Motilal Oswal Nifty Midcap 100 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 : 37.00%. Category average turnover ratio is 40.27%. 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 : 100.02% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 100.02%

No of Stocks : 100 (Category Avg - 54.37) | Large Cap Investments : 17.13%| Mid Cap Investments : 39.2% | Small Cap Investments : 12.87% | Other : 30.86%

Portfolio Summary (as on 31st Oct,2025)

Particulars	This Scheme	Category
No. of Stocks	100	76.28
Top 5 Stock Weight	11.97%	37.21%
Top 10 Stock Weight	21.34%	54.41%
Top 3 Sector Weight	19.35%	34.22%

Category - Index Funds/ETFs

Particulars	This Scheme	Category
Average mcap (Cr)	16596.14	113148.29
Holdings in large cap stocks	17.13%	50.9%
Holdings in mid cap stocks	39.2%	15.68%
Holdings in small cap stocks	12.87%	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
BSE Ltd.	Exchange and data platform	232	3.26%	0.42%	3.95% (May 2025)	2.36% (Nov 2024)	93.57 k	-0.16 k
Hero Motocorp Ltd.	2/3 wheelers	164.9	2.32%	-0.10%	2.42% (Sep 2025)	0% (Nov 2024)	29.74 k	-50.00
Suzlon Energy Ltd.	Heavy electrical equipment	164.8	2.31%	0.04%	3.08% (May 2025)	2.27% (Sep 2025)	27.79 L	-4.66 k
Dixon Technologies (India) Ltd.	Consumer electronics	145.5	2.04%	-0.23%	2.48% (Dec 2024)	2.02% (Jun 2025)	9.39 k	-16.00
Persistent Systems Ltd.	Computers - software & consulting	145.5	2.04%	0.28%	2.47% (Dec 2024)	1.76% (Sep 2025)	24.59 k	-42.00
PB Fintech Ltd.	Financial technology (fintech)	138	1.94%	-0.02%	2.52% (Dec 2024)	1.94% (Oct 2025)	77.27 k	-0.13 k
Coforge Ltd.	Computers - software & consulting	136.2	1.91%	0.10%	2.33% (Dec 2024)	1.81% (Sep 2025)	76.59 k	-0.13 k
Cummins India Ltd.	Compressors, pumps & diesel engines	134.5	1.89%	0.08%	1.92% (Aug 2025)	1.51% (Apr 2025)	30.96 k	-52.00
Federal Bank Ltd.	Private sector bank	133.3	1.87%	0.26%	1.92% (Nov 2024)	1.61% (Sep 2025)	5.63 L	-0.95 k
HDFC Asset Management Co. Ltd.	Asset management company	125.3	1.76%	-0.15%	2.07% (Jul 2025)	1.51% (Jan 2025)	23.29 k	-39.00

- 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
BSE Ltd.	Exchange and data platform	3.26	232	3.26%	0.42%	3.95% (May 2025)	2.36% (Nov 2024)	93.57 k	-0.16 k	Small Cap	12.87
Hero Motocorp Ltd.	2/3 wheelers	2.32	164.9	2.32%	-0.10%	2.42% (Sep 2025)	0% (Nov 2024)	29.74 k	-50.00	Large Cap	17.13
