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DSP Focus Fund An open ended equity scheme investing in maximum 30 stocks. The Scheme shall focus on multi cap stocks. |
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Gopal Agrawal
Total work experience of over 20
years
Managing the Scheme since
October 2018
Jay Kothari (Dedicated Fund
Manager for overseas investments)
Total work experience of 14 years.
Managing this Scheme since March
2013
Jun 10, 2010
S&P BSE 200 (TRI)
| Regular Plan | |
| Growth: | ₹ 24.900 |
| Direct Plan | |
| Growth: | ₹ 26.167 |
₹ 1,994 Cr
₹ 1,919 Cr
0.11
| Standard Deviation : | 15.55% |
| Beta : | 1.11 |
| R-Squared : | 90.77% |
| Sharpe Ratio : | 0.19 |
| Regular Plan : | 2.14% |
| Direct Plan : | 1.09% |
Focused
9 Yr 4 Mn
| AUM as on 31 October 2019 (₹ in Cr) | 1,994 |
Holding period <12 months: 1%
Holding period >=12 months: Nil
| Name of Instrument | % to Net Assets |
| EQUITY & EQUITY RELATED | |
| Listed / awaiting listing on the stock exchanges | |
| Banks | 27.99% |
| ✔ HDFC Bank Limited | 13.16% |
| ✔ ICICI Bank Limited | 9.82% |
| IndusInd Bank Limited | 2.16% |
| The Federal Bank Limited | 1.88% |
| Axis Bank Limited | 0.96% |
| Finance | 17.87% |
| ✔ Bajaj Finance Limited | 6.98% |
| SBI Life Insurance Company Limited | 2.98% |
| Housing Development Finance Corporation Limited | 2.26% |
| ICICI Lombard General Insurance Company Limited | 2.06% |
| HDFC Life Insurance Company Limited | 1.84% |
| HDFC Asset Management Company Limited | 1.75% |
| Petroleum Products | 7.28% |
| ✔ Reliance Industries Limited | 6.09% |
| Bharat Petroleum Corporation Limited | 1.19% |
| Consumer Durables | 6.24% |
| ✔ Whirlpool of India Limited | 4.33% |
| Havells India Limited | 1.91% |
| Auto | 6.20% |
| ✔ Maruti Suzuki India Limited | 3.62% |
| Eicher Motors Limited | 2.58% |
| Construction Project | 6.17% |
| ✔ Larsen & Toubro Limited | 6.17% |
| Cement | 5.76% |
| ✔ Shree Cement Limited | 3.37% |
| UltraTech Cement Limited | 2.40% |
| Fertilisers | 4.18% |
| ✔ Coromandel International Limited | 4.18% |
| Consumer Non Durables | 3.99% |
| ✔ ITC Limited | 3.99% |
| Pharmaceuticals | 3.50% |
| Dr. Reddy's Laboratories Limited | 2.06% |
| Sun Pharmaceutical Industries Limited | 1.44% |
| Software | 3.44% |
| Infosys Limited | 2.57% |
| Tech Mahindra Limited | 0.87% |
| Ferrous metals | 1.99% |
| Tata Steel Limited | 1.97% |
| Tata Steel Limited - Partly Paid Shares | 0.02% |
| Construction | 1.32% |
| Ahluwalia Contracts (India) Limited | 1.32% |
| Non - Ferrous metals | 1.30% |
| Hindalco Industries Limited | 1.30% |
| Power | 0.86% |
| NTPC Limited | 0.86% |
| Total | 98.09% |
| MONEY MARKET INSTRUMENTS | |
| TREPS / Reverse Repo Investments / Corporate Debt Repo | 1.87% |
| Total | 1.87% |
| Cash & Cash Equivalent | |
| Net Receivables/Payables | 0.04% |
| Total | 0.04% |
| GRAND TOTAL | 100.00% |
✔ Top 10 Holdings
DSP Focus Fund erstwhile known as DSP Focus 25 Fund
| Growth of Rs. 1 L invested at inception: | 2.49 L |
| SIP Returns(In %) | ||||
| 3 yr | 5 yr | 10 yr | SI* | |
| *SI - Since inception | 9.18 | 9.29 | NA | 11.89 |
| Outperformed Benchmark TRI (calendar year) | S&P BSE 200 TRI 56% |
| 10 yr | 5 yr | 3 yr | 1 yr | |
| Minimum | -- | 7.1 | -5.9 | -22.5 |
| Maximum | -- | 22.1 | 28.4 | 71.8 |
| Average | -- | 14.0 | 13.0 | 10.7 |
| % times negative returns | -- | -- | 8.7 | 29.5 |
| % of times returns are in excess of 7% | -- | 100.0 | 79.4 | 48.9 |
Mid Cap: 101st -250th company in terms of full market capitalization
Small Cap: 251st company onwards in terms of full market capitalization.
| Positions Exited |
| Stock |
| Banks |
| Bandhan Bank Limited |
| New Position Bought |
| Stock |
| Software |
| Infosys Limited |
| Banks |
| The Federal Bank Limited |
| Positions Decreased |
| Stock |
| Auto |
| Maruti Suzuki India Limited |
| Ferrous Metals |
| Tata Steel Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Finance |
| ICICI Lombard General Insurance Company Limited |
Rebalances below 0.05 % are not considered.
The primary investment objective of
the Scheme is to generate long-term
capital growth from a portfolio of equity
and equity-related securities including
equity derivatives. The portfolio will
consist of multi cap companies by market
capitalisation. The Scheme will hold
equity and equity-related securities
including equity derivatives, of upto 30
companies. The Scheme may also invest
in debt and money market securities,
for defensive considerations and/or for
managing liquidity requirements.
There is no assurance that the
investment objective of the Scheme
will be realized.
This Open Ended Equity Scheme is suitable for investors who are seeking*
• Long-term capital growth with exposure limited to a maximum of 30 stocks from a multi cap investment universe
• Investment in equity and equity-related securities to form a concentrated portfolio
* Investors should consult their financial advisors if in doubt whether the product is suitable for them.