Factsheet as on November 2017 Invest for Long Term Growth while Saving Taxes With ELSS Tax weighing scale u/s 80C Savings Taxes Invest Now In Baroda Pioneer ELSS'96 (An Open Ended Tax Benefit-Cum-Growth Scheme) Capital growth over long term Investment predominantly in equity and equity related instruments. about whether the product is suitable for them.
CIO Letter Mr. Sanjay Chawla Chief Investment Officer Dear Investors, Warm Greetings! Month of November saw increased volatility in stock markets, led by increasing concerns about high oil prices, domestic fiscal slippage and increasing trade deficit. While markets closed down by 1.1%, key positives were rating upgrade by Moody s and continued buying by both FIIs and domestic mutual funds. Amongst emerging markets, China was down by 3.2% and Brazil was down by 2.5%. Developed markets were mixed. USA was up by 0.6%, Japan was up by 1.9% while Germany and U.K were down by 1.6%. In terms of market caps, both BSE Mid-Cap Index and Small cap index outperformed with gains of 1.6% and 3% respectively. Moody s has upgraded India s bond rating to Baa2 from Baa3 and changed the outlook to stable from positive. While Prime Minister Modi s move last year to remove 86% of the currency in circulation has widely been attributed to be a major cause of the recent growth disruptions, Moody has taken a positive tone towards the recent moves by the administration. India s ease of doing business ranking has risen by 30 places and the government has been able to push through with their GST implementation. However, most importantly Moody has highlighted that while India s high debt burden remains a constraint, the reforms that have been put in place will reduce the risk of a sharp increase in debt during a downturn. A rating upgrade will lead to lower cost of borrowings from international markets positive for Indian infrastructure expansion. Headline CPI inflation rose to a 7-month high of 3.6% YoY in October compared with 3.3% print last month. The acceleration was particularly notable in food prices with firming up of vegetables, milk, cereals in the festive season. On the services side, inflation for transport and communication however eased, leading to core inflation remaining unchanged at 4.6% during October. The Index of Industrial Production (IIP) print for September came in lower at 3.8% YoY as compared to the previous reading. The growth figures for August were revised up to 4.5% YoY from 4.3% earlier. Manufacturing segment registered a flat growth. Within the manufacturing segment, 11 out of 23 sectors registered positive growth. 2QFY18 results were generally good and probably has arrested the downward revision which we have witnessed over the past several quarters. Key positives were lower slippages for Banks, restocking led volume growth by consumer staple companies and strong growth by consumer discretionary companies. For Nifty, earnings were largely in line led by recovery in margins. Aggregate Revenue, EBITDA & PAT growth was at 11%, 13% & 6% respectively. Topline growth missed expectation as pace of post GST restocking was moderate, while EBITDA and PAT were in-line with expectations supported by better margins. The overall breadth of earnings is positive with 80% of the companies reporting a beat (35%) or inline earnings (45%). Overall 1HFY18 EPS growth is now flat factoring weak 1Q. 2HFY18 should see meaningful pick-up in earnings growth driven by continued restocking, festive season and favorable base of last year (demonetization Q). With valuations at 18.5x one year forward earnings (one standard deviation higher than mean), we do not see scope for further re-rating, with earnings growth to drive returns. Happy Investing! Sanjay Chawla Chief Investment Officer Sources : Bloomberg, Economic Times 2
INDEX Title How To Read Factsheet Pg 4 Baroda Pioneer Growth Fund Pg 5 Baroda Pioneer ELSS 96 Pg 6 Baroda Pioneer Mid Cap Fund Pg 7 Baroda Pioneer Large Cap Fund Pg 8 Baroda Pioneer Banking and Financial Services Fund Pg 9 Baroda Pioneer Balance Fund Pg 10 Baroda Pioneer Monthly Income Plan (MIP) Fund (Monthly income is not assured and is subject to the availability of distributable surplus) Pg 11 Baroda Pioneer Credit Opportunities Fund Pg 12 Baroda Pioneer Gilt Fund Pg 13 Baroda Pioneer Income Fund Pg 14 Baroda Pioneer Dynamic Bond Fund Pg 15 Baroda Pioneer Short Term Bond Fund Pg 16 Baroda Pioneer Treasury Advantage Fund Pg 17 Baroda Pioneer Liquid Fund Pg 18 Investment Performance Pg 19 SIP Returns Pg 23 Dividend History Pg 24 3
How To Read Factsheet? Fund Manager : An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts. Application Amount for Fresh Subscription : This is the minimum investment amount for a new investor in a mutual fund scheme. Minimum Additional Amount : This is the minimum investment amount for an existing investor in a mutual fund scheme. Yield to Maturity : The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond s current market price, par value, coupon interest rate and time to maturity. SIP : SIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bank deposit. For instance, an investor may opt for an SIP that invests Rs 500 every 15 th of the month in an equity fund for a period of three years. V : The V or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The V is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund. Benchmark : A group of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance of mutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10-Year Gsec. : A mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/ agent. Entry load is charged at the time an investor purchases the units of a mutual fund. The entry load is added to the prevailing V at the time of investment. For instance, if the V is Rs. 100 and the entry load is 1%, the investor will enter the fund at Rs. 101. Note: SEBI, vide circular dated June 30, 2009 has abolished entry load and mandated that the upfront commission