L&T NIFTY 50 INDEX FUND

Data as on February 28, 2021

 
 
 

L&T NIFTY 50 INDEX FUND

Data as on February 28, 2021

 
 

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
0.1440 times
Fund Manager
Mr. Praveen Ayathan (w.e.f. Apr 15, 2020)
Benchmark
Nifty 50 Index TRI
Month end AUM
59.01 (Rs In Crs)
Monthly Average AUM
60.33 (Rs In Crs)
Options
Growth and Dividend.
The Dividend option offers Payout or Reinvestment facilities.

Name Of Instrument Rating/Industry % to Net
Assets
Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Banks
➧ HDFC Bank Limited 10.64%
➧ ICICI Bank Limited 6.58%
➧ Kotak Mahindra Bank Limited 4.16%
➧ Axis Bank Limited 2.86%
State Bank of India 2.39%
IndusInd Bank Limited 0.96%
Software
➧ Infosys Limited 7.40%
➧ Tata Consultancy Services Limited 4.85%
HCL Technologies Limited 1.57%
Wipro Limited 0.97%
Tech Mahindra Limited 0.91%
Finance
➧ Housing Development Finance Corporation Limited 7.27%
Bajaj Finance Limited 2.23%
Bajaj Finserv Limited 0.93%
HDFC Life Insurance Company Limited 0.88%
SBI Life Insurance Company Limited 0.54%
Petroleum Products
➧ Reliance Industries Limited 10.75%
Bharat Petroleum Corporation Limited 0.58%
Indian Oil Corporation Limited 0.40%
Consumer Non Durables
➧ Hindustan Unilever Limited 3.03%
➧ ITC Limited 2.84%
Asian Paints Limited 1.64%
Nestle India Limited 0.91%
Britannia Industries Limited 0.63%
Auto
Maruti Suzuki India Limited 1.45%
Mahindra & Mahindra Limited 1.23%
Tata Motors Limited 0.92%
Bajaj Auto Limited 0.79%
Hero MotoCorp Limited 0.67%
Eicher Motors Limited 0.55%
Pharmaceuticals
Name Of Instrument Rating/Industry % to Net
Assets
Sun Pharmaceutical Industries Limited 1.02%
Dr. Reddy's Laboratories Limited 0.86%
Divi's Laboratories Limited 0.68%
Cipla Limited 0.64%
Construction Project
Larsen & Toubro Limited 2.78%
Cement
UltraTech Cement Limited 1.13%
Grasim Industries Limited 0.74%
Shree Cements Limited 0.56%
Telecom - Services
Bharti Airtel Limited 2.13%
Power
Power Grid Corporation of India Limited 0.88%
NTPC Limited 0.83%
Ferrous Metals
Tata Steel Limited 0.86%
JSW Steel Limited 0.61%
Consumer Durables
Titan Company Limited 0.94%
Non - Ferrous Metals
Hindalco Industries Limited 0.79%
Transportation
Adani Ports and Special Economic Zone Limited 0.79%
Oil
Oil & Natural Gas Corporation Limited 0.65%
Minerals/Mining
Coal India Limited 0.51%
Pesticides
UPL Limited 0.49%
Gas
GAIL India Limited 0.42%
Total 99.84%
OTHERS
(a) Tri Party Repo Dealing System (TREPS) 0.84%
(b) Net Receivables/(Payables) -0.68%
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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