DELHI - SUNDAY - JANUARY 12, 2025 ₹12 • Pages 12 • Volume 4 • Number 12

MFI distress. Real Returns.

Listed NBFCs with How to play
much exposure to thematic equity
the troubled sector funds? Here are 5
feel the heat rules for investors
BIG STORY P2 YOUR MONEY P3
BENGALURU - CHENNAI - COIMBATORE - HUBBALLI - HYDERABAD - KOCHI - KOLKATA - MADURAI - MALAPPURAM - MANGALURU - MUMBAI - NOIDA - THIRUVANANTHAPURAM - TIRUCHIRAPALLI - TIRUPATI - VIJAYAWADA - VISAKHAPATNAM RNI No. UPENG/2022/86886

Why bond market turbulence will hit equities INVESTMENT.

FOCUS
PARADOX OF PLENTY. The ability to print money at will appears to be now making a few developed economies prey to the resource curse Sun Pharma:
carry trades roiling global hence been demanding yields in China reached the Accumulate
Hari Viswanath markets. higher term premium for lowest levels ever of 1.65
bl. research bureau One of most unusual long-end bonds. As an old per cent. Sai Prabhakar Yadavalli
things to note in the current maxim goes ‘if central And it would be worth bl. research bureau
US rate-cut cycle has been banks don’t do their job, the noting that along with these
The resource curse (or the how the long-end rates have markets will do it for them.’ extreme moments in global
paradox of plenty) has been actually been moving up High fiscal deficit and res- bond yields, the USD-JPY is Sun Pharma speciality port-
known to affect many emer- since the time the US Fed ultant issuance of bonds nearing the levels close to folio for regulated markets
is inching towards self-sus-
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ging and frontier market embarked on the rate-cut have enhanced the pressure which the Japanese Central
countries with an abund- cycle. on yields. Bank intervened in the cur- tained model.
ance of natural resources. Further bond yields are rency markets to defend the Sun Pharma’s speciality
Developed countries FIGHTING THE FED surging not only in the US, Yen , that subsequently res- products including the an-
with their entrenched It is warned not to fight the but across many markets. ulted in global stock market chor product Ilumya which
democratic systems and Fed given the enormous re- Ten-year yields in Japan volatility in August. generated sales of $580 mil-
values, seemed to be free of sources at its disposal to and the UK are at their lion in FY24 is driving the
this, at least until now. Un- achieve what it targets. But highest level in 14 and 17 VOLATILITY AHEAD stock. Ilumya has yet to
fortunately, their exploita- this is precisely what the years, respectively. The bond market tantrums reach its peak sales and is in
tion in recent years of a bond vigilantes have been The yields in the UK are can flow through into trials for an additional in-
single unique resource of onto. now above the levels they equity markets as well if in- dication.
theirs — the ability to print Between September had touched during the UK vestors start fearing higher In October 2024, Sun
money at will as domestic fiscal deficit of the US gov- trimmed their US Fed rate person in a shower turning 2024 and now, the Fed Fund gilt crisis, also known as the yields are going to persist. Pharma licensed a product
and global investors lapped ernment and loose financial -cut expectations for 2025, on hot water tap when he rates have been cut by a full Liz Truss moment, of Higher risk-free yields for oncology which is in
it up — appears to be now conditions as reflected in with Bank of America realises the water is too 100 basis points. During September 2022. make risk assets less at- clinical trials. Sun Pharma
making them prey to same surging equity markets and Global Research going a cold, but since hot water this time, the US 10 year- Concerns are gradually tractive. is looking to commercialise
resource curse. low corporate bond step ahead and noting the takes time to flow, turns the treasury yield is up the building that if developed According to Warren another large product as
At least that is the mes- spreads. rate-cutting cycle is over tap too much, scalding him- same 100 basis points! Such market governments don’t Buffet, high interest rates well.
sage that the surging bond and that inflation is now self! And in reaction to this, contrarian movements get their fiscal deficit and act like gravity on stock All through this, Sun
yields in developed markets FOOL IN THE SHOWER stuck above target with up- as the person closes the hot have not happened in the rising government debt in prices. Amid relentless FPI Pharma has not taken eyes
are signalling. With the US The US Fed faced consider- side risks. In its view, the water tap, the water gets last 40 years. order, the Liz Truss mo- selling in recent months, of India branded generics
10-year treasury yields able embarrassment for conversation could move to freezing cold again! For many crucial sec- ment can play out for them. equity investors in India market.
nudging at the peak levels calling the surging inflation rate hikes if the inflation ex- Some now fear that the tions of the economy like In an environment where will have to factor these The strong balance-sheet
reached in October 2023, of 2021 as transitory, until ceeds 3 per cent. US Fed may have over-re- housing, the long term bond yields are soaring, global factors, too, apart allowing for M&A oppor-
that had then wrought pres- it was too late to make Nobel economist the late acted with its first 50 bps in- rates- matter more than the cooling bond yields must be from the ongoing domestic tunities, the high margin
sure on global stock mar- amends. Milton Friedman had terest rate cut in September short-term Fed Funds rate. welcome. earnings slowdown. business allowing for elev-
kets, doubts are now cast on Now it faces the risk of its likened central banks in 2024, possibly in reaction to The investors in long-term But this is not the case In the past 5 years every ated R&D commitments
whether the US Fed rate interest rate cuts turning haste to the ‘fool in the the scare caused in early Au- bonds have been indicating when the bond yields are dip has been a buying op- should sustain the special-
cutting cycle has been ag- out to be transitory as well! shower’. gust 2024 by the increase in for a while now that they declining to such an extent portunity, but this dip ap- ity build-up of Sun Pharma
gressive. On Friday, after a very According to him, when US unemployment rate, are not convinced the US as in China, reflecting deep pears to be facing more along with leading presence
This argument gains fur- strong US jobs data for they overreact to data squeeze in USD-JPY and Fed inflation target of 2 per concerns of its economy. challenges than the previ- in branded generics in India
ther strength given the high December, analysts points, they end up like the unwinding of some Yen cent will be realised and Last week 10-year bond ous ones. and other segments.

COLOURS, CULTURE, AND KITES

Despite SEBI tightening regulations,
SME fresh issue frenzy continues
Deepak Sharma, Man- to a number of small-scale
Suresh P. Iyengar aging Director, Sarthi Cap- businesses, the growth po-
Mumbai ital Advisors, said the new tential for SME-listed com-
SEBI norms are meant to panies remains strong in-
Notwithstanding SEBI’s safeguard investors from im- spite of the stricter
move to tighten regulations mature companies that regulations.
for IPOs on the SME plat- might misuse investor
form, the issuances have sentiment. HIGH RETURNS
been buoyant, with one IPO With a track record of over According to government
hitting the market daily in a decade, the SME exchanges data, there are over 63 mil-
the last 10 days, and another have gained confidence and lion MSMEs in the country,
four set to open for subscrip- many small businesses are but only about 1,000 com-
tion by the next weekend. coming forward to raise panies are listed on the stock
SME exchanges — BSE mandatory for SMEs to funds for various business exchanges, he said.
SME and NSE Emerge — achieve an operating profit needs, he added. Puneet Singhania, Dir-
opened the new year on a of ₹1 crore in any two out of Uday Nair, Director, Fe- ector, Master Trust Group,
strong footing, with 14 com- three financial years imme- dEx Securities, said the re- said the recent trend of
panies set to raise ₹557 crore diately preceding the filing of cent amendments will massive over-subscriptions
in the first 20 days of this the IPO application. strengthen the entire pro- in SME IPOs underscore in-
month. It also disqualified SMEs cess, allowing only good vestor interest, largely
The year 2024 was a raising money to repay the companies to tap the market, driven by the potential for
bumper year for both the promoter group’s loans and and will boost investor con- high returns, particularly sig-
SME exchanges as 243 SMEs has capped general corpor- fidence which, in turn, will nificant listing-day gains.
raised a whopping ₹9,428 ate expenses to 15 per cent of translate into higher Further, various govern-
crore, up from 182 compan- the funds raised or ₹10 crore, demand. ment policies aimed at pro-
ies mopping up ₹4,967 crore whichever is lower. Bipin Bhanushali, Presid- moting SMEs have created a
in 2023, according to Chit- The change of rules comes ent-Investment Banking, supportive environment for
torgarh, an online platform in the wake of instances of Marwadi Chandarana Inter- them, while the tightening of SOARING HIGH. Visitors enjoy the vibrant inauguration of the ‘International Kite Festival 2025’ at the Sabarmati Riverfront in
tracking corporate fund diversion of issue proceeds mediary Brokers’ Invest- norms will enhance the cred- Ahmedabad on Saturday. This year’s festival, running from January 11 to 14, features 143 international kite flyers from 47
raising. to shell companies con- ment Firm, said India being a ibility and resilience of the countries and 52 participants from 11 States. Gujarat has 65 per cent share of the country's kite market, with exports to countries
Last month, SEBI made it trolled by the promoters. developing nation and home SME segment, he said. such as the US, the UK, and Canada PTI

‘Clean energy sector must

Poor show: Bollywood’s collections down 13% in 2024 become self-sustaining’
Regional films did comparatively better; Hindi-dubbed South films earn big Our Bureau
New Delhi
Meenakshi Verma ping to 40 per cent in 2024 Hollywood saw the lowing 2019, 2022 and
Ambwani compared to 44 per cent in steepest decline of 17 per 2023,” the Ormax Media
New Delhi 2023. cent in terms of gross col- Report said. Product Linked Incentives
“Notably, 31 per cent of lections in the Indian mar- In 2024, the footfalls in (PLIs) and subsidies are det-
Hindi cinema’s collections ket. Overall, Hollywood cinema halls at 88.3 crore rimental to long-term
The 2024 report card of In- came from dubbed ver- movies collected ₹941 were 6 per cent down from growth and development of
dian cinema is out and it sions of South Indian films. crore in 2024 (₹1,139 2023. the clean energy sector,
was a poor show by both If only original Hindi lan- crore), the report added. Commerce and Industry
Bollywood and Hollywood. guage films are considered, Overall, Indian gross REGIONAL RISE Minister Piyush Goyal has
Regional films did com- the decline in box office box office in 2024 stood at Malayalam cinema said.
paratively better. Hindi was a steep 37 per cent,” ₹11,833 crore down 3 per doubled its box office share “PLI schemes can only
cinema gross box office Ormax Box Office Report cent over the previous from 5 per cent in 2023 to help kickstart the sector, but Union Commerce and
collections declined by 13 2024 stated. BREAKING RECORDS. Pushpa 2: The Rule was the year. “Despite a marginal 3 10 per cent in 2024, sur- the clean energy sector must Industry Minister Piyush Goyal
per cent to ₹4,679 crore in highest-grossing film of 2024 collecting about ₹1,403 crore. per cent decline compared passing the ₹1,000-crore strive to become self-sus-
2024 from ₹5,380 crore in PUSHPA 2 SCORES Its Hindi dubbed version raked in a record ₹889 crore to the previous year, 2024 mark for the first time. taining and independent of
2023. Pushpa 2: The Rule was the stands as the second- Tamil and Telugu cinema the government,” he said hance India’s cleantech value
A report released by Or- highest-grossing film of ‘Hindi’ film of all time. tion mark. Devara - Part highest-grossing year, fall- largely maintained their while unveiling the Bharat chains in the solar, wind, hy-
max Media noted that the 2024 collecting about Through the year, only 1,Bhool Bhulaiyaa 3 and ing just short of the box office share. Collecting Cleantech Manufacturing drogen and battery storage
year just past also saw ₹1,403 crore . Its Hindi three movies — Pushpa 2: The Greatest Of All Time ₹12,000-crore milestone. ₹84 crore, Gujarati cinema Platform at the Bharat Cli- sectors, according to a press
Hindi cinema’s contribu- dubbed version raked in The Rule, Kalki 2898 AD, were the other three to It also marks the fourth recorded an impressive 66 mate Forum 2025. statement issued by the
tion to the overall India ₹889 crore, setting a new and Stree 2 — crossed the gross above ₹300 crore in year to surpass the per cent jump over 2023, The Bharat Cleantech Commerce Ministry on
box office collections dip- record for highest-grossing ₹500-crore gross collec- 2024. ₹10,000-crore mark, fol- the Ormax Media added. Manufacturing Platform is Saturday.
an initiative designed to en- Details p12

CM
YK . . . . . . . . ND-NDE
 DELHI

2 businessline.portfolio
SUNDAY - JANUARY 12 - 2025

WISE WORDS. MARKET ACTION.

When the time comes to ask the
question – ‘What triggered the crash?’
– remember that this is the least
important question. The important
question to ask is ‘What drove the
bubble?’ That’s where the lessons are.
JOHN P. HUSSMAN,
President, Hussman Investment Trust

Macro stress in
microfinance
THE HANGOVER. An aggressive push for growth and margins has left the
MFI sector in trouble, and listed NBFCs with a significant exposure are feeling the pain.
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GETTY IMAGES/ISTOCKPHOTO

in upgrading systems in line with the new norms in little drop in Q2 profit was 125 per cent (profit from MFI busi-
Nishanth Gopalakrishnan time. Whether such delays will result in further stress re- nesses alone considered; overall profit grew 17 per cent
bl. research bureau
mains to be seen. and 28 per cent for L&T Finance and NACL). Profits of
Fusion, SSF and IIFL declined the most by 342 per cent,

D
o not kill the goose that lays the golden egg, HOW LISTED PLAYERS ARE PLACED 273 per cent and 133 per cent and thereby reporting
goes the takeaway from the tale about a We have analysed listed NBFC-MFIs and other NBFCs losses. Fusion was not profitable in Q1 too.
goose and its greedy owner, who eviscer- with a sizeable exposure to the MFI sector with a market- Annualised Return on Assets (overall basis), too,
ated it to get hold of all the golden eggs that cap of over ₹1,000 crore. The universe includes (sorted eroded from an average of 4 per cent for Q4 FY24 to -0.2
he thought were inside its belly. The pre- large to small by size of MFI AUM) L&T Finance, Credit- per cent for Q2 FY25. Return on Assets (RoA) of Fusion,
carious state of today’s microfinance (MFI) lenders is not Access Grameen (CAG), Muthoot Microfin, Fusion Fin- SSF and IIFL turned negative during the quarter as the
so different from that of the owner, the golden goose be- ance (Fusion), IIFL Finance (IIFL), Manappuram Fin- bottom line turned red.
ing India’s lucrative MFI market. The MFI industry is in a ance (Manappuram), Spandana Sphoorty Financial
lot of stress today owing to multiple factors. But the (SSF), Satin Creditcare Network (Satin) and Northern OUTLOOK
misery is largely brought upon by the players themselves, Arc Capital (NACL). There have been views on growth picking up with Decem-
as a consequence of aggressive push for growth and mar- L&T Finance, IIFL, Manappuram and NACL are en- ber being a good quarter seasonally and good Kharif and
gins with insufficient risk controls. gaged in other businesses too such as gold loans, auto Rabi harvests expected. Reservoir levels could aid this.
In our bl.portfolio edition dated November 3, 2024, we loans, mortgages and SME loans apart from MFI loans, However, with players gradually implementing the
had given insights on warning signals from the sector fol- offering diversification to the portfolio. tightened underwriting norms prescribed by MFIN,
lowing the release of Q2FY25 results and how this could growth is expected to be impacted. Managements of CAG
impact private banks with exposure to this segment. Now TROUBLE STATES and Muthoot Microfin for instance, have lowered their
as earnings season is underway, lot more insights can be A key issue for which the lenders can’t be faulted though, original guidance given for FY25. Their revised guidance
gleaned from the Q3 FY25 results that will be reported by is the expectation of loan waivers among the borrowers, for AUM growth and RoA stands at roughly half the fig-
banks and NBFCs. In this edition, we take stock of the lis- especially around election times. Managements contend ures originally guided for and credit cost guidance has
ted NBFCs that have significant exposure to the sector that this discourages even those borrowers who are regu- been doubled.
and what investors should watch out for. lar in their repayments to default. Things are expected to get better for the industry only
Based on data from CRIF High Mark, we analysed and in the next fiscal.
RISK-PRONE GROWTH ranked States on criteria mentioned in the infographic. In the week gone by, MFI stocks rallied on the back of
As the MFI industry largely caters to the credit-starved States such as Rajasthan, Odisha, Madhya Pradesh and the industry having approached the government for
rural population, it is also a space that is underpenetrated Uttar Pradesh rank high in terms of worst delinquencies. Covid ECLGS-like guarantee scheme and support for
by mainstream banks (excluding small finance banks), These States witnessed Assembly Elections in the past low-cost funds. Given that the entities are adequately
which have a market share of about 33 per cent (as per a couple of years. capitalised, it is unlikely that the government will oblige.
report by CRIF High Mark, a Credit Information They also feature in the top 10 States by size of MFI
Company). portfolio and are key geographies for the listed NBFCs
MFI lending, or any kind of lending for that matter, is a we analysed.
simple game, if one can answer three questions right –
whom to lend, how much to lend and at what rate. The
sector being cyclical, it could be susceptible to adverse
Value or value trap?
events, including climate related too. But the fact that the
gross NPA (GNPA) ratios of most of the lenders are at
their peaks in over six quarters, sends a message that they
may not have answered the three questions right.
Top reasons for repayment challenges, as cited by MFI As said earlier, there has been no dearth of growth in
S tock prices of all players analysed have crashed by an
average 44 per cent from their 52-week highs. The fall in
percentage is as follows – Fusion 74, SSF 67, Satin 47,
CAG 46, NACL 39, IIFL 36, Muthoot 36, L&T Finance 28 and
Manappuram 22. Multiples too have fallen, making the price to
lenders, include erratic trends in income, excess rainfall, AUM in the past. Over the five quarters spanning over Q1 book value (P/B) ratios seem optically attractive at current
heat wave and attrition affecting collections. Yet the fun- FY24 to Q1 FY25, the average growth in MFI AUM of the levels, but not really. This has happened not on the back of
damental cause seems to be the aggressive push for players analysed has been about 23 per cent. L&T Fin- earnings growth, but due to derating driven by worsening
growth and higher margin, and throwing caution to the ance and SSF saw the highest growth with CAGRs of 29 fundamentals.
wind. per cent each. The quarterly year-on-year growth in dis-
The gross loan portfolio (GLP) of all MFI lenders has bursals in this period has come at an average of 26.4 per
grown from ₹2.32 lakh crore as of FY20 to ₹4.43 lakh cent. However, as the stress ballooned in the second
crore as of FY24 at a rate of 18 per cent compounded quarter of FY25, the companies scaled back on disbursals
(Source: CRIF High Mark). The growth rate for NBFC- during the quarter.
MFIs has been at a higher 24 per cent. Such growth resul-
ted in lending to overleveraged borrowers, meaning com-
panies were lending fresh loans to borrowers who already
had other loan(s) subsisting. As of Q2 FY25, about 8 per
cent of the total MFI portfolio is represented by loans to
borrowers who are indebted to five or more lenders. And
this is the section that has the most delinquencies, going
as high as 22 per cent on a PAR 31-180 basis (PAR – port-
folio at risk; loans overdue for more than 30 days but not
exceeding 180 days). COMING HOME TO ROOST
Consequently, collection efficiency (roughly, percentage
of money collected compared to instalment due) de-
clined and so MFI players scaled back on fresh sanctions.
Disbursals at the industry level during Q1 and Q2 of FY25
dropped 31 per cent and 13 per cent quarter over quarter.
GLP, too, dropped 6.5 per cent from FY24 to ₹4.1 lakh
crore.

GNPA ratio spiked in Q2 FY25. The average GNPA ra-

tio of players analysed grew to 4.4 per cent as of Q2 from
2.3 per cent as of Q4 FY24 (GNPA ratios of the respective
MFI businesses alone are compared; MFI specific data of
L&T Finance and NACL were not available; their overall
GNPA ratio stood at 2.8 per cent and 0.6 per cent).

USURIOUS RATES
In October 2022, the RBI deregulated the interest rates
that can be charged for MFI loans. This was done in good Investors looking for fresh exposure to this sector are
faith that the competitive forces in the space would lead better off waiting out, until signs of better fundamentals
to lower rates. Unfortunately, that has not transpired. In- emerge. Buying these stocks can very well turn out to be like
stead, the yields of NBFC-MFIs have gone up, while the As the chaos unfurled, a couple of months ago, the catching a falling knife rather than a value buy.
cost of funds has remained largely constant. Observe the MFIN (Microfinance Industry Network), a self-regulat- In the current earnings season, investors must follow
spread (yield on loans minus cost of funds) broadening in ory organisation for entities in this space, introduced metrics such as GNPA ratio and Stage-2 (overdue by 31-89
the infographic. Former RBI Governor Shaktikanta Das stricter underwriting norms, building on guardrails days) assets ratio along with impairment expense and credit
called rates of 25 per cent are usurious for people of small brought in July, to be given effect from January 1, 2025. cost ratio to gain more clarity on what is playing out in the
means and that some lenders were not transparent about Key ones include limiting lender associations (number of sector. Collection efficiency also needs to be watched as
the penalties in case of default. In fact, the central bank in lenders the borrower is indebted to) to a maximum of lenders have allocated more resources on the collection front.
late-October 2024, banned Asirvad Micro Finance (sub- three MFI entities per borrower from the current four Of the lot, NBFCs with a diversified AUM might fare better
sidiary of Manappuram Finance) and Arohan Financial and limiting indebtedness per borrower to a maximum of in the near term. As far as private banks are concerned, which
Services from disbursing fresh loans after it found the ₹2 lakh. MFIN also urged the boards of MFI entities to re- we had covered in our Big Story dated November 3, 2024,
spreads to be excessive and not in adherence with regula- view the interest rates charged, to pass on efficiency investors need to closely monitor the MFI trends for banks
tions. Following the lifting of ban on Arohan in early gains if any, to the customer. with high MFI exposure such as Ujjivan (65 per cent), Suryoday
January, the ban on Asirvad was also lifted recently, after Now the norm about limiting lender associations to (56 per cent), Bandhan (45 per cent), IDFC First (10 per cent),
the entities made satisfactory moves to fall in line with three has been deferred by three months, with the rest Provisions, too, grew, bumping up credit cost, which IndusInd (9 per cent) and RBL (8 per cent).
the regulator’s guidelines. having been adopted. This is because of difficulties faced meant profits plummeted. The average year-on-year
CM
YK ... . . . . . . ND-NDE
 Your Money . bl . 3
DELHI

businessline.portfolio
SUNDAY - JANUARY 12 - 2025

Aarati Krishnan

With mutual fund houses run-

Five rules to play thematic TAX QUERY

equity funds
ning out of mainstream equity
categories for new funds, they SUDHAKAR SETHURAMAN
have been rolling out many sec-
tor and thematic funds. Such
funds take concentrated bets on
a single sector or on a theme con-
sisting of a few sectors. In end-
November 2024, 190 of 481
open-end equity schemes open
for business were thematic funds
and this was the most popular
category of equity funds.
Sector and thematic funds can
deliver a big kicker to your equity REAL RETURNS. Investors who pocketed
portfolio when they click. In the
last five years, the best-perform-
high returns in this space were those who

GETTY IMAGES/ISTOCKPHOTO
ing thematic funds managed a identified the right themes, selected the most
25-31 per cent CAGR (compoun-
ded annual growth rate), against promising funds within them and entered
the 15 per cent return on them at the right time
Nifty50. But these returns were
pocketed only by investors who
identified the right themes, se-
lected the most promising funds three sectors — financials, indus- DON’T BUY INTO NFOS TACTICAL OPPORTUNITIES
within them and entered them at trials and technology. EXIT STRATEGY Money managers know very well Most sector and thematic funds
the right time. Doing all this re- This is just one example of an Apart from knowing when how to make an investment case offer tactical opportunities. That
quires skills of a high order. outperforming theme where dif- to enter a theme, you for any sector or company of is, they deliver outperformance if I am aged 54, working in a PSU and fall under the
ferent managers have vastly dif- also need to have the their choosing. Therefore, it can bought before a theme becomes 30 per cent tax bracket. I have opted for the new
BEFORE YOU BUY... fering ideas on how to play it. You conviction to parachute
be tempting to invest in new the market darling and sold when tax regime. I am a long-term investor with
Are you tempted to buy into an will find vast differences in thematic or sector funds at the it is at the peak of its popularity. investments in shares and mutual funds. I have
out when it is peaking out
‘Opportunities’ fund because strategies, market-cap orienta- New Fund Offer (NFO) stage, AMCs, however, like to launch booked long term capital gains (LTCG) on shares
two of the top-performing them- tion and stock choices across because of a slick presentation thematic or sector NFOs when and mutual funds in the current FY. Since I have
atic funds in the last five years thematic funds with broad man- and convincing macro argu- they are likely to get a good re- opted for the new tax regime, kindly clarify.
have been from this genre? Be- dates such as Quant, Manufac- or sector funds only if you have ments for the theme. sponse, which is usually when a Can I claim the exemption of ₹1.25 lakh for LTCG
fore taking the plunge, you need turing, Business Cycle and In- the skills to distinguish between However, in equity investing, theme is already in vogue. on shares and mutual fFunds?
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to understand what kind of op- novation. Therefore, before a well-constructed portfolio in folks who tell great stories may This again makes NFOs a bad Am I eligible to claim the benefits of
portunities you are hoping to betting on a thematic fund with a the theme and a poorly-con- not be great stock-pickers; stock- time to bet on a thematic or sec- grandfathering provisions?
play, because there’s no standard nice-sounding label, go through structed one. picking geniuses may not be tor fund and to take the timing S. Subramanyan
definition of this theme. If you its Key Information Memor- Alternatively, you should great orators. NFO investors call yourself.
ask five MF experts what an ‘Op- andum describing its precise know enough about the AMC/ may be disappointed to find that Apart from knowing when to Exemption of ₹1.25 lakh for LTCG (under Section
portunities’ fund is, you may get strategy. Read recent factsheets fund manager to bet on their abil- the first portfolio of their Innov- enter a theme, you also need to 112A) and grandfathering provisions are available
six different answers! and portfolios to see what types ity to spot opportunities before ation fund has old war-horses have the conviction to parachute under both old and new tax regimes.
ICICI Prudential and Franklin of stocks it owns. the market. such as ICICI Bank, out when it is peaking out. This Conditions to avail the benefit under Section 112A:
India run Opportunities funds Acing a sector or thematic Maruti or Bajaj Finserv in its argues for investing only in sec- • Sale must be of equity shares or units of an
that look to exploit special situ- SPECIALISED SKILLS fund is a specialised job. This is top holdings. Or that banking tors or themes that are non-cyc- equity-oriented mutual fund or units of a business
ations in stocks or sectors arising When betting on sector or theme precisely why brokerage and stocks, which are the bread and lical, or those where you under- trust.
from corporate actions, govern- funds, many investors think that AMC research teams run on sec- butter of every vanilla fund, are stand the cycle. • The securities should be long-term capital assets
ment policy, regulatory changes, any fund playing the theme will tor specialisation. An AMC run- also top weights in Quant funds. — having more than one year of holding.
companies going through a do to earn big returns. They be- ning a Business Cycle or Oppor- Relatively-new investors may PORTFOLIO OVERLAPS • The transactions of purchase and sale of equity
rough patch etc. But Kotak lieve that if a Transportation and tunities fund needs a top-down also believe that a fund with NAV Many folks buy into sectoral or shares are subject to STT (Securities Transaction
Equity Opportunities Fund bets Logistics Fund from one AMC view of macros, to hop on to of ₹10 has a greater shot at deliv- thematic funds thinking that Tax). In the case of equity-oriented mutual fund units
on companies and sectors with has delivered stellar returns, an- cycles ahead of the market. An ering multi-bagger gains than they are adding something or business trusts, the transaction of the sale is liable
strong growth potential. The other will do just as well, and AMC running a Pharma, Hous- one with NAV of ₹50. This is unique to their portfolio. But to STT.
portfolios of these thematic ditto for Manufacturing or Con- ing, Defence or Innovation fund simply not true. Both funds will given that most Indian fund If the conditions are satisfied, exemption of up to
funds, despite their similar sumption. needs bottom-up knowledge of be investing in a theme at stock houses like to stick to the top 700 ₹1.25 lakh under Section 112A can be claimed.
names, are very different. The reality, however, is differ- specific companies in these prices as of today. Your percent- or so stocks in the market and are Grandfathering provisions apply for eligible capital
For instance, in November ent. While the top-performing themes. It is rarely that a single age gains from here is what mat- bound by liquidity constraints, assets (listed equity shares, units of equity-oriented
2024, ICICI Pru Opportunities consumption funds (Nippon and AMC or fund manager has both ters, and not the number of units portfolios of different funds with mutual funds and units of business trust) acquired on
Fund was 80 per cent invested in SBI) delivered a 24-25 per cent capabilities. you own. an AMC often end up borrowing or before January 31 , 2018, and sold on or after
large-caps with a 38 per cent CAGR in the last five years, the Typically, the bottom rankers To home in on thematic or sec- heavily from each other. February 1 , 2018. Assuming that your assets satisfy
weight in financial stocks, and bottom performers managed in thematic funds have delivered tor funds with promise, it best to Therefore, when buying into a these conditions, grandfathering provisions are also
most other sectors bagging small only 17-19 per cent. Returns on very little alpha over flexi-cap avoid NFOs and look for thematic or sector fund, do check available.
weights. But Kotak Equity Op- Manufacturing-themed funds funds. So, if you are not confident seasoned funds that have if its portfolio overlaps substan-
portunities Fund was 35 per cent range from 27 per cent CAGR to of running the above checks, you demonstrated their ability to ace tially with the large-cap, mid-cap,
invested in midcaps and had 20 per cent. This underlines the should stick to flexi-cap funds the sector or theme over a three- flexi-cap or index funds you The writer is Partner, Deloitte India
weights of 17-19 per cent each in fact that you should buy thematic and avoid thematic bets. five-year period. already own. Send your queries to [email protected]

A lowdown on the
pedigree and
performance of
PMS strategies
INVEST SMART. Currently, 438
PMS strategies provide customised
investment solutions to
GETTY IMAGES

high net-worth investors

called strategies that are sim- fixed percentage periodically PMS. Some PMS schemes
Dhuraivel Gunasekaran ilar to that of the mutual that ranges from 0.25 per hold even 20-30 per cent in a
bl. research bureau fund schemes. Investors get cent to 2.5 per cent. The single stock.
to choose from the various profit-sharing option is
Like mutual funds, Portfolio strategies available with dif- structured as a percentage of TAX ASPECTS
Management Service (PMS) ferent PMS. The portfolio of profits generated by the In mutual funds, the fund
has also become a popular in- each strategy that an in- portfolio in excess of a spe- manager engages in a num-
vestment vehicle among in- vestor puts money in is held cified hurdle rate. ber of transactions in an
vestors in higher income in a separate demat account. The hurdle rate is the min- equity mutual fund. Uni-
brackets. The PMS industry PMS can be categorised as imum rate of return a portfo- tholders do not have to pay
added 1.44 lakh clients over discretionary and non-dis- lio must achieve before the tax for this, though. They
the previous 10 years, reach- cretionary, based on the level fund manager can charge a only have to pay taxes when
ing 1.9 lakh as of November of control that the portfolio performance fee. In the case they redeem money from the
30, 2024. Their assets under manager holds. In discre- of hybrid-fee option, the fund.
management (AUM), too, tionary, the client provides portfolio managers charge Meanwhile, PMS trades
have grown manifold to ₹7.5 the PMS manager the ‘Power both fixed and profit-sharing stocks from an investor’s de-
lakh crore from ₹62,217 of Attorney’ to execute trans- fees. mat account. So, the investor
crore in November 2014. actions in the demat account As per a PMS Bazaar study, bears transaction costs and
PMS offers personalised on his/her behalf. Under about 53 per cent of the short- and long-term capital
investment solutions and non-discretionary PMS, strategies provide investors gains, which leads to much
active portfolio management transactions can be executed with all three fee alternat- higher expenses that can eat
to high net-worth individu- only after approval from the ives. About 29 per cent of into the returns.
als, family offices, corporate/ client. strategies offer only the hy-
institutional clients. brid option, while 17 per cent PERFORMANCE
The minimum ticket COST STRUCTURES offer fixed-only and 2 per Each PMS strategy follows a
amount in PMS is ₹50 lakh; In India, PMS is offered with cent profit-sharing only fee different approach to invest-
however, an investor can be- three cost structures – fixed options. ing. As per PMS Bazaar, the
gin investing in mutual fund only, profit sharing only and PMS strategies are classified
schemes with as little as hybrid fee. In fixed fee struc- TAILORED STRATEGIES into 14 categories. The
₹100. The PMS portfolios are ture, the investor has to pay a Unlike mutual funds with a equity strategies are further
standard categorisation, classified as large-cap, large-
PMS goes beyond one-size- &mid-cap, mid-cap, small-
fits-all solutions and custom- cap, small-0&mid-cap, flexi-
ises investment strategies to cap, sector and thematic
offer each person a unique funds. The other categories
and personalised investment include multi-asset funds,
solution. debt and arbitrage funds.
In PMS, you gain direct As per the data, currently
ownership of securities in there are 438 PMS strategies
your portfolio that allows in- available in the market. Of
vestors to make informed de- these, 62 have a 10-year track
cisions about the record. On an average, PMS
investments. funds have delivered a 15 per
PMS enjoys flexible in- cent annualised return
vestment approaches. For in- (CAGR) in the past 10 years
stance, mutual funds cannot up to December 31, 2024,
take more than 10 per cent surpassing the Nifty 50 TRI
exposure to one stock. There which delivered 12.4 per cent
is no such restriction for returns in the same period.
CM
YK ... . . . . . . ND-NDE
 4 . bl . Fund Insight
DELHI

businessline.portfolio
SUNDAY - JANUARY 12 - 2025

ALERTS.
Fund to navigate WhiteOak Capital MF’s Quality Equity Fund

WhiteOak Capital MF has launched the NFO of its Quality

choppy markets
Equity Fund, an open-ended scheme. Benchmarked
against the BSE Quality Index, this scheme is thematic in
nature. The scheme proposes to
follow the quality theme and invest
in companies with strong
fundamentals and sustainable
competitive advantages. The
minimum application amount is
FUND CALL. Edelweiss Large Cap has consistently ₹500, and investors can invest in
multiples of ₹1 thereafter. The
outperformed peers and Nifty 100 TRI over the years minimum SIP amount is capped at
₹100. Exit load is at 1 per cent for
redemption within 1 month, with no exit loads for
redemptions beyond one year. The NFO is open for
subscription until January 22.

