For CY17 YTD, equity AUM is up 24%, as against
Nifty’s rise of 18%
Equity AUM (INR b)
AUM CAGR 25%
Nifty CAGR 10%
Nifty Index
8,186
4,196
9,621
8,283
7,946
Equity AUM of MF industry at
new high, up 40% in 12 months
INR5.2t
5,184
5,905
1,665
CY12
6,304
2,832
1,584
CY13
CY14
3,646
INR102b
Net inflows in May –
highest since June 2015
CY15
CY16
CY17YTD
Deven Mistry (Deven@MotilalOswal.com); +91 22 3982 5440
Investors are advised to refer to important disclosures made at the last page of the Research Report
June 2017

SUMMARY: Equity AUM up for the sixth successive month
Key observations
Domestic mutual funds (MF) continued their positive momentum, with equity AUM touching a new high of INR5.2t (+2.7% MoM, +40% YoY) in May.
The increase in equity AUM was led by a rise in market indices (Nifty up 3.4% MoM) and higher equity schemes sales (INR229b, +19% MoM).
Redemptions rose 22% MoM to INR127b, leading to a rise in net inflows (INR102b, +15% MoM).
Total AUM of the MF industry declined 1.2% MoM to INR19t in May due to a fall in AUM of Liquid funds (INR595b) and Gold ETFs (INR1b). All other
categories saw a rise, particularly Equity funds (+INR134b), Income funds (+INR119b) and Balanced funds (+INR86b).
Equity schemes witnessed inflows of INR102b in May – the highest since June 2015.
Equity AUM, as a percentage of total AUM, rose 100bp MoM to 27.2% in May. Equity AUM accounts for 4.1% of India’s market capitalization.
The month saw a
notable change in sector and stock allocation of funds.
On an MoM basis, the weights of Private Banks, Metals, Consumer,
Technology, Auto and Infra increased, while those of Healthcare, Oil & Gas, PSU Banks, Cement, Cap Goods and Utilities showed signs of moderation.
After increasing for seven consecutive months,
the weight of Oil & Gas declined
in May to 6.4% (-50bp MoM).
Private Banks maintained its
positive momentum
for the second consecutive month to attain a high of 17.3% (+90bp MoM).
Metals too maintained its upward trajectory,
with a
sustained MoM increase in its weight since May 2016.
Healthcare sector weight reached a new low
of 6.1% (-50bp MoM). As a result,
the sector has fallen to the ninth position in sector allocation
of
mutual funds – it was at the fifth position 12 months ago.
Of the top 10 stocks in terms of value increase MoM, four were from Financials.
Vedanta, which entered the Nifty-50, was one of the preferred stocks
among
MFs in May, with net buying by 14 funds. Value increased by INR8b, despite the
stock delivering negative return of 1.9% during the month.
ICICI Bank, one of the preferred stocks among MFs in May, saw net buying by
10 funds.
Value increased by INR42.4b; the stock was up by 17% for the month.
Other Financials witnessing an increase in value on an MoM basis were HDFC
Bank (INR22.8b), Kotak Mahindra Bank (INR21.9b) and HDFC (INR12.7b).
Value shocks were significant in Healthcare stocks.
Sun Pharma (-INR9.6b), Lupin
(-INR5.8b) and Glenmark (-INR3b) saw a maximum decline in value.
Equity AUM touched a new high of INR5.2t
Equity AUM (INR t)
4.0
3.0
5.0
5.2
Some interesting facts
Fund Folio: Indian Mutual Fund Tracker | June 2017
2

SUMMARY: Equity AUM up for the sixth successive month
Key interesting charts
Net inflows in May at INR102b – highest since
June 2015
Equity Net Inflows (INR b)
120
Metals has reported a sustained MoM
increase in weight since May 2016
Metals
2.6 2.7
Private Banks weight rose for the second
consecutive month to attain a high of 17.3%
3.1
Banks Private
17.0
16.7
16.9
16.8
16.5 16.5
16.4 16.5
16.7
16.3
16.2
16.4
17.3
102
1.6 1.6
1.4 1.4 1.5
1.8
2.1
2.1
2.3 2.4
Consumer sector weight increased 30bp MoM
to 6.7%
Consumer
6.2 6.2
6.3
6.6
6.4
Healthcare sector weight touched a new low
of 6.1% (-50bp MoM)
8.2 8.2 8.2 8.1
8.0 8.1
8.5
8.1
7.5
7.7
7.3
6.6
Healthcare
Oil & Gas weight declined in May after seven
consecutive months of increase
Oil & Gas
6.9
6.6 6.7 6.8
5.9 6.0 6.1
5.8
5.6 5.6
5.6 5.7
6.7
6.4
6.0 6.0 6.0 6.0
5.9 6.0 5.9
6.1
Fund Folio: Indian Mutual Fund Tracker | June 2017
3

Contents
AUM:
Equity AUM up 40% in 12 months; rises for sixth consecutive month in May
Flows:
Net inflows in May at INR102b – highest since June 2015
Top-20 funds:
Equity value up 3% MoM and 52% YoY
Sector-wise weight:
MoM increase seen in Private Banks, Metals and Consumer
Sectoral allocation of funds:
Consumer, Technology, Oil & Gas under-owned
Nifty-50 snapshot:
MFs net buyers in 65% of the stocks
Top schemes and NAV change:
76% of the top-25 schemes close higher
Value surprise:
Maximum MoM change in ICICI Bk, HDFC Bk, Kotak Mah Bk and ITC
Funds snapshot:
Overview
About the product
Fund Folio
is a handbook on the
holdings of the top 20 domestic mutual
funds in India. This monthly report will
cover:
Trend in AUMs and flows
Sector allocation by funds
Stock-wise holding change
Top schemes and NAV chg.
Fund-wise snapshot on top holdings
Axis
Birla Sun Life
BNP Paribas
Canara Robeco
DSP BlackRock
Franklin Templeton
HDFC
ICICI Prudential
IDFC
Invesco
Kotak Mahindra
L&T
Mirae Asset
Motilal Oswal
Principal
Reliance
SBI
Sundaram
Tata
UTI
Notes:
This report covers only the top 20 mutual
funds by exposure to equity
All aggregates pertain only to the funds
listed in this report
Sectors are as defined by MOSL Research
Source: AMFI, NAVIndia
Fund Folio: Indian Mutual Fund Tracker | June 2017
4

AUM:
Equity AUM up 40% in 12 months; rises for sixth consecutive month in May
21
17
13
9
5
9.0
10.1
11.8 12.0
13.2
14.2
Equity AUM rose for the sixth consecutive month in May to scale a new high of INR5.2t (+2.7% MoM and +40% YoY). The increase in equity AUM
was led by a rise in market indices (Nifty +3.4% MoM) and higher equity schemes sales (INR229b, +19% MoM). Redemptions rose 22% MoM to
INR127b, leading to an increase in net inflows (INR102b, +15% MoM).
Total AUM of the MF industry declined 1.2% MoM to INR19t in May due to a fall in AUM of Liquid funds (INR595b) and Gold ETFs (INR1b). All other
categories saw a rise, particularly Equity funds (+INR134b), Income funds (+INR119b) and Balanced funds (+INR86b).
Equity AUM, as a percentage of total AUM, rose 100bp MoM to 27.2% in May. Equity AUM accounts for 4.1% of India’s market capitalization.
Trend in equity AUM and % of market capitalization
16.3 17.4
Trend in total AUM and equity AUM (as % of total)
Total AUM (INR t)
Equity as % to total AUM - RHS
19.0
31
19.3
27
23
19
15
6.0
4.8
3.5
2.3
1.0
Equity AUM (INR t)
Equity AUM % to Mktcap - RHS
5.2
4.8
4.1
3.4
2.7
2.0
15.2
3.7
Note: Equity AUM does not include ELSS equity
What drove total AUM in May (INR b)
134
119
86
17
14
2
0
0
-1
-595
19,040
What drove equity AUM in May (INR b)
229
-127
32
19,263
5,184
5,050
Apr-17 Equity IncomeBalanced Other ELSS GILT Infra FOF
ETFs Equity
Debt Fund
Gold Liquid May-17
ETF
Apr-17
Sales
Redemption Capital Appreciation
May-17
Fund Folio: Indian Mutual Fund Tracker | June 2017
5

Flows:
Net inflows in May at INR102b – highest since June 2015
Mutual funds’ gross inflows rose 19% MoM to INR229b in May, while redemptions increased 22% MoM to INR127b. Consequently, net inflows were
up 15% MoM to INR102b in May.
Monthly trend of sales, redemptions and net amount raised by mutual funds (toward equity)
300
200
100
0
-100
-200
-300
-103
Inflows in Equity (INR b)
Redemptions in Equity (INR b)
Net Inflow/Outflow in Equity (INR b)
192
229
102
-127
Total scheme sales
up 19% MoM to
INR229b in May
Yearly trend of net inflows by mutual funds (toward equity)
Net Inflow/Outflow in Equity (INR b)
490
212
254
68
-1
-162
CY07
CY08
CY09
CY10
CY11
-141
CY12
-87
CY13
CY14
CY15
CY16
CY17
YTD
852
463
Yearly trend of sales and redemptions by mutual funds (toward equity)
Sale in Equity (INR b)
1,025
660
652
Redemptions in Equity (INR b)
1,148
466
542
390
421
1,633 1,742
1,035
335
-813
CY07
-406
CY08
-467
CY09
-814
CY10
-473
CY11
-531
CY12
-508
CY13
-658
CY14
-1,279
CY15 CY16 CY17
YTD
-782
-700
Fund Folio: Indian Mutual Fund Tracker | June 2017
6

