FORM NL-32-STATEMENT OF DOWN GRADED INVESTMENTS















































Registration Number: 111











Statement as on: 31.03.2023


Name of Fund







Statement of Down Graded Investments










Periodicity of Submission: Half Yearly




















(Amount in Rs. Lakhs)














Sr No Security ID Particulars of Investments Product Type IRDA Code Purchase Amount Date of Purchase Rating Agency Original Grade Current Grade Date of Downgrade Remarks Flag
A
During the Half Year

0.00






1 0000000013912 8.80% Oriental insurance co. 2029 04I ORAD 10,000.00 3/19/2019 ICRA AAA AA+ 11/15/2022
D
B
As on Date

0.00






1 0000000012264 10.50% Sec.Red.NC Gammon India Ltd. 04I IORD 1,440.00 5/7/2009 CARE AA D 12/31/2014
D
2 0000000012271 13%Sec Red NCDs of Era Infra Engineering Ltd 04I ORAD 2,000.00 6/5/2009 CARE A D 12/31/2013
D
3 0000000012384 11.15% Sec.Red.NCD -Era Infra Engineering Ltd. 04I ORAD 1,000.00 2/27/2010 CARE A D 12/31/2013
D
4 0000000012403 9.20% Sec.NCD Infrastructure Leasing & Financial Services* 04I IORD 1,000.00 3/22/2010 CARE AAA D 9/30/2018
D
5 0000000012429 9.50% Gammon India-NCD (Put option-18.6.2017)-2020 04I IORD 1,920.00 6/18/2010 CARE AA D 3/31/2015
D
6 0000000012515 11.25%Elder Pharma NCDs-2018 04I ORAD 779.14 3/30/2011 CARE A+ D 6/30/2013
D
7 0000000012519 10.25% Amtek Auto 2015- 04I ORAD 6,000.00 4/19/2011 CARE AA AA- 6/30/2015
D
8 0000000012565 10.50% Reliance capital Ltd.2021 04I ORAD 1,500.00 7/15/2011 BRICKWORK AA+ D 9/26/2019
D
9 0000000012570 9.68% Infrastructure leasing & Finance Co.Ltd.2021 04I IORD 1,500.00 8/4/2011 FITCH AAA D 9/30/2018
D
10 0000000012611 10.75% Reliance Capital - 2021 NCDs 04I ORAD 1,500.00 11/1/2011 BRICKWORK AA+ D 9/26/2019
D
11 0000000012639 10.75% Reliance Capital 2021 04I ORAD 2,000.00 12/21/2011 BRICKWORK AA+ D 9/26/2019
D
12 0000000012643 10.60% Reliance Capital 2022 NCDs 04I ORAD 1,000.00 1/6/2012 CARE AA+ D 9/23/2019
D
13 0000000012661 9.82% Infrastructure Leasing & Financial Services Ltd. 2022 04I IORD 1,000.00 1/31/2012 CARE AAA D 9/30/2018
D
14 0000000012665 10.75% Reliance Capital 2021 -Unsecured 04I ORAD 2,000.00 2/17/2012 BRICKWORK AA+ D 9/26/2019
D
15 0000000012673 10.60% Reliance Capital NCDs -2022 04I ORAD 1,500.00 3/7/2012 BRICKWORK AA+ D 9/26/2019
D
16 0000000012682 10.30% IL&FS Financial Services Ltd. 04I ORAD 1,000.00 4/10/2012 CARE AAA D 9/30/2018
D
17 0000000012695 9.80% Infrastructure Leasing & Financial Services Ltd. 04I IORD 1,500.00 6/5/2012 CARE AAA D 9/30/2018
