Thermoplastic polymer composition having improved mechanical properties

Disclosed is a thermoplastic polymer composition of polyamide including: A) polyamide composition comprising, a) 55-90 weight percent semi-crystalline, semi-aromatic co-polyamide, and b) 10-45 weight percent aliphatic homo-polyamide; B) 5-40 weight percent of co-grafted polymeric toughener wherein the co-grafted polymeric toughener is a co-grafted blend of polyolefins with at least two glass transition temperatures and obtained from the blend of polyolefins and a reactive monomer; C) 0-15 weight percent one or more plasticizers; D) 0-2.5 weight percent one or more antioxidants and or a heat stabilizer; E) 0 to 5 weight percent of additives selected from the group consisting of flame retardant, UV stabilizer, light stabilizer, thermal stabilizer, lubricant, colorant or the like. Further disclosed herein is a process for providing the composition and its application.