Factsheet - maestrofinancial.in Pioneer Mutual... · 31st December, 2016 BARODA PIONEER MUTUAL FUND Dear Investors, Warm Greetings! December month for the year 2016 largely mirrored

FactsheetDecember 2016

31st December, 2016

BARODA PIONEER MUTUAL FUND

Dear Investors,

Warm Greetings!

December month for the year 2016 largely mirrored that of last year. Fed hiked interest rate post a gap of one year and we witnessed another washout of winter session in Parliament. Post decline in November, stock markets were flattish during the month. FII pulled out USD1.27bn from Equity markets during the month and Mutual funds invested USD930bn during the month. During the year net equity investments by FII stood at USD2.8bn.

After a year of waiting, the Fed delivered another hike, raising the federal funds rate by 25bp to 0.5%-0.75%, as expected by the market. The current dot plot indicates that rates may hike at a faster pace in 2017, as compared to the expectation from the September dot plot. Fed Chair, Janet Yellen, mentioned in the accompanying press conference that the broad upward shift in the dot plot may have resulted from participants incorporating fiscal expectations in their Fed Funds rate projections, while emphasizing that the upward revision was a minor

change.

In the December’s Bi-Monthly Monetary policy, RBI kept the repo rate and CRR unchanged vs. market expectation of 25bps REPO rate cut. This policy decision is taken by the newly constituted Monetary Policy Committee and all the members voted in favour of the decision. The CPI projection for March 2017 is at 5% with upside risk but lower than that of October’s policy. The impact from demonetization on CPI is seen at 10-15bps in Q3 FY-2017. GVA growth estimate revised down by 50bps to 7.1% in FY-2017 due to moderation of growth in last quarter and impact of demonetization. The MPC acknowledged that the impact of demonetization is likely to be transitory and is likely to be positive for growth in medium to long term.

The winter session of parliament concluded during the month and was the least productive in the last 15 years. As against an average productivity of 92 percent for the 16th Lok Sabha and 71 percent for the Rajya Sabha, during the winter session the Lok Sabha worked from merely 15 percent and the Rajya Sabha for 18 percent of its scheduled time.

October’s IIP contracted to 1.9% against growth of 0.7% in September. The decline in IIP growth was partly owing to lower number of working days. Sector-wise, manufacturing contracted to 2.4% after a growth of 0.9% in September. Mining sector contracted to 1.1% after contracting to 3.2% in September. However, month on month, mining production grew to 12%. Electricity sector growth was at 1.1% vs 2.4% in September, lower than 2.9% growth in core sector data. IIP growth has averaged at (-)0.3% in FYTD17 vs 4.9% in FYTD16, implying no recovery in industrial growth over the year.

CPI inflation eased sharply to 3.63% in November after 4.2% in October. The sharp correction was largely on account of food inflation decelerating to 2.11% from 3.3% in October. Core inflation remained sticky at 4.9% from 4.86% in October, although the sequential increase has slowed, partly reflecting the impact of cash crunch.

2016 was a challenging year for Indian stock markets. In USD terms, BSE Sensex was flattish in 2016, vs 17% decline for China market. Brazil was the best performing markets registering gains of 69% in USD terms. Stock markets have corrected, which may give a good opportunity for long term investors. With expectations of improving growth and the economy is likely to benefit from falling crude prices, India may continue to attract global investors. We continue to be constructive on equities with valuations being just a shade below long-term averages.

Happy Investing!

Sanjay ChawlaChief Investment Officer

Source : Bloomberg, Economic Times

CIO Letter

2

Mr. Sanjay ChawlaChief Investment Officer

31st December, 2016


INDEX

Title

How To Read Factsheet Pg 4

Baroda Pioneer Growth Fund Pg 5

Baroda Pioneer ELSS’ 96 Pg 6

Baroda Pioneer Mid Cap Fund Pg 7

Baroda Pioneer Large Cap Fund Pg 8

Baroda Pioneer Banking and Financial Services Fund Pg 9

Baroda Pioneer Balance Fund Pg 10

Baroda Pioneer Monthly Income Plan (MIP) Fund(Monthly income is not assured and is subject to the availability of distributable surplus)

Pg 11

Baroda Pioneer Credit Opportunities Fund Pg 12

Baroda Pioneer Gilt Fund Pg 13

Baroda Pioneer Income Fund Pg 14

Baroda Pioneer Dynamic Bond Fund Pg 15

Baroda Pioneer Short Term Bond Fund Pg 16

Baroda Pioneer Treasury Advantage Fund Pg 17

Baroda Pioneer Liquid Fund Pg 18

Investment Performance Pg 19

SIP Returns Pg 23

Dividend History Pg 24

3

31st December, 2016


Fund Manager : An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.

Application Amount for Fresh Subscription : This is the minimum investment amount for a new investor in a mutual fund scheme.

Minimum Additional Amount : This is the minimum investment amount for an existing investor in a mutual fund scheme.

Yield to Maturity : The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond’s current market price, par value, coupon interest rate and time to maturity.

SIP : SIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bank deposit. For instance, an investor may opt for an SIP that invests Rs 500 every 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 Gsec.

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 : Beta is a measure of an investment’s volatility vis-à-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security’s price will be more volatile than the market.

AUM : AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Holdings : The holdings or the 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.

How To Read Factsheet?

4

31st December, 2016


Baroda Pioneer Growth Fund

PORTFOLIO

Name of Instruments Ratings / Industries

% to Net Assets

EQUITY & EQUITY RELATED

Listed / awaiting listing on the stock exchanges

IndusInd Bank Ltd. Banks 6.15%

Infosys Ltd. Software 5.92%

HCL Technologies Ltd. Software 4.34%

Maruti Suzuki India Ltd. Auto 3.36%

Tech Mahindra Ltd. Software 3.32%

Indian Oil Corporation Ltd.Petroleum Products

3.01%

Mahindra & Mahindra Ltd. Auto 2.92%

The Federal Bank Ltd. Banks 2.68%

DCB Bank Ltd. Banks 2.66%

Yes Bank Ltd. Banks 2.43%

Hindalco Industries Ltd.Non - Ferrous Metals

2.39%

Shriram Transport Finance Company Ltd.

Finance 2.37%

Axis Bank Ltd. Banks 2.22%

Motherson Sumi Systems Ltd.

Auto Ancillaries 2.22%

Tata Motors Ltd. Auto 2.21%

Blue Star Ltd.Consumer Durables

2.20%

Sun Pharmaceuticals Industries Ltd.

Pharmaceuticals 2.14%

Oil & Natural Gas Corporation Ltd.

Oil 2.07%

Pidilite Industries Ltd. Chemicals 1.91%

Capital First Ltd. Finance 1.88%

Larsen & Toubro Ltd.Construction Project

1.87%

Sadbhav Engineering Ltd.Construction Project

1.87%

Emami Ltd.Consumer Non Durables

1.76%

ITC Ltd.Consumer Non Durables

1.75%

Divi's Laboratories Ltd. Pharmaceuticals 1.74%

Healthcare GlobalEnterprises Ltd.

Healthcare Services

1.68%

Shriram City UnionFinance Ltd.

Finance 1.68%

Reliance Industries Ltd.Petroleum Products

1.67%

JSW Steel Ltd. Ferrous Metals 1.61%

Mahindra & Mahindra Financial Services Ltd.

Finance 1.58%

RBL Bank Ltd. Banks 1.55%

NBCC (India) Ltd. Construction 1.47%

Bosch Ltd. Auto Ancillaries 1.43%

Gujarat State Petronet Ltd. Gas 1.41%

Engineers India Ltd.Construction Project

1.40%

State Bank of India Banks 1.39%

GAIL (India) Ltd. Gas 1.36%

FAG Bearings India Ltd.Industrial Products

1.34%

TeamLease Services Ltd.Commercial Services

1.32%

The Ramco Cements Ltd. Cement 1.27%

Indraprastha Gas Ltd. Gas 1.13%

PORTFOLIO


% to Net Assets

Hindustan Petroleum Corporation Ltd.

Petroleum Products

1.02%

Eicher Motors Ltd. Auto 1.01%

Britannia Industries Ltd.Consumer Non Durables

0.98%

Aurobindo Pharma Ltd. Pharmaceuticals 0.93%

Astral Poly Technik Ltd.Industrial Products

0.93%

D.B.Corp Ltd.Media & Entertainment

0.67%

HPL Electric & Power Ltd.Consumer Durables

0.64%

Total 96.86%

CBLO / Reverse Repo Investments 1.98%

Total 1.98%

Cash & Cash Equivalents

Net Receivable/Payable 1.16%

Total 1.16%

Grand Total 100.00%

INDUSTRIES/RATINGS

19.08%13.58%

9.50%7.51%

5.70%5.14%4.81%4.49%3.90%3.65%3.14%2.84%2.39%2.27%2.07%1.91%1.68%1.61%1.47%1.32%1.27%0.67%

BanksSoftware

AutoFinance

Petroleum ProductsConstruction Project

PharmaceuticalsConsumer Non Durables

GasAuto Ancillaries

Cash & EquivalentConsumer Durables

Non - Ferrous MetalsIndustrial Products

OilChemicals

Healthcare ServicesFerrous Metals

ConstructionCommercial Services

CementMedia & Entertainment

Investors understand that their principal will be at Moderately High risk

This product is suitable for investors who are seeking*• Capital appreciation over long term• Investment predominantly in equity and equity related

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

INVESTMENT OBJECTIVE

To generate long term capital appreciation from an actively managed portfolio of equity & equity related instruments.

FUND DETAILS

Type of Scheme An Open Ended Growth Scheme

Date of Allotment September 12, 2003

Fund Manager# Mr. Sanjay Chawla& (Experience 25 yrs) Mr. Dipak Acharya (Experience 12 yrs)

Benchmark S&P BSE 200

Monthly Average AUM (`)

320.97 Crs

Month end AUM (`) 324.11 Crs

Minimum Investment ` 5,000/- & in multiples of ` 1/- thereafter

Entry Load NAExit Load 1% if redeemed on or before

365 days from the date ofallotment, Nil if redeemed after 365 days from the dateof allotment of units

PlansOption

Plan A and Plan B (Direct)A. Growth Option (default option in case no option specified by investor);B. Dividend Option1. Payout2. ReinvestmentC. Bonus Option$

SIP (Minimum) ` 500/month - 12 Installments` 1500/quarter - 4 Installments

RISk PROFILE 31 DECEMBER 2016Standard deviation 15.00%Sharpe@ 0.51Beta 0.98Portfolio Turnover (last 12 months) 2.01

NAV AS ON 30 DECEMBER 2016NAV (Per Unit) `Plan AGrowth 76.6000Dividend 31.4800Plan B - DirectGrowth 79.2200Dividend 30.9300

TOTAL EXPENSE RATIOPlan A 3.05%Plan B (Direct) 2.22%

$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19 - 22*For Disclaimer please refer page no 22@risk free rate (FBIL Overnight MIBOR) 6.25%& Mr. Chawla is managing the Scheme along with Mr. Acharya effective November 1, 2015

An Open Ended Growth Scheme

5

31st December, 2016


PORTFOLIO


% to Net Assets










Indian OilCorporation Ltd.

Petroleum Products

3.11%

Mahindra &Mahindra Ltd.

Auto 2.84%

Shriram TransportFinance Company Ltd.

Finance 2.72%

Shriram City Union Finance Ltd.

Finance 2.61%

Reliance Industries Ltd.Petroleum Products

2.59%



2.47%




Motherson SumiSystems Ltd.

