Nippon India Liquid Fund

Portfolio as on March 31, 2020

Liquid Fund
Company/Issuer Rating % of Assets Company/Issuer Rating % of Assets
Details as on March 31, 2020 CORPORATE BOND REPO 1.32 Network18 Media & Investments Limited CARE A1+ 0.80
Reliance Industries Limited 1.32 ICICI Home Finance Company Limited ICRA A1+ 0.69
Type of Scheme Certificate of Deposit 29.22 L&T Finance Limited CARE A1+ 0.69
Bank of Baroda FITCH A1+/ICRA A1+ 6.49 Tata Capital Housing Finance Limited CRISIL A1+ 0.68
An open ended Liquid Scheme Axis Bank Limited CRISIL A1+ 6.39 Tata Capital Financial Services Limited ICRA A1+ 0.46
IndusInd Bank Limited CRISIL A1+/ICRA A1+ 4.22 Alembic Pharmaceuticals Limited CRISIL A1+ 0.46
Current Investment Philosophy ICICI Bank Limited ICRA A1+ 3.64 Dalmia Cement (Bharat) Limited ICRA A1+ 0.45
IDFC First Bank Limited ICRA A1+/CRISIL A1+ 3.19 Sterlite Technologies Limited ICRA A1+ 0.45
The fund will focus on reasonable carry with a view to Syndicate Bank FITCH A1+ 2.51 Sundaram Home Finance Limited CRISIL A1+ 0.44
maximize returns while ensuring adequate liquidity Andhra Bank CARE A1+ 2.13 Hero Cycles Limited CRISIL A1+ 0.11
through investments in various money market and debt Small Industries Dev Bank of India CRISIL A1+/CARE A1+ 0.41 Corporate Bond 2.03
instruments with maturity up to 91 days. The endeavor National Bank For Agriculture and Rural Housing Development Finance Corporation
FITCH A1+ 0.23 CRISIL AAA 1.09
will be to maintain average maturity of the portfolio in Development Limited
Commercial Paper 52.13 India Infradebt Limited CRISIL AAA 0.48
the range of 40 - 70 days under normal market
Reliance Industries Limited CRISIL A1+/CARE A1+ 5.47 Power Finance Corporation Limited CRISIL AAA 0.46
conditions. Reliance Jio Infocomm Limited CRISIL A1+/CARE A1+ 4.99 Government Bond 7.27
NTPC Limited CRISIL A1+ 3.86 Government of India SOV 7.27
Date of Allotment National Bank For Agriculture and Rural Cash Management Bill 8.20
ICRA A1+/CRISIL A1+ 3.43
Development Government of India SOV 8.20
December 9, 2003
Vedanta Limited CRISIL A1+ 3.16 Zero Coupon Bond 0.51
Indian Oil Corporation Limited ICRA A1+ 2.74 LIC Housing Finance Limited CARE AAA 0.51
Fund Manager
Tata Steel Limited ICRA A1+ 2.28 Cash & Other Receivables -0.69
Anju Chhajer National Housing Bank CRISIL A1+ 2.27 Grand Total 100.00
JSW Steel Limited CARE A1+ 2.26
Benchmark Bahadur Chand Investments Pvt Limited (B
ICRA A1+ 2.05
M Munjal Group)
Crisil Liquid Fund Index
Bharat Heavy Electricals Limited CARE A1+ 1.83
Bharat Petroleum Corporation Limited CRISIL A1+ 1.59
Fund Size TV18 Broadcast Limited CARE A1+ 1.47
Monthly Average: ` 23,336.26 Cr Housing Development Finance Corporation
CRISIL A1+ 1.37
Month End: ` 21,753.56 Cr Limited
UltraTech Cement Limited ICRA A1+ 1.37
NAV as on March 31, 2020 Manappuram Finance Limited CRISIL A1+ 1.37
Hindustan Petroleum Corporation Limited CRISIL A1+ 1.15
Growth Plan ` 4,822.5085 NLC India Limited CARE A1+ 1.14
Daily Dividend Plan ` 1,528.7400 ICICI Securities Limited CRISIL A1+ 1.14
Rashtriya Chemicals and Fertilizers
Weekly Dividend Plan ` 1,531.8484 ICRA A1+ 1.08
Limited
Monthly Dividend Plan ` 1,592.4817 Export Import Bank of India CRISIL A1+ 0.89
Quarterly Dividend Plan ` 1,005.9791
Direct - Growth Plan ` 4,850.6885
Direct - Daily Dividend Plan ` 1,528.7400
Direct - Weekly Dividend Plan ` 1,531.8802 For scheme performance refer page 63-70. For Fund manager wise scheme performance refer page 71-74.
Direct - Monthly Dividend Plan ` 1,595.8547
Rating Profile Asset Allocation
Direct - Quarterly Dividend Plan ` 1,008.1568
Retail - Growth Plan ` 4,408.8358 Commercial Paper, 52.13%
AAA/SOV/A1+/Cash & Other Cash & Other Receivables,
Retail - Daily Dividend Plan ` 1,524.2800 Receivables, 98.68% -0.69%
Zero Coupon Bond, 0.51%
Retail - Weekly Dividend Plan ` 1,035.1256 Unrated, 1.32% Corporate Bond Repo, 1.32%
Corporate Bond, 2.03%
Retail - Monthly Dividend Plan ` 1,333.5534 Government Bond, 7.27%
Retail - Quarterly Dividend Plan ` 1,218.4343
Treasury Bill, 8.2%

