This document provides an overview of the DSP Nifty 50 Index Fund and DSP Nifty Next 50 Index Fund. It discusses the advantages of passive index funds such as lower costs and market exposure. It summarizes the characteristics of the Nifty 50 and Nifty Next 50 indices, including their sector allocations and top holdings. The document also reviews the past performance of the indices and shows how investing in them through lump sums or SIPs can generate long-term growth. Fund features like investment objective, benchmark, asset allocation and expenses are also highlighted.
1) The document describes the DSP Equal Nifty 50 Fund, which invests in companies that are part of the Nifty 50 Equal Weight Index.
2) The Nifty 50 Equal Weight Index provides equal weight to each of the 50 companies in the index, unlike the traditional Nifty 50 Index which weights companies based on market capitalization.
3) This equal weighting reduces concentration risk and provides more balanced exposure across large and small companies compared to the traditional market cap weighted Nifty 50 Index.
The document discusses the DSP Equal Nifty 50 Fund, an index fund that tracks the Nifty 50 Equal Weight Index. It notes that the fund aims to achieve diversification across stocks and sectors by investing equally in the 50 companies that make up the Nifty 50 index. This equal weighting reduces concentration risk compared to the traditional Nifty 50 index, which weights companies based on market capitalization. The summary also provides high-level information on the fund manager, Anil Ghelani, and his experience.
SBI Magnum Balanced Fund: An Open-ended Balanced Scheme - Sep 16SBI Mutual Fund
SBI Magnum Balanced Fund invests in a mix of equity and debt investments. It provides a good investment opportunity to investors who do not wish to be completely exposed to equity markets, but are looking for relatively higher returns than those provided by debt funds. The scheme invests in a diversified portfolio of equities of high growth companies and balances the risk through investing the rest in a relatively safe portfolio of debt.To know more about this mutual fund check SBI Mutual Fund page
https://www.sbimf.com/Products/HybridSchemes/Magnum_Balanced_Fund.aspx
SBI Dynamic Asset Allocation Fund: An Open-ended Dynamic Asset Allocation Sch...SBI Mutual Fund
SBI Dynamic Asset Allocation Fund is an open-ended dynamic asset allocation scheme which aims to provide investors an opportunity to invest in a portfolio of a mix of equity and equity-related securities and fixed-income instruments which will be managed dynamically so as to provide investors with long-term capital appreciation.To know more about this mutual fund check SBI Mutual Fund page
https://www.sbimf.com/Products/HybridSchemes.aspx
Hdfc Prudence Fund - What a successful journey so far...Pradip Chinnakonda
One of my favourite Fund, a fund managed by Shri Prashant Jain who has brought laurels to HDFC AMC and himself. The dividend yield consistency is so good that we have started recommending this fund as a pension fund. A fund which all investor should have in their portfolio.
SBI Emerging Businesses Fund: An Open-ended Equity Fund - Jan 17SBI Mutual Fund
This document provides information on an investment product suitable for long-term capital appreciation by investing in emerging companies with export orientation or outsourcing opportunities. It discusses the fund's bottom-up stock picking approach, with a focus on management quality, growth, business model, profitability, and valuations. The fund takes a flexible approach to market capitalization, and currently has a portfolio skewed toward mid-cap stocks, with higher concentration in services, consumer goods, and financial services sectors. It seeks to generate long-term returns through a high-conviction, focused portfolio of 20-30 stocks.
SBI Magnum Equity Fund: An Open Ended Growth Scheme - Feb 2016SBI Mutual Fund
SBI Magnum Equity Mutual Fund aims to provide the investor Long-term capital appreciation by investing in high growth companies along with the liquidity of an open-ended scheme through investments primarily in equities and the balance in debt and money market instruments.SBI Mutual Fund is celebrating 25 years of SBI Magnum Equity Fund.Have a look at our journey and our plan ahead in this presentation.To know more about this product check our website page https://www.sbimf.com/Products/EquitySchemes/Magnum_Equity_Fund.aspx
1) The document describes the DSP Equal Nifty 50 Fund, which invests in companies that are part of the Nifty 50 Equal Weight Index.
2) The Nifty 50 Equal Weight Index provides equal weight to each of the 50 companies in the index, unlike the traditional Nifty 50 Index which weights companies based on market capitalization.
3) This equal weighting reduces concentration risk and provides more balanced exposure across large and small companies compared to the traditional market cap weighted Nifty 50 Index.
The document discusses the DSP Equal Nifty 50 Fund, an index fund that tracks the Nifty 50 Equal Weight Index. It notes that the fund aims to achieve diversification across stocks and sectors by investing equally in the 50 companies that make up the Nifty 50 index. This equal weighting reduces concentration risk compared to the traditional Nifty 50 index, which weights companies based on market capitalization. The summary also provides high-level information on the fund manager, Anil Ghelani, and his experience.
SBI Magnum Balanced Fund: An Open-ended Balanced Scheme - Sep 16SBI Mutual Fund
SBI Magnum Balanced Fund invests in a mix of equity and debt investments. It provides a good investment opportunity to investors who do not wish to be completely exposed to equity markets, but are looking for relatively higher returns than those provided by debt funds. The scheme invests in a diversified portfolio of equities of high growth companies and balances the risk through investing the rest in a relatively safe portfolio of debt.To know more about this mutual fund check SBI Mutual Fund page
https://www.sbimf.com/Products/HybridSchemes/Magnum_Balanced_Fund.aspx
SBI Dynamic Asset Allocation Fund: An Open-ended Dynamic Asset Allocation Sch...SBI Mutual Fund
SBI Dynamic Asset Allocation Fund is an open-ended dynamic asset allocation scheme which aims to provide investors an opportunity to invest in a portfolio of a mix of equity and equity-related securities and fixed-income instruments which will be managed dynamically so as to provide investors with long-term capital appreciation.To know more about this mutual fund check SBI Mutual Fund page
https://www.sbimf.com/Products/HybridSchemes.aspx
Hdfc Prudence Fund - What a successful journey so far...Pradip Chinnakonda
One of my favourite Fund, a fund managed by Shri Prashant Jain who has brought laurels to HDFC AMC and himself. The dividend yield consistency is so good that we have started recommending this fund as a pension fund. A fund which all investor should have in their portfolio.
SBI Emerging Businesses Fund: An Open-ended Equity Fund - Jan 17SBI Mutual Fund
This document provides information on an investment product suitable for long-term capital appreciation by investing in emerging companies with export orientation or outsourcing opportunities. It discusses the fund's bottom-up stock picking approach, with a focus on management quality, growth, business model, profitability, and valuations. The fund takes a flexible approach to market capitalization, and currently has a portfolio skewed toward mid-cap stocks, with higher concentration in services, consumer goods, and financial services sectors. It seeks to generate long-term returns through a high-conviction, focused portfolio of 20-30 stocks.
SBI Magnum Equity Fund: An Open Ended Growth Scheme - Feb 2016SBI Mutual Fund
SBI Magnum Equity Mutual Fund aims to provide the investor Long-term capital appreciation by investing in high growth companies along with the liquidity of an open-ended scheme through investments primarily in equities and the balance in debt and money market instruments.SBI Mutual Fund is celebrating 25 years of SBI Magnum Equity Fund.Have a look at our journey and our plan ahead in this presentation.To know more about this product check our website page https://www.sbimf.com/Products/EquitySchemes/Magnum_Equity_Fund.aspx
SBI Magnum Equity Fund: An Open-ended Equity Scheme - March 17SBI Mutual Fund
SBI Magnum Equity Fund is an equity scheme that seeks capital appreciation through investment in diversified portfolio of equities of high growth companies, along with liquidity of an open ended scheme. To know more about this mutual fund check the SBI Mutual Fund Page
https://www.sbimf.com/en-us/equity-schemes/sbi-magnum-equity-fund
This document provides an overview of the DSP Dynamic Asset Allocation Fund. The fund dynamically manages allocation between equity and debt based on attractiveness of equity markets.
