TABLE-Reuters poll on Indian fund managers' asset allocation

Oct 3 (Reuters) - The following table is a summary
of the responses to an asset allocation poll of 1 1
I ndian mutual fund firms, conducted between September 21
and October 1.
For a story on the poll, double click on

1) Indian stock valuations at current levels:
Overvalued 1
Fairly valued 8
Undervalued 2
2) Expectations for India's benchmark BSE index
in the next three months:
Rise 10% or more 1
Rise 5 to 10% 7
Rise 0 to 5% 3
Decline 0

3) Expected allocation between equity and cash over
the next three months:
Increase Neutral Decrease
Equity 7 4 0
Cash 0 7 4

4) Expected allocation based on market
capitalisation over the next three months:
Increase Neutral Decrease
Large-cap 3 4 4
Mid-cap 9 2 0
Small-cap 5 6 0

5) Expected sector allocation over the next three
months:
Increase Neutral Decrease
Auto/Auto Ancillaries 4 6 1
Basic/Engineering 10 1 0
Chemicals 1 10 0
Construction 8 3 0
Consumer Durable 2 6 3
Consumer Non-Durable 1 3 7
Diversified 2 8 1
Energy 5 5 1
Financial Services 7 3 1
Healthcare 0 6 5
Metal & Metal Products 2 8 1
Services 3 7 1
Technology 3 4 4
Textiles 2 8 1
Real Estate/Infra 7 4 0

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for stories from www.HedgeWorld.com

(Polling by Himank Sharma and Aditya Kalra; Editing by
Eric Meijer)