D
18 0000000012739 10.20% Reliance Capital 2022 04I ORAD 3,000.00 8/29/2012 CARE AAA D 9/23/2019
D
19 0000000012789 9.95% RELIANCE CAPITAL 2022 04I ORAD 5,000.00 12/5/2012 CARE AAA D 9/30/2019
D
20 0000000012792 10.75% Simplex Infra Ltd 2022 (put/Call 06.12.2019) 04I IORD 1,500.00 12/11/2012 CARE AA D 12/12/2019
D
21 0000000012802 9.40%INFRASTRUCTURE LEASING AND FINANCIAL.-2022 Sec Red NCD. 04I IORD 2,000.00 1/3/2013 FITCH AAA D 9/30/2018
D
22 0000000012818 10.25% Reliance Capital Sec NCDs -2022 04I ORAD 1,500.00 1/29/2013 CARE AAA D 9/30/2019
D
23 0000000012829 9.90% RELIANCE CAPITAL SEC NCD 2023 04I ORAD 5,000.00 2/14/2013 CARE AAA D 9/30/2019
D
24 0000000012878 9.90% Indiabulls Housing Finance Ltd Unsec 2023 04I HTDA 2,468.00 6/20/2013 CARE AA+ AA 2/17/2020
D
25 0000000012879 7.98% IDFC FIRST BANK LIMITED 2023 SEC NCD 04I ICTD 1,976.00 6/28/2013 ICRA AAA AA 6/30/2019
D
26 0000000012909 10.50% SHRIRAM TRANSPORT FINANCE CO. LTD 2023 SEC NCD 04I ECOS 1,490.25 8/21/2013 CRISIL AA+ AA 12/31/2013
D
27 0000000012935 10.25% Indiabulls Housing Finance Ltd. 2023 Sec NCD 04I HTDA 2,500.00 10/11/2013 CARE AA+ AA 2/17/2020
D
28 0000000012965 10.20% Indiabulls Housing Finance Ltd.Dec. 2023 Sec NCD. 04I HTDA 2,500.00 12/27/2013 CARE AA+ AA 2/17/2020
D
29 0000000012967 9.63% IDFC FIRST BANK LTD 2024 SEC NCD 04I ICTD 2,500.00 1/7/2014 ICRA AAA AA 6/30/2019
D
30 0000000012978 9.95% IL& FS LTD. 2021 SEC NCD 04I IORD 2,000.00 2/7/2014 CARE AAA D 9/30/2018
D
31 0000000013003 10.15% INDIABULLS HOUSING FINANCE LTD 2024 SEC NCD 04I HTDA 2,500.00 6/19/2014 CARE AA+ AA 2/17/2020
D
32 0000000013022 10.15% INDIABULLS HOUSING FINANCE LTD 2024 SEC NCD 04I HTDA 2,500.00 7/9/2014 CARE AA+ AA 2/17/2020
D
33 0000000013027 9.50%INFRASTRUCTURE LEASING & FIN.SERVICES LTD.-2024-SEC NCD 04I IORD 2,500.00 8/1/2014 CARE AAA D 9/30/2018
D
34 0000000013028 9.42% RELIANCE CAPITAL LTD 2024 04I ORAD 4,000.00 8/5/2014 CARE AAA D 9/30/2019
D
35 0000000013030 9.30%IDFC FIRST BANK LIMITED - 07.08.2024 04I ICTD 2,500.00 8/11/2014 ICRA AAA AA 6/30/2019
D
36 0000000013034 9.55%INFRASTRUCTURE LEASING & FIN.SERVICES LTD.-2024-SEC NCD 04I IORD 2,000.00 8/19/2014 FITCH AAA D 9/30/2018
D
37 0000000013050 10.10% RELIANCE CAPITAL LTD 2022 NCD 04I ORAD 500.00 9/12/2014 CARE AAA D 9/30/2019
D
38 0000000013052 9.38%IDFC FIRST BANK LIMITED.10.09.2024 04I ICTD 2,000.00 9/16/2014 ICRA AAA AA 6/30/2019
D
39 0000000013069 9.32% RELIANCE CAPITAL LIMITED - 2024 04I ORAD 2,000.00 11/21/2014 CARE AAA D 9/30/2019
D