Top-20 funds:
Equity value up 3% MoM and 52% YoY
Total equity value of the top-20 AMCs rose 3% MoM (+52.2% YoY) in May, as against the Nifty’s rise of 3.4% MoM (+17.9% YoY).
Among the top-10 funds, the highest MoM increase was recorded in SBI Mutual Fund (+4.9%), Kotak Mahindra Mutual Fund (+4.6%), DSP BlackRock
Mutual Fund (+4.5%), HDFC Mutual Fund (+3.7%) and ICICI Prudential Mutual Fund (+3.6%).
Trend of top-20 mutual funds by equity value
HDFC Mutual Fund
ICICI Prudential Mutual Fund
SBI Mutual Fund
Reliance Mutual Fund
Birla Sun Life Mutual Fund
UTI Mutual Fund
Franklin Temp. Mutual Fund
DSP BlackRock Mutual Fund
Kotak Mahindra Mutual Fund
AXIS Mutual Fund
L&T Mutual Fund
Sundaram Mutual Fund
IDFC Mutual Fund
Tata Mutual Fund
Motilal Oswal Mutual Fund
Mirae Asset Mutual Fund
Canara Robeco Mutual Fund
BNP Paribas Mutual Fund
PRINCIPAL Mutual Fund
Invesco Mutual Fund
Total of above
Nifty
Value (INR b)
MoM Change (%)
12M Chg
Cash
May-17
May-16 June-16 July-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 (INRb) (%) Holding (%)
976
4.3
3.4
5.2
4.6
-0.3
4.3
-2.7
-0.3
8.1
4.2
5.9
5.6
3.7
325
49.8
2.4
858
4.1
4.4
4.2
4.0
2.0
5.6
-1.0
-0.8
6.1
7.0
4.0
4.1
3.6
296
52.6
9.3
751
8.0
4.2
7.5
5.0
4.3
4.8
-2.3
5.2
9.1
8.1
8.9
5.0
4.9
349
87.0
6.4
691
2.7
2.5
4.1
2.8
-1.5
3.3
-3.0
-3.0
15.7
2.1
4.7
3.4
1.0
181
35.5
4.6
549
6.9
3.8
6.7
2.7
2.1
5.1
-4.5
0.4
10.0
8.0
7.9
5.3
3.2
212
63.0
6.6
464
3.8
2.6
4.9
2.0
-1.1
1.5
-3.9
0.6
6.3
4.0
4.8
2.8
1.2
103
28.6
3.6
449
5.1
4.7
3.8
3.5
-0.1
3.8
-2.4
-0.5
6.6
3.6
4.7
3.5
2.1
125
38.6
7.8
295
4.3
5.3
7.1
3.8
1.9
6.1
-4.4
2.3
7.5
6.8
9.9
8.0
4.5
128
76.2
4.2
271
9.5
0.8
7.4
8.6
1.4
4.7
2.7
2.6
11.2
1.7
14.2
7.8
4.6
129
91.5
8.5
200
7.2
2.6
7.4
2.4
0.4
3.6
-5.6
-3.7
7.6
5.8
5.7
8.0
2.7
60
42.4
8.7
170
7.3
3.8
6.1
2.7
1.5
4.1
-1.1
-3.8
10.7
4.1
7.0
9.1
4.1
63
59.1
7.0
134
3.1
4.9
7.0
4.6
0.0
7.4
-8.3
-1.5
8.4
5.1
6.8
8.4
1.5
46
52.7
5.2
122
2.0
-1.1
7.8
2.0
-0.9
4.6
-8.2
-1.7
3.5
6.9
0.9
5.2
-0.3
20
19.1
8.9
117
3.7
3.7
5.6
1.1
0.6
0.1
-5.2
-0.5
7.1
1.0
2.8
4.5
0.0
21
22.1
3.3
95
4.9
5.9
7.9
1.0
5.7
4.4
-2.4
-0.9
8.8
8.5
9.2
9.1
2.3
41
77.3
1.5
84
11.9
8.3
9.2
7.1
7.9
12.1
0.0
-0.2
10.0
8.0
8.2
8.4
6.1
47
125.8
2.4
50
1.7
7.5
5.9
3.0
2.3
0.2
-3.2
-2.8
6.9
4.5
6.7
7.9
0.4
16
45.9
1.8
32
4.9
5.7
5.5
0.0
-3.9
-0.8
-5.9
-3.2
6.8
3.2
2.8
9.9
0.3
6
21.0
3.9
28
5.1
3.9
4.6
4.4
-0.2
2.8
-3.7
-2.8
6.6
4.0
5.9
6.7
4.0
8
41.8
3.2
26
5.5
2.1
3.5
1.2
0.5
2.5
-5.8
-0.8
4.0
3.3
5.9
7.2
1.7
6
27.8
4.6
6,362
4.9
3.6
5.6
3.6
0.9
4.3
-2.9
-0.1
8.7
5.2
6.3
5.2
3.0
2,182 52.2
5.2
9,621
4.0
1.6
4.2
1.7
-2.0
0.2
-4.7
-0.5
4.6
3.7
3.3
1.4
3.4
17.9
Note:
Equity Value represent equity exposure for all schemes of Mutual Fund. Cash is derived by deducting equity AUM from total AUM; Only equity growth schemes
have been considered for cash.
Fund Folio: Indian Mutual Fund Tracker | June 2017
7

Sector-wise weight:
MoM increase seen in Private Banks, Metals and Consumer
In May, MFs showed interest in Private Banks, Metals, Consumer, Technology, Auto and Infrastructure—these sectors saw an MoM increase in
weight. Healthcare, Oil & Gas, PSU Banks, Cement, Capital Goods and Utilities saw an MoM decrease in weight.
Private Banks (17.3%) was the top sector holding in May, followed by Auto (10.7%), Capital Goods (8.7%) and NBFC (7%).
Media, Healthcare, Oil & Gas, PSU Banks, Cement, Textiles, Utilities and Media were the sectors witnessing a decline in value on an MoM basis.
Sector allocation (%):
Private Banks and Metals see highest increase
May Weight (%)
Banks Private
Auto
Capital Goods
NBFC
Technology
Consumer
Oil & Gas
Healthcare
Banks Public
Chemicals
Cement
Metals
Utilities
Infrastructure
Textiles
Telecom
Media
Retail
Real Estate
7.0
6.8
6.7
6.4
6.1
4.7
4.0
3.3
3.1
2.9
1.4
1.2
1.1
1.1
1.0
0.4
-
-
-
0.1
0.4
Sector value change MoM (%):
Metals
Banks Private
Consumer
Infrastructure
Technology
Auto
NBFC
Real Estate
Chemicals
Capital Goods
Telecom
Retail
Utilities
Textiles
Cement
Banks Public
Oil & Gas
-0.9
-1.3
-1.3
-1.7
2.5
1.9
1.8
1.7
1.7
1.4
Media/Healthcare saw highest fall in value
16.5
8.6
7.9
7.9
7.1
5.3
MFs v/s BSE-200 weight (%):
BSE 200 Weight (%)
Banks Private
Consumer
Auto
NBFC
Technology
Oil & Gas
Healthcare
Capital Goods
Utilities
Metals
Cement
Banks Public
Telecom
Chemicals
Infrastructure
Media
Retail
Textiles
Real Estate
Consumer u/w and Capital Goods o/w
MF Weight (%)
6.7
7.0
6.8
6.4
5.6
6.1
4.8
3.4
2.9
3.2
3.1
2.9
3.3
2.9
4.7
1.8
1.1
1.3
4.0
0.9
1.4
0.8
1.1
0.7
1.0
0.6
1.2
0.2
0.4
12.0
10.7
10.7
10.1
9.7
9.0
17.8
17.3
MoM Chg (pp)
17.3
0.9
0.2
10.7
8.7
-
0.3
0.3
8.7
-3.5
Healthcare -5.1
Media -6.2
Fund Folio: Indian Mutual Fund Tracker | June 2017
8

Sectoral allocation of funds:
Consumer, Technology, Oil & Gas under-owned
Top sectors where ownership of mutual funds vis-à-vis BSE-200 is at least 1% lower:
Consumer (20 funds under-owned), Technology (18 funds
under-owned), Oil & Gas (17 funds under-owned), NBFCs (13 funds under-owned) and Telecom (13 funds under-owned).
Top sectors where ownership of mutual funds vis-à-vis BSE-200 is at least 1% higher:
Capital Goods (18 funds over-owned), Cement (10 funds
over-owned), PSU Banks (8 funds over-owned), Autos (7 funds over-owned) and Private Banks (7 funds over-owned).
Sector-wise allocation of funds v/s BSE-200 (%)
Sector
Auto
Banks Private
Banks Public
Capital Goods
Cement
Chemicals
Consumer
Healthcare
Infrastructure
Media
Metals
NBFC
Oil & Gas
Real Estate
Retail
Technology
Telecom
Textiles
Utilities
BSE
200
10.7
17.8
2.9
4.8
2.9
1.3
12.0
5.6
0.9
0.8
3.2
10.1
9.0
0.2
0.7
9.7
1.8
0.6
3.4
Axis
Birla Sun BNP
Canara
DSP
Franklin
ICICI
HDFC
Life
Paribas Robeco BlackRock Templeton
Pru
19.8
10.8
4.3
12.5
8.3
14.1
8.4 10.4
17.4
0.2
17.0
2.1
7.2
4.5
4.1
10.0
6.7
1.1
1.5
4.6
11.0
6.3
0.1
0.6
5.3
0.7
0.7
2.0
24.7
2.4
7.3
3.8
4.5
7.6
2.2
3.0
3.9
4.5
9.9
5.1
0.0
2.4
2.3
1.4
1.5
2.8
12.0
3.3
9.6
4.1
9.1
9.5
4.2
1.4
1.8
0.1
8.4
7.4
0.8
0.6
3.1
0.1
2.1
2.4
15.9
5.4
10.1
3.6
7.6
5.9
4.5
2.1
1.6
5.4
4.9
8.0
0.6
0.4
2.6
0.0
4.6
0.6
24.6
3.9
5.0
4.3
1.9
6.1
6.9
1.3
0.9
0.9
2.8
4.9
0.7
2.1
6.4
3.7
1.2
2.9
14.8
11.6
13.2
1.5
4.1
2.8
3.9
2.1
1.3
3.7
3.7
6.7
0.2
1.0
8.0
0.8
0.6
4.4
17.0
3.0
6.6
1.7
2.9
7.2
8.8
1.4
0.6
4.3
6.1
4.6
0.5
0.5
10.4
2.8
0.2
6.2
IDFC
10.0
9.4
1.1
10.8
4.3
4.6
7.2
6.9
1.0
1.8
4.9
9.4
5.5
0.7
1.6
2.6
0.2
3.4
1.8
Invesco
13.8
20.5
1.2
8.1
2.1
3.5
3.7
3.7
1.2
2.1
2.1
7.3
9.0
0.1
0.9
6.8
1.0
0.0
3.1
Kotak
Mahindra
10.3
23.3
5.2
6.1
6.2
3.0
6.3
5.3
0.5
1.6
2.3
7.8
9.7
0.5
0.3
3.8
0.3
1.8
0.9
L&T
6.4
13.1
5.6
12.0
6.4
4.4
5.2
3.8
1.6
1.2
4.1
5.2
5.3
2.8
2.9
4.8
0.3
3.4
1.5
Mirae
10.2
20.1
2.8
7.7
4.6
3.4
5.7
9.1
1.4
3.9
5.5
6.1
0.0
5.1
0.6
3.0
2.6
Motilal
Principal Reliance SBI Sundaram TATA UTI
Oswal
16.7
9.7
8.1 10.0
11.8
11.4
15.4
20.6
0.0
1.7
0.9
1.6
6.5
12.4
0.0
0.0
0.0
15.6
12.9
0.0
0.3
1.1
0.0
0.0
0.0
14.5
5.1
6.0
7.2
4.5
10.0
6.1
2.4
1.6
2.6
5.7
7.0
0.6
0.0
5.1
0.8
2.0
1.3
15.7
5.8
12.5
3.7
4.7
4.7
5.7
0.9
1.5
4.1
5.8
8.0
0.6
1.2
6.1
0.3
0.8
2.3
18.5
4.0
6.4
2.3
3.6
9.6
7.5
1.0
0.6
1.5
9.4
7.3
0.1
0.6
8.1
1.6
0.9
1.9
9.4
2.9
10.2
6.5
8.9
9.0
3.3
2.1
1.8
0.5
9.4
4.3
0.5
1.1
3.8
0.5
4.3
1.5
17.2
2.8
7.6
6.6
2.6
6.4
5.4
4.4
2.4
1.6
6.1
6.0
0.6
2.5
5.4
0.0
1.1
4.8
18.9
1.9
6.0
3.9
2.9
8.4
6.2
1.2
0.6
1.8
6.2
6.2
0.2
0.6
10.6
0.3
1.7
1.8
10.1
1.8
6.6
8.4
2.9
0.5
0.6
0.1
17.9
1.7
0.0
1.8
3.0
0.6
0.8
1.7
Note:
Green box indicates over-ownership by +1% and orange box indicates under-ownership by -1% of a sector vis-a-vis BSE200 weight.
Fund Folio: Indian Mutual Fund Tracker | June 2017
9

