Equity Market Overview

Equity Market OverviewSensex down 1913pts. -4.8%, Nifty 670pts. -5.6%, Mid-cap & Small-cap closed -8.7% & -11.3% in July 2019.

The highest gainers sectors were BSE IT, TECK Index at 0.5%, 0.16% respectively. The negative performing sectors were BSE Consumer durables, Auto, Metal & Banks at -14.9%, -13.5%, -12.8% & -7.7%.

Foreign Institutional Investors have been selling Indian shares all through this month, hurt by the income-tax surcharge on the super-rich, which will hurt foreign investors that are not registered as corporates.

FIIs have sold a net of $1.2 billion of Indian equity shares so far in July 2019. The impact of the raised “surcharge” is significant on those Foriegn Portfolio Investors (FPI) that follows "trust" route for investments.

The Federal Reserve cut interest rates 25bps for the first time since 2008, citing concerns about the slowdown in global economy, weak business spending, muted U.S. inflation, and signalled a readiness to lower borrowing costs further “if needed”.

India fiscal deficit stood at Rs 4.32 lakh crore at the end of the quarter against a full-year target of Rs 7.04 lakh crore. The government aims to restrict the fiscal deficit at 3.3% of GDP in this fiscal, unchanged from the previous year.

GST collections rise marginally to Rs. 1.02 lakh crore in July 2019.

The IHS Markit India Manufacturing, Purchase Manager Index (PMI) rose to 52.5 in July 2019 from 52.1 in the previous month, as both output and new orders expanded a bit faster.

Moody's expects India's growth to be weaker in next 12-18 months on lingering NBFC crisis and challenges to asset quality.

The IMF projected a slower growth rate for India in 2019 and 2020, revising its growth estimates downward by 0.3 % for both the years, saying India’s GDP will now grow at 7 and 7.2 %, respectively, reflecting a weaker-than-expected outlook for domestic demand.

IMD: India Meteorological Department stated, July month ended with above normal rainfall, bringing much needed relief to several parts of the country and bringing down the overall deficiency to -9 %. The coming two months are expected to be good as El-Nino has entered a neutral phase and the Indian Ocean Dipole (IOD) is also positive.

The road transport ministry has proposed in a draft notification to hike fee of registering vehicles and renewing it.

CPI-based inflation for the month of May 2019 stood at 3.18%. Wholesale Price Index stood at 2.02% in June 2019. Industrial Production in May 2019 records to 3.04%.

U.S. and Chinese trade negotiators plan to meet again in early September for trade talks.

On 31st July 2019 Brent crude quoted at US $65.17/bbl, Gold quoted US$/Oz 1413.78 and INR closed at Rs. 68.79 versus the US dollar.

August 2019

2

Fixed Income OverviewMACRO Economic Data for the month:

As on 28/06/2019

As on 31/07/2019

Change

10 year Gsec 6.88% 6.37% -51 bps

10 year Corp bonds 7.80% 7.38% -42 bps

3 months Tbill 5.98% 5.65% -33 bps

3 month CD 6.40% 5.80% -60 bps

Brent Crude $ 66.55 65.17 -1.38

Inflation – CPI 3.05% 3.18% 13 bps

INR = USD 69.03 68.80 -0.23

The major macro events during the month:

Inflation and IIP:

June CPI inflation marginally up to 3.18% YoY (May: 3.05%) due to rise in food prices. Core inflation further falls to 4.09% (May 4.23%).

June WPI inflation falls to 2.02% YoY (May: 2.45%) primarily due to moderation in fuel and manufacturing inflation.

May Industrial production moderated to 3.1% (April: 4.3%). Manufacturing sector grew by 2.5%, Mining grew at 3.2% and Electricity growth was 7.4%.

Trade Deficit:

June trade deficit holds steady at USD 15.3 bn (May 15.4 bn). Magnitude of change in exports and imports almost equalized, at USD 5 bn each.

Chart showing the movement of the 10 year Gsec yield over the past 3 months

5.60

5.80

6.00

6.20

6.40

6.60

6.80

7.00

7.20

7.40

7.60

May-2019 Jun-2019 Jul-2019

Chart showing the Currency movement during the past 3 months

67.00

67.50

68.00

68.50

69.00

69.50

70.00

70.50

71.00

May-2019 Jun-2019 Jul-2019

The content of the articles in Equity Market Overview & Fixed Income Overview represent the opinions of our Fund Management/Research team. Nothing contained herein is intended as investment advice or recommendations for specific investment decisions, and you should not rely on it as such. Information and analysis above are derived from various sources and using methods believed to be reliable, but we do not assume responsibility and liability for any consequence of the investment decision taken by you based on this analysis. Investment decision taken by readers to this article will be at their sole discretion. The purpose of this article is intended to be used as an educational discussion of the issues involved. This is not to be construed as a solicitation to buy or sell securities.

Source: Internal Research

Source: Bloomberg

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:Systematic Investment Plan (SIP) works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bank deposits. For instance, an investor may opt for an SIP that invest Rs. 500 every 15th of the month in an equity fund for a period of three years.

NAV:The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The NAV 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 G-Sec.

Entry Load: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 NAV at the time of investment. For instance, if the NAV 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 NAV at the time of redemption. For instance, if the NAV 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 Ratio:Beta is a measure of an investment's volatility vis-a-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 portfolio 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.

Total Expense Ratio:The Expenses of a mutual fund include management fees and all the fees associated with the fund's daily operations. Expense Ratio refers to the annual percentage of fund's assets that is paid out in expenses.

Average Maturity:The average time of maturity of all the debt securities held in a portfolio. It states the weighted average maturity of the assets in the portfolio.

Portfolio Yield:The income return on an investment. This refers to the interest or dividends received from a security and are usually expressed annually as a percentage based on the investment's cost, its current market value or its face value.

Risk Free Return:The theoretical rate of return attributed to an investment with zero risk. The risk-free rate represents the interest on an investor's money that he or she would expect from an absolutely risk-free investment over a specified period of time.

Tracking Error:The divergence between the price behavior of a position or portfolio and the price behavior of a benchmark.

Portfolio Turnover Ratio:This is a measure of the fund's trading activity, which is computed by taking the lesser of purchases or sales (excluding all securities with maturities of less than one year) and dividing by average monthly net assets.

4

Security Name % to Net Assets*

DEBENTURES 0.01Blue Dart Express Ltd. 0.01EQUITY & EQUITY RELATED 97.13Pidilite Industries Ltd. 6.06Kotak Mahindra Bank Ltd. 5.41VST Industries Ltd. 5.38Asian Paints Ltd. 5.37Page Industries Ltd. 5.31Cholamandalam Investment and Finance Co. Ltd. 5.17Nestle India Ltd. 5.07MRF Ltd. 4.82Bata India Ltd. 4.64TVS Motor Co. Ltd. 4.61ABB India Ltd. 4.35WABCO India Ltd. 4.01Sanofi India Ltd. 4.00


Eicher Motors Ltd. 3.87Sundaram Finance Ltd. 3.58United Breweries Ltd. 3.48Thermax Ltd. 3.42GlaxoSmithKline Consumer Healthcare Ltd. 3.26Gruh Finance Ltd. 3.25Colgate Palmolive (India) Ltd. 2.98Cummins India Ltd. 2.18Bosch Ltd. 2.00CRISIL Ltd. 1.75The Great Eastern Shipping Co. Ltd. 1.59Castrol India Ltd. 1.37Sundaram Finance Holdings Ltd. 0.20TREPS 3.00Cash & Cash Receivables -0.14TOTAL 100.00

IDBI Equity Advantage Fund (IEAF)(An open-ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit)

Portfolio as on 31/07/2019

* Rounded off to the nearest two digits after the decimal point.

Industry Classification (excluding TREPS and Cash & Cash Receivables)

25.54%

13.95%

10.83%

8.48%

7.77%

6.06%

5.41%

5.31%

4.64%

4.00%

2.18%

1.60%

1.37%

0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00%

Consumer Non Durables

Finance

Auto Ancillaries

Auto

Industrial Capital Goods

Chemicals

Banks

Textile Products

Consumer Durables

Pharmaceuticals

Industrial Products

Transportation

Petroleum Products

Data as on 31st July, 2019, Industry Classification as recommended by AMFI.

Scheme Features

Investment objective:The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income along with the benefit of income-tax deduction (under section 80C of the Income-tax Act, 1961) on their investments. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to be eligible for income-tax benefits under Section 80C. There can be no assurance that the investment objective under the scheme will be realized.

Fund Manager: Total Experience: Over 16 Years

Mrs. Uma Venkatraman (Managing the Scheme since 1st July 2018)

Co-Fund Manager: Total Experience: Over 2 Years

Ms. Ayushi Sethia (Managing the Scheme since 9th October 2018)

Inception Date: 10th September, 2013

Benchmark:S&P BSE 200 Index - Total Return Index (TRI)

NAV as on 31st July 2019 (` per unit):Regular Direct

Growth 24.55 26.30Dividend 16.31 17.76

Monthly Average AUM:` 552.59 Crs.

AUM as on 31st July 2019:` 536.21 Crs.

Expense Ratio as on 31st July 2019:Regular : 2.47% Direct : 1.17%Expense ratio is inclusive of GST on management fees.

Quantitative Measures as on 31st July 2019:Standard Deviation : 3.8706% Beta : 0.8491 Sharpe Ratio : -0.0155 Portfolio Turnover Ratio^^ : 0.18Risk free rate: Overnight MIBOR (5.75% as on 31/07/19). Source: FIMMDA.Ratios calculated on monthly 3 years data point.^^ Lower of Purchase or Sale for one year/average AUM for one year.

Load Structure:Entry Load : Not ApplicableExit Load (for Lumpsum & SIP) : Nil. Investment under the scheme is subject to

a lock-in period of 3 Years.

Dividend History (Face Value: ` 10/- Per Unit)

Record Date Individual / HUF (` Per Unit)

Others (` Per Unit)

Cum Dividend NAV** (in `)

Ex Dividend NAV (in `)

IDBI Equity Advantage Fund - Dividend (Regular Plan)4th April, 2019 0.8854 0.8854 18.39 17.4719th March, 2018 1.6000 1.6000 19.48 17.9725th September, 2017 1.5000 1.5000 20.34 18.82

IDBI Equity Advantage Fund - Dividend (Direct Plan)4th April, 2019 0.8854 0.8854 19.84 18.9319th March, 2018 1.6000 1.6000 20.55 19.0525th September, 2017 1.5000 0.0000 21.21 19.68Past performance may or may not be sustained in the future. After the payment of dividend, the per unit NAV of the Dividend option of the Scheme will fall to the extent of the dividend payout and statutory levy, if any. All dividend distribution is subject to availability of distributable surplus on the record date and will be at the discretion of IDBI Asset Management Ltd. and IDBI MF Trustee Company Ltd. For complete dividend history including daily dividend history, please refer to our website.** NAV of the record date.

Product LabelThis product is suitable for investors who are seeking*: Riskometerl Long term capital growthl An Equity Linked Savings Scheme (ELSS) investing

in equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income along with the benefit of income-tax deduction (under section 80C of the Income-tax Act, 1961) on their investments, subject to a statutory lock-in of three years Investors understand that their principal will be at

Moderately High risk

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

5


EQUITY & EQUITY RELATED 94.47HDFC Bank Ltd. 8.29Reliance Industries Ltd. 7.42Housing Development Finance Corpn. Ltd. 5.29ICICI Bank Ltd. 4.90Kotak Mahindra Bank Ltd. 4.34Larsen & Toubro Ltd. 4.34Infosys Ltd. 4.23TATA Consultancy Services Ltd. 3.77Asian Paints Ltd. 3.11Procter & Gamble Hygiene and Health Care Ltd. 3.04ITC Ltd. 3.01Pidilite Industries Ltd. 2.53Bajaj Finance Ltd. 2.39State Bank of India 2.37IndusInd Bank Ltd. 2.35Britannia Industries Ltd. 2.33Titan Co. Ltd. 2.29ICICI Prudential Life Insurance Co. Ltd. 1.95Hindustan Unilever Ltd. 1.82Maruti Suzuki India Ltd. 1.72Dabur India Ltd. 1.71Petronet LNG Ltd. 1.68


Cummins India Ltd. 1.48MRF Ltd. 1.38Abbott India Ltd. 1.31Crompton Greaves Consumer Electricals Ltd. 1.31Shree Cement Ltd. 1.26Voltas Ltd. 1.25Bajaj Finserv Ltd. 1.24ICICI Lombard General Insurance Co. Ltd. 1.21Divi's Laboratories Ltd. 1.17Container Corpn. of India Ltd. 1.16Godrej Consumer Products Ltd. 0.99ABB India Ltd. 0.98Bosch Ltd. 0.97Schaeffler India Ltd. 0.97Axis Bank Ltd. 0.96Eicher Motors Ltd. 0.88NMDC Ltd. 0.56Motherson Sumi Systems Ltd. 0.36UPL Ltd. 0.15TREPS 5.88Cash & Cash Receivables -0.35TOTAL 100.00

IDBI India Top 100 Equity Fund (IIT100EF)(Large Cap Fund - An open-ended equity scheme predominantly investing in large cap stocks)



Industry Classification (for equity & equity related)

23.21%

16.01%

12.08%

8.00%

7.42%

4.85%

4.34%

2.71%

2.60%

2.53%

2.48%

2.45%

1.68%

1.26%

1.16%

0.98%

0.56%

0.15%

0.00% 5.00% 10.00% 15.00% 20.00% 25.00%

Banks


Finance

Software

Petroleum Products

Consumer Durables

Construction Project

Auto Ancillaries

Auto

Chemicals

Pharmaceuticals

Industrial Products

Gas

Cement

Transportation


Minerals/Mining

Pesticides

Data as on 31st July, 2019, Industry Classification as recommended by AMFI.Disclaimer of IISL: The IDBI India Top 100 Equity Fund offered by IDBI Mutual Fund or its affiliates is not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (IISL) and its affiliates. IISL and its affiliates do not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) and disclaims all liability to the owners of IDBI India Top 100 Equity Fund or any member of the public regarding the advisability of investing in securities generally or in the IDBI India Top 100 Equity Fund linked to Nifty 100 Index or particularly in the ability of the Nifty 100 Index to track general stock market performance in India. Please read the full Disclaimers in relation to the Nifty100 Index in the Scheme Information Document.

Scheme Features

Investment objective:The Investment objective of the Scheme is to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related Instruments of Large Cap companies. However there can be no assurance that the investment objective under the Scheme will be realized.

Fund Manager: Total Experience: Over 16 YearsMrs. Uma Venkatraman (Managing the Scheme since 5th September 2017)

Inception Date: 15th May, 2012

Benchmark:Nifty 100 Index - Total Return Index (TRI)


Growth 23.24 24.95Dividend 15.25 16.65





Load Structure:Entry Load : Not ApplicableExit Load : for Lumpsum - 1% for exit (Redemption Switch-out/Transfer/SWP) within 12 months

from the date of allotment. for SIP - 1% for exit (Redemption/Switch-out/Transfer/SWP) within 12

months from the date of allotment of each installment.



Others (` Per Unit)



IDBI India Top 100 Equity Fund - Dividend (Regular Plan)4th April, 2019 1.3281 1.3281 17.11 15.6819th March, 2018 1.5000 1.5000 17.79 16.3331st May, 2017 1.0000 1.0000 19.15 18.16

IDBI India Top 100 Equity Fund - Dividend (Direct Plan)4th April, 2019 1.3281 1.3281 18.46 17.0419th March, 2018 1.5000 1.5000 18.76 17.3031st May, 2017 1.0000 1.0000 19.86 18.86Past performance may or may not be sustained in the future. After the payment of dividend, the per unit NAV of the Dividend option of the Scheme will fall to the extent of the dividend payout and statutory levy, if any. All dividend distribution is subject to availability of distributable surplus on the record date and will be at the discretion of IDBI Asset Management Ltd. and IDBI MF Trustee Company Ltd. For complete dividend history including daily dividend history, please refer to our website.** NAV of the record date.

