0001752724-19-180980.txt : 20191127 0001752724-19-180980.hdr.sgml : 20191127 20191127093916 ACCESSION NUMBER: 0001752724-19-180980 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190930 FILED AS OF DATE: 20191127 PERIOD START: 20191231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GREATER INDIA PORTFOLIO CENTRAL INDEX KEY: 0000918701 IRS NUMBER: 043218703 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-08340 FILM NUMBER: 191253432 BUSINESS ADDRESS: STREET 1: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 617-482-8260 MAIL ADDRESS: STREET 1: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: SOUTH ASIA PORTFOLIO DATE OF NAME CHANGE: 19940207 0000918701 S000005245 GREATER INDIA PORTFOLIO C000014297 GREATER INDIA PORTFOLIO NPORT-P 1 primary_doc.xml NPORT-P false 0000918701 XXXXXXXX S000005245 C000014297 GREATER INDIA PORTFOLIO 811-08340 0000918701 549300UPFCDFC1Y6LZ92 TWO INTERNATIONAL PLACE BOSTON 02110 617-482-8260 GREATER INDIA PORTFOLIO S000005245 549300UPFCDFC1Y6LZ92 2019-12-31 2019-09-30 N 209751329.09 286124.45 209465204.64 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 5981532.53000000 N Muthoot Finance Ltd 335800HAMJMBFL4RRF02 Muthoot Finance Ltd 000000000 140035.00000000 NS 1346343.73000000 0.642752925152 Long EC CORP IN N 2 N N N Bharat Petroleum Corp Ltd 8GRDBX1TJ0PU5NCSHT72 Bharat Petroleum Corp Ltd 000000000 906962.00000000 NS 6071695.02000000 2.898665212885 Long EC CORP IN N 2 N N N Graphite India Ltd 335800VMGC17U49YJX23 Graphite India Ltd 000000000 83106.00000000 NS 342458.51000000 0.163491836550 Long EC CORP IN N 2 N N N Bajaj Holdings & Investment Ltd 335800NL7NWD9IPOHL48 Bajaj Holdings & Investment Ltd 000000000 68909.00000000 NS 3485043.17000000 1.663781426604 Long EC CORP IN N 2 N N N Prestige Estates Projects Ltd 335800HHEBP52VZLTU94 Prestige Estates Projects Ltd 000000000 325464.00000000 NS 1333302.04000000 0.636526740702 Long EC CORP IN N 2 N N N HDFC Asset Management Co Ltd 3358002FLK8AK8WSEP31 HDFC Asset Management Co Ltd 000000000 24519.00000000 NS 969706.30000000 0.462943858225 Long EC CORP IN Y 2 N N N GlaxoSmithKline Consumer Healthcare Ltd 3358003XW1JN1ESFO544 GlaxoSmithKline Consumer Healthcare Ltd 000000000 18061.00000000 NS 2177719.63000000 1.039656984434 Long EC CORP IN N 2 N N N Infosys Ltd 335800TYLGG93MM7PR89 Infosys Ltd 000000000 1885331.00000000 NS 21304863.24000000 10.17107508457 Long EC CORP IN N 2 N N N Oberoi Realty Ltd 335800TCKG1XQXN51L44 Oberoi Realty Ltd 000000000 214170.00000000 NS 1526553.15000000 0.728786030416 Long EC CORP IN N 2 N N N Eris Lifesciences Ltd 33580023SPXBP9PCKQ56 Eris Lifesciences Ltd 000000000 105000.00000000 NS 672677.11000000 0.321140263441 Long EC CORP IN Y 2 N N N Maruti Suzuki India Ltd 335800D27PBEESKKD357 Maruti Suzuki India Ltd 000000000 112782.00000000 NS 10668301.31000000 5.093113831643 Long EC CORP IN N 2 N N N Housing Development Finance Corp Ltd 335800OX2H9AP7NHLT64 Housing Development Finance Corp Ltd 000000000 342288.00000000 NS 9554028.51000000 4.561153021295 Long EC CORP IN N 2 N N N UltraTech Cement Ltd 335800PC9O9B4BQHG814 UltraTech Cement Ltd 000000000 78030.00000000 NS 