Nifty-50 snapshot:
MFs net buyers in 65% of the stocks
Highest net buying in May on an MoM basis was witnessed in Vedanta (+27%), Kotak Mahindra Bank (+17%) and Tech Mahindra (+17%).
Company
Vedanta
Kotak Mah. Bank
Tech Mahindra
Tata Power
Hindalco
HDFC
Sun Pharma
Dr Reddys Labs.
Bajaj Auto
Tata Steel
Zee Entertainmen
Power Grid
Yes Bank
ONGC
NTPC
Aurobindo Pharma
L&T
Axis Bank
Hero MotoCorp
Reliance Inds.
SBI
GAIL
Infosys
Tata Motors
ITC
Cipla
Bank of Baroda
HDFC Bank
TCS
M&M
ICICI Bank
Asian Paints
Eicher Motors
Value May- Value Chg Shares May- Shares Chg
17 (INR B) MoM (%)
17 (M)
MoM (%)
40.3
108.3
29.7
10.2
39.1
93.8
69.6
22.3
17.9
65.2
21.0
62.2
67.1
33.2
44.4
40.2
186.9
86.4
35.2
114.7
199.2
48.8
185.4
70.0
148.6
34.4
40.4
350.9
43.4
63.6
287.0
21.1
26.9
24.8
25.4
9.4
10.5
14.1
15.7
-12.1
9.1
10.0
22.9
5.5
7.2
-6.3
0.4
2.8
-0.2
5.2
4.7
16.6
-0.7
1.7
-0.2
8.4
5.6
14.0
-5.9
-4.0
7.0
13.0
6.7
17.3
2.8
9.0
168.7
112.1
76.1
126.1
194.7
59.7
138.6
8.9
6.3
129.2
40.8
299.1
46.9
187.8
277.4
70.0
106.1
168.1
9.4
85.6
690.9
117.8
189.8
147.0
476.5
66.6
227.2
214.5
17.0
44.9
879.3
18.3
0.9
27.4
17.1
16.9
15.0
13.3
13.3
12.4
12.4
10.7
9.4
8.0
7.2
6.7
5.8
5.6
5.5
4.5
3.8
3.4
3.4
2.2
2.1
1.9
1.8
1.7
1.6
1.2
1.1
0.9
0.6
0.1
0.1
0.0
Number of Funds
Having Exposure
>2%
<2%
18
5
15
18
15
17
5
15
2
18
14
18
1
18
20
4
16
4
14
1
17
1
16
20
9
11
3
15
1
17
5
15
12
8
18
11
9
3
17
10
10
1
14
16
19
1
1
17
1
17
16
4
20
1
18
Company
IndusInd Bank
Maruti Suzuki
HCL Tech.
UltraTech Cement
Adani Ports & SEZ
Bharti Airtel
ACC
BPCL
Bosch
Ambuja Cements
HUL
Lupin
Wipro
Coal India
Bharti Infratel
IOC
Indiabulls Hsg Fin
Value May- Value Chg Shares May- Shares Chg
MoM (%)
17 (INR B) MoM (%)
17 (M)
102.7
134.3
64.5
27.2
24.6
48.6
8.7
43.4
20.2
11.5
37.9
25.9
27.0
25.0
4.2
57.4
9.8
2.4
9.2
4.7
-3.6
0.7
1.5
-3.6
-1.3
-3.3
-6.9
8.2
-18.2
1.9
-12.0
-12.9
-20.7
-12.7
69.4
18.6
74.6
6.5
72.6
130.7
5.3
58.5
0.9
47.7
35.5
22.3
50.4
95.2
11.3
133.7
8.5
-0.1
-1.2
-1.4
-2.4
-2.7
-2.9
-4.2
-4.4
-4.7
-5.1
-5.2
-5.7
-5.9
-7.2
-15.7
-18.7
-23.5
Number of Funds
Having Exposure
>2%
<2%
10
10
12
8
2
17
20
17
2
16
16
1
17
1
16
18
19
19
1
14
16
15
2
18
17
MFs weight in Nifty (%)
OW/UW to Nifty(pp)
0.5
5.7
4.0
1.3
1.5
1.3
0.4
29.3
11.9 10.2
8.7
7.0
6.1
5.6
5.5
4.2
4.1
MFs Weight in Nifty (%)
3.0
1.5
1.4
0.7
0.6
Fund Folio: Indian Mutual Fund Tracker | June 2017
10

Top schemes and NAV change:
76% of top-25 schemes close higher
Among the top-25 schemes by AUM, the five schemes registering the highest rise are:
SBI Magnum Tax Gain Scheme (+2.8% MoM change in NAV),
ICICI Pru Focused Bluechip Equity Fund (+2.3% MoM change in NAV), HDFC Equity Fund (+1.9% MoM change in NAV), Franklin India Bluechip Fund
(+1.8% MoM change in NAV) and Reliance Tax Saver (ELSS) Fund (+1.8% MoM change in NAV).
Top schemes by AUM
Scheme Name
HDFC Equity Fund - (G)
Birla Sun Life Frontline Equity Fund (G)
ICICI Pru Value Discovery Fund (G)
HDFC Mid-Cap Opportunities Fund (G)
HDFC Top 200 Fund (G)
SBI BlueChip Fund (G)
ICICI Pru Focused Bluechip Equity Fund (G)
AXIS Long Term Equity Fund (G)
Franklin India Prima Plus - (G)
Kotak Select Focus Fund (G)
Reliance Equity Opportunities Fund (G)
Franklin India Bluechip Fund - (G)
Reliance Tax Saver (ELSS) Fund - (G)
Motilal Oswal Most Focused Multicap 35 Fund (G)
Franklin India High Growth Companies Fund (G)
ICICI Pru Dynamic Plan (G)
HDFC Tax Saver Fund (G)
Reliance Growth Fund - (G)
IDFC Premier Equity Fund (G)
DSP BR Micro-Cap Fund (G)
Franklin India Prima Fund - (G)
Franklin India Smaller Companies Fund (G)
Birla Sun Life Equity Fund (G)
SBI Magnum Tax Gain Scheme (G)
UTI-Equity Fund (G)
Total AUM (INR B)
191
174
173
166
146
139
135
132
111
110
99
87
83
68
65
65
64
63
59
58
58
57
57
56
53
Equity AUM (INR B) MoM NAV Chg (%) 12M NAV Chg (%)
191
1.9
28.1
163
1.3
21.3
161
-0.5
17.0
159
-1.4
33.3
145
1.6
26.7
126
1.7
17.9
127
2.3
22.8
128
1.6
16.7
104
1.2
17.6
99
1.8
31.0
96
0.6
21.2
79
1.8
16.8
79
1.8
29.5
67
1.4
34.7
61
1.6
25.4
48
0.8
26.9
60
1.4
32.4
60
0.1
28.1
55
-1.2
17.7
54
-0.4
34.1
53
-0.5
26.9
52
-0.1
28.5
51
1.3
31.6
55
2.8
20.0
52
1.3
14.7
Note:
Equity growth schemes considered for this comparison
Fund Folio: Indian Mutual Fund Tracker | June 2017
11

Value surprise:
Maximum MoM change in ICICI Bank, HDFC Bank, Kotak Mah Bank and ITC
In May, four of the top-10 stocks that saw maximum change in value were from Financials. ICICI Bank, HDFC Bank, Kotak Mahindra Bank, ITC and
Infosys saw maximum value change on an MoM basis.
IOCL, Sun Pharma, Lupin, Yes Bank and REC saw maximum decline in value.
Top-10 stocks by change in value
Company
ICICI Bank
HDFC Bank
Kotak Mah. Bk
ITC
Infosys
HDFC
Tata Steel
Maruti Suzuki
L&T
Vedanta
Value May-17
(INR B)
287.0
350.9
108.3
148.6
185.4
93.8
65.2
134.3
186.9
40.3
Value Chg MoM
(INR B)
42.4
22.8
21.9
18.2
14.3
12.7
12.1
11.3
9.2
8.0
Value Chg MoM
(%)
17.3
7.0
25.4
14.0
8.4
15.7
22.9
9.2
5.2
24.8
Shares May-17
(M)
879.3
214.5
112.1
476.5
189.8
59.7
129.2
18.6
106.1
168.7
Shares Chg MoM Shares Chg MoM
(M)
(%)
1.0
0.1
2.3
1.1
16.3
17.1
7.8
1.7
3.6
1.9
7.0
13.3
11.1
9.4
-0.2
-1.2
4.6
4.5
36.3
27.4
Price Chg MoM
(%)
17.2
5.9
7.0
12.0
6.3
2.2
12.5
10.6
0.7
-1.9
% AUM
4.5
5.5
1.7
2.3
2.9
1.5
1.0
2.1
2.9
0.6
Bottom-10 stocks by change in value
Company
IOCL
Sun Pharma
Lupin
Yes Bank
REC
Max Fin Services
Coal India
Bharat Electronics
Glenmark Pharma
PNB
Value May-17
(INR B)
57.4
69.6
25.9
67.1
10.8
32.6
25.0
44.2
4.3
18.1
Value Chg MoM
(INR B)
-15.0
-9.6
-5.8
-4.5
-4.5
-3.9
-3.4
-3.3
-3.0
-2.9
Value Chg MoM
(%)
-20.7
-12.1
-18.2
-6.3
-29.4
-10.7
-12.0
-7.0
-41.7
-13.9
Shares May-17
(M)
133.7
138.6
22.3
46.9
55.6
55.9
95.2
256.0
6.7
120.1
Shares Chg MoM Shares Chg MoM
(M)
(%)
-30.8
-18.7
15.3
12.4
-1.4
-5.7
2.9
6.7
-19.6
-26.0
0.2
0.4
-7.4
-7.2
-3.9
-1.5
-1.5
-18.3
-4.2
-3.3
Price Chg MoM
(%)
-1.8
-22.0
-13.2
-12.2
-4.6
-11.0
-4.9
-5.5
-28.7
-11.1
% AUM
0.9
1.1
0.4
1.1
0.2
0.5
0.4
0.7
0.1
0.3
Fund Folio: Indian Mutual Fund Tracker | June 2017
12

