Quant BFSI Fund - Direct 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.

Equity Holding : 77.88% | F&O Holdings : 19.06%| Foreign Equity Holdings : 0.00%| Total : 96.94%

No of Stocks : 20 (Category Avg - 44.42) | Large Cap Investments : 28.52%| Mid Cap Investments : 22.73% | Small Cap Investments : 0% | Other : 45.68%

Portfolio Summary (as on 30th Sep,2025)

Particulars	This Scheme	Category
No. of Stocks	20	43.34
Top 5 Stock Weight	47%	32.63%
Top 10 Stock Weight	79%	49.7%
Top 3 Sector Weight	59.79%	43.81%

Category - Sectoral/Thematic

Particulars	This Scheme	Category
Average mcap (Cr)	102762.18	73374.89
Holdings in large cap stocks	28.52%	37.73%
Holdings in mid cap stocks	22.73%	14.7%
Holdings in small cap stocks	0%	13%

Category - Sectoral/Thematic

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
RBL Bank Ltd.	Private sector bank	635.8	9.70%	-0.86%	10.56% (Aug 2025)	6.6% (Nov 2024)	22.93 L	-2.36 L
# Piramal Finance Ltd.	Non banking financial company (nbfc)	627.4	9.58%	9.58%	9.58% (Sep 2025)	0% (Oct 2024)	5.58 L	5.58 L
State Bank Of India	Public sector bank	619.4	9.45%	0.34%	9.45% (Sep 2025)	0% (Oct 2024)	7.10 L	0.00
Capri Global Capital Ltd.	Non banking financial company (nbfc)	605.3	9.24%	-0.45%	10.31% (Jul 2025)	0% (Oct 2024)	32.69 L	0.00
Life Insurance Corporation Of India	Life insurance	591.7	9.03%	0.07%	10.53% (May 2025)	7.72% (Feb 2025)	6.57 L	0.00
LIC Housing Finance Ltd.	Housing finance company	510.4	7.79%	-0.23%	8.02% (Aug 2025)	0% (Oct 2024)	9.03 L	0.00
Anand Rathi Wealth Services Ltd.	Financial products distributor	504.7	7.70%	-0.28%	7.98% (Aug 2025)	0% (Oct 2024)	1.79 L	0.00
# SBI Cards and Payment Services Ltd.	Non banking financial company (nbfc)	370.9	5.66%	0.00%	5.66% (Sep 2025)	0% (Oct 2024)	4.23 L	4.23 L
Bajaj Finance Ltd. : Futures Near	Non banking financial company (nbfc)	365.4	5.58%	2.71%	6.92% (Dec 2024)	0% (Oct 2024)	3.64 L	0.03 Cr
Power Finance Corporation Ltd. : Futures Near	Financial institution	345.1	5.27%	-0.83%	6.33% (Jul 2025)	0% (Oct 2024)	8.37 L	0.07 Cr

