HDFC Dividend Yield 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 : 8.92%. Category average turnover ratio is 34.87%. Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)

Equity Holding : 98.83% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.83%

No of Stocks : 131 (Category Avg - 63.20) | Large Cap Investments : 54.8%| Mid Cap Investments : 9.9% | Small Cap Investments : 10.32% | Other : 23.81%

Portfolio Summary (as on 31st Oct,2025)

Particulars	This Scheme	Category
No. of Stocks	131	62.1
Top 5 Stock Weight	19.79%	23.04%
Top 10 Stock Weight	31.48%	37.09%
Top 3 Sector Weight	32.84%	30.57%

Category - Dividend Yield Fund

Particulars	This Scheme	Category
Average mcap (Cr)	120854.08	116891.65
Holdings in large cap stocks	54.8%	51.67%
Holdings in mid cap stocks	9.9%	13.01%
Holdings in small cap stocks	10.32%	8.87%

Category - Dividend Yield 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
HDFC Bank Ltd.	Private sector bank	3899.8	6.10%	0.03%	6.4% (Feb 2025)	5.78% (Jan 2025)	39.50 L	0.00
ICICI Bank Ltd.	Private sector bank	3457.4	5.41%	-0.19%	5.81% (Aug 2025)	4.18% (Dec 2024)	25.70 L	0.00
Axis Bank Ltd.	Private sector bank	2034.1	3.18%	0.07%	3.18% (Oct 2025)	2.6% (Jan 2025)	16.50 L	-0.50 L
Bharti Airtel Ltd.	Telecom - cellular & fixed line services	1643.6	2.57%	0.14%	2.57% (Oct 2025)	1.55% (Dec 2024)	8.00 L	0.00
Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	1618.6	2.53%	-0.06%	2.59% (Sep 2025)	1.88% (Dec 2024)	1.00 L	0.00
Larsen & Toubro Ltd.	Civil construction	1612.4	2.52%	0.10%	2.55% (Nov 2024)	2.27% (Apr 2025)	4.00 L	-0.10 L
Infosys Ltd.	Computers - software & consulting	1482.3	2.32%	-0.01%	3.14% (Jan 2025)	2.32% (Oct 2025)	10.00 L	0.00
Reliance Industries Ltd.	Refineries & marketing	1486.4	2.32%	0.12%	2.32% (Oct 2025)	1.98% (Dec 2024)	10.00 L	0.00
Kotak Mahindra Bank Ltd.	Private sector bank	1471.5	2.30%	0.01%	2.66% (Mar 2025)	2.1% (Nov 2024)	7.00 L	-0.10 L
Tech Mahindra Ltd.	Computers - software & consulting	1424.4	2.23%	-0.03%	2.8% (Jan 2025)	2.23% (Oct 2025)	10.00 L	0.00