HDFC
ICICI Prudential
SBI
Reliance
Birla Sun Life
UTI
Franklin Templeton
DSP BlackRock
Kotak Mahindra
Axis
L&T
Sundaram
IDFC
Tata
Motilal Oswal
Mirae Asset
Canara Robeco
BNP Paribas
Principal
Invesco
Fund Folio: Indian Mutual Fund Tracker | June 2017
IN ORDER OF EQUITY AUM, CLICK ON THE FUND NAME FOR DETAILS
FUNDS
SNAPSHOT
13

HDFC:
Equity AUM INR976b
Top company holdings (%)
May-17
ICICI Bank
SBI
L&T
Infosys
HDFC Bank
Reliance Inds.
Maruti Suzuki
Tata Steel
Power Grid
BOB
4.1
4.1
3.6
2.9
2.0
2.0
1.9
Chg MoM (pp)
6.4
0.7
6.0
5.8
-0.2
-0.1
0.3
0.2
-0.2
0.3
0.3
0.1
-0.1
ICICI Prudential:
Equity AUM INR858b
Top company holdings (%)
May-17
ICICI Bank
HDFC Bank
L&T
Infosys
Sun Pharma
Axis Bank
SBI
Wipro
Cipla
Bharti Airtel
Chg MoM (pp)
5.9
-0.2
5.0
4.1
3.7
3.2
2.6
2.5
2.4
2.3
2.2
-0.3
0.2
0.1
0.2
0.2
0.1
0.0
-0.2
-0.1
Weight (%)
Chg MoM (pp)
14.8
1.1
13.2
-0.3
11.6
9.1
8.0
6.7
4.4
3.9
3.7
3.7
-0.9
0.0
0.5
-0.3
0.0
-0.4
0.4
0.0
Weight (%)
Banks Pvt
Auto
Technology
Healthcare
Consumer
Cap Goods
Utilities
NBFC
Oil & Gas
Metals
Back to
Snapshot
Top sector allocation (%)
Banks Pvt
Cap Goods
Banks PSU
Auto
Technology
Oil & Gas
Utilities
Healthcare
Metals
NBFC
Top sector allocation (%)
Chg MoM (pp)
17.0
0.5
0.2
-0.2
-0.4
-0.3
-0.1
0.1
-0.1
0.0
1.0
10.4
10.4
8.8
7.2
6.6
6.2
6.1
4.6
4.3
Top change by market value
Company
ICICI Bank
Maruti Suzuki
Infosys
HDFC Bank
Kotak M Bank
Tata Steel
Delta Corp
HDFC
Power Grid
Capital First
Mkt Value Shares Chg
Chg (INR b)
('000)
9.06
-308
4.09
213
4.06
1,809
3.33
746
3.17
3,241
3.07
2,110
2.76
17,742
2.40
1,383
1.77
8,552
1.51
2,176
Top change in weight (%)
Company
ICICI Bank
Maruti Suzuki
Kotak M Bank
Delta Corp
Infosys
Tata Steel
HDFC
HDFC Bank
Capital First
Voltas
Chg MoM Current
(pp)
Weight
0.73
6.38
0.33
2.90
0.32
0.38
0.28
0.28
0.28
4.13
0.25
1.98
0.21
1.33
0.20
4.07
0.15
0.15
0.12
0.81
Top change by market value
Company
Kotak M Bank
Tata Steel
Hindalco
L&T
Vedanta
Axis Bank
Sun Pharma
Tata Motors-DVR
IDFC
Asian Paints
Mkt Value Shares Chg
Chg (INR b)
('000)
7.41
7,544
3.34
3,643
2.84
13,783
2.65
1,389
2.46
10,307
2.33
4,191
2.20
15,228
2.15
7,094
1.78
33,767
1.72
1,475
Top change in weight (%)
Company
Kotak M Bank
Tata Steel
Vedanta
Hindalco
Tata Motors-DVR
Asian Paints
Idea Cellular
Axis Bank
IDFC
L&T
Chg MoM Current
(pp)
Weight
0.86
1.07
0.34
1.81
0.29
0.29
0.29
1.58
0.23
0.68
0.20
0.31
0.19
0.43
0.19
2.63
0.19
0.80
0.17
4.06
Top scheme by NAV change
Scheme Name
HDFC Index Fund-Sensex Plan
HDFC Large Cap Fund (G)
HDFC Index Fund-Nifty Plan
HDFC Long Term Advantage Fund (G)
HDFC Growth Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
1.0
1.0
4.1
13.1
12.5
4.0
2.5
2.5
3.4
14.4
14.1
2.6
11.0
10.6
2.4
Top scheme by NAV change
Scheme Name
ICICI Pru Focused Bluechip Equity Fund (G)
ICICI Pru Select Large Cap Fund (G)
ICICI Pru Dynamic Plan (G)
ICICI Pru Top 100 Fund - (G)
ICICI Pru Infrastructure Fund - (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
135.2
127.5
2.3
7.6
7.2
1.6
65.2
47.6
0.8
22.5
21.5
0.6
16.1
15.0
0.2
Fund Folio: Indian Mutual Fund Tracker | June 2017
14

SBI:
Equity AUM INR751b
Top company holdings (%)
May-17
HDFC Bank
ICICI Bank
ITC
SBI
Reliance Inds.
Infosys
HDFC
Kotak M Bank
L&T
M&M
1.6
Chg MoM (pp)
7.9
0.2
1.0
4.4
0.6
4.4
-0.1
-0.2
0.0
0.0
0.3
0.1
0.0
Reliance:
Equity AUM INR691b
Top sector allocation (%)
Weight (%)
Banks Pvt
Auto
Consumer
NBFC
Technology
Healthcare
Oil & Gas
Cap Goods
Banks PSU
Chemicals
Chg MoM (pp)
10.0
9.6
9.4
8.1
7.5
7.3
6.4
4.0
3.6
18.5
1.3
-0.1
0.4
0.2
-0.1
-0.9
-0.4
0.0
-0.1
0.1
HDFC Bank
ICICI Bank
SBI
Infosys
IOCL
ONGC
L&T
HCL Tech
ITC
Tata Steel
2.5
2.3
2.1
2.0
2.0
1.9
3.2
Back to
Snapshot
Top company holdings (%)
May-17
Chg MoM (pp)
5.5
0.8
4.5
4.5
0.6
0.1
0.5
-0.4
-0.3
0.0
0.1
0.1
0.2
Top sector allocation (%)
Weight (%)
Banks Pvt
Cap Goods
Auto
Oil & Gas
Technology
NBFC
Banks PSU
Healthcare
Consumer
Chemicals
Chg MoM (pp)
15.7
1.2
12.5
8.1
8.0
6.1
5.8
5.8
5.7
4.7
4.6
-0.4
0.4
-0.8
0.6
-0.4
-0.1
0.0
0.1
0.1
3.7
3.7
3.5
3.2
3.0
3.0
Top change by market value
Company
ICICI Bank
ITC
HDFC Bank
Kotak M Bank
Apollo Hospitals
Vedanta
L&T
Hero MotoCorp
IRB Infra
HUDCO
Mkt Value Shares Chg
Chg (INR b)
('000)
8.94
14,559
5.52
7,065
4.09
551
3.06
1,734
2.90
2,392
2.31
9,677
1.69
886
1.32
79
1.20
5,295
1.19
16,282
Top change in weight (%)
Company
ICICI Bank
ITC
Apollo Hospitals
Vedanta
Kotak M Bank
HDFC Bank
IRB Infra
HUDCO
SREI Infra
Cholaman.Inv.&Fn
Chg MoM Current
(pp)
Weight
1.03
4.43
0.56
4.38
0.39
0.39
0.31
0.32
0.28
2.99
0.19
7.86
0.16
0.17
0.16
0.16
0.14
0.14
0.13
0.59
Top change by market value
Company
HDFC Bank
ICICI Bank
Infosys
HDFC
Tata Steel
Reliance Inds.
UPL
Ashok Leyland
ITC
United Spirits
Mkt Value Shares Chg
Chg (INR b)
('000)
5.55
2,237
4.34
-841
3.32
2,168
2.23
1,365
1.69
627
1.60
1,318
1.32
857
1.11
10,412
1.09
-1,450
1.08
141
Top change in weight (%)
Company
HDFC Bank
ICICI Bank
Infosys
HDFC
Tata Steel
Reliance Inds.
UPL
Ashok Leyland
United Spirits
ACC
Chg MoM Current
(pp)
Weight
0.75
5.52
0.59
4.51
0.45
3.23
0.32
0.89
0.23
1.85
0.22
0.86
0.18
1.43
0.16
0.33
0.15
0.69
0.15
0.16
Top scheme by NAV change
Scheme Name
SBI FMCG Fund (G)
SBI Nifty Index Fund (G)
SBI Banking & Financial Services Fund (G)
SBI Magnum Tax Gain Scheme (G)
SBI Equity Opportunities Fund - Sr.I (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
3.2
3.1
3.5
2.2
2.1
3.4
4.0
3.9
3.1
56.3
55.0
2.8
5.5
5.3
2.0
Top scheme by NAV change
Scheme Name
Reliance Capital Builder Fund II - Sr.B (G)
Reliance Focused Large Cap Fund (G)
Reliance Top 200 Fund (G)
Reliance Tax Saver (ELSS) Fund - (G)
Reliance Banking Fund - (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
11.9
9.6
2.9
11.7
11.1
2.3
31.7
29.9
2.2
83.0
79.4
1.8
27.6
26.1
1.8
Fund Folio: Indian Mutual Fund Tracker | June 2017
15

