Half Yearly Portfolio of the Schemes / Plans as on March 31, 2009 (Unaudited)

Transcription

1 Particulars Kotak Kotak Equity Kotak Flexi Kotak Twin Kotak Dynamic Kotak Emerging Kotak Indo World Kotak Quarterly Kotak Quarterly Kotak Kotak FMP Kotak FMP Kotak FMP Kotak Mahindra Kotak FMP Kotak FMP Kotak FMP Kotak FMP Kotak Dynamic Equity FOF Arbitrage Fund FOF Series II Advantage Series III Asset Allocation Equity Scheme Infrastructure Fund Interval Plan Series 2 Interval Plan Series 8 Dynamic Income * Series XVI * 3M Series 17 * 14M Series 2* Gilt Serial 2003 * 3M Series 2 * 3M Series 7 * 3M Series 29 * 15M Series 3 * Fund of Fund Unclaimed (Rs. Lakhs) # 0.00 # Unclaimed (No. of investors) Unclaimed Redemption Proceeds (Rs. Lakhs) # Unclaimed Redemption (No. of investors) * Matured Scheme. # Less than Rs Lakhs 11. Short Names: Following short names have been used in the presentation of results. Short Name used Scheme Name Kotak Gilt Kotak Mahindra Gilt Unit Scheme 98 Kotak 30 Kotak Mahindra 30 Unit Scheme Kotak Bond * Kotak Mahindra Bond Unit Scheme 99 Kotak Balance Kotak Mahindra Balance Unit Scheme 99 Kotak Tech Kotak Mahindra Technology Scheme Kotak MNC Kotak Mahindra MNC Scheme Kotak Liquid Kotak Mahindra Liquid Scheme Kotak Bond Short Term Kotak Mahindra Bond Unit Scheme 99-Short Term Plan Kotak Income Plus Kotak Mahindra Income Plus Scheme Kotak Global India Kotak Mahindra Global India Scheme Kotak Floater Short Term Kotak Floater Short Term Scheme Kotak Floater Long Term Kotak Floater Long Term Scheme Kotak Flexi Debt Kotak Flexi Debt Scheme Kotak Midcap Kotak Midcap Scheme Kotak Contra Kotak Contra Scheme Kotak Flexi FOF Kotak Flexi Fund of Funds Kotak Tax Saver Kotak Tax Saver Scheme Kotak Lifestyle Kotak Lifestyle Fund * When not suffixed with name of Plan, to be understood to comprise of Regular & Deposit Plans. For Kotak Mahindra Trustee Company Ltd Director: Mr. Girish Sharedalal Director: Mr. Anirudha Barwe Mumbai Date: April 28, 2009 For Kotak Mahindra Asset Management Company Ltd Director: Mr. B. R. Shah Director: Mr. Narayan S.A. Mumbai Date: April 28, 2009 Combined Risk Factors: * Mutual Funds investments are subject to market risks and there is no assurance or guarantee that the objectives of the Schemes will be achieved * As with any securities investment, the NAV of the Units issued under the Schemes can go up or down depending on the factors and forces affecting the capital and money markets. * Past performance of the Sponsor/ AMC/ Fund or that of existing Schemes of the Fund does not indicate the future performance of the Schemes * Kotak Bond Unit Scheme 99, Kotak Liquid, Kotak Floater Short Term, Kotak Floater Long Term, Kotak Flexi Debt, Kotak Gilt, Kotak 30, Kotak Balance, Kotak Tech, Kotak MNC Kotak Global India, Kotak Opportunities, Kotak Midcap, Kotak Contra, Kotak Tax Saver, Kotak Lifestyle, Kotak Income Plus, Kotak Equity FOF, Kotak Equity Arbitrage Fund, Kotak Flexi FOF Series I, Kotak Twin Advantage Series II, Kotak Flexi FOF Series II, Kotak Twin Advantage Series III, Kotak Dynamic Asset Allocation Scheme, Kotak Wealth Builder Series I, Kotak Emerging Equity Scheme, Kotak Gold ETF, Kotak Global Emerging Market Fund, Kotak PSU Bank ETF, Kotak Blended FOF, Kotak Indo World Infrastructure Fund,Kotak Sensex ETF, Kotak Quarterly Interval Plan - Series 1, Kotak Quarterly Interval Plan - Series 2, Kotak FMP 12M Series 4 Kotak Quarterly Interval Plan - Series 3, Kotak Quarterly Interval Plan - Series 4, Kotak FMP 17M Series 1, Kotak FMP 16M Series 2, Kotak Quarterly Interval Plan - Series 5, Kotak Quarterly Interval Plan - Series 6, Kotak FMP 14M Series 3, Kotak FMP 14M Series 4, Kotak FMP 13M Series 3, Kotak FMP 13M Series 4, Kotak FMP 15M Series 4, Kotak FMP 12M Series 3, KOTAK FMP 12M Series 5, Kotak FMP 15M Series 5, KOTAK FMP 12M Series 6, KOTAK FMP 12M Series 7, Kotak FMP 3M Series 32, Kotak FMP 3M Series 33, Kotak FMP 12M Series 8, Kotak Monthly Interval Plan Series 2, Kotak Quarterly Interval Plan - Series 7, Kotak FMP 6M Series 7, Kotak Monthly Interval Plan Series 3, Kotak Quarterly Interval Plan - Series 8, Kotak FMP 12M Series 9, Kotak Quarterly Interval Plan - Series 9, Kotak FMP 19M Series 1, Kotak Quarterly Interval Plan - Series 10, Kotak FMP 12M Series 10, Kotak FMP 12M Series 11, Kotak FMP 18M Series 1 and, Kotak FMP 13M Series 5are only the names of the Schemes and do not in any manner indicate the quality of the Schemes, future prospects or returns. * For scheme wise investment objectives, investment strategy, suitability, scheme specific risk factors and such other information on the scheme please refer Offer Documents/ Scheme Information Document of respective scheme. Offer Documents/ Scheme Information Document are available on our website The above information should not be considered