Suzlon Energy Ltd.	Heavy electrical equipment	4.14	164.8	2.31%	0.04%	3.08% (May 2025)	2.27% (Sep 2025)	27.79 L	-4.66 k	Small Cap	12.87
Dixon Technologies (India) Ltd.	Consumer electronics	2.04	145.5	2.04%	-0.23%	2.48% (Dec 2024)	2.02% (Jun 2025)	9.39 k	-16.00	Other	30.86
Persistent Systems Ltd.	Computers - software & consulting	6.56	145.5	2.04%	0.28%	2.47% (Dec 2024)	1.76% (Sep 2025)	24.59 k	-42.00	Other	30.86
PB Fintech Ltd.	Financial technology (fintech)	3.48	138	1.94%	-0.02%	2.52% (Dec 2024)	1.94% (Oct 2025)	77.27 k	-0.13 k	Other	30.86
Coforge Ltd.	Computers - software & consulting	6.56	136.2	1.91%	0.10%	2.33% (Dec 2024)	1.81% (Sep 2025)	76.59 k	-0.13 k	Other	30.86
Cummins India Ltd.	Compressors, pumps & diesel engines	1.89	134.5	1.89%	0.08%	1.92% (Aug 2025)	1.51% (Apr 2025)	30.96 k	-52.00	Mid Cap	39.2
Federal Bank Ltd.	Private sector bank	6.73	133.3	1.87%	0.26%	1.92% (Nov 2024)	1.61% (Sep 2025)	5.63 L	-0.95 k	Mid Cap	39.2
HDFC Asset Management Co. Ltd.	Asset management company	1.76	125.3	1.76%	-0.15%	2.07% (Jul 2025)	1.51% (Jan 2025)	23.29 k	-39.00	Large Cap	17.13
IDFC First Bank Ltd.	Private sector bank	6.73	123.9	1.74%	0.17%	1.74% (Oct 2025)	1.38% (Mar 2025)	15.15 L	-2.54 k	Mid Cap	39.2
- Fortis Healthcare Ltd.	Hospital	1.72	122.2	1.72%	0.00%	1.72% (Sep 2025)	0% (Nov 2024)	1.19 L	-0.20 k	Other	30.86
Indusind Bank Ltd.	Private sector bank	6.73	119.9	1.68%	0.04%	1.68% (Oct 2025)	0% (Nov 2024)	1.51 L	-0.25 k	Large Cap	17.13
Au Small Finance Bank Ltd.	Other bank	1.59	113.2	1.59%	0.19%	1.59% (Jun 2025)	1.14% (Dec 2024)	1.29 L	-0.22 k	Mid Cap	39.2
Indus Towers Ltd.	Telecom - infrastructure	1.55	110.1	1.55%	0.00%	2.08% (Apr 2025)	1.54% (Dec 2024)	3.03 L	-0.51 k	Large Cap	17.13
One 97 Communications Ltd.	Financial technology (fintech)	3.48	109.7	1.54%	0.14%	1.54% (Oct 2025)	1.02% (Jan 2025)	84.17 k	-0.14 k	Other	30.86
Lupin Ltd.	Pharmaceuticals	6.06	108.8	1.53%	-0.05%	2.06% (Dec 2024)	1.53% (Oct 2025)	55.43 k	-93.00	Large Cap	17.13
Hindustan Petroleum Corporation Ltd.	Refineries & marketing	1.47	104.7	1.47%	0.02%	1.47% (Oct 2025)	1.22% (Feb 2025)	2.20 L	-0.37 k	Large Cap	17.13
Yes Bank	Private sector bank	6.73	102.6	1.44%	0.02%	1.47% (May 2025)	1.29% (Mar 2025)	45.12 L	-7.57 k	Other	30.86
SRF Ltd.	Specialty chemicals	1.37	97.5	1.37%	-0.03%	1.75% (Feb 2025)	1.18% (Dec 2024)	33.26 k	-56.00	Mid Cap	39.2
UPL Ltd.	Pesticides & agrochemicals	2.25	93.8	1.32%	0.05%	1.38% (Feb 2025)	0.92% (Dec 2024)	1.30 L	-0.22 k	Large Cap	17.13
