FORM NL-32-STATEMENT OF DOWN GRADED INVESTMENTS
Registration Number: Name of Fund:   
Statement as on: 30.09.2021
Statments of Down Graded Investments
Periodicity of submission : Quarterly (Amount in Rs. lakhs)  
 No Name of Security COI  Amount Date of Purchase  Rating Agency Original Grade Current Grade Date of  last Downgrade Remarks
A DURING THE QUARTER
1 IDBI 8.99% 19-Dec-12 INE008A08U50. OBPT 1,500.00 19/12/2012 ICRA AA+ A+ 27/09/2021  
B AS ON DATE
1 IFCI 12.00% 13-Jan-12 INE039A07686. SGOA 75.00 31/12/2005 ICRA AAA BBB 31/12/2019  
2 10.50% Sec.Red.NC Gammon India Ltd. IODS 1,500.00 07/05/2009 CARE AA D 31/12/2014  
3 13%Sec Red NCDs of Era Infra Engineering Ltd OLDB 2,000.00 05/06/2009 CARE A D 31/12/2013  
4 11% Bharati Shipyard Ltd Sec.Rated Red.NCDs of IODS 2,000.00 09/06/2009 CARE A BB- 28/12/2011  
5 9.97% Unsec.Red.Sub.NCDs Dewan Housing finance corp. ltd. OLDB 1,000.00 08/01/2010 CARE AA D 30/06/2019  
6 9.97% Unsec.Red.Sub.NCDs Dewan Housing finance corp. ltd. OLDB 1,026.00 08/02/2011 CARE AA+ D 30/06/2019  
7 9.97% Unsec.Red.NCD -Dewan Housing Finance Corpn. Ltd. OLDB 1,000.00 15/01/2010 CARE AA D 30/06/2019  
8 11.15% Sec.Red.NCD -Era Infra Engineering Ltd. OLDB 1,000.00 27/02/2010 CARE A D 31/12/2013  
9 9.20% Sec.NCD Infrastructure Leasing & Financial Services* IODS 1,000.00 22/03/2010 CARE AAA D 30/09/2018  
10 9.85% Dewan Housing Finance Corpn Ltd. OLDB 500.00 27/04/2010 CARE AA D 30/06/2019  
11 9.50% Gammon India-NCD (Put option-18.6.2017)-2020 IODS 1,000.00 18/06/2010 CARE AA D 31/03/2015  
12 9.50% Gammon India-NCD (Put option-18.6.2017)-2020 IODS 1,000.00 16/11/2010 CARE AA D 31/03/2015  
13 9.70% Dewan Housing Finance Corp.- 2020 OLDB 1,500.00 22/10/2010 CARE AA D 30/06/2019  
14 10.40% Dewan Housing  Finance 24.11.2020 OLDB 1,000.00 16/03/2011 BRICKWORK AAA D 30/06/2019  
15 11.25%Elder Pharma NCDs-2018 OLDB 1,000.00 30/03/2011 CARE A+ D 30/06/2013  
16 10.25% Amtek Auto 2015- OLDB 507.00 19/04/2011 CARE AA AA- 30/06/2015  
17 10.25% Amtek Auto 2015- OLDB 506.00 19/04/2011 CARE AA AA- 30/06/2015  
18 10.25% Amtek Auto 2015- OLDB 507.00 20/04/2011 CARE AA AA- 30/06/2015  
19 10.25% Amtek Auto 2015- OLDB 506.00 21/04/2011 CARE AA AA- 30/06/2015  
20 10.25% Amtek Auto 2015- OLDB 2,015.00 14/02/2013 CARE AA AA- 30/06/2015  
21 10.25% Amtek Auto 2015- OLDB 2,035.00 22/05/2013 CARE AA AA- 30/06/2015  