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

View complete holding

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

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Sector
M-Cap

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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
HDFC Bank Ltd.	Private sector bank	18.74	3899.8	6.10%	0.03%	6.4% (Feb 2025)	5.78% (Jan 2025)	39.50 L	0.00	Other	23.81
ICICI Bank Ltd.	Private sector bank	18.74	3457.4	5.41%	-0.19%	5.81% (Aug 2025)	4.18% (Dec 2024)	25.70 L	0.00	Large Cap	54.8
Axis Bank Ltd.	Private sector bank	18.74	2034.1	3.18%	0.07%	3.18% (Oct 2025)	2.6% (Jan 2025)	16.50 L	-0.50 L	Large Cap	54.8
Bharti Airtel Ltd.	Telecom - cellular & fixed line services	3.25	1643.6	2.57%	0.14%	2.57% (Oct 2025)	1.55% (Dec 2024)	8.00 L	0.00	Large Cap	54.8
Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	3.53	1618.6	2.53%	-0.06%	2.59% (Sep 2025)	1.88% (Dec 2024)	1.00 L	0.00	Large Cap	54.8
Larsen & Toubro Ltd.	Civil construction	3.59	1612.4	2.52%	0.10%	2.55% (Nov 2024)	2.27% (Apr 2025)	4.00 L	-0.10 L	Large Cap	54.8
Infosys Ltd.	Computers - software & consulting	9.01	1482.3	2.32%	-0.01%	3.14% (Jan 2025)	2.32% (Oct 2025)	10.00 L	0.00	Large Cap	54.8
Reliance Industries Ltd.	Refineries & marketing	3.44	1486.4	2.32%	0.12%	2.32% (Oct 2025)	1.98% (Dec 2024)	10.00 L	0.00	Large Cap	54.8
Kotak Mahindra Bank Ltd.	Private sector bank	18.74	1471.5	2.30%	0.01%	2.66% (Mar 2025)	2.1% (Nov 2024)	7.00 L	-0.10 L	Large Cap	54.8
Tech Mahindra Ltd.	Computers - software & consulting	9.01	1424.4	2.23%	-0.03%	2.8% (Jan 2025)	2.23% (Oct 2025)	10.00 L	0.00	Large Cap	54.8
National Thermal Power Corporation Ltd.	Power generation	3.07	1280.4	2.00%	-0.09%	2.28% (Mar 2025)	1.93% (Jun 2025)	38.00 L	0.00	Large Cap	54.8
SBI Life Insurance Co Ltd.	Life insurance	2.47	1173.4	1.84%	0.10%	1.84% (Oct 2025)	1.4% (Dec 2024)	6.00 L	0.00	Large Cap	54.8
HCL Technologies Limited	Computers - software & consulting	9.01	1144.6	1.79%	0.13%	2.32% (Dec 2024)	1.66% (Sep 2025)	7.43 L	0.00	Large Cap	54.8
Tata Consultancy Services Ltd.	Computers - software & consulting	9.01	1133.3	1.77%	0.04%	2.58% (Nov 2024)	1.73% (Sep 2025)	3.71 L	0.00	Large Cap	54.8
State Bank Of India	Public sector bank	2.41	1124.4	1.76%	0.07%	1.76% (Oct 2025)	1.48% (Jul 2025)	12.00 L	0.00	Large Cap	54.8
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	5.09	1082.1	1.69%	0.04%	2.1% (Dec 2024)	1.65% (Sep 2025)	6.40 L	0.00	Large Cap	54.8
ITC Limited	Diversified fmcg	2.61	966.8	1.51%	0.02%	1.81% (Dec 2024)	1.45% (Jun 2025)	23.00 L	0.00	Large Cap	54.8
Bajaj Auto Ltd.	2/3 wheelers	2.79	933.7	1.46%	-0.08%	1.75% (Jan 2025)	1.27% (Dec 2024)	1.05 L	-5.00 k	Large Cap	54.8
Eicher Motors Ltd.	2/3 wheelers	2.79	847.9	1.33%	-0.08%	1.41% (Sep 2025)	0.98% (Dec 2024)	1.21 L	-4.00 k	Other	23.81
Oil & Natural Gas Corporation Ltd.	Oil exploration & production	1.29	825.9	1.29%	0.04%	1.42% (Jan 2025)	0.84% (Nov 2024)	32.34 L	0.00	Large Cap	54.8
