unconditional and irrevocable guarantee

Transcription

1 Registered Address: 27 BKC, Plot No. C-27, G-Block, Bandra Kurla Complex, Bandra East, Mumbai Telephone: mutual@kotak.com Website: Investors are requested to note that the soft copy of the half yearly unaudited financial results of the Schemes for the period ended 31st March, 2017 have been disclosed on the website of the Mutual (assetmanagement.kotak.com). The unaudited financial results and portfolio of schemes for the period ended on that date, together with the notes thereto, were approved by the Board of Kotak Mahindra Trustee Company Limited and by the Board of Kotak Mahindra Asset Management Company Limited at their meetings held on 22nd April, Half Yearly Portfolio of the Schemes / Plans as on 31st March, 2017 (Unaudited) Kotak Income Opportunities 7.70% Tata Power Company Ltd.(^) INE245A08083 ICRA AA , % HPCL Mittal Pipelines Ltd. INE803N07043 ICRA AA , % Reliance Jio Infocomm Limited(^) INE110L08037 CRISIL AAA , % DLF Emporio Ltd INE866N07016 CRISIL AA , % Au Financiers (India) Limited INE949L07345 FITCH IND A , % India Infoline Housing Finance Ltd.(^) INE477L07610 ICRA AA , % Nirma Ltd. INE091A07174 CRISIL AA , % Vedanta Ltd. (^) INE205A07105 CRISIL AA , % Nirchem Cement Ltd. INE548V07039 CRISIL AA 900 9, % Dewan Housing Finance INE202B07FG5 CARE AAA 900 9, % Nirma Ltd. INE091A07158 CRISIL AA 800 8, % Tata Power Company Ltd. INE245A08042 CRISIL AA , % Prestige Estates Projects Limited INE811K07026 ICRA A+ 75 7, % Tata Steel Limited INE081A08215 BRICKWORK 750 7, BWR AA 12.65% Janalakshami INE953L07271 ICRA A , % Indiabulls Housing Finance Ltd. INE148I07FU6 CARE AAA , % Union of India INE692A08029 CARE AA 650 6, % Reliance Ports And Terminals Ltd. INE941D07158 CRISIL AAA 600 5, % ECL Finance Limited INE804I07I30 ICRA AA 500 5, % Edelweiss Agri Value Chain Ltd. INE616U07010 CARE 500 5, (Unconditional and irrevocable guarantee from Edelweiss ) 8.65% Indiabulls Housing Finance Ltd. INE148I07FL5 CARE AAA 500 5, % LIC Housing Finance Ltd. INE115A07JD0 CARE AAA 500 5, % AXIS Ltd. INE238A08427 CRISIL AA 450 4, % of India INE084A08078 CRISIL A , FRD Tata Power Renewable Energy Ltd. INE607M08022 CARE 410 4, % ECL Finance Limited INE804I07ZJ5 CARE AA , % Janalakshami INE953L07115 ICRA A , % Vedanta Ltd. INE268A07145 CRISIL AA , % Asirvad Microfinance Pvt. Ltd. INE516Q07150 CRISIL A , (85% subsidiary of Manappuram Finance Ltd.) 9.91% Dalmia Cement (Bharat) Ltd INE755K07199 ICRA AA 330 3, % ECL Finance Limited INE804I07I22 ICRA AA 300 3, % Vedanta Ltd. INE268A07111 CRISIL AA , % Shriram Transport Finance Co Ltd. INE721A07HH0 CRISIL AA , % Oriental of Commerce INE141A08027 ICRA A , % Janalakshami INE953L07107 ICRA A+ 25 2, % Manappuram Finance Ltd INE522D07867 CRISIL AA , % Kolte-Patil Developers Limited INE094I07015 CRISIL A , % Of Baroda INE028A08075 CARE AA 250 2, % PNB Housing Finance Ltd. INE572E09395 CARE AAA 250 2, % Muthoot Finance Ltd INE414G07BR1 CRISIL AA , % Syndicate INE667A08070 CARE AA , % HDFC Ltd. INE001A07PW9 CRISIL AAA 20 1, % HPCL Mittal Pipelines Ltd. INE803N07035 ICRA AA 105 1, % Reliance Jio Infocomm Limited INE110L08060 CRISIL AAA 150 1, % Nabha Power Ltd. (backed by INE445L08128 ICRA AAA 150 1, % Essel Lucknow Raebareli INE465N07207 CARE AAA 140 1, Toll Roads Limited 9.10% SP Jammu Udhampur Highway Ltd. INE923L07100 ICRA AAA 131 1, % SP Jammu Udhampur Highway Ltd. INE923L07092 ICRA AAA 122 1, guarantee of Shapoorji Pallonji & Co Pvt Ltd) 10.00% Allahabad INE428A09067 CRISIL AA , % Power Finance INE134E08GE5 CRISIL AAA 100 1, % FAMILY CREDIT LTD INE523E07DQ2 CARE AA+ 40 1, % of India INE084A08052 BRICKWORK BWR AA- 9.14% Konkan Railway INE139F07030 ICRA AAA % Indostar Capital Finance Pvt. Ltd. INE896L07249 CARE AA % LIC Housing Finance Ltd. INE115A07DD3 CRISIL AAA % HDFC Ltd. INE001A07FW0 CRISIL AAA % HDFC Ltd. INE001A07FR0 CRISIL AAA Total 273, % K Raheja IT Park (Hyderabad) Ltd. INE688T07011 FITCH IND , % Vodafone Mobile Services Ltd. INE713G08038 CRISIL AA 850 8, % Piramal Finance Limited INE140A07146 ICRA AA 850 8, % HPCL Mittal Energy Ltd. INE137K07026 ICRA AA 530 8, % HPCL Mittal Energy Ltd. INE137K07034 ICRA AA 500 7, % Karelides Traders Private Ltd. INE479R07027 ICRA AA , undertaking by a wholly owned subsidiary of Piramal Enterprises Ltd.) FRD Shriram Transport Finance Co Ltd. INE721A07JB9 FITCH IND AA , ZCB Bhanu Vyapaar Private Limited INE575S07020 FITCH IND AA , Emami Ltd ) ZCB SBK Properties Pvt Ltd. INE729R08015 ICRA AA , (Guaranteed by a Kalyani Group Company) ZCB Continental Drug Company Pvt. Ltd. INE582R07051 BRICKWORK 14 1, BWR A+ Zee Enterprises Ltd) 10.35% Mandava Holdings Pvt. Ltd. INE689L07057 ICRA AAA undertaking by Axis Capital ) Total 60, CP S D Corporation Private Limited INE660N14878 CARE A1+(SO) 900 