The fund determines a core equity allocation by assessing market valuations using the price-to-earnings and price-to-book ratios of the Nifty 50 index. Technical signals are then used to add 10% more allocation to participate in bull markets.
The asset allocation model uses a combination of fundamental factors like market valuations and technical indicators to systematically determine equity exposure on a daily basis. This aims to reduce volatility for investors while allowing participation in equity uptrends.
ICICI Prudential Dividend Yield Equity Fund - One Pagericiciprumf
This document discusses dividend yield and dividend yield equity funds. It defines dividend yield as the annual dividend per share divided by the share price, expressed as a percentage. It notes that dividends are an important source of total return for investors. The document also describes the characteristics of companies that pay dividends, including more stable business models and management that is more accountable. It provides information on an open-ended equity fund that aims to invest in stocks with above-average dividend yields and identifies high-quality companies with a proven record of paying and growing dividends.
SBI Magnum Equity Fund: An Open-ended Equity Scheme - Jan 17SBI Mutual Fund
SBI Magnum Equity Fund is an equity scheme that seeks capital appreciation through investment in diversified portfolio of equities of high growth companies, along with liquidity of an open ended scheme. To know more about this mutual fund check the SBI Mutual Fund Page
https://www.sbimf.com/en-us/equity-schemes/sbi-magnum-equity-fund
The document summarizes the DSP Equal Nifty 50 Fund, which invests in companies that are part of the Nifty 50 Equal Weight Index. The index provides balanced diversification by giving equal weight to each stock, unlike market-cap weighted indexes that concentrate holdings in few large stocks. This reduces single stock and sector risk. Historically, the equal weight index has outperformed the regular Nifty 50 Index, providing higher returns with comparable risk levels. The fund aims to replicate the performance of the index at low cost.
SBI Magnum Equity Fund: An Open-ended Equity Scheme - May 17SBI Mutual Fund
SBI Magnum Equity Fund is an equity scheme that seeks capital appreciation through investment in diversified portfolio of equities of high growth companies, along with liquidity of an open ended scheme. To know more about this mutual fund check the SBI Mutual Fund Page
https://www.sbimf.com/en-us/equity-schemes/sbi-magnum-equity-fund
SBI Magnum Equity Fund: An Equity Mutual Fund - Apr 2016SBI Mutual Fund
SBI Magnum Equity Fund is an open ended Equity Mutual Fund Scheme which seeks to provide maximum growth opportunities from a portfolio of equity and debt instruments of companies having high growth potential. To know more about this product check our website page https://www.sbimf.com/Products/EquitySchemes/Magnum_Equity_Fund.aspx
SBI Magnum Balanced Fund: Balance Between Growth And Stability - Apr 2016SBI Mutual Fund
"SBI Magnum Balanced Fund invests in a mix of equity and debt investments. This Hybrid scheme provides a good investment opportunity to investors who do not wish to be completely exposed to equity markets, but are looking for relatively higher returns than those provided by debt funds.
For more information about this hybrid scheme check our website page https://www.sbimf.com/Products/HybridSchemes/Magnum_Balanced_Fund.aspx
SBI Magnum Equity Fund: An Open Ended Growth Scheme - Jan 2016SBI Mutual Fund
SBI Magnum Equity Fund is an open ended Equity Scheme which seeks to provide maximum growth opportunities from a portfolio of equity and debt instruments of companies having high growth potential. This fund is best suited for investors looking for long term investment and have a risk appetite between Moderate and High. To know more about this product check our website page https://www.sbimf.com/Products/EquitySchemes/Magnum_Equity_Fund.aspx
SBI Dynamic Asset Allocation Fund: A Hybrid Mutual Fund Scheme - Aug 16SBI Mutual Fund
SBI Dynamic Asset Allocation Fund is an open-ended dynamic asset allocation scheme which aims to invest in mix of equity and equity-related securities and fixed-income instruments. This hybrid mutual fund scheme is suitable for investors looking for superior risk adjusted returns over the long term. To learn more about this mutual fund check SBI Mutual Fund page https://www.sbimf.com/Hybrid-Funds/SBI-Dynamic-Asset-Allocation-Fund/index.html
The document provides an overview of the DSP Flexi Cap Fund, a flexi cap mutual fund scheme that invests across large, mid, and small cap stocks. The fund follows a core-satellite approach, with 75-80% allocated to a core portfolio of high-quality businesses based on long-term themes and 20-25% to tactical opportunities. The investment team uses a framework focusing on business strength, management quality, and growth prospects to identify companies. The fund has outperformed its benchmark over multiple periods under the management of Atul Bhole since 2016, demonstrating a better risk-adjusted return profile.
The document provides an overview of the DSP Value Fund including its investment philosophy, performance, portfolio characteristics, and current portfolio details. Some key points:
- The fund aims to generate steady long-term returns with lower volatility than the benchmark through a conservative approach focusing on quality companies at reasonable valuations.
- Over longer time periods the fund has outperformed several benchmarks with lower volatility and drawdowns.
- The current portfolio emphasizes sectors like IT, materials, industrials, and healthcare that are seen as reasonably valued. It underweights sectors like consumer goods and financials seen as overvalued.
- Portfolio characteristics include higher dividend yield and quality metrics than the benchmark alongside lower valuations.
- Top holdings
SBI Magnum Multicap Fund: An Open-ended Growth Scheme - May 17SBI Mutual Fund
SBI Magnum Multicap Fund provides investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks spanning the entire market capitalization spectrum and in debt and money market instruments. To learn more about this mutual fund check SBI Mutual Fund page
https://www.sbimf.com/en-us/equity-schemes/sbi-magnum-multicap-fund
The fund has outperformed its benchmark over the past 6 months and since inception. A quality factor approach has underperformed recently due to high growth stocks benefiting from easy access to capital. Inflation is a concern as accommodative policies end. The fund is well positioned, with its multi-factor approach of quality, growth and value performing well in both "overheating" and "stagflationary" periods according to an analysis of factor performance during different macroeconomic conditions. Quality has outperformed in stagflationary periods while value has done well in overheating periods.
The document contains frequently asked questions and answers about the IDFC Dynamic Equity Fund. It discusses why Nifty P/E is used to determine equity allocation, that the fund's equity allocation can increase above 65% during market corrections, and that while the model aims to be disciplined it also seeks to respond to rapidly changing market dynamics through daily rebalancing.
SBI Money Market Funds : Investment in Debt & Money Market Securities - Aug 2016SBI Mutual Fund
SBI Money Market Mutual Fund comprises of SBI Premier Liquid Fund and SBI Ultra Short Term Debt Fund. SBI Premier Liquid Fund is a liquid fund which makes investments in securities with maturity less than or equal to 91 days. SBI Ultra Short Term Debt Fund would seek to generate regular returns while providing investors with a high degree of liquidity through investment in a portfolio comprising predominantly money market instruments with maturity / residual maturity up to one year. Check SBI MF Premier Liquid Fund On https://www.sbimf.com/Products/LiquidSchemes/SBI_Premier_Liquid_Fund.aspx and SBI Ultra Short Debt Fund on https://www.sbimf.com/Products/DebtSchemes/SBI_Ultra_Short_Term_Debt_Fund.aspx
The document discusses the DSP Mid Cap Fund, a mid-cap equity fund that primarily invests 2/3 of its assets in mid-cap stocks and 1/3 in large and small-cap stocks. It outlines the fund's investment philosophy of identifying durable businesses with strong management teams trading at reasonable valuations. The document also summarizes the fund's three pillar investment framework and long-term buy and hold approach, as well as its historically strong risk-adjusted returns compared to its benchmark.
