Mutual Fund Insight Sep 2020

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A Portfolio of Quality
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The Fund aims to maintain a higher credit quality portfolio by focusing on in-depth
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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
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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
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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
6(37(0%(5
Volume XVII, Number 12
Editorial 24 Cover Story

Principles
Value Research is an
independent investment
How to crash-proof
research company. Our goal is
to serve our readers with data,
information and knowledge
your investments
that inform them about
savings and investments and
The crash in March has highlighted
help them learn how to make the need for a systematic
better choices. withdrawal plan. We assess how
The basis of our work is the
trust reposed in us by our effective this option is.
readers. We are independent,
fair and honest. We are
committed to achieving the
highest level of accuracy and
impartiality in everything that 29 Cover Story
we publish.
We recognise that the
nature of our work is such
All you need to know about
that it influences decisions
that affect our readers’ future.
Corona Kavach and Corona Rakshak
We strive to bear this
responsibility with humility.
We recognise that while it is
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,
Ashutosh Gupta, Debjani Chattopadhyay,
Deepika Saxena, Omkar Vasudev Bhat, Sandeep
P, Shivani Gola, Sneha Suri, and Vibhu Vats
Design Mukul Ojha
Production Hira Lal
18 Spotlight
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© 2020 Value Research India Pvt. Ltd. Mutual Fund Insight is owned by Value Research India Pvt. Ltd., 5, Commercial Complex, Chitra Vihar, Delhi 110092.
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4 Mutual Fund Insight September 2020

9 First Page
DHIRENDRA KUMAR
The power of
simple ideas
10 Fund Reporter 48 The Plan

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The contents of Mutual Fund Insight published by Value Research India Private Limited (the “Magazine”) are not intended to serve as professional advice or guidance and the Magazine takes no
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FIRST PAGE
The power of simple ideas
well and are deservedly popular. our team conducted on the

When markets turn volatile, ad hoc benefits that can be expected from
lump-sum investments decline different ways of exiting a long-
sharply but SIPs go down much term SIP investment. We tested a
less. There are two reasons for this. lump-sum redemption as well as
One, as SIPs continue, investors get SIP+SWP investment methods,
proof of their utility. Two, a whereby one invests for many
psychological reason: simply, years through an SIP and then
inertia. In a lump-sum investment, redeems gradually through an
you have to make an effort to SWP. It’s a complex study, where
S IP is a very simple idea.

Basically, instead of
investing at one go, just
keep investing regularly. If you do
that, you will get a better average
invest. In a running SIP, you have
to make an effort to stop investing!
This makes all the difference.
Logically, SWPs should be just
as popular as SIPs. They are
we simulated different time
periods over many years. The
safety effect of withdrawing
through SWP is always quite clear.
The most interesting and the
price because you will avoid certainly just as useful, if not more most educational part of the
investing all your money at high so. The ultimate goal of investing results that our team got is that
NAVs. That’s it. is to make good returns and then safety and conservatism are an
SWP, the opposite of SIP, is also redeem them and use the money. opposing force to the aggressive
a simple idea – just as simple. The job is not done till the money chasing of returns. Just like SIPs,
Basically, instead of redeeming at is redeemed and back in your bank SWPs do not unequivocally
one go, just redeem regularly for a account and ready to be spent on improve your returns. When you
certain period. If you do that, you whatever you want to spend it on. do a retrospective study, there are
will get a better average price That part of the cycle is done best many examples where a lump-sum
because you will avoid redeeming by using SWPs. redemption is better than an SWP
your money at low NAVs. That’s it. And yet SWPs are relatively redemption! However, the goal of
I didn’t have to do any verbal unknown. One reason is simply an SWP redemption is not to
gymnastics to write the two investor awareness. SWPs are improve the average, but to
descriptions above as the exact known, if at all, as a way of eliminate the worst. It’s a safety
complements of each other. It making regular withdrawals from technique, like driving within a
happened naturally because that’s an investment for the purpose of speed limit. If you drive fast, you’ll
the reality. SIPs and SWPs match spending regularly – basically, as a often reach your destination
perfectly, one for making way driving regular income. This quicker but sometimes you may
investments and the other for is an entirely different use of SWPs not reach at all. SWP redemption
redeeming investments. and a very good one. In most is intended to eliminate that risk.
And yet the puzzle is that SIPs situations, for taxation and other This is why we have done a
are far more popular than SWPs. reasons, SWPs are a better way of detailed study. Look at the results
Over the last decade or so, SIPs deriving income from funds than and study the implications. If you
have taken over the mutual fund investing in dividend plans and like to invest dangerously, go ahead
investment landscape. Crores of that’s something I have written and ignore it.
mutual fund investors use it and if about separately.
industry investment data is any However, this month’s cover Dhirendra Kumar
indication, SIPs do their job very story is entirely about a study that Editor
Mutual Fund Insight September 2020 9

FUND REPORTER
-\UKTHUHNLYJOHUNL
Schemes Existing Î New Schemes Existing Î New Schemes Existing Î New
Aditya Birla Sun Life Banking & PSU Debt Fund HDFC Equity Savings Fund Krishan Kumar Daga, S Krishnakumar Î Rohit Seksaria, Ratish B
Maneesh Dangi & Kaustubh Gupta Î Kaustubh Vinay R Kulkarni & Anil Bamboli Î Krishan Kumar Varrier & Dwijendra Srivastava
Gupta & Pranay Sinha Daga, Vinay R Kulkarni, Anil Bamboli & Gopal
Sundaram Long Term Tax Advantage Series III-IV
Agrawal
Aditya Birla Sun Life Credit Risk Fund Maneesh Rohit Seksaria, Dwijendra Srivastava & S Krishnakumar
Dangi & Sunaina Da Cunha Î Sunaina Da Cunha HDFC Focused 30 Fund Vinay R Kulkarni Î Vinay Î Rohit Seksaria, Ratish B Varrier &
& Mohit Sharma R Kulkarni & Gopal Agrawal Dwijendra Srivastava
Aditya Birla Sun Life Dynamic Bond Fund Maneesh HDFC Growth Opportunities Fund Vinay R Kulkarni Î Sundaram Microcap Series VIII-IX-X-XV-XVI-XVII
Dangi & Pranay Sinha Î Pranay Sinha & Bhupesh Vinay R Kulkarni & Gopal Agrawal Rohit Seksaria, Dwijendra Srivastava & S Krishnakumar
Bameta Î Rohit Seksaria, Ratish B Varrier &
Sundaram Diversified Equity S Krishnakumar Î
Dwijendra Srivastava
Aditya Birla Sun Life Floating Rate Fund Kaustubh Bharath S, Krishnakumar S & Dwijendra
Gupta Î Kaustubh Gupta & Pranay Sinha Srivastava Sundaram Multi Cap Series I-II Rohit Seksaria,
Dwijendra Srivastava & S Krishnakumar Î
Aditya Birla Sun Life Government Securities Fund Sundaram Emerging Small Cap Series I-II-III-IV-V-
Krishnakumar S, Bharath S & Dwijendra
Pranay Sinha Î Pranay Sinha & Bhupesh VI-VII Rohit Seksaria, Dwijendra Srivastava & S
Srivastava
Bameta Krishnakumar Î Rohit Seksaria, Ratish B
Varrier & Dwijendra Srivastava Sundaram Rural and Consumption S Bharath & S
Aditya Birla Sun Life Income Fund Pranay Sinha Î
Krishnakumar Î Krishnakumar S, Bharath S &
Pranay Sinha & Bhupesh Bameta Sundaram Equity Savings Fund Dwijendra
Rohit Seksaria
Srivastava, S Bharath & S Krishnakumar Î Bharath
Aditya Birla Sun Life Medium Term Plan Maneesh
S, Rohit Seksaria & Dwijendra Srivastava Sundaram Small Cap S Krishnakumar Î Ratish B
Dangi & Sunaina Da Cunha Î Sunaina Da Cunha
Varrier & Krishnakumar S
& Mohit Sharma Sundaram Financial Services Opportunities Fund
Rahul Baijal & S Krishnakumar Î Rahul Baijal, Sundaram Smart NIFTY 100 Equal Weight Fund S
Aditya Birla Sun Life Short Term Fund Maneesh
Ratish B Varrier & Dwijendra Srivastava Bharath Î Bharath S & Rohit Seksaria
Dangi & Kaustubh Gupta Î Kaustubh Gupta &
Mohit Sharma Sundaram Global Brand Fund Rohit Seksaria & S
Krishnakumar Î Rohit Seksaria & Ratish B
Canara Robeco Dual Advantage Fund - Series 1
Varrier
Cheenu Gupta & Suman Prasad Î Sanjay
Bembalkar & Suman Prasad Sundaram Infrastructure Advantage Fund S Bharath Aashish Somaiyya quits
Canara Robeco Infrastructure Shridatta Bhandwaldar
& S Krishnakumar Î Ratish B Varrier, Bharath S Motilal Oswal AMC
& Dwijendra Srivastava Aashish Somaiyaa, MD &
& Miyush Gandhi Î Cheenu Gupta & Shridatta
Bhandwaldar Sundaram Long Term Micro Cap Tax Advantage CEO of Motilal Oswal AMC,
Fund III-IV-V-VI Rohit Seksaria, Dwijendra Srivastava & has left the fund house. His
place has been taken by
Navin Agarwal, MD, Motilal
3VHKJOHUNL Oswal Financial Services.
Scheme Date New load
Motilal Oswal: Nifty 50 Index Fund, Nifty 500 Aug 07, 2020 1% for redemption within 15 days Debt funds told to disclose
Fund, Nifty Bank Index Fund, Nifty Midcap portfolios every 15 days
150 Index Fund, Nifty Next 50 Index Fund, SEBI has told AMCs to dis-
Nifty Smallcap 250 Index Fund, S&P 500
close the portfolios of their
Index Fund
debt funds every 15 days in
Nippon India Floating Rate Fund Jul 30, 2020 Nil
place of 30 days earlier.
PGIM India: Arbitrage Fund, Diversified Equity Jul 20, 2020 Nil They will also have to dis-
Fund, Large Cap Fund close the yields of their
PGIM India: Global Equity Opportunities Fund, Jul 20, 2020 1% for redemption within 30 days underlying instruments
Midcap Opportunities fortnightly. These measures
Quant: Absolute Fund, Focused Fund, Large Jul 20, 2020 Nil are aimed at increasing
and Mid Cap Fund transparency in debt funds.
Tata: Banking and Financial Services Fund, Jul 20, 2020 For units in excess of 12% of the They will come into effect
Digital India Fund, Ethical Fund, Focused investment,1% will be charged for on October 1, 2020.
Equity Fund, India Consumer Fund, India redemption within 365 days
Pharma & HealthCare Fund, Infrastructure
Fund, Quant Fund, Resources & Energy Fund

FUND RADAR
A solid move
From 30th June, your liquid funds are poised for better liquidity management,
with a slight dent in the return profile, and higher short-term volatility
O
n 30th June, new regulations for liquid funds Mark-to-market valuation
came into effect. These include holding a SEBI has progressively moved to mark-to-market
minimum of 20 per cent of net assets in liquid valuation norms. In February 2010, it had limited the
securities, such as cash, government securities, repo on applicability of amortisation-based valuation method to
government securities and T-bills, and dispensing with only securities with a residual maturity of up to 91
the amortisation-based valuation in favour of mark-to- days. This duration was decreased to 60 days in
market valuation of the portfolio. Let’s take a look at February 2012 and then to 30 days in early 2019.
how these regulations will impact your liquid funds. Now, it has been done away with even for securities
of up to 30-day maturity. Therefore, these securities will
Higher liquid assets now be valued at the average of prices obtained from
Liquid funds used to hold around 10 per cent of their valuation agencies. These securities make up over 40
AUM in cash, treasury bills and government securities. per cent of the portfolios of liquid funds on an average.
But due to the default by IL&FS, a AAA rated issuer, and So, there may be a bump in the volatility on a day-to-
the aftereffects of this episode, SEBI felt the need to day basis. But the actual impact on your returns will
strengthen the risk-management framework of depend upon your investment horizon. “If the
these funds from a liquidity standpoint. tenure of your investment is much lower
Hence, it mandated liquid funds to than the average maturity of the fund,
increase their investments in liquid you are subjected to the vagaries of the
assets to at least 20 per cent of their market. On the other hand, if it is
AUM. What about the returns close to or greater than the average
profile of liquid funds now? maturity of the portfolio, the impact
To assess the impact on returns, will be muted. So, the mark-to-
we compared the yields on three- market impact for you reduces
month treasury bills (T-bills) with progressively as your holding
those on certificate of deposits period increases,” says Kedar Karnik,
(CDs) of a similar duration issued by Fund Manager, DSP Mutual Fund.
banks. Being the next-most liquid Moreover, moving completely to the
asset, CDs are the likeliest to get mark-to-market valuation method
substituted by T-bills in liquid-fund ensures that all investors – the ones exiting,
portfolios in order to comply with the new entering and who remain invested – get a fair deal.
regulation. So effectively, liquid funds give up on the That’s because the NAVs will reflect the market-linked
yield on CDs (for about 10 per cent of the AUM) for the valuation of the entire portfolio at all times.
yield on T-bills. The spreads between these two keep In sum, if you are investing for just a week or two,
fluctuating. In fact, they have come down to zero in the these regulations may make liquid funds less attractive.
recent weeks. But these are unprecedented times with “You have an exit load for investments in liquid funds of
massive central-bank interventions. So, excluding these up to seven days. Now there is a stamp duty applicable
last few months, the spreads between bank CDs and as well. But as your investment horizon increases, it
T-bills have broadly trended in the range of 20–50 basis reduces the negative impact of each of these variables
points in the preceding one year. That translates into a on realised returns – the market variability, stamp duty
dent of just about 2–5 basis points to the returns of and exit load. Therefore, I believe that if you have to
liquid funds. Not much! So, purely because of this new park your money for less than two-three weeks, it is
regulation, there may not be a meaningful impact on better to do so in an overnight fund purely from a risk–
the returns of your liquid funds. reward perspective,” says Kedar.

Working in right
combination bears
fruit.
Presenting a portfolio with right
combination of Large & Mid Cap stocks
Presenting
Baroda
Large & Mid Cap Fund
An open-ended equity scheme investing in
both large cap and mid cap stocks
New Fund Offer Opens on: Aug 17, 2020 & Closes on: Aug 31, 2020
Investing in large-cap stocks provide stability while mid-cap stocks offer opportunities of high growth. A large & mid cap
fund offers an optimal mix of both and it being part of the core investment portfolio may be beneficial. The flexibility to
invest across market cap & sectors makes it an ideal fund to ride all economic and sectoral cycles. Invest now!
7RNQRZPRUHFRQWDFW\RXUILQDQFLDODGYLVRURUYLVLWZZZEDURGDPIFRP
Riskometer
y erate Mo
tel Mod de This product is suitable for investors
dera w Hig ratel
Mo Lo who are seeking :
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h y
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y Investment predominantly in equity &
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will be at Moderately High risk midcap stocks
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,QYHVWRUVVKRXOGFRQVXOWWKHLUÀQDQFLDODGYLVHUVLILQGRXEWDERXWZKHWKHUWKHSURGXFWLVVXLWDEOHIRUWKHP *The Bank of Baroda logo belongs to Bank of Baroda and is used under license.
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
FUND RADAR
The Franklin saga

A series of events have happened since Franklin Templeton wound up six of
its debt schemes in April. Here is the timeline.
2 4 6
1 3 5
APR MAY
23 Franklin Templeton Mutual Fund (FT)
20 FT Trustees said to have appointed Kotak Mahindra Bank to
announced the voluntary assist in the monetisation of the assets in the six schemes being wound up.
wind-up of six schemes: Low To facilitate an exit route for investors, SEBI put out a notice
Duration Fund (borrowings of 8 per cent),
enabling schemes that are winding up to list their units on the stock exchange. The
Ultra Short Bond Fund (6 per cent), Short
move came in the wake of FT’s 23rd April decision.
Term Income Plan (28 per cent), Credit Risk
Fund (16 per cent), Dynamic Accrual Fund FT informed that Essel Infraprojects defaulted on payments
(1 per cent) and Income Opportunities Fund 22 to four of its shutdown schemes: Dynamic Accrual Fund, Credit Risk Fund, Short Term
(26 per cent). These funds had AUM of over Income Plan and Low Duration Fund. There was no impact on the NAVs as the value
`25,000 crore. of the shares held as collateral was greater than the current valuation of bonds.
The funds of funds which held the shutdown The trustees released notices on e-voting and unitholder’s meet.
24 funds as the underlying wrote down about Unitholders were provided a three-day window, from 9th June to 11th June to
50 per cent of the respective participate in e-voting, while the unitholder meet was to happen on 12th June.
exposures, leading to massive one-day hit
on their NAVs. These were Life Stage FoF Various investors filed writ petitions in Chennai, Delhi, Ahmedabad
50s Plus, Multi Asset Solution, Life Stage 28 High Courts and in the Supreme Court against FT’s winding-up decision.
FoF 40s, Dynamic Asset Allocation FoF, Life Ultra Short Bond Fund and Dynamic Accrual Fund turned cash positive
Stage FoF 30s and Life Stage FoF 20s. after repaying their outstanding borrowings.
FT allowed moratorium to By May-end, borrowing levels in the other funds
29 NCDs of three Future Group companies: continued to decline. Low Duration Fund, Credit Risk Fund, Short Term
Rivaaz Trade Ventures, Nufuture Digital Income Plan and Income Opportunities Fund had outstanding borrowings of 11, 11,
(India) and Future Ideas. 33 and 39 per cent of their AUM, respectively.

JUN JUL
SEBI ordered a special audit into the FT case The Karnataka High Court considered the matters related to
DQGKLUHGDIRUHQVLFDXGLWÀUPDQGDFKDUWHUHGDFFRXQWDQWWR 8 the winding-up of six debt schemes and issued notices to the parties
inspect the dealings of the six schemes. FRQFHUQHG7KHSDUWLHVZHUHGLUHFWHGWRÀOHFRXQWHUDIÀGDYLWDQG
responses, if any, by July 22, 2020 and July 29, 2020, respectively. The
Gujarat High Court issued a stay order
3 RQWKHXSFRPLQJHYRWLQJ,QUHVSRQVHRQWK-XQH)7ÀOHGD
next hearing was scheduled for 15th July.
petition to vacate the stay. The affected funds received the principal and the
The Gujarat High Court stayed FT’s e-voting and
10 remaining interest payment of `1252.88 crore for the security ‘8.25%
Vodafone Idea Ltd. (10-July-2020)’ held in the segregated portfolios.
8 unitholders’ meet till forensic audit report was out. )XOODQGÀQDOSD\PHQWZDVPDGHWRLQYHVWRUV
Further, the next hearing was scheduled on 12th June. Thus, the
fund house temporarily suspended the e-voting process, where The Karnataka High Court rescheduled the hearing of the
investors were to authorise the entire distribution process. FT cases to 7th August.
)7ÀOHGDspecial leave petition before the In a letter to investors, FT refuted reports circulating on
Supreme Court against the Gujarat High Court. 13 WhatsApp and other platforms that investors could face a loss of over
`20,000 crore in the schemes being wound up.
The affected funds received interest
12 payments of `102.71 crore for the period June 12, 2019 FT informed investors that two debt schemes faced default
to June 11, 2020 for the security ‘8.25% Vodafone Idea Ltd.
23 IURP5HOLDQFH%URDGFDVW1HWZRUNDQ$'$*ÀUPDIWHUWKHLVVXHUZDV
(10-July-2020)’ held in the segregated portfolios of the six unable to meet payment obligation due on its NCDs. One of the schemes
schemes. was Short Term Income Plan. The fund house is in the process of
initiating an appropriate enforcement action to recover dues.
SEBI filed a Letter Patent Appeal (LPA) in the
16 Gujarat High Court against the decision to stay the e-voting
29
Brickworks downgraded 1&'VRIWKUHHIXWXUHJURXSÀUPV
process. Two of these – Nufuture Digital (India) and Future Ideas – defaulted
on payments. Rivaaz Trade Ventures, however, made payments of its
The Supreme Court considered the special leave dues on 31st July. On 31st July, the NAVs of Income Opportunities Fund,
19 petition filed by FT and directed transfer of all Credit Risk Fund, Short Term Income Plan and Dynamic Accrual Fund fell
pending cases to the Karnataka High Court and gave a three- by 4.9, 2.3, 1.7 and 1.3 per cent, respectively.
month deadline. With all cases transferred to Karnataka High Based on the July-end portfolio, FT communicated, the six closed
Court, all pending litigations were to be heard there including, schemes had received a total of `4,280 crore from maturities, pre-
SEBI’s LPA. payments and coupon payments since the announcement of their
In an update to investors, FT said Reliance Big closure in April. `1,005 crore was received in July alone.
23 Entertainment (already rated default grade) had Out of the six FT schemes, Low Duration Fund, Credit
defaulted on its obligations on 14th June. Five of the six Risk Fund, Short Term Income Plan and Income Opportunities Fund had
impacted schemes had investments in these bonds. Share 1, 4, 26 and 38 per cent borrowings, respectively.
collateral was adequate to cover the current valuation of bonds.
Based on the portfolio released, FT communicated that the
six schemes had received `3,275 crore from maturities,
pre-payments, and coupon payments from 24th April to 30th
June.
As of 30th June, Ultra Short Bond Fund had 13 per cent
AUG
and Dynamic Accrual Fund had 4 per cent of their
respective AUMs available to distribute to unitholders subject ,QLWVDIÀGDYLW)7UHSRUWHGO\VDLGWKDWDFFRUGLQJWR6(%,duration
to a successful unitholder vote post legal clearances. norms are to be met at the portfolio level and other AMCs also
do so. Further, it mentioned that it labelled some funds as moderate-
Borrowing levels in Low Duration Fund, Credit Risk Fund, Short
risk, even when other AMCs labelled the same funds as low-risk. Also, it
Term Income Plan and Income Opportunities Fund stood said that the issuers it invested in were stable, with good credit history,
at 7, 9, 29 and 37 per cent of their AUM, at the time of investment.
respectively.
In its 6th August hearing, as requested by the petitioners, the Karnataka
A few funds witnessed a small blip in NAV. FT informed High Court granted time till 10th August WRÀOH
30 investors that this was the result of a maturity date reset for the responses. Further, reportedly, daily hearings would commence from
securities of Edelweiss Rural & Corporate Services Ltd.
12th August.

INSIDE FUNDS
Funds in action
Across funds, portfolios tell you a lot about sectors and companies
Funds’ favourite IT stocks
The IT sector has shown resilience during the ongoing economic Move to IT
crisis. Here are top five IT stocks by fund investments. The outbreak of the pandemic saw the
share of IT stocks in funds’ equity assets
go up dramatically, possibly as funds
Exposure (` cr) No. of funds shifted to defensives.
Infosys 43,274 439
% of funds’ total equity assets
TCS 19,753 317 8.6
8.4
HCL Tech 8,932 250
8.2
8
Tech Mahindra 4,269 199
7.8
Wipro 2,598 113 7.6

7.4
7.2
Data as of June 2020 7
6.8
6.6
Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20
Frankly, it’s worrying

Since January 2020, Franklin Templeton’s equity, debt and hybrid funds have been losing assets. In April, the
closure of six of its debt schemes further dented the sentiment.
Net flows in ` cr
z Equity z Debt z Hybrid
4,000
2,000
-2,000
-4,000
-6,000
-8,000
Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20

Funds’ sectoral bets Most Favourite
Since March 2020, the FMCG sector has emerged as funds’ third favourite, Second
given its least vulnerability to an economic slowdown. Third
Sector 30-06-2019 30-09-2019 31-12-2019 31-03-2020 30-06-2020 Least preferred
Automobile 5.04 4.59 4.97 4.23 5.23
Chemicals 5.29 6.02 5.85 6.58 6.56
Communication 2.30 2.26 2.51 3.65 4.48
Cons Durable 3.49 3.66 3.44 3.64 3.15
Construction 10.02 9.45 8.67 7.65 7.70
Diversified 1.69 1.53 1.33 1.27 1.27
Energy 8.96 9.65 9.63 10.37 10.83
Engineering 5.98 5.85 5.20 5.42 5.33
Financial 26.12 26.13 27.43 22.51 20.27
FMCG 7.76 8.31 7.53 9.38 9.09
Healthcare 5.02 4.96 5.48 7.76 8.52
Metals 3.61 3.26 3.57 3.17 3.51
Services 5.59 5.58 5.80 5.51 4.89
Technology 7.28 7.01 6.84 7.20 7.59
Textiles 1.84 1.73 1.75 1.65 1.60
Based on data for 234 funds
Cutting the risk

Over the last one year, short-duration funds have cut their exposure to lower-rated paper amid looming
difficulties for debt funds and a tough economic scenario post the outbreak of the pandemic.
z AAA / P1+ z Cash z SOV z AA & Below In %
100
90
80
70
60
50
40
30
20
10
0
Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20

SPOTLIGHT Siddharth Bothra Sr. Vice President - Fund Manager, Motilal Oswal Mutual Fund
‘The market may be running

ahead of fundamentals’
A
fter the crash of March hit investors like a bolt from the
blue, the swift recovery in the last two months has again
confused them. After all, the number of infections is rising
faster now and the vaccine may still be many months away.
We speak to Siddharth Bothra of Motilal Oswal Mutual Fund
about whether the recent rally is justified in light of the recent quarterly
results. His funds have performed well over the last year, so we check
with him the reason for that. He also throws light on the new Motilal
Oswal Multi Asset Fund.
Both your large-cap and aggressive hybrid funds have handled the
crisis rather well. In fact, looking at their one-year returns, one hardly
sees any impact of the pandemic. What has worked so well for you?
The credit for the relatively insulated performance of both our funds
would go to our QGLP (Quality, Growth, Longevity and Price) investment
philosophy. The objective of our philosophy is to create long-term
wealth for our investors. For anyone with a mandate to invest
and build wealth for the long term, they need to have an
effective strategy for dealing with possible drawdowns and
downsides due to the many black-swan and other risks that
one will invariably encounter during this phase. Hence, at
the heart of our philosophy is capital protection by focus-
ing on adequate ‘margin of safety’.
As such, while evaluating any bottom-up invest-
ment opportunity, our first focus is on ensuring cap-
ital protection and then on evaluating the poten-
tial risk-adjusted returns. We also have a
broader and holistic view on what attributes
actually constitute margin of safety. While
determining margin of safety, the key
attributes we ascribe weightages and
importance are: (1) quality of business
and management (to ensure that the com-
pany survives over the long term), (2) lon-
gevity of growth (unless we have longevity
of growth, value creation cannot happen)
and (3) a reasonable price (buying at price
lower than the intrinsic value and not some low
quantitative number alone). What also helped our funds
withstand the current crisis better is that almost 65 per
cent of our portfolio by weight comprises companies
engaged in essential goods and services businesses, which

have been relatively insulated even in this environment. high solvency risk. Hence, in the current period, we are
wary of companies or sectors which have high leverage,
As we speak, the first quarter results of many high operating fixed costs or poor balance sheets. We
companies are out, providing a glimpse of the level of remain relatively more bullish on (1) plays which do not
business impact of the crisis. Are the results broadly need or are relatively much less dependent on macro
in line with what you had expected or is India Inc. tailwinds for their performance, (2) companies engaged
doing better than your expectation? Do they justify the in essential goods or services businesses and (3) good
sharp market rally in the last two-three months? long-term economy recovery plays without high opera-
The first quarter of FY21 was truly an exceptional period tional or solvency risks.
worldwide. Hence, one needs to be careful of how much It is difficult to forecast economy or market moves
importance one ascribes to this result season or how one even in normal times. Given the unprecedented environ-
extrapolates it. Having said that, we already have about ment we are in, I would assume probability of predicting
90 per cent of Nifty weight companies report earnings such outcomes are even lower now. Our style of investing
and there are some trends which are clearly visible. is different and is highly bottom-up. In that regard, we
While there has been some disappointment on the net feel even in this crisis environment, we continue to find
sales front, overall operating profit and net prof- some very interesting exceptions and insulated
it have beaten estimates and been a posi- plays for long-term wealth creation.
tive surprise. The strong cost control “While
has therefore been the defining
there has been You like to build high-conviction
theme of this result season. We portfolios of under 25 large cap
have also witnessed more some disappointment on stocks. How do you narrow
upgrades then downgrades as the net sales front, overall down to the ones you’d like
possibly analysts came up to hold in a limited, well-
with their worst-case esti-
operating profit and net profit tracked universe of large
mates for this quarter. have beaten estimates and been caps?
The current market a positive surprise. The strong Due to our investment philos-
up-move has to be seen in the ophy and obsession with
context of its fall from March. cost control has therefore focusing on quality of business
What we witnessed in March been the defining theme and management as the true
was a sharp event-led correction. ‘margin of safety’ attribute, the
The characteristics of such correc-
of this result effective investment universe we
tions is that they are sharp and fast, season.” focus on is much smaller. Our invest-
but post that the markets start to recover ment approach is not to ‘mine and shift
as the event risk abates. So, we typically have through sand to find specks of gold’ but rather
three stages here: first is complete disbelief in upturn, to ‘find nuggets of gold, hiding in plain sight’.
second is high scepticism for the recovery and lastly com- Consequently, we remain focused on identifying plays
plete euphoria. We seem to be now in the third stage as which have attributes to compound and generate long-
market optimism in a way suggests that the event risk is term wealth. Fortunately, such plays are very limited,
behind. Herein, perhaps lies the key risk as the event risk which makes the search task relatively easier.
is still playing out in India and worldwide. While we may
now have more visibility on solutions, they are still at the How much of a role do benchmark allocations at
hope stage. Hence, my sense is that currently the market stock or sector level play in your portfolio?
may be running ahead of fundamentals. We are an active and bottom-up investing house. Most of
our funds are 50–80 per cent away from their respective
Which sectors or market segments are you benchmarks. As such, our investing style is benchmark-
consciously avoiding because of the unfolding and sector-agnostic.
impact of the pandemic and which ones are you
particularly bullish upon? What’s your view on the Your growth style of investing, coupled with high-
economic recovery? By when do you expect things to conviction bets, translate into a fairly pricey portfolio.
be back on track? For instance, the P/E ratio of your large-cap fund has
We generally avoid sectors or companies which have a barely dropped below 30 in the last three years,

SPOTLIGHT
making it one of the more premium priced ones in its We have a conservative approach in debt and prefer
category. How comfortable are you with this, more to stay at the shorter end of the curve up to five years
so given that we are likely to be in a low-growth residual maturity for sovereign papers and up to 2.5
environment? years maturity profile for corporate debt (PSU and pri-
The P/E of a company is a function of growth, longevity vate). SEBI limits for issuer-level exposure for mutual
of growth, ROE, reinvestment and cost of capital. Hence, funds is 10 per cent for corporate debts (CD/CP/NCD)
one needs to look at a company’s P/E with respect to its but we have further limited ourselves to 5 per cent issu-
attributes in order to determine if it is high or low. One er-level exposure in the same. Sovereign debt (G-sec/
should not form a view on the basis of some absolute SDL/T-bills) doesn’t have any limits by SEBI. We will not
number alone. We look to buy companies with a suffi- invest anything below AAA and AA+ (long term) and
cient margin of safety and at a reasonable price. In this A1+ (short term).
regard, given the attributes of our portfolio holdings, we
remain comfortable with our portfolio valuations. Tell us about your new Motilal Oswal Multi Asset
Fund. How is it going to be managed? What kind of
There are stocks in your portfolio which you’ve held asset allocation do we expect across domestic
since long but there are quite a few others in equity, international equity, debt and gold in a
which your holding period has been of steady state?
barely a few months. What are your “Our Motilal Oswal Multi Asset Fund has been
triggers for entry and exit in such launched with an aim to help conserva-
instances? investment tive investors survive the tough con-
As a house we believe in the ‘Buy approach is not to ditions of equity markets and lack-
Right, Sit Tight’ philosophy. Hence, lustre interest rates in fixed-income
we try and minimise our company
‘mine and shift through markets. It promises to do this with
churn and overall portfolio turn- sand to find specks of the help of a diversified basket of
over. Our portfolio turnover is sig- gold’ but rather to ‘find four asset classes.
nificantly lower than the industry z Indian equities: Through a portfo-
average. Nevertheless, we still have nuggets of gold, hiding lio of large-cap stocks selected based
some churn in the portfolio. What in plain sight’.” on the proven Q-G-L-P philosophy.
determines the exit of a stock for us are z Debt and money-market instruments:
as follows: (1) change in the long-term Through a high-quality AAA portfolio with
investment thesis or assumptions from the a three- to five-year average maturity, heavy on
initial ones at the time of purchase, (2) issues G-secs and SDLs (state development loans).
around management quality/capital-allocation decisions, z International equities: Through an allocation to the
(3) better switch opportunities within our watchlist and units of Motilal Oswal S&P 500 Index Fund
(4) booking profits if the thesis has played out. z Gold: Through units of a gold ETF
In Motilal Oswal Multi Asset Fund, equity, equity-re-
You follow the same high-conviction strategy for your lated instruments and international equity index funds/
aggressive hybrid fund as well. How does it fit in there, equity ETFs will have a 10–50 per cent allocation; debt/
given that it is meant for a more conservative equity money-market instruments will have 40–80 per cent
investor? Also tell us about the guidelines the fund allocation; and gold ETFs will have 10–20 per cent allo-
follows for managing the debt portion in terms of cation. The fund will follow a rule-based rebalancing
issuer-level exposures, credit quality and duration? model to allocate assets between domestic equity and
We do not see running a high-conviction portfolio as a debt/money-market instruments through a proprietary
risk. We believe excessive diversification leads to a loss Motilal Oswal Valuation Index.
of focus and actually increases risks. We manage our
portfolio in what we believe is the conservative way, Who is it more suitable for versus your other hybrid
with an eye on capital protection and then on achieving fund?
balanced risk-adjusted returns. Hence, we see no contra- We feel our Motilal Oswal Multi Asset Fund is more
diction in having the same approach for our large-cap aimed at investors looking for asset diversification and
focused fund and our hybrid aggressive fund. more stable returns.

SIP SAHI HAI
An Investor Education Initiative
SIPs for young earners

Young earners can benefit most from SIPs and compounding as they have more
time in hand to achieve their goals
Y
outh is known not just for its energy but also buying a vehicle; a medium-term goal could be a
for the freedom it brings, especially in financial vacation; and a long-term goal could be your
terms. As one becomes financially independent, retirement or children’s education and wedding.
it appears that a new world opens up. All those things Estimate the amounts required for these various goals.
that you had wished to own suddenly come within Then use some online financial calculator or seek a
reach. And of course, there is no dearth of avenues to financial advisor’s help to figure out the monthly
spend. From that latest smartphone to the car of your contributions required.
dreams, from eating out at the best places to travelling Mutual funds are especially useful for the young
to exotic locations – everything seems to be beckoning savers. That’s because of their ease of investing,
just you. Little surprise that many young earners end transparency and efficacy. There are a variety of
up with credit-card debt, an expensive lifestyle and mutual funds available. For short- to medium-term
little or no savings. goals, choose from debt funds. For long-term goals, one
This doesn’t have to be so. While it’s okay to enjoy can invest in equity funds through SIPs. While equity
your present, it’s imperative to also plan for the future. tends to be volatile in the short term, over the long
Young age is the best time to start saving and investing. term, it has the history of giving inflation-beating
You have limited responsibilities and hence can save returns and creating wealth.
more. You also have many years in front of you to When you start investing in equity early, you don’t
achieve your goals. That means you can benefit more just have more time to achieve your goals but you can
from the power of compounding. When you start also attune yourself to the market volatility. However, it
saving and investing early, you can accumulate your is recommended that you invest in equity through SIPs
goal amounts with less monthly contributions. as they help you average your investment cost. You can
Alternatively, you can accumulate more than needed set up an SIP with the assistance from a financial
and hence can create a cushion. advisor/distributor. Do increase your SIPs yearly with a
Let’s say, you want to accumulate `1 crore by the rise in your income.
time you turn 60. If you start investing in an equity For young earners, SIPs can be a lifelong companion
fund when you are 25, you can accumulate this that will help them become ready for the
corpus with a monthly SIP of just `1,832. subsequent phases of life. But don’t forget that
However, if you start investing when you turn there’s no time like the present.
40, you will need to invest `10,974 monthly
(assuming an annual return of 12 per cent in
both the cases). Hence, the earlier you start,
the better. When you are young, time is on
your side and in investing, that is a big
advantage because you have more time to
benefit from the power of compounding.
Where do you start then? Begin with a
financial plan. Establish your various short-,
medium- and long-term goals. Short-term goals
are those that are due within the next one or
two years; medium-term goals are about three
to five years away; and long-term goals are
those that are over five years away. For
instance, your short-term goal could be

COVER STORY
How to crash-proof
your investments
The crash in March has highlighted
the need for a systematic withdrawal
plan. We assess how effective
this option is.

Omkar Vasudev Bhat z SIPs in all years except the last one year
and SWP in the last year
O
ver the years, a large part of z SIPs in all years except the last two years
the investment narrative in and SWP in those two last years
the mutual fund industry has z SIPs in all years except the last three years
focused on SIPs. And that’s and SWP in those three years
only natural, given the built- For instance, for a horizon of 10 years,
in growth in the Indian following are the different combination of
markets and a large population waiting to SIP-SWP periods: 10–0, 9–1, 8–2 and 7–3
benefit from the wealth-creating potential of years. Also note that we didn’t assume any
equities. However, the crash of March 2020 returns on the corpus that has been
has highlighted that while it’s important to withdrawn. Normally, you would keep the
invest regularly, one should also have an exit corpus withdrawn in a bank account or in a
plan so that an abrupt fall in the market debt fund, which will earn you some extra
doesn’t leave you with a diminished corpus, returns. However, to be conservative, we
just when you need it. didn’t consider those returns. Also, we
Systematic withdrawal plan, or SWP, is assumed that the units accumulated at end
the other side of the investment equation. It of the SIP period were redeemed uniformly
is the reverse of SIPs and helps you over the SWP period.
systematically exit equities. The process
involved is simple: when you set up an SWP,
a part of your accumulated corpus is
transferred to your bank account monthly.
/V^T\JOYL[\YUZ[VL_WLJ[MYVTLX\P[`&
So, you don’t exit at one go, rather over a In financial planning, we often consider past equity
period. Just as SIPs help you average your returns to estimate how much we should invest now.
investment cost, SWPs help you average Sensex’s returns over the last five, 10 and 15 years on a
your withdrawal. This ensures that you don’t rolling basis have been steadily coming down. This has
sell out at the bottom. Of course, this also made some investors doubt whether equities are still
means that you don’t sell out at the top worth the pain. But let’s put things in perspective. If we
either. But then without the benefit of look at equity returns on an inflation-adjusted basis, they
hindsight, who can tell when the market has have been hovering around 4–5 per cent per annum over
made a top? the last 20 years. That’s not as bad as it appears. Over the
While this logic of SWPs appears to be long term, in spite of a declining returns curve, equities
irrefutable, in this article, we try to assess have trumped inflation.
how effective SWPs have been in protecting However, this also calls for resetting your return
your gains and thus helping you achieve expectations periodically. A decade ago, when inflation
your target amounts. To do so, we conducted used to be in higher single digits, it made sense to
a study on the past returns of the Sensex. expect equity to return in double digits. Now
Let’s begin with the methodology. as the Indian economy matures and inflation
cools down, equity returns will also fall. So,
Methodology while making estimates for how much
In our study, we set a goal of accumulating SIPs you will need to achieve a
`1 crore by investing in the Sensex over any particular goal amount, it will pay to
10-, 15-, or 25-year time periods since its be conservative with your return
inception in 1979. Overall, there were 373 expectation. This will not just avert any
instances of 10-year periods, 313 of 15-year negative surprises later on to a large
periods and 193 of 25-year ones. For each of extent but will also create a room for
these horizons, we considered the following positive surprises, if equities do witness
SIP–SWP combinations: a dream run.
z SIPs in all years, no SWP

COVER STORY
;OL:07¶:>7Z[\K`
The table summarises how much you would have actually accumulated by investing in the Sensex through various SIP–SWP
combinations if you wanted a corpus of `1 crore.
Expected return 10% Expected return 12%
Horizon SIP period Average Success Redemption amount (` lakh) Success Redemption amount (` lakh)
(years) (years) IRR (%) rate (%) Avg Max Min rate (%) Avg Max Min
7 16.54 63.3 149 313 56 57.4 134 282 50
8 16.35 74.5 150 328 53 56.3 135 295 47
10
9 16.17 76.9 152 395 52 56.3 136 355 47
10 15.87 75.1 154 595 50 61.4 139 535 45
12 15.81 85.6 171 446 74 73.5 145 377 62
13 15.47 85.6 169 433 73 72.5 143 366 61
15
14 15.17 85.9 168 495 71 73.2 142 418 60
15 14.82 87.9 167 561 68 74.1 141 473 57
22 14.22 100.0 187 308 124 65.8 137 225 90
23 14.24 100.0 194 342 121 73.6 142 250 88
25
24 14.26 100.0 202 378 117 74.1 148 276 86
25 14.20 99.5 210 468 95 76.2 153 341 70
Next comes the SIP amount. How much SWPs don’t ensure that you will reach your
to invest? For that, we considered two return target amount: The success rate more or less
scenarios: 10 per cent and 12 per cent. For remains the same with SWPs of different
both the return brackets, we thus had 12 periods. Thus, having an SWP for a
samples: four each (no SWP and one-, two- particular horizon does not necessarily
and three-year SWP) for the three time improve your chances of achieving your
horizons of 10, 15 and 20 years. target amount.
With equities, your time horizon matters: As
Observations the time horizon increases from 10 years to
The table ‘The SIP–SWP study’ summarises 15 years to 25 years, there is a significant
the findings of this analysis. The ‘success improvement in your chances of achieving
rate’ indicates if the particular SIP–SWP the target amount, as depicted by the success
combination delivered the required amount rates. This reinforces the investing tenet that
of `1 crore. The graphs titled ‘No SWP vs with equities, you must have a long-term
SWP for various periods’ illustrate how the horizon. In fact, the longer the horizon, the
final redemption value fluctuated for various easier it will be for you to achieve your
time periods. Here are a few conclusions target amount.
based on the data: It doesn’t hurt to be conservative with your
SWPs do provide downside protection: As return expectations: As the data shows,
the table shows, the minimum amounts that investments made with a conservative 10 per
one would have got at the time of redemption cent return expectation outdo those with an
starts to increase with an increase in the SWP aggressive 12 per cent.
period. However, your chances of getting high
returns also start to diminish simultaneously, So, should you do SWPs?
as seen from the maximum amounts. Hence, From the analysis above, it’s evident that
SWPs tend to moderate the extreme outcomes SWPs shouldn’t be seen as a tool to help you
in both the directions. accumulate your target amount. Rather, it’s a

STAYING ANCHORED
WHEN YOU CAN’T
CONTROL THE WIND?
JUST ADJUST YOUR SAILS.
Benefit from the volatile market by
investing in an Arbitrage Fund.
Contact your mutual fund distributor or

give a missed call on 8655097225.
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MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
COVER STORY
5V:>7]Z:>7MVY]HYPV\ZWLYPVKZ
The following charts illustrate how your accumulated corpus would have changed if you had done SWPs for one, two and three years.
The target corpus is `1 crore and there are three time horizons: 10, 15 and 25 years.
`LHYZ `LHYZ `LHYZ

Target amount of ` 1 cr Redemption value with no SWP (all SIPs) Redemption value with SWP
`LHYZ:07`LHY:>7 `LHYZ:07`LHY:>7 `LHYZ:07`LHY:>7

6.0 cr 5.0 cr 4.0 cr
4.8 4.0 3.2
3.6 3.0 2.4
2.4 2.0 1.6
1.2 1.0 0.8
0 0 0
April 1989 April 2020 April 1994 April 2020 April 2004 April 2020
`LHYZ:07`LHYZ:>7 `LHYZ:07`LHYZ:>7 `LHYZ:07`LHYZ:>7

6.0 cr 5.0 cr 4.0 cr
4.8 4.0 3.2
3.6 3.0 2.4
2.4 2.0 1.6
1.2 1.0 0.8
0 0 0
`LHYZ:07`LHYZ:>7 `LHYZ:07`LHYZ:>7 `LHYZ:07`LHYZ:>7

6.0 cr 5.0 cr 4.0 cr
4.8 4.0 3.2
3.6 3.0 2.4
2.4 2.0 1.6
1.2 1.0 0.8
0 0 0
method to not lose your accumulated your crucial goals. This will ensure that you
corpus, especially in the event of a sudden don’t fall short of the required amount.
crash. It’s true that opting for SWPs can also At Value Research, we advocate having a
lower your returns but again SWPs are not withdrawal plan in place. If you have been
meant to boost your returns but protect diligent with your SIPs and have built a
what’s already there. corpus over the long term, it makes sense to
Thus, if your goal is non-negotiable and also protect the gains. Alternatively, you may
will become due on a certain date, such as also like to move to more conservative
your children’s education, it would make instruments such as short-duration debt
sense to create a buffer by investing extra funds as your goal nears. Markets can really
over time. Alternatively, allocate any be wild and a sound withdrawal plan can go
windfalls or bonuses that you receive to a long way in securing your goals.

