Union Aggressive Hybrid 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.

Portfolio Turnover Ratio : 45.00%. Category average turnover ratio is 74.50%. 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 : 71.45% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 71.45%

No of Stocks : 64 (Category Avg - 59.07) | Large Cap Investments : 30.88%| Mid Cap Investments : 11.75% | Small Cap Investments : 6.54% | Other : 22.28%

Portfolio Summary (as on 31st Oct,2025)

Particulars	This Scheme	Category
No. of Stocks	64	58.86
Top 5 Stock Weight	19.38%	21.84%
Top 10 Stock Weight	29.34%	34.26%
Top 3 Sector Weight	24.3%	25%

Category - Aggressive Hybrid Fund

Particulars	This Scheme	Category
Average mcap (Cr)	94880.24	90844.84
Holdings in large cap stocks	30.88%	35.43%
Holdings in mid cap stocks	11.75%	8.51%
Holdings in small cap stocks	6.54%	7.65%

Category - Aggressive Hybrid Fund

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
- HDFC Bank Ltd.	Private sector bank	459.9	6.77%	0.00%	7.1% (Jul 2025)	5.98% (Jan 2025)	4.66 L	0.00
ICICI Bank Ltd.	Private sector bank	251.6	3.70%	-0.47%	5.05% (Apr 2025)	3.7% (Oct 2025)	1.87 L	-0.16 L
Reliance Industries Ltd.	Refineries & marketing	208.1	3.06%	0.14%	4.18% (Jun 2025)	2.92% (Nov 2024)	1.40 L	0.00
Bharti Airtel Ltd.	Telecom - cellular & fixed line services	201.1	2.96%	0.15%	2.96% (Oct 2025)	2.44% (Dec 2024)	97.90 k	0.00
Larsen & Toubro Ltd.	Civil construction	196.3	2.89%	0.17%	2.89% (Oct 2025)	2.56% (Apr 2025)	48.70 k	0.00
Infosys Ltd.	Computers - software & consulting	156.4	2.30%	-0.02%	3.24% (Jan 2025)	2.3% (Oct 2025)	1.06 L	0.00
Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	137.6	2.02%	-0.06%	2.08% (Sep 2025)	1.11% (Dec 2024)	8.50 k	0.00
TVS Motor Company Ltd.	2/3 wheelers	135.4	1.99%	-0.04%	2.03% (Sep 2025)	0.89% (Nov 2024)	38.60 k	0.00
State Bank Of India	Public sector bank	130.2	1.92%	0.07%	2.04% (Jan 2025)	1.66% (Feb 2025)	1.39 L	0.00
Karur Vysya Bank Ltd	Private sector bank	117.4	1.73%	0.17%	1.73% (Oct 2025)	0.72% (Dec 2024)	4.83 L	0.00