Ambuja Cements Ltd.	Cement & cement products	1.24	791.6	1.24%	-0.05%	1.38% (Jul 2025)	1.24% (Oct 2025)	14.00 L	0.00	Large Cap	54.8
Indusind Bank Ltd.	Private sector bank	18.74	794.8	1.24%	0.05%	1.83% (Feb 2025)	1.11% (Mar 2025)	10.00 L	0.00	Large Cap	54.8
Info Edge (India) Ltd.	Internet & catalogue retail	1.24	791.7	1.24%	0.03%	1.31% (Apr 2025)	0% (Nov 2024)	5.74 L	0.00	Other	23.81
- Tata Steel Ltd.	Iron & steel products	1.23	786.2	1.23%	0.00%	1.23% (Oct 2025)	0.84% (Dec 2024)	43.00 L	-2.00 L	Other	23.81
Coal India Ltd.	Coal	1.22	777.3	1.22%	-0.04%	1.36% (Nov 2024)	1.17% (Jul 2025)	20.00 L	0.00	Large Cap	54.8
Hindustan Petroleum Corporation Ltd.	Refineries & marketing	3.44	714	1.12%	0.05%	1.12% (Oct 2025)	0% (Nov 2024)	15.00 L	0.00	Large Cap	54.8
Hindustan Unilever Ltd.	Diversified fmcg	2.61	702.7	1.10%	-0.06%	1.26% (Aug 2025)	1.04% (Jun 2025)	2.85 L	0.00	Large Cap	54.8
PVR Inox Ltd.	Film production, distribution & exhibition	1.04	666.8	1.04%	0.08%	1.14% (Nov 2024)	0.81% (Jun 2025)	5.53 L	0.00	Small Cap	10.32
Cipla Ltd.	Pharmaceuticals	5.09	655.3	1.02%	-0.04%	1.11% (Feb 2025)	0.99% (Jan 2025)	4.36 L	0.00	Large Cap	54.8
Aster DM Healthcare Ltd.	Hospital	1.85	645.9	1.01%	0.05%	1.01% (Oct 2025)	0.7% (Feb 2025)	9.53 L	0.00	Small Cap	10.32
Kaynes Technology India Private Ltd.	Industrial products	0.94	603.4	0.94%	-0.09%	1.81% (Dec 2024)	0.92% (Jun 2025)	90.00 k	0.00	Other	23.81
Cesc Ltd.	Integrated power utilities	0.88	560.1	0.88%	0.07%	0.99% (Nov 2024)	0.74% (Feb 2025)	31.12 L	0.00	Other	23.81
Cholamandalam Financial Holdings Ltd.	Investment company	0.85	546	0.85%	-0.02%	0.98% (Jun 2025)	0.68% (Dec 2024)	2.85 L	0.00	Small Cap	10.32
UPL Ltd.	Pesticides & agrochemicals	0.85	543.9	0.85%	0.05%	0.85% (Oct 2025)	0.55% (Dec 2024)	7.55 L	0.00	Large Cap	54.8
- Apollo Hospitals Enterprises Ltd.	Hospital	1.85	537.7	0.84%	0.00%	0.9% (Aug 2025)	0.81% (May 2025)	70.00 k	0.00	Mid Cap	9.9
Sterlite Technologies Ltd.	Other telecom services	0.83	527.8	0.83%	0.01%	0.97% (Nov 2024)	0.51% (Apr 2025)	44.93 L	0.00	Small Cap	10.32
Power Finance Corporation Ltd.	Financial institution	1.35	483.9	0.76%	-0.04%	0.97% (Nov 2024)	0.72% (Aug 2025)	12.00 L	0.00	Mid Cap	9.9
Hindustan Aeronautics Ltd.	Aerospace & defense	1.53	468	0.73%	-0.04%	1.46% (Nov 2024)	0.68% (Aug 2025)	1.00 L	0.00	Other	23.81
Balrampur Chini Mills Ltd.	Sugar	0.72	459	0.72%	-0.02%	1.05% (Nov 2024)	0.72% (Oct 2025)	10.00 L	0.00	Small Cap	10.32
Orient Refractories Ltd.	Electrodes & refractories	0.71	456.9	0.71%	0.03%	0.82% (Mar 2025)	0.6% (Jan 2025)	9.58 L	0.00	Small Cap	10.32
Wipro Ltd.	Computers - software & consulting	9.01	436	0.68%	-0.02%	0.94% (Jan 2025)	0.68% (Oct 2025)	18.12 L	0.00	Large Cap	54.8
Blue Dart Express Ltd.	Logistics solution provider	1.26	427.2	0.67%	0.07%	0.79% (Nov 2024)	0.58% (Aug 2025)	65.00 k	0.00	Small Cap	10.32
