L&T ARBITRAGE OPPORTUNITIES FUND

Data as on February 28, 2022

 
 
 

L&T ARBITRAGE OPPORTUNITIES FUND

Data as on February 28, 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
13.0993 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
4,207.02 (Rs In Crs)
Monthly Average AUM
4,332.95 (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
   
➧ Housing Development Finance Corporation Limited
2.56% 2.56%
➧ Bajaj Finance Limited
1.88% 1.88%
Piramal Enterprises Limited
1.06% 1.06%
IDFC Limited
0.91% 0.91%
LIC Housing Finance Limited
0.89% 0.89%
Manappuram Finance Limited
0.63% 0.63%
Rec Limited
0.48% 0.48%
Can Fin Homes Limited
0.32% 0.32%
Power Finance Corporation Limited
0.13% 0.13%
Aditya Birla Capital Limited
0.12% 0.12%
Muthoot Finance Limited
0.07% 0.07%
Indiabulls Housing Finance Limited
0.05% 0.05%
Mahindra & Mahindra Financial Services Limited
0.04% 0.04%
Shriram Transport Finance Company Limited
0.02% 0.02%
Cholamandalam Investment and Finance Company Limited
0.02% 0.02%
SBI Cards and Payment Services Limited
 ^   ^ 
Banks
   
Bandhan Bank Limited
1.21% 1.21%
ICICI Bank Limited
1.10% 1.10%
State Bank of India
1.01% 1.01%
IndusInd Bank Limited
0.85% 0.85%
The Federal Bank Limited
0.82% 0.82%
Axis Bank Limited
0.68% 0.68%
IDFC First Bank Limited
0.60% 0.60%
Kotak Mahindra Bank Limited
0.34% 0.34%
RBL Bank Limited
0.33% 0.33%
Bank of Baroda
0.16% 0.16%
City Union Bank Limited
0.12% 0.12%
Punjab National Bank
0.10% 0.10%
HDFC Bank Limited
0.02% 0.02%
Canara Bank
0.01% 0.01%
Ferrous Metals
   
➧ Tata Steel Limited
4.02% 4.02%
Jindal Steel & Power Limited
1.15% 1.15%
Steel Authority of India Limited
0.52% 0.52%
JSW Steel Limited
0.18% 0.18%
Consumer Non Durables
   
➧ ITC Limited
2.50% 2.50%
United Spirits Limited
1.18% 1.18%
Balrampur Chini Mills Limited
0.48% 0.48%
Berger Paints India Limited
0.48% 0.48%
Godrej Consumer Products Limited
0.26% 0.26%
Hindustan Unilever Limited
0.26% 0.26%
Dabur India Limited
0.22% 0.22%
Tata Consumer Products Limited
0.13% 0.13%
Nestle India Limited
0.12% 0.12%
Colgate Palmolive (India) Limited
0.01% 0.01%
United Breweries Limited
0.01% 0.01%
Asian Paints Limited
0.01% 0.01%
Marico Limited
0.01% 0.01%
Britannia Industries Limited
 ^   ^ 
Software
   
➧ HCL Technologies Limited
1.81% 1.81%
MphasiS Limited
0.54% 0.54%
Oracle Financial Services Software Limited
0.47% 0.47%
Larsen & Toubro Infotech Limited
0.46% 0.46%
Infosys Limited
0.44% 0.44%
BIRLASOFT Limited
0.44% 0.44%
Firstsource Solutions Limited
0.39% 0.39%
Persistent Systems Limited
0.37% 0.37%
MindTree Limited
0.17% 0.17%
Tata Consultancy Services Limited
0.11% 0.11%
Intellect Design Arena Limited
0.05% 0.05%
L&T Technology Services Limited
0.05% 0.05%
Transportation
   
➧ Adani Ports and Special Economic Zone Limited
4.44% 4.44%
Container Corporation of India Limited
0.53% 0.53%
Indian Railway Catering & Tourism Corp Limited
0.04% 0.04%
InterGlobe Aviation Limited
0.03% 0.03%
Pharmaceuticals
   
