Motilal Oswal BSE Healthcare ETF

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 : 38.00%. Category average turnover ratio is 39.76%. 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 : 99.86% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 99.86%

No of Stocks : 119 (Category Avg - 54.37) | Large Cap Investments : 31.37%| Mid Cap Investments : 21.41% | Small Cap Investments : 12.36% | Other : 34.7%

Portfolio Summary (as on 31st Oct,2025)

Particulars	This Scheme	Category
No. of Stocks	119	76.28
Top 5 Stock Weight	37.45%	37.21%
Top 10 Stock Weight	55.67%	54.41%
Top 3 Sector Weight	96.77%	34.22%

Category - Index Funds/ETFs

Particulars	This Scheme	Category
Average mcap (Cr)	25923.84	113148.29
Holdings in large cap stocks	31.37%	50.9%
Holdings in mid cap stocks	21.41%	15.68%
Holdings in small cap stocks	12.36%	8.49%

Category - Index Funds/ETFs

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
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	46.4	13.10%	0.32%	15.62% (Apr 2025)	12.75% (Aug 2025)	27.46 k	1.22 k
Divis Laboratories Ltd.	Pharmaceuticals	22.4	6.31%	0.81%	6.6% (May 2025)	5.5% (Sep 2025)	3.32 k	147.00
Max Healthcare Institute Ltd.	Hospital	22.1	6.23%	-0.03%	7.06% (Jun 2025)	5.6% (Nov 2024)	19.22 k	854.00
Cipla Ltd.	Pharmaceuticals	21.8	6.14%	-0.21%	6.99% (Feb 2025)	6.14% (Oct 2025)	14.50 k	643.00
Apollo Hospitals Enterprises Ltd.	Hospital	20.1	5.67%	0.01%	5.8% (Aug 2025)	5.32% (Nov 2024)	2.62 k	116.00
Dr. Reddys Laboratories Ltd.	Pharmaceuticals	19	5.36%	-0.30%	6.32% (Dec 2024)	5.36% (Oct 2025)	15.85 k	703.00
Fortis Healthcare Ltd.	Hospital	13.9	3.91%	0.08%	3.91% (Oct 2025)	2.66% (Nov 2024)	13.55 k	600.00
Lupin Ltd.	Pharmaceuticals	12.4	3.49%	-0.02%	4.25% (Dec 2024)	3.4% (Jul 2025)	6.30 k	279.00
Torrent Pharmaceuticals Ltd.	Pharmaceuticals	9.7	2.74%	-0.12%	2.87% (Sep 2025)	2.38% (Dec 2024)	2.73 k	122.00
Laurus Labs Ltd.	Pharmaceuticals	9.7	2.72%	0.24%	2.72% (Oct 2025)	1.73% (Nov 2024)	10.11 k	449.00

- 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

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
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	72.59	46.4	13.10%	0.32%	15.62% (Apr 2025)	12.75% (Aug 2025)	27.46 k	1.22 k	Large Cap	31.37
Divis Laboratories Ltd.	Pharmaceuticals	72.59	22.4	6.31%	0.81%	6.6% (May 2025)	5.5% (Sep 2025)	3.32 k	147.00	Large Cap	31.37
Max Healthcare Institute Ltd.	Hospital	22.19	22.1	6.23%	-0.03%	7.06% (Jun 2025)	5.6% (Nov 2024)	19.22 k	854.00	Other	34.7
