Bandhan Multi Asset Allocation Fund - Regular 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.

Portfolio Turnover Ratio : 256.00%. Category average turnover ratio is 254.79%. Fund manager updated portfolio more frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for shorter duration than peers)

Equity Holding : 66.03% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 66.03%

No of Stocks : 111 (Category Avg - 62.55) | Large Cap Investments : 30.43%| Mid Cap Investments : 11.46% | Small Cap Investments : 8.17% | Other : 15.97%

Portfolio Summary (as on 30th Sep,2025)

Particulars	This Scheme	Category
No. of Stocks	111	62.57
Top 5 Stock Weight	14.26%	16.04%
Top 10 Stock Weight	22.35%	24.45%
Top 3 Sector Weight	19.63%	18.55%

Category - Multi Asset Allocation

Particulars	This Scheme	Category
Average mcap (Cr)	86112.96	71997.17
Holdings in large cap stocks	30.43%	30.08%
Holdings in mid cap stocks	11.46%	5.93%
Holdings in small cap stocks	8.17%	4.27%

Category - Multi Asset Allocation

Top 10 Stocks holding in Portfolio (as on 30th Sep,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Reliance Industries Ltd.	Refineries & marketing	945.9	4.20%	-0.23%	6% (Jan 2025)	4.2% (Sep 2025)	6.94 L	0.00
HDFC Bank Ltd.	Private sector bank	855	3.79%	-0.24%	4.62% (Apr 2025)	3.79% (Sep 2025)	8.99 L	0.00
ICICI Bank Ltd.	Private sector bank	579.6	2.57%	0.33%	2.57% (Sep 2025)	2.09% (Nov 2024)	4.30 L	89.34 k
Bajaj Finance Ltd.	Non banking financial company (nbfc)	423.3	1.88%	0.13%	2.43% (Feb 2025)	1.55% (Nov 2024)	4.24 L	0.00
Axis Bank Ltd.	Private sector bank	410.9	1.82%	-0.46%	2.66% (Apr 2025)	1.46% (Nov 2024)	3.63 L	-1.00 L
NMDC LTD	Industrial minerals	387.4	1.72%	0.08%	1.95% (May 2025)	0.5% (Jan 2025)	50.75 L	0.00
Tata Consultancy Services Ltd.	Computers - software & consulting	380.1	1.69%	-0.22%	2.42% (Mar 2025)	1.69% (Sep 2025)	1.32 L	0.00
Info Edge (India) Ltd.	Internet & catalogue retail	372.5	1.65%	0.09%	1.65% (Sep 2025)	0% (Oct 2024)	2.85 L	40.00 k
Bharti Airtel Ltd.	Telecom - cellular & fixed line services	361.1	1.60%	-0.02%	1.82% (Apr 2025)	1.12% (Dec 2024)	1.92 L	9.98 k
State Bank Of India	Public sector bank	322.1	1.43%	0.04%	2.66% (Mar 2025)	0.63% (May 2025)	3.69 L	0.00

