DSP India T.I.G.E.R. Fund
(The Infrastructure Growth and Economic Reforms)An open ended equity scheme following economic reforms and/or Infrastructure development theme
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DSP India T.I.G.E.R. Fund (The Infrastructure Growth and Economic Reforms) An open ended equity scheme following economic reforms and/or Infrastructure development theme |
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Fund Manager
Rohit Singhania
Total work experience of 18 years.
Managing this Scheme since June 2010
Jay Kothari (Dedicated Fund
Manager for overseas investments)
Total work experience of 14 years.
Managing this Scheme since
March 2018.
Inception date
June 11, 2004
Benchmark
S&P BSE 100 (TRI)
NAV AS ON JUNE 30, 2020
| Regular Plan | |
| Growth: | ₹ 72.010 |
| Direct Plan | |
| Growth: | ₹ 75.056 |
Total aum
₹ 769 Cr
Monthly average aum
₹ 756 Cr
Portfolio Turnover Ratio(Last 12 months):
0.91
3 Year Risk Statistics:
| Standard Deviation : | 26.09% |
| Beta : | 1.16 |
| R-Squared : | 85.83% |
| Sharpe Ratio : | -0.38 |
Month End Expense Ratio
| Regular Plan : | 2.50% |
| Direct Plan : | 1.91% |
Fund Category
Sectoral/Thematic
Tenure
16 Yr
Fund Details as on 30 June 2020
| AUM as on 30 June 2020 (₹ in Cr) | 769 |
Exit Load
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 | 14.81 |
| ✔ ICICI Bank Limited | 7.97 |
| ✔ HDFC Bank Limited | 4.47 |
| Axis Bank Limited | 1.88 |
| State Bank of India | 0.49 |
| Construction Project | 9.13 |
| ✔ Larsen & Toubro Limited | 3.42 |
| H.G. Infra Engineering Limited | 1.82 |
| Ashoka Buildcon Limited | 1.21 |
| Dilip Buildcon Limited | 0.95 |
| Techno Electric & Engineering Company Limited | 0.88 |
| Power Mech Projects Limited | 0.85 |
| Cement | 8.17 |
| ✔ ACC Limited | 2.35 |
| ✔ UltraTech Cement Limited | 2.02 |
| Shree Cement Limited | 1.44 |
| JK Lakshmi Cement Limited | 1.05 |
| Ambuja Cements Limited | 0.93 |
| Sanghi Industries Limited | 0.39 |
| Telecom - Services | 7.95 |
| ✔ Bharti Airtel Limited | 7.95 |
| Industrial Capital Goods | 7.73 |
| ✔ Thermax Limited | 2.10 |
| Siemens Limited | 1.88 |
| Bharat Electronics Limited | 1.38 |
| ABB India Limited | 1.28 |
| BEML Limited | 1.09 |
| Petroleum Products | 7.71 |
| ✔ Reliance Industries Limited | 3.94 |
| Bharat Petroleum Corporation Limited | 1.99 |
| Hindustan Petroleum Corporation Limited | 1.71 |
| Reliance Industries Limited - Partly Paid Shares | 0.07 |
| Industrial Products | 5.73 |
| Carborundum Universal Limited | 1.34 |
| Bharat Forge Limited | 1.30 |
| Finolex Cables Limited | 1.08 |
| KEI Industries Limited | 0.75 |
| Grindwell Norton Limited | 0.72 |
| SKF India Limited | 0.52 |
| Construction | 5.30 |
| ✔ KNR Constructions Limited | 2.69 |
| Ahluwalia Contracts (India) Limited | 1.39 |
| PNC Infratech Limited | 1.21 |
| Transportation | 4.26 |
| ✔ Gujarat Pipavav Port Limited | 2.47 |
| Container Corporation of India Limited | 1.79 |
| Finance | 4.24 |
| Manappuram Finance Limited | 1.97 |
| Bajaj Finance Limited | 1.14 |
| Bajaj Finserv Limited | 0.73 |
| Satin Creditcare Network Limited | 0.40 |
| Consumer Durables | 4.18 |
| Crompton Greaves Consumer Electricals Limited | 1.88 |
| Voltas Limited | 1.24 |
| Blue Star Limited | 1.07 |
| Power | 3.83 |
| NTPC Limited | 1.89 |
| CESC Limited | 1.16 |
| Kalpataru Power Transmission Limited | 0.78 |
| Non - Ferrous metals | 2.55 |
| Hindustan Zinc Limited | 1.37 |
| Hindalco Industries Limited | 1.18 |
| Fertilisers | 1.89 |
| Chambal Fertilizers & Chemicals Limited | 1.89 |
| Ferrous metals | 1.70 |
| Ratnamani Metals & Tubes Limited | 1.10 |
| APL Apollo Tubes Limited | 0.61 |
| Chemicals | 1.47 |
| Solar Industries India Limited | 1.47 |
| Minerals/Mining | 1.15 |
| Coal India Limited | 1.15 |
| Auto Ancillaries | 0.99 |
| Exide Industries Limited | 0.99 |
| Textile Products | 0.98 |
| Welspun India Limited | 0.98 |
| Gas | 0.91 |
| Gujarat State Petronet Limited | 0.91 |
| Consumer Non Durables | 0.54 |