as an advertisement for promoting investments into any of the schemes; it is only a disclosure of half-yearly Unaudited Financial Results required to be disclosed as per SEBI Circular No. MFD/CIR/1/200/2001 dated April 20, Statutory Information: Kotak Mahindra Mutual Fund has been established as a trust under the Indian Trusts Act, 1882, by Kotak Mahindra Bank Limited (liability Rs. NIL) with Kotak Mahindra Trustee Company Limited as the Trustee and with Kotak Mahindra Asset Management Company Limited as the Investment Manager. On written request, present and prospective Unitholders/ investors can obtain a copy of the Trust Deed, supplemental trust deed, the Annual Report at a price and the text of the relevant scheme. Unit holders may obtain, on request, a copy of the Annual Report of the scheme in which he or she has invested, from Kotak Mahindra Mutual Fund at its office at 5A, 5th Floor, Bakhtawar, 229, Nariman Point, Mumbai Unit holders may also obtain, on request, a copy each of the Annual Report of Kotak Mahindra Asset Management Company Limited and the Trust Deed. Before investing, please read the Offer Documents/ Scheme Information Documents. The abridged financial statements for the period ended on that date, together with the notes thereto, were approved by the Board of Kotak Mahindra Asset Management Company Limited and the Board of Kotak Mahindra Trustee Company Limited at their meeting held on April 28, Before investing, please read the respective Offer Documents. Office address: 5A, 5th Floor, Bakhtawar, 229, Nariman Point, Mumbai Telephone: mutual@kotak.com Website: Half Yearly Portfolio of the Schemes / Plans as on March 31, 2009 (Unaudited) Kotak 30 FRD Infrastructure Development Finance Co. Ltd AAA Total Reliance Industries Ltd. Petroleum Products , Infosys Technologies Ltd. Software , Bharti Airtel Ltd. Telecom - Services , Oil & Natural Gas Corporation Ltd. Oil , National Thermal Power Cor. Ltd. Power , ITC Ltd. Consumer Non Durables , State Bank Of India Banks , Hindustan Unilever Ltd. Diversified , ICICI Bank Ltd. Banks , Sun Pharmaceuticals Industries Ltd. Pharmaceuticals , HDFC Bank Ltd. Banks , Jindal Steel & Power Ltd. Ferrous Metals , Hero Honda Motors Ltd. Auto , Larsen And Toubro Ltd. Diversified , Bharat Heavy Electricals Ltd. Industrial Capital Goods , Hindustan Petroleum Corporation Ltd. Petroleum Products , Axis Bank Ltd Banks , Bharat Petroleum Corporation Ltd. Petroleum Products , Nestle India Ltd. Consumer Non Durables , Tata Power Co. Ltd. Power Tata Consultancy Services Ltd. Software HDFC Ltd. Finance Crompton Greaves Ltd. Industrial Capital Goods Mphasis Ltd Software Divi s Laboratories Limited Pharmaceuticals Lupin Ltd. Pharmaceuticals Aditya Birla Nuvo Limited Textile Products Idea Cellular Ltd. Telecom - Services Sterlite Industries (India) Ltd Non - Ferrous Metals Punjab National Bank Banks Patel Engineering Ltd. Construction Maruti Udyog Ltd Auto GAIL (India) Ltd. Gas Total 51, Reliance Petroleum Ltd.-APR Power Grid Corporation Of India Ltd-APR GAIL (India) Ltd.-APR HDFC Bank Ltd.-APR Maruti Udyog Ltd-APR Bharat Heavy Electricals Ltd.-APR Tata Consultancy Services Ltd.-APR Punjab National Bank-APR Lupin Ltd.-APR Hero Honda Motors Ltd.-APR Idea Cellular Ltd.-APR Sterlite Industries (India) Ltd-APR National Thermal Power Corporation Limited-APR HDFC Ltd.-APR Jindal Steel & Power Ltd.-APR ICICI Bank Ltd.-APR Axis Bank Ltd-APR , Total 2, CD YES Bank Ltd P , Total 5, Collateral Borrowing & Lending obligation 3, Total 3, Kotak Mahindra Bank Ltd. 700 Days 2, Kotak Mahindra Bank Ltd. 500 Days Kotak Mahindra Bank Ltd. 366 Days Kotak Mahindra Bank Ltd. 364 Days Kotak Mahindra Bank Ltd. 402 Days Kotak Mahindra Bank Ltd. 390 Days Kotak Mahindra Bank Ltd. 392 Days Kotak Mahindra Bank Ltd. 365 Days Grand Total 3, Net Current Assets/(Liabilities) -3, Grand Total 63, Total value of illiquid equity shares and percentage to Net Assets : Nil 2 NAV as on September 30, 2008 : Option : Rs Growth Option : Rs NAV as on March 31, 2009 : Option : Rs Growth Option : Rs (s) declared during the half-year period under Option : Rate (Rs per Unit) Cum NAV (Rs) 30-Mar-09 1 Rs Portfolio Turnover Ratio : % 6 Total outstanding exposure in derivative instruments at the end of the half year.: Net long position in is Rs Lacs representing 3.65% of Net Assets Management Company Limited in accordance with guidelines on valuation of securities for mutual fund issued by the Securities and Kotak FMP 18M Series 1 Scheme 11.45% Rural Electrification Corporation Ltd. AAA % National Bank for Agriculture AAA % Export-Import Bank of India.