ADVANTAGE

• Un-hedged Equity (20-45%)
  • Participate in equity markets
  • Benefit from potential capital appreciation
• Arbitrage (20-60%)
  • Benefit from the inefficiencies in market and capture the spreads
  • Benefit from lower volatility
• Debt (20-35%)
  • Benefit from regular income feature of debt instruments
  • Benefit from lower volatility

     WHO IS THIS FUND FOR?

• Investors who want limited participation in equity markets
• Investors who want asset allocation across equity, arbitrage and debt
• Investors who seek to limit downside and capture the potential upside offered by equity markets

     FUND FEATURES: (Data as on 28th February'22)

Category: Equity Savings
Monthly Avg AUM: Rs91.48 Crores
Inception Date: 9th June 2008
Fund Manager:
Equity Portion : Mr. Nemish Sheth (w.e.f. 1st Nov 2021), Mr. Sachin Relekar (w.e.f. 08th Dec 2020) &
Debt Portion : Mr. Harshal Joshi (w.e.f. 20th October 2016)
Standard Deviation (Annualized): 8.90%
Modified Duration: 61 Days*
Average Maturity: 67 Days*
Macaulay Duration: 64 Days*
Yield to Maturity: 3.53%*
*Of Debt Allocation Only
Benchmark: CRISIL Equity Savings Index (w.e.f. 1st Dec, 2021)
Minimum Investment Amount: Rs5,000/-and any amount thereafter
Exit Load: If redeemed/switched out within 7 days from the date of allotment:
• Up to 10% of investment: Nil,
• For remaining investment: 0.25% of applicable NAV.
• If redeemed/switched out after 7 days from date of allotment: Nil.
SIP Frequency: Monthly (Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment.)
Options Available: Growth & IDCW^@ Option - Monthly, Quarterly and Annual and Payout, Reinvestment & Sweep facilities (from Equity Schemes to Debt Schemes Only)

PLAN	IDCW@ RECORD DATE	₹/UNIT	NAV
REGULAR	25-Feb-22	0.04	14.0700
	28-Jan-22	0.04	14.2300
	28-Dec-21	0.04	14.2700
DIRECT	25-Feb-22	0.04	15.0600
	28-Jan-22	0.04	15.2100
	28-Dec-21	0.04	15.2300

Income Distribution cum capital withdrawal have been rounded off till 2 decimals
Face Value per Unit (in ₹) is 10
Income Distribution cum capital withdrawal is not guaranteed and past performance may or may not be sustained in future. Pursuant to payment of Income Distribution cum capital withdrawal, the NAV of the scheme would fall to the extent of payout and statutory levy (as applicable). Source: ICRA MFI Explorer

^@Income Distribution cum capital withdrawal

PORTFOLIO

(28 February 2022)

Name of the Instrument	Ratings	% of NAV
Equity and Equity related Instruments		66.88%
Net Equity Exposure		19.62%
Software		5.17%
Tech Mahindra		4.07%
Tech Mahindra - Equity Futures		-3.34%
Tata Consultancy Services		3.12%
Tata Consultancy Services - Equity Futures		-1.14%
Infosys		1.58%
HCL Technologies		1.01%
HCL Technologies - Equity Futures		-1.01%
Wipro		0.95%
Wipro - Equity Futures		-0.95%
MphasiS		0.90%
Banks		4.54%
IndusInd Bank		2.74%
IndusInd Bank - Equity Futures		-2.75%
Axis Bank		2.70%
Axis Bank - Equity Futures		-2.67%
ICICI Bank		1.75%
State Bank of India		1.39%
HDFC Bank		1.37%
Auto		1.57%
Tata Motors		4.35%
Tata Motors - Equity Futures		-3.46%
Mahindra & Mahindra		1.42%
Mahindra & Mahindra - Equity Futures		-1.42%
Maruti Suzuki India		0.68%
Bajaj Auto		0.57%
Bajaj Auto - Equity Futures		-0.57%
Finance		1.43%
Bajaj Finance		3.53%
Bajaj Finance - Equity Futures		-2.52%
LIC Housing Finance		1.76%
LIC Housing Finance - Equity Futures		-1.76%
Sundaram Finance		0.43%
Telecom - Services		1.19%
Bharti Airtel		1.47%
Bharti Airtel - Equity Futures		-0.28%
Pharmaceuticals		1.07%
Sun Pharmaceutical Industries		2.98%
Sun Pharmaceutical Industries - Equity Futures		-2.08%
Aurobindo Pharma		1.70%
Aurobindo Pharma - Equity Futures		-1.71%
Torrent Pharmaceuticals		0.44%
Torrent Pharmaceuticals - Equity Futures		-0.44%
Laurus Labs		0.17%
Power		0.81%
Tata Power Company		1.13%
Tata Power Company - Equity Futures		-1.13%
Torrent Power		0.81%
Gas		0.74%
Gujarat State Petronet		0.74%
Cement & Cement Products		0.70%
UltraTech Cement		0.70%
Construction Project		0.70%
Larsen & Toubro		0.70%
Industrial Capital Goods		0.68%
Thermax		0.68%
Fertilisers		0.33%
Coromandel International		0.33%
Insurance		0.28%
SBI Life Insurance Company		0.93%
SBI Life Insurance Company - Equity Futures		-0.94%
HDFC Life Insurance Company		0.28%
Pesticides		0.25%
Rallis India		0.25%
Ferrous Metals		0.11%
JSW Steel		1.81%
JSW Steel - Equity Futures		-1.81%
APL Apollo Tubes		0.11%
Capital Markets		0.03%
HDFC Asset Management Company		1.11%
HDFC Asset Management Company - Equity Futures		-1.12%
ICICI Securities		0.03%
Consumer Non Durables		0.02%
Marico		1.43%
Marico - Equity Futures		-1.43%
Dabur India		1.20%
Nestle India		0.09%
Nestle India - Equity Futures		-0.09%
Britannia Industries		0.02%
Dabur India - Equity Futures		-1.21%
Consumer Durables		0.02%
Titan Company		3.26%
Titan Company - Equity Futures		-3.26%
Amber Enterprises India		0.02%
Chemicals		0.002%
Pidilite Industries		2.50%
Pidilite Industries - Equity Futures		-2.50%
Tata Chemicals		1.35%
Tata Chemicals - Equity Futures		-1.35%
Transportation		-0.004%
Adani Ports and Special Economic Zone		2.27%
Adani Ports and Special Economic Zone - Equity Futures		-2.27%
Petroleum Products		-0.01%
Reliance Industries		4.03%
Reliance Industries - Equity Futures		-4.04%
Treasury Bill		5.34%
364 Days Tbill - 2022	SOV	5.34%
Corporate Bond		3.44%
REC	AAA	3.44%
Britannia Industries	AAA	0.0002%
Mutual Fund Units		3.22%
IDFC Cash Fund -Direct Plan -Growth		3.22%
Net Cash and Cash Equivalent		21.22%
Grand Total		100.00%

     INDUSTRY ALLOCATION

     RISKOMETER