Mutual-Fund-Insight - Aug 2020

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A Portfolio of Quality
Corporate Bonds.
Presenting HDFC Corporate Bond Fund
The Fund aims to maintain a higher credit quality portfolio by focusing on in-depth
internal credit evaluation. It invests 80% to 100% of its portfolio in AAA rated and
equivalent securities / assets and primarily focuses on returns through interest
accruals (as of June 30, 2020, 100% is invested in these securities / assets).
The current investment strategy is subject to change depending on the market conditions.
HDFC Mutual Fund/AMC is not guaranteeing/offering/communicating any indicative yields or guaranteed returns on
investments made in the scheme. For complete portfolio details refer www.hdfcfund.com
To know more, contact your financial adviser or give a missed call on 73974 12345.
HDFC Corporate Bond Fund (An open Riskometer

ended debt scheme predominantly
investing in AA+ and above rated
corporate bonds) is suitable for
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• To generate income/capital appreciation
through investments predominantly in
AA+ and above rated corporate bonds Investors understand that their principal will be at
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*Investors should consult their financial advisers, if in doubt about whether the product is
suitable for them.
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS,

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Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

CONTENTS
$8*867
Volume XVII, Number 11 31 Cover Story
Editorial
Principles
The charm of gilt funds
Gilt funds are not just the safest with respect to their holdings, they have
Value Research is an
independent investment also given good returns over the last one year. Should you invest in them?
research company. Our goal is
to serve our readers with data,
information and knowledge
that inform them about
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help them learn how to make
better choices.
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not possible to be 100 per
cent accurate, it is possible to
always strive to achieve that
standard to the best of our
abilities.
Editor Dhirendra Kumar

Research and Editorial Aakar Rastogi,
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Editor: Dhirendra Kumar. Printed and published by Dhirendra Kumar on behalf of Value Research India Pvt. Ltd. Published at 5, Commercial Complex, Chitra Vihar, Delhi 110 092. Printed at Option Printofast, 46, Patparganj Industrial Area, Delhi -92.
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4 Mutual Fund Insight August 2020

A Government of India Initiative
Higher Safety No Lock-In Lower Tax
Bond with Bharat
Offer Period - 14th July, 2020 - 17th July, 2020

9 First Page 23 Quick Chat
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FIRST PAGE
An unfair tax
I’m not saying there is no case However, as far as I’m

at all for gilt funds. Perfect credit concerned, that’s not the real
quality and liquidity are worth a problem with this tax. This is a
lot nowadays. These funds have bad time for the economy and the
specific advantages and they can country and there’s a logic to
play a specific role in your paying taxes that do not hurt. The
portfolio. Read our cover story Government of India has just
‘The charm of gilt funds’ to committed to free rations for 80
understand everything. crore people and those who can
One recent (non-COVID) piece pay must do their patriotic duty.
F or debt-fund investors
burned by the credit
quality and liquidity
problems that have hit a number
of AMCs, the obvious solution is
of news that has riled mutual fund
investors is the imposition of
stamp duty. From July 1, there will
be a 0.005 per cent stamp duty on
all mutual fund investments. This
However, this has no connection
to that and in principle this is a
bad tax. Tax should be on income
or expenditure, not on just
investments. When you invest in
gilt funds. Since gilt funds are debt means that if you pay `1 lakh to a a mutual fund or a stock, you do
funds that invest only in fund house as an investment in not know whether the investment
government debt, they are not any of its schemes, it will deduct will yield any returns or not and
affected by these problems. `5 (0.005 per cent of `1 lakh) and if it does, then how much it will
Government debt will always be then allot you the units with the be. Capital gains and income tax
honoured, and since the market for remaining `99,995. That’s not a big are fine in principle. So is GST,
gilts is huge and extremely liquid, amount and in fact, it sounds quite which is a tax on consumption.
there will not be any liquidity a trivial amount of tax to pay as far However, a tax on just the act of
problems. In one fell swoop, gilt as a given investment goes. investing, regardless of whether it
funds solve both problems and But there are many will yield profits or losses, should
take care of all of investors’ investments like liquid funds and not be imposed. This is wrong.
worries. Or do they? overnight where a short holding There are other taxes and levies
In reality, gilt funds bring their period is quite normal. As a like this. The STT (securities
own problems. Compared to other matter of course, businesses park transaction tax) is already there,
types of debt funds, they are quite their cash repeatedly for very charged by the central government,
volatile and are sensitive to the short periods of time in such while this stamp duty is a state
quality of fund management. To funds, which are meant for such tax. There’s also SEBI’s levy on
shine among peers, fund purposes. A duty of 0.005 per equity transactions which are a
managers need to make the cent can compound to a cost that, in the case of mutual
correct interest-rate calls. The significant proportion of the funds, is eventually paid by
benefit from making the correct returns in such cases. investors. Once they get imposed,
calls is high and the damage from For example, for a holding these unfair and unprincipled
making the wrong ones can be period of four days, the taxes never go away.
quite severe too. Moreover, compounding effect will be just
sometimes interest rates move in above 0.4 per cent in annualised
a manner that practically every terms. That’s a significant chunk
fund manager is caught on the of the returns that one would Dhirendra Kumar
wrong side. expect from such an investment. Editor
Mutual Fund Insight August 2020 9

FUND REPORTER
Inflows into equity funds -\UKTHUHNLYJOHUNL

dwindle in June Schemes Existing Î New
COVID-19 and the ensuing BNP Paribas Arbitrage Fund Karthikraj Lakshmanan & ICICI Pru MNC Fund Anish Tawakley Î Anish
slowdown have started to Mayank Prakash Î Chockalingam Narayanan, Tawakley & Vaibhav Dusad
show their impact on invest- Karthikraj Lakshmanan & Mayank Prakash
ICICI Pru Multi-Asset Fund Sankaran Naren, Ihab
ments. According to AMFI, BNP Paribas Dynamic Equity Fund Abhijeet Dey, Dalwai, Anuj Tagra & Lalit Kumar Î Sankaran Naren,
the net flows into equity Karthikraj Lakshmanan & Mayank Prakash Î Ihab Dalwai, Anuj Tagra & Rakesh Patil
funds stood at `241 crore in Chockalingam Narayanan, Karthikraj
ICICI Pru Multicap Fund Sankaran Naren & Atul Patel Î
Lakshmanan & Mayank Prakash
June 2020 as against `5,257 Sankaran Naren & Rajat Chandak
crore in May 2020. DSP Arbitrage Fund M. Suryanarayanan and Rahul
Motilal Oswal Midcap 30 Fund Akash Singhania and
Vekaria Î M. Suryanarayanan and Kedar Karnik
Niket Shah Î Niket Shah
Changes to liquid funds come DSP Liquidity Fund Rahul Vekaria and Kedar Karnik Î
Nippon India Banking & PSU Debt Fund Prashant
Kedar Karnik
into effect Pimple and Hardik Shah Î Prashant Pimple and
From June 30, 2020, liquid DSP Low Duration Fund Rahul Vekaria and Kedar Vivek Sharma
Karnik Î Laukik Bagwe and Kedar Karnik
funds will be required to Nippon India Capital Builder Fund IV - Series B
DSP Overnight Fund Rahul Vekaria and Kedar Karnik Î Ashwani Kumar & Meenakshi Dawar Î Manish
keep at least 20 per cent of
Kedar Karnik Gunwani & Dhrumil Shah
their assets in liquid assets
DSP Savings Fund Rahul Vekaria and Kedar Karnik Î Nippon India Capital Builder Fund IV - Series C Samir
like cash, government securi-
Kedar Karnik Rachh & Meenakshi Dawar Î Samir Rachh, Varun
ties and treasuries. This will Goenka & Nikhil Rungta
DSP Ultra Short Fund Rahul Vekaria and Kedar Karnik
make it easier for them to
Î Kedar Karnik Nippon India Capital Builder Fund IV - Series D
meet a sudden redemption Manish Gunwani, Samir Rachh & Meenakshi Dawar Î
HDFC Floating Rate Debt Fund Shobhit Mehrotra Î
pressure. They will have to Samir Rachh, Varun Goenka & Nikhil Rungta
Shobhit Mehrotra & Vikash Agarwal
value their debt and mon- Nippon India Dynamic Bond Prashant Pimple and
HDFC Money Market Fund Anil Bamboli Î Anil
ey-market securities on a Hardik Shah Î Prashant Pimple and Vivek
Bamboli & Vikash Agarwal
mark-to-market basis, which Sharma
HDFC Multi Asset Fund Fund Krishan Kumar Daga,
will ensure transparency in Nippon India Gilt Securities Hardik Shah Î
Chirag Setalvad & Anil Bamboli Î Krishan Kumar
valuation. Prashant Pimple
Daga, Amit Ganatra & Anil Bamboli
Nippon India Nivesh Lakshya Fund Prashant Pimple
ICICI Pru Bharat Consumption Fund - Series 1
Franklin’s shuttered schemes Sankaran Naren & Atul Patel Î Anish Tawakley &
and Hardik Shah Î Prashant Pimple
start getting their money Lalit Kumar Nippon India Retirement Fund - Income Generation
Santosh Kamath, MD & CIO, Sanjay Parekh & Prashant Pimple Î Sanjay Doshi &
ICICI Pru Bharat Consumption Fund - Series 3
Prashant Pimple
Franklin Templeton Fixed Sankaran Naren & Atul Patel Î Anish Tawakley &
Income, India, has said the Lalit Kumar Nippon India Retirement Fund - Wealth Creation
Sanjay Parekh & Prashant Pimple Î Sanjay Doshi &
six debt schemes that were ICICI Pru Commodities Fund Sankaran Naren & Mittul
Prashant Pimple
shut down in April this year Kalawadia Î Sankaran Naren & Lalit Kumar
Nippon India Tax Saver ELSS Fund Ashwani Kumar Î
have received `3,275 crore ICICI Pru Equity & Debt Fund Manish Banthia,
Sanjay Parekh & Ashutosh Bhargava
and are expected to receive Sankaran Naren & Atul Patel Î Sankaran Naren &
Manish Banthia PGIM India Credit Risk Fund Kumaresh Ramakrishnan
another `3,200 crore between
and Viral Shah Î Kumaresh Ramakrishnan
July and September 2020. ICICI Pru FMCG Fund Atul Patel Î Ihab Dalwai
The fund house has also ICICI Pru Growth Fund - Series 1 Sankaran Naren &
Atul Patel Î Sankaran Naren & Roshan Chutkey
received Rs 1,252 crore from
Vodafone Idea as principal
and interest payment on the house’s average AUM fell by about exposure to Zee Learn in two of its
company’s bonds with a cou- 31 per cent between April and debt schemes: Credit Risk Fund
pon of 8.25 per cent and June 2020 as compared to the pre- and Medium Term Fund. The for-
maturing on 10th July. The vious quarter. mer has an exposure of 9.24 per
fund house had segregated cent and the latter, 3.02 per cent (as
these bonds in the six affect- UTI Mutual Fund segregates its expo- on July 6, 2020). CARE Ratings has
ed schemes. sure to Zee Learn downgraded the company’s credit
Meanwhile, the fund UTI Mutual Fund will segregate its profile from AA to B.

ZZZYDOXHUHVHDUFKSURFRP
The advisor
decision-support
system
Use our authoritative mutual funds database
to give solid investment advice to your clients

SIP SAHI HAI
An Investor Education Initiative
SIPs for the middle-aged

Middle-aged investors may find it difficult to take to equities, which could derail
their long-term goals. SIPs can help.
T
he SIP culture is spreading far and wide. Today
many investors are benefiting from this useful yet
simple concept. Awareness campaigns by both
the mutual fund industry and media have popularised
SIPs. However, this was not the case a decade ago, when
SIPs and mutual funds were still new concepts. This has
resulted in many middle-aged investors (those between
40 and 55 years) not opting for them and instead going
for the traditional fixed-income investments, such as
fixed deposits, the Public Provident Fund (PPF), the
Employees’ Provident Fund (EPF) and other small-
savings schemes. This has made their portfolios debt-
heavy, with little equity component.
The problem with relying on fixed income is that
your returns after inflation tend to be meagre. Also,
over the last few years, the interest rates on fixed-
income options have been downtrending. This could
result in falling short of your desired corpus. This
makes investing in equity inevitable for your long-
term goals. Equity is the only asset class that has the month. Alternatively, you can avail the services of a
record of beating inflation over the long term and financial advisor, who will help you select the right
growing your capital to meet your financial goals. funds and set up an SIP.
However, many middle-aged people have developed For middle-aged investors, there are two more
an aversion to equity because of its volatility. Middle challenges: they have less time remaining for their
age is also a phase of life when a person doesn’t want goals and their SIPs are insufficient. There are no easy
to take much risk. There are many family-related solutions to these problems. You will have to first
responsibilities and one wants a stable life. Added to calculate how much you want to accumulate for
this is the lack of knowhow of how equity works or specific long-term goals and then arrive at the
how to invest in it. corresponding SIP amounts. Explore some financial
To reduce their risk, middle-aged investors can start calculators online to arrive at the required numbers or
with aggressive hybrid funds, which have 65–80 per seek help from a financial advisor. Then start your
cent equity and the rest debt . While they are called SIPs with whatever amount you can manage.
‘aggressive’, they are less volatile than pure equity If you have a large allocation to fixed income, you
funds, thanks to their debt component. Also, invest in can move some of that to your SIPs and invest it over
them systematically through SIPs. This will help you time. Plough in all your windfalls and bonuses into
average your investment cost and further dampen the your SIPs to bridge the gap. Also, ensure that you
effect of volatility. Once you get used to the market increase your SIPs every year, in line with your
volatility, you can switch to SIPs in pure equity funds. annual appraisals. These steps should help you
Starting your SIPs is easy. Once you have chosen reduce the shortfall.
the funds that you want to invest in, you can go to the Last but not least, don’t lose heart by looking at the
fund house’s website and follow the instructions there required goal amounts if they turn out to be large. A
to set up an SIP. You will be asked to link a bank journey of a thousand miles begins with a single step.
account, from which your SIPs will be deducted every SIPs are your single steps in your investment journey.

INSIDE FUNDS
Funds in action
Across funds, portfolios tell you a lot about sectors and companies
Hopes of a revival Most bought
Funds have been loading up on Airtel’s shares as the and sold stocks by
consolidation in the sector is coming to an end and the
players are raising prices. funds in April-May ’20
7,000 z No. of shares (lakh) z Share price (`) 600 … and the worth of shares in ` cr
6,000 500 Large caps ` cr

5,000 BOUGHT
400 Hindustan Unilever 7,608
4,000
Bharti Airtel 4,044
300
3,000 ICICI Bank 1,563
200 SOLD
2,000
Reliance Industries 1,854
100
1,000 SBI 712
L&T 488
0 May-17 Aug-17 Nov-17 Feb-18 May-18 Aug-18 Nov-18 Feb-19 May-19 Aug-19 Nov-19 Feb-20 May-20 0
Mid caps
BOUGHT
Going for gold Tata Motors 275
After a dip in March, the net flows into gold funds and ETFs have
Indusind Bank 191
rebounded, backed by a rally in gold prices.
z Inflow (` cr) z Price/10 gm (I`) Max Financial 146
1,600 50,000
SOLD
1,400 48,000 Jubilant FoodWorks 632
1,200 46,000 Tata Consumer 356
LIC Housing Finance 231
1,000 44,000
800 42,000 Small caps

600 40,000 BOUGHT
400 38,000
Indian Energy Exchange 106
Kajaria Ceramics 103
200 36,000
Radico Khaitan 48
0 34,000
SOLD
-200 32,000 Deepak Nitrite 50
-400 30,000 Equitas Holdings 40
Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20
NCC 37

Status quo
Among multi-cap funds and those that are virtually multi-cap, the share of assets has remained
more or less constant over the last three years.
% of total assets in the three categories
z Large & MidCap z Multi Cap z Value Oriented
Jun-18 Jun-19 Jun-20
20 18 19 17 17 18
63 63 65
Betting on BPCL
Among the major state-owned oil companies, BPCL has seen a higher fund interest,
probably because of the disinvestment trigger for the company.
170
Rebased to 100
150
BPCL
130
No. of funds
110
HPCL
90
ONGC
IOC
Oil India
70
50
May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20

FUND RADAR
The call of duty

You will now have to pay stamp duty on your mutual fund purchases
F
rom 1st July, investors will have to pay a stamp another. Likewise, the stamp duty is also applicable on
duty of 0.005 per cent on their mutual fund dividend reinvestment plans. In these plans, once a
purchases. The duty is applicable on all types of dividend is declared, it is used to buy fresh units of the
purchases, viz., SIP, STP or lump sum. Thankfully, it is same scheme. Since this is also a purchase, it will also
not applicable while redeeming your money from attract stamp duty before the allotment of the units.
mutual funds. The stamp duty will be deducted by the This will make such plans even less attractive. In the
fund house prior to allotting the units. So, if you invest case of ETFs, the stamp duty is applicable at a slightly
`1 lakh in a mutual fund scheme, the AMC will deduct higher rate of 0.015 per cent while making purchases
`5 (0.005 per cent of `1 lakh) and then allot you the through a stock exchange.
units with the remaining `99,995. You may wonder what’s this fuss about, given the
STPs will be subject to this duty as they entail ultra-low deduction which won’t even be noticeable.
redemption from one scheme and a purchase into While this duty may not make a difference to your long-
;H_LZHUKL_WLUZLZHZZVJPH[LK^P[OT\[\HSM\UKZ
TAXES/EXPENSES WHAT IS IT? HOW MUCH IS IT? HOW IS IT CHARGED?
WHILE INVESTING IN MUTUAL FUNDS

Stamp duty Government-levied tax applicable on 0.005% of the investment amount Fund house deducts it from the invest-
purchase of all mutual funds ment amount. The units are allotted for
the remaining money.
WHILE HOLDING YOUR MUTUAL FUND INVESTMENTS

Expense ratio Fee charged for managing your money Varies for different categories of Charged on a daily basis while calculat-
funds and depends on whether you ing NAV. NAVs declared by fund houses
opt for the regular or the direct plan. are inclusive of the expense ratio.
Direct plans are cheaper.
Tax on dividends Tax levied by the government on the Gets added to your income and 7REHSDLGE\WKHLQYHVWRUZKLOHÀOLQJ
dividends received from mutual funds taxed as per the applicable slab. income-tax return (ITR).
Not applicable on growth plans. TDS is applicable at the rate of 10 per
cent if the dividend income exceeds
`LQDÀQDQFLDO\HDU,WLVGHGXFWHG
by the fund house before transferring
the dividend to your bank account.
ON REDEEMING MUTUAL FUND INVESTMENTS

Exit load A small fee charged on the value of Varies for different categories of Fund house deducts it before transfer-
your investments for redeeming your funds. Equity funds usually have an ring the redemption proceeds
money too soon, usually within the exit load if you redeem within one
period that is not in line with the in- year of investing.
vestment objective of the chosen fund
Securities trans- Tax levied by the government. Appli- 0.001% Deducted by the fund house before
action tax (STT) cable only on selling equity-oriented transferring the redemption proceeds
mutual funds.
Capital gains tax Tax levied by the government on the Depends on the category of fund Investor needs to account for it while
gains from mutual fund investments. and the holding period ÀOLQJLQFRPHWD[UHWXUQ,75
Payable only when you sell your invest-
ments.

0TWHJ[VM[OLZ[HTWK\[` If you are in a habit of moving in and out of funds
The shorter your holding period is, the higher the impact of the stamp duty. on the basis of short-term performance, the stamp duty
can take away a sizeable chunk of your capital over
2.0% Annualised impact
time. This makes it necessary to have a reasonable
1.6 holding period and avoid flipping funds.
In the last few years, there have been quite a few
1.2
changes in the costs and taxes that mutual fund
0.8 investors have to bear. For instance, the long-term
capital gains tax on equity was reintroduced in 2018.
0.4
Soon after, SEBI revised the expense slabs for mutual
0 funds. The third significant change was announced in
1 2 3 4 5 6 7 30 60 90 180 270 365 the Union Budget 2020 when the dividend distribution
HOLDING PERIOD (DAYS) tax (DDT) was abolished for mutual funds and
dividend income was made taxable in the hands of the
term returns, it can dent the returns from your short- investors. And now stamp duty has been introduced.
term investments, such as those in overnight or liquid In case you have lost track of what costs and taxes
funds. As the graph ‘Impact of the stamp duty’ shows, you end up paying as a mutual fund investor, here’s a
the lower your holding period, the more the impact. summary of all of them.
0UKPJH[P]LYH[LZVM[H_LZHUKL_WLUZLZMVY]HYPV\ZJH[LNVYPLZVMT\[\HSM\UKZ
TAXES/EXPENSES MULTI-CAP & TAX-SAVING FUNDS AGGRESSIVE HYBRID FUNDS SHORT-DURATION FUNDS LIQUID FUNDS
WHILE INVESTING IN MUTUAL FUNDS
Stamp duty 0.005%
WHILE HOLDING YOUR MUTUAL FUND INVESTMENTS

Expense ratio Regular plans: 0.50–1.56% Regular plans: 1.85–2.48% Regular plans: 0.79–1.20% Regular plans: 0.14– 0.36%
Direct plans: 0.19–2.38% Direct plans: 0.61–1.28% Direct plans: 0.24–0.40% Direct plans: 0.08–0.22%
Tax on dividends Added to income and taxed as per the slab
ON REDEEMING MUTUAL FUND INVESTMENTS

Exit load Tax-saving funds: Not Usually 1% if redeemed Usually nil. But few funds 0.0045–0.0070% for hold-
applicable within 1 year have a small exit load ing period of up to 6 days.
Multi-cap funds: Usually 1% Load-free thereafter.
if redeemed within 1 year
Securities trans- 0.001% Not applicable
action tax (STT)
Capital-gains tax If sold after 1 year: 10% on gains exceeding 1 lakh If sold after 3 years: 20% after indexation
If sold within 1 year: 15% If sold within 3 years: Added to your taxable income

FUND RADAR
Series 2: What’s in it for you?

The second series of Bharat Bond ETF will be rolled out soon. Here are its
features and how the previous series has fared.
A
fter its launch in December 2019, Bharat Bond *VUZ[P[\LU[ZVM)OHYH[)VUK,;-:LYPLZ
ETF, which comprises top-rated PSU bonds, is Issuer April-2025 (%) April-2031 (%)
back with its second series. One can invest in Export Import Bank 5.06
its NFO between 14th and 17th July. The second series
Hindustan Petroleum Corporation 7.16
comes in two maturity variants: 2025 and 2031. The
HUDCO 9.92
minimum investment is `1,000. One can invest in
Indian Oil Corporation 8.58
multiples of `1,000 thereof up to a maximum of `2 lakh
in either variant. Twenty-five per cent of the NFO is Indian Railway Finance Corporation 4.89 13.05
reserved for retail investors. Those who don’t have a NABARD 8.02
demat account can invest in the fund of funds (FoF) National Highways Authority 15.00
option of this ETF, which will be launched National Housing Bank 10.51
simultaneously with the NFO. NHPC 6.00 2.53
The government plans to raise `2,000 crore with the
NTPC 3.63
2025 variant and `1,000 crore with the other one. Both
Nuclear Power Corporation 1.15 14.80
of them also have a greenshoe option of `6,000 crore
Power Finance Corporation 15.00 15.00
and `5,000 crore, respectively. This option can be
exercised in the case of an oversubscription and will Power Grid Corporation 15.00 15.00
help the government raise more money. As before, REC 15.00 15.00
Edelweiss AMC will manage the ETF. government-owned entities (see the table ‘Constituents
The first series had been received well by investors. of Bharat Bond ETF – Series 2’). These bonds have very
It also had two maturity variants: 2023 and 2030 low default risk and ample liquidity. In the current
maturities. Here are some other features of this ETF. scenario where debt funds are struggling with credit
downgrades and defaults in their
Costs holdings, this ETF could be a safe pair
One of the biggest advantages of Bharat of hands.
Bond ETF is its low cost. With an
expense ratio of just 0.0005 per cent, Yields
it is among the cheapest mutual For the upcoming 2025 maturity
fund products, not just in India variant, the indicative yield is
but in the world. To put around 5.56 per cent. For the
things in perspective, 2031 variant, it’s about 6.73 per
compare this with the cent. The yields of fixed-
expense ratio of short- income instruments have
duration funds, which can fallen lately as a result of
cost up to 1.1 per cent per RBI cutting interest rates
annum. The ultra-low to revive growth. Due to
expense ratio of Bharat this, the yield to maturity of
Bond ETF translates into the existing 2023 variant has
relatively higher returns. fallen from 6.75 to 5.13 and for
the one maturing in 2030, it
Portfolio has decreased from 7.64 to
The ETF comprises the top- 6.68 between January and
rated bonds issued by June ends.

5(=]ZWYPJL
)OHYH[)VUK,;-]Z-+Z
The 2023 variant of the Series 1 of Bharat Bond ETF has frequently
The indicative yields of the Bharat Bond ETF - Series 2 are better than a
traded at a discount to its NAV. On the other hand, the 2030 variant has
normal bank FD with a similar maturity profile. Senior citizens, however,
maintained a small premium to the NAV.
will benefit more from the five-year FD.
1,090 Bharat Bond ETF - April 2023 NAV Closing price
Bharat Bond ETF -
April 2025 5.56%
FD maturing in 1,070
April 2025 5.3%
FD maturing in April 1,050
2025 for senior citizens 5.8%
1,030
Bharat Bond ETF -
April 2031 6.73%
1,010
FD maturing in
July 2030 5.4%
FD maturing in July 990
2030 for senior citizens 6.2% Jan 2, 2020 Jul 1, 2020
Indicative ETF yields as on July 8, 2020. Bank FD rates for SBI retail term deposits (below `2
crore) as on July 8, 2020. FD rates beyond 10 years not available for SBI. 1,100 Bharat Bond ETF - April 2030 NAV Closing price
1,080
These indicative yields of the Series 2 are higher
1,060
than SBI’s current five-year FD rates. For senior
citizens, however, the five-year FD would be more 1,040
attractive (see the graph ‘Bharat Bond ETF vs FDs’). But
one should remember that the higher yields come at 1,020
the cost of taking slightly higher risks in the ETFs, 1,000
whereas bank FDs are pretty much assured.
980
Liquidity Jan 2, 2020 Jul 1, 2020
According to a recently conducted webinar by the
Edelweiss team, the Series 1 ETFs have been fairly more rigorous than that of other mutual funds, wherein
liquid, with about five to 10 basis points of bid–ask portfolio and NAV disclosures happen monthly and at
spread. Retail investors with modest investment end of the day, respectively.
amounts can easily enter and exit the ETFs with low
impact costs. The ETFs have traded on most days, with Investment case
their daily average trading volumes being around `3.23 The investment case for this ETF rests upon its ability
crore for the 2023 variant and `3.68 crore for the 2030 to provide investors access to a high-quality portfolio of
one. The AMC claims that this should provide enough bonds at ultra-low costs, which can make a meaningful
liquidity to retail investors. difference to returns. Given the prevailing low interest
However, when we look at the end-of-day price and rates, one can argue whether it is wise to buy into the
NAV values, we see that the 2023 variant has been indicative yields on offer, particularly on the long-
trading at a discount to NAV at about 1.15 per cent tenured variant. Still, the yields are quite competitive
since June after varying over a wider range for the first in comparison to other alternatives in the current
few months since launch. On the other hand, the 2030 scenario. Moreover, better tax treatment of the ETF in
variant has traded at a premium of about 0.34 per cent comparison to bank FDs gives them a further leg-up.
since June. It also saw a higher degree of variation With plans for yearly launches, one can also adopt a
previously (see the graphs ‘NAV vs price’). laddering approach to invest in this ETF for a stable
income. This would entail buying the ETF as its further
Transparency series are launched. However, those who do not intend
The ETF’s portfolio constituents are disclosed daily. to hold it till maturity would be taking on interest-rate
The latest NAV is updated throughout the day at risk directly proportional to the maturity duration of
www.bharatbond.in. This level of disclosure is much the ETF.

PORTFOLIO MOVES Canara Robeco Emerging Equities Fund
Averting the loss

The fund has contained downside well over the last one year at a time when the
benchmark and the category have slipped into the red
Beating the index One-year returns (as on July 9, 2020)
1200 Fund S&P BSE 500 TRI -0.63% -4.91 -5.14
Fund S&P BSE Large & mid-cap
1100 500 TRI category
1000
900
Fund portfolio
Large caps Mid caps Small caps Cash
800
Fund 53.62% 38.63 2.94 4.81
700
Index 77.09% 17.35 5.44 –
600 Rebased to 1,000
July 2019 July 2020 Average stocks in the portfolio 58
Sector weights as Fund managers Investment strategy

compared to the index The fund has been managed by The fund invests in businesses
Overweight Automobile, chemicals, Miyush Gandhi and Shridatta which have higher growth potential,
communication, consumer durables, Bhandwaldar. Mr Gandhi has been higher earnings visibility and
diversified, energy, healthcare, competent managements. It also
managing this fund since April
services looks for companies that are
2018 and Mr Bhandwaldar, since
Underweight Construction, undergoing some transformation
October 2019
engineering, financial, FMCG,
which can unlock value.
metals, technology
Worked Failed Top bets New entrants

88.6 -70.0 6.1 1.0
Reliance Industries Axis Bank Reliance Industries HDFC AMC
64.5 -61.0 5.7 1.0

Gujarat Gas Century Textiles HDFC Bank M&M Financial
62.9 -49.2 4.5 1.0

Ipca Laboratories Cholamandalam Investment ICICI Bank Mahindra & Mahindra
61.4 -44.5 3.2 1.01

IRCTC Indian Hotels Bharti Airtel PI Industries
58.2 -43.4 3.1 0.7

Balkrishna Industries Bajaj Finance Infosys Sun Pharmaceutical
Successful stocks with gains Losing stocks and the amount of Top holdings with the asset Stocks added during Oct ’19, with
(` cr) during Jul ’19–Jun ’20 losses (` cr) during Jul ’19–Jun ’20 allocations (%) as on Jun 30, ’20 asset allocations (%)
All values are estimates derived from monthly portfolio disclosures. The fund has net assets of `5,162 crore as on June 30, 2020.

QUICK CHAT Miyush Gandhi, Fund Manager, Canara Robeco Emerging Equities
‘Markets are recovering on the

back of unprecedented liquidity’
Your fund has contained downside well over the last unprecedented liquidity infused by global central banks
one year. What would you attribute this to? as well as governments (on the fiscal side) as a response
We strive to deliver consistent risk-adjusted returns by to the pandemic-led shutdowns. At the same time, as
maintaining an unwavering focus on our investment economies are opening up, we are witnessing pent-up
objectives and following our unique investment process demand driving surprises on the macroeconomic front.
within a stringent risk-management framework at all However, we need to be cognisant of the fact that virus
times. In line with our philosophy, our preference is for continues to spread at an alarming rate and the vaccine
companies with healthy balance sheets, superior return is still some time away. Therefore, it would be prudent
ratios and higher earnings visibility, which has helped to be cautious and watch out for the incoming data
us avoid large drawdowns in the fund. both on the pandemic and economic fronts.
How do you pick stocks for your fund? What is the outlook for mid and small caps?
We believe that it is companies and not stocks that cre- The outlook for mid and small caps is very closely cor-
ate wealth over the long term. Hence, the fund has a related to the economic growth. We have seen a sharp
preference for businesses which have higher deceleration in nominal growth and that is
growth potential, display higher earnings reflected in the stock-price correction in
visibility and are backed by competent the mid/small caps. However, their uni-
managements. It also evaluates and verse is very large and bottom-up
invests in companies which are wit- stock ideas can create a lot of
nessing a change in the business wealth in the long term. Empirical
environment/management that can evidence suggests that companies
act as a catalyst for unlocking that have a distinctive competitive
intrinsic value. Stock selection is advantage (which implies busi-
thus an outcome of (1) visibility ness moat), are gaining market
and sustainability of growth, (2) share (which implies higher
management track record and (3) growth), are able to generate their
reasonableness of valuations. own growth capital (implies good
ROCE) and are backed by competent
How are you positioning your portfolio to managements have been able to successful-
counter the disruption caused by COVID-19? ly transform themselves over time from small to
We follow a combination of top-down (macroeconomy, mid to large and that is where we are focusing.
sector outlook) and bottom-up (stock-specific) approach
towards portfolio construction. Our near-term prefer- What’s your advice to equity investors who have had a
ence is for sectors that are facing the least amount of tough time digesting the recent volatility?
disruption, like telecom, pharma, IT and FMCG to pro- While most people consider volatility as a risk, we
tect our downside. At the same time, we are also evalu- believe it is good for long-term investors as it provides
ating stocks in the consumer-discretionary/BFSI space, a good opportunity to average their holdings and for
where the near-term disruption is quite meaningful but new investors to start at a lower market level. Equity
which offer great value in the long term. markets go through such cycles and it’s imperative
that we take advantage of such falls rather than be
The market has staged a smart comeback. How do afraid of them. It is quite heartening to see that SIP
you see that? Is the rise sustainable? flows have shown remarkable resilience even during
Markets across the world are recovering on the back of these tough times.

SPOTLIGHT Vinit Sambre Head Equities, DSP Mutual Fund
‘Markets seem to have lost the

correlation with what is
happening on the economic front’
After the crash in March, the stock market has smartly recovered. That has baffled investors.
Moreover, mid and small caps have rallied over the last three months, which has attracted
investors’ attention. We speak to Vinit Sambre, who suggests that the rally is not in sync with
the fundamentals. Sambre has also taken over the responsibility of DSP Top 100 Fund, a large-
cap scheme. Until now, he has managed mid- and small-cap schemes. We ask him about his
strategy for managing a large-cap scheme now. He also talks about why he is betting on beaten-
down sectors and about the outstanding performance of DSP Quant Fund.
What are your views on the way markets have reacted nesses while being cautious of the valuations at which
after the short-lived crash in March? Does this we want to buy them. If a set of targeted companies is
disconnect between the grim economic reality and a beyond our comfort zone on valuations, we don’t mind
sharp market recovery baffle you? waiting and that leads to accumulation of cash. In the
I do think that the markets seem to have lost the correla- current environment, we are high on cash as we wait for
tion with what is happening on the economic front cur- an opportunity to deploy the same.
rently. But this type of movement is generally short-lived The markets are possibly not factoring in most of the
and has happened in the past as well. As it is popularly potential negatives going forward. So, it makes sense to
said, the markets can remain irrational longer than one be in cash and try to deploy it during periods of volatility,
can remain solvent. which we foresee in the next two or three quarters. In
This exuberance or irrationality in the market, case there isn’t any correction and recovery
given the economic environment, is cer- keeps happening, we will start deploying
tainly challenging. But what’s notewor- “People the cash gradually, taking into consid-
thy is that we’re facing an external
issue which I don’t think anyone
tend to look at eration the new economic factors.
has faced ever. It seems people incremental news. You’ve sounded cautious on
have different views on what After March and April, May valuations since 2017, when
its outcomes can be. People DSP Small Cap (called DSP
tend to look at incremental was slighter, and June was BlackRock Micro Cap back
news. After March and April, better still. Moreover, most then) put gates on inflows,
May was slighter, and June
governments are providing in interactions with Value
was better still. Moreover, Research. Even in June
most governments are provid- stimulus to their economies, 2019, you described the
ing stimulus to their economies, which is also contributing valuations for small caps as
which is also contributing to the only ‘slightly less expensive’.
market rally. I think another factor
to the market What’s your view now? Fresh, and
at play is that in the lockdown period, rally.” perhaps bigger, concerns have
retail participation has gone up and that emerged on the denominator side of
is also adding to the current momentum. valuation ratios?
However, these things don’t impact our long-term Yes, I’ve been more conservative as we have observed
thought process. We are trying to have a rational view on hyperactivity in the mid- and small-cap space for the
how companies are dealing with the current situation. We past three years now. And these categories have been
are trying to identify businesses which are better placed underperforming.
or are more resilient in the current scenario. But before COVID happened, there was a phase when
mid caps and small caps started trading at a discount to
You talked about the exuberance factor in the market. large caps. And we started debating whether we are at a
Is that contributing to elevated cash levels in your good point in the cycle to open the small-cap fund for
portfolios? inflows. Sometime around November or December last
Yes, you are right. We constantly try to identify good busi- year, we started believing that we should be in a position

SPOTLIGHT
to deploy fresh inflows as some of the stocks had correct- the case of FMCG, the growth rates had started tapering
ed. But we still decided to wait. And then COVID hap- off even before COVID but the valuations were only get-
pened in March and the markets crashed. That’s when we ting richer and richer. So, there was a total disconnect
said that while economic environment looks challenging between the fundamentals and the valuations. We don’t
and may remain so for six months to one year, we don’t want to go with the herd in such cases but wait instead.
mind that actually since our philosophy is to buy and Also, businesses have their own cycles. So, if a sector
hold for two to five years. So, we took the decision to is undergoing a bad phase, it doesn’t necessarily mean
open our small-cap fund for inflows. that all companies in that sector are not expected to per-
The way to look at the current situation is that we are form well. For example, in 2016, the pharma sector hit a
in a down cycle. The earnings are at a cyclical low. rough patch and the stock prices of pharma companies
Valuations from that standpoint look a bit punchy. But if crashed but not all companies in the sector were facing
one is willing to accumulate and hold through this low issues, providing us a great opportunity to move in.
cycle, I think small caps make a good case. Auto ancillary is another classic example. If you map
the 25–30-year history of car and two-wheeler sales, you
The business environment may remain would realise that the sector has historically
extremely difficult for a fair while, shown strong growth followed by one-
more so for many small “If two years of bad patch. So, we said
companies. What are your key you can identify that one year of underperformance
concerns as an investment businesses that can grow creates a low base. And if you
manager active in this pick up any two-wheeler com-
segment of the market? at a rate higher than that of panies and look at the cash-
One thing that remains con- the peers because of their com- flow generation, the ROCE
stant to our philosophy is and other metrics, I think
to weed out companies
petitive advantage, have good they are phenomenal. So,
which start showing signs management and keep a close we thought let’s pick busi-
of wrong capital allocation watch on how they utilise their nesses linked to the auto
or any corporate-governance cycle which are being
issues or any major regulato- capital, they will tend to create ignored right now. When the
ry bottleneck which is going value, whatever capitalisa- cycle turns, these companies
to have a long-term bearing on
the business. These form the core
tion range that will grow significantly and
when others start buying, we will
investment philosophy, irrespective may be.” probably be selling.
of whether we are in good times or pass-
ing through a challenging phase such as this You small-cap fund is among the top five
one. It works as a good checklist of what we clearly based on AUM but it ranks among the bottom ones on
want to eliminate. average market cap of the underlying portfolio. Does
Now as far as the current scenario is concerned, we this gap between the size of the fund and the size of
are not worried about issues such as the possibility of a the companies it invests in pose any challenges?
liquidity crunch, balance-sheet issues or high leverage, What about liquidity?
etc. Given our investment philosophy, we are pretty con- When I took over the fund, I had the freedom to invest
fident on those aspects. We are trying to analyse how about 35 per cent of assets in large caps. However, I
long each business can take to normalise but we don’t refrained from doing so as I wanted it to be true to label.
want to react too soon. I’m a person with a core belief that there are good small
companies with good managements. And they do won-
You are going against the herd on quite a few sectors, derfully well to let investors participate in their journey
as reflected in your underweight positions in FMCG from being small to becoming big, really big. I didn’t want
and optimism on auto ancillaries and textiles. What’s to dilute this belief. We were okay holding mid caps to
your thinking behind these positions? some extent but principally we avoided large caps.
I like businesses which are compounders and FMCG gen- As for liquidity, let me provide some historical perspec-
erally fits that basket. But we are also conscious of valua- tive. This fund was launched as a closed-end fund in
tions. I try to correlate them with the earnings cycle. In 2007. It was only in 2010 that it became open-end. And

while we were turning this to an open-end fund, we were sation. So, if a few good companies are able to do well,
expecting large redemptions. After the Lehman crisis, peo- we are going to use our skill to try and capture that.
ple had seen its NAV drop from `10 to `4, a 60 per cent Given the current environment, we have set the ball
fall. Though it had recovered well to around `14-15 by the rolling by getting some defensive stance to the portfolio.
time it was made open-end, after a big fall, people tend to So, we have reduced the weightage of financials and
take their money and leave at the first opportunity. I had increased exposure to some defensive sectors. We have
maintained some cash levels in the portfolio at that time also consolidated the portfolio to an extent by exiting
but we didn’t face much redemption. some stocks.
On an ongoing basis, the way we have approached this
DSP Quant Fund, your model-driven offering, has
issue is to be invested in solid companies so that even if
we are ever forced to sell at discounted prices for some outperformed the other DSP diversified equity funds
reason, there are buyers available. Second is to over the last one year. How do you see this
have a decent mix of mid caps, which are with respect to quant strategies
better placed in terms of liquidity. And In emerging as a substitute for
generally, the cash allocation in the the case of conventional fund management?
portfolio has also gone up from On a lighter note, does that
about 2–3 per cent (when it was
FMCG, the growth rates make you nervous?
`300–500 crore in size) to 5–6 had started tapering off even (Laughs out loud) No! No! In
per cent as a rule. before COVID but the valuations fact, it’s good to see it per-
Now if there is ever a big forming so well! We were
run down, a very big prob- were only getting richer and richer. all part of this project when
lem that nudges everyone to So, there was a total disconnect the rules were getting
take money out of small
caps, then the whole catego-
between the fundamentals and the designed. It was a collec-
tive effort. And we would
ry will have an issue. valuations. We don’t want to go really like it to be called a
Otherwise, we should be fine. with the herd in such rules-based fund instead of a
quant fund. I would say that if
You’ve recently taken over the cases but wait my rules-based fund tomorrow
management of DSP Top 100, instead. becomes the largest fund, I’d be
your AMC’s large-cap fund. That’s a very happy.
strategy you’ve not managed earlier in I believe that for any product, if you are
your fund-management career. Tell us about working in a much-disciplined manner and
your approach to generate alpha here and are really walking the talk by being true to
your immediate focus areas as you embark your core philosophy, over time, inves-
on putting its performance back on track. tors will realise the merit of that. That’s
I think the fundamental rules remain the where the rules-based fund has an
same. If you can identify businesses that can advantage – you are able to do better ‘vis-
grow at a rate higher than that of the peers ibly’. Otherwise, you tell me in any fund
because of their competitive advantage, what visibility does one have beyond the
have good management and keep a close back-dated performance data? Instead, if
watch on how they utilise their capital, they one is able to get more insight into the
will tend to create value, whatever capitalisa- inputs, what a fund is trying to apply and
tion range that may be. put into action, it helps investors
Over and above that, we will add a have a clearer understanding of
layer of sectoral view for the large- what the fund would do with
cap fund. And if we have strong their money. My rules-based
conviction on any company or fund has these well-docu-
sector, we would not shy away mented and the people
from taking large active bets. If who like that will come
you look at the index, it has there. It gives investors the
outperformed because of polari- confidence to invest.

