SBI 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

Portfolio Turnover Ratio : 273.00%. Category average turnover ratio is 344.70%. 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 : 67.02% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 67.02%

No of Stocks : 92 (Category Avg - 76.09) | Large Cap Investments : 47.28%| Mid Cap Investments : 5.58% | Small Cap Investments : 0.36% | Other : 13.8%

Portfolio Summary (as on 30th Nov,2025)

Particulars	This Scheme	Category
No. of Stocks	92	71.97
Top 5 Stock Weight	17.78%	21.66%
Top 10 Stock Weight	27.53%	33%
Top 3 Sector Weight	23.86%	24.8%

Category - Dynamic Asset Allocation or Balanced Advantage

Particulars	This Scheme	Category
Average mcap (Cr)	108234.73	96564.59
Holdings in large cap stocks	47.28%	38.72%
Holdings in mid cap stocks	5.58%	7.99%
Holdings in small cap stocks	0.36%	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
Reliance Industries Ltd.	Refineries & marketing	24021.2	6.11%	0.21%	6.11% (Nov 2025)	4.42% (Dec 2024)	1.53 Cr
HDFC Bank Ltd.	Private sector bank	19961.8	5.07%	0.01%	5.95% (Feb 2025)	4.94% (Jan 2025)	1.98 Cr
Tata Steel Ltd.	Iron & steel products	9558.6	2.43%	-0.26%	2.69% (Oct 2025)	1.92% (Jan 2025)	5.69 Cr
Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	8216.1	2.09%	0.12%	2.16% (Dec 2024)	1.72% (May 2025)	21.87 L
GAIL (India) Ltd.	Gas transmission/marketing	8171.6	2.08%	-0.12%	3.1% (Apr 2025)	2.08% (Nov 2025)	4.64 Cr
ITC Limited	Diversified fmcg	8002.6	2.03%	-0.12%	2.3% (May 2025)	0.79% (Jan 2025)	1.98 Cr
Larsen & Toubro Ltd.	Civil construction	7904.2	2.01%	-0.02%	2.19% (Dec 2024)	1.38% (Apr 2025)	19.42 L
Axis Bank Ltd.	Private sector bank	7737.9	1.97%	0.04%	2.57% (Feb 2025)	1.72% (Aug 2025)	60.47 L
Bank Of Baroda	Public sector bank	7722.3	1.96%	0.04%	1.96% (Nov 2025)	0.13% (Feb 2025)	2.66 Cr
HCL Technologies Limited	Computers - software & consulting	7017.7	1.78%	0.06%	2.24% (Jan 2025)	0.82% (Dec 2024)	43.21 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	8.12	24021.2	6.11%	0.21%	6.11% (Nov 2025)	4.42% (Dec 2024)	1.53 Cr	0.00	Large Cap	47.28
HDFC Bank Ltd.	Private sector bank	10.53	19961.8	5.07%	0.01%	5.95% (Feb 2025)	4.94% (Jan 2025)	1.98 Cr	0.00	Other	13.8
Tata Steel Ltd.	Iron & steel products	2.8	9558.6	2.43%	-0.26%	2.69% (Oct 2025)	1.92% (Jan 2025)	5.69 Cr	0.00	Other	13.8