4, guarantee of Shapoorji Pallonji & Co Pvt Ltd) CP HDFC Ltd. INE001A14PR5 ICRA A Total 5, CCIL 8, Total 8, Net Current Assets/(Liabilities) 14, Grand Total 362, Average Maturity of the portfolio : 2.60 Years 3. (^) Fully or Partly blocked against Interest Rate Swap (IRS) 4. Hedging Positions through swaps as on 31 March 2017 in Underlying 7.70% Tata Power 02-Aug-2019 & 07.50% Vedanta Ltd 29/11/2019 (L) & 09.25% Reliance Jio Infocomm Ltd. 16/06/2024 of Notional Value Rs Pay Fixed (Swap residual maturity 703 days) & Receive Floating (Daily Reset) 5. Hedging Positions through swaps as on 31 March 2017 in Underlying 9.50% India Infoline Hous. FiN Ltd-Sr-A10- Option 1 22/07/2019 of Notional Value Rs Pay Fixed (Swap residual maturity 703 days) & Receive Floating (Daily Reset) 6. ** Thinly traded/non-traded securities- Fair value as determined by Kotak Mahindra Asset Management Company Kotak FMP Series 107 Name of Instrument (Rs.in Lakhs) Assets Collateral Borrowing & Lending obligation Total Net Current Assets/(Liabilities) Grand Total Kotak Bond Short Term Plan 7.95% Power Finance INE134E08IF8 CRISIL AAA , % Mahindra & Mahindra INE774D07QB7 FITCH IND AAA , ZCB LIC Housing Finance Ltd. INE115A07FT4 CRISIL AAA , % ONGC Manglore INE053T07026 FITCH IND AAA , Petrochemicals Ltd. 8.34% HDFC Ltd.(^) INE001A07OU6 CRISIL AAA , % Small Industries Development INE556F09601 CARE AAA , of India. 8.30% Nabha Power Ltd. ( backed by INE445L08318 ICRA AAA , by Larsen & Toubro Ltd ) (^) 9.81% Power Finance INE134E07406 CRISIL AAA , % Power Finance INE134E08HO2 CRISIL AAA , % Nabha Power Ltd. ( backed INE445L08326 ICRA , by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) (^) 7.70% Kotak Mahindra Prime Ltd. INE916DA7MS1 CRISIL AAA , % Mahindra & Mahindra INE774D07PF0 FITCH IND AAA , % Bajaj Finance Limited INE296A07LN3 FITCH IND AAA , % Reliance Jio Infocomm Limited(^) INE110L07021 CRISIL AAA , % Reliance Jio Infocomm Limited INE110L07054 CRISIL AAA , % Reliance Jio Infocomm Limited INE110L07062 CRISIL AAA , % ONGC Manglore Petrochemicals Ltd. INE053T07018 FITCH IND AAA , % Kotak Mahindra Prime Ltd. INE916DA7LJ2 CRISIL AAA , % Fullerton India Credit Co. Ltd.(^) INE535H07928 CARE AAA , % Rural Electrification INE020B08856 CRISIL AAA , % Mahindra & Mahindra INE774D07QE1 FITCH IND AAA , (^) 8.65% Kotak Mahindra Prime Ltd. INE916DA7LL8 CRISIL AAA 885 8, % Indiabulls Housing Finance Ltd. INE148I07FU6 CARE AAA , % Reliance Jio Infocomm Limited INE110L07070 CRISIL AAA 800 8, % PNB Housing Finance Ltd. INE572E09395 CARE AAA 800 8, % Kotak Mahindra Prime Ltd. INE916DA7LX3 CRISIL AAA 800 8, % National for Agriculture & INE261F08592 CRISIL AAA 755 7, % Nabha Power Ltd. (backed by INE445L08292 ICRA AAA 750 7, by Larsen & Toubro Ltd ) 6.54% Export-Import of India. INE514E08FI1 CRISIL AAA 770 7, % HDB INE756I07696 CRISIL AAA 750 7, % Indiabulls Housing Finance Ltd. INE148I07FL5 CARE AAA 750 7, % Small Industries Development INE556F09593 CARE AAA 705 7, of India. 8.25% Kotak Mahindra Prime Ltd. INE916DA7LQ7 CRISIL AAA 710 7, % National for Agriculture & INE261F08600 CRISIL AAA 650 6, % LIC Housing Finance Ltd.(^) INE115A07EV3 CRISIL AAA 600 6, % Kotak Mahindra Prime Ltd. INE916DA7LC7 CRISIL AAA 500 5, % Kotak Mahindra Prime Ltd. INE916DA7LW5 CRISIL AAA 500 5, % LIC Housing Finance Ltd. INE115A07FB2 CRISIL AAA 450 4, % HDB INE756I07548 CRISIL AAA 430 4, ZCB LIC Housing Finance Ltd. INE115A07IV4 CRISIL AAA 350 3, % Export-Import of India. INE514E08DD7 CRISIL AAA 350 3, % Mahindra & Mahindra INE774D07OA4 FITCH IND AAA 250 2, % Rural Electrification INE020B08971 CRISIL AAA 250 2, % Nabha Power Ltd. (backed by INE445L08284 ICRA 250 2, % Power Finance INE134E08HN4 CRISIL AAA 180 1, % LIC Housing Finance Ltd. INE115A07FE6 CRISIL AAA 175 1, % Indian Railway INE053F07850 CRISIL AAA 125 1, Finance 9.45% Dewan Housing Finance INE202B07FG5 CARE AAA 100 1, ZCB LIC Housing Finance Ltd. INE115A07EQ3 CRISIL AAA % East-North Interconnection INE556S07079 CRISIL Company Limited 7.88% Power Finance INE134E08HY1 CRISIL AAA % HDFC Ltd. INE001A07PW9 CRISIL AAA % Power Finance INE134E08FE7 CRISIL AAA % Power Finance INE134E08IA9 CRISIL AAA % IOT Utkal Energy Services Ltd. INE310L07308 CRISIL % IOT Utkal Energy Services Ltd. INE310L07282 CRISIL % IOT Utkal Energy Services Ltd. INE310L07324 CRISIL % IOT Utkal Energy Services Ltd. INE310L07316 CRISIL % Rural Electrification INE020B08823 CRISIL AAA % Steel Authority of India Ltd. INE114A07927 FITCH IND AA % IOT Utkal Energy Services Ltd. INE310L07522 CRISIL % IOT Utkal Energy Services Ltd. INE310L07654 CRISIL % IOT Utkal Energy Services Ltd. INE310L07647 CRISIL % IOT Utkal Energy Services Ltd. INE310L07597 CRISIL % IOT Utkal Energy Services Ltd. INE310L07589 CRISIL % IOT Utkal Energy Services Ltd. INE310L07571 CRISIL % IOT