Bharat Electronics Ltd.	Aerospace & defense	1.53	417.9	0.65%	0.01%	1.5% (Nov 2024)	0.57% (Aug 2025)	9.81 L	0.00	Mid Cap	9.9
Canara Bank	Public sector bank	2.41	414.5	0.65%	0.05%	0.65% (Oct 2025)	0.44% (Feb 2025)	30.26 L	0.00	Other	23.81
Cummins India Ltd.	Compressors, pumps & diesel engines	0.64	412.4	0.64%	0.04%	0.64% (Oct 2025)	0.44% (Apr 2025)	94.92 k	0.00	Mid Cap	9.9
Nestle India Ltd.	Packaged foods	0.64	406.9	0.64%	0.04%	0.64% (Feb 2025)	0.56% (Jul 2025)	3.20 L	0.00	Other	23.81
Apollo Tyres Limited	Tyres & rubber products	0.63	401.2	0.63%	0.02%	0.69% (Dec 2024)	0.54% (Jun 2025)	8.00 L	0.00	Mid Cap	9.9
HDFC Life Insurance Company Ltd.	Life insurance	2.47	402.2	0.63%	-0.04%	0.68% (Jun 2025)	0.54% (Nov 2024)	5.50 L	0.00	Large Cap	54.8
Beml Land Assets Ltd.	Construction vehicles	0.72	375.4	0.59%	-0.04%	0.7% (Nov 2024)	0.57% (May 2025)	18.04 L	0.00	Other	23.81
Rural Electrification Corporation Limited	Financial institution	1.35	374.9	0.59%	-0.01%	0.87% (Nov 2024)	0.55% (Aug 2025)	10.00 L	0.00	Mid Cap	9.9
Tata Communications Ltd.	Telecom - cellular & fixed line services	3.25	375.1	0.59%	0.07%	0.59% (Oct 2025)	0.49% (Aug 2025)	2.00 L	0.00	Mid Cap	9.9
- VRL Logistic Ltd.	Logistics solution provider	1.26	376.5	0.59%	0.00%	0.65% (Jul 2025)	0.5% (Apr 2025)	13.45 L	0.00	Small Cap	10.32
Whirlpool Of India Ltd.	Household appliances	0.77	371.9	0.58%	0.07%	0.8% (Nov 2024)	0.44% (Mar 2025)	2.66 L	0.00	Mid Cap	9.9
Bharti Hexacom Ltd.	Telecom - equipment & accessories	0.78	365.8	0.57%	0.04%	0.59% (Jun 2025)	0.45% (Jan 2025)	1.97 L	0.00	Other	23.81
- GAIL (India) Ltd.	Gas transmission/marketing	0.57	365.5	0.57%	0.00%	0.65% (Nov 2024)	0.55% (Aug 2025)	20.00 L	0.00	Large Cap	54.8
- Lupin Ltd.	Pharmaceuticals	5.09	363.4	0.57%	0.00%	0.71% (Dec 2024)	0.54% (Jun 2025)	1.85 L	0.00	Large Cap	54.8
AIA Engineering Ltd.	Castings & forgings	0.55	349	0.55%	0.02%	0.66% (Jan 2025)	0.52% (Aug 2025)	1.07 L	0.00	Mid Cap	9.9
- Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	3.53	348.7	0.55%	0.00%	0.55% (Sep 2025)	0.45% (Mar 2025)	1.00 L	0.00	Large Cap	54.8
UTI Asset Management Co. Pvt. Ltd.	Asset management company	0.54	346.2	0.54%	-0.04%	0.61% (Dec 2024)	0.46% (Apr 2025)	2.78 L	0.00	Other	23.81
Indraprastha Gas Ltd.	Lpg/cng/png/lng supplier	0.53	342.1	0.53%	-0.01%	0.55% (Mar 2025)	0.43% (Nov 2024)	16.14 L	0.00	Mid Cap	9.9
NHPC Ltd.	Power generation	3.07	339.4	0.53%	-0.03%	0.56% (Sep 2025)	0.49% (Aug 2025)	40.00 L	0.00	Mid Cap	9.9
Sagility India Ltd.	It enabled services	0.98	341.5	0.53%	0.08%	0.53% (Oct 2025)	0% (Nov 2024)	65.00 L	0.00	Other	23.81
Godrej Consumer Products Ltd	Personal care	0.94	335.6	0.52%	-0.05%	0.61% (Apr 2025)	0.52% (Oct 2025)	3.00 L	0.00	Large Cap	54.8
RBL Bank Ltd.	Private sector bank	18.74	326.4	0.51%	0.06%	0.51% (Oct 2025)	0.25% (Nov 2024)	10.00 L	0.00	Mid Cap	9.9
Siemens Energy India Ltd.	Power generation	3.07	318.6	0.50%	-0.05%	0.55% (Sep 2025)	0% (Nov 2024)	1.00 L	0.00	Other	23.81
