Fidelity Cash Fund Fidelity Ultra Short Term Debt Fund Fidelity Flexi Bond Fund Fidelity Flexi Gilt Fund Fidelity Wealth Builder Fund NOVEMBER 2010
CASH FUND An open-ended liquid scheme Mahesh A. Chhabria (Assistant Fund Manager since September 2009) -Total work experience of 10 years FIDELITY CASH FUND - RETAIL PLAN Vs CRISIL LIQUID FUND INDEX Period Fidelity Fidelity Fidelity CRISIL Cash Fund - Cash Fund - Cash Fund - Super Liquid Retail Institutional Institutional Fund Plan Plan Plan Index 7 days 0.12% 0.13% 0.13% 0.13% 15 days 0.26% 0.27% 0.28% 0.28% 1 month 0.56% 0.59% 0.61% 0.58% 3 months 1.50% 1.60% 1.64% 1.56% 6 months 2.68% 2.88% 2.96% 2.91% 1 year 4.40% 4.82% 4.97% 4.71% 3 years 5.79% 6.21% 6.33% 6.12% Since inception* 6.23% 6.65% 6.79% 6.44% * Note: As per the SEBI standards for performance reporting, the "Since inception" return is calculated on NAV of Rs. 10/- invested at inception. For this purpose the inception date is deemed to be the date of allotment, i.e. 27-Nov- 2006. NAV of Growth Option is used. FCF - Retail Plan, FCF - Institutional Plan and FCF - Super Institutional Plan NAVs as on 30 November, 2010 were Rs. 12.7431, 12.9475 and 13.0140 respectively. Crisil Liquid Fund Index as on 30 November 2010 was 1614.97. Returns for less than 1 year period are absolute and those for greater than or equal to 1 year period are compounded annualised. Source: CRISIL Liquid Fund Index data - AMFI. Fidelity Cash Fund is benchmarked to CRISIL Liquid Fund Index. PORTFOLIO STATEMENT Name of the Instrument Rating Market Value % to MONEY MARKET INSTRUMENTS Commercial Paper/Certificate of Deposit ** Allahabad Bank P1+ 4,985.13 10.70% Punjab National Bank A1+ 4,972.17 10.68% Export Import Bank of India P1+ 3,815.42 8.19% State Bank of Mysore A1+ 2,495.66 5.36% Union Bank of India P1+ 2,492.81 5.35% Indian Bank F1+(ind) 2,483.06 5.33% IDBI Bank Limited P1+ 2,465.91 5.29% Central Bank of India PR1+ 2,465.89 5.29% Kotak Mahindra Prime Limited P1+ 1,989.94 4.27% State Bank of Travancore P1+ 1,476.67 3.17% ING Vysya Bank Limited P1+ 1,472.50 3.16% Andhra Bank PR1+ 996.12 2.14% Kotak Mahindra Bank Limited P1+ 730.30 1.57% Total 32,841.58 70.50% Others CBLO / Reverse Repo 13,567.71 29.12% Net Receivables / (Payables) 185.88 0.38% Net Assets 46,595.17 100.00% ** indicates thinly traded/non traded securities as defined in SEBI Regulations and Guidelines. The annualised total expense ratios for the Retail, Institutional and Super Institutional plans are 0.79%, 0.39% and 0.24% respectively. RATING PROFILE A1+/P1+/PR1+/F1+(ind), 70.50 Cash/Reverse Repo/Net Receivable, 29.50 Average Maturity Modified Duration Portfolio Yield 0.06 years 0.06 6.77% Dividend History (Past 3 months) Fidelity Cash Fund - Retail Plan - Monthly Dividend 27-Sep-2010 0.03744 0.03744 28-Sep-2010 10.00500 Fidelity Cash Fund - Retail Plan - Monthly Dividend 25-Oct-2010 0.03650 0.03650 26-Oct-2010 10.00510 Fidelity Cash Fund - Retail Plan - Monthly Dividend 25-Nov-2010 0.04308 0.04308 26-Nov-2010 10.00470 Note: Currently there are no investors in Monthly Dividend option under Fidelity Cash Fund - Institutional Plan and Fidelity Cash Fund - Super Institutional Plan. Hence no dividend was declared.
