SBI Balanced Advantage 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.

Category : Dynamic Asset Allocation or Balanced Advantage

Equity Holding : 68.55% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 68.55%

No of Stocks : 92 (Category Avg - 75.29) | Large Cap Investments : 48.44%| Mid Cap Investments : 5.63% | Small Cap Investments : 0.4% | Other : 14.08%

Portfolio Summary (as on 31st Oct,2025)

Particulars	This Scheme	Category
No. of Stocks	92	71.54
Top 5 Stock Weight	18.54%	21.44%
Top 10 Stock Weight	28.54%	32.64%
Top 3 Sector Weight	23.61%	24.36%

Category - Dynamic Asset Allocation or Balanced Advantage

Particulars	This Scheme	Category
Average mcap (Cr)	108864.98	94702.15
Holdings in large cap stocks	48.44%	38.05%
Holdings in mid cap stocks	5.63%	8.49%
Holdings in small cap stocks	0.4%	4.5%

Category - Dynamic Asset Allocation or Balanced Advantage

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
# Reliance Industries Ltd.	Refineries & marketing	22778.4	5.90%	0.00%	6.01% (Jun 2025)	3.44% (Oct 2024)	1.53 Cr
# HDFC Bank Ltd.	Private sector bank	19559.7	5.06%	0.00%	5.95% (Feb 2025)	4.94% (Jan 2025)	1.98 Cr
# Tata Steel Ltd.	Iron & steel products	10405.5	2.69%	0.00%	2.56% (Sep 2025)	1.92% (Jan 2025)	5.69 Cr
# Bharti Airtel Ltd.	Telecom - cellular & fixed line services	10374.9	2.69%	0.00%	3.33% (Nov 2024)	2.4% (Aug 2025)	50.50 L
# GAIL (India) Ltd.	Gas transmission/marketing	8481.1	2.20%	0.00%	3.2% (Oct 2024)	2.18% (Sep 2025)	4.64 Cr
# ITC Limited	Diversified fmcg	8321.3	2.15%	0.00%	2.3% (May 2025)	0.79% (Jan 2025)	1.98 Cr
# Larsen & Toubro Ltd.	Civil construction	7829	2.03%	0.00%	2.25% (Nov 2024)	1.38% (Apr 2025)	19.42 L
# Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	7625.5	1.97%	0.00%	2.16% (Dec 2024)	1.72% (May 2025)	21.87 L
# Axis Bank Ltd.	Private sector bank	7454.3	1.93%	0.00%	2.57% (Feb 2025)	1.72% (Aug 2025)	60.47 L
# Bank Of Baroda	Public sector bank	7418.5	1.92%	0.00%	1.87% (May 2025)	0.02% (Oct 2024)	2.66 Cr

