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        <fairValLevel>1</fairValLevel>
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        <name>INDIAN OVERSEAS BANK LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SHREE CEMENT LTD</name>
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        <name>GMR AIRPORTS LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SUN TV NETWORK LTD</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ICICI BANK LTD</name>
        <lei>R7RX8ER1V4666J8D1I38</lei>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BIRLASOFT LTD</name>
        <lei>335800287UMX47DWBF82</lei>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>WELSPUN LIVING LTD</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>NHPC LTD</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>DEVYANI INTERNATIONAL LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NIVA BUPA HEALTH INSURANCE CO LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MAHANAGAR GAS LTD</name>
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        <assetCat>EC</assetCat>
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        <invCountry>IN</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>CG POWER AND INDUSTRIAL SOLUTIONS LTD</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>SAREGAMA INDIA LTD</name>
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        <assetCat>EC</assetCat>
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        <invCountry>IN</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>SAMVARDHANA MOTHERSON INTERNATIONAL LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>JSW STEEL LTD</name>
        <lei>335800EK6HZSC4CVAJ09</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>SRF LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>MAX HEALTHCARE INSTITUTE LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>APOLLO HOSPITALS ENTERPRISES LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ADANI ENTERPRISES LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ELECON ENGINEERING CO LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LEELA PALACES HOTELS &amp; RESORTS LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CITY UNION BANK LTD</name>
        <lei>33580024M7FWA847JI64</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ICICI PRUDENTIAL LIFE INSURANCE CO LTD</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GRASIM INDUSTRIES LTD</name>
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          <isin value="INE047A01021"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CHOLAMANDALAM FINANCIAL HOLDINGS LTD</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>POLYCAB INDIA LTD</name>
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          <isin value="INE455K01017"/>
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        <fairValLevel>1</fairValLevel>
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        <name>HOUSING &amp; URBAN DEVELOPMENT CORP LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>EMAMI LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MULTI COMMODITY EXCHANGE OF INDIA LTD</name>
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        <invCountry>IN</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>KOTAK MAHINDRA BANK LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>UCO BANK LTD</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>DEEPAK NITRITE LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>VEDANTA IRON AND STEEL LTD</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>BIKAJI FOODS INTERNATIONAL LTD</name>
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        <cusip>000000000</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>OLECTRA GREENTECH LTD</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>TECH MAHINDRA LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ADANI POWER LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>INTELLECT DESIGN ARENA LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>WELSPUN CORP LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HINDUSTAN ZINC LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FERTILIZERS AND CHEMICALS TRANVANCORE LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>KEC INTERNATIONAL LTD</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MOTHERSON SUMI WIRING INDIA LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SIEMENS LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>TORRENT PHARMACEUTICAL LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HDFC BANK LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>POWER FINANCE CORP LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FIRSTSOURCE SOLUTIONS LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>HONEYWELL AUTOMATION INDIA LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>DABUR INDIA LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BHARAT ELECTRONICS LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ITC HOTELS LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ICICI PRUDENTIAL ASSET MANAGEMENT CO LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ADITYA BIRLA FASHION AND RETAIL LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BANDHAN BANK LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>PB FINTECH LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HITACHI ENERGY INDIA LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>INDIAN RAILWAY FINANCE CORP LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NEWGEN SOFTWARE TECHNOLOGIES LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ADANI ENERGY SOLUTIONS LTD</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>HINDUSTAN COPPER LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>WOCKHARDT LTD</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BANK OF MAHARASHTRA</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NTPC GREEN ENERGY LTD</name>
