Category Fund Name Page No.
CategoryEQUITYLarge Cap FundLarge & Mid Cap FundThematic(following a factor-based model)Balanced Advantage FundIndexMid Cap FundFocused FundSmall Cap FundValue FundMulti Cap FundAggressive Hybrid FundEquity ge FundThematic (International)FIXED INCOMEOvernight FundLiquid FundMoney Market FundUltra Short Duration FundLow Duration FundCorporate Bond FundBanking & PSU FundFloater FundShort Duration FundLong Duration FundCredit Risk FundMedium Duration FundMedium to Long Duration FundDynamic Bond FundGiltConservative Hybrid FundETFETF - EquityETF - Fixed IncomeETF - GoldFund of Fund (FOF)FOF - DomesticFund NamePage No.Nippon India Large Cap Fund (Formerly Known as Reliance Large Cap Fund)Nippon India Vision Fund (Formerly Known as Reliance Vision Fund)Nippon India Quant Fund (Formerly Known as Reliance Quant Fund)Nippon India Balanced Advantage Fund (Formerly Known as Reliance Balanced Advantage Fund)Nippon India Index Fund - Nifty Plan (Formerly Known as Reliance Index Fund - Nifty Plan)Nippon India Index Fund - Sensex Plan (Formerly Known as Reliance Index Fund - Sensex Plan)Nippon India Growth Fund (Formerly Known as Reliance Growth Fund)Nippon India Focused Equity Fund (Formerly Known as Reliance Focused Equity Fund)Nippon India Small Cap Fund (Formerly Known as Reliance Small Cap Fund)Nippon India Value Fund (Formerly Known as Reliance Value Fund)Nippon India Multi Cap Fund (Formerly Known as Reliance Multi Cap Fund)Nippon India Equity Hybrid Fund (Formerly Known as Reliance Equity Hybrid Fund) / Segregated Portfolio 1Nippon India Equity Savings Fund (Formerly Known as Reliance Equity Savings Fund) / Segregated Portfolio 1Nippon India Banking Fund (Formerly Known as Reliance Banking Fund)Nippon India Power & Infra Fund (Formerly Known as Reliance Power & Infra Fund)Nippon India Consumption Fund (Formerly Known as Reliance Consumption Fund)Nippon India Pharma Fund (Formerly Known as Reliance Pharma Fund)Nippon India Tax Saver (ELSS) Fund (Formerly Known as Reliance Tax Saver (ELSS) Fund)Nippon India Arbitrage Fund (Formerly Known as Reliance Arbitrage Fund)Nippon India Japan Equity Fund (Formerly Known as Reliance Japan Equity Fund)Nippon India US Equity Opportunities Fund (Formerly Known as Reliance US Equity Opportunities Fund)5678910111213141516171818191920212223Nippon India Overnight Fund (Formerly Known as Reliance Overnight Fund)Nippon India Liquid Fund (Formerly Known as Reliance Liquid Fund)Nippon India Money Market Fund (Formerly Known as Reliance Money Market Fund)Nippon India Ultra Short Duration Fund (Formerly Known as Reliance Ultra Short Duration Fund) / Segregated Portfolio 1Nippon India Low Duration Fund (Formerly Known as Reliance Low Duration Fund)Nippon India Prime Debt Fund (Formerly Known as Reliance Prime Debt Fund)Nippon India Banking & PSU Debt Fund (Formerly Known as Reliance Banking & PSU Debt Fund)Nippon India Floating Rate Fund (Formerly Known as Reliance Floating Rate Fund)Nippon India Short Term Fund (Formerly Known as Reliance Short Term Fund)Nippon India Nivesh Lakshya Fund (Formerly Known as Reliance Nivesh