- 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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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
# Reliance Industries Ltd.	Refineries & marketing	7.98	22778.4	5.90%	0.00%	6.01% (Jun 2025)	3.44% (Oct 2024)	1.53 Cr	0.00	Large Cap	48.44
# HDFC Bank Ltd.	Private sector bank	10.5	19559.7	5.06%	0.00%	5.95% (Feb 2025)	4.94% (Jan 2025)	1.98 Cr	0.00	Other	14.08
# Tata Steel Ltd.	Iron & steel products	2.93	10405.5	2.69%	0.00%	2.56% (Sep 2025)	1.92% (Jan 2025)	5.69 Cr	0.00	Other	14.08
# Bharti Airtel Ltd.	Telecom - cellular & fixed line services	2.69	10374.9	2.69%	0.00%	3.33% (Nov 2024)	2.4% (Aug 2025)	50.50 L	0.00	Large Cap	48.44
# GAIL (India) Ltd.	Gas transmission/marketing	2.2	8481.1	2.20%	0.00%	3.2% (Oct 2024)	2.18% (Sep 2025)	4.64 Cr	0.00	Large Cap	48.44
# ITC Limited	Diversified fmcg	2.72	8321.3	2.15%	0.00%	2.3% (May 2025)	0.79% (Jan 2025)	1.98 Cr	0.00	Large Cap	48.44
# Larsen & Toubro Ltd.	Civil construction	2.03	7829	2.03%	0.00%	2.25% (Nov 2024)	1.38% (Apr 2025)	19.42 L	0.00	Large Cap	48.44
# Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	4.29	7625.5	1.97%	0.00%	2.16% (Dec 2024)	1.72% (May 2025)	21.87 L	0.00	Large Cap	48.44
# Axis Bank Ltd.	Private sector bank	10.5	7454.3	1.93%	0.00%	2.57% (Feb 2025)	1.72% (Aug 2025)	60.47 L	0.00	Large Cap	48.44
# Bank Of Baroda	Public sector bank	5.13	7418.5	1.92%	0.00%	1.87% (May 2025)	0.02% (Oct 2024)	2.66 Cr	0.00	Large Cap	48.44
# Punjab National Bank	Public sector bank	5.13	6853.6	1.77%	0.00%	1.68% (Jun 2025)	0.73% (Oct 2024)	5.58 Cr	0.00	Large Cap	48.44
# HCL Technologies Limited	Computers - software & consulting	4.34	6660.4	1.72%	0.00%	2.24% (Jan 2025)	0.75% (Oct 2024)	43.21 L	0.00	Large Cap	48.44
# Asian Paints (india) Ltd.	Paints	1.62	6277	1.62%	0.00%	2.23% (Jul 2025)	0% (Oct 2024)	25.00 L	0.00	Large Cap	48.44
# Cesc Ltd.	Integrated power utilities	3.38	6118.6	1.58%	0.00%	1.97% (Oct 2024)	1.37% (Feb 2025)	3.40 Cr	0.00	Other	14.08
# Tech Mahindra Ltd.	Computers - software & consulting	4.34	5943.6	1.54%	0.00%	2.17% (Nov 2024)	1.56% (Sep 2025)	41.73 L	0.00	Large Cap	48.44
# State Bank Of India	Public sector bank	5.13	5564.6	1.44%	0.00%	1.63% (Dec 2024)	1.29% (Jul 2025)	59.39 L	0.00	Large Cap	48.44
# ICICI Bank Ltd.	Private sector bank	10.5	5529.5	1.43%	0.00%	1.48% (Sep 2025)	0.77% (Jun 2025)	41.10 L	0.00	Large Cap	48.44
# Torrent Power Ltd.	Integrated power utilities	3.38	5385.8	1.39%	0.00%	2.28% (Oct 2024)	1.33% (Sep 2025)	40.91 L	0.00	Mid Cap	5.63
# Indian Oil Corporation Ltd.	Refineries & marketing	7.98	4690.8	1.21%	0.00%	1.92% (Oct 2024)	1.05% (Aug 2025)	2.83 Cr	0.00	Large Cap	48.44
# Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	4.29	4651.1	1.20%	0.00%	1.56% (Aug 2025)	0.5% (Mar 2025)	2.87 L	0.00	Large Cap	48.44
# Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	3.47	4611	1.19%	0.00%	1.79% (Oct 2024)	1.16% (Jun 2025)	27.27 L	0.00	Large Cap	48.44
# Kotak Mahindra Bank Ltd.	Private sector bank	10.5	4491.1	1.16%	0.00%	1.68% (Feb 2025)	0.99% (Jul 2025)	21.36 L	0.00	Large Cap	48.44
# Tata Motors Ltd.	Passenger cars & utility vehicles	4.29	4332.6	1.12%	0.00%	1.98% (Jun 2025)	0.99% (Feb 2025)	1.06 Cr	0.00	Large Cap	48.44
# Biocon Ltd.	Pharmaceuticals	3.47	3728.9	0.97%	0.00%	1.1% (Nov 2024)	0.91% (Sep 2025)	1.00 Cr	0.00	Mid Cap	5.63
# Mahindra & Mahindra Financial Services Ltd.	Non banking financial company (nbfc)	1.49	3469	0.90%	0.00%	0.81% (Sep 2025)	0% (Oct 2024)	1.10 Cr	0.00	Mid Cap	5.63
# DLF Ltd.	Residential, commercial projects	0.9	3464.6	0.90%	0.00%	1.48% (Oct 2024)	0.87% (Sep 2025)	45.81 L	0.00	Large Cap	48.44
# ICICI Prudential Life Insurance Co Ltd.	Life insurance	1.57	3328	0.86%	0.00%	1.01% (Jun 2025)	0.71% (Mar 2025)	56.30 L	0.00	Large Cap	48.44
# Indus Towers Ltd.	Telecom - infrastructure	0.85	3297.1	0.85%	0.00%	1.05% (May 2025)	0.18% (Feb 2025)	90.68 L	0.00	Large Cap	48.44
# United Spirits Ltd.	Breweries & distilleries	0.84	3242.8	0.84%	0.00%	1.1% (Dec 2024)	0.8% (Aug 2025)	22.66 L	0.00	Large Cap	48.44
# Cipla Ltd.	Pharmaceuticals	3.47	3208.2	0.83%	0.00%	0.99% (Oct 2024)	0.86% (Sep 2025)	21.37 L	0.00	Large Cap	48.44
# Bandhan Bank Ltd.	Private sector bank	10.5	3094.3	0.80%	0.00%	0.4% (Jun 2025)	0.03% (Jan 2025)	1.98 Cr	1.20 Cr	Large Cap	48.44
# Ashok Leyland Ltd.	Commercial vehicles	1.46	2880.1	0.75%	0.00%	1.28% (Nov 2024)	0.78% (Sep 2025)	2.03 Cr	0.00	Mid Cap	5.63
# Dabur India Ltd.	Personal care	0.75	2859	0.74%	0.00%	0.85% (Feb 2025)	0.06% (Oct 2024)	58.64 L	0.00	Large Cap	48.44
# TML Commercial Vehicles Ltd.	Commercial vehicles	1.46	2755.4	0.71%	0.71%	0% (Nov 2025)	0% (Nov 2025)	1.06 Cr	1.06 Cr	Other	14.08
# Bharat Petroleum Corporation Ltd.	Refineries & marketing	7.98	2712.8	0.70%	0.00%	0.75% (Oct 2024)	0.53% (Feb 2025)	76.03 L	0.00	Large Cap	48.44
# Petronet LNG Ltd.	Lpg/cng/png/lng supplier	0.7	2685.8	0.70%	0.00%	1.05% (Dec 2024)	0.7% (Aug 2025)	95.49 L	0.00	Large Cap	48.44
# Oil & Natural Gas Corporation Ltd.	Oil exploration & production	0.68	2617.5	0.68%	0.00%	0.86% (Oct 2024)	0.65% (Aug 2025)	1.02 Cr	0.00	Large Cap	48.44
# Vishal Mega Mart Ltd.	