Professional Documents
Culture Documents
SCAN TO
INVEST
A. HDFC TOP 100 Fund - SIP Performance^ - Regular Plan - Growth Option
Since Inception* 15 year SIP 10 year SIP 5 year SIP 3 year SIP 1 year SIP
Total Amount Invested@ (` in lacs) 32.80 18.00 12.00 6.00 3.60 1.20
Market Value as on January 31, 2024 (` in lacs)$$ 786.64 59.61 26.94 10.31 5.05 1.46
Returns& (%)$$ 18.90 14.61 15.44 21.78 23.17 41.75
Benchmark Returns (%)# N.A. 14.08 14.76 18.45 16.93 33.95
Additional Benchmark Returns (%)## 14.67 13.87 14.69 17.55 15.44 25.27
@
Assuming ` 10,000 invested systematically on the first Business Day of every month since October 11, 1996 (Scheme Inception Date). &CAGR returns are computed after accounting
for the cash flow by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. The above investment simulation is for illustrative purposes only
and should not be construed as a promise on minimum returns and safeguard of capital. SIP - Systematic Investment Plan. HDFC AMC/HDFC MF is not guaranteeing or assuring
any returns on investments in the Scheme.
B. HDFC Top 100 Fund - Performance^ - Regular Plan - Growth Option NAV as at January 31, 2024 ` 994.989 (per unit)
Period Scheme Returns Scheme Benchmark Additional Benchmark Value of investment of (`) 10,000
(%)$$ Returns (%)# Returns (%)##
Scheme (`)$$ Benchmark (`)# Additional Benchmark (`)##
Last 1 Year 33.91 26.56 22.10 13,391 12,656 12,210
Last 3 Years 23.37 18.36 17.11 18,799 16,595 16,076
Last 5 Years 16.37 16.23 16.00 21,349 21,224 21,008
Since Inception* 19.20 N.A. 13.87 12,13,198 N.A. 3,47,691
Common notes for the above table A & B: Past performance may or may not be sustained in future and is not a guarantee of any future returns. *Inception Date: October
11, 1996. The scheme is managed by Mr. Rahul Baijal since July 29, 2022. # NIFTY 100 (Total Returns Index). ## S&P BSE SENSEX (Total Returns Index). $$ All Distributions
declared prior to the splitting of the Scheme into IDCW & Growth Options are assumed to be reinvested in the units of the Scheme at the then prevailing NAV (ex-
distribution NAV). N.A. Not Available. ^Above returns are as on January 31, 2024.
C. Performance of Other Funds Managed by Mr. Rahul Baijal, Fund Manager of HDFC Top 100
Fund (who manages total 3 schemes of which 2 schemes have completed one year) Returns (%) as on January 31, 2024
Scheme Managing Scheme since Last 1 year (%) Last 3 years (%) Last 5 years (%)
HDFC Business Cycle Fund November 30, 2022 33.66 N.A. N.A.
Benchmark - NIFTY 500 (Total Returns Index) 33.81 N.A. N.A.
Past performance may or may not be sustained in future and is not a guarantee of any future returns. Returns greater than 1 year period are Compounded Annualised
(CAGR). Load is not taken into consideration for computation of above performance(s). Different plans viz. Regular Plan and Direct Plan have different expense structure.
The expenses of the Direct Plan under the scheme will be lower to the extent of the distribution expenses/commission charged in the Regular Plan. The above returns are
of Regular Plan - Growth Option. Returns as on January 31, 2024. N.A. Not Available.
HDFC TOP 100 FUND (An open ended equity scheme predominantly investing in large cap stocks) is suitable for investors who are seeking~:
z To generate long-term capital appreciation / income z Investment predominantly in Large-Cap companies
~Investors should consult their financial advisers, if in doubt about whether the product is suitable for them.
Name and Riskometer of Name of Riskometer^^ of the Scheme Name and Riskometer of Name of Riskometer^^ of the Scheme
Benchmark scheme Benchmark scheme
NIFTY 100 (Total Returns Index) Modera NIFTY 500 (Total Returns Index) Modera
oderate High tely oderate High tely
o M o M
Modera w t erate Hi
Modera w t erate Hi
oderate High tely oderate High tely
Mo Lo
Mo Lo
gh
gh
d
o M
d
w t erate o M HDFC
Hi HDFC Top w t erate Hi
Mo Lo
Business
Very
Mo Lo
Very
gh
gh
High
Low
High
Low
d
100 Fund
d
Cycle Fund
Very
Very
High
Low
RISKOMETER
High
Low
RISKOMETER
Investors understand that their principal will be at Investors understand that their principal will be at
RISKOMETER very high risk RISKOMETER very high risk
Benchmark and Scheme Riskometer as on January 31, 2024.
^^For latest riskometer, investors may refer to the Monthly Portfolios disclosed on the website of the Fund viz. www.hdfcfund.com
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
Subscription copy of [charak1987@gmail.com]. Redistribution prohibited.
Questions that every
smart investor should ask
I I
know don't
Have my returns beaten inflation,
1 Bank FD & the Sensex?
Aim to navigate
business cycles
with ease.
Invest in
ICICI Prudential
Business Cycle Fund
• An equity scheme that invests in Indian markets with focus on riding business
cycles through dynamic allocation between various sectors and stocks at
different stages of business cycles.
̴UŨǍğơƭųƙơ͘ơŀųƵŝė͘ĐųŨơƵŝƭ͘ƭŀğņƙ͘ǦŨñŨĐņñŝ͘ñėǍņơğƙơ͘ņķ͘ņŨ͘ėųƵĎƭ͘ñĎųƵƭ͘ǎŀğƭŀğƙ͘ƭŀğ͘ Investors understand that their
product is suitable for them. principal will be at Very High risk
»ŀğ͘¦ņơř̿ų̿Ŧğƭğƙ̹ơ̺͘ơƖğĐņǦğė͘ñĎųǍğ͘ǎņŝŝ͘Ďğ͘ğǍñŝƵñƭğė͘ñŨė͘ƵƖėñƭğė͘ųŨ͘ñ͘ŦųŨƭŀŝǔ͘Ďñơņơ̩
Please refer www.icicipruamc.com/news-and-updates/all-news for more details on scheme riskometers.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Subscription copy of [charak1987@gmail.com]. Redistribution prohibited.
Subscription copy of [charak1987@gmail.com]. Redistribution prohibited.
CONTENTS
MARCH 2024
Volume XXI, Number 6
EDITORIAL
31 COVER STORY
PRINCIPLES
Small-cap
Value Research is an independent
investment research company. Our
goal is to serve our readers with data,
information and knowledge that inform
them about savings and investments
and help them learn how to make
better choices.
The basis of our work is the trust
reposed in us by our readers. We are
funds
independent, fair and honest. We are
committed to achieving the highest
Are they headed for a
level of accuracy and impartiality in
everything that we publish.
six or a run-out?
We recognise that the nature of our
work is such that it influences
decisions that affect our readers’
future. 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-IN-CHIEF
Dhirendra Kumar
E-MAIL: editor@valueresearch.in
© 2024 Value Research India Pvt. Ltd. Mutual Fund Insight is owned by Value Research India Pvt. Ltd., 5, Commercial Complex, Chitra Vihar, Delhi 110092.
Editor: Dhirendra Kumar. Printed and published by Dhirendra Kumar on behalf of Value Research India Pvt. Ltd. Published at 5, Commercial Complex, Chitra Vihar, Delhi 110 092. Printed at Option Printofast, 46, Patparganj Industrial Area, Delhi -92.
Registered with the Registrar of Newspapers for India, Registration Number DELENG/2003/11417
48 INVESTORS’ JOURNEYS
Going for broke
10 VALUE RESEARCH PREMIUM
Shyamali Basu
Everything about everything
When you start investing, your needs are simple, but a
growing portfolio needs a capable tool
38 CATEGORY WATCH
ELSS funds: Losing appeal but not utility 98 TOP-RATED FUNDS
Funds that are at the top of the
Though last year’s budget diminished its value,
ELSS still remains the best tax-saving option for those Value Research food chain
under the old tax regime
',6&/$,0(5
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
responsibility or liability, express or implied, whatsoever for any investment decisions made or taken by the readers of this Magazine based on its contents thereof. You are strongly advised to verify the
contents before taking any investment or other decision based on the contents of this Magazine. The Magazine is meant for general reading purposes only and is not meant to serve as a professional guide
for investors. The readers of this Magazine should exercise due caution and/or seek independent professional advice before entering into any commercial or business relationship or making any investment
decision or entering into any financial obligation based on any information, statement or opinion which is contained, provided or expressed in this Magazine.
The Magazine contains information, statements, opinions, statistics and materials that have been obtained from sources believed to be reliable and the publishers of the Magazine have made best
efforts to avoid any errors and omissions, however the publishers of this Magazine make no guarantees and warranties whatsoever, express or implied, regarding the timeliness, completeness, accuracy,
adequacy, fullness, functionality and/or reliability of the information, statistics, statements, opinions and materials contained and/or expressed in this Magazine or of the results obtained, direct or
consequential, from the use of such information, statistics, statements, opinions and materials. The publishers of this Magazine do not certify and/or endorse any opinions contained, provided, published or
expressed in this Magazine.
Reproduction of this publication in any form or by any means whatsoever without prior written permission of the publishers of this Magazine is strictly prohibited. All disputes shall be subject to the
jurisdiction of Delhi courts only. ALL RIGHTS RESERVED
Be a real investor
I’m emphasising that if the goal quite a challenge for fund managers.
is to replicate the experience of This challenge is then inherited
owning a business and witnessing by investors – in the form of a wider
its growth, one must consider variation in fund performance and
investing in small-cap stocks. By by us, who are here to serve you
doing so, you can experience their with analysis and guidance!
evolution into mid-cap and I firmly believe in the role
ultimately, large-cap businesses, played by each investor’s mindset
thus, truly immersing yourself in in whether and how much money
the essence of equity investing. they make. With small caps, that
O
ver the years, I’ve always That’s what a real business owner role is magnified simply because of
tried to remind my does. Business ownership is all the volatility.
readers to pay attention about the gains (and the While small-cap investing has
to two basic facts about satisfaction) from starting a small provided substantial returns
investing. Equity investing business and then watching it recently, realising these returns over
(including equity mutual funds) is grow into something big and the long run requires stomaching
like owning a business, and fixed- substantial. And if you think that inherent volatility. When
income investing is like lending to a sounds a bit emotional and over- performance is strong, confidence
company. These are basic, self- the-top, that’s because I speak as runs high and market risks can
evident ideas, but how often we an investment advisor and seem trivial – equity investing may
lose sight of them is surprising. magazine editor and as someone appear simple, and volatility
Understanding these who started and grew a business. warnings seem overblown.
fundamental principles can Small-cap stocks and mutual However, markets fluctuate, risk
significantly impact your attitude funds that focus on them have tolerances rightly shift when
toward your investments. When you recently made great gains for declines hit and portfolio values
invest in equities, you become a investors. As you will read in our drop daily. Investors must ground
part-owner of the companies you cover story of this issue, ‘Small-cap themselves in realistic volatility
invest in, which means your returns funds’, investors have allocated expectations rather than
are tied to their success or failure. increasing amounts of money into extrapolating recent returns to stay
However, most of the time, it does funds focused on smaller invested in small caps and capture
not feel like that because you are companies. These investors have their long-term potential.
just buying and selling shares. been rewarded with strong returns Embracing volatility is easier
Let me take this concept a little from small-cap funds. said than done, so maintaining
further. Only small-cap investing is However, this enormous money perspective around the
real equity investing. Of course, my flow has also changed the small-cap fundamentals of this segment’s risk-
saying that only small-cap investing investing landscape. For one, small return profile is key. It helps
constitutes real stock investing may caps are small, meaning each stock investors stick to small-cap
be provocative, intended more to can only absorb a small amount of allocations when downward spells
captivate attention than convey an investment compared to larger inevitably emerge.
absolute truth. While I typically companies. This has stretched fund Being a real investor isn’t easy,
avoid making such bold statements, managers and led to a broader but the rewards are enormous, and
I hold this belief true. I’m not variation in fund performance and, we are here to help you.
suggesting that purchasing stocks most importantly, risks. It is
like Infosys or HDFC Bank isn’t a inevitable as the underlying stocks
form of equity investing because it have a much wider quality variation Dhirendra Kumar
certainly is. than larger ones. All this adds up to Editor-in-chief
W
trivial, and to keep track of current values, you need to
hen you have just started investing bring in the latest NAVs of all funds on a continuous
in mutual funds for a few years, basis as well. Sooner or later, the spreadsheet becomes
you probably have a very simple outdated and thus, unreliable or even misleading.
portfolio. I know I did. Two or And in any case, even if you stay up to date till a point,
three funds, one of them the this is only accounting data. There is no qualitative
obligatory ELSS tax saver, a couple of SIPs – that is element to it. You don’t know anything about sectoral or
about it for most of us initially. There’s no ‘analysis’ industry or size exposure. If you want to redeem some
needed for such a portfolio. You can just look at the funds, it’s hard to get a handle on potential tax liability.
statements you get occasionally, and all the information Most importantly, you don’t know anything about
is right there. Whatever you need to calculate just takes fund quality. The bland, stripped-down data set you
30 seconds of simple mental arithmetic. get from the official account statements has only
However, as time goes by and your portfolio grows, transaction data – just NAVs, dates and the number of
things can get more complicated. You may add more units. There’s very little qualitative information you
funds from different fund houses to diversify or target can derive from that, no matter how much of an Excel
specific types of funds. The number of transactions wizard you are.
increases as you deploy more money or just stop On top of that, this is just the analysis and
and start SIPs. Perhaps you redeem parts of some management of what you have invested in.
investments because you need the money. Some SIPs What about choosing fresh investments? What about
get enhanced. All this happens naturally over five to setting financial goals for your family’s future and
six years, even if you try to keep things simple. selecting mutual funds that can fulfil those goals?
Keeping a track of performance, returns, asset As life goes on and your financial affairs become
allocation and other parameters has become difficult. more complex, the time for simplicity is long past.
Mental arithmetic will not suffice, and if you try to If you rely on the simple habits of the past and just
eyeball the numbers, you could reach conclusions that glance at some account statements, you might end up
are completely wrong. missing your life goals despite investing enough!
Those adept at Excel or similar tools try to use those, As business guru Peter Drucker famously said long
but they’re not effective for long. For one, the work ago, “What you cannot measure, you cannot manage.”
So how are you going to manage all this? What’s the
solution? How are you going to do all this?
This is where Value Research comes in, especially
As your portfolio grows, things can get our premium membership. We have created a single
complicated. You may add more funds, integrated service that can take care of ALL the
investment analysis and activities that I have listed
the number of transactions increases or above and much more. And not just for mutual funds
you redeem parts of your investments. but also stocks, NPS and fixed-income investments.
T
circles) zoomed on account of investors’ money,
he initial three years for a mutual fund or primarily due to AMCs launching funds in the
fund category are seen as foundational. newly-formed category.
This is the critical time for These numbers throw shade on their rivals –
experimentation and self-discovery, for flexi-cap funds. This is despite multi-cap funds being
them to put their investment strategy to test, and required to invest at least 25 per cent each in large-,
for them to face a baptism by fire. Hence, it would mid- and small-cap stocks, whereas flexi-cap funds are
be unfair for us to judge them during this period. relatively laissez-faire in nature. They can invest
Only after this phase do we at Value Research wherever they want with no investment limits.
rigorously assess their investment case. But despite their freedom to invest anywhere,
Recently, multi-cap funds crossed their three- flexi-cap funds’ popularity have paled in comparison to
year Rubicon with aplomb. During this time, they multi-cap funds since 2021. Unlike the latter’s meteoric
have seen their assets grow over 500 per cent, from rise, flexi-cap funds only doubled from `2.08 lakh crore
`18,046 crore in December 2020 to `1.11 lakh crore to `4.51 lakh crore in a similar period, with just
in December 2023. The total assets swelled on 34 per cent of the total assets increasing on account of
account of high returns and increased investor investors' money.
participation. In fact, 60 per cent of the total assets However, these are just the headline numbers.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Subscription copy of [charak1987@gmail.com]. Redistribution prohibited.
FUND RADAR
Let's also look at other metrics to evaluate the large-cap bias, meaning they err on the side of caution.
fitness of multi-cap funds. They have roughly 70 per cent of investors’ money in large
caps. While they can change it as they please, most of the
Performance large flexi-cap funds are large-cap heavy. Their sheer size
Multi-cap funds scored a clean sweep over flexi-cap makes it challenging to have a higher allocation towards
funds, delivering higher returns in the last three mid- and small-cap companies. On the other hand, multi-
calendar years. cap funds have a far more aggressive allocation across
One can argue that multi-caps' performance looks market cap segments over the last three years.
impressive at the moment because they are required to The portfolio construct also suggests that multi-cap
hold at least 50 per cent of their money in the rapidly funds are more diversified across stocks, with an
rising small- and mid-cap stocks. But the same argument average holding of 72 stocks and the top 10 stocks
sheds a poor light on flexi-cap funds, as no such making up just 27 per cent of the portfolio. Flexi-cap
limitations bind them. As such, flexi-cap funds could funds, in comparison, hold 47 stocks, with its top 10
have outperformed the multi-caps by deploying more holdings making up nearly half of the portfolio.
money in small- and mid-cap companies. But that didn't
happen in reality. The next section explains why. Consistency
The surge in mid- and small-cap stocks has bolstered
Portfolio multi-cap funds’ returns in the last three years. As a result,
Despite flexi-cap funds’ flexibility, they have a pronounced they have outperformed flexi-cap funds 99 per cent of the
time based on one-year daily rolling returns since
Aggressive multi-cap funds their inception.
That said, they are yet to be tested over the long term.
They have a 57 per cent allocation in mid- and small-caps, while
flexi-cap funds have just 29 per cent exposure By long-term, we mean over five years. Multi-cap funds'
higher exposure to small- and mid-cap companies can
Large (%) Mid (%) Small (%)
make them more prone to deep market corrections, but we
have yet to witness this phase as the riskier assets have
Flexi-cap either gone up or simply moved sideways since 2021.
71 18 11
funds
I
z The fund should hold stocks for five consecutive years
t is a well-known fact that Warren for it to be considered as a long-te
long-term holding.
Buffett's favourite holding period is z Long-term holdings on an average
avera constituted
forever, with some of his equity at least 50 per cent of the portfolio
port over the
investments spanning
ning decades. last 15 years.
The same cannot ot be said for z The fund should have be beaten its benchmark
Indian mutual funds, though.
ough. at least 90 per cent of
As simple as it sounds,s, only a daily rolling returns
the time on a 10-year dai
handful of mutual funds have made years as of December 31,
basis in the last five year
good in following the Oracle
acle of 2023. The average outp
outperformance should
Omaha's teachings. be greater th
than 1 per cent.
Given the difficulty inn following Upon applying
through with his tenet, we decided to the above criteria, only
identify mutual funds thathat 15 out of 146 funds
have, in many ways, made the cut, as
m
managed to master the art rt sshown in the table
of ‘buy-and-hold’. bbelow.
Executed to perfection
Long-term holdings account for most of the outperformance for these funds
Average outperformance
Fund name Number of long-term stocks Average allocation of long-term holdings (%) by the fund (%)
Note: Average outperformance by a fund is based on daily 10-year rolling returns over the last five years as of December 31, 2023.
T
he investing world can AUM*
often be at odds with Index Parent index Launch date Base date (` crore)
the real one. Nifty 100 Quality 30 Index Nifty 100 Mar 19, 2015 Oct 1, 2009 109
For instance, being Nifty Midcap 150 Quality 50 Index Nifty Midcap 150 Oct 24, 2019 Apr 1, 2005 252
inactive or lazy with investing can
Nifty 200 Quality 30 Nifty 200 Apr 17, 2018 Apr 1, 2005 30
help you make big gains, which
Note: The base date is the starting point for the index values (backtested values) and serves as the reference date for
seems counterintuitive to measuring the index's performance.
everyday logic. *AUM of index funds and ETFs benchmarked against the said indices as of December 31, 2023.
Celebrating bad news is
another example. Usually, a they outperformed their parent market downturns.
negative piece of news is rarely a indices 74 to 82 per cent of the We tested this by comparing the
cause for celebration. But in time based on three-year rolling returns of the quality indices
finance, bad news can drag stock returns on a daily basis. (This with their benchmarks in
prices, presenting buying performance was based on the falling markets.
opportunities to investors. backtested data. Backtesting uses The outcome was rather
The same can be said of quality historical data to determine disappointing. Quality indices fell
indices that have cropped up in how an investment strategy as much as their parent indices.
recent years. In the real world, has performed.) The only exception was the
quality always emerges on top, But when these indices came Nifty 200 Quality 30 index,
but it’s not always true in into existence, their performance which fell 29 per cent compared
investing. Although quality nosedived. Post their launch, these to a 38 per cent slump by its
indices in India pick stocks based indices trailed their parent index benchmark (Nifty 200) during the
on robust parameters such as ROE 76 to 100 per cent of the time. In COVID-19 crash.
(return on equity), debt-to-equity other words, when investors had
ratio, EPS (earnings per share) the chance to finally invest in Our take
and earnings growth trajectory these indices through index funds We suggest waiting for at least
based on the last five years, this and ETFs (exchange-traded three years before checking the
may not always be a winning funds), they earned less-than- fitness of a fund. The data testing
strategy. Let's see how. satisfactory returns at least three- of quality indices proves just that.
fourths of the time. Furthermore, While they were flying earlier,
Selecting quality indices quality stocks are said to their post-launch performance has
Only three quality indices made experience lower declines during flattered to deceive.
the cut based on the below criteria:
Q Indices that are at least three
Performance comparison: Pre- and post-launch
years old
Winner: Before launch Winner: After launch
Q Indices that consider the
Index (three-year returns) (three-year returns)
quality score of stocks as the
Nifty 100 Quality Nifty 100 Quality 30: Outperforms Nifty 100: Outperforms
sole parameter
30 vs Nifty 100 74 per cent of the time 79 per cent of the time
Nifty 200 Quality Nifty 200 Quality 30: Outperforms Nifty 200: Outperforms
Performance comparison:
30 vs Nifty 200 80 per cent of the time 76 per cent of the times
Before and after launch
Before these indices were Nifty Midcap150 Quality Nifty Midcap150 Quality 50: Nifty Midcap 150: Outperforms
50 vs Nifty Midcap 150 Outperforms 82 per cent of the time 100 per cent of the time
officially launched in the market,
A
mit Nigam started his investment be corrected by extending the holding period.
management career in 2001, working as an Thus, it can be summarised that one needs to
analyst. He joined Invesco in 2018 and choose companies wisely and then hold on to them
currently co-manages many of their mutual for a long time (provided none of the above
funds, including Invesco India ELSS Tax Saver Fund, highlighted three principal mistakes emerge during
which is on our ‘Analyst’s Choice’ list. the period of ownership).
Recently, we spoke to him to understand how he
drove the performance of this fund in 2023 and his After a rare performance blip in 2022, Invesco India
rationale for some of the portfolio shifts. ELSS Tax Saver Fund has rebounded sharply in the
Here is the edited transcript of the interview. last couple of quarters. How?
This phenomenon of loss in performance during 2022
You have worked across multiple fund houses and and subsequent recovery can be understood as follows:
been associated with Invesco for 5-6 years. Invesco India ELSS Tax Saver Fund has always been
Please tell us about your key learnings. managed in the growth style with an overlay of quality
Reflecting on my career, there have been several (usually measured in terms of ROE earned). 2022 was
significant learnings. The process of investing requires a year when the stock prices of most PSUs staged a
not only “what to do” but also “what not to do”. very strong performance and were a key reason for
As for the latter, I have realised that there the underperformance.
are three principal mistakes which We did course-correct our strategy as we
investors should avoid: observed turnaround in the business
z Choosing the wrong business environment for quite a few PSU
z Choosing the right business but entities – which resulted in an
making a poor choice of the people improvement in their ROEs. This
running the business. They may lack change led us to enhance our asset
the focus and ambition to drive it allocation to include some of the
aggressively, or they are simply not ‘public sector enterprises’. We
“hungry” for growth. identified three sectors for
z Investing in businesses where the our portfolio.
management or promoters are not z Banking companies: We allocated
minority-shareholder friendly. assets towards state-owned banks,
There is one more mistake that I would especially those banks where the
like to touch upon – paying excessive undervaluation still
valuations for a good business prevailed despite
– as the same may lead the improvement
to short-term in ROEs.
disappointment z Defence
or very delayed companies: Our
gratification. allocation was
This mistake premised on
can, however, the rapid
Sapno ka Safar
#
,QYHVWPHQWLQ(/66SURYLGHVGHGXFWLRQRIXSWR5V7KHUHLVQRXSSHUOLPLWRQLQYHVWPHQWV,QYHVWPHQWVXSWR5VSHU\HDUFDQEHFODLPHGDV
GHGXFWLRQXV&RIWKH,QFRPH7D[$FW'HGXFWLRQVFDQEHDYDLOHGE\LQYHVWRUVRSWLQJIRUROGWD[UHJLPH&RQVXOW\RXUWD[DGYLVRUIRUPRUHGHWDLOV
ʄijýIJæĕ ĎŃĄ ĮċęĸĚ ďĭĢĭē ÿļİùđ øĸ æĊıċ Ğœ , Ēļÿċĭ ĝŃďŃĊı ĝĐı ĉˑĭęĸĢļŃ øļ ĝĭęĊĭċı ĝĸ čĤŐ ͡
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
Subscription copy of [charak1987@gmail.com]. Redistribution prohibited.
QUICK CHAT
increase in the order books post the 2022 Union budget. and we felt the need to go wider. The expected
z Utilities: After a long period of time, we saw a strong normalisation of supply and demand post-Covid was
surge in power demand. Also, the government started disrupted by the Russia-Ukraine war, which prompted
making announcements about adding more power one of the steepest hikes in interest rates globally.
generation capacity – even conventional energy. In There was a significant shift from a decade-long
such an environment, stocks like NTPC or NHPC are downward trend; 10-year rates in the USA went from
no longer treated by the market as value stocks; the almost 0 per cent to almost 5 per cent. And this is why
market starts looking at them as growth stocks. adjustments had to be done to the way the portfolios
The remaining attribution to underperformance and were being run.
subsequent recovery can be understood by the sectoral When growth is anaemic and interest rates are low,
shifts. In early 2022, the portfolio was overweight on investors are happy buying larger companies at high P/E
the consumer discretionary, but we saw signs that (risk-off environment). But when interest rates go up,
consumption would be head-winded in a high people want to take risks (risk-on environment).
inflation period. So, we reduced allocation to Investors increase allocation towards mid- and
consumption sectors and increased our exposure to the small-cap companies at lower P/E. Thus, the market
industrial sector as many companies associated with width increases.
government orders had already started reporting good If one were to understand this behaviour through
revenue growth and healthy order books. the economic lens – interest rates go up when growth
is good. Thus, growth is no longer restricted to large-
cap companies – it spills over to mid-sized and smaller
companies. Thus, investors start looking out for
Our fund saw a course- companies in this space – which also tend to be lower
correction in strategy, as in valuation in the early stages of economic recovery.
we observed a turnaround
in a few PSU entities, New-age businesses have recently seen an
uptick/entry into the fund. How do you evaluate
resulting in an improve- these stocks?
ment in their ROEs In any business, the majority of our time goes into
understanding the business model, how the company
is being run, and whether it can generate enough
Additionally, an overall increase in capacity ROCE and free cash flows in the foreseeable time.
utilisation of companies during the year gave a further When valuing new-age companies, we usually put
fillip to the investment argument for industrial in certain growth assumptions and then see the reverse
companies. This increase in the industrial component cost of capital, which the discounted cash flow model
of our portfolio turned out to be one of the key alpha- is factoring in.
generating allocations. If, after considering the best possible growth for the next
Within the financial sector, we reallocated some of 10-20 years, this calculated cost of capital happens to be in
the exposure to banks into certain NBFCs as the latter line with what established players are being discounted at,
would be beneficiaries of inflation peaking out and, then we are not excited as we are not getting a good deal.
hence, interest rates moving down subsequently. But if we get this ‘calculated’ cost of capital better than the
Also, our allocation to mid-caps and small-cap peers, then we are happy looking at it.
stocks, which dragged our performance in 2022, Another challenge with these IPOs is a paucity of
contributed to our performance in 2023. data. We typically have only 2-3 years of data rather
than 10-15 years, so we tend to manage risk, at the
There is a notable rise in the number of stocks held time of initial exposure, by sizing it accordingly in
in the ELSS fund, going beyond more than 50 for the our portfolio. These companies usually don’t start as
first time. Is it in pursuit of being more diversified, our top holdings. We observe the business delivery
or are you seeing new pockets of opportunities? and financial delivery of the company over the next
Until 2021, we never used to go beyond 40 stocks in few quarters. Once we gain confidence, we increase
the portfolio. But then, in 2022, something changed, the allocation.
B
oasting a tenure of around 14 years, Niket
Shah, Fund Manager at Motilal Oswal AMC,
has been a seasoned hand at navigating the
mid-cap space. He manages the majority of the
AMC’s active equity space.
We recently sat down with Shah
to understand the reasons for the mid-cap
fund’s consistent performance and his outlook
for the markets in 2024.
NIKET SHAH
Fund Manager, Motilal Oswal AMC
How do you read the market in the medium term With earnings growth rates in India
amid the expected rate cuts? being much higher, it will do better
I think 2024 is a year where you will see the interest than a lot of the developed and
rate cycle reversing globally. The inflation issues in the
US and India have already diminished significantly.
emerging markets in 2024
When interest rates globally come off, it obviously
would lead to improvement in sentiment and growth
would become the focus area again. In our opinion,
the markets have already discounted that next year, Our view is that while India will give a
there will be a rate cut in the USA and India. The rally 10-12 per cent return in 2024, most of the developed
that we’ve seen right now clearly captures a lot of the markets will give mid to high single-digit returns.
upside of the expected rate-cut environment. If you look at the US, post the last Fed meeting
We believe rate cuts will be extremely positive for (December 2023), the Dow Jones has already rallied
sectors like real estate and NBFCs in general. It will also as the markets factored in the interest rate cuts
increase the consumption in India. The consumer space with a consensus expectation of a 150-175 basis
in India has seen a bit of a slowdown primarily due to points rate cut.
higher inflation. We can see some of that reversing as Favourable election results should give further
we go into early next year. However, in our opinion, the visibility to the corporates in India that the strong
momentum in the reforms is likely to stay here, and flexi-cap fund. Hence, while the mid-cap has also done
the government’s focus on the economy is likely to better, we have seen the mid-cap side of the flexi cap
accelerate once the current government comes back also doing much better.
into power in 2024. So, many of corporate India’s The differentiation lies in the fact that the flexi-cap
private capex is waiting on the fence to get clarity of fund focuses on large-cap for the remaining allocation,
election results. Once clarity comes, we expect a which provides stability to the portfolio in a down cycle
material amount of positivity from the capex side of environment, unlike the mid-cap fund, which may see
the private sector. more volatility amid that kind of an environment.
As per the latest disclosures, your flexi-cap and Your funds’ portfolio turnover is fairly high
mid-cap funds have a high portfolio overlap of compared to your peers. This indicates that a
60 per cent, with fairly similar top holdings. How do strict ‘buy-and-hold’ may not be your style. Would
you differentiate the two strategies from an you agree?
investment management standpoint? Yes, I’d agree.
There are two things I would like to highlight. When I took over the Motilal Oswal Flexi Cap Fund
One, our flexi-cap fund had seen significant in July 2023, we made material changes, and hence,
underperformance in the past because our allocation the churn ratio went up.
in large-cap was much higher, and mid- and small-cap In the case of our mid-cap fund, we saw a churn
allocations were much lower. Since I took over in July rate moving up for two reasons. One is that every six
2023, I’ve kept the mid and small cap at more than months, there’s a reclassification from SEBI. Some
40 per cent of the overall portfolio level while focusing mid-cap companies move to large caps and sometimes
on improving the profit after tax of the portfolio. drop to small caps. Hence, we had to move out of
And we have successfully done that, and you can see a them and get into other stocks to comply with the
high return this year in our flexi-cap fund. regulatory change of investing 65 per cent of the
Two, all of our high conviction bets in the mid-cap AUM in mid-cap. This accounts for a yearly churn of
fund or any other fund have been replicated in the 20-25 per cent.
P
ankaj, 34, works in an IT firm with an annual In-hand salary: `1.08 lakh
income of `16 lakh. At the start of the financial House rent Expenses Surplus
year, he had opted for the new tax regime, but as 30,000 60,000 18,000
it comes to a close, he realises that he has a surplus of `
`
`
` `
little more than `2 lakh in his kitty, which can be used `
bandhanmutual.com
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
Subscription copy of [charak1987@gmail.com]. Redistribution prohibited.
THE PLAN
option but to invest `1.2 lakh in one go. However, Less: Tax exempt employee's contribution 80,000
going forward, he should invest through a systematic to NPS {`50,000 through Section 80CCD(1B) –
investment plan (SIP) from the next financial year. and `30,000 through Section 80C}
z After considering all these, Pankaj’s tax outgo will Less: Health insurance premium (Section 80D) – 18,000
work out to `1.07 lakh, which is `37,000 less than if Less: Additional investment to be made in – 1,20,000
he remains in the new regime ELSS (Section 80C)
Standard deduction 50,000 50,000
ELSS vs PPF Taxable income 14,70,000 9,72,000
Value of `10,000 invested every month over the past 15 years Tax liability (excluding cess) 1,44,000 1,06,900
70 z ELSS z PPF z Total amount invested
60 ELSS `62.31 lakh investments (`1.2 lakh in ELSS) before March 31, 2023
50 z Any excess tax deducted from his salary because of
40 PPF `34.15 lakh the new regime will be refunded to him after filing
30 the income tax return in June-July
20
+VU»[PNUVYL[OLZL
10
z Have a contingency fund in a mix of liquid fund and
0 Total amount invested `18 lakh
sweep-in deposit. This should be equivalent to six
December 2008 December 2023
months of your expenses.
z Having life insurance (term plan) is important if you
*HU7HURHQZOPM[IHJR[V[OLVSKYLNPTLUV^& have financial dependents. As a rule of thumb, it should
z Clearly, the old tax regime works better for be equivalent to at least 10-12 times your annual income.
someone like Pankaj z Health insurance is pivotal for all family members.
z While it may not be possible for the accounts In its absence, any financial plan can go for a toss.
department of Pankaj’s office to move him back to the z Last but not least, do not invest only to save tax. You'll
old regime, he can do so at the time of filing his have to invest to meet other financial obligations, too,
income tax return for the financial year 2023-24 such as funding your child's higher education and
z However, he must make the required tax-saving meeting your post-retirement needs.
Income Up to 7 8 9 10 11 12 13 14 15 15.5 to 50
(in ` lakh)
*Calculations after considering the standard deduction of `50,000
Small-cap
funds
Are they headed for
a six or a run-out?
By Agnisheik Chatterji
and Ashish Menon
T
he exuberance in the Australian
cricket dressing room on the eve
of conquering their Final Frontier
in India is reminiscent of the
current upbeat mood among
small-cap investors.
In 2023 alone, Indian investors pumped
in north of `40,000 crore in active small-cap
funds. And with good reasons, too.
These funds gunned out an impressive
43 per cent returns last year.
But to draw lessons from that iconic
Kolkata Test, don’t count your chickens too
early. The all-conquering Australian team
learnt it the hard way. At the start of the
fourth day, they were romping home to an Kolkata Test to small-cap investing is not to
unprecedented 17th consecutive Test on spook investors. Neither to swear them off
the trot; they had Team India in a small-cap funds. It is just to reinforce that
chokehold; they were on the cusp of we must tread the small-cap universe with
opening a box of cigars to celebrate humility and caution.
capturing their Final Frontier. Until March In 2023 Because ignoring them can be as risky
14, 2001, day four of the Test. alone, Indian as Australian captain Steve Waugh’s
That day, the Aussies’ bubbling belligerent decision to force his tiring
investors
excitement degenerated to a soul-sapping bowlers to take the field a second
pumped
experience in the steaming cauldron of consecutive time in the sauna heat
Eden Gardens, as VVS Laxman and in north of of Kolkata.
Rahul Dravid ground them down to dust `40,000 crore In Waugh’s defence, the same team had
before being memorably spun out by in active steamrolled the same Indian team a few
Harbhajan Singh a day later on the small caps. days back. Not just that, his artillery had
inauspicious Ides of March. Yet, we must bowled out the opposition on 32 straight
This astonishing twist in the tale shows tread them occasions in 18-odd months.
that while other sports have higher with humility The confidence in his bowling quartet –
brutality, nothing can be as unforgiving as comprising Shane Warne and Glenn
and caution.
Test cricket. Though others can hammer McGrath – was at an all-time high. It’s not
your body, Test cricket can take your soul. very dissimilar to small-cap fund investors
Drip by drip. Slow torture. right now. Delivering over 40 per cent-plus
Small-cap investing can be equally returns in just 12 months can turn anyone’s
unforgiving. It can take away your soul – head. But being blinded by the arrogance of
and your money. high returns can lead to miscalculations in
That said, the idea of comparing the the small-cap space.
I
n prosperous times, the lessons of be dissuaded from adding to their existing
humility and caution are often positions. But why some funds are buying
overshadowed by the thrills of success. them is explained in the next point.
But this is when we should take stock of
what’s happening with small-cap funds and Fund managers on a buying spree
ensure we don’t make a Waugh-sized With over `40,000 crore pumped into small-
judgement error. cap funds last year, fund managers had
little choice but to deploy them. And this is
Shifts in Growth, Quality and Value Nearly where the problem starts. Since there is
Let us take this opportunity to flaunt our only a limited pool of good small-cap ideas,
one-third of
recently launched Value Research Stock fund managers have only two options:
Ratings to assess small-cap funds’ portfolios
the money a) keep pumping the fresh inflows into their
based on factors such as Quality, Growth was invested favoured small-cap companies till their
and Valuation. in unrated prices shoot up in value or b) hunt for
The Quality of small-cap fund portfolios companies fresh opportunities.
remains intact. In fact, their investments are last year During our analysis, we noticed that
a touch more in moderately high to high- nearly one-third of the money had gone into
quality businesses from a year before. unrated companies. These are companies
They scored significantly higher on the with less than five years of history since
Growth front, too. listing. It means that fund managers are
Valuation, though, sings a different tune. scrambling for newer opportunities.
Nearly two-thirds of the money is being put But whether this is a sign of desperation or
in companies where valuations are frothy. a window of opportunity is something that
At least frothy enough for fund managers to only time will tell.
Improved Quality and Growth yet poorly valued Growth and quality at any price
Valuations have become a big pain point for small-cap funds 84 per cent of fresh money has been invested in unrated and
unattractively valued stocks
High Growth High Quality Frothy Valuations
70 Unrated
32%
65
High valuations
% of net assets
60
18%
55 Moderately
Moderately
high valuations low valuations
50
34% 14%
45 Low valuations
Dec 2022 Dec 2023 2%
Hig
h
Very
Low
High
B
ut who said you can’t invest in small-
cap funds or cricket teams don’t enforce
a follow-on? In fact, cricket teams
barely lose after asking their opponents
to bat again. Just four times in the last
146 years, to be precise. This is a remarkably
rare occurrence.
That said, the decision to send the
opposition to bat again since the Kolkata Test
is more calibrated now. Unlike Waugh’s
penchant for going for the jugular, teams use
the follow-on option more sparingly than previous times small-cap funds delivered
before (91 per cent between 1981 and 2001 similar returns in a calendar year, they were
compared to around 50 per cent since the preceded by years of either negative or single-
Kolkata Test, as per ESPNcricinfo). And only digit returns? So, keep it real and normalise
when conditions and time left in the match your expectations.
are realistically favouring them.