Auto Ancillaries 2.15%


Sun Pharmaceuticals Industries Ltd.


IDFC Bank Ltd. Banks 2.11%



1.98%



Gujarat StatePetronet Ltd.

Gas 1.78%

Healthcare Global Enterprises Ltd.

Healthcare Services 1.70%


1.64%


1.61%

Emami Ltd.Consumer Non Durables

1.52%



1.33%




1.17%


Sadbhav Engineering Ltd.Construction Project

1.10%


Finance 1.08%

GlenmarkPharmaceuticals Ltd.



Petroleum Products

1.06%




PORTFOLIO


% to Net Assets

Oil & Natural Gas Corporation Ltd.

Oil 0.78%


0.69%

Total 95.21%

Unlisted

Karnataka Bank Ltd - Rights **

Banks 1.83%

Total 1.83%


Total 0.66%



Total 2.30%

Grand Total 100.00%

**Thinly traded / Non traded securities and illiquid securities as defined in SEBI Regulations and Guidelines.

INDUSTRIES/RATINGS

22.08%

12.31%

9.27%

8.79%

6.76%

5.17%

4.28%

4.04%

3.85%

3.81%

3.33%

3.15%

2.96%

2.47%

2.12%

1.82%

1.70%

1.31%

0.78%

Banks

Software

Auto

Finance

Petroleum Products

Pharmaceuticals

Gas

Construction Project

Consumer Non Durables

Construction

Auto Ancillaries

Consumer Durables

Cash & Equivalent

Non - Ferrous Metals

Chemicals

Ferrous Metals

Healthcare Services

Cement

Oil

Baroda Pioneer ELSS’ 96


This product is suitable for investors who are seeking*• Capital growth over long term• Investment predominantly in equity and equity related

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


The main objective of the scheme is to provide the investor long term capital growth as also tax benefit under section 80C of the Income Tax Act, 1961.

FUND DETAILS

Type of Scheme An Open Ended Tax Benefit-Cum-Growth Scheme

Date of Allotment March 31, 1996Fund Manager# Mr. Sanjay Chawla& (Experience

25 yrs) Mr. Dipak Acharya (Experience 12 yrs)

Benchmark S&P BSE 200Monthly Average AUM (`)

62.28 Crs

Month end AUM (`) 62.67 Crs Minimum Investment ` 500/- & in multiples of ` 1/-

thereafterEntry Load NilExit Load NilPlans

Option

Plan A and Plan B (Direct)A. Growth Option (default option in case no option specified by investor);B. Dividend Option C. Bonus Option$



NAV AS ON 30 DECEMBER 2016NAV (Per Unit) `Plan ADividend 28.1400Bonus 35.9500Growth 35.9500Plan B - DirectDividend 32.2900Bonus 37.7700Growth 37.7700


$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19 - 22@risk free rate (FBIL Overnight MIBOR) 6.25%& Mr. Chawla is managing the Scheme along with Mr. Acharya effective November 1, 2015

An Open Ended Tax Benefit - Cum - Growth Scheme

6

31st December, 2016


Baroda Pioneer Mid-Cap Fund

Investors understand that their principal will be at High risk

This product is suitable for investors who are seeking*• Capital appreciation over long term.• Investment predominantly in equity and equity related

securities of growth oriented Mid-Cap stocks.* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


The primary objective of the Scheme is generate capital appreciation by investing predominantly in a diversified portfolio of equity and equity related securities of growth oriented mid cap stocks. However, there is no assurance or guarantee that the investment objective of the Scheme will be realized

FUND DETAILS

Type of Scheme An Open Ended Equity Scheme

Date of Allotment October 4, 2010

Fund Manager# Mr. Sanjay Chawla (Experience 25 yrs) Mr. Dipak Acharya (Experience 12 yrs)

Benchmark S&P BSE Mid-cap index(For disclaimer refer pg 22)

Monthly Average AUM (`) 27.19 Crs


Minimum Investment` 5,000/- & in multiples of ` 1/- thereafter

Entry Load NA

Exit Load

1.00% if redeemed on or before 365 days from the date of allotment of units, Nil if redeemed after 365 days from the date of allotment of units

Plans

Option

Plan A and Plan B (Direct)

A. Growth Option (default option in case no option specified by investor);B. Dividend Option 1. Payout;2. Reinvestment (default sub-option in case no option specified by investor)C. Bonus Option$


PORTFOLIO


% to Net

Assets



Gujarat State Petronet Ltd. Gas 6.49%



Muthoot Finance Ltd. Finance 4.20%

PTC India Ltd. Power 4.09%


3.65%

Essel Propack Ltd.Industrial Products

3.64%

Crompton Greaves Consumer Electricals Ltd.

Consumer Durables

3.25%



3.01%

Kajaria Ceramics Ltd. Construction 2.94%

Syngene International Ltd. Pharmaceuticals 2.92%

NRB Bearings Ltd.Industrial Products

2.78%

The Indian HotelsCompany Ltd.

Hotels, Resorts And Other Recreational Activities

2.56%

PVR Ltd.Media & Entertainment

2.56%

Bharat Electronics Ltd.Industrial Capital Goods

2.55%

V.S.T Tillers Tractors Ltd. Auto 2.25%

Alembic Pharmaceuticals Ltd. Pharmaceuticals 2.21%



Finance 1.90%


1.61%

Igarashi Motors India Ltd. Auto Ancillaries 1.57%

Century Plyboards (India) Ltd.Consumer Durables

1.57%

Schneider ElectricInfrastructure Ltd.

Industrial Capital Goods

1.51%

IDFC Ltd. Finance 1.50%


Johnson Controls-Hitachi Air Conditioning India Ltd.

Consumer Durables

1.34%

Gulf Oil Lubricants India Ltd.Petroleum Products

1.33%

Glenmark Pharmaceuticals Ltd. Pharmaceuticals 1.32%


Bajaj Finance Ltd. Finance 1.25%


Cyient Ltd. Software 1.13%

BEML Ltd.Industrial Capital Goods

1.12%

Dynamatic Technologies Ltd. Auto Ancillaries 1.06%


Mahindra & MahindraFinancial Services Ltd.

Finance 1.00%



Motherson Sumi Systems Ltd. Auto Ancillaries 0.97%

PORTFOLIO


% to Net

Assets


0.62%

Tube Investments of India Ltd. Auto Ancillaries 0.54%

Total 92.88%

Unlisted

Karnataka Bank Ltd. - Rights ** Banks 0.62%

Total 0.62%

BONDS & NCDs


NTPC Limited CRISIL AAA 0.49%

Total 0.49%


Total 1.29%



Total 4.72%

Grand Total 100.00%All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND.**Thinly traded / Non traded securities and illiquid securities as defined in SEBI Regulations and Guidelines.

INDUSTRIES/RATINGS

10.39%

10.22%

9.79%

7.82%

7.61%

7.51%

6.42%

6.01%

5.18%

4.21%

4.14%

4.09%

3.65%

2.56%

2.56%

2.25%

2.19%

1.61%

1.33%

0.49%

Finance

Banks

Consumer Durables

Construction

Pharmaceuticals

Gas

Industrial Products

Cash & Equivalent


Software

Auto Ancillaries

Power


Hotels, Resorts AndRecreational Activities

Media & Entertainment

Auto

Chemicals


Petroleum Products

CRISIL AAA

An Open Ended Equity Scheme

$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19 - 22@risk free rate (FBIL Overnight MIBOR) 6.25%

7

RISk PROFILE 31 DECEMBER 2016

Standard deviation 19.79%Sharpe@ -0.05Beta 1.00Portfolio Turnover (last 12 months) 2.28

NAV AS ON 30 DECEMBER 2016

NAV (Per Unit) `Plan AGrowth 7.2100Dividend 7.2100Plan B - DirectGrowth 7.4300Dividend 7.4300

TOTAL EXPENSE RATIO

Plan A 3.10%Plan B (Direct) 2.34%

31st December, 2016


Baroda Pioneer Large Cap Fund


This product is suitable for investors who are seeking*• Capital appreciation over long term• Investment predominantly in a diversified portfolio

of equity and equity related securities of Large Cap companies.* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


The primary objective of the Scheme is to generate capital appreciation by investing predominantly in a diversified portfolio of equity and equity related securities of large cap companies. The Scheme may also invest in debt and money market securities.However, there is no assurance or guarantee that the investment objective of the Scheme will be realized.

FUND DETAILS

Type of Scheme An Open Ended Equity SchemeDate of Allotment June 22, 2010Fund Manager# Mr. Sanjay Chawla (Experience 25 yrs)

Mr. Dipak Acharya (Experience 12 yrs)

Benchmark Nifty 100 (For disclaimer refer pg 22)Monthly Average AUM (`) 17.92 CrsMonth end AUM (`) 18.01 Crs Minimum Investment ` 5,000/- & in multiples of ` 1/-

thereafterEntry Load NAExit Load 1.00% if redeemed on or before 365

days from the date of allotment of units, Nil if redeemed after 365 days from the date of allotment of units

Plans

Option




PORTFOLIO


% to Net

Assets



Indian Oil Corporation Ltd. Petroleum Products 8.12%

Reliance Industries Ltd. Petroleum Products 6.61%


5.99%








4.30%




Cadila Healthcare Ltd. Pharmaceuticals 3.37%


3.35%

Nestle India Ltd.Consumer Non Durables

3.35%


Zee Entertainment Enterprises Ltd.


2.77%


Kotak Mahindra Bank Ltd. Banks 2.60%


Finance 2.37%





Cummins India Ltd. Industrial Products 1.14%

Siemens Ltd.Industrial Capital Goods

0.93%

Total 96.81%

BONDS & NCDs


NTPC Ltd. CRISIL AAA 0.33%

Total 0.33%


Total 1.24%



Total 1.62%

Grand Total 100.00%

All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND.

INDUSTRIES/RATINGS

18.55%

14.73%

14.25%

10.28%

6.70%

5.99%

4.88%

4.68%

4.30%

4.07%

2.86%

2.77%

2.37%

1.17%

1.14%

0.93%

0.33%

Banks

Petroleum Products

Software

Auto



Gas

Pharmaceuticals

Non - Ferrous Metals

Ferrous Metals

Cash & Equivalent


Finance

Auto Ancillaries

Industrial Products


CRISIL AAA

An Open Ended Equity Scheme

$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19 - 22@risk free rate (FBIL Overnight MIBOR) 6.25%

8

RISk PROFILE 31 DECEMBER 2016

Standard deviation 18.66%

Sharpe@ 0.50

Beta 1.08

Portfolio Turnover (last 12 months) 2.87


NAV (Per Unit) `

Plan AGrowth 11.5400

Dividend 10.6200

Plan B - DirectGrowth 11.8200

Dividend 10.9000

TOTAL EXPENSE RATIO

Plan A 3.17%

Plan B (Direct) 2.45%

31st December, 2016


Baroda Pioneer Banking and Financial Services Fund

Investors understand that their principal will be atHigh risk

This product is suitable for investors who are seeking*• Capital appreciation over long term• Investment predominantly in equity and equity related

securities of companies engaged in the Banking & Financial Services Sector* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


The investment objective is to generate long-term capital appreciation for unit holders from a portfolio invested predominantly in equity and equity related securities of companies engaged in the Banking & Financial Services Sector.