40 0000000013079 9.20% INDIA BULL HOUSING FINANCE -2024 04I HTDA 2,500.13 12/19/2014 CARE AAA AA 2/17/2020
D
41 0000000013085 9.20% INDIA BULL HOUSING FINANCE - 2024 04I HTDA 2,500.13 1/7/2015 CARE AAA AA 2/17/2020
D
42 0000000013087 10.50% AMTEK AUTO LIMITED - 2020 04I OLDB 2,591.60 1/9/2015 CARE AA D 12/31/2015
D
43 0000000013129 9.80%AADHAR HOUSING FINANCE LTD. 2025 04I HTDA 2,500.00 3/25/2015 CARE AA+(SO) AA 3/31/2019
D
44 0000000013149 8.70%IDFC FIRST BANK LTD. 2025 04I ICTD 1,500.00 5/25/2015 ICRA AAA AA 6/30/2019
D
45 0000000013156 9.98% INFRASTRUCTURE LEASING & FINANCIAL SERVICES LTD. 2021 04I IORD 2,000.00 5/28/2015 ICRA AAA D 9/30/2018
D
46 0000000013163 9.00% INDIABULLS HOUSING FINANCE LTD - 2025 04I HTDA 2,500.00 6/12/2015 CARE AAA AA 2/17/2020
D
47 0000000013185 8.75% INFRASTRUCTURE LEASING & FINANCIAL SERVICES LTD. 2020 04I IORD 2,000.00 8/3/2015 CARE AAA D 9/30/2018
D
48 0000000013254 8.58% INFRASTRUCTURE & LEASING FINANCIAL SERVICES LTD. 2018 04I IORD 2,500.00 12/4/2015 CARE AAA D 9/30/2018
D
49 0000000013256 9.40%IDFC FIRST LIMITED 2025(FORMERLY CAPITAL FIRST ) 04I ORAD 2,502.22 12/8/2015 CARE AA+ AA 10/9/2020
D
50 0000000013276 8.65%INFRASTRUCTURE LEASING & FINANCIAL SERVICES LTD. 2020 04I IORD 2,500.00 12/23/2015 CARE AAA D 9/30/2018
D
51 0000000013318 9.50% ECL FINANCE LTD. - 2026 04I ORAD 4,000.00 3/18/2016 BRICKWORK AA+ AA- 11/11/2020
D
52 0000000013324 9.40%IL&FS TRANSPORTATION 04I IORD 2,500.00 4/13/2016 CARE AAA D 12/31/2018
D
53 0000000013381 8.90%INDIABULLS HOUSING FINANCE LTD. - 2026 04I HTDA 2,491.25 7/26/2016 CARE AAA AA 2/17/2020
D
54 0000000013388 9.10% Reliance General Insurance Co. Ltd. 2026 04I ORAD 2,000.00 8/18/2016 CARE AA A 4/3/2020
D
55 0000000013393 9.28% IL&FS Transportation Networks Ltd - 2021 04I IORD 5,000.00 8/26/2016 CARE AA+ D 12/31/2018
D
56 0000000013401 8.90% Reliance Capital Ltd., - 2021 04I ORAD 2,500.00 9/14/2016 BRICKWORK AAA D 9/26/2019
D
57 0000000013402 9.00% Reliance Capital Ltd.,-2026 04I ORAD 2,000.00 9/15/2016 BRICKWORK AAA D 9/26/2019
D
58 0000000013404 8.75% IDFC FIRST BANK LIMITED 2026(FORMERLY CAPITAL FIRST) 04I ORAD 2,500.00 9/22/2016 CARE AA+ AA 10/9/2020
D
59 0000000013410 9.00% INDIABULLS HOUSING FINANCE LTD - 2026 04I HTDA 2,502.62 9/30/2016 CARE AAA AA 2/17/2020
D
60 0000000013492 8.25% Sec.NCD Reliance Capital 2020, Series II 04I ORAD 1,500.00 2/16/2017 BRICKWORK AAA D 9/26/2019
D
61 0000000013520 8.35% NATIONAL INSURANCE CO. LTD. - 2027 UNSECURED 04I ORAD 7,500.00 3/29/2017 ICRA AA+ A+ 10/19/2020
D
