Bajaj Finserv Small Cap Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Small Cap Fund

Fund House :

Equity Holding : 97.25% | F&O Holdings : 0.04%| Foreign Equity Holdings : 0.00%| Total : 97.29%

No of Stocks : 84 (Category Avg - 89.00) | Large Cap Investments : 0%| Mid Cap Investments : 9.59% | Small Cap Investments : 48.11% | Other : 39.59%

Portfolio Summary (as on 31st Oct,2025)

Particulars	This Scheme	Category
No. of Stocks	84	88.77
Top 5 Stock Weight	13.92%	14.78%
Top 10 Stock Weight	26.14%	25.54%
Top 3 Sector Weight	15.29%	19.67%

Category - Small Cap Fund

Particulars	This Scheme	Category
Average mcap (Cr)	3081.28	9999.98
Holdings in large cap stocks	0%	3.07%
Holdings in mid cap stocks	9.59%	9.41%
Holdings in small cap stocks	48.11%	45.12%

Category - Small Cap Fund

Top 10 Stocks holding in Portfolio (as on 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Schaeffler India Ltd.	Auto components & equipments	477.5	3.16%	-0.18%	3.34% (Sep 2025)	0% (Nov 2024)	1.19 L	9.49 k
Ujjivan Small Finance Bank Ltd.	Other bank	416.1	2.75%	0.43%	2.75% (Oct 2025)	0% (Nov 2024)	80.27 L	11.15 L
Whirlpool Of India Ltd.	Household appliances	413.7	2.74%	0.70%	2.74% (Oct 2025)	0% (Nov 2024)	2.96 L	59.17 k
Navin Flourine International Ltd.	Commodity chemicals	401.3	2.65%	1.44%	2.65% (Oct 2025)	0% (Nov 2024)	70.56 k	34.51 k
Neuland Laboratories Ltd.	Pharmaceuticals	396.5	2.62%	0.07%	2.62% (Oct 2025)	0% (Nov 2024)	24.07 k	0.00
Timken India Ltd.	Abrasives & bearings	379.9	2.51%	0.14%	2.54% (Jul 2025)	0% (Nov 2024)	1.21 L	12.27 k
Sobha Ltd.	Residential, commercial projects	379.9	2.51%	0.28%	2.51% (Oct 2025)	0% (Nov 2024)	2.35 L	34.87 k
Amber Enterprises India Ltd.	Household appliances	373.3	2.47%	-0.26%	2.73% (Sep 2025)	0% (Nov 2024)	46.46 k	0.00
CreditAccess Grameen Ltd.	Microfinance institutions	365.1	2.41%	0.21%	2.41% (Oct 2025)	0% (Nov 2024)	2.56 L	32.39 k
Multi Commodity Exchange Of India Ltd.	Exchange and data platform	350.3	2.32%	-0.50%	2.82% (Sep 2025)	0% (Nov 2024)	37.90 k	-0.12 L

- indicates change in weight in the portfolio. # indicates a new entry.

View complete holding

Complete equity Portfolio (as on 31st Oct,2025)

