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  <AssetAllocationResult>
    <AssetAllocationInfo>
      <Description>HDFC Bank</Description>
      <AllocPerc>6.38515</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Reliance Industries</Description>
      <AllocPerc>6.37114</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>ICICI Bank</Description>
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      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>iShares USD Treasury Bond 3-7yr ETF</Description>
      <AllocPerc>4.27483</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Mahindra &amp; Mahindra</Description>
      <AllocPerc>3.07529</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Axis Bank</Description>
      <AllocPerc>2.82019</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Federal Bank</Description>
      <AllocPerc>2.58759</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Apollo Hospitals</Description>
      <AllocPerc>2.52558</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Zomato</Description>
      <AllocPerc>2.49894</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Divis Laboratories</Description>
      <AllocPerc>2.33767</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Asian Paints</Description>
      <AllocPerc>1.86551</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Larsen &amp; Toubro</Description>
      <AllocPerc>1.83722</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Faalcon Concepts</Description>
      <AllocPerc>1.78016</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Bharti Infratel</Description>
      <AllocPerc>1.75465</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Ultratech Cement</Description>
      <AllocPerc>1.74626</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Titan Company</Description>
      <AllocPerc>1.61183</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>MTAR Technologies</Description>
      <AllocPerc>1.59653</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>BSE</Description>
      <AllocPerc>1.43059</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Eicher Motors</Description>
      <AllocPerc>1.40270</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Multi Commodity Exchange India</Description>
      <AllocPerc>1.33913</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Minda Industries</Description>
      <AllocPerc>1.30579</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Ujjivan Small Finance Bank</Description>
      <AllocPerc>1.25478</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Neuland Laboratories</Description>
      <AllocPerc>1.19357</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>HDFC Standard Life Insurance Company</Description>
      <AllocPerc>1.16807</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Cholamandalam Invest. &amp; Fin.</Description>
      <AllocPerc>1.16602</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>PNB Housing Finance</Description>
      <AllocPerc>1.10176</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Godrej Consumer Products</Description>
      <AllocPerc>1.09156</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Bharti Airtel Ltd. PPE</Description>
      <AllocPerc>1.00925</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>HEG</Description>
      <AllocPerc>0.97934</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Bharat Electronics</Description>
      <AllocPerc>0.97005</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Glenmark Pharma.</Description>
      <AllocPerc>0.91616</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>NIIT Technologies</Description>
      <AllocPerc>0.87207</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Sun Pharmaceutical Inds.</Description>
      <AllocPerc>0.81612</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Kajaria Ceramics</Description>
      <AllocPerc>0.81102</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>L&amp;T Infotech</Description>
      <AllocPerc>0.80348</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>TVS Motor Co.</Description>
      <AllocPerc>0.78878</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>JK Tyre &amp; Industries</Description>
      <AllocPerc>0.77021</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Lupin</Description>
      <AllocPerc>0.74469</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Shyam Metalics and Energy</Description>
      <AllocPerc>0.73979</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Kotak Mahindra Bank</Description>
      <AllocPerc>0.72509</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Kei Industries</Description>
      <AllocPerc>0.71529</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Prestige Estates Projects</Description>
      <AllocPerc>0.71529</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>KPR Mills</Description>
      <AllocPerc>0.71410</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Vedanta</Description>
      <AllocPerc>0.70390</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Jubilant FoodWorks</Description>
      <AllocPerc>0.69570</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Delhivery</Description>
      <AllocPerc>0.67120</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>HPCL</Description>
      <AllocPerc>0.67120</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Glaxosmithkline Pharma</Description>
      <AllocPerc>0.62739</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>iShares USD Treasury Bond 3-7yr ETF</Description>
      <AllocPerc>0.62711</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Sanofi Consumer Healthcare India</Description>
      <AllocPerc>0.62221</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Ather Energy</Description>
      <AllocPerc>0.60699</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Bajaj Finance</Description>
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      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>IIFL Wealth Management</Description>
      <AllocPerc>0.59679</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Century Textiles &amp; Inds.</Description>
      <AllocPerc>0.58859</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>IDFC Bank</Description>
      <AllocPerc>0.57638</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>TML Commercial Vehicles</Description>
      <AllocPerc>0.57321</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>ICICI Lombard Gen. Ins. Co.</Description>
      <AllocPerc>0.56831</AllocPerc>
