Zerodha Life Cycle Fund 2031 - Growth - Direct Plan - NAV, Mutual Fund Performance & Portfolio

Zerodha Life Cycle Fund 2031 - Growth - Direct Plan

Hybrid Life Cycle Funds High Risk Fund Manager: Kedarnath Mirajkar

📓 Notes

–

1Y Return

-0.53% 1D

Overview Returns Historical Holdings Peer Comparison Fund Managers AMC FAQ

Latest NAV

₹9.81

Fund Size

₹10 Cr

Turnover Ratio

—

Lock-in Period

Nil

Inception Date

16 Sep 2026

Return Since Inception

-1.91%

Fund Type

Open ended scheme

Min. Lumpsum / SIP

₹100 / ₹100

The primary objective of the Zerodha Life Cycle Fund 2031 is to provide a goal-based investment solution that seeks to generate capital appreciation by investing across various asset classes i.e., Equity, Debt, InvITs, ETCDs, Gold/Silver ETFs. The fund follows a pre-determined maturity and a dynamic glide path strategy across the product lifespan initially maintaining an aggressive stance and automatically transitioning toward a conservative, debt-heavy allocation to protect capital as thetarget date approaches.There is no assurance or guarantee that the investment objective of the scheme would be achieved.

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NAV Performance

Historical Net Asset Value

– 1Y Return

≤ 1 year — Absolute; > 1 year — CAGR

Return Calculator

Estimation based on past performance

Monthly Investment

₹

Over The Past

Invested Amount

Est. Returns

After 0 Years your investment will be:
₹ 0 (0%)

Lumpsum Investment

₹

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Invested Amount

Est. Returns

After 0 Years your investment will be:
₹ 0 (0%)

Returns and Rankings

Benchmark: CRISIL 10 Year Gilt Index

Life Cycle Funds	1M	3M	6M	9M	1Y	2Y	3Y	4Y	5Y	10Y	ALL
Fund returns	-2.65%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-1.91%
Category returns	-3.13%	-4.57%	0%	0%	0%	0%	0%	0%	0%	0%	N/A
Absolute returns	-2.65%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-1.91%
Rank within category	3/6	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

≤ 1 year — Absolute; > 1 year — CAGR

Historical Data

Benchmark: CRISIL 10 Year Gilt Index

Life Cycle Funds	2026
Yearly returns	N/A
Q1 returns	N/A
Q2 returns	N/A
Q3 returns	N/A
Q4 returns	-0.48%

Expense Ratio, Exit Load & Tax

Expense Ratio: 0.49% (Inclusive of GST)

Exit Load

3% upto 1Y, 2% after 1Y but upto 2Y, 1% after 2Y but upto 3Y, NIL after 3Y

Advanced Ratios

Alpha	32.5935
Beta	16.4255
Sharpe Ratio	-2.87468
Sortino Ratio	-1.36682

Risk Metrics

R-Squared	0.25
Tracking Error	0.8373
Downside Risk	0.9952
Std. Deviation (Annualised)	3.0885

Peer Comparison

Life Cycle Funds	1M	3M	6M	9M	1Y	3Y	5Y	10Y	ALL	Fund Size (Cr)	Exp. Ratio	Sharpe	Risk
Zerodha Life Cycle Fund 2036 - Growth - Direct Plan	-3.9%	-4.25%	0%	0%	N/A	N/A	N/A	N/A	-4.68%	20.87	1.29	-0.73	Very High
Zerodha Life Cycle Fund 2041 - Growth - Direct Plan	-4.33%	-4.9%	0%	0%	N/A	N/A	N/A	N/A	-5.35%	17.55	1.39	-0.72	Very High
ICICI Prudential Life Cycle Fund 2031 - Regular Plan - Growth	-4.36%	0%	0%	0%	N/A	N/A	N/A	N/A	-4.07%	44.40	2.15	-8.19	High
ICICI Prudential Life Cycle Fund 2036 - Regular Plan - Growth	-1.78%	0%	0%	0%	N/A	N/A	N/A	N/A	-1.64%	29.55	2.44	-2.68	Moderate
ICICI Prudential Life Cycle Fund 2041 - Regular Plan - Growth	-1.78%	0%	0%	0%	N/A	N/A	N/A	N/A	-1.64%	55.15	2.45	-3.70	Moderately High
Zerodha Life Cycle Fund 2031 - Growth - Direct Plan Current	-2.65%	0%	0%	0%	N/A	N/A	N/A	N/A	-1.91%	10.28	0.49	-2.87	High