- Bajaj Finserv Ltd	Holding company	0.49	313.3	0.49%	0.00%	0.51% (Feb 2025)	0.38% (Dec 2024)	1.50 L	0.00	Other	23.81
Siemens Ltd.	Heavy electrical equipment	1.21	309.6	0.48%	-0.03%	0.88% (Mar 2025)	0% (Nov 2024)	1.00 L	0.00	Large Cap	54.8
TD Power Systems Ltd.	Heavy electrical equipment	1.21	310	0.48%	-0.19%	1.08% (Dec 2024)	0.48% (Oct 2025)	4.00 L	-3.00 L	Other	23.81
Mahindra Holidays & Resorts India Ltd.	Hotels & resorts	0.55	298.1	0.47%	-0.05%	0.55% (Nov 2024)	0.43% (Mar 2025)	9.07 L	0.00	Small Cap	10.32
PNB Housing Finance Ltd.	Housing finance company	0.47	299.6	0.47%	0.02%	0.54% (Jun 2025)	0.38% (Aug 2025)	3.23 L	0.00	Mid Cap	9.9
Premier Energies Ltd.	Other electrical equipment	0.56	301.7	0.47%	0.01%	0.66% (Dec 2024)	0.46% (Sep 2025)	2.76 L	0.00	Other	23.81
Bosch Ltd.	Auto components & equipments	1.05	296.8	0.46%	-0.03%	0.5% (Jul 2025)	0.24% (Feb 2025)	7.97 k	0.00	Large Cap	54.8
Glenmark Pharmaceuticals Ltd.	Pharmaceuticals	5.09	295.1	0.46%	-0.03%	0.52% (Jul 2025)	0% (Nov 2024)	1.56 L	0.00	Mid Cap	9.9
Cyient Ltd.	It enabled services	0.98	290.6	0.45%	-0.01%	0.61% (Jan 2025)	0.45% (Oct 2025)	2.50 L	0.00	Small Cap	10.32
Medi Assist Healthcare Services Ltd.	Healthcare service provider	0.45	287.6	0.45%	0.02%	0.49% (Nov 2024)	0.37% (Apr 2025)	5.05 L	0.00	Other	23.81
Tata Motors Ltd.	Passenger cars & utility vehicles	3.53	287	0.45%	-0.32%	0.84% (Jan 2025)	0.45% (Oct 2025)	7.00 L	0.00	Large Cap	54.8
Biocon Ltd.	Pharmaceuticals	5.09	273.3	0.43%	0.03%	0.45% (Jul 2025)	0.38% (Apr 2025)	7.34 L	0.00	Mid Cap	9.9
Vardhman Textiles Ltd.	Other textile products	0.48	276.6	0.43%	0.01%	0.52% (Dec 2024)	0.42% (Mar 2025)	6.34 L	0.00	Other	23.81
Divis Laboratories Ltd.	Pharmaceuticals	5.09	269.5	0.42%	0.05%	0.42% (Oct 2025)	0.37% (Jan 2025)	40.00 k	0.00	Large Cap	54.8
Emami Ltd.	Personal care	0.94	267.2	0.42%	-0.01%	0.56% (Nov 2024)	0.42% (Oct 2025)	5.00 L	0.00	Mid Cap	9.9
InterGlobe Aviation Ltd.	Airline	0.42	267.8	0.42%	-0.01%	0.44% (Jul 2025)	0% (Nov 2024)	47.61 k	0.00	Large Cap	54.8
GHCL Ltd.	Commodity chemicals	0.4	256.1	0.40%	0.01%	0.49% (Jan 2025)	0.35% (Aug 2025)	4.00 L	0.00	Small Cap	10.32
Hindalco Industries Ltd.	Aluminium	0.4	254.4	0.40%	-0.09%	0.49% (Sep 2025)	0.39% (Dec 2024)	3.00 L	-0.99 L	Large Cap	54.8
Dilip Buildcon Ltd.	Civil construction	3.59	247.6	0.39%	0.01%	0.52% (Mar 2025)	0.38% (Sep 2025)	5.00 L	0.00	Small Cap	10.32
# SKF India (Industrial) Ltd.	Auto components & equipments	1.05	252.1	0.39%	0.39%	0.39% (Oct 2025)	0% (Nov 2024)	93.08 k	93.08 k	Other	23.81
Asian Paints (india) Ltd.	Paints	0.37	236	0.37%	0.01%	0.38% (Nov 2024)	0.33% (May 2025)	94.00 k	0.00	Large Cap	54.8
Finolex Cables Ltd.	Cables - electricals	0.37	235.8	0.37%	-0.03%	0.58% (Dec 2024)	0.37% (Oct 2025)	3.00 L	0.00	Small Cap	10.32
PNC Infratech Ltd.	Civil construction	3.59	223.2	0.35%	-0.03%	0.43% (Dec 2024)	0.34% (Apr 2025)	7.96 L	0.00	Small Cap	10.32