THE PLAN
Not much surplus? Here’s how

you can still save tax
Gaurav (34) works with a publishing house and has an annual salary of `9 lakh. His
wife is a homemaker. The couple has a four-year-old daughter. The family lives in a
rented house, which costs it `15,000 monthly. The other household expenses are
around `45,000 per month, leaving hardly any surplus. Gaurav wants to know how he
can still save the income tax. Here is a plan for him.
OPT FOR THE OLD TAX STRUCTURE .H\YH]»Z[H_JVTW\[H[PVU

^P[OV\[PU]LZ[TLU[ZL_WLUKP[\YLZ
In its Budget for FY21, the government introduced a
Even if no investments and expenditures are considered, the
new, simplified tax structure which has lower tax
old tax regime results in a lower tax liability for Gaurav.
rates. However, if one opts for it, one has to forego
most tax deductions and exemptions normally New tax structure Old tax structure
available. One can make a choice between the new Annual salary 9,00,000 9,00,000
tax structure and the old one. Less: Standard deduction NA 50,000
Less: HRA exemption NA 1,44,000
For Gaurav, staying in the old regime is more
Less: EPF contribution by employer
beneficial. Under the new regime, his tax liability will
(not exceeding 12% of basic
be `55,661 for the year. Under the old regime, it will be salary and dearness allowance) 43,200 43,200
`36,379 without investing or spending any additional 8,56,800 6,62,800
amount. That is a reduction of almost 35 per cent. See Less: Deductions u/s 80C
the table ‘Gaurav’s tax computation without Employee’s contribution to EPF NA 43,200
investments/expenditures’. Tuition fee paid for daughter NA 7,200
The lower tax in the old regime is because of the Taxable income 8,56,800 6,12,400
various deductions it allows. These cannot be availed Tax liability 55,661 36,379
in the new tax structure. All amounts in Rs

DEDUCTIONS THAT CAN REDUCE YOUR TAX LIABILITY
The following deductions can be claimed in the old Tuition fee: Gaurav’s daughter is in a playschool. The
regime. ‘tuition fee’ component of her monthly school fee
Standard deduction of `50,000: Available to all. No need amounts to `600. The Income Tax Act allows tax
to present any documents for this. deduction of the tuition fee paid for any full-time
course (including play school and pre-nursery) under
House rent allowance (HRA): Gaurav’s annual salary Section 80C. However, it is limited to two children and
includes an HRA of `1.8 lakh. His basic salary is `3.6 `1.5 lakh. Hence, Gaurav can claim a deduction of
lakh. Based on the HRA criteria, he can claim a `7,200 from his taxable income.
deduction of `1.44 lakh. He will have to submit to his
With all these deductions, Gaurav can reduce his
employer copies of rent receipts, rent agreement and
taxable income to `6,12,400 and tax liability to `36,379.
the PAN of his landlord for claiming this deduction. See
the table ‘Gaurav’s HRA computation’.
Employees’ Provident Fund (EPF): Gaurav’s mandatory
contribution to the EPF is `3,600 per month. His
.H\YH]»Z/9(JVTW\[H[PVU
employer contributes an equal amount, which is The calculation of the house-rent allowance follows a
included in Gaurav’s annual salary. Gaurav can claim a multipronged criterion.
deduction of `43,200 (`3,600 × 12) from his taxable Actual HRA received from the employer 1,80,000
income under Section 80C. His employer’s contribution 50% of basic salary and dearness allowance
is also tax-exempt up to 12 per cent of the basic salary if you are living in a metro city, otherwise 40% 1,80,000
and dearness allowance. This will help Gaurav reduce Rent paid in excess of 10% of basic
salary and dearness allowance 1,44,000
his taxable income by a total of `86,400 (`43,200 +
`43,200). Note that only his contribution comes under Exempt: Least of the above three 1,44,000
All amounts in Rs
Section 80C.
DO NOT COMPROMISE ON BUYING

INSURANCE. IT WILL ALSO HELP YOU
SAVE TAX.
Gaurav doesn’t have life insurance. Being the sole
breadwinner for his family, he must buy a pure term
plan to financially protect his wife and daughter in his
absence. A `1 crore cover till the age of 60 will cost him
around `1,200 per month. The annual premium (of
about `14,400) can also be claimed as a deduction under
Section 80C.
Gaurav has only a health cover of `2 lakh provided
by his employer. This amount is not just insufficient
but relying solely on employer-provided health
insurance isn’t advisable. That’s because it is available
only as long as you are working with your employer.
Gaurav must buy a floater health plan of `5 lakh,
covering his family. It will cost him somewhere around
`1,600 per month. This amount can be claimed as a
deduction under Section 80D, which will further reduce
his tax liability.
Buying life and health insurance as stated above will
reduce his tax liability to `29,390.

THE PLAN
INVEST `6,600 MONTHLY IN AN ELSS
While Gaurav is hardly left with any surplus, he should
cut his discretionary expenses and invest at least `6,600
monthly in a good tax-saving fund (equity-linked
savings scheme or ELSS). Not only will this bring his
tax liability to zero (see the table ‘Gaurav’s tax
computation after investments/expenditures) but also
help him invest some money for his long-term goals like
his daughter’s higher education and his retirement.
Investments in an ELSS are tax-exempt under Section DO BUILD AN EMERGENCY FUND
80C. ELSS are equity mutual funds with a lock-in
Maintain an emergency fund of at least six
period of three years.
months of expenses. It is very helpful during
.H\YH]»Z[H_JVTW\[H[PVUHM[LY difficult situations like a job loss or a medical
PU]LZ[TLU[ZL_WLUKP[\YLZ emergency. Due to the economic and health
uncertainty created by the pandemic, an
Gaurav’s tax liability falls to zero if he takes into account his
emergency fund has become all the more crucial.
tax-saving expenditures and invests in an ELSS. It can be maintained in a combination of a sweep-
New tax structure Old tax structure in fixed deposit and a good liquid fund.
Annual salary 9,00,000 9,00,000
Less: Standard deduction NA 50,000
Less: HRA exemption NA 1,44,000 Deduction of health-insurance
Less: EPF contribution by employer
(not exceeding 12% of basic
premium under Section 80D
salary and dearness allowance) 43,200 43,200 z A deduction of up to `25,000 is available on
8,56,800 6,62,800 the premium paid for the health-insurance policy
Less: Deductions u/s 80C of self, spouse and children.
EPF contribution NA 43,200 z An additional deduction of up to `25,000 is
Daughter’s tuition fee NA 7,200
available for the health insurance policy of
Life insurance premium NA 14,400
parents.
Investment in ELSS (`6,600 × 12) NA 79,200
8,56,800 5,18,800 z The limit of `25,000 is replaced by `50,000 in
Less: Deduction u/s 80D both the cases above if any policyholder is a
Premium paid for health insurance NA 19200 senior citizen.
Taxable income 8,56,800 4,99,600
Tax liability 55,661 12,480
Less: Tax rebate u/s 87A 0 12,480
Net tax liability 55,661 0
All amounts in Rs Popular Section 80C
avenues to claim
deductions up to `1.5
lakh in a financial year
z Tax-saving funds
z Employee’s contribution to EPF
z Public Provident Fund (PPF)
z Life insurance
z Pension schemes like NPS
z Five-year tax-saving bank FD
z Tuition fee paid for up to two
children

COVER STORY
The charm of
gilt funds
Gilt funds are not just the safest with respect to their
holdings, they have also given good returns over
the last one year. Should you invest in them?

COVER STORY
Sneha Suri which are far above anything else in the

fixed-income space. If you sort the
P
ost the IL&FS crisis of 2018, performance numbers across debt categories
the fixed-income space has over different time frames, gilt funds would
been frequently hit by come on the top. So, does all this mean that
downgrades, defaults, and gilt funds are an excellent investment
segregations. The COVID- option? Let’s dive deeper into them.
induced liquidity freeze and
credit dislocation has resulted in Franklin The tactical element
Templeton Mutual Fund winding up six of As of July 3, 2020, the one-year category
its debt schemes. Credit-risk funds have returns of gilt funds are 11.98 per cent.
witnessed some massive outflows Generally, you would expect an equity fund
due to rising investor concerns to deliver returns of that kind. The key
about their holdings. Given reason for this high number is a low-
these, investors have grown interest-rate scenario. Given
wary of debt funds and
are looking for
the economic slowdown due
to the pandemic, the
11.98%
options that don’t central bank has cut 1Y returns of gilt
entail liquidity and interest rates multiple funds (as on July
credit issues. From times over the last one 3, 2020)
this perspective, gilt year. The high returns
funds, which rank have led greater
last in terms of inflows into the
credit gilt-fund
and category.
liquidity The AUM of
risk, have been these funds has
gaining a lot of interest. surged by about 85 per
As gilt funds invest in cent over the last one year,
government securities, they have a reaching over `14,000 crore as on May
low default risk because of the inherent 31, 2020 (look at the graph ‘Gilt funds:
government backing. Further, G-secs are the Growth of AUM’).
most liquid debt instruments. What’s more, Such returns, that too from a category
the category has been delivering returns which is free of any credit or liquidity
.PS[M\UKZ!.YV^[OVM(<4
High returns from gilt funds over the last one year have resulted in a rise in their assets.
In ` crore
14,204
11,773
8,446
7,602
7,560
7,525
7,668
8,098
8,659
8,693
8,868
8,385
8,007
8,437
9,217
7,474
8,417
Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20

INVEST TO ACCELERATE YOUR WEALTH CREATION
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UTI POWER
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UTI MASTERSHARE UTI VALUE UTI EQUITY FUND ‡

¬
UNIT SCHEME OPPORTUNITIES FUND^ Multi Cap Fund
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UTI POWER OF THREE
606“UTIPT”WR_9LVLWZZZXWLPIFRP
~UTI Power of Three is only a communication approach applied to various investment types from UTI MF. It is a single application form, where an investor can choose to invest, either via
Systematic Investment Plan or Lumpsum, in more than one scheme as depicted in the communication developed for UTI Power of Three. The payment will be made through individual cheques
drawn out towards individual schemes under the respective scheme.
*Inception date 15th October, 1986. #8 million = 0.15 million investors for UTI Mastershare Unit Scheme as on date of inception 15th October 1986 (Current Investors - over 0.6 million as
on 30th June, 2020) + 0.13 million investors for UTI Value Opportunities Fund as on date of inception 20th July 2005 (Current Investors - over 0.4 million as on 30th June, 2020) + 6 million
investors for UTI Equity Fund as on date of inception 18th May 1992 (Current Investors - over 1.2 million as on 30th June, 2020). **Total dividend paid out in UTI Mastershare Unit Scheme,
UTI Value Opportunities Fund and UTI Equity Fund from February 2003 till 30th April, 2020. Past performance may or may not be sustained in future. Pursuant to payment of dividend, the
NAV of the respective options of the schemes would fall to the extent of payout and statutory levy (if applicable). Distribution of dividend is subject to trustee's approval and availability of
distributable surplus. ¬An open ended equity scheme predominantly investing in large cap stocks. As per new norms for definition of Market Capitalisation prescribed by SEBI, classification
would be: Large Cap: 1st - 100th company (full market cap), Mid Cap: 101st - 250th company (full market cap), Small Cap: 251st company onwards (full market cap). ^An open ended equity
scheme following a value investment strategy. ‡An open ended equity scheme investing across large cap, mid cap and small cap stocks.
UTI MASTERSHARE UNIT SCHEME UTI VALUE OPPORTUNITIES FUND UTI EQUITY FUND
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COVER STORY
issues, are certainly appealing. Even the

/PNOS`]VSH[PSL worst-performing fund in the category has
The one-year median rolling returns of gilt funds (on a daily basis) over the last 10
years showcase the volatility in these funds. Their short-duration counterparts don’t
given about 8.3 per cent over the last one
exhibit such volatility. year (as on July 3, 2020). But there is a catch
here. If we see the median one-year rolling
24 % Gilt funds Short-duration funds
returns of gilt funds over the last 10 years,
18 they appear to move in crests and troughs
(look at the graph titled ‘Highly volatile’).
12 The peaks have gone as high as 20 per cent
and the dips have gone as low as -1.69 per
6 cent. That’s quite some volatility, very much
reminiscent of how equity moves.
0 If you compare these moves in gilt funds
to those in short-duration ones, the
-6 volatility of gilt funds clearly stands out.
June 2010 June 2020 Short-duration funds are much less volatile,
with the difference between their highest
.PS[M\UKYL[\YUZ]Z.ZLJ`PLSKZ and lowest points remaining within
reasonable limits.
A falling G-sec yield results in higher returns from gilt funds and vice-versa.
What causes gilt funds to be more volatile
24 % Gilt funds: 1Y daily median rolling returns 10Y benchmark yield* 10%
in spite of their good-quality holdings? The
interest-rate sensitivity of the underlying of
18 9
these funds is the culprit here. Gilt funds
12 8
typically invest in medium- to long-duration
government securities and thus their returns
6 7 are mapped to G-sec prices (look at the
graph ‘Gilt-fund returns vs G-sec yields).
0 6 These securities react sharply to interest-rate
changes. If interest rates rise, their prices fall
-6 5 and vice-versa. See the box ‘Understanding
June 2010 June 2020 the interest-rate risk’.
*Source: Thomson Reuters In fact, in a falling interest-rate scenario,
these funds can offer elevated returns, quite
like those of equity funds. But in a rising
UNDERSTANDING THE INTEREST-RATE RISK interest-rate environment, they will struggle
to even match the returns from a savings
This is the risk of a sudden drop in the NAV of your debt fund due to bank account.
a rise in interest rates. In India, depending on the inflation rate and
Their irregular return profile results in
the economic outlook, the RBI sets interest rates. The coupon rates
intermittent flows into these funds as
of bonds remain in line with the prevailing interest rates in the
economy. If interest rates rise, any new bond investors time their entry into and exit from
issuances will carry higher coupons. This these funds (see the graph ‘A tactical play’).
will make the old or existing bonds in the Amid the current low-interest-rate regime,
debt market relatively less attractive. To the category has been witnessing massive
compensate for the lower payouts, flows lately.
their prices will fall. The further the So, to make money off these funds, you
maturity of a bond, the greater the will have to predict interest-rate cycles and
fall in its price when the interest rates move into and out of these funds tactically.
rise. The reverse of this happens when But that’s not all. There is another aspect to
the rates fall. the gilt story. Even if one correctly predicts
the interest-rate movements, the returns

([HJ[PJHSWSH`
Given their high interest-rate sensitivity, gilt funds see tactical entry and exit by savvy investors based on the interest-rate movements.
3000 1HWÁRZV` cr) 5HSRUDWH 9
2000 8
1000 7
0 6
-1000 5
-2000 4
May 2010 May 2020
*Source: Database on Indian Economy Net flows are for both gilt and gilt with 10-year constant maturity categories
from this category do not come in a linear from 6–9 per cent. But short-duration funds
fashion. They are rather lumpy. An analysis can provide you similar (or even better)
of the daily median rolling returns points returns with lesser volatility.
out that about 70 per cent of the annual So, a buy-and- hold approach in gilt
median returns in 2019 were made only in funds will not likely give you the kind of
10 trading days. So, if you were not
invested in those 10 days, your returns
returns you saw in the last one year.
85%
would have been down by about 7 Conclusion 1Y rise in the
percentage points and you would have So, who should invest in gilt funds? Given AUM of gilt funds
missed out on most gains. their volatility, need for tactical timing and (as on May 31,
average long-term performance, they are 2020)
A long-term bet? meant for someone who knows how to play
Given their volatility and the need for being the interest-rate cycle and has a nuanced
tactical with your entry and exit, can one understanding of debt markets. Even such
have a buy-and-hold approach with them? investors should have a small, tactical
Over a complete interest-rate cycle, allocation to these funds. That’s
their returns tend to average because timing the interest-
out. Thus, unlike equity, rate cycle is not easy.
these funds do not reward Many times, interest-
handsomely over the rate announcements
long term. In the graph
titled ‘Long-term
come as a surprise,
like those in March 20%
performance’, you
can see that these
and May this
year. Such moves &
funds do not
provide any
by the central
bank can catch -1.7%
exceptional you off guard. Maximum and
returns over the Before you react, minimum 1Y
long term. In any your fund would daily rolling
seven-year have already return from gilt
period, one can made a plunge, funds over the
expect to thus wiping off last 10 years
broadly earn your hard-earned
returns ranging returns.

COVER STORY
3\TW`YL[\YUZ Therefore, it makes little sense for retail

In 2019, about 70 per cent of annual median returns from gilt funds came from just 10 investors to have these funds in their
days. Missing those would have soured your overall return experience from gilt funds. portfolio.
1.0 % Returns in top 10 days: 6.75% This does not mean that government
2019 return: 10.44% bonds do not add any value. These bonds
0.8
are the most liquid and have almost no
0.6 default risk. Hence, government securities
0.4 do have a place in your portfolio. However,
this allocation can easily be achieved from
0.2
funds with a broader investment mandate,
0 like high-quality short-duration funds. These
May 31 Jun 1 Jun 6 Jun 14 Jun 15 Jun 18 Jul 8 Jul 29 Dec 20 Dec 21 funds have the flexibility to invest in G-secs
and many of them do have a G-sec exposure.
So, you won’t need a separate gilt allocation
3VUN[LYTWLYMVYTHUJL that you will have to manage actively.
A comparison of seven-year median rolling returns (on a daily basis) of gilt and short-
Finally, Value Research has always
duration funds indicates that the short-term performance of the former doesn’t
translate into superior returns over the long term. maintained that you shouldn’t get
adventurous with your debt allocation. The
10.5 % Gilt funds Short-duration funds
last thing you want from your debt
9.0 allocation is equity-like volatility. The
primary reason for a debt component in
7.5
your portfolio is to provide it stability and
6.0 returns above bank deposits. You can
achieve this by investing in just short-
4.5 duration funds for your medium-term goals
and liquid funds for your short-term goals.
3.0
June 2010 June 2020 Rest everything is dispensable.
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CATEGORY WATCH
Aroma of equity, flavour of debt

Equity savings funds can help conservative investors get better returns than
FDs, while not exposing them to the volatility of equity or the taxation of debt
T
he machinations of the market frequently inflation in the long run, while aggressive hybrids may
surprise investors. These times are no different. be too volatile for their comfort. So, equity savings
On the one hand, the interest rates on deposits funds can provide an asset allocation that suits them.
have seen a sharp fall; on the other, the equity market The limited equity exposure makes equity savings
has witnessed greater volatility since the start of this funds better equipped than aggressive hybrids to
year, thanks to the uncertainty created by COVID-19. handle market falls, while providing higher returns
Situations like these leave investors wondering where than conservative hybrids during bull phases (see the
they should invest. For conservative investors, equity chart ‘The middle path’).
savings funds are a good option. These funds came
into being in late 2014 and currently have assets of How they are managed
over `11,000 crore. Equity savings funds are mandated to invest a
Categorised under hybrid funds, equity savings minimum of 65 per cent of their assets in equity and
funds are an improvisation of conservative hybrid arbitrage and the remaining in fixed income. The
funds, earlier called monthly income plans (MIPs). category constituents somewhat differ in their
Conservative hybrids funds invest primarily in debt, approach towards managing their net equity
with 10–20 percent of their portfolio invested in (unhedged) exposure. While some keep it in a narrow
equity. This helps them provide higher returns than range and close to a third, some others manage it more
fixed deposits, making them suitable for conservative dynamically and alter it depending upon the level of
investors. However, since these funds have a major equity markets. This also has a bearing on the degree
allocation to debt, they are subject to debt taxation. of volatility witnessed by them over short periods.
On the other hand, equity savings funds invest in Most funds manage their equity portion
equity, arbitrage and debt. Each of these makes about conservatively by investing well over 70 per cent in
one-third of the portfolio. The arbitrage portfolio large caps and that’s how it should be, given that these
provides dual benefits. While it is similar to debt in funds are meant for conservative investors. There are
terms of volatility and returns, it is considered to be a only a few funds in the category which allocate more
part of the equity portfolio. Thus, arbitrage and equity to mid- and small-cap stocks.
together make more than 65 per cent of the portfolio of
these funds, making them eligible for equity taxation. ;OLTPKKSLWH[O
In bull runs, equity savings funds perform better then conservative hybrids.
Who should invest in them? In bear markets, they don’t fall as much as aggressive hybrids do.
Equity savings funds are meant for conservative
32 % Aggressive hybrids Equity savings Conservative hybrids
investors, who want a measured dose of equity, or
those who have a medium investment horizon of three 24
to five years. They may also appeal to those who have
16
passed the earning stage of their life and now wish to
draw a regular income from their retirement corpus. 8
The equity portfolio of these funds aims helps
generate superior returns, while the debt and arbitrage 0
portions provide stability. The category acts a mid-way
-8
option for investors who wish to have some equity
exposure but not much volatility. For instance, for those -16
looking for a regular income, the equity allocation of 2015 2016 2017 2018 2019 2020*
conservative hybrid funds may be too little to beat * Category average returns for regular plans. Returns for 2020 till 30th June.

On the debt side, the portfolios maturity curve depending upon differ significantly. Some funds
primarily consist of corporate their interest-rate outlook. In the stick to AAA rated corporate bonds,
bonds and term deposits. The last five years, the average while others go slightly down the
portfolio duration is usually maturities of several funds have credit-rating curve.
dynamically managed as most varied from about one year to 13 See the next pages for our picks
funds move up and down the years. On the credit-risk side, funds in this category.
A dive into the category

Key metrics and returns data for all equity savings funds
REGULAR PLAN DIRECT PLAN
Rolling ret. (%) Expense Quartile ranking Rolling ret. (%) Expense Quartile ranking Assets Credit
Fund Rating 1Y 3Y (%) ’17 ’18 ’19 ’20 Rating 1Y 3Y (%) ’17 ’18 ’19 ’20 (` cr) quality
Aditya Birla SL Equity Savings Fund 2.19 6.70 2.53 3.18 7.92 1.61 537 GOI/Cash
Axis Equity Saver Fund 4.62 7.46 2.35 5.81 8.70 1.02 679 AAA
Baroda Equity Savings Fund Not rated - - 1.98 Not rated - - 1.05 427 CASH
DSP Equity Savings Fund 1.53 5.00 2.39 3.09 6.59 0.85 433 CASH
Edelweiss Equity Savings Fund 4.74 7.57 1.74 5.86 8.31 0.74 77 GOI/Cash
Franklin India Equity Savings Fund Not rated 0.01 - 2.13 Not rated 1.84 - 0.17 152 GOI/Cash
HDFC Equity Savings Fund 2.16 9.54 2.04 3.25 10.78 1.27 3182 AAA
ICICI Prudential Equity Savings Fund 5.38 7.70 1.36 6.05 8.57 0.7 1157 AAA
IDBI Equity Savings Fund Not rated 2.96 5.22 2.16 Not rated 4.59 6.33 1.34 11 CASH
IDFC Equity Savings Fund Not rated 2.48 5.57 2.48 Not rated 3.57 6.15 1.53 53 CASH
Invesco India Equity Savings Fund Not rated - - 2.36 Not rated - - 0.55 158 CASH
Kotak Equity Savings Fund 4.45 7.78 2.16 5.24 8.55 1.21 1409 GOI/Cash
L&T Equity Savings Fund -0.54 7.00 1.6 0.35 7.86 0.64 81 CASH
Mahindra Manulife Eq Sav Dhan Sanchay Yojana 2.62 - 2.42 4.48 - 0.74 190 BBB
Mirae Asset Equity Savings Fund Not rated 3.50 - 1.43 Not rated 4.73 - 0.39 88 CASH
Nippon India Equity Savings Fund -7.49 4.00 2.56 -6.68 5.13 1.77 456 AAA
PGIM India Equity Savings Fund 4.10 8.30 2.49 5.13 9.46 1.47 36 CASH
Principal Equity Savings Fund 2.16 7.03 2.35 3.52 7.99 1.29 36 GOI/Cash
SBI Equity Savings Fund 2.81 6.18 1.68 3.89 7.75 1.01 1324 AAA
Sundaram Equity Savings Fund Not rated 1.56 - 2.41 Not rated 3.46 - 0.91 107 CASH
Tata Equity Savings Fund 3.79 6.23 2.29 4.86 7.30 1.19 96 CASH
Union Equity Savings Fund Not rated 4.38 - 2.09 Not rated 5.13 - 1.47 175 GOI/Cash
UTI Equity Savings Fund Not rated 0.90 - 1.52 Not rated 1.86 - 0.81 194 AAA
Performance Top quartile Second quartile Third quartile Bottom quartile

Consistency: = Among top 25% in the category = Among top 25–50% in the category = Among bottom 25–50% in the category = Among bottom 25% in the category
The left-most bar in a series represents the fund’s performance in the first quarter of a calendar year. Similarly, subsequent bars represent the fund’s performance in second, third and last quarters of the calendar year.
Funds marked in this colour are our recommended funds. Expenses, assets and credit quality as of May 31, 2020. Other data as of June 30, 2020.
Funds suspended for sale have also been excluded.

FUND
5(*8/$5 ',5(&7
$;,6(48,7<6$9(5

ANALYST’S
CH ICE The aggressive choice
The fund maintains a comparatively higher allocation to
equity as compared to its peers. While this may increase
volatility, it also provides better inflation protection.
Launched in 2015, the fund started The duration of the debt portfolio
,_WLUZLYH[PV
off on a sombre note and found a is dynamically managed but the fund
DIRECT
1.02 1.02 place at the bottom of the category in management team doesn’t go over-
MIN MEDIAN FUND MAX
the first full calendar year (2016) of board on duration calls. For the past
its existence. But it hasn’t looked back several months, it has remained in a
0.17 1.77
since then and has consistently beat- tight range of around four years.
REGULAR
2.16 2.35 en an average peer in every calendar Overall, the debt portfolio looks
MIN MEDIAN FUND MAX
year thereafter. suitable to generate moderate but
1.36 2.56 steady returns.
Data as of May 2020
Management style
As per its stated asset allocation, the Performance and expenses
net (unhedged) equity allocation can After the initial setback, the fund has
-\UK]ZJH[LNVY` vary between 20 and 45 per cent but done well in comparison to its peers.
The fund has performed better than the in practice it has usually remained in A relatively higher net equity alloca-
category since February 2019.
a narrow range of 40–45 per cent of tion makes it slightly more volatile
12 % Fund Category average the AUM. This is slightly higher than over very short periods of time but it
its peers and therefore ranks it among rewards suitably for it. Over three-
9 the more aggressive equity savings year timeframes, it comfortably beats
funds in terms of asset allocation. an average peer.
6
Around 20–25 per cent of the portfo- At 2.35 per cent for the regular
3 lio remains invested in arbitrage plan and 1.02 per cent for the direct
opportunities and the remaining is in plan, the expense ratios are on the
0 debt and cash. higher side. While there are more
The equity portion is managed in a expensive funds in the category, for a
-3
multi-cap style. However, large-cap fund that invests only 40 per cent of
Aug 2018 Apr 2020
stocks dominate, with over 70 per its money in equity, charging expens-
Based on 3Y rolling returns
cent of the equity portfolio. The fund es similar to that of a pure equity
manager has increased their share to fund is not warranted. Given the
(ZZL[HSSVJH[PVU about 90 per cent in the recent return profile of an equity savings
The fund has maintained a high equity months. The focus is on investing in fund, high expenses take a meaning-
allocation of 40–45 per cent. quality stocks with sustainable ful cut away.
growth potential. This fund fits well in the portfolio
50 % of AUM
Arbitrage Debt & cash Equity On the debt side, the fund has the of conservative investors looking for a
43 flexibility to invest 20–35 per cent of measured dose of equity, and those
its assets in fixed income. The portfo- looking to invest for a medium invest-
36 lio is largely built up of fixed deposits ment horizon of three to five years.
and corporate bonds. The fund does
29
take reasonable exposures to bonds -<5+4(5(.,9:
rated below AAA, though it doesn’t to
22
go too deep down the credit-quality z Anupam Tiwari since Oct-16
15 curve. The exposures to A and below z R Sivakumar since Jul-15
Sep 2015 May 2020 rated bonds are fairly limited.

FUND
5(*8/$5 ',5(&7
,&,&,358'(17,$/(48,7<6$9,1*6

ANALYST’S
CH ICE The able navigator
The fund boosts its returns and contains the downside
by altering its equity allocation as per the prevailing
market conditions
,_WLUZLYH[PV Launched in 2014, this fund ranks up of AA+ bonds and term deposits.
among the better and bigger funds in The fund has steadily increased expo-
DIRECT
0.70 1.02 the category. Owing to its consistent sure to the medium-grade bonds
MIN FUND MEDIAN MAX
performance, the fund has been able while exiting the top-rated ones, but
0.17 1.77 to retain its good ratings. it hasn’t gone below those rated AA-.
REGULAR
Like many other funds in this cate-
MIN
1.36 2.16
MAX
Management style gory, the duration in this fund is
FUND MEDIAN
As per its stated asset allocation, the dynamically managed. Since its start,
1.36 2.56 net (unhedged) equity allocation can the fund’s average maturity has shuf-
Data as of May 2020 vary in a wide range of 15–50 per fled between eight years to less than
cent. The fund does make use of flexi- one year.
bility and the asset allocation is man-
-\UK]ZJH[LNVY` aged fairly dynamically. In the last Performance and expenses
Since February 2018, the fund has
five years, the net equity allocation The fund’s methodical approach to
stayed ahead of the category.
has touched a low of 15 per cent but lower the net equity allocation with
12 % Fund Category average
also gone up to 48 per cent. every rise in the market has helped it
9 As the equity market ticks up, the contain the downside better than its
fund pares down the net equity expo- peers over short periods. Barring the
6 sure, and as and when a sharp correc- recent market fall after the announce-
tion occurs, it re-deploys swiftly. This ment of lockdown, the fund has gener-
3 approach has worked well for the ally fallen less than the category in
fund. It ensures that by the time the most three-month periods. But that
0
market peaks out, the fund’s net equi- hasn’t come at the cost of performance
-3 ty allocation is already trending in over a medium term of three years.
Dec 2017 Apr 2020 lower ranges. As a result, it has been Its low expense ratio adds further
Based on 3Y rolling returns
able to protect the downside better to its appeal. The expense ratio of the
than peers while beating them over regular plan (1.36 per cent) is current-
longer time frames. ly the lowest in the category, while
(ZZL[HSSVJH[PVU It doesn’t have a style bias while the direct plan (0.70 per cent) is also
Since September 2018, the fund has
picking stocks. However, some degree amongst the cheapest. In categories
cut its arbitrage exposure and raised its
equity exposure. of value orientation, which the equity which have a moderate return profile,
franchise at ICICI Prudential Mutual such as this one, expenses do make a
60 % of AUM
Arbitrage Debt & cash Equity Fund very closely aligns with, is visi- difference.
50 ble in its overweight positions in the
energy sector and select telecom picks. -<5+4(5(.,9:
40 In terms of spread across mar-
ket-cap segments, the fund’s equity z Kayzad Eghlim since Apr-17
30
allocation resembles a true multi-cap
z Manish Banthia since Nov-14
portfolio. Of late, some of the large-
20
cap investments have made way for z Prakash Gaurav Goel since Oct-17
10 smaller stocks. z Sankaran Naren since Nov-14
May 2015 May 2020 The debt portion is mainly made

ASK
EXPERT ADVICE
No returns after five years to this dramatic decline, the stocks of

I have been investing continuously in many strong companies are still available
OWVWCNHWPFUVJTQWIJ5+2UHQTſXG[GCTU at affordable valuations in spite of the
But as I can see, my returns are zero right recent recovery. Such companies are more
PQY+JCXGCNUQCPCN[UGFO[RTGXKQWU likely to return to normalcy and be able to
investments and realised that the market grow and restore their earnings. This will
Investing in the IQGUFQYPKPGXGT[HQWTſXG[GCTUCPF again boost equity returns.
stock market O[TGVWTPUDGEQOG\GTQ5QJQYYQWNF+ The last three months have been a
directly RQEMGVICKPUHTQOOWVWCNHWPFU!1TUJQWNF washout of sorts and even the next six
depends on +KPXGUVFKTGEVN[KPUVQEMU! months may turn out to be like that.
– RAJESH Further, things will take time to normalise
whether you
Investing in the stock market directly and many businesses may permanently
have the
depends on whether you have the required face losses. But if you leave aside the next
required
temperament, skills and time. If you do, six to eight months, over the next five
temperament, years, equity can help you beat inflation
you will save on the expense ratio that you
skills and time pay in mutual funds. But here you won’t and fixed-income returns.
have the convenience of investing small It’s also likely that there will be an
amounts monthly as you do with SIPs. overall fall in returns owing to low infla-
As for your question on pocketing gains, tion and interest rates. Some 10–20 years
there is a simple way to do so. Follow an ago, equity used to give returns in the
asset allocation of 60:40 – 60 per cent in range of 12–15 per cent. But today, even if
equity and 40 per cent in fixed income. one is able to get long-term equity returns
Review it regularly and rebalance at least in the range of 10–12 per cent, then that
once every year. Say, if your equity alloca- would also be called a good return.
tion becomes 66 per cent, withdraw 6 per
cent and invest it in fixed income. This is a The curious case of ABSL Value
very methodical and automatic way of buy- +ŏXGKPXGUVGFKP#$5.2WTG8CNWG(WPF
Today, if one is ing low and selling high. It will help you YJKEJKUKPCDQWVRGTEGPVNQUU5JQWNF+
able to get book profits systematically. book the loss and move to some other fund
long-term CUCRCTVQHRQTVHQNKQTGDCNCPEKPI!
equity returns Are FDs better than equity? – ARUN RAMACHANDRAN
in the range of 1XGTVJGNCUVſXG[GCTU(&UJCXGOCP- The value strategy of investing has been a
10–12 per CIGFVQFGNKXGTDGVVGTVJCPGSWKV[5QFQ test of patience and value funds have been
cent, then that [QWVJKPMVJCV(&QTIQNFYKNNFGNKXGTDGVVGT extremely disappointing across the board.
would also be VJCPGSWKV[KPVJGPGZVſXG[GCTUQTKUGSWK- ABSL Pure Value Fund was a very small
called a good V[UVKNNCUWRGTKQTQRVKQP! fund and had just about `100 crore for
– GAURAV quite some time. Suddenly, it just went
return
While FD returns may look better then ballistic and many investors started chas-
equity returns, also remember that there ing it. This is a classic case of a fund doing
has been a downtrend even in FD rates very well in a narrow time period and
and those returns are also taxable. Equity investors chasing that and getting disap-
returns have diminished because of the pointed. Cut your losses and spread the
abrupt fall in the market in March. Owing proceeds across your remaining portfolio.

Planning short-term expenses there are two-three possible scenarios. If
1YKPIVQVJGNQEMFQYP+JCFVQUJWVO[ this money is meant for handling emer-
UJQR#NVJQWIJ+FQJCXGCPGOGTIGPE[ gencies, then let it be invested only in
fund and several other investments, I don’t ultra-short-term or liquid funds. If this is
MPQYJQYVQRNCPO[UJQTVVGTOGZRGPUGU a long-term investment, say, you want to
Avoid investing
#RCTVQHO[GOGTIGPE[HWPFKUKPO[DCPM leave a bigger estate for your children,
which should be adequate to meet my then you can invest this money in aggres-
lump sums in
VYQOQPVJGZRGPUGU$WVVJGTGOCKPKPIKU sive hybrid funds.
equity funds.
in debt funds, which were recently affected To reduce your risk, park this money in Spread the
D[ETGFKVGXGPVU+H+VCMGQWVVJKUOQPG[ a liquid fund first and then, spread this lump sum over
+OC[PQVDGPGſVHTQOVJGUGKPXGUVOGPVU investment over the next 18 months or so. the next few
GURGEKCNN[KHVJGKUUWGUCTGTGUQNXGFKPVJG This is known as a systematic transfer months and
HWVWTG9JCVUJQWNF+FQ! plan (STP) from a liquid to an aggressive invest it
– RAVI SHINDE hybrid fund. Note that both the liquid and systematically.
It’s good that you have the money to cater aggressive hybrid funds should be from
to your two-month expenses in your bank the same fund house to do an STP.
account. Create a hierarchy of your rela-
tively short-term investments – those Comparing fund performance
which can be realised in the short term 9JGPVJGOCTMGVKUHCNNKPIJQYUJQWNF
without much of an impact. You can also +GXCNWCVGVJGRGTHQTOCPEGQHVJGHWPFU
include your debt fund investments here. KPO[RQTVHQNKQ!5JQWNF+EQORCTGVJGKT
This is because if you have investments in returns only over the last two weeks with
a debt fund having issues related to credit VJQUGQHVJGRGGTUQTUJQWNF+EQORCTG
blow-ups, owing to which the fund house NQPIVGTOTGVWTPUNKMGſXGQTUGXGP[GCTU!
segregated that exposure, then you would – MANU SINGH Don’t compare
not be deprived of any benefits related to Don’t compare your returns frequently your returns
the recovery of that specific exposure. So, because your inferences will change every frequently
you can well take your money out from day, given the current volatility. There because your
the main fund, while the side-pocketed will be different kinds of funds gaining or inferences will
exposure remains as your asset. As and losing by wide margins every day. This change every
when the issue resolves, you’ll get your may lead to confusion. This is the time to day, given the
money back. follow the basic principles. Most impor- current volatility
tantly, check whether you have a diversi-
Parking `10 lakh fied portfolio on an aggregate basis. A
+ŏOC[GCTQNFIQXGTPOGPVRGPUKQPGT+P diversified portfolio is comprised of three-
VJGRTGUGPVUKVWCVKQPYJGTGECP+RCTM`10 four multi-cap funds or a combination of
NCMJUCHGN[! large-, mid- and small-cap funds, with the
– CHANDRA maximum allocation in the large-cap ones.
Though you haven’t provided enough Once you have a diversified portfolio, just
information, for a 79-year-old person, continue with your SIPs.
An Investor Education & Awareness Initiative by

A webinar series to discuss
savings and investment issues
and answer your questions
;VWVZ[`V\YX\LY`]PZP[! www.ValueResearchOnline.com/Hangouts

* The individual is assumed to earn a taxable income of more than `5 Crore. The effective tax rate is 30% marginal tax + 37% surcharge on the tax rate + 4% Health and Education cess = 42.74% i.e. highest
marginal tax bracket. The individual is assumed to utilise the complete tax deduction limit of `150,000 per financial year under Section 80C. This deduction is allowed to an Individual or an HUF. This is only
to illustrate the tax saving potential of ELSS and is not a tax advice. Please consult your tax consultant for tax purpose. This is applicable assuming the person is in the old tax regime. The Finance Bill, 2020
has proposed a New Personal Tax Regime where most of the deductions/exemptions such as section 80C, 80D, etc. are to be foregone. This is however optional.

It invests in diversified stocks.

SCOREBOARD FUND CLASSIFICATION
EQUITY No. of funds
HYBRID No. of funds
Large cap At least 80% in large caps 125 Aggressive hybrid 65–80% in equity and the rest in debt 46
Large & mid cap At least 35% each in large and Balanced hybrid 40–60% in equity and the rest in debt 10
mid caps 28
Conservative hybrid 10–25% in equity and the rest in debt 116
Multi cap Any proportion across large, mid
and small caps 103 Equity savings At least 65% in equity and at least
10% in debt 25
Mid cap At least 65% in mid caps 34
Arbitrage Investments in arbitrage opportunities 26
Small cap At least 65% in small caps 45
Dynamic asset Dynamic asset allocation 25
Value-oriented Following the value strategy 19 allocation between equity and debt
ELSS Across proportion across large, Multi asset Investments in 3 different asset classes, 16
mid and small caps 66 allocation with a minimum 10% in all three
Sectoral/ At least 80% in a particular

thematic* sector or theme 117 COMMODITIES
International More than 65% in foreign equities 39 Gold Investment in gold 21
DEBT No. of funds

Long duration Instruments with Macaulay duration greater than 7 years 4
Medium to long duration Instruments with Macaulay duration between 4 and 7 years; under anticipated adverse situation, 1 year to 4 years** 15
Medium duration Instruments with Macaulay duration between 3 and 4 years; under anticipated adverse situation, 1 year to 4 years** 27
Short duration Instruments with Macaulay duration between 1 year and 3 years 32
Money market Money-market instruments having maturity up to 1 year 20
Low duration Instruments with Macaulay duration between 6 and 12 months 30
Ultra short duration Instruments with Macaulay duration between 3 and 6 months 31
Liquid Debt and money-market securities with maturity of up to 91 days 42
Overnight Securities having maturity of 1 day 30
Dynamic bond Investments across durations 35
Corporate bond At least 80% in AA+ and above-rated corporate bonds 21
Credit risk At least 65% in AA and below-rated corporate bonds 31
Banking and PSU At least 80% in the debt instruments of banks, PSUs, public financial institutions and municipal bonds 19
Floater At least 65% in floating-rate instruments (including fixed-rate ones converted to floating rate) 7
Gilt At least 80% in government securities 23
Gilt with 10-year At least 80% in government bonds such

constant duration that the average maturity of the portfolio is 10 years 5
FMP Investment for a pre-defined term 770
*Include dividend-yield funds. **Anticipated adverse situation is if the fund manager expects the interest rates to move adversely

SCOREBOARD GUIDE
The Value Research Scoreboard is designed to help you make the best possible investment deci-
sions. The Scoreboard captures essential data on every mutual fund scheme in an easy-to-use for-
mat. The data are updated each month and undergo rigorous validation. In the following pages,
you will find the details of both regular and direct plans.
Rating: The Value Research fund rating

system is a risk-adjusted rating system, represented
by a convenient composite measure of both returns
and risk.
It is purely quantitative and has no subjective
component. It gives a quick summary of how a fund Rank
has performed historically relative to its peers. Funds are ranked
z For equity and hybrid funds, the system com- based on their
bines three- and five-year performance periods. return position in
z For debt funds, fund ratings are based on the respective Value
eighteen-month weekly risk-adjusted perfor- Research fund cate-
mance. gory. In case of a tie,
z Equity funds with a minimum performance histo- the subsequent rank
Fund Name ry of three years and debt funds with a minimum is skipped. For
The fund name is history of 18 months are only rated. example, if three
listed alphabeti- z There have to be at least ten funds in a category funds are ranked 7,
cally in each row. for it to be rated and the fund must have at least then the subsequent
The first row (in `5 crore average AUM in the past six months. fund is assigned
bold) indicates the The distribution of ratings is as follows: rank 10. Speciality
name of the cate- Top 10% funds Next 22.5% equity funds are not
gory and its aver- Middle 35% Next 22.5% ranked due to their
age returns. Bottom 10% NR Not rated diverse objectives.
REGULAR DIRECT
Return (%) Rank Return (%) Rank Assets
No Fund Name Rating 1Y 3Y 5Y 10 Y 3 Y 5 Y Expense NAV Rating 1Y 3Y 5 Y 3 Y 5 Y Expense NAV (` cr)
No.
A serial number is generated Return
for every fund scheme and is Return calculations are based on month-end net asset values
the first column of the (NAVs), assuming reinvestment of dividends, readjusted for
Scoreboard. To locate a spe- any bonus or rights. The return is computed by adjusting for
cific fund, look for this num- the dividend tax paid by the fund in the past. All trailing
ber in the Index against the returns for one-year period and above are annualised, while
name of the fund. returns for less than one year are absolute.
Expense, NAV, Assets

This section details information about the fund’s average expense ratio, NAV and AUM. The expense ratio indicates
the recurring per cent charge levied by the fund to manage assets, and the NAV is the per unit market price.

