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FactsheetOctober 2015

30th October, 2015

BARODA PIONEER MUTUAL FUND

Dear Investors,

Warm Greetings!

While stock markets were weak during the early part of the month, it recovered through the month paring much of the early losses. Stock market was down 0.5% during the month and is down 5% on year to date basis. While CPI and IIP data were positive, impending FED rate hike and fear of global slowdown, influenced stock markets.

CPI was month on month flat at 3.6% for August 2015, compared with 3.7% (revised) reading in July 2015. The corresponding provisional inflation rate for rural and urban was 4.5% and 2.7% respectively for month of August 2015. This compares favorably with previous months CPI read of 4.4% and 2.9% for rural and urban respectively for July 2015. The core CPI inflation declined to 3.8% in August 2015 from 4% in July 2015.

India’s factory output grew at a faster-than-expected pace in July, expanding by more than 4% for the second month in a row, signaling a slow and steady recovery in industrial production.

Manufacturing, which contributes close to 76% of IIP, registered 4.7% growth in July, led by a pickup in the capital goods and consumer durables segments. Growth in mining & electricity remained tepid at 1.3% and 3.5%, respectively, in July.

Month of September saw intense discussion on FED rate hike. It is not a question of if the FED will raise rates but a question of when they will raise. Global markets, especially emerging markets, is worried on the timing and the pace of rate hike. Fed has been deliberating with the idea of hiking rates for over a year now. Based on Fed comments last week, it seems Fed is now expecting a much lower interest rates than what they were expecting last year.

In its Bi- monthly monetary policy, RBI surprised the market with 50bps cut in REPO rate vs expectation of 25bps. CRR & SLR have been kept unchanged. RBI is dovish in this policy, in contrary to its earlier stance of remaining hawkish after delivering a rate cut. Therefore, we have witnessed a sharp rally across the curve with short term rates falling by 20-30bps and long end of the yield curve falling by as much as 10-14bps.

It appears that 50bps cut is a front loading of policy easing and to force banks to cut the base rate for better policy rate transmission. Further rate cut by RBI in this financial year would be data dependent.

We expect, the bond market to trade on positive bias and key trigger for the rally may be lower CPI print and Fiscal consolidation measures. The key risks are spike in crude & commodity prices, increase in food inflation due to lower food grain production and US rate hike.

The monsoon is at its fag end now. Post a good September, overall deficiency has reduced from 16% to 13%. Agriculture ministry has now raised its production target for rabi crop by 5% . While we hope for good rabi crop, a decline in production may have a potential adverse impact on inflation levels.

Stock markets have corrected, which gives a good opportunity for long term investors. 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 and earnings expectations having moderated.

Happy Investing!

Sanjay Chawla

Chief Investment Officer

Source : Economic Times

CIO Letter

2

Mr. Sanjay ChawlaChief Investment Officer

30th October, 2015


INDEX

Title

How To Read Factsheet Pg 4

Baroda Pioneer Growth Fund Pg 5

Baroda Pioneer ELSS’ 96 Pg 6

Baroda Pioneer PSU Equity Fund Pg 7

Baroda Pioneer Infrastructure Fund Pg 8

Baroda Pioneer Banking and Financial Services Fund Pg 9

Baroda Pioneer Balance Fund Pg 10

Baroda Pioneer Monthly Income Plan (MIP) Fund Pg 11

Baroda Pioneer Credit Opportunities Fund Pg 12

Baroda Pioneer Gilt Fund Pg 13

Baroda Pioneer Income Fund Pg 14

Baroda Pioneer Dynamic Bond Fund Pg 15

Baroda Pioneer Short Term Bond Fund Pg 16

Baroda Pioneer Public Sector Undertaking (PSU) Bond Fund Pg 17

Baroda Pioneer Treasury Advantage Fund Pg 18

Baroda Pioneer Liquid Fund Pg 19

Investment Performance Pg 20

SIP Returns Pg 24

Dividend History Pg 25

3

30th October, 2015


Fund Manager : An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.

Application Amount for Fresh Subscription : This is the minimum investment amount for a new investor in a mutual fund scheme.

Minimum Additional Amount : This is the minimum investment amount for an existing investor in a mutual fund scheme.

Yield to Maturity : The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond’s current market price, par value, coupon interest rate and time to maturity.

SIP : SIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bank deposit. For instance, an investor may opt for an SIP that invests Rs 500 every 15th of the month in an equity fund for a period of three years.

NAV : The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The NAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund.

Benchmark : A group of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance of mutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10-Year Gsec.

Entry Load : A mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent. Entry load is charged at the time an investor purchases the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment. For instance, if the NAV is Rs. 100 and the entry load is 1%, the investor will enter the fund at Rs. 101.

Note: SEBI, vide circular dated June 30, 2009 has abolished entry load and mandated that the upfront commission to distributors will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor.

Exit Load : Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is Rs 100 and the exit load is 1%, the redemption price would be Rs 99 Per Unit.

Modified Duration : Modified duration is the price sensitivity and the percentage change in price for a unit change in yield

Standard Deviation : Standard deviation is a statistical measure of the range of an investment’s performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility.

Sharpe Ratio : The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk.

Beta : Beta is a measure of an investment’s volatility vis-à-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security’s price will be more volatile than the market.

AUM : AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Holdings : The holdings or the portfolio is a mutual fund’s latest or updated reported statement of investments/securities. These are usually displayed in terms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager.

Nature of Scheme : The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt fund or income fund. Each of these categories may have sub-categories.

Rating Profile : Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds.

How To Read Factsheet?

4

30th October, 2015


Baroda Pioneer Growth Fund

PORTFOLIO

Name of Instruments Ratings / Industry

% to Net Assets

EQUITY & EQUITY RELATED

Listed / awaiting listing on the stock exchanges

Infosys Limited Software 6.77%

HDFC Bank Limited Banks 5.68%

Tata Consultancy Services Limited

Software 4.96%

IndusInd Bank Limited Banks 4.35%

Reliance Industries Limited Petroleum Products

4.18%

Yes Bank Limited Banks 3.92%

Maruti Suzuki India Limited Auto 3.54%

Larsen & Toubro Limited Construction Project

3.37%

ICICI Bank Limited Banks 3.19%

Axis Bank Limited Banks 2.93%

Tech Mahindra Limited Software 2.79%

State Bank of India Banks 2.69%

Cipla Limited Pharmaceuticals 2.47%

Pidilite Industries Limited Chemicals 2.46%

Motherson Sumi Systems Limited

Auto Ancillaries 2.35%

Alstom T&D India Limited Industrial Capital Goods

2.16%

Divi's Laboratories Limited Pharmaceuticals 2.16%

Hindustan Petroleum Corporation Limited

Petroleum Products

2.14%

Eicher Motors Limited Auto 2.12%

Tata Motors Limited Auto 1.99%

UltraTech Cement Limited Cement 1.84%

Multi Commodity Exchange of India Limited

Finance 1.77%

United Spirits Limited Consumer Non Durables

1.75%

Amara Raja Batteries Limited Auto Ancillaries 1.62%

Cummins India Limited Industrial Products

1.54%

Marico Limited Consumer Non Durables

1.49%

Dabur India Limited Consumer Non Durables

1.39%

Bank of Baroda Banks 1.27%

Coal India Limited Minerals/Mining 1.27%

Bharti Airtel Limited Telecom - Services

1.25%

HCL Technologies Limited Software 1.21%

Mahindra & Mahindra Limited

Auto 1.18%

Crompton Greaves Limited Industrial Capital Goods

1.04%

Asian Paints Limited Consumer Non Durables

0.99%

FAG Bearings India Limited Industrial Products

0.99%

Oil & Natural Gas Corporation Limited

Oil 0.98%

PORTFOLIO


% to Net Assets

Zee Entertainment Enterprises Limited

Media & Entertainment

0.97%

Cadila Healthcare Limited Pharmaceuticals 0.91%

Housing Development Finance CorporationLimited (Warrant)

Finance 0.66%

Glenmark Pharmaceuticals Limited

Pharmaceuticals 0.59%

Aurobindo Pharma Limited Pharmaceuticals 0.50%

Nestle India Limited Consumer Non Durables

0.49%

Britannia Industries Limited Consumer Non Durables

0.32%

Adani Ports and Special Economic Zone Limited

Transportation 0.24%

Total 92.48%

PREFERENCE SHARES


Zee Entertainment Enterprises Limited - Preference shares


0.08%

Total 0.08%

Fixed Deposit

Citibank N.A. Unrated 2.58%


Total 3.58%

CBLO / Reverse Repo Investments 2.64%

Total 2.64%

Cash & Cash Equivalents

Net Receivable/Payable 1.22%

Total 1.22%

Grand Total 100.00%

All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND.

TOP SECTORS

24.03%

15.73%

8.83%

6.63%

6.43%

6.32%

3.97%

3.86%

3.58%

3.37%

3.20%

2.53%

2.46%

2.43%

1.84%

1.27%

1.25%

1.05%

0.98%

0.24%

Banks

Software

Auto

Pharmaceuticals

Consumer Non Durables

Petroleum Products

Auto Ancillaries

Cash & Equivalent

Unrated

Construction Project

Industrial Capital Goods

Industrial Products

Chemicals

Finance

Cement

Minerals/Mining

Telecom - Services


Oil

Transportation

Investors understand that their principal will be at Moderately High risk

This product is suitable for investors who are seeking*• Capital appreciation over long term• Investment predominantly in equity and equity related

instruments.* Investors should consult their financial advisers if in doubt about 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

Type of Scheme An Open Ended Growth Scheme

Date of Allotment September 12, 2003

Fund Manager# Mr. Sanjay Chawla& (Experience 25 yrs) Mr. Dipak Acharya (Experience 12 yrs)

Benchmark Nifty 100*

Monthly Average AUM (`)

253.74 Crs

Month end AUM (`) 251.52 Crs

Minimum Investment ` 5,000/- & in multiples of ` 1/- thereafter

Entry Load NilExit Load 1% if redeemed on or before

365 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 (default option in case no option specified by investor);B. Dividend Option C. Bonus Option$

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

RISk PROFILE 30 OCTOBER 2015Standard deviation 15.68Sharpe@ 0.64Beta 0.97Portfolio Turnover (last 12 months) 1.33

NAV AS ON 30 OCTOBER 2015NAV (Per Unit) `Plan AGrowth 75.3500Dividend 33.7500Plan B - DirectGrowth 77.3500Dividend 32.9800

TOTAL EXPENSE RATIOPlan A 3.00%Plan B (Direct) 2.40%

$ 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@risk free rate (FBIL Overnight MIBOR) 6.79& Mr. Chawla is managing the Scheme along with Mr. Acharya effective November 1, 2015^ Rebranding of all its existing indices to include “Nifty” in the name of its indices effective November 9, 2015.