Mahindra & Mahindra Ltd.	Passenger cars & utility vehicles	4.21	8216.1	2.09%	0.12%	2.16% (Dec 2024)	1.72% (May 2025)	21.87 L	0.00	Large Cap	47.28
GAIL (India) Ltd.	Gas transmission/marketing	2.08	8171.6	2.08%	-0.12%	3.1% (Apr 2025)	2.08% (Nov 2025)	4.64 Cr	0.00	Large Cap	47.28
ITC Limited	Diversified fmcg	2.59	8002.6	2.03%	-0.12%	2.3% (May 2025)	0.79% (Jan 2025)	1.98 Cr	0.00	Large Cap	47.28
Larsen & Toubro Ltd.	Civil construction	2.01	7904.2	2.01%	-0.02%	2.19% (Dec 2024)	1.38% (Apr 2025)	19.42 L	0.00	Large Cap	47.28
Axis Bank Ltd.	Private sector bank	10.53	7737.9	1.97%	0.04%	2.57% (Feb 2025)	1.72% (Aug 2025)	60.47 L	0.00	Large Cap	47.28
Bank Of Baroda	Public sector bank	5.21	7722.3	1.96%	0.04%	1.96% (Nov 2025)	0.13% (Feb 2025)	2.66 Cr	0.00	Large Cap	47.28
HCL Technologies Limited	Computers - software & consulting	4.48	7017.7	1.78%	0.06%	2.24% (Jan 2025)	0.82% (Dec 2024)	43.21 L	0.00	Large Cap	47.28
- Punjab National Bank	Public sector bank	5.21	6943.4	1.77%	0.00%	1.77% (Oct 2025)	0.75% (Dec 2024)	5.58 Cr	0.00	Large Cap	47.28
Bharti Airtel Ltd.	Telecom - cellular & fixed line services	1.68	6619.7	1.68%	-1.01%	3.32% (Jan 2025)	1.68% (Nov 2025)	31.50 L	-0.19 Cr	Large Cap	47.28
Tech Mahindra Ltd.	Computers - software & consulting	4.48	6331.2	1.61%	0.07%	2.16% (Dec 2024)	1.54% (Oct 2025)	41.73 L	0.00	Large Cap	47.28
State Bank Of India	Public sector bank	5.21	5814	1.48%	0.04%	1.63% (Dec 2024)	1.29% (Jul 2025)	59.39 L	0.00	Large Cap	47.28
Cesc Ltd.	Integrated power utilities	3.23	5796.3	1.47%	-0.11%	1.9% (Dec 2024)	1.37% (Feb 2025)	3.40 Cr	0.00	Other	13.8
Asian Paints (india) Ltd.	Paints	1.46	5748.8	1.46%	-0.16%	2.23% (Jul 2025)	0% (Dec 2024)	20.00 L	-5.00 L	Large Cap	47.28
ICICI Bank Ltd.	Private sector bank	10.53	5708.3	1.45%	0.02%	1.48% (Sep 2025)	0.77% (Jun 2025)	41.10 L	0.00	Large Cap	47.28
Torrent Power Ltd.	Integrated power utilities	3.23	5377.6	1.37%	-0.02%	1.83% (Dec 2024)	1.33% (Sep 2025)	40.91 L	0.00	Mid Cap	5.58
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	3.6	4995.3	1.27%	0.08%	1.73% (Dec 2024)	1.16% (Jun 2025)	27.27 L	0.00	Large Cap	47.28
Indian Oil Corporation Ltd.	Refineries & marketing	8.12	4573.4	1.16%	-0.05%	1.81% (Dec 2024)	1.05% (Aug 2025)	2.83 Cr	0.00	Large Cap	47.28
Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	4.21	4568.9	1.16%	-0.04%	1.56% (Aug 2025)	0.5% (Mar 2025)	2.87 L	0.00	Large Cap	47.28
