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HDFC Multi-Asset Fund - 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 : 275.70%. 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 : 66.66% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 66.66%

No of Stocks : 73 (Category Avg - 62.55) | Large Cap Investments : 47.03%| Mid Cap Investments : 2.85% | Small Cap Investments : 3.64% | Other : 13.14%

Portfolio Summary (as on 30th Sep,2025)

Particulars	This Scheme	Category
No. of Stocks	73	62.57
Top 5 Stock Weight	22.09%	16.04%
Top 10 Stock Weight	30.21%	24.45%
Top 3 Sector Weight	25.83%	18.55%

Category - Multi Asset Allocation

Particulars	This Scheme	Category
Average mcap (Cr)	125958.62	71997.17
Holdings in large cap stocks	47.03%	30.08%
Holdings in mid cap stocks	2.85%	5.93%
Holdings in small cap stocks	3.64%	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
ICICI Bank Ltd.	Private sector bank	3000.2	6.09%	-0.51%	7.11% (Jul 2025)	4.79% (Feb 2025)	22.26 L	0.00
Reliance Industries Ltd.	Refineries & marketing	2750.5	5.58%	-0.22%	6.68% (Apr 2025)	3.32% (Oct 2024)	20.17 L	0.00
HDFC Bank Ltd.	Private sector bank	2456.6	4.98%	-0.23%	6.08% (Nov 2024)	4.98% (Sep 2025)	25.83 L	0.00
Bharti Airtel Ltd.	Telecom - cellular & fixed line services	1374.9	2.79%	0.24%	2.89% (Nov 2024)	2.55% (Aug 2025)	7.32 L	95.00 k
State Bank Of India	Public sector bank	1308.7	2.65%	1.37%	2.65% (Sep 2025)	1.28% (Aug 2025)	15.00 L	7.50 L
Infosys Ltd.	Computers - software & consulting	844.3	1.71%	-1.06%	3.5% (Dec 2024)	1.71% (Sep 2025)	5.86 L	-3.03 L
Cipla Ltd.	Pharmaceuticals	803.3	1.63%	0.37%	1.63% (Sep 2025)	0.67% (May 2025)	5.34 L	1.59 L
Axis Bank Ltd.	Private sector bank	792.1	1.61%	0.06%	4.75% (Oct 2024)	1.55% (Aug 2025)	7.00 L	0.00
Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	788.8	1.60%	0.06%	1.87% (Jan 2025)	1.23% (May 2025)	49.21 k	0.00
Hindustan Unilever Ltd.	Diversified fmcg	771.9	1.57%	-0.32%	1.91% (Feb 2025)	1.18% (Dec 2024)	3.07 L	-0.27 L

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

View complete holding

Complete equity Portfolio (as on 30th Sep,2025)