Birla Sun Life:
Equity AUM INR549b
Top company holdings (%)
May-17
ICICI Bank
HDFC Bank
Maruti Suzuki
ITC
Kotak M Bank
Yes Bank
Infosys
IndusInd Bank
Vedanta
Reliance Inds.
3.0
2.4
2.4
2.4
2.2
2.2
1.9
1.8
Chg MoM (pp)
4.4
4.0
1.2
0.1
0.2
0.2
0.3
-0.2
0.1
0.0
-0.1
0.0
Banks Pvt
NBFC
Auto
Consumer
Cap Goods
Healthcare
Oil & Gas
Technology
Metals
Cement
7.2
6.7
6.3
5.3
4.6
4.5
UTI:
Equity AUM INR464b
Top company holdings (%)
May-17
HDFC Bank
Infosys
ICICI Bank
ITC
Maruti Suzuki
IndusInd Bank
TCS
Axis Bank
Sun Pharma
HDFC
Chg MoM (pp)
6.3
4.3
4.1
3.4
3.2
2.8
2.3
1.8
1.7
1.7
0.4
0.4
0.5
0.3
0.3
0.0
0.4
0.0
-0.3
0.0
Banks Pvt
Auto
Technology
Consumer
Healthcare
Oil & Gas
NBFC
Cap Goods
Cement
Chemicals
Chg MoM (pp)
17.0
1.3
0.2
11.0
10.8
10.0
0.3
1.2
-0.2
-1.2
-1.3
0.3
-0.2
0.0
Weight (%)
Back to
Snapshot
Top sector allocation (%)
Weight (%)
Top sector allocation (%)
Chg MoM (pp)
18.9
0.7
0.4
15.5
1.2
10.6
0.2
8.4
-0.7
6.2
-0.5
6.2
-0.7
6.2
-0.3
6.0
-0.4
3.9
0.1
2.7
Top change by market value
Company
ICICI Bank
Dabur India
IDFC
Tech Mahindra
IRB InvIT Fund
Kotak M Bank
HDFC
Maruti Suzuki
ITC
HDFC Bank
Mkt Value Shares Chg
Chg (INR b)
('000)
7.05
12,663
4.35
15,551
2.73
48,030
2.17
6,163
2.09
21,310
2.05
1,313
1.55
911
1.45
-20
1.35
-365
1.25
37
Top change in weight (%)
Chg MoM Current
(pp)
Weight
ICICI Bank
1.17
4.37
Dabur India
0.79
0.81
IDFC
0.48
0.93
IRB InvIT Fund
0.38
0.38
Tech Mahindra
0.37
1.06
Kotak M Bank
0.30
2.39
HDFC
0.25
1.34
Sintex Plastics Tech.
0.18
0.18
Dishman Carbogen
0.17
0.17
ITC
0.17
2.45
Company
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
1.6
1.2
3.4
1.1
1.1
2.7
31.1
31.0
1.9
1.6
1.6
1.8
35.5
34.4
1.4
Top change by market value
Company
ICICI Bank
HDFC Bank
TCS
Infosys
Maruti Suzuki
ITC
Vedanta
Tata Motors
MphasiS
M&M
Mkt Value Shares Chg
Chg (INR b)
('000)
2.62
-680
1.99
245
1.97
366
1.90
773
1.52
13
1.40
-1,037
0.72
3,160
0.70
992
0.61
143
0.60
152
Top change in weight (%)
Company
ICICI Bank
TCS
Infosys
HDFC Bank
Maruti Suzuki
ITC
Vedanta
Tata Motors
MphasiS
M&M
Chg MoM Current
(pp)
Weight
0.52
4.11
0.40
2.29
0.36
4.32
0.36
6.31
0.29
3.23
0.26
3.36
0.15
0.50
0.13
1.43
0.12
0.91
0.11
1.50
Top scheme by NAV change
Scheme Name
Birla Sun Life Index Fund (G)
Birla Sun Life Focused Equity Fund - Sr.5 (G)
Birla Sun Life MNC Fund - (G)
Birla Sun Life Special Situations Fund (G)
Birla Sun Life Advantage Fund (G)
Top scheme by NAV change
Scheme Name
UTI-Banking Sector Fund (G)
UTI-Nifty Index Fund (G)
UTI-Transportation & Logistics Fund (G)
UTI-Mastershare (G)
UTI-Master Equity Plan Unit Scheme
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
6.0
5.6
4.3
5.5
5.4
3.4
11.3
10.5
3.4
42.4
41.9
2.3
18.5
18.4
2.2
Fund Folio: Indian Mutual Fund Tracker | June 2017
16

Franklin:
Equity AUM INR449b
Top company holdings (%)
May-17
HDFC Bank
ICICI Bank
Axis Bank
SBI
Yes Bank
Bharti Airtel
Infosys
M&M
Tata Motors-DVR
IndusInd Bank
Chg MoM (pp)
8.1
0.2
4.4
3.9
3.3
3.1
3.0
2.4
2.3
2.2
2.2
0.4
0.2
-0.1
-0.2
-0.1
0.1
0.1
0.1
-0.2
DSP
BlackRock:
Equity AUM INR295b
Top company holdings (%)
May-17
HDFC Bank
SBI
ITC
ICICI Bank
L&T
Maruti Suzuki
IndusInd Bank
Yes Bank
Federal Bank
GAIL
2.4
2.4
2.2
1.9
1.9
24.6
0.4
0.2
-0.1
0.0
0.6
0.1
-0.6
-0.2
-0.4
-0.1
Chg MoM (pp)
4.5
0.2
3.7
0.1
3.4
3.2
2.8
0.6
0.5
0.3
0.1
0.0
-0.3
0.0
0.0
Weight (%)
Chg MoM (pp)
14.1
6.9
6.4
6.1
5.0
4.9
4.3
3.9
3.7
Weight (%)
Banks Pvt
Cap Goods
Auto
Oil & Gas
Chemicals
Consumer
Metals
Banks PSU
NBFC
Textiles
Back to
Snapshot
Top sector allocation (%)
Banks Pvt
Auto
Healthcare
Technology
Consumer
Cap Goods
Oil & Gas
Cement
Banks PSU
Telecom
Top sector allocation (%)
Chg MoM (pp)
15.9
0.9
10.1
8.3
8.0
7.6
5.9
5.4
5.4
4.9
4.6
0.5
0.7
-0.4
-0.5
0.5
0.6
-0.4
0.6
-0.2
Top change by market value
Company
Dabur India
ICICI Bank
HDFC Bank
Axis Bank
Hindalco
Voltas
Tata Motors-DVR
Dr Reddys Lab
M&M
Shankara Building
Mkt Value Shares Chg
Chg (INR b)
('000)
3.50
12,500
2.14
-2,601
1.64
-225
1.43
2,520
1.13
5,592
1.02
450
0.72
1,605
0.70
353
0.69
69
0.64
893
Top change in weight (%)
Company
Dabur India
ICICI Bank
Hindalco
Axis Bank
Voltas
HDFC Bank
Shankara Building
Dr Reddys Lab
Hero MotoCorp
Tata Motors-DVR
Chg MoM Current
(pp)
Weight
0.78
0.78
0.39
4.35
0.25
0.46
0.23
3.90
0.20
1.20
0.18
8.06
0.14
0.20
0.12
1.64
0.11
1.24
0.11
2.23
Top change by market value
Company
Tata Steel
ITC
ICICI Bank
Kotak M Bank
L&T
HDFC Bank
HDFC
Voltas
Apollo Tyres
SBI
Mkt Value Shares Chg
Chg (INR b)
('000)
2.15
3,663
2.01
3,357
1.94
1,956
1.76
1,684
1.14
623
1.10
241
0.86
547
0.79
1,620
0.75
3,298
0.71
2,653
Top change in weight (%)
Chg MoM Current
(pp)
Weight
Tata Steel
0.69
1.56
Kotak M Bank
0.57
1.22
ITC
0.56
3.37
ICICI Bank
0.54
3.21
HDFC
0.29
0.33
L&T
0.28
2.77
Voltas
0.27
0.27
Apollo Tyres
0.26
0.26
Sintex Plastics Tech
0.20
0.20
Edelweiss Fin.
0.20
0.63
Company
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
35.4
35.2
1.9
25.9
25.7
1.4
24.0
23.7
0.8
9.7
9.1
0.8
27.3
26.6
0.7
Top scheme by NAV change
Scheme Name
Franklin India Index Fund-NSE Nifty Plan(G)
Franklin India Bluechip Fund - (G)
Franklin Build India Fund (G)
Franklin India High Growth Companies Fund (G)
Franklin India Flexi Cap Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
2.5
2.5
3.3
86.6
78.5
1.8
9.6
8.9
1.7
65.3
60.6
1.6
29.5
26.8
1.5
Top scheme by NAV change
Scheme Name
DSP BR Top 100 Equity Fund (G)
DSP BR Focus 25 Fund (G)
DSP BR Equity Fund (G)
DSP BR 3 Years Close Ended Equity Fund (G)
DSP BR Tax Saver Fund (G)
Fund Folio: Indian Mutual Fund Tracker | June 2017
17