Kotak Mahindra Bank Ltd.	Private sector bank	10.53	4538.6	1.15%	-0.01%	1.68% (Feb 2025)	0.99% (Jul 2025)	21.36 L	0.00	Large Cap	47.28
Mahindra & Mahindra Financial Services Ltd.	Non banking financial company (nbfc)	1.64	4088	1.04%	0.14%	1.04% (Nov 2025)	0% (Dec 2024)	1.10 Cr	0.00	Mid Cap	5.58
Biocon Ltd.	Pharmaceuticals	3.6	3992	1.01%	0.04%	1.1% (Dec 2024)	0.91% (Sep 2025)	1.00 Cr	0.00	Mid Cap	5.58
Tata Motors Passenger Vehicles Ltd.	Passenger cars & utility vehicles	4.21	3770.4	0.96%	-0.16%	1.98% (Jun 2025)	0.96% (Nov 2025)	1.06 Cr	0.00	Large Cap	47.28
TML Commercial Vehicles Ltd.	Commercial vehicles	1.37	3719.7	0.95%	0.24%	0.95% (Nov 2025)	0% (Dec 2024)	1.06 Cr	0.00	Other	13.8
Indus Towers Ltd.	Telecom - infrastructure	0.92	3636.7	0.92%	0.07%	1.05% (May 2025)	0.18% (Feb 2025)	90.68 L	0.00	Large Cap	47.28
ICICI Prudential Life Insurance Co Ltd.	Life insurance	1.59	3489.1	0.89%	0.03%	1.01% (Jun 2025)	0.71% (Mar 2025)	56.30 L	0.00	Large Cap	47.28
DLF Ltd.	Residential, commercial projects	0.84	3315	0.84%	-0.06%	1.47% (Dec 2024)	0.84% (Nov 2025)	45.81 L	0.00	Large Cap	47.28
- United Spirits Ltd.	Breweries & distilleries	0.84	3288.6	0.84%	0.00%	1.1% (Dec 2024)	0.8% (Aug 2025)	22.66 L	0.00	Large Cap	47.28
- Cipla Ltd.	Pharmaceuticals	3.6	3272.3	0.83%	0.00%	0.98% (Dec 2024)	0.83% (Oct 2025)	21.37 L	0.00	Large Cap	47.28
Dabur India Ltd.	Personal care	0.78	3034	0.77%	0.03%	0.85% (Feb 2025)	0.09% (Dec 2024)	58.64 L	0.00	Large Cap	47.28
Bandhan Bank Ltd.	Private sector bank	10.53	2971.8	0.76%	-0.04%	0.8% (Oct 2025)	0.03% (Jan 2025)	1.98 Cr	0.00	Large Cap	47.28
Bharat Petroleum Corporation Ltd.	Refineries & marketing	8.12	2730.3	0.69%	-0.01%	0.7% (Oct 2025)	0.53% (Feb 2025)	76.03 L	0.00	Large Cap	47.28
Petronet LNG Ltd.	Lpg/cng/png/lng supplier	0.66	2596	0.66%	-0.04%	1.05% (Dec 2024)	0.66% (Nov 2025)	95.49 L	0.00	Large Cap	47.28
Oil & Natural Gas Corporation Ltd.	Oil exploration & production	0.63	2493.3	0.63%	-0.05%	0.83% (Jan 2025)	0.63% (Nov 2025)	1.02 Cr	0.00	Large Cap	47.28
Bajaj Finserv Ltd	Holding company	0.58	2268.4	0.58%	-0.01%	0.61% (Jun 2025)	0.24% (Dec 2024)	10.83 L	0.00	Other	13.8
Vishal Mega Mart Ltd.	Diversified retail	0.57	2242.3	0.57%	-0.05%	0.67% (Aug 2025)	0% (Dec 2024)	1.65 Cr	0.00	Other	13.8