An Open Ended Growth Scheme

5

30th October, 2015


PORTFOLIO


% to Net Assets



Infosys Limited Software 6.01%


4.36%

Tata Consultancy Services Limited

Software 4.02%


Maruti Suzuki India Limited

Auto 3.89%








2.60%


FAG Bearings IndiaLimited

Industrial Products 2.38%


GlenmarkPharmaceuticals Limited


Motherson Sumi Systems Limited



Finance 2.05%

Bajaj Finance Limited Finance 2.04%

Kansai Nerolac Paints Limited


2.00%

United Spirits Limited Consumer Non Durables

1.99%



1.93%

Marico Limited Consumer Non Durables

1.78%

Housing Development Finance CorporationLimited (Warrant)

Finance 1.75%

Cummins India Limited Industrial Products 1.73%

Tata Motors Limited Auto 1.68%

The Ramco Cements Limited

Cement 1.66%

Gujarat Gas Limited Gas 1.66%

Can Fin Homes Limited Finance 1.33%


WABCO India Limited Auto Ancillaries 1.14%


Divi's LaboratoriesLimited



Petroleum Products

1.06%

Whirlpool of India Limited Consumer Durables

1.04%

HCL Technologies Limited Software 1.00%

Crompton GreavesLimited


1.00%

PORTFOLIO


% to Net Assets

Mahindra & Mahindra Limited

Auto 0.95%



0.94%


Aurobindo PharmaLimited


Cyient Limited Software 0.62%

Nestle India Limited Consumer Non Durables

0.57%



Total 93.92%

PREFERENCE SHARES


Zee Entertainment Enterprises Limited - Preference shares


0.02%

Total 0.02%Fixed Deposit



Total 3.19%


Total 2.78%



Total 0.09%

Grand Total 100.00%All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND.

TOP SECTORS

21.29%

15.37%

8.97%

7.17%

6.49%

6.34%

5.42%

4.11%

3.40%

3.19%

2.99%

2.93%

2.87%

2.60%

1.94%

1.66%

1.04%

0.96%

0.92%

0.34%

Banks

Software

Auto

Finance

Pharmaceuticals


Petroleum Products

Industrial Products

Auto Ancillaries

Unrated

Cement


Cash & Equivalent


Chemicals

Gas

Consumer Durables


Minerals/Mining

Transportation

Baroda Pioneer ELSS’ 96


This product is suitable for investors who are seeking*• Capital growth over long term• Investment predominantly in equity and equity related

instruments.* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


The main objective of the scheme is to provide the investor long term capital growth as also tax benefit under section 80C of the Income Tax Act, 1961.

FUND DETAILS

Type of Scheme An Open Ended Tax Benefit-Cum-Growth Scheme

Date of Allotment March 31, 1996Fund Manager# Mr. Sanjay Chawla& (Experience

25 yrs) Mr. Dipak Acharya (Experience 12 yrs)

Benchmark S&P BSE SENSEXMonthly Average AUM (`)

42.75 Crs

Month end AUM (`) 43.48 Crs Minimum Investment ` 500/- & in multiples of ` 1/-

thereafterEntry Load NilExit Load NilPlans

Option


The Scheme(s) offer:A. Growth Option (default option in case no option specified by investor);B. Dividend Option C. Bonus Option$



NAV AS ON 30 OCTOBER 2015NAV (Per Unit) `Plan ADividend 29.8800Bonus 34.7800Growth 34.7800Plan B - DirectDividend 30.9700Bonus 36.2300Growth 36.2300


$ 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@risk free rate (FBIL Overnight MIBOR) 6.79& Mr. Chawla is managing the Scheme along with Mr. Acharya effective November 1, 2015

An Open Ended Tax Benefit - Cum - Growth Scheme

6

30th October, 2015


Baroda Pioneer PSU Equity Fund

Investors understand that their principal will be at High risk

This product is suitable for investors who are seeking*• Growth in capital along with the liquidity over long

term• Investment predominantly in equity stocks of domestic

Public Sector Undertakings.* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


The primary investment objective of the Scheme is to provide investors with opportunities for long term growth in capital along with the liquidity of an open ended scheme through an active management of investments in a diversified basket of equity stocks of domestic Public Sector Undertakings.

FUND DETAILS

Type of Scheme An Open Ended Equity Scheme

Date of Allotment December 4, 2010

Fund Manager# Mr. Dipak Acharya(Experience 12 yrs)

Benchmark S&P BSE PSU Index

Monthly Average AUM (`) 30.90 Crs



Entry Load Nil

Exit Load

1.00% if redeemed on or before 365 days from the date of allotment of units, Nil if redeemed after 365 days from the date of allotment of units

Plans

Option


The Scheme(s) offer:A. Growth Option (default option in case no option specified by investor);B. Dividend Option 1. Payout;2. Reinvestment (default sub-option in case no option specified by investor)C. Bonus Option$


RISk PROFILE 30 OCTOBER 2015Standard deviation 20.65Sharpe@ -0.26Beta 0.95Portfolio Turnover (last 12 months) 1.60



PORTFOLIO


% to Net

Assets




Coal India Limited Minerals/Mining

9.62%

Oil & Natural Gas Corporation Limited

Oil 7.43%

Gujarat State Petronet Limited Gas 6.92%

Container Corporation of India Limited



Indian Oil Corporation Limited Petroleum Products

5.34%

Hindustan PetroleumCorporation Limited

Petroleum Products

5.14%


GAIL (India) Limited Gas 3.61%

Engineers India Limited Construction Project

3.28%

Mangalore Refinery and Petrochemicals Limited

Petroleum Products

2.93%

BEML Limited Industrial Capital Goods

2.92%

Rural Electrification Corporation Limited

Finance 2.92%

Bharat Heavy Electricals Limited Industrial Capital Goods

2.66%

Bharat Petroleum Corporation Limited

Petroleum Products

2.18%

Gujarat State Fertilizers & Chemicals Limited

Fertilisers 1.45%

Oil India Limited Oil 1.36%

Bharat Electronics Limited Industrial Capital Goods

1.25%

National Aluminium Company Limited

Non - Ferrous Metals

0.64%

Indian Bank Banks 0.63%

Neyveli Lignite Corporation Limited

Power 0.40%

Total 90.56%

BONDS & NCDs


NTPC Limited CRISIL AAA 0.43%

Total 0.43%


Total 9.60%


Net Receivable/Payable -0.59%

Total -0.59%


TOP SECTORS

20.38%

15.59%

14.24%

9.62%

9.01%

8.79%

6.83%

6.42%

3.28%

2.92%

1.45%

0.64%

0.43%

0.40%

Banks

Petroleum Products

Gas

Minerals/Mining

Cash & Equivalent

Oil


Transportation


Finance

Fertilisers

Non - Ferrous Metals

CRISIL AAA

Power

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@risk free rate (FBIL Overnight MIBOR) 6.79

7

30th October, 2015


Baroda Pioneer Infrastructure Fund

Investors understand that their principal will be atHigh risk

This product is suitable for investors who are seeking*• Capital appreciation over long term• Investment predominantly in equity and equity-related

securities of companies engaged in infrastructure and infrastructure related sectors.* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


The primary investment objective of the Scheme will be to generate long-term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in infrastructure and infrastructure related sectors.

FUND DETAILS

Type of Scheme An Open Ended Equity SchemeDate of Allotment June 22, 2010Fund Manager# Mr. Dipak Acharya

(Experience 12 yrs)

Benchmark Nifty Infra*Monthly Average AUM (`) 19.24 CrsMonth end AUM (`) 18.94 Crs Minimum Investment ` 5,000/- & in multiples of ` 1/-

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

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

Plans

Option







PORTFOLIO


% to Net Assets




8.56%

Bharti Airtel Limited Telecom - Services 5.53%

Solar Industries IndiaLimited

Chemicals 5.34%




4.16%


4.00%

Idea Cellular Limited Telecom - Services 3.69%

Crompton Greaves Limited Industrial Capital Goods

3.44%

Sadbhav Engineering Limited


3.37%

Castrol India Limited Petroleum Products

3.05%


FAG Bearings India Limited Industrial Products 2.95%

Ingersoll Rand (India)Limited

Industrial Products 2.87%

The Ramco CementsLimited

Cement 2.86%

Max India Limited Finance 2.79%

PNC Infratech Limited Construction 2.69%

NCC Limited Construction Project

2.54%

BEML Limited Industrial Capital Goods

2.46%

Thermax Limited Industrial Capital Goods

2.24%

Bharat Heavy Electricals Limited


2.10%



Petroleum Products

2.03%

Jk Lakshmi Cement Limited Cement 1.98%

PTC India Limited Power 1.71%

Texmaco Rail & Engineering Limited


1.71%


Kalpataru Power Transmission Limited

Power 1.37%

Indraprastha Gas Limited Gas 1.29%

Cummins India Limited Industrial Products 1.25%

PORTFOLIO


% to Net Assets

Sundaram Finance Limited Finance 1.18%

Sintex Industries Limited Industrial Products 1.07%

Total 89.32%

BONDS & NCDs


NTPC Limited CRISIL AAA 0.30%

Total 0.30%Fixed Deposit



Total 9.79%


Total 1.09%



Total -0.50%


TOP SECTORS

16.11%

14.47%

9.79%

9.22%

9.08%

8.14%

7.89%

5.34%

4.30%

3.97%

3.34%

3.08%

2.69%

1.69%

0.59%

0.30%



Unrated

Telecom - Services

Petroleum Products

Industrial Products

Cement

Chemicals

Transportation

Finance

Gas

Power

Construction

Minerals/Mining

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@risk free rate (FBIL Overnight MIBOR) 6.79 ^ Rebranding of all its existing indices to include “Nifty” in the name of its indices effective November 9, 2015.

8

30th October, 2015


Baroda Pioneer Banking and Financial Services Fund

Investors understand that their principal will be atHigh risk

This product is suitable for investors who are seeking*• Capital appreciation over long term• Investment predominantly in equity and equity related

securities of companies engaged in the Banking & Financial Services Sector* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


The investment objective is to generate long-term capital appreciation for unit holders from a portfolio invested predominantly in equity and equity related securities of companies engaged in the Banking & Financial Services Sector.

FUND DETAILS

Type of Scheme An Open Ended Sectoral SchemeDate of Allotment June 22, 2012Fund Manager# Mr. Dipak Acharya

(Experience 12 yrs)

Benchmark Nifty Bank Index*Monthly Average AUM (`) 49.03 CrsMonth end AUM (`) 47.93 Crs Minimum Investment ` 5,000/- & in multiples of ` 1/-

thereafter

Entry Load NilExit Load Exit Load - 1.00% if redeemed on

or before 365 days from the date of allotment of units, Nil if redeemed after 365 days from the date of allotment

Plans

Option





NAV AS ON 30 OCTOBER 2015NAV (Per Unit) `Plan AGrowth 14.8600Dividend 13.8200Bonus 14.8600Plan B - DirectGrowth 15.2300Dividend 14.1700Bonus NA


PORTFOLIO


% to Net Assets








Kotak Mahindra BankLimited

Banks 7.89%


Sundaram Finance Limited Finance 3.10%


DCB Bank Limited Banks 1.81%

Bajaj Finance Limited Finance 1.09%


Finance 0.93%

Total 98.41%


Total 1.80%



Total -0.21%


TOP SECTORS

93.29%

5.12%

1.59%

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@risk free rate (FBIL Overnight MIBOR) 6.79 ^ Rebranding of all its existing indices to include “Nifty” in the name of its indices effective November 9, 2015.

9

30th October, 2015


Baroda Pioneer Balance Fund


This product is suitable for investors who are seeking*• Capital appreciation along with stability over long term• Investment predominantly in equity and equity related

instruments with balance exposure to money market instruments and debt securities.* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


The scheme is targeted for long-term capital appreciation along with stability through a well balanced portfolio comprising of equity,equity related instruments, money market instrument and debt securities.