Lakshya Fund)Nippon India Credit Risk Fund (Formerly Known as Reliance Credit Risk Fund)Nippon India Strategic Debt Fund (Formerly Known as Reliance Strategic Debt Fund)Nippon India Income Fund (Formerly Known as Reliance Income Fund)Nippon India Dynamic Bond Fund (Formerly Known as Reliance Dynamic Bond Fund)Nippon India Gilt Securities Fund (Formerly Known as Reliance Gilt Securities Fund)Nippon India Hybrid Bond Fund (Formerly Known as Reliance Hybrid Bond Fund)24252627282930313233343536373839Nippon India ETF Nifty BeES (Formerly Known as Reliance ETF Nifty BeES)Nippon India ETF Sensex (Formerly Known as Reliance ETF Sensex)Nippon India ETF NV20 (Formerly Known as Reliance ETF NV20)Nippon India ETF Junior BeES (Formerly Known as Reliance ETF Junior BeES)Nippon India ETF Nifty 100 (Formerly Known as Reliance ETF Nifty 100)Nippon India ETF Consumption (Formerly Known as Reliance ETF Consumption)Nippon India ETF Dividend Opportunities (Formerly Known as Reliance ETF Dividend Opportunities)Nippon India ETF Infra BeES (Formerly Known as Reliance ETF Infra BeES)Nippon India ETF Bank BeES (Formerly Known as Reliance ETF Bank BeES)Nippon India ETF PSU Bank BeES (Formerly Known as Reliance ETF PSU Bank BeES)Nippon India ETF Shariah BeES (Formerly Known as Reliance ETF Shariah BeES)Nippon India ETF Nifty Midcap 150 (Formerly Known as Reliance ETF Nifty Midcap 150)Nippon India ETF Hang Seng BeES (Formerly Known as Reliance ETF Hang Seng BeES)Nippon India ETF Sensex Next 50 (Formerly Known as Reliance ETF Sensex Next 50)CPSE ETFNippon India ETF Liquid BeES (Formerly Known as Reliance ETF Liquid BeES)Nippon India ETF Long Term Gilt (Formerly Known as Reliance ETF Long Term Gilt)Nippon India ETF Gold BeES (Formerly Known as Reliance ETF Gold BeES)404142434445464748495051525354555556Nippon India Gold Savings Fund (Formerly Known as Reliance Gold Savings Fund)Nippon India Junior BeES FOF (Formerly Known as Reliance Junior BeES FOF)5657RETIREMENTRetirement - EquityNippon India Retirement Fund - Wealth Creation Scheme (Formerly Known as Reliance Retirement Fund - Wealth Creation Scheme)58Retirement - Fixed IncomeNippon India Retirement Fund - Income Generation Scheme (Formerly Known as Reliance Retirement Fund - Income Generation Scheme)59SIP Returns of Select Schemes60Fund Management Team61Scheme Performance62Scheme Performance - Fund Manager Wise70Funds at a Glance74Disclaimers, Statutory Details & Risk Factors81How to Read Factsheet83Nippon Life Insurance Company (“NLI”), which is a mutual company incorporated and existing under the laws of Japan, has acquired 75% stake in Reliance Mutual Fund (RMF) and has now become the ‘sole sponsor’of RMF. As a result of this acquisition and in order to appropriately associate the name of the Mutual Fund with its current sponsor, the fund house is now named as Nippon India Mutual Fund. The names of all theexisting schemes has changed by substituting the word ‘Reliance’ prefixed before each scheme name with ‘Nippon India’. Investors are further, requested to refer addendum No. 76 dated September 27, 2019 andaddendum No. 78 dated October 1, 2019.
