FACTSHEET 13-Apr-2024
Name of the WealthBasket: Giants Of India
Research report first published: 25-Aug-2023
Recommended rebalancing frequency: Once every year
Section 1
Details of the theme
A wealth basket that invests in the biggest listed companies in India. Most of these have become household names, &
customer loyalty ensures consistent profits. Expect these companies to keep growing as India grows. It includes both
large and mid-cap stocks. Large-cap stocks are stable, like blue chip companies, while mid-cap companies have high
growth potential, but with a bit more risk. This approach aims for a balanced mix of stability and growth.
Section 2
Wealth Basket Constituents
Company Sector for equity baskets Weight(%)
ADITYA BIRLA SUN LIFE NIFTY 50 ETF Equity 34.00
ICICI PRUDENTIAL NIFTY NEXT 50 ETF Equity 33.00
MIRAE ASSET NIFTY MIDCAP 150 ETF Equity 33.00
TOTAL 100
* As on 13-April-2024
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Section 3
Securities continued from last report on 2024-03-12
SI. Company Previous weightage(%) New weightage (%)
1 ADITYA BIRLA SUN LIFE NIFTY 50 ETF 34.00 34.00
2 ICICI PRUDENTIAL NIFTY NEXT 50 ETF 33.00 33.00
3 Mirae Asset Nifty Midcap 150 ETF 33.00 33.00
Section 4
Sector Exposure Of Giants Of India
Source: Share.Market Research
Section 5
Investment Arguments
For stocks newly added to the wealth basket * rebalancing basket drift to target weights
For Stocks that moved out of the wealth basket * rebalancing basket drift to target weights
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Section 6
About this research report
Definitions under this research report
Momentum: Measures the speed of price change. Higher the Momentum, higher the star rating.
Size: Measures the size of the company. Higher the Size, higher the star rating.
Value: Fund/Stock is available at a lower price than its real value.
Risk: Measures riskiness of the wealth basket. Lower the Risk, higher the star rating.
Yield: Stock which generates income through dividends.
Annual Returns: Average per annum return over the period of analysis.
Annual Risks: Annualized Variation in daily return over the period of analysis.
Current Market Value: Current Market Value of the Investments.
Factors: Systematic characteristic of a stock/wealth basket that explains risk and returns.
Highest Holding: Name of the stock or sector that has maximum investment allocated to it.
Market Cap: Stocks are classified into different market cap category as per the AMFI definition. Stocks ranking between
1-100 in terms of market cap are considered as Large Cap, between 101-250 as Mid Cap, 251 and above are
considered as Small Cap.
Sector Exposure: Shows the investment in different sectors.
Total Investment: Total Cost of Investment.
Total Returns: Cumulative Gain or Loss on the Wealth Basket over the period of analysis.
Worst Drawdown: Maximum Loss suffered over the entire period of analysis.
Research, Methodology and Continuing Assessment
Universe Selection: Aditya Birla Sun Life Nifty 50 ETF, ICICI Pru Nifty Next 50 ETF, Mirae Asset Nifty Midcap 150 ETF
Research: Share.Market team studies various academic papers and research journals to customise the algorithm
suitable to the Indian market. These algorithms are backtested over 20 years period after adjusting for various data
biases like survivorship, look ahead, corporate action etc.
Stock Selection: Liquidity filters are applied to remove the stocks where enough stocks are not traded in the market.
Finally, wealth basket selection is done through multi factor approach. Each of the factors are custom defined to suit the
Indian Stock Market and thoroughly tested over multiple cycles of peak and trough.
Weighting: Depending upon the strategy, Share.Market applies quantitative method of weighting each stock. Risk is an
important consideration while defining the recommended position size (weight) of each stock.
Rebalancing: WealthBasket rebalancing recommendations may be made as per frequency decided by Research
Analyst
Partial Withdrawal
In case of partial withdrawal, all the stocks in the WealthBasket may be proportionately liquidated.
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Section 7
Disclosures and Disclaimers
PhonePe Wealth Broking Private Limited (“PPWB”) is registered with the Securities and Exchange Board of India (“SEBI”)
as a Research Analyst under SEBI (Research Analysts) Regulations, 2014 (“RA regulations”) vide registration
no. INH000013387, under which it offers research services to its clients as well as to prospective clients.
PPWB is also registered as a stockbroker with SEBI with registration number INZ000302639 for providing stock broking
services through BSE & NSE and registered as a depository participant with CDSL with SEBI registration number
IN-DP-696-2022. It also has registration with AMFI as a Mutual Fund Distributor.
This document is solely for the personal information of the recipient and must not be singularly used as the basis of any
investment decision. Nothing in this document should be construed as investment or financial advice. Each recipient of
this document should make such investigations as they deem necessary to arrive at an independent evaluation of an
investment in the securities of the companies referred to in this document (including the merits and risks involved) and
should consult their own advisors to determine the merits and risks of such an investment.