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

View complete holding

Complete equity Portfolio (as on 30th Sep,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
Reliance Industries Ltd.	Refineries & marketing	4.21	945.9	4.20%	-0.23%	6% (Jan 2025)	4.2% (Sep 2025)	6.94 L	0.00	Large Cap	30.43
HDFC Bank Ltd.	Private sector bank	11.15	855	3.79%	-0.24%	4.62% (Apr 2025)	3.79% (Sep 2025)	8.99 L	0.00	Other	15.97
ICICI Bank Ltd.	Private sector bank	11.15	579.6	2.57%	0.33%	2.57% (Sep 2025)	2.09% (Nov 2024)	4.30 L	89.34 k	Large Cap	30.43
Bajaj Finance Ltd.	Non banking financial company (nbfc)	3.22	423.3	1.88%	0.13%	2.43% (Feb 2025)	1.55% (Nov 2024)	4.24 L	0.00	Other	15.97
Axis Bank Ltd.	Private sector bank	11.15	410.9	1.82%	-0.46%	2.66% (Apr 2025)	1.46% (Nov 2024)	3.63 L	-1.00 L	Large Cap	30.43
NMDC LTD	Industrial minerals	1.72	387.4	1.72%	0.08%	1.95% (May 2025)	0.5% (Jan 2025)	50.75 L	0.00	Mid Cap	11.46
Tata Consultancy Services Ltd.	Computers - software & consulting	4.27	380.1	1.69%	-0.22%	2.42% (Mar 2025)	1.69% (Sep 2025)	1.32 L	0.00	Large Cap	30.43
Info Edge (India) Ltd.	Internet & catalogue retail	2.17	372.5	1.65%	0.09%	1.65% (Sep 2025)	0% (Oct 2024)	2.85 L	40.00 k	Other	15.97
Bharti Airtel Ltd.	Telecom - cellular & fixed line services	1.6	361.1	1.60%	-0.02%	1.82% (Apr 2025)	1.12% (Dec 2024)	1.92 L	9.98 k	Large Cap	30.43
State Bank Of India	Public sector bank	2.32	322.1	1.43%	0.04%	2.66% (Mar 2025)	0.63% (May 2025)	3.69 L	0.00	Large Cap	30.43
Kotak Mahindra Bank Ltd.	Private sector bank	11.15	298.9	1.33%	0.27%	1.33% (Sep 2025)	0% (Oct 2024)	1.50 L	35.00 k	Large Cap	30.43
Infosys Ltd.	Computers - software & consulting	4.27	297.2	1.32%	-0.81%	2.65% (Jan 2025)	1.32% (Sep 2025)	2.06 L	-1.02 L	Large Cap	30.43
National Thermal Power Corporation Ltd.	Power generation	1.61	257.6	1.14%	-0.03%	1.25% (Jun 2025)	0.33% (Dec 2024)	7.57 L	0.00	Large Cap	30.43
Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	2.19	200.4	0.89%	0.02%	1.01% (Apr 2025)	0.7% (Nov 2024)	12.50 k	0.00	Large Cap	30.43
Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	2.19	198.1	0.88%	0.01%	0.96% (Dec 2024)	0.85% (Mar 2025)	57.80 k	0.00	Large Cap	30.43
Bank Of Baroda	Public sector bank	2.32	189.8	0.84%	0.21%	0.84% (Sep 2025)	0.63% (Aug 2025)	7.34 L	1.64 L	Large Cap	30.43
Titan Company Ltd.	Gems, jewellery and watches	0.75	168.4	0.75%	0.24%	0.9% (May 2025)	0.33% (Feb 2025)	50.00 k	20.00 k	Large Cap	30.43
# Trent Limited	Speciality retail	1.01	163.7	0.73%	0.73%	0.73% (Sep 2025)	0% (Oct 2024)	35.00 k	35.00 k	Mid Cap	11.46
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	3.11	159.4	0.71%	-0.04%	0.83% (Jun 2025)	0.4% (Nov 2024)	1.00 L	0.00	Large Cap	30.43
CG Power and Industrial Solutions Ltd.	Heavy electrical equipment	0.7	157.7	0.70%	0.12%	0.7% (Sep 2025)	0.5% (Oct 2024)	2.13 L	35.70 k	Small Cap	8.17
L&T Technology Services Ltd.	It enabled services	0.68	154.3	0.68%	-0.07%	0.78% (Jul 2025)	0% (Oct 2024)	37.50 k	0.00	Mid Cap	11.46