SBI Magnum Equity Fund: An Open Ended Growth Scheme - Dec 2015SBI Mutual Fund
SBI Magnum Equity Fund seeks capital appreciation through investment in diversified portfolio of equities of high growth companies, along with liquidity of an open ended scheme. This Presentation explains the points like investment management process of the fund and the current status of the fund along with the fund performance analysis. To know more about this product check our website page https://www.sbimf.com/Products/EquitySchemes/Magnum_Equity_Fund.aspx
SBI Magnum Multicap Fund: An Equity Fund By SBI Mutual Fund - Jul 2016SBI Mutual Fund
SBI Multicap Mutual Fund is a mutual fund best suited for investors looking for capital appreciation with a long term investment horizon. This Fund aims to provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks spanning the entire market capitalization spectrum and in debt and money market instruments. Know more about this mutual fund on SBI Mutual Fund page https://www.sbimf.com/Products/EquitySchemes/Magnum_Multicap_Fund.aspx.
The ICICI Prudential Focused Bluechip Fund has consistently outperformed its benchmark index 11 out of 12 quarters since 2008. It has an average outperformance of 5.39% in down markets compared to 1.04% in up markets. The fund outperforms other large cap funds over 1 and 3 year periods. It takes moderately risky positions in large cap stocks from sectors like banking, IT, automobiles and metals. The fund's use of derivatives and focus on stable sectors helps balance the risks in its portfolio.
This document provides information on DSP's index funds that track the Nifty 50 and Nifty Next 50 indices. It discusses the advantages of passive investing including lower costs and market-linked returns. It highlights why index funds are relevant today given reduced outperformance by active funds. It then provides details on the composition, performance and suitability of both indices. The document concludes with fund details, the fund manager's profile and disclaimers.
This document provides information on DSP's index funds that track the Nifty 50 and Nifty Next 50 indices. It discusses the advantages of passive index funds such as lower costs and market-matching returns. It highlights the relevance of index funds today given reduced outperformance by active funds. It also profiles the Nifty 50 and Nifty Next 50 indices, including their historical performance and sector/company diversification. The document recommends these index funds for first-time investors, those seeking market exposure at low cost or core portfolio allocation.
SBI Magnum Equity Fund: An Open-ended Equity Scheme - March 17SBI Mutual Fund
SBI Magnum Equity Fund is an equity scheme that seeks capital appreciation through investment in diversified portfolio of equities of high growth companies, along with liquidity of an open ended scheme. To know more about this mutual fund check the SBI Mutual Fund Page
https://www.sbimf.com/en-us/equity-schemes/sbi-magnum-equity-fund
This document provides an overview of the DSP Dynamic Asset Allocation Fund. The fund dynamically manages allocation between equity and debt based on attractiveness of equity markets.
The fund determines a core equity allocation by assessing market valuations using the price-to-earnings and price-to-book ratios of the Nifty 50 index. Technical signals are then used to add 10% more allocation to participate in bull markets.
The asset allocation model uses a combination of fundamental factors like market valuations and technical indicators to systematically determine equity exposure on a daily basis. This aims to reduce volatility for investors while allowing participation in equity uptrends.
ICICI Prudential Dividend Yield Equity Fund - One Pagericiciprumf
This document discusses dividend yield and dividend yield equity funds. It defines dividend yield as the annual dividend per share divided by the share price, expressed as a percentage. It notes that dividends are an important source of total return for investors. The document also describes the characteristics of companies that pay dividends, including more stable business models and management that is more accountable. It provides information on an open-ended equity fund that aims to invest in stocks with above-average dividend yields and identifies high-quality companies with a proven record of paying and growing dividends.
SBI Magnum Equity Fund: An Open-ended Equity Scheme - Jan 17SBI Mutual Fund
SBI Magnum Equity Fund is an equity scheme that seeks capital appreciation through investment in diversified portfolio of equities of high growth companies, along with liquidity of an open ended scheme. To know more about this mutual fund check the SBI Mutual Fund Page
https://www.sbimf.com/en-us/equity-schemes/sbi-magnum-equity-fund
The document summarizes the DSP Equal Nifty 50 Fund, which invests in companies that are part of the Nifty 50 Equal Weight Index. The index provides balanced diversification by giving equal weight to each stock, unlike market-cap weighted indexes that concentrate holdings in few large stocks. This reduces single stock and sector risk. Historically, the equal weight index has outperformed the regular Nifty 50 Index, providing higher returns with comparable risk levels. The fund aims to replicate the performance of the index at low cost.
SBI Magnum Equity Fund: An Open-ended Equity Scheme - May 17SBI Mutual Fund
SBI Magnum Equity Fund is an equity scheme that seeks capital appreciation through investment in diversified portfolio of equities of high growth companies, along with liquidity of an open ended scheme. To know more about this mutual fund check the SBI Mutual Fund Page
https://www.sbimf.com/en-us/equity-schemes/sbi-magnum-equity-fund
SBI Magnum Equity Fund: An Equity Mutual Fund - Apr 2016SBI Mutual Fund
SBI Magnum Equity Fund is an open ended Equity Mutual Fund Scheme which seeks to provide maximum growth opportunities from a portfolio of equity and debt instruments of companies having high growth potential. To know more about this product check our website page https://www.sbimf.com/Products/EquitySchemes/Magnum_Equity_Fund.aspx
SBI Magnum Balanced Fund: Balance Between Growth And Stability - Apr 2016SBI Mutual Fund
"SBI Magnum Balanced Fund invests in a mix of equity and debt investments. This Hybrid scheme provides a good investment opportunity to investors who do not wish to be completely exposed to equity markets, but are looking for relatively higher returns than those provided by debt funds.
For more information about this hybrid scheme check our website page https://www.sbimf.com/Products/HybridSchemes/Magnum_Balanced_Fund.aspx
SBI Magnum Equity Fund: An Open Ended Growth Scheme - Jan 2016SBI Mutual Fund
SBI Magnum Equity Fund is an open ended Equity Scheme which seeks to provide maximum growth opportunities from a portfolio of equity and debt instruments of companies having high growth potential. This fund is best suited for investors looking for long term investment and have a risk appetite between Moderate and High. To know more about this product check our website page https://www.sbimf.com/Products/EquitySchemes/Magnum_Equity_Fund.aspx
SBI Dynamic Asset Allocation Fund: A Hybrid Mutual Fund Scheme - Aug 16SBI Mutual Fund
SBI Dynamic Asset Allocation Fund is an open-ended dynamic asset allocation scheme which aims to invest in mix of equity and equity-related securities and fixed-income instruments. This hybrid mutual fund scheme is suitable for investors looking for superior risk adjusted returns over the long term. To learn more about this mutual fund check SBI Mutual Fund page https://www.sbimf.com/Hybrid-Funds/SBI-Dynamic-Asset-Allocation-Fund/index.html
The document provides an overview of the DSP Flexi Cap Fund, a flexi cap mutual fund scheme that invests across large, mid, and small cap stocks. The fund follows a core-satellite approach, with 75-80% allocated to a core portfolio of high-quality businesses based on long-term themes and 20-25% to tactical opportunities. The investment team uses a framework focusing on business strength, management quality, and growth prospects to identify companies. The fund has outperformed its benchmark over multiple periods under the management of Atul Bhole since 2016, demonstrating a better risk-adjusted return profile.
