L&T ARBITRAGE OPPORTUNITIES FUND

Data as on August 31, 2021

 
 
 

L&T ARBITRAGE OPPORTUNITIES FUND

Data as on August 31, 2021

 
 

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
14.2578 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
5,664.38(Rs In Crs)
Monthly Average AUM
5,857.34(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
Ferrous Metals
   
➧ Tata Steel Limited
5.43% 5.43%
➧ Jindal Steel & Power Limited
1.49% 1.49%
JSW Steel Limited
1.25% 1.25%
Steel Authority of India Limited
0.80% 0.80%
Banks
   
➧ State Bank of India
2.29% 2.29%
➧ ICICI Bank Limited
2.02% 2.02%
The Federal Bank Limited
0.67% 0.67%
Punjab National Bank
0.62% 0.62%
Bandhan Bank Limited
0.59% 0.59%
Bank of Baroda
0.57% 0.57%
Kotak Mahindra Bank Limited
0.54% 0.54%
IDFC First Bank Limited
0.36% 0.36%
Canara Bank
0.25% 0.25%
RBL Bank Limited
0.14% 0.14%
HDFC Bank Limited
0.11% 0.11%
City Union Bank Limited
0.05% 0.05%
Axis Bank Limited
0.01% 0.01%
AU Small Finance Bank Limited
 ^   ^ 
Consumer Non Durables
   
➧ ITC Limited
3.37% 3.37%
Berger Paints India Limited
1.18% 1.18%
United Spirits Limited
1.08% 1.08%
Marico Limited
0.73% 0.73%
Nestle India Limited
0.09% 0.09%
Dabur India Limited
0.06% 0.06%
Godrej Consumer Products Limited
0.03% 0.03%
Colgate Palmolive (India) Limited
0.02% 0.02%
Britannia Industries Limited
0.01% 0.01%
United Breweries Limited
 ^   ^ 
Tata Consumer Products Limited
 ^   ^ 
Pharmaceuticals
   
Lupin Limited
1.05% 1.05%
Sun Pharmaceutical Industries Limited
0.95% 0.95%
Aurobindo Pharma Limited
0.79% 0.79%
Dr. Reddy's Laboratories Limited
0.74% 0.74%
Cadila Healthcare Limited
0.72% 0.72%
Divi's Laboratories Limited
0.50% 0.50%
Torrent Pharmaceuticals Limited
0.39% 0.39%
Granules India Limited
0.32% 0.32%
Biocon Limited
0.26% 0.26%
Pfizer Limited
0.19% 0.19%
Strides Pharma Science Limited
0.17% 0.17%
Glenmark Pharmaceuticals Limited
0.14% 0.14%
Alembic Pharmaceuticals Limited
0.08% 0.08%
IPCA Laboratories Limited
0.01% 0.01%
Petroleum Products
   
➧ Reliance Industries Limited
4.31% 4.31%
➧ Bharat Petroleum Corporation Limited
1.67% 1.67%
Indian Oil Corporation Limited
0.10% 0.10%
Hindustan Petroleum Corporation Limited
0.05% 0.05%
Finance
   
Bajaj Finance Limited
1.10% 1.10%
Housing Development Finance Corporation Limited
0.62% 0.62%
Manappuram Finance Limited
0.52% 0.52%
Cholamandalam Investment and Finance Company Limited
0.46% 0.46%
LIC Housing Finance Limited
0.30% 0.30%
Mahindra & Mahindra Financial Services Limited
0.22% 0.22%
Shriram Transport Finance Company Limited
0.19% 0.19%
Piramal Enterprises Limited
0.12% 0.12%
Can Fin Homes Limited
0.05% 0.05%
Rec Limited
0.01% 0.01%
Muthoot Finance Limited
0.01% 0.01%
Power Finance Corporation Limited
0.01% 0.01%
Telecom - Services
   
➧ Bharti Airtel Limited
3.46% 3.46%
Indus Towers Limited
0.04% 0.04%
Transportation
   
