Based on September quarter holdings, the portfolio includes 49 listed Indian companies with a total value of over Rs 9,015 crore as of December 31, 2025. Around 28 stocks recorded declines ranging from 10% to 60% during CY25, including five counters that plunged by more than 50%. We highlight the portfolio’s top gainers as well as the major laggards in CY25.
Patchy rains may hit rural lending, banks stay cautious
Bankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rural incomes. A strong