** AAA % Power Finance Corporation Ltd. AAA % Infrastructure Development Finance Co. Ltd AAA % Indian Oil Corporation Ltd. LAAA Total 1, Collateral Borrowing & Lending obligation Total Net Current Assets/(Liabilities) Grand Total 2, Average Maturity of the portfolio : 0.91 Years FMP 18M Series 1 Option : NA Growth Option : NIL FMP 18M Series 1 Option : N.A. Growth Option : Rs NIL Kotak MNC FRD Export-Import Bank of India. AAA Total ITC Ltd. Consumer Non Durables Nestle India Ltd. Consumer Non Durables Mphasis Ltd Software Bharti Airtel Ltd. Telecom - Services Hero Honda Motors Ltd. Auto Colgate Palmolive (India ) Ltd. Consumer Non Durables Hindustan Unilever Ltd. Diversified Areva T and D India Ltd. Industrial Capital Goods M India Ltd. Trading ING Vysya Bank Ltd. Banks Gillette India Ltd Consumer Non Durables Kennametal India Ltd. Industrial Products Monsanto India Ltd. Pesticides Kansai Nerolac Paints Ltd Consumer Non Durables ACC Ltd. Cement Maruti Udyog Ltd Auto KSB Pump Ltd Industrial Products Grindwell Norton Ltd. Industrial Products Alstom Projects India Ltd. Industrial Capital Goods Asahi India Glass Ltd Auto Ancillaries Honeywell Automation India Ltd. Industrial Capital Goods Castrol (India ) Ltd. Petroleum Products Micro Inks Ltd. Chemicals Amara Raja Batteries Ltd. Auto Ancillaries Siemens Ltd. Industrial Capital Goods Atlas Copco (India) Ltd Industrial Products Bata India Ltd. Consumer Non Durables Total 1, ABB Ltd.-APR Total Collateral Borrowing & Lending obligation Total Kotak Mahindra Bank Ltd. 390 Days Total Net Current Assets/(Liabilities) Grand Total 2, Total value of illiquid equity shares and percentage to Net Assets : Nil 2 NAV as on September 30, 2008 : Rs NAV as on March 31, 2009 : Rs (s) declared during the half-year period under Option : NIL 5 Portfolio Turnover Ratio : 61.03% 6 Total outstanding exposure in derivative instruments at the end of the half year.: Net long position in is Rs Lacs representing 2.46% of Net Assets mutual fund issued by the Securities and Kotak Global India Scheme FRD Citifinancial Consumer Finance India Ltd. AA Total Reliance Industries Ltd. Petroleum Products Oil & Natural Gas Corporation Ltd. Oil Sun Pharmaceuticals Industries Ltd. Pharmaceuticals Tata Power Co. Ltd. Power ICICI Bank Ltd. Banks Tata Consultancy Services Ltd. Software United Phosphorus Ltd Pesticides Infosys Technologies Ltd. Software Lupin Ltd. Pharmaceuticals Asian Paints Ltd. Consumer Non Durables United Spirits Ltd. Consumer Non Durables Divi s Laboratories Limited Pharmaceuticals Bajaj Auto Ltd. Auto Tata Tea Ltd. Consumer Non Durables Punj Lloyd Ltd. Construction Larsen And Toubro Ltd. Diversified Crompton Greaves Ltd. Industrial Capital Goods Jubilant Oraganosys Ltd Pharmaceuticals Hindustan Zinc Ltd. Non - Ferrous Metals Zee Entertainment Enterprises Ltd Media and Entertainment Tata Steel Limited. Ferrous Metals Mphasis Ltd Software Tata Steel Ltd. CCPS Ferrous Metals Total 2, ICICI Bank Ltd.-APR Oil & Natural Gas Corporation Ltd.-APR Total NIFTY Call Option - April Total Collateral Borrowing & Lending obligation Total Kotak Mahindra Bank Ltd. 700 Days Kotak Mahindra Bank Ltd. 364 Days Kotak Mahindra Bank Ltd. 390 Days Kotak Mahindra Bank Ltd. 393 Days Total Net Current Assets/(Liabilities) Grand Total 3, : Option : Rs Growth Option : Rs : Option : Rs Growth Option : Rs NIL 5 Portfolio Turnover Ratio : % 6 Total outstanding exposure in derivative instruments at the end of the half year.: Net short position in is (Rs ) Lacs representing -3.96% of Net Assets and Long Position in Call Option is Rs representing 0.47% of Net Assets fund issued by the Securities and Kotak Balance Name of Instrument Rating / Industry Quantity (Rs.in Lakhs) Assets ZCB National Bank for Agriculture AAA Total Reliance Industries Ltd. Petroleum Products Oil & Natural Gas Corporation Ltd. Oil Infosys Technologies Ltd. Software Bharti Airtel Ltd. Telecom - Services HDFC Bank Ltd. Banks National Thermal Power Cor. Ltd. Power ITC Ltd. Consumer Non Durables Lupin Ltd. Pharmaceuticals Tata Power Co. Ltd. Power GAIL (India) Ltd. Gas Bharat Heavy Electricals Ltd. Industrial Capital Goods Idea Cellular Ltd. Telecom - Services State Bank Of India Banks Mphasis Ltd Software Hindustan Petroleum Cor. Ltd. Petroleum Products Godrej Consumer Products Ltd. Consumer Non Durables Bajaj Auto Ltd. Auto Hero Honda Motors Ltd. Auto Balrampur Chini Mills Ltd Consumer Non Durables Hindustan Unilever Ltd. Diversified Alstom Projects India Ltd. Industrial Capital Goods ABB Ltd. Industrial Capital Goods Larsen And Toubro Ltd. Diversified Reliance Petroleum Ltd. Petroleum Products Cairn India Limited Oil Federal Bank Ltd. Banks Jindal Steel & Power Ltd. Ferrous Metals India Cements Ltd. Cement Exide Industries Ltd Auto Ancillaries ICICI Bank Ltd. Banks Infrastructure Development Finance Co. Ltd Finance Colgate Palmolive (India ) Ltd. Consumer Non Durables Nestle India Ltd. Consumer Non Durables Crompton Greaves Ltd. Industrial Capital Goods Tata Consultancy