L&T ARBITRAGE OPPORTUNITIES FUND

Data as on April 30, 2022

 
 
 

L&T ARBITRAGE OPPORTUNITIES FUND

Data as on April 30, 2022

 
 

To seek to generate reasonable returns by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments. There is no assurance that the investment objective of the scheme will be realized.




Date of Inception
Regular Plan June 30, 2014
Direct Plan June 30, 2014
Portfolio Turnover
13.0080 times
Fund Manager
Mr. Venugopal Manghat (w.e.f June 30, 2014) & Mr. Praveen Ayathan (w.e.f June 30, 2014) for equity portion, Mr. Jalpan Shah (w.e.f January 24, 2019) for Debt Portion~
Benchmark
Nifty 50 Arbitrage Index
Month end AUM
3,521.03 (Rs In Crs)
Monthly Average AUM
3,478.42 (Rs In Crs)
Options
•Growth
•IDCW Option
1. Monthly IDCW (Payout and Re-investment)
2. Quarterly IDCW (Payout and Re-investment)

Name Of Instrument
% to Net
Assets
% to Net
Assets
(hedged)

 

Equity & Equity related
Listed/Awaiting listing on Stock Exchange
Finance
   
➧ Bajaj Finance Limited
1.83% 1.83%
Housing Development Finance Corporation Limited
1.52% 1.52%
Bajaj Finserv Limited
1.42% 1.42%
LIC Housing Finance Limited
1.30% 1.30%
IDFC Limited
1.09% 1.09%
Piramal Enterprises Limited
0.88% 0.88%
Manappuram Finance Limited
0.76% 0.76%
Rec Limited
0.68% 0.68%
Power Finance Corporation Limited
0.28% 0.28%
Cholamandalam Investment and Finance Company Limited
0.24% 0.24%
Can Fin Homes Limited
0.16% 0.16%
Muthoot Finance Limited
0.15% 0.15%
Indiabulls Housing Finance Limited
0.11% 0.11%
SBI Cards and Payment Services Limited
0.06% 0.06%
Shriram Transport Finance Company Limited
0.06% 0.06%
Mahindra & Mahindra Financial Services Limited
0.04% 0.04%
Banks
   
➧ HDFC Bank Limited
2.29% 2.29%
➧ Bandhan Bank Limited
1.96% 1.96%
IndusInd Bank Limited
1.06% 1.06%
IDFC First Bank Limited
0.57% 0.57%
City Union Bank Limited
0.38% 0.38%
ICICI Bank Limited
0.19% 0.19%
Axis Bank Limited
0.19% 0.19%
RBL Bank Limited
0.13% 0.13%
Canara Bank
0.11% 0.11%
Bank of Baroda
0.08% 0.08%
Punjab National Bank
0.07% 0.07%
State Bank of India
0.05% 0.05%
Kotak Mahindra Bank Limited
0.01% 0.01%
The Federal Bank Limited
 ^   ^ 
IT - Software
   
➧ HCL Technologies Limited
2.16% 2.16%
MindTree Limited
0.73% 0.73%
Tech Mahindra Limited
0.33% 0.33%
Larsen & Toubro Infotech Limited
0.33% 0.33%
Infosys Limited
0.19% 0.19%
Oracle Financial Services Software Limited
0.17% 0.17%
Persistent Systems Limited
0.15% 0.15%
Intellect Design Arena Limited
0.15% 0.15%
MphasiS Limited
0.05% 0.05%
Wipro Limited
0.03% 0.03%
BIRLASOFT Limited
 ^   ^ 
Transport Infrastructure
   
➧ Adani Ports and Special Economic Zone Limited
4.15% 4.15%
GMR Infrastructure Limited
 ^   ^ 
Ferrous Metals
   
➧ Tata Steel Limited
2.12% 2.12%
Steel Authority of India Limited
1.05% 1.05%
Jindal Steel & Power Limited
0.89% 0.89%
JSW Steel Limited
0.01% 0.01%
Diversified Metals
   
➧ Vedanta Limited
3.61% 3.61%
Beverages
   
➧ United Spirits Limited
3.07% 3.07%
United Breweries Limited
0.04% 0.04%
Pharmaceuticals & Biotechnology
   
Zydus Lifescences Limited
0.93% 0.93%
Granules India Limited
0.47% 0.47%
Laurus Labs Limited
0.38% 0.38%
Strides Pharma Science Limited
0.26% 0.26%
Aurobindo Pharma Limited
0.26% 0.26%
Lupin Limited
0.16% 0.16%
Alkem Laboratories Limited
0.14% 0.14%
Abbott India Limited
0.11% 0.11%
Glenmark Pharmaceuticals Limited
0.09% 0.09%
Divi's Laboratories Limited
0.03% 0.03%
Torrent Pharmaceuticals Limited
0.02% 0.02%
Biocon Limited
 ^   ^ 
Dr. Reddy's Laboratories Limited
 ^   ^ 
Cipla Limited
 ^   ^ 
Cement & Cement Products
   