Cholamandalam Financial Holdings Ltd.	Investment company	0.66	149	0.66%	0.02%	0.66% (Sep 2025)	0% (Oct 2024)	79.06 k	0.00	Small Cap	8.17
# InterGlobe Aviation Ltd.	Airline	0.64	144.7	0.64%	0.64%	0.64% (Sep 2025)	0% (Oct 2024)	25.86 k	25.86 k	Large Cap	30.43
Max Financial Services Ltd.	Life insurance	1.72	141.8	0.63%	-0.05%	0.73% (Jun 2025)	0.25% (Nov 2024)	90.00 k	0.00	Mid Cap	11.46
Federal Bank Ltd.	Private sector bank	11.15	135.1	0.60%	-0.03%	0.69% (Jun 2025)	0% (Oct 2024)	7.00 L	0.00	Mid Cap	11.46
ICICI Prudential Life Insurance Co Ltd.	Life insurance	1.72	133.9	0.59%	-0.05%	0.73% (Jun 2025)	0% (Oct 2024)	2.25 L	0.00	Large Cap	30.43
V-Mart Retail Ltd.	Diversified retail	0.75	133.4	0.59%	-0.07%	0.84% (Oct 2024)	0.59% (Sep 2025)	1.88 L	0.00	Small Cap	8.17
Varun Beverages Ltd.	Other beverages	0.59	133.1	0.59%	-0.10%	0.75% (Jul 2025)	0% (Oct 2024)	3.00 L	0.00	Other	15.97
United Spirits Ltd.	Breweries & distilleries	1.11	132.4	0.59%	-0.03%	0.62% (Aug 2025)	0% (Oct 2024)	1.00 L	0.00	Large Cap	30.43
Berger Paints India Ltd.	Paints	0.57	128.8	0.57%	-0.06%	0.68% (Jul 2025)	0% (Oct 2024)	2.50 L	0.00	Large Cap	30.43
PNB Housing Finance Ltd.	Housing finance company	1.39	127.4	0.57%	0.05%	0.57% (Sep 2025)	0% (Oct 2024)	1.48 L	0.00	Mid Cap	11.46
Tube Investments Of India Ltd.	Auto components & equipments	0.9	123.9	0.55%	-0.01%	0.64% (May 2025)	0% (Oct 2024)	40.00 k	0.00	Small Cap	8.17
Tata Steel Ltd.	Iron & steel products	1.75	121.6	0.54%	0.02%	0.61% (Mar 2025)	0.07% (Oct 2024)	7.21 L	0.00	Other	15.97
Ajanta Pharma Limited	Pharmaceuticals	3.11	120.3	0.53%	0.06%	0.53% (Sep 2025)	0% (Oct 2024)	50.00 k	10.00 k	Small Cap	8.17
Indiamart Intermesh Ltd.	Internet & catalogue retail	2.17	117.8	0.52%	0.01%	0.7% (Jun 2025)	0.12% (Jul 2025)	50.00 k	8.07 k	Other	15.97
Tata Power Co. Ltd.	Integrated power utilities	0.52	117.8	0.52%	-0.01%	0.75% (Oct 2024)	0.52% (Sep 2025)	3.03 L	0.00	Mid Cap	11.46
United Breweries Ltd.	Breweries & distilleries	1.11	117.1	0.52%	-0.05%	0.61% (Jul 2025)	0% (Oct 2024)	65.00 k	0.00	Large Cap	30.43
Vedanta Ltd.	Diversified metals	0.52	116.5	0.52%	0.03%	0.52% (Sep 2025)	0.24% (Jan 2025)	2.50 L	0.00	Large Cap	30.43
Kewal Kiran Clothing Ltd.	Garments & apparels	0.5	113.7	0.50%	-0.01%	0.58% (Jul 2025)	0.26% (May 2025)	2.16 L	0.00	Small Cap	8.17
Bandhan Bank Ltd.	Private sector bank	11.15	113.6	0.50%	-0.03%	0.66% (Jun 2025)	0.38% (Jan 2025)	7.00 L	0.00	Large Cap	30.43
Star Health and Allied Insurance Co Ltd.	General insurance	0.71	111.7	0.50%	-0.03%	0.54% (Jul 2025)	0% (Oct 2024)	2.50 L	0.00	Other	15.97
Mahindra & Mahindra Financial Services Ltd.	Non banking financial company (nbfc)	3.22	110.1	0.49%	0.01%	0.53% (Jan 2025)	0% (Oct 2024)	4.00 L	0.00	Mid Cap	11.46
Larsen & Toubro Ltd.	Civil construction	0.49	110	0.49%	-0.02%	0.62% (Nov 2024)	0.49% (Sep 2025)	30.06 k	0.00	Large Cap	30.43