Services Ltd. Software Reliance Infrastructure Ltd Power IRB Infrastructure Developers Ltd Construction Indian Bank Banks GlaxoSmithkline Consumer Healthcare Ltd Consumer Non Durables Bharat Petroleum Corporation Ltd. Petroleum Products Mundra Port and Special Economic Zone Ltd Travel & Transportation Jubilant Oraganosys Ltd Pharmaceuticals Zee Entertainment Enterprises Ltd Media and Entertainment Great Eastern Shipping Company Ltd Transportation Tata Chemicals Ltd. Fertilisers Punj Lloyd Ltd. Construction Jaiprakash Associates Ltd Construction Union Bank Of India Banks Hindustan Construction Co.Ltd Construction Bajaj Electricals Ltd Consumer Durables Network18 Preference Shares Finance Network 18 Fincap Ltd Finance Total 3, Union Bank Of India-APR Hero Honda Motors Ltd.-APR Infrastructure Development Finance Co. Ltd-APR Jindal Steel & Power Ltd.-APR Oil & Natural Gas Corporation Ltd.-APR Bharat Heavy Electricals Ltd.-APR Cairn India Limited-APR Tata Consultancy Services Ltd.-APR Tata Chemicals Ltd.-APR Hindustan Unilever Ltd.-APR ITC Ltd.-APR Alstom Projects India Ltd.-APR Reliance Industries Ltd.-APR Tata Power Co. Ltd.-APR Infosys Technologies Ltd.-APR NIFTY-APR Total Kotak Mahindra Bank Ltd. 700 Days Kotak Mahindra Bank Ltd. 364 Days Total Collateral Borrowing & Lending obligation Total Net Current Assets/(Liabilities) Grand Total 5, Total value and percentage of illiquid equity shares to Net Assets : NIL 2 NAV as on September 30, 2008 : Rs NAV as on March 31, 2009 : Rs (s) declared during the half-year period under Option : NIL 5 Portfolio Turnover Ratio : % 6 Total outstanding exposure in derivative instruments at the end of the half year.: Net short position in is (Rs ) Lacs representing -9.43% of Net Assets 7 ** Thinly traded/non-traded securities- Fair value as determined by Kotak Mahindra Asset mutual funds issued by the Securities and Kotak FoF- Series - I Scheme Kotak Liquid Institutional Premium Plan Debt Schemes Total Net Current Assets/(Liabilities) Grand Total NAV as on September 30, 2008 : Kotak FOF Series 1 Option: Rs Growth Option: Rs NAV as on March 31, 2009 : Kotak FOF Series 1 Option: Rs Growth Option: Rs (s) declared during the half-year period under Option : NIL 4. The valuation of is based on the Net Asset of the respective Scheme on the date of valuation Kotak Flexi FOF- Series II Scheme Kotak Liquid Institutional Premium Plan Debt Schemes , Total 3, Net Current Assets/(Liabilities) Grand Total 3, NAV as on September 30, 2008 : Option : Rs NAV as on March 31, 2009 : Option : Rs (s) declared during the half-year period under Option : NIL 4. The valuation of is based on the Net Asset of the respective Scheme on the date of valuation Kotak Lifestyle Name of Instrument Rating / Industry Quantity (Rs.in Lakhs) Assets FRD Citifinancial Consumer Finance India Ltd. AA FRD LIC Housing Finance Ltd. AAA FRD Ultratech Cement Ltd. AAA Total Securitized ** SO Credit Asset Trust Series XLVIII Class F1+(ind)(SO) A2;21/05/09-Vodafone Essar Cellular Ltd. Total Colgate Palmolive (India ) Ltd. Consumer Non Durables Bharti Airtel Ltd. Telecom - Services ITC Ltd. Consumer Non Durables Hero Honda Motors Ltd. Auto Maruti Udyog Ltd Auto Hindustan Unilever Ltd. Diversified Dabur India Ltd Consumer Non Durables Marico Ltd. Consumer Non Durables State Bank Of India Banks HDFC Bank Ltd. Banks Punjab National Bank Banks Bajaj Auto Ltd. Auto Canara Bank Banks Aditya Birla Nuvo Limited Textile Products Union Bank Of India Banks ICICI Bank Ltd. Banks Axis Bank Ltd Banks Bank Of Baroda Banks Infrastructure Development Finance Co. Ltd Finance Nestle India Ltd. Consumer Non Durables Zee Entertainment Enterprises Ltd Media and Entertainment Reliance Communications Ltd. Telecom - Services HDFC Ltd. Finance Idea Cellular Ltd. Telecom - Services Indian Bank Banks Deccan Chronicle Holdings Ltd. Media and Entertainment Godrej Consumer Products Ltd. Consumer Non Durables T.V. Today Network Ltd. Media and Entertainment Page Industries Ltd Textile Products Zee News Ltd. Media and Entertainment Network 18 Fincap Ltd Finance Indage Vintners Ltd Consumer Non Durables Royal Orchid Hotels Ltd Hotels Network18 Preference Shares Finance Cholamandalam DBS Finance Ltd Finance Total 6, Tata Motors Ltd.-APR ICICI Bank Ltd.