Holdings (255)

Instrument Type

Government Securities

26.91%

Cash & Cash Equivalents and Net Assets

2.92%

Domestic Equities

65.86%

Domestic Mutual Funds Units - Gold

2.19%

Domestic Mutual Funds Units - Silver

2.12%

Sector

Others

34.14%

Telecom - Services

5.74%

Banks

15.68%

IT - Software

5.89%

Finance

6.47%

Petroleum Products

1.90%

Construction

0.89%

Capital Markets

1.92%

Automobiles

1.92%

Diversified FMCG

0.78%

Pharmaceuticals & Biotechnology

3.26%

Financial Technology (Fintech)

0.66%

Retailing

1.78%

Electrical Equipment

1.92%

Consumer Durables

1.62%

Auto Components

1.35%

Insurance

1.22%

Power

1.56%

Ferrous Metals

0.88%

Agricultural, Commercial & Construction Vehicles

0.49%

Aerospace & Defense

0.48%

Industrial Products

1.11%

Agricultural Food & other Products

0.51%

Non - Ferrous Metals

0.49%

Transport Infrastructure

0.58%

Healthcare Services

0.59%

Cement & Cement Products

0.79%

Realty

0.77%

Chemicals & Petrochemicals

0.57%

Transport Services

0.30%

Beverages

0.44%

Consumable Fuels

0.19%

Fertilizers & Agrochemicals

0.42%

Food Products

0.28%

Oil

0.31%

Minerals & Mining

0.31%

Metals & Minerals Trading

0.16%

Personal Products

0.34%

Gas

0.32%

Leisure Services

0.42%

Textiles & Apparels

0.18%

Diversified Metals

0.08%

Industrial Manufacturing

0.13%

IT - Services

0.05%

Cigarettes & Tobacco Products

0.05%

Diversified

0.06%

Name	Sector	Instrument	Assets %
6.36% GOI 16-Feb-2031		Government Securities	26.91%
Clearing Corporation of India Limited		Cash & Cash Equivalents and Net Assets	19.94%
Bharti Airtel Ltd.	Telecom - Services	Domestic Equities	5.05%
The Federal Bank Ltd.	Banks	Domestic Equities	4.34%
IndusInd Bank Ltd.	Banks	Domestic Equities	4.04%
Infosys Ltd.	IT - Software	Domestic Equities	3.74%
Bajaj Finance Ltd.	Finance	Domestic Equities	2.58%
Zerodha Gold ETF		Domestic Mutual Funds Units - Gold	2.19%
Zerodha Silver ETF		Domestic Mutual Funds Units - Silver	2.12%
HDFC Bank Ltd.	Banks	Domestic Equities	2.02%
ICICI Bank Ltd.	Banks	Domestic Equities	1.76%
LIC Housing Finance Ltd.	Finance	Domestic Equities	1.64%
Reliance Industries Ltd.	Petroleum Products	Domestic Equities	1.49%
Larsen & Toubro Ltd.	Construction	Domestic Equities	0.82%
BSE Ltd.	Capital Markets	Domestic Equities	0.77%
State Bank Of India	Banks	Domestic Equities	0.74%
Axis Bank Ltd.	Banks	Domestic Equities	0.65%
Kotak Mahindra Bank Ltd.	Banks	Domestic Equities	0.57%
Multi Commodity Exchange Of India Ltd.	Capital Markets	Domestic Equities	0.51%
Mahindra & Mahindra Ltd.	Automobiles	Domestic Equities	0.49%
ITC Ltd.	Diversified FMCG	Domestic Equities	0.47%
Laurus Labs Ltd.	Pharmaceuticals & Biotechnology	Domestic Equities	0.47%
One97 Communications Ltd.	Financial Technology (Fintech)	Domestic Equities	0.43%
Eternal Ltd.	Retailing	Domestic Equities	0.43%
Hero MotoCorp Ltd.	Automobiles	Domestic Equities	0.41%
Tata Consultancy Services Ltd.	IT - Software	Domestic Equities	0.39%