For more on funds, visit www.valueresearchonline.com
Equity REGULAR DIRECT

Equity: Large Cap -10.7 2.7 4.8 7.8 85 68 -10.3 2.7 5.4 52 49
1 ABSL Focused Eqt -10.5 0.9 4.9 10.0 64 35 2.12 54.42 -9.7 1.9 6.0 35 15 1.12 58.46 3597
2 ABSL Frontline Eqt -13.2 -0.7 3.8 9.0 77 55 1.86 197.12 -12.6 0.1 4.8 44 36 1.11 210.55 16027
3 ABSL Index -12.0 2.8 4.3 6.7 49 51 0.58 101.46 -11.8 3.0 4.6 27 41 0.33 102.24 181
4 ABSL Nifty ETF NR -11.7 3.7 5.4 - 33 21 0.05 112.52 NR - - - - - - - 152
5 ABSL Nifty Next 50 ETF NR -4.5 - - - - - 0.05 260.36 NR - - - - - - - 60
6 ABSL Sensex ETF NR -10.4 1.7 - - 62 - 0.08 328.20 NR - - - - - - - 12
7 Axis Bluechip -4.2 8.8 8.2 10.3 1 1 1.79 28.69 -3.1 10.3 9.5 1 1 0.44 31.33 13003
8 Axis Nifty 100 Index NR - - - - - - 1.00 8.89 NR - - - - - 0.15 8.94 318
9 Axis Nifty ETF NR -11.7 - - - - - 0.07 1064.59 NR - - - - - - - 6
10 Baroda Large Cap -9.6 0.8 2.7 2.9 65 - 2.55 13.41 -8.9 1.6 3.5 36 - 1.93 14.13 29
11 BHARAT 22 ETF NR -35.1 - - - - - 0.01 25.35 NR - - - - - - - 4904
12 BNP Paribas Large Cap -5.0 3.1 5.0 10.6 40 34 2.39 87.14 -3.9 4.5 6.2 9 10 1.24 94.61 747
13 Canara Robeco Bluechip Eqt -1.4 6.8 7.5 - 5 2 2.55 25.16 0.0 8.2 8.8 2 2 1.04 27.15 459
14 DSP Equal Nifty 50 NR -16.9 - - - - - 0.82 8.35 NR -16.5 - - - - 0.39 8.46 95
15 DSP Nifty 50 Index NR -12.3 - - - - - 0.41 9.58 NR -12.2 - - - - 0.21 9.61 64
16 DSP Nifty Next 50 Index NR -6.1 - - - - - 0.59 9.89 NR -5.8 - - - - 0.29 9.93 58
17 DSP Top 100 Equity -12.7 0.2 3.4 7.0 71 62 2.19 185.02 -12.1 0.9 4.1 39 46 1.44 194.21 2042
18 Edelweiss ETF Nifty 100 Quality 30 NR -6.3 3.9 - - 20 - 0.28 260.69 NR - - - - - - - 16
19 Edelweiss ETF Nifty 50 NR -11.9 3.8 5.8 - 23 13 0.07 11118.45 NR - - - - - - - 2
20 Edelweiss Large Cap -9.9 3.3 4.6 9.5 36 43 2.44 32.79 -8.5 4.5 5.6 8 20 0.59 34.83 162
21 Essel Large Cap Equity -12.1 -0.9 4.4 - 78 50 2.55 20.62 -10.8 0.5 5.8 42 16 0.28 22.80 76
22 Franklin Bluechip -12.7 -1.1 2.7 7.6 81 66 1.97 407.38 -12.0 -0.2 3.6 46 47 1.24 433.46 4893
23 Franklin Index NSE Nifty -12.7 2.5 4.2 6.9 54 52 0.84 81.27 -12.3 3.0 4.7 28 38 0.26 83.71 293
24 HDFC Index Nifty 50 -12.3 3.4 5.0 7.3 35 33 0.30 93.95 -12.1 3.6 5.1 19 27 0.10 95.17 1492
25 HDFC Index Sensex -11.1 4.7 5.5 7.7 14 17 0.30 310.13 -10.9 4.9 5.7 6 18 0.10 314.76 1212
26 HDFC Nifty 50 ETF NR -11.8 3.8 - - 25 - 0.05 1083.27 NR - - - - - - - 387
27 HDFC Sensex ETF NR -10.5 5.2 - - 9 - 0.05 3689.41 NR - - - - - - - 89
28 HDFC Top 100 -21.7 -1.1 3.7 7.6 80 59 1.87 403.37 -21.3 -0.4 4.4 48 43 1.27 423.46 14468
29 HSBC Large Cap Eqt -9.0 2.0 5.4 7.1 60 19 2.51 195.15 -8.1 2.8 6.2 31 11 1.58 206.71 550
30 ICICI Pru BHARAT 22 FOF NR -34.3 - - - - - 0.01 7.54 NR -34.3 - - - - 0.01 7.54 14
31 ICICI Pru Bluechip -11.8 2.1 5.6 10.0 58 16 1.73 38.07 -11.3 3.0 6.5 29 8 1.10 40.56 21766
32 ICICI Pru Nifty 100 ETF NR -10.9 3.0 5.3 - 43 24 0.46 112.55 NR - - - - - - - 12
33 ICICI Pru Nifty ETF NR -11.7 3.8 5.4 - 28 18 0.05 108.82 NR - - - - - - - 1260
34 ICICI Pru Nifty Index -12.1 3.0 4.6 7.3 44 44 0.45 99.92 -11.7 3.4 5.0 22 30 0.10 102.95 851
35 ICICI Pru Nifty Low Vol 30 ETF NR -3.3 - - - - - 0.42 86.45 NR - - - - - - - 70
36 ICICI Pru Nifty Next 50 ETF NR -5.3 - - - - - 0.15 25.97 NR - - - - - - - 30
37 ICICI Pru Nifty Next 50 Index -6.0 -0.7 5.7 8.5 76 15 0.70 22.72 -5.6 -0.3 6.1 47 14 0.49 23.47 769
38 ICICI Pru NV20 ETF NR -8.6 8.1 - - 4 - 0.15 51.62 NR - - - - - - - 7
39 ICICI Pru Sensex ETF NR -10.4 5.2 5.9 8.4 12 10 0.08 373.70 NR - - - - - - - 28
40 ICICI Pru Sensex Index NR -10.3 - - - - - 0.30 10.95 NR -10.1 - - - - 0.10 11.02 115
41 IDBI Focused 30 Eqt NR -7.7 - - - - - 2.52 9.15 NR -6.7 - - - - 1.67 9.61 141
42 IDBI India Top 100 Eqt -6.2 -0.1 3.2 - 72 63 2.50 22.76 -5.1 1.5 4.6 37 39 1.42 24.68 319
43 IDBI Nifty Index -12.6 2.3 3.8 6.5 55 56 1.03 18.97 -11.9 3.4 4.9 23 33 0.30 20.22 181
44 IDBI Nifty Junior Index -5.6 -1.0 5.1 - 79 32 1.04 19.43 -5.0 -0.2 6.1 45 13 0.49 20.69 43
45 IDFC Large Cap -8.5 1.9 4.4 7.2 61 48 2.62 30.18 -7.6 2.8 5.7 30 17 1.58 32.62 410
46 IDFC Nifty -11.4 3.7 5.2 7.9 30 27 0.30 21.54 -11.3 3.8 5.3 13 24 0.15 21.70 191
47 IDFC Nifty ETF NR -11.4 3.9 - - 21 - 0.06 107.29 NR - - - - - - - 1
48 IDFC Sensex ETF NR -10.1 5.3 - - 8 - 0.20 363.38 NR - - - - - - - 1
49 Indiabulls Bluechip -15.1 0.7 5.2 - 66 26 2.43 18.51 -13.9 2.3 7.0 32 5 1.03 20.71 123
S&P BSE 100 Total Return Index -11.4 3.1 5.6 8.1
Performance as on June 30, 2020 AUM and Expense Ratio as on May 31, 2020


Equity: Large Cap -10.7 2.7 4.8 7.8 85 68 -10.3 2.7 5.4 52 49
50 Indiabulls Nifty 50 ETF NR -11.0 - - - - - 0.12 105.08 NR - - - - - - - 10
51 Invesco India Large Cap -8.4 2.3 4.8 8.4 56 38 2.58 26.47 -7.2 3.9 6.5 12 9 1.40 29.60 192
52 Invesco India Nifty ETF NR -11.8 3.8 5.4 - 29 20 0.10 1106.11 NR - - - - - - - 2
53 JM Core 11 -17.1 -0.6 5.1 5.0 75 30 1.62 7.57 -15.6 0.8 6.7 41 6 1.22 8.34 44
54 JM Large Cap -1.8 2.8 3.4 6.1 48 61 1.99 65.57 -0.8 3.8 4.7 14 37 0.48 71.04 548
55 Kotak Bluechip -7.8 2.1 4.9 8.3 59 36 2.24 218.81 -6.8 3.3 6.2 24 12 1.14 236.83 1406
56 Kotak Nifty ETF NR -11.9 3.7 5.1 7.7 31 31 0.14 106.93 NR - - - - - - - 976
57 Kotak NV 20 ETF NR -9.0 8.2 - - 3 - 0.13 52.53 NR - - - - - - - 12
58 Kotak Sensex ETF NR -10.7 5.0 5.7 8.1 13 14 0.28 360.93 NR - - - - - - - 12
59 L&T India Large Cap -11.9 1.4 3.5 8.0 63 60 2.63 24.72 -11.1 2.2 4.3 33 44 1.65 26.13 480
60 L&T Nifty 50 Index Fund NR - - - - - - 0.69 11.52 NR - - - - - 0.24 11.53 29
61 L&T Nifty Next 50 Index Fund NR - - - - - - 0.66 11.15 NR - - - - - 0.21 11.16 15
62 LIC MF ETF Nifty 100 NR -11.0 3.1 - - 41 - 0.26 109.23 NR - - - - - - - 271
63 LIC MF ETF Nifty 50 NR -11.6 3.8 - - 26 - 0.10 108.14 NR - - - - - - - 440
64 LIC MF ETF Sensex NR -10.5 5.3 - - 6 - 0.10 368.49 NR - - - - - - - 346
65 LIC MF Index Nifty -12.3 2.6 4.1 6.8 53 54 1.03 56.82 -11.9 3.1 4.6 26 40 0.48 58.97 22
66 LIC MF Index Sensex -10.9 4.1 4.4 7.0 18 47 1.08 64.91 -10.6 4.5 5.0 7 32 0.57 67.36 22
67 LIC MF Large Cap -8.0 2.7 3.7 7.3 50 57 2.63 25.12 -7.1 3.8 4.8 15 35 1.59 26.87 309
68 Mahindra Mnulife Largecap Prgti Yjn NR -9.3 - - - - - 2.56 9.22 NR -7.5 - - - - 0.68 9.46 85
69 Mirae Asset Large Cap -11.1 3.1 7.3 11.9 42 3 1.72 46.27 -10.2 4.0 8.3 11 3 0.65 49.53 15175
70 Mirae Asset Nifty 50 ETF NR -11.7 - - - - - 0.07 104.47 NR - - - - - - - 145
71 Mirae Asset Nifty Next 50 ETF NR - - - - - - 0.14 258.29 NR - - - - - - - 32
72 Motilal Oswal Focused 25 -3.5 2.8 5.9 - 47 7 2.31 21.59 -2.4 4.1 7.3 10 4 0.91 23.78 1122
73 Motilal Oswal M50 ETF NR -12.0 3.3 4.7 - 37 41 0.05 100.79 NR - - - - - - - 24
74 Motilal Oswal Nifty 50 Index NR - - - - - - 0.50 8.46 NR - - - - - 0.10 8.48 38
75 Motilal Oswal Nifty Next 50 Index Fund NR - - - - - - 0.95 9.08 NR - - - - - 0.30 9.11 32
76 Nippon India ETF Junior BeES NR -4.7 0.3 6.2 9.1 69 6 0.15 268.34 NR - - - - - - - 1094
77 Nippon India ETF Nifty 100 NR -11.7 2.3 4.7 - 57 39 0.97 107.59 NR - - - - - - - 6
78 Nippon India ETF Nifty BeES NR -11.7 3.8 5.3 8.0 22 23 0.05 109.43 NR - - - - - - - 2749
79 Nippon India ETF NV20 NR -7.6 8.7 7.2 - 2 4 0.37 53.38 NR - - - - - - - 23
80 Nippon India ETF Sensex NR -10.5 5.2 5.9 - 11 8 0.07 373.99 NR - - - - - - - 19
81 Nippon India ETF Sensex Next 50 NR - - - - - - 0.25 27.74 NR - - - - - - - 10
82 Nippon India ETF Shariah BeES NR -0.6 4.6 5.8 7.5 16 11 1.05 252.12 NR - - - - - - - 2
83 Nippon India Index Nifty -12.7 2.7 4.2 - 51 53 1.11 17.18 -11.9 3.5 4.9 21 34 0.10 17.94 234
84 Nippon India Index Sensex -11.0 4.3 4.8 - 17 37 0.55 17.23 -10.4 5.0 5.4 5 23 0.10 17.90 79
85 Nippon India Junior BeES FoF NR -5.5 - - - - - 0.43 9.42 NR -5.3 - - - - 0.17 9.46 60
86 Nippon India Large Cap -22.3 -1.7 3.1 8.5 83 64 1.91 27.84 -21.6 -0.8 4.1 49 45 1.03 29.76 9450
87 PGIM India Large Cap -12.2 0.5 3.7 7.2 68 58 2.48 151.35 -11.1 1.9 5.2 34 26 0.99 166.39 265
88 Principal Nifty 100 Equal Weight -11.3 -1.5 1.8 5.7 82 67 0.96 63.08 -11.1 -1.1 2.2 50 48 0.72 65.08 15
89 Quant Focused NR -7.8 1.3 6.0 10.4 - - 2.48 29.57 NR -6.4 2.1 6.5 - - 0.57 29.98 4
90 Quantum Nifty ETF NR -11.9 3.7 5.3 7.9 32 25 0.09 1060.32 NR - - - - - - - 6
91 SBI Bluechip -12.4 0.5 4.5 9.5 67 46 1.90 35.46 -11.7 1.4 5.6 38 21 1.04 37.89 19632
92 SBI ETF BSE 100 NR -11.8 2.9 5.4 - 45 22 0.14 107.75 NR - - - - - - - 3
93 SBI ETF Nifty 50 NR -11.8 3.8 - - 24 - 0.07 106.27 NR - - - - - - - 61212
94 SBI ETF Nifty Next 50 NR -4.9 0.2 6.6 - 70 5 0.16 265.28 NR - - - - - - - 437
95 SBI ETF Quality NR -1.3 - - - - - 0.50 94.14 NR - - - - - - - 19
96 SBI ETF Sensex NR -10.5 5.2 5.9 - 10 9 0.07 371.95 NR - - - - - - - 23313
97 SBI ETF Sensex Next 50 NR -13.9 - - - - - 0.12 280.67 NR - - - - - - - 3
98 SBI Nifty Index -12.8 2.9 4.5 6.9 46 45 0.68 88.14 -12.4 3.3 5.0 25 31 0.28 90.99 824


Equity: Large Cap -10.7 2.7 4.8 7.8 85 68 -10.3 2.7 5.4 52 49
99 Sundaram Select Focus -9.5 4.1 5.8 7.0 19 12 2.39 167.36 -8.8 5.3 6.6 3 7 1.45 176.48 923
100 Sundaram Smart NIFTY 100 Equal Wght -11.3 -2.2 - - 85 - 0.95 10.42 -10.9 -1.4 - 51 - 0.43 10.68 20
101 Tata Index Nifty -12.2 3.2 4.6 7.0 39 42 1.00 62.42 -11.8 3.6 5.1 18 28 0.05 66.39 43
102 Tata Index Sensex -10.9 4.6 5.1 7.2 15 29 1.00 86.30 -10.3 5.1 5.7 4 19 0.05 89.37 25
103 Tata Large Cap -17.2 -0.4 3.0 7.1 74 65 2.54 190.31 -16.4 0.8 4.4 40 42 1.73 208.15 633
104 Tata Nifty ETF NR -11.6 - - - - - 0.07 104.66 NR - - - - - - - 125
105 Taurus Largecap Equity -13.3 -2.1 0.6 4.8 84 68 2.57 65.26 -13.1 -1.6 1.5 52 49 2.42 68.70 21
106 Taurus Nifty Index NR -11.5 3.3 4.4 6.7 38 49 1.09 19.35 NR -11.3 3.6 5.1 17 29 0.74 20.33 1
107 Union Large Cap -10.7 -0.3 - - 73 - 2.55 9.81 -10.2 0.4 - 43 - 1.87 10.03 163
108 UTI Mastershare -8.2 2.6 4.7 8.3 52 40 1.90 112.78 -7.5 3.5 5.5 20 22 1.23 118.19 5519
109 UTI Nifty ETF NR -11.8 3.8 - - 27 - 0.07 1093.15 NR - - - - - - - 14870
110 UTI Nifty Index -12.0 3.6 5.2 7.4 34 28 0.17 67.66 -11.9 3.6 5.2 16 25 0.10 68.26 2147
111 UTI Nifty Next 50 ETF NR -4.5 - - - - - 0.15 265.95 NR - - - - - - - 322
112 UTI Nifty Next 50 Index NR -5.2 - - - - - 0.77 9.19 NR -4.7 - - - - 0.27 9.30 539
113 UTI S&P BSE Sensex Next 50 ETF NR -13.9 - - - - - 0.22 280.19 NR - - - - - - - 13
114 UTI Sensex ETF NR -10.4 5.3 - - 7 - 0.07 369.64 NR - - - - - - - 6491
Equity: Large & MidCap -10.6 -0.5 4.8 8.9 21 20 -9.4 0.7 5.8 20 20
115 ABSL Eqt Advantage -12.2 -2.6 4.1 8.8 17 12 2.09 360.68 -11.4 -1.6 5.2 16 12 1.09 384.43 3793
116 Axis Growth Opportunities NR 1.0 - - - - - 2.30 11.12 NR 2.7 - - - - 0.50 11.47 1067
117 BOI AXA Large & Midcap Eqt -8.8 -1.5 2.6 6.1 12 16 2.76 31.10 -7.7 -0.3 3.9 12 16 1.60 33.87 156
118 Canara Robeco Emerging Equities -7.2 1.4 8.2 15.2 8 2 1.96 87.66 -6.1 2.6 9.5 6 2 0.77 94.85 4788
119 DSP Equity Opp -7.3 1.4 6.9 9.6 6 4 1.96 204.81 -6.4 2.5 7.9 8 6 0.97 217.86 4343
120 Edelweiss Large & Midcap -10.0 2.6 4.9 8.7 3 10 2.50 28.72 -8.6 3.9 6.0 3 10 0.92 31.26 438
121 Essel Large & Midcap NR -15.0 -1.8 - - - - 2.60 13.30 NR -13.5 -0.1 - - - 0.42 14.41 84
122 Franklin Eqt Advantage -20.4 -4.5 0.5 7.9 19 20 2.13 63.79 -19.7 -3.7 1.3 19 19 1.12 67.46 1836
123 HDFC Growth Opportunities -15.9 -1.8 1.5 4.9 13 17 2.44 96.94 -15.7 -1.6 1.6 15 18 2.11 98.23 1117
124 HSBC Large and Midcap Eqt NR -10.3 - - - - - 2.44 8.93 NR -8.8 - - - - 0.82 9.12 548
125 ICICI Pru Large & Midcap -16.2 -2.2 3.7 8.3 14 14 2.16 277.76 -15.6 -1.3 4.7 14 14 1.63 297.40 2689
126 ICICI Pru Midcap Select ETF NR -15.7 -4.7 - - 20 - 0.45 55.49 NR - - - - - - - 18
127 IDFC Core Equity -15.8 -2.5 3.8 6.6 15 13 2.13 38.20 -14.7 -1.1 5.4 13 11 0.89 41.95 2001
128 Invesco India Growth Opp -8.7 3.7 5.9 10.0 2 7 2.02 31.35 -7.7 5.1 7.5 2 7 1.04 34.84 2285
129 Kotak Equity Opportunities -5.2 2.4 6.8 9.9 4 6 2.10 114.54 -4.2 3.6 8.1 4 5 0.90 123.98 3009
130 L&T Large and Midcap -10.8 -2.5 3.3 9.2 16 15 2.34 42.07 -10.0 -1.7 4.2 17 15 1.42 44.51 1066
131 LIC MF Large & Midcap -8.5 0.9 6.9 - 9 5 2.47 13.76 -7.1 2.5 8.3 9 3 0.59 14.74 587
132 Mahindra Manulife Top 250 Nivsh Yjn NR - - - - - - 2.49 8.96 NR - - - - - 0.62 9.04 193
133 Mirae Asset Emerging Bluechip -4.6 4.3 11.5 - 1 1 1.87 51.63 -3.7 5.2 12.5 1 1 0.86 55.30 8808
134 Motilal Oswal Large and Midcap NR - - - - - - 2.49 9.15 NR - - - - - 0.64 9.26 405
135 Nippon India Vision -17.4 -5.3 0.6 5.4 21 19 2.24 447.75 -17.0 -4.7 1.2 20 20 1.78 469.14 2024
136 Principal Emerging Bluechip -7.4 0.5 7.0 12.2 11 3 2.15 96.19 -6.4 1.7 8.2 10 4 1.03 103.32 1782
137 Quant Large & Midcap NR 3.2 1.9 8.9 11.2 - - 2.48 38.10 NR 3.3 2.2 9.1 - - 2.38 38.82 4
138 SBI Large & Midcap -12.0 0.5 4.5 9.3 10 11 2.25 196.37 -11.4 1.3 5.1 11 13 1.50 204.40 2411
139 Sundaram Large & Midcap -13.7 1.4 5.9 8.3 7 8 2.41 30.26 -12.7 2.6 6.8 7 9 1.00 32.10 1025
140 Tata Large & Midcap -9.6 1.9 5.3 9.1 5 9 2.23 191.15 -8.5 3.2 6.8 5 8 1.17 209.17 1397
141 Union Large & Midcap NR - - - - - - 2.49 9.19 NR - - - - - 1.44 9.24 184
142 UTI Core Equity -16.2 -3.7 1.4 6.9 18 18 2.51 52.17 -15.8 -3.2 1.9 18 17 2.12 53.96 665
S&P BSE Large Mid Cap TRI -11.0 2.7 5.6 8.3
S&P BSE Sensex Total Return Index -10.4 5.3 6.0 8.5


Equity: Multi Cap -9.8 0.9 4.8 8.7 42 40 -8.8 1.9 5.8 42 40
143 ABSL Bal Bhavishya Yojna Wealth NR -5.3 - - - - - 2.60 9.85 NR -3.4 - - - - 0.70 10.12 223
144 ABSL Equity -11.7 -0.7 6.2 9.5 29 11 1.96 641.34 -11.0 0.3 7.3 28 10 0.98 687.15 9648
145 ABSL Retirement 30s NR -5.3 - - - - - 2.65 9.48 NR -3.5 - - - - 1.00 9.71 123
146 Axis Focused 25 -5.5 5.6 8.3 - 5 6 1.92 27.01 -4.4 6.9 9.6 4 5 0.65 29.57 9428
147 Axis Multicap NR -3.9 - - - - - 2.01 11.42 NR -2.5 - - - - 0.50 11.90 5524
148 Baroda Multi Cap -12.0 -1.5 2.4 5.7 34 34 2.45 87.71 -11.3 -0.6 3.2 34 34 1.78 93.72 693
149 BNP Paribas Focused 25 Eqt NR -7.6 - - - - - 2.47 9.06 NR -6.3 - - - - 1.11 9.40 172
150 BNP Paribas Multi Cap -8.8 0.0 4.2 9.8 25 23 2.43 43.45 -7.6 1.5 5.9 24 19 1.06 48.41 516
151 Canara Robeco Eqt Diversified -5.0 5.5 6.5 9.6 6 9 2.28 130.46 -3.7 6.5 7.4 5 9 0.82 137.38 1924
152 DSP Equity -4.8 4.1 7.0 9.4 8 8 2.08 37.43 -3.9 5.0 7.9 9 8 1.00 40.22 3110
153 DSP Focus -9.7 1.2 3.9 7.5 19 26 2.17 21.39 -8.7 2.1 4.8 20 28 1.09 22.65 1607
154 Edelweiss Multi Cap -14.2 1.5 5.0 - 16 18 2.46 12.73 -12.7 2.9 6.2 15 18 0.71 13.54 484
155 Essel Multi Cap NR -12.4 - - - - - 2.60 9.41 NR -10.7 - - - - 0.58 9.81 165
156 Franklin Equity -13.3 -1.5 2.9 9.6 33 32 1.85 509.35 -12.6 -0.6 3.9 33 30 1.11 545.84 8265
157 Franklin Focused Eqt -16.4 -0.3 3.8 11.4 26 27 1.88 35.60 -15.7 0.7 5.0 26 26 1.05 38.49 6769
158 HDFC Equity -23.5 -2.2 2.8 7.7 36 33 1.93 534.17 -23.1 -1.4 3.6 36 33 1.25 565.38 17495
159 HDFC Focused 30 -21.1 -5.4 1.7 5.4 42 37 2.64 63.11 -20.4 -4.5 2.8 42 37 1.64 67.31 404
160 HDFC Retrmnt Savings Eqt -10.9 0.7 - - 22 - 2.55 15.27 -9.8 2.2 - 19 - 1.22 16.30 767
161 HSBC Multi Cap Eqt -11.9 -1.9 3.0 8.6 35 31 2.51 75.36 -10.9 -1.0 3.8 35 31 1.38 80.04 301
162 ICICI Pru Focused Equity -6.5 2.2 4.6 8.1 13 21 2.59 28.40 -5.5 3.2 5.8 14 22 1.50 30.59 613
163 ICICI Pru Multicap -18.0 -1.2 4.1 8.7 32 25 2.00 245.40 -17.2 -0.2 5.2 32 24 1.06 262.10 4869
164 ICICI Pru Retrmnt Pure Eqt NR -16.7 - - - - - 2.54 8.83 NR -15.0 - - - - 0.34 9.07 58
165 ICICI Pru S&P BSE 500 ETF NR -11.2 - - - - - 0.29 137.54 NR - - - - - - - 47
166 ICICI Prudential India Eqt FOF NR - - - - - - 0.84 8.81 NR - - - - - 0.19 8.83 20
167 IDBI Diversified Eqt -5.7 0.1 3.4 - 24 28 2.45 19.63 -4.5 1.8 4.9 22 27 1.17 21.29 256
168 IDFC Focused Equity -8.7 -0.4 4.2 6.2 27 24 2.25 33.75 -7.5 1.1 5.8 25 21 0.88 37.18 1188
169 IDFC Multi Cap -14.0 -2.5 2.2 10.5 37 35 2.03 80.27 -13.4 -1.8 3.0 37 35 1.33 84.67 4377
170 IIFL Focused Equity -2.7 6.0 8.6 - 3 3 2.29 16.28 -1.3 7.6 10.0 3 3 0.90 17.51 776
171 Invesco India Multicap NR -8.2 -0.7 4.0 12.4 - - 2.37 42.94 NR -7.0 0.8 5.7 - - 1.19 47.83 791
172 ITI Multi Cap NR -12.7 - - - - - 2.63 9.15 NR -10.8 - - - - 0.48 9.37 114
173 JM Multicap -5.4 1.4 5.9 7.3 17 14 2.50 29.77 -4.7 2.2 7.2 18 11 1.32 32.14 117
174 Kotak Focused Equity NR - - - - - - 2.11 9.47 NR - - - - - 0.39 9.63 1454
175 Kotak Standard Multicap -10.9 2.2 7.1 11.1 11 7 1.64 32.31 -10.1 3.3 8.3 13 7 0.72 34.77 25984
176 L&T Equity -12.0 -0.6 3.2 8.2 28 29 2.18 72.86 -11.5 0.1 3.9 29 29 1.42 76.71 2044
177 L&T Focused Equity NR -6.0 - - - - - 2.51 10.25 NR -4.9 - - - - 1.36 10.43 652
178 LIC MF Multicap -7.1 2.0 2.2 5.6 15 36 2.56 44.14 -6.5 2.8 3.0 16 36 1.55 46.49 257
179 Mahindra Manulife MultiCap Bdht Yjn -5.0 1.2 - - 18 - 2.60 10.51 -3.4 3.4 - 12 - 0.86 11.23 287
180 Mirae Asset Focused NR -1.9 - - - - - 1.99 10.48 NR -0.2 - - - - 0.40 10.68 2597
181 Motilal Oswal Multicap 35 -13.2 -1.0 5.5 - 31 16 1.86 23.05 -12.4 -0.1 6.5 31 16 0.82 24.45 9830
182 Motilal Oswal Nifty 500 NR - - - - - - 1.03 9.50 NR - - - - - 0.38 9.55 40
183 Nippon India Focused Equity -16.5 -2.8 4.5 10.2 38 22 2.18 40.05 -15.9 -2.0 5.4 38 23 1.56 42.56 3226
184 Nippon India Multi Cap -27.6 -4.5 -0.1 8.2 40 39 2.01 72.63 -27.1 -3.9 0.6 39 39 1.33 76.79 6954
185 Nippon India Retrmnt Wealth Creation -24.2 -5.2 0.6 - 41 38 2.32 10.30 -23.5 -4.3 1.9 41 38 1.29 11.03 1263
186 Parag Parikh Long Term Equity 5.6 8.9 9.9 - 1 1 2.19 26.63 6.5 9.7 10.7 1 1 1.13 27.78 3186
187 PGIM India Diversified Eqt -2.8 2.2 5.6 - 12 15 2.52 13.32 -1.0 4.2 7.1 11 12 0.54 14.35 135
188 Principal Focused Multicap -3.1 4.0 6.3 8.6 9 10 2.61 62.86 -2.5 4.8 7.1 10 14 1.84 66.16 322
189 Principal Multi Cap Growth -12.6 -0.9 5.5 9.2 30 17 2.51 124.49 -11.9 0.0 6.3 30 17 1.69 131.67 565
190 Quant Active -1.6 5.7 8.4 9.2 4 5 2.48 182.26 -1.6 6.1 8.6 6 6 2.38 184.83 10


Equity: Multi Cap -9.8 0.9 4.8 8.7 42 40 -8.8 1.9 5.8 42 40
191 Quantum Equity FoF -11.0 0.4 5.0 9.0 23 20 0.75 31.78 -10.8 0.6 5.1 27 25 0.51 31.94 41
192 SBI Focused Equity -5.7 6.5 8.9 14.2 2 2 1.99 136.90 -4.7 7.6 10.0 2 4 0.85 146.53 8012
193 SBI Magnum MultiCap -13.9 0.7 6.0 9.2 21 13 2.01 43.14 -13.0 1.8 7.1 23 13 0.99 46.07 7825
194 Shriram Multicap NR -11.3 - - - - - 2.55 9.51 NR -9.7 - - - - 0.65 9.82 50
195 Sundaram Equity NR - - - - - - 2.43 9.17 NR - - - - - 0.45 9.33 501
196 Tata Focused Eqt NR - - - - - - 2.18 8.37 NR - - - - - 0.56 8.48 1121
197 Tata Multicap NR -6.0 - - - - - 2.22 9.96 NR -4.2 - - - - 0.85 10.32 1528
198 Tata Retrmnt Svngs Progressive -5.8 3.4 8.5 - 10 4 2.45 27.83 -4.2 5.0 10.1 8 2 0.90 31.31 681
199 Taurus Starshare (Multi Cap) -17.7 -4.3 -0.2 5.8 39 40 2.59 93.31 -17.6 -4.2 0.4 40 40 2.29 96.82 176
200 Union Focused NR - - - - - - 2.57 10.13 NR - - - - - 1.53 10.22 168
201 Union Multi Cap -7.2 2.0 3.0 - 14 30 2.56 18.46 -6.5 2.7 3.7 17 32 1.73 19.48 297
202 UTI Children’s Career Investment -6.7 1.0 5.0 8.1 20 19 2.84 33.97 -6.0 1.9 5.8 21 20 1.86 35.78 277
203 UTI Equity -3.8 4.9 6.1 10.5 7 12 1.85 136.57 -3.2 5.5 6.6 7 15 1.41 141.02 9057
Equity: Mid Cap -8.3 -1.6 4.5 11.2 22 20 -6.8 -0.3 5.7 21 19
204 ABSL Midcap -17.5 -7.1 1.6 7.9 22 19 2.32 232.23 -16.8 -6.2 2.5 21 19 1.30 247.46 1832
205 Axis Midcap 2.0 8.5 7.9 - 1 2 2.00 37.53 3.4 9.8 9.2 1 2 0.56 41.08 5157
206 Baroda Midcap -5.8 -0.9 0.1 - 10 - 2.51 8.43 -5.1 0.0 0.9 9 - 1.83 8.96 42
207 BNP Paribas Midcap -5.4 -2.1 4.1 12.5 12 12 2.39 30.19 -4.0 -0.5 5.7 11 9 0.92 33.31 615
208 DSP Midcap -1.8 1.8 8.4 12.3 4 1 1.90 53.54 -0.9 2.7 9.3 3 1 1.00 56.71 6498
209 Edelweiss Midcap -9.3 -0.8 4.5 12.4 7 11 2.34 24.08 -7.8 0.6 5.6 7 11 0.68 26.13 780
210 Franklin Prima -13.4 -2.2 4.5 12.1 13 10 1.92 827.23 -12.7 -1.2 5.6 13 10 1.10 892.36 5775
211 HDFC Mid-Cap Opportunities -12.1 -2.7 5.2 12.8 15 7 1.85 47.68 -11.5 -1.8 6.1 15 7 1.12 50.75 18025
212 ICICI Pru Midcap -17.6 -4.2 2.5 8.8 17 17 2.52 78.47 -16.9 -3.2 3.5 17 15 1.55 84.06 1469
213 ICICI Prudential Midcap 150 ETF NR - - - - - - 0.27 56.78 NR - - - - - - - 30
214 IDBI Midcap -8.5 -4.1 - - 16 - 2.50 9.55 -7.8 -2.3 - 16 - 1.68 10.19 152
215 Invesco India Midcap -2.8 3.2 6.4 13.3 2 6 2.35 46.79 -1.5 4.9 8.1 2 3 1.22 52.50 756
216 Kotak Emrgng Eqt -9.2 -0.8 6.5 11.7 6 4 1.93 35.42 -8.1 0.5 8.0 8 4 0.63 38.64 5871
217 L&T Midcap -9.6 -2.5 6.7 12.1 14 3 1.97 119.05 -8.5 -1.5 7.7 14 5 0.73 127.30 5326
218 Mahindra Manulife Midcap Unnati Yjn NR -3.6 - - - - - 2.54 9.06 NR -2.1 - - - - 0.86 9.46 448
219 Mirae Asset Midcap NR - - - - - - 2.08 9.88 NR - - - - - 0.48 10.04 1816
220 Motilal Oswal Midcap 100 ETF NR -15.4 -5.6 2.7 - 20 16 0.20 15.46 NR - - - - - - - 32
221 Motilal Oswal Midcap 30 -13.0 -4.4 1.5 - 18 20 2.29 21.78 -12.0 -3.2 2.8 18 18 1.06 23.55 1364
222 Motilal Oswal Nifty Midcap 150 NR - - - - - - 1.03 9.98 NR - - - - - 0.38 10.03 45
223 Nippon India ETF Nifty Midcap 150 NR -10.7 - - - - - 0.24 56.46 NR - - - - - - - 196
224 Nippon India Growth -11.9 -0.8 4.5 8.0 8 9 2.03 994.21 -11.4 -0.1 5.3 10 12 1.42 1047.03 5592
225 PGIM India Midcap Opp 1.5 -0.9 3.5 - 9 13 2.55 18.28 3.1 0.7 4.8 6 13 0.72 19.60 146
226 Principal Midcap Fund NR - - - - - - 2.37 9.11 NR - - - - - 0.40 9.20 217
227 Quant Midcap NR -0.1 2.5 3.4 7.1 - - 2.48 54.67 NR 1.6 3.4 3.9 - - 0.57 56.38 10
228 SBI Magnum Midcap -9.5 -5.0 2.2 11.5 19 18 2.22 65.69 -8.6 -4.1 3.3 19 17 1.22 70.45 2911
229 Sundaram Midcap -16.4 -6.1 2.7 10.5 21 15 1.98 386.63 -15.8 -5.4 3.3 20 16 1.19 404.53 4482
230 Tata Midcap Growth -8.6 0.8 4.9 11.5 5 8 2.47 128.54 -7.3 1.9 5.9 5 8 1.29 137.41 709
231 Taurus Discovery (Midcap) -1.7 2.1 6.5 10.7 3 5 2.52 41.83 -1.2 2.5 7.0 4 6 2.02 43.35 44
232 Union Midcap Fund NR - - - - - - 2.48 12.93 NR - - - - - 1.48 12.97 176
233 UTI Midcap -6.4 -1.7 3.3 11.6 11 14 2.00 92.59 -5.6 -0.9 4.2 12 14 1.33 98.39 3173
Equity: Small Cap -12.9 -6.0 3.5 8.8 14 13 -11.8 -4.9 4.5 14 13
234 ABSL Small Cap -25.9 -12.5 0.7 7.3 13 9 2.43 24.57 -25.0 -11.5 1.7 13 9 1.11 26.47 1619
S&P BSE 150 MidCap TRI -7.0 -1.1 6.2 9.5
S&P BSE 250 SmallCap TRI -20.5 -10.3 0.7 2.3


Equity: Small Cap -12.9 -6.0 3.5 8.8 14 13 -11.8 -4.9 4.5 14 13
235 Axis Small Cap -4.9 3.4 7.8 - 1 2 2.13 27.84 -3.4 4.7 9.1 1 2 0.31 30.08 2124
236 BOI AXA Small Cap NR -0.3 - - - - - 2.62 10.50 NR 1.6 - - - - 0.78 10.80 53
237 Canara Robeco Small Cap NR -8.1 - - - - - 2.51 9.17 NR -6.5 - - - - 0.81 9.39 346
238 DSP Small Cap -11.2 -7.0 4.1 12.1 8 7 2.02 48.81 -10.4 -6.4 4.8 8 7 1.11 51.29 3891
239 Edelweiss Small Cap NR -7.8 - - - - - 2.50 10.18 NR -6.3 - - - - 0.92 10.40 420
240 Franklin Smaller Companies -25.5 -9.8 0.7 11.1 12 8 1.96 39.39 -24.8 -8.8 1.9 12 8 1.09 42.73 4601
241 HDFC Small Cap -24.4 -4.5 4.7 8.4 5 5 2.00 31.95 -23.6 -3.3 6.0 5 5 0.94 34.64 6594
242 HSBC Small Cap Eqt -19.5 -9.6 0.5 5.6 11 10 2.50 38.66 -18.4 -8.6 1.4 11 10 1.10 41.20 263
243 ICICI Pru Small Cap -17.2 -6.4 0.3 8.0 7 12 2.30 21.06 -16.0 -5.5 1.1 7 12 0.69 22.20 971
244 IDBI Small Cap -19.3 -9.0 - - 10 - 2.49 7.54 -18.4 -7.1 - 10 - 1.60 8.02 95
245 IDFC Emrgng Businesses NR - - - - - - 2.44 9.98 NR - - - - - 0.48 10.05 507
246 Invesco India Small Cap NR -6.0 - - - - - 2.51 9.85 NR -4.6 - - - - 1.02 10.11 490
247 ITI Small Cap Fund NR - - - - - - 2.55 8.25 NR - - - - - 0.30 8.32 170
248 Kotak Small Cap -10.4 -4.0 4.2 10.1 4 6 2.22 63.93 -9.1 -2.8 5.7 4 6 0.80 70.21 1242
249 L&T Emerging Businesses -21.9 -7.7 5.7 - 9 4 2.08 18.52 -21.0 -6.8 6.7 9 4 0.94 19.52 4187
250 Motilal Oswal Nifty Smallcap 250 NR - - - - - - 1.03 9.07 NR - - - - - 0.38 9.12 25
251 Nippon India Small Cap -12.8 -2.4 7.7 - 3 3 2.17 34.45 -12.1 -1.3 8.8 3 3 1.19 37.00 6944
252 Principal Small Cap NR -4.1 - - - - - 2.40 9.78 NR -2.3 - - - - 0.73 9.98 151
253 Quant Small Cap NR -9.6 -6.5 -0.7 6.8 - - 2.48 40.95 NR -9.4 -6.2 -0.5 - - 2.38 41.71 2
254 SBI Small Cap -5.5 3.2 9.8 16.2 2 1 2.24 48.55 -4.3 4.5 11.1 2 1 0.92 52.82 3374
255 Sundaram Small Cap -20.9 -12.6 -1.2 7.0 14 13 2.44 64.09 -20.2 -11.8 -0.5 14 13 1.49 67.13 803
256 Tata Small Cap NR -9.0 - - - - - 2.53 9.51 NR -7.3 - - - - 1.07 9.83 527
257 Union Small Cap -6.6 -4.7 0.4 - 6 11 2.54 12.53 -6.0 -4.1 1.2 6 11 1.79 13.15 278
Equity: Value Oriented -14.6 -2.5 3.5 8.6 14 13 -13.8 -1.6 4.5 14 13
258 ABSL Pure Value -22.4 -9.5 0.9 8.8 14 12 2.22 38.89 -21.5 -8.4 2.0 14 10 1.03 41.83 3146
259 HDFC Capital Builder Value -18.5 -2.1 3.6 8.6 7 6 2.11 237.09 -17.8 -1.1 4.7 7 6 1.17 253.18 3356
260 ICICI Pru Value Discovery -8.9 0.0 3.2 11.3 4 8 1.79 133.17 -8.4 0.8 4.2 4 8 1.27 142.41 14056
261 IDBI Long Term Value NR -13.2 - - - - - 2.49 9.08 NR -12.6 - - - - 1.73 9.32 92
262 IDFC Sterling Value -25.1 -7.7 0.9 8.0 12 11 2.18 37.80 -24.3 -6.7 1.9 13 11 1.07 40.58 2077
263 Indiabulls Value -13.7 -7.9 - - 13 - 2.30 10.17 -12.3 -6.5 - 12 - 0.50 11.12 14
264 Invesco India Contra -6.9 4.5 7.9 10.9 1 1 1.86 44.88 -5.9 5.8 9.4 1 1 0.92 49.51 4300
265 JM Value NR -12.4 -0.7 5.5 4.8 - - 2.54 28.31 NR -11.8 0.0 6.7 - - 1.50 30.43 93
266 Kotak India EQ Contra -10.7 4.2 5.9 8.4 2 3 2.44 47.46 -9.5 5.6 7.5 2 3 1.08 52.28 709
267 L&T India Value -15.3 -3.5 5.0 11.1 8 4 1.94 30.68 -14.5 -2.6 6.0 8 4 0.94 32.63 5587
268 Nippon India Value -15.1 -0.4 4.0 8.0 5 5 2.22 63.67 -14.5 0.3 4.7 6 5 1.59 67.32 2418
269 Quantum Long Term Eqt Value -20.6 -3.7 2.6 7.8 9 9 1.79 43.93 -20.2 -3.4 2.9 9 9 1.29 44.37 651
270 SBI Contra -15.1 -4.5 1.1 4.8 10 10 2.33 91.40 -14.6 -3.9 1.8 10 12 1.73 95.77 1062
271 Tata Equity PE -10.5 -0.6 6.7 10.1 6 2 1.99 120.43 -9.1 0.7 7.9 5 2 0.79 128.73 3997
272 Templeton India Value -22.7 -6.9 0.8 5.4 11 13 2.53 193.63 -22.0 -6.1 1.6 11 13 1.53 204.53 358
273 Union Value Discovery NR -10.4 - - - - - 2.52 9.57 NR -9.7 - - - - 1.78 9.70 107
274 UTI Value Opportunities -7.2 2.5 3.5 8.8 3 7 1.99 56.84 -6.6 3.2 4.3 3 7 1.46 60.03 3750
Equity: ELSS -11.0 0.0 4.4 8.9 34 30 -10.1 1.1 5.4 34 30
275 ABSL Tax Relief 96 -4.8 2.6 6.7 10.0 6 6 1.93 130.12 -3.9 3.7 7.7 6 7 0.94 31.60 9177
276 Axis Long Term Equity -5.4 5.8 7.1 14.3 1 3 1.74 43.36 -4.7 6.8 8.2 1 3 0.93 47.04 19127
277 Baroda ELSS 96 -12.6 -3.4 1.5 5.9 29 29 2.52 23.77 -12.0 -2.6 2.4 30 29 1.91 29.17 138
278 BNP Paribas Long Term Equity -4.8 2.1 4.3 10.6 8 17 2.42 37.23 -3.7 3.3 5.3 7 17 1.19 39.43 399
S&P BSE 250 SmallCap TRI -20.5 -10.3 0.7 2.3