Product LabelThis product is suitable for investors who are seeking*: Riskometer

l Long term capital growthl Investments predominantly in large cap equity and

equity related instruments

Investors understand that their principal will be at Moderately High risk


6


DEBENTURES 0.00Blue Dart Express Ltd. 0.00^EQUITY & EQUITY RELATED 92.04Hindustan Unilever Ltd. 5.75PVR Ltd. 5.26HDFC Bank Ltd. 5.23Gillette India Ltd. 3.52Kotak Mahindra Bank Ltd. 3.24Petronet LNG Ltd. 3.09Eicher Motors Ltd. 2.97Britannia Industries Ltd. 2.91Bajaj Finance Ltd. 2.89Abbott India Ltd. 2.69Pidilite Industries Ltd. 2.66Shree Cement Ltd. 2.45Procter & Gamble Hygiene and Health Care Ltd. 2.38Mahindra & Mahindra Ltd. 2.36WABCO India Ltd. 2.31VST Industries Ltd. 2.06MRF Ltd. 1.85Bharat Forge Ltd. 1.84Thermax Ltd. 1.79SKF India Ltd. 1.73Bosch Ltd. 1.71ICICI Lombard General Insurance Co. Ltd. 1.69The Great Eastern Shipping Co. Ltd. 1.69Titan Co. Ltd. 1.67IndusInd Bank Ltd. 1.61Larsen & Toubro Ltd. 1.61


ABB India Ltd. 1.60Grindwell Norton Ltd. 1.57Camlin Fine Sciences Ltd. 1.53Phillips Carbon Black Ltd. 1.47General Insurance Corpn. of India 1.40Sundaram Finance Ltd. 1.39ITC Ltd. 1.37State Bank of India 1.36Goodyear India Ltd. 1.30ICICI Bank Ltd. 1.21Kansai Nerolac Paints Ltd. 1.19Housing Development Finance Corpn. Ltd. 0.93Asian Paints Ltd. 0.78Cholamandalam Investment and Finance Co. Ltd. 0.78Gujarat Gas Ltd. 0.75Schaeffler India Ltd. 0.69Jubilant Life Sciences Ltd. 0.66Hindustan Petroleum Corpn. Ltd. 0.64GNA Axles Ltd. 0.56BASF India Ltd. 0.54IG Petrochemicals Ltd. 0.47Aurobindo Pharma Ltd. 0.45The Federal Bank Ltd. 0.34Sundaram Finance Holdings Ltd. 0.07Elantas Beck India Ltd. 0.03TREPS 8.08Cash & Cash Receivables -0.12TOTAL 100.00

IDBI Diversified Equity Fund (IDEF)(Multi Cap Fund - An open-ended equity scheme investing across large cap, mid cap, small cap stocks)

Portfolio as on 31/07/2019Scheme Features

Investment objective:The Investment objective of the Scheme is to provide investors with the opportunities for long-term capital appreciation by investing in a diversified portfolio of Equity and Equity related Instruments across market capitalization. However there can be no assurance that the investment objective under the Scheme will be realized.

Fund Manager: Total Experience: Over 16 YearsMrs. Uma Venkatraman (Managing the Scheme since 20th June, 2019)

Inception Date: 28th March, 2014

Benchmark:S&P BSE 500 Index - Total Return Index (TRI)


Growth 19.62 21.03Dividend 13.49 14.68





Load Structure:Entry Load : Not ApplicableExit Load : For Lumpsum - 1% for exit (Redemption/Switch-out/Transfer/SWP) within

12 months from the date of allotment. For SIP - 1% for exit (Redemption/Switch-out/Transfer/SWP) within

12 months from the date of allotment of each installment.



Others (` Per Unit)



IDBI Diversified Equity Fund - Dividend (Regular Plan)4th April, 2019 1.2396 1.2396 15.64 14.3119th March, 2018 1.4000 1.4000 16.79 15.3725th September, 2017 1.2000 1.2000 17.21 16.04

IDBI Diversified Equity Fund - Dividend (Direct Plan)4th April, 2019 1.2396 1.2396 16.8200 15.490019th March, 2018 1.4000 1.4000 17.61 16.2025th September, 2017 1.2000 0.0000 17.81 16.65

Past performance may or may not be sustained in the future. After the payment of dividend, the per unit NAV of the Dividend option of the Scheme will fall to the extent of the dividend payout and statutory levy, if any. All dividend distribution is subject to availability of distributable surplus on the record date and will be at the discretion of IDBI Asset Management Ltd. and IDBI MF Trustee Company Ltd. For complete dividend history including daily dividend history, please refer to our website.** NAV of the record date.

Product LabelThis product is suitable for investors who are seeking*: Riskometerl Long term capital appreciationl Investments in a diversified portfolio consisting of

equity & equity related instruments across market capitalization



* Rounded off to the nearest two digits after the decimal point. ^ Less than 0.005%

Industry Classification (excluding TREPS and Cash & Cash Receivables)

19.96%

12.99%

9.15%

7.73%

6.67%

5.86%

5.33%

5.26%

3.84%

3.80%

3.39%

2.45%

1.69%

1.67%

1.61%

0.64%

0.00% 5.00% 10.00% 15.00% 20.00% 25.00%


Banks

Finance

Auto Ancillaries

Chemicals

Industrial Products

Auto

Media & Entertainment

Gas

Pharmaceuticals


Cement

Transportation

Consumer Durables


Petroleum Products


7


EQUITY & EQUITY RELATED 99.57HDFC Bank Ltd. 10.68Reliance Industries Ltd. 8.77Housing Development Finance Corpn. Ltd. 8.02Infosys Ltd. 6.62ICICI Bank Ltd. 6.02ITC Ltd. 5.09TATA Consultancy Services Ltd. 5.09Kotak Mahindra Bank Ltd. 4.46Larsen & Toubro Ltd. 3.76Axis Bank Ltd. 3.03State Bank of India 2.80Hindustan Unilever Ltd. 2.71Bajaj Finance Ltd. 1.70IndusInd Bank Ltd. 1.67Maruti Suzuki India Ltd. 1.60Asian Paints Ltd. 1.51Bharti Airtel Ltd. 1.41HCL Technologies Ltd. 1.23NTPC Ltd. 1.21Mahindra & Mahindra Ltd. 1.13Power Grid Corpn. of India Ltd. 1.09Sun Pharmaceutical Industries Ltd. 1.04Ultratech Cement Ltd. 1.00Titan Co. Ltd. 0.97Oil & Natural Gas Corpn. Ltd. 0.96Bajaj Finserv Ltd. 0.95


Wipro Ltd. 0.91Tech Mahindra Ltd. 0.88Coal India Ltd. 0.80Indian Oil Corpn. Ltd. 0.75Bajaj Auto Ltd. 0.72TATA Steel Ltd. 0.72UPL Ltd. 0.72Dr. Reddy's Laboratories Ltd. 0.69Grasim Industries Ltd. 0.68Britannia Industries Ltd. 0.67Hero MotoCorp Ltd. 0.67Adani Ports and Special Economic Zone Ltd. 0.65Vedanta Ltd. 0.62Bharat Petroleum Corpn. Ltd. 0.61Hindalco Industries Ltd. 0.61Cipla Ltd. 0.58JSW Steel Ltd. 0.53TATA Motors Ltd. 0.53GAIL (India) Ltd. 0.52Eicher Motors Ltd. 0.50Zee Entertainment Enterprises Ltd. 0.47Bharti Infratel Ltd. 0.46Indiabulls Housing Finance Ltd. 0.39Yes Bank Ltd. 0.37TREPS 0.07Cash & Cash Receivables 0.36TOTAL 100.00

IDBI Nifty Index Fund (INIF)(An open-ended scheme replicating/ tracking the Nifty 50 Index [Total Returns Index])


Investment objective:The investment objective of the scheme is to invest only in and all the stocks comprising the Nifty 50 Index in the same weights of these stocks as in the Index with the objective to replicate the performance of the Total Returns Index of Nifty 50 Index. The scheme may also invest in derivatives instruments such as Futures and Options linked to stocks comprising the Index or linked to the Nifty 50 Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the Nifty 50 Index (Total Returns Index) and the Scheme.


Mr. Firdaus Marazban Ragina (Managing the Scheme since 9th October 2018)

Inception Date: 25th June, 2010



Growth 20.5317 21.7110Dividend 19.5793 20.7082




Quantitative Measures as on 31st July 2019:Portfolio Turnover Ratio^^ : 0.20 Tracking Error : 0.0787%Annualised tracking error for last 12 month's period.^^ Lower of Purchase or Sale for one year/average AUM for one year.

Load Structure:Entry Load : Not ApplicableExit Load (for Lumpsum & SIP) : Nil



Others (` Per Unit)



IDBI Nifty Index Fund - Dividend (Regular Plan)14th October, 2010 0.4000 0.4000 11.5740 10.962831st August, 2010 0.1200 0.0000 10.2883 10.2886Past performance may or may not be sustained in the future. After the payment of dividend, the per unit NAV of the Dividend option of the Scheme will fall to the extent of the dividend payout and statutory levy, if any. All dividend distribution is subject to availability of distributable surplus on the record date and will be at the discretion of IDBI Asset Management Ltd. and IDBI MF Trustee Company Ltd. For complete dividend history including daily dividend history, please refer to our website.** NAV of the record date.


l Long term growth in a passively managed scheme tracking Nifty 50 Index (TRI)l Investments only in and all stocks comprising Nifty 50 Index in the same weight of these stocks as in

Index with objective to replicate performance of Nifty 50 Index (TRI)

Investors understand that their principal will be at Moderately High risk*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.



29.03%

14.73%

11.06%

10.13%

9.98%

5.15%

3.76%

2.31%

2.30%

1.68%

1.41%

1.25%

1.23%

0.97%

0.96%

0.80%

0.72%

0.65%

0.52%

0.47%

0.46%

0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% 35.00%

Banks

Software

Finance

Petroleum Products


Auto


Pharmaceuticals

Power

Cement

Telecom - Services

Ferrous Metals

Non - Ferrous Metals

Consumer Durables

Oil

Minerals/Mining

Pesticides

Transportation

Gas


Telecom - Equipment & Accessories


8

Security Name % To Net Assets*

EQUITY & EQUITY RELATED 99.34Shree Cement Ltd. 3.64Dabur India Ltd. 3.58SBI Life Insurance Co. Ltd. 3.55HDFC Life Insurance Co. Ltd. 3.54Godrej Consumer Products Ltd. 3.36Divi's Laboratories Ltd. 3.09Hindustan Petroleum Corpn. Ltd. 2.95ICICI Lombard General Insurance Co. Ltd. 2.85Piramal Enterprises Ltd. 2.83Marico Ltd. 2.81Pidilite Industries Ltd. 2.80Lupin Ltd. 2.72Petronet LNG Ltd. 2.63United Spirits Ltd. 2.63Bajaj Holdings & Investment Ltd. 2.58Havells India Ltd. 2.39Aurobindo Pharma Ltd. 2.38Colgate Palmolive (India) Ltd. 2.35Avenue Supermarts Ltd. 2.34United Breweries Ltd. 2.33Interglobe Aviation Ltd. 2.22Ambuja Cements Ltd. 2.20ICICI Prudential Life Insurance Co. Ltd. 2.13Shriram Transport Finance Co. Ltd. 2.09Container Corpn. of India Ltd. 2.08ACC Ltd. 1.96


Motherson Sumi Systems Ltd. 1.90Bank of Baroda 1.89Bosch Ltd. 1.83MRF Ltd. 1.65DLF Ltd. 1.64Page Industries Ltd. 1.56Procter & Gamble Hygiene and Health Care Ltd. 1.52Siemens Ltd. 1.51Ashok Leyland Ltd. 1.49Biocon Ltd. 1.49NMDC Ltd. 1.38HDFC Asset Management Co.Ltd. 1.15Bharat Heavy Electricals Ltd. 1.13Oracle Financial Services Software Ltd. 1.13Bandhan Bank Ltd. 1.10ABB India Ltd. 1.07L&T Finance Holdings Ltd. 0.91Cadila Healthcare Ltd. 0.87Hindustan Zinc Ltd. 0.82Vodafone Idea Ltd. 0.76NHPC Ltd. 0.73General Insurance Corpn. of India 0.70Steel Authority of India Ltd. 0.66The New India Assurance Co. Ltd. 0.42TREPS 0.61Cash & Cash Receivables 0.05TOTAL 100.00

IDBI Nifty Junior Index Fund (INJIF)(An open-ended scheme replicating/ tracking the Nifty Next 50 Index [Total Returns Index])


Investment objective:The investment objective of the scheme is to invest only in and all the stocks comprising the Nifty Next 50 Index in the same weights of these stocks as in the Index with the objective to replicate the performance of the Total Returns Index of Nifty Next 50 Index. The scheme may also invest in derivatives instruments such as Futures and Options linked to stocks comprising the Index or linked to the Nifty Next 50 Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the Nifty Next 50 Index (Total Returns Index) and the Scheme.


Mr. Firdaus Marazban Ragina (Managing the Scheme since 9th October 2018)

Inception Date: 20th September, 2010

Benchmark:Nifty Next 50 Index - Total Return Index (TRI)


Growth 19.6817 20.8506Dividend 19.6817 20.8506




Quantitative Measures as on 31st July 2019:Portfolio Turnover Ratio^^ : 0.50 Tracking Error : 0.5090%Annualised tracking error for last 12 month's period.^^ Lower of Purchase or Sale for one year/average AUM for one year.



l Long term growth in a passively managed scheme tracking Nifty Next 50 Index (TRI)l Investments only in and all stocks comprising Nifty Next 50 Index in the same weight of these stocks as

in Index with objective to replicate performance of Nifty Next 50 Index (TRI)




19.92%

18.58%

13.38%

7.80%

5.38%

4.30%

3.71%

2.99%

2.95%

2.80%

2.63%

2.39%

2.34%

1.64%

1.56%

1.49%

1.38%

1.13%

0.82%

0.76%

0.73%

0.66%

0.00% 5.00% 10.00% 15.00% 20.00% 25.00%

Finance


Pharmaceuticals

Cement

Auto Ancillaries

Transportation


Banks

Petroleum Products

Chemicals

Gas

Consumer Durables

Retailing

Construction

Textile Products

Auto

Minerals/Mining

Software


Telecom - Services

Power

Ferrous Metals


9


EQUITY & EQUITY RELATED 89.88Info Edge (India) Ltd. 4.23Trent Ltd. 4.13AIA Engineering Ltd. 4.07RBL Bank Ltd. 3.75Supreme Industries Ltd. 3.72Gujarat State Petronet Ltd. 3.61Gillette India Ltd. 3.42Crompton Greaves Consumer Electricals Ltd. 3.32Procter & Gamble Hygiene and Health Care Ltd. 3.21The Federal Bank Ltd. 3.17Shriram Transport Finance Co. Ltd. 3.01Endurance Technologies Ltd. 2.75Minda Industries Ltd. 2.71CESC Ltd. 2.67Sterlite Technologies Ltd. 2.41Jubilant Life Sciences Ltd. 2.34The Ramco Cements Ltd. 2.32PI Industries Ltd. 2.27Indraprastha Gas Ltd. 2.15Cadila Healthcare Ltd. 2.04Dalmia Bharat Ltd. 1.78General Insurance Corpn. of India 1.74Finolex Cables Ltd. 1.71Sanofi India Ltd. 1.59CCL Products (India) Ltd. 1.58


HDFC Bank Ltd. 1.56Gujarat Gas Ltd. 1.52Escorts Ltd. 1.49Castrol India Ltd. 1.43Motherson Sumi Systems Ltd. 1.37National Aluminium Co. Ltd. 1.35Hindustan Unilever Ltd. 1.06Bosch Ltd. 0.98UPL Ltd. 0.91The Indian Hotels Co. Ltd. 0.90ACC Ltd. 0.83Cholamandalam Investment and Finance Co. Ltd. 0.82Relaxo Footwears Ltd. 0.78L&T Technology Services Ltd. 0.76ICICI Bank Ltd. 0.75Apollo Tyres Ltd. 0.54Bharat Electronics Ltd. 0.54Glenmark Pharmaceuticals Ltd. 0.53Aurobindo Pharma Ltd. 0.52TATA Elxsi Ltd. 0.52IndusInd Bank Ltd. 0.48Emami Ltd. 0.38Housing and Urban Development Corpn. Ltd. 0.16TREPS 10.75Cash & Cash Receivables -0.63TOTAL 100.00

IDBI Midcap Fund (IMF)(Mid Cap Fund - An open-ended equity scheme predominantly investing in mid cap stocks.)