Utkal Energy Services Ltd. INE310L07563 CRISIL % IOT Utkal Energy Services Ltd. INE310L07548 CRISIL % IOT Utkal Energy Services Ltd. INE310L07530 CRISIL % Rural Electrification INE020B08773 CRISIL AAA % IOT Utkal Energy Services Ltd. INE310L07704 CRISIL % IOT Utkal Energy Services Ltd. INE310L07696 CRISIL % IOT Utkal Energy Services Ltd. INE310L07720 CRISIL % IOT Utkal Energy Services Ltd. INE310L07688 CRISIL % IOT Utkal Energy Services Ltd. INE310L07712 CRISIL % IOT Utkal Energy Services Ltd. INE310L07670 CRISIL % IOT Utkal Energy Services Ltd. INE310L07662 CRISIL % IOT Utkal Energy Services Ltd. INE310L07605 CRISIL % IOT Utkal Energy Services Ltd. INE310L07738 CRISIL % LIC Housing Finance Ltd. INE115A07EY7 CRISIL AAA % HDFC Ltd. INE001A07MG9 CRISIL AAA % Bajaj Finance Limited INE296A07IZ3 FITCH IND AAA % HDFC Ltd. INE001A07LJ5 CRISIL AAA % Steel Authority of India Ltd. INE114A07893 FITCH IND AA % Mahindra & Mahindra INE774D07LV6 FITCH IND AAA % IOT Utkal Energy Services Ltd. INE310L07290 CRISIL % Power Finance INE134E08FK4 CRISIL AAA Total 564, % BMW India Financial Services Pvt. Ltd. INE735N08045 CRISIL AAA , % Tata Sons Ltd. INE895D08741 CRISIL AAA 750 7, Total 17, % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , Kotak Bond Short Term Plan (continued) 8.53% Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV # Total 104, CD IndusInd Ltd. INE095A16TG7 CRISIL A , CD IndusInd Ltd. INE095A16VJ7 CRISIL A Total 3, Net Current Assets/(Liabilities) 40, Grand Total 731, Average Maturity of the portfolio : 2.42 Years 3. (^) Fully or Partly blocked against Interest Rate Swap (IRS) 4. Hedging Positions through swaps as on 31 March 2017 in Underlying 9.60% LIC Housing Fin (Tranche-206)- 22/01/2019 (L) & 8.30% Nabha Power Ltd 05/07/2019 & 7.43% Mah & Mah Fin Serv Ltd. 28/11/2019 of Notional Value Rs Pay Fixed (Swap residual maturity 703 days) & Receive Floating (Daily Reset) 5. Hedging Positions through swaps as on 31 March 2017 in Underlying 8.34% HDFC Ltd- (Series P- 008 ) 06/03/2019 (L) (Put 6/11/17) of Notional Value Rs Pay Fixed (Swap residual maturity 703 days) & Receive Floating (Daily Reset) 6. Hedging Positions through swaps as on 31 March 2017 in Underlying 08.45% Fullerton India Credit Co. Ltd. (Sr 52) 12/ 08/2019(L) (P-11/08/2017) & 7.81% Nabha Power Ltd 16/08/2019 of Notional Value Rs Pay Fixed (Swap residual maturity 706 days) & Receive Floating (Daily Reset) 7. ** Thinly traded/non-traded securities- Fair value as determined by Kotak Mahindra Asset Management Company Limited Kotak Bond 7.54% National for Agriculture & INE261F08824 CRISIL AAA , % U P Power Corporation Ltd. INE540P07103 FITCH IND , (Guaranteed By UP State Government) 9.20% ICICI Ltd. INE090A08TW2 CARE AA , % YES Ltd. INE528G08352 CARE AA , % of India INE084A08102 CRISIL A , % Reliance Capital Ltd. INE013A075H4 CARE AA , % AXIS Ltd. INE238A08427 CRISIL AA 500 4, % Syndicate INE667A08070 CARE AA , % Allahabad INE428A08069 FITCH IND A 300 3, % IDBI Ltd INE008A08V34 ICRA A 206 2, % Reliance Ports And Terminals Limited INE941D07158 CRISIL AAA 200 1, % East-North Interconnection Company Ltd. INE556S07343 CRISIL 125 1, % U P Power Corporation Ltd INE540P07095 FITCH IND 100 1, (Guaranteed By UP State Government) 9.25% East-North Interconnection Company Ltd. INE556S07582 CRISIL 100 1, % East-North Interconnection Company Ltd. INE556S07509 CRISIL 100 1, % State of India. INE062A08124 CRISIL AA % of Baroda INE028A08075 CARE AA % Small Industries Development INE556F08IV6 CARE AAA of India. 8.75% Muthoot Finance Ltd INE414G07BR1 CRISIL AA % HDFC Ltd. INE001A07FV2 CRISIL AAA % Vedanta Ltd. INE268A07145 CRISIL AA % Hindalco Industries Ltd. INE038A07266 CRISIL AA % IDBI Ltd INE008A08V42 ICRA A # Total 95, % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV Total 205, CP Muthoot Finance Ltd INE414G14ES9 CRISIL A CP Tata Capital Financial Services Limited INE306N14JQ6 ICRA A Total Collateral Borrowing & Lending obligation 2, Total 2, CCIL 1, Total 1, Net Current Assets/(Liabilities) 19, Grand Total 326, Average Maturity of the portfolio : Years Kotak Gold ETF Name of Instrument Industry Quantity (Rs.in Lakhs) Assets Gold Gold Fineness99.5 GOLD , Total 44, Net Current Assets/(Liabilities) Grand Total 44,