FUND DETAILS

Type of Scheme An Open Ended Balanced Scheme


Fund Manager# Mr. Sanjay Chawla& (Experience 25 yrs) Mr. Dipak Acharya (Experience 12 yrs)

Benchmark CRISIL Balance Fund Index




Entry Load NilExit Load 1% if redeemed on or before 365

days from the date ofallotment, Nil if redeemed after 365 days from the dateof allotment of units

Plans

Option



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


NAV AS ON 30 OCTOBER 2015NAV (Per Unit) `Plan AGrowth 42.4600Dividend 19.3700Bonus 42.4600Plan B - DirectGrowth 43.6800Dividend 20.1900


$ 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@risk free rate (FBIL Overnight MIBOR) 6.79 & Mr. Chawla is managing the Scheme along with Mr. Acharya effective November 1, 2015

PORTFOLIO


% to Net


Listed / awaiting listing on the stock exchangesInfosys Limited Software 4.65%HDFC Bank Limited Banks 4.33%Tata Consultancy Services Limited Software 3.78%Reliance Industries Limited Petroleum Products 2.87%

United Spirits Limited Consumer Non Durables 2.86%

IndusInd Bank Limited Banks 2.76%Yes Bank Limited Banks 2.76%Axis Bank Limited Banks 2.52%Maruti Suzuki India Limited Auto 2.29%State Bank of India Banks 2.05%Hindustan Petroleum Corporation Limited Petroleum Products 1.98%

Tata Motors Limited Auto 1.90%ICICI Bank Limited Banks 1.89%Coal India Limited Minerals/Mining 1.65%Tech Mahindra Limited Software 1.63%Eicher Motors Limited Auto 1.61%Larsen & Toubro Limited Construction Project 1.60%Grasim Industries Limited Cement 1.41%Zee Entertainment Enterprises Limited

Media & Entertainment 1.36%

Cipla Limited Pharmaceuticals 1.20%Glenmark Pharmaceuticals Limited Pharmaceuticals 1.20%Adani Ports and Special Economic Zone Limited Transportation 1.19%


Bajaj Corp Limited Consumer Non Durables 0.91%

Castrol India Limited Petroleum Products 0.90%Mahindra & Mahindra Limited Auto 0.90%Aurobindo Pharma Limited Pharmaceuticals 0.89%

Crompton Greaves Limited Industrial Capital Goods 0.86%

Multi Commodity Exchange of India Limited Finance 0.81%


Sintex Industries Limited Industrial Products 0.77%

Berger Paints (I) Limited Consumer Non Durables 0.74%

Bank of Baroda Banks 0.73%HCL Technologies Limited Software 0.66%

Asian Paints Limited Consumer Non Durables 0.63%

FAG Bearings India Limited Industrial Products 0.63%Sadbhav Engineering Limited Construction Project 0.60%The Ramco Cements Limited Cement 0.59%Cummins India Limited Industrial Products 0.59%

D.B.Corp Limited Media & Entertainment 0.57%

Motherson Sumi Systems Limited Auto Ancillaries 0.56%City Union Bank Limited Banks 0.55%

Alstom T&D India Limited Industrial Capital Goods 0.54%

Godrej Consumer Products Limited Consumer Non Durables 0.46%

Lupin Limited Pharmaceuticals 0.44%

TD Power Systems Limited Industrial Capital Goods 0.39%

Cadila Healthcare Limited Pharmaceuticals 0.38%Whirlpool of India Limited Consumer Durables 0.32%Alembic Pharmaceuticals Limited Pharmaceuticals 0.31%PNC Infratech Limited Construction 0.27%

Dabur India Limited Consumer Non Durables 0.25%

Britannia Industries Limited Consumer Non Durables 0.24%

Dish TV India Limited Media & Entertainment 0.24%

Karur Vysya Bank Limited Banks 0.23%Gujarat Gas Limited Gas 0.21%Jk Lakshmi Cement Limited Cement 0.21%DCB Bank Limited Banks 0.20%

Nestle India Limited Consumer Non Durables 0.19%

Divi's Laboratories Limited Pharmaceuticals 0.17%

Alstom India Limited Industrial Capital Goods 0.06%

Total 69.37%

MONEY MARkET INSTRUMENTCertificate of Deposit**Canara Bank CRISIL A1+ 3.26%Total 3.26%Commercial Paper**Housing Development Finance Corporation Limited CRISIL A1+ 3.69%

Small Industries Development Bank of India CRISIL A1+ 3.24%

Total 6.93%CENTRAL GOVERNMENT SECURITIES8.40% CGL 2024 SOV 0.31%8.24% CGL 2027 SOV 0.20%

PORTFOLIO


% to Net

8.83% CGL 2023 SOV 0.08%8.60% CGL 2028 SOV 0.02%8.28% CGL 2027 SOV 0.02%Total 0.63%BONDS & NCDsListed / awaiting listing on the stock exchangesPiramal Enterprises Limited CRISIL AA 2.58%Muthoot Fincorp Limited CRISIL A 1.91%Aspire Home Finance Corporation Limited CRISIL A+ 1.90%

India Infoline Housing Finance Limited CRISIL AA- 1.74%

Capital First Limited CARE AA+ 1.52%Piramal Enterprises Limited ICRA AA 1.52%IDFC Limited CRISIL AAA 0.76%Piramal Enterprises Limited ICRA AA 0.76%Nabha Power Limited CRISIL AAA 0.41%Vedanta Limited CRISIL AA 0.15%India Infoline Housing Finance Limited CRISIL AA 0.10%

Power Grid Corporation of India Limited CRISIL AAA 0.10%

Power Finance Corporation Limited CRISIL AAA 0.08%Nabha Power Limited CRISIL AAA 0.08%Rural Electrification Corporation Limited CRISIL AAA 0.08%

JSW Steel Limited CARE AA 0.05%India Infoline Housing Finance Limited ICRA AA 0.03%

Total 13.77%Fixed DepositCitibank N.A. Unrated 2.18%Citibank N.A. Unrated 1.51%Total 3.69%CBLO / Reverse Repo Investments 0.59%Total 0.59%Cash & Cash EquivalentsNet Receivable/Payable 1.76%Total 1.76%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 defined in SEBI Regulations and Guidelines.

TOP SECTORS

18.02%10.72%

10.19%6.70%6.28%

5.75%4.59%

3.69%3.00%2.83%

2.35%2.31%2.20%2.17%1.99%1.91%1.90%1.85%1.74%1.65%1.52%1.51%1.19%1.09%0.81%0.63%0.56%0.32%0.27%0.21%0.05%

BanksSoftware

CRISIL A1+Auto

Consumer Non DurablesPetroleum Products

PharmaceuticalsUnratedCement

CRISIL AACash & Equivalent

ICRA AAConstruction Project

Media & EntertainmentIndustrial Products

CRISIL ACRISIL A+

Industrial Capital GoodsCRISIL AA-

Minerals/MiningCARE AA+

CRISIL AAATransportation

ChemicalsFinance

SOVAuto Ancillaries

Consumer DurablesConstruction

GasCARE AA

An Open Ended Balanced Scheme

10

30th October, 2015


Baroda Pioneer Monthly Income Plan (MIP) Fund

Investors understand that their principal will be at Moderate risk

This product is suitable for investors who are seeking*• Regular Income and capital appreciation over medium

term with providing liquidity• Investment in debt and money market instruments and

in equity and equity related instruments.* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


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

FUND DETAILS

Type of Scheme An Open Ended Income Scheme with no assured returns.


Fund Manager Ms. Hetal Shah#

(Experience 12 yrs)

Benchmark CRISIL MIP Blended Index



Minimum Investment ` 5,000/- & in multiples of ` 1.000/- thereafter

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$


NAV AS ON 30 OCTOBER 2015NAV (Per Unit) `Plan AGrowth 18.9581Dividend - Monthly 13.1796Dividend - Quarterly 12.9000Plan B - DirectGrowth 19.4256Dividend - Quarterly 13.0252Dividend - Monthly 13.2761

PORTFOLIO CHARACTERISTIC

Average Maturity (Days) 952.50Modified Duration (Years) 1.62Portfolio Yield (%) 7.50


$ 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*Monthly income is not assured and is subject to the availability of distributable surplus.

PORTFOLIO


% to Net Assets

EQUITY & EQUITY RELATEDListed / awaiting listing on the stock exchanges

Infosys Limited Software 0.83%Tata Consultancy Services Limited

Software 0.82%




Maruti Suzuki India Limited Auto 0.65%

Solar Industries India Limited Chemicals 0.62%



Kotak Mahindra Bank Limited Banks 0.50%

Kansai Nerolac Paints Limited Consumer Non Durables 0.46%

Crompton Greaves LimitedIndustrial Capital Goods

0.45%

Marico LimitedConsumer Non Durables

0.43%


Petroleum Products

0.42%



Dish TV India LimitedMedia & Entertainment

0.39%

Glenmark Pharmaceuticals Limited

Pharmaceuticals 0.36%Motherson Sumi SystemsLimited


United Spirits LimitedConsumer Non Durables

0.35%Multi Commodity Exchange of India Limited

Finance 0.33%




Indraprastha Gas Limited Gas 0.27%

Larsen & Toubro LimitedConstruction Project

0.26%


Whirlpool of India LimitedConsumer Durables

0.23%

Thermax LimitedIndustrial Capital Goods

0.22%

Divi's Laboratories Limited Pharmaceuticals 0.21%Kalpataru Power Transmission Limited

Power 0.19%

Aurobindo Pharma Limited Pharmaceuticals 0.15%



0.15%

Nestle India LimitedConsumer Non Durables

0.11%

Total 13.92%MONEY MARkET INSTRUMENTCertificate of Deposit**Canara Bank CRISIL A1+ 10.73%Total 10.73%Commercial Paper**Small Industries Development Bank of India

CRISIL A1+ 10.68%

Total 10.68%CENTRAL GOVERNMENT SECURITIES8.60% CGL 2028 SOV 11.62%9.47% SDL 2024 SOV 3.98%8.24% CGL 2027 SOV 1.88%Total 17.48%BONDS & NCDsListed / awaiting listing on the stock exchangesNabha Power Limited CRISIL AAA 8.14%Rural Electrification Corporation Limited

CRISIL AAA 3.36%

Total 11.50%Fixed DepositCitibank N.A. Unrated 1.66%

PORTFOLIO


% to Net Assets

Citibank N.A. Unrated 1.35%Total 3.01%CBLO / Reverse Repo Investments 21.00%Total 21.00%Cash & Cash EquivalentsNet Receivable/Payable 11.68%Total 11.68%Grand Total 100.00%All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND.

RATING PROFILE

32.68%

21.41%

17.48%

11.50%

3.42%

3.01%

1.95%

1.36%

1.35%

1.23%

1.03%

0.67%

0.58%

0.54%

0.42%

0.36%

0.33%

0.26%

0.23%

0.19%

Cash & Equivalent

CRISIL A1+

SOV

CRISIL AAA

Banks

Unrated

Software

Auto


Pharmaceuticals

Chemicals


Gas


Petroleum Products

Auto Ancillaries

Finance


Consumer Durables

Power

INSTRUMENTS

21.00%

17.48%

13.92%11.68%

11.50%

10.73%

10.68%

3.01%CBLO / ReverseRepo InvestmentsCENTRALGOVERNMENTSECURITIESEQUITY & EQUITYRELATEDCash & CashEquivalents

BONDS & NCDs

Certificate ofDepositCommercial PaperFixed Deposit

An Open Ended Income Scheme with no assured returns.(Monthly income is not assured and is subject to the availability of distributable surplus.)

11

30th October, 2015


Baroda Pioneer Credit Opportunities Fund


This product is suitable for investors who are seeking*• Income over medium term.• Investment in a mix of debt and money market

instruments across the credit and maturity spectrum.* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


The primary objective of the Scheme is to generate returns by investing in debt and money market instruments across the credit spectrum. There is no assurance or guarantee that the investment objective of the Scheme will be realized.