| Asian Paints Limited | 0.54 |
| Total | 95.22 |
| Arbitrage | |
| Index Options | 0.10 |
| Total | 0.10 |
| MONEY MARKET INSTRUMENTS | |
| TREPS / Reverse Repo Investments / Corporate Debt Repo | 4.23 |
| Total | 4.23 |
| Cash & Cash Equivalent | |
| Cash Margin | 0.55 |
| Net Receivables/Payables | -0.10 |
| Total | 0.45 |
| GRAND TOTAL | 100.00 |
✔ Top Ten Holdings
| Growth of Rs. 1 L invested at inception: | 7.20 L |
| SIP Returns(In %) | ||||
| 10 yr | 5 yr | 3 yr | SI* | |
| *SI - Since inception | 4.22 | (4.34) | (12.40) | 7.50 |
| Outperformed Benchmark TRI (calendar year) |
S&P BSE 100 TRI 38% |
Rolling Return
| 10 yr | 5 yr | 3 yr | 1 yr | |
| Minimum | 2.2 | -5.7 | -13.4 | -60.8 |
| Maximum | 19.8 | 31.6 | 69.0 | 118.8 |
| Average | 11.0 | 11.5 | 13.2 | 18.7 |
| % times negative returns | -- | 9.8 | 16.8 | 33.6 |
| % of times returns are in excess of 7% | 89.2 | 70.1 | 65.5 | 57.3 |
Mid Cap: 101st -250th company in terms of full market capitalization
Small Cap: 251st company onwards in terms of full market capitalization.
| Positions Exited |
| Auto |
| Escorts Limited |
| Industrial Products |
| Cummins India Limited |
| Consumer Durables |
| Havells India Limited |
| New Position Bought |
| Fertilisers |
| Chambal Fertilizers & Chemicals Limited |
| Ferrous Metals |
| Ratnamani Metals & Tubes Limited |
| APL Apollo Tubes Limited |
| Industrial Products |
| Bharat Forge Limited |
| Cement |
| Ambuja Cements Limited |
| Banks |
| State Bank of India |
| Positions Increased |
| Non - Ferrous Metals |
| Hindalco Industries Limited |
| Industrial Capital Goods |
| Siemens Limited |
| ABB India Limited |
| Petroleum Products |
| Reliance Industries Limited |
| Hindustan Petroleum Corporation Limited |
| Transportation |
| Container Corporation of India Limited |
| Gas |
| Gujarat State Petronet Limited |
| Consumer Durables |
| Voltas Limited |
| Telecom - Services |
| Bharti Airtel Limited |
| Auto Ancillaries |
| Exide Industries Limited |
| Construction Project |
| Larsen & Toubro Limited |
| Industrial Products |
| KEI Industries Limited |
| Positions Decreased |
| Construction |
| KNR Constructions Limited |
| Petroleum Products |
| Bharat Petroleum Corporation Limited |
| Chemicals |
| Solar Industries India Limited |
| Industrial Capital Goods |
| Bharat Electronics Limited |
| Minerals/Mining |
| Coal India Limited |
| Consumer Durables |
| Crompton Greaves Consumer Electricals Limited |
| Consumer Non Durables |
| Asian Paints Limited |
| Construction Project |
| H.G. Infra Engineering Limited |
| Ashoka Buildcon Limited |
| Dilip Buildcon Limited |
| Banks |
| HDFC Bank Limited |
| ICICI Bank Limited |
| Axis Bank Limited |
| Industrial Products |
| SKF India Limited |
| Cement |
| ACC Limited |
| UltraTech Cement Limited |
| Shree Cement Limited |
| Finance |
| Manappuram Finance Limited |
| Bajaj Finserv Limited |
| Bajaj Finance Limited |
Rebalances below 0.05 % are not considered.
Investment Objective
The primary investment objective
of the Scheme is to seek to generate
capital appreciation, from a portfolio
that is substantially constituted of
equity securities and equity related
securities of corporates, which could
benefit from structural changes brought
about by continuing liberalization in
economic policies by the Government
and/ or from continuing investments in
infrastructure, both by the public and
private sector.
There is no assurance that the
investment objective of the Scheme
will be realized.
Product Labelling
This Scheme is suitable for investors who are seeking*
• Long-term capital growth
• Investment in equity and equity-related securities of corporates, which could benefit from structural changes
brought about by continuing liberalization in economic policies by the Government and/or from continuing
Investments in infrastructure, both by the public and private sector
* Investors should consult their financial advisors if in doubt whether the product is suitable for them.