-APR Union Bank Of India-APR Axis Bank Ltd-APR Total Collateral Borrowing & Lending obligation 1, Total 1, Kotak Mahindra Bank Ltd. 276 Days Kotak Mahindra Bank Ltd. 700 Days Total Net Current Assets/(Liabilities) Grand Total 9, NAV as on September 30, 2008 : Option : Rs Growth Option : Rs Option : Rs Growth Option : Rs (s) declared during the half-year period under Option : Nil 5. Portfolio Turnover Ratio : % 6. Total outstanding exposure in derivative instruments at the end of the half year.: Net long position in is Rs Lacs representing 6.68% of Net Assets 7. ** Thinly traded/non-traded securities- Fair value as determined by Kotak Mahindra Asset mutual funds issued by the Securities and Kotak Twin Advantage Sr III Scheme ZCB Sundaram Finance Ltd. AA , ZCB Citifinancial Consumer Finance India Ltd. AA , % Citicorp Finance (India) Ltd. AA , % National Bank for Agriculture AAA FRD National Housing Bank AAA(ind) Total 6, Securitized ** SO Long Bond Rec.Trust 2006 Ser IV-A AAA(so) Total NIFTY Call Option - April NIFTY Call Option - April Total Commercial Paper (CP)/Certificate of Deposits (CD) CP Export-Import Bank of India A Total Kotak Mahindra Bank Ltd. 374 Days Total Net Current Assets/(Liabilities) Grand Total 8, Average Maturity of the portfolio : 0.34 Years Kotak Twin Advantage Sr IIl Option : Rs Growth Option : Rs Kotak Twin Advantage Sr III Option : Rs Growth Option : Rs Nil 5. Total outstanding exposure in derivative instruments at the end of the half year.: Long position in Call Option is Rs representing 0.56 % of Net Assets

2 Kotak Mid-Cap Kotak Opportunities Kotak Equity Arbitrage Fund Kotak Equity Arbitrage Fund (Contd...) FRD Export-Import Bank of India. AAA Total Hindustan Petroleum Corporation Ltd Petroleum Products Marico Ltd. Consumer Non Durables Mphasis Ltd Software Lupin Ltd. Pharmaceuticals Godrej Consumer Products Ltd. Consumer Non Durables Exide Industries Ltd Auto Ancillaries Divi s Laboratories Limited Pharmaceuticals ICICI Bank Ltd. Banks Britannia Industries Ltd. Consumer Non Durables Ultratech Cement Ltd. Cement Colgate Palmolive (India ) Ltd. Consumer Non Durables Tata Tea Ltd. Consumer Non Durables Infrastructure Development Finance Co.Ltd Finance Balrampur Chini Mills Ltd Consumer Non Durables Nestle India Ltd. Consumer Non Durables Gujarat State Petronet Ltd. Gas United Phosphorus Ltd Pesticides Union Bank Of India Banks Federal Bank Ltd. Banks Jubilant Oraganosys Ltd Pharmaceuticals Hero Honda Motors Ltd. Auto Sun Pharmaceuticals Industries Ltd. Pharmaceuticals GlaxoSmithkline Consumer Healthcare Ltd Consumer Non Durables Axis Bank Ltd Banks Great Eastern Shipping Company Ltd Transportation Indian Bank Banks IVRCL Infrastructures & Projects Ltd. Construction India Cements Ltd. Cement Asian Paints Ltd. Consumer Non Durables Glenmark Pharmaceuticals Ltd Pharmaceuticals Hindustan Construction Co.Ltd Construction HDFC Bank Ltd. Banks Lanco Infratech Ltd Power Indian Overseas Bank Banks Mundra Port and Special Economic Zone Ltd Travel & Transportation IRB Infrastructure Developers Ltd Construction Oriental Bank of Commerce Banks Reliance Industries Ltd. Petroleum Products Allahabad Bank. Banks Alstom Projects India Ltd. Industrial Capital Goods Andhra Bank Banks GVK Power & Infrastructure Ltd. Power Crompton Greaves Ltd. Industrial Capital Goods Bajaj Auto Ltd. Auto Total 6, NIFTY-APR Bajaj Auto Ltd.-APR ICICI Bank Ltd.-APR Axis Bank Ltd-APR Total ICICI Bank Ltd Call Option - April ICICI Bank Ltd Call Option - April Total Collateral Borrowing & Lending obligation Total Kotak Mahindra Bank Ltd. 700 Days Kotak Mahindra Bank Ltd. 362 Days Kotak Mahindra Bank Ltd. 367 Days Total Net Current Assets/(Liabilities) Grand Total 7, NAV as on September 30, 2008 : Option : Rs Growth Option : Rs NAV as on March 31, 2009 : Option : Rs Growth Option : Rs (s) declared during the half-year period under Option : Nil 5. Portfolio Turnover Ratio : % 6. Total outstanding exposure in derivative instruments at the end of the half year.: Net long position in is Rs Lacs representing 1.58% of Net Assets and Short Position in Call option is (Rs. 9.62) representing -0.13% of the Net Assets 7. ** Thinly traded/non-traded securities - fair value as determined by Kotak Mahindra Asset fund issued by the Securities and Kotak Emerging Equity Scheme Colgate Palmolive (India ) Ltd. Consumer Non Durables Reliance Industries Ltd. Petroleum Products Marico Ltd. Consumer Non Durables Bajaj Auto Ltd. Auto Exide Industries Ltd Auto Ancillaries Rural Electrification Corporation Ltd Finance Power Trading Corporation of India Limited Power Hindustan Petroleum Corporation Ltd Petroleum Products Union Bank Of India Banks Mphasis Ltd Software IBN 18 Broadcast Limited Media and Entertainment Dabur India Ltd Consumer Non Durables Lupin Ltd. Pharmaceuticals Asian Paints Ltd. Consumer Non Durables Godrej Consumer Products Ltd. Consumer Non Durables Castrol (India ) Ltd. Petroleum Products ITC Ltd. Consumer Non Durables Gujarat Gas Company Ltd Gas National Thermal Power Corporation Limited Power Federal Bank Ltd. Banks IRB Infrastructure Developers Ltd Construction ICICI Bank Ltd. Banks Bank Of Baroda Banks ING Vysya Bank Ltd. Banks Ballarpur Industries Ltd. Paper Ultratech Cement Ltd. Cement Lanco Infratech Ltd Power Infrastructure Development Finance Co. Ltd Finance Canara Bank Banks Mundra