22 10.50% Reliance capital Ltd.2021 OLDB 1,000.00 15/07/2011 CARE AA+ D 30/09/2019  
23 10.50% Reliance capital Ltd.2021 OLDB 500.00 18/07/2011 CARE AA+ D 30/09/2019  
24 9.68% Infrastructure leasing & Finance Co.Ltd.2021 IODS 1,500.00 04/08/2011 FITCH AAA D 30/09/2018  
25 11% Dewan Housing Fin.Corp Ltd.2021-NCDs OLDB 500.00 29/09/2011 BRICKWORK AA+ D 30/06/2019  
26 11% Dewan Housing Fin.Corp Ltd.2021-NCDs OLDB 999.00 25/01/2012 BRICKWORK AA+ D 30/06/2019  
27 10.20% Yes Bank Limited -2021 OLDB 1,000.00 28/10/2011 ICRA AA BBB 10/11/2020  
28 10.75% Reliance Capital - 2021 NCDs OLDB 1,000.00 01/11/2011 CARE AA+ D 30/09/2019  
29 10.75% Reliance Capital - 2021 NCDs OLDB 500.00 31/10/2011 CARE AA+ D 30/09/2019  
30 10.10% Indian Hotels ECOS 1,000.00 24/11/2011 CARE AA+ AA 14/09/2012  
31 10.75% Reliance Capital 2021 OLDB 999.00 21/12/2011 CARE AA+ D 30/09/2019  
32 10.75% Reliance Capital 2021 OLDB 999.00 05/01/2012 CARE AA+ D 30/09/2019  
33 10.60% Reliance Capital 2022 NCDs OLDB 998.00 06/01/2012 CARE AA+ D 23/09/2019  
34 9.82% Infrastructure Leasing  & Financial Services Ltd. 2022 IODS 1,000.00 31/01/2012 CARE AAA D 30/09/2018  
35 10.75% Reliance Capital 2021 -Unsecured OLDB 989.00 17/02/2012 CARE AA+ D 30/09/2019  
36 10.75% Reliance Capital 2021 -Unsecured OLDB 989.00 21/02/2012 CARE AA+ D 30/09/2019  
37 10.60% Reliance Capital  NCDs -2022 OLDB 998.00 07/03/2012 CARE AA+ D 30/09/2019  
38 10.60% Reliance Capital  NCDs -2022 OLDB 499.00 09/03/2012 CARE AA+ D 30/09/2019  
39 10.30% IL&FS   Financial Services Ltd. OLDB 1,006.00 10/04/2012 CARE AAA D 30/09/2018  
40 9.80% Infrastructure Leasing & Financial Services Ltd. IODS 1,500.00 05/06/2012 CARE AAA D 30/09/2018  
41 10.65% Indiabulls Financial Services Ltd.2022 NCDs ECOS 1,000.00 11/06/2012 CARE AA+ AA 17/02/2020  
42 10.65% Indiabulls Financial Services Ltd.2022 NCDs ECOS 500.00 12/06/2012 CARE AA+ AA 17/02/2020  
43 9.49% Indian renewable Energy Develop -2022 IPTD 1,521.00 26/06/2012 BRICKWORK AAA(SO) AAA(CE) 30/06/2020  
44 10.20% Reliance Capital 2022 OLDB 998.00 29/08/2012 CARE AAA D 23/09/2019  
45 10.20% Reliance Capital 2022 OLDB 499.00 30/08/2012 CARE AAA D 23/09/2019  
46 10.20% Reliance Capital 2022 OLDB 1,005.00 27/09/2012 CARE AAA D 23/09/2019  
47 10.20% Reliance Capital 2022 OLDB 503.00 28/09/2012 CARE AAA D 23/09/2019  
48 10.40% RELIANCE HOME FINANCE Ltd2022-Unsec.Sub.Debt Tier II OLDB 1,499.00 24/09/2012 CARE AA D 31/10/2019  