2 Kotak Treasury Advantage Industry/ 9.00% Indiabulls Housing Finance Ltd. (^) INE148I07EY1 CARE AAA , % Muthoot Finance Ltd. INE414G07BR1 CRISIL AA , % Nabha Power Ltd. (backed by INE445L08268 ICRA AAA , ZCB Tata Motors Finance Ltd. INE909H07CU0 CRISIL AA , % Reliance Jio Infocomm Limited (^) INE110L07021 CRISIL AAA , % Shriram Transport Finance Co Ltd. INE721A07HH0 CRISIL AA , % Vedanta Ltd.(^) INE268A07152 CRISIL AA , % Power Finance (^) INE134E08GC9 CRISIL AAA , % Nirma Ltd. INE091A07158 CRISIL AA , % Fullerton India Credit Co. Ltd.(^) INE535H07654 CARE AAA , % ICICI Home Finance Co. Ltd. INE071G08833 ICRA AAA , % Rural Electrification INE020B08773 CRISIL AAA , (^) 9.40% Nabha Power Ltd. (backed by INE445L08177 ICRA AAA , by Larsen & Toubro Ltd ) 8.70% Family Credit Ltd.(^) INE523E07DQ2 CARE AA , % AXIS Ltd.(^) INE238A08427 CRISIL AA , % Kotak Mahindra Investments Ltd.(^) INE975F07FC6 CRISIL AAA , % Kotak Mahindra Prime Ltd.(^) INE916DA7LW5 CRISIL AAA , % Kotak Mahindra Prime Ltd. INE916DA7IQ3 CRISIL AAA 900 9, % Power Finance INE134E08HB9 CRISIL AAA 850 8, % Reliance Jio Infocomm Limited INE110L07013 CRISIL AAA 800 8, % Canara (^) INE476A09181 CRISIL AAA 748 7, FRD Shriram Transport Finance Co Ltd. INE721A07HP3 FITCH IND AA , % Nabha Power Ltd. (backed by INE445L08151 ICRA 590 5, by Larsen & Toubro Ltd ) 8.05% LIC Housing Finance Ltd. INE115A07KA4 CRISIL AAA 565 5, % Vedanta Ltd.(^) INE268A07145 CRISIL AA , % Tata Motors Ltd.(^) INE155A08308 CARE AA , % National for INE261F08634 CRISIL AAA 300 3, Agriculture & 8.13% Tata Motors Ltd.(^) INE155A08290 CARE AA , % Mahindra & Mahindra INE774D07NS8 FITCH IND 250 2, AAA 9.50% India Infoline Housing Finance Ltd. INE477L07610 ICRA AA 200 2, % Export-Import of India. INE514E08FI1 CRISIL AAA 190 1, ZCB National for Agriculture & INE261F09DM1 CRISIL AAA , % Rural Electrification INE020B07EG4 CRISIL AAA 150 1, % Nabha Power Ltd. backed INE445L08144 ICRA AAA 150 1, by unconditional and irrevocable guarantee 8.65% Indiabulls Housing Finance Ltd. INE148I07FL5 CARE AAA 150 1, % Export-Import of India. INE514E08DE5 CRISIL AAA 135 1, % Vedanta Ltd. INE268A07160 CRISIL AA , % Power Finance INE134E08HS3 CRISIL AAA 110 1, % SP Jammu Udhampur Highway Ltd. INE923L07043 ICRA AAA 109 1, guarantee of Shapoorji Pallonji & Co Pvt Ltd) 9.27% Power Finance INE134E08EW2 CRISIL AAA 105 1, % HDFC Ltd. INE001A07LJ5 CRISIL AAA 100 1, % Kotak Mahindra Prime Ltd. INE916DA7LX3 CRISIL AAA 100 1, % Nabha Power Ltd. (backed by INE445L08185 ICRA AAA by Larsen & Toubro Ltd ) ZCB LIC Housing Finance Ltd. INE115A07EQ3 CRISIL AAA % Power Grid Corporation of India Ltd. INE752E07JE0 CRISIL AAA % Indian Railway INE053F09FU0 CRISIL AAA Finance 9.23% Cholamandalam Investment and INE121A07KG9 ICRA AA Finance Company Ltd % India Infoline Finance Limited INE866I07651 CARE AA % National for Agriculture & INE261F08451 CRISIL AAA % East-North Interconnection INE556S07020 CRISIL Company Limited 8.80% Family Credit Ltd. INE523E07BJ1 CARE AA % National for INE261F08469 CRISIL AAA Agriculture & 9.10% SP Jammu Udhampur Highway Ltd. INE923L07068 ICRA AAA % Indian Railway Finance INE053F07850 CRISIL AAA % Rural Electrification INE020B08815 CRISIL AAA ZCB National for Agriculture & INE261F09DL3 CRISIL AAA % LIC Housing Finance Ltd. INE115A07ID2 CRISIL AAA # Total 326, % Karelides Traders Private Ltd. INE479R07027 ICRA AA , undertaking by a wholly owned subsidiary of Piramal Enterprises Ltd ) 9.30% Shriram Transport Finance Co Ltd. INE721A07JB9 FITCH IND AA , ZCB Bhanu Vyapaar Pvt. Ltd. (Secured by INE575S07020 FITCH IND AA , Equity shares of Emami Ltd.) 10.35% Mandava Holdings Pvt. Ltd. INE689L07057 ICRA AAA undertaking by Axis Capital ) 9.75% Shapoorji Pallonji Energy INE170M08039 ICRA Gujarat Private Limited ( backed by of Shapoorji Pallonji & Co Pvt. Ltd.) 9.66% Tata Sons Ltd. INE895D08535 CRISIL AAA % Tata Sons Ltd. INE895D08501 CRISIL AAA Total 13, % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV Total 25, Futures 7.61% GS 09/05/2030-MAY (20,690.00) (4.14) Total (20,690.00) (4.14) CP HDFC Ltd. INE001A14PR5 ICRA A , CP PNB Housing Finance Ltd. INE572E14AY5 CRISIL A , CP Shapoorji Pallonji and Co. Pvt. Ltd. INE404K14CK3 ICRA A , CP S D Corporation Pvt. Ltd. (backed by INE660N14878 CARE A1+(SO) , of Shapoorji Pallonji & Co Pvt. Ltd.) CP Adani Transmission Ltd INE931S14666 FITCH IND , A1+(SO) CD AXIS Ltd. INE238A16M11 CRISIL A , CD IndusInd Ltd. INE095A16VJ7 CRISIL A , CD IndusInd Ltd. INE095A16UQ4 CRISIL A , CP Piramal Enterprises Limited INE140A14LQ2 ICRA A , CD AXIS Ltd. INE238A16L61 CRISIL A , CD Andhra INE434A16NV0 CARE A Kotak Treasury Advantage (continued) CD AXIS Ltd. INE238A16N51 CRISIL A Total 97, Collateral Borrowing & Lending obligation 14, Total 14, Net Current Assets/(Liabilities) 43, Grand Total 500, Average Maturity of the portfolio : 0.63 Years 3. (^) Fully or Partly blocked against Interest Rate Swap (IRS) 4. Hedging Positions through swaps as on 31 March 2017 in Underlying % Fullerton India Credit Co.Ltd. 17/07/2017 (L), 9.00% Canara Tier II ;09/01/2018 (L), 09.25% RURAL ELEC.CORP LTD-27/08/2017(L), 8.75 Muthoot Finance Ltd. OPT -IV (L) , 8.75% Axis Ltd.Tier I Sr.26 (Perpetual) 14/12/2021, 09.17% Vedanta Ltd 04/07/2023 (L) & 08.40% Reliance Jio Infocomm Ltd.IOT I- 03/08/2018(L) of Notional Value Rs Pay Fixed (Swap residual