➧ Adani Ports and Special Economic Zone Limited
3.11% 3.11%
Container Corporation of India Limited
0.30% 0.30%
Indian Railway Catering & Tourism Corp Limited
0.02% 0.02%
Non - Ferrous Metals
   
➧ Vedanta Limited
2.96% 2.96%
National Aluminium Company Limited
0.34% 0.34%
Hindalco Industries Limited
0.02% 0.02%
Pesticides
   
UPL Limited
1.39% 1.39%
PI Industries Limited
0.09% 0.09%
Chemicals
   
Tata Chemicals Limited
0.65% 0.65%
SRF Limited
0.36% 0.36%
Deepak Nitrite Limited
0.32% 0.32%
Pidilite Industries Limited
0.06% 0.06%
Aarti Industries Limited
 ^   ^ 
Power
   
Tata Power Company Limited
1.05% 1.05%
Power Grid Corporation of India Limited
0.10% 0.10%
Torrent Power Limited
0.03% 0.03%
NTPC Limited
0.02% 0.02%
Cement & Cement Products
   
Shree Cements Limited
0.51% 0.51%
The Ramco Cements Limited
0.33% 0.33%
ACC Limited
0.19% 0.19%
Grasim Industries Limited
0.10% 0.10%
UltraTech Cement Limited
0.06% 0.06%
Software
   
Larsen & Toubro Infotech Limited
0.47% 0.47%
L&T Technology Services Limited
0.24% 0.24%
MindTree Limited
0.24% 0.24%
HCL Technologies Limited
0.09% 0.09%
MphasiS Limited
0.08% 0.08%
Oracle Financial Services Software Limited
0.04% 0.04%
Coforge Limited
0.01% 0.01%
Infosys Limited
0.01% 0.01%
Tech Mahindra Limited
0.01% 0.01%
Entertainment
   
Zee Entertainment Enterprises Limited
0.63% 0.63%
Sun TV Network Limited
0.29% 0.29%
PVR Limited
0.21% 0.21%
Healthcare Services
   
Name Of Instrument
% to Net
Assets
% to Net
Assets
(hedged)

 

Apollo Hospitals Enterprise Limited
1.00% 1.00%
Syngene International Limited
0.03% 0.03%
Metropolis Healthcare Limited
 ^   ^ 
Auto
   
Escorts Limited
0.49% 0.49%
TVS Motor Company Limited
0.23% 0.23%
Mahindra & Mahindra Limited
0.11% 0.11%
Maruti Suzuki India Limited
0.10% 0.10%
Hero MotoCorp Limited
0.05% 0.05%
Tata Motors Limited
0.02% 0.02%
Bajaj Auto Limited
0.01% 0.01%
Ashok Leyland Limited
 ^   ^ 
Insurance
   
Max Financial Services Limited
0.34% 0.34%
HDFC Life Insurance Company Limited
0.27% 0.27%
ICICI Lombard General Insurance Company Limited
0.20% 0.20%
Bajaj Finserv Limited
0.02% 0.02%
Auto Ancillaries
   
Exide Industries Limited
0.33% 0.33%
Balkrishna Industries Limited
0.18% 0.18%
MRF Limited
0.14% 0.14%
Amara Raja Batteries Limited
0.03% 0.03%
Bosch Limited
0.01% 0.01%
Retailing
   
Info Edge (India) Limited
0.38% 0.38%
Trent Limited
0.19% 0.19%
Indiamart Intermesh Limited
0.07% 0.07%
Aditya Birla Fashion and Retail Limited
0.03% 0.03%
Consumer Durables
   
Bata India Limited
0.36% 0.36%
Voltas Limited
0.17% 0.17%
Titan Company Limited
0.10% 0.10%
Dixon Technologies (India) Limited
0.01% 0.01%
Industrial Capital Goods
   
Bharat Heavy Electricals Limited
0.40% 0.40%
Siemens Limited
0.24% 0.24%
Industrial Products
   
Cummins India Limited
0.37% 0.37%
Astral Limited
0.17% 0.17%
Polycab India Limited
0.03% 0.03%
Bharat Forge Limited
0.03% 0.03%
Construction
   
