Baroda Pioneer Factsheet July 2015

7/23/2019 Baroda Pioneer Factsheet July 2015

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FactsheetJuly 2015


2/24

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 ininflation 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 inflationis 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


3/24

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


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31st July, 2015


Baroda Pioneer Growth Fund

PORTFOLIO

Name of Instruments Ratings /Industry

% to NetAssets

EQUITY & EQUITY RELATED

Listed / awaiting listing on the stock exchanges

HDFC Bank Limited Banks 5.49%Infosys Limited Software 4.66%

Reliance Industries Limited PetroleumProducts

4.05%

Yes Bank Limited Banks 3.86%

ICICI Bank Limited Banks 3.73%

Axis Bank Limited Banks 3.60%

Tata Consultancy ServicesLimited

Software 3.55%

Maruti Suzuki India Limited Auto 3.50%

Divi's Laboratories Limited Pharmaceuticals 3.17%

Colgate Palmolive (India)Limited

Consumer NonDurables

3.06%

Motherson Sumi SystemsLimited

Auto Ancillaries 2.95%

Larsen & Toubro Limited ConstructionProject 2.90%

IndusInd Bank Limited Banks 2.77%

Tech Mahindra Limited Software 2.68%

Amara Raja Batteries Limited Auto Ancillaries 2.68%

Cadila Healthcare L imited Pharmaceutica ls 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 IndustrialCapital Goods

2.35%

Britannia Industries Limited Consumer NonDurables

2.30%

Bosch Limited Auto Ancillaries 2.27%

State Bank of India Banks 2.18%

Housing DevelopmentFinance Corporation Limited

Finance 2.17%

IDFC Limited Finance 2.12%

United Spiri ts L imited Consumer NonDurables

2.10%

Bharat PetroleumCorporation Limited

PetroleumProducts

1.87%

Multi Commodity Exchangeof India Limited

Finance 1.84%

Idea Cellular Limited Telecom -Services

1.54%

Cummins India Limited Industr ialProducts

1.41%

Marico Limited Consumer NonDurables

1.30%

Oil & Natural Gas

Corporation Limited

Oil 1.28%

Cipla Limited Pharmaceuticals 1.15%

Hindustan Unilever Limited Consumer NonDurables

1.12%

Eicher Motors Limited Auto 1.04%

GlaxoSmithKline ConsumerHealthcare Limited


1.02%

Bharti Airtel Limited Telecom -Services

1.02%

Dabur India Limited Consumer NonDurables

1.01%

Sun PharmaceuticalsIndustries Limited

Pharmaceuticals 1.00%

PORTFOLIO


% to NetAssets

Mahindra & MahindraLimited

Auto 0.69%

Asian Paints Limited Consumer NonDurables

0.59%

Bata India Limited ConsumerDurables

0.34%

Bajaj Corp Limited Consumer NonDurables

0.13%

Total 96.70%

PREFERENCE SHARES


Zee EntertainmentEnterprises 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

Consumer Non Durables

Pharmaceuticals

Auto Ancillaries

Auto

Finance

Petroleum Products

Cash & Equivalent

Construction Project

Telecom - Services

Chemicals

Industrial Capital Goods

Industrial Products

Oil

Consumer Durables

Media & Entertainment

Investors understand that their principal will be atModerately High risk

This product is suitable for investors who are seeking*

Capital appreciation over long term

Investment predominantly in equity and equity relatedinstruments.* Investors should consult their financial advisers if in doubtabout 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 before365 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 (defaultoption in case no optionspecified by investor);B. Dividend OptionC. Bonus Option$

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

RISK PROFILE 31 JULY 2015

Standard deviation 15.04

Sharpe 0.88

Beta 1.01Portfolio Turnover (last 12 months) 1.14

NAV AS ON 31 JULY 2015

NAV `

Plan A

Growth 80.5200

Dividend 36.0700

Plan B - Direct

Growth 82.5200

Dividend 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

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31st July, 2015


PORTFOLIO


% to NetAssets


Listed / awaiting listing on the stock exchangesReliance Industries LimitedPetroleum