Diversified retail	0.62	2389.1	0.62%	0.00%	0.67% (Aug 2025)	0% (Oct 2024)	1.65 Cr	0.00	Other	14.08
# Bajaj Finserv Ltd	Holding company	0.59	2262.3	0.59%	0.00%	0.61% (Jun 2025)	0.23% (Oct 2024)	10.83 L	0.00	Other	14.08
# Hindustan Unilever Ltd.	Diversified fmcg	2.72	2205.6	0.57%	0.00%	0.82% (Nov 2024)	0.56% (Jun 2025)	8.95 L	0.00	Large Cap	48.44
# Life Insurance Corporation Of India	Life insurance	1.57	2163.5	0.56%	0.00%	0.72% (Nov 2024)	0.55% (Feb 2025)	24.18 L	0.00	Other	14.08
# Cummins India Ltd.	Compressors, pumps & diesel engines	0.54	2105.2	0.54%	0.00%	0.7% (Oct 2024)	0.46% (Jun 2025)	4.85 L	0.00	Mid Cap	5.63
# Tata Consultancy Services Ltd.	Computers - software & consulting	4.34	2094.9	0.54%	0.00%	1.05% (Jan 2025)	0.46% (Jul 2025)	6.85 L	0.00	Large Cap	48.44
# Delhivery Ltd.	Logistics solution provider	1.03	1870.6	0.48%	0.00%	0.51% (Aug 2025)	0.3% (Mar 2025)	40.15 L	0.00	Other	14.08
# Sona BLW Precision Forgings Ltd.	Auto components & equipments	0.5	1834.3	0.47%	0.00%	0.81% (Oct 2024)	0.22% (May 2025)	38.80 L	0.00	Other	14.08
# Power Grid Corporation of India Ltd.	Power - transmission	0.47	1814.5	0.47%	0.00%	0.93% (Oct 2024)	0.45% (Aug 2025)	62.97 L	0.00	Large Cap	48.44
# Cholamandalam Investment & Finance Co. Ltd.	Non banking financial company (nbfc)	1.49	1735.2	0.45%	0.00%	0% (Nov 2025)	0% (Nov 2025)	10.23 L	10.23 L	Other	14.08
# Tata Power Co. Ltd.	Integrated power utilities	3.38	1599.9	0.41%	0.00%	0.73% (Oct 2024)	0.4% (Aug 2025)	39.51 L	0.00	Mid Cap	5.63
# Titan Company Ltd.	Gems, jewellery and watches	0.4	1542.8	0.40%	0.00%	0.37% (Sep 2025)	0.19% (Jul 2025)	4.12 L	0.00	Large Cap	48.44
# Carborundum Universal Ltd.	Abrasives & bearings	0.37	1421.9	0.37%	0.00%	0.69% (Nov 2024)	0.39% (Aug 2025)	15.79 L	0.00	Small Cap	0.4
# Gateway Rail Freight Ltd.	Logistics solution provider	1.03	1342.7	0.35%	0.00%	0.57% (Oct 2024)	0.34% (Sep 2025)	2.10 Cr	0.00	Other	14.08
# Wipro Ltd.	Computers - software & consulting	4.34	1334	0.35%	0.00%	0.68% (Jan 2025)	0.35% (Sep 2025)	55.43 L	0.00	Large Cap	48.44
# ICICI Lombard General Insurance Co Ltd.	General insurance	0.32	1222.8	0.32%	0.00%	0.48% (Oct 2024)	0.31% (Sep 2025)	6.13 L	0.00	Large Cap	48.44
# Grasim Industries Limited	Cement & cement products	0.45	1091.7	0.28%	0.00%	0.34% (Mar 2025)	0% (Oct 2024)	3.78 L	0.00	Large Cap	48.44
# Alkem Laboratories Ltd.	Pharmaceuticals	3.47	988.9	0.26%	0.00%	0.26% (Sep 2025)	0% (Oct 2024)	1.80 L	0.00	Mid Cap	5.63
# Hindalco Industries Ltd.	Aluminium	0.25	959.1	0.25%	0.00%	0.38% (Mar 2025)	0.17% (Apr 2025)	11.31 L	0.00	Large Cap	48.44
# Lupin Ltd.	