An open-ended debt scheme Mahesh A. Chhabria (Assistant Fund Manager since September 2009) -Total work experience of 10 years FIDELITY ULTRA SHORT TERM DEBT FUND - RETAIL PLAN Vs CRISIL LIQUID FUND INDEX Period Fidelity Fidelity Fidelity CRISIL CRISIL Ultra Ultra Ultra Short Liquid Liquid Short Term Short Term Term Debt Fund Fund Debt Fund - Debt Fund - Fund - Super Index Index** Retail Plan Institutional Institutional Plan** Plan 6 Months 2.70% 2.91% 2.98% 2.91% 2.91% 1 year 4.80% 5.23% 5.38% 4.71% 4.71% 3 Years 6.24% NA 6.81% 6.12% NA Since inception* 6.32% 6.54% 6.89% 6.13% 6.09% * Note: As per the SEBI standards for performance reporting, the "Since inception" return is calculated on NAV of Rs. 10/- invested at inception. For this purpose the inception date is deemed to be the date of allotment, i.e. 20-Sep- 2007. ** For Institutional Plan, the allotment date is 18-Feb-2008. NAV of Growth Option is used. FUSTDF - Retail Plan, FUSTDF - Institutional Plan and FUSTDF - Super Institutional Plan NAVs as on 30 November, 2010 were Rs. 12.1649, 11.9294 and 12.3729 respectively. Crisil Liquid Fund Index as on 30 November, 2010 was 1614.97. Returns for less than 1 year period are absolute and those for greater than or equal to 1 year period are compounded annualised. Source: CRISIL Liquid Fund Index data - AMFI. Fidelity Ultra Short Term Debt Fund is benchmarked to CRISIL Liquid Fund Index. PORTFOLIO STATEMENT Name of the Instrument Rating Market Value % to MONEY MARKET INSTRUMENTS Commercial Paper/Certificate of Deposit ** Reliance Capital Limited A1+ 5,331.44 6.76% Corporation Bank P1+ 4,994.51 6.33% IndusInd Bank Limited P1+ 4,938.47 6.26% Religare Finvest Limited A1+ 3,987.80 5.06% Muthoot Finance Limited P1+ 3,962.60 5.03% ING Vysya Bank Limited P1+ 3,430.35 4.36% Canara Bank P1+ 2,499.03 3.17% Berger Paints India Limited P1+ 2,497.38 3.17% SREI Equipment Finance Private Limited PR1+ 2,493.87 3.16% Central Bank of India PR1+ 2,493.61 3.16% Allahabad Bank P1+ 2,466.54 3.13% Yes Bank Limited A1+ 2,465.62 3.13% Karur Vysya Bank Limited P1+ 2,463.05 3.12% SREI Infrastructure Finance Limited A1+ 2,461.68 3.12% HCL Infosystems Limited A1+ 2,450.44 3.11% Mahindra and Mahindra Financial Services Limited P1+ 2,449.84 3.11% Punjab National Bank A1+ 2,267.29 2.88% Andhra Bank PR1+ 1,494.18 1.90% Kotak Mahindra Prime Limited P1+ 1,492.45 1.89% Manappuram General Finance and Leasing Limited P1+ 1,397.84 1.77% State Bank of Travancore P1+ 984.44 1.25% Export Import Bank of India P1+ 5.00 0.01% Total 59,027.43 74.88% Others CBLO/Reverse Repo 19,896.63 25.23% Net Receivables/(Payables) -78.16-0.11% Net Assets 78,845.90 100.00% ** indicates thinly traded/non traded securities as defined in SEBI Regulations and Guidelines. The annualised total expense ratios for the Retail, Institutional and Super Institutional plans are 0.90%, 0.50% and 0.35% respectively. RATING PROFILE A1+/P1+/PR1+, 74.88 Cash/Reverse Repo/Net Receivable, 25.12 Average Maturity 0.09 years Modified Duration 0.09 Portfolio Yield 7.18% Dividend History (Past 3 months) Fidelity Ultra Short Term Debt Fund - Retail Plan - Monthly Dividend 27-Sep-2010 0.04172 0.03888 28-Sep-2010 10.00180 Fidelity Ultra Short Term Debt Fund - Retail Plan - Monthly Dividend 25-Oct-2010 0.04116 0.03836 26-Oct-2010 10.00190 Fidelity Ultra Short Term Debt Fund - Retail Plan - Monthly Dividend 25-Nov-2010 0.04893 0.04560 26-Nov-2010 10.00190! Note: Currently there are no investors in Monthly Dividend option under Fidelity Ultra Short Term Debt Fund - Institutional Plan and Fidelity Ultra Short Term Debt Fund - Super Institutional Plan. Hence no dividend was declared.
