L&T NIFTY 50 INDEX FUND

Data as on April 30, 2022

 
 
 

L&T NIFTY 50 INDEX FUND

Data as on April 30, 2022

 
 

The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty 50 index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty 50 index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/ loss plus dividend payments by the constituent stocks. There is no assurance that the investment objective of the scheme will be realized.




Date of Inception
Regular Plan April 15, 2020
Direct Plan April 15, 2020
Portfolio Turnover
0.1452 times
Fund Manager
Mr. Praveen Ayathan (w.e.f. Apr 15, 2020)
Benchmark
Nifty 50 Index TRI
Month end AUM
94.02 (Rs In Crs)
Monthly Average AUM
94.26 (Rs In Crs)
Tracking Error
0.12%
Annualised Tracking error and computation based on Nifty 50 TRI
Options
Growth and IDCW.
The IDCW option offers Payout or Reinvestment facilities.

Name Of Instrument Rating % to Net
Assets
Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Banks
➧ HDFC Bank Limited 8.09%
➧ ICICI Bank Limited 6.89%
➧ Kotak Mahindra Bank Limited 3.51%
Axis Bank Limited 2.56%
State Bank of India 2.54%
IndusInd Bank Limited 0.85%
IT - Software
➧ Infosys Limited 7.65%
➧ Tata Consultancy Services Limited 4.90%
HCL Technologies Limited 1.52%
Tech Mahindra Limited 1.04%
Wipro Limited 1.00%
Petroleum Products
➧ Reliance Industries Limited 12.83%
Bharat Petroleum Corporation Limited 0.46%
Finance
➧ Housing Development Finance Corporation Limited 5.38%
Bajaj Finance Limited 2.37%
Bajaj Finserv Limited 1.20%
Diversified FMCG
➧ ITC Limited 3.03%
➧ Hindustan Unilever Limited 2.66%
Automobiles
Maruti Suzuki India Limited 1.37%
Mahindra & Mahindra Limited 1.18%
Tata Motors Limited 1.05%
Bajaj Auto Limited 0.65%
Eicher Motors Limited 0.49%
Hero MotoCorp Limited 0.43%
Pharmaceuticals & Biotechnology
Sun Pharmaceutical Industries Limited 1.34%
Divi's Laboratories Limited 0.77%
Cipla Limited 0.68%
Dr. Reddy's Laboratories Limited 0.67%
Consumer Durables
Asian Paints Limited 1.95%
Titan Company Limited 1.37%
Name Of Instrument Rating % to Net
Assets
Construction
➧ Larsen & Toubro Limited 2.73%
Telecom - Services
Bharti Airtel Limited 2.33%
Cement & Cement Products
UltraTech Cement Limited 1.02%
Grasim Industries Limited 0.85%
Shree Cements Limited 0.46%
Ferrous Metals
Tata Steel Limited 1.37%
JSW Steel Limited 0.94%
Power
Power Grid Corporation of India Limited 1.04%
NTPC Limited 0.99%
Food Products
Nestle India Limited 0.87%
Britannia Industries Limited 0.52%
Insurance
HDFC Life Insurance Company Limited 0.72%
SBI Life Insurance Company Limited 0.65%
Non - Ferrous Metals
Hindalco Industries Limited 0.94%
Transport Infrastructure
Adani Ports and Special Economic Zone Limited 0.82%
Oil
Oil & Natural Gas Corporation Limited 0.78%
Agricultural Food & other Products
Tata Consumer Products Limited 0.66%
Healthcare Services
Apollo Hospitals Enterprise Limited 0.61%
Fertilizers & Agrochemicals
UPL Limited 0.60%
Consumable Fuels
Coal India Limited 0.51%
Total 99.84%
OTHERS
(a) Tri Party Repo Dealing System (TREPS)0.23%
(b) Net Receivables/(Payables)-0.07%
Net Assets 100.00%
Total number of holdings 50
➧ Indicates top ten instruments

 


Exit Load:If the Units redeemed or switched out are upto 10% of the units purchased or switched in (“the limit”) within 1 month from the date of allotment. – Nil. If units redeemed or switched out are over and above the limit within 1 month from the date of allotment – 1%. If units are redeemed or switched out on or after 1 month 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'

 

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