NJ Balanced Advantage 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.

Category : Dynamic Asset Allocation or Balanced Advantage

Fund House : NJ Mutual Fund

Portfolio Turnover Ratio : 283.00%. Category average turnover ratio is 331.96%. 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 : 93.49% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 93.49%

No of Stocks : 97 (Category Avg - 76.09) | Large Cap Investments : 50.59%| Mid Cap Investments : 13.59% | Small Cap Investments : 6.25% | Other : 23.06%

Portfolio Summary (as on 30th Nov,2025)

Particulars	This Scheme	Category
No. of Stocks	97	71.97
Top 5 Stock Weight	25.37%	21.66%
Top 10 Stock Weight	39.7%	33%
Top 3 Sector Weight	30.93%	24.8%

Category - Dynamic Asset Allocation or Balanced Advantage

Particulars	This Scheme	Category
Average mcap (Cr)	134881.38	96564.59
Holdings in large cap stocks	50.59%	38.72%
Holdings in mid cap stocks	13.59%	7.99%
Holdings in small cap stocks	6.25%	4.26%

Category - Dynamic Asset Allocation or Balanced Advantage

Top 10 Stocks holding in Portfolio (as on 30th Nov,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	3483.8	9.28%	0.15%	9.5% (Jun 2025)	8.03% (Dec 2024)	22.23 L	-1.00 L
Bajaj Finance Ltd.	Non banking financial company (nbfc)	1947.4	5.19%	0.27%	5.19% (Nov 2025)	1.47% (Dec 2024)	18.77 L	96.19 k
HDFC Bank Ltd.	Private sector bank	1710.6	4.55%	0.09%	4.55% (Nov 2025)	0.38% (Jan 2025)	16.98 L	-0.12 L
Eicher Motors Ltd.	2/3 wheelers	1232	3.28%	-0.01%	3.29% (Oct 2025)	1.33% (Dec 2024)	1.75 L	-2.78 k
Bosch Ltd.	Auto components & equipments	1153.3	3.07%	-0.13%	3.82% (Jul 2025)	2.2% (Feb 2025)	31.94 k	-0.52 k
Marico Ltd.	Personal care	1152.8	3.07%	-0.01%	3.08% (Oct 2025)	0.22% (Dec 2024)	16.07 L	-0.13 L
ICICI Bank Ltd.	Private sector bank	1128.9	3.01%	0.08%	3.01% (Nov 2025)	0.13% (Dec 2024)	8.13 L	-8.90 k
Muthoot Finance Pvt. Ltd.	Non banking financial company (nbfc)	1118.3	2.98%	0.45%	2.98% (Nov 2025)	0% (Dec 2024)	2.99 L	-2.29 k
Britannia Industries Ltd.	Packaged foods	1093.8	2.91%	-0.02%	2.94% (Oct 2025)	1.01% (Dec 2024)	1.87 L	-3.04 k
HDFC Asset Management Co. Ltd.	Asset management company	887.9	2.36%	-0.02%	4.64% (Jul 2025)	2.36% (Nov 2025)	3.32 L	1.65 L