FUND DETAILS

Type of Scheme An Open Ended Debt Scheme

Date of Allotment January 23, 2015

Fund Manager Mr. Alok Sahoo#

(Experience 13 yrs), Ms. Hetal Shah#

(Experience 12 yrs)

Benchmark CRISIL Short Term Bond Fund Index


73.34 Crs



Entry Load NA

Exit Load 1%, if redeemed on or before 365 days from the date of allotment of Units. Nil, if redeemed after 365 days from the date of allotment of Units.


Options • Growth• Monthly Dividend 1.Payout 2.Reinvestment• Quarterly Dividend 1.Payout 2.Reinvestment• Bonus Option$




TOTAL EXPENSE RATIO

Plan A 1.83%Plan B (Direct) 0.53%

$ 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

PORTFOLIO


% to Net Assets

MONEY MARkET INSTRUMENT

Commercial Paper**Peninsula Land Limited ICRA A1 12.51%

Total 12.51%

CENTRAL GOVERNMENT SECURITIES8.40% CGL 2024 SOV 4.09%

Total 4.09%

BONDS & NCDsListed / awaiting listing on the stock exchanges

IIFL Realty Limited CRISIL AA- 13.53%

Edelweiss Commodities Services Limited

ICRA AA 13.15%

Aspire Home Finance Corporation Limited

CRISIL A+ 10.55%

Piramal Enterprises Limited ICRA AA 7.88%

Muthoot Fincorp Limited CRISIL A 6.61%

Vedanta Limited CRISIL AA 6.45%

JSW Steel Limited CARE AA 6.21%

India Infoline Housing Finance Limited

CRISIL AA- 5.25%



IDBI Bank Limited CRISIL AA- 0.66%

Total 79.07%

CBLO /Reverse Repo investments 2.59%

Total 2.59%



Total 1.74%

Grand Total 100.00%


RATING PROFILE

21.03%

19.44%

12.51%

11.38%

10.55%

10.22%

6.45%

4.33%

4.09%

ICRA AA

CRISIL AA-

ICRA A1

CRISIL A

CRISIL A+

CARE AA

CRISIL AA

Cash & Equivalent

SOV

INSTRUMENTS

79.07%

12.51%

4.09%

2.59% 1.74%

BONDS & NCDs

Commercial Paper

CENTRALGOVERNMENTSECURITIES

CBLO / Reverse RepoInvestments

Cash & CashEquivalents

NAV AS ON 30 OCTOBER 2015

NAV (Per Unit) `Plan ABonus 10.8521Growth 10.8521Dividend - Quarterly 10.4220Dividend - Monthly 10.4951Plan B - DirectBonus 10.9479Growth 10.9479Dividend - Quarterly 10.5166Dividend - Monthly 10.5901

An Open Ended Debt Scheme

12

30th October, 2015


Baroda Pioneer Gilt Fund


This product is suitable for investors who are seeking*• Credit risk free regular Income over long term• Investment only in Government (both Central and State

Government) Securities* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


To generate income by investing in a portfolio of Government securities.

FUND DETAILS

Type of Scheme An Open Ended Gilt Scheme

Date of Allotment March 21, 2002


(Experience 12 yrs)

Benchmark I SEC-MI BEX


59.41 Crs



Entry Load Nil

Exit Load 0.25% if redeemed on or before 1 month (30 days) from the date of allotment. Nil if redeemed after 1 month (30 days) from the date of allotment


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



NAV (Per Unit) `Plan AGrowth 22.8674Dividend 19.8432Plan B - DirectGrowth 23.5424Dividend 20.3810



TOTAL EXPENSE RATIO


PORTFOLIO


% to Net Assets

CENTRAL GOVERNMENT SECURITIES

8.60% CGL 2028 SOV 23.08%

7.88% CGL 2030 SOV 17.34%

8.15% CGL 2026 SOV 7.26%

9.47% SDL 2024 SOV 7.18%

8.33% CGL 2026 SOV 5.98%

8.24% CGL 2027 SOV 5.43%

9.39% SDL 2023 SOV 4.46%

8.28% CGL 2027 SOV 4.09%

8.83% CGL 2023 SOV 2.10%

8.40% CGL 2024 SOV 1.89%

Total 78.81%


Total 11.09%



Total 10.10%

Grand Total 100.00%


RATING PROFILE

78.81%

21.19%

SOV

Cash & Equivalent

INSTRUMENTS

78.81%

11.09%

10.10%





An Open Ended Gilt Scheme

13

30th October, 2015


Baroda Pioneer Income Fund


This product is suitable for investors who are seeking*• Regular Income over long term• Investment predominantly in good quality Fixed Income

Securities by maintaining a balance between Risk & Return.* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


To generate regular income by investing in a portfolio of good quality Fixed Income Securities by maintaining a balance between Risk & Return.

FUND DETAILS

Type of Scheme An Open Ended Income Scheme

Date of Allotment March 21, 2002


(Experience 12 yrs)

Benchmark CRISIL Composite Bond Fund Index


23.73 Crs



Entry Load Nil

Exit Load 1% if redeemed on or before 365 days from the date of allotment. Nil if redeemed after 365 days from the date of allotment


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



NAV (Per Unit) `Plan AGrowth 22.6430Dividend 22.6430Plan B - DirectGrowth 23.2417



TOTAL EXPENSE RATIO


PORTFOLIO


% to Net Assets


8.60% CGL 2028 SOV 37.42%

8.40% CGL 2024 SOV 15.74%

8.33% CGL 2026 SOV 6.53%

8.83% CGL 2023 SOV 3.56%

9.35% SDL 2024 SOV 3.44%

8.58% SDL 2023 SOV 3.08%

9.39% SDL 2023 SOV 1.97%

Total 71.74%

BONDS & NCDs



Vijaya Bank CRISIL AA- 8.35%

Total 21.01%


Total 4.25%



Total 3.00%

Grand Total 100.00%


RATING PROFILE

71.74%

21.01%

7.25%

SOV

CRISIL AA-

Cash & Equivalent

INSTRUMENTS

71.74%

21.01%

4.25% 3.00%


BONDS & NCDs




An Open Ended Income Scheme

14

30th October, 2015


Baroda Pioneer Dynamic Bond Fund


This product is suitable for investors who are seeking*• Regular Income over medium term with providing

liquidity• Investment in medium to long term corporate bonds

and / or government securities and manage the portfolio dynamically through different interest rate cycles* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


The investment objective of the scheme is to generate returns with liquidity by managing the portfolio dynamically through interest rate cycles.

FUND DETAILS


Date of Allotment June 30, 2012

Fund Manager Mr. Alok Sahoo# (Experience 13 yrs), Ms. Hetal Shah# (Experience 12 yrs)





Entry Load Nil

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


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






TOTAL EXPENSE RATIO


PORTFOLIO


% to Net Assets


8.15% CGL 2026 SOV 12.92%

9.72% SDL 2023 SOV 12.17%

9.47% SDL 2024 SOV 12.05%

8.17% CGL 2044 SOV 11.49%

7.88% CGL 2030 SOV 10.29%

8.28% CGL 2027 SOV 5.71%

8.83% CGL 2023 SOV 3.52%

8.60% CGL 2028 SOV 0.70%

8.40% CGL 2024 SOV 0.69%

Total 69.54%

BONDS & NCDs


Vijaya Bank CRISIL AA- 6.59%



Total 16.02%


Total 1.11%



Total 13.33%

Grand Total 100.00%


RATING PROFILE

69.54%

14.44%

9.92%

6.10%

SOV

Cash & Equivalent

CRISIL AA-

CARE AA

INSTRUMENTS

69.54%

16.02%

13.33%1.11%


BONDS & NCDs





15

30th October, 2015


Baroda Pioneer Short Term Bond Fund

Investors understand that their principal will be at Moderately Low risk

This product is suitable for investors who are seeking*• 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 doubt about whether the product is suitable for them.


The objective of the Scheme is to generate income from a portfolio constituted of short term debt and money market securities.

FUND DETAILS




Benchmark CRISIL Short Term Bond Fund Index




Entry Load Nil

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


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






TOTAL EXPENSE RATIO


PORTFOLIO


% to Net Assets


Certificate of Deposit**

S.D. Corporation Private Limited

CRISIL A1+ 6.63%

Total 6.63%

BONDS & NCDs


Indiabulls Housing Finance Limited

CRISIL AAA 13.41%

Vedanta Limited CRISIL AA 10.95%


CRISIL AAA 9.24%

Power Finance Corporation Limited

CRISIL AAA 8.39%




India Infoline Finance Limited ICRA AA 4.56%


Aspire Home Finance Corporation Limited

CRISIL A+ 3.37%

India Infoline Finance Limited ICRA AA 3.01%

India Infoline Housing Finance Limited

CRISIL AA- 2.34%


CRISIL AAA 2.27%


CRISIL AAA 1.36%

Power Grid Corporation of India Limited

CRISIL AAA 1.14%

Indiabulls Housing Finance Limited

CRISIL AAA 0.22%

Total 83.18%


Total 7.01%



Total 3.18%

Grand Total 100.00%


RATING PROFILE

36.03%

18.74%

10.95%

10.19%

6.81%

6.63%

4.94%

3.37%

2.34%

CRISIL AAA

ICRA AA

CRISIL AA

Cash & Equivalent

CARE AA

CRISIL A1+

CRISIL A

CRISIL A+

CRISIL AA-

INSTRUMENTS

83.18%

7.01%

6.63%3.18%

BONDS & NCDs


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# 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

30th October, 2015


Baroda Pioneer Public Sector Undertaking (PSU) Bond Fund


This product is suitable for investors who are seeking*• Regular Income over medium term with lower risk

exposure• Investment predominantly in Fixed Income instruments

of Public Sector Undertakings (PSUs) - banks, financialinstitutions & companies.* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


The investment objective is to generate stable returns with lower risk by investing in Fixed Income instruments of Public Sector Undertakings (PSUs) - banks, financial institutions & companies.

FUND DETAILS


Date of Allotment December 24, 2009






Entry Load Nil

Exit Load Nil


Options • Growth• Monthly Dividend 1.Payout 2.Reinvestment• Quarterly Dividend 1.Payout 2.Reinvestment• Bonus Option$



NAV (Per Unit) `Plan AGrowth 15.4713Dividend - Monthly 10.2049Dividend - Quarterly 10.4221Plan B - DirectGrowth 15.5849Dividend - Monthly 10.2057Dividend - Quarterly NA



TOTAL EXPENSE RATIO


PORTFOLIO


% to Net Assets



IDBI Bank Limited CRISIL A1+ 16.84%

Total 16.84%


8.83% CGL 2023 SOV 17.82%

8.60% SDL 2023 SOV 2.33%

Total 20.15%

BONDS & NCDs


Power Finance Corporation Limited

CRISIL AAA 22.31%

Power Grid Corporation of India Limited

CRISIL AAA 17.23%


CRISIL AAA 17.21%

Total 56.75%


Total 2.88%



Total 3.38%

Grand Total 100.00%


RATING PROFILE

56.75%

20.15%

16.84%

6.26%

CRISIL AAA

SOV

CRISIL A1+

Cash & Equivalent

INSTRUMENTS

56.75%

20.15%

16.84%

3.38% 2.88%BONDS & NCDs


Certificate ofDeposit





17

30th October, 2015


[ICRA] A1+ mfs*Baroda Pioneer Treasury Advantage 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 Treasury Advantage Fund (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 at Moderately Low risk

This product is suitable for investors who are seeking*• Regular income over short term with maintaining a

balance 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 doubt about whether the product is suitable for them.