COVER STORY
All you need

to know about
Corona Kavach and
Corona Rakshak

COVER STORY
Aakar Rastogi have launched it yet, perhaps looking at the rising

number of infections.
T
oday we are living in highly unusual While the features of these policies are uniform
times. For the past many months, since across insurance companies, their premiums vary
the outbreak of the pandemic, the normal widely (see the premiums tables).
life has been disrupted. Most of us are
still struggling to get back to the old How do I buy these plans?
times. With the vaccine for COVID-19 As of now, just a couple of insurers
covid-19
test-01
test-02
still in the works and a rapid rise in new infections, we provide these plans online. Most other
ANTIVIRUS
covid-19
are anxious about the well-being of our loved ones. ask you to contact them, visit the
While the infection itself isn’t deadly, as seen in the low nearest branch or take your contact
mortality rate and the high recovery rate, the cost of its details, promising that an agent will get back to you. In
treatment could be exorbitant. Thankfully, most cases fact, it is quite difficult to locate Corona Kavach and
are mild to moderate and the recovery rate is high, yet Rakshak plans on the websites of some insurers. One
one can’t rule out the need to remain prepared. has to google to arrive at the relevant page.
Insurance Regulatory and Development Authority of It also appears that some insurers are more
India (IRDAI) has mandated that all general insurers aggressively promoting their regular health-insurance
provide a COVID-specific health-insurance plan, named policies as a solution and have sidelined the Kavach and
‘Corona Kavach’. Though the features of this plan are the Rakshak. We wish that this situation will improve
uniform across insurance companies, IRDAI has given over the coming days so that more people can benefit
them the flexibility to charge premium at different rates. from these policies, that too without requiring them to
The regulator has also issued guidelines for another leave their homes or inviting an agent from outside.
COVID-specific plan, named ‘Corona Rakshak’. But it
isn’t mandatory for insurance companies to offer this Does regular health insurance cover COVID?
plan. The table ‘Features of Corona Kavach and Corona Regular health-insurance policies cover
Raskshak’ mentions the features of these plans. the hospitalisation cost of the
Given that both these plans are new, there are many treatment of COVID. However, they
queries that buyers have in their minds. Here we may not cover the cost of home care
present answers to the frequently asked questions. and safety gear like PPE kit, gloves and
masks, which are covered in the Corona Kavach
What is the difference between Corona Rakshak and policy. But as the availability of a hospital bed is
Corona Kavach? becoming difficult, some insurance companies have
Corona Kavach is an indemnity-type health started covering home-care costs also. For example,
insurance plan. This means that it will HDFC ERGO recently announced that home-care
compensate for the actual expenses incurred expenses of COVID will now be covered for all their
on the treatment up to the maximum of the existing policyholders.
sum insured. For instance, if the treatment
costs `2 lakh, you will be paid `2 lakh, even if your sum So, should you buy the Kavach/Rakshak?
insured is `5 lakh. This is quite similar to the Value Research has always emphasised having
reimbursements in regular health-insurance policies. sufficient health insurance. Corona Kavach and
On the other hand, Corona Rakshak pays the sum Rakshak are not a substitute for that. So, your
insured on the diagnosis of the disease and being foremost requirement is a basic health insurance plan
hospitalised for a minimum of 72 hours. This plan that can adequately cover you and your family
can come handy in compensating for a loss of members. For a family of four, health insurance of
income. However, not many insurance companies about `10–20 lakh is desirable.
9LN\SHYOLHS[OPUZ\YHUJLWVSPJPLZJV]LY[OLOVZWP[HSPZH[PVUJVZ[VM
[OL[YLH[TLU[VM*6=0+/V^L]LY[OL`THÙV[JV]LY[OLJVZ[VM
OVTLJHYLHUKZHML[`NLHYSPRL77,RP[NSV]LZHUKTHZRZ
-LH[\YLZVM*VYVUH2H]HJOHUK*VYVUH9HRZOHR
*6965(2(=(*/ *6965(9(2:/(2
>OVJHUIL Policy can be purchased for self, spouse, parents, parents-in-law Policy can be purchased for self, spouse, parents, parents-
JV]LYLK and dependent children up to the age of 25 years. in-law and dependent children between the age of 18 to
Minimum entry age: 1 day 25 years.
Maximum entry age: 65 years Minimum entry age: 18 years
Maximum entry age: 65 years
*HU0I\`VULWSHU Yes, both individual and family-floater options are available. You Only individual plans are available
MVYT`LU[PYL can buy a single family- floater plan to cover up to two adults and
MHTPS`& two children.
*V]LYHNLHTV\U[ Minimum: `50,000 Minimum: `50,000

Maximum: `5 lakh Maximum: `2.5 lakh
7VSPJ`[LU\YL 3.5 months, 6.5 months, 9.5 months 3.5 months, 6.5 months, 9.5 months
>OH[PZJV]LYLK *All expenses related to hospitalisation on diagnosis of COVID, A lump-sum equivalent to the sum assured is paid on the
including room rent, ICU charges, nursing expenses, cost of PPE positive diagnosis of COVID, requiring hospitalisation for at
kits, gloves and masks, oxygen, ventilator charges, doctor fees, least 72 hours.
medicines, etc.
*Home-care treatment on a positive diagnosis, provided it is in
consultation with a medical practicioner. It also includes the cost
of pulse oximeter, oxygen cylinder and nebulizer.
*AYUSH treatment on a positive diagnosis
*Pre-hospitalisation expenses: 15 days
*Post-hospitalisation expenses: 30 days
>OH[PZUV[ Expenses related to any other illness/disease except COVID The benefit under the policy kicks in only on the positive
JV]LYLK diagnosis of COVID and hospitalisation for at least 72
hours. No other illness or treatment at home for COVID is
covered.
>HP[PUNWLYPVK Treatment expenses on contracting the virus within 15 days of the The benefit under the policy does not kick in on contracting
policy commencement are not covered. the virus within 15 days of the policy commencement.
7YLTP\TWH`TLU[ Single premium Single premium

MYLX\LUJ`
*HZOSLZZMHJPSP[` The cashless facility is usually provided at the network hospitals Not applicable as the lump sum is paid irrespective of the
of insurance companies. If treated elsewhere, you can claim actual treatment cost.
reimbursement later.
6W[PVUHSHKKVU Hospital daily cash is available as an add-on cover on the Not available
JV]LY payment of extra premium. In this add-on, the insurance company
pays you a small percentage of sum insured every day on
hospitalisation to meet small expenses.
(YL[OLYLHU`Z\I *Home-treatment expenses only up to 14 days per incident No, complete sum assured is paid on hospitalisation of 72
SPT[Z& *Ambulance charges: `2,000 hours due to COVID.
*Hospital daily cash (optional add-on cover): 0.5% of the sum
assured subject to a maximum of 15 days per insured member
>OH[HIV\[V[OLY Treatment expenses of other medical conditions are also covered The sum assured paid in a lump sum can be used for any
TLKPJHSJVUKP[PVUZ if they emerge/worsen due to COVID. For instance, diabetes. purpose.
ÔPJOLTLYNLK\L[V
*6=0+JVTVYIPKP[`&
>OH[PM0HT The benefits of the policy are available on treatment in any set-up The benefits of the policy are available on treatment in any
[YLH[LKPUHTHRL designated by the government as a hospital for the treatment of set-up designated by the government as a hospital for the
ZOPM[OVZWP[HS& COVID. treatment of COVID for a minimum of continuous 72
hours.
0HTQ\Z[ No, mere quarantine expenses are not covered. The benefits No, being quarantined is not enough. The benefits under
X\HYHU[PULKUV[ under the policy kick in only after testing positive for COVID. the policy kick in only after testing positive for COVID and
[LZ[LKWVZ[P]L`L[ hospitalisation for at least 72 hours.

COVER STORY
Premiums of a 9.5-month Corona Kavach policy not be sufficient for a family of

three-four members if you
0UZ\YLY `LHYZ `LHYZ `LHYZ `LHYZ
don’t have any other health
`SHRO `SHRO `SHRO `SHRO `SHRO `SHRO `SHRO `SHRO
insurance. For a family of
)HQHQ(SSPHUa
three-four members, a regular
-\[\YL.LULYHSP
health plan of around `15-20
0--*6;VRPV lakh would be needed.
4H_)\WH Alternatively, you can opt for
5H[PVUHS0UZ\YHUJL an individual Corona Kavach
:[HY/LHS[O policy for each member.
<UP]LYZHS:VTWV Does your family have senior
/+-*,9.6 citizens?
The coronavirus is deadlier for
6YPLU[HS0UZ\YHUJLE
the elderly or for those who
,QFOXGLQJWD[HVA:LWKRXW73$VHUYLFH7KLVOLVWLVQRWH[KDXVWLYH
have some pre-existing
diseases like hypertension,
Premiums of `2.5 lakh Corona Rakshak policy diabetes, etc. The hospitalisation cost could be much
more in such circumstances as higher medical
0UZ\YLY `LHYZ `LHYZ `LHYZ `LHYZ
attention would be required. Unfortunately, people
-\[\YL.LULYHSP
above 65 are not covered in Corona Kavach and
0--*6;VRPV
Rakshak as the maximum entry age is restricted to 65
:[HY/LHS[O
years. This is big negative of these two policies as the
<UP]LYZHS:VTWV ones who are most vulnerable have been left out. So,
,QFOXGLQJWD[HV7KLVOLVWLVQRWH[KDXVWLYH you will have to plan accordingly.
Do you actually want an insurance cover for home
If you already have sufficient health insurance, treatment and other COVID-related safety gear?
Corona Kavach and Rakshak can help you further Most regular insurance policies do not cover home
strengthen your safety net. With their COVID-specific treatment of COVID and the cost of safety equipment
features, they can come handy in the unfortunate event like PPE kits, gloves and masks. But all these things are
of anyone in your family contracting the coronavirus. unlikely to cost you a packet. Similarly, when you are
Here are some questions which will help you make being treated at home, medicines and the doctor’s
up your mind. consultation fee is what you would be paying in most
Is your existing health insurance cover sufficient for all cases. Again, these should not be too expensive. If you
family members? need higher medical attention, it is more likely that
Family-floater plans provide a single cover, which is you will be shifted to a hospital, which will be covered
available for all those who are covered. But the total in your regular policy.
benefit remains limited to the sum assured. Hence, do
ensure that you have a sufficient cover. For instance, a Why cannot I step up my existing health insurance
standard family-floater plan with a cover of `5 lakh instead of buying the Kavach/Rakshak?
may not be enough. Increasing the cover of your regular
The basic assumption behind family-floater plans is health insurance plan would be a
that it is very unlikely that more than one or all recurring cost. You will have to pay the
members of the family would need hospitalisation at premium for a higher cover every year.
the same time. But this is not so for COVID, which is And usually the premium increases as
highly contagious. Once the virus infects one family you get older. In such circumstances, if you plan to
member, it is quite likely that all members of the increase your coverage only because of COVID, Corona
family will get infected and, in the worst case, need Kavach and Rakshak can be quite beneficial. It will be
hospitalisation at the same time. a one-time expense. You can buy these policies for the
Corona Kavach offers a maximum sum assured of `5 maximum available duration of 9.5 months. And
lakh, even in the case of a floater option. So, it might hopefully, we will have a vaccine by then.

6XEVFULEH
1RZ
Insights into Indian mutual funds
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CATEGORY WATCH
The classic equity funds

Flexibility to invest across the market-cap spectrum and thus benefit from
prevailing market trends puts multi-cap funds at the centre of growth portfolios
M
ulti-cap funds have shows how multi-cap funds have *VTWHYPUN[OLHZZL[Z
proved their worthiness provided higher return than the Asset break-up of multi-cap, large- and mid-
over time as the go-to large-cap funds during bull phases. cap and value funds over time
category for investors. After the Also, the category has fallen less Multi-cap Large- & mid-cap Value Total
SEBI reclassification, this is the than the mid- and small-cap ones ` 3.0 lakh cr
only category that can invest during market crashes. 2.4

across market capitalisations and The recent crash has wiped up
1.8
hence has the flexibility to shift the past returns of several equity
across large, mid and small caps funds. Thus, while the trailing 1.2
to provide the right mix of stabili- three-year returns (as on July 31,
0.6
ty and growth, depending on the 2020) of large-cap funds stand at
prevailing market scenario. Our about 3.20 per cent per annum, 0
discussion on multi-cap funds multi-cap funds have fallen by 0.35 Apr-19 Jun-20
also includes the large- and mid- per cent per annum in this time
cap category and value-oriented period. However, this fall is less
)L[[LYYL[\YUZ
funds. That’s because these funds than that observed by mid-cap and During bull runs, multi-cap funds* have often
are also virtually multi-cap in small-cap funds. delivered better returns than large-cap funds
nature with respect to their On a trailing five-year and sev- 120 % Multi-cap Large-cap
investment universe. Just like en-year basis, the annualised
multi-cap funds, they can be the returns delivered by the category 90
core of your portfolio. These three stand at about 5 per cent and 13 60
categories collectively manage over per cent, respectively.
30
`2,36,000 crore, with multi-cap
funds commanding more than half How are they managed? 0
the combined assets. The three categories have main-
-30
tained a large-cap-heavy portfolio
2002
2003
2004
2005
2006
2007
2009
2010
2012
2013
2014
2015
2016
2017
2019
What’s the investment case? for quite some time now. Post SEBI
Multi-cap funds are meant for reclassification, multi-cap funds
investors who are accustomed to have increased their large-cap allo-
market volatility. These funds can cation from about 65 per cent to 70
+VÛZPKLWYV[LJ[PVU
In bear markets, multi-cap funds* have fallen
form the core of a growth portfolio. per cent. Value funds have also less than mid- and small-cap ones
By the virtue of their design, increased their large-cap allocation
0% 2000 2001 2008 2011 2018
these funds are relatively better from 58 per cent to about 65 per
cushioned to market falls than the cent (as of June 2020). Large- and -15
mid-and small-cap ones and pro- mid-cap funds, given their man-
vide higher returns than pure large- date, have significant presence in -30
cap funds. A comparison of the cal- both large (50–52 per cent) and mid
-45
endar-year returns of the multi-cap caps (41–44 percent), with a small
category (including large- and mid- presence in small caps. An eco- -60
cap funds and value funds) with nomic turnaround is likely to see
large-cap, mid-cap and small-cap higher allocation to mid/small caps -75 Multi-cap Mid-cap Small-cap
categories for the past two decades in all three categories. *Including large- and mid-cap and value funds

Comparing performance
SIP returns and trailing returns of the funds in the large- and mid-cap, multi-cap and value categories
REGULAR DIRECT
SIP return (%) Trailing return (%) Quartile ranking SIP return (%) Trailing return (%) Quartile ranking
Fund Rating 3Y 5Y 3Y 5Y 10Y ’15 ’16 ’17 ’18 ’19 Rating 3Y 5Y 3Y 5Y ’15 ’16 ’17 ’18 ’19
Equity: Large & MidCap

ABSL Eqt Advantage -3.19 1.71 -3.15 4.31 9.11 -2.22 2.86 -2.14 5.42
Axis Growth Opportunities Not rated - - - - - Not rated - - - -
BOI AXA Large & Midcap Eqt -1.67 2.19 -1.03 3.27 6.56 -0.49 3.47 0.18 4.54
Canara Robeco Emerging Equities 1.93 6.72 2.21 7.86 15.44 3.11 8.04 3.45 9.14
DSP Equity Opp 0.28 4.84 0.86 6.72 9.81 1.25 5.93 1.88 7.77
Edelweiss Large & Midcap 1.47 5.31 2.95 5.59 9.14 2.97 6.67 4.34 6.77
Essel Large & Midcap Not rated -3.04 - -1.04 - - Not rated -1.28 - 0.66 -
Franklin Eqt Advantage -7.46 -1.99 -4.22 0.73 8.03 -6.67 -1.15 -3.44 1.53
HDFC Growth Opportunities -3.62 0.90 -2.16 1.81 5.07 -3.42 1.09 -1.99 1.97
HSBC Large and Midcap Eqt Not rated - - - - - Not rated - - - -
ICICI Pru Large & Midcap -3.85 1.22 -2.04 4.26 8.56 -3.01 2.25 -1.08 5.31
ICICI Pru Midcap Select ETF Not rated -6.00 - -4.38 - - Not rated - - - -
IDFC Core Equity -3.67 2.03 -1.84 4.52 6.98 -2.45 3.52 -0.50 6.11
Invesco India Growth Opp 1.17 6.05 3.36 6.36 10.49 2.38 7.54 4.73 7.97
Kotak Equity Opportunities 3.07 6.46 2.32 6.91 10.20 4.20 7.75 3.52 8.25
L&T Large and Midcap -1.71 2.81 -1.20 4.03 9.61 -0.90 3.68 -0.37 4.86
LIC MF Large & Midcap -0.07 5.25 1.28 6.70 - 1.41 6.88 2.85 8.17
Mahindra Manulife Top 250 Nivsh Yjn Not rated - - - - - Not rated - - - -
Mirae Asset Emerging Bluechip 5.36 9.91 5.04 11.57 18.16 6.35 10.91 5.96 12.53
Motilal Oswal Large and Midcap Not rated - - - - - Not rated - - - -
Nippon India Vision -5.02 -0.63 -5.07 1.03 5.99 -4.50 -0.01 -4.50 1.66
Principal Emerging Bluechip -0.08 5.28 0.65 7.26 12.57 1.04 6.51 1.82 8.42
Quant Large & Midcap Not rated 5.85 7.62 2.76 8.75 11.50 Not rated 6.13 7.86 3.07 8.93
SBI Large & Midcap -1.45 3.18 0.83 4.56 9.55 -0.77 3.90 1.57 5.22
Sundaram Large & Midcap -1.08 4.59 2.03 6.35 8.77 0.07 5.73 3.23 7.28
Tata Large & Midcap 2.85 5.37 2.60 5.57 9.61 4.17 6.83 3.98 7.07
Union Large & Midcap Not rated - - - - - Not rated - - - -
UTI Core Equity -4.01 0.33 -2.61 1.89 7.47 -3.54 0.86 -2.10 2.42
Equity: Multi Cap

ABSL Bal Bhavishya Yojna Wealth Not rated - - - - - Not rated - - - -
ABSL Equity -1.18 3.96 -0.14 6.28 9.91 -0.25 5.04 0.88 7.34
ABSL Retirement 30s Not rated - - - - - Not rated - - - -
Axis Focused 25 3.49 8.50 5.39 8.96 - 4.76 9.87 6.67 10.30
Axis Multicap Not rated - - - - - Not rated - - - -

CATEGORY WATCH
REGULAR DIRECT
Baroda Multi Cap -0.76 2.56 -0.74 3.18 6.33 0.06 3.48 0.16 4.06
BNP Paribas Focused 25 Eqt Not rated - - - - - Not rated - - - -
BNP Paribas Multi Cap -1.22 3.17 -0.80 4.01 10.12 0.18 4.77 0.72 5.64
Canara Robeco Eqt Diversified 5.69 8.44 5.95 6.72 10.03 6.80 9.44 6.93 7.58
DSP Equity 2.86 6.51 3.39 6.56 9.56 3.77 7.41 4.26 7.39
DSP Focus 0.96 4.03 0.76 4.45 8.13 1.98 5.01 1.72 5.34
Edelweiss Multi Cap -0.77 4.67 2.08 5.45 - 0.90 6.14 3.59 6.66
Essel Multi Cap Not rated - - - - - Not rated - - - -
Franklin Equity -3.29 1.03 -1.99 2.97 9.80 -2.47 2.01 -1.09 4.00
Franklin Focused Eqt -3.95 1.40 -1.44 3.15 11.15 -3.03 2.49 -0.44 4.30
HDFC Equity -6.03 0.68 -2.78 3.09 7.82 -5.41 1.46 -2.07 3.89
HDFC Focused 30 -7.63 -1.92 -5.67 1.10 5.26 -6.79 -0.90 -4.77 2.14
HDFC Retrmnt Savings Eqt -0.90 - -0.01 - - 0.42 - 1.41 -
HSBC Multi Cap Eqt -2.69 1.85 -2.04 3.63 9.13 -1.72 2.81 -1.13 4.50
ICICI Pru Focused Equity 3.90 5.64 2.92 5.54 8.61 4.92 6.78 3.97 6.72
ICICI Pru Multicap -3.79 1.51 -0.45 4.21 8.96 -2.84 2.60 0.56 5.29
ICICI Pru Retrmnt Pure Eqt Not rated - - - - - Not rated - - - -
ICICI Pru S&P BSE 500 ETF Not rated - - - - - Not rated - - - -
ICICI Prudential India Eqt FOF Not rated - - - - - Not rated - - - -
IDBI Diversified Eqt 0.54 3.24 1.39 3.51 - 2.09 4.96 3.15 5.09
IDFC Focused Equity 1.08 5.79 0.54 5.95 7.12 2.47 7.43 2.11 7.63
IDFC Multi Cap -4.46 0.36 -1.69 1.96 10.17 -3.79 1.11 -0.99 2.70
IIFL Focused Equity 8.33 9.89 6.04 9.27 - 9.91 11.44 7.63 10.69
Invesco India Multicap Not rated -2.68 2.10 -0.60 3.78 12.34 Not rated -1.32 3.71 0.90 5.43
ITI Multi Cap Not rated - - - - - Not rated - - - -
JM Multicap -0.08 5.22 0.72 6.09 7.49 0.71 6.25 1.50 7.33
Kotak Focused Equity Not rated - - - - - Not rated - - - -
Kotak Standard Multicap 1.31 5.86 2.22 7.19 11.54 2.32 7.00 3.28 8.34
L&T Equity -0.43 3.34 0.43 4.12 8.65 0.26 4.10 1.15 4.87
L&T Focused Equity Not rated - - - - - Not rated - - - -
LIC MF Multicap 0.20 2.65 1.12 2.26 5.82 0.99 3.49 1.96 3.05
Mahindra Manulife MultiCap Bdht Yjn 2.53 - 1.65 - - 4.39 - 3.74 -
Mirae Asset Focused Not rated - - - - - Not rated - - - -
Motilal Oswal Multicap 35 -1.02 4.22 -0.57 6.18 - -0.11 5.22 0.35 7.14
Motilal Oswal Nifty 500 Not rated - - - - - Not rated - - - -
Nippon India Focused Equity -3.56 1.50 -2.40 3.85 10.34 -2.88 2.37 -1.61 4.75
Nippon India Multi Cap -10.96 -3.51 -4.92 -0.44 8.12 -10.31 -2.76 -4.23 0.31
Nippon India Retrmnt Wealth Creation -8.98 -2.38 -5.20 0.80 - -8.09 -1.24 -4.29 2.07
Parag Parikh Long Term Equity 12.97 12.95 11.29 11.42 - 13.83 13.74 12.08 12.14

REGULAR DIRECT
PGIM India Diversified Eqt 8.62 8.77 4.47 6.82 - 10.61 10.66 6.52 8.41
Principal Focused Multicap 3.93 6.69 3.48 6.43 9.09 4.69 7.48 4.26 7.20
Principal Multi Cap Growth -2.30 3.70 -0.64 5.85 9.67 -1.43 4.65 0.27 6.73
Quant Active 10.67 11.02 8.86 9.61 10.08 10.99 11.31 9.23 9.83
Quantum Equity FoF -0.86 - 0.48 5.19 9.35 -0.67 3.80 0.65 5.34
SBI Focused Equity 3.24 7.54 6.07 8.77 13.65 4.30 8.64 7.14 9.81
SBI Magnum MultiCap -1.73 3.49 0.73 5.80 9.59 -0.76 4.61 1.77 6.90
Shriram Multicap Not rated - - - - - Not rated - - - -
Sundaram Equity Not rated - - - - - Not rated - - - -
Tata Focused Eqt Not rated - - - - - Not rated - - - -
Tata Multicap Not rated - - - - - Not rated - - - -
Tata Retrmnt Svngs Progressive 2.63 7.39 3.67 8.74 - 4.25 9.05 5.21 10.36
Taurus Starshare (Multi Cap) -5.15 -0.60 -4.11 0.24 6.08 -5.01 -0.36 -3.98 0.79
Union Focused Not rated - - - - - Not rated - - - -
Union Multi Cap 3.77 5.56 3.09 4.25 - 4.44 6.27 3.73 5.02
UTI Children’s Career Investment -0.37 4.21 0.80 5.34 8.46 0.51 5.14 1.71 6.19
UTI Equity 5.51 7.72 5.89 6.93 11.23 6.07 8.28 6.45 7.46
Equity: Value Oriented

ABSL Pure Value -13.19 -5.68 -9.70 0.17 8.94 -12.22 -4.52 -8.63 1.28
HDFC Capital Builder Value -4.37 1.62 -1.29 4.35 9.27 -3.39 2.77 -0.21 5.49
ICICI Pru Value Discovery 2.60 4.12 1.66 4.09 11.87 3.25 4.97 2.43 5.07
IDBI Long Term Value Not rated - - - - - Not rated - - - -
IDFC Sterling Value -12.30 -3.47 -7.96 1.09 8.11 -11.33 -2.34 -6.91 2.13
Indiabulls Value -6.88 - -6.96 - - -5.48 - -5.50 -
Invesco India Contra 3.79 7.97 5.47 8.33 11.79 4.98 9.43 6.81 9.84
JM Value Not rated -2.49 3.52 -1.54 5.73 5.31 Not rated -1.87 4.42 -0.90 6.87
Kotak India EQ Contra 2.18 6.68 4.32 6.78 8.88 3.57 8.26 5.77 8.40
L&T India Value -2.83 2.29 -2.41 5.10 11.63 -1.91 3.27 -1.50 6.04
Nippon India Value -1.66 3.05 0.21 3.74 8.46 -1.01 3.81 0.91 4.51
Quantum Long Term Eqt Value -5.12 - -2.81 3.77 8.30 -4.74 0.39 -2.49 4.07
SBI Contra -3.82 0.04 -3.80 1.74 5.60 -3.24 0.69 -3.18 2.38
Tata Equity PE -1.00 4.79 -0.16 7.09 10.83 0.37 6.13 1.14 8.23
Templeton India Value -9.59 -2.82 -7.52 0.85 5.84 -9.14 -2.31 -6.74 1.65
Union Value Discovery Not rated - - - - - Not rated - - - -
UTI Value Opportunities 1.92 4.66 2.84 4.29 9.21 2.60 5.41 3.57 5.04
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. Data as on July 31, 2020. Funds suspended for sale have also been excluded.

FUND ADITYA BIRLA SUN LIFE EQUITY FUND
REGULAR DIRECT
ANALYST’S
CH ICE The category veteran
O
Launch ne of the oldest funds in the The fund categorically tries to avoid
August 1998 category, this one has been a sectors that are overly regulated.
Fund manager consistent performer. It The fund’s large-cap allocation has
Anil Shah
follows the ‘growth at reasonable largely moved in the range of 65–75
price’ philosophy and uses a mix of per cent, while the mid-cap weights
top-down and bottom-up approaches range from 25–30 per cent. The fund
Expense ratio (%) to build its portfolio. also has a tactical allocation to small
DIRECT From a bottom-up perspective, the caps, which had gone up to 15 per
0.97 1.05
MIN FUND MEDIAN MAX fund tries to capitalise on three cent in 2014 but has largely been in
themes. The first is companies that single digits.
0.15 2.38 are at an inflection point of growth; Though the fund’s recent
REGULAR for instance, those that are through performance may have been average,
1.94 2.26
MIN FUND MEDIAN MAX with their capital expenditure and it continues to remain a reasonable
are poised to reap its benefits. The bet for longer time frames. The fund
0.29 2.75
second is companies whose had clocked larger losses than the
managements are committed to pare benchmark in bear years like 2008
Trailing returns (%)
Regular Direct S&P BSE 500 TRI debt and sell non-core assets, which and 2011, but more recently in 2018,
could release capital and enhance it was able to contain the downside
-0.67 boost return ratios. The third is better than its peers.
1-Year 0.20 mispricing opportunities. These A good long-term performer, this
1.46
include companies which are being fund can help you earn decent returns
-0.14
grossly undervalued by the market. without taking unnecessary risks.
3-Year 0.88
2.32
6.28 10 lakh Growth of `10,000 SIP `7.58 lakh | `7.81 lakh

5-Year 7.34 Regular Direct
6.34
8 lakh
43.92
Recent
rally 44.43
6 lakh
48.45
-37.11
Recent 4 lakh
-37.08
crash
-35.60 `6.70 lakh
Amount invested
2 lakh
Recent rally: Mar 23, 2020 — Aug 07, 2020
Recent crash: Feb 25, 2020 — Mar 23, 2020
Data as on July 31, ‘20. 0
Portfolio-related data as on June 30, ‘20. 2015 2016 2017 2018 2019 2020 (YTD)
Year REGULAR DIRECT

2015 2016 2017 2018 2019 2020 (YTD) 2015 2016 2017 2018 2019 2020 (YTD)
Rating
Quartile 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4
ranking*
Fund 2.93 15.21 33.51 -4.07 8.53 -10.37 3.87 16.24 35.07 -3.01 9.53 -9.91
return (%)
Category 3.19
return (%) 4.06 36.68 -5.41 9.78 -7.75 4.00 4.94 37.88 -4.42 10.96 -7.12
Investment style
Growth Blend Value
Large Medium Small
Fund style
Capitalisation
Category returns are for multi-cap funds.

*Quartile ranking means the quartile in which the fund appears when all the funds in the category are arranged in a descending order of returns. YTD as on July 31, ’20
The ratings of direct and regular plans have been calculated separately in relation to their respective regular and direct peers. Hence, they can be different.

FUND AXIS FOCUSED 25 FUND
REGULAR DIRECT
ANALYST’S
CH ICE Unflinching quality focus
T
Launch his is one of the rare multi-cap style even when it goes out of favour.
June 2012 funds that have consistently This is possibly why the fund has
Fund manager delivered above-average usually remained heavily skewed
Jinesh Gopani
performance in each of the last five towards large-cap stocks, whose
calendar years. In fact, its margin of allocation in the recent months has
outperformance has only increased, as gone beyond 80 per cent. Its cash
Expense ratio (%) it has found itself in the top quartile allocation has remained elevated over
DIRECT in each of the last three calendar years the last three years due to steady
0.63 1.05
MIN FUND MEDIAN MAX (2017–2019). This coincides with the inflows, which the fund has been
period when its current fund manager, deploying judiciously.
0.15 2.38 Jinesh Gopani, took over. But quality comes at a price. The
REGULAR As the name suggests, this fund P/E ratio of this fund has seldom come
2.01 2.26
MIN FUND MEDIAN MAX runs a highly concentrated portfolio down below 30, making it one of the
of 25 stocks. Like other equity funds pricier ones in its category. Some
0.29 2.75
at Axis, this one also follows a investors worry about the risks of
growth style of investing, with investing in such expensively priced
Regular Direct S&P BSE 500 TRI quality being the hallmark of its stock stocks, more so in bear markets. But
selection. It scouts for companies the fund house claims that its
4.03 with robust corporate-governance approach towards quality has enabled
1-Year 5.24 practices, strong business models, it to navigate through pockets of pain.
1.46
pricing power, good ROEs and cash The fund’s performance record bears a
5.39
flows. It doesn’t deviate from this testimony to its claims.
3-Year 6.67
2.32

6.34
8 lakh
33.66
Recent
rally 34.25
6 lakh
48.45
-31.48
Recent 4 lakh
-31.43
crash
-35.60 `6.70 lakh
Amount invested
2 lakh
Year REGULAR DIRECT

2015 2016 2017 2018 2019 2020 (YTD) 2015 2016 2017 2018 2019 2020 (YTD)
Rating
Quartile 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4
ranking*
Fund 3.91 4.56 45.15 0.63 14.65 -7.64 5.38 5.82 46.86 1.83 16.20 -7.05
return (%)
Category 3.19
return (%) 4.06 36.68 -5.41 9.78 -7.75 4.00 4.94 37.88 -4.42 10.96 -7.12
Investment style
Growth Blend Value
Large Medium Small
Fund style
Capitalisation


FUND INVESCO INDIA CONTRA FUND
REGULAR DIRECT
ANALYST’S
CH ICE The deft value hunter
T
Launch his fund has sharply contrarian investing quite broadly. It
April 2007 improved its rating from three invests in companies that are in a
Fund manager to five stars since the end of turnaround phase, looks for growth
Taher Badshah
Dhimant Kothari 2017 and has maintained it due to stocks trading below their intrinsic
its ability to outperform its category value and also bets on high-growth
by a good margin in any three and companies that are going through a
Expense ratio (%) five years. While contra funds often temporary bad patch on account of
DIRECT find it difficult to outdo markets company-specific events or overdone
0.69 1.23
MIN FUND MEDIAN MAX consistently, given their mandate to pessimism about a sector. However,
swim against the tide, this fund has it does not compromise on ROE or
0.50 1.78 outperformed its peers in 10 of the the ability to generate cash flows in
REGULAR last 12 years. This year, it has its hunt for contrarian picks, thus
1.98 2.09
MIN FUND MEDIAN MAX contained the downside well during steering itself away from value traps.
the pandemic-induced crash, as it Since 2017, it has maintained a
1.79 2.59
did in the bear markets of 2008, 65–70 per cent allocation to large
2011 and 2018. On the other hand, it caps but this allocation pattern
Regular Direct S&P BSE 500 TRI also registered strong cannot be taken for granted. The
outperformance in the bull years of fund does not have a target
7.07 2014 and 2017. allocation range across the market-
1-Year 8.26 The fund invests across the cap spectrum; its allocations are an
1.46
market-capitalisation range with a outcome of where it sees contrarian
5.47
contrarian bias but defines opportunities emerging.
3-Year 6.81
2.32

6.34
8 lakh
49.04
Recent
rally 49.72
6 lakh
48.45
-35.22
Recent 4 lakh
-35.17
crash
-35.60 `6.70 lakh
Amount invested
2 lakh
Year REGULAR DIRECT

2015 2016 2017 2018 2019 2020 (YTD) 2015 2016 2017 2018 2019 2020 (YTD)
Rating
Quartile 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 3 4 1 2 3 4
ranking*
Fund 4.02 6.72 45.63 -3.24 5.94 -1.55 5.49 8.56 48.11 -1.96 7.10 -0.89
return (%)
Category 2.40
return (%) 6.05 39.60 -8.53 2.39 -8.36 3.27 7.14 41.11 -7.64 3.41 -7.88
Investment style
Growth Blend Value
Large Medium Small
Fund style
Capitalisation
Category returns are for value-oriented funds.


FUND KOTAK STANDARD MULTICAP FUND
REGULAR DIRECT
ANALYST’S
CH ICE A reliable choice
T
Launch his is the largest fund in the is on first identifying sectors that are
September 2009 multi-cap category in terms of likely to outperform the market and
Fund manager AUM. It has beaten the then use a bottom-up approach to
Harsha Upadhyaya
benchmark and the peers consistently pick stocks within those sectors.
since inception and this has helped it It doesn’t like to overpay and is
retain a four- or five-star rating. valuation-conscious. One won’t find
Expense ratio (%) The fund has been a consistent too many concentrated positions or
DIRECT performer. You won’t find it setting aggressive exposures to overheated
0.73 1.05
MIN FUND MEDIAN MAX the performance charts on fire in stocks (the P/E ratio of the portfolio
raging markets, nor would you spot it has never touched 30). What you get
0.15 2.38 at the bottom of the heap when is a steady, low-turnover portfolio,
REGULAR markets tumble. But its consistency of neatly spread across 55–60 stocks.
1.69 2.26
MIN FUND MEDIAN MAX performance has paid rich dividends The fund has been overweight on
over longer periods. Its fund manager, large caps, with an allocation of
0.29 2.75
Harsha Upadhyaya, has been at the about 75–80 per cent. The fund-
helm for the last eight years. management team believes that this
Regular Direct S&P BSE 500 TRI The fund follows a top-down allocation provides stability and a
approach for stock selection, built potential kicker in returns, thus
-0.27 upon the premise that different ensuring superior risk-adjusted
1-Year 0.69
sectors of the economy perform performance for investors.
1.46
varyingly over different phases of the A a reliable performer in the multi-
2.22
economic cycle. The focus, therefore, cap space.
3-Year 3.28
2.32

5-Year 8.34
Regular Direct
6.34
8 lakh
42.30
Recent 42.84
rally 6 lakh
48.45
-35.46
Recent 4 lakh
-35.39
crash
-35.60 `6.70 lakh
Amount invested
2 lakh
Year REGULAR DIRECT

2015 2016 2017 2018 2019 2020 (YTD) 2015 2016 2017 2018 2019 2020 (YTD)
Rating
Quartile 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4
ranking*
Fund 2.96 9.44 34.31 -0.88 12.28 -8.89 3.95 10.75 35.86 0.16 13.36 -8.34
return (%)
Category 3.19
return (%) 4.06 36.68 -5.41 9.78 -7.75 4.00 4.94 37.88 -4.42 10.96 -7.12
Investment style
Growth Blend Value
Large Medium Small
Fund style
Capitalisation


FUND L&T INDIA VALUE FUND
REGULAR DIRECT
ANALYST’S
CH ICE Capitalising on bull runs
V
Launch alue-oriented strategies have on its performance during the recent
January 2010 generally underperformed the outperformance by large caps. Both
Fund manager growth-oriented ones in India the mid-cap and value biases have
Venugopal Manghat
Alok Ranjan in recent years and that reflects in worked against the fund in recent
Vihang Naik the performance of this fund as well. years, given the way markets have
But within the value space, it has been. Still, the fund has managed to
Expense ratio (%) been a good long-term performer. match its category returns.
DIRECT This fund identifies value The fund’s performance record
0.93 1.23
MIN FUND MEDIAN MAX opportunities across sectors and suggests that it makes full use of the
looks for companies in special bull phases by delivering outsized
0.50 1.78 situations, such as cyclically low returns but also falls more than its
REGULAR earnings, turnarounds and revival peers when the tide turns. It managed
1.92 2.09
MIN FUND MEDIAN MAX plays on a purely bottom-up basis. It significant outperformance in 2014,
is market-cap- and benchmark- 2015 and 2017. But it did poorly in
1.79 2.59
agnostic. It has steadily increased its containing losses in 2011 and 2018
allocation to large caps since 2016, and more recently during the March
Regular Direct S&P BSE 500 TRI which is currently around 60 per 2020 crash. However, over longer time
cent. However, it has not drastically periods, it has delivered well.
-2.35 pruned mid-cap exposures in the past Venugopal Manghat has been
1-Year -1.38 year, as some peers have done, and managing this fund for the last seven
1.46
has about 25–30 per cent allocated years now, thus ensuring continuity
-2.41
there. This is likely to have weighed in fund management.
3-Year -1.50
2.32

6.34
8 lakh
49.79
Recent
rally 50.35
6 lakh
48.45
-38.03
Recent 4 lakh
-37.98
crash
-35.60 `6.70 lakh
Amount invested
2 lakh
Year REGULAR DIRECT

2015 2016 2017 2018 2019 2020 (YTD) 2015 2016 2017 2018 2019 2020 (YTD)
Rating
Quartile 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4
ranking*
Fund 12.88 8.13 41.26 -11.38 4.60 -8.43 13.80 9.03 42.45 -10.62 5.65 -7.89
return (%)
Category 2.40
return (%) 6.05 39.60 -8.53 2.39 -8.36 3.27 7.14 41.11 -7.64 3.41 -7.88
Investment style
Growth Blend Value
Large Medium Small
Fund style
Capitalisation


FUND MIRAE ASSET EMERGING BLUECHIP FUND
REGULAR DIRECT
ANALYST’S
CH ICE Star performer
C
Launch onsistent outperformance after year in any of the three-, five-
July 2010 relative to the benchmark and and seven-year period of its existence.
Fund manager peers since launch has led to In any seven-year time period, it has
Neelesh Surana
Ankit Jain this fund hanging on consistently to beaten the benchmark by an
its five-star rating. Owing to its impressive margin, ranging 7–12 per
sterling performance record, the cent. The track record suggests that
Expense ratio (%) AUM has continued to rise on a the fund has been equally good at
DIRECT sustained basis, making it the biggest navigating both bull and bear
0.85 1.00
MIN FUND MEDIAN MAX fund in the large- and mid-cap phases, delivering big gains in 2014,
category. Compared to other funds in 2015 and 2017 and containing
0.46 2.38 the category, its mid-cap weight is a downside well in 2011. Even during
REGULAR tad higher. This makes it slightly the recent market crash of March
1.76 2.19
MIN FUND MEDIAN MAX more aggressive than its peers. 2020, the fund was able to contain
The investment framework of the the losses better than its benchmark
0.45 2.75
scheme aims at participating in high- as well as most of its peers.
quality businesses up to a reasonable Neelesh Surana, one of the highly
Regular Direct S&P BSE 500 TRI price and holding the same over an regarded equity fund managers in the
extended period of time. The fund, industry today, has been at the helm
7.43 however, is valuation-conscious and of this fund since 2010.
1-Year 8.51 doesn’t overpay for quality or growth. A fund adept at navigating the
1.46
The fund continues to outperform twists and turns of the markets while
5.04
the category and the benchmark year delivering the goods.
3-Year 5.96
2.32

6.34
8 lakh
48.93
Recent
rally 49.50
6 lakh
48.45
-35.75
Recent 4 lakh
-35.72
crash
-35.60 `6.70 lakh
Amount invested
2 lakh
Year REGULAR DIRECT

2015 2016 2017 2018 2019 2020 (YTD) 2015 2016 2017 2018 2019 2020 (YTD)
Rating
Quartile 1 2 3 4 1 2 3 4 1 2 3 4 1 2 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 3 4 1 2 3 4 1 2 3 4
ranking*
Fund 14.08 12.17 49.01 -5.39 14.72 -4.73 15.18 13.07 50.18 -4.72 15.92 -4.19
return (%)
Category 3.92
return (%) 6.04 39.69 -7.46 8.03 -8.22 4.85 7.06 40.57 -6.21 9.65 -7.59
Investment style
Growth Blend Value
Large Medium Small
Fund style
Capitalisation
Category returns are for large- and mid-cap funds.


