Best Dividend Paying Mutual Funds 2025 - 2026

Updated on November 17, 2025 , 108435 views

Since, nowadays many investors invest in Mutual Funds to earn regular income, mutual fund advisors use the “regular dividend” to push these schemes. Thus, we have shortlisted some of the best schemes that offered higher Dividend Yield during the current year.

Mutual Fund schemes in India have grown over the years. As a result, the Best Performing Mutual Funds in the market keep on changing. There are various rating systems in place to judge a mutual fund scheme, namely CRISIL, Morning Star, ICRA. These systems evaluate a mutual fund by various parameters like past returns, standard deviation, information ratio, etc. Some rating systems also consider the qualitative and quantitative factors of the Mutual Funds. The summation of all these factors leads to the rating of the best performing mutual funds in India.

Why invest in Dividend Paying Mutual Funds?

Dividend paying mutual funds provide investors with annualised payouts. These payouts are usually made on a regular basis and therefore, an investor feels safe and secure with these funds. These dividends will be paid from the revenues earned by the scheme during the previous year.

Since the dividends are paid out on reaching a specific level almost immediately, mutual funds with a dividend option do not show a high growth in their Net Asset Value (NAV). AMCs are required to pay 28.84 percent as a Dividend Distribution Tax (DDT) in the case of debt funds and this is inclusive of cess and surcharge. equities do not attract a DDT. These funds are ideal for one who do not have an appetite for risk and who wish to receive regular payouts as a source of income.

Dividend yield is computed by dividing the sum of dividends paid during the term by its current NAV (Net Asset Value). The result is then annualised. Mutual fund schemes pay dividend out of the profits they make. Thus, each time a scheme declares dividend, its NAV goes down proportionately.

How to Invest in Dividend Paying Mutual Funds Online?

Open Free Investment Account for Lifetime at Fincash.com.

Complete your Registration and KYC Process

Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

Get Started

Ready to Invest?
Talk to our investment specialist

Top Dividend Paying Funds for FY 25 - 26

Fund Selection Methodology used to find 5 funds

Category: Equity
Sub-category: Large%20Cap
Fund Option: Ndp
Sorted On : drat (high to low)
Tags: fcpro
No Of Funds: 5

Top 5 Large Cap Equity Dividend Funds FY 25 - 26

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
ICICI Prudential Bluechip Fund Normal Dividend, Payout	₹33.8 ↑ 0.10	₹75,863	3.8	5.7	11	17.4	19.2	16.2
Nippon India Large Cap Fund Normal Dividend, Payout	₹28.7564 ↑ 0.14	₹48,871	2.6	5.6	10.6	18.6	22.2	17.2
Aditya Birla Sun Life Frontline Equity Fund Normal Dividend, Payout	₹40.66 ↑ 0.19	₹31,016	3.1	4.5	9.7	15	17.3	15
SBI Bluechip Fund Normal Dividend, Payout	₹54.2131 ↑ 0.23	₹54,688	2.9	4.1	9.3	14.1	16.7	12.5
Indiabulls Blue Chip Fund Normal Dividend, Payout	₹25.02 ↑ 0.10	₹132	3.2	5.9	8.7	13.7	14.3	12.5
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Nov 25

Research Highlights & Commentary of 5 Funds showcased

Commentary	ICICI Prudential Bluechip Fund	Nippon India Large Cap Fund	Aditya Birla Sun Life Frontline Equity Fund	SBI Bluechip Fund	Indiabulls Blue Chip Fund
Point 1	Highest AUM (₹75,863 Cr).	Lower mid AUM (₹48,871 Cr).	Bottom quartile AUM (₹31,016 Cr).	Upper mid AUM (₹54,688 Cr).	Bottom quartile AUM (₹132 Cr).
Point 2	Established history (17+ yrs).	Established history (18+ yrs).	Oldest track record among peers (23 yrs).	Established history (19+ yrs).	Established history (13+ yrs).
Point 3	Top rated.	Rating: 4★ (upper mid).	Rating: 4★ (lower mid).	Rating: 4★ (bottom quartile).	Rating: 4★ (bottom quartile).
Point 4	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.
Point 5	5Y return: 19.23% (upper mid).	5Y return: 22.21% (top quartile).	5Y return: 17.25% (lower mid).	5Y return: 16.71% (bottom quartile).	5Y return: 14.26% (bottom quartile).
Point 6	3Y return: 17.38% (upper mid).	3Y return: 18.59% (top quartile).	3Y return: 14.96% (lower mid).	3Y return: 14.14% (bottom quartile).	3Y return: 13.66% (bottom quartile).
Point 7	1Y return: 11.01% (top quartile).	1Y return: 10.60% (upper mid).	1Y return: 9.71% (lower mid).	1Y return: 9.28% (bottom quartile).	1Y return: 8.69% (bottom quartile).
Point 8	Alpha: -0.20 (upper mid).	Alpha: 0.29 (top quartile).	Alpha: -0.85 (lower mid).	Alpha: -1.46 (bottom quartile).	Alpha: -1.48 (bottom quartile).
Point 9	Sharpe: 0.06 (upper mid).	Sharpe: 0.14 (top quartile).	Sharpe: 0.00 (lower mid).	Sharpe: 0.00 (bottom quartile).	Sharpe: -0.04 (bottom quartile).
Point 10	Information ratio: 1.03 (upper mid).	Information ratio: 1.19 (top quartile).	Information ratio: 0.28 (lower mid).	Information ratio: -0.36 (bottom quartile).	Information ratio: -0.13 (bottom quartile).

ICICI Prudential Bluechip Fund

Highest AUM (₹75,863 Cr).
Established history (17+ yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 19.23% (upper mid).
3Y return: 17.38% (upper mid).
1Y return: 11.01% (top quartile).
Alpha: -0.20 (upper mid).
Sharpe: 0.06 (upper mid).
Information ratio: 1.03 (upper mid).

Nippon India Large Cap Fund

Lower mid AUM (₹48,871 Cr).
Established history (18+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderately High.
5Y return: 22.21% (top quartile).
3Y return: 18.59% (top quartile).
1Y return: 10.60% (upper mid).
Alpha: 0.29 (top quartile).
Sharpe: 0.14 (top quartile).
Information ratio: 1.19 (top quartile).

Aditya Birla Sun Life Frontline Equity Fund

Bottom quartile AUM (₹31,016 Cr).
Oldest track record among peers (23 yrs).
Rating: 4★ (lower mid).
Risk profile: Moderately High.
5Y return: 17.25% (lower mid).
3Y return: 14.96% (lower mid).
1Y return: 9.71% (lower mid).
Alpha: -0.85 (lower mid).
Sharpe: 0.00 (lower mid).
Information ratio: 0.28 (lower mid).

SBI Bluechip Fund

Upper mid AUM (₹54,688 Cr).
Established history (19+ yrs).
Rating: 4★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 16.71% (bottom quartile).
3Y return: 14.14% (bottom quartile).
1Y return: 9.28% (bottom quartile).
Alpha: -1.46 (bottom quartile).
Sharpe: 0.00 (bottom quartile).
Information ratio: -0.36 (bottom quartile).

Indiabulls Blue Chip Fund

Bottom quartile AUM (₹132 Cr).
Established history (13+ yrs).
Rating: 4★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 14.26% (bottom quartile).
3Y return: 13.66% (bottom quartile).
1Y return: 8.69% (bottom quartile).
Alpha: -1.48 (bottom quartile).
Sharpe: -0.04 (bottom quartile).
Information ratio: -0.13 (bottom quartile).

About the Fincash Research Team

At Fincash, our mission is to help investors make informed, confident decisions. With over 9 years in Mutual Fund distribution, our team blends deep industry expertise with a commitment to transparency, accuracy, and investor education.

Who We Are

AMFI Registration No.: 112358
MCA CIN: U74999MH2016PTC282153
Location: Thane, Maharashtra, India
Experience: 9+ years in Mutual Fund distribution

Our Expertise

Certified Mutual Fund Distributors with hands-on advisory experience.
Market analysts tracking performance, macro trends, and sectors.
Data specialists processing NAVs, allocations, and risk metrics from Morning Star.

Our Research Process

Data sourcing: SEBI-registered fund houses & verified third-party provider Morning Star
Screening: Returns, manager track record, expenses, sector mix, risk-adjusted metrics.
Expert review: Senior team members review every article and list for accuracy.
Updates: Regular refreshes so performance data reflects current market conditions.

Why Trust Us

Regulated & compliant: AMFI-registered and MCA-incorporated.
Investor-first: No pay-to-promote lists; suitability and performance drive coverage.
Education-focused: We simplify complex concepts for everyday investors.