Max Financial Services Ltd.	Life insurance	2.11	93.4	1.31%	-0.10%	1.57% (Aug 2025)	1.04% (Dec 2024)	60.38 k	-0.10 k	Mid Cap	39.2
Ashok Leyland Ltd.	Commercial vehicles	1.3	92.8	1.30%	-0.09%	1.39% (Sep 2025)	1.14% (Dec 2024)	6.56 L	-1.10 k	Mid Cap	39.2
- Polycab India Limited	Cables - electricals	2.05	88.7	1.25%	0.00%	1.33% (Aug 2025)	1.02% (Feb 2025)	11.52 k	-19.00	Other	30.86
Marico Ltd.	Personal care	3.1	87.3	1.23%	-0.03%	1.45% (Apr 2025)	1.22% (Dec 2024)	1.21 L	-0.20 k	Large Cap	17.13
Bharat Forge Ltd.	Castings & forgings	1.14	80.9	1.14%	0.04%	1.27% (Nov 2024)	1.1% (Aug 2025)	61.09 k	-0.10 k	Mid Cap	39.2
Swiggy Ltd.	E-retail/ e-commerce	2.21	79.8	1.12%	-0.10%	1.22% (Sep 2025)	0% (Nov 2024)	1.95 L	-0.33 k	Other	30.86
Godrej Properties Ltd.	Residential, commercial projects	3.74	78.8	1.11%	0.10%	1.52% (Dec 2024)	1.01% (Sep 2025)	34.42 k	-58.00	Mid Cap	39.2
Bharat Heavy Electricals Ltd.	Heavy electrical equipment	4.14	78.2	1.10%	0.05%	1.21% (May 2025)	0% (Nov 2024)	2.94 L	-0.49 k	Mid Cap	39.2
Muthoot Finance Pvt. Ltd.	Non banking financial company (nbfc)	2.62	78.1	1.10%	-0.03%	1.12% (Sep 2025)	0.77% (Nov 2024)	24.57 k	-42.00	Mid Cap	39.2
FSN E-Commerce Ventures Ltd.	E-retail/ e-commerce	2.21	77.5	1.09%	0.01%	1.17% (Aug 2025)	0.81% (Dec 2024)	3.13 L	-0.53 k	Other	30.86
GMR Airports Ltd.	Airport & airport services	1.08	76.8	1.08%	0.02%	1.21% (Apr 2025)	1% (Jan 2025)	8.18 L	-1.37 k	Small Cap	12.87
APL Apollo Tubes Ltd.	Iron & steel products	1.69	74.5	1.05%	0.00%	1.19% (May 2025)	1.02% (Nov 2024)	41.56 k	-70.00	Other	30.86
Waaree Energies Ltd.	Other electrical equipment	1.45	74.4	1.05%	-0.03%	1.07% (Sep 2025)	0% (Nov 2024)	21.72 k	-36.00	Other	30.86
Tube Investments Of India Ltd.	Auto components & equipments	2.28	74	1.04%	-0.09%	1.42% (Nov 2024)	1.04% (Oct 2025)	24.46 k	-42.00	Small Cap	12.87
MRF Ltd.	Tyres & rubber products	1.03	73.1	1.03%	0.02%	1.08% (Jul 2025)	0.89% (Jan 2025)	464.00	-1.00	Mid Cap	39.2
Aurobindo Pharma Ltd.	Pharmaceuticals	6.06	73	1.02%	-0.01%	1.35% (Dec 2024)	1.02% (Oct 2025)	64.08 k	-0.11 k	Large Cap	17.13
Voltas Limited	Household appliances	1.82	72.2	1.01%	-0.04%	1.48% (Dec 2024)	1.01% (Oct 2025)	52.17 k	-87.00	Mid Cap	39.2
Mphasis Ltd.	Computers - software & consulting	6.56	72.1	1.01%	-0.02%	1.25% (Jan 2025)	1.01% (Oct 2025)	26.09 k	-43.00	Mid Cap	39.2
