iSIF Active Asset Allocator

• 2026-10 Direct Growth return -0.02%, observed from 2026-09-30 to 2026-10-16 (month to date). [nav]
• Since first published NAV: +3.00% at 2026-10-16. [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 -1.46%, observed from 2026-08-31 to 2026-09-30. [nav]
• Since first published NAV: +3.02% at 2026-09-30. [nav]
• Portfolio captured as of 2026-09-30; 139 position lines; capture partial. Original AMC publication date is not provided by this history source. [portfolio]
• Disclosed long cash equity: +44.65% of assets at 2026-09-30; not net market exposure. [portfolio]
• Life Insurance Corporation of India: reported closing weight +5.00% at 2026-09-30. [portfolio]
• HDFC Bank Ltd.: reported closing weight +3.81% at 2026-09-30. [portfolio]
• Reliance Industries Ltd.: reported closing weight +3.53% at 2026-09-30. [portfolio]
• Mahindra & Mahindra Ltd.: reported closing weight +3.26% at 2026-09-30. [portfolio]
• Axis Bank Ltd.: reported closing weight +1.57% 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]
• Cash + short futures (possible): Cash shares and short futures share an underlying. This can indicate arbitrage or a hedge; quantities, contract terms and manager commentary are needed to establish the matched strategy. [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: 2026-08-31 to 2026-09-30. This is not necessarily one month. Weight changes do not prove trades. [portfolio] [previous]
• Reliance Industries Ltd.: Weight changed; +1.95% to +3.53% across that disclosure interval. [portfolio] [previous]
• Life Insurance Corporation of India: Weight changed; +6.15% to +5.00% across that disclosure interval. [portfolio] [previous]
• Mahindra & Mahindra Ltd.: Weight changed; +4.22% to +3.26% across that disclosure interval. [portfolio] [previous]
• HDFC Bank Ltd.: Weight changed; +3.26% to +3.81% across that disclosure interval. [portfolio] [previous]
• Bajaj Finserv Ltd.: Weight changed; +1.77% to +1.30% 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 2026-08-31 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 +1.32%, observed from 2026-07-31 to 2026-08-31. [nav]
• Since first published NAV: +4.55% at 2026-08-31. [nav]
• Portfolio captured as of 2026-08-31; 400 position lines; capture parsed. Original AMC publication date is not provided by this history source. [portfolio]
• Disclosed long cash equity: +53.99% of assets at 2026-08-31; not net market exposure. [portfolio]
• Life Insurance Corporation of India: reported closing weight +6.15% at 2026-08-31. [portfolio]
• Mahindra & Mahindra Ltd.: reported closing weight +4.22% at 2026-08-31. [portfolio]
• HDFC Bank Ltd.: reported closing weight +3.26% at 2026-08-31. [portfolio]
• Reliance Industries Ltd.: reported closing weight +1.95% at 2026-08-31. [portfolio]
• Axis Bank Ltd.: reported closing weight +1.93% at 2026-08-31. [portfolio]
• Disclosed hedging (reported): The AMC labels these positions as hedging. The disclosure does not measure how much downside they protected. [portfolio]
• Cash + short futures (possible): Cash shares and short futures share an underlying. This can indicate arbitrage or a hedge; quantities, contract terms and manager commentary are needed to establish the matched strategy. [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: 2026-07-31 to 2026-08-31. This is not necessarily one month. Weight changes do not prove trades. [portfolio] [previous]
• Life Insurance Corporation of India: Newly disclosed; not captured to +6.15% across that disclosure interval. [portfolio] [previous]
• Hero Motocorp Ltd.: No longer disclosed; +2.71% to not captured across that disclosure interval. [portfolio] [previous]
• Axis Bank Ltd.: Newly disclosed; not captured to +1.93% across that disclosure interval. [portfolio] [previous]
• State Bank Of India: Weight changed; +3.39% to +1.72% across that disclosure interval. [portfolio] [previous]
• Avenue Supermarts Ltd.: Newly disclosed; not captured to +1.64% across that disclosure interval. [portfolio] [previous]

All captured positions · 2026-08-31

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

Changes between 2026-07-31 and 2026-08-31

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.

• 2026-07 Direct Growth return +2.30%, observed from 2026-06-30 to 2026-07-31. [nav]
• Since first published NAV: +3.19% at 2026-07-31. [nav]
• Portfolio captured as of 2026-07-31; 338 position lines; capture parsed. Original AMC publication date is not provided by this history source. [portfolio]
• Disclosed long cash equity: +53.74% of assets at 2026-07-31; not net market exposure. [portfolio]
• Mahindra & Mahindra Ltd.: reported closing weight +5.67% at 2026-07-31. [portfolio]
• State Bank Of India: reported closing weight +3.39% at 2026-07-31. [portfolio]
• HDFC Bank Ltd.: reported closing weight +3.11% at 2026-07-31. [portfolio]
• Reliance Industries Ltd.: reported closing weight +3.02% at 2026-07-31. [portfolio]
• Hero Motocorp Ltd.: reported closing weight +2.71% at 2026-07-31. [portfolio]
• Disclosed hedging (reported): The AMC labels these positions as hedging. The disclosure does not measure how much downside they protected. [portfolio]
• Cash + short futures (possible): Cash shares and short futures share an underlying. This can indicate arbitrage or a hedge; quantities, contract terms and manager commentary are needed to establish the matched strategy. [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: 2026-06-30 to 2026-07-31. This is not necessarily one month. Weight changes do not prove trades. [portfolio] [previous]
• ICICI Bank Ltd.: Newly disclosed; not captured to +2.38% across that disclosure interval. [portfolio] [previous]
• State Bank Of India: Weight changed; +1.44% to +3.39% across that disclosure interval. [portfolio] [previous]
• Mahindra & Mahindra Ltd.: Weight changed; +3.81% to +5.67% across that disclosure interval. [portfolio] [previous]
• Apollo Hospitals Enterprise Ltd.: Newly disclosed; not captured to +1.77% across that disclosure interval. [portfolio] [previous]
• Wipro Ltd.: No longer disclosed; +1.68% to not captured 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 2026-06-30 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.

* 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 +0.87%, observed from 2026-06-08 to 2026-06-30 (partial first month). [nav]
• Since first published NAV: +0.87% at 2026-06-30. [nav]
• Portfolio captured as of 2026-06-30; 312 position lines; capture parsed. Original AMC publication date is not provided by this history source. [portfolio]
• Disclosed long cash equity: +38.67% of assets at 2026-06-30; not net market exposure. [portfolio]
• Mahindra & Mahindra Ltd.: reported closing weight +3.81% at 2026-06-30. [portfolio]
• Reliance Industries Ltd.: reported closing weight +3.27% at 2026-06-30. [portfolio]
• Hindustan Unilever Ltd.: reported closing weight +2.70% at 2026-06-30. [portfolio]
• HDFC Bank Ltd.: reported closing weight +2.69% at 2026-06-30. [portfolio]
• Hero Motocorp Ltd.: reported closing weight +2.62% at 2026-06-30. [portfolio]
• Disclosed hedging (reported): The AMC labels these positions as hedging. The disclosure does not measure how much downside they protected. [portfolio]
• Cash + short futures (possible): Cash shares and short futures share an underlying. This can indicate arbitrage or a hedge; quantities, contract terms and manager commentary are needed to establish the matched strategy. [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]

All captured positions · 2026-06-30

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