Table of Contents

Risk in SIP: Assessment of Risk in SIP Investment

Updated on May 25, 2023 , 49477 views

The risk in SIP varies for different Types of Mutual Funds. investing in Mutual Funds via SIP (Systematic Investment plan) involves Market linked risks, that are certainly higher for Equity Funds than debt and balanced Mutual Funds. The risk in SIP depends on the investment option that is chosen considering the risk profile, risk appetite and liquidity. However, the risk in SIP can be managed and reduced by the fund managers and the fund house.

To calculate the risk in SIP there are various tools available like sip calculator (also known as SIP return calculator).

Risk in SIP: Assessment of SIP Risks

Risk 1: The risk of SIP getting a negative return or price risk

Mutual fund investments are subject to market risks, is a commonly heard term. What this means is that your investment in a SIP can go down and you can end up with a value lower than what you invested depending on how the market behaves.

The risk in SIP is however related to the holding period and usually, the longer the holding period, the lower the risk. With higher holding period the probability of making profit increases. For e.g. have a look below for equity, a longer holding period for equity results in a lowering chance of loss. (The below is an analysis done on the BSE Sensex from 1979 to 2016).

Risk 2: The risk being able to get your money back quickly or liquidity risk

The ability to get your money back quickly depends on the Underlying investments. Usually with mutual funds, this is not an issue, however, there have been periods (such in 2008), when there was an issue in selling securities(Bonds) and that certain mutual funds had to limit withdrawals from some schemes. The equity market is fairly liquid (meaning that buying and selling do not pose an issue). However, if the sale quantity exceeds the numbers of buyers by a large amount, then this will result in an issue, hence making subsequent payouts a problem and hence liquidity risk.

Risk 3: The risk of downgrade of a security or credit risk

When the bond of a particular company/entity undergoes a downgrade by a credit rating agency, its price falls. If the price falls, this impacts the overall value of the Portfolio. This is called credit risk.

Ready to Invest?
Talk to our investment specialist

Risk 4: The risk of the company not paying the owners of the bond their due or default risk

When a company defaults on its payments to the bond holders, it’s called Default Risk.

With the investor not getting their money back, this will impact their portfolio, negatively.

Risk 5: The risk of processing your transaction correctly or technology risk

Today, all transactions take place in the electronic mode. With the various touch-points, there is a possibility of a technological failure at various places, at the R & T Agent, the Bank to debit funds etc.

The non-processing of a transaction is also a risk in SIP.

Risk 6: The risk of scheme performance by the portfolio manager or fund management risk

Another risk in SIP is that the chosen scheme may not deliver upto expectations, and performance may be much lower than expected. The Fund Manager may under-deliver on performance, and this will lead to low returns on the SIP investment.

These are the major risks in a SIP, while we can go on and elaborate further risks in SIP like Economy risk etc., most of these risks would fall under one or more of the categories above.

Though there is definitely a risk in SIP, one should always remember that SIP or lump sum, this is just an investment route and NOT the underlying investment. One needs to look at the underlying investment, its risks, and then make a final decision.

*Below is the list of Top SIP's one can evaluate to invest in

1. Nippon India Small Cap Fund

The primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments of small cap companies and the secondary objective is to generate consistent returns by investing in debt and money market securities.

Nippon India Small Cap Fund is a Equity - Small Cap fund was launched on 16 Sep 10. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 20% since its launch. Ranked 6 in Small Cap category. Return for 2022 was 6.5% , 2021 was 74.3% and 2020 was 29.2% .

Below is the key information for Nippon India Small Cap Fund

Nippon India Small Cap Fund Growth
Launch Date	16 Sep 10
NAV (26 May 23)	₹100.708 ↑ 0.49 (0.49 %)
Net Assets (Cr)	₹26,294 on 30 Apr 23
Category	Equity - Small Cap
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	1.86
Sharpe Ratio	0.36
Information Ratio	1.25
Alpha Ratio	8.78
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 18	₹10,000
30 Apr 19	₹8,476
30 Apr 20	₹6,666
30 Apr 21	₹13,255
30 Apr 22	₹18,477
30 Apr 23	₹20,435

Nippon India Small Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047 Invest Now

Returns for Nippon India Small Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23

Duration	Returns
1 Month	6.5%
3 Month	10.3%
6 Month	7.1%
1 Year	31.4%
3 Year	50.6%
5 Year	18%
10 Year
15 Year
Since launch	20%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	6.5%
2021	74.3%
2020	29.2%
2019	-2.5%
2018	-16.7%
2017	63%
2016	5.6%
2015	15.1%
2014	97.6%
2013	11.9%

Fund Manager information for Nippon India Small Cap Fund

Name	Since	Tenure
Samir Rachh	2 Jan 17	6.33 Yr.
Kinjal Desai	25 May 18	4.94 Yr.
Tejas Sheth	1 Feb 23	0.24 Yr.
Akshay Sharma	1 Dec 22	0.41 Yr.

