Factsheetbarodamf.com/Downloads/LatestFactsheetandPortfolios/Baroda Pio… · restricting an increase in overall CPI inflation in June 2015. The inflation rate for rural area was

FactsheetJuly 2015

31st July, 2015

BARODA PIONEER MUTUAL FUND

Dear Investors,

Warm Greetings!

Month of July 2015 saw continued volatility in the stock markets. Market was range bound through the month, but managed to close up 1%. Year to date, markets are up by two percent. FIIs turned net buyers during the month, post two months of being net sellers. Internationally, exit of Greece continue to dominate news, although market reaction was largely neutral to events in Greece. Greece has finally agreed to the bailout package from its lenders. While India market was range bound, Chinese markets saw wild swings in July 2015. China market is down 29% during the month. However, YTD China market is up 14%, as compared to India, which is up 0.4%. Over the last twelve months, China is up 70%, while India is up 6.2%.

Core inflation rose for third straight month to 4.6% in June 2015. The all-India general CPI inflation moved up to 5.4% in June 2015 from 5.0% in May 2015. An increase in

inflation for food and beverages mainly contributed to the rise in overall CPI inflation, while housing inflation declined restricting an increase in overall CPI inflation in June 2015. The inflation rate for rural area was 6.1% and urban area 4.6% in June 2015 as against 5.5% and 4.4% in May 2015.

The Index of Industrial production (IIP) rose 2.7% in May 2015 compared to a downwardly revised 3.4% growth in April 2015 and 5.6% expansion in the year-ago period. The manufacturing sector, which accounts for over 75% of the index, grew 2.2% in May 2015 compared to an expansion of 5.9% in the year-ago period. Mining and electricity sectors notched up healthy growth.

Though the monsoon has been slightly below normal but its progress has to be watched out along with the special distribution. The food inflation has spiked due to protein-based items but it should remain contained due to lower crude and commodity prices. We expect the rates to soften as there is still a chance of one more rate cut if the inflation is contained and growth recovery is fragile. Lower CPI print and Fiscal consolidation measures are likely to be the key triggers for the rally. The key risks are higher food inflation due to poor monsoon, slippages in fiscal deficit, spike in crude and commodity prices and sharp hike in interest rate by US.

The monsoon session of Parliament is underway. The two key bills (GST and Land bill) apart from others, are being delayed due the political logjam. Both the bills are very critical for the economy as many economic goals are dependent on it. Currently, the Union Cabinet has agreed to the recommendation made by select committee of the Rajya Sabha. We should see some progress atleast on GST in this session.

Speaking of Monsoon, the rainfall this year is near normal. After an above normal June 2015 (+16%), July 2015 Is going to end with (-15%) as per Skymet forecast. Skymet forecasts August to be (-8%) and September 2015 to be (+12%). Early worries on drought should subside and aid to robust farm output this year.

With expectations of improving growth and the economy likely to benefit from falling crude prices, India should 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 Chawla

Chief Investment Officer

Source : Economic Times

CIO Letter

2

Mr. Sanjay ChawlaChief Investment Officer

31st July, 2015


INDEX

Title

Baroda Pioneer Growth Fund Pg 4

Baroda Pioneer ELSS’ 96 Pg 5

Baroda Pioneer PSU Equity Fund Pg 6

Baroda Pioneer Infrastructure Fund Pg 7

Baroda Pioneer Banking and Financial Services Fund Pg 8

Baroda Pioneer Balance Fund Pg 9

Baroda Pioneer Monthly Income Plan (MIP) Fund Pg 10

Baroda Pioneer Credit Opportunities Fund Pg 11

Baroda Pioneer Gilt Fund Pg 12

Baroda Pioneer Income Fund Pg 13

Baroda Pioneer Dynamic Bond Fund Pg 14

Baroda Pioneer Short Term Bond Fund Pg 15

Baroda Pioneer Public Sector Undertaking (PSU) Bond Fund Pg 16

Baroda Pioneer Treasury Advantage Fund Pg 17

Baroda Pioneer Liquid Fund Pg 18

Investment Performance Pg 19

3

31st July, 2015


Baroda Pioneer Growth Fund

PORTFOLIO

Name of Instruments Ratings / Industry

% to Net Assets

EQUITY & EQUITY RELATED

Listed / awaiting listing on the stock exchanges

HDFC Bank Limited Banks 5.49%

Infosys Limited Software 4.66%

Reliance Industries Limited Petroleum Products

4.05%

Yes Bank Limited Banks 3.86%

ICICI Bank Limited Banks 3.73%

Axis Bank Limited Banks 3.60%

Tata Consultancy Services Limited

Software 3.55%

Maruti Suzuki India Limited Auto 3.50%

Divi's Laboratories Limited Pharmaceuticals 3.17%

Colgate Palmolive (India) Limited

Consumer Non Durables

3.06%

Motherson Sumi Systems Limited

Auto Ancillaries 2.95%

Larsen & Toubro Limited Construction Project

2.90%

IndusInd Bank Limited Banks 2.77%

Tech Mahindra Limited Software 2.68%

Amara Raja Batteries Limited Auto Ancillaries 2.68%

Cadila Healthcare Limited Pharmaceuticals 2.67%

Tata Motors Limited Auto 2.64%

Pidilite Industries Limited Chemicals 2.48%

HCL Technologies Limited Software 2.42%

Alstom T&D India Limited Industrial Capital Goods

2.35%

Britannia Industries Limited Consumer Non Durables

2.30%

Bosch Limited Auto Ancillaries 2.27%

State Bank of India Banks 2.18%

Housing Development Finance Corporation Limited

Finance 2.17%

IDFC Limited Finance 2.12%

United Spirits Limited Consumer Non Durables

2.10%

Bharat Petroleum Corporation Limited

Petroleum Products

1.87%

Multi Commodity Exchange of India Limited

Finance 1.84%

Idea Cellular Limited Telecom - Services

1.54%

Cummins India Limited Industrial Products

1.41%

Marico Limited Consumer Non Durables

1.30%

Oil & Natural Gas Corporation Limited

Oil 1.28%

Cipla Limited Pharmaceuticals 1.15%

Hindustan Unilever Limited Consumer Non Durables

1.12%

Eicher Motors Limited Auto 1.04%

GlaxoSmithKline Consumer Healthcare Limited


1.02%

Bharti Airtel Limited Telecom - Services

1.02%

Dabur India Limited Consumer Non Durables

1.01%

Sun Pharmaceuticals Industries Limited

Pharmaceuticals 1.00%

PORTFOLIO


% to Net Assets

Mahindra & Mahindra Limited

Auto 0.69%

Asian Paints Limited Consumer Non Durables

0.59%

Bata India Limited Consumer Durables

0.34%

Bajaj Corp Limited Consumer Non Durables

0.13%

Total 96.70%

PREFERENCE SHARES


Zee Entertainment Enterprises Limited - Preference shares

Media & Entertainment

0.08%

Total 0.08%

CBLO / Reverse Repo Investments 5.59%

Total 5.59%

Cash & Cash Equivalents

Net Receivable/Payable -2.37%

Total -2.37%

Grand Total 100.00%

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

TOP SECTORS

21.63%

13.31%

12.63%

7.99%

7.90%

7.87%

6.13%

5.92%

3.22%

2.90%

2.56%

2.48%

2.35%

1.41%

1.28%

0.34%

0.08%

Banks

Software


Pharmaceuticals

Auto Ancillaries

Auto

Finance

Petroleum Products

Cash & Equivalent

Construction Project

Telecom - Services

Chemicals

Industrial Capital Goods

Industrial Products

Oil

Consumer Durables


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

Nature of Scheme An Open Ended Growth Scheme

Date of Allotment September 12, 2003

Fund Manager Mr. Dipak Acharya#

Benchmark CNX 100*

Average AUM (`) 220.64 Crs (Apr- Jun 2015)