Scheme Features

Investment objective:The objective of the scheme is to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Midcap Companies. However there can be no assurance that the investment objective under the scheme will be realized.


Inception Date: 25th January 2017

Benchmark:Nifty Midcap 100 - Total Return Index (TRI)


Growth 9.67 10.24Dividend 9.07 9.63




Quantitative Measures as on 31st July 2019:Portfolio Turnover Ratio^^ : 0.23^^ Lower of Purchase or Sale for one year/average AUM for one year.

Load Structure:Entry Load : Not ApplicableExit Load : 1% for exit within 12 months from the date of allotment.



Others (` Per Unit)



IDBI Midcap Fund - Dividend (Regular Plan)19th March 2018 0.7000 0.7000 11.3800 10.6500IDBI Midcap Fund - Dividend (Direct Plan)19th March 2018 0.7000 0.7000 11.7400 11.0200Past performance may or may not be sustained in the future. After the payment of dividend, the per unit NAV of the Dividend option of the Scheme will fall to the extent of the dividend payout and statutory levy, if any. All dividend distribution is subject to availability of distributable surplus on the record date and will be at the discretion of IDBI Asset Management Ltd. and IDBI MF Trustee Company Ltd. For complete dividend history including daily dividend history, please refer to our website.** NAV of the record date.


l Long term capital growthl Investment predominantly in equity & equity related instruments of Midcap companies





9.71%

9.65%

9.50%

8.35%

7.28%

7.02%

5.73%

5.51%

4.13%

4.10%

3.18%

3.15%

2.67%

2.41%

1.78%

1.49%

1.43%

1.35%

0.90%

0.54%

0.00% 2.00% 4.00% 6.00% 8.00% 10.00%

Banks


Industrial Products

Auto Ancillaries

Gas

Pharmaceuticals

Finance

Software

Retailing

Consumer Durables

Pesticides

Cement

Power


Services

Auto

Petroleum Products


Hotels, Resorts & Other Recreational Activities



10


EQUITY & EQUITY RELATED 90.77Elantas Beck India Ltd. 3.91AIA Engineering Ltd. 3.16Grindwell Norton Ltd. 3.11Voltas Ltd. 3.01KEI Industries Ltd. 2.97Star Cement Ltd. 2.94Transport Corpn. of India Ltd. 2.92Ahluwalia Contracts (India) Ltd. 2.80Cera Sanitaryware Ltd. 2.61Hatsun Agro Product Ltd. 2.61ISGEC Heavy Engineering Ltd. 2.58Mold-Tek Packaging Ltd. 2.583M India Ltd. 2.51Goodyear India Ltd. 2.40Garware Technical Fibres Ltd. 2.38Camlin Fine Sciences Ltd. 2.37Mahindra Logistics Ltd. 2.35Ingersoll Rand (India) Ltd. 2.30General Insurance Corpn. of India 2.26Honeywell Automation India Ltd. 2.26NCC Ltd. 2.20V-Mart Retail Ltd. 2.20Kansai Nerolac Paints Ltd. 1.93Timken India Ltd. 1.89HeidelbergCement India Ltd. 1.78KEC International Ltd. 1.72


Dishman Carbogen Amcis Ltd. 1.58City Union Bank Ltd. 1.56NRB Bearings Ltd. 1.55Cholamandalam Investment and Finance Co. Ltd. 1.47Ineos Styrolution India Ltd. 1.45GNA Axles Ltd. 1.42Muthoot Capital Services Ltd. 1.41Indian Energy Exchange Ltd. 1.40Aegis Logistics Ltd. 1.37MM Forgings Ltd. 1.27Rites Ltd. 1.20Titan Co. Ltd. 1.19Tube Investments of India Ltd. 0.95Central Depository Services (I) Ltd. 0.93Lakshmi Machine Works Ltd. 0.84Carborundum Universal Ltd. 0.74WABCO India Ltd. 0.71Cyient Ltd. 0.70PNC Infratech Ltd. 0.69Honda Siel Power Products Ltd. 0.63Rajapalayam Mills Ltd. 0.60Sobha Ltd. 0.52Sundaram Clayton Ltd. 0.43V.S.T Tillers Tractors Ltd. 0.41TREPS 10.03Cash & Cash Receivables -0.80TOTAL 100.00

IDBI Small Cap Fund (ISF)(Small Cap Fund - An open-ended equity scheme predominantly investing in small cap stocks)

Scheme Features

Investment objective:The Investment objective of the Scheme is to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Small Cap companies. However there can be no assurance that the investment objective under the Scheme will be realized.


Mrs. Uma Venkatraman (Managing the Scheme since 5th September 2017)

Inception Date: 21st June 2017

Benchmark:Nifty Smallcap 250 Index - Total Return Index (TRI)







Load Structure:Entry Load : Not ApplicableExit Load : 1% for exit within 12 months from the date of allotment.



27.51%

7.47%

6.62%

5.91%

5.27%

5.12%

4.72%

4.54%

4.20%

3.73%

2.98%

2.51%

2.37%

2.20%

1.58%

1.56%

1.37%

0.70%

0.41%

0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00%

Industrial Products

Finance

Construction

Auto Ancillaries

Transportation


Cement


Consumer Durables


Textile Products

Commercial Services

Chemicals

Retailing

Pharmaceuticals

Banks

Gas

Software

Auto



l Long term capital growthl Investment predominantly in equity & equity related instruments of Small Cap companies



11

IDBI Focused 30 Equity Fund (IF30EF)(An open-ended equity scheme investing in maximum 30 stocks (predominantly large cap))

Scheme Features

Investment objective:The investment objective of the Scheme is to provide long term capital appreciation by investing in concentrated portfolio of large cap focused equity and equity related instruments of up to 30 companies and balance in debt and money market instruments. However there can be no assurance that the investment objective of the Scheme will be realized.


Inception Date: 17th November, 2017








Load Structure:Entry Load : Not ApplicableExit Load : 1% for exit (repurchase/switch out/transfer/SWP) within 12

months from the date of allotment.



15.63%

15.20%

11.81%

7.92%

6.02%

5.55%

5.36%

5.01%

4.97%

4.61%

3.98%

3.05%

1.86%

0.71%

0.00% 4.00% 8.00% 12.00% 16.00%


Finance

Banks

Auto

Petroleum Products

Software

Auto Ancillaries

Pharmaceuticals


Cement

Industrial Products

Ferrous Metals


Consumer Durables



l Long term capital growthl Investment predominantly in large cap focused equity & equity related instruments of upto 30 companies

and balance in debt & money market instruments


Portfolio as on 31/07/2019Security Name % To Net

Assets*EQUITY & EQUITY RELATED 91.68HDFC Bank Ltd. 8.14ITC Ltd. 6.04Hindustan Petroleum Corpn. Ltd. 5.36Maruti Suzuki India Ltd. 5.04Larsen & Toubro Ltd. 4.97Housing Development Finance Corpn. Ltd. 4.85Motherson Sumi Systems Ltd. 4.74ICICI Prudential Life Insurance Co. Ltd. 4.26Asian Paints Ltd. 4.12Cipla Ltd. 3.50GlaxoSmithKline Consumer Healthcare Ltd. 3.32Bharat Forge Ltd. 3.29Bajaj Finserv Ltd. 3.26TATA Steel Ltd. 3.05TATA Consultancy Services Ltd. 2.91Mahindra & Mahindra Ltd. 2.88


ICICI Lombard General Insurance Co. Ltd. 2.83Infosys Ltd. 2.64Grasim Industries Ltd. 2.63Hindustan Unilever Ltd. 2.15ICICI Bank Ltd. 2.02Shree Cement Ltd. 1.98Siemens Ltd. 1.86Kotak Mahindra Bank Ltd. 1.65Divi's Laboratories Ltd. 1.51Titan Co. Ltd. 0.71ISGEC Heavy Engineering Ltd. 0.69Reliance Industries Ltd. 0.66Exide Industries Ltd. 0.62TREPS 8.24Cash & Cash Receivables 0.08TOTAL 100.00

12

IDBI Banking & Financial Services Fund (IB&FSF)(An open ended equity scheme investing in Banking & Financial Services Sector)



61.21%

34.57%

0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00%

Banks

Finance


Scheme Features

Investment objective:The objective of the scheme is to provide investors maximum growth opportunities and to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in Banking and Financial Services Sector. However there can be no assurance that the investment objective under the scheme will be realized.


Mrs. Uma Venkatraman (Managing the Scheme since inception)



Inception Date: 4th June 2018

Benchmark:NIFTY Financial Services - Total Return Index (TRI)


Growth 10.17 10.46Dividend 10.17 10.46

Monthly Average AUM: ` 146.88 Crs.




Load Structure:Entry Load : Not ApplicableExit Load : 1% for exit (repurchase/switch out/transfer/SWP) within 12

months from the date of allotment.

Portfolio as on 31/07/2019Issuer Name % To Net Assets*EQUITY & EQUITY RELATED 95.78HDFC Bank Ltd. 20.47Housing Development Finance Corpn. Ltd. 14.31Kotak Mahindra Bank Ltd. 11.79ICICI Bank Ltd. 10.73State Bank of India 5.35Axis Bank Ltd. 4.97IndusInd Bank Ltd. 4.49Bajaj Finance Ltd. 4.39ICICI Prudential Life Insurance Co. Ltd. 3.70Muthoot Capital Services Ltd. 2.96Cholamandalam Investment and Finance Co. Ltd. 2.90Bajaj Finserv Ltd. 2.39Bandhan Bank Ltd. 1.96ICICI Lombard General Insurance Co. Ltd. 1.64PNB Housing Finance Ltd. 1.45The Federal Bank Ltd. 1.45Gruh Finance Ltd. 0.65Aditya Birla Capital Ltd. 0.18TREPS 1.59Cash & Cash Receivables 2.63TOTAL 100.00


l Long term capital growthl Investment predominantly in equity and equity related instruments of companies engaged in Banking &

Financial Services Sector

Investors understand that their principal will be at High risk*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

13

IDBI Long Term Value Fund (ILTVF)(An open ended equity scheme following value investment strategy)



13.52%

9.17%

7.73%

6.62%

6.26%

4.74%

4.73%

4.29%

4.14%

3.89%

3.75%

3.28%

3.11%

2.97%

2.69%

1.64%

1.53%

0.96%

0.87%

0.66%

0.61%

0.55%

0.16%

0.00% 4.00% 8.00% 12.00% 16.00%

Finance

Banks

Pharmaceuticals

Petroleum Products

Auto


Gas


Cement

Auto Ancillaries


Software

Minerals/Mining

Power

Consumer Durables

Industrial Products

Construction

Paper

Hotels, Resorts & Other Recreational Activities

Transportation


Chemicals

Healthcare Services


Scheme Features

Investment objective:The objective of the scheme is to generate long-term capital appreciation along with regular income by investing predominantly in equity and equity related instruments by following value investing strategy. However, there can be no assurance that the investment objective of the Scheme will be realized.





Inception Date: 20th August 2018

Benchmark:S&P BSE 500 Index - Total Returns Index (TRI)


Growth 9.87 10.07Dividend 9.87 10.07




Load Structure:Entry Load : Not ApplicableExit Load : If units of the Scheme are redeemed or switched out up to 10% of

the units (the limit) within 12 months from the date of allotment - Nil.

If units of the scheme are redeemed or switched out in excess of the limit within 12 months from the date of allotment - 1% of the applicable NAV.

If units of scheme are redeemed or switched out after 12 months from the date of allotment - Nil.


l Long term capital growthl Investment in equity and equity related instruments by following value investment strategy


Portfolio as on 31/07/2019Security Name % To Net

Assets*EQUITY & EQUITY RELATED 87.87Reliance Industries Ltd. 5.50Housing Development Finance Corpn. Ltd. 3.57HDFC Bank Ltd. 3.03NTPC Ltd. 2.97Mahindra & Mahindra Ltd. 2.78Bajaj Holdings & Investment Ltd. 2.75ICICI Bank Ltd. 2.57KEC International Ltd. 2.25Ambuja Cements Ltd. 2.18ITC Ltd. 2.18MRF Ltd. 2.16Pfizer Ltd. 2.04Sun Pharmaceutical Industries Ltd. 2.01IndusInd Bank Ltd. 2.00HeidelbergCement India Ltd. 1.96Hero MotoCorp Ltd. 1.90Max Financial Services Ltd. 1.88GAIL (India) Ltd. 1.87Exide Industries Ltd. 1.73Equitas Holdings Ltd. 1.67Lakshmi Machine Works Ltd. 1.67Coal India Ltd. 1.65Supreme Industries Ltd. 1.64ICICI Lombard General Insurance Co. Ltd. 1.63PNB Housing Finance Ltd. 1.60Maruti Suzuki India Ltd. 1.58State Bank of India 1.57Voltas Ltd. 1.57


Asian Paints Ltd. 1.54Bharat Heavy Electricals Ltd. 1.51Gujarat Gas Ltd. 1.51Larsen & Toubro Ltd. 1.50NMDC Ltd. 1.46L&T Technology Services Ltd. 1.36Petronet LNG Ltd. 1.35IPCA Laboratories Ltd. 1.29Lupin Ltd. 1.24Cadila Healthcare Ltd. 1.15Blue Star Ltd. 1.12Hindustan Petroleum Corpn. Ltd. 1.12Bharat Electronics Ltd. 1.11TATA Global Beverages Ltd. 1.02Cyient Ltd. 0.98Tamil Nadu Newsprint & Papers Ltd. 0.96KNR Constructions Ltd. 0.94Tech Mahindra Ltd. 0.94The Indian Hotels Co. Ltd. 0.87Adani Ports and Special Economic Zone Ltd. 0.66Sterlite Technologies Ltd. 0.61Sobha Ltd. 0.59Aarti Industries Ltd. 0.55Muthoot Capital Services Ltd. 0.42Apollo Hospitals Enterprise Ltd. 0.16TREPS 9.28Cash & Cash Receivables 2.85TOTAL 100.00

14

IDBI Dividend Yield Fund (IDYF)(An open ended equity scheme predominantly investing in dividend yielding stocks)



12.70%

7.85%

7.33%

5.87%

5.71%

5.24%

4.91%

2.94%

2.61%

2.07%

1.90%

1.74%

1.11%

1.09%

1.04%

0.97%

0.90%

0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% 14.00%

Software

Gas

Power

Finance

Pharmaceuticals

Petroleum Products


Industrial Products

Minerals/Mining

Pesticides


Auto

Healthcare Services

Cement


Consumer Durables

Chemicals


Scheme Features

Investment objective:The Investment objective of the Scheme is to provide long term capital appreciation and/or dividend distribution by investing predominantly in dividend yielding equity and equity related instruments. However there can be no assurance that the investment objective under the scheme will be realized.