Similar principles should be applied to Stay balanced
small-cap investing. Time and being realistic Despite their Considering the very nature of small-cap
are essential here as well. unpredictable funds, a 20 per cent allocation is reasonably
nature, small sufficient. Assuming you started in 2020 with
Time, the great healer caps deserve a 60 per cent allocation in large-cap funds
Investing in small caps requires a long-term and the rest split between mid- and small-cap
a place in
horizon. Let’s assume that small caps are funds, your current allocation would have
going to crash and take years to recover. Even
your portfolio, altered to 50-24-26 in large, mid and small
in such a scenario, small caps make a strong provided you caps by now.
case to be in your portfolio, provided you are are in it for the Since small caps have rocketed recently,
in it for the long haul. Here’s an example: long haul their share in the portfolio would have
even if you had started investing right before grown from 20 to 26 per cent in the last four
the Global Financial Crisis (GFC), things years. We suggest you resize your small-cap
would have worked out in 5-7 years. Your SIP exposure to 20 per cent again. It will help
in an average small-cap fund would have you follow the ‘buy-low and sell-high’ rule,
delivered 13.6 per cent annualised returns as you are selling your small-cap investment
five years after the GFC. Extend the investing at a time when it is red-hot.
period to seven years, and the returns would To conclude, this story has been fittingly
be a good 25 per cent. published around the same time of the
Kolkata Test’s 23rd anniversary. We hope the
Be real 2001 Test offers a powerful metaphor for
To reiterate, even a ‘middle-of-the-road’ small- small-cap investing. It teaches us humility,
cap fund delivered 43 per cent returns in the importance of strategic thinking and the
2023. But did you know that in the four need for caution in the face of success.
ELSS funds:
Losing appeal
but not utility
Though last year’s budget
diminished its value,
ELSS still remains the best
tax-saving option for those
under the old tax regime
A
s investors explore the various tax-saving Performance tale
options in the Section 80C investment land- The category rebounded from a challenging period in
scape, ELSS (equity-linked savings scheme) 2022, showcasing an average outperformance of
funds, also known as tax-saving funds, emerge as a 3 per cent at the category level compared to the S&P
standout choice. Not PPF, NSC or ULIPs, but ELSS. BSE 500 index.
These tax-saving funds offer dual benefits, as they Of the 35 actively managed funds, 26 outperformed
uniquely meld the growth potential of equity invest- the benchmark in the last calendar year, with the first
ing with the advantage of tax deductions under the half proving stronger than the second.
old tax regime.
While they come with a lock-in of three years, inves- Investor interest continues to dwindle
tors should look at ELSS funds as long-term investments Soon after last year’s budget enhanced the appeal of the
and a critical contributor to their retirement corpus. new tax regime, the June 2023 quarter experienced the
*VTLIHJRVMHJ[P]L,3::M\UKZ ,3::ZLLZLJVUKOPNOLZ[UL[V\[MSV^ZPUMP]L`LHYZ
26 of 35 actively managed funds beat their benchmark in 2023 This is most likely due to last year’s budget favouring the new tax regime
ELSS: Category average S&P BSE 500 TRI Net flows between Apr-Dec (` cr)
33.5
31.6
Calendar year 29.6
26.5
returns (%)
-33 -3,176 -1,621
17.5 18.4
4,833 2,663
9.2 9.0
3.4 4.8
ABSL ELSS Tax Saver 13.13 12.87 11.53 10.54 14.98 13.99 13.77 12.43 11.49 16.00
Axis ELSS Tax Saver 10.08 12.96 11.91 14.09 16.67 10.93 13.88 12.83 15.04 17.84
Bandhan ELSS Tax Saver 22.42 25.15 26.55 20.84 18.74 23.82 26.57 28.02 22.25 20.15
Bank of India ELSS Tax Saver 25.40 26.64 25.98 24.96 19.02 26.71 28.00 27.35 26.35 20.50
Baroda BNP Paribas ELSS Tax Saver 19.32 18.83 18.87 17.17 15.96 20.71 20.27 20.32 18.54 17.14
Canara Robeco ELSS Tax Saver 16.96 20.21 19.01 18.87 17.22 18.41 21.69 20.53 20.25 18.28
DSP ELSS Tax Saver 21.87 22.79 23.22 20.24 18.98 22.98 23.94 24.40 21.39 20.05
Edelweiss ELSS Tax Saver 18.42 18.93 19.19 15.93 14.91 20.38 20.94 21.23 17.93 16.39
Franklin India ELSS Tax Saver 23.92 23.30 24.27 17.87 17.28 24.94 24.34 25.32 18.91 18.35
Groww ELSS Tax Saver 19.49 17.72 18.02 14.30 - 21.35 19.89 20.50 16.39 -
HDFC ELSS Tax Saver 27.01 24.39 27.05 17.74 16.33 27.76 25.11 27.81 18.44 17.04
HSBC ELSS Tax Saver 19.80 19.34 19.93 15.59 15.96 20.72 20.21 20.86 16.39 16.76
ICICI Pru ELSS Tax Saver 18.12 19.67 20.23 16.82 16.35 18.87 20.46 21.03 17.62 17.38
Invesco India ELSS Tax Saver 19.20 19.47 18.49 16.87 17.56 20.59 20.90 19.95 18.32 19.23
ITI ELSS Tax Saver 24.03 - 19.91 - - 26.31 - 22.35 - -
JM ELSS Tax Saver 23.07 23.05 23.02 20.24 19.16 24.20 24.12 24.13 21.25 20.46
Kotak ELSS Tax Saver 19.08 20.68 21.17 18.45 18.10 20.61 22.25 22.78 19.98 19.58
LIC MF ELSS Tax Saver 15.08 16.19 17.14 14.03 15.80 16.29 17.49 18.46 15.43 17.05
Mahindra Manulife ELSS Tax Saver 19.60 21.14 22.55 17.62 - 21.56 23.16 24.62 19.62 -
Mirae Asset ELSS Tax Saver 18.93 21.50 20.65 19.59 - 20.21 23.00 22.08 21.21 -
Motilal Oswal ELSS Tax Saver 26.25 23.85 24.35 19.74 - 27.73 25.35 25.90 21.29 -
Nippon Ind ELSS Tax Saver 22.30 21.60 24.67 15.28 16.12 23.13 22.43 25.55 16.09 17.02
Parag Parikh ELSS Tax Saver 21.89 - 23.07 - - 23.36 - 24.62 - -
PGIM Ind ELSS Tax Saver 15.14 18.80 19.61 16.69 - 16.82 20.47 21.26 18.34 -
Quant ELSS Tax Saver Fund 30.76 35.60 35.13 30.86 26.15 32.61 37.84 37.38 33.01 27.42
Quantum ELSS Tax Saver 20.60 20.02 19.78 14.76 14.76 21.39 20.72 20.50 15.39 15.20
SBI LT Eqt 30.39 27.19 27.25 20.82 17.54 31.22 27.98 28.14 21.59 18.28
Shriram ELSS Tax Saver 20.61 18.65 18.22 - - 22.63 20.72 20.33 - -
Sundaram ELSS Tax Saver 17.52 19.68 19.92 16.34 15.58 18.18 20.35 20.54 16.90 16.19
Tata ELSS Tax Saver 18.84 19.65 20.17 17.07 17.76 20.23 21.14 21.64 18.67 19.20
Taurus ELSS Tax Saver 22.84 20.67 20.81 16.14 15.83 23.63 21.47 21.62 16.95 16.70
Union ELSS Tax Saver 19.89 21.65 21.83 19.20 14.95 20.89 22.55 22.81 19.96 15.73
UTI ELSS Tax Saver 15.29 18.12 16.99 16.38 15.06 16.43 19.28 18.16 17.51 16.14
Funds marked in this colour are our recommended funds. Data as of January 31, 2024.
Funds that don’t have a three-year history have been excluded from the table. You can find their available data on www.valueresearchonline.com by typing in their names in the search
bar. Funds suspended for sale have also been excluded.
6XEVFULEH1RZ
Insights into Indian mutual funds
BUY A NEW
SUBSCRIPTION
DIGITAL
1 year for `999
6DYH
Start my subscription from 3 year for `2,499
6DYH
Name (Mr/Mrs/Ms)
PRINT*
Address
1 year for `1,499
6DYH
3 year for `3,999
6DYH
State Pin Code
Delivery by courier
Phone E-mail
*Digital is complimentary.
Cheque Number Date Savings calculated with respect
to the single-issue price of `150
Bank & Branch
Payable to Value Research India Pvt. Ltd., New Delhi
To face all
market deliveries.
HSBC Multi Asset Allocation Fund NFO Period:
(An open ended scheme investing in Equity & Equity Related
instruments, Debt & Money Market Securities and Gold / Silver ETFs) 8 – 22 February 2024
Choose a fund that invests in equity for growth potential while debt and commodities can help
to balance risks in volatile market conditions.
Scan QR code to
Aims to generate
Equity tax benefits know more
risk-adjusted performance
To invest, contact your Mutual Fund Distributor or Registered Investment Advisor. Follow us on
Call us on 1800-200-2434/1800-4190-200 and start investing today.
www.assetmanagement.hsbc.co.in
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
CL 1052
REGULAR DIRECT
Year 2019 2020 2021 2022 2023 2024 (YTD) 2019 2020 2021 2022 2023 2024 (YTD)
Rating
Fund return (%) 1.95 18.70 49.20 4.20 28.30 2.85 3.27 19.96 50.88 5.46 29.77 2.96
Category return (%) 8.05 16.16 32.02 2.19 28.14 2.00 9.19 17.46 33.55 3.37 29.57 2.11
Category returns are for ELSS funds. 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.
The index is S&P BSE 500 TRI. It has been given only for comparison and may not be the stated benchmark of the fund. YTD as of January 31, 2024.
REGULAR DIRECT
Year 2019 2020 2021 2022 2023 2024 (YTD) 2019 2020 2021 2022 2023 2024 (YTD)
Rating
Fund return (%) 14.83 15.05 35.12 4.50 29.98 1.91 16.00 16.14 36.41 5.51 31.19 2.00
Category return (%) 8.05 16.16 32.02 2.19 28.14 2.00 9.19 17.46 33.55 3.37 29.57 2.11
Category returns are for ELSS funds. 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.
The index is S&P BSE 500 TRI. It has been given only for comparison and may not be the stated benchmark of the fund. YTD as of January 31, 2024.
REGULAR DIRECT
Year 2019 2020 2021 2022 2023 2024 (YTD) 2019 2020 2021 2022 2023 2024 (YTD)
Rating
Fund return (%) 9.43 19.16 32.55 -7.65 30.90 2.53 10.88 20.55 34.21 -6.45 32.41 2.65
Category return (%) 8.05 16.16 32.02 2.19 28.14 2.00 9.19 17.46 33.55 3.37 29.57 2.11
Category returns are for ELSS funds. 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.
The index is S&P BSE 500 TRI. It has been given only for comparison and may not be the stated benchmark of the fund. YTD as of January 31, 2024.
REGULAR DIRECT
Year 2019 2020 2021 2022 2023 2024 (YTD) 2019 2020 2021 2022 2023 2024 (YTD)
Rating
Fund return (%) 14.07 21.54 35.29 0.15 27.02 1.60 16.04 23.39 37.15 1.34 28.35 1.69
Category return (%) 8.05 16.16 32.02 2.19 28.14 2.00 9.19 17.46 33.55 3.37 29.57 2.11
Category returns are for ELSS funds. 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.
The index is S&P BSE 500 TRI. It has been given only for comparison and may not be the stated benchmark of the fund. YTD as of January 31, 2024.
REGULAR DIRECT
Year 2019 2020 2021 2022 2023 2024 (YTD) 2019 2020 2021 2022 2023 2024 (YTD)
Rating
Fund return (%) - 28.20 36.25 5.14 27.37 2.29 - 29.80 37.97 6.58 28.82 2.39
Category return (%) - 16.16 32.02 2.19 28.14 2.00 - 17.46 33.55 3.37 29.57 2.11
Category returns are for ELSS funds. 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.
The index is S&P BSE 500 TRI. It has been given only for comparison and may not be the stated benchmark of the fund. YTD as of January 31, 2024.
REGULAR DIRECT
Year 2019 2020 2021 2022 2023 2024 (YTD) 2019 2020 2021 2022 2023 2024 (YTD)
Rating
Fund return (%) 2.97 46.92 59.83 12.25 30.44 6.26 4.20 49.66 63.27 14.18 32.03 6.36
Category return (%) 8.05 16.16 32.02 2.19 28.14 2.00 9.19 17.46 33.55 3.37 29.57 2.11
Category returns are for ELSS funds. 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.
The index is S&P BSE 500 TRI. It has been given only for comparison and may not be the stated benchmark of the fund. YTD as of January 31, 2024.
M
SHYAMALI BASU y friend referred me to her SIPs. They were well thought through,
cousin, Anjali (name considering her circumstances.
changed), who needed Her health insurance coverage was
some help with her comprehensive; the shocker came when we
investments. Anjali had enquired if she had adequately insured the
faced many hardships in her life. She was income for her dependents should
divorced, had one-year-old twins to raise something unforeseen were to happen to
and lived in a rented apartment. At the her. She said she was.
time, she had a job at a creative agency, So, the next logical question was the
which, although stable, was not secure. quantum of sum assured. Anjali informed
Anjali leaned on her elderly mother for me that she would need to count that.
help with the household chores. Count?
However, since Anjali’s mother was too She just needed to check one number,
old to care for the toddlers, she had no I thought. However, Anjali was right in
option but to depend on domestic saying so. She was sold 18 policies of a
workers. As a result, most of Anjali’s large insurance company with a total cover
salary went into keeping the maids happy of just `43 lakh!
so that she could keep her job. If something had to happen to her before
In our business, we mostly come across the policy (policies) matured, her family
clients who are keen on timing the market, would receive just that much – and
eager to know the next big idea, exploring considering her responsibilities, it was
complex structured products, and so on. certainly a very meagre amount.
Anjali, on the other hand, was different. Further, the premium liability was
She was a single parent trying to secure almost two months of her gross salary. And
her and her kids’ future. that too for such a meagre cover.
To top it all off, I was shocked at the
What we did computation sent by her. The sheet,
To help Anjali, we started off by asking her ironically termed the ‘risk cover and cash
for a list of her existing investments. flow chart’, had the format as shown below.
She shared the details of her existing I wanted to tell the Smart Alec of a
if your employer In comparison, the `50 lakh in capital You can only switch from an equity-
contributes to gain bonds would have grown to just over linked savings scheme (ELSS) to a non-
the NPS `63 lakh. ELSS fund after completing the lock-in
That said, while equities offer higher period of three years.
returns, they are subject to volatility. When you switch funds, it’s treated as
Capital gain bonds, on the other hand, redeeming your investment from the old
provide assured returns. scheme and investing in a new one.
With ELSS, also known as tax-saving
NPS and the new tax regime mutual funds, as they offer tax benefits, the
Can followers of the new tax regime claim investment is locked for three years and
the additional deduction of up to `50,000 cannot be moved to another scheme of the
under NPS? same fund house before that.
– ANONYMOUS The only exception is if the investor
If you are under the new tax regime and passes away. In such cases, the nominee is
invest in the National Pension System allowed to withdraw the investment after a
(NPS) Tier-1, you are not eligible for the year of the original investment date.
;VWVZ[`V\YX\LY`]PZP[! www.ValueResearchOnline.com/Hangouts
* The individual is assumed to earn a taxable income of more than Rs. 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 Rs. 150,000 per financial year under Section 80C of the Income Tax Act. This deduction is allowed to an individual or a HUF. This is only
to illustrate the tax-saving potential of ELSS and is not tax advice. Please consult your tax consultant for tax purpose. This is applicable assuming the person is in the old tax regime. As per New Income Tax Regime most
of the deductions/exemptions such as section 80C, 80D, etc. are to be foregone. The new Income-Tax regime will be the default option with effect from Assessment Year 2024-25 (Fiscal Year 2023-24). However, the choice
to remain with the old tax regime will still be available for the taxpayer.
Of all the number of investment options that can give you tax-saving benefits, ELSS could play a role of an efficient tax
saving instrument from the view point of a working professional. It is considered to be an ideal tax saving instrument
offering potential capital appreciation along with tax benefits with the shortest lock-in period of
3 years. Investors can also avail SIP facility to spread out the period of investment over a long
period of time and utilize it to average the cost, which can reduce the tax incidence and may
garner competitive returns.
Gateway to Equity
New to equity? ELSS can be an apt option to get Mr. Harsha Upadhyaya heads the equity desk at
yourself exposed to equity & the power of compounding. Kotak Mahindra Asset Management Company.
Harsha has over two decades of experience, spread
Lowest Lock-in across equity research and fund management.
There is a mandatory lock-in period for all major tax saving He completed his Bachelor of Engineering
investment schemes and plan. However, ELSS has the (Mechanical) from National Institute of Technology,
lowest lock-in period of just 3 years that is enough time to Surathkal, and holds a Post Graduate
instill discipline. Diploma in Management (Finance) from Indian
Institute of Management, Lucknow. He also holds
Comprehensive Investment Strategy Chartered Financial Analyst charter from the CFA
Emphasis on bottom-up stock selection with top-down Institute, US.
thematic overlay helps identify stock opportunities.
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
The Value Research Scoreboard is designed to help you make the best possible investment
decisions. The Scoreboard captures essential data on every mutual fund scheme in an easy-to-use
format. 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.
REGULAR DIRECT
Return (%) Rank Return (%) Rank Assets
No Fund Name Rating 1Y 3Y 5Y 10 Y 5 Y 10 Y Expense NAV Rating 1Y 3Y 5 Y 5 Y 10 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 any bonus or rights. The return is computed by adjusting for
specific fund, look for this the dividend tax paid by the fund in the past. All trailing
number in the Index against returns for one-year period and above are annualised, while
the name of the fund. returns for less than one year are absolute.
Equity: Large Cap 31.2 19.1 16.0 15.0 29 25 32.4 20.3 17.1 16.2 29 25
1 ABSL Frontline Equity 27.2 18.6 15.6 15.4 16 11 1.67 437.15 28.0 19.4 16.4 16.4 18 12 1.01 478.44 25898
2 Axis Bluechip 22.2 12.0 13.9 14.6 26 15 1.55 51.26 23.3 13.2 15.1 15.9 25 14 0.66 58.20 33171
3 Bandhan Large Cap 32.9 17.6 15.6 13.5 17 22 2.10 63.87 34.5 19.0 16.9 14.9 15 21 0.91 72.12 1299
4 Bank of India Bluechip NR 38.8 - - - - 2.47 14.31 NR 40.0 - - - - 1.36 14.77 115
5 Baroda BNP Paribas Large Cap 30.6 18.6 17.5 16.1 5 5 2.10 185.48 32.1 20.0 18.8 17.5 4 5 0.92 210.30 1693
6 Canara Robeco Bluechip Eqt 26.0 16.4 17.1 15.7 6 8 1.70 51.69 27.5 18.1 18.8 17.1 5 6 0.51 58.69 11639
7 DSP Top 100 Equity 28.8 16.1 14.6 13.2 23 24 2.00 374.76 29.8 17.0 15.5 14.0 24 24 1.19 404.51 3340
8 Edelweiss Large Cap 29.1 18.5 16.4 15.4 9 10 2.33 71.50 31.1 20.3 18.2 16.7 7 11 0.80 80.26 686
9 Franklin India Bluechip 24.5 16.2 14.1 13.6 25 21 1.86 851.82 25.7 17.2 15.0 14.6 26 23 1.12 932.46 7466
10 Groww Large Cap 28.2 16.8 13.3 13.3 28 23 2.30 37.14 29.8 18.4 14.9 15.0 28 20 1.06 43.61 113
11 HDFC Top 100 33.9 23.4 16.4 16.1 10 6 1.66 994.99 34.7 24.1 17.0 16.8 13 10 1.08 1066.73 30262
12 HSBC Large Cap 30.8 17.3 15.7 14.4 15 16 2.15 406.64 32.1 18.3 16.8 15.3 16 18 1.20 445.61 1678
13 ICICI Pru Bharat 22 FOF 66.7 43.1 22.2 - 1 0.09 28.09 66.7 43.1 22.2 - 2 0.08 28.09 567
14 ICICI Pru Bluechip 33.5 22.3 18.1 16.6 3 4 1.52 91.49 34.3 23.0 18.9 17.6 3 4 0.92 99.64 47929
15 ICICI Pru Nifty 100 Low Vol 30 ETF FOF NR 32.4 - - - - 0.51 15.58 NR 33.1 - - - - 0.14 15.81 934
16 ICICI Pru Nifty Alpha Low-Vol 30 ETF FOF NR 44.7 - - - - 0.53 13.45 NR 45.4 - - - - 0.10 13.62 328
17 Invesco India Largecap 33.8 19.2 15.8 15.2 13 12 2.18 56.44 35.7 20.9 17.5 16.9 10 8 0.78 66.38 909
18 ITI Large Cap 30.8 15.7 - - - 2.34 15.53 33.3 18.2 - - - 0.44 16.60 226
19 JM Focused 44.4 21.8 15.7 17.3 14 2 2.47 17.25 45.7 23.0 17.1 18.8 12 1 1.32 19.69 80
20 JM Large Cap 36.9 20.6 16.5 14.9 8 13 2.50 138.98 37.9 21.6 17.6 16.1 9 13 1.75 155.43 74
21 Kotak Bluechip 25.3 17.7 16.7 15.5 7 9 1.76 472.66 26.8 19.2 18.1 16.9 8 9 0.59 534.64 7334
22 LIC MF Focused 30 Equity 20.0 16.2 14.5 - 24 2.51 18.18 21.1 17.2 15.6 - 23 1.56 19.71 133
23 LIC MF Large Cap 21.6 16.1 15.3 13.8 20 19 2.17 47.34 22.4 16.3 15.7 14.7 22 22 1.12 52.90 1380
24 Mahindra Manulife Large Cap 26.3 17.6 - - - 2.39 19.51 28.4 19.7 - - - 0.73 21.36 327
25 Mirae Asset Equity Allocator FoF 30.9 20.0 - - - 0.04 21.05 31.0 20.1 - - - 0.03 21.11 624
26 Mirae Asset Large Cap 21.7 16.0 14.7 17.0 22 3 1.53 95.11 23.0 17.2 15.9 18.1 21 3 0.54 105.70 37969
27 Nippon Ind Large Cap 36.3 25.7 17.5 17.7 4 1 1.67 74.02 37.4 26.8 18.5 18.7 6 2 0.82 81.51 20218
28 Nippon Ind Nifty Next 50 Junior BeES FoF 41.2 20.4 - - - 0.29 20.33 41.5 20.7 - - - 0.09 20.59 277
29 PGIM Ind Large Cap 20.5 13.8 13.3 13.7 29 20 2.40 294.98 22.4 15.6 14.9 15.3 27 19 0.87 342.27 538
30 Quant Focused 42.3 26.6 21.3 20.9 2 2.32 79.72 44.7 29.1 23.4 22.1 1 0.76 86.52 574
31 Quant Large Cap NR 41.0 - - - - 2.37 13.53 NR 43.3 - - - - 0.77 13.87 425
32 Quantum Nifty 50 ETF FoF NR 23.6 - - - - 0.18 12.57 NR 23.7 - - - - 0.06 12.60 22
33 SBI Bluechip 23.3 17.7 16.3 16.0 11 7 1.55 77.33 24.2 18.6 17.2 17.0 11 7 0.86 84.80 43487
34 Sundaram Large Cap 25.1 17.4 15.3 14.3 19 17 1.93 18.68 26.7 19.0 16.7 15.5 17 17 0.63 19.68 3338
35 Tata Large Cap 29.0 20.0 16.0 14.2 12 18 2.11 429.85 30.2 21.2 17.0 15.6 14 16 1.15 486.09 1855
36 Taurus Large Cap 32.2 17.3 13.7 12.6 27 25 2.62 134.50 32.3 17.4 13.8 13.2 29 25 2.55 142.00 41
37 Union Largecap 27.5 17.5 15.4 - 18 2.55 20.74 28.5 18.3 16.1 - 19 1.90 21.74 281
38 UTI Large Cap 23.2 16.1 15.1 14.7 21 14 1.73 233.58 24.3 17.1 16.1 15.6 20 15 0.81 252.91 12230
39 WhiteOak Capital Large Cap NR 28.9 - - - - 2.39 11.87 NR 31.1 - - - - 0.73 12.11 380
Equity: Large & MidCap 36.8 23.4 19.1 17.8 21 16 38.4 24.8 20.4 19.0 21 16
40 ABSL Equity Advantage 33.3 16.0 15.4 16.5 20 12 1.89 770.20 34.4 17.0 16.4 17.6 20 12 1.07 846.70 5566
41 Axis Growth Opportunities 36.1 21.4 20.5 - 5 1.71 25.76 37.6 23.1 22.3 - 2 0.57 27.92 10722
42 Bandhan Core Equity 45.5 27.1 20.1 16.8 6 11 1.91 106.08 47.2 28.6 21.5 18.4 6 10 0.74 121.57 3484
S&P BSE 100 TRI 27.3 19.3 16.8 15.5
S&P BSE Large Mid Cap TRI 34.2 21.7 17.5 16.1
S&P BSE Sensex TRI 22.1 17.1 16.0 14.8
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
:HDOWKFUHDWLRQWDNHVWLPH
\HDUORFNLQ
KHOSV\RX
+DQGFXijWKH*UHHG
/RFNRXWWKHIHDU
/RFNLQ$FFKD+DL
5LVNRPHWHU
7KLVSURGXFWLVVXLWDEOHIRULQYHVWRUVZKRDUHVHHNLQJ
/RQJWHUPFDSLWDODSSUHFLDWLRQ
,QYHVWPHQWSUHGRPLQDQWO\LQHTXLW\DQGHTXLW\UHODWHGVHFXULWLHV
,QYHVWRUVVKRXOGFRQVXOWWKHLUILQDQFLDODGYLVHUVLILQ
GRXEWDERXWZKHWKHUWKHSURGXFWLVVXLWDEOHIRUWKHP ,QYHVWRUVXQGHUVWDQGWKDWWKHLUSULQFLSDO
ZLOOEHDWYHU\KLJKULVN
1RWH3OHDVHYLVLWWKHZHEVLWHDGGUHVVIRUODWHVW5LVNRPHWHUXSGDWHV
KWWSVZZZDPFSSIDVFRP!6WDWXWRU\'LVFORVXUHV!3URGXFW/DEHORIWKH6FKHPHV
3376)
0XWXDO)XQGLQYHVWPHQWVDUHVXEMHFWWRPDUNHWULVNVUHDGDOOVFKHPHUHODWHGGRFXPHQWVFDUHIXOO\
Subscription copy of [charak1987@gmail.com]. Redistribution prohibited.
3DUDJ3DULNK 33'$$)
'\QDPLF$VVHW$OORFDWLRQ)XQG
$QRSHQHQGHGG\QDPLFDVVHWDOORFDWLRQIXQG
2ijHURIXQLWVRI5VHDFKIRUFDVK VXEMHFWWRDSSOLFDEOHORDG
GXULQJWKH1HZ)XQG2ijHUDQGFRQWLQXRXV
1)2RSHQV
2ijHUIRUXQLWVDW$SSOLFDEOH1$9 )HE
:HUHFRPPHQGLWWRWKRVH
¬ 'HVLULQJGHEWDOORFDWLRQZLWKLQGH[DWLRQEHQHıWV
¬ 3UHIHUULQJWRRXWVRXUFHWKHWDVNRIPDQDJLQJWKHFRPSOH[LWLHVLQYROYHGLQGHEWLQYHVWLQJ
¬ :KRUHIUDLQIURPDFWLYHO\WUDGLQJLQGHEWVHFXULWLHVZLWKWKHLQWHQWLRQRISURıWLQJIURP
LQWHUHVWUDWHPRYHPHQWV
)LOOXSWKH$SSOLFDWLRQ)RUPDQGVXEPLWLW
HLWKHUWRXVRUWKHQHDUHVW&$066HUYLFH
&HQWUH
:(%
L26 $QGURLG
33)$63$571(56Ū
:HE$SS
'RZQORDG)RUPV KWWSVSDUWQHUVSSIDVFRP
0)8WLOLWLHV 16(0)66
%6(6WDU0) P\&$06
7KLVSURGXFWLVVXLWDEOHIRULQYHVWRUVZKRDUHVHHNLQJ 5LVNRPHWHU
&DSLWDO$SSUHFLDWLRQ ,QFRPHJHQHUDWLRQRYHUPHGLXPWRORQJWHUP
,QYHVWPHQWLQHTXLW\DQGHTXLW\UHODWHGLQVWUXPHQWVDVZHOODVGHEWDQGPRQH\PDUNHWLQVWUXPHQWV
ZKLOHPDQDJLQJULVNWKURXJKDFWLYHDVVHWDOORFDWLRQ
,QYHVWRUVVKRXOGFRQVXOWWKHLUILQDQFLDODGYLVHUVLILQGRXEWDERXWZKHWKHUWKHSURGXFWLVVXLWDEOHIRUWKHP ,QYHVWRUVXQGHUVWDQGWKDWWKHLUSULQFLSDO
ZLOOEHDWPRGHUDWHULVN
1RWH7KHSURGXFWODEHOLQJDVVLJQHGGXULQJWKH1)2LVEDVHGRQLQWHUQDODVVHVVPHQWRIWKHVFKHPHFKDUDFWHULVWLFVRUPRGHOSRUWIROLRDQGWKHVDPHPD\YDU\SRVW
1)2ZKHQWKHDFWXDOLQYHVWPHQWVDUHPDGH
33)$6$VVHW0DQDJHPHQW3ULYDWH/LPLWHG
5HJLVWHUHG2ĴFHWK)ORRU6DNKDU%KDYDQ5DPQDWK*RHQND0DUJ1DULPDQ3RLQW
0XPEDL0DKDUDVKWUD,QGLD7HO
9LVLWXVDWDPFSSIDVFRP
Equity: Large & MidCap 36.8 23.4 19.1 17.8 21 16 38.4 24.8 20.4 19.0 21 16
43 Bank of India Large & Mid Cap Eqt 36.7 22.9 19.5 14.9 8 16 2.47 76.10 37.9 24.2 20.8 16.3 9 16 1.49 85.92 271
44 Baroda BNP Paribas Large & Mid Cap 40.8 25.0 - - - 2.22 22.81 42.6 26.8 - - - 0.96 24.04 971
45 Canara Robeco Emerging Equities 28.3 19.4 18.1 22.3 15 2 1.65 201.63 29.7 20.8 19.5 23.6 14 2 0.62 227.41 19904
46 DSP Equity Opportunities 36.8 22.5 19.3 18.1 11 6 1.75 494.82 38.2 23.7 20.4 19.2 10 5 0.75 544.64 10387
47 Edelweiss Large & Mid Cap 36.4 23.0 19.3 17.3 10 7 1.93 71.42 38.4 25.0 21.2 18.9 7 7 0.49 82.28 2628
48 Franklin India Equity Advtg 30.5 19.4 15.2 15.4 21 15 2.04 154.65 31.6 20.3 16.1 16.3 21 15 1.41 168.14 3138
