Factsheet as on March 2017 Invest Now In Baroda Pioneer Credit Opportunities Fund An Open Ended Debt Scheme Income over medium term. Investment in a mix of debt and money market instruments across the credit and maturity spectrum. about whether the product is suitable for them.
CIO Letter Dear Investors, Warm Greetings! Equity Markets continued to rally with gains of 3% during the month of March, led by favourable election outcome in few states including UP, increase in FII flows during the month and rebound in IIP numbers. During the month, FIIs were net buyers to the tune of USD 4.5bn vs USD 1.5bn in the month of February 2017. In recently concluded elections across five states of India, BJP emerged as a clear winner in two of the five states and formed government in four states i.e. UP, Uttarakhand, Goa and Manipur. Key surprise is the unprecedented victory with 325 of the 403 seats won by BJP in UP, the largest state. With negative vibes emanating from demonetisation, the results indicate that electorate supports Modi Governments development reforms and initiatives to tackle corruption in India. Post these elections, reform agenda may continue for coming years. Internationally the US Fed increased the Fed funds rate (FFR) target range by 25bps to 0.75%-1.00%. The changes to the median FFR remained muted for the years 2017 and 2018. However, the dot plot showed additional dots moving up, signalling greater confidence by committee participants in the outlook for the economy. The Federal Open Market Committee (FOMC) now expects its estimate of long-term average FFR of 3%, which is likely to be met by the year 2019. After contracting to 0.1% in the month of December 2016 industrial production grew 2.7% in January 2017. Manufacturing growth turned around to grow 2.3%. The recovery came in due to double-digit growth in capital goods and strong growth in consumer durables. Basic goods and mining growth also remained buoyant. The contraction in industrial production last month, which was due to the cash crunch, was compensated by the higher-than-anticipated growth this month. After falling for three months in a row, CPI inflation climbed to 3.7% in February 2017 (vs. 3.2% the month prior). Food inflation, which had touched a low 0.6% in January 2017 rose to 2% the month after. Vegetables and pulses were in deflation, at -8.3% and -9%, respectively. Fuel inflation inched up to 3.9%. Services inflation, at 4.9%, was unchanged from the month prior. While non-core inflation more than doubled to 2.3%, core inflation fell slightly to 4.8%. Rural inflation and urban inflation, climbed to 3.7% and 3.6%, respectively. Inflation for 11M FY 2017 was at 4.6%. The ultra-short term rates to trade in are likely to soften bias due to ample liquidity in the system and neutral stance by RBI. We believe that government may take proactive steps to contain food inflation. The CPI is likely to stay below RBI s projection of 5% by end of FY 2017. However, the core inflation may remain sticky. Recent drop in crude and commodity prices and appreciation in rupee is likely to help in containing inflation in near term. The stance of monetary policy is changed to neutral with caution on core inflation. Therefore, RBI may not cut rates in near future. The bond market may trade on range bound in future. We do not expect any rally in the bond market but lower CPI print and fiscal consolidation measures may bring yields down. The key risk to the bond market may be hike in US interest rate and sharp increase in global crude and commodity prices. Future direction will be decided by forthcoming quarterly results. Despite valuations inching up, we remain constructive on equities. Happy Investing! Sanjay Chawla Chief Investment Officer Source : Bloomberg, Economic Times 2 Mr. Sanjay Chawla Chief Investment Officer
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 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 25 yrs) Mr. Dipak Acharya (Experience 12 yrs) Benchmark S&P BSE 200* Monthly Average AUM () Month end AUM () 412.00 Crs 433.40 Crs Exit Load 1% if redeemed on or before 365 days from the date of allotment, Nil if redeemed after 365 days from the date of allotment of units Option A. Growth Option (default option in case no option specified by investor); B. Dividend Option 1. Payout 2. Reinvestment C. Bonus Option $ SIP (Minimum) 500/month - 12 Installments Risk profile 31 MARCH 2017 Standard deviation 14.95% Sharpe @ 0.63 Beta 0.98 Portfolio Turnover (last 12 months) 1.99 V AS ON 31 MARCH 2017 V (Per Unit) Growth 88.5300 Dividend 33.8300 Growth 91.8200 Dividend 33.3000 2.97% Plan B (Direct) 1.65% EQUITY & EQUITY RELATED % to Net HDFC Bank Banks 5.01% HCL Technologies Software 3.85% ITC 3.76% Maruti Suzuki India Auto 3.62% RBL Bank Banks 3.15% State Bank of India Banks 3.05% Petronet LNG Gas 2.80% The Federal Bank Banks 2.75% Indian Oil Corporation Sun Pharmaceutical Mahindra & Mahindra Petroleum 2.69% Pharmaceuticals 2.39% Auto 