Phoenix Mills Ltd.	Residential, commercial projects	3.74	71.9	1.01%	0.02%	1.25% (Feb 2025)	0.99% (Sep 2025)	42.75 k	-72.00	Small Cap	12.87
Alkem Laboratories Ltd.	Pharmaceuticals	6.06	71	1.00%	-0.04%	1.1% (Nov 2024)	0.92% (Jun 2025)	12.90 k	-22.00	Mid Cap	39.2
Indian Bank	Public sector bank	2.45	69.5	0.98%	0.07%	0.98% (Oct 2025)	0.68% (Dec 2024)	80.97 k	-0.14 k	Mid Cap	39.2
Vishal Mega Mart Ltd.	Diversified retail	0.98	69.5	0.98%	-0.09%	1.06% (Sep 2025)	0% (Nov 2024)	4.80 L	-0.81 k	Other	30.86
Colgate - Palmolive (India) Limited	Personal care	3.1	67.7	0.95%	-0.05%	1.44% (Jan 2025)	0.95% (Oct 2025)	30.18 k	-51.00	Large Cap	17.13
Prestige Estates Projects Ltd.	Residential, commercial projects	3.74	67.4	0.95%	0.08%	1.04% (Nov 2024)	0.81% (Mar 2025)	38.65 k	-65.00	Mid Cap	39.2
Pi Industries Ltd.	Pesticides & agrochemicals	2.25	66.4	0.93%	-0.04%	1.24% (Jul 2025)	0.93% (Oct 2025)	18.56 k	-31.00	Mid Cap	39.2
Dabur India Ltd.	Personal care	3.1	65.9	0.92%	-0.06%	0.99% (Sep 2025)	0% (Nov 2024)	1.35 L	-0.23 k	Large Cap	17.13
Union Bank Of India	Public sector bank	2.45	65.8	0.92%	0.01%	1.03% (May 2025)	0% (Nov 2024)	4.43 L	-0.74 k	Mid Cap	39.2
Glenmark Pharmaceuticals Ltd.	Pharmaceuticals	6.06	65.3	0.92%	-0.08%	1.16% (Jul 2025)	0% (Nov 2024)	34.50 k	-58.00	Mid Cap	39.2
Mankind Pharma Ltd.	Pharmaceuticals	6.06	61.8	0.87%	-0.07%	1.11% (Mar 2025)	0.87% (Oct 2025)	25.91 k	-43.00	Other	30.86
NHPC Ltd.	Power generation	1.17	61.5	0.86%	-0.07%	1.05% (Mar 2025)	0% (Nov 2024)	7.25 L	-1.22 k	Mid Cap	39.2
SBI Cards and Payment Services Ltd.	Non banking financial company (nbfc)	2.62	60.3	0.85%	-0.05%	1.08% (Feb 2025)	0.72% (Dec 2024)	68.68 k	-0.11 k	Other	30.86
NMDC LTD	Industrial minerals	0.84	60	0.84%	-0.06%	0.99% (Nov 2024)	0.82% (Dec 2024)	7.92 L	-1.33 k	Mid Cap	39.2
Page Industries Ltd.	Garments & apparels	0.84	59.5	0.84%	-0.04%	1.11% (Jul 2025)	0.84% (Oct 2025)	1.44 k	-3.00	Mid Cap	39.2
Blue Star Ltd.	Household appliances	1.82	57.6	0.81%	-0.02%	0.83% (Sep 2025)	0% (Nov 2024)	29.73 k	-50.00	Small Cap	12.87
Coromandel International Ltd.	Fertilizers	0.81	57.5	0.81%	-0.10%	0.9% (Sep 2025)	0% (Nov 2024)	27.05 k	-45.00	Mid Cap	39.2
Torrent Power Ltd.	Integrated power utilities	0.81	57.4	0.81%	0.02%	1.14% (Mar 2025)	0.79% (Sep 2025)	43.59 k	-73.00	Mid Cap	39.2
- 360 ONE WAM Ltd.	Other financial services	0.8	57.1	0.80%	0.00%	0.8% (Sep 2025)	0% (Nov 2024)	52.87 k	-89.00	Other	30.86