Coforge Ltd.	IT - Software	Domestic Equities	0.37%
Bharat Heavy Electricals Ltd.	Electrical Equipment	Domestic Equities	0.37%
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals & Biotechnology	Domestic Equities	0.36%
Persistent Systems Ltd.	IT - Software	Domestic Equities	0.35%
AU Small Finance Bank Ltd.	Banks	Domestic Equities	0.35%
Titan Company Ltd.	Consumer Durables	Domestic Equities	0.35%
Dixon Technologies (India) Ltd.	Consumer Durables	Domestic Equities	0.33%
IDFC First Bank Ltd.	Banks	Domestic Equities	0.33%
GE Vernova T&D India Ltd.	Electrical Equipment	Domestic Equities	0.31%
Bharat Forge Ltd.	Auto Components	Domestic Equities	0.31%
Hindustan Unilever Ltd.	Diversified FMCG	Domestic Equities	0.31%
Life Insurance Corporation of India	Insurance	Domestic Equities	0.31%
Lupin Ltd.	Pharmaceuticals & Biotechnology	Domestic Equities	0.30%
Indus Towers Ltd.	Telecom - Services	Domestic Equities	0.29%
Suzlon Energy Ltd.	Electrical Equipment	Domestic Equities	0.29%
Info Edge (India) Ltd.	Retailing	Domestic Equities	0.28%
NTPC Ltd.	Power	Domestic Equities	0.28%
Tata Steel Ltd.	Ferrous Metals	Domestic Equities	0.28%
Aurobindo Pharma Ltd.	Pharmaceuticals & Biotechnology	Domestic Equities	0.28%
Maruti Suzuki India Ltd.	Automobiles	Domestic Equities	0.28%
Ashok Leyland Ltd.	Agricultural, Commercial & Construction Vehicles	Domestic Equities	0.27%
FSN E-Commerce Ventures Ltd.	Retailing	Domestic Equities	0.27%
Bharat Electronics Ltd.	Aerospace & Defense	Domestic Equities	0.26%
Polycab India Ltd.	Industrial Products	Domestic Equities	0.26%
Shriram Finance Ltd.	Finance	Domestic Equities	0.26%
Marico Ltd.	Agricultural Food & other Products	Domestic Equities	0.25%
Hindalco Industries Ltd.	Non - Ferrous Metals	Domestic Equities	0.25%
Adani Ports and Special Economic Zone Ltd.	Transport Infrastructure	Domestic Equities	0.25%
Fortis Healthcare Ltd.	Healthcare Services	Domestic Equities	0.24%
APL Apollo Tubes Ltd.	Industrial Products	Domestic Equities	0.24%
HCL Technologies Ltd.	IT - Software	Domestic Equities	0.24%
ICICI Lombard General Insurance Company Ltd.	Insurance	Domestic Equities	0.24%
Ultratech Cement Ltd.	Cement & Cement Products	Domestic Equities	0.23%
PB Fintech Ltd.	Financial Technology (Fintech)	Domestic Equities	0.22%
Yes Bank Ltd.	Banks	Domestic Equities	0.22%
Bajaj Auto Ltd.	Automobiles	Domestic Equities	0.22%
Max Financial Services Ltd.	Insurance	Domestic Equities	0.22%
The Phoenix Mills Ltd.	Realty	Domestic Equities	0.22%
Power Grid Corporation Of India Ltd.	Power	Domestic Equities	0.22%
SRF Ltd.	Chemicals & Petrochemicals	Domestic Equities	0.22%
JSW Steel Ltd.	Ferrous Metals	Domestic Equities	0.22%
Vodafone Idea Ltd.	Telecom - Services	Domestic Equities	0.22%
Divi's Laboratories Ltd.	Pharmaceuticals & Biotechnology	Domestic Equities	0.22%
Swiggy Ltd.	Retailing	Domestic Equities	0.22%
Grasim Industries Ltd.	Cement & Cement Products	Domestic Equities	0.21%
