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

Details as on April 30, 2022

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 :	₹ 439.94 Cr
Month End :	₹ 560.30 Cr

NAV & Load Structure

NAV as on April 29, 2022

Growth Plan	₹ 9.9077
IDCW Plan	₹ 9.9077
Direct - Growth Plan	₹ 9.9090
Direct - IDCW Plan	₹ 9.9090

Load structure

Entry Load:	Nil
Exit Load:	Nil

Ratios

Average Maturity

4.54 Years

Modified Duration

3.68 Years

Macaulay Duration

3.87 Years

Total Expense Ratio^

Regular/Other than Direct	0.30%
Direct	0.15%

Portfolio as on April 30, 2022

Company/Issuer	Rating	% of Assets
Corporate Bond		55.84
Power Finance Corporation Limited	CRISIL AAA	12.93
Indian Railway Finance Corporation Limited	CRISIL AAA	10.27
NHPC Limited	ICRA AAA	7.91
Power Grid Corporation of India Limited	ICRA AAA/CRISIL AAA	6.45
Export Import Bank of India	CRISIL AAA	5.56
Indian Oil Corporation Limited	CRISIL AAA	5.23
REC Limited	CRISIL AAA	4.67
NTPC Limited	CRISIL AAA	2.83
Government Bond		0.90
Government of India	SOV	0.90
State Government Bond		39.95
State Government Securities	SOV	39.95
Cash & Other Receivables		3.31
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.