Disclaimer

Content is for educational and informational purposes only and is not investment advice. Please consider your risk profile and consult a financial advisor before investing.

Top 5 Mid Cap Equity Dividend Funds FY 25 - 26

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
Sundaram Mid Cap Fund Normal Dividend, Payout	₹66.9672 ↑ 0.30	₹13,236	3.9	7.6	9.1	24.3	24.8	31.3
Kotak Emerging Equity Scheme Normal Dividend, Payout	₹75.999 ↑ 0.34	₹60,385	1	8	7.3	22.2	25.1	33.6
Taurus Discovery (Midcap) Fund Normal Dividend, Payout	₹110.78 ↑ 0.63	₹133	2.7	5	6.1	18.3	19.7	11.3
HDFC Mid-Cap Opportunities Fund Normal Dividend, Payout	₹56.299 ↑ 0.17	₹89,383	5.2	9.3	12.3	26.6	27.8	28.6
Edelweiss Mid Cap Fund Normal Dividend, Payout	₹60.359 ↑ 0.37	₹12,647	3.2	7.4	9.6	25.7	27.5	38.9
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Nov 25

Research Highlights & Commentary of 5 Funds showcased

Commentary	Sundaram Mid Cap Fund	Kotak Emerging Equity Scheme	Taurus Discovery (Midcap) Fund	HDFC Mid-Cap Opportunities Fund	Edelweiss Mid Cap Fund
Point 1	Lower mid AUM (₹13,236 Cr).	Upper mid AUM (₹60,385 Cr).	Bottom quartile AUM (₹133 Cr).	Highest AUM (₹89,383 Cr).	Bottom quartile AUM (₹12,647 Cr).
Point 2	Oldest track record among peers (23 yrs).	Established history (18+ yrs).	Established history (16+ yrs).	Established history (18+ yrs).	Established history (17+ yrs).
Point 3	Top rated.	Rating: 4★ (upper mid).	Rating: 4★ (lower mid).	Rating: 3★ (bottom quartile).	Rating: 3★ (bottom quartile).
Point 4	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: High.
Point 5	5Y return: 24.76% (bottom quartile).	5Y return: 25.11% (lower mid).	5Y return: 19.74% (bottom quartile).	5Y return: 27.85% (top quartile).	5Y return: 27.50% (upper mid).
Point 6	3Y return: 24.26% (lower mid).	3Y return: 22.20% (bottom quartile).	3Y return: 18.30% (bottom quartile).	3Y return: 26.58% (top quartile).	3Y return: 25.70% (upper mid).
Point 7	1Y return: 9.05% (lower mid).	1Y return: 7.33% (bottom quartile).	1Y return: 6.09% (bottom quartile).	1Y return: 12.26% (top quartile).	1Y return: 9.59% (upper mid).
Point 8	Alpha: -0.58 (bottom quartile).	Alpha: 0.23 (upper mid).	Alpha: -3.99 (bottom quartile).	Alpha: 1.20 (top quartile).	Alpha: -0.23 (lower mid).
Point 9	Sharpe: 0.05 (bottom quartile).	Sharpe: 0.09 (upper mid).	Sharpe: -0.13 (bottom quartile).	Sharpe: 0.15 (top quartile).	Sharpe: 0.07 (lower mid).
Point 10	Information ratio: -0.07 (lower mid).	Information ratio: -0.28 (bottom quartile).	Information ratio: -1.21 (bottom quartile).	Information ratio: 0.61 (top quartile).	Information ratio: 0.18 (upper mid).

Sundaram Mid Cap Fund

Lower mid AUM (₹13,236 Cr).
Oldest track record among peers (23 yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 24.76% (bottom quartile).
3Y return: 24.26% (lower mid).
1Y return: 9.05% (lower mid).
Alpha: -0.58 (bottom quartile).
Sharpe: 0.05 (bottom quartile).
Information ratio: -0.07 (lower mid).

Kotak Emerging Equity Scheme

Upper mid AUM (₹60,385 Cr).
Established history (18+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderately High.
5Y return: 25.11% (lower mid).
3Y return: 22.20% (bottom quartile).
1Y return: 7.33% (bottom quartile).
Alpha: 0.23 (upper mid).
Sharpe: 0.09 (upper mid).
Information ratio: -0.28 (bottom quartile).

Taurus Discovery (Midcap) Fund

Bottom quartile AUM (₹133 Cr).
Established history (16+ yrs).
Rating: 4★ (lower mid).
Risk profile: Moderately High.
5Y return: 19.74% (bottom quartile).
3Y return: 18.30% (bottom quartile).
1Y return: 6.09% (bottom quartile).
Alpha: -3.99 (bottom quartile).
Sharpe: -0.13 (bottom quartile).
Information ratio: -1.21 (bottom quartile).

HDFC Mid-Cap Opportunities Fund

Highest AUM (₹89,383 Cr).
Established history (18+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 27.85% (top quartile).
3Y return: 26.58% (top quartile).
1Y return: 12.26% (top quartile).
Alpha: 1.20 (top quartile).
Sharpe: 0.15 (top quartile).
Information ratio: 0.61 (top quartile).

Edelweiss Mid Cap Fund

Bottom quartile AUM (₹12,647 Cr).
Established history (17+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: High.
5Y return: 27.50% (upper mid).
3Y return: 25.70% (upper mid).
1Y return: 9.59% (upper mid).
Alpha: -0.23 (lower mid).
Sharpe: 0.07 (lower mid).
Information ratio: 0.18 (upper mid).

Top 5 Small Cap Dividend Funds FY 25 - 26

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
Aditya Birla Sun Life Small Cap Fund Normal Dividend, Payout	₹36.2028 ↑ 0.02	₹5,127	2.1	5.2	2.4	18.7	21.2	20.9
SBI Small Cap Fund Normal Dividend, Payout	₹101.176 ↓ -0.22	₹36,945	-1	1.9	-1	14.5	21.6	24.1
HDFC Small Cap Fund Normal Dividend, Payout	₹45.723 ↑ 0.11	₹38,412	0	6.8	6.2	22.4	28.3	20.4
DSP Small Cap Fund Normal Dividend, Payout	₹58.777 ↓ -0.05	₹16,868	0.5	6.6	4.1	20.7	24.7	25.6
Nippon India Small Cap Fund Normal Dividend, Payout	₹89.6731 ↓ -0.19	₹68,969	0.6	3.6	-0.1	21.7	31.1	25.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Nov 25

Research Highlights & Commentary of 5 Funds showcased

Commentary	Aditya Birla Sun Life Small Cap Fund	SBI Small Cap Fund	HDFC Small Cap Fund	DSP Small Cap Fund	Nippon India Small Cap Fund
Point 1	Bottom quartile AUM (₹5,127 Cr).	Lower mid AUM (₹36,945 Cr).	Upper mid AUM (₹38,412 Cr).	Bottom quartile AUM (₹16,868 Cr).	Highest AUM (₹68,969 Cr).
Point 2	Oldest track record among peers (18 yrs).	Established history (16+ yrs).	Established history (17+ yrs).	Established history (15+ yrs).	Established history (15+ yrs).
Point 3	Top rated.	Rating: 5★ (upper mid).	Rating: 4★ (lower mid).	Rating: 4★ (bottom quartile).	Rating: 4★ (bottom quartile).
Point 4	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.
Point 5	5Y return: 21.22% (bottom quartile).	5Y return: 21.61% (bottom quartile).	5Y return: 28.25% (upper mid).	5Y return: 24.73% (lower mid).	5Y return: 31.15% (top quartile).
Point 6	3Y return: 18.67% (bottom quartile).	3Y return: 14.45% (bottom quartile).	3Y return: 22.44% (top quartile).	3Y return: 20.69% (lower mid).	3Y return: 21.70% (upper mid).
Point 7	1Y return: 2.39% (lower mid).	1Y return: -1.04% (bottom quartile).	1Y return: 6.22% (top quartile).	1Y return: 4.13% (upper mid).	1Y return: -0.06% (bottom quartile).
Point 8	Alpha: 0.00 (top quartile).	Alpha: 0.00 (upper mid).	Alpha: 0.00 (lower mid).	Alpha: 0.00 (bottom quartile).	Alpha: -3.21 (bottom quartile).
Point 9	Sharpe: -0.27 (lower mid).	Sharpe: -0.45 (bottom quartile).	Sharpe: -0.07 (top quartile).	Sharpe: -0.17 (upper mid).	Sharpe: -0.37 (bottom quartile).
Point 10	Information ratio: 0.00 (top quartile).	Information ratio: 0.00 (upper mid).	Information ratio: 0.00 (lower mid).	Information ratio: 0.00 (bottom quartile).	Information ratio: -0.18 (bottom quartile).

