Factsheet as on July 31, 2020
 

Factsheet as on July 31, 2020

Glossaries

 Benchmark:

The benchmark indices considered for different categories are as follows:

CategoryIndex
Dynamic Debt (Medium to Long Duration/ Dynamic Bond/Gilt) Crisil Composite Bond Fund Index & The CCIL All Sovereign Bonds Index
Medium & Credit Risk Funds (Medium Duration/Credit Risk) Crisil Short Term Bond Fund Index
Conservative Hybrid Funds NIFTY 50 Hybrid Composite Debt 15:85 Index
Short Term 1-3 yrs (Corporate Bond/ Banking & PSU/Short Duration) Crisil Short Term Bond Fund Index

 Year on Year Performance:

CYTD Performance is from 1st Jan to 31st July of 2020

 CYTD20

Performance is from 31/12/2019 to 31/7/2020

 Credit Quality:

SovereignPapers issued by the Government of India or State Government.
AAA/P1+ & Equi A1+, AAA, AAA(SO), AAA+ & Equivalent
AA+, AA, AA- AA+, AA, AA-
A+ & Below A+ and all papers rated below A+ i.e. A, A-, A1 etc.
Unrated & Not Disclosed Unrated & Not Disclosed
Cash & Equi Cash and Equivalent


 Instrument Allocation:

GOI/SDL Govt of India Securities or State Govt. Securities
SO Structured obligations like ABS/MBS/PTC.
Bonds/Debentures Bonds, Debentures and zero coupon bonds
Money MarketCommercial Deposits, Commercial Papers, T-Bills, Bills rediscounted etc.
Cash Cash, Current Assets, Fixed Deposits, Mutual Fund Debt, Money Market, Net receivable/payable, Repo/Reverse Repo etc.


 Allocation (Maturity wisw):

Allocation of the fund in different maturity buckets i.e. < 1 Year, 1-3 years, 3-5 years, 5-10 years and >10 years

Source: MFI Explorer

 Equity MF SEBI Categories:

SEBI Equity MF Categories Definition Consolidated Equity MF Categorization
Large Cap min 80% in large caps Large Cap
Index Funds Min 95% in securities of a particular index (which is being replicated/ tracked)
ETFs (other than gold) Min 95% in securities of a particular index (which is being replicated/ tracked)
Large & Mid Cap min 35% in large caps, min 35% in mid caps Large & Mid Cap
Mid Cap min 65% in mid caps Mid & Small Cap (Mid Cap/Small Cap)
Small Cap min 65% in small caps
Multi Cap min 65% in equity Multi Cap (Multi Cap/ Value/ Focused/ Dividend Yield/ Contra)
Dividend Yield min 65% in Div Yield cos
Value min 65% in Value strategy cos
Contra min 65% in Contra strategy cos
Focused Fund max 30 stocks, min 65% equity
Sectoral / Thematic min 80% in that sector / theme  Sectoral / Thematic
ELSS min 80% in equity ELSS


 Hybrid MF SEBI Categories:

Equity Savings Minimum 65% in equity and minimum 10% in debt. Equity Savings
Minimum hedged & unhedged to be stated in the SID
Dynamic Asset Allocation or Balanced Advantage Investment in equity/ debt that is managed dynamically Balanced Advantage  (Balanced Advantage OR Dynamic Asset Allocation)
Aggressive Hybrid Fund 65-80% in equity: 20-35% in debt Aggressive Hybrid


 Debt MF SEBI Categories:

SEBI Debt MF Categories Definition Consolidated Debt MF Categorization
Overnight Fund Securities having maturity of 1 day Liquid (Overnight, Liquid)
Liquid Fund Securities with maturity of upto 91 days only
Money Market Fund Money Market instruments having maturity upto 1 year Money, Ultra & Low Duration (3 -12M) (Ultra Short Duration/Low Duration/ Money Market/Floater)
Floater Fund Minimum 65% in floating rate instruments
Ultra Short Duration Fund Macaulay duration of the portfolio is between 3 months-6 months
Low Duration Fund Macaulay duration of the portfolio is between 6 months-12 months
Short Duration Fund Macaulay duration of the portfolio is between 1 year-3 years Short  Term (1-3 Yrs) (Corporate Bond/ Banking & PSU/Short Duration)
Corporate Bond Fund Minimum 80% in AA+ or above rated bonds
Banking and PSU Fund Minimum 80% in PSU, PFI bonds
Medium Duration Fund Macaulay duration of the portfolio is between 3 year - 4 years (1-4 years*) Medium & Credit Risk (Medium Duration/Credit Risk)
Credit Risk Fund Minimum 65% in AA or lower rated bonds
Dynamic Bond Investment across duration Dynamic Debt (Medium to Long Duration/ Dynamic Bond/Gilt)
Gilt Fund Minimum 80% in G-Secs
Medium to Long Duration Fund Macaulay duration of the portfolio is between 4 years - 7 years (1-7 years*)
Long Duration Fund Macaulay duration of the portfolio is greater than 7 years Long Duration (7 Yrs+)
Gilt Fund with 10 year constant duration G-Secs having a constant maturity of 10 years

*in case of adverse market conditions








Source: Investopedia, Wikipedia and MFI Explorer