Equity: ELSS -11.0 0.0 4.4 8.9 34 30 -10.1 1.1 5.4 34 30
279 BOI AXA Tax Advantage 0.4 4.2 6.2 8.8 4 9 2.55 51.55 1.6 5.4 7.6 4 8 1.51 56.81 248
280 Canara Robeco Eqt Tax Saver -6.4 5.3 6.4 9.8 2 7 2.28 22.81 -5.5 6.2 7.3 2 9 1.19 66.21 929
281 DSP Tax Saver -8.6 2.1 6.9 10.4 10 4 1.87 44.71 -7.7 3.1 8.0 9 5 0.94 47.34 5359
282 Edelweiss LT Eqt (Tax Svngs) -13.1 -1.0 2.6 8.3 22 24 2.40 41.04 -11.6 0.5 3.9 21 22 0.68 44.59 103
283 Essel Long Term Advantage -12.7 -1.1 - - 23 - 2.35 12.74 -11.4 0.5 - 20 - 0.83 13.71 47
284 Franklin Taxshield -19.1 -2.9 1.9 9.4 28 27 1.96 465.62 -18.3 -1.9 2.9 28 26 1.07 497.81 3086
285 HDFC Taxsaver -20.1 -4.4 1.8 6.9 32 28 1.99 424.86 -19.7 -3.8 2.4 32 28 1.36 444.96 5744
286 HSBC Tax Saver Eqt -13.9 -2.9 3.9 8.6 27 18 2.49 32.19 -12.8 -1.9 4.8 29 19 1.26 34.20 119
287 ICICI Pru LT Eqt (Tax Saving) -13.9 1.4 4.9 9.7 14 14 2.11 333.71 -13.3 2.3 5.9 14 14 1.34 358.10 5595
288 IDBI Eqt Advantage -4.9 0.2 3.8 - 18 19 2.39 24.42 -3.8 1.7 5.2 18 18 1.19 26.45 451
289 IDFC Tax Advantage (ELSS) -17.7 -2.0 3.0 9.8 26 21 2.17 46.82 -16.8 -0.8 4.2 25 21 1.08 50.79 1725
290 Indiabulls Tax Savings NR -13.2 - - - - - 2.25 8.53 NR -12.1 - - - - 0.50 8.76 71
291 Invesco India Tax -7.0 3.9 6.2 11.1 5 8 2.24 47.94 -6.0 5.4 7.9 5 6 1.35 53.33 916
292 ITI Long Term Equity NR - - - - - - 2.58 9.04 NR - - - - - 0.38 9.18 27
293 JM Tax Gain -10.6 2.3 5.5 7.9 7 11 2.34 15.67 -9.9 3.1 6.9 11 11 0.80 17.03 31
294 Kotak Tax Saver -10.1 1.9 5.7 8.8 12 10 2.28 41.04 -9.0 3.2 7.1 8 10 1.03 45.08 1030
295 L&T Tax Advantage -12.6 -1.8 4.7 8.7 25 15 2.08 47.39 -12.1 -1.1 5.4 26 16 1.45 49.71 2660
296 LIC MF Tax -12.6 1.2 3.5 7.7 15 20 2.53 59.20 -11.6 2.4 4.5 13 20 1.27 63.69 223
297 Mahindra Manulife ELSS Kar Bcht Yjn -11.8 -3.6 - - 31 - 2.38 10.21 -10.3 -1.7 - 27 - 0.68 11.02 265
298 Mirae Asset Tax Saver -7.2 4.7 - - 3 - 1.89 16.71 -5.8 6.2 - 3 - 0.45 17.83 3141
299 Motilal Oswal Long Term Eqt -10.1 -0.8 7.2 - 20 2 2.25 15.58 -8.9 0.5 8.7 22 2 0.80 16.76 1386
300 Nippon India Tax Saver (ELSS) -26.1 -10.6 -2.0 7.6 34 30 2.02 41.31 -25.6 -9.9 -1.2 34 30 1.30 43.77 7573
301 Parag Parikh Tax Saver NR - - - - - - 2.42 10.27 NR - - - - - 1.19 10.39 39
302 PGIM India Long Term Eqt -11.8 -0.1 - - 19 - 2.50 12.92 -10.4 1.7 - 19 - 1.37 13.79 286
303 Principal Tax Savings -12.3 -0.9 5.4 9.4 21 13 2.55 182.98 -11.9 -0.4 6.0 23 13 2.05 190.24 339
304 Quant Tax -4.1 2.1 9.6 6.6 9 1 2.48 91.07 -2.4 3.1 10.3 10 1 0.57 94.36 9
305 Quantum Tax Saving -20.0 -3.4 2.8 7.8 30 22 1.79 43.88 -19.6 -3.1 3.1 31 24 1.29 44.34 61
306 SBI Long Term Equity -10.9 -1.4 2.1 7.9 24 26 2.00 127.47 -10.3 -0.8 2.8 24 27 1.33 133.33 6159
307 Shriram Long Term Equity NR -3.4 - - - - - 2.55 10.20 NR -1.5 - - - - 0.60 10.49 23
308 Sundaram Diversified Equity -17.8 -4.4 2.7 7.2 33 23 2.17 84.22 -17.5 -3.9 3.2 33 23 1.82 86.81 1935
309 Tata India Tax Savings -14.3 0.9 6.7 10.6 17 5 2.13 47.67 -13.0 2.3 8.1 15 4 0.77 89.23 1719
310 Taurus Tax Shield -10.4 2.0 5.5 7.9 11 12 2.33 71.14 -9.7 2.7 6.4 12 12 0.93 75.05 55
311 Union Long Term Equity -6.9 1.5 2.2 - 13 25 2.51 22.97 -6.5 2.0 2.9 17 25 1.94 23.96 228
312 UTI Long Term Equity -6.9 1.1 4.5 7.9 16 16 2.23 81.10 -6.1 2.0 5.5 16 15 1.53 86.34 1132
Equity: Sectoral-Banking -30.3 -5.9 1.0 4.5 17 15 -24.9 -2.5 4.6 11 10
313 ABSL Banking & Fin Services -28.7 -5.5 4.9 - 11 3 2.48 21.40 -27.9 -4.4 5.9 7 4 1.29 22.84 1234
314 ABSL Banking ETF NR - - - - - - 0.16 212.58 NR - - - - - - - 56
315 Baroda Banking & Fin Services -26.1 -2.5 2.6 - 6 10 2.55 18.16 -25.6 -1.8 3.3 6 7 1.92 19.24 34
316 Edelweiss ETF Nifty Bank NR -31.6 -2.7 - - 7 - 0.12 2157.09 NR - - - - - - - 1
317 ICICI Pru Bank ETF NR - - - - - - 0.16 212.56 NR - - - - - - - 509
318 ICICI Pru Banking & Fin Services -31.3 -6.0 4.8 11.4 12 4 2.27 46.96 -30.7 -5.0 6.0 8 3 1.22 50.70 2264
319 ICICI Pru Private Banks ETF NR - - - - - - 0.16 115.56 NR - - - - - - - 558
320 IDBI Banking & Fin Services NR -23.5 - - - - - 2.46 8.27 NR -22.7 - - - - 1.55 8.57 81
321 Invesco India Financial Services -20.5 -0.6 6.3 10.3 4 2 2.79 47.25 -19.6 0.9 8.0 4 2 1.67 52.80 166
322 Kotak Banking ETF NR -31.9 -3.0 3.2 - 10 8 0.18 215.94 NR - - - - - - - 3796
323 Kotak PSU Bank ETF NR -55.4 -24.8 -15.3 -8.2 17 15 0.49 140.79 NR - - - - - - - 18
324 LIC MF Banking & Fin Services -25.4 -8.7 -2.1 - 13 13 2.57 8.70 -24.7 -7.5 -1.1 9 10 1.51 9.18 42
325 Motilal Oswal Nifty Bank NR - - - - - - 1.03 7.76 NR - - - - - 0.38 7.80 40
326 Nippon India Banking -36.6 -8.7 1.1 8.0 14 11 2.38 187.87 -36.1 -8.0 1.9 11 8 1.59 197.27 1702
327 Nippon India ETF Bank BeES NR -32.0 -3.0 3.1 8.8 8 9 0.18 214.99 NR - - - - - - - 4150


Equity: Sectoral-Banking -30.3 -5.9 1.0 4.5 17 15 -24.9 -2.5 4.6 11 10
328 Nippon India ETF PSU Bank BeES NR -55.4 -24.8 -15.2 -8.1 16 14 0.49 15.67 NR - - - - - - - 39
329 SBI Banking & Fin Services -21.0 2.5 9.1 - 1 1 2.41 14.88 -20.1 3.7 10.2 1 1 1.16 15.68 1213
330 SBI ETF Nifty Bank NR -31.9 -3.0 3.3 - 9 7 0.20 213.09 NR - - - - - - - 2425
331 Sundaram Fin Services Opp -21.0 -1.9 4.1 7.3 5 6 2.66 35.07 -20.4 -1.0 4.9 5 6 1.66 36.84 181
332 Tata Banking & Fin Services -18.9 0.2 - - 3 - 2.62 16.21 -17.6 1.8 - 2 - 1.08 17.46 388
333 Tata Nifty Private Bank ETF NR - - - - - - 0.13 118.03 NR - - - - - - - 10
334 Taurus Banking & Financial Srvcs -21.3 0.5 4.5 - 2 5 2.46 21.35 -20.7 1.3 5.6 3 5 2.16 22.94 7
335 UTI Banking & Fin Services -33.1 -9.0 0.6 6.2 15 12 2.53 67.99 -32.5 -8.0 1.7 10 9 1.83 73.40 403
Equity: Sectoral-Infrastructure -20.1 -5.6 0.8 3.6 21 20 -19.9 -5.0 1.9 20 18
336 ABSL Infrastructure -22.8 -8.5 -0.7 4.0 18 16 2.60 25.26 -22.2 -7.7 - 17 - 1.79 26.71 326
337 BOI AXA Mfg & Infrastructure -8.0 -0.7 3.1 3.4 3 4 2.49 14.41 -6.8 0.6 4.5 3 3 1.24 15.76 34
338 Canara Robeco Infrastructure -16.1 -5.7 0.8 5.7 12 10 2.60 39.02 -15.4 -4.8 1.7 12 9 1.63 41.37 85
339 DSP T.I.G.E.R. -24.6 -6.0 0.8 4.3 14 11 2.50 72.01 -24.1 -5.5 1.4 15 11 1.87 75.06 709
340 Franklin Build India -23.6 -3.8 2.6 10.7 7 6 2.39 33.20 -22.8 -2.6 3.9 6 5 1.33 36.24 837
341 HDFC Infrastructure -39.2 -18.0 -7.8 -1.1 21 20 2.63 10.54 -38.8 -17.4 -7.1 20 18 1.88 11.19 385
342 HSBC Infrastructure Eqt -28.2 -17.7 -7.3 -0.8 20 - 2.55 12.36 -27.2 -16.9 -6.5 19 - 1.24 13.14 62
343 ICICI Pru Infrastructure -25.9 -6.5 -1.0 3.2 17 19 2.56 39.63 -25.5 -5.8 -0.3 16 17 2.23 41.69 744
344 IDFC Infrastructure -25.8 -10.1 -0.6 - 19 15 2.56 11.58 -25.0 -8.9 0.8 18 14 1.44 12.73 464
345 Invesco India Infrastructure -5.4 1.8 3.6 7.0 1 3 2.44 16.57 -4.1 3.5 5.4 1 1 0.88 18.59 38
346 Kotak Infra & Eco Reform -20.7 -5.9 1.5 6.0 13 8 2.49 16.59 -19.8 -4.6 3.0 10 8 1.34 18.27 226
347 L&T Infrastructure -21.3 -6.3 2.7 5.1 16 5 2.33 12.51 -20.5 -5.3 3.7 13 6 1.24 13.31 1085
348 LIC MF Infrastructure -20.3 -4.3 -0.7 2.3 8 17 2.52 11.81 -19.8 -3.2 0.4 7 16 1.19 12.70 42
349 Nippon India ETF Infra BeES NR -9.4 -1.2 -0.9 - 4 18 1.10 313.38 NR - - - - - - - 11
350 Nippon India Power & Infra -18.3 -5.1 2.5 0.2 10 7 2.44 83.24 -17.8 -4.6 3.1 9 7 1.98 87.08 934
351 Quant Infrastructure NR -21.1 -2.5 0.6 -2.0 6 13 2.48 7.06 NR -19.5 -1.4 1.3 5 12 0.57 7.31 1
352 SBI Infrastructure -15.4 -1.7 3.8 3.0 5 2 2.59 13.62 -14.9 -1.0 4.5 4 4 2.01 14.26 380
353 Sundaram Infrastructure Adv -22.1 -6.1 0.7 0.4 15 12 2.61 26.19 -21.7 -5.4 1.2 14 13 2.19 27.25 370
354 Tata Infrastructure -22.7 -5.3 1.1 3.0 11 9 2.55 45.38 -22.2 -4.7 1.7 11 10 1.84 47.21 377
355 Taurus Infrastructure NR -9.8 0.6 4.1 4.7 2 1 2.52 22.35 NR -9.4 1.1 4.8 2 2 2.37 23.45 3
356 UTI Infrastructure -21.2 -4.8 0.2 2.1 9 14 2.39 43.92 -20.9 -4.4 0.6 8 15 2.11 45.36 931
Equity: Sectoral-Pharma 34.0 8.7 3.3 12.5 4 3 35.8 9.9 4.4 4 3
357 ABSL Pharma & Healthcare NR - - - - - - 2.72 12.50 NR - - - - - 0.92 12.74 247
358 DSP Healthcare NR 38.9 - - - - - 2.53 13.64 NR 41.4 - - - - 0.98 14.04 412
359 ICICI Pru Pharma Hlthcr & Diagn NR 35.3 - - - - - 2.24 13.08 NR 37.2 - - - - 0.80 13.47 1460
360 IDBI Healthcare NR 31.8 - - - - - 2.42 12.93 NR 34.3 - - - - 1.07 13.26 36
361 Mirae Asset Healthcare NR 39.6 - - - - - 2.51 14.00 NR 41.9 - - - - 0.85 14.45 581
362 Nippon India Pharma NR 32.7 13.6 7.1 13.4 1 1 2.24 188.69 NR 33.8 14.6 8.0 1 1 1.29 200.74 2992
363 SBI Healthcare Opportunities NR 33.1 5.0 0.7 13.2 4 3 2.33 145.12 NR 34.6 6.1 1.9 4 3 1.24 157.37 1139
364 Tata India Pharma & HealthCare NR 28.7 8.6 - - 2 - 2.64 11.17 NR 30.6 10.5 - 2 - 1.20 12.05 235
365 UTI Healthcare NR 31.6 7.4 2.2 10.8 3 2 2.53 104.62 NR 32.9 8.5 3.2 3 2 1.77 111.99 475
Equity: Sectoral-Technology -0.3 13.8 8.8 12.1 5 4 0.7 15.0 9.7 5 4
366 ABSL Digital India NR 3.0 15.0 10.4 10.9 1 1 2.64 54.06 NR 3.9 16.1 11.3 2 1 1.67 57.36 381
367 Franklin Technology NR 7.5 13.7 9.3 11.8 4 2 2.40 172.39 NR 8.4 14.5 10.0 4 2 1.42 180.47 246
368 ICICI Pru Technology NR -5.2 11.7 7.5 13.7 5 4 2.69 55.40 NR -4.6 12.7 8.4 5 4 2.36 58.71 354
369 Nippon India ETF Nifty IT NR - - - - - - - 14.76 NR - - - - - - - -
370 SBI Technology Opportunities NR -0.2 14.2 8.1 12.2 3 3 2.69 39.32 NR 0.6 15.3 9.1 3 3 1.84 70.28 171
371 Tata Digital India NR -6.3 14.5 - - 2 - 2.60 14.20 NR -4.7 16.5 - 1 - 1.13 15.34 343
Equity: Thematic -8.6 -0.3 3.8 9.0 13 13 -7.5 0.4 4.4 12 11
372 ABSL Intl Eqt B NR -10.4 -1.3 3.0 6.5 8 9 2.59 16.41 NR -10.0 -0.8 3.5 8 8 2.23 17.03 65
373 ABSL Manufacturing Equity NR -2.0 -1.4 4.5 - 9 6 2.62 12.43 NR -1.2 -0.6 - 7 - 1.63 13.06 445


Equity: Thematic -8.6 -0.3 3.8 9.0 13 13 -7.5 0.4 4.4 12 11
374 Axis ESG Eqt Fund NR - - - - - - 2.03 10.07 NR - - - - - 0.41 10.14 1631
375 DSP Quant NR 1.4 - - - - - 1.29 9.97 NR 2.2 - - - - 0.55 10.05 212
376 Franklin Opportunities NR -14.6 -1.7 2.3 8.0 10 11 2.47 64.12 NR -13.8 -0.9 3.1 10 9 1.37 67.47 438
377 ICICI Pru Commodities NR - - - - - - 2.58 9.12 NR - - - - - 0.84 9.22 28
378 ICICI Pru Exports & Services NR -11.4 -1.8 2.9 11.8 11 10 2.65 50.66 NR -10.9 -0.9 3.8 9 7 2.38 53.68 507
379 ICICI Pru FMCG NR -1.8 4.6 8.4 14.4 2 1 2.67 234.44 NR -1.1 5.5 9.2 2 1 2.39 247.69 517
380 ICICI Pru India Opportunities NR -18.0 - - - - - 2.03 8.82 NR -16.5 - - - - 0.38 9.05 2368
381 ICICI Pru Manufacture in India NR -12.5 - - - - - 2.35 9.20 NR -11.1 - - - - 0.79 9.46 692
382 Kotak Pioneer NR - - - - - - 2.27 9.60 NR - - - - - 0.55 9.71 609
383 L&T Business Cycles NR -19.9 -5.4 0.8 - 12 12 2.58 12.75 NR -19.2 -4.6 1.5 11 10 1.61 13.29 448
384 Mahindra Mnlife Rrl Bhrt & Con Yjn NR -10.3 - - - - - 2.45 9.00 NR -8.6 - - - - 0.80 9.29 53
385 Nippon India ETF Dividend Opp NR -12.8 1.2 5.1 - 6 3 0.16 26.58 NR - - - - - - - 2
386 Nippon India Quant NR -7.6 1.3 3.9 7.0 5 7 0.89 23.86 NR -6.9 2.1 4.4 5 6 0.19 25.04 21
387 Quantum India ESG Eqt NR - - - - - - 1.40 9.68 NR - - - - - 0.90 9.73 14
388 SBI Equity Minimum Variance NR -4.8 - - - - - 0.74 9.58 NR -4.4 - - - - 0.34 9.63 46
389 SBI Magnum COMMA NR -5.8 -0.1 7.0 3.7 7 2 2.58 34.72 NR -5.3 0.7 7.7 6 2 2.02 36.47 203
390 SBI Magnum Equity ESG NR -11.1 2.7 5.1 8.7 4 4 2.30 96.10 NR -10.3 3.6 5.9 4 3 1.42 101.76 2291
391 Sundaram Services NR -5.1 - - - - - 2.34 10.69 NR -4.3 - - - - 1.27 10.86 1000
392 Tata Ethical NR -2.0 3.0 3.5 9.4 3 8 2.54 153.44 NR -1.0 4.2 4.6 3 5 1.37 164.79 515
393 Tata Quant Fund NR - - - - - - 2.69 7.70 NR - - - - - 0.89 7.77 96
394 Taurus Ethical NR 0.5 6.0 4.8 8.6 1 5 2.29 51.39 NR 1.6 7.1 5.8 1 4 0.08 54.74 37
395 UTI Transportation & Logistics NR -15.7 -11.3 -1.8 11.5 13 13 2.28 76.86 NR -14.8 -10.3 -0.7 12 11 1.44 83.08 1022
Equity: Thematic-Dividend Yield -8.4 -1.3 3.9 7.6 5 5 -7.6 -0.6 4.6 5 5
396 ABSL Dividend Yield NR -7.3 -4.1 1.1 6.2 4 5 2.56 145.90 NR -6.7 -3.5 1.9 4 5 1.82 154.32 594
397 ICICI Pru Dividend Yield Eqt NR -18.5 -6.5 2.6 - 5 4 2.61 13.53 NR -17.8 -5.7 3.3 5 4 1.92 14.15 136
398 IDBI Dividend Yield NR 0.6 - - - - - 2.43 10.20 NR 2.1 - - - - 1.02 10.46 75
399 Principal Dividend Yield NR -5.8 3.3 7.2 8.5 1 1 2.58 50.03 NR -5.3 3.9 7.7 1 1 2.03 52.04 151
400 Templeton India Eqt Income NR -12.2 -0.7 3.8 8.4 3 3 2.40 40.84 NR -11.3 0.0 4.5 3 3 1.16 42.91 702
401 UTI Dividend Yield NR -7.3 1.8 5.0 7.3 2 2 2.17 60.11 NR -6.8 2.4 5.6 2 2 1.68 62.94 1972
Equity: Thematic-MNC -0.5 3.3 4.8 13.2 3 3 0.5 4.2 5.8 3 3
402 ABSL MNC NR -2.5 2.8 4.6 13.9 3 3 2.09 728.13 NR -1.7 3.7 5.7 3 3 1.17 779.84 3393
403 ICICI Pru MNC NR -1.9 - - - - - 2.43 9.84 NR -0.5 - - - - 0.99 9.98 554
404 SBI Magnum Global NR 2.1 3.5 5.0 12.4 1 1 2.15 169.68 NR 2.9 4.4 6.0 2 1 1.32 180.35 3461
405 UTI MNC NR 0.3 3.5 4.8 13.2 2 2 2.14 190.20 NR 1.2 4.4 5.8 1 2 1.44 202.66 1983
Equity: Thematic-Energy -7.8 -1.1 7.5 6.9 2 1 -6.6 0.2 8.3 2 1
406 DSP Natural Rsrcs and New Energy NR -18.7 -4.0 7.5 6.9 2 1 2.50 26.48 NR -18.0 -3.2 8.3 2 1 1.55 27.84 272
407 Tata Resources & Energy NR 3.0 1.8 - - 1 - 2.52 14.70 NR 4.8 3.6 - 1 - 1.10 15.89 31
Equity: Thematic-PSU -20.6 -7.4 -1.2 5.1 3 3 -11.3 -4.0 2.7 2 2
408 ABSL PSU Eqt NR - - - - - - 2.51 8.42 NR - - - - - - 8.50 189
409 CPSE ETF NR -37.8 -12.0 -6.7 - 3 3 0.01 17.68 NR - - - - - - - 10657
410 Invesco India PSU Equity NR -1.6 -0.3 5.5 5.1 1 1 2.51 17.99 NR -0.7 1.1 7.1 1 1 1.64 19.93 119
411 SBI PSU NR -22.4 -9.8 -2.3 - 2 2 2.66 8.34 NR -22.0 -9.2 -1.7 2 2 1.96 8.71 144
Equity: Thematic-Consumption -3.0 2.6 6.9 11.1 9 8 -2.3 3.5 7.9 8 7
412 ABSL India GenNext NR -4.0 4.0 8.1 13.7 5 2 2.40 80.13 NR -2.8 5.2 9.4 4 3 1.14 86.55 1333
413 BNP Paribas India Consumption NR 5.1 - - - - - 2.42 12.29 NR 6.7 - - - - 0.85 12.64 495
414 Canara Robeco Consumer Trends NR -2.7 5.3 8.3 12.1 1 1 2.63 38.45 NR -1.5 6.7 9.5 1 2 1.30 41.41 352
415 ICICI Pru Bharat Consumption NR -3.2 - - - - - 2.44 9.56 NR -1.6 - - - - 0.82 9.75 415
416 Mirae Asset Great Consumer NR -5.5 4.9 8.0 - 3 3 2.28 32.57 NR -3.9 6.4 9.6 3 1 0.70 35.97 866
417 Nippon India Consumption NR 1.4 0.9 5.6 8.3 7 7 2.74 65.00 NR 2.2 1.7 6.5 6 6 2.00 68.85 79
418 Nippon India ETF Consumption NR 1.8 4.3 7.4 - 4 5 0.35 51.31 NR - - - - - - - 12


Equity: Thematic-Consumption -3.0 2.6 6.9 11.1 9 8 -2.3 3.5 7.9 8 7
419 Quant Consumption NR -4.5 -1.3 7.2 3.4 - - 2.48 24.49 NR -2.8 -0.4 8.2 - - 0.57 25.95 1
420 SBI Consumption Opportunities NR -14.1 -1.9 5.6 13.7 9 6 2.65 57.02 NR -13.2 -0.8 6.7 7 5 1.53 102.37 509
421 Sundaram Rural & Consumption NR -8.6 -1.7 7.9 10.1 8 4 2.24 37.41 NR -7.8 -0.9 8.6 8 4 1.46 39.25 1414
422 Tata India Consumer NR -2.2 4.9 - - 2 - 2.31 16.39 NR -0.7 6.6 - 2 - 0.90 17.66 1073
423 UTI India Consumer NR 0.0 2.6 4.5 8.7 6 8 2.59 24.98 NR 0.5 3.1 5.1 5 7 2.22 26.05 235
Equity: International 9.5 8.2 5.7 6.8 35 34 9.7 8.4 6.2 33 30
424 ABSL Commodity Eqt Global Agri NR -15.3 -1.7 -1.5 4.9 33 32 1.65 20.00 NR -15.0 -1.3 -1.1 32 28 1.20 20.61 6
425 ABSL Global Emerging Opp NR 17.9 9.0 4.8 3.2 12 20 1.13 14.80 NR 18.5 9.4 5.0 11 19 0.63 15.10 117
426 ABSL Global Real Estate NR -9.3 0.5 1.2 - 30 29 1.28 17.58 NR -8.9 1.0 1.7 28 26 0.83 18.18 14
427 ABSL Intl Eqt A NR 9.8 11.6 6.5 11.5 10 12 2.56 23.18 NR 10.3 12.1 7.0 9 12 1.88 24.09 80
428 DSP Global Allocation NR 14.7 8.2 5.9 - 14 15 2.09 14.08 NR 15.3 8.7 6.3 13 15 1.58 14.43 34
429 DSP US Flexible Equity NR 15.6 12.5 10.8 - 8 6 2.47 28.29 NR 16.2 13.3 11.6 7 5 1.80 29.71 171
430 DSP World Agriculture NR 9.4 6.7 2.8 - 19 25 2.42 17.67 NR 9.7 7.0 3.2 19 24 2.29 18.09 28
431 DSP World Energy NR -12.8 -1.2 -2.8 2.6 32 33 2.35 11.32 NR -12.5 -0.8 -2.5 30 30 1.91 11.56 31
432 DSP World Gold NR 47.5 16.6 14.9 1.7 6 3 2.46 19.11 NR 48.1 17.1 15.4 5 2 1.90 19.77 501
433 DSP World Mining NR 7.8 11.8 7.2 0.5 9 10 2.38 9.25 NR 8.2 12.4 7.8 8 9 1.92 9.63 33
434 Edelweiss ASEAN Eqt Off Shore NR -10.2 2.4 3.7 - 28 23 2.37 19.08 NR -9.6 3.3 4.7 26 20 1.67 20.54 34
435 Edelweiss Emrgng Mkt Opp Eqt Offshr NR 5.9 8.2 6.1 - 13 14 2.29 13.39 NR 7.0 9.1 6.8 12 13 1.23 13.90 13
436 Edelweiss Eur Dynamic Eqt Offshore NR 3.1 1.5 1.7 - 29 28 2.34 11.21 NR 3.9 2.4 2.7 27 25 1.60 11.86 17
437 Edelweiss Grtr China Eqt Off-shore NR 43.1 19.6 12.5 14.5 4 5 2.35 38.67 NR 44.2 20.7 13.6 3 4 1.52 41.47 220
438 Edelweiss US Tech Eqt FOF NR - - - - - - 2.32 12.52 NR - - - - - 1.22 12.56 226
439 Edelweiss US Value Eqt Offshore NR 1.7 5.6 5.6 - 24 16 2.37 16.00 NR 2.6 6.4 6.4 22 14 1.52 16.91 38
440 Franklin Asian Equity NR 8.1 7.0 7.8 9.3 18 8 2.58 24.05 NR 8.7 7.6 8.5 16 7 2.04 25.21 134
441 Franklin Feeder Franklin Eur Grth NR -15.8 -6.2 -3.3 - 35 34 1.71 7.88 NR -15.1 -5.2 -2.1 33 29 0.59 8.50 16
442 Franklin Feeder Franklin US Opp NR 32.2 23.5 15.5 - 3 2 1.50 42.17 NR 33.5 24.6 16.5 2 1 0.61 45.34 1693
443 HSBC Asia Pacific (ExJapan) Div Yld NR 2.2 6.4 6.5 - 20 11 2.05 14.75 NR 3.1 7.2 7.3 18 10 1.21 15.43 5
444 HSBC Brazil NR -29.7 -0.9 -0.4 - 31 30 2.38 6.29 NR -29.1 -0.2 - 29 - 1.63 6.64 14
445 HSBC Global Consumer Opp NR 8.5 9.2 7.4 - 11 9 2.17 14.32 NR 9.3 10.0 8.2 10 8 1.47 14.87 4
446 HSBC Global Emerging Markets NR 7.8 6.0 5.3 5.7 23 19 2.39 14.94 NR 8.6 6.8 - 21 - 1.68 15.76 9
447 ICICI Pru Global Advtg (FOF) NR - - - - - - 1.00 11.33 NR - - - - - 0.47 11.37 23
448 ICICI Pru Global Stable Eqt (FOF) NR 5.3 5.6 6.2 - 25 13 1.30 15.87 NR 6.1 6.4 7.0 23 11 0.19 16.72 87
449 ICICI Pru US Bluechip Eqt NR 21.4 15.8 13.0 - 7 4 2.56 32.94 NR 22.6 16.8 14.0 6 3 1.69 35.08 647
450 Invesco (I) Feeder Global Eqt Incm NR -0.1 3.3 3.3 - 27 24 1.10 12.54 NR 0.6 4.3 4.5 25 21 0.51 13.44 6
451 Invesco India Feeder Pan Eur Eqt NR -5.9 -1.9 -1.2 - 34 31 0.74 9.64 NR -5.3 -1.0 -0.2 31 27 0.11 10.29 19
452 Kotak Global Emerging Market NR 9.2 7.0 2.8 7.2 16 26 1.64 17.16 NR 9.8 7.8 3.7 15 23 1.16 18.14 78
453 Motilal Oswal NASDAQ 100 ETF NR 42.1 26.7 21.4 - 1 1 0.54 735.04 NR - - - - - - - 917
454 Motilal Oswal Nasdaq 100 FOF NR 40.5 - - - - - 0.50 15.88 NR 41.1 - - - - 0.10 15.98 526
455 Motilal Oswal S&P 500 Index Fund NR - - - - - - 1.19 10.47 NR - - - - - 0.49 10.48 199
456 Nippon India ETF Hang Seng BeES NR -3.5 6.2 4.4 9.5 22 21 0.92 303.83 NR - - - - - - - 11
457 Nippon India Japan Equity NR 10.2 7.4 4.2 - 15 22 2.38 13.76 NR 11.2 8.4 5.1 14 18 1.33 14.41 40
458 Nippon India US Eqt Opportunities NR 17.4 17.6 - - 5 - 2.74 18.45 NR 18.7 18.8 - 4 - 1.50 19.39 136
459 PGIM India Euro Eqt NR 9.0 4.3 2.6 7.1 26 27 0.36 14.40 NR 10.0 5.7 3.8 24 22 0.12 15.56 3
460 PGIM India Global Eqt Opp NR 39.0 23.6 9.6 10.9 2 7 1.29 26.14 NR 40.1 25.1 10.7 1 6 0.28 28.07 101
461 Principal Global Opportunities NR 5.6 6.4 5.5 7.1 21 17 1.43 30.07 NR 5.9 6.8 5.9 20 17 1.00 31.01 17
462 Sundaram Global Brand NR 10.9 7.0 5.3 6.6 17 18 2.38 18.54 NR 11.4 7.6 6.0 17 16 1.77 19.32 39
S&P BSE Bankex Total Return Index -30.2 -2.3 3.5 9.4
S&P BSE Energy Total Return Index 14.5 18.3 16.6 8.7
S&P BSE IT Total Return Index -2.8 17.1 9.5 13.0

Hybrid REGULAR DIRECT

Hybrid: Aggressive Hybrid -7.5 0.9 4.7 8.4 33 25 -6.4 2.0 5.7 33 25
463 ABSL Eq Hybrid ‘95 -13.1 -2.2 3.4 8.6 29 19 1.90 658.75 -12.4 -1.2 4.6 30 18 1.07 709.22 7189
464 ABSL Retirement 40s NR -1.7 - - - - - 2.44 9.87 NR -0.1 - - - - 1.03 10.08 76
465 Axis Equity Hybrid NR -3.0 - - - - - 2.16 10.10 NR -1.8 - - - - 0.68 10.39 1438
466 Axis Retrmnt Svngs - Agrssv Plan NR - - - - - - 2.37 9.39 NR - - - - - 0.63 9.48 427
467 Baroda Hybrid Equity -9.3 -0.9 3.1 6.5 25 20 2.46 50.28 -8.7 0.2 4.4 25 19 1.86 54.59 391
468 BNP Paribas Substantial Eqt Hybrid 0.8 5.7 - - 1 - 2.43 12.14 2.3 7.4 - 1 - 0.81 12.76 387
469 BOI AXA Mid & Small Cap Eqt & Debt -4.4 -1.5 - - 27 - 2.62 11.37 -3.7 -0.7 - 27 - 1.79 11.77 290
470 Canara Robeco Eqt Hybrid -0.2 5.7 7.7 10.8 2 1 2.02 161.49 1.0 7.0 9.0 2 1 0.80 172.22 2883
471 DSP Equity & Bond -1.2 4.0 7.1 9.3 6 3 1.89 152.70 -0.2 5.1 8.2 6 3 0.89 162.98 5406
472 Edelweiss Agrsv Hybrid NR -6.6 2.7 4.5 7.2 - - 2.32 24.06 NR -5.2 3.8 5.4 - - 0.57 25.31 12
473 Essel Equity Hybrid NR -7.3 - - - - - 2.30 9.81 NR -5.8 - - - - 0.63 10.17 159
474 Franklin Eqt Hybrid -9.5 0.8 4.1 9.0 16 15 2.23 110.47 -8.6 2.0 5.5 17 14 1.22 119.82 1319
475 Franklin Life Stage FoF 20s -15.3 -2.5 2.4 7.4 31 23 1.30 70.17 -14.8 -2.0 2.8 31 23 0.26 72.61 9
476 HDFC Children’s Gift -6.7 2.6 6.5 11.9 10 6 2.19 114.43 -5.9 3.6 7.5 12 6 1.24 121.62 2776
477 HDFC Hybrid Equity -11.1 0.5 5.5 10.7 19 10 1.85 48.76 -10.5 1.4 6.5 19 10 1.15 51.18 15747
478 HDFC Retrmnt Svngs Hybrid Eqt -7.3 2.8 - - 8 - 2.43 15.75 -6.2 4.3 - 8 - 1.33 16.81 367
479 HSBC Equity Hybrid NR -3.3 - - - - - 2.47 10.53 NR -1.9 - - - - 1.02 10.78 514
480 HSBC Managed Solutions India Growth -8.7 0.3 5.1 - 20 12 1.85 16.42 -8.4 0.6 5.4 24 15 1.49 16.72 41
481 ICICI Pru Child Care Gift -11.6 0.6 4.9 8.4 18 14 2.54 126.71 -11.0 1.5 5.7 18 13 2.09 134.26 559
482 ICICI Pru Equity & Debt -10.0 1.5 6.2 11.2 14 9 1.75 123.25 -9.5 2.5 7.4 14 7 1.24 132.97 17423
483 ICICI Pru Retrmnt Hybrid Agrsv NR -10.3 - - - - - 2.32 9.46 NR -8.6 - - - - 0.42 9.71 72
484 IDBI Hybrid Equity -1.5 -0.4 - - 23 - 2.52 11.01 -0.6 1.2 - 20 - 1.69 11.69 211
485 IDFC Hybrid Equity -11.9 -2.3 - - 30 - 2.48 10.23 -10.6 -0.8 - 28 - 1.19 10.83 497
486 Indiabulls Equity Hybrid NR -9.8 - - - - - 2.36 9.70 NR -8.0 - - - - 0.61 10.01 28
487 Invesco India Equity & Bond NR -5.8 - - - - - 2.42 9.92 NR -4.5 - - - - 1.05 10.21 351
488 JM Equity Hybrid -12.9 -4.5 -0.6 4.8 32 25 2.14 36.89 -12.1 -3.8 0.3 32 25 1.52 39.68 5
489 Kotak Equity Hybrid -7.3 0.8 5.0 7.7 17 13 2.23 14.01 -6.1 2.1 6.5 16 11 0.95 16.03 1132
490 L&T Hybrid Equity -7.4 0.1 5.1 - 21 11 1.89 24.63 -6.4 1.1 6.2 21 12 0.89 26.57 5642
491 LIC MF Equity Hybrid -5.0 2.6 3.5 6.5 12 18 2.55 98.99 -4.0 3.9 4.6 9 17 1.38 106.20 366
492 LIC MF ULIS -11.3 1.3 2.9 5.8 15 22 2.48 16.82 -10.6 2.4 3.9 15 22 1.77 17.83 247
493 Mahindra Mnulfe Hybrd Eqt Nivsh Yjn NR - - - - - - 2.46 10.24 NR - - - - - 0.68 10.42 124
494 Mirae Asset Hybrid Equity -5.5 4.5 - - 4 - 1.91 14.25 -4.0 6.2 - 3 - 0.45 15.50 3274
495 Motilal Oswal Equity Hybrid NR 0.8 - - - - - 2.53 10.84 NR 2.4 - - - - 0.64 11.15 305
496 Nippon India Equity Hybrid -23.8 -6.4 0.9 6.9 33 24 2.00 41.26 -23.2 -5.4 2.1 33 24 1.23 44.68 4714
497 PGIM India Hybrid Eqt -8.5 -0.6 1.8 5.4 24 - 2.40 62.84 -7.1 0.9 3.3 23 - 0.82 69.13 104
498 Principal Hybrid Equity -7.6 1.9 6.9 8.8 13 5 2.23 70.50 -6.5 3.2 8.1 13 4 1.02 76.10 1052
499 Principal Retrmnt Svngs Prgrsv NR -12.7 -1.0 - - 26 - 2.25 12.05 NR -11.8 -0.3 - 26 - 1.18 12.43 2
500 Quant Absolute NR -5.1 2.7 6.3 8.1 9 8 2.48 133.02 NR -3.4 3.7 6.9 11 9 0.57 137.30 2
501 SBI Equity Hybrid -3.8 5.2 6.9 10.4 3 4 1.74 132.57 -3.2 6.1 8.0 4 5 1.03 141.48 28583
502 Shriram Hybrid Equity -5.0 2.6 4.1 - 11 16 2.35 16.13 -3.5 3.8 5.1 10 16 0.65 17.05 53
503 Sundaram Equity Hybrid -5.4 4.0 6.4 6.6 5 7 2.17 87.09 -4.5 5.4 7.4 5 8 1.09 92.59 1514
504 Tata Hybrid Equity -10.2 -0.3 3.0 9.4 22 21 1.98 194.79 -9.3 1.0 4.1 22 21 0.96 208.32 3089
505 Tata Retrmnt Svngs Moderate -3.1 3.4 7.2 - 7 2 2.23 29.12 -1.6 4.8 8.7 7 2 0.87 32.26 1034
506 UTI Hybrid Equity -11.0 -1.7 3.6 7.0 28 17 1.99 150.23 -10.3 -1.0 4.2 29 20 1.28 156.34 3472
Hybrid: Balanced Hybrid -5.4 1.1 4.4 7.3 10 8 -4.7 1.8 5.1 10 8
507 Axis Children’s Gift NR -3.7 4.5 - - 2 - 2.47 13.10 NR -2.4 6.1 - 1 - 1.07 14.03 409
508 Franklin Life Stage FoF 30s NR -17.7 -3.0 1.9 6.6 10 8 1.32 49.50 NR -17.2 -2.4 2.6 10 8 0.45 51.69 4
509 Franklin Pension NR 1.5 4.0 6.0 8.9 3 2 2.27 131.03 NR 2.3 4.8 6.8 3 2 1.53 138.13 407
VR Balanced Total Return Index -8.5 4.5 5.9 8.0


Hybrid: Balanced Hybrid -5.4 1.1 4.4 7.3 10 8 -4.7 1.8 5.1 10 8
510 ICICI Pru Asset Allocator (FOF) NR -1.2 5.2 8.1 9.0 1 1 1.22 55.58 NR 0.0 6.0 8.6 2 1 0.06 57.96 6964
511 ICICI Pru Passive Strategy (FOF) NR -15.0 -1.1 3.9 7.2 9 5 0.31 56.68 NR -14.7 -0.8 4.3 9 5 0.01 58.45 78
512 LIC MF Children’s Gift NR -5.4 -1.0 2.7 4.4 7 7 2.42 16.50 NR -4.8 -0.1 3.7 7 7 1.42 17.67 10
513 Principal Retrmnt Svngs Moderate NR -4.0 1.6 - - 4 - 2.25 12.29 NR -3.3 2.2 - 4 - 1.59 12.65 1
514 Tata Young Citizens NR -5.8 -1.1 2.8 7.0 8 6 2.52 23.93 NR -5.2 -0.1 3.9 8 6 1.72 25.78 157
515 UTI Children’s Career Svngs NR -0.9 1.4 5.2 8.4 5 3 1.78 22.47 NR -0.7 1.6 5.4 5 4 1.60 22.73 3303
516 UTI Retrmnt Benefit Pension NR -1.7 0.6 4.8 6.7 6 4 2.06 24.98 NR -1.1 1.2 5.5 6 3 1.26 26.07 2636
Hybrid: Conservative Hybrid 1.1 3.3 5.8 7.5 36 33 2.0 4.2 6.7 36 33
517 ABSL Regular Savings -3.7 0.6 5.5 8.3 30 23 1.97 38.13 -3.0 1.6 6.5 30 21 1.12 40.71 1203
518 ABSL Retirement 50s NR 8.2 - - - - - 1.97 11.07 NR 9.8 - - - - 0.81 11.27 29
519 Axis Regular Saver 6.5 4.3 5.3 - 18 25 2.27 19.93 7.5 5.3 6.6 16 20 1.22 21.86 172
520 Axis Retrmnt Svngs - Cons Plan NR - - - - - - 2.06 10.16 NR - - - - - 0.31 10.26 105
521 Baroda Conservative Hybrid 8.3 7.6 7.6 7.9 1 4 2.05 26.99 9.2 8.5 8.5 2 7 1.25 28.75 23
522 BNP Paribas Cons Hybrid 4.7 5.2 6.6 7.7 9 12 2.22 30.28 6.3 7.2 8.8 4 6 0.77 34.12 309
523 BOI AXA Conservative Hybrid 3.1 -1.0 3.2 5.6 33 30 2.32 19.14 3.7 -0.4 3.8 33 30 1.72 19.83 93
524 Canara Robeco Cons Hybrid 8.2 6.5 6.9 8.3 3 8 1.93 62.33 9.3 7.6 8.1 3 9 0.79 67.30 218
525 DSP Regular Savings 3.0 2.3 5.1 7.2 27 27 2.18 37.07 4.7 3.7 6.3 24 22 0.58 39.81 193
526 Essel Regular Savings 2.3 3.7 5.5 - 22 22 2.35 19.63 3.4 5.3 7.3 17 12 0.68 21.92 34
527 Franklin Debt Hybrid 2.4 4.0 5.9 7.9 21 19 2.26 57.74 3.2 4.7 6.7 21 18 1.39 61.07 220
528 Franklin Life Stage FoF 40s -18.9 -3.3 1.7 6.0 35 32 1.63 39.26 -18.4 -2.6 2.4 35 32 1.06 41.26 9
529 Franklin Life Stage FoF 50s Plus -25.3 -5.8 0.0 4.2 36 33 1.78 26.99 -24.9 -5.1 0.7 36 33 1.23 28.38 6
530 Franklin Life Stage FoF 50s Plus FR 3.3 5.5 6.6 7.9 7 10 0.79 39.42 3.8 6.0 7.1 13 15 0.11 40.69 22
531 HDFC Hybrid Debt -0.6 2.5 6.0 7.8 25 17 1.86 46.29 -0.2 3.0 6.6 28 19 1.41 48.06 2320
532 HDFC Retrmnt Svngs Hybrid Debt 3.7 4.6 - - 16 - 2.14 13.83 4.8 6.0 - 12 - 1.14 14.71 79
533 HSBC Managed Solutions Ind Cons 4.0 4.0 5.8 - 19 20 1.63 15.26 4.8 4.5 6.2 22 23 0.87 15.58 60
534 HSBC Regular Savings 4.4 4.0 6.2 7.7 20 15 2.27 38.98 6.3 5.0 7.0 20 16 0.55 41.13 86
535 ICICI Pru Income Optimizer (FOF) 1.4 4.7 5.7 7.2 15 21 1.07 35.31 2.1 5.2 6.2 18 24 0.10 36.74 97
536 ICICI Pru Regular Savings 5.4 6.2 8.5 9.4 5 2 1.95 45.59 6.0 7.0 9.3 6 2 1.39 48.19 1544
537 ICICI Pru Retirement Hybrid Cons NR 4.8 - - - - - 2.08 10.87 NR 6.6 - - - - 0.49 11.13 62
538 ICICI Pru Thematic Advtg (FOF) -6.5 -0.2 5.9 7.4 31 18 1.25 66.91 -6.5 0.1 6.2 32 25 0.90 67.91 8
539 IDFC Asset Allocation Agrsv -8.7 -0.3 3.5 7.0 32 29 1.18 21.15 -8.0 0.5 4.2 31 29 0.45 22.01 11
540 IDFC Asset Allocation Cons 4.0 5.1 6.7 8.1 12 9 0.74 22.31 4.7 5.9 7.4 14 11 0.10 23.20 8
541 IDFC Asset Allocation Moderate -1.6 2.8 5.4 7.9 24 24 1.15 22.39 -0.9 3.5 6.0 25 26 0.45 23.21 24
542 IDFC Regular Savings 3.6 4.3 6.3 8.1 17 13 2.26 22.57 4.5 5.2 7.2 19 13 1.33 24.09 174
543 Indiabulls Savings Income 0.4 7.2 - - 2 - 2.00 13.87 2.0 8.8 - 1 - 0.25 14.81 22
544 Kotak Asset Allocator 7.9 6.3 8.3 9.4 4 3 0.75 88.58 8.4 7.1 9.1 5 3 0.34 91.86 50
545 Kotak Debt Hybrid 6.4 5.0 7.6 8.3 13 5 2.22 33.49 7.6 6.3 8.9 9 4 1.15 36.24 236
546 L&T Conservative Hybrid 4.1 4.8 6.2 6.9 14 14 2.29 36.99 4.7 5.5 7.0 15 17 1.74 38.92 32
547 LIC MF Debt Hybrid 6.8 5.5 6.1 6.3 6 16 2.24 58.97 7.7 6.5 7.1 8 14 1.18 62.42 63
548 Nippon India Hybrid Bond -13.1 -2.2 2.3 6.0 34 31 2.15 37.28 -12.5 -1.4 3.2 34 31 1.58 39.71 829
549 Nippon India Retrmnt Incm Generation 4.5 5.1 7.1 - 11 7 2.19 14.01 5.5 6.3 8.5 10 8 1.25 15.03 249
550 Principal Retrmnt Svngs Cons NR -1.7 2.0 - - 28 - 2.25 12.25 NR -1.3 2.5 - 29 - 1.80 12.50 1
551 SBI Debt Hybrid 4.0 3.4 6.6 7.8 23 11 1.80 41.46 4.6 4.2 7.5 23 10 1.19 44.10 939
552 SBI Magnum Children’s Benefit 1.7 5.1 9.6 10.3 10 1 2.23 56.68 2.5 6.1 10.5 11 1 1.43 60.46 62
553 Sundaram Debt Oriented Hybrid 2.8 2.0 5.0 6.6 29 28 2.18 19.33 3.7 3.1 6.0 26 27 1.35 20.37 34
554 Tata Retrmnt Savings Cons 5.3 5.4 7.3 - 8 6 2.22 21.24 6.6 6.8 8.8 7 5 1.05 23.42 134
555 UTI Regular Savings -1.5 2.4 5.2 7.5 26 26 1.78 39.95 -0.9 3.1 6.0 27 28 1.11 41.95 1658
VR MIP Total Return Index 1.3 6.0 6.9 7.7