49 9.54% IL&FS Financial Services Ltd.-2022-Series IV OLDB 1,008.00 05/10/2012 FITCH AAA D 30/09/2018  
50 9.54% IL&FS Financial Services Ltd.-2022-Series IV OLDB 504.00 08/10/2012 FITCH AAA D 30/09/2018  
51 10.40% Reliance Home Finance Ltd.2022 - Unsecured OLDB 1,499.00 04/10/2012 CARE AA D 31/10/2019  
52 8.93%Punjab NationalBank 2020 UNSECRED NC LOWER TIER IIBOND. EPBT 1,500.00 03/12/2012 CARE AA+ AA 23/11/2020  
53 8.93%Punjab NationalBank 2020 UNSECRED NC LOWER TIER IIBOND. EPBT 999.00 04/12/2012 CARE AA+ AA 23/11/2020  
54 8.93%Punjab NationalBank 2020 UNSECRED NC LOWER TIER IIBOND. EPBT 999.00 14/12/2012 CARE AA+ AA 23/11/2020  
55 9.95% RELIANCE CAPITAL 2022 OLDB 1,500.00 05/12/2012 CARE AAA D 30/09/2019  
56 9.95% RELIANCE CAPITAL 2022 OLDB 1,504.00 19/12/2012 CARE AAA D 30/09/2019  
57 9.95% RELIANCE CAPITAL 2022 OLDB 2,014.00 14/01/2013 CARE AAA D 30/09/2019  
58 10.75% Simplex Infra Ltd 2022 (put/Call 06.12.2019) IODS 1,500.00 11/12/2012 CARE AA D 12/12/2019  
59 8.90% UNION BANK 2022 EPBT 1,400.00 01/01/2013 CRISIL AAA AA+ 30/09/2017  
60 9.40%INFRASTRUCTURE LEASING AND FINANCIAL.-2022 Sec Red NCD. IODS 2,000.00 03/01/2013 FITCH AAA D 30/09/2018  
61 10.25% Reliance Capital  Sec NCDs -2022 OLDB 1,536.00 29/01/2013 CARE AAA D 30/09/2019  
62 10% RELIANCE HOME FINANCE LTD 2023 OLDB 1,500.00 11/02/2013 CARE AA D 31/10/2019  
63 9.90% RELIANCE CAPITAL SEC NCD 2023 OLDB 2,514.00 14/02/2013 CARE AAA D 30/09/2019  
64 9.90% RELIANCE CAPITAL SEC NCD 2023 OLDB 2,609.00 09/07/2013 CARE AAA D 30/09/2019  
65 10.30% IDFC FIRST LIMITED (FORMERLY CAPITAL FIRST  2023) OLDB 2,563.00 26/03/2013 CARE AA+ AA 09/10/2020  
66 9.5% RELIANCE HOME FINANCE LTD 2023  UNSEC OLDB 2,499.00 03/06/2013 CARE AA D 30/09/2019  
67 7.98% IDFC FIRST BANK LIMITED 2023 SEC NCD ICTD 1,976.00 28/06/2013 ICRA AAA AA 30/06/2019  
68 10.70% Dewan Housing-2023 Secured Red. NCD Sr. XII Tranche-9 OLDB 1,500.00 27/11/2013 BRICKWORK AAA D 30/06/2019  
69 10.70% Dewan Housing-2023 Secured Red. NCD Sr. XII Tranche-9 OLDB 1,000.00 02/12/2013 BRICKWORK AAA D 30/06/2019  
70 9.63% IDFC FIRST BANK LTD 2024 SEC NCD ICTD 2,500.00 07/01/2014 ICRA AAA AA 30/06/2019  
71 9.90% IL & FS FINANCIAL SERVICES LTD 2019 SEC NCD OLDB 2,500.00 31/01/2014 FITCH AAA D 30/09/2018  
72 9.95% IL& FS LTD. 2021 SEC NCD IODS 2,000.00 07/02/2014 CARE AAA D 30/09/2018  
73 9.50% IL&FS FINANCIAL SERVICES LTD. OLDB 1,500.00 08/07/2014 CARE AAA D 30/09/2018  