Bajaj Auto Ltd.	2/3 wheelers	0.72	108.5	0.48%	-0.03%	0.58% (Jul 2025)	0% (Oct 2024)	12.50 k	0.00	Large Cap	30.43
- Aurobindo Pharma Ltd.	Pharmaceuticals	3.11	108.4	0.48%	0.00%	0.55% (Jul 2025)	0% (Oct 2024)	1.00 L	0.00	Large Cap	30.43
Bayer Cropscience Ltd.	Pesticides & agrochemicals	0.48	108.2	0.48%	-0.01%	0.56% (Jun 2025)	0.44% (Nov 2024)	22.50 k	2.50 k	Mid Cap	11.46
Sterlite Technologies Ltd.	Other telecom services	0.48	108.2	0.48%	-0.04%	0.55% (Jul 2025)	0.32% (Apr 2025)	9.55 L	0.00	Small Cap	8.17
Dabur India Ltd.	Personal care	0.96	108.1	0.48%	-0.01%	0.53% (Jan 2025)	0.38% (May 2025)	2.20 L	20.00 k	Large Cap	30.43
Emami Ltd.	Personal care	0.96	107.7	0.48%	-0.06%	0.55% (Jul 2025)	0% (Oct 2024)	2.00 L	0.00	Mid Cap	11.46
Jindal Steel Ltd.	Iron & steel products	1.75	106.4	0.47%	0.02%	1.08% (May 2025)	0.45% (Nov 2024)	1.00 L	0.00	Mid Cap	11.46
J S W Energy Ltd.	Power generation	1.61	106.2	0.47%	0.01%	0.5% (Jul 2025)	0% (Oct 2024)	2.00 L	0.00	Mid Cap	11.46
Eternal Ltd.	E-retail/ e-commerce	0.71	105.8	0.47%	-0.01%	0.89% (Nov 2024)	0.47% (Sep 2025)	3.25 L	0.00	Other	15.97
Balkrishna Industries Ltd.	Tyres & rubber products	0.46	103.3	0.46%	-0.02%	0.58% (Jul 2025)	0% (Oct 2024)	45.00 k	0.00	Mid Cap	11.46
LTIMindtree Ltd.	Computers - software & consulting	4.27	103.2	0.46%	-0.02%	0.53% (May 2025)	0% (Oct 2024)	20.00 k	0.00	Mid Cap	11.46
Biocon Ltd.	Pharmaceuticals	3.11	102.3	0.45%	-0.04%	1.2% (Jun 2025)	0% (Oct 2024)	3.00 L	0.00	Mid Cap	11.46
HDB Financial Services Ltd.	Non banking financial company (nbfc)	3.22	101.4	0.45%	-0.04%	0.5% (Jun 2025)	0% (Oct 2024)	1.35 L	0.00	Other	15.97
Hexaware Technologies Ltd.	Computers - software & consulting	4.27	100.6	0.45%	0.27%	0.45% (Sep 2025)	0% (Oct 2024)	1.50 L	1.00 L	Other	15.97
- Great Eastern Shipping Co. Ltd.	Shipping	0.44	99.4	0.44%	0.00%	0.44% (Aug 2025)	0% (Oct 2024)	1.00 L	0.00	Small Cap	8.17
- Oil India Ltd.	Oil exploration & production	0.44	99.3	0.44%	0.00%	0.51% (Jul 2025)	0% (Oct 2024)	2.40 L	0.00	Mid Cap	11.46
LIC Housing Finance Ltd.	Housing finance company	1.39	98.9	0.44%	-0.02%	0.49% (Jul 2025)	0% (Oct 2024)	1.75 L	0.00	Mid Cap	11.46
Teamlease Services Ltd.	Diversified commercial services	0.71	97.9	0.43%	-0.03%	0.46% (Aug 2025)	0% (Oct 2024)	55.00 k	0.00	Small Cap	8.17
Tata Motors Ltd.	Passenger cars & utility vehicles	2.19	95.8	0.42%	-0.02%	0.66% (Oct 2024)	0.42% (Sep 2025)	1.41 L	0.00	Large Cap	30.43
- Adani Wilmar Ltd.	Edible oil	0.41	91.5	0.41%	0.00%	0.44% (Jul 2025)	0% (Oct 2024)	3.50 L	0.00	Other	15.97
TBO TEK Ltd.	Tour, travel related services	0.63	91.5	0.41%	-0.08%	0.55% (Jun 2025)	0% (Oct 2024)	60.00 k	-0.20 L	Other	15.97
Mas Financial Services Ltd.	Non banking financial company (nbfc)	3.22	90.6	0.40%	-0.04%	0.46% (May 2025)	0.34% (Nov 2024)	3.00 L	0.00	Small Cap	8.17
Symphony Ltd.	Consumer electronics	0.4	90.5	0.40%	-0.04%	0.54% (Jul 2025)	0% (Oct 2024)	1.00 L	0.00	Small Cap	8.17