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

Entry Load Nil

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

Plan A and Plan B (Direct)

The Scheme(s) offer:A. Growth Option (default option in case no option specified by investor);B. Dividend Option C. Bonus Option$

SIP (Minimum) ` 1000/month - 6 Installments` 1500/quarter - 4 Installments

RISk PROFILE 31 JULY 2015

Standard deviation 15.04Sharpe 0.88Beta 1.01Portfolio Turnover (last 12 months) 1.14

NAV AS ON 31 JULY 2015

NAV `Plan AGrowth 80.5200Dividend 36.0700Plan B - DirectGrowth 82.5200Dividend 35.1900

** Thinly traded/Non traded securities and illiquid securities as defined in SEBI Regulations and Guidelines.$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 and hence, no fresh subscriptions are accepted under this Option# 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 23

An Open Ended Growth Scheme

4

31st July, 2015


PORTFOLIO


% to Net Assets




4.54%



Sintex Industries Limited Industrial Products 3.92%

Maruti Suzuki India Limited

Auto 3.73%



Bajaj Finance Limited Finance 3.12%


Tech Mahindra Limited Software 2.71%

Colgate Palmolive (India) Limited


2.71%

FAG Bearings IndiaLimited

Industrial Products 2.68%


Finance 2.57%



2.44%


Finance 2.43%

Oberoi Realty Limited Construction 2.38%


Motherson Sumi Systems Limited


Idea Cellular Limited Telecom - Services 2.36%


United Spirits Limited Consumer Non Durables

2.31%

Tata Consultancy Services Limited

Software 2.28%


Cummins India Limited Industrial Products 2.26%

Karur Vysya Bank Limited Banks 2.18%

Britannia Industries Limited


2.14%

Cadila Healthcare Limited Pharmaceuticals 2.14%

Hindustan Unilever LimitedConsumer Non Durables

2.09%

WABCO India Limited Auto Ancillaries 2.06%


2.03%

Marico Limited Consumer Non Durables

1.99%


Hindustan Petroleum Corporation Limited

Petroleum Products

1.67%


Astra Microwave Products Limited

Telecom - Equipment & Accessories

1.58%

Gujarat Gas Limited @ Gas 1.56%

Dr. Reddy's Laboratories Limited


PORTFOLIO


% to Net Assets

Sun Pharmaceuticals Industries Limited


Eicher Motors Limited Auto 0.97%

Mahindra & Mahindra Limited

Auto 0.46%

Total 99.04%

PREFERENCE SHARES


Zee Entertainment Enterprises Limited - Preference shares


0.02%

Total 0.02%


Total 1.36%



Total -0.42%

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

TOP SECTORS

19.70%

12.08%

11.24%

10.50%

8.86%

7.51%

6.21%

4.42%

4.27%

2.44%

2.38%

2.36%

2.03%

1.90%

1.58%

1.56%

0.94%

0.02%

Banks

Software


Finance

Industrial Products

Auto

Petroleum Products

Auto Ancillaries

Pharmaceuticals


Construction

Telecom - Services


Chemicals

Telecom - Equipment& Accessories

Gas

Cash & Equivalent


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

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

Date of Allotment March 31, 1996


Benchmark S&P BSE SENSEX


Minimum Investment ` 500/- & in multiples of ` 1/- thereafter

Entry Load Nil

Exit Load Nil

Plans

Option


The Scheme(s) offer:A. Growth Option (default option in case no option specified by investor);B. Dividend Option C. Bonus Option$





NAV `Plan ADividend 32.2700Bonus 37.5600Growth 37.5600Plan B - DirectDividend 33.3500Bonus 39.0100Growth 39.0100

$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 and hence, no fresh subscriptions are accepted under this Option# 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 Tax Benefit - Cum - Growth Scheme

5

31st July, 2015


Baroda Pioneer PSU Equity Fund

Investors understand that their principal will be at High risk

This product is suitable for investors who are seeking*• Growth in capital along with the liquidity over long

term• Investment predominantly in equity stocks of domestic

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


The primary investment objective of the Scheme is to provide investors with opportunities for long term growth in capital along with the liquidity of an open ended scheme through an active management of investments in a diversified basket of equity stocks of domestic Public Sector Undertakings.

FUND DETAILS

Nature of Scheme An Open Ended Equity Scheme

Date of Allotment December 4, 2010


Benchmark S&P BSE PSU Index



Entry Load Nil

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


The Scheme(s) offer: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




Coal India Limited Minerals/Mining

10.23%

Oil & Natural Gas Corporation Limited

Oil 9.60%

Rural Electrification Corporation Limited

Finance 7.72%

Engineers India Limited Construction Project

6.26%

Container Corporation of India Limited

Transportation 6.16%

Gujarat State Petronet Limited Gas 5.37%

Mangalore Refinery and Petrochemicals Limited

Petroleum Products

4.89%

Bharat Petroleum Corporation Limited

Petroleum Products

4.80%

Power Grid Corporation of India Limited

Power 4.78%

Bharat Electronics Limited Industrial Capital Goods

4.13%

Bank of Baroda Banks 3.91%

GAIL (India) Limited Gas 3.22%

Gujarat Gas Limited @ Gas 2.67%

MOIL Limited Minerals/Mining

2.41%

Hindustan Petroleum Corporation Limited

Petroleum Products

2.39%

Oil India Limited Oil 2.24%

National Aluminium Company Limited

Non - Ferrous Metals

1.84%

Gujarat Mineral Development Corporation Limited

Minerals/Mining

1.69%

Gujarat State Fertilizers & Chemicals Limited

Fertilisers 1.13%

Total 97.67%

BONDS & NCDs


NTPC Limited CRISIL AAA 0.33%

Total 0.33%


Total 6.81%



Total -4.81%

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

TOP SECTORS

16.14%

14.33%

12.08%

11.84%

11.26%

7.72%

6.26%

6.16%

4.78%

4.13%

2.00%

1.84%

1.13%

0.33%

Banks

Minerals/Mining

Petroleum Products

Oil

Gas

Finance


Transportation

Power


Cash & Equivalent

Non - Ferrous Metals

Fertilisers

CRISIL AAA

An Open Ended Equity Scheme


6

31st July, 2015


Baroda Pioneer Infrastructure 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 infrastructure and infrastructure related sectors.* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


The primary investment objective of the Scheme will be to generate long-term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in infrastructure and infrastructure related sectors.