KEI Industries Ltd.	Cables - electricals	2.05	57	0.80%	-0.05%	0.85% (Sep 2025)	0% (Nov 2024)	14.13 k	-24.00	Small Cap	12.87
Aditya Birla Capital Ltd.	Life insurance	2.11	56.8	0.80%	0.04%	0.8% (Oct 2025)	0.46% (Dec 2024)	1.75 L	-0.29 k	Mid Cap	39.2
Supreme Industries Ltd.	Plastic products - industrial	1.36	56.4	0.79%	-0.14%	1.12% (Nov 2024)	0.79% (Oct 2025)	14.79 k	-25.00	Mid Cap	39.2
Vodafone Idea Ltd.	Telecom - cellular & fixed line services	1.49	55.2	0.78%	0.01%	0.91% (Jan 2025)	0.67% (Aug 2025)	63.26 L	-0.11 L	Large Cap	17.13
Oil India Ltd.	Oil exploration & production	0.76	54.2	0.76%	-0.01%	1% (Nov 2024)	0.76% (Oct 2025)	1.25 L	-0.21 k	Mid Cap	39.2
Jubilant Foodworks Ltd.	Restaurants	0.75	53.6	0.75%	-0.07%	1.05% (Apr 2025)	0.75% (Oct 2025)	89.71 k	-0.15 k	Other	30.86
Hitachi Energy India Ltd.	Heavy electrical equipment	4.14	51.8	0.73%	-0.05%	0.78% (Sep 2025)	0% (Nov 2024)	2.91 k	-5.00	Other	30.86
Biocon Ltd.	Pharmaceuticals	6.06	51.2	0.72%	0.02%	0.85% (Jul 2025)	0.55% (May 2025)	1.38 L	-0.23 k	Mid Cap	39.2
L&T Finance Holdings Ltd.	Investment company	0.71	50.5	0.71%	0.02%	0.71% (Oct 2025)	0.4% (Dec 2024)	1.87 L	-0.31 k	Mid Cap	39.2
Tata Communications Ltd.	Telecom - cellular & fixed line services	1.49	50.5	0.71%	0.06%	0.77% (Nov 2024)	0.64% (Sep 2025)	26.91 k	-45.00	Mid Cap	39.2
Indian Railway Catering and Tourism Corporation Ltd.	Tour, travel related services	0.7	49.7	0.70%	-0.02%	0.89% (Mar 2025)	0% (Nov 2024)	69.12 k	-0.12 k	Other	30.86
Sona BLW Precision Forgings Ltd.	Auto components & equipments	2.28	48.6	0.68%	0.05%	1.12% (Nov 2024)	0.63% (Sep 2025)	1.03 L	-0.17 k	Other	30.86
National Aluminium Co. Ltd.	Aluminium	0.68	48.1	0.68%	0.02%	0.68% (Oct 2025)	0% (Nov 2024)	2.05 L	-0.35 k	Small Cap	12.87
Oberoi Realty Ltd.	Residential, commercial projects	3.74	48	0.67%	0.04%	0.98% (Dec 2024)	0.63% (Sep 2025)	26.97 k	-45.00	Mid Cap	39.2
Mahindra & Mahindra Financial Services Ltd.	Non banking financial company (nbfc)	2.62	47.8	0.67%	0.05%	0.69% (Feb 2025)	0.56% (May 2025)	1.52 L	-0.25 k	Mid Cap	39.2
Patanjali Foods Ltd.	Edible oil	0.66	46.9	0.66%	-0.01%	0.83% (Feb 2025)	0.63% (Jun 2025)	77.92 k	-0.13 k	Other	30.86
Oracle Financial Services Software Limited	Software products	0.65	46.3	0.65%	-0.03%	1.09% (Dec 2024)	0.65% (Oct 2025)	5.44 k	-9.00	Mid Cap	39.2