Products4.54%


Infosys Limited Software 4.15%

Sintex Industr ies Limited Industr ial Products 3.92%

Maruti Suzuki IndiaLimited

Auto 3.73%



Bajaj Finance Limited Finance 3.12%


Tech Mahindra Limited Software 2.71%



2.71%

FAG Bearings India

Limited

Industrial P roducts 2.68%

Multi CommodityExchange of India Limited

Finance 2.57%

HDFC Bank Limited Banks 2.52%

Larsen & Toubro Limited ConstructionProject

2.44%

Housing DevelopmentFinance CorporationLimited

Finance 2.43%

Oberoi Realty Limited Construction 2.38%




Idea Cellular Limited Telecom - Services 2.36%


United Spir its Limited Consumer NonDurables

2.31%

Tata Consultancy ServicesLimited

Software 2.28%


Cummins India L imited Industrial Products 2.26%

Karur Vysya Bank Limited Banks 2.18%

Britannia IndustriesLimited


2.14%

Cadila Healthcare L imited Pharmaceut icals 2.14%

Hindustan Unilever LimitedConsumer NonDurables

2.09%

WABCO India Limited Auto Ancillaries 2.06%

Alstom T&D India Limited Industrial CapitalGoods

2.03%

Marico Limited Consumer NonDurables

1.99%


Hindustan PetroleumCorporation Limited

PetroleumProducts

1.67%


Astra Microwave ProductsLimited

Telecom- Equipment &Accessories

1.58%

Gujarat Gas Limited @ Gas 1.56%

Dr. Reddy's LaboratoriesLimited


PORTFOLIO


% to NetAssets

Sun PharmaceuticalsIndustries Limited


Eicher Motors Limited Auto 0.97%

Mahindra & MahindraLimited

Auto 0.46%

Total 99.04%

PREFERENCE SHARES


Zee EntertainmentEnterprises Limited -Preference shares

Media &Entertainment

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

Media & Entertainment

Baroda Pioneer ELSS 96



Capital growth over long term

Investment predominantly in equity and equity relatedinstruments.* Investors should consult their financial advisers if in doubtabout whether the product is suitable for them.


The main objective of the scheme is to provide the investorlong term capital growth as also tax benefit under section80C 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 NilPlans

Option


The Scheme(s) offer:A. Growth Option (defaultoption in case no optionspecified by investor);B. Dividend OptionC. Bonus Option$




Sharpe 0.99

Beta 1.01

Portfolio Turnover (last 12 months) 2.23

NAV AS ON 31 JULY 2015NAV `

Plan A

Dividend 32.2700

Bonus 37.5600

Growth 37.5600

Plan B - Direct

Dividend 33.3500

Bonus 39.0100

Growth 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

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31st July, 2015


Baroda Pioneer PSU Equity Fund

Investors understand that their principal will be at Highrisk


Growth in capital along with the liquidity over longterm

Investment predominantly in equity stocks of domesticPublic Sector Undertakings.* Investors should consult their financial advisers if in doubtabout whether the product is suitable for them.


The primary investment objective of the Scheme is toprovide investors with opportunities for long term growthin capital along with the liquidity of an open ended

scheme through an active management of investmentsin a diversified basket of equity stocks of domestic PublicSector 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 365days from the date of allotment ofunits, Nil if redeemed after 365 daysfrom the date of allotment of units

Plans

Option


The Scheme(s) offer:A. Growth Option (default option incase no option specified by investor);B. Dividend Option1. Payout;2. Reinvestment (default sub-optionin case no option specified byinvestor)C. Bonus Option$


RISK PROFILE 31 JULY 2015Standard deviation 24.53

Sharpe 0.06

Beta 0.97



NAV `

Plan A

Growth 8.5400

Dividend 8.5400

Plan B - Direct

Growth 8.7100

Dividend 8.7100

PORTFOLIO


% toNet

Assets




Coal India Limited Minerals/ Mining

10.23%

Oil & Natural Gas CorporationLimited

Oil 9.60%

Rural Electrification CorporationLimited

Finance 7.72%

Engineers India Limited ConstructionProject

6.26%

Container Corporation of IndiaLimited

Transportation 6.16%

Gujarat State Petronet Limited Gas 5.37%

Mangalore Refinery andPetrochemicals Limited

PetroleumProducts

4.89%

Bharat Petroleum Corporation

Limited

Petroleum

Products

4.80%

Power Grid Corporation of IndiaLimited

Power 4.78%

Bharat Electronics Limited Industr ia lCapital 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 CorporationLimited

PetroleumProducts

2.39%

Oil India Limited Oil 2.24%

National Aluminium CompanyLimited

Non - FerrousMetals

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%


@ 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



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Baroda Pioneer Infrastructure Fund

Investors understand that their principal will be atHigh risk



Investment predominantly in equity and equity-relatedsecurities of companies engaged in infrastructure andinfrastructure related sectors.* Investors should consult their financial advisers if in doubtabout whether the product is suitable for them.