49 HDFC Large and Mid Cap 44.4 29.7 21.5 15.5 2 1.70 284.19 45.6 30.7 22.2 15.9 3 0.83 295.30 15022
50 HSBC Large and Mid Cap 38.2 21.2 - - - 2.01 21.16 39.6 22.2 - - - 0.97 22.78 2590
51 ICICI Pru Large & Mid Cap 36.7 29.1 21.0 17.0 3 10 1.76 791.46 37.8 30.1 21.9 18.1 5 11 0.83 872.74 10268
52 Invesco India Large & Mid Cap 40.8 20.8 17.7 17.1 18 9 1.86 72.41 42.6 22.4 19.1 18.8 18 8 0.69 84.29 4641
53 Kotak Equity Opportunities 34.0 22.6 19.6 18.4 7 4 1.63 273.02 35.6 24.0 21.0 19.8 8 4 0.53 308.51 17783
54 LIC MF Large & Mid Cap 35.6 20.8 17.7 - 17 1.97 31.42 37.2 22.6 19.4 - 16 0.76 35.44 2472
55 Mahindra Manulife Large & Mid Cap 44.3 27.3 - - - 2.03 24.01 46.7 29.6 - - - 0.41 25.87 1696
56 Mirae Asset Large & Midcap 35.1 21.6 20.9 24.0 4 1 1.56 127.99 36.4 22.8 22.1 25.1 4 1 0.62 142.10 32492
57 Motilal Oswal Large and Midcap 45.7 26.8 - - - 1.88 24.50 47.8 28.8 - - - 0.50 26.25 3025
58 Navi Large & Midcap 27.5 22.0 16.6 - 19 2.26 30.67 29.9 24.4 18.9 - 19 0.35 35.67 281
59 Nippon Ind Vision 41.2 23.9 18.8 16.3 14 13 2.03 1161.31 41.9 24.5 19.4 17.0 15 13 1.56 1238.78 4057
60 Quant Large & Mid Cap 46.1 30.4 24.6 23.1 1 2.06 105.36 48.3 32.6 26.0 23.9 1 0.75 113.22 1486
61 SBI Large & Midcap 31.9 24.3 19.5 18.4 9 5 1.67 511.44 33.1 25.3 20.3 19.1 11 6 0.77 547.75 18926
62 Sundaram Large & Midcap 30.8 21.3 17.9 19.7 16 3 1.84 70.52 32.3 22.7 19.3 20.9 17 3 0.74 78.11 6075
63 Tata Large & Midcap 29.7 22.1 19.2 17.1 12 8 1.81 452.65 31.0 23.4 20.2 18.4 12 9 0.75 507.66 6184
64 Union Large & Midcap 33.4 21.0 - - - 2.36 21.45 35.2 22.5 - - - 1.01 22.52 620
65 UTI Large & Mid Cap 38.2 25.9 18.9 15.9 13 14 2.05 140.60 39.2 26.7 19.6 16.5 13 14 1.24 148.67 2380
66 WhiteOak Capital Large & Mid Cap NR - - - - - 2.15 10.32 NR - - - - - 0.40 10.34 879
Equity: Flexi Cap 33.0 20.0 17.0 16.5 41 29 34.5 21.4 18.2 17.6 41 29
67 360 ONE FlexiCap NR - - - - - 2.40 12.06 NR - - - - - 0.90 12.17 331
68 360 ONE Focused Equity 31.9 20.8 22.7 - 3 1.85 39.84 33.2 22.1 24.2 - 2 0.92 44.52 6147
69 ABSL Bal Bhavishya Yojna 28.3 13.0 - - - 2.18 17.09 30.4 14.9 - - - 0.71 18.67 909
70 ABSL Flexi Cap 31.6 18.8 16.3 17.7 20 8 1.68 1460.26 32.7 19.8 17.3 18.8 22 8 0.87 1612.96 19341
71 ABSL Focused 28.6 17.7 16.2 15.6 21 19 1.83 116.65 29.8 18.8 17.3 16.8 23 17 0.86 129.62 6778
72 ABSL Retirement 30s 26.8 12.6 - - - 2.39 16.37 28.5 14.3 - - - 1.04 17.72 348
73 Axis Equity ETFs FoF NR 30.4 - - - - 0.27 13.55 NR 30.6 - - - - 0.11 13.60 16
74 Axis Flexi Cap 25.4 14.1 14.8 - 35 1.74 21.40 26.7 15.4 16.3 - 33 0.71 23.28 11517
75 Axis Focused 25 23.8 9.1 12.6 14.7 41 26 1.71 45.70 25.0 10.2 13.9 16.0 40 24 0.76 52.03 14439
76 Bajaj FinServ Flexi Cap NR - - - - - 1.94 11.47 NR - - - - - 0.34 11.54 2064
77 Bandhan Flexi Cap 29.4 18.2 14.7 15.5 37 20 1.87 172.93 30.3 19.0 15.5 16.3 37 23 1.15 187.10 6709
78 Bandhan Focused Equity 38.3 16.7 14.7 13.4 36 28 2.12 69.81 40.1 18.3 16.3 14.9 32 28 0.77 80.68 1488
79 Bank of India Flexi Cap 49.4 28.8 - - - 2.33 28.84 51.3 30.8 - - - 0.94 30.56 559
80 Baroda BNP Paribas Flexi Cap NR 32.8 - - - - 2.15 13.05 NR 34.9 - - - - 0.93 13.37 1264
81 Baroda BNP Paribas Focused 29.9 17.7 16.0 - 23 2.33 18.73 32.3 19.7 17.8 - 19 0.52 20.66 566
82 Canara Robeco Flexi Cap 27.1 18.0 17.1 16.0 16 15 1.71 278.86 28.6 19.5 18.6 17.1 16 15 0.57 307.56 11491
83 Canara Robeco Focused Equity NR 29.1 - - - - 1.99 15.76 NR 31.0 - - - - 0.53 16.47 2140
84 DSP Flexi Cap 35.6 19.0 19.0 17.5 11 11 1.76 62.11 37.0 20.3 20.2 18.5 10 11 0.72 93.11 10067
S&P BSE 500 TRI 33.4 21.8 18.5 16.8
S&P BSE Large Mid Cap TRI 34.2 21.7 17.5 16.1
S&P BSE Sensex TRI 22.1 17.1 16.0 14.8
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Equity: Flexi Cap 33.0 20.0 17.0 16.5 41 29 34.5 21.4 18.2 17.6 41 29
85 DSP Focus 36.2 16.3 15.9 15.5 24 21 2.06 44.17 37.6 17.5 17.1 16.5 25 19 1.00 48.57 2227
86 Edelweiss Flexi Cap 34.9 22.0 17.4 - 15 2.05 30.85 37.0 24.1 19.5 - 14 0.46 34.90 1547
87 Edelweiss Focused NR 32.4 - - - - 2.32 13.44 NR 34.6 - - - - 0.71 13.79 679
88 Franklin India Flexi Cap 38.0 24.1 19.1 18.0 10 6 1.75 1354.35 39.1 25.1 20.1 19.1 11 5 1.04 1490.82 13792
89 Franklin India Focused Equity 28.5 23.6 18.7 19.5 13 4 1.79 89.78 29.6 24.6 19.7 20.7 12 3 1.01 99.96 10390
90 HDFC Flexi Cap 35.6 28.8 19.6 18.2 5 5 1.53 1539.88 36.4 29.7 20.3 19.0 8 6 0.83 1667.20 45993
91 HDFC Focused 30 35.0 30.5 19.5 17.0 8 12 1.74 177.59 36.7 32.2 20.9 18.2 7 13 0.52 198.14 8689
92 HDFC Retirement Savings Equity 37.7 28.2 21.5 - 4 1.82 42.89 39.3 29.8 23.0 - 4 0.68 47.83 4378
93 Helios Flexi Cap NR - - - - - 2.22 11.44 NR - - - - - 0.62 11.48 797
94 HSBC Flexi Cap 38.5 21.9 16.8 15.9 18 17 1.96 177.09 39.6 22.9 17.7 16.8 20 18 1.17 195.38 3977
95 HSBC Focused 35.9 18.5 - - - 2.13 21.20 37.5 19.6 - - - 0.93 22.35 1556
96 ICICI Pru Flexicap NR 34.2 - - - - 1.70 15.17 NR 35.6 - - - - 0.66 15.69 13525
97 ICICI Pru Focused Equity 34.1 24.0 19.5 15.9 6 18 1.79 69.27 35.8 25.6 21.0 17.2 6 14 0.58 78.06 6518
98 ICICI Pru India Equity FOF 41.1 28.5 - - - 1.31 24.78 41.9 29.5 - - - 0.79 25.57 92
99 ICICI Pru Passive Strategy (FOF) 32.3 21.6 16.6 14.6 19 0.37 135.64 32.7 22.0 17.0 15.0 27 0.13 141.39 139
100 ICICI Pru Retirement Pure Equity 47.2 28.9 - - - 2.34 25.38 49.1 30.6 - - - 0.87 27.41 484
101 ICICI Pru S&P BSE 500 ETF FOF NR 31.6 - - - - 0.61 13.36 NR 32.2 - - - - 0.12 13.51 75
102 Invesco India Flexi Cap NR 40.2 - - - - 2.10 14.37 NR 42.5 - - - - 0.64 14.86 1315
103 Invesco India Focused 45.4 21.0 - - - 2.02 20.65 47.5 22.9 - - - 0.66 21.80 2066
104 ITI Flexi Cap NR - - - - - 2.29 14.77 NR - - - - - 0.41 15.05 548
105 ITI Focused Equity NR - - - - - 2.34 12.29 NR - - - - - 0.41 12.44 281
106 JM Flexicap 50.7 28.7 23.1 20.5 1 1 2.08 81.76 52.5 29.9 24.2 21.8 1 1 0.58 91.14 1238
107 Kotak Flexicap 27.7 18.1 15.8 17.6 25 10 1.49 68.44 28.8 19.2 16.9 18.7 28 9 0.63 76.14 44560
108 Kotak Focused Equity 27.1 18.9 - - - 1.89 20.74 29.0 20.8 - - - 0.52 22.34 3060
109 LIC MF Flexi Cap 29.8 17.9 15.0 13.9 32 27 2.34 84.88 31.0 18.8 16.0 15.1 34 27 1.55 92.19 938
110 Mahindra Manulife Flexi Cap NR 37.7 - - - - 2.10 13.98 NR 40.1 - - - - 0.37 14.66 1162
111 Mahindra Manulife Focused 39.8 27.2 - - - 2.14 22.21 42.2 29.7 - - - 0.44 23.69 1027
112 Mirae Asset Flexi Cap NR - - - - - 2.07 13.12 NR - - - - - 0.58 13.31 1509
113 Mirae Asset Focused 21.3 15.6 - - - 1.74 22.12 22.7 17.1 - - - 0.56 23.65 9276
114 Motilal Oswal Flexi Cap 42.2 15.5 13.2 - 40 1.77 45.19 43.4 16.5 14.2 - 39 0.94 49.46 8896
115 Motilal Oswal Focused 29.9 13.8 15.3 15.0 30 24 2.07 41.02 31.4 15.2 16.7 16.5 30 20 0.94 47.15 1784
116 Navi Flexi Cap 28.5 19.9 15.7 - 26 2.29 20.47 30.8 22.3 18.0 - 18 0.43 22.89 248
117 Nippon Ind Flexi Cap NR 37.5 - - - - 1.81 14.42 NR 39.4 - - - - 0.54 14.97 5753
118 Nippon Ind Focused Eqt 29.2 22.5 18.8 19.8 12 3 1.86 103.05 30.0 23.3 19.6 20.7 13 4 1.20 112.25 7818
119 Nippon Ind Passive Flexicap FoF 32.6 21.8 - - - 0.57 17.84 33.2 22.4 - - - 0.17 18.13 215
120 Nippon Ind Retrmnt Wealth Creation 37.6 22.0 14.1 - 38 1.95 24.05 39.0 23.2 15.3 - 38 1.00 26.72 2899
121 NJ Flexi Cap NR - - - - - 2.22 12.58 NR - - - - - 0.41 12.69 761
122 Old Bridge Focused Eqt NR - - - - - 2.49 10.07 NR - - - - - 1.44 10.07 -
123 Parag Parikh Flexi Cap 37.4 23.1 23.1 20.2 2 2 1.33 66.72 38.5 24.3 24.2 21.0 3 2 0.58 71.97 52007
124 PGIM Ind Flexi Cap 22.4 17.3 19.5 - 7 1.78 30.25 24.1 19.3 21.6 - 5 0.41 34.66 6092
125 Quant Flexi Cap NR 48.8 36.4 29.5 25.1 - 1.91 90.94 NR 50.8 37.7 30.9 26.0 - 0.77 99.38 2901
126 Quantum Eqt FoF 28.7 18.1 15.3 16.2 29 14 0.75 67.87 29.1 18.3 15.6 16.4 36 21 0.51 68.83 110
127 Samco Flexi Cap NR 28.6 - - - - 2.28 11.73 NR 30.5 - - - - 0.84 12.08 799
128 SBI Flexicap 28.3 18.1 16.2 17.6 22 9 1.70 95.83 29.5 19.2 17.2 18.7 24 10 0.85 105.74 19690
S&P BSE 500 TRI 33.4 21.8 18.5 16.8
S&P BSE Sensex TRI 22.1 17.1 16.0 14.8
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Equity: Flexi Cap 33.0 20.0 17.0 16.5 41 29 34.5 21.4 18.2 17.6 41 29
129 SBI Focused Eqt 26.7 18.0 17.1 17.9 17 7 1.59 281.36 27.8 19.2 18.3 19.0 17 7 0.75 312.11 31517
6%Ζ5HWUPQW%HQHȴW$JUVVY 15 15
131 Shriram Flexi Cap 37.6 19.6 15.0 - 33 2.65 20.07 40.0 21.8 17.1 - 26 0.95 22.10 71
132 Sundaram Flexi Cap NR 25.7 - - - - 2.03 12.31 NR 27.8 - - - - 0.57 12.62 2145
133 Sundaram Focused 28.2 19.1 17.7 16.0 14 16 2.28 136.19 29.6 20.3 18.7 16.9 15 16 1.25 148.62 1008
134 Tata Flexi Cap 33.0 17.2 15.5 - 27 1.96 20.12 34.7 18.7 17.4 - 21 0.69 21.93 2648
135 Tata Focused Eqt 34.3 22.3 - - - 2.05 20.36 36.4 24.4 - - - 0.55 21.90 1588
136 Tata Retrmnt Svngs Progrsv 33.4 16.2 15.0 16.5 31 13 2.05 54.35 35.4 18.0 16.9 18.3 29 12 0.59 64.60 1718
137 Tata Young Citizens 31.6 21.1 17.9 13.6 - 2.60 54.65 32.3 21.8 18.8 14.7 - 2.17 60.33 327
138 Taurus Flexi Cap 34.7 19.5 13.2 12.6 39 29 2.64 200.65 34.7 19.6 13.3 13.1 41 29 2.60 208.54 317
139 Union Flexi Cap 34.3 21.5 19.2 14.7 9 25 2.07 44.04 35.9 22.8 20.3 15.7 9 26 0.94 48.23 1864
140 Union Focused 24.8 18.2 - - - 2.50 22.16 26.1 19.3 - - - 1.53 23.11 380
141 UTI Children's Career Investment 27.1 16.5 15.4 15.4 28 22 2.27 72.58 28.4 17.8 16.6 16.3 31 22 1.17 79.34 954
142 UTI Flexi Cap 19.2 11.2 14.9 15.2 34 23 1.64 268.36 20.1 12.1 15.7 15.8 35 25 0.87 285.02 26424
143 UTI Focused NR 29.4 - - - - 1.97 12.99 NR 31.4 - - - - 0.57 13.53 2435
144 WhiteOak Capital Flexi Cap NR 36.2 - - - - 1.90 13.81 NR 38.4 - - - - 0.43 14.15 2912
Equity: Mid Cap 44.6 27.6 22.5 21.0 22 18 46.3 29.0 23.9 22.2 22 18
145 ABSL Mid Cap 43.3 26.6 18.9 18.9 18 17 1.92 638.08 44.6 27.7 20.0 19.9 19 17 1.07 702.18 4944
146 Axis Midcap 33.3 20.8 20.5 20.7 16 11 1.61 86.39 34.8 22.3 22.0 22.3 16 8 0.52 98.90 24564
147 Bandhan Midcap NR 40.7 - - - - 2.17 13.59 NR 43.0 - - - - 0.56 13.92 1023
148 Baroda BNP Paribas Midcap 40.4 27.2 22.7 20.5 11 12 2.05 82.97 42.5 29.1 24.6 22.2 10 9 0.60 96.69 1674
149 Canara Robeco Mid Cap NR 38.3 - - - - 2.04 13.39 NR 40.4 - - - - 0.63 13.63 1889
150 DSP Midcap 38.8 18.9 18.7 19.9 20 16 1.69 118.81 40.1 20.0 19.9 21.0 20 16 0.74 130.31 16790
151 Edelweiss Mid Cap 47.8 29.7 25.1 23.4 5 1 1.82 75.66 49.9 31.7 27.1 25.0 4 1 0.44 86.61 4624
152 Franklin India Prima 43.5 23.9 18.8 20.2 19 15 1.80 2146.59 44.8 24.9 19.8 21.3 21 14 1.04 2385.25 9868
153 HDFC Mid-Cap Opportunities 52.1 33.5 24.8 22.7 7 3 1.45 154.87 53.2 34.4 25.6 23.7 7 3 0.78 168.97 56033
154 HSBC Midcap 46.9 24.5 18.7 21.4 21 7 1.76 302.07 48.5 26.1 20.2 22.7 18 6 0.68 336.15 9206
155 ICICI Pru Midcap 42.2 27.8 21.1 20.9 15 9 1.89 236.08 43.4 29.0 22.3 22.0 15 10 1.01 261.35 5115
156 Invesco India Mid Cap 43.9 26.0 22.2 21.7 13 5 1.86 126.06 45.8 27.7 24.0 23.7 12 4 0.58 148.82 3968
157 ITI Mid Cap NR 55.1 - - - - 2.27 17.42 NR 58.0 - - - - 0.43 18.55 626
158 JM Midcap NR 58.5 - - - - 2.21 15.40 NR 61.6 - - - - 0.31 15.76 693
159 Kotak Emerging Equity 35.4 26.4 23.1 23.3 10 2 1.49 101.10 37.0 27.9 24.7 24.8 9 2 0.38 115.23 38520
160 LIC MF Midcap 42.2 21.9 17.9 - 22 2.50 23.15 43.4 23.0 19.0 - 22 1.57 25.49 236
161 Mahindra Manulife Mid Cap 56.4 32.6 24.9 - 6 2.01 27.26 58.9 34.8 26.9 - 5 0.50 30.20 1903
162 Mirae Asset Midcap 43.2 27.7 - - - 1.68 30.30 44.8 29.3 - - - 0.57 32.26 13815
163 Motilal Oswal Midcap 47.9 36.3 26.2 - 2 1.76 74.08 49.5 37.9 27.7 - 2 0.64 83.60 7411
164 Nippon Ind Growth 53.6 32.4 25.7 21.4 3 6 1.66 3269.33 54.8 33.4 26.6 22.3 6 7 0.86 3538.98 23495
165 PGIM Ind Midcap Opp 24.1 24.1 25.4 18.1 4 18 1.72 52.95 25.8 26.1 27.4 19.7 3 18 0.44 60.21 10043
166 Quant Mid Cap 51.9 38.3 29.7 19.9 1 1.86 201.58 53.8 41.1 32.0 21.0 1 0.76 222.49 4222
167 SBI Magnum Midcap 38.0 28.4 23.2 20.4 8 14 1.72 196.99 39.3 29.5 24.3 21.5 11 13 0.84 218.04 15458
168 Sundaram Midcap 48.5 27.7 19.7 20.4 17 13 1.78 1074.70 49.8 28.8 20.7 21.3 17 15 0.95 1159.17 9880
169 Tata Midcap Growth 50.1 27.7 23.2 22.0 9 4 1.94 361.17 51.8 29.2 24.8 23.2 8 5 0.79 403.40 3041
170 Taurus Mid Cap 48.3 27.9 22.4 21.3 12 8 2.56 112.67 48.8 28.3 22.8 21.8 13 12 2.20 118.22 113
S&P BSE 150 MidCap TRI 52.9 31.7 25.4 22.9
S&P BSE 500 TRI 33.4 21.8 18.5 16.8
S&P BSE Sensex TRI 22.1 17.1 16.0 14.8
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Equity: Mid Cap 44.6 27.6 22.5 21.0 22 18 46.3 29.0 23.9 22.2 22 18
171 Union Midcap 41.4 27.1 - - - 2.18 38.13 43.6 28.9 - - - 0.71 40.18 977
172 UTI Mid Cap 37.1 24.2 21.6 20.8 14 10 1.74 253.89 38.3 25.4 22.8 21.9 14 11 0.79 279.20 9789
173 WhiteOak Capital Mid Cap NR 50.9 - - - - 2.04 14.86 NR 53.5 - - - - 0.44 15.22 1427
Equity: Small Cap 49.2 34.2 26.7 23.7 17 9 51.1 36.0 28.2 25.0 17 9
174 ABSL Small Cap 45.9 27.2 18.4 19.0 17 9 1.85 75.32 47.5 28.5 19.7 20.2 17 9 0.73 84.29 5251
175 Axis Small Cap 40.9 31.5 27.8 24.6 5 4 1.63 89.05 42.4 33.4 29.6 26.2 5 3 0.53 101.29 18616
176 Bandhan Small Cap 69.4 33.3 - - - 1.82 35.41 71.9 35.5 - - - 0.28 37.88 3880
177 Bank of India Small Cap 49.9 34.8 31.6 - 2 2.24 39.13 52.0 37.0 33.9 - 2 0.77 42.70 845
178 Baroda BNP Paribas Small Cap NR - - - - - 2.04 11.72 NR - - - - - 0.19 11.78 1281
179 Canara Robeco Small Cap 40.2 35.7 - - - 1.72 33.79 42.1 37.9 - - - 0.48 36.67 9175
180 DSP Small Cap 47.0 32.7 26.2 25.0 10 3 1.72 164.76 48.3 33.9 27.3 26.0 10 4 0.78 178.71 13514
181 Edelweiss Small Cap 47.9 35.0 - - - 1.89 37.29 50.2 37.2 - - - 0.40 40.36 3002
182 Franklin India Smaller Companies 59.7 36.0 24.1 23.2 14 6 1.77 150.75 61.1 37.2 25.2 24.5 15 6 0.93 168.57 11398
183 HDFC Small Cap 54.1 37.9 24.0 22.2 15 1.60 121.98 55.5 39.2 25.2 23.5 14 0.61 136.91 26837
184 HSBC Small Cap 54.1 39.9 25.2 - 12 1.70 72.64 55.7 41.6 26.6 - 12 0.68 79.52 13231
185 ICICI Pru Smallcap 44.9 34.0 28.0 19.7 4 8 1.77 77.35 46.5 35.8 29.7 20.9 4 8 0.61 85.48 7092
186 Invesco India Smallcap 51.6 33.9 27.0 - 8 1.86 32.64 53.8 36.0 29.0 - 8 0.36 35.44 3461
187 ITI Small Cap 63.3 25.8 - - - 1.95 22.95 66.2 28.3 - - - 0.19 24.89 1986
188 Kotak Small Cap 39.2 30.2 27.4 23.4 6 5 1.65 223.60 40.9 32.0 29.1 25.1 7 5 0.43 257.96 14082
189 LIC MF Small Cap 44.0 33.7 23.4 - 16 2.50 25.74 45.3 35.0 24.7 - 16 1.53 28.31 194
190 Mahindra Manulife Small Cap NR 68.8 - - - - 1.83 16.74 NR 71.9 - - - - 0.15 17.09 3100
191 Motilal Oswal Small Cap NR - - - - - 2.10 10.36 NR - - - - - 0.63 10.37 -
192 Nippon Ind Small Cap 56.7 42.0 30.6 28.4 3 1 1.51 143.52 58.0 43.3 31.7 29.7 3 1 0.73 159.03 43816
193 PGIM Ind Small Cap NR 26.2 - - - - 2.07 13.50 NR 28.1 - - - - 0.49 14.12 1471
194 Quant Small Cap 64.9 48.5 36.4 20.5 1 1.69 235.51 66.7 50.8 37.9 21.3 1 0.77 252.39 13002
195 Quantum Small Cap NR - - - - - 2.10 10.80 NR - - - - - 0.60 10.84 34
196 SBI Small Cap 33.0 27.6 25.2 27.0 11 2 1.63 147.93 34.4 29.0 26.6 28.5 11 2 0.68 167.09 23717
197 Sundaram Small Cap 49.8 34.0 24.9 22.9 13 7 1.98 222.79 51.5 35.5 26.3 23.9 13 7 0.86 242.73 3008
198 Tata Small Cap 40.0 36.6 27.0 - 7 1.76 32.95 42.2 39.0 29.3 - 6 0.31 36.26 5819
199 Union Small Cap 48.5 32.2 26.9 - 9 2.13 42.78 50.3 33.5 28.0 - 9 0.87 46.42 1286
200 UTI Small Cap 41.0 29.7 - - - 1.85 21.71 43.0 32.0 - - - 0.42 22.92 3608
Equity: Value Oriented 41.6 25.8 19.7 18.6 17 13 43.2 27.2 21.1 19.7 16 13
201 ABSL Pure Value 52.9 27.7 17.9 19.5 13 6 1.89 111.24 54.2 28.9 19.1 20.7 12 6 1.01 123.70 5453
202 Axis Value NR 43.2 - - - - 2.45 14.82 NR 45.3 - - - - 1.04 15.33 429
203 Bandhan Sterling Value 39.9 32.1 21.9 19.7 5 5 1.78 128.49 41.4 33.5 23.2 20.9 3 5 0.66 143.44 7774
204 Baroda BNP Paribas Value NR - - - - - 1.98 12.79 NR - - - - - 0.13 12.92 1668
205 Canara Robeco Value NR 38.4 - - - - 2.16 15.58 NR 40.6 - - - - 0.66 16.21 1071
206 DSP Value 32.8 19.1 - - - 1.69 17.62 33.9 20.0 - - - 0.93 18.05 749
207 Groww Value 39.4 21.6 15.9 - 16 2.30 23.56 41.3 23.9 17.9 - 14 1.13 27.52 14
208 HDFC Capital Builder Value 35.3 23.0 16.5 17.0 14 11 1.84 600.49 36.4 24.1 17.6 18.1 15 11 0.98 662.60 6500
209 HSBC Value 47.5 29.5 21.6 21.8 6 1 1.74 89.42 48.9 30.8 22.8 22.9 6 1 0.77 98.44 10761
210 ICICI Pru Value Discovery 36.7 29.2 22.5 20.4 3 2 1.59 380.62 37.4 29.9 23.1 21.4 4 3 1.02 414.98 37570
S&P BSE 100 TRI 27.3 19.3 16.8 15.5
S&P BSE 150 MidCap TRI 52.9 31.7 25.4 22.9
S&P BSE 250 SmallCap TRI 60.3 34.8 25.0 20.0
S&P BSE Sensex TRI 22.1 17.1 16.0 14.8
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Equity: Value Oriented 41.6 25.8 19.7 18.6 17 13 43.2 27.2 21.1 19.7 16 13
211 Invesco India Contra 34.8 21.4 18.6 19.8 11 4 1.68 105.45 36.4 22.9 20.0 21.4 11 2 0.50 121.58 12974
212 ITI Value NR 45.6 - - - - 2.35 14.75 NR 48.4 - - - - 0.46 15.60 165
213 JM Value 60.5 32.1 24.2 22.0 2 2.49 86.95 61.7 33.0 25.1 23.1 2 1.39 95.77 406
214 Kotak India EQ Contra 42.2 25.4 20.2 17.5 8 10 1.96 124.40 44.2 27.1 21.9 19.1 8 9 0.65 143.92 2288
215 LIC MF Long Term Value 30.9 21.7 16.0 - 15 2.51 20.99 32.0 - - - - 1.60 22.22 103
216 Nippon Ind Value 50.2 29.2 22.3 19.5 4 7 1.89 187.28 51.3 30.1 23.1 20.3 5 7 1.23 202.92 6786
217 Quant Value NR 56.8 - - - - 2.16 17.60 NR 59.2 - - - - 0.76 18.29 997
218 Quantum LT Eqt Value 31.5 19.7 14.6 14.7 17 13 2.00 104.21 32.4 20.4 15.3 15.1 16 13 1.10 107.36 1009
219 SBI Contra 45.1 33.0 25.9 19.3 1 8 1.65 326.47 46.5 34.1 26.9 20.1 1 8 0.68 351.81 21482
220 Tata Eqt PE 43.5 24.6 18.7 19.9 10 3 1.81 295.84 44.9 25.9 20.1 21.1 10 4 0.83 328.42 6996
221 Templeton Ind Value 39.5 29.9 21.0 17.9 7 9 2.11 617.38 41.2 31.3 22.2 18.9 7 10 1.02 676.82 1672
222 Union Value 39.7 24.9 19.5 - 9 2.49 24.31 41.1 26.0 20.5 - 9 1.54 25.38 200
223 UTI Value 29.9 19.9 18.2 15.0 12 12 1.82 133.04 30.9 20.8 19.0 15.8 13 12 1.10 144.16 8468
Equity: ELSS 34.0 21.2 17.8 17.1 30 25 35.5 22.6 19.1 18.2 30 25
224 360 ONE ELSS Tax Saver Nifty 50 Index NR 23.3 - - - - 0.52 12.01 NR 23.6 - - - - 0.27 12.04 54
225 ABSL ELSS Tax Saver 25.8 11.5 10.5 15.0 30 22 1.69 188.23 26.8 12.4 11.5 16.0 30 23 0.95 55.01 14918
226 Axis ELSS Tax Saver 27.3 11.9 14.1 16.7 28 12 1.54 78.48 28.3 12.8 15.0 17.8 29 12 0.80 87.69 34300
227 Bandhan ELSS Tax Saver 34.3 26.6 20.8 18.7 3 5 1.76 133.98 35.8 28.0 22.2 20.2 3 4 0.59 151.41 5749
228 Bank of India ELSS Tax Saver 44.5 26.0 25.0 19.0 2 3 2.20 141.81 46.0 27.4 26.3 20.5 2 2 1.21 162.45 1040
229 Baroda BNP Paribas ELSS Tax Saver 36.2 18.9 17.2 16.0 15 16 2.26 77.80 37.8 20.3 18.5 17.1 15 14 1.08 86.16 824
230 Canara Robeco ELSS Tax Saver 28.7 19.0 18.9 17.2 10 11 1.73 44.38 30.3 20.5 20.3 18.3 9 10 0.57 160.68 7033
231 DSP ELSS Tax Saver 34.8 23.2 20.2 19.0 6 4 1.65 111.07 36.0 24.4 21.4 20.0 5 5 0.68 121.71 13583
232 Edelweiss ELSS Tax Saver 31.3 19.2 15.9 14.9 23 24 2.34 91.85 33.5 21.2 17.9 16.4 19 20 0.64 106.06 295
233 Franklin India ELSS Tax Saver 38.6 24.3 17.9 17.3 12 10 1.83 1225.63 39.8 25.3 18.9 18.3 13 9 1.09 1350.98 5962
234 Groww ELSS Tax Saver 33.4 18.0 14.3 - 27 2.25 17.62 35.4 20.5 16.4 - 24 0.85 19.51 42
235 HDFC ELSS Tax Saver 38.7 27.0 17.7 16.3 13 14 1.74 1118.07 39.5 27.8 18.4 17.0 16 16 1.14 1196.59 13086
236 HSBC ELSS Tax Saver 35.6 19.9 15.6 16.0 24 17 1.92 105.20 36.7 20.9 16.4 16.8 25 18 1.11 113.37 3557
237 ICICI Pru ELSS Tax Saver 28.9 20.2 16.8 16.3 18 13 1.72 764.65 29.6 21.0 17.6 17.4 20 13 1.03 840.82 12395
238 Invesco India ELSS Tax Saver 39.3 18.5 16.9 17.6 17 8 1.93 104.93 40.9 20.0 18.3 19.2 18 7 0.73 122.03 2459
239 ITI ELSS Tax Saver 45.3 19.9 - - - 2.30 20.25 48.0 22.3 - - - 0.48 22.13 251
240 JM ELSS Tax Saver 40.8 23.0 20.2 19.2 5 2 2.41 39.47 42.2 24.1 21.3 20.5 7 3 1.26 44.26 107
241 Kotak ELSS Tax Saver 28.7 21.2 18.4 18.1 11 6 1.78 95.61 30.3 22.8 20.0 19.6 10 6 0.55 110.10 4691
242 LIC MF ELSS Tax Saver 27.5 17.1 14.0 15.8 29 19 2.22 122.61 29.0 18.5 15.4 17.0 27 15 1.22 137.44 1021
243 Mahindra Manulife ELSS Tax Saver 31.3 22.6 17.6 - 14 2.22 24.70 33.4 24.6 19.6 - 12 0.63 28.31 756
244 Mirae Asset ELSS Tax Saver 31.7 20.6 19.6 - 8 1.58 40.43 33.1 22.1 21.2 - 8 0.59 45.10 20431
245 Motilal Oswal ELSS Tax Saver 46.1 24.4 19.7 - 7 1.85 39.03 47.9 25.9 21.3 - 6 0.65 43.94 2921
246 Navi ELSS Tax Saver Nifty 50 Index NR - - - - - 1.00 12.74 NR - - - - - 0.10 12.88 30
247 Nippon Ind ELSS Tax Saver 34.6 24.7 15.3 16.1 25 15 1.72 106.53 35.5 25.6 16.1 17.0 26 17 1.08 115.79 14028
248 NJ ELSS Tax Saver Scheme NR - - - - - 2.33 13.35 NR - - - - - 0.50 13.50 154
249 Parag Parikh ELSS Tax Saver 29.8 23.1 - - - 1.83 25.86 31.2 24.6 - - - 0.73 27.35 2563
250 PGIM Ind ELSS Tax Saver 20.3 19.6 16.7 - 19 2.29 29.31 22.1 21.3 18.3 - 17 0.73 32.81 634
251 Quant ELSS Tax Saver Fund 47.1 35.1 30.9 26.2 1 1 1.78 343.37 48.8 37.4 33.0 27.4 1 1 0.76 378.24 6416
252 Quantum ELSS Tax Saver 31.3 19.8 14.8 14.8 26 25 2.00 103.74 32.3 20.5 15.4 15.2 28 25 0.90 106.99 159
S&P BSE 100 TRI 27.3 19.3 16.8 15.5
S&P BSE 500 TRI 33.4 21.8 18.5 16.8
S&P BSE Sensex TRI 22.1 17.1 16.0 14.8
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Equity: ELSS 34.0 21.2 17.8 17.1 30 25 35.5 22.6 19.1 18.2 30 25
253 Samco ELSS Tax Saver NR 33.7 - - - - 2.34 13.48 NR 35.7 - - - - 0.89 13.71 82
254 SBI LT Eqt 50.2 27.2 20.8 17.5 4 9 1.68 352.21 51.3 28.1 21.6 18.3 4 11 0.98 376.98 18715
255 Shriram ELSS Tax Saver 36.6 18.2 - - - 2.65 20.65 38.9 20.3 - - - 0.90 22.64 44
256 Sundaram ELSS Tax Saver 26.1 19.9 16.3 15.6 21 20 2.24 422.24 26.8 20.5 16.9 16.2 23 21 1.65 447.88 1193
257 Tata ELSS Tax Saver 28.3 20.2 17.1 17.8 16 7 1.84 90.04 29.8 21.6 18.7 19.2 14 8 0.73 194.60 3955
258 Taurus ELSS Tax Saver 36.5 20.8 16.1 15.8 22 18 2.45 159.93 37.4 21.6 17.0 16.7 22 19 1.88 172.74 71
259 Union ELSS Tax Saver 32.4 21.8 19.2 15.0 9 23 2.33 55.28 33.6 22.8 20.0 15.7 11 24 1.46 59.24 789
260 UTI ELSS Tax Saver 27.6 17.0 16.4 15.1 20 21 1.89 175.95 28.9 18.2 17.5 16.1 21 22 0.85 194.08 3492
261 WhiteOak Capital ELSS Tax Saver NR 37.9 - - - - 2.33 13.56 NR 40.3 - - - - 0.71 13.88 125
Equity: Sectoral-Banking 26.2 18.1 14.0 17.1 11 8 27.8 19.5 15.3 18.3 11 8
262 ABSL Banking & Financial Srvcs 27.3 18.4 14.0 18.5 7 1 1.99 50.20 28.5 19.6 15.1 19.6 5 2 1.03 55.54 3062
263 Bandhan Financial Services NR - - - - - 2.31 12.05 NR - - - - - 0.59 12.16 693
264 Baroda BNP Paribas Banking & Fin Srvcs 26.2 15.3 12.6 15.3 8 7 2.46 38.45 27.7 16.5 13.6 16.3 8 8 1.26 42.14 112
265 DSP Banking & Financial Services NR - - - - - 2.34 10.14 NR - - - - - 0.89 10.16 516
266 HDFC Banking & Financial Services NR 25.6 - - - - 1.93 13.85 NR 27.4 - - - - 0.63 14.45 3157
267 ICICI Pru Banking & Financial Services 19.4 17.1 12.1 18.1 9 3 1.85 104.59 20.4 18.1 13.0 19.3 10 3 1.02 116.38 7447
268 Invesco India Financial Services 35.3 19.2 15.7 18.4 2 2 2.36 106.92 37.1 20.8 17.2 20.2 3 1 1.05 125.34 667
269 ITI Banking and Financial Services NR 20.1 - - - - 2.34 12.51 NR 22.4 - - - - 0.44 13.09 257
270 Kotak Banking & Financial Services NR - - - - - 2.27 12.39 NR - - - - - 0.69 12.59 822
271 LIC MF Banking & Financial Services 20.7 14.7 11.7 - 10 2.51 18.43 22.3 16.5 13.2 - 9 1.20 20.33 308
272 Mirae Asset Banking and Fin Srvcs 25.4 17.4 - - - 2.08 16.38 27.3 19.3 - - - 0.60 17.24 1602
273 Nippon Ind Banking & Fin Srvices 28.0 24.1 14.1 17.8 5 5 1.92 501.71 29.0 25.1 15.0 18.7 6 5 1.13 541.70 5192
274 Quant BFSI NR - - - - - 2.39 15.04 NR - - - - - 0.77 15.20 272
275 SBI Banking & Fin Srvices 28.4 16.9 14.9 - 4 1.87 32.67 29.8 18.3 16.2 - 4 0.77 35.90 4828
276 Sundaram Fin Srvices Opp 37.1 21.9 18.3 18.0 1 4 2.19 87.58 39.1 23.7 19.7 19.2 1 4 0.80 96.91 1085
277 Tata Banking & Fin Srvcs 25.0 17.1 15.5 - 3 2.01 34.61 26.9 19.0 17.4 - 2 0.51 39.45 1939
278 Taurus Banking & Fin Srvices 21.3 16.4 14.1 15.7 6 6 2.45 45.42 22.2 17.3 14.9 16.9 7 6 1.76 50.20 10
279 UTI Banking & Fin Srvces 27.9 18.1 11.4 15.2 11 8 2.25 156.33 29.2 19.4 12.6 16.4 11 7 1.16 175.49 1002
Equity: Sectoral-Infrastructure 57.4 36.7 24.6 20.2 19 18 58.8 37.9 25.7 21.3 19 18
280 ABSL Infrastructure 51.6 34.0 22.6 18.9 14 15 2.35 80.17 52.9 35.1 23.5 19.8 14 15 1.49 87.26 870
281 Bandhan Infrastructure 66.6 39.1 24.6 18.9 9 14 2.27 40.77 68.6 40.8 26.1 20.5 9 13 1.08 46.79 882
282 Bank of India Manufacturing & Infra 52.9 33.4 27.1 20.2 3 11 2.43 46.06 54.7 35.0 28.7 21.8 3 6 0.97 52.72 188
283 Canara Robeco Infrastructure 50.5 34.6 23.8 20.0 12 12 2.47 122.00 52.3 36.2 25.1 21.1 12 12 1.19 134.61 442
284 DSP T.I.G.E.R. 57.6 38.3 25.4 20.9 7 6 1.99 255.39 58.9 39.4 26.4 21.7 7 7 1.06 273.65 3023
285 Franklin Build India 63.7 37.2 24.5 23.8 10 2 2.10 115.70 65.5 38.6 25.8 25.3 11 2 1.10 131.05 1879
286 HDFC Infrastructure 68.1 41.7 21.1 16.6 17 18 2.19 39.85 69.4 42.7 22.0 17.5 16 18 1.29 43.44 1311
