PHILLIP CONSERVATIVE CREDIT PORTFOLIO GROWTH

To generate consistent/superior returns over G-Sec in mid to long term through investments in fixed income securities with an emphasis on capital preservation. The strategy aims to generate capital appreciation and income predominantly through a combination of accrual, duration and credit strategies. • Focus on companies which are well managed, have sustainable growth and solid balance sheet • Invest in securities of Corporates, Banks and NBFCs having superior track record • Take advantage of mispriced opportunities which aid in alpha generation • Manage returns and risk via robust proprietary risk management framework • Follow a core and a satellite approach of investing that assist in generation of consistent stable yields without much volatility