Kotak MF’s Nifty Smallcap 250 Index Fund

The NFO of Kotak MF’s Nifty Smallcap 250 Index Fund is

open. An open-ended index fund tracking the Nifty
Smallcap 250 Index, this scheme is designed to replicate
the performance of the Nifty
Smallcap 250 Index, subject to
tracking errors. The Nifty Smallcap

GETTY IMAGES
250 Index tracks the performance
of the 250 companies ranked 251
to 500 within the Nifty 500. It aims
to measure the performance of
points across timeframes. its benchmark. These observa- small market capitalisation
Venkatasubramanian K WHY INVEST When five-year rolling re- tions are based on data from companies. The minimum
bl. Research Bureau turns over the period January January 2022-January 2025. application amount is ₹100, and
 Delivered steady
2013 to January 2025 are con- investors can invest in multiples of ₹1 thereafter. The
outperformance over the
The equity markets have been sidered, the fund has delivered STEADY SECTOR MIX minimum SIP amount is also capped at ₹100. There is no
benchmark on a rolling
f1ccf833-44c4-4575-b5cd-33fe76bd21c0

f1ccf833-44c4-4575-b5cd-33fe76bd21c0
volatile and in a corrective mode mean returns of 14.3 per cent. Edelweiss Large Cap invests exit load for this fund. The fund is rated ‘very high risk’ on
for the past three months with a return basis For comparison, the Nifty 100 around 85 per cent (can go the risk-o-meter. The NFO is open for subscription until
mix of factors at play: fears of US  Maintained a steady TRI delivered average returns of higher to 89-90 per cent at January 20.
trade tariffs, FPI selling, valu- portfolio without undue 13.3 per cent. times) of its portfolio in large-
ation concerns, slowing GDP churn Also, in the period mentioned cap stocks. About 10-15 per cent
growth and underwhelming cor-  Suited for investors with above, on a 5-year rolling basis, of its holdings is in mid-caps, a
porate results. a medium risk appetite the scheme has beaten its strategy that most schemes in ETF movers
In the broader markets, only benchmark Nifty 100 TRI over the category resort to. The mid- witnessed anaemic growth and Top ETFs (Exchange Traded Funds) traded on NSE based on
large-caps have relative valu- 94 per cent of the time. It has de- cap holdings have aided the have been shunned by the mar- weekly change in price
ation comfort, more so after the livered more than 12 per cent fund’s outperformance. kets, now figure among Edel-
Weekly Volume traded
recent correction. over 78 per cent of the time dur- The exposure in large-cap weiss Large Cap fund’s key hold- NAV (₹) Price (₹)
change in the last
For investors with a medium costs and reduce portfolio ing this period and more than 15 stocks is reserved for the top ings. A stiff 25 per cent in price week
risk appetite, large-cap funds volatility. per cent for nearly 47 per cent of few companies in any given correction in some of the key as on Jan 10 (%) (in '000s)
are ideal investment vehicles the time. sector. stocks in the segment may have ETF
from a long-term perspective. ROBUST OUTPERFORMER The fund’s SIP returns There is a slight value tilt to made these picks attractive.
UTI Silver ETF 88.3 88.8 2.3 798
Without taking high risks and Large-caps in general have (XIRR) over the past 10 years the fund’s top holdings, though The fund generally holds
maintaining relatively less struggled to beat the benchmark are healthy, at 16.3 per cent. An growth is also given consider- around 70 stocks in its portfolio, Edelweiss Silver ETF 91.7 91.6 2.2 280
volatile portfolios, large-cap Nifty 100 TRI or the BSE 100 SIP in its benchmark Nifty 100 able prominence. Most of the with exposure to individual ICICI Prudential Silver ETF 91.1 91.0 2.1 4,067
funds are ideal avenues for being TRI, especially after market reg- TRI would have returned 14.7 picks are from the Nifty 100 firms rarely crossing 4 per cent Kotak Nifty IT ETF 47.7 47.7 2.0 433
in the core part of investor port- ulator SEBI brought in rigorous per cent over the same period. index. barring the top few holdings.
folios. categorisation and investment All return figures pertain to Firms in the financial services Edelweiss Large Cap remains Axis Silver ETF 91.0 90.8 2.0 154
In this regard, Edelweiss norms. However, Edelweiss the direct plan of the fund. space have always been the invested to the tune of 95-98 per ICICI Prudential Nifty IT ETF 47.9 48.0 2.0 7,665
Large Cap is a fund that in- Large Cap has consistently done Edelweiss Large Cap fund has fund’s top holdings, with banks cent and rarely holds high cash ABSL Silver ETF 91.2 90.9 2.0 832
vestors can consider from a better than the the Nifty 100 an upside capture ratio of 100.2, gaining the most prominence. and debt positions.
long-term perspective of at least TRI over the past decade or so. indicating that its NAV rises al- IT software has also figured The fund is suitable for in- GOLD ETFs
7-10 years. In the past 1-year, 3-year, 5- most as much as the benchmark among the top holdings of the vestors with a medium risk ap- Nippon India ETF Gold BeES 65.4 65.9 1.3 57,111
The fund has a track record of year and 10-year timeframes, during rallies. The scheme has a fund, though healthcare has petite. Investors saving for fin- Axis Gold ETF 65.8 66.2 1.3 1,275
over 15 years and has delivered the fund has delivered 15.8 per downside capture ratio of 81.3, now become the second largest ancial targets that are 7-10 years ICICI Prudential Gold ETF 67.5 67.9 1.2 7,385
healthy benchmark and cat- cent, 15.2 per cent, 18.7 per cent suggesting that the scheme’s segment held by the fund. Auto- away can opt for the systematic
egory-beating returns over the and 14.3 per cent, respectively NAV falls much less than the mobiles and auto parts have investment route. Source: Bloomberg. Returns as on January 10, 2025
long term. on a point-to-point basis. The Nifty 100 TRI during correc- seen increased exposure in re- The scheme can be a key com-
SIP route for taking exposure scheme outperformed its tions. A score of 100 indicates cent portfolios. Surprisingly, ponent of an investor’s large-
to the fund would help average benchmark by 2-3 percentage that a fund performs in line with FMCG companies, which have cap portfolio. Best NPS plans
Top pension funds in each category based on 5-year CAGR
NAV

The magic of long-term investing

(₹) Returns (% CAGR) Assets
Name of the fund
as on (₹ cr)
Jan 10 1-year 3-year 5-year

TIER I: EQUITY PLANS

UTI Retirement Solutions 69.0 18.4 14.9 17.3 3,286
FUND TRACKER. Equity schemes that made up to ₹5 crore from ₹5,000/month SIP in 25 years ICICI Prudential Pension Fund 69.5 15.2 14.2 17.3 18,304
Kotak Pension Fund 63.7 14.3 13.9 17.0 2,657
Dhuraivel Gunasekaran THINGS TO NOTE TIER I: GOVERNMENT BOND PLANS
bl. research bureau ABSL Pension Scheme 18.2 10.7 7.5 7.5 1,197
 Start at a young age
LIC Pension Fund 29.2 11.0 7.5 7.5 6,483
Mutual funds (MF) have be-  Don’t get swayed by
come the go-to investing option short-term blips HDFC Pension Fund 27.1 10.9 7.4 7.5 34,263
for retail as well as large in-  Step up your investment TIER I: CORPORATE DEBT PLANS
vestors ever since the Unit Trust periodically HDFC Pension Fund 27.7 10.0 7.0 8.1 21,020
of India, the country’s first mu- ICICI Prudential Pension Fund 41.7 9.5 6.8 7.9 8,687
tual fund scheme was launched
almost 60 years ago. well. Such volatility gives you ABSL Pension Scheme 18.6 9.7 6.8 7.8 699
MFs have rewarded the pa- the opportunity to reduce the TIER I: ALTERNATIVE INVESTMENTS
tience of long-term investors average cost per unit by buying SBI Pension Fund 20.4 12.6 7.8 9.6 103
handsomely. They are powerful more units when prices are low
HDFC Pension Fund 19.7 10.5 8.4 8.6 324
vehicles to participate in the and fewer units when prices are
equity markets. Well-managed high. This will help accumulat- LIC Pension Fund 18.2 8.7 6.8 7.3 23
equity-oriented schemes have ing more units and achieving *Source: NPS Trust. Returns as on January 10, 2025
proved with their long-term better returns.
track records that wealth can be
built over the long term. STEPPING UP SIP
Data compiled from the Mutual fund companies provide Top PMS schemes
ACEMF show that the top-per- a variety of SIP options to help Based on 5-year returns
forming equity schemes multi- 6 you accumulate a sizeable cor- Returns (% CAGR)
AUM
plied the monthly investment of pus and achieve your financial AMC Strategy
(in ~ cr)
₹5,000 made over the last 25 5 objectives at the earliest. One of 1-year 3-year 5-year
years up to₹5 crore. A System- these is ‘step-up SIP’, which dif-
atic Investment Plan (SIP) en- 4 fers marginally from ‘regular LARGE CAP
ables investors to make recur- SIP’. ICICI Pru Largecap 619 21 21 22
ring investments in mutual fund 3 Under regular SIP, you invest Renaissance
Opportunities NA 25 20 21
schemes. a fixed amount at a regular inter- Investment
The accompanying table 2 val. The step-up SIP allows you Standard Chartered Long Term
shows that you would presently to gradually increase your con- 308 29 18 20
Securities India Value Compounder
be sitting on a corpus worth tributions, which are in direct Agreya Capital
1 Momentum NA 11 15 20
between ₹2.5 crore and ₹4.98 proportion to your rising in- Advisors
crore if you had invested ₹5,000 come. It makes use of your
0 MULTI CAP
a month through the systematic rising income to build a larger
route for 25 years in these corpus in a relatively brief span Negen Capital Special Situ
1,051 33 26 39
Services & Tech Fund
schemes. of time.
According to the table, as of Step-up SIPs are especially Valuequest
Platinum 3,279 31 27 37
December 31, 2024, the top-per- advantageous for salaried indi- Invest. Advisors
forming scheme Nippon India viduals who get regular salary Stallion Asset Core Fund 4,163 70 34 37
Growth Fund has returned 8 hikes or bonuses. As your salary Bonanza Portfolio Multicap NA 33 30 35
₹4.98 crore for the 25-year SIP. increases annually, it is always a
7 Bonanza Portfolio Edge NA 22 29 34
Remarkably, as of October 2024, good idea to increase your con-
it had reached ₹5 crore. tributions once a year. Valuequest
6 Growth 2,175 23 22 33
Invest. Advisors
For instance, the regular SIP
SIP WORKS IN LONG TERM 5 of ₹5,000 per month in Nippon MID-CAP
Indian investors are now more 4 India growth fund fetched you a Unifi Capital APJ 20 NA 14 17 36
acquainted with the benefit of corpus of ₹4.98 crore in 25 Asit C Mehta Invest.
SIP to invest in MF schemes. 3 years. But when you increase the Ace - Midcap NA 28 31 31
Intermediates
Now, more than ₹25,000 crore is 2 monthly SIP by 10 per cent each
Right Horizons Super Value NA 31 22 30
the monthly SIP contribution in year, the corpus would become
MFs, which is expected to in- 1 ₹7.6 crore. Your total invest- NAFA Asset Emerging
NA 22 21 30
Managers Bluechip
crease in the future; SIP enables 0
ment would be ₹59 lakh (10 per
you to regularly invest small cent step-up annually) com- SMALL CAP
sums in MFs to build wealth, and pared to ₹15 lakh (no step-up). Counter Cyclical Diversified
638 43 43 73
reach your financial goals. With 10 per cent annual step- Investments Long Term Value
SIP helps in reaching your up, the SIP has grown signific- Equitree Capital Emerging
long-term financial objectives, antly, as compared to the regular 566 51 41 43
Advisors Opportunities
including retirement and your Keep in mind that you should exhibits the largest declines in saw significant declines, it ulti- SIP. Data show that the step-up Accuracap Dynamo NA 38 31 41
children’s education. As shown not stop your SIP due to the the NAV value of Nippon India mately produced an impressive SIP delivered higher returns
Aequitas Invest. India
in the table, you can accumulate short-term blips in the stock growth fund from their respect- return in the long run. than the normal SIP under most Consultancy Opportunities
2,873 13 37 40
a huge corpus by allocating a market that deter you. The ac- ive previous peaks in the last 25 Ideally, SIP helps you in rid- circumstances (except those in
lesser amount over time. companying drawdown chart years. Even though the scheme ing out the market volatility a prolonged bear market). *Source: PMS Bazaar. Returns as on Dec 31, 2024

CM
YK . . . . . . . . ND-NDE
 Taking Stock . bl . 5
DELHI

businessline.portfolio
SUNDAY - JANUARY 12 - 2025

Sun anchors its speciality business businessline’s editorial policy prohibits analysts from
taking positions in the stocks they recommend — Editor

PHARMA. From branded generics to speciality-driven growth, Sun Pharma is preparing for the long haul REALITY CHECK.

Banking on Pharma
Sai Prabhakar Yadavalli
bl. research bureau

As investors turned apprehensive in the later half of

2024, all eyes turned to Pharma. Nifty Pharma gained 29
per cent in the last year, which is the highest among the
large sectors, as it is unaffected by consumption
concerns, trade volatility, reversal of cycles (auto, metal,
commodity) or rupee depreciation. On the other hand,
the sector made strides in product innovation,
establishing a strong outlook for earnings growth.

Source: Company website

growth and are expected to

Sai Prabhakar Yadavalli
bl. research bureau
ACCUMULATE ramp up sales further.
The pipeline includes several
ON DIPS other potential products.
Sun Pharmaceuticals has de- Sun Pharma ₹1,786 Ilumya is in trials for Psoriartic
veloped a sizeable portfolio of Arthritis as well, which is an ad-
speciality products that the WHY ditional indication. This can po-
company can now be seen as a tentially add 15-20 per cent to Consequently, the sector valuations are at a peak of
 Transition to speciality
speciality player. The existing existing sales when approved. In 29 times one-year forward earnings. This is a 25 per cent
portfolio in regulated premium to its 10-year average. In the last one year
speciality portfolio is powering October 2024, Sun Pharma and
markets
f1ccf833-44c4-4575-b5cd-33fe76bd21c0

f1ccf833-44c4-4575-b5cd-33fe76bd21c0
earnings and the company is de- Philogen have announced an ex- alone, the valuations have expanded 14 per cent. Again,
veloping a pipeline for the next  Strong foothold in India clusive global licencing agree- this is the largest expansion amongst the major sectors.
leg of growth. We earlier recom-  Healthy balance sheet ment for Fibromun, a product The broader Nifty50 is trading below last year’s
mended that investors hold the provides fire power under clinical trials for soft tis- multiple, despite a premium of 8 per cent over the last
stock in bl.portfolio edition sue sarcoma (Phase-3) and glio- 10 years. But sector headwinds must also be considered
dated January 2, 2022. But now blastoma (Phase-2). Philogen to temper expectations from Pharma.
with the company on such sure cent/28 per cent in H1FY25. Sun will conduct the studies and
footing, we revise our call and Pharma has a net cash of around generate marketing authorisa- pecia areata. Assuming Sun Derma space, which is now cap- SECTOR DRIVERS
recommend investors to accu- ₹7,000 crore in September 2024. tions and manufacture the Pharma secures 5 per cent share able of self-sustaining the global Easing of US FDA plant inspection concerns
mulate the stock on dips. Sun Pharma’s speciality product and Sun Pharma will of the patient population by the speciality momentum. contributed to the multiple expansion. Cipla,
The one headwind is valu- products are in Dermatology, commercialise the product for a eighth year and pricing of All through this, Sun Pharma Aurobindo, Lupin, Torrent Pharma and others have
ations being a little on the Ophthalmology and Onco- 55 per cent share. Other studies, $50,000 per year (similar to has not taken eyes off India- found resolutions of long-standing plant concerns. This
higher side with Sun Pharma derma therapies including the which are equally large in oppor- peers), the product can generate branded generics market and unlocked the portfolios and boosted sentiment
trading at 34 times one-year for- anchor product Ilumya (for tunity, are MM-II about enter peak sales of $500 million, other markets, where it has a reflected in valuations.
ward EPS or 32 per cent plaque psoriasis), which gener- Phase-3 for osteoarthritis, which can make it the second- significant presence. Sun Indian markets were a cause for concern as price
premium to 10-year average ated sales of $580 million in SCD-044 for atopic dermatitis largest product for Sun Pharma. Pharma has grown above the In- controls took hold in the last year. But the overall
along with sector valuations FY24. Winlevi (acne), Cequa in Phase 2 and GL0034, a GLP While approval has been re- dian Pharma market growth market growth has hovered around 8-9 per cent in the
also expanding 14 per cent in (dry eye disease) and Odomzo product (leading class in dia- ceived, Incyte, a leading auto- rate, as it is a leading player and latest quarters indicating a return to normalcy.
2024 to 30 times. Hence accu- (basal cell carcinoma) are the betes) for obesity about to enter immune player, has successfully has supplemented its sales force Complex product traction has been the main driver.
mulating on dips offers some other leading products. Phase-2. Sun Pharma is also filed an injunction based on in- significantly in the last three Indian generic operators have established a divergence
margin of safety. Ilumya has yet to reach its working on a portfolio of GLP fringement of one patent. The years. The other regulated mar- from long-standing generic markets, albeit on smaller
peak sales as inferred from the generics for diabetes in global appeal must be monitored with kets are benefitting from the contributions.
SPECIALITY PORTFOLIO strong 22 per cent year-on-year studies. This is targeting a flurry the least-favourable scenario speciality portfolio as well with
Global speciality revenues ac- growth in FY24. This can be of patent expires in the lucrative being delay for two years when parallel sales. SECTOR HEADWINDS
counted for 18 per cent of FY24 driven by global markets includ- space during 2027-30. the patent expires or a high roy- The strong balance sheet al- Valuations at 29 times should be a primary headwind to
revenues from 7 per cent in ing Europe and China, where it But Sun Pharma has almost alty. Sun Pharma also has con- lowing for M&A opportunities, the sector. At such valuations, earnings growth of 15-20
FY18. The impact of the same is is partnered for marketing along secured an ‘Ilumya’-sized op- tingent payment based on mile- the high margin business allow- per cent is required. This can be hard to generate, but
witnessed in margins and bal- the US markets. portunity. Deuruxolitinib, now stones to erstwhile Concert ing for elevated R&D commit- few structurally positive factors can provide some
ance-sheet strength of the com- But the lifecycle management named Leqselvi after approval Pharma shareholders of more ments (7-8 per cent of sales) offsets. For now ‘defensive’ tag of pharma can provide
pany. The gross and EBITDA in the US post 2031 when pat- in July 2024, was acquired as than $200 million. should sustain the speciality some support, but important to note it may dissipate if
margins have expanded from an ents are likely to expire will have part of the $576-million acquisi- Sun Pharma has transitioned build-up of Sun Pharma along earnings growth revives for other sectors. .
average of 73 per cent/23 per to be watched. Cequa and Win- tion of Concert Pharma in 2023. from one speciality product to a with leading presence in Although not an immediate threat, product cliff is
cent in FY16-20 to 78 per levi are in an earlier phase of The product is approved for alo- complete portfolio in the Onco- branded generics. not-too-far. The gRevlimid cliff in 2026 is a significant
overhang for Dr. Reddy’s, Aurobindo and others. The
initial bust of new launches by Sun, Cipla, Zydus and

Quartz sheen at reasonable value

Lupin are in the mid-to-late stage of product lifecycle.
However, the industry as a whole has been
downplaying the threat from trade generics in India.

COMPANY OUTLOOK
HOME DECOR. Revival in the US market and traction for Carysil’s new product line-up will be key monitorables While sectoral factors are important, individual
trajectories are crucial. With Goa plant cleared, Cipla
increase in employee expenses can target gAbraxane and gAdvair is on track for next
Arun K Shanmugam
bl. research bureau
ACCUMULATE and other expenses on the back year launch. Peptides and respiratory assets round up
of integration of its US acquisi- Cipla’s healthy launch pipeline. Similarly, Lupin has put
ON DIPS tion. Red Sea chaos to some ex- plant issues behind and is currently monetising its base.
The home decor space is closely Carysil ₹708.5 tent, the rise in cost of acrylic - Competition to Albuterol (Lupin and Cipla) is expected,
linked with the real estate sec- key raw material and the but Lupin has launches lined up to secure revenue
tor. While exposure to real es- WHY product mix also caused a drag growth.
tate brings to the table serious on the margin front both in H1 Concentration risk runs high for Dr. Reddy’s
 Growing market share of
cyclicality, proxy plays such as FY25 and FY24, which is expec- (gRevlimid) and Zydus (gAsacol). Dr. Reddy has utilised
quartz sinks
home decor are relatively insu- ted to ease off, going forward. the cash flows to create alternate assets. Zydus
lated, thanks to the replacement  Technological advantage The US acquisition had continues reliance on generics for future growth, but
market. And Carysil is one such with German Schock turned PAT-negative for H1 with limited competition and high-potential assets,
player in this space, manufac- technology FY25 despite being positive dur- Ibrance, Adempas and Sitagliptin, it should tide over.
turing premium sinks, kitchen-  Capex and acquisitions in ing the previous period, owing
ware, faucets and bathroom ac- the last 36 months to to a drop in demand. Integration
cessories. It is one of the only help growth from here of acquisitions and ramping up
four players globally manufac- of operations will remain key
turing quartz sinks using the pi- monitorables, going forward.
oneer Schock technology. ing done primarily in the faucet,
Carysil’s flagship product – built-in kitchen appliance and WHAT WORKS
quartz sink is largely under-pen- stainless-steel sink segments. Substituting the European
etrated in the sinks market with products, which the UK and US
stainless-steel sinks leading SCHOCK TECHNOLOGY subsidiaries have been distribut-
with over 75 per cent market Quartz sinks are stain-resistant, ing, with lower-cost India-man-
share. With its superior per- scratch-resistant and dent-res- ufactured Carysil sinks will help
formance and aesthetics, quartz istant. Colours are thermo- profit margins post integration
sinks have been gaining market chemical bonded, and the sink is and normalising of operations,
share and continue to have UV-protected which solves the in the medium to long term.
headroom to grow. Though ex- problem of fading. It is also rel- Moreover, since all other players
ports contribute to 80 per cent, atively easier to clean and aes- with access to this technology
domestic revenue — at just 20
per cent — can benefit from the
thetically pleasing, making a
better alternative to steel sinks.
operate from the western hemi-
sphere, Carysil also enjoys a cost
WHO AM I?.
rising demand in the premium Schock is a German company, advantage. The recent devalu-
housing market and sustained the inventor of, and pioneer in ation in rupee adds wind to the Are you an avid investor? How well do you
improvement in discretionary quartz sinks with around 21 per sail. know corporate India?
spending. The UK is the biggest cent global market share and Borrowings have dropped to
market for Carysil with around over 100 patents in this space. ₹255.8 crore as of H1 FY25 and Here’s a challenge. Using the five clues below, identify the
38 per cent share of FY24 rev- Based on a quartz-acryl compos- with improving utilisation from company that is being talked about here
enue, while the US follows with ite developed by Schock, its existing capacities, finance costs
21 per cent. Other geographies
such as APAC, GCC and Europe
premium quartz sinks are three
times stronger than natural
should reduce sequentially, aid-
ing in bottomline growing
1 I have recently completed three decades of being
listed, delighted to have delivered more than 100
accounted for the rest. granite and superior in perform- faster. times return to shareholders over the last two
With a trailing 12-month PE ance to sinks made from other Net debt to equity stands at decades.
of around 33 times, the stock, materials and other quartz 0.5 times as of H1 FY25. The
while not cheap, is reasonably sinks. company also looks on track to 2 My revenues have grown 10 times over the last
10 financial years and during the same period, my
valued relative to good growth Around 60 per cent of the meet the $100-million revenue
in business delivered in H1 world’s quartz sinks currently guidance for FY25, which would net profits have grown more than 15 times.
FY25. Revenue / EBITDA / PAT BUSINESS SEGMENTS company’s diversification are made using Schock techno- work out to FY25 revenue of
have also grown at a strong Carysil used to be a one-product strategy, focusing on kitchen- logy. And thus, Carysil’s around ₹850 crore. 3 Despite delivering more 40 per cent CAGR returns
to shareholders over the last three/five/10 years, I
CAGR of 25 per cent / 29 per company until 2010, manufac- top fabrications, solid-surface products are technically com- The dealer network more am yet to have any material institutional holdings.
cent / 27 per cent since FY20. turing just quartz sinks. Quartz products, kitchen and bathroom petent with the market. than doubled between FY20 and
Having corrected around 38
per cent from its peak in Febru-
sink continues to be the biggest
segment, contributing 51 per
faucets.
Customer line-up includes OPERATING METRICS
FY24, and with a consistent in-
crease in distributors, the com-
4 Half of my board members have doctorates in
various fields.
ary 2024, with signs of recovery cent of the revenue in FY24, the likes of IKEA, Home Depot, Volume growth year on year pany expects to gradually gain
in demand in its key geograph- though the company is now di- Grohe, B&Q, Menards and across quartz sinks, steel sinks, domestic ground. A foray into e- 5 My founder-family has been steadily increasing
stake over the decades and currently own more
ies, investors with a long-term versified into stainless-steel Lowe’s. The company has con- and appliances and others stood commerce is on the cards in In-
perspective could look at accu- sinks (10 per cent revenue mix sistently invested in the expan- at 24.5 per cent, 44 per cent and dia, and with many new partner- than 70 per cent.
mulating the stock on dips over in FY24), appliances (5 per sion of its manufacturing capa- 15.6 per cent respectively in H1 ships announced overseas,
Send your answers by Wednesday 6 p.m. to [email protected],
10 per cent from here. cent), surfaces and others (34 cities and the same has more FY25. Carysil is looking to grow its with your full name, postal address and phone number. A lucky winner in each
Though the long-term growth per cent). than doubled from FY20 levels. H1 FY25 also saw a good 33 market share. week will get a book sponsored by UNIFI Capital as a reward.
prospects appear interesting, Three acquisitions have been Capacity utilisation stood at 63 per cent increase in the topline Revival in the US market and
Contributed by Last week’s stock:
since it is a small-cap stock and completed in the last 36 months per cent and 90 per cent for year on year. EBITDA and PAT the traction for its kitchen appli- Procter & Gamble Health
can be volatile, investors can – two companies operating in quartz sinks and stainless-steel margin, however, dipped to 18.1 ances, faucets and other new Last week’s winner:
limit purchases to small the UK and one in the US. The sinks respectively, in H1 FY25. per cent and 8.1 per cent re- ventures will also be key monit- Harpreet Singh
quantities. acquisitions are in line with the The current phase of capex is be- spectively, mainly owing to an orables, going forward.
CM
YK ... . . . . . . ND-NDE
 6 . bl . Do The Derivatives
DELHI

businessline.portfolio
SUNDAY - JANUARY 12 - 2025

F&O Strategy

Bear it! F & O QUERY

AKHIL NALLAMUTHU
bl. research bureau
Buy Voltas put
KS Badri Narayanan

The short-term outlook for

F&O TRACKER. With bears not I’m holding one lot of January expiry Biocon the stock of Voltas
320-put option bought for ₹1.15. Should I hold or (₹1,663.50) has turned neg-
giving up, market to witness a leg of exit now? ative. Immediate support
downswing before stabilising levels are at ₹1,582
Nijenthan and ₹1,428. A close below the
latter will change even the

.GETTY IMAGES/ISTOCKPHOTO
Biocon (₹360.95): The stock has largely been long-term outlook negative
moving in a sideways trend since July last year. Except for Voltas.
for a brief fall to ₹303 in October, the price oscillates On the other hand, the
between ₹325 and ₹385. The chart shows that the nearest resistances are
price region between ₹385 and ₹395 is a resistance. at ₹1,711 and ₹1,766. A close
Last week, the stock fell off the upper end of the above the latter will recon-
range. It could see a firm the long-term uptrend.
contract is likely to drop to area While 48,000 can offer some further drop in price, F&O pointers: Voltas Jan
Akhil Nallamuthu between 23,000 and 22,900. The BRIEF SUMMARY support, given the current down- probably to the range futures, at ₹1,668.20 against
bl. research bureau region between these two levels ward momentum, we anticipate a bottom at ₹325.So, you the spot price of ₹1,663.50,
 Short build-up on index
is a good demand zone. fall towards the support band of can hold onto the signals the existence of long
futures
Nifty 50 (23,432) and Bank Nifty In case Nifty futures rallies 46,400-46,000. 320-put option. That positions despite a sharp fall
(48,734) depreciated 2.4 per cent from the current level of 23,500,  Traders can create new But if Bank Nifty futures sur- said, while a drop to ₹350 on Friday and heavy unwind-
and 4.4 per cent respectively last it will face resistance between shorts pass 50,000, it can provide some can happen soon, a ing in recent times.
week, quelling the hopes of a re- 23,850 and 24,000. For it to turn  Bank Nifty weaker than temporary relief. However, only decline below ₹320 is less
covery. Here is an analysis of de- the outlook bullish, it should Nifty 50 a decisive breakout of 51,000 can likely.
rivatives data of both indices. break out of a higher resistance turn the short-term outlook pos- In case the stock
level of 24,350. itive. For the medium-term trend declines from the
NIFTY 50 Strategy: Sell Nifty futures Nifty futures has been witness- to become bullish, the contract current level to anywhere between ₹350 and ₹335 in
Nifty futures (January) (23,501) now at 23,501 and at 23,750. ing short build-up in the last should top 54,000. about a week from now, the 320-put option’s
lost 2.5 per cent over the past Place a stop-loss at 23,925. When couple of weeks. The price of the Strategy: Sell Bank Nifty fu- premium can rise between ₹1 and ₹3. Look for a
week. The bears have been gain- the contract touches 23,250, trail January contract declined from tures now at 48,886 and on a rise target of ₹2.
ing traction in the last two weeks. the stop-loss to 23,550. Tighten 51,724 on December 27 to 48,886 to 50,000. Keep initial stop-loss
While Nifty futures dropped the stop-loss further to 23,250 on January 10. During this at 51,250. When the contract I bought United Spirits 1600-put option (Jan
from 23,993 on Dec 27 to 23,501 when the contract touches period, the cumulative OI shot touches 47,800, trail the stop- expiry) for ₹29. I’m in profit now. Will the share
f1ccf833-44c4-4575-b5cd-33fe76bd21c0

f1ccf833-44c4-4575-b5cd-33fe76bd21c0
on Jan 10, the cumulative Open 23,100. Book profits at 23,000. up from nearly 23 lakh contracts loss down to 49,800. Tighten the price fall further? Shall I hold or exit at current Open positions slipped
Interest (OI) increased from 127 Or one can buy Jan expiry to about 34 lakh contracts. stop-loss further to 48,500 when price? from 75.83 lakh shares on
lakh contracts to nearly 159 lakh 23500-put, whose premium The options, too, give a bearish the contract touches 46,900. Nelson January 3 to 72.19 lakh
contracts. This denotes that stood at ₹309 on Friday. Buy this inclination as the PCR of January Book profits at 46,400. shares on January 10. During
fresh short positions have been contract at ₹275 and on a dip to monthly options is currently at Instead, one can buy puts. Go United Spirits (₹1,539.15): The stock, which has this time, the price fell
coming in since December 27. ₹200. Keep a stop-loss at ₹125. 0.6, showing that the number of long on Jan expiry 50000-put, been in a long-term uptrend, has seen a sharp fall in from ₹1,829.25 to ₹1,668.20.
While the Put Call Ratio When the price rises to ₹380, al- call options sold is nearly double whose premium stood price in recent sessions. Although it is a counter-trend Strategy: Buy 1,660-put
(PCR) of January monthly op- ter the stop-loss to ₹275. Move that of put options. at ₹1,480.80 on Friday. Buy this trade, you have timed it on Voltas which closed with a
tions is now at 1.1, the same for the stop-loss to ₹380 when the Bank Nifty futures has now contract at ₹1,400 and on a dip to well and capitalised on the premium of ₹43.15 on Fri-
the weekly options is 0.7. A ratio premium hits ₹480. Exit at ₹580. slipped below a support of ₹950. Keep a stop-loss at ₹500. fall by buying a put option. day. As the market lot is 300
less than 1 is because of a higher 50,000, which only strenghtens When the price rises to ₹2,500, That said, from the shares per contract, the
number of call option selling, BANK NIFTY bearishness. Although it may see alter the stop-loss to ₹1,200. current level, the stock of strategy would cost ₹12,945,
which is a bearish indication. Bank Nifty futures (January) a minor rally to 50,000, it will Raise the stop-loss to ₹2,000 United Spirits has a key which would be the max-
The chart of Nifty futures, too, (48,886) slipped 4.6 per cent last eventually resume the when the premium hits ₹3,000. support at ₹1,525. The imum loss. Traders will face
is bearish. In the near term, the week. Like in Nifty futures, Bank downtrend. Book profits at ₹3,500. 50-day moving average and maximum loss if Voltas holds
a trendline coincide at this above ₹1,660 on expiry. The
price level, making it a break-even point
strong base. Also, as is ₹1,616.85.

Rolling a diagonal spread mentioned above, the broader trend is bullish. So, the
support at ₹1,525 could trigger an upmove.
We suggest exiting the 1600-put option with a
profit, whose premium is currently at ₹70.60.
Initial stop-loss can be
placed at ₹38. Shift stop-loss
to ₹43 when the premium
rises above ₹47. Book profits
at ₹58. If the stock opens
MASTERING DERIVATIVES. Depending on distance between strikes, position can be long vega/delta Send your queries to [email protected]. sharply lower, traders can
stay away from this strategy.
option expires worthless, and We suggest holding the posi-
Venkatesh Bangaruswamy you believe that the Nifty Index tion for at least two weeks.
Previously in this column, we
will continue to remain range-
bound for another week. You can
Change in Open Interest (OI) Follow-up: Contrary to
our expectations, Adani En-
discussed the diagonal spread. initiate a new short position on, FII Retail
ergy Solutions tumbled
This position involves going long say, January 23 24100 call; you Scrip Weekly Weekly sharply last week.
As on As on
a longer expiry contract and will carry your long January 30 Jan 10
change
Jan 10
change
% %
GETTY IMAGES/ISTOCKPHOTO

short a shorter expiry contract of 24300 strike, as you believe that Note: The recommendations are based
a different strike. the option will become ITM be- Future Index Long 64563 7 519826 12
on technical analysis and F&O
A diagonal spread is a calendar fore its expiry. Future Index Short 342373 18 205748 -3 positions. There is a risk of loss in
spread with different strikes. When the long strike nears ex- trading
Net Futures -277810 21 314078 25
This week, we look at how to con- piry, you could close the position
tinually roll a diagonal spread, and create a new diagonal Index Call options Long 1028141 8 4958128 30
and the similarity the spread has spread- long the next near- Index Call options Short 1042729 13 4586620 16 Short Take
with a covered call. month contract and short the
Net Call options -14588 -143 371508 -390

ROLLING THE STRIKES stock to minimize the need to

next near-week contract.
Index Put options Long 1328826 8 2737500 4 Understanding
A diagonal spread is set up when
you expect the underlying to re-
WHY DO IT frequently adjust the position.
For instance, you could use the
OPTIONAL READING
Depending on the distance
Index Put options Short 1011454 16 3448562 -1 futures rollover
A diagonal spread is set Net Put Options 317372 -11 -711062 -18
main range-bound during the ATM near-month Nifty calls and between strikes, the position can
up when you expect the bl. research bureau
short term and thereafter move OTM near-week calls to setup a be long vega and delta. This is be- FIIs have increased net short on index futures. Also, they've turned net short on index call
up. It would be typical to go long underlying to remain diagonal spread, and the roll the cause longer-dated OTM strikes options over the last week. Overall, they show bearish inclination.
range-bound during the Rollover in futures means
on the next-week (or later ex- short calls till a week before the typically have greater vega and closing out the nearest ex-
piry) Nifty call and short on the short term and thereafter expiry of the long call. delta than shorter-dated options
move up Stocks that witnessed major change in OI piry contract and initiating a
near-week Nifty call. Now, consider the second of the same or near-same strikes. similar position in the next
But what if you want to con- reason for the roll. Suppose you Note that a diagonal spread Weekly
OI
Weekly
month contract. Traders opt
tinually roll a diagonal spread? derlying and short an out-of-the- go long January 30 24300 call and can also be ratioed; the position Company Price (~) price OI
(in lakh)
change % change % to rollover if they expect the
You can roll your spread for two money (OTM) call. short January 16 24000 call. De- can be setup long one near- existing trend, whether
reasons. One, when you want to The strategy involves locking- pending on the strikes you month contract and short two RISE (as on Jan 10)
bullish or bearish, to con-
use the diagonal spread as a sub- up large capital because you must choose, the spread can be setup near-week contracts. The posi- SHRIRAMFIN 532.00 -12.7 476.0 435.9
tinue. This is commonly
stitute for a covered call strategy. hold the shares in multiple of the for a net credit or a net debit. The tion will suffer losses if the un- KALYANKJIL 626.75 -19.4 507.3 216.9 done on the expiry day.
And two, when your view on the permitted lot size for this position will make handsome derlying rises sharply before the Rollover percentage is calcu-
TATAELXSI 6,000.60 -9.7 39.9 152.8
underlying’s range-bound move- strategy to work. What if you gains when the near-week strike expiry of the short-dated strike. lated by adding the mid and
ment extends beyond the cur- want to create a similar position expires worthless, and the UNIONBANK 103.62 -16.5 1221.6 103.2
far month outstanding open
rent week. without holding the shares? You longer-dated call becomes in- The author offers training programmes for CESC 162.42 -12.6 436.2 80.1 interests, dividing it by the
Consider the covered call, can use a longer-dated at-the- the-money (ITM). individuals to manage their personal
FALL (as on Jan 10) sum of current, mid, and far
which involves going long the un- money (ATM) call instead of a Suppose the 24000 January 16 investments
month outstanding open in-
MANAPPURAM 180.32 -3.9 909.2 -16.8
EICHERMOT 5,058.45 -4.8 81.1 -13.0
terests and multiplying by
100.

Gradual uptick ahead Testing a key barrier RBLBANK

MUTHOOTFIN
MARUTI
154.21
2,136.55
11,631.10
-5.3
-4.5
-2.5
1095.9
55.6
78.0
-12.8
-11.9
-9.0

BULLION CUES. Participants can consider longs CRUDE CHECK. Traders can buy on a breakout
Stocks in F&O ban (for trade on Jan 13)
Akhil Nallamuthu Akhil Nallamuthu BANDHANBNK HINDCOPPER LTF
bl. research bureau bl. research bureau MANAPPURAM RBLBANK

Gold ($2,690/ounce) and silver Last week’s rally gave crude oil For instance, you hold a
($30.4/ounce) extended the up- the third consecutive weekly Change in OI and market positioning long position in January ex-
side last week by posting a gain of gain. The Brent crude oil futures piry Nifty 50 futures and on
1.9 per cent and 2.7 per cent on the Intercontinental Ex- Expiry Price (~) OI expiry day (on January 30)
Symbol date Indication
respectively. change (ICE) ($79.8/barrel) ap- (2025) (Weekly change %) you expect the futures to
In the domestic market, gold preciated 4.3 per cent. The crude rally further. To capitalise on
futures (₹78,423/10 gm) was up oil futures on the MCX (₹6,516/ COMMODITIES (as on Jan 10) this, you can liquidate the
1.4 per cent and silver futures barrel) was up 2.9 per cent. ALUMINIUM 31-Jan 245.05 (2.9) 2796 (-25) Short covering current month contract,
(₹92,506/kg) shot up 3.7 per COPPER 31-Jan 826 (3.2) 5319 (-42) Short covering which is the January series,
cent. BRENT FUTURES ($79.8) CRUDEOIL 19-Feb 6516 (2.9) 3666 (441) Long build-up
and create a fresh long posi-
MCX-SILVER (₹92,506) Brent crude oil futures, which Thursday. But on Friday it broke tion in February or even
MCX-GOLD (₹78,423) Silver futures (March) broke out was largely tracing a sideways out of the range and marked a CRUDEOILM 19-Feb 6517 (2.9) 4155 (59) Long build-up March series depending
Gold futures (February) ad- of the resistance at ₹90,200 last trend until Thursday, rose signi- high of ₹6,632 before wrapping GOLD 05-Feb 78423 (1.4) 11177 (-11) Short covering upon your expectations and
vanced further on the positive week and the price is now above ficantly on Friday, taking it to the up the week at ₹6,516. GOLDGUINEA 31-Jan 63275 (1.3) 3280 (-43) Short covering the liquidity.
momentum and moved above a both 20 and 50-day moving aver- critical level of $80. After mark- That said, the contract might Similarly, if you have short
GOLDM 05-Feb 78398 (1.4) 18581 (-4) Short covering
trendline resistance, confirming ages. But there is a resistance ing a weekly high of $80.75, the see a price correction before the and you forecast the contract
a triangle pattern. Although the ahead at ₹93,600. contract ended marginally lower next leg up as ₹6,650 can be a GOLDPETAL 31-Jan 7793 (0.9) 56762 (-23) Short covering to weaken further, you can
breakout is not solid, the price This barrier is not likely to end at $79.80. hurdle. The dip might take crude LEAD 31-Jan 178.05 (0.8) 982 (-15) Short covering exit from current month
action remains positive. the rally. Rather, it might lead to a It is true that the upward mo- oil futures to ₹6,350-6,400 price MENTHAOIL 31-Jan 944.2 (0.4) 472 (3) Long build-up contract and enter next
In the near term, gold futures minor correction to ₹91,000 mentum is strong. However, on band. Post this, a rally might be- month contract. For traders,
NATURALGAS 28-Jan 342.7 (18.3) 14409 (-11) Short covering
is likely to appreciate to ₹80,200. from where the next leg of the back of the resistance at $80, gin which can take it to ₹7,000 or rollover percentage is im-
A breach of this can lift it to uptrend can begin. there is a chance for a drop in even to ₹7,500. SILVER 05-Mar 92506 (3.7) 20689 (-34) Short covering portant as it can give a good
₹81,000. But if the contract drops Notable support levels are at price before the next upswing. But if the contract slips below SILVERM 28-Feb 92492 (3.6) 31767 (-30) Short covering idea about the strength of
from the current level, it can find ₹90,200; ₹86,800 and ₹85,000. Such a correction can drag the ₹6,200, the near-term outlook SILVERMIC 28-Feb 92478 (3.5) 106078 (-31) Short covering
the prevailing trend. If the
support at ₹78,000 and ₹77,200. The silver futures shows po- contract to $77.50. can turn bearish. Supports below rollover from the previous
Until the support at ₹75,000 tential to touch ₹96,500 soon. A In case the breakout of $80 oc- ₹6,200 are at ₹6,000 and ₹5,850. ZINC 31-Jan 273.05 (-0.1) 2768 (-19) Long unwinding month to the current month
holds, the bias will be bullish. breach of this can take the price curs, the contract can quickly Trade strategy: Buy crude oil CURRENCIES (as on Jan 10) is 70 per cent and the
Trade strategy: Last week, higher to ₹1,02,500. rally to $90. futures with a stop-loss at ₹6,250 USDINR 29-Jan 86.16 (0.2) 3391863 (6) Long build-up rollover from the current
we suggested going long Trade strategy: Go long on if it breaks out of ₹6,650. When EURINR 29-Jan 106.01 (-0.8) 24412 (47) Short build-up
month to next month goes
at ₹76,800. Retain this trade but silver futures if the price dips MCX-CRUDE OIL (₹6,516) the contract touches ₹7,200, re- up to 80 per cent, and the fu-
revise the stop-loss from ₹75,000 to ₹91,000. Target and stop-loss The February crude oil futures vise the stop-loss upwards to GBPINR 29-Jan 88.82 (0.3) 20313 (15) Long build-up tures price has been steadily
to ₹76,800. Book profits at can be ₹96,500 and ₹88,500 was broadly oscillating between ₹6,900. Liquidate the longs at JPYINR 29-Jan 54.62 (-0.3) 2353 (31) Short build-up increasing — this is a bullish
₹80,000. respectively. ₹6,270 and ₹6,400 until ₹7,500. indication.
CM
YK . . . . . . . . ND-NDE
 Chart-Gazing . bl . 7
DELHI

businessline.portfolio
SUNDAY - JANUARY 12 - 2025

Fall nearing
Gurumurthy K
bl. research bureau
TECH QUERY
The Indian benchmark indices, GURUMURTHY K

long-term
the Sensex, Nifty 50 and Nifty bl.research bureau
Bank were beaten down last
week. Sensex and Nifty were
down over 2 per cent each. The I am holding the shares of Rane Brake Lining
Nifty Bank index on the other bought at ₹1,220. What is the outlook? Should I
hand tumbled over 4 per cent.
Among the sectors, the BSE
IT, up 1 per cent, was the only
sector that was in the green last
week. The BSE Power index fell
support continue to hold or exit?