287 HSBC Infrastructure 57.8 36.3 22.1 21.1 15 5 2.07 39.32 59.4 37.0 23.1 22.4 15 5 1.03 43.54 2110
288 ICICI Pru Infrastructure 55.7 43.8 27.1 20.3 4 10 1.94 155.39 56.6 44.7 27.8 21.1 4 11 1.16 166.75 4148
289 Invesco India Infrastructure 62.9 36.7 27.1 22.4 2 3 2.26 52.25 65.2 38.6 28.9 24.3 2 3 0.85 61.57 772
290 Kotak Infrastructure and Economic Reform 46.3 36.9 24.4 21.4 11 4 2.08 54.17 48.4 38.8 26.1 23.1 10 4 0.67 62.66 1361
291 LIC MF Infrastructure 58.6 35.1 23.2 17.3 13 17 2.52 37.08 60.2 36.6 24.5 18.6 13 16 1.49 41.55 157
292 Nippon Ind Power & Infra 69.8 40.7 26.9 20.5 5 8 1.99 292.38 70.9 41.6 27.6 21.2 5 8 1.26 312.64 3461
S&P BSE 500 TRI 33.4 21.8 18.5 16.8
S&P BSE Bankex TRI 13.8 15.2 11.6 16.8
S&P BSE India Infrastructure TRI 99.9 49.1 28.4 19.2
S&P BSE Sensex TRI 22.1 17.1 16.0 14.8
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Equity: Sectoral-Infrastructure 57.4 36.7 24.6 20.2 19 18 58.8 37.9 25.7 21.3 19 18
293 Quant Infrastructure 58.3 45.7 34.4 24.6 1 1 2.08 35.92 60.7 47.6 36.1 25.5 1 1 0.77 38.72 1322
294 SBI Infrastructure 59.5 36.6 25.8 20.5 6 7 2.14 43.39 60.2 37.3 26.5 21.2 6 10 1.56 46.27 1801
295 Sundaram Infra Advtg 49.8 31.5 21.4 18.6 16 2.46 78.24 50.6 32.2 22.0 19.2 17 1.92 82.91 828
296 Tata Infrastructure 58.1 36.4 25.2 20.4 8 9 2.16 155.09 59.4 37.6 26.2 21.2 8 9 1.29 166.25 1561
297 Taurus Infrastructure 53.3 29.7 20.8 19.1 18 13 2.49 59.58 54.0 30.2 21.3 19.9 18 14 2.14 63.48 8
298 UTI Infrastructure 49.2 29.1 20.4 17.4 19 16 2.21 121.76 49.7 29.5 20.8 17.8 19 17 1.91 127.25 1924
Equity: Sectoral-Pharma 47.0 17.7 23.0 15.5 7 3 48.9 19.2 24.5 16.6 7 3
299 ABSL Pharma & Healthcare 51.7 17.1 - - - 2.38 25.31 53.9 18.8 - - - 1.03 27.25 585
300 DSP Healthcare 44.9 18.3 25.2 - 1 2.01 31.11 46.8 20.0 27.1 - 1 0.64 33.67 2023
301 HDFC Pharma And Healthcare NR - - - - - 2.38 12.01 NR - - - - - 1.10 12.06 648
302 ICICI Pru Pharma Healthcare and Diagnost 54.7 19.5 24.2 - 2 1.97 28.96 56.0 20.6 25.5 - 3 1.05 30.81 3361
303 ITI Pharma and Healthcare NR 41.1 - - - - 2.34 13.02 NR 44.1 - - - - 0.43 13.65 143
304 Kotak Healthcare NR - - - - - 2.37 10.73 NR - - - - - 0.70 10.75 214
305 LIC MF Healthcare 38.2 12.2 - - - 2.44 22.60 39.9 13.6 - - - 1.21 24.22 55
306 Mirae Asset Healthcare 44.5 18.8 23.8 - 3 2.00 30.12 46.7 20.6 25.8 - 2 0.52 32.87 2035
307 Nippon Ind Pharma 51.3 19.5 22.4 17.3 5 1 1.85 416.73 52.6 20.6 23.5 18.3 5 1 0.97 458.08 6470
308 Quant Healthcare NR - - - - - 2.39 13.26 NR - - - - - 0.77 13.38 192
309 SBI Healthcare Opp 47.7 19.0 22.1 15.3 6 2 2.06 325.03 49.3 20.2 23.4 16.6 6 2 0.98 366.53 2263
310 Tata India Pharma & Healthcare 47.5 18.3 22.4 - 4 2.27 24.01 49.6 20.1 24.3 - 4 0.85 27.32 760
311 UTI Healthcare 48.9 16.8 20.8 13.8 7 3 2.32 216.45 50.4 18.0 22.1 14.9 7 3 1.34 240.56 870
Equity: Sectoral-Technology 36.4 21.1 23.8 17.9 5 4 37.8 22.6 25.2 18.9 5 4
312 ABSL Digital India NR 35.5 22.3 25.5 19.2 1 1 1.87 161.44 NR 37.0 23.8 26.9 20.3 1 1 0.76 178.80 4590
313 Franklin India Technology NR 50.7 18.6 22.8 16.3 5 4 2.19 443.05 NR 52.4 19.8 24.0 17.2 5 4 1.24 480.48 1190
314 HDFC Tech NR - - - - - 2.29 11.38 NR - - - - - 1.03 11.44 854
315 ICICI Pru Technology NR 30.2 21.3 24.1 18.7 2 2 1.74 177.59 NR 31.2 22.6 25.3 19.7 3 2 0.87 195.19 11874
316 Quant Teck NR - - - - - 2.39 11.84 NR - - - - - 0.77 11.91 234
317 SBI Tech Opp NR 26.1 21.9 23.3 17.3 4 3 1.92 109.20 NR 27.5 23.3 24.6 18.5 4 3 0.84 203.40 3586
318 Tata Digital Ind NR 33.5 21.6 23.4 - 3 1.69 42.85 NR 35.4 23.6 25.4 - 2 0.31 48.99 9272
319 Tata Nifty Ind Digital ETF FoF NR 42.5 - - - - 0.49 12.28 NR 43.1 - - - - 0.07 12.39 45
Equity: Thematic 37.6 23.4 19.3 16.8 15 8 39.2 24.7 20.4 17.7 15 8
320 360 ONE Quant NR 55.9 - - - - 1.58 15.70 NR 57.7 - - - - 0.43 16.10 97
321 ABSL Business Cycle NR 26.0 - - - - 2.10 12.85 NR 27.5 - - - - 0.96 13.27 1551
322 ABSL Manufacturing Equity NR 39.0 19.1 15.9 - 13 2.38 26.52 NR 40.2 20.2 16.9 - 13 1.50 28.76 819
323 ABSL Special Opportunities NR 35.3 20.3 - - - 2.41 20.09 NR 37.0 22.2 - - - 1.23 21.17 686
324 ABSL Transportation and Logistics NR - - - - - 2.18 11.43 NR - - - - - 0.59 11.47 927
325 Axis Business Cycles NR - - - - - 1.96 13.66 NR - - - - - 0.52 13.85 2654
326 Axis India Manufacturing NR - - - - - 1.84 10.57 NR - - - - - 0.26 10.59 3521
327 Axis Quant NR 37.0 - - - - 2.21 14.66 NR 39.2 - - - - 0.73 15.30 992
328 Axis Special Situations NR 27.8 13.5 - - - 2.18 14.48 NR 29.5 15.2 - - - 0.86 15.17 1195
329 Bandhan Transportation and Logistics NR 44.6 - - - - 2.38 14.63 NR 47.0 - - - - 0.70 14.95 386
330 Baroda BNP Paribas Business Cycle NR 36.5 - - - - 2.46 13.55 NR 38.2 - - - - 1.21 14.04 397
S&P BSE 500 TRI 33.4 21.8 18.5 16.8
S&P BSE Healthcare TRI 51.4 18.6 20.3 13.5
S&P BSE India Infrastructure TRI 99.9 49.1 28.4 19.2
S&P BSE IT TRI 28.6 16.8 21.9 17.0
S&P BSE Sensex TRI 22.1 17.1 16.0 14.8
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Equity: Thematic 37.6 23.4 19.3 16.8 15 8 39.2 24.7 20.4 17.7 15 8
331 DSP Quant NR 20.7 12.0 - - - 1.27 18.72 NR 21.6 12.8 - - - 0.55 19.38 1322
332 Edelweiss Recently Listed IPO NR 41.1 19.9 22.8 - - 2.30 22.86 NR 43.0 21.4 23.8 - - 1.22 24.03 922
333 Franklin India Opportunities NR 66.0 27.3 22.7 19.5 4 1 1.94 193.11 NR 67.5 28.3 23.7 20.4 3 1 0.45 209.00 2135
334 HDFC Business Cycle NR 33.7 - - - - 1.94 12.87 NR 35.6 - - - - 0.55 13.09 2971
335 HDFC Defence NR - - - - - 2.08 15.61 NR - - - - - 0.81 15.74 1849
336 HDFC Housing Opportunities NR 49.6 28.9 18.0 - 12 2.19 20.15 NR 51.1 30.2 19.0 - 12 1.22 21.47 1339
337 HDFC Transportation and Logistics NR - - - - - 2.38 12.30 NR - - - - - 1.08 12.37 668
338 HSBC Business Cycles NR 40.8 25.7 18.9 - 8 2.41 33.27 NR 42.3 27.0 20.1 - 6 1.34 36.03 708
339 ICICI Pru Business Cycle NR 39.9 25.0 - - - 1.80 19.36 NR 41.4 26.7 - - - 0.80 20.15 7616
340 ICICI Pru Commodities NR 33.9 37.4 - - - 2.08 36.36 NR 35.5 39.3 - - - 1.10 38.67 1878
341 ICICI Pru Exports & Services NR 33.7 24.0 19.3 16.6 6 4 2.29 130.52 NR 34.5 24.6 20.0 17.4 8 4 1.58 140.85 1179
342 ICICI Pru FMCG NR 19.1 19.8 14.4 14.8 15 8 2.18 456.96 NR 20.1 20.8 15.3 15.7 15 8 1.23 497.34 1536
343 ICICI Pru Housing Opportunities NR 34.6 - - - - 2.01 14.46 NR 36.5 - - - - 0.86 14.85 2513
344 ICICI Pru India Opportunities NR 40.6 35.2 23.0 - 2 1.66 28.20 NR 42.2 36.9 24.7 - 1 0.56 30.27 15205
345 ICICI Pru Innovation NR - - - - - 1.89 14.15 NR - - - - - 0.66 14.29 3622
346 ICICI Pru Manufacturing NR 53.4 33.3 23.2 - 1 1.98 28.34 NR 54.8 34.4 24.5 - 2 0.77 30.02 2292
347 ICICI Pru Quant NR 30.2 23.6 - - - 1.23 18.68 NR 31.0 24.4 - - - 0.58 19.09 69
348 ICICI Pru Thematic Advantage (FOF) NR 30.0 25.6 20.5 16.4 - 1.49 176.62 NR 31.4 26.9 21.5 - - 0.41 185.47 1440
349 ICICI Pru Transportation and Logistics NR 47.4 - - - - 1.99 14.70 NR 49.5 - - - - 0.76 14.98 2572
350 Kotak Business Cycle NR 25.8 - - - - 1.93 12.34 NR 27.8 - - - - 0.30 12.62 2490
351 Kotak Manufacture in India NR 35.4 - - - - 2.04 14.98 NR 37.6 - - - - 0.50 15.48 1581
352 Kotak Pioneer NR 36.5 20.5 - - - 1.90 23.82 NR 38.5 22.4 - - - 0.49 25.55 2085
353 Kotak Quant NR - - - - - 1.26 13.16 NR - - - - - 1.16 13.17 359
354 Mahindra Manulife Business Cycle NR - - - - - 2.29 12.21 NR - - - - - 0.39 12.30 591
355 Mahindra Manulife Consumption NR 34.4 20.8 14.5 - 14 2.38 19.20 NR 36.6 22.8 16.4 - 14 0.74 20.98 124
356 Mirae Asset Nifty Ind Manftng ETF FoF NR 35.6 - - - - 0.46 14.23 NR 36.1 - - - - 0.11 14.35 64
357 Nippon Ind Innovation NR - - - - - 2.17 11.63 NR - - - - - 0.89 11.69 1172
358 Nippon Ind Quant NR 41.1 25.7 19.1 15.0 7 7 0.99 58.96 NR 41.8 26.6 20.0 15.8 7 7 0.51 63.40 52
359 Quant Business Cycle NR - - - - - 2.19 14.98 NR - - - - - 0.77 15.15 930
360 Quant Commodities NR - - - - - 2.39 10.85 NR - - - - - 0.77 10.87 -
361 Quant Manufacturing NR - - - - - 2.39 13.73 NR - - - - - 0.77 13.84 333
362 Quant Momentum NR - - - - - 2.31 12.61 NR - - - - - 0.77 12.65 356
363 Quant Quantamental NR 52.8 - - - - 2.07 20.99 NR 55.2 - - - - 0.75 21.99 1387
364 Samco Active Momentum NR - - - - - 2.33 13.25 NR - - - - - 0.88 13.36 501
365 SBI Eqt Minimum Variance NR 31.3 20.6 - - - 0.74 21.72 NR 31.7 21.1 - - - 0.41 22.12 180
366 SBI Magnum COMMA NR 38.1 26.5 22.8 18.2 3 3 2.57 91.91 NR 38.8 27.2 23.5 19.0 5 3 2.01 98.50 543
367 Sundaram Services NR 32.7 24.6 22.0 - 5 1.96 27.80 NR 34.2 26.3 23.5 - 4 0.82 29.59 3211
368 Tata Business Cycle NR 43.2 - - - - 2.00 16.46 NR 45.6 - - - - 0.37 17.17 1674
369 Tata Ethical NR 28.7 20.2 18.5 15.3 9 6 2.01 352.88 NR 30.3 21.6 19.9 16.5 9 6 0.78 395.59 2197
370 Tata Hsng Opp NR 39.9 - - - - 2.37 13.73 NR 42.3 - - - - 0.69 14.09 521
371 Tata Quant NR 27.8 13.5 - - - 2.39 13.27 NR 29.8 15.3 - - - 0.89 14.19 57
372 Taurus Ethical NR 40.8 20.1 18.1 15.9 11 5 2.45 114.91 NR 42.6 21.3 19.4 16.9 11 5 1.39 126.96 137
373 Union Innovation & Opp NR - - - - - 2.35 10.86 NR - - - - - 0.79 10.92 567
374 UTI Innovation NR - - - - - 2.37 10.93 NR - - - - - 0.96 10.98 550
375 UTI Transportation & Logistics NR 42.5 25.3 18.4 18.8 10 2 1.95 216.30 NR 44.1 26.8 19.8 20.2 10 2 0.79 243.92 2753
S&P BSE 500 TRI 33.4 21.8 18.5 16.8
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Equity: Thematic-Dividend Yield 41.6 27.1 20.4 16.9 5 4 43.2 28.4 21.3 17.7 5 4
376 ABSL Dividend Yield NR 47.3 29.8 21.4 16.4 3 3 2.26 401.26 NR 48.4 30.8 22.2 17.3 3 3 1.49 435.54 1207
377 HDFC Dividend Yield NR 43.9 29.8 - - - 1.85 21.85 NR 45.9 31.9 - - - 0.45 22.93 4369
378 ICICI Pru Dividend Yield Equity NR 45.0 33.6 21.8 - 2 1.90 42.41 NR 47.0 35.4 23.2 - 1 0.53 46.41 3210
379 LIC MF Dividend Yield NR 42.3 22.7 - - - 2.49 24.41 NR 43.7 23.9 - - - 1.44 25.95 104
380 SBI Dividend Yld NR - - - - - 1.82 13.06 NR - - - - - 0.76 13.19 6164
381 Sundaram Dividend Yld NR 39.2 23.1 19.0 17.7 4 2 2.32 120.90 NR 40.9 24.2 19.9 18.4 4 2 0.97 129.53 727
382 Tata Dividend Yld NR 40.1 - - - - 2.26 15.67 NR 42.8 - - - - 0.52 16.47 749
383 Templeton Ind Eqt Incm NR 38.2 28.7 22.2 18.0 1 1 2.15 120.97 NR 39.4 29.7 23.2 18.9 2 1 1.40 130.81 1881
384 UTI Dividend Yld NR 36.6 22.0 17.5 15.5 5 4 2.01 141.07 NR 37.4 22.8 18.1 16.2 5 4 1.42 150.94 3518
Equity: Thematic-MNC 26.1 16.6 12.4 16.1 3 3 27.2 17.7 13.3 17.1 3 3
385 ABSL MNC NR 28.6 10.8 9.6 15.6 3 3 1.99 1162.18 NR 29.5 11.6 10.5 16.6 3 3 1.23 1280.24 3590
386 HDFC MNC NR - - - - - 2.44 12.47 NR - - - - - 1.24 12.60 518
387 ICICI Pru MNC NR 28.6 21.7 - - - 2.14 24.43 NR 30.2 23.3 - - - 1.04 26.03 1554
388 SBI Magnum Global NR 21.8 18.5 15.9 16.9 1 1 1.87 346.34 NR 22.7 19.4 16.8 17.8 1 1 1.18 377.82 6515
389 UTI MNC NR 25.3 15.5 11.6 15.9 2 2 2.01 337.18 NR 26.3 16.5 12.6 16.9 2 2 1.14 370.95 2729
Equity: Thematic-Energy 35.6 27.7 22.2 20.7 2 1 37.4 29.5 23.9 21.7 2 1
390 DSP Natural Resources and New Energy NR 34.7 29.5 20.9 20.7 2 1 2.23 78.00 NR 36.1 31.0 22.1 21.7 2 1 1.13 85.38 869
391 Tata Resrcs & Energy NR 36.4 25.9 23.6 - 1 2.40 38.29 NR 38.6 27.9 25.6 - 1 0.82 43.88 371
Equity: Thematic-PSU 74.7 43.2 25.0 17.5 2 2 77.1 45.2 26.3 18.8 2 2
392 ABSL PSU Equity NR 82.6 46.8 - - - 1.95 30.75 NR 85.1 49.2 - - - 0.58 32.96 1937
393 ICICI Pru PSU Equity NR 70.0 - - - - 2.03 17.60 NR 72.8 - - - - 0.67 17.99 1874
394 Invesco India PSU Equity NR 70.1 38.4 25.9 20.0 1 1 2.34 51.48 NR 72.5 40.4 27.6 21.7 1 1 1.06 59.95 697
395 SBI PSU NR 76.0 44.3 24.0 15.0 2 2 2.16 27.58 NR 77.9 45.8 25.1 15.9 2 2 1.02 29.88 1159
Equity: Thematic-Consumption 32.6 21.2 17.9 17.3 9 7 34.1 22.7 19.3 18.4 9 7
396 ABSL India GenNext 28.0 19.7 17.8 18.7 6 2 1.90 177.68 29.5 21.1 19.2 20.0 6 3 0.85 200.02 4616
397 Baroda BNP Paribas India Consmpn 32.0 19.9 19.6 - 2 2.15 26.02 33.9 21.6 21.4 - 2 0.72 28.21 1176
398 Canara Robeco Consumer Trends 31.4 20.7 19.0 19.6 3 1 2.14 89.60 33.0 22.3 20.6 21.0 3 1 0.90 101.15 1328
399 HDFC Non-Cyclical Consumer NR - - - - - 2.42 11.66 NR - - - - - 1.15 11.75 605
400 HSBC Consumption NR - - - - - 2.20 11.55 NR - - - - - 0.81 11.61 1087
401 ICICI Pru Bharat Consumption 37.0 22.7 - - - 2.09 21.66 38.1 24.0 - - - 1.16 22.96 2172
402 Kotak Consumption NR - - - - - 2.38 10.75 NR - - - - - 0.71 10.79 434
403 Mirae Asset Great Consumer 35.3 22.6 18.4 18.6 5 3 1.90 77.78 37.3 24.5 20.3 20.3 4 2 0.44 90.78 3084
404 Nippon Ind Consmpn 32.8 24.9 21.6 16.4 1 6 2.39 165.37 34.3 26.4 22.8 17.5 1 6 1.16 182.11 645
405 Quant Consmpn NR - - - - - 2.39 10.06 NR - - - - - 0.77 10.06 -
406 SBI Consmpn Opp 32.7 26.0 19.0 17.5 4 4 2.10 163.40 34.1 27.4 20.3 18.8 5 4 1.02 304.83 1913
407 Sundaram Consmpn 32.5 19.7 15.3 17.3 8 5 2.23 80.44 33.6 20.8 16.3 18.2 8 5 1.36 87.06 1394
408 Tata Ind Consumer 37.6 21.1 16.6 - 7 2.07 36.10 39.4 22.7 18.3 - 7 0.80 40.78 1861
409 UTI Ind Consumer 26.5 15.1 14.0 12.8 9 7 2.48 47.22 27.5 15.9 14.7 13.4 9 7 1.57 50.41 560
Equity: International 14.1 3.1 8.3 6.3 31 21 15.0 3.9 9.1 7.5 31 19
410 ABSL Global Emerging Opp NR 13.3 6.2 11.8 5.0 11 13 1.13 21.66 NR 13.9 6.7 12.3 5.3 11 14 0.58 22.49 255
411 ABSL Global Excellence Equity FoF NR 30.0 12.9 7.3 6.1 17 9 1.28 27.74 NR 30.8 13.5 7.9 6.6 18 10 0.68 29.24 172
S&P BSE 500 TRI 33.4 21.8 18.5 16.8
S&P BSE Con. Dis. Goods & Ser. TRI 46.6 23.6 19.4 18.9
S&P BSE Energy TRI 46.8 29.4 23.6 20.9
S&P BSE PSU TRI 84.4 50.8 25.2 16.0
S&P BSE Sensex TRI 22.1 17.1 16.0 14.8
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Equity: International 14.1 3.1 8.3 6.3 31 21 15.0 3.9 9.1 7.5 31 19
412 ABSL International Equity NR 2.7 5.2 9.1 7.4 14 8 2.53 31.51 NR 3.4 6.0 9.9 8.0 14 8 1.95 33.71 204
413 ABSL NASDAQ 100 FOF NR 44.2 - - - - 0.69 11.67 NR 44.6 - - - - 0.33 11.78 336
414 Axis Global Equity Alpha FoF NR 18.1 11.2 - - - 1.60 14.91 NR 19.4 12.5 - - - 0.74 15.51 892
415 Axis Global Innovation FoF NR 22.7 - - - - 1.58 11.14 NR 24.1 - - - - 0.58 11.50 641
416 Axis Greater China Eqt FoF NR -26.5 - - - - 1.58 5.86 NR -25.6 - - - - 0.62 6.07 109
417 Axis NASDAQ 100 FoF NR 43.6 - - - - 0.66 15.23 NR 44.2 - - - - 0.22 15.31 144
418 Bandhan US Equity FoF NR 35.0 - - - - 1.58 11.95 NR 36.3 - - - - 0.48 12.28 281
419 Baroda BNP Paribas Aqua FoF NR 8.5 - - - - 1.60 11.35 NR 9.7 - - - - 0.54 11.69 71
420 DSP Global Allocation FoF NR 9.7 4.3 8.9 - 15 2.04 18.46 NR 10.4 5.0 9.5 - 15 1.39 19.36 58
421 DSP Global Innovation FoF NR 39.6 - - - - 2.04 12.42 NR 40.8 - - - - 1.06 12.65 674
422 DSP US Flexible Equity NR 19.1 13.0 16.0 13.0 2 2 2.34 50.04 NR 20.1 14.0 17.0 13.8 4 3 1.50 54.19 817
423 DSP World Agriculture NR -10.4 -6.1 2.3 2.5 27 18 2.30 17.89 NR -10.0 -5.9 2.6 2.8 28 17 1.76 18.51 18
424 DSP World Energy NR -0.1 6.6 5.8 2.1 21 19 2.15 17.12 NR 0.5 7.3 6.4 2.5 21 18 1.55 17.87 147
425 DSP World Gold FoF NR -9.6 -5.2 5.8 3.3 20 17 2.35 15.76 NR -9.0 -4.6 6.5 3.9 20 16 1.71 16.69 784
426 DSP World Mining NR -13.6 7.6 13.1 5.8 7 11 2.17 15.35 NR -13.1 8.3 13.7 6.4 7 11 1.51 16.37 164
(GHOZHLVV$6($1(TXLW\26KRUH 15 15
(GHOZHLVV(PHUJLQJ0DUNHW2SS(TW2VKU15 15
(GHOZHLVV(XURSH'\QDPLF(TXLW\2VKU 15 15
(GHOZHLVV*UHDWHU&KLQD(TXLW\2VKRUH 15 15
431 Edelweiss US Technology Equity FoF NR 53.5 5.6 - - - 1.56 21.10 NR 54.9 6.6 - - - 0.67 21.93 2116
(GHOZHLVV869DOXH(TW2VKU 15 15
433 Franklin Asian Equity NR -12.3 -9.7 2.3 5.3 26 12 2.55 23.59 NR -11.4 -9.0 3.0 6.1 26 12 1.78 25.48 249
434 Franklin India Feeder Franklin US Opp NR 33.2 5.9 15.1 12.8 5 3 1.52 58.41 NR 34.5 7.0 16.2 13.9 5 2 0.52 65.10 3291
435 Franklin India Feeder Templtn Europn Opp NR 2.0 3.1 0.3 - 29 1.35 9.68 NR 2.9 4.0 1.2 - 29 0.52 10.77 17
436 HDFC Developed World Indexes FoF NR 19.6 - - - - 0.69 12.06 NR 20.1 - - - - 0.28 12.21 1151
+6%&$VLD3DFLȴF ([-DSDQ 'LYLGHQG<OG 15 15
438 HSBC Brazil NR 11.3 1.6 -4.7 -0.5 31 21 1.57 7.55 NR 12.0 2.4 -4.0 - 31 1.00 8.19 45
439 HSBC Global Emerging Markets NR -7.0 -8.1 2.5 4.1 24 16 1.54 16.11 NR -6.4 -7.4 3.2 - 24 0.83 17.45 30
440 HSBC Global Equity Climate Change FoF NR 4.0 - - - - 1.46 9.41 NR 4.7 - - - - 0.81 9.62 185
441 ICICI Pru Global Advantage (FOF) NR -2.0 -1.6 - - - 1.32 12.76 NR -1.4 -0.9 - - - 0.68 13.13 317
442 ICICI Pru Global Stable Equity (FOF) NR 10.4 11.5 10.4 9.3 13 5 1.45 24.46 NR 10.7 11.7 10.9 10.0 13 6 0.77 26.14 119
443 ICICI Pru Strategic Mtal & Enrgy Eqt FoF NR -6.2 - - - - 1.56 12.79 NR -5.3 - - - - 0.62 13.05 99
444 ICICI Pru US Bluechip Equity NR 15.6 14.1 15.9 13.6 4 1 2.01 55.38 NR 16.7 15.2 17.0 14.6 3 1 1.09 61.08 3002
445 Invesco India Global Consumer Trends NR 7.1 -12.1 - - - 1.54 7.13 NR 8.2 -11.2 - - - 0.60 7.37 343
446 Invesco India Global Equity Income FoF NR 18.5 13.7 12.6 - 8 1.40 22.55 NR 19.2 14.5 13.4 - 9 0.91 24.77 20
447 Invesco Ind-Invesco Pan European Eqt FoF NR 10.2 12.1 8.7 - 16 0.96 16.06 NR 10.7 12.6 9.2 - 16 0.61 17.39 37
448 Invesco Ind-InvscoEQQQ NSDQ-100ETF FoF NR 43.4 - - - - 0.40 13.30 NR 43.8 - - - - 0.16 13.36 366
449 Kotak Global Emerging Market NR 1.2 -3.8 6.5 4.4 19 15 1.66 20.58 NR 1.7 -3.3 7.1 5.1 19 15 1.26 22.17 96
450 Kotak Global Innovation FoF NR 20.0 - - - - 1.60 8.86 NR 21.5 - - - - 0.45 9.14 1005
451 Kotak International REIT FOF NR -8.5 -2.0 - - - 1.38 9.24 NR -7.7 -1.1 - - - 0.50 9.50 88
452 Kotak Nasdaq 100 FOF NR 45.2 - - - - 0.67 14.37 NR 45.8 - - - - 0.31 14.54 2803
0DKLQGUD0DQXOLIH$VLD3DFLȴF5(Ζ7V)R) 15 15
454 Mirae Asset Glob Elec & Aut Veh ETFs FoF NR -11.2 - - - - 0.52 9.17 NR -10.9 - - - - 0.24 9.22 95
455 Mirae Asset Hang Seng TECH ETF FoF NR -20.2 - - - - 0.53 6.52 NR -19.9 - - - - 0.09 6.58 86
456 Mirae Asset NYSE FANG+ ETF FoF NR 80.4 - - - - 0.43 15.95 NR 81.1 - - - - 0.04 16.12 1226
S&P BSE 500 TRI 33.4 21.8 18.5 16.8
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Equity: International 14.1 3.1 8.3 6.3 31 21 15.0 3.9 9.1 7.5 31 19
457 Mirae Asset S&P 500 Top 50 ETF FoF NR 35.8 - - - - 0.49 13.02 NR 36.4 - - - - 0.09 13.15 458
458 Mirae Asset X Arti Int & Tech ETF FoF NR 38.7 - - - - 0.38 15.27 NR 38.9 - - - - 0.25 15.31 247
459 Motilal Oswal Developed Mkt Ex US ETFs NR - - - - - 0.57 10.72 NR - - - - - 0.17 10.73 12
460 Motilal Oswal Nasdaq 100 FOF NR 47.1 13.6 23.2 - 1 0.58 29.37 NR 47.6 14.1 23.7 - 1 0.19 29.98 4438
461 Navi NASDAQ 100 FoF NR 43.7 - - - - 0.30 12.59 NR 44.1 - - - - 0.13 12.64 810
462 Navi US Total Stock Market FoF NR 20.1 - - - - 0.06 12.45 NR 20.2 - - - - 0.06 12.47 812
463 Nippon Ind Japan Eqt NR 13.3 2.8 6.7 - 18 2.49 17.34 NR 14.8 4.1 8.0 - 17 1.46 19.03 292
464 Nippon Ind Taiwan Eqt NR 41.7 - - - - 2.45 10.17 NR 43.7 - - - - 1.11 10.51 467
465 Nippon Ind US Eqt Opp NR 25.3 10.8 14.3 - 6 2.42 28.45 NR 26.8 12.1 15.7 - 6 1.32 31.23 634
466 PGIM Ind Emrgng Mkts NR 5.4 -12.5 -0.7 0.0 30 20 1.62 12.66 NR 6.4 -11.6 0.4 1.0 30 19 0.57 14.21 113
467 PGIM Ind Glbl Selct Real Estate Sec FoF NR -0.1 - - - - 1.42 9.27 NR 0.7 - - - - 0.54 9.44 76
468 PGIM Ind Global Eqt Opp NR 34.4 1.3 16.0 9.1 3 6 1.55 36.59 NR 35.7 2.3 17.1 10.2 2 5 0.60 40.84 1358
469 SBI Intl Access-US Eqt FoF NR 21.3 - - - - 1.60 13.72 NR 22.1 - - - - 0.90 14.03 827
470 Sundaram Global Brand NR 21.1 10.5 12.3 8.1 10 7 2.28 28.71 NR 22.3 11.7 13.1 8.8 10 7 1.26 31.02 119
Equity: Multi Cap 40.9 26.9 0 0 42.8 28.5 0 0
471 ABSL Multi-Cap NR 33.3 - - - - 1.86 16.14 NR 35.0 - - - - 0.66 16.85 4933
472 Axis Multicap NR 43.1 - - - - 1.87 13.84 NR 45.1 - - - - 0.68 14.28 4766
473 Bandhan Multi Cap NR 36.1 - - - - 2.03 14.39 NR 38.3 - - - - 0.52 14.91 1811
474 Bank of India Multi Cap NR - - - - - 2.51 14.90 NR - - - - - 1.43 15.02 379
475 Baroda BNP Paribas Multi Cap NR 36.3 25.0 19.9 17.1 - 2.07 232.50 NR 37.7 26.3 21.1 18.4 - 1.07 256.97 2126
476 Canara Robeco Multi Cap NR - - - - - 2.01 11.75 NR - - - - - 0.59 11.85 2023
477 DSP Multicap NR - - - - - 2.27 10.02 NR - - - - - 0.73 10.02 -
478 Edelweiss Multi Cap NR - - - - - 2.07 12.26 NR - - - - - 0.44 12.32 1356
479 HDFC Multi Cap NR 47.4 - - - - 1.69 16.00 NR 49.1 - - - - 0.55 16.48 11030
480 HSBC Multi Cap NR - - - - - 1.98 15.38 NR - - - - - 0.62 15.59 2240
481 ICICI Pru Multicap NR 42.2 25.9 18.8 18.1 - 1.78 652.13 NR 43.3 27.0 19.9 19.1 - 0.94 719.07 10342
482 Invesco India Multicap NR 37.7 23.1 19.1 19.2 - 1.93 107.38 NR 39.5 24.7 20.7 20.9 - 0.68 125.47 3041
483 ITI Multi Cap NR 48.9 20.0 - - - 2.22 20.42 NR 51.7 22.5 - - - 0.50 22.52 786
484 Kotak Multicap NR 50.7 - - - - 1.71 15.80 NR 53.0 - - - - 0.42 16.41 8087
485 LIC MF Multi Cap NR 38.6 - - - - 2.22 13.40 NR 41.0 - - - - 0.56 13.70 812
486 Mahindra Manulife Multi Cap NR 49.8 30.4 24.2 - - 1.90 30.15 NR 52.2 32.7 26.3 - - 0.35 34.26 2665
487 Mirae Asset Multicap NR - - - - - 1.96 11.96 NR - - - - - 0.44 12.04 2218
488 Nippon Ind Multi Cap NR 44.2 34.3 20.3 18.1 - 1.65 235.11 NR 45.2 35.2 21.1 18.9 - 0.87 254.96 24590
489 Quant Active NR 41.5 32.3 28.5 24.4 - 1.78 612.64 NR 43.0 34.2 30.0 25.3 - 0.77 657.02 7413
490 SBI Multicap NR 27.6 - - - - 1.73 13.40 NR 28.8 - - - - 0.92 13.66 14269
491 Sundaram Multi Cap NR 38.0 24.0 17.6 17.6 - 2.02 321.02 NR 39.6 25.4 19.0 18.7 - 0.90 351.77 2344
492 Tata Multicap NR - - - - - 1.93 13.02 NR - - - - - 0.27 13.23 2814
493 Union Multicap NR 39.8 - - - - 2.26 13.24 NR 41.6 - - - - 0.64 13.44 749
494 WhiteOak Capital Multi Cap NR - - - - - 2.29 11.66 NR - - - - - 0.61 11.73 584
Equity: Thematic-ESG 28.6 17.6 15.4 15.2 1 1 30.1 19.0 16.2 16.1 1 1
495 ABSL ESG Integration Strategy NR 26.0 14.2 - - - 2.37 14.59 NR 27.7 16.0 - - - 1.04 15.35 725
496 Axis ESG Integration Strategy NR 27.0 11.9 - - - 2.23 18.24 NR 28.4 13.5 - - - 1.34 19.31 1381
497 ICICI Pru ESG Exclusionary Strategy NR 36.5 17.9 - - - 2.15 18.16 NR 38.3 19.6 - - - 0.91 19.03 1397
498 Invesco India ESG Equity NR 28.2 - - - - 2.40 14.94 NR 30.2 - - - - 0.93 15.69 563
S&P BSE 100 TRI 27.3 19.3 16.8 15.5
S&P BSE 500 TRI 33.4 21.8 18.5 16.8
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Equity: Thematic-ESG 28.6 17.6 15.4 15.2 1 1 30.1 19.0 16.2 16.1 1 1
499 Kotak ESG Exclusionary Strategy NR 25.7 14.3 - - - 2.18 14.79 NR 27.8 16.2 - - - 0.71 15.60 1015
500 Mirae Asset Nifty100 ESG Sec Leaders FoF NR 22.8 14.5 - - - 0.42 15.78 NR 23.3 14.9 - - - 0.06 15.95 114
501 Quant ESG Eqt NR 39.4 35.4 - - - 2.39 29.52 NR 41.7 37.5 - - - 0.77 31.03 200
502 Quantum ESG Best In Class Strategy Fund NR 25.7 15.8 - - - 2.09 20.60 NR 27.0 16.7 - - - 0.84 21.32 81
503 SBI Magnum Eqt ESG NR 26.0 16.7 15.4 15.2 1 1 1.94 202.71 NR 26.8 17.5 16.2 16.1 1 1 1.32 220.14 5537
S&P BSE 100 TRI 27.3 19.3 16.8 15.5
SCOREBOARD HYBRID
REGULAR DIRECT
Return (%) Rank Return (%) Rank Assets
No Fund Name Rating 1Y 3Y 5Y 10 Y 5 Y 10 Y Expense NAV Rating 1Y 3Y 5Y 10Y 5Y 10Y Expense NAV (` cr)
Hybrid: Aggressive Hybrid 26.8 17.3 14.6 14.4 35 22 28.2 18.7 15.8 15.5 35 22
504 ABSL Equity Hybrid '95 25.2 14.7 12.2 13.6 30 16 1.85 1281.17 26.2 15.6 13.1 14.7 31 15 1.07 1418.89 7440
505 ABSL Retirement 40s 23.3 11.0 - - - 2.38 15.79 25.1 12.6 - - - 0.99 17.02 109
506 Axis Children's Gift 15.2 10.8 12.1 - 31 2.36 21.86 16.7 12.1 13.5 - 29 0.89 24.46 799
507 Axis Equity Hybrid 17.4 11.0 12.4 - 27 2.15 17.12 18.8 12.4 13.9 - 27 0.97 18.47 1652
508 Axis Retirement Savings-Agrssv Plan 25.1 10.7 - - - 2.26 15.19 27.0 12.5 - - - 0.89 16.25 774
509 Bandhan Asset Allocation Agrssv 26.7 14.3 12.0 11.2 32 20 1.24 38.84 27.6 15.1 12.9 11.9 32 21 0.53 41.53 17
510 Bandhan Hybrid Equity 24.2 16.7 14.0 - 18 2.38 21.11 25.8 18.2 15.5 - 17 1.08 23.40 674
511 Bandhan Retirement NR - - - - - 2.32 10.96 NR - - - - - 0.55 11.02 156
512 Bank of India Mid & Small Cap Eqt & Debt 40.9 27.3 21.7 - 2 2.46 32.19 42.3 28.5 22.9 - 2 1.38 34.44 597
513 Baroda BNP Paribas Agrssv Hybrid 25.7 16.2 16.1 - 7 2.19 23.48 27.7 18.2 18.0 - 7 0.56 26.21 910
514 Canara Robeco Equity Hybrid 23.7 15.2 15.0 15.5 13 6 1.74 303.26 25.1 16.6 16.4 16.7 10 5 0.64 337.45 9687
515 DSP Equity & Bond 27.9 15.2 15.6 15.4 9 7 1.77 291.11 29.2 16.4 16.8 16.5 9 7 0.73 322.35 8840
516 Edelweiss Aggressive Hybrid 29.3 20.4 16.5 14.9 - 2.06 52.21 31.6 22.6 18.6 16.2 - 0.21 58.73 1170
517 Franklin India Equity Hybrid 26.9 17.1 14.8 14.8 15 9 2.15 228.75 28.3 18.3 16.0 16.1 13 9 1.19 257.43 1633
518 Groww Aggressive Hybrid 22.8 15.2 12.8 - 24 2.30 18.34 24.3 17.0 14.8 - 20 0.85 20.08 38
519 HDFC Children's Gift 30.9 21.0 17.2 16.3 5 4 1.77 256.23 32.0 22.0 18.2 17.3 6 4 0.94 280.75 8222
520 HDFC Hybrid Equity 21.3 17.9 14.9 15.6 14 5 1.69 102.35 22.0 18.6 15.6 16.6 16 6 1.01 109.91 22235
521 HDFC Retirement Savings Hybrid Equity 28.9 18.8 16.0 - 8 2.13 33.59 30.5 20.3 17.4 - 8 0.95 37.49 1273
522 HSBC Aggressive Hybrid 28.3 15.0 13.2 14.3 22 12 1.87 46.12 29.7 16.2 14.3 15.4 25 12 0.83 51.61 5154