4787033.11000000 2.285359574745 Long EC CORP IN N 2 N N N Larsen & Toubro Infotech Ltd 335800DY1I1WFHVV6T22 Larsen & Toubro Infotech Ltd 000000000 86224.00000000 NS 1836690.63000000 0.876847604907 Long EC CORP IN Y 2 N N N Hindustan Zinc Ltd 335800LB39TLJ8YTWM98 Hindustan Zinc Ltd 000000000 239372.00000000 NS 719343.56000000 0.343419118815 Long EC CORP IN N 2 N N N Eicher Motors Ltd 25490059S64CN2OY7239 Eicher Motors Ltd 000000000 12698.00000000 NS 3178571.23000000 1.517469803857 Long EC CORP IN N 2 N N N Crompton Greaves Consumer Electricals Ltd 335800DIIEEWMH3UDH51 Crompton Greaves Consumer Electricals Ltd 000000000 885858.00000000 NS 3196686.90000000 1.526118338123 Long EC CORP IN N 2 N N N ICICI Lombard General Insurance Co Ltd 335800ZZITZ7ZZZ2ZX87 ICICI Lombard General Insurance Co Ltd 000000000 150940.00000000 NS 2567138.00000000 1.225567752129 Long EC CORP IN Y 2 N N N Reliance Nippon Life Asset Management Ltd N/A Reliance Nippon Life Asset Management Ltd 000000000 423638.00000000 NS 1565468.53000000 0.747364476448 Long EC CORP IN Y 2 N N N ICICI Bank Ltd R7RX8ER1V4666J8D1I38 ICICI Bank Ltd 000000000 1732474.00000000 NS 10560080.03000000 5.041448315078 Long EC CORP IN N 2 N N N RBL Bank Ltd 335800JQTGMLAAQL1F37 RBL Bank Ltd 000000000 267678.00000000 NS 1243739.66000000 0.593769099807 Long EC CORP IN Y 2 N N N ICICI Prudential Life Insurance Co Ltd 2138006W2MGOSH69C607 ICICI Prudential Life Insurance Co Ltd 000000000 180548.00000000 NS 1181625.78000000 0.564115544646 Long EC CORP IN Y 2 N N N Singapore Exchange Derivatives Clearing Limited 549300ZLWT3FK3F0FW61 SGX NIFTY 50 OCT19 XSIM 20191031 000000000 203.00000000 NC USD 4686474.63000000 2.237352326871 N/A DE SG N 2 Singapore Exchange Derivatives Clearing Limited 549300ZLWT3FK3F0FW61 Long SGX Nifty 50 Index IHV9 Index 2019-10-31 4734101.36000000 USD -47626.73000000 N N N Hindustan Unilever Ltd 5493007IW5N37IKRPM32 Hindustan Unilever Ltd 000000000 191309.00000000 NS 5361127.09000000 2.559435634769 Long EC CORP IN N 2 N N N Infosys Ltd 335800TYLGG93MM7PR89 Infosys Ltd 456788108 123774.00000000 NS USD 1407310.38000000 0.671858785528 Long EC CORP IN N 1 N N N Reliance Industries Ltd 5493003UOETFYRONLG31 Reliance Industries Ltd 000000000 737611.00000000 NS 13900156.85000000 6.636021898667 Long EC CORP IN N 2 N N N Torrent Pharmaceuticals Ltd 335800NA6HK275RIJE13 Torrent Pharmaceuticals Ltd 000000000 58307.00000000 NS 1370094.12000000 0.654091510021 Long EC CORP IN N 2 N N N Marico Ltd 3358003SFDQFGJPC5O84 Marico Ltd 000000000 526595.00000000 NS 2928431.82000000 1.398051683587 Long EC CORP IN N 2 N N N InterGlobe Aviation Ltd 33580079R8SLLO23XD19 InterGlobe Aviation Ltd 000000000 69143.00000000 NS 1839958.86000000 0.878407878369 Long EC CORP IN Y 2 N N N Lupin Ltd 335800HHXTESDEE2FC65 Lupin Ltd 000000000 197109.00000000 NS 1990915.78000000 0.950475657005 Long EC CORP IN N 2 N N N HDFC Bank Ltd 335800ZQ6I4E2JXENC50 HDFC Bank Ltd 000000000 529138.00000000 NS 9170074.57000000 4.377851006691 Long EC CORP IN N 2 N N N SBI Life Insurance Co Ltd 335800WMVIESQUO95586 SBI Life Insurance Co Ltd 000000000 179469.00000000 NS 2136639.47000000 1.020045058878 