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

View complete holding

Complete equity Portfolio (as on 30th Nov,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	9.28	3483.8	9.28%	0.15%	9.5% (Jun 2025)	8.03% (Dec 2024)	22.23 L	-1.00 L	Large Cap	50.59
Bajaj Finance Ltd.	Non banking financial company (nbfc)	10.92	1947.4	5.19%	0.27%	5.19% (Nov 2025)	1.47% (Dec 2024)	18.77 L	96.19 k	Other	23.06
HDFC Bank Ltd.	Private sector bank	10.73	1710.6	4.55%	0.09%	4.55% (Nov 2025)	0.38% (Jan 2025)	16.98 L	-0.12 L	Other	23.06
Eicher Motors Ltd.	2/3 wheelers	5.86	1232	3.28%	-0.01%	3.29% (Oct 2025)	1.33% (Dec 2024)	1.75 L	-2.78 k	Other	23.06
Bosch Ltd.	Auto components & equipments	4.9	1153.3	3.07%	-0.13%	3.82% (Jul 2025)	2.2% (Feb 2025)	31.94 k	-0.52 k	Large Cap	50.59
Marico Ltd.	Personal care	4.22	1152.8	3.07%	-0.01%	3.08% (Oct 2025)	0.22% (Dec 2024)	16.07 L	-0.13 L	Large Cap	50.59
ICICI Bank Ltd.	Private sector bank	10.73	1128.9	3.01%	0.08%	3.01% (Nov 2025)	0.13% (Dec 2024)	8.13 L	-8.90 k	Large Cap	50.59
Muthoot Finance Pvt. Ltd.	Non banking financial company (nbfc)	10.92	1118.3	2.98%	0.45%	2.98% (Nov 2025)	0% (Dec 2024)	2.99 L	-2.29 k	Mid Cap	13.59
Britannia Industries Ltd.	Packaged foods	4.82	1093.8	2.91%	-0.02%	2.94% (Oct 2025)	1.01% (Dec 2024)	1.87 L	-3.04 k	Large Cap	50.59
HDFC Asset Management Co. Ltd.	Asset management company	3.43	887.9	2.36%	-0.02%	4.64% (Jul 2025)	2.36% (Nov 2025)	3.32 L	1.65 L	Large Cap	50.59
Kotak Mahindra Bank Ltd.	Private sector bank	10.73	764	2.03%	0.06%	2.03% (Nov 2025)	0.27% (Dec 2024)	3.60 L	5.31 k	Large Cap	50.59
SBI Cards and Payment Services Ltd.	Non banking financial company (nbfc)	10.92	738	1.97%	0.00%	1.97% (Nov 2025)	0% (Dec 2024)	8.38 L	-5.94 k	Other	23.06
Hero Motocorp Ltd.	2/3 wheelers	5.86	737.8	1.96%	0.18%	3.43% (Sep 2025)	1.78% (Oct 2025)	1.19 L	-1.94 k	Large Cap	50.59
Great Eastern Shipping Co. Ltd.	Shipping	1.92	721.1	1.92%	0.03%	1.92% (Nov 2025)	0% (Dec 2024)	6.51 L	0.00	Small Cap	6.25
Nestle India Ltd.	Packaged foods	4.82	717.5	1.91%	-0.03%	1.94% (Oct 2025)	0.19% (Dec 2024)	5.69 L	-8.94 k	Other	23.06
Tech Mahindra Ltd.	Computers - software & consulting	8.67	708.5	1.89%	0.10%	1.89% (Nov 2025)	1.34% (Feb 2025)	4.67 L	-7.58 k	Large Cap	50.59
Mphasis Ltd.	Computers - software & consulting	8.67	683.5	1.82%	0.04%	1.82% (Nov 2025)	0.19% (Feb 2025)	2.43 L	0.00	Mid Cap	13.59
Wipro Ltd.	Computers - software & consulting	8.67	681.7	1.82%	0.05%	1.82% (Nov 2025)	0% (Dec 2024)	27.32 L	-0.45 L	Large Cap	50.59
Dr. Reddys Laboratories Ltd.	Pharmaceuticals	4.78	672.7	1.79%	0.07%	1.79% (Nov 2025)	0% (Dec 2024)	5.34 L	-8.49 k	Other	23.06
