(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 September 30, 2024)| Regular Plan - Growth Option | : ₹ 28.5230 |
| Regular Plan - IDCW Option | : ₹ 18.5306 |
| Direct Plan - Growth Option | : ₹ 32.1945 |
| Direct Plan - IDCW Option | : ₹ 20.8820 |
Benchmark Index (Tier 1)CRISIL Hybrid 35+65-Aggressive Index
Date of AllotmentApril 07, 2017
Fund Manager μ| Category | Fund Manager | Managing fund since | Experience |
| Equity | Jitendra Sriram | 16-Jun-22 | 26 years |
| Equity | Pratish Krishnan | 14-Mar-22 | 23 years |
| Fixed Income | Prashant Pimple | 11-Jul-24 | 24 years |
| Fixed Income | Vikram Pamnani | 11-Jul-24 | 14 years |
Load StructureEntry Load
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.
μ Dedicated Fund Manager for Overseas Investments: Mr. Miten Vora (managing fund since December 01, 2022)
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 September 30, 2024 | : ₹ 1,182.39 Crores |
| AUM## As on September 30, 2024 | : ₹ 1,200.07 Crores |
## excluding inter-scheme Investments, if any, by other schemes of BNP Paribas Mutual Fund, as may be applicable
| EQUITY HOLDINGS | % of Net Assets | Derivatives |
| Aerospace & Defense | 1.37% | |
| Bharat Electronics Limited | 1.37% | |
| Agricultural, Commercial & Construction Vehicles | 1.44% | |
| Escorts Kubota Limited | 1.44% | |
| Auto Components | 3.32% | |
| ✔Bosch Limited | 2.26% | |
| Jtekt India Limited | 1.06% | |
| Automobiles | 3.13% | |
| Hero MotoCorp Limited | 0.94% | |
| ✔Tata Motors Limited | 2.19% | |
| Banks | 11.77% | |
| ✔HDFC Bank Limited | 5.59% | |
| ✔ICICI Bank Limited | 5.35% | |
| Kotak Mahindra Bank Limited | 0.83% | |
| Capital Markets | 1.66% | |
| BSE Limited | 1.66% | |
| Cement & Cement Products | 0.84% | |
| Grasim Industries Limited | 0.84% | |
| Construction | 4.13% | |
| ✔Larsen & Toubro Limited | 4.13% | |
| Consumable Fuels | 0.99% | |
| Coal India Limited | 0.99% | |
| Diversified FMCG | 3.03% | |
| ✔ITC Limited | 3.03% | |
| Electrical Equipment | 2.70% | |
| Bharat Heavy Electricals Limited | 1.01% | |
| Hitachi Energy India Limited | 1.69% | |
| Finance | 1.86% | |
| Bajaj Finance Limited | 1.04% | |
| Five Star Business Finance Limited | 0.82% | |
| Industrial Manufacturing | 2.98% | |
| Honeywell Automation India Limited | 1.14% | |
| Jyoti CNC Automation Ltd | 0.86% | |
| Tega Industries Limited | 0.98% | |
| Industrial Products | 0.75% | |
| Astral Limited | 0.75% | |
| Insurance | 0.97% | |
| SBI Life Insurance Company Limited | 0.97% | |
| IT - Software | 7.21% | |
| HCL Technologies Limited | 1.62% | |
| ✔Infosys Limited | 2.39% | |
| ✔Tata Consultancy Services Limited | 3.20% | |
| Leisure Services | 2.15% | |
| Juniper Hotels Limited | 1.23% | |
| The Indian Hotels Company Limited | 0.92% | |
| Oil | 1.65% | |
| Oil India Limited | 1.65% | |
| Personal Products | 0.83% | |
| Gillette India Limited | 0.83% | |
| Petroleum Products | 5.09% | |
| ✔Reliance Industries Limited | 5.09% | |
| Pharmaceuticals & Biotechnology | 1.44% | |
| Sun Pharmaceutical Industries Limited | 1.44% | |
| Retailing | 4.53% | |
| ✔Trent Limited | 3.10% | |
| Zomato Limited | 1.43% | |
| Telecom - Services | 1.79% | |
| Bharti Airtel Limited | 1.79% | |
| FUTURES LONG POSITION | 1.26% | |
| Jubilant Foodworks Limited | 0.77% | |