Cipla Ltd.	Pharmaceuticals	72.59	21.8	6.14%	-0.21%	6.99% (Feb 2025)	6.14% (Oct 2025)	14.50 k	643.00	Large Cap	31.37
Apollo Hospitals Enterprises Ltd.	Hospital	22.19	20.1	5.67%	0.01%	5.8% (Aug 2025)	5.32% (Nov 2024)	2.62 k	116.00	Mid Cap	21.41
Dr. Reddys Laboratories Ltd.	Pharmaceuticals	72.59	19	5.36%	-0.30%	6.32% (Dec 2024)	5.36% (Oct 2025)	15.85 k	703.00	Other	34.7
Fortis Healthcare Ltd.	Hospital	22.19	13.9	3.91%	0.08%	3.91% (Oct 2025)	2.66% (Nov 2024)	13.55 k	600.00	Other	34.7
Lupin Ltd.	Pharmaceuticals	72.59	12.4	3.49%	-0.02%	4.25% (Dec 2024)	3.4% (Jul 2025)	6.30 k	279.00	Large Cap	31.37
Torrent Pharmaceuticals Ltd.	Pharmaceuticals	72.59	9.7	2.74%	-0.12%	2.87% (Sep 2025)	2.38% (Dec 2024)	2.73 k	122.00	Mid Cap	21.41
Laurus Labs Ltd.	Pharmaceuticals	72.59	9.7	2.72%	0.24%	2.72% (Oct 2025)	1.73% (Nov 2024)	10.11 k	449.00	Other	34.7
Aurobindo Pharma Ltd.	Pharmaceuticals	72.59	8.3	2.33%	0.04%	2.78% (Dec 2024)	2.17% (Aug 2025)	7.25 k	321.00	Large Cap	31.37
Alkem Laboratories Ltd.	Pharmaceuticals	72.59	8.1	2.27%	-0.04%	2.31% (Sep 2025)	1.97% (Jul 2025)	1.46 k	66.00	Mid Cap	21.41
Glenmark Pharmaceuticals Ltd.	Pharmaceuticals	72.59	7.4	2.08%	-0.14%	2.32% (Jul 2025)	1.63% (Apr 2025)	3.89 k	173.00	Mid Cap	21.41
Mankind Pharma Ltd.	Pharmaceuticals	72.59	6.9	1.95%	-0.11%	2.17% (Mar 2025)	1.94% (Jun 2025)	2.90 k	127.00	Other	34.7
Zydus Lifesciences Ltd.	Pharmaceuticals	72.59	6.4	1.80%	-0.07%	1.99% (Jan 2025)	1.76% (Apr 2025)	6.55 k	291.00	Mid Cap	21.41
Biocon Ltd.	Pharmaceuticals	72.59	5.8	1.64%	0.09%	1.64% (Oct 2025)	1.13% (Apr 2025)	15.65 k	694.00	Mid Cap	21.41
Ipca Laboratories Ltd.	Pharmaceuticals	72.59	4.6	1.30%	-0.12%	1.7% (Dec 2024)	1.3% (Oct 2025)	3.63 k	162.00	Other	34.7
Krishna Institute of Medical Sciences Ltd.	Hospital	22.19	4.6	1.29%	0.00%	1.34% (Aug 2025)	1.09% (Dec 2024)	6.35 k	282.00	Other	34.7
Gland Pharma Ltd.	Pharmaceuticals	72.59	4	1.12%	-0.08%	1.2% (Sep 2025)	0.87% (Apr 2025)	2.06 k	92.00	Other	34.7
Aster DM Healthcare Ltd.	Hospital	22.19	3.9	1.11%	0.05%	1.11% (Oct 2025)	0.79% (Feb 2025)	5.80 k	258.00	Small Cap	12.36
Abbott India Ltd.	Pharmaceuticals	72.59	3.9	1.09%	-0.05%	1.38% (Feb 2025)	1.08% (Jan 2025)	133.00	6.00	Mid Cap	21.41
Neuland Laboratories Ltd.	Pharmaceuticals	72.59	3.7	1.04%	0.09%	1.11% (Nov 2024)	0.77% (Jun 2025)	224.00	10.00	Small Cap	12.36
J.b. Chemicals & Pharmaceuticals Ltd.	Pharmaceuticals	72.59	3.6	1.00%	-0.05%	1.06% (Aug 2025)	0.91% (Apr 2025)	2.12 k	94.00	Other	34.7