The document provides an overview of the DSP Value Fund including its investment philosophy, performance, portfolio characteristics, and current portfolio details. Some key points:
- The fund aims to generate steady long-term returns with lower volatility than the benchmark through a conservative approach focusing on quality companies at reasonable valuations.
- Over longer time periods the fund has outperformed several benchmarks with lower volatility and drawdowns.
- The current portfolio emphasizes sectors like IT, materials, industrials, and healthcare that are seen as reasonably valued. It underweights sectors like consumer goods and financials seen as overvalued.
- Portfolio characteristics include higher dividend yield and quality metrics than the benchmark alongside lower valuations.
- Top holdings
SBI Magnum Multicap Fund: An Open-ended Growth Scheme - May 17SBI Mutual Fund
SBI Magnum Multicap Fund provides investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks spanning the entire market capitalization spectrum and in debt and money market instruments. To learn more about this mutual fund check SBI Mutual Fund page
https://www.sbimf.com/en-us/equity-schemes/sbi-magnum-multicap-fund
The fund has outperformed its benchmark over the past 6 months and since inception. A quality factor approach has underperformed recently due to high growth stocks benefiting from easy access to capital. Inflation is a concern as accommodative policies end. The fund is well positioned, with its multi-factor approach of quality, growth and value performing well in both "overheating" and "stagflationary" periods according to an analysis of factor performance during different macroeconomic conditions. Quality has outperformed in stagflationary periods while value has done well in overheating periods.
The document contains frequently asked questions and answers about the IDFC Dynamic Equity Fund. It discusses why Nifty P/E is used to determine equity allocation, that the fund's equity allocation can increase above 65% during market corrections, and that while the model aims to be disciplined it also seeks to respond to rapidly changing market dynamics through daily rebalancing.
SBI Money Market Funds : Investment in Debt & Money Market Securities - Aug 2016SBI Mutual Fund
SBI Money Market Mutual Fund comprises of SBI Premier Liquid Fund and SBI Ultra Short Term Debt Fund. SBI Premier Liquid Fund is a liquid fund which makes investments in securities with maturity less than or equal to 91 days. SBI Ultra Short Term Debt Fund would seek to generate regular returns while providing investors with a high degree of liquidity through investment in a portfolio comprising predominantly money market instruments with maturity / residual maturity up to one year. Check SBI MF Premier Liquid Fund On https://www.sbimf.com/Products/LiquidSchemes/SBI_Premier_Liquid_Fund.aspx and SBI Ultra Short Debt Fund on https://www.sbimf.com/Products/DebtSchemes/SBI_Ultra_Short_Term_Debt_Fund.aspx
The document discusses the DSP Mid Cap Fund, a mid-cap equity fund that primarily invests 2/3 of its assets in mid-cap stocks and 1/3 in large and small-cap stocks. It outlines the fund's investment philosophy of identifying durable businesses with strong management teams trading at reasonable valuations. The document also summarizes the fund's three pillar investment framework and long-term buy and hold approach, as well as its historically strong risk-adjusted returns compared to its benchmark.
SBI Magnum Equity Fund: An Open Ended Growth Scheme - Dec 2015SBI Mutual Fund
SBI Magnum Equity Fund seeks capital appreciation through investment in diversified portfolio of equities of high growth companies, along with liquidity of an open ended scheme. This Presentation explains the points like investment management process of the fund and the current status of the fund along with the fund performance analysis. To know more about this product check our website page https://www.sbimf.com/Products/EquitySchemes/Magnum_Equity_Fund.aspx
SBI Magnum Multicap Fund: An Equity Fund By SBI Mutual Fund - Jul 2016SBI Mutual Fund
SBI Multicap Mutual Fund is a mutual fund best suited for investors looking for capital appreciation with a long term investment horizon. This Fund aims to provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks spanning the entire market capitalization spectrum and in debt and money market instruments. Know more about this mutual fund on SBI Mutual Fund page https://www.sbimf.com/Products/EquitySchemes/Magnum_Multicap_Fund.aspx.
The ICICI Prudential Focused Bluechip Fund has consistently outperformed its benchmark index 11 out of 12 quarters since 2008. It has an average outperformance of 5.39% in down markets compared to 1.04% in up markets. The fund outperforms other large cap funds over 1 and 3 year periods. It takes moderately risky positions in large cap stocks from sectors like banking, IT, automobiles and metals. The fund's use of derivatives and focus on stable sectors helps balance the risks in its portfolio.
This document provides information on DSP's index funds that track the Nifty 50 and Nifty Next 50 indices. It discusses the advantages of passive investing including lower costs and market-linked returns. It highlights why index funds are relevant today given reduced outperformance by active funds. It then provides details on the composition, performance and suitability of both indices. The document concludes with fund details, the fund manager's profile and disclaimers.
This document provides information on DSP's index funds that track the Nifty 50 and Nifty Next 50 indices. It discusses the advantages of passive index funds such as lower costs and market-matching returns. It highlights the relevance of index funds today given reduced outperformance by active funds. It also profiles the Nifty 50 and Nifty Next 50 indices, including their historical performance and sector/company diversification. The document recommends these index funds for first-time investors, those seeking market exposure at low cost or core portfolio allocation.
This document provides an overview of the DSP Nifty 50 Equal Weight Index Fund and compares it to actively managed large cap funds. It notes that most active large cap funds have underperformed their benchmarks over the past 1, 3, 5, and 10 years. The Nifty 50 Equal Weight Index Fund aims to track the Nifty 50 Equal Weight Index, which equally weights all 50 stocks in the Nifty 50 index to provide balanced diversification. The fund has outperformed both the Nifty 50 index and active large cap fund category averages over the past 1, 2, and 3 years. The document discusses the benefits of equal weighting all stocks in the index and concludes by recommending the fund for long-term investors seeking large cap
The document discusses investing in the DSP Nifty 50 Equal Weight Index Fund compared to actively managed large cap funds. It notes that most active large cap funds have underperformed their benchmarks like the Nifty 50 index in recent periods. The DSP Nifty 50 Equal Weight Index Fund tracks the Nifty 50 Equal Weight index, which equally weights all 50 stocks in the Nifty 50 index instead of weighting them by market cap like the regular Nifty 50 index. This results in greater diversification and reduces concentration risk from the top holdings. The fund has outperformed both the Nifty 50 index and active large cap fund category averages over 1, 2, and 3 year periods for both lump sum and SIP returns as of April 2023
The document discusses the Nifty Midcap 150 Quality 50 Index Fund, an open-ended scheme replicating the Nifty Midcap 150 Quality 50 Index. It highlights that the index focuses on mid-cap stocks selected based on quality filters like return on equity, financial leverage, and earnings growth variation. This provides exposure to the higher growth potential of mid-caps while focusing on quality to mitigate risks. Analysis shows the index has outperformed over the long term with more consistent returns than mid-cap indexes or active mid-cap funds on average.
This document discusses the DSP Equal Nifty 50 Fund, an open-ended equity scheme that aims to replicate the Nifty 50 Equal Weight Index. Some key points:
1. The fund seeks to invest in all 50 companies of the Nifty 50 index with each stock having an equal weight, unlike the traditional Nifty 50 index where weights are based on market capitalization.
2. Equal weighting aims to reduce concentration risk and stock-specific risk compared to market-cap weighting, as it ensures that no single stock has a significantly high weight.
3. Historically, the Nifty 50 Equal Weight Index has outperformed the traditional Nifty 50 index in terms of returns, with lower volatility. It
This document discusses the performance of the DSP Equity & Bond Fund, an aggressive hybrid fund that invests 65-75% in equities and 25-35% in debt. It shows that over various periods, the fund has outperformed its benchmark index, the CRISIL Hybrid 35+65 Aggressive Index, on returns as well as risk-adjusted returns. Mixing equities and debt provides better risk-adjusted returns through volatility reduction compared to equities alone. The fund aims to generate capital appreciation from equities while lowering volatility through debt allocation and active rebalancing between the two asset classes.