Aditya Birla Sun Life Small Cap Fund

Bottom quartile AUM (₹5,127 Cr).
Oldest track record among peers (18 yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 21.22% (bottom quartile).
3Y return: 18.67% (bottom quartile).
1Y return: 2.39% (lower mid).
Alpha: 0.00 (top quartile).
Sharpe: -0.27 (lower mid).
Information ratio: 0.00 (top quartile).

SBI Small Cap Fund

Lower mid AUM (₹36,945 Cr).
Established history (16+ yrs).
Rating: 5★ (upper mid).
Risk profile: Moderately High.
5Y return: 21.61% (bottom quartile).
3Y return: 14.45% (bottom quartile).
1Y return: -1.04% (bottom quartile).
Alpha: 0.00 (upper mid).
Sharpe: -0.45 (bottom quartile).
Information ratio: 0.00 (upper mid).

HDFC Small Cap Fund

Upper mid AUM (₹38,412 Cr).
Established history (17+ yrs).
Rating: 4★ (lower mid).
Risk profile: Moderately High.
5Y return: 28.25% (upper mid).
3Y return: 22.44% (top quartile).
1Y return: 6.22% (top quartile).
Alpha: 0.00 (lower mid).
Sharpe: -0.07 (top quartile).
Information ratio: 0.00 (lower mid).

DSP Small Cap Fund

Bottom quartile AUM (₹16,868 Cr).
Established history (15+ yrs).
Rating: 4★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 24.73% (lower mid).
3Y return: 20.69% (lower mid).
1Y return: 4.13% (upper mid).
Alpha: 0.00 (bottom quartile).
Sharpe: -0.17 (upper mid).
Information ratio: 0.00 (bottom quartile).

Nippon India Small Cap Fund

Highest AUM (₹68,969 Cr).
Established history (15+ yrs).
Rating: 4★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 31.15% (top quartile).
3Y return: 21.70% (upper mid).
1Y return: -0.06% (bottom quartile).
Alpha: -3.21 (bottom quartile).
Sharpe: -0.37 (bottom quartile).
Information ratio: -0.18 (bottom quartile).

Top 5 Diversified/Multi Cap Equity Dividend Fund FY 25 - 26

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
Kotak Standard Multicap Fund Normal Dividend, Payout	₹52.884 ↑ 0.15	₹56,040	3.2	5.2	12.5	17	17.6	16.5
Mirae Asset India Equity Fund Normal Dividend, Payout	₹32.668 ↑ 0.13	₹41,088	4	5.8	11	13	15.2	12
Motilal Oswal Multicap 35 Fund Normal Dividend, Payout	₹35.6004 ↑ 0.25	₹14,319	2.6	5.2	5.6	22	17	45
BNP Paribas Multi Cap Fund Normal Dividend, Payout	₹19.0914 ↓ 0.00	₹588	-4.5	-2.6	19.3	15	11.5
Aditya Birla Sun Life Equity Fund Normal Dividend, Payout	₹172.59 ↑ 0.93	₹24,443	4.9	6.7	11.6	17.4	18.1	18.1
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Nov 25

Research Highlights & Commentary of 5 Funds showcased

Commentary	Kotak Standard Multicap Fund	Mirae Asset India Equity Fund	Motilal Oswal Multicap 35 Fund	BNP Paribas Multi Cap Fund	Aditya Birla Sun Life Equity Fund
Point 1	Highest AUM (₹56,040 Cr).	Upper mid AUM (₹41,088 Cr).	Bottom quartile AUM (₹14,319 Cr).	Bottom quartile AUM (₹588 Cr).	Lower mid AUM (₹24,443 Cr).
Point 2	Established history (16+ yrs).	Established history (17+ yrs).	Established history (11+ yrs).	Established history (20+ yrs).	Oldest track record among peers (27 yrs).
Point 3	Top rated.	Rating: 5★ (upper mid).	Rating: 5★ (lower mid).	Rating: 4★ (bottom quartile).	Rating: 4★ (bottom quartile).
Point 4	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.
Point 5	5Y return: 17.59% (upper mid).	5Y return: 15.25% (bottom quartile).	5Y return: 16.98% (lower mid).	5Y return: 11.52% (bottom quartile).	5Y return: 18.11% (top quartile).
Point 6	3Y return: 16.98% (lower mid).	3Y return: 13.05% (bottom quartile).	3Y return: 21.96% (top quartile).	3Y return: 15.02% (bottom quartile).	3Y return: 17.35% (upper mid).
Point 7	1Y return: 12.50% (upper mid).	1Y return: 10.98% (bottom quartile).	1Y return: 5.57% (bottom quartile).	1Y return: 19.32% (top quartile).	1Y return: 11.63% (lower mid).
Point 8	Alpha: 3.08 (top quartile).	Alpha: 0.62 (lower mid).	Alpha: 0.15 (bottom quartile).	Alpha: 0.00 (bottom quartile).	Alpha: 1.50 (upper mid).
Point 9	Sharpe: 0.23 (upper mid).	Sharpe: 0.12 (bottom quartile).	Sharpe: 0.02 (bottom quartile).	Sharpe: 2.84 (top quartile).	Sharpe: 0.13 (lower mid).
Point 10	Information ratio: 0.01 (lower mid).	Information ratio: -0.50 (bottom quartile).	Information ratio: 0.50 (top quartile).	Information ratio: 0.00 (bottom quartile).	Information ratio: 0.28 (upper mid).

Kotak Standard Multicap Fund

Highest AUM (₹56,040 Cr).
Established history (16+ yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 17.59% (upper mid).
3Y return: 16.98% (lower mid).
1Y return: 12.50% (upper mid).
Alpha: 3.08 (top quartile).
Sharpe: 0.23 (upper mid).
Information ratio: 0.01 (lower mid).

Mirae Asset India Equity Fund

Upper mid AUM (₹41,088 Cr).
Established history (17+ yrs).
Rating: 5★ (upper mid).
Risk profile: Moderately High.
5Y return: 15.25% (bottom quartile).
3Y return: 13.05% (bottom quartile).
1Y return: 10.98% (bottom quartile).
Alpha: 0.62 (lower mid).
Sharpe: 0.12 (bottom quartile).
Information ratio: -0.50 (bottom quartile).

Motilal Oswal Multicap 35 Fund

Bottom quartile AUM (₹14,319 Cr).
Established history (11+ yrs).
Rating: 5★ (lower mid).
Risk profile: Moderately High.
5Y return: 16.98% (lower mid).
3Y return: 21.96% (top quartile).
1Y return: 5.57% (bottom quartile).
Alpha: 0.15 (bottom quartile).
Sharpe: 0.02 (bottom quartile).
Information ratio: 0.50 (top quartile).

BNP Paribas Multi Cap Fund

Bottom quartile AUM (₹588 Cr).
Established history (20+ yrs).
Rating: 4★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 11.52% (bottom quartile).
3Y return: 15.02% (bottom quartile).
1Y return: 19.32% (top quartile).
Alpha: 0.00 (bottom quartile).
Sharpe: 2.84 (top quartile).
Information ratio: 0.00 (bottom quartile).

Aditya Birla Sun Life Equity Fund

Lower mid AUM (₹24,443 Cr).
Oldest track record among peers (27 yrs).
Rating: 4★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 18.11% (top quartile).
3Y return: 17.35% (upper mid).
1Y return: 11.63% (lower mid).
Alpha: 1.50 (upper mid).
Sharpe: 0.13 (lower mid).
Information ratio: 0.28 (upper mid).