Fixed Income Update and OutlookMARKET UPDATENovember 2019 – The Steepness trade continues in absence of any major trigger & Surplus Liquidity environment.The month started on a flattish note as lack of any major market triggers saw range bound trading activity. The expectations of a fiscal slippage & higher inflation were alsocomplemented with an expectation of further slowdown in economic growth & Surplus liquidity environment, which saw shorter maturity bonds in demand throughout the monthwhile keeping longer maturity bonds out of flavor.Market went light going into the CPI print & numbers did surprise on the upside, but the correction in bond prices were seen as value buy as market prepared to build positionsfor the month end GDP data.The fear of Fiscal Slippage as well Surplus Liquidity saw market turned duration cautious and curve continued to steepen throughout the month.There was some news report of the government sticking to the fiscal deficit targets, but market was in no mood to believe the same in light of poor GST collections and slowpaced divestment program of the government. Despite of fall in crude oil prices & US Treasuries “UST” yields, Indian market continued to be trade cautious.The government tried to soothe market nerves as various Government sources indicated that the divestment plan was on target and might also be higher than the budgetednumber. This combined with additional revenue from small savings number gave market participants some clarity on meeting the fiscal deficit target for this fiscal year and henceevery sell – off was well bought into.The bond curve saw yield curve Steepened as the 5-year G-Secs closed the month at 6.19% vs. 6.22% (October) while 10-year G-Secs closed the month at 6.47% vs. 6.45%(October).AAA Corporate bonds yield especially the 1 - 3 yrs maturity saw sharp fall in yields during the month. Yields fell by 10 - 15 bps in the 1 – 3 yrs maturity while 10yrs maturitybonds saw yields fell 5 - 10 bps. The Surplus liquidity into the system as well as lower supply in corporate bonds has seen market participants chase yields but only in highyield space.With further slowdown in domestic growth & fall in Crude prices and USTs, expectations of further 15 - 25 bps rate cuts were very high in the market. However, after cuttingthe policy rate in every single meeting since Feb 2019, RBI, in current meeting, preferred to keep policy rate unchanged as against market consensus of rate cut. At the sametime, RBI maintain its accommodative stance – indicating pause might be transient depending on evolving macro-economic trends.In policy note and press-conference that followed, RBI clarified that status quo was meant to get clarity on the impact of previous 135 bps cut on growth, evolving inflationtrajectory (due food shocks and telecom service charge hike) and upcoming Union Budget and their impact on the growth.MARKET VIEWCurrent monetary policy was different from previous policies in the sense that inflation is back on radar along with growth. The RBIs commitment to revive growth comes fromits forward guidance wherein it clearly highlighted that, “Monetary Policy Committee (MPC) has decided to continue with an accommodative stance as long as it is necessaryto revive growth”. This gives a clear message that accommodative stance will continue till there is meaningful growth revival. Expectations of fiscal slippage & upwardrevision in inflation projections kept RBI on hold in the current policy. We expect RBI to remain on hold in Q4 FY20 and assign low probability of further rate actions (15 - 25bps) in Q1 FY21, based on the evolving growth trajectory and uncertainty around it. At the same time, we believe till the time the monetary policy stance remains accommodative,RBI will continue to provide more than adequate liquidity.The overall investors as well as traders positioning in markets is now very light. The underlying term premia (10yrs G-Sec yields – Repo Rate) in bond market has increased inthe last month despite anticipation of rate cuts. The supply of G-Secs/ State Development Loans (SDLs) & Corporate bonds is expected to be record high for FY20. While weexpect yields to rise on rising fiscal concerns, we recommend investors to consider staying invested in shorter maturity G-Secs and AAA PSUs/ Privates, while