Kotak Mahindra
:
Equity AUM INR271b
Top company holdings (%)
May-17
HDFC Bank
ICICI Bank
SBI
IndusInd Bank
ITC
Reliance Inds.
Axis Bank
Hero MotoCorp
Infosys
Maruti Suzuki
3.3
3.1
2.7
2.5
2.4
2.2
2.2
Chg MoM (pp)
7.7
0.3
0.4
4.7
3.8
0.4
0.0
0.6
-0.3
-0.1
0.2
0.3
0.1
Axis:
Equity AUM INR200b
Top company holdings (%)
May-17
Kotak M Bank
HDFC Bank
HDFC
Maruti Suzuki
Motherson
L&T
Bajaj Finance
Pidilite Inds.
Cummins
Bosch
Chg MoM (pp)
0.7
7.7
7.4
5.6
5.1
4.8
4.7
4.1
3.5
3.1
2.9
0.3
0.0
0.4
0.5
0.4
0.1
0.5
-0.1
-0.2
Chg MoM (pp)
23.3
0.6
0.4
-0.6
-0.1
0.3
-0.3
-0.1
0.2
0.4
0.2
Weight (%)
Auto
NBFC
Banks Pvt
Cap Goods
Consumer
Chemicals
Technology
Healthcare
Cement
Retail
Back to
Snapshot
Top sector allocation (%)
Weight (%)
Banks Pvt
Auto
Oil & Gas
NBFC
Consumer
Cement
Cap Goods
Healthcare
Banks PSU
Technology
9.7
7.8
6.3
6.2
6.1
5.3
5.2
3.8
Top sector allocation (%)
Chg MoM (pp)
19.8
0.8
17.9
-0.2
17.4
1.5
0.4
-0.2
0.4
0.3
-1.6
-0.2
0.4
10.3
10.1
8.4
6.6
3.0
2.9
1.8
1.8
Top change by market value
Company
HDFC
ITC
HDFC Bank
ICICI Bank
SBI
Infosys
Glenmark Pharma
Hero MotoCorp
Vedanta
M&M
Mkt Value Shares Chg
Chg (INR b)
('000)
2.34
1,465
1.80
3,224
1.72
380
1.70
-367
1.49
5,331
1.08
803
0.69
1,111
0.68
-5
0.65
2,710
0.56
285
Top change in weight (%)
Company
HDFC
ITC
ICICI Bank
SBI
Infosys
HDFC Bank
Glenmark Pharma
Vedanta
Bajaj Auto
DLF
Chg MoM Current
(pp)
Weight
0.83
1.59
0.55
3.11
0.44
4.65
0.40
3.79
0.31
2.22
0.31
7.74
0.25
0.30
0.23
0.35
0.16
0.21
0.16
0.18
Top change by market value
Company
Kotak M Bank
Motherson Sumi
Pidilite Inds.
L&T
Maruti Suzuki
HDFC Bank
Avenue Supermarts
ICICI Bank
Eicher Motors
Cadila Healthcare
Mkt Value Shares Chg
Chg (INR b)
('000)
1.83
888
1.18
311
1.12
909
1.09
590
1.06
13
0.96
96
0.93
1,214
0.83
2,195
0.80
20
0.62
1,076
Top change in weight (%)
Company
Kotak M Bank
Motherson Sumi
Pidilite Inds.
L&T
Avenue Supermarts
Maruti Suzuki
ICICI Bank
Eicher Motors
HDFC Bank
Cadila Healthcare
Chg MoM Current
(pp)
Weight
0.73
7.75
0.48
4.83
0.48
3.52
0.43
4.67
0.43
1.75
0.41
5.13
0.40
0.73
0.37
1.63
0.29
7.41
0.28
1.40
Top scheme by NAV change
Scheme Name
Kotak 50 (G)
Kotak Select Focus Fund (G)
Kotak Opportunities (G)
Kotak Tax Saver (G)
Kotak Midcap (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
13.7
13.2
2.2
110.4
99.1
1.8
15.7
14.7
1.4
6.5
6.4
0.7
6.8
6.4
-0.5
Top scheme by NAV change
Scheme Name
AXIS Equity Fund (G)
AXIS Long Term Equity Fund (G)
AXIS Focused 25 Fund (G)
AXIS Emerging Opportunities Fund - Sr.1 (G)
AXIS Midcap Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
18.1
17.0
2.4
132.2
127.6
1.6
13.8
12.7
1.3
5.3
5.0
0.5
11.8
11.1
-1.3
Fund Folio: Indian Mutual Fund Tracker | June 2017
18

L&T:
Equity AUM INR170b
Top company holdings (%)
May-17
ICICI Bank
ITC
L&T
SBI
HDFC Bank
Ramco Cem.
Infosys
Kotak M Bank
IndusInd Bank
Federal Bank
Chg MoM (pp)
0.4
4.0
3.8
3.3
2.8
2.3
2.0
2.0
1.9
1.8
1.7
1.0
0.4
-0.2
-0.1
0.1
0.2
0.1
0.0
-0.1
Sundaram:
Equity AUM INR134b
Top company holdings (%)
May-17
Ramco Cem.
HDFC Bank
UPL
Bajaj Finserv
IGL
ITC
Fag Bearings
DCB Bank
Sundaram Clayton
Federal Bank
Chg MoM (pp)
2.2
2.0
1.9
1.7
1.7
1.6
1.5
1.4
1.4
1.4
0.0
0.0
0.1
-0.3
0.0
0.1
-0.1
0.0
-0.1
0.0
Auto
Cap Goods
Banks Pvt
NBFC
Consumer
Chemicals
Cement
Oil & Gas
Textiles
Technology
13.1
0.2
12.0
0.6
0.6
0.2
-0.5
-0.6
0.8
0.9
0.6
0.0
Weight (%)
Chg MoM (pp)
Weight (%)
Back to
Snapshot
Top sector allocation (%)
Banks Pvt
Cap Goods
Auto
Cement
Banks PSU
Oil & Gas
NBFC
Consumer
Technology
Chemicals
Top sector allocation (%)
Chg MoM (pp)
11.8
10.2
9.4
9.4
9.0
8.9
6.5
4.3
4.3
3.8
-0.1
0.1
0.0
0.2
1.2
0.2
0.0
-0.6
-0.2
0.4
6.7
6.4
5.6
5.3
5.2
5.2
4.8
4.2
Top change by market value
Company
Dishman Carbogen
ITC
HDFC
ICICI Bank
L&T
Reliance Inds.
TCS
Infosys
Maruti Suzuki
ICICI Pru. Life
Mkt Value Shares Chg
Chg (INR b)
('000)
2.23
7,390
1.86
4,148
1.53
967
0.94
-185
0.87
475
0.58
485
0.45
87
0.45
268
0.42
26
0.39
948
Top change in weight (%)
Company
Dishman Carbogen
ITC
HDFC
ICICI Bank
L&T
Reliance Inds.
TCS
Godrej Inds
Maruti Suzuki
Infosys
Chg MoM Current
(pp)
Weight
1.31
1.31
0.98
3.83
0.88
1.32
0.41
3.97
0.39
3.30
0.29
1.46
0.22
1.37
0.22
0.50
0.19
1.58
0.19
1.97
Top change by market value
Company
HUDCO
Voltas
United Spirits
Hero MotoCorp
L&T Tech Services
HUL
ICICI Bank
ITC
Exide Inds.
Dr Reddys Lab
Mkt Value Shares Chg
Chg (INR b)
('000)
1.00
13,652
0.73
1,507
0.48
210
0.46
107
0.31
436
0.29
185
0.27
69
0.23
-2
0.22
930
0.20
79
Top change in weight (%)
Company
HUDCO
Voltas
United Spirits
Hero MotoCorp
L&T Tech Services
HUL
ICICI Bank
Exide Inds.
Dr Reddys Lab
ITC
Chg MoM Current
(pp)
Weight
0.74
0.74
0.55
0.55
0.35
0.36
0.34
0.69
0.23
0.40
0.21
0.71
0.19
1.29
0.15
0.98
0.15
0.15
0.15
1.55
Top scheme by NAV change
Scheme Name
L&T Emerging Businesses Fund (G)
L&T India Special Situations Fund (G)
L&T Equity Fund (G)
L&T Tax Advantage Fund (G)
L&T Midcap Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
10.5
9.1
3.6
9.6
8.9
2.4
29.1
27.9
2.1
22.6
21.0
1.5
9.5
8.2
1.4
Top scheme by NAV change
Scheme Name
Sundaram Select Focus - (G)
Sundaram Fin Serv Opportunities (G)
Sundaram Rural India Fund (G)
Sundaram Equity Multiplier Fund (G)
Sundaram Diversified Equity (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
4.7
4.5
3.3
1.6
1.5
2.5
12.0
10.7
1.6
2.8
2.7
0.8
17.0
16.4
0.8
Fund Folio: Indian Mutual Fund Tracker | June 2017
19

IDFC:
Equity AUM INR122b
Top company holdings (%)
May-17
HDFC Bank
Sun Pharma
Voltas
Maruti Suzuki
ITC
JM Financial
Ambuja Cements
Va Tech Wabag
Asian Paints
Concor
Chg MoM (pp)
2.8
0.2
2.7
2.1
2.0
1.8
1.8
1.7
1.7
1.6
1.6
1.5
0.1
-0.2
0.3
0.1
0.0
0.0
-0.2
-0.1
Tata:
Equity AUM INR117b
Top company holdings (%)
May-17
HDFC Bank
ICICI Bank
ITC
Yes Bank
Power Grid
Tata Motors
HCL Tech
L&T
Maruti
Shree Cement
2.2
2.2
2.2
2.0
1.9
10.8
-0.5
10.0
-0.5
9.4
9.4
7.2
6.9
5.5
4.9
4.6
4.3
-1.6
1.1
0.0
2.0
-0.6
1.1
-0.7
0.2
Chg MoM (pp)
5.1
0.3
0.5
4.4
3.7
3.6
3.4
0.7
-0.4
0.0
0.1
0.2
0.0
0.2
-0.2
Weight (%)
Chg MoM (pp)
Weight (%)
Banks Pvt
Auto
Cap Goods
Cement
Consumer
NBFC
Oil & Gas
Healthcare
Technology
Utilities
Auto
NBFC
Back to
Snapshot
Top sector allocation (%)
Cap Goods
Top sector allocation (%)
Chg MoM (pp)
17.2
0.4
0.4
11.4
-0.2
7.6
-0.2
6.6
0.7
6.4
0.3
6.1
-0.4
6.0
-1.5
5.4
0.3
5.4
-0.1
4.8
Banks Pvt
Consumer
Healthcare
Oil & Gas
Metals
Chemicals
Cement
Top change by market value
Company
Sun Pharma
JSW Steel
Yes Bank
Tata Motors-DVR
Infosys
Fortis Healthcare
Dishman Carbogen
ITC
Zee Ent.
Minda Inds.
Mkt Value Shares Chg
Chg (INR b)
('000)
1.77
4,173
0.76
3,957
0.64
449
0.58
1,966
0.53
492
0.38
1,925
0.35
1,218
0.34
373
0.31
629
0.30
28
Top change in weight (%)
Company
Sun Pharma
JSW Steel
Yes Bank
Tata Motors-DVR
Infosys
Fortis Healthcare
Dishman Carbogen
ITC
Zee Ent.
Minda Inds.
Chg MoM Current
(pp)
Weight
1.45
2.66
0.62
0.99
0.52
0.57
0.47
0.76
0.44
1.10
0.31
0.31
0.29
0.29
0.28
1.77
0.26
0.63
0.25
1.02
Top change by market value
Mkt Value Shares Chg
Chg (INR b)
('000)
Dishman Carbogen
0.78
2,603
ITC
0.78
1,155
ICICI Bank
0.54
-786
Tata Steel
0.44
835
ONGC
0.39
2,220
HDFC Bank
0.30
-24
Brigade Ent.
0.28
1,099
Chambal Fertilisers
0.28
2,268
Dr Lal Pathlabs
0.21
233
HCL Tech
0.20
59
Company
Top change in weight (%)
Chg MoM Current
(pp)
Weight
Dishman Carbogen
0.67
0.67
ITC
0.67
3.65
ICICI Bank
0.46
4.44
Tata Steel
0.38
0.54
ONGC
0.34
0.36
HDFC Bank
0.26
5.13
Brigade Ent.
0.24
0.32
Chambal Fertilisers
0.24
0.24
Dr Lal Pathlabs
0.18
0.18
HCL Tech
0.17
2.18
Company
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
7.9
7.7
1.4
12.5
12.2
0.7
1.3
1.2
0.4
6.8
6.5
0.3
3.3
3.0
0.1
Top scheme by NAV change
Scheme Name
IDFC Focused Equity Fund (G)
IDFC Tax Advantage (ELSS) Fund (G)
ICICI Pru Banking & Financial Services (G)
IDFC Classic Equity Fund (G)
IDFC Sterling Equity Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
1.3
1.2
3.6
6.1
5.9
3.1
19.9
16.2
2.7
10.9
8.9
1.6
14.2
13.9
1.1
Top scheme by NAV change
Scheme Name
Tata Large Cap Fund - Regular (G)
Tata Equity Opportunities Fund - Regular (G)
Tata India Consumer Fund (G)
Tata India Tax Savings Fund (G)
Tata Dividend Yield Fund (G)
Fund Folio: Indian Mutual Fund Tracker | June 2017
20