to distributors will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor. Exit Load : Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing V at the time of redemption. For instance, if the V is Rs 100 and the exit load is 1%, the redemption price would be Rs 99 Per Unit. Modified Duration : Modified duration is the price sensitivity and the percentage change in price for a unit change in yield Standard Deviation : Standard deviation is a statistical measure of the range of an investment s performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility. Sharpe Ratio : The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk. Beta : Beta is a measure of an investment s volatility vis-à-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security s price will be more volatile than the market. AUM : AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm. Holdings : The holdings or the is a mutual fund s latest or updated reported statement of investments/securities. These are usually displayed in terms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager. Nature of Scheme : The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt fund or income fund. Each of these categories may have sub-categories. Rating Profile : Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds. 4
Baroda Pioneer Growth Fund An Open Ended Growth Scheme Investors understand that their principal will be at Moderately High risk Capital appreciation over long term Investment predominantly in equity and equity related instruments. To generate long term capital appreciation from an actively managed of equity & equity related instruments. Type of Scheme An Open Ended Growth Scheme Date of Allotment September 12, 2003 Fund Manager # Mr. Sanjay Chawla & (Experience 29 yrs) Mr. Dipak Acharya (Experience 13 yrs) Benchmark S&P BSE 200* Monthly Average 602.67 Crs AUM () Month end AUM () 608.24 Crs Minimum Investment 5,000/- & in multiples of 1/- Exit Load 1% if redeemed on or before 365 days from the date of allotment of units, Nil if redeemed after 365 days from the date of allotment of units and Plan B (Direct) Option A. Growth Option (default option in case no option specified by ; B. Dividend Option 1. Payout 2. Re-investment (default sub-option in case no option specified by C. Bonus Option $ SIP (Minimum) 500/month - 12 Installments 1500/quarter - 4 Installments Risk profile 30 NOVEMBER 2017 Standard deviation 14.23% Sharpe @ 0.25 Beta 0.98 Portfolio Turnover (last 12 months) 1.25 V AS ON 30 NOVEMBER 2017 V (Per Unit) Growth 100.9700 Dividend 38.5900 Growth 105.4400 Dividend 38.2400 EQUITY & EQUITY RELATED % to Net HDFC Bank Ltd. Banks 6.86% Maruti Suzuki India Ltd. Auto 4.24% ICICI Bank Ltd. Banks 3.54% Mahindra & Mahindra Financial Finance 3.32% Yes Bank Ltd. Banks 3.28% Hindalco Ltd. Non - Ferrous Metals 3.20% Kansai Nerolac Paints Ltd. Non 3.02% Petronet LNG Ltd. Gas 2.94% The Federal Bank Ltd. Banks 2.91% Tata Steel Ltd. Ferrous Metals 2.85% Britannia Ltd. Non 2.85% Motherson Sumi Systems Ltd. Auto Ancillaries 2.82% GAIL (India) Ltd. Gas 2.66% Whirlpool of India Ltd. 2.54% SBI Life Insurance Company Ltd. Finance 2.46% Bharat Forge Ltd. Industrial Products 2.16% LIC Housing Finance Ltd. Finance 2.15% Indraprastha Gas Ltd. Gas 2.15% State Bank of India Banks 2.05% NBCC (India) Ltd. Construction 2.05% Bharti Airtel Ltd. Telecom - Services 2.04% Pidilite Ltd. Chemicals 2.01% Reliance Ltd. Petroleum Products 1.97% HCL Technologies Ltd. Software 1.95% Bank of Baroda Banks 1.95% Blue Star Ltd. 1.95% Godrej Products Ltd. Non 1.93% Apollo Tyres Ltd. Auto Ancillaries 1.85% Indian Oil Sadbhav Engineering Ltd. 2.97% Plan B (Direct) 2.08% $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 Petroleum Products Construction Project 1.68% 1.62% Ultratech Cement Ltd. Cement 1.59% Astral Poly Technik Ltd. Industrial Products 1.53% The Ramco Cements Ltd. Cement 1.50% Central Depository Services (I) Ltd. Finance 1.49% Mahindra & Mahindra Ltd. Auto 1.39% Capital First Ltd. Finance 1.38% Larsen & Toubro Ltd. Construction Project 1.35% Ashok Leyland Ltd. Auto 1.26% Eicher Motors Ltd. Auto 1.13% % to Net WABCO India Ltd. Auto Ancillaries 1.07% ITC Ltd. Non 1.05% Bajaj Finserv Ltd. Finance 1.03% Titan Company Ltd. 1.01% Vedanta Ltd. Non - Ferrous Metals 0.97% Security and Intelligence Services (I) Ltd. Mangalore Refinery and Petrochemicals Ltd. Commercial Services Petroleum Products 0.65% 0.60% Total 98.00% CBLO / Reverse Repo Investments 2.79% Total 2.79% Net Receivable/Payable -0.79% Total -0.79% Non /Ratings Commercial Services Software Chemicals Telecom - Services Construction Ferrous Metals Construction Project Cement Industrial Products Non - Ferrous Metals Petroleum Products # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19-22 *For Disclaimer please refer page no 22 @risk free rate (FBIL Overnight MIBOR) 6.00% & Mr. Chawla is managing the Scheme along with Mr. Acharya effective November 1, 2015 5 Auto Ancillaries Gas Auto Finance Banks 0.65% 1.95% 2.00% 2.01% 2.04% 2.05% 2.85% 2.97% 3.09% 3.69% 4.17% 4.25% 5.50% 5.74% 7.75% 8.02% 8.85% 11.83% 20.59%