Data below for Nippon India Small Cap Fund as on 30 Apr 23

Equity Sector Allocation

Sector	Value
Industrials	27.86%
Consumer Cyclical	15.11%
Financial Services	14.37%
Basic Materials	14.33%
Consumer Defensive	7.77%
Technology	7.22%
Health Care	5.4%
Energy	1.46%
Communication Services	1.21%
Utility	0.47%
Real Estate	0.43%

Asset Allocation

Asset Class	Value
Cash	3.17%
Equity	96.83%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Tube Investments of India Ltd Ordinary Shares (Consumer Cyclical) Equity, Since 30 Apr 18 \| TIINDIA	3%	₹846 Cr	3,267,559
HDFC Bank Ltd (Financial Services) Equity, Since 30 Apr 22 \| HDFCBANK	2%	₹456 Cr	2,700,000
KPIT Technologies Ltd (Technology) Equity, Since 30 Jun 19 \| KPITTECH	2%	₹436 Cr	4,756,932
Bank of Baroda (Financial Services) Equity, Since 31 Mar 21 \| BANKBARODA	2%	₹433 Cr	23,045,248
NIIT Ltd (Consumer Defensive) Equity, Since 29 Feb 12 \| NIITLTD	2%	₹401 Cr	11,111,066 ↑ 15,650
Balrampur Chini Mills Ltd (Consumer Defensive) Equity, Since 28 Feb 19 \| BALRAMCHIN	1%	₹386 Cr	9,291,212
Navin Fluorine International Ltd (Basic Materials) Equity, Since 30 Sep 11 \| NAVINFLUOR	1%	₹382 Cr	787,244
Tejas Networks Ltd (Technology) Equity, Since 30 Jun 17 \| TEJASNET	1%	₹380 Cr	5,763,697
Larsen & Toubro Ltd (Industrials) Equity, Since 30 Sep 21 \| LT	1%	₹374 Cr	1,583,030
Zydus Wellness Ltd (Consumer Defensive) Equity, Since 31 Aug 16 \| ZYDUSWELL	1%	₹369 Cr	2,373,458

2. HDFC Small Cap Fund

To provide long-term capital appreciation by investing predominantly in Small-Cap and Mid-Cap companies.

HDFC Small Cap Fund is a Equity - Small Cap fund was launched on 3 Apr 08. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 15.5% since its launch. Ranked 9 in Small Cap category. Return for 2022 was 4.6% , 2021 was 64.9% and 2020 was 20.2% .

Below is the key information for HDFC Small Cap Fund

HDFC Small Cap Fund Growth
Launch Date	3 Apr 08
NAV (26 May 23)	₹88.161 ↑ 0.78 (0.90 %)
Net Assets (Cr)	₹15,857 on 30 Apr 23
Category	Equity - Small Cap
AMC	HDFC Asset Management Company Limited
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	1.84
Sharpe Ratio	0.62
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	300
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 18	₹10,000
30 Apr 19	₹8,972
30 Apr 20	₹6,015
30 Apr 21	₹11,443
30 Apr 22	₹15,068
30 Apr 23	₹17,369

HDFC Small Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710 Invest Now

Returns for HDFC Small Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23

Duration	Returns
1 Month	7.2%
3 Month	10.9%
6 Month	11.1%
1 Year	35.6%
3 Year	48.1%
5 Year	14%
10 Year
15 Year
Since launch	15.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	4.6%
2021	64.9%
2020	20.2%
2019	-9.5%
2018	-8.1%
2017	60.8%
2016	5.4%
2015	6.4%
2014	51.5%
2013	7.5%

Fund Manager information for HDFC Small Cap Fund

Name	Since	Tenure
Chirag Setalvad	28 Jun 14	8.85 Yr.
Priya Ranjan	1 May 22	1 Yr.