Pidilite Industries Ltd.	Specialty chemicals	1.74	654.7	1.74%	0.01%	1.74% (Nov 2025)	1.18% (Feb 2025)	4.45 L	-7.20 k	Large Cap	50.59
Hindustan Unilever Ltd.	Diversified fmcg	2.98	641.3	1.71%	-0.18%	1.89% (Oct 2025)	0.09% (Dec 2024)	2.60 L	-0.30 L	Large Cap	50.59
DR. LAL PATHLABS Ltd.	Healthcare service provider	1.69	633.5	1.69%	-0.03%	1.72% (Oct 2025)	0.99% (Feb 2025)	2.08 L	0.00	Small Cap	6.25
Endurance Technologies Ltd.	Auto components & equipments	4.9	629.7	1.68%	-0.12%	1.79% (Oct 2025)	0% (Dec 2024)	2.38 L	-0.78 k	Mid Cap	13.59
Page Industries Ltd.	Garments & apparels	1.64	615.9	1.64%	-0.12%	1.76% (Oct 2025)	0.24% (Feb 2025)	16.07 k	-0.12 k	Mid Cap	13.59
Ajanta Pharma Limited	Pharmaceuticals	4.78	487.2	1.30%	0.05%	3.17% (Dec 2024)	1.25% (Oct 2025)	1.90 L	-1.35 k	Small Cap	6.25
ITC Limited	Diversified fmcg	2.98	478	1.27%	0.12%	1.36% (Mar 2025)	0.22% (Dec 2024)	11.82 L	1.41 L	Large Cap	50.59
# Vodafone Idea Ltd.	Telecom - cellular & fixed line services	1.77	470.6	1.25%	1.25%	1.25% (Nov 2025)	0% (Dec 2024)	4.72 Cr	4.72 Cr	Large Cap	50.59
State Bank Of India	Public sector bank	1.69	412.7	1.10%	0.13%	1.1% (Nov 2025)	0.41% (Jan 2025)	4.22 L	30.75 k	Large Cap	50.59
UTI Asset Management Co. Pvt. Ltd.	Asset management company	3.43	400.6	1.07%	-0.10%	1.85% (Jun 2025)	1.07% (Nov 2025)	3.51 L	-2.69 k	Other	23.06
Aptus Value Housing Finance India Ltd.	Housing finance company	1.08	374.3	1.00%	-0.14%	1.14% (Oct 2025)	0% (Dec 2024)	13.41 L	-0.14 L	Other	23.06
Jio Financial Services Ltd.	Non banking financial company (nbfc)	10.92	294.3	0.78%	0.06%	0.78% (Nov 2025)	0.05% (Jan 2025)	9.61 L	63.45 k	Other	23.06
Axis Bank Ltd.	Private sector bank	10.73	293.5	0.78%	0.11%	0.78% (Nov 2025)	0.18% (Jan 2025)	2.29 L	22.50 k	Large Cap	50.59
Trent Limited	Speciality retail	0.78	291.2	0.78%	0.03%	0.78% (Nov 2025)	0% (Dec 2024)	68.50 k	8.60 k	Mid Cap	13.59
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	4.78	285.1	0.76%	0.05%	1.81% (Apr 2025)	0.71% (Oct 2025)	1.56 L	-2.32 k	Large Cap	50.59
Asian Paints (india) Ltd.	Paints	1.35	274.2	0.73%	0.02%	1.26% (Aug 2025)	0.16% (Dec 2024)	95.39 k	-0.11 L	Large Cap	50.59
HCL Technologies Limited	Computers - software & consulting	8.67	262.9	0.70%	0.03%	4.32% (Jun 2025)	0.67% (Oct 2025)	1.62 L	-2.63 k	Large Cap	50.59
Tata Consultancy Services Ltd.	Computers - software & consulting	8.67	243.6	0.65%	0.01%	1.65% (Mar 2025)	0.64% (Oct 2025)	77.63 k	-1.24 k	Large Cap	50.59
Infosys Ltd.	Computers - software & consulting	8.67	242.6	0.65%	0.03%	1.85% (Mar 2025)	0.62% (Oct 2025)	1.55 L	-2.52 k	Large Cap	50.59
Aditya Birla Capital Ltd.	Life insurance	0.79	242	0.64%	0.06%	0.64% (Nov 2025)	0% (Dec 2024)	6.76 L	0.00	Mid Cap	13.59