Hybrid: Equity Savings -1.8 2.6 4.7 14 8 -0.9 3.7 5.4 14 7
556 ABSL Eqt Savings -1.5 2.0 5.2 - 11 5 2.53 13.39 -0.6 3.1 6.3 12 4 1.61 14.22 537
557 Axis Equity Saver -0.9 4.7 - - 3 - 2.35 12.87 0.3 5.9 - 3 - 1.02 13.63 679
558 Baroda Equity Savings NR - - - - - - 1.98 10.63 NR - - - - - 1.05 10.74 427
559 DSP Equity Savings -3.1 2.1 - - 10 - 2.39 12.36 -1.6 3.7 - 9 - 0.85 13.14 433
560 Edelweiss Equity Savings 4.1 6.2 6.5 - 1 1 1.74 14.65 5.1 7.3 7.3 1 1 0.74 15.26 77
561 Franklin Eqt Savings NR -4.9 - - - - - 2.13 9.80 NR -3.1 - - - - 0.17 10.14 152
562 HDFC Equity Savings -4.9 2.2 6.3 7.7 9 - 2.04 35.57 -4.2 3.4 7.6 11 - 1.27 38.07 3182
563 ICICI Pru Equity Savings -1.8 4.1 6.3 - 4 3 1.36 13.85 -1.1 4.8 - 4 - 0.70 12.88 1157
564 IDBI Eqt Savings NR 0.2 2.0 3.4 - - - 2.16 16.59 NR 1.1 3.5 4.6 - - 1.34 17.80 11
565 IDFC Equity Savings NR 0.3 3.4 4.6 6.2 - - 2.48 20.45 NR 1.3 4.4 5.5 - - 1.53 21.57 53
566 Invesco India Equity Savings NR 2.2 - - - - - 2.36 10.47 NR 4.0 - - - - 0.55 10.73 158
567 Kotak Equity Savings 2.2 5.5 6.5 - 2 2 2.16 14.68 3.1 6.3 7.2 2 2 1.21 15.30 1409
568 L&T Equity Savings -5.2 0.8 3.1 - 13 7 1.60 16.70 -4.4 1.7 4.0 13 6 0.64 17.72 81
569 Mahindra Mnlfe EqtSvgs Dhn Schy Yjn -1.1 1.9 - - 12 - 2.42 11.29 0.5 3.9 - 8 - 0.74 12.08 190
570 Mirae Asset Equity Savings NR 1.4 - - - - - 1.43 10.71 NR 2.6 - - - - 0.39 10.90 88
571 Nippon India Eqt Svngs Fund -21.4 -6.0 -0.5 - 14 8 2.56 9.87 -20.8 -5.1 0.5 14 7 1.77 10.40 456
572 PGIM India Equity Savings -2.5 3.2 5.0 7.0 6 6 2.49 31.46 -1.5 4.4 6.1 6 5 1.47 33.97 36
573 Principal Equity Savings 0.4 3.5 5.4 5.8 5 - 2.35 36.44 1.5 4.7 6.5 5 - 1.29 39.05 36
574 SBI Equity Savings -0.7 3.1 5.2 - 7 4 1.68 13.02 -0.1 4.3 6.6 7 3 1.01 13.95 1324
575 Sundaram Equity Savings NR -1.1 - - - - - 2.41 10.36 NR 0.7 - - - - 0.91 10.66 107
576 Tata Equity Savings -1.1 2.6 4.0 6.0 8 - 2.29 32.91 -0.1 3.7 5.1 10 - 1.19 35.45 96
577 Union Equity Savings NR 2.2 - - - - - 2.09 10.85 NR - - - - - 1.47 10.98 175
578 UTI Equity Savings NR -1.8 - - - - - 1.52 10.06 NR -1.1 - - - - 0.81 10.24 194
Hybrid: Arbitrage 5.2 5.6 6.0 7.2 17 15 5.8 6.3 6.6 17 15
579 ABSL Arbitrage 5.7 6.0 6.0 7.0 7 8 0.90 20.36 6.3 6.6 6.7 8 7 0.32 21.21 4182
580 Axis Arbitrage 5.7 5.9 6.0 - 9 9 0.99 14.36 6.5 6.7 6.8 3 3 0.27 15.05 3027
581 BNP Paribas Arbitrage 6.0 6.0 - - 6 - 1.00 12.38 6.6 6.7 - 4 - 0.45 12.63 785
582 BOI AXA Arbitrage NR 4.3 - - - - - 1.00 11.06 NR 5.1 - - - - 0.22 11.22 31
583 DSP Arbitrage NR 5.5 - - - - - 0.93 11.52 NR 6.1 - - - - 0.35 11.69 1104
584 Edelweiss Arbitrage 6.0 6.1 6.2 - 2 1 1.09 14.79 6.8 6.9 6.9 2 1 0.35 15.33 3569
585 Essel Arbitrage NR 2.3 - - - - - 2.25 10.71 NR 2.7 - - - - 1.76 10.82 1
586 HDFC Arbitrage 5.2 5.5 5.9 7.1 15 12 0.90 23.47 NR 5.7 6.1 6.4 15 13 0.35 15.04 5666
587 ICICI Pru Equity Arbitrage 5.6 5.9 6.1 7.6 8 6 0.93 26.22 6.2 6.5 6.7 10 5 0.45 27.33 10520
588 IDFC Arbitrage 5.2 5.9 6.0 7.3 10 11 1.08 24.94 6.0 6.6 6.7 6 8 0.30 26.06 7978
589 Indiabulls Arbitrage 5.1 5.7 6.0 - 13 7 1.12 14.07 5.7 6.2 6.6 13 9 0.42 14.53 25
590 Invesco India Arbitrage 5.8 5.8 6.0 7.1 11 10 1.03 24.23 6.5 6.5 6.6 11 11 0.32 25.34 470
591 ITI Arbitrage NR - - - - - - 1.00 10.36 NR - - - - - 0.25 10.42 13
592 JM Arbitrage 4.0 5.0 5.5 7.0 16 15 0.96 25.69 4.4 5.4 5.9 16 15 0.70 26.59 138
593 Kotak Equity Arbitrage 5.7 6.1 6.2 7.5 3 3 0.98 28.38 6.2 6.6 6.7 7 6 0.44 29.45 14663
594 L&T Arbitrage Opportunities 6.0 6.1 6.1 - 4 4 0.96 14.61 6.5 6.7 6.7 5 4 0.46 15.13 763
595 LIC MF Arbitrage NR 5.2 - - - - - 1.01 10.79 NR 5.9 - - - - 0.36 10.89 64
596 Mirae Asset Arbtg Fund NR - - - - - - - 10.03 NR - - - - - - 10.03 -
597 Nippon India Arbitrage 5.7 6.2 6.2 - 1 2 1.02 20.38 6.4 6.9 6.9 1 2 0.31 21.24 7944
598 PGIM India Arbitrage 5.1 5.6 5.8 - 14 13 1.07 14.26 5.6 6.2 6.4 14 12 0.43 14.73 114
599 Principal Arbitrage NR 3.3 2.4 - - 17 - 0.90 11.46 NR 3.8 2.9 - 17 - 0.42 11.74 6
600 SBI Arbitrage Opportunities 5.1 5.8 5.8 7.2 12 14 0.90 25.71 5.6 6.4 6.4 12 14 0.45 26.68 5200
601 Sundaram Arbtg NR - - - - - - 0.93 10.15 NR - - - - - 0.26 10.18 95
CCIL T Bill Liquidity Weight 4.0 4.1 4.3 4.8
VR MIP Total Return Index 1.3 6.0 6.9 7.7


Hybrid: Arbitrage 5.2 5.6 6.0 7.2 17 15 5.8 6.3 6.6 17 15
602 Tata Arbitrage NR 6.2 - - - - - 1.13 11.00 NR 7.1 - - - - 0.38 11.13 1619
603 Union Arbitrage NR 5.9 - - - - - 1.00 10.85 NR 6.4 - - - - 0.41 10.92 85
604 UTI Arbitrage 5.7 6.1 6.1 7.1 5 5 0.93 26.75 6.3 6.6 6.6 9 10 0.35 27.70 2849
Hybrid: Dynamic Asset Allocation -1.2 3.0 5.1 7.9 14 12 0.0 4.1 6.2 14 12
605 ABSL Asset Allocator MMFoF 2.0 3.4 6.8 6.4 7 3 1.29 29.43 2.6 3.8 7.1 9 4 0.64 14.88 5
606 ABSL Balanced Advantage -1.7 2.6 7.3 7.9 10 1 2.09 52.70 -0.7 3.7 8.3 10 1 1.00 56.35 2296
607 Axis Dynamic Equity NR -1.2 - - - - - 2.12 10.92 NR 0.1 - - - - 0.73 11.41 1529
608 Baroda Dynamic Equity NR 4.6 - - - - - 2.43 11.17 NR 6.1 - - - - 1.20 11.45 535
609 BNP Paribas Dynamic Eqt NR 2.5 - - - - - 2.37 10.72 NR 4.5 - - - - 0.55 10.98 101
610 BOI AXA Eqt Debt Rebalancer 2.0 -0.4 2.7 - 13 11 2.34 14.13 2.6 0.2 3.3 13 11 1.73 14.62 96
611 DSP Dynamic Asset Allocation 4.8 5.2 6.9 - 4 2 2.19 16.03 6.5 6.7 8.1 3 2 0.56 17.21 1238
612 Edelweiss Balanced Advtg 3.0 5.5 5.2 8.5 2 6 2.17 24.55 4.6 6.8 6.3 2 7 0.69 26.15 1287
613 Franklin Dynamic Asset Alloc FoF -19.8 -2.8 1.7 5.9 14 12 1.36 67.22 -19.0 -1.8 2.8 14 12 0.49 72.40 710
614 HDFC Balanced Advantage NR -17.6 -1.1 4.5 8.9 - - 1.62 170.38 NR -17.1 -0.2 5.4 - - 1.07 178.50 33772
615 ICICI Pru Balanced Advantage -2.2 4.4 6.6 10.6 5 4 1.71 35.30 -1.7 5.4 7.8 5 3 1.09 38.17 24582
616 IDFC Dynamic Equity 2.6 5.6 5.2 - 1 7 2.40 13.83 3.9 7.1 6.6 1 6 1.00 14.92 829
617 Invesco India Dynamic Equity -4.1 3.2 5.3 8.8 8 5 2.32 28.09 -2.9 4.5 6.8 7 5 1.01 31.12 719
618 ITI Balanced Advtg NR - - - - - - 2.53 8.51 NR - - - - - 0.43 8.60 204
619 Kotak Balanced Advantage NR 1.9 - - - - - 2.01 10.82 NR 3.0 - - - - 0.81 11.05 3584
620 L&T Balanced Advantage 3.0 5.2 4.5 - 3 - 2.44 25.25 4.3 6.4 5.8 4 - 1.16 27.33 631
621 Motilal Oswal Dynamic 1.8 4.1 - - 6 - 2.24 12.70 3.0 5.3 - 6 - 0.84 13.25 1062
622 Nippon India Balanced Advantage NR -5.5 2.7 5.2 8.7 - - 2.04 87.29 NR -4.3 3.8 6.1 - - 0.80 92.61 2664
623 Principal Balanced Advantage 0.7 2.6 4.4 - 9 10 2.42 20.63 2.1 4.0 5.8 8 8 1.02 22.42 135
624 SBI Dynamic Asset Allocation -6.5 1.8 4.7 - 11 9 2.17 12.53 -5.4 3.0 5.6 11 9 0.97 13.10 561
625 Shriram Balanced Advantage NR - - - - - - 2.60 10.20 NR - - - - - 0.60 10.41 40
626 Sundaram Balanced Advtg NR - - - - - - 2.64 10.75 NR - - - - - 0.56 10.81 543
627 Tata Balanced Advantage NR 0.8 - - - - - 2.26 10.64 NR 2.6 - - - - 0.87 10.92 993
628 Union Balanced Advantage NR 3.4 - - - - - 2.58 11.14 NR 4.1 - - - - 1.81 11.33 434
629 UTI Unit Linked Insurance -0.4 1.8 4.7 7.1 12 8 1.98 24.27 0.3 2.4 5.4 12 10 1.14 25.29 4100
Hybrid: Multi Asset Allocation -2.1 2.6 5.1 6.6 10 10 -1.4 3.4 5.9 10 10
630 ABSL Fin Planning FOF Agrsv NR -1.4 3.0 6.3 - 5 2 1.07 22.38 NR -0.5 3.8 7.2 5 2 0.32 23.55 107
631 ABSL Fin Planning FOF Cons NR 4.7 4.9 6.2 - 3 3 0.83 19.28 NR 5.3 5.5 6.8 3 4 0.30 20.04 5
632 ABSL Fin Planning FOF Moderate Plan NR 1.8 4.1 6.2 - 4 4 1.00 20.47 NR 2.4 4.7 6.8 4 5 0.47 21.25 13
633 Axis Retrmnt Svngs - Dynamic Plan NR - - - - - - 2.35 9.65 NR - - - - - 0.55 9.74 232
634 Axis Triple Advantage NR -0.1 5.2 5.7 - 2 6 2.37 20.01 NR 1.2 6.3 6.8 1 3 0.92 21.70 297
635 Essel 3 in 1 NR -3.6 2.0 4.1 - 7 8 2.24 17.46 NR -2.3 3.1 5.5 6 8 0.94 19.09 16
636 Franklin Multi Asset Solution NR -19.6 -4.3 -0.2 - 10 10 1.62 10.14 NR -19.1 -3.4 1.1 10 10 1.04 10.91 19
637 HDFC Dynamic PE Ratio FOF NR -4.8 2.0 5.8 - 6 5 1.00 18.10 NR -4.0 2.9 6.7 7 6 0.20 19.24 15
638 HDFC Multi Asset NR -0.6 2.9 5.3 7.5 - - 2.47 32.18 NR 0.2 3.6 6.0 - - 1.67 33.70 218
639 HSBC Managed Solutions Ind Moderate NR -5.5 1.3 5.6 - 9 7 1.93 16.17 NR -4.9 1.7 5.9 9 7 1.34 16.50 83
640 ICICI Pru Multi Asset NR -7.9 2.4 6.6 9.7 - - 1.74 251.89 NR -7.3 3.3 7.5 - - 1.04 267.79 10173
641 Quant Multi Asset NR -3.0 1.3 4.6 5.6 - - 2.48 36.13 NR -2.9 1.2 4.5 - - 2.38 36.04 1
642 Quantum Multi Asset FOFs NR 4.4 6.0 7.3 - 1 1 0.50 19.45 NR 4.6 6.2 7.4 2 1 0.26 19.54 19
643 SBI Multi Asset Allocation NR 7.8 6.2 7.4 8.9 - - 1.83 29.39 NR 8.4 7.2 8.4 - - 1.21 31.19 227
644 Tata Multi Asset Opp Fund NR - - - - - - 2.46 10.16 NR - - - - - 0.90 10.23 364
645 UTI Multi Asset NR -1.1 1.9 3.7 6.6 8 9 2.47 33.49 NR -0.3 2.8 4.5 8 9 1.76 35.47 605

Debt REGULAR DIRECT

No Fund Name Rating 1M 3M 1Y 3Y 1 Y 3 Y Expense NAV Rating 1M 3M 1Y 3Y 1 Y 3 Y Expense NAV (` Cr)
Debt: Long Duration 1.3 4.0 12.5 8.6 2 1 1.1 3.9 12.9 9.2 2 1
646 Bhrt Bond ETF - April 2030 NR 2.1 4.4 - - - - 0.01 1085.98 NR - - - - - - - - 8585
647 Bhrt Bond FOF - April 2030 NR 2.1 4.3 - - - - 0.05 10.85 NR 2.1 4.3 - - - - 0.05 10.85 962
648 ICICI Pru Long Term Bond NR -0.1 3.5 12.1 8.6 2 1 1.80 69.60 NR -0.1 3.6 12.6 9.2 2 1 1.58 74.07 1016
649 Nippon India Nivesh Lakshya NR 1.4 3.8 12.9 - 1 - 0.53 13.50 NR 1.4 3.9 13.3 - 1 - 0.21 13.59 1307
Debt: Medium to Long Duration 1.2 3.9 10.3 6.3 14 14 1.2 4.0 11.1 7.1 14 14
650 ABSL Income 1.6 4.4 12.2 7.5 6 6 0.72 94.07 1.6 4.5 13.0 8.2 6 6 0.25 99.27 1460
651 Canara Robeco Income 1.0 4.1 11.1 7.5 8 5 1.88 44.21 1.1 4.4 12.3 8.5 8 5 0.80 46.85 121
652 HDFC Income 0.8 2.7 9.7 5.5 11 12 2.26 45.22 0.8 2.8 10.3 6.0 11 12 1.80 47.72 564
653 HSBC Debt 0.7 3.4 10.3 6.8 10 10 2.07 33.91 0.8 3.6 11.2 7.6 10 11 1.23 35.96 37
654 ICICI Pru Bond 1.5 3.9 12.8 8.0 3 4 1.08 29.73 1.5 4.0 13.4 8.6 4 4 0.61 30.70 3537
655 ICICI Pru Debt Management (FOF) 1.4 3.1 9.6 7.4 12 7 0.83 32.61 1.5 3.1 9.9 8.0 12 8 0.67 33.65 169
656 IDFC Bond Income 1.1 4.8 13.1 8.0 2 3 1.92 52.22 1.2 5.0 13.8 8.8 2 3 1.30 55.28 675
657 JM Income 0.4 3.0 4.3 1.3 13 13 1.16 48.33 0.5 3.2 5.3 2.3 13 13 0.40 52.08 18
658 Kotak Bond 1.0 4.1 12.2 7.1 5 9 1.90 58.80 1.1 4.4 13.4 8.2 3 7 0.80 62.60 1312
659 LIC MF Bond 0.9 4.0 10.9 7.1 9 8 1.08 55.99 1.0 4.2 11.7 7.8 9 9 0.18 58.33 179
660 Nippon India Income 1.3 4.2 12.4 8.2 4 1 1.75 69.51 1.4 4.3 13.3 9.0 5 1 1.02 73.98 420
661 SBI Magnum Income 1.5 3.5 13.6 8.1 1 2 1.47 52.38 1.5 3.6 14.3 8.9 1 2 0.86 54.68 1318
662 Tata Income 1.8 3.9 11.8 6.5 7 11 1.99 62.85 1.8 4.1 12.8 7.7 7 10 1.44 66.95 53
663 UTI Bond 1.2 5.1 0.0 -1.2 14 14 1.57 49.53 1.3 5.2 1.0 -0.4 14 14 0.96 52.94 314
Debt: Medium Duration 1.4 2.5 6.3 5.6 16 14 1.5 2.5 7.1 6.4 16 14
664 ABSL Medium Term 1.6 -2.4 -6.6 0.6 15 14 0.85 21.44 1.7 -2.2 -6.0 1.3 15 14 0.05 22.53 2065
665 Axis Strategic Bond 1.2 2.0 10.2 7.3 6 4 1.04 19.94 1.3 2.1 11.0 8.0 5 4 0.35 21.18 842
666 Bhrt Bond ETF - April 2023 NR 1.7 4.4 - - - - 0.01 1068.45 NR - - - - - - - - 5157
667 Bhrt Bond FOF - April 2023 NR 1.7 4.3 - - - - 0.05 10.67 NR 1.7 4.3 - - - - 0.05 10.67 810
668 BNP Paribas Medium Term 0.8 2.9 8.3 2.8 10 12 1.02 14.54 0.8 3.0 8.9 3.5 11 12 0.58 15.25 51
669 DSP Bond 1.3 4.0 10.4 5.3 5 10 0.73 61.56 1.4 4.1 10.9 5.7 6 10 0.40 64.21 242
670 HDFC Medium Term Debt 1.7 1.5 8.7 7.1 9 5 1.29 40.90 1.8 1.7 9.5 7.9 8 5 0.49 42.82 912
671 ICICI Pru Medium Term Bond 1.4 1.4 9.9 6.9 7 6 1.64 31.75 1.4 1.5 10.5 7.7 7 6 1.03 33.72 4960
672 ICICI Pru Retrmnt Pure Debt NR 1.4 3.7 11.2 - 4 - 2.14 11.57 NR 1.5 4.1 13.2 - 2 - 0.42 11.85 365
673 IDFC Bond Medium Term 1.5 4.6 11.6 8.1 2 3 1.43 35.70 1.6 4.7 12.4 8.8 4 3 0.75 37.56 2973
674 Indiabulls Income 0.8 3.1 8.9 8.3 8 2 0.90 17.24 0.8 3.3 9.4 8.9 9 2 0.40 18.30 28
675 Kotak Medium Term 2.0 1.1 8.1 6.1 11 8 1.90 16.48 2.1 1.4 9.0 6.9 10 8 0.87 17.43 1465
676 L&T Resurgent India Bond 2.2 0.0 7.6 5.5 13 9 1.50 14.73 2.2 0.2 8.6 6.5 12 9 0.60 15.44 743
677 Nippon India Strategic Debt 0.8 0.4 -23.4 -7.7 16 - 2.12 10.58 0.9 0.6 -22.8 -6.9 16 - 1.57 11.15 443
678 SBI Magnum Medium Duration 1.5 3.7 12.8 8.7 1 1 1.22 37.38 1.5 3.8 13.2 9.4 1 1 0.78 39.35 3246
679 Sundaram Medium Term Bond 1.1 2.7 7.6 6.1 12 7 2.18 56.51 1.2 2.9 8.6 7.1 13 7 1.33 60.26 73
680 Tata Medium Term 2.0 4.1 11.6 1.0 3 13 1.38 27.01 2.1 4.4 12.6 1.9 3 13 0.38 29.08 48
681 UTI Medium Term 0.9 2.8 3.8 4.8 14 11 1.63 14.04 1.0 2.9 4.5 5.5 14 11 1.10 14.59 118
Debt: Short Duration 1.2 2.5 8.6 5.8 28 25 1.3 2.6 9.3 6.5 28 25
682 ABSL Short Term 1.8 4.0 9.4 7.5 19 12 1.13 34.50 1.8 4.2 10.2 8.2 19 12 0.43 36.09 1862
683 Axis Short Term 1.6 3.8 11.5 8.3 4 5 0.95 22.98 1.7 4.0 12.2 9.0 4 1 0.28 24.30 6005
684 Baroda Short Term Bond 1.6 1.4 8.5 7.7 20 10 1.35 21.98 1.7 1.6 9.2 8.4 20 11 0.65 23.04 181
685 BNP Paribas Short term 1.5 3.8 11.2 7.3 9 14 0.95 23.54 1.5 4.0 12.1 8.1 5 14 0.35 24.64 143
686 BOI AXA ST Income 0.8 -7.6 -7.7 -3.2 28 25 1.10 16.54 0.8 -7.5 -7.2 -2.7 28 25 0.55 17.57 36
687 Canara Robeco Short Duration 1.5 3.6 9.9 7.4 17 - 1.02 19.61 1.6 3.8 10.7 8.2 18 - 0.37 20.75 508
688 DSP Short-term 1.2 3.9 10.8 7.7 14 9 0.92 35.50 1.2 4.1 11.6 8.5 14 10 0.29 37.40 3274
689 Edelweiss Short Term -1.8 0.3 7.9 3.5 21 20 0.79 16.66 -1.8 0.5 8.7 4.1 21 19 0.10 17.18 8
690 HDFC Short Term Debt 1.6 3.7 11.5 8.6 5 1 0.39 23.47 1.6 3.7 11.7 8.8 13 7 0.24 23.74 10324
VR Bond Index 0.5 2.3 7.8 6.9

Debt REGULAR DIRECT

Debt: Short Duration 1.2 2.5 8.6 5.8 28 25 1.3 2.6 9.3 6.5 28 25
691 HSBC Short Duration 1.1 -6.8 -1.0 0.6 27 24 1.29 27.90 1.2 -6.6 0.0 1.6 27 24 0.24 29.85 170
692 ICICI Pru Short Term 1.6 3.9 11.2 7.9 10 8 1.51 43.81 1.6 4.1 12.0 8.8 7 6 0.40 46.18 13649
693 IDBI Short Term Bond 1.2 3.1 6.0 4.7 22 17 1.60 19.04 1.3 3.3 6.8 5.7 22 17 0.82 20.32 24
694 IDFC All Seasons Bond 1.6 4.3 12.5 8.5 2 2 0.51 33.08 1.7 4.4 12.9 9.0 2 2 0.12 34.15 115
695 IDFC Bond Short Term 1.6 3.9 11.4 8.3 6 3 0.80 43.18 1.6 4.1 12.0 8.9 8 4 0.28 45.13 12511
696 Indiabulls Short Term 0.7 2.1 4.4 6.2 24 15 1.43 1646.86 0.8 2.5 5.5 7.3 23 15 0.13 1781.88 32
697 Invesco India Short Term 1.6 3.9 11.1 7.7 11 11 1.25 2745.45 1.7 4.1 12.0 8.6 6 9 0.40 2925.11 698
698 JM Short-term 0.5 2.8 2.2 2.8 26 22 0.70 25.60 0.6 2.9 2.4 3.0 26 22 0.67 26.09 8
699 Kotak Bond Short-term 1.6 3.8 10.9 8.0 12 6 1.13 39.43 1.6 4.0 11.8 8.9 10 3 0.31 41.71 10534
700 L&T Short Term Bond 1.1 3.9 11.2 8.3 8 4 0.75 20.23 1.2 4.0 11.8 8.8 12 5 0.25 20.94 4535
701 LIC MF Short Term Debt NR 1.2 3.6 9.8 - 18 - 1.44 11.42 NR 1.3 3.9 11.0 - 16 - 0.38 11.59 247
702 Mirae Asset Short Term 1.0 3.0 10.0 - 16 - 1.09 12.02 1.1 3.3 10.9 - 17 - 0.32 12.24 338
703 Nippon India Short-term 1.6 3.4 10.4 7.5 15 13 1.11 39.06 1.6 3.6 11.3 8.2 15 13 0.31 40.96 6106
704 PGIM India Short Maturity 1.3 3.6 14.8 4.1 1 18 1.42 34.37 1.4 3.8 15.6 4.9 1 18 0.65 36.60 32
705 Principal Short Term Debt 1.3 -2.1 4.1 2.2 25 23 1.04 31.27 1.3 -2.0 4.5 2.8 25 23 0.57 32.96 96
706 SBI Short Term Debt 1.3 4.0 11.3 8.0 7 7 0.84 24.25 1.4 4.1 11.8 8.6 11 8 0.34 25.13 14266
707 Sundaram Short Term Debt 1.3 3.7 4.7 3.0 23 21 1.00 31.27 1.4 3.8 5.4 3.8 24 21 0.27 33.26 121
708 Tata Short-term Bond 1.7 3.9 10.8 5.7 13 16 1.20 36.76 1.8 4.1 11.9 6.6 9 16 0.28 38.95 2465
709 UTI Short-term Income 1.6 4.5 12.0 3.6 3 19 0.79 22.60 1.7 4.6 12.4 4.1 3 20 0.42 23.38 1456
Debt: Low Duration 0.9 1.2 5.1 4.6 25 25 0.9 1.4 5.6 5.1 25 25
710 ABSL Low Duration 1.2 2.8 8.7 7.6 9 8 1.23 496.99 1.2 3.0 9.7 8.5 4 2 0.41 528.80 8048
711 Axis Treasury Advantage 1.1 2.7 8.9 7.9 4 2 0.58 2316.95 1.1 2.8 9.2 8.3 6 3 0.28 2390.06 4777
712 Baroda Treasury Advantage 1.2 -5.8 -35.8 -15.8 25 25 0.90 1154.30 1.2 -5.7 -35.6 -15.5 25 25 0.59 1181.86 36
713 BNP Paribas Low Duration 1.0 2.4 8.8 7.3 6 10 1.00 30.74 1.0 2.6 9.7 8.1 3 7 0.12 32.40 193
714 Canara Robeco Savings 0.8 2.5 8.0 7.4 14 9 0.55 32.17 0.9 2.5 8.3 7.7 15 12 0.32 32.61 956
715 DSP Low Duration 0.9 2.6 9.7 7.8 1 5 0.58 15.05 0.9 2.7 10.1 8.1 2 5 0.30 15.31 2512
716 Edelweiss Low Duration -1.2 0.1 5.4 2.1 20 20 1.01 2103.59 -1.1 0.3 6.3 2.9 19 20 0.21 2167.93 22
717 HDFC Low Duration 1.1 2.4 8.2 7.2 13 11 1.04 43.10 1.1 2.6 8.8 7.9 12 11 0.44 45.36 12615
718 HSBC Low Duration 1.1 -7.3 -2.9 0.0 24 23 1.02 14.59 1.2 -7.1 -2.1 0.8 24 22 0.19 15.42 80
719 ICICI Pru Savings 1.2 3.0 9.1 7.9 3 1 0.50 398.97 1.2 3.0 9.2 8.1 7 6 0.41 402.17 18250
720 IDFC Low Duration 1.2 2.6 8.6 7.7 10 6 0.48 29.32 1.2 2.7 8.9 7.9 11 10 0.26 29.67 4144
721 Invesco India Treasury Advtg 0.9 2.8 8.8 7.8 5 4 0.65 2868.03 0.9 2.9 9.2 8.1 8 4 0.35 2944.34 1670
722 JM Low Duration 0.9 2.2 -1.4 0.1 23 22 0.46 23.70 0.9 2.2 -1.3 0.2 23 23 0.42 23.89 30
723 Kotak Low Duration 1.3 2.8 9.3 7.9 2 3 1.07 2534.40 1.4 3.0 10.1 8.7 1 1 0.33 2659.53 4051
724 L&T Low Duration 1.1 0.0 5.6 5.6 19 17 0.96 20.99 1.1 0.1 6.1 6.1 20 16 0.46 21.55 427
725 LIC MF Savings 0.9 2.3 7.6 5.8 16 15 0.83 29.98 1.0 2.4 8.1 6.4 16 15 0.28 31.54 713
726 Mahindra Manulife Low Duration 0.9 2.1 7.7 7.0 15 13 1.13 1257.15 1.0 2.3 8.6 8.0 14 8 0.31 1295.89 357
727 Mirae Asset Savings 0.8 2.0 6.7 6.2 17 14 0.85 1720.00 0.9 2.2 7.4 6.9 18 14 0.27 1815.31 487
728 Nippon India Low Duration 1.1 2.1 8.8 7.2 8 12 1.05 2809.34 1.1 2.3 9.3 7.6 5 13 0.34 2887.03 2452
729 PGIM India Low Duration 0.6 0.5 6.7 0.7 18 21 1.19 23.06 0.7 0.6 7.5 1.4 17 21 0.40 24.13 74
730 Principal Low Duration 0.6 -4.0 1.0 -1.4 22 24 0.58 2518.73 0.7 -3.9 1.1 -1.1 22 24 0.37 2618.95 95
731 SBI Magnum Low Duration 0.9 2.5 8.4 7.7 12 7 1.04 2668.96 0.9 2.7 9.0 8.0 9 9 0.39 2701.16 8727
732 Sundaram Low Duration 0.9 2.2 3.3 3.7 21 18 0.83 25.26 0.9 2.3 3.8 4.3 21 18 0.33 26.25 404
733 Tata Treasury Advantage 1.0 2.8 8.6 5.7 11 16 0.54 2966.19 1.0 2.8 8.7 5.9 13 17 0.36 3004.42 645
734 UTI Treasury Advantage 0.9 2.8 8.8 3.5 7 19 0.38 2527.55 1.0 2.8 8.9 3.6 10 19 0.29 2554.57 1791
Debt: Ultra Short Duration 0.5 1.7 6.7 6.1 25 16 0.6 1.8 7.2 6.6 25 16
735 ABSL Savings 1.0 2.5 8.2 7.8 3 2 0.45 407.42 1.0 2.5 8.4 8.0 4 2 0.33 410.94 12902
736 Axis Ultra Short Term 0.6 1.5 6.8 - 13 - 1.19 11.36 0.6 1.8 7.7 - 8 - 0.28 11.54 3342
737 Baroda Ultra Short Duration 0.4 1.7 6.8 - 12 - 0.43 1163.27 0.4 1.8 7.0 - 17 - 0.25 1167.80 110

Debt REGULAR DIRECT

Debt: Ultra Short Duration 0.5 1.7 6.7 6.1 25 16 0.6 1.8 7.2 6.6 25 16
738 BOI AXA Ultra Short Duration 0.5 1.7 6.7 7.3 14 5 0.58 2457.76 0.5 1.8 6.9 7.5 18 7 0.33 2500.27 202
739 Canara Robeco Ultra ST 0.5 1.7 6.2 6.2 18 9 0.95 2982.42 0.6 1.8 6.8 6.8 19 11 0.36 3085.78 192
740 DSP Ultra Short 0.4 1.7 6.6 6.1 15 11 1.00 2643.38 0.5 1.9 7.4 6.9 13 10 0.29 2773.34 2625
741 Essel Ultra Short Term 0.4 1.3 5.6 6.1 21 10 1.60 2160.36 0.5 1.5 6.3 6.9 21 9 0.72 2260.81 21
742 HDFC Ultra Short Term 0.7 2.3 7.6 - 6 - 0.64 11.47 0.8 2.4 7.9 - 5 - 0.34 11.53 6643
743 HSBC Ultra SD NR 0.5 2.0 - - - - 0.47 1028.65 NR 0.6 2.0 - - - - 0.22 1029.74 513
744 ICICI Pru Ultra Short Term 0.8 1.9 7.8 7.5 4 - 1.04 20.75 0.9 2.1 8.4 8.1 3 - 0.39 21.92 5239
745 IDBI Ultra Short Term 0.5 0.9 10.7 6.4 2 8 0.67 2094.67 0.5 1.0 11.1 7.0 2 8 0.26 2185.71 118
746 IDFC Ultra Short Term 0.6 2.1 7.6 - 7 - 0.41 11.61 0.6 2.1 7.7 - 9 - 0.26 11.65 5416
747 Indiabulls Ultra Short Term 0.3 1.8 7.0 7.2 10 7 0.66 1976.04 0.4 2.0 7.5 7.6 12 6 0.11 2045.92 25
748 Invesco India Ultra Short Term 0.5 2.0 7.0 7.1 11 - 0.89 2078.48 0.6 2.1 7.6 7.7 11 - 0.24 2158.13 586
749 JM Ultra Short Duration 0.5 1.3 2.4 3.2 24 15 0.96 25.58 0.5 1.4 2.9 3.7 24 15 0.46 26.39 17
750 Kotak Savings 0.7 2.1 7.4 7.3 8 4 0.78 32.78 0.7 2.3 7.9 7.7 6 4 0.34 33.60 9128
751 L&T Ultra Short Term 0.5 2.1 7.3 7.3 9 6 0.53 33.36 0.5 2.1 7.7 7.6 10 5 0.23 34.15 1708
752 LIC MF Ultra ST NR 0.5 1.4 - - - - 0.51 1029.56 NR 0.5 1.4 - - - - 0.21 1031.40 28
753 Mahindra Manulife Ultra ST NR 0.7 2.0 - - - - 0.72 1051.06 NR 0.7 2.1 - - - - 0.30 1054.20 117
754 Motilal Oswal Ultra Short Term 0.3 1.2 5.6 1.0 20 16 0.08 13.24 0.3 1.2 5.6 1.1 22 16 0.08 13.62 42
755 Nippon India Ultra Short Duration 0.5 1.4 1.9 4.5 25 13 1.10 2944.50 0.6 1.6 2.7 5.4 25 13 0.33 3122.74 723
756 PGIM India Ultra ST 0.5 2.0 12.1 9.5 1 1 0.77 26.31 0.6 2.1 12.1 9.7 1 1 0.26 26.73 77
757 Principal Ultra Short Term 0.4 1.3 5.6 4.3 22 14 1.05 2131.32 0.5 1.5 6.4 5.2 20 14 0.20 2200.09 105
758 SBI Magnum Ultra Short Duration 0.7 2.1 7.6 7.6 5 3 0.49 4543.57 0.7 2.2 7.8 7.8 7 3 0.33 4577.52 9848
759 Sundaram Ultra Short Term NR 0.5 1.5 6.0 - 19 - 1.40 10.62 NR 0.6 1.8 7.2 - 15 - 0.21 10.74 306
760 Tata Ultra Short Term NR 0.5 1.7 6.5 - 16 - 1.00 10.99 NR 0.5 1.9 7.3 - 14 - 0.48 11.10 152
761 UTI Ultra Short Term 0.5 1.8 6.5 5.4 17 12 0.95 3160.21 0.6 1.9 7.1 6.0 16 12 0.39 3298.21 1374
762 YES Ultra Short Term NR 0.1 0.5 4.8 - 23 - 0.75 1051.92 NR 0.2 0.6 5.4 - 23 - 0.25 1058.12 3
Debt: Liquid 0.3 1.0 5.2 6.4 42 36 0.3 1.1 5.4 6.5 39 35
763 ABSL Liquid 0.4 1.2 5.7 6.7 4 5 0.30 321.64 0.4 1.2 5.8 6.8 5 7 0.21 323.55 43090
764 Axis Liquid 0.3 1.2 5.6 6.7 7 6 0.22 2219.81 0.3 1.2 5.7 6.8 12 10 0.15 2230.40 29605
765 Baroda Liquid 0.3 1.0 5.5 6.6 17 11 0.32 2296.14 0.3 1.0 5.6 6.7 15 12 0.22 2312.61 4579
766 BNP Paribas Liquid 0.3 1.0 5.5 6.6 14 16 0.18 3067.34 0.3 1.1 5.7 6.8 14 11 0.08 3089.98 1030
767 BOI AXA Liquid 0.3 1.2 5.4 6.6 25 21 0.21 2295.37 0.3 1.2 5.5 6.7 25 21 0.12 2311.77 396
768 Canara Robeco Liquid 0.3 0.8 4.9 6.4 32 30 0.14 2403.40 0.3 0.9 4.9 6.4 33 30 0.12 2410.39 949
769 DSP Liquid ETF NR 0.2 0.6 4.2 - 39 - 0.60 1000.00 NR - - - - - - - - 95
770 DSP Liquidity 0.3 1.1 5.5 6.6 20 20 0.22 2852.50 0.3 1.1 5.6 6.7 19 17 0.14 2871.83 10575
771 Edelweiss Liquid 0.3 1.2 5.5 6.6 13 13 0.36 2564.21 0.3 1.2 5.8 6.8 4 4 0.11 2588.87 525
772 Essel Liquid 0.3 0.9 4.8 6.4 34 29 0.20 2184.14 0.3 0.9 4.9 6.5 34 29 0.15 2198.47 40
773 Franklin Liquid 0.3 1.2 5.9 6.8 2 1 0.86 3005.64 0.3 1.2 6.0 6.9 2 2 0.11 3019.32 3028
774 HDFC Liquid 0.3 1.1 5.4 6.5 22 27 0.30 3927.07 0.3 1.1 5.5 6.6 22 26 0.20 3951.32 110633
775 HSBC Cash 0.3 1.1 5.4 6.6 23 15 0.21 1991.81 0.3 1.2 5.5 6.7 23 18 0.12 2000.47 3727
776 ICICI Pru Liquid 0.3 1.2 5.6 6.6 9 12 0.32 296.02 0.3 1.2 5.7 6.7 11 14 0.20 297.41 57566
777 ICICI Pru Liquid ETF NR 0.2 0.6 4.0 - 41 - 0.50 1000.00 NR - - - - - - - - 23
778 IDBI Liquid 0.3 1.2 5.8 6.7 3 3 0.17 2141.34 0.3 1.2 5.9 6.8 3 3 0.13 2157.28 1345
779 IDFC Cash 0.3 1.1 5.3 6.5 28 28 0.16 2417.21 0.3 1.1 5.3 6.5 29 28 0.11 2428.52 13581
780 IIFL Liquid 0.3 0.8 4.7 6.0 36 31 0.25 1551.61 0.3 0.9 4.7 6.0 36 31 0.20 1556.77 498
781 Indiabulls Liquid 0.2 0.9 5.3 6.5 29 26 0.22 1943.68 0.3 1.0 5.4 6.6 28 25 0.12 1957.97 251
782 Invesco India Liquid 0.3 1.1 5.3 6.6 26 23 0.22 2745.54 0.3 1.1 5.4 6.6 26 24 0.15 2759.55 4839
783 ITI Liquid NR 0.2 0.7 4.3 - 38 - 0.23 1054.99 NR 0.2 0.7 4.4 - 38 - 0.12 1056.37 32
784 JM Liquid 0.3 1.0 5.3 6.6 27 22 0.14 54.59 0.3 1.1 5.4 6.7 27 22 0.15 54.92 2276
785 Kotak Liquid 0.3 1.1 5.4 6.6 24 24 0.25 4045.72 0.3 1.1 5.5 6.6 24 27 0.20 4060.80 32360