Long EC CORP IN Y 2 N N N Tech Mahindra Ltd 3358005FZUZ1I25XQH69 Tech Mahindra Ltd 000000000 440158.00000000 NS 4449857.86000000 2.124389999593 Long EC CORP IN N 2 N N N Whirlpool of India Ltd 335800XP84MJSVAKMW93 Whirlpool of India Ltd 000000000 105860.00000000 NS 2820452.29000000 1.346501579986 Long EC CORP IN N 2 N N N Procter & Gamble Hygiene & Health Care Ltd 335800NLDWOEI66HEE70 Procter & Gamble Hygiene & Health Care Ltd 000000000 18149.00000000 NS 3086518.71000000 1.473523354537 Long EC CORP IN N 2 N N N Thermax Ltd 33580013S142QYY9TR81 Thermax Ltd 000000000 144311.00000000 NS 2294137.13000000 1.095235427737 Long EC CORP IN N 2 N N N AIA Engineering Ltd 3358009DFG4JFX1O8H85 AIA Engineering Ltd 000000000 86037.00000000 NS 2168319.40000000 1.035169255784 Long EC CORP IN N 2 N N N Info Edge India Ltd 335800MXUVHTBF9DEC78 Info Edge India Ltd 000000000 179046.00000000 NS 5157804.49000000 2.462368152679 Long EC CORP IN N 2 N N N Indian Hotels Co Ltd/The 33580076CH5SBY5HWA22 Indian Hotels Co Ltd/The 000000000 923711.00000000 NS 2084134.23000000 0.994978728606 Long EC CORP IN N 2 N N N Bajaj Finance Ltd 335800YTEXC3DO4Z6F68 Bajaj Finance Ltd 000000000 153551.00000000 NS 8785333.53000000 4.194173225619 Long EC CORP IN N 2 N N N Abbott India Ltd 5493008KZ9E3HFRN6T46 Abbott India Ltd 000000000 32581.00000000 NS 4874687.36000000 2.327206262432 Long EC CORP IN N 2 N N N Axis Bank Ltd 549300HVNWMJPOFVNI41 Axis Bank Ltd 000000000 1418117.00000000 NS 13719535.50000000 6.549792135442 Long EC CORP IN N 2 N N N Divi's Laboratories Ltd 335800C1DHFG1C9T1M03 Divi's Laboratories Ltd 000000000 170720.00000000 NS 4018108.79000000 1.918270290717 Long EC CORP IN N 2 N N N Asian Paints Ltd 335800HEHXGYRUNERD75 Asian Paints Ltd 000000000 17548.00000000 NS 437163.20000000 0.208704448431 Long EC CORP IN N 2 N N N Mahindra & Mahindra Financial 3358004E2XAMX9DYZM69 Mahindra & Mahindra Financial Services Ltd 000000000 211453.00000000 NS 979417.90000000 0.467580236862 Long EC CORP IN N 2 N N N Odisha Cement Ltd N/A DALMIA BHARAT LTD COMMON STOCK INR2.0 000000000 144462.00000000 NS 1671275.77000000 0.797877515204 Long EC CORP IN N 2 N N N HCL Technologies Ltd 549300C1F8OLYSOQYB65 HCL Technologies Ltd 000000000 333434.00000000 NS 5075930.75000000 2.423281116653 Long EC CORP IN N 2 N N N MRF Ltd 335800EQP78LTJ76DZ82 MRF Ltd 000000000 3154.00000000 NS 2816440.10000000 1.344586135363 Long EC CORP IN N 2 N N N Aditya Birla Fashion and Retail Ltd 335800HSKHHOD8FD3O29 Aditya Birla Fashion and Retail Ltd 000000000 387379.00000000 NS 1140613.98000000 0.544536254582 Long EC CORP IN N 2 N N N United Breweries Ltd 335800ADAMN6EW1GCZ31 United Breweries Ltd 000000000 79318.00000000 NS 1511548.05000000 0.721622501740 Long EC CORP IN N 2 N N N Voltas Ltd 335800VVTQSSZ7NV7F51 Voltas Ltd 000000000 338897.00000000 NS 3259723.89000000 1.556212591777 Long EC CORP IN N 2 N N N Nestle India Ltd 3358008SYYY9CPWH5D94 Nestle India Ltd 000000000 15348.00000000 NS 3022247.07000000 1.442839671244 Long EC CORP IN N 2 N N N 2019-10-16 GREATER INDIA PORTFOLIO James Kirchner James Kirchner Treasurer XXXX NPORT-EX 2 GreaterIndiaPort.HTM HTML