remainingcautious on longer maturity corporate bonds and G-Secs. We will focus on Short Duration Spread Play in terms of Core portfolio construct. We would run 3-5 yrsG-Sec rates & 2-3 yrs AAA corporate bond segment as our Core portfolio, while longer duration would be tactically added to the portfolio only through G-Secs.We also expect new 10yr bond yield to remain range bound from near term (3 months) perspective as market starts pricing in a pause in current fiscal & Durable LiquiditySupport in form of OMOs (Open Market Operations)/ FX Swap only to take care of any major demand - supply mismatches.Common Source: Bloomberg, RBI, Centre for Monitoring Indian Economy Pvt. Ltd., NIMF Internal ResearchThe views expressed herein constitute only the opinions and do not constitute any guidelines or recommendation on any course of action to be followed by the reader. This information is meant for generalreading purposes only and is not meant to serve as a professional guide for the readers.FundamentalsDecember 20193
Macro and Equity Market UpdatesGLOBAL MACRO & MARKETSGlobal market continued to rally in November on the back of improvement in global macro outlook. Year till date in 2019, MSCI World is up 21.7%. Central banks’ easing andprogress in US-China trade talks helped the sentiments. US also partly gave up its year till date gains in October. Dollar index gained 1%m/m. Within equities, the gain was ledby developed markets. However, emerging markets (EM) equities materially underperformed as MSCI EM index ended flat over the month. With developed markets, USoutperformed other markets. The S&P 500 index (US) gained nearly 3.4%m/m in November. Indian equities continued to perform well in November by rising (Nifty index) 1.5%m/m.INR depreciated by nearly 1% against US . Commodities prices remained weak in November. LME metal index went down 2.4%m/m. Crude oil prices rose 1.8%yoy in November.DOMESTIC MACRO AND MARKETIndian markets remained rangebound in November. The broad market underperformed in November. Foreign Portfolio Investors (FPIs) inflows continued for the third consecutivemonth with net inflows of US 3bn in Indian equities. Communication Services, Financials and Healthcare outperformed in November, while Consumer Discretionary, Industrials andConsumer Staples underperformed during the month.For the earnings season for 2QFY2020 aggregate revenue/EBITDA/PBT/PAT (adjusted for exceptional items/one-offs) for Nifty came in at -3%/-1%/-5%/4% Y/Y respectivelyOverall, the breadth of operating earnings was mixed, with 26% of the companies exceeding expectations, 48% meeting expectations, and 26% missing expectations.India’s high frequency data remains weak:After remaining weak for a prolonged period, there are tentative signs of some improvement in economic data. PMI: India’s manufacturing PMI improved to 51.2 in November from 50.6 in October. Auto sales: Automobile sales remained tepid in general in November. Core sector production: Growth in the eight core sectors in October slumped further to -5.8%yoy versus 5.1%yoy in September. Other than fertilizers production, thedecline was broad-based. Index of Industrial Production (IIP): September IIP contracted 4.3%yoy versus 1.4%yoy in August. Credit growth: Bank credit growth slowed down to 8.3%yoy in October. Retail segment credit growth remained strong at 17.2%yoy in October. Trade deficit: Trade deficit in October came in lower at US 10.9bn. October exports growth improved to -1.1%yoy versus -6.6%yoy in September. Imports witnesseddegrowth of 16.3%yoy in October as domestic demand slowed down. Inflation: CPI inflation accelerated to 16 months’ high of 4.62%yoy in October on the back of higher food prices. Core CPI inflation significantly moderated to 3.6%yoy after4.2%yoy in September. GST collection: Gross GST collections for November grew by 6% to INR 1003 bn versus INR 976 bn collected in previous month. GDP: In line with consensus expectations, India’s 2QFY2020 real GDP grew by 4.5%yoy led by higher Government spending. Nominal GDP growth slowed to 6.1% from8% in 1QFY20. Slowdown was broad-based across sectors. Monetary transmission improves: With the surplus liquidity in the banking system persisting for the last 5 months, the monetary transmission has picked up pace.Government and the RBI has