Port and Special Economic Zone Limited Travel & Transportation Torrent Power Ltd Power Indo Tech Transformers Limited Power Bharat Electronics Ltd Industrial Capital Goods Hcl Technologies Ltd. Software Gujarat Ambuja Exports Ltd. Trading India Cements Ltd. Cement Areva T and D India Ltd. Industrial Capital Goods Gujarat State Petronet Ltd. Gas Page Industries Ltd Textile Products Alstom Projects India Ltd. Industrial Capital Goods Everest Kanto Cylinder Ltd Industrial Products Indian Overseas Bank Banks Oriental Bank of Commerce Banks Gujarat Alkalies & Chemicals Ltd. Chemicals MIC Electronics Limited Telecom - Equipment & Accessories Indian Bank Banks Great Eastern Shipping Company Ltd Transportation Total 7, ICICI Bank Ltd.-APR Total Collateral Borrowing & Lending obligation 1, Total 1, Kotak Mahindra Bank Ltd. 464 Days Total Net Current Assets/(Liabilities) Grand Total 8, NAV as on September 30, 2008 : Option : Rs Growth Option : Rs NAV as on March 31, 2009 : Option : Rs Growth Option : Rs (s) declared during the half-year period under Option : Nil 5. Portfolio Turnover Ratio : % 6. Total outstanding position in derivatives ( net short positions in futures) at the end of half year : (Rs Lacs) representing -1.49% of the Net Assets. Reliance Industries Ltd. Petroleum Products , Bharti Airtel Ltd. Telecom - Services , HDFC Bank Ltd. Banks , ITC Ltd. Consumer Non Durables , State Bank Of India Banks , Oil & Natural Gas Corporation Ltd. Oil , Hindustan Unilever Ltd. Diversified , Jindal Steel & Power Ltd. Ferrous Metals , Bharat Heavy Electricals Ltd. Industrial Capital Goods , Hero Honda Motors Ltd. Auto , Infosys Technologies Ltd. Software , Mphasis Ltd Software , Axis Bank Ltd Banks , Hindustan Petroleum Corporation Ltd Petroleum Products , Sun Pharmaceuticals Industries Ltd. Pharmaceuticals , National Thermal Power Corporation Ltd. Power , Mundra Port and Special Economic Zone Ltd. Travel & Transportation , Tata Power Co. Ltd. Power , ICICI Bank Ltd. Banks , India Cements Ltd. Cement , Tata Consultancy Services Ltd. Software Crompton Greaves Ltd. Industrial Capital Goods Bajaj Auto Ltd. Auto Divi s Laboratories Limited Pharmaceuticals Federal Bank Ltd. Banks Infrastructure Development Finance Co. Ltd Finance Jaiprakash Associates Ltd Construction Bank Of Baroda Banks GAIL (India) Ltd. Gas Dabur India Ltd Consumer Non Durables Bharat Electronics Ltd Industrial Capital Goods Idea Cellular Ltd. Telecom - Services IRB Infrastructure Developers Ltd Construction HDFC Ltd. Finance Aditya Birla Nuvo Limited Textile Products Bharat Petroleum Corporation Ltd. Petroleum Products Wipro Ltd. Software GVK Power & Infrastructure Ltd. Power United Spirits Ltd. Consumer Non Durables Patel Engineering Ltd. Construction Union Bank Of India Banks Balrampur Chini Mills Ltd Consumer Non Durables Power Finance Corporation Ltd. Finance Maruti Udyog Ltd Auto Exide Industries Ltd Auto Ancillaries Zee Entertainment Enterprises Ltd Media and Entertainment Larsen And Toubro Ltd. Diversified Sterlite Industries (India) Ltd Non - Ferrous Metals ABG Infralogistics Ltd Industrial Capital Goods Tata Chemicals Ltd. Fertilisers Tata Steel Limited. Ferrous Metals Great Eastern Shipping Company Ltd Transportation # Total 50, Bank Of Baroda-APR National Thermal Power Corporation Limited-APR Hero Honda Motors Ltd.-APR Punj Lloyd Ltd.-APR Infosys Technologies Ltd.-APR Idea Cellular Ltd.-APR Maruti Udyog Ltd-APR Union Bank Of India-APR Sterlite Industries (India) Ltd-APR Balrampur Chini Mills Ltd-APR Bajaj Auto Ltd.-APR Infrastructure Development Finance Co. Ltd-APR ICICI Bank Ltd.-APR Axis Bank Ltd-APR HDFC Ltd.-APR Jindal Steel & Power Ltd.-APR State Bank Of India-APR ITC Ltd.-APR Bharat Heavy Electricals Ltd.-APR Bharti Airtel Ltd.-APR , Total CD IDBI Bank Ltd A , Total 1, Kotak Mahindra Bank Ltd. 700 Days 2, Kotak Mahindra Bank Ltd. 390 Days Kotak Mahindra Bank Ltd. 365 Days Kotak Mahindra Bank Ltd. 272 Days Kotak Mahindra Bank Ltd. 500 Days Kotak Mahindra Bank Ltd. 364 Days Kotak Mahindra Bank Ltd. 392 Days Total 4, Collateral Borrowing & Lending obligation 4, Total 4, Net Current Assets/(Liabilities) Grand Total 60, NAV as on September 30, 2008 : Option : Rs Growth Option : Rs NAV as on March 31, 2009 : Option : Rs Growth Option : Rs (s) declared during the half-year period under Option : Nil 5. Portfolio Turnover Ratio : % 6. Total outstanding exposure in derivative instruments at the end of the half year.: Net short position in is (Rs ) Lacs representing -1.45% of Net Assets 7. ** Thinly traded/non-traded securities - fair value as determined by Kotak Mahindra Asset fund issued by the Securities and Kotak Technology Scheme Infosys Technologies Ltd. Software Bharti Airtel Ltd. Telecom - Services Mphasis Ltd Software Idea Cellular Ltd. Telecom - Services Tata Consultancy