FUND DETAILS

Nature of Scheme An Open Ended Equity Scheme

Date of Allotment June 22, 2010


Benchmark CNX Infra*



Entry Load Nil

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








PORTFOLIO


% to Net Assets




6.55%

Idea Cellular Limited Telecom - Services 5.55%

Solar Industries IndiaLimited

Chemicals 5.35%

Sintex Industries Limited Industrial Products 5.27%


NCC Limited Construction Project

4.71%

Adani Ports and Special Economic Zone Limited


Bharti Airtel Limited Telecom - Services 3.83%



3.66%

Cummins India Limited Industrial Products 3.65%

PTC India Limited Power 3.16%

Bharat Forge Limited Industrial Products 3.15%

Ingersoll Rand (India)Limited

Industrial Products 3.08%

Sadbhav Engineering Limited


2.92%

FAG Bearings India Limited Industrial Products 2.92%

Simplex Infrastructures Limited

Construction 2.91%



2.89%

Astral Poly Technik Limited Industrial Products 2.55%


Finance 2.45%

Oberoi Realty Limited Construction 2.41%

Ashok Leyland Limited Auto 2.32%

Petronet LNG Limited Gas 2.30%

Gujarat Pipavav Port Limited Transportation 2.16%

PNC Infratech Limited Construction 2.15%

Jk Lakshmi Cement Limited Cement 1.54%


1.54%


Finance 1.49%

Texmaco Rail & Engineering Limited


1.44%

Max India Limited Finance 1.25%

Sundaram Finance Limited Finance 1.09%

SKS Microfinance Limited Finance 1.06%

Honeywell AutomationIndia Limited


0.48%

Total 98.50%

PORTFOLIO


% to Net Assets

BONDS & NCDs


NTPC Limited CRISIL AAA 0.26%

Total 0.26%


Total 4.23%



Total -2.99%

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

TOP SECTORS

20.62%

15.92%

14.18%

9.38%

7.47%

6.25%

5.35%

3.66%

3.46%

3.16%

2.89%

2.32%

2.30%

1.54%

1.24%

0.26%

Industrial Products

Finance


Telecom - Services

Construction

Transportation

Chemicals

Petroleum Products


Power

Telecom - Equipment &Accessories

Auto

Gas

Cement

Cash & Equivalent

CRISIL AAA

An Open Ended Equity Scheme

$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 and hence, no fresh subscriptions are accepted under this Option# 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 23

7

31st July, 2015


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

Nature of Scheme An Open Ended Sectoral Scheme



Benchmark CNX Bank Index*



Entry Load Nil

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 `Plan AGrowth 16.3100Dividend 15.1800Bonus 16.3100Plan B - DirectGrowth 16.6800Dividend 15.5200Bonus 16.6800

PORTFOLIO


% to Net Assets








Kotak Mahindra Bank LimitedBanks 5.23%




Bank of Baroda Banks 2.34%

Sundaram Finance Limited Finance 2.31%

Credit Analysis And Research Limited

Finance 1.87%


Finance 1.78%

DCB Bank Limited Banks 1.62%


City Union Bank Limited Banks 1.33%


Finance 1.07%

ICRA Limited Finance 0.63%

Total 98.75%


Total 1.41%



Total -0.16%

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

TOP SECTORS

85.42%

13.33%

1.25%

Banks

Finance

Cash & Equivalent

An Open Ended Sectoral Scheme

$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 and hence, no fresh subscriptions are accepted under this Option# 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 23

8

31st July, 2015


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

Nature of Scheme An Open Ended Balanced Scheme



Benchmark CRISIL Balance Fund Index



Entry Load Nil

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



SIP (Minimum) ` 1000/month - 6 months` 1500/quarter - 4 quarters




NAV `Plan AGrowth 44.4400Dividend 22.2700Bonus 44.4400Plan B - DirectGrowth 45.5600Dividend 23.0600


PORTFOLIO


% to Net


Listed / awaiting listing on the stock exchangesTata Consultancy Services Limited

Software 3.88%

United Spirits LimitedConsumer Non Durables

3.81%


Reliance Industries LimitedPetroleum Products

3.44%

HDFC Bank Limited Banks 3.34%Yes Bank Limited Banks 2.84%Axis Bank Limited Banks 2.66%Coal India Limited Minerals/Mining 2.56%ICICI Bank Limited Banks 2.54%Maruti Suzuki India Limited Auto 2.53%Tata Motors Limited Auto 2.24%Idea Cellular Limited Telecom - Services 2.08%HCL Technologies Limited Software 1.80%

Larsen & Toubro LimitedConstruction Project

1.54%

State Bank of India Banks 1.53%Lupin Limited Pharmaceuticals 1.51%Adani Ports and Special Economic Zone Limited


Manpasand Beverages LimitedConsumer Non Durables

1.31%

IDFC Limited Finance 1.29%IndusInd Bank Limited Banks 1.26%Cadila Healthcare Limited Pharmaceuticals 1.23%Pidilite Industries Limited Chemicals 1.22%Colgate Palmolive (India)Limited


1.19%

Godrej Consumer Products Limited


1.18%

Rural ElectrificationCorporation Limited

Finance 1.16%

Ashok Leyland Limited Auto 1.16%Grasim Industries Limited Cement 1.14%Sintex Industries Limited Industrial Products 0.99%Multi Commodity Exchange of India Limited

Finance 0.97%

Hindustan Unilever LimitedConsumer Non Durables

0.95%

Petronet LNG Limited Gas 0.93%Housing Development Finance Corporation Limited

Finance 0.92%

Asian Paints LimitedConsumer Non Durables

0.89%

Berger Paints (I) LimitedConsumer Non Durables

0.82%

Exide Industries Limited Auto Ancillaries 0.81%

TD Power Systems LimitedIndustrial Capital Goods

0.81%

Tech Mahindra Limited Software 0.76%Sun Pharmaceuticals Industries Limited


FAG Bearings India Limited Industrial Products 0.70%Bosch Limited Auto Ancillaries 0.68%

D.B.Corp LimitedMedia & Entertainment

0.65%

Bajaj Corp LimitedConsumer Non Durables

0.63%

Oberoi Realty Limited Construction 0.59%City Union Bank Limited Banks 0.57%

Sadbhav Engineering LimitedConstruction Project

0.57%

Alstom T&D India LimitedIndustrial Capital Goods

0.48%

Whirlpool of India LimitedConsumer Durables

0.30%

Karur Vysya Bank Limited Banks 0.29%PNC Infratech Limited Construction 0.28%Mahindra & Mahindra Limited Auto 0.23%Oil India Limited Oil 0.20%



0.19%

Jk Lakshmi Cement Limited Cement 0.17%Total 71.57%

MONEY MARkET INSTRUMENTCertificate of Deposit**Canara Bank CRISIL A1+ 4.10%

PORTFOLIO


% to Net

Axis Bank Limited CRISIL A1+ 4.10%Kotak Mahindra Bank Limited CRISIL A1+ 0.86%Total 9.06%Commercial Paper**Housing Development Finance Corporation Limited

CRISIL A1+ 4.09%

Small Industries Development Bank of India

CRISIL A1+ 4.08%

Total 8.17%

CENTRAL GOVERNMENT SECURITIES

8.24% CGL 2027 SOV 0.23%

8.60% CGL 2028 SOV 0.02%

8.28% CGL 2027 SOV 0.02%

Total 0.27%

BONDS & NCDs

Listed / awaiting listing on the stock exchangesPiramal Enterprises Limited CRISIL AA 3.42%Piramal Enterprises Limited ICRA AA 1.71%Piramal Enterprises Limited ICRA AA 0.86%IDFC Limited CRISIL AAA 0.85%Nabha Power Limited CRISIL AAA 0.47%Vedanta Limited CRISIL AA+ 0.17%India Infoline Housing Finance Limited

CRISIL AA- 0.16%

India Infoline Housing Finance Limited

CRISIL AA 0.11%

Power Finance Corporation Limited

CRISIL AAA 0.09%

Nabha Power Limited CRISIL AAA 0.09%


CRISIL AAA 0.09%

JSW Steel Limited CARE AA 0.05%Power Grid Corporation of India Limited

CRISIL AAA 0.02%

Total 8.09%CBLO / Reverse Repo Investments 1.03%Total 1.03%Cash & Cash EquivalentsNet Receivable/Payable 1.81%Total 1.81%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.