Data below for HDFC Small Cap Fund as on 30 Apr 23

Equity Sector Allocation

Sector	Value
Industrials	26.71%
Consumer Cyclical	19.76%
Financial Services	13.56%
Technology	12.61%
Basic Materials	8.1%
Health Care	4.8%
Consumer Defensive	3.41%
Communication Services	1.91%

Asset Allocation

Asset Class	Value
Cash	8.45%
Equity	91.55%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Sonata Software Ltd Shs Dematerialised (Technology) Equity, Since 31 Oct 17 \| SONATSOFTW	5%	₹791 Cr	9,259,329 ↓ -131,322
Bank of Baroda (Financial Services) Equity, Since 31 Mar 19 \| BANKBARODA	4%	₹691 Cr	36,828,792
Bajaj Electricals Ltd (Consumer Cyclical) Equity, Since 31 Mar 19 \| BAJAJELEC	4%	₹608 Cr	5,537,944
Firstsource Solutions Ltd Shs Dematerialised (Technology) Equity, Since 31 Mar 18 \| FSL	3%	₹554 Cr	47,400,000
Great Eastern Shipping Co Ltd Shs Dematerialised (Industrials) Equity, Since 31 Jan 15 \| GESHIP	3%	₹452 Cr	6,668,480
IDFC Ltd (Financial Services) Equity, Since 31 Oct 21 \| IDFC	3%	₹444 Cr	50,571,544
eClerx Services Ltd (Technology) Equity, Since 31 Mar 18 \| ECLERX	3%	₹420 Cr	3,099,516 ↑ 77,260
Aster DM Healthcare Ltd Ordinary Shares (Healthcare) Equity, Since 30 Jun 19 \| ASTERDM	3%	₹408 Cr	16,530,886
KEI Industries Ltd (Industrials) Equity, Since 30 Sep 17 \| KEI	3%	₹400 Cr	2,110,000
Kirloskar Ferrous Industries Ltd Shs Dematerialised (Industrials) Equity, Since 30 Apr 18 \| 500245	2%	₹371 Cr	8,965,017

3. L&T Emerging Businesses Fund

To generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies (small cap stocks). The Scheme could also additionally invest in Foreign Securities.

L&T Emerging Businesses Fund is a Equity - Small Cap fund was launched on 12 May 14. It is a fund with High risk and has given a CAGR/Annualized return of 19.9% since its launch. Ranked 2 in Small Cap category. Return for 2022 was 1% , 2021 was 77.4% and 2020 was 15.5% .

Below is the key information for L&T Emerging Businesses Fund

L&T Emerging Businesses Fund Growth
Launch Date	12 May 14
NAV (26 May 23)	₹51.5681 ↑ 0.23 (0.44 %)
Net Assets (Cr)	₹8,672 on 31 Jan 23
Category	Equity - Small Cap
AMC	L&T Investment Management Ltd
Rating	☆☆☆☆☆
Risk	High
Expense Ratio	1.87
Sharpe Ratio	-0.15
Information Ratio	0.61
Alpha Ratio	3.77
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 18	₹10,000
30 Apr 19	₹8,416
30 Apr 20	₹5,864
30 Apr 21	₹11,213
30 Apr 22	₹15,714
30 Apr 23	₹17,333

L&T Emerging Businesses Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080 Invest Now

Returns for L&T Emerging Businesses Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23

Duration	Returns
1 Month	5.3%
3 Month	9.4%
6 Month	8.6%
1 Year	26.9%
3 Year	47.6%
5 Year	13.7%
10 Year
15 Year
Since launch	19.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	1%
2021	77.4%
2020	15.5%
2019	-8.1%
2018	-13.7%
2017	66.5%
2016	10.2%
2015	12.3%
2014
2013

Fund Manager information for L&T Emerging Businesses Fund

Name	Since	Tenure
Venugopal Manghat	17 Dec 19	3.37 Yr.
Vihang Naik	17 Dec 19	3.37 Yr.

Data below for L&T Emerging Businesses Fund as on 31 Jan 23

Equity Sector Allocation

Sector	Value
Industrials	34.81%
Basic Materials	17.04%
Consumer Cyclical	15.6%
Financial Services	9.15%
Technology	7.18%
Real Estate	5.69%
Consumer Defensive	4.82%
Health Care	2.66%
Energy	1.27%
Communication Services	0.08%