2.38% Infosys Software 2.37% Britannia 2.34% Tech Mahindra Software 2.34% Axis Bank Banks 2.33% Sun TV Network Media & Entertainment 2.29% Blue Star 2.27% Shriram City Union Finance Finance 2.07% Union Bank of India Banks 2.07% GAIL (India) Gas 2.06% Hindalco Non - Ferrous Metals 2.03% The Ramco Cements Cement 2.02% Multi Commodity Exchange of India Finance 2.02% Mahindra & Mahindra Financial Services Finance 2.00% Bank of Baroda Banks 2.00% ICICI Bank Banks 1.92% Motherson Sumi Systems Auto Ancillaries 1.89% Engineers India Project 1.83% Bharat Forge Industrial 1.81% Pidilite Chemicals 1.70% Larsen & Toubro Project 1.64% Vedanta Non - Ferrous Metals 1.59% Tata Motors Auto 1.57% Sadbhav Engineering Project 1.56% DCB Bank Banks 1.48% Max Financial Services Finance 1.47% Whirlpool of India 1.41% IndusInd Bank Banks 1.32% % to Net Cummins India Industrial 1.10% Capital First Finance 1.09% Healthcare Global Enterprises Rural Electrification Corporation Healthcare Services 1.06% Finance 1.05% Astral Poly Technik Industrial 0.96% Indraprastha Gas Gas 0.94% Hindustan Petroleum Corporation Petroleum 0.91% Eicher Motors Auto 0.89% JSW Steel Ferrous Metals 0.87% HPL Electric & Power 0.62% NBCC (India) 0.56% FAG Bearings India Industrial 0.42% Total 97.32% CBLO / Reverse Repo Investments 2.81% Total 2.81% Net Receivable/Payable -0.13% Total -0.13% Healthcare Services Media & Entertainment Petroleum Non - Ferrous Metals Industrial Project /Ratings Ferrous Metals Chemicals Auto Ancillaries Cement Pharmaceuticals Gas Auto Software Finance Banks 0.56% 0.87% 1.06% 1.70% 1.89% 2.02% 2.29% 2.39% 2.68% 3.60% 3.62% 4.29% 4.30% 5.03% 5.80% 6.10% 8.46% 8.56% 9.70% 25.08% *For Disclaimer please refer page no 22 @risk free rate (FBIL Overnight MIBOR) 7.37% & Mr. Chawla is managing the Scheme along with Mr. Acharya effective November 1, 2015 5
Baroda Pioneer ELSS 96 An Open Ended Tax Benefit - Cum - Growth Scheme 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 25 yrs) Mr. Dipak Acharya (Experience 12 yrs) Benchmark S&P BSE 200 Monthly Average 82.48 Crs AUM () Month end AUM () 88.26 Crs Minimum Investment 500/- & in multiples of 1/- Nil Exit Load Nil A. Growth Option (default Option option in case no option specified by investor); B. Dividend Option C. Bonus Option $ SIP (Minimum) 500/month - 12 Installments Risk profile 31 MARCH 2017 Standard deviation 18.37% Sharpe @ 0.51 Beta 1.01 Portfolio Turnover (last 12 months) 2.20 V AS ON 31 MARCH 2017 V (Per Unit) Dividend 30.1100 Bonus 41.7200 Growth 41.7200 Dividend 35.0100 Bonus 43.9400 Growth 43.9400 3.14% Plan B (Direct) 2.14% EQUITY & EQUITY RELATED % to Net HDFC Bank Banks 4.15% ITC 3.87% HCL Technologies Software 3.52% Maruti Suzuki India Auto 3.46% Shriram City Union Finance Finance 3.12% State Bank of India Banks 3.04% Rural Electrification Corporation Finance 2.81% AIA Engineering Industrial 2.74% Indian Oil Corporation Petroleum 2.67% Tech Mahindra Software 2.38% The Federal Bank Banks 2.37% Infosys Software 2.35% Max Financial Services Finance 2.32% Petronet LNG Gas 2.32% Sun TV Network Media & Entertainment 2.28% Axis Bank Banks 2.26% Mahindra & Mahindra Auto 2.22% Union Bank of India Banks 2.15% Radico Khaitan 2.14% IDFC Bank Banks 2.12% Multi Commodity Exchange of India Finance 2.08% Hindalco Non - Ferrous Metals 2.02% RBL Bank Banks 1.99% ICICI Bank Banks 1.91% Sintex Industrial 1.83% Pidilite Chemicals 1.81% Blue Star 1.77% Motherson Sumi Systems Auto Ancillaries 1.77% Engineers India Project 1.66% Mahindra & Mahindra Financial Services Finance 1.63% Sun Pharmaceutical Pharmaceuticals 1.58% Britannia 1.55% The Ramco Cements Cement 1.55% Larsen & Toubro Project 1.36% GAIL (India) Gas 1.30% Vedanta Non - Ferrous Metals 1.27% Bajaj Electricals 1.26% Apollo Tyres Auto Ancillaries 1.20% DCB Bank Banks 1.18% HPL Electric & Power Whirlpool of India % to Net 1.10% 1.05% IPCA Laboratories Pharmaceuticals 1.01% Capital First Finance 0.99% Mcleod Russel India Hindustan Petroleum Corporation Petroleum 0.96% 0.91% Eicher Motors Auto 0.88% Sadbhav Engineering Project 0.88% Tata Motors Auto 0.81% NBCC (India) 0.79% Symphony 0.79% Bharat Forge Industrial 0.60% Total 95.78% CBLO / Reverse Repo Investments 2.09% Total 2.09% Net Receivable/Payable 2.13% Total 2.13% Media & Entertainment Non - Ferrous Metals Petroleum Project Industrial /Ratings Cement Chemicals Pharmaceuticals Auto Ancillaries Gas Auto Software Finance Banks 0.79% 1.55% 1.81% 2.28% 2.59% 2.97% 3.29% 3.58% 3.62% 3.90% 4.22% 5.17% 5.97% 7.37% 8.25% 8.52% 12.95% 21.17% @risk free rate (FBIL Overnight MIBOR) 7.37% & 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 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 25 yrs) Mr. Dipak Acharya (Experience 12 yrs) Benchmark S&P BSE Mid-cap index* Monthly Average AUM () 31.19 Crs Month end AUM () 32.78 Crs 5,000/- & in multiples of 1/- Minimum Investment 1.00% if redeemed on or before 365 Exit Load days from the date of allotment of units, Nil if redeemed after 