Pharmaceuticals	3.47	806.1	0.21%	0.00%	0.47% (Dec 2024)	0.21% (Aug 2025)	4.11 L	0.00	Large Cap	48.44
# Container Corporation Of India Ltd.	Logistics solution provider	1.03	777.1	0.20%	0.00%	0.31% (Oct 2024)	0.2% (Sep 2025)	14.25 L	0.00	Large Cap	48.44
# Hindustan Petroleum Corporation Ltd.	Refineries & marketing	7.98	673.8	0.17%	0.00%	0.2% (Dec 2024)	0.1% (Aug 2025)	14.15 L	0.00	Large Cap	48.44
# Infosys Ltd.	Computers - software & consulting	4.34	626	0.16%	0.00%	0.33% (Dec 2024)	0.16% (Sep 2025)	4.22 L	0.00	Large Cap	48.44
# Associated Cement Companies Ltd.	Cement & cement products	0.45	611.5	0.16%	0.00%	0.23% (Oct 2024)	0.16% (Sep 2025)	3.25 L	0.00	Mid Cap	5.63
# Go Fashion (India) Ltd.	Speciality retail	0.15	596.8	0.15%	0.00%	0.32% (Oct 2024)	0.17% (Sep 2025)	9.26 L	0.00	Other	14.08
# SBI Life Insurance Co Ltd.	Life insurance	1.57	580.1	0.15%	0.00%	0.22% (Oct 2024)	0.14% (Sep 2025)	2.97 L	0.00	Large Cap	48.44
# Nestle India Ltd.	Packaged foods	0.14	543.6	0.14%	0.00%	0.13% (Sep 2025)	0% (Oct 2024)	4.28 L	0.00	Other	14.08
# Shriram Finance Ltd.	Non banking financial company (nbfc)	1.49	528.3	0.14%	0.00%	0.21% (Nov 2024)	0% (Oct 2024)	7.05 L	0.00	Other	14.08
# Steel Authority Of India Ltd.	Iron & steel products	2.93	514.2	0.13%	0.13%	0.01% (May 2025)	0% (Oct 2024)	37.57 L	37.57 L	Mid Cap	5.63
# Indusind Bank Ltd.	Private sector bank	10.5	460.1	0.12%	0.00%	0.31% (Apr 2025)	0.01% (Oct 2024)	5.79 L	0.00	Large Cap	48.44
# Vedanta Ltd.	Diversified metals	0.06	240.7	0.06%	0.00%	0.06% (Sep 2025)	0% (Oct 2024)	4.88 L	0.00	Large Cap	48.44
# J S W Steel Ltd.	Iron & steel products	2.93	219.8	0.06%	0.00%	0.19% (Oct 2024)	0.05% (Aug 2025)	1.82 L	0.00	Large Cap	48.44
# Eternal Ltd.	E-retail/ e-commerce	0.05	186.5	0.05%	0.00%	0.05% (Sep 2025)	0% (Oct 2024)	5.87 L	0.00	Other	14.08
# Jindal Steel Ltd.	Iron & steel products	2.93	184.7	0.05%	0.00%	0.1% (Dec 2024)	0% (Oct 2024)	1.73 L	0.00	Mid Cap	5.63
# Tube Investments Of India Ltd.	Auto components & equipments	0.5	104.3	0.03%	0.00%	0.03% (Aug 2025)	0% (Oct 2024)	34.50 k	0.00	Small Cap	0.4
# Crompton Greaves Consumer Electricals Ltd.	Household appliances	0.02	85.5	0.02%	0.00%	0.04% (Nov 2024)	0.02% (Sep 2025)	3.03 L	0.00	Mid Cap	5.63
# Rural Electrification Corporation Limited	Financial institution	0.02	77.9	0.02%	0.00%	0.09% (Oct 2024)	0.02% (Aug 2025)	2.08 L	0.00	Mid Cap	5.63
# Bharat Electronics Ltd.	Aerospace & defense	0.02	65.6	0.02%	0.00%	0.02% (Sep 2025)	0% (Oct 2024)	1.54 L	0.00	Mid Cap	5.63
# Persistent Systems Ltd.	