1. DSP Equal Nifty 50 Fund
INVEST IN THE 50 GEMS OF THE INDIAN STOCK MARKET
August 2020

2. 2
Two Core Investment Principles
Data as on 31 August, 2020. For detailed disclaimers refer slide no. 12. Source - NSE
Buy companies that are sector leaders, can ride through cycles
1.
Diversify across stocks and sectors
2.
Investing in Nifty 50 Index can help achieve this. However:
• Stock weights are based on market cap
• Undue concentration on few stocks (eg: Reliance Industries ~13.6%)
• Higher concentration on few sectors (eg: Financial Services 35.0%)
Investing in Nifty 50 Equal Weight Index can help achieve both the above:
• Stock weights are all equal
• Lower stock specific risk (eg: Reliance Industries ~1.8%)
• Lower sector concentration (eg: Financial Services 19.9%)

3. 3
What is Equal Weight Index?
Equal Weight Index is like a smart team: every player has equal potential to perform!
Equal weights for every company within the index
Quarterly realignment back to equal weights
Periodic rebalancing books profits in outperformers, buys more of underperformers
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2.
3.

4. 4
Nifty 50 Equal Weight Index: Balanced diversification
Every player has an equal potential to perform
Top 10 companies: Nifty 50 Index= 61.9% weight, Nifty 50 Equal Weight Index= 23.1%* weight
Data as on 31 Aug, 2020, *This is the total of the actual top 10 companies’ weights in Nifty 50 Equal Weight Index. For detailed disclaimers refer slide no. 12.:Source - NSE
Company Name
Weight in Nifty 50
Index
Weight in Nifty 50 Equal
Weight Index
Reliance Industries Ltd. 13.6% 1.8%
HDFC Bank Ltd. 10.0% 1.9%
Infosys Ltd. 7.0% 1.9%
Housing Development Finance Corporation Ltd. 6.5% 1.9%
ICICI Bank Ltd. 5.6% 2.0%
Tata Consultancy Services Ltd. 4.9% 2.0%
Kotak Mahindra Bank Ltd. 4.2% 2.0%
Hindustan Unilever Ltd. 3.9% 1.8%
ITC Ltd. 3.4% 1.8%
Bharti Airtel Ltd. 2.5% 1.7%
Total 61.9% 18.8%
Top 10 companies as per Nifty 50 Index
Did you know? In Nifty 50 Index, weight of top stock (Reliance Industries, 13.6%) = ~weight of bottom 22 stocks

5. 5
Nifty 50 Equal Weight Index: Balanced diversification
Every player has an equal potential to perform
Bottom 10 companies: Nifty 50 Index= 4.9% weight, Nifty 50 Equal Weight Index= 17.8%* weight
Data as on 31 Aug, 2020, *This is the total of the actual bottom 10 companies’ weights in Nifty 50 Equal Weight Index. For detailed disclaimers refer slide no. 12. Source - NSE
Company Name
Weight in Nifty 50
Index
Weight in Nifty 50 Equal
Weight Index
JSW Steel Ltd. 0.6% 2.5%
Shree Cement Ltd. 0.6% 1.8%
Hindalco Industries Ltd. 0.6% 2.2%
Adani Ports And Special Economic Zone Ltd. 0.6% 2.2%
Grasim Industries Ltd. 0.6% 2.2%
Tata Motors Ltd. 0.5% 2.6%
Indian Oil Corporation Ltd. 0.5% 1.8%
Zee Entertainment Enterprises Ltd. 0.4% 2.5%
GAIL (India) Ltd. 0.4% 1.8%
Bharti Infratel Ltd. 0.3% 1.9%
Total 4.9% 21.6%
Bottom 10 companies as per Nifty 50 Index

6. 6
Nifty 50 Equal Weight Index: Balanced diversification
Right-sizing of sectors reduces concentration risk
Top 5 sectors: Nifty 50 Index=83.9% weight, Nifty 50 Equal Weight Index= 62.7%* weight
Data as on 31 Aug, 2020. *This is the total of the actual top 5 sectors’ weights in Nifty 50 Equal Weight Index. For detailed disclaimers refer slide no. 12. Source - NSE
Sector Name
Weight in Nifty 50
Index
Weight in Nifty 50 Equal
Weight Index
Financial Services 35.0% 19.9%
Oil & Gas 15.7% 9.1%
IT 15.3% 9.9%
Consumer Goods 12.2% 11.3%
Automobile 5.8% 12.6%
Total 83.9% 62.7%
Top 5 sectors as per Nifty 50 Index