Baroda Pioneer ELSS 96 An Open Ended Tax Benefit - Cum - Growth Scheme Investors understand that their principal will be at Moderately High risk Capital growth over long term Investment predominantly in equity and equity related instruments. The main objective of the scheme is to provide the investor long term capital growth as also tax benefit under section 80C of the Income Tax Act, 1961. Type of Scheme An Open Ended Tax Benefit- Cum-Growth Scheme Date of Allotment March 31, 1996 Fund Manager # Mr. Sanjay Chawla & (Experience 29 yrs) Mr. Dipak Acharya (Experience 13 yrs) Benchmark S&P BSE 200* Monthly Average 120.13 Crs AUM () Month end AUM () 121.93 Crs Minimum Investment 500/- & in multiples of 1/- Exit Load Nil and Plan B (Direct) Option A. Growth Option (default option in case no option specified by ; B. Dividend Option C. Bonus Option $ SIP (Minimum) 500/month - 12 Installments 1500/quarter - 4 Installments Risk profile 30 NOVEMBER 2017 Standard deviation 17.77% Sharpe @ 0.18 Beta 1.01 Portfolio Turnover (last 12 months) 1.35 V AS ON 30 NOVEMBER 2017 V (Per Unit) Dividend 34.3800 Bonus 47.6400 Growth 47.6400 Dividend 40.2800 Bonus 50.5600 Growth 50.5600 3.09% Plan B (Direct) 1.90% EQUITY & EQUITY RELATED % to Net HDFC Bank Ltd. Banks 6.84% Maruti Suzuki India Ltd. Auto 4.06% Yes Bank Ltd. Banks 3.78% Mahindra & Mahindra Financial Finance 3.60% Kansai Nerolac Paints Ltd. Hindalco Ltd. Non Non - Ferrous Metals 3.26% 3.25% The Federal Bank Ltd. Banks 3.18% Petronet LNG Ltd. Gas 3.10% Whirlpool of India Ltd. 3.08% ICICI Bank Ltd. Banks 2.90% Tata Steel Ltd. Ferrous Metals 2.85% Motherson Sumi Systems Ltd. Auto Ancillaries 2.85% Britannia Ltd. Non 2.76% GAIL (India) Ltd. Gas 2.69% Carborundum Universal Ltd. Industrial Products 2.65% Apollo Tyres Ltd. Auto Ancillaries 2.57% Bata India Ltd. 2.41% Security and Intelligence Services (I) Ltd. Commercial Services 2.22% Eicher Motors Ltd. Auto 2.21% The Karnataka Bank Ltd. Banks 2.16% NBCC (India) Ltd. Construction 2.16% Bajaj Finserv Ltd. Finance 2.14% Cholamandalam Investment and Finance Finance 2.10% Company Ltd. Pidilite Ltd. Chemicals 2.07% Bharti Airtel Ltd. Telecom - Services 2.04% Bharat Financial Inclusion Ltd. Finance 2.01% Indraprastha Gas Ltd. Gas 2.01% Central Depository Services (I) Ltd. Finance 1.79% WABCO India Ltd. Auto Ancillaries 1.79% HCL Technologies Ltd. Software 1.74% State Bank of India Banks 1.71% Symphony Ltd. 1.60% Vedanta Ltd. Non - Ferrous Metals 1.57% Ashok Leyland Ltd. Auto 1.45% Capital First Ltd. Finance 1.44% Blue Star Ltd. 1.34% Ambuja Cements Ltd. Cement 1.29% Mahindra & Mahindra Ltd. Auto 1.27% % to Net The Ramco Cements Ltd. Cement 1.15% Larsen & Toubro Ltd. Construction Project 1.12% City Union Bank Ltd. Banks 1.10% Sadbhav Engineering Ltd. The South Indian Bank Ltd. Construction Project 0.78% Banks 0.54% Total 98.63% CBLO / Reverse Repo Investments 1.70% Total 1.70% Net Receivable/Payable -0.33% Total -0.33% Non /Ratings Software Construction Project Telecom - Services Chemicals Construction Commercial Services Cement Industrial Products Ferrous Metals Non - Ferrous Metals Auto Ancillaries Gas Auto Finance Banks 1.37% 1.74% 1.90% 2.04% 2.07% 2.16% 2.22% 2.44% 2.65% 2.85% 4.82% 6.02% 7.21% 7.80% 8.43% 8.99% 13.08% 22.21% $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19-22 @risk free rate (FBIL Overnight MIBOR) 6.00% *For Disclaimer please refer page no 22 & Mr. Chawla is managing the Scheme along with Mr. Acharya effective November 1, 2015 6
Baroda Pioneer Mid-Cap Fund An Open Ended Equity Scheme Investors understand that their principal will be at High risk Capital appreciation over long term. Investment predominantly in equity and equity related securities of growth oriented Mid-Cap stocks. The primary objective of the Scheme is to generate capital appreciation by investing predominantly in a diversified of equity and equity related securities of growth oriented mid cap stocks. However, there is no assurance or guarantee that the investment objective of the Scheme will be realized Type of Scheme An Open Ended Equity Scheme Date of Allotment October 4, 2010 Fund Manager # Mr. Sanjay Chawla (Experience 29 yrs) Mr. Dipak Acharya (Experience 13 yrs) Benchmark S&P BSE Mid-cap index* Monthly Average AUM () 35.65 Crs Month end AUM () 36.27 Crs Minimum Investment 5,000/- & in multiples of 1/- Exit Load 1.00% if redeemed on or before 365 days from the date of allotment of units, Nil if redeemed after 365 days from the date of allotment of units Option SIP (Minimum) and Plan B (Direct) A. Growth Option (default option in case no option specified by ; B. Dividend Option 1. Payout; 2. Reinvestment (default sub-option C. Bonus Option $ 500/month - 12 Installments 1500/quarter - 4 Installments Risk profile 30 NOVEMBER 2017 Standard deviation 16.68% Sharpe @ -0.16 Beta 0.92 Portfolio Turnover (last 12 months) 1.69 V AS ON 30 NOVEMBER 2017 V (Per Unit) Growth 9.9600 Dividend 9.9600 Growth 10.3500 Dividend 10.3500 3.16% Plan B (Direct) 2.29% % to Net EQUITY & EQUITY RELATED Whirlpool of India Ltd. 3.86% BEML Ltd. Industrial Capital Goods 3.68% Carborundum Universal Ltd. Industrial Products 3.67% Symphony Ltd. 3.58% Cholamandalam Investment and Finance Company Ltd. Finance 3.53% Astral Poly Technik Ltd. Industrial Products 3.49% City Union Bank Ltd. Banks 3.32% JK Cement Ltd. Cement 3.31% Mahindra & Mahindra Financial Finance 3.26% Gujarat State Fertilizers & Chemicals Ltd. Fertilisers 3.09% Kalpataru Power Transmission Ltd. Power 3.06% The Karnataka Bank Ltd. Banks 2.99% Crompton Greaves Electricals Ltd. 2.93% NBCC (India) Ltd. Construction 2.90% Bata India Ltd. 2.83% Central Depository Services (I) Ltd. Finance 2.76% Bharat Financial Inclusion Ltd. Finance 2.70% The Federal Bank Ltd. Banks 2.67% Bajaj Electricals Ltd. 2.57% K.P.R. Mill Ltd. Textile Products 2.57% Indraprastha Gas Ltd. Gas 2.48% National Aluminium Company Ltd. PC Jeweller Ltd. Security and Intelligence Services (I) Ltd. Gulf Oil Lubricants India Ltd. Non - Ferrous Metals Commercial Services Petroleum Products 2.26% 2.18% 2.17% 2.12% Solar India Ltd. Chemicals 2.08% TVS Srichakra Ltd. Auto Ancillaries 2.06% WABCO India Ltd. Auto Ancillaries 2.00% Tata Sponge Iron Ltd. Ferrous Metals 1.98% V.S.T Tillers Tractors Ltd. Auto 1.88% Essel Propack Ltd. Industrial Products 1.84% Orient Cement Ltd. Cement 1.80% Blue Star Ltd. 1.63% Blue Dart Express Ltd. Transportation 1.48% Jubilant Foodworks Ltd. Non 1.47% Rallis India Ltd. Pesticides 1.35% Century Plyboards (India) Ltd. 1.31% Igarashi Motors India Ltd. Auto Ancillaries 1.22% % to Net Balkrishna Ltd. Auto Ancillaries 1.18% Sundram Fasteners Ltd. Auto Ancillaries 1.03% Total 98.29% CBLO / Reverse Repo Investments 2.46% Total 2.46% Net Receivable/Payable -0.75% Total -0.75% Pesticides Non Transportation Auto Ferrous Metals Chemicals Petroleum Products Commercial Services Non - Ferrous Metals Gas Textile Products Construction Power Fertilisers Industrial Capital Goods Cement Auto Ancillaries Banks Industrial Products Finance /Ratings 1.35% 1.47% 1.48% 1.71% 1.88% 1.98% 2.08% 2.12% 2.17% 2.26% 2.48% 2.57% 2.90% 3.06% 3.09% 3.68% 5.11% 7.49% 8.98% 9.00% 12.25% 20.89% $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 *For Disclaimer please refer page no 22 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19-22 @risk free rate (FBIL Overnight MIBOR) 6.00% 7