Rane Brake Lining

(₹893): The stock is in a
Swetha, Patna

the most. It was down 8.73 per downtrend. There is room

cent. The BSE Realty and BSE for the stock to see
PSU indices were down over 7 ₹800-₹750 in this quarter.
per cent each. INDEX OUTLOOK: More fall of But from a long-term
perspective, the chances
FPIS SELL-OFF Sensex, Nifty 50 from here will give are high to see a bullish

GETTY IMAGES/ISTOCKPHOTO
Strong sell-off from the Foreign reversal from the
Portfolio Investors (FPIs)
a very good buying opportunity ₹800-₹750 region. That leg
weighed on the Indian equity of rally will indicate a trend reversal. It will also have the
markets last week. The FPIs potential to take Rane Brake Lining share price up to
sold about $2.08 billion in the ₹1,350-₹1,450 or even ₹1,600 by the first half next year.
equity segment last week. For If you can hold the stock for the long-term, then buy
the month of January, the equity more at ₹820 and ₹770. Keep the stop-loss at ₹710.
segment has seen a net outflow line with our expectation. Dow Revise the stop-loss up to ₹920 when the price goes up
of about $2.58 billion so far. Fur- LONG-TERM Jones fell to a low of 41,877.30 to ₹1,170. Move the stop-loss further up to ₹1,230 when
ther selling from the FPIs can SUPPORTS on Friday before closing the the price touches ₹1,310. Exit the stock at ₹1,440.
drag the Sensex and Nifty more  Nifty 50: 23,000-22,500 week at 41,938.45, down 1.86
lower from here in the coming per cent. I have bought shares of Colgate-Palmolive at
days.  Sensex: 75,500-75,350 Outlook: The broader trend ₹2,480. What is the technical outlook for the stock?
 Nifty Bank: remains down. Immediate res- Immanuel, Kochi
NIFTY 50 (23,431.50) 47,000-46,800 istance will be in the 42,300-
Nifty fell breaking below the key 42,400 region. The Dow Jones Colgate- Palmolive (₹
support level of 23,500. The in- can fall to 41,500-41,300 this 2,831.45): The share price
dex touched a low of 23,344.35 The index has closed the week at week. After this fall, there are peaked at ₹3,893 in
f1ccf833-44c4-4575-b5cd-33fe76bd21c0

f1ccf833-44c4-4575-b5cd-33fe76bd21c0
before closing the week at 77,378.91, down 2.33 per cent. good chances to see a bounce- October last year and has
23,431.50, down 2.39 per cent. Short-term view: The out- back towards 42,000-42,500. declined sharply. Ideally
Short-term view: The out- look is negative. Resistances are The price action after this you should have had proper
look is bearish. Resistances are at 78,000 and then in the 78,500- bounce-back move will need a stop-loss strategy and
at 23,500 and then at 23,750- 79,000 region. Sensex can fall to close watch to see if the rise is exited by this time now
23,800. Nifty can fall to 23,200 76,000 in the short term. A break extending towards 43,000 and booking some profit.
immediately. A corrective below 76,000 can see an exten- higher. Supports at ₹2,600 and
bounce thereafter to 23,400- ded fall to 75,500. A fall beyond Failure to sustain the bounce ₹2,430 can be tested now. A rise to ₹3,000 is a possibility
23,500 is a possibility. There- 75,500 is less likely. and a reversal again will be quite from ₹2,430. But that may or may not be a strong rise.
after the index can turn down After this fall we can expect bearish. That will keep alive the Either you exit the stock now or keep a stop-loss at
again and fall below 23,200 tar- the Sensex to reverse higher and danger of the Dow Jones tum- ₹2,640 and hold it. If you decide to hold the stock, then
geting 23,000 on the downside. to 28,000-28,500 this year. pressure. If that happens, the rise towards 78,000-79,000 bling towards 39,000-38,000 go- exit around ₹3,150. As a discipline have proper risk
Nifty has to rise above 23,800 As such, a fall to 22,500 is go- Nifty Bank index can tumble to again. ing forward. management strategy in place whenever you enter the
to ease the downside pressure. ing to give us a very good long- 47,000-46,800 in the short term. Medium-term view: The re- From a big picture, the Dow stock. This will help in coming out of a position at the
Only then the upside will open term buying opportunity. So, as From a big picture, Nifty Bank gion between 75,500 and 75,350 Jones will have to get a sus- right time if there is a sudden volatility or a reversal.
for a test of 24,100. However, the Nifty falls below 23,000 one index will now have to break the is a strong support zone for the tained rise above 43,500 to in-
the index has to surpass 24,100 has to start looking at the mar- 50,000-50,500 resistance zone Sensex. We can expect the cur- dicate a trend reversal. Only I have bought Union Bank of India shares at ₹137. I
in order to turn the short-term ket from the buy side rather to turn the sentiment positive. rent fall to halt in this support then the bullish view will come am a long-term investor. Can I accumulate at
outlook bullish. than getting more panic. Medium-term outlook: Our zone. A fresh rise from around back into the picture. current levels?
Medium-term view: The view of the Nifty Bank index to 75,500-75,350 can reverse the For now, we will brace for a Debraj Sengupta
downside is open to see 22,500 NIFTY BANK (48,734.15) sustain above 49,000 has gone downtrend. From a long-term fall to 41,500-41,300 and then
or even 22,000 (in a worst case Contrary to our expectation, the wrong. Now, it looks like the perspective, this rally will have look for a bounce towards Union Bank of India
scenario). But the region around Nifty Bank index has broken its downside is open to see 47,000- the potential to take the Sensex 42,000-42,500. (₹103.60): The stock has
22,500 is a very strong long- 49,650-54,470 range on the 46,800 as long as the index stays up towards 90,000 and higher been in a downtrend since
term support. So, we expect the downside. The index has closed below 50,000. We will have to this year. June last year. The sharp fall
current fall to halt around the week at 48,734.15, down wait and see if the index is man- So, the fall to 75,500 will be a below ₹117 last week has
22,500. 4.42 per cent. aging to bounce back from the very good buying opportunity intensified the selling
A fresh rally from around Short-term view: Immedi- 47,000-46,800 support zone or from a long-term perspective. pressure. The stock can fall
22,500 will have the potential to ate supports are at 48,500 and not. further to ₹94 or even ₹89
breach 24,000. That can take the 47,950 which can be tested this DOW JONES (41,938.45) in the coming weeks. But
index up to 25,000-26,000 ini- week. A bounce from either of SENSEX (77,378.91) The Dow Jones Industrial Aver- thereafter a reversal is
tially. From a long-term per- these two supports can give the Sensex has declined below age continues to trade under possible. From a long-term perspective, that leg of rally
spective, the new leg of upmove index a relief rally to 49,800- the key support level of 78,000. pressure. The resistance at can take Union Bank of India share price up to ₹250
from around 22,500 will have 50,000. But, a break below It touched a low of 77,099.55 and 43,000 has held very well and the over the next couple of years, with intermediate
the potential to take the Nifty up 47,950 will increase the selling has bounced slightly from there. fall to 42,000 has happened in corrections. Since you are a long-term investor, buy
more at ₹98 and ₹91. Keep the stop-loss at ₹71. Move
the stop-loss up to ₹110 when the price goes up to ₹142.
Move the stop-loss further up to ₹160 when the price
touches ₹195. Exit the stock at ₹230.
MOVERS & SHAKERS
AKHIL NALLAMUTHU bl. research bureau
Dollar rally can pause I have shares of SpiceJet purchased at ₹62.25. What
is the outlook?
Bhaskara Murthy
CURRENCY OUTLOOK. Resistance can trigger a correction
SpiceJet (₹50): The stock
Bharti Airtel (₹1,615.10) is facing strong resistance
Gurumurthy K in the ₹75-₹80 region. The
About to break out
bl. research bureau price action on the chart
Bharti Airtel’s stock has been trading in indicates that the bias is
a narrow range for nearly a month. It The dollar index witnessed a negative. Immediate
has been oscillating between ₹1,570 strong recovery from its low support is at ₹49. A break
and ₹1,625. Nevertheless, the broader last week. The index touched below it can drag the share
trend is bullish and the stock retains a low of 107.75 early in the price down to ₹40 initially.
the positive outlook despite some week and rose sharply from A further break below ₹40
weakness seen since October last year. there to close the week at can see the stock tumbling towards ₹25-₹20 in the
We anticipate a breakout of ₹1,625 109.65. On Friday, the US coming months. To avoid this fall, the stock has to see a
soon, which can bring back the bullish jobs data gave the greenback bounce immediately. Also to turn the outlook bullish,
momentum. In such a case, the price an additional boost to rise. the share price has to go above ₹80. But on the charts,
can rise to ₹1,770 in the near-term. So, we suggest buying the the possibility is looking high for a fall breaking below
shares of Bharti Airtel now at ₹1,615 and accumulate if the price STRONG JOB NUMBERS ₹49. So, it is better to exit the stock and accept the loss.
dips to ₹1,570. Place initial stop-loss at ₹1,500. When the stock The US added 256,000 jobs It will not be worth the wait with just a hope for the
rises to ₹1,680, raise the stop-loss to ₹1,600. Trail the stop-loss up to its nonfarm payroll in share price to see a revival.
to ₹1,680 when the price touches ₹1,720. Exit at ₹1,770. December. This was much
higher than the market ex- Send your queries to [email protected]
pectation for an addition of GETTY IMAGES/ISTOCKPHOTO

155,000 jobs. The unemploy-

ment rate fell to 4.1 per cent can take it down to 4.65-4.6
Dabur India (₹517.80) in December from 4.2 per MORE per cent in the short term.
Hovering around a strong base cent in November. WEAKNESS After this fall, the yield can BANDU’S BLOCKBUSTERS.
Strong jobs data rise back again towards 4.8
The Indian rupee has
The stock of Dabur India slumped strengthened the case for the per cent. On April 1, four years back, piqued by the incessant jokes in the
US Federal Reserve to delay resistance now at On the other hand, if the
between September and village at his expense, Bandu Barve decided he’d had enough. It was
the rate cuts going forward. 85.80 and can fall to US 10Yr yield breaks above
mid-November last year. The price time for him to turn ‘smart’. His dead granny’s voice rang in his ears
tumbled from about ₹670 to ₹500. But That took the US Treasury 86.40-86.50 4.8 per cent it can surge to- — “Read the papers, Bandya, they tell you all.” So, off went Bandu to
then, it stabilised and started to chart a yields sharply higher on Fri- wards 5 per cent in the com- the stash of newspapers on his father’s desk. As luck would have it,
sideways trend between ₹500 and ₹530. day and aided the dollar in- ing weeks. the first paper Bandu got his hands on was The Hindu businessline.
Notably, ₹500 is a long-term support, dex also to go up. The US the dollar index up to 112. The stock recos, in particular, had him in thrall. Soon Bandu
which has been in place since 2021. So, 10Yr Treasury yield surged From a long-term per- MORE FALL metamorphosed into an ace investor and trader.
bulls might capitalise on this and are to a high of 4.78 per cent be- spective, we see the upside The Indian Rupee (USDINR:
expected to lift the stock above ₹530 fore closing the week at 4.76 open for the dollar index to 85.97) fell and closed around
These days, Bandu picks five Last week’s prize
soon and take it to ₹600. The uptrend might even extend to ₹650. per cent. target 118-119 in the next a new low of 85.97 last week. winner
So, participants can go long on Dabur India at ₹515 with a stop-loss couple of quarters. Indeed, in the offshore seg- stocks each Sunday, which he
Palak Sangoi
at ₹480. When the price goes up to ₹550, revise the stop-loss to INFLATION WATCH ment the domestic currency believes will be blockbusters
₹520. Tighten the stop-loss to ₹550 when the stock hits ₹575. Under this backdrop, the US STRONG DOWNTREND has declined below the psy- over the next week Last week’s winning
Liquidate the longs at ₹600. Consumer Price Index (CPI) The euro (EURUSD: 1.0244) chological level of 86. The 1 LTIMindtree stock
data to be released on Wed- continues to fall in line with sharp rise in the US yields Bata India
B ANDU’S PICKS

nesday is going to be very im- our expectation. The cur- and the dollar index after the
portant. If the data show an rency has declined well be- jobs data release on Friday 2 Anand Rathi
Closing price
uptick, then it will increase low the key support level of has triggered this fall. The Wealth
(Jan 3)
Schaeffler India (₹3,324.65) the room for the talks about 1.03. It has room to touch rupee closed at 86.17 in the ₹1,461.05
Trades at a demand zone rate hikes rather than rate 1.02-1.0140 on the downside offshore segment. That 3 UNO Minda
cuts. That will further push in the short term. leaves the chances high for a Closing price
The stock of Schaeffler India has been the yields higher and in turn After this fall, a corrective wide gap-down open in the 4 HCL (Jan 10)
₹1,426.35
in a downtrend since June last year take the dollar index also up. bounce 1.0250-1.03 is a onshore segment on Technologies
after encountering a resistance at possibility. Monday.
₹4,950. Since then, it has lost over 30 RESISTANCE AHEAD But from the big picture, The outlook remains bear- Return:
per cent. However, the contract is now The dollar index (109.65) is we see the euro heading ish for the rupee. Resistance 5 Infosys
-2.38 per cent
near a support. The price band of coming close to a key resist- down towards parity in the is now at 85.80. Rupee can
₹3,200-3,300 is a good demand zone. ance at 110.50. We can ex- coming weeks. The currency fall to 86.40-86.50 in the
We expect the stock to recover on the pect this resistance to hold can fall to 0.98 and even coming weeks. A strong rise Here's your chance to match step with
back of this price region. Over the next on its first test. As such a cor- lower in the coming months. above 85.80 is needed to see Bandu. Guess the stock that will give the best
few months, the price might gradually rective fall from 110.50 to a recovery towards 85.60- return by next Friday (BSE prices). By
appreciate to ₹4,200. Note that, on its way up, there might be 109-108 is a possibility. CRUCIAL HURDLE 85.50 again. But that looks Wednesday noon, mail us your pick and its
minor corrections due to the presence of resistances at ₹3,700 and However, after this cor- The US 10Yr Treasury yield less likely. expected price rise to
₹3,830. Buy at ₹3,325 and on a dip to ₹3,250. Stop-loss can be at rective fall, the uptrend can (4.76 per cent) has a crucial From a big picture, the ru- [email protected] with
₹3,150. When the price hits ₹3,700, revise the stop-loss to ₹3,400. resume. An eventual break resistance at 4.8 per cent. pee can fall to 87.20 in the your name, mobile number and address. Scan to know the winner
On a rally to ₹3,830, alter the stop-loss to ₹3,650. Exit at ₹4,200. above 110.50 can then take Failure to breach this hurdle coming months. One lucky winner will get a prize of ₹2,000. selection process

CM
YK ... . . . . . . ND-NDE
 8 . bl . Take 500
DELHI

businessline.portfolio
SUNDAY - JANUARY 12 - 2025

Valuation Radar: The Good, The Bad, The Ugly

Capital Consumer
Nifty 50 Sensex Auto Bankex Goods Durables FMCG Healthcare IT Metal Oil & Gas Power PSU Realty Teck
The Benchmark indices, Sensex
and Nifty 50 were down 2.3 and P/E 21.6 22.5 23.2 13.2 45.2 94.0 43.6 45.3 33.8 14.8 12.5 28.1 11.8 58.8 37.5
2.4 per cent respectively last
P/BV 3.5 4.0 6.0 2.4 8.2 16.9 9.5 6.6 9.0 2.2 1.6 3.9 2.0 6.3 8.9
week. BSE IT gained the most by
1 per cent followed by BSE Teck Dividend Yield 1.3 1.2 0.8 0.9 0.6 0.3 1.7 0.5 1.6 3.3 3.5 1.5 2.7 0.3 1.4
0.7 per cent. BSE Power and BSE Weekly Return (%) -2.4 왔 -2.3 왔 -4.0 왔 -4.5 왔 -5.8 왔 -5.9 왔 -1.7 왔 -3.6 왔 1.0 왖 -5.2 왔 -3.2 왔 -8.7 왔 -7.0 왔 -7.2 왔 0.7 왖
Realty declined by 8.7 and 7.2 per
Monthly Return (%) -4.8 왔 -5.1 왔 -3.3 왔 -9.3 왔 -12.4 왔 -5.7 왔 -0.3 왔 -1.3 왔 -1.9 왔 -13.4 왔 -4.5 왔 -15.6 왔 -12.7 왔 -10.8 왔 -1.6 왔
cent respectively last week.
Annual Return (%) 8.4 왖 8.0 왖 23.4 왖 3.6 왖 13.4 왖 23.3 왖 2.2 왖 33.8 왖 24.4 왖 4.9 왖 10.1 왖 5.7 왖 13.9 왖 10.9 왖 25.6 왖
The sector indices are disseminated by S&P BSE.

Company CMP EPS PE PB Year End Sales Profit Sales Profit Wkly ROCE DER Yr.High Yr.Low Company CMP EPS PE PB Year End Sales Profit Sales Profit Wkly ROCE DER Yr.High Yr.Low
Qty Qty TTM TTM Rtn Qty Qty TTM TTM Rtn

Takeaways from Take 500

360 ONE [1] 1129.1 25.4 44.5 7.1 202409 56.9 32.0 47.7 41.5 -12.9 14.5 2.5 1317.3 591.6 Metro Brands [5] 1255.5 15.2 82.5 17.3 202409 5.4 4.3 4.3 21.9 -1.0 19.8 0.6 1430.1 992.7
3M India 29655.8 542.7 54.6 15.6 202406 -0.3 21.6 3.0 23.3 -3.4 39.8 0.0 41000.0 28424.0 Metropolis Healt [2] 1950.9 28.9 67.6 8.5 202409 13.4 31.2 11.4 11.0 -2.1 15.7 0.2 2306.9 1450.1
Wondering how to choose stocks for your Sales (TTM) and Profit (TTM) make Minda Corp [2] 527.2 10.9 48.1 6.0 202409 7.9 26.5 10.2 -5.9 3.9 14.9 0.4 652.9 367.0
A ......................................................................................................................................................................................................
the same comparisons for the trailing Mishra Dhatu Nig 319.3 4.7 68.0 4.4 202409 15.0 69.1 7.7 -36.0 -8.6 7.0 0.4 547.5 305.0
A B B [2] 6406.3 79.7 80.4 21.4 202409 5.0 21.7 14.4 39.6 -5.7 30.4 0.0 9200.0 4342.2 portfolio from the dozens which are listed? MMTC [1] 70.2 1.4 49.7 6.1 202409 -100.7 -58.9 -99.8 56.9 -5.7 9.0 0.1 131.9 62.2
A B Real Estate 2081.2 25.1 83.1 5.7 202409 31.5 51.9 24.1 118.1 -12.8 7.8 0.5 3142.0 1284.2 Or how to keep track of the ones you own? twelve months. Motherson Wiring [1]
Motil.Oswal.Fin. [1]
56.2
875.8 56.5
1.5 37.6
15.5
15.4
4.7
202409 10.8
202409 72.1
-2.4
110.9
17.8
73.8
26.1
133.6
-5.5
-9.7
46.8
20.7
0.2 80.0
1.6 1063.4 325.8
56.0
Aadhar Hsg. Fin. 423.0 19.4 21.9 3.1 202409 21.6 15.3 27.5 34.8 -1.1 11.4 3.2 516.7 293.4
Aarti Industries [5] 421.5 12.2 34.5 2.8 202409 12.0 -45.1 12.9 -0.8 0.3 7.3 0.6 769.5 390.3 Well, the listings on this page help you sift Wkly Rtn (Weekly Return) gives the Mphasis 2915.1 84.1 34.7 6.4 202409 7.9 8.0 2.3 -0.7 1.6 22.0 0.1 3239.6 2180.1
AAVAS Financiers 1667.8 62.0 26.9 3.5 202403 21.4 12.3 25.4 14.2 -1.9 9.9 3.2 1978.3 1307.1 MRF 117094.7 4592.0 25.5 2.8 202409 10.7 -19.8 10.1 15.2 -7.4 16.5 0.2 151283.4116414.9
Abbott India 28791.2 604.6 47.6 17.4 202409 9.3 14.6 7.6 18.8 -2.3 44.7 0.0 30683.424510.2 through the leading companies on their change in the price of a stock in the last Multi Comm. Exc. 5628.0 68.1 82.7 18.1 202409 73.0 705.6 51.8 674.2 -8.6 4.7 0.0 7046.7 2917.0
ACC 1931.4 98.6 19.6 2.2 202409 4.0 -42.4 5.9 41.4 -6.0 18.6 0.0 2843.0 1867.2 fundamentals and keep an eagle eye on one week. Muthoot Finance 2134.8 116.5 18.3 3.2 202409 36.7 20.0 30.1 17.5 -4.7 13.4 2.7 2270.7 1262.3
Action Const.Eq. [2] 1341.9 30.7 43.7 11.6 202409 12.4 28.2 23.4 55.2 -11.6 42.2 0.0 1693.1 855.0
Adani Energy Sol 729.7 15.9 46.0 4.2 202409 68.3 144.7 49.1 44.9 -11.0 9.2 2.9 1347.9 588.3 their financial performance. Here’s a short ROCE (Return on Capital Employed) N .....................................................................................................................................................................................................

Adani Enterp. [1]

Adani Green
2374.0 49.8 47.7
943.1 8.6 109.5
5.9
14.1
202409
202409
15.7
37.6
543.3
-4.2
4.7
18.6
110.3
-6.5
-7.4
-9.2
8.9
10.0
1.6 3743.0 2030.0
7.0 2173.7 870.9
guide to interpreting the numbers: tells you what returns a business is gener- Narayana Hrudaya
Natco Pharma [2]
1311.9 38.1 34.4
1235.5 108.6 11.4
8.4
3.1
202409 7.3
202409 32.9
-12.3
83.6
6.9
28.0
5.6
72.5
0.1
-9.6
25.0
29.6
0.5
0.1
1445.1
1638.4
1087.8
804.7
Adani Ports [2] 1112.1 47.6 23.3 4.2 202409 6.3 42.2 18.6 37.7 -7.3 12.0 1.0 1608.0 993.9 CMP (Current Market Price) is the ating on the capital it uses. Natl. Aluminium [5] 202.3 15.2 13.3 2.4 202409 31.5 458.3 4.5 119.0 -2.7 15.8 0.0 263.1 121.7
Adani Power 481.9 33.0 14.6 3.3 202409 2.7 -49.5 30.1 -38.3 -7.4 30.1 1.0 896.8 430.9 Navin Fluo.Intl. [2] 3629.3 43.7 83.1 7.3 202409 9.9 -2.9 -3.6 -40.7 8.1 10.3 0.5 3974.2 2876.5
Adani Total Gas [1] 679.8 6.4 106.5 19.1 202409 11.2 7.5 7.2 22.9 -6.5 21.1 0.5 1198.0 550.3 closing price of a stock on BSE on its last DER (Debt Equity Ratio), which divides NBCC [1] 84.5 2.1 40.9 9.8 202409 19.4 -1.3 23.9 34.1 -8.8 30.9 0.0 139.8 56.4
Adani Wilmar [1]
Aditya AMC [5]
291.6 7.6 38.6
781.1 31.1 25.2
4.2
6.9
202409
202409
17.9
26.6
301.4
36.1
0.3
20.7
435.5
34.8
-11.2
-5.0
9.2
34.9
0.3 408.7 279.2
0.0 912.0 450.0
traded day, usually Friday. a company’s total loans by shareholder NCC [2]
Nestle India [1]
251.1 13.6 18.5
2245.9 32.9 68.2
2.3
54.3
202409 10.1
202409 1.3
110.7
-7.4
25.1
5.5
40.0
9.8
-9.3
0.6
22.2
69.2
0.2
0.1
364.5
2777.0
186.0
2146.5
Aditya Bir. Fas. 274.3 -6.3 7.2 202409 12.9 -216.6 13.6 -37.8 -2.2 0.0 2.2 364.5 198.5 EPS (Earnings per Share) is the net funds, indicates how indebted a company Netwrk.18 Media [5] 63.1 -2.4 0.6 202409 -2.2 -215.4 8.5 -125.7 -13.4 -0.4 0.9 136.2 62.6
Aditya Birla Cap 167.6 14.2 11.8 1.5 202409 35.7 43.0 30.8 39.7 -9.1 10.1 4.1 247.0 160.7 New India Assura [5] 188.7 8.3 22.8 1.0 202409 3.9 -49.1 9.4 43.8 -7.9 0.4 0.0 324.0 169.0
Aegis Logistics [1] 830.9 16.6 49.9 7.1 202409 41.8 -0.8 -6.8 14.7 2.5 16.1 0.6 1035.7 354.2 profit that the company has earned in the is. Newgen Software 1628.3 20.8 78.4 17.6 202409 23.2 47.2 24.4 42.0 -3.7 25.9 0.0 1754.6 626.1
Aether Industri. 862.6 7.0 123.5 5.4 202409 21.1 1.4 -3.6 -33.4 -4.8 7.5 0.1 1066.3 775.0 latest financial period, on each outstand- ROCE and DER give you the latest avail- NHPC Ltd 76.7 3.0 25.9 1.9 202409 4.1 -41.2 -5.9 -23.8 -7.7 7.4 0.8 118.5 68.5
Affle India [2] 1600.8 24.4 65.6 8.3 202409 25.9 37.8 31.7 29.7 -9.9 15.8 0.1 1883.1 998.0 Nippon Life Ind. 666.8 20.8 32.0 10.4 202409 43.7 47.3 35.4 49.4 -12.0 36.2 0.0 816.1 430.1
AIA Engineering [2] 3360.8 118.7 28.3 5.0 202409 -15.6 -5.7 -8.2 -1.6 -0.6 22.8 0.1 4940.0 3282.2 ing share. Here, we capture each com- able year-end numbers for the company. NLC India 240.2 13.2 18.1 1.9 202409 22.8 -15.9 -9.1 -4.4 -1.2 6.1 1.4 311.7 193.0
Ajanta Pharma [2]
Akzo Nobel
2835.7 70.0 40.5
3735.4 95.5 39.1
9.6
11.9
202409
202409
15.4
2.7
10.8
3.9
15.1
3.4
32.5
9.6
-1.2
6.7
31.6
39.2
0.0 3485.8 2003.6
0.1 4649.0 2265.1
pany’s total EPS for the last available trail- Yearly High and Low tell you the range NMDC [1]
NMDC Steel
63.0
40.7
7.1
-8.8
8.8 2.0
0.8
202409 22.5 18.1 17.1 25.6
202409 448.8 -554.1 2177.1 -1861.7
-6.9
-6.2
28.3
0.0
0.1
0.3
95.5
73.7
62.8
40.0
Alembic Pharma [2] 1009.0 32.4 31.1 4.1 202409 3.3 5.0 6.0 19.8 -4.1 12.9 0.1 1296.2 798.2 ing 12 months. that the company’s stock has spanned in NTPC 308.2 22.8 13.5 1.8 202409 -0.6 14.3 3.8 15.4 -9.3 10.3 1.5 448.3 296.6
Alkem Lab [2] 5372.5 181.9 29.5 5.6 202409 -0.7 3.7 2.9 44.1 -2.3 18.3 0.2 6440.0 4409.9 Nuvama Wealth 6653.0 233.0 28.6 7.6 202409 43.0 77.5 46.4 89.5 -5.1 15.9 2.4 7648.0 3172.9
Alkyl Amines [2] 1771.0 32.9 53.8 6.9 202409 17.8 74.2 -4.4 -1.8 -1.2 16.2 0.0 2531.2 1712.0 PE (Price Earnings Ratio) is the single the last one year. Nuvoco Vistas 346.3 1.4 252.2 1.4 202409 -11.8 -5666.7 -6.0 -91.0 -1.8 5.4 0.5 385.2 292.0
f1ccf833-44c4-4575-b5cd-33fe76bd21c0

f1ccf833-44c4-4575-b5cd-33fe76bd21c0
Alok Industries [1]
Amara Raja Ener. [1]
19.5 -1.8
1079.5 53.7 20.1
-0.5
2.7
202409
202409
-35.5
9.8
-249.9
-1.2
-24.0
15.1
3.5
17.8
-7.0
-9.3
0.0
18.8
0.0 38.7 19.2
0.0 1774.9 737.7
most important number to gauge if a stock Face value other than ₹10 per share is O .....................................................................................................................................................................................................

Amber Enterp. 7830.7 54.9 142.5 12.6 202409 81.7 177.0 17.3 18.5 1.2 9.8 0.8 8167.1 2991.2 is expensive or cheap enough to buy. It di- mentioned in brackets next to the com- O N G C [5] 263.1 33.7 7.8 0.9 202409 7.3 -24.6 2.2 -15.8 1.7 17.3 0.5 344.6 210.9
Ambuja Cements [2] 511.1 11.7 43.7 2.5 202409 1.2 -29.4 5.3 21.6 -6.8 16.5 0.0 706.9 452.9 Oberoi Realty 2126.6 63.9 33.3 5.2 202409 8.4 29.0 8.0 18.4 -5.6 16.3 0.3 2349.8 1268.0
Anand Rathi Wea. [5] 4147.1 63.0 65.8 31.4 202409 32.8 32.4 32.6 34.4 4.6 51.5 0.1 4640.6 2575.0 vides the company’s current market price pany name. As far as possible, consolid- Oil India 456.1 51.5 8.8 1.4 202409 -3.3 0.0 10.6 12.2 -5.2 18.1 0.5 767.3 241.5
Anant Raj [2] 885.6 10.1 87.3 7.9 202409 54.3 75.7 52.3 68.5 0.8 8.2 0.3 947.3 281.2 by its EPS. ated numbers (latest available) have been Olectra Greentec [4] 1353.8 13.7 99.0 11.3 202409 70.5 163.3 27.1 44.8 -9.0 14.4 0.2 2222.0 1346.0
Angel One 2542.5 145.9 17.4 4.4 202409 44.6 39.1 55.6 29.0 -11.0 38.7 0.6 3893.5 2027.3 One 97 [1] 847.1 -31.6 3.7 202409 -34.1 -243.1 -10.6 -67.7 -13.8 0.0 0.0 1063.0 310.0
Anupam Rasayan 693.3 6.4 109.0 2.7 202409 -25.0 -59.0 -24.6 -60.9 -4.9 9.4 0.4 978.0 672.8 PB (Price to Book value) measures a used for a holistic picture of the company’s Oracle Fin.Serv. [5] 11443.1 287.4 39.8 14.1 202409 15.9 38.4 18.1 36.0 -8.6 37.1 0.0 13203.6 4290.2
Apar Inds.
APL Apollo Tubes [2]
10592.4 211.5 50.1
1519.0 21.0 72.3
10.4
11.0
202409
202409
18.7
3.1
11.2
-73.5
9.1
3.7
8.4
-24.0
-3.3
-5.9
43.9
24.5
0.1 11797.4 5158.2
0.3 1729.5 1253.0
company’s stock price relative to its book finances. P .....................................................................................................................................................................................................