An open-ended income scheme Vikram Chopra (Assistant Fund Manager since September 2009) -Total work experience of 8 years FIDELITY FLEXI BOND FUND - RETAIL PLAN VS CRISIL COMPOSITE BOND FUND INDEX Period FFBF - FFBF - CRISIL CRISIL Retail Institutional Composite Composite Plan - Plan - Bond Fund Bond Fund Growth Growth** Index Index** 6 months 0.56% Na 1.92% NA 1 year 1.79% Na 4.52% NA 3 years 5.33% Na 6.01% NA Since inception* 5.77% 0.31% 5.40% 0.73% * Note: As per the SEBI standards for performance reporting, the "Since inception" return is calculated on NAV of Rs. 10/- invested at inception. For this purpose the inception date for the FFBF Retail Plan is deemed to be the date of allotment, i.e. 30-Aug-2006. **The inception date for the FFBF IP Plan is deemed to be 27th September 2010. Returns for less than one year period are absolute and those for greater than or equal to one year period are compounded annualised. NAV of Growth Option is used. FFBF - Retail Plan NAV as on 30 November 2010 was Rs. 12.6933. FFBF - Growth option of - Institutional Plan NAV as on 30 November, 2010 was Rs. 10.0307. Crisil Composite Bond Fund Index as on 30 November 2010 was 1638.39. Source: CRISIL Composite Bond Fund Index data - AMFI. Fidelity Flexi Bond Fund is benchmarked to CRISIL Composite Bond Fund Index. PORTFOLIO STATEMENT Name of the Instrument Rating Market Value % to DEBT INSTRUMENTS Listed/Awaiting Listing on the Exchange Non Convertible Debentures Kotak Mahindra Prime Limited ** LAA 985.41 15.85% Shriram Transport Finance Company Limited ** CARE AA+ 511.35 8.23% Total 1,496.76 24.08% GOVERNMENT BONDS 8.13% GOVT 2022 Sovereign 2,057.18 33.10% 7.99% GOVT 2017 Sovereign 999.00 16.07% 8.08% GOVT 2022 Sovereign 499.15 8.03% Total 3,555.33 57.20% MONEY MARKET INSTRUMENTS Commercial Paper/Certificate of Deposit ** Kotak Mahindra Bank Limited P1+ 218.35 3.51% Yes Bank Limited A1+ 100.16 1.61% Kotak Mahindra Prime Limited P1+ 9.51 0.15% Total 328.02 5.27% Others CBLO/Reverse Repo 79.99 1.29% Net Receivables/(Payables) 755.81 12.16% Net Assets 6,215.91 100.00% ** indicates thinly traded/non traded securities as defined in SEBI Regulations and Guidelines. TheannualisedtotalexpenseratiosfortheRetailPlanis1.74andfortheInstitutionalPlan is1.25%. RATING PROFILE Sovereign, 57.20 Cash/Reverse Repo/Net Receivable, 13.45 A1+/P1+, 5.27 CARE AA+, 8.23 LAA, 15.85 Average Maturity 6.36 years Modified Duration 4.13 Portfolio Yield 7.38% Dividend History (Past 3 months) Fidelity Flexi Bond Fund - Retail Plan - Dividend 25-May-2010 0.04234 0.03946 26-May-2010 10.10780 Fidelity Flexi Bond Fund - Retail Plan - Dividend 27-Sep-2010 0.00993 0.00925 28-Sep-2010 10.12830 Fidelity Flexi Bond Fund - Retail Plan - Dividend 25-Nov-2010 0.02512 0.02341 26-Nov-2010 10.13430 Note: Currently there are no investors in Monthly Dividend option under Fidelity Flexi Bond Fund - Institutional Plan. Hence no dividend was declared.
