FORM NL-37-DOWN GRADING OF INVESTMENT-2
Company Name & Code:  
Statement as on:  
Name of Fund  
Statement of Down Graded Investments  
Periodicity of Submission: Quarterly  
Statement as on : As on 31st March 2010  
            (Rs. In Lakhs)      
Sr.No. Particulars of Investments Category Amount  Date of   Rating  Original  Current  Date of  Remarks
    Code (As per B/s.) Purchase Agency Grade Grade Downgrade  
A. During the quarter:                
  Debentures/Bonds:                
1 Bank of Rajasthan OLDB 500.00  29.8.2006  CARE  BBB  BB+  25/2/2010   
2 Bank of Rajasthan OLDB 500.00  15.10.2004  CARE  A-  BBB+  25/2/2010   
3 PNB Housing Finance HTDN 1000.00  24.7.2006  CARE&CRISIL  AA+  AA  10/2/2010   
4 PNB Housing Finance HTDN 1000.00  30.9.2008  CARE& CRISIL  AA+  AA  10/2/2010   
5 PNB Housing Finance HTDN 1000.00  24.7.2006  CARE&CRISIL  AA+  AA  10/2/2010   
      4000.00             
  As on date                
7 9.25% Vijaya Bank Lower Tier II OLDB 500.00  01.08.2006  FITCH  AA+(ind)  AA(ind)  14.8.2008   
13 10.25% Bonds of Indusind Bank OLDB 1000.00  30.9.2006  ICRA&FITCH  BBB+  20.11.2008   
14 11.50% Debentures of Mahindra & Mahindra                 
  Financial Services OLDB 500.00  26.9.2008  CRISIL  AA+(-ve)  AA-  19.3.2009   
15 7.15% Bonds of Development Credit Bank OLDB 500.00  16.3.2004  FITCH  A+  BBB  25.2.2009   
17 6.25% ING Vysya Bank Ltd. OLDB 2000.00  12.9.2003  FITCH  AA+  AA  19.5.2009   
18 8.75% ING Vysya Bank Ltd. OLDB 500.00  17.3.2006  FITCH  AA+  AA  19.5.2009   
19 9.70% ING Vysya Bank Ltd. OLDB 1500.00  28.8.2006  FITCH  AA+  AA  19.5.2009   
20 13% Aditya Birla Nuva Ltd. ECOS 1000.00  7.11.2008  CARE  AAA  AA+  13.08.2009   
41 Bank of Maharashtra 9.10%;14.10.2021 OLDB 500.00  14.10.2006  CRISIL/CARE  AA  AA-  21.10.2009   
      8000.00             
Statement as on : As on 31st March 2009
No Name of the Security COI Amount Date of Purchase Rating Agency Original Grade Current Grade Date of Downgrade Remarks
      (Rs. in lacs)            
A. During the Quarter ¹                
  11.50% Debentures of Mahindra & Mahindra OLDB 500  26.9.2008  CRISIL  AA+(-ve)  AA-  19.3.2009   
  Financial Services                
  7.15% Bonds of Development Credit Bank OLDB 500  16.3.2004  FITCH  A+  BBB  25.2.2009   
  6.50% Debentures of Hindalco Industries Ltd. ECOS 5000  16.9.2004  CRISIL  AA  AA-(ve)  21.11.2008   
                   
  Till the current quarter:                
1 8.7% to 9.2% UCO Bank Upper Tier II Bonds  OLDB 500  22.3.2006  CRISIL  AA  AA-  27.8.2008   
2 9.25%-9.75% Upper Tier II Bonds of UCO Bank OLDB 512.76  12.10.2006  CRISIL  AA  AA-  27.8.2008   
3 9.25%-9.75% Upper Tier II Bonds of UCO Bank OLDB 512.41  26.10.2006  CRISIL  AA  AA-  27.8.2008   
4 9.28%-9.78% Upper Tier II Bonds of  UCO Bank OLDB 1000  03.07.2006  CRISIL  AA  AA-  27.8.2008   
5 9.35%-9.85% perpetual bonds of UCO Bank EUPD 1000.51  21.07.2006  CRISIL  AA  AA-  27.8.2008   
6 9.35%-9.85% perpetual bonds of UCO Bank EUPD 1000.51  08.08.2006  CRISIL  AA  AA-  27.8.2008   
7 9.25% Vijaya Bank  Lower Tier II ECOS 500  1.8.2006  FITCH  AA+(Ind)  AA-(Ind)  14.8.2008   
8 9.35%-9.85%  pertual bonds of UCO Bank EUPD 1000.51  21.07.2006  CRISIL  AA  20.11.2008   
9 9.35%-9.85%  pertual bonds of UCO Bank EUPD 1000  08.08.2006  CRISIL  AA  20.11.2008   
10 9.28-9.78 Upper Tier II Bonds of UCO Bank OLDB 1000  03.07.2006  CRISIL  AA  20.11.2008   
11 9.20 Bonds of Dena Bank OLDB 1000  1.10.2006  CRISIL & FITCH  A-  21.11.2008   
12 9.20 Bonds of Dena Bank OLDB 1000  3.11.2006  CRISIL & FITCH  A-  21.11.2008   
13 10.25% Bonds of Indusind Bank OLDB 1000  30.9.2006  ICRA & FITCH  BBB+  20.11.2008   
                   
Statement as on : As on 31st March 2008
                  Rs. Lakhs
No Name of the Security COI Amount Date of Purchase Rating Agency Original Grade Current Grade Date of Downgrade Remarks
      (Rs. in lacs)            
A. During the Quarter ¹                
             
                   
B. As on Date ²  (2007-08)                
  6.50% NCDs of Hindalco Industries ICOS  500  16.9.2004  CRISIL  AAA  AA  14.6.2007   
  Ltd.       FITCH  AAA  AA  13.9.2007   
  Bonds of  Indusind Bank Ltd. OLDB  4500  (Total)           
  Industries Ltd. (Lower Tier II  Bonds)                
  8% coupon rate   500  31.3.2003  Unrated         
  7% coupon rate   500  31.3.2004  FITCH  A+  17.9.2007   
  6.8% coupon rate   500  30.6.2004  FITCH  A+  17.9.2007   
  8.10% coupon rate   500  31.3.2005  FITCH  A+  17.9.2007   
  8.4% coupon rate   1500  31.12.2005  FITCH  A+  17.9.2007   
  Upper Tier II Bonds - 10.25%   1000  30.9.2006  FITCH  A-  17.9.2007   
      3500  (Total)           
  PERPETUAL BONDS OF UCO BANK EUPD                 
  UCO Bank (CALL - 1.6.2016)                
  Coupon rate 9.35% - 9.85%   1000  21.7.2006  CRISIL  AA  AA-  7.12.2007   
  Coupon rate 9.35% - 9.85%   1000  8.08.2006  CRISIL  AA  AA-  7.12.2007   
                   
  Upper Tier II Bonds                    
  Coupon rate 8.70%-9.20%   500  22.3.2006  CRISIL  AA  AA-  7.12.2007   
  coupon rate 9.28%-9.78%   1000  3.07.2006  CRISIL  AA  AA-  7.12.2007