The primary investment objective of the Scheme will beto generate long-term capital appreciation by investing

predominantly in equity and equity related securities ofcompanies engaged in infrastructure and infrastructurerelated sectors.

FUND DETAILS

Nature of Scheme An Open Ended Equity Scheme

Date of Allotment June 22, 2010


Benchmark CNX Infra*



Entry Load NilExit Load 1.00% if redeemed on or before 365

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

Plans

Option





Standard deviation 22.37Sharpe 0.52

Beta 1.22



NAV `

Plan A

Growth 12.2600

Dividend 11.2900

Plan B - Direct

Growth 12.4600

Dividend 11.4900

PORTFOLIO


% to NetAssets


Listed / awaiting listing on the stock exchangesLarsen & Toubro Limited Construction

Project6.55%

Idea Cellular Limited Telecom - Services 5.55%

Solar Industries IndiaLimited

Chemicals 5.35%

Sintex Industr ies Limited Industr ial Products 5.27%


NCC Limited ConstructionProject

4.71%

Adani Ports and SpecialEconomic Zone Limited


Bharti Airtel Limited Telecom - Services 3.83%


Reliance Industries Limited PetroleumProducts

3.66%

Cummins India L imited Industrial Products 3.65%PTC India Limited Power 3.16%

Bharat Forge Limited Industrial Products 3.15%

Ingersoll Rand (India)Limited

Industr ial Products 3.08%

Sadbhav EngineeringLimited

ConstructionProject

2.92%

FAG Bearings India Limited Industrial Products 2.92%

Simplex InfrastructuresLimited

Construction 2.91%



2.89%

Astral Poly Technik Limited Industrial Products 2.55%

Housing DevelopmentFinance Corporation Limited

Finance 2.45%


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%

Alstom T&D India Limited Industrial CapitalGoods

1.54%

Rural ElectrificationCorporation Limited

Finance 1.49%

Texmaco Rail & EngineeringLimited

Industrial CapitalGoods

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 NetAssets

BONDS & NCDs

Listed / awaiting listing on the stock exchangesNTPC Limited CRISIL AAA 0.26%

Total 0.26%


Total 4.23%



Total -2.99%

Grand Total 100.00%


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

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31st July, 2015


Baroda Pioneer Banking and Financial Services Fund

Investors understand that their principal will be atHigh risk



Investment predominantly in equity and equity relatedsecurities of companies engaged in the Banking &Financial Services Sector* Investors should consult their financial advisers if in doubtabout whether the product is suitable for them.


The investment objective is to generate long-term capitalappreciation for unit holders from a portfolio invested

predominantly in equity and equity related securities ofcompanies engaged in the Banking & Financial ServicesSector.

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 onor before 365 days from the date ofallotment of units, Nil if redeemedafter 365 days from the date ofallotment

Plans

Option






Sharpe 0.46

Beta 0.97



NAV `

Plan A

Growth 16.3100

Dividend 15.1800

Bonus 16.3100

Plan B - Direct

Growth 16.6800

Dividend 15.5200

Bonus 16.6800

PORTFOLIO


% to NetAssets


Listed / awaiting listing on the stock exchangesICICI Bank Limited Banks 21.60%

HDFC Bank Limited Banks 17.76%




Kotak Mahindra Bank LimitedBanks 5.23%




Bank of Baroda Banks 2.34%

Sundaram Finance Limited Finance 2.31%

Credit Analysis And ResearchLimited

Finance 1.87%


Finance 1.78%

DCB Bank Limited Banks 1.62%


City Union Bank Limited Banks 1.33%

Multi Commodity Exchangeof India Limited

Finance 1.07%

ICRA Limited Finance 0.63%

Total 98.75%


Total 1.41%



Total -0.16%

Grand Total 100.00%


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

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31st July, 2015


Baroda Pioneer Balance Fund



Capital appreciation along with stability over long term

Investment predominantly in equity and equity relatedinstruments with balance exposure to money marketinstruments and debt securities.* Investors should consult their financial advisers if in doubtabout whether the product is suitable for them.