TOP SECTORS

17.23%15.03%

10.78%10.14%

6.16%4.34%

3.53%3.45%3.44%

2.84%2.57%2.56%

2.11%2.08%1.69%1.61%1.49%1.34%1.31%1.29%1.22%0.93%0.87%0.65%0.30%0.27%0.20%0.19%0.17%0.16%0.05%

CRISIL A1+Banks

Consumer Non DurablesSoftware

AutoFinance

CRISIL AAPharmaceuticals

Petroleum ProductsCash & Equivalent

ICRA AAMinerals/Mining

Construction ProjectTelecom - ServicesIndustrial Products

CRISIL AAAAuto AncillariesTransportation

CementIndustrial Capital Goods

ChemicalsGas

ConstructionMedia & Entertainment

Consumer DurablesSOV

Oil

Telecom - Equipment &Accessories

CRISIL AA+CRISIL AA-CARE AA

An Open Ended Balanced Scheme

9

31st July, 2015


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

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


Fund Manager Ms. Hetal Shah#

Benchmark CRISIL MIP Blended Index


Minimum Investment ` 5,000/- & in multiples of ` 1.000/- thereafter

Entry Load Nil

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

Plans Plan A and Plan B (Direct)

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



NAV `Plan AGrowth 18.9783Dividend - Monthly 13.3932Dividend - Quarterly 13.1147Plan B - DirectGrowth 19.4121Dividend - Quarterly 13.2169Dividend - Monthly 13.4661

PORTFOLIO CHARACTERISTIC

Average Maturity (Days) 1937.69Modified Duration (Years) 3.37

YTM (%) 8.58


PORTFOLIO


% to Net Assets

EQUITY & EQUITY RELATEDListed / awaiting listing on the stock exchanges



Solar Industries India Limited Chemicals 1.02%


Maruti Suzuki India Limited Auto 0.90%

Sintex Industries LimitedIndustrial Products

0.90%



Dabur India LimitedConsumer Non Durables

0.77%

Colgate Palmolive (India)Limited


0.73%

Marico Limited Consumer Non Durables 0.69%




0.66%


NCC LimitedConstruction Project

0.65%

Bharat Forge LimitedIndustrial Products

0.60%


Finance 0.59%


United Spirits LimitedConsumer Non Durables

0.58%

Cummins India LimitedIndustrial Products

0.52%


Bosch Limited Auto Ancillaries 0.51%IndusInd Bank Limited Banks 0.51%Oberoi Realty Limited Construction 0.41%


Whirlpool of India LimitedConsumer Durables

0.39%

Mahindra & Mahindra Limited Auto 0.36%

Simplex Infrastructures Limited Construction 0.29%Motherson Sumi SystemsLimited


City Union Bank Limited Banks 0.26%

Lupin Limited Pharmaceuticals 0.13%Total 19.47%CENTRAL GOVERNMENT SECURITIES8.60% CGL 2028 SOV 16.34%9.47% SDL 2024 SOV 5.60%8.24% CGL 2027 SOV 2.64%Total 24.58%BONDS & NCDsListed / awaiting listing on the stock exchanges

Nabha Power Limited CRISIL AAA 11.60%

JSW Steel Limited CARE AA 10.62%


CRISIL AA- 9.83%

India Infoline Finance Limited ICRA AA 6.87%

PORTFOLIO


% to Net Assets


CRISIL AAA 5.30%


CRISIL AAA 2.65%

Total 46.87%CBLO / Reverse Repo Investments 7.29%Total 7.29%Cash & Cash EquivalentsNet Receivable/Payable 1.79%Total 1.79%Grand Total 100.00%All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND.

RATING PROFILE

24.58%

19.55%

10.62%

9.83%

9.08%

6.87%

4.70%

2.77%

2.23%

2.02%

1.78%

1.60%

1.06%

0.78%

0.70%

0.66%

0.65%

0.39%

0.13%

SOV

CRISIL AAA

CARE AA

CRISIL AA-

Cash & Equivalent

ICRA AA

Banks


Finance

Industrial Products

Auto

Chemicals

Software

Auto Ancillaries

Construction

Telecom - Equipment& Accessories


Consumer Durables

Pharmaceuticals

INSTRUMENTS

46.87%24.58%

19.47%

7.29% 1.79% BONDS & NCDs

CENTRAL GOVERNMENTSECURITIES

EQUITY & EQUITYRELATED

CBLO / Reverse RepoInvestments

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.)

10

31st July, 2015


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

Nature of Scheme An Open Ended Debt Scheme

Date of Allotment January 23, 2015

Fund Manager Mr. Alok Sahoo, Ms. Hetal Shah

Benchmark CRISIL Short Term Bond Fund Index



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$


MATURITY PROFILE 31 JULY 2015

Above 60 days 80.21%Below 60 days 17.99%


Average Maturity (Days) 859.34Modified Duration (Years) 1.63YTM (%) 10.12

$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 and hence, no fresh subscriptions are accepted under this Option

PORTFOLIO


% to Net Assets

MONEY MARkET INSTRUMENT

Commercial Paper**Peninsula Land Limited ICRA A1 9.76%

Bilt Graphic Paper Products Limited IND A1+ 9.01%

S.D. Corporation Private Limited CARE A1+ 6.93%

Total 25.70%

CENTRAL GOVERNMENT SECURITIES8.40% CGL 2024 SOV 5.58%

Total 5.58%

BONDS & NCDsListed / awaiting listing on the stock exchanges

Edelweiss Commodities Services Limited

ICRA AA 10.89%

Muthoot Fincorp Limited CRISIL A 10.48%

Piramal Enterprises Limited CRISIL AA 9.03%

Aspire Home Finance Corporation Limited

CRISIL A+ 8.92%




IDBI Bank Limited CRISIL AA- 0.90%

Total 57.95%

CBLO /Reverse Repo investments 8.98%

Total 8.98%


Net Receivable/Payable 1.79%

Total 1.79%

Grand Total 100.00%


RATING PROFILE

18.21%

10.77%

10.48%

10.41%

9.76%

9.03%

9.01%

8.92%

6.93%

5.58%

0.90%

ICRA AA

Cash & Equivalent

CRISIL A

CARE AA

ICRA A1

CRISIL AA

IND A1+

CRISIL A+

CARE A1+

SOV

CRISIL AA-

INSTRUMENTS

57.95%

25.70%

8.98%

5.58% 1.79%BONDS & NCDs

Commercial Paper





NAV `Plan ABonus 10.5731Growth 10.5731Dividend - Quarterly 10.3609Dividend - Monthly 10.4322Plan B - DirectBonus 10.6324Growth 10.6324Dividend - Quarterly 10.4200Dividend - Monthly 10.4914