| Hindustan Petroleum Corporation Limited | 0.49% | |
| Less than 0.75% Exposure | 5.16% | |
| Total Equity Holdings | 72.05% | |
| REITs/InvITs Holdings | % of Net Assets | |
| REITS / INVITS | 1.21% | |
| Brookfield India Real Estate Trust | 0.47% | |
| Bharat Highways Invit | 0.37% | |
| Intelligent Supply Chain Infrastructure Trust | 0.37% | |
| Total REITs/InvITs Holdings | 1.21% | |
| FIXED INCOME HOLDINGS | Rating | % of Net Assets |
| COMPULSORY CONVERTIBLE DEBENTURE | 0.47% | |
| Cholamandalam Investment and Finance Company Ltd | Finance | 0.47% |
| Corporate Bond | 14.63% | |
| IndoStar Capital Finance Limited | CARE AA- | 1.90% |
| REC Limited | CRISIL AAA | 1.49% |
| Jamnagar Utilities & Power Private Limited | CRISIL AAA | 1.26% |
| Power Finance Corporation Limited | CRISIL AAA | 1.25% |
| Piramal Capital & Housing Finance Limited | ICRA AA | 1.17% |
| JM Financial Products Limited | ICRA AA | 1.08% |
| Reliance Industries Limited | CRISIL AAA | 0.87% |
| Indian Railway Finance Corporation Limited | CRISIL AAA | 0.84% |
| Muthoot Finance Limited | CRISIL AA+ | 0.83% |
| 360 One Prime Limited | CRISIL AA | 0.75% |
| Hindustan Petroleum Corporation Limited | CRISIL AAA | 0.68% |
| Mindspace Business Parks REIT | CRISIL AAA | 0.67% |
| National Bank For Agriculture and Rural Development | CRISIL AAA | 0.63% |
| IndoStar Capital Finance Limited | CRISIL AA- | 0.58% |
| National Highways Authority Of India | CRISIL AAA | 0.26% |
| ICICI Bank Limited | ICRA AAA | 0.21% |
| State Bank of India | CRISIL AAA | 0.16% |
| Certificate of Deposit | 0.78% | |
| Canara Bank | CRISIL A1+ | 0.78% |
| Government Bond | 8.99% | |
| 7.34% GOI (MD 22/04/2064) | Sovereign | 3.08% |
| 7.18% GOI (MD 24/07/2037) | Sovereign | 2.02% |
| 7.32% GOI (MD 13/11/2030) | Sovereign | 1.29% |
| 7.38% GOI (MD 20/06/2027) | Sovereign | 0.93% |
| 7.1% GOI (MD 08/04/2034) | Sovereign | 0.85% |
| 5.74% GOI (MD 15/11/2026) | Sovereign | 0.82% |
| State Government Bond | 0.17% | |
| 6.91% Maharashtra SDL (MD 15/09/2033) | Sovereign | 0.17% |
| Treasury Bill | 0.49% | |
| 364 Days Tbill (MD 05/12/2024) | Sovereign | 0.25% |
| 182 Days Tbill (MD 14/02/2025) | Sovereign | 0.24% |
| Total Fixed Income Holdings | 25.53% | |
| TREPS, Cash & Other Net Current Assets | 1.21% | |
| GRAND TOTAL | 100.00% |
Investment in Top 10 scrips constitutes 37.22% 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 (%) | 2.11% |
| TER - Direct Plan (%) | 0.47% |
| Portfolio Turnover Ratio | 0.93 |
| Standard Deviation* | 9.28% |
| Beta* | 1.03 |
| Sharpe Ratio* | 0.94 |
| 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 6.80%, as per 1 day MIBOR rate on the last business day of the month.
| Average Maturity (years) | 8.17 |
| Modified Duration (years) | 4.15 |
| YTM (%) | 7.72% |
| Macaulay Duration† (years) | 4.34 |
†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 | 47 |
| Portfolio RoE (%) | 19.59 |
| EPS Growth (%) | 37.91 |
Portfolio RoE and EPS Growth is for trailing 12 months (TTM) whereas the number of stocks is as of September 30, 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, For Benchmark (CRISIL Hybrid 35+65-Aggressive Index): basis it’s constituents; As on September 30, 2024
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.