Debt REGULAR DIRECT

Debt: Liquid 0.3 1.0 5.2 6.4 42 36 0.3 1.1 5.4 6.5 39 35
786 L&T Liquid 0.3 1.1 5.5 6.6 15 14 0.20 2741.45 0.3 1.1 5.6 6.7 21 20 0.15 2752.82 8871
787 LIC MF Liquid 0.3 1.1 5.6 6.6 10 18 0.25 3616.96 0.3 1.2 5.7 6.7 9 13 0.11 3646.38 7481
788 Mahindra Manulife Liquid 0.3 1.2 5.6 6.7 6 8 0.25 1297.42 0.3 1.2 5.8 6.8 6 5 0.14 1304.10 2361
789 Mirae Asset Cash Management 0.3 1.1 5.5 6.6 21 19 0.20 2092.83 0.3 1.1 5.6 6.7 18 19 0.11 2118.26 3537
790 Motilal Oswal Liquid 0.2 0.9 4.5 - 37 - 0.36 10.77 0.3 0.9 4.6 - 37 - 0.21 10.80 610
791 Nippon India ETF Liquid BeES NR 0.2 0.5 2.7 4.4 42 35 0.76 1000.00 NR - - - - - - - - 2913
792 Nippon India Liquid 0.3 1.2 5.7 6.7 5 4 0.27 4882.35 0.3 1.3 5.7 6.8 8 6 0.18 4912.20 31728
793 Parag Parikh Liquid 0.3 0.9 4.9 - 33 - 0.26 1124.69 0.3 0.9 5.0 - 32 - 0.16 1127.23 573
794 PGIM India Insta Cash 0.3 1.2 5.6 6.7 12 7 0.27 260.12 0.4 1.3 5.7 6.8 10 8 0.05 261.60 660
795 Principal Cash Mgmt 0.3 0.9 5.0 3.2 31 36 0.22 1765.78 0.3 1.0 5.0 3.3 31 35 0.12 1775.27 145
796 Quant Liquid 0.4 1.1 6.0 6.7 1 2 0.97 31.40 0.4 1.2 6.4 7.0 1 1 0.62 31.77 175
797 Quantum Liquid 0.3 0.8 4.8 5.9 35 33 0.26 27.11 0.3 0.9 4.9 5.9 35 32 0.16 27.16 358
798 SBI Liquid 0.3 1.1 5.5 6.5 18 25 0.26 3129.11 0.3 1.2 5.6 6.6 20 23 0.18 3145.32 62795
799 Sundaram Money 0.3 1.1 5.5 6.6 19 17 0.26 42.10 0.3 1.1 5.6 6.7 17 16 0.17 42.35 4109
800 Tata Liquid 0.3 1.2 5.6 6.7 8 9 0.32 3150.75 0.3 1.2 5.8 6.8 7 9 0.21 3170.32 19378
801 Taurus Liquid 0.3 0.7 4.1 5.9 40 32 0.18 1964.35 0.2 0.6 4.0 5.9 39 33 0.14 1972.73 17
802 Union Liquid 0.3 1.2 5.6 5.3 11 34 0.19 1920.30 0.3 1.2 5.7 5.4 13 34 0.09 1934.47 568
803 UTI Liquid Cash 0.3 1.2 5.5 6.6 16 10 0.26 3275.06 0.3 1.2 5.6 6.7 16 15 0.16 3290.12 28330
804 YES Liquid NR 0.3 0.9 5.2 - 30 - 0.19 1086.42 NR 0.3 0.9 5.3 - 30 - 0.11 1087.67 35
Debt: Money Market 0.5 2.0 7.2 7.2 18 13 0.5 2.0 7.5 7.4 18 13
805 ABSL Money Manager 0.6 2.5 8.1 7.8 3 1 0.31 275.78 0.6 2.5 8.2 8.0 3 2 0.18 277.68 8422
806 Axis Money Market NR 0.6 2.3 - - - - 0.31 1070.55 NR 0.6 2.3 - - - - 0.16 1071.92 674
807 Baroda Money Market NR 0.3 1.2 6.1 - 16 - 0.50 1062.75 NR 0.3 1.2 6.4 - 16 - 0.32 1065.88 22
808 DSP Savings 0.6 2.5 7.6 7.2 8 - 0.43 40.13 0.6 2.5 7.8 7.5 8 - 0.22 40.87 1586
809 Franklin Savings 0.6 2.2 8.0 7.7 4 2 0.28 37.82 0.6 2.3 8.2 7.9 4 3 0.13 38.77 1412
810 HDFC Money Market 0.6 2.6 8.2 7.6 2 4 0.35 4281.16 0.7 2.6 8.4 7.8 2 4 0.15 4330.20 7592
811 ICICI Pru Money Maket 0.6 2.4 7.8 7.6 5 5 0.27 284.17 0.6 2.4 7.9 7.7 6 7 0.15 286.05 6849
812 IDFC Money Manager 0.4 2.1 6.5 6.3 14 11 1.02 31.18 0.5 2.3 7.3 7.0 13 11 0.20 32.70 2108
813 Indiabulls Savings 0.2 0.9 5.8 - 17 - 0.22 1124.04 0.2 0.9 5.9 - 17 - 0.09 1126.07 6
814 Invesco India Money Market 0.5 2.4 7.0 7.2 13 9 0.55 2327.48 0.6 2.5 7.3 7.5 12 10 0.20 2372.66 512
815 JM Money Market 0.3 0.9 4.6 6.1 18 12 0.57 28.10 0.3 1.0 4.8 6.3 18 12 0.39 28.55 15
816 Kotak Money Market 0.5 1.9 7.3 7.5 11 8 0.26 3364.43 0.5 2.0 7.4 7.6 11 9 0.17 3378.26 7953
817 L&T Money Market 0.5 2.0 9.2 7.6 1 7 0.73 20.29 0.5 2.1 9.8 8.1 1 1 0.25 20.89 1112
818 Nippon India Money Market 0.6 2.2 7.6 7.7 7 3 0.25 3097.61 0.6 2.2 7.7 7.8 9 5 0.15 3119.15 4218
819 PGIM India Money Market Fund NR 0.4 1.7 - - - - 1.04 1019.76 NR 0.5 1.9 - - - - 0.11 1022.31 151
820 Quant Money Market 0.4 1.1 6.4 7.0 15 - 0.21 31.50 0.4 1.1 6.5 7.1 15 - 0.11 31.78 29
821 SBI Savings 0.6 2.1 7.4 7.1 10 10 0.82 31.64 0.7 2.2 8.0 7.8 5 6 0.22 33.09 13222
822 Sundaram Money Market 0.4 1.7 7.1 - 12 - 0.29 11.37 0.4 1.7 7.2 - 14 - 0.20 11.40 271
823 Tata Money Market 0.6 2.3 7.7 5.1 6 13 0.43 3523.11 0.6 2.3 7.9 5.2 7 13 0.22 3546.68 287
824 UTI Money Market 0.6 2.2 7.5 7.6 9 6 0.27 2300.33 0.6 2.2 7.6 7.7 10 8 0.17 2318.43 4898
Debt: Overnight 0.2 0.7 4.4 5.3 18 3 0.2 0.7 4.5 5.6 18 3
825 ABSL Overnight NR 0.2 0.7 4.4 - 11 - 0.22 1085.65 NR 0.2 0.7 4.5 - 11 - 0.10 1088.01 8257
826 Axis Overnight NR 0.2 0.7 4.4 - 4 - 0.10 1062.51 NR 0.2 0.7 4.5 - 9 - 0.05 1063.39 4199
827 Baroda Overnight NR 0.2 0.7 4.5 - 3 - 0.15 1055.85 NR 0.2 0.8 4.5 - 4 - 0.10 1056.48 186
828 BNP Paribas Overnight NR 0.2 0.7 4.4 - 7 - 0.18 1057.36 NR 0.2 0.8 4.5 - 5 - 0.08 1058.84 362
829 BOI AXA Overnight NR 0.2 0.8 - - - - 0.17 1016.29 NR 0.3 0.8 - - - - 0.07 1016.71 63
830 Canara Robeco Overnight NR 0.2 0.8 - - - - 0.12 1041.55 NR 0.2 0.8 - - - - 0.10 1041.92 270
831 DSP Overnight NR 0.2 0.8 4.6 - 1 - 0.15 1075.84 NR 0.2 0.8 4.6 - 1 - 0.08 1077.34 2696
832 Edelweiss Overnight NR 0.2 0.8 - - - - 0.15 1042.40 NR 0.2 0.8 - - - - 0.10 1043.19 1303

Debt REGULAR DIRECT

Debt: Overnight 0.2 0.7 4.4 5.3 18 3 0.2 0.7 4.5 5.6 18 3
833 Franklin Overnight NR 0.2 0.7 4.3 - 16 - 0.19 1051.08 NR 0.2 0.7 4.3 - 18 - 0.10 1051.83 965
834 HDFC Overnight NR 0.2 0.7 4.3 5.5 15 2 0.20 2975.04 NR 0.2 0.7 4.4 5.5 16 3 0.10 2990.16 16741
835 HSBC Overnight NR 0.2 0.7 4.3 - 12 - 0.26 1049.79 NR 0.2 0.8 4.5 - 7 - 0.11 1051.55 623
836 ICICI Pru Overnight NR 0.2 0.7 4.3 - 13 - 0.20 108.33 NR 0.2 0.7 4.4 - 15 - 0.10 108.51 10566
837 IDFC Overnight NR 0.2 0.7 4.3 - 14 - 0.19 1071.43 NR 0.2 0.7 4.5 - 12 - 0.06 1073.37 2572
838 Indiabulls Overnight NR 0.2 0.7 - - - - 0.20 1042.75 NR 0.2 0.7 - - - - 0.10 1043.79 220
839 Invesco India Overnight NR 0.2 0.7 - - - - 0.15 1017.00 NR 0.2 0.7 - - - - 0.09 1017.29 314
840 ITI Overnight NR 0.2 0.7 - - - - 0.18 1026.83 NR 0.2 0.7 - - - - 0.08 1027.53 39
841 JM Overnight Fund NR 0.2 0.7 - - - - 0.05 1021.96 NR 0.2 0.7 - - - - - 1022.36 159
842 Kotak Overnight NR 0.2 0.7 4.4 - 8 - 0.20 1072.52 NR 0.2 0.7 4.5 - 14 - 0.10 1073.43 6585
843 L&T Overnight NR 0.2 0.7 3.9 4.9 18 3 0.20 1496.08 NR 0.2 0.7 4.5 5.7 8 1 0.10 1569.73 1106
844 LIC MF Overnight NR 0.2 0.7 - - - - 0.20 1041.48 NR 0.2 0.7 - - - - 0.07 1042.78 1228
845 Mahindra Manulife Overnight NR 0.2 0.7 - - - - 0.20 1039.72 NR 0.2 0.7 - - - - 0.10 1040.72 295
846 Mirae Asset Overnight NR 0.2 0.8 - - - - 0.20 1029.29 NR 0.2 0.8 - - - - 0.11 1030.05 485
847 Nippon India Overnight NR 0.2 0.7 4.4 - 5 - 0.17 107.83 NR 0.2 0.8 4.5 - 3 - 0.07 108.00 4597
848 PGIM India Overnight NR 0.2 0.8 - - - - 0.15 1036.85 NR 0.2 0.8 - - - - 0.04 1037.83 207
849 SBI Overnight NR 0.2 0.7 4.4 5.5 9 1 0.18 3247.16 NR 0.2 0.7 4.5 5.6 13 2 0.11 3277.14 12348
850 Sundaram Overnight NR 0.2 0.7 4.5 - 2 - 0.19 1068.79 NR 0.2 0.7 4.6 - 2 - 0.09 1070.21 775
851 Tata Overnight NR 0.2 0.7 4.4 - 10 - 0.21 1059.98 NR 0.2 0.7 4.5 - 10 - 0.11 1061.35 2261
852 Union Overnight NR 0.2 0.7 4.3 - 17 - 0.17 1058.24 NR 0.2 0.7 4.4 - 17 - 0.07 1059.58 36
853 UTI Overnight NR 0.2 0.7 4.4 5.2 6 - 0.12 2732.14 NR 0.2 0.7 4.5 5.3 6 - 0.05 2754.41 4900
854 YES Overnight NR 0.2 0.7 - - - - 0.19 1035.74 NR 0.2 0.7 - - - - 0.13 1036.26 1
Debt: Dynamic Bond 0.9 3.1 9.8 6.3 28 24 1.0 3.3 10.5 7.1 28 24
855 ABSL Active Debt Multi Manager FoF 1.5 3.0 10.0 6.6 15 14 0.70 27.85 1.5 3.1 10.6 7.1 16 16 0.10 28.86 7
856 ABSL Dynamic Bond 1.5 2.3 0.9 2.7 28 22 1.40 32.58 1.5 2.4 1.5 3.2 28 22 0.85 33.95 1820
857 Axis All Seasons Debt FOF NR 1.4 2.9 - - - - 0.52 10.48 NR 1.4 2.9 - - - - 0.22 10.49 59
858 Axis Dynamic Bond 1.7 4.3 13.6 8.6 3 3 0.65 22.21 1.7 4.4 14.3 9.4 3 4 0.22 23.95 551
859 Baroda Dynamic Bond 1.2 2.0 8.0 3.1 21 21 1.49 17.43 1.2 2.1 8.4 3.6 21 21 1.12 18.37 21
860 BNP Paribas Flexi Debt 0.2 2.8 9.7 6.4 16 16 1.65 35.35 0.3 3.1 10.6 7.4 17 14 0.65 37.33 108
861 Canara Robeco Dynamic Bond 0.5 3.8 10.0 6.4 14 15 1.75 23.45 0.6 4.0 10.9 7.3 14 15 0.88 24.53 107
862 DSP Strategic Bond 0.7 4.8 16.7 8.4 1 4 1.11 2554.80 0.8 5.0 17.4 8.9 1 6 0.50 2635.86 1477
863 Edelweiss Dynamic Bond 0.5 1.9 9.2 7.8 18 - 0.99 22.31 0.6 2.1 10.1 8.5 18 - 0.24 23.72 51
864 HDFC Dynamic Debt 1.1 3.0 9.0 4.0 19 20 1.77 65.56 1.1 3.2 9.8 4.7 19 20 1.21 69.31 488
865 HSBC Flexi Debt 1.2 3.1 10.3 6.7 12 13 1.74 27.66 1.3 3.3 11.2 7.5 12 12 0.96 29.29 89
866 ICICI Pru All Seasons Bond 0.5 3.7 12.0 7.9 6 8 1.34 26.59 0.5 3.8 12.8 8.6 6 9 0.77 27.68 2980
867 IDBI Dynamic Bond 1.0 2.6 8.4 4.7 20 19 1.62 16.46 1.1 2.8 9.2 5.8 20 19 0.84 17.50 22
868 IDFC Dynamic Bond 1.1 5.2 14.5 8.7 2 2 1.78 26.48 1.2 5.4 15.4 9.5 2 2 1.01 28.18 2182
869 IIFL Dynamic Bond 1.1 1.1 7.4 6.2 23 17 1.34 16.05 1.2 1.3 8.1 6.9 23 18 0.69 16.69 170
870 Indiabulls Dynamic Bond 0.5 2.1 7.6 - 22 - 0.74 1140.18 0.5 2.2 8.1 - 22 - 0.24 1149.46 22
871 JM Dynamic Debt 1.6 3.4 7.2 7.3 24 - 0.60 31.40 1.6 3.6 7.9 7.8 24 - 0.38 32.68 97
872 Kotak Dynamic Bond 1.6 4.1 11.7 9.1 8 1 1.08 27.97 1.7 4.3 12.4 9.7 7 1 0.45 29.29 1220
873 L&T Flexi Bond 0.7 3.7 11.5 7.9 9 7 1.62 22.84 0.8 3.9 12.3 8.7 8 7 0.96 23.98 60
874 Mirae Asset Dynamic Bond 0.1 2.8 12.8 8.0 5 6 1.38 12.91 0.2 3.0 14.0 9.4 4 3 0.46 13.48 81
875 Nippon India Dynamic Bond 0.9 4.9 10.8 6.8 11 12 0.68 28.13 0.9 5.0 11.5 7.5 10 11 0.25 29.57 721
876 PGIM India Dynamic Bond 0.5 3.1 10.1 7.7 13 9 1.78 2028.57 0.6 3.4 11.0 8.6 13 8 0.82 2168.58 55
877 Principal Dynamic Bond 1.0 -0.4 5.0 1.9 27 23 1.52 30.55 1.0 -0.3 5.3 2.5 27 23 1.13 32.19 28
878 Quant Dynamic Bond 0.4 1.4 6.0 4.2 26 - 0.21 63.22 0.5 1.4 6.2 4.4 26 - 0.11 64.12 20
879 Quantum Dynamic Bond 0.6 2.6 11.1 7.3 10 10 0.68 15.80 0.6 2.6 11.2 7.4 11 13 0.56 15.85 63
VR Bond Index 0.5 2.3 7.8 6.9

Debt REGULAR DIRECT

Debt: Dynamic Bond 0.9 3.1 9.8 6.3 28 24 1.0 3.3 10.5 7.1 28 24
880 SBI Dynamic Bond 0.4 3.7 13.1 8.2 4 5 1.66 26.98 0.4 3.8 13.8 9.0 5 5 1.04 28.38 1507
881 Tata Dynamic Bond 1.2 3.1 9.5 5.9 17 18 1.41 31.16 1.4 3.4 10.7 7.0 15 17 0.16 33.64 267
882 Union Dynamic Bond 1.1 3.9 11.9 7.2 7 11 1.51 18.38 1.1 4.0 12.2 7.6 9 10 1.10 19.17 130
883 UTI Dynamic Bond 1.3 5.2 6.4 1.6 25 24 1.58 20.68 1.4 5.3 7.1 2.3 25 24 0.99 21.69 300
Debt: Corporate Bond 1.6 3.8 11.2 7.5 20 14 1.6 3.9 11.7 7.9 20 14
884 ABSL Corporate Bond 1.9 5.0 12.0 8.9 8 3 0.45 82.13 1.9 5.0 12.2 9.0 10 3 0.30 82.82 18059
885 ABSL Retrmnt 50s Plus Debt NR 0.6 2.4 6.6 - 20 - 2.21 10.86 NR 0.8 2.7 8.2 - 20 - 0.99 11.07 67
886 Axis Corporate Debt 2.0 4.1 12.2 - 6 - 1.04 12.55 2.1 4.3 13.1 - 5 - 0.28 12.86 188
887 BNP Paribas Corporate Bond 1.5 3.7 10.9 4.9 13 13 0.70 20.93 1.5 3.8 11.3 5.3 13 13 0.25 21.77 24
888 Canara Robeco Corporate Bond 1.3 3.8 10.4 7.5 15 9 1.02 16.77 1.3 4.0 11.1 8.3 14 9 0.31 17.40 211
889 DSP Corporate Bond 1.6 4.0 12.0 - 9 - 0.50 12.25 1.6 4.0 12.2 - 9 - 0.23 12.31 990
890 Edelweiss Corporate Bond 1.7 3.6 10.4 2.6 16 14 1.08 13.86 1.7 3.7 10.8 3.1 16 14 0.68 14.25 12
891 Franklin Corporate Debt 1.8 2.5 8.5 8.0 19 8 0.92 73.40 1.9 2.6 9.1 8.6 19 7 0.31 77.35 834
892 HDFC Corporate Bond 1.8 4.4 12.2 8.9 5 2 0.50 23.91 1.8 4.4 12.4 9.0 7 2 0.30 24.10 15986
893 ICICI Pru Corporate Bond 1.6 4.3 11.4 8.4 11 5 0.56 21.72 1.6 4.4 11.7 8.7 11 5 0.25 22.45 12707
894 IDFC Corporate Bond 2.1 4.8 11.3 8.2 12 7 0.58 14.44 2.1 4.9 11.7 8.5 12 8 0.27 14.64 14997
895 Invesco India Corporate Bond 1.7 4.1 11.9 6.6 10 12 0.60 2385.70 1.7 4.2 12.3 7.2 8 12 0.20 2507.71 1339
896 Kotak Corporate Bond 1.5 3.5 10.4 8.5 14 4 0.60 2784.15 1.5 3.5 10.8 8.8 17 4 0.31 2857.93 4359
897 L&T Triple Ace Bond 1.3 4.5 14.4 9.6 1 1 0.61 55.18 1.3 4.6 14.7 9.9 1 1 0.29 57.78 3706
898 Nippon India Prime Debt 1.2 2.1 9.0 7.4 18 10 0.74 43.07 1.3 2.2 9.5 7.9 18 11 0.34 44.37 463
899 PGIM India Premier Bond 1.3 3.4 10.1 6.8 17 11 0.94 32.37 1.4 3.6 11.0 8.0 15 10 0.16 34.80 54
900 SBI Corporate Bond NR 1.6 4.3 12.2 - 7 - 0.84 11.70 NR 1.6 4.4 12.8 - 6 - 0.34 11.78 15143
901 Sundaram Corporate Bond 1.7 4.5 13.0 8.3 2 6 0.51 30.06 1.8 4.5 13.2 8.7 3 6 0.28 30.72 1097
902 Union Corporate Bond 1.8 4.0 12.9 - 3 - 1.39 11.58 1.9 4.1 13.3 - 2 - 0.95 11.67 309
903 UTI Corporate Bond 1.7 3.9 12.8 - 4 - 0.57 12.21 1.7 3.9 13.1 - 4 - 0.31 12.28 1500
Debt: Credit Risk 1.2 -2.4 -1.3 0.8 19 17 1.3 -2.2 -0.5 1.7 19 17
904 ABSL Credit Risk 1.5 0.7 2.5 4.6 10 7 1.84 14.14 1.5 0.9 3.3 5.7 10 7 1.04 14.84 1949
905 Axis Credit Risk 1.0 1.2 7.9 5.4 6 6 1.65 15.34 1.1 1.4 9.1 6.7 5 6 0.57 16.43 705
906 Baroda Credit Risk 1.9 -3.5 -2.8 2.2 15 10 1.82 13.69 1.9 -3.3 -2.0 3.1 15 10 1.05 14.50 319
907 BOI AXA Credit Risk 0.8 -50.9 -46.1 -33.4 19 17 1.51 3.72 0.8 -50.9 -45.9 -33.2 19 17 1.23 3.75 66
908 DSP Credit Risk 0.8 -1.3 3.1 1.7 9 12 1.67 28.83 0.9 -1.1 3.9 2.4 9 13 0.79 30.22 428
909 HDFC Credit Risk Debt 2.3 1.6 9.0 6.9 2 2 1.57 16.92 2.3 1.7 9.4 7.6 3 3 1.12 17.75 6539
910 ICICI Pru Credit Risk 1.4 2.0 9.8 7.7 1 1 1.59 22.19 1.4 2.2 10.4 8.6 1 1 0.99 23.65 6695
911 IDBI Credit Risk 2.0 2.4 -10.2 -2.2 17 15 1.38 12.31 2.0 2.6 -9.7 -1.4 17 15 0.80 13.01 44
912 IDFC Credit Risk 1.4 1.1 8.0 6.6 5 5 1.51 12.48 1.4 1.3 8.9 7.6 6 2 0.66 12.90 837
913 Invesco India Credit Risk 1.5 3.4 8.8 2.4 3 9 1.50 1402.45 1.6 3.7 10.1 3.3 2 9 0.05 1472.38 147
914 Kotak Credit Risk 1.6 0.8 7.0 6.6 7 4 1.80 22.12 1.6 1.0 8.0 7.5 7 4 0.76 23.70 2052
915 L&T Credit Risk 0.8 -4.4 -0.9 2.8 13 8 1.68 20.68 0.8 -4.2 -0.1 3.4 13 8 0.89 21.49 382
916 Mahindra Manulife Credit Risk 0.6 0.9 6.7 - 8 - 1.82 11.26 0.7 1.2 7.9 - 8 - 0.57 11.50 121
917 Nippon India Credit Risk 1.3 0.5 -8.7 -0.2 16 14 1.56 22.98 1.3 0.6 -8.1 0.6 16 14 0.94 24.44 1856
918 PGIM India Credit Risk 0.7 -1.0 -1.4 1.6 14 13 1.73 13.77 0.8 -0.8 -0.4 2.7 14 11 0.66 14.60 95
919 Principal Credit Risk 0.5 -5.3 -0.2 1.8 12 11 1.51 2728.31 0.5 -5.1 0.5 2.6 12 12 0.80 2835.38 28
920 SBI Credit Risk 1.7 2.2 8.5 6.6 4 3 1.54 32.40 1.7 2.4 9.2 7.4 4 5 0.91 33.89 3949
921 Sundaram ST Credit Risk 0.8 1.7 0.7 2.3 11 - 1.43 25.86 0.8 1.9 1.4 3.1 11 - 0.69 27.17 117
922 UTI Credit Risk 1.3 2.2 -26.0 -7.4 18 16 1.60 12.03 1.3 2.4 -25.4 -6.5 18 16 0.90 13.10 466
Debt: Banking and PSU 1.3 3.7 11.3 8.4 18 16 1.4 3.8 11.7 8.7 18 16
923 ABSL Banking & PSU Debt 1.6 4.1 11.7 8.5 8 8 0.67 272.56 1.6 4.2 12.0 8.9 8 9 0.35 278.08 12231
924 Axis Banking & PSU Debt 1.5 3.9 11.7 9.2 7 3 0.62 1985.08 1.5 3.9 12.1 9.5 7 3 0.31 2017.38 15317
VR Bond Index 0.5 2.3 7.8 6.9

Debt REGULAR DIRECT

Debt: Banking and PSU 1.3 3.7 11.3 8.4 18 16 1.4 3.8 11.7 8.7 18 16
925 DSP Banking & PSU Debt 1.3 4.3 12.7 8.6 4 7 0.56 18.08 1.3 4.4 13.0 8.9 4 8 0.29 18.48 2881
926 Edelweiss Banking and PSU Debt 1.7 4.2 14.8 9.9 1 1 0.55 18.34 1.7 4.3 15.2 10.2 1 1 0.20 18.71 229
927 Franklin Banking & PSU Debt 1.4 2.7 11.4 8.9 10 4 0.58 16.93 1.4 2.8 11.8 9.3 12 4 0.23 17.39 1059
928 HDFC Banking and PSU Debt 1.4 3.3 11.4 8.3 11 13 0.81 17.07 1.5 3.5 11.9 8.7 10 12 0.36 17.41 6031
929 ICICI Pru Banking & PSU Debt 1.1 3.5 10.2 7.5 16 15 0.82 23.96 1.1 3.6 10.7 8.0 15 14 0.37 24.49 10476
930 IDFC Banking & PSU Debt 1.6 4.3 13.0 9.4 2 2 0.65 18.51 1.7 4.4 13.4 9.7 2 2 0.30 18.76 16791
931 Indiabulls Banking & PSU Debt NR 0.3 1.2 6.7 - 18 - 0.72 1086.16 NR 0.3 1.3 7.2 - 18 - 0.22 1092.69 45
932 Invesco India Banking & PSU Debt 1.5 3.7 10.9 8.3 13 12 0.65 1748.41 1.6 3.9 11.4 8.7 13 13 0.05 1836.54 58
933 Kotak Banking & PSU Debt 1.4 3.7 11.7 8.8 9 6 0.61 48.43 1.4 3.8 12.0 9.1 9 6 0.29 49.44 6163
934 L&T Banking & PSU Debt 1.3 4.1 12.3 8.3 5 10 0.61 18.73 1.4 4.2 12.7 8.8 5 11 0.21 19.35 4029
935 LIC MF Banking & PSU Debt 1.3 3.6 10.4 8.5 14 9 0.83 26.65 1.3 3.8 11.0 9.1 14 7 0.28 27.99 1433
936 Nippon India Banking & PSU Debt 1.6 4.4 12.8 8.8 3 5 0.79 15.53 1.6 4.5 13.3 9.2 3 5 0.30 15.76 4973
937 PGIM India Banking & PSU Debt 1.1 3.6 11.3 8.3 12 11 0.78 18.33 1.2 3.7 11.9 8.8 11 10 0.28 18.98 63
938 SBI Banking and PSU 1.5 4.1 11.7 8.9 6 - 0.81 2375.16 1.6 4.3 12.3 9.4 6 - 0.34 2466.32 6230
939 Sundaram Banking & PSU Debt 0.9 3.1 10.3 7.8 15 14 0.36 32.84 1.0 3.2 10.4 8.0 16 15 0.23 33.06 1583
940 Tata Banking & PSU Debt NR 1.8 4.1 - - - - 0.71 10.79 NR 1.8 4.2 - - - - 0.21 10.83 231
941 UTI Banking & PSU Debt 1.2 3.6 9.1 4.8 17 16 0.31 15.66 1.2 3.6 9.1 4.9 17 16 0.20 15.76 139
Debt: Floater 1.4 3.1 9.1 7.6 7 5 1.4 3.2 9.7 8.1 7 5
942 ABSL Floating Rate NR 1.2 3.2 9.4 8.1 2 1 0.36 256.11 NR 1.2 3.2 9.7 8.4 4 2 0.19 260.47 6408
943 Franklin Floating Rate NR 0.8 1.5 6.9 6.7 7 5 0.95 30.30 NR 0.9 1.8 7.6 7.3 7 5 0.10 31.94 186
944 HDFC Floating Rate Debt NR 1.1 2.9 9.1 7.9 3 3 0.38 36.14 NR 1.2 3.0 9.3 8.0 6 4 0.23 36.43 8959
945 ICICI Pru Floating Interest NR 1.4 2.8 9.0 7.4 6 4 1.31 308.70 NR 1.5 3.0 9.9 8.3 3 3 0.58 325.92 5707
946 Kotak Floating Rate NR 2.1 3.6 9.1 - 5 - 0.63 1101.20 NR 2.1 3.7 9.4 - 5 - 0.23 1104.78 86
947 Nippon India Floating Rate NR 1.7 4.3 11.3 8.0 1 2 0.54 33.15 NR 1.7 4.4 11.7 8.5 1 1 0.20 34.33 9732
948 UTI Floater NR 1.2 3.2 9.1 - 4 - 1.27 1147.57 NR 1.2 3.5 10.1 - 2 - 0.31 1166.79 1402
Debt: Gilt 0.4 4.1 12.0 7.8 25 25 0.5 4.3 12.6 8.5 21 21
949 ABSL Govt Securities 0.4 5.3 13.1 8.4 8 7 1.18 61.80 0.4 5.4 13.8 9.0 9 6 0.58 64.29 485
950 Axis Gilt -0.4 4.3 13.8 8.1 4 13 0.68 19.05 -0.3 4.5 14.3 8.6 5 11 0.22 19.78 140
951 Baroda Gilt 0.6 3.7 10.1 7.1 20 18 1.83 32.60 0.6 3.9 10.9 8.0 16 15 1.03 34.80 29
952 Canara Robeco Gilt 0.3 4.1 10.8 7.0 18 20 1.25 58.81 0.4 4.2 11.6 7.7 14 16 0.59 61.12 75
953 DSP Govt Securities 0.3 4.6 14.9 9.1 2 5 1.09 71.46 0.3 4.7 15.6 9.9 2 4 0.56 74.06 1173
954 Edelweiss Govt Securities 0.8 4.1 11.5 9.4 16 2 1.36 18.16 0.8 4.3 12.0 9.9 13 3 0.86 18.71 70
955 Franklin Govt Securities 0.3 2.8 8.9 5.3 24 25 1.16 46.83 0.4 2.9 9.5 6.1 20 21 0.59 50.11 305
956 HDFC Gilt 0.8 4.1 11.0 6.7 17 21 0.89 42.51 0.9 4.2 11.4 7.1 15 19 0.49 43.78 1913
957 ICICI Pru Gilt 0.3 5.4 14.3 8.2 3 11 1.01 75.52 0.3 5.5 14.8 8.8 3 10 0.58 79.12 2864
958 IDBI Gilt 0.4 1.9 8.4 5.3 25 24 1.59 16.85 0.4 2.2 9.4 6.3 21 20 0.64 17.71 31
959 IDFC GSF Investment 1.1 5.4 15.5 9.6 1 1 1.10 26.99 1.2 5.6 16.2 10.3 1 1 0.50 28.28 1066
960 Invesco India Gilt 0.4 3.4 9.5 6.4 23 23 1.25 2224.21 0.5 3.6 10.4 7.3 18 18 0.24 2367.69 32
961 Kotak Gilt Investment 0.0 4.4 12.8 7.8 9 17 1.40 75.48 0.1 4.6 13.9 8.9 8 8 0.40 81.42 750
962 L&T Gilt 0.6 3.9 10.8 7.0 19 19 1.78 52.59 0.7 4.3 12.2 8.4 12 13 0.58 56.78 217
963 LIC MF G-Sec Long Term ETF NR 0.4 3.5 11.6 7.9 15 14 0.27 21.44 NR - - - - - - - - 90
964 LIC MF GSF 0.7 3.8 12.5 8.2 12 9 - 27.07 - - - - - - - - 55
965 Nippon India ETF Long Term Gilt NR 0.4 3.5 12.2 8.2 14 12 0.10 21.77 NR - - - - - - - - 10
966 Nippon India Gilt Securities Inst 0.7 4.5 13.4 9.2 6 4 1.71 24.81 0.8 4.8 14.4 10.2 4 2 0.61 31.93 1381
967 PGIM India Gilt 0.5 3.0 9.6 7.8 22 15 0.72 23.30 0.5 3.1 10.1 8.4 19 14 0.44 23.90 39
968 SBI Magnum Gilt 0.2 4.2 13.6 8.4 5 6 0.95 48.94 0.2 4.4 14.1 9.0 6 7 0.50 50.60 2752
969 Tata GSF 0.3 3.7 10.0 6.5 21 22 1.49 60.82 0.3 3.8 10.7 7.5 17 17 0.79 64.99 178
970 UTI Gilt 0.5 5.1 12.6 8.2 11 8 0.93 48.40 0.5 5.2 12.9 8.5 11 12 0.65 49.43 651
CCIL All Sovereign Bond - TRI 0.8 4.2 13.1 9.4

Debt REGULAR DIRECT

Debt: Gilt with 10 yr Constant Duration 0.4 4.3 13.8 9.7 5 5 0.6 5.0 14.7 10.7 4 4
971 DSP 10Y G-Sec NR 0.5 5.1 14.3 8.1 3 4 0.51 17.15 NR 0.5 5.1 14.6 8.3 3 4 0.30 17.39 57
972 ICICI Pru Constant Maturity Gilt NR 0.5 5.3 15.4 10.5 1 3 0.33 18.45 NR 0.5 5.4 15.6 10.7 1 3 0.17 18.71 219
973 IDFC Govt Securities Constant Mtrty NR 0.8 5.2 15.1 12.5 2 1 0.60 34.77 NR 0.8 5.2 15.3 12.6 2 1 0.47 35.05 259
974 SBI ETF 10 Year Gilt NR -0.3 1.5 10.9 6.5 5 5 0.14 198.54 NR - - - - - - - - 1
975 SBI Magnum Constant Maturity NR 0.4 4.2 13.1 10.7 4 2 0.64 48.27 NR 0.5 4.3 13.4 11.1 4 2 0.34 49.40 685
Commodities: Gold 2.5 10.3 39.8 17.7 21 21 2.6 10.4 41.2 18.2 10 10
976 ABSL Gold 3.8 10.1 39.4 17.2 10 20 0.51 15.16 3.8 10.2 40.0 17.6 9 9 0.24 15.47 145
977 ABSL Gold ETF NR 1.8 10.3 39.1 17.8 14 13 0.48 4456.36 NR - - - - - - - - 184
978 Axis Gold 3.9 10.4 42.2 18.3 3 1 0.47 15.07 3.9 10.4 42.6 18.9 3 1 0.15 16.18 116
979 Axis Gold ETF NR 2.5 10.1 39.1 17.8 13 8 0.50 4229.55 NR - - - - - - - - 212
980 HDFC Gold 4.1 10.5 41.8 18.0 4 4 0.60 15.59 4.1 10.6 42.4 18.5 4 4 0.25 16.04 544
981 HDFC Gold ETF NR 2.5 10.4 38.5 17.9 18 5 0.40 4357.76 NR - - - - - - - - 1274
982 ICICI Pru Gold ETF NR 2.5 10.1 38.5 17.4 19 18 0.98 43.50 NR - - - - - - - - 1335
983 ICICI Pru Regular Gold Svngs (FOF) 3.4 11.2 39.9 17.8 7 12 0.14 16.10 3.4 11.2 40.2 18.1 8 7 0.09 16.42 215
984 IDBI Gold -6.9 9.7 37.0 16.3 21 21 0.65 13.44 -6.9 9.8 37.6 16.9 10 10 0.25 13.88 42
985 IDBI Gold ETF NR 2.1 9.8 38.1 17.9 20 6 0.35 4496.35 NR - - - - - - - - 79
986 Invesco India Gold 2.4 11.9 39.8 17.8 8 10 0.54 14.61 2.4 12.0 40.4 18.2 7 5 0.09 14.93 30
987 Invesco India Gold ETF NR 2.5 10.4 39.5 17.9 9 7 0.45 4407.94 NR - - - - - - - - 55
988 Kotak Gold 3.3 10.6 42.3 18.2 1 2 0.50 20.12 3.3 10.6 42.9 18.8 1 2 0.15 20.81 453
989 Kotak Gold ETF NR 2.5 10.4 39.1 17.8 12 11 0.55 424.96 NR - - - - - - - - 1026
990 Nippon India ETF Gold BeES NR 2.5 10.4 38.9 17.3 15 19 0.79 42.57 NR - - - - - - - - 3996
991 Nippon India Gold Savings 3.9 11.4 41.4 17.7 5 15 1.30 20.04 3.9 11.5 41.8 18.2 5 6 0.89 20.69 952
992 Quantum Gold NR 2.4 10.4 38.9 17.7 16 16 0.97 2116.50 NR - - - - - - - - 95
993 Quantum Gold Savings 3.9 9.4 41.2 17.6 6 17 0.18 19.59 3.9 9.4 41.4 17.8 6 8 0.06 19.66 36
994 SBI ETF Gold NR 2.5 10.4 39.3 17.7 11 14 0.50 4361.05 NR - - - - - - - - 1300
995 SBI Gold 4.0 7.7 42.3 18.2 2 3 0.52 15.13 4.1 7.8 42.9 18.7 2 3 0.12 15.61 555
996 UTI Gold ETF NR 2.5 10.3 38.8 17.8 17 9 1.15 4286.64 NR - - - - - - - - 543
CCIL All Sovereign Bond - TRI 0.8 4.2 13.1 9.4
Domestic Price of Gold 2.5 10.6 40.3 18.8

SCOREBOARD INDEX For more on funds, visit www.valueresearchonline.com
Aditya Birla SL Active Debt Multi Manager FoF,855 Axis Retrmnt Svngs - Dynamic Plan,633 DSP Dynamic Asset Allocation,611 Franklin Eqt Advantage,122
ABSL Arbitrage,579 Axis Short Term,683 DSP Equal Nifty 50,14 Franklin Eqt Hybrid,474
ABSL Asset Allocator MMFoF,605 Axis Small Cap,235 DSP Equity,152 Franklin Eqt Savings,561
ABSL Bal Bhavishya Yojna Wealth,143 Axis Strategic Bond,665 DSP Equity Opp,119 Franklin Equity,156
ABSL Balanced Advantage,606 Axis Treasury Advantage,711 DSP Equity Savings,559 Franklin Feeder Franklin Eur Grth,441
ABSL Banking & Fin Services,313 Axis Triple Advantage,634 DSP Focus,153 Franklin Feeder Franklin US Opp,442
ABSL Banking ETF,314 Axis Ultra Short Term,736 DSP Global Allocation,428 Franklin Floating Rate,943
ABSL Commodity Eqt Global Agri,424 Baroda Banking & Fin Services,315 DSP Healthcare,358 Franklin Govt Securities,955
ABSL Corporate Bond,884 Baroda Conservative Hybrid,521 DSP Liquid ETF,769 Franklin Life Stage FoF 20s,475
ABSL Credit Risk,904 Baroda Credit Risk,906 DSP Liquidity,770 Franklin Life Stage FoF 30s,508
ABSL Digital India,366 Baroda Dynamic Bond,859 DSP Low Duration,715 Franklin Life Stage FoF 40s,528
ABSL Dynamic Bond,856 Baroda Dynamic Equity,608 DSP Midcap,208 Franklin Life Stage FoF 50s Plus,529
ABSL Eq Hybrid ‘95,463 Baroda Equity Savings,558 DSP Natural Rsrcs and New Energy,406 Franklin Life Stage FoF 50s Plus FR,530
ABSL Eqt Savings,556 Baroda Gilt,951 DSP Nifty 50 Index,15 Franklin Liquid,773
ABSL Fin Planning FOF Agrsv,630 Baroda Hybrid Equity,467 DSP Nifty Next 50 Index,16 Franklin Multi Asset Solution,636
ABSL Fin Planning FOF Cons,631 Baroda Large Cap,10 DSP Overnight,831 Franklin Opportunities,376
ABSL Fin Planning FOF Moderate Plan,632 Baroda Liquid,765 DSP Quant,375 Franklin Overnight,833
ABSL Floating Rate,942 Baroda Midcap,206 DSP Regular Savings,525 Franklin Pension,509
ABSL Focused Eqt,1 Baroda Money Market,807 DSP Savings,808 Franklin Prima,210
ABSL Frontline Eqt,2 Baroda Multi Cap,148 DSP Short-term,688 Franklin Savings,809
ABSL Global Emerging Opp,425 Baroda Overnight,827 DSP Small Cap,238 Franklin Smaller Companies,240
ABSL Global Real Estate,426 Baroda Short Term Bond,684 DSP Strategic Bond,862 Franklin Taxshield,284
ABSL Gold,976 Baroda Treasury Advantage,712 DSP T.I.G.E.R.,339 Franklin Technology,367
ABSL Gold ETF,977 Baroda Ultra Short Duration,737 DSP Tax Saver,281 Templeton India Eqt Income,400
ABSL Index,3 BNP Paribas Arbitrage,581 DSP Top 100 Equity,17 Templeton India Value,272
ABSL India GenNext,412 BNP Paribas Cons Hybrid,522 DSP Ultra Short,740 HDFC Arbitrage,586
ABSL Infrastructure,336 BNP Paribas Corporate Bond,887 DSP US Flexible Equity,429 HDFC Capital Builder Value,259
ABSL Intl Eqt B,372 BNP Paribas Dynamic Eqt,609 DSP World Agriculture,430 HDFC Children’s Gift,476
ABSL Liquid,763 BNP Paribas Flexi Debt,860 DSP World Energy,431 HDFC Corporate Bond,892
ABSL Low Duration,710 BNP Paribas Focused 25 Eqt,149 DSP World Gold,432 HDFC Credit Risk Debt,909
ABSL Manufacturing Equity,373 BNP Paribas India Consumption,413 DSP World Mining,433 HDFC Dynamic Debt,864
ABSL Medium Term,664 BNP Paribas Large Cap,12 Edelweiss Agrsv Hybrid,472 HDFC Dynamic PE Ratio FOF,637
ABSL Midcap,204 BNP Paribas Liquid,766 Bhrt Bond ETF - April 2023,666 HDFC Equity,158
ABSL Money Manager,805 BNP Paribas Long Term Equity,278 Bhrt Bond ETF - April 2030,646 HDFC Equity Savings,562
ABSL Nifty ETF,4 BNP Paribas Low Duration,713 Bhrt Bond FOF - April 2023,667 HDFC Floating Rate Debt,944
ABSL Nifty Next 50 ETF,5 BNP Paribas Medium Term,668 Bhrt Bond FOF - April 2030,647 HDFC Focused 30,159
ABSL Overnight,825 BNP Paribas Midcap,207 Edelweiss Arbitrage,584 HDFC Gold,980
ABSL Pharma & Healthcare,357 BNP Paribas Multi Cap,150 Edelweiss ASEAN Eqt Off Shore,434 HDFC Gold ETF,981
ABSL PSU Eqt,408 BNP Paribas Overnight,828 Edelweiss Balanced Advtg,612 HDFC Growth Opportunities,123
ABSL Pure Value,258 BNP Paribas Short term,685 Edelweiss Banking and PSU Debt,926 HDFC Hybrid Debt,531
ABSL Regular Savings,517 BNP Paribas Substantial Eqt Hybrid,468 Edelweiss Corporate Bond,890 HDFC Hybrid Equity,477
ABSL Retirement 30s,145 BOI AXA Arbitrage,582 Edelweiss Dynamic Bond,863 HDFC Index Nifty 50,24
ABSL Retirement 40s,464 BOI AXA Conservative Hybrid,523 Edelweiss Emrgng Mkt Opp Eqt Offshr,435 HDFC Index Sensex,25
ABSL Retirement 50s,518 BOI AXA Credit Risk,907 Edelweiss Equity Savings,560 HDFC Infrastructure,341
ABSL Retrmnt 50s Plus Debt,885 BOI AXA Eqt Debt Rebalancer,610 Edelweiss ETF Nifty 100 Quality 30,18 HDFC Low Duration,717
ABSL Savings,735 BOI AXA Large & Midcap Eqt,117 Edelweiss ETF Nifty 50,19 HDFC Medium Term Debt,670
ABSL Sensex ETF,6 BOI AXA Liquid,767 Edelweiss ETF Nifty Bank,316 HDFC Mid-Cap Opportunities,211
ABSL Short Term,682 BOI AXA Mfg & Infrastructure,337 Edelweiss Eur Dynamic Eqt Offshore,436 HDFC Money Market,810
ABSL Small Cap,234 BOI AXA Mid & Small Cap Eqt & Debt,469 Edelweiss Govt Securities,954 HDFC Multi Asset,638
Axis All Seasons Debt FOF,857 BOI AXA Overnight,829 Edelweiss Grtr China Eqt Off-shore,437 HDFC Nifty 50 ETF,26
Axis Arbitrage,580 BOI AXA Small Cap,236 Edelweiss Large & Midcap,120 HDFC Overnight,834
Axis Banking & PSU Debt,924 BOI AXA ST Income,686 Edelweiss Large Cap,20 HDFC Retrmnt Savings Eqt,160
Axis Bluechip,7 BOI AXA Tax Advantage,279 Edelweiss Liquid,771 HDFC Retrmnt Svngs Hybrid Debt,532
Axis Children’s Gift,507 BOI AXA Ultra Short Duration,738 Edelweiss Low Duration,716 HDFC Retrmnt Svngs Hybrid Eqt,478
Axis Corporate Debt,886 Canara Robeco Bluechip Eqt,13 Edelweiss LT Eqt (Tax Svngs),282 HDFC Sensex ETF,27
Axis Credit Risk,905 Canara Robeco Cons Hybrid,524 Edelweiss Midcap,209 HDFC Short Term Debt,690
Axis Dynamic Bond,858 Canara Robeco Consumer Trends,414 Edelweiss Multi Cap,154 HDFC Small Cap,241
Axis Dynamic Equity,607 Canara Robeco Corporate Bond,888 Edelweiss Overnight,832 HDFC Top 100,28
Axis Equity Hybrid,465 Canara Robeco Dynamic Bond,861 Edelweiss Short Term,689 HDFC Ultra Short Term,742
Axis Equity Saver,557 Canara Robeco Emerging Equities,118 Edelweiss Small Cap,239 HSBC Asia Pacific (ExJapan) Div Yld,443
Axis ESG Eqt Fund,374 Canara Robeco Eqt Diversified,151 Edelweiss US Tech Eqt FOF,438 HSBC Brazil,444
Axis Focused 25,146 Canara Robeco Eqt Hybrid,470 Edelweiss US Value Eqt Offshore,439 HSBC Cash,775
Axis Gilt,950 Canara Robeco Eqt Tax Saver,280 Essel 3 in 1,635 HSBC Debt,653
Axis Gold,978 Canara Robeco Gilt,952 Essel Arbitrage,585 HSBC Equity Hybrid,479
Axis Gold ETF,979 Canara Robeco Income,651 Essel Equity Hybrid,473 HSBC Flexi Debt,865
Axis Growth Opportunities,116 Canara Robeco Infrastructure,338 Essel Large & Midcap,121 HSBC Global Consumer Opp,445
Axis Liquid,764 Canara Robeco Liquid,768 Essel Large Cap Equity,21 HSBC Global Emerging Markets,446
Axis Long Term Equity,276 Canara Robeco Overnight,830 Essel Liquid,772 HSBC Infrastructure Eqt,342
Axis Midcap,205 Canara Robeco Savings,714 Essel Multi Cap,155 HSBC Large and Midcap Eqt,124
Axis Money Market,806 Canara Robeco Short Duration,687 Essel Regular Savings,526 HSBC Low Duration,718
Axis Multicap,147 Canara Robeco Small Cap,237 Essel Ultra Short Term,741 HSBC Managed Solutions Ind Cons,533
Axis Nifty 100 Index,8 DSP 10Y G-Sec,971 Franklin Asian Equity,440 HSBC Managed Solutions Ind Moderate,639
Axis Nifty ETF,9 DSP Arbitrage,583 Franklin Banking & PSU Debt,927 HSBC Managed Solutions India Growth,480
Axis Overnight,826 DSP Banking & PSU Debt,925 Franklin Bluechip,22 HSBC Multi Cap Eqt,161
Axis Regular Saver,519 DSP Bond,669 Franklin Build India,340 HSBC Overnight,835
Axis Retrmnt Svngs - Agrssv Plan,466 DSP Corporate Bond,889 Franklin Corporate Debt,891 HSBC Regular Savings,534
Axis Retrmnt Svngs - Cons Plan,520 DSP Credit Risk,908 Franklin Dynamic Asset Alloc FoF,613 HSBC Short Duration,691