Computers - software & consulting	4.34	59.8	0.02%	0.00%	0.01% (Sep 2025)	0% (Oct 2024)	10.10 k	0.00	Other	14.08
# Ultratech Cement Ltd.	Cement & cement products	0.45	55.6	0.01%	0.00%	0.19% (Jan 2025)	0% (Oct 2024)	4.65 k	0.00	Large Cap	48.44
# One 97 Communications Ltd.	Financial technology (fintech)	0.01	44.4	0.01%	0.00%	0.01% (Sep 2025)	0% (Oct 2024)	34.08 k	0.00	Other	14.08
# Siemens Ltd.	Heavy electrical equipment	0.01	43	0.01%	0.00%	0.01% (Sep 2025)	0% (Oct 2024)	13.88 k	0.00	Large Cap	48.44
# Coforge Ltd.	Computers - software & consulting	4.34	34	0.01%	0.00%	0.01% (Sep 2025)	0% (Oct 2024)	19.13 k	0.00	Other	14.08
# Aurobindo Pharma Ltd.	Pharmaceuticals	3.47	32.6	0.01%	0.00%	0.01% (Dec 2024)	0.01% (Oct 2024)	28.60 k	0.00	Large Cap	48.44
# Tata Consumer Products Ltd.	Tea & coffee	0.01	28.8	0.01%	0.00%	0.04% (May 2025)	0% (Oct 2024)	24.75 k	0.00	Mid Cap	5.63
# Marico Ltd.	Personal care	0.75	22.5	0.01%	0.00%	0.03% (Feb 2025)	0% (Oct 2024)	31.20 k	0.00	Large Cap	48.44
- HDFC Asset Management Co. Ltd.	Asset management company	0	16.2	0.00%	0.00%	0.17% (May 2025)	0% (Aug 2025)	3.01 k	0.00	Large Cap	48.44
- PNB Housing Finance Ltd.	Housing finance company	0	13.9	0.00%	0.00%	0% (Aug 2025)	0% (Oct 2024)	14.95 k	0.00	Mid Cap	5.63
- NMDC LTD	Industrial minerals	0	12.3	0.00%	0.00%	0.04% (Mar 2025)	0% (Sep 2025)	1.62 L	0.00	Mid Cap	5.63
- Info Edge (India) Ltd.	Internet & catalogue retail	0	4.1	0.00%	0.00%	0% (Sep 2025)	0% (Oct 2024)	3.00 k	0.00	Other	14.08
- LIC Housing Finance Ltd.	Housing finance company	0	3.4	0.00%	0.00%	0.04% (Dec 2024)	0% (Oct 2024)	6.00 k	0.00	Mid Cap	5.63
- Bajaj Finance Ltd.	Non banking financial company (nbfc)	1.49	1.1	0.00%	0.00%	0.23% (Feb 2025)	0% (Jun 2025)	1.05 k	0.00	Other	14.08
- InterGlobe Aviation Ltd.	Airline	0	0.8	0.00%	0.00%	0.89% (Apr 2025)	0% (Sep 2025)	150.00	0.00	Large Cap	48.44
- Indian Hotels Company Limited	Hotels & resorts	0	0.7	0.00%	0.00%	0% (Sep 2025)	0% (Oct 2024)	1.00 k	0.00	Mid Cap	5.63
- Dr. Reddys Laboratories Ltd.	Pharmaceuticals	3.47	0.3	0.00%	0.00%	0% (Sep 2025)	0% (May 2025)	250.00	0.00	Other	14.08
Bond - Indian Railway Finance Corporation Ltd.	Financial institution	0.02	1732.3	0.00%	-0.46%	-	-	-	-	Other	14.08
Bond - Bank Of India	Public sector bank	5.13	1979.8	0.00%	-0.53%	-	-	-	-	Other	14.08
Bond - Canara Bank	Public sector bank	5.13	2499.2	0.00%	-0.67%	-	-	-	-	Other	14.08
Bond - Kotak Securities Ltd.	Stockbroking & allied		1990.5	0.00%	-0.53%	-	-	-	-	Other	14.08
Bond - Nuvoco Vistas Corporation Ltd.	Cement & cement products	0.45	1244	0.00%	-0.33%	-	-	-	-	Other	14.08