Mrs. Uma Venkatraman (Managing the Scheme since 20th June, 2019)

Inception Date: 21st December 2018

Benchmark:Nifty Dividend Opportunities 50 - Total Return Index (TRI)






Load Structure:Entry Load : Not ApplicableExit Load : Nil, If units of the Scheme are redeemed or switched out up to

10% of the units (the limit) within 12 months from the date of allotment

1% of the applicable NAV, If units of the scheme are redeemed or switched out in excess of the limit within 12 months from the date of allotment

Nil, If units of scheme are redeemed or switched out after 12 months from the date of allotment - Nil.



l Long term capital growthl Investment in predominantly in dividend yielding equity and equity related instruments



EQUITY & EQUITY RELATED 65.98Infosys Ltd. 5.37Power Grid Corpn. of India Ltd. 2.72NMDC Ltd. 2.61Petronet LNG Ltd. 2.57ITC Ltd. 2.41Mahanagar Gas Ltd. 2.39IPCA Laboratories Ltd. 2.34TATA Consultancy Services Ltd. 2.33NHPC Ltd. 2.32NTPC Ltd. 2.29Multi Commodity Exchange of India Ltd. 2.28Power Finance Corpn. Ltd. 2.27Hindustan Petroleum Corpn. Ltd. 2.24UPL Ltd. 2.07L&T Technology Services Ltd. 2.05AIA Engineering Ltd. 2.03Abbott India Ltd. 1.98Tech Mahindra Ltd. 1.95Hindustan Zinc Ltd. 1.90GAIL (India) Ltd. 1.74


Maruti Suzuki India Ltd. 1.74Aurobindo Pharma Ltd. 1.39Castrol India Ltd. 1.37Bajaj Holdings & Investment Ltd. 1.32Indraprastha Gas Ltd. 1.15Dr. Lal Path labs Ltd. 1.11ACC Ltd. 1.09Bharat Petroleum Corpn. Ltd. 1.07PVR Ltd. 1.04Larsen & Toubro Infotech Ltd. 1.00Relaxo Footwears Ltd. 0.97Colgate Palmolive (India) Ltd. 0.91Atul Ltd. 0.90Carborundum Universal Ltd. 0.81VST Industries Ltd. 0.81Asian Paints Ltd. 0.78Reliance Industries Ltd. 0.56Greaves Cotton Ltd. 0.10TREPS 34.37Cash & Cash Receivables -0.35TOTAL 100.00

15

IDBI Healthcare Fund (IHF)(An open-ended equity scheme investing in Healthcare and Allied sectors)



61.81%

8.08%

3.44%

0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00%

Pharmaceuticals

Healthcare Services

Finance


Scheme Features

Investment objective:The objective of the Scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in Healthcare and Allied sectors. However there can be no assurance that the investment objective under the Scheme will be realized.



Inception Date: 28th February 2019

Benchmark:S&P BSE Healthcare - Total Return Index (TRI)






Load Structure:Entry Load : Not ApplicableExit Load : 1% for exit within 12 months from the date of allotment. Nil after 12 months

Portfolio as on 31/07/2019Issuer Name % To Net Assets*EQUITY & EQUITY RELATED 73.33Sun Pharmaceutical Industries Ltd. 9.83Divi's Laboratories Ltd. 6.52Lupin Ltd. 5.93Cipla Ltd. 5.92Aurobindo Pharma Ltd. 5.26Sanofi India Ltd. 4.71IPCA Laboratories Ltd. 4.40Apollo Hospitals Enterprise Ltd. 4.15Natco Pharma Ltd. 3.16Dr. Lal Path labs Ltd. 2.97Pfizer Ltd. 2.79Alkem Laboratories Ltd. 2.67Syngene International Ltd. 2.53Alembic Pharmaceuticals Ltd. 2.41Abbott India Ltd. 2.13ICICI Lombard General Insurance Co. Ltd. 1.77Max Financial Services Ltd. 1.67Cadila Healthcare Ltd. 1.61Biocon Ltd. 1.04Healthcare Global Enterprises Ltd. 0.96AstraZeneca Pharma India Ltd. 0.90TREPS 26.19Cash & Cash Receivables 0.48TOTAL 100.00


l Long term capital appreciationl Investment predominantly in equity and equity related instruments of companies engaged in Healthcare

& Allied Sectors

Investors understand that their principal will be at High risk*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

Snapshot of IDBI Mutual Fund SchemesIEAF IIT100EF IDEF IMF ISF IF30EF IB&FSF ILTVF IDYF IHF IHEF IESF ILQF IDBF IGF IUSTF ISTBF ICRF INIF INJIF IGFOF IDBIGOLD

Benchmark S&P BSE 200 Index - (TRI)

Nifty 100 Index - (TRI)

S&P BSE 500 Index (TRI)

Nifty Midcap 100 - (TRI)

Nifty Smallcap 250 Index - (TRI)

Nifty 100 Index (TRI)

Nifty Financial Services - (TRI)

S&P BSE 500- Index (TRI)

Nifty Dividend Opportunities 50 - (TRI)

S&P BSE Healthcare - (TRI)

CRISIL Hybrid 35+65-Aggressive Index

40% of CRISIL Liquid Fund Index + 30% CRISIL Short term Bond Fund Index + 30% of Nifty 50 Index - (TRI)

CRISIL Liquid Fund Index

CRISIL Composite Bond Fund Index

CRISIL Dynamic Gilt Index

CRISIL Liquid Fund Index

CRISIL Short Term Bond Fund Index

CRISIL Short Term Bond Fund Index

Nifty 50 Index - (TRI)

Nifty Next 50 Index - (TRI)

Domestic price of Gold

Domestic price of Physical Gold

Fund Manager Mrs. Uma Venkatraman Mrs. Uma Venkatraman (Equity portion)Mr. Raju Sharma (Debt portion) Mr. Raju Sharma Mr. Bhupesh Kalyani Mr. Firdaus Marazban Ragina

Minimum / Maximum Application Amount

Minimum Application Amount (Lumpsum) Maximum Application Amount (Lumpsum)New Purchase – Rs. 5000/- and in multiples of Re. 1/- thereafterFor IEAF – Rs. 500/- and in multiples of Rs. 500/- thereafter

New & Additional Purchase: No limit

For IDBI Gold : Authorized participants & Large investors - In creation unit lot of 1000 units and multiples of 1000 units thereof or in equivalent amount in cash.

Minimum Additional Investment

Rs. 1000/- and in multiples of Re. 1/- thereafterFor IEAF – Rs. 500/- and in multiples of Rs. 500/- thereafter -

SIP • Rs. 500 per month for a minimum period of 12 months.

NA• Rs. 1000 per month for a minimum period of 6 months.• Rs. 1500 per quarter for a minimum period of 4 quarters.• Only for IUSTF: Rs. 500 per day for a minimum of 30 installments continuously for all business days.Investments above minimum amount mentioned shall be made in multiples of Re.1/- for all SIP, except for IEAF it shall be made in multiples of Rs. 500/-. In case of SIP transactions, statutory lock-in period of 3 years is applicable to every installment made to IEAF.

SWP & STP Minimum balance in the Scheme should be Rs.25,000/- at the time of enrollment. SWP/STP from IEAF to any other Schemes of IDBI Mutual Fund is available only after completion of lock-in period of 3 years.STP:Sub-options for STP Eligible dates for effect Minimum amount per transfer*Daily (only offered under ILIQF, IUSTF and ISTBF) All Business days Rs. 200/-Weekly 1st Business day of the week Rs. 1,000/-Monthly 1st, 5th, 10th, 15th, 20th and 25th of the month Rs. 1,000/-Quarterly 1st, 5th, 10th, 15th, 20th and 25th of the each quarter Rs. 2,500/-

Daily STP amount per transfer Minimum term / duration applicableRs. 200/- to less than Rs. 500/- 30 Business daysRs. 500/- to less than Rs. 1,000/- 12 Business daysRs. 1,000/- and above 6 Business daysWeekly & Monthly STP: 12 Installments; Quarterly STP: 4 Installments

(*Multiples of Re.1/- thereafter except under IEAF where STP will be made at a minimum of Rs.500/- and in multiples of Rs.500/- thereafter.)SWP: Minimum amount for each withdrawal is Rs.1000/- and in multiples of Re.1/- thereafter for a minimum period of 6 months. Withdrawal on 25th of each month or, if 25th is a holiday, then the next effective business day.

NA

Full Form of SIP, SWP & STP is “Systematic Investment Plan”, “Systematic Withdrawal Plan” & “Systematic Transfer Plan”

Plans, options and sub-optionsNo Scheme Plan* Option Sub-option / Frequency of

DividendMode of dividend payment

1 IEAF Regular & Direct Dividend NA Payout/ SweepGrowth NA NA

2 IIT100EF Regular & Direct Dividend NA Reinvestment / Payout/ SweepGrowth NA NA

3 IDEF Regular & Direct Dividend NA Reinvestment / Payout/ SweepGrowth NA NA

4 INIF Regular & Direct Dividend NA Reinvestment / Payout/ SweepGrowth NA NA

5 INJIF Regular & Direct Dividend NA Reinvestment / Payout/ SweepGrowth NA NA

6 IMF Regular & Direct Dividend NA Reinvestment / Payout/ SweepGrowth NA NA

7 ISF Regular & Direct Dividend NA Reinvestment / Payout/ SweepGrowth NA NA

8 IF30EF Regular & Direct Dividend NA Reinvestment / Payout/ SweepGrowth NA NA

9 IB&FSF Regular & Direct Dividend NA Reinvestment / Payout/ SweepGrowth NA NA

10 ILTVF Regular & Direct Dividend NA Reinvestment / Payout/ SweepGrowth NA NA

11 IDYF Regular & Direct Dividend NA Reinvestment / Payout/ SweepGrowth NA NA

12 IHF Regular & Direct Dividend NA Reinvestment / Payout/ SweepGrowth NA NA

13 IHEF Regular & Direct Dividend NA Reinvestment / Payout/ SweepGrowth NA NA

14 IESF Regular & Direct Dividend Monthly/ Quarterly Reinvestment / Payout/ SweepGrowth NA NA

15 ILIQF Regular & Direct Dividend Daily/ Weekly/ Monthly Reinvestment / Payout/ SweepGrowth NA NA

Statutory Details: IDBI Mutual Fund has been set up as a trust sponsored by IDBI Bank Ltd. with IDBI MF Trustee Company Ltd. as the Trustee (Trustee under the Indian Trusts Act, 1882) and with IDBI Asset Management Ltd. as the Investment Manager. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

17

No Scheme Plan* Option Sub-option / Frequency of Dividend

Mode of dividend payment

16 IUSTF Regular & Direct Dividend Daily/ Weekly/ Monthly Reinvestment / Payout/ SweepGrowth NA NA

17 ICRF Regular & Direct Dividend Quarterly/Annually Reinvestment / Payout/ SweepGrowth NA NA

18 ISTBF Regular & Direct Dividend Weekly/ Monthly Reinvestment / Payout/ SweepGrowth NA NA

19 IDBF Regular & Direct Dividend Quarterly/Annually Reinvestment / Payout/ SweepGrowth NA NA

20 IGF Regular & Direct Dividend Quarterly/Annually Reinvestment / Payout/ SweepGrowth NA NA

21 IGFOF Regular & Direct Growth NA NA*All plans other than Direct plan will be treated as Regular Plan. For all schemes, Sweep facility is allowed only if dividend amount is Rs.1000/- & above.

The Mutual Fund is not assuring any dividend nor is it assuring that it will make any dividend distributions. All dividend distributions are subject to the availability of distributable surplus and would depend on the performance of the scheme(s) and will be at the discretion of the IDBIAMC and IDBIMF Trustee Company.Load Structure (for lumpsum & SIP)

Entry Load (For normal transactions / Switch-in and SIP) – Not applicableExit Load (Redemption / Switch-out / Transfer/ SWP):For INIF, INJIF, ILIQF, IUSTF, ISTBF & IDBIGOLD: NilFor IIT100EF, IDEF, IMF, ISF, IF30EF, IB&FSF, IHF, IHEF, IESF & IGFOF: 1% for exit within 12 months from the date of allotment.For IEAF: Nil. (Statutory lock-in of 3 years).For IDBF & IGF: 0.50% for exit within 30 days from the date of allotment.For ICRF: 0.75% for exit up to & including 12 months from the date of allotment.For ILTVF & IDYF : • If units of the Scheme are redeemed or switched out up to 10% of the units (the limit) within 12 months from the date of allotment - Nil. • If units of the scheme are redeemed or switched out in excess of the limit within 12 months from the date of allotment - 1% of the applicable NAV. • If units of scheme are redeemed or switched out after 12 months from the date of allotment - Nil.The exit load will be applicable for both normal transactions and SIP/STP transactions. In case of SIP/STP, the date of allotment for each installment for subscription will be reckoned for charging exit load on redemption.

16

18

IDBI Hybrid Equity Fund (IHEF)(An open-ended hybrid scheme investing predominantly in equity and equity related instruments)


Product LabelThis product is suitable for investors who

are seeking*:Riskometer

l Long term capital appreciation with income

l Investments in equity & equity related instruments as well as debt and money market instruments





16.08%

9.22%

6.39%

4.95%

4.79%

4.78%

4.20%

3.53%

2.97%

2.84%

1.18%

1.18%

0.95%

0.91%

0.84%

0.43%

0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% 14.00% 16.00% 18.00%


Banks

Chemicals

Pharmaceuticals

Auto

Industrial Products

Finance


Software

Auto Ancillaries

Pesticides

Petroleum Products

Power

Cement


Gas


Asset Profile

TREPS2.49%

Cash & Cash Receivables1.07%

Equity & Equity Related65.24%Debentures

31.20%

Issuer / Security Name Rating % To Net Assets*

EQUITY & EQUITY RELATED 65.24HDFC Bank Ltd. N.A. 5.68Nestle India Ltd. N.A. 3.93Hindustan Unilever Ltd. N.A. 3.48Housing Development Finance Corpn. Ltd. N.A. 3.43Aarti Industries Ltd. N.A. 3.37Larsen & Toubro Ltd. N.A. 3.27TATA Consultancy Services Ltd. N.A. 2.97Pidilite Industries Ltd. N.A. 2.92Supreme Industries Ltd. N.A. 2.82Godrej Consumer Products Ltd. N.A. 2.60IndusInd Bank Ltd. N.A. 2.38Sanofi India Ltd. N.A. 2.20ITC Ltd. N.A. 2.18Godrej Industries Ltd. N.A. 1.71Exide Industries Ltd. N.A. 1.66Maruti Suzuki India Ltd. N.A. 1.66Kansai Nerolac Paints Ltd. N.A. 1.57Divi's Laboratories Ltd. N.A. 1.37Mahindra & Mahindra Ltd. N.A. 1.29Reliance Industries Ltd. N.A. 1.18UPL Ltd. N.A. 1.18Axis Bank Ltd. N.A. 1.16Sundram Fasteners Ltd. N.A. 1.15Bajaj Auto Ltd. N.A. 1.02Aurobindo Pharma Ltd. N.A. 0.96


CESC Ltd. N.A. 0.95HeidelbergCement India Ltd. N.A. 0.91Inox Leisure Ltd. N.A. 0.84Eicher Motors Ltd. N.A. 0.82Cholamandalam Financial Holdings Ltd. N.A. 0.77Timken India Ltd. N.A. 0.76Finolex Cables Ltd. N.A. 0.63Asian Paints Ltd. N.A. 0.61Bharat Forge Ltd. N.A. 0.57GAIL (India) Ltd. N.A. 0.43Cadila Healthcare Ltd. N.A. 0.42Rites Ltd. N.A. 0.26Aarti Surfactants Ltd. N.A. 0.10TVS Srichakra Ltd. N.A. 0.03DEBENTURES 31.20Bank of Baroda CRISIL AA+ 7.29Reliance Industries Ltd. CRISIL AAA 6.17NTPC Ltd. CRISIL AAA 6.03Housing and Urban Development Corpn. Ltd. [ICRA]AAA 5.93Punjab National Bank IND A 3.28Axis Bank Ltd. CRISIL AA+ 1.66Dewan Housing Finance Corpn. Ltd. CARE D 0.84TREPS 2.49Cash & Cash Receivables 1.07TOTAL 100.00

Rating Profile

A3.28%

Equity & Equity Related65.24%

AAA18.13%

D0.84%

Scheme FeaturesInvestment objective:The investment objective of the scheme would be to generate opportunities for capital appreciation along with income by investing in a diversified basket of equity and equity related instruments, debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be realized.