➧ Cadila Healthcare Limited
1.27% 1.27%
Aurobindo Pharma Limited
0.50% 0.50%
Granules India Limited
0.41% 0.41%
Lupin Limited
0.38% 0.38%
Glenmark Pharmaceuticals Limited
0.17% 0.17%
Strides Pharma Science Limited
0.16% 0.16%
Abbott India Limited
0.15% 0.15%
Laurus Labs Limited
0.11% 0.11%
Alembic Pharmaceuticals Limited
0.10% 0.10%
Sun Pharmaceutical Industries Limited
0.06% 0.06%
Divi's Laboratories Limited
0.06% 0.06%
Dr. Reddy's Laboratories Limited
0.02% 0.02%
Alkem Laboratories Limited
0.02% 0.02%
Biocon Limited
0.02% 0.02%
Pfizer Limited
0.01% 0.01%
Torrent Pharmaceuticals Limited
 ^   ^ 
Pesticides
   
➧ UPL Limited
1.90% 1.90%
PI Industries Limited
0.75% 0.75%
Entertainment
   
➧ Zee Entertainment Enterprises Limited
2.08% 2.08%
Sun TV Network Limited
0.09% 0.09%
PVR Limited
0.02% 0.02%
Leisure Services
   
Jubilant Foodworks Limited
1.10% 1.10%
Delta Corp Limited
0.50% 0.50%
Indian Hotels Company Limited
0.14% 0.14%
Non - Ferrous Metals
   
➧ National Aluminium Company Limited
1.27% 1.27%
Hindustan Copper Limited
0.43% 0.43%
Hindalco Industries Limited
 ^   ^ 
Insurance
   
Bajaj Finserv Limited
1.10% 1.10%
ICICI Lombard General Insurance Company Limited
0.18% 0.18%
Max Financial Services Limited
0.15% 0.15%
ICICI Prudential Life Insurance Company Limited
0.14% 0.14%
HDFC Life Insurance Company Limited
0.09% 0.09%
SBI Life Insurance Company Limited
0.01% 0.01%
Minerals/Mining
   
NMDC Limited
1.06% 1.06%
Adani Enterprises Limited
0.41% 0.41%
Coal India Limited
0.12% 0.12%
Power
   
Power Grid Corporation of India Limited
0.82% 0.82%
Tata Power Company Limited
0.56% 0.56%
NTPC Limited
0.13% 0.13%
Torrent Power Limited
0.03% 0.03%
Cement & Cement Products
   
UltraTech Cement Limited
0.42% 0.42%
Ambuja Cements Limited
0.33% 0.33%
The India Cements Limited
0.23% 0.23%
Name Of Instrument
% to Net
Assets
% to Net
Assets
(hedged)

 

Dalmia Bharat Limited
0.21% 0.21%
The Ramco Cements Limited
0.05% 0.05%
Shree Cements Limited
0.03% 0.03%
ACC Limited
0.01% 0.01%
Grasim Industries Limited
 ^   ^ 
Gas
   
Indraprastha Gas Limited
0.58% 0.58%
Mahanagar Gas Limited
0.50% 0.50%
Gujarat State Petronet Limited
0.11% 0.11%
Gujarat Gas Limited
0.05% 0.05%
Petronet LNG Limited
 ^   ^ 
Chemicals
   
SRF Limited
0.35% 0.35%
Rain Industries Limited
0.30% 0.30%
Gujarat Narmada Valley Fertilizers and Chemicals Limited
0.29% 0.29%
Pidilite Industries Limited
0.14% 0.14%
Aarti Industries Limited
0.09% 0.09%
Deepak Nitrite Limited
0.04% 0.04%
Tata Chemicals Limited
0.02% 0.02%
Retailing
   
Trent Limited
0.47% 0.47%
Info Edge (India) Limited
0.33% 0.33%
Aditya Birla Fashion and Retail Limited
0.28% 0.28%
Auto Ancillaries
   
Exide Industries Limited
0.47% 0.47%
Balkrishna Industries Limited
0.38% 0.38%
Apollo Tyres Limited
0.10% 0.10%
Motherson Sumi Systems Limited
0.07% 0.07%
Amara Raja Batteries Limited
0.02% 0.02%
Construction
   
Godrej Properties Limited
0.34% 0.34%
NBCC (India) Limited
0.31% 0.31%
Oberoi Realty Limited
0.26% 0.26%
DLF Limited
0.13% 0.13%
Capital Markets
   
Indian Energy Exchange Limited
0.73% 0.73%
Multi Commodity Exchange of India Limited
0.18% 0.18%
HDFC Asset Management Company Limited
0.01% 0.01%
Petroleum Products
   