523 HSBC Managed Solutions India Growth 30.0 17.5 15.4 - 11 1.01 34.55 31.2 18.2 16.0 - 12 0.09 35.81 40
524 ICICI Pru Child Care Gift 35.5 19.2 15.0 15.4 12 8 2.21 269.70 36.5 20.1 15.9 16.3 15 8 1.35 293.29 1139
525 ICICI Pru Equity & Debt 33.1 27.9 20.5 18.1 3 2 1.64 320.28 33.9 28.6 21.1 19.1 3 2 1.03 352.25 29816
526 ICICI Pru Retirement Hybrid Aggressive 38.8 19.9 - - - 2.37 20.79 40.7 21.6 - - - 0.89 22.48 284
527 Invesco India Aggressive Hybrid 27.7 14.6 12.9 - 23 2.41 18.21 29.8 16.4 14.6 - 23 0.85 19.88 435
528 JM Aggressive Hybrid 45.9 25.0 18.0 14.8 4 11 2.36 104.23 47.8 26.3 19.2 15.8 4 10 0.61 116.12 136
529 Kotak Equity Hybrid 23.0 17.7 17.0 13.8 6 15 1.82 29.72 24.7 19.3 18.6 15.3 5 13 0.46 35.71 4814
530 LIC MF Aggressive Hybrid 23.1 12.8 11.1 10.3 34 22 2.45 165.71 24.9 13.5 12.4 11.6 34 22 1.40 185.17 515
531 LIC MF Children's Gift 25.9 12.9 12.4 10.4 26 2.48 29.18 26.5 13.7 13.2 11.4 30 1.85 32.12 15
532 LIC MF ULIS 20.5 14.6 12.6 11.4 25 19 2.49 31.65 21.6 15.5 13.6 12.4 28 19 1.63 34.65 481
533 Mahindra Manulife Aggressive Hybrid 28.9 20.0 - - - 2.18 22.13 31.1 22.3 - - - 0.50 24.09 950
534 Mirae Asset Aggressive Hybrid 22.5 15.4 14.2 - 16 1.72 27.18 24.2 17.0 15.9 - 14 0.38 31.10 8308
535 Navi Aggressive Hybrid 23.5 15.3 12.3 - 28 2.28 17.78 25.7 17.5 14.4 - 24 0.42 19.71 83
S&P BSE Sensex TRI 22.1 17.1 16.0 14.8
VR Balanced TRI 22.3 16.3 14.8 13.7
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Hybrid: Aggressive Hybrid 26.8 17.3 14.6 14.4 35 22 28.2 18.7 15.8 15.5 35 22
536 Nippon Ind Eqt Hybrid 27.5 19.7 11.3 13.2 33 17 2.01 88.41 28.5 20.6 12.2 14.3 35 17 1.24 98.44 3311
537 PGIM Ind Hybrid Eqt 17.8 12.0 10.9 11.2 35 2.33 109.59 19.8 13.9 12.7 12.8 33 0.69 127.86 217
538 Quant Absolute 28.3 26.0 24.0 19.9 1 1 2.06 381.74 30.1 27.4 25.3 20.7 1 1 0.75 408.01 1546
539 SBI Eqt Hybrid 20.9 14.8 14.2 14.8 17 10 1.42 244.32 21.7 15.6 14.9 15.7 19 11 0.75 267.26 64202
6%Ζ0DJQXP&KLOGUHQ V%HQHȴWΖQY 29.9 35.7 - - - 2.07 31.55 31.5 37.5 - - - 0.88 33.04 1505
6%Ζ5HWUPQW%HQHȴW$JUVVY+\EULG 15 15
542 Shriram Agrssv Hybrid 25.9 14.2 12.3 11.1 29 21 2.65 28.81 28.0 15.9 14.0 12.3 26 20 0.95 32.19 44
543 Sundaram Agrssv Hybrid 22.3 16.0 13.4 13.0 21 18 1.90 137.23 23.7 17.4 14.7 14.2 21 18 0.73 154.75 4077
544 Tata Hybrid Eqt 19.5 16.4 13.5 13.9 20 13 1.94 378.50 20.7 17.5 14.6 15.0 22 14 0.97 419.13 3624
545 Tata Retrmnt Svngs Moderate 28.4 14.8 13.7 16.3 19 3 2.04 53.56 30.2 16.5 15.3 17.9 18 3 0.64 62.49 1917
546 Union Agrssv Hybrid 24.9 15.9 - - - 2.45 15.48 26.2 17.2 - - - 1.40 16.03 584
547 Union Children's NR - - - - - 2.38 10.27 NR - - - - - 1.08 10.29 34
548 Union Retrmnt NR 36.5 - - - - 2.41 13.20 NR 39.0 - - - - 1.36 13.52 109
549 UTI Agrssv Hybrid 27.9 20.4 15.5 13.9 10 14 1.92 334.02 28.7 21.1 16.3 14.5 11 16 1.29 355.92 5215
Hybrid: Balanced Hybrid 17.3 11.2 9.8 10.4 4 4 18.0 11.8 10.4 11.0 4 4
550 360 ONE Balanced Hybrid NR - - - - - 2.06 10.74 NR - - - - - 0.59 10.80 505
551 Bandhan Asset Allocation Moderate NR 19.9 11.1 9.9 9.8 2 4 1.02 34.88 NR 20.6 11.8 10.6 10.5 2 4 0.38 37.01 18
552 Franklin India Pension NR 16.3 9.4 9.1 10.5 4 3 2.27 190.55 NR 17.1 10.3 10.0 11.3 3 1 1.53 206.49 489
553 UTI Children's Career Svngs NR 14.9 10.6 9.4 10.6 3 1 1.73 35.26 NR 15.1 10.8 9.7 10.8 4 3 1.52 35.95 4381
554 UTI Retrmnt NR 18.1 13.6 10.6 10.6 1 2 1.65 42.43 NR 18.9 14.3 11.3 11.3 1 2 0.99 45.36 4228
555 WhiteOak Capital Balanced Hybrid NR - - - - - 2.12 10.84 NR - - - - - 0.71 10.88 86
Hybrid: Conservative Hybrid 12.7 8.3 8.2 9.0 25 22 13.7 9.3 9.2 10.0 25 22
556 ABSL Regular Savings 10.0 9.0 8.9 10.1 9 5 1.91 57.98 11.1 9.9 9.8 11.1 9 4 0.99 63.95 1450
557 ABSL Retirement 50s 10.8 4.6 - - - 1.94 12.91 12.3 6.0 - - - 0.62 13.81 29
558 Axis Regular Saver 9.2 6.8 7.0 8.1 19 17 2.18 26.69 10.7 8.2 8.3 9.5 18 13 0.82 30.64 390
559 Axis Retirement Savings-Cons Plan 16.6 7.5 - - - 2.15 14.18 18.5 9.3 - - - 0.77 15.20 75
560 Bandhan Asset Allocation Cons 12.5 7.3 7.5 8.3 18 14 0.77 29.62 13.1 8.0 8.2 9.0 19 17 0.23 31.50 6
561 Bandhan Regular Savings 10.5 5.4 6.4 7.9 22 18 2.04 28.57 11.6 6.4 7.3 8.8 23 19 1.13 31.54 127
562 Bank of India Conservative Hybrid 12.8 14.2 9.1 8.7 8 12 2.27 31.48 13.3 14.7 9.7 9.3 10 15 1.44 33.23 67
563 Baroda BNP Paribas Cons Hybrid 12.2 7.0 7.5 8.1 17 16 2.08 39.88 13.9 8.7 9.2 10.0 13 11 0.56 47.56 597
564 Canara Robeco Conservative Hybrid 10.8 7.8 9.3 9.0 7 10 1.83 85.43 12.1 9.1 10.6 10.2 6 9 0.66 96.40 1021
565 DSP Regular Savings 12.4 7.9 8.2 7.8 12 19 1.20 50.72 13.1 8.9 9.6 8.9 11 18 0.51 56.59 176
566 Franklin India Debt Hybrid 12.7 8.1 7.9 8.8 15 11 1.40 79.36 13.6 8.9 8.8 9.6 17 12 0.70 86.33 231
567 HDFC Hybrid Debt 15.5 11.5 10.4 10.4 4 4 1.76 72.76 16.1 12.0 10.9 10.9 4 5 1.26 76.78 3010
568 HDFC Retirement Savings Hybrid Debt 12.9 8.3 8.5 - 10 2.12 19.26 14.2 9.6 9.8 - 8 0.94 21.38 155
569 HSBC Conservative Hybrid 13.0 7.4 8.1 8.3 13 15 2.18 52.46 13.9 8.3 8.9 9.1 15 16 1.35 57.99 111
570 HSBC Managed Solutions India Cons 8.7 5.0 5.9 - 24 0.86 19.31 9.6 5.8 6.7 - 24 0.09 20.27 29
571 ICICI Pru Income Optimizer (FOF) 15.3 10.8 10.0 9.7 5 7 1.21 54.14 16.0 11.6 10.7 10.3 5 8 0.57 57.75 280
572 ICICI Pru Regular Savings 12.8 9.2 9.6 10.6 6 2 1.71 65.53 13.7 10.1 10.5 11.5 7 3 0.91 71.32 3358
573 ICICI Pru Retirement Hybrid Conservative 17.4 8.3 - - - 2.13 15.21 18.6 9.6 - - - 1.00 16.29 56
574 Kotak Debt Hybrid 15.9 10.8 11.6 10.6 1 3 1.73 51.71 17.4 12.3 13.0 11.9 1 2 0.50 58.67 2189
575 LIC MF Conservative Hybrid 7.6 5.4 6.8 6.8 21 22 2.25 73.65 8.6 6.4 7.7 7.6 22 22 1.26 80.47 53
576 Navi Conservative Hybrid 9.7 5.9 6.1 6.8 23 21 2.10 24.85 11.6 7.7 7.8 8.6 21 20 0.39 29.52 27
S&P BSE Sensex TRI 22.1 17.1 16.0 14.8
VR Balanced TRI 22.3 16.3 14.8 13.7
VR MIP TRI 14.3 9.7 9.6 9.6
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Hybrid: Conservative Hybrid 12.7 8.3 8.2 9.0 25 22 13.7 9.3 9.2 10.0 25 22
577 Nippon Ind Hybrid Bond 10.6 8.4 3.6 6.9 25 20 1.93 51.16 11.6 9.2 4.3 7.8 25 21 1.13 55.89 780
578 Nippon Ind Retrmnt Incm Generation 12.0 6.0 7.6 - 16 2.12 17.89 13.3 7.2 8.8 - 16 1.22 20.05 165
579 Parag Parikh Cons Hybrid NR 15.4 - - - - 0.64 13.01 NR 15.7 - - - - 0.34 13.12 1711
580 SBI Cons Hybrid 13.7 10.6 10.7 10.0 3 6 1.12 63.57 14.3 11.2 11.3 10.8 3 6 0.62 68.96 9277
6%Ζ0DJQXP&KLOGUHQ V%HQHȴW6YQJV 18.4 12.9 11.1 13.3 2 1 1.22 92.78 18.8 13.4 11.7 14.1 2 1 0.87 100.61 105
6%Ζ5HWUPQW%HQHȴW&RQV 15 15
6%Ζ5HWUPQW%HQHȴW&RQV+\EULG 15 15
584 Sundaram Debt Oriented Hybrid 10.5 9.0 7.0 8.6 20 13 2.00 26.78 11.4 10.0 7.9 9.5 20 14 1.09 29.11 28
585 Tata Retrmnt Svngs Cons 13.4 7.0 8.0 9.2 14 9 2.17 28.22 14.7 8.3 9.3 10.6 12 7 0.96 32.46 168
586 UTI Cons Hybrid 12.2 9.6 8.2 9.4 11 8 1.80 59.98 12.9 10.2 8.9 10.1 14 10 1.20 64.33 1586
Hybrid: Equity Savings 14.9 9.9 9.2 8.5 20 1 16.1 11.1 10.4 9.8 19 1
587 ABSL Equity Savings 12.8 8.0 8.6 - 14 1.11 19.46 13.7 9.0 9.6 - 15 0.60 21.39 532
588 Axis Equity Saver 16.8 10.1 9.6 - 9 2.27 19.62 18.3 11.6 11.1 - 10 1.04 21.81 973
589 Bandhan Equity Savings 10.6 7.4 7.6 6.6 19 1.36 28.09 11.7 8.5 8.7 7.6 18 0.38 30.75 102
590 Baroda BNP Paribas Equity Svngs 15.1 8.0 - - - 2.50 14.55 16.3 9.1 - - - 1.49 15.27 236
591 DSP Equity Savings 12.6 9.5 9.3 - 11 1.39 18.76 13.5 10.7 10.7 - 11 0.53 20.77 789
592 Edelweiss Equity Savings 15.1 9.9 9.9 - 8 1.56 21.63 16.4 11.3 11.2 - 9 0.59 23.54 349
593 Franklin India Equity Savings 11.8 9.2 8.2 - 17 1.12 14.67 13.0 10.5 9.7 - 14 0.46 15.84 312
594 HDFC Equity Savings 16.4 12.7 10.5 10.1 5 1.95 58.61 17.5 13.7 11.4 11.2 5 1.01 64.71 3533
595 HSBC Equity Savings 20.1 12.6 10.3 9.5 7 1.51 28.05 21.1 13.6 11.3 10.4 8 0.61 30.71 211
596 ICICI Pru Equity Savings 10.7 9.1 8.5 - 15 0.97 20.04 11.2 9.7 9.1 - 16 0.50 21.37 8322
597 Invesco India Equity Savings 18.2 8.4 - - - 2.29 14.58 20.0 10.2 - - - 0.73 15.85 130
598 Kotak Equity Savings 17.1 11.8 10.6 - 4 1.87 22.91 18.3 12.9 11.7 - 4 0.77 24.76 4118
599 LIC MF Equity Savings 13.7 9.0 8.6 7.3 13 2.00 24.24 14.8 10.1 9.7 8.4 13 0.99 26.95 11
600 Mahindra Manulife Equity Savings 17.5 11.5 11.4 - 2 2.41 18.49 19.5 13.5 13.3 - 1 0.74 21.06 430
601 Mirae Asset Equity Savings 16.4 11.6 11.7 - 1 1.29 17.49 17.5 12.7 12.9 - 2 0.31 18.46 835
602 Nippon Ind Eqt Svngs 13.6 9.6 3.1 - 20 1.66 14.42 14.6 10.6 4.0 - 19 0.82 15.66 346
603 PGIM Ind Eqt Svngs 8.7 8.3 7.8 8.4 18 1.30 44.48 9.6 9.3 8.9 9.6 17 0.52 49.81 93
604 SBI Eqt Svngs 20.2 11.5 11.1 - 3 1.19 21.13 20.8 12.1 11.7 - 3 0.67 23.12 3513
605 Sundaram Eqt Svngs 16.5 10.8 9.6 8.5 10 1 2.22 60.46 18.5 12.7 11.4 9.8 6 1 0.47 68.59 734
606 Tata Eqt Svngs 14.3 9.3 8.8 7.8 12 1.12 48.28 15.2 10.4 10.0 8.9 12 0.42 53.90 133
607 Union Eqt Svngs 13.4 7.8 8.3 - 16 2.04 15.22 13.9 8.4 - - - 1.77 15.71 121
608 UTI Eqt Svngs 17.2 12.2 10.4 - 6 1.52 16.23 18.2 13.2 11.3 - 7 0.71 17.03 325
Hybrid: Arbitrage 7.4 5.0 5.0 5.9 20 10 8.1 5.7 5.6 6.5 20 9
609 ABSL Arbitrage 7.6 5.2 5.1 5.9 11 6 1.03 24.07 8.3 5.9 5.8 6.6 7 5 0.35 25.69 7778
610 Axis Arbitrage 7.4 5.2 5.0 - 13 1.01 16.95 8.2 6.0 5.8 - 6 0.31 18.24 3600
611 Bajaj FinServ Arbitrage NR - - - - - 0.97 10.26 NR - - - - - 0.27 10.29 349
612 Bandhan Arbitrage 7.6 5.2 5.0 5.9 14 8 1.05 29.43 8.4 5.9 5.7 6.5 12 6 0.37 31.52 4814
613 Bank of India Arbitrage 6.6 4.0 4.0 - 20 0.96 12.60 7.2 4.6 4.6 - 20 0.24 13.03 18
614 Baroda BNP Paribas Arbitrage 7.6 5.1 5.1 - 10 1.07 14.60 8.4 5.8 5.8 - 8 0.38 15.25 564
615 DSP Arbitrage 7.5 5.1 5.0 - 12 1.03 13.57 8.2 5.7 5.7 - 13 0.35 14.08 3511
616 Edelweiss Arbitrage 7.6 5.3 5.3 - 4 1.05 17.56 8.4 6.1 6.0 - 2 0.39 18.66 7992
617 HDFC Arbitrage 7.7 5.2 5.0 5.8 15 9 0.97 27.76 NR 8.2 5.8 5.6 - 15 0.47 18.14 8811
CCIL T Bill Liquidity Weight 4.5 3.1 3.3 4.0
S&P BSE Sensex TRI 22.1 17.1 16.0 14.8
VR MIP TRI 14.3 9.7 9.6 9.6
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Hybrid: Arbitrage 7.4 5.0 5.0 5.9 20 10 8.1 5.7 5.6 6.5 20 9
618 HSBC Arbitrage 7.5 5.1 5.1 - 8 0.94 17.26 8.3 5.8 5.8 - 9 0.27 18.31 1827
619 ICICI Pru Equity Arbitrage 7.6 5.3 5.1 6.0 9 4 0.90 31.07 8.3 5.9 5.7 6.6 11 4 0.30 33.05 15964
620 Invesco India Arbitrage 7.8 5.5 5.3 6.0 2 3 1.06 28.91 8.5 6.3 6.0 6.6 3 3 0.37 30.97 11885
621 ITI Arbitrage 6.9 4.0 - - - 0.95 11.76 7.7 4.8 - - - 0.20 12.16 23
622 JM Arbitrage 7.1 4.7 4.3 5.4 18 10 1.05 29.76 7.9 5.3 4.8 5.9 19 9 0.34 31.43 96
623 Kotak Equity Arbitrage 7.9 5.5 5.3 6.1 1 1 1.01 33.88 8.6 6.1 5.9 6.7 5 1 0.43 35.90 34593
624 LIC MF Arbitrage 7.1 4.9 4.7 - 17 0.97 12.58 7.8 5.7 5.4 - 17 0.31 13.03 31
625 Mahindra Manulife Arbitrage 6.2 4.1 - - - 1.18 11.40 7.0 5.0 - - - 0.38 11.73 38
626 Mirae Asset Arbitrage 7.7 5.1 - - - 0.90 11.84 8.5 5.9 - - - 0.16 12.14 873
627 Nippon Ind Arbtg 7.5 5.2 5.2 6.0 7 2 1.08 24.11 8.3 6.0 5.9 6.7 4 2 0.39 25.80 12061
628 NJ Arbtg NR 7.2 - - - - 1.00 10.98 NR 7.9 - - - - 0.28 11.09 348
629 Parag Parikh Arbtg NR - - - - - 0.71 10.18 NR - - - - - 0.36 10.19 226
630 PGIM Ind Arbtg 7.1 4.9 4.8 - 16 1.05 16.74 7.9 5.6 5.5 - 16 0.34 17.71 121
631 SBI Arbtg Opp 7.8 5.6 5.2 5.9 6 7 0.96 30.62 8.4 6.1 5.7 6.5 14 8 0.44 32.32 25385
632 Sundaram Arbitrage 7.2 4.7 4.3 - 19 0.87 13.15 7.8 5.4 4.9 - 18 0.28 13.73 107
633 Tata Arbitrage 7.5 5.2 5.3 - 3 1.08 13.02 8.4 6.0 6.1 - 1 0.30 13.55 8740
634 Union Arbitrage 7.6 5.0 - - - 1.00 12.75 8.2 5.6 - - - 0.36 13.08 130
635 UTI Arbitrage 7.6 5.2 5.2 6.0 5 5 0.90 31.69 8.2 5.9 5.8 6.5 10 7 0.36 33.49 4350
Hybrid: Dynamic Asset Allocation 21.9 13.1 11.9 11.6 20 6 23.5 14.5 13.2 12.8 20 6
636 ABSL Balanced Advantage 18.5 12.0 11.9 12.3 8 1.80 89.10 19.9 13.4 13.2 13.4 9 0.66 99.51 6979
637 Axis Balanced Advantage 22.7 12.7 10.3 - 15 2.10 17.40 24.3 14.2 11.7 - 16 0.89 19.06 1979
638 Axis Retirement Savings-Dynamic Plan 27.7 12.3 - - - 2.41 16.01 29.8 14.3 - - - 1.05 17.22 319
639 Bajaj FinServ Balanced Advantage NR - - - - - 2.18 10.19 NR - - - - - 0.59 10.21 789
640 Bandhan Balanced Advantage 17.4 9.8 10.2 - 16 1.94 20.86 18.9 11.3 11.7 - 15 0.67 23.68 2348
641 Bank of India Balanced Advantage 22.5 13.8 9.1 - 19 2.46 22.77 23.4 14.7 9.9 - 19 1.50 24.20 115
642 Baroda BNP Paribas Balanced Advtg 23.7 13.9 15.2 - 2 1.90 20.60 25.1 15.4 16.7 - 2 0.72 22.13 3627
643 DSP Dynamic Asset Allocation 18.3 8.9 9.6 - 18 1.93 23.45 19.7 10.3 11.2 - 18 0.67 26.40 3233
644 Edelweiss Balanced Advantage 21.9 13.7 14.3 12.7 4 2 1.70 44.12 23.4 15.2 15.9 13.9 3 1 0.52 49.31 10203
645 Franklin India Balanced Advtg NR 22.6 - - - - 2.06 12.36 NR 24.9 - - - - 0.55 12.68 1554
646 Franklin India Dynamic Asset Alloc FoF 24.9 20.8 11.9 11.9 7 3 2.13 143.00 26.0 22.0 13.1 13.0 11 5 1.22 159.51 1282
647 HDFC Balanced Advantage 37.4 27.0 18.8 17.5 1 1.40 444.02 38.2 27.8 19.6 18.4 1 0.75 475.66 73349
648 HDFC Dynamic PE Ratio FoF 25.6 17.8 14.8 12.1 3 1.00 35.63 26.6 18.7 15.6 13.0 4 0.26 38.91 41
649 HSBC Balanced Advantage 20.3 10.2 10.0 11.7 17 2.12 37.75 21.9 11.7 11.4 13.0 17 0.78 42.90 1391
650 ICICI Pru Balanced Advantage 18.7 13.8 12.8 12.8 5 1 1.49 62.33 19.4 14.5 13.5 13.9 6 2 0.87 68.92 53483
651 Invesco India Balanced Advantage 22.8 12.2 10.9 11.5 14 4 2.22 46.27 24.4 13.8 12.3 13.1 14 3 0.90 53.78 688
652 ITI Balanced Advantage 21.7 12.3 - - - 2.36 12.86 24.1 14.7 - - - 0.60 13.99 325
653 Kotak Balanced Advantage 16.5 11.0 11.8 - 11 1.66 17.45 17.9 12.4 13.1 - 10 0.51 18.63 15615
654 LIC MF Balanced Advantage NR 14.3 - - - - 2.16 11.84 NR 16.2 - - - - 0.51 12.31 980
655 Mahindra Manulife Balanced Advantage NR 27.1 - - - - 2.33 12.74 NR 29.3 - - - - 0.62 13.24 617
656 Mirae Asset Balanced Advantage NR 20.9 - - - - 2.10 12.21 NR 22.6 - - - - 0.69 12.47 1478
657 Motilal Oswal Balance Advantage 32.1 11.6 11.1 - 13 2.15 19.80 33.7 13.0 12.4 - 13 0.95 21.58 817
658 Nippon Ind Balanced Advtg 20.5 13.3 11.8 13.1 10 1.77 151.71 21.9 14.8 13.3 14.2 8 0.60 168.88 7484
659 NJ Balanced Advtg NR 28.2 - - - - 1.87 12.53 NR 29.9 - - - - 0.48 12.91 3868
CCIL T Bill Liquidity Weight 4.5 3.1 3.3 4.0
S&P BSE Sensex TRI 22.1 17.1 16.0 14.8
VR Balanced TRI 22.3 16.3 14.8 13.7
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Hybrid: Dynamic Asset Allocation 21.9 13.1 11.9 11.6 20 6 23.5 14.5 13.2 12.8 20 6
660 PGIM Ind Balanced Advtg NR 15.6 - - - - 2.11 13.27 NR 17.6 - - - - 0.41 13.99 1274
661 Quant Dyn Asset Allocation NR - - - - - 2.35 14.58 NR - - - - - 0.77 14.78 467
662 Samco Dyn Asset Allocation NR - - - - - 2.34 10.10 NR - - - - - 0.66 10.12 -
663 SBI Balanced Advtg NR 23.5 - - - - 1.62 13.26 NR 24.6 - - - - 0.72 13.60 26478
664 Shriram Balanced Advtg 24.2 12.0 - - - 2.65 16.36 26.5 14.0 - - - 0.65 17.84 44
665 Sundaram Balanced Advtg 17.8 11.9 11.6 11.5 12 5 2.09 30.70 19.6 13.7 13.4 13.0 7 4 0.61 35.27 1568
666 Tata Balanced Advtg 20.1 13.4 12.7 - 6 1.70 18.23 21.8 15.2 14.6 - 5 0.30 19.81 8317
667 Union Balanced Advtg 17.6 9.6 11.9 - 9 2.13 17.95 18.9 10.9 13.0 - 12 1.11 19.02 1644
668 UTI Balanced Advtg NR - - - - - 1.90 10.86 NR - - - - - 0.45 10.93 2624
669 UTI Unit Linked Insurance Plan 12.0 7.8 7.4 9.1 20 6 1.62 35.88 12.8 8.6 8.2 9.8 20 6 0.91 38.43 5389
670 WhiteOak Capital Balanced Advtg NR - - - - - 2.24 11.82 NR - - - - - 0.57 12.01 793
Hybrid: Multi Asset Allocation 23.2 15.6 13.9 11.0 12 6 24.3 16.8 14.9 11.8 12 6
671 ABSL Asset Allocator FoF 27.4 15.6 14.8 14.5 - 1.35 55.46 28.7 16.7 15.7 - - 0.31 28.84 189
672 ABSL Financial Planning FOF Agrsv 29.0 17.6 15.6 14.7 3 1 1.07 44.63 30.0 18.6 16.6 15.6 3 1 0.35 48.48 192
673 ABSL Financial Planning FOF Cons 17.4 10.9 10.5 9.4 10 6 0.83 29.41 17.9 11.4 11.0 9.9 10 5 0.37 31.07 18
674 ABSL Financial Planning FOF Moderate 23.4 14.2 13.1 11.7 7 2 0.98 35.69 24.0 14.9 13.8 12.3 9 2 0.38 37.86 33
675 ABSL Multi Asset Allocation NR - - - - - 1.89 12.01 NR - - - - - 0.42 12.21 2950
676 ABSL Multi-Index FoF NR 29.8 - - - - 0.54 13.02 NR 30.3 - - - - 0.14 13.09 11
677 Axis Multi Asset Allocation 15.2 10.1 12.6 10.1 9 4 2.12 32.85 16.6 11.8 14.2 11.5 7 4 1.13 37.57 1235
678 Baroda BNP Paribas Multi Asset NR 24.3 - - - - 2.10 12.34 NR 26.5 - - - - 0.90 12.59 1262
679 DSP Multi Asset Allocation NR - - - - - 1.72 10.89 NR - - - - - 0.22 10.94 1311
680 Edelweiss Multi Asset Allocation NR - - - - - 0.70 10.43 NR - - - - - 0.36 10.45 612
681 Franklin India Multi Asset Solution FoF 14.6 14.3 6.8 - 12 2.12 16.98 15.7 15.4 7.7 - 12 1.17 18.89 51
682 HDFC Asset Allocator FoF NR 22.5 - - - - 1.21 15.08 NR 23.8 - - - - 0.13 15.59 2896
683 HDFC Multi Asset 20.2 14.7 14.2 11.4 4 2.02 59.68 21.6 16.2 15.5 12.4 4 0.84 65.50 2312
684 HSBC Managed Solutions India Moderate 25.1 14.7 13.4 - 6 1.13 30.48 26.4 15.6 14.2 - 6 0.09 31.90 57
685 ICICI Pru Asset Allocator (FOF) 19.6 14.7 13.4 13.2 - 1.21 100.88 20.8 16.1 14.8 14.1 - 0.16 109.78 21294
686 ICICI Pru Multi Asset 27.0 26.2 19.1 16.6 2 1.57 608.16 27.9 27.0 19.9 17.5 2 0.74 661.68 30650
687 ICICI Pru Passive Multi-Asset FoF NR 14.6 - - - - 0.61 12.35 NR 15.1 - - - - 0.19 12.47 1062
688 Kotak Multi Asset Allocation NR - - - - - 1.80 11.11 NR - - - - - 0.30 11.17 4656
689 Kotak Multi Asset Allocator FoF-Dynamic NR 26.5 20.1 19.2 17.0 - 1.00 189.79 NR 27.5 21.1 20.0 17.7 - 0.30 202.22 1266
690 Motilal Oswal Asset Alloc Passive Agrssv NR 23.6 - - - - 0.64 14.31 NR 24.3 - - - - 0.14 14.55 62
691 Motilal Oswal Asset Alloc Passive Cons NR 17.1 - - - - 0.54 13.17 NR 17.7 - - - - 0.02 13.38 43
692 Motilal Oswal Multi Asset 16.0 6.9 - - - 2.03 12.65 17.5 8.3 - - - 0.93 13.25 102
693 Nippon Ind Asset Allocator FoF NR 30.9 - - - - 1.28 17.09 NR 32.1 - - - - 0.35 17.63 196
694 Nippon Ind Multi Asset 25.6 16.3 - - - 1.60 17.16 27.3 17.9 - - - 0.32 18.02 2322
695 Quant Multi Asset 31.6 31.8 25.8 15.9 1 2.04 114.45 33.6 34.1 27.2 16.5 1 0.71 120.54 1288
696 Quantum Multi Asset FOFs 14.0 9.3 9.5 9.6 11 5 0.47 28.33 14.4 9.7 9.9 9.8 11 6 0.10 28.84 58
697 SBI Multi Asset Allocation 27.3 15.1 13.6 11.5 5 1.57 49.47 28.4 16.1 14.5 12.5 5 0.62 54.13 3133
698 Shriram Multi Asset Allocation NR - - - - - 2.32 11.53 NR - - - - - 0.37 11.62 108
699 Sundaram Multi Asset Allocation NR - - - - - - 10.02 NR - - - - - - 10.02 -
700 Tata Multi Asset Opp 22.5 16.7 - - - 1.95 19.81 24.4 18.8 - - - 0.40 21.24 2263
701 UTI Multi Asset Allocation 34.2 16.0 12.9 10.6 8 3 1.88 60.89 35.3 17.0 13.8 11.5 8 3 1.10 66.44 1067
702 WhiteOak Capital Multi Asset Allocation NR - - - - - 1.76 11.09 NR - - - - - 0.55 11.18 269
S&P BSE Sensex TRI 22.1 17.1 16.0 14.8
VR Balanced TRI 22.3 16.3 14.8 13.7
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Debt: Long Duration 1.7 3.9 8.5 3.6 6 2 1.7 4.1 9.0 4.0 6 2
703 ABSL Long Duration NR 1.3 3.4 8.3 - 4 - 1.08 11.26 NR 1.4 3.6 9.0 - 3 - 0.42 11.36 83
704 Axis Long Duration NR 1.6 4.0 8.3 - 5 - 0.71 1091.26 NR 1.7 4.1 8.8 - 5 - 0.27 1097.54 189
705 HDFC Long Duration Debt NR 1.9 4.5 8.9 - 2 - 0.60 10.85 NR 2.0 4.6 9.3 - 2 - 0.25 10.89 1498
706 ICICI Pru Long Term Bond NR 1.0 3.2 7.5 3.2 6 2 0.90 78.96 NR 1.0 3.3 8.0 3.8 6 2 0.40 85.73 664
707 Nippon Ind Nivesh Lakshya NR 1.9 4.0 8.6 3.9 3 1 0.64 15.76 NR 1.9 4.1 8.9 4.2 4 1 0.30 16.04 6678
708 SBI Long Duration NR 1.9 4.4 9.2 - 1 - 0.68 10.98 NR 2.0 4.5 9.7 - 1 - 0.23 11.03 1096
709 UTI Long Duration NR 1.9 4.0 - - - - 1.51 10.73 NR 2.0 4.3 - - - - 0.58 10.82 69
Debt: Medium to Long Duration 0.7 2.6 7.0 4.3 13 13 0.8 2.8 7.8 5.1 13 13
710 ABSL Income 0.7 2.8 6.9 4.6 8 5 1.12 112.08 0.7 2.9 7.3 5.0 10 6 0.66 120.11 1758
711 Bandhan Bond Income 0.9 3.0 6.5 3.1 11 12 1.99 58.65 1.0 3.2 7.2 3.7 13 13 1.33 63.56 491
712 Canara Robeco Income 0.8 2.6 6.0 3.3 13 9 1.88 50.07 0.9 2.9 7.2 4.5 11 9 0.76 55.26 125
713 HDFC Income 1.0 2.9 6.8 3.3 9 10 0.86 51.69 1.0 3.1 8.0 4.6 6 8 0.80 56.85 710
714 HSBC Medium to Long Duration 0.7 2.7 6.0 2.9 12 13 1.92 37.85 0.8 3.0 7.3 3.9 9 12 0.69 41.54 48
715 ICICI Pru Bond 0.7 2.6 8.0 4.8 1 4 1.03 35.62 0.7 2.6 8.4 5.4 2 4 0.60 37.52 2937
716 ICICI Pru Debt Management (FOF) 0.6 2.0 7.8 5.3 2 2 0.66 39.95 0.6 2.1 8.0 5.6 5 2 0.41 38.23 138
717 JM Medium to Long Duration 0.7 2.6 6.9 3.2 7 11 1.02 55.26 0.8 2.8 7.5 3.9 8 11 0.47 61.14 21
718 Kotak Bond 0.7 2.8 7.3 3.8 5 8 1.76 68.65 0.8 3.1 8.5 4.9 1 7 0.64 76.03 1790
719 LIC MF Medium to Long Duration Bond 0.7 2.4 6.9 3.8 6 7 1.22 63.90 0.8 2.7 7.7 4.3 7 10 0.21 67.88 182
720 Nippon Ind Income 0.8 2.8 7.3 4.1 4 6 1.51 80.37 0.9 3.1 8.3 5.2 3 5 0.58 88.79 265
721 SBI Magnum Incm 0.7 2.2 7.5 4.8 3 3 1.46 63.14 0.8 2.4 8.2 5.5 4 3 0.79 67.47 1709
722 UTI Medium to Long Duration 0.8 2.6 6.8 8.9 10 1 1.62 65.37 0.8 2.7 7.2 9.3 12 1 1.25 70.82 302
Debt: Medium Duration 0.6 2.1 6.9 5.4 16 15 0.7 2.3 7.6 6.2 16 15
723 ABSL Medium Term 0.6 2.1 7.2 12.6 7 1 1.58 33.86 0.6 2.3 7.9 13.3 6 1 0.85 36.45 1897
724 Axis Strategic Bond 0.7 2.3 7.5 5.6 1 4 1.09 24.77 0.8 2.5 8.3 6.3 1 4 0.35 26.97 1945
725 Bandhan Bond Fund Medium Term Plan 0.7 2.6 6.6 3.6 13 14 1.48 40.96 0.7 2.8 7.3 4.4 13 13 0.77 44.19 1622
726 Baroda BNP Paribas Medium Duration 0.7 2.0 7.1 4.3 8 11 0.97 16.93 0.7 2.1 7.4 4.7 10 12 0.69 18.03 36
727 DSP Bond 0.5 2.0 7.2 4.6 5 10 0.75 72.75 0.5 2.0 7.6 4.9 9 11 0.40 76.86 348
728 HDFC Medium Term Debt 0.7 2.1 7.1 5.1 10 6 1.29 50.20 0.8 2.3 7.8 5.8 8 7 0.59 53.97 4185
729 HSBC Medium Duration 0.7 2.1 7.2 4.9 4 9 1.10 18.14 0.8 2.3 8.0 5.7 4 8 0.40 19.60 683
730 ICICI Pru Medium Term Bond 0.6 2.1 7.2 5.7 6 3 1.40 39.81 0.7 2.3 7.9 6.4 7 3 0.74 43.33 6448
731 ICICI Pru Retirement Pure Debt 0.4 1.6 6.3 4.1 15 12 2.15 13.57 0.5 1.8 7.2 5.3 14 10 1.13 14.51 157
732 Invesco India Medium Duration 0.6 2.1 6.4 - 14 - 1.30 1105.84 0.7 2.4 7.4 - 11 - 0.40 1132.89 231
733 Kotak Medium Term 1.2 2.8 7.1 5.0 9 8 1.58 20.13 1.3 3.0 8.2 6.1 2 5 0.63 22.07 1848
734 Nippon Ind Strategic Debt 0.6 2.1 7.4 8.9 2 2 1.99 13.75 0.7 2.2 8.0 9.5 3 2 1.44 14.78 121
735 SBI Magnum Medium Duration 0.6 2.0 7.4 5.1 3 7 1.22 45.60 0.6 2.1 8.0 5.6 5 9 0.69 48.92 6803
736 Sundaram Medium Term Bond 0.5 2.1 5.6 2.8 16 15 2.16 62.92 0.6 2.3 6.4 3.8 16 15 1.25 69.39 44
737 Union Medium Duration 0.7 2.3 6.9 4.0 11 13 0.91 11.54 0.7 2.4 7.2 4.3 15 14 0.71 11.66 130
738 UTI Medium Duration 0.6 2.1 6.7 5.3 12 5 1.60 16.38 0.7 2.2 7.3 5.9 12 6 0.98 17.40 43
Debt: Short Duration 0.6 2.0 6.8 5.1 24 21 0.7 2.2 7.5 5.8 24 21
739 ABSL Short Term 0.6 2.1 7.1 5.2 5 5 0.94 42.45 0.7 2.3 7.8 5.9 5 5 0.38 45.53 6778
740 Axis Short Term 0.6 2.1 7.0 4.9 9 8 0.89 27.50 0.7 2.2 7.6 5.6 10 7 0.34 29.79 7589
741 Bandhan All Seasons Bond 0.6 2.2 6.9 4.7 11 10 0.50 39.16 0.7 2.3 7.3 5.1 19 16 0.09 40.95 123
742 Bandhan Bond Short Term 0.7 2.3 7.0 4.6 7 11 0.78 50.97 0.7 2.4 7.5 5.1 11 13 0.31 54.21 8621
743 Bank of India Short Term Income 0.6 2.0 6.1 11.7 23 1 1.06 23.68 0.6 2.2 6.5 12.1 24 1 0.52 25.55 90
CCIL T Bill Liquidity Weight 0.4 1.2 4.5 3.1
VR Bond Index 1.0 2.7 7.5 4.6
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Debt: Short Duration 0.6 2.0 6.8 5.1 24 21 0.7 2.2 7.5 5.8 24 21
744 Baroda BNP Paribas Short Duration 0.6 1.9 7.2 4.7 3 9 1.05 26.12 0.7 2.0 7.9 5.4 2 9 0.38 28.09 225
745 Canara Robeco Short Duration 0.6 1.8 6.4 4.2 19 18 1.02 22.87 0.6 2.0 7.0 4.9 22 20 0.43 24.74 419
746 DSP Short-Term 0.6 1.9 6.8 4.4 13 15 0.96 41.70 0.6 2.1 7.5 5.1 13 14 0.34 44.91 3046
747 Groww Short Term 0.6 2.1 5.5 3.5 24 21 1.60 1877.99 0.7 2.4 6.6 4.8 23 21 0.40 2122.98 38
748 HDFC Short Term Debt 0.7 2.1 7.4 5.1 2 6 0.74 28.46 0.7 2.2 7.8 5.5 3 8 0.37 29.27 14203
749 HSBC Short Duration 0.6 2.1 6.8 4.4 15 16 0.75 23.66 0.7 2.2 7.3 4.9 17 19 0.27 24.92 3406
750 ICICI Pru Short Term 0.6 1.9 7.6 5.5 1 4 1.07 53.69 0.6 2.1 8.3 6.2 1 4 0.45 58.07 18636
751 Invesco India Short Duration Term 0.6 2.0 6.4 4.1 20 19 1.15 3180.20 0.7 2.2 7.3 4.9 18 18 0.35 3493.16 363
752 JM Short Duration NR 0.6 1.8 6.2 - 22 - 1.19 10.83 NR 0.7 2.1 7.2 - 21 - 0.34 10.96 120
753 Kotak Bond Short-term 0.6 1.9 6.8 4.5 16 13 1.18 46.61 0.7 2.1 7.6 5.3 9 10 0.38 50.76 13419
754 LIC MF Short Duration 0.6 1.9 6.3 4.0 21 20 1.33 13.07 0.7 2.2 7.3 5.0 16 17 0.37 13.78 131
755 Mahindra Manulife Short Duration 0.6 2.2 6.8 - 14 - 1.26 11.43 0.7 2.4 7.8 - 4 - 0.29 11.76 44
756 Mirae Asset Short Duration 0.6 1.9 6.5 4.4 18 14 1.15 14.08 0.7 2.1 7.4 5.3 14 11 0.33 14.76 348
757 Nippon Ind Short Term 0.6 2.1 7.1 5.1 6 7 0.94 47.00 0.7 2.2 7.7 5.8 8 6 0.37 50.66 6034
758 SBI ST Debt 0.6 1.9 6.9 4.6 12 12 0.85 28.67 0.6 2.0 7.4 5.1 15 15 0.35 30.25 12972
759 Sundaram SD 0.6 2.0 7.0 7.1 8 2 0.84 39.56 0.7 2.2 7.5 7.7 12 2 0.28 42.46 200
760 Tata ST Bond 0.6 1.9 6.9 4.3 10 17 1.19 43.04 0.7 2.2 7.8 5.2 7 12 0.33 47.07 2202