None
Sector
M-Cap

Help me understand this table

Stock Invested in	Sector	Sector Total	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty	M-Cap	GroupName
Schaeffler India Ltd.	Auto components & equipments	5.51	477.5	3.16%	-0.18%	3.34% (Sep 2025)	0% (Nov 2024)	1.19 L	9.49 k	Other	39.59
Ujjivan Small Finance Bank Ltd.	Other bank	2.75	416.1	2.75%	0.43%	2.75% (Oct 2025)	0% (Nov 2024)	80.27 L	11.15 L	Other	39.59
Whirlpool Of India Ltd.	Household appliances	5.21	413.7	2.74%	0.70%	2.74% (Oct 2025)	0% (Nov 2024)	2.96 L	59.17 k	Mid Cap	9.59
Navin Flourine International Ltd.	Commodity chemicals	2.65	401.3	2.65%	1.44%	2.65% (Oct 2025)	0% (Nov 2024)	70.56 k	34.51 k	Small Cap	48.11
Neuland Laboratories Ltd.	Pharmaceuticals	4.03	396.5	2.62%	0.07%	2.62% (Oct 2025)	0% (Nov 2024)	24.07 k	0.00	Small Cap	48.11
Timken India Ltd.	Abrasives & bearings	3.21	379.9	2.51%	0.14%	2.54% (Jul 2025)	0% (Nov 2024)	1.21 L	12.27 k	Small Cap	48.11
Sobha Ltd.	Residential, commercial projects	4.24	379.9	2.51%	0.28%	2.51% (Oct 2025)	0% (Nov 2024)	2.35 L	34.87 k	Small Cap	48.11
Amber Enterprises India Ltd.	Household appliances	5.21	373.3	2.47%	-0.26%	2.73% (Sep 2025)	0% (Nov 2024)	46.46 k	0.00	Small Cap	48.11
CreditAccess Grameen Ltd.	Microfinance institutions	2.41	365.1	2.41%	0.21%	2.41% (Oct 2025)	0% (Nov 2024)	2.56 L	32.39 k	Small Cap	48.11
Multi Commodity Exchange Of India Ltd.	Exchange and data platform	2.36	350.3	2.32%	-0.50%	2.82% (Sep 2025)	0% (Nov 2024)	37.90 k	-0.12 L	Small Cap	48.11
Yes Bank	Private sector bank	4.57	341.2	2.26%	-0.05%	2.31% (Sep 2025)	0% (Nov 2024)	1.50 Cr	0.00	Other	39.59
HEG Ltd.	Electrodes & refractories	2.86	336.2	2.22%	0.29%	2.22% (Oct 2025)	0% (Nov 2024)	5.69 L	40.84 k	Other	39.59
Devyani International Ltd.	Restaurants	2.4	329.6	2.18%	0.08%	2.52% (Aug 2025)	0% (Nov 2024)	20.37 L	3.13 L	Other	39.59
Affle India Ltd.	It enabled services	2.09	315.7	2.09%	-0.22%	2.31% (Sep 2025)	0% (Nov 2024)	1.64 L	0.00	Other	39.59
Kirloskar Oil Engines Ltd.	Compressors, pumps & diesel engines	2.53	305.1	2.02%	0.14%	2.02% (Oct 2025)	0% (Nov 2024)	3.05 L	22.77 k	Small Cap	48.11
Tega Industries Ltd.	Industrial products	4.16	293.4	1.94%	-0.14%	2.08% (Sep 2025)	0% (Nov 2024)	1.51 L	0.00	Other	39.59
PNB Housing Finance Ltd.	Housing finance company	3.1	292.1	1.93%	0.11%	1.93% (Oct 2025)	0% (Nov 2024)	3.14 L	24.19 k	Mid Cap	9.59