DLF Limited
0.58% 0.58%
Construction Project
   
Larsen & Toubro Limited
0.57% 0.57%
Gas
   
Mahanagar Gas Limited
0.34% 0.34%
Indraprastha Gas Limited
0.14% 0.14%
GAIL India Limited
0.06% 0.06%
Gujarat Gas Limited
 ^   ^ 
Petronet LNG Limited
 ^   ^ 
Capital Markets
   
Nippon Life India Asset Management Limited
0.15% 0.15%
Multi Commodity Exchange of India Limited
0.12% 0.12%
HDFC Asset Management Company Limited
0.08% 0.08%
Indian Energy Exchange Limited
0.04% 0.04%
Leisure Services
   
Jubilant Foodworks Limited
0.13% 0.13%
The Indian Hotels Company Limited
0.09% 0.09%
Textile Products
   
Page Industries Limited
0.18% 0.18%
Minerals/Mining
   
Coal India Limited
0.12% 0.12%
NMDC Limited
0.01% 0.01%
Oil
   
Oil & Natural Gas Corporation Limited
0.04% 0.04%
Aerospace & Defense
   
Bharat Electronics Limited
0.03% 0.03%
Hindustan Aeronautics Limited
0.01% 0.01%
Fertilisers
   
Coromandel International Limited
0.03% 0.03%
Total
66.47% 66.47%
MONEY MARKET INSTRUMENT
 
 
Certificate of Deposit/Commercial Paper
 
 
Export Import Bank of India 
CRISIL A1 + 0.87%
National Bank for Agriculture & Rural Development
IND A1+ 0.87%
HDFC Bank Limited
CRISIL A1+ 0.85%
Axis Bank Limited
CRISIL A1 + 0.43%
Small Industries Development Bank of India
CARE A1+ 0.43%
Total
  3.45%
CENTRAL GOVERNMENT SECURITIES
   
08.20% GOI 15-FEB-2022
SOVEREIGN 1.36%
06.84% GOI 19-DEC-2022
SOVEREIGN 0.09%
Total
  1.45%
Treasury Bill
   
364 DAYS T-BILL 24-MAR-22
SOVEREIGN 3.03%
182 DAYS T-BILL 18-NOV-21
SOVEREIGN 2.63%
364 DAYS T-BILL 06-JAN-22
SOVEREIGN 2.62%
364 DAYS T-BILL 10-FEB-22
SOVEREIGN 2.17%
182 DAYS T-BILL 25-NOV-21
SOVEREIGN 1.75%
182 DAYS T-BILL 16-DEC-21
SOVEREIGN 1.75%
364 DAYS T-BILL 30-DEC-21
SOVEREIGN 1.75%
364 DAYS T-BILL 03-FEB-2022
SOVEREIGN 1.74%
364 DAYS T-BILL 30-MAR-22
SOVEREIGN 1.73%
364 DAY T-BILL 30JUN22
SOVEREIGN 1.71%
364 DAY T-BILL 28APR22
SOVEREIGN 0.86%
364 DAYS T-BILL 09-SEP-2021
SOVEREIGN 0.79%
182 DAYS T-BILL 14-OCT-21
SOVEREIGN 0.44%
182 DAYS T-BILL 21-OCT-21
SOVEREIGN 0.44%
364 DAYS T-BILL 20-JAN-22
SOVEREIGN 0.44%
364 DAYS T-BILL 03-MAR-22
SOVEREIGN 0.43%
364 DAYS T-BILL 11-MAR-22
SOVEREIGN 0.43%
364 DAYS T-BILL 13-JAN-2022
SOVEREIGN 0.35%
Total
 
25.06%
OTHERS
 
 
(a) Margin as Cash Margin
-0.73%
(b) Tri Party Repo Dealing System (TREPS)
2.94%
(c) Net Receivables/(Payables)
1.36%
Net Assets
 
100.00%
Total number of holdings 149

➧ 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 Aug, 2021) in Derivative Instruments (Gross Notional) 377,247.97 lakhs
Total percentage of existing assets hedged through futures is 66.47%

 

~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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