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 21 years
Managing the Scheme since June 2020

Jay Kothari (Dedicated Fund Manager for overseas investments)
Total work experience of 16 years.
Managing this Scheme since March 2013

Inception date

Jun 10, 2010

Benchmark

S&P BSE 200 (TRI)

NAV
Regular Plan  
Growth: ₹ 23.264
Direct Plan  
Growth: ₹ 24.691
Total aum

₹ 1,856 Cr

Monthly average aum

₹ 1,832 Cr

Portfolio Turnover Ratio(Last 12 months):

0.48

3 Year Risk Statistics:
Standard Deviation : 23.91%
Beta : 1.10
R-Squared : 95.82%
Sharpe Ratio : -0.06
Month End Expense Ratio
Regular Plan : 2.15%
Direct Plan : 1.09%
Fund Category

Focused

Tenure

10 Yr 3 Mn

Exit Load

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

Data As On September 30, 2020

Name of Instrument% to Net Assets
EQUITY & EQUITY RELATED
Listed / awaiting listing on the stock exchanges
Banks 15.50
✔ HDFC Bank Limited 9.18
✔ ICICI Bank Limited 6.32
Consumer Durables 11.84
✔ Havells India Limited 3.65
Whirlpool of India Limited 3.30
Titan Company Limited 2.46
Sheela Foam Limited 2.42
Software 11.77
✔ Infosys Limited 6.12
✔ Tata Consultancy Services Limited 4.65
Tech Mahindra Limited 1.00
Consumer Non Durables 9.22
Colgate Palmolive (India) Limited 3.33
Emami Limited 2.57
Dabur India Limited 1.99
Godrej Consumer Products Limited 1.34
Finance 8.76
SBI Life Insurance Company Limited 2.82
HDFC Life Insurance Company Limited 2.26
ICICI Lombard General Insurance Company Limited 2.14
Bajaj Finance Limited 1.54
Cement 8.51
✔ UltraTech Cement Limited 4.82
✔ Shree Cement Limited 3.68
Auto 7.39
✔ Maruti Suzuki India Limited 4.10
Eicher Motors Limited 3.29
Fertilisers 7.30
✔ Coromandel International Limited 7.30
Pharmaceuticals 7.30
✔ Cipla Limited 3.71
Dr. Reddy's Laboratories Limited 3.58
Telecom - Services 2.67
Bharti Airtel Limited 2.67
Industrial Products 2.29
AIA Engineering Limited 2.29
Non - Ferrous Metals 1.30
Hindalco Industries Limited 1.30
Construction 1.10
Ahluwalia Contracts (India) Limited 1.10
Total 94.93
MONEY MARKET INSTRUMENTS
TREPS / Reverse Repo Investments / Corporate Debt Repo 5.39
Total 5.39
Cash & Cash Equivalent
Net Receivables/Payables -0.32
Total -0.32
GRAND TOTAL 100.00

as on 30th Sept'20

✔ Top Ten Holdings
DSP Focus Fund erstwhile known as DSP Focus 25 Fund
Classification of % of holdings based on Market Capitalisation: Large-Cap 75.95%, Mid Cap 15.46%, Small-Cap 3.52%.
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


Growth of Rs. 1 L invested at inception: 2.33 L

SIP Returns(In %)
  10 yr 5 yr 3 yr SI*
9.00 4.67 2.538.94
*SI - Since inception
Outperformed Benchmark TRI (calendar year) S&P BSE 200 TRI
50%

Rolling Return
  10 yr 5 yr 3 yr 1 yr
Minimum (%)7.1 -1.9 -7.4 -29.7
Maximum (%)8.3 22.1 28.4 71.8
Average (%)7.8 12.5 11.8 9.9
% times negative returns-- 0.8 11.1 30.7
% of times returns are in
excess of 7%		100.0 88.9 74.1 48.2
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
Petroleum Products
Reliance Industries Limited
 
New Position Bought
Consumer Non Durables
Godrej Consumer Products Limited
 
Positions Increased
Industrial Products
AIA Engineering Limited
Software
Tata Consultancy Services Limited
Infosys Limited
Pharmaceuticals
Cipla Limited
Consumer Non Durables
Colgate Palmolive (India) Limited
 
Positions Decreased
Telecom - Services
Bharti Airtel 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.