- Syngene International Ltd.	Healthcare research, analytics & technology	1.47	3.2	0.90%	0.01%	1.32% (Nov 2024)	0.9% (Sep 2025)	4.93 k	219.00	Mid Cap	21.41
Piramal Pharma Ltd.	Pharmaceuticals	72.59	3.2	0.90%	0.01%	1.27% (Nov 2024)	0.85% (Aug 2025)	15.91 k	706.00	Other	34.7
Narayana Hrudayalaya Ltd.	Hospital	22.19	3.1	0.87%	-0.02%	1.1% (Jun 2025)	0.64% (Dec 2024)	1.75 k	78.00	Small Cap	12.36
DR. LAL PATHLABS Ltd.	Healthcare service provider	1.99	3.1	0.87%	-0.02%	0.94% (Aug 2025)	0.73% (Mar 2025)	981.00	44.00	Small Cap	12.36
Global Health Ltd.	Hospital	22.19	2.9	0.80%	-0.03%	0.87% (Aug 2025)	0.67% (Dec 2024)	2.17 k	96.00	Other	34.7
GlaxoSmithKline Pharmaceuticals Ltd.	Pharmaceuticals	72.59	2.8	0.78%	-0.04%	1.05% (May 2025)	0.65% (Jan 2025)	1.06 k	48.00	Mid Cap	21.41
Wockhardt Ltd.	Pharmaceuticals	72.59	2.8	0.78%	-0.17%	1.06% (Jun 2025)	0.78% (Oct 2025)	2.16 k	96.00	Small Cap	12.36
Ajanta Pharma Limited	Pharmaceuticals	72.59	2.7	0.77%	-0.01%	1% (Nov 2024)	0.77% (Oct 2025)	1.11 k	50.00	Small Cap	12.36
Onesource Specialty Pharma Ltd.	Pharmaceuticals	72.59	2.6	0.73%	-0.02%	0.75% (Sep 2025)	0% (Nov 2024)	1.40 k	62.00	Other	34.7
Suven Pharmaceuticals Ltd.	Pharmaceuticals	72.59	2.5	0.70%	-0.14%	1.39% (Jul 2025)	0.7% (Oct 2025)	3.28 k	146.00	Other	34.7
Sai Life Sciences Ltd.	Petrochemicals	0.77	2.4	0.67%	0.02%	0.67% (Oct 2025)	0% (Nov 2024)	2.60 k	116.00	Other	34.7
Jubilant Life Sciences Ltd.	Pharmaceuticals	72.59	2.3	0.65%	-0.01%	0.72% (Nov 2024)	0.54% (Apr 2025)	2.11 k	94.00	Mid Cap	21.41
Ami Organics Ltd.	Pharmaceuticals	72.59	2.3	0.65%	0.14%	0.65% (Oct 2025)	0.38% (Dec 2024)	1.34 k	60.00	Other	34.7
Granules India Ltd.	Pharmaceuticals	72.59	2.1	0.60%	0.03%	0.66% (Nov 2024)	0.5% (Jul 2025)	3.79 k	168.00	Small Cap	12.36
- Pfizer Ltd.	Pharmaceuticals	72.59	2.1	0.58%	0.00%	0.66% (May 2025)	0.49% (Mar 2025)	393.00	17.00	Mid Cap	21.41
Poly Medicure Ltd.	Medical equipment & supplies	0.72	2	0.56%	0.00%	0.78% (Apr 2025)	0.54% (Jul 2025)	1.00 k	44.00	Small Cap	12.36
- NATCO Pharma Ltd.	Pharmaceuticals	72.59	1.9	0.54%	0.00%	0.95% (Nov 2024)	0.54% (Oct 2025)	2.33 k	104.00	Mid Cap	21.41
Rainbow Childrens Medicare Ltd.	Hospital	22.19	1.8	0.50%	-0.01%	0.62% (Nov 2024)	0.5% (Oct 2025)	1.30 k	58.00	Other	34.7
Eris Lifesciences Ltd.	Pharmaceuticals	72.59	1.7	0.48%	-0.02%	0.58% (Aug 2025)	0.42% (Jan 2025)	1.06 k	48.00	Small Cap	12.36
Strides Pharma Science Ltd.	Pharmaceuticals	72.59	1.6	0.45%	0.04%	0.86% (Nov 2024)	0.34% (Dec 2024)	1.70 k	76.00	Small Cap	12.36