Hindustan Copper Ltd.	Copper	1.91	288.5	1.91%	1.67%	1.91% (Oct 2025)	0% (Nov 2024)	8.48 L	7.48 L	Small Cap	48.11
Welspun Corp Ltd.	Iron & steel products	1.83	277.3	1.83%	0.04%	1.9% (Aug 2025)	0% (Nov 2024)	2.87 L	0.00	Small Cap	48.11
Kajaria Ceramics Ltd.	Ceramics	1.74	263.6	1.74%	-0.11%	1.97% (Aug 2025)	0% (Nov 2024)	2.18 L	0.00	Small Cap	48.11
Zydus Wellness Ltd.	Packaged foods	2.78	261.3	1.73%	-0.09%	1.82% (Sep 2025)	0% (Nov 2024)	5.48 L	0.00	Other	39.59
Brigade Enterprises Ltd.	Residential, commercial projects	4.24	260.9	1.73%	0.10%	1.73% (Oct 2025)	0% (Nov 2024)	2.51 L	0.00	Small Cap	48.11
Aditya Birla Sun Life AMC Ltd.	Asset management company	1.66	250.3	1.66%	-0.06%	1.72% (Sep 2025)	0% (Nov 2024)	3.28 L	29.03 k	Other	39.59
# Angel One Ltd.	Stockbroking & allied	1.59	239.8	1.59%	1.59%	1.59% (Oct 2025)	0% (Nov 2024)	96.21 k	96.21 k	Other	39.59
TD Power Systems Ltd.	Heavy electrical equipment	2.83	225.8	1.49%	0.24%	1.49% (Oct 2025)	0% (Nov 2024)	2.91 L	0.00	Other	39.59
Safari Industries (India) Ltd.	Plastic products - consumer	1.6	224.5	1.48%	-0.17%	1.65% (Sep 2025)	0% (Nov 2024)	1.05 L	1.30 k	Small Cap	48.11
IIFL Finance Ltd.	Non banking financial company (nbfc)	2.33	223.7	1.48%	0.71%	1.48% (Oct 2025)	0% (Nov 2024)	4.19 L	1.83 L	Small Cap	48.11
S.J.S. Enterprises Ltd.	Auto components & equipments	5.51	221.1	1.46%	0.17%	1.46% (Oct 2025)	0% (Nov 2024)	1.37 L	14.23 k	Other	39.59
Elecon Engineering Co. Ltd.	Industrial products	4.16	218.5	1.44%	-0.16%	1.6% (Sep 2025)	0% (Nov 2024)	3.89 L	0.00	Other	39.59
# KNR Constructions	Civil construction	2.77	211.1	1.40%	1.40%	1.4% (Oct 2025)	0% (Nov 2024)	11.65 L	11.65 L	Small Cap	48.11
Aditya Birla Real Estate Ltd.	Paper & paper products	1.39	209.5	1.39%	0.48%	1.39% (Oct 2025)	0% (Nov 2024)	1.12 L	37.17 k	Mid Cap	9.59
- Ahluwalia Contracts (India) Ltd.	Civil construction	2.77	206.9	1.37%	0.00%	1.37% (Oct 2025)	0% (Nov 2024)	2.18 L	28.22 k	Small Cap	48.11
VA Tech Wabag Ltd.	Water supply & management	1.35	204.4	1.35%	-0.15%	1.5% (Sep 2025)	0% (Nov 2024)	1.45 L	0.00	Small Cap	48.11
Schneider Electric Infrastructure Ltd.	Heavy electrical equipment	2.83	202.1	1.34%	-0.10%	1.58% (Aug 2025)	0% (Nov 2024)	2.42 L	0.00	Small Cap	48.11
V-Mart Retail Ltd.	Diversified retail	1.19	179.4	1.19%	0.08%	1.19% (Oct 2025)	0% (Nov 2024)	2.16 L	0.00	Small Cap	48.11
Medi Assist Healthcare Services Ltd.	Healthcare service provider	1.48	177.3	1.17%	-0.01%	1.38% (Jul 2025)	0% (Nov 2024)	3.11 L	0.00	Other	39.59