HSBC Small Cap Eqt,242 IDBI Focused 30 Eqt,41 Invesco India Large Cap,51 L&T Focused Equity,177
HSBC Tax Saver Eqt,286 IDBI Gilt,958 Invesco India Liquid,782 L&T Gilt,962
HSBC Ultra SD,743 IDBI Gold,984 Invesco India Midcap,215 L&T Hybrid Equity,490
ICICI Pru All Seasons Bond,866 IDBI Gold ETF,985 Invesco India Money Market,814 L&T India Large Cap,59
BHARAT 22 ETF,11 IDBI Healthcare,360 Invesco India Multicap,171 L&T India Value,267
ICICI Pru Asset Allocator (FOF),510 IDBI Hybrid Equity,484 Invesco India Nifty ETF,52 L&T Infrastructure,347
ICICI Pru Balanced Advantage,615 IDBI India Top 100 Eqt,42 Invesco India Overnight,839 L&T Large and Midcap,130
ICICI Pru Bank ETF,317 IDBI Liquid,778 Invesco India PSU Equity,410 L&T Low Duration,724
ICICI Pru Banking & Fin Services,318 IDBI Long Term Value,261 Invesco India Short Term,697 L&T Midcap,217
ICICI Pru Banking & PSU Debt,929 IDBI Midcap,214 Invesco India Small Cap,246 L&T Money Market,817
ICICI Pru BHARAT 22 FOF,30 IDBI Nifty Index,43 Invesco India Tax,291 L&T Nifty 50 Index Fund,60
ICICI Pru Bharat Consumption,415 IDBI Nifty Junior Index,44 Invesco India Treasury Advtg,721 L&T Nifty Next 50 Index Fund,61
ICICI Pru Bluechip,31 IDBI Short Term Bond,693 Invesco India Ultra Short Term,748 L&T Overnight,843
ICICI Pru Bond,654 IDBI Small Cap,244 ITI Arbitrage,591 L&T Resurgent India Bond,676
ICICI Pru Child Care Gift,481 IDBI Ultra Short Term,745 ITI Balanced Advtg,618 L&T Short Term Bond,700
ICICI Pru Commodities,377 IDFC Arbitrage,588 ITI Liquid,783 L&T Tax Advantage,295
ICICI Pru Constant Maturity Gilt,972 IDFC Asset Allocation Agrsv,539 ITI Long Term Equity,292 L&T Triple Ace Bond,897
ICICI Pru Corporate Bond,893 IDFC Asset Allocation Cons,540 ITI Multi Cap,172 L&T Ultra Short Term,751
ICICI Pru Credit Risk,910 IDFC Asset Allocation Moderate,541 ITI Overnight,840 LIC MF Arbitrage,595
ICICI Pru Debt Management (FOF),655 IDFC Banking & PSU Debt,930 ITI Small Cap Fund,247 LIC MF Banking & Fin Services,324
ICICI Pru Dividend Yield Eqt,397 IDFC Bond Medium Term,673 JM Arbitrage,592 LIC MF Banking & PSU Debt,935
ICICI Pru Equity & Debt,482 IDFC Cash,779 JM Core 11,53 LIC MF Children’s Gift,512
ICICI Pru Equity Arbitrage,587 IDFC Core Equity,127 JM Dynamic Debt,871 LIC MF Debt Hybrid,547
ICICI Pru Equity Savings,563 IDFC Corporate Bond,894 JM Equity Hybrid,488 LIC MF Equity Hybrid,491
ICICI Pru Exports & Services,378 IDFC Credit Risk,912 JM Income,657 LIC MF ETF Nifty 100,62
ICICI Pru Floating Interest,945 IDFC Dynamic Bond,868 JM Large Cap,54 LIC MF ETF Nifty 50,63
ICICI Pru Focused Equity,162 IDFC Dynamic Equity,616 JM Liquid,784 LIC MF ETF Sensex,64
ICICI Pru Gilt,957 IDFC Emrgng Businesses,245 JM Low Duration,722 LIC MF G-Sec Long Term ETF,963
ICICI Pru Global Advtg (FOF),447 IDFC Equity Savings,565 JM Money Market,815 LIC MF GSF,964
ICICI Pru Global Stable Eqt (FOF),448 IDFC Focused Equity,168 JM Multicap,173 LIC MF Index Nifty,65
ICICI Pru Gold ETF,982 IDFC Govt Securities Constant Mtrty,973 JM Overnight Fund,841 LIC MF Index Sensex,66
ICICI Pru Infrastructure,343 IDFC GSF Investment,959 JM Short-term,698 LIC MF Infrastructure,348
ICICI Pru Large & Midcap,125 IDFC Hybrid Equity,485 JM Tax Gain,293 LIC MF Large & Midcap,131
ICICI Pru Liquid,776 IDFC Infrastructure,344 JM Ultra Short Duration,749 LIC MF Large Cap,67
ICICI Pru Liquid ETF,777 IDFC Large Cap,45 JM Value,265 LIC MF Liquid,787
ICICI Pru Long Term Bond,648 IDFC Low Duration,720 Kotak Asset Allocator,544 LIC MF Multicap,178
ICICI Pru Manufacture in India,381 IDFC Money Manager,812 Kotak Balanced Advantage,619 LIC MF Overnight,844
ICICI Pru Medium Term Bond,671 IDFC Multi Cap,169 Kotak Banking ETF,322 LIC MF Savings,725
ICICI Pru Midcap,212 IDFC Nifty,46 Kotak Bond,658 LIC MF Short Term Debt,701
ICICI Pru Midcap Select ETF,126 IDFC Nifty ETF,47 Kotak Bond Short-term,699 LIC MF Tax,296
ICICI Pru MNC,403 IDFC Overnight,837 Kotak Corporate Bond,896 LIC MF ULIS,492
ICICI Pru Money Maket,811 IDFC Regular Savings,542 Kotak Credit Risk,914 LIC MF Ultra ST,752
ICICI Pru Multi Asset,640 IDFC Sensex ETF,48 Kotak Debt Hybrid,545 Mahindra Manulife Credit Risk,916
ICICI Pru Multicap,163 IDFC Sterling Value,262 Kotak Dynamic Bond,872 Mahindra Manulife ELSS Kar Bcht Yjn,297
ICICI Pru Nifty 100 ETF,32 IDFC Tax Advantage (ELSS),289 Kotak Emrgng Eqt,216 Mahindra Manulife Liquid,788
ICICI Pru Nifty ETF,33 IDFC Ultra Short Term,746 Kotak Equity Arbitrage,593 Mahindra Manulife Low Duration,726
ICICI Pru Nifty Low Vol 30 ETF,35 IIFL Dynamic Bond,869 Kotak Equity Hybrid,489 Mahindra Manulife Midcap Unnati Yjn,218
ICICI Pru Nifty Next 50 ETF,36 IIFL Focused Equity,170 Kotak Equity Opportunities,129 Mahindra Manulife MultiCap Bdht Yjn,179
ICICI Pru Nifty Next 50 Index,37 IIFL Liquid,780 Kotak Equity Savings,567 Mahindra Manulife Overnight,845
ICICI Pru NV20 ETF,38 Indiabulls Arbitrage,589 Kotak Floating Rate,946 Mahindra Manulife Top 250 Nivsh Yjn,132
ICICI Pru Pharma Hlthcr & Diagn,359 Indiabulls Banking & PSU Debt,931 Kotak Focused Equity,174 Mahindra Manulife Ultra ST,753
ICICI Pru Private Banks ETF,319 Indiabulls Bluechip,49 Kotak Global Emerging Market,452 Mahindra Mnlfe EqtSvgs Dhn Schy Yjn,569
ICICI Pru Regular Gold Svngs (FOF),983 Indiabulls Dynamic Bond,870 Kotak Gold,988 Mahindra Mnlife Rrl Bhrt & Con Yjn,384
ICICI Pru Regular Savings,536 Indiabulls Equity Hybrid,486 Kotak India EQ Contra,266 Mahindra Mnulfe Hybrd Eqt Nivsh Yjn,493
ICICI Pru Retirement Hybrid Cons,537 Indiabulls Income,674 Kotak Infra & Eco Reform,346 Mahindra Mnulife Largecap Prgti Yjn,68
ICICI Pru Retrmnt Hybrid Agrsv,483 Indiabulls Liquid,781 Kotak Low Duration,723 Mirae Asset Arbtg Fund,596
ICICI Pru Retrmnt Pure Debt,672 Indiabulls Nifty 50 ETF,50 Kotak Medium Term,675 Mirae Asset Cash Management,789
ICICI Pru Retrmnt Pure Eqt,164 Indiabulls Overnight,838 Kotak Money Market,816 Mirae Asset Dynamic Bond,874
ICICI Pru S&P BSE 500 ETF,165 Indiabulls Savings,813 Kotak Nifty ETF,56 Mirae Asset Emerging Bluechip,133
ICICI Pru Savings,719 Indiabulls Short Term,696 Kotak NV 20 ETF,57 Mirae Asset Equity Savings,570
ICICI Pru Sensex ETF,39 Indiabulls Tax Savings,290 Kotak Overnight,842 Mirae Asset Focused,180
ICICI Pru Sensex Index,40 Indiabulls Ultra Short Term,747 Kotak Pioneer,382 Mirae Asset Great Consumer,416
ICICI Pru Short Term,692 Indiabulls Value,263 Kotak PSU Bank ETF,323 Mirae Asset Healthcare,361
ICICI Pru Small Cap,243 Invesco (I) Feeder Global Eqt Incm,450 Kotak Savings,750 Mirae Asset Hybrid Equity,494
ICICI Pru Technology,368 Invesco India Arbitrage,590 Kotak Sensex ETF,58 Mirae Asset Large Cap,69
ICICI Pru Thematic Advtg (FOF),538 Invesco India Banking & PSU Debt,932 Kotak Small Cap,248 Mirae Asset Midcap,219
ICICI Pru Ultra Short Term,744 Invesco India Contra,264 Kotak Standard Multicap,175 Mirae Asset Nifty 50 ETF,70
ICICI Pru US Bluechip Eqt,449 Invesco India Corporate Bond,895 Kotak Tax Saver,294 Mirae Asset Nifty Next 50 ETF,71
ICICI Pru Value Discovery,260 Invesco India Credit Risk,913 L&T Arbitrage Opportunities,594 Mirae Asset Overnight,846
ICICI Prudential India Eqt FOF,166 Invesco India Dynamic Equity,617 L&T Balanced Advantage,620 Mirae Asset Savings,727
ICICI Prudential Midcap 150 ETF,213 Invesco India Equity & Bond,487 L&T Banking & PSU Debt,934 Mirae Asset Short Term,702
IDBI Banking & Fin Services,320 Invesco India Equity Savings,566 L&T Business Cycles,383 Mirae Asset Tax Saver,298
IDBI Credit Risk,911 Invesco India Feeder Pan Eur Eqt,451 L&T Conservative Hybrid,546 Motilal Oswal Dynamic,621
IDBI Diversified Eqt,167 Invesco India Financial Services,321 L&T Credit Risk,915 Motilal Oswal Equity Hybrid,495
IDBI Dividend Yield,398 Invesco India Gilt,960 L&T Emerging Businesses,249 Motilal Oswal Focused 25,72
IDBI Dynamic Bond,867 Invesco India Gold,986 L&T Equity,176 Motilal Oswal Large and Midcap,134
IDBI Eqt Advantage,288 Invesco India Gold ETF,987 L&T Equity Savings,568 Motilal Oswal Liquid,790
IDBI Eqt Savings,564 Invesco India Infrastructure,345 L&T Flexi Bond,873 Motilal Oswal Long Term Eqt,299

Motilal Oswal M50 ETF,73 PGIM India Banking & PSU Debt,937 SBI ETF Sensex Next 50,97 Tata Resources & Energy,407
Motilal Oswal Midcap 100 ETF,220 PGIM India Credit Risk,918 SBI Focused Equity,192 Tata Retrmnt Savings Cons,554
Motilal Oswal Midcap 30,221 PGIM India Diversified Eqt,187 SBI Gold,995 Tata Retrmnt Svngs Moderate,505
Motilal Oswal Multicap 35,181 PGIM India Dynamic Bond,876 SBI Healthcare Opportunities,363 Tata Retrmnt Svngs Progressive,198
Motilal Oswal NASDAQ 100 ETF,453 PGIM India Euro Eqt,459 SBI Infrastructure,352 Tata Short-term Bond,708
Motilal Oswal Nasdaq 100 FOF,454 PGIM India Gilt,967 SBI Large & Midcap,138 Tata Small Cap,256
Motilal Oswal Nifty 50 Index,74 PGIM India Global Eqt Opp,460 SBI Liquid,798 Tata Treasury Advantage,733
Motilal Oswal Nifty 500,182 PGIM India Insta Cash,794 SBI Long Term Equity,306 Tata Ultra Short Term,760
Motilal Oswal Nifty Bank,325 PGIM India Large Cap,87 SBI Magnum Children’s Benefit,552 Tata Young Citizens,514
Motilal Oswal Nifty Midcap 150,222 PGIM India Long Term Eqt,302 SBI Magnum COMMA,389 Taurus Banking & Financial Srvcs,334
Motilal Oswal Nifty Next 50 Index Fund,75 PGIM India Low Duration,729 SBI Magnum Equity ESG,390 Taurus Discovery (Midcap),231
Motilal Oswal Nifty Smallcap 250,250 PGIM India Midcap Opp,225 SBI Magnum Global,404 Taurus Ethical,394
Motilal Oswal S&P 500 Index Fund,455 PGIM India Money Market Fund,819 SBI Magnum Low Duration,731 Taurus Infrastructure,355
Motilal Oswal Ultra Short Term,754 PGIM India Overnight,848 SBI Magnum Medium Duration,678 Taurus Liquid,801
Nippon India Arbitrage,597 PGIM India Premier Bond,899 SBI Magnum Midcap,228 Taurus Nifty Index,106
CPSE ETF,409 PGIM India Short Maturity,704 SBI Magnum MultiCap,193 Taurus Starshare (Multi Cap),199
Nippon India Balanced Advantage,622 PGIM India Ultra ST,756 SBI Multi Asset Allocation,643 Taurus Tax Shield,310
Nippon India Banking,326 Principal Arbitrage,599 SBI Nifty Index,98 Union Arbitrage,603
Nippon India Banking & PSU Debt,936 Principal Balanced Advantage,623 SBI Overnight,849 Union Balanced Advantage,628
Nippon India Consumption,417 Principal Credit Risk,919 SBI PSU,411 Union Corporate Bond,902
Nippon India Dynamic Bond,875 Principal Dividend Yield,399 SBI Savings,821 Union Dynamic Bond,882
Nippon India Eqt Svngs Fund,571 Principal Dynamic Bond,877 SBI Short Term Debt,706 Union Equity Savings,577
Nippon India Equity Hybrid,496 Principal Emerging Bluechip,136 SBI Small Cap,254 Union Focused,200
Nippon India ETF Bank BeES,327 Principal Focused Multicap,188 Shriram Balanced Advantage,625 Union Large & Midcap,141
Nippon India ETF Consumption,418 Principal Global Opportunities,461 Shriram Hybrid Equity,502 Union Large Cap,107
Nippon India ETF Dividend Opp,385 Principal Hybrid Equity,498 Shriram Long Term Equity,307 Union Liquid,802
Nippon India ETF Gold BeES,990 Principal Low Duration,730 Shriram Multicap,194 Union Long Term Equity,311
Nippon India ETF Hang Seng BeES,456 Principal Midcap Fund,226 Sundaram Arbtg,601 Union Midcap Fund,232
Nippon India ETF Infra BeES,349 Principal Nifty 100 Equal Weight,88 Sundaram Balanced Advtg,626 Union Multi Cap,201
Nippon India ETF Junior BeES,76 Principal Retrmnt Svngs Cons,550 Sundaram Banking & PSU Debt,939 Union Overnight,852
Nippon India ETF Liquid BeES,791 Principal Retrmnt Svngs Moderate,513 Sundaram Corporate Bond,901 Union Small Cap,257
Nippon India ETF Long Term Gilt,965 Principal Retrmnt Svngs Prgrsv,499 Sundaram Debt Oriented Hybrid,553 Union Value Discovery,273
Nippon India ETF Nifty 100,77 Principal Small Cap,252 Sundaram Diversified Equity,308 UTI Arbitrage,604
Nippon India ETF Nifty BeES,78 Principal Tax Savings,303 Sundaram Equity,195 UTI Banking & Fin Services,335
Nippon India ETF Nifty IT,369 Principal Ultra Short Term,757 Sundaram Equity Hybrid,503 UTI Banking & PSU Debt,941
Nippon India ETF Nifty Midcap 150,223 Quant Absolute,500 Sundaram Equity Savings,575 UTI Bond,663
Nippon India ETF NV20,79 Quant Active,190 Sundaram Fin Services Opp,331 UTI Children’s Career Investment,202
Nippon India ETF PSU Bank BeES,328 Quant Consumption,419 Sundaram Global Brand,462 UTI Children’s Career Svngs,515
Nippon India ETF Sensex,80 Quant Dynamic Bond,878 Sundaram Infrastructure Adv,353 UTI Core Equity,142
Nippon India ETF Sensex Next 50,81 Quant Focused,89 Sundaram Large & Midcap,139 UTI Corporate Bond,903
Nippon India ETF Shariah BeES,82 Quant Infrastructure,351 Sundaram Low Duration,732 UTI Credit Risk,922
Nippon India Floating Rate,947 Quant Large & Midcap,137 Sundaram Midcap,229 UTI Dividend Yield,401
Nippon India Focused Equity,183 Quant Liquid,796 Sundaram Money,799 UTI Dynamic Bond,883
Nippon India Gilt Securities Inst,966 Quant Money Market,820 Sundaram Money Market,822 UTI Equity,203
Nippon India Gold Savings,991 Quant Small Cap,253 Sundaram Rural & Consumption,421 UTI Equity Savings,578
Nippon India Growth,224 Quant Tax,304 Sundaram Select Focus,99 UTI Floater,948
Nippon India Hybrid Bond,548 Quantum Dynamic Bond,879 Sundaram Services,391 UTI Gilt,970
Nippon India Income,660 Quantum Equity FoF,191 Sundaram Short Term Debt,707 UTI Gold ETF,996
Nippon India Index Nifty,83 Quantum Gold,992 Sundaram Small Cap,255 UTI Healthcare,365
Nippon India Index Sensex,84 Quantum Gold Savings,993 Sundaram Smart NIFTY 100 Equal Wght,100 UTI Hybrid Equity,506
Nippon India Japan Equity,457 Quantum India ESG Eqt,387 Sundaram ST Credit Risk,921 UTI Infrastructure,356
Nippon India Junior BeES FoF,85 Quantum Liquid,797 Sundaram Ultra Short Term,759 UTI Liquid Cash,803
Nippon India Large Cap,86 Quantum Long Term Eqt Value,269 Tata Arbitrage,602 UTI Long Term Equity,312
Nippon India Liquid,792 Quantum Multi Asset FOFs,642 Tata Balanced Advantage,627 UTI Medium Term,681
Nippon India Low Duration,728 Quantum Nifty ETF,90 Tata Banking & Fin Services,332 UTI Midcap,233
Nippon India Money Market,818 Quantum Tax Saving,305 Tata Banking & PSU Debt,940 UTI MNC,405
Nippon India Multi Cap,184 SBI Arbitrage Opportunities,600 Tata Digital India,371 UTI Money Market,824
Nippon India Nivesh Lakshya,649 SBI Banking & Fin Services,329 Tata Dynamic Bond,881 UTI Multi Asset,645
Nippon India Overnight,847 SBI Banking and PSU,938 Tata Equity PE,271 UTI Nifty ETF,109
Nippon India Pharma,362 SBI Bluechip,91 Tata Ethical,392 UTI Nifty Index,110
Nippon India Power & Infra,350 SBI Contra,270 Tata Focused Eqt,196 UTI Nifty Next 50 ETF,111
Nippon India Prime Debt,898 SBI Corporate Bond,900 Tata GSF,969 UTI Nifty Next 50 Index,112
Nippon India Quant,386 SBI Credit Risk,920 Tata Hybrid Equity,504 UTI Overnight,853
Nippon India Retrmnt Incm Generation,549 SBI Debt Hybrid,551 Tata Income,662 UTI Regular Savings,555
Nippon India Retrmnt Wealth Creation,185 SBI Dynamic Asset Allocation,624 Tata India Consumer,422 UTI Retrmnt Benefit Pension,516
Nippon India Short-term,703 SBI Dynamic Bond,880 Tata India Pharma & HealthCare,364 UTI S&P BSE Sensex Next 50 ETF,113
Nippon India Small Cap,251 SBI Equity Hybrid,501 Tata India Tax Savings,309 UTI Sensex ETF,114
Nippon India Strategic Debt,677 SBI Equity Minimum Variance,388 Tata Infrastructure,354 UTI Short-term Income,709
Nippon India Tax Saver (ELSS),300 SBI Equity Savings,574 Tata Large & Midcap,140 UTI Transportation & Logistics,395
Nippon India Ultra Short Duration,755 SBI ETF 10 Year Gilt,974 Tata Large Cap,103 UTI Ultra Short Term,761
Nippon India US Eqt Opportunities,458 SBI ETF BSE 100,92 Tata Liquid,800 UTI Unit Linked Insurance,629
Nippon India Value,268 SBI ETF Gold,994 Tata Medium Term,680 UTI Value Opportunities,274
Nippon India Vision,135 SBI ETF Nifty 50,93 Tata Multi Asset Opp Fund,644 YES Liquid,804
Parag Parikh Liquid,793 SBI ETF Nifty Bank,330 Tata Multicap,197 YES Overnight,854
Parag Parikh Long Term Equity,186 SBI ETF Nifty Next 50,94 Tata Nifty ETF,104 YES Ultra Short Term,762
Parag Parikh Tax Saver,301 SBI ETF Quality,95 Tata Nifty Private Bank ETF,333
PGIM India Arbitrage,598 SBI ETF Sensex,96 Tata Quant Fund,393

SCOREBOARD
Performance snapshot
Here are the performance data of the Indian mutual fund industry as of June 2020
REGULAR DIRECT
Category/benchmark 1 mth 3 mths 1 yr 3 yrs 5 yrs 10 yrs 20 yrs 1 mth 3 mths 1 yr 3 yrs 5 yrs
Equity: Large Cap 6.80 18.71 -10.66 2.73 4.85 7.77 12.31 6.87 18.61 -10.27 2.67 5.44
Equity: Large & MidCap 7.29 18.93 -10.59 -0.49 4.76 8.90 13.49 7.43 19.20 -9.45 0.74 5.81
Equity: Multi Cap 7.22 18.41 -9.84 0.87 4.80 8.74 14.12 7.31 18.70 -8.80 1.88 5.79
Equity: Mid Cap 8.81 20.88 -8.28 -1.62 4.50 11.23 16.17 8.66 20.75 -6.85 -0.33 5.68
Equity: Small Cap 11.15 21.65 -12.89 -5.97 3.49 8.76 — 11.27 22.05 -11.79 -4.91 4.54
Equity: Value Oriented 7.74 21.43 -14.62 -2.54 3.55 8.63 15.84 7.83 21.70 -13.83 -1.58 4.52
Equity: ELSS 7.36 18.32 -11.04 0.01 4.44 8.86 13.19 7.47 18.65 -10.09 1.06 5.44
Equity: International 3.86 19.70 9.54 8.15 5.75 6.82 — 3.79 20.16 9.68 8.43 6.24
S&P BSE Sensex TRI 7.75 18.67 -10.40 5.31 5.98 8.51 12.21 7.75 18.67 -10.40 5.31 5.98
S&P BSE SENSEX Next 50 TRI 6.26 23.24 -12.45 -2.90 3.60 7.33 — 6.26 23.24 -12.45 -2.90 3.60
S&P BSE 500 TRI 8.30 21.27 -10.93 1.88 5.58 8.05 12.41 8.30 21.27 -10.93 1.88 5.58
S&P BSE Large Cap TRI 7.53 20.30 -11.08 3.51 5.52 8.09 — 7.53 20.30 -11.08 3.51 5.52
S&P BSE Mid Cap TRI 10.36 23.75 -10.56 -2.71 5.33 7.62 — 10.36 23.75 -10.56 -2.71 5.33
S&P BSE Small Cap TRI 13.73 28.95 -11.70 -6.11 3.21 4.41 — 13.73 28.95 -11.70 -6.11 3.21
Equity: Sectoral-Banking 12.06 12.44 -30.31 -5.94 1.00 4.46 — 10.80 13.41 -24.89 -2.55 4.64
S&P BSE Bankex TRI 9.75 10.18 -30.21 -2.30 3.51 9.44 — 9.75 10.18 -30.21 -2.30 3.51
Equity: Sectoral-Infrastructure 8.96 20.91 -20.09 -5.60 0.82 3.61 — 9.16 20.83 -19.91 -4.95 1.93
S&P BSE India Infrastructure TRI 7.53 19.72 -31.48 -11.05 -2.90 1.02 — 7.53 19.72 -31.48 -11.05 -2.90
Equity: Sectoral-Pharma 2.26 29.31 33.97 8.66 3.34 12.46 14.83 2.37 29.80 35.84 9.94 4.38
S&P BSE Healthcare TRI 3.97 33.90 27.32 5.44 0.30 11.74 13.94 3.97 33.90 27.32 5.44 0.30
Equity: Sectoral-Technology 6.31 18.42 -0.25 13.81 8.83 12.14 9.27 6.40 18.71 0.71 15.00 9.71
S&P BSE IT TRI 5.93 16.75 -2.85 17.06 9.50 12.97 8.38 5.93 16.75 -2.85 17.06 9.50
Hybrid: Aggressive Hybrid 5.68 13.78 -7.49 0.89 4.69 8.37 11.88 5.79 14.11 -6.43 1.99 5.72
Hybrid: Balanced Hybrid 5.08 11.11 -5.39 1.12 4.44 7.27 9.69 5.15 11.33 -4.70 1.84 5.10
Hybrid: Conservative Hybrid 2.82 5.49 1.14 3.31 5.79 7.45 7.84 2.90 5.71 2.04 4.24 6.72
VR Balanced TRI 6.20 16.27 -8.47 4.48 5.90 8.03 — 6.20 16.27 -8.47 4.48 5.90
VR MIP TRI 2.50 6.95 1.31 6.01 6.93 7.73 — 2.50 6.95 1.31 6.01 6.93
Debt: Long Duration 1.35 4.00 12.50 8.59 9.96 8.64 8.86 1.13 3.92 12.95 9.23 10.77
Debt: Medium Duration 1.42 2.46 6.28 5.62 6.95 7.49 7.37 1.47 2.53 7.09 6.38 7.77
Debt: Short Duration 1.23 2.48 8.60 5.77 6.73 7.62 — 1.29 2.65 9.33 6.48 7.45
Debt: Ultra Short Duration 0.52 1.70 6.73 6.07 6.72 7.97 7.31 0.56 1.82 7.24 6.57 7.22
Debt: Liquid 0.29 1.02 5.21 6.36 6.71 7.76 7.23 0.30 1.08 5.43 6.51 6.85
Debt: Dynamic Bond 0.94 3.10 9.80 6.31 7.91 8.35 7.74 0.99 3.26 10.49 7.07 8.66
Debt: Corporate Bond 1.58 3.82 11.23 7.48 8.01 8.17 7.54 1.62 3.94 11.73 7.94 8.53
Debt: Credit Risk 1.24 -2.41 -1.29 0.80 3.83 6.97 — 1.30 -2.22 -0.50 1.66 4.72
CCIL All Sovereign Bond - TRI 0.82 4.22 13.12 9.38 10.36 9.15 — 0.82 4.22 13.12 9.38 10.36
CCIL T Bill Liquidity Weight 0.17 0.89 3.96 4.15 4.35 4.78 — 0.17 0.89 3.96 4.15 4.35
VR Bond 0.52 2.32 7.82 6.92 7.54 7.56 — 0.52 2.32 7.82 6.92 7.54
Returns (%) as on June 30, 2020

SCOREBOARD
SIP returns
Worth of the monthly SIP of `10,000 across various time periods
REGULAR DIRECT
3-year 5-year 10-year 3-year 5-year
Return Value Return Value Return Value Return Value Return Value
Rating (%) (` lakh) (%) (` lakh) (%) (` lakh) Rating (%) (` lakh) (%) (` lakh)
Parag Parikh Long Term Equity Equity: Multi Cap 7.13 4.01 9.53 7.62 - - 7.95 4.06 10.30 7.77
Axis Midcap Equity: Mid Cap 4.70 3.87 8.23 7.38 - - 6.04 3.94 9.59 7.64
Axis Bluechip Equity: Large Cap 3.74 3.81 8.04 7.35 10.95 21.19 5.10 3.89 9.45 7.61
Mirae Asset Emerging Bluechip Equity: Large & MidCap 1.49 3.68 7.82 7.31 - - 2.46 3.74 8.81 7.49
IIFL Focused Equity Equity: Multi Cap 4.14 3.83 7.47 7.24 - - 5.69 3.92 9.01 7.53
Canara Robeco Bluechip Eqt Equity: Large Cap 4.06 3.83 7.31 7.21 - - 5.43 3.91 8.66 7.46
Nippon India ETF NV20 Equity: Large Cap Not rated 1.69 3.69 6.89 7.14 - - Not rated - - - -
Axis Focused 25 Equity: Multi Cap 0.53 3.63 6.77 7.12 - - 1.77 3.70 8.13 7.36
Canara Robeco Eqt Hybrid Hybrid: Aggressive Hybrid 3.97 3.82 6.72 7.11 10.65 20.85 5.22 3.90 8.05 7.35
SBI Focused Equity Equity: Multi Cap 1.47 3.68 6.55 7.08 12.37 22.85 2.52 3.74 7.64 7.27
Quant Active Equity: Multi Cap 2.98 3.77 6.52 7.07 11.46 21.77 3.26 3.78 6.79 7.12
Canara Robeco Eqt Diversified Equity: Multi Cap 1.89 3.71 6.17 7.01 9.41 19.52 2.95 3.77 7.15 7.18
Quant Large & Midcap Equity: Large & MidCap Not rated 2.66 3.75 5.95 6.97 12.27 22.73 Not rated 2.95 3.77 6.19 7.01
Quant Tax Equity: ELSS 0.83 3.65 5.77 6.94 10.19 20.35 2.05 3.71 6.68 7.10
Canara Robeco Eqt Tax Saver Equity: ELSS 1.75 3.70 5.76 6.94 9.62 19.74 2.71 3.75 6.70 7.11
Axis Long Term Equity Equity: ELSS 0.84 3.65 5.76 6.94 13.36 24.09 1.76 3.70 6.82 7.13
SBI Equity Hybrid Hybrid: Aggressive Hybrid 1.84 3.70 5.40 6.88 10.62 20.82 2.60 3.75 6.34 7.04
DSP Equity & Bond Hybrid: Aggressive Hybrid 2.21 3.72 5.38 6.87 9.54 19.66 3.24 3.78 6.50 7.07
Invesco India Contra Equity: Value Oriented -0.77 3.56 5.30 6.86 11.76 22.11 0.40 3.62 6.77 7.12
Tata Retrmnt Svngs Progressive Equity: Multi Cap -1.15 3.54 5.26 6.85 - - 0.44 3.62 6.92 7.14
DSP Equity Equity: Multi Cap 0.57 3.63 5.22 6.85 9.62 19.74 1.47 3.68 6.12 7.00
Principal Focused Multicap Equity: Multi Cap 1.21 3.67 5.12 6.83 8.97 19.08 1.94 3.71 5.90 6.96
Tata Retrmnt Svngs Moderate Hybrid: Aggressive Hybrid -0.12 3.59 5.09 6.82 - - 1.35 3.68 6.58 7.08
Nippon India ETF Shariah BeES Equity: Large Cap Not rated 1.24 3.67 5.07 6.82 7.96 18.09 Not rated - - - -
SBI ETF Sensex Equity: Large Cap Not rated -0.22 3.59 5.07 6.82 - - Not rated - - - -
Nippon India ETF Sensex Equity: Large Cap Not rated -0.22 3.59 5.07 6.82 - - Not rated - - - -
ICICI Pru Sensex ETF Equity: Large Cap Not rated -0.20 3.59 5.03 6.81 8.13 18.25 Not rated - - - -
BOI AXA Tax Advantage Equity: ELSS -0.05 3.60 4.96 6.80 9.40 19.52 1.11 3.66 6.32 7.04
UTI Equity Equity: Multi Cap 0.79 3.64 4.91 6.79 9.73 19.86 1.33 3.67 5.46 6.89
Axis Small Cap Equity: Small Cap 0.21 3.61 4.91 6.79 - - 1.59 3.69 6.28 7.03
DSP Midcap Equity: Mid Cap -0.06 3.60 4.89 6.79 12.65 23.19 0.83 3.65 5.85 6.95
Kotak Sensex ETF Equity: Large Cap Not rated -0.45 3.58 4.84 6.78 7.94 18.07 Not rated - - - -
Motilal Oswal Focused 25 Equity: Large Cap 0.76 3.64 4.84 6.78 - - 2.02 3.71 6.22 7.02
PGIM India Diversified Eqt Equity: Multi Cap 1.71 3.70 4.74 6.76 - - 3.64 3.81 6.61 7.09
SBI Small Cap Equity: Small Cap -3.62 3.40 4.73 6.76 16.58 28.63 -2.42 3.47 6.07 6.99
Kotak Equity Opportunities Equity: Large & MidCap -0.19 3.59 4.62 6.74 10.16 20.32 0.92 3.65 5.91 6.97
Sundaram Equity Hybrid Hybrid: Aggressive Hybrid 0.54 3.63 4.62 6.74 6.89 17.10 1.72 3.70 5.83 6.95
Sundaram Select Focus Equity: Large Cap -0.80 3.56 4.62 6.74 7.51 17.67 0.21 3.61 5.67 6.92
BNP Paribas Large Cap Equity: Large Cap 1.11 3.66 4.56 6.73 9.75 19.87 2.32 3.73 5.88 6.96
HDFC Index Sensex Equity: Large Cap -0.85 3.55 4.53 6.73 7.65 17.80 -0.63 3.57 4.73 6.76
Mirae Asset Large Cap Equity: Large Cap -2.07 3.49 4.46 6.72 11.21 21.47 -1.03 3.54 5.50 6.89
Canara Robeco Emerging Equities Equity: Large & MidCap -2.24 3.48 4.40 6.71 15.00 26.30 -1.08 3.54 5.73 6.93
Tata Index Sensex Equity: Large Cap -0.77 3.56 4.38 6.70 7.14 17.33 -0.23 3.59 4.91 6.79
Data as of June 2020

REGULAR DIRECT
Invesco India Midcap Equity: Mid Cap -0.50 3.57 4.30 6.69 12.56 23.08 1.00 3.66 6.04 6.99
Taurus Discovery (Midcap) Equity: Mid Cap -1.05 3.54 4.21 6.67 11.43 21.74 -0.59 3.57 4.71 6.76
HDFC Children’s Gift Hybrid: Aggressive Hybrid -0.57 3.57 4.18 6.67 10.07 20.22 0.33 3.62 5.18 6.84
Invesco India Tax Equity: ELSS -1.09 3.54 4.18 6.67 10.74 20.96 0.22 3.61 5.74 6.93
Quant Absolute Hybrid: Aggressive Hybrid Not rated 1.02 3.66 4.16 6.67 8.79 18.89 Not rated 2.27 3.73 5.08 6.82
JM Multicap Equity: Multi Cap -2.11 3.48 4.12 6.66 9.30 19.41 -1.33 3.53 5.16 6.84
Edelweiss ETF Nifty 50 Equity: Large Cap Not rated -1.73 3.50 4.09 6.65 - - Not rated - - - -
Nippon India Index Sensex Equity: Large Cap -1.03 3.54 4.06 6.65 - - -0.38 3.58 4.76 6.77
Kotak Standard Multicap Equity: Multi Cap -1.98 3.49 4.01 6.64 10.99 21.23 -0.99 3.55 5.15 6.83
Kotak India EQ Contra Equity: Value Oriented -2.30 3.47 4.00 6.64 8.60 18.71 -0.93 3.55 5.58 6.91
ABSL Tax Relief 96 Equity: ELSS -1.79 3.50 3.93 6.63 10.92 21.15 -0.77 3.56 5.05 6.82
Invesco India Growth Opp Equity: Large & MidCap -2.40 3.47 3.92 6.62 9.67 19.80 -1.21 3.53 5.42 6.88
ICICI Pru Nifty ETF Equity: Large Cap Not rated -1.65 3.51 3.90 6.62 - - Not rated - - - -
Nippon India ETF Nifty BeES Equity: Large Cap Not rated -1.61 3.51 3.89 6.62 7.58 17.73 Not rated - - - -
Invesco India Nifty ETF Equity: Large Cap Not rated -1.70 3.51 3.89 6.62 - - Not rated - - - -
LIC MF Index Sensex Equity: Large Cap -1.12 3.54 3.82 6.61 6.71 16.94 -0.71 3.56 4.30 6.69
ABSL Nifty ETF Equity: Large Cap Not rated -1.77 3.50 3.78 6.60 - - Not rated - - - -
IDFC Nifty Equity: Large Cap -1.61 3.51 3.78 6.60 7.45 17.61 -1.47 3.52 3.92 6.62
Quantum Nifty ETF Equity: Large Cap Not rated -1.78 3.50 3.77 6.60 7.51 17.67 Not rated - - - -
Kotak Tax Saver Equity: ELSS -1.22 3.53 3.72 6.59 9.07 19.18 -0.04 3.60 5.07 6.82
Kotak Nifty ETF Equity: Large Cap Not rated -1.77 3.50 3.69 6.59 7.28 17.46 Not rated - - - -
DSP Tax Saver Equity: ELSS -1.81 3.50 3.69 6.59 10.54 20.73 -0.84 3.55 4.78 6.77
JM Tax Gain Equity: ELSS -2.64 3.46 3.68 6.59 9.39 19.51 -1.90 3.50 4.74 6.76
UTI Nifty Index Equity: Large Cap -1.90 3.50 3.63 6.58 7.18 17.37 -1.83 3.50 3.71 6.59
BNP Paribas Long Term Equity Equity: ELSS -0.04 3.60 3.56 6.57 9.82 19.95 1.13 3.66 4.74 6.76
Principal Hybrid Equity Hybrid: Aggressive Hybrid -2.96 3.44 3.55 6.56 8.87 18.98 -1.76 3.50 4.87 6.79
ICICI Pru Nifty 100 ETF Equity: Large Cap Not rated -2.15 3.48 3.44 6.55 - - Not rated - - - -
JM Large Cap Equity: Large Cap 0.84 3.65 3.44 6.55 6.91 17.12 1.87 3.70 4.59 6.74
Edelweiss Large Cap Equity: Large Cap -1.79 3.50 3.43 6.54 8.56 18.67 -0.49 3.57 4.63 6.75
LIC MF Large & Midcap Equity: Large & MidCap -3.37 3.42 3.43 6.54 - - -1.92 3.49 5.04 6.81
HDFC Index Nifty 50 Equity: Large Cap -2.14 3.48 3.42 6.54 7.13 17.31 -1.96 3.49 3.61 6.57
SBI ETF BSE 100 Equity: Large Cap Not rated -2.53 3.46 3.36 6.53 - - Not rated - - - -
HSBC Large Cap Eqt Equity: Large Cap -1.99 3.49 3.33 6.53 7.14 17.32 -1.13 3.54 4.20 6.67
DSP Equity Opp Equity: Large & MidCap -2.54 3.46 3.30 6.52 9.68 19.81 -1.58 3.51 4.39 6.70
Motilal Oswal M50 ETF Equity: Large Cap Not rated -1.97 3.49 3.27 6.52 - - Not rated - - - -
Tata Index Nifty Equity: Large Cap -2.20 3.48 3.21 6.51 6.67 16.91 -1.79 3.50 3.67 6.58
IDFC Large Cap Equity: Large Cap -2.01 3.49 3.17 6.50 6.62 16.87 -1.07 3.54 4.30 6.69
Taurus Tax Shield Equity: ELSS -3.37 3.42 3.15 6.50 7.65 17.80 -2.61 3.46 3.96 6.63
ICICI Pru Focused Equity Equity: Multi Cap -0.36 3.58 3.14 6.50 7.42 17.58 0.64 3.64 4.27 6.68
Principal Emerging Bluechip Equity: Large & MidCap -3.96 3.39 3.13 6.49 13.01 23.64 -2.85 3.44 4.35 6.70
Taurus Nifty Index Equity: Large Cap Not rated -2.03 3.49 3.12 6.49 6.47 16.73 Not rated -1.76 3.50 3.69 6.59
ICICI Pru Equity & Debt Hybrid: Aggressive Hybrid -2.08 3.49 3.09 6.49 9.71 19.83 -1.35 3.53 4.13 6.66
ICICI Pru Nifty Index Equity: Large Cap -2.30 3.47 3.08 6.49 6.87 17.08 -1.90 3.50 3.51 6.56
LIC MF Large Cap Equity: Large Cap -0.97 3.55 3.07 6.48 7.27 17.44 0.05 3.60 4.19 6.67
Quant Midcap Equity: Mid Cap Not rated 0.24 3.61 3.05 6.48 6.68 16.92 Not rated 1.43 3.68 3.90 6.62
Kotak Bluechip Equity: Large Cap -1.25 3.53 3.02 6.48 8.03 18.16 -0.10 3.59 4.32 6.69
Shriram Hybrid Equity Hybrid: Aggressive Hybrid -0.34 3.58 3.00 6.47 - - 1.03 3.66 4.19 6.67
Tata Large & Midcap Equity: Large & MidCap -1.28 3.53 2.97 6.47 9.02 19.13 0.02 3.60 4.44 6.71

