<p><span style="font-size: 8pt;font-family: Arial;">The Portfolio will mostly hold shares or similar instruments relating to Indian companies. Such companies are either based in or earn most of their profits or revenues from India. The Portfolio may also invest in companies which are based anywhere in the world. The Investment Adviser implements a multifaceted approach to Environmental, Social and Governance (ESG) considerations (“ESG Criteria”) into its fundamental investment process.</span></p>


Goldman Sachs Asset Management B.V.

Goldman Sachs Asset Management International

India Equity

Morningstar India TME NR USD

Equity

MSCI India IMI NR USD

GS India Equity Oth Ccy Acc HKD

GS India Equity I Inc USD

2024

2023

2022

2021

2020

CashEquivalents

India

United States

Unclassified

Financial Services

Consumer Cyclical

Technology

Healthcare

Industrials

Basic Materials

Communication Services

Energy

Consumer Defensive

Real Estate

Utilities

ICICI Bank Ltd

Infosys Ltd

Reliance Industries Ltd

Bajaj Finance Ltd

Bharti Airtel Ltd

Zomato Ltd Common Stock Inr1.0

Mahindra & Mahindra Ltd

Axis Bank Ltd

HDFC Bank Ltd

Sun Pharmaceuticals Industries Ltd