L&T HYBRID EQUITY FUND

Data as on August 31, 2021

 
 
 

L&T HYBRID EQUITY FUND

Data as on August 31, 2021

 
 

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
0.6610 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
5,519.15(Rs In Crs)
Monthly Average AUM
5,446.70(Rs In Crs)
Volatility Measures*
Standard Deviation 16.71%
R-Squared 0.96
Beta 1.12
Sharpe Ratio# 0.45
*Source: ICRA MFIE
#Risk free rate assumed to be 3.10% (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 9.70%
➧ HDFC Bank Limited 4.93%
➧ State Bank of India 4.57%
Software
➧ Infosys Limited 4.90%
Tata Consultancy Services Limited 1.77%
Oracle Financial Services Software Limited 1.69%
Coforge Limited 1.42%
BIRLASOFT Limited 0.69%
Pharmaceuticals
➧ Sun Pharmaceutical Industries Limited 3.24%
Gland Pharma Limited 1.33%
Divi's Laboratories Limited 1.31%
Finance
➧ Housing Development Finance Corporation Limited 2.85%
Bajaj Finance Limited 1.79%
SBI Cards and Payment Services Limited 0.86%
Cement & Cement Products
➧ The Ramco Cements Limited 2.57%
➧ UltraTech Cement Limited 2.32%
Auto Ancillaries
Sona BLW Precision Forgings Limited 1.98%
Motherson Sumi Systems Limited 1.67%
Minda Industries Limited 0.92%
Consumer Non Durables
Emami Limited 1.62%
Varun Beverages Limited 0.88%
Tata Consumer Products Limited 0.84%
Ferrous Metals
➧ Tata Steel Limited 2.34%
Jindal Steel & Power Limited 0.52%
Textile Products
➧ K.P.R. Mill Limited 2.13%
Page Industries Limited 0.66%
Pesticides
PI Industries Limited 1.87%
Sharda Cropchem Limited 0.16%
Construction Project
Larsen & Toubro Limited 1.68%
Techno Electric & Engineering Company Limited 0.03%
Insurance
Bajaj Finserv Limited 1.05%
SBI Life Insurance Company Limited 0.46%
Industrial Capital Goods
Honeywell Automation India Limited 1.34%
Apar Industries Limited 0.10%
Non - Ferrous Metals
Hindalco Industries Limited 1.24%
Construction
Godrej Properties Limited 1.18%
Industrial Products
Supreme Industries Limited 1.06%
Petroleum Products
Reliance Industries Limited 1.05%
Chemicals
Atul Limited 0.97%
Retailing
Avenue Supermarts Limited 0.67%
Transportation
Container Corporation of India Limited 0.65%
Consumer Durables
Somany Ceramics Limited 0.29%
Capital Markets
UTI Asset Management Company Limited 0.28%
Total 73.58%
MONEY MARKET INSTRUMENT
Certificate of Deposit/Commercial Paper
Reliance Industries Limited CRISIL A1+ 0.18%
Export Import Bank of India CRISIL AAA 0.17%
Total 0.35%
Name Of Instrument Rating % to Net
Assets
Treasury Bill
182 DAYS T-BILL 30-DEC-21 SOVEREIGN 1.79%
Total 1.79%
DEBT INSTRUMENTS
Fixed Rates Bonds - Corporate
Listed / Awaiting listing on Stock Exchanges
State Bank Of India **Basel III Compliant AT 1 Bond # CRISIL AA+ 0.57%
National Bank for Agriculture & Rural Development CRISIL AAA 0.50%
Housing Development Finance Corporation Limited CRISIL AAA 0.48%
Power Finance Corporation Limited CRISIL AAA 0.48%
LIC Housing Finance Limited CRISIL AAA 0.47%
Housing Development Finance Corporation Limited CRISIL AAA 0.29%
National Bank for Agriculture & Rural Development ICRA AAA 0.27%
State Bank Of India **Basel III Compliant AT 1 Bond # CRISIL AA+ 0.24%
Sikka Ports & Terminals Limited (erstwhile Reliance Ports & Terminals Ltd) CRISIL AAA 0.22%
HDFC Bank Limited CRISIL AAA 0.21%
National Bank for Agriculture & Rural Development ICRA AAA 0.19%
Export Import Bank of India CRISIL AAA 0.11%
National Bank for Agriculture & Rural Development CRISIL AAA 0.10%
Power Finance Corporation Limited CRISIL AAA0.07%
Power Finance Corporation Limited CRISIL AAA0.05%
Small Industries Development Bank of India CARE AAA 0.04%
Nuclear Power Corporation Of India Limited CRISIL AAA0.03%
Power Grid Corporation of India Limited CRISIL AAA0.01%
Total 4.33%
GOVERNMENT SECURITIES
Fixed Rates Bonds - Government
06.18% GOI 04-NOV-2024 SOVEREIGN2.50%
07.32% GOI 28-JAN-2024SOVEREIGN 2.14%
07.27% GOI 08-APR-2026SOVEREIGN 1.97%
04.26% GOI 17-MAY-2023SOVEREIGN 1.84%
05.22% GOI 15-JUN-2025 SOVEREIGN1.83%
05.15% GOI 09-NOV-2025 SOVEREIGN1.83%
08.89% TELANGANA SDL 16-OCT-2024SOVEREIGN 0.62%
08.88% ANDHRA SDL 16-OCT-2024SOVEREIGN 0.52%
07.17% GOI 08-JAN-2028 SOVEREIGN0.48%
5.60% MAHARSHTRA SDL 09-SEP-2024 SOVEREIGN0.47%
05.79% GOI 11-MAY-2030 SOVEREIGN0.45%
6.70% TAMILNADU SDL - 16-OCT-2024 SOVEREIGN0.29%
8.87% HIMACHAL SDL - 16-OCT-2024SOVEREIGN 0.21%
07.26% GOI 14-JAN-2029 SOVEREIGN0.19%
06.79% GOI 15-MAY-2027SOVEREIGN 0.19%
8.72% KERALA SDL 29-OCT-2024 0.11%
07.68% GOI 15-DEC-2023SOVEREIGN 0.01%
Total 15.65%
(c) Tri Party Repo Dealing System (TREPS)4.51%
(d) Net Receivables/(Payables)-0.21%
Net Assets 100.00%
Total number of holdings   43
➧ Indicates top ten instruments
All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND ,BWR.

#The YTC of the security as per guidelines issued by SEBI Circular No SEBI/HO/IMD/DF4/CIR/P/2021/032 dated March 10,2021 read with Clarification issued by SEBI vide circular no SEBI/HO/IMD/DF4/CIR/P/2021/034 dated March 22, 2021 and AMFI Best Practices Guidelines Circular No. 91/ 2020 - 21.

 


~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.

 

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