FUND DETAILS

Type of Scheme An Open Ended Sectoral Scheme

Date of Allotment June 22, 2012

Fund Manager# Mr. Dipak Acharya(Experience 12 yrs)

Benchmark Nifty Bank Index*




Entry Load NA

Exit Load Exit Load - 1.00% if redeemed on or before 365 days from the date of allotment of units, Nil if redeemed after 365 days from the date of allotment

Plans

Option





NAV AS ON 30 DECEMBER 2016NAV (Per Unit) `Plan AGrowth 15.7400Dividend 14.6400Bonus 15.7400Plan B - DirectGrowth 16.2400Dividend 15.1200Bonus NA


PORTFOLIO


% to Net Assets




Kotak Mahindra Bank Ltd. Banks 9.36%


HDFC Bank Ltd. Banks 8.62%



ICICI Bank Ltd. Banks 5.53%




Finance 3.70%

IDFC Ltd. Finance 2.79%

Bajaj Finance Ltd. Finance 2.74%

Bank of Baroda Banks 2.66%



L&T Finance Holdings Ltd. Finance 2.28%


Finance 2.16%


The Karur Vysya Bank Ltd. Banks 1.33%


Finance 1.17%


Housing Development Finance Corporation Ltd. - Warrants

Finance 0.46%

Total 94.47%

Unlisted

Karnataka Bank Ltd -Rights **

Banks 3.03%

Total 3.03%

CBLO / Reverse Repo Investments

2.93%

Total 2.93%


Net Receivable/Payable -0.43%

Total -0.43%

Grand Total 100.00%

**Thinly traded / Non traded securities and illiquid securities as defined in SEBI Regulations and Guidelines.

INDUSTRIES/RATINGS

77.42%

20.08%

2.50%

Banks

Finance

Cash & Equivalent

An Open Ended Sectoral Scheme

$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19 - 22*For Disclaimer please refer page no 22@risk free rate (FBIL Overnight MIBOR) 6.25%

9

31st December, 2016


Baroda Pioneer Balance Fund


This product is suitable for investors who are seeking*• Capital appreciation along with stability over long term• Investment predominantly in equity and equity related

instruments with balance exposure to money market instruments and debt securities.* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


The scheme is targeted for long-term capital appreciation along with stability through a well balanced portfolio comprising of equity,equity related instruments, money market instrument and debt securities.

FUND DETAILS

Type of Scheme An Open Ended Balanced Scheme


Fund Manager# Mr. Sanjay Chawla& (Experience 25 yrs) Mr. Dipak Acharya (Experience 12 yrs)

Benchmark CRISIL Balanced Fund Aggressive index(effective April 4, 2016)

Monthly Average AUM (`) 97.75 CrsMonth end AUM (`) 102.18 Crs


Entry Load NA

Exit Load 1% if redeemed on or before 365 days from the date ofallotment, Nil if redeemed after 365 days from the dateof allotment of units

Plans

Option





NAV AS ON 30 DECEMBER 2016NAV (Per Unit) `Plan AGrowth 44.3500Dividend 16.5800Bonus NAPlan B - DirectGrowth 46.1900Dividend 17.6900


$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19 - 22@risk free rate (FBIL Overnight MIBOR) 6.25% & Mr. Chawla is managing the Scheme along with Mr. Acharya effective November 1, 2015

PORTFOLIO


% to Net

Assets







Indian Oil Corporation Ltd.Petroleum Products

2.86%






2.28%




Finance 2.09%


2.05%

Healthcare GlobalEnterprises Ltd.

Healthcare Services

1.94%



Finance 1.78%




Motherson Sumi Systems Ltd. Auto Ancillaries 1.50%







1.03%

Glenmark Pharmaceuticals Ltd. Pharmaceuticals 0.96%



TeamLease Services Ltd.Commercial Services

0.87%


Oil & Natural GasCorporation Ltd.

Oil 0.84%


0.81%


0.78%


0.77%

FAG Bearings India Ltd.Industrial Products

0.76%

Sun PharmaceuticalsIndustries Ltd.


D.B.Corp Ltd.Media & Entertainment

0.70%

Mahindra & MahindraFinancial Services Ltd.

Finance 0.53%


Total 68.48%

PORTFOLIO


% to Net

Assets

CENTRAL GOVERNMENT SECURITIES

7.61% CGL 2030 Sovereign 10.40%

7.88% CGL 2030 Sovereign 1.90%





Total 14.46%

BONDS & NCDs


Vijaya Bank [ICRA]AA- 2.93%

Dewan Housing Finance Corporation Ltd.

BWR AAA 1.92%

Total 4.85%


Total 6.55%



Total 5.66%

Grand Total 100.00%

All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND.

INDUSTRIES/RATINGS

16.29%14.46%

12.21%8.84%

7.80%6.90%

3.23%2.93%2.86%2.86%

2.34%2.28%1.94%1.92%1.80%1.76%1.73%1.50%1.27%1.13%0.87%0.84%0.78%0.76%0.70%

BanksSovereign

Cash & EquivalentSoftware

FinanceAuto

Pharmaceuticals[ICRA]AA-

Petroleum ProductsConstruction Project

ConstructionNon - Ferrous Metals

Healthcare ServicesBWR AAA

Consumer DurablesGas

ChemicalsAuto AncillariesFerrous Metals

CementCommercial Services

OilConsumer Non Durables

Industrial ProductsMedia & Entertainment

An Open Ended Balanced Scheme

10

31st December, 2016


Baroda Pioneer Monthly Income Plan (MIP) Fund

Investors understand that their principal will be at Moderate risk

This product is suitable for investors who are seeking*• Regular Income and capital appreciation over medium

term with providing liquidity• Investment in debt and money market instruments and

in equity and equity related instruments.* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


To generate regular income through investment in debt and money market instruments and also to generate long-term capital appreciation by investing a portion in equity and equity related instruments.

FUND DETAILS

Type of Scheme An Open Ended Income Scheme with no assured returns.


Fund Manager Ms. Hetal Shah#

(Experience 12 yrs)

Benchmark CRISIL MIP Blended Index




Entry Load NA

Exit Load NIL

Plans Plan A and Plan B (Direct)

Options • Growth• Monthly Dividend 1. Payout 2. Reinvestment • Quarterly Dividend 1. Payout 2. Reinvestment • Bonus Option$


NAV AS ON 30 DECEMBER 2016NAV (Per Unit) `Plan AGrowth 20.8516Dividend - Monthly 13.5876Dividend - Quarterly 13.3389Plan B - Direct

Growth 21.5486Dividend - Monthly 13.8148Dividend - Quarterly 13.5955

PORTFOLIO CHARACTERISTIC

Average Maturity (Days) 2395.58Modified Duration (Years) 4.33Portfolio Yield (%) 7.08


$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19 - 22*Monthly income is not assured and is subject to the availability of distributable surplus.

PORTFOLIO


% to Net Assets

EQUITY & EQUITY RELATEDListed / awaiting listing on the stock exchangesMahindra & Mahindra Ltd. Auto 0.39%


Indian Oil Corporation Ltd. Petroleum Products 0.39%



Maruti Suzuki India Ltd. Auto 0.23%Shriram Transport Finance Company Ltd. Finance 0.24%


Shriram City Union Finance Ltd. Finance 0.32%


Petroleum Products 0.29%




Total 4.45%



8.60% CGL 2028 Sovereign 14.74%

7.88% CGL 2030 Sovereign 11.78%



7.61% CGL 2030 Sovereign 13.94%

Total 49.82%

BONDS & NCDs


IDBI Bank Ltd. CRISIL A 2.62%

Rural Electrification Corporation Ltd. CRISIL AAA 4.00%

Power FinanceCorporation Ltd. CRISIL AAA 5.81%

Piramal Enterprises Ltd. [ICRA]AA 6.57%

India Infoline Housing Finance Ltd. [ICRA]AA 3.20%

IIFL Facilities Services Ltd. [ICRA]AA 2.56%

Power Grid Corporationof India Ltd. CRISIL AAA 2.79%

Total 27.55%


Total 16.60%



Total 1.58%

Grand Total 100.00%All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND.

RATING PROFILE

49.82%

18.18%

12.60%

12.33%

2.62%

0.81%

0.79%

0.78%

0.68%

0.62%

0.39%

0.38%

Sovereign

Cash & Equivalent

CRISIL AAA

[ICRA]AA

CRISIL A

Finance

Software

Banks

Petroleum Products

Auto

Chemicals

Gas

INSTRUMENTS

49.82%

27.55%

16.60%

4.45% 1.58%CENTRALGOVERNMENTSECURITIES

BONDS & NCDs

CBLO / Reverse RepoInvestments

EQUITY & EQUITYRELATED

Cash & CashEquivalents

An Open Ended Income Scheme with no assured returns.(Monthly income is not assured and is subject to the availability of distributable surplus.)

11

31st December, 2016


Baroda Pioneer Credit Opportunities Fund


This product is suitable for investors who are seeking*• Income over medium term.• Investment in a mix of debt and money market

instruments across the credit and maturity spectrum.* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


The primary objective of the Scheme is to generate returns by investing in debt and money market instruments across the credit spectrum. There is no assurance or guarantee that the investment objective of the Scheme will be realized.

FUND DETAILS

Type of Scheme An Open Ended Debt Scheme

Date of Allotment January 23, 2015

Fund Manager Mr. Alok Sahoo#

(Experience 13 yrs), Ms. Hetal Shah#

(Experience 12 yrs)

Benchmark CRISIL Short Term Bond Fund Index


393.17 Crs



Entry Load NA

Exit Load 1%, if redeemed on or before 365 days from the date of allotment of Units. Nil, if redeemed after 365 days from the date of allotment of Units.


Options • Growth• Monthly Dividend 1.Payout 2.Reinvestment• Quarterly Dividend 1.Payout 2.Reinvestment• Bonus Option$




TOTAL EXPENSE RATIO

Plan A 1.93%Plan B (Direct) 0.58%

$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19 - 22

PORTFOLIO


% to Net

Assets

MONEY MARkET INSTRUMENT

Certificate of Deposit**

Simplex Infrastructures Ltd. CARE A1 6.89%

Adani Enterprises Ltd. BWR A1+ 6.01%

Peninsula Land Ltd. [ICRA]A1 4.40%



Total 22.11%





Total 6.90%

BONDS & NCDsListed / awaiting listing on the stock exchanges


Apollo Hospitals Enterprise Ltd. CRISIL AA 7.85%


BWR AAA 6.66%

Edelweiss Housing Finance Ltd. [ICRA]AA 5.88%

Edelweiss CommoditiesServices Ltd.

CARE AA 4.96%

JSW Steel Ltd. CARE AA- 3.69%


India Infoline HousingFinance Ltd.

CRISIL AA 2.51%


BWR AAA 2.31%

Aspire Home FinanceCorporation Ltd.

[ICRA]AA- 1.62%

Janalakshmi FinancialServices Ltd.

[ICRA]A+ 1.44%


India Infoline Finance Ltd. [ICRA]AA 0.98%IDBI Bank Ltd. CRISIL A 0.26%

Total 50.20%

UnlistedARM Infra & Utilities Private Ltd. BWR A1+ (SO) 7.76%


[ICRA]A+ 4.40%

Tanglin Developments Ltd. BWR A+(SO) 3.66%

Total 15.82%

Investment Funds/Mutual FundsBaroda Pioneer Liquid Fund -Plan B (Direct) - Growth Option

[ICRA]A1+ mfs

2.70%

Total 2.70%

CBLO /Reverse Repo investments 0.01%

Total 0.01%



Total 2.26%

Grand Total 100.00%

All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND.**Thinly traded / Non traded securities and illiquid securities as defined in SEBI Regulations and Guidelines.