Services Ltd. Software Wipro Ltd. Software Zee News Ltd. Media and Entertainment Sun TV Limited. Media and Entertainment Hcl Technologies Ltd. Software Zee Entertainment Enterprises Ltd Media and Entertainment Reliance Communications Ltd. Telecom - Services IBN 18 Broadcast Limited Media and Entertainment Financial Technologies (India) Ltd. Software Jagran Prakashan Limited Media and Entertainment Oracle Financial Services Software Ltd Software Adlabs Films Ltd. Media and Entertainment Infotech Enterprises Ltd. Software Tata Communications Ltd Telecom - Services Total 1, $ SRM Radiant Infotech Ltd. Software # $ Virtual Dynamics Software Ltd. Software # Total 0.00 # Kotak Mahindra Bank Ltd. 390 Days Kotak Mahindra Bank Ltd. 370 Days Kotak Mahindra Bank Ltd. 367 Days Kotak Mahindra Bank Ltd. 364 Days Kotak Mahindra Bank Ltd. 700 Days Total Net Current Assets/(Liabilities) Grand Total 1, $ Total value of illiquid equity shares and percentage to Net Assets : Nil Option : Rs Option : Rs Nil 5 Portfolio Turnover Ratio : 75.02% Name of Instrument Rating/Industry Quantity (Rs.in Lakhs) Assets GTL Ltd Telecom - Equipment , & Accessories Bharat Forge Ltd. Industrial Products Infrastructure Development Finance Co. Ltd Finance Reliance Industries Ltd. Petroleum Products K S Oils Ltd Consumer Non Durables Century Textiles & Industries Ltd. Cement Ranbaxy Laboratories Ltd. Pharmaceuticals ITC Ltd. Consumer Non Durables India Cements Ltd. Cement Welspun Gujarat Stahl Rohren Ltd. Ferrous Metals Hindustan Construction Co.Ltd Construction Punj Lloyd Ltd. Construction Dena Bank Banks Sun Pharmaceuticals Industries Ltd. Pharmaceuticals Reliance Infrastructure Ltd Power Bajaj Hindusthan Limited Consumer Non Durables Ultratech Cement Ltd. Cement Cipla Ltd. Pharmaceuticals Cairn India Limited Oil IFCI Ltd. Finance Reliance Natural Resources Ltd Gas Triveni Engineering & Industries Ltd. Consumer Non Durables HDFC Ltd. Finance Vijaya Bank Banks Mphasis Ltd Software Nagarjuna Fertilizers & Chemicals Ltd. Fertilisers Jindal Steel & Power Ltd. Ferrous Metals Industrial Development Bank of India Ltd. Banks Mahanagar Telephone Nigam Ltd. Telecom - Services Hindustan Unilever Ltd. Diversified Infosys Technologies Ltd. Software ICICI Bank Ltd. Banks Balrampur Chini Mills Ltd Consumer Non Durables Sesa Goa Ltd. Minerals/Mining Great Eastern Shipping Company Ltd Transportation Strides Arcolab Ltd. Pharmaceuticals Chambal Fertilisers & Chemicals Ltd Fertilisers Oracle Financial Services Software Ltd Software TVS Motors Company Ltd Auto Indiabulls Real Estate Ltd Construction Hindustan Petroleum Corporation Ltd Petroleum Products Larsen And Toubro Ltd. Diversified Jaiprakash Hydro Power Ltd. Power Idea Cellular Ltd. Telecom - Services Oil & Natural Gas Corporation Ltd. Oil Aptech Ltd. Software Ispat Industries Ltd Ferrous Metals Allahabad Bank. Banks Lakshmi Machine Works Ltd Industrial Capital Goods Zee Entertainment Enterprises Ltd Media and Entertainment Escorts Ltd. Auto Birla Corporation Ltd. Cement Hotel Leela Venture Ltd Hotels i Infotech Ltd. Software Tata Power Co. Ltd. Power Petronet LNG Ltd. Gas Hindustan Oil Exploration Company Ltd. Oil Mercator Lines Ltd. Transportation Indian Overseas Bank Banks Arvind Mills Ltd. Textile Products Shree Renuka Sugars Ltd. Consumer Non Durables Development Credit Bank Ltd. Banks Biocon Ltd. Pharmaceuticals Yes Bank Ltd Banks Noida-Toll Bridge Co. Ltd. Transportation Praj Industries Ltd. Industrial Capital Goods Canara Bank Banks Central Bank Of India Banks Voltas Ltd. Consumer Durables Lanco Infratech Ltd Power Jaiprakash Associates Ltd Construction New Delhi Television Ltd. Media and Entertainment Gujarat Alkalies & Chemicals Ltd. Chemicals Gujarat Narmada Valley Fertilisers Co. Ltd. Fertilisers NIIT Ltd. Software Total 13, NIIT Ltd.-APR Gujarat Narmada Valley Fertilisers Co. Ltd.-APR Gujarat Alkalies & Chemicals Ltd.-APR New Delhi Television Ltd.-APR Jaiprakash Associates Ltd-APR Lanco Infratech Ltd-APR Voltas Ltd.-APR Central Bank Of India-APR Canara Bank-APR Praj Industries Ltd.-APR Noida-Toll Bridge Co. Ltd.-APR Yes Bank Ltd-APR Biocon Ltd.-APR Development Credit Bank Ltd.-APR Shree Renuka Sugars Ltd.-APR Arvind Mills Ltd.-APR Indian Overseas Bank-APR Mercator Lines Ltd.-APR Hindustan Oil Exploration Co. Ltd.-APR Petronet LNG Ltd.-APR Tata Power Co. Ltd.-APR I Infotech Ltd.-APR Hotel Leela Venture Ltd-APR Birla Corporation Ltd.-APR Escorts Ltd.-APR Zee Entertainment Enterprises Ltd-APR Lakshmi Machine Works Ltd-APR Allahabad Bank.-APR Ispat Industries Ltd-APR Aptech Ltd.-APR Oil & Natural Gas Corporation Ltd.-APR Idea Cellular Ltd.-APR Jaiprakash Hydro Power Ltd.-APR Hindustan Petroleum Corporation Ltd-APR Larsen And Toubro Ltd.