Fusion Finance Ltd.	Microfinance institutions	0.46	211	0.33%	-0.03%	0.36% (Sep 2025)	0.27% (Mar 2025)	11.59 L	0.00	Other	23.81
SKF India Ltd.	Abrasives & bearings	0.39	199.3	0.31%	-0.40%	0.76% (Nov 2024)	0.31% (Oct 2025)	93.08 k	0.00	Small Cap	10.32
Gland Pharma Ltd.	Pharmaceuticals	5.09	192.9	0.30%	-0.02%	0.32% (Sep 2025)	0.23% (Apr 2025)	1.00 L	0.00	Other	23.81
# TML Commercial Vehicles Ltd.	Commercial vehicles	0.29	182.5	0.29%	0.29%	0.29% (Oct 2025)	0% (Nov 2024)	7.00 L	7.00 L	Other	23.81
Go Fashion (India) Ltd.	Speciality retail	0.59	166.9	0.26%	-0.02%	0.47% (Nov 2024)	0.26% (Oct 2025)	2.59 L	0.00	Other	23.81
Star Health and Allied Insurance Co Ltd.	General insurance	0.22	142.8	0.22%	0.01%	0.22% (May 2025)	0.17% (Mar 2025)	2.89 L	0.00	Other	23.81
- Diffusion Engineers Ltd.	Other industrial products	0.21	131.2	0.21%	0.00%	0.21% (Oct 2025)	0.14% (Apr 2025)	3.54 L	0.00	Other	23.81
STL Networks Ltd.	Telecom - equipment & accessories	0.78	132.3	0.21%	-0.03%	0.24% (Sep 2025)	0% (Nov 2024)	50.42 L	0.00	Other	23.81
Electronics Mart lndia Ltd.	Speciality retail	0.59	128.4	0.20%	0.01%	0.25% (Nov 2024)	0.16% (May 2025)	8.50 L	0.00	Other	23.81
Emcure Pharmaceuticals Ltd.	Pharmaceuticals	5.09	130.8	0.20%	-0.01%	0.23% (Dec 2024)	0.16% (Apr 2025)	99.20 k	0.00	Other	23.81
- Endurance Technologies Ltd.	Auto components & equipments	1.05	127.7	0.20%	0.00%	0.2% (Oct 2025)	0.14% (Feb 2025)	45.00 k	0.00	Mid Cap	9.9
- Muthoot Finance Pvt. Ltd.	Non banking financial company (nbfc)	0.34	127.2	0.20%	0.00%	0.73% (Aug 2025)	0.2% (Sep 2025)	40.00 k	0.00	Mid Cap	9.9
Anthem Biosciences Ltd.	Biotechnology	0.19	124.1	0.19%	-0.02%	0.23% (Aug 2025)	0% (Nov 2024)	1.75 L	0.00	Other	23.81
- Epack Durable Ltd.	Household appliances	0.77	118.3	0.19%	0.00%	0.31% (Dec 2024)	0.18% (Jun 2025)	3.48 L	0.00	Other	23.81
Afcons Infrastructure Ltd.	Civil construction	3.59	115.4	0.18%	-0.01%	0.23% (Dec 2024)	0.16% (Jul 2025)	2.58 L	0.00	Other	23.81
Castrol (india) Ltd.	Lubricants	0.18	117	0.18%	-0.01%	0.23% (Feb 2025)	0.18% (Jan 2025)	6.00 L	0.00	Mid Cap	9.9
- Dam Capital Advisors Ltd.	Stockbroking & allied	0.18	115.9	0.18%	0.00%	0.3% (Dec 2024)	0% (Nov 2024)	4.75 L	0.00	Other	23.81
Popular Vehicles and Services Ltd.	Auto dealer	0.18	115.9	0.18%	-0.01%	0.21% (Nov 2024)	0.13% (Apr 2025)	8.03 L	0.00	Other	23.81
Stanley Lifestyles Ltd.	Furniture, home furnishing	0.18	112.3	0.18%	-0.01%	0.29% (Nov 2024)	0.18% (Oct 2025)	4.06 L	0.00	Other	23.81
Gujarat Pipavav Port Ltd.	Port & port services	0.16	100	0.16%	0.01%	0.18% (Dec 2024)	0.13% (Apr 2025)	6.00 L	0.00	Small Cap	10.32
DCX Systems Ltd.	Aerospace & defense	1.53	96.4	0.15%	-0.02%	0.53% (Dec 2024)	0.15% (Oct 2025)	4.28 L	0.00	Other	23.81
Quess Corp Ltd.	Business process outsourcing (bpo)/ knowledge process outsourcing (kpo)	0.3	96	0.15%	-0.01%	0.46% (Nov 2024)	0.15% (Oct 2025)	4.00 L	0.00	Small Cap	10.32