- 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
# TML Commercial Vehicles Ltd.	Commercial vehicles	2755.4	0.71%	0.71%	0% (Nov 2025)	0% (Nov 2025)	1.06 Cr	10567226
# Steel Authority Of India Ltd.	Iron & steel products	514.2	0.13%	0.13%	0.01% (May 2025)	0% (Oct 2024)	37.57 L	3757359

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	1M Change in Qty
Bond - Indian Railway Finance Corporation Ltd.	Financial institution	1732.3	0.00%	-0.46%	0% (Nov 2025)	0% (Nov 2025)	-17500
Bond - Bank Of India	Public sector bank	1979.8	0.00%	-0.53%	0% (Nov 2025)	0% (Nov 2025)	-4000
Bond - Canara Bank	Public sector bank	2499.2	0.00%	-0.67%	0% (Nov 2025)	0% (Nov 2025)	-5000
Bond - Kotak Securities Ltd.	Stockbroking & allied	1990.5	0.00%	-0.53%	0% (Nov 2025)	0% (Nov 2025)	-4000
Bond - Nuvoco Vistas Corporation Ltd.	Cement & cement products	1244	0.00%	-0.33%	0% (Nov 2025)	0% (Nov 2025)	-2500

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
HDFC Bank Ltd.	5.06%	5.03%	5.10%	5.42%	5.37%	5.37%	5.42%	5.76%	5.95%	4.94%	5.17%	5.19%	5.52%
Reliance Industries Ltd.	5.90%	5.58%	5.66%	5.58%	6.01%	5.87%	5.91%	5.50%	4.46%	4.59%	4.42%	4.00%	3.44%
Bharti Airtel Ltd.	2.69%	2.53%	2.40%	2.43%	2.55%	2.42%	2.53%	3.32%	3.28%	3.32%	3.25%	3.33%	3.29%
GAIL (India) Ltd.	2.20%	2.18%	2.19%	2.24%	2.51%	2.99%	3.10%	3.08%	2.73%	2.78%	3.01%	3.14%	3.20%
Tata Steel Ltd.	2.69%	2.56%	2.32%	2.38%	2.40%	2.54%	2.25%	2.15%	2.00%	1.92%	1.98%	2.02%	2.11%
Axis Bank Ltd.	1.93%	1.83%	1.72%	1.74%	1.95%	1.99%	2.02%	2.12%	2.57%	2.44%	2.00%	2.03%	1.93%
Larsen & Toubro Ltd.	2.03%	1.90%	1.91%	1.93%	1.95%	2.01%	1.38%	1.53%	1.83%	2.15%	2.19%	2.25%	2.23%
Mahindra & Mahindra Ltd.	1.97%	2.00%	1.80%	1.80%	1.78%	1.72%	1.84%	1.87%	1.90%	2.14%	2.16%	2.13%	1.98%
Tech Mahindra Ltd.	1.54%	1.56%	1.69%	1.67%	1.92%	1.85%	1.81%	1.75%	1.92%	2.11%	2.16%	2.17%	2.07%
Torrent Power Ltd.	1.39%	1.33%	1.37%	1.47%	1.64%	1.58%	1.80%	1.79%	1.59%	1.80%	1.83%	1.86%	2.28%
ITC Limited	2.15%	2.12%	2.19%	2.21%	2.23%	2.30%	1.69%	1.67%	1.68%	0.79%	0.85%	0.84%	0.88%
HCL Technologies Limited	1.72%	1.60%	1.71%	1.73%	2.04%	1.99%	1.94%	2.02%	2.09%	2.24%	0.82%	0.79%	0.75%
Cesc Ltd.	1.58%	1.47%	1.41%	1.58%	1.59%	1.55%	1.55%	1.54%	1.37%	1.46%	1.90%	1.78%	1.97%
Tata Motors Ltd.	1.12%	1.92%	1.93%	1.92%	1.98%	1.88%	1.72%	1.85%	0.99%	1.11%	1.14%	1.21%	1.07%
Indian Oil Corporation Ltd.	1.21%	1.13%	1.05%	1.13%	1.13%	1.23%	1.74%	1.65%	1.54%	1.70%	1.81%	1.84%	1.92%