FUND MOTILAL OSWAL MULTICAP 35 FUND
REGULAR DIRECT
ANALYST’S
CH ICE A promising past
L
Launch aunched in 2014, the fund did is nudging towards 90 per cent.
April 2014 exceedingly well in the initial However, this has failed to cushion
Fund manager years to find a place among the its fall during the recent pandemic-
Akash Singhania
Herin Visaria top 10 in each of the first three induced crash. The fund’s overweight
calendar years of its existence. But the positions in financial services, which
performance hit a rough patch in 2018 suffered heavily in the crash, coupled
Expense ratio (%) and since then, it has remained with a significant underweight on
DIRECT relatively muted. The fund suffered pharma, which has done very well,
0.81 1.05
MIN FUND MEDIAN MAX another blow in 2019 with the exit of seem to have contributed to this.
its famed fund manager Gautam Sinha But its five-year returns still place it
0.15 2.38 Roy. With Akash Singhania taking ahead of the category. Active
REGULAR over the reins in May 2019, there was involvement of Raamdeo Agrawal, the
1.85 2.26
MIN FUND MEDIAN MAX marked improvement in the fund’s AMC’s promoter, who is widely
relative performance until this year’s regarded for his investment acumen,
0.29 2.75
market crash again caused a setback. is also confidence-inspiring. Besides,
Following the AMC’s QGLP as of May 2020, over 12 per cent of
Regular Direct S&P BSE 500 TRI (quality, growth, longevity and price) the fund’s AUM was held by AMC’s
framework, the fund screens for promoters, directors and senior
1.26 quality stocks from fundamentally management. Though this doesn’t
1-Year 2.20 sound franchises. It has maintained a guarantee performance, it does give a
1.46
high large-cap allocation of 75–85 per clear signal of their commitment to
-0.57
cent, which over the past few months their unit holders.
3-Year 0.35
2.32

6.34
8 lakh
45.92
Recent
rally 46.50
6 lakh
48.45
-35.50
Recent 4 lakh
-35.46
crash
-35.60 `6.70 lakh
Amount invested
2 lakh
Year REGULAR DIRECT

2015 2016 2017 2018 2019 2020 (YTD) 2015 2016 2017 2018 2019 2020 (YTD)
Rating
Quartile 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4
ranking*
Fund 14.60 8.45 43.05 -7.81 7.92 -8.14 15.74 9.35 44.42 -6.93 8.86 -7.60
return (%)
Category 3.19
return (%) 4.06 36.68 -5.41 9.78 -7.75 4.00 4.94 37.88 -4.42 10.96 -7.12
Investment style
Growth Blend Value
Large Medium Small
Fund style
Capitalisation


FUND PARAG PARIKH LONG TERM EQUITY FUND
REGULAR DIRECT
ANALYST’S
CH ICE A differentiated offering
T
Launch his fund has the flexibility to it has more of large caps. The overseas
May 2013 take cash calls and invest in leg features global giants such as
Fund manager international stocks for up to Alphabet, Facebook, Suzuki and
Rajeev Thakkar
Raunak Onkar one-third of its assets. Its allocation to Amazon, making up 25 per cent of its
Raj Mehta equities abroad should appeal to those portfolio. Apart from geographic
looking to diversify internationally, diversification, this helps the fund
Expense ratio (%) even more so to those who invest benefit from opportunities otherwise
DIRECT small amounts every month and not available in the India market.
1.05 1.10
MIN MEDIAN FUND MAX hence do not have the room for a This global exposure of its portfolio
separate international allocation. has provided a strong cushion against
0.15 2.38 The fund looks at companies with domestic market falls. This is evident
REGULAR high ROE, high ROCE, low debt, high from its outlier performance, when
1.97 2.26
MIN FUND MEDIAN MAX margins, pricing power and most of its peers have found it
reasonable growth prospects. Being difficult to contain losses.
0.29 2.75
value-oriented, it looks to buy such The fund’s management team is led
companies when they are at a by Rajeev Thakkar, who’s been at the
Regular Direct S&P BSE 500 TRI discount to their intrinsic value. If helm since the start. The fact that the
uncomfortable with valuation levels of fund house has only a few offerings
18.67 stocks on its buy list, it isn’t averse to ensures that the funds are managed
1-Year 19.69 sitting on cash for extended periods. with greater focus and responsibility.
1.46
While the India leg of the portfolio Overall, a differentiated fund. for
11.29
used to be mid-cap-heavy, currently one’s core growth portfolio.
3-Year 12.08
2.32

6.34
8 lakh
54.82
Recent
rally 55.37
6 lakh
48.45
-28.85
Recent 4 lakh
-28.81
crash
-35.60 `6.70 lakh
Amount invested
2 lakh
Year REGULAR DIRECT

2015 2016 2017 2018 2019 2020 (YTD) 2015 2016 2017 2018 2019 2020 (YTD)
Rating
Quartile 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4
ranking*
Fund 8.94 3.28 29.36 -0.43 14.43 9.42 9.51 3.86 30.10 0.16 15.34 9.99
return (%)
Category 3.19
return (%) 4.06 36.68 -5.41 9.78 -7.75 4.00 4.94 37.88 -4.42 10.96 -7.12
Investment style
Growth Blend Value
Large Medium Small
Fund style
Capitalisation


FUND SBI FOCUSED EQUITY FUND
REGULAR DIRECT
ANALYST’S
CH ICE Focused on performance
E
Launch arlier known as SBI Emerging picking approach.
October 2004 Businesses Fund, this fund has Since the fund is market-cap-
Fund manager been a consistent outperformer agnostic, its portfolio has been
R. Srinivasan
compared to the benchmark and peers flexible and the fund makes tactical
in eight of the last 10 years. changes based on market conditions.
The fund did extremely well in bull Managed in a growth style, the fund
Expense ratio (%) phases like 2009, 2014 and 2017, has a liking for quality stocks. In
DIRECT while managing the downside well in recent months, it has increased its
0.83 1.05
MIN FUND MEDIAN MAX 2011 and also during this year’s crash. large-cap exposure to 50–60 per cent,
This is a testament to the skills of its with 25–35 per cent mid-cap and
0.15 2.38 veteran fund manager, R. Srinivasan, 10–15 per cent small-cap exposure.
REGULAR who has been managing this fund Compared with other multi-cap
1.88 2.26
MIN FUND MEDIAN MAX since 2009. This has enabled it to funds, this fund has retained truly
shore up its ratings to five stars. diversified exposures across the
0.29 2.75
Being a focused equity fund, it market-cap spectrum. This could pay
carries less than 30 stocks in its off when the tide turns for mid- and
Regular Direct S&P BSE 500 TRI portfolio. A high concentration may small-cap stocks.
add a bit to the risk but can also pay Its expense ratio, at 0.85 per cent
1.65 off big if the fund manager’s bets for the direct plan, is quite low in
1-Year 2.74 work. Srinivasan is an apt fund comparison to the expense ratios of
1.46
manager to run such a strategy, its peers, giving you great value for
6.07
given his proven bottom-up stock- your money.
3-Year 7.14
2.32

6.34
8 lakh
31.36
Recent
rally 31.90
6 lakh
48.45
-31.90
Recent 4 lakh
-31.85
crash
-35.60 `6.70 lakh
Amount invested
2 lakh
Year REGULAR DIRECT

2015 2016 2017 2018 2019 2020 (YTD) 2015 2016 2017 2018 2019 2020 (YTD)
Rating
Quartile 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4
ranking*
Fund 4.33 2.22 44.73 -3.79 16.60 -7.85 5.35 3.13 45.98 -2.77 17.18 -7.26
return (%)
Category 3.19
return (%) 4.06 36.68 -5.41 9.78 -7.75 4.00 4.94 37.88 -4.42 10.96 -7.12
Investment style
Growth Blend Value
Large Medium Small
Fund style
Capitalisation


FUND TATA EQUITY PE FUND
REGULAR DIRECT
ANALYST’S
CH ICE Value out and out
A
Launch value-oriented long-term remainder in small caps. Under
June 2004 performer, this fund has seen Udasi, the number of stocks in the
Fund manager a dramatic turnaround in its portfolio has remained below 45 and
Sonam Udasi
Amey Sathe performance since Sonam Udasi took of late has been further brought down
over in 2016. below 40. This places the fund’s
The fund follows a methodical portfolio among the more high-
Expense ratio (%) approach to hunt for value. At least conviction ones in the category.
DIRECT 70 per cent of its portfolio is The fund usually doesn’t emerge
0.78 1.23
MIN FUND MEDIAN MAX mandated to be invested in stocks as a chart buster when bulls are
with a P/E ratio of less than 25. The raging but has shown reasonable
0.50 1.78 fund seeks to buy good stocks at skills in containing the downside
REGULAR cheap valuations and not ‘cheap’ when bears take over. It is also
1.96 2.09
MIN FUND MEDIAN MAX stocks per se. For instance, low level among the few equity funds that
of leverage is an important metric in actively take cash calls. In the past,
1.79 2.59
its investment framework. It prefers the fund has been comfortable
companies with ROEs and ROCEs of holding over 15 per cent of its AUM
Regular Direct S&P BSE 500 TRI 18 per cent or above. in cash. This attribute can lead to
Since being taken over by the underperformance over short periods
1.30 current fund manager, it has and test your patience.
1-Year 2.79 maintained 60–70 per cent allocation The expense ratio of the direct plan
1.46
to large caps, with 15–25 per cent is among the lowest in the category,
-0.16
allocation to mid-caps and the which adds to its value quotient.
3-Year 1.14
2.32

6.34
8 lakh
47.75
Recent
rally 48.47
6 lakh
48.45
-34.47
Recent 4 lakh
-34.40
crash
-35.60 `6.70 lakh
Amount invested
2 lakh
Year REGULAR DIRECT

2015 2016 2017 2018 2019 2020 (YTD) 2015 2016 2017 2018 2019 2020 (YTD)
Rating
Quartile 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 2 3 4 1 2 3 4
ranking*
Fund 0.31 16.18 39.38 -7.03 5.30 -6.68 0.97 16.92 40.65 -6.06 7.01 -5.89
return (%)
Category 2.40
return (%) 6.05 39.60 -8.53 2.39 -8.36 3.27 7.14 41.11 -7.64 3.41 -7.88
Investment style
Growth Blend Value
Large Medium Small
Fund style
Capitalisation


THE PLAN
Is this the right time to start

investing?
Paritosh (37) works for a pharmaceutical company. His in-hand monthly salary is
close to `1 lakh. He wants to start investing for his five-year-old daughter’s higher
education and his own retirement but is confused about whether this is the right time
to start, given the ongoing economic uncertainty. He also wants to know if he should
invest in equity or gold. He has a lump sum of `2 lakh ready to be invested. Here is a
plan for Paritosh.
INVESTMENTS (`)
INCOME & EXPENDITURE Bank account and FDs 7 lakh
Monthly expenses Home-loan EMI Surplus Public Provident Fund 6.4 lakh
`45,000 `27,000 `28,000 Tax-saving mutual funds 70,000
Monthly income LIABILITIES

Outstanding home loan 33 lakh
1,00,000
PARITOSH’S GOALS AND

HOW HE CAN ACHIEVE THEM
Daughter’s higher education Retirement
12 YEARS TO GOAL 23
`10 lakh COST AS OF TODAY `45,000/month
INFLATION ADJUSTED COST @ 6%
`20.12 lakh `4.16 cr

(corpus required on retirement)
HOW TO ACHIEVE IT
1. Start an SIP of `4,500 in 1.Invest `15,000 in equity-oriented funds

an aggressive hybrid fund. and increase the contribution every year by
2. Increase contribution by 10 per cent.
10% every year. 2. For this, use good tax-saving fund to the
3. Switch to multi-cap funds required extent. Tax-saving funds are
once you get comfortable multi-cap in nature with the added
with market movements. advantage of tax benefit under Section 80C.
4. Start moving towards fixed 3. For the remaining amount, use
income 18 months to 2 years aggressive hybrid funds in the beginning.
before the goal to avoid Once you get comfortable with the market
negative market surprises. ups and downs, move to multi-cap funds.

START INVESTING NOW DON’T THINK OF GOLD AS AN
z There is no good or bad time to start investing. What INVESTMENT
matters is that you choose the right investment avenue z Gold rises whenever there is economic uncertainty,
and invest systematically. as is the case currently, but it is not a productive asset.
z It is essential to formulate a good financial plan and Its value is derived not from some economic
stick to it through thick and thin to achieve your fundamentals but from perception. Gold prices are
financial goals. likely to come down once situation normalises. See
gold not as an investment but as a consumer good.
z Market and economic uncertainties seldom go away.
If one event is over, another arrives. Hence, don’t focus z Still, if you must invest in gold, allocate not more
on the short-term picture. Keep a long-term outlook. than 5–10 per cent of your portfolio to it. To invest in
gold, Sovereign Gold Bonds (SGBs) are the best option.
z If you delay investing, that may result in opportunity
On maturity, these bonds are redeemed for the
loss, as illustrated below.
prevailing gold prices and they also pay 2.5 per cent as
interest during their holding period.
ONE-YEAR DELAY COULD COST YOU

Worth of `15,000 invested
`2.21 cr monthly for the next 15 years INVESTING A LUMP SUM
z Paritosh has a lump sum of `2 lakh which he wants
to invest for his goals. Both his long-term goals –
Starting to invest the same
`1.94 cr amount after one year retirement and daughter’s higher education – are at
least 10 years away.
Assuming a return of 12% p.a. and investing till 60 years z He should invest this amount in an aggressive hybrid
fund. These funds are ideal for beginners as thanks to
their debt exposure, they are less volatile than pure
equity funds. Once he gets comfortable with market
THE RIGHT WAY TO CHOOSE volatility, he can shift to multi-cap funds.
AN INVESTMENT AVENUE z However, this amount should not be invested at one
go. Instead it should be spread over the next six
z Paritosh is thinking of gold as an months. Staggering the investment in equity reduces
investment avenue probably because the risk of entering the market at the wrong level and
its prices have skyrocketed over the helps you average your purchase cost.
last one year. But chasing recent
performance and returns is not the
right way to choose an investment.
z Your choice of an investment DON’T IGNORE THESE
avenue should be based on the time Emergency fund: Maintain an emergency fund
for which you want to invest the equivalent to at least six months’ expenses. It can be
money, the purpose for which you kept in a combination of liquid funds and a sweep-in
are investing and your risk appetite. fixed deposit. Given the ongoing crisis, a higher
So, make sure that you define your emergency fund than you would normally need is
goal first and then choose where to desirable.
invest.
Life insurance: Buy adequate term life insurance to
z Equity funds are ideal if your
financially protect your loved ones in your absence.
goals are more than five years away.
Ideally, the life cover should be at least 10–12 times of
If your goals are three to five years
your annual income. Purchase it before you start
away, then you should opt for short-
investing for any other goal.
duration debt funds. For short-term
goals, those that are due in one-two Health insurance: An unforeseen medical emergency
years, opt for liquid funds or ultra- can derail your financial plan. Buy health insurance
short-duration funds. that adequately covers all your family members.

ASK
EXPERT ADVICE
Need for a retirement corpus night funds. These avenues can provide
5QOGDQF[JCUOCFGUWHſEKGPVKPXGUVOGPVU slightly better returns at a low risk.
KPOWVWCNHWPFUVQUWRRQTVPGEGUUCT[ The stock market can be highly volatile
OQPVJN[KPEQOGYKVJCYKVJFTCYCNTCVGQH and uncertain. Currently, there is a lot of
RGTEGPV+UKVUVKNNPGEGUUCT[HQTVJGRGT- apprehension in the market, given the
UQPVQETGCVGCTGVKTGOGPVEQTRWUQTJCXG grim economic outlook, yet the market is
Don’t jump into VGTOKPUWTCPEG! rising. It has almost recovered from the
the market – AKHIL fall that happened in March. But it is dif-
based on the You need term insurance until you have ficult to predict short-term market move-
recent rally. sufficient money which can support your ments. Hence, you should not invest your
Invest in family in your absence. If you have been deposit money in the market. If it is your
able to build the necessary corpus that can long-term money (five years or more) and
equities only for
support your family, you don’t need any you are okay with market volatility, only
the long term
term plan. But till then, consider term then consider SIPs in equity funds.
and through
insurance as a necessary expense for the
SIPs. well-being of your family. Insurance or mutual funds
With regard to the need for retirement +JCXGCPQRVKQPVQKPXGUVKPCIWCTCPVGGF
corpus, make sure that there is no other RNCPQH6CVC#+#5JQWNF+KPXGUVKPOWVWCN
expense that can claim this money. This HWPFUKPUVGCF!
money should be earmarked only for your – RAMESH
retirement. If you have other goals, plan for Buying an insurance product means get-
them separately. Further, if a 5-6 per cent ting financial protection for your family.
annual withdrawal is sufficient for your So, go for an insurance plan that will give
expenses, then this accumulation can act you enough protection. Term plans are
as your retirement fund. best for this purpose as they get you a
large cover at a nominal cost. However,
For life
From FDs to equity the premium itself is not accumulated.
(&TCVGUCTGHCNNKPIQPCOQPVJN[DCUKU The product that you have mentioned
insurance, term (QTUGPKQTEKVK\GPUVJGTCVGUCTGPQY looks like an endowment insurance poli-
plans are best UQOGYJGTGCTQWPFRGTEGPV9KVJVJG cy. You should avoid such policies as they
as you can get OCTMGVIGVVKPIDGVVGTUJQWNF+ CUGPKQT neither provide sufficient insurance, nor
a large cover at EKVK\GP VTCPUHGTOQPG[HTQO(&UVQGSWKV[ good returns. Never consider insurance as
a nominal cost HWPFUVJTQWIJ5+2UQXGTVJGPGZVVJTGGHQWT an investment. Because when you mix
OQPVJU! them, you don’t get the good of either.
– S.P.S JAIN Investment by definition is postponing
No. Generally, when one invests in a consumption. You are accumulating
deposit, the primary expectation is that money to get a higher return for a future
there will not be any value erosion. And if requirement. Where you invest is a func-
this is your expectation too, then you tion of how long you want to invest
should not invest in equity funds or any money. Opt for equity funds if you have a
market-linked investment product. For long-term horizon. If you have a short-
you, there are only limited alternatives, time horizon, look for other suitable
including short-duration, liquid and over- investment options or debt funds.

GURGEKCNN[KHCRGTUQPECPFQVJGCUUGV
Investing for daughter’s DCNCPEKPIQPJKUJGTQYP!
education
+YCPVVQKPXGUVCDQWV`GXGT[OQPVJ – MAMTA
HQTO[FCWIJVGTŏUJKIJGTGFWECVKQP5JGKU Yes, this is one of the ways to invest in a

EWTTGPVN[HQWT[GCTUQNF9JKEJKPXGUVOGPV combination of equity and debt instead of
QRVKQPYQWNF[QWTGEQOOGPF! aggressive hybrid funds. But this arrange-
– RASHMI ment can have some issues. If equity goes
The less
If you are a first-time investor, then go for down, you will have to do some kind of
volatility of
an aggressive hybrid fund. After at least premature encashment of the fixed deposit
three years of making this investment, you and put money in equity. How often you
aggressive
can consider moving to an all-equity fund. can do it is also a concern. hybrid funds
Aggressive hybrid funds have 20–35 per When it comes to tax efficiency, debt makes them
cent debt exposure and hence they are funds are far better than fixed deposits. more suitable
less volatile than pure equity funds. This But don’t consider fancy debt funds. for first-time
makes them suitable for first-time inves- Instead, be very conservative and opt for a investors
tors. As you get accustomed to volatility, liquid fund or maybe an ultra-short-term
you can switch to pure equity funds. bond fund. But if you find debt funds
Although `2,500 a month is a good complex, then go ahead with the combi-
start, try to increase it every year. Annual nation of bank deposits and equity funds.
increments can make a big difference to
your final corpus. Saving via overnight funds
+UKVQMC[HQTOGVQRWVCNNO[UWTRNWUKP
Focused vs regular funds QXGTPKIJVHWPFU!&Q[QWVJKPMVJCVKVŏUCU
*QYKUCHQEWUGFOWNVKECRHWPFFKHHGTGPV IQQFCUO[DCPMCEEQWPV!
HTQOCTGIWNCTOWNVKECRHWPF! – ANONYMOUS Focused multi-
– NOOTHI Yes, by their very design, overnight funds cap funds can
By norm, focused funds cannot have more could be a little safer than your savings have a
than 30 stocks. If you go right with your bank account. If you are faced with a situ- maximum of
focused strategy, then it can turn out to be ation like that at Yes Bank, money parked 30 stocks
much more rewarding. But then, you may in overnight funds is unlikely to get stuck
be taking a higher risk as well. Regular as it’s invested in overnight instruments.
multi-cap funds, on the other hand, tend So, in that sense they could provide better
to be more diversified and have some- diversification.
where around 40–50 stocks. Most individual investors will also be
able to get moderately higher returns with-
DIY hybrid out assuming any meaningful risk, even
+PUVGCFQHDCNCPEGFHWPFUYQWNFKVDGDGV- with most conservative liquid funds. Do
VGTVQKPXGUVKPRWTGFKXGTUKſGFGSWKV[HWPFU not look for the highest-return-providing
RNWUDCPM(&UHQTVJGFGDVRQTVKQPIKXGP liquid fund, but a combination of liquid
VJGEQORNGZCPFPQVUQIQQFFGDVOCTMGV and overnight funds is reasonably safe.
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 126 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 109
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, 18
mid and small caps 66 allocation with a minimum 10% in all three
Sectoral/ At least 80% in a particular

thematic* sector or theme 118 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 6
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** 29
Short duration Instruments with Macaulay duration between 1 year and 3 years 30
Money market Money-market instruments having maturity up to 1 year 20
Low duration Instruments with Macaulay duration between 6 and 12 months 29
Ultra short duration Instruments with Macaulay duration between 3 and 6 months 30
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 34
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 30
Banking and PSU At least 80% in the debt instruments of banks, PSUs, public financial institutions and municipal bonds 20
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 740
*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 0.5 3.2 5.6 8.3 87 69 0.7 3.0 6.1 52 49
1 ABSL Focused Eqt 1.2 1.3 5.5 10.5 67 44 2.10 58.32 2.1 2.4 6.6 33 17 1.11 62.71 3811
2 ABSL Frontline Eqt -2.6 -0.3 4.5 9.5 76 57 1.85 210.44 -2.0 0.6 5.5 42 38 1.10 224.93 16662
3 ABSL Index 0.1 3.3 5.5 7.4 49 45 0.58 109.21 0.3 3.6 5.7 27 36 0.33 110.04 189
4 ABSL Nifty ETF NR 0.4 4.2 6.5 - 31 15 0.05 121.16 NR - - - - - - - 164
5 ABSL Nifty Next 50 ETF NR 4.3 - - - - - 0.05 271.96 NR - - - - - - - 64
6 ABSL Sensex ETF NR 1.5 2.6 - - 61 - 0.08 354.93 NR - - - - - - - 13
7 Axis Bluechip 4.6 8.6 8.7 10.7 4 2 1.70 30.23 5.9 10.1 10.0 1 1 0.43 33.04 14522
8 Axis Nifty 100 Index NR - - - - - - 1.00 9.51 NR - - - - - 0.15 9.57 345
9 Axis Nifty ETF NR 0.4 4.3 - - 28 - 0.07 114.64 NR - - - - - - - 16
10 Baroda Large Cap 3.0 1.4 3.2 3.6 66 - 2.56 14.35 3.8 2.2 4.0 35 - 1.85 15.13 32
11 BHARAT 22 ETF NR -27.2 - - - - - 0.01 25.66 NR - - - - - - - 5070
12 BNP Paribas Large Cap 4.7 4.0 5.4 11.2 37 46 2.36 92.60 5.8 5.3 6.7 7 14 1.22 100.64 782
13 Canara Robeco Bluechip Eqt 9.9 7.1 7.9 - 5 4 2.54 26.69 11.4 8.4 9.2 2 2 1.03 28.83 533
14 DSP Equal Nifty 50 NR -4.6 - - - - - 0.79 8.87 NR -4.2 - - - - 0.37 8.99 100
15 DSP Nifty 50 Index NR -0.3 - - - - - 0.39 10.31 NR -0.1 - - - - 0.21 10.34 59
16 DSP Nifty Next 50 Index NR 2.8 - - - - - 0.58 10.33 NR 3.1 - - - - 0.29 10.37 63
17 DSP Top 100 Equity -0.5 -0.2 3.7 7.6 75 63 2.17 196.49 0.2 0.5 4.4 43 45 1.43 206.39 2190
18 Edelweiss ETF Nifty 100 Quality 30 NR 6.3 5.4 - - 18 - 0.28 279.83 NR - - - - - - - 17
19 Edelweiss ETF Nifty 50 NR 0.2 4.3 6.9 - 24 10 0.07 11971.89 NR - - - - - - - 2
20 Edelweiss Large Cap 2.5 4.0 5.7 9.9 36 38 2.52 35.38 4.1 5.2 6.7 8 15 0.59 37.65 177
21 Essel Large Cap Equity -0.8 0.0 5.2 - 73 49 2.45 22.15 0.8 1.5 6.7 39 16 0.53 24.53 80
22 Franklin Bluechip -4.3 -2.1 2.6 7.6 85 67 1.96 417.99 -3.6 -1.3 3.4 49 47 1.23 445.02 5112
23 Franklin Index NSE Nifty -0.7 3.1 5.3 7.5 54 48 0.67 87.48 -0.2 3.5 5.7 29 35 0.26 90.14 311
24 HDFC Index Nifty 50 -0.2 3.9 6.1 8.0 39 28 0.30 101.11 -0.1 4.1 6.3 18 24 0.10 102.44 1621
25 HDFC Index Sensex 0.6 5.6 6.9 8.4 16 11 0.30 335.23 0.9 5.8 7.0 5 8 0.10 340.30 1349
26 HDFC Nifty 50 ETF NR 0.3 4.3 - - 27 - 0.05 1166.37 NR - - - - - - - 421
27 HDFC Sensex ETF NR 1.3 6.1 - - 9 - 0.05 3988.49 NR - - - - - - - 98
28 HDFC Top 100 -11.3 -1.4 4.0 7.9 81 61 1.88 425.30 -10.8 -0.7 4.7 45 44 1.28 446.72 15482
29 HSBC Large Cap Eqt 0.1 2.0 6.1 7.7 64 27 2.49 207.45 1.1 2.8 6.9 31 10 1.56 219.93 583
30 ICICI Pru BHARAT 22 FOF NR -26.7 - - - - - 0.01 7.61 NR -26.7 - - - - 0.01 7.61 15
31 ICICI Pru Bluechip -1.0 2.2 6.0 10.3 63 31 1.79 40.39 -0.4 3.0 6.9 30 11 1.10 43.06 22875
32 ICICI Pru Nifty 100 ETF NR 0.6 3.4 6.2 - 47 24 0.46 120.61 NR - - - - - - - 12
33 ICICI Pru Nifty ETF NR 0.4 4.3 6.5 - 29 13 0.05 117.16 NR - - - - - - - 1345
34 ICICI Pru Nifty Index 0.0 3.5 5.7 8.0 44 36 0.45 107.54 0.4 3.9 6.1 23 27 0.10 110.83 925
35 ICICI Pru Nifty Low Vol 30 ETF NR 7.9 6.7 - - 6 - 0.42 93.20 NR - - - - - - - 111
36 ICICI Pru Nifty Next 50 ETF NR 3.4 - - - - - 0.15 27.13 NR - - - - - - - 56
37 ICICI Pru Nifty Next 50 Index 2.7 -1.3 5.5 8.7 79 42 0.85 23.73 3.1 -0.9 6.0 48 32 0.39 24.53 729
38 ICICI Pru NV20 ETF NR 5.9 8.7 - - 3 - 0.15 57.00 NR - - - - - - - 7
39 ICICI Pru Sensex ETF NR 1.4 6.1 7.2 9.1 13 8 0.08 403.86 NR - - - - - - - 30
40 ICICI Pru Sensex Index NR 1.5 - - - - - 0.30 11.83 NR 1.7 - - - - 0.10 11.91 127
41 IDBI Focused 30 Eqt NR 3.6 - - - - - 2.47 9.74 NR 4.7 - - - - 1.58 10.24 151
42 IDBI India Top 100 Eqt 3.8 0.1 3.6 - 72 64 2.58 24.12 5.0 1.7 5.0 38 42 1.38 26.19 341
43 IDBI Nifty Index -0.6 2.9 4.9 7.1 59 55 1.03 20.40 0.2 3.9 6.0 22 30 0.30 21.76 196
44 IDBI Nifty Junior Index 3.1 -1.6 4.9 - 83 54 1.04 20.28 3.6 -0.8 6.0 46 31 0.49 21.61 46
45 IDFC Large Cap 5.9 3.1 6.0 8.0 52 30 2.58 32.87 6.9 4.1 7.3 19 6 1.58 35.56 439
46 IDFC Nifty 0.7 4.2 6.3 8.5 32 21 0.30 23.19 0.9 4.3 6.4 13 20 0.15 23.36 208
47 IDFC Nifty ETF NR 0.6 4.4 - - 21 - 0.06 115.40 NR - - - - - - - 2
48 IDFC Sensex ETF NR 1.5 6.1 - - 11 - 0.20 392.30 NR - - - - - - - 1
49 Indiabulls Bluechip -4.8 0.5 4.7 - 71 56 2.43 19.44 -3.4 2.1 6.4 36 19 1.03 21.79 127
S&P BSE 100 Total Return Index 0.8 3.6 6.6 8.8
Performance as on July 31, 2020 AUM and Expense Ratio as on June 30, 2020


Equity: Large Cap 0.5 3.2 5.6 8.3 87 69 0.7 3.0 6.1 52 49
50 Indiabulls Nifty 50 ETF NR 1.5 - - - - - 0.12 113.49 NR - - - - - - - 11
51 Invesco India Large Cap 3.6 3.1 5.7 9.1 51 37 2.62 28.53 4.9 4.7 7.4 10 4 1.40 31.93 208
52 Invesco India Nifty ETF NR 0.4 4.3 6.5 - 30 14 0.10 1190.74 NR - - - - - - - 2
53 JM Core 11 -7.4 -2.7 4.9 5.0 87 53 1.62 7.74 -5.8 -1.3 6.5 50 18 1.22 8.54 47
54 JM Large Cap 5.4 3.0 4.0 6.5 58 62 1.99 68.99 6.4 4.0 5.3 20 40 0.48 74.81 513
55 Kotak Bluechip 4.6 3.0 5.5 8.9 55 43 2.28 234.78 5.8 4.2 6.8 15 12 1.14 254.37 1502
56 Kotak Nifty ETF NR 0.2 4.2 6.2 8.4 33 25 0.14 115.13 NR - - - - - - - 1031
57 Kotak NV 20 ETF NR 5.6 8.8 - - 2 - 0.13 58.04 NR - - - - - - - 13
58 Kotak Sensex ETF NR 1.1 5.9 7.0 8.8 15 9 0.28 390.15 NR - - - - - - - 13
59 L&T India Large Cap -0.4 1.8 4.2 8.4 65 60 2.61 26.50 0.5 2.7 5.0 32 41 1.64 28.03 509
60 L&T Nifty 50 Index Fund NR - - - - - - 0.69 12.39 NR - - - - - 0.24 12.41 32
61 L&T Nifty Next 50 Index Fund NR - - - - - - 0.66 11.64 NR - - - - - 0.21 11.65 17
62 LIC MF ETF Nifty 100 NR 0.8 3.5 - - 45 - 0.26 117.15 NR - - - - - - - 291
63 LIC MF ETF Nifty 50 NR 0.6 4.3 - - 23 - 0.10 116.49 NR - - - - - - - 473
64 LIC MF ETF Sensex NR 1.3 6.2 - - 7 - 0.10 398.40 NR - - - - - - - 372
65 LIC MF Index Nifty -0.2 3.1 5.2 7.5 53 50 1.03 61.13 0.2 3.6 5.7 26 37 0.48 63.47 24
66 LIC MF Index Sensex 0.8 5.0 5.8 7.7 20 33 1.08 70.08 1.1 5.4 6.3 6 22 0.58 72.76 23
67 LIC MF Large Cap 1.7 2.4 4.2 7.7 62 59 2.63 26.34 2.6 3.5 5.3 28 39 1.60 28.20 336
68 Mahindra Mnulife Largecap Prgti Yjn NR -0.2 - - - - - 2.60 9.73 NR 1.8 - - - - 0.68 10.00 92
69 Mirae Asset Large Cap 0.6 3.6 8.0 12.5 43 3 1.66 49.76 1.8 4.6 9.0 11 3 0.62 53.31 16381
70 Mirae Asset Nifty 50 ETF NR 0.4 - - - - - 0.07 112.50 NR - - - - - - - 157
71 Mirae Asset Nifty Next 50 ETF NR - - - - - - 0.14 269.72 NR - - - - - - - 34
72 Motilal Oswal Focused 25 7.8 3.0 5.9 - 56 32 2.28 22.65 9.2 4.3 7.3 14 5 0.88 24.98 1199
73 Motilal Oswal M50 ETF NR 0.1 3.8 5.8 7.0 40 34 0.05 108.51 NR - - - - - - - 26
74 Motilal Oswal Nifty 50 Index NR - - - - - - 0.50 9.10 NR - - - - - 0.10 9.13 41
75 Motilal Oswal Nifty Next 50 Index Fund NR - - - - - - 0.95 9.47 NR - - - - - 0.30 9.50 36
76 Nippon India ETF Junior BeES NR 4.1 -0.3 6.0 9.3 77 29 0.15 280.45 NR - - - - - - - 1171
77 Nippon India ETF Nifty 100 NR -0.1 2.6 5.6 - 60 40 0.97 115.23 NR - - - - - - - 6
78 Nippon India ETF Nifty BeES NR 0.4 4.4 6.4 8.6 22 17 0.05 117.82 NR - - - - - - - 2705
79 Nippon India ETF NV20 NR 7.2 9.3 8.9 - 1 1 0.37 58.95 NR - - - - - - - 23
80 Nippon India ETF Sensex NR 1.3 6.1 7.2 - 12 6 0.07 404.30 NR - - - - - - - 22
81 Nippon India ETF Sensex Next 50 NR -4.7 - - - - - 0.25 28.53 NR - - - - - - - 11
82 Nippon India ETF Shariah BeES NR 14.4 6.1 7.7 8.9 14 5 1.05 282.58 NR - - - - - - - 3
83 Nippon India Index Nifty -0.8 3.2 5.3 - 50 47 1.14 18.47 0.2 4.0 6.0 21 29 0.10 19.30 212
84 Nippon India Index Sensex 0.7 5.2 6.2 - 19 26 0.34 18.60 1.3 5.9 6.8 4 13 0.10 19.34 85
85 Nippon India Junior BeES FoF NR 3.1 - - - - - 0.28 9.80 NR 3.4 - - - - 0.02 9.84 65
86 Nippon India Large Cap -11.9 -1.6 3.3 9.0 82 66 1.76 29.35 -11.1 -0.7 4.4 44 46 1.02 31.39 9983
87 PGIM India Large Cap -1.7 0.9 4.4 7.6 69 58 2.48 161.85 -0.3 2.4 6.0 34 33 0.99 178.15 282
88 Principal Nifty 100 Equal Weight -0.5 -1.8 2.3 6.0 84 68 0.96 66.07 -0.4 -1.5 2.7 51 48 0.72 68.18 16
89 Quant Focused NR 3.9 2.8 6.5 10.8 - - 2.48 31.72 NR 5.5 3.7 7.0 - - 0.57 32.20 4
90 Quantum Nifty ETF NR 0.2 4.2 6.4 8.6 34 19 0.09 1141.73 NR - - - - - - - 7
91 SBI Bluechip -1.6 0.9 5.1 10.1 68 51 1.89 37.68 -0.8 1.9 6.2 37 26 1.03 40.29 20783
92 SBI ETF BSE 100 NR 0.4 3.3 6.4 - 48 20 0.14 115.86 NR - - - - - - - 4
93 SBI ETF Nifty 50 NR 0.3 4.3 6.6 - 26 12 0.07 114.42 NR - - - - - - - 67765
94 SBI ETF Nifty Next 50 NR 3.9 -0.5 6.4 - 78 18 0.16 277.27 NR - - - - - - - 475
95 SBI ETF Quality NR 11.1 - - - - - 0.50 100.84 NR - - - - - - - 19
96 SBI ETF Sensex NR 1.4 6.1 7.2 - 10 7 0.07 402.16 NR - - - - - - - 26642
97 SBI ETF Sensex Next 50 NR -4.7 - - - - - 0.12 288.85 NR - - - - - - - 4
98 SBI Nifty Index -0.8 3.4 5.6 7.6 46 39 0.49 94.87 -0.3 3.8 6.1 25 28 0.14 97.98 907


Equity: Large Cap 0.5 3.2 5.6 8.3 87 69 0.7 3.0 6.1 52 49
99 Sundaram Select Focus -0.2 3.8 6.3 7.3 41 22 2.42 176.56 0.6 5.0 7.2 9 7 1.43 186.35 977
100 Sundaram Smart NIFTY 100 Equal Wght -0.8 -2.5 - - 86 - 0.95 10.88 -0.4 -1.8 - 52 - 0.43 11.16 21
101 Tata Index Nifty -0.3 3.7 5.7 7.7 42 35 1.00 67.12 0.3 4.1 6.2 17 25 0.05 71.46 47
102 Tata Index Sensex 0.7 5.5 6.5 7.9 17 16 1.00 93.16 1.5 6.0 7.0 3 9 0.05 96.58 25
103 Tata Large Cap -6.1 0.0 3.5 7.6 74 65 2.57 203.47 -5.2 1.2 4.9 41 43 1.71 222.70 679
104 Tata Nifty ETF NR 0.6 - - - - - 0.07 112.83 NR - - - - - - - 143
105 Taurus Largecap Equity -2.0 -1.4 1.3 5.4 80 69 2.57 69.98 -1.7 -0.9 2.1 47 49 2.42 73.67 22
106 Taurus Nifty Index NR 0.3 4.0 5.6 7.5 38 41 1.09 20.91 NR 0.6 4.4 6.3 12 23 0.74 21.98 1
107 Union Large Cap 0.8 0.7 - - 70 - 2.55 10.48 1.3 1.4 - 40 - 1.87 10.72 175
108 UTI Mastershare 1.8 3.0 5.0 8.9 57 52 1.88 119.64 2.6 3.8 5.8 24 34 1.22 125.47 5886
109 UTI Nifty ETF NR 0.3 4.3 - - 25 - 0.07 1177.00 NR - - - - - - - 16502
110 UTI Nifty Index 0.1 4.1 6.3 8.1 35 23 0.17 72.85 0.2 4.2 6.4 16 21 0.10 73.50 2362
111 UTI Nifty Next 50 ETF NR 4.2 - - - - - 0.15 277.98 NR - - - - - - - 343
112 UTI Nifty Next 50 Index NR 3.5 - - - - - 0.77 9.60 NR 4.0 - - - - 0.27 9.72 588
113 UTI S&P BSE Sensex Next 50 ETF NR -4.8 - - - - - 0.22 288.19 NR - - - - - - - 13
114 UTI Sensex ETF NR 1.4 6.2 - - 8 - 0.07 399.66 NR - - - - - - - 7521
Equity: Large & MidCap 0.9 -0.2 5.1 9.8 21 20 2.0 1.1 6.1 20 20
115 ABSL Eqt Advantage 1.2 -3.1 4.3 9.1 18 13 2.07 379.81 2.1 -2.1 5.4 18 12 1.08 405.16 4093
116 Axis Growth Opportunities NR 6.6 - - - - - 2.15 11.64 NR 8.4 - - - - 0.46 12.02 1174
117 BOI AXA Large & Midcap Eqt 5.3 -1.0 3.3 6.6 12 16 2.75 33.24 6.6 0.2 4.5 12 16 1.60 36.24 163
118 Canara Robeco Emerging Equities 7.1 2.2 7.9 15.4 6 2 1.97 93.58 8.4 3.4 9.1 6 2 0.77 101.35 5162
119 DSP Equity Opp 2.2 0.9 6.7 9.8 9 5 1.98 214.20 3.2 1.9 7.8 9 7 1.00 228.03 4733
120 Edelweiss Large & Midcap 2.7 3.0 5.6 9.1 3 9 2.50 30.78 4.3 4.3 6.8 3 10 0.92 33.55 464
121 Essel Large & Midcap NR -5.2 -1.0 - - - - 2.60 13.86 NR -3.5 0.7 - - - 0.72 15.04 91
122 Franklin Eqt Advantage -10.6 -4.2 0.7 8.0 19 20 2.13 66.94 -9.7 -3.4 1.5 19 20 1.14 70.86 1952
123 HDFC Growth Opportunities -6.0 -2.2 1.8 5.1 16 18 2.37 101.19 -5.8 -2.0 2.0 16 18 2.12 102.57 1221
124 HSBC Large and Midcap Eqt NR 0.1 - - - - - 2.42 9.43 NR 1.7 - - - - 0.81 9.64 580
125 ICICI Pru Large & Midcap -5.9 -2.0 4.3 8.6 15 14 2.20 291.51 -5.2 -1.1 5.3 15 13 1.30 312.39 2682
126 ICICI Pru Midcap Select ETF NR -1.5 -4.4 - - 20 - 0.45 59.09 NR - - - - - - - 19
127 IDFC Core Equity -3.6 -1.8 4.5 7.0 14 12 2.09 40.69 -2.5 -0.5 6.1 14 11 0.88 44.73 2071
128 Invesco India Growth Opp 2.6 3.4 6.4 10.5 2 7 2.09 33.24 3.7 4.7 8.0 2 6 0.69 36.98 2498
129 Kotak Equity Opportunities 5.3 2.3 6.9 10.2 5 4 2.07 120.61 6.4 3.5 8.2 5 4 0.89 130.69 3298
130 L&T Large and Midcap 2.2 -1.2 4.0 9.6 13 15 2.31 45.13 3.0 -0.4 4.9 13 15 1.40 47.78 1104
131 LIC MF Large & Midcap 1.4 1.3 6.7 - 8 6 2.54 14.49 3.0 2.8 8.2 8 5 1.00 15.54 662
132 Mahindra Manulife Top 250 Nivsh Yjn NR - - - - - - 2.51 9.41 NR - - - - - 0.62 9.51 207
133 Mirae Asset Emerging Bluechip 7.4 5.0 11.6 18.2 1 1 1.76 54.94 8.5 6.0 12.5 1 1 0.85 58.89 9834
134 Motilal Oswal Large and Midcap NR - - - - - - 2.49 9.40 NR - - - - - 0.64 9.53 438
135 Nippon India Vision -3.3 -5.1 1.0 6.0 21 19 2.17 477.32 -2.8 -4.5 1.7 20 19 1.76 500.32 2171
136 Principal Emerging Bluechip 6.5 0.7 7.3 12.6 11 3 2.14 102.19 7.7 1.8 8.4 10 3 1.01 109.86 1918
137 Quant Large & Midcap NR 16.2 2.8 8.8 11.5 - - 2.48 40.03 NR 16.3 3.1 8.9 - - 2.38 40.79 5
138 SBI Large & Midcap -2.9 0.8 4.6 9.5 10 11 2.18 205.73 -2.2 1.6 5.2 11 14 1.48 214.26 2619
139 Sundaram Large & Midcap -1.9 2.0 6.3 8.8 7 8 2.22 32.12 -0.7 3.2 7.3 7 8 0.78 34.11 1113
140 Tata Large & Midcap 1.0 2.6 5.6 9.6 4 10 2.17 203.98 2.2 4.0 7.1 4 9 1.15 223.42 1494
141 Union Large & Midcap NR - - - - - - 2.49 9.90 NR - - - - - 1.44 9.96 198
142 UTI Core Equity -4.9 -2.6 1.9 7.5 17 17 2.39 55.79 -4.4 -2.1 2.4 17 17 2.11 57.73 713
S&P BSE Large Mid Cap TRI 1.1 3.1 6.5 8.9
S&P BSE Sensex Total Return Index 1.5 6.2 7.3 9.2


Equity: Multi Cap 1.2 1.1 5.1 9.0 42 40 2.4 2.1 6.1 42 40
143 ABSL Bal Bhavishya Yojna Wealth NR 2.9 - - - - - 2.60 9.99 NR 4.9 - - - - 0.70 10.28 250
144 ABSL Equity -0.7 -0.1 6.3 9.9 27 13 1.94 683.61 0.2 0.9 7.3 26 13 0.97 733.08 10175
145 ABSL Retirement 30s NR 3.0 - - - - - 2.65 9.62 NR 5.1 - - - - 1.00 9.87 137
146 Axis Focused 25 4.0 5.4 9.0 - 7 4 2.01 28.40 5.2 6.7 10.3 6 4 0.63 31.13 10399
147 Axis Multicap NR 3.7 - - - - - 2.07 11.92 NR 5.1 - - - - 0.48 12.43 5976
148 Baroda Multi Cap 0.7 -0.7 3.2 6.3 31 31 2.50 94.17 1.5 0.2 4.1 32 32 1.80 100.69 742
149 BNP Paribas Focused 25 Eqt NR 2.4 - - - - - 2.47 9.55 NR 3.8 - - - - 1.11 9.93 179
150 BNP Paribas Multi Cap -0.1 -0.8 4.0 10.1 32 27 2.43 45.09 1.2 0.7 5.6 27 22 1.05 50.30 548
151 BOI AXA Multi Cap Fund NR - - - - - - - 10.52 NR - - - - - - 10.54 32
152 Canara Robeco Eqt Diversified 7.6 6.0 6.7 10.0 5 10 2.23 138.81 9.1 6.9 7.6 5 10 0.79 146.36 2107
153 DSP Equity 4.3 3.4 6.6 9.6 11 11 2.06 38.88 5.3 4.3 7.4 11 12 1.12 41.82 3414
154 DSP Focus 2.1 0.8 4.5 8.1 20 23 2.18 22.68 3.2 1.7 5.3 21 23 1.08 24.03 1705
155 Edelweiss Multi Cap -1.5 2.1 5.5 - 15 20 2.49 13.72 0.3 3.6 6.7 15 20 0.70 14.61 510
156 Essel Multi Cap NR -2.8 - - - - - 2.60 9.90 NR -0.9 - - - - 0.53 10.34 176
157 Franklin Equity -3.8 -2.0 3.0 9.8 35 34 1.86 531.89 -3.0 -1.1 4.0 35 33 1.11 570.36 8364
158 Franklin Focused Eqt -8.8 -1.4 3.2 11.2 33 32 1.91 36.05 -8.0 -0.4 4.3 33 31 1.11 39.00 7097
159 HDFC Equity -13.6 -2.8 3.1 7.8 38 33 1.80 558.60 -13.1 -2.1 3.9 38 34 1.20 591.54 18495
160 HDFC Focused 30 -10.9 -5.7 1.1 5.3 42 37 2.53 65.86 -10.1 -4.8 2.1 42 37 1.68 70.30 441
161 HDFC Retrmnt Savings Eqt -0.4 0.0 - - 26 - 2.58 16.06 0.8 1.4 - 24 - 1.18 17.16 853
162 HSBC Focused Eqt Fund NR - - - - - - - 9.95 NR - - - - - - 9.96 -
163 HSBC Multi Cap Eqt 0.1 -2.0 3.6 9.1 36 29 2.51 79.60 1.2 -1.1 4.5 36 30 1.38 84.63 321
164 ICICI Pru Focused Equity 4.5 2.9 5.5 8.6 13 19 2.75 30.36 5.6 4.0 6.7 12 19 1.48 32.73 681
165 ICICI Pru Multicap -8.6 -0.4 4.2 9.0 28 25 2.06 257.61 -7.7 0.6 5.3 29 25 1.02 275.39 5099
166 ICICI Pru Retrmnt Pure Eqt NR -6.4 - - - - - 2.44 9.52 NR -4.4 - - - - 0.97 9.80 63
167 ICICI Pru S&P BSE 500 ETF NR 1.1 - - - - - 0.29 147.25 NR - - - - - - - 46
168 ICICI Prudential India Eqt FOF NR - - - - - - 1.06 9.21 NR - - - - - 0.15 9.24 21
169 IDBI Diversified Eqt 5.6 1.4 3.5 - 17 30 2.61 20.72 7.0 3.1 5.1 17 26 1.18 22.50 272
170 IDFC Focused Equity 11.3 0.5 6.0 7.1 23 16 2.22 37.11 12.8 2.1 7.6 18 9 0.86 40.93 1264
171 IDFC Multi Cap -3.8 -1.7 2.0 10.2 34 36 2.00 84.20 -3.2 -1.0 2.7 34 36 1.32 88.86 4556
172 IIFL Focused Equity 8.7 6.0 9.3 - 4 3 2.27 17.42 10.2 7.6 10.7 3 2 0.90 18.75 842
173 Invesco India Multicap NR 2.7 -0.6 3.8 12.3 - - 2.47 44.75 NR 4.1 0.9 5.4 - - 1.11 49.90 846
174 ITI Multi Cap NR -4.0 - - - - - 2.63 9.57 NR -1.9 - - - - 0.48 9.82 122
175 JM Multicap -0.8 0.7 6.1 7.5 22 15 2.50 30.76 0.0 1.5 7.3 23 14 1.32 33.23 125
176 Kotak Focused Equity NR 0.9 - - - - - 2.11 10.11 NR 2.7 - - - - 0.39 10.30 1592
177 Kotak Standard Multicap -0.3 2.2 7.2 11.5 14 7 1.69 34.05 0.7 3.3 8.3 16 8 0.73 36.68 27976
178 L&T Equity -0.4 0.4 4.1 8.7 25 26 2.15 78.39 0.3 1.2 4.9 25 28 1.39 82.58 2189
179 L&T Focused Equity NR 5.3 - - - - - 2.51 10.99 NR 6.5 - - - - 1.39 11.20 691
180 LIC MF Multicap -0.1 1.1 2.3 5.8 18 35 2.58 45.52 0.6 2.0 3.0 19 35 1.68 47.97 277
181 Mahindra Manulife MultiCap Bdht Yjn 5.8 1.7 - - 16 - 2.62 11.06 7.6 3.7 - 13 - 0.86 11.83 312
182 Mirae Asset Focused NR 10.2 - - - - - 1.91 11.34 NR 12.1 - - - - 0.37 11.58 2921
183 Motilal Oswal Multicap 35 1.3 -0.6 6.2 - 29 14 1.85 24.92 2.2 0.4 7.1 30 16 0.81 26.45 10562
184 Motilal Oswal Nifty 500 NR - - - - - - 1.03 10.13 NR - - - - - 0.38 10.19 47
185 Nippon India Focused Equity -4.6 -2.4 3.8 10.3 37 28 1.98 42.27 -3.9 -1.6 4.7 37 29 1.54 44.94 3514
186 Nippon India Multi Cap -17.8 -4.9 -0.4 8.1 40 40 1.84 75.19 -17.2 -4.2 0.3 40 40 1.31 79.55 7394
187 Nippon India Retrmnt Wealth Creation -13.9 -5.2 0.8 - 41 38 2.04 10.90 -13.1 -4.3 2.1 41 38 1.26 11.69 1390
188 Parag Parikh Long Term Equity 18.7 11.3 11.4 - 1 1 1.97 29.23 19.7 12.1 12.1 1 1 1.10 30.52 3514
189 PGIM India Diversified Eqt 16.0 4.5 6.8 - 8 9 2.52 14.80 18.1 6.5 8.4 7 7 0.54 15.97 151
190 Principal Focused Multicap 8.0 3.5 6.4 9.1 10 12 2.62 65.73 8.8 4.3 7.2 10 15 1.82 69.24 358