Fund Managers: Total Experience: Mrs. Uma Venkatraman (Equity Portion)

Over 16 Years(Managing the Scheme since 1st July, 2018)

Mr. Raju Sharma (Debt Portion)

Over 27 Years (Managing the Scheme since 3rd May, 2017)

Inception Date: 24th October 2016

Benchmark:CRISIL Hybrid 35+65-Aggressive Index


Growth 10.7976 11.3679Dividend 10.2421 10.8103




Quantitative Measures as on 31st July 2019:YTM : 7.88% Average Maturity : 6.11 Years Modified Duration : 4.25 Years Portfolio Turnover Ratio^^ : 1.47^^ Lower of Purchase or Sale for one year/average AUM for one year.

Load Structure:Entry Load : Not ApplicableExit Load : 1% for exit within 12 months from the date of allotment. (for Lumpsum & SIP) No load on exit after the aforementioned period.



Others (` Per Unit)



IDBI Hybrid Equity Fund - Monthly Dividend (Regular Plan)30th October, 2017 0.2000 0.2000 11.4708 11.283931st August, 2017 0.4000 0.4000 11.4882 11.1663IDBI Hybrid Equity Fund - Monthly Dividend (Direct Plan)30th October, 2017 0.2000 0.2000 11.6905 11.503831st August, 2017 0.4000 0.4000 11.6595 11.3395Past performance may or may not be sustained in the future. After the payment of dividend, the per unit NAV of the Dividend option of the Scheme will fall to the extent of the dividend payout and statutory levy, if any. All dividend distribution is subject to availability of distributable surplus on the record date and will be at the discretion of IDBI Asset Management Ltd. and IDBI MF Trustee Company Ltd. For complete dividend history including daily dividend history, please refer to our website.** NAV of the record date.

19

IDBI Equity Savings Fund (IESF)(An open-ended scheme investing in equity, arbitrage and debt)

Scheme FeaturesInvestment objective:The investment objective of the Scheme is to generate regular income by investing in Debt and money market instruments and using arbitrage and other derivative strate-gies. The Scheme also intends to generate long capital appreciation through unhedged exposure to equity and equity related instruments. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Fund Manager: Total Experience:Mr. Raju Sharma (Debt Portion)

Over 27 Years (Managing the Scheme since 3rd May, 2017)

Mrs. Uma Venkatraman (Equity Portion)

Over 16 Years (Managing the Scheme since 5th September, 2017)

Inception Date: 7th March, 2011(w.e.f. 27th March 2018 the scheme has become effective & prior to this date the scheme was classified as IDBI Monthly Income Plan)

Benchmark:40% of CRISIL Liquid Fund Index + 30% CRISIL Short Term Bond Fund Index + 30% of Nifty 50 Index - Total Return Index (TRI)


Growth 16.3922 17.4595Monthly Dividend 13.7579 12.6245Quarterly Dividend 13.0535 10.5636




Quantitative Measures as on 31st July 2019:YTM : 7.62%Average Maturity : 1.24 YearsModified Duration : 1.01 Years Portfolio Turnover Ratio^^ : 5.19^^ Lower of Purchase or Sale for one year/average AUM for one year.

Load Structure:Entry Load : Not ApplicableExit Load : for Lumpsum - 1% for exit (New/Additional Purchase/Switch-out/Transfer/SWP)

within 12 months from the date of allotment. for SIP - 1% for exit (New/Additional Purchase/Switch-out/Transfer/SWP)

within 12 months from the date of allotment of each installment.



Others (` Per Unit)



IDBI Equity Savings Fund - Monthly Dividend (Regular Plan)27th August, 2018 0.0419 0.0419 13.8596 13.819325th July, 2018 0.0341 0.0341 13.7033 13.713325th April, 2018 0.0935 0.0935 13.7158 13.6056IDBI Equity Savings Fund - Monthly Dividend (Direct Plan)27th August, 2018 0.0473 0.0473 12.5166 12.470325th July, 2018 0.0391 0.0391 12.3596 12.359925th April, 2018 0.0934 0.0934 12.3159 12.2071IDBI Equity Savings Fund - Quarterly Dividend (Regular Plan)20th April, 2017 0.2516 0.2331 12.7928 12.41606th July, 2015 0.1150 0.1065 11.7568 11.583727th March, 2015 0.2385 0.2212 12.0213 11.7359IDBI Equity Savings Fund - Quarterly Dividend (Direct Plan)29th September, 2014 0.1948 0.1866 11.5885 11.333017th April, 2014 0.0935 0.0896 10.8922 10.77533rd April, 2013 0.1839 0.1567 10.4314 10.2030Past performance may or may not be sustained in the future. After the payment of dividend, the per unit NAV of the Dividend option of the Scheme will fall to the extent of the dividend payout and statutory levy, if any. All dividend distribution is subject to availability of distributable surplus on the record date and will be at the discretion of IDBI Asset Management Ltd. and IDBI MF Trustee Company Ltd. For complete dividend history including daily dividend history, please refer to our website.** NAV of the record date.


* Rounded off to the nearest two digits after the decimal point.Fixed Deposits placed for margin purpose for DerivativeTotal Outstanding exposure in Derivative Instruments as on July 31, 2019: Rs. 504.44/- (Market Value in Lakhs)


17.26%

7.93%

6.61%

5.00%

4.46%

3.91%

3.76%

3.70%

2.49%

2.18%

2.07%

1.74%

1.45%

1.44%

1.24%

0.83%

0.00% 4.00% 8.00% 12.00% 16.00%

Banks

Petroleum Products


Pharmaceuticals

Consumer Durables

Construction

Finance

Power

Software


Industrial Products

Chemicals


Auto

Cement

Gas


Asset ProfileTREPS

%9.68%

Fixed Deposits%7.84%

Debentures%14.36%

Cash & Cash Receivables%2.05%

Equity & Equity Related%66.07%

Rating Profile

Fixed Deposits7.84%

Equity & Equity Related66.07%

AA4.10%

AAA0.46%


l Regular income & Capital appreciation over Medium to Long term

l Investment in equity and equity related Instruments including equity derivatives, arbitrage and debt and money market instruments




EQUITY & EQUITY RELATED 66.07Reliance Industries Ltd. N.A. 7.93HDFC Bank Ltd. N.A. 6.74Axis Bank Ltd. N.A. 4.65DLF Ltd. N.A. 3.91TATA Power Co. Ltd. N.A. 3.70ITC Ltd. N.A. 3.45Hindustan Unilever Ltd. N.A. 3.16State Bank of India N.A. 3.13Voltas Ltd. N.A. 3.05Aurobindo Pharma Ltd. N.A. 2.69Infosys Ltd. N.A. 2.49Divi's Laboratories Ltd. N.A. 2.31ICICI Lombard General Insurance Co. Ltd. N.A. 2.21Honeywell Automation India Ltd. N.A. 2.18Carborundum Universal Ltd. N.A. 2.07ICICI Bank Ltd. N.A. 2.00Aarti Industries Ltd. N.A. 1.74


Housing Development Finance Corpn. Ltd. N.A. 1.55Larsen & Toubro Ltd. N.A. 1.45Mahindra & Mahindra Ltd. N.A. 1.44Blue Star Ltd. N.A. 1.41Grasim Industries Ltd. N.A. 1.24GAIL (India) Ltd. N.A. 0.83IndusInd Bank Ltd. N.A. 0.74DEBENTURES 14.36Bank of Baroda CRISIL AA+ 6.19JK Cement Ltd. BWR AA 4.10Axis Bank Ltd. CRISIL AA+ 3.61NTPC Ltd. CRISIL AAA 0.46FIXED DEPOSITS 7.84HDFC Bank Ltd. N.A. 7.84TREPS 9.68Cash & Cash Receivables 2.05TOTAL 100.00

20

Issuer Name Rating % To Net Assets*

COMMERCIAL PAPERS 60.54Bajaj Finance Ltd. CRISIL A1+ 9.20Gruh Finance Ltd. CRISIL A1+ 8.03National Housing Bank [ICRA]A1+ 6.94GFL Ltd. CRISIL A1+ 5.31National Bank for Agriculture and Rural Development CRISIL A1+ 4.62Godrej Properties Ltd. CRISIL A1+ 4.60SBI Global Factors Ltd. CRISIL A1+ 4.60KEC International Ltd. IND A1+ 4.59Reliance Jio Infocomm Ltd. CRISIL A1+ 4.59


Gujarat State Fertilizers & Chemicals Ltd. IND A1+ 4.59CEAT Ltd. IND A1+ 3.47CERTIFICATE OF DEPOSITS 19.59Canara Bank CRISIL A1+ 9.22Axis Bank Ltd. CRISIL A1+ 8.05Punjab National Bank [ICRA]A1+ 2.32T-BILLS 2.3091 DTB 19 SOV 2.30TREPS 17.43Cash & Cash Receivables 0.14TOTAL 100.00

IDBI Liquid Fund (ILIQF)(An open-ended liquid scheme)



Asset Profile

Commercial Papers60.54%

Certificate of Deposits19.59%

TREPS17.43%


T-Bills2.30%

Rating Profile

SOV

2.30%

A1+

80.13%

Product LabelThis product is suitable for investors who are seeking*: Riskometerl High level of liquidity along with regular income for

short terml Investments in Debt / Money Market Instruments

with maturity / residual maturity up to 91 days

Investors understand that their principal will be at Low risk


Scheme Features

Investment objective:The investment objective of the Scheme will be to provide investors with high level of liquidity along with regular income for their investment. The Scheme will endeavour to achieve this objective through an allocation of the investment corpus in a low risk portfolio of money market and debt instruments with maturity of up to 91 days. However, there can be no assurance that the investment objective of the Scheme will be realized.

Fund Manager: Total Experience: Over 27 YearsMr. Raju Sharma (Managing the Scheme since 3rd May, 2017)

Inception Date: 9th July, 2010

Benchmark:CRISIL Liquid Fund Index


Growth 2036.1255 2050.1991Daily Dividend 1005.2683 1002.3548Weekly Dividend 1023.6109 1003.6270Monthly Dividend 1004.7192 1003.1759Bonus^ 0000.0000 1535.3710^ Bonus option in this scheme has been discontinued from 15th July, 2015. NAV: 0.0000 indicates that there is no investment under the option

Monthly Average AUM: ` 2,249.60 Crs.

AUM as on 31st July 2019:` 2,160.18 Crs.


Quantitative Measures as on 31st July 2019:YTM : 5.99%Average Maturity : 27 DaysModified Duration : 27 Days




Others (` Per Unit)



IDBI Liquid Fund - Monthly Dividend (Regular Plan)25th July, 2019 4.1743 3.8654 1,009.2569 1,003.639425th June, 2019 3.7910 3.5105 1,008.7289 1,003.639427th May, 2019 4.4165 4.0897 1,009.5838 1,003.6394

IDBI Liquid Fund - Monthly Dividend (Direct Plan)25th July, 2019 4.2333 3.9201 1,007.7765 1,002.079925th June, 2019 3.8488 3.564 1,007.2469 1,002.079927th May, 2019 4.4790 4.1476 1,008.1082 1,002.0799


21


DEBENTURES 27.92Punjab National Bank IND A 6.14JK Cement Ltd. BWR AA 5.59Small Industries Development Bank of India CARE AAA 5.57ECL Finance Ltd. [ICRA]AA- 5.52Housing Development Finance Corpn. Ltd. CRISIL AAA 2.60Axis Bank Ltd. CRISIL AA+ 1.10JK Cement Ltd. BWR AA 0.45Housing and Urban Development Corpn. Ltd. [ICRA]AAA 0.40


Dewan Housing Finance Corpn. Ltd. CARE D 0.37Vedanta Ltd. CRISIL AA 0.18COMMERCIAL PAPERS 12.89Gruh Finance Ltd. CRISIL A1+ 9.19GFL Ltd. CRISIL A1+ 3.70CERTIFICATE OF DEPOSITS 18.35Canara Bank CRISIL A1+ 9.24Axis Bank Ltd. CRISIL A1+ 9.11TREPS 39.57Cash & Cash Receivables 1.27TOTAL 100.00

IDBI Ultra Short Term Fund (IUSTF)(An open ended ultra short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months to 6 months.#)



Asset Profile

Debentures27.92%

Certificate of Deposits18.35%

TREPS39.57%


Commercial Papers12.89%

Rating Profile

A

6.14%

AAA

8.57%

AA

6.22%

D

0.37%


l Regular income for short terml Investments in Debt/Money market instruments

with relatively lower interest rate risk, such that the Macaulay duration of the portfolio is maintained between 3 months to 6 months

Investors understand that their principal will be at Moderately Low risk


Scheme Features

Investment objective:The objective of the Scheme will be to provide investors with regular income for their investment by investing in debt and money market instruments with relatively lower interest rate risk, such that the Macaulay duration of the portfolio is maintained between 3 months to 6 months. However, there can be no assurance that the investment objective of the Scheme will be realized.

Fund Manager: Total Experience: Over 17 YearsMr. Bhupesh Kalyani (Managing the Scheme since 1st February, 2017)

Inception Date: 3rd September, 2010

Benchmark:CRISIL Liquid Fund Index


Growth 1905.3691 1980.3606Daily Dividend 986.8067 1001.7033Weekly Dividend 1037.5008 1040.5945Monthly Dividend 1077.1721 1400.3287Bonus^ 1905.5075 1979.3880

^Bonus option in this scheme has been discontinued from 15th July, 2015.




Quantitative Measures as on 31st July 2019:YTM : 6.78%Average Maturity : 175 DaysModified Duration : 138 Days




Others (` Per Unit)



IDBI Ultra Short Term Fund - Monthly Dividend (Regular Plan)26th April, 2019 4.4367 4.1084 1,113.0541 1,107.090526th March, 2019 4.2658 3.9502 1,111.9755 1,106.210426th February, 2019 2.4482 2.2670 1,107.8508 1,104.5729

IDBI Ultra Short Term Fund - Monthly Dividend (Direct Plan)26th April, 2019 6.1642 5.7081 1,445.6008 1,437.317226th March, 2019 5.9218 5.4836 1,444.0843 1,436.092426th February, 2019 3.5234 3.2627 1,438.5182 1,433.8080

Past performance may or may not be sustained in the future. After the payment of dividend, the per unit NAV of the Dividend option of the Scheme will fall to the extent of the dividend payout and statutory levy, if any. All dividend distribution is subject to availability of distributable surplus on the record date and will be at the discretion of IDBI Asset Management Ltd. and IDBI MF Trustee Company Ltd. For complete dividend history including daily dividend history, please refer to our website.** NAV of the record date.# please refer to the Scheme Information Document (SID) on which the concept of Macaulay’s duration has been explained.

22

IDBI Short Term Bond Fund (ISTBF)(An open-ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year to 3 years.#)


Asset Profile

Debentures89.84%


TREPS6.22%

Rating Profile

AA

32.47%

AA+

17.83%

D

2.62%


l Regular income for short terml Investments in Debt/Money market instruments

such that the Macaulay duration of the portfolio is maintained between 1 year to 3 years

Investors understand that their principal will be at Moderately Low risk


Scheme Features

Investment objective:The investment objective of the Scheme is to provide investors with regular income by investing in debt and money market instruments, such that the Macaulay duration of the portfolio is maintained between 1 year to 3 years. However, there can be no assurance that the investment objective of the Scheme will be realized.