➧ Ambuja Cements Limited
1.91% 1.91%
The Ramco Cements Limited
0.34% 0.34%
The India Cements Limited
0.30% 0.30%
Dalmia Bharat Limited
0.15% 0.15%
UltraTech Cement Limited
0.01% 0.01%
Grasim Industries Limited
0.01% 0.01%
ACC Limited
 ^   ^ 
Entertainment
   
➧ Zee Entertainment Enterprises Limited
1.69% 1.69%
Sun TV Network Limited
0.42% 0.42%
PVR Limited
0.10% 0.10%
Realty
   
Oberoi Realty Limited
1.44% 1.44%
Godrej Properties Limited
0.49% 0.49%
DLF Limited
0.06% 0.06%
Power
   
Power Grid Corporation of India Limited
0.84% 0.84%
Tata Power Company Limited
0.77% 0.77%
NTPC Limited
0.10% 0.10%
Non - Ferrous Metals
   
National Aluminium Company Limited
0.97% 0.97%
Hindalco Industries Limited
0.41% 0.41%
Hindustan Copper Limited
0.26% 0.26%
Capital Markets
   
Indian Energy Exchange Limited
0.88% 0.88%
Multi Commodity Exchange of India Limited
0.62% 0.62%
Nippon Life India Asset Management Limited
0.07% 0.07%
Aerospace & Defense
   
Bharat Electronics Limited
0.68% 0.68%
Hindustan Aeronautics Limited
0.54% 0.54%
Fertilizers & Agrochemicals
   
UPL Limited
0.78% 0.78%
Coromandel International Limited
0.34% 0.34%
PI Industries Limited
0.01% 0.01%
Petroleum Products
   
Reliance Industries Limited
0.86% 0.86%
Indian Oil Corporation Limited
0.13% 0.13%
Hindustan Petroleum Corporation Limited
0.02% 0.02%
Bharat Petroleum Corporation Limited
0.01% 0.01%
Auto Components
   
Exide Industries Limited
0.59% 0.59%
Apollo Tyres Limited
0.14% 0.14%
Amara Raja Batteries Limited
0.10% 0.10%
Balkrishna Industries Limited
0.07% 0.07%
Motherson Sumi Systems Limited
0.04% 0.04%
Bosch Limited
0.01% 0.01%
Retailing
   
Trent Limited
0.80% 0.80%
Aditya Birla Fashion and Retail Limited
0.07% 0.07%
Info Edge (India) Limited
0.02% 0.02%
Chemicals & Petrochemicals
   
Name Of Instrument
% to Net
Assets
% to Net
Assets
(hedged)

 

Rain Industries Limited
0.36% 0.36%
SRF Limited
0.22% 0.22%
Aarti Industries Limited
0.20% 0.20%
Tata Chemicals Limited
0.04% 0.04%
Gujarat Narmada Valley Fertilizers and Chemicals Limited
0.03% 0.03%
Deepak Nitrite Limited
0.02% 0.02%
Leisure Services
   
Delta Corp Limited
0.58% 0.58%
Indian Hotels Company Limited
0.18% 0.18%
Jubilant Foodworks Limited
0.01% 0.01%
Minerals & Mining
   
NMDC Limited
0.76% 0.76%
Transport Services
   
Container Corporation of India Limited
0.73% 0.73%
InterGlobe Aviation Limited
0.03% 0.03%
Metals & Minerals Trading
   
Adani Enterprises Limited
0.75% 0.75%
Insurance
   
Aditya Birla Capital Limited
0.39% 0.39%
ICICI Lombard General Insurance Company Limited
0.24% 0.24%
Max Financial Services Limited
0.07% 0.07%
ICICI Prudential Life Insurance Company Limited
0.04% 0.04%
Electrical Equipment
   
Siemens Limited
0.56% 0.56%
Bharat Heavy Electricals Limited
0.11% 0.11%
ABB India Limited
0.04% 0.04%
Agricultural Food & other Products
   
Balrampur Chini Mills Limited
0.70% 0.70%
Automobiles
   
Maruti Suzuki India Limited
0.56% 0.56%
Hero MotoCorp Limited
0.09% 0.09%
Eicher Motors Limited
0.02% 0.02%
TVS Motor Company Limited
0.01% 0.01%
Mahindra & Mahindra Limited
0.01% 0.01%
Tata Motors Limited
 ^   ^ 
Telecom - Services
   