-APR Indiabulls Real Estate Ltd-APR TVS Motors Company Ltd-APR Oracle Financial Services Software Ltd-APR Chambal Fertilisers & Chemicals Ltd-APR Great Eastern Shipping Company Ltd-APR Strides Arcolab Ltd.-APR Sesa Goa Ltd.-APR Balrampur Chini Mills Ltd-APR ICICI Bank Ltd.-APR Infosys Technologies Ltd.-APR Hindustan Unilever Ltd.-APR Mahanagar Telephone Nigam Ltd.-APR Jindal Steel & Power Ltd.-APR Industrial Development Bank of India Ltd.-APR Mphasis Ltd-APR Nagarjuna Fertilizers & Chemicals Ltd.-APR Vijaya Bank-APR HDFC Ltd.-APR Triveni Engineering & Industries Ltd.-APR Reliance Natural Resources Ltd-APR IFCI Ltd.-APR Cairn India Limited-APR Cipla Ltd.-APR Ultratech Cement Ltd.-APR Reliance Infrastructure Ltd-APR Bajaj Hindusthan Limited-APR Sun Pharmaceuticals Industries Ltd.-APR Dena Bank-APR Punj Lloyd Ltd.-APR Hindustan Construction Co.Ltd-APR Welspun Gujarat Stahl Rohren Ltd.-APR India Cements Ltd.-APR ITC Ltd.-APR Ranbaxy Laboratories Ltd.-APR Century Textiles & Industries Ltd.-APR K S Oils Ltd-APR Reliance Industries Ltd.-APR Name of Instrument Rating/Industry Quantity (Rs.in Lakhs) Assets Infrastructure Development Finance Co.Ltd-A PR Bharat Forge Ltd.-APR GTL Ltd-APR , Total -13, CD Syndicate Bank P , Total 1, Kotak Mahindra Bank Ltd. 700 Days 5, Kotak Mahindra Bank Ltd. 390 Days Kotak Mahindra Bank Ltd. 750 Days Total 5, Collateral Borrowing & Lending obligation Total Net Current Assets/(Liabilities) 14, Grand Total 21, Total value and percentage of illiquid equity shares to Net Assets: Nil Option : Rs Growth Option : Rs Option : Rs Growth Option : Rs (s) declared during the half-year period under Option : Monthly Rate (Rs per Unit) Cum NAV (Rs) 27-Oct Rs Nov Rs Dec Rs Jan Rs Feb Rs Mar Rs Portfolio Turnover Ratio : % 6. Total outstanding exposure in derivative instruments at the end of the half year.: Net short position in is (Rs. 13,691.22) Lacs representing % of Net Assets 7.** Thinly traded/non-traded securities - fair value as determined by Kotak Mahindra Asset fund issued by the Securities and Kotak Contra Scheme FRD Ultratech Cement Ltd. AAA Total Reliance Industries Ltd. Petroleum Products ITC Ltd. Consumer Non Durables State Bank Of India Banks GAIL (India) Ltd. Gas Union Bank Of India Banks National Thermal Power Corporation Ltd. Power HDFC Bank Ltd. Banks Oil & Natural Gas Corporation Ltd. Oil Britannia Industries Ltd. Consumer Non Durables Bharti Airtel Ltd. Telecom - Services Hindustan Petroleum Corporation Ltd Petroleum Products Exide Industries Ltd Auto Ancillaries Hindustan Unilever Ltd. Diversified Wipro Ltd. Software Larsen And Toubro Ltd. Diversified Tata Power Co. Ltd. Power Mahanagar Telephone Nigam Ltd. Telecom - Services Infosys Technologies Ltd. Software Dabur India Ltd Consumer Non Durables Tata Consultancy Services Ltd. Software Jindal Steel & Power Ltd. Ferrous Metals Coromandel Fertilisers Ltd. Fertilisers Axis Bank Ltd Banks Ultratech Cement Ltd. Cement Bajaj Auto Ltd. Auto Bharat Heavy Electricals Ltd. Industrial Capital Goods Lanco Infratech Ltd Power Bharat Electronics Ltd Industrial Capital Goods Deepak Fertilizers & Petrochemicals Corp Ltd Fertilisers Federal Bank Ltd. Banks Lupin Ltd. Pharmaceuticals Godrej Consumer Products Ltd. Consumer Non Durables Castrol (India ) Ltd. Petroleum Products ABG Infralogistics Ltd Industrial Capital Goods ABB Ltd. Industrial Capital Goods Mphasis Ltd Software Torrent Power Ltd Power Bank Of Baroda Banks Gujarat Gas Company Ltd Gas Indian Bank Banks Infrastructure Development Finance Co. Ltd Finance Hero Honda Motors Ltd. Auto India Cements Ltd. Cement IRB Infrastructure Developers Ltd Construction Marico Ltd. Consumer Non Durables Mundra Port and Special Economic Zone Ltd Travel & Transportation Great Eastern Shipping Company Ltd Transportation Canara Bank Banks Future Capital Holdings Limited Finance SpiceJet Ltd. Transportation # Total 4, Collateral Borrowing & Lending obligation Total Kotak Mahindra Bank Ltd. 700 Days Kotak Mahindra Bank Ltd. 694 Days Total Net Current Assets/(Liabilities) Grand Total 6, : Option : Rs Growth Option : Rs : Option : Rs Growth Option : Rs Nil 5 Portfolio Turnover Ratio : % 6 ** Thinly traded/non-traded securities - fair value as determined by Kotak Mahindra Asset fund issued by the Securities and Kotak Twin Advantage II 8.50% Citicorp Maruti Finance Ltd. AA % Sundaram Finance Ltd. AA Total ZCB Tata Sons Ltd. AAA Total Securitized ** SO 9.00%INDIAN RETAIL ABS TRUST AAA SERIES 56 20/04/ ICICI Bank Ltd. SO Long Bond Rec.Trust 2006 Ser IV -A AAA(so) Total NIFTY Call Option - April NIFTY Call Option - April Total Collateral Borrowing & Lending obligation Total Kotak Mahindra Bank Ltd. 201 Days Total Net Current Assets/(Liabilities) Grand Total 3, Average Maturity of the portfolio : 0.24 Years KOTAK TWIN ADVANTAGE Sr II Option : Rs Growth Option : Rs KOTAK TWIN ADVANTAGE Sr II Option : Rs Growth Option : Rs NIL