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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
ICICI Bank Ltd.	Private sector bank	14.7	3000.2	6.09%	-0.51%	7.11% (Jul 2025)	4.79% (Feb 2025)	22.26 L	0.00	Large Cap	47.03
Reliance Industries Ltd.	Refineries & marketing	5.99	2750.5	5.58%	-0.22%	6.68% (Apr 2025)	3.32% (Oct 2024)	20.17 L	0.00	Large Cap	47.03
HDFC Bank Ltd.	Private sector bank	14.7	2456.6	4.98%	-0.23%	6.08% (Nov 2024)	4.98% (Sep 2025)	25.83 L	0.00	Other	13.14
Bharti Airtel Ltd.	Telecom - cellular & fixed line services	2.79	1374.9	2.79%	0.24%	2.89% (Nov 2024)	2.55% (Aug 2025)	7.32 L	95.00 k	Large Cap	47.03
State Bank Of India	Public sector bank	2.65	1308.7	2.65%	1.37%	2.65% (Sep 2025)	1.28% (Aug 2025)	15.00 L	7.50 L	Large Cap	47.03
Infosys Ltd.	Computers - software & consulting	5.14	844.3	1.71%	-1.06%	3.5% (Dec 2024)	1.71% (Sep 2025)	5.86 L	-3.03 L	Large Cap	47.03
Cipla Ltd.	Pharmaceuticals	4.07	803.3	1.63%	0.37%	1.63% (Sep 2025)	0.67% (May 2025)	5.34 L	1.59 L	Large Cap	47.03
Axis Bank Ltd.	Private sector bank	14.7	792.1	1.61%	0.06%	4.75% (Oct 2024)	1.55% (Aug 2025)	7.00 L	0.00	Large Cap	47.03
Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	4.52	788.8	1.60%	0.06%	1.87% (Jan 2025)	1.23% (May 2025)	49.21 k	0.00	Large Cap	47.03
Hindustan Unilever Ltd.	Diversified fmcg	2.55	771.9	1.57%	-0.32%	1.91% (Feb 2025)	1.18% (Dec 2024)	3.07 L	-0.27 L	Large Cap	47.03
- Hyundai Motor India Ltd.	Passenger cars & utility vehicles	4.52	775.3	1.57%	0.00%	1.78% (Nov 2024)	1.21% (Apr 2025)	3.00 L	0.00	Other	13.14
United Spirits Ltd.	Breweries & distilleries	1.44	710.9	1.44%	-0.33%	2.89% (Dec 2024)	1.44% (Sep 2025)	5.37 L	-1.00 L	Large Cap	47.03
Bajaj Finserv Ltd	Holding company	1.43	703.2	1.43%	0.01%	1.47% (Jul 2025)	0% (Oct 2024)	3.51 L	0.00	Other	13.14
Kotak Mahindra Bank Ltd.	Private sector bank	14.7	697.5	1.41%	0.16%	1.41% (Sep 2025)	1.04% (Oct 2024)	3.50 L	50.00 k	Large Cap	47.03
Tata Consultancy Services Ltd.	Computers - software & consulting	5.14	693.2	1.41%	-0.50%	3.7% (Jun 2025)	1.03% (Apr 2025)	2.40 L	-0.51 L	Large Cap	47.03
Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	4.52	666.9	1.35%	0.12%	3.46% (Dec 2024)	1.19% (Mar 2025)	1.95 L	13.80 k	Large Cap	47.03
Larsen & Toubro Ltd.	Civil construction	1.47	613.5	1.24%	-0.03%	1.45% (Mar 2025)	1.12% (Oct 2024)	1.68 L	875.00	Large Cap	47.03
HCL Technologies Limited	Computers - software & consulting	5.14	484.8	0.98%	0.05%	1.1% (Dec 2024)	0.7% (Jul 2025)	3.50 L	50.00 k	Large Cap	47.03
ITC Limited	Diversified fmcg	2.55	481.9	0.98%	-0.06%	1.22% (Mar 2025)	0.82% (Feb 2025)	12.00 L	0.00	Large Cap	47.03
Hindalco Industries Ltd.	Aluminium	0.97	479.3	0.97%	0.03%	1.28% (Mar 2025)	0.55% (Dec 2024)	6.29 L	0.00	Large Cap	47.03
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	4.07	454.8	0.92%	0.36%	0.92% (Sep 2025)	0.56% (Aug 2025)	2.85 L	1.20 L	Large Cap	47.03
Power Grid Corporation of India Ltd.	Power - transmission	0.91	448.4	0.91%	-0.02%	0.93% (Aug 2025)	0.51% (Jan 2025)	16.00 L	0.00	Large Cap	47.03
Titan Company Ltd.	Gems, jewellery and watches	0.91	446.6	0.91%	-0.11%	1.19% (Jan 2025)	0.84% (Nov 2024)	1.33 L	0.00	Large Cap	47.03
Bajaj Auto Ltd.	2/3 wheelers	1.63	433.9	0.88%	0.06%	0.88% (Sep 2025)	0.52% (Jul 2025)	50.00 k	5.00 k	Large Cap	47.03
