Fw: Derivatives Info Kit

---   Derivatives Info Kit [For December 20, 2010] Sharekhan www.sharekhan.com  Summary of Contents   DERIVATIVES INFO KIT   Click here to read report: Derivatives Info Kit       Regards, The Sharekhan Research Team myaccount@sharekhan.com Manage your newsletter subscriptions

Fw: Sharekhan's top SIP fund picks

Mutual Gains [December 16, 2010]  Sharekhan www.sharekhan.com Summary of Contents MUTUAL GAINS Sharekhan's top SIP fund picks We have identified the best equity scheme for SIP investment based on three parameters: Minimum corpus as indicated by at least 10% of the average category-corpus, the past performance as indicated by one, three and five year returns and risk returns ratios namely Sharpe, Information and Sortino.  Sharpe indicates risk-adjusted returns, giving the returns earned in excess of the risk-free rate for each unit of the risk taken. The Sharpe ratio is also indicative of the consistency of the returns as it takes into account the volatility in the returns as measured by the standard deviation.  Information ratio is one of the most important tools in active fund management. It is the ratio of active return (the return over the index return) to active risk annualised. A higher Information ratio indicates better fund manger.  Sortino ratio is similar to Sharpe ratio, except it uses downside deviation. The upward volatility as measured by Sharpe ratio does not lead to losses. It is the downward volatility that leads to losses; hence the use of which doesn't discriminate between up and down volatility. So, higher the Sortino ratio, higher would be the effective return over a period of time. Click here to read report: Mutual Gains Regards, The Sharekhan Research Team myaccount@sharekhan.com

Fw: IIFL Express Idea: Dabur India - BUY

Dabur India – BUY CMP Rs102, Target Rs115, Upside 12.9%   After a long consolidation, Dabur India has broken out from a falling channel. This has brought to an end the short-term downtrend in the FMCG counter. The price has sustained above the falling channel and has formed a convex structure on the daily chart, indicating a steady accumulation in the counter. A move past Rs100 should provide a decent upside opportunity of 10-15% in the near term.    On the weekly chart, the RSI has given a positive crossover after a long time. This also provides better risk reward ratio from the current levels.     Please click here to view the attachment.       Warm Regards,     India Infoline Research Team