Mahindra Lifespace Developers Ltd.	Residential, commercial projects	0.82	88.3	0.39%	-0.02%	0.41% (Aug 2025)	0.03% (May 2025)	2.50 L	0.00	Small Cap	8.17
# Aptus Value Housing Finance India Ltd.	Housing finance company	1.39	86.3	0.38%	0.38%	0.38% (Sep 2025)	0% (Oct 2024)	2.70 L	2.70 L	Other	15.97
HDFC Life Insurance Company Ltd.	Life insurance	1.72	85.1	0.38%	-0.03%	0.75% (Apr 2025)	0.38% (Sep 2025)	1.13 L	0.00	Large Cap	30.43
# PB Fintech Ltd.	Financial technology (fintech)	0.38	85.1	0.38%	0.38%	0.38% (Sep 2025)	0% (Oct 2024)	50.00 k	50.00 k	Other	15.97
Grasim Industries Limited	Cement & cement products	0.37	84.5	0.37%	-0.03%	0.46% (Oct 2024)	0.37% (Sep 2025)	30.64 k	0.00	Large Cap	30.43
VRL Logistic Ltd.	Logistics solution provider	0.36	82	0.36%	-0.01%	0.59% (May 2025)	0.31% (Oct 2024)	3.00 L	0.00	Small Cap	8.17
Greenpanel Industries Ltd.	Plywood boards/ laminates	0.36	81.1	0.36%	-0.02%	0.4% (Jul 2025)	0.26% (Feb 2025)	3.00 L	0.00	Other	15.97
Syrma SGS Technology Ltd.	Industrial products	0.36	80.9	0.36%	-0.03%	0.39% (Aug 2025)	0% (Oct 2024)	1.05 L	-4.26 k	Other	15.97
Dr. Reddys Laboratories Ltd.	Pharmaceuticals	3.11	79.5	0.35%	-0.04%	0.46% (Dec 2024)	0.35% (Sep 2025)	65.00 k	0.00	Other	15.97
Exide Industries Ltd.	Auto components & equipments	0.9	78.2	0.35%	-0.02%	0.37% (Aug 2025)	0% (Oct 2024)	2.00 L	0.00	Mid Cap	11.46
Sobha Ltd.	Residential, commercial projects	0.82	77.9	0.35%	0.01%	0.39% (Jul 2025)	0.34% (Aug 2025)	50.56 k	0.00	Small Cap	8.17
Avanti Feeds Ltd.	Animal feed	0.34	76.9	0.34%	0.11%	0.55% (Feb 2025)	0% (Oct 2024)	1.20 L	45.00 k	Small Cap	8.17
- APL Apollo Tubes Ltd.	Iron & steel products	1.75	75.9	0.34%	0.00%	0.52% (Dec 2024)	0.34% (Aug 2025)	45.00 k	0.00	Other	15.97
Crompton Greaves Consumer Electricals Ltd.	Household appliances	0.32	72.8	0.32%	-0.07%	0.39% (Aug 2025)	0% (Oct 2024)	2.50 L	0.00	Mid Cap	11.46
Lupin Ltd.	Pharmaceuticals	3.11	70.7	0.31%	-0.02%	0.71% (Jan 2025)	0.22% (Nov 2024)	36.98 k	0.00	Large Cap	30.43
Equitas Small Finance Bank Ltd.	Other bank	0.55	68.6	0.30%	0.02%	0.3% (Sep 2025)	0% (Oct 2024)	12.00 L	0.00	Other	15.97
DCB Bank Ltd.	Private sector bank	11.15	63.4	0.28%	0.05%	0.28% (Sep 2025)	0% (Oct 2024)	5.00 L	1.00 L	Small Cap	8.17
Go Fashion (India) Ltd.	Speciality retail	1.01	62.9	0.28%	-0.03%	0.38% (Dec 2024)	0.22% (Nov 2024)	93.24 k	0.00	Other	15.97
Kirloskar Oil Engines Ltd.	Compressors, pumps & diesel engines	0.28	62.8	0.28%	-0.14%	0.54% (Jul 2025)	0% (Oct 2024)	68.39 k	-0.32 L	Small Cap	8.17
Cipla Ltd.	Pharmaceuticals	3.11	62.6	0.28%	-0.03%	1.04% (Oct 2024)	0.28% (Sep 2025)	41.63 k	0.00	Large Cap	30.43
Updater Services Ltd.	Diversified commercial services	0.71	62.1	0.28%	-0.01%	0.59% (Nov 2024)	0.28% (Sep 2025)	2.50 L	0.00	Other	15.97
Cera Sanitaryware Ltd.	Sanitary ware	0.26	58.3	0.26%	-0.02%	0.32% (Jun 2025)	0% (Oct 2024)	9.45 k	0.00	Small Cap	8.17
Indusind Bank Ltd.	Private sector bank	11.15	58.2	0.26%	-0.02%	1.53% (Feb 2025)	0.26% (Sep 2025)	79.10 k	0.00	Large Cap	30.43