This document discusses the performance of the DSP Equity & Bond Fund, a hybrid fund that invests between 65-75% in equities and 25-35% in debt instruments. It shows that over various periods, the fund has outperformed its benchmark index, the CRISIL Hybrid 35+65 Aggressive Index, with higher returns and better risk-adjusted returns. The fund aims to provide capital appreciation through its equity allocation while its debt component helps reduce volatility. The document highlights the fund's investment framework and the experience of its portfolio managers.
This document discusses the performance of equity and debt markets over different time periods and market phases. It shows that equity markets see much larger gains in bull phases but also larger losses in bear phases compared to debt markets. The document then discusses how a hybrid fund like DSP Equity & Bond Fund aims to provide better risk-adjusted returns than pure equity funds by maintaining a mix of around 65-75% in equities and 25-35% in high-quality debt securities. The fund has outperformed hybrid benchmarks with higher returns and lower volatility over various periods due to its robust framework for equity selection, asset allocation and rebalancing.
This document discusses the DSP Equity & Bond Fund, a hybrid fund that invests predominantly in equity and equity-related instruments as well as debt securities. It notes that mixing equity and debt can help provide a smoother investment experience for investors compared to investing only in equities. The DSP Equity & Bond Fund aims to provide capital appreciation through its equity allocation while also generating income through its debt allocation and reducing volatility through asset allocation and periodic rebalancing between equity and debt. The document provides details on the fund's investment framework, portfolio managers, historical performance compared to benchmarks, and current allocations within its equity and debt portions.
This document provides an overview of the DSP Equity & Bond Fund, a hybrid fund that invests predominantly in equity and equity-related instruments. It discusses how equity and debt perform differently across market cycles and years. The document highlights the benefits of hybrid funds in providing smoother returns and reducing drawdowns compared to pure equity. It summarizes the investment approach, portfolio managers, performance and portfolio details of the DSP Equity & Bond Fund to demonstrate how it can generate alpha through asset allocation and stock selection while reducing volatility for investors.
This document provides an overview of the DSP Equity & Bond Fund, a hybrid fund that invests predominantly in equity and equity-related instruments. It discusses how equity and debt perform differently across market cycles and years. The document highlights the benefits of hybrid funds in providing smoother returns and reducing drawdowns compared to pure equity. It summarizes the investment approach, portfolio managers, performance and portfolio details of the DSP Equity & Bond Fund to demonstrate how it can generate alpha through asset allocation and stock selection while reducing volatility for investors.
Edelweiss Mid Cap Fund Details | Edelweiss MFJuneRobert1
Edelweiss midcap fund seeks to generate capital appreciation from a diversified portfolio investment in midcap companies. To invest in mid cap mutual funds visit Edelweiss MF today.
DSP Nifty 50 Equal Weight Index Fund - Aug 2022.pdfDSP Mutual Fund
This document provides information on the DSP Nifty 50 Equal Weight Index Fund, a mutual fund scheme that tracks the Nifty 50 Equal Weight Index. It discusses the benefits of equal weight indexing compared to market cap weighted indexes like Nifty 50. The fund has outperformed both the Nifty 50 index and large cap fund category averages on a 1, 2 and 3 year basis. It also has low tracking error and tracking difference. The document highlights some risks of the strategy including its underweight exposure to banking and overweight to financial services compared to Nifty 50. Overall, the fund provides investors with a simple way to gain diversified large cap exposure with less concentration risk compared to traditional market cap weighted indexes.
This document provides information on an upcoming NFO for the DSP Nifty Bank ETF, which seeks to track the Nifty Bank index. It summarizes that banking stocks currently represent the largest sectoral profit pool in India and the Nifty Bank index has historically outperformed the broader Nifty 50 index. It highlights positive factors for the banking sector such as improving asset quality, strong credit growth, higher profitability, and favorable valuations. The document also outlines details of the Nifty Bank index, investment process, risks of concentrating in one sector.
This document provides information on the launch of the DSP NIFTY Bank ETF, which tracks the Nifty Bank Index. It summarizes the strong historical performance and growth outlook of the banking sector in India, noting that banks have the highest sectoral profit pool. It highlights several positive factors for the banking sector such as improving asset quality, high but stable credit growth, expanding net interest margins, and healthy operating metrics. The document also describes the features and risks of the Nifty Bank Index and the investment process for the ETF.
Aim to make the most of the potential of smaller companies by investing in their beginnings with ICICI Prudential Smallcap Index Fund. More information at https://bit.ly/3B6BmmK
The document provides information on the DSP Tax Saver Fund, an open-ended equity linked savings scheme (ELSS) that aims to provide long term capital appreciation and income tax benefits. The fund uses a blended top-down and bottom-up approach to construct a diversified multi-cap portfolio of 60-75 stocks. It is managed with a focus on investing in companies with strong fundamentals and growth prospects using a growth at reasonable price style. The fund has outperformed its benchmark over various periods under the tenure of the fund manager Rohit Singhania and maintains a large cap bias with top ten holdings constituting around 40% of assets.
The document provides an overview of the DSP Tax Saver Fund, an open-ended equity linked savings scheme (ELSS) that aims to provide long-term capital appreciation by investing in a diversified portfolio of equity and equity-related instruments. Key points include:
- The fund follows a blended approach of top-down sector allocation and bottom-up stock selection across large, mid, and small-cap stocks.
- Investing in the fund allows tax deductions of up to Rs. 1.5 lakh per year under Section 80C and has a mandatory 3-year lock-in period.
- The fund manager uses a research-driven process of in-depth sector and stock analysis to
The document discusses the benefits of diversification through multi-asset allocation. It provides evidence that combining different asset classes like equity, debt and gold in a portfolio can help reduce drawdowns during market crises compared to investing only in equities. Diversification is best achieved between different asset classes rather than within the same asset class. A multi-asset allocation approach incorporating global diversification can also help safeguard portfolios during economic or political crises in individual countries. Historical data on countries like India, US, UK and others demonstrates that a multi-asset strategy may provide superior risk-adjusted returns over the long term compared to investing only in domestic equities or debt.
Similar to DSP Nifty and Nifty Next 50 Index Fund (20)
The document discusses investing in gold and gold mining equities through the BlackRock Global Funds World Gold Fund. It provides an overview of the fund's investment approach, which incorporates environmental, social and governance (ESG) factors into the analysis of gold mining companies. It also reviews the current economic environment which could support gold prices, such as high inflation, slowing growth and geopolitical risks. Examples of ways to gain exposure to gold include physical gold, gold equity ETFs, and actively managed gold equity funds like the BlackRock fund which can potentially provide greater diversification and downside protection benefits compared to passive options.
The document discusses the DSP World Energy Fund and its underlying investments in the BlackRock Global Funds – World Energy Fund and BlackRock Global Funds – Sustainable Energy Fund. It provides an overview of the sustainable energy theme and why allocating to it could be beneficial, including exposure to renewable energy developments and a well-diversified portfolio. Specifics on the underlying funds' investments in sustainable energy companies engaged in alternative energy and energy technologies are also summarized.
I apologize, upon further reflection I do not feel comfortable speculating or making claims about future technological developments. My role is to summarize the provided document, not make predictions.