Glenmark Pharmaceuticals Ltd.	Pharmaceuticals & Biotechnology	Domestic Equities	0.21%
Hitachi Energy India Ltd.	Electrical Equipment	Domestic Equities	0.21%
Interglobe Aviation Ltd.	Transport Services	Domestic Equities	0.21%
Radico Khaitan Ltd.	Beverages	Domestic Equities	0.21%
GMR Airports Ltd.	Transport Infrastructure	Domestic Equities	0.21%
Hindustan Petroleum Corporation Ltd.	Petroleum Products	Domestic Equities	0.21%
Asian Paints Ltd.	Consumer Durables	Domestic Equities	0.20%
Aditya Birla Capital Ltd.	Finance	Domestic Equities	0.19%
Coal India Ltd.	Consumable Fuels	Domestic Equities	0.19%
National Aluminium Company Ltd.	Non - Ferrous Metals	Domestic Equities	0.19%
Bajaj Finserv Ltd.	Finance	Domestic Equities	0.19%
JSW Energy Ltd.	Power	Domestic Equities	0.18%
UPL Ltd.	Fertilizers & Agrochemicals	Domestic Equities	0.18%
Sundaram Finance Ltd.	Finance	Domestic Equities	0.18%
Eicher Motors Ltd.	Automobiles	Domestic Equities	0.18%
Alkem Laboratories Ltd.	Pharmaceuticals & Biotechnology	Domestic Equities	0.18%
Tech Mahindra Ltd.	IT - Software	Domestic Equities	0.18%
TVS Motor Company Ltd.	Automobiles	Domestic Equities	0.18%
Nestle India Ltd.	Food Products	Domestic Equities	0.17%
Mphasis Ltd.	IT - Software	Domestic Equities	0.17%
Indian Bank	Banks	Domestic Equities	0.17%
Mankind Pharma Ltd.	Pharmaceuticals & Biotechnology	Domestic Equities	0.17%
Vishal Mega Mart Ltd.	Retailing	Domestic Equities	0.17%
Apar Industries Ltd.	Electrical Equipment	Domestic Equities	0.17%
NHPC Ltd.	Power	Domestic Equities	0.17%
KEI Industries Ltd.	Industrial Products	Domestic Equities	0.16%
Tata Motors Ltd.	Agricultural, Commercial & Construction Vehicles	Domestic Equities	0.16%
Hindustan Aeronautics Ltd.	Aerospace & Defense	Domestic Equities	0.16%
Oil & Natural Gas Corporation Ltd.	Oil	Domestic Equities	0.16%
Ipca Laboratories Ltd.	Pharmaceuticals & Biotechnology	Domestic Equities	0.16%
360 One Wam Ltd.	Capital Markets	Domestic Equities	0.16%
NMDC Ltd.	Minerals & Mining	Domestic Equities	0.16%
Biocon Ltd.	Pharmaceuticals & Biotechnology	Domestic Equities	0.16%
Trent Ltd.	Retailing	Domestic Equities	0.16%
Steel Authority Of India Ltd.	Ferrous Metals	Domestic Equities	0.16%
Adani Power Ltd.	Power	Domestic Equities	0.16%
Havells India Ltd.	Consumer Durables	Domestic Equities	0.16%
Adani Enterprises Ltd.	Metals & Minerals Trading	Domestic Equities	0.16%
Tube Investments of India Ltd.	Auto Components	Domestic Equities	0.15%
Prestige Estates Projects Ltd.	Realty	Domestic Equities	0.15%
Apollo Hospitals Enterprise Ltd.	Healthcare Services	Domestic Equities	0.15%
Oil India Ltd.	Oil	Domestic Equities	0.15%
Voltas Ltd.	Consumer Durables	Domestic Equities	0.15%
Lloyds Metals & Energy Ltd.	Minerals & Mining	Domestic Equities	0.15%
Oracle Financial Services Software Ltd.	IT - Software	Domestic Equities	0.14%
Torrent Power Ltd.	Power	Domestic Equities	0.14%
Jindal Stainless Ltd.	Ferrous Metals	Domestic Equities	0.14%
Colgate-Palmolive (India) Ltd.	Personal Products	Domestic Equities	0.14%