RATING PROFILE

17.70%

10.36%

9.21%

8.97%

7.76%

6.90%

6.89%

6.01%

5.84%

4.96%

4.89%

3.66%

2.70%

2.27%

1.62%

0.26%

[ICRA]AA

CRISIL AA

[ICRA]A1

BWR AAA

BWR A1+ (SO)

Sovereign

CARE A1

BWR A1+

[ICRA]A+

CARE AA

CARE AA-

BWR A+(SO)

Unrated

Cash & Equivalent

[ICRA]AA-

CRISIL A

INSTRUMENTS

50.20%

22.11%

15.82%

6.90%

2.70%2.26%

0.01%

BONDS & NCDs

Commercial Paper

Unlisted

CENTRALGOVERNMENTSECURITIES

InvestmentFunds/Mutual Funds




NAV (Per Unit) `Plan ABonus NAGrowth 12.2075Dividend - Quarterly 10.8246Dividend - Monthly 10.8360Plan B - Direct

Bonus 12.4899Growth 12.4899Dividend - Quarterly 11.0916Dividend - Monthly 11.1239

An Open Ended Debt Scheme

12

31st December, 2016


Baroda Pioneer Gilt Fund


This product is suitable for investors who are seeking*• Credit risk free regular Income over long term• Investment only in Government (both Central and State

Government) Securities* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


To generate income by investing in a portfolio of Government securities.

FUND DETAILS

Type of Scheme An Open Ended Gilt Scheme

Date of Allotment March 21, 2002


(Experience 12 yrs)

Benchmark I SEC-MI BEX


49.08 Crs



Entry Load NA

Exit Load 0.25% if redeemed on or before 1 month (30 days) from the date of allotment. Nil if redeemed after 1 month (30 days) from the date of allotment


Options • Growth• Dividend 1 .Payout 2 .Reinvestment• Bonus Option$






TOTAL EXPENSE RATIO

Plan A 1.90%


PORTFOLIO


% to Net Assets


7.59% CGL 2029 Sovereign 38.49%

7.59% CGL 2026 Sovereign 15.26%








Total 90.62%

STATE GOVERNMENT SECURITIES

9.39% SDL 2023 Sovereign 5.71%

Total 5.71%


Total 1.65%



Total 2.02%

Grand Total 100.00%

RATING PROFILE

96.33%

3.67%

Sovereign

Cash & Equivalent

INSTRUMENTS

90.62%

5.71%2.02%

1.65% CENTRALGOVERNMENTSECURITIES

STATE GOVERNMENTSECURITIES




An Open Ended Gilt Scheme

13

31st December, 2016


Baroda Pioneer Income Fund


This product is suitable for investors who are seeking*• Regular Income over long term• Investment predominantly in good quality Fixed Income

Securities by maintaining a balance between Risk & Return.* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


To generate regular income by investing in a portfolio of good quality Fixed Income Securities by maintaining a balance between Risk & Return.

FUND DETAILS

Type of Scheme An Open Ended Income Scheme

Date of Allotment March 21, 2002


(Experience 12 yrs)

Benchmark CRISIL Composite Bond Fund Index


26.34 Crs



Entry Load NA

Exit Load 1% if redeemed on or before 365 days from the date of allotment. Nil if redeemed after 365 days from the date of allotment


Options • Growth• Dividend 1.Payout 2.Reinvestment• Bonus Option$






TOTAL EXPENSE RATIO

Plan A 2.70%


PORTFOLIO


% to Net Assets


Commercial Paper**


Total 7.13%


7.59% CGL 2026 Sovereign 10.12%








Total 54.49%






Total 8.47%

BONDS & NCDs




BWR AAA 8.64%


[ICRA]A+ 8.52%

Total 25.89%


Total 1.63%



Total 2.39%

Grand Total 100.00%


RATING PROFILE

62.96%

8.73%

8.64%

8.52%

7.13%

4.02%

Sovereign

CRISIL A

BWR AAA

[ICRA]A+

[ICRA]A1

Cash & Equivalent

INSTRUMENTS

54.49%

25.89%

8.47%

7.13%

2.39%1.63% CENTRAL

GOVERNMENTSECURITIES

BONDS & NCDs


Commercial Paper



$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015# For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19 - 22

An Open Ended Income Scheme

14

31st December, 2016


Baroda Pioneer Dynamic Bond Fund


This product is suitable for investors who are seeking*• Regular Income over medium term with providing

liquidity• Investment in medium to long term corporate bonds

and / or government securities and manage the portfolio dynamically through different interest rate cycles* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


The investment objective of the scheme is to generate returns with liquidity by managing the portfolio dynamically through interest rate cycles.

FUND DETAILS



Fund Manager Mr. Alok Sahoo# (Experience 13 yrs), Ms. Hetal Shah# (Experience 12 yrs)

Benchmark CRISIL Composite Bond Fund Index




Entry Load NA

Exit Load 0.50% if redeemed within 3 months from the date of allotment of units, Nil if redeemed after 3 months from the date of allotment of units


Options • Growth• Dividend 1. Payout 2. Reinvestment• Bonus Option$






TOTAL EXPENSE RATIO

Plan A 1.87%


PORTFOLIO


% to Net Assets


Commercial Paper**


Total 8.57%


7.61% CGL 2030 Sovereign 25.91%






Total 47.51%


9.72% SDL 2023 Sovereign 17.22%

Total 17.22%

BONDS & NCDs


Vijaya Bank [ICRA]AA- 6.10%


BWR AAA 6.02%


[ICRA]A+ 5.59%


L&T Finance Ltd. [ICRA]AA+ 0.76%

Total 21.51%


Total 1.46%



Total 3.73%

Grand Total 100.00%


RATING PROFILE

64.73%

8.57%

6.10%

6.02%

5.59%

5.19%

3.04%

0.76%

Sovereign

[ICRA]A1

[ICRA]AA-

BWR AAA

[ICRA]A+

Cash & Equivalent

CRISIL A

[ICRA]AA+

INSTRUMENTS

47.51%21.51%

17.22%

8.57%

3.73% 1.46% CENTRALGOVERNMENTSECURITIES

BONDS & NCDs


Commercial Paper





15

31st December, 2016


Baroda Pioneer Short Term Bond Fund

Investors understand that their principal will be at Moderately Low risk

This product is suitable for investors who are seeking*• Regular Income over short term• Investment predominantly in Money Market Instruments

(i.e. CP/CD) and Short Term Debt Market Instruments* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


The objective of the Scheme is to generate income from a portfolio constituted of short term debt and money market securities.

FUND DETAILS



Fund Manager Mr. Alok Sahoo# (Experience 13 yrs), Ms. Hetal Shah# (Experience 12 yrs)

Benchmark CRISIL Short Term Bond Fund Index




Entry Load NA

Exit Load 0.25% if redeemed on or before 15 days from the date of allotment. Nil if redeemed after 15 days from the date of allotment


Options • Growth• Monthly Dividend^• Quarterly Dividend^ 1. Payout 2. Reinvestment






TOTAL EXPENSE RATIO

Plan A 1.23%


PORTFOLIO


% to Net Assets



State Bank of Hyderabad CRISIL A1+ 2.62%

Total 2.62%

Commercial Paper**

Edelweiss Commodities Services Ltd.

CRISIL A1+ 6.55%

Edelweiss Agri ValueChain Ltd.

CRISIL A1+ 6.55%




[ICRA]A1+ 1.12%

Total 26.79%

BONDS & NCDs


Manappuram Finance Ltd. CRISIL AA- 7.40%



BWR AAA 6.51%



CARE AA 5.59%

Indiabulls HousingFinance Ltd.

BWR AAA 5.23%

Edelweiss Asset ReconstructionCompany Ltd.

[ICRA]AA 3.99%



Aspire Home Finance Corporation Ltd.

CRISIL A+ 2.41%

Power GridCorporation of India Ltd.

CRISIL AAA 1.35%

Janalakshmi Financial Services Ltd.

[ICRA]A+ 1.35%

Aspire Home Finance Corporation Ltd.

[ICRA]AA- 1.07%

Power FinanceCorporation Ltd.

CRISIL AAA 1.00%

India Infoline Housing Finance Ltd.

CRISIL AA 0.69%

India Infoline Finance Ltd. [ICRA]AA 0.55%

Vedanta Ltd. CRISIL AA- 0.27%

Rural Electrification Corporation Ltd.

CRISIL AAA 0.27%

Rural Electrification Corporation Ltd.

CRISIL AAA 0.16%

Power Grid Corporationof India Ltd.

CRISIL AAA 0.14%

Total 56.50%

Unlisted

ARM Infra & UtilitiesPrivate Ltd.

BWR A1+(SO) 6.36%


Janalakshmi Financial Services Ltd.

[ICRA]A+ 1.92%

Total 10.94%

PORTFOLIO


% to Net Assets


Total 0.36%



Total 2.79%

Grand Total 100.00%


RATING PROFILE

15.72%

13.21%

11.74%

9.85%

7.67%

6.36%

6.33%

6.24%

5.59%

3.27%

3.15%

2.92%

2.66%

2.41%

1.12%

1.07%

0.69%

CRISIL A1+

[ICRA]AA

BWR AAA

CARE AA-

CRISIL AA-

BWR A1+(SO)

[ICRA]A1

BWR A1+

CARE AA

[ICRA]A+

Cash & Equivalent

CRISIL AAA

BWR A+(SO)

CRISIL A+

[ICRA]A1+

[ICRA]AA-

CRISIL AA

INSTRUMENTS

56.50%

26.79%

10.94%

2.79%2.62%

0.36%BONDS & NCDs

Commercial Paper

Unlisted


Certificate of Deposit



^ The Dividend Option has been renamed as Monthly Dividend Option and a Quarterly Dividend Option has been introduced effective December 23, 2016.$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 # For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19 - 22

16

31st December, 2016


[ICRA] A1+ mfs*Baroda Pioneer Treasury Advantage Fund

$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 Effective November 01, 2012, dividends declared under the Regular Plan (which has been discontinued from October 01, 2012) will be reinvested in Baroda Pioneer Treasury Advantage Fund (earlier called Institutional Plan) *For Disclaimer please refer page no 22# For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19 - 22

Investors understand that their principal will be at Moderately Low risk

This product is suitable for investors who are seeking*• Regular income over short term with maintaining a

balance between returns and liquidity• Investment predominantly in Money Market (i.e. CP/

CDs) and Debt Market Instruments* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


The main objective of the scheme is to provide optimal returns and liquidity through a portfolio comprising of debt securities and money market instruments

FUND DETAILS

Type of Scheme An Open Ended Debt Scheme




(Experience 12 yrs)

Benchmark CRISIL Liquid Fund Index


2939.76 Crs



Entry Load NA

Exit Load Nil


Options

• Growth • Daily Dividend 1 .Reinvestment • Weekly Dividend 1 .Reinvestment • Monthly Dividend 1 .Payout 2 .Reinvestment• Quarterly Dividend 1.Payout 2 .Reinvestment• Bonus Option$

SIP (Minimum) ` 500/month - 12 Instalments` 1500/quarter - 4 Instalments



TOTAL EXPENSE RATIOPlan A 0.80%


PORTFOLIO


% to Net

Assets


Certificate of Deposit**ICICI Bank Ltd. [ICRA]A1+ 2.64%Credit Suisse Ag CRISIL A1+ 1.28%State Bank of Hyderabad CRISIL A1+ 0.53%Total 4.45%Commercial Paper**Adani Enterprises Ltd. BWR A1+ 7.94%