AstraZeneca Pharma India Ltd.	Pharmaceuticals	72.59	1.6	0.44%	0.00%	0.44% (Oct 2025)	0.32% (Nov 2024)	163.00	7.00	Small Cap	12.36
Jupiter Life Line Hospitals Ltd.	Hospital	22.19	1.5	0.44%	0.00%	0.5% (Jan 2025)	0.39% (Jul 2025)	973.00	44.00	Other	34.7
Indegene Ltd.	Healthcare research, analytics & technology	1.47	1.4	0.40%	-0.03%	0.43% (Sep 2025)	0.21% (Nov 2024)	2.62 k	116.00	Other	34.7
Metropolis Healthcare Ltd.	Healthcare service provider	1.99	1.3	0.37%	-0.03%	0.43% (Aug 2025)	0.33% (Mar 2025)	674.00	30.00	Other	34.7
Alembic Pharmaceuticals Ltd.	Pharmaceuticals	72.59	1.3	0.36%	-0.01%	0.46% (Nov 2024)	0.36% (Oct 2025)	1.43 k	64.00	Mid Cap	21.41
Procter & Gamble Health Ltd.	Pharmaceuticals	72.59	1.3	0.36%	-0.02%	0.38% (Aug 2025)	0.31% (Dec 2024)	208.00	10.00	Small Cap	12.36
Concord Biotech Ltd.	Pharmaceuticals	72.59	1.3	0.35%	-0.06%	1.04% (Jan 2025)	0.35% (Oct 2025)	870.00	38.00	Other	34.7
Vijaya Diagnostic Centre Ltd.	Healthcare service provider	1.99	1.2	0.35%	-0.02%	0.43% (Nov 2024)	0.35% (Oct 2025)	1.26 k	56.00	Other	34.7
- Aarti Pharmalabs Ltd.	Pharmaceuticals	72.59	1.1	0.32%	0.00%	0.36% (May 2025)	0.23% (Jan 2025)	1.32 k	59.00	Other	34.7
Sanofi India Ltd.	Pharmaceuticals	72.59	1.1	0.31%	0.00%	0.44% (Nov 2024)	0.31% (Oct 2025)	233.00	10.00	Mid Cap	21.41
- Caplin Point Laboratories Ltd.	Pharmaceuticals	72.59	1	0.29%	0.00%	0.38% (Dec 2024)	0.29% (Oct 2025)	513.00	22.00	Small Cap	12.36
Marksans Pharma Ltd.	Pharmaceuticals	72.59	1	0.28%	0.02%	0.54% (Nov 2024)	0.26% (Aug 2025)	5.54 k	246.00	Small Cap	12.36
Dr. Agarwals Health Care Ltd.	Hospital	22.19	1	0.28%	-0.01%	0.29% (Sep 2025)	0% (Nov 2024)	1.97 k	88.00	Other	34.7
Healthcare Global Enterprises Ltd.	Hospital	22.19	1	0.28%	0.03%	0.28% (Oct 2025)	0.15% (Dec 2024)	1.34 k	60.00	Small Cap	12.36
Shilpa Medicare Ltd.	Pharmaceuticals	72.59	1	0.28%	-0.03%	0.38% (May 2025)	0.27% (Apr 2025)	2.80 k	1.46 k	Small Cap	12.36
- Emcure Pharmaceuticals Ltd.	Pharmaceuticals	72.59	0.8	0.24%	0.00%	0.26% (Aug 2025)	0% (Nov 2024)	640.00	28.00	Other	34.7
- Sanofi Consumer Healthcare India Ltd.	Pharmaceuticals	72.59	0.8	0.24%	0.00%	0.38% (Jun 2025)	0% (Nov 2024)	174.00	8.00	Other	34.7
- Kovai Medical Center & Hospital Ltd.	Hospital	22.19	0.8	0.22%	0.00%	0.22% (May 2025)	0.19% (Mar 2025)	121.00	6.00	Small Cap	12.36
- Yatharth Hospital And Trauma Care Services Ltd.	Hospital	22.19	0.8	0.21%	0.01%	0.21% (Oct 2025)	0.09% (Feb 2025)	952.00	42.00	Other	34.7
