L&T HYBRID EQUITY FUND

Data as on January 31, 2022

 
 
 

L&T HYBRID EQUITY FUND

Data as on January 31, 2022

 
 

To seek to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments. There is no assurance that the investment objective of the scheme will be realized.




Date of Inception
Regular Plan February 07, 2011
Direct Plan January 01, 2013
Portfolio Turnover
0.6326 times
Fund Manager
Ms. Cheenu Gupta (w.e.f. July 02, 2021) & Mr. Venugopal Manghat (w.e.f. Dec 17, 2019) (for investments in equity and equity related instruments), Mr. Shriram Ramanathan (w.e.f. May 30, 2016) (investments in debt and debt related instruments)~
Benchmark
CRISIL Hybrid 35+65 - Aggressive Index
Month end AUM
5,155.43 (Rs In Crs)
Monthly Average AUM
5,317.76 (Rs In Crs)
Volatility Measures*
Standard Deviation 16.07%
R-Squared 0.95
Beta 1.12
Sharpe Ratio# 0.67
*Source: ICRA MFIE
#Risk free rate assumed to be 3.40% (based on 3-months Mibor NSE rate during last 3 months)
Options
➧ Growth and IDCW.
➧ IDCW Option (Reinvestment and Payout)
➧ Annual IDCW Option (Reinvestment and Payout)

Name Of Instrument Rating % to Net
Assets
Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Banks
➧ ICICI Bank Limited 6.18%
➧ State Bank of India 3.34%
➧ HDFC Bank Limited 2.52%
Kotak Mahindra Bank Limited 1.85%
Software
➧ Infosys Limited 5.34%
Tata Consultancy Services Limited 1.87%
Coforge Limited 1.41%
MindTree Limited 0.96%
BIRLASOFT Limited 0.84%
Persistent Systems Limited 0.81%
L&T Technology Services Limited 0.70%
Textile Products
➧ K.P.R. Mill Limited 4.31%
Page Industries Limited 0.95%
Auto Ancillaries
➧ Sona BLW Precision Forgings Limited 2.72%
Minda Industries Limited 2.12%
Motherson Sumi Wiring India Limited @ 0.40%
Petroleum Products
➧ Reliance Industries Limited 3.79%
Cement & Cement Products
➧ UltraTech Cement Limited 2.29%
The Ramco Cements Limited 1.47%
Consumer Non Durables
Asian Paints Limited 1.51%
Tata Consumer Products Limited 0.75%
Varun Beverages Limited 0.70%
Auto
➧ Tata Motors Limited 2.73%
Leisure Services
➧ Indian Hotels Company Limited 2.37%
Healthcare Services
Apollo Hospitals Enterprise Limited 1.29%
Max Healthcare Institute Limited 1.02%
Finance
Bajaj Finance Limited 1.79%
Housing Development Finance Corporation Limited 0.50%
Pharmaceuticals
Divi's Laboratories Limited 1.56%
Sun Pharmaceutical Industries Limited 0.43%
Gland Pharma Limited 0.20%
Chemicals
Atul Limited 1.09%
SRF Limited 0.83%
Consumer Durables
Titan Company Limited 1.41%
Somany Ceramics Limited 0.37%
Industrial Capital Goods
Honeywell Automation India Limited 1.55%
Insurance
Bajaj Finserv Limited 1.03%
SBI Life Insurance Company Limited 0.27%
Retailing
Avenue Supermarts Limited 0.75%
Go Fashion (India) Limited 0.41%
Industrial Products
Supreme Industries Limited 1.09%
Power
Tata Power Company Limited 0.95%
Construction
Godrej Properties Limited 0.80%
Entertainment
Zee Entertainment Enterprises Limited 0.76%
Pesticides
PI Industries Limited 0.46%
Capital Markets
UTI Asset Management Company Limited 0.22%
Name Of Instrument Rating % to Net
Assets
HDFC Asset Management Company Limited 0.10%
70.81%
MONEY MARKET INSTRUMENT
Certificate of Deposit/Commercial Paper
Reliance Industries Limited CRISIL A1+0.19%
Export Import Bank of India CRISIL AAA0.18%
Total 0.37%
DEBT INSTRUMENTS
Fixed Rates Bonds - Corporate
Listed / Awaiting listing on Stock Exchanges
Jamnagar Utilities and Power Pvt Limited CRISIL AAA1.94%
Power Finance Corporation Limited CRISIL AAA1.01%
Housing Development Finance Corporation Limited CRISIL AAA 0.79%
Housing Development Finance Corporation Limited CRISIL AAA0.52%
Power Finance Corporation Limited CRISIL AAA 0.52%
Export Import Bank of India CRISIL AAA0.51%
LIC Housing Finance Limited CRISIL AAA0.51%
Power Finance Corporation Limited CRISIL AAA 0.51%
National Bank for Agriculture & Rural Development CRISIL AAA0.50%
Housing Development Finance Corporation Limited CRISIL AAA0.31%
Rec Limited CRISIL AAA 0.30%
National Bank for Agriculture & Rural Development ICRA AAA0.30%
Sikka Ports & Terminals Limited (erstwhile Reliance Ports & Terminals Ltd) CRISIL AAA 0.23%
HDFC Bank Limited CRISIL AAA0.21%
National Bank for Agriculture & Rural Development ICRA AAA 0.20%
Export Import Bank of India CRISIL AAA 0.12%
National Bank for Agriculture & Rural Development CRISIL AAA0.11%
Power Finance Corporation Limited CRISIL AAA 0.07%
Nuclear Power Corporation Of India Limited CRISIL AAA0.03%
Power Grid Corporation of India Limited CRISIL AAA 0.01%
Total 8.70%
GOVERNMENT SECURITIES
Fixed Rates Bonds - Government
06.18% GOI 04-11-2024 SOVEREIGN 2.62%
07.32% GOI 28-01-2024 SOVEREIGN 2.23%
07.27% GOI 08-04-2026 SOVEREIGN 2.08%
04.26% GOI 17-05-2023 SOVEREIGN 1.94%
05.22% GOI 15-06-2025 SOVEREIGN 1.93%
05.15% GOI 09-11-2025 SOVEREIGN 1.92%
07.17% GOI 08-01-2028 SOVEREIGN 0.51%
05.79% GOI 11-05-2030 SOVEREIGN 0.47%
6.70% TAMILNADU SDL 16-10-2024 SOVEREIGN 0.31%
07.26% GOI 14-01-2029 SOVEREIGN 0.20%
06.79% GOI 15-05-2027 SOVEREIGN 0.20%
5.60% MAHARSHTRA SDL 09-09-2024 SOVEREIGN 0.10%
07.68% GOI 15-12-2023 SOVEREIGN 0.01%
Total 14.52%
(c) Tri Party Repo Dealing System (TREPS)4.76%
(d) Net Receivables/(Payables)0.84%
Net Assets 100.00%
Total number of holdings   47
➧ Indicates top ten instruments
@ Awaited Listing
All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND ,BWR.

 


~For investments in foreign securities - Mr. Sonal Gupta (w.e.f July 5, 2021)
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 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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