JSW Steel Ltd. [ICRA]A1+ 7.87%

Edelweiss Agri Value Chain Ltd. CRISIL A1+ 6.60%Adani Ports and SpecialEconomic Zone Ltd. [ICRA]A1+ 5.27%Housing DevelopmentFinance Corporation Ltd. CRISIL A1+ 4.99%

Edelweiss Commodities Services Ltd. [ICRA]A1+ 3.94%

Edelweiss Commodities Services Ltd. [ICRA]A1+ 3.71%


Edelweiss Commodities Services Ltd. CRISIL A1+ 1.32%

Kotak Commodity Services Private Ltd. [ICRA]A1+ 1.32%

Godrej Properties Ltd. [ICRA]A1+ 1.31%


Total 47.36%

BONDS & NCDs


Indiabulls Housing Finance Ltd. CARE AAA 5.35%Dewan Housing FinanceCorporation Ltd. BWR AAA 3.97%

Apollo Hospitals Enterprise Ltd. CRISIL AA 3.78%Dewan Housing FinanceCorporation Ltd. BWR AAA 3.26%



Manappuram Finance Ltd. CRISIL AA- 2.50%Aspire Home FinanceCorporation Ltd. [ICRA]AA- 2.47%Aspire Home FinanceCorporation Ltd. [ICRA]AA- 2.33%


Janalakshmi Financial Services Ltd. [ICRA]A+ 1.90%


Edelweiss Commodities Services Ltd. CARE AA 1.77%

Power Finance Corporation Ltd. CRISIL AAA 1.40%




India Infoline Housing Finance Ltd. CRISIL AA 1.21%

Aspire Home FinanceCorporation Ltd. CRISIL A+ 0.86%


Edelweiss Asset Reconstruction Company Ltd. [ICRA]AA 0.54%

India Infoline Finance Ltd. [ICRA]AA 0.50%

Edelweiss Commodities Services Ltd. [ICRA]AA 0.49%

Rural Electrification Corporation Ltd. CRISIL AAA 0.46%

Steel Authority of India Ltd. IND AA 0.27%


Indiabulls Housing Finance Ltd. BWR AAA 0.26%

Power Grid Corporation of India Ltd. CRISIL AAA 0.25%Dewan Housing FinanceCorporation Ltd. BWR AAA 0.22%

Power Grid Corporation of India Ltd. CRISIL AAA 0.16%


Total 48.82%UnlistedARM Infra & Utilities Private Ltd. BWR A1+(SO) 4.06%


ARM Infra & Utilities Private Ltd. BWR A1+ (SO) 0.91%

Powergrid Vizag Transmission Ltd. CRISIL AAA 0.55%

Total 6.83%


Total 0.01%

PORTFOLIO


% to Net

Assets


Net Receivable/Payable -7.47%

Total -7.47%

Grand Total 100.00%


RATING PROFILE

26.06%14.72%

12.63%7.94%7.71%

5.35%4.99%4.80%4.70%

4.06%3.09%2.50%1.90%1.89%1.77%1.31%0.91%0.86%0.27%-7.46%

[ICRA]A1+CRISIL A1+

[ICRA]AABWR A1+BWR AAA

CARE AAACRISIL AA[ICRA]AA-

CRISIL AAABWR A1+(SO)

[ICRA]A1CRISIL AA-

[ICRA]A+CARE AA-CARE AA

BWR A+(SO)BWR A1+ (SO)

CRISIL A+IND AA

Cash & Equivalent

INSTRUMENTS

48.82%

47.36%

6.83%

4.45%

0.01%-7.47%

BONDS & NCDs

Commercial Paper

Unlisted





NAV (Per Unit) `RegularGrowth 1808.6528Dividend - Daily 1004.5707Dividend - Weekly 1002.4727Dividend - Monthly 1008.6865Dividend - Quarterly NAPlan ABonus 1841.1732Growth 1854.6092Dividend - Daily 1029.0063Dividend - Weekly 1018.6037Dividend - Monthly 1008.6869Dividend - Quarterly

Plan B - DirectBonus 1879.1738Growth 1879.2073Dividend - Daily 1008.8997Dividend - Weekly 1002.4827Dividend - Monthly 1009.1456Dividend - Quarterly 1045.0857

1041.0067

An Open Ended Debt Scheme

17

31st December, 2016


[ICRA] A1+ mfs*Baroda Pioneer Liquid Fund

$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 Effective November 01, 2012, dividends declared under the Regular Plan (which has been discontinued from October 01, 2012) will be reinvested in Baroda Pioneer Liquid Fund (earlier called Institutional Plan) *For Disclaimer please refer page no 22# For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19 - 22

Investors understand that their principal will be atLow risk

This product is suitable for investors who are seeking*

• Regular income over short term with high level of liquidity

• Investment predominantly in Money Market (i.e. CP / CDs) Instruments* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


To generate income with a high level of liquidity by investing in a portfolio of money market and debt securities.

FUND DETAILS

Type of Scheme An Open Ended Liquid Scheme

Date of Allotment February 5, 2009



(Experience 12 yrs)

Benchmark CRISIL Liquid Fund Index


5599.67 Crs



Entry Load NA

Exit Load Nil


Options • Growth• Daily Dividend 1.Reinvestment• Weekly Dividend 1.Reinvestment• Bonus Option$

SIP (Minimum) ` 500/month - 12 Instalments` 1500/quarter - 4 Instalments



TOTAL EXPENSE RATIOPlan A 0.24%


PORTFOLIO


% to Net

Assets



State Bank of Hyderabad CRISIL A1+ 0.14%

Total 0.14%

Commercial Paper**

National Housing Bank [ICRA]A1+ 8.24%

Edelweiss Commodities Services Ltd. CRISIL A1+ 6.85%

JSW Steel Ltd. CARE A1+ 6.85%

Vedanta Ltd. CRISIL A1+ 5.50%

IIFL Facilities Services Ltd. [ICRA]A1+ 5.50%

Edelweiss Agri Value Chain Ltd. CRISIL A1+ 5.48%

India Infoline Housing Finance Ltd. CRISIL A1+ 4.12%

IIFL Wealth Finance Ltd. [ICRA]A1+ 4.12%

Adani Ports and Special Economic Zone Ltd. [ICRA]A1+ 4.11%

IIFL Wealth Finance Ltd. [ICRA]A1+ 2.75%

India Infoline Housing Finance Ltd. [ICRA]A1+ 2.75%

Adani Gas Ltd. CARE A1+ 1.38%

Adani Enterprises Ltd. CARE A1+ 0.68%


Total 58.88%

Treasury Bills

TBILL 91 DAY 16 Mar 2017 Sovereign 8.06%



Total 19.33%

Fixed Deposit

IDFC Bank Ltd. Unrated 5.54%

RBL Bank Ltd. Unrated 2.77%

Total 8.31%

CBLO /Reverse Repo investments 13.27%

Total 13.27%



Total 0.07%

Grand Total 100.00%


RATING PROFILE

27.47%

22.09%

19.33%

13.34%

8.91%

8.31%

0.55%

[ICRA]A1+

CRISIL A1+

Sovereign

Cash & Equivalent

CARE A1+

Unrated

BWR A1+

INSTRUMENTS

58.88%

19.33%

13.27%

8.31%0.14%

0.07%Commercial Paper

Treasury Bills


Fixed Deposit




NAV (Per Unit) `RegularGrowth 2696.0344

Dividend 2309.8433Dividend - Daily 1006.0600Plan AGrowth 1832.1728Dividend - Daily 1001.1191Dividend - Weekly 1000.7223Plan B - DirectBonus 1839.2188Growth 1838.9066Dividend - Daily 1001.8422Dividend - Weekly 1225.0217

An Open Ended Liquid Scheme

18

31st December, 2016


Investment Performance

Funds Managed by Mr. Sanjay Chawla & Mr. Dipak Acharya

Date Of Inception: 12/09/2003 Dec 2015 - Dec 2016&

Dec 2014 - Dec 2015&

Dec 2013 - Dec 2014&

Since Inception@Scheme Name & Benchmark

Nav Per Unit (`) 74.88 76.07 51.91 10.00

Baroda Pioneer Growth Fund (in %)^ 2.30 -1.56 46.54 16.53

S&P BSE 200 (Scheme Benchmark) (in %)* 3.95 -1.48 35.47 14.74

Nifty 50 (Standard Benchmark) (in %)$ 3.01 -4.06 31.39 14.36

` 10,000, if invested in BPGF, would have become NA NA NA `76,600

` 10,000, if invested in S&P BSE 200, would have become NA NA NA `62,329

` 10,000, if invested in Nifty 50, would have become NA NA NA `59,659

^Past performance may or may not be sustained in the future.Data is for Growth Option and the last working day of December has been considered in all cases. Returns have been computed assuming that all payouts during the period have been reinvested in the units of the Scheme at the respective prevailing NAVs. @Since Inception returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. &Absolute Returns, $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period. * with effect from 2nd May 2016 the benchmark has been changed to S&P BSE 200.


Dec 2014 - Dec 2015&

Dec 2013 - Dec 2014&


Nav Per Unit (`) 29.90 32.72 24.08 10.00

Baroda Pioneer ELSS’ 96 Fund (in %)^ 2.37 -2.67 46.87 12.26

S&P BSE 200 (Scheme Benchmark) (in %)* 3.95 -1.48 35.47 11.82


`10,000, if invested in BPELSS’96F, would have become NA NA NA `1,10,362

`10,000, if invested in S&P BSE 200, would have become NA NA NA `1,01,652

`10,000, if invested in Nifty 50, would have become NA NA NA `83,079

^Past performance may or may not be sustained in the future.Data is for Dividend Option and the last working day of December has been considered in all cases. Returns have been computed assuming that all payouts during the period have been reinvested in the units of the Scheme at the respective prevailing NAVs. @Since Inception returns are Compounded Annualised are calculated on the basis of `10 invested at inception. &Absolute Returns, $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period. * with effect from 2nd May 2016 the benchmark has been changed to S&P BSE 200.


Dec 2014 - Dec 2015&

Dec 2013 - Dec 2014&


Nav Per Unit (`) 42.43 41.36 32.02 10.00

Baroda Pioneer Balance Fund (in %)^ 4.53 2.59 29.17 11.84

CRISIL Balanced Fund - Aggressive index (effective April 4, 2016) (Scheme Benchmark) (in %) 6.66 0.48 25.34 12.08


`10,000, if invested in BPBF, would have become NA NA NA `44,350

`10,000, if invested in CRISIL Balanced Fund - Aggressive index (effective April 4, 2016), would have become NA NA NA `45,651


^Past performance may or may not be sustained in the future.Data is for Growth Option and the last working day of December has been considered in all cases. Returns have been computed assuming that all payouts during the period have been reinvested in the units of the Scheme at the respective prevailing NAVs. @Since Inception returns are Compounded Annualised and are calculated on the basis of `10 invested at inception. &Absolute Returns, $Standard benchmark as prescribed by SEBI for comparison purposes. Returns on `10,000 are point-to-point returns for the specific time period, invested at the start of the period.