Top 5 Dividend (ELSS) Equity Linked Saving Scheme FY 25 - 26

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
Tata India Tax Savings Fund Normal Dividend, Payout	₹103.587 ↑ 0.45	₹4,717	5.1	6.2	7.9	15.4	17.8	19.2
Bandhan Tax Advantage (ELSS) Fund Normal Dividend, Payout	₹33.993 ↑ 0.12	₹7,215	3.7	5.4	7.5	15.4	21.2	12.6
Aditya Birla Sun Life Tax Relief '96 Normal Dividend, Payout	₹204.45 ↑ 0.89	₹15,682	2.4	6.9	10.3	14.3	12.7	15.8
DSP Tax Saver Fund Normal Dividend, Payout	₹24.116 ↑ 0.11	₹17,241	4.3	4	8.3	19.7	21.6	23.8
HDFC Long Term Advantage Fund Normal Dividend, Payout	₹51.722 ↑ 0.03	₹1,318	1.2	15.4	35.6	19.6	16.8
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Nov 25

Research Highlights & Commentary of 5 Funds showcased

Commentary	Tata India Tax Savings Fund	Bandhan Tax Advantage (ELSS) Fund	Aditya Birla Sun Life Tax Relief '96	DSP Tax Saver Fund	HDFC Long Term Advantage Fund
Point 1	Bottom quartile AUM (₹4,717 Cr).	Lower mid AUM (₹7,215 Cr).	Upper mid AUM (₹15,682 Cr).	Highest AUM (₹17,241 Cr).	Bottom quartile AUM (₹1,318 Cr).
Point 2	Oldest track record among peers (29 yrs).	Established history (16+ yrs).	Established history (29+ yrs).	Established history (18+ yrs).	Established history (24+ yrs).
Point 3	Top rated.	Rating: 5★ (upper mid).	Rating: 4★ (lower mid).	Rating: 4★ (bottom quartile).	Rating: 3★ (bottom quartile).
Point 4	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.
Point 5	5Y return: 17.84% (lower mid).	5Y return: 21.20% (upper mid).	5Y return: 12.71% (bottom quartile).	5Y return: 21.56% (top quartile).	5Y return: 16.79% (bottom quartile).
Point 6	3Y return: 15.42% (lower mid).	3Y return: 15.40% (bottom quartile).	3Y return: 14.33% (bottom quartile).	3Y return: 19.72% (top quartile).	3Y return: 19.62% (upper mid).
Point 7	1Y return: 7.90% (bottom quartile).	1Y return: 7.47% (bottom quartile).	1Y return: 10.27% (upper mid).	1Y return: 8.34% (lower mid).	1Y return: 35.57% (top quartile).
Point 8	Alpha: -3.14 (bottom quartile).	Alpha: -2.20 (lower mid).	Alpha: 0.77 (upper mid).	Alpha: -2.32 (bottom quartile).	Alpha: 1.80 (top quartile).
Point 9	Sharpe: -0.19 (bottom quartile).	Sharpe: -0.18 (bottom quartile).	Sharpe: 0.08 (upper mid).	Sharpe: -0.15 (lower mid).	Sharpe: 2.27 (top quartile).
Point 10	Information ratio: -0.42 (bottom quartile).	Information ratio: -0.41 (lower mid).	Information ratio: -0.82 (bottom quartile).	Information ratio: 0.75 (top quartile).	Information ratio: -0.36 (upper mid).

Tata India Tax Savings Fund

Bottom quartile AUM (₹4,717 Cr).
Oldest track record among peers (29 yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 17.84% (lower mid).
3Y return: 15.42% (lower mid).
1Y return: 7.90% (bottom quartile).
Alpha: -3.14 (bottom quartile).
Sharpe: -0.19 (bottom quartile).
Information ratio: -0.42 (bottom quartile).

Bandhan Tax Advantage (ELSS) Fund

Lower mid AUM (₹7,215 Cr).
Established history (16+ yrs).
Rating: 5★ (upper mid).
Risk profile: Moderately High.
5Y return: 21.20% (upper mid).
3Y return: 15.40% (bottom quartile).
1Y return: 7.47% (bottom quartile).
Alpha: -2.20 (lower mid).
Sharpe: -0.18 (bottom quartile).
Information ratio: -0.41 (lower mid).

Aditya Birla Sun Life Tax Relief '96

Upper mid AUM (₹15,682 Cr).
Established history (29+ yrs).
Rating: 4★ (lower mid).
Risk profile: Moderately High.
5Y return: 12.71% (bottom quartile).
3Y return: 14.33% (bottom quartile).
1Y return: 10.27% (upper mid).
Alpha: 0.77 (upper mid).
Sharpe: 0.08 (upper mid).
Information ratio: -0.82 (bottom quartile).

DSP Tax Saver Fund

Highest AUM (₹17,241 Cr).
Established history (18+ yrs).
Rating: 4★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 21.56% (top quartile).
3Y return: 19.72% (top quartile).
1Y return: 8.34% (lower mid).
Alpha: -2.32 (bottom quartile).
Sharpe: -0.15 (lower mid).
Information ratio: 0.75 (top quartile).

HDFC Long Term Advantage Fund

Bottom quartile AUM (₹1,318 Cr).
Established history (24+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 16.79% (bottom quartile).
3Y return: 19.62% (upper mid).
1Y return: 35.57% (top quartile).
Alpha: 1.80 (top quartile).
Sharpe: 2.27 (top quartile).
Information ratio: -0.36 (upper mid).

Top 5 Sector Equity Dividend Funds FY 25 - 26

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
Aditya Birla Sun Life Banking And Financial Services Fund Normal Dividend, Payout	₹25.08 ↓ -0.07	₹3,606	6.2	7.4	17.1	15.8	17.1	8.3
ICICI Prudential Banking and Financial Services Fund Normal Dividend, Payout	₹32.45 ↑ 0.08	₹10,593	3.6	5.7	12.9	13.1	16	8.9
DSP Natural Resources and New Energy Fund Normal Dividend, Payout	₹30.974 ↓ -0.32	₹1,474	9.5	9.1	11.3	20.1	23.8	13
Franklin Build India Fund Normal Dividend, Payout	₹45.5764 ↑ 0.05	₹3,088	3	5.2	6	25.8	29.1	27
Sundaram Rural and Consumption Fund Normal Dividend, Payout	₹30.6217 ↑ 0.12	₹1,643	1.6	3.9	5.9	16.7	17.7	19.5
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Nov 25

Research Highlights & Commentary of 5 Funds showcased

Commentary	Aditya Birla Sun Life Banking And Financial Services Fund	ICICI Prudential Banking and Financial Services Fund	DSP Natural Resources and New Energy Fund	Franklin Build India Fund	Sundaram Rural and Consumption Fund
Point 1	Upper mid AUM (₹3,606 Cr).	Highest AUM (₹10,593 Cr).	Bottom quartile AUM (₹1,474 Cr).	Lower mid AUM (₹3,088 Cr).	Bottom quartile AUM (₹1,643 Cr).
Point 2	Established history (11+ yrs).	Established history (17+ yrs).	Established history (17+ yrs).	Established history (16+ yrs).	Oldest track record among peers (19 yrs).
Point 3	Top rated.	Rating: 5★ (upper mid).	Rating: 5★ (lower mid).	Rating: 5★ (bottom quartile).	Rating: 5★ (bottom quartile).
Point 4	Risk profile: High.	Risk profile: High.	Risk profile: High.	Risk profile: High.	Risk profile: Moderately High.
Point 5	5Y return: 17.14% (bottom quartile).	5Y return: 16.02% (bottom quartile).	5Y return: 23.80% (upper mid).	5Y return: 29.09% (top quartile).	5Y return: 17.67% (lower mid).
Point 6	3Y return: 15.80% (bottom quartile).	3Y return: 13.12% (bottom quartile).	3Y return: 20.14% (upper mid).	3Y return: 25.84% (top quartile).	3Y return: 16.70% (lower mid).
Point 7	1Y return: 17.06% (top quartile).	1Y return: 12.93% (upper mid).	1Y return: 11.30% (lower mid).	1Y return: 6.03% (bottom quartile).	1Y return: 5.88% (bottom quartile).
Point 8	Alpha: -4.41 (bottom quartile).	Alpha: -5.32 (bottom quartile).	Alpha: 0.00 (top quartile).	Alpha: 0.00 (upper mid).	Alpha: -3.88 (lower mid).
Point 9	Sharpe: 0.33 (top quartile).	Sharpe: 0.18 (upper mid).	Sharpe: 0.14 (lower mid).	Sharpe: -0.14 (bottom quartile).	Sharpe: -0.04 (bottom quartile).
Point 10	Information ratio: 0.15 (top quartile).	Information ratio: -0.34 (bottom quartile).	Information ratio: 0.00 (upper mid).	Information ratio: 0.00 (lower mid).	Information ratio: -0.29 (bottom quartile).

Aditya Birla Sun Life Banking And Financial Services Fund

Upper mid AUM (₹3,606 Cr).
Established history (11+ yrs).
Top rated.
Risk profile: High.
5Y return: 17.14% (bottom quartile).
3Y return: 15.80% (bottom quartile).
1Y return: 17.06% (top quartile).
Alpha: -4.41 (bottom quartile).
Sharpe: 0.33 (top quartile).
Information ratio: 0.15 (top quartile).

ICICI Prudential Banking and Financial Services Fund

Highest AUM (₹10,593 Cr).
Established history (17+ yrs).
Rating: 5★ (upper mid).
Risk profile: High.
5Y return: 16.02% (bottom quartile).
3Y return: 13.12% (bottom quartile).
1Y return: 12.93% (upper mid).
Alpha: -5.32 (bottom quartile).
Sharpe: 0.18 (upper mid).
Information ratio: -0.34 (bottom quartile).