PPWB or its associates or research analyst or his relative may have actual/beneficial ownership of 1% or more in the
securities of the subject company at the end of the month immediately preceding the date of publication of the
research report.
Neither PPWB or its associates nor Research Analysts or his relative has any material conflict of interest at the time of
publication of the research report.
PPWB or its associates have not received any compensation from the companies mentioned in the report or any third
party during the period preceding twelve months from the date of this report for services in respect of managing or
co-managing public offerings, corporate finance, investment banking or merchant banking, brokerage services or other
advisory service in a merger or specific transaction in the normal course of business.
Neither PPWB nor its research analyst entity has been engaged in market making activity for the companies mentioned
in the report.
PPWB or its associates or Research Analyst or his relative might have a financial interest in the subject company. The
research analyst has not served as an officer, director, or employee of the subject company.
Investments in securities market are subject to market risk, read all the related documents carefully before investing. Past
performance does not guarantee future returns and performances of the WealthBaskets are subject to market risk.
The information in this document has been printed based on publicly available information, internal data, and other
reliable sources believed to be true, but we do not represent that it is accurate or complete and it should not be relied
on as such, as this document is for general guidance only.
PPWB or any of its affiliates/ group companies shall not be in any way responsible for any loss or damage that may arise
to any person from any inadvertent error in the information contained in this report.
This document is for your information purpose only and should not be reproduced/redistributed, directly or indirectly.
No material disciplinary action has been taken on PPWB or any of its affiliates/ group companies by any regulatory
authority impacting Research Analysis.
Investments in securities market are subject to market risk, read all the related documents carefully before investing.
Past performance does not guarantee future returns and performances of the WealthBaskets are subject to market risk.
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The information in this document has been printed based on publicly available information, internal data, and other
reliable sources believed to be true, but we do not represent that it is accurate or complete and it should not be relied
on as such, as this document is for general guidance only.
PPWB or any of its affiliates/ group companies shall not be in any way responsible for any loss or damage that may arise
to any person from any inadvertent error in the information contained in this report.
This document is for your information purpose only and should not be reproduced/redistributed, directly or indirectly.
No material disciplinary action has been taken on PPWB or any of its affiliates/ group companies by any regulatory
authority impacting Research Analysis.
Registration granted by SEBI, and certification from NISM in no way guarantee performance of the intermediary or
provide any assurance of returns to investors.
The opinions expressed in the Report are our current opinions as of the date of the Report and may be subject to
change from time to time without notice.
Risks
Trading and investment in securities are subject to market risks. There are no assurances or guarantees that the
objectives of any of investment in securities will be achieved. The investments referred to herein may not be suitable to
all categories of investors. The names of securities mentioned herein do not in any manner indicate their prospects or
returns. The value of securities referred to herein may be adversely affected by the performance or otherwise of the
respective issuer companies, changes in the market conditions, micro and macro factors and forces affecting capital
markets like interest rate risk, credit risk, liquidity risk and reinvestment risk. Derivative products may also be affected by
various risks including but not limited to counter party risk, market risk, valuation risk, liquidity risk and other risks. Besides
the price of the underlying asset, volatility, tenor and interest rates may affect the pricing of derivatives.
Jurisdiction
The possession, circulation and/or distribution of this research report may be restricted or regulated in certain jurisdictions
by appropriate laws. No action has been or will be taken by Share.Market in any jurisdiction (other than India), where
any action for such purpose(s) is required. Accordingly, this research report shall not be possessed, circulated and/or
distributed in any such country or jurisdiction unless such action is in compliance with all applicable laws and regulations
of such country or jurisdiction. Share.Market requires such recipient to inform himself about and to observe any
restrictions at his own expense, without any liability to Share.Market. Any dispute arising out of this research report shall
be subject to the exclusive jurisdiction of the Courts in Bengaluru, India.
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Name of the RA as registered with SEBI PhonePe Wealth Broking Private Limited
Registration number INH000013387
CIN U65990KA2021PTC146954
Registered Office and telephone number Office - 2, Floor 3, Wing A, Block A,
Salarpuria Softzone, Bellandur Village, Varthur Hobli,
Outer Ring Road, Bangalore South, Bangalore,
Karnataka - 560103, India
080-68727687
Name, telephone no, and email ID Shrenik Shah
of the compliance officer Tel:080-68727689
co@share.market
Name, telephone no, and email ID Ajay Nair
of the Grievance officer Tel : 080-68727688
GRO@share.market
Website https://share.market/
For grievances/complaints Grievances_ra@share.market
Section 8
Terms of Service
This research report is subject to the Term of Service and must be read in conjunction with the information, opinions, and
views of which they form part of.
Digitally signed by the concerned Research Analyst signed,
Name: Vaibhav Jain Vaibhav Jain
Contact Details: 080-69104769
Email address: Grievances_ra@share.market
Digitally signed by
Name: DS PHONEPE WEALTH BROKING
PRIVATE LIMITED 1
Date: 13 Apr 2024 08:42:34 IST