Greater India Portfolio

September 30, 2019

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 97.3%

 

                                                 
Security    Shares      Value  

India — 97.3%

      

Airlines — 0.9%

      

InterGlobe Aviation, Ltd.(1)

      69,143      $ 1,839,959  
     

 

 

  
      $ 1,839,959  
     

 

 

  

Auto Components — 1.3%

      

MRF, Ltd.

      3,154      $ 2,816,440  
     

 

 

  
      $ 2,816,440  
     

 

 

  

Automobiles — 6.6%

      

Eicher Motors, Ltd.

      12,698      $ 3,178,571  

Maruti Suzuki India, Ltd.

      112,782        10,668,302  
     

 

 

  
      $  13,846,873  
     

 

 

  

Banks — 16.6%

      

Axis Bank, Ltd.

      1,418,117      $ 13,719,535  

HDFC Bank, Ltd.

      529,138        9,170,075  

ICICI Bank, Ltd.

      1,732,474        10,560,080  

RBL Bank, Ltd.(1)

      267,678        1,243,740  
     

 

 

  
      $ 34,693,430  
     

 

 

  

Beverages — 0.7%

      

United Breweries, Ltd.

      79,318      $ 1,511,548  
     

 

 

  
      $ 1,511,548  
     

 

 

  

Capital Markets — 1.2%

      

HDFC Asset Management Co., Ltd.(1)

      24,519      $ 969,706  

Reliance Nippon Life Asset Management, Ltd.(1)

      423,638        1,565,469  
     

 

 

  
      $ 2,535,175  
     

 

 

  

Chemicals — 0.2%

      

Asian Paints, Ltd.

      17,548      $ 437,163  
     

 

 

  
      $ 437,163  
     

 

 

  

Construction & Engineering — 1.5%

      

Voltas, Ltd.

      338,897      $ 3,259,724  
     

 

 

  
      $ 3,259,724  
     

 

 

  

Construction Materials — 3.1%

      

Dalmia Bharat, Ltd.

      144,462      $ 1,671,276  

UltraTech Cement, Ltd.

      78,030        4,787,033  
     

 

 

  
      $ 6,458,309  
     

 

 

  

Consumer Finance — 5.3%

      

Bajaj Finance, Ltd.

      153,551      $ 8,785,333  

Mahindra & Mahindra Financial Services, Ltd.

      211,453        979,418  

Muthoot Finance, Ltd.

      140,035        1,346,344  
     

 

 

  
      $  11,111,095  
     

 

 

  

Diversified Financial Services — 1.7%

      

Bajaj Holdings & Investment, Ltd.

      68,909      $ 3,485,043  
     

 

 

  
      $ 3,485,043  
     

 

 

  

 

1

 

 

                                                 
Security    Shares      Value  

Electrical Equipment — 0.2%

      

Graphite India, Ltd.