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

View complete holding

Complete equity Portfolio (as on 30th Sep,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
RBL Bank Ltd.	Private sector bank	9.7	635.8	9.70%	-0.86%	10.56% (Aug 2025)	6.6% (Nov 2024)	22.93 L	-2.36 L	Mid Cap	22.73
# Piramal Finance Ltd.	Non banking financial company (nbfc)	34.63	627.4	9.58%	9.58%	9.58% (Sep 2025)	0% (Oct 2024)	5.58 L	5.58 L	Other	45.68
State Bank Of India	Public sector bank	13.33	619.4	9.45%	0.34%	9.45% (Sep 2025)	0% (Oct 2024)	7.10 L	0.00	Large Cap	28.52
Capri Global Capital Ltd.	Non banking financial company (nbfc)	34.63	605.3	9.24%	-0.45%	10.31% (Jul 2025)	0% (Oct 2024)	32.69 L	0.00	Other	45.68
Life Insurance Corporation Of India	Life insurance	11.83	591.7	9.03%	0.07%	10.53% (May 2025)	7.72% (Feb 2025)	6.57 L	0.00	Other	45.68
LIC Housing Finance Ltd.	Housing finance company	9.23	510.4	7.79%	-0.23%	8.02% (Aug 2025)	0% (Oct 2024)	9.03 L	0.00	Mid Cap	22.73
Anand Rathi Wealth Services Ltd.	Financial products distributor	7.7	504.7	7.70%	-0.28%	7.98% (Aug 2025)	0% (Oct 2024)	1.79 L	0.00	Other	45.68
# SBI Cards and Payment Services Ltd.	Non banking financial company (nbfc)	34.63	370.9	5.66%	0.00%	5.66% (Sep 2025)	0% (Oct 2024)	4.23 L	4.23 L	Other	45.68
Bajaj Finance Ltd. : Futures Near	Non banking financial company (nbfc)	34.63	365.4	5.58%	2.71%	6.92% (Dec 2024)	0% (Oct 2024)	3.64 L	0.03 Cr	Large Cap	28.52
Power Finance Corporation Ltd. : Futures Near	Financial institution	10.51	345.1	5.27%	-0.83%	6.33% (Jul 2025)	0% (Oct 2024)	8.37 L	0.07 Cr	Large Cap	28.52
Bajaj Finance Ltd.	Non banking financial company (nbfc)	34.63	239.8	3.66%	0.76%	6.53% (Mar 2025)	0% (Oct 2024)	2.40 L	33.19 k	Other	45.68
HDFC Life Insurance Company Ltd. : Futures Near	Life insurance	11.83	183.5	2.80%	-0.19%	9.53% (May 2025)	0% (Oct 2024)	2.41 L	0.01 Cr	Large Cap	28.52
Rural Electrification Corporation Limited	Financial institution	10.51	179.5	2.74%	0.04%	3.38% (Mar 2025)	0% (Oct 2024)	4.81 L	0.00	Mid Cap	22.73
Canara Bank : Futures Near	Public sector bank	13.33	176.6	2.70%	0.00%	2.7% (Sep 2025)	0% (Oct 2024)	14.18 L	0.13 Cr	Large Cap	28.52
Power Finance Corporation Ltd.	Financial institution	10.51	164.1	2.50%	0.08%	2.66% (Jun 2025)	0% (Oct 2024)	4.00 L	0.00	Mid Cap	22.73
LIC Housing Finance Ltd. : Futures Near	Housing finance company	9.23	88.2	1.35%	-0.03%	4.92% (Apr 2025)	0% (Oct 2024)	1.55 L	0.52 L	Large Cap	28.52
SBI Cards and Payment Services Ltd. : Futures Near	Non banking financial company (nbfc)	34.63	59.5	0.91%	0.91%	9.01% (Mar 2025)	0% (Oct 2024)	68.80 k	-0.00 Cr	Large Cap	28.52
# Canara Bank	Public sector bank	13.33	47.4	0.72%	0.72%	4.51% (May 2025)	0% (Oct 2024)	3.83 L	3.83 L	Other	45.68
State Bank Of India : Futures Near	Public sector bank	13.33	30.3	0.46%	0.00%	2.72% (May 2025)	0% (Oct 2024)	34.50 k	-0.01 Cr	Large Cap	28.52
Aptus Value Housing Finance India Ltd.	Housing finance company	9.23	5.9	0.09%	-3.60%	4.36% (Jul 2025)	0% (Oct 2024)	18.36 k	-7.07 L	Other	45.68
HFCL Ltd.	Telecom - infrastructure		115.3	0.00%	-1.84%	-	-	-	-	Small Cap	0
Piramal Enterprises Ltd.	Other financial services		590.7	0.00%	-9.45%	-	-	-	-	Large Cap	28.52
Infosys Ltd.	Computers - software & consulting		175.3	0.00%	-2.80%	-	-	-	-	Large Cap	28.52

- 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
# Piramal Finance Ltd.	Non banking financial company (nbfc)	627.4	9.58%	9.58%	9.58% (Sep 2025)	0% (Oct 2024)	5.58 L	558062
SBI Cards and Payment Services Ltd.	Non banking financial company (nbfc)	59.5	0.91%	0.91%	9.01% (Mar 2025)	0% (Oct 2024)	68.80 k	-33824.7
# Canara Bank	Public sector bank	47.4	0.72%	0.72%	4.51% (May 2025)	0% (Oct 2024)	3.83 L	383357

