Dyna Active Asset Allocator

• 2026-10 Direct Growth return -0.32%, observed from 2026-09-30 to 2026-10-19 (month to date). [nav]
• Since first published NAV: +4.33% at 2026-10-19. [nav]
• No monthly portfolio captured for 2026-10. Last stored monthly disclosure is 2026-09-30; it is not this month's portfolio.

Interpretation limits

• Holdings provide positioning evidence, not a measured return contribution. Trading, derivatives, flows, fees and valuation changes can also affect NAV.
• A missing stored capture does not establish that the AMC failed to disclose it.

* Since first published NAV. NAV returns are absolute, not annualised. Monthly returns use actual observed boundaries; cumulative returns use the stated baseline and are not a sum of rounded monthly returns.

• 2026-09 Direct Growth return -0.78%, observed from 2026-08-31 to 2026-09-30. [nav]
• Since first published NAV: +4.66% at 2026-09-30. [nav]
• Portfolio captured as of 2026-09-30; 75 position lines; capture partial. Original AMC publication date is not provided by this history source. [portfolio]
• Disclosed long cash equity: +34.42% of assets at 2026-09-30; not net market exposure. [portfolio]
• Knowledge Realty Trust: reported closing weight +4.94% at 2026-09-30. [portfolio]
• National Highways Infra Trust: reported closing weight +3.73% at 2026-09-30. [portfolio]
• Bharti Airtel Limited: reported closing weight +2.36% at 2026-09-30. [portfolio]
• Vertis Infrastructure Trust: reported closing weight +2.21% at 2026-09-30. [portfolio]
• Capital Infra Trust: reported closing weight +2.12% at 2026-09-30. [portfolio]
• Disclosed hedging (reported): The AMC labels these positions as hedging. The disclosure does not measure how much downside they protected. [portfolio]
• Portfolio comparison interval: 2026-07-31 to 2026-09-30. This is not necessarily one month. Weight changes do not prove trades. [portfolio] [previous]
• Knowledge Realty Trust: Weight changed; +3.00% to +4.94% across that disclosure interval. [portfolio] [previous]
• Capital Infra Trust: Weight changed; +3.59% to +2.12% across that disclosure interval. [portfolio] [previous]
• National Highways Infra Trust: Weight changed; +5.18% to +3.73% across that disclosure interval. [portfolio] [previous]
• Altius Telecom Infrastructure Trust: Weight changed; +3.19% to +1.90% across that disclosure interval. [portfolio] [previous]
• Bharti Airtel Limited: Weight changed; +1.56% to +2.36% across that disclosure interval. [portfolio] [previous]

All captured positions · 2026-09-30

Reported weights retain their source basis. Do not add derivative valuations to equity exposure.

Changes between 2026-07-31 and 2026-09-30

Interpretation limits

• Holdings provide positioning evidence, not a measured return contribution. Trading, derivatives, flows, fees and valuation changes can also affect NAV.
• At least one compared capture is partial. Missing rows cannot establish purchases or exits.
• Linked research was published after this month. It is retrospective evidence, not information known during the month.

* Since first published NAV. NAV returns are absolute, not annualised. Monthly returns use actual observed boundaries; cumulative returns use the stated baseline and are not a sum of rounded monthly returns.

• 2026-08 Direct Growth return +1.28%, observed from 2026-07-31 to 2026-08-31. [nav]
• Since first published NAV: +5.48% at 2026-08-31. [nav]
• No monthly portfolio captured for 2026-08. Last stored monthly disclosure is 2026-07-31; it is not this month's portfolio.

Interpretation limits

• Holdings provide positioning evidence, not a measured return contribution. Trading, derivatives, flows, fees and valuation changes can also affect NAV.
• A missing stored capture does not establish that the AMC failed to disclose it.

* Since first published NAV. NAV returns are absolute, not annualised. Monthly returns use actual observed boundaries; cumulative returns use the stated baseline and are not a sum of rounded monthly returns.

• 2026-07 Direct Growth return +1.00%, observed from 2026-06-30 to 2026-07-31. [nav]
• Since first published NAV: +4.15% at 2026-07-31. [nav]
• Portfolio captured as of 2026-07-31; 77 position lines; capture parsed. Original AMC publication date is not provided by this history source. [portfolio]
• Disclosed long cash equity: +48.63% of assets at 2026-07-31; not net market exposure. [portfolio]
• National Highways Infra Trust: reported closing weight +5.18% at 2026-07-31. [portfolio]
• Embassy Office Parks REIT: reported closing weight +4.57% at 2026-07-31. [portfolio]
• Bagmane Prime Office REIT: reported closing weight +3.64% at 2026-07-31. [portfolio]
• Capital Infra Trust: reported closing weight +3.59% at 2026-07-31. [portfolio]
• Brookfield India Real Estate Trust: reported closing weight +3.26% at 2026-07-31. [portfolio]
• Potential covered calls (possible): A sold call appears alongside shares in the same company. Coverage and the capped upside need contract-size and quantity verification. [portfolio]
• Portfolio comparison interval: 2026-05-31 to 2026-07-31. This is not necessarily one month. Weight changes do not prove trades. [portfolio] [previous]
• National Highways Infra Trust: Newly disclosed; not captured to +5.18% across that disclosure interval. [portfolio] [previous]
• Bagmane Prime Office REIT: Newly disclosed; not captured to +3.64% across that disclosure interval. [portfolio] [previous]
• Capital Infra Trust: Newly disclosed; not captured to +3.59% across that disclosure interval. [portfolio] [previous]
• Brookfield India Real Estate Trust: Newly disclosed; not captured to +3.26% across that disclosure interval. [portfolio] [previous]
• Altius Telecom Infrastructure Trust: Newly disclosed; not captured to +3.19% across that disclosure interval. [portfolio] [previous]

All captured positions · 2026-07-31

Reported weights retain their source basis. Do not add derivative valuations to equity exposure.

