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DSP Nifty Top 10 Equal Weight Index Fund

DSP Nifty Top 10 Equal Weight Index Fund

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Benchmark: NIFTY TOP 10 EQUAL WEIGHT TRI info icon

35.37K people have invested in this fund

team 35.37K people have invested in this fund as of

This is an Equity, Index fund with NIFTY TOP 10 EQUAL WEIGHT TRI as its benchmark. The risk level for this fund is categorized as Very High Risk.

Total AUM

679.65 crores as of Sep 30, 2024

Age of Fund

2 months since Sep 05, 2024

Expense Ratio

0.25% as of Nov 06, 2024

Exit Load

Nil  

Ideal holding period

10 Years+

Holdings

as of Sep 30, 2024

ITC Limited

10.22%

Tata Consultancy Services Limited

10.20%

Infosys Limited

10.10%

Reliance Industries Limited

10.09%

Kotak Mahindra Bank Limited

9.97%

HDFC Bank Limited

9.94%

Axis Bank Limited

9.92%

Large Cap

100.00%

Banks

39.60%

It - Software

20.30%

Diversified Fmcg

10.20%

Petroleum Products

10.10%

Construction

9.90%

Things to know before you invest

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What is in DSP Nifty Top 10 Equal Weight Index Fund?

  1. This is an index fund that replicates the Nifty Top 10 Equal Weight Index - same stocks, same weights.
  2. It provides exposure to the ten largest companies (10% each).
  3. The portfolio is re-aligned every quarter, so every stock's weight is brought back to 10%.
  4. The portfolio is rebalanced semi-annually to adjust for any stock additions or subtractions to the Index.
  1. Aim to build wealth through a concentrated portfolio of large cap companies.
  2. Largest companies have durability, strong financial health and are highly liquid.
  3. Can help investors add, increase, and rebalance weight of large cap companies in their portfolio with easy.
  4. This is a zero bias product since it only replicates an index, does not carry any stock or sector bias & does not have an 'active' fund manager.
  5. Relatively low-cost, with a comparatively lower expense ratio than active large-cap funds.
  1. Consider this fund if you
    • Long term investors: Looking to benefit from durable businesses and aiming to stay invested through market cycles.
    • Cost conscious investors: A relatively low cost, passive investment which helps your funds to benefit from power of compounding.
    • Aware of risk of fluctuation of equity markets.
  1. The fund carries Very High Risk.
  2. Expect short term return fluctuations, especially during periods of market ups & downs.

Fund managers:

Anil Ghelani

Anil Ghelani

Total work experience of 26 years. Managing this fund since August 2024.
Total work experience of 26 years. Managing this fund since August 2024.

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Diipesh Shah

Diipesh Shah

Total work experience of 23 years. Managing this fund since August 2024.
Total work experience of 23 years. Managing this fund since August 2024.

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Portfolio

Prescribed asset allocation: 95% - 100% Equity and Equity Related Securities constituting Nifty Top 10 Equal Weight Index, the Underlying Index Cash and Cash Equivalents , 0% - 5% Cash and Cash Equivalents

Current Allocation

as of Sep 30, 2024

Top holdings

ITC Limited

10.22%

Tata Consultancy Services Limited

10.20%

Infosys Limited

10.10%

Reliance Industries Limited

10.09%

Kotak Mahindra Bank Limited

9.97%

Allocation by Market Cap

Large Cap

100.00%

Top Sectors

Banks

39.65%

It - Software

20.30%

Diversified Fmcg

10.22%

Petroleum Products

10.09%

Telecom - Services

9.92%

Top holdings

No Data to display

Top holdings

TREPS / Reverse Repo Investments

1.37%

Cash & cash equivalents

-1.44%

Credit rating profile

Cash & Equivalent

102.20%

Instrument break-up

TREPS

100.00%


Indicators

Portfolio turnover ratio

0.15 last 12 months

Tracking Error

0.23 %

Tracking Error (Abs.)

0.014 %

Compare Performance

Note:Under SEBI regulations, the performance of this fund can’t be displayed as it has been in existence for less than 6 months.

Chart type

Invested as

Invested Amount

Invested since

This fund

Vs

NIFTY TOP 10 EQUAL WEI

NIFTY 50 TRI

Gold

PPF

Funds Annual returns Current Value Absolute Growth

Chart type:

Invested as

Invested Amount

Invested period

Funds Minimum Median Maximum % times -ve returns % times returns > 7%

Fund Details

Fund Details

Investment Objective

The investment objective of the Scheme is to generate returns that are commensurate with the performance of the Nifty Top 10 Equal Weight Index, subject to tracking error.
There is no assurance that the investment objective of the scheme will be achieved.

Fund Type

Equity
Index Fund

An open ended scheme replicating/ tracking Nifty Top 10 Equal Weight Index

Riskometer

Level of Risk in the fund

View details
Riskometer

Minimum Investment

Rs.  100 Lumpsum
Rs.  100 SIP– 12 instalments
Rs.  100 Minimum Additional Purchase

team 35.37K peoplehave invested in this fund as of