Equity: Multi Cap 1.2 1.1 5.1 9.0 42 40 2.4 2.1 6.1 42 40
191 Principal Multi Cap Growth -0.9 -0.6 5.9 9.7 30 17 2.49 132.34 0.0 0.3 6.7 31 18 1.67 140.07 608
192 Quant Active 18.4 8.9 9.6 10.1 2 2 2.48 205.32 18.5 9.2 9.8 2 5 2.38 208.35 12
193 Quantum Equity FoF -0.7 0.5 5.2 9.4 24 22 0.75 33.45 -0.5 0.7 5.3 28 24 0.51 33.63 44
194 SBI Focused Equity 1.7 6.1 8.8 13.7 3 5 1.88 141.43 2.7 7.1 9.8 4 6 0.83 151.51 8962
195 SBI Magnum MultiCap -5.2 0.7 5.8 9.6 21 18 2.10 45.28 -4.2 1.8 6.9 20 17 0.97 48.39 8290
196 Shriram Multicap NR 0.9 - - - - - 2.55 10.09 NR 2.7 - - - - 0.65 10.43 54
197 Sundaram Equity NR - - - - - - 2.45 9.80 NR - - - - - 0.42 9.99 541
198 Tata Focused Eqt NR - - - - - - 2.23 8.97 NR - - - - - 0.54 9.10 1201
199 Tata Multicap NR 4.1 - - - - - 2.24 10.48 NR 6.0 - - - - 0.84 10.88 1608
200 Tata Retrmnt Svngs Progressive 5.7 3.7 8.7 - 9 6 2.50 29.58 7.4 5.2 10.4 9 3 0.89 33.32 728
201 Taurus Starshare (Multi Cap) -4.9 -4.1 0.2 6.1 39 39 2.59 99.14 -4.7 -4.0 0.8 39 39 2.29 102.88 186
202 Union Focused NR - - - - - - 2.57 10.86 NR - - - - - 1.53 10.96 177
203 Union Multi Cap 6.8 3.1 4.3 - 12 24 2.56 19.93 7.6 3.7 5.0 14 27 1.73 21.05 324
204 UTI Children’s Career Investment 3.8 0.8 5.3 8.5 19 21 2.37 35.82 4.7 1.7 6.2 22 21 1.86 37.76 300
205 UTI Equity 10.0 5.9 6.9 11.2 6 8 1.74 147.31 10.6 6.4 7.5 8 11 1.40 152.19 9750
Equity: Mid Cap 4.6 -1.2 4.3 11.4 22 20 6.2 0.1 5.5 21 19
206 ABSL Midcap -7.2 -7.1 1.3 8.1 22 20 2.29 243.53 -6.3 -6.3 2.2 21 19 1.28 259.75 2046
207 Axis Midcap 12.6 8.6 7.3 - 1 2 2.05 39.14 14.2 10.0 8.6 1 2 0.55 42.90 5511
208 Baroda Midcap 4.7 -0.7 0.7 - 10 - 2.52 8.83 5.5 0.1 1.5 10 - 1.80 9.39 45
209 BNP Paribas Midcap 5.9 -1.6 3.6 12.6 12 14 2.37 31.70 7.4 -0.1 5.1 12 13 0.89 35.02 665
210 DSP Midcap 10.9 2.4 7.9 12.6 3 1 1.93 56.73 11.9 3.4 8.8 4 1 1.00 60.13 6962
211 Edelweiss Midcap 5.4 0.1 4.6 12.7 7 8 2.30 25.64 7.2 1.5 5.7 7 8 0.65 27.86 826
212 Franklin Prima -5.2 -2.5 4.2 12.0 13 11 2.18 848.80 -4.4 -1.6 5.2 14 11 1.14 916.25 6193
213 HDFC Mid-Cap Opportunities -0.5 -2.9 4.9 12.9 16 7 1.92 49.58 0.1 -2.0 5.8 16 7 1.12 52.80 19939
214 ICICI Pru Midcap -4.8 -2.7 2.6 9.4 15 16 2.36 85.02 -3.9 -1.7 3.6 15 15 1.32 91.16 1614
215 ICICI Prudential Midcap 150 ETF NR - - - - - - 0.27 59.26 NR - - - - - - - 33
216 IDBI Midcap 4.0 -4.2 - - 19 - 2.61 10.06 5.0 -2.5 - 17 - 1.70 10.75 169
217 Invesco India Midcap 12.0 3.9 6.5 13.4 2 4 2.50 49.51 13.6 5.6 8.3 2 3 0.99 55.63 817
218 Kotak Emerging Equity 4.0 0.4 6.5 11.9 6 3 1.93 37.54 5.3 1.6 8.0 6 4 0.63 41.00 6449
219 L&T Midcap 2.7 -2.6 6.1 12.1 14 6 1.95 124.58 3.9 -1.5 7.2 13 5 0.75 133.35 5699
220 Mahindra Manulife Midcap Unnati Yjn NR 5.5 - - - - - 2.56 9.31 NR 7.2 - - - - 0.86 9.74 481
221 Mirae Asset Midcap NR 5.1 - - - - - 2.02 10.48 NR 6.9 - - - - 0.45 10.66 2031
222 Motilal Oswal Midcap 100 ETF NR -1.7 -5.4 2.6 - 20 15 0.20 16.28 NR - - - - - - - 36
223 Motilal Oswal Midcap 30 -1.0 -3.8 1.3 - 17 19 2.25 22.73 0.2 -2.6 2.6 18 17 1.04 24.60 1467
224 Motilal Oswal Nifty Midcap 150 NR - - - - - - 1.03 10.41 NR - - - - - 0.38 10.47 56
225 Nippon India ETF Nifty Midcap 150 NR 2.1 - - - - - 0.24 58.99 NR - - - - - - - 203
226 Nippon India Growth 1.8 -0.5 4.5 8.6 9 9 1.90 1065.68 2.5 0.2 5.2 9 12 1.40 1122.92 6111
227 PGIM India Midcap Opp 24.3 1.8 4.1 - 5 12 2.55 20.14 26.3 3.4 5.4 3 10 0.72 21.63 167
228 Principal Midcap Fund NR - - - - - - 2.40 9.54 NR - - - - - 0.40 9.65 234
229 Quant Midcap NR 15.1 4.4 4.5 7.8 - - 2.48 58.48 NR 17.2 5.4 5.0 - - 0.57 60.40 11
230 SBI Magnum Midcap 3.7 -3.9 2.1 11.5 18 17 2.19 69.16 4.7 -3.0 3.2 19 16 1.19 74.22 3279
231 Sundaram Midcap -6.5 -6.5 1.8 10.4 21 18 2.04 395.73 -5.7 -5.8 2.4 20 18 1.18 414.33 4896
232 Tata Midcap Growth 3.7 -0.1 4.4 11.4 8 10 2.54 132.77 5.1 1.1 5.4 8 9 1.27 142.07 766
233 Taurus Discovery (Midcap) 13.8 1.9 6.2 10.5 4 5 2.52 43.96 14.3 2.4 6.7 5 6 2.02 45.57 47
234 Union Midcap Fund NR - - - - - - 2.48 14.14 NR - - - - - 1.48 14.20 172
235 UTI Midcap 9.7 -0.8 3.6 11.9 11 13 2.01 99.21 10.6 0.0 4.5 11 14 1.32 105.51 3435
S&P BSE 150 MidCap TRI 6.2 -0.8 6.0 9.6


Equity: Small Cap 2.5 -5.2 3.2 8.9 14 13 3.8 -4.1 4.3 14 13
236 ABSL Small Cap -14.3 -12.1 0.4 7.4 14 11 2.38 25.91 -13.3 -11.0 1.5 14 11 1.08 27.94 1812
237 Axis Small Cap 6.5 4.2 7.5 - 1 2 2.05 29.37 8.2 5.5 8.8 1 2 0.30 31.79 2310
238 BOI AXA Small Cap NR 20.4 - - - - - 2.59 11.51 NR 22.6 - - - - 0.78 11.86 56
239 Canara Robeco Small Cap NR 11.2 - - - - - 2.51 10.05 NR 13.2 - - - - 0.81 10.31 375
240 DSP Small Cap 4.4 -5.5 3.9 12.1 7 7 2.03 51.45 5.3 -4.9 4.6 8 7 1.11 54.10 4442
241 Edelweiss Small Cap NR 9.5 - - - - - 2.48 10.91 NR 11.3 - - - - 0.92 11.16 449
242 Franklin Smaller Companies -13.6 -9.0 0.8 11.2 12 10 2.01 41.60 -12.9 -8.0 2.0 12 10 1.18 45.16 5050
243 HDFC Small Cap -11.3 -3.9 4.6 8.6 6 4 1.93 33.78 -10.4 -2.7 5.9 6 5 0.93 36.66 7511
244 HSBC Small Cap Eqt -5.2 -8.8 -0.5 5.9 11 12 2.49 40.80 -3.9 -7.9 0.4 11 12 1.09 43.53 287
245 ICICI Pru Small Cap -5.1 -5.6 1.3 8.3 8 9 2.34 22.50 -3.7 -4.6 2.1 7 9 0.67 23.75 1111
246 IDBI Small Cap -5.3 -7.2 - - 9 - 2.49 8.01 -4.3 -5.4 - 9 - 1.53 8.52 101
247 IDFC Emrgng Businesses NR - - - - - - 2.40 10.61 NR - - - - - 0.45 10.70 540
248 Invesco India Small Cap NR 7.3 - - - - - 2.54 10.19 NR 8.9 - - - - 0.85 10.49 542
249 ITI Small Cap Fund NR - - - - - - 2.56 8.44 NR - - - - - 0.31 8.52 201
250 Kotak Small Cap 5.1 -2.7 4.4 10.3 4 6 2.23 68.11 6.6 -1.4 5.9 3 4 0.80 74.89 1402
251 L&T Emerging Businesses -12.0 -8.2 4.5 - 10 5 2.05 19.07 -11.0 -7.2 5.5 10 6 0.92 20.12 4697
252 Motilal Oswal Nifty Smallcap 250 NR - - - - - - 1.03 9.63 NR - - - - - 0.38 9.69 37
253 Nippon India Small Cap 1.1 -2.5 6.8 - 3 3 1.90 36.21 1.9 -1.5 7.9 4 3 1.22 38.91 7898
254 Principal Small Cap NR 11.9 - - - - - 2.45 10.55 NR 14.1 - - - - 0.74 10.79 167
255 Quant Small Cap NR 26.4 0.2 3.3 8.9 - - 2.48 50.52 NR 26.8 0.6 3.6 - - 2.38 51.49 3
256 SBI Small Cap 5.2 3.1 9.1 16.5 2 1 2.21 50.77 6.5 4.4 10.4 2 1 0.89 55.30 3917
257 Sundaram Small Cap -4.4 -11.7 -1.9 7.1 13 13 2.51 67.48 -3.5 -10.9 -1.2 13 13 1.44 70.74 906
258 Tata Small Cap NR 3.1 - - - - - 2.47 9.93 NR 5.0 - - - - 1.03 10.28 614
259 Union Small Cap 11.8 -3.0 1.4 - 5 8 2.54 13.67 12.6 -2.3 2.2 5 8 1.79 14.36 301
Equity: Value Oriented -2.3 -2.0 4.0 9.1 14 13 -1.4 -1.0 4.9 14 13
260 ABSL Pure Value -10.7 -9.7 0.2 8.9 14 13 2.19 40.76 -9.7 -8.6 1.3 14 13 1.01 43.89 3396
261 HDFC Capital Builder Value -4.8 -1.3 4.4 9.3 7 5 1.98 256.86 -3.9 -0.2 5.5 7 5 1.18 274.50 3595
262 ICICI Pru Value Discovery 3.5 1.7 4.1 11.9 4 7 1.90 144.65 4.1 2.4 5.1 4 6 1.27 154.76 14736
263 IDBI Long Term Value NR -2.8 - - - - - 2.59 9.59 NR -2.1 - - - - 1.77 9.86 98
264 IDFC Sterling Value -13.0 -8.0 1.1 8.1 13 11 2.12 39.59 -12.0 -6.9 2.1 13 11 1.03 42.55 2339
265 Indiabulls Value -1.3 -7.0 - - 11 - 2.30 10.64 0.3 -5.5 - 11 - 0.50 11.66 15
266 Invesco India Contra 7.1 5.5 8.3 11.8 1 1 1.98 48.30 8.3 6.8 9.8 1 1 0.69 53.34 4662
267 JM Value NR -0.2 -1.5 5.7 5.3 - - 2.54 29.79 NR 0.5 -0.9 6.9 - - 1.50 32.04 100
268 Kotak India EQ Contra 1.3 4.3 6.8 8.9 2 3 2.44 51.02 2.7 5.8 8.4 2 2 1.08 56.27 775
269 L&T India Value -2.3 -2.4 5.1 11.6 8 4 1.92 33.12 -1.4 -1.5 6.0 8 4 0.93 35.25 5965
270 Nippon India Value -2.3 0.2 3.7 8.5 5 9 2.05 68.33 -1.7 0.9 4.5 6 8 1.56 72.29 2623
271 Quantum Long Term Eqt Value -10.4 -2.8 3.8 8.3 9 8 1.79 47.17 -9.9 -2.5 4.1 9 9 1.29 47.66 681
272 SBI Contra -0.3 -3.8 1.7 5.6 10 10 2.30 98.40 0.3 -3.2 2.4 10 10 1.70 103.15 1171
273 Tata Equity PE 1.3 -0.2 7.1 10.8 6 2 1.96 128.75 2.8 1.1 8.2 5 3 0.78 137.77 4262
274 Templeton India Value -11.5 -7.5 0.8 5.8 12 12 2.54 204.26 -10.7 -6.7 1.6 12 12 1.54 215.95 380
275 Union Value Discovery NR 3.4 - - - - - 2.52 10.28 NR 4.2 - - - - 1.78 10.42 115
276 UTI Value Opportunities 3.7 2.8 4.3 9.2 3 6 1.84 60.29 4.4 3.6 5.0 3 7 1.45 63.71 4017
Equity: ELSS 0.9 0.4 4.8 9.3 34 30 1.9 1.5 5.8 34 30
277 ABSL Tax Relief 96 3.7 1.7 6.1 10.0 14 11 1.92 132.44 4.8 2.8 7.1 14 11 0.92 32.18 10101
278 Axis Long Term Equity 2.1 5.1 7.3 14.4 4 2 1.73 44.79 2.9 6.1 8.4 5 3 0.92 48.63 20292
279 Baroda ELSS 96 0.3 -2.5 2.2 6.5 28 28 2.53 25.67 0.9 -1.7 3.0 29 27 1.93 31.52 149
S&P BSE 250 SmallCap TRI -5.7 -10.0 0.4 2.6


Equity: ELSS 0.9 0.4 4.8 9.3 34 30 1.9 1.5 5.8 34 30
280 BNP Paribas Long Term Equity 5.0 2.6 4.5 11.1 9 17 2.42 39.47 6.3 3.8 5.6 7 16 1.19 41.84 425
281 BOI AXA Tax Advantage 16.8 5.0 7.2 9.4 5 4 2.56 55.84 18.1 6.3 8.6 3 2 1.51 61.59 262
282 Canara Robeco Eqt Tax Saver 9.3 6.7 7.2 10.5 1 3 2.28 24.73 10.4 7.7 8.0 1 7 1.24 71.83 992
283 DSP Tax Saver 0.9 1.7 6.9 10.7 13 5 1.90 46.97 1.8 2.8 8.0 13 8 0.95 49.79 5789
284 Edelweiss LT Eqt (Tax Svngs) -0.9 -0.5 3.0 8.6 21 24 2.38 43.73 0.9 1.1 4.3 21 22 0.68 47.59 111
285 Essel Long Term Advantage -3.0 -0.6 - - 22 - 2.33 13.19 -1.5 1.1 - 20 - 0.58 14.21 52
286 Franklin Taxshield -9.5 -2.7 2.0 9.6 30 29 1.98 488.20 -8.6 -1.7 3.0 30 28 1.05 522.37 3310
287 HDFC Taxsaver -9.1 -4.4 2.2 7.2 33 27 2.02 448.07 -8.5 -3.8 2.8 33 29 1.37 469.53 6172
288 HSBC Tax Saver Eqt -1.9 -2.0 4.2 9.0 27 18 2.49 34.19 -0.6 -1.0 5.1 28 18 1.26 36.36 129
289 ICICI Pru LT Eqt (Tax Saving) -3.9 2.0 4.8 9.9 11 14 2.08 349.71 -3.2 2.9 5.9 11 14 1.23 375.55 5970
290 IDBI Eqt Advantage -0.6 -0.4 2.8 - 20 26 2.45 24.41 0.6 1.1 4.1 19 23 1.20 26.46 475
291 IDFC Tax Advantage (ELSS) -3.7 -1.4 3.7 10.0 24 21 2.12 50.04 -2.7 -0.2 5.0 24 20 1.05 54.33 1920
292 Indiabulls Tax Savings NR -2.8 - - - - - 2.25 8.97 NR -1.6 - - - - 0.50 9.22 76
293 Invesco India Tax 5.8 4.3 6.6 11.6 6 8 2.41 51.06 7.0 5.7 8.2 6 5 1.15 56.87 997
294 ITI Long Term Equity NR - - - - - - 2.58 9.46 NR - - - - - 0.38 9.62 31
295 JM Tax Gain 1.2 2.0 6.2 8.3 10 9 2.34 16.52 2.0 2.8 7.5 12 9 0.80 17.97 35
296 Kotak Tax Saver 1.1 1.9 5.8 9.0 12 13 2.40 43.05 2.3 3.1 7.2 10 10 1.03 47.34 1133
297 L&T Tax Advantage -2.1 -1.5 4.7 9.0 26 16 2.06 49.98 -1.5 -0.8 5.4 26 17 1.44 52.45 2843
298 LIC MF Tax -3.6 1.1 3.9 8.1 17 20 2.53 61.98 -2.5 2.3 5.0 18 19 1.29 66.76 241
299 Mahindra Manulife ELSS Kar Bcht Yjn 0.0 -2.9 - - 31 - 2.40 10.81 1.7 -0.9 - 27 - 0.68 11.69 282
300 Mirae Asset Tax Saver 3.8 5.1 - - 2 - 1.80 17.80 5.5 6.6 - 2 - 0.42 19.02 3538
301 Motilal Oswal Long Term Eqt -0.9 -1.5 6.7 - 25 7 2.23 16.11 0.4 -0.2 8.2 25 6 0.78 17.36 1497
302 Nippon India Tax Saver (ELSS) -13.3 -10.8 -1.7 7.8 34 30 1.76 43.40 -12.7 -10.0 -0.9 34 30 1.28 46.02 8204
303 Parag Parikh Tax Saver NR 14.2 - - - - - 2.46 11.36 NR 15.6 - - - - 1.16 11.51 45
304 PGIM India Long Term Eqt 0.1 1.0 - - 18 - 2.50 13.83 1.6 2.7 - 15 - 1.37 14.77 304
305 Principal Tax Savings -0.3 -0.6 5.8 9.8 23 12 2.56 194.80 0.2 0.0 6.4 23 13 2.05 202.62 366
306 Quant Tax 15.6 5.1 11.5 7.4 3 1 2.48 102.92 17.6 6.1 12.2 4 1 0.57 106.81 10
307 Quantum Tax Saving -9.7 -2.6 4.0 8.3 29 19 1.79 47.07 -9.3 -2.2 4.3 31 21 1.29 47.58 65
308 SBI Long Term Equity 2.0 -0.4 3.2 8.6 19 22 1.85 137.71 2.6 0.3 3.9 22 25 1.33 144.11 6683
309 Shriram Long Term Equity NR 8.3 - - - - - 2.55 10.84 NR 10.4 - - - - 0.60 11.17 25
310 Sundaram Diversified Equity -5.6 -3.8 3.0 7.5 32 25 2.17 89.59 -5.2 -3.3 3.4 32 26 1.81 92.37 2071
311 Tata India Tax Savings -2.1 1.1 6.9 11.2 16 6 2.31 50.97 -0.6 2.6 8.3 16 4 0.76 95.50 1855
312 Taurus Tax Shield 3.3 2.7 6.2 8.2 7 10 2.33 76.56 4.1 3.4 7.1 8 12 0.93 80.83 59
313 Union Long Term Equity 6.5 2.7 3.2 - 8 23 2.51 24.78 7.0 3.2 3.9 9 24 1.94 25.86 244
314 UTI Long Term Equity 4.7 1.5 4.7 8.2 15 15 2.32 85.59 5.7 2.3 5.7 17 15 1.51 91.20 1224
Equity: Sectoral-Banking -23.7 -7.9 0.7 3.8 17 15 -17.8 -4.2 4.5 11 10
315 ABSL Banking & Fin Services -19.9 -7.0 4.6 - 11 4 2.43 22.29 -19.0 -5.9 5.7 7 4 1.26 23.81 1418
316 ABSL Banking ETF NR - - - - - - 0.16 215.17 NR - - - - - - - 62
317 Baroda Banking & Fin Services -19.6 -4.3 2.6 - 6 10 2.57 18.59 -19.0 -3.6 3.4 6 7 1.89 19.70 37
318 Edelweiss ETF Nifty Bank NR -25.7 -4.9 - - 7 - 0.12 2184.05 NR - - - - - - - 1
319 ICICI Pru Bank ETF NR -25.6 - - - - - 0.16 215.15 NR - - - - - - - 548
320 ICICI Pru Banking & Fin Services -22.4 -7.0 4.7 11.1 12 3 2.23 49.12 -21.7 -6.0 5.9 8 3 1.19 53.07 2538
321 ICICI Pru Private Banks ETF NR - - - - - - 0.16 117.01 NR - - - - - - - 656
322 IDBI Banking & Fin Services NR -17.3 - - - - - 2.55 8.41 NR -16.6 - - - - 1.49 8.72 90
323 Invesco India Financial Services -12.7 -2.2 6.1 9.9 4 2 2.75 48.50 -11.8 -0.7 7.9 4 2 1.67 54.24 184
324 Kotak Banking ETF NR -26.1 -5.2 2.9 - 10 8 0.18 218.57 NR - - - - - - - 3995
325 Kotak PSU Bank ETF NR -49.1 -28.1 -16.4 -9.1 17 15 0.49 139.13 NR - - - - - - - 24
326 LIC MF Banking & Fin Services -19.6 -10.6 -2.6 - 15 13 2.57 8.78 -18.8 -9.5 -1.5 9 10 1.52 9.28 45
327 Motilal Oswal Nifty Bank NR - - - - - - 1.03 7.85 NR - - - - - 0.38 7.90 47
328 Nippon India Banking -29.0 -10.2 0.8 7.3 13 11 2.17 191.66 -28.6 -9.5 1.6 10 8 1.55 201.37 1972


Equity: Sectoral-Banking -23.7 -7.9 0.7 3.8 17 15 -17.8 -4.2 4.5 11 10
329 Nippon India ETF Bank BeES NR -26.1 -5.1 2.9 8.2 9 9 0.18 217.68 NR - - - - - - - 4876
330 Nippon India ETF PSU Bank BeES NR -49.0 -28.0 -16.3 -9.0 16 14 0.49 15.49 NR - - - - - - - 53
331 SBI Banking & Fin Services -14.2 0.5 9.1 - 1 1 2.21 15.28 -13.2 1.7 10.2 1 1 1.13 16.12 1350
332 SBI ETF Nifty Bank NR -26.1 -5.1 3.0 - 8 7 0.20 215.78 NR - - - - - - - 2599
333 Sundaram Fin Services Opp -14.9 -3.3 4.0 6.6 5 6 2.45 35.75 -14.3 -2.4 4.8 5 6 1.66 37.59 205
334 Tata Banking & Fin Services -12.0 -1.8 - - 3 - 1.68 16.48 -10.7 -0.3 - 3 - 1.08 17.77 434
335 Tata Nifty Private Bank ETF NR - - - - - - 0.13 119.55 NR - - - - - - - 11
336 Taurus Banking & Financial Srvcs -14.8 -1.0 4.2 - 2 5 2.46 21.73 -14.2 -0.2 5.3 2 5 2.16 23.36 7
337 UTI Banking & Fin Services -26.1 -10.5 0.4 5.7 14 12 2.80 69.29 -25.4 -9.6 1.4 11 9 1.83 74.86 456
Equity: Sectoral-Infrastructure -10.6 -6.5 0.4 3.6 21 20 -10.4 -5.9 1.5 20 18
338 ABSL Infrastructure -15.4 -11.2 -1.8 3.5 18 19 2.60 24.78 -14.8 -10.5 - 17 - 1.79 26.21 367
339 BOI AXA Mfg & Infrastructure 6.4 -0.2 3.2 3.6 2 3 2.49 15.02 7.7 1.1 4.6 2 2 1.24 16.44 36
340 Canara Robeco Infrastructure -7.5 -5.7 0.1 5.8 9 11 2.59 39.53 -6.7 -4.8 1.0 8 11 1.63 41.94 90
341 DSP T.I.G.E.R. -17.0 -7.4 -0.1 4.3 16 12 2.50 73.04 -16.4 -6.8 0.5 15 13 1.91 76.17 769
342 Franklin Build India -15.7 -5.2 1.9 10.5 8 7 2.41 33.44 -14.8 -4.0 3.2 7 6 1.29 36.53 901
343 HDFC Infrastructure -32.4 -20.1 -9.2 -1.6 21 20 2.67 10.38 -31.8 -19.4 -8.5 20 18 1.92 11.03 424
344 HSBC Infrastructure Eqt -17.7 -18.3 -8.9 -0.8 20 - 2.55 12.51 -16.6 -17.5 -8.1 19 - 1.25 13.31 68
345 ICICI Pru Infrastructure -17.7 -7.1 -1.5 3.0 15 18 2.51 40.29 -17.3 -6.4 -0.8 13 17 1.94 42.40 807
346 IDFC Infrastructure -17.2 -11.7 -1.4 - 19 17 2.53 11.52 -16.3 -10.6 -0.1 18 15 1.44 12.68 508
347 Invesco India Infrastructure 1.6 0.3 3.1 6.9 1 4 2.47 16.66 3.1 2.0 4.9 1 1 1.31 18.72 41
348 Kotak Infra & Eco Reform -12.9 -7.0 0.8 5.9 14 9 2.52 16.76 -11.9 -5.8 2.3 10 9 1.34 18.47 247
349 L&T Infrastructure -14.3 -8.0 1.4 4.9 17 8 2.30 12.50 -13.4 -7.1 2.4 16 8 1.25 13.31 1163
350 LIC MF Infrastructure -11.0 -4.7 -0.6 2.6 7 15 2.52 12.25 -10.5 -3.7 0.5 6 12 1.23 13.18 44
351 Nippon India ETF Infra BeES NR 2.5 -1.8 -0.4 - 6 14 1.09 326.32 NR - - - - - - - 11
352 Nippon India Power & Infra -7.5 -6.7 1.9 0.5 12 6 2.37 86.23 -7.0 -6.1 2.6 12 7 1.94 90.24 1050
353 Quant Infrastructure NR -3.5 -0.3 2.6 -1.1 3 5 2.48 8.08 NR -1.6 0.8 3.2 3 5 0.57 8.37 1
354 SBI Infrastructure -3.5 -1.3 3.7 3.2 5 2 2.57 14.22 -3.0 -0.6 4.4 5 4 2.01 14.89 413
355 Sundaram Infrastructure Adv -12.1 -6.5 -0.1 0.5 11 13 2.68 26.75 -11.7 -5.9 0.5 11 14 2.19 27.84 407
356 Tata Infrastructure -13.8 -5.9 0.6 3.0 10 10 2.57 46.21 -13.2 -5.4 1.2 9 10 1.84 48.08 398
357 Taurus Infrastructure NR 1.5 -0.4 3.8 4.6 4 1 2.52 22.99 NR 2.0 0.0 4.6 4 3 2.37 24.13 3
358 UTI Infrastructure -14.4 -6.9 -0.8 2.2 13 16 2.33 43.61 -14.1 -6.5 -0.4 14 16 2.08 45.06 996
Equity: Sectoral-Pharma 49.8 12.5 5.1 14.2 4 3 52.0 13.8 6.1 4 3
359 ABSL Pharma & Healthcare NR 36.7 - - - - - 2.72 13.87 NR 39.5 - - - - 0.92 14.17 264
360 DSP Healthcare NR 55.0 - - - - - 2.56 15.39 NR 57.8 - - - - 1.04 15.85 475
361 ICICI Pru Pharma Hlthcr & Diagn NR 53.1 - - - - - 2.33 14.74 NR 55.2 - - - - 1.37 15.19 1523
362 IDBI Healthcare NR 48.0 - - - - - 2.56 14.43 NR 50.7 - - - - 1.43 14.81 36
363 Mirae Asset Healthcare NR 59.9 - - - - - 2.43 15.86 NR 62.5 - - - - 0.83 16.41 640
364 Nippon India Pharma NR 52.2 17.7 8.4 15.0 1 1 2.07 211.22 NR 53.5 18.7 9.4 1 1 1.35 224.87 3093
365 SBI Healthcare Opportunities NR 50.2 8.5 2.7 15.0 4 3 2.43 162.56 NR 51.8 9.7 3.9 4 3 1.23 176.47 1154
366 Tata India Pharma & HealthCare NR 41.7 12.5 - - 2 - 2.41 12.46 NR 43.9 14.4 - 2 - 1.20 13.45 241
367 UTI Healthcare NR 51.6 11.4 4.2 12.6 3 2 2.81 118.55 NR 53.0 12.5 5.2 3 2 1.77 126.98 481
Equity: Sectoral-Technology 19.4 19.0 11.2 13.7 5 4 20.5 20.3 12.1 5 4
368 ABSL Digital India NR 21.3 19.2 12.5 12.5 2 1 2.62 63.57 NR 22.4 20.3 13.5 2 1 1.67 67.52 413
369 Franklin Technology NR 28.1 18.9 12.0 13.3 3 2 2.42 202.38 NR 29.3 19.7 12.7 3 2 1.46 212.05 260
370 ICICI Pru Technology NR 16.4 18.6 10.4 15.7 4 3 2.62 68.33 NR 17.1 19.6 11.4 4 3 1.90 72.46 379
371 Nippon India ETF Nifty IT NR - - - - - - 0.27 18.10 NR - - - - - - - 10
372 SBI Technology Opportunities NR 15.0 18.2 10.0 13.4 5 4 2.52 45.12 NR 15.9 19.4 11.0 5 4 1.80 80.69 178
373 Tata Digital India NR 16.0 20.4 - - 1 - 2.21 17.14 NR 17.9 22.4 - 1 - 1.13 18.54 364
Equity: Thematic 3.1 0.5 4.3 9.4 13 13 4.3 1.3 4.9 12 11
374 ABSL Intl Eqt B NR -3.0 -1.6 3.0 6.5 11 9 2.59 16.92 NR -2.7 -1.1 3.5 10 9 2.23 17.57 70


Equity: Thematic 3.1 0.5 4.3 9.4 13 13 4.3 1.3 4.9 12 11
375 ABSL Manufacturing Equity NR 9.7 -0.7 4.7 - 9 7 2.62 13.19 NR 10.7 0.2 - 8 - 1.63 13.87 473
376 Axis ESG Eqt Fund NR - - - - - - 2.02 10.55 NR - - - - - 0.40 10.63 1690
377 DSP Quant NR 14.0 - - - - - 1.30 10.71 NR 14.9 - - - - 0.56 10.81 238
378 Franklin Opportunities NR -2.7 -1.4 3.0 8.3 10 10 2.51 68.28 NR -1.8 -0.6 3.8 9 7 1.42 71.91 468
379 ICICI Pru Commodities NR - - - - - - 2.63 9.97 NR - - - - - 0.84 10.09 33
380 ICICI Pru Exports & Services NR -0.3 0.9 2.8 12.2 8 11 2.64 54.50 NR 0.3 1.7 3.7 7 8 1.96 57.78 529
381 ICICI Pru FMCG NR 3.1 5.7 7.9 14.4 2 2 2.61 239.76 NR 3.8 6.6 8.8 2 2 1.72 253.51 533
382 ICICI Pru India Opportunities NR -8.3 - - - - - 2.13 9.16 NR -6.7 - - - - 0.58 9.40 2521
383 ICICI Pru Manufacture in India NR -1.6 - - - - - 2.46 9.71 NR -0.1 - - - - 1.46 9.99 722
384 Kotak Pioneer NR - - - - - - 2.19 10.47 NR - - - - - 0.49 10.62 664
385 L&T Business Cycles NR -8.9 -5.5 0.7 - 12 12 2.57 13.28 NR -8.1 -4.8 1.5 11 10 1.60 13.86 481
386 Mahindra Mnlife Rrl Bhrt & Con Yjn NR -1.5 - - - - - 2.45 9.10 NR 0.3 - - - - 0.80 9.40 56
387 Nippon India ETF Dividend Opp NR -1.7 2.2 6.1 - 5 3 0.16 28.34 NR - - - - - - - 2
388 Nippon India Quant NR 4.0 1.3 4.8 7.4 7 6 0.93 25.40 NR 4.8 2.1 5.2 6 6 0.20 26.66 22
389 Quantum India ESG Eqt NR 5.1 - - - - - 1.40 10.32 NR 5.6 - - - - 0.90 10.37 16
390 SBI Equity Minimum Variance NR 8.7 - - - - - 0.74 10.43 NR 9.1 - - - - 0.34 10.49 48
391 SBI Magnum COMMA NR 13.2 2.0 8.6 4.9 6 1 2.58 38.77 NR 13.9 2.8 9.4 5 1 2.02 40.75 221
392 SBI Magnum Equity ESG NR 0.4 3.5 6.0 9.3 4 4 2.21 102.87 NR 1.2 4.4 6.9 4 3 1.38 109.00 2510
393 Sundaram Services NR 4.4 - - - - - 2.38 11.17 NR 5.3 - - - - 1.24 11.36 1074
394 Tata Ethical NR 11.6 4.0 4.2 10.1 3 8 2.51 164.95 NR 12.9 5.2 5.2 3 5 1.35 177.34 548
395 Tata Quant Fund NR - - - - - - 2.69 7.60 NR - - - - - 0.89 7.68 98
396 Taurus Ethical NR 14.6 7.3 5.6 9.0 1 5 2.30 55.22 NR 15.8 8.3 6.6 1 4 0.08 58.88 39
397 UTI Transportation & Logistics NR 1.2 -10.6 -2.2 11.6 13 13 2.46 81.42 NR 2.2 -9.6 -1.1 12 11 1.41 88.09 1113
Equity: Thematic-Dividend Yield 3.2 -0.6 4.5 8.0 5 5 4.1 0.1 5.2 5 5
398 ABSL Dividend Yield NR 4.6 -3.6 1.4 6.5 4 5 2.55 155.12 NR 5.3 -2.9 2.2 4 5 1.80 164.18 635
399 ICICI Pru Dividend Yield Eqt NR -7.1 -5.5 3.1 - 5 4 2.64 14.48 NR -6.4 -4.8 3.8 5 4 1.83 15.16 148
400 IDBI Dividend Yield NR 12.1 - - - - - 2.54 11.02 NR 13.9 - - - - 1.61 11.32 79
401 Principal Dividend Yield NR 7.8 3.6 7.6 8.8 1 1 2.57 53.16 NR 8.4 4.2 8.1 1 1 2.03 55.33 161
402 Templeton India Eqt Income NR -3.5 -1.0 4.7 8.6 3 3 2.40 43.17 NR -2.5 -0.2 5.4 3 3 1.21 45.40 738
403 UTI Dividend Yield NR 5.3 3.4 5.8 8.0 2 2 2.05 65.30 NR 5.9 4.1 6.4 2 2 1.66 68.41 2093
Equity: Thematic-MNC 8.3 3.1 4.2 13.3 3 3 9.4 4.0 5.2 3 3
404 ABSL MNC NR 3.8 1.8 3.4 13.9 3 3 2.07 726.46 NR 4.7 2.8 4.5 3 3 1.16 778.64 3629
405 ICICI Pru MNC NR 7.7 - - - - - 2.48 10.72 NR 9.2 - - - - 1.07 10.89 560
406 SBI Magnum Global NR 12.8 4.4 5.2 12.5 1 1 2.14 177.99 NR 13.7 5.3 6.1 1 1 1.31 189.30 3603
407 UTI MNC NR 9.0 3.0 4.1 13.4 2 2 2.21 195.01 NR 9.9 3.9 5.1 2 2 1.42 207.93 2095
Equity: Thematic-Energy 8.0 -0.5 8.2 7.4 2 1 9.5 0.8 9.1 2 1
408 DSP Natural Rsrcs and New Energy NR -3.4 -4.2 8.2 7.4 2 1 2.54 28.33 NR -2.6 -3.4 9.1 2 1 1.53 29.81 292
409 Tata Resources & Energy NR 19.5 3.2 - - 1 - 2.73 15.88 NR 21.5 5.0 - 1 - 1.10 17.19 33
Equity: Thematic-PSU -12.9 -8.8 -2.0 1.6 3 3 -4.3 -5.4 1.5 2 2
410 ABSL PSU Eqt NR - - - - - - 2.51 8.49 NR - - - - - - 8.58 207
411 CPSE ETF NR -28.5 -13.4 -6.7 - 3 3 0.01 17.37 NR - - - - - - - 10813
412 Invesco India PSU Equity NR 6.6 -1.6 4.1 5.1 1 1 2.46 18.04 NR 7.6 -0.2 5.6 1 1 1.48 20.00 132
413 SBI PSU NR -16.7 -11.3 -3.3 -1.8 2 2 2.56 8.37 NR -16.2 -10.7 -2.7 2 2 1.96 8.75 155
Equity: Thematic-Consumption 6.1 2.6 6.6 11.1 9 8 7.0 3.5 7.5 8 7
414 ABSL India GenNext NR 3.6 3.4 8.0 13.5 5 3 2.37 82.68 NR 4.9 4.6 9.3 4 3 1.12 89.39 1429
415 BNP Paribas India Consumption NR 9.7 - - - - - 2.41 12.45 NR 11.5 - - - - 0.85 12.82 525
416 Canara Robeco Consumer Trends NR 9.2 5.0 8.4 12.1 1 1 2.63 40.63 NR 10.6 6.4 9.6 1 2 1.27 43.80 372
417 ICICI Pru Bharat Consumption NR 4.7 - - - - - 2.47 9.66 NR 6.3 - - - - 1.09 9.86 422
418 Mirae Asset Great Consumer NR 4.1 4.2 8.2 - 4 2 2.21 33.59 NR 5.9 5.8 9.7 3 1 0.67 37.14 940
419 Nippon India Consumption NR 12.3 3.1 4.8 9.2 6 6 2.57 68.47 NR 13.2 3.9 5.6 5 5 2.01 72.56 84


Equity: Thematic-Consumption 6.1 2.6 6.6 11.1 9 8 7.0 3.5 7.5 8 7
420 Nippon India ETF Consumption NR 11.0 4.3 7.2 - 3 5 0.35 52.98 NR - - - - - - - 13
421 Quant Consumption NR 12.4 0.6 8.2 4.2 - - 2.48 26.92 NR 14.4 1.6 9.2 - - 0.57 28.56 1
422 SBI Consumption Opportunities NR -10.0 -1.3 4.4 13.0 8 7 2.64 57.19 NR -9.0 -0.2 5.5 7 6 1.52 102.75 542
423 Sundaram Rural & Consumption NR 1.4 -1.8 7.3 10.1 9 4 2.28 38.79 NR 2.2 -1.0 8.0 8 4 1.45 40.72 1485
424 Tata India Consumer NR 7.2 4.3 - - 2 - 2.35 16.79 NR 8.9 6.0 - 2 - 0.88 18.11 1131
425 UTI India Consumer NR 8.0 2.0 4.3 8.6 7 8 2.53 25.54 NR 8.5 2.5 4.9 6 7 2.22 26.64 247
Equity: International 16.2 9.3 7.8 6.9 34 34 16.6 9.6 8.3 32 30
426 ABSL Commodity Eqt Global Agri NR -11.0 -1.2 -0.3 4.1 32 31 1.65 21.10 NR -10.8 -0.8 0.1 30 28 1.20 21.72 6
427 ABSL Global Emerging Opp NR 25.0 10.5 7.9 3.5 11 16 1.13 16.02 NR 25.6 10.9 8.1 10 14 0.63 16.35 122
428 ABSL Global Real Estate NR -7.6 1.2 0.9 - 29 30 1.28 18.05 NR -7.2 1.6 1.4 27 26 0.83 18.67 14
429 ABSL Intl Eqt A NR 12.3 12.4 7.4 11.2 9 17 2.56 24.10 NR 13.1 13.0 7.9 8 15 1.88 25.10 82
430 DSP Global Allocation NR 20.3 9.7 6.9 - 12 19 2.09 14.79 NR 20.8 10.2 7.3 12 17 1.59 15.16 36
431 DSP US Flexible Equity NR 19.0 14.6 11.6 - 8 9 2.47 30.01 NR 19.7 15.4 12.3 7 8 1.68 31.53 176
432 DSP World Agriculture NR 14.9 7.6 4.4 - 18 25 2.44 18.59 NR 15.1 7.9 4.8 18 21 2.31 19.04 29
433 DSP World Energy NR -7.1 -0.5 -0.7 2.2 31 32 2.35 11.74 NR -6.8 -0.2 -0.4 29 29 1.80 12.00 33
434 DSP World Gold NR 64.6 22.8 22.6 3.9 4 1 2.40 22.42 NR 65.3 23.4 23.2 3 1 1.87 23.21 539
435 DSP World Mining NR 22.9 11.9 13.1 0.8 10 6 2.38 10.37 NR 23.4 12.5 13.7 9 5 1.93 10.80 35
436 Edelweiss ASEAN Eqt Off Shore NR -9.0 2.3 4.4 - - - 2.37 19.23 NR -8.4 3.2 5.4 - - 1.67 20.71 38
437 Edelweiss Emrgng Mkt Opp Eqt Offshr NR 14.8 9.0 9.3 - 14 11 2.29 14.37 NR 16.0 9.9 10.0 13 10 1.23 14.93 14
438 Edelweiss Eur Dynamic Eqt Offshore NR 11.1 3.2 2.6 - 28 29 2.34 11.87 NR 11.9 4.0 3.5 26 25 1.60 12.57 16
439 Edelweiss Grtr China Eqt Off-shore NR 54.6 21.4 16.4 14.8 5 3 2.35 42.13 NR 55.8 22.5 17.4 4 2 1.52 45.22 262
440 Edelweiss US Tech Eqt FOF NR - - - - - - 2.32 13.71 NR - - - - - 1.22 13.77 291
441 Edelweiss US Value Eqt Offshore NR 3.3 6.9 6.0 - 20 21 2.37 16.61 NR 4.2 7.7 6.8 20 19 1.52 17.57 37
442 Franklin Asian Equity NR 18.7 8.1 10.6 9.7 16 10 2.66 26.06 NR 19.3 8.7 11.4 15 9 2.00 27.33 145
443 Franklin Feeder Franklin Eur Grth NR -12.1 -6.6 -3.4 - 34 34 1.43 7.89 NR -11.3 -5.6 -2.2 32 30 0.64 8.51 17
444 Franklin Feeder Franklin US Opp NR 39.9 25.0 15.9 - 3 4 1.54 44.87 NR 41.2 26.1 16.9 2 3 0.68 48.28 1844
445 HSBC Asia Pacific (ExJapan) Div Yld NR 12.4 7.9 9.1 - 17 12 2.04 15.99 NR 13.3 8.7 9.9 16 11 1.24 16.74 6
446 HSBC Brazil NR -23.4 -0.4 4.6 - 30 24 2.31 7.01 NR -22.8 0.4 - 28 - 1.60 7.41 15
447 HSBC Global Consumer Opp NR 12.0 9.5 7.9 - 13 15 2.16 14.76 NR 12.8 10.3 8.7 11 12 1.48 15.34 4
448 HSBC Global Emerging Markets NR 19.5 7.3 8.8 5.7 19 13 2.39 16.30 NR 20.4 8.0 - 17 - 1.69 17.21 10
449 ICICI Pru Global Advtg (FOF) NR - - - - - - 1.03 11.49 NR - - - - - 0.46 11.54 25
450 ICICI Pru Global Stable Eqt (FOF) NR 7.1 6.7 6.1 - 22 20 1.30 16.32 NR 8.0 7.5 6.9 21 18 0.19 17.21 87
451 ICICI Pru US Bluechip Eqt NR 18.9 16.3 12.8 - 7 7 2.60 33.23 NR 20.0 17.3 13.7 6 6 1.68 35.41 692
452 Invesco (I) Feeder Global Eqt Incm NR 4.4 3.9 3.5 - 27 27 1.17 12.95 NR 5.1 4.9 4.6 25 24 0.51 13.89 7
453 Invesco India Feeder Pan Eur Eqt NR 0.0 -1.7 -0.7 - 33 33 0.65 9.93 NR 0.6 -0.9 0.3 31 27 0.29 10.61 20
454 Kotak Global Emerging Market NR 19.1 8.4 5.7 7.3 15 22 1.65 18.43 NR 19.7 9.1 6.6 14 20 1.16 19.49 84
455 Motilal Oswal NASDAQ 100 ETF NR 46.8 27.9 21.7 - 1 2 0.54 784.02 NR - - - - - - - 1091
456 Motilal Oswal Nasdaq 100 FOF NR 46.4 - - - - - 0.50 17.09 NR 47.0 - - - - 0.10 17.21 657
457 Motilal Oswal S&P 500 Index Fund NR - - - - - - 1.19 11.00 NR - - - - - 0.49 11.02 265
458 Nippon India ETF Hang Seng BeES NR -0.3 4.4 5.6 9.1 26 23 0.86 304.80 NR - - - - - - - 13
459 Nippon India Japan Equity NR 9.2 6.9 3.7 - 21 26 2.38 13.55 NR 10.2 7.8 4.6 19 23 1.33 14.21 44
460 Nippon India US Eqt Opportunities NR 20.9 18.2 14.5 - 6 5 2.65 19.18 NR 22.2 19.4 15.7 5 4 1.50 20.16 146
461 PGIM India Euro Eqt NR 16.9 5.6 3.4 6.9 25 28 0.36 15.18 NR 18.1 7.0 4.6 23 22 0.12 16.41 3
462 PGIM India Global Eqt Opp NR 49.5 26.0 12.4 10.9 2 8 1.29 28.34 NR 50.8 27.6 13.6 1 7 0.28 30.47 137
463 Principal Global Opportunities NR 11.0 6.4 8.1 7.1 24 14 1.43 32.17 NR 11.4 6.8 8.5 24 13 1.00 33.19 18
464 Sundaram Global Brand NR 14.7 6.6 7.2 6.1 23 18 2.38 18.98 NR 15.2 7.2 7.8 22 16 1.77 19.79 40
S&P BSE Bankex Total Return Index -24.7 -4.4 3.2 8.8
S&P BSE Healthcare TRI 45.2 9.6 2.1 13.3
S&P BSE India Infrastructure TRI -24.1 -13.7 -3.2 0.6
S&P BSE IT Total Return Index 18.4 22.8 12.7 15.0