The scheme is targeted for long-term capital appreciationalong with stability through a well balanced portfoliocomprising of equity,equity related instruments, moneymarket 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 365days from the date ofallotment, Nil if redeemed after 365days from the dateof allotment of units

Plans

Option



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

RISK PROFILE 31 JULY 2015Standard deviation 11.78

Sharpe 0.79

Beta 0.83



NAV `

Plan A

Growth 44.4400

Dividend 22.2700

Bonus 44.4400

Plan B - Direct

Growth 45.5600

Dividend 23.0600



PORTFOLIO


% toNet


Listed / awaiting listing on the stock exchangesTata Consultancy ServicesLimited

Software 3.88%

United Spirits LimitedConsumer NonDurables

3.81%


Reliance Industries LimitedPetroleumProducts

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 LimitedConstructionProject

1.54%

State Bank of India Banks 1.53%Lupin Limited Pharmaceuticals 1.51%

Adani Ports and SpecialEconomic Zone Limited


Manpasand Beverages LimitedConsumer NonDurables

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 ProductsLimited


1.18%


Finance 1.16%

Ashok Leyland Limited Auto 1.16%Grasim Industries Limited Cement 1.14%Sintex Industr ies Limited Industr ia l Products 0.99%Multi Commodity Exchange ofIndia Limited

Finance 0.97%

Hindustan Unilever LimitedConsumer NonDurables

0.95%

Petronet LNG Limited Gas 0.93%Housing Development FinanceCorporation Limited

Finance 0.92%

Asian Paints LimitedConsumer NonDurables

0.89%

Berger Paints (I) LimitedConsumer NonDurables

0.82%

Exide Industries Limited Auto Ancillaries 0.81%

TD Power Systems LimitedIndustrial CapitalGoods

0.81%

Tech Mahindra Limited Software 0.76%Sun Pharmaceuticals IndustriesLimited


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

D.B.Corp LimitedMedia &Entertainment

0.65%

Bajaj Corp LimitedConsumer NonDurables

0.63%

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

Sadbhav Engineering Limited

Construction

Project 0.57%Alstom T&D India Limited


0.48%

Whirlpool of India LimitedConsumerDurables

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 INSTRUMENT

Certificate of Deposit**Canara Bank CRISIL A1+ 4.10%

PORTFOLIO


% toNet

Axis Bank Limited CRISIL A1+ 4.10%Kotak Mahindra Bank Limited CRISIL A1+ 0.86%

Total 9.06%Commercial Paper**Housing Development FinanceCorporation Limited

CRISIL A1+ 4.09%

Small Industries DevelopmentBank 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


Piramal 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 FinanceLimited

CRISIL AA- 0.16%

India Infoline Housing FinanceLimited

CRISIL AA 0.11%

Power Finance CorporationLimited

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 IndiaLimited

CRISIL AAA 0.02%

Total 8.09%


Total 1.03%


Net 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 definedin 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


10/24

31st July, 2015


Baroda Pioneer Monthly Income Plan (MIP) Fund

Investors understand that their principal will be atModerate risk


Regular Income and capital appreciation over mediumterm with providing liquidity

Investment in debt and money market instruments andin equity and equity related instruments.* Investors should consult their financial advisers if in doubtabout whether the product is suitable for them.


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

FUND DETAILS

Nature of Scheme An Open Ended Income Scheme withno 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 365days from the date of allotment. Nilif redeemed after 365 days from thedate 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 A