Apollo Hospitals [5] 7032.2 82.3 85.5 13.5 202409 15.3 63.5 14.8 69.9 -3.7 15.4 0.7 7545.1 5690.8 value or net worth. PB is the appropriate Given that the top 500 listed companies P & G Health Ltd 5246.3 136.5 38.4 16.2 202409 2.8 25.6 -6.2 -2.1 0.8 39.8 0.0 5836.0 4640.3
Apollo Tyres [1] 461.9 23.9 19.3 2.1 202409 2.5 -37.6 1.7 -3.6 -9.8 15.4 0.4 584.7 429.0 P & G Hygiene 14783.3 208.3 71.0 61.9 202409 -0.2 0.6 4.7 -7.9 0.8 99.8 0.0 17747.914409.8
Aptus Value Hou. [2] 281.5 13.5 20.8 3.5 202409 26.3 22.9 26.0 22.5 -5.2 14.7 1.3 401.7 279.1 value measure for banks and asset-heavy are usually the most liquid and well-run, P I Industries [1] 3614.2 117.0 30.9 5.7 202409 4.9 5.8 10.0 18.7 -1.4 23.6 0.0 4801.4 3060.0
Archean Chemical [2]
Asahi India Glas [1]
622.0 20.5 30.4
673.7 12.8 52.7
4.4
6.6
202409
202409
-17.2
3.3
-25.9
9.9
-16.7
3.2
-35.9
-9.5
-5.8
-7.9
26.4
14.7
0.1 838.2 571.5
0.8 833.0 502.2
companies. we’ve restricted the list to the S&P BSE 500 Page Industries 46720.4 556.8 83.9 35.0 202409 10.8 29.9 5.0 21.6 -2.5 44.9 0.2 49933.233100.0
Patanjali Foods [2] 1810.5 27.5 65.9 6.1 202409 4.2 21.4 0.2 13.7 -2.7 11.1 0.1 2030.0 1170.1
Ashok Leyland [1] 210.6 8.8 24.0 6.0 202409 -2.4 13.9 4.1 21.5 -10.0 15.4 4.1 264.7 157.7 Sales (Qty) and Profit (Qty) capture index constituents. PB Fintech. [2] 1856.2 3.8 487.9 14.0 202409 43.8 150.3 40.0 236.6 -16.2 1.5 0.0 2255.0 824.2
Asian Paints [1] 2319.7 49.0 47.3 12.4 202409 -5.3 -31.6 -0.7 -7.5 -0.6 37.8 0.1 3394.0 2256.9
Aster DM Health. 503.8 4.5 111.3 8.3 202409 16.9 158.7 -30.4 -7.4 -3.4 4.8 0.9 558.3 312.3 the growth in a company’s net sales and PCBL Ltd [1]
Persistent Sys [5]
391.2
6319.3
11.8 33.1
79.1 79.9
3.9
17.7
202412 21.3
202409 20.1
-36.8
23.4
40.6
17.1
-7.4
22.9
-15.3
-1.3
14.1
28.7
1.0 584.5 208.8
0.1 6788.8 3232.6
Astral [1] 1563.6 19.6 79.9 12.5 202409 0.5 -16.2 6.1 -3.5 -3.5 25.0 0.0 2454.0 1532.2 net profits for the latest reporting quarter, Note: Very large percentage changes in Petronet LNG 320.2 26.4 12.1 2.5 202409 3.9 1.7 2.1 13.3 -2.8 24.8 0.2 384.9 228.0
Astrazeneca Phar [2] 6912.5 51.5 134.2 25.4 202409 31.2 -5.6 30.1 -25.6 -2.8 33.3 0.0 8139.9 4050.2 Pfizer 5253.9 133.8 39.3 6.4 202409 2.3 6.3 -2.7 14.5 0.5 21.4 0.0 6452.9 4050.1
Atul 6793.5 128.4 52.9 3.6 202409 16.7 51.5 4.7 -3.6 -1.3 9.1 0.0 8165.3 5183.1 over the previous year, in percentage sales and profit are reflective of a change Phoenix Mills [2] 1660.0 29.6 56.1 5.9 202409 4.9 -13.7 32.8 19.8 5.6 14.8 0.5 2068.2 1135.5
AU Small Finance 574.6 25.3 22.7 2.7 202409 54.5 42.2 41.2 17.2 0.2 0.0 0.0 792.4 534.0
terms. We’ve adjusted the numbers for from near-zero or negative value. Pidilite Inds. [1] 2901.3 38.6 75.2 16.9 202409 5.2 18.8 5.2 30.4 -1.0 29.3 0.1 3414.4 2490.0
Aurobindo Pharma [1] 1200.1 62.2 19.3 2.3 202409 6.9 8.0 11.8 54.1 -9.0 13.5 0.2 1592.6 959.1 Piramal Enterp. [2] 987.5 -0.4 0.8 202409 12.0 166.4 -7.2 -100.3 -9.8 3.9 1.8 1275.4 736.6
Authum Invest [1] 1861.0 240.1 7.8 2.5 202409 -49.2 -56.6 100.4 97.5 -4.5 33.9 0.2 2010.0 576.2 one-off and exceptional items. Source: Capitaline database Piramal Pharma 221.7 0.4 508.2 3.7 202409 17.3 350.0 15.4 143.3 -13.0 5.4 0.7 307.9 114.5
Avenue Super. 3685.7 41.3 89.3 11.9 202409 14.4 5.8 17.5 15.2 -8.4 19.5 0.0 5484.0 3400.0 PNB Housing 854.9 64.7 13.2 1.4 202409 5.7 22.6 5.0 31.4 -7.7 9.2 4.2 1201.5 600.4
Axis Bank [2] 1040.8 90.2 11.5 1.9 202409 15.3 19.3 20.5 19.4 -4.0 0.0 0.0 1339.6 996.0 PNC Infratech [2] 296.2 48.3 6.1 1.3 202409 -25.3 -43.6 1.6 101.8 -8.1 15.0 1.5 574.5 282.2
Poly Medicure [5] 2672.3 29.1 91.8 10.5 202409 24.5 40.6 21.8 26.2 -3.6 23.4 0.1 3350.0 1361.0
B ..................................................................................................................................................................................................... Polycab India 6537.3 119.3 54.8 11.4 202409 30.4 3.3 24.7 11.6 -9.5 32.2 0.0 7607.2 3812.4
B H E L [2] 204.5 1.3 160.1 2.9 202409 28.5 68.5 11.9 2.8 -11.1 2.3 0.3 335.4 195.6 Poonawalla Fin [2] 307.9 5.4 57.4 3.0 202409 33.9 -242.2 45.3 -51.4 -3.6 10.8 1.8 520.0 270.0
BPCL 277.6 30.9 9.0 1.6 202409 -0.3 -71.6 -1.2 -53.1 -6.3 31.3 1.0 376.0 226.0 Company CMP EPS PE PB Year End Sales Profit Sales Profit Wkly ROCE DER Yr.High Yr.Low Power Fin.Corpn. 404.3 64.2 6.3 1.2 202409 14.9 9.7 18.4 18.1 -13.0 10.2 8.7 580.4 351.9
Bajaj Auto 8765.1 264.0 33.2 7.9 202409 21.1 -31.4 23.9 7.7 -2.2 33.4 0.0 12772.2 6946.9 Qty Qty TTM TTM Rtn Power Grid Corpn 299.8 16.9 17.7 3.0 202409 0.1 0.3 -0.1 2.4 -5.2 12.7 1.5 366.2 226.1
Bajaj Finance [2] 7277.5 248.4 29.3 5.2 202409 27.5 12.6 29.8 17.2 -1.8 11.9 3.9 7823.9 6190.0 Praj Industries [2] 738.7 15.1 48.8 10.5 202409 -7.5 -13.7 -4.9 2.5 -11.6 29.8 0.1 874.3 448.0
Bajaj Finserv [1] 1699.9 53.2 31.9 4.0 202409 28.8 8.2 33.4 14.5 0.0 13.2 4.7 2029.0 1419.0 Prestige Estates 1488.5 15.8 94.1 3.9 202409 3.0 -77.4 -8.3 -60.0 -10.3 15.0 1.1 2072.8 967.1
Bajaj Holdings 10822.8 665.6 16.3 2.0 202409 24.2 -3.7 237.2 33.6 -6.8 15.2 0.0 13221.5 7667.2 Prism Johnson 151.0 -2.2 5.9 202409 -5.3 -870.8 -3.8 -181.8 -11.6 3.1 1.7 246.1 142.0
Balaji Amines [2] 1798.8 62.2 28.9 3.3 202409 -8.8 18.1 -19.6 2.2 1.5 18.3 0.0 2599.9 1697.5 Guj.St.Petronet 345.5 26.3 13.1 1.7 202409 -6.4 -38.0 6.0 -2.4 -5.7 28.5 0.0 469.6 260.2 PTC Industries 17084.2 30.0 568.7 19.0 202409 25.8 112.7 -0.4 29.7 18.4 10.4 0.4 17978.0 6800.7
Balkrishna Inds [2] 2733.1 84.3 32.4 5.6 202409 7.4 -0.1 13.4 55.5 -2.9 17.8 0.4 3378.0 2193.9 Gujarat Fluoroch [1] 3793.8 37.3 101.6 6.8 202409 25.4 128.3 -11.0 -55.2 -8.0 9.6 0.3 4875.0 2480.0 Pun. & Sind Bank 44.4 1.0 44.6 2.9 202409 13.8 26.7 16.0 -42.4 -10.1 0.0 0.0 77.5 42.7
Balrampur Chini [1] 490.3 21.4 22.9 2.8 202409 -15.7 -59.6 -0.3 -20.1 -6.1 13.4 0.6 692.9 343.5 Gujarat Gas [2] 485.9 17.9 27.2 4.2 202409 -1.7 4.2 6.9 -2.0 -5.5 20.8 0.0 689.5 442.8 Punjab Natl.Bank [2] 98.7 12.6 7.8 1.0 202409 13.4 136.9 16.5 145.0 -7.3 0.0 0.0 142.9 92.4
Bandhan Bank 144.0 17.3 8.3 1.0 202409 22.4 30.0 22.2 9.7 -8.7 0.0 0.0 236.2 143.4 PVR Inox 1135.0 -31.3 1.6 202409 -18.9 -107.1 4.2 -34.5 -12.9 0.0 1.1 1748.3 1125.0
Bank of Baroda [2] 225.4 38.7 5.8 0.9 202409 9.0 21.9 13.6 8.7 -6.7 0.0 0.0 298.5 219.7 H .....................................................................................................................................................................................................

Bank of India 94.3 17.2 5.5 0.6 202409 16.0 61.6 18.3 45.1 -10.0 0.0 0.0 158.0 94.1 HPCL 388.4 19.7 19.7 1.8 202409 4.3 -97.6 3.3 -74.8 -6.0 21.1 1.7 457.2 278.0 Q .....................................................................................................................................................................................................

Bank of Maha 48.7 6.4 7.7 1.5 202409 18.7 44.9 21.9 43.1 -11.6 0.0 0.0 73.5 45.5 HUDCO 214.3 12.3 17.4 2.5 202409 35.0 52.5 20.8 37.7 -12.8 9.2 4.3 354.0 124.1 Quess Corp 623.5 24.4 25.5 3.2 202409 9.1 26.3 9.2 81.1 -9.6 10.6 0.3 875.0 460.0
BASF India 5115.3 147.8 34.6 6.3 202409 69.5 11.1 72.5 197.7 -6.0 22.4 0.1 8748.1 2870.0 Happiest Minds [2] 706.6 14.6 48.4 7.1 202409 28.3 -15.3 17.5 -6.0 -4.2 21.9 0.5 960.0 692.9
Bata India [5] 1426.4 27.1 52.7 12.5 202409 2.2 -11.4 0.8 10.6 -2.4 18.6 0.9 1632.0 1269.0 Hatsun Agro [1] 961.9 13.7 70.4 13.1 202409 8.7 -17.1 11.2 32.8 -4.2 13.5 1.5 1380.0 955.7 R .....................................................................................................................................................................................................
Bayer Crop Sci. 5313.1 129.0 41.2 7.8 202409 7.4 -38.9 -4.9 -24.5 -5.6 32.3 0.0 7189.9 4868.7 Havells India [1] 1599.7 22.5 71.1 12.9 202409 16.4 7.7 14.0 19.8 -5.8 24.1 0.0 2105.0 1280.2 RCF 168.4 3.4 50.2 2.0 202409 3.2 54.7 -8.6 -56.9 -6.8 6.0 0.6 245.0 119.0
BEML Ltd 3699.8 68.6 54.0 5.7 202409 -6.2 -1.5 3.5 42.2 -10.6 11.7 0.1 5489.2 2675.2 HBL Engineering [1] 568.9 12.5 45.5 11.5 202409 -6.4 26.7 27.9 93.2 -8.9 33.5 0.1 738.7 379.0 R R Kabel [5] 1362.3 23.3 58.4 7.7 202409 12.5 -33.2 12.9 -7.6 -4.3 21.8 0.3 1903.3 1313.1
Berger Paints [1] 460.3 9.8 46.9 9.6 202409 0.3 -7.5 3.1 10.9 0.6 27.2 0.2 629.6 437.8 HCL Technologies [2] 1995.6 62.0 32.2 7.9 202409 8.2 10.5 7.1 9.0 2.5 28.6 0.1 2001.4 1235.0 Radico Khaitan [2] 2280.5 21.5 106.3 11.9 202409 20.7 24.4 28.2 21.1 -12.0 13.1 0.3 2637.0 1429.0
Bharat Dynamics [5] 1200.4 15.1 79.5 11.8 202409 -12.2 -16.7 0.4 30.1 4.9 12.0 0.0 1794.7 776.1 HDFC AMC [5] 3846.2 103.3 37.2 12.1 202409 38.0 32.1 30.7 33.1 -8.9 37.7 0.0 4862.0 3255.0 Rail Vikas 393.3 6.5 60.8 9.3 202409 -1.2 -27.2 -4.2 -8.9 -8.9 17.6 0.8 647.0 198.6
Bharat Electron [1] 271.0 6.2 43.6 11.2 202409 14.9 38.4 19.3 36.6 -7.2 32.6 0.0 340.4 171.7 HDFC Bank [1] 1657.2 90.5 18.3 2.7 202409 10.6 6.0 47.2 27.0 -5.3 0.0 0.0 1880.0 1363.5 Rainbow Child. 1550.5 22.8 68.0 11.7 202409 25.5 25.4 14.6 7.5 -0.6 19.5 0.6 1708.5 1079.3
Bharat Forge [2] 1209.0 21.8 55.6 6.5 202409 -2.3 6.6 8.1 51.2 -6.8 12.6 1.1 1826.2 1063.4 HDFC Life Insur. 608.6 7.9 77.4 8.4 202409 12.3 15.1 8.0 15.0 -2.3 0.4 0.1 761.0 511.1 Rajesh Exports [1] 217.3 1.3 167.6 0.4 202409 75.8 0.6 -14.8 -96.6 -6.7 3.2 0.1 374.9 216.1
Bharti Airtel [5] 1615.1 25.0 64.7 10.6 202409 12.0 92.8 6.3 25.3 1.0 13.7 2.8 1779.0 1051.8 HEG [2] 451.9 9.4 47.9 2.0 202409 -7.6 -14.3 -7.6 -58.6 -14.5 8.6 0.2 619.3 317.4 Ramkrishna Forg. [2] 959.1 20.3 47.2 5.9 202409 17.2 36.5 18.3 28.1 4.6 18.5 0.6 1064.0 601.7
Bharti Hexacom [5] 1455.1 18.8 77.4 14.0 202409 20.7 -5.4 12.4 176.6 -2.6 13.3 2.0 1606.2 755.2 Hero Motocorp [2] 4122.5 206.9 19.9 4.3 202409 10.0 5.7 14.8 23.1 -2.8 28.4 0.0 6245.0 4085.9 Ratnamani Metals [2] 3083.0 75.7 40.7 6.6 202409 -14.1 -38.7 0.1 -14.8 -3.6 27.5 0.1 3971.8 2580.8
Bikaji Foods [1] 706.6 11.6 60.9 13.4 202409 15.8 13.0 16.8 60.3 -5.5 28.5 0.2 1005.0 475.5 HFCL [1] 100.4 2.6 38.4 3.5 202409 -1.6 6.4 -0.3 23.6 -12.2 13.3 0.3 171.0 81.2 RBL Bank 154.4 19.6 7.9 0.6 202409 17.4 -30.0 23.2 1.5 -5.0 0.0 0.0 300.5 147.6
Biocon [5] 360.7 11.6 31.1 2.1 202409 4.5 -116.1 9.3 90.6 -2.3 6.4 0.9 395.7 244.4 Himadri Special [1] 575.2 9.8 58.9 8.3 202409 13.2 34.5 13.6 46.8 -2.7 18.8 0.3 688.5 272.8 REC Ltd 459.7 56.5 8.1 1.7 202409 17.1 6.5 20.3 16.9 -14.6 10.1 6.5 653.9 408.0
Birla Corpn. 1188.6 39.6 30.0 1.5 202409 -14.6 -143.0 -0.7 118.5 -3.3 9.1 0.8 1801.3 1074.2 Hind. Unilever [1] 2442.0 43.7 55.8 11.3 202409 2.4 -2.1 1.1 -0.5 1.5 25.0 0.0 3034.5 2170.3 Redington [2] 204.1 15.4 13.2 2.1 202409 12.0 -3.5 6.0 -3.0 1.2 19.8 0.4 237.3 159.1
Birlasoft Ltd [2] 551.5 22.4 24.6 4.7 202409 4.5 -12.1 7.6 63.5 -0.2 29.4 0.0 861.6 530.4 Hind.Aeronautics [5] 3999.5 127.3 31.4 8.6 202409 6.0 21.8 12.4 41.0 -4.9 26.3 0.0 5675.0 2817.7 Relaxo Footwear [1] 602.4 7.3 82.8 7.5 202409 -5.0 -16.9 -0.4 -6.6 -5.0 13.6 0.1 949.9 601.0
BLS Internat. [1] 451.2 10.1 44.5 13.0 202409 21.4 75.5 11.7 54.6 -10.6 35.0 0.0 522.3 262.6 Hindalco Inds. [1] 574.5 58.1 9.9 1.1 202409 7.4 96.2 3.6 55.2 -2.8 10.7 0.6 772.0 496.8 Reliance Industr 1242.4 50.2 24.8 2.1 202409 -0.2 -4.8 6.4 -0.6 -0.7 10.5 0.6 1609.0 1202.1
Blue Dart Expres 6331.4 119.2 53.1 10.5 202409 9.4 -14.0 7.5 -3.3 -7.1 19.8 0.9 9483.9 5490.0 Hindustan Copper [5] 233.4 4.2 56.1 9.4 202409 35.9 67.5 5.7 25.6 -6.8 16.0 0.1 415.6 230.3 RHI Magnesita [1] 493.2 9.6 51.1 2.6 202409 -12.1 -35.6 5.2 27.6 -0.7 8.6 0.3 799.5 479.0
Blue Star [2] 1975.4 25.6 77.2 14.9 202409 20.4 36.1 25.5 66.3 -15.5 24.8 0.2 2420.0 969.5 Hindustan Zinc [2] 433.2 20.8 20.8 24.0 202409 20.9 38.1 2.1 4.4 -7.6 44.1 0.7 807.0 285.0 Rites 267.2 8.3 32.2 5.0 202409 -7.1 -27.8 -5.5 -17.3 -9.5 24.2 0.0 413.1 252.7
Bombay Burmah [2] 2009.1 179.7 11.2 2.8 202409 4.4 61.1 3.5 412.3 -8.4 32.8 1.0 2972.6 1322.6 Hitachi Energy [2] 13499.4 47.0 287.0 40.8 202409 26.5 111.4 27.1 141.5 -10.7 17.8 0.2 16534.5 5459.0 Route Mobile 1321.8 56.3 23.5 3.6 202409 9.7 8.6 7.1 -2.9 -5.3 20.7 0.1 1942.0 1311.1
Bosch 31804.7 679.5 46.8 7.4 202409 6.4 23.9 7.1 30.9 -7.1 20.3 0.0 39052.022350.0 Home First Finan [2] 1037.1 38.2 27.2 4.1 202409 36.7 24.1 37.4 28.6 -2.9 11.3 3.1 1383.1 777.0
Brigade Enterpr. 1148.7 19.7 58.2 5.5 202409 -21.5 -10.9 36.4 63.8 -11.2 12.2 1.5 1451.9 826.3 Honasa Consumer
Honeywell Auto
241.9 2.4 100.6
41312.7 596.8 69.2
7.0
9.7
202409
202409
-6.9
-7.3
-163.1
-5.6
14.1
2.6
41.0
19.0
-4.2
-4.1
16.1
19.7
0.1 546.5 222.2
0.0 59700.036238.4
S ......................................................................................................................................................................................................
Britannia Inds. [1] 4936.9 89.3 55.3 37.0 202409 4.5 -9.5 3.5 -3.6 2.1 48.4 0.7 6473.1 4643.3 SAIL 106.0 7.6 13.9 0.8 202409 -17.0 -44.3 -7.6 -5.2 -7.2 7.3 0.6 175.7 104.8
Sammaan Capital [2] 149.7 -24.5 0.6 202409 8.8 -1026.5 5.1 -258.1 -8.2 10.1 2.7 208.9 130.3
C ...................................................................................................................................................................................................... I .......................................................................................................................................................................................................
Samvardh. Mothe. [1] 144.9 5.4 26.9 3.1 202409 18.8 183.6 23.4 149.2 -9.5 13.1 0.7 217.0 104.2
CPCL 601.9 48.1 12.5 1.2 202409 -26.9 -153.0 -1.6 -75.4 -5.0 35.0 0.4 1274.0 563.1 IOB 48.1 1.6 30.7 3.6 202409 17.7 24.3 21.9 26.5 -9.6 0.0 0.0 83.8 42.1 Sanofi India 5868.8 183.0 32.1 19.7 202409 6.8 2.0 -9.2 -8.5 -4.3 70.6 0.0 10526.1 5799.9
C.E. Info System [2] 1639.7 24.8 66.2 12.3 202409 13.8 -8.2 26.0 9.7 0.6 28.0 0.1 2745.1 1514.7 IOCL 130.4 11.6 11.2 1.0 202409 -2.4 -110.1 -2.5 -57.6 -5.7 21.2 0.9 196.8 129.6 Sapphire Foods [2] 329.5 0.9 362.1 7.8 202409 8.3 -47.0 10.5 -86.0 -5.7 6.5 0.8 400.5 259.2
Campus Activewe. [5] 283.7 3.2 89.0 12.5 202409 28.9 4368.8 5.8 -5.6 -7.9 16.4 0.4 371.2 212.8 I R C T C [2] 779.6 15.0 51.8 17.7 202409 7.2 4.5 14.9 11.3 -2.1 48.9 0.0 1148.3 755.4 SBI Cards 722.0 23.2 31.1 5.3 202409 8.2 -32.9 16.2 -4.0 -0.2 12.5 3.2 817.1 649.0
Cams Services 4527.6 85.8 52.8 21.7 202409 32.8 44.9 26.0 37.0 -11.2 45.7 0.1 5367.5 2661.0 IRFC 135.7 5.0 27.3 3.5 202409 2.0 4.4 4.0 8.1 -11.7 5.7 8.9 229.1 104.3 SBI Life Insuran 1478.3 21.8 67.9 9.1 202409 1.1 39.3 14.7 18.4 2.2 0.5 0.0 1935.0 1307.0
Can Fin Homes [2] 680.4 61.6 11.0 1.9 202409 10.5 33.8 17.5 24.5 -5.7 9.3 7.6 951.5 677.0 ICICI Bank [2] 1248.6 67.1 18.6 3.2 202409 19.0 18.8 22.7 17.9 -1.3 0.0 0.0 1361.4 970.1 Schaeffler India [2] 3324.7 58.5 56.8 10.7 202409 14.2 1.6 11.2 -0.6 -4.1 26.4 0.0 4950.0 2699.6
Canara Bank [2] 92.9 17.6 5.3 0.9 202409 10.6 10.3 17.6 15.0 -8.5 0.0 0.0 129.4 88.4 ICICI Lombard 1875.9 44.9 41.7 6.8 202409 16.7 20.2 15.9 26.6 2.2 21.9 0.0 2285.9 1354.8 Schneider Elect. [2] 720.1 8.2 87.4 43.1 202409 21.0 17.3 21.9 15.7 -8.5 29.7 1.0 980.0 411.2
Caplin Point Lab [2] 2373.8 64.9 36.6 7.1 202409 17.8 13.9 16.9 18.1 -6.4 26.7 0.0 2636.0 1221.0 ICICI Pru Life 644.2 6.1 106.3 8.1 202409 7.3 2.9 10.8 -3.4 -4.4 0.4 0.1 795.0 463.5 Sh.Renuka Sugar [1] 37.2 -2.2 -3.1 202409 -7.2 -110.9 22.3 -65.0 -7.5 0.0 0.0 56.5 36.7
Capri Global [1] 182.0 3.9 46.4 3.7 202409 35.9 48.7 44.0 39.8 -5.0 9.5 2.4 289.4 178.1 ICICI Securities [5] 826.6 63.3 13.1 6.0 202409 36.6 24.9 57.4 66.2 -1.1 18.1 3.3 921.5 671.6 Sheela Foam [5] 972.4 8.9 108.7 3.5 202409 32.5 -77.7 21.8 -51.0 -3.7 7.9 0.5 1259.9 775.2
Carborundum Uni. [1] 1253.2 20.9 59.9 7.2 202409 7.6 13.7 0.8 -10.2 -3.7 20.4 0.1 1835.7 1026.0 IDBI Bank 69.4 6.3 11.0 1.6 202409 23.3 34.3 15.9 41.7 -10.5 0.0 0.0 108.0 66.6 Shoppers Stop [5] 618.9 1.8 341.1 25.9 202409 7.3 -370.5 9.1 -79.7 1.9 9.1 10.2 943.7 574.4
Castrol India [5] 190.4 9.1 21.0 8.8 202409 8.9 6.7 5.8 10.1 -5.9 56.9 0.0 284.4 166.2 IDFC First Bank 60.4 3.2 19.1 1.2 202409 21.8 -71.6 27.4 -20.4 -7.3 0.0 0.0 89.6 59.2 Shree Cement 25730.5 480.0 53.6 4.5 202409 -15.1 -82.9 3.1 -5.2 -1.5 14.6 0.1 30710.223500.2
CCL Products [2] 659.9 20.5 32.2 4.9 202409 21.5 21.5 25.2 -2.1 -9.1 12.4 0.8 854.0 551.4 IFCI 54.3 0.5 113.1 2.4 202409 1.7 -12.8 22.3 160.9 -11.6 11.0 1.4 91.4 29.5 Shriram Finance [2] 531.9 41.7 12.8 1.9 202409 18.4 18.0 18.7 20.6 -12.7 11.3 3.9 730.4 438.8
CEAT 3082.3 148.2 20.8 3.0 202409 8.2 -41.4 7.4 13.5 -3.0 19.2 0.6 3581.5 2211.0 IIFL Finance [2] 415.5 34.2 12.1 1.5 202409 3.8 -36.6 17.6 -14.1 -1.4 12.1 4.4 650.7 304.3 Shyam Metalics 784.6 30.0 26.2 2.2 202409 23.6 -55.5 12.2 -17.2 1.3 11.4 0.1 956.1 516.2
Central Bank 50.0 3.9 12.7 1.5 202409 11.6 48.5 14.9 56.6 -9.2 0.0 0.0 76.9 49.3 India Cements 376.9 -12.5 2.4 202409 -18.4 -259.0 -18.3 9.5 -0.3 -0.8 0.5 385.5 172.6 Siemens [2] 6104.5 76.3 80.0 14.2 202409 11.4 45.4 14.0 38.5 -7.6 20.4 0.0 8130.0 3966.1
Century Plyboard [1] 790.1 10.0 78.6 7.8 202409 18.7 -58.7 12.0 -41.4 -8.7 18.0 0.3 938.6 614.3 Indiamart Inter. 2325.2 71.7 32.4 7.4 202409 18.0 94.7 18.4 33.5 3.3 18.8 0.0 3199.0 2165.0 SignatureGlobal [1] 1254.1 3.9 325.0 27.7 202409 660.5 -79.4 84.5 184.0 -10.3 1.7 5.4 1645.9 1021.2
Cera Sanitary. [5] 6879.5 185.2 37.1 7.3 202409 6.4 17.1 -0.2 1.5 -8.6 24.1 0.0 11499.7 6551.3 Indian Bank 491.9 73.3 6.7 1.1 202409 11.7 35.3 16.4 43.2 -6.2 0.0 0.0 626.4 422.6 SJVN 97.0 2.4 41.1 2.6 202409 16.8 0.3 12.0 -10.7 -11.1 5.2 1.2 170.5 90.7
CESC [1] 162.5 10.5 15.4 1.8 202412 9.8 -5.7 10.0 -0.9 -12.6 10.3 1.3 212.7 109.7 Indian Energy Ex [1] 168.2 4.4 38.1 14.4 202409 28.4 25.3 19.0 20.0 -5.0 51.5 0.0 244.4 129.2 SKF India 4321.8 113.4 38.1 9.3 202409 10.6 4.7 6.7 15.8 -4.4 28.8 0.0 7349.0 4025.0
CG Power & Ind [2] 650.3 5.9 110.9 28.3 202409 20.5 -1.2 17.0 2.7 -11.5 37.6 0.0 874.5 415.1 Indian Hotels Co [1] 805.8 10.0 80.8 11.3 202409 27.4 80.5 16.7 29.0 -7.6 15.9 0.3 894.2 450.6 Sobha 1369.9 5.7 239.4 3.7 202409 25.9 74.5 -18.9 -49.5 -11.4 7.1 0.8 2178.7 1175.4
Chalet Hotels 891.8 3.4 258.9 6.9 202409 19.9 -480.0 22.1 -67.2 -10.3 9.9 1.5 1051.2 652.0 Indian Renewable 201.2 5.7 35.2 5.8 202412 34.9 26.8 35.2 31.3 -12.8 9.3 6.2 310.0 103.0 Solar Industries [2] 9523.5 111.7 85.3 22.7 202409 27.3 42.8 -4.9 25.1 -2.3 30.8 0.4 13300.0 6275.0
Chambal Fert. 481.4 38.5 12.5 2.4 202409 -19.3 40.8 -28.9 35.4 -3.8 21.0 0.4 575.0 330.9 Indraprastha Gas [2] 413.2 26.4 15.7 2.7 202409 6.9 -17.7 0.8 2.2 -6.4 28.8 0.0 570.6 306.5 Sona BLW Precis. 569.4 9.3 61.5 6.8 202409 17.1 18.6 18.5 21.9 -3.7 24.3 0.1 767.8 558.5
Chemplast Sanmar [5] 477.4 -8.1 33.1 202409 0.5 -220.0 -5.6 -462.3 -4.0 -2.8 5.2 633.0 413.8 Indus Towers 320.3 28.0 11.4 3.0 202409 4.7 71.7 5.5 109.4 -6.8 21.3 0.8 460.7 206.0 Sonata Software [1] 608.9 14.1 43.2 11.4 202409 13.5 -14.2 15.8 -16.8 -3.1 31.8 0.5 867.1 469.1
Chola Financial [1] 1496.7 109.4 13.7 2.5 202409 28.1 24.9 35.5 34.1 -3.5 11.6 12.9 2151.5 989.1 IndusInd Bank 937.6 104.6 9.0 1.1 202409 12.8 -39.5 18.2 -2.2 -6.1 0.0 0.0 1694.4 927.1 SPARC [1] 183.8 -12.7 47.8 202409 -39.3 -224.6 -73.2 -62.0 -9.1 0.0 0.1 474.0 181.5
Cholaman.Inv.&Fn [2] 1254.9 45.8 27.4 4.9 202409 35.3 25.2 42.2 27.4 -4.9 10.4 6.8 1650.0 1011.5 Info Edg.(India) 7834.9 40.3 194.4 2.4 202409 12.0 -102.8 8.8 38.8 -13.5 4.2 0.0 9195.0 4868.5 SRF 2603.0 38.1 68.3 6.4 202409 6.8 -33.0 -1.9 -34.9 13.9 12.5 0.4 2697.5 2088.6
CIE Automotive 457.4 21.6 21.2 2.8 202409 -6.4 4.3 -2.1 6.7 -5.8 17.7 0.2 628.5 401.0 Infosys [5] 1966.7 64.9 30.3 10.4 202409 5.1 4.7 2.9 8.4 1.5 44.7 0.1 2006.8 1359.1 St Bk of India [1] 743.2 86.1 8.6 1.5 202409 12.7 22.9 17.9 12.6 -6.3 0.0 0.0 912.1 600.7
Cipla [2] 1470.1 57.2 25.7 4.2 202409 5.6 15.2 7.9 29.7 -2.7 22.3 0.0 1702.0 1268.4 Ingersoll-Rand 3935.1 76.4 51.5 19.4 202409 16.6 21.4 5.7 10.4 -4.7 50.8 0.0 4998.4 2997.0 Star Cement [1] 215.3 4.9 43.9 3.2 202409 9.6 -85.9 5.9 -30.0 -5.4 16.3 0.0 256.0 169.8
City Union Bank [1] 165.5 14.3 11.6 1.4 202409 10.0 1.6 10.4 12.1 -5.3 0.0 0.0 187.8 125.4 Inox Wind 155.4 1.0 155.0 7.6 202409 110.0 45.4 144.5 122.0 -16.0 0.0 1.7 262.1 102.4 Star Health Insu 462.2 14.7 31.5 3.9 202409 15.5 -11.2 15.7 18.8 -4.3 15.8 0.1 647.7 452.5
Clean Science [1] 1408.2 24.2 58.1 11.5 202409 31.5 12.6 7.4 -6.5 -5.9 29.5 0.0 1690.0 1244.5 Intellect Design [5] 909.6 20.5 44.3 4.9 202409 -9.8 -25.0 -0.3 -10.1 -6.6 19.9 0.0 1198.8 693.1 Sterling & Wils. [1] 447.2 -2.2 10.8 202409 35.7 -87.0 109.4 92.4 -4.7 0.0 3.4 828.0 425.2
Coal India 368.6 58.5 6.3 2.4 202409 -9.0 -21.9 -2.2 8.6 -6.4 30.5 0.1 544.7 364.8 Interglobe Aviat 4224.2 171.7 24.6 42.9 202409 13.6 -622.3 21.6 18.0 -5.3 19.5 0.0 5033.2 2844.5 Sumitomo Chemi. 476.4 9.7 49.2 8.8 202409 9.4 34.0 0.4 31.4 -11.3 20.6 0.0 628.0 336.4
Cochin Shipyard [5] 1432.8 32.9 43.5 7.2 202409 13.0 4.1 56.0 123.3 -10.4 21.1 0.1 2977.1 712.9 Ipca Labs. [1] 1631.3 26.5 61.6 6.2 202409 15.8 35.9 27.8 30.1 -5.9 12.9 0.2 1757.7 1058.7 Sun Pharma.Inds. [1] 1786.1 46.7 38.2 6.2 202409 10.5 28.0 9.1 25.0 -3.4 17.2 0.1 1960.2 1290.7
Coforge 9395.5 117.9 79.7 10.5 202409 34.5 11.7 16.3 8.5 -2.8 27.8 0.2 10018.0 4291.1 IRB Infra.Devl. [1] 52.9 1.0 51.9 2.3 202409 -9.1 4.3 14.7 23.0 -12.2 6.8 1.3 78.1 44.8 Sun TV Network [5] 670.7 46.6 14.4 2.3 202409 -10.9 -11.9 0.2 -1.3 -2.4 26.3 0.0 921.6 567.7
Colgate-Palmoliv [1] 2831.5 54.0 52.4 46.6 202409 10.0 16.2 10.4 23.6 0.4 94.5 0.0 3893.0 2380.1 Ircon Intl. [2] 192.4 9.8 19.6 2.9 202409 -18.1 -17.9 -4.0 4.2 -11.3 15.1 0.4 351.7 175.3 Sundram Fasten. [1] 1056.2 26.0 40.6 6.1 202409 4.5 8.0 2.4 8.7 -1.5 18.5 0.2 1504.1 1002.1
Concord Biotech [1] 2255.4 31.3 72.0 14.8 202409 18.2 18.2 11.9 7.7 8.0 29.1 0.0 2658.0 1326.9 ITC [1] 444.9 16.4 27.1 7.4 202409 16.7 2.0 7.1 2.1 -2.4 37.3 0.0 500.0 377.7 Sunteck Realty [1] 478.9 10.2 47.1 2.2 202409 577.8 148.4 308.5 420.1 -4.9 4.7 0.2 698.4 379.9
Container Corpn. [5] 750.1 21.3 35.3 3.8 202409 4.2 6.3 7.5 9.3 -4.5 13.9 0.1 1194.0 738.8 ITI 443.5 -4.9 26.3 202409 312.3 -155.1 67.0 -22.1 -3.0 0.0 0.9 592.9 210.2 Supreme Inds. [2] 4539.0 85.9 52.9 10.9 202409 -1.5 -15.0 8.1 6.1 -1.6 29.4 0.0 6482.4 3604.2
Coromandel Inter [1] 1920.6 46.4 41.4 5.6 202409 6.4 -12.3 -18.6 -32.5 -1.9 25.9 0.1 1977.1 1025.1 Supreme Petroch. [2] 637.3 21.9 29.1 5.7 202409 17.8 15.7 14.9 3.8 -3.0 23.8 0.0 926.3 522.0
Craftsman Auto [5] 5202.1 104.9 49.6 4.5 202409 3.0 -34.7 16.6 -16.1 -2.3 20.5 1.0 7107.2 3782.1 J ......................................................................................................................................................................................................
Suven Pharma [1] 1061.9 9.5 111.2 13.7 202409 11.5 3.3 -26.2 -43.7 -4.0 18.7 0.0 1359.0 586.1
CreditAcc. Gram. 975.5 83.6 11.7 2.2 202409 16.5 -46.4 30.2 10.8 4.4 14.8 3.3 1769.0 810.1 J & K Bank [1] 91.3 18.4 5.0 0.8 202409 13.0 44.0 14.8 35.6 -9.3 0.0 0.0 152.5 88.2 Suzlon Energy [2] 55.6 0.7 76.3 16.8 202409 47.7 45.9 32.8 190.8 -10.3 3.7 0.4 86.0 35.5
CRISIL [1] 5679.0 91.5 62.0 18.5 202409 10.3 12.9 7.2 10.4 -6.9 40.8 0.0 6955.4 3665.1 J B Chemicals & [1] 1823.4 39.3 46.4 8.8 202409 13.5 15.9 11.3 25.6 -2.3 24.9 0.2 2029.0 1474.0 Swan Energy [1] 650.2 10.6 61.4 3.2 202409 -15.6 -39.4 68.6 83.4 -13.8 9.5 1.0 809.7 437.8
Crompton Gr. Con [2] 359.7 7.8 46.2 7.5 202409 6.4 28.5 10.4 16.0 -2.1 16.9 0.3 483.7 262.1 J K Cements 4542.4 93.1 48.8 6.4 202409 -7.0 -79.5 6.3 60.5 -4.0 14.7 1.1 4896.0 3639.2 Syngene Intl. 859.2 11.5 75.0 7.9 202409 -2.1 -13.2 -1.4 -8.5 0.2 13.6 0.2 960.0 608.0
Cummins India [2] 2999.1 70.4 42.6 11.9 202409 30.2 36.5 17.2 35.0 -6.8 33.8 0.0 4169.5 1949.7 JBM Auto [2] 1468.5 15.8 92.7 14.1 202409 4.5 12.0 27.1 36.9 -6.9 14.5 1.7 2417.3 1388.0
Cyient [5] 1741.2 62.7 27.8 3.8 202409 4.0 -2.2 5.4 -0.2 -2.0 20.3 0.3 2365.0 1655.0 Jindal Saw [1] 256.3 30.9 8.3 1.5 202409 1.9 32.5 6.8 62.9 -10.0 20.0 0.6 383.9 189.4 T ......................................................................................................................................................................................................
Jindal Stain. [2] 625.1 29.8 21.0 3.3 202409 -0.2 -12.3 -2.6 -9.3 -7.7 22.2 0.4 848.0 513.6 T N Merc. Bank 441.7 71.2 6.2 0.8 202409 10.6 10.8 14.7 5.6 -3.3 0.0 0.0 515.1 418.5
D ..................................................................................................................................................................................................... Jindal Steel [1] 917.4 49.7 18.5 2.0 202409 -8.5 -38.0 -1.9 17.0 -4.3 13.1 0.4 1097.1 688.7 Tanla Platforms [1] 674.4 40.2 16.8 4.3 202409 -0.8 -8.7 10.7 5.3 -6.2 38.2 0.1 1248.4 660.5
Dabur India [1] 517.8 10.1 51.3 8.9 202409 -5.5 -17.5 3.3 1.9 -1.4 23.1 0.1 672.0 489.0 Jio Financial 280.7 0.8 339.7 7.2 202409 157.1 243.4 90.1 97.8 -8.7 2.2 0.0 394.7 237.1 Tata Chemicals 979.2 23.6 41.5 1.1 202409 0.0 -43.9 -10.6 -69.6 -4.7 7.5 0.3 1349.7 933.0
Dalmia BharatLtd [2] 1730.1 45.3 38.2 1.9 202409 -2.1 -61.3 4.0 -26.3 -4.2 7.0 0.3 2335.0 1664.2 JK Lakshmi Cem. [5] 785.1 29.8 26.3 2.8 202409 -21.6 -115.1 -6.6 -1.8 -4.1 16.5 0.7 998.4 686.7 Tata Comm 1717.7 28.7 59.9 27.5 202409 18.4 -2.3 21.3 -38.1 -1.1 12.1 6.0 2175.0 1597.7
Data Pattern [2] 2234.9 33.1 67.6 9.3 202409 -16.0 -10.4 4.4 24.8 -10.0 19.0 0.0 3654.8 1757.4 JM Financial [1] 118.1 12.5 9.4 1.3 202409 -0.7 19.1 20.9 96.7 -9.4 11.3 1.9 168.9 69.0 Tata Consumer [1] 972.4 13.9 69.9 5.0 202409 12.9 11.0 11.9 11.6 3.6 10.6 0.2 1254.0 884.0
DCM Shriram [2] 1068.5 33.4 31.9 2.5 202409 9.1 95.2 -1.5 -15.6 -6.0 9.2 0.3 1370.0 840.2 JSW Energy 539.3 11.2 48.1 3.4 202409 -0.7 0.4 2.8 23.0 -15.0 8.7 1.4 805.0 451.8 Tata Elxsi 6003.2 130.0 46.2 15.0 202412 2.7 -3.6 7.0 1.6 -9.7 42.0 0.1 9082.9 5924.0
Deepak Fertiliz. 1146.2 53.7 21.3 2.6 202409 13.3 249.4 -12.8 0.5 -4.8 10.7 0.8 1443.4 453.2 JSW Infrast [2] 308.9 5.9 52.1 7.6 202409 18.0 46.0 17.7 25.6 -6.4 16.7 0.8 361.0 202.0 Tata Inv.Corpn. 6407.0 72.8 88.0 0.9 202409 15.0 -0.6 14.2 13.0 -6.8 1.7 0.0 9744.4 4240.1
Deepak Nitrite [2] 2420.8 58.3 41.6 6.5 202409 14.3 -5.3 11.1 -0.4 -1.3 21.6 0.0 3168.7 2022.8 JSW Steel [1] 901.2 21.1 42.6 2.8 202409 -10.8 -74.6 -1.3 -41.9 -1.5 13.5 1.2 1063.4 762.0 Tata Motors [2] 774.5 90.9 8.5 2.8 202409 -3.7 -13.0 9.6 108.7 -2.0 17.4 1.9 1179.1 718.0
Delhivery [1] 334.0 0.4 788.6 2.7 202409 12.8 -90.1 14.3 105.8 -2.3 0.0 0.1 488.1 326.0 Jubilant Food. [2] 736.5 3.7 199.5 22.2 202409 42.8 -29.0 28.9 3.6 -3.0 11.2 1.6 796.8 420.9 Tata Power Co. [1] 356.3 11.9 29.9 3.4 202409 -0.3 15.7 10.3 12.3 -10.2 10.5 1.7 494.9 335.3
Devyani Intl. [1] 180.3 0.3 673.6 18.7 202409 49.1 -100.0 35.0 -83.8 -5.3 0.0 2.2 222.8 142.1 Jubilant Ingrev. [1] 736.8 11.0 66.9 4.2 202409 1.8 2.6 -6.9 -32.2 -14.2 9.6 0.2 885.0 421.6 Tata Steel [1] 127.4 2.6 49.4 1.8 202409 -2.9 105.8 -5.2 360.5 -7.9 6.6 0.9 184.6 126.7
Divi's Lab. [2] 5766.3 69.2 83.4 11.2 202409 22.5 46.6 17.3 37.9 -4.6 16.4 0.0 6448.8 3350.1 Jubilant Pharmo [1] 975.1 18.1 53.8 2.6 202409 4.5 80.6 7.0 747.4 -10.6 6.4 0.7 1309.0 532.1 Tata Technolog. [2] 834.2 15.9 52.3 10.5 202409 2.1 -1.9 2.0 -9.8 -7.1 28.1 0.1 1200.0 828.8
Dixon Technolog. [2] 16704.5 91.9 181.8 45.0 202409 133.3 111.2 101.6 78.8 -9.2 28.4 0.3 19149.8 5785.0 Jupiter Wagons 449.1 8.7 51.8 7.5 202409 14.8 9.3 30.5 61.0 -11.8 31.5 0.3 748.1 301.0 Tata Tele. Mah. 69.5 -6.5 -0.7 202409 19.8 -206.5 13.4 -8.8 -12.4 0.0 0.0 111.5 65.3
DLF [2] 752.1 14.6 51.7 4.6 202409 46.5 121.8 22.2 61.0 -9.1 5.7 0.1 967.0 689.9 Just Dial 1034.6 16.9 61.1 2.2 202403 16.2 100.1 23.5 88.3 -2.6 4.7 0.0 1395.0 769.9 TCS [1] 4265.6 134.8 31.6 15.2 202412 5.6 5.1 5.6 7.0 4.1 62.9 0.1 4585.9 3593.3
Dr Lal Pathlabs 2924.3 48.0 60.9 12.2 202409 9.8 18.2 10.5 33.2 -0.7 25.6 0.2 3645.0 1943.2 Jyothy Labs [1] 398.5 10.2 38.9 7.8 202409 0.2 0.8 6.2 15.0 -1.2 26.8 0.0 595.0 366.7 Tech Mahindra [5] 1705.4 33.4 51.0 6.3 202409 3.5 153.1 -2.2 -9.1 0.9 11.0 0.1 1807.4 1163.7
Dr Reddy's Labs [1] 1354.2 64.0 21.2 3.7 202409 16.5 -15.3 12.4 4.9 0.1 26.6 0.1 1420.2 1104.7 Jyoti CNC Auto. [2] 1258.8 12.1 104.3 19.2 202409 42.5 352.7 35.6 1137.0 -8.2 21.0 0.8 1501.7 370.1 Techno Elec.Engg [2] 1396.8 27.2 51.3 4.6 202409 -4.5 27.7 28.2 129.2 -14.8 15.6 0.0 1825.0 607.2
Tejas Networks 1062.4 26.0 40.9 5.0 202409 570.6 2077.1 408.0 793.5 -11.2 3.5 0.3 1495.1 652.1
E ...................................................................................................................................................................................................... K .....................................................................................................................................................................................................
The Ramco Cement [1] 918.0 11.7 78.5 3.0 202409 -12.7 -64.3 -2.4 -20.8 -6.9 8.1 0.7 1059.8 700.0
Easy Trip Plann. [1] 14.9 0.5 32.8 7.9 202409 2.1 -45.2 20.0 10.0 -4.3 40.5 0.1 27.0 14.2 K E C Intl. [2] 975.7 15.8 61.6 5.1 202409 13.7 53.0 11.6 124.3 -20.3 16.0 0.9 1312.0 597.0 Thermax [2] 3771.8 54.1 69.7 9.7 202409 13.4 24.9 15.0 21.2 -8.8 17.9 0.3 5835.0 2979.2
eClerx Services 3263.0 106.5 30.6 7.8 202409 15.2 3.1 12.5 3.2 -6.7 31.4 0.1 3875.2 2116.0 K P R Mill Ltd [1] 960.4 23.7 40.6 7.0 202409 -2.1 1.6 -7.7 2.6 -6.2 21.0 0.3 1192.6 700.1 Timken India 2886.4 52.5 54.9 8.4 202409 10.4 -3.3 8.4 10.3 -3.9 22.8 0.0 4816.0 2490.1
Eicher Motors [1] 5060.1 155.7 32.5 7.3 202409 3.8 8.3 9.4 19.2 -4.7 30.0 0.0 5386.6 3564.0 Kajaria Ceramics [1] 1069.6 23.9 44.7 6.3 202409 5.1 -21.9 4.5 -5.1 -6.2 21.9 0.1 1578.3 1057.6 Titagarh Rail [2] 1039.2 22.6 46.0 5.9 202409 13.0 15.0 10.6 43.4 -7.1 23.8 0.2 1896.5 782.1
EID Parry [1] 816.6 41.4 19.7 2.0 202409 3.0 -32.4 -10.5 -25.8 -10.0 29.8 0.3 997.6 540.0 Kalpataru Proj. [2] 1204.0 30.7 39.2 3.3 202409 9.1 41.2 15.5 21.9 -5.9 14.6 0.8 1449.2 707.0 Titan Company [1] 3439.4 36.5 94.2 31.4 202409 25.8 -23.1 21.3 -1.8 -0.3 22.5 1.2 3885.0 3059.0
EIH [2] 411.8 10.8 38.2 6.3 202409 11.0 41.1 15.4 46.3 -3.8 23.8 0.1 566.0 274.9 Kalyan Jewellers 626.6 6.1 103.1 14.8 202409 37.4 -3.4 33.0 20.5 -19.5 14.0 1.1 794.6 322.1 Torrent Pharma. [5] 3275.9 51.4 63.7 14.8 202409 7.7 17.4 9.4 29.6 -3.7 23.2 0.7 3590.0 2355.6
Elgi Equipments [1] 564.8 10.3 54.6 10.4 202409 7.8 3.8 7.0 -18.5 -2.0 22.4 0.4 799.0 525.0 Kama Holdings 2650.6 239.5 11.1 1.2 202409 7.7 -31.3 -0.2 -14.0 6.4 20.3 0.8 3098.0 2349.0 Torrent Power 1358.1 44.5 30.5 4.1 202409 3.1 -8.5 8.7 3.1 -10.2 14.5 1.0 2037.4 970.6
Emami [1] 589.6 17.8 33.1 9.8 202409 3.0 19.1 5.0 11.5 -4.0 31.9 0.0 859.2 417.6 Kansai Nerolac [1] 253.7 7.7 32.9 3.6 202409 -0.3 -30.7 1.3 2.1 -3.1 16.6 0.1 352.8 252.0 Trent [1] 6582.0 38.4 171.6 50.0 202409 39.4 44.3 59.5 147.5 -9.9 23.5 0.9 8345.9 2956.9
Endurance Tech. 2097.3 54.7 38.3 5.6 202409 14.4 31.3 17.8 36.7 -4.4 17.1 0.1 3059.1 1718.0 Kaynes Tech 6660.8 37.1 179.6 16.4 202409 58.5 86.4 69.4 96.1 -11.7 14.6 0.1 7825.0 2425.0 Trident [1] 31.4 0.6 49.7 3.7 202409 -4.7 -8.2 7.2 -29.6 -7.8 10.5 0.4 49.1 31.1
Engineers India [5] 173.0 6.6 26.3 4.1 202409 -12.8 -21.8 -10.4 -21.7 -7.8 22.1 0.0 304.0 170.0 KEI Industries [2] 4171.4 65.4 63.8 7.3 202409 17.2 10.4 16.8 18.2 -4.5 27.0 0.1 5040.4 2822.2 Triveni Turbine [1] 708.7 9.9 71.5 20.7 202409 29.2 41.6 27.0 35.2 -8.9 41.5 0.0 885.0 351.2
Equitas Sma. Fin 68.2 3.9 17.3 1.3 202409 14.4 -93.5 22.7 -40.2 2.8 0.0 0.0 116.5 61.4 KFin Technolog. 1376.3 17.4 79.2 19.4 202409 34.2 45.5 26.7 38.8 -6.5 30.2 0.1 1640.0 512.3 TTK Prestige [1] 787.9 15.6 50.6 5.9 202409 2.8 -10.8 2.9 -3.8 -3.6 14.6 0.1 1022.0 647.4
ERIS Lifescience [1] 1287.7 25.6 50.3 6.3 202409 47.6 -25.8 40.0 -9.6 -0.8 12.1 0.8 1593.0 810.1 KIOCL 385.9 -2.0 13.1 202409 -96.3 -423.6 -44.5 -298.1 -3.1 -2.0 0.2 576.6 308.0 Tube Investments [1] 3457.4 31.4 110.0 12.5 202409 14.7 -21.5 16.6 -29.4 -4.2 26.6 0.2 4807.1 3338.8
Esab India 5369.2 110.3 48.7 23.8 202409 11.9 12.4 12.0 6.8 -7.8 74.9 0.0 6991.2 4618.7 Kirl. Brothers [2] 2060.1 49.6 41.5 8.8 202409 13.4 89.7 9.3 30.1 -0.6 26.3 0.2 2684.7 838.1 TVS Holdings [5] 9845.0 470.4 20.9 6.0 202409 8.6 21.6 12.5 40.5 1.0 16.8 5.8 15115.3 7800.1
Escorts Kubota 3403.1 103.8 32.8 3.9 202409 0.4 54.0 4.3 29.4 1.1 16.1 0.0 4422.0 2647.5 Kirloskar Oil [2] 942.7 36.1 26.1 4.7 202409 15.0 56.0 13.5 41.5 -10.3 14.7 1.5 1450.0 668.1 TVS Motor Co. [1] 2281.9 39.7 57.4 14.0 202409 13.8 45.1 19.3 29.4 -8.1 15.1 3.9 2958.2 1873.1
Exide Inds. [1] 389.3 9.8 39.6 2.4 202409 1.8 -14.1 7.6 -3.9 -8.4 10.4 0.1 620.0 290.4 KNR Construct. [2] 322.5 39.8 8.1 2.2 202409 87.3 208.4 29.0 121.8 -7.0 25.4 0.3 415.0 236.7
Kotak Mah. Bank [5] 1756.8 96.7 18.2 3.2 202409 19.8 13.1 24.9 12.0 -4.5 0.0 0.0 1953.0 1544.2 U .....................................................................................................................................................................................................
F ...................................................................................................................................................................................................... KPIT Technologi. 1369.7 26.5 51.7 15.0 202409 22.7 45.3 27.9 48.7 -5.5 34.6 0.2 1928.8 1283.3 UCO Bank 40.9 1.8 22.2 2.0 202409 16.5 50.4 17.2 19.8 -9.0 0.0 0.0 70.7 39.2
FDC [1] 489.2 19.4 25.2 3.5 202409 5.7 3.2 11.0 26.0 -4.2 19.2 0.0 659.0 402.6 Krishna Institu. [2] 649.2 8.3 78.4 13.0 202409 19.1 16.7 12.9 -3.1 3.5 18.4 0.6 668.0 350.0 Ujjivan Small 34.6 6.0 5.7 1.2 202409 15.9 -28.9 25.2 -7.2 0.4 0.0 0.0 61.8 32.0
Federal Bank [2] 188.9 16.8 11.2 1.4 202409 21.0 10.3 25.5 12.5 -8.0 0.0 0.0 216.9 139.5 UltraTech Cem. 10866.2 227.9 47.7 5.1 202409 -2.4 -36.0 4.3 15.5 -7.8 15.0 0.2 12143.9 9250.1
Fine Organic [5] 4453.7 143.5 31.0 6.4 202409 10.2 13.6 -10.8 -4.1 -1.5 31.3 0.0 5950.0 4005.0 L ......................................................................................................................................................................................................
Union Bank (I) 103.6 20.1 5.2 0.8 202409 8.7 33.0 15.3 28.8 -16.5 0.0 0.0 172.5 103.1
Finolex Cables [2] 1038.4 45.7 22.7 3.1 202409 10.5 -23.5 8.4 8.5 -10.1 18.5 0.0 1700.0 833.0 L&T Finance Ltd 139.4 10.3 13.5 1.4 202409 25.1 16.9 14.5 35.2 -2.8 8.2 3.6 194.2 134.1 United Breweries [1] 2032.0 17.9 113.8 12.7 202409 12.0 23.2 13.3 66.0 -4.5 13.4 0.0 2202.9 1645.8
Finolex Inds. [2] 220.3 7.7 28.6 2.0 202409 -6.2 -58.5 -2.4 4.2 -11.3 11.8 0.1 355.7 203.7 L&T Technology [2] 4929.8 123.8 39.8 9.3 202409 7.8 1.3 8.4 3.7 2.9 34.0 0.1 5990.0 4228.0 United Spirits [2] 1538.6 19.8 77.8 14.7 202409 -0.9 8.1 5.3 12.0 -8.6 27.8 0.0 1700.0 1055.7
Firstsour.Solu. 378.7 7.6 50.0 6.9 202409 25.4 9.3 13.9 -2.9 -5.6 15.4 0.4 422.8 176.7 Larsen & Toubro [2] 3535.3 97.8 36.1 5.5 202409 20.6 5.4 17.3 10.5 -3.4 14.5 1.4 3963.0 3175.5 Uno Minda [2] 1102.0 15.7 70.2 11.9 202409 17.2 6.1 22.9 21.4 3.2 20.9 0.3 1252.9 605.1
Five-Star Bus.Fi [1] 677.6 33.1 20.5 3.5 202409 35.3 34.4 40.1 38.3 -14.2 15.8 1.1 943.2 601.0 Latent View [1] 456.5 8.3 55.2 6.7 202409 34.2 17.2 23.0 11.1 -9.0 15.2 0.0 575.0 430.1 UPL [2] 548.4 -27.0 1.5 202409 9.0 -363.5 -10.6 -213.3 3.5 3.8 1.0 599.5 429.7
Fortis Health. 687.3 9.2 75.0 6.6 202409 12.3 29.2 10.3 31.3 -6.2 9.7 0.1 744.0 375.1 Laurus Labs [2] 583.5 2.4 240.0 7.6 202409 -0.1 -46.3 -5.2 -64.4 -4.5 6.3 0.6 619.5 358.7 Usha Martin [1] 345.1 14.0 24.6 4.1 202409 13.6 0.2 1.7 7.1 -6.2 21.7 0.2 450.9 272.7
FSN E-Commerce [1] 169.5 0.1 1132.2 37.1 202409 24.4 71.6 24.3 116.7 1.0 6.5 0.7 229.9 140.0 Laxmi Organic [2] 225.5 4.8 46.6 3.4 202409 18.2 162.3 7.5 33.2 -7.0 9.6 0.2 325.5 220.0 UTI AMC 1190.5 65.8 18.1 3.5 202409 33.2 30.8 31.7 49.4 -12.7 24.2 0.0 1408.0 805.0
Lemon Tree Hotel 140.3 1.9 73.2 10.9 202409 25.2 30.9 24.6 16.7 -11.7 12.6 2.5 162.3 112.3
G ..................................................................................................................................................................................................... LIC Housing Fin. [2] 555.1 88.8 6.3 0.9 202409 2.5 11.4 6.3 17.3 -8.9 8.8 8.5 827.0 544.7 V ......................................................................................................................................................................................................

