DSP Nifty Top 10 equal weight Index Fund

DSP Nifty Top 10 Equal Weight Index Fund

Benchmark: NIFTY TOP 10 EQUAL WEIGHT TRI

36.12K people have invested in this fund

team 36.12K 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

₹859.84 crores as of Oct 31, 2024

Age of Fund

2 months since Sep 05, 2024

Expense Ratio

1.0% as of Nov 19, 2024

Exit Load

Nil

Ideal holding period

10 Years+

Holdings

as of Oct 31, 2024

ICICI Bank Limited

10.67%

HDFC Bank Limited

10.66%

Larsen & Toubro Limited

10.43%

ITC Limited

10.32%

Tata Consultancy Services Limited

10.15%

Infosys Limited

10.13%

Bharti Airtel Limited

10.01%

See all 10 holdings

Things to know before you invest

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

This is an index fund that replicates the Nifty Top 10 Equal Weight Index - same stocks, same weights.
It provides exposure to the ten largest companies (10% each).
The portfolio is re-aligned every quarter, so every stock's weight is brought back to 10%.
The portfolio is rebalanced semi-annually to adjust for any stock additions or subtractions to the Index.

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Why should one invest in DSP Nifty Top 10 Equal Weight Index Fund?

Aim to build wealth through a concentrated portfolio of large cap companies.
Largest companies have durability, strong financial health and are highly liquid.
Can help investors add, increase, and rebalance weight of large cap companies in their portfolio with easy.
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.
Relatively low-cost, with a comparatively lower expense ratio than active large-cap funds.

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Who should invest in DSP Nifty Top 10 Equal Weight Index Fund?

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.

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Rethink before you invest

The fund carries Very High Risk.
Expect short term return fluctuations, especially during periods of market ups & downs.

Fund managers:

Anil Ghelani

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

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

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Diipesh Shah

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

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

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Anil has been working with DSP Group since 2003 and is currently Head of Passive Investments & Products. Previously, he served as the Business Head & Chief Investment Officer at DSP Pension Fund Managers and prior to that leading the Risk and Quantitative Analysis team at DSP Mutual Fund responsible for monitoring of portfolio risk and buy-side credit research on companies across various sectors. He also worked at IL&FS Asset Management Company and at S.R. Batliboi a member firm of EY. He is currently serving in volunteer capacity as a Director and Vice Chairman of the CFA Society India. Anil is a CFA Charter Holder (CFA Institute USA), Chartered Accountant (ICAI India) and holds a Bachelor of Commerce degree (University of Mumbai).

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Diipesh has a total work experience of Over 20 years. He is working with DSP from September 2019 as a Dealer for ETF and Passive Investments. Now he is also Fund Manager of various schemes of DSP Mutual Fund. Diipesh has also worked with JM Financial Institutional Broking Limited, Centrum Boking Limited, IDFC Securities Limited and Kotak Securities Limited as Institutional Equity Sales Trading. He is a Chartered Accountant (ICAI India) and also holds a Bachelor of Commerce Degree.

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

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 Oct 31, 2024

Equity 102.07%
Debt / cash 2.42%

Equity
Debt / Cash

Top holdings

ICICI Bank Limited

10.67%

HDFC Bank Limited

10.66%

Larsen & Toubro Limited

10.43%

ITC Limited

10.32%

Tata Consultancy Services Limited

10.15%

Allocation by Market Cap

Large Cap

99.90%

Top Sectors

Banks

41.29%

It - Software

20.28%

Construction

10.43%

Diversified Fmcg

10.32%

Telecom - Services

10.01%

See all 10 holdings Top Group Holdings

Top holdings

No Data to display

Top holdings

TREPS / Reverse Repo Investments

2.42%

Cash & cash equivalents

-4.49%

Credit rating profile

Cash & Equivalent

99.20%

Instrument break-up

TREPS

100.00%

See 1 holding Top Group Holdings

Indicators

Portfolio turnover ratio

0.12 last 12 months

Tracking Error

0.2 %

Tracking Error (Abs.)

0.013 %

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.

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Invested as

Invested Amount

₹

Invested since

This fund

NIFTY TOP 10 EQUAL WEI…

NIFTY 50 TRI

Gold

PPF

	Funds	Annual returns	Current Value	Absolute Growth	IDCW paid

Chart type:

Returns RangesStatistics

Invested Amount

₹

Invested period

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

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.