No of Debt Holding 52 (Category Avg - 29.49) | Modified Duration 3.65 Years (Category Avg - 3.15)| Yield to Maturity 6.93% (Category Avg - 6.66%)

Portfolio Summary (as on 31st Oct,2025)

Security Type	% Weight	Category Average
GOI	6.75%	8.49%
CD	1.75%	0.28%
T-Bills	0.00%	0.96%
CP	0.00%	0.41%
NCD & Bonds	17.88%	10.62%
PTC	0.00%	0.29%

Category - Dynamic Asset Allocation or Balanced Advantage

Security Type	% Weight	Category Average
Government Backed	6.75%	9.46%
Low Risk	18.40%	10.68%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	1.23%	0.20%

Category - Dynamic Asset Allocation or Balanced Advantage

Debt holding in Portfolio (as on 31st Oct,2025)

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - Govt of India	GOI	Other			4928.92	1.28%	5.00 Cr
Bond - Cholamandalam Investment & Finance Co. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	U	NA	4758.24	1.23%	40.00 k
Bond - Cholamandalam Investment & Finance Co. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	LAA+	ICRA	4076.19	1.06%	39.50 k
Bond - Govt of India	GOI	Other			3972.58	1.03%	4.00 Cr
Bond - Bajaj Finance Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	3836.47	0.99%	37.50 k
Bond - Govt of India	GOI	Other			3664.99	0.95%	3.50 Cr
Bond - Govt of India	GOI	Other			3369.82	0.87%	3.25 Cr
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	3109.29	0.80%	30.00 k
Bond - LIC Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	3057.82	0.79%	30.00 k
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	2804.91	0.73%	27.50 k
Bond - Govt of India	GOI	Other			2565.93	0.66%	2.50 Cr
Bond - Jamnagar Utilities & Power Pvt. Ltd.	NCD & Bonds	Power generation	AAA	CRISIL	2511.08	0.65%	25.00 k
Bond - Bank Of Baroda	CD	Public sector bank	F1+	FITCH	2473.49	0.64%	5.00 k
Bond - Bank Of Baroda	CD	Public sector bank	F1+	FITCH	2390.14	0.62%	5.00 k
Bond - Godrej Properties Ltd.	NCD & Bonds	Residential, commercial projects	LAA+	ICRA	2279.06	0.59%	22.50 k
Bond - Muthoot Finance Pvt. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA+	CRISIL	2254.60	0.58%	22.50 k
Bond - ICICI Prudential Life Insurance Co Ltd.	NCD & Bonds	Life insurance	AAA	CRISIL	2191.71	0.57%	21.50 k
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	2086.97	0.54%	20.00 k
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	2084.88	0.54%	200.00
Bond - State Bank Of India	NCD & Bonds	Public sector bank	AA+	CRISIL	2080.01	0.54%	200.00
Bond - Bajaj Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	2070.16	0.54%	20.00 k
Bond - Tata Capital Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	2034.61	0.53%	20.00 k
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	LAAA	ICRA	1995.63	0.52%	20.00 k
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	LAAA	ICRA	1994.17	0.52%	20.00 k
Bond - Govt of India	GOI	Other			1960.84	0.51%	2.00 Cr
Bond - Mindspace Business Parks REIT	NCD & Bonds	Real estate investment trusts (reits)	AAA	CRISIL	1927.03	0.50%	19.00 k
Bond - HDFC Bank Ltd.	CD	Private sector bank	P1+	CRISIL	1907.22	0.49%	4.00 k
Bond - Tata Capital Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	1824.57	0.47%	1.75 k
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	AAA	CRISIL	1784.54	0.46%	17.50 k
Bond - Govt of India	GOI	Other			1751.38	0.45%	1.75 Cr
Bond - Mahindra Rural Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	1535.29	0.40%	15.00 k
Bond - Summit Digitel Infrastructure Pvt Ltd.	NCD & Bonds	Telecom - infrastructure	AAA	CRISIL	1524.70	0.39%	15.00 k
Bond - Muthoot Finance Pvt. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA+	CRISIL	1520.98	0.39%	15.00 k
Bond - Tata Capital Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	1518.59	0.39%	15.00 k
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	1503.71	0.39%	15.00 k
Bond - Govt of India	GOI	Other			1502.43	0.39%	1.50 Cr
Bond - HDFC Life Insurance Company Ltd.	NCD & Bonds	Life insurance	LAAA	ICRA	1481.33	0.38%	14.60 k
Bond - Govt of India	GOI	Other			1367.21	0.35%	1.35 Cr
Bond - Torrent Power Ltd.	NCD & Bonds	Integrated power utilities	AA+	CRISIL	1044.59	0.27%	10.00 k
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	LAAA	ICRA	1028.96	0.27%	10.00 k
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	LAAA	ICRA	1014.12	0.26%	10.00 k
Bond - LIC Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	1001.65	0.26%	10.00 k
Bond - Govt of India	GOI	Other			997.49	0.26%	1.00 Cr
Bond - Muthoot Finance Pvt. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA+	CRISIL	769.66	0.20%	7.50 k
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	AAA	CRISIL	763.25	0.20%	7.50 k
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	762.30	0.20%	7.50 k
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	751.04	0.19%	7.50 k
Bond - Torrent Power Ltd.	NCD & Bonds	Integrated power utilities	AA+	CRISIL	524.80	0.14%	5.00 k
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	AAA	CRISIL	510.59	0.13%	5.00 k
Bond - Tata Communications Ltd.	NCD & Bonds	Telecom - cellular & fixed line services	CARE AAA	CARE	503.67	0.13%	5.00 k
Bond - Torrent Power Ltd.	NCD & Bonds	Integrated power utilities	AA+	CRISIL	262.40	0.07%	2.50 k
Bond - Punjab National Bank	NCD & Bonds	Public sector bank	AAA	CRISIL	252.06	0.07%	2.50 k

Name	Type of Instrument	Weight (%)
TREPS	TREPS	1.81%
Brookfield India Real Estate Trust	InvITs	1.25%
Embassy Office Parks Reit	InvITs	0.93%
National Highways Infra Trust	InvITs	0.75%
Net Receivables	Net Receivables	0.31%
Margin	Margin	0.02%