Dabur India Ltd.	Personal care	4.22	236.1	0.63%	0.03%	1.17% (Apr 2025)	0.19% (Dec 2024)	4.56 L	-7.41 k	Large Cap	50.59
- Bajaj Auto Ltd.	2/3 wheelers	5.86	234.4	0.62%	0.01%	3.29% (May 2025)	0.62% (Oct 2025)	25.83 k	-0.42 k	Large Cap	50.59
Berger Paints India Ltd.	Paints	1.35	232.6	0.62%	0.03%	0.62% (Nov 2025)	0.17% (Dec 2024)	4.12 L	0.00	Large Cap	50.59
Cipla Ltd.	Pharmaceuticals	4.78	231.2	0.62%	0.01%	0.62% (Nov 2025)	0.01% (Sep 2025)	1.51 L	-2.46 k	Large Cap	50.59
L&T Technology Services Ltd.	It enabled services	0.61	228.1	0.61%	0.05%	0.61% (Nov 2025)	0.21% (Dec 2024)	51.38 k	0.00	Mid Cap	13.59
Oil & Natural Gas Corporation Ltd.	Oil exploration & production	0.61	227.6	0.61%	-0.04%	0.64% (Oct 2025)	0% (Dec 2024)	9.36 L	-0.16 L	Large Cap	50.59
Tata Technologies Ltd.	Computers - software & consulting	8.67	227.4	0.61%	-0.01%	0.62% (Oct 2025)	0% (Dec 2024)	3.35 L	-3.40 k	Other	23.06
Crompton Greaves Consumer Electricals Ltd.	Household appliances	0.58	217.7	0.58%	-0.04%	0.62% (Oct 2025)	0% (Dec 2024)	8.20 L	-0.12 L	Mid Cap	13.59
Bayer Cropscience Ltd.	Pesticides & agrochemicals	0.58	216.3	0.58%	-0.02%	0.6% (Oct 2025)	0% (Dec 2024)	46.43 k	0.00	Mid Cap	13.59
Power Grid Corporation of India Ltd.	Power - transmission	0.57	215.9	0.57%	-0.04%	0.62% (Oct 2025)	0% (Dec 2024)	8.00 L	-0.13 L	Large Cap	50.59
Castrol (india) Ltd.	Lubricants	0.57	215.9	0.57%	-0.01%	0.58% (Oct 2025)	0% (Dec 2024)	11.23 L	-7.95 k	Mid Cap	13.59
Kajaria Ceramics Ltd.	Ceramics	0.55	205.1	0.55%	-0.07%	0.62% (Oct 2025)	0.14% (Feb 2025)	1.92 L	-0.95 k	Small Cap	6.25
Gujarat State Petronet Ltd.	Gas transmission/marketing	0.54	202.6	0.54%	-0.04%	0.58% (Oct 2025)	0% (Dec 2024)	7.05 L	0.00	Mid Cap	13.59
Tata Elxsi Ltd.	Computers - software & consulting	8.67	200.8	0.53%	-0.03%	0.56% (Oct 2025)	0.18% (Feb 2025)	38.93 k	0.00	Small Cap	6.25
Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	0.52	196.9	0.52%	0.05%	0.52% (Nov 2025)	0% (Dec 2024)	52.40 k	1.40 k	Large Cap	50.59
Procter & Gamble Hygiene & Health Care Ltd.	Personal care	4.22	195.3	0.52%	-0.02%	0.54% (Oct 2025)	0.2% (Feb 2025)	15.31 k	0.00	Large Cap	50.59
Bharti Airtel Ltd.	Telecom - cellular & fixed line services	1.77	193.7	0.52%	0.05%	0.52% (Nov 2025)	0.01% (Jan 2025)	92.15 k	7.13 k	Large Cap	50.59
DLF Ltd.	Residential, commercial projects	0.57	189.2	0.50%	0.03%	0.5% (Nov 2025)	0.01% (Dec 2024)	2.62 L	25.58 k	Large Cap	50.59
Bank Of Baroda	Public sector bank	1.69	157.7	0.42%	0.02%	0.95% (Mar 2025)	0.23% (May 2025)	5.44 L	0.00	Large Cap	50.59
CRISIL Ltd.	Other financial services	0.39	146	0.39%	-0.04%	0.43% (Oct 2025)	0.24% (Feb 2025)	33.01 k	0.00	Mid Cap	13.59