Motilal Oswal:
Equity AUM INR95b
Top company holdings (%)
May-17
HDFC Bank
Maruti Suzuki
IndusInd Bank
Eicher Motors
BPCL
Max Fin.
RBL Bank
PNB Hsg Fin.
HDFC
Jubilant Life
Chg MoM (pp)
8.6
0.6
0.7
7.6
-0.4
0.2
0.4
-0.8
-1.4
0.3
0.5
-0.3
Banks Pvt
Auto
NBFC
Oil & Gas
Healthcare
Consumer
Cap Goods
Chemicals
Technology
Cement
1.7
1.6
1.1
0.9
6.5
Mirae Asset:
Equity AUM INR84b
Top company holdings (%)
May-17
ICICI Bank
HDFC Bank
IndusInd Bank
Kotak M Bank
Grasim
CEAT
Tata Steel
Federal Bank
L&T
Voltas
2.7
2.6
2.5
2.4
2.2
Chg MoM (pp)
5.4
0.8
0.0
4.3
3.7
3.6
3.3
-0.1
0.0
0.1
0.1
0.2
-0.1
0.1
0.3
Chg MoM (pp)
20.6
-1.1
16.7
0.9
15.6
12.9
12.4
1.0
2.3
-2.0
0.4
0.2
-0.1
-0.1
0.0
Weight (%)
Banks Pvt
Auto
Healthcare
Cap Goods
Oil & Gas
Consumer
NBFC
Technology
Cement
Metals
Back to
Snapshot
Top sector allocation (%)
Weight (%)
Top sector allocation (%)
Chg MoM (pp)
20.1
0.6
-0.6
-0.5
0.5
-0.3
-0.2
0.3
0.5
0.2
0.8
5.5
5.4
5.3
5.3
5.3
5.1
5.0
4.6
10.2
9.1
7.7
6.1
5.7
5.5
5.1
4.6
3.9
Top change by market value
Company
Petronet LNG
Maruti Suzuki
HDFC Bank
HDFC
BPCL
PNB Hsg Fin.
United Spirits
Eicher Motors
HPCL
Bajaj Finance
Mkt Value Shares Chg
Chg (INR b)
('000)
1.68
3,711
0.82
20
0.74
188
0.61
335
0.49
454
0.43
287
0.37
0
0.32
-4
0.30
337
0.29
99
Top change in weight (%)
Company
Petronet LNG
Maruti Suzuki
HDFC Bank
HDFC
BPCL
United Spirits
PNB Hsg Fin.
HPCL
Eicher Motors
Bajaj Finance
Chg MoM Current
(pp)
Weight
1.74
3.00
0.71
7.65
0.60
8.63
0.54
5.00
0.40
5.30
0.35
2.29
0.34
5.13
0.23
3.91
0.23
5.38
0.21
4.44
Top change by market value
Company
ICICI Bank
HPCL
Vedanta
Bharat Financial
Voltas
Tata Steel
Equitas Holdings
Motilal Oswal
Havells India
SBI
Mkt Value Shares Chg
Chg (INR b)
('000)
0.88
766
0.65
1,107
0.51
2,174
0.48
651
0.38
235
0.32
180
0.30
2,112
0.29
0
0.29
569
0.27
980
Top change in weight (%)
Company
ICICI Bank
HPCL
Bharat Financial
Vedanta
Voltas
Equitas Holdings
Kaveri Seed
Motilal Oswal
Tata Steel
Havells India
Chg MoM Current
(pp)
Weight
0.78
5.39
0.70
1.91
0.57
0.57
0.56
1.34
0.35
2.18
0.33
0.90
0.31
0.32
0.25
1.91
0.25
2.59
0.24
2.03
Top scheme by NAV change
Scheme Name
Motilal
Motilal
Motilal
Motilal
Oswal
Oswal
Oswal
Oswal
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
Most Focused Long Term Fund (G)
4.9
4.8
2.5
Most Focused Multicap 35 Fund (G)
67.9
66.7
1.4
MoSt Focused 25 Fund (G)
5.7
5.6
0.4
Most Focused Midcap 30 Fund (G)
13.4
13.3
-3.2
Top scheme by NAV change
Scheme Name
Mirae Asset India Opportunities Fund (G)
Mirae Asset Tax Saver Fund (G)
Mirae Asset Emerging Bluechip Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
38.5
37.6
3.3
4.1
4.0
3.1
39.0
38.0
1.6
Motilal Oswal Securities Limited is the Sponsor of Motilal Oswal Mutual Fund. The Sponsor is not responsible or liable for any loss or shortfall resulting from the operation of the Mutual Fund beyond the initial
contribution made by it of an amount of Rs. 1 Lac towards setting up of the Mutual Fund. Mutual fund investments are subject to market risks, read all scheme related documents carefully.
Fund Folio: Indian Mutual Fund Tracker | June 2017
21

Canara Robeco:
Equity AUM INR50b
Top company holdings (%)
May-17
HDFC Bank
SBI
Concor
IOCL
HDFC
ICICI Bank
IndusInd Bank
Infosys
Kotak M Bank
Minda Inds.
2.5
2.4
2.4
2.4
2.3
2.1
2.1
1.9
1.9
Chg MoM (pp)
4.3
0.4
0.2
0.4
-0.2
0.6
0.5
-0.1
0.2
0.1
0.4
BNP Paribas:
Equity AUM INR32b
Top company holdings (%)
May-17
HDFC Bank
ICICI Bank
IndusInd Bank
Federal Bank
Maruti Suzuki
Bharat Elect.
Interglobe Avi.
Repco Home
ITC
Power Grd
3.2
3.0
2.6
2.6
2.5
2.4
Chg MoM (pp)
5.9
5.8
4.8
4.4
0.1
1.2
0.0
-0.3
0.5
-0.2
0.0
0.1
0.4
0.5
Banks Pvt
NBFC
Consumer
Cap Goods
Oil & Gas
Chemicals
Metals
Auto
Media
Cement
Chg MoM (pp)
13.2
0.4
12.0
-0.9
9.6
9.5
-0.7
0.3
0.1
0.1
0.9
0.3
0.1
-0.7
Weight (%)
9.9
7.6
7.3
5.1
4.5
4.5
4.3
3.9
3.8
Back to
Snapshot
Top sector allocation (%)
Weight (%)
Auto
Banks Pvt
Cap Goods
Consumer
Chemicals
NBFC
Oil & Gas
Healthcare
Cement
Banks PSU
4.2
4.1
3.3
Top sector allocation (%)
Chg MoM (pp)
24.7
1.4
-0.5
0.8
-0.6
0.4
-0.4
0.0
0.7
0.1
0.0
8.4
8.4
7.4
Top change by market value
Company
Power Grid
Reliance Inds.
HUL
HDFC
Bajaj Finserv
Hero Moto
ICICI Bank
Concor
HDFC Bank
Minda Inds.
Mkt Value Shares Chg
Chg (INR b)
('000)
0.47
2,275
0.39
303
0.35
279
0.32
189
0.31
83
0.28
66
0.25
285
0.22
231
0.22
64
0.21
-27
Top change in weight (%)
Company
Power Grid
Reliance Inds.
HUL
HDFC
Bajaj Finserv
Hero Moto
ICICI Bank
Concor
Minda Inds.
HDFC Bank
Chg MoM Current
(pp)
Weight
0.95
1.21
0.78
1.61
0.69
1.39
0.63
2.38
0.61
1.60
0.55
1.01
0.49
2.27
0.44
2.43
0.42
1.92
0.42
4.28
Top change by market value
Company
ICICI Bank
Maruti Suzuki
Power Grid
GMDC
HUL
ITC
Shankara Building
Yes Bank
Infosys
Kotak M Bank
Mkt Value Shares Chg
Chg (INR b)
('000)
0.38
393
0.16
10
0.15
738
0.13
1,012
0.13
117
0.12
125
0.11
158
0.10
85
0.10
69
0.07
43
Top change in weight (%)
Company
ICICI Bank
Maruti Suzuki
Power Grid
GMDC
HUL
ITC
Shankara Building
Yes Bank
Infosys
Kotak M Bank
Chg MoM Current
(pp)
Weight
1.18
5.77
0.50
3.22
0.48
2.40
0.42
0.42
0.40
0.43
0.37
2.47
0.36
1.29
0.32
0.81
0.31
1.96
0.20
1.31
Top scheme by NAV change
Scheme Name
Canara Robeco Equity - Tax Saver (G)
Canara Robeco Equity Diversified (G)
Canara Robeco Large Cap+ Fund (G)
Canara Robeco F.O.R.C.E. Fund (G)
Canara Robeco Emerging Equities (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
8.6
8.4
1.8
7.9
7.7
1.6
1.2
1.2
1.6
1.4
1.4
1.1
19.0
18.6
-0.4
Top scheme by NAV change
Scheme Name
BNP Paribas
BNP Paribas
BNP Paribas
BNP Paribas
Equity Fund (G)
Long Term Equity Fund (G)
Dividend Yield Fund (G)
Mid Cap Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
11.1
10.8
2.4
5.6
5.3
1.6
3.3
3.2
-1.1
7.9
7.5
-1.7
Fund Folio: Indian Mutual Fund Tracker | June 2017
22