SBI Life Insurance Company Ltd.	Insurance	Domestic Equities	0.14%
Cipla Ltd.	Pharmaceuticals & Biotechnology	Domestic Equities	0.14%
Lenskart Solutions Ltd.	Retailing	Domestic Equities	0.14%
Dr. Reddy's Laboratories Ltd.	Pharmaceuticals & Biotechnology	Domestic Equities	0.14%
Waaree Energies Ltd.	Electrical Equipment	Domestic Equities	0.14%
L&T Finance Ltd.	Finance	Domestic Equities	0.14%
Dabur India Ltd.	Personal Products	Domestic Equities	0.14%
Supreme Industries Ltd.	Industrial Products	Domestic Equities	0.13%
Samvardhana Motherson International Ltd.	Auto Components	Domestic Equities	0.13%
Godrej Properties Ltd.	Realty	Domestic Equities	0.13%
JIO Financial Services Ltd.	Finance	Domestic Equities	0.13%
Mahindra & Mahindra Financial Services Ltd.	Finance	Domestic Equities	0.13%
Torrent Pharmaceuticals Ltd.	Pharmaceuticals & Biotechnology	Domestic Equities	0.13%
Petronet LNG Ltd.	Gas	Domestic Equities	0.13%
UNO Minda Ltd.	Auto Components	Domestic Equities	0.13%
JSW Infrastructure Ltd.	Transport Infrastructure	Domestic Equities	0.13%
Kalyan Jewellers India Ltd.	Consumer Durables	Domestic Equities	0.13%
Cholamandalam Investment and Finance Company Ltd.	Finance	Domestic Equities	0.13%
Max Healthcare Institute Ltd.	Healthcare Services	Domestic Equities	0.13%
JK Cement Ltd.	Cement & Cement Products	Domestic Equities	0.13%
Coromandel International Ltd.	Fertilizers & Agrochemicals	Domestic Equities	0.13%
Oberoi Realty Ltd.	Realty	Domestic Equities	0.13%
MRF Ltd.	Auto Components	Domestic Equities	0.12%
Blue Star Ltd.	Consumer Durables	Domestic Equities	0.12%
The Indian Hotels Company Ltd.	Leisure Services	Domestic Equities	0.12%
Tata Communications Ltd.	Telecom - Services	Domestic Equities	0.12%
Nippon Life India Asset Management Ltd.	Capital Markets	Domestic Equities	0.12%
Cummins India Ltd.	Industrial Products	Domestic Equities	0.12%
Tata Consumer Products Ltd.	Agricultural Food & other Products	Domestic Equities	0.11%
Exide Industries Ltd.	Auto Components	Domestic Equities	0.11%
Bharat Petroleum Corporation Ltd.	Petroleum Products	Domestic Equities	0.11%
PI Industries Ltd.	Fertilizers & Agrochemicals	Domestic Equities	0.11%
ITC Hotels Ltd.	Leisure Services	Domestic Equities	0.11%
Gujarat Fluorochemicals Ltd.	Chemicals & Petrochemicals	Domestic Equities	0.11%
Tata Power Company Ltd.	Power	Domestic Equities	0.11%
Avenue Supermarts Ltd.	Retailing	Domestic Equities	0.11%
Tata Motors Passenger Vehicles Ltd.	Automobiles	Domestic Equities	0.11%
Varun Beverages Ltd.	Beverages	Domestic Equities	0.11%
CG Power and Industrial Solutions Ltd.	Electrical Equipment	Domestic Equities	0.11%
Jubilant FoodWorks Ltd.	Leisure Services	Domestic Equities	0.11%
LG Electronics India Ltd.	Consumer Durables	Domestic Equities	0.11%
ICICI Life Insurance Ltd.	Insurance	Domestic Equities	0.11%
Page Industries Ltd.	Textiles & Apparels	Domestic Equities	0.11%
SBI Cards And Payment Services Ltd.	Finance	Domestic Equities	0.10%