An Open Ended Debt Scheme

11

31st July, 2015


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

Nature of Scheme An Open Ended Gilt Scheme



Benchmark I SEC-MI BEX



Entry Load Nil

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$



Below 10 Years 9.58%

Above 10 Years 87.39%





PORTFOLIO


% to Net Assets


8.60% CGL 2028 SOV 23.57%

8.40% CGL 2024 SOV 17.39%

7.88% CGL 2030 SOV 9.17%

8.15% CGL 2026 SOV 7.40%

9.47% SDL 2024 SOV 7.34%

8.33% CGL 2026 SOV 6.09%

8.24% CGL 2027 SOV 5.54%

9.39% SDL 2023 SOV 4.55%

8.28% CGL 2027 SOV 4.17%

8.83% CGL 2023 SOV 2.15%

Total 87.37%


Total 9.58%



Total 3.05%

Grand Total 100.00%


RATING PROFILE

87.37%

12.63%

SOV

Cash & Equivalent

INSTRUMENTS

87.37%

9.58% 3.05%





An Open Ended Gilt Scheme

12

31st July, 2015


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

Nature of Scheme An Open Ended Income Scheme



Benchmark CRISIL Composite Bond Fund Index



Entry Load Nil

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$



Below 2 year 3.70%2 year to 5 years 0.00%5 years and above 94.11%


NAV `Plan AGrowth 22.0569Dividend 22.0569Plan B - DirectGrowth 22.6083



PORTFOLIO


% to Net Assets


8.60% CGL 2028 SOV 37.27%

8.40% CGL 2024 SOV 13.09%

8.33% CGL 2026 SOV 6.49%

8.83% CGL 2023 SOV 3.56%

9.35% SDL 2024 SOV 3.42%

8.58% SDL 2023 SOV 3.07%

9.39% SDL 2023 SOV 1.96%

Total 68.86%

BONDS & NCDs



Vijaya Bank CRISIL AA- 8.34%



ICRA AA 0.93%

Total 26.17%


Total 2.77%



Total 2.20%

Grand Total 100.00%


RATING PROFILE

68.86%

20.95%

5.22%

4.97%

SOV

CRISIL AA-

ICRA AA

Cash & Equivalent

INSTRUMENTS

68.86%

26.17%

2.77%

2.20% CENTRALGOVERNMENTSECURITIES

BONDS & NCDs




An Open Ended Income Scheme

13

31st July, 2015


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, Ms. Hetal Shah#




Entry Load Nil

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$



Above 5 years 85.56%2 to 5 years 0.00%Below 2 Years 10.36%





PORTFOLIO


% to Net Assets


7.88% CGL 2030 SOV 18.44%

8.15% CGL 2026 SOV 11.11%

9.72% SDL 2023 SOV 10.49%

9.47% SDL 2024 SOV 10.39%

8.17% CGL 2044 SOV 9.84%

8.40% CGL 2024 SOV 8.15%

8.28% CGL 2027 SOV 4.92%

8.83% CGL 2023 SOV 3.04%

8.60% CGL 2028 SOV 0.61%

Total 76.99%

BONDS & NCDs



Vijaya Bank CRISIL AA- 5.70%


Total 17.83%


Total 1.10%



Total 4.08%

Grand Total 100.00%


RATING PROFILE

76.99%

9.26%

8.57%

5.18%

SOV

CARE AA

CRISIL AA-

Cash & Equivalent

INSTRUMENTS

76.99%

17.83%

1.10%4.08% CENTRAL

GOVERNMENTSECURITIES

BONDS & NCDs





14

31st July, 2015


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




Benchmark CRISIL Short Term Bond Fund Index



Entry Load Nil

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



Above 300 days 53.61%180 to 300 days 0.00%Below 180 days 44.49%





PORTFOLIO


% to Net Assets


Certificate of Deposit**

IDBI Bank Limited CRISIL A1+ 17.44%

Total 17.44%

Commercial Paper**

S.D. Corporation Private Limited

CRISIL A1+ 17.39%

Total 17.39%

BONDS & NCDs


India Infoline Finance Limited CRISIL AA 12.26%


CRISIL AAA 9.09%

Aspire Home Finance Corporation Limited

CRISIL A+ 9.00%


CRISIL AA- 6.25%


CRISIL AAA 6.08%



CRISIL AAA 3.04%


CRISIL AAA 1.21%

Indiabulls Housing Finance Limited

CRISIL AAA 0.60%

Total 53.60%


Total 9.66%



Total 1.91%

Grand Total 100.00%


RATING PROFILE

34.83%

20.02%

12.26%

11.57%

9.00%

6.25%

6.07%

CRISIL A1+

CRISIL AAA

CRISIL AA

Cash & Equivalent

CRISIL A+

CRISIL AA-

CARE AA

INSTRUMENTS

53.60%

9.66%

17.44%

17.39%

1.91%

BONDS & NCDs


Certificate of Deposit

Commercial Paper



* With effect from 3rd august 2015 exit load has been changed$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 and hence, no fresh subscriptions are accepted under this Option# For performance of the Scheme and other funds managed by the said Fund manager, either individually or jointly, please refer page no 19 - 22

15

31st July, 2015


Baroda Pioneer Public Sector Undertaking (PSU) Bond Fund


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

exposure• Investment predominantly in Fixed Income instruments

of Public Sector Undertakings (PSUs) - banks, financialinstitutions & companies.* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


The investment objective is to generate stable returns with lower risk by investing in Fixed Income instruments of Public Sector Undertakings (PSUs) - banks, financial institutions & companies.

FUND DETAILS


Date of Allotment December 24, 2009





Entry Load Nil

Exit Load Nil


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



Above 700 days 79.11%300 to 700 days 0.00%Below 300 days 2.48%


NAV `Plan AGrowth 15.1690Dividend - Monthly 10.1926Dividend - Quarterly 10.2975Plan B - DirectGrowth 15.2712Dividend - Monthly 10.1931Dividend - Quarterly NA



PORTFOLIO


% to Net Assets


8.83% CGL 2023 SOV 24.54%

8.60% SDL 2023 SOV 2.13%

Total 26.67%

BONDS & NCDs



CRISIL AAA 20.65%


CRISIL AAA 15.91%


CRISIL AAA 15.88%

Total 52.44%


Total 2.48%



Total 18.41%

Grand Total 100.00%


RATING PROFILE

52.44%

26.67%

20.89%

CRISIL AAA

SOV

Cash & Equivalent

INSTRUMENTS

52.44%26.67%

18.41%

2.48% BONDS & NCDs

CENTRALGOVERNMENTSECURITIES





16

31st July, 2015


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

$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 and hence, no fresh subscriptions are accepted under this OptionEffective 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 23# 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




