L&T EQUITY SAVINGS FUND

Data as on February 28, 2022

 
 
 

L&T EQUITY SAVINGS FUND

Data as on February 28, 2022

 
 

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
6.7483 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
208.32 (Rs In Crs)
Monthly Average AUM
210.53 (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
Assets
(hedged)
% to Net
Assets
(unhedged)

 

EQUITY & EQUITY RELATED
Listed/Awaiting Listing on the Stock Exchanges
Banks
➧ ICICI Bank Limited
2.84% 1.18% 1.66%
State Bank of India
1.11% 0.07% 1.04%
Kotak Mahindra Bank Limited
7.54% 6.65% 0.89%
Axis Bank Limited
0.71%  -  0.71%
RBL Bank Limited
0.02% 0.02%  - 
Bandhan Bank Limited
0.95% 0.95%  - 
Canara Bank
1.88% 1.88%  - 
IndusInd Bank Limited
1.31% 1.31%  - 
Software
     
➧ Infosys Limited
1.56%  -  1.56%
➧ MindTree Limited
1.12%  -  1.12%
Persistent Systems Limited
1.20% 0.14% 1.06%
Larsen & Toubro Infotech Limited
0.65% 0.08% 0.57%
Tata Consultancy Services Limited
0.23%  -  0.23%
Coforge Limited
0.20%  -  0.20%
HCL Technologies Limited
1.17% 1.17%  - 
BIRLASOFT Limited
0.71% 0.71%  - 
Oracle Financial Services Software Limited
1.06% 1.06%  - 
Finance
     
➧ Cholamandalam Investment and Finance Company Limited
1.16%  -  1.16%
Bajaj Finance Limited
0.92%  -  0.92%
Housing Development Finance Corporation Limited
2.10% 1.87% 0.23%
Can Fin Homes Limited
1.06% 1.06%  - 
Piramal Enterprises Limited
0.46% 0.46%  - 
SBI Cards and Payment Services Limited
0.30% 0.30%  - 
Non - Ferrous Metals
     
National Aluminium Company Limited
4.90% 4.90%  - 
Pharmaceuticals
     
Cipla Limited
0.67%  -  0.67%
Sun Pharmaceutical Industries Limited
0.28%  -  0.28%
Divi's Laboratories Limited
0.23%  -  0.23%
Abbott India Limited
0.08% 0.08%  - 
Cadila Healthcare Limited
2.06% 2.06%  - 
Dr. Reddy's Laboratories Limited
0.07% 0.07%  - 
Alkem Laboratories Limited
0.03% 0.03%  - 
Strides Pharma Science Limited
0.37% 0.37%  - 
Pfizer Limited
0.03% 0.03%  - 
Laurus Labs Limited
0.96% 0.96%  - 
Auto
     
➧ Tata Motors Limited
1.09%  -  1.09%
Mahindra & Mahindra Limited
1.33% 1.33%  - 
Bajaj Auto Limited
0.17% 0.17%  - 
Hero MotoCorp Limited
0.80% 0.80%  - 
Cement & Cement Products
     
UltraTech Cement Limited
0.32%  -  0.32%
Grasim Industries Limited
0.07% 0.07%  - 
The India Cements Limited
2.22% 2.22%  - 
Consumer Non Durables
     
Tata Consumer Products Limited
0.18%  -  0.18%
Marico Limited
0.15% 0.15%  - 
Hindustan Unilever Limited
1.69% 1.69%  - 
ITC Limited
0.50% 0.50%  - 
Petroleum Products
     
➧ Reliance Industries Limited
2.27%  -  2.27%
Hindustan Petroleum Corporation Limited
0.04% 0.04%  - 
Chemicals
     
➧ SRF Limited
1.14%  -  1.14%
Navin Fluorine International Limited
0.28%  -  0.28%
Clean Science and Technology Limited
0.27%  -  0.27%
Deepak Nitrite Limited
0.62% 0.62%  - 
Leisure Services
     
➧ Indian Hotels Company Limited
1.19%  -  1.19%
Jubilant Foodworks Limited
0.03% 0.03%  - 
Delta Corp Limited
1.02% 1.02%  - 
Gas
     
Mahanagar Gas Limited
0.78% 0.78%  - 
Indraprastha Gas Limited
1.24% 1.24%  - 
Consumer Durables
     
➧ Titan Company Limited
1.47%  -  1.47%
Pesticides
     
UPL Limited
1.25% 1.25%  - 
Healthcare Services
     
Apollo Hospitals Enterprise Limited
0.89% 0.09% 0.80%
Max Healthcare Institute Limited
0.36%  -  0.36%
Ferrous Metals
     
Name Of Instrument
% to Net
Assets
% to Net
Assets
(hedged)
% to Net
Assets
(unhedged)

 

JSW Steel Limited
0.45% 0.45%  - 
Tata Steel Limited
0.05% 0.05%  - 
Jindal Steel & Power Limited
0.05% 0.05%  - 
Steel Authority of India Limited
0.62% 0.62%  - 
Textile Products
     
➧ Page Industries Limited
1.17%  -  1.17%
Power
     
Tata Power Company Limited
0.96%  -  0.96%
Auto Ancillaries
     
Minda Industries Limited
0.37%  -  0.37%
Sona BLW Precision Forgings Limited
0.31%  -  0.31%
Rolex Rings Limited
0.23%  -  0.23%
Entertainment
     
Zee Entertainment Enterprises Limited
0.85% 0.30% 0.55%
Construction
     
Sobha Limited
0.52%  -  0.52%
Phoenix Mills Limited
0.28%  -  0.28%
Retailing
     
Avenue Supermarts Limited
0.52%  -  0.52%
Capital Markets
     
UTI Asset Management Company Limited
0.11%  -  0.11%
Multi Commodity Exchange of India Limited
0.41% 0.41%  - 
Industrial Products
     
Astral Limited
0.28% 0.28%  - 
Telecom - Services
     
Bharti Airtel Limited
0.03% 0.03%  - 
Total
68.52% 41.60% 26.92%
Name Of Instrument Rating % to Net Assets
PREFERENCE SHARES
Listed / Awaiting listing on Stock Exchanges
Entertainment
Zee Entertainment Enterprises Limited
Total
   
Zero Coupon Bonds - Corporate
 
 
Listed / awaiting listing on the stock exchanges
 
 
Aditya Birla Housing Finance Limited
ICRA AAA
0.45%
Total
 
0.45%
Central Government Securities
 
 
06.18% GOI 04-11-2024
SOVEREIGN 10.01%
05.22% GOI 15-06-2025
SOVEREIGN 9.60%
07.32% GOI 28-01-2024
SOVEREIGN 5.05%
Total
  24.66%
OTHERS
(a) Margin as Cash Margin
-0.33%
(b) Tri Party Repo Dealing System (TREPS)
11.60%
(c) Net Receivables/(Payables)
 
-4.90%
Net Assets
 
100.00%
Total number of holdings
 
78

➧ Indicates top ten instruments
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) 8,676.15 lakhs
Total percentage of existing assets hedged through futures is 41.60%

 

Exit Load (w.e.f. October 6, 2021): 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 10% within 1 month from the date of allotment – 0.50%. If units are redeemed or switched out on or after 1 month 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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