Dec 2014 - Dec 2015&

Dec 2013 - Dec 2014&


Nav Per Unit (`) 7.55 8.95 6.18 10.00

Baroda Pioneer Mid-Cap Fund (in %)^ -4.50 -15.64 44.82 -5.10

S&P BSE MidCap (Scheme Benchmark) 7.97 7.43 54.69 6.19


`10,000, if invested in BPMCF, would have become NA NA NA `7,210

`10,000, if invested in S&P BSE MidCap, would have become NA NA NA `14,548



19

31st December, 2016



Funds Managed by Mr. Sanjay Chawla & Mr. Dipak Acharya


Dec 2014 - Dec 2015&

Dec 2013 - Dec 2014&


Nav Per Unit (`) 11.09 11.37 7.49 10.00

Baroda Pioneer Large Cap Fund (in %)^ 4.06 -2.46 51.80 2.22

Nifty 100 (Scheme Benchmark) 3.60 -2.41 33.17 7.36


`10,000, if invested in BPLCF, would have become NA NA NA `11,540

`10,000, if invested in Nifty 100 would have become NA NA NA `15,899



Funds Managed by Mr. Dipak AcharyaDate Of Inception: 22/06/2012 Dec 2015 -

Dec 2016&

Dec 2014 - Dec 2015&

Dec 2013 - Dec 2014&


Nav Per Unit (`) 14.48 16.41 10.32 10.00

Baroda Pioneer Banking and Financial Services Fund (in %)^ 8.70 -11.76 59.01 10.54

Nifty Bank Index (Scheme Benchmark) (in %) 7.42 -9.68 64.57 14.02


`10,000, if invested in BPBFSF, would have become NA NA NA `15,740

`10,000, if invested in Nifty Bank Index, would have become NA NA NA `18,108




Dec 2014 - Dec 2015&

Dec 2013 - Dec 2014&


Nav Per Unit (`) 15.38 14.16 12.93 10.00

Baroda Pioneer Short Term Bond Fund (in %)^ 9.50 8.61 9.53 8.34

CRISIL Short Term Bond Fund Index (Scheme Benchmark) (in %) 9.83 8.66 10.47 8.64

CRISIL 1 year T-Bill (Standard Benchmark) (in %)$ 7.27 8.22 8.56 7.08

`10,000, if invested in BPSTBF, would have become NA NA NA `16,840

`10,000, if invested in CRISIL Short Term Bond Fund Index, would have become NA NA NA `17,147

`10,000, if invested in CRISIL 1 year T-Bill, would have become NA NA NA `15,603


Funds Managed by Mr. Alok Sahoo, Ms Hetal Shah

20


Dec 2014 - Dec 2015&

Dec 2013 - Dec 2014&


Nav Per Unit (`) 1700.15 1568.95 1437.64 1000.00

Baroda Pioneer Liquid Fund (in %)^ 7.77 8.36 9.13 7.96

CRISIL Liquid Fund Index (Scheme Benchmark) (in %) 7.48 8.23 9.21 7.54

CRISIL 1 year T-Bill (Standard Benchmark) (in%)$ 7.27 8.22 8.56 6.24

`10,000, if invested in BPLF, would have become NA NA NA `18,322

`10,000, if invested in CRISIL Liquid Fund Index, would have become NA NA NA `17,759

`10,000, if invested in CRISIL 1 year T-Bill, would have become NA NA NA `16,140


31st December, 2016



Funds Managed by Mr. Alok Sahoo, Ms. Hetal Shah


Dec 2014 - Dec 2015&

Dec 2013 - Dec 2014&


Nav Per Unit (`) 1697.95 1557.30 1423.89 1000.00

Baroda Pioneer Treasury Advantage Fund (in %)^ 9.23 9.03 9.37 8.56

CRISIL Liquid Fund Index (Scheme Benchmark) (in %) 7.48 8.23 9.21 7.58


`10,000, if invested in BPTAF, would have become NA NA NA `18,546

`10,000, if invested in CRISIL Liquid Fund Index, would have become NA NA NA `17,330

`10,000, if invested CRISIL 1 year T-Bill, would have become NA NA NA `15,924


Date of Inception: 23/01/2015 Dec 2015 - Dec 2016&

Dec 2014 - Dec 2015&

Dec 2013 - Dec 2014&


Nav Per Unit (`) 10.97 NA NA 10.00

Baroda Pioneer Credit Opportunities Fund (in %)^ 11.30 NA NA 10.85

CRISIL Short Term Bond Fund Index (Scheme Benchmark) (in %) 9.83 NA NA 9.11

CRISIL 1 year T-Bill (Standard Benchmark) (in %)$ 7.27 NA NA 7.65

`10,000, if invested in BPCOF, would have become NA NA NA `12,208

`10,000, if invested in CRISIL Short Term Bond Fund Index, would have become NA NA NA `11,841




Dec 2014 - Dec 2015&

Dec 2013 - Dec 2014&


Nav Per Unit (`) 19.15 18.07 15.58 10.00

Baroda Pioneer Monthly Income Plan (MIP) Fund (in %)^* 8.90 5.95 15.98 6.15

CRISIL MIP Blended Index (Scheme Benchmark) (in %) 11.55 6.79 16.83 8.55

CRISIL 10 Year Gilt Index (Standard Benchmark) (in %)$ 14.97 7.39 14.14 6.34

`10,000, if invested in BPMIPF, would have become NA NA NA `20,852

`10,000, if invested in CRISIL MIP Blended Index, would have become NA NA NA `27,465

`10,000, if invested in CRISIL 10 Year Gilt Index, would have become NA NA NA `21,320


Funds Managed by Ms. Hetal Shah

21

*Monthly income is not assured and is subject to the availability of distributable surplus.

Date of Inception: 30/06/2012 Dec 2015 - Dec 2016&

Dec 2014 - Dec 2015&

Dec 2013 - Dec 2014&


Nav Per Unit (`) 13.62 12.70 11.04 10.00

Baroda Pioneer Dynamic Bond Fund (in %)^ 13.02 7.29 14.98 10.06

CRISIL Composite Bond Fund Index (Scheme Benchmark) (in %) 12.93 8.63 14.31 9.83


`10,000, if invested in BPDBF, would have become NA NA NA `15,397

`10,000, if invested in CRISIL Composite Bond Fund Index, would have become NA NA NA `15,254



31st December, 2016



Funds Managed by Ms. Hetal Shah


Dec 2014 - Dec 2015&

Dec 2013 - Dec 2014&


Nav Per Unit (`) 22.68 21.43 18.76 10.00

Baroda Pioneer Income Fund (in %)^ 12.00 5.82 14.21 6.50

CRISIL Composite Bond Fund Index (Scheme Benchmark) (in %) 12.93 8.63 14.31 7.21

CRISIL 10 Year Gilt Index (Standard Benchmark) (in %)$ 14.97 7.39 14.14 7.01

`10,000, if invested in BPIF, would have become NA NA NA `25,396

`10,000, if invested in CRISIL Composite Bond Fund Index, would have become NA NA NA `27,982



Disclaimers: Nifty Bank Index and Nifty Infra: Baroda Pioneer Large Cap Fund and Baroda Pioneer Banking and Financial Services Fund (“said Schemes”) offered by Baroda Pioneer Mutual Fund are not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (“IISL”). IISL does 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 the said Schemes or any member of the public regarding the advisability of investing in securities generally or in the said Schemes linked to Nifty Infra and Nifty Bank Index or particularly in the ability of the Nifty Infra, and Nifty Bank Index to track general stock market performance in India. Please read the full disclaimers in relation to the Nifty Infra and Nifty Bank Index in the Offer Document / Prospectus / Information Statement.

S&P BSE 200: Baroda Pioneer Growth Fund and Baroda Pioneer ELSS’ 96 Fund (“said Schemes”) offered by Baroda Pioneer Mutual Fund are not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (“IISL”). IISL does 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 the said Schemes or any member of the public regarding the advisability of investing in securities generally or in the said Schemes linked to S&P BSE 200 or particularly in the ability of the S&P BSE 200 and to track general stock market performance in India. Please read the full disclaimers in relation to the S&P BSE 200 in the Offer Document / Prospectus / Information Statement.

Nifty 100: Baroda Pioneer Large Cap Fund (“Scheme”) offered by Baroda Pioneer Mutual Fund is not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (“IISL”). IISL does not make any representation or warranty, express or implied (including warranties of merchant ability or fitness for particular purpose or use) and disclaims all liability to the owners of the said Schemes or any member of the public regarding the advisability of investing in securities generally or in the said Schemes linked to Nifty100, or particularly in the ability of the Nifty 100, to track general stock market performance in India.

S&P BSE Midcap Index is a product of AIPL, a joint venture among affiliates of S&P Dow Jones Indices LLC (“SPDJI”) and BSE Limited (“BSE”), and has been licensed for use by Baroda Pioneer Asset Management Company Ltd. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); BSE® is registered trademarks of BSE Limited; Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by AIPL and sublicensed for certain purposes by Baroda Pioneer Asset Management Company Ltd. Baroda Pioneer Mid-Cap Fund is not sponsored, endorsed, sold or promoted by SPDJI, BSE, Dow Jones, S&P or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P BSE Midcap Index.

*ICRA Credit Ratings: The rating indicates highest-credit quality rating assigned by ICRA Ltd. to debt funds. Schemes with this rating are considered to have very strong degree of safety regarding timely receipt of payments from the investments that they have made. This rating should however not be construed as an indication of the performance of the Mutual Fund scheme or of volatility in its returns. The rating should not be treated as a recommendation to buy, sell or hold the units issued by the Mutual Fund.

22


Dec 2014 - Dec 2015&

Dec 2013 - Dec 2014&


Nav Per Unit (`) 22.89 21.49 18.68 10.00

Baroda Pioneer Gilt Fund (in %)^ 13.41 6.49 15.08 6.66

I-Sec Mi-BEX (Scheme Benchmark) (in %) 12.82 9.19 13.38 7.96

CRISIL 10 Year Gilt Index (Standard Benchmark)$ 14.97 7.39 14.14 7.01

`10,000, if invested in BPGF, would have become NA NA NA `25,956

`10,000, if invested in I-Sec Mi-BEX, would have become NA NA NA `31,023



31st December, 2016


SIP Returns

23

Baroda Pioneer Growth Fund 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception

Total Amount Invested (Rs) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 16,00,000

Total Value as on Dec 31, 2016 (Rs) 1,19,773 3,88,365 7,81,853 11,48,845 19,41,856 38,32,342

Returns (%) -0.35 4.99 10.53 8.80 9.31 12.27

Total Values of Nifty 100 (Rs) 1,21,789 3,87,442 7,62,418 11,36,710 18,89,683 34,60,982

S&P BSE 200 Returns (%)* 2.78 4.83 9.52 8.50 8.79 10.89

Total Value of Nifty 50 (Rs) 1,21,038 3,75,662 7,28,382 10,91,651 18,04,288 33,25,242

Nifty 50 Returns (%) 1.61 2.79 7.69 7.37 7.91 10.35

Baroda Pioneer ELSS’ 96 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception


Total Value as on Dec 31, 2016 (Rs) 1,20,679 3,87,870 7,86,868 11,71,175 19,08,751 1,12,91,440

Returns (%) 1.05 4.91 10.79 9.34 8.98 12.96

Total Values of S&P BSE 200SENSEX (Rs)

