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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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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
Jun 10, 2010
S&P BSE 200 (TRI)
| Regular Plan | |
| Growth: | ₹ 21.394 |
| Direct Plan | |
| Growth: | ₹ 22.646 |
₹ 1,705 Cr
₹ 1,677 Cr
0.39
| Standard Deviation : | 24.05% |
| Beta : | 1.12 |
| R-Squared : | 96.41% |
| Sharpe Ratio : | -0.11 |
| Regular Plan : | 2.18% |
| Direct Plan : | 1.08% |
Focused
10 Yr
| AUM as on 30 June 2020(₹ in Cr) | 1,705 |
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 | 18.26 |
| ✔ HDFC Bank Limited | 9.88 |
| ✔ ICICI Bank Limited | 8.38 |
| Finance | 12.75 |
| ✔ Bajaj Finance Limited | 4.05 |
| SBI Life Insurance Company Limited | 3.05 |
| HDFC Life Insurance Company Limited | 2.41 |
| ICICI Lombard General Insurance Company Limited | 2.27 |
| HDFC Asset Management Company Limited | 0.96 |
| Consumer Durables | 8.91 |
| ✔ Havells India Limited | 3.40 |
| Whirlpool of India Limited | 3.40 |
| Titan Company Limited | 2.12 |
| Cement | 8.17 |
| ✔ Shree Cement Limited | 4.56 |
| ✔ UltraTech Cement Limited | 3.60 |
| Software | 8.03 |
| ✔ Infosys Limited | 4.24 |
| Tata Consultancy Services Limited | 3.04 |
| Tech Mahindra Limited | 0.75 |
| Fertilisers | 7.77 |
| ✔ Coromandel International Limited | 7.77 |
| Auto | 6.35 |
| Maruti Suzuki India Limited | 3.37 |
| Eicher Motors Limited | 2.98 |
| Consumer Non Durables | 6.21 |
| Colgate Palmolive (India) Limited | 2.48 |
| Dabur India Limited | 1.97 |
| Emami Limited | 1.76 |
| Petroleum Products | 4.66 |
| ✔ Reliance Industries Limited | 4.49 |
| Reliance Industries Limited - Partly Paid Shares | 0.17 |
| Pharmaceuticals | 4.41 |
| Dr. Reddy's Laboratories Limited | 2.96 |
| Cipla Limited | 1.45 |
| Telecom - Services | 4.20 |
| ✔ Bharti Airtel Limited | 4.20 |
| Construction Project | 2.14 |
| Larsen & Toubro Limited | 2.14 |
| Ferrous metals | 2.00 |
| Tata Steel Limited | 1.98 |
| Tata Steel Limited - Partly Paid Shares | 0.02 |
| Non - Ferrous metals | 1.18 |
| Hindalco Industries Limited | 1.18 |
| Construction | 1.05 |
| Ahluwalia Contracts (India) Limited | 1.05 |
| Total | 96.08 |
| MONEY MARKET INSTRUMENTS | |
| TREPS / Reverse Repo Investments / Corporate Debt Repo | 4.16 |
| Total | 4.16 |
| Cash & Cash Equivalent | |
| Net Receivables/Payables | -0.24 |
| Total | -0.24 |
| 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: | 2.14 L |
| SIP Returns(In %) | ||||
| 10 yr | 5 yr | 3 yr | SI* | |
| *SI - Since inception | 7.76 | 1.85 | (2.76) | 7.76 |
| Outperformed Benchmark TRI (calendar year) |
S&P BSE 200 TRI 44% |
| 10 yr | 5 yr | 3 yr | 1 yr | |
| Minimum | 7.1 | -1.9 | -7.4 | -29.7 |
| Maximum | 7.6 | 22.1 | 28.4 | 71.8 |
| Average | 7.4 | 12.9 | 12.2 | 10.2 |
| % times negative returns | -- | 0.8 | 11.5 | 30.6 |
| % of times returns are in excess of 7% | 100.0 | 93.5 | 76.9 | 49.3 |
Mid Cap: 101st -250th company in terms of full market capitalization
Small Cap: 251st company onwards in terms of full market capitalization.
| Positions Exited |
| Consumer Non Durables |
| ITC Limited |
| Finance |
| Housing Development Finance Corporation Limited |
| Banks |
| Axis Bank Limited |
| The Federal Bank Limited |
| Auto |
| Tata Motors Limited |
| Pharmaceuticals |
| Sun Pharmaceutical Industries Limited |
| New Position Bought |
| Consumer Non Durables |
| Colgate Palmolive (India) Limited |
| Dabur India Limited |
| Software |
| Tata Consultancy Services Limited |
| Consumer Durables |
| Titan Company Limited |
| Pharmaceuticals |
| Cipla Limited |
| Positions Increased |
| Telecom - Services |
| Bharti Airtel Limited |
| Consumer Durables |
| Havells India Limited |
| Finance |
| HDFC Life Insurance Company Limited |
| SBI Life Insurance Company Limited |
| Auto |
| Eicher Motors Limited |
| Positions Decreased |
| Banks |
| HDFC Bank Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Finance |
| Bajaj Finance Limited |
| Construction Project |
| Larsen & Toubro 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.