Growth 18.9783

Dividend - Monthly 13.3932

Dividend - Quarterly 13.1147

Plan B - Direct

Growth 19.4121



PORTFOLIO CHARACTERISTIC

Average Maturity (Days) 1937.69

Modified Duration (Years) 3.37

YTM (%) 8.58



PORTFOLIO


% to NetAssets

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 LimitedIndustrialProducts

0.90%



Dabur India LimitedConsumer NonDurables

0.77%



0.73%

Marico LimitedConsumer NonDurables

0.69%




0.66%


NCC LimitedConstructionProject

0.65%

Bharat Forge LimitedIndustrialProducts

0.60%

Multi Commodity Exchange ofIndia Limited

Finance 0.59%


United Spirits LimitedConsumer NonDurables

0.58%

Cummins India LimitedIndustrialProducts

0.52%


Bosch Limited Auto Ancillaries 0.51%IndusInd Bank Limited Banks 0.51%



Whirlpool of India LimitedConsumerDurables

0.39%

Mahindra & Mahindra Limited Auto 0.36%

Simplex Infrastructures Limited Construction 0.29%



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 NetAssets


CRISIL AAA 5.30%

Power Grid Corporation of IndiaLimited

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


11/24

31st July, 2015


Baroda Pioneer Credit Opportunities Fund



Income over medium term.

Investment in a mix of debt and money marketinstruments across the credit and maturity spectrum.* Investors should consult their financial advisers if in doubtabout whether the product is suitable for them.


The primary objective of the Scheme is to generate returnsby investing in debt and money market instruments acrossthe credit spectrum. There is no assurance or guaranteethat the investment objective of the Scheme will berealized.

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 FundIndex



Entry Load NA

Exit Load 1%, if redeemed on or before365 days from the date ofallotment of Units. Nil, ifredeemed after 365 days fromthe 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%




YTM (%) 10.12


PORTFOLIO


% to NetAssets


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%


8.40% CGL 2024 SOV 5.58%

Total 5.58%

BONDS & NCDs


Edelweiss Commodities ServicesLimited

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%

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

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 A

Bonus 10.5731

Growth 10.5731



Plan B - Direct

Bonus 10.6324

Growth 10.6324



An Open Ended Debt Scheme

11


12/24

31st July, 2015


Baroda Pioneer Gilt Fund



Credit risk free regular Income over long term

Investment only in Government (both Central and StateGovernment) Securities* Investors should consult their financial advisers if in doubtabout whether the product is suitable for them.


To generate income by investing in a portfolio ofGovernment 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 before1 month (30 days) from the date

of allotment. Nil if redeemedafter 1 month (30 days) fromthe date of allotment


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



Below 10 Years 9.58%

Above 10 Years 87.39%


Plan A

Growth 22.2500

Dividend 19.3075

Plan B - Direct

Growth 22.8592

Dividend 19.7895




YTM (%) 7.95

PORTFOLIO


% to NetAssets


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%Cash & Cash Equivalents


Total 3.05%

Grand Total 100.00%


RATING PROFILE

87.37%

12.63%

SOV

Cash & Equivalent

INSTRUMENTS

87.37%

9.58% 3.05%



Cash & Cash

Equivalents



An Open Ended Gilt Scheme

12


13/24

31st July, 2015


Baroda Pioneer Income Fund



Regular Income over long term

Investment predominantly in good quality Fixed IncomeSecurities by maintaining a balance between Risk &Return.* Investors should consult their financial advisers if in doubtabout whether the product is suitable for them.


To generate regular income by investing in a portfolio ofgood quality Fixed Income Securities by maintaining abalance 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 365days from the date of allotment.Nil if redeemed after 365 daysfrom 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 A

Growth 22.0569

Dividend 22.0569

Plan B - Direct

Growth 22.6083




YTM (%) 8.78

PORTFOLIO


% to NetAssets


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


IDBI Bank Limited CRISIL AA- 12.61%

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


Cash & Cash

Equivalents

$ 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 Income Scheme

13


14/24

31st July, 2015


Baroda Pioneer Dynamic Bond Fund



Regular Income over medium term with providingliquidity

Investment in medium to long term corporate bondsand / or government securities and manage the portfoliodynamically through different interest rate cycles* Investors should consult their financial advisers if in doubtabout whether the product is suitable for them.

INVESTMENT OBJECTIVEThe investment objective of the scheme is to generatereturns with liquidity by managing the portfolio dynamicallythrough interest rate cycles.

FUND DETAILS



Fund Manager Mr. Alok Sahoo, Ms. Hetal Shah#




Entry Load Nil

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


NAV `

Plan A

Growth 13.1921

Dividend 11.9074

Plan B - Direct

Growth 13.5389

Dividend 12.2593




YTM (%) 8.85

PORTFOLIO


% to NetAssets


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%IDBI Bank Limited CRISIL AA- 2.87%

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

GOVERNMENT

SECURITIES

BONDS & NCDs






14


15/24

31st July, 2015


Baroda Pioneer Short Term Bond Fund

Investors understand that their principal will be atModerately Low risk


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 doubtabout whether the product is suitable for them.


