|Methodology||Alpha based Weighting|
|No. of Constituents||20|
|Launch Date||November 16, 2017|
|Base Date||October 1, 2014|
|Calculation Frequency||End of day|
|Std. Deviation *||16.45|
|BANKS-PRIVATE AND PSU||20.00|
|ENERGY-OIL & GAS||15.00|
|METALS AND MINING||15.00|
|CEMENT & CEMENT PRODUCTS||10.00|
|AUTOMOBILES & AUTO PARTS||5.00|
|INFRASTRUCTURE CONSTRUCTION AND ENGINEERING||5.00|
Top Constituents by Returns (In Current Quarter)
|HDFC ASSET MANAGEMENT Co.||23.80|
|RELIANCE INDUSTRIES LTD.||-0.36|
|KOTAK MAHINDRA BANK LTD.||-3.09|
|AMBUJA CEMENTS LTD.||-4.93|
|HDFC BANK LTD.||-8.83|
|BAJAJ FINANCE LTD.||-9.47|
|HINDUSTAN PETROLEUM CORPORATION||-10.31|
|BANDHAN BANK LTD.||-12.84|
Annualized Volatility %
|Period||Dynamic Largecap Index||NIFTY 50 Index|
Ended Aug 31, 2019
|Period||Dynamic Large Cap Index||NIFTY 50 Index||Top 5 Largecap MF|
|Since Inception (1-10-14)||16.40||6.89||9.57|
# 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 20 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 20 stocks are determined based on quantitative research & analysis conducted on a quarterly basis by Dynamic Research team
List of Index Stocks for Jul-Sep'19 Quarter
|AMBUJA CEMENTS LTD.|
|ASHOK LEYLAND LTD.|
|AXIS BANK LTD.|
|BAJAJ FINANCE LTD.|
|BAJAJ FINSERV LTD.|
|BANDHAN BANK LTD.|
|GRASIM INDUSTRIES LTD.|
|HDFC ASSET MANAGEMENT COMPANY LTD.|
|HDFC BANK LTD.|
|HINDUSTAN PETROLEUM CORPORATION LTD.|
|HOUSING DEVELOPMENT FINANCE CORPORATION LTD.|
|KOTAK MAHINDRA BANK LTD.|
|L&T FINANCE HOLDINGS LTD.|
|LARSEN & TOUBRO LTD.|
|OIL & NATURAL GAS CORPORATION LTD.|
|RELIANCE INDUSTRIES LTD.|
|STEEL AUTHORITY OF INDIA LTD.|
|TATA STEEL LTD.|
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