DR. LAL PATHLABS Ltd.	Healthcare service provider	0.82	405.4	0.82%	-0.06%	0.88% (Aug 2025)	0% (Oct 2024)	1.30 L	5.00 k	Small Cap	3.64
Tata Steel Ltd.	Iron & steel products	1.14	405.1	0.82%	0.03%	0.86% (Mar 2025)	0.32% (Oct 2024)	24.00 L	0.00	Other	13.14
Lupin Ltd.	Pharmaceuticals	4.07	382.3	0.78%	0.16%	0.78% (Sep 2025)	0.43% (Jun 2025)	2.00 L	45.06 k	Large Cap	47.03
HDFC Life Insurance Company Ltd.	Life insurance	1.5	378.2	0.77%	-0.05%	0.82% (Aug 2025)	0.07% (Oct 2024)	5.00 L	0.00	Large Cap	47.03
ICICI Lombard General Insurance Co Ltd.	General insurance	1	378	0.77%	0.18%	0.77% (Sep 2025)	0.53% (Feb 2025)	2.00 L	50.00 k	Large Cap	47.03
Bajaj Finance Ltd.	Non banking financial company (nbfc)	0.76	374.6	0.76%	0.06%	0.84% (Feb 2025)	0.22% (Nov 2024)	3.75 L	0.00	Other	13.14
Havells India Ltd.	Consumer electronics	1.04	375.5	0.76%	0.05%	0.76% (Sep 2025)	0% (Oct 2024)	2.50 L	30.00 k	Large Cap	47.03
Eicher Motors Ltd.	2/3 wheelers	1.63	369.3	0.75%	0.07%	0.75% (Sep 2025)	0.52% (Oct 2024)	52.72 k	0.00	Other	13.14
SBI Life Insurance Co Ltd.	Life insurance	1.5	358.1	0.73%	-0.04%	0.86% (Oct 2024)	0.72% (Dec 2024)	2.00 L	0.00	Large Cap	47.03
National Thermal Power Corporation Ltd.	Power generation	0.71	349.1	0.71%	0.07%	0.98% (Oct 2024)	0.64% (Aug 2025)	10.26 L	1.00 L	Large Cap	47.03
InterGlobe Aviation Ltd.	Airline	0.68	335.7	0.68%	-0.04%	0.79% (Jun 2025)	0% (Oct 2024)	60.00 k	0.00	Large Cap	47.03
Apollo Hospitals Enterprises Ltd.	Hospital	0.63	310.3	0.63%	-0.05%	0.69% (Apr 2025)	0.41% (Oct 2024)	41.88 k	0.00	Mid Cap	2.85
City Union Bank Ltd.	Private sector bank	14.7	299.2	0.61%	-0.01%	0.72% (Jun 2025)	0.58% (Feb 2025)	14.00 L	-1.00 L	Mid Cap	2.85
Ambuja Cements Ltd.	Cement & cement products	0.61	288.6	0.59%	0.58%	0.59% (Sep 2025)	0.01% (Nov 2024)	5.06 L	5.00 L	Large Cap	47.03
Oil & Natural Gas Corporation Ltd.	Oil exploration & production	0.58	287.4	0.58%	-0.01%	0.64% (Jun 2025)	0.44% (Feb 2025)	12.00 L	0.00	Large Cap	47.03
# Tech Mahindra Ltd.	Computers - software & consulting	5.14	280.1	0.57%	0.57%	0.57% (Sep 2025)	0% (Oct 2024)	2.00 L	2.00 L	Large Cap	47.03
CreditAccess Grameen Ltd.	Microfinance institutions	0.52	255.5	0.52%	0.08%	0.52% (Sep 2025)	0% (Oct 2024)	1.89 L	38.98 k	Small Cap	3.64
Delhivery Ltd.	Logistics solution provider	1.4	225	0.46%	-0.04%	0.5% (Aug 2025)	0.26% (Feb 2025)	5.00 L	0.00	Other	13.14
Bharat Petroleum Corporation Ltd.	Refineries & marketing	5.99	203.8	0.41%	0.02%	0.51% (May 2025)	0.34% (Feb 2025)	6.00 L	0.00	Large Cap	47.03
Godrej Consumer Products Ltd	Personal care	0.36	175	0.36%	-0.06%	0.56% (Oct 2024)	0.36% (Sep 2025)	1.50 L	-8.50 k	Large Cap	47.03
Indus Towers Ltd.	Telecom - infrastructure	0.35	171.5	0.35%	-0.01%	0.46% (Jun 2025)	0% (Oct 2024)	5.00 L	0.00	Large Cap	47.03
Indraprastha Gas Ltd.	Lpg/cng/png/lng supplier	0.34	166.8	0.34%	-0.01%	0.43% (Dec 2024)	0% (Oct 2024)	8.00 L	0.00	Mid Cap	2.85
- Transport Corporation Of India Ltd.	Logistics solution provider	1.4	165.4	0.34%	0.00%	0.42% (Dec 2024)	0.33% (Feb 2025)	1.40 L	0.00	Small Cap	3.64
- Suprajit Engineering Ltd.	Auto components & equipments	0.71	161.6	0.33%	0.00%	0.48% (Oct 2024)	0.32% (Apr 2025)	3.49 L	0.00	Small Cap	3.64
- Gland Pharma Ltd.	Pharmaceuticals	4.07	159.3	0.32%	0.00%	0.37% (Dec 2024)	0.26% (Apr 2025)	80.00 k	0.00	Other	13.14
