An open ended debt scheme predominantly investing in AA and below rated corporate bonds (excluding AA+ rated corporate bonds). Relatively High interest rate risk and Relatively High Credit Risk.

The Fund focuses on maximizing accrual with increased allocation to AA- and below segment, while maintaining duration of 1.5 - 2.5 years. Core mandate is to generate returns through accrual, hence low duration profile. Emphasis is on credit risk diversification.

June 08, 2005

Sushil Budhia

NIFTY Credit Risk Bond Index C-III

Fund Size	Main Portfolio	Segregated Portfolio 2
Monthly Average :	₹ 1,013.63 Cr	0.00 Cr.
Month End :	₹ 996.38 Cr	0.00 Cr.

	Main Portfolio	Segregated Portfolio 2
Growth Plan	₹ 28.6787	₹ 0.0000
IDCW Plan	₹ 15.7324	₹ 0.0000
Quarterly IDCW Plan	₹ 12.7277	₹ 0.0000
Direct - Growth Plan	₹ 30.9897	₹ 0.0000
Direct - IDCW Plan	₹ 16.7786	₹ 0.0000
Direct - Quarterly IDCW Plan	₹ 13.2800	₹ 0.0000
Institutional - Growth Plan	₹ 29.8958	₹ 0.0000

Entry Load:	Nil
Exit Load:	10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load. Redemption of units would be done on First in First out Basis (FIFO): • 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units. • Nil, if redeemed or switched out after completion of 12 months from the date of allotment of units. Not applicable for Segregated Portfolio
Segregated Portfolio 1 Vodafone Idea Limited was segregated from the scheme"s portfolio due to some adverse developments and rating downgrade by CARE to BB- on Feb 17, 2020. An amount of 4.30% of total exposure realized on Sep 16, 2020. The annual coupon amounting Rs 6.98 cr received on Jan 27, 2021. Further entire due amount of Rs 93.78 Cr (Face Value + Accrued Interest) was received on January 27, 2022, subsequently all the units in this segregated portfolio were redeemed and the portfolio was closed, and the investors were duly paid in proportion to their holding. Segregated Portfolio 2 Yes Bank Limited has been segregated from the scheme’s portfolio due to rating downgrade by ICRA to “D” on March 6, 2020.

Average Maturity

2.14 years

Modified Duration

1.81 years

Annualized portfolio YTM*

8.51%

*In case of semi annual YTM, it has been annualised

Macaulay Duration

1.89 Years

	Main	Segregated Portfolio 2
Regular/Other than Direct	1.61%	-
Direct	1.00%	-

Past performance may or may not be sustained in future. Pursuant to IDCW payment, NAV falls to the extent of payout & statutory levy (if applicable). Face Value-₹ 10.