G M D C [2] 297.8 20.0 14.9 1.5 202409 54.9 71.4 -7.6 -36.5 -8.8 12.5 0.0 505.0 295.5 Life Insurance 839.1 65.6 12.8 5.4 202409 21.8 -19.8 6.1 -9.7 -7.6 1.0 0.0 1221.5 815.1 Vardhman Textile [2] 473.9 27.5 17.2 1.5 202409 4.4 46.6 0.3 49.7 -6.9 8.8 0.2 592.3 384.6
GNFC 546.8 30.6 17.9 1.0 202409 -7.8 -42.3 -6.2 -51.7 -3.6 6.9 0.0 791.4 525.0 Linde India 6442.4 52.2 123.3 15.3 202409 -10.8 -2.1 -4.9 6.6 1.9 17.0 0.0 9909.0 5320.0 Varroc Engineer [1] 600.0 34.5 17.4 5.7 202409 10.3 2.7 10.2 215.1 -5.2 14.8 1.3 717.0 432.2
G R Infraproject [5] 1321.5 95.2 13.9 1.6 202409 -25.9 -16.2 -10.8 -25.8 -8.8 16.9 0.7 1860.0 1109.2 Lloyds Metals [1] 1451.2 28.1 51.7 13.1 202409 25.0 30.3 46.9 29.4 0.8 78.3 0.0 1477.5 522.4 Varun Beverages [2] 596.0 7.5 79.3 12.5 202409 24.1 23.7 21.8 27.2 -8.6 27.8 0.8 682.8 478.5
G S F C [2] 195.2 13.3 14.7 0.6 202409 -15.5 -3.5 -20.6 -50.0 -5.0 5.6 0.0 322.5 187.7 LMW 16015.2 187.4 85.4 6.2 202409 -41.8 -78.8 -28.0 -51.9 -4.9 17.2 0.0 19031.213000.1 Vedant Fashions [1] 1181.0 16.6 71.2 18.8 202409 22.7 37.3 2.5 0.8 -6.1 29.1 0.3 1511.2 886.1
GAIL (India) 179.6 17.6 10.2 1.4 202409 2.7 10.2 0.9 118.4 -6.0 13.7 0.3 246.4 155.9 LTIMindtree [1] 6125.0 157.1 39.0 8.6 202409 5.9 7.7 4.5 5.1 6.8 31.0 0.1 6764.8 4518.4 Vedanta [1] 431.9 25.8 16.7 4.5 202409 -3.6 81.1 -0.3 156.5 -5.7 17.6 2.4 527.0 249.8
Galaxy Surfact. 2478.1 88.4 28.0 3.9 202409 8.1 9.4 -2.1 -10.3 -2.4 17.3 0.1 3366.3 2241.1 Lupin [2] 2190.5 57.6 38.1 6.4 202409 11.3 74.1 15.0 97.3 -7.5 15.3 0.3 2403.5 1367.5 V-Guard Industri [1] 397.1 6.8 58.3 9.0 202409 14.1 7.5 18.1 37.9 -7.4 17.3 0.3 577.4 286.0
Garden Reach Sh. 1471.9 33.6 43.8 9.2 202409 28.4 21.1 38.9 39.1 -10.4 27.0 0.1 2834.6 674.3 Vinati Organics [1] 1693.1 35.7 47.5 6.8 202409 19.5 44.1 7.2 4.6 -5.1 18.4 0.0 2331.1 1462.7
Garware Tech. 781.0 22.7 34.4 6.9 202409 28.1 25.7 10.0 17.7 -14.4 22.8 0.1 985.2 623.2 M ....................................................................................................................................................................................................
Voltas [1] 1665.6 16.8 99.4 8.8 202409 14.7 265.3 36.0 80.6 -9.1 8.4 0.1 1946.2 989.4
GE Shipping Co 937.7 198.3 4.7 1.0 202409 10.2 -3.2 4.0 12.4 -4.9 19.7 0.3 1542.8 890.1 M & M [5] 3092.1 95.4 32.4 5.5 202409 9.9 35.1 11.2 10.3 -3.0 13.8 1.6 3237.6 1575.3
General Insuranc [5] 428.8 41.5 10.3 1.3 202409 -10.7 9.9 -2.8 9.8 -6.4 12.1 0.0 525.0 280.3 M & M Fin. Serv. [2] 275.8 17.6 15.6 1.7 202409 16.5 38.5 20.8 10.0 -0.3 8.8 4.7 342.9 246.3 W ....................................................................................................................................................................................................
Gillette India 9642.4 138.7 69.5 32.4 202409 17.1 43.5 8.8 25.0 -2.6 52.6 0.0 10652.1 6191.0 MRPL 140.7 5.2 27.0 2.0 202409 29.0 -166.3 6.4 -75.9 -5.7 24.6 1.3 289.3 134.5 Welspun Corp [5] 752.8 42.1 17.9 3.3 202409 -18.7 -23.1 7.2 36.4 -7.4 21.4 0.5 835.0 441.0
Gland Pharma [1] 1784.4 42.0 42.5 3.4 202409 2.4 -15.7 36.8 -5.7 -6.2 13.4 0.0 2221.0 1590.0 Macrotech Devel. 1284.2 21.6 59.6 7.2 202409 50.1 109.5 47.9 40.5 -8.2 10.8 0.6 1648.0 978.0 Welspun Living [1] 147.8 7.3 20.3 3.2 202409 14.5 2.2 19.3 34.8 -9.5 15.4 0.6 213.1 122.6
Glaxosmi. Pharma 2190.1 47.3 46.3 22.2 202409 5.6 14.6 7.6 26.1 -2.3 45.0 0.0 3088.0 1825.1 Mah. Scooters 9432.6 152.8 61.7 0.4 202409 -20.8 -23.6 -19.9 -13.6 -2.9 0.9 0.0 12847.5 6702.0 Westlife Food [2] 792.2 1.4 571.6 20.8 202409 0.7 -98.4 -0.1 -79.9 -1.0 10.8 2.2 959.5 674.8
Glenmark Pharma. [1] 1540.7 -70.3 5.2 202409 7.6 414.9 -0.7 -493.0 -5.8 12.1 0.3 1830.1 766.7 Mah. Seamless [5] 662.1 63.0 10.5 1.5 202409 -15.9 -12.1 -11.2 -14.5 -11.2 22.6 0.0 1099.1 562.7 Whirlpool India 1701.1 24.8 68.6 5.7 202409 12.6 42.2 14.4 58.2 -9.2 8.3 0.1 2450.0 1186.9
Global Health [2] 1073.6 18.2 59.1 9.2 202409 13.3 4.5 14.5 19.4 -1.5 16.5 0.6 1513.8 936.1 Mahanagar Gas 1286.0 115.6 11.1 2.3 202409 13.7 -16.2 3.8 -0.5 -2.1 36.1 0.0 1988.6 1075.0 Wipro [2] 300.6 11.2 26.8 3.9 202409 -1.0 21.3 -3.4 0.8 2.1 16.4 0.2 320.0 208.4
GMR Airports [1] 74.5 -1.0 -46.3 202409 20.9 -621.1 23.8 -82.6 -5.4 0.0 0.0 103.7 70.6 Mahindra Holiday 358.1 5.6 63.6 -21.1 202409 2.4 -35.5 6.8 72.1 -4.9 4.3 0.0 504.4 346.7
Godfrey Phillips [2] 4774.0 181.5 26.3 5.3 202409 19.3 22.9 21.0 17.5 -6.6 22.1 0.1 8480.0 2065.5 Mahindra Life.
Manappuram Fin. [2]
429.9
180.3
7.7 55.5
26.7 6.8
3.6
1.2
202409 -57.2
202409 21.9
-174.0
2.2
-47.7
27.5
638.7
21.5
-7.5
-3.8
2.0
13.8
0.3 679.2
3.0 230.3
427.4
138.4
Y ......................................................................................................................................................................................................
Godrej Agrovet 743.3 20.6 36.0 6.0 202409 -4.8 6.6 -2.4 10.7 -1.9 14.9 0.6 877.9 475.7 Yes Bank [2] 18.0 0.6 31.4 1.2 202409 15.2 147.8 18.4 114.3 -10.0 0.0 0.0 32.8 17.9
Godrej Consumer [1] 1174.4 17.7 66.4 9.9 202409 2.2 12.2 1.6 -1.6 5.2 18.9 0.2 1541.3 1055.6 Mankind Pharma [1] 2738.3 51.3 53.4 8.3 202409 13.6 30.4 16.8 35.8 -6.8 27.9 0.0 3050.0 1910.1
Godrej Industrie [1] 993.5 12.0 82.7 3.9 202409 22.0 229.5 0.4 -54.0 -13.5 6.7 3.0 1314.0 724.4 Marico [1]
Maruti Suzuki [5]
672.9
11621.7
12.3 54.9 18.7
446.0 26.1 4.1
202409
202409
7.6
0.1
19.8
-18.1
3.6
10.4
12.6
22.7
1.8
-2.7
42.4
21.0
0.2 719.8
0.0 13675.0
486.8
9738.4
Z ......................................................................................................................................................................................................
Godrej Propert. [5] 2385.9 46.1 51.7 4.3 202409 218.7 401.8 15.0 109.6 -12.6 6.3 0.9 3400.0 2095.9 Zee Entertainmen [1] 125.2 4.5 28.1 1.1 202409 -17.9 13.8 -3.4 37.1 -0.3 6.2 0.0 263.9 114.4
Granules India [1] 593.9 20.1 29.6 4.2 202409 -19.5 -4.8 -1.4 23.7 -2.0 15.2 0.4 724.6 382.1 Mastek [5] 2943.5 119.0 24.7 4.0 202409 13.3 97.2 13.5 35.1 -4.0 16.8 0.2 3375.0 2137.3 Zensar Tech. [2] 780.2 28.6 27.3 4.8 202409 5.4 -10.5 3.1 23.4 -1.8 24.9 0.1 838.5 512.8
Graphite India [2] 525.1 23.9 22.0 1.8 202409 -18.9 496.0 -9.0 418.6 -7.9 1.4 0.1 709.5 460.0 Max Financial [2] 1077.8 10.0 108.0 7.2 202409 31.6 -23.9 37.4 -32.0 -2.8 8.6 0.1 1311.2 855.1 ZF Commercial [5] 11391.2 215.9 52.8 7.3 202409 -8.1 3.3 -2.6 4.5 -2.7 20.6 0.0 18100.111292.4
Grasim Inds [2] 2365.4 74.4 31.8 1.7 202409 11.1 -62.5 14.4 -19.9 -5.7 8.2 1.4 2875.5 2015.2 Max Healthcare 1149.5 10.9 105.5 12.7 202409 25.3 1.9 20.1 7.0 -2.3 15.0 0.1 1227.5 695.4 Zomato Ltd [1] 243.0 0.8 316.0 7.9 202409 68.5 388.9 71.1 249.1 -10.9 1.0 0.0 304.5 121.7
Grindwell Norton [5] 1873.6 33.8 55.4 10.1 202409 4.4 -5.6 5.8 -1.0 -3.1 25.2 0.0 2959.5 1834.0 Mazagon Dock [5] 2222.5 63.7 34.9 12.3 202409 50.8 75.8 34.0 93.7 -0.6 40.1 0.0 2930.0 898.6 Zydus Lifesci. [1] 1004.1 42.5 23.6 4.6 202409 20.1 13.6 13.9 34.1 2.9 23.9 0.1 1323.9 685.9
Guj Pipavav Port 166.3 8.2 20.2 3.5 202409 -10.1 -16.2 4.5 11.1 -9.3 22.1 0.0 250.5 153.1 Medplus Health [2] 834.4 8.4 99.5 6.1 202409 11.9 166.1 16.8 71.8 0.3 6.7 0.6 876.8 598.0 Zydus Wellness 1889.8 49.3 38.3 2.2 202409 12.1 166.1 11.0 3.8 -4.6 5.1 0.1 2484.0 1441.8

CM
YK ... . . . . .. .ND-NDE
 Safe Investing . bl . 9
DELHI

businessline.portfolio
SUNDAY - JANUARY 12 - 2025

Venkatasubramanian K
bl. research bureau Bank FD interest rates (%)
1 to 2 2 to 3 3 to 5
Bank <1 year w.e.f
years years years
It is rare for life insurers to offer

‘Wish’ for
products similar to what their FOREIGN BANKS
general insurance counterparts DBS Bank 6 7.5 7 6.5 Dec 11
do. ICICI Prudential Life has
Deutsche Bank 7 8 8 7.5 Jun 10
come out with ‘Wish,’ a term in-
surance-like product with HSBC 4.5 7.5 7 7 Oct 03
health cover rider-like features,
directed specifically at women.
The company has launched
two health plans that would pay
the sum assured or a portion of
women Scotia Bank
Standard Chartered
INDIAN: PUBLIC SECTOR BANKS
Bank of Maharashtra
3.7
7

7.35
3.9
7.5

7.1
7.2

7.25
4
7.1

6.5
4 Jan 01
Oct 05

Dec 11
it in case of diagnosis major/ Bank of Baroda 6.5 7.3 7.15 6.8 Oct 14
minor critical illnesses, and in Bank of India 6 7.3 6.75 6.5 Sep 27
instances where major/minor
surgeries are required. Canara Bank 6.25 7.3 7.4 7.4 Dec 01
There is an additional mater- Central Bank of India 6.25 7.45 6.5 6 Aug 10
nity care benefit that also caters Indian Bank 7.05 7.25 6.7 6.25 Jun 12
to childbirth related Indian Overseas Bank 5.75 7.3 6.8 6.5 Jul 15
complications.
If there are no illnesses or Punjab National Bank 7.05 7.25 7 6.5 Jan 01
surgeries during the entire Punjab & Sind Bank 7.2 7.5 7.4 6.75 Jan 01
period of policy coverage, noth- State Bank of India 6.5 7.25* 7 6.75 Jun 15
ing would be payable to the
UCO Bank 7.3 7.05 6.3 6.2 Sep 24
policyholder.
There are a few interesting TAKING COVER. ICICI Pru Life Union Bank 6.35 7.3 6.7 6.5 Jan 01
features such as the premium INDIAN: PRIVATE SECTOR BANKS
remaining the same through the policy’s vital care covers 11 Axis Bank 6 7.25 7.1 7.1 Oct 21
entire coverage period and a
premium sabbatical while still
women-specific critical illnesses, Bandhan Bank 4.5 8.05 7.25 7.25 Sep 13
enjoying the benefits. five major and 6 minor ailments Catholic Syrian 7.25 8 5.75 7.1 Jan 02
Read on for more on the new City Union Bank 7.5 7 6.5 6.25 Sep 01
ICICI Prudential Life Wish DCB Bank 7.25 8.05 7.55 7.75 Jun 07
policy.
Dhanlaxmi Bank 5 7.25 6.5 7.25 Nov 18
MULTIPLE COVERAGES clude seven cancers, myocardial premium to be paid when your for policyholders. Federal Bank 6.5 7.35 7.4 7.4 Dec 16
f1ccf833-44c4-4575-b5cd-33fe76bd21c0

f1ccf833-44c4-4575-b5cd-33fe76bd21c0
As mentioned earlier, there are infarction, rheumatoid arthritis, POLICY BRIEF policy enters the final year, HDFC Bank 6 7.25 7.35 7.4 Jul 24
two options offered to policy- and a couple of other diseases. would be waived off. SHOULD YOU BUY?
 Health Care Plan covers ICICI Bank 6 7.25 7 7 Jan 10
holders. Minor critical illnesses in- The policy covers home- ICICI Prudential Life Wish of-
minor/major critical IDBI Bank 7.05 7.4 7 6.5 Dec 23
The Health Care Plan covers clude urinary incontinence, makers as well, though the sum fers some unique and innovative
minor and major critical ill- thyroid disorders, uterine pro- illnesses and surgeries assured is reduced. features. However, the costly IDFC First Bank 5.75 7.9 6.8 6.75 Nov 26
nesses under the ‘vital care’ be- lapse among others.  Promises unchanged premiums are major dampen- IndusInd Bank 6.5 7.99 7.25 7.25 Nov 26
nefit and against surgeries un- On diagnosis of major critical premiums for the entire HIGH ON PREMIUM ers. The coverage too is a tad
der the ‘surgical care’ benefit. illnesses during the coverage coverage term The premium cost would be bet- narrow as it is focused on wo- J & K Bank 6.25 7 7 6.75 Aug 11
The other option is the period, 100 per cent of the vital  Offers a sabbatical on ter understood with an illustra- men. It is pertinent to note that Karnataka Bank 6.25 7.5 6.5 6.5 Jan 02
Health Care Plus Plan that care sum assured will be paid, premium for one year tion. Let’s take the example of a riders taken with a regular Kotak Bank 7 7.4 7.15 7 Jun 14
provides the vital care and sur- and the policy would be during the policy period 30-year-old working woman health insurance policy cater to Karur Vysya Bank 7.4 7.5 7.6 7 Nov 22
gical care benefits and an addi- terminated. seeking ₹50 lakh vital care bene- the same needs as this policy
tional maternity care benefit. If a minor critical illness is fit (and₹25 lakh surgical care be- and they do so for much lower RBL Bank 6.05 8 7.5 7.1 Dec 15
The vital care benefit is avail- diagnosed, a fixed percentage of per cent of the surgical care sum nefit). premiums, apart from being ef- South Indian Bank 6.55 7.4 7 7.2 Dec 21
able for sum assured of ₹10 lakh the cover amount (10 per cent, assured would be paid and the Further, it is assumed that she fective. For example, ICICI Tamilnad Mercantile Bank 7.6 7.5 6.75 6.5 Oct 17
to ₹50 lakh. ICICI Prudential 50 per cent or 100 per cent de- cover would be terminated. takes the regular premium pay- Lombard’s Elevate health insur-
TNSC Bank 6.75 7.75 6.75 6.5 NA
Life Wish offers coverage for 8- pending on the ailment) would Here too, the vital care bene- ment option, and seeks a cover ance, which we reviewed a few
30 years under the regular pay be paid and the vital care cover fit would continue. for a period of 30 years. There is months ago, offers large covers Yes Bank 6.35 7.75 7.25 7.25 Nov 05
option. would continue with the re- The policy has regular and a discount offer for the first-year with many unique and useful SMALL FINANCE BANKS
The surgical care benefit car- maining amount (sum assured limited premium payment op- premium alone. riders at lower premiums. A AU Small Finance Bank 7.25 8 7.5 7.5 Jun 07
ries 50 per cent of the sum as- minus paid out amount). tions. Even if the policy cover- So, her annual premium for family of four with the eldest
Equitas Small Finance Bank 7 8.15 8.25 7.5 Dec 02
sured in the vital care option. The surgical care benefit cov- age runs for 25-30 years, the in- the first year (if purchased on- person being 40 years old can
There are separate premiums ers nine women-specific surger- surer has stated that the line) works out to ₹67,823 for get a ₹3 crore cover for ₹56,235 ESAF Small Finance Bank 6 8.25 8.25 6.75 Jan 01
charged for each benefit. ies (five major and four minor premiums would remain the the vital care benefit and (excluding GST) from the gen- Jana Small Finance Bank 7.5 8.25 8.25 8.2 Jan 02
Those opting for the mater- surgeries). same for the entire period. ₹11,085 for the surgical care be- eral insurer, while an unlimited Suryoday Small Fin Bank 7.25 8.5 8.6 8.25 04-Sep
nity care benefit will get 25 per When diagnosed with the Also, ICICI Prudential Wish nefit. sum assured will cost a little
cent of the surgical care sum as- need for a major surgery, 100 per allows you a premium sabbat- The total premium payable is more with an annual premium Ujjivan Small Finance Bank 7.5 8.25 7.75 7.2 13-Sep
sured additionally by paying an cent of the surgical care sum as- ical. thus ₹78,908. From the second of ₹60,781. Such large sum as- *Data as on respective banks’ website on January 10, 2025; For each year range, the maximum
extra premium. sured would be paid and this So, you can skip one premium year onwards till the 30th year, sured from the ‘Elevate’ policy, offered interest rate is considered; interest rate is for a normal fixed deposit amount below ₹1
The vital care part covers 11 cover would cease. payment in your entire policy the total premium is ₹87,675 offered at lower premiums, crore. Compiled by BankBazaar.com; *w.e.f. July 15, 2024

women-specific critical ill- But the vital care benefit period and still continue to en- (₹75,358 plus ₹12,317). All fig- caters to all illnesses including
nesses: five major and six minor
ailments.
would continue with premiums
payable for this benefit alone.
joy the benefits. Interestingly, if
you pay all the premiums
ures mentioned above include
18 per cent GST. Clearly the
critical ailments for women or
men, and thus offers a better al-
ALERTS.
Major critical illnesses in- In case of a minor surgery, 40 without skipping any, the last premiums are quite expensive ternative to policyholders.
WSFx launches new forex card

