Nippon Life India Asset Management Limited — Others, 20-06-2025: Portfolio

Nippon India Mutual Fund’s portfolio disclosures as of June 15, 2025, show diversified investments across various debt and hybrid schemes. The Corporate Bond Fund primarily holds AAA-rated non-convertible debentures and government securities, with the largest allocations in National Bank for Agriculture and Rural Development and Small Industries Dev Bank of India paper. Income and Short Term Funds concentrate on government securities and AAA-rated debt with medium-to-short durations. The Ultra Short Duration Fund invests mainly in government securities and money market instruments, maintaining moderate interest rate risk. Hybrid and Retirement Funds feature a mix of equity holdings in major banks and corporates along with predominantly high-grade debt. Several schemes hold segregated and illiquid exposures due to Yes Bank’s downgrade. The portfolios emphasize high credit quality with heavy exposure to sovereign and AAA-rated securities, maintaining stable yields across categories.