Jindal Steel Ltd.	Iron & steel products	1.14	159.6	0.32%	0.02%	0.34% (Mar 2025)	0% (Oct 2024)	1.50 L	0.00	Mid Cap	2.85
Paradeep Phosphates Ltd.	Fertilizers	0.32	156.8	0.32%	-0.05%	0.49% (Nov 2024)	0.32% (Sep 2025)	8.00 L	0.00	Other	13.14
Sonata Software Ltd.	Computers - software & consulting	5.14	155.8	0.32%	-0.01%	0.33% (Aug 2025)	0.16% (Mar 2025)	4.50 L	0.00	Small Cap	3.64
Gateway Rail Freight Ltd.	Logistics solution provider	1.4	153.2	0.31%	0.06%	0.42% (Oct 2024)	0.25% (Aug 2025)	25.00 L	7.00 L	Other	13.14
Ipca Laboratories Ltd.	Pharmaceuticals	4.07	149.8	0.30%	-0.03%	0.55% (Oct 2024)	0.3% (Sep 2025)	1.12 L	0.00	Other	13.14
Bayer Cropscience Ltd.	Pesticides & agrochemicals	0.29	144.3	0.29%	-0.04%	0.41% (Jul 2025)	0.24% (Apr 2025)	30.00 k	0.00	Mid Cap	2.85
Blue Dart Express Ltd.	Logistics solution provider	1.4	142.6	0.29%	-0.01%	0.3% (Aug 2025)	0% (Oct 2024)	25.00 k	0.00	Small Cap	3.64
Greenply Industries Ltd.	Plywood boards/ laminates	0.29	141.6	0.29%	-0.02%	0.43% (Oct 2024)	0.29% (Sep 2025)	4.70 L	0.00	Small Cap	3.64
Orient Electric Ltd.	Consumer electronics	1.04	137.2	0.28%	-0.04%	0.36% (Apr 2025)	0.2% (Oct 2024)	7.00 L	0.00	Small Cap	3.64
Prestige Estates Projects Ltd.	Residential, commercial projects	0.26	128.4	0.26%	-0.02%	0.31% (Jun 2025)	0% (Oct 2024)	85.00 k	0.00	Mid Cap	2.85
UTI Asset Management Co. Pvt. Ltd.	Asset management company	0.26	130.4	0.26%	-0.01%	0.29% (Jul 2025)	0.14% (Apr 2025)	1.00 L	0.00	Other	13.14
CIE AUTOMOTIVE INDIA Ltd.	Auto components & equipments	0.71	120.9	0.25%	0.01%	0.4% (Oct 2024)	0% (Oct 2024)	3.00 L	0.00	Small Cap	3.64
G R Infraprojects Ltd.	Civil construction	1.47	112	0.23%	-0.01%	0.39% (Nov 2024)	0.22% (Apr 2025)	91.70 k	0.00	Other	13.14
Star Health and Allied Insurance Co Ltd.	General insurance	1	111.7	0.23%	-0.01%	0.34% (Oct 2024)	0.22% (Mar 2025)	2.50 L	0.00	Other	13.14
Whirlpool Of India Ltd.	Household appliances	0.22	107.2	0.22%	-0.03%	0.48% (Oct 2024)	0.22% (Mar 2025)	90.00 k	0.00	Mid Cap	2.85
- Great Eastern Shipping Co. Ltd.	Shipping	0.2	99.4	0.20%	0.00%	0.34% (Oct 2024)	0.2% (Aug 2025)	1.00 L	0.00	Small Cap	3.64
Adani Ports And Special Economic Zone Ltd.	Port & port services	0.17	84.2	0.17%	-0.11%	0.49% (May 2025)	0.17% (Sep 2025)	60.00 k	-0.40 L	Large Cap	47.03
Chemplast Sanmar Ltd.	Commodity chemicals	0.16	77.8	0.16%	-0.02%	0.26% (Dec 2024)	0.16% (Sep 2025)	2.00 L	0.00	Other	13.14
Wipro Ltd.	Computers - software & consulting	5.14	71.8	0.15%	-0.01%	0.64% (Jan 2025)	0.15% (Sep 2025)	3.00 L	0.00	Large Cap	47.03
Rolex Rings Private Ltd.	Auto components & equipments	0.71	64.7	0.13%	-0.01%	0.31% (Oct 2024)	0.13% (Sep 2025)	50.00 k	0.00	Other	13.14
Biocon Ltd.	Pharmaceuticals	4.07	60.5	0.12%	-0.01%	0.21% (Oct 2024)	0% (Jan 2025)	1.78 L	0.00	Mid Cap	2.85
# Eternal Ltd.	E-retail/ e-commerce	0.11	55.3	0.11%	0.11%	0.11% (Sep 2025)	0% (Oct 2024)	1.70 L	1.70 L	Other	13.14
- Tata Power Co. Ltd.	Integrated power utilities	0.06	30.4	0.06%	0.00%	0.09% (Mar 2025)	0% (Oct 2024)	78.30 k	0.00	Mid Cap	2.85
Ultratech Cement Ltd.	Cement & cement products	0.61	12.2	0.02%	-0.01%	0.75% (Feb 2025)	0% (Oct 2024)	1.00 k	0.00	Large Cap	47.03
Torrent Pharmaceuticals Ltd.	Pharmaceuticals	4.07	89	0.00%	-0.19%	-	-	-	-	Mid Cap	2.85
Tata Motors Ltd.	Passenger cars & utility vehicles	4.52	235.5	0.00%	-0.50%	-	-	-	-	Large Cap	47.03