HDFC Life Insurance Company Ltd.	Insurance	Domestic Equities	0.10%
Britannia Industries Ltd.	Food Products	Domestic Equities	0.10%
Balkrishna Industries Ltd.	Auto Components	Domestic Equities	0.10%
Astral Ltd.	Industrial Products	Domestic Equities	0.10%
Adani Total Gas Ltd.	Gas	Domestic Equities	0.10%
Bank Of Maharashtra	Banks	Domestic Equities	0.10%
Bank Of India	Banks	Domestic Equities	0.10%
Schaeffler India Ltd.	Auto Components	Domestic Equities	0.09%
Motilal Oswal Financial Services Ltd.	Capital Markets	Domestic Equities	0.09%
Container Corporation Of India Ltd.	Transport Services	Domestic Equities	0.09%
Indian Oil Corporation Ltd.	Petroleum Products	Domestic Equities	0.09%
Ajanta Pharma Ltd.	Pharmaceuticals & Biotechnology	Domestic Equities	0.09%
ICICI Prudential Asset Management Company Ltd.	Capital Markets	Domestic Equities	0.09%
AIA Engineering Ltd.	Industrial Products	Domestic Equities	0.09%
Authum Investment & Infrastructure Ltd.	Finance	Domestic Equities	0.09%
Power Finance Corporation Ltd.	Finance	Domestic Equities	0.09%
Billionbrains Garage Ventures Ltd.	Capital Markets	Domestic Equities	0.09%
GAIL (India) Ltd.	Gas	Domestic Equities	0.09%
HDFC Asset Management Company Ltd.	Capital Markets	Domestic Equities	0.08%
Pidilite Industries Ltd.	Chemicals & Petrochemicals	Domestic Equities	0.08%
Bajaj Holdings & Investment Ltd.	Finance	Domestic Equities	0.08%
Indian Railway Catering And Tourism Corporation Ltd.	Leisure Services	Domestic Equities	0.08%
Vedanta Ltd.	Diversified Metals	Domestic Equities	0.08%
HDB Financial Services Ltd.	Finance	Domestic Equities	0.08%
Dalmia Bharat Ltd.	Cement & Cement Products	Domestic Equities	0.08%
General Insurance Corporation of India	Insurance	Domestic Equities	0.08%
DLF Ltd.	Realty	Domestic Equities	0.08%
Linde India Ltd.	Chemicals & Petrochemicals	Domestic Equities	0.08%
Wipro Ltd.	IT - Software	Domestic Equities	0.08%
Adani Green Energy Ltd.	Power	Domestic Equities	0.08%
Apollo Tyres Ltd.	Auto Components	Domestic Equities	0.08%
Bank Of Baroda	Banks	Domestic Equities	0.08%
Adani Energy Solutions Ltd.	Power	Domestic Equities	0.08%
Thermax Ltd.	Electrical Equipment	Domestic Equities	0.08%
Abbott India Ltd.	Pharmaceuticals & Biotechnology	Domestic Equities	0.08%
Berger Paints India Ltd.	Consumer Durables	Domestic Equities	0.08%
Jindal Steel Ltd.	Ferrous Metals	Domestic Equities	0.08%
Solar Industries India Ltd.	Chemicals & Petrochemicals	Domestic Equities	0.08%
Patanjali Foods Ltd.	Agricultural Food & other Products	Domestic Equities	0.08%
Canara Bank	Banks	Domestic Equities	0.07%
K.P.R. Mill Ltd.	Textiles & Apparels	Domestic Equities	0.07%
United Spirits Ltd.	Beverages	Domestic Equities	0.07%
Punjab National Bank	Banks	Domestic Equities	0.07%
Global Health Ltd.	Healthcare Services	Domestic Equities	0.07%
Rail Vikas Nigam Ltd.	Construction	Domestic Equities	0.07%
REC Ltd.	Finance	Domestic Equities	0.07%
Cochin Shipyard Ltd.	Industrial Manufacturing	Domestic Equities	0.07%