taken various steps to bring the confidence back in the credit market. Combination of policymakers’ efforts and benign liquidity have led tonarrower credit spreads across various categories. Lending rates have also started to decline, and this bodes well for credit growth recovery in the coming quarters.Market View:While the current domestic & global challenges are well documented the recent policy efforts like lower Corporate tax rates, Incentives for Manufacturing, Liquidity support forstressed sectors along with lower interest rates, easy monetary conditions and stable oil prices can aid an economic revival. We believe the narrow market trend (with returns beingconcentrated in few index heavyweights) witnessed over the last couple of years presents a potential opportunity for long term investors as the broader market valuations (barringfew segments) appear to be reasonable. Even the global growth is likely to have bottomed out & can potentially improve. US China trade developments, domestic macro data,policy support etc are key triggers that needs to be monitored.Chart of the month: Credit spreads have started to ease. Benign domestic liquidity conditions to ensure continued gradual decline in credit spreads.Common Source: Bloomberg, Centre for Monitoring Indian Economy Pvt. Ltd., Nippon India Mutual Fund ResearchThe views expressed herein constitute only the opinions and do not constitute any guidelines or recommendation on any course of action to be followed by the reader. This information is meant for generalreading purposes only and is not meant to serve as a professional guide for the readers4December 2019Fundamentals
Nippon India Large Cap Fund (Formerly known as Reliance Large Cap Fund)Portfolio as on November 30, 2019Large Cap FundDetails as on November 30, 2019Type of SchemeAn open ended equity scheme predominantly investingin large cap stocksCurrent Investment PhilosophyNippon India Large Cap Fund is a large cap fundpredominantly investing in stocks of top 100 companiesby full market capitalization. Large cap stocks endeavorto provide stability & liquidity to the portfolio. Itendeavors to generate alpha while owning best of theindex companies. It endeavors to invest in leaders orpotential leaders with established business models &sustainable free cash flows. It endeavors to invest ingrowth companies at a reasonable valuation & withhigh return on equity. It invests in emerging large capcompanies which have an established business modelwith a proven management track record and a potentialto generate high cash flows.Date of AllotmentAugust 8, 2007Fund ManagerCompany/IssuerAutoTata Motors LimitedAshok Leyland LimitedTVS Motor Company LimitedBanksState Bank of India*HDFC Bank Limited*ICICI Bank Limited*Axis Bank Limited*Bank of Baroda*Construction ProjectLarsen & Toubro Limited*Consumer Non DurablesITC Limited*Ferrous MetalsTata Steel LimitedFinanceHousing Development Finance Corporation Limited*Max Financial Services LimitedGasGAIL (India) LimitedHotels, Resorts And Other Recreational ActivitiesChalet Hotels LimitedThe Indian Hotels Company LimitedIndustrial Capital GoodsABB India Limited% of er% of AssetsHoneywell Automation India Limited1.85Siemens Limited1.47Industrial ProductsBharat Forge Limited2.61Cummins India Limited1.34Petroleum ProductsReliance Industries Limited2.86Bharat Petroleum Corporation Limited2.36Indian Oil Corporation 2.192.071.89Divi's Laboratories Limited2.88Sun Pharmaceutical Industries Limited2.25Cipla Limited1.44RetailingAditya Birla Fashion and Retail Limited1.30SoftwareInfosys Limited*4.55HCL Technologies Limited1.13Telecom - ServicesBharti Airtel Limited*3.84Equity Less Than 1% of Corpus7.13Cash and Other Receivables0.44Grand Total100.00*Top 10 HoldingsSailesh Raj BhanBenchmarkSIP - If you invested 10000 every monthS&P BSE 100 TRIFund SizeMonthly Average: 12,970.55 CrMonth End: 13,010.10 CrNAV as on November 29, 2019Growth PlanDividend PlanBonus OptionDirect - Growth PlanDirect - Dividend PlanDirect - Bonus OptionInstitutional Bonus Option olatility MeasuresStandard DeviationBetaSharpe Ratio4.061.030.17Note: The above measures have been calculated using monthly rolling returns for 36months period with 5.25% risk free return (FBIL Overnight MIBOR as on 29/11/2019).Portfolio Turnover (Times)0.76Total Expense Ratio