Baroda Pioneer Large Cap Fund An Open Ended Equity Scheme /Ratings Investors understand that their principal will be at Moderately High risk Capital appreciation over long term Investment predominantly in a diversified of equity and equity related securities of Large Cap companies. The primary objective of the Scheme is to generate capital appreciation by investing predominantly in a diversified of equity and equity related securities of large cap companies. The Scheme may also invest in debt and money market securities. However, there is no assurance or guarantee that the investment objective of the Scheme will be realized. Type of Scheme An Open Ended Equity Scheme Date of Allotment June 22, 2010 Fund Manager # Mr. Sanjay Chawla (Experience 29 yrs) Mr. Dipak Acharya (Experience 13 yrs) Benchmark Nifty 100* Monthly Average AUM () 30.01 Crs Month end AUM () 28.45 Crs Minimum Investment 5,000/- & in multiples of 1/- Exit Load 1.00% if redeemed on or before 365 days from the date of allotment of units, Nil if redeemed after 365 days from the date of allotment of units Option SIP (Minimum) and Plan B (Direct) A. Growth Option (default option in case no option specified by ; B. Dividend Option 1. Payout; 2. Reinvestment (default sub-option C. Bonus Option $ 500/month - 12 Installments 1500/quarter - 4 Installments Risk profile 30 NOVEMBER 2017 Standard deviation 15.54% Sharpe @ -0.02 Beta 1.00 Portfolio Turnover (last 12 months) 1.43 V (Per Unit) V AS ON 30 NOVEMBER 2017 Growth 13.6800 Dividend 12.5900 Growth 14.1400 Dividend 13.0400 % to Net EQUITY & EQUITY RELATED HDFC Bank Ltd. Banks 7.82% Reliance Ltd. Petroleum Products 6.48% Maruti Suzuki India Ltd. Auto 6.04% Hindalco Ltd. Non - Ferrous Metals 5.49% Larsen & Toubro Ltd. Construction Project 5.13% ICICI Bank Ltd. Banks 4.86% GAIL (India) Ltd. Gas 4.44% Ultratech Cement Ltd. Cement 4.43% Yes Bank Ltd. Banks 4.31% Tata Steel Ltd. Ferrous Metals 3.66% Adani Ports and Special Economic Zone Ltd. Transportation 3.50% Bharti Airtel Ltd. Telecom - Services 3.14% Ambuja Cements Ltd. Cement 2.77% Hindustan Unilever Ltd. Non 2.68% MRF Ltd. Auto Ancillaries 2.41% Godrej Products Ltd. Mahindra & Mahindra Financial Non 2.36% Finance 2.31% State Bank of India Banks 2.25% Zee Entertainment Enterprises Ltd. Media & Entertainment 2.20% Eicher Motors Ltd. Auto 2.10% Siemens Ltd. Industrial Capital Goods 2.10% Indian Oil Petroleum Products 2.07% Nestle India Ltd. Non 2.02% Colgate Palmolive (India) Ltd. Non 2.00% PNB Housing Finance Ltd. Finance 1.88% Container Corporation of India Ltd. Transportation 1.84% Bank of Baroda Banks 1.78% ABB India Ltd. Industrial Capital Goods 1.72% HCL Technologies Ltd. Software 1.49% Mahindra & Mahindra Ltd. Auto 1.48% Cadila Healthcare Ltd. Pharmaceuticals 1.13% NMDC Ltd. Minerals/Mining 1.12% Hindustan Zinc Ltd. Non - Ferrous Metals 1.05% Vedanta Ltd. Non - Ferrous Metals 1.04% Total 101.10% CBLO / Reverse Repo Investments 8.58% Total 8.58% Net Receivable/Payable -9.68% Total -9.68% Minerals/Mining Pharmaceuticals Software Media & Entertainment Auto Ancillaries Telecom - Services Ferrous Metals Industrial Capital Goods Finance Gas Construction Project Transportation Cement Non - Ferrous Metals Petroleum Products Non Auto Banks -1.10% 1.12% 1.13% 1.49% 2.20% 2.41% 3.14% 3.66% 3.82% 4.19% 4.44% 5.13% 5.34% 7.20% 7.58% 8.55% 9.06% 9.62% 21.02% 3.22% Plan B (Direct) 2.16% $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19-22 *For Disclaimer please refer page no 22 @risk free rate (FBIL Overnight MIBOR) 6.00% 8
Baroda Pioneer Banking and Financial Services Fund An Open Ended Sectoral Scheme /Ratings Investors understand that their principal will be at High risk Capital appreciation over long term Investment predominantly in equity and equity related securities of companies engaged in the Banking & Financial Services Sector The investment objective is to generate long-term capital appreciation for unit holders from a invested predominantly in equity and equity related securities of companies engaged in the Banking & Financial Services Sector. Type of Scheme An Open Ended Sectoral Scheme Date of Allotment June 22, 2012 Fund Manager # Mr. Dipak Acharya (Experience 13 yrs) Benchmark Nifty Bank Index* Monthly Average AUM () 41.67 Crs Month end AUM () 41.14 Crs Minimum Investment 5,000/- & in multiples of 1/- Exit Load Exit Load - 1.00% if redeemed on or before 365 days from the date of allotment of units, Nil if redeemed after 365 days from the date of allotment of units and Plan B (Direct) EQUITY & EQUITY RELATED % to Net HDFC Bank Ltd. Banks 27.00% ICICI Bank Ltd. Banks 10.83% Yes Bank Ltd. Banks 9.69% State Bank of India Banks 8.55% Bharat Financial Finance 7.73% Inclusion Ltd. Kotak Mahindra Bank Ltd. Banks 6.68% The Federal Bank Ltd. Banks 3.60% Mahindra & Mahindra Finance 3.19% Financial Bank of Baroda Banks 2.87% City Union Bank Ltd. Banks 2.85% Axis Bank Ltd. Banks 2.60% Bajaj Finserv Ltd. Finance 2.53% Cholamandalam Investment Finance 2.33% and Finance Company Ltd. Central Depository Finance 1.77% Services (I) Ltd. IIFL Holdings Ltd. Finance 1.63% LIC Housing Finance Ltd. Finance 1.41% The Karnataka Bank Ltd. Banks 1.41% The South Indian Bank Ltd. Banks 1.20% The Jammu & Kashmir Banks 0.99% Bank Ltd. The Karur Vysya Bank Ltd. Banks 0.35% Total 99.21% CBLO / Reverse Repo Investments 1.37% Total 1.37% Net Receivable/Payable -0.58% Total -0.58% Finance Banks 0.79% 20.59% 78.62% Option A. Growth Option (default option in case no option specified by ; B. Dividend Option 1. Payout; 2. Reinvestment (default sub-option C. Bonus Option $ SIP (Minimum) 500/month - 12 Installments 1500/quarter - 4 Installments Risk profile 30 NOVEMBER 2017 Standard deviation 17.99% Sharpe @ 0.15 Beta 0.92 Portfolio Turnover (last 12 months) 1.27 V AS ON 30 NOVEMBER 2017 V (Per Unit) Growth 20.7400 Dividend 17.6300 Bonus 20.7400 Growth 21.5700 Dividend 18.4000 Bonus 3.12% Plan B (Direct) 2.49% $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19-22 *For Disclaimer please refer page no 22 @risk free rate (FBIL Overnight MIBOR) 6.00% 9