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          <isin value="INE0ONG01011"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>CCL PRODUCTS (INDIA) LTD</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>TRAVEL FOOD SERVICES LTD</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>GRAPHITE INDIA LTD</name>
        <lei>335800VMGC17U49YJX23</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>ACME SOLAR HOLDINGS LTD</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>BHARTI AIRTEL LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>TITAGARH RAIL SYSTEMS LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JYOTI CNC AUTOMATION LTD</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LEMON TREE HOTELS LTD</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PCBL CHEMICAL LTD</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>BRAINBEES SOLUTIONS LTD</name>
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        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>NTPC LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GREAT EASTERN SHIPPING COMPANY LTD (THE)</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>BHARAT PETROLEUM CORP LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>REDINGTON LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>VIJAYA DIAGNOSTIC CENTRE LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BEML LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>TATA CONSUMER PRODUCTS LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HERO MOTOCORP LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>ESCORTS KUBOTA LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>STEEL AUTHORITY OF INDIA LTD</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CONCORD BIOTECH LTD</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>IN</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GODAWARI POWER AND ISPAT LTD</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PATANJALI FOODS LTD</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>TRANSFORMERS AND RECTIFIRES INDIA LTD</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>SIEMENS ENERGY INDIA LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CESC LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SUZLON ENERGY LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>TATA ELXSI LTD</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>JSW DULUX LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>KALPATARU PROJECTS INTERNATIONAL LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>REC LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>COFORGE LTD</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>MPHASIS LTD</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>SHIPPING CORP OF INDIA LTD (THE)</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>JBM AUTO LTD</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>OIL AND NATURAL GAS CORP LTD</name>
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        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>GLOBAL HEALTH LTD (INDIA)</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>BHARTI HEXACOM LTD</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>CONTAINER CORP OF INDIA LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>TATA CAPITAL LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>TATA STEEL LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>APAR INDUSTRIES</name>
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        <fairValLevel>1</fairValLevel>
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        <name>DWS GOVERNMENT MONEY MARKET SERIES INSTITUTIONAL SHARES</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LARSEN &amp; TOUBRO LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>RAIL VIKAS NIGAM LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MRF LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>JUBILANT INGREVIA LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>DLF LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>RHI MAGNESITA INDIA LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LUPIN LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>HOME FIRST FINANCE COMPANY INDIA LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>ONE 97 COMMUNICATIONS LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ANUPAM RASAYAN INDIA LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NUVAMA WEALTH MANAGEMENT LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NATCO PHARMA LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>RAILTEL CORP OF INDIA LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>INFOSYS LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GENERAL INSURANCE CORP OF INDIA</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AFFLE 3I LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ITI LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>APL APOLLO TUBES LTD</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GABRIEL INDIA LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>INDEGENE LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HONASA CONSUMER LTD</name>
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        <fairValLevel>1</fairValLevel>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>STATE BANK OF INDIA</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PHOENIX MILLS LTD (THE)</name>
        <lei>33580037PCXCE5PNQU51</lei>
        <title>PHOENIX MILLS LTD (THE) INR2</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE211B01039"/>
          <ticker value="PHNX"/>
          <other otherDesc="SEDOL" value="B0SXY97"/>
        </identifiers>
        <balance>395.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>7364.46000000</valUSD>
        <pctVal>0.164711929113</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAPPHIRE FOODS INDIA LTD</name>
        <lei>335800Y2BJLU8A79CD84</lei>
        <title>SAPPHIRE FOODS INDIA LTD INR2(POST SUBD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE806T01020"/>
          <ticker value="SAPPHIR"/>
          <other otherDesc="SEDOL" value="BLD9GD5"/>
        </identifiers>
        <balance>522.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>994.27000000</valUSD>