Regular/Other than DirectDirect1.821.05Load structureEntry Load: NilSince Inception10 Years5 Years3 Years1 Year1,480,0001,200,000600,000360,000120,000Total Amount Invested ( )3,432,9512,352,999767,846407,293126,707Market Value ( )Scheme Return (%)12.9012.989.918.3411.14B: S&P BSE 100 TRI Return (%)11.6511.6611.0810.4215.08AB: S&P BSE Sensex TRI Return (%)12.0112.2012.9013.9718.82Inception Date: August 8, 2007Past performance may or may not be sustained in future. It is assumed that a SIP of 10,000 each executed on 10th of every month including the firstinstallment in the Growth option of the Fund. Returns on SIP and Benchmark are annualized and cumulative investment return for cash flows resulting out ofuniform and regular monthly subscriptions have been worked out on excel spreadsheet function known as XIRR. Load has not been taken into consideration.B: Benchmark, AB: Additional Benchmark, TRI: Total Return IndexTRI - Total Returns Index reflects the returns on the index arising from (a) constituent stock price movements and (b) dividend receipts from constituent indexstocks, thereby showing a true picture of returns.For scheme performance refer page 62-69. For Fund manager wise scheme performance refer page 70-73.Dividend HistoryIndustry AllocationBanksPetroleum ProductsPharmaceuticalsRecord Date28.95%Rate ( / Unit)Cum DividendNAVEx-Dividend 14.447615-Jul-190.0915.587915.4879Dividend Plan8.23%7.42%Industrial Capital Goods7.00%Software6.47%Direct - Dividend PlanConstruction 96Consumer Non Durables5.25%Finance4.94%Hotels, Resorts And OtherRecreational Activities4.25%Past performance may or may not be sustained in future. Pursuant todividend payment, NAV falls to the extent of payout & statutory levy (ifapplicable). Face Value- 10.AMFI ClassificationExit Load: 10% of the units allotted shall be redeemed without anyexit load, on or before completion of 12 months from the date ofallotment of units. Any redemption in excess of such limit in the first12 months from the date of allotment shall be subject to the followingexit load, Redemption of units would be done on First in First outBasis (FIFO): 1% if redeemed or switched out on or before completion of 12months from the date of allotment of units. Nil, thereafter.This product is suitable for investors who are seeking*:Special Feature: Nippon India Any Time Money CardPlease refer page no. 81 for explanation on symbol: and @ wherever available*Investors should consult their financial advisors if in doubt about whether theproduct is suitable for them.FundamentalsProduct Label Long term capital growth Investment predominantly into equity and equity related instruments of largecap companiesInvestors understand that their principalwill be at Moderately High riskDecember 20195
Nippon India Vision Fund (Formerly known as Reliance Vision Fund)Portfolio as on November 30, 2019Large and Mid Cap FundDetails as on November 30, 2019Type of SchemeAn open ended equity scheme investing in both largecap and mid cap stockCurrent Investment PhilosophyNippon India Vision Fund is an open ended equityscheme investing in both large cap and mid cap stocks.The fund attempts to invest in high quality businesseswho are market leaders in their respective sectors, witha proven track record across market conditions.Large cap stocks endeavor to provide stability &liquidity to the portfolio and mid caps allocation canpotentially generate relatively better returns. Backed byFund Management expertise & growth orientedstrategy, the fund endeavors to generate relativelybetter risk adjusted returns over the long term.Date of AllotmentOctober 8, 1995Fund ManagerMeenakshi Dawar, Sanjay Doshi (Co-Fund Manager)Company/IssuerAutoTVS Motor Company Limited*Tata Motors LimitedAshok Leyland LimitedAuto AncillariesMRF LimitedBanksHDFC Bank Limited*ICICI Bank Limited*State Bank of India*Axis Bank Limited*RBL Bank LimitedThe Federal Bank LimitedKotak Mahindra Bank LimitedIndusInd Bank LimitedConstruction ProjectLarsen & Toubro Limited*Consumer DurablesVoltas LimitedConsumer Non DurablesTata Global Beverages Limited*ITC LimitedFerrous MetalsTata Steel LimitedFinanceHousing Development Finance Corporation LimitedBajaj Finance LimitedICICI Lombard General Insurance Company LimitedCholamandalam Investment and Finance Company LimitedHDFC Life Insurance