DSP Natural Resources and New Energy Fund

Bottom quartile AUM (₹1,474 Cr).
Established history (17+ yrs).
Rating: 5★ (lower mid).
Risk profile: High.
5Y return: 23.80% (upper mid).
3Y return: 20.14% (upper mid).
1Y return: 11.30% (lower mid).
Alpha: 0.00 (top quartile).
Sharpe: 0.14 (lower mid).
Information ratio: 0.00 (upper mid).

Franklin Build India Fund

Lower mid AUM (₹3,088 Cr).
Established history (16+ yrs).
Rating: 5★ (bottom quartile).
Risk profile: High.
5Y return: 29.09% (top quartile).
3Y return: 25.84% (top quartile).
1Y return: 6.03% (bottom quartile).
Alpha: 0.00 (upper mid).
Sharpe: -0.14 (bottom quartile).
Information ratio: 0.00 (lower mid).

Sundaram Rural and Consumption Fund

Bottom quartile AUM (₹1,643 Cr).
Oldest track record among peers (19 yrs).
Rating: 5★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 17.67% (lower mid).
3Y return: 16.70% (lower mid).
1Y return: 5.88% (bottom quartile).
Alpha: -3.88 (lower mid).
Sharpe: -0.04 (bottom quartile).
Information ratio: -0.29 (bottom quartile).

Top 5 Dividend Balanced/Hybrid Funds FY 25 - 26

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
Aditya Birla Sun Life Equity Hybrid 95 Fund Normal Dividend, Payout	₹181.55 ↑ 0.76	₹7,559	2.9	4.8	6.6	12	13.3	15.1
Edelweiss Arbitrage Fund Normal Dividend, Payout	₹14.5327 ↑ 0.01	₹16,687	1.5	2.9	6.4	7.1	5.8	7.7
SBI Equity Hybrid Fund Normal Dividend, Payout	₹66.0605 ↑ 0.17	₹81,952	3.4	5.7	15.4	14.4	15.5	14.2
HDFC Balanced Advantage Fund Normal Dividend, Payout	₹39.484 ↑ 0.09	₹106,494	3.8	4.3	8.8	18.5	22.1	16.7
Nippon India Equity Hybrid Fund Normal Dividend, Payout	₹28.9364 ↑ 0.10	₹4,081	3.1	4.9	8.1	15	17.5	16.1
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Nov 25

Research Highlights & Commentary of 5 Funds showcased

Commentary	Aditya Birla Sun Life Equity Hybrid 95 Fund	Edelweiss Arbitrage Fund	SBI Equity Hybrid Fund	HDFC Balanced Advantage Fund	Nippon India Equity Hybrid Fund
Point 1	Bottom quartile AUM (₹7,559 Cr).	Lower mid AUM (₹16,687 Cr).	Upper mid AUM (₹81,952 Cr).	Highest AUM (₹106,494 Cr).	Bottom quartile AUM (₹4,081 Cr).
Point 2	Oldest track record among peers (30 yrs).	Established history (11+ yrs).	Established history (29+ yrs).	Established history (25+ yrs).	Established history (16+ yrs).
Point 3	Top rated.	Rating: 5★ (upper mid).	Rating: 4★ (lower mid).	Rating: 4★ (bottom quartile).	Rating: 4★ (bottom quartile).
Point 4	Risk profile: Moderately High.	Risk profile: Moderately Low.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.
Point 5	5Y return: 13.34% (bottom quartile).	5Y return: 5.81% (bottom quartile).	5Y return: 15.49% (lower mid).	5Y return: 22.06% (top quartile).	5Y return: 17.50% (upper mid).
Point 6	3Y return: 11.98% (bottom quartile).	3Y return: 7.13% (bottom quartile).	3Y return: 14.44% (lower mid).	3Y return: 18.50% (top quartile).	3Y return: 14.96% (upper mid).
Point 7	1Y return: 6.62% (bottom quartile).	1Y return: 6.36% (bottom quartile).	1Y return: 15.35% (top quartile).	1Y return: 8.77% (upper mid).	1Y return: 8.10% (lower mid).
Point 8	1M return: 0.87% (lower mid).	1M return: 0.53% (bottom quartile).	1M return: 0.34% (bottom quartile).	1M return: 1.59% (top quartile).	1M return: 0.98% (upper mid).
Point 9	Alpha: -2.79 (bottom quartile).	Alpha: -0.68 (lower mid).	Alpha: 5.22 (top quartile).	Alpha: 0.00 (upper mid).	Alpha: -1.84 (bottom quartile).
Point 10	Sharpe: -0.19 (bottom quartile).	Sharpe: 0.39 (upper mid).	Sharpe: 0.62 (top quartile).	Sharpe: -0.02 (lower mid).	Sharpe: -0.10 (bottom quartile).

Aditya Birla Sun Life Equity Hybrid 95 Fund

Bottom quartile AUM (₹7,559 Cr).
Oldest track record among peers (30 yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 13.34% (bottom quartile).
3Y return: 11.98% (bottom quartile).
1Y return: 6.62% (bottom quartile).
1M return: 0.87% (lower mid).
Alpha: -2.79 (bottom quartile).
Sharpe: -0.19 (bottom quartile).

Edelweiss Arbitrage Fund

Lower mid AUM (₹16,687 Cr).
Established history (11+ yrs).
Rating: 5★ (upper mid).
Risk profile: Moderately Low.
5Y return: 5.81% (bottom quartile).
3Y return: 7.13% (bottom quartile).
1Y return: 6.36% (bottom quartile).
1M return: 0.53% (bottom quartile).
Alpha: -0.68 (lower mid).
Sharpe: 0.39 (upper mid).

SBI Equity Hybrid Fund

Upper mid AUM (₹81,952 Cr).
Established history (29+ yrs).
Rating: 4★ (lower mid).
Risk profile: Moderately High.
5Y return: 15.49% (lower mid).
3Y return: 14.44% (lower mid).
1Y return: 15.35% (top quartile).
1M return: 0.34% (bottom quartile).
Alpha: 5.22 (top quartile).
Sharpe: 0.62 (top quartile).

HDFC Balanced Advantage Fund

Highest AUM (₹106,494 Cr).
Established history (25+ yrs).
Rating: 4★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 22.06% (top quartile).
3Y return: 18.50% (top quartile).
1Y return: 8.77% (upper mid).
1M return: 1.59% (top quartile).
Alpha: 0.00 (upper mid).
Sharpe: -0.02 (lower mid).

Nippon India Equity Hybrid Fund

Bottom quartile AUM (₹4,081 Cr).
Established history (16+ yrs).
Rating: 4★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 17.50% (upper mid).
3Y return: 14.96% (upper mid).
1Y return: 8.10% (lower mid).
1M return: 0.98% (upper mid).
Alpha: -1.84 (bottom quartile).
Sharpe: -0.10 (bottom quartile).

Top 5 Dividend Ultra Short Term Debt Funds FY 25 - 26

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	2024 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
DSP Money Manager Fund Normal Dividend, Payout	₹1,124.31 ↑ 0.17	₹3,960	1.4	3	6.8	6.8	6.9	6.54%	5M 12D	7M 20D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Nov 25

Research Highlights & Commentary of 1 Funds showcased

Commentary	DSP Money Manager Fund
Point 1	Highest AUM (₹3,960 Cr).
Point 2	Oldest track record among peers (13 yrs).
Point 3	Top rated.
Point 4	Risk profile: Moderately Low.
Point 5	1Y return: 6.82% (top quartile).
Point 6	1M return: 0.51% (top quartile).
Point 7	Sharpe: 0.21 (top quartile).
Point 8	Information ratio: 0.00 (top quartile).
Point 9	Yield to maturity (debt): 6.54% (top quartile).
Point 10	Modified duration: 0.45 yrs (top quartile).

DSP Money Manager Fund

Highest AUM (₹3,960 Cr).
Oldest track record among peers (13 yrs).
Top rated.
Risk profile: Moderately Low.
1Y return: 6.82% (top quartile).
1M return: 0.51% (top quartile).
Sharpe: 0.21 (top quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 6.54% (top quartile).
Modified duration: 0.45 yrs (top quartile).