      <MarketValue>0</MarketValue>
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    <AssetAllocationInfo>
      <Description>Amber Enterprises</Description>
      <AllocPerc>0.55598</AllocPerc>
      <MarketValue>0</MarketValue>
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    <AssetAllocationInfo>
      <Description>Global Health</Description>
      <AllocPerc>0.54382</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Faalcon Concepts</Description>
      <AllocPerc>0.53402</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Ambuja Cements</Description>
      <AllocPerc>0.51932</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Tech Mahindra</Description>
      <AllocPerc>0.51738</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Hindustan Unilever</Description>
      <AllocPerc>0.51517</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>RBL Bank</Description>
      <AllocPerc>0.49483</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Craftsman Automation</Description>
      <AllocPerc>0.48503</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Motherson Sumi Systems</Description>
      <AllocPerc>0.48503</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Onyx Biotec</Description>
      <AllocPerc>0.43087</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Rudra Gas Enterprise</Description>
      <AllocPerc>0.42624</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>SBI Life Insurance Company</Description>
      <AllocPerc>0.42134</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Mphasis</Description>
      <AllocPerc>0.41644</AllocPerc>
      <MarketValue>0</MarketValue>
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    <AssetAllocationInfo>
      <Description>Metro  Brands</Description>
      <AllocPerc>0.41316</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Honeywell Automation</Description>
      <AllocPerc>0.40174</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Angel Broking</Description>
      <AllocPerc>0.38766</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Piramal Pharma</Description>
      <AllocPerc>0.38256</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Faalcon Concepts</Description>
      <AllocPerc>0.38214</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>DHFL Vysya Finance</Description>
      <AllocPerc>0.37724</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Shriram Transport Finance</Description>
      <AllocPerc>0.36744</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Timken India</Description>
      <AllocPerc>0.34785</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Suven Pharmaceutical</Description>
      <AllocPerc>0.33805</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Suzlon Energy</Description>
      <AllocPerc>0.33315</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Kalyan Jewellers India</Description>
      <AllocPerc>0.31845</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Orient Refractories Ltd.</Description>
      <AllocPerc>0.31625</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>PGIM India Large Cap Direct-G</Description>
      <AllocPerc>0.30865</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Australian Premium Solar (India)</Description>
      <AllocPerc>0.27926</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>JB Chemicals &amp; Pharma</Description>
      <AllocPerc>0.27436</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Sobha</Description>
      <AllocPerc>0.27034</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>AIA Engineering</Description>
      <AllocPerc>0.27034</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>The Ramco Cements</Description>
      <AllocPerc>0.26524</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Sonata Software</Description>
      <AllocPerc>0.24006</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Rubicon Research</Description>
      <AllocPerc>0.23973</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Medplus Health Services</Description>
      <AllocPerc>0.21557</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Britannia Inds.</Description>
      <AllocPerc>0.20577</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Crompton Greaves Consumer Electricals</Description>
      <AllocPerc>0.19597</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>V-Mart Retail</Description>
      <AllocPerc>0.19107</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Afcons Infrastructure</Description>
      <AllocPerc>0.17637</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Orchid Pharma</Description>
      <AllocPerc>0.17147</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Deepak Nitrite</Description>
      <AllocPerc>0.16657</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Wockhardt</Description>
      <AllocPerc>0.15678</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Urban Company</Description>
      <AllocPerc>0.14792</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Whirlpool</Description>
      <AllocPerc>0.13718</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Safari Industries (India)</Description>
      <AllocPerc>0.13262</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Pondy Oxides &amp; Chemicals</Description>
      <AllocPerc>0.12752</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Awfis Space Solutions</Description>
      <AllocPerc>0.12752</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Invesco Inida Liquid Fund - Direct Plan</Description>
      <AllocPerc>0.12738</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>KSB Pumps</Description>
      <AllocPerc>0.12242</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Vesuvius India</Description>
      <AllocPerc>0.10201</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Schneider Electric Infrastruct</Description>
      <AllocPerc>0.09181</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Nifty 50</Description>
      <AllocPerc>0.08161</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>VA Tech Wabag</Description>
      <AllocPerc>0.03060</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Mirae Asset Silver ETF-G</Description>
      <AllocPerc>0.00980</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
    <AssetAllocationInfo>
      <Description>Others</Description>
      <AllocPerc>-0.26946</AllocPerc>
      <MarketValue>0</MarketValue>
    </AssetAllocationInfo>
  </AssetAllocationResult>
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