1,21,789 3,87,442 7,62,418 11,36,710 18,89,683 1,15,56,876

S&P BSE 200 Returns (%)* 2.78 4.83 9.52 8.50 8.79 13.14


Nifty 50 Returns (%) 1.61 2.79 7.69 7.37 7.91 11.92

Baroda Pioneer Mid-Cap Fund 1 Year 3 Years 5 Years Since Inception

Total Amount Invested (Rs) 1,20,000 3,60,000 6,00,000 7,50,000

Total Value as on Dec 31, 2016 (Rs) 1,21,023 3,42,280 6,01,012 7,28,302

Returns (%) 1.59 -3.25 0.07 -0.93

Total Values of S&P BSE MidCap^^ (Rs) 1,23,439 4,35,083 9,02,821 11,63,970

S&P BSE MidCap^^ Returns (%) 5.37 12.71 16.36 13.91

Total Value of Nifty 50 (Rs) 1,21,038 3,75,662 7,28,382 9,49,715

Nifty 50 Returns (%) 1.61 2.79 7.69 7.46

Baroda Pioneer Large CapFund

1 Year 3 Years 5 Years Since Inception

Total Amount Invested (Rs) 1,20,000 3,60,000 6,00,000 7,90,000

Total Value as on Dec 31, 2016 (Rs) 1,26,253 3,95,289 7,75,723 10,13,205

Returns (%) 9.82 6.17 10.22 7.46

Total Values of Nifty 100^^ (Rs) 1,21,526 3,82,741 7,50,997 10,44,164

Nifty 100^^ Returns (%) 2.37 4.02 8.92 8.36

Total Value of Nifty 50 (Rs) 1,21,038 3,75,662 7,28,382 10,10,765

Nifty 50 Returns (%) 1.61 2.79 7.69 7.38

Baroda Pioneer Banking andFinancial Services Fund

1 Year 3 Years Since Inception

Total Amount Invested (Rs) 1,20,000 3,60,000 5,50,000

Total Value as on Dec 31, 2016 (Rs) 1,23,883 3,97,641 6,84,493

Returns (%) 6.07 6.57 9.51

Total Values of Nifty Bank Index (Rs) 1,25,283 4,03,510 7,14,623

Nifty Bank Index Returns (%) 8.28 7.56 11.41

Total Value of Nifty 50 (Rs) 1,21,038 3,75,662 6,47,746

Nifty 50 Returns (%) 1.61 2.79 7.09

Baroda Pioneer Balance Fund 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception



Returns (%) 1.98 5.56 9.64 8.88 8.23 9.01

Total Values of CRISIL BalancedFund Index (Rs)

1,23,695 3,94,781 7,51,141 11,36,062 18,77,727 32,06,740

CRISIL Balanced Fund – Aggressive Index Returns (%)

5.77 6.09 8.92 8.49 8.67 9.86


Nifty 50 Returns (%) 1.61 2.79 7.69 7.37 7.91 10.35

Baroda Pioneer Monthly Income Plan (MIP) Fund*

1 Year 3 Years 5 Years 7 Years 10 Years Since Inception



Returns (%) 9.85 8.81 9.36 8.71 7.50 6.91

Total Values of CRISIL MIP Blended Index (Rs)

1,27,294 4,21,183 7,76,456 11,81,478 19,09,398 26,06,143

CRISIL MIP Blended Index Returns 11.50 10.48 10.26 9.59 8.99 8.76

Total Value of CRISIL 10 Year Gilt Index Returns (%) (Rs)

1,30,020 4,34,373 7,75,590 11,58,920 18,15,850 24,17,396

CRISIL 10 Year Gilt Index Returns (%) 15.90 12.60 10.21 9.05 8.03 7.63

* Monthly income is not assured and is subject to the availability of distributable surplus.^Past performance may or may not be sustained in the future.For SIP calculations above, the data assumes the investment of ` 10000/- on 1st day of every month or the subsequent working day. Load & Taxes are not considered for computation of returns. Performance for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV.CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return). Where Benchmark returns are not available, they have not been shown.

* with effect from 2nd May 2016 the benchmark has been changed to S&P BSE 200.

* with effect from 2nd May 2016 the benchmark has been changed to S&P BSE 200.

^^Scheme benchmark has been changed to Nifty 100 effective October 3, 2016.

^^Scheme benchmark has been changed to S&P BSE Mid-cap index effective October 3, 2016.

31st December, 2016


Record Date Ex-Dividend NAV (Rs) Per Unit$ (Rs)

Baroda Pioneer Growth Fund - Plan A - Dividend24-Jun-16 33.72 2.80

24-Jul-15 39.49 3.50

17-Feb-14 24.67 2.50

Baroda Pioneer Growth Fund - Plan B - Direct - Dividend24-Jun-16 33.05 2.80

24-Jul-15 38.61 3.50

17-Feb-14 25.02 2.50

Baroda Pioneer ELSS 96 - Plan A - Dividend23-Mar-16 28.50 2.50

23-Feb-15 32.32 2.25

14-Mar-14 22.73 2.00

Baroda Pioneer ELSS 96 - Plan B - Direct - Dividend23-Feb-15 33.19 2.25

14-Mar-14 23.15 2.00

01-Feb-13 23.06 1.50

Baroda Pioneer Large Cap Fund - Plan A - Dividend09-Jan-15 10.38 0.90

Baroda Pioneer Large Cap Fund - Plan B - Direct - Dividend09-Jan-15 10.54 0.90

Baroda Pioneer Banking and Financial Services Fund - Plan A - Dividend09-Sep-14 13.29 1.00

Baroda Pioneer Banking and Financial Services Fund - Plan B - Direct - Dividend09-Sep-14 13.46 1.00

Baroda Pioneer Balance Fund - Plan A- Dividend30-Dec-16 16.58 0.50

30-Sep-16 18.18 0.50

24-Jun-16 17.19 0.50

Baroda Pioneer Balance Fund - Plan B - Direct - Dividend30-Dec-16 17.69 0.50

30-Sep-16 19.29 0.50

24-Jun-16 18.15 0.50

Baroda Pioneer MIP Fund - Plan A - Monthly Dividend*25-Nov-16 13.81 0.04

25-Oct-16 13.61 0.05

23-Sep-16 13.56 0.05

Baroda Pioneer MIP Fund - Plan B - Direct - Monthly Dividend*25-Nov-16 14.03 0.04

25-Oct-16 13.82 0.05

23-Sep-16 13.75 0.05

Baroda Pioneer MIP Fund - Plan A - Quarterly Dividend*30-Sep-16 13.34 0.14

24-Jun-16 12.97 0.14

23-Mar-16 12.83 0.14

Baroda Pioneer MIP Fund - Plan B - Direct - Quarterly Dividend*30-Sep-16 13.57 0.14

24-Jun-16 13.17 0.14

23-Mar-16 13.00 0.14

Baroda Pioneer Credit Opportunities Fund - - Plan A - Quarterly Dividend30-Sep-16 10.8077 0.15

24-Jun-16 10.6109 0.15

23-Mar-16 10.5417 0.15

Baroda Pioneer Credit Opportunities Fund - Plan B - Direct - Quarterly Dividend30-Sep-16 11.0326 0.15

24-Jun-16 10.7891 0.15

23-Mar-16 10.6887 0.15

Baroda Pioneer Credit Opportunities Fund - - Plan A - Monthly Dividend30-Dec-16 10.8360 0.05

25-Nov-16 10.9099 0.05

25-Oct-16 10.8320 0.05

Baroda Pioneer Credit Opportunities Fund - Plan B - Direct - Monthly Dividend30-Dec-16 11.1239 0.05

25-Nov-16 11.1834 0.05

25-Oct-16 11.0891 0.05

Record Date Ex-Dividend NAV (Rs) Per Unit$ (Rs)

Baroda Pioneer Dynamic Bond Fund - Plan A- Dividend27-Jun-16 12.1528 0.29

23-Mar-16 12.5843 0.51

25-Jun-13 10.0000 0.30

Baroda Pioneer Dynamic Bond Fund - Plan B - Direct - Dividend27-Jun-16 12.5981 0.29

23-Mar-16 13.0024 0.51

25-Jun-13 10.0000 0.31

Baroda Pioneer Gilt Fund - Plan A - Dividend24-Jun-16 19.49 0.87

23-Mar-16 20.31 0.87

21-Mar-14 16.42 1.95

Baroda Pioneer Gilt Fund - Plan B - Direct - Dividend21-Mar-14 16.55 1.95

Baroda Pioneer Liquid Fund - Plan A - Dividend04-Mar-05 1016.27 35.00

06-Jan-04 1004.32 95.00

13-May-02 1002.43 7.50

Baroda Pioneer Short Term Bond Fund - Plan A- Dividend21-Nov-16 10.10 0.02

07-Nov-16 10.07 0.02

24-Oct-16 10.05 0.02

Baroda Pioneer Short Term Bond Fund - Plan B - Direct - Dividend21-Nov-16 10.09 0.03

07-Nov-16 10.06 0.02

24-Oct-16 10.04 0.03

Baroda Pioneer Treasury Advantage Fund Reg - Monthly Dividend25-Nov-16 1011.70 4.71

25-Oct-16 1003.06 5.57

23-Sep-16 1009.52 4.91

Baroda Pioneer Treasury Advantage Fund - Plan A - Monthly Dividend25-Nov-16 1011.71 4.72

25-Oct-16 1003.08 5.75

23-Sep-16 1010.20 5.38

Baroda Pioneer Treasury Advantage Fund - Plan B - Direct - Monthly Dividend25-Nov-16 1012.12 4.98

25-Oct-16 1003.11 6.03

23-Sep-16 1010.77 5.77

Baroda Pioneer Treasury Advantage Fund Reg - Quarterly Dividend27-Jun-14 1006.66 23.38

21-Mar-14 1011.22 7.79

24-Jun-16 1036.72 14.45

Baroda Pioneer Treasury Advantage Fund - Plan A - Quarterly Dividend30-Sep-16 1041.77 14.45

24-Jun-16 1035.24 14.45

23-Mar-16 1029.62 14.45

Baroda Pioneer Treasury Advantage Fund -Plan B- Direct - Quarterly Dividend30-Sep-16 1044.62 14.45

24-Jun-16 1036.72 14.45

23-Mar-16 1029.80 14.45

Baroda Pioneer Income Fund - Plan A - Dividend24-Jun-16 22.13 1.01

23-Mar-16 23.14 1.01

Baroda Pioneer Income Fund - Plan B - Direct - Dividend24-Jun-16 22.16 1.01

23-Mar-16 23.15 1.01

Dividend History

24

$ Face value is Rs. 10/- in all schemes other than Baroda Pioneer Liquid Fund and Baroda Pioneer Treasury Advantage Fund where the face value is Rs. 1,000/- per unit.

* Monthly income is not assured and is subject to the availability of distributable surplus.# Pursuant to payment of dividend, the NAVs of the schemes would fall to the extent of payout and statutory levy (if applicable).