761 TRUSTMF SD 0.5 1.8 6.7 - 17 - 0.73 1122.00 0.6 1.9 7.2 - 20 - 0.23 1136.05 100
762 UTI SD 0.7 2.0 7.1 6.6 4 3 0.96 28.34 0.7 2.2 7.8 7.3 6 3 0.34 29.96 2359
Debt: Low Duration 0.6 1.7 7.0 5.2 20 20 0.6 1.8 7.5 5.7 20 20
763 ABSL Low Duration 0.5 1.7 6.8 5.0 15 9 1.19 593.47 0.6 1.9 7.6 5.9 3 3 0.40 650.08 11671
764 Axis Treasury Advantage 0.6 1.7 7.1 5.2 5 4 0.64 2776.82 0.6 1.8 7.5 5.5 8 9 0.29 2897.90 4820
765 Bandhan Low Duration 0.6 1.7 7.0 5.0 7 10 0.58 34.76 0.6 1.8 7.3 5.2 18 18 0.32 35.48 5186
766 Baroda BNP Paribas Low Duration 0.6 1.6 6.8 4.8 14 17 1.09 36.28 0.6 1.8 7.6 5.6 6 7 0.37 39.30 174
767 Canara Robeco Savings 0.6 1.7 7.1 4.9 6 13 0.59 37.97 0.6 1.8 7.4 5.2 11 20 0.29 38.86 813
768 DSP Low Duration 0.5 1.7 7.0 5.0 9 8 0.63 17.86 0.6 1.7 7.3 5.3 17 15 0.30 18.36 3282
769 HDFC Low Duration 0.6 1.6 7.2 5.0 4 6 1.04 51.98 0.6 1.8 7.8 5.7 2 5 0.45 55.90 16261
770 HSBC Low Duration 0.6 1.7 7.2 5.0 3 11 0.64 25.49 0.6 1.8 7.6 5.6 5 8 0.25 26.72 512
771 ICICI Pru Savings 0.6 1.7 7.9 5.4 1 3 0.53 486.43 0.6 1.8 8.0 5.5 1 10 0.40 492.27 18534
772 Invesco India Low Duration 0.6 1.7 6.9 4.9 10 12 0.62 3403.03 0.6 1.8 7.3 5.3 19 16 0.32 3534.99 1200
773 JM Low Duration 0.6 1.7 6.7 4.8 18 16 0.83 33.40 0.6 1.8 7.1 5.2 20 19 0.38 34.12 181
774 Kotak Low Duration 0.5 1.6 6.8 4.8 13 14 1.16 3013.55 0.6 1.8 7.6 5.6 4 6 0.41 3250.36 9160
775 LIC MF Low Duration 0.6 1.7 6.7 4.6 19 20 0.96 35.76 0.6 1.8 7.3 5.2 13 17 0.27 38.40 1125
776 Mahindra Manulife Low Duration 0.5 1.6 6.7 4.7 16 19 1.09 1477.06 0.6 1.8 7.6 5.5 7 11 0.30 1566.77 492
777 Mirae Asset Low Duration 0.6 1.7 6.7 4.7 17 18 0.89 2035.51 0.6 1.8 7.3 5.3 16 14 0.29 2195.95 553
778 Nippon Ind Low Duration 0.6 1.7 6.9 5.1 12 5 0.93 3372.28 0.6 1.8 7.5 5.8 9 4 0.37 3547.46 6030
779 SBI Magnum Low Duration 0.6 1.7 6.9 4.8 11 15 1.02 3151.69 0.6 1.8 7.5 5.4 10 12 0.43 3253.48 10218
780 Sundaram Low Duration 0.6 1.6 6.5 7.3 20 1 0.93 3124.88 0.6 1.8 7.4 8.1 12 1 0.33 3317.10 418
781 Tata Treasury Advtg 0.6 1.7 7.0 5.0 8 7 0.58 3540.13 0.6 1.8 7.3 5.3 14 13 0.25 3621.36 2584
782 UTI Low Duration 0.6 1.8 7.2 7.0 2 2 0.44 3184.05 0.6 1.8 7.3 7.1 15 2 0.35 3230.60 3291
Debt: Ultra Short Duration 0.6 1.6 6.7 5.0 24 23 0.6 1.8 7.3 5.5 24 23
783 ABSL Savings 0.6 1.7 7.3 5.4 2 3 0.55 491.91 0.6 1.8 7.5 5.6 6 5 0.34 499.22 12170
784 Axis Ultra Short Term 0.6 1.6 6.6 4.7 15 16 1.14 13.36 0.6 1.8 7.6 5.7 2 4 0.33 14.01 4318
785 Bandhan Ultra Short Term 0.6 1.7 7.1 5.0 4 10 0.44 13.73 0.6 1.8 7.3 5.2 16 19 0.25 13.86 3669
786 Bank of India Ultra Short Duration 0.5 1.5 6.2 4.7 22 18 1.21 2877.48 0.6 1.6 6.7 5.0 23 21 0.77 2956.63 131
787 Baroda BNP Paribas Ultra Short Duration 0.6 1.7 7.3 5.4 1 4 0.48 1390.53 0.6 1.8 7.5 5.6 5 6 0.30 1405.03 1064
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Debt: Ultra Short Duration 0.6 1.6 6.7 5.0 24 23 0.6 1.8 7.3 5.5 24 23
788 Canara Robeco Ultra Short Term 0.5 1.5 6.4 4.4 19 21 0.95 3452.69 0.6 1.7 7.0 5.0 21 22 0.43 3643.36 467
789 DSP Ultra Short 0.5 1.6 6.8 4.7 13 20 1.04 3086.89 0.6 1.8 7.5 5.4 3 12 0.30 3322.23 2577
790 HDFC Ultra Short Term 0.6 1.7 7.0 5.1 8 7 0.69 13.67 0.6 1.8 7.4 5.5 13 10 0.36 13.90 12182
791 HSBC Ultra Short Duration 0.6 1.7 7.1 5.1 5 8 0.48 1221.39 0.6 1.8 7.3 5.3 15 17 0.22 1234.16 2134
792 ICICI Pru Ultra Short Term 0.6 1.7 7.0 5.3 7 5 0.82 24.98 0.6 1.8 7.5 5.8 7 3 0.39 26.85 13112
793 Invesco India Ultra Short Duration 0.6 1.6 6.7 4.7 14 17 0.89 2432.27 0.6 1.8 7.4 5.4 10 16 0.24 2585.01 685
794 ITI Ultra Short Duration 0.6 1.6 6.4 - 20 - 0.95 1128.17 0.6 1.8 7.3 - 19 - 0.10 1154.78 133
795 Kotak Savings 0.6 1.6 6.9 5.0 10 12 0.81 38.77 0.6 1.7 7.4 5.4 14 15 0.37 40.36 12163
796 LIC MF Ultra Short Duration 0.6 1.5 6.3 4.9 21 13 1.03 1200.76 0.6 1.7 6.7 5.2 22 20 0.32 1214.65 136
797 Mahindra Manulife Ultra Short Duration 0.6 1.7 7.0 5.0 9 11 0.71 1243.15 0.6 1.8 7.4 5.4 11 14 0.29 1265.77 201
798 Mirae Asset Ultra Short Duration 0.6 1.8 7.2 5.2 3 6 0.47 1176.95 0.6 1.8 7.4 5.4 8 11 0.23 1185.36 546
799 Motilal Oswal Ultra Short Term 0.5 1.5 5.9 4.0 24 23 1.07 15.18 0.6 1.6 6.6 4.7 24 23 0.58 15.92 165
800 Nippon Ind Ultra SD 0.6 1.6 6.8 6.5 12 1 1.16 3643.97 0.6 1.8 7.6 7.3 1 1 0.38 3977.27 5445
801 PGIM Ind Ultra SD 0.6 1.6 6.6 4.8 16 15 0.90 30.97 0.6 1.8 7.3 5.4 17 13 0.28 32.09 297
802 SBI Magnum Ultra SD 0.6 1.7 7.0 5.1 6 9 0.54 5391.73 0.6 1.8 7.3 5.3 18 18 0.31 5469.77 11040
803 Sundaram Ultra SD 0.5 1.5 6.2 4.2 23 22 1.43 2455.23 0.6 1.8 7.4 5.5 9 9 0.19 2631.31 1816
804 Tata Ultra ST 0.6 1.6 6.6 4.7 17 19 1.15 12.86 0.7 1.8 7.5 5.5 4 7 0.31 13.36 1830
805 UTI Ultra SD 0.6 1.7 6.8 5.8 11 2 0.97 3837.83 0.6 1.8 7.4 6.4 12 2 0.44 4083.14 1869
806 WhiteOak Capital Ultra SD 0.6 1.6 6.5 4.9 18 14 1.02 1237.58 0.6 1.7 7.1 5.5 20 8 0.49 1271.56 258
Debt: Liquid 0.6 1.8 7.0 5.1 35 34 0.6 1.8 7.1 5.2 35 34
807 360 ONE Liquid 0.6 1.8 7.0 5.0 26 28 0.25 1825.01 0.6 1.8 7.0 5.0 28 28 0.20 1834.39 762
808 ABSL Liquid 0.6 1.8 7.1 5.2 2 8 0.34 380.98 0.6 1.8 7.3 5.3 1 4 0.21 384.86 34052
809 Axis Liquid 0.6 1.8 7.1 5.2 3 6 0.24 2631.15 0.6 1.8 7.2 5.3 5 10 0.17 2650.43 21837
810 Bajaj Finserv Liquid NR 0.6 1.8 - - - - 0.27 1039.77 NR 0.6 1.8 - - - - 0.10 1040.79 1707
811 Bandhan Liquid 0.6 1.8 7.1 5.1 14 19 0.25 2858.76 0.6 1.8 7.2 5.2 8 20 0.12 2881.17 10260
812 Bank of India Liquid 0.6 1.8 7.1 5.2 1 2 0.13 2720.42 0.6 1.8 7.2 5.3 11 8 0.08 2746.30 1117
813 Baroda BNP Paribas Liquid 0.6 1.8 7.1 5.2 11 5 0.31 2721.16 0.6 1.8 7.2 5.3 14 3 0.19 2750.43 6668
814 Canara Robeco Liquid 0.6 1.8 7.1 5.2 6 11 0.17 2845.14 0.6 1.8 7.2 5.2 12 26 0.12 2857.97 2338
815 DSP Liquidity 0.6 1.8 7.1 5.1 16 18 0.23 3374.92 0.6 1.8 7.2 5.2 22 17 0.15 3408.66 9849
816 Edelweiss Liquid 0.6 1.8 6.9 5.0 27 27 0.33 3023.26 0.6 1.8 7.2 5.3 13 5 0.08 3079.10 5331
817 Franklin India Liquid 0.6 1.8 7.0 5.1 20 16 0.19 3556.40 0.6 1.8 7.1 5.2 26 23 0.13 3582.33 1535
818 Groww Liquid 0.6 1.8 6.8 4.9 30 30 0.20 2285.71 0.6 1.8 6.9 5.0 31 31 0.10 2310.33 176
819 HDFC Liquid 0.6 1.8 7.0 5.1 22 25 0.30 4639.87 0.6 1.8 7.1 5.2 25 27 0.20 4685.30 46724
820 HSBC Liquid 0.6 1.8 7.1 5.1 8 12 0.22 2357.63 0.6 1.8 7.2 5.2 6 16 0.12 2376.29 14775
821 ICICI Pru Liquid 0.6 1.8 7.1 5.1 12 22 0.29 350.04 0.6 1.8 7.2 5.2 19 25 0.20 352.99 40913
822 Invesco India Liquid 0.6 1.8 7.1 5.1 13 17 0.22 3249.11 0.6 1.8 7.1 5.2 23 24 0.15 3273.92 6099
823 ITI Liquid 0.6 1.7 6.7 4.9 33 31 0.25 1237.23 0.6 1.7 6.9 5.0 32 30 0.09 1244.97 35
824 JM Liquid 0.6 1.8 7.1 5.1 17 14 0.26 64.61 0.6 1.8 7.2 5.2 20 14 0.16 65.21 1428
825 Kotak Liquid 0.6 1.8 7.0 5.1 21 26 0.32 4781.23 0.6 1.8 7.2 5.2 16 22 0.20 4818.94 24968
826 LIC MF Liquid 0.6 1.8 7.0 5.1 24 21 0.21 4275.47 0.6 1.8 7.1 5.2 24 18 0.16 4330.86 10213
827 Mahindra Manulife Liquid 0.6 1.8 7.1 5.2 5 4 0.26 1538.80 0.6 1.8 7.2 5.3 2 2 0.15 1552.85 577
828 Mirae Asset Liquid 0.6 1.8 7.1 5.2 9 10 0.23 2479.70 0.6 1.8 7.2 5.3 9 9 0.12 2518.82 8304
829 Motilal Oswal Liquid 0.6 1.7 6.6 4.7 35 34 0.37 12.58 0.6 1.7 6.8 4.9 34 34 0.22 12.68 505
830 Navi Liquid 0.6 1.7 6.8 5.2 31 3 0.20 25.86 0.6 1.7 6.9 5.2 33 15 0.15 26.07 107
831 Nippon Ind Liquid 0.6 1.8 7.0 5.1 18 23 0.34 5771.94 0.6 1.8 7.2 5.3 10 13 0.20 5835.63 20448
832 Parag Parikh Liquid 0.6 1.7 6.7 4.9 34 32 0.26 1318.61 0.6 1.7 6.8 5.0 35 32 0.16 1326.29 2046
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Debt: Liquid 0.6 1.8 7.0 5.1 35 34 0.6 1.8 7.1 5.2 35 34
833 PGIM Ind Liquid 0.6 1.8 7.1 5.1 10 15 0.28 307.86 0.6 1.8 7.2 5.3 4 7 0.13 311.01 369
834 Quant Liquid 0.6 1.7 6.8 5.2 32 1 0.54 37.53 0.6 1.8 7.0 5.5 27 1 0.29 38.37 1651
835 Quantum Liquid 0.6 1.7 6.8 4.9 29 29 0.25 31.85 0.6 1.7 7.0 5.0 30 29 0.15 32.03 615
836 SBI Liquid 0.6 1.8 7.0 5.1 23 20 0.31 3699.99 0.6 1.8 7.2 5.2 21 21 0.20 3732.51 58729
837 Sundaram Liquid 0.6 1.8 7.1 5.1 15 13 0.29 2087.09 0.6 1.8 7.2 5.3 15 11 0.17 2106.16 3194
838 Tata Liquid 0.6 1.8 7.0 5.1 19 24 0.32 3724.75 0.6 1.8 7.2 5.2 18 19 0.21 3763.41 23428
839 TRUSTMF Liquid 0.6 1.8 7.0 - 25 - 0.25 1151.50 0.6 1.8 7.2 - 17 - 0.10 1156.31 267
840 Union Liquid 0.6 1.8 7.1 5.2 4 7 0.18 2275.18 0.6 1.8 7.2 5.3 3 6 0.08 2299.89 2053
841 UTI Liquid 0.6 1.8 7.1 5.2 7 9 0.27 3879.06 0.6 1.8 7.2 5.3 7 12 0.18 3909.42 20516
842 WhiteOak Capital Liquid 0.6 1.7 6.9 4.8 28 33 0.35 1273.40 0.6 1.8 7.0 5.0 29 33 0.25 1279.26 242
Debt: Money Market 0.6 1.7 7.1 5.1 22 18 0.6 1.8 7.4 5.4 22 18
843 ABSL Money Manager 0.6 1.8 7.5 5.5 2 1 0.34 332.26 0.6 1.8 7.6 5.6 2 2 0.21 335.97 16700
844 Axis Money Market 0.6 1.8 7.4 5.4 6 6 0.35 1284.68 0.7 1.8 7.6 5.6 4 4 0.17 1293.69 6652
845 Bajaj FinServ Money Market NR 0.6 1.7 - - - - 0.77 1038.02 NR 0.6 1.8 - - - - 0.22 1041.02 1570
846 Bandhan Money Manager 0.6 1.6 6.8 4.7 19 17 0.98 36.38 0.6 1.8 7.5 5.4 11 11 0.23 39.13 3216
847 Baroda BNP Paribas Money Mkt 0.6 1.6 6.9 4.8 17 15 0.42 1242.38 0.6 1.7 7.1 5.0 20 18 0.23 1256.99 65
848 DSP Savings 0.6 1.8 7.3 5.1 10 11 0.38 47.54 0.6 1.8 7.5 5.3 13 13 0.15 48.83 4289
849 Edelweiss Money Market 0.6 1.6 6.5 4.4 20 18 0.98 25.76 0.6 1.7 7.3 5.2 16 17 0.40 28.13 362
850 Franklin India Money Market 0.6 1.8 7.4 5.2 8 9 0.29 45.07 0.6 1.8 7.6 5.4 9 12 0.14 46.47 1386
851 HDFC Money Market 0.6 1.8 7.3 5.4 9 8 0.41 5136.26 0.6 1.8 7.6 5.6 8 6 0.23 5226.70 16092
852 HSBC Money Market 0.6 1.7 7.1 4.8 15 16 0.57 23.77 0.6 1.8 7.4 5.2 15 16 0.25 24.85 1187
853 ICICI Pru Money Market 0.6 1.8 7.4 5.4 4 7 0.31 340.77 0.6 1.8 7.6 5.5 7 10 0.21 344.43 14307
854 Invesco India Money Market 0.6 1.7 7.1 4.9 13 13 0.47 2745.19 0.6 1.8 7.4 5.3 14 14 0.22 2832.58 2888
855 Kotak Money Market 0.6 1.8 7.4 5.4 7 5 0.36 4034.23 0.6 1.8 7.5 5.5 12 8 0.24 4064.66 15906
856 LIC MF Money Market NR 0.6 1.6 6.3 - 21 - 0.61 1089.58 NR 0.6 1.7 6.8 - 22 - 0.18 1096.69 27
857 Mirae Asset Money Market 0.6 1.8 6.9 - 18 - 0.59 1134.24 0.6 1.8 7.2 - 17 - 0.24 1144.80 86
858 Nippon Ind Money Mkt 0.6 1.8 7.4 5.5 5 2 0.40 3726.79 0.6 1.8 7.6 5.6 6 3 0.25 3767.53 12669
859 PGIM Ind Money Mkt 0.6 1.7 7.2 4.9 11 14 0.53 1198.83 0.7 1.8 7.6 5.5 5 7 0.20 1229.85 268
860 SBI Savings 0.6 1.7 7.0 5.0 16 12 0.76 37.43 0.6 1.8 7.5 5.5 10 9 0.25 39.89 17337
861 Sundaram Money Mkt 0.6 1.8 7.1 5.1 12 10 0.34 13.50 0.6 1.8 7.2 5.2 19 15 0.25 13.56 136
862 Tata Money Mkt 0.6 1.8 7.5 5.5 3 4 0.42 4241.24 0.7 1.9 7.7 5.7 1 1 0.16 4305.03 14685
863 TRUSTMF Money Mkt NR 0.6 1.7 7.1 - 14 - 0.31 1100.69 NR 0.6 1.8 7.2 - 18 - 0.16 1103.08 135
864 Union Money Mkt 0.5 1.5 6.3 - 22 - 1.03 1120.93 0.6 1.7 7.1 - 21 - 0.29 1140.31 186
865 UTI Money Mkt 0.6 1.8 7.5 5.5 1 3 0.27 2768.93 0.6 1.8 7.6 5.6 3 5 0.20 2798.91 11213
Debt: Overnight 0.6 1.7 6.6 4.9 32 27 0.6 1.7 6.7 5.0 32 27
866 ABSL Overnight 0.6 1.7 6.6 4.9 16 15 0.19 1273.25 0.6 1.7 6.8 5.0 9 7 0.08 1281.11 8190
867 Axis Overnight 0.6 1.7 6.7 4.9 3 2 0.11 1249.25 0.6 1.7 6.8 5.0 3 3 0.05 1252.89 8564
868 Bajaj Finserv Overnight NR 0.6 1.7 - - - - 0.13 1038.56 NR 0.6 1.7 - - - - 0.08 1038.86 305
869 Bandhan Overnight 0.6 1.7 6.6 4.9 19 19 0.15 1256.22 0.6 1.7 6.7 5.0 12 15 0.05 1263.25 1462
870 Bank of India Overnight 0.6 1.7 6.8 5.0 2 1 0.11 1197.82 0.6 1.7 6.8 5.1 2 1 0.09 1200.73 201
871 Baroda BNP Paribas Overnight 0.6 1.7 6.7 4.9 7 7 0.17 1240.39 0.6 1.7 6.8 5.0 11 12 0.09 1243.97 672
872 Canara Robeco Overnight 0.6 1.7 6.7 4.9 12 3 0.11 1224.09 0.6 1.7 6.7 4.9 30 23 0.10 1225.11 168
873 DSP Overnight 0.6 1.7 6.7 4.9 6 8 0.13 1263.45 0.6 1.7 6.8 5.0 6 10 0.06 1268.81 2796
874 Edelweiss Overnight 0.6 1.7 6.7 4.9 11 14 0.16 1223.76 0.6 1.7 6.7 4.9 22 24 0.09 1226.90 965
875 Franklin India Overnight 0.6 1.7 6.6 4.9 23 18 0.14 1232.70 0.6 1.7 6.7 4.9 29 25 0.11 1235.80 327
876 Groww Overnight 0.6 1.7 6.4 4.7 32 27 0.18 1217.21 0.6 1.7 6.5 4.8 32 27 0.08 1222.24 29
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Debt: Overnight 0.6 1.7 6.6 4.9 32 27 0.6 1.7 6.7 5.0 32 27
877 HDFC Overnight 0.6 1.7 6.6 4.8 28 25 0.20 3485.07 0.6 1.7 6.7 4.9 26 22 0.10 3515.36 8917
878 Helios Overnight NR 0.6 1.7 - - - - 0.15 1018.55 NR 0.6 1.7 - - - - 0.10 1018.69 52
879 HSBC Overnight 0.6 1.7 6.7 4.9 14 13 0.16 1231.39 0.6 1.7 6.8 5.0 7 8 0.06 1239.44 2435
880 ICICI Pru Overnight 0.6 1.7 6.7 4.9 13 16 0.18 1270.54 0.6 1.7 6.7 5.0 20 18 0.10 1276.69 10374
881 Invesco India Overnight 0.6 1.7 6.7 4.9 9 9 0.12 1193.96 0.6 1.7 6.7 5.0 15 19 0.06 1196.88 501
882 ITI Overnight 0.6 1.6 6.4 4.7 31 26 0.18 1199.40 0.6 1.7 6.5 4.8 31 26 0.08 1204.64 120
883 JM Overnight 0.6 1.7 6.6 4.9 20 10 0.14 1199.76 0.6 1.7 6.7 5.0 24 16 0.07 1203.25 247
884 Kotak Overnight 0.6 1.7 6.6 4.8 17 21 0.19 1257.56 0.6 1.7 6.8 5.0 8 13 0.08 1263.55 5946
885 LIC MF Overnight 0.6 1.7 6.6 4.8 27 23 0.20 1220.59 0.6 1.7 6.7 5.0 17 6 0.07 1227.82 298
886 Mahindra Manulife Overnight 0.6 1.7 6.6 4.9 21 12 0.19 1220.49 0.6 1.7 6.7 5.0 19 4 0.09 1226.10 231
887 Mirae Asset Overnight 0.6 1.7 6.7 4.9 8 4 0.18 1209.52 0.6 1.7 6.8 5.0 4 2 0.08 1214.46 1485
888 Navi Overnight NR 0.5 1.6 - - - - 0.25 10.35 NR 0.6 1.7 - - - - 0.05 10.36 13
889 Nippon Ind Overnight 0.6 1.7 6.7 4.9 10 11 0.17 126.56 0.6 1.7 6.8 5.0 5 5 0.08 127.19 6669
890 NJ Overnight NR 0.6 1.7 6.6 - 29 - 0.15 1096.42 NR 0.6 1.7 6.7 - 27 - 0.05 1098.08 129
891 PGIM Ind Overnight 0.6 1.7 6.6 4.9 18 5 0.17 1218.07 0.6 1.7 6.7 5.0 23 9 0.11 1222.38 118
892 Quant Overnight NR 0.6 1.8 7.1 - 1 - 0.23 10.81 NR 0.6 1.9 7.3 - 1 - 0.11 10.83 142
893 Samco Overnight NR 0.5 1.6 6.4 - 30 - 0.30 1084.03 NR 0.6 1.7 6.7 - 28 - 0.10 1087.34 52
894 SBI Overnight 0.6 1.7 6.6 4.9 25 17 0.18 3808.51 0.6 1.7 6.7 4.9 25 21 0.10 3854.28 15399
895 Shriram Overnight NR 0.6 1.7 6.6 - 26 - 0.15 10.94 NR 0.6 1.7 6.7 - 16 - 0.07 10.96 70
896 Sundaram Overnight 0.6 1.7 6.7 4.8 15 24 0.18 1252.66 0.6 1.7 6.7 4.9 18 20 0.07 1258.61 1084
897 Tata Overnight 0.6 1.7 6.6 4.8 22 22 0.18 1243.03 0.6 1.7 6.8 5.0 10 11 0.06 1249.63 3382
898 TRUSTMF Overnight 0.6 1.7 6.7 - 5 - 0.12 1120.44 0.6 1.7 6.7 - 13 - 0.07 1121.62 148
899 Union Overnight 0.6 1.7 6.6 4.9 24 20 0.18 1240.93 0.6 1.7 6.7 5.0 21 17 0.08 1246.87 211
900 UTI Overnight 0.6 1.7 6.7 4.9 4 6 0.10 3209.69 0.6 1.7 6.7 5.0 14 14 0.05 3242.22 6058
Debt: Dynamic Bond 0.8 2.6 7.0 4.8 25 22 0.9 2.7 7.8 5.4 25 22
901 360 ONE Dynamic Bond 1.1 3.0 7.6 5.7 7 3 0.52 19.83 1.1 3.0 7.8 6.0 11 5 0.27 20.85 729
902 ABSL Active Debt Multi Manager FoF 0.6 1.9 7.0 5.1 13 8 0.62 33.44 0.7 2.0 7.4 5.5 20 8 0.27 35.18 10
903 ABSL Dynamic Bond 0.7 2.5 7.2 6.1 9 2 1.23 40.96 0.7 2.6 7.8 6.7 12 2 0.64 43.57 1707
904 Axis All Seasons Debt FoF 0.7 2.6 6.9 5.2 15 7 0.58 12.74 0.8 2.7 7.3 5.6 21 7 0.23 12.91 172
905 Axis Dynamic Bond 0.7 2.2 6.8 4.4 17 12 0.57 26.23 0.7 2.2 7.2 4.8 22 16 0.26 28.69 1730
906 Bandhan Dynamic Bond 1.8 4.1 7.6 3.7 6 19 1.62 30.46 1.8 4.3 8.5 4.7 4 17 0.76 33.44 2102
907 Baroda BNP Paribas Dynamic Bond 0.7 2.5 7.2 4.2 10 14 1.69 40.90 0.8 2.7 8.2 5.3 7 11 0.71 44.93 140
908 Canara Robeco Dynamic Bond 0.9 2.9 6.2 3.4 23 21 1.75 26.57 1.0 3.1 7.4 4.5 17 20 0.67 28.86 112
909 DSP Strategic Bond 1.0 2.9 8.6 4.3 1 13 1.17 2987.61 1.1 3.1 9.3 5.0 1 14 0.53 3153.88 871
910 Groww Dynamic Bond 0.6 2.5 5.5 4.1 25 15 1.45 1333.64 0.7 2.7 6.3 4.8 25 15 0.45 1373.11 37
911 HDFC Dynamic Debt 0.8 2.6 7.1 5.5 11 5 0.85 80.04 0.8 2.7 8.2 6.6 6 3 0.69 87.49 640
912 HSBC Dynamic Bond 0.7 2.6 6.9 4.1 16 16 0.78 26.28 0.7 2.7 7.4 4.6 18 19 0.20 28.24 184
913 ICICI Pru All Seasons Bond 0.6 2.2 7.8 5.6 2 4 1.31 32.84 0.7 2.4 8.6 6.4 3 4 0.53 35.12 11621
914 ITI Dynamic Bond 1.2 2.5 6.4 - 22 - 1.19 11.29 1.3 2.8 7.5 - 14 - 0.14 11.60 32
915 JM Dynamic Bond 0.7 2.1 6.6 4.6 20 10 0.98 36.96 0.7 2.2 7.0 5.1 24 13 0.63 39.19 42
916 Kotak All Weather Debt FOF NR 0.6 1.8 7.8 - 3 - 0.15 10.90 NR 0.6 1.8 7.9 - 10 - 0.07 10.91 25
917 Kotak Dynamic Bond 1.2 3.2 7.8 4.4 4 11 1.31 33.33 1.3 3.4 8.7 5.3 2 10 0.46 35.96 2443
918 Mahindra Manulife Dynamic Bond 0.9 2.5 6.4 3.3 21 - 1.57 12.77 1.0 2.8 7.6 4.4 13 - 0.39 13.56 70
919 Mirae Asset Dynamic Bond 0.6 2.0 6.0 3.5 24 20 1.13 14.57 0.7 2.2 7.0 4.4 23 21 0.23 15.73 198
920 Nippon Ind Dyn Bond 0.6 2.5 7.0 4.1 14 17 0.74 32.85 0.7 2.6 7.4 4.6 16 18 0.32 35.04 4495
CCIL T Bill Liquidity Weight 0.4 1.2 4.5 3.1
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Debt: Dynamic Bond 0.8 2.6 7.0 4.8 25 22 0.9 2.7 7.8 5.4 25 22
921 PGIM Ind Dyn Bond 0.9 2.5 6.7 3.9 18 18 1.64 2343.26 1.0 2.8 8.0 5.2 8 12 0.35 2614.18 120
922 Quantum Dyn Bond 0.9 3.1 7.7 5.3 5 6 0.96 18.99 1.0 3.3 8.0 5.4 9 9 0.51 19.17 93
923 SBI Dyn Bond 0.8 2.5 7.6 4.8 8 9 1.44 31.83 0.9 2.7 8.4 5.6 5 6 0.61 34.42 2939
924 Union Dyn Bond 1.0 2.9 7.1 3.3 12 22 1.50 20.87 1.0 3.0 7.4 3.6 19 22 1.23 21.96 94
925 UTI Dyn Bond 0.8 2.5 6.6 9.3 19 1 1.54 27.56 0.9 2.8 7.5 10.1 15 1 0.69 29.59 468
Debt: Corporate Bond 0.6 1.9 6.9 4.6 22 19 0.6 2.0 7.3 5.1 22 19
926 ABSL Corporate Bond 0.6 2.1 7.5 5.4 2 3 0.50 100.19 0.6 2.2 7.7 5.6 4 4 0.33 101.63 20532
927 ABSL Retirement 50s + Debt 0.5 1.9 5.3 3.0 22 19 2.08 12.08 0.6 2.2 6.6 4.3 21 18 0.85 12.90 21
928 Axis Corporate Debt 0.6 2.0 7.0 5.0 10 6 0.94 15.17 0.7 2.1 7.7 5.7 3 3 0.30 15.93 4955
929 Bandhan Corporate Bond 0.6 1.7 7.0 4.7 8 11 0.62 17.18 0.6 1.8 7.3 5.0 12 13 0.32 17.61 14023
930 Baroda BNP Paribas Corporate Bond 0.6 2.0 7.2 3.8 5 18 0.58 24.31 0.6 2.1 7.6 4.2 6 19 0.20 25.71 141
931 Canara Robeco Corporate Bond 0.6 1.8 6.2 4.1 21 17 1.03 19.57 0.6 1.9 6.9 4.8 20 14 0.38 20.78 160
932 DSP Corporate Bond 0.6 2.0 6.8 4.2 12 16 0.55 14.28 0.6 2.0 7.1 4.4 17 17 0.28 14.48 2548
933 Franklin India Corporate Debt 0.5 1.7 6.6 4.7 16 10 0.79 88.07 0.6 1.9 7.2 5.3 14 8 0.29 94.63 758
934 HDFC Corporate Bond 0.6 1.9 7.5 5.0 3 5 0.60 28.87 0.6 1.9 7.7 5.3 2 7 0.35 29.40 27146
935 HSBC Corporate Bond 0.7 2.1 6.8 4.4 14 14 0.64 65.04 0.7 2.2 7.1 4.7 15 15 0.30 68.95 6087
936 ICICI Pru Corporate Bond 0.6 1.8 7.8 5.5 1 2 0.55 26.56 0.6 1.8 8.0 5.8 1 2 0.32 27.74 23468
937 Invesco India Corporate Bond 0.7 2.0 6.9 4.6 11 12 0.66 2827.90 0.7 2.1 7.3 5.0 11 11 0.28 3014.28 2569
938 Kotak Corporate Bond 0.7 2.0 7.2 5.0 6 4 0.66 3350.93 0.7 2.1 7.6 5.4 8 6 0.33 3482.43 10578
939 Mirae Asset Corporate Bond 0.6 1.9 6.5 - 19 - 0.90 11.38 0.6 2.0 7.0 - 18 - 0.44 11.52 59
940 Nippon Ind Corp Bond 0.7 2.1 7.3 5.6 4 1 0.71 53.16 0.7 2.2 7.7 6.0 5 1 0.34 55.50 2400
941 PGIM Ind Corp Bond 0.6 1.7 6.6 4.7 18 9 1.03 38.60 0.7 1.9 7.4 5.5 10 5 0.29 42.57 109
942 SBI Corp Bond 0.6 1.8 6.8 4.6 13 13 0.80 13.81 0.6 1.9 7.3 5.0 13 12 0.35 14.14 19713
943 Sundaram Corp Bond 0.6 2.0 6.4 4.8 20 8 0.51 35.78 0.6 2.1 6.6 5.0 22 10 0.28 36.88 829
944 Tata Corp Bond 0.7 2.0 7.0 - 9 - 0.86 11.02 0.7 2.1 7.6 - 7 - 0.31 11.17 714
945 TRUSTMF Corp Bond NR 0.6 1.9 6.7 - 15 - 0.65 1068.84 NR 0.6 2.0 7.1 - 16 - 0.22 1073.26 127
946 Union Corp Bond 0.6 2.0 6.6 4.2 17 15 0.69 13.60 0.7 2.1 6.9 4.5 19 16 0.36 13.85 453
947 UTI Corp Bond 0.6 2.0 7.1 4.8 7 7 0.58 14.60 0.7 2.1 7.4 5.2 9 9 0.28 14.86 3093
Debt: Credit Risk 0.7 1.9 8.1 9.3 14 14 0.7 2.1 8.9 10.1 14 14
948 ABSL Credit Risk 0.5 1.8 7.0 6.7 10 6 1.58 18.45 0.6 2.0 7.9 7.7 9 6 0.68 19.97 991
949 Axis Credit Risk 0.6 1.9 7.1 5.7 8 10 1.57 19.06 0.7 2.1 8.0 6.7 8 9 0.80 21.09 492
950 Bandhan Credit Risk 0.6 1.8 6.0 4.4 13 14 1.63 14.81 0.7 2.1 7.0 5.4 13 14 0.66 15.84 385
951 Bank of India Credit Risk 0.5 1.3 5.7 41.0 14 1 1.46 11.18 0.5 1.4 6.0 41.4 14 1 1.15 11.40 142
952 Baroda BNP Paribas Credit Risk 0.7 2.0 7.7 10.2 6 3 1.60 19.77 0.8 2.2 8.5 11.0 6 3 0.79 21.51 165
953 DSP Credit Risk 0.5 1.8 15.8 9.2 1 4 1.15 39.16 0.6 2.0 16.7 10.1 1 4 0.41 42.28 205
954 HDFC Credit Risk Debt 0.9 2.1 7.0 5.9 9 9 1.57 21.47 0.9 2.2 7.6 6.5 10 11 0.96 23.00 8239
955 HSBC Credit Risk 0.5 1.6 6.5 5.3 12 12 1.68 25.89 0.6 1.8 7.4 6.1 12 12 0.86 27.75 569
956 ICICI Pru Credit Risk 1.1 2.5 7.9 6.4 5 7 1.56 28.24 1.1 2.7 8.7 7.1 5 7 0.87 30.84 7323
957 Invesco India Credit Risk 0.6 1.9 11.8 5.7 2 11 1.45 1702.74 0.7 2.2 13.1 7.0 2 8 0.28 1865.82 141
958 Kotak Credit Risk 1.1 2.5 7.3 4.5 7 13 1.70 26.47 1.2 2.8 8.3 5.5 7 13 0.77 29.39 884
959 Nippon Ind Credit Risk 0.7 1.9 8.1 8.4 4 5 1.63 30.99 0.7 2.1 8.9 9.1 4 5 0.91 33.74 1023
960 SBI Credit Risk 0.5 1.8 8.5 6.0 3 8 1.55 40.61 0.6 2.0 9.2 6.6 3 10 0.90 43.45 2633
961 UTI Credit Risk 0.6 1.8 6.7 10.5 11 2 1.64 15.29 0.7 2.0 7.5 11.4 11 2 0.90 17.11 417
Debt: Banking and PSU 0.6 1.9 6.8 4.7 22 20 0.7 2.0 7.3 5.1 22 20
962 ABSL Banking & PSU Debt 0.6 2.0 7.0 5.0 6 4 0.71 327.29 0.6 2.1 7.4 5.3 5 5 0.38 338.07 9550
VR Bond Index 1.0 2.7 7.5 4.6
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Debt: Banking and PSU 0.6 1.9 6.8 4.7 22 20 0.7 2.0 7.3 5.1 22 20
963 Axis Banking & PSU Debt 0.6 1.8 6.7 4.8 18 9 0.63 2357.33 0.6 1.9 7.0 5.1 21 10 0.34 2421.23 14138
964 Bajaj FinServ Banking and PSU NR 0.7 - - - - - 0.89 10.19 NR 0.8 - - - - - 0.34 10.20 93
965 Bandhan Banking & PSU Debt 0.6 1.8 6.9 4.9 10 6 0.63 22.06 0.6 1.9 7.2 5.2 16 8 0.33 22.60 14580
966 Baroda BNP Paribas Banking & PSU Bond 0.6 1.9 6.5 4.1 22 18 0.79 11.27 0.7 2.0 7.3 4.6 11 17 0.39 11.46 30
967 Canara Robeco Banking and PSU Debt NR 0.6 1.8 6.5 - 21 - 0.71 10.84 NR 0.6 1.9 6.8 - 22 - 0.40 10.89 424
968 DSP Banking & PSU Debt 0.7 2.1 7.1 4.7 3 12 0.57 21.41 0.7 2.1 7.3 4.9 7 13 0.32 22.08 2398
969 Edelweiss Banking & PSU Debt 0.8 2.1 6.7 4.7 14 11 0.70 21.93 0.8 2.2 7.1 5.1 19 11 0.39 22.62 298
970 Franklin India Banking & PSU Debt 0.6 1.8 7.0 4.8 7 10 0.55 20.08 0.6 1.9 7.4 5.1 6 9 0.27 20.88 643
971 HDFC Banking and PSU Debt 0.6 1.9 7.0 4.8 5 8 0.81 20.54 0.7 2.0 7.5 5.3 3 7 0.39 21.27 6155
972 HSBC Banking and PSU Debt 0.6 1.9 6.7 4.0 17 19 0.61 21.76 0.6 2.0 7.1 4.4 18 19 0.23 22.80 4497
973 ICICI Pru Banking & PSU Debt 0.6 1.7 7.5 5.4 1 2 0.74 29.22 0.6 1.8 7.9 5.8 1 2 0.39 30.32 8269
974 Invesco India Banking and PSU 0.7 2.1 6.7 3.7 13 20 0.66 2018.13 0.7 2.2 7.2 4.1 14 20 0.28 2152.05 118
975 ITI Banking and PSU 0.8 2.0 6.6 5.2 19 3 0.70 11.71 0.8 2.2 7.2 5.7 13 3 0.15 11.92 30
976 Kotak Banking & PSU Debt 0.6 2.0 7.1 4.9 2 5 0.81 58.28 0.6 2.1 7.6 5.4 2 4 0.37 60.40 5982
977 LIC MF Banking & PSU Debt 0.6 2.0 6.8 4.3 12 16 0.78 31.05 0.7 2.1 7.3 4.9 8 14 0.28 33.25 1327
978 Mirae Asset Banking and PSU 0.6 1.9 6.5 4.4 20 15 0.82 11.57 0.6 2.0 7.0 4.8 20 15 0.37 11.76 70
979 Nippon Ind Banking & PSU Debt 0.6 2.0 7.0 4.8 8 7 0.78 18.51 0.6 2.1 7.4 5.3 4 6 0.36 19.11 5298
980 SBI Banking and PSU 0.5 1.8 6.7 4.2 16 17 0.81 2783.09 0.6 1.9 7.2 4.7 15 16 0.34 2939.03 4413
981 Sundaram Banking & PSU Debt 0.6 2.0 7.0 4.4 4 14 0.37 38.36 0.6 2.0 7.2 4.6 17 18 0.21 38.83 357
982 Tata Banking & PSU Debt 0.6 1.9 6.8 4.6 11 13 0.72 12.84 0.7 2.1 7.3 5.1 10 12 0.25 13.11 227
983 TRUSTMF Banking & PSU 0.6 1.6 6.7 - 15 - 0.71 1137.84 0.6 1.7 7.2 - 12 - 0.21 1155.01 341
984 UTI Banking & PSU 0.7 2.1 6.9 6.8 9 1 0.57 19.62 0.7 2.2 7.3 7.1 9 1 0.24 19.89 945
Debt: Floater 0.6 1.8 7.5 5.2 12 8 0.6 1.9 7.9 5.7 12 8
985 ABSL Floating Rate 0.6 1.7 7.5 5.5 5 2 0.45 311.05 0.6 1.8 7.8 5.8 8 4 0.23 318.70 11948
986 Axis Floater 0.8 2.7 7.4 - 8 - 0.57 1143.84 0.8 2.7 7.8 - 7 - 0.20 1155.20 308
987 Bandhan Floating Rate 0.6 1.7 6.9 - 12 - 0.83 11.49 0.6 1.9 7.4 - 12 - 0.35 11.65 210
988 Baroda BNP Paribas Floater NR 0.5 1.6 - - - - 0.64 10.57 NR 0.6 1.7 - - - - 0.24 10.61 28
989 DSP Floater 0.7 2.2 8.1 - 1 - 0.59 11.67 0.7 2.3 8.4 - 2 - 0.21 11.76 868
990 Franklin India Floating Rate 0.5 1.7 7.5 5.1 7 7 0.98 36.22 0.6 1.9 8.2 5.8 3 3 0.23 39.14 316
991 HDFC Floating Rate Debt 0.6 1.7 7.9 5.6 3 1 0.48 44.44 0.6 1.8 8.1 5.8 4 2 0.26 45.18 15616
992 ICICI Pru Floating Interest 0.4 1.5 8.0 5.3 2 3 1.27 378.83 0.5 1.7 8.7 6.0 1 1 0.61 410.07 10830
993 Kotak Floating Rate 0.5 1.7 7.5 5.2 6 4 0.62 1342.93 0.6 1.8 7.9 5.6 5 5 0.22 1366.91 4490
994 Nippon Ind Floating Rate 0.6 1.8 7.4 5.2 9 5 0.61 40.16 0.7 1.8 7.7 5.5 9 6 0.31 42.09 7242
995 SBI Floating Rate Debt 0.6 1.7 7.7 5.2 4 6 0.47 11.87 0.6 1.8 7.9 5.4 6 8 0.27 11.95 1406
996 Tata Floating Rate 0.6 1.6 7.2 - 10 - 0.73 11.42 0.6 1.8 7.7 - 10 - 0.30 11.55 253
997 UTI Floater 0.6 1.7 6.9 4.8 11 8 0.85 1352.16 0.7 1.8 7.5 5.4 11 7 0.35 1406.12 1419
Debt: Gilt 1.0 3.0 7.4 4.1 25 22 1.0 3.2 8.1 4.9 23 20
998 ABSL Government Securities 1.1 3.4 7.7 4.5 9 5 1.11 72.65 1.2 3.6 8.4 5.2 9 7 0.46 77.34 1391
999 Axis Gilt 0.9 3.1 7.6 4.2 11 7 0.80 22.52 0.9 3.3 8.1 4.8 12 11 0.40 23.87 242
1000 Bandhan GSF Investment 1.8 4.3 8.1 4.1 4 10 1.07 31.43 1.9 4.4 8.8 4.8 6 12 0.45 33.67 1466