Hindustan Unilever Ltd.	Diversified fmcg	2.59	2206.6	0.56%	-0.01%	0.81% (Jan 2025)	0.56% (Jun 2025)	8.95 L	0.00	Large Cap	47.28
Cummins India Ltd.	Compressors, pumps & diesel engines	0.55	2170.7	0.55%	0.01%	0.64% (Dec 2024)	0.46% (Jun 2025)	4.85 L	0.00	Mid Cap	5.58
Life Insurance Corporation Of India	Life insurance	1.59	2162.9	0.55%	-0.01%	0.65% (May 2025)	0.55% (Feb 2025)	24.18 L	0.00	Other	13.8
Tata Consultancy Services Ltd.	Computers - software & consulting	4.48	2149.4	0.55%	0.01%	1.05% (Dec 2024)	0.46% (Jul 2025)	6.85 L	0.00	Large Cap	47.28
Sona BLW Precision Forgings Ltd.	Auto components & equipments	0.52	1985.6	0.50%	0.03%	0.7% (Dec 2024)	0.22% (May 2025)	38.80 L	0.00	Other	13.8
- Cholamandalam Investment & Finance Co. Ltd.	Non banking financial company (nbfc)	1.64	1775.3	0.45%	0.00%	0.45% (Oct 2025)	0% (Dec 2024)	10.23 L	0.00	Other	13.8
Delhivery Ltd.	Logistics solution provider	0.93	1711	0.43%	-0.05%	0.51% (Aug 2025)	0.3% (Mar 2025)	40.15 L	0.00	Other	13.8
Power Grid Corporation of India Ltd.	Power - transmission	0.43	1699.9	0.43%	-0.04%	0.84% (Dec 2024)	0.43% (Nov 2025)	62.97 L	0.00	Large Cap	47.28
Ashok Leyland Ltd.	Commercial vehicles	1.37	1636.5	0.42%	-0.33%	1.25% (Jun 2025)	0.42% (Nov 2025)	1.03 Cr	-1.00 Cr	Mid Cap	5.58
Titan Company Ltd.	Gems, jewellery and watches	0.41	1609.1	0.41%	0.01%	0.41% (Nov 2025)	0.19% (Jul 2025)	4.12 L	0.00	Large Cap	47.28
Tata Power Co. Ltd.	Integrated power utilities	3.23	1541.4	0.39%	-0.02%	0.68% (Dec 2024)	0.39% (Nov 2025)	39.51 L	0.00	Mid Cap	5.58
- Wipro Ltd.	Computers - software & consulting	4.48	1383.1	0.35%	0.00%	0.68% (Jan 2025)	0.35% (Sep 2025)	55.43 L	0.00	Large Cap	47.28
Carborundum Universal Ltd.	Abrasives & bearings	0.34	1353	0.34%	-0.03%	0.61% (Dec 2024)	0.34% (Nov 2025)	15.79 L	0.00	Small Cap	0.36
Gateway Rail Freight Ltd.	Logistics solution provider	0.93	1236.2	0.31%	-0.04%	0.51% (Dec 2024)	0.31% (Nov 2025)	2.10 Cr	0.00	Other	13.8
ICICI Lombard General Insurance Co Ltd.	General insurance	0.31	1208.6	0.31%	-0.01%	0.41% (Jan 2025)	0.31% (Sep 2025)	6.13 L	0.00	Large Cap	47.28
Steel Authority Of India Ltd.	Iron & steel products	2.8	1056.3	0.27%	0.14%	0.27% (Nov 2025)	0% (Dec 2024)	78.30 L	40.72 L	Mid Cap	5.58
Grasim Industries Limited	Cement & cement products	0.42	1034.2	0.26%	-0.02%	0.34% (Mar 2025)	0.02% (Dec 2024)	3.78 L	0.00	Large Cap	47.28