365 days from the date of allotment of units Option A. Growth Option (default option in case no option specified by investor); B. Dividend Option 1. Payout; 2. Reinvestment (default sub-option in case no option specified by investor) C. Bonus Option $ SIP (Minimum) 500/month - 12 Installments Risk profile 31 MARCH 2017 Standard deviation 19.43% Sharpe @ 0.02 Beta 1.00 Portfolio Turnover (last 12 months) 2.58 V AS ON 31 MARCH 2017 V (Per Unit) Growth 8.3900 Dividend 8.3900 Growth 8.6700 Dividend 8.6700 3.18% Plan B (Direct) 2.34% % to Net EQUITY & EQUITY RELATED PTC India Power 4.28% Multi Commodity Exchange of India Finance 3.68% AIA Engineering Industrial 3.63% Rural Electrification Corporation Finance 3.59% Kajaria Ceramics 3.56% Whirlpool of India 3.36% Essel Propack Industrial 3.26% Syngene International Pharmaceuticals 3.18% RBL Bank Banks 3.02% Arvind Textile 3.01% Mahindra & Mahindra Financial Services Finance 2.88% Gulf Oil Lubricants India Petroleum 2.84% The Federal Bank Banks 2.79% The Indian Hotels Company Hotels, Resorts And Other Recreational Activities 2.71% Crompton Greaves Electricals 2.65% Max Financial Services Finance 2.64% NRB Bearings Industrial 2.31% Blue Star 2.30% Shriram City Union Finance Finance 2.26% IDFC Bank Banks 2.26% V.S.T Tillers Tractors Auto 2.19% Cyient Software 2.14% Radico Khaitan 2.10% Engineers India Project 1.98% Schneider Electric Infrastructure Industrial Capital Goods 1.95% Dhanuka Agritech Pesticides 1.94% Tube Investments of India Auto Ancillaries 1.92% JK Cement Cement 1.81% Sintex Industrial 1.61% Bharat Forge Industrial 1.59% Indraprastha Gas Gas 1.55% IPCA Laboratories Pharmaceuticals 1.52% Igarashi Motors India Auto Ancillaries 1.48% BEML Industrial Capital Goods 1.45% Johnson Controls-Hitachi Air Conditioning India 1.44% Union Bank of India Banks 1.43% NBCC (India) 1.31% DCB Bank Banks 1.30% IFCI Finance 1.18% % to Net TVS Srichakra Auto Ancillaries 1.07% The Ramco Cements Cement 1.03% Mcleod Russel India 1.01% Dynamatic Technologies Auto Ancillaries 0.72% Symphony 0.70% Carborundum Universal Industrial 0.66% Oriental Bank of Commerce Banks 0.32% Total 97.61% NTPC CRISIL AAA 0.40% Total 0.40% CBLO / Reverse Repo Investments 2.11% Total 2.11% Net Receivable/Payable -0.12% Total -0.12% /Ratings CRISIL AAA Gas Pesticides Project Software Auto Hotels, Resorts And Other Recreational Activities Cement Petroleum Textile Industrial Capital Goods Power Pharmaceuticals Auto Ancillaries Banks Industrial Finance 0.40% 1.55% 1.94% 1.98% 1.99% 2.14% 2.19% 2.71% 2.84% 2.84% 3.01% 3.11% 3.40% 4.28% 4.70% 4.87% 5.19% 10.45% 11.12% 13.06% 16.23% *For Disclaimer please refer page no 22 @risk free rate (FBIL Overnight MIBOR) 7.37% 7
Baroda Pioneer Large Cap Fund An Open Ended Equity Scheme /Ratings 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 25 yrs) Mr. Dipak Acharya (Experience 12 yrs) Benchmark Nifty 100 (For disclaimer refer pg 22) Monthly Average AUM () 22.17 Crs Month end AUM () 23.96 Crs 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) A. Growth Option (default option in case no option specified by investor); B. Dividend Option 1. Payout; 2. Reinvestment (default sub-option in case no option specified by investor) C. Bonus Option $ 500/month - 12 Installments Risk profile 31 MARCH 2017 Standard deviation 18.33% Sharpe @ 0.45 Beta 1.08 Portfolio Turnover (last 12 months) 2.81 V (Per Unit) V AS ON 31 MARCH 2017 Growth 12.8800 Dividend 11.8600 Growth 13.2200 Dividend 12.1900 % to Net EQUITY & EQUITY RELATED Indian Oil Corporation Petroleum 7.30% ITC 6.46% State Bank of India Banks 5.54% HDFC Bank Banks 5.44% Larsen & Toubro Project 5.28% ICICI Bank Banks 4.64% Axis Bank Banks 4.53% Maruti Suzuki India Auto 4.41% Sun Pharmaceutical Pharmaceuticals 3.75% HCL Technologies Software 3.67% Tech Mahindra Software 3.66% Tata Motors Auto 2.84% Infosys Software 2.57% Adani Ports and Special Economic Zone Transportation 2.49% Cipla Pharmaceuticals 2.49% Zee Entertainment Enterprises Hindalco Colgate Palmolive (India) Media & Entertainment Non - Ferrous Metals 2.47% 2.45% 2.30% Mahindra & Mahindra Auto 2.16% Eicher Motors Auto 2.15% Nestle India 2.10% Power Grid Corporation of India Power 2.07% Cummins India Industrial 1.99% JSW Steel Ferrous Metals 1.97% Tata Power Company Power 1.89% Vedanta Non - Ferrous Metals 1.73% Kotak Mahindra Bank Banks 1.65% GAIL (India) Gas 1.48% Bank of Baroda Banks 1.45% Coal India Minerals/Mining 0.92% Siemens Industrial Capital Goods 0.79% Hindustan Petroleum Corporation Petroleum 0.77% Total 95.41% NTPC CRISIL AAA 0.25% Total 0.25% CBLO / Reverse Repo Investments 4.27% Total 4.27% Net Receivable/Payable 0.07% Total 0.07% All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND. CRISIL AAA Industrial Capital Goods Minerals/Mining Gas Ferrous Metals Industrial Media & Entertainment Transportation Power Non - Ferrous Metals Project Pharmaceuticals Petroleum Software Auto Banks 0.25% 0.79% 0.92% 1.48% 1.97% 1.99% 2.47% 2.49% 3.96% 4.18% 4.34% 5.28% 6.24% 8.07% 9.90% 10.86% 11.56% 23.25% 3.27% Plan B (Direct) 2.25% @risk free rate (FBIL Overnight MIBOR) 7.37% 8
