L&T EQUITY SAVINGS FUND

Data as on August 31, 2021

 
 
 

L&T EQUITY SAVINGS FUND

Data as on August 31, 2021

 
 

To generate regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and debt and money market instruments and to generate long-term capital appreciation through unhedged exposure to equity and equity related instruments. There is no assurance that the investment objective of the scheme will be realized.




Date of Inception
Regular Plan October 18, 2011
Direct Plan January 01, 2013
Portfolio Turnover
3.5590 times
Fund Manager
Ms. Cheenu Gupta (w.e.f. July 02, 2021), Mr. Venugopal Manghat (w.e.f. Nov 24, 2012) & Mr. Praveen Ayathan (w.e.f. Jan 09, 2015) (for investments in equity and equity related instruments) & Mr. Jalpan Shah (w.e.f. May 30, 2016) (for investments in debt and debt related instruments)
Benchmark
NIFTY Equity Savings Index
Month end AUM
73.35(Rs In Crs)
Monthly Average AUM
72.44 (Rs In Crs)
Options
•Growth
•IDCW:
1. Monthly IDCW (Reinvestment and Payout)
2. Quarterly IDCW (Reinvestment and Payout)

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

 

EQUITY & EQUITY RELATED
Listed/Awaiting Listing on the Stock Exchanges
Banks
➧ State Bank of India
3.76%  -  3.76%
➧ HDFC Bank Limited
2.52%  -  2.52%
➧ ICICI Bank Limited
8.01% 5.93% 2.08%
Finance
➧ Bajaj Finance Limited
2.31%  -  2.31%
➧ Housing Development Finance Corporation Limited
5.88% 5.04% 0.84%
Cholamandalam Investment and Finance Company Limited
0.58%  -  0.58%
SBI Cards and Payment Services Limited
0.55%  -  0.55%
Power Finance Corporation Limited
0.44% 0.44%  - 
Software
     
➧ Infosys Limited
3.65%  -  3.65%
HCL Technologies Limited
1.48%  -  1.48%
Persistent Systems Limited
1.17%  -  1.17%
eClerx Services Limited
0.90%  -  0.90%
Tata Consultancy Services Limited
0.70%  -  0.70%
Coforge Limited
0.65%  -  0.65%
Oracle Financial Services Software Limited
0.40%  -  0.40%
Larsen & Toubro Infotech Limited
0.22% 0.22%  - 
Auto
     
➧ Escorts Limited
3.13% 3.13%  - 
➧ Bajaj Auto Limited
2.03% 2.03%  - 
Ferrous Metals
     
➧ Tata Steel Limited
2.23%  -  2.23%
Jindal Steel & Power Limited
0.63%  -  0.63%
JSW Steel Limited
1.39% 1.39%  - 
Pharmaceuticals
     
Sun Pharmaceutical Industries Limited
1.35%  -  1.35%
Gland Pharma Limited
0.80%  -  0.80%
IPCA Laboratories Limited
0.70%  -  0.70%
Cipla Limited
0.58%  -  0.58%
Divi's Laboratories Limited
0.43%  -  0.43%
Chemicals
     
Clean Science and Technology Limited
0.85%  -  0.85%
Navin Fluorine International Limited
0.82%  -  0.82%
➧ Pidilite Industries Limited
2.02% 2.02% 0.00%
Auto Ancillaries
     
Sona BLW Precision Forgings Limited
0.98%  -  0.98%
Minda Industries Limited
0.81%  -  0.81%
Rolex Rings Limited
0.58%  -  0.58%
Cement & Cement Products
     
Ambuja Cements Limited
1.34%  -  1.34%
The Ramco Cements Limited
0.45%  -  0.45%
JK Lakshmi Cement Limited
0.35%  -  0.35%
Construction
     
Oberoi Realty Limited
1.26%  -  1.26%
Ahluwalia Contracts India Limited
0.83%  -  0.83%
Name Of Instrument % to Net
Assets
% to Net
Assets
(hedged)
% to Net
Assets
(unhedged)

 

Power
     
Tata Power Company Limited
1.66% 1.66%  - 
Power Grid Corporation of India Limited
0.38% 0.38%  - 
Capital Markets
     
Computer Age Management Services Limited
1.28%  -  1.28%
UTI Asset Management Company Limited
0.71%  -  0.71%
Petroleum Products
     
Reliance Industries Limited
0.92%  -  0.92%
Bharat Petroleum Corporation Limited
0.69% 0.69%  - 
Construction Project
     
Larsen & Toubro Limited
1.47%  -  1.47%
Consumer Non Durables
     
Tata Consumer Products Limited
0.60%  -  0.60%
Hindustan Unilever Limited
0.48%  -  0.48%
Industrial Products
     
Bharat Forge Limited
0.55%  -  0.55%
Textile Products
     
Page Industries Limited
0.49%  -  0.49%
Healthcare Services
     
Metropolis Healthcare Limited
0.38% 0.38%  - 
Transportation
     
Container Corporation of India Limited
0.28%  -  0.28%
Gas
     
GAIL India Limited
0.23%  -  0.23%
Total
66.90% 23.31% 43.59%
Name Of Instrument Rating % to Net Assets
PREFERENCE SHARES
Listed / Awaiting listing on Stock Exchanges
Entertainment
Zee Entertainment Enterprises Limited
 
0.01%
Total
 
0.01%
BONDS & NCDs
 
 
Listed / awaiting listing on the stock exchanges
 
 
Amba River Coke Limited (Subsidiary of JSW Steel Ltd) 
CARE AA-
2.73%
Total
 
2.73%
Zero Coupon Bonds - Corporate
 
 
Listed / awaiting listing on the stock exchanges
 
 
Aditya Birla Housing Finance Limited
ICRA AAA
1.25%
Total
 
1.25%
Central Government Securities
 
 
07.32% GOI 28-JAN-2024 SOVEREIGN 7.30%
06.18% GOI 04-NOV-2024 SOVEREIGN 7.22%
05.22% GOI 15-JUN-2025 SOVEREIGN 6.87%
Total  
21.39%
OTHERS    
(a) Margin as Cash Margin
 
-0.08%
(b) Tri Party Repo Dealing System (TREPS)
9.50%
(c) Net Receivables/(Payables)
 
-1.70%
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.
Total outstanding position (as at Aug, 2021) in Derivative Instruments (Gross Notional)1,713.85 lakhs
Total percentage of existing assets hedged through futures is 23.31%

 

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 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'
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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