Reliance Industries Limited
0.81% 0.81%
Indian Oil Corporation Limited
0.06% 0.06%
Bharat Petroleum Corporation Limited
0.04% 0.04%
Industrial Capital Goods
   
Siemens Limited
0.57% 0.57%
Bharat Heavy Electricals Limited
0.12% 0.12%
ABB India Limited
0.04% 0.04%
Consumer Durables
   
Titan Company Limited
0.22% 0.22%
Bata India Limited
0.21% 0.21%
Havells India Limited
0.18% 0.18%
Crompton Greaves Consumer Electricals Limited
0.04% 0.04%
Whirlpool of India Limited
 ^   ^ 
Healthcare Services
   
Apollo Hospitals Enterprise Limited
0.57% 0.57%
Syngene International Limited
0.01% 0.01%
Metropolis Healthcare Limited
 ^   ^ 
Auto
   
Ashok Leyland Limited
0.36% 0.36%
Eicher Motors Limited
0.06% 0.06%
Tata Motors Limited
0.02% 0.02%
Hero MotoCorp Limited
0.02% 0.02%
Maruti Suzuki India Limited
0.02% 0.02%
Bajaj Auto Limited
 ^   ^ 
Mahindra & Mahindra Limited
 ^   ^ 
Aerospace & Defense
   
Hindustan Aeronautics Limited
0.21% 0.21%
Bharat Electronics Limited
0.15% 0.15%
Telecom - Services
   
Tata Communications Limited
0.17% 0.17%
Bharti Airtel Limited
0.02% 0.02%
Oil
   
Oil & Natural Gas Corporation Limited
0.14% 0.14%
Industrial Products
   
Astral Limited
0.06% 0.06%
Bharat Forge Limited
0.04% 0.04%
Cummins India Limited
0.02% 0.02%
Textile Products
   
Page Industries Limited
0.08% 0.08%
Fertilisers
   
Coromandel International Limited
0.02% 0.02%
Construction Project
   
GMR Infrastructure Limited
 ^   ^ 
Total
67.02% 67.02%
MONEY MARKET INSTRUMENT
 
 
Certificate of Deposit/Commercial Paper
 
 
HDFC Bank Limited
CARE A1+ 2.33%
Housing Development Finance Corporation Limited 
ICRA A1+ 1.16%
Small Industries Development Bank of India
CARE A1+ 0.59%
Total
  4.08%
CENTRAL GOVERNMENT SECURITIES
 
06.84% GOI 19-12-2022
SOVEREIGN 5.40%
07.16% GOI 20-05-2023
SOVEREIGN 1.25%
Total
  6.65%
Treasury Bill
 
364 DAYS T-BILL 24-03-2022
SOVEREIGN 4.15%
364 DAYS T-BILL 30-03-2022
SOVEREIGN 2.37%
364 DAY T-BILL 30-06-2022
SOVEREIGN 2.35%
364 DAY T-BILL 28-04-2022
SOVEREIGN 1.18%
182 DAY T-BILL 12-05-2022
SOVEREIGN 1.18%
182 DAY T-BILL 14-07-2022
SOVEREIGN 1.17%
364 DAY T-BILL 13-10-2022
SOVEREIGN 1.16%
364 DAY T-BILL 20-10-2022
SOVEREIGN 1.16%
364 DAY T-BILL 02-11-2022
SOVEREIGN 1.15%
364 DAY T-BILL 12-01-2023
SOVEREIGN 1.14%
364 DAY T-BILL 19-01-2023
SOVEREIGN 1.14%
364 DAYS T-BILL 03-03-2022
SOVEREIGN 0.59%
364 DAYS T-BILL 11-03-2022
SOVEREIGN 0.59%
182 DAY T-BILL 16-06-2022
SOVEREIGN 0.59%
182 DAY T-BILL 30-06-2022
SOVEREIGN 0.12%
Total
  20.04%
OTHERS
 
 
(a) Margin as Cash Margin
-0.90%
(b) Tri Party Repo Dealing System (TREPS)
8.89%
(c) Net Receivables/(Payables)
-5.78%
Net Assets
 
100.00%
Total number of holdings
171

➧ 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 Feb, 2022) in Derivative Instruments (Gross Notional) 282,336.73 lakhs
Total percentage of existing assets hedged through futures is 67.02%

 

~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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