DSP Nifty 50 Index Fund
An open ended scheme replicating / tracking NIFTY 50 Index
DSP Nifty 50 Index Fund
An open ended scheme replicating / tracking NIFTY 50 Index

Invests in top 50 companies of the country by market cap
These companies have emerged as leaders in their sector post going through multiple business and economic cycles

Fund Manager

Anil Ghelani
Total work experience of 21 years.
Managing this Scheme since July 2019.

Inception date

February 21, 2019

Benchmark

NIFTY 50 (TRI)

NAV AS ON JUNE 30, 2020
Regular Plan  
Growth: ₹ 09.5804
Direct Plan  
Growth: ₹ 09.6074
Total aum

₹ 59 Cr

Monthly average aum

₹ 59 Cr

Portfolio Turnover Ratio (Last 10 months):

0.66

Month End Expense Ratio
Regular Plan : 0.39%
Direct Plan : 0.21%

Exit Load

Nil

Name of Instrument % to Net Assets
EQUITY & EQUITY RELATED
Listed / awaiting listing on the stock exchanges
Banks 24.41
✔ HDFC Bank Limited 10.46
✔ ICICI Bank Limited 5.16
✔ Kotak Mahindra Bank Limited 4.51
Axis Bank Limited 2.08
State Bank of India 1.55
IndusInd Bank Limited 0.65
Yes Bank Limited# *
Software 13.93
✔ Infosys Limited 6.11
✔ Tata Consultancy Services Limited 4.96
HCL Technologies Limited 1.37
Tech Mahindra Limited 0.76
Wipro Limited 0.74
Petroleum Products 13.41
✔ Reliance Industries Limited 12.23
Bharat Petroleum Corporation Limited 0.68
Indian Oil Corporation Limited 0.49
Consumer Non Durables 12.33
✔ Hindustan Unilever Limited 4.41
✔ ITC Limited 3.85
Asian Paints Limited 1.72
Nestle India Limited 1.39
Britannia Industries Limited 0.96
Finance 9.37
✔ Housing Development Finance Corporation Limited 6.87
Bajaj Finance Limited 1.70
Bajaj Finserv Limited 0.80
Auto 5.43
Maruti Suzuki India Limited 1.76
Mahindra & Mahindra Limited 1.11
Bajaj Auto Limited 0.83
Hero MotoCorp Limited 0.75
Eicher Motors Limited 0.58
Tata Motors Limited 0.40
Telecom - Services 3.04
✔ Bharti Airtel Limited 3.04
Pharmaceuticals 2.98
Sun Pharmaceutical Industries Limited 1.16
Dr. Reddy's Laboratories Limited 1.08
Cipla Limited 0.74
Construction Project 2.61
Larsen & Toubro Limited 2.61
Cement 2.27
UltraTech Cement Limited 1.02
Shree Cement Limited 0.70
Grasim Industries Limited 0.55
Power 2.07
NTPC Limited 1.05
Power Grid Corporation of India Limited 1.02
Ferrous metals 0.99
Tata Steel Limited 0.55
JSW Steel Limited 0.44
Non - Ferrous metals 0.92
Hindalco Industries Limited 0.48
Vedanta Limited 0.44
Consumer Durables 0.90
Titan Company Limited 0.90
Oil 0.67
Oil & Natural Gas Corporation Limited 0.67
Minerals/Mining 0.63
Coal India Limited 0.63
Transportation 0.59
Adani Ports and Special Economic Zone Limited 0.59
Pesticides 0.53
UPL Limited 0.53
Gas 0.43
GAIL (India) Limited 0.43
Telecom - Equipment & Accessories 0.43
Bharti Infratel Limited 0.43
Media & Entertainment 0.35
Zee Entertainment Enterprises Limited 0.35
Total 98.29
MONEY MARKET INSTRUMENTS
TREPS / Reverse Repo Investments / Corporate Debt Repo 0.46
Total 0.46
Cash & Cash Equivalent
Net Receivables/Payables 1.25
Total 1.25
GRAND TOTAL 100.00

✔ Top Ten Holdings
* Less than 0.01%
Subject to SEBI (MF) Regulations and the applicable guidelines issued by SEBI, Scheme has entered into securities lending in accordance with the framework specified in this regard.

Reconstituted Portfolio#
As per the guidance note issued by AMFI vide correspondence 35P/MEM-COR/57/2019-20 any realization of proceeds from the locked-in shares of Yes Bank Ltd. (post conclusion of the lock in period) shall be distributed among the set of investors existing in the unit holders’ register / BENPOS as on end of March 13, 2020.


 
Positions Increased
Consumer Non Durables
Hindustan Unilever Limited
 
Positions Decreased
Telecom - Services
Bharti Airtel Limited
Media & Entertainment
Zee Entertainment Enterprises Limited
Oil
Oil & Natural Gas Corporation Limited
Minerals/Mining
Coal India Limited
Consumer Durables
Titan Company Limited
Gas
GAIL (India) Limited
Telecom - Equipment & Accessories
Bharti Infratel Limited
Pesticides
UPL Limited
Construction Project
Larsen & Toubro Limited
Transportation
Adani Ports and Special Economic Zone Limited
Non - Ferrous Metals
Hindalco Industries Limited
Vedanta Limited
Power
Power Grid Corporation of India Limited
NTPC Limited
Ferrous Metals
JSW Steel Limited
Tata Steel Limited
Cement
Shree Cement Limited
Grasim Industries Limited
UltraTech Cement Limited
Finance
Housing Development Finance Corporation Limited
Bajaj Finserv Limited
Bajaj Finance Limited
Pharmaceuticals
Dr. Reddy's Laboratories Limited
Cipla Limited
Sun Pharmaceutical Industries Limited
Petroleum Products
Indian Oil Corporation Limited
Bharat Petroleum Corporation Limited
Reliance Industries Limited
Consumer Non Durables
Britannia Industries Limited
Asian Paints Limited
ITC Limited
Nestle India Limited
Software
Tech Mahindra Limited
Wipro Limited
Infosys Limited
HCL Technologies Limited
Tata Consultancy Services Limited
Banks
Kotak Mahindra Bank Limited
HDFC Bank Limited
ICICI Bank Limited
Axis Bank Limited
IndusInd Bank Limited
State Bank of India
Auto
Bajaj Auto Limited
Hero MotoCorp Limited
Tata Motors Limited
Mahindra & Mahindra Limited
Eicher Motors Limited
Maruti Suzuki India Limited
Note: The above position change is compared to last month-end data.
Rebalances below 0.05 % are not considered.

Investment Objective

The investment objective of the Scheme is to generate returns that are commensurate with the performance of the NIFTY 50 Index, subject to tracking error.
However, there is no assurance that the objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Product Labelling

This open ended equity Scheme is suitable for investors who are seeking*
• Long-term capital growth
• Returns that are commensurate with the performance of NIFTY 50 Index, subject to tracking error.

* Investors should consult their financial advisors if in doubt whether the product is suitable for them.