DSPAMC - DSPSENXETF

About DSP S&P BSE Sensex ETF.

• DSP S&P BSE Sensex ETF is an open-ended value-oriented equity scheme that belongs to DSP Mutual Fund House.
• Anil Ghelani and Diipesh Shah are the fund managers of DSP S&P BSE Sensex ETF.
• DSP S&P BSE Sensex ETF was launched on July 17, 2023.
• DSP S&P BSE Sensex ETF has assets under management (AUM) that stood at ₹7.44 crore as of June 30, 2024.
• The fund is traded on both stock exchanges, which enables investors to trade at market price during each session.
• Retail investors can buy the ETF units through a demat account with a registered broker.

Investment Objective & Benchmark

• The investment objective is to provide returns that, correspond to the total return of the underlying index, subject to tracking errors.
• It is benchmarked against BSE Sensex TRI.
• The objective of ETF is to represent the top 30 companies, listed on BSE, selected based on float-adjusted market capitalisation and liquidity across key sectors of the Indian economy.
• The top 30 companies are shortlisted based on an average 6-month float or total market cap. Companies with a weight of less than 0.50% based on float-adjusted market cap are excluded.
• Reconstitution of the ETF happens, Semi-annually in June and December.
• The ETF includes stocks of companies from various sectors, offering investors a well-diversified investment.
• The scheme invests largely in giant and large-cap companies, preventing investors’ exposure to risk associated with smaller firms.
• The risk factor level of DSP S&P BSE Sensex ETF ETF is very high. It is suitable for investors with a time horizon of 5 years and above.

Asset Allocation & Portfolio Composition

• The fund's asset allocation comprises around 99.58% in equities and 0.06% in cash & cash equivalents.
• The fund predominantly invests in large and giant cap companies, allocating nearly 90% of the available assets.
• The top company holdings constitute 66.63% of the ETF's asset allocation.

Top 10 Holdings in stocks of DSP S&P BSE Sensex ETF include:

• HDFC Bank Ltd: 13.98%
• Reliance Industries Ltd: 11.69%
• ICICI Bank Ltd: 9.30%
• Infosys Ltd: 6.24%
• Larsen & Toubro Ltd: 4.57%
• TCS: 4.36%
• ITC Ltd: 4.33%
• Bharti Airtel Ltd: 4.25%
• Axis Bank Ltd: 3.92%
• State Bank of India: 3.59%

Sector-wise allocation in this fund;

• Banks: 34.79%
• Information Technology: 13.30%
• Petroleum Products: 11.69%
• Diversified FMGC: 6.77%
• Automobiles: 6.46%
• Construction: 4.57%
• Telecom. Services: 4.25%
• Power: 3.64%
• Consumer Durables: 3.02%
• Finance: 3.02%
• Ferrous Metals: 2.56%
• Pharmaceuticals: 1.81%
• Cement & Cement Products: 1.49%
• Transport Infrastructure: 1.20%
• Food Products: 1.01%

The ETF has delivered a return of 22.12% in the last one year as of June 30, 2024, compared to the benchmark index's 22.94% during the period.

Since its inception, DSP S&P BSE Sensex ETF has generated a return of 22.94% for its investors.