- Alkem Laboratories Ltd.	Pharmaceuticals	3.6	1021	0.26%	0.00%	0.26% (Oct 2025)	0% (Dec 2024)	1.80 L	0.00	Mid Cap	5.58
Hindalco Industries Ltd.	Aluminium	0.23	914.5	0.23%	-0.02%	0.38% (Mar 2025)	0.17% (May 2025)	11.31 L	0.00	Large Cap	47.28
Lupin Ltd.	Pharmaceuticals	3.6	854.9	0.22%	0.01%	0.47% (Dec 2024)	0.21% (Oct 2025)	4.11 L	0.00	Large Cap	47.28
Container Corporation Of India Ltd.	Logistics solution provider	0.93	728.7	0.19%	-0.01%	0.28% (Dec 2024)	0.19% (Nov 2025)	14.25 L	0.00	Large Cap	47.28
Hindustan Petroleum Corporation Ltd.	Refineries & marketing	8.12	647.6	0.16%	-0.01%	0.2% (Dec 2024)	0.1% (Aug 2025)	14.15 L	0.00	Large Cap	47.28
- Infosys Ltd.	Computers - software & consulting	4.48	643	0.16%	0.00%	0.33% (Dec 2024)	0.16% (Sep 2025)	4.12 L	-0.10 L	Large Cap	47.28
Associated Cement Companies Ltd.	Cement & cement products	0.42	601.5	0.15%	-0.01%	0.2% (Jan 2025)	0.15% (Nov 2025)	3.25 L	0.00	Mid Cap	5.58
Shriram Finance Ltd.	Non banking financial company (nbfc)	1.64	600.7	0.15%	0.01%	0.15% (Nov 2025)	0% (Dec 2024)	7.05 L	0.00	Other	13.8
- SBI Life Insurance Co Ltd.	Life insurance	1.59	583.2	0.15%	0.00%	0.2% (Jan 2025)	0.14% (Sep 2025)	2.97 L	0.00	Large Cap	47.28
- Nestle India Ltd.	Packaged foods	0.14	539.1	0.14%	0.00%	0.14% (Nov 2025)	0% (Dec 2024)	4.28 L	0.00	Other	13.8
Indusind Bank Ltd.	Private sector bank	10.53	497	0.13%	0.01%	0.31% (Apr 2025)	0.09% (Mar 2025)	5.79 L	0.00	Large Cap	47.28
Go Fashion (India) Ltd.	Speciality retail	0.12	480.1	0.12%	-0.03%	0.26% (Dec 2024)	0.12% (Nov 2025)	9.26 L	0.00	Other	13.8
Vedanta Ltd.	Diversified metals	0.07	256.5	0.07%	0.01%	0.07% (Nov 2025)	0% (Dec 2024)	4.88 L	0.00	Large Cap	47.28
J S W Steel Ltd.	Iron & steel products	2.8	211.5	0.05%	-0.01%	0.12% (Mar 2025)	0.05% (Jun 2025)	1.82 L	0.00	Large Cap	47.28
- Jindal Steel Ltd.	Iron & steel products	2.8	180.8	0.05%	0.00%	0.1% (Dec 2024)	0.04% (Aug 2025)	1.73 L	0.00	Mid Cap	5.58
Eternal Ltd.	E-retail/ e-commerce	0.04	176.1	0.04%	-0.01%	0.05% (Oct 2025)	0% (Dec 2024)	5.87 L	0.00	Other	13.8
Tube Investments Of India Ltd.	Auto components & equipments	0.52	96.1	0.02%	-0.01%	0.03% (Oct 2025)	0% (Dec 2024)	34.50 k	0.00	Small Cap	0.36
- Crompton Greaves Consumer Electricals Ltd.	Household appliances	0.02	80.3	0.02%	0.00%	0.04% (Dec 2024)	0.02% (Sep 2025)	3.03 L	0.00	Mid Cap	5.58