Hybrid REGULAR DIRECT

Hybrid: Aggressive Hybrid 1.8 1.5 5.3 8.7 33 26 3.0 2.6 6.4 33 26
465 ABSL Eq Hybrid ‘95 -4.7 -1.8 3.8 8.7 31 19 1.90 692.73 -4.0 -0.9 4.9 31 19 1.06 746.33 7504
467 Axis Equity Hybrid NR 5.3 - - - - - 2.17 10.64 NR 6.8 - - - - 0.68 10.97 1524
468 Axis Retrmnt Svngs - Agrssv Plan NR - - - - - - 2.38 9.55 NR - - - - - 0.63 9.65 451
469 Baroda Hybrid Equity 1.3 -0.2 3.8 7.0 25 20 2.46 53.53 2.0 0.9 5.0 26 18 1.85 58.15 409
470 BNP Paribas Substantial Eqt Hybrid 8.9 6.7 - - 1 - 2.43 12.82 10.7 8.4 - 1 - 0.81 13.50 397
471 BOI AXA Mid & Small Cap Eqt & Debt 10.7 -0.6 - - 27 - 2.62 12.11 11.7 0.3 - 28 - 1.79 12.55 295
472 Canara Robeco Eqt Hybrid 9.1 6.0 7.6 11.1 2 4 2.00 168.93 10.4 7.3 8.8 2 3 0.83 180.34 3041
473 DSP Equity & Bond 5.9 3.7 6.8 9.5 8 8 1.91 157.67 6.9 4.8 7.9 8 8 0.94 168.42 5661
474 Edelweiss Agrsv Hybrid NR 1.3 2.3 4.5 7.5 - - 2.38 25.18 NR 2.8 3.5 5.4 - - 0.57 26.52 13
475 Essel Equity Hybrid NR 0.2 - - - - - 2.32 10.20 NR 1.9 - - - - 0.43 10.59 166
476 Franklin Eqt Hybrid -0.8 1.2 4.4 9.5 16 17 2.23 115.63 0.2 2.4 5.7 16 16 1.21 125.51 1319
477 Franklin Life Stage FoF 20s -8.3 -3.1 2.3 7.5 32 25 1.29 72.14 -7.6 -2.6 2.7 32 25 0.31 74.71 10
478 HDFC Children’s Gift 3.5 3.1 7.1 12.2 9 7 1.97 120.79 4.4 4.1 8.0 9 7 1.22 128.47 3022
479 HDFC Hybrid Equity -2.9 0.6 5.9 10.9 21 11 1.80 51.13 -2.3 1.5 6.9 21 12 1.15 53.69 16509
480 HDFC Retrmnt Svngs Hybrid Eqt 1.4 2.4 - - 11 - 2.43 16.43 2.6 3.9 - 11 - 1.28 17.56 395
481 HSBC Equity Hybrid NR 5.1 - - - - - 2.47 11.10 NR 6.7 - - - - 1.02 11.38 513
482 HSBC Managed Solutions India Growth 0.5 0.7 5.5 - 20 13 1.84 17.39 0.9 1.0 5.9 25 15 1.48 17.71 43
483 ICICI Pru Child Care Gift -1.6 2.4 5.6 8.5 13 12 2.55 134.57 -0.9 3.2 6.4 14 13 1.79 142.68 583
484 ICICI Pru Equity & Debt -3.9 1.2 6.0 11.3 17 10 1.76 126.38 -3.4 2.1 7.1 18 10 1.20 136.41 17615
485 ICICI Pru Retrmnt Hybrid Agrsv NR -0.7 - - - - - 2.38 10.12 NR 1.3 - - - - 0.77 10.40 76
486 IDBI Hybrid Equity 5.7 -0.3 - - 26 - 2.59 11.42 6.7 1.3 - 22 - 1.70 12.13 220
487 IDFC Hybrid Equity -1.0 -1.2 - - 30 - 2.48 10.87 0.3 0.4 - 27 - 1.19 11.52 505
488 Indiabulls Equity Hybrid NR -1.4 - - - - - 2.36 10.18 NR 0.7 - - - - 0.61 10.53 30
489 Invesco India Equity & Bond NR 2.8 - - - - - 2.47 10.40 NR 4.3 - - - - 0.88 10.72 360
490 JM Equity Hybrid 14.0 0.5 2.9 6.6 22 24 2.14 44.74 14.9 1.3 3.8 23 24 1.52 48.15 6
491 Kotak Equity Hybrid 1.8 1.6 5.5 8.1 15 14 2.22 14.72 3.1 3.0 7.0 15 11 0.95 16.86 1185
492 L&T Hybrid Equity 1.9 0.7 5.2 - 19 15 1.88 25.90 3.0 1.8 6.3 20 14 0.91 27.96 5832
493 LIC MF Equity Hybrid -0.1 2.4 3.5 6.5 12 21 2.55 101.30 1.0 3.7 4.6 12 21 1.38 108.79 376
494 LIC MF ULIS -3.2 1.1 3.2 6.1 18 23 2.32 17.48 -2.4 2.1 4.2 17 23 1.21 18.54 264
495 Mahindra Mnulfe Hybrd Eqt Nivsh Yjn NR 7.3 - - - - - 2.48 10.70 NR 9.3 - - - - 0.68 10.91 131
496 Mirae Asset Hybrid Equity 3.3 4.7 8.3 - 5 1 1.88 15.02 4.9 6.4 10.2 4 1 0.44 16.36 3468
497 Motilal Oswal Equity Hybrid NR 9.7 - - - - - 2.53 11.27 NR 11.5 - - - - 0.64 11.62 324
498 Nippon India Equity Hybrid -16.9 -6.8 0.9 6.9 33 26 1.93 42.71 -16.3 -5.8 2.1 33 26 1.22 46.29 4929
499 PGIM India Hybrid Eqt 0.3 0.3 2.1 5.5 23 - 2.40 66.17 2.0 1.9 3.6 19 - 0.82 72.92 106
500 Principal Hybrid Equity 1.5 2.3 7.4 9.2 14 5 2.22 74.52 2.8 3.6 8.6 13 5 1.00 80.52 1087
501 Principal Retrmnt Svngs Prgrsv NR -3.8 -0.7 - - 29 - 2.25 12.74 NR -2.8 0.0 - 30 - 1.18 13.15 2
502 Quant Absolute NR 10.6 6.0 8.2 9.0 3 2 2.48 149.10 NR 12.5 7.0 8.8 3 4 0.57 154.06 2
503 SBI Equity Hybrid 2.9 5.2 7.3 10.7 4 6 1.63 138.64 3.6 6.1 8.3 5 6 1.02 148.04 30192
504 Shriram Hybrid Equity 3.3 2.7 4.5 - 10 16 2.35 16.89 4.8 3.9 5.5 10 17 0.65 17.88 53
505 Sundaram Equity Hybrid 1.9 4.2 6.8 6.8 6 9 2.17 90.84 2.9 5.5 7.9 6 9 1.08 96.66 1561
506 Tata Hybrid Equity -2.5 -0.1 3.3 9.8 24 22 2.00 204.22 -1.5 1.3 4.4 24 22 0.95 218.60 3233
507 Tata Retrmnt Svngs Moderate 7.3 3.8 8.0 - 7 3 2.38 30.74 8.9 5.2 9.5 7 2 0.85 34.09 1087
508 UTI Hybrid Equity -2.1 -0.7 4.1 7.4 28 18 1.91 158.97 -1.4 0.0 4.8 29 20 1.27 165.53 3600
Hybrid: Balanced Hybrid 1.2 1.4 4.8 7.6 10 8 1.9 2.1 5.4 10 8
509 Axis Children’s Gift NR 4.7 4.9 - - 2 - 2.49 13.73 NR 6.1 6.4 - 2 - 1.07 14.73 434
510 Franklin Life Stage FoF 30s NR -12.8 -3.3 1.9 6.7 10 8 1.34 50.79 NR -12.2 -2.7 2.6 10 8 0.51 53.08 4
511 Franklin Pension NR 4.8 3.7 5.9 9.0 3 2 2.27 133.30 NR 5.6 4.5 6.7 3 2 1.53 140.62 417
VR Balanced Total Return Index 1.8 4.9 6.8 8.6


Hybrid: Balanced Hybrid 1.2 1.4 4.8 7.6 10 8 1.9 2.1 5.4 10 8
512 ICICI Pru Asset Allocator (FOF) NR 4.5 5.8 8.7 9.3 1 1 1.24 58.29 NR 5.8 6.6 9.3 1 1 0.06 60.84 7327
513 ICICI Pru Passive Strategy (FOF) NR -5.3 -0.7 4.6 7.5 9 5 0.36 59.57 NR -5.0 -0.4 5.0 9 5 0.05 61.44 81
514 LIC MF Children’s Gift NR 2.6 -0.7 3.3 5.1 8 7 2.42 17.24 NR 3.3 0.2 4.3 8 7 1.42 18.48 11
515 Principal Retrmnt Svngs Moderate NR 1.7 1.6 - - 5 - 2.25 12.68 NR 2.4 2.2 - 4 - 1.57 13.06 1
516 Tata Young Citizens NR 4.6 -0.2 3.5 7.4 7 6 2.53 25.22 NR 5.3 0.7 4.6 7 6 1.72 27.19 169
517 UTI Children’s Career Svngs NR 3.6 1.6 5.2 8.6 4 3 1.75 23.13 NR 3.8 1.8 5.4 5 4 1.59 23.40 3426
518 UTI Retrmnt Benefit Pension NR 3.3 1.1 5.0 7.0 6 4 2.05 25.87 NR 4.0 1.7 5.6 6 3 1.25 27.01 2745
Hybrid: Conservative Hybrid 4.3 3.6 6.0 7.6 36 33 5.2 4.5 6.9 36 33
519 ABSL Regular Savings 0.4 0.8 5.6 8.6 30 23 1.98 39.31 1.3 1.7 6.7 30 22 1.12 42.01 1198
521 Axis Regular Saver 9.7 4.4 5.4 7.4 19 26 2.29 20.41 10.8 5.5 6.7 18 23 1.22 22.40 172
522 Axis Retrmnt Svngs - Cons Plan NR - - - - - - 2.06 10.34 NR - - - - - 0.32 10.45 105
523 Baroda Conservative Hybrid 9.9 8.0 7.8 8.0 1 4 2.06 27.61 10.8 8.9 8.7 1 7 1.22 29.43 24
524 BNP Paribas Cons Hybrid 6.9 5.4 6.7 7.9 9 11 2.22 30.91 8.6 7.4 8.9 5 6 0.73 34.88 285
525 BOI AXA Conservative Hybrid 9.0 -0.2 3.7 6.1 33 30 2.32 19.90 9.6 0.4 4.3 33 30 1.72 20.64 89
526 Canara Robeco Cons Hybrid 11.1 6.7 6.9 8.4 4 8 1.94 63.74 12.2 7.8 8.0 4 9 0.81 68.89 229
527 DSP Regular Savings 6.3 2.0 5.0 7.4 28 28 2.18 37.73 8.0 3.5 6.2 25 27 0.57 40.58 196
528 Essel Regular Savings 4.8 3.8 5.6 - 22 25 2.34 19.96 6.0 5.4 7.3 20 13 0.53 22.32 35
529 Franklin Debt Hybrid 4.7 4.0 5.9 8.1 21 21 2.26 58.86 5.5 4.8 6.7 22 20 1.41 62.30 220
530 Franklin Life Stage FoF 40s -15.5 -3.3 1.7 6.2 35 32 1.38 40.27 -15.0 -2.6 2.5 35 32 0.81 42.34 9
531 Franklin Life Stage FoF 50s Plus -23.3 -5.8 0.1 4.4 36 33 1.04 27.60 -22.8 -5.1 0.8 36 33 0.53 29.04 6
532 Franklin Life Stage FoF 50s Plus FR 5.2 5.3 6.6 7.9 12 14 0.79 39.88 5.7 5.7 7.0 16 17 0.11 41.18 23
533 HDFC Hybrid Debt 3.2 2.9 6.2 8.0 25 18 1.87 47.64 3.7 3.4 6.7 26 21 1.42 49.48 2344
534 HDFC Retrmnt Svngs Hybrid Debt 5.9 4.5 - - 18 - 2.16 14.05 7.1 5.8 - 14 - 1.16 14.96 82
535 HSBC Managed Solutions Ind Cons 7.8 5.3 6.6 - 13 13 1.62 16.04 8.6 5.8 7.0 15 18 0.86 16.40 58
536 HSBC Regular Savings 6.6 4.3 6.2 7.8 20 17 2.27 39.74 8.5 5.4 7.0 21 15 0.55 42.00 85
537 ICICI Pru Income Optimizer (FOF) 3.9 5.4 6.0 7.4 11 20 1.07 36.32 4.5 5.9 6.5 13 24 0.60 37.81 108
538 ICICI Pru Regular Savings 8.1 6.5 8.6 9.5 5 3 1.96 46.68 8.8 7.3 9.4 6 3 1.15 49.38 1597
539 ICICI Pru Retirement Hybrid Cons NR 8.3 - - - - - 2.09 11.26 NR 10.1 - - - - 0.31 11.55 59
540 ICICI Pru Thematic Advtg (FOF) 3.8 0.7 6.7 7.7 31 10 1.52 70.80 3.8 1.0 7.0 32 16 1.24 71.87 9
541 IDFC Asset Allocation Agrsv 0.7 0.3 4.1 7.5 32 29 1.22 22.19 1.6 1.1 4.8 31 29 0.40 23.11 11
542 IDFC Asset Allocation Cons 6.6 5.3 6.8 8.2 14 9 0.80 22.74 7.4 6.0 7.5 11 11 0.14 23.66 8
543 IDFC Asset Allocation Moderate 4.0 3.1 5.7 8.2 24 22 1.21 23.06 4.7 3.8 6.3 24 25 0.51 23.92 24
544 IDFC Regular Savings 6.4 4.6 6.4 8.3 17 16 2.27 23.11 7.4 5.5 7.3 17 14 1.35 24.69 177
545 Indiabulls Savings Income 2.5 6.7 - - 3 - 2.00 13.93 4.2 8.3 - 3 - 0.25 14.90 20
546 Kotak Asset Allocator 12.3 7.5 9.0 9.7 2 2 0.75 92.55 12.8 8.4 9.8 2 2 0.34 96.02 53
547 Kotak Debt Hybrid 9.0 5.5 7.8 8.5 7 5 2.23 34.31 10.3 6.8 9.1 9 5 1.15 37.17 243
548 L&T Conservative Hybrid 5.3 4.7 6.1 7.0 16 19 2.24 37.51 5.9 5.4 6.8 19 19 1.69 39.49 33
549 LIC MF Debt Hybrid 8.5 6.0 6.4 6.5 6 15 2.25 60.43 9.4 6.9 7.4 7 12 1.22 64.02 64
550 Nippon India Hybrid Bond -11.9 -2.3 2.2 6.1 34 31 1.90 37.84 -11.3 -1.5 3.1 34 31 1.32 40.33 958
551 Nippon India Retrmnt Incm Generation 5.6 5.4 7.1 - 10 7 2.17 14.34 6.6 6.6 8.5 10 8 1.25 15.40 253
552 Principal Retrmnt Svngs Cons NR 1.2 1.9 - - 29 - 2.25 12.42 NR 1.7 2.4 - 29 - 1.80 12.68 1
553 SBI Debt Hybrid 7.1 3.8 6.6 8.0 23 12 1.80 42.37 7.7 4.6 7.6 23 10 1.19 45.09 963
554 SBI Magnum Children’s Benefit 5.8 4.9 9.3 10.3 15 1 2.26 57.82 6.7 5.9 10.2 12 1 1.46 61.71 64
555 Sundaram Debt Oriented Hybrid 5.2 2.0 5.1 6.8 27 27 2.18 19.72 6.2 3.2 6.0 28 28 1.35 20.80 33
556 Tata Retrmnt Savings Cons 8.8 5.5 7.6 - 8 6 2.47 21.72 10.2 6.9 9.1 8 4 1.05 23.99 138
557 UTI Regular Savings 1.5 2.6 5.6 7.8 26 24 1.78 41.13 2.2 3.3 6.3 27 26 1.11 43.21 1673
VR MIP Total Return Index 5.1 6.2 7.2 8.0


Hybrid: Equity Savings 3.1 2.8 4.8 14 9 4.3 4.0 5.7 14 8
558 ABSL Eqt Savings 3.7 1.6 5.3 - 13 5 2.53 13.63 4.7 2.7 6.4 13 4 1.61 14.49 535
559 Axis Equity Saver 3.6 5.0 - - 3 - 2.33 13.25 4.9 6.2 - 3 - 1.02 14.06 688
560 Baroda Equity Savings NR 9.8 - - - - - 2.47 11.00 NR 11.0 - - - - 1.45 11.12 426
561 DSP Equity Savings 2.6 2.0 - - 11 - 2.40 12.71 4.2 3.6 - 10 - 0.85 13.53 436
562 Edelweiss Equity Savings 9.1 6.4 6.8 - 1 1 1.74 15.10 10.2 7.5 7.6 1 1 0.74 15.74 72
563 Franklin Eqt Savings NR -0.6 - - - - - 2.11 10.04 NR 1.3 - - - - 0.92 10.39 149
564 HDFC Equity Savings -0.7 2.1 6.6 7.8 10 - 2.03 36.20 0.0 3.3 7.8 11 - 1.27 38.77 3141
565 ICICI Pru Equity Savings 1.6 4.4 6.7 - 4 3 1.35 14.18 2.2 5.1 - 5 - 0.70 13.19 1159
566 IDBI Eqt Savings NR 2.9 1.9 3.5 - - - 2.34 16.87 NR 3.8 3.4 4.7 - - 1.18 18.13 11
567 IDFC Equity Savings NR 4.9 4.0 4.9 6.5 - - 2.48 20.90 NR 6.0 5.0 5.8 - - 1.53 22.07 51
568 Invesco India Equity Savings NR 6.3 - - - - - 2.36 10.73 NR 8.2 - - - - 0.67 11.01 152
569 Kotak Equity Savings 6.4 5.7 6.7 - 2 2 2.20 15.08 7.4 6.5 7.5 2 2 1.24 15.73 1395
570 L&T Equity Savings 1.8 1.9 3.7 - 12 8 1.59 17.48 2.8 2.8 4.6 12 7 0.64 18.55 79
571 Mahindra Mnlfe EqtSvgs Dhn Schy Yjn 5.6 2.6 - - 9 - 2.42 11.79 7.3 4.6 - 8 - 0.74 12.63 198
572 Mirae Asset Equity Savings NR 7.2 - - - - - 1.43 11.17 NR 8.4 - - - - 0.39 11.38 92
573 Nippon India Eqt Svngs Fund -17.9 -6.4 -0.6 - 14 9 2.55 10.03 -17.2 -5.5 0.4 14 8 1.77 10.58 450
574 PGIM India Equity Savings 0.7 3.5 5.1 7.3 7 6 2.49 32.07 1.8 4.7 6.2 7 5 1.45 34.67 37
575 Principal Equity Savings 5.5 4.0 5.9 6.2 5 - 2.37 37.87 6.7 5.2 7.0 4 - 1.30 40.62 39
576 SBI Equity Savings 5.0 3.6 5.7 - 6 4 1.68 13.48 5.7 4.8 7.1 6 3 1.01 14.46 1344
577 Sundaram Equity Savings NR 3.2 - - - - - 2.41 10.68 NR 5.1 - - - - 0.91 11.01 105
578 Tata Equity Savings 2.8 3.3 4.3 6.3 8 7 2.30 33.79 3.9 4.4 5.5 9 6 1.19 36.43 96
579 Union Equity Savings NR 6.5 - - - - - 2.09 11.19 NR 7.0 - - - - 1.47 11.33 177
580 UTI Equity Savings NR 2.1 - - - - - 1.52 10.35 NR 2.9 - - - - 0.81 10.54 194
Hybrid: Arbitrage 4.4 5.5 5.9 7.1 17 15 5.1 6.1 6.5 17 15
581 ABSL Arbitrage 4.9 5.8 5.9 7.0 7 7 0.90 20.33 5.5 6.4 6.5 9 8 0.32 21.19 4387
582 Axis Arbitrage 4.8 5.7 5.9 - 10 10 1.06 14.34 5.6 6.5 6.7 4 3 0.31 15.04 3227
583 BNP Paribas Arbitrage 5.2 5.9 - - 4 - 1.00 12.36 5.8 6.5 - 3 - 0.45 12.62 809
584 BOI AXA Arbitrage NR 3.8 - - - - - 1.00 11.06 NR 4.5 - - - - 0.21 11.22 25
585 DSP Arbitrage NR 4.7 - - - - - 0.95 11.51 NR 5.3 - - - - 0.35 11.68 1146
586 Edelweiss Arbitrage 5.2 5.9 6.1 - 2 1 1.09 14.78 6.0 6.7 6.8 2 1 0.35 15.32 3708
587 Essel Arbitrage NR 1.3 - - - - - 2.25 10.66 NR 1.7 - - - - 1.76 10.78 0
588 HDFC Arbitrage 4.3 5.3 5.7 7.0 15 12 0.95 23.44 NR 4.9 5.9 6.3 15 13 0.40 15.03 5906
589 ICICI Pru Equity Arbitrage 4.8 5.8 6.0 7.5 8 6 0.98 26.19 5.4 6.4 6.6 11 5 0.45 27.32 11213
590 IDFC Arbitrage 4.4 5.7 5.9 7.2 11 11 1.08 24.91 5.2 6.4 6.5 6 7 0.30 26.05 8237
591 Indiabulls Arbitrage 4.2 5.4 5.9 - 13 8 1.12 14.04 4.8 6.0 6.5 14 11 0.42 14.51 22
592 Invesco India Arbitrage 5.0 5.7 5.9 7.0 9 9 1.03 24.21 5.7 6.4 6.5 10 10 0.32 25.33 522
593 ITI Arbitrage NR - - - - - - 1.00 10.35 NR - - - - - 0.25 10.42 15
594 JM Arbitrage 3.3 4.8 5.3 6.9 16 15 0.96 25.65 3.7 5.2 5.8 16 15 0.70 26.56 137
595 Kotak Equity Arbitrage 4.9 5.9 6.0 7.4 6 3 0.99 28.34 5.4 6.4 6.6 8 6 0.45 29.43 15853
596 L&T Arbitrage Opportunities 5.3 5.9 6.0 - 3 4 0.96 14.61 5.8 6.5 6.7 5 4 0.46 15.14 801
597 LIC MF Arbitrage NR 4.3 - - - - - 1.02 10.77 NR 5.0 - - - - 0.47 10.87 62
598 Mirae Asset Arbtg Fund NR - - - - - - - 10.02 NR - - - - - - 10.03 178
599 Nippon India Arbitrage 4.9 6.0 6.1 - 1 2 1.02 20.35 5.6 6.7 6.7 1 2 0.31 21.23 7847
600 PGIM India Arbitrage 4.5 5.4 5.7 - 14 14 1.07 14.25 5.0 6.0 6.3 13 12 0.43 14.73 114
601 Principal Arbitrage 2.5 2.2 - - 17 - 0.90 11.42 3.0 2.7 - 17 - 0.44 11.70 6
602 SBI Arbitrage Opportunities 4.3 5.6 5.7 7.2 12 13 0.90 25.68 4.8 6.2 6.3 12 14 0.45 26.65 5046
603 Sundaram Arbtg NR - - - - - - 0.93 10.14 NR - - - - - 0.26 10.18 99
CCIL T Bill Liquidity Weight 3.8 4.1 4.3 4.8
VR MIP Total Return Index 5.1 6.2 7.2 8.0


Hybrid: Arbitrage 4.4 5.5 5.9 7.1 17 15 5.1 6.1 6.5 17 15
604 Tata Arbitrage NR 5.4 - - - - - 1.13 11.00 NR 6.3 - - - - 0.38 11.13 2062
605 Union Arbitrage NR 5.2 - - - - - 1.00 10.84 NR 5.7 - - - - 0.41 10.92 88
606 UTI Arbitrage 5.0 5.9 6.0 7.0 5 5 0.93 26.74 5.5 6.4 6.5 7 9 0.35 27.70 2986
Hybrid: Dynamic Asset Allocation 5.4 3.4 5.5 8.2 14 12 6.7 4.5 6.6 14 12
607 ABSL Asset Allocator MMFoF 10.3 4.1 7.4 6.9 7 1 1.29 31.19 10.7 4.4 7.6 9 4 0.64 15.72 5
608 ABSL Balanced Advantage 4.7 3.3 7.3 8.2 8 2 2.09 54.66 5.7 4.5 8.3 8 1 0.99 58.51 2374
609 Axis Dynamic Equity NR 3.1 - - - - - 2.13 11.20 NR 4.5 - - - - 0.73 11.72 1549
610 Baroda Dynamic Equity NR 14.7 - - - - - 2.44 11.97 NR 16.2 - - - - 1.25 12.28 566
611 BNP Paribas Dynamic Eqt NR 8.1 - - - - - 2.37 11.24 NR 10.1 - - - - 0.55 11.54 102
612 BOI AXA Eqt Debt Rebalancer 6.6 -0.4 2.9 - 13 11 2.34 14.52 7.3 0.3 3.5 13 11 1.72 15.03 96
613 DSP Dynamic Asset Allocation 7.6 5.0 7.0 - 6 3 2.18 16.40 9.4 6.5 8.3 4 2 0.54 17.63 1337
614 Edelweiss Balanced Advtg 12.9 6.2 6.1 9.0 2 5 2.15 25.94 14.6 7.5 7.2 1 6 0.68 27.66 1336
615 Franklin Dynamic Asset Alloc FoF -17.1 -2.8 1.9 6.2 14 12 1.37 69.25 -16.2 -1.7 3.0 14 12 0.39 74.65 720
616 HDFC Balanced Advantage NR -9.4 -1.5 4.3 8.9 - - 1.62 176.27 NR -8.8 -0.7 5.3 - - 1.07 184.76 35429
617 ICICI Pru Balanced Advantage 4.7 5.1 6.9 10.8 4 4 1.74 36.93 5.3 6.0 8.1 6 3 1.17 39.95 25409
618 IDFC Dynamic Equity 10.4 5.9 6.0 - 3 6 2.37 14.49 11.9 7.5 7.4 3 5 1.00 15.66 869
619 Invesco India Dynamic Equity 3.2 2.5 5.5 9.1 10 7 2.36 29.52 4.5 3.8 7.1 10 7 1.05 32.74 741
620 ITI Balanced Advtg NR - - - - - - 2.53 8.65 NR - - - - - 0.43 8.76 213
621 Kotak Balanced Advantage NR 8.8 - - - - - 1.98 11.39 NR 9.9 - - - - 0.78 11.64 3812
622 L&T Balanced Advantage 9.2 6.3 4.8 - 1 - 2.44 26.37 10.6 7.5 6.0 2 - 1.20 28.58 645
623 Motilal Oswal Dynamic 10.1 5.1 - - 5 - 2.23 13.38 11.5 6.2 - 5 - 0.83 13.97 1111
624 Nippon India Balanced Advantage NR 1.5 2.6 5.4 9.1 - - 2.00 91.12 NR 2.9 3.8 6.4 - - 0.78 96.78 2782
625 Principal Balanced Advantage 4.9 3.2 4.7 - 9 10 2.43 21.27 6.3 4.7 6.0 7 9 1.04 23.15 139
626 SBI Dynamic Asset Allocation -0.1 2.4 5.5 - 11 8 2.02 13.17 1.0 3.6 6.4 11 8 0.97 13.78 576
627 Shriram Balanced Advantage NR 6.7 - - - - - 2.60 10.57 NR 8.9 - - - - 0.60 10.80 42
628 Sundaram Balanced Advtg NR - - - - - - 2.48 11.27 NR - - - - - 0.55 11.36 564
629 Tata Balanced Advantage NR 7.7 - - - - - 2.44 11.07 NR 9.7 - - - - 0.86 11.39 1021
630 Union Balanced Advantage NR 11.2 - - - - - 2.58 11.84 NR 11.9 - - - - 1.81 12.04 457
631 UTI Unit Linked Insurance 5.0 2.1 5.2 7.4 12 9 1.55 25.20 5.7 2.7 5.8 12 10 1.13 26.28 4260
Hybrid: Multi Asset Allocation 6.3 3.3 5.8 7.2 10 10 7.0 4.1 6.6 10 10
632 ABSL Fin Planning FOF Agrsv NR 7.7 3.4 6.9 - 7 2 1.07 23.64 NR 8.6 4.2 7.7 7 3 0.32 24.89 115
633 ABSL Fin Planning FOF Cons NR 9.1 5.3 6.8 - 3 5 0.86 19.96 NR 9.6 5.9 7.3 3 5 0.33 20.74 7
634 ABSL Fin Planning FOF Moderate Plan NR 8.8 4.6 6.8 - 4 4 1.00 21.42 NR 9.3 5.1 7.4 4 4 0.47 22.24 15
635 Axis Retrmnt Svngs - Dynamic Plan NR - - - - - - 2.35 9.77 NR - - - - - 0.55 9.88 240
636 Axis Triple Advantage NR 9.0 6.2 6.9 - 2 3 2.36 21.14 NR 10.4 7.4 8.1 1 2 0.91 22.96 350
637 Essel 3 in 1 NR 6.0 3.7 5.4 - 5 8 2.24 18.59 NR 7.4 4.9 6.8 5 6 0.79 20.35 16
638 Franklin Multi Asset Solution NR -16.2 -4.1 0.5 - 10 10 1.57 10.46 NR -15.7 -3.2 1.7 10 10 0.95 11.27 19
639 HDFC Dynamic PE Ratio FOF NR 2.3 2.1 5.7 - 8 7 1.00 18.77 NR 3.2 2.9 6.7 8 7 0.20 19.97 17
640 HDFC Multi Asset NR 11.9 5.1 6.6 8.3 - - 2.47 34.80 NR 12.9 5.8 7.3 - - 1.62 36.47 238
641 HSBC Managed Solutions Ind Moderate NR 2.8 1.8 6.2 - 9 6 1.93 17.09 NR 3.4 2.3 6.5 9 8 1.34 17.44 86
642 ICICI Pru Multi Asset NR -0.7 2.5 7.0 9.9 - - 1.76 261.06 NR 0.0 3.4 7.9 - - 1.03 277.71 10484
643 Quant Multi Asset NR 16.2 7.6 8.4 7.7 - - 2.48 43.64 NR 16.4 7.6 8.4 - - 2.38 43.59 1
644 Quantum Multi Asset FOFs NR 9.7 6.9 8.1 - 1 1 0.50 20.30 NR 10.0 7.1 8.3 2 1 0.26 20.40 20
645 SBI Multi Asset Allocation NR 12.9 7.4 7.9 9.1 - - 1.83 30.66 NR 13.6 8.3 8.9 - - 1.21 32.56 235
646 Tata Multi Asset Opp Fund NR - - - - - - 2.49 10.64 NR - - - - - 0.90 10.73 377
647 UTI Multi Asset NR 8.2 3.5 4.8 7.2 6 9 2.41 35.75 NR 9.0 4.5 5.6 6 9 1.75 37.89 637

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 1.9 5.7 11.1 8.9 2 1 1.9 5.5 11.6 9.5 2 1
648 Bhrt Bond ETF - April 2030 NR 2.0 6.6 - - - - 0.01 1107.81 NR - - - - - - - - 9390
649 Bhrt Bond ETF - April 2031 NR - - - - - - - 998.99 NR - - - - - - - - -
650 Bhrt Bond FOF - April 2030 NR 2.0 6.5 - - - - 0.05 11.07 NR 2.0 6.5 - - - - 0.05 11.07 1195
651 Bhrt Bond FOF - April 2031 NR - - - - - - - 9.99 NR - - - - - - - 9.99 -
652 ICICI Pru Long Term Bond NR 1.6 3.9 10.5 8.9 2 1 1.97 70.71 NR 1.6 4.0 11.1 9.5 2 1 1.37 75.29 1011
653 Nippon India Nivesh Lakshya NR 2.1 6.0 11.7 - 1 - 0.54 13.79 NR 2.1 6.1 12.1 - 1 - 0.22 13.88 1365
Debt: Medium to Long Duration 1.3 4.5 9.4 6.5 14 14 1.4 4.7 10.3 7.3 14 14
654 ABSL Income 1.7 6.0 11.3 7.8 4 5 0.72 95.72 1.8 6.2 12.0 8.6 5 6 0.25 101.05 1456
655 Canara Robeco Income 1.2 4.8 10.2 7.7 8 6 1.88 44.72 1.3 5.1 11.4 8.7 7 5 0.75 47.44 128
656 HDFC Income 1.2 3.7 9.1 5.7 11 12 2.33 45.78 1.3 3.9 9.6 6.3 11 12 1.80 48.33 568
657 HSBC Debt 0.7 3.1 8.2 6.8 12 11 2.07 34.14 0.7 3.3 9.2 7.6 12 11 1.23 36.23 37
658 ICICI Pru Bond 1.6 5.7 12.7 8.2 2 3 1.08 30.22 1.7 5.8 13.3 8.8 2 4 0.61 31.21 3645
659 ICICI Pru Debt Management (FOF) 1.2 4.6 9.8 7.6 10 7 0.84 33.01 1.3 4.6 10.2 8.2 10 8 0.49 34.07 167
660 IDFC Bond Income 1.0 4.0 11.1 8.2 5 4 1.97 52.72 1.0 4.2 11.8 8.9 6 3 1.34 55.84 685
661 JM Income 2.7 4.2 5.4 2.0 13 13 1.16 49.61 2.7 4.5 6.5 3.0 13 13 0.40 53.51 29
662 Kotak Bond 1.2 4.8 10.9 7.4 6 8 1.92 59.51 1.3 5.1 12.1 8.4 4 7 0.80 63.41 1453
663 LIC MF Bond 1.2 4.1 10.0 7.3 9 9 1.08 56.67 1.3 4.3 10.7 7.9 9 10 0.18 59.09 180
664 Nippon India Income 0.8 3.2 10.4 8.2 7 2 1.75 70.06 0.9 3.4 11.3 9.1 8 2 1.02 74.61 438
665 SBI Magnum Income 1.3 4.9 12.8 8.3 1 1 1.47 53.08 1.4 5.1 13.5 9.1 1 1 0.86 55.44 1342
666 Tata Income 1.7 5.3 11.6 6.9 3 10 1.94 63.90 1.7 5.5 12.6 8.0 3 9 1.09 68.12 46
667 UTI Bond 1.1 4.8 -1.4 -1.1 14 14 1.57 50.07 1.1 5.0 -0.5 -0.3 14 14 0.96 53.54 312
Debt: Medium Duration 1.1 4.4 5.8 5.7 16 14 1.2 4.6 6.6 6.5 16 14
668 ABSL Medium Term 5.3 9.1 -3.2 2.1 15 13 0.85 22.58 5.4 9.3 -2.5 2.8 15 13 0.05 23.74 2008
669 Axis Strategic Bond 1.5 4.3 10.1 7.5 6 4 1.04 20.24 1.5 4.4 10.9 8.2 6 4 0.35 21.50 839
670 Bhrt Bond ETF - April 2023 NR 1.1 5.1 - - - - 0.01 1079.71 NR - - - - - - - - 4519
671 Bhrt Bond ETF - April 2025 NR - - - - - - - 1001.05 NR - - - - - - - - -
672 Bhrt Bond FOF - April 2023 NR 1.0 5.0 - - - - 0.05 10.78 NR 1.0 5.0 - - - - 0.05 10.78 860
673 Bhrt Bond FOF - April 2025 NR - - - - - - - 10.01 NR - - - - - - - 10.01 -
674 BNP Paribas Medium Term 0.9 3.5 7.5 2.8 12 12 1.02 14.67 0.9 3.6 8.1 3.5 12 12 0.58 15.39 51
675 DSP Bond 0.9 5.0 9.5 5.2 7 10 0.76 62.09 0.9 5.1 9.9 5.6 7 10 0.40 64.78 251
676 HDFC Medium Term Debt 1.4 4.4 8.7 7.3 8 5 1.29 41.47 1.5 4.6 9.6 8.1 8 5 0.49 43.45 933
677 ICICI Pru Medium Term Bond 1.9 5.0 10.6 7.2 5 6 1.62 32.34 1.9 5.2 11.2 8.0 5 6 0.98 34.37 4864
678 ICICI Pru Retrmnt Pure Debt NR 1.4 5.4 11.0 - 3 - 2.07 11.73 NR 1.5 5.9 13.0 - 1 - 0.38 12.03 404
679 IDFC Bond Medium Term 0.9 4.2 10.8 8.2 4 3 1.43 36.02 1.0 4.4 11.5 8.9 4 3 0.75 37.92 3145
680 Indiabulls Income 1.1 2.9 8.3 8.5 9 2 0.90 17.43 1.2 3.0 8.8 9.0 10 2 0.40 18.51 29
681 Kotak Medium Term 1.1 5.9 8.0 6.1 10 8 1.90 16.66 1.2 6.2 9.0 7.0 9 8 0.87 17.63 1420
682 L&T Resurgent India Bond 1.6 4.3 7.5 5.8 11 9 1.50 14.96 1.7 4.5 8.5 6.7 11 9 0.60 15.69 685
683 Nippon India Strategic Debt -0.9 1.0 -24.8 -8.3 16 - 2.11 10.49 -0.8 1.1 -24.2 -7.5 16 - 1.56 11.06 418
684 SBI Magnum Medium Duration 1.1 5.0 12.1 8.9 1 1 1.22 37.79 1.1 5.1 12.6 9.5 2 1 0.78 39.80 3384
685 Sundaram Medium Term Bond 1.1 4.5 7.1 6.2 13 7 2.18 57.14 1.2 4.8 8.0 7.2 13 7 1.33 60.98 73
686 Tata Medium Term 1.2 5.2 11.3 1.2 2 14 1.37 27.34 1.3 5.5 12.3 2.1 3 14 0.37 29.46 45
687 UTI Medium Term -2.5 -0.1 -1.1 3.6 14 11 1.63 13.70 -2.4 0.1 -0.4 4.3 14 11 1.10 14.23 112
Debt: Short Duration 1.7 4.5 8.9 6.2 27 24 1.8 4.7 9.7 6.9 27 24
688 ABSL Short Term 1.8 6.1 9.8 7.9 17 9 1.13 35.14 1.9 6.2 10.6 8.6 17 10 0.43 36.78 2367
689 Axis Short Term 1.1 4.7 11.1 8.4 6 3 0.99 23.24 1.2 4.9 11.8 9.1 6 1 0.30 24.59 7170
690 Baroda Short Term Bond 1.1 3.6 8.3 7.8 21 10 1.35 22.21 1.1 3.8 9.1 8.6 21 11 0.62 23.30 200
691 BNP Paribas Short term 1.1 4.6 10.9 7.4 8 14 0.95 23.79 1.1 4.8 11.8 8.2 7 14 0.35 24.91 158
692 BOI AXA ST Income 0.6 2.8 -8.3 -3.3 27 24 1.10 16.64 0.6 2.9 -7.8 -2.7 27 24 0.55 17.68 34
VR Bond Index 0.8 2.3 7.2 7.0

Debt REGULAR DIRECT

Debt: Short Duration 1.7 4.5 8.9 6.2 27 24 1.8 4.7 9.7 6.9 27 24
693 Canara Robeco Short Duration 1.0 4.3 9.8 7.5 18 - 1.02 19.81 1.1 4.5 10.5 8.2 18 - 0.37 20.97 575
694 DSP Short-term 0.9 4.0 10.4 7.7 15 12 0.93 35.82 0.9 4.2 11.1 8.4 15 12 0.30 37.75 3421
695 HDFC Short Term Debt 1.5 5.3 11.7 8.8 3 1 0.74 23.81 1.5 5.4 12.0 9.0 4 3 0.24 24.10 11138
696 HSBC Short Duration 9.1 1.6 6.7 3.3 22 22 1.29 30.44 9.2 1.8 7.8 4.3 22 20 0.25 32.60 177
697 ICICI Pru Short Term 1.4 5.1 11.3 8.1 5 7 1.15 44.40 1.4 5.3 12.1 8.9 3 5 0.40 46.83 15234
698 IDBI Short Term Bond 1.7 5.7 6.6 5.0 23 17 1.30 19.35 1.7 5.8 7.4 6.0 23 17 0.83 20.66 24
699 IDFC All Seasons Bond 0.9 4.9 11.9 8.5 2 2 0.56 33.39 1.0 5.0 12.3 9.0 2 4 0.17 34.48 125
700 IDFC Bond Short Term 0.9 4.6 10.9 8.3 7 4 0.80 43.56 0.9 4.7 11.5 8.9 11 6 0.28 45.55 12716
701 Indiabulls Short Term 0.8 1.9 4.4 6.1 26 15 1.43 1659.68 0.9 2.2 5.6 7.3 24 15 0.13 1797.73 32
702 Invesco India Short Term 1.1 4.8 10.6 7.8 13 11 1.25 2775.26 1.2 5.0 11.6 8.7 10 8 0.40 2958.99 745
703 JM Short-term 3.3 5.0 4.4 3.6 25 21 0.70 26.44 3.3 5.1 4.7 3.9 26 23 0.67 26.95 29
704 Kotak Bond Short-term 1.1 4.4 10.7 8.1 11 6 1.14 39.87 1.2 4.6 11.6 9.0 8 2 0.32 42.21 11858
705 L&T Short Term Bond 0.8 3.9 10.8 8.3 9 5 0.75 20.39 0.8 4.0 11.4 8.8 12 7 0.25 21.11 4694
706 LIC MF Short Term Debt NR 0.8 3.6 9.1 - 20 - 1.44 11.51 NR 0.8 3.9 10.3 - 20 - 0.39 11.69 288
707 Mirae Asset Short Term 1.0 3.6 9.4 - 19 - 1.09 12.14 1.0 3.8 10.3 - 19 - 0.28 12.36 391
708 Nippon India Short-term 1.0 4.0 10.2 7.5 16 13 1.14 39.45 1.1 4.2 11.1 8.3 16 13 0.34 41.40 6825
709 PGIM India Short Maturity 0.8 4.0 12.5 4.0 1 19 1.42 34.63 0.9 4.3 13.4 4.9 1 19 0.65 36.93 33
710 Principal Short Term Debt 7.8 11.2 10.7 4.4 12 18 1.04 33.70 7.8 11.4 11.1 5.1 14 18 0.60 35.54 88
711 SBI Short Term Debt 1.0 4.1 10.8 8.0 10 8 0.84 24.50 1.1 4.3 11.3 8.7 13 9 0.34 25.40 14777
712 Sundaram Short Term Debt 1.2 4.7 4.6 3.2 24 23 1.00 31.64 1.2 4.9 5.3 4.0 25 22 0.27 33.67 123
713 Tata Short-term Bond 1.1 4.8 10.6 5.8 14 16 1.20 37.16 1.2 5.1 11.6 6.7 9 16 0.28 39.40 2736
714 UTI Short-term Income 1.1 4.9 11.4 3.7 4 20 0.79 22.84 1.1 5.0 11.8 4.1 5 21 0.42 23.64 1669
Debt: Low Duration 2.7 4.1 6.5 5.2 25 25 2.8 4.2 7.0 5.7 25 25
715 ABSL Low Duration 0.8 3.4 8.5 7.6 7 8 1.23 500.80 0.8 3.6 9.4 8.5 4 2 0.41 533.21 11158
716 Axis Treasury Advantage 0.7 3.1 8.5 7.9 6 2 0.61 2333.65 0.7 3.2 8.9 8.4 10 3 0.30 2407.93 4955
717 Baroda Treasury Advantage 26.3 19.4 -19.4 -9.2 25 25 0.90 1457.99 26.3 19.4 -19.1 -8.9 25 25 0.69 1493.07 33
718 BNP Paribas Low Duration 0.6 2.9 8.5 7.3 9 11 1.00 30.94 0.7 3.1 9.4 8.1 5 6 0.12 32.62 236
719 Canara Robeco Savings 0.5 2.5 7.6 7.4 16 9 0.55 32.34 0.6 2.6 7.9 7.6 18 12 0.31 32.79 1049
720 DSP Low Duration 0.5 2.7 9.3 7.7 2 5 0.58 15.13 0.5 2.8 9.6 8.0 3 7 0.30 15.39 2714
721 Edelweiss Low Duration -6.8 -6.8 -2.6 -0.5 24 24 1.01 1959.55 -6.8 -6.7 -1.8 0.3 24 24 0.21 2020.86 20
722 HDFC Low Duration 0.9 3.6 8.2 7.3 14 10 1.04 43.51 1.0 3.8 8.9 7.9 9 10 0.44 45.81 15077
723 HSBC Low Duration 8.3 0.0 4.1 2.5 21 21 1.02 15.80 8.4 0.3 5.0 3.3 21 21 0.19 16.71 96
724 ICICI Pru Savings 0.9 3.8 9.0 8.0 4 1 0.50 402.62 0.9 3.9 9.1 8.1 6 5 0.41 405.89 18689
725 IDFC Low Duration 0.6 2.8 8.3 7.7 13 7 0.50 29.49 0.6 2.9 8.5 7.9 15 11 0.28 29.85 4575
726 Invesco India Treasury Advtg 0.7 3.1 8.6 7.8 5 4 0.65 2887.80 0.7 3.2 8.9 8.1 8 4 0.33 2965.45 1982
727 JM Low Duration 20.5 22.7 18.1 6.3 1 15 0.46 28.55 20.5 22.8 18.3 6.4 1 17 0.42 28.78 32
728 Kotak Low Duration 0.7 3.9 9.1 7.9 3 3 1.08 2552.74 0.8 4.1 10.0 8.7 2 1 0.34 2680.46 5969
729 L&T Low Duration 2.7 5.3 7.3 6.3 18 16 0.95 21.54 2.7 5.4 7.9 6.8 17 15 0.45 22.14 411
730 LIC MF Savings 1.6 3.6 8.3 6.1 12 17 0.83 30.45 1.6 3.7 8.8 6.7 11 16 0.28 32.05 683
731 Mahindra Manulife Low Duration 0.6 2.5 7.5 7.0 17 13 1.13 1264.23 0.6 2.7 8.3 8.0 16 9 0.31 1304.09 403
732 Mirae Asset Savings 1.1 3.0 7.0 6.4 19 14 0.85 1738.89 1.1 3.1 7.6 7.1 19 14 0.27 1836.16 486
733 Nippon India Low Duration 0.7 3.1 8.5 7.1 10 12 1.05 2827.84 0.7 3.3 9.1 7.6 7 13 0.34 2907.79 2925
734 PGIM India Low Duration -1.7 -0.6 3.8 -0.1 22 23 1.19 22.67 -1.7 -0.4 4.6 0.6 22 22 0.40 23.73 72
735 Principal Low Duration 5.9 7.4 6.2 0.2 20 22 0.57 2668.38 6.0 7.4 6.4 0.5 20 23 0.35 2775.12 98
736 SBI Magnum Low Duration 0.6 2.7 8.1 7.7 15 6 1.05 2685.20 0.7 2.8 8.7 8.0 12 8 0.40 2719.10 8548
737 Sundaram Low Duration 0.6 2.6 3.0 3.7 23 19 0.83 25.41 0.6 2.7 3.5 4.3 23 19 0.33 26.42 401
738 Tata Treasury Advantage 0.7 3.0 8.4 5.7 11 18 0.54 2987.48 0.7 3.0 8.5 5.9 14 18 0.36 3026.45 667
739 UTI Treasury Advantage 0.7 3.0 8.5 3.5 8 20 0.38 2545.61 0.7 3.0 8.6 3.6 13 20 0.29 2572.98 1865