Inception Date: 23rd March, 2011

Benchmark:CRISIL Short Term Bond Fund Index


Growth 18.1494 19.2414Weekly Dividend 11.1723 12.1414Monthly Dividend 11.7138 14.8256




Quantitative Measures as on 31st July 2019:YTM : 7.99%Average Maturity : 3.94 YearsModified Duration : 2.82 Years




Others (` Per Unit)



IDBI Short Term Bond Fund - Monthly Dividend (Regular Plan)28th May, 2019 0.0425 0.0393 12.1023 12.052526th April, 2019 0.0263 0.0244 12.0588 12.028626th March, 2019 0.0801 0.0742 12.1305 12.0182

IDBI Short Term Bond Fund - Monthly Dividend (Direct Plan)28th May, 2019 0.0575 0.0533 15.3088 15.240726th April, 2019 0.0381 0.0353 15.2538 15.209026th March, 2019 0.1084 0.1004 15.3464 15.1950

Past performance may or may not be sustained in the future. After the payment of dividend, the per unit NAV of the Dividend option of the Scheme will fall to the extent of the dividend payout and statutory levy, if any. All dividend distribution is subject to availability of distributable surplus on the record date and will be at the discretion of IDBI Asset Management Ltd. and IDBI MF Trustee Company Ltd. For complete dividend history including daily dividend history, please refer to our website.** NAV of the record date.# please refer to the Scheme Information Document (SID) on which the concept of Macaulay’s duration has been explained.

Portfolio as on 31/07/2019Issuer Name Rating % To Net Assets*DEBENTURES 89.84Bank of Baroda CARE AA 20.67Reliance Jio Infocomm Ltd. CRISIL AAA 11.85Cholamandalam Investment and Finance Co. Ltd. [ICRA]AA+ 10.49Housing and Urban Development Corpn. Ltd. [ICRA]AAA 8.96Reliance Industries Ltd. CRISIL AAA 8.80JK Cement Ltd. BWR AA 7.58ICICI Bank Ltd. [ICRA]AA+ 7.34NTPC Ltd. CRISIL AAA 7.31Dewan Housing Finance Corpn. Ltd. CARE D 2.62Hindalco Industries Ltd. CRISIL AA 2.18Vedanta Ltd. CRISIL AA 2.04TREPS 6.22Cash & Cash Receivables 3.94TOTAL 100.00

23

IDBI Credit Risk Fund (ICRF)(An open-ended debt scheme predominantly investing in AA and below rated corporate bonds)



Asset Profile

Debentures95.17%

TREPS0.15%


Rating Profile

AA51.41%

TREPS and Cash &Cash Receivables

4.83%

A20.34%

BBB+12.13%

D3.48%

AAA6.44%


l Regular income & capital appreciation through active management for at least medium term horizon

l Investments predominantly in AA and below rated corporate bonds across maturity spectrum

Investors understand that their principal will be at Moderate risk


Scheme Features

Investment objective:The investment objective of the Scheme is to generate regular income and opportunities for capital appreciation by investing predominantly in AA and below rated corporate bonds across maturity spectrum. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.


Inception Date: 3rd March, 2014

Benchmark:CRISIL Short Term Bond Fund Index


Growth 13.8425 14.5472Quarterly Dividend 9.7948 9.9221Annual Dividend 10.3496 11.1333





Load Structure:Entry Load : Not ApplicableExit Load : for Lumpsum - 0.75% for exit (Redemption/Switch-out) on or before 12 months

from the date of allotment. Nil after 12 months. for SIP - 0.75% for exit (Redemption/Switch-out) on or before 12 months

from the date of allotment of each installment. Nil after 12 months.



Others (` Per Unit)



IDBI Credit Risk Fund - Quarterly Dividend (Regular Plan)20th February, 2019 0.1785 0.1653 10.3989 10.153605th November, 2018 0.1033 0.0957 10.3073 10.164221st May, 2018 0.3899 0.3611 10.6505 10.1134IDBI Credit Risk Fund - Quarterly Dividend (Direct Plan)20th February, 2019 0.1923 0.1781 10.5164 10.252205th November, 2018 0.1299 0.1203 10.4359 10.2560021st May, 2018 0.4985 0.4616 10.8854 10.19800IDBI Credit Risk Fund - Annual Dividend (Regular Plan)21st May, 2018 0.5795 0.5366 11.0867 10.286520th April, 2017 1.0921 0.0000 12.0655 10.550227th March, 2015 0.6304 0.0000 11.0963 10.2355IDBI Credit Risk Fund - Annual Dividend (Direct Plan)21st May, 2018 2.2136 2.0498 14.0270 10.9598


Issuer Name Rating % To Net Assets*DEBENTURES 95.17Punjab National Bank IND A 20.34Vedanta Ltd. CRISIL AA 14.93TATA Power Co. Ltd. IND AA 13.57Yes Bank Ltd. [ICRA]BBB+ 12.13Hindalco Industries Ltd. CRISIL AA 11.57JK Cement Ltd. BWR AA 11.34Reliance Jio Infocomm Ltd. CRISIL AAA 6.44Dewan Housing Finance Corpn. Ltd. CARE D 3.48Axis Bank Ltd. CRISIL AA+ 1.37TREPS 0.15Cash & Cash Receivables 4.68TOTAL 100.00

24

IDBI Dynamic Bond Fund (IDBF)(An open-ended dynamic debt scheme investing across duration)



Asset Profile

Debentures68.65%


TREPS14.24%

Gov't Securities14.33%

Rating Profile

AAA

37.51%

AA

12.95%

AA+

9.64% A

7.88%

D

0.67%

SOV

14.33%


l Generate income along with attendant liquidity through active management of portfolio with at least medium term horizon

l Investments in Debt (including Government Securities) / Money Market Instruments

Investors understand that their principal will be at Moderate risk*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

Scheme Features

Investment objective:The objective of the scheme is to generate regular income while maintaining liquidity through active management of a portfolio comprising of debt and money market instruments.


Inception Date: 21st February 2012

Benchmark:CRISIL Composite Bond Fund Index



NAV: 0.0000 indicates that there is no investment under the option





Load Structure:Entry Load : Not ApplicableExit Load : for Lumpsum - 0.50% for exit (Redemption/Switch-out/Transfer/SWP) within

30 days from the date of allotment. For SIP - 0.50% for exit (Redemption/Switch-out/Transfer/SWP) within

30 days from the date of allotment.



Others (` Per Unit)



IDBI Dynamic Bond Fund - Quarterly Dividend (Regular Plan)20th February, 2019 0.1840 0.1704 10.7074 10.450205th November, 2018 0.1124 0.1041 10.5503 10.401327th July, 2017 0.1961 0.1817 10.7876 10.5012IDBI Dynamic Bond Fund - Quarterly Dividend (Direct Plan)20th February, 2019 0.2584 0.2393 13.5059 13.145505th November, 2018 0.1943 0.1799 13.3302 13.069729th September, 2014 0.3507 0.3358 10.7090 10.2445IDBI Dynamic Bond Fund - Annual Dividend (Regular Plan)20th April, 2017 0.8926 0.8270 11.6510 10.399927th March, 2015 0.7992 0.7412 11.3590 10.278217th April, 2014 0.1403 0.1343 10.3119 10.1496IDBI Dynamic Bond Fund - Annual Dividend (Direct Plan)27th March, 2015 0.8203 0.7607 11.4143 10.305117th April, 2014 0.1636 0.1567 10.3474 10.1555


Issuer Name Rating % To Net Assets*DEBENTURES 68.65Housing and Urban Development Corpn. Ltd. [ICRA]AAA 10.08Reliance Industries Ltd. CRISIL AAA 9.90NTPC Ltd. CRISIL AAA 9.41Housing Development Finance Corpn. Ltd. CRISIL AAA 8.12Punjab National Bank IND A 7.88Vedanta Ltd. CRISIL AA 6.57Bank of Baroda CRISIL AA+ 4.79ICICI Bank Ltd. [ICRA]AA+ 4.05JK Cement Ltd. BWR AA 3.58Hindalco Industries Ltd. CRISIL AA 2.80Axis Bank Ltd. CRISIL AA+ 0.80Dewan Housing Finance Corpn. Ltd. CARE D 0.67GOVERNMENT SECURITIES 14.33CGL 2029 SOV 14.33TREPS 14.24Cash & Cash Receivables 2.78TOTAL 100.00

25

IDBI Gilt Fund (IGF)(An open-ended debt scheme investing in government securities across maturity)



Asset Profile


TREPS43.40%

Gov't Securities56.22%


l Long term regular income along with capital appreciation with at least medium term horizon

l Investments in dated Central & State Government Securities / T-Bills / Money Market Instrument

Investors understand that their principal will be at Moderate risk


Issuer Name Rating % to Net Assets*

GOVERNMENT SECURITIES 56.22

CGL 2029 SOV 56.22

TREPS 43.40

Cash & Cash Receivables 0.38

TOTAL 100.00

Scheme Features

Investment objective:The investment objective of the scheme would be to provide regular income along with opportunities for capital appreciation through investments in a diversified basket of central government dated securities, state government securities and treasury bills. However, there can be no assurance that the investment objective of the scheme will be realized / achieved.


Inception Date: 21st December, 2012

Benchmark:CRISIL Dynamic Gilt Index







Load Structure:Entry Load : Not ApplicableExit Load : for Lumpsum - 0.50% for exit (Redemption/Switch-out/Transfer/SWP) within

30 days from the date of allotment. For SIP - 0.50% for exit (Redemption/Switch-out/Transfer/SWP) within

30 days from the date of allotment of each installment.



Others (` Per Unit)



IDBI Gilt Fund - Quarterly Dividend (Regular Plan)20th February, 2019 0.1936 0.1793 10.5697 10.296527th July, 2017 0.2353 0.2180 10.6557 10.310320th April, 2017 0.7883 0.7303 11.5717 10.4070IDBI Gilt Fund - Quarterly Dividend (Direct Plan)20th February, 2019 0.2253 0.2086 11.7303 11.412927th July, 2017 0.3575 0.0000 11.7938 11.277520th April, 2017 0.5462 0.0000 12.2578 11.4817IDBI Gilt Fund - Annual Dividend (Regular Plan)20th April, 2017 1.0847 0.0000 12.0341 10.518427th March, 2015 0.9936 0.9215 11.8111 10.472217th April, 2014 0.3585 0.3433 10.6705 10.2259

IDBI Gilt Fund - Annual Dividend (Direct Plan)20th April, 2017 0.9847 0.0000 12.2581 10.880927th March, 2015 0.9768 0.0000 11.8291 10.513717th April, 2014 0.3896 0.3732 10.7019 10.2176


26

IDBI Gold Fund (IGFOF)(An open-ended fund of fund scheme investing in IDBI Gold Exchange Traded Fund [IDBI Gold ETF])

Portfolio as on 31/07/2019Issuer Name % To Net Assets*

Units of IDBI Gold Exchange Traded Fund 99.86

Cash & Cash Receivables 0.14

TOTAL 100.00


Asset Profile

Cash & Cash Receivables

99.86%

0.14%

0.00%

20.00%

40.00%

60.00%

80.00%

100.00%

120.00%


l To replicate returns of IDBI Gold ETF with atleast medium term horizon

l Investments in units of IDBI Gold ETF / Money Market Instruments / IDBI Liquid Fund Scheme



Scheme Features

Investment objective:The investment objective of the Scheme will be to generate returns that correspond closely to the returns generated by IDBI Gold Exchange Traded Fund.

Fund Manager: Total Experience: Over 20 YearsMr. Firdaus Marazban Ragina (Managing the Scheme since 20th June 2019)

Inception Date: 14th August, 2012

Benchmark:Domestic price of Gold


Growth 10.1045 10.3952




Load Structure:Entry Load : Not ApplicableExit Load : for Lumpsum - 1% for exit (Redemption/Switch-out/Transfer/SWP) within

12 months from the date of allotment. for SIP - 1% for exit (Redemption/Switch-out/Transfer/SWP) within

12 months from the date of allotment of each installment.

AUM REPORT FOR THE QUARTER ENDED 30/06/2019Rs. in Lakhs

Asset Class-wise disclosure of AUM & AAUM

Category of the Scheme AUM as on the last day of the Quarter

Average AUM for the Quarter

Liquid Fund/Money Market Fund/ Floater Fund 130,626.72 285,547.33

Gilt Fund/ Glit Fund with 10 year constant duration 1,955.93 2,179.68

Remaining Income/ Debt Oriented Schemes 45,204.42 49,984.63

Growth/ Equity Oriented Schemes (Other than ELSS) 175,559.74 180,711.16

ELSS Funds 57,041.21 58,571.80

Hybrid Schemes 33,780.38 35,819.48

Solution Oriented Schemes 0.00 0.00

Index Funds 27,460.46 26,765.40

GOLD ETF 6,459.06 6,077.28

Other ETF 0.00 0.00

Fund of Fund investing overseas 0.00 0.00

Total 478,087.90 645,656.76

27

IDBI Gold Exchange Traded Fund (IDBIGOLD)(An open-ended scheme replicating/ tracking the performance of gold in domestic prices)

Portfolio as on 31/07/2019Issuer Name % To Net Assets*

Physical Gold & Gold Related Instruments# 96.99

TREPS 3.10

Cash & Cash Receivables (0.09)

TOTAL 100.00

* Rounded off to the nearest two digits after the decimal point.# Comprises of 30 Kgs deposited in the Gold Monetisation Scheme of Bank of Nova Scotia.

Asset Profile

Physical Gold & Gold Related Instruments

TREPS

Cash & Cash Receivables

96.99%

3.10%

0.00%

20.00%

40.00%

60.00%

80.00%

100.00%

120.00%

-0.09%


l To replicate the performance of gold in domestic prices with at least medium term horizon

l Investments in physical gold and gold related instruments / debt & money market instruments



Scheme FeaturesInvestment objective:To invest in physical gold and gold related instruments with the objective to replicate the performance of gold in domestic prices. The ETF will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the Fund and the underlying asset.

Fund Manager: Total Experience: Over 20 YearsMr. Firdaus Marazban Ragina (Managing the Scheme since 20th June 2019)

Inception Date: 9th November, 2011

Benchmark:Domestic price of Physical Gold

NAV as on 31st July 2019 (` per unit):

NAV 3,355.5281Physical Gold Price* 3,570.1450Cash Component -214.6169* Source: Bank of Nova Scotia (Custodian for IDBI Gold ETF)



Expense Ratio as on 31st July 2019:Regular : 0.35%Expense ratio is inclusive of GST on management fees.

Quantitative Measures as on 31st July 2019:Tracking Error : 0.2533% Annualised tracking error for last 12 month's period.


Listing:The Scheme is listed on National Stock Exchange of India Ltd. (NSE) and Bombay Stock Exchange Ltd. (BSE).

NSE Disclaimer for IDBI Gold Exchange Traded Fund : It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of the ‘Disclaimer Clause of NSE’.BSE Disclaimer for IDBI Gold Exchange Traded Fund : It is to be distinctly understood that the permission given by BSE Ltd. should not in any way be deemed or construed that the SID has been cleared or approved by BSE Ltd. nor does it certify the correctness or completeness of any of the contents of the SID. The investors are advised to refer to the SID for the full text of the ‘Disclaimer Clause of BSE Ltd.’