Principal:
Equity AUM INR28b
Top company holdings (%)
May-17
ICICI Bank
HDFC Bank
SBI
ITC
Infosys
Britannia
Reliance Inds.
India Cements
L&T
Kotak M Bank
Chg MoM (pp)
3.8
3.5
3.0
2.8
2.6
2.3
2.2
2.1
2.0
2.0
0.5
-0.1
-0.1
0.2
0.1
-0.1
-0.2
-0.2
-0.1
0.1
Banks Pvt
Consumer
Auto
Cement
Oil & Gas
Healthcare
Cap Goods
NBFC
Banks PSU
Technology
Invesco:
Equity AUM INR26b
Top company holdings (%)
May-17
HDFC Bank
Maruti Suzuki
IndusInd Bank
Kotak M Bank
ICICI Bank
Infosys
Power Grid
Tata Motors
Reliance Inds.
Coromandel Intl
3.3
3.3
3.1
3.0
2.3
2.3
2.2
2.1
Chg MoM (pp)
6.1
0.4
4.7
0.4
-0.1
0.2
1.4
1.0
0.0
0.3
0.4
0.5
Banks Pvt
Auto
Oil & Gas
Cap Goods
NBFC
Technology
Healthcare
Consumer
Chemicals
Utilities
Weight (%)
Chg MoM (pp)
Weight (%)
14.5
0.1
0.2
10.0
0.5
9.7
-0.3
7.2
-0.3
7.0
-0.2
6.1
0.1
6.0
5.7
5.1
5.1
0.6
-0.6
-0.3
Back to
Snapshot
Top sector allocation (%)
Top sector allocation (%)
Chg MoM (pp)
20.5
1.9
13.8
0.8
-0.1
9.0
0.3
8.1
-1.2
7.3
0.6
6.8
-0.8
3.7
-0.4
3.7
0.7
3.5
-0.8
3.1
Top change by market value
Company
Aurobindo
Delta Corp
ICICI Bank
JSPL
MRF
HUDCO
Dalmia Bharat
S H Kelkar
Dishman Carbogen
ITC
Mkt Value Shares Chg
Chg (INR b)
('000)
0.22
400
0.19
1,235
0.17
47
0.12
974
0.12
2
0.11
1,567
0.11
44
0.09
324
0.09
354
0.09
19
Top change in weight (%)
Company
Aurobindo
Delta Corp
ICICI Bank
JSPL
HUDCO
MRF
Dalmia Bharat
S H Kelkar
Dishman Carbogen
Muthoot Finance
Chg MoM Current
(pp)
Weight
0.73
1.75
0.69
0.69
0.48
3.82
0.43
0.43
0.41
0.41
0.41
0.72
0.39
0.54
0.33
0.33
0.33
0.33
0.26
0.26
Top change by market value
Company
ICICI Bank
Infosys
Axis Bank
Yes Bank
Coromandel Intl
HDFC Bank
Maruti Suzuk
Reliance Inds.
J K Cements
Fortis Healthcare
Mkt Value Shares Chg
Chg (INR b)
('000)
0.37
902
0.26
235
0.21
403
0.17
122
0.15
177
0.14
34
0.13
2
0.11
92
0.10
81
0.09
470
Top change in weight (%)
Company
ICICI Bank
Infosys
Axis Bank
Yes Bank
Coromandel Intl
HDFC Bank
Maruti Suzuki
J K Cements
Reliance Inds.
Fortis Healthcare
Chg MoM Current
(pp)
Weight
1.40
3.09
0.98
3.01
0.79
1.93
0.65
0.87
0.54
2.15
0.44
6.09
0.44
4.74
0.39
0.76
0.38
2.18
0.35
0.35
Top scheme by NAV change
Scheme Name
Principal
Principal
Principal
Principal
Principal
Dividend Yield Fund (G)
Large Cap Fund (G)
Personal Tax saver Fund - (G)
Growth Fund - (G)
Tax Saving Fund
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
1.3
1.3
3.6
3.2
3.1
2.8
3.3
3.3
2.6
4.7
4.5
1.5
3.3
3.1
1.5
Top scheme by NAV change
Scheme Name
Invesco India Banking Fund (G)
Invesco India Business Leaders Fund (G)
Invesco India Growth Fund (G)
Invesco India Tax Plan (G)
Invesco India Dynamic Equity Fund (G)
Total AUM Equity AUM MoM NAV
(INR B)
(INR B)
Chg (%)
1.0
1.0
4.8
1.6
1.6
3.8
1.9
1.9
2.9
4.2
4.1
2.5
2.1
1.7
2.2
Fund Folio: Indian Mutual Fund Tracker | June 2017
23

Motilal Oswal Securities Limited
MEMBER OF BSE AND NSE
Disclosures
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Fund Folio: Indian Mutual Fund Tracker | June 2017
24

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Pending Regulatory inspections against Motilal Oswal Securities Limited:
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The views expressed in this research report accurately reflect the personal views of the analyst(s) about the subject securities or issues, and no part of the compensation of the research analyst(s) was, is, or will be directly or
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Disclosure of Interest Statement
Companies where there is interest
Analyst ownership of the stock
No
Served as an officer, director or employee
No
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25

A graph of daily closing prices of securities is available at www.nseindia.com and
http://economictimes.indiatimes.com/markets/stocks/stock-quotes
Regional Disclosures (outside India)
This report is not directed or intended for distribution to or use by any person or entity resident in a state, country or any jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or
which would subject MOSt & its group companies to registration or licensing requirements within such jurisdictions.
For Hong Kong: This report is distributed in Hong Kong by Motilal Oswal capital Markets (Hong Kong) Private Limited, a licensed corporation (CE AYY-301) licensed and regulated by the Hong Kong Securities and Futures
Commission (SFC) pursuant to the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) “SFO”. As per SEBI (Research Analyst Regulations) 2014 Motilal Oswal Securities (SEBI Reg No.
INH000000412) has an agreement with Motilal Oswal capital Markets (Hong Kong) Private Limited for distribution of research report in Kong Kong. This report is intended for distribution only to “Professional Investors” as
defined in Part I of Schedule 1 to SFO. Any investment or investment activity to which this document relates is only available to professional investor and will be engaged only with professional investors.” Nothing here is an
offer or solicitation of these securities, products and services in any jurisdiction where their offer or sale is not qualified or exempt from registration. The Indian Analyst(s) who compile this report is/are not located in Hong Kong
& are not conducting Research Analysis in Hong Kong.
For U.S
Motilal Oswal Securities Limited (MOSL) is not a registered broker - dealer under the U.S. Securities Exchange Act of 1934, as amended (the"1934 act") and under applicable state laws in the United States. In addition MOSL
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This report is intended for distribution only to "Major Institutional Investors" as defined by Rule 15a-6(b)(4) of the Exchange Act and interpretations thereof by SEC (henceforth referred to as "major institutional investors"). This
document must not be acted on or relied on by persons who are not major institutional investors. Any investment or investment activity to which this document relates is only available to major institutional investors and will be
engaged in only with major institutional investors. In reliance on the exemption from registration provided by Rule 15a-6 of the U.S. Securities Exchange Act of 1934, as amended (the "Exchange Act") and interpretations
thereof by the U.S. Securities and Exchange Commission ("SEC") in order to conduct business with Institutional Investors based in the U.S., MOSL has entered into a chaperoning agreement with a U.S. registered broker-
dealer, Motilal Oswal Securities International Private Limited. ("MOSIPL"). Any business interaction pursuant to this report will have to be executed within the provisions of this chaperoning agreement.
The Research Analysts contributing to the report may not be registered /qualified as research analyst with FINRA. Such research analyst may not be associated persons of the U.S. registered broker-dealer, MOSIPL, and
therefore, may not be subject to NASD rule 2711 and NYSE Rule 472 restrictions on communication with a subject company, public appearances and trading securities held by a research analyst account.
For Singapore
Motilal Oswal Capital Markets Singapore Pte Limited is acting as an exempt financial advisor under section 23(1)(f) of the Financial Advisers Act(FAA) read with regulation 17(1)(d) of the Financial Advisors Regulations and is
a subsidiary of Motilal Oswal Securities Limited in India. This research is distributed in Singapore by Motilal Oswal Capital Markets Singapore Pte Limited and it is only directed in Singapore to accredited investors, as defined
in the Financial Advisers Regulations and the Securities and Futures Act (Chapter 289), as amended from time to time.
In respect of any matter arising from or in connection with the research you could contact the following representatives of Motilal Oswal Capital Markets Singapore Pte Limited:
Varun Kumar
Varun.kumar@motilaloswal.com
Contact : (+65) 68189232
Office Address:21 (Suite 31),16 Collyer Quay,Singapore 04931
Fund Folio: Indian Mutual Fund Tracker | June 2017
26

This report is for personal information of the authorized recipient and does not construe to be any investment, legal or taxation advice to you. This research report does not constitute an offer, invitation or inducement to invest
in securities or other investments and Motilal Oswal Capital Markets (Hong Kong) Private Limited (hereinafter referred as MO-HK) is not soliciting any action based upon i Tt.a Tthias r Septorteel is not for public distribution
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The information contained herein is based on publicly available data or other sources believed to be reliable. While we would endeavour to update the information herein on reasonable basis, MO-HK and/or its affiliates are
under no obligation to update the information. Also there may be regulatory, compliance, or other reasons that may prevent MO-HK and/or its affiliates from doing so. MO-HK or any of its affiliates or employees shall not be in
any way responsible and liable for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. MOSt or any of its affiliates or employees do not provide, at any time,
any express or implied warranty of any kind, regarding any matter pertaining to this report, including without limitation the implied warranties of merchantability, fitness for a particular purpose, and non-infringement. The
recipients of this report should rely on their own investigations.
The Research Producer and/or its affiliates and/or employees may have interests/positions, financial or otherwise in the securities mentioned in this report. To enhance transparency, research producer Motilal Oswal has
incorporated a Disclosure of Interest Statement in this document. This should, however, not be treated as endorsement of the views expressed in the report.
Disclosure of Interest Statement
1. Analyst ownership of the stock
2. Group/Directors ownership of the stock
3. Broking relationship with company covered
4. Investment Banking relationship with company covered
Companies where there is interest
No
No
No
No
This report is issued in Hong Kong by Motilal Oswal Capital markets (Hong Kong) Private Limited, a licensed corporation (CE no.AYY301) regulated by the Hong Kong Securities and Futures Commission (SFC) pursuant to
the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) “SFO”. This report is intended for distribution only to “Professional Investors” as defined in Part I of Schedule1 to SFO. This document must not
be acted or relied on by persons who are not professional Investors. Any Investment or Investment Activity to which this document relates is only available to Professional Investor and will be engaged only with professional
Investors”.
In respect of any matter arising from or in connection with the research you could contact the following representative of Motilal Oswal Capital markets (Hong Kong) Private Limited.
Mr. Martin Marnick – Director Contact: 3975 2888
Office Address: 10th Floor, Central Building, 1-3 Pedder Street, Central Hong Kong. The products , services, information and/or material contained within these research reports may not be available for residents of certain
jurisdictions
Fund Folio: Indian Mutual Fund Tracker | June 2017
27

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