74 9.50%INFRASTRUCTURE LEASING & FIN.SERVICES LTD.-2024-SEC NCD IODS 2,500.00 01/08/2014 CARE AAA D 30/09/2018  
75 9.42% RELIANCE CAPITAL LTD 2024 OLDB 2,500.00 05/08/2014 CARE AAA D 30/09/2019  
76 9.42% RELIANCE CAPITAL LTD 2024 OLDB 1,500.00 06/08/2014 CARE AAA D 30/09/2019  
77 9.30%IDFC FIRST BANK LIMITED - 07.08.2024 ICTD 2,500.00 11/08/2014 ICRA AAA AA 30/06/2019  
78 9.55%INFRASTRUCTURE LEASING & FIN.SERVICES LTD.-2024-SEC NCD IODS 2,000.00 19/08/2014 FITCH AAA D 30/09/2018  
79 10.10% RELIANCE CAPITAL LTD 2022 NCD OLDB 516.00 12/09/2014 CARE AAA D 30/09/2019  
80 9.38%IDFC FIRST BANK LIMITED.10.09.2024 ICTD 2,000.00 16/09/2014 ICRA AAA AA 30/06/2019  
81 10.30%SHRIRAM HOUSING FINANCE LTD 2024 HTDA 2,000.00 17/10/2014 CARE AA+ AA 23/10/2020  
82 9.32% RELIANCE CAPITAL LIMITED - 2024 OLDB 2,000.00 21/11/2014 CARE AAA D 30/09/2019  
83 9.20% INDIA BULL HOUSING FINANCE -2024 HTDA 2,501.00 19/12/2014 CARE AAA AA+ 30/06/2020  
84 9.20% INDIA BULL HOUSING FINANCE - 2024 HTDA 2,501.00 07/01/2015 CARE AAA AA+ 30/06/2020  
85 10.50% AMTEK AUTO LIMITED - 2020 OLDB 2,500.00 09/01/2015 CARE AA D 31/12/2015  
86 10.50% AMTEK AUTO LIMITED - 2020 OLDB 1,000.00 02/03/2015 CARE AA D 31/12/2015  
87 9.80%AADHAR HOUSING FINANCE LTD. 2025 HTDA 2,500.00 25/03/2015 CARE AA+(SO) AA 31/03/2019  
88 8.70%IDFC FIRST BANK LTD. 2025 ICTD 1,500.00 25/05/2015 ICRA AAA AA 30/06/2019  
89 9.98% INFRASTRUCTURE LEASING & FINANCIAL SERVICES LTD. 2021 IODS 2,120.00 28/05/2015 ICRA AAA D 30/09/2018  
90 9.00% INDIABULLS HOUSING FINANCE LTD - 2025 HTDA 2,500.00 12/06/2015 CARE AAA AA+ 30/06/2020  
91 8.73% IDFC FIRST BANK LIMITED - 2022 ICTD 2,000.00 17/06/2015 ICRA AAA AA 30/06/2019  
92 9.50% DEWAN HOUSING FINANCE CORPORATION LTD.-2020 OLDB 1,500.00 14/07/2015 CARE AAA D 30/06/2019  
93 8.75% INFRASTRUCTURE LEASING & FINANCIAL SERVICES LTD. 2020 IODS 2,000.00 03/08/2015 CARE AAA D 30/09/2018  
94 9.45% DEWAN HOUSING FINANCE CORPORATION LTD. - 2020 OLDB 1,000.00 02/09/2015 CARE AAA D 30/06/2019  
95 8.58% INFRASTRUCTURE & LEASING FINANCIAL SERVICES LTD.  2018 IODS 2,500.00 04/12/2015 CARE AAA D 30/09/2018  
96 9.40%IDFC FIRST LIMITED 2025(FORMERLY CAPITAL FIRST ) OLDB 2,509.00 08/12/2015 CARE AA+ AA 09/10/2020  
97 8.65%INFRASTRUCTURE LEASING & FINANCIAL SERVICES LTD. 2020 IODS 2,500.00 23/12/2015 CARE AAA D 30/09/2018  