Our Branches:Ahmedabad : IDBI Mutual Fund, IDBI Complex, 3rd Floor, Near Lal Bungalows, Off. C G Road, Ahmedabad - 380 006. Tel.: 079-2640 0887 / 30. Fax: 079-26400844.Bengaluru : IDBI Mutual Fund, Mittal Towers, 209, A-Wing, 2nd Floor, M G Road, Bengaluru - 560 001. Tel.: 080-41495263.Chandigarh : IDBI Mutual Fund, IDBI Bank Ltd., Ground Floor, SCO 162-163, Sector-9C, Chandigarh - 160 009.Chennai : IDBI Mutual Fund, No. 115, Anna Salai, P. B. No. 805, Saidapet, Chennai - 600 015.Delhi : IDBI Mutual Fund, 1102-1103, Tolstoy House, Tolstoy Marg, New Delhi - 110 001.Hyderabad : IDBI Mutual Fund, 2nd Floor, 5-9-89/1 Chapel Road, Hyderabad - 500 001.Indore : IDBI Mutual Fund, IDBI Bank Ltd., First Floor, 16-C, Omni Palace, Ratlam Kothi Main Road, Indore - 452 001. Tel.: 0731-6679127.Jaipur : IDBI Mutual Fund, IDBI Bank Ltd., F-29, Gautam Marg, Opp. Reliance Fresh, Vaishali Nagar, Jaipur-302 021.Kochi : IDBI Mutual Fund, 2nd Floor, IDBI Bank Corporate Office, Near Passport Office, Panampally Nagar, P. B. No. 4253, Kochi - 682 036.Kolkata : IDBI Mutual Fund, IDBI House, 6th Floor, 44, Shakespeare Sarani, Kolkata - 700 017. Tel.: 033 - 66557627. Fax: 033-66557629.Lucknow : IDBI Mutual Fund, Ground Floor, Saran Chambers-II, 05 Park Road, Opp. Civil Hospital, Hazratganj, Lucknow - 226 001.Mumbai : IDBI Mutual Fund, 4th Floor, IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai - 400005. Tel.: 022-66442800.Pune : IDBI Mutual Fund, Office No. 91, 5th Floor, Shreenath Plaza, C Wing, F. C. Road, Shivajinagar, Pune - 411 005.

Contact usIDBI Asset Management Limited

(Investment Manager to IDBI Mutual Fund)CIN: U65100MH2010PLC199319

Registered Office: IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai - 400005Corporate Office: 4th Floor, IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai - 400005

Phone: 022-66442800 Fax: 022-66442801 E-mail: [email protected] Website: www.idbimutual.co.in

SMS: IDBIMF on 09220092200 Toll-free: 1800-419-4324 (from any landline or mobile number across India, between 9 am-6 pm from Monday to Saturday)

28

SCHEME PERFORMANCE - REGULAR PLANS (As of last business day of the month - July 2019)

Schemes Managed by Fund Manager (FM) - Ms. Uma Venkatraman Total Experience: Over 16 Years

IDBI Equity Advantage Fund (IEAF) Inception date: 10th September, 2013

PeriodReturns (in %) Value of ` 10,000/- invested

Scheme Benchmark# Additional Benchmark##

Scheme (`)

Benchmark# (`)

Additional Benchmark## (`)

1 year -8.50 -3.62 0.93 9,150 9,638 10,093 3 years 4.22 9.23 11.49 11,324 13,039 13,865 5 years 10.68 9.47 9.09 16,610 15,724 15,456 Since Inception 16.47 13.95 12.77 24,550 21,580 20,296 FM Managing this Scheme since 1st July 2018.# S&P BSE 200 Index-TRI, ## S&P BSE Sensex-TRI.

IDBI India Top 100 Equity Fund (IIT100EF) Inception date: 15th May 2012



Scheme (`)

Benchmark# (`)


Last 1 year -5.10 -2.33 -0.85 9,490 9,767 9,915 Last 3 years 4.11 9.71 10.17 11,287 13,211 13,379 Last 5 years 7.94 9.36 8.91 14,653 15,643 15,324 Since Inception 12.40 13.91 13.38 23,240 25,592 24,743 FM Managing this Scheme since 5th September 2017.# Nifty 100 Index-TRI, ## Nifty 50 Index-TRI.

IDBI Diversified Equity Fund (IDEF) Inception date: 28th March, 2014



Scheme (`)

Benchmark# (`)


Last 1 year -9.46 -5.28 0.93 9,054 9,472 10,093 Last 3 years 3.23 8.63 11.49 11,004 12,825 13,865 Last 5 years 9.40 9.17 9.09 15,671 15,513 15,456 Since Inception 13.44 12.34 11.74 19,620 18,625 18,104 FM Managing this Scheme since 20th June 2019.# S&P BSE 500-TRI, ## S&P BSE Sensex-TRI.

IDBI Midcap Fund (IMF) Inception date: 25th January, 2017



Scheme (`)

Benchmark# (`)


Last 1 year -18.12 -14.85 -0.85 8,188 8,515 9,915

Since Inception -1.33 2.22 12.33 9,670 10,568 13,391 FM Managing this Scheme since 20th June 2019.The Regular Plan of this scheme is in existence for a period less than 3 years.# Nifty Midcap 100 - TRI, ## Nifty 50 Index-TRI.

IDBI Small Cap Fund (ISF) Inception date: 21st June, 2017



Scheme (`)

Benchmark# (`)


Last 1 year -18.02 -22.12 -0.85 8,198 7,788 9,915

Since Inception -7.62 -12.02 8.54 8,460 7,633 11,887 FM Managing this Scheme since 5th September 2017.The Regular Plan of this scheme is in existence for a period less than 3 years.#Nifty Smallcap 250 Index TRI, ## Nifty 50 Index-TRI

IDBI Focused 30 Equity Fund (IF30EF) Inception date: 17th November, 2017



Scheme (`)

Benchmark# (`)


Last 1 year -9.79 -2.33 -0.85 9,021 9,767 9,915 Since Inception -3.57 4.20 6.13 9,400 10,726 11,065 FM Managing this Scheme since 20th June 2019.The Regular Plan of this scheme is in existence for a period less than 3 years.#Nifty 100 TRI, ## Nifty 50 TRI

IDBI Banking & Financial Services Fund (IB&FSF) Inception date: 4th June, 2018



Scheme (`)

Benchmark# (`)


Last 1 year 0.59 9.62 -0.85 10,059 10,962 9,915 Since Inception 1.47 15.19 5.52 10,170 11,776 10,640 FM Managing this Scheme since inceptionThe Regular Plan of this scheme is in existence for a period less than 3 years.#NIFTY Financial Services - TRI, ## Nifty 50 TRI

Schemes Managed by Fund Manager (FM) - Mr. Firdaus Marazban Ragina Total Experience: Over 20 Years

IDBI Nifty Index Fund (INIF) Inception date: 25th June, 2010


Scheme Benchmark# Scheme (`) Benchmark# (`)

Last 1 year -1.90 -0.85 9,810 9,915

Last 3 years 8.23 10.17 12,685 13,379

Last 5 years 7.01 8.91 14,032 15,324

Since Inception 8.22 9.90 20,532 23,618 FM Managing this Scheme since 9th October 2018.# Nifty 50 Index-TRI.

IDBI Nifty Junior Index Fund (INJIF) Inception date: 20th September, 2010



Scheme (`)

Benchmark# (`)


Last 1 year -11.85 -11.16 -0.85 8,815 8,884 9,915

Last 3 years 4.75 6.65 10.17 11,496 12,136 13,379

Last 5 years 9.23 11.30 8.91 15,553 17,085 15,324

Since Inception 7.94 9.81 8.58 19,682 22,934 20,739 FM Managing this Scheme since 9th October 2018.# Nifty Next 50 Index-TRI, ## Nifty 50 Index-TRI.

IDBI Gold Fund (IGFOF) Inception date: 14th August, 2012


Scheme Benchmark# Scheme (`)

Benchmark# (`)

Last 1 year 17.95 20.41 11,795 12,041

Last 3 years 1.36 3.58 10,414 11,116

Last 5 years 2.69 5.01 11,422 12,771

Since Inception 0.15 2.36 10,105 11,767 FM Managing this Scheme since 20th June 2019.# Domestic price of physical Gold.

IDBI Gold Exchange Traded Fund (IDBIGOLD) Inception date: 9th November, 2011



Benchmark# (`)

Last 1 year 19.55 20.41 11,955 12,041

Last 3 years 3.10 3.58 10,962 11,116

Last 5 years 4.34 5.01 12,366 12,771

Since Inception 1.90 2.72 11,565 12,304 FM Managing this Scheme since 20th June 2019.# Domestic price of physical Gold.

Scheme Managed by Fund Managers (FM) - Mrs. Uma Venkatraman (Equity Portion) - Total Experience: Over 16 Years &

Mr. Raju Sharma (Debt Portion) Total Experience: Over 27 Years

IDBI Hybrid Equity Fund (IHEF) Inception Date: 24th October, 2016



Scheme (`)

Benchmark# (`)


Last 1 year -11.41 2.08 -0.85 8,859 10,208 9,915

Since Inception 2.81 8.62 10.67 10,798 12,570 13,237 Mrs. Uma Venkatraman (Equity Portion) since 1st July 2018 &Mr. Raju Sharma Managing this Scheme (Debt Portion) since 3rd May, 2017The Regular Plan of this scheme is in existence for a period less than 3 years.# CRISIL Hybrid 35+65-Aggressive Index, ## Nifty 50 Index-TRI.

IDBI Equity Savings Fund (IESF) Inception Date: 27th March, 2018



Scheme (`)

Benchmark# (`)


Last 1 year 0.36 5.84 -0.85 10,036 10,584 9,915

Since Inception 2.19 8.22 8.28 10,296 11,122 11,130 Mr. Raju Sharma Managing this Scheme (Debt Portion) since 3rd May 2017 & Ms.Uma Venkatraman Managing this Scheme (Equity Portion) since 5th September 2017.The Regular Plan of this scheme is in existence for a period less than 3 years.# 40% of CRISIL Liquid Fund Index + 30% CRISIL Short term Bond Fund Index + 30% of Nifty 50 Index, ## Nifty 50 Index - TRI

29

SCHEME PERFORMANCE - REGULAR PLANS (As of last business day of the month - July 2019) (contd...)

IDBI Equity Advantage Fund (IEAF)Instalment amount: ` 10,000/-Frequency: Monthly

Investment date: 1st of every monthInception date: 10th September, 2013

Since Inception 5 years 3 years 1 year

Total amount invested (Rs. in '000) 710.00 600.00 360.00 120.00 Market value as on 31st July, 2019 (Rs. in '000) 900.01 663.08 357.65 112.71Scheme Return (% XIRR) 7.93 3.95 -0.42 -11.11Benchmark (S&P BSE 200 Index-TRI#) return (% XIRR) 9.82 8.24 5.70 -3.82Additional Benchmark (S&P BSE Sensex-TRI##) return (%XIRR) 10.80 10.13 10.23 2.01

IDBI India Top 100 Equity Fund (IIT100 EF)Instalment amount: ` 10,000/-Frequency: Monthly

Investment date: 1st of every monthInception date: 15th May, 2012


Total amount invested (Rs. in '000) 870.00 600.00 360.00 120.00 Market value as on 31st July, 2019 (Rs. in '000) 1197.76 669.79 369.06 119.57Scheme Return (% XIRR) 8.67 4.35 1.62 -0.66Benchmark (Nifty 100-TRI#) return (% XIRR) 11.22 8.72 6.88 -2.10Additional Benchmark (Nifty 50 Index-TRI##) return (%XIRR) 11.00 9.06 8.13 -0.61

IDBI Diversified Equity Fund (IDEF)Instalment amount: ` 10,000/-Frequency: Monthly

Investment date: 1st of every monthInception date: 28th March, 2014


Total amount invested (Rs. in '000) 650.00 600.00 360.00 120.00 Market value as on 31st July, 2019 (Rs. in '000) 744.84 652.30 356.65 113.53Scheme Return (% XIRR) 4.98 3.30 -0.61 -9.88Benchmark (S&P BSE 500 Index-TRI#) return (% XIRR) 8.19 7.53 4.30 -5.61Additional Benchmark (S&P BSE Sensex-TRI##) return (%XIRR) 10.28 10.13 10.23 2.01

IDBI Nifty Index Fund (INIF)Instalment amount: ` 10,000/-Frequency: Monthly

Investment date: 1st of every monthInception date: 25th June, 2010


Total amount invested (Rs. in '000) 1,100.00 600.00 360.00 120.00 Market value as on 31st July, 2019 (Rs. in '000) 1676.27 719.23 396.54 118.96Scheme Return (% XIRR) 8.94 7.19 6.39 -1.61Benchmark (Nifty 50 Index-TRI #) return (% XIRR) 10.73 9.06 8.13 -0.61Additional Benchmark (Nifty 50 Index-TRI ##) return (%XIRR) 10.73 9.06 8.13 -0.61

IDBI Nifty Junior Index Fund (INJIF)Instalment amount: ` 10,000/-Frequency: Monthly



Total amount invested (Rs. in '000) 1070.00 600.00 360.00 120.00Market value as on 31st July, 2019 (Rs. in '000) 1712.62 670.90 348.33 112.19Scheme Return (% XIRR) 10.25 4.42 -2.13 -11.89Benchmark (Nifty Next 50 Index-TRI#) return (% XIRR) 12.37 6.38 -0.47 -11.09Additional Benchmark (Nifty 50 Index-TRI##) return (%XIRR) 10.77 9.06 8.13 -0.61

# Scheme Benchmark ## Additional Benchmark as per SEBI Circular dated August 22, 2011.

Past Performance may or may not be sustained in the future. Returns pertain to growth option under Regular Plan and the same have been computed using XIRR by excel spreadsheet function. XIRR helps in calculating return on investments based on cash flows that are uniform and regular monthly subscriptions. The Regular and Direct Plan of IDBI Mutual Fund have different expense structure.

SYSTEMATIC INVESTMENT PLAN (SIP) PERFORMANCE EQUITY FUNDS - REGULAR PLANS (As of last business day of the month - July 2019)

Schemes Managed by Fund Manager (FM) - Mr. Raju Sharma - Total Experience: Over 27 Years

IDBI Liquid Fund (ILIQF) Inception date: 9th July, 2010



Scheme (`)

Benchmark# (`)


Last 1 year 7.45 7.61 8.24 10745 10761 10824Last 3 years 7.05 7.15 6.77 12269 12301 12173Last 5 years 7.55 7.60 7.31 14392 14423 142311 month 0.59 0.59 0.73 N.A. N.A. N.A.2 weeks 0.24 0.24 0.26 N.A. N.A. N.A.1 week 0.13 0.13 0.16 N.A. N.A. N.A.Since Inception 8.16 7.97 6.97 20361 20042 18421FM Managing this Scheme since 3rd May 2017# CRISIL Liquid Fund Index, ## CRISIL 1 Year T-Bill Index, NA Not Applicable.

IDBI Dynamic Bond Fund (IDBF) Inception date: 21st February, 2012



Scheme (`)

Benchmark# (`)


Last 1 year 7.54 12.76 16.64 10,754 11,276 11,664 Last 3 years 4.17 7.95 7.55 11,307 12,582 12,444 Last 5 years 6.05 9.37 9.23 13,414 15,654 15,555 Since Inception 5.96 8.81 7.76 15,390 18,748 17,438

FM Managing this Scheme since 3rd May 2017# CRISIL Composite Bond Fund Index, ## CRISIL 10 Year Gilt Index.

IDBI Gilt Fund (IGF) Inception date: 21st December, 2012



Scheme (`)

Benchmark# (`)



FM Managing this Scheme since 3rd May 2017# CRISIL Dynamic Gilt Index, ## CRISIL 10 Year Gilt Index.

Schemes Managed by Fund Manager (FM) - Mr. Bhupesh Kalyani Total Experience: Over 17 Years

IDBI Ultra Short Term Fund (IUSTF) Inception date: 3rd September, 2010



Scheme (`)

Benchmark# (`)



FM Managing this Scheme since 1st February 2017.# CRISIL Liquid Fund Index, ## CRISIL 1 Year T-Bill Index.