Baroda Pioneer Banking and Financial Services Fund An Open Ended Sectoral Scheme /Ratings 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 12 yrs) Benchmark Nifty Bank Index* Monthly Average AUM () 40.61 Crs Month end AUM () 41.16 Crs 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 EQUITY & EQUITY RELATED % to Net HDFC Bank Banks 21.01% State Bank of India Banks 10.68% ICICI Bank Banks 10.08% Kotak Mahindra Bank Banks 7.41% Axis Bank Banks 7.15% IndusInd Bank Banks 6.05% Yes Bank Banks 5.63% Rural Electrification Finance 4.39% Corporation Bank of Baroda Banks 3.57% The Federal Bank Banks 3.33% IDFC Bank Banks 3.24% Multi Commodity Finance 2.92% Exchange of India RBL Bank Banks 2.40% Mahindra & Mahindra Finance 2.29% Financial Services Union Bank of India Banks 2.27% IFCI Finance 1.80% Bank of India Banks 1.69% Credit Analysis and Finance 1.23% Research Oriental Bank of Commerce Banks 1.03% Total 98.17% CBLO / Reverse Repo Investments 2.35% Total 2.35% Net Receivable/Payable -0.52% Total -0.52% Finance Banks 1.83% 12.63% 85.54% Option A. Growth Option (default option in case no option specified by investor); B. Dividend Option 1. Payout; 2. Reinvestment (default sub-option in case no option specified by investor) C. Bonus Option $ SIP (Minimum) 500/month - 12 Installments Risk profile 31 MARCH 2017 Standard deviation 19.59% Sharpe @ 0.60 Beta 0.92 Portfolio Turnover (last 12 months) 1.99 V AS ON 31 MARCH 2017 V (Per Unit) Growth 18.9900 Dividend 16.1500 Bonus 18.9900 Growth 19.6500 Dividend 16.7600 Bonus 3.01% Plan B (Direct) 1.75% *For Disclaimer please refer page no 22 @risk free rate (FBIL Overnight MIBOR) 7.37% 9
Baroda Pioneer Balance Fund An Open Ended Balanced Scheme 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 25 yrs) Mr. Dipak Acharya (Experience 12 yrs) Benchmark CRISIL Balanced Fund Aggressive index (effective April 4, 2016) Monthly Average AUM () 215.73 Crs Month end AUM () 238.86 Crs Exit Load 1% if redeemed on or before 365 days from the date of allotment, Nil if redeemed after 365 days from the date of allotment of units Option A. Growth Option (default option in case no option specified by investor); B. Dividend Option 1. Payout; 2. Reinvestment (default sub-option in case no option specified by investor) C. Bonus Option $ SIP (Minimum) 500/month - 12 Installments Risk profile 31 MARCH 2017 Standard deviation 11.35% Sharpe @ 0.58 Beta 1.07 Portfolio Turnover (last 12 months) 3.07 V AS ON 31 MARCH 2017 V (Per Unit) Growth 49.8300 Dividend 17.6600 Bonus Growth 52.1200 Dividend 19.0000 2.98% Plan B (Direct) 0.97% @risk free rate (FBIL Overnight MIBOR) 7.37% & Mr. Chawla is managing the Scheme along with Mr. Acharya effective November 1, 2015 10 % to Net EQUITY & EQUITY RELATED HDFC Bank Banks 3.98% ITC 3.80% Maruti Suzuki India Auto 3.19% Sun TV Network Media & Entertainment 2.35% Petronet LNG Gas 2.14% Axis Bank Banks 2.08% Bharat Forge Industrial 1.99% Union Bank of India Banks 1.85% KEC International Project 1.77% HCL Technologies Software 1.76% Radico Khaitan 1.75% AIA Engineering Industrial 1.68% Syngene International Pharmaceuticals 1.66% State Bank of India Banks 1.62% Whirlpool of India 1.55% The Federal Bank Banks 1.55% Indian Oil Corporation Petroleum 1.48% Sun Pharmaceutical Pharmaceuticals 1.46% Eicher Motors Auto 1.36% Rural Electrification Corporation Finance 1.34% D.B.Corp Media & Entertainment 1.30% IDFC Bank Banks 1.26% Hindalco Non - Ferrous Metals 1.24% Mahindra & Mahindra Auto 1.23% Engineers India Project 1.22% Shriram City Union Finance Finance 1.22% Mahindra & Mahindra Financial Services Finance 1.20% JSW Steel Ferrous Metals 1.20% ICICI Bank Banks 1.17% Multi Commodity Exchange of India Finance 1.15% GAIL (India) Gas 1.15% The Ramco Cements Cement 1.14% Sintex Industrial 1.12% Hindustan Petroleum Corporation Petroleum 1.11% Max Financial Services Finance 1.10% Tech Mahindra Software 1.07% Bajaj Electricals 1.06% RBL Bank Banks 1.05% Larsen & Toubro Project 1.03% Mcleod Russel India 0.99% DCB Bank Banks 0.90% Pidilite Chemicals 0.89% Bank of India Banks 0.89% Blue Star 0.87% Vedanta Non - Ferrous Metals 0.82% NBCC (India) 0.80% % to Net Healthcare Global Healthcare Enterprises Services 0.78% Tata Motors Auto 0.78% VIP 0.76% Motherson Sumi Systems Auto Ancillaries 0.74% IPCA Laboratories Pharmaceuticals 0.66% HPL Electric & Power 0.40% Total 72.66% CENTRAL GOVERNMENT SECURITIES 7.61% CGL 2030 Sovereign 4.39% 7.59% CGL 2026 Sovereign 2.22% 7.88% CGL 2030 Sovereign 0.80% 8.24% CGL 2027 Sovereign 0.59% 8.83% CGL 2023 Sovereign 0.23% 8.60% CGL 2028 Sovereign 0.05% 8.28% CGL 2027 Sovereign 0.05% Total 8.33% ICICI Bank [ICRA]AA+ 6.37% IndusInd Bank CRISIL AA 6.36% Vijaya Bank [ICRA]AA- 2.14% Dewan Housing Finance Corporation BWR AAA 0.84% Rural Electrification Corporation CRISIL AAA 0.39% Total 16.10% CBLO / Reverse Repo Investments 3.04% Total 3.04% Net Receivable/Payable -0.13% Total -0.13% All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND. CRISIL AAA Auto Ancillaries Healthcare Services BWR AAA Chemicals Cement Ferrous Metals Non - Ferrous Metals [ICRA]AA- Petroleum Software Gas Media & Entertainment Pharmaceuticals Project Industrial Finance CRISIL AA [ICRA]AA+ Auto Sovereign Banks /Ratings 0.39% 0.74% 0.78% 0.80% 0.84% 0.89% 1.14% 1.20% 2.06% 2.14% 2.59% 2.83% 2.91% 3.29% 3.65% 3.78% 4.02% 4.64% 4.79% 6.01% 6.36% 6.37% 6.54% 6.56% 8.33% 16.35%