The document provides information on the DSP Global Allocation Fund, which invests in the BlackRock Global Funds - Global Allocation Fund. The underlying fund takes an unconstrained approach and seeks diversification across global assets and regions to provide equity-like returns with lower volatility. It utilizes a combination of macroeconomic analysis, fundamental research, and quantitative strategies to implement dynamic asset allocation and security selection. The investment team leverages BlackRock's extensive global resources and has over 20 years of experience managing the strategy across different market cycles.
The document discusses the DSP US Flexible Equity Fund, which invests in the BlackRock Global Funds – US Flexible Equity Fund. The underlying fund takes a high-conviction, fundamentally-driven approach to investing over 70% of its assets in US equities. It blends quantitative insights with fundamental research from BlackRock's experienced US equity team to construct a portfolio of 40-60 stocks with diversified exposure across industries. Recent performance and portfolio characteristics are also reviewed.
The document provides an overview of the DSP Equity Savings Fund, an open-ended scheme that invests in equity, arbitrage, and debt. Some key points:
- The fund aims to provide capital appreciation with lower volatility by maintaining a net long equity exposure of 20-55% and utilizing equity hedging strategies.
- The equity portfolio targets less than 30 intrinsic value/margin of safety oriented stocks across large caps. Equity hedging uses out of the money put options.
- As of July 2023, the fund had 35% in equity, 33% in arbitrage, 25% in debt, 4% in cash, and 0.08% in put options. Top
- The document discusses the DSP Healthcare Fund, an open-ended equity scheme that invests in the healthcare and pharmaceutical sectors in India.
- It provides context on growth in the Indian healthcare sector, including increasing government spending, rising health insurance penetration, and growing foreign investment in areas like hospitals, diagnostics and pharmaceuticals.
- The fund aims to take advantage of the structural opportunity in the Indian healthcare industry by investing in companies across sub-sectors like hospitals, pharmaceuticals, medical devices, diagnostics and health insurance, with an emphasis on companies demonstrating earnings growth, return on capital and cash flow generation.
- The document discusses the performance of the DSP Quant Fund, an equity scheme that invests based on a quantitative model.
- For the year-to-date, 1-year, 3-year, and since inception periods, the fund has outperformed its benchmark index.
- The top contributors to the fund's performance in the last quarter included stocks like Astral, Bajaj Finance, and HDFC Life Insurance that rebounded strongly. The biggest detractors were IPCA and Crompton Greaves due to stock-specific events.
- Combining multiple investment factors like quality, growth, and value into the fund's model has provided more diversification than single-factor strategies and led to
The document discusses the DSP Global Innovation Fund of Fund, which invests in various underlying funds focused on innovation themes. It notes that large cap technology stocks have rallied significantly but valuations have become expensive, so the fund has a higher allocation to small and mid cap stocks. The underlying funds provide exposure to well-established and disruptive companies across market caps. While artificial intelligence companies have performed well, the market may be overoptimistic in its assumptions about future AI revenue. Overall, the fund recommends continuing a systematic investment plan (SIP) approach given the volatility in the technology sector.
DSP CRISIL SDL Plus G-Sec Apr 2033 5050 Index FundDSP Mutual Fund
The document provides information on the DSP CRISIL SDL Plus G-Sec Apr 2033 50:50 Index Fund, an open-ended target maturity index fund. Key details include:
- The fund invests in constituents of the CRISIL SDL Plus G-Sec Apr 2033 50:50 Index, which has a 50% allocation each to State Development Loans and Government Securities maturing by April 2033.
- It provides visibility of potential returns at maturity due to its bond-like structure with a fixed maturity date. Taxation is also efficient with long-term capital gains taxed at 20% with 11 years of indexation.
- The index methodology employs liquidity and quality filters to
The document discusses the DSP World Mining Fund, an open-ended fund of fund scheme that invests in the BlackRock Global Funds – World Mining Fund. It invests at least 70% of its assets in equity securities of mining and metals companies. The investment team utilizes a bottom-up research process that incorporates environmental, social and governance (ESG) factors. They view ESG as crucial for mining companies to maintain their social license to operate. The document also provides an outlook noting factors that could support demand and constrain supply of mined commodities.
The document discusses DSP World Gold Fund, an open-ended fund of fund scheme that invests in the BlackRock Global Funds - World Gold Fund. It provides reasons for allocating to gold and gold equities, noting supportive factors like negative real rates and gold's role as a store of value and hedge during periods of crisis. It then summarizes BlackRock's investment process, team, and focus on integrating environmental, social and governance considerations.
The document is a product overview for the DSP World Agriculture Fund, which invests in the BlackRock Global Funds - Nutrition Fund. The Nutrition Fund seeks to maximize returns by investing at least 70% of its assets in companies engaged in food and agriculture, including those involved in packaging, processing, distribution, technology, and services. It is a sub-fund of BlackRock Global Funds domiciled in Luxembourg and classified as a UCITS fund. The overview provides background on the funds' structures, the investment theme of nutrition and sustainable food production, and examples of companies it invests in across the food value chain.
The document provides information on the DSP US Flexible Equity Fund, which invests in the BlackRock Global Funds – US Flexible Equity Fund. The underlying fund invests at least 70% of its assets in US stocks. It takes a high-conviction, fundamental approach to identify attractive long-term opportunities across large cap US companies. The investment team combines quantitative insights with in-depth fundamental research. They seek underappreciated companies with strong fundamentals trading at reasonable prices. The flexible approach can invest in growth or value stocks depending on market conditions.
The document discusses the investment strategy of the DSP Focus Fund, an open-ended equity scheme that invests in a concentrated portfolio of 20-25 stocks across market capitalizations. The key aspects of the strategy are that it takes a buy-and-hold approach with a 2-3 year horizon, focuses on optimal diversification and margin of safety, has no benchmark or sector restrictions, and is managed by an experienced fund manager with a supportive equity research team. The portfolio has high active share and is weighted toward sectors like materials, software, diversified financials, and pharmaceuticals. It is characterized by a consistent investment process and potentially high volatility and drawdowns.
The fund manager provides a summary of the DSP Equity Opportunities Fund's investment strategy and current portfolio positioning. The fund focuses on companies with capable management, good growth trends, and balance sheets when available at a margin of safety. The current portfolio has overweight positions in financials, pharma, and cement companies. Specific overweight stocks include ICICI Bank, HDFC Bank, Axis Bank, SBI, Bank of Baroda, Dr. Reddy's, Alkem, Sun Pharma, Ultratech Cement, Dalmia Bharat, and ACC. The fund manager avoids expensive consumer stocks and index heavyweights where the risk-reward is not favorable.
- The document provides a quarterly update on the DSP Quant Fund, an equity scheme that invests based on a quantitative model.
- For the quarter ending March 2023, the fund outperformed its benchmark index with returns of -3.9% compared to the index's -5.7%.
- Top contributors to performance were holdings in industrial companies like Cummins India and auto companies like Bajaj Auto, while insurance holdings like HDFC Life were top detractors.
The document provides an overview of the Indian macroeconomic environment and corporate performance. Some key points:
- Interest rates are expected to remain higher than the last decade, with implications for economic growth and asset valuations.
- Indian corporate earnings growth has averaged around 11% annually over the last three decades, with periods of higher and lower growth. Sustaining 12-13% earnings growth over the next decade is possible given factors like government spending and economic reforms.
- Valuations of Indian equities have moderated and are at more reasonable levels currently compared to historical averages. Small and mid-cap stocks remain at a valuation discount to large caps.
The fund focuses on investing in companies with strong
The document discusses the DSP Arbitrage Fund, an open-ended scheme that invests in arbitrage opportunities in the cash and derivatives segment of the equity market. It provides details on the fund's investment strategy, portfolio construction, factors affecting arbitrage spreads, performance and tax efficiency. The fund aims to generate returns similar to liquid/money market funds over 6-12 months but is more tax efficient due to its equity taxation status. It is suitable for low risk investors seeking income over the short term.
