Titanium Equity Long-Short

• 2026-10 Direct Growth return +0.06%, observed from 2026-09-30 to 2026-10-19 (month to date). [nav]
• Since first published NAV: +2.17% 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 -3.68%, observed from 2026-08-31 to 2026-09-30. [nav]
• Since first published NAV: +2.11% at 2026-09-30. [nav]
• Portfolio captured as of 2026-09-30; 93 position lines; capture partial. Original AMC publication date is not provided by this history source. [portfolio]
• Disclosed long cash equity: +84.59% of assets at 2026-09-30; not net market exposure. [portfolio]
• HDFC BANK LTD.: reported closing weight +5.26% at 2026-09-30. [portfolio]
• AXIS BANK LTD.: reported closing weight +3.03% at 2026-09-30. [portfolio]
• ICICI BANK LTD.: reported closing weight +2.88% at 2026-09-30. [portfolio]
• NTPC Ltd.: reported closing weight +2.63% at 2026-09-30. [portfolio]
• RELIANCE INDUSTRIES LTD.: reported closing weight +2.59% at 2026-09-30. [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]
• Portfolio comparison interval: 2026-07-31 to 2026-09-30. This is not necessarily one month. Weight changes do not prove trades. [portfolio] [previous]
• GLAXO SMITHKLINE PHARMA: Weight changed; +1.93% to +0.49% across that disclosure interval. [portfolio] [previous]
• SHRIRAM FINANCE LTD.: Weight changed; +1.33% to +0.06% across that disclosure interval. [portfolio] [previous]
• MAHINDRA & MAHINDRA LTD.: Weight changed; +3.58% to +2.49% across that disclosure interval. [portfolio] [previous]
• ICICI BANK LTD.: Weight changed; +3.91% to +2.88% across that disclosure interval. [portfolio] [previous]
• AXIS BANK LTD.: Weight changed; +2.01% to +3.03% 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 +1.44%, observed from 2026-07-31 to 2026-08-31. [nav]
• Since first published NAV: +6.01% 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 +3.37%, observed from 2026-06-30 to 2026-07-31. [nav]
• Since first published NAV: +4.50% at 2026-07-31. [nav]
• Portfolio captured as of 2026-07-31; 81 position lines; capture partial. Original AMC publication date is not provided by this history source. [portfolio]
• Disclosed long cash equity: +82.87% of assets at 2026-07-31; not net market exposure. [portfolio]
• HDFC BANK LTD.: reported closing weight +5.97% at 2026-07-31. [portfolio]
• ICICI BANK LTD.: reported closing weight +3.91% at 2026-07-31. [portfolio]
• MAHINDRA & MAHINDRA LTD.: reported closing weight +3.58% at 2026-07-31. [portfolio]
• RELIANCE INDUSTRIES LTD.: reported closing weight +3.08% at 2026-07-31. [portfolio]
• NTPC Ltd.: reported closing weight +2.77% 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]
• Portfolio comparison interval: 2026-06-30 to 2026-07-31. This is not necessarily one month. Weight changes do not prove trades. [portfolio] [previous]
• RELIANCE INDUSTRIES LTD.: Weight changed; +2.18% to +3.08% across that disclosure interval. [portfolio] [previous]
• ICICI BANK LTD.: Weight changed; +4.34% to +3.91% across that disclosure interval. [portfolio] [previous]
• BHARTI AIRTEL LTD.: Weight changed; +2.96% to +2.72% across that disclosure interval. [portfolio] [previous]
• NTPC Ltd.: Weight changed; +2.55% to +2.77% across that disclosure interval. [portfolio] [previous]
• ULTRATECH CEMENT LTD.: Weight changed; +2.37% to +2.16% 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.
• At least one compared capture is partial. Missing rows cannot establish purchases or exits.

* 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 +1.28%, observed from 2026-05-29 to 2026-06-30. [nav]
• Since first published NAV: +1.09% at 2026-06-30. [nav]
• Portfolio captured as of 2026-06-30; 10 position lines; capture partial. Original AMC publication date is not provided by this history source. [portfolio]
• Disclosed long cash equity: +79.60% of assets at 2026-06-30; not net market exposure. [portfolio]
• HDFC Bank Ltd.: reported closing weight +5.88% at 2026-06-30. [portfolio]
• ICICI Bank Ltd.: reported closing weight +4.34% at 2026-06-30. [portfolio]
• Mahindra & Mahindra Ltd.: reported closing weight +3.75% at 2026-06-30. [portfolio]
• Bharti Airtel Ltd.: reported closing weight +2.96% at 2026-06-30. [portfolio]
• NTPC Ltd.: reported closing weight +2.55% at 2026-06-30. [portfolio]
• Portfolio comparison interval: 2026-05-31 to 2026-06-30. This is not necessarily one month. Weight changes do not prove trades. [portfolio] [previous]
• Bharti Airtel Ltd.: Weight changed; +1.32% to +2.96% across that disclosure interval. [portfolio] [previous]
• HDFC Bank Ltd.: Weight changed; +4.66% to +5.88% across that disclosure interval. [portfolio] [previous]
• NTPC Ltd.: Weight changed; +1.68% to +2.55% across that disclosure interval. [portfolio] [previous]
• Mahindra & Mahindra Ltd.: Weight changed; +2.93% to +3.75% across that disclosure interval. [portfolio] [previous]
• ICICI Bank Ltd.: Weight changed; +3.63% to +4.34% across that disclosure interval. [portfolio] [previous]

All captured positions · 2026-06-30

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

Changes between 2026-05-31 and 2026-06-30

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.

* 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 -0.19%, observed from 2026-05-20 to 2026-05-29 (partial first month). [nav]
• Since first published NAV: -0.19% at 2026-05-29. [nav]
• Portfolio captured as of 2026-05-31; 47 position lines; capture parsed. Original AMC publication date is not provided by this history source. [portfolio]
• Disclosed long cash equity: +59.47% of assets at 2026-05-31; not net market exposure. [portfolio]
• HDFC BANK LTD.: reported closing weight +4.66% at 2026-05-31. [portfolio]
• ICICI BANK LTD.: reported closing weight +3.63% at 2026-05-31. [portfolio]
• MAHINDRA & MAHINDRA LTD.: reported closing weight +2.93% at 2026-05-31. [portfolio]
• INFOSYS LTD.: reported closing weight +2.23% at 2026-05-31. [portfolio]
• OIL & NATU. GAS CO.: reported closing weight +1.92% at 2026-05-31. [portfolio]

All captured positions · 2026-05-31

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.