The objective of the Scheme is to generate income from aportfolio constituted of short term debt and money marketsecurities.

FUND DETAILS




Benchmark CRISIL Short Term Bond Fund Index



Entry Load Nil

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

if redeemed after 15 days from thedate of allotment*


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




180 to 300 days 0.00%



NAV `

Plan A

Growth 14.9188

Dividend 10.0719

Plan B - Direct

Growth 15.1097

Dividend 10.0745




YTM (%) 8.71

PORTFOLIO


% to NetAssets


Certificate of Deposit**

IDBI Bank Limited CRISIL A1+ 17.44%

Total 17.44%

Commercial Paper**

S.D. Corporation PrivateLimited

CRISIL A1+ 17.39%

Total 17.39%

BONDS & NCDs


India Info line Finance L imited 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%


Power Grid Corporation ofIndia Limited

CRISIL AAA 3.04%


CRISIL AAA 1.21%

Indiabulls Housing FinanceLimited

CRISIL AAA 0.60%

Total 53.60%


Total 9.66%Cash & Cash Equivalents


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


15


16/24

31st July, 2015


Baroda Pioneer Public Sector Undertaking (PSU) Bond Fund



Regular Income over medium term with lower riskexposure

Investment predominantly in Fixed Income instrumentsof Public Sector Undertakings (PSUs) - banks, financialinstitutions & companies.* Investors should consult their financial advisers if in doubtabout whether the product is suitable for them.

INVESTMENT OBJECTIVEThe investment objective is to generate stable returnswith lower risk by investing in Fixed Income instrumentsof Public Sector Undertakings (PSUs) - banks, financialinstitutions & companies.

FUND DETAILS


Date of Allotment December 24, 2009





Entry Load Nil

Exit Load Nil

Plans Plan A and Plan B (Direct)Options Growth

Monthly Dividend 1.Payout 2.Reinvestment Quarterly Dividend 1.Payout 2.Reinvestment Bonus Option$




300 to 700 days 0.00%



NAV `

Plan A

Growth 15.1690



Plan B - Direct

Growth 15.2712


Dividend - Quarterly NA




YTM (%) 8.11

PORTFOLIO


% to NetAssets


8.83% CGL 2023 SOV 24.54%

8.60% SDL 2023 SOV 2.13%

Total 26.67%

BONDS & NCDs



CRISIL AAA 20.65%

Power Grid Corporation ofIndia Limited

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



$ 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


16


17/24

31st July, 2015


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


Effective November 01, 2012, dividends declared under the Regular Plan (which has been discontinued from October 01, 2012) will be reinvested in Baroda Pioneer Treasury AdvantageFund (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 atModerately Low risk


Regular income over short term with maintaining abalance 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 doubtabout whether the product is suitable for them.


The main objective of the scheme is to provide optimalreturns and liquidity through a portfolio comprising ofdebt 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$








YTM (%) 8.53

PORTFOLIO


% to NetAssets


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 FinanceCorporation Limited

CRISIL A1+ 4.68%

Edelweiss Commodities Services Limited CRISIL A1+ 4.68%Edelweis s F inancia l Servi ces L im ited CRISI L 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 FinanceCorporation Limited

CRISIL A1+ 2.34%

Shapoorji Pallonji & Company PrivateLimited

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%Edelweis s F inancia l Servi ces L im ited CRISI L 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 FinanceCorporation Limited

ICRA A1+ 1.17%


ICRA A1+ 1.16%

Small Industries Development Bankof 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 exchangesI nd ia Infol ine Hous ing F inance Limi ted CRISI L AA 2.52%Aspire Home Finance CorporationLimited

