Equity (68.84%)
Debt (21.65%)
Others (9.5%)
Name Type of Instrument Weight (%)
Net Receivables Net Receivables 4.68%
@nithin @siva
Please can you let me know what does Net Receivable mean in MF weightage? Is it bad debt in a sense?
Din’t get the context properly, can you explain a bit more?
Hi,
When you get into the break up of any mutual fund, there are three categories:
EQ
Debt
Others
Under others, you will find net receivables as one of the main constituents.
Was wondering if these are nothing but bad debt written off…
Here’s a link for a MF
I don’t think so, I believe this is like investment in receivables of some other company, companies can sell their receivables to others at a discount to have cash in hand, may be that one or that fund receivables, written off debt won’t be part of it. I am not sure on this though.
@Bhuvan Can you confirm.
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No, no 
This seems to be the cash component of the fund. Every fund maintains about 5% assets in liquid instruments to meet redemption requests. Here’sthe breakup of that 4.6%. Always better to check the factsheet or the monthly portfolio disclosure of the funds.
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There is a “cash and cash equivalent” category, isn’t that meant to meet these redemption requests?
I think Net Receivable (NR) represents bad debt that AMC hasn’t yet marked down to zero or side pocketed yet. e.g. take a look at below scheme, here NR is staggering 46% and if you look below this matches closely (though not exactly, so there is something more to it) DHFL default amount.
I would say ask AMC for breakdown, may be there is flexibility what to put into NR.
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