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.) 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 12 yrs) Benchmark CRISIL MIP Blended Index Monthly Average AUM () 17.52 Crs Month end AUM () 17.51 Crs Exit Load NIL Options Growth Monthly Dividend 1. Payout 2. Reinvestment Quarterly Dividend 1. Payout 2. Reinvestment Bonus Option $ SIP (Minimum) 500/month - 12 Installments V AS ON 31 MARCH 2017 V (Per Unit) Growth 21.1416 Dividend - Monthly 13.5771 Dividend - Quarterly 13.1533 Growth 21.8997 Dividend - Monthly 13.8401 Dividend - Quarterly 13.4456 Portfolio characteristic Average Maturity (Days) 3015.66 Modified Duration (Years) 5.49 Portfolio Yield (%) 7.55 2.35% Plan B (Direct) 1.38% % to Net EQUITY & EQUITY RELATED Multi Commodity Exchange of Finance India 0.76% HDFC Bank Banks 0.66% ITC 0.64% Indian Oil Corporation Petroleum 0.61% State Bank of India Banks 0.59% Nestle India 0.57% Mahindra & Mahindra Auto 0.55% Apollo Tyres Auto Ancillaries 0.54% Tech Mahindra Software 0.52% Max Financial Services Finance 0.49% Petronet LNG Gas 0.46% AIA Engineering Industrial 0.45% Axis Bank Banks 0.42% Bank of India Banks 0.40% Bank of Baroda Banks 0.39% The Federal Bank Banks 0.39% BEML Industrial Capital Goods 0.39% Union Bank of India Banks 0.36% Maruti Suzuki India Auto 0.34% ICICI Bank Banks 0.32% Vedanta Non - Ferrous Metals 0.31% VIP 0.28% IPCA Laboratories Pharmaceuticals 0.18% Total 10.62% CENTRAL GOVERNMENT SECURITIES 8.60% CGL 2028 Sovereign 18.73% 7.61% CGL 2030 Sovereign 17.71% 7.88% CGL 2030 Sovereign 14.89% 7.59% CGL 2026 Sovereign 5.97% 8.24% CGL 2027 Sovereign 3.05% 7.59% CGL 2029 Sovereign 2.91% Total 63.26% IndusInd Bank CRISIL AA 5.70% India Infoline Housing Finance [ICRA]AA 4.28% Power Grid Corporation of India CRISIL AAA 3.63% IIFL Facilities Services [ICRA]AA 3.47% IDBI Bank CRISIL A 3.36% Total 20.44% CBLO / Reverse Repo Investments 5.22% Total 5.22% Net Receivable/Payable 0.46% % to Net Total 0.46% All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND. Industrial Capital Goods 20.44% Non - Ferrous Metals Industrial Petroleum 10.62% Pharmaceuticals Rating Profile Gas Software Auto Ancillaries Auto Finance CRISIL A Banks CRISIL AAA CRISIL AA [ICRA]AA Sovereign 0.18% 0.28% 0.31% 0.39% 0.45% 0.46% 0.52% 0.54% 0.61% 0.89% 1.21% 1.25% 3.36% 3.53% 3.63% 5.68% 5.70% 7.75% instruments 63.26% 63.26% 5.22% 0.46% CENTRAL GOVERNMENT SECURITIES EQUITY & EQUITY RELATED CBLO / Reverse Repo Investments Cash & Cash Equivalents *Monthly income is not assured and is subject to the availability of distributable surplus. 11
Baroda Pioneer Credit Opportunities Fund An Open Ended Debt Scheme 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 13 yrs), Ms. Hetal Shah # (Experience 12 yrs) Benchmark Monthly Average AUM () Month end AUM () CRISIL Short Term Bond Fund Index 499.50 Crs 516.46 Crs Exit Load Options 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. Growth Monthly Dividend 1.Payout 2.Reinvestment Quarterly Dividend 1.Payout 2.Reinvestment Bonus Option $ % to Net MONEY MARKET INSTRUMENT Commercial Paper** Peninsula Land [ICRA]A1 6.46% Adani Enterprises BWR A1+ 5.75% Total 12.21% CENTRAL GOVERNMENT SECURITIES 7.61% CGL 2030 Sovereign 2.22% 7.59% CGL 2026 Sovereign 1.74% 8.40% CGL 2024 Sovereign 0.63% Total 4.59% Dewan Housing Finance Corporation BWR AAA 7.64% Aspire Home Finance Corporation [ICRA]AA- 7.57% IIFL Facilities Services [ICRA]AA 7.02% Apollo Hospitals Enterprise CRISIL AA 6.47% IndusInd Bank CRISIL AA 5.85% Power Finance Corporation CRISIL AAA 4.96% Edelweiss Housing Finance [ICRA]AA 4.90% ICICI Bank [ICRA]AA+ 4.89% Edelweiss Commodities Services CARE AA 4.15% India Infoline Housing Finance CRISIL AA 2.10% Janalakshmi Financial Services [ICRA]A+ 1.20% IDBI Bank CRISIL A 0.21% Total 56.96% Unlisted ARM Infra & Utilities Private BWR A1+ (SO) 6.47% Tanglin Developments BWR A+ (SO) 4.99% Indian Railway Finance CRISIL AAA 4.18% Corporation Janalakshmi Financial Services [ICRA]A+ 3.66% Total 19.30% Investment Funds/Mutual Funds Baroda Pioneer Liquid Fund - [ICRA]A1+mfs 3.91% Plan B (Direct) - Growth Option Total 3.91% CBLO /Reverse Repo investments 0.67% Total 0.67% Net Receivable/Payable 2.36% Total 2.36% 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. 12.21% 19.30% CRISIL A Unrated CARE AA Sovereign [ICRA]A+ [ICRA]AA+ BWR A+ (SO) BWR A1+ [ICRA]A1 BWR A1+ (SO) [ICRA]AA- BWR AAA CRISIL AAA [ICRA]AA CRISIL AA Rating Profile 0.21% 2.36% 3.91% 0.67% 4.59% 3.03% 3.91% 4.15% 4.59% 4.86% 4.89% 4.99% 5.75% 6.46% 6.47% instruments 56.96% 7.57% 7.64% 9.14% 11.92% 14.42% Unlisted V AS ON 31 MARCH 2017 Commercial Paper CENTRAL GOVERNMENT SECURITIES Investment Funds/Mutual Funds Cash & Cash Equivalents CBLO / Reverse Repo Investments V (Per Unit) Bonus Growth 12.5294 Dividend - Quarterly 10.7155 Dividend - Monthly 10.9085 Bonus 12.8650 Growth 12.8650 Dividend - Quarterly 10.9987 Dividend - Monthly 11.2441 SIP (Minimum) 500/month - 12 Installments Portfolio characteristic Average Maturity (Days) 1596.67 Modified Duration (Years) 3.13 Portfolio Yield (%) 9.03 1.99% Plan B (Direct) 0.54% 12