Average Maturity 56 Days

Modified Duration 52 Days
Certificate of Deposit, 29.22%
Yield to Maturity* 5.08%

Total Expense Ratio^

Regular/Other than Direct: 0.27 Dividend History
Direct: 0.08 Record Date Rate (`/ Unit) Cum Dividend NAV Ex-Dividend NAV Record Date Rate (`/ Unit) Cum Dividend NAV Ex-Dividend NAV
Monthly Dividend Plan Quarterly Dividend Plan
Load structure 26-Mar-20 1.0123 1587.0901 1585.6848 19-Mar-20 9.3803 1015.2844 1002.2621
25-Feb-20 4.7458 1591.2309 1584.6425 19-Dec-19 9.9097 1017.3553 1003.5980
Entry Load: Nil 27-Jan-20 4.9985 1591.6289 1584.6896 19-Sep-19 11.7904 1020.0494 1003.6812
Exit Load: Retail - Monthly Dividend Plan Retail - Quarterly Dividend Plan
26-Mar-20 0.3145 1328.4217 1327.9851 19-Mar-20 9.8679 1227.9023 1214.2030
Investor exit upon Exit Load as % of redemption 25-Feb-20 3.4577 1331.9129 1327.1127 19-Dec-19 10.5034 1230.4038 1215.8223
subscription / switchout amount (including 27-Jan-20 3.6159 1332.1726 1327.1527 19-Sep-19 12.7661 1233.6479 1215.9251
systematic transactions) Direct - Monthly Dividend Plan Direct - Quarterly Dividend Plan
26-Mar-20 1.1171 1590.5530 1589.0022 19-Mar-20 9.5459 1017.6232 1004.3710
Up to Day 1 0.0070% 25-Feb-20 4.8285 1594.6538 1587.9506 19-Dec-19 10.0713 1019.6821 1005.7005
Day 2 0.0065% 27-Jan-20 5.0898 1595.0638 1587.9978 19-Sep-19 11.9626 1022.3896 1005.7823
Day 3 0.0060%
Past performance may or may not be sustained in future. Pursuant to dividend payment, NAV falls to the extent of payout & statutory
Day 4 0.0055%
levy (if applicable). Face Value - `1000.
Day 5 0.0050%
Day 6 0.0045% Product Label
Day 7 Onwards 0.0000%
This product is suitable for investors who are seeking*:
w.e.f October 20, 2019

*excluding other receivables — Income over short term

YTM including other receivables: 5.61% — Investment in debt and money market instruments
Special Feature: Nippon India Any Time Money Card
Please refer page no. 82 for explanation on symbol: ^ and *Investors should consult their financial advisors if in doubt about whether the Investors understand that their principal
@ wherever available product is suitable for them. will be at Low risk

Fundamentals April 2020 25