Asset Allocation

Asset Class	Value
Cash	1.7%
Equity	98.3%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
K.P.R. Mill Ltd (Consumer Cyclical) Equity, Since 28 Feb 15 \| KPRMILL	3%	₹269 Cr	5,081,639
RHI Magnesita India Ltd (Industrials) Equity, Since 31 Aug 18 \| RHIM	3%	₹235 Cr	3,018,479
Indian Bank (Financial Services) Equity, Since 31 Jan 22 \| 532814	3%	₹230 Cr	7,556,600
Grindwell Norton Ltd (Industrials) Equity, Since 30 Sep 17 \| 506076	3%	₹225 Cr	1,127,322
Carborundum Universal Ltd (Industrials) Equity, Since 31 Jul 16 \| CARBORUNIV	3%	₹219 Cr	2,249,700
KEI Industries Ltd (Industrials) Equity, Since 31 Jan 20 \| KEI	2%	₹215 Cr	1,329,400
JK Lakshmi Cement Ltd (Basic Materials) Equity, Since 31 Oct 20 \| JKLAKSHMI	2%	₹209 Cr	2,845,600
E I D Parry India Ltd (Consumer Defensive) Equity, Since 31 Jan 20 \| EIDPARRY	2%	₹207 Cr	3,804,620
Apar Industries Ltd (Industrials) Equity, Since 31 Mar 17 \| APARINDS	2%	₹200 Cr	1,184,900
Ratnamani Metals & Tubes Ltd (Basic Materials) Equity, Since 30 Nov 17 \| RATNAMANI	2%	₹195 Cr	880,422

4. ICICI Prudential Smallcap Fund

(Erstwhile ICICI Prudential Indo Asia Equity Fund)

ICICI Prudential Indo Asia Equity Fund is an OE equity scheme that seeks to generate long term capital appreciation by investing in equity, equity related securities and or share classes/units of equity funds of companies, which are incorporated or have their area of primary activity, in the Asia Pacific region. Initially the Scheme will invest in share classes of International Opportunities Fund Asian Equity Fund and thereafter the Fund Manager of the Indo Asia Equity Fund may choose to make investment in listed equity shares, securities in the Asia Pacific region. However, there can be no assurance that the investment objective of the Scheme will be realized.

ICICI Prudential Smallcap Fund is a Equity - Small Cap fund was launched on 18 Oct 07. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 11.9% since its launch. Ranked 26 in Small Cap category. Return for 2022 was 5.7% , 2021 was 61% and 2020 was 22.8% .

Below is the key information for ICICI Prudential Smallcap Fund

ICICI Prudential Smallcap Fund Growth
Launch Date	18 Oct 07
NAV (26 May 23)	₹57.47 ↑ 0.32 (0.56 %)
Net Assets (Cr)	₹5,036 on 30 Apr 23
Category	Equity - Small Cap
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	2.1
Sharpe Ratio	0.2
Information Ratio	0.44
Alpha Ratio	4.5
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 18	₹10,000
30 Apr 19	₹8,460
30 Apr 20	₹6,580
30 Apr 21	₹12,747
30 Apr 22	₹17,408
30 Apr 23	₹18,749

ICICI Prudential Smallcap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579 Invest Now

Returns for ICICI Prudential Smallcap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23

Duration	Returns
1 Month	6.5%
3 Month	9.2%
6 Month	5.4%
1 Year	20.6%
3 Year	47.5%
5 Year	15.9%
10 Year
15 Year
Since launch	11.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	5.7%
2021	61%
2020	22.8%
2019	10%
2018	-22.4%
2017	42.7%
2016	6%
2015	0.5%
2014	50.6%
2013	8.8%

Fund Manager information for ICICI Prudential Smallcap Fund

Name	Since	Tenure
Harish Bihani	5 Nov 18	4.49 Yr.
Sharmila D’mello	30 Jun 22	0.84 Yr.

Data below for ICICI Prudential Smallcap Fund as on 30 Apr 23

Equity Sector Allocation

Sector	Value
Industrials	23.67%
Consumer Cyclical	21.35%
Health Care	13.63%
Financial Services	8.3%
Basic Materials	6.67%
Real Estate	4.08%
Communication Services	4.05%
Consumer Defensive	3.85%
Technology	3.55%

Asset Allocation

Asset Class	Value
Cash	10.01%
Equity	89.99%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Cyient Ltd (Industrials) Equity, Since 31 Aug 18 \| CYIENT	5%	₹227 Cr	1,926,719 ↓ -66,247
PVR INOX Ltd Shs Dematerialised (Communication Services) Equity, Since 28 Feb 23 \| PVRINOX	4%	₹179 Cr	1,222,813
Krishna Institute of Medical Sciences Ltd (Healthcare) Equity, Since 30 Sep 22 \| 543308	4%	₹179 Cr	1,183,364
EPL Ltd Ordinary Shares (Consumer Cyclical) Equity, Since 30 Apr 21 \| EPL	3%	₹167 Cr	9,546,110 ↑ 34,684
Rolex Rings Ltd (Industrials) Equity, Since 31 Jul 21 \| 543325	3%	₹161 Cr	873,867
KEI Industries Ltd (Industrials) Equity, Since 31 Jan 20 \| KEI	3%	₹144 Cr	760,363 ↓ -59,862
Multi Commodity Exchange of India Ltd (Financial Services) Equity, Since 30 Jun 19 \| MCX	3%	₹128 Cr	917,205 ↑ 50,000
CCL Products (India) Ltd (Consumer Defensive) Equity, Since 31 Jul 19 \| CCL	3%	₹127 Cr	2,116,034 ↓ -430,720
Tarsons Products Ltd (Healthcare) Equity, Since 30 Nov 21 \| 543399	3%	₹127 Cr	2,250,439
Blue Star Ltd (Industrials) Equity, Since 30 Nov 17 \| BLUESTARCO	2%	₹112 Cr	758,429 ↓ -960

