L&T HYBRID EQUITY FUND

Data as on April 30, 2022

 
 
 

L&T HYBRID EQUITY FUND

Data as on April 30, 2022

 
 

To seek to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments. There is no assurance that the investment objective of the scheme will be realized.




Date of Inception
Regular Plan February 07, 2011
Direct Plan January 01, 2013
Portfolio Turnover
0.6832 times
Fund Manager
Ms. Cheenu Gupta (w.e.f. July 02, 2021) & Mr. Venugopal Manghat (w.e.f. Dec 17, 2019) (for investments in equity and equity related instruments), Mr. Shriram Ramanathan (w.e.f. May 30, 2016) (investments in debt and debt related instruments)~
Benchmark
CRISIL Hybrid 35+65 - Aggressive Index
Month end AUM
4,832.01 (Rs In Crs)
Monthly Average AUM
4,953.56 (Rs In Crs)
Volatility Measures*
Standard Deviation 16.12%
R-Squared 0.93
Beta 1.10
Sharpe Ratio# 0.49
*Source: ICRA MFIE
#Risk free rate assumed to be 3.35% (based on 3-months Mibor NSE rate during last 3 months)
Options
➧ Growth and IDCW.
➧ IDCW Option (Reinvestment and Payout)
➧ Annual IDCW Option (Reinvestment and Payout)