62 0000000013528 8.45% IDFC FIRST LIMITED 2024 (FORMERLY CAPITAL FIRST ) 04I ORAD 2,000.00 5/5/2017 CARE AA+ AA 10/9/2020
D
63 0000000013537 8.06% Infrastructure Leasing &Financial services Ltd.May2022 04I IORD 1,500.00 5/16/2017 CARE AAA D 9/30/2018
D
64 0000000013579 7.50% ILFS NCD - 2020 04I IORD 2,500.00 8/8/2017 CARE AAA D 9/30/2018
D
65 0000000013586 7.60% Infrastructure Leasing & Financial Services SEC. 2020 04I IORD 2,500.00 8/23/2017 FITCH AAA D 9/30/2018
D
66 0000000013595 7.85% Infrastructure Leasing & Financial Services 2027 04I IORD 1,492.50 9/26/2017 CARE AAA D 9/30/2018
D
67 0000000013606 7.85%INFRASTRUCTURE LEASING & FINANCIAL SERVICES LTD-2022 04I IORD 4,000.00 11/3/2017 CARE AAA D 9/30/2018
D
68 0000000013609 7.80% IL&FS Financial Services 2024 04I ORAD 1,838.97 11/9/2017 CARE AAA D 9/30/2018
D
69 0000000013646 8.30% IL & FS 2023 04I IORD 2,500.00 1/15/2018 CARE AAA D 9/30/2018
D
70 0000000013647 8.30% Infrastructure Leasing & Financial Services Ltd-2023. 04I IORD 2,500.00 1/18/2018 CARE AAA D 9/30/2018
D
71 0000000013665 8.30% Infrastructure & Leasing Finance Services Ltd. - 2023 04I IORD 2,493.75 2/7/2018 CARE AAA D 9/30/2018
D
72 0000000013704 8.45%Infrastructure Leasing &Financial Services Ltd. 04I IORD 2,500.00 3/16/2018 CARE AAA D 9/30/2018
D
73 0000000013715 8.75% IL&FS Financial Services –2023 04I ORAD 1,826.06 4/3/2018 CARE AAA D 9/30/2018
D
74 0000000013723 7.80% IL&FS –2020 04I IORD 7,000.00 4/11/2018 CARE AAA D 9/30/2018
D
75 0000000013741 8.90%INFRASTRUCTURE LEASING & FINANCIAL SERVICES LTD.-2023 04I IORD 2,493.75 5/21/2018 CARE AAA D 9/30/2018
D
76 0000000013768 9.05% Infrastructure Leasing and Financial Services Ltd.2023 04I IORD 1,488.00 6/29/2018 CARE AAA D 12/31/2018
D
77 0000000013912 8.80% Oriental insurance co. 2029 04I ORAD 10,000.00 3/19/2019 ICRA AAA AA+ 11/15/2022
D
78 0000000014104 7.40% Indian Renewable energy Development Agency(IREDA)2030. 04I IPTD 12,000.00 3/4/2020 FITCH AAA AA+ 9/1/2020
D
79 0000000014132 7.740% IREDA 2030 04I IPTD 5,007.12 5/13/2020 FITCH AAA AA+ 9/1/2020
D





218,301.49




















Note:











1 Provide details of Down Graded Investments during the Quarter.










2 Investments currently upgraded, listed as Down Graded during earlier Quarter shall be deleted from the Cumulative listing.










3 FORM shall be prepared in respect of each fund.










4 Category of Investment (COI) shall be as per Guidelines issued by the Authority










5 Investment Regulations, as amended from time to time, to be referred