5. Kotak Small Cap Fund

(Erstwhile Kotak Midcap Scheme)

The investment objective of the Scheme is to generate capital appreciation from a diversified portfolio of equity and equity related securities.

Kotak Small Cap Fund is a Equity - Small Cap fund was launched on 24 Feb 05. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 16.8% since its launch. Ranked 23 in Small Cap category. Return for 2022 was -3.1% , 2021 was 70.9% and 2020 was 34.2% .

Below is the key information for Kotak Small Cap Fund

Kotak Small Cap Fund Growth
Launch Date	24 Feb 05
NAV (26 May 23)	₹171.365 ↑ 0.60 (0.35 %)
Net Assets (Cr)	₹9,230 on 30 Apr 23
Category	Equity - Small Cap
AMC	Kotak Mahindra Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	1.55
Sharpe Ratio	-0.36
Information Ratio	0.29
Alpha Ratio	-1.74
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Apr 18	₹10,000
30 Apr 19	₹8,523
30 Apr 20	₹7,111
30 Apr 21	₹14,875
30 Apr 22	₹19,797
30 Apr 23	₹19,852

Kotak Small Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹458,689.
Net Profit of ₹158,689 Invest Now

Returns for Kotak Small Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23

Duration	Returns
1 Month	5.8%
3 Month	6.3%
6 Month	4.7%
1 Year	14.6%
3 Year	46%
5 Year	16.8%
10 Year
15 Year
Since launch	16.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	-3.1%
2021	70.9%
2020	34.2%
2019	5%
2018	-17.3%
2017	44%
2016	8.9%
2015	7.4%
2014	74%
2013	-4.9%

Fund Manager information for Kotak Small Cap Fund

Name	Since	Tenure
Pankaj Tibrewal	21 Jan 10	13.28 Yr.
Arjun Khanna	30 Apr 22	1 Yr.

Data below for Kotak Small Cap Fund as on 30 Apr 23

Equity Sector Allocation

Sector	Value
Industrials	33.94%
Consumer Cyclical	22.88%
Basic Materials	21.86%
Financial Services	5.5%
Health Care	3.24%
Technology	3.21%
Consumer Defensive	2.34%
Real Estate	1.5%
Energy	0.22%

Asset Allocation

Asset Class	Value
Cash	4.6%
Equity	95.4%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Carborundum Universal Ltd (Industrials) Equity, Since 30 Jun 18 \| CARBORUNIV	5%	₹435 Cr	4,041,905 ↓ -100,000
Cyient Ltd (Industrials) Equity, Since 31 Dec 19 \| CYIENT	4%	₹364 Cr	3,087,178 ↓ -63,829
Ratnamani Metals & Tubes Ltd (Basic Materials) Equity, Since 31 Jan 18 \| RATNAMANI	3%	₹303 Cr	1,409,522
Century Plyboards (India) Ltd Shs Dematerialised (Basic Materials) Equity, Since 31 Oct 18 \| CENTURYPLY	3%	₹296 Cr	5,673,505
Blue Star Ltd (Industrials) Equity, Since 31 May 18 \| BLUESTARCO	3%	₹278 Cr	1,880,175
Galaxy Surfactants Ltd (Basic Materials) Equity, Since 31 Jan 18 \| GALAXYSURF	3%	₹260 Cr	1,044,042 ↑ 17,777
Supreme Industries Ltd (Industrials) Equity, Since 31 May 14 \| SUPREMEIND	3%	₹232 Cr	851,636
Garware Technical Fibres Ltd Shs Dematerialised (Consumer Cyclical) Equity, Since 30 Jun 21 \| GARFIBRES	2%	₹225 Cr	772,836 ↑ 13,005
Persistent Systems Ltd (Technology) Equity, Since 31 Jul 13 \| PERSISTENT	2%	₹225 Cr	474,169
Sheela Foam Ltd (Consumer Cyclical) Equity, Since 30 Jun 18 \| SFL	2%	₹201 Cr	1,927,672

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.