Baroda Pioneer Gilt Fund An Open Ended Gilt Scheme 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 12 yrs) Benchmark Monthly Average AUM () Month end AUM () I SEC-MI BEX 47.43 Crs 47.47 Crs Exit Load Options 0.25% if redeemed on or before 1 month (30 days) from the date of allotment. Nil if redeemed after 1 month (30 days) from the date of allotment Growth Dividend 1.Payout 2.Reinvestment Bonus Option $ SIP (Minimum) 500/month - 12 Installments V AS ON 31 MARCH 2017 V (Per Unit) Growth 25.7951 Dividend 19.7693 Growth 26.8293 Dividend 23.2268 Portfolio characteristic Average Maturity (Days) 2831.93 Modified Duration (Years) 5.21 Portfolio Yield (%) 6.73 2.17% Plan B (Direct) 0.95% % to Net CENTRAL GOVERNMENT SECURITIES 7.59% CGL 2029 Sovereign 16.80% 7.59% CGL 2026 Sovereign 15.44% 7.88% CGL 2030 Sovereign 9.81% 8.33% CGL 2026 Sovereign 7.92% 8.24% CGL 2027 Sovereign 7.21% 8.28% CGL 2027 Sovereign 5.43% 8.83% CGL 2023 Sovereign 2.77% 7.61% CGL 2030 Sovereign 2.18% 8.60% CGL 2028 Sovereign 1.61% Total 69.17% STATE GOVERNMENT SECURITIES 9.39% SDL 2023 Sovereign 5.75% Total 5.75% CBLO / Reverse Repo Investments 24.18% Total 24.18% Net Receivable/Payable 0.90% Total 0.90% 24.18% Sovereign rating profile 25.08% instruments 5.75% 0.90% CENTRAL GOVERNMENT SECURITIES 69.17% 74.92% CBLO / Reverse Repo Investments STATE GOVERNMENT SECURITIES Cash & Cash Equivalents 13
Baroda Pioneer Income Fund An Open Ended Income Scheme 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 12 yrs) Benchmark CRISIL Composite Bond Fund Index Monthly Average AUM 25.28 Crs () Month end AUM () 24.97 Crs Exit Load 1% if redeemed on or before 365 days from the date of allotment. Nil if redeemed after 365 days from the date of allotment Options SIP (Minimum) Growth Dividend 1.Payout 2.Reinvestment Bonus Option $ 500/month - 12 Installments V AS ON 31 MARCH 2017 V (Per Unit) Growth 25.4825 Dividend 22.4308 Growth 26.4108 Dividend 22.6218 Portfolio characteristic Average Maturity (Days) 3152.92 Modified Duration (Years) 6.23 Portfolio Yield (%) 7.90 2.69% Plan B (Direct) 1.79% % to Net CENTRAL GOVERNMENT SECURITIES 7.59% CGL 2026 Sovereign 10.49% 8.40% CGL 2024 Sovereign 8.65% 7.88% CGL 2030 Sovereign 8.37% 7.61% CGL 2030 Sovereign 8.29% 8.83% CGL 2023 Sovereign 7.90% 8.33% CGL 2026 Sovereign 6.46% 8.60% CGL 2028 Sovereign 3.95% 7.59% CGL 2029 Sovereign 2.05% Total 56.16% STATE GOVERNMENT SECURITIES 9.35% SDL 2024 Sovereign 3.30% 8.58% SDL 2023 Sovereign 2.98% 9.39% SDL 2023 Sovereign 1.89% 8.60% SDL 2023 Sovereign 0.56% Total 8.73% IDBI Bank CRISIL A 9.04% IndusInd Bank CRISIL AA 8.01% Dewan Housing Finance Corporation BWR AAA 7.21% Total 24.26% Unlisted Indian Railway Finance Corporation CRISIL AAA 8.17% Total 8.17% CBLO / Reverse Repo Investments 0.53% Total 0.53% Net Receivable/Payable 2.15% Total 2.15% All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND. 8.73% 24.26% BWR AAA CRISIL AA CRISIL AAA CRISIL A Sovereign rating profile 2.68% 7.21% 8.01% 8.17% 9.04% instruments 8.17% 2.15% 0.53% CENTRAL GOVERNMENT SECURITIES 56.16% 64.89% STATE GOVERNMENT SECURITIES Unlisted Cash & Cash Equivalents CBLO / Reverse Repo Investments 14
Baroda Pioneer Dynamic Bond Fund An Open Ended Income Scheme 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 Fund Manager Benchmark Monthly Average AUM () 25.91 Crs Month end AUM () An Open Ended Income Scheme Mr. Alok Sahoo # (Experience 13 yrs), Ms. Hetal Shah # (Experience 12 yrs) CRISIL Composite Bond Fund Index 25.62 Crs 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 Growth Dividend 1. Payout 2. Reinvestment Bonus Option $ SIP (Minimum) 500/month - 12 Installments V AS ON 31 MARCH 2017 V (Per Unit) Growth 15.5774 Dividend 12.8426 Growth 16.1685 Dividend 13.4160 Portfolio characteristic Average Maturity (Days) 2831.17 Modified Duration (Years) 5.51 Portfolio Yield (%) 8.00 1.87% Plan B (Direct) 1.07% % to Net CENTRAL GOVERNMENT SECURITIES 7.61% CGL 2030 Sovereign 12.13% 8.28% CGL 2027 Sovereign 10.48% 8.83% CGL 2023 Sovereign 6.42% 7.59% CGL 2029 Sovereign 4.79% 7.59% CGL 2026 Sovereign 4.09% 8.60% CGL 2028 Sovereign 1.28% Total 39.19% STATE GOVERNMENT SECURITIES 9.72% SDL 2023 Sovereign 21.57% Total 21.57% Dewan Housing Finance Corporation BWR AAA 7.81% IndusInd Bank CRISIL AA 7.80% Janalakshmi Financial Services [ICRA]A+ 7.17% IDBI Bank CRISIL A 3.83% L&T Finance [ICRA]AA+ 0.98% Total 27.59% Unlisted Indian Railway Finance Corporation CRISIL AAA 7.97% Total 7.97% CBLO / Reverse Repo Investments 1.54% Total 1.54% Net Receivable/Payable 2.14% Total 2.14% All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND. 21.57% [ICRA]AA+ CRISIL A [ICRA]A+ CRISIL AA BWR AAA CRISIL AAA Sovereign rating profile 0.98% 2.14% 1.54% 7.97% 27.59% 3.68% 3.83% 7.17% 7.80% 7.81% 7.97% instruments 39.19% 60.76% CENTRAL GOVERNMENT SECURITIES STATE GOVERNMENT SECURITIES Unlisted Cash & Cash Equivalents CBLO / Reverse Repo Investments 15