- 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
# Eternal Ltd.	E-retail/ e-commerce	55.3	0.11%	0.11%	0.11% (Sep 2025)	0% (Oct 2024)	1.70 L	169750
# Bond - Siddhivinayak Securitisation Trust	Ptc	250.2	0.51%	0.51%	0% (Nov 2025)	0% (Nov 2025)	25.00	25
# Tech Mahindra Ltd.	Computers - software & consulting	280.1	0.57%	0.57%	0.57% (Sep 2025)	0% (Oct 2024)	2.00 L	200000

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
Torrent Pharmaceuticals Ltd.	Pharmaceuticals	89	0.00%	-0.19%	0.45% (Dec 2024)	0% (Oct 2024)	0.00	-25000
Tata Motors Ltd.	Passenger cars & utility vehicles	235.5	0.00%	-0.50%	0.99% (Jan 2025)	0% (Oct 2024)	0.00	-352000

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
HDFC Bank Ltd.	4.98%	5.21%	5.62%	5.69%	5.74%	5.86%	5.85%	5.83%	5.64%	5.96%	6.08%	5.96%	5.58%
ICICI Bank Ltd.	6.09%	6.60%	7.11%	4.85%	5.04%	5.13%	5.10%	4.79%	4.91%	4.85%	4.96%	4.97%	4.54%
Reliance Industries Ltd.	5.58%	5.80%	6.05%	6.66%	6.55%	6.68%	6.37%	5.84%	6.07%	3.69%	3.78%	3.32%	2.53%
Bharti Airtel Ltd.	2.79%	2.55%	2.63%	2.82%	2.70%	2.80%	2.74%	2.61%	2.83%	2.80%	2.89%	2.86%	2.96%
Infosys Ltd.	1.71%	2.77%	2.50%	2.71%	2.75%	2.72%	2.99%	3.38%	3.49%	3.50%	3.47%	1.77%	1.92%
Axis Bank Ltd.	1.61%	1.55%	1.61%	1.85%	1.91%	1.96%	1.91%	1.85%	1.65%	4.27%	4.59%	4.75%	4.96%
United Spirits Ltd.	1.44%	1.77%	1.84%	2.00%	2.40%	2.55%	2.40%	2.32%	2.53%	2.89%	2.78%	2.67%	3.14%
Mahindra & Mahindra Ltd.	1.35%	1.23%	1.25%	1.27%	1.23%	1.25%	1.19%	3.03%	3.45%	3.46%	3.30%	3.08%	3.44%
Tata Consultancy Services Ltd.	1.41%	1.91%	1.78%	3.70%	3.26%	1.03%	1.13%	1.14%	1.33%	1.28%	1.34%	1.27%	1.15%
Hindustan Unilever Ltd.	1.57%	1.89%	1.82%	1.69%	1.79%	1.85%	1.87%	1.91%	1.49%	1.18%	1.28%	1.31%	1.55%
State Bank Of India	2.65%	1.28%	1.29%	1.35%	1.39%	1.39%	1.56%	1.47%	1.62%	1.59%	1.54%	1.95%	1.90%
Maruti Suzuki India Ltd.	1.60%	1.54%	1.33%	1.33%	1.23%	1.26%	1.69%	1.84%	1.87%	1.39%	1.43%	1.48%	1.75%
Hyundai Motor India Ltd.	1.57%	1.57%	1.39%	1.47%	1.27%	1.21%	1.27%	1.35%	1.53%	1.67%	1.78%	1.72%	-
Bajaj Finserv Ltd	1.43%	1.42%	1.47%	-	-	-	-	-	-	-	-	-	-
Larsen & Toubro Ltd.	1.24%	1.27%	1.31%	1.35%	1.41%	1.32%	1.45%	1.14%	1.26%	1.24%	1.14%	1.12%	1.16%