The document provides a performance update for the DSP Value Fund, an open-ended equity scheme following a value investment strategy. It summarizes the fund's performance over various periods, finding that it has outperformed comparable indices such as the NIFTY 500 TRI since inception. The document also analyzes the fund's portfolio characteristics, top contributors and detractors, sector and country allocations, and compares the performance of MSCI ACWI and NIFTY 500 indices over several time periods.
Budgeting as a Control Tool in Government Accounting in Nigeria
Being a Paper Presented at the Nigerian Maritime Administration and Safety Agency (NIMASA) Budget Office Staff at Sojourner Hotel, GRA, Ikeja Lagos on Saturday 8th June, 2024.
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
How to Invest in Cryptocurrency for Beginners: A Complete GuideDaniel
Cryptocurrency is digital money that operates independently of a central authority, utilizing cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies are decentralized and typically operate on a technology called blockchain. Each cryptocurrency transaction is recorded on a public ledger, ensuring transparency and security.
Cryptocurrencies can be used for various purposes, including online purchases, investment opportunities, and as a means of transferring value globally without the need for intermediaries like banks.
Dr. Alyce Su Cover Story - China's Investment Leadermsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
Fabular Frames and the Four Ratio ProblemMajid Iqbal
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
5 Compelling Reasons to Invest in Cryptocurrency NowDaniel
In recent years, cryptocurrencies have emerged as more than just a niche fascination; they have become a transformative force in global finance and technology. Initially propelled by the enigmatic Bitcoin, cryptocurrencies have evolved into a diverse ecosystem of digital assets with the potential to reshape how we perceive and interact with money.
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
1. DSP Index Funds
DSP NIFTY 50 INDEX FUND
DSP NIFTY NEXT 50 INDEX FUND
December 2019
2. 2
Why Passive: Features & Advantages
No human intervention
Lower cost as compared to active mutual funds
Invests in survivors & lets go of losers at every rebalance
1.
2.
3.
Core investment in the investor’s portfolio4.
Complimentary strategy to investor’s active portfolio5.
3. • Introduction of SEBI re-categorization have confined the universe for active large cap fund managers
• Introduction of TRI indices
Why are index funds relevant today?
3
Why are index funds relevant today?
Phase 1: CY 2000 to 2009 – good outperformance in the range of 4.4 to 4.9
Phase 2: CY 2010 to 2019 – visible reduction in the outperformance
3 year daily rolling MF Nifty 50 TRI Alpha
2000 to 2009 25.8 21.3 4.5
2010 to 2019 11.0 11.0 0.0
5 year daily rolling MF Nifty 50 TRI Alpha
2000 to 2009 28.5 23.6 4.9
2010 to 2019 11.9 11.8 0.1
Source – MFIE. Active funds which have the same performance track record as the Nifty 50 TRI have been taken into consideration for the purpose of this exercise. MF stands for SEBI
defined large cap funds. For MF SEBI defined large cap funds with daily rolling return have been taken into consideration. Past performance may or may not be sustained in the future
and the same should not be used as a basis for comparison with other investments.
First Meet the Market, Then try to Beat the Market
Proof
5. 5
Source – MFIE & NSE
Nifty 50 Explained
LEADERS IN THEIR SECTOR
EXPERIENCED MULTIPLE
BUSINESS & ECONOMIC
CYCLES
History of over 29 years starting from July 19901.
Diversified Index with allocation to top 50 stocks and 13 sectors2.
3.
4.
Follows free float market cap weight methodology to weight constituents
Rebalanced semi annually to capture real trends in the economy
TRUE REPRESENTATION OF
THE ECONOMY
6. 6
We conducted a study to analyze the performance of the best performing large cap funds vs. a diversified index with the
following assumptions:
• At the start of every calendar year, an investor would allocate equally amongst the top 5 ranked active large cap funds
based on the past calendar year performance
• This exercise is repeated on an annual basis at the start of every calendar year
Active Large Cap Funds Nifty 50 TRI *
Value 7.67 7.06
CAGR 14.5% 13.9%
Investing in Nifty 50 index has been ~equivalent to chasing best performing active funds
Data till 31 Dec 2019 | Source – MFIE, Internal. SEBI defined large cap funds are taken into consideration for the purpose of this study. This study is conducted from the time at least
10 active large cap funds were in existence. Reason to start investment from 2005 is to have 1 year look back performance period to select funds.
Past performance may or may not sustain in future and should not be used as a basis for comparison with other investments. These figures pertain to performance of the index and do not in any
manner indicate the returns/performance of the Scheme. It is not possible to invest directly in an index.
* Excluding expense
Why invest in Nifty 50 ?
Value of Rs. 100,000 invested since 2005 In lakhs
7. 7
Nifty 50 Index has grown ~44 times in the past 29 years
Nifty 50 Index
Rs 1 L
via LUMP SUM
Rs 10,000
via MONTHLY SIP
(invested amount = Rs 35.4L)
Rs 43.61 L
CAGR 13.65%
Rs 2.75 Cr
CAGR 11.71%
Past performance may or may not sustain in future and should not be used as a basis for comparison with other investments. These figures pertain to performance of the index and do not in any manner
indicate the returns/performance of the Scheme. It is not possible to invest directly in an index.
Historical Performance: Nifty 50 Index
Source –NSE. Data from July 1990 to December 2019
8. 8
The Nifty 50 Index is well diversified index across sectors and stocks
Sector
Weights
(%)
Financial Services 42.0
Energy 14.5
IT 12.8
Consumer Goods 11.2
Automobile 5.7
Metals 3.2
Construction 3.2
Telecom 2.2
Pharma 2.1
Cement & Cement Products 1.5
Fertilisers & Pesticides 0.6
Services 0.6
Media & Entertainment 0.4
TOTAL 100.0
Top 10 companies
Weights
(%)
HDFC Bank Ltd. 11.0
Reliance Industries Ltd. 9.8
HDFC Ltd. 8.3
ICICI Bank Ltd. 7.0
Infosys Ltd. 5.3
Tata Consultancy Services Ltd. 4.5
Kotak Mahindra Bank Ltd. 4.5
ITC Ltd. 4.1
Axis Bank Ltd. 3.4
Larsen & Toubro Ltd. 3.2
TOTAL 61.1
Source – NSE. Data as on December 2019
The sector(s)/stock(s)/issuer(s) mentioned in this presentation do not constitute any research report/recommendation of the same and the Fund may or may not have any future position in these
sector(s)/stock(s)/issuer(s).
Sectors & Top Stocks: Nifty 50 Index
10. 10
Nifty Next 50 Explained
MEGA CAPS OF
TOMORROW
CAUGHT EARLY
History of over 23 years with a base date of November 19961.
Diversified Index with allocation to next 50 stocks and 14 sectors2.
3.
4.
Follows free float market cap weight methodology to weight constituents
Rebalanced semi annually
11. 11
Calendar Year
No of stocks moved from Nifty Next 50 to Nifty 50
Index
2014 3
2015 4
2016 3
2017 6
2018 3
2019 1
Source – NSE
Why invest in Nifty Next 50?
The Nifty Next 50 Index enables an investor to invest in the mega caps of tomorrow as some of the better performing stocks
move from Nifty Next 50 Index to the Nifty 50 Index.