Tata Communications Limited
0.34% 0.34%
Indus Towers Limited
0.21% 0.21%
Consumer Durables
   
Havells India Limited
0.12% 0.12%
Bata India Limited
0.11% 0.11%
Whirlpool of India Limited
0.10% 0.10%
Berger Paints India Limited
0.09% 0.09%
Crompton Greaves Consumer Electricals Limited
0.07% 0.07%
Titan Company Limited
0.02% 0.02%
Construction
   
NBCC (India) Limited
0.35% 0.35%
Larsen & Toubro Limited
0.06% 0.06%
Gas
   
GAIL India Limited
0.22% 0.22%
Gujarat State Petronet Limited
0.13% 0.13%
Mahanagar Gas Limited
0.02% 0.02%
Petronet LNG Limited
 ^   ^ 
Consumable Fuels
   
Coal India Limited
0.26% 0.26%
Personal Products
   
Godrej Consumer Products Limited
0.24% 0.24%
Marico Limited
0.00% 0.00%
Colgate Palmolive (India) Limited
 ^   ^ 
Dabur India Limited
 ^   ^ 
Industrial Products
   
Cummins India Limited
0.19% 0.19%
Bharat Forge Limited
0.03% 0.03%
Polycab India Limited
0.01% 0.01%
IT - Services
   
Firstsource Solutions Limited
0.20% 0.20%
L&T Technology Services Limited
0.02% 0.02%
Agricultural, Commercial & Construction Vehicles
   
Ashok Leyland Limited
0.09% 0.09%
Escorts Limited
0.04% 0.04%
Oil
   
Oil & Natural Gas Corporation Limited
0.11% 0.11%
Food Products
   
Nestle India Limited
0.07% 0.07%
Textiles & Apparels
   
Page Industries Limited
0.04% 0.04%
Healthcare Services
   
Apollo Hospitals Enterprise Limited
0.01% 0.01%
Syngene International Limited
0.01% 0.01%
Diversified FMCG
   
Hindustan Unilever Limited
0.02% 0.02%
Total
66.73% 66.73%
MONEY MARKET INSTRUMENT
 
 
Certificate of Deposit/Commercial Paper
 
 
HDFC Bank Limited
CARE A1+ 2.80%
HDFC Bank Limited
ICRA A1+ 0.68%
Total
  3.48%
CENTRAL GOVERNMENT SECURITIES
 
06.84% GOI 19-12-2022
SOVEREIGN 6.49%
07.16% GOI 20-05-2023
SOVEREIGN 1.50%
Total
  7.99%
Treasury Bill
 
364 DAY T-BILL 30-06-2022
SOVEREIGN 2.82%
364 DAY T-BILL 12-01-2023
SOVEREIGN 2.75%
364 DAY T-BILL 02-11-2022
SOVEREIGN 2.08%
182 DAY T-BILL 12-05-2022
SOVEREIGN 1.42%
182 DAY T-BILL 14-07-2022
SOVEREIGN 1.41%
364 DAY T-BILL 13-10-2022
SOVEREIGN 1.39%
364 DAY T-BILL 20-10-2022
SOVEREIGN 1.39%
364 DAY T-BILL 17-11-2022
SOVEREIGN 1.39%
364 DAY T-BILL 19-01-2023
SOVEREIGN 1.38%
182 DAY T-BILL 16-06-2022
SOVEREIGN 0.71%
364 DAY T-BILL 27-10-2022
SOVEREIGN 0.70%
182 DAY T-BILL 30-06-2022
SOVEREIGN 0.14%
Total
  17.58%
OTHERS
 
 
(a) Margin as Cash Margin
0.72%
(b) Tri Party Repo Dealing System (TREPS)
4.69%
(c) Net Receivables/(Payables)
-1.19%
Net Assets
 
100.00%
Total number of holdings
163

➧ Indicates top ten instruments
^ Indicates less than 0.01%
All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND,BWR.
Total outstanding position (as at Apr, 2022) in Derivative Instruments (Gross Notional) 235,528.03 lakhs
Total percentage of existing assets hedged through futures is 66.73%

 

~For investments in foreign securities - Mr. Sonal Gupta (w.e.f July 5, 2021)
Exit Load: For redemption on or before 1 month from the date of allotment or Purchase applying First in First out basis - 0.50% of Applicable NAV. After 1 month from the date of allotment or Purchase applying First in First out basis NIL.
For details of other funds managed by the Fund Manager and 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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