- Rural Electrification Corporation Limited	Financial institution	0.02	75	0.02%	0.00%	0.08% (Dec 2024)	0.02% (Nov 2025)	2.08 L	0.00	Mid Cap	5.58
- Persistent Systems Ltd.	Computers - software & consulting	4.48	64.2	0.02%	0.00%	0.02% (Oct 2025)	0% (Dec 2024)	10.10 k	0.00	Other	13.8
- Bharat Electronics Ltd.	Aerospace & defense	0.02	63.4	0.02%	0.00%	0.02% (Sep 2025)	0% (Dec 2024)	1.54 L	0.00	Mid Cap	5.58
- Ultratech Cement Ltd.	Cement & cement products	0.42	53.9	0.01%	0.00%	0.19% (Jan 2025)	0% (Dec 2024)	4.65 k	0.00	Large Cap	47.28
- Siemens Ltd.	Heavy electrical equipment	0.01	45.8	0.01%	0.00%	0.01% (Oct 2025)	0% (Dec 2024)	13.88 k	0.00	Large Cap	47.28
- One 97 Communications Ltd.	Financial technology (fintech)	0.01	45	0.01%	0.00%	0.01% (Nov 2025)	0% (Dec 2024)	34.08 k	0.00	Other	13.8
- Coforge Ltd.	Computers - software & consulting	4.48	36.5	0.01%	0.00%	0.01% (Nov 2025)	0% (Dec 2024)	19.13 k	0.00	Other	13.8
- Aurobindo Pharma Ltd.	Pharmaceuticals	3.6	35.1	0.01%	0.00%	0.01% (Oct 2025)	0.01% (Dec 2024)	28.60 k	0.00	Large Cap	47.28
- Tata Consumer Products Ltd.	Tea & coffee	0.01	29	0.01%	0.00%	0.04% (Apr 2025)	0% (Dec 2024)	24.75 k	0.00	Mid Cap	5.58
- Marico Ltd.	Personal care	0.78	22.4	0.01%	0.00%	0.03% (May 2025)	0% (Dec 2024)	31.20 k	0.00	Large Cap	47.28
- HDFC Asset Management Co. Ltd.	Asset management company	0	16.1	0.00%	0.00%	0.17% (May 2025)	0% (Aug 2025)	6.01 k	3.01 k	Large Cap	47.28
- PNB Housing Finance Ltd.	Housing finance company	0	13.5	0.00%	0.00%	0% (Sep 2025)	0% (Dec 2024)	14.95 k	0.00	Mid Cap	5.58
- NMDC LTD	Industrial minerals	0	12	0.00%	0.00%	0.04% (Feb 2025)	0% (Nov 2025)	1.62 L	0.00	Mid Cap	5.58
- Info Edge (India) Ltd.	Internet & catalogue retail	0	4	0.00%	0.00%	0% (Nov 2025)	0% (Dec 2024)	3.00 k	0.00	Other	13.8
- LIC Housing Finance Ltd.	Housing finance company	0	3.3	0.00%	0.00%	0.04% (Jan 2025)	0% (Dec 2024)	6.00 k	0.00	Mid Cap	5.58
- Bajaj Finance Ltd.	Non banking financial company (nbfc)	1.64	1.1	0.00%	0.00%	0.23% (Mar 2025)	0% (May 2025)	1.05 k	0.00	Other	13.8
- InterGlobe Aviation Ltd.	Airline	0	0.9	0.00%	0.00%	0.89% (Apr 2025)	0% (Sep 2025)	150.00	0.00	Large Cap	47.28
- Indian Hotels Company Limited	Hotels & resorts	0	0.7	0.00%	0.00%	0% (Oct 2025)	0% (Dec 2024)	1.00 k	0.00	Mid Cap	5.58
- Dr. Reddys Laboratories Ltd.	Pharmaceuticals	3.6	0.3	0.00%	0.00%	0% (Nov 2025)	0% (Oct 2025)	250.00	0.00	Other	13.8