Name Of Instrument Rating % to Net
Assets
Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Banks
➧ ICICI Bank Limited 6.21%
➧ State Bank of India 3.28%
➧ HDFC Bank Limited 2.51%
Kotak Mahindra Bank Limited 1.91%
IT - Software
➧ Infosys Limited 5.14%
Persistent Systems Limited 1.68%
Coforge Limited 1.31%
MindTree Limited 0.91%
Tata Consultancy Services Limited 0.87%
BIRLASOFT Limited 0.59%
Auto Components
➧ Sona BLW Precision Forgings Limited 2.87%
Minda Industries Limited 1.88%
Motherson Sumi Wiring India Limited 1.22%
Textiles & Apparels
➧ K.P.R. Mill Limited 4.14%
Page Industries Limited 1.38%
Finance
Bajaj Finance Limited 1.82%
Cholamandalam Investment and Finance Company Limited 1.47%
Bajaj Finserv Limited 1.04%
Housing Development Finance Corporation Limited 0.47%
Petroleum Products
➧ Reliance Industries Limited 4.73%
Consumer Durables
➧ Titan Company Limited 2.11%
Asian Paints Limited 1.40%
Somany Ceramics Limited 0.29%
Leisure Services
➧ Indian Hotels Company Limited 3.00%
Healthcare Services
Apollo Hospitals Enterprise Limited 1.38%
Max Healthcare Institute Limited 1.22%
Power
Tata Power Company Limited 2.04%
NTPC Limited 0.48%
Automobiles
➧ Tata Motors Limited 2.46%
Pharmaceuticals & Biotechnology
Cipla Limited 1.06%
Divi's Laboratories Limited 0.70%
Sun Pharmaceutical Industries Limited 0.51%
Chemicals & Petrochemicals
SRF Limited 0.92%
Atul Limited 0.71%
Industrial Manufacturing
Honeywell Automation India Limited 1.55%
Retailing
Avenue Supermarts Limited 1.01%
Go Fashion (India) Limited 0.46%
Ferrous Metals
Tata Steel Limited 0.72%
Capital Markets
HDFC Asset Management Company Limited 0.48%
UTI Asset Management Company Limited 0.21%
Entertainment
Zee Entertainment Enterprises Limited 0.69%
IT - Services
L&T Technology Services Limited 0.65%
Industrial Products
Supreme Industries Limited 0.62%
Non - Ferrous Metals
Hindalco Industries Limited 0.60%
Realty
Godrej Properties Limited 0.27%
DLF Limited 0.25%
Gas
Gujarat Gas Limited 0.47%
Name Of Instrument Rating % to Net
Assets
Cement & Cement Products
UltraTech Cement Limited 0.47%
Beverages
Varun Beverages Limited 0.46%
Fertilizers & Agrochemicals
PI Industries Limited 0.32%
Agricultural Food & other Products
Tata Consumer Products Limited 0.32%
Insurance
SBI Life Insurance Company Limited 0.25%
Total 73.51%
MONEY MARKET INSTRUMENT
Certificate of Deposit/Commercial Paper
Export Import Bank of India CRISIL AAA 0.20%
Total 0.20%
DEBT INSTRUMENTS
Fixed Rates Bonds - Corporate
Listed / Awaiting listing on Stock Exchanges
Jamnagar Utilities and Power Pvt Limited CRISIL AAA 2.09%
Power Finance Corporation Limited CRISIL AAA 1.09%
Housing Development Finance Corporation Limited CRISIL AAA 0.85%
Export Import Bank of India CRISIL AAA 0.55%
LIC Housing Finance Limited CRISIL AAA 0.55%
National Bank for Agriculture & Rural Development CRISIL AAA 0.54%
National Bank for Agriculture & Rural Development ICRA AAA 0.54%
Housing Development Finance Corporation Limited CRISIL AAA 0.53%
Power Finance Corporation Limited CRISIL AAA 0.53%
Housing Development Finance Corporation Limited CRISIL AAA 0.33%
Rec Limited CRISIL AAA 0.32%
Sikka Ports & Terminals Limited (erstwhile Reliance Ports & Terminals Ltd) CRISIL AAA 0.25%
HDFC Bank Limited CRISIL AAA 0.23%
National Bank for Agriculture & Rural Development ICRA AAA 0.20%
National Bank for Agriculture & Rural Development CRISIL AAA 0.11%
Nuclear Power Corporation Of India Limited CRISIL AAA 0.03%
Total 8.74%
GOVERNMENT SECURITIES
Fixed Rates Bonds - Government
06.18% GOI 04-11-2024 SOVEREIGN 2.79%
04.26% GOI 17-05-2023 SOVEREIGN 2.10%
05.22% GOI 15-06-2025 SOVEREIGN 2.05%
05.15% GOI 09-11-2025 SOVEREIGN 2.04%
07.32% GOI 28-01-2024 SOVEREIGN 1.30%
07.27% GOI 08-04-2026 SOVEREIGN 1.06%
04.56% GOI 29-11-2023 SOVEREIGN 1.04%
07.17% GOI 08-01-2028 SOVEREIGN 0.53%
05.79% GOI 11-05-2030SOVEREIGN 0.49%
6.70% TAMILNADU SDL - 16-10-2024SOVEREIGN 0.32%
07.26% GOI 14-01-2029 SOVEREIGN 0.21%
06.79% GOI 15-05-2027 SOVEREIGN 0.21%
5.60% MAHARSHTRA SDL 09-09-2024 SOVEREIGN 0.10%
07.68% GOI 15-12-2023 SOVEREIGN 0.01%
Total 14.25%
(c) Tri Party Repo Dealing System (TREPS)4.37%
(d) Net Receivables/(Payables)-1.07%
Net Assets 100.00%
Total number of holdings   52
➧ Indicates top ten instruments
All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND ,BWR.

 


~For investments in foreign securities - Mr. Sonal Gupta (w.e.f July 5, 2021)
Exit Load: If the units redeemed or switched out are upto 10% of the units purchased or switched in (“the limit”) within 1 year from the date of allotment – Nil. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment – 1%. If units are redeemed or switched out on or after 1 year from the date of allotment – Nil.
For details of the performance of the schemes, please refer to 'Scheme Performance Section'
+ Please refer to note on expense ratios in 'Fund Manager wise Scheme Details'
For investments in equity and equity related instruments in the Fund was co-managed by Mr. Vihang Naik till July 1, 2021.
With effect from May 01, 2022, the first tier benchmark index of the Scheme shall be NIFTY 50 Hybrid Composite Debt 65:35 Index.

 

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