Company Limited% of AssetsCompany/IssuerHotels, Resorts And Other Recreational ActivitiesThe Indian Hotels Company LimitedIndustrial Capital GoodsHoneywell Automation India Limited*Bharat Electronics LimitedIndustrial ProductsBharat Forge LimitedPesticidesPI Industries LimitedPetroleum ProductsReliance Industries Limited*Bharat Petroleum Corporation LimitedPharmaceuticalsTorrent Pharmaceuticals LimitedAlkem Laboratories LimitedSun Pharmaceutical Industries LimitedPowerNTPC LimitedTata Power Company LimitedRetailingTrent LimitedAditya Birla Fashion and Retail LimitedSoftwareInfosys Limited*Tata Consultancy Services LimitedTelecom - ServicesBharti Airtel LimitedTextile ProductsSRF LimitedEquity Less Than 1% of CorpusCash and Other ReceivablesGrand .033.032.202.251.871.752.121.641.171.151.01Nifty Large Midcap 250 TRIMonth End: 2,840.87 CrNAV as on November 29, 2019 lity Measures4.530.980.05Note: The above measures have been calculated using monthly rolling returns for 36months period with 5.25% risk free return (FBIL Overnight MIBOR as on 29/11/2019).1.08Total Expense Ratio Regular/Other than DirectDirectSince Inception2,890,00040,441,79418.32NANATotal Amount Invested ( )Market Value ( )Scheme Return (%)B: NIFTY Large Midcap 250 TRI Return (%)AB: S&P BSE Sensex TRI Return (%)Inception Date: October 8, 1995Monthly Average: 2,827.03 CrPortfolio Turnover 91.651.434.681.301.691.1712.344.69100.00SIP - If you invested 10000 every monthFund SizeStandard DeviationBetaSharpe Ratio1.68*Top 10 HoldingsBenchmarkGrowth PlanDividend PlanBonus OptionDirect - Growth PlanDirect - Dividend PlanDirect - Bonus Option% of Assets2.091.55Load structureEntry Load: NilExit Load: 1% if redeemed or switched out on or beforecompletion of 1 year from the date of allotment of units.Nil, thereafter.20 Years2,400,00017,545,93017.28NA14.8615 Years1,800,0004,087,90710.24NA12.4110 Years1,200,0001,898,5278.9212.7212.205 Years600,000673,7604.649.7612.903 Years360,000373,5752.476.8013.971 Year120,000128,26213.7812.7618.82N.A : Since TRI data is not available prior to 01/04/2005 & 19/08/1996 for Nifty Large Midcap 250 & S&P BSE Sensex respectively, performance for such period is not provided.Past performance may or may not be sustained in future. It is assumed that a SIP of 10,000 each executed on 10th of every month including the firstinstallment in the Growth option of the Fund. Returns on SIP and Benchmark are annualized and cumulative investment return for cash flows resulting out ofuniform and regular monthly subscriptions have been worked out on excel spreadsheet function known as XIRR. Load has not been taken into consideration.B: Benchmark, AB: Additional Benchmark, TRI: Total Return IndexTRI - Total Returns Index reflects the returns on the index arising from (a) constituent stock price movements and (b) dividend receipts from constituent indexstocks, thereby showing a true picture of returns.For scheme performance refer page 62-69. For Fund manager wise scheme performance refer page 70-73.Dividend HistoryIndustry AllocationRecord DateBanks24.18%Finance7.30%Consumer Non Durables7.10%SoftwareRate ( / Unit)Cum Dividend NAVEx-Dividend 48.350313-Jan-174.2543.293139.0431Dividend Plan6.98%Direct - Dividend PlanIndustrial Capital Petroleum ProductsPowerPharmaceuticalsRetailing5.96%Past performance may or may not be sustained in future.Pursuant to dividend payment, NAV falls to the extent of payout &statutory levy (if applicable). Face Value- 10.5.17%3.65%3.08%AMFI ClassificationProduct LabelThis product is suitable for investors who are seeking*: Long term capital growth Investment in equity and equity related instruments of large cap & mid capcompanies through a research based approachSpecial Feature: Nippon India Any Time Money CardPlease refer page no. 81 for explanation on symbol: and @ wherever available6December 2019*Investors should consult their financial advisors if in doubt about whether theproduct is suitable for them.Investors understand that their principalwill be at Moderately High riskFundamentals
