|Methodology||Alpha based Weighting|
|No. of Constituents||30|
|Launch Date||November 16, 2017|
|Base Date||October 1, 2014|
|Calculation Frequency||End of day|
|Std. Deviation *||16.44|
|AUTOMOBILES & AUTO PARTS||11.18|
|ENERGY-OIL & GAS||6.14|
|METALS AND MINING||4.88|
|CEMENT & CEMENT PRODUCTS||1.33|
Top Constituents by Weight
|BRITANNIA INDUSTRIES LTD.||6.78|
|DABUR INDIA LTD.||6.64|
|TATA CONSULTANCY SERVICES||6.42|
|PIDILITE INDUSTRIES LTD.||5.29|
|TECH MAHINDRA LTD.||5.15|
|BAJAJ FINSERV LTD.||4.90|
|MAHINDRA & MAHINDRA||4.55|
|ASIAN PAINTS LTD.||4.49|
Annualized Volatility %
|Period||Dynamic Largecap Index||NIFTY 50 Index|
Ended Nov 30, 2018
|Period||Dynamic Large Cap Index||NIFTY 50 Index||Top 5 Largecap MF|
|Since Inception (1-10-14)||22.03||7.83||10.36|
# QTD,YTD and 1 year returns are absolute returns. Returns for greater than one year are CAGR returns.
* Average daily standard deviation annualised.
- Weight of stocks in index is based on alpha score derived from ‘Jensen Alpha’ for the 30 stocks calculated based on previous 6 month period ending last trading day of February, May, August & November of each year.
- Index is rebalanced on a quarterly basis in March, June, September and December on 1st working day after F&O expiry of March, June, September and December.
- Weight of the stocks are determined based on Alpha score calculated at the time of the quarterly review. This weight may drift till the next review due to movement in stock prices.
- Apart from the scheduled quarterly review, additional rebalancing of the index is carried out in case any of the index constituents undergoes a suspension or delisting or scheme of arrangement.
The list of 30 stocks are determined based on quantitative research & analysis conducted on a quarterly basis by Dynamic Research team
List of Index Stocks for Oct-Dec'18 Quarter
|Ambuja Cements Ltd.|
|Ashok Leyland Ltd.|
|Asian Paints Ltd.|
|Aurobindo Pharma Ltd.|
|Bajaj Finserv Ltd.|
|Bharat Forge Ltd.|
|Britannia Industries Ltd.|
|Cadila Healthcare Ltd.|
|Container Corporation of India Ltd.|
|Dabur India Ltd.|
|Dr. Reddy's Laboratories Ltd.|
|Eicher Motors Ltd.|
|Godrej Consumer Products Ltd.|
|Hindustan Zinc Ltd.|
|ICICI Lombard General Insurance Company Ltd.|
|JSW Steel Ltd.|
|Mahindra & Mahindra Ltd.|
|Maruti Suzuki India Ltd.|
|Petronet LNG Ltd.|
|Pidilite Industries Ltd.|
|Piramal Enterprises Ltd.|
|Reliance Industries Ltd.|
|Sun Pharmaceutical Industries Ltd.|
|Tata Consultancy Services Ltd.|
|Tech Mahindra Ltd.|
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