Glaxosmithkline Pharmaceuticals Ltd.	Pharmaceuticals & Biotechnology	Domestic Equities	0.07%
LTM Ltd.	IT - Software	Domestic Equities	0.07%
ABB India Ltd.	Electrical Equipment	Domestic Equities	0.07%
Bharti Hexacom Ltd.	Telecom - Services	Domestic Equities	0.07%
CRISIL Ltd.	Finance	Domestic Equities	0.06%
Tata Elxsi Ltd.	IT - Software	Domestic Equities	0.06%
Godrej Consumer Products Ltd.	Personal Products	Domestic Equities	0.06%
Premier Energies Ltd.	Electrical Equipment	Domestic Equities	0.06%
Bharat Dynamics Ltd.	Aerospace & Defense	Domestic Equities	0.06%
Union Bank Of India	Banks	Domestic Equities	0.06%
AWL Agri Business Ltd.	Agricultural Food & other Products	Domestic Equities	0.06%
Lodha Developers Ltd.	Realty	Domestic Equities	0.06%
NLC India Ltd.	Power	Domestic Equities	0.06%
Siemens Ltd.	Electrical Equipment	Domestic Equities	0.06%
Endurance Technologies Ltd.	Auto Components	Domestic Equities	0.06%
Bajaj Housing Finance Ltd.	Finance	Domestic Equities	0.06%
Indian Renewable Energy Development Agency Ltd.	Finance	Domestic Equities	0.05%
L&T Technology Services Ltd.	IT - Services	Domestic Equities	0.05%
Hyundai Motor India Ltd.	Automobiles	Domestic Equities	0.05%
Muthoot Finance Ltd.	Finance	Domestic Equities	0.05%
Zydus Lifesciences Ltd.	Pharmaceuticals & Biotechnology	Domestic Equities	0.05%
NTPC Green Energy Ltd.	Power	Domestic Equities	0.05%
Escorts Kubota Ltd.	Agricultural, Commercial & Construction Vehicles	Domestic Equities	0.05%
Housing & Urban Development Corporation Ltd.	Finance	Domestic Equities	0.05%
United Breweries Ltd.	Beverages	Domestic Equities	0.05%
Hindustan Zinc Ltd.	Non - Ferrous Metals	Domestic Equities	0.05%
Siemens Energy India Ltd.	Electrical Equipment	Domestic Equities	0.05%
KPIT Technologies Ltd.	IT - Software	Domestic Equities	0.05%
Tata Investment Corporation Ltd.	Finance	Domestic Equities	0.05%
Godfrey Phillips India Ltd.	Cigarettes & Tobacco Products	Domestic Equities	0.05%
Anthem Biosciences Ltd.	Pharmaceuticals & Biotechnology	Domestic Equities	0.05%
Bosch Ltd.	Auto Components	Domestic Equities	0.05%
Hexaware Technologies Ltd.	IT - Software	Domestic Equities	0.04%
Shree Cement Ltd.	Cement & Cement Products	Domestic Equities	0.04%
ACC Ltd.	Cement & Cement Products	Domestic Equities	0.04%
Ambuja Cements Ltd.	Cement & Cement Products	Domestic Equities	0.04%
Honeywell Automation India Ltd.	Industrial Manufacturing	Domestic Equities	0.03%
3M India Ltd.	Diversified	Domestic Equities	0.03%
Tata Capital Ltd.	Finance	Domestic Equities	0.03%
Indian Railway Finance Corporation Ltd.	Finance	Domestic Equities	0.03%
Mazagon Dock Shipbuilders Ltd.	Industrial Manufacturing	Domestic Equities	0.03%
Godrej Industries Ltd.	Diversified	Domestic Equities	0.03%
SJVN Ltd.	Power	Domestic Equities	0.03%
The New India Assurance Company Ltd.	Insurance	Domestic Equities	0.02%
Net Receivable / Payable		Cash & Cash Equivalents and Net Assets	-17.02%
Total			100.00%