WSFx, formerly ‘Wall Street Finance’, a forex fintech

company has announced the launch of WSFx Student Pay, a
INSURANCE QUERY. forex card in collaboration with Visa. The card comes with
features such as ‘Tap & Pay’ technology to make quick,
contactless payments. Zero forex conversion charges, one
free ATM withdrawal per month, lounge access and a
extensive range of medical services care delivery and prompt resolution of rewards programme are other key salient features of the
delivered by empanelled doctors who concerns. Throughout your recovery card. WSFx also provides the WSFx Global Pay app.
conduct regular home visits to monitor journey, the team ensures efficient
your condition and adjust treatment management of all care aspects, from
protocols. The policy covers all essential vital signs monitoring to follow-up
ANAND ROY diagnostic services through consultations.
NABL-accredited laboratory partners, Cost-effectiveness: Home
As a 42-year-old IT professional in providing home sample collection for healthcare expenses are treated at par
Mumbai with a ₹-10 lakh health blood tests, platelet monitoring, and with hospitalisation charges, subject to
insurance policy, does my plan cover other pathology tests. Medical your overall sum insured of ₹10 lakh. At
home healthcare for infectious treatments include IV fluid Star Health insurance, India’s largest
diseases like dengue or malaria? If so, administration, medication delivery and retail health insurance company, we have
what specific services are typically prescribed therapies. When required, implemented a simplified claims process
included (such as doctor visits, qualified nursing staff provide care based specifically for home healthcare services
nursing care, IV fluids, and blood on the treatment protocol, including and are now live in 100 locations to
tests), and how does the coverage administering IV fluids, managing wound ensure smooth delivery of care. This
compare to hospital admission in care, and assisting with recovery tasks. comprehensive approach combines the
terms of limits, co-payments, and Benefits: The home healthcare convenience of home-based care with
pre-authorisation requirements? programme offers distinct advantages professional medical supervision,
Shyamala over traditional hospitalisation. It making it a cost-effective, safer, and more
eliminates waiting times associated with convenient option for treating infectious
GETTY IMAGES
As a 42-year-old IT professional in hospital appointments, admissions, and diseases.
Mumbai with a ₹10 lakh health insurance discharge procedures. The team and Members can access these services
policy, you are eligible for comprehensive network providers manage the entire approach allows recovery in familiar through a dedicated 24/7 home
home healthcare (HHC) services for pre-authorisation process internally, surroundings, potentially contributing to healthcare helpline. The team
infectious diseases like dengue or minimising administrative hassles faster healing. The network providers coordinates the initial teleconsultation
malaria, provided the treatment meets during your illness. Significantly, there maintain strict clinical protocols and are and arranges subsequent care based on
the medical necessity criteria. The are no co-payments or non-payable equipped with modern medical medical requirements, ensuring a
coverage is specifically designed to charges, resulting in zero out-of-pocket equipment to ensure hospital-equivalent seamless healthcare experience while
deliver hospital-grade care within your expenses, provided the treatment falls care at home. maintaining high standards of medical
residence, beginning with a within your sum insured and follows Quality assurance remains paramount care. The entire system supports your
teleconsultation where the network approved medical protocols. through rigorous verification of recovery journey with prompt, efficient,
doctors evaluate your condition and Home-based care substantially healthcare network partners and strict and quality healthcare, eliminating the
determine the suitability of home-based reduces the risk of hospital-acquired adherence to medical standards. A stress of hospital admission procedures.
treatment. infections, which is crucial when dedicated case management team
Coverage: Your coverage includes an managing infectious diseases. This monitors each case, ensuring optimal The writer is MD & CEO, Star Health and Allied Insurance

Health insurance premium tracker Term insurance premium tracker

For a 30-year-old male, non-smoker, sum insured of ₹10 lakh living in a metro city For a 30-year-old male/female, non smoker, living in a metro city, Sum assured ₹1 crore with coverage up to 70 yrs

Insurer Plan name Key features Premium (₹) Max Max

Annual premium (~) Claim
coverage policy
Insurance company Plan name (inclusive of GST) settlement
Unlimited restoration of cover; No room rent limit; up to term
Niva Bupa Health ReAssure 11,694 ratio (%)
Carry forward unutilised sum insured up to 5x (years) Male Female
7x sum insured in 5 years; Unlimited restoration Aditya Birla Capital Digishield Plan 85 55 15,066 12,687 98.1
Care Care supreme 11,149
of cover; Wellness benefit up to 30%
Bandhan Life iTerm Prime 70 40 14,282 11,756 99.7
Comprehensive plan; Mid term inclusion of wife and
Star Health Star Comprehensive 11,476
child; Unlimited restoration of cover Bajaj Allianz eTouch 99* 69 11,996 10,426 99.0
Activ Health No room rent limit; Up to 100% discount on renewal; Canara HSBC Life Young Term Plan - Life Secure 99 69 12,997 10,857 99.0
Aditya Birla 11,212
Platinum Enhanced Premium waiver for critical illness
Edelweiss Tokio Zindagi Protect 100 70 15,528 12,735 99.2
Bajaj Allianz Individual Health No room rent limit; No claim bonus;
12,212 HDFC Life Click 2 Protect Super 100 70 15,863 13,484 99.4
General Guard - Gold OPD up to 10K optional
OPD cover up to 30K; Unlimited restoration of cover; ICICI Prudential iProtect Smart 99 69 16,286 14,365 97.8
Manipal Cigna Prime – Advantage 12,513
Unique switch off benefit Kotak Life Kotak e-Term Plan 85 67 13,452 11,210 98.8
Global coverage along with OPD and dental; Max Life Smart Secure Plus 85 55 14,798 11,674 99.5
TATA AIG Medicare Premier 13,663
Coverage for consumables
PNB Met Life Mera Term Plan Plus 80 50 15,930 12,980 99.1
2X coverage from Day 1; Sum insured doubles
HDFC Ergo Optima Secure 15,132 SBI Life eShield Next 100 70 17,495 14,654 97.1
after 2 years; Zero deductions on non-medical
Health AdvantEdge PED Coverage after 2 Years; Surrogacy & IVF; TATA AIA Life SRS Vitality Protect 100 70 12,510 10,634 99.0
ICICI Lombard 11,831
Apex Plus OPD- BeFit C(Optional)
Claim settlement ratio as per data provided by insurer Source: www.policybazaar.com, Date: Jan 10, 2025
Premium is calculated on the basis of age of insured member, location, Plan type and Sum insured; Health insurance covers medical expenses that Max Life offers additional 5% discount for 1st year for salaried customers; *Whole life available only on limited pay option; HDFC whole is available
arise due to an illness and benefits will be payable subject to the terms and conditions and exclusions of the Policy. only in limited payterm(Life Protect) & Limited+Single payterm(Income Plus); SBI eShield Next plan whole life is available only in limited pay with
Date: Jan 10, 2025. Source: www.policybazaar.com above age 45yrs

CM
YK . . . . . . . . ND-NDE
 10 . bl . Star Track MF Ratings
DELHI

businessline.portfolio
SUNDAY - JANUARY 12 - 2025

bl. rating Scheme Name Latest Latest Expense Ratio (%) Trailing Returns (%) Sortino bl. rating Scheme Name Latest Latest Expense Ratio (%) Trailing Returns (%) Sortino
NAV Corpus 5 Year 10 Year Ratio NAV Corpus 5 Year 10 Year Ratio
Regular Direct 1 Year 3 Year Regular Direct 1 Year 3 Year
(₹) (₹ Cr) CAGR CAGR CAGR CAGR (%) (₹) (₹ Cr) CAGR CAGR CAGR CAGR (%)

★★★ HSBC Small Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 83.7 17386 1.7 0.7 19.8 19.9 29.1 19.5 0.53
EQUITY - SECTOR - BANKING FUNDS
★★★ LIC MF Small Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 32.5 465 2.5 1.4 30.5 20.9 28.5 - 0.54
★★★ SBI Small Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 170.4 33496 1.6 0.7 18.1 16.4 25.6 19.4 0.55
★★★★★ Sundaram Fin Serv Opport . . . . . . . . . . . . . . . . . . .. . . . . . . . 91.7 1424 2.1 0.8 4.6 14.3 13.5 12.2 0.26
★★★ Union Small Cap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 48.2 1685 2.1 1.0 14.3 16.1 27.1 14.6 0.54
★★★★ Invesco India Fin Serv . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 121.3 1148 2.2 0.9 13.9 15.3 13.6 13.6 0.26
★★ Franklin Ind Smaller Companies . . . . . . . .. . . . . . 170.4 14069 1.7 0.9 14.7 21.6 27.2 16.5 0.51
★★★★ SBI Banking & Fin Serv . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 36.4 6622 1.8 0.7 14.3 13.2 12.6 - 0.24
★★ HDFC Small Cap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 133.8 33893 1.6 0.7 14.5 19.6 27.7 18.0 0.51
★★★ Aditya Birla SL Bank & Fin Serv. . . . . . . . . . . .. . . . . . . . 53.0 3173 2.0 1.1 4.8 10.1 11.0 12.3 0.21
★ Aditya Birla SL Small Cap . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 83.8 5100 1.9 1.0 13.5 13.7 21.4 13.7 0.41
★★★ ICICI Pru Banking & Fin Serv . . . . . . . . . . . . . . . . .. . . . . . 116.9 8987 1.8 1.0 10.3 10.7 10.8 12.1 0.20
★ Sundaram Small Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 249.1 3401 1.9 0.8 14.3 16.7 25.9 13.8 0.47
★★★ Nippon Ind Banking & Fin Serv . . . . . . . . . . . .. . . . . . 546.6 6282 1.9 1.1 7.2 14.4 13.2 11.9 0.24
- Bank of India Small Cap . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 46.9 1658 2.0 0.5 22.3 18.6 34.2 - 0.71
★★★ Tata Banking and Fin Serv . . . . . . . . . . . . . . . . . . . .. . . . . . . . 37.0 2345 2.0 0.5 5.3 12.1 11.3 - 0.23
- Canara Robeco Small Cap. . . . . . . . . . . . . . . . . . . . .. . . . . . . . 38.1 12544 1.7 0.5 15.3 16.6 30.7 - 0.62
★★ Baroda BNP Paribas Bank&Fin Serv . .. . . . . . . . 41.8 213 2.4 1.0 8.3 11.9 9.8 9.9 0.20
- Edelweiss Small Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 43.3 4428 1.8 0.4 18.6 19.6 30.5 - 0.60
★★ LIC MF Banking & Fin Serv . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 18.4 256 2.4 1.1 -3.1 9.0 8.3 - 0.17
- ICICI Pru Smallcap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 83.5 8258 1.8 0.8 10.5 16.6 25.7 15.5 0.48
★ UTI Banking and Fin Serv . . . . . . . . . . . . . . . . . . . . . .. . . . . . 164.1 1154 2.2 1.2 6.8 11.3 9.6 9.1 0.19
- Invesco India Smallcap . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 40.8 6298 1.8 0.4 27.7 22.3 29.6 - 0.58
- Taurus Banking & Fin Serv . . . . . . . . . . . . . . . . . . . .. . . . . . . . 47.4 11 2.5 1.8 4.4 9.9 10.0 9.9 0.20
- Tata Small Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 40.0 9699 1.7 0.3 23.4 20.9 29.8 - 0.61
EQUITY - SECTOR - IT FUNDS
EQUITY - FOCUSED FUNDS
★★★★★ ICICI Pru Technology. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 216.3 14275 1.8 1.0 28.0 8.1 29.7 18.0 0.58
★★★★★ 360 ONE Focused Equity. . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 43.9 7112 1.8 0.9 11.0 11.7 19.1 15.3 0.39
bl. rating Scheme Name Latest Latest Expense Ratio (%) Trailing Returns (%) Sortino ★★★★ Tata Digital India . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 54.0 12963 1.7 0.4 32.0 10.3 28.6 - 0.58
NAV Corpus 5 Year 10 Year Ratio ★★★★★ ICICI Pru Focused Equity . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 82.4 9984 1.7 0.6 21.6 17.7 22.9 13.6 0.56
Regular Direct 1 Year 3 Year ★★★ Aditya Birla SL Digital India . . . . . . . . . . . . . . . . . .. . . . . . 187.3 5325 1.9 0.8 19.7 8.3 27.5 18.7 0.55
(₹) (₹ Cr) CAGR CAGR CAGR CAGR (%) ★★★★ HDFC Focused 30 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 210.7 15642 1.7 0.6 20.2 21.6 21.9 13.6 0.43
★★ SBI Technology Opport . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 223.8 4739 1.9 0.8 29.7 11.8 26.7 17.1 0.58
★★★★ Quant Focused. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 82.8 1075 2.2 0.7 8.3 14.6 20.6 15.2 0.43
★ Franklin Ind Technology . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 547.3 1989 2.0 1.0 28.3 15.3 26.5 17.3 0.57
EQUITY - LARGE CAP FUNDS ★★★ Aditya Birla SL Focused. . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 133.8 7581 1.8 0.9 16.6 12.2 16.0 12.2 0.34
EQUITY - SECTOR - PHARMA FUNDS
★★★ Franklin Ind Focused Equity . . . . . . . . . . . . . . . . .. . . . . . 101.5 12044 1.8 0.9 14.5 14.3 18.9 13.5 0.38
★★★★★ Canara Robeco Bluechip Equity . . . . . . . . .. . . . . . . . 59.4 14799 1.7 0.5 15.6 11.4 16.6 13.2 0.38 ★★★ JM Focused . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 19.9 226 2.4 0.8 18.6 17.8 15.9 13.2 0.32 - DSP Healthcare. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 40.9 3340 1.9 0.6 34.3 21.1 29.7 - 0.84
★★★★★ ICICI Pru Bluechip . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 102.2 63264 1.5 0.9 14.8 14.8 17.9 13.6 0.37 ★★★ Nippon Ind Focused Equity . . . . . . . . . . . . . . . . . .. . . . . . 111.6 8194 1.9 1.2 8.0 12.5 18.4 13.2 0.35 - ICICI Pru (P.H.D) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 38.7 5320 1.9 1.1 37.5 23.3 29.8 - 0.89
★★★★★ JM Large Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 147.8 480 2.4 0.7 11.1 13.1 16.6 10.7 0.55 ★★★ SBI Focused Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 324.2 34680 1.6 0.7 15.1 8.9 16.0 13.7 0.34 - LIC MF Healthcare . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 29.5 86 2.4 1.2 34.4 16.1 22.5 - 0.67
★★★★ Baroda BNP Paribas Large Cap . . . . . . . . . . .. . . . . . 211.8 2421 2.0 0.8 17.0 13.8 16.5 12.6 0.37 ★★★ Sundaram Focused . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 156.2 1104 2.3 1.3 14.3 11.1 17.5 13.1 0.39 - Mirae Asset Healthcare . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 38.1 2864 1.9 0.5 30.6 17.1 27.8 - 0.83
★★★★ Edelweiss Large Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 79.6 1110 2.2 0.6 12.8 12.3 15.9 12.5 0.34 ★★ DSP Focus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 51.4 2482 2.0 1.0 16.1 13.6 14.6 11.9 0.29 - Nippon Ind Pharma . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 511.6 8915 1.8 0.9 26.0 18.6 27.3 14.8 0.79
★★★★ Kotak Bluechip . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 535.7 9411 1.8 0.6 14.3 11.4 16.0 12.5 0.34 ★★ Motilal Oswal Focused . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 43.0 1750 2.0 0.9 6.0 8.6 12.0 11.0 0.27 - SBI Healthcare Opport . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 428.1 3628 2.0 0.9 34.1 22.7 28.9 13.6 0.81
★★★★ Nippon Ind Large Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 84.4 35700 1.6 0.7 14.9 18.0 18.6 13.7 0.37 ★ Axis Focused . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 51.4 13068 1.7 0.8 11.3 2.7 10.7 11.8 0.22 - Tata India Pharma & Healthcare . . . . . . . . .. . . . . . . . 30.6 1287 2.1 0.7 31.6 19.9 26.8 - 0.82
★★★ Aditya Birla SL Frontline Equity . . . . . . . . . .. . . . . . 492.8 28786 1.7 1.0 13.4 12.0 16.1 12.1 0.33 ★ Bandhan Focused Equity . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 86.3 1837 2.1 0.8 25.2 15.0 17.5 12.3 0.37 - UTI Healthcare . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 285.1 1236 2.2 1.2 35.2 19.5 27.0 13.0 0.80
★★★ Bandhan Large Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 72.2 1769 2.1 0.9 14.7 11.4 16.0 11.6 0.35 - Baroda BNP Paribas Focused . . . . . . . . . . . . . .. . . . . . . . 21.0 684 2.3 0.4 12.0 11.9 15.0 - 0.33
★★★ HDFC Large Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1076.4 35975 1.6 1.0 9.7 15.0 16.4 12.1 0.33 - LIC MF Focused . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 20.2 137 2.5 1.6 10.1 8.3 14.4 - 0.32 HYBRID - AGGRESSIVE HYBRID FUNDS
★★★ HSBC Large Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 459.4 1906 2.1 1.2 14.4 11.4 14.9 12.0 0.32
★★★ Invesco India Largecap . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 65.8 1324 2.1 0.8 17.3 12.2 16.9 12.7 0.35 EQUITY - VALUE FUNDS ★★★★★ BOI AXA Mid & Small Cap Eq&Debt. . . . .. . . . . . . . 37.2 1108 2.1 0.8 18.3 14.8 25.0 - 0.59
f1ccf833-44c4-4575-b5cd-33fe76bd21c0

f1ccf833-44c4-4575-b5cd-33fe76bd21c0
★★★ Mirae Asset Large Cap. . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 104.9 38752 1.5 0.6 11.1 8.8 13.9 12.9 0.29 ★★★★★ Quant Absolute . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 390.5 2115 2.0 0.7 7.0 11.4 22.5 14.6 0.54
★★★★★ ICICI Pru Value Discovery . . . . . . . . . . . . . . . . . . . . . .. . . . . . 434.9 48308 1.6 1.1 17.8 20.2 24.8 14.9 0.56 ★★★★ Baroda BNP Pari Aggressive Hybrid . .. . . . . . . . 27.0 1184 2.1 0.5 16.6 12.8 15.4 - 0.40
★★★ SBI Blue Chip . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 86.6 49683 1.5 0.8 11.4 11.3 15.6 12.7 0.33
★★★★★ JM Value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 96.9 1085 2.2 1.0 16.2 22.0 23.1 16.9 0.47 ★★★★ ICICI Pru Equity & Debt . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 359.4 39770 1.6 1.0 15.2 17.1 20.6 14.8 0.49
★★★ Tata Large Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 472.0 2415 2.0 1.0 10.6 11.2 15.3 11.5 0.31
★★★★ Bandhan Sterling Value . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 141.3 9947 1.8 0.7 13.5 14.7 23.8 14.8 0.42 ★★★★ JM Aggressive Hybrid . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 119.4 763 2.3 0.7 19.3 19.7 23.2 12.4 0.59
★★★ UTI Large Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 259.2 12617 1.8 0.9 11.1 8.2 14.7 11.4 0.31
★★★★ Nippon Ind Value. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 215.5 8564 1.8 1.1 17.8 19.6 23.2 15.4 0.46 ★★★★ Kotak Equity Hybrid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 59.7 6913 1.8 0.5 18.9 13.5 17.1 12.7 0.40
★★ Axis Bluechip . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 57.2 33127 1.6 0.7 11.7 6.1 12.2 11.4 0.28
★★★ HSBC Value. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 102.6 13565 1.7 0.8 19.3 19.5 22.8 16.2 0.44 ★★★ Canara Robeco Equity Hybrid . . . . . . . . . . . . .. . . . . . 339.4 10747 1.7 0.6 12.6 10.3 14.9 12.0 0.41
★★ Franklin Ind Bluechip . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 971.1 7683 1.8 1.1 15.0 10.0 15.3 11.1 0.32
★★★ Tata Equity P/E . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 333.7 8592 1.8 0.8 15.2 17.7 19.0 14.4 0.41 ★★★ DSP Aggressive Hybrid . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 337.2 10306 1.8 0.7 16.2 11.4 15.3 12.4 0.37
★★ LIC MF Large Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 53.3 1448 2.1 1.0 13.4 7.7 12.6 10.3 0.28
★★★ Templeton India Value . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 681.7 2154 2.1 0.9 12.8 18.2 22.6 13.9 0.43 ★★★ Franklin Ind Equity Hybrid . . . . . . . . . . . . . . . . . . . .. . . . . . 259.8 2078 2.1 1.0 15.2 13.1 15.7 11.6 0.39
★★ Union Largecap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 22.4 437 2.5 1.6 9.1 9.0 14.4 - 0.30
★★★ UTI Value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 159.4 9914 1.8 1.1 21.3 15.6 19.5 12.7 0.41 ★★★ HDFC Hybrid Equity. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 112.1 23912 1.7 1.0 10.9 11.4 15.0 9.9 0.36
★ DSP Top 100 Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 442.6 4504 1.9 1.1 18.5 14.1 14.2 11.0 0.28
★★ HDFC Capital Builder Value . . . . . . . . . . . . . . . . . .. . . . . . 691.8 7252 1.8 1.0 16.6 15.4 19.2 13.4 0.37 ★★★ Mirae Asset Aggressive Hybrid . . . . . . . . . . . . .. . . . . . . . 30.0 8893 1.7 0.4 11.2 9.8 13.7 - 0.35
★ Groww Largecap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 40.0 129 2.4 1.0 8.9 10.2 12.0 10.8 0.25
★★ Quantum Long Term Equity Value . . . . .. . . . . . 120.9 1169 2.0 1.1 19.8 16.1 17.7 12.1 0.37 ★★★ SBI Equity Hybrid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 272.5 71636 1.4 0.7 12.5 9.7 13.2 11.5 0.34
★ PGIM India Large Cap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 319.6 587 2.4 0.9 8.1 8.3 12.1 10.2 0.25
★ Aditya Birla SL Pure Value . . . . . . . . . . . . . . . . . . . . .. . . . . . 123.3 6291 1.9 1.0 14.4 17.7 21.0 12.5 0.41 ★★★ Sundaram Aggressive Hybrid . . . . . . . . . . . . . .. . . . . . 155.0 5544 1.8 0.7 14.3 10.6 14.8 12.1 0.38
- Mahi Manu Large Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 21.6 589 2.3 0.7 12.3 10.0 14.8 - 0.31
- Groww Value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 24.6 46 2.3 0.9 7.9 11.8 15.7 - 0.34 ★★★ UTI Aggressive Hybrid . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 387.0 6099 1.9 1.2 17.1 14.8 17.8 12.0 0.43
- Taurus Large Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 150.1 49 2.6 2.5 14.1 12.9 14.0 9.5 0.29
- LIC MF Value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 25.2 154 2.5 1.6 23.3 15.5 18.9 - 0.41 ★★ Aditya Birla SL Equity Hybrid '95 . . . . . . . .. . . 1445.5 7538 1.9 1.1 13.6 9.9 13.3 10.1 0.30
EQUITY - LARGE & MID CAP FUNDS - Union Value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 26.4 299 2.5 1.3 12.0 15.2 19.3 - 0.41 ★★ Bandhan Hybrid Equity . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 24.3 826 2.3 1.0 16.6 11.2 15.5 - 0.37