Benchmark CRISIL Liquid Fund Index



Entry Load Nil

Exit Load Nil


Options

• Growth • Daily Dividend 1 .Reinvestment • Weekly Dividend 2 .Payout 3 .Reinvestment • Monthly Dividend 1 .Payout 2 .Reinvestment• Quarterly Dividend 1.Payout 2 .Reinvestment• Bonus Option$






PORTFOLIO


% to Net Assets


Certificate of Deposit**Syndicate Bank CRISIL A1+ 4.80%Axis Bank Limited CRISIL A1+ 4.77%Indian Bank CRISIL A1+ 3.82%Andhra Bank CRISIL A1+ 3.44%Corporation Bank CRISIL A1+ 2.40%State Bank of Hyderabad CRISIL A1+ 2.40%Oriental Bank of Commerce CRISIL A1+ 2.34%Bank of India CRISIL A1+ 2.30%IDBI Bank Limited CRISIL A1+ 2.20%Canara Bank CRISIL A1+ 1.14%Kotak Mahindra Bank Limited CRISIL A1+ 0.96%Total 30.57%Commercial Paper**Housing Development Finance Corporation Limited

CRISIL A1+ 4.68%

Edelweiss Commodities Services Limited CRISIL A1+ 4.68%Edelweiss Financial Services Limited CRISIL A1+ 4.67%Indiabulls Housing Finance Limited CRISIL A1+ 4.66%S.D. Corporation Private Limited CRISIL A1+ 2.43%IIFL Realty Limited CRISIL A1+ 2.38%Housing Development Finance Corporation Limited

CRISIL A1+ 2.34%

Shapoorji Pallonji & Company Private Limited

ICRA A1+ 2.29%

S.D. Corporation Private Limited CARE A1+ 2.11%Peninsula Land Limited ICRA A1 2.05%Peninsula Land Limited ICRA A1 1.34%Edelweiss Financial Services Limited CRISIL A1+ 1.20%Edelweiss Commodities Services Limited CRISIL A1+ 1.20%IIFL Realty Limited ICRA A1+ 1.20%Afcons Infrastructure Limited CRISIL A1+ 1.17%Afcons Infrastructure Limited CRISIL A1+ 1.17%Housing Development Finance Corporation Limited

ICRA A1+ 1.17%


ICRA A1+ 1.16%

Small Industries Development Bank of India

CARE A1+ 1.15%


CRISIL A1+ 0.48%

Total 43.53%Treasury BillTBILL 91 DAY 03 Sep 2015 SOV 1.43%Total 1.43%BONDS & NCDsListed / awaiting listing on the stock exchangesIndia Infoline Housing Finance Limited CRISIL AA 2.52%Aspire Home Finance Corporation Limited

CRISIL A+ 2.11%

Piramal Enterprises Limited ICRA AA 1.92%Muthoot Fincorp Limited CRISIL A 1.88%JSW Steel Limited CARE AA 1.81%Power Finance Corporation Limited CRISIL AAA 1.25%Indiabulls Housing Finance Limited CRISIL AAA 1.20%Indiabulls Housing Finance Limited CARE AAA 1.20%Power Finance Corporation Limited CRISIL AAA 1.20%Piramal Enterprises Limited ICRA AA 1.20%Piramal Enterprises Limited CRISIL AA 1.20%India Infoline Housing Finance Limited CRISIL AA 0.97%India Infoline Housing Finance Limited CRISIL AA- 0.65%India Infoline Finance Limited CRISIL AA 0.60%Powergrid Vizag Transmission Limited CRISIL AAA 0.48%Power Finance Corporation Limited CRISIL AAA 0.48%Shriram City Union Finance Limited CRISIL AA- 0.48%Nabha Power Limited CRISIL AAA 0.35%Power Grid Corporation of India Limited CRISIL AAA 0.34%Rural Electrification Corporation Limited CRISIL AAA 0.32%Rural Electrification Corporation Limited CRISIL AAA 0.25%Steel Authority of India Limited CARE AAA 0.24%IDFC Limited CRISIL AAA 0.24%Power Grid Corporation of India Limited CRISIL AAA 0.22%Edelweiss Commodities Services Limited ICRA AA 0.19%Power Finance Corporation Limited CRISIL AAA 0.17%Cholamandalam Investment and Finance Company Limited

ICRA AA 0.15%

NHPC Limited CRISIL AAA 0.13%India Infoline Housing Finance Limited ICRA AA 0.05%Hdb Financial Services Limited CRISIL AAA 0.01%Total 23.81%Fixed DepositKarur Vysya Bank Limited Unrated 1.44%Total 1.44%CBLO / Reverse Repo Investments 0.05%Total 0.05%Cash & Cash Equivalents

PORTFOLIO


% to Net Assets

Net Receivable/Payable -0.83%Total -0.83%Grand Total 100.00%


RATING PROFILE

61.63%

6.64%

5.82%

5.29%

3.51%

3.39%

3.26%

2.11%

1.88%

1.81%

1.44%

1.44%

1.43%

1.13%

-0.78%

CRISIL A1+

CRISIL AAA

ICRA A1+

CRISIL AA

ICRA AA

ICRA A1

CARE A1+

CRISIL A+

CRISIL A

CARE AA

CARE AAA

Unrated

SOV

CRISIL AA-

Cash & Equivalent

INSTRUMENTS

43.53%

30.57%

23.81%

1.44%1.43% 0.05%

-0.83% Commercial Paper


BONDS & NCDs

Fixed Deposit

Treasury Bill

CBLO / Reverse RepoInvestmentsCash & CashEquivalents


NAV `RegularGrowth 1618.0291Dividend - Daily 1002.7120Dividend - Weekly 1002.6713Dividend - Monthly 1003.6843Dividend - Quarterly 1098.6556Plan ABonus 1636.9448Growth 1642.4882Dividend - Daily 1026.7462Dividend - Weekly 1023.0546Dividend - Monthly 1003.9059Dividend - Quarterly

Plan B - DirectBonus 1653.8182Growth 1653.9644Dividend - Daily 1008.1286Dividend - Weekly 1002.8774Dividend - Monthly 1006.0377Dividend - Quarterly 1019.9442

1016.4821


17

31st July, 2015


[ICRA] A1+ mfs*Baroda Pioneer Liquid Fund

$ The Bonus Option in the Schemes has been discontinued effective June 08, 2015 and hence, no fresh subscriptions are accepted under this OptionEffective 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 23# 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

Nature of Scheme An Open Ended Liquid Scheme

Date of Allotment February 5, 2009


Benchmark CRISIL Liquid Fund Index



Entry Load Nil

Exit Load Nil


Options • Growth• Daily Dividend 1.Reinvestment• Weekly Dividend 2.Payout 3.Reinvestment• Bonus Option$






PORTFOLIO


% to Net Assets


Certificate of Deposit**Syndicate Bank CRISIL A1+ 10.89%

Corporation Bank CRISIL A1+ 5.91%

Indusind Bank Limited CRISIL A1+ 5.88%

Indian Bank CRISIL A1+ 4.33%

IDBI Bank Limited CRISIL A1+ 3.94%

Axis Bank Limited CRISIL A1+ 3.85%

Corporation Bank CRISIL A1+ 0.98%

Dena Bank CRISIL A1+ 0.49%

Kotak Mahindra Bank Limited CRISIL A1+ 0.40%

Total 36.67%

Commercial Paper**Housing Development Finance Corporation Limited

CRISIL A1+ 5.84%

Indiabulls Housing Finance Limited CRISIL A1+ 3.93%Indiabulls Commercial CreditLimited

