DSP Nifty Top 10 Equal Weight ETF

Benchmark: NIFTY TOP 10 EQUAL WEIGHT TRI

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This is an Exchange Traded Fund 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

₹244.01 crores as of Nov 30, 2024

Age of Fund

3 months since Sep 05, 2024

Expense Ratio

0.15% as of Dec 20, 2024

Exit Load

Nil

Goal of Investment

Capital Growth & Income

Ideal holding period

10 Years+

Things to know before you invest

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What is in DSP Nifty Top 10 Equal Weight ETF?

This is an ETF that replicates the Nifty Top 10 Equal Weight Index - same stocks, same weights.
It provides exposure to the ten largest companies in an equal weighted, 10% each, portfolio.
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 ETF?

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 ETF?

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

Managing this fund since August 2024.

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Managing this fund since August 2024.

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Diipesh Shah

Managing this fund since August 2024.

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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 Broking 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 Nov 30, 2024

Equity 99.99%
Debt / cash 0.06%

Equity
Debt / Cash

Top holdings

HDFC Bank Limited

10.64%

ICICI Bank Limited

10.35%

Kotak Mahindra Bank Limited

9.8%

Axis Bank Limited

9.44%

Reliance Industries Limited

9.11%

See all 10 holdings Top Group Holdings

Top holdings

No Data to display

Top holdings

TREPS / Reverse Repo Investments

0.06%

Cash & cash equivalents

-0.05%

Credit rating profile

Cash & Equivalent

100.00%

Instrument break-up

TREPS

100.00%

See 1 holding Top Group Holdings

Indicators

Tracking Error

0.06 %

Tracking Error (Abs.)

0.004 %

Compare Performance

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

Fund Details

Investment Objective

The Scheme seeks to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty Top 10 Equal Weight TRI), subject to tracking errors.
There is no assurance that the investment objective of the Scheme will be achieved.

Fund Type

Exchange Traded Fund

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

Riskometer

Level of Risk in the Scheme

View details

Other Information

NSE/BSE Symbol	TOP10ADD
BSE Script Code	544247
ISIN	INF740KA1UR9
Bloomberg Code	DT10ETF
Minimum Investment	Through Stock Exchange - 1 Unit & in multiples thereof.

Fund Documents

KIM and Applications

NSE Disclaimer: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Draft Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of the 'Disclaimer Clause of NSE'

BSE Disclaimer: It is to be distinctly understood that the permission given by BSE Limited should not in any way be deemed or construed that the SID has been cleared or approved by BSE Limited nor does it certify the correctness or completeness of any of the contents of the SID. The investors are advised to refer to the SID for the full text of the 'Disclaimer clause of the BSE Limited'.