31st December, 2016

BARODA PIONEER MUTUAL FUND25

karvy Computershare Private LimitedAddress and Contact detailsMFS Branches

• Bangalore [email protected] 080-26600785 • Belgaum [email protected] 0831 2402544 • Bellary [email protected] 08392 – 254750 • Davangere [email protected] 0819-2258714 • Dharwad [email protected] 0836- 2744207• Gulbarga [email protected] 0847-2310040 • Hassan [email protected] 08172 262065 • Hubli [email protected] 0836-2252444 • Mangalore [email protected] 0824-2496289 • Margoa [email protected] 0832-2731823 • Mysore [email protected] 0821-2438006 • Panjim [email protected] 0832-2426873 • Shimoga [email protected] 08182-228799 • Ahmedabad [email protected] 079-65445550 • Anand [email protected] 9662020623 • Ankleshwar [email protected] 02646 645326 • Baroda [email protected] 0265-6640870 • Bharuch [email protected] 02642-225022 • Bhavnagar [email protected] 278-3003149 • Gandhidham [email protected] 02836 651296 • Gandhinagar [email protected] 079-23244955 • Jamnagar [email protected] 0288-2558887 • Junagadh [email protected] 0285-2652220 • Mehsana [email protected] 02762-242950 • Nadiad [email protected] 0268-2563245 • Navsari [email protected] 02637-280367 • Rajkot [email protected] 2816545888 • Surat [email protected] 0261-3042170 • Valsad [email protected] 02632-258481 • Vapi [email protected] 9228012909 • Chennai [email protected] 044-42028512 • Alleppy [email protected] 0477 2263055 • Calicut [email protected] 0495-4022480 • Cochin [email protected] 0484 3000232 • Kannur [email protected] 0497-2764190 • Kollam [email protected] 0474-2747055 • Kottayam [email protected] 0481-2300868 • Malappuram [email protected] 0483-2731480 • Palghat [email protected] 491 6061110 • Thodupuzha [email protected] 0486-2211209 • Tiruvalla [email protected] 0469-3205676 • Trichur [email protected] 0487-3246231 • Trivandrum [email protected] 0471-2725728 • Coimbatore [email protected] 0422 - 4388011 • Dindigul [email protected] 0451- 6451043 • Erode [email protected] 0424-4021212 • Karaikudi [email protected] 04565-237192 • Karur [email protected] 04324-241755 • Madurai [email protected] 0452-2605856 • Nagerkoil [email protected] 04652 - 233552 • Namakkal [email protected] 04286- 23480 • Pollachi [email protected] 04259- 235111 • Pondicherry [email protected] 0413 2220640 • Pudukottai [email protected] 04322 - 220050 • Rajapalayam [email protected] 04563 - 232952 • Salem [email protected] 0427-4020300 • Sivakasi [email protected] 04562 228816 • Thanjavur [email protected] 04362-275415 • Tirunelveli [email protected] 0462 2335137 • Tirupur [email protected] 0421-2214221 • Trichy [email protected] 0431-4020227 • Tuticorin [email protected] 0461-2334603 • Vellore [email protected] 0416 2215007 • Agartala [email protected] 0381-2317519 • Guwahati [email protected] 8811036746 • Shillong [email protected] 0364 2506106 • Silchar [email protected] 03842 261714 • Ananthapur [email protected] 08554-244449 • Eluru [email protected] 08812-227851 • Guntur [email protected] 0863-2339094 •Hyderabad [email protected] 040-44677075/ 44677076/44677077/44677348 • Karimnagar [email protected] 0878-2261779 • Kurnool [email protected] 08158-228550 • Nanded [email protected] 02462-237885 • Nellore [email protected] 0861-2349940 • Nizamabad [email protected] 08462-224366 • Proddatur [email protected] 08564 - 242898 • Rajahmundry [email protected] 0883-2434468 • Solapur [email protected] 0217-2300021 • Srikakulam [email protected] 08942-225384 • Tirupathi [email protected] 0877-6544567 • Vijayanagaram [email protected] 08922-236962 • Vijayawada [email protected] 0866-2475126 • Visakhapatnam [email protected] 0891-2714125 • Warangal [email protected] 0870-2501664 • Akola [email protected] 0724-2451874 • Amaravathi [email protected] 0721-3291081 • Aurangabad [email protected] 0240-2343414 • Betul [email protected] 07141 - 231301 • Bhopal [email protected] 0755-4092712 • Chandrapur [email protected] 07172-270262 • Dewas [email protected] 07272-426010 • Dhule [email protected] 02562-282823 • Indore [email protected] 0731-4266828 • Jabalpur [email protected] 0761-3204376 • Jalgaon [email protected] 0257-2226761 • Nagpur [email protected] 0712-2533040 • Nasik nasikmfs@karvy.

31st December, 2016


com 0253-6611395 • Ratlam [email protected] 07412-402007 • Sagar [email protected] 07582-402404 • Ujjain [email protected] 0734-4250007 • Asansol [email protected] 0341-3266507 • Balasore [email protected] 06782-260503 • Bankura [email protected] 03242-255964 • Barhampore (Wb) [email protected] 03482 274494 • Berhampur (Or) [email protected] 0680-2228106 • Bhilai [email protected] 0788-2295999 • Bhubaneswar [email protected] 0674-6534585 • Bilaspur [email protected] 07752-408436• Bokaro [email protected] 9204061959 • Burdwan [email protected] 0342-2665140 • Chinsura [email protected] 033-26810164 • Cuttack [email protected] 0-9238102118 • Dhanbad [email protected] 0326-6452027, 0326- 2301045 • Durgapur [email protected] 0343-6512111 • Gaya [email protected] 0631-2220065 • Jalpaiguri [email protected] 03561-222136 • Jamshedpur [email protected] 0657-6655000 • Kharagpur [email protected] 03222-253380 • Kolkata [email protected] ; [email protected] 033-40611135/ 36; 033-24659263/9267, 24635432, 24669450, 24196462 • Malda [email protected] 03512-223763 • Patna [email protected] 0612-6453098 • Raipur [email protected] 0771-4052620 • Ranchi [email protected] 0651-2331320 • Rourkela [email protected] 0661-2500005 • Sambalpur [email protected] 0663-2522105 • Siliguri [email protected] 0353-2526393, 0353-2522579 • Agra [email protected] 9369918603 • Aligarh [email protected] 9369918604 • Allahabad [email protected] 9369918605 • Ambala [email protected] 9315017301 • Azamgarh [email protected] 9307910001 • Bareilly [email protected] 9369918607 • Begusarai [email protected] 9308793949 • Bhagalpur [email protected] 9386256100 • Darbhanga [email protected] 06272-220145 • Dehradun [email protected] 9369918608 • Deoria [email protected] 7499496134 • Faridabad [email protected] 9310448851 • Ghaziabad [email protected] 9310448804 • Ghazipur [email protected] 7499496131 •Gonda [email protected] 7499496127 • Gorakhpur [email protected] 9369918610 • Gurgaon [email protected] 9310448806 • Gwalior [email protected] 9300004262 • Haldwani [email protected] 9369918611 • Haridwar [email protected] 9369918612 • Hissar [email protected] 9315017303 • Jaunpur [email protected] 9369918613 • Jhansi [email protected] 9369918614 • Kanpur [email protected] 9369918615/6 • Korba [email protected] 9300155683 • Lucknow [email protected] 9369918600 • Mandi [email protected] 9318873501• Mathura [email protected] 9369918618 • Meerut [email protected] 9369918619 •Mirzapur [email protected] 7499496133 • Moradabad [email protected] 9369918620 •Morena [email protected] 7489361265 • [email protected] 9386256101 •Noida [email protected] 9310448805 • Panipat [email protected] 9315017304 • Renukoot [email protected] 7499495854 • Rewa [email protected] 7489755878 • Rohtak [email protected] 9315017305 • Roorkee [email protected] 9369918621 • Saharanpur [email protected] 9369918622 • Satna [email protected] 9300004263 • Shaktinagar [email protected] 7499496129 • Shimla [email protected] 9318644501 • Shivpuri [email protected] 9303028921 • Sitapur [email protected] 9369918623 • Solan [email protected] 9318991871 • Sonepat [email protected] 9315457164 • Sultanpur [email protected] 9369918624 • Varanasi [email protected] 9369918626 • Yamuna Nagar [email protected] 9315017306 • Kolhapur [email protected] 0231 2653656 • Mumbai [email protected] 022-66235353 • Pune [email protected] 020-25533795 • Ajmer [email protected] 0145-5120725 • Alwar [email protected] 0144-3291200 • Amritsar [email protected] 0183-5053802 •Bhatinda [email protected] 0164-5006725 • Bhilwara [email protected] 01482-246362 •Bikaner [email protected] 0151-2200014 •Chandigarh [email protected] 0172-5101342 •Ferozpur [email protected] 01632-241814 •Hoshiarpur [email protected] 01882-500143 •Jaipur [email protected] 0141-4167714 • Jalandhar [email protected] 0181-5094410 • Jammu [email protected] 0191-2458820 • Jodhpur [email protected] 0291-6454590 • Karnal [email protected] 0184-2252524 •Kota [email protected] 0744-5100964 • Ludhiana [email protected] 0161-4648747 • Moga [email protected] 01636-230792 • New Delhi [email protected] 011-43681700 • Pathankot [email protected] 0186-5080188 • Patiala [email protected] 0175-5004349 • Sikar [email protected] 01572-250398 • Sri Ganganagar [email protected] 0154-2470177 • Udaipur [email protected] 0294-2429370 • Chembur 022-662215536 • Vashi 022-27802684 • Borivali 022- 28916319

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31st December, 2016


Contact Points:Toll Free Number: 1-800-267 0189 | Email: [email protected] | Website:www.barodapioneer.inRegistered OfficeBaroda Pioneer Asset Management Company Ltd.CIN : U65991MH1992PLC069414501 Titanium, 5th Floor, Western Express Highway, Goregaon (E), Mumbai - 400063.Phone: +91 22 3074 1000 / 4219 7999. Fax: +91 22 3074 1001.Branch OfficeBaroda Pioneer Asset Management Company Ltd.Flat No. 103 & 104, First Floor,Prakash Deep Building, 7 Tolstoy Marg, New Delhi - 110001. Phone: 011-43514662Branch OfficeBaroda Pioneer Asset Management Company Ltd. HP Complex, Flat No.12, 3rd Floor, Door No. 124/1,2&3 New No. 14, G N Chetty Road,T.Nagar, Chennai - 600017 Phone: 044 - 2834 3530, Fax: 044 - 2834 3539Mutual fund investments are subject to market risks,read all scheme related documents carefully.

• Thane 022 25428475 • Agartala [email protected] 0381-2317519 • Amaravathi [email protected] 0721-3291081 • Anand [email protected] 9662020623 • Bangalore [email protected] 080-26600785 • Berhampur (Or) [email protected] 0680-2228106 • Bhavnagar [email protected] 0278-3004116 • Bhubaneswar [email protected] 0674-6534585 • Chandigarh [email protected] 0172-5042279 • Dhule [email protected] 02562-282823 • Ferozepur [email protected] 01632-241814 • Gwalior [email protected] 9300004262 • Hubli [email protected] 0836-2252444 • Hyderabad [email protected] 040-44677075/ 44677076/44677077/44677348 • Indore [email protected] 0731-4266828 • Jalgaon [email protected] 0257-2226761 • Jalpaiguri [email protected] 03561-222136 • Jamshedpur [email protected] 0657-6655000 • Kollam [email protected] 0474-2747055 • Mirzapur [email protected] 7499496133 • Moga [email protected] 01636-230792 • Nellore [email protected] 0861-2349940 • Noida [email protected] 9310448805 • Panipat [email protected] 9315017304 • F C Road, Pune [email protected] 020-25533795 • Rajapalayam [email protected] 04563 - 232952 • Shimoga [email protected] 08182-228799 • Solapur [email protected] 0217-2300021 • Tirupathi [email protected] 0877-6544567 • Visakhapatnam [email protected] 0891-2714125

Documents

Factsheet - maestrofinancial.in Pioneer Mutual... · 31st December, 2016 BARODA PIONEER MUTUAL FUND Dear Investors, Warm Greetings! December month for the year 2016 largely mirrored