Debt REGULAR DIRECT

Debt: Ultra Short Duration 0.5 1.8 6.4 6.0 25 16 0.5 1.9 6.9 6.5 25 16
740 ABSL Savings 0.7 2.9 8.0 7.8 3 2 0.45 410.13 0.7 3.0 8.1 7.9 4 2 0.33 413.74 11830
741 Axis Ultra Short Term 0.4 1.9 6.4 - 12 - 1.19 11.41 0.5 2.1 7.4 - 8 - 0.28 11.60 3273
742 Baroda Ultra Short Duration 0.3 1.5 6.3 - 13 - 0.43 1167.24 0.4 1.5 6.5 - 17 - 0.25 1171.97 145
743 BOI AXA Ultra Short Duration 0.4 1.6 6.3 7.2 15 5 0.58 2466.56 0.4 1.7 6.5 7.4 18 7 0.33 2509.74 209
744 Canara Robeco Ultra ST 0.3 1.6 5.9 6.1 18 9 0.95 2992.20 0.4 1.8 6.5 6.7 19 11 0.36 3097.44 204
745 DSP Ultra Short 0.3 1.5 6.1 6.0 17 11 0.99 2651.08 0.3 1.6 6.8 6.8 16 10 0.30 2783.05 2712
746 Essel Ultra Short Term 0.3 1.3 5.1 6.0 23 10 1.60 2166.03 0.3 1.5 5.8 6.8 22 9 0.72 2268.47 21
747 HDFC Ultra Short Term 0.6 2.4 7.3 - 5 - 0.64 11.53 0.6 2.5 7.7 - 5 - 0.34 11.60 7697
748 HSBC Ultra SD NR 0.4 1.8 - - - - 0.47 1032.72 NR 0.4 1.9 - - - - 0.22 1034.04 537
749 ICICI Pru Ultra Short Term 0.6 2.6 7.6 7.5 4 - 1.04 20.88 0.7 2.7 8.3 8.1 3 - 0.39 22.07 5571
750 IDBI Ultra Short Term 0.6 2.0 10.6 6.4 1 8 0.66 2108.23 0.7 2.1 11.1 7.0 1 8 0.26 2200.61 169
751 IDFC Ultra Short Term 0.4 1.9 7.1 - 7 - 0.42 11.65 0.4 1.9 7.3 - 9 - 0.26 11.69 5768
752 Indiabulls Ultra Short Term 0.3 1.6 6.6 7.0 10 7 0.66 1982.95 0.4 1.7 7.1 7.5 11 6 0.11 2054.02 24
753 Invesco India Ultra Short Term 0.4 1.8 6.5 7.0 11 - 0.89 2086.22 0.4 2.0 7.1 7.6 12 - 0.24 2167.37 602
754 JM Ultra Short Duration 4.1 5.1 5.9 4.4 19 13 0.96 26.62 4.1 5.3 6.4 4.9 20 14 0.46 27.47 28
755 Kotak Savings 0.5 2.1 7.1 7.3 8 4 0.76 32.94 0.5 2.2 7.6 7.7 6 4 0.32 33.77 9189
756 L&T Ultra Short Term 0.4 1.9 6.8 7.1 9 6 0.53 33.47 0.4 1.9 7.2 7.5 10 5 0.23 34.28 1960
757 LIC MF Ultra ST NR 0.4 1.4 - - - - 0.41 1033.24 NR 0.4 1.5 - - - - 0.21 1035.26 33
758 Mahindra Manulife Ultra ST NR 0.4 2.0 - - - - 0.75 1055.77 NR 0.5 2.1 - - - - 0.33 1059.30 129
759 Motilal Oswal Ultra Short Term 0.2 0.9 5.3 0.9 21 16 0.08 13.28 0.2 0.9 5.3 1.0 23 16 0.08 13.65 40
760 Nippon India Ultra Short Duration -0.8 0.7 0.2 4.1 25 15 1.10 2922.04 -0.7 0.9 1.0 4.9 25 15 0.33 3100.94 682
761 PGIM India Ultra ST 0.4 1.9 10.0 9.4 2 1 0.76 26.42 0.4 2.0 10.0 9.6 2 1 0.26 26.84 87
762 Principal Ultra Short Term 0.3 1.3 5.2 4.3 22 14 1.05 2137.37 0.4 1.5 6.0 5.1 21 13 0.20 2207.91 140
763 SBI Magnum Ultra Short Duration 0.5 2.1 7.2 7.6 6 3 0.49 4564.45 0.5 2.1 7.4 7.7 7 3 0.33 4599.18 9750
764 Sundaram Ultra Short Term NR 0.4 1.5 5.7 - 20 - 1.40 10.66 NR 0.5 1.8 6.9 - 15 - 0.20 10.79 313
765 Tata Ultra Short Term 0.4 1.6 6.1 - 16 - 0.99 11.03 0.4 1.7 6.9 - 14 - 0.47 11.14 121
766 UTI Ultra Short Term 0.5 1.7 6.3 5.3 14 12 0.95 3174.80 0.5 1.8 6.9 6.0 13 12 0.39 3314.86 1296
767 YES Ultra Short Term NR 0.1 0.5 4.2 - 24 - 1.32 1053.47 NR 0.2 0.6 4.8 - 24 - 0.82 1060.14 3
Debt: Liquid 0.3 0.9 4.9 6.2 42 36 0.3 1.0 5.1 6.4 39 35
768 ABSL Liquid 0.3 1.1 5.3 6.6 4 5 0.30 322.55 0.3 1.1 5.4 6.7 7 6 0.21 324.50 36679
769 Axis Liquid 0.3 1.0 5.3 6.6 9 6 0.22 2225.67 0.3 1.0 5.4 6.6 13 10 0.15 2236.43 27032
770 Baroda Liquid 0.3 0.9 5.2 6.5 18 12 0.32 2301.91 0.3 0.9 5.3 6.6 15 13 0.22 2318.62 3373
771 BNP Paribas Liquid 0.3 0.9 5.2 6.5 14 16 0.18 3075.06 0.3 0.9 5.3 6.6 14 11 0.08 3098.02 849
772 BOI AXA Liquid 0.2 1.0 5.1 6.5 25 22 0.21 2301.10 0.3 1.0 5.2 6.6 25 21 0.12 2317.70 456
773 Canara Robeco Liquid 0.3 0.8 4.6 6.3 32 30 0.14 2409.50 0.3 0.8 4.7 6.3 33 30 0.12 2416.56 1011
774 DSP Liquid ETF NR 0.2 0.6 4.0 - 40 - 0.61 1000.00 NR - - - - - - - - 112
775 DSP Liquidity 0.3 0.9 5.2 6.5 21 20 0.22 2859.88 0.3 0.9 5.3 6.6 21 18 0.14 2879.45 9668
776 Edelweiss Liquid 0.2 0.9 5.2 6.5 15 14 0.36 2570.14 0.3 1.0 5.5 6.7 4 5 0.11 2595.41 568
777 Essel Liquid 0.3 0.8 4.6 6.3 34 29 0.20 2189.79 0.3 0.8 4.6 6.4 34 29 0.15 2204.25 39
778 Franklin Liquid 0.2 1.0 5.5 6.7 2 1 0.19 3013.02 0.3 1.0 5.6 6.8 2 2 0.11 3026.96 2703
779 HDFC Liquid 0.3 1.0 5.1 6.4 22 27 0.30 3937.38 0.3 1.0 5.2 6.5 22 26 0.20 3962.02 99867
780 HSBC Cash 0.3 1.0 5.1 6.5 24 15 0.21 1997.01 0.3 1.0 5.2 6.6 23 17 0.12 2005.86 3463
781 ICICI Pru Liquid 0.3 1.1 5.3 6.5 10 10 0.32 296.83 0.3 1.1 5.4 6.6 11 14 0.20 298.25 57335
782 ICICI Pru Liquid ETF NR 0.2 0.6 3.8 - 41 - 0.50 1000.00 NR - - - - - - - - 30
783 IDBI Liquid 0.3 1.1 5.5 6.6 3 3 0.17 2148.17 0.3 1.1 5.6 6.7 3 3 0.13 2164.23 1264
784 IDFC Cash 0.3 0.9 5.0 6.4 28 28 0.19 2423.35 0.3 0.9 5.0 6.4 29 28 0.14 2434.79 11912
785 IIFL Liquid 0.2 0.8 4.4 5.9 36 31 0.25 1555.27 0.2 0.8 4.4 5.9 36 31 0.20 1560.52 579
786 Indiabulls Liquid 0.3 0.8 5.0 6.4 29 26 0.22 1948.56 0.3 0.8 5.1 6.5 28 25 0.12 1963.05 241
787 Invesco India Liquid 0.3 1.0 5.0 6.4 26 23 0.22 2752.63 0.3 1.0 5.1 6.5 26 24 0.15 2766.83 3670

Debt REGULAR DIRECT

Debt: Liquid 0.3 0.9 4.9 6.2 42 36 0.3 1.0 5.1 6.4 39 35
788 ITI Liquid NR 0.2 0.7 4.1 - 39 - 0.23 1057.55 NR 0.3 0.7 4.2 - 38 - 0.12 1059.03 34
789 JM Liquid 0.3 0.9 5.0 6.5 27 21 0.14 54.74 0.3 0.9 5.1 6.5 27 22 0.15 55.07 3137
790 Kotak Liquid 0.3 1.0 5.1 6.4 23 24 0.25 4056.63 0.3 1.0 5.2 6.5 24 27 0.20 4071.93 36040
791 L&T Liquid 0.3 1.0 5.2 6.5 13 13 0.20 2748.75 0.3 1.0 5.3 6.6 17 20 0.15 2760.27 7906
792 LIC MF Liquid 0.3 1.0 5.3 6.5 7 18 0.25 3626.83 0.3 1.1 5.5 6.6 5 12 0.11 3656.77 7502
793 Mahindra Manulife Liquid 0.3 1.0 5.3 6.6 5 8 0.26 1301.12 0.3 1.1 5.5 6.7 6 4 0.15 1307.94 2144
794 Mirae Asset Cash Management 0.3 1.0 5.2 6.5 20 19 0.20 2098.31 0.3 1.0 5.3 6.6 20 19 0.11 2123.98 3106
795 Motilal Oswal Liquid 0.2 0.7 4.2 - 37 - 0.36 10.80 0.2 0.8 4.4 - 37 - 0.21 10.82 616
796 Nippon India ETF Liquid BeES NR 0.2 0.6 2.5 4.4 42 35 0.76 1000.00 NR - - - - - - - - 2846
797 Nippon India Liquid 0.3 1.0 5.3 6.6 6 4 0.28 4895.58 0.3 1.1 5.4 6.7 10 7 0.19 4925.88 30604
798 Parag Parikh Liquid 0.2 0.8 4.6 - 33 - 0.26 1127.28 0.2 0.8 4.7 - 32 - 0.16 1129.92 643
799 PGIM India Insta Cash 0.3 1.1 5.3 6.6 12 7 0.27 260.84 0.3 1.1 5.4 6.7 9 8 0.05 262.36 651
800 Principal Cash Mgmt 0.3 0.9 4.8 3.1 31 36 0.22 1770.40 0.3 0.9 4.8 3.2 31 35 0.12 1780.07 146
801 Quant Liquid 0.4 1.2 5.7 6.7 1 2 0.97 31.51 0.4 1.3 6.1 6.9 1 1 0.62 31.90 55
802 Quantum Liquid 0.2 0.8 4.5 5.8 35 32 0.26 27.17 0.2 0.8 4.6 5.8 35 32 0.16 27.23 404
803 SBI Liquid 0.3 1.0 5.2 6.4 16 25 0.26 3137.26 0.3 1.0 5.3 6.5 18 23 0.18 3153.72 50762
804 Sundaram Money 0.3 1.0 5.2 6.5 19 17 0.26 42.22 0.3 1.0 5.3 6.6 19 16 0.17 42.46 3468
805 Tata Liquid 0.3 1.0 5.3 6.6 8 9 0.32 3159.01 0.3 1.0 5.4 6.7 8 9 0.21 3178.93 17858
806 Taurus Liquid 0.5 1.0 4.1 5.1 38 34 0.18 1973.61 0.2 0.7 3.8 5.1 39 34 0.14 1977.22 16
807 Union Liquid 0.3 1.0 5.3 5.2 11 33 0.19 1925.37 0.3 1.0 5.4 5.3 12 33 0.09 1939.75 545
808 UTI Liquid Cash 0.3 1.0 5.2 6.5 17 11 0.26 3283.72 0.3 1.0 5.3 6.6 16 15 0.16 3299.03 27081
809 YES Liquid 0.2 0.8 4.8 - 30 - 0.26 1088.87 0.2 0.8 4.9 - 30 - 0.18 1090.20 45
Debt: Money Market 0.4 1.8 6.8 7.1 18 13 0.4 1.9 7.1 7.4 18 13
810 ABSL Money Manager 0.6 2.4 7.7 7.8 3 1 0.31 277.34 0.6 2.4 7.9 8.0 3 1 0.18 279.28 9214
811 Axis Money Market NR 0.5 2.2 - - - - 0.31 1075.45 NR 0.5 2.2 - - - - 0.16 1076.96 1053
812 Baroda Money Market NR 0.2 0.8 5.4 - 16 - 0.65 1064.90 NR 0.2 0.8 5.7 - 16 - 0.32 1068.33 22
813 DSP Savings 0.5 2.3 7.1 7.2 9 - 0.44 40.34 0.5 2.4 7.3 7.5 8 - 0.25 41.09 1760
814 Franklin Savings 0.5 2.2 7.6 7.7 4 2 0.28 38.03 0.5 2.2 7.8 7.9 4 3 0.13 38.98 1301
815 HDFC Money Market 0.6 2.4 7.8 7.6 2 3 0.35 4305.33 0.6 2.5 8.0 7.9 2 4 0.21 4355.17 8422
816 ICICI Pru Money Maket 0.5 2.3 7.4 7.6 5 6 0.27 285.59 0.5 2.4 7.5 7.7 6 7 0.15 287.51 6861
817 IDFC Money Manager 0.4 1.9 6.3 6.2 14 11 1.02 31.30 0.5 2.1 7.1 6.9 12 11 0.20 32.85 2215
818 Indiabulls Savings 0.2 0.6 5.3 - 17 - 0.22 1126.53 0.2 0.7 5.4 - 17 - 0.09 1128.70 6
819 Invesco India Money Market 0.4 2.2 6.9 7.2 12 9 0.55 2337.02 0.4 2.3 7.2 7.5 11 10 0.20 2383.09 520
820 JM Money Market 0.2 0.8 4.4 6.0 18 12 0.57 28.16 0.2 0.8 4.6 6.2 18 12 0.39 28.62 24
821 Kotak Money Market 0.5 1.8 6.9 7.5 11 7 0.29 3379.87 0.5 1.8 7.0 7.5 13 9 0.17 3394.12 7970
822 L&T Money Market 0.4 1.8 8.8 7.4 1 8 0.73 20.36 0.4 1.9 9.3 7.9 1 2 0.25 20.97 1188
823 Nippon India Money Market 0.5 2.0 7.2 7.6 7 4 0.25 3112.01 0.5 2.0 7.3 7.7 9 5 0.15 3133.92 4265
824 PGIM India Money Market Fund NR 0.4 1.5 - - - - 1.04 1023.58 NR 0.5 1.7 - - - - 0.11 1026.92 153
825 Quant Money Market 0.3 1.2 6.0 6.9 15 - 0.21 31.61 0.3 1.2 6.1 7.0 15 - 0.11 31.89 20
826 SBI Savings 0.5 2.0 7.0 7.0 10 10 0.83 31.79 0.5 2.2 7.6 7.7 5 8 0.23 33.26 15422
827 Sundaram Money Market 0.4 1.5 6.6 - 13 - 0.29 11.42 0.4 1.5 6.7 - 14 - 0.20 11.44 200
828 Tata Money Market 0.5 2.3 7.4 5.0 6 13 0.43 3541.11 0.5 2.4 7.5 5.2 7 13 0.22 3565.33 424
829 UTI Money Market 0.5 2.2 7.2 7.6 8 5 0.27 2312.78 0.6 2.2 7.3 7.7 10 6 0.17 2331.19 5456
Debt: Overnight 0.3 0.7 4.2 5.2 23 3 0.3 0.8 4.3 5.5 23 3
830 ABSL Overnight 0.3 0.7 4.1 - 14 - 0.22 1088.36 0.3 0.8 4.3 - 14 - 0.10 1090.84 7621
831 Axis Overnight NR 0.3 0.8 4.2 - 6 - 0.10 1065.26 NR 0.3 0.8 4.3 - 12 - 0.05 1066.18 4259
832 Baroda Overnight NR 0.3 0.8 4.3 - 5 - 0.15 1058.52 NR 0.3 0.8 4.3 - 6 - 0.10 1059.20 163
833 BNP Paribas Overnight NR 0.3 0.7 4.2 - 9 - 0.18 1060.01 NR 0.3 0.8 4.3 - 7 - 0.08 1061.59 280
834 BOI AXA Overnight NR 0.3 0.8 - - - - 0.17 1019.00 NR 0.3 0.8 - - - - 0.07 1019.50 14

Debt REGULAR DIRECT

Debt: Overnight 0.3 0.7 4.2 5.2 23 3 0.3 0.8 4.3 5.5 23 3
835 Canara Robeco Overnight NR 0.3 0.8 4.3 - 3 - 0.12 1044.27 NR 0.3 0.8 4.3 - 4 - 0.10 1044.65 138
836 DSP Overnight 0.3 0.8 4.3 - 2 - 0.16 1078.61 0.3 0.8 4.4 - 2 - 0.09 1080.18 2819
837 Edelweiss Overnight NR 0.3 0.8 4.4 - 1 - 0.15 1045.12 NR 0.3 0.8 4.5 - 1 - 0.10 1045.96 923
838 Franklin Overnight NR 0.3 0.7 4.0 - 22 - 0.15 1053.75 NR 0.3 0.7 4.1 - 23 - 0.10 1054.56 737
839 HDFC Overnight 0.3 0.7 4.1 5.4 18 2 0.20 2982.48 0.3 0.7 4.2 5.5 20 3 0.10 2997.89 13989
840 HSBC Overnight NR 0.3 0.7 4.1 - 15 - 0.26 1052.44 NR 0.3 0.8 4.3 - 9 - 0.11 1054.34 583
841 ICICI Pru Overnight 0.2 0.7 4.1 - 16 - 0.20 108.60 0.3 0.7 4.2 - 18 - 0.10 108.79 10011
842 IDFC Overnight 0.2 0.7 4.1 - 19 - 0.20 1074.10 0.3 0.8 4.2 - 16 - 0.07 1076.15 2655
843 Indiabulls Overnight NR 0.2 0.7 4.1 - 20 - 0.20 1045.33 NR 0.3 0.7 4.2 - 21 - 0.10 1046.46 154
844 Invesco India Overnight NR 0.3 0.7 - - - - 0.15 1019.57 NR 0.3 0.8 - - - - 0.09 1019.92 376
845 ITI Overnight NR 0.2 0.7 - - - - 0.18 1029.38 NR 0.3 0.8 - - - - 0.08 1030.17 10
846 JM Overnight Fund NR 0.3 0.7 - - - - 0.05 1024.56 NR 0.3 0.8 - - - - - 1025.02 95
847 Kotak Overnight 0.2 0.7 4.2 - 11 - 0.20 1075.19 0.3 0.8 4.2 - 17 - 0.10 1076.19 6183
848 L&T Overnight 0.3 0.7 3.7 4.9 23 3 0.20 1499.83 0.3 0.8 4.3 5.6 11 1 0.10 1573.80 1466
849 LIC MF Overnight NR 0.2 0.7 4.1 - 13 - 0.20 1044.05 NR 0.3 0.8 4.3 - 10 - 0.07 1045.47 1817
850 Mahindra Manulife Overnight NR 0.3 0.7 4.1 - 17 - 0.18 1042.43 NR 0.3 0.8 4.2 - 19 - 0.08 1043.52 252
851 Mirae Asset Overnight NR 0.3 0.8 - - - - 0.20 1031.96 NR 0.3 0.8 - - - - 0.11 1032.81 952
852 Nippon India Overnight 0.3 0.7 4.2 - 7 - 0.17 108.11 0.3 0.8 4.3 - 5 - 0.07 108.28 5363
853 PGIM India Overnight NR 0.3 0.8 - - - - 0.15 1039.49 NR 0.3 0.8 - - - - 0.04 1040.56 190
854 SBI Overnight 0.3 0.7 4.2 5.4 10 1 0.18 3255.42 0.3 0.8 4.2 5.5 15 2 0.11 3285.67 13825
855 Sundaram Overnight NR 0.2 0.7 4.3 - 4 - 0.19 1071.45 NR 0.3 0.8 4.4 - 3 - 0.09 1072.96 544
856 Tata Overnight NR 0.3 0.7 4.2 - 12 - 0.21 1062.67 NR 0.3 0.8 4.3 - 13 - 0.11 1064.14 2912
857 Union Overnight NR 0.3 0.7 4.1 - 21 - 0.17 1060.91 NR 0.3 0.7 4.2 - 22 - 0.07 1062.34 21
858 UTI Overnight 0.3 0.7 4.2 5.1 8 - 0.12 2739.16 0.3 0.8 4.3 5.2 8 - 0.05 2761.61 6556
859 YES Overnight NR 0.2 0.7 - - - - 0.19 1038.25 NR 0.2 0.7 - - - - 0.13 1038.84 2
Debt: Dynamic Bond 1.2 3.8 9.1 6.5 28 24 1.3 3.9 9.8 7.3 28 24
860 ABSL Active Debt Multi Manager FoF 1.0 4.6 9.6 6.7 11 14 0.71 28.13 1.1 4.8 10.2 7.3 11 15 0.11 29.17 7
861 ABSL Dynamic Bond 2.2 6.4 1.1 3.2 28 21 1.40 33.29 2.2 6.6 1.6 3.7 28 22 0.85 34.70 1757
862 Axis All Seasons Debt FOF NR 1.3 4.9 - - - - 0.52 10.62 NR 1.3 4.9 - - - - 0.22 10.63 61
863 Axis Dynamic Bond 1.7 6.0 13.4 9.0 2 2 0.65 22.60 1.8 6.2 14.0 9.8 2 2 0.25 24.38 612
864 Baroda Dynamic Bond 0.8 1.2 6.8 3.1 25 22 1.51 17.58 0.8 1.3 7.3 3.6 25 23 1.19 18.53 22
865 BNP Paribas Flexi Debt 0.7 2.3 8.8 6.4 17 17 1.65 35.59 0.8 2.6 9.7 7.4 16 13 0.65 37.62 105
866 Canara Robeco Dynamic Bond 0.9 3.4 8.8 6.5 18 15 1.75 23.65 1.0 3.6 9.7 7.3 17 14 0.92 24.76 109
867 DSP Strategic Bond 1.0 3.6 14.6 8.5 1 4 1.11 2581.14 1.1 3.8 15.3 9.0 1 6 0.50 2664.41 1190
868 Edelweiss Dynamic Bond 0.1 1.2 6.9 7.6 24 - 0.99 22.34 0.2 1.4 7.8 8.3 23 - 0.24 23.77 50
869 HDFC Dynamic Debt 1.2 4.7 9.1 4.2 14 20 1.76 66.36 1.3 4.8 9.9 4.9 14 20 1.21 70.19 484
870 HSBC Flexi Debt 0.7 3.6 8.5 6.7 19 13 1.74 27.86 0.8 3.8 9.3 7.5 19 12 0.96 29.53 89
871 ICICI Pru All Seasons Bond 1.7 4.9 12.3 8.2 4 6 1.50 27.05 1.8 5.1 13.0 8.9 4 8 0.80 28.17 3108
872 IDBI Dynamic Bond 1.8 5.1 8.9 5.1 16 19 1.57 16.76 1.9 5.3 9.7 6.2 15 19 0.79 17.83 24
873 IDFC Dynamic Bond 1.2 4.5 12.8 8.9 3 3 1.77 26.80 1.3 4.7 13.7 9.7 3 3 0.98 28.54 2311
874 IIFL Dynamic Bond 1.4 3.0 7.9 6.5 21 16 1.34 16.28 1.5 3.1 8.6 7.2 21 18 0.69 16.94 206
875 Indiabulls Dynamic Bond 0.9 1.8 7.1 - 23 - 0.74 1150.81 1.0 2.0 7.7 - 24 - 0.24 1160.69 22
876 JM Dynamic Debt 1.0 3.9 7.7 7.4 22 - 0.60 31.71 1.1 4.1 8.4 8.0 22 - 0.38 33.03 88
877 Kotak Dynamic Bond 1.3 5.5 11.0 9.2 5 1 1.08 28.34 1.4 5.7 11.7 9.9 5 1 0.45 29.69 1322
878 L&T Flexi Bond 1.0 3.7 10.3 8.1 8 7 1.62 23.08 1.1 3.9 11.1 8.9 9 7 0.96 24.25 61
879 Mirae Asset Dynamic Bond 0.9 2.1 10.2 8.1 9 8 1.38 13.02 0.9 2.3 11.3 9.5 7 4 0.43 13.61 92
880 Nippon India Dynamic Bond 1.4 3.6 10.0 7.0 10 12 0.68 28.52 1.4 3.8 10.7 7.8 10 10 0.25 29.99 764
881 PGIM India Dynamic Bond 0.9 3.2 9.1 7.7 13 9 1.78 2046.33 0.9 3.4 10.0 8.6 13 9 0.82 2189.15 82
VR Bond Index 0.8 2.3 7.2 7.0

Debt REGULAR DIRECT

Debt: Dynamic Bond 1.2 3.8 9.1 6.5 28 24 1.3 3.9 9.8 7.3 28 24
882 Principal Dynamic Bond 4.6 7.0 8.2 3.1 20 23 1.52 31.97 4.7 7.1 8.6 3.7 20 21 1.13 33.69 28
883 Quant Dynamic Bond 0.4 1.3 5.9 4.0 26 - 0.21 63.46 0.4 1.4 6.0 4.2 26 - 0.11 64.36 20
884 Quantum Dynamic Bond 0.3 1.5 9.3 7.1 12 11 0.68 15.85 0.3 1.5 9.5 7.2 18 17 0.56 15.90 65
885 SBI Dynamic Bond 0.9 3.3 10.8 8.4 7 5 1.66 27.23 1.0 3.5 11.5 9.2 6 5 1.01 28.66 1724
886 Tata Dynamic Bond 1.1 4.1 8.9 6.1 15 18 1.41 31.51 1.2 4.4 10.2 7.2 12 16 0.16 34.05 271
887 Union Dynamic Bond 1.3 4.2 10.9 7.4 6 10 1.51 18.61 1.3 4.2 11.2 7.8 8 11 1.10 19.41 131
888 UTI Dynamic Bond 1.2 4.4 5.2 1.7 27 24 1.58 20.92 1.2 4.6 5.8 2.4 27 24 0.99 21.95 277
Debt: Corporate Bond 0.8 4.5 10.6 7.4 20 15 0.8 4.6 11.1 7.9 20 15
889 ABSL Corporate Bond 1.2 5.2 11.9 9.0 5 2 0.45 83.14 1.2 5.2 12.1 9.2 8 2 0.30 83.85 20061
890 ABSL Retrmnt 50s Plus Debt NR 0.6 2.4 6.3 - 19 - 2.18 10.93 NR 0.7 2.7 7.9 - 19 - 0.98 11.15 63
891 Axis Corporate Debt 1.6 6.0 12.2 8.2 4 8 1.04 12.75 1.6 6.2 13.1 9.1 2 4 0.28 13.07 261
892 BNP Paribas Corporate Bond 1.3 5.1 11.2 5.1 12 14 0.70 21.21 1.4 5.3 11.6 5.5 12 14 0.25 22.08 24
893 Canara Robeco Corporate Bond 1.1 4.3 10.2 7.6 15 10 1.02 16.96 1.2 4.5 11.0 8.4 14 10 0.29 17.61 231
894 DSP Corporate Bond 0.8 4.5 11.2 - 13 - 0.50 12.35 0.8 4.5 11.4 - 13 - 0.25 12.41 1012
895 Edelweiss Corporate Bond -6.3 -2.7 2.5 0.1 20 15 1.03 12.99 -6.2 -2.6 2.9 0.6 20 15 0.63 13.36 13
896 Franklin Corporate Debt 0.9 4.2 8.3 8.0 18 9 0.86 74.08 1.0 4.3 8.9 8.6 18 9 0.29 78.10 816
897 HDFC Corporate Bond 1.3 5.4 11.8 9.0 8 3 0.60 24.22 1.3 5.5 12.0 9.1 9 3 0.30 24.42 18360
898 ICICI Pru Corporate Bond 1.3 4.9 11.4 8.5 10 5 0.59 21.99 1.3 5.0 11.7 8.9 11 6 0.28 22.74 15799
899 IDFC Corporate Bond 1.3 5.9 11.9 8.3 7 6 0.58 14.63 1.4 6.0 12.2 8.7 5 8 0.27 14.84 16088
900 Invesco India Corporate Bond 1.1 4.9 11.4 6.7 11 13 0.60 2411.12 1.1 5.0 11.8 7.2 10 13 0.20 2535.28 1759
901 Kotak Corporate Bond 1.1 4.3 10.3 8.6 14 4 0.61 2814.89 1.1 4.4 10.6 8.9 16 5 0.32 2890.20 4607
902 L&T Triple Ace Bond 1.6 6.2 13.1 9.8 1 1 0.62 56.07 1.6 6.3 13.4 10.1 1 1 0.30 58.73 3871
903 Nippon India Prime Debt 1.3 3.6 9.0 7.6 17 11 0.74 43.61 1.3 3.7 9.4 8.0 17 12 0.34 44.94 458
904 PGIM India Premier Bond 1.1 4.8 9.9 6.9 16 12 0.94 32.73 1.2 5.0 10.8 8.0 15 11 0.16 35.21 62
905 SBI Corporate Bond NR 1.1 4.8 11.6 - 9 - 0.84 11.82 NR 1.1 4.9 12.2 - 6 - 0.34 11.91 16559
906 Sundaram Corporate Bond 1.0 4.8 12.4 8.3 3 7 0.51 30.36 1.0 4.9 12.6 8.7 4 7 0.28 31.04 1046
907 Union Corporate Bond 1.4 5.4 12.6 - 2 - 1.00 11.74 1.4 5.5 13.0 - 3 - 0.56 11.83 313
908 UTI Corporate Bond 1.2 5.4 11.9 - 6 - 0.57 12.36 1.2 5.5 12.2 - 7 - 0.31 12.44 1727
Debt: Credit Risk 1.5 3.6 -0.7 1.0 19 17 1.6 3.8 0.1 1.9 19 17
909 ABSL Credit Risk 1.9 5.3 3.2 5.0 11 8 1.85 14.40 2.0 5.5 4.0 6.0 11 8 1.05 15.13 1894
910 Axis Credit Risk 1.1 3.6 8.0 5.5 6 7 1.65 15.52 1.2 3.9 9.2 6.8 6 6 0.56 16.64 636
911 Baroda Credit Risk 1.7 -0.1 -1.9 2.4 14 10 1.83 13.92 1.7 0.1 -1.1 3.4 14 10 1.11 14.75 304
912 BOI AXA Credit Risk 4.1 6.0 -45.4 -32.7 19 17 1.51 3.87 4.1 6.1 -45.2 -32.6 19 17 1.23 3.91 66
913 DSP Credit Risk 0.7 1.9 4.1 1.6 10 12 1.66 29.02 0.8 2.2 4.9 2.3 10 12 0.78 30.45 366
914 HDFC Credit Risk Debt 1.5 5.4 9.6 7.1 3 2 1.58 17.17 1.6 5.5 10.0 7.8 4 2 1.13 18.02 6309
915 ICICI Pru Credit Risk 1.5 4.2 10.3 7.9 2 1 1.60 22.51 1.5 4.4 11.0 8.8 2 1 0.96 24.01 6562
916 IDBI Credit Risk 1.5 6.2 -9.7 -2.0 17 15 1.35 12.50 1.6 6.4 -9.2 -1.1 17 15 0.67 13.22 44
917 IDFC Credit Risk 0.9 4.0 7.6 6.5 7 5 1.59 12.59 1.0 4.2 8.5 7.6 7 4 0.66 13.03 829
918 Invesco India Credit Risk 0.9 4.2 8.9 2.4 4 11 1.50 1414.87 1.0 4.5 10.2 3.3 3 11 0.36 1486.86 146
919 Kotak Credit Risk 1.4 5.0 7.2 6.8 8 3 1.86 22.43 1.4 5.2 8.2 7.7 8 3 0.76 24.04 2004
920 L&T Credit Risk 3.5 3.5 1.5 3.7 12 9 1.66 21.40 3.6 3.7 2.3 4.3 12 9 0.87 22.26 339
921 Mahindra Manulife Credit Risk 0.7 2.1 6.4 - 9 - 1.85 11.33 0.8 2.4 7.6 - 9 - 0.69 11.58 107
922 Nippon India Credit Risk 0.8 2.0 -8.8 -0.2 16 14 1.55 23.17 0.8 2.2 -8.2 0.5 16 14 0.94 24.64 1604
923 PGIM India Credit Risk -0.3 0.8 -3.0 1.2 15 13 1.73 13.73 -0.1 1.2 -2.0 2.3 15 13 0.66 14.58 90
924 Principal Credit Risk 13.6 14.8 12.1 6.0 1 6 1.51 3099.49 13.7 15.0 13.0 6.8 1 7 0.82 3222.92 14
925 SBI Credit Risk 1.1 4.5 8.7 6.7 5 4 1.54 32.77 1.2 4.7 9.4 7.4 5 5 0.91 34.29 3895
926 Sundaram ST Credit Risk 0.6 2.1 0.5 2.2 13 - 1.43 26.01 0.6 2.3 1.2 3.0 13 - 0.69 27.35 118
927 UTI Credit Risk -8.8 -6.9 -33.3 -10.4 18 16 1.60 10.97 -8.8 -6.7 -32.8 -9.5 18 16 0.90 11.95 447
VR Bond Index 0.8 2.3 7.2 7.0

Debt REGULAR DIRECT

Debt: Banking and PSU 1.1 4.6 10.8 8.4 18 16 1.1 4.7 11.2 8.8 18 16
928 ABSL Banking & PSU Debt 1.2 5.0 11.2 8.6 10 7 0.67 275.90 1.3 5.1 11.5 9.0 10 9 0.35 281.59 12702
929 Axis Banking & PSU Debt 0.9 4.5 11.0 9.2 11 3 0.62 2002.98 0.9 4.5 11.4 9.5 12 3 0.31 2036.11 16456
930 DSP Banking & PSU Debt 0.9 4.5 11.9 8.6 3 10 0.56 18.25 0.9 4.6 12.3 8.9 4 11 0.30 18.66 3143
931 Edelweiss Banking and PSU Debt 1.7 6.1 14.0 10.2 1 1 0.55 18.66 1.8 6.2 14.4 10.5 1 1 0.20 19.03 259
932 Franklin Banking & PSU Debt 0.9 3.7 11.0 9.0 12 4 0.50 17.09 1.0 3.8 11.3 9.4 13 4 0.19 17.56 1025
933 HDFC Banking and PSU Debt 1.4 5.4 11.3 8.4 7 11 0.81 17.31 1.4 5.5 11.8 8.9 6 12 0.36 17.65 6416
934 ICICI Pru Banking & PSU Debt 1.3 4.8 9.9 7.7 14 15 0.82 24.28 1.4 4.9 10.4 8.1 14 14 0.37 24.82 12096
935 IDFC Banking & PSU Debt 1.0 5.0 12.3 9.4 2 2 0.65 18.70 1.0 5.1 12.7 9.7 2 2 0.30 18.95 16967
936 Indiabulls Banking & PSU Debt NR 0.9 1.6 6.4 - 18 - 0.72 1095.66 NR 0.9 1.7 7.0 - 18 - 0.22 1102.72 44
937 Invesco India Banking & PSU Debt 1.6 5.8 11.2 8.6 9 8 0.65 1776.84 1.7 5.9 11.7 9.1 9 8 0.23 1867.07 71
938 Kotak Banking & PSU Debt 1.3 5.3 11.4 8.9 6 5 0.75 49.08 1.4 5.4 11.7 9.2 8 5 0.29 50.12 7146
939 L&T Banking & PSU Debt 0.9 4.8 11.5 8.3 5 13 0.61 18.90 1.0 4.9 12.0 8.7 5 13 0.21 19.54 3806
940 LIC MF Banking & PSU Debt 0.9 4.1 9.7 8.6 15 9 0.83 26.90 1.0 4.2 10.2 9.2 15 6 0.28 28.26 1446
941 Mirae Asset Banking And PSU Debt Fund NR - - - - - - - 10.01 NR - - - - - - - 10.01 -
942 Nippon India Banking & PSU Debt 0.9 4.7 11.9 8.8 4 6 0.80 15.67 1.0 4.9 12.4 9.2 3 7 0.31 15.92 5211
943 PGIM India Banking & PSU Debt 1.1 4.5 11.0 8.3 13 12 0.78 18.52 1.1 4.7 11.5 8.9 11 10 0.28 19.19 63
944 SBI Banking and PSU 1.2 5.0 11.2 9.1 8 - 0.81 2402.71 1.2 5.1 11.8 9.6 7 - 0.34 2495.92 7433
945 Sundaram Banking & PSU Debt 0.6 3.3 9.6 7.7 16 14 0.36 33.05 0.6 3.4 9.7 7.8 16 15 0.23 33.27 1620
946 Tata Banking & PSU Debt NR 1.3 5.8 - - - - 0.71 10.93 NR 1.4 5.9 - - - - 0.21 10.98 226
947 UTI Banking & PSU Debt 0.9 4.0 8.1 4.8 17 16 0.31 15.81 0.9 4.0 8.2 4.9 17 16 0.25 15.91 163
Debt: Floater 1.0 4.0 9.2 7.7 7 5 1.1 4.1 9.7 8.2 7 5
948 ABSL Floating Rate NR 0.8 3.6 9.2 8.1 4 1 0.36 258.25 NR 0.9 3.6 9.5 8.4 4 3 0.19 262.69 6360
949 Franklin Floating Rate NR 0.6 2.3 6.7 6.7 7 5 0.95 30.47 NR 0.6 2.5 7.4 7.3 7 5 0.14 32.14 169
950 HDFC Floating Rate Debt NR 1.0 3.9 9.2 8.0 5 3 0.48 36.50 NR 1.0 3.9 9.4 8.1 5 4 0.23 36.81 9331
951 ICICI Pru Floating Interest NR 1.2 4.4 9.4 7.6 3 4 1.32 312.40 NR 1.3 4.6 10.2 8.4 3 2 0.60 330.02 6291
952 Kotak Floating Rate NR 1.7 5.9 10.2 - 2 - 0.63 1119.66 NR 1.7 6.0 10.6 - 2 - 0.23 1123.68 160
953 Nippon India Floating Rate NR 1.2 4.9 11.4 8.1 1 2 0.55 33.53 NR 1.2 4.9 11.8 8.5 1 1 0.21 34.74 11636
954 UTI Floater NR 0.7 3.2 8.3 - 6 - 1.27 1155.19 NR 0.7 3.4 9.3 - 6 - 0.31 1175.47 1518
Debt: Gilt 0.9 3.2 10.0 7.9 25 25 1.0 3.4 10.7 8.6 21 21
955 ABSL Govt Securities 0.9 3.3 10.6 8.5 8 7 1.18 62.37 1.0 3.5 11.3 9.1 7 9 0.58 64.91 540
956 Axis Gilt 1.3 2.6 11.4 8.4 4 9 0.68 19.29 1.3 2.7 11.9 8.9 5 11 0.22 20.04 146
957 Baroda Gilt 1.0 3.4 9.1 7.3 20 18 1.84 32.91 1.0 3.6 9.9 8.2 15 15 1.08 35.16 29
958 Canara Robeco Gilt 0.9 3.4 9.1 7.1 19 20 1.25 59.35 1.0 3.6 9.8 7.8 16 16 0.59 61.71 77
959 DSP Govt Securities 0.9 3.7 12.5 9.3 3 3 1.09 72.12 1.0 3.8 13.1 10.0 2 3 0.56 74.78 918
960 Edelweiss Govt Securities 0.7 3.6 9.4 9.5 16 2 1.36 18.30 0.8 3.7 9.9 10.0 14 4 0.86 18.85 63
961 Franklin Govt Securities 0.6 2.1 8.1 5.2 23 25 1.05 47.10 0.6 2.2 8.6 6.0 19 21 0.59 50.41 304
962 HDFC Gilt 0.9 3.1 10.0 6.8 11 21 0.89 42.88 0.9 3.2 10.5 7.2 12 19 0.49 44.18 2032
963 ICICI Pru Gilt 1.2 4.3 12.6 8.4 2 8 1.21 76.44 1.3 4.4 13.1 8.9 3 10 0.60 80.12 3068
964 IDBI Gilt 0.5 2.1 7.0 5.3 25 24 1.58 16.94 0.6 2.3 7.9 6.2 21 20 0.71 17.82 34
965 IDFC GSF Investment 1.3 4.7 13.8 9.9 1 1 1.16 27.34 1.3 4.9 14.4 10.5 1 1 0.54 28.66 1163
966 Invesco India Gilt 0.9 3.0 7.1 6.5 24 23 1.25 2244.86 1.0 3.2 8.0 7.4 20 18 0.48 2391.22 34
967 Kotak Gilt Investment 1.0 3.0 10.1 8.0 10 15 1.40 76.20 1.0 3.3 11.3 9.1 9 7 0.40 82.26 803
968 L&T Gilt 1.1 3.8 9.2 7.3 18 19 1.77 53.17 1.2 4.1 10.6 8.7 11 12 0.57 57.47 253
969 LIC MF G-Sec Long Term ETF NR 0.9 3.2 9.3 8.0 17 16 0.27 21.65 NR - - - - - - - - 91
970 LIC MF GSF 0.7 2.9 9.9 8.3 13 10 - 27.26 - - - - - - - - 59
971 Nippon India ETF Long Term Gilt NR 1.0 3.2 9.9 8.3 15 13 0.10 21.97 NR - - - - - - - - 10
972 Nippon India Gilt Securities Inst 0.9 3.4 11.3 9.3 6 4 1.71 25.03 1.0 3.7 12.3 10.3 4 2 0.62 32.24 1452
973 PGIM India Gilt 0.8 2.7 8.3 7.8 21 17 0.72 23.48 0.9 2.9 8.9 8.4 18 14 0.44 24.11 112
CCIL All Sovereign Bond - TRI 1.4 4.3 11.5 9.7