Larsen & Toubro Ltd.	Civil construction	0.38	141	0.38%	0.04%	0.38% (Nov 2025)	0.17% (Feb 2025)	34.65 k	2.98 k	Large Cap	50.59
Abbott India Ltd.	Pharmaceuticals	4.78	112.5	0.30%	0.01%	0.37% (Jun 2025)	0.22% (Jan 2025)	3.74 k	-58.00	Mid Cap	13.59
Eternal Ltd.	E-retail/ e-commerce	0.29	108.4	0.29%	0.10%	0.29% (Nov 2025)	0% (Dec 2024)	3.61 L	1.33 L	Other	23.06
Titan Company Ltd.	Gems, jewellery and watches	0.29	108.1	0.29%	0.01%	0.29% (Nov 2025)	0.03% (Dec 2024)	27.65 k	0.00	Large Cap	50.59
Adani Enterprises Ltd.	Trading - minerals	0.28	106.4	0.28%	-0.01%	0.33% (Jun 2025)	0.28% (Feb 2025)	46.66 k	1.36 k	Mid Cap	13.59
Ambuja Cements Ltd.	Cement & cement products	0.29	96.5	0.26%	0.00%	0.26% (Nov 2025)	0.06% (Feb 2025)	1.75 L	6.30 k	Large Cap	50.59
Bandhan Bank Ltd.	Private sector bank	10.73	83.9	0.22%	0.06%	0.24% (Sep 2025)	0.13% (Dec 2024)	5.58 L	1.66 L	Large Cap	50.59
- Solar Industries India Ltd.	Explosives	0.17	62.7	0.17%	-0.01%	0.17% (Oct 2025)	0% (Dec 2024)	4.73 k	0.00	Small Cap	6.25
- SBI Life Insurance Co Ltd.	Life insurance	0.79	55.3	0.15%	0.00%	0.15% (Nov 2025)	0% (Dec 2024)	28.13 k	0.00	Large Cap	50.59
- Yes Bank	Private sector bank	10.73	52.1	0.14%	0.00%	0.14% (Nov 2025)	0% (Dec 2024)	22.70 L	0.00	Other	23.06
- Bajaj Finserv Ltd	Holding company	0.13	48.2	0.13%	0.00%	0.13% (Nov 2025)	0% (Dec 2024)	23.00 k	0.00	Other	23.06
Tata Steel Ltd.	Iron & steel products	0.1	37.9	0.10%	-0.01%	0.11% (Oct 2025)	0% (Dec 2024)	2.26 L	0.00	Other	23.06
Petronet LNG Ltd.	Lpg/cng/png/lng supplier	0.09	35.2	0.09%	0.00%	1.81% (Apr 2025)	0.09% (Nov 2025)	1.30 L	0.00	Large Cap	50.59
Indus Towers Ltd.	Telecom - infrastructure	0.1	33.4	0.09%	0.01%	0.09% (Nov 2025)	0.03% (Feb 2025)	83.30 k	0.00	Large Cap	50.59
- SKF India (Industrial) Ltd.	Auto components & equipments	4.9	33.1	0.09%	0.00%	0.09% (Nov 2025)	0% (Dec 2024)	12.21 k	0.00	Other	23.06
Canara Bank	Public sector bank	1.69	32.7	0.09%	-0.23%	0.32% (Oct 2025)	0.09% (Nov 2025)	2.16 L	-6.55 L	Other	23.06
# Sammaan Capital Ltd.	Housing finance company	1.08	31.1	0.08%	0.08%	0.08% (Nov 2025)	0% (Dec 2024)	2.02 L	2.02 L	Mid Cap	13.59
- Punjab National Bank	Public sector bank	1.69	29.9	0.08%	0.00%	0.08% (Nov 2025)	0% (Dec 2024)	2.40 L	0.00	Large Cap	50.59
Godrej Properties Ltd.	Residential, commercial projects	0.57	27.9	0.07%	-0.01%	0.08% (Oct 2025)	0.01% (Jan 2025)	13.20 k	0.00	Mid Cap	13.59
SKF India Ltd.	Abrasives & bearings	0.06	22.9	0.06%	-0.01%	0.07% (Oct 2025)	0% (Dec 2024)	11.97 k	-0.24 k	Small Cap	6.25
- Varun Beverages Ltd.	Other beverages	0.06	22.8	0.06%	0.00%	0.06% (Oct 2025)	0% (Dec 2024)	47.25 k	-2.98 k	Other	23.06
- Adani Ports And Special Economic Zone Ltd.	Port & port services	0.05	19.5	0.05%	0.00%	0.06% (Feb 2025)	0.04% (Apr 2025)	12.83 k	0.00	Large Cap	50.59