Top 5 Dividend Short Term Debt Funds FY 25 - 26

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	2024 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
Nippon India Short Term Fund Normal Dividend, Payout	₹22.0738 ↑ 0.00	₹9,297	2.5	4.8	13.3	12.3	12.7	7.04%	2Y 8M 1D	3Y 3M 29D
Aditya Birla Sun Life Short Term Opportunities Fund Normal Dividend, Payout	₹15.5407 ↑ 0.01	₹10,963	1.9	3	8.3	6.9	6.6	7.21%	2Y 9M 25D	3Y 8M 1D
Axis Short Term Fund Normal Dividend, Payout	₹21.2602 ↑ 0.01	₹12,346	1.8	3.1	8.6	7.7	8	6.88%	2Y 2M 19D	2Y 8M 26D
HDFC Short Term Debt Fund Normal Dividend, Payout	₹19.5498 ↑ 0.01	₹17,947	1.8	3	8.2	7.9	8.3	6.98%	2Y 3M 14D	3Y 5M 8D
Invesco India Short Term Fund Normal Dividend, Payout	₹2,728.44 ↑ 1.18	₹936	1.7	2.7	8	7.3	7.9	6.89%	2Y 9M 25D	3Y 5M 23D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Nov 25

Research Highlights & Commentary of 5 Funds showcased

Commentary	Nippon India Short Term Fund	Aditya Birla Sun Life Short Term Opportunities Fund	Axis Short Term Fund	HDFC Short Term Debt Fund	Invesco India Short Term Fund
Point 1	Bottom quartile AUM (₹9,297 Cr).	Lower mid AUM (₹10,963 Cr).	Upper mid AUM (₹12,346 Cr).	Highest AUM (₹17,947 Cr).	Bottom quartile AUM (₹936 Cr).
Point 2	Established history (11+ yrs).	Oldest track record among peers (22 yrs).	Established history (10+ yrs).	Established history (10+ yrs).	Established history (13+ yrs).
Point 3	Top rated.	Rating: 4★ (upper mid).	Rating: 3★ (lower mid).	Rating: 3★ (bottom quartile).	Rating: 2★ (bottom quartile).
Point 4	Risk profile: Moderately Low.	Risk profile: Moderate.	Risk profile: Moderately Low.	Risk profile: Moderately Low.	Risk profile: Moderate.
Point 5	1Y return: 13.27% (top quartile).	1Y return: 8.30% (lower mid).	1Y return: 8.57% (upper mid).	1Y return: 8.24% (bottom quartile).	1Y return: 8.02% (bottom quartile).
Point 6	1M return: 0.93% (top quartile).	1M return: 0.61% (upper mid).	1M return: 0.51% (bottom quartile).	1M return: 0.56% (lower mid).	1M return: 0.50% (bottom quartile).
Point 7	Sharpe: 2.93 (top quartile).	Sharpe: 1.32 (bottom quartile).	Sharpe: 1.73 (upper mid).	Sharpe: 1.44 (lower mid).	Sharpe: 1.19 (bottom quartile).
Point 8	Information ratio: 0.00 (top quartile).	Information ratio: 0.00 (upper mid).	Information ratio: 0.00 (lower mid).	Information ratio: 0.00 (bottom quartile).	Information ratio: 0.00 (bottom quartile).
Point 9	Yield to maturity (debt): 7.04% (upper mid).	Yield to maturity (debt): 7.21% (top quartile).	Yield to maturity (debt): 6.88% (bottom quartile).	Yield to maturity (debt): 6.98% (lower mid).	Yield to maturity (debt): 6.89% (bottom quartile).
Point 10	Modified duration: 2.67 yrs (lower mid).	Modified duration: 2.82 yrs (bottom quartile).	Modified duration: 2.22 yrs (top quartile).	Modified duration: 2.29 yrs (upper mid).	Modified duration: 2.82 yrs (bottom quartile).

Nippon India Short Term Fund

Bottom quartile AUM (₹9,297 Cr).
Established history (11+ yrs).
Top rated.
Risk profile: Moderately Low.
1Y return: 13.27% (top quartile).
1M return: 0.93% (top quartile).
Sharpe: 2.93 (top quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 7.04% (upper mid).
Modified duration: 2.67 yrs (lower mid).

Aditya Birla Sun Life Short Term Opportunities Fund

Lower mid AUM (₹10,963 Cr).
Oldest track record among peers (22 yrs).
Rating: 4★ (upper mid).
Risk profile: Moderate.
1Y return: 8.30% (lower mid).
1M return: 0.61% (upper mid).
Sharpe: 1.32 (bottom quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.21% (top quartile).
Modified duration: 2.82 yrs (bottom quartile).

Axis Short Term Fund

Upper mid AUM (₹12,346 Cr).
Established history (10+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderately Low.
1Y return: 8.57% (upper mid).
1M return: 0.51% (bottom quartile).
Sharpe: 1.73 (upper mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.88% (bottom quartile).
Modified duration: 2.22 yrs (top quartile).

HDFC Short Term Debt Fund

Highest AUM (₹17,947 Cr).
Established history (10+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately Low.
1Y return: 8.24% (bottom quartile).
1M return: 0.56% (lower mid).
Sharpe: 1.44 (lower mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.98% (lower mid).
Modified duration: 2.29 yrs (upper mid).

Invesco India Short Term Fund

Bottom quartile AUM (₹936 Cr).
Established history (13+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderate.
1Y return: 8.02% (bottom quartile).
1M return: 0.50% (bottom quartile).
Sharpe: 1.19 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.89% (bottom quartile).
Modified duration: 2.82 yrs (bottom quartile).

Top 5 Dividend Liquid Funds FY 25 - 26

Fund	NAV	Net Assets (Cr)	1 MO (%)	3 MO (%)	6 MO (%)	1 YR (%)	2024 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
LIC MF Liquid Fund Normal Dividend, Payout	₹1,000.18	₹11,814	0.5	1.4	2.9	6.5	6.6	6.3%	1M 12D	1M 12D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Nov 25

Research Highlights & Commentary of 1 Funds showcased

Commentary	LIC MF Liquid Fund
Point 1	Highest AUM (₹11,814 Cr).
Point 2	Oldest track record among peers (23 yrs).
Point 3	Top rated.
Point 4	Risk profile: Low.
Point 5	1Y return: 6.50% (top quartile).
Point 6	1M return: 0.47% (top quartile).
Point 7	Sharpe: 2.13 (top quartile).
Point 8	Information ratio: 0.00 (top quartile).
Point 9	Yield to maturity (debt): 6.30% (top quartile).
Point 10	Modified duration: 0.12 yrs (top quartile).

LIC MF Liquid Fund

Highest AUM (₹11,814 Cr).
Oldest track record among peers (23 yrs).
Top rated.
Risk profile: Low.
1Y return: 6.50% (top quartile).
1M return: 0.47% (top quartile).
Sharpe: 2.13 (top quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 6.30% (top quartile).
Modified duration: 0.12 yrs (top quartile).

Top 5 Dividend Gilt Funds FY 25 - 26

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	2024 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
ICICI Prudential Gilt Fund Normal Dividend, Payout	₹17.9537 ↑ 0.01	₹9,146	1.2	0.6	6.4	7.5	8.1	7.13%	6Y 1M 28D	17Y 5M 1D
SBI Magnum Gilt Fund Normal Dividend, Payout	₹20.4177 ↑ 0.01	₹11,055	1.6	-1	5.4	7.3	8.9	6.93%	8Y 5M 12D	16Y 4M 17D
UTI Gilt Fund Normal Dividend, Payout	₹38.1976 ↑ 0.01	₹565	1.7	-0.5	4.4	6.1	7.4	6.57%	5Y 7M 28D	8Y 2M 8D
Nippon India Gilt Securities Fund Normal Dividend, Payout	₹37.9476 ↑ 0.03	₹1,879	1.2	-1.8	4.2	6.5	8.9	7.25%	9Y 2M 19D	21Y 6M 25D
Canara Robeco Gilt Fund Normal Dividend, Payout	₹15.2154 ↑ 0.01	₹147	1	-2	4	6.3	5.9	6.97%	9Y 2M 14D	20Y 6M 26D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Nov 25