Techno Electric & Engineering Co. Ltd.	Civil construction	3.59	95.6	0.15%	-0.01%	0.19% (Dec 2024)	0.12% (Apr 2025)	72.46 k	0.00	Small Cap	10.32
- Birlasoft Ltd.	Computers - software & consulting	9.01	92.4	0.14%	0.00%	0.22% (Jan 2025)	0% (Nov 2024)	2.49 L	0.00	Small Cap	10.32
Chambal Fertilizers & Chemicals Ltd.	Fertilizers	0.14	86.8	0.14%	-0.01%	0.29% (Apr 2025)	0.14% (Oct 2025)	1.81 L	0.00	Small Cap	10.32
- Inox India Ltd.	Engineering	0.14	86.3	0.14%	0.00%	0.14% (Sep 2025)	0.11% (Jan 2025)	72.73 k	0.00	Other	23.81
- Jio Financial Services Ltd.	Non banking financial company (nbfc)	0.34	92	0.14%	0.00%	0.21% (Nov 2024)	0.14% (Sep 2025)	3.00 L	0.00	Other	23.81
KEC International Ltd.	Heavy electrical equipment	1.21	88.7	0.14%	-0.01%	0.21% (Dec 2024)	0.12% (Apr 2025)	1.08 L	0.00	Small Cap	10.32
Sun TV Network Ltd.	Tv broadcasting & software production	0.14	86.8	0.14%	0.01%	0.19% (Nov 2024)	0.13% (Aug 2025)	1.55 L	0.00	Mid Cap	9.9
# BEML Ltd.	Construction vehicles	0.72	85.6	0.13%	0.00%	0.13% (Jun 2025)	0% (Nov 2024)	19.46 k	19.46 k	Other	23.81
Fusion Finance Ltd. - Partly paid up	Microfinance institutions	0.46	84.9	0.13%	-0.02%	0.16% (Jun 2025)	0% (Nov 2024)	8.35 L	0.00	Other	23.81
Sai Silk (Kalamandir) Ltd.	Speciality retail	0.59	82.1	0.13%	0.02%	0.13% (Oct 2025)	0.09% (May 2025)	4.50 L	0.00	Other	23.81
- Voltamp Transformers Ltd.	Heavy electrical equipment	1.21	72.2	0.11%	0.00%	0.16% (Nov 2024)	0.11% (Sep 2025)	9.76 k	0.00	Small Cap	10.32
- Digitide Solutions Ltd.	Business process outsourcing (bpo)/ knowledge process outsourcing (kpo)	0.3	63.5	0.10%	0.00%	0.14% (Jul 2025)	0% (Nov 2024)	4.00 L	0.00	Other	23.81
Bharti Airtel Ltd. - Partly Paid	Telecom - cellular & fixed line services	3.25	56	0.09%	0.01%	0.09% (Oct 2025)	0.07% (Feb 2025)	35.71 k	0.00	Other	23.81
- Rishabh instruments Ltd.	Other electrical equipment	0.56	58.1	0.09%	0.00%	0.09% (Aug 2025)	0.05% (Mar 2025)	1.42 L	0.00	Other	23.81
- ITC Hotels Ltd	Hotels & resorts	0.55	49.9	0.08%	0.00%	0.09% (Aug 2025)	0% (Nov 2024)	2.30 L	0.00	Other	23.81
- Timken India Ltd.	Abrasives & bearings	0.39	54.2	0.08%	0.00%	0.09% (Nov 2024)	0.07% (Apr 2025)	17.25 k	0.00	Small Cap	10.32
- Bluspring Enterprises Ltd.	Business process outsourcing (bpo)/ knowledge process outsourcing (kpo)	0.3	31.7	0.05%	0.00%	0.05% (Sep 2025)	0% (Nov 2024)	4.00 L	0.00	Other	23.81
- GHCL Textiles Ltd.	Other textile products	0.48	30.8	0.05%	0.00%	0.07% (Dec 2024)	0.05% (Mar 2025)	4.00 L	0.00	Other	23.81
Sonata Software Ltd.	Computers - software & consulting	9.01	29.3	0.05%	0.01%	0.08% (Nov 2024)	0.04% (Aug 2025)	79.07 k	0.00	Small Cap	10.32
- NLC India Ltd.	Power generation	3.07	25.6	0.04%	0.00%	0.04% (Jul 2025)	0% (Nov 2024)	97.61 k	0.00	Small Cap	10.32
- Latent View Analytics Ltd.	Computers - software & consulting	9.01	22.4	0.03%	0.00%	0.04% (Dec 2024)	0.03% (Feb 2025)	49.86 k	0.00	Other	23.81