Changes between 2026-05-31 and 2026-07-31

Interpretation limits

• Holdings provide positioning evidence, not a measured return contribution. Trading, derivatives, flows, fees and valuation changes can also affect NAV.
• Linked research was published after this month. It is retrospective evidence, not information known during the month.

* Since first published NAV. NAV returns are absolute, not annualised. Monthly returns use actual observed boundaries; cumulative returns use the stated baseline and are not a sum of rounded monthly returns.

• 2026-06 Direct Growth return +1.47%, observed from 2026-05-29 to 2026-06-30. [nav]
• Since first published NAV: +3.12% at 2026-06-30. [nav]
• No monthly portfolio captured for 2026-06. Last stored monthly disclosure is 2026-05-31; it is not this month's portfolio.

Interpretation limits

• Holdings provide positioning evidence, not a measured return contribution. Trading, derivatives, flows, fees and valuation changes can also affect NAV.
• A missing stored capture does not establish that the AMC failed to disclose it.

* Since first published NAV. NAV returns are absolute, not annualised. Monthly returns use actual observed boundaries; cumulative returns use the stated baseline and are not a sum of rounded monthly returns.

• 2026-05 Direct Growth return +0.58%, observed from 2026-04-30 to 2026-05-29. [nav]
• Since first published NAV: +1.62% at 2026-05-29. [nav]
• Portfolio captured as of 2026-05-31; 79 position lines; capture parsed. Original AMC publication date is not provided by this history source. [portfolio]
• Disclosed long cash equity: +25.39% of assets at 2026-05-31; not net market exposure. [portfolio]
• Embassy Office Parks REIT: reported closing weight +1.62% at 2026-05-31. [portfolio]
• Bharti Airtel Limited: reported closing weight +1.41% at 2026-05-31. [portfolio]
• Adani Ports and Special Economic Zone Limited: reported closing weight +1.39% at 2026-05-31. [portfolio]
• Tata Steel Limited: reported closing weight +1.34% at 2026-05-31. [portfolio]
• Netweb Technologies India Limited: reported closing weight +1.20% at 2026-05-31. [portfolio]
• Portfolio comparison interval: 2026-03-31 to 2026-05-31. This is not necessarily one month. Weight changes do not prove trades. [portfolio] [previous]
• Embassy Office Parks REIT: Newly disclosed; not captured to +1.62% across that disclosure interval. [portfolio] [previous]
• Bharti Airtel Limited: Newly disclosed; not captured to +1.41% across that disclosure interval. [portfolio] [previous]
• Adani Ports and Special Economic Zone Limited: Newly disclosed; not captured to +1.39% across that disclosure interval. [portfolio] [previous]
• Tata Steel Limited: Newly disclosed; not captured to +1.34% across that disclosure interval. [portfolio] [previous]
• Netweb Technologies India Limited: Newly disclosed; not captured to +1.20% across that disclosure interval. [portfolio] [previous]

All captured positions · 2026-05-31

Reported weights retain their source basis. Do not add derivative valuations to equity exposure.

Changes between 2026-03-31 and 2026-05-31

Interpretation limits

• Holdings provide positioning evidence, not a measured return contribution. Trading, derivatives, flows, fees and valuation changes can also affect NAV.

* Since first published NAV. NAV returns are absolute, not annualised. Monthly returns use actual observed boundaries; cumulative returns use the stated baseline and are not a sum of rounded monthly returns.

• 2026-04 Direct Growth return +1.02%, observed from 2026-03-31 to 2026-04-30. [nav]
• Since first published NAV: +1.03% at 2026-04-30. [nav]
• No monthly portfolio captured for 2026-04. Last stored monthly disclosure is 2026-03-31; it is not this month's portfolio.

Interpretation limits

• Holdings provide positioning evidence, not a measured return contribution. Trading, derivatives, flows, fees and valuation changes can also affect NAV.
• A missing stored capture does not establish that the AMC failed to disclose it.

* Since first published NAV. NAV returns are absolute, not annualised. Monthly returns use actual observed boundaries; cumulative returns use the stated baseline and are not a sum of rounded monthly returns.

• 2026-03 Direct Growth return +0.01%, observed from 2026-03-30 to 2026-03-31 (partial first month). [nav]
• Since first published NAV: +0.01% at 2026-03-31. [nav]
• Portfolio captured as of 2026-03-31; 7 position lines; capture parsed. Original AMC publication date is not provided by this history source. [portfolio]

All captured positions · 2026-03-31

Reported weights retain their source basis. Do not add derivative valuations to equity exposure.

Interpretation limits

• Holdings provide positioning evidence, not a measured return contribution. Trading, derivatives, flows, fees and valuation changes can also affect NAV.

* Since first published NAV. NAV returns are absolute, not annualised. Monthly returns use actual observed boundaries; cumulative returns use the stated baseline and are not a sum of rounded monthly returns.