(An Open ended Hybrid Scheme investing predominantly
in equity and equity related instruments)
(An Open ended Hybrid Scheme investing predominantly
in equity and equity related instruments)
The Scheme seeks to generate income and capital appreciation by investing in a diversified portfolio of equity and equity related instruments and fixed income instruments. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.
NAV Details (As on January 31, 2025)| Regular Plan - IDCW Option | : ₹ 16.7189 |
| Regular Plan - Growth Option | : ₹ 26.5335 |
| Direct Plan - IDCW Option | : ₹ 18.9414 |
| Direct Plan - Growth Option | : ₹ 30.1111 |
Benchmark Index (Tier 1)CRISIL Hybrid 35+65-Aggressive Index
Date of AllotmentApril 07, 2017
Fund Manager | Category | Fund Manager | Managing fund since | Experience |
| Equity | Mr. Jitendra Sriram | 16-Jun-22 | 26 years |
| Equity | Mr. Pratish Krishnan | 14-Mar-22 | 23 years |
| Fixed Income | Mr. Gurvinder Singh Wasan | 21-Oct-24 | 21 years |
Load Structure
Exit Load: •
Upto 12 months • Redeemed or switched out upto 10% of the allotment:
Nil
• Redeemed or switched out more than 10% of the allotment: 1% After 12 months -
Nil
For detailed load structure please refer Scheme Information
Document of the scheme.
Minimum Application Amount:
₹ 5,000 and in multiples of ₹ 1 thereafter.
Minimum Additional Application Amount:₹ 1,000 and in multiples of ₹ 1 thereafter
| Monthly AAUM## As on January 31, 2025 | : ₹ 1,164.29 Crores |
| AUM## As on January 31, 2025 | : ₹ 1,155.07 Crores |
## excluding inter-scheme Investments, if any, by other schemes of BNP Paribas Mutual Fund, as may be applicable
| EQUITY HOLDINGS | % of Net Assets | |
| Banks | 13.69% | |
| ✔HDFC Bank Limited | 5.96% | |
| ✔ICICI Bank Limited | 5.66% | |
| ✔Kotak Mahindra Bank Limited | 2.07% | |
| IT - Software | 8.15% | |
| ✔Tata Consultancy Services Limited | 3.20% | |
| ✔Infosys Limited | 2.49% | |
| HCL Technologies Limited | 1.61% | |
| Mastek Limited | 0.85% | |
| Petroleum Products | 4.53% | |
| ✔Reliance Industries Limited | 4.53% | |
| Construction | 4.17% | |
| ✔Larsen & Toubro Limited | 4.17% | |
| Retailing | 3.41% | |
| ✔Trent Limited | 2.24% | |
| Zomato Limited | 1.17% | |
| Electrical Equipment | 3.20% | |
| Hitachi Energy India Limited | 1.55% | |
| GE Vernova T&D India Limited | 0.84% | |
| Bharat Heavy Electricals Limited | 0.81% | |
| Auto Components | 2.74% | |
| Bosch Limited | 1.79% | |
| Jtekt India Limited | 0.95% | |
| Diversified FMCG | 2.72% | |
| ✔ITC Limited | 2.72% | |
| Capital Markets | 2.07% | |
| BSE Limited | 2.07% | |
| Telecom - Services | 1.90% | |
| Bharti Airtel Limited | 1.90% | |
| Industrial Manufacturing | 1.84% | |
| Honeywell Automation India Limited | 1.01% | |
| Tega Industries Limited | 0.83% | |
| Leisure Services | 1.80% | |
| Juniper Hotels Limited | 0.91% | |
| The Indian Hotels Company Limited | 0.89% | |
| Automobiles | 1.45% | |
| Tata Motors Limited | 1.45% | |
| Pharmaceuticals & Biotechnology | 1.36% | |
| Sun Pharmaceutical Industries Limited | 1.36% | |
| Chemicals & Petrochemicals | 1.27% | |
| Linde India Limited | 1.27% | |
| Agricultural, Commercial & Construction Vehicles | 1.27% | |
| Escorts Kubota Limited | 1.27% | |
| Oil | 1.18% | |
| Oil India Limited | 1.18% | |
| Aerospace & Defense | 1.14% | |
| Bharat Electronics Limited | 1.14% | |
| Finance | 1.11% | |
| Bajaj Finance Limited | 1.11% | |
| Personal Products | 1.01% | |
| Gillette India Limited | 1.01% | |
| Financial Technology (Fintech) | 0.81% | |
| PB Fintech Limited | 0.81% | |
| Cement & Cement Products | 0.81% | |
| Grasim Industries Limited | 0.81% | |
| Insurance | 0.75% | |
| HDFC Life Insurance Company Limited | 0.75% | |
| LESS THAN 0.75% EXPOSURE | 7.14% | |
| FUTURES LONG POSITION | 1.22% | |
| Persistent Systems Limited | 0.71% | |
| Tata Power Company Limited | 0.51% | |
| TOTAL EQUITY HOLDING | 70.74% | |
| REITs/InvITs Holdings | % of Net Assets | |
| Brookfield India Real Estate Trust | 0.51% | |
| Indus Infra Trust | 0.38% | |
| Intelligent Supply Chain Infrastructure Trust | 0.38% | |
| Total REITs/InvITs Holdings | 1.27% | |
| FIXED INCOME HOLDINGS | Rating | % of Net Assets |
| Corporate Bond | 17.97% | |
| ✔ National Bank For Agriculture and Rural Development | CRISIL AAA | 2.81% |
| IndoStar Capital Finance Limited | CARE AA- | 1.99% |
| Piramal Capital & Housing Finance Limited | ICRA AA | 1.67% |
| Bharti Telecom Limited | CRISIL AA+ | 1.31% |
| Jamnagar Utilities & Power Private Limited | CRISIL AAA | 1.31% |
| LIC Housing Finance Limited | CRISIL AAA | 1.30% |