- 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
# SKF India (Industrial) Ltd.	Auto components & equipments	252.1	0.39%	0.39%	0.39% (Oct 2025)	0% (Nov 2024)	93.08 k	93081
# TML Commercial Vehicles Ltd.	Commercial vehicles	182.5	0.29%	0.29%	0.29% (Oct 2025)	0% (Nov 2024)	7.00 L	700000

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	Quantity	1M Change in Qty
No complete exits in the portfolio in the last month.

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
HDFC Bank Ltd.	6.10%	6.07%	6.12%	6.37%	6.18%	6.21%	6.35%	6.24%	6.40%	5.78%	5.89%	5.96%	5.77%
ICICI Bank Ltd.	5.41%	5.60%	5.81%	4.89%	4.66%	4.82%	4.92%	4.81%	4.37%	4.19%	4.18%	4.23%	4.22%
Axis Bank Ltd.	3.18%	3.11%	2.94%	2.95%	2.87%	2.95%	3.03%	2.92%	2.91%	2.60%	2.74%	2.92%	2.99%
Infosys Ltd.	2.32%	2.33%	2.32%	2.34%	2.43%	2.45%	2.43%	2.63%	3.06%	3.14%	3.07%	3.03%	2.87%
Tech Mahindra Ltd.	2.23%	2.26%	2.34%	2.27%	2.56%	2.47%	2.43%	2.38%	2.70%	2.80%	2.78%	2.79%	2.63%
Larsen & Toubro Ltd.	2.52%	2.42%	2.39%	2.37%	2.34%	2.42%	2.27%	2.46%	2.41%	2.50%	2.47%	2.55%	2.48%
Kotak Mahindra Bank Ltd.	2.30%	2.29%	2.26%	2.24%	2.39%	2.37%	2.61%	2.66%	2.52%	2.32%	2.13%	2.10%	2.06%
Reliance Industries Ltd.	2.32%	2.20%	2.14%	2.16%	2.27%	2.23%	2.27%	2.14%	2.18%	2.11%	1.98%	2.10%	2.18%
Maruti Suzuki India Ltd.	2.53%	2.59%	2.48%	2.08%	2.00%	2.05%	2.11%	2.05%	2.30%	2.19%	1.88%	1.92%	1.92%
Tata Consultancy Services Ltd.	1.77%	1.73%	1.81%	1.75%	1.94%	2.01%	2.07%	2.24%	2.34%	2.55%	2.47%	2.58%	2.40%
National Thermal Power Corporation Ltd.	2.00%	2.09%	1.97%	1.97%	1.93%	1.99%	2.18%	2.28%	2.15%	2.06%	2.07%	2.25%	2.53%
Bharti Airtel Ltd.	2.57%	2.43%	2.39%	2.38%	2.44%	2.33%	2.41%	1.74%	1.71%	1.63%	1.55%	1.59%	1.58%
HCL Technologies Limited	1.79%	1.66%	1.71%	1.69%	1.95%	1.91%	1.88%	1.98%	2.12%	2.14%	2.32%	2.23%	2.14%
Sun Pharmaceutical Industries Ltd.	1.69%	1.65%	1.72%	1.81%	1.73%	1.79%	2.02%	1.98%	1.97%	1.99%	2.10%	1.98%	2.06%
SBI Life Insurance Co Ltd.	1.84%	1.74%	1.77%	1.77%	1.72%	1.76%	1.77%	1.61%	1.61%	1.53%	1.40%	1.45%	1.64%