SCOREBOARD
REGULAR DIRECT
LIC MF Equity Hybrid Hybrid: Aggressive Hybrid 0.44 3.62 2.97 6.47 5.82 16.18 1.60 3.69 4.20 6.67
SBI Nifty Index Equity: Large Cap -2.65 3.46 2.92 6.46 6.48 16.74 -2.22 3.48 3.39 6.54
UTI Mastershare Equity: Large Cap -1.74 3.50 2.92 6.46 7.74 17.88 -0.93 3.55 3.77 6.60
Invesco India Large Cap Equity: Large Cap -1.83 3.50 2.89 6.46 8.11 18.23 -0.36 3.58 4.59 6.74
ABSL Index Equity: Large Cap -2.39 3.47 2.89 6.45 6.45 16.71 -2.18 3.48 3.12 6.49
ICICI Pru Bluechip Equity: Large Cap -3.11 3.43 2.84 6.45 8.56 18.67 -2.39 3.47 3.72 6.59
Nippon India ETF Nifty 100 Equity: Large Cap Not rated -2.89 3.44 2.76 6.43 - - Not rated - - - -
SBI ETF Nifty Next 50 Equity: Large Cap Not rated -3.64 3.40 2.73 6.43 - - Not rated - - - -
Edelweiss Large & Midcap Equity: Large & MidCap -2.88 3.44 2.72 6.43 8.15 18.27 -1.42 3.52 4.06 6.65
Nippon India Index Nifty Equity: Large Cap -2.75 3.45 2.69 6.42 - - -1.92 3.49 3.51 6.56
Edelweiss Agrsv Hybrid Hybrid: Aggressive Hybrid Not rated -1.11 3.54 2.69 6.42 6.90 17.11 Not rated 0.22 3.61 3.83 6.61
Kotak Equity Hybrid Hybrid: Aggressive Hybrid -1.17 3.54 2.67 6.42 6.97 17.18 0.10 3.61 4.10 6.66
LIC MF Index Nifty Equity: Large Cap -2.62 3.46 2.64 6.41 6.30 16.58 -2.18 3.48 3.14 6.50
Union Multi Cap Equity: Multi Cap -1.12 3.54 2.62 6.41 - - -0.49 3.57 3.32 6.53
Nippon India ETF Junior BeES Equity: Large Cap Not rated -3.57 3.41 2.59 6.41 9.52 19.64 Not rated - - - -
Franklin Index NSE Nifty Equity: Large Cap -2.86 3.44 2.58 6.41 6.40 16.67 -2.39 3.47 3.07 6.48
Motilal Oswal Long Term Eqt Equity: ELSS -5.55 3.30 2.48 6.39 - - -4.30 3.37 3.95 6.63
UTI Value Opportunities Equity: Value Oriented -1.78 3.50 2.44 6.38 6.94 17.15 -1.11 3.54 3.18 6.50
Tata Midcap Growth Equity: Mid Cap -2.53 3.46 2.44 6.38 11.57 21.89 -1.32 3.53 3.58 6.57
Sundaram Large & Midcap Equity: Large & MidCap -4.81 3.34 2.43 6.38 8.56 18.67 -3.69 3.40 3.55 6.56
Quant Focused Equity: Large Cap Not rated -2.61 3.46 2.38 6.37 10.97 21.21 Not rated -1.56 3.51 3.17 6.50
Tata Equity PE Equity: Value Oriented -5.31 3.31 2.38 6.37 10.25 20.41 -3.96 3.39 3.71 6.59
IDBI Nifty Index Equity: Large Cap -2.81 3.45 2.37 6.37 6.03 16.35 -1.88 3.50 3.49 6.55
UTI Long Term Equity Equity: ELSS -2.27 3.48 2.34 6.37 7.48 17.64 -1.40 3.52 3.29 6.52
PGIM India Midcap Opp Equity: Mid Cap 0.22 3.61 2.31 6.36 - - 1.78 3.70 3.84 6.61
Tata India Tax Savings Equity: ELSS -4.51 3.36 2.30 6.36 9.91 20.05 -3.07 3.43 3.78 6.60
UTI Children’s Career Investment Equity: Multi Cap -3.74 3.40 2.27 6.36 7.61 17.76 -2.88 3.44 3.19 6.50
ABSL Focused Eqt Equity: Large Cap -2.89 3.44 2.27 6.36 8.83 18.94 -1.97 3.49 3.36 6.53
IDFC Focused Equity Equity: Multi Cap -5.05 3.33 2.17 6.34 6.00 16.32 -3.69 3.40 3.80 6.60
Kotak Emrgng Eqt Equity: Mid Cap -4.05 3.38 2.16 6.34 12.16 22.59 -2.84 3.45 3.55 6.56
L&T Hybrid Equity Hybrid: Aggressive Hybrid -2.52 3.46 2.04 6.32 - - -1.49 3.52 3.17 6.50
HSBC Managed Solutions India Growth Hybrid: Aggressive Hybrid -3.31 3.42 1.95 6.30 - - -2.99 3.44 2.27 6.36
Baroda Large Cap Equity: Large Cap -2.21 3.48 1.89 6.29 5.32 15.75 -1.49 3.52 2.69 6.42
Edelweiss Multi Cap Equity: Multi Cap -5.46 3.31 1.88 6.29 - - -3.85 3.39 3.32 6.53
DSP Focus Equity: Multi Cap -2.76 3.45 1.85 6.29 7.76 17.90 -1.76 3.50 2.82 6.44
BNP Paribas Multi Cap Equity: Multi Cap -3.61 3.40 1.84 6.29 8.86 18.96 -2.23 3.48 3.45 6.55
SBI Magnum MultiCap Equity: Multi Cap -4.77 3.34 1.79 6.28 9.71 19.84 -3.81 3.39 2.91 6.46
L&T India Large Cap Equity: Large Cap -3.07 3.43 1.78 6.28 7.14 17.32 -2.23 3.48 2.65 6.42
ICICI Pru Nifty Next 50 Index Equity: Large Cap -4.61 3.35 1.78 6.28 8.82 18.92 -4.22 3.37 2.22 6.35
Union Long Term Equity Equity: ELSS -1.53 3.52 1.74 6.27 - - -1.11 3.54 2.34 6.37
IDBI India Top 100 Eqt Equity: Large Cap -2.01 3.49 1.69 6.26 - - -0.64 3.56 3.22 6.51
JM Value Equity: Value Oriented Not rated -5.78 3.29 1.69 6.26 8.22 18.34 Not rated -5.16 3.32 2.60 6.41
ABSL Equity Equity: Multi Cap -5.30 3.31 1.65 6.26 9.73 19.86 -4.40 3.36 2.72 6.43
Principal Tax Savings Equity: ELSS -5.87 3.28 1.54 6.24 9.19 19.30 -5.32 3.31 2.13 6.33
ICICI Pru LT Eqt (Tax Saving) Equity: ELSS -3.53 3.41 1.54 6.24 8.69 18.80 -2.76 3.45 2.53 6.40
L&T Midcap Equity: Mid Cap -6.45 3.25 1.51 6.23 12.11 22.53 -5.38 3.31 2.63 6.41
LIC MF Multicap Equity: Multi Cap -1.67 3.51 1.51 6.23 5.24 15.69 -0.89 3.55 2.34 6.37
ICICI Pru Child Care Gift Hybrid: Aggressive Hybrid -3.44 3.41 1.51 6.23 8.04 18.17 -2.68 3.45 2.35 6.37

REGULAR DIRECT
SBI Large & Midcap Equity: Large & MidCap -4.42 3.36 1.49 6.23 9.14 19.25 -3.74 3.40 2.21 6.35
SBI Bluechip Equity: Large Cap -3.77 3.40 1.47 6.23 8.96 19.07 -2.93 3.44 2.48 6.39
Principal Multi Cap Growth Equity: Multi Cap -6.25 3.26 1.47 6.23 9.16 19.27 -5.39 3.31 2.41 6.38
Franklin Eqt Hybrid Hybrid: Aggressive Hybrid -2.67 3.45 1.47 6.23 8.01 18.14 -1.58 3.51 2.75 6.43
LIC MF Tax Equity: ELSS -4.97 3.33 1.45 6.22 7.40 17.57 -3.84 3.39 2.66 6.42
IDBI Nifty Junior Index Equity: Large Cap -4.51 3.36 1.43 6.22 - - -3.85 3.39 2.38 6.37
PGIM India Large Cap Equity: Large Cap -3.69 3.40 1.38 6.21 7.05 17.24 -2.34 3.47 2.91 6.46
Motilal Oswal Multicap 35 Equity: Multi Cap -6.04 3.28 1.34 6.21 - - -5.17 3.32 2.33 6.36
Indiabulls Bluechip Equity: Large Cap -5.17 3.32 1.30 6.20 - - -3.73 3.40 2.97 6.47
IDBI Eqt Advantage Equity: ELSS -3.90 3.39 1.26 6.19 - - -2.52 3.46 2.79 6.44
IDBI Diversified Eqt Equity: Multi Cap -2.97 3.44 1.21 6.19 - - -1.43 3.52 2.93 6.46
Essel Large Cap Equity Equity: Large Cap -4.38 3.36 1.18 6.18 - - -2.85 3.44 2.75 6.43
LIC MF ULIS Hybrid: Aggressive Hybrid -3.72 3.40 1.17 6.18 5.27 15.72 -2.83 3.45 2.22 6.35
Nippon India Growth Equity: Mid Cap -5.07 3.33 1.11 6.17 8.18 18.30 -4.44 3.36 1.85 6.29
Franklin Focused Eqt Equity: Multi Cap -4.75 3.34 1.04 6.16 10.47 20.65 -3.82 3.39 2.14 6.33
BNP Paribas Midcap Equity: Mid Cap -3.66 3.40 0.96 6.15 11.17 21.43 -2.26 3.48 2.54 6.40
ICICI Pru Value Discovery Equity: Value Oriented -2.78 3.45 0.95 6.15 9.97 20.12 -2.13 3.48 1.81 6.28
JM Core 11 Equity: Large Cap -7.83 3.18 0.93 6.14 7.53 17.68 -6.27 3.26 2.57 6.40
Edelweiss Midcap Equity: Mid Cap -5.59 3.30 0.92 6.14 11.69 22.04 -4.13 3.38 2.26 6.35
DSP Top 100 Equity Equity: Large Cap -4.47 3.36 0.73 6.11 5.87 16.21 -3.76 3.40 1.48 6.23
Nippon India Small Cap Equity: Small Cap -8.16 3.17 0.72 6.11 - - -7.27 3.21 1.86 6.29
ABSL Frontline Eqt Equity: Large Cap -5.22 3.32 0.68 6.10 7.85 17.98 -4.50 3.36 1.58 6.24
Invesco India Multicap Equity: Multi Cap Not rated -5.37 3.31 0.61 6.09 10.70 20.90 Not rated -4.01 3.38 2.22 6.35
L&T Equity Equity: Multi Cap -5.16 3.32 0.56 6.09 7.13 17.32 -4.49 3.36 1.31 6.20
L&T Tax Advantage Equity: ELSS -6.74 3.24 0.55 6.08 7.75 17.89 -6.19 3.27 1.25 6.19
Tata Hybrid Equity Hybrid: Aggressive Hybrid -3.24 3.42 0.53 6.08 7.88 18.02 -2.04 3.49 1.78 6.28
Baroda Midcap Equity: Mid Cap -3.75 3.40 0.52 6.08 - - -2.95 3.44 1.40 6.22
HDFC Hybrid Equity Hybrid: Aggressive Hybrid -4.45 3.36 0.44 6.07 5.57 15.96 -3.76 3.40 1.19 6.18
Nippon India Value Equity: Value Oriented -6.18 3.27 0.40 6.06 7.63 17.78 -5.54 3.30 1.16 6.18
PGIM India Hybrid Eqt Hybrid: Aggressive Hybrid -3.27 3.42 0.32 6.05 5.35 15.78 -1.77 3.50 1.86 6.29
Baroda Hybrid Equity Hybrid: Aggressive Hybrid -4.64 3.35 0.29 6.04 5.43 15.85 -3.75 3.40 1.44 6.22
HDFC Mid-Cap Opportunities Equity: Mid Cap -6.70 3.24 0.19 6.03 11.08 21.33 -5.95 3.28 1.12 6.17
L&T Large and Midcap Equity: Large & MidCap -6.34 3.26 0.15 6.02 7.81 17.95 -5.54 3.30 1.02 6.16
Tata Large Cap Equity: Large Cap -5.57 3.30 0.15 6.02 6.14 16.45 -4.57 3.35 1.45 6.22
SBI Long Term Equity Equity: ELSS -4.65 3.35 0.10 6.01 7.08 17.28 -4.03 3.38 0.78 6.12
UTI Hybrid Equity Hybrid: Aggressive Hybrid -5.16 3.32 0.05 6.01 5.89 16.24 -4.49 3.36 0.78 6.12
HDFC Top 100 Equity: Large Cap -7.41 3.21 0.04 6.01 6.34 16.62 -6.81 3.24 0.76 6.12
HSBC Tax Saver Eqt Equity: ELSS -6.71 3.24 -0.09 5.99 7.58 17.73 -5.70 3.29 0.89 6.14
Franklin Bluechip Equity: Large Cap -5.13 3.32 -0.13 5.98 5.98 16.31 -4.36 3.36 0.74 6.11
Franklin Prima Equity: Mid Cap -6.88 3.23 -0.16 5.98 11.00 21.25 -6.01 3.28 0.86 6.13
Baroda Multi Cap Equity: Multi Cap -5.41 3.31 -0.16 5.97 5.60 15.99 -4.60 3.35 0.76 6.12
ABSL Eqt Advantage Equity: Large & MidCap -6.63 3.25 -0.20 5.97 8.67 18.77 -5.66 3.30 0.96 6.15
HSBC Multi Cap Eqt Equity: Multi Cap -6.28 3.26 -0.21 5.97 7.35 17.52 -5.34 3.31 0.73 6.11
UTI Midcap Equity: Mid Cap -4.92 3.33 -0.22 5.97 10.85 21.07 -4.10 3.38 0.71 6.11
Edelweiss LT Eqt (Tax Svngs) Equity: ELSS -5.95 3.28 -0.25 5.96 7.00 17.20 -4.36 3.36 1.27 6.20
ICICI Pru Multicap Equity: Multi Cap -6.94 3.23 -0.27 5.96 7.78 17.92 -6.00 3.28 0.82 6.13
IDFC Tax Advantage (ELSS) Equity: ELSS -8.29 3.16 -0.30 5.96 8.34 18.45 -7.18 3.22 0.96 6.15
IDFC Core Equity Equity: Large & MidCap -7.81 3.18 -0.33 5.95 6.03 16.35 -6.61 3.25 1.17 6.18

SCOREBOARD
REGULAR DIRECT
BOI AXA Large & Midcap Eqt Equity: Large & MidCap -6.01 3.28 -0.35 5.95 5.39 15.81 -4.85 3.34 0.93 6.14
Principal Nifty 100 Equal Weight Equity: Large Cap -5.67 3.30 -0.43 5.93 4.48 15.09 -5.43 3.31 -0.08 5.99
Nippon India Focused Equity Equity: Multi Cap -7.12 3.22 -0.46 5.93 9.76 19.89 -6.44 3.26 0.42 6.06
L&T India Value Equity: Value Oriented -7.87 3.18 -0.55 5.92 10.44 20.62 -6.98 3.23 0.43 6.07
ICICI Pru Large & Midcap Equity: Large & MidCap -7.03 3.22 -0.56 5.92 6.42 16.69 -6.21 3.27 0.47 6.07
Franklin Equity Equity: Multi Cap -6.13 3.27 -0.57 5.91 7.88 18.01 -5.31 3.31 0.41 6.06
Kotak Small Cap Equity: Small Cap -6.79 3.24 -0.67 5.90 9.30 19.42 -5.54 3.30 0.79 6.12
ABSL Eq Hybrid ‘95 Hybrid: Aggressive Hybrid -6.44 3.26 -0.70 5.89 6.97 17.18 -5.66 3.30 0.32 6.05
HDFC Growth Opportunities Equity: Large & MidCap -6.45 3.25 -0.74 5.89 4.02 14.73 -6.26 3.26 -0.57 5.91
Nippon India Large Cap Equity: Large Cap -9.09 3.12 -0.89 5.87 7.29 17.46 -8.21 3.16 0.16 6.02
HDFC Equity Equity: Multi Cap -8.95 3.13 -0.98 5.85 6.31 16.59 -8.32 3.16 -0.20 5.97
Taurus Largecap Equity Equity: Large Cap -5.99 3.28 -1.38 5.79 4.04 14.75 -5.64 3.30 -0.82 5.88
HDFC Capital Builder Value Equity: Value Oriented -9.52 3.10 -1.40 5.79 7.26 17.44 -8.55 3.15 -0.25 5.96
IDFC Multi Cap Equity: Multi Cap -7.63 3.19 -1.44 5.78 8.08 18.20 -6.97 3.23 -0.69 5.90
Franklin Life Stage FoF 20s Hybrid: Aggressive Hybrid -7.58 3.20 -1.64 5.76 5.53 15.93 -7.04 3.22 -1.12 5.83
Baroda ELSS 96 Equity: ELSS -7.42 3.20 -1.76 5.74 5.03 15.52 -6.72 3.24 -0.91 5.86
SBI Magnum Midcap Equity: Mid Cap -6.08 3.27 -1.92 5.71 10.12 20.27 -5.21 3.32 -0.89 5.87
Sundaram Diversified Equity Equity: ELSS -9.30 3.11 -2.01 5.70 5.99 16.32 -8.90 3.13 -1.51 5.77
DSP Small Cap Equity: Small Cap -7.89 3.18 -2.11 5.69 11.77 22.13 -7.18 3.22 -1.40 5.79
UTI Core Equity Equity: Large & MidCap -8.45 3.15 -2.26 5.66 5.00 15.50 -7.98 3.18 -1.73 5.74
Franklin Taxshield Equity: ELSS -8.86 3.13 -2.30 5.66 7.00 17.20 -7.94 3.18 -1.27 5.81
HDFC Taxsaver Equity: ELSS -9.68 3.09 -2.31 5.66 5.37 15.80 -9.11 3.12 -1.63 5.76
ICICI Pru Midcap Equity: Mid Cap -10.22 3.06 -2.55 5.62 8.76 18.87 -9.31 3.11 -1.49 5.78
Motilal Oswal Midcap 30 Equity: Mid Cap -8.10 3.17 -2.68 5.60 - - -6.99 3.23 -1.41 5.79
Union Small Cap Equity: Small Cap -7.58 3.20 -2.70 5.60 - - -6.98 3.23 -1.95 5.71
HDFC Small Cap Equity: Small Cap -13.85 2.89 -2.79 5.59 7.34 17.51 -12.80 2.94 -1.47 5.78
SBI Contra Equity: Value Oriented -8.72 3.14 -2.82 5.58 4.25 14.90 -8.16 3.17 -2.17 5.68
Motilal Oswal Midcap 100 ETF Equity: Mid Cap Not rated -9.78 3.09 -2.86 5.58 - - Not rated - - - -
Taurus Starshare (Multi Cap) Equity: Multi Cap -9.20 3.11 -3.00 5.56 3.84 14.60 -9.07 3.12 -2.74 5.60
Nippon India Vision Equity: Large & MidCap -9.33 3.11 -3.12 5.54 4.56 15.15 -8.82 3.13 -2.50 5.63
Sundaram Midcap Equity: Mid Cap -10.93 3.03 -3.37 5.51 8.88 18.99 -10.22 3.06 -2.63 5.61
L&T Emerging Businesses Equity: Small Cap -15.21 2.82 -3.38 5.51 - - -14.25 2.87 -2.31 5.66
HDFC Focused 30 Equity: Multi Cap -10.59 3.05 -3.53 5.48 4.17 14.85 -9.75 3.09 -2.50 5.63
ICICI Pru Small Cap Equity: Small Cap -10.41 3.05 -3.72 5.46 5.27 15.71 -9.32 3.11 -2.75 5.59
Franklin Eqt Advantage Equity: Large & MidCap -10.71 3.04 -3.87 5.44 5.66 16.04 -9.94 3.08 -3.03 5.55
JM Equity Hybrid Hybrid: Aggressive Hybrid -9.39 3.11 -3.97 5.42 3.21 14.13 -8.49 3.15 -3.13 5.54
ABSL Midcap Equity: Mid Cap -11.95 2.98 -4.44 5.36 6.90 17.11 -11.14 3.02 -3.50 5.49
Quant Small Cap Equity: Small Cap Not rated -7.15 3.22 -4.48 5.35 1.37 12.86 Not rated -6.82 3.24 -4.20 5.39
Nippon India Retrmnt Wealth Creation Equity: Multi Cap -12.76 2.94 -4.57 5.34 - - -11.90 2.98 -3.43 5.50
Nippon India Multi Cap Equity: Multi Cap -13.33 2.91 -4.88 5.30 5.11 15.59 -12.69 2.94 -4.12 5.40
Templeton India Value Equity: Value Oriented -13.25 2.92 -4.88 5.30 4.03 14.74 -12.83 2.94 -4.38 5.37
IDFC Sterling Value Equity: Value Oriented -15.58 2.80 -5.25 5.25 5.62 16.00 -14.62 2.85 -4.13 5.40
Nippon India Equity Hybrid Hybrid: Aggressive Hybrid -13.88 2.89 -5.48 5.22 4.44 15.05 -13.06 2.92 -4.34 5.37
HSBC Small Cap Eqt Equity: Small Cap -14.36 2.86 -6.51 5.08 5.90 16.24 -13.37 2.91 -5.50 5.22
ABSL Pure Value Equity: Value Oriented -16.59 2.76 -7.49 4.96 6.93 17.14 -15.63 2.80 -6.33 5.11
Franklin Smaller Companies Equity: Small Cap -16.97 2.74 -7.63 4.94 8.62 18.73 -16.10 2.78 -6.50 5.08
Sundaram Small Cap Equity: Small Cap -15.55 2.81 -8.05 4.88 5.91 16.25 -14.80 2.84 -7.26 4.98
Nippon India Tax Saver (ELSS) Equity: ELSS -16.72 2.75 -8.27 4.86 4.42 15.04 -16.08 2.78 -7.45 4.96
ABSL Small Cap Equity: Small Cap -19.27 2.64 -9.06 4.76 5.30 15.74 -18.30 2.68 -7.90 4.90

Value Research pioneered mutual fund ratings way back in 1993 to enable
investors make the right pick. The lowest rating is one star and the highest
TOP-RATED is five stars. Ratings act as the first filter in fund selection, since they take
FUNDS
into account the return as well as risk undertaken to achieve that return.
Risk-adjusted return from a fund is the sole basis of Value Research fund
rating (detailed methodology on page 47). Below are the schemes in various
categories that have been rated five and four star.
DEBT REGULAR (83/234)

HYBRID: CONSERVATIVE HYBRID SBI Magnum Medium Duration Reg DSP Strategic Bond Reg
Baroda Conservative Hybrid Reg Edelweiss Dynamic Bond Reg
DEBT: SHORT DURATION
BNP Paribas Cons Hybrid Reg ICICI Pru All Seasons Bond Reg
Axis Short Term Reg
Canara Robeco Cons Hybrid Reg IDFC Dynamic Bond Reg
HDFC Short Term Debt Reg
Franklin Life Stage FoF 50s Plus FR Reg Kotak Dynamic Bond Reg
ICICI Pru Short Term Reg
HSBC Managed Solutions Ind Cons Reg Mirae Asset Dynamic Bond Reg
IDFC All Seasons Bond Reg
ICICI Pru Income Optimizer (FOF) Reg PGIM India Dynamic Bond Reg
IDFC Bond Short Term Reg
ICICI Pru Regular Savings Reg Quantum Dynamic Bond Reg
Kotak Bond Short-term Reg
IDFC Asset Allocation Cons Reg SBI Dynamic Bond Reg
L&T Short Term Bond Reg
Indiabulls Savings Income Reg
PGIM India Short Maturity Reg DEBT: CORPORATE BOND
Kotak Asset Allocator Reg
SBI Short Term Debt Reg ABSL Corporate Bond Reg
Kotak Debt Hybrid Reg
DSP Corporate Bond Reg
DEBT: LOW DURATION
LIC MF Debt Hybrid Reg
HDFC Corporate Bond Reg
Axis Treasury Advantage Reg
Tata Retrmnt Savings Cons Reg
ICICI Pru Corporate Bond Reg
Canara Robeco Savings Reg
HYBRID: EQUITY SAVINGS ICICI Pru Savings Reg
Kotak Corporate Bond Reg
Axis Equity Saver Reg L&T Triple Ace Bond Reg
IDFC Low Duration Reg
Edelweiss Equity Savings Reg UTI Corporate Bond Reg
Invesco India Treasury Advtg Reg
ICICI Pru Equity Savings Reg
Kotak Low Duration Reg DEBT: CREDIT RISK
Kotak Equity Savings Reg
Mahindra Manulife Low Duration Fund Axis Credit Risk Reg
Principal Equity Savings Reg
SBI Magnum Low Duration Reg HDFC Credit Risk Debt Reg
DEBT: MEDIUM TO LONG DURATION ICICI Pru Credit Risk Reg
DEBT: ULTRA SHORT TERM
ICICI Pru Bond Reg IDFC Credit Risk Reg
ABSL Savings Reg
ICICI Pru Debt Management (FOF) Reg Kotak Credit Risk Reg
BOI AXA Ultra Short Duration Reg
IDFC Bond Income Reg Mahindra Manulife Credit Risk Fund Reg
HDFC Ultra Short Term Reg
Nippon India Income Reg SBI Credit Risk Reg
ICICI Pru Ultra Short Term Reg
SBI Magnum Income Reg
IDFC Ultra Short Term Reg DEBT: BANKING AND PSU
DEBT: MEDIUM DURATION Kotak Savings Reg Axis Banking & PSU Debt Reg
Axis Strategic Bond Reg L&T Ultra Short Term Reg IDFC Banking & PSU Debt Reg
HDFC Medium Term Debt Reg PGIM India Ultra ST Reg Kotak Banking & PSU Debt Reg
ICICI Pru Medium Term Bond Reg SBI Magnum Ultra Short Duration Reg LIC MF Banking & PSU Debt Reg
IDFC Bond Medium Term Reg
DEBT: DYNAMIC BOND
Indiabulls Income Reg
Axis Dynamic Bond Reg
RATING DOWNGRADE List of funds that moved out of the five- and four-star grades in June 2020
Baroda Ultra Short Duration Reg
Funds suspended for sale have been excluded.

DEBT DIRECT (82/234)
HYBRID: CONSERVATIVE HYBRID SBI Magnum Medium Duration Dir DEBT: DYNAMIC BOND
Baroda Conservative Hybrid Dir Axis Dynamic Bond Dir
DEBT: SHORT DURATION
BNP Paribas Cons Hybrid Dir Edelweiss Dynamic Bond Dir
Axis Short Term Dir
Canara Robeco Cons Hybrid Dir ICICI Pru All Seasons Bond Dir
HDFC Short Term Debt Dir
Essel Regular Savings Dir IDFC Dynamic Bond Dir
ICICI Pru Short Term Dir
Franklin Life Stage FoF 50s Plus FR Dir Kotak Dynamic Bond Dir
IDFC All Seasons Bond Dir
HDFC Retrmnt Svngs Hybrid Debt Dir L&T Flexi Bond Dir
IDFC Bond Short Term Dir
ICICI Pru Regular Savings Dir Mirae Asset Dynamic Bond Dir
Kotak Bond Short-term Dir
IDFC Asset Allocation Cons Dir PGIM India Dynamic Bond Dir
L&T Short Term Bond Dir
Indiabulls Savings Income Dir SBI Dynamic Bond Dir
Mirae Asset Short Term Dir
Kotak Debt Hybrid Dir
SBI Short Term Debt Dir DEBT: CORPORATE BOND
LIC MF Debt Hybrid Dir
ABSL Corporate Bond Dir
DEBT: LOW DURATION
Tata Retrmnt Savings Cons Dir
ABSL Low Duration Dir DSP Corporate Bond Dir
HYBRID: EQUITY SAVINGS Axis Treasury Advantage Dir HDFC Corporate Bond Dir
Axis Equity Saver Dir ICICI Pru Corporate Bond Dir
Canara Robeco Savings Dir
Edelweiss Equity Savings Dir Kotak Corporate Bond Dir
ICICI Pru Savings Dir
ICICI Pru Equity Savings Dir UTI Corporate Bond Dir
IDFC Low Duration Dir
Kotak Equity Savings Dir
Invesco India Treasury Advtg Dir DEBT: CREDIT RISK
Principal Equity Savings Dir
Kotak Low Duration Dir Axis Credit Risk Dir
DEBT: MEDIUM TO LONG DURATION Mahindra Manulife Low Duration Fund Dir HDFC Credit Risk Debt Dir
Canara Robeco Income Dir SBI Magnum Low Duration Dir ICICI Pru Credit Risk Dir
ICICI Pru Bond Dir IDFC Credit Risk Dir
DEBT: ULTRA SHORT TERM
IDFC Bond Income Dir Kotak Credit Risk Dir
ABSL Savings Dir
Nippon India Income Dir Mahindra Manulife Credit Risk Fund Dir
Axis Ultra Short Term Dir
SBI Magnum Income Dir SBI Credit Risk Dir
BOI AXA Ultra Short Duration Dir
DEBT: MEDIUM DURATION ICICI Pru Ultra Short Term Dir DEBT: BANKING AND PSU
Axis Strategic Bond Dir IDFC Ultra Short Term Dir Axis Banking & PSU Debt Dir
HDFC Medium Term Debt Dir Indiabulls Ultra Short Term Dir IDFC Banking & PSU Debt Dir
ICICI Pru Medium Term Bond Dir Kotak Savings Dir Kotak Banking & PSU Debt Dir
IDFC Bond Medium Term Dir PGIM India Ultra ST Dir LIC MF Banking & PSU Debt Dir
Indiabulls Income Dir SBI Magnum Ultra Short Duration Dir Nippon India Banking & PSU Debt Dir
Franklin Corporate Debt Dir
Invesco India Ultra Short Term Dir

Star ratings of funds are recalculated each month with no subjective input. A
fund is rated only when there are minimum 10 funds in the category, with a
TOP-RATED minimum three-year history for equity and hybrid funds and 18-month
FUNDS
history for debt funds. In the case of equity funds, a fund’s overall rating
stems from a weighted average of two time periods – three and five years –
where available. Equity funds less than three-year old are not rated and debt
funds with less than 18-month history are also not rated.
EQUITY REGULAR (78/227)
HYBRID: AGGRESSIVE HYBRID Nippon India Index Sensex Reg DSP Midcap Reg
BNP Paribas Substantial Eqt Hybrid Reg Sundaram Select Focus Reg Invesco India Midcap Reg
Canara Robeco Eqt Hybrid Reg Tata Index Sensex Reg Kotak Emrgng Eqt Reg
DSP Equity & Bond Reg UTI Nifty Index Reg L&T Midcap Reg
HDFC Children’s Gift Reg Taurus Discovery (Midcap) Reg
EQUITY: LARGE & MIDCAP
HDFC Retrmnt Svngs Hybrid Eqt Reg
Canara Robeco Emerging Equities Reg EQUITY: SMALL CAP
ICICI Pru Equity & Debt Reg
Invesco India Growth Opp Reg Axis Small Cap Reg
Mirae Asset Hybrid Equity Reg
Kotak Equity Opportunities Reg Nippon India Small Cap Reg
Principal Hybrid Equity Reg
LIC MF Large & Midcap Reg SBI Small Cap Reg
SBI Equity Hybrid Reg
Mirae Asset Emerging Bluechip Reg
EQUITY: VALUE ORIENTED
Sundaram Equity Hybrid Reg
Principal Emerging Bluechip Reg Invesco India Contra Reg
Tata Retrmnt Svngs Moderate Reg
Sundaram Large & Midcap Reg Kotak India EQ Contra Reg
EQUITY: LARGE CAP EQUITY: MULTI CAP Tata Equity PE Reg
Axis Bluechip Reg
Axis Focused 25 Reg UTI Value Opportunities Reg
BNP Paribas Large Cap Reg
Canara Robeco Eqt Diversified Reg
EQUITY: ELSS
Canara Robeco Bluechip Eqt Reg
DSP Equity Reg ABSL Tax Relief 96 Reg
Edelweiss Large Cap Reg
Edelweiss Multi Cap Reg Axis Long Term Equity Reg
HDFC Index Nifty 50 Reg
IIFL Focused Equity Reg BOI AXA Tax Advantage Reg
HDFC Index Sensex Reg
JM Multicap Reg Canara Robeco Eqt Tax Saver Reg
HSBC Large Cap Eqt Reg
Kotak Standard Multicap Reg DSP Tax Saver Reg
ICICI Pru Bluechip Reg Parag Parikh Long Term Equity Reg Invesco India Tax Reg
ICICI Pru Nifty Next 50 Index Reg Principal Focused Multicap Reg JM Tax Gain Reg
IDBI Nifty Junior Index Reg Quant Active Reg Mirae Asset Tax Saver Reg
IDFC Nifty Reg SBI Focused Equity Reg Motilal Oswal Long Term Eqt Reg
Indiabulls Bluechip Reg SBI Magnum MultiCap Reg Quant Tax Reg
Invesco India Large Cap Reg Tata Retrmnt Svngs Progressive Reg Tata India Tax Savings Reg
JM Core 11 Reg UTI Equity Reg Taurus Tax Shield Reg
LIC MF Index Sensex Reg
EQUITY: MID CAP Taurus Tax Shield Reg
Mirae Asset Large Cap Reg
Axis Midcap Reg
Motilal Oswal Focused 25 Reg
JM Large Cap Reg Motilal Oswal Multicap 35 Reg

EQUITY DIRECT (73/227)
HYBRID: AGGRESSIVE HYBRID Invesco India Growth Opp Dir HDFC Small Cap Dir
BNP Paribas Substantial Eqt Hybrid Dir Kotak Equity Opportunities Dir Nippon India Small Cap Dir
Canara Robeco Eqt Hybrid Dir LIC MF Large & Midcap Dir SBI Small Cap Dir
DSP Equity & Bond Dir Mirae Asset Emerging Bluechip Dir
EQUITY: VALUE ORIENTED
HDFC Children’s Gift Dir Principal Emerging Bluechip Dir Invesco India Contra Dir
HDFC Retrmnt Svngs Hybrid Eqt Dir Sundaram Large & Midcap Dir Kotak India EQ Contra Dir
ICICI Pru Equity & Debt Dir
EQUITY: MULTI CAP Tata Equity PE Dir
Mirae Asset Hybrid Equity Dir
Axis Focused 25 Dir UTI Value Opportunities Dir
Principal Hybrid Equity Dir
Canara Robeco Eqt Diversified Dir
EQUITY: ELSS
SBI Equity Hybrid Dir
DSP Equity Dir ABSL Tax Relief 96 Dir
Sundaram Equity Hybrid Dir
Edelweiss Multi Cap Dir Axis Long Term Equity Dir
Tata Retrmnt Svngs Moderate Dir
IIFL Focused Equity Dir BOI AXA Tax Advantage Dir
EQUITY: LARGE CAP JM Multicap Dir Canara Robeco Eqt Tax Saver Dir
Axis Bluechip Dir Kotak Standard Multicap Dir DSP Tax Saver Dir
BNP Paribas Large Cap Dir Mahindra Manulife Multi Cap Badhat Yojana Invesco India Tax Dir
Canara Robeco Bluechip Eqt Dir Parag Parikh Long Term Equity Dir JM Tax Gain Dir
Edelweiss Large Cap Dir Principal Focused Multicap Dir Mirae Asset Tax Saver Dir
HDFC Index Sensex Dir SBI Focused Equity Dir Motilal Oswal Long Term Eqt Dir
ICICI Pru Bluechip Dir SBI Magnum MultiCap Dir Quant Tax Dir
Indiabulls Bluechip Dir Tata Retrmnt Svngs Progressive Dir Tata India Tax Savings Dir
Invesco India Large Cap Dir UTI Equity Dir Taurus Tax Shield Dir
JM Core 11 Dir
EQUITY: MID CAP
Kotak Bluechip Dir
Axis Midcap Dir
Mirae Asset Large Cap Dir
DSP Midcap Dir
Motilal Oswal Focused 25 Dir
Invesco India Midcap Dir
Nippon India Index Sensex Dir
Kotak Emrgng Eqt Dir
Sundaram Select Focus Dir
L&T Midcap Dir
Tata Index Sensex Dir
Taurus Discovery (Midcap) Dir
EQUITY: LARGE & MIDCAP

EQUITY: SMALL CAP
Canara Robeco Emerging Equities Dir
Axis Small Cap Dir
Edelweiss Midcap Dir LIC MF Large Cap Dir SBI Bluechip Dir
JM Large Cap Dir Motilal Oswal Multicap 35 Dir
mutual fund ratings are revised every month. The above ratings are as on June 30, 2020.

INTRODUCING
An Investor Education Initiative

By Kotak Mahindra Mutual Fund
www.kotakmf.com/documents/Investor-Education-Infographic
To know more about Mutual Funds, contact your financial advisor.

www.kotakmf.com | Toll free Number : +91 80488 93330 |
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
y One-time KYC (Know your customer) registration is mandatory to invest in mutual funds. You can complete the same by submitting the following at any of our branches or collection centres:
a) Duly filled and signed Central-KYC application form. b) Proof of Identity: Any document notified by the central government. c) Proof of Address: Same as identity proof (except PAN). d) Recent
Passport Size Photograph. Copies of all documents submitted must be self-attested by the applicant and accompanied by originals for verification. You may also avail Online KYC Registration
facility while opening an online account. For more Information such as details and documents for KYC registration, change of bank details and change of address or phone number. Log on to
www.kotakmf.com/investor-info. In case you are KYC verified and want to update any information, please submit a completed KYC details change form with the required self-attested documents
as proof to our nearest branch or collection centre. y If you have a complaint regarding your fund house w.r.t. your investment, you may reach out to them at their customer service contact number
or write to their respective customer service email IDs. Alternatively, you may also contact their investor relation representatives at the branch office listed on their website. Additionally to this,
you may also contact their Compliance Officer(s) for further escalation or you may also contact the Managing Director of the fund house with your grievance. You can also lodge your grievances
with SEBI at http://scores.gov.in or you may also write to any of the offices of SEBI. y For any queries, feedback or assistance, please contact SEBI Office on Toll Free Helpline at 1800 227 575
/ 1800 2667 575. y Investors should deal only with registered Mutual Funds details of which can be verified on the SEBI website under "Intermediaries/Market Infrastructure Institutions”

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HDFC Corporate Bond Fund (An open Riskometer

• Income over short to medium term

MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS,

GREAT FUNDS GREAT STOCKS

Subscription copy of [sethvkrm@gmail.com]. Redistribution prohibited.

To invest, consult your Financial Advisor

Subscription copy of [sethvkrm@gmail.com]. Redistribution prohibited.

Editor Dhirendra Kumar

4 Mutual Fund Insight August 2020

Higher Safety No Lock-In Lower Tax

Bond with Bharat

Offer Period - 14th July, 2020 - 17th July, 2020

Subscription copy of [sethvkrm@gmail.com]. Redistribution prohibited.

10 Fund Reporter 38 Category Watch

13 SIP Sahi Hai 40 Fund Analyst’s Choice

16 Inside Funds 42 Ask Value Research

6 Mutual Fund Insight August 2020

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Subscription copy of [sethvkrm@gmail.com]. Redistribution prohibited.

I’m not saying there is no case However, as far as I’m

Mutual Fund Insight August 2020 9

Inflows into equity funds -\UKTHUHNLYJOHUNL

10 Mutual Fund Insight August 2020

Subscription copy of [sethvkrm@gmail.com]. Redistribution prohibited.

SIPs for the middle-aged

Mutual Fund Insight August 2020 13

6,000 500 Large caps ` cr

800 42,000 Small caps

16 Mutual Fund Insight August 2020

Mutual Fund Insight August 2020 17

The call of duty

WHILE INVESTING IN MUTUAL FUNDS

WHILE HOLDING YOUR MUTUAL FUND INVESTMENTS

ON REDEEMING MUTUAL FUND INVESTMENTS

18 Mutual Fund Insight August 2020

WHILE HOLDING YOUR MUTUAL FUND INVESTMENTS

Tax on dividends Added to income and taxed as per the slab

ON REDEEMING MUTUAL FUND INVESTMENTS

Mutual Fund Insight August 2020 19

Series 2: What’s in it for you?

20 Mutual Fund Insight August 2020

Mutual Fund Insight August 2020 21

Averting the loss

Sector weights as Fund managers Investment strategy

Worked Failed Top bets New entrants

64.5 -61.0 5.7 1.0

62.9 -49.2 4.5 1.0

61.4 -44.5 3.2 1.01

58.2 -43.4 3.1 0.7

22 Mutual Fund Insight August 2020

‘Markets are recovering on the

Mutual Fund Insight August 2020 23

‘Markets seem to have lost the

Mutual Fund Insight August 2020 25

26 Mutual Fund Insight August 2020

Mutual Fund Insight August 2020 27

Not much surplus? Here’s how

OPT FOR THE OLD TAX STRUCTURE .H\YH]»Z[H_JVTW\[H[PVU

28 Mutual Fund Insight August 2020

DO NOT COMPROMISE ON BUYING

Mutual Fund Insight August 2020 29

30 Mutual Fund Insight August 2020

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Inflows into equity funds -\UKTHUHNLYJOHUNL

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