CRISIL A1+ 2.95%

Indiabulls Finance Company Private Limited

CRISIL A1+ 2.95%

Power Finance Corporation Limited CRISIL A1+ 2.95%National Bank for Agriculture & Rural Development

CRISIL A1+ 1.97%

Reliance Home Finance Limited CRISIL A1+ 1.97%Edelweiss Financial Services Limited CRISIL A1+ 1.97%Edelweiss Commodities Services Limited

CRISIL A1+ 1.97%


CRISIL A1+ 1.78%

Edelweiss Commodities Services Limited

CRISIL A1+ 0.99%

Edelweiss Financial Services Limited CRISIL A1+ 0.99%Edelweiss Commodities Services Limited

CRISIL A1+ 0.89%

Bilt Graphic Paper Products Limited IND A1+ 0.89%

Total 32.04%

Treasury Bill

TBILL 91 DAY 03 Sep 2015 SOV 5.91%

TBILL 91 DAY 20 Aug 2015 SOV 4.41%





Total 18.81%

Fixed Deposit

Indusind Bank Limited Unrated 3.96%

Yes Bank Limited Unrated 1.98%

The South Indian Bank Limited Unrated 1.98%

Karur Vysya Bank Limited Unrated 1.98%

Karur Vysya Bank Limited Unrated 1.39%

The Ratnakar Bank Limited Unrated 0.99%

Total 12.28%

CBLO /Reverse Repo investments 0.01%

Total 0.01%



Total 0.19%

Grand Total 100.00%


RATING PROFILE

67.82%

18.81%

12.28%

0.89%

0.20%

CRISIL A1+

SOV

Unrated

IND A1+

Cash & Equivalent

INSTRUMENTS

36.67%

32.04%

18.81%

12.28%

0.19%0.01%


Commercial Paper

Treasury Bill

Fixed Deposit




NAV `RegularGrowth 2454.8477Dividend 2103.2306Dividend - Daily 1006.0600Plan ABonus 1639.8047Growth 1646.8100Dividend - Daily 1001.1191Dividend - Weekly 1000.9236Dividend - Monthly -Plan B - DirectGrowth 1650.3624Dividend - Daily 1001.1191Dividend - Weekly 1198.7115Bonus 1650.6450

An Open Ended Liquid Scheme

18

31st July, 2015


Investment Performance

Funds Managed by Mr. Dipak Acharya

Date Of Inception: 12/09/2003 Jun 2014 - Jun 2015&

Jun 2013- Jun 2014&

Jun 2012 - Jun 2013&

Since Inception@Scheme Name & Benchmark

Nav Per Unit (`) 66.56 47.68 45.07 10.00

Baroda Pioneer Growth Fund (in %)^ 17.23 39.60 5.79 19.01

CNX 100 (Scheme Benchmark) (in %) 11.49 31.98 11.19 17.10

CNX Nifty (Standard Benchmark) (in %)$ 9.95 30.28 10.67 16.55

` 10,000, if invested in BPGF, would have become NA NA NA `78,030

` 10,000, if invested in CNX 100, would have become NA NA NA `64,450

` 10,000, if invested in CNX Nifty, would have become NA NA NA `60,990

^Past performance may or may not be sustained in the future.Data is for Growth Option and the last working day of June 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.


Jun 2013- Jun 2014&

Jun 2012 - Jun 2013&


Nav Per Unit (`) 28.45 21.82 21.57 10.00

Baroda Pioneer ELSS’ 96 Fund (in %)^ 15.31 40.93 7.41 13.31

S&P BSE Sensex (Scheme Benchmark) (in %) 9.31 31.03 11.28 11.58


`10,000, if invested in BPELSS’96F, would have become NA NA NA `1,11,053

`10,000, if invested in S&P BSE Sensex, would have become NA NA NA `82,519

`10,000, if invested in CNX Nifty, would have become NA NA NA `84,934

^Past performance may or may not be sustained in the future.Data is for Dividend Option and the last working day of June 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.


Jun 2013- Jun 2014&

Jun 2012 - Jun 2013&


Nav Per Unit (`) 38.86 29.76 27.31 10.00

Baroda Pioneer Balance Fund (in %)^ 10.81 30.58 8.97 13.16

CRISIL Balanced Fund Index (Scheme Benchmark) (in %) 8.78 21.01 10.90 13.09


`10,000, if invested in BPBF, would have become NA NA NA `43,060

`10,000, if invested in CRISIL Balanced Fund Index, would have become NA NA NA `42,749




Jun 2013- Jun 2014&

Jun 2012 - Jun 2013&


Nav Per Unit (`) 13.62 10.83 10.04 10.00

Baroda Pioneer Banking and Financial Services Fund (in %)^ 17.40 25.76 7.87 16.80

CNX BANK INDEX (Scheme Benchmark) (in %) 20.04 31.20 12.35 21.97


`10,000, if invested in BPBFSF, would have become NA NA NA `15,990

`10,000, if invested in CNX BANK INDEX, would have become NA NA NA `18,226



19

31st July, 2015



Funds Managed by Mr. Dipak Acharya


Jun 2013- Jun 2014&

Jun 2012 - Jun 2013&


Nav Per Unit (`) 11.27 6.93 7.46 10.00

Baroda Pioneer Infrastructure Fund (in %)^ 3.90 62.63 -7.10 3.19

CNX Infra (Scheme Benchmark) (in %) -3.51 49.55 -6.65 -0.70


`10,000, if invested in BPIF, would have become NA NA NA `11,710

`10,000, if invested in CNX Infra, would have become NA NA NA `9,651


^Past performance may or may not be sustained in the future.Data is for Growth Option and the last working day of June 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.


Jun 2013- Jun 2014&

Jun 2012 - Jun 2013&


Nav Per Unit (`) 9.20 6.28 7.21 10.00

Baroda Pioneer PSU Equity Fund (in %)^ -8.80 46.50 -12.90 -3.64

S&P BSE PSU (Scheme Benchmark) (in %) -11.53 40.09 -15.09 -6.54


`10,000, if invested in BPPSUEF, would have become NA NA NA `8,390

`10,000, if invested in S&P BSE PSU, would have become NA NA NA `7,256




Jun 2013- Jun 2014&

Jun 2012 - Jun 2013&


Nav Per Unit (`) 13.89 13.05 11.80 10.00

Baroda Pioneer PSU Bond Fund (in %)^ 8.31 6.41 10.59 7.68

CRISIL Composite Bond Fund Index (Scheme Benchmark) (in %) 11.10 4.60 10.72 7.73

CRISIL 10 Year Gilt Index (Standard Benchmark) (in %)$ 11.76 -2.47 12.10 5.62

`10,000, if invested in BPPSUBF, would have become NA NA NA `15,042

`10,000, if invested in CRISIL Composite Bond Fund Index, would have become NA NA NA `15,079

`10,000, if invested in CRISIL 10 Year Gilt Index, would have become NA NA NA `13,522