maturity 319 days) & Receive Floating (Daily Reset) 5. Hedging Positions through swaps as on 31 March 2017 in Underlying 8.73% Kotak Mahindra Investments Ltd. 20/06/2018, 8.70% Family Credit Ltd, 8.13% Tata Motors Limited (Series E 27 C) 18/07/2018 (L), 8.55% Reliance Jio Infocomm Ltd.31/07/2018(L), % Kotak Mahindra Prime Ltd. SER II 26/02/2018 (L), 09.17% Vedanta Ltd 04/07/2023 (L) & 8% Tata Motors Ltd.Sr-(E-27 D) 01/08/2019 of Notional Value Rs Pay Fixed (Swap residual maturity 341 days) & Receive Floating (Daily Reset) 6. Hedging Positions through swaps as on 31 March 2017 in Underlying 9.00% India Bulls Hsg Fin 20/06/2018, 8.75 Muthoot Finance Ltd. OPT -IV (L) & 8.55% Reliance Jio Infocomm Ltd.31/07/2018(L) of Notional Value Rs Pay Fixed (Swap residual maturity 33 days) & Receive Floating (Daily Reset) 7. Hedging Positions through Futures as on 31st March 2017 Underlying Long/Short Futures Price Current Price of Margin Maintained When purchased the Contract in Lakhs GS7.6130NSUMAY2017FUT Short Total %age of existing assets hedged through futures 8. For the period ended 31st March,2017 hedging transactions through Interest Rate Futures which have been squared off/expired are as follows; Total Number of contracts where futures were bought 66,502 Lacs Total Number of contracts where futures were sold 66,502 Lacs Gross Notional Value of contracts where futures were bought 137, Lacs Gross Notional Value of contracts where futures were sold 138, Lacs Net Profit/Loss value on all contracts combined 1, Lacs 9. ** Thinly traded/non-traded securities- Fair value as determined by Kotak Mahindra Asset Management Company Kotak FMP Series % Power Finance INE134E08HN4 CRISIL AAA 370 3, % Tata Capital Financial Services Limited INE306N07GU8 CRISIL AA , % Steel Authority of India Ltd. INE114A07893 FITCH IND AA 370 3, % LIC Housing Finance Ltd. INE115A07GQ8 CRISIL AAA 320 3, % State Of India. INE062A09171 CRISIL AAA 310 3, % Power Grid Corporation of India Ltd. INE752E07LA4 CRISIL AAA 300 3, % National for Agriculture & INE261F08493 CRISIL AAA 200 2, ZCB Bajaj Finance Limited INE296A07HJ9 ICRA AA , % Mahindra & Mahindra INE774D07LJ1 FITCH 140 1, AAA(IND) 8.19% National for Agriculture & INE261F08469 CRISIL AAA 8.40% LIC Housing Finance Ltd. INE115A07EB5 CRISIL AAA Total 26, Collateral Borrowing & Lending obligation Total Net Current Assets/(Liabilities) 2, Grand Total 29, Average Maturity of the portfolio : 1.06 Years Limited Kotak FMP Series % Power Finance INE134E08HL8 CRISIL AAA % Family Credit Ltd. INE523E07BJ1 CARE AA % Mahindra & Mahindra INE774D07LV6 FITCH IND AAA 8.71% Tata Capital Housing Finance Ltd. INE033L07BZ2 CRISIL AA % IOT Utkal Energy Services Ltd. INE310L07274 CRISIL % Kotak Mahindra Prime Ltd. INE916DA7HR3 CRISIL AAA Total 1, CD ICICI Ltd. INE090A166I5 ICRA A CD AXIS Ltd. INE238A16M03 CRISIL A Total Sankhya Financial Service Pvt. Ltd Total Collateral Borrowing & Lending obligation Total Net Current Assets/(Liabilities) Grand Total 2, Average Maturity of the portfolio : 0.09 Years Kotak FMP Series % Power Finance INE134E08HJ2 CRISIL AAA % Family Credit Ltd. INE523E07BI3 CARE AA % IOT Utkal Energy Services Ltd. INE310L07266 CRISIL % Tata Capital INE306N07FU0 CRISIL AA % Tata Capital Housing Finance Ltd. INE033L07BZ2 CRISIL AA % Kotak Mahindra Prime Ltd. INE916DA7HQ5 CRISIL AAA Total 1, Collateral Borrowing & Lending obligation 1, Total 1, Sankhya Financial Service Pvt. Ltd Total Net Current Assets/(Liabilities) Grand Total 3, Kotak Floater Short Term 10.50% Indiabulls Housing Finance Ltd. INE148I07118 CARE AA % LIC Housing Finance Ltd. INE115A07CI4 CRISIL AAA # Total ZCB Adani Power Ltd. (Secured by INE814H07158 BRICKWORK , Equity shares of Adani Ports and SEZ Ltd., BWR A1+ Adani Transmission and Adani Enterprises) ZCB Adani Power Ltd. (Secured by INE814H07141 BRICKWORK 50 5, Equity shares of Adani Ports and SEZ Ltd., BWR A1+ Adani Transmission and Adani Enterprises) Total 26, Certificate of Deposits (CD CP Bharti Enterprises (Holding) Pvt. Ltd.** INE453T14065 CRISIL A , CP National for Agriculture & INE261F14BF9 CRISIL A , ** CP Tata Capital ** INE306N14KE0 ICRA A , CP Steel Authority of India Ltd.** INE114A14DV4 CARE A , CP Small Industries Development INE556F14EX9 CARE A , of India.** CP Piramal Finance Limited** INE641O14538 ICRA A , CP LIC Housing Finance Ltd.** INE115A14490 CRISIL A , CP S D Corporation Private Limited INE660N14860 CARE A1+(SO) , guarantee of Shapoorji Pallonji & Co. Pvt. Ltd.) ** CP Export-Import of India.** INE514E14LO5 CRISIL A , CP Tata Steel Limited** INE081A14569 ICRA A , CP Reliance Jio Infocomm Limited** INE110L14CW9 CARE A , CP Reliance Jio Infocomm Limited** INE110L14CV1 CARE A , CP Sun Pharma Laboratories Limited** INE915T14105 ICRA A , CP Piramal Finance Limited** INE641O14322 ICRA A , CD IDFC Limited** INE092T16AA7 CRISIL A , CD IDFC Limited** INE092T16991 CRISIL A , CP Tata Motors Finance Ltd INE909H14KS3 ICRA A , CP Small Industries Development INE556F14EU5 CARE A , of India.