Baroda Pioneer Balance Fund An Open Ended Balanced Scheme Investors understand that their principal will be at Moderately High risk Capital appreciation along with stability over long term Investment predominantly in equity and equity related instruments with balance exposure to money market instruments and debt securities. The scheme is targeted for long-term capital appreciation along with stability through a well balanced comprising of equity, equity related instruments, money market instrument and debt securities. Type of Scheme An Open Ended Balanced Scheme Date of Allotment September 12, 2003 Fund Manager # Mr. Sanjay Chawla & (Experience 29 yrs) Mr. Dipak Acharya (Experience 13 yrs) Benchmark CRISIL Balanced Fund Aggressive index (effective April 4, 2016) Monthly Average AUM () 417.06 Crs Month end AUM () 445.65 Crs Minimum Investment 5,000/- & in multiples of 1/- Exit Load 1% if redeemed on or before 12 months from the date of allotment of units, Nil if redeemed after 12 months from the date of allotment of units and Plan B (Direct) Option A. Growth Option (default option in case no option specified by ; B. Dividend Option 1. Payout; 2. Reinvestment (default sub-option C. Bonus Option $ SIP (Minimum) 500/month - 12 Installments 1500/quarter - 4 Installments Risk profile 30 NOVEMBER 2017 Standard deviation 10.93% Sharpe @ 0.37 Beta 1.08 Portfolio Turnover (last 12 months) 1.58 V AS ON 30 NOVEMBER 2017 V (Per Unit) Growth 56.3500 Dividend 19.0100 Bonus Growth 59.4800 Dividend 20.7200 3.03% Plan B (Direct) 1.68% % to Net EQUITY & EQUITY RELATED HDFC Bank Ltd. Banks 6.27% Maruti Suzuki India Ltd. Auto 3.49% Yes Bank Ltd. Banks 2.91% Kansai Nerolac Paints Ltd. Non 2.86% ICICI Bank Ltd. Banks 2.64% Mahindra & Mahindra Financial Finance 2.62% Hindalco Ltd. Non - Ferrous Metals 2.36% The Federal Bank Ltd. Banks 2.25% Petronet LNG Ltd. Gas 2.16% Motherson Sumi Systems Ltd. Auto Ancillaries 2.14% Whirlpool of India Ltd. 2.11% Pidilite Ltd. Chemicals 2.09% GAIL (India) Ltd. Gas 2.01% Bata India Ltd. 1.99% Cholamandalam Investment and Finance Company Ltd. Finance 1.88% Indraprastha Gas Ltd. Gas 1.84% Carborundum Universal Ltd. Industrial Products 1.80% KEC International Ltd. Construction Project 1.78% Ambuja Cements Ltd. Cement 1.78% Container Corporation of India Ltd. Transportation 1.77% Security and Intelligence Commercial Services (I) Ltd. Services 1.55% Bajaj Finserv Ltd. Finance 1.53% NBCC (India) Ltd. Construction 1.48% Bharat Forge Ltd. Industrial Products 1.41% Eicher Motors Ltd. Auto 1.35% Tata Steel Ltd. Ferrous Metals 1.33% Ashok Leyland Ltd. Auto 1.33% Bajaj Electricals Ltd. 1.26% Central Depository Services (I) Ltd. Finance 1.23% Apollo Tyres Ltd. Auto Ancillaries 1.22% Supreme Ltd. Industrial Products 1.17% City Union Bank Ltd. Banks 1.13% WABCO India Ltd. Auto Ancillaries 1.12% Bharti Airtel Ltd. Telecom - Services 1.12% Rallis India Ltd. Pesticides 1.11% State Bank of India Banks 0.90% The South Indian Bank Ltd. Banks 0.89% Larsen & Toubro Ltd. Construction Project 0.64% The Ramco Cements Ltd. Cement 0.63% HCL Technologies Ltd. Software 0.57% ITC Ltd. Non 0.52% Hindustan Zinc Ltd. Non - Ferrous Metals 0.51% Total 72.75% CENTRAL GOVERNMENT SECURITIES 07.61% CGL 2030 Sovereign 1.15% 07.88% CGL 2030 Sovereign 0.42% 08.24% CGL 2027 Sovereign 0.31% 08.83% CGL 2023 Sovereign 0.12% 08.60% CGL 2028 Sovereign 0.02% 08.28% CGL 2027 Sovereign 0.02% Total 2.04% % to Net STATE GOVERNMENT SECURITIES 09.72% SDL 2023 Sovereign 0.75% Total 0.75% BONDS & NCDs HDFC Bank Ltd. CRISIL AA+ 4.57% ICICI Bank Ltd. [ICRA]AA+ 3.43% Yes Bank Ltd. [ICRA]AA 3.33% Bank of Baroda CRISIL AA+ 3.15% Indian Railway Finance CRISIL AAA 2.27% Vijaya Bank [ICRA]AA- 1.15% Dewan Housing Finance BWR AAA 0.47% Total 18.37% CBLO / Reverse Repo Investments 5.81% Total 5.81% Net Receivable/Payable 0.28% Total 0.28% All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND. BWR AAA Software Pesticides Telecom - Services [ICRA]AA- Ferrous Metals Construction Commercial Services Transportation Chemicals CRISIL AAA Cement Construction Project Sovereign Non - Ferrous Metals [ICRA]AA Non [ICRA]AA+ Industrial Products Auto Ancillaries Gas Auto Finance CRISIL AA+ Banks /Ratings 0.47% 0.57% 1.11% 1.12% 1.15% 1.33% 1.48% 1.55% 1.77% 2.09% 2.27% 2.41% 2.42% 2.79% 2.87% 3.33% 3.38% 3.43% 4.38% 4.48% 5.36% 6.01% 6.09% 6.17% 7.26% 7.72% 16.99% $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19-22 @risk free rate (FBIL Overnight MIBOR) 6.00% & Mr. Chawla is managing the Scheme along with Mr. Acharya effective November 1, 2015 10