Glenmark Life Sciences Ltd.	Pharmaceuticals	72.59	0.7	0.20%	-0.01%	0.3% (Jan 2025)	0.2% (Oct 2025)	798.00	36.00	Other	34.7
Indraprastha Medical Corporation Ltd.	Hospital	22.19	0.7	0.20%	0.05%	0.2% (Oct 2025)	0.14% (Mar 2025)	1.14 k	51.00	Small Cap	12.36
Sequent Scientific Ltd.	Pharmaceuticals	72.59	0.7	0.19%	0.02%	0.19% (Oct 2025)	0.12% (Mar 2025)	3.06 k	135.00	Small Cap	12.36
FDC Ltd.	Pharmaceuticals	72.59	0.6	0.17%	0.00%	0.19% (Nov 2024)	0.16% (Mar 2025)	1.27 k	56.00	Small Cap	12.36
Thyrocare Technologies Ltd.	Healthcare service provider	1.99	0.6	0.16%	0.02%	0.16% (Oct 2025)	0.08% (Mar 2025)	400.00	18.00	Small Cap	12.36
Senores Pharmaceuticals Ltd.	Pharmaceuticals	72.59	0.5	0.15%	0.01%	0.15% (Oct 2025)	0% (Nov 2024)	707.00	31.00	Other	34.7
Supriya Lifescience Ltd.	Pharmaceuticals	72.59	0.5	0.15%	0.00%	0.15% (Nov 2024)	0.12% (Jul 2025)	670.00	30.00	Other	34.7
Dishman Carbogen Amcis Ltd.	Pharmaceuticals	72.59	0.5	0.14%	0.00%	0.14% (Oct 2025)	0.1% (Apr 2025)	1.67 k	74.00	Small Cap	12.36
- Solara Active Pharma Sciences Ltd.	Pharmaceuticals	72.59	0.5	0.13%	-0.01%	0.18% (Nov 2024)	0.12% (May 2025)	752.00	34.00	Small Cap	12.36
- Aarti Drugs Ltd.	Pharmaceuticals	72.59	0.4	0.13%	0.00%	0.13% (Jul 2025)	0.09% (Mar 2025)	902.00	40.00	Small Cap	12.36
Morepen Laboratories Ltd.	Pharmaceuticals	72.59	0.4	0.12%	-0.01%	0.21% (Nov 2024)	0.12% (Oct 2025)	9.12 k	405.00	Small Cap	12.36
- Blue Jet Healthcare Ltd.	Pharmaceuticals	72.59	0.4	0.12%	0.00%	0.17% (Mar 2025)	0.1% (Nov 2024)	632.00	28.00	Other	34.7
Gujarat Themis Biosyn Ltd.	Pharmaceuticals	72.59	0.4	0.11%	0.01%	0.11% (Oct 2025)	0.06% (Feb 2025)	821.00	36.00	Other	34.7
Advanced Enzyme Technologies Ltd.	Biotechnology	0.11	0.4	0.11%	-0.01%	0.14% (Nov 2024)	0.11% (Oct 2025)	1.22 k	54.00	Small Cap	12.36
- Krsnaa Diagnostics Ltd.	Healthcare service provider	1.99	0.4	0.10%	0.00%	0.14% (Nov 2024)	0.09% (May 2025)	474.00	22.00	Other	34.7
- Innova Captab Ltd.	Petrochemicals	0.77	0.4	0.10%	-0.01%	0.13% (Dec 2024)	0.1% (Oct 2025)	416.00	18.00	Other	34.7
- Sun Pharma Advanced Research Company Ltd.	Pharmaceuticals	72.59	0.3	0.09%	0.00%	0.17% (Nov 2024)	0.09% (Sep 2025)	2.45 k	108.00	Small Cap	12.36
- Akums Drugs And Pharmaceuticals Ltd.	Pharmaceuticals	72.59	0.3	0.09%	0.00%	0.12% (May 2025)	0% (Nov 2024)	695.00	30.00	Other	34.7
- Fischer Medical Ventures Ltd.	Medical equipment & supplies	0.72	0.3	0.09%	0.00%	0.09% (Oct 2025)	0% (Nov 2024)	2.70 k	120.00	Other	34.7