** CP India Infoline Finance Limited** INE866I14TD6 ICRA A , CP Muthoot Finance Ltd** INE414G14EU5 CRISIL A , CP ECL Finance Limited INE804I14PE3 CRISIL A , CP Suraksha Realty Ltd. (Secured by INE959P14366 CARE A1+(SO) , Equity shares of Sun Pharmaceuticals Industries Ltd ) ** CP Suraksha Realty Ltd. (Secured by INE959P14333 ICRA A1+(SO) , Equity shares of Sun Pharmaceuticals Industries Ltd ) ** CP Tata Power Company Ltd.** INE245A14594 ICRA A , CP Muthoot Finance Ltd** INE414G14EY7 CRISIL A , CP Reliance Capital Ltd.** INE013A14A34 ICRA A , CP Suraksha Realty Ltd. (Secured by INE959P14341 CARE A1+(SO) , Equity shares of Sun Pharmaceuticals Industries Ltd.) ** CP Tata Capital Housing Finance Ltd.** INE033L14GB8 CRISIL A , CP Manappuram Finance Ltd** INE522D14EM9 ICRA A , CP Piramal Enterprises Limited** INE140A14LQ2 ICRA A , CP Suraksha Realty Ltd. (Secured by INE959P14317 CARE A1+(SO) , Equity shares of Sun Pharmaceuticals Industries Ltd.) ** CP Bahadur Chand Investments Pvt. Ltd.** INE087M14025 ICRA A , CP Suraksha Realty Ltd. (Secured by INE959P14325 CARE A1+(SO) , Equity shares of Sun Pharmaceuticals Industries Ltd.) ** CP Talwandi Sabo Power Limited** INE694L14EA4 CRISIL A1+(SO) , CP Tata Motors Finance Solutions Pvt. Ltd.** INE477S14140 CRISIL A , CP Suraksha Realty Ltd. (Secured by INE959P14358 CRISIL A1+(SO) , Equity shares of Sun Pharmaceuticals Industries Ltd ) ** CP Muthoot Finance Ltd** INE414G14FD8 CRISIL A , CP Standard Chartered Investment & INE403G14ID5 CRISIL A , Loan India Ltd.** CP IIFL Wealth Finance Ltd.** INE248U14729 ICRA A , CP TATA Cummins Pvt. Ltd.** INE301W14037 ICRA A , CP Ford Credit India Pvt. Ltd.** INE732U14219 FITCH IND A , CP HDFC Ltd.** INE001A14QK8 CRISIL A Total 1,020, Term Deposits HDFC Ltd. 7 Days 10, Total 10, Collateral Borrowing & Lending obligation 5, Total 5, CCIL 1, Total 16, Net Current Assets/(Liabilities) 36, Grand Total 1,100, Average Maturity of the portfolio : 0.14 Years Kotak Gilt Investment Plan 7.61% Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV % Government Stock IN SOV Total 40, CCIL 4, Total 4, Net Current Assets/(Liabilities) 4, Grand Total 50, Average Maturity of the portfolio : 9.75 Years

3 Kotak Corporate Bond 8.75% Muthoot Finance Ltd INE414G07BR1 CRISIL AA , % LIC Housing Finance Ltd. INE115A07GB0 CRISIL AAA 100 1, % Piramal Enterprises Limited INE140A08SR7 ICRA AA 100 1, % of Baroda INE028A08075 CARE AA 100 1, % Bajaj Finance Limited INE296A07IZ3 FITCH IND AAA % ONGC Manglore Petrochemicals Ltd. INE053T07018 FITCH IND AAA % Reliance Jio Infocomm Limited INE110L07062 CRISIL AAA % National Housing INE557F08EW1 CRISIL AAA % SP Jammu Udhampur Highway Ltd. INE923L07084 ICRA AAA guarantee of Shapoorji Pallonji & Co Pvt. Ltd.) 9.40% Nabha Power Ltd. (backed by INE445L08151 ICRA % Rural Electrification INE020B08773 CRISIL AAA % National for Agriculture & INE261F08469 CRISIL AAA % Reliance Jio Infocomm Limited INE110L07021 CRISIL AAA % Nabha Power Ltd. (backed by INE445L08268 ICRA AAA by Larsen & Toubro Ltd.) 7.40% HDFC Ltd. INE001A07PW9 CRISIL AAA % Rural Electrification INE020B08815 CRISIL AAA % Power Finance INE134E08EW2 CRISIL AAA % Shriram Transport Finance Co Ltd. INE721A07DM9 CRISIL AA % IOT Utkal Energy Services Ltd. INE310L07514 CRISIL % IOT Utkal Energy Services Ltd. INE310L07506 CRISIL % Ultratech Cement Ltd. INE481G07109 CRISIL AAA % Export-Import of India. INE514E08DD7 CRISIL AAA % IOT Utkal Energy Services Ltd. INE310L07555 CRISIL % Power Finance INE134E08HF0 CRISIL AAA % HDFC Ltd. INE001A07OU6 CRISIL AAA % Airports Authority of India INE309K08029 CRISIL AAA % Mahindra & Mahindra INE774D07LJ1 FITCH AAA(IND) % Steel Authority of India Ltd. INE114A07703 FITCH IND AA % IOT Utkal Energy Services Ltd. INE310L07407 CRISIL % LIC Housing Finance Ltd. INE115A07EU5 CRISIL AAA % LIC Housing Finance Ltd. INE115A07CI4 CRISIL AAA ZCB National for Agriculture & INE261F09EQ0 CRISIL AAA % LIC Housing Finance Ltd. INE115A07EP5 CRISIL AAA % LIC Housing Finance Ltd. INE115A07494 CRISIL AAA Total 14, % Powergrid Vizag Transminssion Ltd. INE979S07016 CRISIL guarantee by Powergrid Corp ) Total Collateral Borrowing & Lending obligation 5, Total 5, Net Current Assets/ (Liabilities) 1, Grand Total 22, Average Maturity of the portfolio : 1.17 Years Kotak FMP Series 105 on 9.04% Kotak Mahindra Prime Ltd. INE916DA7IQ3 CRISIL AAA % Fullerton India Credit Co. Ltd. INE535H07654 CARE AAA % Power Finance INE134E08FY5 CRISIL AAA % LIC Housing Finance Ltd. INE115A07JD0 CARE AAA % Shriram Transport Finance Co Ltd. INE721A07HH0 CRISIL AA Total 1, CD ICICI Ltd. INE090A162I4 ICRA A CD IndusInd Ltd. INE095A16TG7 CRISIL A CD AXIS Ltd. INE238A16N51 CRISIL A CD Andhra INE434A16NV0 CARE A CP Piramal Enterprises Limited INE140A14LQ2 ICRA A Total 2, Net Current Assets/(Liabilities) Grand Total 3, Average Maturity of the portfolio : 0.27 Years Kotak Gold Mutual Units Exchange Traded s Kotak Gold ETF INF373I01049 Exchange , Traded s Total 18, Collateral Borrowing & Lending obligation Total Net Current Assets/(Liabilities) (46.27) (0.24) Grand Total 18, Kotak FMP Series 141 CP LIC Housing Finance Ltd.