No of Debt Holding 35 (Category Avg - 16.90) | Modified Duration 2.27 Years (Category Avg - 2.75)| Yield to Maturity 6.54% (Category Avg - 6.52%)

Portfolio Summary (as on 30th Sep,2025)

Security Type	% Weight	Category Average
GOI	5.14%	7.14%
CD	0.50%	1.00%
T-Bills	0.00%	0.66%
CP	0.00%	0.12%
NCD & Bonds	7.07%	8.03%
PTC	0.51%	0.10%

Category - Multi Asset Allocation

Security Type	% Weight	Category Average
Government Backed	5.14%	7.80%
Low Risk	8.08%	9.02%
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 - Muthoot Finance Pvt. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA+	CRISIL	752.33	1.53%	7.50 k
Bond - Govt of India	GOI	Other			712.74	1.45%	69.00 L
Bond - TMF Holdings Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA+	CRISIL	499.79	1.01%	500.00
Bond - Govt of India	GOI	Other			361.70	0.73%	35.00 L
Bond - State Bank Of India	NCD & Bonds	Public sector bank	AAA	CRISIL	347.03	0.70%	35.00
Bond - SMFG India Credit Ltd.	NCD & Bonds	Non banking financial company (nbfc)	CARE AAA	CARE	254.39	0.52%	2.50 k
Bond - LIC Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	253.81	0.51%	2.50 k
Bond - Siddhivinayak Securitisation Trust	PTC	Ptc	AAA	CRISIL	250.16	0.51%	25.00
Bond - Govt of India	GOI	Other			252.10	0.51%	25.00 L
Bond - Punjab National Bank	CD	Public sector bank	P1+	CRISIL	246.94	0.50%	500.00
Bond - Govt of India	GOI	Other			217.00	0.44%	25.16 L
Bond - Cholamandalam Investment & Finance Co. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	LAA+	ICRA	206.26	0.42%	2.00 k
Bond - Govt of India	GOI	Other			155.44	0.32%	15.00 L
Bond - Govt of India	GOI	Other			154.38	0.31%	15.00 L
Bond - Govt of India	GOI	Other			154.68	0.31%	15.00 L
Bond - Govt of India	GOI	Other			153.98	0.31%	15.00 L
Bond - Govt of India	GOI	Other			153.19	0.31%	15.00 L
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	152.47	0.31%	1.50 k
Bond - LIC Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	153.38	0.31%	1.50 k
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	AAA	CRISIL	154.16	0.31%	1.50 k
Bond - HDFC Bank Ltd.	NCD & Bonds	Private sector bank	AAA	CRISIL	105.60	0.21%	100.00
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	LAAA	ICRA	102.50	0.21%	1.00 k
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	AAA	CRISIL	101.82	0.21%	1.00 k
Bond - Govt of India	GOI	Other			102.71	0.21%	10.00 L
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	LAAA	ICRA	76.34	0.15%	750.00
Bond - Pipeline Infrastructure Private Ltd.	NCD & Bonds	Gas transmission/marketing	AAA	CRISIL	61.43	0.12%	600.00
Bond - Bank Of Baroda	NCD & Bonds	Public sector bank	AAA	CRISIL	50.00	0.10%	5.00
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	50.48	0.10%	500.00
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	50.70	0.10%	500.00
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	50.80	0.10%	500.00
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	50.90	0.10%	500.00
Bond - Govt of India	GOI	Other			50.13	0.10%	5.00 L
Bond - Govt of India	GOI	Other			50.38	0.10%	5.00 L
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	LAAA	ICRA	25.35	0.05%	250.00
Bond - Govt of India	GOI	Other			20.57	0.04%	2.00 L

Name	Type of Instrument	Weight (%)
MF Units	MF Units	11.66%
TREPS	TREPS	6.41%
Embassy Office Parks Reit	InvITs	1.07%
Brookfield India Real Estate Trust	InvITs	0.70%
Nexus Select Trust	InvITs	0.44%
Powergrid Infrastructure Investment Trust	InvITs	0.08%
Net Receivables	Net Receivables	-0.24%