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 F inance Corporat ion L imited CRISI L AAA 1.25%Indiabulls Housing Finance Limited CRISIL AAA 1.20%Indiabulls Housing Finance Limited CARE AAA 1.20%Power F inance Corporat ion L imited CRISI L AAA 1.20%Piramal Enterprises Limited ICRA AA 1.20%Piramal Enterprises Limited CRISIL AA 1.20%Ind ia Infol ine Hous ing F inance Limi ted CRISI L AA 0.97%India Infol ine Housing Finance Limited CRISIL AA- 0.65%India Infoline Finance Limited CRISIL AA 0.60%Powergrid Vizag Transmission Limited CRISIL AAA 0.48%Power F inance Corporat ion L imited CRISI L 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 F inance Corporat ion L imited CRISI L AAA 0.17%Cholamandalam Investment and FinanceCompany Limited

ICRA AA 0.15%

NHPC Limited CRISIL AAA 0.13%Ind ia Infol ine Hous ing F inance L imi ted 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 NetAssets

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 `Regular

Growth 1618.0291Dividend - Daily 1002.7120

Dividend - Weekly 1002.6713Dividend - Monthly 1003.6843Dividend - Quarterly 1098.6556Plan A

Bonus 1636.9448Growth 1642.4882Dividend - Daily 1026.7462Dividend - Weekly 1023.0546Dividend - Monthly 1003.9059Dividend - Quarterly

Plan B - Direct

Bonus 1653.8182Growth 1653.9644Dividend - Daily 1008.1286Dividend - Weekly 1002.8774Dividend - Monthly 1006.0377Dividend - Quarterly 1019.9442

1016.4821


17


18/24

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 (earliercalled Institutional Plan)

*For Disclaimer please refer page no 23


Investors understand that their principal will be atLow risk


Regular income over short term with high level ofliquidity

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

INVESTMENT OBJECTIVETo generate income with a high level of liquidity by investingin 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$



Above 60 days 0.00%





YTM (%) 7.80

PORTFOLIO


% to NetAssets


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**


CRISIL A1+ 5.84%

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

Limited

CRISIL A1+ 2.95%

Indiabulls Finance Company PrivateLimited

CRISIL A1+ 2.95%

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

CRISIL A1+ 1.97%

Rel iance Home Finance L imited CRISIL A1+ 1.97%Edelweiss Financial Services Limited CRISIL A1+ 1.97%Edelweiss Commodities ServicesLimited

CRISIL A1+ 1.97%


CRISIL A1+ 1.78%

Edelweiss Commodities ServicesLimited

CRISIL A1+ 0.99%

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

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




Regular

Growth 2454.8477

Dividend 2103.2306

Dividend - Daily 1006.0600

Plan A

Bonus 1639.8047

Growth 1646.8100


Dividend - Weekly 1000.9236

Dividend - Monthly -

Plan B - Direct

Growth 1650.3624


Dividend - Weekly 1198.7115

Bonus 1650.6450

An Open Ended Liquid Scheme

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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&

SinceInception@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 19.01CNX 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 beenreinvested 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 atinception. &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, investedat 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 13.31S&P BSE Sensex (Scheme Benchmark) (in %) 9.31 31.03 11.28 11.58


`10,000, if invested in BPELSS96F, 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 beenreinvested 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 thestart 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


^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 beenreinvested 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 atinception. &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, investedat the start of the period.


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


^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 beenreinvested 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 atinception. &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, investedat the start of the period.

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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 beenreinvested 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 atinception. &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, investedat the start of the period.

Date Of Inception:04/10/2010 Jun 2014 -Jun 2015&

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


^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 beenreinvested 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 atinception. &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, investedat the start of the period.


Jun 2013-Jun 2014&

Jun 2012 -Jun 2013&


Nav Per Unit (`) 13.89 13.05 11.80 10.00Baroda 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

^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 beenreinvested 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 atinception.&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, investedat the start of the period.


Jun 2013-Jun 2014&

Jun 2012 -Jun 2013&


Nav Per Unit (`) 13.53 12.55 11.45 10.00Baroda 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

CRISIL 10 Year Gilt Index (Standard Benchmark) (in %)$ 11.76 -2.47 12.10 5.90

`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

`10,000, if invested in CRISIL 10 Year Gilt Index, would have become NA NA NA `13,321

^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 beenreinvested 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 atinception. &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, investedat the start of the period.

Funds Managed by Mr. Alok Sahoo, Ms Hetal Shah

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

Date Of

Baroda Pioneer Factsheet July 2015

Documents

Transcript of Baroda Pioneer Factsheet July 2015