** INE115A14490 CRISIL A CP Bharti Enterprises (Holding) Pvt. Ltd.** INE453T14065 CRISIL A CP Steel Authority of India Ltd.** INE114A14DV4 CARE A CP Tata Power Company Ltd.** INE245A14594 ICRA A CP Tata Motors Finance Ltd INE909H14KS3 ICRA A CP Aditya Birla Finance Ltd. INE860H14XX1 ICRA A CP Reliance Jio Infocomm Limited** INE110L14CT5 CARE A CP Sun Pharma Laboratories Limited** INE915T14105 ICRA A CP Reliance Capital Ltd.** INE013A14A34 ICRA A Total 6, Term Deposits RBL Ltd. 59 Days Total Sankhya Financial Services Pvt. Ltd Total Net Current Assets/(Liabilities) Grand Total 8, Average Maturity of the portfolio : 0.12 Years Kotak ing and PSU Debt 8.47% PNB Housing Finance Ltd. INE572E09361 CARE AAA 950 9, % U P Power INE540P07053 FITCH IND 500 5, (Guaranteed By UP State Government) 8.97% U P Power INE540P07046 FITCH 500 5, (Guaranteed By Up State Government) AA(IND)(SO) 9.00% State of India. INE062A08124 CRISIL AA , % of Baroda INE028A08075 CARE AA 500 5, % AXIS Ltd. INE238A08427 CRISIL AA 400 3, % State of Travancore INE654A08011 CRISIL AAA 340 3, % ONGC Manglore Petrochemicals Ltd. INE053T07018 FITCH IND 330 3, AAA 8.90% State of India. INE062A09163 CRISIL AAA 300 3, % Canara INE476A09207 CRISIL AAA 300 3, % Power Finance INE134E08GT3 CRISIL AAA 250 2, % Union of India INE692A08029 CARE AA 250 2, % Union of India INE692A09209 CRISIL AAA 250 2, % Oriental of Commerce INE141A08027 ICRA A , % Andhra INE434A09149 CRISIL AA , % of Baroda INE028A09081 CARE AA , % Export-Import of India. INE514E08DE5 CRISIL AAA 215 2, % Power Finance INE134E08HP9 ICRA AAA 200 2, % Rural Electrification INE020B08856 CRISIL AAA 170 1, % Power Finance INE134E08HV7 CRISIL AAA 150 1, % Punjab National INE160A09207 CARE AA 147 1, % Rural Electrification INE020B07IV4 CRISIL AAA 135 1, % Rural Electrification INE020B07IY8 CRISIL AAA 125 1, % Power Finance INE134E08EW2 CRISIL AAA 120 1, % Rural Electrification INE020B08815 CRISIL AAA 115 1, % Punjab National INE160A09314 CARE AA 100 1, % Union of India INE692A09191 CRISIL AAA 100 1, % National Housing INE557F08EW1 CRISIL AAA % National for Agriculture & INE261F08493 CRISIL AAA % Power Finance INE134E08HB9 CRISIL AAA % Rural Electrification INE020B08971 CRISIL AAA % Punjab National INE160A09249 CARE AA % PNB Housing Finance Ltd. INE572E09395 CARE AAA % Power Finance INE134E08II2 CRISIL AAA % Power Finance INE134E08AI9 CRISIL AAA % Power Finance INE134E08GF2 CRISIL AAA % Power Finance INE134E08GX5 CRISIL AAA % Power Grid Corporation of India Ltd. INE752E07ME4 CRISIL AAA % Steel Authority of India Ltd. INE114A07877 FITCH IND AA % Steel Authority of India Ltd. INE114A07893 FITCH IND AA % Power Finance INE134E08AT6 CRISIL AAA Total 83, % Powergrid Vizag Transminssion Ltd. INE979S07016 CRISIL 130 1, guarantee by Powergrid Corp) Total 1, % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV , % Government Stock IN SOV Total 8, CD IndusInd Ltd. INE095A16TV6 CRISIL A , CD AXIS Ltd. INE238A16N51 CRISIL A Total 9, Collateral Borrowing & Lending obligation 2, Total 2, Net Current Assets/(Liabilities) 24, Grand Total 130, Average Maturity of the portfolio : 2.46 Years Kotak FMP Series % Tata Capital Housing Finance Ltd. INE033L07BX7 CRISIL AA % Tata Capital INE306N07FU0 CRISIL AA Total Collateral Borrowing & Lending obligation 1, Total 1, Sankhya Financial Service Pvt. Ltd Total Net Current Assets/(Liabilities) Grand Total 1, Kotak FMP Series % Tata Capital INE306N07FU0 CRISIL AA , % Tata Capital Housing Finance Ltd. INE033L07BZ2 CRISIL AA Total 1, Collateral Borrowing & Lending obligation 12, Total 12, Sankhya Financial Service Pvt. Ltd Total Net Current Assets/(Liabilities) Grand Total 14, Kotak FMP Series 116 Name of Instrument (Rs.in Lakhs) Assets Collateral Borrowing & Lending obligation Total Net Current Assets/(Liabilities) Grand Total Kotak Low 7.70% Tata Power Company Ltd. INE245A08083 ICRA AA , % HDFC Ltd. INE001A07PQ1 CRISIL AAA , % Manappuram Finance Ltd (^) INE522D07AC2 ICRA AA , % Tata Motors Ltd. INE155A08290 CARE AA , % of Baroda INE028A08075 CARE AA , % Oriental of Commerce (^) INE141A08027 ICRA A , % Vedanta Ltd. INE268A07111 CRISIL AA , % Vedanta Ltd. INE268A07129 CRISIL AA , % Nirchem Cement Ltd. (^) INE548V07021 CRISIL AA 900 9, % Family Credit