      83,106      $ 342,458  
     

 

 

  
      $ 342,458  
     

 

 

  

Food Products — 2.5%

      

GlaxoSmithKline Consumer Healthcare, Ltd.

      18,061      $ 2,177,720  

Nestle India, Ltd.

      15,348        3,022,247  
     

 

 

  
      $ 5,199,967  
     

 

 

  

Hotels, Restaurants & Leisure — 1.0%

      

Indian Hotels Co., Ltd. (The)

      923,711      $ 2,084,134  
     

 

 

  
      $ 2,084,134  
     

 

 

  

Household Durables — 2.9%

      

Crompton Greaves Consumer Electricals, Ltd.

      885,858      $ 3,196,687  

Whirlpool of India, Ltd.

      105,860        2,820,452  
     

 

 

  
      $ 6,017,139  
     

 

 

  

Household Products — 2.6%

      

Hindustan Unilever, Ltd.

      191,309      $ 5,361,127  
     

 

 

  
      $ 5,361,127  
     

 

 

  

Insurance — 2.8%

      

ICICI Lombard General Insurance Co., Ltd.(1)

      150,940      $ 2,567,138  

ICICI Prudential Life Insurance Co., Ltd.(1)

      180,548        1,181,626  

SBI Life Insurance Co., Ltd.(1)

      179,469        2,136,639  
     

 

 

  
      $ 5,885,403  
     

 

 

  

Interactive Media & Services — 2.5%

      

Info Edge India, Ltd.

      179,046      $ 5,157,804  
     

 

 

  
      $ 5,157,804  
     

 

 

  

IT Services — 16.3%

      

HCL Technologies, Ltd.

      333,434      $ 5,075,931  

Infosys, Ltd.

      1,885,331        21,304,863  

Infosys, Ltd. ADR

      123,774        1,407,310  

Larsen & Toubro Infotech, Ltd.(1)

      86,224        1,836,691  

Tech Mahindra, Ltd.

      440,158        4,449,858  
     

 

 

  
      $ 34,074,653  
     

 

 

  

Life Sciences Tools & Services — 1.9%

      

Divi’s Laboratories, Ltd.

      170,720      $ 4,018,109  
     

 

 

  
      $ 4,018,109  
     

 

 

  

Machinery — 2.1%

      

AIA Engineering, Ltd.

      86,037      $ 2,168,320  

Thermax, Ltd.

      144,311        2,294,137  
     

 

 

  
      $ 4,462,457  
     

 

 

  

Metals & Mining — 0.3%

      

Hindustan Zinc, Ltd.

      239,372      $ 719,344  
     

 

 

  
      $ 719,344  
     

 

 

  

Oil, Gas & Consumable Fuels — 9.5%

      

Bharat Petroleum Corp., Ltd.

      906,962      $ 6,071,695  

Reliance Industries, Ltd.

      737,611        13,900,157  
     

 

 

  
      $ 19,971,852  
     

 

 

  

 

2

 

 

                                                 
Security    Shares      Value  

Personal Products — 2.9%

      

Marico, Ltd.

      526,595      $  2,928,432  

Procter & Gamble Hygiene & Health Care, Ltd.

      18,149        3,086,519  
     

 

 

  
      $ 6,014,951  
     

 

 

  

Pharmaceuticals — 4.2%

      

Abbott India, Ltd.

      32,581      $ 4,874,687  

Eris Lifesciences, Ltd.(1)(2)

      105,000        672,677  

Lupin, Ltd.

      197,109        1,990,916  

Torrent Pharmaceuticals, Ltd.

      58,307        1,370,094  
     

 

 

  
      $ 8,908,374  
     

 

 

  

Real Estate Management & Development — 1.4%

      

Oberoi Realty, Ltd.

      214,170      $ 1,526,553  

Prestige Estates Projects, Ltd.