An open-ended Gilt scheme Vikram Chopra (Assistant Fund Manager since September 2009) -Total work experience of 8 years FIDELITY FLEXI GILT FUND Vs I - SEC COMPOSITE GILT INDEX PORTFOLIO STATEMENT Name of the Instrument Rating Market Value % to DEBT INSTRUMENTS GOVERNMENT BONDS 8.13% GOVT 2022 Sovereign 2,960.33 57.86% 7.99% GOVT 2017 Sovereign 999.00 19.53% 8.08% GOVT 2022 Sovereign 998.30 19.51% Total 4,957.63 96.90% Net Receivables/(Payables) 158.42 3.10% Net Assets 5,116.05 100.00% The annualised total expense ratio for the scheme is 1.10% Period Fidelity I-Sec Composite Flexi Gilt Fund - Gilt Index Growth 6 months 0.28% 1.53% 1 year 0.35% 4.71% Since inception* 7.22% 10.23% * Note: As per the SEBI standards for performance reporting, the "Since inception" return is calculated on NAV of Rs. 10/- invested at inception. For this purpose the inception date is deemed to be the date of allotment, i.e. 07-Aug- 2008. Returns for less than one year period are absolute and those for greater than or equal to one year period are compounded annualised. NAV of Growth Option is used. FFGF NAV as on 30 November, 2010 was Rs. 11.7504. I-Sec Composite Gilt Index as on 30 November, 2010 was 5019.70. Source: I-Sec Composite Gilt Index data - AMFI. Fidelity Flexi Gilt Fund is benchmarked to I-Sec Composite Gilt Index. RATING PROFILE Sovereign, 96.90 Cash/Reverse Repo/Net Receivable, 3.10 Average Maturity 10.55 years Modified Duration 6.66 Portfolio Yield 7.82% Dividend History (Past 3 quarters) Fidelity Flexi Gilt Fund - Dividend 25-Mar-2009 0.61316 0.57068 26-Mar-2009 10.03150 Fidelity Flexi Gilt Fund - Dividend 25-Sep-2009 0.10511 0.09783 29-Sep-2009 10.12420 Fidelity Flexi Gilt Fund - Dividend 28-Jun-2010 0.08784 0.08187 29-Jun-2010 10.12100
An open-ended fund of funds scheme comprising three plans Vikram Chopra (Assistant Fund Manager since September 2009) -Total work experience of 8 years FIDELITY WEALTH BUILDER FUND - PLAN A Vs BENCHMARK FIDELITY WEALTH BUILDER FUND - PLAN A Holdings Mutual Fund Units Market Value % to Fidelity Flexi Gilt Fund - Growth Option 1,680.84 42.12% Fidelity Flexi Bond Fund - Institutional Plan - Growth Option 1,270.67 31.84% Fidelity Equity Fund - Growth Option 609.59 15.28% Fidelity Cash Fund - Super Institutional Plan - Growth Option 388.53 9.74% Net Current Assets/(Liabilities) 41.09 1.02% Net Assets 3,990.72 100.00% The annualised total expense ratio of the scheme is 0.50% FIDELITY WEALTH BUILDER FUND - PLAN B Holdings Mutual Fund Units Market Value % to ** Benchmark for FWBF - Plan A is a customised benchmark created by assigning 15% weight to BSE 200 & 85% weight to Crisil Composite Bond Fund Index. FIDELITY WEALTH BUILDER FUND - PLAN B Vs BENCHMARK Fidelity Flexi Bond Fund - Institutional Plan - Growth Option 1,798.54 39.90% Fidelity Equity Fund - Growth Option 1,358.43 30.14% Fidelity Flexi Gilt Fund - Growth Option 902.36 20.02% Fidelity Cash Fund - Super Institutional Plan - Growth Option 438.80 9.74% Net Current Assets/(Liabilities) 8.98 0.20% Net Assets 4,507.11 100.00% The annualised total expense ratio of the scheme is 0.50% FIDELITY WEALTH BUILDER FUND - PLAN C Holdings Mutual Fund Units Market Value % to Fidelity Equity Fund - Growth Option 2,310.64 44.74% Fidelity Flexi Bond Fund - Institutional Plan - Growth Option 1,253.22 24.27% Fidelity Flexi Gilt Fund - Growth Option 751.25 14.55% Fidelity Cash Fund - Institutional Plan - Growth Option 509.80 9.87% Fidelity India Growth Fund - Growth Option 253.42 4.91% Net Current Assets/(Liabilities) 86.41 1.66% Net Assets 5,164.74 100.00% The annualised total expense ratio of the scheme is 0.50% ** Benchmark for FWBF - Plan B is a customised benchmark created by assigning 30% weight to BSE 200 & 70% weight to Crisil Composite Bond Fund Index. FIDELITY WEALTH BUILDER FUND - PLAN C Vs BENCHMARK ** Benchmark for FWBF - Plan C is a customised benchmark created by assigning 50% weight to BSE 200 & 50% weight to Crisil Composite Bond Fund Index. Period FWBF - Plan A - Growth Benchmark** 6 Months 1 year Since inception* Period FWBF - Plan B - Growth Benchmark** 6 Months 1 year Since inception* Period FWBF - Plan C - Growth Benchmark** 6 Months 1 year Since inception* 2.83% 3.70% 4.14% 6.39% 9.07% 12.52% 4.97% 5.49% 7.25% 8.24% 16.35% 20.49% 8.01% 7.89% 11.68% 10.66% 26.53% 31.71% * Note: As per the SEBI standards for performance reporting, the "Since inception" return is calculated on NAV of Rs. 10/- invested at inception. For this purpose the inception date is deemed to be the date of allotment, i.e. 24-Feb-2009. NAV of Growth Option is used. FWBF- Plan A, FWBF - Plan B and FWBF - Plan C NAVs as on 30 November, 2010 were Rs. 11.6457, 13.8934 and 15.1458 respectively. ** Benchmark for FWBF- Plan A is a customised benchmark created by assigning 15% weight to BSE 200 & 85% weight for Crisil Composite Bond Fund Index, Benchmark for FWBF- Plan B is a customised benchmark created by assigning 30% weight to BSE 200 & 70% weight for Crisil Composite Bond Fund Index, Benchmark for FWBF- Plan C is a customised benchmark created by assigning 50% weight to BSE 200 & 50% weight for Crisil Composite Bond Fund Index. Source: Benchmark data: MFI, AMFI, Fidelity.