Debt REGULAR DIRECT

Debt: Gilt 0.9 3.2 10.0 7.9 25 25 1.0 3.4 10.7 8.6 21 21
974 SBI Magnum Gilt 1.0 3.6 11.4 8.7 5 6 0.95 49.44 1.1 3.7 11.9 9.2 6 6 0.50 51.13 3415
975 Tata GSF 1.3 3.0 8.3 6.7 22 22 1.49 61.58 1.3 3.1 9.0 7.7 17 17 0.79 65.84 189
976 UTI Gilt 0.9 3.2 10.0 8.3 12 12 0.93 48.83 0.9 3.3 10.3 8.6 13 13 0.65 49.88 698
Debt: Gilt with 10 yr Constant Duration 1.0 3.6 10.8 9.7 5 5 1.0 4.1 11.9 10.8 4 4
977 DSP 10Y G-Sec NR 0.7 3.8 10.3 8.0 4 4 0.50 17.28 NR 0.8 3.8 10.6 8.3 4 4 0.30 17.53 45
978 ICICI Pru Constant Maturity Gilt NR 1.1 4.4 12.6 10.6 2 3 0.33 18.65 NR 1.1 4.4 12.8 10.9 2 3 0.17 18.92 229
979 IDFC Govt Securities Constant Mtrty NR 1.2 4.5 13.1 12.6 1 1 0.60 35.19 NR 1.2 4.5 13.2 12.7 1 1 0.47 35.48 279
980 SBI ETF 10 Year Gilt NR 0.8 1.7 7.4 6.5 5 5 0.14 200.13 NR - - - - - - - - 1
981 SBI Magnum Constant Maturity NR 1.0 3.6 10.8 10.8 3 2 0.64 48.75 NR 1.0 3.6 11.1 11.2 3 2 0.34 49.91 735
Commodities: Gold 10.5 12.8 50.5 21.9 21 21 11.0 11.9 53.5 22.6 10 10
982 ABSL Gold 10.2 10.1 51.7 21.8 9 14 0.51 16.71 10.3 10.2 52.2 22.2 9 9 0.24 17.06 155
983 ABSL Gold ETF NR 10.0 13.3 48.4 21.7 16 17 0.48 4901.05 NR - - - - - - - - 198
984 Axis Gold 9.6 9.2 52.5 21.9 8 9 0.47 16.52 9.7 9.3 52.9 22.4 8 7 0.15 17.74 127
985 Axis Gold ETF NR 10.0 13.8 48.4 21.8 15 12 0.50 46.53 NR - - - - - - - - 224
986 HDFC Gold 10.8 11.6 53.5 22.3 2 4 0.45 17.26 10.8 11.7 54.1 22.8 3 4 0.10 17.77 663
987 HDFC Gold ETF NR 10.0 13.9 47.7 21.5 19 20 0.64 4795.44 NR - - - - - - - - 1438
988 ICICI Pru Gold ETF NR 10.0 13.7 47.6 21.3 20 21 0.98 47.85 NR - - - - - - - - 1468
989 ICICI Pru Regular Gold Svngs (FOF) 10.3 11.0 51.5 22.2 10 5 0.14 17.76 10.3 11.0 51.8 22.6 10 6 0.09 18.10 236
990 IDBI Gold 15.1 18.4 53.1 22.1 6 6 0.66 15.47 15.2 18.5 53.8 22.7 5 5 0.26 15.99 42
991 IDBI Gold ETF NR 10.0 13.1 47.4 21.8 21 10 0.35 4944.39 NR - - - - - - - - 84
992 Invesco India Gold 11.1 11.2 54.5 22.3 1 2 0.54 16.23 11.1 11.4 55.2 22.8 1 3 0.16 16.59 33
993 Invesco India Gold ETF NR 10.1 14.0 48.8 21.9 12 7 0.45 4852.75 NR - - - - - - - - 58
994 Kotak Gold 10.3 11.7 53.3 22.6 5 1 0.52 22.20 10.4 11.8 53.9 23.1 4 1 0.15 22.97 509
995 Kotak Gold ETF NR 10.1 13.9 48.4 21.8 14 15 0.55 467.68 NR - - - - - - - - 1116
996 Nippon India ETF Gold BeES NR 10.5 14.4 48.9 21.8 11 13 0.79 47.05 NR - - - - - - - - 4206
997 Nippon India Gold Savings 10.6 10.6 53.3 21.8 4 16 0.36 22.16 10.6 10.7 53.8 22.3 6 8 0.10 22.88 1020
998 Quantum Gold NR 10.1 13.9 48.2 21.7 18 19 0.97 2329.36 NR - - - - - - - - 101
999 Quantum Gold Savings 10.7 12.2 52.8 21.8 7 11 0.18 21.68 10.7 12.2 52.9 22.0 7 10 0.06 21.77 40
1000SBI ETF Gold NR 10.1 13.9 48.6 21.7 13 18 0.50 4800.46 NR - - - - - - - - 1387
1001SBI Gold 10.5 11.6 53.5 22.3 3 3 0.52 16.72 10.6 11.8 54.2 22.8 2 2 0.12 17.25 606
1002UTI Gold ETF NR 10.1 13.9 48.3 21.9 17 8 1.15 4721.73 NR - - - - - - - - 558
CCIL All Sovereign Bond - TRI 1.4 4.3 11.5 9.7
Domestic Price of Gold 10.2 14.3 49.8 22.9

SCOREBOARD INDEX For more on funds, visit www.valueresearchonline.com
Aditya Birla SL Active Debt Multi Manager FoF,860 Axis Short Term,689 DSP Equal Nifty 50,14 Franklin Dynamic Asset Alloc FoF,615
ABSL Arbitrage,581 Axis Small Cap,237 DSP Equity,153 Franklin Eqt Advantage,122
ABSL Asset Allocator MMFoF,607 Axis Strategic Bond,669 DSP Equity Opp,119 Franklin Eqt Hybrid,476
ABSL Bal Bhavishya Yojna Wealth,143 Axis Treasury Advantage,716 DSP Equity Savings,561 Franklin Eqt Savings,563
ABSL Balanced Advantage,608 Axis Triple Advantage,636 DSP Focus,154 Franklin Equity,157
ABSL Banking & Fin Services,315 Axis Ultra Short Term,741 DSP Global Allocation,430 Franklin Feeder Franklin Eur Grth,443
ABSL Banking ETF,316 Baroda Banking & Fin Services,317 DSP Healthcare,360 Franklin Feeder Franklin US Opp,444
ABSL Commodity Eqt Global Agri,426 Baroda Conservative Hybrid,523 DSP Liquid ETF,774 Franklin Floating Rate,949
ABSL Corporate Bond,889 Baroda Credit Risk,911 DSP Liquidity,775 Franklin Govt Securities,961
ABSL Credit Risk,909 Baroda Dynamic Bond,864 DSP Low Duration,720 Franklin Life Stage FoF 20s,477
ABSL Digital India,368 Baroda Dynamic Equity,610 DSP Midcap,210 Franklin Life Stage FoF 30s,510
ABSL Dynamic Bond,861 Baroda Equity Savings,560 DSP Natural Rsrcs and New Energy,408 Franklin Life Stage FoF 40s,530
ABSL Eq Hybrid ‘95,465 Baroda Gilt,957 DSP Nifty 50 Index,15 Franklin Life Stage FoF 50s Plus,531
ABSL Eqt Savings,558 Baroda Hybrid Equity,469 DSP Nifty Next 50 Index,16 Franklin Life Stage FoF 50s Plus FR,532
ABSL Fin Planning FOF Agrsv,632 Baroda Large Cap,10 DSP Overnight,836 Franklin Liquid,778
ABSL Fin Planning FOF Cons,633 Baroda Liquid,770 DSP Quant,377 Franklin Multi Asset Solution,638
ABSL Fin Planning FOF Moderate Plan,634 Baroda Midcap,208 DSP Regular Savings,527 Franklin Opportunities,378
ABSL Floating Rate,948 Baroda Money Market,812 DSP Savings,813 Franklin Overnight,838
ABSL Focused Eqt,1 Baroda Multi Cap,148 DSP Short-term,694 Franklin Pension,511
ABSL Frontline Eqt,2 Baroda Overnight,832 DSP Small Cap,240 Franklin Prima,212
ABSL Global Emerging Opp,427 Baroda Short Term Bond,690 DSP Strategic Bond,867 Franklin Savings,814
ABSL Global Real Estate,428 Baroda Treasury Advantage,717 DSP T.I.G.E.R.,341 Franklin Smaller Companies,242
ABSL Gold,982 Baroda Ultra Short Duration,742 DSP Tax Saver,283 Franklin Taxshield,286
ABSL Gold ETF,983 BNP Paribas Arbitrage,583 DSP Top 100 Equity,17 Franklin Technology,369
ABSL Index,3 BNP Paribas Cons Hybrid,524 DSP Ultra Short,745 Templeton India Eqt Income,402
ABSL India GenNext,414 BNP Paribas Corporate Bond,892 DSP US Flexible Equity,431 Templeton India Value,274
ABSL Infrastructure,338 BNP Paribas Dynamic Eqt,611 DSP World Agriculture,432 HDFC Arbitrage,588
ABSL Intl Eqt B,374 BNP Paribas Flexi Debt,865 DSP World Energy,433 HDFC Capital Builder Value,261
ABSL Liquid,768 BNP Paribas Focused 25 Eqt,149 DSP World Gold,434 HDFC Children’s Gift,478
ABSL Low Duration,715 BNP Paribas India Consumption,415 DSP World Mining,435 HDFC Corporate Bond,897
ABSL Manufacturing Equity,375 BNP Paribas Large Cap,12 Edelweiss Agrsv Hybrid,474 HDFC Credit Risk Debt,914
ABSL Medium Term,668 BNP Paribas Liquid,771 Bhrt Bond ETF - April 2023,670 HDFC Dynamic Debt,869
ABSL Midcap,206 BNP Paribas Long Term Equity,280 Bhrt Bond ETF - April 2025,671 HDFC Dynamic PE Ratio FOF,639
ABSL Money Manager,810 BNP Paribas Low Duration,718 Bhrt Bond ETF - April 2030,648 HDFC Equity,159
ABSL Nifty ETF,4 BNP Paribas Medium Term,674 Bhrt Bond ETF - April 2031,649 HDFC Equity Savings,564
ABSL Nifty Next 50 ETF,5 BNP Paribas Midcap,209 Bhrt Bond FOF - April 2023,672 HDFC Floating Rate Debt,950
ABSL Overnight,830 BNP Paribas Multi Cap,150 Bhrt Bond FOF - April 2025,673 HDFC Focused 30,160
ABSL Pharma & Healthcare,359 BNP Paribas Overnight,833 Bhrt Bond FOF - April 2030,650 HDFC Gold,986
ABSL PSU Eqt,410 BNP Paribas Short term,691 Bhrt Bond FOF - April 2031,651 HDFC Gold ETF,987
ABSL Pure Value,260 BNP Paribas Substantial Eqt Hybrid,470 Edelweiss Arbitrage,586 HDFC Growth Opportunities,123
ABSL Regular Savings,519 BOI AXA Arbitrage,584 Edelweiss ASEAN Eqt Off Shore,436 HDFC Hybrid Debt,533
ABSL Retirement 30s,145 BOI AXA Conservative Hybrid,525 Edelweiss Balanced Advtg,614 HDFC Hybrid Equity,479
ABSL Retirement 40s,466 BOI AXA Credit Risk,912 Edelweiss Banking and PSU Debt,931 HDFC Index Nifty 50,24
ABSL Retirement 50s,520 BOI AXA Eqt Debt Rebalancer,612 Edelweiss Corporate Bond,895 HDFC Index Sensex,25
ABSL Retrmnt 50s Plus Debt,890 BOI AXA Large & Midcap Eqt,117 Edelweiss Dynamic Bond,868 HDFC Infrastructure,343
ABSL Savings,740 BOI AXA Liquid,772 Edelweiss Emrgng Mkt Opp Eqt Offshr,437 HDFC Low Duration,722
ABSL Sensex ETF,6 BOI AXA Mfg & Infrastructure,339 Edelweiss Equity Savings,562 HDFC Medium Term Debt,676
ABSL Short Term,688 BOI AXA Mid & Small Cap Eqt & Debt,471 Edelweiss ETF Nifty 100 Quality 30,18 HDFC Mid-Cap Opportunities,213
ABSL Small Cap,236 BOI AXA Multi Cap Fund,151 Edelweiss ETF Nifty 50,19 HDFC Money Market,815
Axis All Seasons Debt FOF,862 BOI AXA Overnight,834 Edelweiss ETF Nifty Bank,318 HDFC Multi Asset,640
Axis Arbitrage,582 BOI AXA Small Cap,238 Edelweiss Eur Dynamic Eqt Offshore,438 HDFC Nifty 50 ETF,26
Axis Banking & PSU Debt,929 BOI AXA ST Income,692 Edelweiss Govt Securities,960 HDFC Overnight,839
Axis Bluechip,7 BOI AXA Tax Advantage,281 Edelweiss Grtr China Eqt Off-shore,439 HDFC Retrmnt Savings Eqt,161
Axis Children’s Gift,509 BOI AXA Ultra Short Duration,743 Edelweiss Large & Midcap,120 HDFC Retrmnt Svngs Hybrid Debt,534
Axis Corporate Debt,891 Canara Robeco Bluechip Eqt,13 Edelweiss Large Cap,20 HDFC Retrmnt Svngs Hybrid Eqt,480
Axis Credit Risk,910 Canara Robeco Cons Hybrid,526 Edelweiss Liquid,776 HDFC Sensex ETF,27
Axis Dynamic Bond,863 Canara Robeco Consumer Trends,416 Edelweiss Low Duration,721 HDFC Short Term Debt,695
Axis Dynamic Equity,609 Canara Robeco Corporate Bond,893 Edelweiss LT Eqt (Tax Svngs),284 HDFC Small Cap,243
Axis Equity Hybrid,467 Canara Robeco Dynamic Bond,866 Edelweiss Midcap,211 HDFC Top 100,28
Axis Equity Saver,559 Canara Robeco Emerging Equities,118 Edelweiss Multi Cap,155 HDFC Ultra Short Term,747
Axis ESG Eqt Fund,376 Canara Robeco Eqt Diversified,152 Edelweiss Overnight,837 HSBC Asia Pacific (ExJapan) Div Yld,445
Axis Focused 25,146 Canara Robeco Eqt Hybrid,472 Edelweiss Small Cap,241 HSBC Brazil,446
Axis Gilt,956 Canara Robeco Eqt Tax Saver,282 Edelweiss US Tech Eqt FOF,440 HSBC Cash,780
Axis Gold,984 Canara Robeco Gilt,958 Edelweiss US Value Eqt Offshore,441 HSBC Debt,657
Axis Gold ETF,985 Canara Robeco Income,655 Essel 3 in 1,637 HSBC Equity Hybrid,481
Axis Growth Opportunities,116 Canara Robeco Infrastructure,340 Essel Arbitrage,587 HSBC Flexi Debt,870
Axis Liquid,769 Canara Robeco Liquid,773 Essel Equity Hybrid,475 HSBC Focused Eqt Fund,162
Axis Long Term Equity,278 Canara Robeco Overnight,835 Essel Large & Midcap,121 HSBC Global Consumer Opp,447
Axis Midcap,207 Canara Robeco Savings,719 Essel Large Cap Equity,21 HSBC Global Emerging Markets,448
Axis Money Market,811 Canara Robeco Short Duration,693 Essel Liquid,777 HSBC Infrastructure Eqt,344
Axis Multicap,147 Canara Robeco Small Cap,239 Essel Multi Cap,156 HSBC Large and Midcap Eqt,124
Axis Nifty 100 Index,8 DSP 10Y G-Sec,977 Essel Regular Savings,528 HSBC Low Duration,723
Axis Nifty ETF,9 DSP Arbitrage,585 Essel Ultra Short Term,746 HSBC Managed Solutions Ind Cons,535
Axis Overnight,831 DSP Banking & PSU Debt,930 Franklin Asian Equity,442 HSBC Managed Solutions Ind Moderate,641
Axis Regular Saver,521 DSP Bond,675 Franklin Banking & PSU Debt,932 HSBC Managed Solutions India Growth,482
Axis Retrmnt Svngs - Agrssv Plan,468 DSP Corporate Bond,894 Franklin Bluechip,22 HSBC Multi Cap Eqt,163
Axis Retrmnt Svngs - Cons Plan,522 DSP Credit Risk,913 Franklin Build India,342 HSBC Overnight,840
Axis Retrmnt Svngs - Dynamic Plan,635 DSP Dynamic Asset Allocation,613 Franklin Corporate Debt,896 HSBC Regular Savings,536

HSBC Short Duration,696 IDBI Eqt Savings,566 Invesco India Infrastructure,347 L&T Flexi Bond,878
HSBC Small Cap Eqt,244 IDBI Focused 30 Eqt,41 Invesco India Large Cap,51 L&T Focused Equity,179
HSBC Tax Saver Eqt,288 IDBI Gilt,964 Invesco India Liquid,787 L&T Gilt,968
HSBC Ultra SD,748 IDBI Gold,990 Invesco India Midcap,217 L&T Hybrid Equity,492
ICICI Pru All Seasons Bond,871 IDBI Gold ETF,991 Invesco India Money Market,819 L&T India Large Cap,59
BHARAT 22 ETF,11 IDBI Healthcare,362 Invesco India Multicap,173 L&T India Value,269
ICICI Pru Asset Allocator (FOF),512 IDBI Hybrid Equity,486 Invesco India Nifty ETF,52 L&T Infrastructure,349
ICICI Pru Balanced Advantage,617 IDBI India Top 100 Eqt,42 Invesco India Overnight,844 L&T Large and Midcap,130
ICICI Pru Bank ETF,319 IDBI Liquid,783 Invesco India PSU Equity,412 L&T Low Duration,729
ICICI Pru Banking & Fin Services,320 IDBI Long Term Value,263 Invesco India Short Term,702 L&T Midcap,219
ICICI Pru Banking & PSU Debt,934 IDBI Midcap,216 Invesco India Small Cap,248 L&T Money Market,822
ICICI Pru BHARAT 22 FOF,30 IDBI Nifty Index,43 Invesco India Tax,293 L&T Nifty 50 Index Fund,60
ICICI Pru Bharat Consumption,417 IDBI Nifty Junior Index,44 Invesco India Treasury Advtg,726 L&T Nifty Next 50 Index Fund,61
ICICI Pru Bluechip,31 IDBI Short Term Bond,698 Invesco India Ultra Short Term,753 L&T Overnight,848
ICICI Pru Bond,658 IDBI Small Cap,246 ITI Arbitrage,593 L&T Resurgent India Bond,682
ICICI Pru Child Care Gift,483 IDBI Ultra Short Term,750 ITI Balanced Advtg,620 L&T Short Term Bond,705
ICICI Pru Commodities,379 IDFC Arbitrage,590 ITI Liquid,788 L&T Tax Advantage,297
ICICI Pru Constant Maturity Gilt,978 IDFC Asset Allocation Agrsv,541 ITI Long Term Equity,294 L&T Triple Ace Bond,902
ICICI Pru Corporate Bond,898 IDFC Asset Allocation Cons,542 ITI Multi Cap,174 L&T Ultra Short Term,756
ICICI Pru Credit Risk,915 IDFC Asset Allocation Moderate,543 ITI Overnight,845 LIC MF Arbitrage,597
ICICI Pru Debt Management (FOF),659 IDFC Banking & PSU Debt,935 ITI Small Cap Fund,249 LIC MF Banking & Fin Services,326
ICICI Pru Dividend Yield Eqt,399 IDFC Bond Medium Term,679 JM Arbitrage,594 LIC MF Banking & PSU Debt,940
ICICI Pru Equity & Debt,484 IDFC Cash,784 JM Core 11,53 LIC MF Children’s Gift,514
ICICI Pru Equity Arbitrage,589 IDFC Core Equity,127 JM Dynamic Debt,876 LIC MF Debt Hybrid,549
ICICI Pru Equity Savings,565 IDFC Corporate Bond,899 JM Equity Hybrid,490 LIC MF Equity Hybrid,493
ICICI Pru Exports & Services,380 IDFC Credit Risk,917 JM Income,661 LIC MF ETF Nifty 100,62
ICICI Pru Floating Interest,951 IDFC Dynamic Bond,873 JM Large Cap,54 LIC MF ETF Nifty 50,63
ICICI Pru Focused Equity,164 IDFC Dynamic Equity,618 JM Liquid,789 LIC MF ETF Sensex,64
ICICI Pru Gilt,963 IDFC Emrgng Businesses,247 JM Low Duration,727 LIC MF G-Sec Long Term ETF,969
ICICI Pru Global Advtg (FOF),449 IDFC Equity Savings,567 JM Money Market,820 LIC MF GSF,970
ICICI Pru Global Stable Eqt (FOF),450 IDFC Focused Equity,170 JM Multicap,175 LIC MF Index Nifty,65
ICICI Pru Gold ETF,988 IDFC Govt Securities Constant Mtrty,979 JM Overnight Fund,846 LIC MF Index Sensex,66
ICICI Pru Infrastructure,345 IDFC GSF Investment,965 JM Short-term,703 LIC MF Infrastructure,350
ICICI Pru Large & Midcap,125 IDFC Hybrid Equity,487 JM Tax Gain,295 LIC MF Large & Midcap,131
ICICI Pru Liquid,781 IDFC Infrastructure,346 JM Ultra Short Duration,754 LIC MF Large Cap,67
ICICI Pru Liquid ETF,782 IDFC Large Cap,45 JM Value,267 LIC MF Liquid,792
ICICI Pru Long Term Bond,652 IDFC Low Duration,725 Kotak Asset Allocator,546 LIC MF Multicap,180
ICICI Pru Manufacture in India,383 IDFC Money Manager,817 Kotak Balanced Advantage,621 LIC MF Overnight,849
ICICI Pru Medium Term Bond,677 IDFC Multi Cap,171 Kotak Banking ETF,324 LIC MF Savings,730
ICICI Pru Midcap,214 IDFC Nifty,46 Kotak Bond,662 LIC MF Short Term Debt,706
ICICI Pru Midcap Select ETF,126 IDFC Nifty ETF,47 Kotak Bond Short-term,704 LIC MF Tax,298
ICICI Pru MNC,405 IDFC Overnight,842 Kotak Corporate Bond,901 LIC MF ULIS,494
ICICI Pru Money Maket,816 IDFC Regular Savings,544 Kotak Credit Risk,919 LIC MF Ultra ST,757
ICICI Pru Multi Asset,642 IDFC Sensex ETF,48 Kotak Debt Hybrid,547 Mahindra Manulife Credit Risk,921
ICICI Pru Multicap,165 IDFC Sterling Value,264 Kotak Dynamic Bond,877 Mahindra Manulife ELSS Kar Bcht Yjn,299
ICICI Pru Nifty 100 ETF,32 IDFC Tax Advantage (ELSS),291 Kotak Emerging Equity,218 Mahindra Manulife Liquid,793
ICICI Pru Nifty ETF,33 IDFC Ultra Short Term,751 Kotak Equity Arbitrage,595 Mahindra Manulife Low Duration,731
ICICI Pru Nifty Low Vol 30 ETF,35 IIFL Dynamic Bond,874 Kotak Equity Hybrid,491 Mahindra Manulife Midcap Unnati Yjn,220
ICICI Pru Nifty Next 50 ETF,36 IIFL Focused Equity,172 Kotak Equity Opportunities,129 Mahindra Manulife MultiCap Bdht Yjn,181
ICICI Pru Nifty Next 50 Index,37 IIFL Liquid,785 Kotak Equity Savings,569 Mahindra Manulife Overnight,850
ICICI Pru NV20 ETF,38 Indiabulls Arbitrage,591 Kotak Floating Rate,952 Mahindra Manulife Top 250 Nivsh Yjn,132
ICICI Pru Pharma Hlthcr & Diagn,361 Indiabulls Banking & PSU Debt,936 Kotak Focused Equity,176 Mahindra Manulife Ultra ST,758
ICICI Pru Private Banks ETF,321 Indiabulls Bluechip,49 Kotak Global Emerging Market,454 Mahindra Mnlfe EqtSvgs Dhn Schy Yjn,571
ICICI Pru Regular Gold Svngs (FOF),989 Indiabulls Dynamic Bond,875 Kotak Gold,994 Mahindra Mnlife Rrl Bhrt & Con Yjn,386
ICICI Pru Regular Savings,538 Indiabulls Equity Hybrid,488 Kotak India EQ Contra,268 Mahindra Mnulfe Hybrd Eqt Nivsh Yjn,495
ICICI Pru Retirement Hybrid Cons,539 Indiabulls Income,680 Kotak Infra & Eco Reform,348 Mahindra Mnulife Largecap Prgti Yjn,68
ICICI Pru Retrmnt Hybrid Agrsv,485 Indiabulls Liquid,786 Kotak Low Duration,728 Mirae Asset Arbtg Fund,598
ICICI Pru Retrmnt Pure Debt,678 Indiabulls Nifty 50 ETF,50 Kotak Medium Term,681 Mirae Asset Banking And PSU Debt Fund,941
ICICI Pru Retrmnt Pure Eqt,166 Indiabulls Overnight,843 Kotak Money Market,821 Mirae Asset Cash Management,794
ICICI Pru S&P BSE 500 ETF,167 Indiabulls Savings,818 Kotak Nifty ETF,56 Mirae Asset Dynamic Bond,879
ICICI Pru Savings,724 Indiabulls Short Term,701 Kotak NV 20 ETF,57 Mirae Asset Emerging Bluechip,133
ICICI Pru Sensex ETF,39 Indiabulls Tax Savings,292 Kotak Overnight,847 Mirae Asset Equity Savings,572
ICICI Pru Sensex Index,40 Indiabulls Ultra Short Term,752 Kotak Pioneer,384 Mirae Asset Focused,182
ICICI Pru Short Term,697 Indiabulls Value,265 Kotak PSU Bank ETF,325 Mirae Asset Great Consumer,418
ICICI Pru Small Cap,245 Invesco India Arbitrage,592 Kotak Savings,755 Mirae Asset Healthcare,363
ICICI Pru Technology,370 Invesco (I) Feeder Global Eqt Incm,452 Kotak Sensex ETF,58 Mirae Asset Hybrid Equity,496
ICICI Pru Thematic Advtg (FOF),540 Invesco India Banking & PSU Debt,937 Kotak Small Cap,250 Mirae Asset Large Cap,69
ICICI Pru Ultra Short Term,749 Invesco India Contra,266 Kotak Standard Multicap,177 Mirae Asset Midcap,221
ICICI Pru US Bluechip Eqt,451 Invesco India Corporate Bond,900 Kotak Tax Saver,296 Mirae Asset Nifty 50 ETF,70
ICICI Pru Value Discovery,262 Invesco India Credit Risk,918 L&T Arbitrage Opportunities,596 Mirae Asset Nifty Next 50 ETF,71
ICICI Prudential India Eqt FOF,168 Invesco India Dynamic Equity,619 L&T Balanced Advantage,622 Mirae Asset Overnight,851
ICICI Prudential Midcap 150 ETF,215 Invesco India Equity & Bond,489 L&T Banking & PSU Debt,939 Mirae Asset Savings,732
IDBI Banking & Fin Services,322 Invesco India Equity Savings,568 L&T Business Cycles,385 Mirae Asset Short Term,707
IDBI Credit Risk,916 Invesco India Feeder Pan Eur Eqt,453 L&T Conservative Hybrid,548 Mirae Asset Tax Saver,300
IDBI Diversified Eqt,169 Invesco India Financial Services,323 L&T Credit Risk,920 Motilal Oswal Dynamic,623
IDBI Dividend Yield,400 Invesco India Gilt,966 L&T Emerging Businesses,251 Motilal Oswal Equity Hybrid,497
IDBI Dynamic Bond,872 Invesco India Gold,992 L&T Equity,178 Motilal Oswal Focused 25,72
IDBI Eqt Advantage,290 Invesco India Gold ETF,993 L&T Equity Savings,570 Motilal Oswal Large and Midcap,134

Motilal Oswal Liquid,795 PGIM India Arbitrage,600 SBI ETF Sensex Next 50,97 Tata Retrmnt Savings Cons,556
Motilal Oswal Long Term Eqt,301 PGIM India Banking & PSU Debt,943 SBI Focused Equity,194 Tata Retrmnt Svngs Moderate,507
Motilal Oswal M50 ETF,73 PGIM India Credit Risk,923 SBI Gold,1001 Tata Retrmnt Svngs Progressive,200
Motilal Oswal Midcap 100 ETF,222 PGIM India Diversified Eqt,189 SBI Healthcare Opportunities,365 Tata Short-term Bond,713
Motilal Oswal Midcap 30,223 PGIM India Dynamic Bond,881 SBI Infrastructure,354 Tata Small Cap,258
Motilal Oswal Multicap 35,183 PGIM India Euro Eqt,461 SBI Large & Midcap,138 Tata Treasury Advantage,738
Motilal Oswal NASDAQ 100 ETF,455 PGIM India Gilt,973 SBI Liquid,803 Tata Ultra Short Term,765
Motilal Oswal Nasdaq 100 FOF,456 PGIM India Global Eqt Opp,462 SBI Long Term Equity,308 Tata Young Citizens,516
Motilal Oswal Nifty 50 Index,74 PGIM India Insta Cash,799 SBI Magnum Children’s Benefit,554 Taurus Banking & Financial Srvcs,336
Motilal Oswal Nifty 500,184 PGIM India Large Cap,87 SBI Magnum COMMA,391 Taurus Discovery (Midcap),233
Motilal Oswal Nifty Bank,327 PGIM India Long Term Eqt,304 SBI Magnum Equity ESG,392 Taurus Ethical,396
Motilal Oswal Nifty Midcap 150,224 PGIM India Low Duration,734 SBI Magnum Global,406 Taurus Infrastructure,357
Motilal Oswal Nifty Next 50 Index Fund,75 PGIM India Midcap Opp,227 SBI Magnum Low Duration,736 Taurus Liquid,806
Motilal Oswal Nifty Smallcap 250,252 PGIM India Money Market Fund,824 SBI Magnum Medium Duration,684 Taurus Nifty Index,106
Motilal Oswal S&P 500 Index Fund,457 PGIM India Overnight,853 SBI Magnum Midcap,230 Taurus Starshare (Multi Cap),201
Motilal Oswal Ultra Short Term,759 PGIM India Premier Bond,904 SBI Magnum MultiCap,195 Taurus Tax Shield,312
Nippon India Arbitrage,599 PGIM India Short Maturity,709 SBI Multi Asset Allocation,645 Union Arbitrage,605
CPSE ETF,411 PGIM India Ultra ST,761 SBI Nifty Index,98 Union Balanced Advantage,630
Nippon India Balanced Advantage,624 Principal Arbitrage,601 SBI Overnight,854 Union Corporate Bond,907
Nippon India Banking,328 Principal Balanced Advantage,625 SBI PSU,413 Union Dynamic Bond,887
Nippon India Banking & PSU Debt,942 Principal Credit Risk,924 SBI Savings,826 Union Equity Savings,579
Nippon India Consumption,419 Principal Dividend Yield,401 SBI Short Term Debt,711 Union Focused,202
Nippon India Dynamic Bond,880 Principal Dynamic Bond,882 SBI Small Cap,256 Union Large & Midcap,141
Nippon India Eqt Svngs Fund,573 Principal Emerging Bluechip,136 Shriram Balanced Advantage,627 Union Large Cap,107
Nippon India Equity Hybrid,498 Principal Focused Multicap,190 Shriram Hybrid Equity,504 Union Liquid,807
Nippon India ETF Bank BeES,329 Principal Global Opportunities,463 Shriram Long Term Equity,309 Union Long Term Equity,313
Nippon India ETF Consumption,420 Principal Hybrid Equity,500 Shriram Multicap,196 Union Midcap Fund,234
Nippon India ETF Dividend Opp,387 Principal Low Duration,735 Sundaram Arbtg,603 Union Multi Cap,203
Nippon India ETF Gold BeES,996 Principal Midcap Fund,228 Sundaram Balanced Advtg,628 Union Overnight,857
Nippon India ETF Hang Seng BeES,458 Principal Nifty 100 Equal Weight,88 Sundaram Banking & PSU Debt,945 Union Small Cap,259
Nippon India ETF Infra BeES,351 Principal Retrmnt Svngs Cons,552 Sundaram Corporate Bond,906 Union Value Discovery,275
Nippon India ETF Junior BeES,76 Principal Retrmnt Svngs Moderate,515 Sundaram Debt Oriented Hybrid,555 UTI Arbitrage,606
Nippon India ETF Liquid BeES,796 Principal Retrmnt Svngs Prgrsv,501 Sundaram Diversified Equity,310 UTI Banking & Fin Services,337
Nippon India ETF Long Term Gilt,971 Principal Small Cap,254 Sundaram Equity,197 UTI Banking & PSU Debt,947
Nippon India ETF Nifty 100,77 Principal Tax Savings,305 Sundaram Equity Hybrid,505 UTI Bond,667
Nippon India ETF Nifty BeES,78 Principal Ultra Short Term,762 Sundaram Equity Savings,577 UTI Children’s Career Investment,204
Nippon India ETF Nifty IT,371 Quant Absolute,502 Sundaram Fin Services Opp,333 UTI Children’s Career Svngs,517
Nippon India ETF Nifty Midcap 150,225 Quant Active,192 Sundaram Global Brand,464 UTI Core Equity,142
Nippon India ETF NV20,79 Quant Consumption,421 Sundaram Infrastructure Adv,355 UTI Corporate Bond,908
Nippon India ETF PSU Bank BeES,330 Quant Dynamic Bond,883 Sundaram Large & Midcap,139 UTI Credit Risk,927
Nippon India ETF Sensex,80 Quant Focused,89 Sundaram Low Duration,737 UTI Dividend Yield,403
Nippon India ETF Sensex Next 50,81 Quant Infrastructure,353 Sundaram Midcap,231 UTI Dynamic Bond,888
Nippon India ETF Shariah BeES,82 Quant Large & Midcap,137 Sundaram Money,804 UTI Equity,205
Nippon India Floating Rate,953 Quant Liquid,801 Sundaram Money Market,827 UTI Equity Savings,580
Nippon India Focused Equity,185 Quant Money Market,825 Sundaram Rural & Consumption,423 UTI Floater,954
Nippon India Gilt Securities Inst,972 Quant Small Cap,255 Sundaram Select Focus,99 UTI Gilt,976
Nippon India Gold Savings,997 Quant Tax,306 Sundaram Services,393 UTI Gold ETF,1002
Nippon India Growth,226 Quantum Dynamic Bond,884 Sundaram Short Term Debt,712 UTI Healthcare,367
Nippon India Hybrid Bond,550 Quantum Equity FoF,193 Sundaram Small Cap,257 UTI Hybrid Equity,508
Nippon India Income,664 Quantum Gold,998 Sundaram Smart NIFTY 100 Equal Wght,100 UTI Infrastructure,358
Nippon India Index Nifty,83 Quantum Gold Savings,999 Sundaram ST Credit Risk,926 UTI Liquid Cash,808
Nippon India Index Sensex,84 Quantum India ESG Eqt,389 Sundaram Ultra Short Term,764 UTI Long Term Equity,314
Nippon India Japan Equity,459 Quantum Liquid,802 Tata Arbitrage,604 UTI Medium Term,687
Nippon India Junior BeES FoF,85 Quantum Long Term Eqt Value,271 Tata Balanced Advantage,629 UTI Midcap,235
Nippon India Large Cap,86 Quantum Multi Asset FOFs,644 Tata Banking & Fin Services,334 UTI MNC,407
Nippon India Liquid,797 Quantum Nifty ETF,90 Tata Banking & PSU Debt,946 UTI Money Market,829
Nippon India Low Duration,733 Quantum Tax Saving,307 Tata Digital India,373 UTI Multi Asset,647
Nippon India Money Market,823 SBI Arbitrage Opportunities,602 Tata Dynamic Bond,886 UTI Nifty ETF,109
Nippon India Multi Cap,186 SBI Banking & Fin Services,331 Tata Equity PE,273 UTI Nifty Index,110
Nippon India Nivesh Lakshya,653 SBI Banking and PSU,944 Tata Ethical,394 UTI Nifty Next 50 ETF,111
Nippon India Overnight,852 SBI Bluechip,91 Tata Focused Eqt,198 UTI Nifty Next 50 Index,112
Nippon India Pharma,364 SBI Contra,272 Tata GSF,975 UTI Overnight,858
Nippon India Power & Infra,352 SBI Corporate Bond,905 Tata Hybrid Equity,506 UTI Regular Savings,557
Nippon India Prime Debt,903 SBI Credit Risk,925 Tata Income,666 UTI Retrmnt Benefit Pension,518
Nippon India Quant,388 SBI Debt Hybrid,553 Tata India Consumer,424 UTI S&P BSE Sensex Next 50 ETF,113
Nippon India Retrmnt Incm Generation,551 SBI Dynamic Asset Allocation,626 Tata India Pharma & HealthCare,366 UTI Sensex ETF,114
Nippon India Retrmnt Wealth Creation,187 SBI Dynamic Bond,885 Tata India Tax Savings,311 UTI Short-term Income,714
Nippon India Short-term,708 SBI Equity Hybrid,503 Tata Infrastructure,356 UTI Transportation & Logistics,397
Nippon India Small Cap,253 SBI Equity Minimum Variance,390 Tata Large & Midcap,140 UTI Ultra Short Term,766
Nippon India Strategic Debt,683 SBI Equity Savings,576 Tata Large Cap,103 UTI Unit Linked Insurance,631
Nippon India Tax Saver (ELSS),302 SBI ETF 10 Year Gilt,980 Tata Liquid,805 UTI Value Opportunities,276
Nippon India Ultra Short Duration,760 SBI ETF BSE 100,92 Tata Medium Term,686 YES Liquid,809
Nippon India US Eqt Opportunities,460 SBI ETF Gold,1000 Tata Multi Asset Opp Fund,646 YES Overnight,859
Nippon India Value,270 SBI ETF Nifty 50,93 Tata Multicap,199 YES Ultra Short Term,767
Nippon India Vision,135 SBI ETF Nifty Bank,332 Tata Nifty ETF,104
Parag Parikh Liquid,798 SBI ETF Nifty Next 50,94 Tata Nifty Private Bank ETF,335
Parag Parikh Long Term Equity,188 SBI ETF Quality,95 Tata Quant Fund,395
Parag Parikh Tax Saver,303 SBI ETF Sensex,96 Tata Resources & Energy,409

SCOREBOARD
Performance snapshot
Here are the performance data of the Indian mutual fund industry as of July 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 6.68 11.50 0.51 3.20 5.65 8.31 13.14 6.43 11.25 0.71 2.96 6.13
Equity: Large & MidCap 5.74 11.02 0.87 -0.17 5.06 9.78 14.47 5.81 11.33 2.02 1.07 6.12
Equity: Multi Cap 5.88 11.06 1.20 1.14 5.14 9.04 15.06 5.96 11.35 2.37 2.15 6.13
Equity: Mid Cap 5.38 13.02 4.63 -1.19 4.30 11.37 16.70 5.56 13.22 6.20 0.11 5.48
Equity: Small Cap 6.69 16.24 2.50 -5.21 3.25 8.90 — 6.80 16.53 3.82 -4.14 4.30
Equity: Value Oriented 6.67 13.15 -2.31 -2.01 3.95 9.13 16.56 6.76 13.39 -1.41 -1.04 4.93
Equity: ELSS 6.05 11.32 0.86 0.43 4.82 9.26 14.18 6.15 11.64 1.94 1.48 5.83
Equity: International 5.69 14.17 16.25 9.28 7.81 6.88 — 5.88 14.62 16.59 9.64 8.26
S&P BSE Sensex TRI 8.14 12.16 1.48 6.20 7.33 9.24 13.23 8.14 12.16 1.48 6.20 7.33
S&P BSE SENSEX Next 50 TRI 2.93 10.04 -3.06 -4.08 3.16 7.58 — 2.93 10.04 -3.06 -4.08 3.16
S&P BSE 500 TRI 7.10 13.30 1.46 2.32 6.34 8.60 13.42 7.10 13.30 1.46 2.32 6.34
S&P BSE Large Cap TRI 7.53 12.72 0.96 3.95 6.62 8.73 — 7.53 12.72 0.96 3.95 6.62
S&P BSE Mid Cap TRI 5.53 14.90 2.01 -2.65 5.24 7.77 — 5.53 14.90 2.01 -2.65 5.24
S&P BSE Small Cap TRI 5.31 17.53 3.91 -5.91 2.87 4.58 — 5.31 17.53 3.91 -5.91 2.87
Equity: Sectoral-Banking 1.62 2.57 -23.69 -7.86 0.67 3.84 — 2.35 3.43 -17.76 -4.18 4.46
S&P BSE Bankex TRI 1.26 -0.51 -24.71 -4.43 3.21 8.80 — 1.26 -0.51 -24.71 -4.43 3.21
Equity: Sectoral-Infrastructure 2.11 9.72 -10.56 -6.48 0.37 3.64 — 2.09 9.71 -10.41 -5.86 1.45
S&P BSE India Infrastructure TRI -2.69 4.17 -24.05 -13.73 -3.17 0.64 — -2.69 4.17 -24.05 -13.73 -3.17
Equity: Sectoral-Pharma 12.24 17.46 49.81 12.52 5.09 14.19 15.68 12.37 17.83 51.98 13.84 6.15
S&P BSE Healthcare TRI 12.59 19.46 45.22 9.58 2.06 13.32 14.66 12.59 19.46 45.22 9.58 2.06
Equity: Sectoral-Technology 19.40 26.95 19.36 19.04 11.23 13.74 11.10 18.87 27.27 20.52 20.29 12.14
S&P BSE IT TRI 22.86 29.40 18.40 22.80 12.72 14.98 10.65 22.86 29.40 18.40 22.80 12.72
Hybrid: Aggressive Hybrid 5.26 9.36 1.83 1.46 5.30 8.73 12.60 5.37 9.69 3.03 2.57 6.36
Hybrid: Balanced Hybrid 3.86 8.20 1.18 1.40 4.76 7.58 10.14 3.93 8.42 1.92 2.13 5.43
Hybrid: Conservative Hybrid 2.48 5.64 4.31 3.56 5.97 7.64 7.97 2.56 5.89 5.24 4.49 6.89
VR Balanced TRI 6.41 10.71 1.77 4.89 6.81 8.60 — 6.41 10.71 1.77 4.89 6.81
VR MIP TRI 2.81 5.30 5.12 6.19 7.24 7.98 — 2.81 5.30 5.12 6.19 7.24
Debt: Long Duration 1.92 5.74 11.13 8.90 9.98 8.83 8.96 1.92 5.53 11.57 9.53 10.79
Debt: Medium Duration 1.12 4.42 5.84 5.74 6.97 7.66 7.44 1.18 4.57 6.65 6.50 7.78
Debt: Short Duration 1.69 4.52 8.94 6.18 7.12 7.95 — 1.75 4.70 9.68 6.90 7.86
Debt: Ultra Short Duration 0.49 1.82 6.40 6.05 6.68 7.99 7.30 0.53 1.94 6.90 6.53 7.18
Debt: Liquid 0.26 0.92 4.92 6.24 6.62 7.74 7.20 0.27 0.96 5.13 6.38 6.77
Debt: Dynamic Bond 1.21 3.76 9.07 6.53 7.92 8.50 7.82 1.26 3.92 9.76 7.28 8.67
Debt: Corporate Bond 0.81 4.46 10.55 7.45 7.90 8.29 7.64 0.85 4.58 11.05 7.93 8.41
Debt: Credit Risk 1.48 3.61 -0.74 1.02 3.77 7.05 — 1.56 3.83 0.06 1.87 4.67
CCIL All Sovereign Bond - TRI 1.41 4.27 11.50 9.65 10.35 9.35 — 1.41 4.27 11.50 9.65 10.35
CCIL T Bill Liquidity Weight 0.21 0.64 3.78 4.10 4.28 4.78 — 0.21 0.64 3.78 4.10 4.28
VR Bond 0.78 2.32 7.22 7.00 7.51 7.63 — 0.78 2.32 7.22 7.00 7.51
Returns (%) as on July 31, 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 12.97 4.37 12.95 8.30 - - 13.83 4.42 13.74 8.47
Quant Active Equity: Multi Cap 10.67 4.22 11.02 7.91 13.57 24.36 10.99 4.24 11.31 7.97
Nippon India ETF NV20 Equity: Large Cap Not rated 7.79 4.05 10.64 7.84 - - Not rated - - - -
Quant Tax Equity: ELSS 8.86 4.11 10.33 7.78 12.41 22.89 10.18 4.19 11.29 7.97
Mirae Asset Emerging Bluechip Equity: Large & MidCap 5.36 3.91 9.91 7.70 18.43 31.64 6.35 3.96 10.91 7.89
IIFL Focused Equity Equity: Multi Cap 8.33 4.08 9.89 7.70 - - 9.91 4.18 11.44 8.00
Axis Bluechip Equity: Large Cap 6.73 3.99 9.88 7.69 11.78 22.15 8.09 4.07 11.28 7.97
Axis Midcap Equity: Mid Cap 7.03 4.00 9.67 7.65 - - 8.41 4.09 11.04 7.92
Nippon India ETF Shariah BeES Equity: Large Cap Not rated 8.60 4.10 9.44 7.61 10.00 20.15 Not rated - - - -
Canara Robeco Bluechip Eqt Equity: Large Cap 7.62 4.04 9.43 7.61 - - 9.01 4.12 10.78 7.87
Canara Robeco Eqt Tax Saver Equity: ELSS 6.82 3.99 8.78 7.49 10.99 21.23 7.80 4.05 9.73 7.66
PGIM India Diversified Eqt Equity: Multi Cap 8.62 4.10 8.77 7.48 - - 10.61 4.22 10.66 7.84
Axis Focused 25 Equity: Multi Cap 3.49 3.80 8.50 7.43 - - 4.76 3.87 9.87 7.69
Quant Absolute Hybrid: Aggressive Hybrid Not rated 8.47 4.09 8.50 7.43 10.82 21.04 Not rated 9.78 4.17 9.45 7.61
Canara Robeco Eqt Diversified Equity: Multi Cap 5.69 3.92 8.44 7.42 10.43 20.61 6.80 3.99 9.44 7.61
Canara Robeco Eqt Hybrid Hybrid: Aggressive Hybrid 6.66 3.98 8.27 7.39 11.34 21.63 7.92 4.06 9.60 7.64
SBI ETF Sensex Equity: Large Cap Not rated 4.60 3.86 7.99 7.34 - - Not rated - - - -
Nippon India ETF Sensex Equity: Large Cap Not rated 4.59 3.86 7.98 7.34 - - Not rated - - - -
Invesco India Contra Equity: Value Oriented 3.79 3.81 7.97 7.33 12.97 23.60 4.98 3.88 9.43 7.61
BOI AXA Tax Advantage Equity: ELSS 4.97 3.88 7.94 7.33 10.78 20.99 6.14 3.95 9.30 7.58
ICICI Pru Sensex ETF Equity: Large Cap Not rated 4.59 3.86 7.92 7.33 9.47 19.59 Not rated - - - -
Kotak Sensex ETF Equity: Large Cap Not rated 4.37 3.85 7.75 7.29 9.29 19.40 Not rated - - - -
UTI Equity Equity: Multi Cap 5.51 3.91 7.72 7.29 10.99 21.24 6.07 3.95 8.28 7.39
Quant Large & Midcap Equity: Large & MidCap Not rated 5.85 3.93 7.62 7.27 13.04 23.68 Not rated 6.13 3.95 7.86 7.31
SBI Focused Equity Equity: Multi Cap 3.24 3.78 7.54 7.26 12.75 23.32 4.30 3.84 8.64 7.46
Mirae Asset Hybrid Equity Hybrid: Aggressive Hybrid 4.52 3.86 7.48 7.25 - - 6.16 3.95 9.32 7.59
HDFC Index Sensex Equity: Large Cap 3.97 3.82 7.44 7.24 9.01 19.12 4.20 3.84 7.65 7.28
Tata Retrmnt Svngs Progressive Equity: Multi Cap 2.63 3.75 7.39 7.23 - - 4.25 3.84 9.05 7.54
Tata Index Sensex Equity: Large Cap 3.97 3.82 7.25 7.20 8.48 18.59 4.56 3.86 7.81 7.31
Mirae Asset Large Cap Equity: Large Cap 2.48 3.74 7.10 7.18 12.38 22.86 3.55 3.80 8.15 7.37
Tata Retrmnt Svngs Moderate Hybrid: Aggressive Hybrid 3.24 3.78 7.00 7.16 - - 4.72 3.87 8.49 7.43
SBI Equity Hybrid Hybrid: Aggressive Hybrid 4.49 3.85 6.95 7.15 11.31 21.59 5.25 3.90 7.88 7.32
Nippon India Index Sensex Equity: Large Cap 3.73 3.81 6.95 7.15 - - 4.38 3.85 7.65 7.28
DSP Midcap Equity: Mid Cap 3.64 3.81 6.91 7.14 13.54 24.33 4.55 3.86 7.87 7.32
Edelweiss ETF Nifty 50 Equity: Large Cap Not rated 2.86 3.76 6.84 7.13 - - Not rated - - - -
Axis Long Term Equity Equity: ELSS 2.64 3.75 6.82 7.13 13.74 24.59 3.56 3.80 7.88 7.32
BNP Paribas Large Cap Equity: Large Cap 4.95 3.88 6.81 7.13 10.72 20.93 6.17 3.95 8.14 7.37
Axis Small Cap Equity: Small Cap 3.54 3.80 6.77 7.12 - - 4.99 3.88 8.18 7.37
Canara Robeco Emerging Equities Equity: Large & MidCap 1.93 3.71 6.72 7.11 15.99 27.74 3.11 3.77 8.04 7.35
LIC MF Index Sensex Equity: Large Cap 3.64 3.81 6.71 7.11 8.06 18.18 4.07 3.83 7.21 7.20
Principal Focused Multicap Equity: Multi Cap 3.93 3.82 6.69 7.10 9.68 19.81 4.69 3.87 7.48 7.25
SBI ETF Nifty 50 Equity: Large Cap Not rated 2.93 3.76 6.68 7.10 - - Not rated - - - -
Kotak India EQ Contra Equity: Value Oriented 2.18 3.72 6.68 7.10 9.84 19.97 3.57 3.80 8.26 7.39
ICICI Pru Nifty ETF Equity: Large Cap Not rated 2.94 3.77 6.65 7.10 - - Not rated - - - -
Data as of July 2020