ITC Hotels Ltd	Hotels & resorts	0.65	46.3	0.65%	-0.07%	0.72% (Sep 2025)	0% (Nov 2024)	2.13 L	-0.36 k	Other	30.86
Steel Authority Of India Ltd.	Iron & steel products	1.69	45.3	0.64%	-0.03%	0.68% (May 2025)	0.59% (Dec 2024)	3.31 L	-0.56 k	Mid Cap	39.2
Kalyan Jewellers India Ltd.	Gems, jewellery and watches	0.63	44.9	0.63%	0.04%	1.06% (Dec 2024)	0.59% (Sep 2025)	88.14 k	-0.15 k	Other	30.86
- KPIT Technologies Ltd.	Computers - software & consulting	6.56	43.7	0.61%	0.00%	0.89% (Jan 2025)	0.61% (Sep 2025)	37.49 k	-63.00	Other	30.86
Tata Elxsi Ltd.	Computers - software & consulting	6.56	43.3	0.61%	-0.01%	0.86% (Nov 2024)	0.61% (Oct 2025)	7.94 k	-14.00	Small Cap	12.87
Container Corporation Of India Ltd.	Logistics solution provider	0.6	43.1	0.60%	-0.01%	0.85% (Nov 2024)	0.6% (Oct 2025)	78.95 k	-0.13 k	Large Cap	17.13
Rail Vikas Nigam Ltd.	Civil construction	0.89	42.8	0.60%	-0.06%	1.04% (Jan 2025)	0.6% (Oct 2025)	1.30 L	-0.22 k	Other	30.86
- Astral Ltd.	Plastic products - industrial	1.36	40.9	0.57%	0.00%	0.82% (Nov 2024)	0.57% (Sep 2025)	28.20 k	-47.00	Mid Cap	39.2
Adani Total Gas Ltd.	Lpg/cng/png/lng supplier	1.04	40.1	0.56%	-0.03%	0.69% (May 2025)	0% (Nov 2024)	63.56 k	-0.11 k	Mid Cap	39.2
Exide Industries Ltd.	Auto components & equipments	2.28	39.8	0.56%	-0.05%	0.77% (Nov 2024)	0.56% (Oct 2025)	1.04 L	-0.18 k	Mid Cap	39.2
LIC Housing Finance Ltd.	Housing finance company	0.55	39.3	0.55%	-0.03%	0.72% (Nov 2024)	0.55% (Oct 2025)	68.90 k	-0.12 k	Mid Cap	39.2
Bank Of India	Public sector bank	2.45	39	0.55%	0.04%	0.55% (Oct 2025)	0.45% (Dec 2024)	2.78 L	-0.47 k	Mid Cap	39.2
Cochin Shipyard Ltd.	Ship building & allied services	0.49	34.7	0.49%	-0.03%	0.61% (Jun 2025)	0.42% (Nov 2024)	19.39 k	-33.00	Other	30.86
Motilal Oswal Financial Services Ltd.	Stockbroking & allied	0.49	34.6	0.49%	0.02%	0.49% (Jul 2025)	0% (Nov 2024)	35.37 k	-59.00	Small Cap	12.87
Indraprastha Gas Ltd.	Lpg/cng/png/lng supplier	1.04	34.1	0.48%	-0.02%	0.58% (Mar 2025)	0.43% (Nov 2024)	1.61 L	-0.27 k	Mid Cap	39.2
Bharat Dynamics Ltd.	Aerospace & defense	0.45	32.3	0.45%	-0.01%	0.67% (May 2025)	0.37% (Dec 2024)	21.12 k	-36.00	Other	30.86
Bharti Hexacom Ltd.	Telecom - equipment & accessories	0.45	32.1	0.45%	0.03%	0.51% (Jun 2025)	0.3% (Nov 2024)	17.23 k	-29.00	Other	30.86
Godfrey Phillips India Ltd.	Cigarettes & tobacco products	0.4	28.7	0.40%	-0.07%	0.47% (Sep 2025)	0% (Nov 2024)	9.33 k	-16.00	Small Cap	12.87