Aptus Value Housing Finance India Ltd.	Housing finance company	3.1	176.8	1.17%	-0.12%	1.41% (Jul 2025)	0% (Nov 2024)	5.57 L	0.00	Other	39.59
Karur Vysya Bank Ltd	Private sector bank	4.57	171.1	1.13%	0.05%	1.35% (Aug 2025)	0% (Nov 2024)	7.04 L	0.00	Small Cap	48.11
Mrs.Bectors Food Specialities Ltd.	Packaged foods	2.78	158.8	1.05%	-0.03%	1.18% (Aug 2025)	0% (Nov 2024)	1.19 L	0.00	Other	39.59
Awfis Space Solutions Ltd.	Diversified commercial services	1.6	151.6	1.00%	0.08%	1% (Oct 2025)	0% (Nov 2024)	2.53 L	30.57 k	Other	39.59
Time Technoplast Ltd.	Plastic products - industrial	0.93	140.9	0.93%	-0.07%	1.27% (Jul 2025)	0% (Nov 2024)	6.54 L	0.00	Small Cap	48.11
Century Plyboards India Ltd.	Plywood boards/ laminates	0.91	138	0.91%	-0.17%	1.08% (Sep 2025)	0% (Nov 2024)	1.83 L	0.00	Small Cap	48.11
WABCO India Ltd.	Auto components & equipments	5.51	134.5	0.89%	-0.12%	1.2% (Aug 2025)	0% (Nov 2024)	10.82 k	0.00	Mid Cap	9.59
- ICRA Ltd.	Ratings	0.88	132.6	0.88%	0.00%	0.95% (Jul 2025)	0% (Nov 2024)	20.64 k	1.47 k	Small Cap	48.11
Sanofi Consumer Healthcare India Ltd.	Pharmaceuticals	4.03	128	0.85%	-0.04%	1.06% (Aug 2025)	0% (Nov 2024)	26.44 k	496.00	Other	39.59
Piramal Finance Ltd.	Non banking financial company (nbfc)	2.33	125.9	0.83%	-0.08%	0.91% (Sep 2025)	0% (Nov 2024)	1.12 L	0.00	Other	39.59
J K Lakshmi Cement Ltd.	Cement & cement products	1.55	124	0.82%	-0.07%	1.03% (Aug 2025)	0% (Nov 2024)	1.43 L	0.00	Small Cap	48.11
La-Opala RG Ltd.	Glass - consumer	0.82	123.3	0.82%	-0.12%	0.94% (Sep 2025)	0% (Nov 2024)	5.36 L	0.00	Small Cap	48.11
Prudent Corporate Advisory Services Ltd.	Financial products distributor	0.8	121	0.80%	-0.09%	0.89% (Sep 2025)	0% (Nov 2024)	47.33 k	0.00	Other	39.59
Jyoti CNC Automation Ltd.	Industrial products	4.16	117.6	0.78%	-0.06%	0.87% (Aug 2025)	0% (Nov 2024)	1.36 L	0.00	Other	39.59
Atul Ltd.	Specialty chemicals	1.15	114.5	0.76%	-0.11%	1.1% (Jul 2025)	0% (Nov 2024)	19.87 k	0.00	Mid Cap	9.59
The Ramco Cements Ltd.	Cement & cement products	1.55	110.6	0.73%	-0.03%	1.04% (Jul 2025)	0% (Nov 2024)	1.06 L	0.00	Mid Cap	9.59
CSB Bank Ltd.	Private sector bank	4.57	109.7	0.73%	0.01%	0.93% (Jul 2025)	0% (Nov 2024)	2.65 L	0.00	Other	39.59
Emami Ltd.	Personal care	0.7	106.4	0.70%	0.01%	0.79% (Aug 2025)	0% (Nov 2024)	1.99 L	23.00 k	Mid Cap	9.59
Metro Brands Ltd.	Footwear	0.7	105.7	0.70%	-0.18%	0.88% (Sep 2025)	0% (Nov 2024)	93.63 k	0.00	Other	39.59