EQUITY - TAX SAVING (ELSS) FUNDS ★★ HSBC Aggressive Hybrid . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 53.3 5728 1.9 0.8 17.3 11.2 14.2 11.3 0.35
★★★★★ HDFC Large and Mid Cap . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 319.4 23899 1.7 0.9 14.8 18.7 22.3 13.7 0.44
★★ Tata Hybrid Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 420.7 4099 1.9 1.0 12.3 10.8 13.7 10.3 0.34
★★★★★ Quant Large & Mid Cap . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 114.5 3658 1.9 0.6 14.5 18.9 24.9 17.4 0.53
★★★★★ Bank of India ELSS Tax Saver . . . . . . . . . . . . . . .. . . . . . 159.5 1441 2.0 0.8 15.5 15.0 23.3 15.9 0.52 ★ LIC MF Aggressive Hybrid . . . . . . . . . . . . . . . . . . . . . .. . . . . . 186.2 529 2.5 1.4 13.9 9.2 11.0 8.0 0.27
★★★★ Bandhan Core Equity. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 125.6 7641 1.8 0.6 22.3 20.5 22.0 15.4 0.43
★★★★★ Quant ELSS Tax Saver . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 340.9 10513 1.7 0.6 4.5 14.1 29.1 19.4 0.55 ★ Nippon Ind Equity Hybrid . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 99.1 3844 2.0 1.1 12.9 13.5 12.5 9.9 0.23
★★★★ ICICI Pru Large & Mid Cap . . . . . . . . . . . . . . . . . . . . . .. . . . . . 921.4 17680 1.7 0.9 19.4 18.9 22.4 14.6 0.45
★★★★★ SBI Long Term Equity. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 417.4 27791 1.6 0.9 23.2 22.1 23.4 14.5 0.48 - Axis Aggressive Hybrid . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 19.5 1576 2.1 1.1 13.5 6.3 11.5 - 0.27
★★★★ Kotak Equity Opport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 321.6 25784 1.6 0.5 19.5 16.9 19.8 15.1 0.42
★★★★ Bandhan ELSS Tax Saver . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 143.9 6822 1.8 0.7 9.9 12.6 20.8 14.7 0.40 - Edelweiss Aggressive Hybrid . . . . . . . . . . . . . . .. . . . . . . . 60.2 2363 2.0 0.4 17.3 15.1 17.2 12.2 0.43
★★★★ Mirae Asset Large & Midcap . . . . . . . . . . . . . . . . . .. . . . . . 139.3 38335 1.5 0.6 10.5 11.2 18.9 17.4 0.40
★★★★ Canara Robeco ELSS Tax Saver . . . . . . . . . . .. . . . . . 166.6 8696 1.7 0.6 14.1 11.3 19.4 13.9 0.42 - Groww Aggressive Hybrid . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 19.7 45 2.3 0.9 8.7 9.3 12.1 - 0.29
★★★ Canara Robeco Emerging Equities . . . .. . . . . . 244.6 24887 1.6 0.6 20.8 13.1 20.0 15.9 0.43
★★★★ DSP ELSS Tax Saver . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 131.1 16610 1.6 0.7 20.1 16.3 20.3 15.5 0.42 - Invesco India Aggressive Hybrid . . . . . . . . .. . . . . . . . 22.2 598 2.4 0.8 22.0 14.0 14.7 - 0.36
★★★ DSP Equity Opport. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 584.0 13983 1.7 0.7 19.8 17.1 19.8 15.2 0.41
★★★★ JM ELSS Tax Saver . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 47.6 186 2.4 1.3 24.1 16.9 20.6 15.5 0.42 - Navi Aggressive Hybrid . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 19.7 120 2.3 0.4 11.4 10.3 12.0 - 0.27
★★★ Edelweiss Large & Mid Cap . . . . . . . . . . . . . . . . . . .. . . . . . . . 83.6 3796 1.9 0.4 19.5 15.6 20.2 14.4 0.43
★★★★ Mirae Asset ELSS Tax Saver . . . . . . . . . . . . . . . . . . .. . . . . . . . 45.2 25021 1.6 0.6 12.7 11.8 18.6 - 0.39 - PGIM India Hybrid Equity . . . . . . . . . . . . . . . . . . . . . .. . . . . . 124.3 211 2.3 0.8 13.1 8.1 11.6 8.4 0.26
★★★ Invesco India Large & Mid Cap . . . . . . . . . . . . .. . . . . . . . 92.1 6712 1.8 0.7 29.7 18.9 20.2 15.4 0.42
★★★★ Motilal Oswal ELSS Tax Saver . . . . . . . . . . . . . .. . . . . . . . 52.2 4415 1.8 0.6 35.0 23.5 22.4 - 0.45 - Shriram Aggressive Hybrid . . . . . . . . . . . . . . . . . . .. . . . . . . . 30.7 49 2.3 0.8 9.1 9.4 11.7 9.1 0.31
★★★ LIC MF Large & Midcap. . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 37.9 3142 1.9 0.6 23.6 14.3 18.4 - 0.39
★★★ Baroda BNP Paribas ELSS Tax Saver .. . . . . . . . 92.2 951 2.2 1.0 19.9 14.2 17.1 12.6 0.38
★★★ SBI Large & Midcap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 576.3 29268 1.6 0.7 14.5 15.0 20.0 14.8 0.40 HYBRID - BALANCED ADVANTAGE FUNDS
★★★ Franklin Ind ELSS Tax Saver. . . . . . . . . . . . . . . . . .. . . 1420.4 6855 1.8 1.0 18.1 16.6 19.6 13.3 0.38
★★★ Tata Large & Mid Cap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 495.2 8245 1.8 0.6 11.3 13.9 17.4 13.3 0.38
★★★ HDFC ELSS Tax saver . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1302.9 15729 1.7 1.1 18.4 19.8 20.1 12.5 0.40 ★★★★★ Edelweiss Balanced Advantage . . . . . . . . . .. . . . . . . . 48.6 12428 1.7 0.5 11.5 9.9 14.4 10.7 0.55
★★★ UTI Large & Mid Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 169.8 4134 1.9 1.0 22.4 18.6 22.0 13.7 0.44
★★★ ICICI Pru Long Term Equity . . . . . . . . . . . . . . . . . . .. . . . . . 861.5 13847 1.7 1.1 14.7 12.0 16.8 12.5 0.35 ★★★★★ ICICI Pru Balanced Advantage . . . . . . . . . . . . .. . . . . . . . 68.8 60434 1.5 0.9 11.5 11.5 12.4 10.8 0.32
★★ BOI Large & Mid Cap Equity . . . . . . . . . . . . . . . . . .. . . . . . . . 83.4 367 2.3 1.2 12.1 13.3 18.3 11.7 0.39
★★★ Invesco India ELSS Tax Saver . . . . . . . . . . . . . . .. . . . . . 124.9 2960 1.9 0.8 21.7 12.7 18.2 14.1 0.38 ★★★★ Aditya Birla SL Bal Advantage . . . . . . . . . . . . . .. . . . . . . . 99.6 7305 1.8 0.7 12.4 10.4 12.2 10.5 0.33
★★ Navi Large & Midcap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 34.5 319 2.3 0.3 13.4 10.6 16.6 - 0.33
★★★ Kotak ELSS Tax Saver. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 111.4 6219 1.8 0.6 18.0 14.5 18.5 14.0 0.38 ★★★★ HSBC Balanced Advantage . . . . . . . . . . . . . . . . . . .. . . . . . . . 42.1 1528 2.1 0.8 12.2 10.5 10.6 8.0 0.38
★★ Nippon Ind Vision. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1385.9 5588 2.0 1.4 21.5 17.9 20.3 12.3 0.41
★★★ Mahi Manu ELSS Tax Saver. . . . . . . . . . . . . . . . . . . .. . . . . . . . 26.6 919 2.2 0.6 9.6 11.0 17.4 - 0.37 ★★★ Bandhan Balanced Advantage . . . . . . . . . . . .. . . . . . . . 23.3 2273 2.0 0.8 12.5 8.1 10.5 8.4 0.27
★★ Sundaram Large and Mid Cap . . . . . . . . . . . . .. . . . . . . . 82.1 6913 1.8 0.7 16.6 12.5 17.2 13.9 0.34
★★★ PGIM India ELSS Tax Saver . . . . . . . . . . . . . . . . . . . .. . . . . . . . 33.8 778 2.3 0.7 13.8 10.9 17.9 - 0.38 ★★★ DSP Dynamic Asset Allocation . . . . . . . . . . . .. . . . . . . . 26.2 3179 1.9 0.7 11.9 9.1 10.0 8.7 0.31
★ Aditya Birla SL Equity Advantage . . . . . . .. . . . . . 854.9 5827 1.9 1.1 11.4 6.1 14.7 11.9 0.28
★★★ Union ELSS Tax Saver . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 61.2 923 2.3 1.3 11.6 12.1 18.7 11.6 0.41 ★★★ Invesco India Balanced Advantage . . . .. . . . . . . . 52.4 945 2.2 0.8 13.7 11.7 11.6 9.8 0.30
★ Franklin Ind Equity Advantage . . . . . . . . . . . .. . . . . . 179.8 3491 2.0 1.3 17.5 12.1 17.4 11.6 0.33
★★★ UTI ELSS Tax Saver . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 197.6 3805 1.9 0.9 11.9 9.2 16.2 12.0 0.34 ★★★ Sundaram Balanced Advantage . . . . . . . . .. . . . . . . . 33.8 1533 2.1 0.6 10.7 9.7 10.2 7.6 0.42
- Axis Growth Opport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 31.0 14099 1.7 0.6 20.2 12.9 20.9 - 0.46
★★ Edelweiss Long Term Equity . . . . . . . . . . . . . . . .. . . . . . 105.2 398 2.4 0.7 15.9 12.6 16.6 12.0 0.35 ★★ Bank of India Balanced Advantage . . . .. . . . . . . . 23.5 133 2.3 1.2 4.3 12.1 10.3 7.1 0.35
- HSBC Large & Mid Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 26.5 4310 1.9 0.9 28.5 16.5 20.1 - 0.42
★★ HSBC ELSS Tax saver. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 129.9 4313 1.9 1.1 25.9 15.6 18.2 13.5 0.37 ★★ Motilal Oswal Balanced Advantage . . .. . . . . . . . 20.2 1114 2.2 0.9 3.4 8.6 8.8 - 0.25
EQUITY - FLEXI CAP FUNDS ★★ LIC MF ELSS Tax Saver . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 151.9 1150 2.1 1.0 22.8 13.6 15.6 12.2 0.32 ★ UTI-Unit Linked Insurance . . . . . . . . . . . . . . . . . . . .. . . . . . . . 40.2 5434 1.6 1.0 11.4 6.4 9.5 8.0 0.30
★★ Quantum ELSS Tax Saver . . . . . . . . . . . . . . . . . . . . . .. . . . . . 120.0 213 2.0 0.9 19.4 16.1 17.7 12.1 0.37 - Axis Balanced Advantage . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 20.1 2634 2.0 0.8 16.7 11.3 12.0 - 0.44
★★★★★ JM Flexicap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 99.5 5338 1.8 0.6 26.0 22.8 23.2 16.8 0.50 ★★ Sundaram ELSS Tax Saver . . . . . . . . . . . . . . . . . . . .. . . . . . 478.8 1346 2.2 1.7 13.6 12.2 18.0 13.4 0.38 - Baroda BNP Paribas Balanced Adv . . . .. . . . . . . . 23.0 4221 1.9 0.7 12.2 11.6 15.4 - 0.50
★★★★★ Parag Parikh Flexi Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 79.4 87539 1.3 0.6 21.0 15.7 24.0 17.3 0.55 ★★ Tata ELSS Tax Saver. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 42.8 4641 1.8 0.7 16.4 13.9 17.1 14.5 0.36 - HDFC Balanced Advantage . . . . . . . . . . . . . . . . . . .. . . . . . 489.7 95521 1.4 0.8 13.9 19.9 19.3 13.9 0.44
★★★★ Franklin Ind Flexi Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1562.8 17947 1.7 0.9 17.5 16.2 21.1 14.0 0.43 ★ Aditya Birla SL ELSS Tax Saver . . . . . . . . . . . . .. . . . . . . . 55.9 15343 1.7 1.0 12.7 9.3 11.4 10.7 0.25 - Kotak Balanced Advantage . . . . . . . . . . . . . . . . . .. . . . . . . . 19.6 16937 1.7 0.6 13.2 10.4 11.7 - 0.32
★★★★ HDFC Flexi Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1824.1 66344 1.4 0.8 19.9 21.4 21.9 14.5 0.43 ★ Axis ELSS Tax Saver . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 90.8 35954 1.5 0.8 14.2 6.0 12.8 12.1 0.27 - Nippon Ind Balanced Advantage . . . . . . . .. . . . . . 167.8 8808 1.8 0.6 11.8 11.0 12.1 10.1 0.35
★★★★ PGIM India Flexi Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 34.2 6330 1.8 0.4 12.4 7.3 19.3 - 0.41 ★ Nippon Ind ELSS Tax Saver . . . . . . . . . . . . . . . . . . .. . . . . . 118.7 15199 1.7 1.0 13.3 14.5 15.9 9.7 0.32 - Tata Balanced Advantage . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 19.6 10217 1.7 0.4 9.0 10.1 12.6 - 0.43
★★★★ Union Flexi Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 48.6 2299 2.0 0.9 11.5 11.4 18.3 11.7 0.40 - Groww ELSS Tax Saver . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 19.5 50 2.3 0.6 13.0 12.4 13.9 - 0.31 - Union Balanced Advantage . . . . . . . . . . . . . . . . . .. . . . . . . . 19.3 1431 2.1 1.0 8.1 8.4 11.3 - 0.34
★★★ Aditya Birla SL Flexi Cap . . . . . . . . . . . . . . . . . . . . . . . .. . . 1670.4 22174 1.7 0.9 15.3 12.2 16.7 13.7 0.33 - HSBC Tax Saver Equity . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 91.7 261 2.5 1.6 26.7 15.7 18.9 13.2 0.38
★★★ Canara Robeco Flexi Cap . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 318.6 12805 1.7 0.6 14.6 10.5 17.3 13.1 0.39 - Navi ELSS Tax Saver . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 28.1 61 2.3 0.4 10.4 9.3 13.4 - 0.26
bl. rating Scheme Name Latest Latest Expense Ratio (%) Trailing Returns (%) Tracking
★★★ DSP Flexi Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 97.7 11569 1.7 0.7 15.2 12.1 17.6 13.5 0.37 - Shriram ELSS Tax Saver . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 21.7 55 2.3 0.7 9.5 10.8 14.1 - 0.34 NAV Corpus 5 Year 10 Year Error
Regular Direct 1 Year 3 Year
★★★ Edelweiss Flexi Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 36.5 2469 1.9 0.4 20.1 15.5 19.1 - 0.40 - Sundaram Diversified Equity . . . . . . . . . . . . . . .. . . . . . 208.1 1529 2.2 1.6 10.4 10.9 15.0 11.3 0.30 (₹) (₹ Cr) CAGR CAGR CAGR CAGR (%)
★★★ HSBC Flexi Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 211.0 5042 1.9 1.2 22.9 14.6 19.0 12.8 0.38 - Taurus ELSS Tax Saver. . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 179.7 80 2.5 1.9 15.9 16.0 17.0 13.0 0.36
★★★ Kotak Flexicap. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 77.5 50426 1.5 0.6 14.2 12.6 15.4 13.2 0.32
★★ Bandhan Flexi Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 194.1 7181 1.9 1.2 13.2 10.6 14.8 10.9 0.30 EQUITY - CONTRA FUNDS PASSIVE FUNDS
★★ LIC MF Flexi Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 97.7 1062 2.3 1.4 15.4 11.9 13.8 9.1 0.31
- Invesco India Contra . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 129.7 18153 1.6 0.5 24.5 17.9 21.1 15.8 0.44
★★ SBI Flexicap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 105.0 22092 1.7 0.8 11.4 10.3 15.2 13.1 0.32
- Kotak India EQ Contra . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 141.9 3986 1.9 0.6 17.9 18.5 20.5 15.1 0.42 PASSIVE FUNDS - TRACKING NIFTY 50 INDEX
★★ UTI Flexi Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 313.4 26062 1.7 1.1 14.3 4.7 15.3 12.2 0.32
- SBI Contra . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 366.9 42181 1.5 0.6 14.9 20.7 28.4 15.6 0.60
★ Motilal Oswal Flexi Cap . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 60.9 13162 1.7 0.9 35.5 19.7 17.6 14.7 0.36 - HDFC Nifty 50 Indx Fund . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 220.7 18249 0.4 0.2 9.2 10.0 14.5 11.8 0.06
★ Taurus Flexi Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 222.4 368 2.6 2.6 13.5 13.7 14.5 9.4 0.29 EQUITY - DIVIDEND YIELD FUNDS - Nippon Ind ETF Nifty 50 BeES . . . . . . . . . . . . . .. . . . . . 261.7 36639 0.0 - 9.6 10.4 15.0 12.2 0.04
- Axis Flexi Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 25.4 12880 1.7 0.7 18.6 8.2 14.7 - 0.34 - SBI Nifty 50 ETF . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 247.3 192978 0.0 - 9.5 10.4 15.0 - 0.04
- Navi Flexi Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 22.0 260 2.3 0.4 8.5 9.9 14.2 - 0.29 ★★★★★ Templeton India Equity Income. . . . . . . . . .. . . . . . 135.9 2367 2.1 1.2 18.3 17.8 23.7 15.1 0.52 - UTI Nifty ETF . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 254.6 57902 0.1 - 9.5 10.4 15.0 - 0.04
- Quant Flexi Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 93.1 7185 1.8 0.6 10.2 16.2 30.1 18.0 0.60 ★★★★ ICICI Pru Dividend Yield Equity. . . . . . . . . . . .. . . . . . . . 48.4 4766 1.9 0.6 18.9 20.8 24.6 14.3 0.52 - UTI Nifty 50 Indx Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 159.8 20010 0.3 0.2 9.2 10.1 14.7 11.9 0.06
- Shriram Flexi Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 20.8 145 2.3 0.7 8.7 11.0 13.8 - 0.32 ★★★ Aditya Birla SL Dividend Yield . . . . . . . . . . . . . .. . . . . . 438.7 1511 2.2 1.4 15.5 19.1 21.8 11.9 0.46
- Tata Flexi Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 22.2 2902 1.9 0.7 10.7 9.9 14.4 - 0.32 ★★ UTI Dividend Yield . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 170.2 4082 2.0 1.4 23.1 15.8 20.8 13.3 0.47 PASSIVE FUNDS - TRACKING BSE SENSEX INDEX
★ Sundaram Dividend Yield . . . . . . . . . . . . . . . . . . . . .. . . . . . 132.0 929 2.3 1.0 12.5 14.1 19.1 13.8 0.44
EQUITY - MULTI CAP FUNDS - HDFC BSE Sensex Indx Fund . . . . . . . . . . . . . . . .. . . . . . 712.0 7744 0.4 0.2 8.8 9.5 14.0 11.8 0.06
- LIC MF Dividend Yield . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 29.3 494 2.5 1.2 26.5 17.7 21.7 - 0.49
- SBI BSE Sensex ETF . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 846.4 114572 0.0 - 9.2 9.9 14.5 12.3 0.04
- Baroda BNP Paribas Multi Cap . . . . . . . . . . . .. . . . . . 284.0 2850 2.0 0.9 24.5 16.2 22.9 14.0 0.48 EQUITY - THEMATIC - CONSUMPTION FUNDS - UTI Sensex ETF. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 841.1 44122 0.1 - 9.2 9.9 14.5 - 0.04
- ICICI Pru Multicap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 749.2 14019 1.8 1.0 17.8 17.5 19.9 14.5 0.39
- Invesco India Multicap . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 130.4 3983 1.9 0.7 24.1 16.2 21.6 14.4 0.44 ★★★★★ Canara Robeco Consumer Trends. . . . . .. . . . . . 104.5 1751 2.1 0.8 16.1 15.0 19.7 15.4 0.42 PASSIVE FUNDS - TRACKING NIFTY NEXT 50 INDEX
- Mahi Manu Multi Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 33.6 5011 1.8 0.5 16.9 16.3 23.1 - 0.48 ★★★★ Mirae Asset Great Consumer . . . . . . . . . . . . . . . .. . . . . . . . 90.7 4152 1.8 0.4 15.3 17.2 19.2 15.6 0.40
- ICICI Pru Nifty Next 50 Indx Fund . . . . . . . .. . . . . . . . 56.4 6894 0.7 0.3 18.5 14.3 17.4 13.2 0.07
- Nippon Ind Multi Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 278.9 39385 1.6 0.7 19.8 22.9 23.1 14.2 0.42 ★★★★ SBI Consumption Opport . . . . . . . . . . . . . . . . . . . . . .. . . . . . 319.2 3100 2.0 0.9 19.3 20.1 22.4 16.0 0.45
- Nippon Ind ETF Junior BeES . . . . . . . . . . . . . . . .. . . . . . 685.6 5482 0.2 - 19.4 15.0 18.2 13.9 0.05
- Quant Active . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 620.4 10285 1.7 0.6 7.0 13.1 26.9 17.9 0.52 ★★★ Aditya Birla SL India GenNext . . . . . . . . . . . . . .. . . . . . 206.5 5858 1.9 0.8 14.9 13.8 17.4 15.0 0.36
- UTI Nifty Next 50 Indx Fund . . . . . . . . . . . . . . . . . .. . . . . . . . 22.8 4796 0.8 0.4 18.7 14.3 17.5 - 0.07
- Sundaram Multi Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 361.3 2772 2.0 0.9 15.5 13.1 20.0 14.6 0.40 ★★★ Tata India Consumer. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 44.4 2475 2.0 0.7 21.3 17.7 20.4 - 0.48
★★ ICICI Pru FMCG . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 482.4 1761 2.2 1.3 2.9 13.5 14.2 12.1 0.33 PASSIVE FUNDS - TRACKING BANKING INDEX
EQUITY - MID CAP FUNDS
★★ UTI India Consumer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 56.5 706 2.5 1.5 19.1 11.6 15.7 11.1 0.36
★ Sundaram Consumption. . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 96.2 1584 2.2 1.3 18.1 17.7 17.5 14.2 0.36 - ICICI Pru Nifty Private Bank ETF . . . . . . . . . .. . . . . . . . 24.0 3095 0.2 - -1.7 7.8 6.2 - 0.05
★★★★★ Motilal Oswal Midcap . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 105.6 26421 1.6 0.7 43.5 30.9 31.3 19.5 0.58
- Baroda BNP Pari India Consumption. . . . . . . . 31.4 1470 2.1 0.6 20.1 16.3 19.2 - 0.43 - Nippon Ind ETF Nifty Bank BeES. . . . . . . . .. . . . . . 500.0 7335 0.2 - 3.6 9.0 8.8 10.3 0.05
★★★★★ PGIM India Midcap Opport. . . . . . . . . . . . . . . . . . . .. . . . . . . . 61.6 11285 1.7 0.5 15.2 10.8 27.2 15.4 0.56
- Mahi Manu Consumption . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 22.2 440 2.4 0.6 16.4 16.2 16.6 - 0.36 - Nippon Ind ETF Nifty PSU Bank BeES. . . . . . . . 67.7 2667 0.5 - 7.6 31.0 20.1 4.1 0.06
★★★★★ Quant Mid Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 215.5 8891 1.8 0.6 13.8 21.2 31.0 17.8 0.62
- Nippon Ind Consumption . . . . . . . . . . . . . . . . . . . . .. . . . . . 193.5 2161 2.0 0.6 18.1 19.2 22.9 13.7 0.51
★★★★ Edelweiss Mid Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 96.2 8666 1.7 0.4 30.6 22.7 28.6 18.3 0.56 PASSIVE FUNDS - TRACKING MIDCAP INDEX
★★★★ HDFC Mid-Cap Opport . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 182.7 77967 1.4 0.8 22.4 24.8 27.5 17.5 0.55 EQUITY - THEMATIC - INFRASTRUCTURE FUNDS
★★★★ Kotak Emerging Equity . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 129.5 53079 1.4 0.4 28.4 20.3 25.5 17.9 0.51 - ICICI Pru Midcap Select ETF . . . . . . . . . . . . . . . . . .. . . . . . . . 17.3 81 0.2 - 22.9 17.5 21.2 - 0.66
★★★★ Nippon Ind Growth . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3890.0 35278 1.6 0.8 20.0 22.7 27.4 17.8 0.54 ★★★★★ Invesco India Infrastructure . . . . . . . . . . . . . . . . .. . . . . . . . 62.2 1606 2.1 0.7 25.9 24.2 28.4 16.5 0.57 - Motilal Oswal Nifty Midcap 100 ETF . . .. . . . . . . . 58.4 556 0.2 - 16.4 20.9 26.3 16.1 0.05
★★★ Axis Midcap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 107.9 30829 1.6 0.5 25.0 14.9 22.0 15.7 0.51 ★★★★★ Quant Infrastructure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 37.0 3536 1.9 0.7 14.3 18.8 33.2 18.1 0.56 - Nippon Ind ETF Nifty Midcap 150 . . . . . . .. . . . . . 208.0 1914 0.2 - 16.5 20.2 26.5 - 0.05
★★★ Baroda BNP Paribas Mid Cap . . . . . . . . . . . . . . .. . . . . . . . 98.5 2186 2.0 0.5 22.3 18.3 23.9 15.7 0.51 ★★★★ BOI AXA Manufacturing & Infra . . . . . . . . . . . .. . . . . . . . 53.0 537 2.3 0.8 18.2 20.6 28.1 16.0 0.61
★★★ ICICI Pru Midcap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 271.3 6339 1.9 1.1 18.6 17.5 23.2 14.9 0.45 ★★★★ ICICI Pru Infrastructure . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 179.0 6911 1.9 1.2 21.0 29.7 28.4 15.9 0.52
PASSIVE FUNDS - TRACKING SMALLCAP INDEX
★★★ Invesco India Midcap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 165.1 6150 1.8 0.6 34.6 21.9 26.6 17.4 0.56 ★★★★ Tata Infrastructure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 167.2 2331 2.1 1.1 11.3 20.3 24.3 14.9 0.51
- ABSL Nifty Small 50 Indx . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 20.0 251 1.0 0.5 14.4 14.5 - - 0.09
★★★ SBI Magnum Midcap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 229.1 21818 1.7 0.8 15.9 16.3 25.8 15.6 0.51 ★★★ Bandhan Infrastructure . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 49.0 1791 2.1 0.8 27.4 24.6 27.7 15.9 0.50
- Nippon Ind Nif Small250 Indx . . . . . . . . . . . . . .. . . . . . . . 32.5 2041 0.9 0.4 16.2 17.3 - - 0.08
★★★ Tata Mid Cap Growth. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 410.8 4529 1.9 0.7 15.8 17.8 23.3 15.8 0.48 ★★★ Canara Robeco Infrastructure . . . . . . . . . . . . .. . . . . . 149.0 872 2.3 1.0 26.4 23.9 26.7 15.3 0.54
★★★ Taurus Mid Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 113.8 127 2.6 2.1 3.9 14.9 20.9 14.8 0.45 ★★★ DSP India T.I.G.E.R. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 305.6 5454 1.9 0.8 24.2 27.5 26.7 16.3 0.50 SMART BETA FUNDS
★★★ UTI Mid Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 292.3 11997 1.8 0.9 17.9 14.5 23.5 14.4 0.49 ★★★ Franklin Build India . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 133.2 2784 2.0 0.9 20.5 25.8 25.7 16.9 0.48
★★ DSP Midcap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 141.2 19297 1.7 0.8 17.4 14.6 19.3 14.9 0.42 ★★★ Kotak Infra & Economic Reform . . . . . . . . . .. . . . . . . . 64.2 2430 2.0 0.6 23.4 24.0 25.6 15.7 0.50 - ICICI Pru Nifty 100 Low Vol 30 ETF . . . . . .. . . . . . . . 21.0 3444 0.4 - 13.3 13.6 17.8 - 0.03
★★ Franklin Ind Prima . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2651.6 12570 1.8 1.0 25.1 19.7 22.1 15.3 0.45 ★★★ LIC MF Infrastructure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 48.7 927 2.3 1.1 37.9 28.4 25.7 15.1 0.50 - ICICI Pru Alpha Low Vol 30 ETF . . . . . . . . . . . .. . . . . . . . 27.3 1691 0.4 - 13.9 14.6 - - 0.04
★★ HSBC Midcap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 376.2 12416 1.7 0.7 27.5 21.4 22.7 16.4 0.48 ★★★ SBI Infrastructure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 47.7 4999 1.9 0.9 13.6 22.6 24.2 16.0 0.48 - Nippon Ind ETF Nifty 50 Value 20 . . . . . . . .. . . . . . 154.1 222 0.3 - 18.2 14.5 21.3 - 0.04
★★ Sundaram Mid Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1316.2 12619 1.7 0.9 24.3 21.7 22.9 15.4 0.44 ★★ Aditya Birla SL Infrastructure . . . . . . . . . . . . . . .. . . . . . . . 90.2 1162 2.3 1.3 15.7 21.1 24.1 13.2 0.45 - SBI Nifty 200 Quality 30 ETF. . . . . . . . . . . . . . . . . .. . . . . . 221.0 130 0.5 - 14.0 11.6 17.3 - 0.04
★ Aditya Birla SL Midcap . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 738.6 5911 1.9 1.1 16.5 14.8 21.3 13.8 0.43 ★★ HSBC Infrastructure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 45.7 2511 2.0 1.0 19.6 22.2 23.8 16.2 0.45 - UTI Nif200 Momentum 30 Indx Fund .. . . . . . . . 21.2 8291 0.9 0.4 13.1 14.3 - - 0.08
★ LIC MF Midcap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 29.0 327 2.5 1.6 25.8 16.9 22.4 - 0.43 ★★ Sundaram Infra Advantage. . . . . . . . . . . . . . . . . . .. . . . . . . . 89.2 975 2.4 1.8 18.1 18.5 22.5 13.8 0.42
PASSIVE FUNDS - GOLD ETF AND SILVER ETF
- Mahi Manu Mid Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 31.9 3529 1.9 0.5 22.2 20.8 26.2 - 0.56 ★ HDFC Infrastructure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 44.3 2465 2.1 1.1 15.6 27.7 23.2 10.4 0.41
★ UTI Infrastructure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 132.6 2202 2.2 1.8 12.3 18.4 19.2 12.1 0.38 - HDFC Gold ETF . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 67.6 6529 0.6 - 23.6 16.9 13.5 10.2 -
EQUITY - SMALL CAP FUNDS
- Taurus Infrastructure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 64.5 10 2.5 2.0 10.5 18.0 20.9 13.6 0.45 - ICICI Pru Silver ETF . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 91.1 3963 0.4 - 25.1 - - - -
★★★★★ Nippon Ind Small Cap. . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 166.7 61974 1.4 0.7 19.1 22.6 33.0 21.0 0.60 - Nippon Ind ETF Gold BeES . . . . . . . . . . . . . . . . . . . .. . . . . . . . 65.5 15190 0.8 - 23.8 16.7 13.2 10.1 -
EQUITY - THEMATIC - MNC FUNDS
★★★★★ Quant Small Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 252.1 26670 1.6 0.7 14.6 21.1 43.3 19.9 0.74 - Nippon Ind Silver ETF . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 87.8 5313 0.6 - 24.8 - - - -
★★★★ AXIS Small Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 103.2 24758 1.6 0.6 19.8 17.6 25.9 18.4 0.52 - Aditya Birla SL MNC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1311.2 3796 2.0 1.3 12.6 9.8 10.8 9.7 0.26 - SBI Gold ETF. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 67.4 5970 0.7 - 23.9 16.7 13.4 10.1 -
★★★★ Kotak Small Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 265.5 17778 1.6 0.5 20.2 15.7 28.5 18.1 0.54 - SBI Magnum Global . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 362.3 6642 1.9 1.2 5.0 6.8 15.1 11.2 0.40
★★★ DSP Small Cap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 192.4 16634 1.7 0.8 18.9 18.3 28.1 17.8 0.55 - UTI MNC. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 382.7 2937 2.0 1.2 14.2 10.9 14.2 10.8 0.35 Source : ACE MF. NAV for the growth option as on 10-01-2025. Returns for regular plans considered.

CM
YK ... . . . . . . ND-NDE
 Star Track MF Ratings . bl . 11
DELHI

businessline.portfolio
SUNDAY - JANUARY 12 - 2025

bl. rating Scheme Name Latest Latest Expense Ratio (%) Trailing Returns (%) AA bl. rating Scheme Name Latest Latest Expense Ratio (%) Trailing Returns (%) AA bl. rating Scheme Name Latest Latest Expense Ratio (%) Trailing Returns (%) AA
NAV Corpus NAV Corpus 3 Year 5 Year & Below NAV Corpus 3 Year 5 Year & Below
Regular Direct 1 Month 3 Month 6 Month 1 Year & Below Regular Direct 1 Year 2 Year Regular Direct 1 Year 2 Year
(₹) (₹ Cr) Absolute Absolute Absolute CAGR (₹) (₹ Cr) CAGR CAGR CAGR CAGR (₹) (₹ Cr) CAGR CAGR CAGR CAGR

★★★ Bandhan Bond - Short Term. . . . . . . . . . . . . . . . .. . . . . . . . 54.7 9728 0.8 0.3 7.8 7.3 6.0 6.1 - ★★★ HDFC Credit Risk Debt . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 23.1 7344 1.6 1.0 8.0 7.4 6.2 7.2 47.52
CASH FUNDS ★★★ DSP Short Term . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 44.7
★★★ Kotak Bond Short Term . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 50.0 16790
2758 1.0
1.1
0.3
0.4
7.6
7.7
7.1
7.1
5.8
5.8
5.9
6.0
-
-
★★★ HSBC Credit Risk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 27.6
★★★ Invesco India Credit Risk . . . . . . . . . . . . . . . . . . . . . . .. . . 1818.2
582
141
1.7
1.5
0.9
0.3
7.1
7.2
6.7
9.4
5.7
7.1
5.4 60.44
6.3 53.82
★★★ Nippon Ind Short Term. . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 50.5 7469 0.9 0.4 8.0 7.4 6.1 6.3 9.62 ★★★ Nippon Ind Credit Risk . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 33.4 981 1.5 0.7 8.3 8.1 6.7 5.3 61.63
LIQUID FUNDS
★★★ SBI Short Term Debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 30.8 13350 0.9 0.4 7.7 7.2 6.0 6.1 5.18 ★★★ SBI Credit Risk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 43.7 2278 1.6 0.9 8.0 8.1 6.9 7.0 73.77

- 360 ONE Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1948.2 846 0.3 0.2 6.7 6.7 6.9 7.1 - ★★★ Tata Short Term Bond. . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 46.0 2736 1.2 0.4 7.3 7.0 5.7 5.8 - ★★ Bandhan Credit Risk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 15.8 292 1.7 0.7 7.2 6.5 5.5 5.5 58.30

- Aditya Birla SL Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 407.3 39883 0.3 0.2 6.8 6.8 7.0 7.3 - ★★ Baroda BNP Paribas Short Duration .. . . . . . . . 28.0 198 1.1 0.4 7.7 7.3 5.9 5.7 2.52 ★★ Bank of India Credit Risk . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 11.8 114 1.4 1.0 5.9 5.8 39.6 10.5 58.60
★★ HSBC Short Duration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 25.3 3689 0.8 0.3 7.4 7.0 5.7 5.8 - ★ Kotak Credit Risk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 28.2 734 1.7 0.8 7.1 6.9 5.0 5.3 56.74
- Axis Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2813.6 30917 0.2 0.2 6.9 6.9 7.0 7.3 -
★★ Invesco India Short Duration . . . . . . . . . . . . . . .. . . 3416.8 482 1.1 0.4 7.8 7.0 5.6 5.7 1.04 ★ UTI Credit Risk. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 16.4 308 1.7 1.1 7.9 7.2 6.2 0.9 56.14
- Bandhan Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3054.6 13835 0.3 0.1 6.7 6.8 6.9 7.2 -
- Bank of India Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2910.2 1315 0.1 0.1 6.9 6.9 7.1 7.4 - ★★ Mirae Asset Short Duration . . . . . . . . . . . . . . . . . . .. . . . . . . . 15.1 346 1.1 0.3 7.5 6.9 5.7 5.7 2.89 DEBT - BANKING AND PSU FUNDS
- Baroda BNP Paribas Liquid . . . . . . . . . . . . . . . . . .. . . 2907.5 8842 0.3 0.2 6.8 6.8 7.0 7.2 - ★ Canara Robeco Short Duration . . . . . . . . . . .. . . . . . . . 24.4 343 1.0 0.4 7.1 6.7 5.5 5.6 -
★ LIC MF Short Duration . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 14.0 113 1.3 0.4 7.4 6.8 5.3 5.2 - ★★★★★ Aditya Birla SL Bank & PSU Debt . . . . . . . . .. . . . . . 351.4 9483 0.7 0.4 7.8 7.3 6.2 6.5 -
- Canara Robeco Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3041.7 3197 0.2 0.1 6.8 6.8 7.0 7.3 -
- Bank of India Short Term Income . . . . . . .. . . . . . . . 25.7 85 1.0 0.5 9.0 7.5 13.7 8.4 - ★★★★★ ICICI Pru Banking & PSU Debt . . . . . . . . . . . . . .. . . . . . . . 31.4 9860 0.7 0.4 7.8 7.6 6.6 6.6 -
- DSP Liquidity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3608.6 17017 0.2 0.1 6.8 6.9 7.1 7.3 -
- Franklin Ind Short Term Income . . . . . . . . .. . . 5149.4 13 0.0 0.0 0.0 3.3 5.1 4.7 - ★★★★ DSP Banking & PSU Debt . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 23.1 2906 0.6 0.3 8.7 7.7 6.2 6.4 -
- Edelweiss Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3232.1 5489 0.2 0.1 6.9 6.8 7.0 7.3 -
- Groww Short Duration . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1995.8 60 1.6 0.4 6.7 6.1 4.9 4.6 - ★★★★ HDFC Banking and PSU Debt . . . . . . . . . . . . . . .. . . . . . . . 22.1 5904 0.8 0.4 7.8 7.3 6.1 6.4 -
- Groww Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2443.7 138 0.2 0.1 6.9 6.9 7.0 7.3 -
- Mahi Manu Short Duration. . . . . . . . . . . . . . . . . . . .. . . . . . . . 12.2 71 1.3 0.3 7.4 7.0 5.7 - 2.12 ★★★★ Kotak Banking and PSU Debt . . . . . . . . . . . . . .. . . . . . . . 62.7 5797 0.8 0.4 8.0 7.4 6.2 6.5 -
- HDFC Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 4959.3 68648 0.3 0.2 6.8 6.8 7.0 7.3 -
★★★ Axis Banking & PSU Debt . . . . . . . . . . . . . . . . . . . . . . .. . . 2524.6 12916 0.6 0.4 7.5 7.0 6.0 6.1 -
- HSBC Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2520.1 16220 0.2 0.1 6.8 6.8 7.0 7.3 - DEBT - MEDIUM DURATION FUNDS ★★★ Bandhan Banking & PSU Debt . . . . . . . . . . . . .. . . . . . . . 23.6 13369 0.6 0.3 7.5 7.1 6.0 6.4 -
- ICICI Pru Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 374.2 49653 0.3 0.2 6.8 6.8 7.0 7.3 -
★★★ Edelweiss Banking and PSU Debt . . . . . .. . . . . . . . 23.6 269 0.7 0.4 8.2 7.4 6.0 6.9 -
- Invesco India Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3474.1 11745 0.2 0.2 6.8 6.9 7.0 7.3 - ★★★★★ Aditya Birla SL Medium Term . . . . . . . . . . . . . . .. . . . . . . . 37.3 2004 1.6 0.9 10.6 8.7 13.9 11.3 24.99
★★★ Franklin Ind Banking & PSU Debt . . . . . . .. . . . . . . . 21.5 572 0.5 0.2 7.7 7.3 6.0 6.1 5.68
- ITI Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1318.0 49 0.3 0.1 6.7 6.7 6.7 6.9 - ★★★★ Axis Strategic Bond. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 26.8 1986 1.1 0.5 8.6 7.9 6.6 7.0 33.67
★★★ LIC MF Banking & PSU . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 33.3 1773 0.8 0.3 7.8 7.2 5.8 5.6 -
- JM Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 69.0 2941 0.3 0.2 6.6 6.7 6.9 7.2 - ★★★★ ICICI Pru Medium Term Bond . . . . . . . . . . . . . . .. . . . . . . . 42.8 5694 1.4 0.7 8.0 7.5 6.5 7.0 35.82
★★★ Nippon Ind Banking & PSU Debt . . . . . . . . .. . . . . . . . 19.9 5706 0.8 0.4 7.8 7.3 6.0 6.4 -
- Kotak Liquid. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 5108.8 33497 0.3 0.2 6.7 6.8 6.9 7.2 - ★★★ HDFC Medium Term Debt . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 54.0 3953 1.3 0.7 8.0 7.4 6.0 6.5 19.58
★★ Invesco India Banking and PSU . . . . . . . . . .. . . 2173.4 100 0.6 0.3 8.3 7.4 5.3 5.6 -
- LIC MF Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 4571.6 9444 0.2 0.2 6.7 6.8 7.0 7.3 - ★★★ HSBC Medium Duration . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 19.5 780 1.1 0.4 8.2 7.5 6.0 6.3 14.06
★★ SBI Banking and PSU . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2985.2 3719 0.8 0.3 7.7 7.1 5.8 5.9 7.43
- Mahi Manu Liquid. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1645.0 1158 0.3 0.2 6.8 6.9 7.0 7.3 - ★★★ Kotak Medium Term . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 21.8 1816 1.6 0.7 8.9 7.6 6.2 6.3 28.67
★★ Sundaram Banking & PSU. . . . . . . . . . . . . . . . . . . . .. . . . . . . . 41.2 336 0.4 0.3 7.9 7.4 6.0 5.6 -
- Mirae Asset Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2650.9 11206 0.2 0.1 6.8 6.8 7.0 7.3 - ★★★ SBI Magnum Medium Duration . . . . . . . . . . .. . . . . . . . 49.1 6567 1.2 0.7 8.1 7.6 6.3 6.9 32.44
★ HSBC Banking and PSU Debt . . . . . . . . . . . . . . .. . . . . . . . 23.2 4086 0.6 0.2 7.1 6.8 5.1 5.7 -
- Motilal Oswal Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 13.4 896 0.4 0.2 6.4 6.4 6.6 6.9 - ★★ DSP Bond . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 78.0 375 0.8 0.4 7.7 7.3 6.0 6.2 - ★ UTI Banking & PSU. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 21.0 810 0.5 0.4 7.6 7.1 8.2 7.2 -
- Motilal Oswal Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 10.0 896 - 0.2 0.0 0.0 0.0 0.0 - ★★ Nippon Ind Strategic Debt . . . . . . . . . . . . . . . . . . . .. . . . . . . . 14.8 114 1.1 0.5 8.3 7.7 5.9 1.3 39.40 - Baroda BNP Pari Banking and PSU ........ 12.1 26 0.8 0.4 7.9 7.0 5.4 - -
- Motilal Oswal Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 12.9 896 - 0.2 6.6 6.6 6.7 7.0 - ★ Bandhan Bond - Medium Term . . . . . . . . . . .. . . . . . . . 43.9 1475 1.3 0.6 7.5 6.9 5.2 5.6 - - ITI Banking & PSU Debt . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 12.5 31 0.7 0.2 7.6 6.9 6.1 - -
- Navi Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 27.6 73 0.2 0.2 6.6 6.7 6.8 6.9 - - Sundaram Medium Duration . . . . . . . . . . . . . . .. . . . . . . . 66.6 45 2.2 1.3 6.1 5.7 4.2 4.0 - - Mirae Asset Banking and PSU . . . . . . . . . . . . . .. . . . . . . . 12.4 51 0.8 0.4 7.9 7.1 5.7 - -
- Nippon Ind Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 6168.9 26986 0.3 0.2 6.8 6.8 6.9 7.3 - - Union Medium Duration . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 12.4 80 0.9 0.6 7.5 7.1 5.3 - - - TRUSTMF Banking & PSU . . . . . . . . . . . . . . . . . . . . . .. . . 1217.8 191 0.7 0.2 7.4 7.0 5.4 - -
- Parag Parikh Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1404.7 2230 0.3 0.2 6.5 6.5 6.7 6.9 - - UTI Medium Duration . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 17.6 40 1.5 0.8 7.6 7.0 5.5 4.5 21.01
- PGIM India Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 329.0 437 0.2 0.1 6.9 6.9 7.0 7.3 - DEBT - GILT FUND WITH 10 YEAR CONSTANT DURATION
f1ccf833-44c4-4575-b5cd-33fe76bd21c0

f1ccf833-44c4-4575-b5cd-33fe76bd21c0
DEBT - MEDIUM TO LONG DURATION FUNDS
- Quant Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 40.0 1756 0.5 0.3 7.0 6.8 6.9 7.0 -
- Bandhan G-Secs - Constant Maturity. . . . . . . . 43.5 360 0.4 0.2 9.6 8.5 6.2 6.5 -
- Quantum Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 34.0 524 0.3 0.2 6.6 6.6 6.7 7.0 -
★★★★★ UTI Medium to Long Duration . . . . . . . . . . . . .. . . . . . . . 70.4 313 1.6 1.2 8.4 7.3 8.4 7.0 4.80 - DSP 10Y G-Sec . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 20.8 57 0.5 0.3 8.9 8.2 5.8 5.8 -
- SBI Liquid. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3952.3 60844 0.3 0.2 6.7 6.7 6.9 7.2 -
★★★★ ICICI Pru Bond . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 38.5 3085 1.0 0.6 8.5 8.1 6.7 6.7 - - ICICI Pru Constant Maturity Gilt . . . . . . . . . .. . . . . . . . 23.5 2475 0.4 0.2 9.1 8.4 6.3 6.9 -
- Sundaram Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2230.3 5946 0.3 0.1 6.8 6.8 7.0 7.3 -
★★★★ SBI Magnum Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 67.8 1855 1.5 0.8 8.0 7.5 6.2 6.6 18.81 - SBI Magnum Constant Maturity . . . . . . . . . .. . . . . . . . 60.8 1771 0.6 0.3 9.1 8.2 6.2 6.4 -
- Tata Liquid. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3980.7 23173 0.3 0.2 6.8 6.8 7.0 7.3 -
★★★ Aditya Birla SL Income . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 120.8 2185 1.2 0.7 8.3 7.4 5.9 6.8 -
- Union Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2432.2 3743 0.2 0.1 6.8 6.9 7.0 7.3 -
★★★ Kotak Bond . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 73.9 2066 1.7 0.7 8.2 7.4 5.8 6.3 -
DEBT - GILT FUNDS
- UTI Liquid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 4146.2 23764 0.2 0.2 6.8 6.8 7.0 7.3 -
★★★ LIC MF Medium to Long Duration . . . . . . .. . . . . . . . 69.3 181 1.2 0.2 9.1 7.7 6.2 5.7 -
- WhiteOak Capital Liquid. . . . . . . . . . . . . . . . . . . . . . . .. . . 1360.3 306 0.3 0.2 6.8 6.8 6.9 7.2 - ★★★★★ ICICI Pru Gilt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 98.3 6811 1.1 0.6 8.1 8.2 7.0 7.3 -
★★★ Nippon Ind Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 86.3 400 1.5 0.7 8.1 7.4 6.2 6.0 -
★★★★★ SBI Magnum Gilt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 63.6 11265 0.9 0.5 8.8 8.1 7.0 7.1 -
ARBITRAGE FUNDS ★★ Canara Robeco Income . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 53.5 121 1.9 0.7 7.5 6.5 5.1 5.3 -
★★★★ Axis Gilt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 24.6 934 0.8 0.4 9.8 8.4 6.5 6.9 -
★★ HDFC Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 55.9 863 1.4 0.8 8.8 7.4 5.5 5.4 -
★★★★ DSP Gilt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 92.4 1782 1.2 0.6 10.0 8.5 6.7 7.2 -
- Aditya Birla SL Arbitrage . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 25.8 14115 1.0 0.3 7.8 7.1 6.8 7.4 - ★ Bandhan Bond - Income . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 62.7 484 2.0 1.3 7.7 6.8 5.0 5.5 -
★★★★ Edelweiss G-Secs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 23.7 173 1.2 0.5 9.5 7.8 6.2 7.2 -
- Axis Arbitrage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 18.1 5913 1.0 0.3 7.8 7.0 6.8 7.5 - - HSBC Medium to Long Duration . . . . . . . . .. . . . . . . . 40.5 49 1.9 0.7 7.6 6.6 4.8 4.9 -
★★★★ UTI Gilt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 60.4 647 0.9 0.7 8.7 7.7 6.3 6.2 -
- Bandhan Arbitrage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 31.5 7724 1.1 0.4 7.9 7.1 6.9 7.5 - - JM Medium to Long Duration. . . . . . . . . . . . . . .. . . . . . . . 59.3 27 1.1 0.6 7.8 7.2 5.2 5.4 -
★★★ Aditya Birla SL G-Secs . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 78.4 2045 1.1 0.5 8.8 7.9 6.1 6.6 -
- Bank of India Arbitrage . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 13.4 40 0.9 0.2 7.5 6.8 6.7 6.9 -
DEBT - LONG DURATION FUNDS ★★★ Bandhan G-Secs - Investment . . . . . . . . . . . . .. . . . . . . . 34.1 3841 1.1 0.5 10.3 8.5 6.3 6.9 -
- Baroda BNP Paribas Arbitrage . . . . . . . . . . . .. . . . . . . . 15.6 1358 1.2 0.4 7.8 6.5 6.6 7.4 0.30
★★★ HDFC Gilt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 53.2 2882 0.9 0.5 8.6 7.8 6.0 6.0 -
- DSP Arbitrage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 14.5 6132 1.0 0.4 8.1 7.2 6.9 7.4 -
- ICICI Pru Long Term Bond . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 86.2 1034 1.0 0.4 10.0 8.3 6.4 5.9 - ★★★ Kotak Gilt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 93.3 4442 1.5 0.5 8.2 7.7 6.1 6.6 -
- Edelweiss Arbitrage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 18.8 12136 1.1 0.4 8.3 7.3 6.9 7.6 -
- Nippon Ind Nivesh Lakshya . . . . . . . . . . . . . . . . . .. . . . . . . . 17.2 9411 0.6 0.3 10.9 8.9 7.2 7.0 - ★★★ Nippon Ind Gilt Securities . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 36.7 2140 1.3 0.5 8.8 7.7 6.0 6.1 -
- HDFC Arbitrage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 29.7 16867 0.9 0.4 8.3 7.4 7.0 7.6 -
★★★ PGIM India Gilt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 29.1 115 1.5 0.5 8.8 7.6 5.8 5.9 -
- HSBC Arbitrage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 18.4 2423 0.9 0.3 8.5 7.0 6.7 7.3 - DEBT - DYNAMIC BOND FUNDS
★★ Baroda BNP Paribas Gilt . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 40.8 1665 0.5 0.1 9.6 8.3 6.3 6.0 -
- ICICI Pru Equity-Arbitrage . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 33.3 24369 0.9 0.4 8.0 7.3 7.1 7.6 -
★★★★★ Aditya Birla SL Dynamic Bond . . . . . . . . . . . . .. . . . . . . . 44.3 1717 1.2 0.6 8.7 7.8 7.3 7.2 2.50 ★★ Canara Robeco Gilt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 72.9 139 1.3 0.5 8.6 7.4 5.9 5.9 -
- Invesco India Arbitrage . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 31.0 18910 1.1 0.4 8.2 7.3 7.0 7.6 -
★★★★ 360 ONE Dynamic Bond . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 21.6 737 0.5 0.3 9.5 8.2 6.7 6.7 - ★★ Invesco India Gilt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2735.8 1504 1.3 0.5 9.7 8.1 6.5 5.5 -
- ITI Arbitrage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 12.6 39 0.9 0.2 7.5 6.8 6.4 7.3 -
★★★★ DSP Strategic Bond . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3253.1 1893 1.2 0.5 10.0 8.9 6.5 6.8 - ★★ Tata Gilt Securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 75.0 1080 1.4 0.3 8.2 7.7 6.2 5.7 -
- JM Arbitrage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 31.7 195 1.1 0.4 7.0 6.9 6.5 7.1 -
★ Franklin Ind G-Secs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 56.6 152 1.2 0.6 7.4 6.4 5.2 5.2 -
★★★★ ICICI Pru All Seasons Bond . . . . . . . . . . . . . . . . . . . .. . . . . . . . 35.4 13407 1.3 0.6 8.1 7.9 6.9 7.3 18.48
- Kotak Equity Arbitrage . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 36.3 54913 1.0 0.4 8.0 7.4 7.0 7.8 -
★ HSBC Gilt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 63.8 263 1.7 0.5 8.0 6.7 5.4 5.5 -
★★★★ SBI Dynamic Bond . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 34.3 3324 1.5 0.6 8.6 7.7 6.7 6.4 -
- LIC MF Arbitrage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 13.4 310 1.0 0.3 7.6 7.1 6.6 7.1 -
- LIC MF Gilt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 57.6 101 1.5 1.7 8.5 7.3 5.5 5.8 -
★★★ Baroda BNP Paribas Dynamic Bond . .. . . . . . . . 44.0 177 1.7 0.7 8.3 7.5 6.3 5.8 -
- Mahi Manu Arbitrage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 12.1 110 1.2 0.4 6.7 6.0 5.5 6.2 -
★★★ HDFC Dynamic Debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 86.4 793 1.5 0.8 8.5 7.6 5.8 6.6 - DEBT - FLOATER FUNDS
- Mirae Asset Arbitrage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 12.7 2931 0.9 0.2 8.1 7.1 6.7 7.4 -
★★★ HSBC Dynamic Bond . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 28.4 159 0.8 0.2 8.6 7.5 6.1 5.9 -
- Nippon Ind Arbitrage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 25.8 14739 1.1 0.4 8.0 7.0 6.8 7.4 -
★★★ Kotak Dynamic Bond . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 36.1 3023 1.3 0.6 9.1 7.9 6.2 6.6 - ★★★★★ HDFC Floating Rate Debt . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 47.9 14929 0.5 0.3 8.2 8.0 6.9 6.7 5.65
- PGIM India Arbitrage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 17.8 81 1.1 0.4 6.8 6.8 6.6 7.0 -
★★★ PGIM India Dynamic Bond . . . . . . . . . . . . . . . . . . . .. . . 2532.3 108 1.6 0.4 8.8 7.4 5.8 5.7 - ★★★★ Aditya Birla SL Floating Rate . . . . . . . . . . . . . . . .. . . . . . 334.3 13287 0.4 0.2 7.9 7.7 6.7 6.4 -
- SBI Arbitrage Opport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 32.8 31141 1.0 0.4 8.0 7.2 6.9 7.5 -
★★★ UTI Dynamic Bond . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 29.7 507 1.5 0.7 8.5 7.3 8.4 8.3 - ★★★ ICICI Pru Floating Interest . . . . . . . . . . . . . . . . . . . . .. . . . . . 408.2 7777 1.2 0.6 8.0 7.9 6.8 6.6 14.04
- Sundaram Arbitrage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 14.0 234 1.0 0.3 7.9 6.9 6.7 7.1 -
★★ Axis Dynamic Bond . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 28.3 1412 0.6 0.3 8.5 7.5 6.0 6.6 - ★★★ Kotak Floating Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1448.5 3578 0.6 0.3 8.2 7.8 6.4 6.8 0.70
- Tata Arbitrage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 13.9 12675 1.1 0.3 7.7 7.1 6.8 7.4 -
★★ Bandhan Dynamic Bond . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 32.9 3076 1.6 0.7 9.7 8.0 5.9 6.4 - ★★★ Nippon Ind Floating Rate . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 43.3 7581 0.6 0.3 8.2 7.7 6.4 6.8 -
- Union Arbitrage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 13.6 223 1.0 0.4 8.0 7.3 6.8 7.5 -
★★ Canara Robeco Dynamic Bond . . . . . . . . . . .. . . . . . . . 28.4 125 1.8 0.7 7.5 6.5 5.3 5.3 - ★★ Franklin Ind Floating Rate . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 39.0 291 1.0 0.2 8.1 7.7 6.6 5.8 5.59
- UTI Arbitrage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 34.0 6695 0.7 0.3 8.2 7.3 7.0 7.6 -
★★ Nippon Ind Dynamic Bond . . . . . . . . . . . . . . . . . . .. . . . . . . . 35.7 4234 0.7 0.3 9.3 7.9 6.3 6.4 - ★ UTI Floater . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1440.9 1409 0.8 0.4 6.9 6.9 5.9 5.6 -
★ Mirae Asset Dynamic Bond . . . . . . . . . . . . . . . . . . .. . . . . . . . 15.5 119 1.1 0.2 7.0 6.4 4.9 5.3 - - Bandhan Floating Rate . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 12.4 286 0.8 0.3 7.9 7.3 6.2 - 24.59
bl. rating Scheme Name Latest Latest Expense Ratio (%) Trailing Returns (%)
NAV AA ★ Union Dynamic Bond. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 22.5 79 1.5 1.2 8.4 7.4 5.3 5.6 - - DSP Floater . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 12.7 618 0.5 0.3 9.1 8.5 6.8 - -
Corpus 1 Year
Regular Direct 2 Year 3 Year 5 Year & Below
(₹) (₹ Cr) CAGR CAGR - Aditya Birla SL Dynamic Bond . . . . . . . . . . . . .. . . . . . . . 30.7 1717 - 0.6 8.7 7.8 7.3 7.2 2.50 - SBI Floating Rate Debt . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 12.8 1294 0.5 0.3 8.2 7.9 6.7 - -
CAGR CAGR (%)
- Groww Dynamic Bond. . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1416.4 57 1.5 0.5 6.7 6.0 5.0 5.1 -
- JM Dynamic Bond . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 39.7 44 1.0 0.5 8.0 7.1 6.1 5.7 - bl. rating Scheme Name Latest Latest Expense Ratio (%) Trailing Returns (%)
Sortino
DEBT FUNDS - Mahi Manu Dynamic Bond . . . . . . . . . . . . . . . . . . . .. . . . . . . . 13.7
- Quantum Dynamic Bond. . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 20.6
80
132
1.6
1.0
0.4
0.5
8.2
9.0
7.0
8.1
5.1
7.1
4.6
6.7
6.30
-
NAV
(₹)
Corpus
(₹ Cr)
Regular Direct 1 Year 3 Year
CAGR CAGR
5 Year 10 Year Ratio
CAGR CAGR (%)