- 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

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
- HDFC Bank Ltd.	Private sector bank	15.76	459.9	6.77%	0.00%	7.1% (Jul 2025)	5.98% (Jan 2025)	4.66 L	0.00	Other	22.28
ICICI Bank Ltd.	Private sector bank	15.76	251.6	3.70%	-0.47%	5.05% (Apr 2025)	3.7% (Oct 2025)	1.87 L	-0.16 L	Large Cap	30.88
Reliance Industries Ltd.	Refineries & marketing	3.59	208.1	3.06%	0.14%	4.18% (Jun 2025)	2.92% (Nov 2024)	1.40 L	0.00	Large Cap	30.88
Bharti Airtel Ltd.	Telecom - cellular & fixed line services	2.96	201.1	2.96%	0.15%	2.96% (Oct 2025)	2.44% (Dec 2024)	97.90 k	0.00	Large Cap	30.88
Larsen & Toubro Ltd.	Civil construction	2.89	196.3	2.89%	0.17%	2.89% (Oct 2025)	2.56% (Apr 2025)	48.70 k	0.00	Large Cap	30.88
Infosys Ltd.	Computers - software & consulting	4.95	156.4	2.30%	-0.02%	3.24% (Jan 2025)	2.3% (Oct 2025)	1.06 L	0.00	Large Cap	30.88
Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	2.02	137.6	2.02%	-0.06%	2.08% (Sep 2025)	1.11% (Dec 2024)	8.50 k	0.00	Large Cap	30.88
TVS Motor Company Ltd.	2/3 wheelers	2.01	135.4	1.99%	-0.04%	2.03% (Sep 2025)	0.89% (Nov 2024)	38.60 k	0.00	Mid Cap	11.75
State Bank Of India	Public sector bank	1.92	130.2	1.92%	0.07%	2.04% (Jan 2025)	1.66% (Feb 2025)	1.39 L	0.00	Large Cap	30.88
Karur Vysya Bank Ltd	Private sector bank	15.76	117.4	1.73%	0.17%	1.73% (Oct 2025)	0.72% (Dec 2024)	4.83 L	0.00	Small Cap	6.54
ITC Limited	Diversified fmcg	3.11	110	1.62%	0.01%	1.79% (Feb 2025)	1.55% (Jan 2025)	2.62 L	0.00	Large Cap	30.88
Jio Financial Services Ltd.	Non banking financial company (nbfc)	2.69	101.2	1.49%	0.01%	1.64% (Jul 2025)	0% (Nov 2024)	3.30 L	0.00	Other	22.28
Hindustan Unilever Ltd.	Diversified fmcg	3.11	101.1	1.49%	-0.09%	1.68% (Aug 2025)	0% (Nov 2024)	41.00 k	0.00	Large Cap	30.88
Kotak Mahindra Bank Ltd.	Private sector bank	15.76	97.8	1.44%	0.39%	1.44% (Oct 2025)	0% (Nov 2024)	46.50 k	12.00 k	Large Cap	30.88
Gabriel India Ltd.	Auto components & equipments	2.11	89.2	1.31%	0.05%	1.31% (Oct 2025)	0% (Nov 2024)	70.00 k	0.00	Small Cap	6.54
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	3.06	86.2	1.27%	0.03%	1.95% (Dec 2024)	1.24% (Sep 2025)	51.00 k	0.00	Large Cap	30.88
Bajaj Finance Ltd.	Non banking financial company (nbfc)	2.69	81.3	1.20%	0.01%	2.3% (Feb 2025)	1.06% (Aug 2025)	78.00 k	0.00	Other	22.28
Bharat Electronics Ltd.	Aerospace & defense	2.28	76.7	1.13%	0.02%	1.56% (May 2025)	0.75% (Feb 2025)	1.80 L	0.00	Mid Cap	11.75
Eternal Ltd.	E-retail/ e-commerce	1.88	76.3	1.12%	-0.07%	1.19% (Sep 2025)	0.78% (Mar 2025)	2.40 L	0.00	Other	22.28
Tata Consultancy Services Ltd.	Computers - software & consulting	4.95	74.6	1.10%	0.02%	2.12% (Mar 2025)	1.08% (Sep 2025)	24.40 k	0.00	Large Cap	30.88
Axis Bank Ltd.	Private sector bank	15.76	74	1.09%	0.05%	1.36% (Apr 2025)	0.97% (Jul 2025)	60.00 k	0.00	Large Cap	30.88
