Key Events for the Month of September 2025

• India’s Services Purchasing Managers' Index (PMI) continued its strong run, hitting a 15-year high in August climbed to 62.9 up from 60.5 in July, on new orders and rising output led by international demand.

• India’s Manufacturing Purchasing Managers’ Index (PMI) eases to 57.7 in Sep, selling prices hit 12 year high

• India’s Consumer Price Inflation (CPI) inflation edged up from an eight-month low to 2.07% in August.

• India’s Wholesale Price Index (WPI)-based inflation rose to a four-month high of 0.52% in August, on the back of an increase in the prices of food and manufacturing products.

• India’s GST collections rose 9.1% y-o-y to ₹1.89 lakh cr. in September.

• The month ended on a slightly positive note for Indian equity markets, with the Nifty 50 up 0.8% and the BSE Sensex down 0.6%.

|	Sectoral Index Performance

Name	3 Months	6 Months	1 Year	3 Years	5 Years
Nifty Auto Index	11.2%	24.6%	-1.8%	27.8%	27.4%
Nifty Bank Index	-4.7%	6.0%	3.1%	12.2%	20.5%
Nifty Energy Index	-4.3%	4.3%	-20.5%	11.0%	18.4%
Nifty Financial Services Index	-4.2%	3.8%	6.3%	14.1%	19.6%
Nifty FMCG Index	-0.3%	2.1%	-16.5%	7.2%	12.9%
Nifty Healthcare Index	-2.2%	3.3%	-4.2%	19.8%	20.5%
Nifty Infrastructure Index	-4.3%	6.5%	-5.9%	22.0%	23.9%
Nifty IT Index	-13.6%	-8.8%	-19.8%	7.6%	11.0%
Nifty Media Index	-12.1%	4.6%	-27.8%	-9.2%	-0.1%
Nifty Metal Index	5.3%	10.4%	-1.6%	20.3%	34.9%
Nifty Pharma Index	-2.7%	1.5%	-7.8%	18.2%	12.7%
Nifty PSU Bank Index	4.5%	20.2%	11.4%	35.9%	42.6%
Nifty Realty Index	-12.1%	1.9%	-21.1%	26.9%	32.5%
BSE Consumer Durables Index	-3.5%	6.1%	-14.7%	10.7%	18.9%
BSE Industrial Index	-4.1%	12.0%	-7.6%	31.6%	41.2%

Source: Bloomberg, As on 30/09/2025. The Sector(s) mentioned in this document do not constitute any research report/recommendation of the same and the scheme(s)/Fund may or may not have any future position in these Sector(s) | The Index names mentioned do not constitute any kind of recommendation and are for information purpose only. Past performance may or may not be sustained in the future

|	Global Index Performance

Name	3 Months	6 Months	1 Year	3 Years	5 Years
MSCI World Index	7.0%	18.7%	15.7%	21.9%	12.7%
MSCI Emerging Index	10.1%	22.2%	15.0%	15.4%	4.5%
MSCI India index	-3.7%	5.6%	-7.0%	13.3%	16.7%
Dow Jones Industrial Average Index	5.2%	10.5%	9.6%	17.3%	10.8%
Nasdaq Composite Index	11.2%	31.0%	24.6%	28.9%	15.2%
Nikkei 225 Index	11.0%	26.2%	18.5%	20.1%	14.1%
Shanghai Composite Index	12.7%	16.4%	16.4%	8.7%	3.8%
Deutsche Boerse AG german Stock Index DAX	-0.1%	7.7%	23.6%	25.4%	13.3%

Source: Bloomberg, As on 30/09/2025 | The Index names mentioned do not constitute any kind of recommendation and are for information purpose only. Past performance may or may not be sustained in the future