Research Highlights & Commentary of 5 Funds showcased

Commentary	ICICI Prudential Gilt Fund	SBI Magnum Gilt Fund	UTI Gilt Fund	Nippon India Gilt Securities Fund	Canara Robeco Gilt Fund
Point 1	Upper mid AUM (₹9,146 Cr).	Highest AUM (₹11,055 Cr).	Bottom quartile AUM (₹565 Cr).	Lower mid AUM (₹1,879 Cr).	Bottom quartile AUM (₹147 Cr).
Point 2	Oldest track record among peers (26 yrs).	Established history (24+ yrs).	Established history (23+ yrs).	Established history (17+ yrs).	Established history (25+ yrs).
Point 3	Top rated.	Rating: 4★ (upper mid).	Rating: 4★ (lower mid).	Rating: 4★ (bottom quartile).	Rating: 4★ (bottom quartile).
Point 4	Risk profile: Moderate.	Risk profile: Moderate.	Risk profile: Moderate.	Risk profile: Moderate.	Risk profile: Moderate.
Point 5	1Y return: 6.43% (top quartile).	1Y return: 5.42% (upper mid).	1Y return: 4.38% (lower mid).	1Y return: 4.21% (bottom quartile).	1Y return: 4.04% (bottom quartile).
Point 6	1M return: -0.30% (upper mid).	1M return: -0.30% (lower mid).	1M return: 0.27% (top quartile).	1M return: -0.77% (bottom quartile).	1M return: -0.75% (bottom quartile).
Point 7	Sharpe: 0.18 (top quartile).	Sharpe: -0.19 (upper mid).	Sharpe: -0.53 (bottom quartile).	Sharpe: -0.40 (lower mid).	Sharpe: -0.44 (bottom quartile).
Point 8	Information ratio: 0.00 (top quartile).	Information ratio: 0.00 (upper mid).	Information ratio: 0.00 (lower mid).	Information ratio: 0.00 (bottom quartile).	Information ratio: 0.00 (bottom quartile).
Point 9	Yield to maturity (debt): 7.13% (upper mid).	Yield to maturity (debt): 6.93% (bottom quartile).	Yield to maturity (debt): 6.57% (bottom quartile).	Yield to maturity (debt): 7.25% (top quartile).	Yield to maturity (debt): 6.97% (lower mid).
Point 10	Modified duration: 6.16 yrs (upper mid).	Modified duration: 8.45 yrs (lower mid).	Modified duration: 5.66 yrs (top quartile).	Modified duration: 9.22 yrs (bottom quartile).	Modified duration: 9.21 yrs (bottom quartile).

ICICI Prudential Gilt Fund

Upper mid AUM (₹9,146 Cr).
Oldest track record among peers (26 yrs).
Top rated.
Risk profile: Moderate.
1Y return: 6.43% (top quartile).
1M return: -0.30% (upper mid).
Sharpe: 0.18 (top quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 7.13% (upper mid).
Modified duration: 6.16 yrs (upper mid).

SBI Magnum Gilt Fund

Highest AUM (₹11,055 Cr).
Established history (24+ yrs).
Rating: 4★ (upper mid).
Risk profile: Moderate.
1Y return: 5.42% (upper mid).
1M return: -0.30% (lower mid).
Sharpe: -0.19 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 6.93% (bottom quartile).
Modified duration: 8.45 yrs (lower mid).

UTI Gilt Fund

Bottom quartile AUM (₹565 Cr).
Established history (23+ yrs).
Rating: 4★ (lower mid).
Risk profile: Moderate.
1Y return: 4.38% (lower mid).
1M return: 0.27% (top quartile).
Sharpe: -0.53 (bottom quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.57% (bottom quartile).
Modified duration: 5.66 yrs (top quartile).

Nippon India Gilt Securities Fund

Lower mid AUM (₹1,879 Cr).
Established history (17+ yrs).
Rating: 4★ (bottom quartile).
Risk profile: Moderate.
1Y return: 4.21% (bottom quartile).
1M return: -0.77% (bottom quartile).
Sharpe: -0.40 (lower mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 7.25% (top quartile).
Modified duration: 9.22 yrs (bottom quartile).

Canara Robeco Gilt Fund

Bottom quartile AUM (₹147 Cr).
Established history (25+ yrs).
Rating: 4★ (bottom quartile).
Risk profile: Moderate.
1Y return: 4.04% (bottom quartile).
1M return: -0.75% (bottom quartile).
Sharpe: -0.44 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.97% (lower mid).
Modified duration: 9.21 yrs (bottom quartile).

1. DSP World Gold Fund

"The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of MLIIF - WGF. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/or units of money market/liquid schemes of DSP Merrill Lynch Mutual Fund, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realized."

Research Highlights for DSP World Gold Fund

Bottom quartile AUM (₹1,498 Cr).
Oldest track record among peers (18 yrs).
Top rated.
Risk profile: High.
5Y return: 18.19% (lower mid).
3Y return: 44.60% (top quartile).
1Y return: 112.44% (top quartile).
Alpha: -4.15 (bottom quartile).
Sharpe: 1.83 (bottom quartile).
Information ratio: -1.05 (bottom quartile).
Top sector: Basic Materials.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~96%).
Largest holding BGF World Gold I2 (~75.6%).
Top-3 holdings concentration ~99.8%.

Below is the key information for DSP World Gold Fund

DSP World Gold Fund Normal Dividend, Payout
Launch Date	14 Sep 07
NAV (18 Nov 25)	₹27.261 ↓ -0.30 (-1.09 %)
Net Assets (Cr)	₹1,498 on 31 Oct 25
Category	Equity - Global
AMC	DSP BlackRock Invmt Managers Pvt. Ltd.
Rating	☆☆☆
Risk	High
Expense Ratio	1.41
Sharpe Ratio	1.83
Information Ratio	-1.05
Alpha Ratio	-4.15
Min Investment	1,000
Min SIP Investment	500
Exit Load	0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Oct 20	₹10,000
31 Oct 21	₹9,021
31 Oct 22	₹6,920
31 Oct 23	₹8,169
31 Oct 24	₹11,658
31 Oct 25	₹21,801

DSP World Gold Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹481,656.
Net Profit of ₹181,656 Invest Now

Returns for DSP World Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Nov 25

Duration	Returns
1 Month	-3.8%
3 Month	32.4%
6 Month	68.1%
1 Year	112.4%
3 Year	44.6%
5 Year	18.2%
10 Year
15 Year
Since launch	8.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	15.7%
2023	6.9%
2022	-7.9%
2021	-9%
2020	31.4%
2019	35.1%
2018	-10.7%
2017	-4%
2016	52.7%
2015	-18.5%

Fund Manager information for DSP World Gold Fund

Name	Since	Tenure
Jay Kothari	1 Mar 13	12.59 Yr.

Data below for DSP World Gold Fund as on 31 Oct 25

Equity Sector Allocation

Sector	Value
Basic Materials	95.54%

Asset Allocation

Asset Class	Value
Cash	1.83%
Equity	95.6%
Debt	0.01%
Other	2.56%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
BGF World Gold I2 Investment Fund \| -	76%	₹1,268 Cr	1,456,030 ↓ -89,620
VanEck Gold Miners ETF - \| GDX	23%	₹389 Cr	573,719
Treps / Reverse Repo Investments CBLO/Reverse Repo \| -	1%	₹18 Cr
Net Receivables/Payables Net Current Assets \| -	0%	₹3 Cr

2. SBI Gold Fund

The scheme seeks to provide returns that closely correspond to returns provided by SBI - ETF Gold (Previously known as SBI GETS).

Research Highlights for SBI Gold Fund

Highest AUM (₹8,457 Cr).
Established history (14+ yrs).
Rating: 2★ (lower mid).
Risk profile: Moderately High.
5Y return: 18.30% (top quartile).
3Y return: 31.06% (upper mid).
1Y return: 60.13% (upper mid).
1M return: -5.51% (bottom quartile).
Alpha: 0.00 (top quartile).
Sharpe: 2.42 (lower mid).
Information ratio: 0.00 (top quartile).
Top bond sector: Cash Equivalent.
Largest holding SBI Gold ETF (~101.2%).
Top-3 holdings concentration ~107.3%.

Below is the key information for SBI Gold Fund

SBI Gold Fund Normal Dividend, Payout
Launch Date	12 Sep 11
NAV (19 Nov 25)	₹36.0288 ↑ 0.49 (1.38 %)
Net Assets (Cr)	₹8,457 on 31 Oct 25
Category	Gold - Gold
AMC	SBI Funds Management Private Limited
Rating	☆☆
Risk	Moderately High
Expense Ratio	0.3
Sharpe Ratio	2.42
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Oct 20	₹10,000
31 Oct 21	₹9,322
31 Oct 22	₹9,704
31 Oct 23	₹11,659
31 Oct 24	₹14,955
31 Oct 25	₹22,349

SBI Gold Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹481,656.
Net Profit of ₹181,656 Invest Now

Returns for SBI Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Nov 25

Duration	Returns
1 Month	-5.5%
3 Month	24.1%
6 Month	30.3%
1 Year	60.1%
3 Year	31.1%
5 Year	18.3%
10 Year
15 Year
Since launch	9.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	19.6%
2023	14.1%
2022	12.6%
2021	-5.7%
2020	27.4%
2019	22.8%
2018	6.4%
2017	3.5%
2016	10%
2015	-8.1%

Fund Manager information for SBI Gold Fund

Name	Since	Tenure
Raviprakash Sharma	12 Sep 11	14.06 Yr.