- Suven Life Sciences Ltd.	Healthcare research, analytics & technology	1.47	0.3	0.09%	-0.01%	0.13% (Jul 2025)	0.06% (Mar 2025)	1.53 k	67.00	Small Cap	12.36
- Orchid Pharma Ltd.	Pharmaceuticals	72.59	0.3	0.08%	0.00%	0.21% (Dec 2024)	0.08% (May 2025)	396.00	18.00	Other	34.7
- Vimta Laboratories Ltd.	Healthcare research, analytics & technology	1.47	0.3	0.08%	0.00%	0.08% (Sep 2025)	0.05% (Jun 2025)	381.00	15.00	Small Cap	12.36
IOL Chemicals & Pharmaceuticals Ltd.	Pharmaceuticals	72.59	0.3	0.08%	-0.01%	0.09% (Sep 2025)	0.06% (Mar 2025)	2.98 k	131.00	Other	34.7
- Bliss Gvs Pharma Ltd.	Pharmaceuticals	72.59	0.3	0.08%	0.00%	0.08% (Jul 2025)	0.06% (Apr 2025)	1.70 k	76.00	Small Cap	12.36
RPG Life Sciences Ltd	Pharmaceuticals	72.59	0.3	0.08%	0.00%	0.08% (Jan 2025)	0.07% (Dec 2024)	111.00	5.00	Small Cap	12.36
- Indoco Remedies Ltd.	Pharmaceuticals	72.59	0.3	0.08%	-0.01%	0.09% (Nov 2024)	0.07% (Feb 2025)	959.00	42.00	Small Cap	12.36
- Unichem Laboratories Ltd.	Pharmaceuticals	72.59	0.3	0.07%	0.00%	0.13% (Nov 2024)	0.07% (Oct 2025)	531.00	23.00	Small Cap	12.36
Hikal Ltd.	Pharmaceuticals	72.59	0.2	0.06%	-0.01%	0.12% (Mar 2025)	0.06% (Oct 2025)	961.00	42.00	Small Cap	12.36
Gufic Biosciences Ltd.	Pharmaceuticals	72.59	0.2	0.06%	-0.01%	0.1% (Jan 2025)	0.06% (Oct 2025)	705.00	32.00	Small Cap	12.36
SMS Pharmaceuticals Ltd.	Pharmaceuticals	72.59	0.2	0.06%	0.01%	0.06% (Oct 2025)	0.05% (Jul 2025)	761.00	34.00	Small Cap	12.36
- Syncom Formulations India Ltd.	Pharmaceuticals	72.59	0.2	0.06%	0.00%	0.08% (May 2025)	0.06% (Oct 2025)	11.98 k	532.00	Small Cap	12.36
- Windlas Biotech Private Ltd.	Pharmaceuticals	72.59	0.2	0.06%	0.00%	0.07% (Nov 2024)	0.05% (Feb 2025)	209.00	10.00	Other	34.7
- Panacea Biotec Ltd.	Pharmaceuticals	72.59	0.2	0.05%	0.00%	0.05% (Oct 2025)	0% (Nov 2024)	431.00	19.00	Small Cap	12.36
- Artemis Medicare Services Ltd.	Hospital	22.19	0.2	0.05%	0.00%	0.07% (Jan 2025)	0.05% (Aug 2025)	759.00	34.00	Other	34.7
- 3B Blackbio Dx Ltd.	Healthcare service provider	1.99	0.2	0.05%	0.00%	0.05% (Sep 2025)	0% (Nov 2024)	130.00	6.00	Small Cap	12.36
- Sigachi Industries Ltd.	Pharmaceuticals	72.59	0.2	0.05%	0.00%	0.08% (May 2025)	0.04% (Aug 2025)	4.77 k	212.00	Other	34.7
- Shalby Ltd.	Hospital	22.19	0.2	0.05%	-0.01%	0.05% (Sep 2025)	0.04% (Jun 2025)	703.00	31.00	Small Cap	12.36
Dr.Agarwals Eye Hospital Ltd.	Hospital	22.19	0.2	0.05%	0.00%	0.05% (Oct 2025)	0% (Nov 2024)	32.00	2.00	Small Cap	12.36