Motherson Sumi Systems Ltd.	Auto components & equipments	4.9	16.5	0.04%	-0.02%	0.07% (Sep 2025)	0% (Dec 2024)	1.41 L	-1.05 L	Large Cap	50.59
Ultratech Cement Ltd.	Cement & cement products	0.29	10.4	0.03%	0.02%	0.03% (Nov 2025)	0% (Dec 2024)	900.00	700.00	Large Cap	50.59
- GMR Airports Ltd.	Airport & airport services	0.02	8.3	0.02%	0.00%	0.02% (Nov 2025)	0% (Dec 2024)	76.73 k	0.00	Small Cap	6.25
- Exide Industries Ltd.	Auto components & equipments	4.9	8.1	0.02%	0.00%	0.03% (Feb 2025)	0.01% (Jan 2025)	21.60 k	0.00	Mid Cap	13.59
- United Spirits Ltd.	Breweries & distilleries	0.02	7.6	0.02%	0.00%	0.02% (Nov 2025)	0% (Dec 2024)	5.20 k	0.00	Large Cap	50.59
- Indian Hotels Company Limited	Hotels & resorts	0.01	4.5	0.01%	0.00%	0.02% (Mar 2025)	0% (Dec 2024)	6.00 k	0.00	Mid Cap	13.59
- HFCL Ltd.	Telecom - infrastructure	0.1	4.1	0.01%	0.00%	0.01% (Oct 2025)	0% (Dec 2024)	58.05 k	0.00	Small Cap	6.25
- J S W Energy Ltd.	Power generation	0.01	3.9	0.01%	0.00%	0.01% (Oct 2025)	0% (Dec 2024)	8.00 k	0.00	Mid Cap	13.59
- Bharat Electronics Ltd.	Aerospace & defense	0.01	3.5	0.01%	0.00%	0.01% (Oct 2025)	0% (Dec 2024)	8.55 k	0.00	Mid Cap	13.59
- Laurus Labs Ltd.	Pharmaceuticals	4.78	3.5	0.01%	0.00%	0.02% (Mar 2025)	0% (Dec 2024)	3.40 k	0.00	Other	23.06
Bharat Heavy Electricals Ltd.	Heavy electrical equipment	0	1.5	0.00%	-0.01%	0.02% (Sep 2025)	0% (Nov 2025)	5.25 k	-0.18 L	Mid Cap	13.59
- Inox Wind Ltd.	Heavy electrical equipment	0	1.4	0.00%	0.00%	0% (Nov 2025)	0% (Dec 2024)	10.73 k	10.73 k	Small Cap	6.25
- Adani Energy Solutions Ltd.	Power - transmission	0.57	1.3	0.00%	0.00%	0% (Nov 2025)	0% (Dec 2024)	1.35 k	0.00	Mid Cap	13.59
- Tata Consumer Products Ltd.	Tea & coffee	0	0.6	0.00%	0.00%	0% (Nov 2025)	0% (Dec 2024)	550.00	0.00	Mid Cap	13.59
- Adani Green Energy Ltd.	Power generation	0.01	0.6	0.00%	0.00%	0% (Oct 2025)	0% (Dec 2024)	600.00	0.00	Small Cap	6.25
GAIL (India) Ltd.	Gas transmission/marketing	0.54	0.6	0.00%	-0.02%	0.09% (Mar 2025)	0% (Nov 2025)	3.15 k	-0.47 L	Large Cap	50.59
HDFC Life Insurance Company Ltd.	Life insurance	0.79	0.8	0.00%	0.00%	-	-	-	-	Large Cap	50.59
Tata Power Co. Ltd.	Integrated power utilities		97.5	0.00%	-0.26%	-	-	-	-	Mid Cap	13.59
ABB India Ltd.	Heavy electrical equipment	0	0.7	0.00%	0.00%	-	-	-	-	Large Cap	50.59
One 97 Communications Ltd.	Financial technology (fintech)		49.1	0.00%	-0.13%	-	-	-	-	Other	23.06
Federal Bank Ltd.	Private sector bank	10.73	1.2	0.00%	0.00%	-	-	-	-	Mid Cap	13.59
Hindustan Aeronautics Ltd.	Aerospace & defense	0.01	15.4	0.00%	-0.04%	-	-	-	-	Other	23.06
Gillette India Ltd.	Personal care	4.22	188.6	0.00%	-0.50%	-	-	-	-	Mid Cap	13.59