Data below for SBI Gold Fund as on 31 Oct 25

Asset Allocation

Asset Class	Value
Cash	0.27%
Other	99.73%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
SBI Gold ETF - \| -	101%	₹7,118 Cr	717,924,671 ↑ 124,207,431
Net Receivable / Payable CBLO \| -	4%	-₹255 Cr
Treps CBLO/Reverse Repo \| -	2%	₹171 Cr

3. Nippon India Gold Savings Fund

The investment objective of the Scheme is to seek to provide returns that closely correspond to returns provided by Reliance ETF Gold BeES.

Research Highlights for Nippon India Gold Savings Fund

Upper mid AUM (₹4,545 Cr).
Established history (14+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 18.02% (bottom quartile).
3Y return: 30.74% (lower mid).
1Y return: 59.83% (lower mid).
1M return: -5.45% (lower mid).
Alpha: 0.00 (upper mid).
Sharpe: 2.41 (bottom quartile).
Information ratio: 0.00 (upper mid).
Top bond sector: Cash Equivalent.
Largest holding Nippon India ETF Gold BeES (~100.2%).
Top-3 holdings concentration ~101.4%.

Below is the key information for Nippon India Gold Savings Fund

Nippon India Gold Savings Fund Normal Dividend, Payout
Launch Date	7 Mar 11
NAV (19 Nov 25)	₹47.138 ↑ 0.61 (1.31 %)
Net Assets (Cr)	₹4,545 on 31 Oct 25
Category	Gold - Gold
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Moderately High
Expense Ratio	0.35
Sharpe Ratio	2.41
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-1 Years (2%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Oct 20	₹10,000
31 Oct 21	₹9,330
31 Oct 22	₹9,678
31 Oct 23	₹11,615
31 Oct 24	₹14,878
31 Oct 25	₹22,154

Nippon India Gold Savings Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹481,656.
Net Profit of ₹181,656 Invest Now

Returns for Nippon India Gold Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Nov 25

Duration	Returns
1 Month	-5.5%
3 Month	24.1%
6 Month	30.3%
1 Year	59.8%
3 Year	30.7%
5 Year	18%
10 Year
15 Year
Since launch	11.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	19%
2023	14.3%
2022	12.3%
2021	-5.5%
2020	26.6%
2019	22.5%
2018	6%
2017	1.7%
2016	11.6%
2015	-8.1%

Fund Manager information for Nippon India Gold Savings Fund

Name	Since	Tenure
Himanshu Mange	23 Dec 23	1.77 Yr.

Data below for Nippon India Gold Savings Fund as on 31 Oct 25

Asset Allocation

Asset Class	Value
Cash	1.14%
Other	98.86%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Nippon India ETF Gold BeES - \| -	100%	₹4,139 Cr	431,810,511 ↑ 28,940,000
Net Current Assets Net Current Assets \| -	1%	-₹29 Cr
Triparty Repo CBLO/Reverse Repo \| -	1%	₹21 Cr
Cash Margin - Ccil CBLO \| -	0%	₹0 Cr
Cash Net Current Assets \| -	0%	₹0 Cr	00

4. Aditya Birla Sun Life Gold Fund

An Open ended Fund of Funds Scheme with the investment objective to provide returns that tracks returns provided by Birla Sun Life Gold ETF (BSL Gold ETF).

Research Highlights for Aditya Birla Sun Life Gold Fund

Bottom quartile AUM (₹1,042 Cr).
Established history (13+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderately High.
5Y return: 18.24% (upper mid).
3Y return: 30.67% (bottom quartile).
1Y return: 59.60% (bottom quartile).
1M return: -5.72% (bottom quartile).
Alpha: 0.00 (lower mid).
Sharpe: 2.45 (upper mid).
Information ratio: 0.00 (lower mid).
Top bond sector: Cash Equivalent.
Largest holding Aditya BSL Gold ETF (~100.4%).
Top-3 holdings concentration ~103.3%.

Below is the key information for Aditya Birla Sun Life Gold Fund

Aditya Birla Sun Life Gold Fund Normal Dividend, Payout
Launch Date	20 Mar 12
NAV (19 Nov 25)	₹35.8006 ↑ 0.57 (1.61 %)
Net Assets (Cr)	₹1,042 on 31 Oct 25
Category	Gold - Gold
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	0.51
Sharpe Ratio	2.45
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	100
Exit Load	0-365 Days (1%),365 Days and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Oct 20	₹10,000
31 Oct 21	₹9,398
31 Oct 22	₹9,736
31 Oct 23	₹11,666
31 Oct 24	₹14,932
31 Oct 25	₹22,224

Aditya Birla Sun Life Gold Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹481,656.
Net Profit of ₹181,656 Invest Now

Returns for Aditya Birla Sun Life Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Nov 25

Duration	Returns
1 Month	-5.7%
3 Month	24.1%
6 Month	30.1%
1 Year	59.6%
3 Year	30.7%
5 Year	18.2%
10 Year
15 Year
Since launch	9.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	18.7%
2023	14.5%
2022	12.3%
2021	-5%
2020	26.1%
2019	21.3%
2018	6.8%
2017	1.6%
2016	11.5%
2015	-7.2%

Fund Manager information for Aditya Birla Sun Life Gold Fund

Name	Since	Tenure
Priya Sridhar	31 Dec 24	0.75 Yr.

Data below for Aditya Birla Sun Life Gold Fund as on 31 Oct 25

Asset Allocation

Asset Class	Value
Cash	0.93%
Other	99.07%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Aditya BSL Gold ETF - \| -	100%	₹913 Cr	89,486,826 ↑ 9,590,606
Net Receivables / (Payables) Net Current Assets \| -	2%	-₹15 Cr
Clearing Corporation Of India Limited CBLO/Reverse Repo \| -	1%	₹11 Cr

5. Kotak Gold Fund

The investment objective of the scheme is to generate returns by investing in units of Kotak Gold Exchange Traded Fund.

Research Highlights for Kotak Gold Fund

Lower mid AUM (₹4,540 Cr).
Established history (14+ yrs).
Rating: 1★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 17.99% (bottom quartile).
3Y return: 30.56% (bottom quartile).
1Y return: 59.51% (bottom quartile).
1M return: -5.42% (upper mid).
Alpha: 0.00 (bottom quartile).
Sharpe: 2.49 (top quartile).
Information ratio: 0.00 (bottom quartile).
Top bond sector: Cash Equivalent.
Largest holding Kotak Gold ETF (~100.0%).
Top-3 holdings concentration ~101.1%.

Below is the key information for Kotak Gold Fund

Kotak Gold Fund Normal Dividend, Payout
Launch Date	25 Mar 11
NAV (19 Nov 25)	₹47.2741 ↑ 0.66 (1.41 %)
Net Assets (Cr)	₹4,540 on 31 Oct 25
Category	Gold - Gold
AMC	Kotak Mahindra Asset Management Co Ltd
Rating	☆
Risk	Moderately High
Expense Ratio	0.5
Sharpe Ratio	2.49
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	0-6 Months (2%),6-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Oct 20	₹10,000
31 Oct 21	₹9,375
31 Oct 22	₹9,685
31 Oct 23	₹11,588
31 Oct 24	₹14,799
31 Oct 25	₹22,037

Kotak Gold Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047 Invest Now

Returns for Kotak Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Nov 25

Duration	Returns
1 Month	-5.4%
3 Month	24%
6 Month	30.1%
1 Year	59.5%
3 Year	30.6%
5 Year	18%
10 Year
15 Year
Since launch	11.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	18.9%
2023	13.9%
2022	11.7%
2021	-4.7%
2020	26.6%
2019	24.1%
2018	7.3%
2017	2.5%
2016	10.2%
2015	-8.4%

Fund Manager information for Kotak Gold Fund

Name	Since	Tenure
Abhishek Bisen	25 Mar 11	14.53 Yr.
Jeetu Sonar	1 Oct 22	3 Yr.

Data below for Kotak Gold Fund as on 31 Oct 25

Asset Allocation

Asset Class	Value
Cash	1.64%
Other	98.36%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Kotak Gold ETF - \| -	100%	₹4,154 Cr	431,854,687 ↑ 25,081,904
Net Current Assets/(Liabilities) Net Current Assets \| -	1%	-₹24 Cr
Triparty Repo CBLO/Reverse Repo \| -	1%	₹22 Cr

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.