Suraksha Diagnostic Ltd.	Healthcare service provider	1.99	0.2	0.05%	0.00%	0.05% (Jun 2025)	0% (Nov 2024)	514.00	22.00	Other	34.7
Hester Biosciences Ltd.	Pharmaceuticals	72.59	0.2	0.04%	-0.01%	0.08% (Nov 2024)	0.04% (Mar 2025)	99.00	4.00	Small Cap	12.36
- Novartis India Ltd.	Pharmaceuticals	72.59	0.2	0.04%	0.00%	0.06% (Nov 2024)	0.04% (Apr 2025)	174.00	8.00	Small Cap	12.36
- Laxmi Dental Ltd.	Medical equipment & supplies	0.72	0.1	0.04%	0.00%	0.04% (Sep 2025)	0% (Nov 2024)	430.00	20.00	Other	34.7
- Lincoln Pharmaceuticals Ltd.	Pharmaceuticals	72.59	0.1	0.04%	0.00%	0.06% (Dec 2024)	0.04% (Jul 2025)	251.00	12.00	Small Cap	12.36
- Wanbury Ltd.	Pharmaceuticals	72.59	0.1	0.04%	0.00%	0.04% (Oct 2025)	0% (Nov 2024)	504.00	22.00	Small Cap	12.36
Kopran Ltd.	Pharmaceuticals	72.59	0.1	0.03%	0.00%	0.04% (Nov 2024)	0.03% (Jul 2025)	704.00	31.00	Small Cap	12.36
Tarsons Products Ltd.	Medical equipment & supplies	0.72	0.1	0.03%	0.00%	0.05% (Nov 2024)	0.03% (Oct 2025)	402.00	18.00	Other	34.7
- Jagsonpal Pharmaceuticals Ltd	Pharmaceuticals	72.59	0.1	0.03%	0.00%	0.03% (Sep 2025)	0% (Nov 2024)	502.00	22.00	Other	34.7
- Bajaj Healthcare Ltd.	Pharmaceuticals	72.59	0.1	0.03%	0.00%	0.03% (Sep 2025)	0% (Nov 2024)	230.00	10.00	Other	34.7
- Gpt Healthcare Ltd.	Hospital	22.19	0.1	0.03%	0.00%	0.04% (Nov 2024)	0.03% (Jun 2025)	725.00	32.00	Other	34.7
- Kwality Pharmaceuticals Ltd.	Pharmaceuticals	72.59	0.1	0.03%	0.00%	0.03% (Sep 2025)	0% (Nov 2024)	120.00	6.00	Small Cap	12.36
- Themis Medicare Ltd.	Pharmaceuticals	72.59	0.1	0.03%	0.00%	0.07% (Nov 2024)	0.02% (Aug 2025)	766.00	34.00	Other	34.7
- Fermenta Biotech Ltd.	Pharmaceuticals	72.59	0.1	0.02%	0.00%	0.02% (Sep 2025)	0% (Nov 2024)	261.00	12.00	Small Cap	12.36
- Anuh Pharma Ltd.	Pharmaceuticals	72.59	0.1	0.02%	0.00%	0.02% (Oct 2025)	0% (Nov 2024)	781.00	34.00	Small Cap	12.36
- KMC Speciality Hospitals (India) Ltd.	Healthcare service provider	1.99	0.1	0.02%	0.00%	0.02% (Nov 2024)	0.02% (Jul 2025)	1.02 k	46.00	Small Cap	12.36
- Sastasundar Ventures Ltd.	Healthcare service provider	1.99	0.1	0.02%	0.00%	0.02% (Nov 2024)	0.02% (Feb 2025)	216.00	10.00	Small Cap	12.36
- Nectar Lifesciences Ltd.	Pharmaceuticals	72.59	0.1	0.01%	0.00%	0.01% (Oct 2025)	0% (Nov 2024)	3.14 k	70.00	Small Cap	12.36
- Shree Ganesh Remedies Ltd.	Pharmaceuticals	72.59	0	0.01%	0.00%	0.01% (Sep 2025)	0% (Nov 2024)	90.00	4.00	Small Cap	12.36

- 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
No new entrants in the portfolio in the last month.