J S W Steel Ltd.	Iron & steel products	1.75	57.9	0.26%	0.02%	0.3% (Mar 2025)	0.2% (Nov 2024)	50.63 k	0.00	Large Cap	30.43
Nestle India Ltd.	Packaged foods	0.26	57.7	0.26%	-0.01%	0.64% (Apr 2025)	0% (Oct 2024)	50.00 k	0.00	Other	15.97
Ashok Leyland Ltd.	Commercial vehicles	0.25	57.1	0.25%	0.01%	0.51% (Nov 2024)	0.24% (Aug 2025)	4.00 L	0.00	Mid Cap	11.46
Ujjivan Small Finance Bank Ltd.	Other bank	0.55	55.6	0.25%	0.01%	0.26% (Jul 2025)	0% (Oct 2024)	12.00 L	0.00	Other	15.97
Swiggy Ltd.	E-retail/ e-commerce	0.71	55	0.24%	-0.01%	0.25% (Jul 2025)	0% (Oct 2024)	1.30 L	0.00	Other	15.97
- Hero Motocorp Ltd.	2/3 wheelers	0.72	54.7	0.24%	0.00%	0.62% (Jul 2025)	0.24% (Aug 2025)	10.00 k	0.00	Large Cap	30.43
Sonata Software Ltd.	Computers - software & consulting	4.27	51.9	0.23%	0.06%	0.23% (Sep 2025)	0% (Oct 2024)	1.50 L	50.00 k	Small Cap	8.17
Yatra Online Ltd.	Tour, travel related services	0.63	48.9	0.22%	-0.22%	0.44% (Aug 2025)	0.22% (Sep 2025)	3.50 L	-2.74 L	Other	15.97
# ICICI Lombard General Insurance Co Ltd.	General insurance	0.71	47.2	0.21%	0.21%	0.66% (Jun 2025)	0% (Oct 2024)	25.00 k	25.00 k	Large Cap	30.43
Hindalco Industries Ltd.	Aluminium	0.2	44.8	0.20%	0.01%	0.48% (Feb 2025)	0.19% (Aug 2025)	58.80 k	0.00	Large Cap	30.43
SRF Ltd.	Specialty chemicals	0.19	42.4	0.19%	-0.01%	0.24% (Jun 2025)	0% (Oct 2024)	15.00 k	0.00	Mid Cap	11.46
Finolex Industries Ltd.	Plastic products - industrial	0.18	40	0.18%	0.03%	0.18% (Sep 2025)	0% (Oct 2024)	2.00 L	50.00 k	Other	15.97
Avenue Supermarts Ltd.	Diversified retail	0.75	35.8	0.16%	-0.02%	0.61% (Apr 2025)	0.16% (Sep 2025)	8.00 k	0.00	Large Cap	30.43
# Steel Authority Of India Ltd.	Iron & steel products	1.75	31.6	0.14%	0.14%	0.14% (Sep 2025)	0% (Oct 2024)	2.35 L	2.35 L	Mid Cap	11.46
STL Networks Ltd.	Telecom - equipment & accessories	0.13	28.3	0.13%	0.01%	0.13% (Apr 2025)	0% (Oct 2024)	9.56 L	0.00	Other	15.97
SBI Life Insurance Co Ltd.	Life insurance	1.72	27.5	0.12%	-0.01%	0.49% (Jan 2025)	0% (Oct 2024)	15.38 k	0.00	Large Cap	30.43
Mphasis Ltd.	Computers - software & consulting	4.27	26.6	0.12%	-0.01%	0.13% (Aug 2025)	0% (Oct 2024)	10.00 k	0.00	Mid Cap	11.46
# DLF Ltd.	Residential, commercial projects	0.82	17.7	0.08%	0.08%	0.08% (Sep 2025)	0% (Oct 2024)	24.75 k	24.75 k	Large Cap	30.43
# Punjab National Bank	Public sector bank	2.32	10.8	0.05%	0.05%	0.05% (Sep 2025)	0% (Oct 2024)	96.00 k	96.00 k	Large Cap	30.43
Hindustan Unilever Ltd.	Diversified fmcg	0.04	9.8	0.04%	-0.01%	0.91% (Oct 2024)	0.04% (Sep 2025)	3.90 k	0.00	Large Cap	30.43
# Indian Oil Corporation Ltd.	Refineries & marketing	4.21	2.9	0.01%	0.01%	0.01% (Sep 2025)	0% (Oct 2024)	19.50 k	19.50 k	Large Cap	30.43
- Power Grid Corporation of India Ltd.	Power - transmission	0.01	1.6	0.01%	0.00%	0.01% (Aug 2025)	0% (Oct 2024)	5.70 k	0.00	Large Cap	30.43
Wockhardt Ltd.	Pharmaceuticals	3.11	26	0.00%	-0.12%	-	-	-	-	Small Cap	8.17