98 9.50% ECL FINANCE LTD. - 2026 OLDB 2,500.00 18/03/2016 BRICKWORK AA+ AA- 11/11/2020  
99 9.50% ECL FINANCE LTD. - 2026 OLDB 1,500.00 21/03/2016 BRICKWORK AA+ AA- 11/11/2020  
100 9.40%IL&FS TRANSPORTATION IODS 2,500.00 13/04/2016 CARE AAA D 31/12/2018  
101 8.95% RELIANCE HOME FINANCE LTD. - 2025 OLDB 2,500.00 19/05/2016 CARE AA+ D 31/10/2019  
102 8.90%INDIABULLS HOUSING FINANCE LTD. - 2026 HTDA 2,491.00 26/07/2016 CARE AAA AA+ 30/06/2020  
103 8.60% IL&FS Financial Services Ltd. - 2021 OLDB 2,500.00 09/08/2016 CARE AAA D 30/09/2018  
104 9.10% Reliance General Insurance Co. Ltd. 2026 OLDB 2,000.00 18/08/2016 CARE AA A 03/04/2020  
105 9.28% IL&FS Transportation Networks Ltd - 2021 IODS 3,000.00 26/08/2016 CARE AA+ D 31/12/2018  
106 9.28% IL&FS Transportation Networks Ltd - 2021 IODS 2,000.00 08/12/2016 CARE AA+ D 31/12/2018  
107 9.30% Dewan Housing Finance Corporation Ltd.- 2026 OLDB 2,009.00 29/08/2016 CARE AAA D 30/06/2019  
108 9.15% DEWAN HOUSING FINANCE CORPORATION LTD. 2021 OLDB 1,496.00 14/09/2016 CARE AAA D 30/06/2019  
109 9.10% DEWAN HOUSING FINANCE CORPORATION LTD. 2019 OLDB 998.00 14/09/2016 CARE AAA D 30/06/2019  
110 8.90% Reliance Capital Ltd., - 2021 OLDB 2,500.00 14/09/2016 CARE AAA D 30/09/2019  
111 9.00% Reliance Capital Ltd.,-2026 OLDB 2,000.00 15/09/2016 CARE AAA D 30/09/2019  
112 8.75% IDFC FIRST BANK LIMITED 2026(FORMERLY CAPITAL FIRST) OLDB 2,500.00 22/09/2016 CARE AA+ AA 09/10/2020  
113 9.00% INDIABULLS HOUSING FINANCE LTD - 2026 HTDA 2,508.00 30/09/2016 CARE AAA AA+ 30/06/2020  
114 7.77% CAN FIN HOMES LTD-2021 NC TAXBLE DEB HTDA 2,000.00 17/11/2016 FITCH AAA AA 19/12/2019  
115 8.90% JK LAKHMI CEMENTS  2022 OLDB 2,000.00 10/01/2017 CARE AA AA- 31/12/2018  
116 7.85% INDIAN HOTELS CO LTD 2022 SEC RED NCD.. ECOS 2,000.00 24/01/2017 CARE AA+ AA 08/01/2021  
117 8.25% Sec.NCD Reliance Capital 2020, Series II OLDB 1,500.00 16/02/2017 CARE AAA D 30/09/2019  
118 8.35% NATIONAL INSURANCE CO. LTD. - 2027 UNSECURED OBPT 2,500.00 29/03/2017 ICRA AA+ A+ 19/10/2020  
119 8.35% NATIONAL INSURANCE CO. LTD. - 2027 UNSECURED OBPT 2,500.00 30/03/2017 ICRA AA+ A+ 19/10/2020  
120 8.35% NATIONAL INSURANCE CO. LTD. - 2027 UNSECURED OBPT 2,500.00 31/03/2017 ICRA AA+ A+ 19/10/2020  
121 8.45% IDFC FIRST LIMITED 2024 (FORMERLY CAPITAL FIRST ) OLDB 2,000.00 05/05/2017 CARE AA+ AA 09/10/2020  
122 8.06% Infrastructure Leasing &Financial services Ltd.May2022 IODS 1,500.00 16/05/2017 CARE AAA D 30/09/2018  