| REC Limited | CRISIL AAA | 1.12% |
| Reliance Industries Limited | CRISIL AAA | 0.90% |
| Indian Railway Finance Corporation Limited | CRISIL AAA | 0.87% |
| Muthoot Finance Limited | CRISIL AA+ | 0.87% |
| Power Finance Corporation Limited | CRISIL AAA | 0.86% |
| 360 One Prime Limited | CRISIL AA | 0.78% |
| Hindustan Petroleum Corporation Limited | CRISIL AAA | 0.70% |
| Mindspace Business Parks REIT | CRISIL AAA | 0.69% |
| IndoStar Capital Finance Limited | CRISIL AA- | 0.35% |
| National Highways Authority Of India | CRISIL AAA | 0.27% |
| State Bank of India | CRISIL AAA | 0.17% |
| GOVERNMENT BOND | 3.49% | |
| 7.38% GOI (MD 20/06/2027) | Sovereign | 0.97% |
| 6.79% GOI (MD 07/10/2034) | Sovereign | 0.87% |
| 5.74% GOI (MD 15/11/2026) | Sovereign | 0.85% |
| 7.02% GOI (MD 18/06/2031) | Sovereign | 0.44% |
| 7.18% GOI (MD 24/07/2037) | Sovereign | 0.18% |
| 7.32% GOI (MD 13/11/2030) | Sovereign | 0.18% |
| PTC | 2.59% | |
| Sansar Trust | CRISIL AAA(SO) | 1.73% |
| India Universal Trust | CRISIL AAA(SO) | 0.86% |
| TREASURY BILL | 0.51% | |
| 182 Days Tbill (MD 14/02/2025) | Sovereign | 0.26% |
| 364 Days Tbill (MD 04/09/2025) | Sovereign | 0.25% |
| COMPULSORY CONVERTIBLE DEBENTURE | 0.46% | |
| Cholamandalam Investment and Finance Company Ltd | 0.46% | |
| STATE GOVERNMENT BOND | 0.17% | |
| 6.91% Maharashtra SDL (MD 15/09/2033) | Sovereign | 0.17% |
| Total Fixed Income Holdings | 25.19% | |
| TREPS, Cash & Other Net Current Assets | 2.80% | |
| GRAND TOTAL | 100.00% |
Investment in Top 10 scrips constitutes 35.85% of the portfolio
Pursuant to distribution under Income Distribution cum Capital Withdrawal (‘IDCW’) option, NAV of the IDCW option of the scheme(s) would fall to the extent of payout and statutory levy (if applicable). The
amounts under IDCW options can be distributed out of investors capital (Equalization Reserve), which is part of sale price that represents realized gains. Past performance may or may not be sustained in future.
The above stated distribution rate per unit is net distribution rate after deducting applicable taxes. The above distribution rates are on face value of ₹ 10 per unit.
| TER - Regular Plan (%) | 2.13% |
| TER - Direct Plan (%) | 0.58% |
| Portfolio Turnover Ratio | 0.93 |
| Standard Deviation* | 9.78% |
| Beta* | 1.03 |
| Sharpe Ratio* | 0.64 |
| Sharpe Ratio (annualised), Standard Deviation (annualised) and Beta are based on last 36 monthly data points. | |
* The information contained in this report has been obtained from sources considered to be authentic and reliable. This quantitative data does not purport to be an offer for purchase and sale of mutual fund units. The risk free rate of return considered for calculation of Sharpe ratio is 6.65%,, as per 1 day MIBOR rate on the last business day of the month.
| Average Maturity (years) | 3.39 |
| Modified Duration (years) | 2.37 |
| YTM (%) | 7.89% |
| Macaulay Duration† (years) | 2.51 |
†Concept of Macaulay duration: The Macaulay Duration is a measure of a bond’s sensitivity to interest rate changes. It is expressed in annual terms. It is the weighted average term to maturity of the cash flows from a bond. The weight of each cash flow is determined by dividing the present value of the cash flow by the price. Factors like a bond’s price, maturity, coupon, yield to maturity among others impact the calculation of Macaulay duration. The Macaulay duration can be viewed as the economic balance point of a group of cash flows. Another way to interpret the statistic is that it is the weighted average number of years an investor must maintain a position in the bond until the present value of the bond’s cash flows equals the amount paid for the bond. As it provides a way to estimate the effect of certain market changes on a bond’s price, the investor can choose an investment that will better meet his future cash needs.
| No of Stocks | 48 |
| Portfolio RoE (%) | 19.38 |
| EPS Growth (%) | 42.48 |
Portfolio RoE and EPS Growth is for trailing 12 months (TTM) whereas the number of stocks is as of December 31, 2024
➤ Wealth creation in long term.
➤ Investment primarily in equity & equity-related securities and the rest in debt securities & money market instruments to generate income and capital appreciation.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
^^Riskometer For Scheme: basis it’s portfolio, ^Riskometer For Benchmark (CRISIL Hybrid 35+65-Aggressive Index): basis it’s constituents; As on January 31, 2025
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.