7. 7
Historical Performance: Nifty 50 Equal Weight Index v/s Nifty 50 Index
Figures for indices are on Total Return basis. Data from 30 June, 1999 to 31 Aug, 2020. Source – NSE Indices Ltd. Index risk characteristics data is based
on Price Return Index. These figures pertain to performance of the Index and do not in any manner indicate the returns/performance of the Scheme. 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. For detailed
disclaimers refer slide no. 12
Index P/E P/B
Dividend
Yield
Standard
Deviation
Beta
(Nifty 50)
Correlation
(Nifty 50)
Nifty 50 Equal Weight Index 29.45 2.36 2.12 23.34 0.94 0.96
Nifty 50 Index 32.29 3.2 1.46 23.97
Nifty 50 Equal Weight Index outperformed with CAGR alpha of 1.66%
Nifty 50 Index
Nifty 50 Equal
Weight Index
Rs 1 L
via LUMP SUM
Rs 10,000
via MONTHLY SIP
(invested amount = Rs 25.5L)
Rs 17.49 L
CAGR 14.46%
Rs 1.33 Cr
CAGR 13.67%
Rs 12.82 L
CAGR 12.80%
Rs 1.23 Cr
CAGR 13.10%

8. 8
Calendar Year Performance: Nifty 50 Equal Weight Index v/s Nifty 50
Index
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
YTD
2020
Nifty 50 Equal
Weight Index
16.6% -25.4% 31.8% 3.7% 34.8% -5.2% 6.8% 27.8% -4.6% 4.3% -3.6%
Nifty 50 Index 19.2% -23.8% 29.4% 8.1% 32.9% -3.0% 4.4% 30.3% 4.6% 13.5% -5.7%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Nifty 50 Equal
Weight Index
-11.7% -11.1% 15.8% 109.4% 22.9% 38.7% 36.8% 55.2% -49.7% 100.6%
Nifty 50 Index -13.4% -15.1% 5.3% 76.6% 13.0% 38.6% 41.9% 56.8% -51.3% 77.6%
Figures for indices are on Total Return basis. These figures pertain to performance of the Index and do not in any manner indicate the returns/performance
of the Scheme. 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.
Indices are unmanaged and used for illustrative purposes only and are not intended to be indicative of any fund’s performance. It is not possible to invest
directly in an index.
Source – NSE Indices Ltd. Data from 01 Jan, 2000 to 31 Aug, 2020. Highlighted years are the ones in which Nifty 50 Equal Weight Index
outperformed the Nifty 50 Index
Nifty 50 Equal Weight Index outperformed in 11 out of 20 years

9. Invest in the top 50 Indian companies through Nifty 50 Equal Weight Index
Equal weight in all stocks in the index
Quarterly rebalancing books profits in outperformers, buys more of underperformers
Diversified portfolio at low cost
No fund manager bias
9
DSP Equal Nifty 50 Fund: 5 Reasons to Invest
1.
2.
3.
4.
5.

10. 10
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 Private Limited. as 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

11. 11
DSP Equal Nifty 50 Fund: Scheme Features
Investment Objective
To invest in companies which are constituents of NIFTY 50 Equal Weight 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 Scheme will be realized.
Benchmark Nifty 50 Equal Weight Index TRI ( Total Return Index)
Fund Manager Anil Ghelani
Asset Allocation
Under normal circumstances, it is anticipated that the asset allocation of the Scheme shall be as follows:
A. Equity and equity related securities covered by Nifty 50 Equal Weight Index TRI : 95% to 100%
B. Debt and money market instruments*: 0% to 5%.
Exit Load Nil
Minimum Application
Amount (First purchase
& subsequent purchase)
Regular & Direct Plan: Rs. 500 and any amount thereafter.
* Money Market Instruments will include TREPs, Commercial Paper, Certificates of Deposit, Treasury Bills, Bills Rediscounting, Repos, short term bank deposits, short-term Government
securities and any other such short-term instruments as may be allowed under the regulations prevailing from time to time.

12. 12
Product Labelling, Suitability and Disclaimers
DSP Equal
Nifty 50 Fund
(An open ended
scheme replicating
NIFTY 50 Equal
Weight Index)
This open ended index linked equity scheme is suitable for investors who are seeking*
• Long term capital growth
• Returns that are commensurate with the performance of Nifty 50 Equal Weight Index, subject
to tracking error.
*Investors should consult their financial advisors if in doubt about whether the scheme is suitable
for them.
RISKOMETER
This presentation / note is for information purposes only. In this material DSP Investment Managers Private Limited (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. While utmost care has been exercised while preparing this document, the AMC nor any
person connected does not warrant the completeness or accuracy of the information and disclaims all liabilities, losses and damages arising out of the use of this information. The recipient(s)
before acting on any information herein should make his/their own investigation and seek appropriate professional advice. All opinions, figures, charts/graphs and data included in this presentation
are as on Aug 31, 2020 (unless otherwise specified) and are subject to change without notice. For scheme specific risk factors and more details, please read the Scheme Information Document,
Statement of Additional Information and Key Information Memorandum of respective Scheme available on ISC of AMC and also available on www.dspim.com.There is no assurance of any
returns/potential/capital protection/capital guarantee to the investors in this Scheme. For Index disclaimer click here.
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). The portfolio of the scheme is subject to changes within the provisions of the Scheme Information document of the scheme. Past performance may or may not be
sustained in the future and should not be used as a basis for comparison with other investments. The 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.
An investor, by subscribing or purchasing an interest in the Product(s), will be regarded as having acknowledged, understood and accepted the disclaimer referred to in Clauses above and will be
bound by it.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

13. 13
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