- 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
# Bond - IDBI Bank Ltd.	Private sector bank	971.4	0.25%	0.25%	0% (Dec 2025)	0% (Dec 2025)	2.00 k	2000

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	Quantity	1M Change in Qty
No complete exits in the portfolio in the last month.

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.	6.11%	5.90%	5.58%	5.66%	5.58%	6.01%	5.87%	5.91%	5.50%	4.46%	4.59%	4.42%	4.00%
HDFC Bank Ltd.	5.07%	5.06%	5.03%	5.10%	5.42%	5.37%	5.37%	5.42%	5.76%	5.95%	4.94%	5.17%	5.19%
Bharti Airtel Ltd.	1.68%	2.69%	2.53%	2.40%	2.43%	2.55%	2.42%	2.53%	3.32%	3.28%	3.32%	3.25%	3.33%
GAIL (India) Ltd.	2.08%	2.20%	2.18%	2.19%	2.24%	2.51%	2.99%	3.10%	3.08%	2.73%	2.78%	3.01%	3.14%
Tata Steel Ltd.	2.43%	2.69%	2.56%	2.32%	2.38%	2.40%	2.54%	2.25%	2.15%	2.00%	1.92%	1.98%	2.02%
Axis Bank Ltd.	1.97%	1.93%	1.83%	1.72%	1.74%	1.95%	1.99%	2.02%	2.12%	2.57%	2.44%	2.00%	2.03%
Mahindra & Mahindra Ltd.	2.09%	1.97%	2.00%	1.80%	1.80%	1.78%	1.72%	1.84%	1.87%	1.90%	2.14%	2.16%	2.13%
Larsen & Toubro Ltd.	2.01%	2.03%	1.90%	1.91%	1.93%	1.95%	2.01%	1.38%	1.53%	1.83%	2.15%	2.19%	2.25%
Tech Mahindra Ltd.	1.61%	1.54%	1.56%	1.69%	1.67%	1.92%	1.85%	1.81%	1.75%	1.92%	2.11%	2.16%	2.17%
ITC Limited	2.03%	2.15%	2.12%	2.19%	2.21%	2.23%	2.30%	1.69%	1.67%	1.68%	0.79%	0.85%	0.84%
HCL Technologies Limited	1.78%	1.72%	1.60%	1.71%	1.73%	2.04%	1.99%	1.94%	2.02%	2.09%	2.24%	0.82%	0.79%
Tata Motors Passenger Vehicles Ltd.	0.96%	2.24%	-	-	-	-	-	-	-	-	-	-	-
Tata Motors Ltd.	-	-	1.92%	1.93%	1.92%	1.98%	1.88%	1.72%	1.85%	0.99%	1.11%	1.14%	1.21%
Torrent Power Ltd.	1.37%	1.39%	1.33%	1.37%	1.47%	1.64%	1.58%	1.80%	1.79%	1.59%	1.80%	1.83%	1.86%
Cesc Ltd.	1.47%	1.58%	1.47%	1.41%	1.58%	1.59%	1.55%	1.55%	1.54%	1.37%	1.46%	1.90%	1.78%