Baroda Pioneer Short Term Bond Fund An Open Ended Income Scheme 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 Date of Allotment June 30, 2010 Fund Manager Benchmark Monthly Average AUM () 334.14 Crs Month end AUM () An Open Ended Income Scheme Mr. Alok Sahoo # (Experience 13 yrs), Ms. Hetal Shah # (Experience 12 yrs) CRISIL Short Term Bond Fund Index 301.85 Crs Exit Load 0.25% if redeemed on or before 15 days from the date of allotment. Nil if redeemed after 15 days from the date of allotment Options SIP (Minimum) Growth Monthly Dividend^ Quarterly Dividend^ 1. Payout 2. Reinvestment 500/month - 12 Installments V AS ON 31 MARCH 2017 V (Per Unit) Growth 17.2540 Dividend 10.1383 Growth 17.6882 Dividend 10.1257 Portfolio characteristic Average Maturity (Days) 568.34 Modified Duration (Years) 1.25 Portfolio Yield (%) 8.98 1.28% Plan B (Direct) 0.50% MONEY MARKET INSTRUMENT Certificate of Deposit** % to Net IndusInd Bank CRISIL A1+ 8.32% Vijaya Bank CARE A1+ 3.34% Oriental Bank of CRISIL A1+ 3.34% Commerce Total 15.00% Commercial Paper** Peninsula Land [ICRA]A1 9.65% IIFL Facilities Services CRISIL A1+ 7.80% Adani Enterprises BWR A1+ 6.68% Total 24.13% Manappuram Finance CRISIL AA- 9.52% Dewan Housing Finance Corporation BWR AAA 8.44% Indiabulls Housing Finance BWR AAA 6.77% JSW Steel CARE AA- 5.46% Edelweiss Asset Reconstruction Company [ICRA]AA 4.45% Edelweiss Commodities Services CARE AA 3.76% Aspire Home Finance Corporation CRISIL A+ 3.09% Janalakshmi Financial Services [ICRA]A+ 2.48% India Infoline Finance [ICRA]AA 2.14% Power Grid Corporation of India Power Finance Corporation Aspire Home Finance Corporation India Infoline Housing Finance CRISIL AAA 1.89% CRISIL AAA 1.72% [ICRA]AA- 1.38% CRISIL AA 0.88% Vedanta CRISIL AA- 0.34% Rural Electrification Corporation CRISIL AAA 0.20% Total 52.52% Unlisted Tanglin Developments BWR A+ (SO) 3.38% Janalakshmi Financial Services [ICRA]A+ 2.46% Total 5.84% CBLO / Reverse Repo Investments 0.95% Total 0.95% % to Net Net Receivable/Payable 1.56% Total 1.56% 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. 15.00% 24.13% CRISIL AA CARE AA- [ICRA]AA- CRISIL A+ CARE A1+ BWR A+ (SO) CARE AA CRISIL AAA [ICRA]A+ [ICRA]AA BWR A1+ [ICRA]A1 CRISIL AA- BWR AAA CRISIL A1+ rating profile 1.56% 5.84% 0.95% 0.88% 1.38% 2.51% 3.09% 3.34% 3.38% 3.76% 3.81% 4.94% 5.46% 6.59% 6.68% instruments 52.52% 9.65% 9.86% 15.21% 19.46% Commercial Paper Certificate of Deposit Unlisted Cash & Cash Equivalents CBLO / Reverse Repo Investments ^ The Dividend Option has been renamed as Monthly Dividend Option and a Quarterly Dividend Option has been introduced effective December 23, 2016. 16
Baroda Pioneer Treasury Advantage Fund An Open Ended Debt Scheme [ICRA] A1+ mfs* % to Net % to Net Moderately Low risk Regular income over short term with maintaining a balance between returns and liquidity Investment predominantly in Money Market (i.e. CP/ CDs) and Debt Market Instruments The main objective of the scheme is to provide optimal returns and liquidity through a comprising of debt securities and money market instruments Type of Scheme Date of Allotment June 24, 2009 An Open Ended Debt Scheme Fund Manager Mr. Alok Sahoo # (Experience 13 yrs), Ms. Hetal Shah # (Experience 12 yrs) Benchmark Monthly Average AUM () Month end AUM () CRISIL Liquid Fund Index 2,205.29 Crs 1,559.09 Crs Exit Load Nil Options Growth Daily Dividend 1.Reinvestment Weekly Dividend 1.Reinvestment Monthly Dividend 1.Payout 2.Reinvestment Quarterly Dividend 1.Payout 2.Reinvestment Bonus Option $ SIP (Minimum) 500/month - 12 Instalments 1500/quarter - 4 Instalments Portfolio characteristic Average Maturity (Days) 588.45 Modified Duration (Years) 1.18 Portfolio Yield (%) 8.00 0.86% Plan B (Direct) 0.56% MONEY MARKET INSTRUMENT Certificate of Deposit** Vijaya Bank CARE A1+ 8.02% IndusInd Bank CRISIL A1+ 7.99% Oriental Bank of Commerce CRISIL A1+ 3.21% Credit Suisse Ag CRISIL A1+ 1.58% Total 20.80% Commercial Paper** Adani Enterprises BWR A1+ 7.65% Peninsula Land [ICRA]A1 3.36% Vedanta CRISIL A1+ 3.21% Housing Development Finance Corporation CRISIL A1+ 3.09% IIFL Facilities Services CRISIL A1+ 2.25% Godrej Properties [ICRA]A1+ 1.59% Total 21.15% India Infoline Housing Finance [ICRA]AA 9.44% India Infoline Housing Finance CRISIL AA 1.47% Dewan Housing Finance Corporation BWR AAA 9.20% Indiabulls Housing Finance BWR AAA 0.32% Indiabulls Housing