Baroda Pioneer Monthly Income Plan (MIP) Fund An Open Ended Income Scheme with no assured returns. (Monthly income is not assured and is subject to the availability of distributable surplus.) Investors understand that their principal will be at Moderate risk Regular Income and capital appreciation over medium term with providing liquidity Investment in debt and money market instruments and in equity and equity related instruments. To generate regular income through investment in debt and money market instruments and also to generate longterm capital appreciation by investing a portion in equity and equity related instruments. Type of Scheme An Open Ended Income Scheme with no assured returns. Date of Allotment September 08, 2004 Fund Manager Ms. Hetal Shah # (Experience 15 yrs) Benchmark CRISIL MIP Blended Index Monthly Average AUM () 29.93 Crs Month end AUM () 27.77 Crs Minimum Investment 5,000/- & in multiples of 1/- Exit Load NIL and Plan B (Direct) Options Growth (default option in case no option specified by ; Monthly Dividend (default) 1. Payout 2. Reinvestment (default sub-option Quarterly Dividend 1. Payout 2. Reinvestment (default sub-option Bonus Option $ SIP (Minimum) 500/month - 12 Installments 1500/quarter - 4 Installments V AS ON 30 NOVEMBER 2017 V (Per Unit) Growth 22.2755 Dividend - Monthly 13.6967 Dividend - Quarterly 13.4489 Growth 23.1950 Dividend - Monthly 14.0485 Dividend - Quarterly 13.8310 Portfolio characteristic Average Maturity (Days) 1787.47 Modified Duration (Years) 3.26 Portfolio Yield (%) 7.15 2.41% Plan B (Direct) 1.52% $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19-22 11 % to Net EQUITY & EQUITY RELATED HDFC Bank Ltd. Banks 1.33% MRF Ltd. Auto Ancillaries 1.23% ICICI Bank Ltd. Banks 1.10% Mahindra & Mahindra Financial Finance 1.02% Kansai Nerolac Paints Ltd. Non 0.98% Britannia Ltd. Non 0.86% Hindalco Ltd. Non - Ferrous Metals 0.86% Cholamandalam Investment and Finance Company Ltd. Finance 0.69% GAIL (India) Ltd. Gas 0.67% The Karnataka Bank Ltd. Banks 0.67% Tata Steel Ltd. Ferrous Metals 0.62% Maruti Suzuki India Ltd. Auto 0.62% Pidilite Ltd. Chemicals 0.60% BEML Ltd. Industrial Capital Goods 0.60% Whirlpool of India Ltd. 0.56% Carborundum Universal Ltd. Industrial Products 0.55% Ashok Leyland Ltd. Auto 0.51% Quess Corp Ltd. Commercial Services 0.51% Apollo Tyres Ltd. Auto Ancillaries 0.47% National Aluminium Company Ltd. Nestle India Ltd. Non - Ferrous Metals Non 0.44% 0.41% Gujarat State Fertilizers & Chemicals Ltd. Fertilisers 0.38% Petronet LNG Ltd. Gas 0.36% JK Cement Ltd. Cement 0.36% Bharti Airtel Ltd. Telecom - Services 0.36% PC Jeweller Ltd. 0.35% Yes Bank Ltd. Banks 0.33% Container Corporation of India Ltd. Transportation 0.33% IIFL Holdings Ltd. Finance 0.33% Central Depository Services (I) Ltd. Finance 0.33% Orient Cement Ltd. Cement 0.32% Ambuja Cements Ltd. Cement 0.28% The Federal Bank Ltd. Banks 0.28% Rallis India Ltd. Pesticides 0.26% Tata Sponge Iron Ltd. Ferrous Metals 0.26% Total 19.83% CENTRAL GOVERNMENT SECURITIES 08.60% CGL 2028 Sovereign 11.71% 07.61% CGL 2030 Sovereign 10.94% 07.88% CGL 2030 Sovereign 9.30% 07.59% CGL 2026 Sovereign 3.68% 08.24% CGL 2027 Sovereign 1.90% 07.59% CGL 2029 Sovereign 1.82% Total 39.35% % to Net BONDS & NCDs IndusInd Bank Ltd. CRISIL AA 3.64% Tata Capital Financial [ICRA]AA+ 3.59% India Infoline Housing Finance Ltd. [ICRA]AA 2.86% IIFL Facilities [ICRA]AA 2.33% Power Grid Corporation of India Ltd. CRISIL AAA 2.25% Total 14.67% CBLO / Reverse Repo Investments 24.34% Total 24.34% Net Receivable/Payable 1.81% Total 1.81% All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND. Pesticides Transportation Telecom - Services Fertilisers Commercial Services Industrial Products Industrial Capital Goods Chemicals Ferrous Metals Cement Gas Auto Non - Ferrous Metals Auto Ancillaries CRISIL AAA Non Finance [ICRA]AA+ CRISIL AA Banks [ICRA]AA Sovereign 19.83% 14.67% Rating Profile 0.26% 0.33% 0.36% 0.38% 0.51% 0.55% 0.60% 0.60% 0.88% 0.91% 0.96% 1.03% 1.13% 1.30% 1.70% 2.25% 2.25% 2.37% 3.59% 3.64% 3.71% 5.19% instruments 26.15% 39.35% 1.81% CENTRAL 39.35% GOVERNMENT SECURITIES CBLO / Reverse Repo Investments 24.34% EQUITY & EQUITY RELATED BONDS & NCDs Cash & Cash Equivalents
Baroda Pioneer Credit Opportunities Fund An Open Ended Debt Scheme Investors understand that their principal will be at Moderate risk Income over medium term. Investment in a mix of debt and money market instruments across the credit and maturity spectrum. The primary objective of the Scheme is to generate returns by investing in debt and money market instruments across the credit spectrum. There is no assurance or guarantee that the investment objective of the Scheme will be realized. Type of Scheme An Open Ended Debt Scheme Date of Allotment January 23, 2015 Fund Manager Mr. Alok Sahoo # (Experience 17 yrs), Mr. Karn Kumar & (Experience 13 yrs) Benchmark CRISIL Short Term Bond Fund Index Monthly Average 910.03 Crs AUM () Month end AUM () 912.80 Crs Minimum Investment 5,000/- & in multiples of 1/- Exit Load If units are redeemed upto 10% of the units, on or before one year from the date of allotment : Nil If units are redeemed over and above the 10% limit, on or before one year from the date of allotment : 1% of the applicable Net Asset Value (V) If units are redeemed after one year from the date of allotment : Nil and Plan B (Direct) Options Growth (default option in case no option specified by ; Monthly Dividend 1.Payout 2.Reinvestment (default suboption Quarterly Dividend 1.Payout 2.Reinvestment (default suboption Bonus Option $ SIP (Minimum) 500/month - 12 Installments 1500/quarter - 4 Installments Portfolio characteristic Average Maturity (Days) 941.38 Modified Duration (Years) 2.06 Portfolio Yield (%) 8.55 1.83% Plan B (Direct) 0.80% $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds, if any, managed by the said Fund manager, either individually or jointly, please refer page no 19-22 & Mr. Karn Kumar is managing the Scheme along with Mr. Alok Sahoo effective July 24, 2017 12 % to Net MONEY MARKET INSTRUMENT Commercial Paper** Peninsula Land Ltd. [ICRA]A1 6.71% Adani Enterprises Ltd. BWR A1+ 2.69% Total 9.40% CENTRAL GOVERNMENT SECURITIES 08.40% CGL 2024 Sovereign 0.35% 07.61% CGL 2030 Sovereign 0.11% Total 0.46% BONDS & NCDs Piramal Enterprises Ltd. [ICRA]AA 7.68% Apollo Hospitals Enterprise Ltd. CRISIL AA 6.46% Edelweiss Commodities [ICRA]AA 6.13% Aspire Home Finance [ICRA]AA- 5.71% IndusInd Bank Ltd. CRISIL AA 5.00% Dewan Housing Finance BWR AAA 4.43% IIFL Facilities [ICRA]AA 4.19% India Infoline Housing Finance Ltd. CRISIL AA 3.93% Edelweiss Housing Finance Ltd. [ICRA]AA 2.88% Edelweiss Commodities CARE AA 2.78% ICICI Bank Ltd. [ICRA]AA+ 2.78% Indiabulls