1001 Baroda BNP Paribas Gilt 0.8 2.8 7.7 3.9 10 15 0.45 37.49 0.8 2.9 8.0 4.6 13 15 0.14 40.95 1328
1002 Canara Robeco Gilt 1.1 3.2 7.2 3.9 18 14 1.25 67.68 1.1 3.3 7.9 4.7 14 13 0.52 72.16 101
1003 DSP Government Securities 1.4 3.5 8.2 4.7 3 4 1.19 84.98 1.4 3.7 8.8 5.3 5 4 0.56 89.78 638
1004 Edelweiss Government Securities 1.4 3.6 7.2 4.9 16 3 1.15 21.88 1.4 3.8 7.9 5.6 16 3 0.49 23.06 135
CCIL All Sovereign Bond - TRI 1.6 4.1 9.0 4.6
CCIL T Bill Liquidity Weight 0.4 1.2 4.5 3.1
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Debt: Gilt 1.0 3.0 7.4 4.1 25 22 1.0 3.2 8.1 4.9 23 20
1005 Franklin India Govt Securities 0.5 2.0 5.6 3.7 25 21 1.12 52.83 0.5 2.1 6.1 4.1 23 20 0.61 57.46 133
1006 HDFC Gilt 0.7 2.7 7.4 4.0 12 13 0.89 49.25 0.8 2.8 7.9 4.4 15 17 0.46 51.52 2404
1007 HSBC Gilt 0.8 2.9 6.0 3.0 24 22 1.70 59.43 0.9 3.2 7.3 4.3 22 19 0.48 66.99 214
1008 ICICI Pru Gilt 0.6 2.1 8.7 5.4 1 1 1.09 91.27 0.6 2.2 9.3 6.0 2 1 0.56 97.60 4487
1009 Invesco India Gilt 1.5 3.7 7.8 3.7 6 18 1.25 2526.26 1.6 3.9 8.6 4.5 7 16 0.48 2764.53 23
1010 Kotak Gilt Investment 0.7 2.8 7.8 4.2 7 9 1.48 86.69 0.8 3.1 8.9 5.3 4 5 0.46 96.99 2984
1011 LIC MF Gilt 1.0 2.8 7.0 3.7 22 20 1.48 53.62 1.1 3.0 7.7 4.4 18 18 0.76 58.47 46
1012 Motilal Oswal 5 Year G-Sec FoF 0.8 2.9 7.4 - 13 - 0.20 11.10 0.8 3.0 7.5 - 19 - 0.13 11.11 16
1013 Nippon Ind Gilt Securities 0.9 3.1 7.4 3.9 15 17 1.42 34.01 1.0 3.3 8.2 4.8 10 10 0.63 37.92 1511
1014 PGIM Ind Gilt 0.9 2.8 7.1 4.1 20 11 1.46 26.97 1.0 3.0 8.2 5.2 11 8 0.45 28.77 123
1015 Quant Gilt NR 0.6 2.2 6.4 - 23 - 1.41 10.70 NR 0.7 2.5 7.4 - 21 - 0.51 10.81 57
1016 SBI Magnum Gilt 0.8 2.7 8.1 5.3 5 2 0.95 58.81 0.9 2.9 8.6 5.8 8 2 0.47 61.87 7782
1017 Tata GSF 1.3 3.5 8.4 4.0 2 12 1.65 70.11 1.4 3.8 9.3 4.9 1 9 0.46 77.24 314
1018 Union Gilt NR 0.9 3.1 7.1 - 19 - 0.97 10.94 NR 1.0 3.2 7.7 - 17 - 0.70 11.03 146
1019 UTI Gilt 0.9 2.9 7.2 4.3 17 6 0.94 55.95 0.9 2.9 7.4 4.6 20 14 0.68 57.71 566
Debt: Gilt with 10 yr Constant Duration 0.8 3.1 8.0 3.7 5 4 0.8 3.2 8.3 3.9 5 4
1020 Bandhan GSF Constant Mtrty Plan NR 1.0 3.4 8.0 3.7 3 3 0.52 40.01 NR 1.0 3.4 8.2 3.8 3 3 0.30 40.55 317
1021 DSP 10Y G-Sec NR 0.8 3.1 8.1 3.0 2 4 0.52 19.23 NR 0.8 3.1 8.3 3.2 1 4 0.31 19.64 50
1022 ICICI Pru Constant Maturity Gilt NR 0.8 3.1 8.1 4.1 1 1 0.39 21.63 NR 0.8 3.1 8.3 4.3 2 2 0.23 22.07 2343
1023 SBI Magnum Constant Mtrty NR 0.7 3.1 7.9 4.0 4 2 0.64 56.08 NR 0.7 3.2 8.2 4.3 5 1 0.31 58.04 1588
1024 UTI Gilt Fund with 10Y Const Duration NR 0.8 3.0 7.7 - 5 - 0.70 11.11 NR 0.8 3.2 8.2 - 4 - 0.23 11.19 161
Commodities: Gold -0.9 2.0 8.8 7.3 13 10 -0.9 2.1 9.1 7.6 13 10
1025 ABSL Gold -1.2 2.3 8.9 7.2 7 8 0.51 18.72 -1.2 2.4 9.3 7.6 7 7 0.15 19.36 290
1026 Axis Gold -0.7 2.5 9.6 7.7 2 1 0.50 18.87 -0.7 2.6 9.7 7.9 3 3 0.17 20.44 375
1027 DSP Gold ETF FoF NR -0.9 - - - - - 1.00 10.21 NR -0.8 - - - - - 0.63 10.22 16
1028 Edelweiss Gold and Silver ETF FoF NR -1.6 0.4 6.7 - 13 - 0.66 12.34 NR -1.5 0.5 7.1 - 13 - 0.23 12.42 98
1029 HDFC Gold -1.1 1.9 8.9 7.3 8 7 0.50 19.24 -1.1 2.0 9.2 7.6 8 5 0.18 20.05 1705
1030 ICICI Pru Regular Gold Savings (FOF) -0.5 2.4 9.1 7.4 6 4 0.36 19.94 -0.5 2.4 9.4 7.7 6 4 0.09 20.57 760
1031 Invesco India Gold ETF FoF -1.2 2.2 8.4 6.8 11 10 0.45 18.23 -1.2 2.3 8.7 7.1 11 10 0.20 18.85 64
1032 Kotak Gold -1.2 1.8 8.7 7.0 9 9 0.50 24.77 -1.1 1.9 9.1 7.4 10 9 0.15 25.97 1602
1033 LIC MF Gold ETF FoF -1.0 1.9 9.3 7.6 3 3 0.67 16.75 -0.9 2.0 9.8 8.0 2 1 0.26 17.55 47
1034 Motilal Oswal Gold and Silver ETFs FoF NR -1.0 1.4 7.5 - 12 - 0.51 12.15 NR -1.0 1.5 7.9 - 12 - 0.16 12.21 37
1035 Nippon Ind Gold Svngs -0.6 2.4 9.3 7.3 5 6 0.35 24.76 -0.6 2.5 9.5 7.6 4 6 0.13 25.81 1595
1036 Quantum Gold Svngs -0.8 2.4 9.3 7.4 4 5 0.21 24.35 -0.8 2.4 9.4 7.5 5 8 0.06 24.57 97
1037 SBI Gold -0.3 2.4 9.7 7.6 1 2 0.42 18.85 -0.3 2.5 10.0 7.9 1 2 0.10 19.67 1513
1038 Tata Gold ETF FoF NR - - - - - - 0.69 10.13 NR - - - - - - 0.07 10.14 -
1039 UTI Gold ETF FoF NR -1.1 2.0 8.7 - 10 - 0.56 12.17 NR -1.0 2.1 9.2 - 9 - 0.10 12.24 82
Debt: Target Maturity 0.7 2.2 7.4 5.1 6 3 0.7 2.3 7.4 5.1 6 3
1040 Axis Nifty AAA + SDL Apr 26 5050 ETF FoF NR 0.7 2.0 7.0 - 5 - 0.22 11.02 NR 0.7 2.0 7.2 - 5 - 0.07 11.06 291
1041 BHARAT Bond ETF FOF-April 2032 NR 0.1 1.8 6.5 - 6 - 0.06 11.08 NR 0.1 1.8 6.5 - 6 - 0.06 11.08 4242
1042 BHARAT Bond ETF FOF-April 2033 NR 1.1 2.9 8.0 - 1 - 0.06 10.88 NR 1.1 2.9 8.0 - 1 - 0.06 10.88 1971
1043 BHARAT Bond FOF-April 2025 NR 0.7 1.8 7.2 4.8 4 3 0.06 11.79 NR 0.7 1.8 7.2 4.8 4 3 0.06 11.79 4938
1044 BHARAT Bond FOF-April 2030 NR 0.7 2.4 7.9 5.4 2 1 0.06 13.28 NR 0.7 2.4 7.9 5.4 2 1 0.06 13.28 6731
1045 BHARAT Bond FOF-April 2031 NR 0.6 2.5 7.8 5.1 3 2 0.06 11.85 NR 0.6 2.5 7.8 5.1 3 2 0.06 11.85 4456
CCIL All Sovereign Bond - TRI 1.6 4.1 9.0 4.6
CCIL T Bill Liquidity Weight 0.4 1.2 4.5 3.1
Domestic Price of Gold Index -0.6 2.4 10.3 8.4
All data as of January 31, 2024 *ETFs and index funds are excluded here. They have been included in their respective scoreboards. AUM as of December 31, 2023
Navi Nifty Next 50 Index NR 25.6 40.6 - 0.12 0.58 01/22 NR 25.7 41.3 - 0.1 0.12 01/22 183
Navi S&P BSE Sensex Index NR 12.1 - - - 0.9 09/23 NR 12.3 - - - 0.14 09/23 9
Nippon Ind Index Nifty 50 13.8 23.6 17 0.06 0.59 09/10 13.9 24 17.8 0.05 0.2 01/13 1263
Nippon Ind Index S&P BSE Sensex 12.3 21.2 16.3 0.07 0.58 09/10 12.4 21.9 16.8 0.06 0.18 01/13 596
Nippon Ind Nifty Alpha Low Volatility 30 NR 24.1 45.1 - 0.15 0.72 08/22 NR 24.2 45.9 - 0.15 0.3 08/22 103
SBI Nifty Index 13.8 23.7 17.5 0.05 0.5 01/02 13.9 24.1 17.9 0.05 0.18 01/13 5927
SBI Nifty Next 50 Index NR 25.5 40.8 - 0.06 0.84 05/21 NR 25.7 41.5 - 0.05 0.34 05/21 624
SBI S&P BSE Sensex Index NR 12.3 - - - 0.45 05/23 NR 12.4 - - - 0.2 05/23 146
Sundaram Nifty 100 Equal Wght 21.3 38 21.4 0.38 1.03 07/99 21.4 38.6 22 0.38 0.57 01/13 72
Tata Nifty 50 Index 13.8 23.5 17.4 0.06 0.52 02/03 13.9 23.9 17.8 0.06 0.2 01/13 582
Tata S&P BSE Sensex Index 12.3 21.3 16 0.12 0.58 02/03 12.3 21.6 16.5 0.11 0.27 01/13 299
Taurus Nifty 50 Index NR 13.7 22.5 16.9 0.32 1.04 06/10 NR 13.7 22.9 17.3 0.32 1.01 01/13 3
UTI Nifty 50 Index 13.9 23.9 17.8 0.05 0.41 03/00 13.9 24.1 17.9 0.04 0.21 01/13 15002
UTI Nifty Next 50 Index 25.5 40.8 20.2 0.07 0.8 06/18 25.7 41.4 20.8 0.07 0.35 06/18 3027
UTI Nifty200 Momentum 30 Index NR 29.7 56.1 - 0.16 0.92 03/21 NR 29.9 56.8 - 0.15 0.46 03/21 3689
UTI NIFTY50 Equal Wght Index NR 17.6 - - - 1 06/23 NR 17.8 - - - 0.55 06/23 55
UTI S&P BSE Low Volatility Index NR 19.5 36.1 - 0.1 0.91 03/22 NR 19.6 36.7 - 0.1 0.45 03/22 250
UTI S&P BSE Sensex Index NR 12.4 21.6 - 0.1 0.3 01/22 NR 12.4 21.7 - 0.09 0.2 01/22 177
EQUITY: LARGE & MIDCAP
Edelweiss NIFTY Large Mid Cap 250 Index NR 19 38.8 - 0.09 0.89 12/21 NR 19.3 39.8 - 0.09 0.13 12/21 83
EQUITY: FLEXI CAP
Groww Nifty Total Market Index NR 17.5 - - - 1 10/23 NR 17.7 - - - 0.25 10/23 64
HDFC S&P BSE 500 Index NR 17.4 - - - 1 04/23 NR 17.6 - - - 0.3 04/23 32
Motilal Oswal Nifty 500 Index 17.7 32.5 20.4 0.05 1.05 09/19 17.9 33.4 21.2 0.04 0.38 09/19 658
EQUITY: MID CAP
ABSL Nifty Midcap 150 Index NR 23.2 54.4 - 0.33 1.04 04/21 NR 23.3 55.3 - 0.33 0.44 04/21 150 A
Axis Nifty Midcap 50 Index NR 22.7 56.3 - 0.21 0.98 03/22 NR 22.9 57.5 - 0.21 0.23 03/22 200 A
Edelweiss Nifty Midcap150 Momentum 50 NR 27.8 65.4 - 0.34 0.92 11/22 NR 28 66.6 - 0.34 0.14 11/22 129
HDFC NIFTY Midcap 150 Index NR 22.5 - - - 1 04/23 NR 22.7 - - - 0.3 04/23 80 A
ICICI Pru Nifty Midcap 150 Index NR 22.5 53 - 0.07 0.95 12/21 NR 22.7 54.3 - 0.06 0.28 12/21 292 A
Motilal Oswal Nifty Midcap 150 22.7 53.7 30.9 0.08 1 09/19 22.9 54.8 31.9 0.08 0.3 09/19 1248 A
Navi Nifty Midcap 150 Index NR 22.5 52.8 - 0.14 0.99 03/22 NR 22.8 54.2 - 0.13 0.11 03/22 96 A
Nippon Ind Nifty Midcap150 NR 22.7 53.8 - 0.09 0.78 02/21 NR 22.8 54.6 - 0.08 0.3 02/21 1045 A
SBI Nifty Midcap 150 Index NR 22.6 53.5 - 0.07 1.01 10/22 NR 22.8 54.4 - 0.06 0.41 10/22 267 A
Tata Nifty Midcap 150 Momentum 50 Index NR 27.3 64.7 - 0.57 1.04 10/22 NR 27.6 66 - 0.57 0.32 10/22 211
EQUITY: SMALL CAP
ABSL Nifty Smallcap 50 Index NR 27.5 70.9 - 0.46 1.05 04/21 NR 27.6 71.9 - 0.46 0.5 04/21 134 _
Axis Nifty Smallcap 50 Index NR 26.8 70.6 - 0.34 1 03/22 NR 27.1 71.9 - 0.34 0.25 03/22 200 _
Bandhan Nifty Smallcap 250 Index NR - - - - 0.86 12/23 NR - - - - 0.17 12/23 17 A
Edelweiss Nifty Smallcap 250 Index NR 24.9 61.5 - 0.22 0.92 11/22 NR 25.1 62.6 - 0.21 0.14 11/22 25 A
HDFC NIFTY Smallcap 250 Index NR 24.9 - - - 1 04/23 NR 25.2 - - - 0.3 04/23 105 A
ICICI Pru Nifty Smallcap 250 Index NR 25 61.4 - 0.08 0.95 11/21 NR 25.2 62.5 - 0.07 0.3 11/21 225 A
Kotak Nifty Smallcap 50 Index NR 27.3 - - - 1.04 04/23 NR 27.5 - - - 0.4 04/23 42 _
All data as of January 31, 2024. Portfolio-related data as of December 31, 2023. *See end of ‘Index Scoreboard’
Motilal Oswal Nifty Microcap 250 Index NR 26.4 - - - 1.08 07/23 NR 26.6 - - - 0.38 07/23 623 ^
Motilal Oswal Nifty Smallcap 250 25 61.7 33.8 0.09 1.04 09/19 25.3 62.9 34.8 0.09 0.36 09/19 604 A
Nippon Ind Nifty Smallcap 250 Index 25 61.5 33.8 0.13 0.88 10/20 25.2 62.5 34.8 0.13 0.32 10/20 960 A
SBI Nifty Smallcap 250 Index NR 25 61.8 - 0.06 1.01 10/22 NR 25.2 62.7 - 0.06 0.41 10/22 474 A
EQUITY: VALUE ORIENTED
Motilal Oswal S&P BSE Enhanced Value NR 38 71.1 - 0.26 1.03 08/22 NR 38.3 72.2 - 0.26 0.38 08/22 179
Nippon Ind Nifty 50 Value 20 Index NR 18.7 29.2 - 0.08 0.68 02/21 NR 18.9 29.9 - 0.08 0.2 02/21 458
UTI Nifty 500 Value 50 Index NR 37.7 - - - 1 05/23 NR 37.8 - - - 0.53 05/23 174
EQUITY: SECTORAL-BANKING
ICICI Pru Nifty Bank Index NR 7 12.7 - 0.07 0.95 03/22 NR 7.3 13.6 - 0.06 0.2 03/22 303
Kotak Nifty Finan Services Ex-Bank Index NR 11.7 - - - 0.88 08/23 NR 11.9 - - - 0.23 08/23 13
Motilal Oswal Nifty Bank 7.1 13 14 0.08 1 09/19 7.3 13.8 14.8 0.07 0.33 09/19 528
Motilal Oswal S&P BSE Fins ex Bank 30 NR 15.4 43.8 - 0.47 1.01 07/22 NR 15.7 44.8 - 0.47 0.31 07/22 11
Navi Nifty Bank Index NR 7.1 12.8 - 0.07 0.8 02/22 NR 7.3 13.6 - 0.06 0.1 02/22 471
EQUITY: SECTORAL-PHARMA
Edelweiss MSCI Ind Domstic & World HC 45 20.8 36.4 15.3 2.26 1.04 10/20 21 37.2 16 2.26 0.49 10/20 137
ICICI Pru Nifty Pharma Index NR 21.7 43.3 - 0.29 0.99 12/22 NR 21.9 44.3 - 0.29 0.29 12/22 28
EQUITY: SECTORAL-TECHNOLOGY
Axis Nifty IT Index NR 19.9 - - - 1 07/23 NR 20.1 - - - 0.29 07/23 103
Bandhan Nifty IT Index NR 21.2 - - - 1 08/23 NR 21.4 - - - 0.35 08/23 17
ICICI Pru Nifty IT Index NR 19.9 24.3 - 0.23 0.92 08/22 NR 20.1 25.1 - 0.23 0.37 08/22 344
EQUITY: THEMATIC
DSP Nifty Midcap 150 Quality 50 Index NR 13.5 31.1 - 0.07 0.96 08/22 NR 13.7 32 - 0.06 0.34 08/22 203 a
DSP Nifty Smallcap250 Quality 50 Index NR - - - - 0.99 12/23 NR - - - - 0.29 12/23 45 a
Edelweiss Nifty 100 Quality 30 Index NR 14.4 30.2 - 0.1 0.83 05/16 NR 14.6 31 - 0.09 0.14 10/21 19
ICICI Pru Nifty Auto Index NR 20.4 43.5 - 0.25 0.99 10/22 NR 20.6 44.4 - 0.25 0.39 10/22 48
Kotak S&P BSE Housing Index NR 17.1 - - - 0.87 08/23 NR 17.3 - - - 0.22 08/23 8
Motilal Oswal S&P BSE Quality Index NR 25.9 39 - 0.19 1.02 08/22 NR 26.1 40 - 0.2 0.37 08/22 9
Navi Nifty India Manufacturing Index NR 19.4 35.5 - 0.09 1 08/22 NR 19.6 36.7 - 0.09 0.12 08/22 20
UTI Nifty Midcap 150 Quality 50 Index NR 13.5 31 - 0.08 0.91 04/22 NR 13.6 31.6 - 0.07 0.46 04/22 170 a
UTI S&P BSE Hsng Index NR 17 - - - 1 06/23 NR 17.2 - - - 0.54 06/23 17
EQUITY: INTERNATIONAL
ICICI Pru NASDAQ 100 Index NR 18.5 43.3 - 17.42 0.98 10/21 NR 18.6 44 - 17.42 0.52 10/21 1016
Motilal Oswal S&P 500 Index NR 15.2 22.5 13.2 - 1.13 04/20 NR 15.3 23.2 13.8 - 0.56 04/20 2996
DEBT: SHORT DURATION
Edelweiss CRISIL IBX 50:50 Gilt+SDL SD NR 2.3 - - - 0.64 02/23 NR 2.4 - - - 0.19 02/23 157 a
DEBT: TARGET MATURITY
ABSL CRISIL IBX 50:50 Gilt+SDL Apr 2028 NR 2.7 7.8 - 0.6 0.35 10/22 NR 2.7 7.9 - 0.6 0.2 10/22 417
ABSL CRISIL IBX AAA Mar 2024 Index NR 1.8 - - - 0.32 02/23 NR 1.8 - - - 0.11 02/23 1288 ^
ABSL CRISIL IBX Gilt Apr 2028 Index NR 2.6 - - - 0.76 03/23 NR 2.7 - - - 0.46 03/23 28
ABSL CRISIL IBX Gilt -Apr 2029 Index NR 3 8.2 - 0.36 0.36 10/22 NR 3 8.4 - 0.36 0.21 10/22 700
ABSL CRISIL IBX GILT APRIL 2033 INDEX NR - - - - 0.47 12/23 NR - - - - 0.22 12/23 116
ABSL CRISIL IBX Gilt-April 2026 Index NR 2.4 7.1 - 0.95 0.35 10/22 NR 2.4 7.3 - 0.95 0.2 10/22 333 a
All data as of January 31, 2024. Portfolio-related data as of December 31, 2023. *See end of ‘Index Scoreboard’
ABSL CRISIL IBX SDL Jun 2032 Index NR 2.3 - - - 0.58 02/23 NR 2.4 - - - 0.23 02/23 146
ABSL CRSl IBX 60:40 SDL+AAA PSU-Apr 2027 NR 2.2 7.1 - 0.47 0.4 03/22 NR 2.2 7.3 - 0.47 0.2 03/22 1533 a
ABSL IBX 60:40 SDL+ AAA PSU Apr 2026 NR 2 6.9 - 0.37 0.45 12/22 NR 2 7.1 - 0.37 0.2 12/22 50 a
ABSL IBX 60:40 SDL+AAA PSU-Apr 2025 NR 1.8 7 - 0.24 0.36 03/22 NR 1.8 7.2 - 0.24 0.21 03/22 190 a
ABSL Nifty SDL Apr 2027 Index NR 2.3 6.9 - 0.74 0.5 01/22 NR 2.4 7.2 - 0.74 0.2 01/22 4192 a
ABSL Nifty SDL Sep 2025 Index NR 1.9 7 - 0.65 0.35 09/22 NR 2 7.1 - 0.66 0.2 09/22 83 a
ABSL Nifty SDL Sep 2027 Index NR 2.5 - - - 0.51 03/23 NR 2.6 - - - 0.21 03/23 39
ABSL SDL + PSU Bond Sep 2026 60:40 NR 2.1 7 - 0.59 0.36 09/21 NR 2.1 7.2 - 0.59 0.2 09/21 10336 a
Axis CRISIL IBX 50:50 Gilt+SDL Jun 2028 NR 2.7 7.4 - 0.55 0.4 01/23 NR 2.7 7.7 - 0.55 0.18 01/23 67
Axis CRISIL IBX 50:50 Gilt+SDL Sep 2027 NR 2.5 - - - 0.4 02/23 NR 2.6 - - - 0.15 02/23 33 a
Axis CRISIL IBX 7030 CPSE + SDL Apl 2025 NR 1.7 7 - 0.43 0.31 01/22 NR 1.8 7.2 - 0.43 0.16 01/22 578 a
Axis CRISIL IBX SDL May 2027 Index NR 2.4 7.1 - 0.73 0.31 02/22 NR 2.4 7.2 - 0.73 0.16 02/22 2044 a
Axis Nifty SDL September 2026 Debt Index NR 2.3 6.9 - 0.96 0.3 11/22 NR 2.3 7.1 - 0.96 0.15 11/22 76 a
Bandhan CRISIL IBX 90:10 SDL+Gilt Apr 32 NR 2.4 7.5 - 3.66 0.34 11/22 NR 2.4 7.7 - 3.66 0.16 11/22 331
Bandhan CRISIL IBX 90:10 SDL+Gilt Nov 26 NR 2.3 7 - 0.62 0.41 11/22 NR 2.4 7.2 - 0.62 0.16 11/22 110 a
Bandhan CRISIL IBX 90:10 SDL+Gilt Sep 27 NR 2.5 7.2 - 1.03 0.41 11/22 NR 2.6 7.5 - 1.03 0.16 11/22 165 a
Bandhan Crisil IBX Gilt April 2026 Index NR 2.3 7.1 - 0.94 0.41 10/22 NR 2.4 7.4 - 0.94 0.16 10/22 476 a
Bandhan CRISIL IBX Gilt April 2028 Index NR 2.7 7.6 - 0.34 0.41 03/21 NR 2.8 7.9 - 0.34 0.16 03/21 4898
Bandhan Crisil IBX Gilt April 2032 Index NR 3.1 - - - 0.46 02/23 NR 3.2 - - - 0.2 02/23 335
Bandhan CRISIL IBX Gilt June 2027 Index NR 2.6 7.5 - 0.24 0.41 03/21 NR 2.7 7.7 - 0.24 0.16 03/21 8326 a
Baroda BNP Paribas Nifty SDL Dec 2026 NR 2.3 6.8 - 1.07 0.49 01/23 NR 2.4 7.1 - 1.07 0.19 01/23 142 a
Baroda BNP Paribas NIFTY SDL Dec 2028 NR 2.7 - - - 0.49 03/23 NR 2.8 - - - 0.19 03/23 43
DSP CRISIL SDL+G-Sec Apr 2033 50:50 Ind NR 2.8 7.9 - 0.61 0.42 01/23 NR 2.9 8.2 - 0.61 0.15 01/23 322
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 NR 2.7 7.7 - 0.51 0.3 03/22 NR 2.8 7.8 - 0.51 0.15 03/22 2301
DSP Nifty SDL+G-Sec Sep 2027 50:50 Index NR 2.6 - - - 0.33 02/23 NR 2.6 - - - 0.17 02/23 87 a
Edelweiss CRISIL IBX 50:50 Gilt+SDL 2027 NR 2.5 7.2 - 0.49 0.46 10/22 NR 2.5 7.5 - 0.49 0.2 10/22 91 a
Edelweiss CRISIL IBX 50:50 Gilt+SDL 2028 NR 2.7 7.6 - 0.72 0.47 11/22 NR 2.8 7.9 - 0.72 0.2 11/22 178
Edelweiss CRISIL IBX 50:50 Gilt+SDL 2037 NR 3.1 7.9 - 0.79 0.45 10/22 NR 3.1 8.2 - 0.79 0.2 10/22 839
Edelweiss CRISIL PSU+SDL 50:50 Oct 2025 NR 1.8 7 - 0.4 0.39 03/22 NR 1.9 7.2 - 0.41 0.2 03/22 835 a
Edelweiss NIFTY PSU Bond+ Apr 2026 50:50 NR 2 6.9 - 0.59 0.4 03/21 NR 2 7.1 - 0.59 0.19 03/21 9971 a
Edelweiss NIFTY PSU Bond+ Apr2027 50:50 NR 2.2 6.9 - 0.58 0.42 10/21 NR 2.2 7.1 - 0.58 0.2 10/21 3321 a
HDFC NIFTY G-Sec Apr 2029 Index NR 3 - - - 0.37 03/23 NR 3 - - - 0.2 03/23 136
HDFC Nifty G-sec Dec 2026 Index NR 2.5 7.4 - 0.26 0.36 11/22 NR 2.6 7.6 - 0.26 0.2 11/22 1170 a
HDFC Nifty G-Sec July 2031 Index NR 3.1 8.4 - 1.15 0.37 11/22 NR 3.2 8.6 - 1.16 0.2 11/22 588
HDFC Nifty G-Sec Jun 2027 Index NR 2.6 7.6 - 0.18 0.34 12/22 NR 2.7 7.7 - 0.18 0.2 12/22 730 a
HDFC NIFTY G-Sec Jun 2036 Index NR 3.5 - - - 0.38 03/23 NR 3.6 - - - 0.2 03/23 692
HDFC Nifty G-Sec Sep 2032 Index NR 3.3 8.4 - 0.67 0.38 12/22 NR 3.3 8.6 - 0.67 0.2 12/22 541
HDFC Nifty SDL Oct 2026 Index NR 2.3 - - - 0.34 02/23 NR 2.3 - - - 0.2 02/23 184 a
HDFC NIFTY SDL+G-Sec Jun 2027 40:60 Ind NR 2.5 - - - 0.35 03/23 NR 2.6 - - - 0.2 03/23 46 a
HSBC CRISIL IBX 50:50 Gilt+SDL Apr 2028 NR 2.7 7.5 - 0.49 0.43 03/22 NR 2.7 7.7 - 0.49 0.23 03/22 1878
HSBC CRISIL IBX Gilt June 2027 Index NR 2.6 - - - 0.45 03/23 NR 2.7 - - - 0.17 03/23 243 a
ICICI Pru Nifty G-Sec Dec 2030 Index NR 3.1 7.9 - 1.04 0.4 10/22 NR 3.1 8.1 - 1.04 0.2 10/22 815
ICICI Pru Nifty SDL Dec 2028 Index NR 2.8 7.6 - 1.42 0.4 10/22 NR 2.8 7.8 - 1.42 0.2 10/22 865
All data as of January 31, 2024. Portfolio-related data as of December 31, 2023. *See end of ‘Index Scoreboard’
ICICI Pru Nifty SDL Sep 2026 Index NR 2.2 7 - 0.96 0.41 12/22 NR 2.3 7.2 - 0.96 0.19 12/22 278 a
ICICI Pru Nifty SDL Sep 2027 Index NR 2.5 7.1 - 1.04 0.37 03/22 NR 2.5 7.2 - 1.04 0.2 03/22 1738
ICICI Pru Nty PSU + SDL Sep 2027 40:60 NR 2.3 6.9 - 0.74 0.4 09/21 NR 2.3 7.1 - 0.74 0.2 09/21 8751
Invesco India Nifty G-sec Jul 2027 Index NR 2.6 - - - 0.29 03/23 NR 2.7 - - - 0.14 03/23 65 a
Invesco India Nifty G-sec Sep 2032 Index NR 3.2 - - - 0.29 03/23 NR 3.2 - - - 0.14 03/23 40
Kotak Nifty G-Sec July 2033 Index NR 3.1 - - - 0.4 10/23 NR 3.2 - - - 0.15 10/23 36
Kotak Nifty SDL Apr 2027 Top 12 Equal Wt NR 2.4 7 - 0.93 0.35 02/22 NR 2.4 7.2 - 0.93 0.2 02/22 8017 a
Kotak Nifty SDL Apr 2032 Top 12 Equal Wt NR 2.3 7.3 - 1.67 0.36 02/22 NR 2.3 7.5 - 1.67 0.2 02/22 2438
Kotak Nifty SDL Jul 2026 Index NR 2.2 6.8 - 0.94 0.41 12/22 NR 2.3 7.1 - 0.94 0.2 12/22 115 a
Kotak Nifty SDL Jul 2033 Index NR 2.5 - - - 0.45 02/23 NR 2.5 - - - 0.2 02/23 149
Kotak Nifty SDL+AAA PSU Bond 2028 60:40 NR 2.4 7.1 - 0.95 0.4 10/22 NR 2.5 7.3 - 0.95 0.2 10/22 546
Mirae Asset CRISIL IBX Gilt Indx-Apr2033 NR 3.2 8 - 0.1 0.38 10/22 NR 3.2 8.3 - 0.1 0.15 10/22 219
Mirae Asset Nifty AAA PSU Bond+SDL Apr26 NR 1.9 6.8 - 0.57 0.36 10/22 NR 2 7.1 - 0.57 0.22 10/22 106 a
Mirae Asset Nifty SDL June 2027 Index NR 2.4 7.1 - 1.05 0.24 03/22 NR 2.4 7.3 - 1.05 0.17 03/22 741 a
Mirae Asset Nifty SDL June 2028 Index NR 2.6 - - - 0.49 03/23 NR 2.7 - - - 0.13 03/23 83
Nippon Ind Nifty AAA Bnd+SDL-Apr27 60:40 NR 2.1 6.9 - 0.5 0.3 03/22 NR 2.1 7.1 - 0.5 0.15 03/22 2942 a
Nippon Ind Nifty AAA PSU Bnd+SDL-Sep2026 NR 2 6.9 - 0.57 0.39 10/22 NR 2.1 7.1 - 0.57 0.2 10/22 455 a
Nippon Ind Nifty G-Sec Jun 2036 Mtrty NR 3.6 8.8 - 0.67 0.45 12/22 NR 3.6 9 - 0.67 0.2 12/22 558
Nippon Ind Nifty G-Sec Oct 2028 Mtrty NR 2.8 - - - 0.33 03/23 NR 2.8 - - - 0.2 03/23 108
Nippon Ind Nifty G-Sec Sep 2027 Mtrty NR 2.6 7.5 - 0.11 0.41 12/22 NR 2.7 7.7 - 0.1 0.2 12/22 396 a
Nippon Ind Nifty SDL+G-Sec-Jun 2028 NR 2.7 7.3 - 0.85 0.38 11/22 NR 2.7 7.6 - 0.85 0.2 11/22 353
Nippon Ind Nifty SDL+G-Sec-Jun 2029 NR 2.8 - - - 0.36 02/23 NR 2.8 - - - 0.2 02/23 293
PGIM Ind CRISIL IBX Gilt Index-Apr 2028 NR 2.7 - - - 0.5 02/23 NR 2.7 - - - 0.29 02/23 31
SBI CPSE Bond Plus SDL Sep 2026 50:50 NR 2.1 6.9 - 0.57 0.4 01/22 NR 2.1 7.1 - 0.57 0.22 01/22 10420 a
SBI CRISIL IBX Gilt Index-April 2029 NR 3 8.1 - 0.37 0.45 10/22 NR 3 8.3 - 0.37 0.21 10/22 2155
SBI CRISIL IBX Gilt Index-June 2036 NR 3.5 8.7 - - 0.54 10/22 NR 3.6 9 - - 0.28 10/22 2174
SBI CRISIL IBX SDL Index-September 2027 NR 2.5 7 - - 0.43 10/22 NR 2.5 7.2 - - 0.23 10/22 1077
Tata CRISIL-IBX Gilt Index-April 2026 NR 2.4 7.2 - 0.94 0.36 09/22 NR 2.4 7.4 - 0.95 0.11 09/22 1101 a
Tata Nifty G-Sec Dec 2026 Index NR 2.5 7.2 - 0.42 0.45 01/23 NR 2.6 7.5 - 0.42 0.15 01/23 109 a
Tata Nifty G-Sec Dec 2029 Index NR 3 8 - 0.3 0.46 01/23 NR 3.1 8.4 - 0.3 0.14 01/23 168
Tata Nifty SDL+AAA PSU Bond Dec 27 60:40 NR 2.3 6.9 - 0.76 0.47 03/22 NR 2.4 7.2 - 0.76 0.22 03/22 835
UTI CRISIL SDL Mtrty April 2033 Index NR 2.4 7.4 - 1.06 0.42 12/22 NR 2.4 7.7 - 1.06 0.15 12/22 282
UTI CRISIL SDL Mtrty June 2027 Index NR 2.4 7 - 0.68 0.42 01/23 NR 2.4 7.2 - 0.68 0.16 01/23 81 a
UTI Nifty SDL+AAA PSU Bond Apr2026 75:25 NR 2.1 - - - 0.42 02/23 NR 2.1 - - - 0.17 02/23 175 a
UTI Nifty SDL+AAA PSU Bond Apr2028 75:25 NR 2.5 - - - 0.42 03/23 NR 2.6 - - - 0.17 03/23 40
Equity style box Debt style box All data as of January 31, 2024. Portfolio-related data as of December 31, 2023.
Liquidity classification is based on average daily trading volume (ADTV). ETFs with ADTV in excess of `1 crore have been classified as having “High” liquidity, those between `10 lakh and `1 crore as having “Moderate”
liquidity and those with less than `10 lakh as having “Low” liquidity.
Motilal Oswal Nifty 50 ETF 220.71 220.10 0.00 39 0.06 24.3 23.2 18.1 18.0 16.0 16.2 0.0 -0.1 -0.2 Moderate
Motilal Oswal Nifty 500 ETF 19.84 19.75 0.15 28 0.31 - - - - - - - - - Moderate
Motilal Oswal S&P BSE Low Volatility ETF 33.64 33.61 -0.01 26 0.36 36.7 36.3 - - - - -1.0 - - Low
Navi Nifty 50 ETF 217.73 - - 6 0.05 - - - - - - - - - -
Nippon Ind ETF Nifty Next 50 Junior BeES 587.08 587.70 0.06 4030 0.17 41.7 41.7 21.0 20.8 16.5 16.6 -0.2 -0.3 -0.3 High
Nippon India ETF Nifty 100 230.17 229.89 0.03 210 0.50 25.9 25.7 17.7 17.4 15.3 15.4 -0.6 -0.6 -0.9 Moderate
Nippon India ETF Nifty 50 BeES 240.07 240.26 0.01 19301 0.04 24.3 24.2 18.1 18.0 16.2 16.2 0.0 -0.1 -0.1 High
Nippon India ETF Nifty 50 Shariah BeES 499.88 499.20 0.05 15 0.96 20.9 21.1 12.9 12.7 15.9 16.1 -1.3 -1.2 -1.3 Low
Nippon India ETF S&P BSE Sensex 800.56 798.58 0.08 3989 0.04 22.1 21.5 17.0 16.8 15.9 16.1 0.0 -0.1 -0.1 Moderate
Nippon India ETF S&P BSE Sensex Next 50 69.37 69.25 0.05 31 0.23 43.8 43.2 23.8 15.8 - - -0.7 -0.5 - Low
Quantum Nifty 50 ETF 2322.97 2321.05 0.02 55 0.10 24.2 24.0 18.0 17.5 16.1 16.6 -0.1 -0.1 -0.2 Moderate
SBI Nifty 50 ETF 226.95 226.99 0.00 174813 0.04 24.3 23.9 18.1 16.9 16.1 15.6 -0.1 -0.1 -0.1 High
SBI Nifty Next 50 ETF 581.14 581.00 0.12 1986 0.15 41.7 41.3 21.1 20.6 16.6 16.5 -0.2 -0.2 -0.3 High
SBI S&P BSE 100 ETF 243.03 243.00 0.06 8 0.14 27.1 27.2 19.1 18.7 16.6 16.6 -0.2 -0.2 -0.2 Low
SBI S&P BSE Sensex ETF 776.35 775.88 0.07 107524 0.04 22.0 21.8 17.0 15.8 15.9 15.4 -0.1 -0.1 -0.1 High
SBI S&P BSE Sensex Next 50 ETF 708.76 705.61 0.01 12 0.12 44.1 43.3 24.2 23.5 17.6 17.5 -0.3 -0.2 -0.6 Low
Tata Nifty 50 ETF 229.70 228.82 0.10 596 0.08 24.2 23.6 18.0 10.1 16.2 16.5 -0.2 -0.1 -0.1 Moderate
UTI Nifty 50 ETF 233.63 233.18 -0.29 48216 0.05 24.3 23.4 18.1 16.6 16.2 15.9 0.0 -0.1 -0.1 High
UTI Nifty Next 50 ETF 58.46 58.31 0.14 1618 0.15 41.7 39.8 21.1 21.0 16.8 16.6 -0.2 -0.2 -0.1 Moderate
UTI S&P BSE Sensex ETF 771.52 772.82 0.20 36656 0.05 22.0 21.9 16.5 15.9 15.6 15.4 -0.1 -0.6 -0.4 Moderate
UTI S&P BSE Sensex Next 50 ETF 70.60 70.50 0.14 7 0.20 44.3 43.1 24.0 20.7 - - -0.2 -0.3 - Low
EQUITY: LARGE & MIDCAP
ICICI Pru S&P BSE Midcap Select ETF 143.36 143.16 0.07 41 0.15 49.8 49.9 21.9 21.5 17.4 17.3 -0.4 -0.4 -0.4 Moderate
EQUITY: FLEXI CAP
HDFC S&P BSE 500 ETF 31.51 31.29 2.23 6 0.30 - - - - - - - - - Low
ICICI Pru S&P BSE 500 ETF 33.17 33.14 0.12 166 0.32 33.0 32.7 21.5 21.4 18.1 17.9 -0.4 -0.4 -0.4 Moderate
EQUITY: MID CAP
HDFC NIFTY Midcap 150 ETF 17.93 17.91 -0.21 15 0.20 - - - - - - - - - Moderate
ICICI Pru Nifty Midcap 150 ETF 182.80 182.49 0.07 260 0.15 54.8 54.4 32.0 31.8 - - -0.4 -0.4 - Moderate
Kotak Nifty Midcap 50 ETF 137.72 137.53 0.19 27 0.05 58.3 57.7 - - - - -0.6 - - Moderate
Mirae Asset Nifty Midcap 150 ETF 18.04 18.05 0.01 595 0.05 54.9 54.8 - - - - -0.3 - - High
Motilal Oswal Nifty Midcap 100 ETF 51.73 51.63 0.05 342 0.23 59.1 58.9 33.1 31.8 24.2 24.0 -0.2 -0.5 -0.5 Moderate
Nippon India ETF Nifty Midcap 150 183.11 183.04 0.08 1095 0.21 54.8 54.5 32.0 31.8 24.9 - -0.3 -0.4 -0.4 High
UTI Nifty Midcap 150 ETF 178.79 - - 4 0.21 - - - - - - - - - -
EQUITY: SMALL CAP
HDFC NIFTY Smallcap 250 ETF 151.04 151.42 0.27 131 0.20 - - - - - - - - - High
EQUITY: VALUE ORIENTED
HDFC NIFTY50 Value 20 ETF 121.77 121.57 0.15 21 0.15 30.0 29.3 - - - - -0.4 - - Low
ICICI Pru Nifty50 Value 20 ETF 132.17 132.05 0.06 98 0.25 29.9 29.5 22.5 22.3 19.5 19.5 -0.5 -0.3 -0.9 Moderate
Kotak Nifty 50 Value 20 ETF 134.91 135.72 0.19 55 0.14 30.2 31.2 22.6 22.3 19.5 19.8 -0.3 -0.3 -0.9 Moderate
Motilal Oswal S&P BSE Enhanced Value ETF 86.48 86.66 0.12 21 0.30 73.7 73.7 - - - - -0.7 - - Moderate
Liquidity classification is based on average daily trading volume (ADTV). ETFs with ADTV in excess of `1 crore have been classified as having “High” liquidity, those between `10 lakh and `1 crore as having “Moderate”
liquidity and those with less than `10 lakh as having “Low” liquidity.