Finance CARE AAA 6.66% Aspire Home Finance Corporation [ICRA]AA- 3.86% Aspire Home Finance Corporation CRISIL A+ 1.05% Apollo Hospitals Enterprise CRISIL AA 4.56% Power Finance Corporation CRISIL AAA 3.97% Edelweiss Commodities Services [ICRA]AA 0.60% Edelweiss Commodities Services CARE AA 2.82% Manappuram Finance CRISIL AA- 3.07% Janalakshmi Financial Services [ICRA]A+ 2.31% JSW Steel CARE AA- 2.29% Piramal Enterprises [ICRA]AA 2.01% Edelweiss Asset Reconstruction Company [ICRA]AA 0.79% ICICI Bank [ICRA]AA+ 0.65% India Infoline Finance [ICRA]AA 0.62% Rural Electrification Corporation CRISIL AAA 0.56% Power Grid Corporation of India CRISIL AAA 0.49% Steel Authority of India IND AA 0.33% Total 57.07% Unlisted Power Finance Corporation CRISIL AAA 6.50% ARM Infra & Utilities Private BWR A1+ (SO) 1.11% Tanglin Developments BWR A+ (SO) 0.94% Powergrid Vizag Transmission CRISIL AAA (SO) 0.67% Total 9.22% CBLO / Reverse Repo Investments 0.12% Total 0.12% Net Receivable/Payable -8.36% Total -8.36% 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. 20.80% 9.22% CRISIL AAA (SO) 21.15% Rating Profile IND AA [ICRA]AA+ BWR A+ (SO) CRISIL A+ BWR A1+ (SO) [ICRA]A1+ CARE AA- [ICRA]A+ CARE AA CRISIL AA- [ICRA]A1 [ICRA]AA- CRISIL AA CARE AAA BWR A1+ CARE A1+ BWR AAA CRISIL AAA [ICRA]AA CRISIL A1+ -8.24% 0.33% 0.65% 0.67% 0.94% 1.05% 1.11% 1.59% 2.29% 2.31% 2.82% 3.07% 3.36% 3.86% 6.03% 6.66% instruments 57.07% 7.65% 8.02% 9.52% 11.52% 13.46% 0.12% -8.36% 21.33% Commercial Paper Certificate of Deposit Unlisted CBLO / Reverse Repo Investments Cash & Cash Equivalents V AS ON 31 MARCH 2017 V (Per Unit) Regular Growth 1848.7212 Dividend - Daily 1005.4704 Dividend - Weekly 1005.9980 Dividend - Monthly 1012.3117 Dividend - Quarterly Bonus 1881.9635 Growth 1895.6956 Dividend - Daily 1029.6800 Dividend - Weekly 1022.4676 Dividend - Monthly 1012.3115 Dividend - Quarterly 1026.6256 Bonus 1922.3381 Growth 1922.3966 Dividend - Daily 1008.8997 Dividend - Weekly 1006.0506 Dividend - Monthly 1012.6149 Dividend - Quarterly 1031.6416 Effective November 01, 2012, dividends declared under the Regular Plan (which has been discontinued from October 01, 2012) will be reinvested in Baroda Pioneer Treasury Advantage Fund (earlier called Institutional Plan) *For Disclaimer please refer page no 22 17
Baroda Pioneer Liquid Fund An Open Ended Liquid Scheme [ICRA] A1+ mfs* Low risk Regular income over short term with high level of liquidity Investment predominantly in Money Market (i.e. CP / CDs) Instruments To generate income with a high level of liquidity by investing in a of money market and debt securities. Type of Scheme An Open Ended Liquid Scheme Date of Allotment February 5, 2009 Fund Manager Mr. Alok Sahoo # (Experience 13 yrs), Ms. Hetal Shah # (Experience 12 yrs) Benchmark Monthly Average AUM () Month end AUM () CRISIL Liquid Fund Index 5,626.59 Crs 2,821.68 Crs Exit Load Options SIP (Minimum) Nil Growth Daily Dividend 1.Reinvestment Weekly Dividend 1.Reinvestment Bonus Option $ 500/month - 12 Instalments 1500/quarter - 4 Instalments % to Net MONEY MARKET INSTRUMENT Certificate of Deposit** Axis Bank CRISIL A1+ 10.51% HDFC Bank IND A1+ 10.49% Oriental Bank of Commerce CRISIL A1+ 4.91% IndusInd Bank CRISIL A1+ 3.50% Vijaya Bank CARE A1+ 2.28% Total 31.69% Commercial Paper** IIFL Wealth Finance [ICRA]A1+ 7.02% Small Development Bank of India CRISIL A1+ 7.00% Export-Import Bank of India CRISIL A1+ 6.99% IIFL Facilities Services CRISIL A1+ 6.15% Edelweiss Agri Value Chain [ICRA]A1+ 5.27% India Infoline Housing Finance [ICRA]A1+ 5.27% Vedanta CRISIL A1+ 5.27% Edelweiss Commodities Services [ICRA]A1+ 5.27% Adani Enterprises BWR A1+ 4.56% Adani Gas CARE A1+ 1.74% Total 54.54% Treasury Bills TBILL 91 DAY 25 May 2017 Sovereign 0.88% Total 0.88% Fixed Deposit Yes Bank Unrated 3.54% RBL Bank Unrated 3.54% Bandhan Bank Unrated 3.54% Total 10.62% CBLO /Reverse Repo investments 21.60% Total 21.60% Net Receivable/Payable -19.33% Total -19.33% 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. 0.88% 10.62% 21.60% Sovereign CARE A1+ BWR A1+ IND A1+ Unrated [ICRA]A1+ CRISIL A1+ -19.33% Rating Profile 0.88% 2.27% 4.02% 4.56% 10.49% 10.62% instruments 31.69% 54.54% 22.83% 44.33% Commercial Paper Certificate of Deposit CBLO / Reverse Repo Investments Fixed Deposit Treasury Bills Cash & Cash Equivalents V AS ON 31 MARCH 2017 V (Per Unit) Regular Growth 2740.9650 Dividend 2348.3405 Dividend - Daily 1006.0602 Growth 1862.7067 Dividend - Daily 1001.1191 Dividend - Weekly 1000.9139 Bonus 1870.3364 Growth 1870.0189 Dividend - Daily 1001.8422 Dividend - Weekly 1225.2553 Portfolio characteristic Average Maturity (Days) 61.25 Modified Duration (Years) 0.17 Portfolio Yield (%) 6.34 0.28% Plan B (Direct) 0.19% Effective November 01, 2012, dividends declared under the Regular Plan (which has been discontinued from October 01, 2012) will be reinvested in Baroda Pioneer Liquid Fund (earlier called Institutional Plan) *For Disclaimer please refer page no 22 18