- Premier Energies Ltd.	Other electrical equipment	1.45	28.6	0.40%	0.00%	0.4% (Oct 2025)	0% (Nov 2024)	26.18 k	-44.00	Other	30.86
Indian Renewable Energy Development Agency Ltd.	Financial institution	0.77	27.7	0.39%	-0.01%	0.52% (Dec 2024)	0.39% (Oct 2025)	1.82 L	-0.31 k	Other	30.86
- Housing & Urban Development Corporation Ltd.	Financial institution	0.77	27.3	0.38%	0.00%	0.45% (Nov 2024)	0.36% (Feb 2025)	1.15 L	-0.19 k	Small Cap	12.87
Tata Technologies Ltd.	Computers - software & consulting	6.56	27.2	0.38%	-0.01%	0.5% (Dec 2024)	0.38% (Aug 2025)	39.32 k	-65.00	Other	30.86
Associated Cement Companies Ltd.	Cement & cement products	0.38	27	0.38%	-0.01%	0.56% (Nov 2024)	0.38% (Oct 2025)	14.35 k	-24.00	Mid Cap	39.2
- NTPC Green Energy Ltd.	Power generation	1.17	22	0.31%	0.00%	0.36% (Aug 2025)	0% (Nov 2024)	2.13 L	-0.36 k	Other	30.86
IRB Infrastructure Developers Ltd.	Civil construction	0.89	20.4	0.29%	0.01%	0.44% (Jan 2025)	0.28% (Sep 2025)	4.55 L	-0.76 k	Other	30.86

- 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
Max Healthcare Institute Ltd.	-	-	3.19%	3.34%	3.28%	3.04%	3.15%	3.29%	3.14%	3.04%	3.03%	2.71%	2.83%
BSE Ltd.	3.26%	2.84%	3.17%	3.56%	3.90%	3.95%	3.33%	3.00%	2.72%	2.78%	2.62%	2.36%	2.27%
Suzlon Energy Ltd.	2.31%	2.27%	2.50%	2.65%	2.79%	3.08%	2.58%	2.72%	2.55%	2.65%	2.67%	2.78%	2.97%
Indian Hotels Company Limited	-	-	-	-	-	-	-	-	2.72%	2.59%	2.80%	2.59%	2.22%
Hero Motocorp Ltd.	2.32%	2.42%	-	-	-	-	-	-	-	-	-	-	-
Dixon Technologies (India) Ltd.	2.04%	2.28%	2.42%	2.36%	2.02%	2.06%	2.45%	2.05%	2.30%	2.21%	2.48%	2.23%	1.99%
Persistent Systems Ltd.	2.04%	1.76%	2.11%	2.00%	2.24%	2.18%	2.18%	2.37%	2.42%	2.45%	2.47%	2.34%	2.14%
PB Fintech Ltd.	1.94%	1.95%	2.18%	2.17%	2.10%	2.12%	2.07%	2.12%	2.09%	2.20%	2.52%	2.24%	2.02%
Coforge Ltd.	1.91%	1.81%	2.13%	2.10%	2.22%	2.07%	1.88%	2.18%	2.12%	2.12%	2.33%	2.15%	1.90%
Federal Bank Ltd.	1.87%	1.61%	1.75%	1.79%	1.81%	1.80%	1.86%	1.91%	1.88%	1.77%	1.77%	1.92%	1.87%
Lupin Ltd.	1.53%	1.57%	1.70%	1.68%	1.62%	1.72%	1.95%	1.98%	1.98%	1.94%	2.06%	1.84%	1.98%
HDFC Asset Management Co. Ltd.	1.76%	1.91%	2.06%	2.07%	1.82%	1.76%	1.71%	1.64%	1.59%	1.51%	1.54%	1.58%	1.63%
Fortis Healthcare Ltd.	1.72%	1.72%	-	-	-	-	-	-	-	-	-	-	-
Indus Towers Ltd.	1.55%	1.54%	1.66%	1.73%	1.93%	1.84%	2.08%	1.78%	1.73%	1.66%	1.54%	1.62%	1.58%
Cummins India Ltd.	1.89%	1.81%	1.92%	1.73%	1.59%	1.61%	1.51%	1.67%	1.59%	1.52%	1.61%	1.76%	1.78%