Grindwell Norton Ltd.	Abrasives & bearings	3.21	105.1	0.70%	0.13%	0.7% (Oct 2025)	0% (Nov 2024)	62.25 k	12.39 k	Small Cap	48.11
Niva Bupa Health Insurance Company Ltd.	General insurance	0.91	101.9	0.67%	-0.14%	0.99% (Jul 2025)	0% (Nov 2024)	13.57 L	0.00	Other	39.59
Orient Refractories Ltd.	Electrodes & refractories	2.86	96.7	0.64%	0.06%	0.76% (Jul 2025)	0% (Nov 2024)	2.03 L	20.34 k	Small Cap	48.11
Computer Age Management Services Pvt Ltd.	Depositories, clearing houses and other intermediaries	0.63	94.7	0.63%	-0.03%	0.7% (Aug 2025)	0% (Nov 2024)	24.03 k	0.00	Other	39.59
Medplus Health Services Ltd.	Pharmacy retail	0.6	90.8	0.60%	-0.05%	0.92% (Jul 2025)	0% (Nov 2024)	1.19 L	0.00	Other	39.59
NESCO Ltd.	Diversified commercial services	1.6	90.3	0.60%	-0.03%	1.06% (Jul 2025)	0% (Nov 2024)	65.97 k	0.00	Small Cap	48.11
Krishna Institute of Medical Sciences Ltd.	Hospital	0.58	88.3	0.58%	-0.04%	0.62% (Sep 2025)	0% (Nov 2024)	1.23 L	0.00	Other	39.59
Wockhardt Ltd.	Pharmaceuticals	4.03	84.5	0.56%	-0.17%	0.92% (Jul 2025)	0% (Nov 2024)	65.97 k	0.00	Small Cap	48.11
Garware Technical Fibres Ltd.	Other textile products	0.88	77.1	0.51%	-0.04%	0.59% (Jul 2025)	0% (Nov 2024)	1.02 L	0.00	Small Cap	48.11
Ingersoll Rand (india) Ltd.	Compressors, pumps & diesel engines	2.53	76.8	0.51%	0.19%	0.51% (Oct 2025)	0% (Nov 2024)	20.09 k	8.74 k	Small Cap	48.11
eClerx Services Ltd.	Business process outsourcing (bpo)/ knowledge process outsourcing (kpo)	0.5	75.6	0.50%	0.03%	0.53% (Aug 2025)	0% (Nov 2024)	16.00 k	0.00	Small Cap	48.11
Orient Electric Ltd.	Consumer electronics	0.47	71.2	0.47%	-0.01%	0.48% (Sep 2025)	0% (Nov 2024)	3.41 L	5.71 k	Small Cap	48.11
City Union Bank Ltd.	Private sector bank	4.57	68.1	0.45%	-0.01%	1.51% (Jul 2025)	0% (Nov 2024)	2.98 L	0.00	Mid Cap	9.59
Apar Industries Ltd.	Other electrical equipment	0.42	62.9	0.42%	-0.01%	0.44% (Aug 2025)	0% (Nov 2024)	7.26 k	0.00	Small Cap	48.11
- R R Kabel Ltd.	Cables - electricals	0.41	62.6	0.41%	0.00%	0.45% (Jul 2025)	0% (Nov 2024)	44.36 k	0.00	Other	39.59
Cera Sanitaryware Ltd.	Sanitary ware	0.41	62	0.41%	-0.03%	0.54% (Jul 2025)	0% (Nov 2024)	9.95 k	0.00	Small Cap	48.11
Neogen Chemicals Ltd.	Specialty chemicals	1.15	59.2	0.39%	-0.06%	0.45% (Aug 2025)	0% (Nov 2024)	41.02 k	0.00	Other	39.59
Ganesha Ecosphere Ltd.	Other textile products	0.88	51.3	0.34%	-0.02%	0.52% (Jul 2025)	0% (Nov 2024)	42.03 k	0.00	Small Cap	48.11