Jindal Steel Ltd.	Iron & steel products	1.08	73.6	1.08%	-0.04%	1.12% (Sep 2025)	0.8% (Nov 2024)	69.00 k	0.00	Mid Cap	11.75
Krishna Institute of Medical Sciences Ltd.	Hospital	1.7	72.1	1.06%	-0.01%	1.14% (Jul 2025)	0% (Nov 2024)	1.00 L	0.00	Other	22.28
GE T&D India Ltd.	Heavy electrical equipment	1.46	69.9	1.03%	-0.33%	1.36% (Sep 2025)	0.66% (Nov 2024)	23.00 k	-7.00 k	Small Cap	6.54
Federal Bank Ltd.	Private sector bank	15.76	69.8	1.03%	0.44%	1.03% (Oct 2025)	0% (Nov 2024)	2.95 L	95.00 k	Mid Cap	11.75
Godrej Properties Ltd.	Residential, commercial projects	1.01	68.6	1.01%	0.11%	1.05% (Jun 2025)	0% (Nov 2024)	30.00 k	0.00	Mid Cap	11.75
One 97 Communications Ltd.	Financial technology (fintech)	1.98	67.8	1.00%	0.48%	1% (Oct 2025)	0% (Nov 2024)	52.00 k	22.00 k	Other	22.28
Max Financial Services Ltd.	Life insurance	0.98	66.5	0.98%	-0.06%	1.93% (Aug 2025)	0.98% (Oct 2025)	43.00 k	0.00	Mid Cap	11.75
KFIN Technologies Ltd.	Financial technology (fintech)	1.98	66.4	0.98%	0.01%	1.22% (Jun 2025)	0.46% (Feb 2025)	60.50 k	0.00	Other	22.28
Ami Organics Ltd.	Pharmaceuticals	3.06	58.7	0.86%	0.18%	0.86% (Oct 2025)	0% (Nov 2024)	34.00 k	0.00	Other	22.28
HCL Technologies Limited	Computers - software & consulting	4.95	55.8	0.82%	0.05%	1.39% (Dec 2024)	0.77% (Sep 2025)	36.20 k	0.00	Large Cap	30.88
WABCO India Ltd.	Auto components & equipments	2.11	54.7	0.80%	-0.07%	0.87% (Sep 2025)	0% (Nov 2024)	4.40 k	0.00	Mid Cap	11.75
Data Patterns India Ltd.	Aerospace & defense	2.28	52.1	0.77%	0.03%	0.77% (Oct 2025)	0% (Nov 2024)	19.00 k	0.00	Other	22.28
- Doms Industries Ltd.	Stationary	0.76	51.4	0.76%	0.00%	0.76% (Sep 2025)	0.57% (Jul 2025)	20.00 k	0.00	Other	22.28
Inventurus Knowledge Solutions Ltd.	It enabled services – software	0.75	51	0.75%	0.38%	0.75% (Oct 2025)	0% (Nov 2024)	31.00 k	14.55 k	Other	22.28
Gokaldas Exports Ltd.	Garments & apparels	0.74	50.3	0.74%	0.08%	0.91% (May 2025)	0.62% (Aug 2025)	60.00 k	0.00	Small Cap	6.54
J S W Energy Ltd.	Power generation	0.74	50.1	0.74%	-0.03%	0.77% (Sep 2025)	0% (Nov 2024)	95.00 k	0.00	Mid Cap	11.75
Cummins India Ltd.	Compressors, pumps & diesel engines	0.74	50	0.74%	0.05%	0.74% (Oct 2025)	0.52% (Apr 2025)	11.50 k	0.00	Mid Cap	11.75
- Mphasis Ltd.	Computers - software & consulting	4.95	49.8	0.73%	0.00%	0.82% (Jan 2025)	0% (Nov 2024)	18.00 k	0.00	Mid Cap	11.75
Jubilant Foodworks Ltd.	Restaurants	0.73	49.6	0.73%	-0.05%	0.96% (Apr 2025)	0% (Nov 2024)	83.00 k	0.00	Other	22.28
# Ujjivan Small Finance Bank Ltd.	Other bank	0.72	49.3	0.72%	0.72%	0.72% (Oct 2025)	0% (Nov 2024)	9.50 L	9.50 L	Other	22.28
- Solar Industries India Ltd.	Explosives	0.71	48.6	0.71%	0.00%	1.02% (Apr 2025)	0% (Nov 2024)	3.50 k	0.00	Small Cap	6.54
Swiggy Ltd.	E-retail/ e-commerce	1.88	48	0.71%	-0.05%	0.76% (Sep 2025)	0% (Nov 2024)	1.17 L	0.00	Other	22.28
Eureka Forbes Ltd.	Household appliances	0.7	47.3	0.70%	-0.04%	0.83% (May 2025)	0.66% (Apr 2025)	84.67 k	0.00	Other	22.28