DEBT - ULTRA SHORT DURATION FUNDS DEBT - CORPORATE BOND FUNDS

★★★★★ Nippon Ind Ultra Short Duration . . . . . . . .. . . 3891.9 7695 1.1 0.4 7.2 7.0 6.2 6.2 7.33 ★★★★★ ICICI Pru Corporate Bond . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 28.6 29118 0.6 0.4 7.9 7.8 6.8 6.9 -
SOLUTION ORIENTED FUNDS
★★★★★ UTI Ultra Short Duration . . . . . . . . . . . . . . . . . . . . . . . .. . . 4097.1 3047 0.9 0.3 7.1 7.0 6.1 5.9 4.16 ★★★★★ Nippon Ind Corporate Bond . . . . . . . . . . . . . . . . .. . . . . . . . 57.4 6566 0.7 0.4 8.4 7.8 6.7 6.8 -
SOLUTION ORIENTED - CHILDREN'S FUNDS
★★★★ Aditya Birla SL Savings . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 528.2 16349 0.6 0.3 7.8 7.5 6.6 6.1 11.52 ★★★★ Aditya Birla SL Corporate Bond. . . . . . . . . . .. . . . . . 108.2 24979 0.5 0.3 8.5 7.9 6.7 7.1 -
★★★★ Baroda BNP Pari Ultra Short Dur . . . . . . . .. . . 1488.2 1119 0.5 0.3 7.4 7.3 6.5 5.7 1.61 ★★★★ Axis Corporate Bond . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 16.3 6048 0.9 0.3 8.0 7.4 6.2 6.7 -
- Axis Children's . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 24.9 892 2.3 1.3 13.5 5.1 11.5 - 0.27
★★★★ HDFC Ultra Short Term . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 14.6 14105 0.7 0.4 7.4 7.2 6.3 5.8 0.53 ★★★★ HDFC Corporate Bond . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 31.2 32374 0.6 0.4 8.5 7.9 6.5 6.9 -
- HDFC Children's. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 284.9 9944 1.7 0.9 13.7 14.4 17.7 13.3 0.44
★★★★ ICICI Pru Ultra Short Term . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 26.7 13502 0.8 0.4 7.4 7.2 6.3 5.9 5.61 ★★★ Bandhan Corporate Bond . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 18.4 13822 0.7 0.3 7.5 7.2 5.7 6.4 -
- ICICI Pru Child Care (Gift Plan). . . . . . . . . . . . .. . . . . . 298.3 1305 2.2 1.5 13.9 14.3 15.2 11.3 0.37
★★★ Axis Ultra Short Duration . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 14.2 5996 1.2 0.4 6.9 6.8 5.9 5.2 3.35 ★★★ Franklin Ind Corporate Debt. . . . . . . . . . . . . . . . .. . . . . . . . 94.5 750 0.8 0.2 7.6 7.1 5.8 5.9 5.67
- LIC MF Children’s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 33.7 17 2.5 1.7 16.1 10.8 12.6 8.9 0.30
★★★ Bandhan Ultra Short Term . . . . . . . . . . . . . . . . . . . .. . . . . . . . 14.7 3980 0.5 0.3 7.3 7.2 6.3 5.5 - ★★★ Invesco India Corporate Bond . . . . . . . . . . . . .. . . 3042.1 5671 0.7 0.3 8.1 7.4 5.9 6.1 -
- SBI Mag Children's Benefit - Sav . . . . . . . . .. . . . . . 106.0 123 1.2 0.9 15.4 11.2 13.2 11.5 0.71
★★★ Invesco India Ultra Short Duration . . . .. . . 2603.0 1424 0.8 0.2 7.4 7.0 6.1 5.2 2.60 ★★★ Kotak Corporate Bond . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3611.8 14150 0.7 0.3 8.2 7.6 6.3 6.4 - - Tata Young Citizens . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 59.3 362 2.6 1.9 9.6 11.2 17.6 11.6 0.38
★★★ Kotak Savings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 41.4 13955 0.8 0.4 7.1 7.0 6.2 5.5 2.51 ★★★ SBI Corporate Bond . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 14.8 20415 0.8 0.4 7.9 7.3 6.0 6.2 - - UTI Children's Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 81.2 1107 2.3 1.2 11.4 8.7 15.7 11.9 0.33
★★★ PGIM India Ultra Short Duration . . . . . . . . .. . . . . . . . 33.0 231 0.9 0.3 6.8 6.7 5.9 5.3 - ★★★ Sundaram Corporate Bond . . . . . . . . . . . . . . . . . .. . . . . . . . 38.5 712 0.6 0.3 7.9 7.1 6.0 6.4 - - UTI Children's Hybrid . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 38.6 4526 1.7 1.5 9.8 8.1 10.4 8.6 0.34
★★★ SBI Magnum Ultra Short Duration. . . . . .. . . 5766.7 12178 0.5 0.3 7.3 7.2 6.3 5.6 - ★★★ UTI Corporate Bond . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 15.7 4696 0.6 0.3 7.8 7.4 6.1 6.5 -
★★★ WhiteOak Capital Ultra Short Dur . . . . . .. . . 1317.5 323 1.0 0.5 6.8 6.6 5.7 4.9 - ★★ Canara Robeco Corporate Bond . . . . . . . . .. . . . . . . . 20.9 133 1.0 0.4 7.4 6.7 5.5 5.7 - SOLUTION ORIENTED - RETIREMENT FUNDS
★★ BOI Ultra Short Duration . . . . . . . . . . . . . . . . . . . . . . .. . . 3058.3 168 0.9 0.3 6.6 6.4 5.8 5.1 - ★★ HSBC Corporate Bond . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 69.9 5703 0.6 0.3 8.1 7.3 5.8 6.5 -
- Franklin Ind Pension . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 210.3 517 2.3 1.5 11.3 9.1 9.3 8.3 0.35
★★ Canara Robeco Ultra Short Term . . . . . . . .. . . 3673.1 583 1.0 0.3 6.7 6.6 5.7 4.8 - ★★ Union Corporate Bond . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 14.6 258 0.7 0.4 8.0 7.2 5.7 6.0 -
- HDFC Retirement Savings - Equity . . . . .. . . . . . . . 48.2 6049 1.8 0.7 14.5 17.4 22.5 - 0.49
★★ DSP Ultra Short . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 3287.9 2961 1.0 0.3 6.9 6.8 5.9 5.0 0.87 ★ Baroda BNP Pari Corporate Bond . . . . . .. . . . . . . . 26.2 214 0.6 0.2 8.4 7.7 5.8 5.7 -
- HDFC Retire Savings-Hybrid-Debt . . . . .. . . . . . . . 20.8 160 2.1 1.0 8.9 8.0 8.5 - 0.55
★★ Tata Ultra Short Term . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 13.7 3961 1.2 0.3 6.9 6.7 5.9 5.1 4.93 ★ DSP Corporate Bond . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 15.3 2576 0.5 0.3 7.7 7.1 5.5 5.7 -
- HDFC Retire Savings Hybrid Eq . . . . . . . . . . .. . . . . . . . 36.9 1581 2.1 0.9 11.4 12.9 16.2 - 0.42
★ Motilal Oswal Ultra Short Term . . . . . . . . . . .. . . . . . . . 16.0 492 1.1 0.5 6.0 5.9 5.2 4.4 - - Mirae Asset Corporate Bond. . . . . . . . . . . . . . . . .. . . . . . . . 12.2 42 0.7 0.2 8.0 7.1 5.7 - -
- LIC MF Unit Linked Insurance. . . . . . . . . . . . . . .. . . . . . . . 35.3 490 2.4 1.4 11.6 8.0 11.7 9.5 0.26
★ Sundaram Ultra Short Duration . . . . . . . . . .. . . 2603.4 2091 1.5 0.2 6.4 6.3 5.4 4.6 - - PGIM India Corporate Bond. . . . . . . . . . . . . . . . . .. . . . . . . . 41.4 95 1.0 0.3 7.6 7.0 5.7 6.1 -
- Nippon Ind Retire-Income Gene . . . . . . . . .. . . . . . . . 19.5 156 2.1 1.0 10.4 7.5 7.5 - 0.44
- Aditya Birla SL Savings . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 303.9 16349 0.3 0.3 7.6 7.4 6.5 6.1 11.52
DEBT - CREDIT RISK FUNDS - Nippon Ind Retire-Wealth Cre. . . . . . . . . . . . . .. . . . . . . . 27.7 3286 1.9 1.0 16.5 14.8 15.3 - 0.29
- HSBC Ultra Short Duration . . . . . . . . . . . . . . . . . . .. . . 1306.3 2625 0.5 0.2 7.3 7.2 6.3 - -
- Tata Retirement Savings Con. . . . . . . . . . . . . . .. . . . . . . . 30.6 174 2.2 1.0 8.8 6.6 7.9 8.0 0.38
- LIC MF Ultra Short Duration . . . . . . . . . . . . . . . . . .. . . 1278.5 215 1.0 0.3 6.8 6.4 5.7 4.9 - ★★★★★ Baroda BNP Paribas Credit Risk. . . . . . . . . .. . . . . . . . 21.3 169 1.6 0.8 8.2 7.8 6.8 8.2 55.52 - Tata Retirement Savings Moderate . . .. . . . . . . . 62.4 2182 2.0 0.6 16.5 11.8 14.4 12.7 0.35
- Mahi Manu Ultra Short Duration . . . . . . . . .. . . 1328.7 225 0.7 0.3 7.3 7.1 6.2 5.5 1.87 ★★★★★ DSP Credit Risk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 42.0 189 1.1 0.4 7.7 11.6 10.9 8.0 70.59 - Tata Retirement Savings Progre . . . . . . . . .. . . . . . . . 64.1 2122 2.0 0.5 18.2 12.5 15.3 13.5 0.34
- Mirae Asset Ultra Short Duration . . . . . . . .. . . 1261.4 1616 0.5 0.2 7.6 7.4 6.5 - 1.23 ★★★★ Aditya Birla SL Credit Risk . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 20.6 918 1.5 0.7 12.1 9.5 8.7 8.3 54.33 - UTI Retirement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 47.6 4631 1.7 1.0 13.1 11.2 12.9 9.4 0.49
DEBT - MONEY MARKET FUNDS ★★★★ ICICI Pru Credit Risk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 30.4 6287 1.4 0.8 8.3 7.9 7.0 7.3 55.00
★★★ Axis Credit Risk. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 20.5 415 1.6 0.8 8.0 7.5 6.4 6.6 57.12 Source : ACE MF. NAV for the growth option as on 10-01-2025. Returns for regular plans considered.
★★★★★ Aditya Birla SL Money Manager. . . . . . . . . . .. . . . . . 356.4 22772 0.4 0.2 7.7 7.6 6.7 6.1 -
★★★★★ Nippon Ind Money Market. . . . . . . . . . . . . . . . . . . . .. . . 3996.9 15877 0.4 0.3 7.6 7.5 6.7 6.0 -
★★★★ ICICI Pru Money Market . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . 365.4 25286 0.3 0.2 7.6 7.5 6.6 5.9 -
★★★★ Tata Money Market . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 4547.7 24751
★★★★ UTI Money Market . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 2969.4 15370
★★★ DSP Savings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 50.8 4008
0.4
0.2
0.5
0.2
0.2
0.2
7.6
7.6
7.3
7.5
7.6
7.2
6.6
6.7
6.2
6.0
6.0
5.6
-
-
-
Our Ratings Our rating is based on the historical
performance of funds (regular plans)
measured both in terms of return
returns. Sortino ratio and one-year
performance is given a 30 per cent
and 10 per cent weightage
are also shown. While the ratings will
be revised only at fixed intervals,
returns data shown here are updated
★★★ Franklin Ind Money Market . . . . . . . . . . . . . . . . . . .. . . . . . . . 48.3
★★★ HDFC Money Market. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 5505.9 24761
★★★ Kotak Money Market . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 4325.6 26728
2374 0.3
0.4
0.4
0.1
0.2
0.2
7.6
7.6
7.6
7.5
7.5
7.5
6.5
6.6
6.6
5.8
6.0
5.8
-
-
-
Methodology (rolling return) and risk (sortino
ratio).
Rolling returns help identify
schemes that have delivered
respectively. The final score is used
to rate funds within each category,
from 5-star to 1-star, with 5-star
being the best rating. Ratings for all
weekly. For all other metrics, the
latest available data is considered.

RATINGS EXCLUSIONS
★★★ SBI Savings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 40.0 25722 0.8 0.3 7.2 7.1 6.2 5.5 - relatively consistent returns during funds now are based on data as on Funds with a corpus of less than ₹100
★★★ Sundaram Money Market . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 14.4 574 0.3 0.2 7.4 7.3 6.4 5.5 - various market cycles and over the July 31, 2024. crore, those that have less than a
★★ Baroda BNP Paribas Money Market . . .. . . 1328.5 422 0.4 0.2 7.3 7.1 6.1 5.0 - long run. We have considered one-, seven-year or five-year NAV history,
★★ HSBC Money Market. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 25.4 2244 0.4 0.2 7.4 7.2 6.2 5.3 -
three- and five-year rolling returns WHAT’S ON OFFER categories that have less than five
★★ Invesco India Money Market. . . . . . . . . . . . . . . . .. . . 2937.2 5569 0.5 0.2 7.4 7.2 6.1 5.5 -
for a total of seven-year NAV history On the equity side we additionally funds, and schemes that have
for equity and hybrid funds. For showcase select passive funds and on undergone a drastic change in their
★ Bandhan Money Manager . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 38.8 8169 0.4 0.1 7.1 6.9 6.0 5.2 -
debt-oriented funds, we have the debt side, liquid and arbitrage mandate and portfolio (including
★ Edelweiss Money Market . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 27.5 1233 0.8 0.2 6.9 6.7 5.6 5.2 -
considered one-, two- and three-year funds are included. Expense ratio for multi-cap category) are not rated.
- Axis Money Market . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . 1378.2 15464 0.3 0.2 7.7 7.5 6.6 6.0 - rolling returns for a total of five-year both direct and regular plans are Retirement funds and children’s
- PGIM India Money Market . . . . . . . . . . . . . . . . . . . . .. . . 1279.7 174 0.5 0.2 7.1 7.1 6.3 - - NAV history. Sortino ratio measures disclosed. For equity, passive and funds are also not rated as the
the performance of the schemes solution-fund categories, 10-year investment styles of funds within
DEBT - SHORT DURATION FUNDS
during downtrends, thus capturing returns are shown to give long-term each of these categories are not
the downside risk. One-year trailing investors, a perspective. Three vital homogeneous. Passive funds cannot
★★★★★ ICICI Pru Short Term. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 57.6 19700 1.0 0.5 7.7 7.6 6.7 6.8 5.91
return is also considered to assess metrics for all funds — sortino ratio be rated based on return metrics and
★★★★★ UTI Short Duration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 30.4 2610 0.8 0.4 7.8 7.4 6.2 7.4 3.46
the fund’s recent performance. (equity, solution categories), hence excluded. Since liquid and
★★★★ Aditya Birla SL Short Term . . . . . . . . . . . . . . . . . . . .. . . . . . . . 45.6 8599 1.0 0.4 7.9 7.4 6.4 6.7 2.80 To arrive at the final score, we have tracking error (passive) and arbitrage funds are predominantly
★★★★ Axis Short Duration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 29.6 8879 0.9 0.4 7.9 7.4 6.2 6.4 1.97 assigned a 60 per cent weightage for exposure to ‘AA & below’ rated short-term parking grounds for cash,
★★★★ HDFC Short Term Debt . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . 30.7 14816 0.7 0.4 8.2 7.7 6.4 6.7 4.95 past performance based on rolling instruments (debt, cash categories) we haven’t rated these as well.
★★★★ Sundaram Short Duration . . . . . . . . . . . . . . . . . . . .. . . . . . . . 42.5 218 0.9 0.3 7.8 7.3 6.1 6.3 -

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 12 . bl . News
DELHI

businessline.portfolio
SUNDAY - JANUARY 12 - 2025

Clean energy sector must become Now, hotels body flays delivery
independent of govt support: Goyal platforms for private food labels
even playing field that dis-
Meenakshi Verma Ambwani BREACH proportionately harms
RE PUSH. Bharat Cleantech Manufacturing Platform will enhance value chains in solar, wind, H2, battery storage New Delhi
OF NORMS restaurants, ” he added.
FHRAI has accused
share ideas, technologies and After the National Restaur- MISUSE OF DATA
Our Bureau resources. ant Association of India Zomato and Swiggy of The industry body has said
New Delhi “This will help India become an (NRAI), another leading in- violating “established that it is alarming that these
The Bharat Cleantech attractive business case and a global dustry body has now raised e-commerce aggregators will be lever-
Product Linked Incentives (PLIs) Manufacturing Platform will leader in the sustainability and concerns about the foray of regulations” with the aging years worth of propri-
launch of the private
and subsidies are detrimental to help India become an cleantech sector,” the Minister Zomato and Swiggy into
label food delivery
etary data collected from
long-term growth and development attractive business case and added. quick-commerce private-la- restaurants including cus-
of the clean energy sector, Com- India has been one of the best per- bel food delivery with the apps tomer preferences, order
merce and Industry Minister Piyush a global leader in the forming countries in terms of meet- launch of Bistro and Snacc, history, and sales trends to
Goyal has s aid. sustainability and ing the Nationally Determined Con- respectively. develop and promote their
“PLI schemes can only help kick- cleantech sector tributions (NCDs) submitted in The Federation of Hotel FHRAI, said, “We are meet- own branded products.
start the sector, but the clean energy 2015 to the United Nations Frame- and Restaurant Associations ing the Commerce Ministry
PIYUSH GOYAL
sector must strive to become self- work Convention on Climate of India (FHRAI) has ac- soon and have requested an ETHICAL CONCERNS
Commerce & Industry Minister
sustaining and independent of the Change (UNFCCC) and the Paris cused aggregators Zomato expedited appointment to “Restaurants are excluded
government,” he said while unveil- Agreement, the Minister noted. and Swiggy of violating “es- discuss this serious issue. from access to this data,
ing the Bharat Cleantech Manufac- tablished e-commerce regu- The actions of platforms like making it even more challen-
turing Platform at the Bharat Cli- 500 Giga Watt (GW) of clean energy and sale of High Efficiency Solar PV AHEAD OF SCHEDULE lations” with the launch of Zomato and Swiggy repres- ging for them to compete.
mate Forum 2025. sources in the country by 2030. modules. “We have achieved the target of in- private label food delivery ent a direct violation of es- This creates a dangerous en-
The Bharat Cleantech Manufac- The Ministry of New and Renew- stalling renewable or clean energy apps. The industry body said tablished e-commerce regu- vironment for small- and
turing Platform is an initiative de- able Energy is implementing the PLI ‘THINK INNOVATIVELY’ by 2022, eight years ahead of sched- it is set to meet the Com- lations. These companies medium-size enterprises
signed to enhance India’s cleantech Scheme for National Programme on Goyal asked the participants at the ule. merce Ministry on the issue. were originally designed to and raises significant ethical
value chains in the solar, wind, hy- High Efficiency Solar PV Modules, event to think innovatively, and in- “Having achieved the milestone Earlier, NRAI said it is look- function as neutral market- and legal concerns around
drogen and battery storage sectors, for achieving manufacturing capa- crease manufacturing scale in the of setting up 200 GW of clean en- ing at legal remedies and may place platforms, connecting the misuse of sensitive data,”
according to a press statement is- city of GW scale in High Efficiency country. ergy, we are well poised to achieving also approach the Competi- consumers with restaurants, Shetty added.
sued by the Commerce Ministry on Solar PV modules with outlay of He said that the launch of the 500 GW (by 2030),” he said. tion Commission of India on not as direct competitors.” FHRAI has also raised
Saturday. ₹24,000 crore. Bharat Cleantech Manufacturing The challenges of climate change this issue. “By introducing and concerns about whether
Goyal hoped that the participants The scheme has provision for PLI Platform will provide an opportun- are not new to India, the Commerce selling their own food food safety standards are be-
at the Forum would be able to to the selected solar PV module ity for the Indian firms to collabor- Minister said, adding that Gujarat SERIOUS ISSUE products, they undermine ing maintained to make
f1ccf833-44c4-4575-b5cd-33fe76bd21c0

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achieve the target set by Prime Min- manufacturers for five years post ate, to co-innovate and will help was one of the first States to adopt In a statement, Pradeep Sh- the very essence of a market- these private label food
ister Narendra Modi of setting up commissioning, on manufacture provide a platform for financing, to solar power. etty, Vice-President of place model, creating an un- products.

FPIs offload ₹22,194 crore FOG BLANKETS NORTH DMart Q3 net profit up
of equities in Jan 1-10 4.8% on rise in revenue
ahead of Trump takeover Aroosa Ahmed
Mumbai
SHARP CONTRAST
KR Srivats The January FPI outflow is in
New Delhi sharp contrast to December Avenue Supermarts, which
when FPIs had net invested operates the DMart hyper-
Foreign Portfolio Investors ₹15,448 crore. market chain, reported a 4.78
(FPIs) embarked on a selling VK Vijayakumar, Chief In- per cent increase in its con-
spree in Indian equities vestment Strategist, Geojit solidated net profit for the
ahead of Donald Trump’s in- Financial Services, said FPIs quarter ended December 31, The company’s board has
auguration as US President intensified their selling at ₹723 crore compared to appointed Anshul Asawa as
on January 20. In the first ten in January. “They have been ₹690 crore reported during the CEO Designate, effective
days of January, FPIs net sold sellers on all days except the same time last year. March 15, 2025
shares worth ₹22,194 crore, January 2. The single major The retailer reported a
intensifying the pressure on reason for the relentless 17.68 per cent increase in its significantly more demand
the domestic equity markets. selling by the FPIs is the revenue with ₹15,972 crore for home delivery compared
The sell-off aligns with a steady rise in the dollar index during the quarter compared to pick-up point and hence
broader trend of volatility in which is above 109 now. The to ₹13,572 crore in the year we continue to align our
Indian equities this past 10-year bond yield surging ago period. business to that extent. Our
week, with FPIs remaining above 4.6 per cent is ensur- The company’s quarter- home delivery business now
net sellers every trading day. ing capital flows from emer- PLUMMETING VISIBILITY. People cross a pontoon bridge on a foggy winter afternoon in Prayagraj in Uttar Pradesh on on-quarter net profit rose far exceeds our pick-up point
Concerns over potential ging markets like India,” he Saturday. Dense fog continued to blanket large parts of northern India on Saturday morning, with the iconic Taj Mahal also 9.71 per cent to ₹659 crore sales contribution. We will
policy shifts under the in- said. shrouded in fog PTI while a 10.57 per cent in- continue to provide both
coming US administration The latest data indicate re- crease in consolidated rev- channels of delivery as an op-
coupled with global eco- silience of the US economy enue was witnessed with tion to our shoppers in select
nomic uncertainties have and the unemployment rate ₹14,444 crore in the Septem- towns. In several towns, we
heightened investor caution.

RESPITE FROM DII BUY

has come better-than-expec-
ted at 4.1 per cent. This
means the possibility of
LIC beats industry, private insurers ber quarter.
The Q3 same-store rev-
enue growth for 2 years and
now only operate ‘Home De-
livery’ as a delivery channel,”
said Neville Noronha, CEO
However, domestic institu-
tional investors (DIIs)
provided some respite to the
more rate cuts by the Fed in
2025 is receding and this will
further push up bond yields.
in new business premium growth older stores was at 8.3 per
cent. “We continue to see in-
creased intensity in dis-
and Managing Director.
Noronha will be stepping
down from his role after the
market. Riding on robust re- “The macro construct is not December 2023. The ership in India’s competit- counting in the FMCG cat- completion of his term in
tail inflows into equity mu- favourable for the return of KR Srivats egory and the consequent January 2026. The board has
New Delhi
Group Premium segment ive life insurance sector.
tual fund schemes, DIIs the FPIs in the near-term,” saw a sharp 53.75 per cent impact to high turnover per appointed Anshul Asawa as
stepped in as net buyers, par- Vijayakumar added. drop, falling to ₹8,238.67 DRIVING LEADERSHIP square feet stores in metro the CEO Designate, effective
tially offsetting the FPI ex- The sharp FPI outflows Life Insurance Corpora- crore from ₹17,812.46 LIC’s performance in 2024 towns,” the retailer said. March 15, 2025. Anshul joins
odus. contributed significantly to tion of India, the nation’s crore. However, Group underscores its dominance “However, we stay commit- DMart after a 30-year stint at
Market analysts attribute the Indian equity market’s largest life insurer, reaf- Yearly Premium Collec- in India’s life insurance ted to being the most pre- Unilever.
FPI outflows to a combina- largest weekly decline in firmed its leadership in tions increased signific- sector, even as competi- ferred value retailer to cus- Food continued to be the
tion of profit-booking, global nearly a month. Sensex and 2024 by outpacing both the antly, rising 134.67 per tion from private insurers tomers in the vicinity of a major revenue contributor,
liquidity adjustments, and Nifty50 registered losses of 2 industry average and cent to ₹134.44 crore from intensifies. Its ability to DMart store or a fulfilment increasing its share to 57.01
apprehensions surrounding per cent each during the private insurers in new ₹57.29 crore. The number grow its NBP at a rate ex- centre of DMart Ready,” it per cent while the share of
Trump’s policy directions. week, while the mid-cap in- business premium (NBP) ing by 18.22 per cent to of policies issued in ceeding the industry and said. DMart Ready grew by non-fast Moving Consumer
Retail investor participation dex plunged 6 per cent and growth. ₹1,69,240.45 crore from December fell 19.85 per private peers highlights its 21.5 per cent in 9 months FY Goods, general merchandise
through mutual funds re- the small-cap index declined Data from the Life In- ₹1,43,152.75 crore. Group cent to 21.24 lakh, down continued appeal among 2025. and apparel stood at 20 and
mains a bright spot, reflect- by over 7 per cent. Market surance Council show that Yearly Premiums also from 26.50 lakh in Decem- policyholders, particularly 22.99 per cent, respectively.
ing growing confidence in In- observers noted the sell-off LIC recorded a 14.64 per surged 48.31 per cent, ber 2023. The Individual in the Group Premium seg- E-COMMERCE MARKET The company expanded
dia’s long-term growth story was broad-based, with all cent year-on-year (YoY) reaching ₹2,467.14 crore Category saw a steeper de- ment, industry observers “In the rapidly evolving dy- its store presence and now
despite short-term market sectoral indices, except the growth in NBP, surpassing compared with ₹1,663.55 cline of 31.61 per cent, noted. namics of the grocery e-com- has 387 outlets compared to
turbulence. Nifty IT index, in the red. the industry’s 14.41 per crore in the previous year. while Group Yearly Renew- The decline in the num- merce market, we are seeing 365 in FY24.
cent growth and private However, the number of able Policies dropped 24.87 ber of policies issued sug-
life insurers’ 14.55 per cent policies issued declined to per cent. Group Schemes gests LIC is focussing on
increase. LIC’s premium 1.96 crore in 2024, down and Policies rose modestly high-value products rather
collections rose to 2.72 per cent from 2.01 by 4.13 per cent. than volumes, a strategy
TACC partners with Lanka’s ₹2,33,073.36 crore in 2024, crore in 2023. Individual that aligns with its efforts AIG Hospitals to buy cancer
up from ₹2,03,303 crore in policies fell to 1.95 crore, BIMA SAKHI to boost profitability and
CGT to set up graphene unit 2023. The overall life insur- while Group Yearly Renew- LIC’s Bima Sakhi scheme, improve operational effi- treatment system for ₹800 cr
ance industry collected able Policies dropped to aimed at empowering wo- ciency, they said.
The company did not ₹4,02,773.18 crore, while 29,968. Group Schemes men as licensed insurance Moreover, LIC’s com- cancers, particularly in chil-
Our Bureau disclose the investment be- G Naga Sridhar dren and adults with tu-
Mumbai
private life insurers and Policies bucked the agents, gained traction in mitment to innovation, as
ing made to set up the garnered ₹1,69,699.83 trend, rising 14.57 per cent 2024. Within a month of its seen in the Bima Sakhi ini- Hyderabad mours located near critical
facility. crore. to 6,362. launch, 52,511 women re- tiative, is helping the in- organs.
TACC, a wholly-owned gistered, with 27,695 re- surer adapt to changing The board of AIG Hospitals “The acquisition of the
subsidiary of HEG, has STRATEGIC TIE-UP SEGMENT-WISE DEC PERFORMANCE ceiving appointment let- customer preferences and has approved the acquisition Proton Beam Therapy Sys-
entered into a partnership “This MoU establishes a LIC’s Individual Premium LIC’s December results ters and 14,583 starting to regulatory landscapes. The of Proton Beam Therapy sys- tem and the strategic part-
with Ceylon Graphene strategic collaboration segment grew by 4.92 per were mixed. The Indi- sell policies. emphasis on digital chan- tem for ₹800 crore. Con- nership with IBA represent a
Technologies (a joint ven- between TACC and CGT to cent y-o-y to ₹61,365.75 vidual Premium segment This initiative aligns nels, agent empowerment, sequently, AIG Hospitals has transformative step forward
ture between LOLC Ad- jointly explore the manu- crore, up from ₹58,486.69 declined marginally by 0.77 with LIC’s strategy to en- and tailored products posi- entered into an agreement to in our mission to provide
vance Technologies and Sri facturing of graphene and crore in 2023. The Group per cent, collecting hance penetration in rural tions LIC to maintain its acquire state-of-the-art Pro- cutting-edge, compassionate
Lanka Institute of Nano- its derivatives, leveraging Premium segment showed ₹5,150.75 crore compared and semi-urban markets, edge in the evolving insur- teus ONE Proton Therapy care,” D Nageshwar Reddy,
technology) to establish a Sri Lanka’s premium vein stronger growth, expand- to ₹5,111.52 crore in further solidifying its lead- ance market. System including Dynam- Chairman of AIG Hospitals,
state-of-the-art graphene graphite and TACC’s syn- icARC from IBA, a Belgium- said in a release.
manufacturing facility at thetic graphite expertise. based supplier of equipment “The Proteus ONE Proton
TACC’s premises in India. Together, the two compan- and services in the field of Therapy System will be part
The partnership comes ies aim to develop high proton therapy considered of our new 300-bed dedic-
in the wake of TACC enter-
ing into a non-binding
quality graphene materials
and solutions...,” per HEG’s
₹50,000-cr plan to enhance inland waterways infra unveiled to be the most advanced
form of radiation therapy
ated Oncology Centre com-
ing up within the existing
Memorandum of Under- regulatory filing. and Waterways (MoPSW), an- federalism as both the governments available today. Gachibowli campus, en-
standing (MOU) with CGT Graphene is a revolu- Our Bureau nounced investments of more than at Union and the States discussed, de- With this new delivery abling comprehensive can-
to advance graphene tech- tionary material made of a Kolkata ₹50,000 crore in the next five years. liberated, debated and dwelt on mul- technique called Dynam- cer care comparable to the
nology and unlock its vast single layer of carbon In this regard, a series of new initiat- tiple aspects for strengthening of in- icARC proton therapy, the best in the world,” he added.
potential for diverse applic- atoms arranged in a The Inland Waterways Development ives across 21 Inland Waterway land waterways. system will be the first-of-
ations, per a regulatory fil- hexagonal lattice, known Council (IWDC), meeting in Assam’s States were announced worth more “Under the dynamic leadership of its-kind installation in businessline.
ing by HEG (LNJ Bhilwara for its exceptional strength, Kaziranga for policy deliberation on than ₹1,400 crore. Prime Minister Narendra Modi, we South-East Asia. Disclaimer: Readers are requested to verify
& make appropriate enquiries to satisfy
group). conductivity, and light- the promotion and propagation of in- The meeting was presided over by are attempting at rejuvenating the Proton Beam Therapy is a themselves about the veracity of an
HEG is a graphite elec- weight nature. land waterways in India, on Friday an- Union Minister of Ports, Shipping support system of inland waterways highly precise form of radi- advertisement before responding to any
published in this newspaper. THG
trode manufacturer. It is widely regarded as a nounced a big boost to infrastructure and Waterways Sarbananda Sonowal. so that we decongest railways and ation therapy that targets tu- PUBLISHING PVT LTD., the Publisher &
Owner of this newspaper, does not vouch for
The proposed facility game-changer across indus- along national waterways. He said more than ₹3,000 crore will roadways and at the same time, mours with exceptional ac- the authenticity of any advertisement or
will enable large-scale pro- tries, enabling advanced The second meeting of IWDC, or- be invested for development of NW2, provide a viable, economic, sustain- curacy, substantially advertiser or for any of the advertiser’s
products and/or services. In no event can the
duction of sustainable and applications in electronics, ganised by the Inland Waterways Au- NW16 and the Indo Bangladesh Pro- able and efficient mode of transporta- minimising damage to sur- Owner, Publisher, Printer, Editor, Director/s,
Employees of this newspaper/company be
innovative graphene solu- energy storage, coatings, thority of India (IWAI), the nodal tocol Route (IBPR) by 2030. tion for both passengers and cargo rounding healthy tissues. held responsible/liable in any manner
tions to global markets, composites, construction agency for development of waterways Sonowal said, “IWDC has operators,” Sarbananda Sonowal This technology is a game- whatsoever for any claims and/or damages
for advertisements in this newspaper.
said the regulatory filing. material, textiles and more. under the Ministry of Ports, Shipping anchored a new vista for cooperative added. changer in treating complex

Published by Nirmala Lakshman and Printed by Praveen Someshwar at HT Media Ltd. Plot No.8, Udyog Vihar, Greater Noida Distt. Gautam Budh Nagar, U.P.201306, on behalf of THG PUBLISHING PVT. LTD. Chennai-600002. Editor: Raghuvir Srinivasan (Editor responsible for selection of news under the PRP Act). ISSN 0971 - 7528

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