Jun 2013- Jun 2014&

Jun 2012 - Jun 2013&


Nav Per Unit (`) 13.53 12.55 11.45 10.00

Baroda Pioneer Short Term Bond Fund (in %)^ 9.41 7.83 9.59 8.15

CRISIL Short Term Bond Fund Index (Scheme Benchmark) (in %) 9.56 8.81 9.30 8.40


`10,000, if invested in BPSTBF, would have become NA NA NA `14,801

`10,000, if invested in CRISIL Short Term Bond Fund Index, would have become NA NA NA `14,970



Funds Managed by Mr. Alok Sahoo, Ms Hetal Shah

20

31st July, 2015



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


Jun 2013- Jun 2014&

Jun 2012 - Jun 2013&


Nav Per Unit (`) 1503.27 1372.34 1259.52 1000.00

Baroda Pioneer Liquid Fund (in %)^ 8.82 9.54 8.96 7.99

CRISIL Liquid Fund Index (Scheme Benchmark) (in %) 8.77 9.68 8.12 7.53

CRISIL 1 year T-Bill (Standard Benchmark) (in%)$ 8.54 5.93 8.17 5.95

`10,000, if invested in BPLF, would have become NA NA NA `16,358

`10,000, if invested in CRISIL Liquid Fund Index, would have become NA NA NA `15,911

`10,000, if invested in CRISIL 1 year T-Bill, would have become NA NA NA `14,472



Jun 2013- Jun 2014&

Jun 2012 - Jun 2013&


Nav Per Unit (`) 1491.04 1362.95 1245.91 1000.00

Baroda Pioneer Treasury Advantage Fund (in %)^ 9.27 9.40 9.39 8.45

CRISIL Liquid Fund Index (Scheme Benchmark) (in %) 8.77 9.68 8.12 7.58

CRISIL 1 year T-Bill (Standard Benchmark) (in %)$ 8.54 5.93 8.17 6.10

`10,000, if invested in BPTAF, would have become NA NA NA `16,293

`10,000, if invested in CRISIL Liquid Fund Index, would have become NA NA NA `15,527

`10,000, if invested CRISIL 1 year T-Bill, would have become NA NA NA `14,279

^Past performance may or may not be sustained in the future.Data is for Growth Option and the last working day of June 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 `1000 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.

Date of Inception: 30/06/2012 Jun 2014 - Jun 2015&

Jun 2013- Jun 2014&

Jun 2012 - Jun 2013&


Nav Per Unit (`) 11.63 11.12 10.00 10.00

Baroda Pioneer Dynamic Bond Fund (in %)^ 12.13 4.65 11.16 9.26


CRISIL 1 year T-Bill (Standard Benchmark) (in %)$ 8.54 5.93 8.17 7.54

`10,000, if invested in BPDBF, would have become NA NA NA `13,044


`10,000, if invested CRISIL 1 year T-Bill, would have become NA NA NA `12,437



Jun 2013- Jun 2014&

Jun 2012 - Jun 2013&


Nav Per Unit (`) 16.89 15.02 13.88 10.00

Baroda Pioneer Monthly Income Plan (MIP) Fund (in %)^* 10.68 12.44 8.23 5.96

CRISIL MIP Blended Index (Scheme Benchmark) (in %) 11.05 8.28 10.83 8.34


`10,000, if invested in BPMIPF, would have become NA NA NA `18,693

`10,000, if invested in CRISIL MIP Blended Index, would have become NA NA NA `23,791


^Past performance may or may not be sustained in the future.Data is for Growth Option and the last working day of June 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 in-ception. &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.

Funds Managed by Ms. Hetal Shah

21

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

31st July, 2015



Funds Managed by Ms. Hetal Shah


Jun 2013- Jun 2014&

Jun 2012 - Jun 2013&


Nav Per Unit (`) 19.71 18.80 17.11 10.00

Baroda Pioneer Gilt Fund (in %)^ 11.65 4.81 9.92 6.12

I-Sec Mi-BEX (Scheme Benchmark) (in %) 11.42 6.58 9.29 7.50

CRISIL 10 Year Gilt Index (Standard Benchmark)$ 11.76 -2.47 12.10 6.34

`10,000, if invested in BPGF, would have become NA NA NA `22,003

`10,000, if invested in I-Sec Mi-BEX, would have become NA NA NA `26,121




Jun 2013- Jun 2014&

Jun 2012 - Jun 2013&


Nav Per Unit (`) 19.76 19.06 17.24 10.00

Baroda Pioneer Income Fund (in %)^ 10.40 3.72 10.54 6.05



`10,000, if invested in BPIF, would have become NA NA NA `21,821




Disclaimer CNX Bank Index: The Baroda Pioneer Banking and Financial Services Fund offered by Baroda Pioneer Mutual Fund or its affilates 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) to the owners of Baroda Pioneer Banking and Financial Services

Fund or any member of the public regarding the advisability of investing in securities generally or in the Baroda Pioneer Banking and Financial Services Fund linked

to CNX Bank Index or particularly in the ability of the CNX Bank Index to track general stock market performance in India. Please read the full disclaimers in relation

to the CNX Bank Index in the Offer Document/ Prospectus / Information Statement.

Disclaimer CNX100: Baroda Pioneer Growth Fund is 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, to the owners of Baroda Pioneer Growth Fund or any member of the public regarding the advisability

of investing in securities generally or in Baroda Pioneer Growth Fund particularly or the ability of the CNX 100 Index to track general stock market performance

in India. The relationship of IISL to the Issuer is only in respect of the licensing of certain trademarks and trade names of its Index, which is determined, composed

and calculated by IISL without regard to the Issuer or Baroda Pioneer Growth Fund. IISL does not have any obligation to take the needs of the Issuer or the owners

of Baroda Pioneer Growth Fund into consideration in determining, composing or calculating the CNX 100 Index. IISL is not responsible for nor has participated in

the determination of the timing of, prices at, or quantities of Baroda Pioneer Growth Fund to be issued or in the determination or calculation of the equation by

which Baroda pioneer Growth Fund is to be converted into cash. IISL has no obligation or liability in connection with the administration, marketing or trading of

Baroda Pioneer Growth Fund.

Disclaimer CNX Infra: Baroda Pioneer Infrastructure Fund 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 merchantability or fitness for

particular purpose or use) and disclaims all liability to the owners of Baroda Pioneer Infrastructure Fund or any member of the public regarding the advisability of

investing in securities generally or in the Baroda Pioneer Infrastructure Fund linked to CNX Infra or particularly in the ability of the CNX Infra index to track general

stock market performance in India. Please read the full disclaimers in relation to CNX Infra in the Offer Document / Prospectus / Information Statement.

*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.

Mutual fund investments are subject to market risks,read all scheme related documents carefully.

22

31st July, 2015

BARODA PIONEER MUTUAL FUND23

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 [email protected] 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/

31st July, 2015


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

Contact Points:Toll Free Number: 1-800-419 0911 | Email: [email protected] | Website:www.barodapioneer.in

Registered 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 3539

24

Documents

Factsheetbarodamf.com/Downloads/LatestFactsheetandPortfolios/Baroda Pio… · restricting an increase in overall CPI inflation in June 2015. The inflation rate for rural area was