The main objective of the scheme is to provide optimal returns and liquidity through a portfolio comprising of debt securities and money market instruments

FUND DETAILS





(Experience 12 yrs)

Benchmark CRISIL Liquid Fund Index


2072.89 Crs



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$




TOTAL EXPENSE RATIO


PORTFOLIO


% to Net Assets



Oriental Bank of Commerce CRISIL A1+ 6.80%Dena Bank CRISIL A1+ 4.53%Corporation Bank CRISIL A1+ 3.63%ICICI Bank Limited CRISIL A1+ 2.21%Axis Bank Limited CRISIL A1+ 2.21%Andhra Bank CARE A1+ 1.81%Oriental Bank of Commerce CRISIL A1+ 1.80%Axis Bank Limited CRISIL A1+ 1.11%Canara Bank CRISIL A1+ 1.10%Total 25.20%

Commercial Paper**Piramal Enterprises Limited ICRA AA 4.51%Indiabulls Housing Finance Limited CRISIL A1+ 4.49%Housing Development Finance Corporation Limited CRISIL A1+ 4.43%

S.D. Corporation Private Limited CARE A1+ 2.34%Edelweiss Commodities Services Limited CRISIL A1+ 2.25%Edelweiss Financial Services Limited CRISIL A1+ 2.25%Housing Development Finance Corporation Limited CRISIL A1+ 2.25%

Housing Development Finance Corporation Limited ICRA A1+ 2.25%

Peninsula Land Limited ICRA A1 2.25%S.D. Corporation Private Limited CARE A1+ 2.22%Shapoorji Pallonji & Company Private Limited ICRA A1+ 2.21%

Peninsula Land Limited ICRA A1 1.30%Housing Development Finance Corporation Limited ICRA A1+ 1.12%

Housing Development Finance Corporation Limited ICRA A1+ 1.12%

Small Industries Development Bank of India CARE A1+ 1.10%

S.D. Corporation Private Limited CARE A1+ 1.07%Peninsula Land Limited ICRA A1 0.65%Total 37.81%

Treasury Bill

TBILL 91 DAY 18 Dec 2015 SOV 3.37%

Total 3.37%

BONDS & NCDs

Listed / awaiting listing on the stock exchangesCapital First Limited CARE AA+ 3.41%Capital First Limited CARE AA+ 2.96%India Infoline Housing Finance Limited CRISIL AA- 2.44%India Infoline Housing Finance Limited CRISIL AA- 2.32%Aspire Home Finance Corporation Limited CRISIL A+ 2.22%

Piramal Enterprises Limited ICRA AA 1.82%Muthoot Fincorp Limited CRISIL A 1.79%JSW Steel Limited CARE AA 1.71%Power Finance Corporation Limited CRISIL AAA 1.18%Power Finance Corporation Limited CRISIL AAA 1.14%Indiabulls Housing Finance Limited CARE AAA 1.14%Piramal Enterprises Limited ICRA AA 1.13%Piramal Enterprises Limited ICRA AA 1.00%India Infoline Housing Finance Limited CRISIL AA- 0.94%Indiabulls Housing Finance Limited CRISIL AAA 0.86%Muthoot Fincorp Limited CRISIL A 0.57%India Infoline Finance Limited ICRA AA 0.56%Powergrid Vizag Transmission Limited CRISIL AAA 0.46%Power Finance Corporation Limited CRISIL AAA 0.46%Rural Electrification Corporation Limited CRISIL AAA 0.35%Nabha Power Limited CRISIL AAA 0.33%Power Grid Corporation of India Limited CRISIL AAA 0.32%Steel Authority of India Limited CARE AAA 0.23%IDFC Limited CRISIL AAA 0.23%Power Grid Corporation of India Limited CRISIL AAA 0.21%Aspire Home Finance Corporation Limited CRISIL A+ 0.20%

Cholamandalam Investment andFinance Company Limited ICRA AA 0.14%

NHPC Limited CRISIL AAA 0.12%India Infoline Housing Finance Limited CRISIL AA- 0.05%India Infoline Housing Finance Limited CRISIL AA- 0.05%Rural Electrification Corporation Limited CRISIL AAA 0.05%Hdb Financial Services Limited CRISIL AAA 0.01%Total 30.40%Fixed DepositKarur Vysya Bank Limited Unrated 1.81%

PORTFOLIO


% to Net Assets

Total 1.81%CBLO / Reverse Repo Investments 0.32%Total 0.32%Cash & Cash EquivalentsNet Receivable/Payable 1.09%Total 1.09%Grand Total 100.00%


RATING PROFILE

39.06%

11.21%

8.54%

7.02%

6.37%

5.72%

4.20%

3.37%

2.49%

2.42%

2.36%

1.81%

1.71%

1.41%

1.37%

0.94%

CRISIL A1+

ICRA A1+

CARE A1+

ICRA AA

CARE AA+

CRISIL AAA

ICRA A1

SOV

CRISIL AA-

CRISIL A+

CRISIL A

Unrated

CARE AA

Cash & Equivalent

CARE AAA

CRISIL AA

INSTRUMENTS

37.81%

30.40%

25.20%

3.37%

1.81% 1.09%

0.32%Commercial Paper

BONDS & NCDs


Treasury Bill

Fixed Deposit




NAV (Per Unit) `RegularGrowth 1649.3881Dividend - Daily 1002.7120Dividend - Weekly 1002.6216Dividend - Monthly 1003.5895Dividend - Quarterly 1119.9541Plan ABonus 1668.6747Growth 1678.2810Dividend - Daily 1027.4856Dividend - Weekly 1020.4459Dividend - Monthly 1003.8145Dividend - Quarterly

Plan B - DirectBonus 1691.3493Growth 1691.4786Dividend - Daily 1008.8997Dividend - Weekly 1002.7868Dividend - Monthly 1003.8975Dividend - Quarterly 1019.9176

1018.5044


18

30th October, 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 (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 atLow risk

This product is suitable for investors who are seeking*

• Regular income over short term with high level of liquidity

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


To generate income with a high level of liquidity by investing in a portfolio of money market and debt securities.

FUND DETAILS

Type of Scheme An Open Ended Liquid Scheme

Date of Allotment February 5, 2009



(Experience 12 yrs)

Benchmark CRISIL Liquid Fund Index


5438.00 Crs



Entry Load Nil

Exit Load Nil


Options • Growth• Daily Dividend 1.Reinvestment• Weekly Dividend 2.Payout 3.Reinvestment• Bonus Option$





PORTFOLIO


% to Net Assets


Certificate of Deposit**Corporation Bank CRISIL A1+ 5.99%

IDBI Bank Limited CRISIL A1+ 3.89%

Axis Bank Limited CRISIL A1+ 2.00%

Corporation Bank CRISIL A1+ 2.00%

Oriental Bank of Commerce CRISIL A1+ 0.90%

Corporation Bank CRISIL A1+ 0.40%

Oriental Bank of Commerce CRISIL A1+ 0.20%

Total 15.38%

Commercial Paper**Export Import Bank Of India CRISIL A1+ 9.98%

National Bank for Agriculture & Rural Development

CRISIL A1+ 9.97%

IIFL Realty Limited ICRA A1+ 5.38%

PNB Housing Finance Limited CRISIL A1+ 3.99%

Sundaram Finance Limited CRISIL A1+ 2.99%Indiabulls Housing Finance Limited CRISIL A1+ 2.98%

Tata Capital Housing FinanceLimited

CRISIL A1+ 2.01%

Edelweiss Financial Services Limited ICRA A1+ 2.00%Edelweiss Commodities Services Limited

CRISIL A1+ 2.00%

Piramal Enterprises Limited ICRA A1+ 2.00%India Infoline Housing Finance Limited

ICRA A1+ 2.00%

Hdb Financial Services Limited CARE A1+ 2.00%Rural Electrification Corporation Limited

CRISIL A1+ 2.00%

Housing Development Finance Corporation Limited

CRISIL A1+ 1.99%

Dewan Housing FinanceCorporation Limited

CARE A1+ 1.99%

Edelweiss Commodities Services Limited

CRISIL A1+ 1.00%

Edelweiss Financial Services Limited CRISIL A1+ 1.00%

Tata Capital Housing FinanceLimited

CRISIL A1+ 1.00%

Bilt Graphic Paper Products Limited IND A1+ 0.99%

Bilt Graphic Paper Products Limited IND A1+ 0.99%

IIFL Wealth Management Limited ICRA A1+ 0.80%

Afcons Infrastructure Limited CRISIL A1+ 0.50%

Afcons Infrastructure Limited CRISIL A1+ 0.50%

IIFL Realty Limited ICRA A1+ 0.20%

Total 60.26%

Treasury Bill

TBILL 91 DAY 26 Nov 2015 SOV 6.35%



Total 15.03%

Fixed Deposit

RBL Bank Limited Unrated 1.51%



Total 3.51%

CBLO /Reverse Repo investments 5.82%

Total 5.82%



PORTFOLIO


% to Net Assets

Total 0.00%

Grand Total 100.00%


RATING PROFILE

57.29%

15.03%

12.38%

5.82%

3.99%

3.51%

1.98%

CRISIL A1+

SOV

ICRA A1+

Cash & Equivalent

CARE A1+

Unrated

IND A1+

INSTRUMENTS

60.26%

15.38%

15.03%

5.82%3.51%

Commercial Paper


Treasury Bill


Fixed Deposit


NAV (Per Unit) `RegularGrowth 2495.0858Dividend 2137.6832Dividend - Daily 1006.0600Plan ABonus 1667.2504Growth 1678.5947Dividend - Daily 1001.1191Dividend - Weekly 1000.8764Dividend - Monthly -Plan B - DirectGrowth 1682.6354Dividend - Daily 1001.1191Dividend - Weekly 1222.1523Bonus 1682.9235

An Open Ended Liquid Scheme

19

30th October, 2015


Investment Performance

Funds Managed by Mr. Sanjay Chawla & Mr. Dipak Acharya

Date Of Inception: 12/09/2003 Sep 2014 - Sep 2015&

Sep 2013- Sep 2014&

Sep 2012 - Sep 2013&

Since Inception@Scheme Name & Benchmark

Nav Per Unit (`) 69.73 46.55 48.18 10.00

Baroda Pioneer Growth Fund (in %)^ 8.75 49.80 -3.38 18.30

Nifty 100 (Scheme Benchmark) (in %) 2.05 40.63 0.68 16.27

CNX Nifty (Standard Benchmark) (in %)$ -0.20 38.87 0.56 15.68

` 10,000, if invested in BPGF, would have become NA NA NA `75,830

` 10,000, if invested in Nifty 100, would have become NA NA NA `61,603

` 10,000, if invested in CNX Nifty, would have become NA NA NA `57,932

^Past performance may or may not be sustained in the future.Data is for Growth Option and the last working day of September has been considered in all cases. Returns have been computed assuming that all payouts during the period have been reinvested 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 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 the start of the period.


Sep 2013- Sep 2014&

Sep 2012 - Sep 2013&


Nav Per Unit (`) 102.64 67.21 68.52 10.00

Baroda Pioneer ELSS’ 96 Fund (in %)^ 5.21 52.71 -1.91 12.97

S&P BSE Sensex (Scheme Benchmark) (in %) -1.79 37.41 3.29 11.08


`10,000, if invested in BPELSS’96F, would have become NA NA NA `1,07,988

`10,000, if invested in S&P BSE Sensex, would have become NA NA NA `77,689

`10,000, if invested in CNX Nifty, would have become NA NA NA `80,675

^Past performance may or may not be sustained in the future.Data is for Dividend Option and the last working day of September has been considered in all cases. Returns have been computed assuming that all payouts during the period have been reinvested 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 the start of the period.


