Nippon India Nifty AAA CPSE Bond Plus SDL - Apr 2027 Maturity 60:40 Index Fund

Details as on January 31, 2023

Fund Details

Index Fund

Type of Scheme

An open-ended Target Maturity Index Fund investing in constituents of Nifty AAA CPSE Bond Plus SDL Apr 2027 60:40 Index. A Relatively High interest rate risk and Relatively Low Credit Risk

Current Investment Philosophy

• The Scheme employs a passive investment approach designed to track the performance of Nifty AAA CPSE Bond Plus SDL Apr 2027 60:40 Index.
• The Scheme seeks to achieve this goal by investing in AAA CPSE bonds & State Development Loans (SDLs) representing Nifty AAA CPSE Bond Plus SDL Apr 2027 60:40 Index.

Date of Allotment

March 29, 2022

Fund Manager

Vivek Sharma
Siddharth Deb

Benchmark

Nifty AAA CPSE Bond Plus SDL Apr 2027 60:40 Index

Assets Under Management (AUM)

Fund Size

Monthly Average :	₹ 1,629.14 Cr
Month End :	₹ 1,695.37 Cr

NAV & Load Structure

NAV as on January 31, 2023

Growth Plan	₹ 10.1672
IDCW Plan	₹ 10.1672
Direct - Growth Plan	₹ 10.1841
Direct - IDCW Plan	₹ 10.1841

Load structure

Entry Load:	Nil
Exit Load:	Nil

Ratios

Tracking Error^@

Regular Plan
1.11%

Direct Plan
1.11%

Average Maturity

3.77 Years

Modified Duration

3.11 Years

Annualized portfolio YTM*

7.51%

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

Standard portfolio YTM

7.46%

Macaulay Duration

3.29 Years

Total Expense Ratio^

Regular/Other than Direct	0.37%
Direct	0.15%

Portfolio as on January 31, 2023

Company/Issuer	Rating	% of Assets
Corporate Bond		58.48
Power Finance Corporation Limited	CRISIL AAA	12.30
Indian Railway Finance Corporation Limited	CRISIL AAA	11.31
REC Limited	CRISIL AAA	8.50
Power Grid Corporation of India Limited	ICRA AAA/CRISIL AAA	7.36
Export Import Bank of India	CRISIL AAA	5.32
NHPC Limited	CARE AAA/ICRA AAA	4.89
Nuclear Power Corporation Of India Limited	CRISIL AAA	3.66
NTPC Limited	CRISIL AAA	3.45
Indian Oil Corporation Limited	CRISIL AAA	1.69
State Government Bond		38.13
State Government Securities	SOV	38.13
Treasury Bill		0.22
Government of India	SOV	0.22
Cash & Other Receivables		3.17
Grand Total		100.00

*Top 10 Holdings

Rating Profile

Asset Allocation

PRC Matrix

Product Label

This product is suitable for investors who are seeking*:
• Income over long term
• Investments in CPSE Bonds & State Development Loans (SDLs) similar to the composition of Nifty AAA CPSE Bond Plus SDL Apr 2027 60:40 Index, subject to tracking errors

Fund Riskometer

Nippon India Nifty AAA CPSE Bond Plus SDL - Apr 2027 Maturity 60:40 Index Fund

Benchmark Riskometer

Nifty AAA CPSE Bond Plus SDL Apr 2027 60:40 Index

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.