Ltd. INE523E07DQ2 CARE AA , % Andhra INE434A09149 CRISIL AA , % AXIS Ltd. INE238A08427 CRISIL AA 700 6, % Altico Capital India Pvt. Ltd. INE587O07032 FITCH AA-(IND) 65 6, % Vedanta Ltd. INE268A07160 CRISIL AA , % Kotak Mahindra Prime Ltd. INE916DA7LX3 CRISIL AAA 600 6, % Vedanta Ltd. (^) INE268A07137 CRISIL AA , % Shriram Transport Finance Co Ltd. INE721A07HP3 FITCH IND AA , % Muthoot Fincorp Ltd. INE549K07295 CRISIL A , % HDFC Ltd. INE001A07PK4 CRISIL AAA 25 2, % Indostar Capital Finance Pvt. Ltd. INE896L07249 CARE AA- 23 2, % Vedanta Ltd. INE268A07152 CRISIL AA , % Indiabulls Housing Finance Limited INE148I07FL5 CARE AAA 200 2, % Allahabad INE428A09067 CRISIL AA , % Edelweiss Agri Value Chain Limited INE616U07028 CARE 190 1, (Unconditional and irrevocable guarantee from Edelweiss Financial Services Limited) 9.04% Kotak Mahindra Prime Ltd. INE916DA7IQ3 CRISIL AAA 190 1, % Indiabulls Housing Finance Limited INE148I07FU6 CARE AAA 300 1, % Tata Steel Limited INE081A08199 BRICKWORK BWR AA 138 1, % SP Jammu Udhampur Highway Ltd. INE923L07050 ICRA AAA 109 1, % LIC Housing Finance Ltd. INE115A07GB0 CRISIL AAA % HDFC Ltd. INE001A07LJ5 CRISIL AAA % ECL Finance Limited INE804I07ZJ5 CARE AA % Rural Electrification INE020B08773 CRISIL AAA % HDB INE756I07548 CRISIL AAA % Nabha Power Ltd. (backed by INE445L08128 ICRA AAA by Larsen & Toubro Ltd ) 7.80% LIC Housing Finance Ltd. INE115A07LK1 CRISIL AAA % Aspire Home Finance Corporation Ltd INE658R07133 ICRA AA % LIC Housing Finance Ltd. INE115A07HY0 CRISIL AAA Total 237, % Innovador Traders Pvt Ltd (backed INE038U07025 ICRA AA-(SO) , by unconditional and irrevocable undertaking by Piramal ) ZCB Adani Power Ltd (Secured by INE814H07166 BRICKWORK , Equity shares of Adani Ports and SEZ Ltd., BWR AA-(SO) Adani Transmission and Adani Enterprises) ZCB Sahyadri Agencies Ltd. (Secured by Equity shares of Jyothy Laboratories Ltd.) INE811P07058 BRICKWORK BWR A(SO) , % Trends In Vogue Pvt. Ltd. (backed by INE874W07011 ICRA , unconditional and irrevocable undertaking by Axis Capital ) 11.75% Karelides Traders Private Ltd. INE479R07027 ICRA AA , undertaking by a wholly owned subsidiary of Piramal Enterprises Ltd.) 9.20% Shriram Transport Finance Co Ltd. INE721A07JB9 FITCH IND AA , % Pune Solapur Expressways Pvt. Ltd. INE598K07011 ICRA A , (toll road project of Tata Realty & Infrastructure Ltd, 100% subsidiary of Tata Sons ) 8.15% Vodafone Mobile Services Ltd. INE713G08038 CRISIL AA 750 7, % Peninsula Land Limited INE138A08106 BRICK WORK BWR A 500 5, % Piramal Finance Limited INE140A07146 ICRA AA 410 4, % Mandava Holdings Private Limited INE689L07057 ICRA AAA 43 3, undertaking by Axis Capital ) 4.00% HPCL Mittal Energy Ltd. INE137K07034 ICRA AA 210 3, % Intime Properties Ltd. INE425L07015 FITCH IND AAA , ZCB Bhanu Vyapaar Private Limited Emami Ltd.) INE575S07020 FITCH IND AA , % HPCL Mittal Energy Ltd. INE137K07026 ICRA AA 70 1, % Pune Solapur Expressways Pvt. Ltd. INE598K07029 ICRA A (toll road project of Tata Realty & Infrastructure Ltd, 100% subsidiary of Tata Sons) Total 143, % Government Stock IN SOV Total CD AXIS Ltd. INE238A16M11 CRISIL A , CP Export-Import of India. INE514E14LN7 CRISIL A , CD ICICI Ltd. INE090A162I4 ICRA A , CP Reliance Infrastructure Ltd INE036A14EP9 FITCH IND A1+(SO)600 2, CD IndusInd Ltd. INE095A16VJ7 CRISIL A , CD IndusInd Ltd. INE095A16TG7 CRISIL A , CP S D Corporation Private Limited INE660N14878 CARE A1+(SO) CP Adani Ports and Special INE742F14CS9 ICRA A Economic Zone Limited Total 44, Collateral Borrowing & Lending obligation 5, Total 5, Net Current Assets/(Liabilities) 18, Grand Total 449, Average Maturity of the portfolio : 0.87 Years 3. (^) Fully or Partly blocked against Interest Rate Swap (IRS) 4 ** Thinly traded/non-traded securities- Fair value as determined by Kotak Mahindra Asset Management Company Limited 5. Hedging Positions through swaps as on 31 March 2017 in Underlying 9.99% Manappuram Finance Ltd. 14/10/2019,09.24% Vedanta Ltd 20/12/2022 (L),8.47% Nirchem Cement Ltd. Sr-B-14/09/2019 of Notional Value Rs. 2,000,000,000 Pay Fixed (Swap residual maturity 703 days) & Receive Floating (Daily Reset) 6. Hedging Positions through swaps as on 31 March 2017 in Underlying 09.48% Oriental Of Commerce (Perpetual Debt Tier 1 B C -10/02/2020),9.99% Manappuram Finance Ltd. 14/10/2019 (L) of Notional Value Rs. 2,000,000,000 Pay Fixed (Swap residual maturity 703 days) & Receive Floating (Daily Reset) Kotak PSU ETF State of India. INE062A01020 s , of Baroda INE028A01039 s , Punjab National INE160A01022 s Canara INE476A01014 s Union of India INE692A01016 s of India INE084A01016 s IDBI Ltd INE008A01015 s Oriental of Commerce INE141A01014 s Allahabad INE428A01015 s Syndicate INE667A01018 s Andhra INE434A01013 s Total 12, Net Current Assets/(Liabilities) Grand Total 12,