Sep 2013- Sep 2014&

Sep 2012 - Sep 2013&


Nav Per Unit (`) 39.98 29.04 29.13 10.00

Baroda Pioneer Balance Fund (in %)^ 6.20 37.67 -0.31 12.74

CRISIL Balanced Fund Index (Scheme Benchmark) (in %) 4.38 28.89 1.87 12.77


`10,000, if invested in BPBF, would have become NA NA NA `42,460

`10,000, if invested in CRISIL Balanced Fund Index, would have become NA NA NA `42,610



Funds Managed by Mr. Dipak Acharya


Sep 2013- Sep 2014&

Sep 2012 - Sep 2013&


Nav Per Unit (`) 13.62 8.78 10.78 10.00

Baroda Pioneer Banking and Financial Services Fund (in %)^ 10.28 55.13 -18.55 13.23

Nifty Bank Index (Scheme Benchmark) (in %) 11.85 60.04 -16.05 17.91


`10,000, if invested in BPBFSF, would have become NA NA NA `15,020

`10,000, if invested in Nifty Bank Index, would have become NA NA NA `17,151



20

30th October, 2015



Funds Managed by Mr. Dipak Acharya


Sep 2013- Sep 2014&

Sep 2012 - Sep 2013&


Nav Per Unit (`) 10.58 6.63 7.85 10.00

Baroda Pioneer Infrastructure Fund (in %)^ 2.46 59.58 -15.54 1.54

Nifty Infra (Scheme Benchmark) (in %) -6.48 41.45 -15.45 -3.30


`10,000, if invested in BPIF, would have become NA NA NA `10,840

`10,000, if invested in Nifty Infra, would have become NA NA NA `8,379




Sep 2013- Sep 2014&

Sep 2012 - Sep 2013&


Nav Per Unit (`) 8.44 5.62 7.40 10.00

Baroda Pioneer PSU Equity Fund (in %)^ -12.68 50.18 -24.05 -5.93

S&P BSE PSU (Scheme Benchmark) (in %) -13.98 42.90 -26.56 -8.67


`10,000, if invested in BPPSUEF, would have become NA NA NA `7,370

`10,000, if invested in S&P BSE PSU, would have become NA NA NA `6,360




Sep 2013- Sep 2014&

Sep 2012 - Sep 2013&


Nav Per Unit (`) 14.17 13.06 12.15 10.00

Baroda Pioneer PSU Bond Fund (in %)^ 8.59 8.51 7.48 7.75

CRISIL Composite Bond Fund Index (Scheme Benchmark) (in %) 12.56 11.61 3.49 8.05

CRISIL 10 Year Gilt Index (Standard Benchmark) (in %)$ 13.76 6.85 2.45 6.11

`10,000, if invested in BPPSUBF, would have become NA NA NA `15,383

`10,000, if invested in CRISIL Composite Bond Fund Index, would have become NA NA NA `15,635

`10,000, if invested in CRISIL 10 Year Gilt Index, would have become NA NA NA `14,078



Sep 2013- Sep 2014&

Sep 2012 - Sep 2013&


Nav Per Unit (`) 13.85 12.61 11.72 10.00

Baroda Pioneer Short Term Bond Fund (in %)^ 9.21 9.78 7.66 8.19

CRISIL Short Term Bond Fund Index (Scheme Benchmark) (in %) 9.90 10.12 7.78 8.51


`10,000, if invested in BPSTBF, would have become NA NA NA `15,122

`10,000, if invested in CRISIL Short Term Bond Fund Index, would have become NA NA NA `15,357



Funds Managed by Mr. Alok Sahoo, Ms Hetal Shah

21

30th October, 2015



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


Sep 2013- Sep 2014&

Sep 2012 - Sep 2013&


Nav Per Unit (`) 1535.77 1403.81 1288.64 1000.00

Baroda Pioneer Liquid Fund (in %)^ 8.62 9.40 8.94 8.00

CRISIL Liquid Fund Index (Scheme Benchmark) (in %) 8.56 9.49 8.59 7.55

CRISIL 1 year T-Bill (Standard Benchmark) (in%)$ 8.86 8.35 5.70 6.07

`10,000, if invested in BPLF, would have become NA NA NA `16,682

`10,000, if invested in CRISIL Liquid Fund Index, would have become NA NA NA `16,227

`10,000, if invested in CRISIL 1 year T-Bill, would have become NA NA NA `14,799



Sep 2013- Sep 2014&

Sep 2012 - Sep 2013&


Nav Per Unit (`) 1523.63 1389.41 1274.72 1000.00

Baroda Pioneer Treasury Advantage Fund (in %)^ 9.41 9.66 9.00 8.49

CRISIL Liquid Fund Index (Scheme Benchmark) (in %) 8.56 9.49 8.59 7.61

CRISIL 1 year T-Bill (Standard Benchmark) (in %)$ 8.86 8.35 5.70 6.22

`10,000, if invested in BPTAF, would have become NA NA NA `16,669

`10,000, if invested in CRISIL Liquid Fund Index, would have become NA NA NA `15,836

`10,000, if invested CRISIL 1 year T-Bill, would have become NA NA NA `14,601


Date of Inception: 30/06/2012 Sep 2014 - Sep 2015&

Sep 2013- Sep 2014&

Sep 2012 - Sep 2013&


Nav Per Unit (`) 11.85 10.86 10.26 10.00

Baroda Pioneer Dynamic Bond Fund (in %)^ 14.37 9.10 5.88 9.80


CRISIL 1 year T-Bill (Standard Benchmark) (in %)$ 8.86 8.35 5.70 7.67

`10,000, if invested in BPDBF, would have become NA NA NA `13,554


`10,000, if invested CRISIL 1 year T-Bill, would have become NA NA NA `12,718



Sep 2013- Sep 2014&

Sep 2012 - Sep 2013&


Nav Per Unit (`) 17.18 14.81 14.29 10.00

Baroda Pioneer Monthly Income Plan (MIP) Fund (in %)^* 10.25 16.05 3.61 5.94

CRISIL MIP Blended Index (Scheme Benchmark) (in %) 10.72 15.45 3.22 8.38


`10,000, if invested in BPMIPF, would have become NA NA NA `18,946

`10,000, if invested in CRISIL MIP Blended Index, would have become NA NA NA `24,361



Funds Managed by Ms. Hetal Shah

22

*Monthly income is not assured and is subject to the availability of distributable surplus.

30th October, 2015



Funds Managed by Ms. Hetal Shah


Sep 2013- Sep 2014&

Sep 2012 - Sep 2013&


Nav Per Unit (`) 20.07 18.44 17.53 10.00

Baroda Pioneer Gilt Fund (in %)^ 13.84 8.81 5.20 6.29

I-Sec Mi-BEX (Scheme Benchmark) (in %) 12.60 10.48 6.12 7.63

CRISIL 10 Year Gilt Index (Standard Benchmark)$ 13.76 6.85 2.45 6.54

`10,000, if invested in BPGF, would have become NA NA NA `22,842

`10,000, if invested in I-Sec Mi-BEX, would have become NA NA NA `27,056




Sep 2013- Sep 2014&

Sep 2012 - Sep 2013&


Nav Per Unit (`) 20.10 18.37 17.62 10.00

Baroda Pioneer Income Fund (in %)^ 12.34 9.40 4.26 6.20



`10,000, if invested in BPIF, would have become NA NA NA `22,575




Disclaimer Nifty Bank Index, Nifty 100 and Nifty Infra: Baroda Pioneer Growth Fund, Baroda Pioneer Infrastructure Fund and

Baroda Pioneer Banking and Financial Services Fund (“said Schemes”) offered by Baroda Pioneer Mutual Fund are not sponsored,

endorsed, sold or promoted by India Index Services & Products Limited (“IISL”). IISL does not make any representation or warranty,

express or implied (including warranties of merchantability or fitness for particular purpose or use) and disclaims all liability to the

owners of the said Schemes or any member of the public regarding the advisability of investing in securities generally or in the said

Schemes linked to Nifty Infra, Nifty 100 and Nifty Bank Index or particularly in the ability of the Nifty Infra, Nifty 100 and Nifty Bank

Index to track general stock market performance in India. Please read the full disclaimers in relation to the Nifty Infra, Nifty 100

and Nifty Bank Index in the Offer Document / Prospectus / Information Statement.

*ICRA Credit Ratings: The rating indicates highest-credit quality rating assigned by ICRA Ltd. to debt funds. Schemes with this

rating are considered to have very strong degree of safety regarding timely receipt of payments from the investments that they

have made. This rating should however not be construed as an indication of the performance of the Mutual Fund scheme or of

volatility in its returns. The rating should not be treated as a recommendation to buy, sell or hold the units issued by the Mutual

Fund.

23

30th October, 2015


SIP Returns

24

Baroda Pioneer Growth Fund 1 Year 3 Year 5 Year 7 Year Since Inception

Total Amount Invested (Rs) 1,20,000 3,60,000 6,00,000 8,40,000 14,50,000Total Value as on Sep 30, 2015 (Rs) 1,17,895 4,70,547 8,50,440 13,12,936 36,45,143Returns (%) -3.25 18.22 13.93 12.55 14.34Total Values of Nifty 100 (Rs) 1,14,795 4,31,533 7,97,773 12,92,433 32,04,497Nifty 100 Returns (%) -7.98 12.15 11.35 12.11 12.40Total Value of CNX Nifty (Rs) 1,13,491 4,20,797 7,74,864 12,47,350 30,81,609CNX Nifty Returns (%) -9.94 10.42 10.18 11.11 11.81

Baroda Pioneer ELSS’ 96 1 Year 3 Year 5 Year Since Inception

Total Amount Invested (Rs) 1,20,000 3,60,000 6,00,000 23,30,000Total Value as on Sep 30, 2015 (Rs) 1,15,656 4,65,410 8,54,078 1,09,00,412Returns (%) -6.67 17.44 14.11 14.08Total Values of S&P BSE SENSEX (Rs) 1,12,710 4,16,077 7,66,932 94,79,507 S&P BSE SENSEX Returns (%) -11.11 9.65 9.76 12.89Total Value of CNX Nifty (Rs) 1,12,710 4,16,077 7,66,932 94,79,507 CNX Nifty Returns (%) -11.11 9.65 9.76 12.89

Baroda Pioneer PSU Equity Fund 1 Year 3 Year Since Inception

Total Amount Invested (Rs) 1,20,000 3,60,000 6,00,000 Total Value as on Sep 30, 2015 (Rs) 1,03,500 3,67,048 5,91,229 Returns (%) -24.54 1.27 -0.58Total Values of S&P BSE PSU (Rs) 1,02,331 3,48,468 5,50,763 S&P BSE PSU Returns (%) -26.19 -2.11 -3.36Total Value of CNX Nifty (Rs) 1,13,491 4,20,797 7,74,831 CNX Nifty Returns (%) -9.94 10.42 10.17