IDBI Short Term Bond Fund (ISTBF) Inception date: 23rd March, 2011



Scheme (`)

Benchmark# (`)



FM Managing this Scheme since 1st February 2017.# CRISIL Short Term Bond Fund Index, ## CRISIL 1 Year T-Bill Index

IDBI Credit Risk Fund (ICRF) Inception date: 3rd March, 2014



Scheme (`)

Benchmark# (`)


Last 1 year -0.90 9.57 8.24 9,910 10,957 10,824 Last 3 years 3.60 7.53 6.77 11,123 12,433 12,173 Last 5 years 5.82 8.32 7.31 13,269 14,918 14,231 Since Inception 6.19 8.53 7.42 13,843 15,575 14,732

FM Managing this Scheme since 1st February 2017.# CRISIL Short Term Bond Fund Index, ## CRISIL 1 Year T-Bill Index

# Scheme Benchmark; ## Additional Benchmark as per SEBI Circular dated August 22, 2011.Past performance may or may not be sustained in the future. Returns pertain to growth option under Regular Plan. The returns are Compounded Annual Growth Returns (CAGR) for past 1 year, 3 years, 5 years & since inception period and annualised for the period below 1 year. The Regular and Direct Plan of IDBI Mutual Fund have different expense structure.

30

SCHEME PERFORMANCE - DIRECT PLANS (As of last business day of the month - July 2019)

Schemes Managed by Fund Manager (FM) - Ms. Uma Venkatraman Total Experience: Over 16 Years

IDBI Equity Advantage Fund (IEAF) Inception date: 10th September, 2013



Scheme (`)

Benchmark# (`)


Last 1 year -7.03 -3.62 0.93 9,297 9,638 10,093 Last 3 years 5.90 9.23 11.49 11,879 13,039 13,865 Last 5 years 12.09 9.47 9.09 17,699 15,724 15,456 Since Inception 17.84 13.95 12.77 26,300 21,580 20,296 FM Managing this Scheme since 1st July, 2018# S&P BSE 200 Index-TRI, ## S&P BSE Sensex-TRI.

IDBI India Top 100 Equity Fund (IIT100EF) Inception date: 1st January, 2013



Scheme (`)

Benchmark# (`)


Last 1 year -3.52 -2.33 -0.85 9,648 9,767 9,915 Last 3 years 5.85 9.71 10.17 11,864 13,211 13,379 Last 5 years 9.27 9.36 8.91 15,584 15,643 15,324 Since Inception 11.57 11.75 11.37 20,552 20,773 20,311 FM Managing this Scheme since 5th September 2017.# Nifty 100 Index-TRI, ## Nifty 50 Index-TRI.

IDBI Diversified Equity Fund (IDEF) Inception date: 28th March, 2014



Scheme (`)

Benchmark# (`)


Last 1 year -7.84 -5.28 0.93 9,216 9,472 10,093 Last 3 years 5.16 8.63 11.49 11,632 12,825 13,865 Last 5 years 10.89 9.17 9.09 16,770 15,513 15,456 Since Inception 14.92 12.34 11.74 21,030 18,625 18,104 FM Managing this Scheme since 20th June 2019.# S&P BSE 500-TRI, ## S&P BSE Sensex-TRI.

IDBI Midcap Fund (IMF) Inception date: 25th January, 2017



Scheme (`)

Benchmark# (`)


Last 1 year -16.68 -15.66 -0.85 8,332 8,515 9,915

Since Inception 0.95 1.06 12.33 10,240 10,568 13,391 FM Managing this Scheme since 20th June 2019.The Direct Plan of this scheme is in existence for a period less than 3 years.# Nifty Midcap 100 - TRI, ## Nifty 50 Index-TRI.

IDBI Small Cap Fund (ISF) Inception date: 21st June, 2017



Scheme (`)

Benchmark# (`)


Last 1 year -16.43 -22.12 -0.85 8,357 7,788 9,915 Since Inception -5.37 -12.02 8.54 8,900 7,633 11,887 FM Managing this Scheme since 5th September, 2017.The Direct Plan of this scheme is in existence for a period less than 3 years.#Nifty Smallcap 250 Index TRI, ## Nifty 50 Index-TRI

IDBI Focused 30 Equity Fund (IF30EF) Inception date: 17th November, 2017



Scheme (`)

Benchmark# (`)


Last 1 year -8.00 -2.33 -0.85 9,200 9,767 9,915 Since Inception -1.30 4.20 6.13 9,780 10,726 11,065 FM Managing this Scheme since 20th June 2019.The Regular Plan of this scheme is in existence for a period less than 3 years.#Nifty 100 TRI, ## Nifty 50 TRI

IDBI Banking & Financial Services Fund (IB&FSF) Inception date: 4th June, 2018



Scheme (`)

Benchmark# (`)


Last 1 year 3.05 9.62 -0.85 10,305 10,962 9,915 Since Inception 3.97 15.19 5.52 10,460 11,776 10,640 FM Managing this Scheme since inceptionThe Direct Plan of this scheme is in existence for a period less than 3 years.#NIFTY Financial Services - TRI, ## Nifty 50 TRI

Schemes Managed by Fund Manager (FM) - Mr. Firdaus Marazban Ragina Total Experience: Over 20 Years

IDBI Nifty Index Fund (INIF) Inception date: 1st January, 2013


Scheme Benchmark# Scheme (`) Benchmark# (`)

Last 1 year -1.03 -0.85 9,897 9,915

Last 3 years 9.48 10.17 13,128 13,379

Last 5 years 8.11 8.91 14,768 15,324

Since Inception 10.55 11.37 19,345 20,311

FM Managing this Scheme since 9th October 2018.# Nifty 50 Index-TRI.

IDBI Nifty Junior Index Fund (INJIF) Inception date: 1st January, 2013



Scheme (`)

Benchmark# (`)


Last 1 year -11.20 -11.16 -0.85 8,880 8,884 9,915

Last 3 years 5.91 6.65 10.17 11,883 12,136 13,379

Last 5 years 10.34 11.30 8.91 16,358 17,085 15,324

Since Inception 12.22 13.32 11.37 21,355 22,774 20,311

FM Managing this Scheme since 9th October 2018.# Nifty Next 50 Index-TRI, ## Nifty 50 Index-TRI.

IDBI Gold Fund (IGFOF) Inception date: 1st January, 2013



Benchmark# (`)

Last 1 year 18.58 20.41 11,858 12,041

Last 3 years 1.90 3.58 10,583 11,116

Last 5 years 3.18 5.01 11,693 12,771

Since Inception 0.59 2.26 10,398 11,587

FM Managing this Scheme since 20th June 2019.# Domestic price of physical Gold.

Scheme Managed by Fund Managers (FM) - Ms. Uma Venkatraman (Equity Portion) - Total Experience: Over 16 Years &

Mr. Raju Sharma (Debt Portion) Total Experience: Over 27 Years

IDBI Hybrid Equity Fund (IHEF) Inception Date: 24th October, 2016



Scheme (`)

Benchmark# (`)


Last 1 year -9.91 2.08 -0.85 9,009 10,208 9,915

Since Inception 4.74 8.62 10.67 11,368 12,570 13,237

Mrs. Uma Venkatraman (Equity Portion) since 1st July, 2018 &Mr. Raju Sharma Managing this Scheme (Debt Portion) since 3rd May, 2017The Direct Plan of this scheme is in existence for a period less than 3 years.# CRISIL Hybrid 35+65-Aggressive Index, ## Nifty 50 Index-TRI.

IDBI Equity Savings Fund (IESF) Inception Date: 27th March, 2018



Scheme (`)

Benchmark# (`)


Last 1 year 2.22 5.84 -0.85 10,222 10,584 9,915

Since Inception 4.18 8.22 8.28 10,566 11,122 11,130

Mr. Raju Sharma Managing this Scheme (Debt Portion) since 3rd May 2017 &Ms. Uma Venkatraman Managing this Scheme (Equity Portion) since 5th September, 2017# 40% of CRISIL Liquid Fund Index + 30% CRISIL Short Term Bond Fund Index + 30% of Nifty 50 Index, ## Nifty 50 Index - TRI

31

SCHEME PERFORMANCE - DIRECT PLANS (As of last business day of the month - July 2019) (contd...)

IDBI Equity Advantage Fund (IEAF)Instalment amount: ` 10,000/-Frequency: Monthly



Total amount invested (Rs. in '000) 710.00 600.00 360.00 120.00Market value as on 31st July, 2019 (Rs. in '000) 943.45 690.26 367.18 113.63Scheme Return (% XIRR) 9.51 5.55 1.29 -9.74Benchmark (S&P BSE 200 Index-TRI#) return (% XIRR) 9.82 8.24 5.70 -3.82Additional Benchmark (S&P BSE Sensex-TRI##) return (%XIRR) 10.80 10.13 10.23 2.01

IDBI India Top 100 Equity Fund (IIT100 EF)Instalment amount: ` 10,000/-Frequency: Monthly

Investment date: 1st of every monthInception date: 1st January, 2013


Total amount invested (Rs. in '000) 790.00 600.00 360.00 120.00Market value as on 31st July, 2019 (Rs. in '000) 1076.40 697.49 379.23 120.60Scheme Return (% XIRR) 9.27 5.97 3.41 0.93Benchmark (Nifty 100-TRI#) return (% XIRR) 10.66 8.72 6.88 -2.10Additional Benchmark (Nifty 50 Index-TRI##) return (%XIRR) 10.55 9.06 8.13 -0.61

IDBI Diversified Equity Fund (IDEF)Instalment amount: ` 10,000/-Frequency: Monthly

Investment date: 1st of every monthInception date: 28th March, 2014


Total amount invested (Rs. in '000) 650.00 600.00 360.00 120.00Market value as on 31st July, 2019 (Rs. in '000) 781.50 682.36 367.65 114.58Scheme Return (% XIRR) 6.74 5.09 1.37 -8.30Benchmark (S&P BSE 500 Index-TRI#) return (% XIRR) 8.19 7.53 4.30 -5.61Additional Benchmark (S&P BSE Sensex-TRI##) return (%XIRR) 10.28 10.13 10.23 2.01

IDBI Nifty Index Fund (INIF)Instalment amount: ` 10,000/-Frequency: Monthly



Total amount invested (Rs. in '000) 790.00 600.00 360.00 120.00Market value as on 31st July, 2019 (Rs. in '000) 1094.44 740.94 403.48 119.49Scheme Return (% XIRR) 9.77 8.38 7.56 -0.79Benchmark (Nifty 50-TRI#) return (% XIRR) 10.55 9.06 8.13 -0.61Additional Benchmark (Nifty 50 Index-TRI##) return (%XIRR) 10.55 9.06 8.13 -0.61

IDBI Nifty Junior Index Fund (INJIF)Instalment amount: ` 10,000/-Frequency: Monthly



Total amount invested (Rs. in '000) 790.00 600.00 360.00 120.00Market value as on 31st July, 2019 (Rs. in '000) 1097.81 690.84 353.74 112.61Scheme Return (% XIRR) 9.86 5.58 -1.14 -11.26Benchmark (Nifty Next 50 Index-TRI #) return (% XIRR) 10.90 6.38 -0.47 -11.09Additional Benchmark (Nifty 50 Index-TRI##) return (%XIRR) 10.55 9.06 8.13 -0.61

# Scheme Benchmark ## Additional Benchmark as per SEBI Circular dated August 22, 2011.

Past Performance may or may not be sustained in the future. Returns pertain to growth option under Direct Plan and the same have been computed using XIRR by excel spreadsheet function. XIRR helps in calculating return on investments based on cash flows that are uniform and regular monthly subscriptions. The Regular and Direct Plan of IDBI Mutual Fund have different expense structure.

SYSTEMATIC INVESTMENT PLAN (SIP) PERFORMANCE EQUITY FUNDS - DIRECT PLANS (As of last business day of the month - July 2019)

MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.

Schemes Managed by Fund Manager (FM) - Mr. Raju Sharma - Total Experience: Over 27 Years

IDBI Liquid Fund (ILIQF) Inception date: 1st January, 2013



Scheme (`)

Benchmark# (`)


Last 1 year 7.57 7.61 8.24 10,757 10,761 10,824 Last 3 years 7.17 7.15 6.77 12,310 12,301 12,173 Last 5 years 7.67 7.60 7.31 14,471 14,423 14,231 1 month 0.60 0.59 0.73 N.A. N.A. N.A. 2 weeks 0.24 0.24 0.26 N.A. N.A. N.A. 1 week 0.13 0.13 0.16 N.A. N.A. N.A. Since Inception 8.03 7.98 7.18 16,628 16,572 15,779 FM Managing this Scheme since 3rd May 2017# CRISIL Liquid Fund Index, ## CRISIL 1 Year T-Bill Index, NA Not Applicable.

IDBI Dynamic Bond Fund (IDBF) Inception date: 1st January, 2013



Scheme (`)

Benchmark# (`)


Last 1 year 8.72 12.76 16.64 10,872 11,276 11,664 Last 3 years 5.51 7.95 7.55 11,748 12,582 12,444 Last 5 years 7.08 9.37 9.23 14,083 15,654 15,555 Since Inception 6.34 8.77 7.69 14,984 17,390 16,279 FM Managing this Scheme since 3rd May 2017# CRISIL Composite Bond Fund Index, ## CRISIL 10 Year Gilt Index.

IDBI Gilt Fund (IGF) Inception date: 1st January, 2013



Scheme (`)

Benchmark# (`)


Last 1 year 13.63 14.63 16.64 11,363 11,463 11,664 Last 3 years 6.40 7.80 7.55 12,050 12,531 12,444 Last 5 years 8.06 9.54 9.23 14,740 15,776 15,555 Since Inception 7.82 8.52 7.69 16,414 17,129 16,279 FM Managing this Scheme since 3rd May 2017# CRISIL Dynamic Gilt Index, ## CRISIL 10 Year Gilt Index.

Schemes Managed by Fund Manager (FM) - Mr. Bhupesh Kalyani Total Experience: Over 17 Years

IDBI Ultra Short Term Fund (IUSTF) Inception date: 1st January, 2013



Scheme (`)

Benchmark# (`)


Last 1 year 3.15 7.61 8.24 10,315 10,761 10,824 Last 3 years 5.83 7.15 6.77 11,857 12,301 12,173 Last 5 years 7.05 7.60 7.31 14,058 14,423 14,231 Since Inception 7.55 7.98 7.18 16,148 16,572 15,779 FM Managing this Scheme since 1st February 2017.# CRISIL Liquid Fund Index, ## CRISIL 1 Year T-Bill Index.

IDBI Short Term Bond Fund (ISTBF) Inception date: 1st January, 2013



Scheme (`)

Benchmark# (`)


Last 1 year 4.18 9.57 8.24 10,418 10,957 10,824 Last 3 years 6.20 7.53 6.77 11,980 12,433 12,173 Last 5 years 7.45 8.32 7.31 14,326 14,918 14,231 Since Inception 7.79 8.48 7.18 16,378 17,085 15,779 FM Managing this Scheme since 1st February 2017.# CRISIL Short Term Bond Fund Index, ## CRISIL 1 Year T-Bill Index.

IDBI Credit Risk Fund (ICRF) Inception date: 3rd March, 2014



Scheme (`)

Benchmark# (`)


Last 1 year -0.12 9.57 8.24 9,988 10,957 10,824 Last 3 years 4.66 7.53 6.77 11,469 12,433 12,173 Last 5 years 6.81 8.32 7.31 13,901 14,918 14,231 Since Inception 7.17 8.53 7.42 14,547 15,575 14,732 FM Managing this Scheme since 1st February 2017.# CRISIL Short Term Bond Fund Index, ## CRISIL 1 Year T-Bill Index

# Scheme Benchmark; ## Additional Benchmark as per SEBI Circular dated August 22, 2011.Past performance may or may not be sustained in the future. Returns pertain to growth option under Direct Plan. The returns are Compounded Annual Growth Returns (CAGR) for past 1 year, 3 years, 5 years & since inception period and annualised for the period below 1 year. The Regular and Direct Plan of IDBI Mutual Fund have different expense structure.

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