Dividend History (Past 3 quarters) Fidelity Wealth Builder Fund - Plan A - Dividend 25-Mar-2010 0.06570 0.06114 26-Mar-2010 10.32670 Fidelity Wealth Builder Fund - Plan A - Dividend 28-Jun-2010 0.08784 0.08187 29-Jun-2010 10.34940 Fidelity Wealth Builder Fund - Plan A - Dividend 28-Sep-2010 0.08784 0.08187 29-Sep-2010 10.47590 Fidelity Wealth Builder Fund - Plan B - Dividend 25-Mar-2010 0.10949 0.10191 26-Mar-2010 10.87090 Fidelity Wealth Builder Fund - Plan B - Dividend 28-Jun-2010 0.13176 0.12280 29-Jun-2010 10.93080 Fidelity Wealth Builder Fund - Plan B - Dividend 28-Sep-2010 0.13176 0.12280 29-Sep-2010 11.20430 Fidelity Wealth Builder Fund - Plan C - Dividend 25-Mar-2010 0.21899 0.20382 26-Mar-2010 11.54000 Fidelity Wealth Builder Fund - Plan C - Dividend 28-Jun-2010 0.21961 0.20467 29-Jun-2010 11.62800 Fidelity Wealth Builder Fund - Plan C - Dividend 28-Sep-2010 0.21961 0.20467 29-Sep-2010 12.12220
LOAD STRUCTURE: For Fidelity Cash Fund: Exit - Nil. Fidelity Wealth Builder Fund ( FWBF ): Exit: For redemption within 1 year from the date of allotment or purchase, applying first in first out basis - 1.00%. For Fidelity Ultra Short Term Debt Fund ( FUSTDF ): Exit - For redemption within 5 calendar days from the date of allotment or purchase applying first in first out basis: 0.10%. For Fidelity Flexi Bond Fund ( FFBF ): Exit - For redemption within 6 months from the date of allotment or purchase applying first in first out basis: 0.50%. For Fidelity Flexi Gilt Fund ( FFGF ): Exit - Nil. For loads on SIP/STP/SWP and switched please refer respective scheme information documents. No Exit Load will be chargeable in case of switches made between FFBF and FFGF. FIDELITY INVESTOR SERVICE CENTRES Ahmedabad Gurgaon Pune 301, Raindrops Building, Ground Floor, Tower - D, Unit No. 406, 4th Floor, Opp. Cargo Motors, Unitech World Cyber Park, Nucleus Mall, C. G. Road, Ellis Bridge, Sector - 39, 1, Church Road, Camp, Ahmedabad 380006. Gurgaon 122001. Pune 411001. Bangalore Kolkata Secunderabad #205-207, 2nd Floor, 408, 4th Floor, No 1-8-304-307, 3rd Floor, Phoenix Towers, Azimganj House, Kamala Towers, 16 & 16/1, Museum Road, 7, Camac Street, Pattigadda Street No 1, Bangalore 560025. Kolkata 700017. (above Mody Ford showroom), Begumpet, Chennai Mumbai Secunderabad 500003. Ground Floor, Ramaniyam Siddharth, 6th Floor, No.45, North Phase, Mafatlal Centre, Contact us on Toll free number Thiruvika Industrial Estate, Nariman Point, 1800 2000 400 or Ekkattuthangal, Guindy, Mumbai 400021. 91 124 3915655 Chennai 600097. between 9 am - 6 pm (Monday - Friday) Mutual fund investments are subject to market risks. Read the statement of additional information and scheme information document carefully before investing. CI01855