Baroda Pioneer InfrastructureFund

1 Year 3 Year 5 Year Since Inception

Total Amount Invested (Rs) 1,20,000 3,60,000 6,00,000 6,40,000 Total Value as on Sep 30, 2015 (Rs) 1,11,781 4,48,265 7,60,310 8,03,433 Returns (%) -12.50 14.80 9.41 8.46Total Values of Nifty Infra (Rs) 1,06,046 3,78,298 6,26,195 6,59,286 Nifty Infra Returns (%) -20.90 3.25 1.69 1.10Total Value of CNX Nifty (Rs) 1,13,491 4,20,797 7,74,864 8,34,114 CNX Nifty Returns (%) -9.94 10.42 10.18 9.87

Baroda Pioneer Banking andFinancial Services Fund

1 Year 3 Year Since Inception

Total Amount Invested (Rs) 1,20,000 3,60,000 4,00,000 Total Value as on Sep 30, 2015 (Rs) 1,13,341 4,43,940 5,04,711 Returns (%) -10.17 14.12 14.10Total Values of Nifty Bank Index (Rs) 1,13,617 4,60,836 5,28,324 Nifty Bank Index Returns (%) -9.75 16.74 16.98Total Value of CNX Nifty (Rs) 1,13,491 4,20,797 4,81,601 CNX Nifty Returns (%) -9.94 10.42 11.18

Baroda Pioneer Balance Fund 1 Year 3 Year 5 Year 7 Year Since Inception

Total Amount Invested (Rs) 1,20,000 3,60,000 6,00,000 8,40,000 14,50,000 Total Value as on Sep 30, 2015 (Rs) 1,19,472 4,42,954 8,10,750 12,57,992 27,39,426 Returns (%) -0.82 13.97 12.00 11.35 10.03Total Values of CRISIL BalancedFund Index (Rs)

1,18,145 4,22,108 7,74,994 12,21,003 28,48,661

CRISIL Balanced Fund Index Returns (%) -2.87 10.63 10.18 10.51 10.62Total Value of CNX Nifty (Rs) 1,13,491 4,20,797 7,74,864 2,47,350 30,81,784 CNX Nifty Returns (%) -9.94 10.42 10.18 11.11 11.81

Baroda Pioneer Monthly Income Plan (MIP) Fund*

1 Year 3 Year 5 Year 7 Year Since Inception

Total Amount Invested (Rs) 1,20,000 3,60,000 6,00,000 8,40,000 13,30,000 Total Value as on Sep 30, 2015 (Rs)

1,23,837 4,20,567 7,59,883 11,23,905 19,49,645

Returns (%) 6.03 10.39 9.39 8.19 6.68Total Values of CRISIL MIP Blended Index (Rs)

1,24,748 4,21,318 7,65,871 11,63,060 21,68,971

CRISIL MIP Blended Index Returns 7.47 10.51 9.71 9.15 8.50Total Value of CRISIL 10 Year Gilt Index Returns (%) (Rs)

1,27,033 4,12,652 7,34,336 10,69,204 19,50,453

CRISIL 10 Year Gilt Index Returns (%)

11.12 9.09 8.02 6.79 6.69

* Monthly income is not assured and is subject to the availability of distributable surplus.^Past performance may or may not be sustained in the future.For SIP calculations above, the data assumes the investment of ` 10000/- on 1st day of every month or the subsequent working day. Load & Taxes are not considered for computation of returns. Performance for dividend option would assume reinvestment of tax free dividends declared at the then prevailing NAV.CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return).Where Benchmark returns are not available, they have not been shown.

30th October, 2015


Record Date Ex-Dividend Date Dividend (Rs)Ex-Dividend NAV

(Rs)Per Unit$ (Rs)

Baroda Pioneer Growth Fund - Plan A - Dividend24-Jul-15 24-Jul-2015 35.00 39.49 3.5017-Feb-14 17-Feb-2014 25.00 24.67 2.5001-Mar-13 01-Mar-2013 10.00 26.82 1.00Baroda Pioneer Growth Fund - Plan B - Direct - Dividend24-Jul-15 24-Jul-2015 35.00 38.61 3.5017-Feb-14 17-Feb-2014 25.00 25.02 2.5001-Mar-13 01-Mar-2013 10.00 26.81 1.00Baroda Pioneer ELSS 96 - Plan A - Dividend23-Feb-15 23-Feb-2015 22.50 32.32 2.2514-Mar-14 14-Mar-2014 20.00 22.73 2.0001-Feb-13 01-Feb-2013 15.00 22.78 1.50Baroda Pioneer ELSS 96 - Plan B - Direct - Dividend23-Feb-15 23-Feb-2015 22.50 33.19 2.2514-Mar-14 14-Mar-2014 20.00 23.15 2.0001-Feb-13 01-Feb-2013 15.00 23.06 1.50Baroda Pioneer Infrastructure Fund - Plan A - Dividend09-Jan-15 09-Jan-2015 9.00 10.38 0.90Baroda Pioneer Infrastructure Fund - Plan B - Direct - Dividend09-Jan-15 09-Jan-2015 9.00 10.54 0.90Baroda Pioneer Banking and Financial Services Fund - Plan A - Dividend09-Sep-14 09-Sep-2014 10.00 13.29 1.00Baroda Pioneer Banking and Financial Services Fund - Plan B - Direct - Dividend09-Sep-14 09-Sep-2014 10.00 13.46 1.00Baroda Pioneer Balance Fund - Plan A- Dividend24-Sep-15 28-Sep-2015 19.00 21.02 1.9026-Jun-15 26-Jun-2015 40.00 21.61 4.0030-Jan-15 30-Jan-2015 100.00 25.71 10.00Baroda Pioneer Balance Fund - Plan B - Direct - Dividend24-Sep-15 28-Sep-2015 19.00 21.81 1.9026-Jun-15 26-Jun-2015 40.00 22.36 4.0030-Jan-15 30-Jan-2015 100.00 26.33 10.00Baroda Pioneer MIP Fund - Plan A - Monthly Dividend*21-Oct-2015 23-Oct-2015 0.48 13.29 0.0524-Sep-2015 24-Sep-2015 0.48 13.21 0.0524-Aug-2015 25-Aug-2015 0.48 13.22 0.05Baroda Pioneer MIP Fund - Plan B - Direct - Monthly Dividend*21-Oct-2015 23-Oct-2015 0.48 13.38 0.0524-Sep-2015 24-Sep-2015 0.48 13.30 0.0524-Aug-2015 25-Aug-2015 0.48 13.30 0.05Baroda Pioneer MIP Fund - Plan A - Quarterly Dividend*24-Sep-2015 28-Sep-2015 1.44 12.99 0.1426-Jun-2015 26-Jun-2015 1.44 12.95 0.1427-Mar-2015 27-Mar-2015 1.45 12.99 0.15Baroda Pioneer MIP Fund - Plan B - Direct - Quarterly Dividend*24-Sep-2015 28-Sep-2015 1.44 13.10 0.1426-Jun-2015 26-Jun-2015 1.44 13.04 0.1427-Mar-2015 27-Mar-2015 1.45 13.03 0.15Baroda Pioneer Credit Opportunities Fund - - Plan A - Quarterly Dividend24-Sep-2015 28-Sep-2015 1.52 10.4852 0.1526-Jun-2015 26-Jun-2015 1.52 10.2488 0.15Baroda Pioneer Credit Opportunities Fund - Plan B - Direct - Quarterly Dividend24-Sep-2015 28-Sep-2015 1.52 10.5667 0.1526-Jun-2015 26-Jun-2015 1.52 10.2955 0.15Baroda Pioneer Credit Opportunities Fund - - Plan A - Monthly Dividend21-Oct-2015 23-Oct-2015 0.51 10.5529 0.05Baroda Pioneer Credit Opportunities Fund - Plan B - Direct - Monthly Dividend21-Oct-2015 23-Oct-2015 0.51 10.6451 0.05

Record Date Ex-Dividend Date Dividend (Rs)Ex-Dividend NAV

(Rs)Per Unit$ (Rs)

Baroda Pioneer Dynamic Bond Fund - Plan A- Dividend25-Jun-13 25-Jun-2013 2.97 10.0000 0.3022-Mar-13 22-Mar-2013 2.08 10.0282 0.2126-Dec-12 26-Dec-2012 1.56 10.0351 0.16Baroda Pioneer Dynamic Bond Fund - Plan B - Direct - Dividend25-Jun-13 25-Jun-2013 3.07 10.0000 0.3122-Mar-13 22-Mar-2013 3.63 10.0286 0.36Baroda Pioneer Gilt Fund - Plan A - Dividend21-Mar-14 21-Mar-2014 19.48 16.4233 1.95Baroda Pioneer Gilt Fund - Plan B - Direct - Dividend21-Mar-14 21-Mar-2014 19.48 16.5462 1.95Baroda Pioneer Liquid Fund - Plan A - Dividend04-Mar-05 05-Mar-05 3.50 1016.27 35.0006-Jan-04 07-Jan-04 9.50 1004.32 95.0013-May-02 14-May-02 0.75 1002.43 7.50Baroda Pioneer PSU Bond Fund - Plan A- Monthly Dividend21-Oct-2015 23-Oct-2015 0.41 10.26 0.0424-Sep-2015 24-Sep-2015 0.38 10.20 0.0424-Aug-2015 25-Aug-2015 0.57 10.23 0.06Baroda Pioneer PSU Bond Fund - Plan A - Quarterly Dividend24-Sep-2015 28-Sep-2015 0.58 10.40 0.0626-Jun-2015 26-Jun-2015 0.58 10.21 0.0627-Mar-2015 27-Mar-2015 1.67 10.18 0.17Baroda Pioneer PSU Bond Fund - Plan B - Direct - Monthly Dividend21-Oct-2015 23-Oct-2015 0.43 10.26 0.0424-Sep-2015 24-Sep-2015 0.40 10.20 0.0424-Aug-2015 25-Aug-2015 0.59 10.23 0.06Baroda Pioneer Short Term Bond Fund - Plan A- Dividend23-Oct-2015 26-Oct-2015 0.25 10.06 0.0212-Oct-2015 12-Oct-2015 0.23 10.06 0.0224-Sep-2015 28-Sep-2015 0.25 10.05 0.02Baroda Pioneer Short Term Bond Fund - Plan B - Direct - Dividend23-Oct-2015 26-Oct-2015 0.26 10.06 0.0312-Oct-2015 12-Oct-2015 0.26 10.06 0.0324-Sep-2015 28-Sep-2015 0.27 10.05 0.03Baroda Pioneer Treasury Advantage Fund Reg - Monthly Dividend21-Oct-2015 23-Oct-2015 0.47 1008.92 4.7224-Sep-2015 24-Sep-2015 0.44 1006.95 4.4024-Aug-2015 25-Aug-2015 0.49 1008.67 4.89Baroda Pioneer Treasury Advantage Fund - Plan A - Monthly Dividend21-Oct-2015 23-Oct-2015 0.53 1009.72 5.2724-Sep-2015 24-Sep-2015 0.50 1007.78 4.9724-Aug-2015 25-Aug-2015 0.55 1009.55 5.49Baroda Pioneer Treasury Advantage Fund - Plan B - Direct - Monthly Dividend21-Oct-2015 23-Oct-2015 0.55 1010.02 5.4824-Sep-2015 24-Sep-2015 0.53 1008.19 5.2524-Aug-2015 25-Aug-2015 0.71 1011.94 7.12Baroda Pioneer Treasury Advantage Fund Reg - Quarterly Dividend27-Jun-2014 27-Jun-2014 2.34 1006.66 23.3821-Mar-2014 21-Mar-2014 0.78 1011.22 7.7927-Dec-2013 27-Dec-2013 1.64 1000.01 16.44Baroda Pioneer Treasury Advantage Fund - Plan A - Quarterly Dividend24-Sep-2015 28-Sep-2015 1.44 1029.21 14.4526-Jun-2015 26-Jun-2015 1.44 1007.33 14.4527-Mar-2015 27-Mar-2015 1.60 1003.04 15.97Baroda Pioneer Treasury Advantage Fund -Plan B- Direct - Quarterly Dividend24-Sep-2015 28-Sep-2015 1.66 1033.28 16.6126-Jun-2015 26-Jun-2015 1.66 1010.42 16.6127-Mar-2015 27-Mar-2015 1.67 1008.02 16.70

Dividend History

25

$ Face value is Rs. 10/- in all schemes other than Baroda Pioneer Liquid Fund and Baroda Pioneer Treasury Advantage Fund where the face value is Rs. 1,000/- per unit.