        <pctVal>0.022237629067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ADITYA BIRLA CAPITAL LTD</name>
        <lei>5299009K0PUXVSIRL787</lei>
        <title>ADITYA BIRLA CAPITAL LTD INR10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE674K01013"/>
          <ticker value="ABCAP"/>
          <other otherDesc="SEDOL" value="BYVKT10"/>
        </identifiers>
        <balance>1749.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>6688.54000000</valUSD>
        <pctVal>0.149594447706</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JINDAL STAINLESS LTD</name>
        <lei>3358003QFQMSFDO7BP20</lei>
        <title>JINDAL STAINLESS LTD INR2</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE220G01021"/>
          <ticker value="JDSL"/>
          <other otherDesc="SEDOL" value="6743257"/>
        </identifiers>
        <balance>680.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>4903.87000000</valUSD>
        <pctVal>0.109678902163</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CLEAN SCIENCE &amp; TECHNOLOGY LTD</name>
        <lei>335800ONLA5LRUZJZB84</lei>
        <title>CLEAN SCIENCE &amp; TECHNOLOGY LTD INR1.00</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE227W01023"/>
          <ticker value="CLEAN"/>
          <other otherDesc="SEDOL" value="BL540N6"/>
        </identifiers>
        <balance>117.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>982.18000000</valUSD>
        <pctVal>0.021967226726</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JINDAL SAW LTD</name>
        <lei>335800DDPMLWP71NRQ10</lei>
        <title>JINDAL SAW LTD INR1 (POST SUBD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE324A01032"/>
          <ticker value="JSAW"/>
          <other otherDesc="SEDOL" value="BPSRBX7"/>
        </identifiers>
        <balance>525.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>1365.50000000</valUSD>
        <pctVal>0.030540479438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANTHEM BIOSCIENCES LTD</name>
        <lei>335800FNA941U9NMD221</lei>
        <title>ANTHEM BIOSCIENCES LTD INR2</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE0CZ201020"/>
          <ticker value="ANTHEM"/>
          <other otherDesc="SEDOL" value="BV5R4T9"/>
        </identifiers>
        <balance>134.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>1071.93000000</valUSD>
        <pctVal>0.023974555931</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PI INDUSTRIES LTD</name>
        <lei>335800PEGP94E4CC1D11</lei>
        <title>PI INDUSTRIES LTD INR1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE603J01030"/>
          <ticker value="PI"/>
          <other otherDesc="SEDOL" value="B992PT3"/>
        </identifiers>
        <balance>172.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>5024.21000000</valUSD>
        <pctVal>0.112370400731</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COLGATE-PALMOLIVE INDIA LTD</name>
        <lei>335800YWKI47DGFKWB26</lei>
        <title>COLGATE-PALMOLIVE INDIA LTD INR1.00</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE259A01022"/>
          <ticker value="CLGT"/>
          <other otherDesc="SEDOL" value="6139696"/>
        </identifiers>
        <balance>278.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>6027.92000000</valUSD>
        <pctVal>0.134819162809</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DATA PATTERNS (INDIA) LTD</name>
        <lei>894500IFAYOMBFJ0QB53</lei>
        <title>DATA PATTERNS (INDIA) LTD INR2</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE0IX101010"/>
          <ticker value="DATAPAT"/>
          <other otherDesc="SEDOL" value="BP6VTX7"/>
        </identifiers>
        <balance>63.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>2681.21000000</valUSD>
        <pctVal>0.059967366440</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD</name>
        <lei>254900JA6LS4UY2ZCR81</lei>
        <title>KRISHNA INSTITUTE OF MEDICAL SCIENCES LTD INR2 (POST SUBD)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE967H01025"/>
          <ticker value="KIMS"/>
          <other otherDesc="SEDOL" value="BRQPHN9"/>
        </identifiers>
        <balance>527.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>4209.62000000</valUSD>
        <pctVal>0.094151455916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VEDANTA ALUMINIUM METAL LTD</name>
        <lei>335800NL21ZO4I8KAA12</lei>
        <title>VEDANTA ALUMINIUM METAL LTD INR10</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE1CDF01017"/>
          <ticker value="2311004D"/>
          <other otherDesc="SEDOL" value="BTXZ178"/>
        </identifiers>
        <balance>3625.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>14503.82000000</valUSD>
        <pctVal>0.324389320020</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KIRLOSKAR OIL ENGINES LTD</name>
        <lei>33580018J5C7B1UQSN26</lei>
        <title>KIRLOSKAR OIL ENGINES LTD INR2</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE146L01010"/>
          <ticker value="KOEL"/>
          <other otherDesc="SEDOL" value="B687WY2"/>
        </identifiers>
        <balance>177.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>3592.17000000</valUSD>
        <pctVal>0.080341701958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MARICO LTD</name>
        <lei>3358003SFDQFGJPC5O84</lei>
        <title>MARICO LTD INR1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE196A01026"/>
          <ticker value="MRCO"/>
          <other otherDesc="SEDOL" value="B1S34K5"/>
        </identifiers>
        <balance>1125.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="95.00000000"/>
        <valUSD>9730.66000000</valUSD>
        <pctVal>0.217633849617</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-07-28</ncom:dateSigned>
      <ncom:nameOfApplicant>DBX ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Diane Kenneally</ncom:signature>
      <ncom:signerName>Diane Kenneally</ncom:signerName>
      <ncom:title>Treasurer and Chief Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