Nippon India ETF Nifty 50 Value 20 135.68 135.50 0.10 101 0.34 29.8 29.1 22.3 22.2 19.6 19.7 -0.6 -0.6 -0.8 Moderate
EQUITY: SECTORAL-BANKING
ABSL Nifty Bank ETF 46.37 46.35 -0.01 2850 0.17 13.9 13.5 15.1 15.1 - - -0.1 -0.2 - High
Axis NIFTY Bank ETF 466.74 466.25 0.04 226 0.18 13.9 13.2 15.2 - - - -0.2 -0.1 - Moderate
Bajaj FinServ Nifty Bank ETF 45.93 45.93 -0.10 - 0.12 - - - - - - - - - Low
DSP Nifty Bank ETF 46.31 46.28 0.03 168 0.16 14.0 13.2 - - - - -0.1 - - Moderate
DSP Nifty Private Bank ETF 23.64 23.69 0.24 108 0.15 - - - - - - - - - Moderate
DSP Nifty PSU Bank ETF 62.52 64.30 0.39 14 0.44 - - - - - - - - - Moderate
HDFC NIFTY Bank ETF 465.71 466.04 0.00 2496 0.16 13.9 13.6 15.1 15.0 - - -0.2 -0.3 - High
HDFC NIFTY Private Bank ETF 237.34 238.00 0.12 353 0.15 14.5 15.2 - - - - -0.2 - - Moderate
HDFC Nifty PSU Bank ETF 62.75 - - - 0.35 - - - - - - - - - -
ICICI Pru Nifty Bank ETF 46.42 46.42 -0.01 3464 0.15 13.9 13.6 15.2 15.1 - - -0.1 -0.2 - High
ICICI Pru Nifty Fin Services Ex-Bank ETF 22.82 22.83 0.01 63 0.20 40.8 40.6 - - - - -0.4 - - Moderate
ICICI Pru Nifty Private Bank ETF 235.30 234.95 0.03 2120 0.15 14.5 14.2 12.7 12.3 - - -0.2 -0.2 - High
ICICI Pru Nifty PSU Bank ETF 62.99 63.06 0.07 21 0.40 - - - - - - - - - Moderate
Kotak Nifty Bank ETF 469.53 469.51 -0.03 4723 0.16 13.9 13.3 15.0 15.0 11.0 10.9 -0.2 -0.3 -0.6 High
Kotak Nifty PSU Bank ETF 623.56 624.29 0.03 1205 0.49 56.8 56.7 51.8 52.1 15.6 15.7 -0.9 -1.0 -0.9 High
Mirae Asset Nifty Bank ETF 460.11 - - 33 0.09 - - - - - - - - - -
Mirae Asset Nifty Financial Services ETF 20.83 20.83 0.00 283 0.12 14.3 14.1 - - - - 0.0 - - Moderate
Nippon India ETF Nifty Bank BeES 468.81 468.76 -0.01 6516 0.19 13.9 13.7 15.1 15.1 11.0 11.0 -0.1 -0.2 -0.5 High
Nippon India ETF Nifty PSU Bank BeES 69.55 69.60 0.03 1846 0.49 56.7 57.1 51.7 51.6 15.7 15.8 -1.0 -1.1 -0.7 High
SBI Nifty Bank ETF 464.84 464.90 0.00 4663 0.20 13.9 13.5 15.1 15.1 11.0 11.1 -0.2 -0.2 -0.5 High
SBI Nifty Private Bank ETF 237.91 238.16 0.04 407 0.15 14.4 14.4 12.6 12.4 - - -0.2 -0.3 - Moderate
Tata Nifty Private Bank ETF 240.99 241.32 0.07 9 0.14 14.5 14.9 12.8 13.0 - - -0.2 0.0 - Low
UTI Nifty Bank ETF 46.74 46.68 0.02 3222 0.16 14.0 13.0 15.2 15.2 - - -0.1 -0.1 - High
EQUITY: SECTORAL-INFRASTRUCTURE
ICICI Pru Nifty Infrastructure ETF 80.18 80.25 0.06 104 0.50 55.6 55.9 - - - - -0.8 - - Moderate
Nippon India ETF Nifty Infra BeES 813.63 815.04 0.04 59 1.03 54.6 54.2 28.8 28.6 21.7 21.9 -1.9 -1.6 -1.6 Moderate
EQUITY: SECTORAL-PHARMA
ABSL Nifty Healthcare ETF 11.63 11.60 0.01 37 0.08 47.4 46.6 - - - - 0.6 - - Moderate
Axis NIFTY Healthcare ETF 115.44 115.70 -0.05 15 0.34 46.2 46.2 - - - - -0.6 - - Low
ICICI Pru Nifty Healthcare ETF 115.77 115.67 0.01 92 0.15 46.5 46.1 - - - - -0.3 - - Moderate
Motilal Oswal S&P BSE Healthcare ETF 34.02 34.14 0.32 9 0.22 51.0 52.0 - - - - -0.4 - - Low
Nippon Ind Nifty Pharma ETF 18.21 18.23 0.01 504 0.21 46.0 46.1 - - - - -0.3 - - High
EQUITY: SECTORAL-TECHNOLOGY
ABSL Nifty IT ETF 37.97 37.99 0.01 121 0.22 25.3 25.2 - - - - -0.3 - - Low
Axis NIFTY IT ETF 385.13 384.29 0.00 157 0.22 25.2 25.0 - - - - -0.4 - - Moderate
DSP Nifty IT ETF 36.99 36.95 -0.07 48 0.19 - - - - - - - - - Low
HDFC NIFTY IT ETF 372.92 373.49 0.27 59 0.20 25.2 25.6 - - - - -0.3 - - Moderate
ICICI Pru Nifty IT ETF 38.75 38.75 0.02 431 0.20 25.3 25.4 16.0 15.9 - - -0.2 -0.3 - High
Kotak Nifty IT ETF 38.59 38.64 0.02 111 0.18 25.3 25.1 - - - - -0.2 - - Moderate
Liquidity classification is based on average daily trading volume (ADTV). ETFs with ADTV in excess of `1 crore have been classified as having “High” liquidity, those between `10 lakh and `1 crore as having “Moderate”
liquidity and those with less than `10 lakh as having “Low” liquidity.
ICICI Pru S&P BSE Liquid Rate ETF 1000.00 999.99 0.01 2203 0.25 6.5 0.0 4.7 0.0 4.3 0.0 -0.3 -0.4 -0.5 High
Kotak Nifty 1D Rate Liquid ETF 1000.00 1000.00 0.00 40 0.20 6.5 - - - - - -0.3 - - High
Mirae Asset Nifty 1D Rate Liquid ETF 1000.00 - - 294 0.25 - - - - - - - - - -
Nippon India ETF Nifty 1DRate LiquidBeES 1000.00 999.99 0.00 10507 0.69 5.5 0.0 4.0 0.0 3.7 0.0 -1.3 -1.0 -1.1 High
SBI NIFTY 1D Rate ETF 1000.00 - - 13 0.35 - - - - - - - - - -
Zerodha Nifty 1D Rate Liquid ETF 100.35 100.35 0.01 - 0.23 - - - - - - - - - High
DEBT: OVERNIGHT
ABSL CRISIL Liquid Overnight ETF 1000.00 999.99 0.00 78 0.25 - - - - - - - - - Moderate
DEBT: GILT
ICICI Pru Nifty 5 yr Benchmark G-SEC ETF 54.76 55.20 0.44 101 0.20 7.6 9.0 - - - - -0.3 - - Low
LIC MF Nifty 8-13 yr G-Sec ETF 24.66 24.83 -0.06 1148 0.16 8.3 9.6 3.7 4.2 6.5 6.9 -0.2 -0.4 -0.4 Low
Mirae Asset Nifty 8-13 yr G-Sec ETF 25.38 25.02 0.49 78 0.10 - - - - - - - - - Low
Motilal Oswal Nifty 5Y G-Sec ETF 54.37 54.44 0.02 63 0.24 7.6 7.9 4.5 - - - -0.4 -0.4 - Moderate
Nippon India ETF Nifty 5Y Benchmark GSec 54.67 54.69 0.02 141 0.09 7.9 8.0 - - - - -0.1 - - High
Nippon India ETF Nifty 8-13Y GS LT Gilt 25.03 25.05 0.09 1492 0.10 8.3 8.8 3.7 3.7 6.6 6.7 -0.2 -0.4 -0.2 High
DEBT: GILT WITH 10 YEAR CONSTANT DURATION
ICICI Pru Nifty 10yr Benchmark G-Sec ETF 223.90 224.00 0.12 459 0.14 7.9 8.3 - - - - -0.6 - - Low
SBI Nifty 10Y Benchmark G-Sec ETF 223.94 224.14 0.22 2793 0.14 8.3 8.2 3.3 3.2 5.8 5.9 -0.2 -0.2 -0.1 Moderate
COMMODITIES: GOLD
ABSL Gold ETF 56.25 56.16 -0.12 679 0.54 8.3 9.4 7.7 7.7 12.7 13.3 -0.8 -0.8 -0.7 Moderate
Axis Gold ETF 53.38 53.47 -0.05 802 0.56 10.3 9.7 7.8 7.8 12.7 13.2 1.1 -0.7 -0.7 High
Baroda BNP Paribas Gold ETF 62.43 62.25 -0.30 27 0.48 - - - - - - - - - Moderate
DSP Gold ETF 62.36 62.40 0.11 246 0.48 - - - - - - - - - Moderate
Edelweiss Gold ETF 64.41 64.45 0.31 50 0.35 - - - - - - - - - Moderate
HDFC Gold ETF 54.53 54.68 -0.02 4088 0.59 9.4 9.4 7.5 7.8 12.4 12.7 0.2 -1.0 -1.1 High
ICICI Pru Gold ETF 54.75 54.84 0.11 4597 0.50 9.6 9.5 7.7 8.0 12.6 12.9 0.4 -0.8 -0.9 High
Invesco India Gold ETF 5558.93 5545.25 -0.14 99 0.55 8.4 8.9 7.8 7.3 12.8 13.4 -0.8 -0.7 -0.7 Low
Kotak Gold ETF 53.47 53.34 -0.05 3296 0.55 8.4 9.3 7.7 7.5 12.7 13.0 -0.8 -0.8 -0.8 High
LIC MF Gold ETF 5736.66 5731.60 -0.13 113 0.41 8.8 10.1 8.1 8.3 12.8 13.4 -0.4 -0.4 -0.6 Moderate
Mirae Asset Gold ETF 62.35 62.74 0.45 33 0.36 - - - - - - - - - Moderate
Nippon India ETF Gold BeES 53.21 53.35 0.00 8621 0.79 9.3 9.6 7.5 7.7 12.5 12.7 -1.0 -1.0 -1.0 High
Quantum Gold 52.90 53.04 -0.11 178 0.78 8.1 9.5 7.5 7.6 12.4 12.7 -1.1 -1.0 -1.0 Moderate
SBI Gold ETF 54.75 54.87 -0.22 3592 0.65 8.1 10.0 7.6 7.9 12.6 13.0 -1.0 -0.9 -0.8 High
Tata Gold ETF 6.16 6.30 2.53 - 0.38 - - - - - - - - - High
UTI Gold ETF 53.43 53.30 -0.22 915 0.46 8.5 9.3 7.5 6.6 12.4 12.8 -0.7 -1.0 -1.1 Moderate
COMMODITIES: SILVER
ABSL Silver ETF 73.06 73.04 -0.59 255 0.37 5.2 5.3 - - - - -0.5 - - High
Axis Silver ETF 73.25 73.23 -0.05 43 0.35 7.6 5.3 - - - - 1.9 - - Moderate
DSP Silver ETF 70.72 70.90 -0.05 87 0.50 5.5 6.1 - - - - -0.1 - - Moderate
Edelweiss Silver ETF 73.63 - - 49 0.39 - - - - - - - - - -
HDFC Silver ETF 70.12 70.62 0.46 124 0.40 6.6 5.3 - - - - 0.9 - - High
Liquidity classification is based on average daily trading volume (ADTV). ETFs with ADTV in excess of `1 crore have been classified as having “High” liquidity, those between `10 lakh and `1 crore as having “Moderate”
liquidity and those with less than `10 lakh as having “Low” liquidity.
ICICI Pru Silver ETF 73.03 73.10 0.14 903 0.40 5.2 5.3 - - - - -0.5 - - High
Kotak Silver ETF 71.16 71.31 0.00 230 0.45 5.7 4.9 - - - - 0.1 - - Moderate
Mirae Asset Silver ETF 71.58 71.57 0.27 13 0.39 - - - - - - - - - Low
Nippon Ind Silver ETF 70.51 70.59 0.01 1277 0.51 5.1 5.4 - - - - -0.7 - - High
Tata Silver ETF 7.16 7.16 1.60 - 0.45 - - - - - - - - - High
UTI Silver ETF 71.69 71.59 0.02 52 0.53 - - - - - - - - - Moderate
DEBT: TARGET MATURITY
Axis Nifty AAA + SDL Apr 2026 50:50 11.48 11.47 -0.09 1531 0.24 7.3 7.2 - - - - -0.2 - - Moderate
BHARAT Bond ETF-April 2025 1181.04 1181.79 -0.01 11745 - 7.3 7.3 4.8 4.7 - - 0.0 -0.1 - High
BHARAT Bond ETF-April 2030 1330.62 1331.24 0.08 18182 - 7.5 8.0 5.4 5.4 - - -0.2 0.0 - High
BHARAT Bond ETF-April 2031 1187.14 1187.50 0.05 13061 - 7.6 7.9 5.1 5.0 - - 0.1 0.0 - High
BHARAT Bond ETF-April 2032 1112.56 1110.30 0.13 10619 - 7.9 6.7 - - - - 0.3 - - Moderate
BHARAT Bond ETF-April 2033 1081.10 1084.87 0.22 5372 - 7.9 7.8 - - - - 0.3 - - High
Nippon Ind ETF Nfty Apr2026 Top20 Eq Wt 118.24 118.21 0.02 7320 0.20 7.2 7.4 - - - - -0.3 - - Moderate
Nippon India ETF Nfty CPSE + Sep24 50:50 118.71 118.69 -0.01 1623 0.20 7.2 7.2 4.9 4.8 - - -0.3 -0.3 - Moderate
(1) All data as on January 31, 2024. AUM as on December 31, 2023
(2) Average premium/(discount) represents the average premium/(discount) at which the ETF traded over its NAV over the last one year.
(3) Tracking Error represents the difference in returns of the ETF when compared with that of the benchmark/index it replicates.
(4) Liquidity classification is based on average daily trading volume (ADTV). ETFs with ADTV in excess of `1 crore have been classified as having “High” liquidity, those between `10 lakh and `1 crore as having
“Moderate” liquidity and those with less than `10 lakh as having “Low” liquidity.
(5) The ETFs track various indices other than the popular Indian broad market and sectoral indices. Here is the list of such indices -
NIFTY 100 Alpha-Low Volatility 30 TRI represents top 30 companies which have the lowest volatility score, highest alpha score and forming part of top 150 large and mid cap stocks
Nifty 100 ESG Sector Leaders TRI represents the companies which meet various environmental, social and governance risk related criterias and forms part of Nifty 100
NIFTY 100 Low Volatility 30 TRI represents top 30 companies which have the lowest volatility score and forming part of Nifty 100
NIFTY 100 Quality 30 TRI represents top 30 companies which have the highest quality score and forming part of Nifty 100
Nifty 200 Momentum 30 TRI represents top 30 companies which have the highest momentum score and forming part of Nifty 200
NIFTY 200 Quality 30 TRI represents top 30 companies which have the highest quality score and forming part of Nifty 200
Nifty 50 Equal Weight TRI follows an equal weighted strategy using the constituents of Nifty 50
NIFTY 50 Shariah TRI represents the companies forming part of Nifty 50 and meeting the Shariah compliance requirements
Nifty Alpha 50 TRI represents top 30 companies which have the highest alpha score amongst the top 300 companies
NIFTY Div Opps 50 TRI represents top 50 companies which have the highest dividend yield subject to meeting the eligibility criteria
NIFTY Growth Sectors 15 TRI represents top 15 companies which belong to sectors identified as growth sector and having the highest EPS growth
NIFTY Midcap150 Quality 50 TRI represents top 50 companies which have the highest quality score and forming part of NIFTY Midcap150
S&P 500 Top 50 TRI represents 50 largest companies forming part of S&P 500 Index
S&P BSE Bharat 22 TRI represents top 22 companies from a list of CPSE, SUUTI, PSU Banks and disinvested companies by Government of India
S&P BSE Low Volatility TRI represents top 30 companies which have the lowest volatility score subject to meeting the eligibility criteria
S&P BSE Midcap Select TRI represents the 30 largest companies within the S&P BSE Midcap Index
S&P BSE Quality TRI represents top 30 companies which have the highest quality score subject to meeting the eligibility criteria
Hang Seng TECH TRI represents 30 largest technology companies listed in Hong Kong Stock Exchange
Hang Seng TRI represents the largest companies listed in Hong Kong Stock Exchange
NASDAQ 100 represents 100 largest non-financial companies listed on the NASDAQ market
NASDAQ Q-50 TRI represents 50 stocks which are next eligible for inclusion into the NASDAQ 100 Index
NYSE FANG+ TRI represents 10 highly-traded growth stocks of tech and tech enabled companies in the technology, media & communications and consumer discretionary sectors which are listed on US stock exchanges
CRISIL Liquid Overnight Index represents the returns from a daily rolling deposit at Tri Party Repo (TREP) rate
NIFTY 10 yr Benchmark G-Sec Index tracks the performance of 10 year bond issued by the Government of India
NIFTY 1D Rate Index represents the returns generated by lending in overnight market with government securities as collateral
Nifty 5yr Benchmark G-Sec Index tracks the performance of the most liquid 5 year benchmark security issued by the Government of India
NIFTY 8-13 yr G-Sec Index tracks the performance of bonds issued by the Government of India having maturity of 8-13 years such that average maturity is 10 years
Nifty AAA Bond Plus SDL Apr 2026 50:50 Index comprises of AAA rated bonds and SDL in equal proportion with maturity between May 2025 and April 2026 such that the index matures in April 2026
NIFTY Bharat Bond Index Series comprises of AAA rated bonds issued by government owned entities maturing in the stated month
Nifty CPSE Bond Plus SDL Sep 2024 50:50 Index comprises of AAA rated bonds issued by government owned entities and SDL in equal proportion with maturity between October 2023 and September 2024 such that
the index matures in September 2024
Nifty SDL Apr 2026 Top 20 Equal Weight Index comprises of 20 SDLs with equal weights and maturity between May 2025 and April 2026 such that the index matures in April 2026
S&P BSE Liquid Rate Index represents the returns from a daily rolling deposit at Tri Party Repo (TREP) rate
Performance snapshot
Here are the performance data of the Indian mutual fund industry as of January 2024
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 10 yrs
Equity: Large Cap 1.67 18.05 32.17 18.92 16.02 14.64 13.92 1.80 18.16 32.61 19.49 16.66 15.49
Equity: Large & MidCap 2.54 18.06 37.38 23.31 19.03 17.84 16.35 2.63 18.28 38.43 24.80 20.37 19.00
Equity: Flexi Cap 1.74 16.35 32.96 20.06 17.03 16.53 16.41 1.84 16.65 34.45 21.35 18.23 17.59
Equity: Mid Cap 3.86 20.54 48.45 28.19 22.66 20.99 18.67 3.81 20.37 48.98 29.14 23.87 22.24
Equity: Multi Cap 3.42 18.72 40.95 26.86 — — — 3.54 19.12 42.75 28.51 — —
Equity: Small Cap 4.98 20.72 52.60 34.16 26.71 23.70 — 5.02 20.90 54.27 35.87 28.23 24.99
Equity: Value Oriented 4.09 22.42 41.73 25.31 19.71 18.60 18.00 4.16 22.65 43.82 27.21 21.11 19.67
Equity: ELSS 2.00 17.12 34.01 21.23 17.83 17.07 16.03 2.11 17.45 35.46 22.59 19.08 18.16
Equity: Thematic-ESG 1.05 15.19 28.12 17.33 15.41 15.23 16.07 1.20 15.57 30.13 18.99 16.23 16.11
Equity: International -1.36 12.91 14.91 3.18 8.36 6.68 — -1.05 13.64 15.55 4.14 9.12 7.50
S&P BSE Sensex TRI -0.65 12.46 22.10 17.11 16.00 14.79 15.09 -0.65 12.46 22.10 17.11 16.00 14.79
S&P BSE Sensex Next 50 TRI 2.96 21.70 44.49 24.32 18.13 17.20 — 2.96 21.70 44.49 24.32 18.13 17.20
S&P BSE 500 TRI 1.92 17.88 33.42 21.83 18.48 16.84 15.39 1.92 17.88 33.42 21.83 18.48 16.84
S&P BSE Large Cap TRI 0.56 15.74 25.77 18.56 16.45 15.08 — 0.56 15.74 25.77 18.56 16.45 15.08
S&P BSE Mid Cap TRI 5.26 24.33 59.14 30.39 23.02 21.28 16.75 5.26 24.33 59.14 30.39 23.02 21.28
S&P BSE Small Cap TRI 7.16 23.95 63.53 37.52 28.00 23.08 19.24 7.16 23.95 63.53 37.52 28.00 23.08
Equity: Sectoral-Banking -0.95 11.53 22.90 18.98 13.67 16.01 18.60 -0.10 12.38 26.39 19.11 15.27 18.32
S&P BSE Bankex TRI -4.38 7.33 13.79 15.17 11.58 16.80 16.53 -4.38 7.33 13.79 15.17 11.58 16.80
Equity: Sectoral-Infrastructure 6.43 25.86 57.16 36.27 24.49 19.89 — 6.40 25.84 58.83 37.88 25.72 21.33
S&P BSE India Infrastructure TRI 18.15 50.83 99.89 49.13 28.41 19.20 — 18.15 50.83 99.89 49.13 28.41 19.20
Equity: Sectoral-Pharma 6.43 22.58 46.31 17.49 22.99 15.49 16.14 6.27 22.66 47.55 18.86 24.52 16.64
S&P BSE Healthcare TRI 7.18 24.02 51.45 18.65 20.31 13.53 14.96 7.18 24.02 51.45 18.65 20.31 13.53
Equity: Sectoral-Technology 3.91 20.45 31.16 19.21 23.83 17.87 17.81 4.28 20.80 35.96 22.59 25.24 18.93
S&P BSE IT TRI 3.89 20.56 28.63 16.76 21.91 17.00 18.00 3.89 20.56 28.63 16.76 21.91 17.00
Hybrid: Aggressive Hybrid 1.65 12.90 26.75 17.30 14.57 14.39 13.96 1.76 13.24 28.24 18.66 15.84 15.48
Hybrid: Balanced Hybrid 0.88 8.17 17.29 11.16 9.77 10.40 10.08 0.96 8.41 17.96 11.80 10.40 10.99
Hybrid: Conservative Hybrid 0.95 5.31 12.71 8.27 8.20 8.97 8.91 1.03 5.54 13.71 9.33 9.19 9.97
VR Balanced TRI 0.13 12.66 22.27 16.32 14.81 13.66 12.76 0.13 12.66 22.27 16.32 14.81 13.66
VR MIP TRI 0.59 7.39 14.30 9.73 9.65 9.58 8.43 0.59 7.39 14.30 9.73 9.65 9.58
Debt: Long Duration 1.66 3.93 8.47 3.55 7.06 7.93 7.24 1.70 4.07 8.97 4.00 7.52 8.71
Debt: Medium Duration 0.65 2.15 6.93 5.44 5.48 7.39 6.57 0.71 2.32 7.63 6.16 6.19 8.14
Debt: Short Duration 0.60 2.01 6.77 5.12 6.00 6.97 7.30 0.66 2.18 7.47 5.83 6.74 7.71
Debt: Ultra Short Duration 0.57 1.63 6.74 4.98 5.39 6.32 6.50 0.62 1.76 7.30 5.50 5.92 6.80
Debt: Liquid 0.59 1.74 6.93 5.03 5.01 6.35 6.69 0.61 1.80 7.12 5.20 5.20 6.50
Debt: Dynamic Bond 0.84 2.57 7.04 4.76 6.40 7.47 6.45 0.90 2.75 7.75 5.44 7.09 8.20
Debt: Corporate Bond 0.61 1.92 6.86 4.64 6.54 7.37 6.43 0.65 2.03 7.32 5.10 6.96 7.87
Debt: Credit Risk 0.67 1.91 8.07 9.28 4.94 6.43 — 0.74 2.11 8.91 10.12 5.76 7.30
CCIL All Sovereign Bond - TRI 1.60 4.12 9.02 4.64 7.71 8.82 6.86 1.60 4.12 9.02 4.64 7.71 8.82
CCIL T Bill Liquidity Weight 0.37 1.20 4.51 3.10 3.28 4.02 4.18 0.37 1.20 4.51 3.10 3.28 4.02
VR Bond 1.04 2.73 7.51 4.57 5.74 6.77 6.17 1.04 2.73 7.51 4.57 5.74 6.77
Category averages, including ETFs and Index Funds. Returns (%) as of January 31, 2024.
RATING DOWNGRADE List of funds that moved out of the five- and four-star grades in January 2024
Mirae Asset Midcap Dir PGIM Ind Midcap Opp Dir Tata Large & Midcap Dir
RATING DOWNGRADE List of funds that moved out of the five- and four-star grades in January 2024
Canara Robeco ELSS Tax Saver Reg Mirae Asset Large Cap Reg PGIM Ind Midcap Opp Reg
DSP Nifty 50 Index Reg Mirae Asset Midcap Reg Tata Large & Midcap Reg
Kotak Small Cap Reg PGIM Ind Flexi Cap Reg
RATING DOWNGRADE List of funds that moved out of the five- and four-star grades in January 2024
Data of direct plans as of January 2024. Funds with less than 10-year history have been excluded.
SBI Focused Eqt | Flexi Cap 18.13 9.43 16.36 28.30 Quantum ELSS Tax Saver | ELSS 20.72 10.05 14.40 25.48
Union Flexi Cap | Flexi Cap 22.68 10.53 16.26 28.16 UTI Agrssv Hybrid | Aggressive Hybrid 20.26 9.93 14.39 25.46
Bank of India Large & Mid Cap Eqt | Large & MidCap 23.64 10.78 16.19 28.04 HDFC Index Nifty 50 | Large Cap 17.96 9.39 14.39 25.46
Baroda BNP Paribas Large Cap | Large Cap 20.60 10.02 16.15 27.99 Sundaram Nifty 100 Equal Wght | Large Cap 21.46 10.23 14.37 25.44
ABSL Flexi Cap | Flexi Cap 20.21 9.92 16.14 27.97 ABSL Equity Advantage | Large & MidCap 17.99 9.40 14.36 25.43
HDFC Top 100 | Large Cap 22.47 10.48 16.13 27.96 HDFC Index S&P BSE Sensex | Large Cap 17.22 9.22 14.35 25.41
Edelweiss Large Cap | Large Cap 20.60 10.02 16.11 27.93 Tata Nifty 50 Index | Large Cap 17.94 9.39 14.34 25.40
Taurus ELSS Tax Saver | ELSS 21.47 10.23 16.08 27.89 UTI Large Cap | Large Cap 17.60 9.31 14.33 25.38
Kotak Flexicap | Flexi Cap 19.20 9.68 16.06 27.85 ICICI Pru Nifty 50 Index | Large Cap 17.99 9.40 14.32 25.37
Sundaram Focused | Flexi Cap 20.05 9.88 16.02 27.79 Sundaram Agrssv Hybrid | Aggressive Hybrid 17.05 9.19 14.31 25.36
Union ELSS Tax Saver | ELSS 22.55 10.50 15.96 27.70 Quantum LT Eqt Value | Value Oriented 20.63 10.02 14.31 25.35
SBI Flexicap | Flexi Cap 19.36 9.72 15.96 27.70 Nippon Ind Index Nifty 50 | Large Cap 17.96 9.39 14.29 25.33
Edelweiss Aggressive Hybrid | Aggressive Hybrid 21.72 10.29 15.93 27.66 Nippon Ind Index S&P BSE Sensex | Large Cap 17.27 9.24 14.28 25.31
UTI Value | Value Oriented 21.76 10.30 15.86 27.56 SBI Nifty Index | Large Cap 17.92 9.38 14.26 25.29
Invesco India Largecap | Large Cap 20.17 9.91 15.86 27.56 LIC MF ELSS Tax Saver | ELSS 17.49 9.28 14.24 25.26
Tata Retrmnt Svngs Progrsv | Flexi Cap 18.37 9.49 15.83 27.52 Axis Bluechip | Large Cap 14.34 8.59 14.24 25.26
HSBC Flexi Cap | Flexi Cap 22.36 10.45 15.73 27.36 Groww Large Cap | Large Cap 17.80 9.36 14.19 25.19
ICICI Pru ELSS Tax Saver | ELSS 20.46 9.98 15.70 27.32 Tata S&P BSE Sensex Index | Large Cap 16.99 9.17 14.18 25.18
Kotak Bluechip | Large Cap 19.71 9.80 15.68 27.29 Taurus Nifty 50 Index | Large Cap 17.58 9.31 14.18 25.18
Sundaram ELSS Tax Saver | ELSS 20.35 9.96 15.66 27.26 Quantum Eqt FoF | Flexi Cap 18.19 9.44 14.15 25.14
Nippon Ind Vision | Large & MidCap 23.89 10.85 15.64 27.23 LIC MF Nifty 50 Index | Large Cap 17.79 9.35 14.02 24.97
Baroda BNP Paribas ELSS Tax Saver | ELSS 20.27 9.94 15.50 27.03 Franklin India NSE Nifty 50 Index | Large Cap 17.72 9.34 14.02 24.96
Mirae Asset Large Cap | Large Cap 17.39 9.26 15.48 27.00 Nippon Ind ELSS Tax Saver | ELSS 22.43 10.47 14.01 24.95
Edelweiss ELSS Tax Saver | ELSS 20.94 10.10 15.45 26.95 ABSL Nifty 50 Index | Large Cap 17.81 9.36 14.00 24.94
Kotak Equity Hybrid | Aggressive Hybrid 19.68 9.79 15.39 26.86 LIC MF S&P BSE Sensex Index | Large Cap 17.04 9.18 13.95 24.87
JM Large Cap | Large Cap 21.72 10.29 15.35 26.81 UTI Flexi Cap | Flexi Cap 14.74 8.68 13.84 24.73
ICICI Pru Passive Strategy (FOF) | Flexi Cap 21.23 10.17 15.23 26.64 Axis ELSS Tax Saver | ELSS 13.88 8.50 13.82 24.70
ABSL Focused | Flexi Cap 19.36 9.72 15.10 26.46 SBI Eqt Hybrid | Aggressive Hybrid 15.38 8.82 13.71 24.55
Tata Large Cap | Large Cap 20.00 9.87 15.09 26.45 Bandhan Flexi Cap | Flexi Cap 18.47 9.51 13.68 24.51
UTI ELSS Tax Saver | ELSS 19.28 9.70 15.06 26.39 PGIM Ind Large Cap | Large Cap 16.45 9.05 13.54 24.34
Tata Young Citizens | Flexi Cap 21.53 10.24 15.05 26.38 Franklin India Bluechip | Large Cap 17.71 9.34 13.38 24.13
SBI Bluechip | Large Cap 18.75 9.58 15.04 26.36 HDFC Hybrid Equity | Aggressive Hybrid 18.06 9.41 13.37 24.10
Bandhan Large Cap | Large Cap 19.74 9.81 15.03 26.36 Axis Focused 25 | Flexi Cap 11.91 8.09 13.16 23.84
HSBC ELSS Tax Saver | ELSS 20.21 9.92 15.03 26.35 HSBC Aggressive Hybrid | Aggressive Hybrid 16.47 9.06 13.13 23.81
Canara Robeco Equity Hybrid | Aggressive Hybrid 17.24 9.23 14.93 26.21 DSP Top 100 Equity | Large Cap 17.64 9.32 13.12 23.79
UTI Children’s Career Investment | Flexi Cap 18.74 9.57 14.85 26.10 LIC MF Large Cap | Large Cap 15.56 8.86 13.08 23.74
ICICI Pru Nifty Next 50 Index | Large Cap 20.12 9.90 14.80 26.03 Tata Hybrid Eqt | Aggressive Hybrid 16.57 9.08 12.89 23.50
ABSL Frontline Equity | Large Cap 19.34 9.71 14.80 26.03 Shriram Agrssv Hybrid | Aggressive Hybrid 16.38 9.04 12.50 23.01
LIC MF Nifty Next 50 Index | Large Cap 20.10 9.90 14.77 25.98 LIC MF Flexi Cap | Flexi Cap 17.14 9.21 12.38 22.87
Bandhan Focused Equity | Flexi Cap 19.48 9.75 14.72 25.93 Nippon Ind Eqt Hybrid | Aggressive Hybrid 17.84 9.36 12.38 22.87
HSBC Large Cap | Large Cap 18.86 9.60 14.72 25.92 ABSL Equity Hybrid ‘95 | Aggressive Hybrid 15.54 8.85 12.32 22.80
Tata Retrmnt Svngs Moderate | Aggressive Hybrid 16.83 9.14 14.68 25.87 ABSL ELSS Tax Saver | ELSS 13.77 8.47 12.32 22.80
ICICI Pru Child Care Gift | Aggressive Hybrid 20.09 9.89 14.64 25.81 Taurus Flexi Cap | Flexi Cap 18.54 9.53 12.20 22.65
DSP Equity & Bond | Aggressive Hybrid 17.39 9.26 14.64 25.80 Taurus Large Cap | Large Cap 17.42 9.27 12.17 22.61
DSP Focus | Flexi Cap 19.11 9.66 14.55 25.68 LIC MF ULIS | Aggressive Hybrid 14.64 8.66 11.99 22.39
Bandhan Nifty 50 Index | Large Cap 18.14 9.43 14.53 25.66 Bandhan Asset Allocation Agrssv | Aggressive Hybrid 15.47 8.84 11.56 21.89
Franklin India Equity Hybrid | Aggressive Hybrid 18.74 9.57 14.52 25.65 PGIM Ind Hybrid Eqt | Aggressive Hybrid 13.99 8.52 11.17 21.44
Motilal Oswal Focused | Flexi Cap 17.19 9.22 14.52 25.64 LIC MF Aggressive Hybrid | Aggressive Hybrid 13.92 8.50 11.00 21.25
Franklin India Equity Advtg | Large & MidCap 20.36 9.96 14.48 25.59 LIC MF Children’s Gift | Aggressive Hybrid 14.67 8.66 10.90 21.14
UTI Nifty 50 Index | Large Cap 18.02 9.41 14.44 25.53 Data of direct plans as of January 2024. Funds with less than 10-year history have been excluded.
`LHY
SIP Value SIP Value
SIP returns (%) SIP returns (%)
(` lakh) (` lakh)
Nippon Ind Small Cap 36.47 6.03 UTI Flexi Cap 7.61 4.04
Quant Mid Cap 35.62 5.96 Axis ELSS Tax Saver 10.08 4.19
Bandhan Small Cap 35.42 5.95 PGIM Ind Hybrid Eqt 10.59 4.22
`LHY
SIP Value SIP Value
SIP returns (%) SIP returns (%)
(` lakh) (` lakh)
Nippon Ind Small Cap 38.12 15.17 Axis Equity Hybrid 11.58 8.03
Quant Mid Cap 36.52 14.62 PGIM Ind Hybrid Eqt 12.15 8.14
LIC MF Aggressive
Quant Flexi Cap 35.68 14.33 12.68 8.25
Hybrid
Quant ELSS
35.60 14.31 ABSL ELSS Tax Saver 12.87 8.29
Tax Saver Fund
`LHY
SIP Value SIP Value
SIP returns (%) SIP returns (%)
(` lakh) (` lakh)
Quant Small Cap 27.02 50.38 PGIM Ind Hybrid Eqt 9.49 19.62
LIC MF
Nippon Ind Small Cap 25.71 46.91 9.80 19.93
Aggressive Hybrid
Quant ELSS
25.45 46.25 LIC MF ULIS 10.98 21.23
Tax Saver Fund
Shriram Agrssv
Quant Flexi Cap 24.01 42.79 11.09 21.35
Hybrid
Quant Active 23.40 41.41 ABSL ELSS Tax Saver 11.33 21.62
All equity funds and aggressive hybrid funds except sectoral, thematic, international, ETFs, FoFs and solution oriented funds. All data for regular plans and as of January 31, 2024.
0WFS VOJRVFJOWFTUPST?JOUIJTGVOE
DBMMZPVS.VUVBM'VOE%JTUSJCVUPSPSWJTJU
XXXGSBOLMJOUFNQMFUPOJOEJBDPN
130%6$5-"#&-
'SBOLMJO*OEJB&-445BY4BWFS'VOE%RSTWHILE&RANKLIN)NDIA
4AXSHIELD&UND
4HISFUNDISSUITABLEFORINVESTORSWHOARESEEKING
s,ONGTERMCAPITALAPPRECIATION
s!N%,33FUNDOFFERINGTAXBENElTSUNDER3ECTION#OFTHE
)NCOME4AX!CT
)NVESTORSSHOULDCONSULTTHEIRlNANCIALADVISERSIFINDOUBT
-POH 5FSN
5BY4BWJOH
8FBMUI$SFBUJPO 5BY4BWJOH
ABOUT WHETHER THE PRODUCT IS SUITABLE FOR THEM >4HIS
*OTUSVNFOUT RISKOMETERS WILL BE EVALUATED AND UPDATED ON A MONTHLY
BASIS 2EFER HTTPSWWWFRANKLINTEMPLETONINDIACOM FOR
LATESTRISKOMETERS 3JTLPNFUFSJTBTPO+BOVBSZ
?BTPO%FDFNCFS