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

New Stocks added in Portfolio (in 1 month period ending 30th Sep,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# PB Fintech Ltd.	Financial technology (fintech)	85.1	0.38%	0.38%	0.38% (Sep 2025)	0% (Oct 2024)	50.00 k	50000
# InterGlobe Aviation Ltd.	Airline	144.7	0.64%	0.64%	0.64% (Sep 2025)	0% (Oct 2024)	25.86 k	25863
# Indian Oil Corporation Ltd.	Refineries & marketing	2.9	0.01%	0.01%	0.01% (Sep 2025)	0% (Oct 2024)	19.50 k	19500
# Aptus Value Housing Finance India Ltd.	Housing finance company	86.3	0.38%	0.38%	0.38% (Sep 2025)	0% (Oct 2024)	2.70 L	270000
# Trent Limited	Speciality retail	163.7	0.73%	0.73%	0.73% (Sep 2025)	0% (Oct 2024)	35.00 k	35000
# Punjab National Bank	Public sector bank	10.8	0.05%	0.05%	0.05% (Sep 2025)	0% (Oct 2024)	96.00 k	96000
# ICICI Lombard General Insurance Co Ltd.	General insurance	47.2	0.21%	0.21%	0.66% (Jun 2025)	0% (Oct 2024)	25.00 k	25000
# Steel Authority Of India Ltd.	Iron & steel products	31.6	0.14%	0.14%	0.14% (Sep 2025)	0% (Oct 2024)	2.35 L	235000
# DLF Ltd.	Residential, commercial projects	17.7	0.08%	0.08%	0.08% (Sep 2025)	0% (Oct 2024)	24.75 k	24750

Stocks removed from Portfolio (in 1 month period ending 30th Sep,2025)

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Wockhardt Ltd.	Pharmaceuticals	26	0.00%	-0.12%	0.23% (Jun 2025)	0% (Oct 2024)	0.00	-18189

Trend in stock holdings (Top 15 Holding)