Cesc Ltd.	Integrated power utilities	0.33	50	0.33%	-0.78%	1.34% (Jul 2025)	0% (Nov 2024)	2.78 L	-6.69 L	Other	39.59
Krsnaa Diagnostics Ltd.	Healthcare service provider	1.48	47.4	0.31%	-0.02%	0.33% (Sep 2025)	0% (Nov 2024)	61.01 k	0.00	Other	39.59
Thangamayil Jewellery Ltd.	Gems, jewellery and watches	0.29	44.5	0.29%	-0.01%	0.3% (Aug 2025)	0% (Nov 2024)	20.51 k	0.00	Small Cap	48.11
Tips Industries Ltd.	Film production, distribution & exhibition	0.27	40.1	0.27%	-0.05%	0.37% (Jul 2025)	0% (Nov 2024)	75.78 k	0.00	Other	39.59
# GO Digit General Insurance Ltd.	General insurance	0.91	35.9	0.24%	0.24%	0.24% (Oct 2025)	0% (Nov 2024)	1.00 L	1.00 L	Other	39.59
Westlife Development Ltd.	Restaurants	2.4	33.5	0.22%	-0.06%	0.34% (Jul 2025)	0% (Nov 2024)	56.49 k	0.00	Small Cap	48.11
V.I.P. Industries Ltd	Plastic products - consumer	1.6	18.7	0.12%	-0.62%	0.92% (Jul 2025)	0% (Nov 2024)	46.13 k	-2.00 L	Small Cap	48.11
Nifty 50 : Put Options	Exchange and data platform	2.36	6.3	0.04%	0.04%	0% (Nov 2025)	0% (Nov 2025)	1.20 L	1.20 L	Other	39.59
# K.P.R. Mill Ltd.	Other textile products	0.88	4.6	0.03%	0.03%	0.03% (Oct 2025)	0% (Nov 2024)	4.34 k	4.34 k	Other	39.59
Fedbank Financial Services Ltd.	Non banking financial company (nbfc)	2.33	3.4	0.02%	-0.01%	0.03% (Sep 2025)	0% (Nov 2024)	24.18 k	0.00	Other	39.59
# Vedant Fashions Ltd.	Speciality retail	0.02	2.8	0.02%	0.02%	0.02% (Oct 2025)	0% (Nov 2024)	4.31 k	4.31 k	Other	39.59
Allied Blenders and Distillers Ltd.	Breweries & distilleries		88.6	0.00%	-0.64%	-	-	-	-	Other	39.59
Zinka Logistics Solutions Ltd.	Logistics solution provider		0.1	0.00%	0.00%	-	-	-	-	Other	39.59
Indiqube Spaces Ltd.	Diversified commercial services	1.6	34.8	0.00%	-0.25%	-	-	-	-	Other	39.59
Concord Biotech Ltd.	Pharmaceuticals	4.03	50.5	0.00%	-0.37%	-	-	-	-	Other	39.59
Radico Khaitan Ltd.	Breweries & distilleries		227.6	0.00%	-1.65%	-	-	-	-	Small Cap	48.11
Voltamp Transformers Ltd.	Heavy electrical equipment	2.83	52.9	0.00%	-0.38%	-	-	-	-	Small Cap	48.11
Greenpanel Industries Ltd.	Plywood boards/ laminates	0.91	147.1	0.00%	-1.07%	-	-	-	-	Other	39.59
Samhi Hotels Ltd.	Hotels & resorts		87.5	0.00%	-0.63%	-	-	-	-	Other	39.59
Alembic Pharmaceuticals Ltd.	Pharmaceuticals	4.03	47.7	0.00%	-0.35%	-	-	-	-	Mid Cap	9.59
Vinati Organics Ltd.	Specialty chemicals	1.15	51.9	0.00%	-0.38%	-	-	-	-	Other	39.59

