|Methodology||Alpha based Weighting|
|No. of Constituents||30|
|Launch Date||October 31, 2017|
|Base Date||October 3, 2016|
|Calculation Frequency||EOD Daily|
|Std. Deviation *||16.20|
|ENERGY-OIL & GAS||14.25|
|METALS AND MINING||12.27|
|AUTOMOBILES & AUTO PARTS||10.54|
|CEMENT & CEMENT PRODUCTS||5.16|
|BANKS-PRIVATE AND PSU||4.53|
|INFRASTRUCTURE CONSTRUCTION AND ENGINEERING||1.80|
|GOLD & JEWELLERY||11.00|
|MEDIA-TV AND NEWSPAPER||1.87|
Top Constituents by Weight
|Titan Company Ltd.||11.00|
|Bajaj Holdings & Investment Ltd.||7.15|
|Reliance Industries Ltd.||6.56|
|Tech Mahindra Ltd.||6.42|
|Tata Steel Ltd.||6.31|
|JSW Steel Ltd.||5.95|
|Bajaj Finance Ltd.||5.19|
|TVS Motor Company Ltd.||5.06|
|Motherson Sumi Systems Ltd.||3.95|
|Bajaj Finserv Ltd.||3.94|
Annualized Volatility %
|Period||Dynamic Largecap Index||NIFTY 50 Index|
Ended Jan 31, 2018
|Period||Dynamic Large Cap Index||NIFTY 50 Index||Top 10 Largecap MF|
# 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 Jan-Mar'18 Quarter
|BAJAJ HOLDINGS & INVESTMENT|
|BANK OF BARODA|
|HINDUSTAN PETROLEUM CORPORATION|
|INDIABULLS HOUSING FINANCE|
|LARSEN & TOUBRO|
|MAHINDRA & MAHINDRA|
|MOTHERSON SUMI SYSTEMS|
|ORACLE FINANCIAL SERVICES SOFTWARE|
|PUNJAB NATIONAL BANK|
|STATE BANK OF INDIA|
|SUN TV NETWORK|
|TVS MOTOR COMPANY|
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