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	1M Change in Qty
HFCL Ltd.	Telecom - infrastructure	115.3	0.00%	-1.84%	3.38% (Nov 2024)	0% (Oct 2024)	-1641000
Piramal Enterprises Ltd.	Other financial services	590.7	0.00%	-9.45%	10.2% (Jul 2025)	0% (Oct 2024)	-527329
Infosys Ltd.	Computers - software & consulting	175.3	0.00%	-2.80%	2.8% (Aug 2025)	0% (Oct 2024)	-118800

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
Capri Global Capital Ltd.	9.24%	9.69%	10.31%	9.63%	-	-	-	-	-	-	-	-	-
Piramal Finance Ltd.	9.58%	-	-	-	-	-	-	-	-	-	-	-	-
Jio Financial Services Ltd.	-	-	-	9.97%	10.23%	10.53%	9.53%	8.43%	8.96%	8.53%	9.22%	9.74%	9.47%
Piramal Enterprises Ltd.	-	9.45%	10.20%	9.40%	9.61%	8.19%	8.66%	7.80%	8.35%	8.81%	9.29%	9.17%	9.07%
HDFC Life Insurance Company Ltd.	-	-	-	-	-	-	-	-	8.77%	8.28%	8.68%	9.45%	9.35%
RBL Bank Ltd.	9.70%	10.56%	10.43%	9.79%	8.86%	8.74%	7.84%	7.30%	9.62%	9.01%	6.60%	7.18%	7.73%
Life Insurance Corporation Of India	9.03%	8.96%	9.09%	9.96%	10.53%	7.86%	8.17%	7.72%	8.05%	8.30%	9.01%	8.39%	8.18%
Aadhar Housing Finance Ltd.	-	-	-	-	-	-	-	7.06%	6.75%	7.33%	9.43%	9.53%	9.67%
PB Fintech Ltd.	-	-	-	6.57%	9.70%	-	-	-	-	-	-	-	-
LIC Housing Finance Ltd.	7.79%	8.02%	7.20%	7.66%	7.80%	-	-	-	-	-	-	-	-
Anand Rathi Wealth Services Ltd.	7.70%	7.98%	7.30%	6.00%	-	-	-	-	-	-	-	-	-
Reliance Industries Ltd.	-	-	-	-	-	8.29%	7.80%	7.49%	7.20%	6.76%	7.07%	6.95%	4.36%
State Bank Of India	9.45%	9.11%	8.74%	-	5.95%	-	-	-	-	-	5.60%	1.07%	-
Bajaj Finserv Ltd	-	-	-	-	-	9.58%	10.38%	9.88%	6.06%	2.67%	2.65%	2.92%	-
Aditya Birla Capital Ltd.	-	-	-	-	-	-	-	-	5.62%	5.44%	5.85%	6.08%	6.82%

No of Debt Holding 6 (Category Avg - 0.85) | Modified Duration 0.00 Years (Category Avg - - --)| Yield to Maturity - -- (Category Avg - 0.00%)

Portfolio Summary (as on 30th Sep,2025)

Security Type	% Weight	Category Average
GOI	0.00%	0.02%
T-Bills	3.80%	0.36%

Category - Sectoral/Thematic

Security Type	% Weight	Category Average
Government Backed	3.80%	0.37%
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 - Sectoral/Thematic

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

Instrument	Type	Sector	Value (Mn)	% of Total Holding	Quantity
Bond - T-Bill	T-Bills	Other	49.79	0.76%	5.00 L
Bond - T-Bill	T-Bills	Other	49.63	0.76%	5.00 L
Bond - T-Bill	T-Bills	Other	49.57	0.76%	5.00 L
Bond - T-Bill	T-Bills	Other	49.53	0.76%	5.00 L
Bond - T-Bill	T-Bills	Other	29.93	0.46%	3.00 L
Bond - T-Bill	T-Bills	Other	19.77	0.30%	2.00 L