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
Sun Pharmaceutical Industries Ltd.	13.10%	12.78%	12.75%	13.10%	13.26%	14.18%	15.62%	15.10%	15.30%	15.31%	15.21%	14.89%	15.41%
Cipla Ltd.	6.14%	6.35%	6.81%	6.39%	6.38%	6.48%	6.92%	6.57%	6.99%	6.71%	6.37%	6.62%	6.68%
Max Healthcare Institute Ltd.	6.23%	6.26%	6.46%	6.69%	7.06%	6.51%	6.40%	6.53%	6.43%	6.38%	6.24%	5.60%	5.80%
Divis Laboratories Ltd.	6.31%	5.50%	5.91%	6.12%	6.50%	6.60%	6.13%	5.93%	6.21%	5.78%	5.81%	6.09%	5.80%
Dr. Reddys Laboratories Ltd.	5.36%	5.66%	5.83%	5.63%	5.86%	5.97%	5.70%	5.62%	6.05%	6.03%	6.32%	5.67%	5.99%
Apollo Hospitals Enterprises Ltd.	5.67%	5.66%	5.80%	5.49%	5.46%	5.42%	5.54%	5.37%	5.42%	5.58%	5.49%	5.32%	5.45%
Lupin Ltd.	3.49%	3.51%	3.47%	3.40%	3.51%	3.71%	4.00%	3.95%	4.10%	4.09%	4.25%	3.84%	4.08%
Fortis Healthcare Ltd.	3.91%	3.84%	3.60%	3.25%	3.10%	2.88%	2.83%	2.93%	2.83%	2.71%	2.80%	2.66%	2.52%
Torrent Pharmaceuticals Ltd.	2.74%	2.87%	2.83%	2.86%	2.68%	2.61%	2.75%	2.73%	2.48%	2.51%	2.38%	2.62%	2.26%
Aurobindo Pharma Ltd.	2.33%	2.29%	2.17%	2.31%	2.37%	2.50%	2.71%	2.61%	2.62%	2.66%	2.78%	2.75%	3.03%
Alkem Laboratories Ltd.	2.27%	2.31%	2.16%	1.97%	1.99%	2.10%	2.13%	2.07%	2.17%	2.17%	2.22%	2.30%	2.35%
Mankind Pharma Ltd.	1.95%	2.06%	2.09%	2.08%	1.94%	2.16%	2.17%	2.17%	2.04%	1.99%	2.16%	1.99%	2.06%
Laurus Labs Ltd.	2.72%	2.48%	2.52%	2.47%	2.11%	1.85%	1.85%	1.92%	1.85%	1.87%	1.77%	1.73%	1.49%
Glenmark Pharmaceuticals Ltd.	2.08%	2.22%	2.18%	2.32%	1.96%	1.71%	1.63%	1.86%	1.70%	1.77%	1.80%	1.77%	1.95%
Zydus Lifesciences Ltd.	1.80%	1.87%	1.87%	1.78%	1.87%	1.83%	1.76%	1.80%	1.96%	1.99%	1.83%	1.88%	1.94%