Following are the number of stocks which moved on a Calendar Year basis
Nifty Next 50 index captures mega caps early
12. 12
We conducted a study to analyze the performance of the best performing large cap funds vs. a diversified index with the
following assumptions:
• At the start of every calendar year, an investor would allocate equally amongst the top 5 ranked active large cap funds
based on the past calendar year performance
• This exercise is repeated on an annual basis at the start of every calendar year
Active Large Cap Funds Nifty Next 50 TRI *
Value 7.67 7.65
CAGR 14.5% 14.5%
Investing in Nifty Next 50 index has been in line with the best performing active funds
Data till 31st Dec 2019 | Source – MFIE, Internal. SEBI defined large cap funds are taken into consideration for the purpose of this study. This study is conducted from the time at
least 10 active large cap funds were in existence. Reason to start investment from 2005 is to have 1 year look back performance period to select funds.
Past performance may or may not sustain in future and should not be used as a basis for comparison with other investments. These figures pertain to performance of the index and do not in any
manner indicate the returns/performance of the Scheme. It is not possible to invest directly in an index.
* Excluding expense
Why invest in Nifty Next 50? (cont’d)
Value of Rs. 100,000 invested since 2005 In lakhs
13. 13
NIFTY Next 50 Index has grown ~30 times in the past ~23 years
NIFTY Next 50 Index
INR 1 L
via LUMP SUM
INR 10,000
via MONTHLY SIP
(invested amount = Rs 27.7 L)
INR 30.33 L
CAGR 15.92%
INR 2.10 Cr
CAGR 15.04%
Historical Performance: Nifty Next 50 Index
Past performance may or may not sustain in future and should not be used as a basis for comparison with other investments. These figures pertain to performance of the index and do not in any manner
indicate the returns/performance of the Scheme. It is not possible to invest directly in an index.
Source – NSE. Data from Dec 1996 to Dec 2019
14. 14
The Nifty Next 50 Index is well diversified index across sectors and stocks
Sector Weights (%)
Financial Services 31.8
Consumer Goods 23.2
Pharma 11.8
Cement & Cement Products 6.9
Energy 5.8
Automobile 5.4
Services 3.6
Chemicals 2.7
Metals 2.1
Construction 1.8
Textiles 1.7
Industrial Manufacturing 1.7
IT 0.8
Telecom 0.6
TOTAL 100.0
Top 10 companies Weights (%)
Hdfc Life Insurance Company Ltd. 4.7
Sbi Life Insurance Company Ltd. 4.6
Icici Lombard General Insurance
Company Ltd.
3.5
Shree Cement Ltd. 3.5
Dabur India Ltd. 3.3
Godrej Consumer Products Ltd. 3.3
Divi‘s Laboratories Ltd. 3.0
Bandhan Bank Ltd. 2.7
Pidilite Industries Ltd. 2.7
Avenue Supermarts Ltd. 2.7
TOTAL 34.0
Sectors & Top Stocks: Nifty Next 50 Index
Source – NSE. Data as on Dec 2019
The sector(s)/stock(s)/issuer(s) mentioned in this presentation do not constitute any research report/recommendation of the same and the Fund may or may not have any future position in these sector(s)/stock(s)/issuer(s).
16. 16
Investment Objective
To invest in companies which are constituents of NIFTY 50 TRI Index / NIFTY NEXT 50 TRI Index (underlying Index) in
the same proportion as in the index and seeks to generate returns that are commensurate (before fees and expenses)
with the performance of the underlying Index
There is no assurance that the investment objective of the Schemes will be realized.
Benchmark
For DSP Nifty 50 Index Fund - Nifty 50 TRI Index
For DSP Nifty Next 50 Index Fund – Nifty Next 50 TRI Index
Fund Manager Anil Ghelani
Asset Allocation
For DSP Nifty 50 Index Fund : Under normal circumstances, it is anticipated that the asset allocation of the Schemes
shall be as follows: Equity and equity related securities covered by Nifty 50 Index: 95% to 100% ; Debt and money
market instruments: 0% to 5%.
For DSP Nifty Next 50 Index Fund : Under normal circumstances, it is anticipated that the asset allocation of the
Schemes shall be as follows: Equity and equity related securities covered by Nifty Next 50 Index: 95% to 100% ; Debt
and money market instruments: 0% to 5%.
TER
For DSP Nifty 50 Index Fund – Regular Plan : 40 bps; Direct Plan : 20 bps
For DSP Nifty Next 50 Index Fund – Regular Plan : 60 bps; Direct Plan : 30 bps
Exit Load Nil
Minimum Application
Amount (First purchase
& subsequent purchase)
Applicable to both Regular & Direct Plan: For first investment – Rs. 500 and any amount thereafter.
DSP Nifty 50 Index Fund & DSP Nifty Next 50 Index Fund: Scheme
Features
17. 17
Who should invest?
First time investors who want to access the equity markets
Investors who want to meet the market at a low cost
Investors looking for a diversified equity exposure
1.
2.
3.
Investors who are looking for positive real return in the long run4.
Seasoned investors looking to add a core allocation to their portfolio5.
18. 18
Fund Manager: Anil Ghelani
Chartered Financial Analyst (CFA Institute USA)
Chartered Accountant (ICAI India)
Bachelors of Commerce, Mumbai University
2003
Anil has been working with DSP Group since 2003 and is currently Head of Passive
Investments & Products. Previously, he served as the Business Head & Chief Investment
Officer at DSP Pension Fund Managers and prior to that leading the Risk and Quantitative
Analysis team at DSP Mutual Fund responsible for monitoring of portfolio risk and buy-side
credit research on companies across various sectors.
Prior to joining DSP, he has worked IL&FS Asset Management Company and at S.R. Batliboi a
member firm of EY. He is currently serving in volunteer capacity as a Director and Vice Chairman
of the CFA Society India.
DSPIM
Head of Passive Investments & Products
Business Head and Chief Investment Officer of DSP Pension Fund Managers Pvt. Ltd.
Head of Risk & Quantitative Analysis (RQA) team
2018 - Present
IL&FS Asset
Management Co.
Education
Worked as a part of Fund Operations
2006 - 2012
2013
2003 - 2005 Joined DSP Investment Managers Pvt Ltd. as an Assistant Vice President in Fund
Administration team
S.R. Batliboi
(member firm of Ernst
& Young)
2000 - 2003 From February 2002 till February 2003 worked as an executive
CA articleship till January 2002
19. 19
In this material DSP Investment Managers Pvt. Ltd. (the AMC) has used information that is publicly available, including information developed in-house. Information gathered and used in this material is believed to be from reliable sources. The AMC however
does not warrant the accuracy, reasonableness and / or completeness of any information. The data/statistics are given to explain general market trends in the securities market, it should not be construed as any research report/research recommendation. We
have included statements / opinions / recommendations in this document, which contain words, or phrases such as “will”, “expect”, “should”, “believe” and similar expressions or variations of such expressions that are “forward looking statements”. Actual results
may differ materially from those suggested by the forward looking statements due to risk or uncertainties associated with our expectations with respect to, but not limited to, exposure to market risks, general economic and political conditions in India and other
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sector(s)/stock(s)/issuer(s) mentioned in this presentation do not constitute any research report/recommendation of the same and the Fund may or may not have any future position in these sector(s)/stock(s)/issuer(s). The portfolio of the scheme
is subject to changes within the provisions of the Scheme Information document of the scheme. Please refer to the SID for investment pattern, strategy and risk factors. Past performance may or may not be sustained in the future and should not be used as
a basis for comparison with other investments. All figures and other data given in this document are as on December 31, 2019 (unless otherwise specified) and the same may or may not be relevant in future and the same should not be considered as
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DSP Nifty 50 Index Fund
An open ended scheme replicating NIFTY 50 Index
DSP Nifty Next 50 Index Fund
An open ended scheme replicating NIFTY Next 50 Index
Product Labelling, Suitability and Disclaimers