- indicates change in weight in the portfolio. # indicates a new entry.

New Stocks added in Portfolio (in 1 month period ending 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# KNR Constructions	Civil construction	211.1	1.40%	1.40%	1.4% (Oct 2025)	0% (Nov 2024)	11.65 L	1164982
# GO Digit General Insurance Ltd.	General insurance	35.9	0.24%	0.24%	0.24% (Oct 2025)	0% (Nov 2024)	1.00 L	100000
# K.P.R. Mill Ltd.	Other textile products	4.6	0.03%	0.03%	0.03% (Oct 2025)	0% (Nov 2024)	4.34 k	4337
# Angel One Ltd.	Stockbroking & allied	239.8	1.59%	1.59%	1.59% (Oct 2025)	0% (Nov 2024)	96.21 k	96214
# Vedant Fashions Ltd.	Speciality retail	2.8	0.02%	0.02%	0.02% (Oct 2025)	0% (Nov 2024)	4.31 k	4311
Nifty 50	Exchange and data platform	6.3	0.04%	0.04%	0% (Nov 2025)	0% (Nov 2025)	1.20 L	120000

Stocks removed from Portfolio (in 1 month period ending 31st Oct,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	1M Change in Qty
Allied Blenders and Distillers Ltd.	Breweries & distilleries	88.6	0.00%	-0.64%	1.3% (Aug 2025)	0% (Nov 2024)	-174587
- Zinka Logistics Solutions Ltd.	Logistics solution provider	0.1	0.00%	0.00%	0% (Sep 2025)	0% (Nov 2024)	-110
Indiqube Spaces Ltd.	Diversified commercial services	34.8	0.00%	-0.25%	0.26% (Aug 2025)	0% (Nov 2024)	-152676
Concord Biotech Ltd.	Pharmaceuticals	50.5	0.00%	-0.37%	0.45% (Jul 2025)	0% (Nov 2024)	-30632
Radico Khaitan Ltd.	Breweries & distilleries	227.6	0.00%	-1.65%	1.66% (Aug 2025)	0% (Nov 2024)	-78810
Voltamp Transformers Ltd.	Heavy electrical equipment	52.9	0.00%	-0.38%	0.45% (Aug 2025)	0% (Nov 2024)	-7317
Greenpanel Industries Ltd.	Plywood boards/ laminates	147.1	0.00%	-1.07%	1.26% (Jul 2025)	0% (Nov 2024)	-544355
Samhi Hotels Ltd.	Hotels & resorts	87.5	0.00%	-0.63%	0.63% (Sep 2025)	0% (Nov 2024)	-446249
Alembic Pharmaceuticals Ltd.	Pharmaceuticals	47.7	0.00%	-0.35%	0.45% (Jul 2025)	0% (Nov 2024)	-52913
Vinati Organics Ltd.	Specialty chemicals	51.9	0.00%	-0.38%	0.46% (Jul 2025)	0% (Nov 2024)	-29876

Trend in stock holdings (Top 15 Holding)

Stock	Oct 2025	Sep 2025	Aug 2025	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025	Jan 2025	Dec 2024	Nov 2024	Oct 2024
Schaeffler India Ltd.	3.16%	3.34%	2.63%	1.26%	-	-	-	-	-	-	-	-	-
Multi Commodity Exchange Of India Ltd.	2.32%	2.82%	-	-	-	-	-	-	-	-	-	-	-
Timken India Ltd.	2.51%	2.37%	2.28%	2.54%	-	-	-	-	-	-	-	-	-
Bayer Cropscience Ltd.	-	-	2.09%	2.59%	-	-	-	-	-	-	-	-	-
Devyani International Ltd.	2.18%	2.10%	2.52%	2.50%	-	-	-	-	-	-	-	-	-
Ujjivan Small Finance Bank Ltd.	2.75%	2.32%	1.99%	1.98%	-	-	-	-	-	-	-	-	-
Amber Enterprises India Ltd.	2.47%	2.73%	2.06%	1.47%	-	-	-	-	-	-	-	-	-
Whirlpool Of India Ltd.	2.74%	2.04%	1.95%	1.89%	-	-	-	-	-	-	-	-	-
Affle India Ltd.	2.09%	2.31%	2.25%	1.76%	-	-	-	-	-	-	-	-	-
Neuland Laboratories Ltd.	2.62%	2.55%	1.98%	1.18%	-	-	-	-	-	-	-	-	-
Sobha Ltd.	2.51%	2.23%	1.59%	1.88%	-	-	-	-	-	-	-	-	-
CreditAccess Grameen Ltd.	2.41%	2.20%	2.08%	1.37%	-	-	-	-	-	-	-	-	-
Yes Bank	2.26%	2.31%	2.05%	1.16%	-	-	-	-	-	-	-	-	-
Welspun Corp Ltd.	1.83%	1.79%	1.90%	1.80%	-	-	-	-	-	-	-	-	-
Kajaria Ceramics Ltd.	1.74%	1.85%	1.97%	1.51%	-	-	-	-	-	-	-	-	-