No of Debt Holding 55 (Category Avg - 29.94) | Modified Duration 3.81 Years (Category Avg - 3.14)| Yield to Maturity 6.87% (Category Avg - 6.62%)

Portfolio Summary (as on 30th Nov,2025)

Security Type	% Weight	Category Average
GOI	7.58%	8.79%
CD	1.98%	0.31%
T-Bills	0.00%	0.92%
NCD & Bonds	18.20%	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	7.58%	9.70%
Low Risk	18.97%	10.64%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	1.21%	0.20%

Category - Dynamic Asset Allocation or Balanced Advantage

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

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - Govt of India	GOI	Other			7735.10	1.97%	7.80 Cr
Bond - Govt of India	GOI	Other			4925.43	1.25%	5.00 Cr
Bond - Cholamandalam Investment & Finance Co. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	U	NA	4760.73	1.21%	40.00 k
Bond - Cholamandalam Investment & Finance Co. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	LAA+	ICRA	4076.60	1.04%	39.50 k
Bond - Bajaj Finance Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	3836.86	0.98%	37.50 k
Bond - Govt of India	GOI	Other			3653.99	0.93%	3.50 Cr
Bond - Govt of India	GOI	Other			3374.44	0.86%	3.25 Cr
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	3107.01	0.79%	30.00 k
Bond - LIC Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	3055.64	0.78%	30.00 k
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	2805.93	0.71%	27.50 k
Bond - Govt of India	GOI	Other			2566.78	0.65%	2.50 Cr
Bond - Jamnagar Utilities & Power Pvt. Ltd.	NCD & Bonds	Power generation	AAA	CRISIL	2518.56	0.64%	25.00 k
Bond - Bank Of Baroda	CD	Public sector bank	F1+	FITCH	2485.53	0.63%	5.00 k
Bond - Bank Of Baroda	CD	Public sector bank	F1+	FITCH	2402.43	0.61%	5.00 k
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	2297.38	0.58%	22.50 k
Bond - Godrej Properties Ltd.	NCD & Bonds	Residential, commercial projects	LAA+	ICRA	2281.44	0.58%	22.50 k
Bond - Muthoot Finance Pvt. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA+	CRISIL	2252.95	0.57%	22.50 k
Bond - ICICI Prudential Life Insurance Co Ltd.	NCD & Bonds	Life insurance	AAA	CRISIL	2193.99	0.56%	21.50 k
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	2089.95	0.53%	200.00
Bond - State Bank Of India	NCD & Bonds	Public sector bank	AA+	CRISIL	2088.30	0.53%	200.00
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	2085.76	0.53%	20.00 k
Bond - Bajaj Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	2070.16	0.53%	20.00 k
Bond - Tata Capital Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	2036.52	0.52%	20.00 k
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	2005.15	0.51%	20.00 k
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	LAAA	ICRA	1997.47	0.51%	20.00 k
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	LAAA	ICRA	1996.71	0.51%	20.00 k
Bond - Govt of India	GOI	Other			1954.19	0.50%	2.00 Cr
Bond - HDFC Bank Ltd.	CD	Private sector bank	P1+	CRISIL	1917.27	0.49%	4.00 k
Bond - Mindspace Business Parks REIT	NCD & Bonds	Real estate investment trusts (reits)	AAA	CRISIL	1927.21	0.49%	19.00 k
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	AAA	CRISIL	1785.87	0.45%	17.50 k
Bond - Govt of India	GOI	Other			1747.03	0.44%	1.75 Cr
Bond - Mahindra Rural Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	1542.56	0.39%	15.00 k
Bond - Summit Digitel Infrastructure Pvt Ltd.	NCD & Bonds	Telecom - infrastructure	AAA	CRISIL	1531.68	0.39%	15.00 k
Bond - Muthoot Finance Pvt. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA+	CRISIL	1521.28	0.39%	15.00 k
Bond - Tata Capital Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	1514.53	0.39%	15.00 k
Bond - HDFC Life Insurance Company Ltd.	NCD & Bonds	Life insurance	LAAA	ICRA	1482.43	0.38%	14.60 k
Bond - Govt of India	GOI	Other			1507.14	0.38%	1.50 Cr
Bond - Govt of India	GOI	Other			1364.38	0.35%	1.35 Cr
Bond - Torrent Power Ltd.	NCD & Bonds	Integrated power utilities	AA+	CRISIL	1045.82	0.27%	10.00 k
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	LAAA	ICRA	1029.50	0.26%	10.00 k
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	1020.75	0.26%	10.00 k
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	LAAA	ICRA	1013.83	0.26%	10.00 k
Bond - LIC Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	1003.85	0.26%	10.00 k
Bond - Govt of India	GOI	Other			1000.28	0.25%	1.00 Cr
Bond - IDBI Bank Ltd.	CD	Private sector bank	P1+	CRISIL	971.44	0.25%	2.00 k
Bond - Muthoot Finance Pvt. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA+	CRISIL	770.16	0.20%	7.50 k
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	AAA	CRISIL	764.79	0.19%	7.50 k
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	762.56	0.19%	7.50 k
Bond - Bharti Telecom Ltd.	NCD & Bonds	Telecom - equipment & accessories	AAA	CRISIL	750.11	0.19%	7.50 k
Bond - Torrent Power Ltd.	NCD & Bonds	Integrated power utilities	AA+	CRISIL	525.83	0.13%	5.00 k
Bond - Small Industries Development Bank Of India	NCD & Bonds	Financial institution	AAA	CRISIL	516.43	0.13%	5.05 k
Bond - Tata Communications Ltd.	NCD & Bonds	Telecom - cellular & fixed line services	CARE AAA	CARE	503.11	0.13%	5.00 k
Bond - Tata Capital Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	417.13	0.11%	400.00
Bond - Torrent Power Ltd.	NCD & Bonds	Integrated power utilities	AA+	CRISIL	262.92	0.07%	2.50 k
Bond - Punjab National Bank	NCD & Bonds	Public sector bank	AAA	CRISIL	253.35	0.06%	2.50 k

Name	Type of Instrument	Weight (%)
TREPS	TREPS	2.10%
Brookfield India Real Estate Trust	InvITs	1.19%
Embassy Office Parks Reit	InvITs	0.90%
Net Receivables	Net Receivables	0.62%
National Highways Infra Trust	InvITs	0.39%
Margin	Margin	0.02%

Forum

Array