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

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

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# Sammaan Capital Ltd.	Housing finance company	31.1	0.08%	0.08%	0.08% (Nov 2025)	0% (Dec 2024)	2.02 L	202100
- Inox Wind Ltd.	Heavy electrical equipment	1.4	0.00%	0.00%	0% (Nov 2025)	0% (Dec 2024)	10.73 k	10725
# Vodafone Idea Ltd.	Telecom - cellular & fixed line services	470.6	1.25%	1.25%	1.25% (Nov 2025)	0% (Dec 2024)	4.72 Cr	47244975

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

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	1M Change in Qty
- HDFC Life Insurance Company Ltd.	Life insurance	0.8	0.00%	0.00%	0.04% (Feb 2025)	0% (Dec 2024)	-1100
Tata Power Co. Ltd.	Integrated power utilities	97.5	0.00%	-0.26%	0.26% (Oct 2025)	0% (Dec 2024)	-240700
- ABB India Ltd.	Heavy electrical equipment	0.7	0.00%	0.00%	0% (Sep 2025)	0% (Dec 2024)	-125
One 97 Communications Ltd.	Financial technology (fintech)	49.1	0.00%	-0.13%	0.13% (Oct 2025)	0% (Dec 2024)	-37700
- Federal Bank Ltd.	Private sector bank	1.2	0.00%	0.00%	0.01% (Dec 2024)	0% (Dec 2024)	-5000
Hindustan Aeronautics Ltd.	Aerospace & defense	15.4	0.00%	-0.04%	0.06% (Mar 2025)	0% (Dec 2024)	-3300
Gillette India Ltd.	Personal care	188.6	0.00%	-0.50%	2.26% (Jun 2025)	0% (Dec 2024)	-20915

Trend in stock holdings (Top 15 Holding)

