DSP Focus Fund
An open ended equity scheme investing in maximum 30 stocks. The Scheme shall focus on multi cap stocks.
DSP Focus Fund
An open ended equity scheme investing in maximum 30 stocks. The Scheme shall focus on multi cap stocks.

Fund Manager

Vinit Sambre
Total work experience of 19 years
Managing the Scheme since June 2020

Jay Kothari (Dedicated Fund Manager for overseas investments)
Total work experience of 14 years.
Managing this Scheme since March 2013

Inception date

Jun 10, 2010

Benchmark

S&P BSE 200 (TRI)

NAV AS ON AUGUST 31, 2020
Regular Plan  
Growth: ₹ 23.018
Direct Plan  
Growth: ₹ 24.409
Total aum

₹ 1,769 Cr

Monthly average aum

₹ 1,788 Cr

Portfolio Turnover Ratio(Last 12 months):

0.44

3 Year Risk Statistics:
Standard Deviation : 23.92%
Beta : 1.10
R-Squared : 96.00%
Sharpe Ratio : -0.09
Month End Expense Ratio
Regular Plan : 2.16%
Direct Plan : 1.08%
Fund Category

Focused

Tenure

10 Yr 2 Mn

Fund Details as on 31 August 2020
AUM as on 31 August 2020(₹ in Cr) 1,769
Exit Load

Holding period <12 months: 1%
Holding period >=12 months: Nil

*Vinit Sambre will be managing the scheme from June 2020

Name of Instrument% to Net Assets
EQUITY & EQUITY RELATED
Listed / awaiting listing on the stock exchanges
Banks 17.34
✔ HDFC Bank Limited 9.96
✔ ICICI Bank Limited 7.37
Consumer Durables 11.83
Havells India Limited 3.48
Whirlpool of India Limited 3.35
Sheela Foam Limited 2.64
Titan Company Limited 2.36
Software 9.81
✔ Infosys Limited 5.15
✔ Tata Consultancy Services Limited 3.67
Tech Mahindra Limited 0.99
Finance 9.34
SBI Life Insurance Company Limited 3.02
HDFC Life Insurance Company Limited 2.43
ICICI Lombard General Insurance Company Limited 2.17
Bajaj Finance Limited 1.71
Cement 8.75
✔ UltraTech Cement Limited 4.88
✔ Shree Cement Limited 3.87
Auto 7.64
✔ Maruti Suzuki India Limited 4.36
Eicher Motors Limited 3.28
Fertilisers 7.53
✔ Coromandel International Limited 7.53
Consumer Non Durables 7.37
Emami Limited 2.74
Colgate Palmolive (India) Limited 2.70
Dabur India Limited 1.94
Pharmaceuticals 6.00
Dr. Reddy's Laboratories Limited 3.09
Cipla Limited 2.91
Petroleum Products 3.85
✔ Reliance Industries Limited 3.60
Reliance Industries Limited - Partly Paid Shares 0.25
Telecom - Services 3.71
✔ Bharti Airtel Limited 3.71
Non - Ferrous Metals 1.44
Hindalco Industries Limited 1.44
Construction 1.28
Ahluwalia Contracts (India) Limited 1.28
Industrial Products 1.08
AIA Engineering Limited 1.08
Total 96.96
MONEY MARKET INSTRUMENTS
TREPS / Reverse Repo Investments / Corporate Debt Repo 3.83
Total 3.83
Cash & Cash Equivalent
Net Receivables/Payables -0.79
Total -0.79
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: 2.30 L

SIP Returns(In %)
  10 yr 5 yr 3 yr SI*
*SI - Since inception8.91 4.47 1.918.87

Outperformed Benchmark TRI (calendar year) S&P BSE 200 TRI
44%

Rolling Return
  10 yr 5 yr 3 yr 1 yr
Minimum7.1 -1.9 -7.4 -29.7
Maximum8.3 22.1 28.4 71.8
Average7.9 12.6 12.0 10.0
% times negative returns-- 0.8 11.2 30.7
% of times returns are in
excess of 7%		100.0 90.3 75.0 48.5
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns are for Regular Plan - Growth Option Click here for performance in SEBI prescribed format.

Large Cap: 1st -100th company in terms of full market capitalization
Mid Cap: 101st -250th company in terms of full market capitalization
Small Cap: 251st company onwards in terms of full market capitalization.

 
Positions Exited
Construction Project
Larsen & Toubro Limited
Ferrous Metals
Tata Steel Limited
Finance
HDFC Asset Management Company Limited
 
New Position Bought
Industrial Products
AIA Engineering Limited
 
Positions Increased
Auto
Eicher Motors Limited
Consumer Durables
Sheela Foam Limited
Consumer Non Durables
Colgate Palmolive (India) Limited
Note: The above position change is compared to last month-end data.
Rebalances below 0.05 % are not considered.

Investment Objective

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.

Product Labelling

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.