Fund manager · DSP

Aparna Karnik

Head - Quantitative Investments and Analytics Fund Manager at DSP. Runs 3 schemes worth ₹13,004 Cr.

Fund house
DSPThey run their schemes at DSP.
AUM they run
₹13,004 CrThe AUM of the schemes they run, as main or co-manager, at the latest month's end, as AMFI reports it. A scheme two people run counts for both.
Schemes
3 now · 1 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Aug 2024.
Experience
20 yearsOver 20 years of experience in credit research and risk management

What Aparna Karnik's schemes hold^{(May 2022 – Sept 2026)}

What Aparna Karnik's schemes hold in Sept 2026. Tick up to 2 to plot them.
Plot	128 companies ·	₹ Cr
	HDFC Bank	524
	ICICI Bank	447
	Axis Bank	402
	Bharti Airtel Limited	308
	Reliance Industries	207
	Larsen and Toubro	201
	NVIDIA Corp	176
	State Bank of India	156
	Embassy Office Parks Reit	154
	NTPC	144
	Mahindra and Mahindra Limited	140
	MARUTI SUZUKI INDA LIMITED	130
	UltraTech Cement Limited	126
	Hindustan Zinc	125
	SBI Life Insurance Co Ltd	114
	Power Grid Corporation of India	112
	Page Industries	111
	Motherson Sumi Systems	110
	DLF	105
	Hero MotoCorp	105
	Knowledge Realty Trust	101
	Sony Corp	100
	Tata Motors Limited	99.8
	LIC of India Ltd	98
	Oberoi Realty	96.6
	Hindustan Petroleum Corp Ltd	86.3
	Info Edge India Limited	82
	Bayer Cropscience	80.8
	SK hynix Inc	80.5
	Alibaba Group Holding Limited	79.6
	IRB InvIT Fund	76.5
	Atul	76.4
	Oil India	75.9
	Brookfield India Real Estate Trust	75.6
	Asian Paints	73.2
	HDFC Asset Management Co Ltd	72.9
	Bharat Petroleum Corp Ltd	71.1
	Samsung Electronics Limited	62.8
	Infosys	60.9
	Angel One Limited	59.7
	L Oreal S A	57.3
	Schneider Electric SA	55.4
	Sun Pharmaceutical Ind Ltd	54.5
	National Stock Exchange Of India Ltd	54.3
	GAIL India	53.5
	Amazon com	52.1
	Citius Transnet Investment Trust	52
	Mindspace Business Parks REIT	51.6
	Midea Group Co Ltd	51.5
	Shree Cement	50

HDFC Bank
ICICI Bank

Market value of each ticked company across the schemes Aparna Karnik runs, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.
Month	HDFC Bank	ICICI Bank
Sept 2025	₹319 Cr	₹174 Cr
Oct 2025	₹352 Cr	₹172 Cr
Nov 2025	₹389 Cr	₹177 Cr
Dec 2025	₹382 Cr	₹168 Cr
Jan 2026	₹357 Cr	₹169 Cr
Feb 2026	₹370 Cr	₹140 Cr
Mar 2026	₹305 Cr	₹128 Cr
Apr 2026	₹561 Cr	₹261 Cr
May 2026	₹650 Cr	₹358 Cr
Jun 2026	₹595 Cr	₹415 Cr
Jul 2026	₹575 Cr	₹443 Cr
Aug 2026	₹566 Cr	₹471 Cr
Sept 2026	₹524 Cr	₹447 Cr

Fig. 1.Market value of each ticked company across the schemes Aparna Karnik runs, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.

Allocation^{(Sept 2026)}

Market cap

		% of AUM
Large Cap	53	34.35

Mid Cap	30	8.90

Small Cap	20	4.96

Foreign	17	7.53

REIT / InvIT	5	1.87

Unlisted	2	0.42

Other equity	1	0.19

Cash & others		41.78

Sectors

Companies

Fig. 2.What the schemes this manager runs hold, all together, by market cap, by sector and by company. Hover a slice or a row; click a slice to open it.

What Aparna Karnik bought and sold^{(Oct 2025 – Sept 2026)}

What Aparna Karnik bought and sold. Change in market value since the previous month, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.

Fig. 3.Change in market value since the previous month, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.