Stock	Nov 2025	Oct 2025	Sep 2025	Aug 2025	Jul 2025	Jun 2025	May 2025	Apr 2025	Mar 2025	Feb 2025	Jan 2025	Dec 2024	Nov 2024
Reliance Industries Ltd.	9.28%	9.13%	8.66%	8.47%	8.78%	9.50%	9.21%	9.20%	8.60%	8.63%	8.60%	8.03%	7.94%
HDFC Asset Management Co. Ltd.	2.36%	2.38%	4.57%	4.48%	4.64%	4.50%	4.24%	3.96%	3.72%	2.62%	2.66%	2.82%	2.80%
HCL Technologies Limited	0.70%	0.67%	3.30%	3.44%	3.48%	4.32%	4.18%	4.09%	4.25%	3.27%	3.42%	3.71%	3.55%
Coal India Ltd.	-	-	3.36%	3.21%	3.23%	3.54%	3.64%	3.60%	3.81%	2.75%	2.80%	2.66%	2.86%
Bosch Ltd.	3.07%	3.20%	3.63%	3.78%	3.82%	3.27%	3.21%	3.06%	2.75%	2.20%	2.28%	2.64%	2.69%
Muthoot Finance Pvt. Ltd.	2.98%	2.53%	-	-	-	-	-	-	-	-	-	-	-
Alkem Laboratories Ltd.	-	-	2.23%	2.16%	2.05%	2.13%	2.24%	2.30%	2.78%	2.84%	2.96%	3.22%	3.20%
Bajaj Auto Ltd.	0.62%	0.62%	3.09%	3.05%	2.83%	3.13%	3.29%	3.18%	3.19%	2.45%	2.62%	2.54%	2.60%
Hero Motocorp Ltd.	1.96%	1.78%	3.43%	3.17%	2.66%	2.79%	2.90%	2.65%	2.64%	2.03%	2.26%	2.12%	2.41%
Torrent Pharmaceuticals Ltd.	-	-	2.22%	2.17%	2.29%	2.20%	2.09%	2.24%	2.69%	2.75%	2.91%	2.92%	2.87%
Bajaj Finance Ltd.	5.19%	4.91%	2.24%	1.90%	1.95%	2.05%	2.03%	1.93%	2.22%	2.16%	1.75%	1.47%	1.51%
Ajanta Pharma Limited	1.30%	1.25%	1.81%	1.96%	2.18%	2.16%	2.15%	2.40%	2.96%	2.88%	2.98%	3.17%	3.25%
Colgate - Palmolive (India) Limited	-	-	2.10%	2.19%	2.11%	2.38%	2.49%	2.68%	2.53%	2.03%	2.22%	2.06%	2.20%
Britannia Industries Ltd.	2.91%	2.94%	2.66%	2.56%	2.55%	2.72%	2.62%	2.64%	1.10%	1.04%	1.11%	1.01%	1.04%
Eicher Motors Ltd.	3.28%	3.29%	2.37%	2.05%	1.84%	2.01%	1.94%	2.06%	2.03%	1.41%	1.46%	1.33%	1.32%

No of Debt Holding 9 (Category Avg - 29.94) | Modified Duration 0.21 Years (Category Avg - 3.14)| Yield to Maturity 5.48% (Category Avg - 6.62%)

Portfolio Summary (as on 30th Nov,2025)

Security Type	% Weight	Category Average
GOI	1.38%	8.79%
CD	0.00%	0.31%
T-Bills	2.17%	0.92%
NCD & Bonds	0.00%	10.60%
CP	0.00%	0.36%
PTC	0.00%	0.27%

Category - Dynamic Asset Allocation or Balanced Advantage

Security Type	% Weight	Category Average
Government Backed	3.55%	9.70%
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 - Dynamic Asset Allocation or Balanced Advantage

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

Instrument	Type	Sector	Value (Mn)	% of Total Holding	Quantity
Bond - T-Bill	T-Bills	Other	339.13	0.90%	35.00 L
Bond - Govt of India	GOI	Other	253.98	0.68%	25.00 L
Bond - Govt of India	GOI	Other	251.47	0.67%	25.00 L
Bond - T-Bill	T-Bills	Other	248.61	0.66%	25.00 L
Bond - T-Bill	T-Bills	Other	149.32	0.40%	15.00 L
Bond - T-Bill	T-Bills	Other	24.86	0.07%	2.50 L
Bond - T-Bill	T-Bills	Other	24.74	0.07%	2.50 L
Bond - T-Bill	T-Bills	Other	24.68	0.07%	2.50 L
Bond - Govt of India	GOI	Other	10.03	0.03%	1.00 L