REGULAR DIRECT
Nippon India ETF Nifty BeES Equity: Large Cap Not rated 2.98 3.77 6.65 7.10 8.85 18.96 Not rated - - - -
Invesco India Nifty ETF Equity: Large Cap Not rated 2.89 3.76 6.63 7.09 - - Not rated - - - -
Sundaram Select Focus Equity: Large Cap 2.47 3.74 6.56 7.08 8.42 18.54 3.48 3.80 7.62 7.27
Motilal Oswal Focused 25 Equity: Large Cap 3.75 3.81 6.55 7.08 - - 5.03 3.89 7.95 7.33
ABSL Nifty ETF Equity: Large Cap Not rated 2.83 3.76 6.54 7.08 - - Not rated - - - -
IDFC Nifty Equity: Large Cap 2.98 3.77 6.54 7.08 8.73 18.84 3.12 3.78 6.67 7.10
Quantum Nifty ETF Equity: Large Cap Not rated 2.83 3.76 6.53 7.08 8.79 18.90 Not rated - - - -
DSP Equity Equity: Multi Cap 2.86 3.76 6.51 7.07 10.20 20.36 3.77 3.81 7.41 7.23
Invesco India Tax Equity: ELSS 2.80 3.76 6.48 7.07 11.76 22.12 4.13 3.83 8.04 7.35
Kotak Equity Opportunities Equity: Large & MidCap 3.07 3.77 6.46 7.06 10.98 21.22 4.20 3.84 7.75 7.29
Kotak Nifty ETF Equity: Large Cap Not rated 2.83 3.76 6.46 7.06 8.56 18.67 Not rated - - - -
IDFC Large Cap Equity: Large Cap 3.47 3.80 6.42 7.06 8.13 18.26 4.44 3.85 7.55 7.26
DSP Equity & Bond Hybrid: Aggressive Hybrid 4.11 3.83 6.42 7.06 10.00 20.15 5.15 3.89 7.54 7.26
UTI Nifty Index Equity: Large Cap 2.70 3.75 6.39 7.05 8.47 18.58 2.77 3.76 6.47 7.06
Invesco India Midcap Equity: Mid Cap 3.04 3.77 6.34 7.04 13.41 24.15 4.56 3.86 8.08 7.36
Edelweiss Large Cap Equity: Large Cap 2.97 3.77 6.29 7.03 9.85 19.98 4.35 3.85 7.54 7.26
HDFC Index Nifty 50 Equity: Large Cap 2.44 3.74 6.17 7.01 8.40 18.52 2.62 3.75 6.36 7.05
SBI Small Cap Equity: Small Cap -0.90 3.55 6.17 7.01 17.17 29.57 0.31 3.62 7.51 7.25
HDFC Children’s Gift Hybrid: Aggressive Hybrid 2.81 3.76 6.11 7.00 10.89 21.12 3.72 3.81 7.10 7.18
Sundaram Equity Hybrid Hybrid: Aggressive Hybrid 3.08 3.77 6.09 7.00 7.59 17.74 4.25 3.84 7.30 7.21
SBI ETF BSE 100 Equity: Large Cap Not rated 2.02 3.71 6.05 6.99 - - Not rated - - - -
Taurus Nifty Index Equity: Large Cap Not rated 2.82 3.76 6.05 6.99 7.84 17.98 Not rated 3.11 3.78 6.62 7.09
PGIM India Midcap Opp Equity: Mid Cap 6.68 3.98 6.05 6.99 - - 8.32 4.08 7.61 7.27
Invesco India Growth Opp Equity: Large & MidCap 1.17 3.67 6.05 6.99 10.62 20.82 2.38 3.73 7.54 7.26
Motilal Oswal M50 ETF Equity: Large Cap Not rated 2.64 3.75 6.04 6.99 7.86 18.00 Not rated - - - -
ICICI Pru Nifty 100 ETF Equity: Large Cap Not rated 2.17 3.72 6.01 6.98 - - Not rated - - - -
Taurus Discovery (Midcap) Equity: Mid Cap 2.09 3.72 5.97 6.98 12.21 22.66 2.55 3.74 6.47 7.06
Tata Index Nifty Equity: Large Cap 2.34 3.73 5.94 6.97 7.94 18.08 2.80 3.76 6.42 7.06
Taurus Tax Shield Equity: ELSS 1.27 3.67 5.88 6.96 8.92 19.03 2.06 3.72 6.70 7.11
Kotak Standard Multicap Equity: Multi Cap 1.31 3.67 5.86 6.96 11.81 22.18 2.32 3.73 7.00 7.16
ICICI Pru Nifty Index Equity: Large Cap 2.30 3.73 5.84 6.95 8.15 18.27 2.71 3.75 6.27 7.03
IDFC Focused Equity Equity: Multi Cap 1.08 3.66 5.79 6.95 7.71 17.86 2.47 3.74 7.43 7.24
BNP Paribas Long Term Equity Equity: ELSS 3.68 3.81 5.74 6.94 10.75 20.96 4.87 3.88 6.93 7.15
Invesco India Large Cap Equity: Large Cap 2.92 3.76 5.71 6.93 9.40 19.52 4.39 3.85 7.39 7.23
SBI Nifty Index Equity: Large Cap 1.96 3.71 5.69 6.93 7.78 17.92 2.39 3.73 6.16 7.01
Kotak Bluechip Equity: Large Cap 3.24 3.78 5.66 6.92 9.24 19.35 4.41 3.85 6.96 7.15
ABSL Index Equity: Large Cap 2.23 3.73 5.66 6.92 7.74 17.89 2.42 3.74 5.88 6.96
ICICI Pru Focused Equity Equity: Multi Cap 3.90 3.82 5.64 6.92 8.56 18.67 4.92 3.88 6.78 7.12
Quant Midcap Equity: Mid Cap Not rated 4.56 3.86 5.62 6.92 7.85 17.99 Not rated 5.82 3.93 6.52 7.07
JM Tax Gain Equity: ELSS 0.64 3.64 5.59 6.91 10.28 20.44 1.39 3.68 6.64 7.09
HSBC Large Cap Eqt Equity: Large Cap 1.87 3.70 5.57 6.91 8.19 18.31 2.75 3.75 6.46 7.06
Union Multi Cap Equity: Multi Cap 3.77 3.81 5.56 6.90 - - 4.44 3.85 6.27 7.03
Principal Hybrid Equity Hybrid: Aggressive Hybrid 0.51 3.63 5.52 6.90 9.79 19.92 1.73 3.70 6.84 7.13
Nippon India Index Nifty Equity: Large Cap 1.81 3.70 5.43 6.88 - - 2.67 3.75 6.26 7.03
Kotak Tax Saver Equity: ELSS 1.78 3.70 5.43 6.88 9.84 19.97 2.99 3.77 6.78 7.12
DSP Tax Saver Equity: ELSS 1.28 3.67 5.41 6.88 11.31 21.60 2.27 3.73 6.51 7.07
LIC MF Index Nifty Equity: Large Cap 1.97 3.71 5.40 6.88 7.58 17.73 2.43 3.74 5.91 6.97
Tata Large & Midcap Equity: Large & MidCap 2.85 3.76 5.37 6.87 10.11 20.26 4.17 3.84 6.83 7.13
Franklin Index NSE Nifty Equity: Large Cap 1.76 3.70 5.36 6.87 7.69 17.84 2.24 3.73 5.85 6.96
SCOREBOARD
REGULAR DIRECT
JM Large Cap Equity: Large Cap 4.03 3.83 5.34 6.87 7.79 17.93 5.08 3.89 6.49 7.07
Nippon India ETF Nifty 100 Equity: Large Cap Not rated 1.42 3.68 5.32 6.86 - - Not rated - - - -
Edelweiss Large & Midcap Equity: Large & MidCap 1.47 3.68 5.31 6.86 9.33 19.44 2.97 3.77 6.67 7.10
Principal Emerging Bluechip Equity: Large & MidCap -0.08 3.60 5.28 6.86 13.96 24.88 1.04 3.66 6.51 7.07
LIC MF Large & Midcap Equity: Large & MidCap -0.07 3.60 5.25 6.85 - - 1.41 3.68 6.88 7.14
JM Multicap Equity: Multi Cap -0.08 3.60 5.22 6.85 9.81 19.94 0.71 3.64 6.25 7.03
IDBI Nifty Index Equity: Large Cap 1.78 3.70 5.13 6.83 7.32 17.49 2.71 3.75 6.24 7.02
UTI Mastershare Equity: Large Cap 1.95 3.71 5.10 6.83 8.73 18.84 2.78 3.76 5.97 6.98
ICICI Pru Bluechip Equity: Large Cap 0.59 3.63 5.00 6.81 9.52 19.64 1.31 3.67 5.88 6.96
Quant Focused Equity: Large Cap Not rated 1.86 3.70 4.95 6.80 12.13 22.56 Not rated 2.98 3.77 5.79 6.94
ABSL Focused Eqt Equity: Large Cap 1.55 3.69 4.85 6.78 9.98 20.12 2.48 3.74 5.94 6.97
DSP Equity Opp Equity: Large & MidCap 0.28 3.62 4.84 6.78 10.38 20.56 1.25 3.67 5.93 6.97
LIC MF Large Cap Equity: Large Cap 1.98 3.71 4.83 6.78 8.05 18.18 3.01 3.77 5.95 6.97
Tata Equity PE Equity: Value Oriented -1.00 3.54 4.79 6.77 11.35 21.65 0.37 3.62 6.13 7.01
Shriram Hybrid Equity Hybrid: Aggressive Hybrid 2.54 3.74 4.71 6.76 - - 3.96 3.82 5.92 6.97
Tata India Tax Savings Equity: ELSS -0.27 3.59 4.71 6.76 11.00 21.24 1.20 3.67 6.19 7.02
Union Long Term Equity Equity: ELSS 3.34 3.79 4.67 6.75 - - 3.77 3.81 5.27 6.85
Edelweiss Multi Cap Equity: Multi Cap -0.77 3.56 4.67 6.75 - - 0.90 3.65 6.14 7.01
UTI Value Opportunities Equity: Value Oriented 1.92 3.71 4.66 6.75 7.91 18.05 2.60 3.75 5.41 6.88
Sundaram Large & Midcap Equity: Large & MidCap -1.08 3.54 4.59 6.74 9.56 19.68 0.07 3.60 5.73 6.93
Baroda Large Cap Equity: Large Cap 2.15 3.72 4.49 6.72 6.57 16.82 2.88 3.76 5.29 6.86
Kotak Equity Hybrid Hybrid: Aggressive Hybrid 2.00 3.71 4.47 6.72 7.79 17.93 3.28 3.78 5.89 6.96
L&T India Large Cap Equity: Large Cap 1.36 3.68 4.42 6.71 8.33 18.44 2.23 3.72 5.30 6.86
ABSL Tax Relief 96 Equity: ELSS -0.78 3.56 4.40 6.71 11.11 21.37 0.21 3.61 5.51 6.90
Edelweiss Agrsv Hybrid Hybrid: Aggressive Hybrid Not rated 1.70 3.70 4.34 6.70 7.65 17.80 Not rated 3.07 3.77 5.50 6.89
UTI Long Term Equity Equity: ELSS 1.17 3.67 4.32 6.69 8.38 18.50 2.05 3.71 5.27 6.86
SBI ETF Nifty Next 50 Equity: Large Cap Not rated -0.78 3.56 4.25 6.68 - - Not rated - - - -
Kotak Emerging Equity Equity: Mid Cap -0.26 3.59 4.24 6.68 13.08 23.73 0.98 3.65 5.62 6.92
Motilal Oswal Multicap 35 Equity: Multi Cap -1.02 3.54 4.22 6.68 - - -0.11 3.59 5.22 6.85
UTI Children’s Career Investment Equity: Multi Cap -0.37 3.58 4.21 6.68 8.50 18.61 0.51 3.63 5.14 6.83
Nippon India ETF Junior BeES Equity: Large Cap Not rated -0.72 3.56 4.13 6.66 10.22 20.38 Not rated - - - -
ICICI Pru Value Discovery Equity: Value Oriented 2.60 3.75 4.12 6.66 11.35 21.64 3.25 3.78 4.97 6.80
HSBC Managed Solutions India Growth Hybrid: Aggressive Hybrid 0.38 3.62 4.04 6.65 - - 0.70 3.64 4.37 6.70
DSP Focus Equity: Multi Cap 0.96 3.65 4.03 6.64 8.75 18.86 1.98 3.71 5.01 6.81
ABSL Equity Equity: Multi Cap -1.18 3.54 3.96 6.63 10.78 21.00 -0.25 3.59 5.04 6.81
PGIM India Large Cap Equity: Large Cap 0.62 3.63 3.91 6.62 8.21 18.33 2.00 3.71 5.45 6.89
IDBI India Top 100 Eqt Equity: Large Cap 1.78 3.70 3.88 6.62 - - 3.17 3.78 5.42 6.88
ICICI Pru Equity & Debt Hybrid: Aggressive Hybrid -0.55 3.57 3.87 6.62 9.99 20.14 0.17 3.61 4.89 6.79
L&T Hybrid Equity Hybrid: Aggressive Hybrid 0.73 3.64 3.86 6.62 - - 1.78 3.70 4.98 6.81
Essel Large Cap Equity Equity: Large Cap 0.28 3.62 3.86 6.62 - - 1.86 3.70 5.44 6.88
Principal Tax Savings Equity: ELSS -1.82 3.50 3.83 6.61 10.23 20.39 -1.27 3.53 4.42 6.71
Quant Small Cap Equity: Small Cap Not rated 6.82 3.99 3.81 6.61 5.31 15.75 Not rated 7.18 4.01 4.10 6.66
LIC MF Equity Hybrid Hybrid: Aggressive Hybrid 1.80 3.70 3.77 6.60 6.16 16.46 2.96 3.77 5.01 6.81
SBI Bluechip Equity: Large Cap 0.13 3.61 3.73 6.59 9.96 20.10 0.96 3.65 4.73 6.76
ICICI Pru Child Care Gift Hybrid: Aggressive Hybrid 0.41 3.62 3.72 6.59 9.05 19.16 1.18 3.67 4.56 6.73
Principal Multi Cap Growth Equity: Multi Cap -2.30 3.47 3.70 6.59 10.17 20.33 -1.43 3.52 4.65 6.75
Nippon India Growth Equity: Mid Cap -0.56 3.57 3.70 6.59 9.37 19.49 0.07 3.60 4.44 6.71
JM Equity Hybrid Hybrid: Aggressive Hybrid 3.23 3.78 3.65 6.58 6.85 17.06 4.18 3.84 4.50 6.72
Tata Midcap Growth Equity: Mid Cap -0.48 3.57 3.56 6.57 12.00 22.41 0.75 3.64 4.71 6.76

REGULAR DIRECT
Motilal Oswal Long Term Eqt Equity: ELSS -3.36 3.42 3.56 6.57 - - -2.09 3.49 5.02 6.81
JM Value Equity: Value Oriented Not rated -2.49 3.46 3.52 6.56 9.12 19.23 Not rated -1.87 3.50 4.42 6.71
SBI Magnum MultiCap Equity: Multi Cap -1.73 3.51 3.49 6.55 10.48 20.67 -0.76 3.56 4.61 6.74
L&T Equity Equity: Multi Cap -0.43 3.58 3.34 6.53 8.39 18.50 0.26 3.61 4.10 6.66
ICICI Pru Nifty Next 50 Index Equity: Large Cap -1.77 3.50 3.30 6.52 9.51 19.63 -1.37 3.52 3.75 6.60
Edelweiss Midcap Equity: Mid Cap -1.53 3.52 3.25 6.51 12.67 23.22 -0.02 3.60 4.61 6.74
IDBI Diversified Eqt Equity: Multi Cap 0.54 3.63 3.24 6.51 - - 2.09 3.72 4.96 6.80
ICICI Pru LT Eqt (Tax Saving) Equity: ELSS -0.59 3.57 3.22 6.51 9.42 19.54 0.18 3.61 4.21 6.67
SBI Large & Midcap Equity: Large & MidCap -1.45 3.52 3.18 6.50 9.88 20.02 -0.77 3.56 3.90 6.62
BNP Paribas Multi Cap Equity: Multi Cap -1.22 3.53 3.17 6.50 9.40 19.52 0.18 3.61 4.77 6.77
LIC MF Tax Equity: ELSS -2.09 3.49 3.15 6.50 8.15 18.28 -0.95 3.55 4.37 6.70
ABSL Frontline Eqt Equity: Large Cap -0.99 3.55 3.13 6.50 8.94 19.05 -0.27 3.59 4.03 6.64
Franklin Eqt Hybrid Hybrid: Aggressive Hybrid 0.23 3.61 3.13 6.49 8.73 18.84 1.32 3.67 4.41 6.71
SBI Long Term Equity Equity: ELSS 0.41 3.62 3.08 6.49 8.42 18.54 1.04 3.66 3.77 6.60
L&T Midcap Equity: Mid Cap -3.40 3.41 3.07 6.49 12.78 23.35 -2.32 3.47 4.20 6.67
Indiabulls Bluechip Equity: Large Cap -2.09 3.49 3.05 6.48 - - -0.60 3.57 4.74 6.76
Nippon India Value Equity: Value Oriented -1.66 3.51 3.05 6.48 8.85 18.96 -1.01 3.54 3.81 6.61
DSP Top 100 Equity Equity: Large Cap -0.60 3.57 3.00 6.47 6.90 17.12 0.12 3.61 3.75 6.60
IDBI Nifty Junior Index Equity: Large Cap -1.69 3.51 2.95 6.46 - - -1.03 3.54 3.89 6.62
L&T Large and Midcap Equity: Large & MidCap -1.71 3.51 2.81 6.44 8.99 19.10 -0.90 3.55 3.68 6.59
BNP Paribas Midcap Equity: Mid Cap -0.39 3.58 2.75 6.43 11.88 22.26 1.03 3.66 4.33 6.69
Tata Large Cap Equity: Large Cap -1.28 3.53 2.68 6.42 7.30 17.48 -0.28 3.58 3.97 6.63
Baroda Hybrid Equity Hybrid: Aggressive Hybrid -0.56 3.57 2.66 6.42 6.52 16.78 0.32 3.62 3.79 6.60
LIC MF Multicap Equity: Multi Cap 0.20 3.61 2.65 6.42 5.74 16.10 0.99 3.66 3.49 6.55
LIC MF ULIS Hybrid: Aggressive Hybrid -1.34 3.53 2.59 6.41 5.91 16.25 -0.43 3.58 3.64 6.58
Baroda Multi Cap Equity: Multi Cap -0.76 3.56 2.56 6.40 6.87 17.08 0.06 3.60 3.48 6.55
L&T Tax Advantage Equity: ELSS -3.26 3.42 2.49 6.39 8.62 18.73 -2.70 3.45 3.18 6.50
UTI Midcap Equity: Mid Cap -0.36 3.58 2.40 6.38 11.97 22.37 0.47 3.63 3.33 6.53
Nippon India Small Cap Equity: Small Cap -4.88 3.34 2.40 6.38 - - -3.99 3.38 3.53 6.56
Baroda Midcap Equity: Mid Cap -0.70 3.56 2.36 6.37 - - 0.09 3.60 3.24 6.51
PGIM India Hybrid Eqt Hybrid: Aggressive Hybrid 0.10 3.61 2.31 6.36 6.25 16.54 1.65 3.69 3.87 6.62
Tata Hybrid Equity Hybrid: Aggressive Hybrid -0.18 3.59 2.30 6.36 8.62 18.73 1.01 3.66 3.55 6.56
L&T India Value Equity: Value Oriented -2.83 3.45 2.29 6.36 11.70 22.05 -1.91 3.50 3.27 6.52
IDFC Tax Advantage (ELSS) Equity: ELSS -3.97 3.38 2.23 6.35 9.43 19.55 -2.85 3.44 3.48 6.55
HDFC Hybrid Equity Hybrid: Aggressive Hybrid -1.34 3.53 2.23 6.35 6.38 16.65 -0.64 3.56 2.97 6.47
BOI AXA Large & Midcap Eqt Equity: Large & MidCap -1.67 3.51 2.19 6.34 6.56 16.81 -0.49 3.57 3.47 6.55
Edelweiss LT Eqt (Tax Svngs) Equity: ELSS -1.84 3.50 2.17 6.34 8.07 18.20 -0.20 3.59 3.72 6.59
UTI Hybrid Equity Hybrid: Aggressive Hybrid -1.45 3.52 2.16 6.34 6.86 17.08 -0.77 3.56 2.88 6.45
HSBC Tax Saver Eqt Equity: ELSS -2.72 3.45 2.15 6.34 8.58 18.69 -1.68 3.51 3.15 6.50
Invesco India Multicap Equity: Multi Cap Not rated -2.68 3.45 2.10 6.33 11.27 21.55 Not rated -1.32 3.53 3.71 6.59
IDFC Core Equity Equity: Large & MidCap -3.67 3.40 2.03 6.32 7.13 17.32 -2.45 3.47 3.52 6.56
HDFC Top 100 Equity: Large Cap -4.01 3.38 2.00 6.31 7.23 17.41 -3.41 3.41 2.71 6.43
HSBC Multi Cap Eqt Equity: Multi Cap -2.69 3.45 1.85 6.29 8.25 18.37 -1.72 3.51 2.81 6.44
ABSL Eqt Advantage Equity: Large & MidCap -3.19 3.43 1.71 6.27 9.51 19.63 -2.22 3.48 2.86 6.45
Kotak Small Cap Equity: Small Cap -2.53 3.46 1.68 6.26 10.34 20.51 -1.24 3.53 3.14 6.50
JM Core 11 Equity: Large Cap -6.35 3.26 1.66 6.26 7.89 18.02 -4.80 3.34 3.28 6.52
HDFC Capital Builder Value Equity: Value Oriented -4.37 3.36 1.62 6.25 8.64 18.75 -3.39 3.42 2.77 6.44
HDFC Mid-Cap Opportunities Equity: Mid Cap -4.06 3.38 1.54 6.24 11.60 21.93 -3.31 3.42 2.47 6.39
ICICI Pru Multicap Equity: Multi Cap -3.79 3.39 1.51 6.23 8.56 18.67 -2.84 3.44 2.60 6.41

SCOREBOARD
REGULAR DIRECT
Nippon India Focused Equity Equity: Multi Cap -3.56 3.41 1.50 6.23 10.62 20.82 -2.88 3.44 2.37 6.37
Franklin Focused Eqt Equity: Multi Cap -3.95 3.39 1.40 6.22 10.52 20.71 -3.03 3.43 2.49 6.39
Taurus Largecap Equity Equity: Large Cap -1.41 3.52 1.35 6.21 5.30 15.75 -1.07 3.54 1.89 6.29
Principal Nifty 100 Equal Weight Equity: Large Cap -2.63 3.46 1.33 6.21 5.27 15.72 -2.39 3.47 1.67 6.26
ICICI Pru Large & Midcap Equity: Large & MidCap -3.85 3.39 1.22 6.19 7.20 17.38 -3.01 3.44 2.25 6.35
Baroda ELSS 96 Equity: ELSS -2.34 3.47 1.22 6.19 6.40 16.67 -1.64 3.51 2.06 6.32
ABSL Eq Hybrid ‘95 Hybrid: Aggressive Hybrid -3.13 3.43 1.16 6.18 7.78 17.92 -2.34 3.47 2.17 6.34
IDBI Eqt Advantage Equity: ELSS -3.90 3.39 1.12 6.17 - - -2.57 3.46 2.63 6.41
Nippon India Large Cap Equity: Large Cap -5.70 3.29 1.08 6.17 8.15 18.27 -4.81 3.34 2.13 6.33
Franklin Equity Equity: Multi Cap -3.29 3.42 1.03 6.16 8.54 18.65 -2.47 3.46 2.01 6.31
HDFC Growth Opportunities Equity: Large & MidCap -3.62 3.40 0.90 6.14 4.76 15.31 -3.42 3.41 1.09 6.17
Franklin Bluechip Equity: Large Cap -3.44 3.41 0.79 6.12 6.34 16.62 -2.68 3.45 1.65 6.26
Union Small Cap Equity: Small Cap -1.77 3.50 0.71 6.11 - - -1.13 3.54 1.48 6.23
Franklin Prima Equity: Mid Cap -5.12 3.32 0.70 6.11 11.30 21.58 -4.26 3.37 1.71 6.27
HDFC Equity Equity: Multi Cap -6.03 3.28 0.68 6.10 7.03 17.23 -5.41 3.31 1.46 6.23
ICICI Pru Midcap Equity: Mid Cap -4.95 3.33 0.52 6.08 10.14 20.30 -4.03 3.38 1.59 6.25
IDFC Multi Cap Equity: Multi Cap -4.46 3.36 0.36 6.06 8.81 18.91 -3.79 3.39 1.11 6.17
Sundaram Diversified Equity Equity: ELSS -5.17 3.32 0.33 6.05 7.05 17.25 -4.78 3.34 0.82 6.13
UTI Core Equity Equity: Large & MidCap -4.01 3.38 0.33 6.05 6.17 16.47 -3.54 3.41 0.86 6.13
SBI Contra Equity: Value Oriented -3.82 3.39 0.04 6.01 5.59 15.98 -3.24 3.42 0.69 6.11
SBI Magnum Midcap Equity: Mid Cap -2.53 3.46 0.03 6.00 10.90 21.13 -1.65 3.51 1.05 6.16
DSP Small Cap Equity: Small Cap -4.19 3.37 -0.19 5.97 12.57 23.10 -3.45 3.41 0.52 6.08
HDFC Taxsaver Equity: ELSS -6.10 3.27 -0.27 5.96 6.28 16.56 -5.53 3.30 0.40 6.06
Franklin Taxshield Equity: ELSS -5.72 3.29 -0.50 5.92 7.74 17.88 -4.80 3.34 0.53 6.08
Taurus Starshare (Multi Cap) Equity: Multi Cap -5.15 3.32 -0.60 5.91 4.91 15.43 -5.01 3.33 -0.36 5.95
Nippon India Vision Equity: Large & MidCap -5.02 3.33 -0.63 5.91 5.70 16.08 -4.50 3.36 -0.01 6.00
Franklin Life Stage FoF 20s Hybrid: Aggressive Hybrid -5.69 3.29 -0.63 5.90 5.93 16.26 -5.13 3.32 -0.09 5.99
HDFC Small Cap Equity: Small Cap -10.17 3.07 -0.78 5.88 8.26 18.38 -9.12 3.12 0.53 6.08
Motilal Oswal Midcap 100 ETF Equity: Mid Cap Not rated -6.21 3.27 -0.92 5.86 - - Not rated - - - -
Motilal Oswal Midcap 30 Equity: Mid Cap -5.16 3.32 -1.05 5.84 - - -4.04 3.38 0.22 6.03
ICICI Pru Small Cap Equity: Small Cap -5.91 3.28 -1.13 5.83 6.39 16.66 -4.77 3.34 -0.12 5.98
HDFC Focused 30 Equity: Multi Cap -7.63 3.19 -1.92 5.71 4.90 15.42 -6.79 3.24 -0.90 5.86
Franklin Eqt Advantage Equity: Large & MidCap -7.46 3.20 -1.99 5.70 6.44 16.71 -6.67 3.24 -1.15 5.83
Nippon India Retrmnt Wealth Creation Equity: Multi Cap -8.98 3.12 -2.38 5.65 - - -8.09 3.17 -1.24 5.81
L&T Emerging Businesses Equity: Small Cap -12.95 2.93 -2.44 5.64 - - -11.99 2.98 -1.37 5.79
Sundaram Midcap Equity: Mid Cap -9.13 3.12 -2.55 5.62 9.15 19.26 -8.41 3.15 -1.80 5.73
ABSL Midcap Equity: Mid Cap -8.59 3.14 -2.63 5.61 7.68 17.82 -7.76 3.19 -1.69 5.75
Templeton India Value Equity: Value Oriented -9.59 3.09 -2.82 5.58 4.96 15.47 -9.14 3.12 -2.31 5.66
IDFC Sterling Value Equity: Value Oriented -12.30 2.96 -3.47 5.49 6.36 16.64 -11.33 3.01 -2.34 5.65
Nippon India Multi Cap Equity: Multi Cap -10.96 3.03 -3.51 5.49 5.62 16.01 -10.31 3.06 -2.76 5.59
Nippon India Equity Hybrid Hybrid: Aggressive Hybrid -11.40 3.00 -4.16 5.40 4.98 15.48 -10.59 3.04 -3.04 5.55
HSBC Small Cap Eqt Equity: Small Cap -10.52 3.05 -4.41 5.36 6.85 17.06 -9.49 3.10 -3.39 5.50
Franklin Smaller Companies Equity: Small Cap -13.09 2.92 -5.52 5.21 9.46 19.58 -12.22 2.96 -4.41 5.36
ABSL Pure Value Equity: Value Oriented -13.19 2.92 -5.68 5.19 7.68 17.82 -12.22 2.96 -4.52 5.35
Sundaram Small Cap Equity: Small Cap -11.72 2.99 -5.99 5.15 6.77 17.00 -10.94 3.03 -5.19 5.26
Nippon India Tax Saver (ELSS) Equity: ELSS -13.13 2.92 -6.26 5.11 5.23 15.69 -12.48 2.95 -5.45 5.22
ABSL Small Cap Equity: Small Cap -15.37 2.81 -7.02 5.01 6.19 16.49 -14.38 2.86 -5.85 5.17

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 55). Below are the schemes in various
categories that have been rated five and four star.
DEBT REGULAR (83/234)

HYBRID: CONSERVATIVE HYBRID DEBT: SHORT DURATION ICICI Pru All Seasons Bond Reg
Baroda Conservative Hybrid Reg Axis Short Term Reg IDFC Dynamic Bond Reg
BNP Paribas Cons Hybrid Reg HDFC Short Term Debt Reg Kotak Dynamic Bond Reg
Canara Robeco Cons Hybrid Reg ICICI Pru Short Term Reg Mirae Asset Dynamic Bond Reg
HSBC Managed Solutions Ind Cons Reg IDFC All Seasons Bond Reg PGIM India Dynamic Bond Reg
ICICI Pru Regular Savings Reg IDFC Bond Short Term Reg Quantum Dynamic Bond Reg
ICICI Pru Thematic Advantage (FOF) Reg Kotak Bond Short-term Reg SBI Dynamic Bond Reg
IDFC Asset Allocation Cons Reg L&T Short Term Bond Reg
DEBT: CORPORATE BOND
Indiabulls Savings Income Reg SBI Short Term Debt Reg
ABSL Corporate Bond Reg
Kotak Asset Allocator Reg
DEBT: LOW DURATION DSP Corporate Bond Reg
Kotak Debt Hybrid Reg
Axis Treasury Advantage Reg HDFC Corporate Bond Reg
LIC MF Debt Hybrid Reg
Canara Robeco Savings Reg ICICI Pru Corporate Bond Reg
SBI Magnum Children’s Benefit Reg
ICICI Pru Savings Reg Kotak Corporate Bond Reg
Tata Retrmnt Savings Cons Reg
IDFC Low Duration Reg L&T Triple Ace Bond Reg
HYBRID: EQUITY SAVINGS Invesco India Treasury Advtg Reg UTI Corporate Bond Reg
Axis Equity Saver Reg Kotak Low Duration Reg
DEBT: CREDIT RISK
Edelweiss Equity Savings Reg Mahindra Manulife Low Duration Reg
Axis Credit Risk Reg
ICICI Pru Equity Savings Reg SBI Magnum Low Duration Reg
HDFC Credit Risk Debt Reg
Kotak Equity Savings Reg
DEBT: ULTRA SHORT TERM ICICI Pru Credit Risk Reg
Principal Equity Savings Reg
ABSL Savings Reg IDFC Credit Risk Reg
DEBT: MEDIUM TO LONG DURATION BOI AXA Ultra Short Duration Reg Kotak Credit Risk Reg
ICICI Pru Bond Reg HDFC Ultra Short Term Reg Mahindra Manulife Credit Risk Fund Reg
ICICI Pru Debt Management (FOF) Reg ICICI Pru Ultra Short Term Reg SBI Credit Risk Reg
IDFC Bond Income Reg IDFC Ultra Short Term Reg
DEBT: BANKING AND PSU
Nippon India Income Reg Kotak Savings Reg
Axis Banking & PSU Debt Reg
SBI Magnum Income Reg L&T Ultra Short Term Reg
IDFC Banking & PSU Debt Reg
PGIM India Ultra ST Reg
DEBT: MEDIUM DURATION Kotak Banking & PSU Debt Reg
HDFC Medium Term Debt Reg SBI Magnum Ultra Short Duration Reg LIC MF Banking & PSU Debt Reg
ICICI Pru Medium Term Bond Reg DEBT: DYNAMIC BOND Nippon India Banking & PSU Debt Reg
IDFC Bond Medium Term Reg Axis Dynamic Bond Reg
Indiabulls Income Reg DSP Strategic Bond Reg
SBI Magnum Medium Duration Reg Edelweiss Dynamic Bond Reg
RATING DOWNGRADE List of funds that moved out of the five- and four-star grades in July 2020
Axis Strategic Bond Reg ICICI Pru Income Optimizer (FOF) Reg
Franklin Life Stage FoF 50s Plus FR Reg PGIM India Short Maturity Reg
Funds suspended for sale have been excluded.

DEBT DIRECT (82/234)
HYBRID: CONSERVATIVE HYBRID SBI Magnum Medium Duration Dir IDFC Dynamic Bond Dir
Baroda Conservative Hybrid Dir Kotak Dynamic Bond Dir
DEBT: SHORT DURATION
BNP Paribas Cons Hybrid Dir L&T Flexi Bond Dir
Axis Short Term Dir
Canara Robeco Cons Hybrid Dir Mirae Asset Dynamic Bond Dir
HDFC Short Term Debt Dir
Essel Regular Savings Dir PGIM India Dynamic Bond Dir
ICICI Pru Short Term Dir
Franklin Life Stage FoF 50s Plus FR Dir SBI Dynamic Bond Dir
IDFC All Seasons Bond Dir
HDFC Retrmnt Svngs Hybrid Debt Dir
IDFC Bond Short Term Dir DEBT: CORPORATE BOND
ICICI Pru Regular Savings Dir
Kotak Bond Short-term Dir ABSL Corporate Bond Dir
IDFC Asset Allocation Cons Dir
L&T Short Term Bond Dir DSP Corporate Bond Dir
Indiabulls Savings Income Dir
Mirae Asset Short Term Dir HDFC Corporate Bond Dir
Kotak Asset Allocator Dir
SBI Short Term Debt Dir ICICI Pru Corporate Bond Dir
Kotak Debt Hybrid Dir
Kotak Corporate Bond Dir
DEBT: LOW DURATION
LIC MF Debt Hybrid Dir
UTI Corporate Bond Dir
ABSL Low Duration Dir
SBI Magnum Children’s Benefit Dir
Axis Treasury Advantage Dir DEBT: CREDIT RISK
Tata Retrmnt Savings Cons Dir
ICICI Pru Savings Dir Axis Credit Risk Dir
HYBRID: EQUITY SAVINGS
IDFC Low Duration Dir HDFC Credit Risk Debt Dir
Axis Equity Saver Dir
Invesco India Treasury Advtg Dir ICICI Pru Credit Risk Dir
Edelweiss Equity Savings Dir
Kotak Low Duration Dir IDFC Credit Risk Dir
ICICI Pru Equity Savings Dir
Mahindra Manulife Low Duration Fund Dir Kotak Credit Risk Dir
Kotak Equity Savings Dir
SBI Magnum Low Duration Dir Mahindra Manulife Credit Risk Fund Dir
Principal Equity Savings Dir
SBI Credit Risk Dir
DEBT: MEDIUM TO LONG DURATION DEBT: ULTRA SHORT TERM
Canara Robeco Income Dir ABSL Savings Dir DEBT: BANKING AND PSU
ICICI Pru Bond Dir Axis Ultra Short Term Dir Axis Banking & PSU Debt Dir
ICICI Pru Debt Management (FOF) Dir ICICI Pru Ultra Short Term Dir IDFC Banking & PSU Debt Dir
IDFC Bond Income Dir IDFC Ultra Short Term Dir Kotak Banking & PSU Debt Dir
Nippon India Income Dir Indiabulls Ultra Short Term Dir LIC MF Banking & PSU Debt Dir
SBI Magnum Income Dir Kotak Savings Dir Nippon India Banking & PSU Debt Dir
PGIM India Ultra ST Dir
DEBT: MEDIUM DURATION
SBI Magnum Ultra Short Duration Dir
Axis Strategic Bond Dir
HDFC Medium Term Debt Dir DEBT: DYNAMIC BOND
ICICI Pru Medium Term Bond Dir Axis Dynamic Bond Dir
IDFC Bond Medium Term Dir Edelweiss Dynamic Bond Dir
Indiabulls Income Dir ICICI Pru All Seasons Bond 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 (75/227)
HYBRID: AGGRESSIVE HYBRID UTI Nifty Index Reg L&T Midcap Reg
BNP Paribas Substantial Eqt Hybrid Reg Taurus Discovery (Midcap) Reg
EQUITY: LARGE & MIDCAP
Canara Robeco Eqt Hybrid Reg
Canara Robeco Emerging Equities Reg EQUITY: SMALL CAP
DSP Equity & Bond Reg
DSP Equity Opp Reg Axis Small Cap Reg
HDFC Children’s Gift Reg
Invesco India Growth Opp Reg Nippon India Small Cap Reg
HDFC Retrmnt Svngs Hybrid Eqt Reg
Kotak Equity Opportunities Reg SBI Small Cap Reg
Mirae Asset Hybrid Equity Reg
LIC MF Large & Midcap Reg
EQUITY: VALUE ORIENTED
Principal Hybrid Equity Reg
Mirae Asset Emerging Bluechip Reg
Invesco India Contra Reg
SBI Equity Hybrid Reg
Principal Emerging Bluechip Reg
Kotak India EQ Contra Reg
Sundaram Equity Hybrid Reg
Sundaram Large & Midcap Reg
Tata Equity PE Reg
Tata Retrmnt Svngs Moderate Reg
EQUITY: MULTI CAP UTI Value Opportunities Reg
EQUITY: LARGE CAP Axis Focused 25 Reg
EQUITY: ELSS
Axis Bluechip Reg
Canara Robeco Eqt Diversified Reg
ABSL Tax Relief 96 Reg
BNP Paribas Large Cap Reg
DSP Equity Reg
Axis Long Term Equity Reg
Canara Robeco Bluechip Eqt Reg
IIFL Focused Equity Reg BOI AXA Tax Advantage Reg
Edelweiss Large Cap Reg
JM Multicap Reg Canara Robeco Eqt Tax Saver Reg
HDFC Index Nifty 50 Reg
Kotak Standard Multicap Reg DSP Tax Saver Reg
HDFC Index Sensex Reg
Parag Parikh Long Term Equity Reg Invesco India Tax Reg
HSBC Large Cap Eqt Reg
Principal Focused Multicap Reg JM Tax Gain Reg
ICICI Pru Bluechip Reg
Quant Active Reg Mirae Asset Tax Saver Reg
ICICI Pru Nifty Next 50 Index Reg
SBI Focused Equity Reg Motilal Oswal Long Term Eqt Reg
IDFC Large Cap Reg
SBI Magnum MultiCap Reg Quant Tax Reg
IDFC Nifty Reg
Tata Retrmnt Svngs Progressive Reg Tata India Tax Savings Reg
Invesco India Large Cap Reg UTI Equity Reg Taurus Tax Shield Reg
LIC MF Index Sensex Reg
EQUITY: MID CAP
Mirae Asset Large Cap Reg
Axis Midcap Reg
Motilal Oswal Focused 25 Reg
DSP Midcap Reg
Nippon India Index Sensex Reg
Invesco India Midcap Reg
Sundaram Select Focus Reg
Kotak Emerging Equity Reg
Tata Index Sensex Reg
Edelweiss Multi Cap Reg IDBI Nifty Junior Index Reg JM Core 11 Reg
ICICI Pru Equity & Debt Reg Indiabulls Bluechip Reg

EQUITY DIRECT (73/227)
HYBRID: AGGRESSIVE HYBRID Invesco India Growth Opp Dir EQUITY: SMALL CAP
BNP Paribas Substantial Eqt Hybrid Dir Kotak Equity Opportunities Dir Axis Small Cap Dir
Canara Robeco Eqt Hybrid Dir LIC MF Large & Midcap Dir Kotak Small Cap Dir
DSP Equity & Bond Dir Mirae Asset Emerging Bluechip Dir Nippon India Small Cap Dir
HDFC Children’s Gift Dir Principal Emerging Bluechip Dir SBI Small Cap Dir
HDFC Retrmnt Svngs Hybrid Eqt Dir Sundaram Large & Midcap Dir
EQUITY: VALUE ORIENTED
Mirae Asset Hybrid Equity Dir Invesco India Contra Dir
EQUITY: MULTI CAP
Principal Hybrid Equity Dir Kotak India EQ Contra Dir
Axis Focused 25 Dir
SBI Equity Hybrid Dir Tata Equity PE Dir
Canara Robeco Eqt Diversified Dir
Sundaram Equity Hybrid Dir UTI Value Opportunities Dir
DSP Equity Dir
Tata Retrmnt Svngs Moderate Dir
Edelweiss Multi Cap Dir
EQUITY: ELSS
EQUITY: LARGE CAP IIFL Focused Equity Dir ABSL Tax Relief 96 Dir
Axis Bluechip Dir JM Multicap Dir Axis Long Term Equity Dir
BNP Paribas Large Cap Dir Kotak Standard Multicap Dir BOI AXA Tax Advantage Dir
Canara Robeco Bluechip Eqt Dir Mahindra Manulife Multi Cap Badhat Yojana Canara Robeco Eqt Tax Saver Dir
Edelweiss Large Cap Dir Parag Parikh Long Term Equity Dir DSP Tax Saver Dir
HDFC Index Sensex Dir PGIM India Diversified Eqt Dir Invesco India Tax Dir
HSBC Large Cap Eqt Dir Principal Focused Multicap Dir JM Tax Gain Dir
ICICI Pru Bluechip Dir Quant Active Dir Mirae Asset Tax Saver Dir
IDFC Large Cap Dir SBI Focused Equity Dir Motilal Oswal Long Term Eqt Dir
Indiabulls Bluechip Dir SBI Magnum MultiCap Dir Quant Tax Dir
Invesco India Large Cap Dir Tata Retrmnt Svngs Progressive Dir Tata India Tax Savings Dir
Kotak Bluechip Dir UTI Equity Dir Taurus Tax Shield Dir
Mirae Asset Large Cap Dir
EQUITY: MID CAP
Motilal Oswal Focused 25 Dir
Axis Midcap Dir
Nippon India Index Sensex Dir
DSP Midcap Dir
Sundaram Select Focus Dir
Invesco India Midcap Dir
Tata Index Sensex Dir
Kotak Emerging Equity Dir
EQUITY: LARGE & MIDCAP L&T Midcap Dir
Canara Robeco Emerging Equities Dir Taurus Discovery (Midcap) Dir
HDFC Small Cap Dir JM Core 11 Dir
ICICI Pru Equity & Debt Dir
mutual fund ratings are revised every month. The above ratings are as on July 31, 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”

/2: +,*+
To know more, please contact your Financial Adviser or visit www.canararobeco.com

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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

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• Long Term wealth creation

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Editorial 24 Cover Story

Editor Dhirendra Kumar

4 Mutual Fund Insight September 2020

10 Fund Reporter 48 The Plan

16 Inside Funds 50 Ask Value Research

34 Category Watch 87 Top-Rated Funds

6 Mutual Fund Insight September 2020

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The power of simple ideas

well and are deservedly popular. our team conducted on the

S IP is a very simple idea.

Mutual Fund Insight September 2020 9

10 Mutual Fund Insight September 2020

12 Mutual Fund Insight September 2020

Capital appreciation over long term

The Franklin saga

14 Mutual Fund Insight September 2020

Mutual Fund Insight September 2020 15

Wipro 2,598 113 7.6

Frankly, it’s worrying

16 Mutual Fund Insight September 2020

Cutting the risk

Mutual Fund Insight September 2020 17

‘The market may be running

18 Mutual Fund Insight September 2020

Mutual Fund Insight September 2020 19

20 Mutual Fund Insight September 2020

SIPs for young earners

Mutual Fund Insight September 2020 21

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Mutual Fund Insight September 2020 25

26 Mutual Fund Insight September 2020

Contact your mutual fund distributor or

SMS “UTIAF” to 5676756 Scan QR code

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28 Mutual Fund Insight September 2020

All you need

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Aakar Rastogi have launched it yet, perhaps looking at the rising

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Mutual Fund Insight September 2020 31

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32 Mutual Fund Insight September 2020

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The classic equity funds

only category that can invest during market crashes. 2.4

34 Mutual Fund Insight September 2020

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