Nippon India Quant Fund (Formerly known as Reliance Quant Fund)Thematic (following a factor based model)Details as on November 30, 2019Type of SchemeAn open ended equity scheme investing in quant modelthemeCurrent Investment PhilosophyActively managed fund Scientific approach Expertise Back test Nippon India Quant Fund.Nippon India Quant Fund is an actively managedinvestment fund that approaches stock selectionprocess based on a proprietary system-based model.The model would shortlist 30-35 S&P BSE 200 stocksthrough a screening mechanism at pre-determinedintervals, i.e. on quarterly basis. Stocks are selected onbasis of parameters like valuation, earnings, price,momentum & quality.Date of AllotmentApril 18, 2008Portfolio as on November 30, 2019Company/IssuerBanksICICI Bank Limited*HDFC Bank Limited*Kotak Mahindra Bank Limited*Axis Bank Limited*The Federal Bank LimitedCity Union Bank LimitedConstructionGodrej Properties LimitedConsumer DurablesTitan Company LimitedCrompton Greaves Consumer Electricals LimitedWhirlpool of India LimitedConsumer Non DurablesNestle India Limited*Hindustan Unilever Limited*Asian Paints Limited*Dabur India Limited*Marico LimitedColgate Palmolive (India) Limited% of 6.686.285.264.154.14Company/IssuerFinanceBajaj Finserv Limited*Power Finance Corporation LimitedICICI Lombard General Insurance Company LimitedMuthoot Finance Limited% of Assets6.292.282.221.95Minerals/MiningNMDC LimitedPesticidesPI Industries LimitedPharmaceuticalsAbbott India LimitedSoftwareInfosys Limited*Textile ProductsSRF LimitedTransportationInterGlobe Aviation LimitedEquity Less Than 1% of CorpusCash and Other ReceivablesG
ELSS Nippon India Tax Saver (ELSS) Fund (Formerly Known as Reliance Tax Saver (ELSS) Fund) 20 Arbitrage Fund Nippon India Arbitrage Fund (Formerly Known as Reliance Arbitrage Fund) 21 Thematic (International) Nippon India Japan Equity Fund (Formerly
UC Pathway Income Fund UC Pathway Fund 2015 UC Pathway Fund 2020 UC Pathway Fund 2025 . UC Pathway Fund 2030 UC Pathway Fund 2035 UC Pathway Fund 2040 UC Pathway Fund 2045 . UC Pathway Fund 2050 UC Pathway Fund 2055 UC Pathway Fund 2060 . CORE FUNDS - 13.7 billion Bond and Stock Investments . Bond Investments Short-Term UC Savings Fund
UC Pathway Funds. UC Pathway Income Fund UC Pathway Fund 2020 UC Pathway Fund 2025. UC Pathway Fund 2030. UC Pathway Fund 2035 UC Pathway Fund 2040 UC Pathway Fund 2045. UC Pathway Fund 2050. UC Pathway Fund 2055 UC Pathway Fund 2060. UC Pathway Fund 2065. CORE FUNDS - 17.0 billion Bond and Stock Investments
TARGET DATE FUNDS - 9.1 billion UC Pathway Funds UC Pathway Income Fund UC Pathway Fund 2020 UC Pathway Fund 2025 UC Pathway Fund 2030 UC Pathway Fund 2035 UC Pathway Fund 2040 UC Pathway Fund 2045 UC Pathway Fund 2050 UC Pathway Fund 2055 UC Pathway Fund 2060 UC Pathway Fund 2065 CORE FUNDS - 12.9 billion Bond and Stock Investments Bond .
CIBC Balanced Fund . CIBC Dividend Income Fund. 3. CIBC Dividend Growth Fund. 3. CIBC Canadian Equity Fund. 3. CIBC Canadian Equity Value Fund. 3. CIBC Canadian Small-Cap Fund . CIBC U.S. Equity Fund. 3 CIBC U.S. Small Companies Fund. 3. CIBC Global Equity Fund . CIBC International Equity Fund. 3. CIBC European Equity Fund. 3. CIBC Emerging .
ELSS Reliance Tax Saver (ELSS) Fund RTSF 20 Arbitrage Fund Reliance Arbitrage Fund RAF 21 Thematic (International) Reliance Japan Equity Fund RJEF 22 Reliance US Equity Opportunities Fund RUSEOF 23 FIXED INCOME Overnight Fund Reliance Overnight Fund ROF 24 Liquid Fund Reliance Liquid Fund RLF 25 Money Market
The fund's inception is 01/23/09. The fund invests in the following underlying funds: Russell 1000 Non-Lendable Fund E, Russell 2000 Non-Lendable Fund E, MSCI ACWI ex-U.S. IMI Non-Lendable F Fund (prior to 4/01/10, MSCI ACWI Ex-U.S. Non-Lendable F Fund), (prior to 3/01/09, EAFE Index Non-Lendable F Fund and Emerging Markets Non-Lendable F Fund), US
American Century Variable Portfolios, Inc. Statement of Additional Information (SAI) Supplement VP Balanced Fund VP Capital Appreciation Fund VP Income & Growth Fund VP International Fund VP Large Company Value Fund VP Mid Cap Value Fund VP Ultra Fund VP Value Fund VP VistaSM Fund Supplement dated July 16, 2010 SAI dated May 1, 2010
Tank plumb reading within API 650 tolerances easily achievable Less involvement of high capacity cranes Scaffolding costs held at minimum Hydraulic jacks connected to load by a failsafe friction grip system , saves tank if pump/ hose fails Tanks erected with jacks , less susceptible to collapse due to high winds Wind girder/roof in place, as the top shell is erected first .