      325,464        1,333,302  
     

 

 

  
      $ 2,859,855  
     

 

 

  

Textiles, Apparel & Luxury Goods — 0.5%

      

Aditya Birla Fashion and Retail, Ltd.(2)

      387,379      $ 1,140,614  
     

 

 

  
      $ 1,140,614  
     

 

 

  

Thrifts & Mortgage Finance — 4.6%

      

Housing Development Finance Corp., Ltd.

      342,288      $ 9,554,028  
     

 

 

  
      $ 9,554,028  
     

 

 

  

Total India
(identified cost $152,852,898)

       $ 203,767,028  
     

 

 

  

Total Common Stocks
(identified cost $152,852,898)

       $ 203,767,028  
     

 

 

  

Total Investments — 97.3%
(identified cost $152,852,898)

       $ 203,767,028  
     

 

 

  

Other Assets, Less Liabilities — 2.7%

       $ 5,711,412  
     

 

 

  

Net Assets — 100.0%

       $ 209,478,440  
     

 

 

  

The percentage shown for each investment category in the Portfolio of Investments is based on net assets.

 

(1)

Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At September 30, 2019, the aggregate value of these securities is $14,013,645 or 6.7% of the Portfolio’s net assets.

 

(2)

Non-income producing security.

Futures Contracts    

 

                                                                                                                            

Description

    Number of
Contracts		      Position      Expiration
Date		      Notional
Amount		      Value/
Unrealized
Depreciation		  

Equity Futures

               

SGX CNX Nifty Index

      203        Long        10/31/19      $     4,686,474      $ (47,627 ) 
              

 

 

  
               $     (47,627 ) 
              

 

 

  

 

3

 

 

Abbreviations:

 

ADR

   -   American Depositary Receipt

At September 30, 2019, the Portfolio had sufficient cash and/or securities to cover commitments under open derivative contracts.

The Portfolio is subject to equity price risk in the normal course of pursuing its investment objective. During the fiscal year to date ended September 30, 2019, the Portfolio entered into equity index futures contracts to manage cash flows.

At September 30, 2019, the aggregate fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) in a liability position and whose primary underlying risk exposure is equity price risk was $47,627.

Under generally accepted accounting principles for fair value measurements, a three-tier hierarchy to prioritize the assumptions, referred to as inputs, is used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.

 

•  

Level 1 — quoted prices in active markets for identical investments

 

•  

Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

 

•  

Level 3 — significant unobservable inputs (including a fund’s own assumptions in determining the fair value of investments)

In cases where the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level disclosed is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

At September 30, 2019, the hierarchy of inputs used in valuing the Portfolio’s investments and open derivative instruments, which are carried at value, were as follows:

 

Asset Description    Level 1      Level 2      Level 3      Total  
Common Stocks            

Communication Services

    $ —      $ 5,157,804      $  —      $ 5,157,804  

Consumer Discretionary

      —        25,905,200        —        25,905,200  

Consumer Staples

      —        18,087,593        —        18,087,593  

Energy

      —        19,971,852        —        19,971,852  

Financials

      —        67,264,174        —        67,264,174  

Health Care

      —        12,926,483        —        12,926,483  

Industrials

      —        9,904,598        —        9,904,598  

Information Technology

      1,407,310        32,667,343        —        34,074,653  

Materials

      —        7,614,816        —        7,614,816  

Real Estate

      —        2,859,855        —        2,859,855  

Total Common Stocks

    $  1,407,310      $  202,359,718 *     $ —      $  203,767,028  

Total Investments

    $      1,407,310      $     202,359,718      $      —      $     203,767,028  
Liability Description                                

Futures Contracts

    $ —      $ (47,627 )     $ —      $ (47,627 ) 

Total

    $ —      $ (47,627 )     $ —      $ (47,627 ) 

 

*

Includes foreign equity securities whose values were adjusted to reflect market trading of comparable securities or other correlated instruments that occurred after the close of trading in their applicable foreign markets.

For information on the Portfolio’s policy regarding the valuation of investments and other significant accounting policies, please refer to the Portfolio’s most recent financial statements included in its semiannual or annual report to shareholders.

 

4