Lupin Ltd.	Pharmaceuticals	3.06	45.2	0.66%	-0.01%	0.85% (Dec 2024)	0.66% (Oct 2025)	23.00 k	0.00	Large Cap	30.88
Vinati Organics Ltd.	Specialty chemicals	1.56	43.6	0.64%	-0.06%	0.78% (Jun 2025)	0.35% (Apr 2025)	26.40 k	0.00	Other	22.28
Max Healthcare Institute Ltd.	Hospital	1.7	43.6	0.64%	-0.01%	0.85% (Nov 2024)	0.64% (Oct 2025)	38.00 k	0.00	Other	22.28
Coromandel International Ltd.	Fertilizers	0.63	42.5	0.63%	-0.06%	1.19% (Apr 2025)	0% (Nov 2024)	20.00 k	0.00	Mid Cap	11.75
Greenply Industries Ltd.	Plywood boards/ laminates	0.59	40	0.59%	-0.01%	0.7% (Nov 2024)	0.59% (Oct 2025)	1.31 L	0.00	Small Cap	6.54
Hindalco Industries Ltd.	Aluminium	0.57	38.7	0.57%	0.04%	0.57% (Oct 2025)	0.43% (Dec 2024)	45.60 k	0.00	Large Cap	30.88
Ultratech Cement Ltd.	Cement & cement products	0.56	38.2	0.56%	-0.04%	0.62% (Aug 2025)	0% (Nov 2024)	3.20 k	0.00	Large Cap	30.88
Hindustan Petroleum Corporation Ltd.	Refineries & marketing	3.59	36.2	0.53%	0.02%	0.53% (Oct 2025)	0.39% (Feb 2025)	76.00 k	0.00	Large Cap	30.88
Dixon Technologies (India) Ltd.	Consumer electronics	0.5	34.1	0.50%	-0.05%	0.96% (Apr 2025)	0.41% (Feb 2025)	2.20 k	0.00	Other	22.28
Pidilite Industries Ltd.	Specialty chemicals	1.56	31.8	0.47%	-0.02%	1.07% (Apr 2025)	0.47% (Oct 2025)	22.00 k	0.00	Large Cap	30.88
- SRF Ltd.	Specialty chemicals	1.56	30.8	0.45%	0.00%	0.51% (Jun 2025)	0% (Nov 2024)	10.50 k	0.00	Mid Cap	11.75
Trent Limited	Speciality retail	0.44	30	0.44%	-0.02%	1.09% (Dec 2024)	0.44% (Oct 2025)	6.40 k	0.00	Mid Cap	11.75
CG Power and Industrial Solutions Ltd.	Heavy electrical equipment	1.46	29.5	0.43%	-0.02%	0.45% (Sep 2025)	0% (Nov 2024)	40.00 k	0.00	Small Cap	6.54
Oil & Natural Gas Corporation Ltd.	Oil exploration & production	0.41	27.6	0.41%	0.01%	0.46% (Jan 2025)	0% (Nov 2024)	1.08 L	0.00	Large Cap	30.88
Hindustan Aeronautics Ltd.	Aerospace & defense	2.28	25.7	0.38%	-0.02%	0.42% (May 2025)	0% (Nov 2024)	5.50 k	0.00	Other	22.28
Suven Pharmaceuticals Ltd.	Pharmaceuticals	3.06	18.3	0.27%	-0.08%	0.42% (May 2025)	0% (Nov 2024)	24.30 k	-2.03 k	Other	22.28
Digitide Solutions Ltd.	Business process outsourcing (bpo)/ knowledge process outsourcing (kpo)	0.14	9.7	0.14%	-0.01%	0.21% (Jul 2025)	0% (Nov 2024)	61.00 k	0.00	Other	22.28
Urban Company Ltd.	E-retail/ e-commerce	1.88	3.5	0.05%	-0.01%	0.06% (Sep 2025)	0% (Nov 2024)	21.92 k	0.00	Other	22.28
- Anthem Biosciences Ltd.	Biotechnology	0.02	1.5	0.02%	0.00%	0.03% (Aug 2025)	0% (Nov 2024)	2.14 k	0.00	Other	22.28
# TVS Motor Company Ltd. - Preference Shares	2/3 wheelers	2.01	1.6	0.02%	0.00%	0% (Nov 2025)	0% (Nov 2025)	1.54 L	0.00	Other	22.28
Britannia Industries Ltd.	Packaged foods		65.9	0.00%	-1.01%	-	-	-	-	Large Cap	30.88
Quess Corp Ltd.	Business process outsourcing (bpo)/ knowledge process outsourcing (kpo)	0.14	15.2	0.00%	-0.23%	-	-	-	-	Small Cap	6.54