Housing Finance Ltd. BWR AAA 2.25% Indiabulls Housing Finance Ltd. CARE AAA 1.67% Indian Railway Finance CRISIL AAA 1.26% Bank of Baroda CRISIL AA+ 1.20% HDFC Bank Ltd. CRISIL AA+ 1.11% Edelweiss Asset Reconstruction Company Ltd. [ICRA]AA 1.11% Yes Bank Ltd. [ICRA]AA 1.08% Janalakshmi Financial [ICRA]A 0.66% Bank of Baroda CARE AA 0.11% Total 62.42% Unlisted ARM Infra & Utilities Private Ltd. BWR A1+ (SO) 4.92% IIFL Wealth Finance Ltd. [ICRA]AA 4.49% Cyquator Media Services BWR A1+ (SO) 4.39% Private Ltd. Janalakshmi Financial [ICRA]A 1.95% Total 15.75% Investment Funds/Mutual Funds Baroda Pioneer Liquid Fund [ICRA]A1+mfs 2.74% - Plan B (Direct) - Growth Option Total 2.74% CBLO /Reverse Repo investments 6.70% Total 6.70% Net Receivable/Payable 2.53% Total 2.53% All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND. **Thinly traded / Non traded securities and illiquid securities as defined in SEBI Regulations and Guidelines. 9.40% 15.75% Sovereign CRISIL AAA CARE AAA CRISIL AA+ [ICRA]A BWR A1+ [ICRA]A1+mfs [ICRA]AA+ CARE AA [ICRA]AA- BWR AAA [ICRA]A1 BWR A1+ (SO) CRISIL AA [ICRA]AA Rating Profile 0.46% 1.26% 1.67% 2.53% 2.74% 0.46% 6.70% 2.31% 2.61% 2.69% 2.74% 2.78% 2.89% 5.71% 6.68% 6.71% 9.23% 9.31% instruments 62.42% 15.39% 27.56% BONDS & NCDs Unlisted MONEY MARKET INSTRUMENT CBLO / Reverse Repo Investments Investment Funds/Mutual Funds Cash & Cash Equivalents CENTRAL GOVERNMENT SECURITIES V AS ON 30 NOVEMBER 2017 V (Per Unit) Bonus Growth 13.2113 Dividend - Quarterly 10.8704 Dividend - Monthly 10.8568 Bonus 13.6757 Growth 13.6757 Dividend - Quarterly 11.2620 Dividend - Monthly 11.3047
Baroda Pioneer Gilt Fund An Open Ended Gilt Scheme Investors understand that their principal will be at Moderate risk Credit risk free regular Income over long term Investment only in Government (both Central and State Government) Securities To generate income by investing in a of Government securities. Type of Scheme An Open Ended Gilt Scheme Date of Allotment March 21, 2002 Fund Manager Ms. Hetal Shah # (Experience 15 yrs) % to Net CENTRAL GOVERNMENT SECURITIES 07.59% CGL 2029 Sovereign 17.15% 07.61% CGL 2030 Sovereign 13.19% 07.88% CGL 2030 Sovereign 10.00% 08.24% CGL 2027 Sovereign 7.32% 08.28% CGL 2027 Sovereign 5.52% 08.83% CGL 2023 Sovereign 2.81% 08.60% CGL 2028 Sovereign 1.65% 07.59% CGL 2026 Sovereign 1.11% Total 58.75% STATE GOVERNMENT SECURITIES 09.39% SDL 2023 Sovereign 5.93% Total 5.93% CBLO / Reverse Repo Investments 34.53% Total 34.53% Net Receivable/Payable 0.79% Total 0.79% Sovereign rating profile instruments 35.32% 64.68% 5.93% 0.79% CENTRAL GOVERNMENT SECURITIES Benchmark I SEC-MI BEX Monthly Average 46.50 Crs AUM () Month end AUM () 46.23 Crs Minimum Investment 5,000/- & in multiples of 1/- Exit Load 0.25% if redeemed on or before 1 month (30 days) from the date of allotment of units. Nil if redeemed after 1 month (30 days) from the date of allotment of units and Plan B (Direct) Options Growth (default option in case no option specified by ; Dividend 1.Payout 2.Reinvestment (default suboption Bonus Option $ SIP (Minimum) 500/month - 12 Installments 1500/quarter - 4 Installments 34.53% 58.75% CBLO / Reverse Repo Investments STATE GOVERNMENT SECURITIES Cash & Cash Equivalents V AS ON 30 NOVEMBER 2017 V (Per Unit) Growth 26.6139 Dividend 20.3968 Growth 27.8335 Dividend 24.0961 Portfolio characteristic Average Maturity (Days) 2603.97 Modified Duration (Years) 4.72 Portfolio Yield (%) 7.05 1.98% Plan B (Direct) 1.18% $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19-22 13
Baroda Pioneer Income Fund An Open Ended Income Scheme Investors understand that their principal will be at Moderate risk Regular Income over long term Investment predominantly in good quality Fixed Income Securities by maintaining a balance between Risk & Return. To generate regular income by investing in a of good quality Fixed Income Securities by maintaining a balance between Risk & Return. Type of Scheme An Open Ended Income Scheme Date of Allotment March 21, 2002 Fund Manager Ms. Hetal Shah # (Experience 15 yrs) Benchmark CRISIL Composite Bond Fund Index Monthly Average AUM 22.42 Crs () Month end AUM () 22.23 Crs Minimum Investment 5,000/- & in multiples of 1/- Exit Load If units are redeemed upto 10% of the units, on or before one year from the date of allotment : Nil If units are redeemed over and above the 10% limit, on or before one year from the date of allotment : 1% of the applicable Net Asset Value (V) If units are redeemed after one year from the date of allotment : Nil and Plan B (Direct) Options Growth (default option in case no option specified by ; Dividend 1.Payout 2.Reinvestment (default suboption Bonus Option $ SIP (Minimum) 500/month - 12 Installments 1500/quarter - 4 Installments V AS ON 30 NOVEMBER 2017 V (Per Unit) Growth 26.1892 Dividend 23.0529 Growth 27.2532 Dividend 23.3432 Portfolio characteristic % to Net CENTRAL GOVERNMENT SECURITIES 07.59% CGL 2026 Sovereign 11.51% 08.40% CGL 2024 Sovereign 9.56% 07.88% CGL 2030 Sovereign 9.31% 08.83% CGL 2023 Sovereign 8.76% 08.60% CGL 2028 Sovereign 4.40% 07.59% CGL 2029 Sovereign 2.28% Total 45.82% STATE GOVERNMENT SECURITIES 09.35% SDL 2024 Sovereign 3.69% 08.58% SDL 2023 Sovereign 3.36% 09.39% SDL 2023 Sovereign 2.13% 08.60% SDL 2023 Sovereign 0.63% Total 9.81% BONDS & NCDs IndusInd Bank Ltd. CRISIL AA 9.11% Edelweiss Commodities Dewan Housing Finance Indian Railway Finance [ICRA]AA 8.97% BWR AAA 8.29% CRISIL AAA 8.14% Total 34.51% CBLO / Reverse Repo Investments 7.92% Total 7.92% Net Receivable/Payable 1.94% Total 1.94% All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND. CRISIL AAA BWR AAA [ICRA]AA CRISIL AA Sovereign rating profile 8.14% 8.29% 8.97% 9.11% 9.86% instruments 55.63% 1.94% CENTRAL 7.92% 45.82% GOVERNMENT 9.81% SECURITIES BONDS & NCDs STATE GOVERNMENT SECURITIES CBLO / Reverse Repo Investments Cash & Cash 34.51% Equivalents Average Maturity (Days) 2392.37 Modified Duration (Years) 4.77 Portfolio Yield (%) 7.66 2.51% Plan B (Direct) 1.88% $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19-22 14