123 7.50% ILFS NCD - 2020 IODS 2,500.00 08/08/2017 CARE AAA D 30/09/2018  
124 7.60% Infrastructure Leasing & Financial Services SEC. 2020 IODS 2,500.00 23/08/2017 FITCH AAA D 30/09/2018  
125 7.75% IL & FS FIN SERVS 2022 SEC RED NCD IODS 2,000.00 12/09/2017 CARE AAA D 30/09/2018  
126 7.85% Infrastructure Leasing & Financial Services 2027 IODS 1,493.00 26/09/2017 CARE AAA D 30/09/2018  
127 7.85%INFRASTRUCTURE LEASING & FINANCIAL SERVICES LTD-2022 IODS 2,500.00 03/11/2017 CARE AAA D 30/09/2018  
128 7.85%INFRASTRUCTURE LEASING & FINANCIAL SERVICES LTD-2022 IODS 1,499.00 22/11/2017 CARE AAA D 30/09/2018  
129 7.80% IL&FS Financial Services 2024 OLDB 2,484.00 09/11/2017 CARE AAA D 30/09/2018  
130 7.77% Indiabulls Housing Finance Ltd. -2022 HTDA 2,500.00 10/11/2017 ICRA AAA AA 24/02/2020  
131 8.30% IL & FS 2023 IODS 2,500.00 15/01/2018 CARE AAA D 30/09/2018  
132 8.30% Infrastructure Leasing & Financial Services Ltd-2023 IODS 2,498.00 18/01/2018 CARE AAA D 30/09/2018  
133 8.30% Infrastructure & Leasing Finance Services Ltd. - 2023 IODS 2,494.00 07/02/2018 CARE AAA D 30/09/2018  
134 8.45%Infrastructure Leasing &Financial Services Ltd. IODS 2,500.00 16/03/2018 CARE AAA D 30/09/2018  
135 8.75% IL&FS Financial Services –2023 OLDB 2,500.00 03/04/2018 CARE AAA D 30/09/2018  
136 7.80% IL&FS –2020 IODS 2,469.00 11/04/2018 CARE AAA D 30/09/2018  
137 7.80% IL&FS –2020 IODS 2,452.00 04/05/2018 CARE AAA D 30/09/2018  
138 7.80% IL&FS –2020 IODS 1,956.00 11/05/2018 CARE AAA D 30/09/2018  
139 8.90%INFRASTRUCTURE LEASING & FINANCIAL SERVICES LTD.-2023 IODS 2,494.00 21/05/2018 CARE AAA D 30/09/2018  
140 9.05% Infrastructure Leasing and Financial Services Ltd.2023 IODS 1,488.00 29/06/2018 CARE AAA D 31/12/2018  
141 7.40% Indian Renewable energy Development Agency(IREDA)2030. IPTD 2,500.00 04/03/2020 FITCH AAA AA+ 01/09/2020  
142 7.40% Indian Renewable energy Development Agency(IREDA)2030. IPTD 2,500.00 05/03/2020 FITCH AAA AA+ 01/09/2020  
143 7.40% Indian Renewable energy Development Agency(IREDA)2030. IPTD 2,500.00 13/03/2020 FITCH AAA AA+ 01/09/2020  
144 7.40% Indian Renewable energy Development Agency(IREDA)2030. IPTD 2,500.00 16/03/2020 FITCH AAA AA+ 01/09/2020  
145 7.40% Indian Renewable energy Development Agency(IREDA)2030. IPTD 2,000.00 19/03/2020 FITCH AAA AA+ 01/09/2020  
146 7.740% IREDA 2030 IPTD 5,010.00 13/05/2020 FITCH AAA AA+ 01/09/2020