- 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
# Ujjivan Small Finance Bank Ltd.	Other bank	49.3	0.72%	0.72%	0.72% (Oct 2025)	0% (Nov 2024)	9.50 L	950000

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
Britannia Industries Ltd.	Packaged foods	65.9	0.00%	-1.01%	1.49% (Aug 2025)	0% (Nov 2024)	0.00	-11000
Quess Corp Ltd.	Business process outsourcing (bpo)/ knowledge process outsourcing (kpo)	15.2	0.00%	-0.23%	0.68% (Nov 2024)	0% (Nov 2024)	0.00	-59656

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.	6.77%	6.77%	6.84%	7.10%	6.96%	6.95%	7.06%	6.88%	6.48%	5.98%	6.73%	6.82%	6.65%
ICICI Bank Ltd.	3.70%	4.17%	4.37%	4.53%	4.37%	4.49%	5.05%	4.89%	4.70%	4.60%	4.52%	4.58%	4.60%
Reliance Industries Ltd.	3.06%	2.92%	3.91%	3.92%	4.18%	4.07%	4.13%	3.85%	3.61%	3.58%	3.30%	2.92%	3.46%
Bharti Airtel Ltd.	2.96%	2.81%	2.85%	2.83%	2.94%	2.79%	2.87%	2.74%	2.67%	2.60%	2.44%	2.50%	2.50%
Larsen & Toubro Ltd.	2.89%	2.72%	2.71%	2.68%	2.67%	2.75%	2.56%	2.75%	2.68%	2.84%	2.76%	2.85%	2.57%
Infosys Ltd.	2.30%	2.32%	2.39%	2.41%	2.52%	2.53%	2.49%	2.68%	3.09%	3.24%	3.11%	3.08%	2.69%
State Bank Of India	1.92%	1.85%	1.72%	1.67%	1.70%	1.73%	1.73%	1.73%	1.66%	2.04%	2.01%	1.80%	1.43%
Bajaj Finance Ltd.	1.20%	1.19%	1.06%	1.77%	2.17%	2.18%	2.11%	2.24%	2.30%	1.74%	1.45%	1.39%	1.47%
ITC Limited	1.62%	1.61%	1.65%	1.63%	1.63%	1.68%	1.75%	1.73%	1.79%	1.55%	1.61%	1.58%	1.64%
Hindustan Unilever Ltd.	1.49%	1.58%	1.68%	1.56%	1.40%	1.48%	1.51%	1.50%	1.56%	1.66%	-	-	-
TVS Motor Company Ltd.	1.99%	2.03%	1.95%	1.63%	1.68%	1.65%	1.62%	1.51%	1.24%	1.29%	1.19%	0.89%	0.92%
Sun Pharmaceutical Industries Ltd.	1.27%	1.24%	1.26%	1.32%	1.28%	1.31%	1.47%	1.43%	1.41%	1.46%	1.95%	1.84%	1.93%
Tata Consultancy Services Ltd.	1.10%	1.08%	1.16%	1.12%	1.26%	1.93%	1.98%	2.12%	1.54%	1.48%	1.42%	1.48%	1.39%
InterGlobe Aviation Ltd.	-	-	-	1.09%	1.09%	1.00%	2.00%	2.00%	1.88%	1.71%	1.73%	0.86%	0.80%
Maruti Suzuki India Ltd.	2.02%	2.08%	1.48%	1.24%	1.20%	1.23%	1.25%	1.21%	1.35%	1.31%	1.11%	1.13%	1.14%

No of Debt Holding 10 (Category Avg - 36.03) | Modified Duration 3.31 Years (Category Avg - 3.51)| Yield to Maturity 6.54% (Category Avg - 6.87%)

Portfolio Summary (as on 31st Oct,2025)

Security Type	% Weight	Category Average
GOI	1.47%	8.43%
CD	0.00%	0.56%
T-Bills	0.08%	0.54%
CP	0.00%	0.77%
NCD & Bonds	19.58%	10.90%
PTC	0.00%	0.30%

Category - Aggressive Hybrid Fund

Security Type	% Weight	Category Average
Government Backed	1.55%	8.96%
Low Risk	19.58%	12.21%
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 - Aggressive Hybrid Fund

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

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	LAAA	ICRA	255.56	3.76%	25.00 Cr
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	254.82	3.75%	25.00 Cr
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	254.79	3.75%	25.00 Cr
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	153.96	2.27%	15.00 Cr
Bond - Indian Railway Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	153.88	2.26%	15.00 Cr
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	LAAA	ICRA	103.91	1.53%	10.00 Cr
Bond - Power Grid Corporation of India Ltd.	NCD & Bonds	Power - transmission	AAA	CRISIL	102.19	1.50%	10.00 Cr
Bond - Govt of India	GOI	Other			100.20	1.47%	10.00 Cr
Bond - Indian Railway Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	51.86	0.76%	5.00 Cr
Bond - T-Bill	T-Bills	Other			5.45	0.08%	54.75 L