Baroda Pioneer Dynamic Bond Fund An Open Ended Income Scheme Investors understand that their principal will be at Moderate risk Regular Income over medium term with providing liquidity Investment in medium to long term corporate bonds and / or government securities and manage the dynamically through different interest rate cycles The investment objective of the scheme is to generate returns with liquidity by managing the dynamically through interest rate cycles. Type of Scheme Date of Allotment June 30, 2012 An Open Ended Income Scheme Fund Manager Mr. Alok Sahoo # (Experience 17 yrs), Ms. Hetal Shah # (Experience 15 yrs) Benchmark CRISIL Composite Bond Fund Index Monthly Average AUM () 23.59 Crs Month end AUM () 21.26 Crs Minimum Investment 5,000/- & in multiples of 1/- Exit Load Options 0.50% if redeemed within 3 months from the date of allotment of units, Nil if redeemed after 3 months from the date of allotment of units and Plan B (Direct) Growth (default option in case no option specified by ; Dividend 1. Payout 2. Reinvestment (default sub-option Bonus Option $ SIP (Minimum) 500/month - 12 Installments 1500/quarter - 4 Installments V AS ON 30 NOVEMBER 2017 V (Per Unit) Growth 16.2187 Dividend 13.3713 Growth 16.8921 Dividend 14.0165 Portfolio characteristic Average Maturity (Days) 1883.12 Modified Duration (Years) 3.71 Portfolio Yield (%) 7.67 1.62% Plan B (Direct) 1.09% % to Net CENTRAL GOVERNMENT SECURITIES 08.28% CGL 2027 Sovereign 12.52% 08.83% CGL 2023 Sovereign 7.65% 07.59% CGL 2029 Sovereign 5.74% 07.59% CGL 2026 Sovereign 4.82% 08.60% CGL 2028 Sovereign 1.54% Total 32.27% STATE GOVERNMENT SECURITIES 09.72% SDL 2023 Sovereign 10.43% Total 10.43% BONDS & NCDs Dewan Housing Finance BWR AAA 9.66% Indian Railway Finance CRISIL AAA 8.53% Janalakshmi Financial [ICRA]A 8.44% IndusInd Bank Ltd. CRISIL AA 4.77% Total 31.40% CBLO / Reverse Repo Investments 24.23% Total 24.23% Net Receivable/Payable 1.67% Total 1.67% All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND. 24.23% CRISIL AAA 10.43% CRISIL AA [ICRA]A BWR AAA Sovereign rating profile 4.77% 8.44% 8.53% 9.66% instruments 25.90% 42.70% 1.67% 32.27% CENTRAL GOVERNMENT SECURITIES BONDS & NCDs CBLO / Reverse Repo Investments 31.40% STATE GOVERNMENT SECURITIES Cash & Cash Equivalents $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19-22 15
Baroda Pioneer Short Term Bond Fund An Open Ended Income Scheme Investors understand that their principal will be at Moderately Low risk Regular Income over short term Investment predominantly in Money Market Instruments (i.e. CP/CD) and Short Term Debt Market Instruments The objective of the Scheme is to generate income from a constituted of short term debt and money market securities. Type of Scheme An Open Ended Income Scheme Date of Allotment June 30, 2010 Fund Manager Mr. Alok Sahoo # (Experience 17 yrs), Ms. Hetal Shah # (Experience 15 yrs) Benchmark CRISIL Short Term Bond Fund Index Monthly Average AUM () 681.79 Crs Month end AUM () 616.34 Crs Minimum Investment 5,000/- & in multiples of 1/- Exit Load 0.25% if redeemed on or before 15 days from the date of allotment of units. Nil if redeemed after 15 days from the date of allotment of units and Plan B (Direct) Options SIP (Minimum) Growth (default option in case no option specified by ; Monthly Dividend^ 1. Payout 2. Reinvestment (default sub-option Quarterly Dividend^ 1. Payout 2. Reinvestment (default sub-option 500/month - 12 Installments 1500/quarter - 4 Installments V AS ON 30 NOVEMBER 2017 V (Per Unit) Growth 18.0881 Dividend 10.0368 Growth 18.6304 Dividend 10.0119 Portfolio characteristic Average Maturity (Days) 489.66 Modified Duration (Years) 1.16 Portfolio Yield (%) 7.90 1.28% Plan B (Direct) 0.60% MONEY MARKET INSTRUMENT Certificate of Deposit** % to Net HDFC Bank Ltd. IND A1+ 2.42% Total 2.42% Commercial Paper** Export-Import Bank of India CRISIL A1+ 7.95% Edelweiss Agri Value Chain Ltd. [ICRA]A1+ 2.37% Peninsula Land Ltd. [ICRA]A1 1.29% Total 11.61% BONDS & NCDs Piramal Enterprises Ltd. [ICRA]AA 5.67% Power Finance CRISIL AAA 5.67% PNB Housing Finance Ltd. IND AAA 5.65% Edelweiss Commodities CARE AA 5.26% Indiabulls Housing Finance Ltd. CARE AAA 4.93% Manappuram Finance Ltd. CRISIL AA- 4.61% Dewan Housing Finance BWR AAA 4.13% L&T Finance Ltd. [ICRA]AA+ 4.07% Tata Capital Financial [ICRA]AA+ 3.89% Housing Development Finance CRISIL AAA 3.29% Edelweiss Commodities [ICRA]AA 2.43% Edelweiss Asset Reconstruction Company Ltd. [ICRA]AA 2.13% Aspire Home Finance CRISIL A+ 1.47% Janalakshmi Financial [ICRA]A 1.16% India Infoline Finance Ltd. [ICRA]AA 1.03% JSW Steel Ltd. CARE AA- 0.83% Power Grid Corporation of India Ltd. CRISIL AAA 0.73% Aspire Home Finance [ICRA]AA- 0.66% Total 57.61% Unlisted IIFL Wealth Finance Ltd. [ICRA]AA 5.81% ARM Infra & Utilities BWR A1+ Private Ltd. (SO) 5.65% Cyquator Media Services BWR A1+ Private Ltd. (SO) 2.43% Janalakshmi Financial [ICRA]A 1.12% Total 15.01% % to Net CBLO / Reverse Repo Investments 10.49% Total 10.49% Net Receivable/Payable 2.86% Total 2.86% All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND. **Thinly traded / Non traded securities and illiquid securities as defined in SEBI Regulations and Guidelines. 11.61% CRISIL AA- CARE AAA CRISIL A1+ [ICRA]AA+ BWR A1+ (SO) CRISIL AAA 10.49% 15.01% [ICRA]A1 CRISIL A+ [ICRA]A [ICRA]A1+ IND A1+ BWR AAA CARE AA IND AAA [ICRA]AA rating profile 2.86% 2.42% 0.66% 0.83% 1.29% 1.47% 2.28% 2.37% 2.42% 4.13% 4.61% 4.93% 5.26% 5.65% CARE AA- [ICRA]AAinstruments 57.61% 7.95% 7.96% 8.08% 9.69% 13.35% 17.07% BONDS & NCDs Unlisted Commercial Paper CBLO / Reverse Repo Investments Cash & Cash Equivalents MONEY MARKET INSTRUMENT ^ The Dividend Option has been renamed as Monthly Dividend Option and a Quarterly Dividend Option has been introduced effective December 23, 2016. $ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19-22 16