* Monthly income is not assured and is subject to the availability of distributable surplus.# Pursuant to payment of dividend, the NAVs of the schemes would fall to the extent of payout and statutory levy (if applicable).

30th October, 2015

BARODA PIONEER MUTUAL FUND26

karvy Computershare Private LimitedAddress and Contact detailsMFS Branches

• Bangalore [email protected] 080-26600785 • Belgaum [email protected] 0831 2402544 • Bellary [email protected] 08392 – 254750 • Davangere [email protected] 0819-2258714 • Dharwad [email protected] 0836- 2744207• Gulbarga [email protected] 0847-2310040 • Hassan [email protected] 08172 262065 • Hubli [email protected] 0836-2252444 • Mangalore [email protected] 0824-2496289 • Margoa [email protected] 0832-2731823 • Mysore [email protected] 0821-2438006 • Panjim [email protected] 0832-2426873 • Shimoga [email protected] 08182-228799 • Ahmedabad [email protected] 079-65445550 • Anand [email protected] 9662020623 • Ankleshwar [email protected] 02646 645326 • Baroda [email protected] 0265-6640870 • Bharuch [email protected] 02642-225022 • Bhavnagar [email protected] 278-3003149 • Gandhidham [email protected] 02836 651296 • Gandhinagar [email protected] 079-23244955 • Jamnagar [email protected] 0288-2558887 • Junagadh [email protected] 0285-2652220 • Mehsana [email protected] 02762-242950 • Nadiad [email protected] 0268-2563245 • Navsari [email protected] 02637-280367 • Rajkot [email protected] 2816545888 • Surat [email protected] 0261-3042170 • Valsad [email protected] 02632-258481 • Vapi [email protected] 9228012909 • Chennai [email protected] 044-42028512 • Alleppy [email protected] 0477 2263055 • Calicut [email protected] 0495-4022480 • Cochin [email protected] 0484 3000232 • Kannur [email protected] 0497-2764190 • Kollam [email protected] 0474-2747055 • Kottayam [email protected] 0481-2300868 • Malappuram [email protected] 0483-2731480 • Palghat [email protected] 491 6061110 • Thodupuzha [email protected] 0486-2211209 • Tiruvalla [email protected] 0469-3205676 • Trichur [email protected] 0487-3246231 • Trivandrum [email protected] 0471-2725728 • Coimbatore [email protected] 0422 - 4388011 • Dindigul [email protected] 0451- 6451043 • Erode [email protected] 0424-4021212 • Karaikudi [email protected] 04565-237192 • Karur [email protected] 04324-241755 • Madurai [email protected] 0452-2605856 • Nagerkoil [email protected] 04652 - 233552 • Namakkal [email protected] 04286- 23480 • Pollachi [email protected] 04259- 235111 • Pondicherry [email protected] 0413 2220640 • Pudukottai [email protected] 04322 - 220050 • Rajapalayam [email protected] 04563 - 232952 • Salem [email protected] 0427-4020300 • Sivakasi [email protected] 04562 228816 • Thanjavur [email protected] 04362-275415 • Tirunelveli [email protected] 0462 2335137 • Tirupur [email protected] 0421-2214221 • Trichy [email protected] 0431-4020227 • Tuticorin [email protected] 0461-2334603 • Vellore [email protected] 0416 2215007 • Agartala [email protected] 0381-2317519 • Guwahati [email protected] 8811036746 • Shillong [email protected] 0364 2506106 • Silchar [email protected] 03842 261714 • Ananthapur [email protected] 08554-244449 • Eluru [email protected] 08812-227851 • Guntur [email protected] 0863-2339094 •Hyderabad [email protected] 040-44677075/ 44677076/44677077/44677348 • Karimnagar [email protected] 0878-2261779 • Kurnool [email protected] 08158-228550 • Nanded [email protected] 02462-237885 • Nellore [email protected] 0861-2349940 • Nizamabad [email protected] 08462-224366 • Proddatur [email protected] 08564 - 242898 • Rajahmundry [email protected] 0883-2434468 • Solapur [email protected] 0217-2300021 • Srikakulam [email protected] 08942-225384 • Tirupathi [email protected] 0877-6544567 • Vijayanagaram [email protected] 08922-236962 • Vijayawada [email protected] 0866-2475126 • Visakhapatnam [email protected] 0891-2714125 • Warangal [email protected] 0870-2501664 • Akola [email protected] 0724-2451874 • Amaravathi [email protected] 0721-3291081 • Aurangabad [email protected] 0240-2343414 • Betul [email protected] 07141 - 231301 • Bhopal [email protected] 0755-4092712 • Chandrapur [email protected] 07172-270262 • Dewas [email protected] 07272-426010 • Dhule [email protected] 02562-282823 • Indore [email protected] 0731-4266828 • Jabalpur [email protected] 0761-3204376 • Jalgaon [email protected] 0257-2226761 • Nagpur [email protected] 0712-2533040 • Nasik nasikmfs@karvy.

30th October, 2015


com 0253-6611395 • Ratlam [email protected] 07412-402007 • Sagar [email protected] 07582-402404 • Ujjain [email protected] 0734-4250007 • Asansol [email protected] 0341-3266507 • Balasore [email protected] 06782-260503 • Bankura [email protected] 03242-255964 • Barhampore (Wb) [email protected] 03482 274494 • Berhampur (Or) [email protected] 0680-2228106 • Bhilai [email protected] 0788-2295999 • Bhubaneswar [email protected] 0674-6534585 • Bilaspur [email protected] 07752-408436• Bokaro [email protected] 9204061959 • Burdwan [email protected] 0342-2665140 • Chinsura [email protected] 033-26810164 • Cuttack [email protected] 0-9238102118 • Dhanbad [email protected] 0326-6452027, 0326- 2301045 • Durgapur [email protected] 0343-6512111 • Gaya [email protected] 0631-2220065 • Jalpaiguri [email protected] 03561-222136 • Jamshedpur [email protected] 0657-6655000 • Kharagpur [email protected] 03222-253380 • Kolkata [email protected] ; [email protected] 033-40611135/ 36; 033-24659263/9267, 24635432, 24669450, 24196462 • Malda [email protected] 03512-223763 • Patna [email protected] 0612-6453098 • Raipur [email protected] 0771-4052620 • Ranchi [email protected] 0651-2331320 • Rourkela [email protected] 0661-2500005 • Sambalpur [email protected] 0663-2522105 • Siliguri [email protected] 0353-2526393, 0353-2522579 • Agra [email protected] 9369918603 • Aligarh [email protected] 9369918604 • Allahabad [email protected] 9369918605 • Ambala [email protected] 9315017301 • Azamgarh [email protected] 9307910001 • Bareilly [email protected] 9369918607 • Begusarai [email protected] 9308793949 • Bhagalpur [email protected] 9386256100 • Darbhanga [email protected] 06272-220145 • Dehradun [email protected] 9369918608 • Deoria [email protected] 7499496134 • Faridabad [email protected] 9310448851 • Ghaziabad [email protected] 9310448804 • Ghazipur [email protected] 7499496131 •Gonda [email protected] 7499496127 • Gorakhpur [email protected] 9369918610 • Gurgaon [email protected] 9310448806 • Gwalior [email protected] 9300004262 • Haldwani [email protected] 9369918611 • Haridwar [email protected] 9369918612 • Hissar [email protected] 9315017303 • Jaunpur [email protected] 9369918613 • Jhansi [email protected] 9369918614 • Kanpur [email protected] 9369918615/6 • Korba [email protected] 9300155683 • Lucknow [email protected] 9369918600 • Mandi [email protected] 9318873501• Mathura [email protected] 9369918618 • Meerut [email protected] 9369918619 •Mirzapur [email protected] 7499496133 • Moradabad [email protected] 9369918620 •Morena [email protected] 7489361265 • [email protected] 9386256101 •Noida [email protected] 9310448805 • Panipat [email protected] 9315017304 • Renukoot [email protected] 7499495854 • Rewa [email protected] 7489755878 • Rohtak [email protected] 9315017305 • Roorkee [email protected] 9369918621 • Saharanpur [email protected] 9369918622 • Satna [email protected] 9300004263 • Shaktinagar [email protected] 7499496129 • Shimla [email protected] 9318644501 • Shivpuri [email protected] 9303028921 • Sitapur [email protected] 9369918623 • Solan [email protected] 9318991871 • Sonepat [email protected] 9315457164 • Sultanpur [email protected] 9369918624 • Varanasi [email protected] 9369918626 • Yamuna Nagar [email protected] 9315017306 • Kolhapur [email protected] 0231 2653656 • Mumbai [email protected] 022-66235353 • Pune [email protected] 020-25533795 • Ajmer [email protected] 0145-5120725 • Alwar [email protected] 0144-3291200 • Amritsar [email protected] 0183-5053802 •Bhatinda [email protected] 0164-5006725 • Bhilwara [email protected] 01482-246362 •Bikaner [email protected] 0151-2200014 •Chandigarh [email protected] 0172-5101342 •Ferozpur [email protected] 01632-241814 •Hoshiarpur [email protected] 01882-500143 •Jaipur [email protected] 0141-4167714 • Jalandhar [email protected] 0181-5094410 • Jammu [email protected] 0191-2458820 • Jodhpur [email protected] 0291-6454590 • Karnal [email protected] 0184-2252524 •Kota [email protected] 0744-5100964 • Ludhiana [email protected] 0161-4648747 • Moga [email protected] 01636-230792 • New Delhi [email protected] 011-43681700 • Pathankot [email protected] 0186-5080188 • Patiala [email protected] 0175-5004349 • Sikar [email protected] 01572-250398 • Sri Ganganagar [email protected] 0154-2470177 • Udaipur [email protected] 0294-2429370

27

30th October, 2015


Contact Points:Toll Free Number: 1-800-267 0189 | Email: [email protected] | Website:www.barodapioneer.inRegistered OfficeBaroda Pioneer Asset Management Company Ltd.CIN : U65991MH1992PLC069414501 Titanium, 5th Floor, Western Express Highway, Goregaon (E), Mumbai - 400063.Phone: +91 22 3074 1000 / 4219 7999. Fax: +91 22 3074 1001.Branch OfficeBaroda Pioneer Asset Management Company Ltd.Flat No. 103 & 104, First Floor,Prakash Deep Building, 7 Tolstoy Marg, New Delhi - 110001. Phone: 011-43514662Branch OfficeBaroda Pioneer Asset Management Company Ltd. HP Complex, Flat No.12, 3rd Floor, Door No. 124/1,2&3 New No. 14, G N Chetty Road,T.Nagar, Chennai - 600017 Phone: 044 - 2834 3530, Fax: 044 - 2834 3539Mutual fund investments are subject to market risks,read all scheme related documents carefully.

factsheet - barodapioneer.in€¦ · how to read factsheet pg 4 ... the nav is calculated at the...

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