Stock	Sep 2025	Aug 2025	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025	Jan 2025	Dec 2024	Nov 2024	Oct 2024	Sep 2024
Reliance Industries Ltd.	4.20%	4.43%	4.64%	5.15%	5.19%	5.29%	5.49%	5.93%	6.00%	5.82%	5.14%	4.86%	3.46%
HDFC Bank Ltd.	3.79%	4.03%	4.37%	4.45%	4.53%	4.62%	4.54%	4.42%	4.16%	4.39%	3.91%	3.85%	4.48%
Infosys Ltd.	1.32%	2.13%	2.24%	2.05%	2.10%	2.07%	2.24%	2.48%	2.65%	2.58%	2.55%	2.46%	2.62%
ICICI Bank Ltd.	2.57%	2.24%	2.43%	2.22%	2.33%	2.37%	2.31%	2.13%	2.12%	2.19%	2.09%	2.11%	2.08%
Axis Bank Ltd.	1.82%	2.28%	1.77%	2.42%	2.52%	2.66%	2.56%	2.43%	2.26%	2.09%	1.46%	1.52%	1.61%
Tata Consultancy Services Ltd.	1.69%	1.91%	1.92%	2.08%	2.18%	2.24%	2.42%	1.91%	2.17%	2.18%	2.28%	2.16%	1.48%
Bajaj Finance Ltd.	1.88%	1.75%	1.67%	1.83%	1.92%	1.99%	2.13%	2.43%	2.15%	1.88%	1.55%	1.65%	1.85%
State Bank Of India	1.43%	1.39%	1.42%	0.73%	0.63%	0.63%	2.66%	1.86%	2.61%	2.56%	1.91%	1.90%	1.43%
Bharti Airtel Ltd.	1.60%	1.62%	1.68%	1.81%	1.75%	1.82%	1.23%	1.14%	1.14%	1.12%	1.15%	1.16%	1.23%
NMDC LTD	1.72%	1.64%	1.73%	1.83%	1.95%	1.83%	0.53%	0.50%	0.50%	0.51%	0.53%	0.52%	0.58%
National Thermal Power Corporation Ltd.	1.14%	1.17%	1.22%	1.25%	0.88%	0.96%	1.00%	0.98%	0.45%	0.33%	0.98%	1.12%	1.21%
ITC Limited	-	-	0.30%	0.31%	0.33%	0.34%	0.34%	0.64%	0.69%	1.83%	1.81%	1.89%	1.90%
Mahindra & Mahindra Ltd.	0.88%	0.87%	0.89%	0.91%	0.89%	0.90%	0.85%	0.85%	0.94%	0.96%	0.95%	0.89%	1.01%
Maruti Suzuki India Ltd.	0.89%	0.87%	0.94%	0.95%	0.99%	1.01%	0.98%	0.88%	0.87%	0.77%	0.70%	0.71%	1.22%
Eternal Ltd.	0.47%	0.48%	0.59%	0.82%	0.87%	0.87%	1.56%	-	-	-	-	-	-
Zomato Ltd.	-	-	-	-	-	-	-	0.63%	0.60%	0.88%	0.89%	0.81%	0.76%

No of Debt Holding 1 (Category Avg - 16.90) | Modified Duration 6.89 Years (Category Avg - 2.75)| Yield to Maturity 6.56% (Category Avg - 6.52%)

Portfolio Summary (as on 30th Sep,2025)

Security Type	% Weight	Category Average
GOI	6.37%	7.14%
CD	0.00%	1.00%
T-Bills	0.00%	0.66%
CP	0.00%	0.12%
NCD & Bonds	0.00%	8.03%
PTC	0.00%	0.10%

Category - Multi Asset Allocation

Security Type	% Weight	Category Average
Government Backed	6.37%	7.80%
Low Risk	0.00%	0.00%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Category - Multi Asset Allocation

Debt holding in Portfolio (as on 30th Sep,2025)

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - Govt of India	GOI	Other			1435.61	6.37%	1.42 Cr

Name	Type of Instrument	Weight (%)
MF Units	MF Units	9.41%
MF Units	MF Units	7.13%
MF Units	MF Units	6.45%
TREPS	TREPS	4.81%
Margin	Margin	0.09%
Cash and Bank	Cash and Bank	0.01%
Net Receivables	Net Receivables	-0.30%