L&T EQUITY SAVINGS FUND

Data as on January 31, 2022

 
 
 

L&T EQUITY SAVINGS FUND

Data as on January 31, 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
6.6057 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
211.66 (Rs In Crs)
Monthly Average AUM
210.97 (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
2.97% 1.23% 1.74%
Axis Bank Limited
0.73%  -  0.73%
State Bank of India
0.46% 0.08% 0.38%
Kotak Mahindra Bank Limited
6.60% 6.60%  - 
Canara Bank
2.32% 2.32%  - 
IndusInd Bank Limited
1.22% 1.22%  - 
Bandhan Bank Limited
0.97% 0.97%  - 
RBL Bank Limited
0.02% 0.02%  - 
Finance
     
➧ Cholamandalam Investment and Finance Company Limited
1.04%  -  1.04%
➧ Bajaj Finance Limited
0.91%  -  0.91%
Housing Development Finance Corporation Limited
2.20% 1.97% 0.23%
Indiabulls Housing Finance Limited
2.47% 2.47%  - 
Piramal Enterprises Limited
0.96% 0.96%  - 
SBI Cards and Payment Services Limited
0.44% 0.44%  - 
Can Fin Homes Limited
0.43% 0.43%  - 
Software
     
➧ Infosys Limited
0.74%  -  0.74%
Larsen & Toubro Infotech Limited
0.68% 0.09% 0.59%
MindTree Limited
0.57% 0.00% 0.57%
Persistent Systems Limited
0.69% 0.16% 0.53%
eClerx Services Limited
0.31% 0.00% 0.31%
Tata Consultancy Services Limited
2.09% 1.85% 0.24%
Coforge Limited
0.21% 0.00% 0.21%
HCL Technologies Limited
1.24% 1.24%  - 
Oracle Financial Services Software Limited
1.08% 1.08%  - 
BIRLASOFT Limited
0.82% 0.82%  - 
Non - Ferrous Metals
     
National Aluminium Company Limited
4.33% 4.33%  - 
Vedanta Limited
0.85% 0.85%  - 
Pharmaceuticals
     
Sun Pharmaceutical Industries Limited
0.28%  -  0.28%
Gland Pharma Limited
0.24%  -  0.24%
Divi's Laboratories Limited
0.21%  -  0.21%
Cadila Healthcare Limited
2.28% 2.28%  - 
Laurus Labs Limited
0.88% 0.88%  - 
Strides Pharma Science Limited
0.45% 0.45%  - 
Biocon Limited
0.12% 0.12%  - 
Dr. Reddy's Laboratories Limited
0.08% 0.08%  - 
Abbott India Limited
0.08% 0.08%  - 
Pfizer Limited
0.03% 0.03%  - 
Alkem Laboratories Limited
0.03% 0.03%  - 
Auto
     
➧ Tata Motors Limited
1.57% 0.35% 1.22%
Mahindra & Mahindra Limited
1.46% 1.46%  - 
Hero MotoCorp Limited
0.85% 0.85%  - 
Bajaj Auto Limited
0.76% 0.76%  - 
Cement & Cement Products
     
➧ UltraTech Cement Limited
1.02%  -  1.02%
Dalmia Bharat Limited
0.25%  -  0.25%
The India Cements Limited
2.41% 2.41%  - 
Grasim Industries Limited
0.08% 0.08%  - 
Consumer Non Durables
     
Tata Consumer Products Limited
0.18%  -  0.18%
Hindustan Unilever Limited
1.74% 1.74%  - 
ITC Limited
0.50% 0.50%  - 
Marico Limited
0.14% 0.14%  - 
Chemicals
     
➧ SRF Limited
1.14%  -  1.14%
Clean Science and Technology Limited
0.32%  -  0.32%
Navin Fluorine International Limited
0.28%  -  0.28%
Deepak Nitrite Limited
0.69% 0.69%  - 
Gas
     
Indraprastha Gas Limited
1.38% 1.38%  - 
Mahanagar Gas Limited
0.86% 0.86%  - 
Petroleum Products
     
➧ Reliance Industries Limited
1.69%  -  1.69%
Hindustan Petroleum Corporation Limited
0.04% 0.04%  - 
Leisure Services
     
➧ Indian Hotels Company Limited
1.26%  -  1.26%
Delta Corp Limited
0.30% 0.30%  - 
Jubilant Foodworks Limited
0.04% 0.04%  - 
Healthcare Services
     
➧ Apollo Hospitals Enterprise Limited
0.82% 0.08% 0.74%
Max Healthcare Institute Limited
0.35%  -  0.35%
Name Of Instrument
% to Net
Assets
% to Net
Assets
(hedged)
% to Net
Assets
(unhedged)

 

Ferrous Metals
     
Steel Authority of India Limited
0.62% 0.62%  - 
JSW Steel Limited
0.44% 0.44%  - 
Jindal Steel & Power Limited
0.05% 0.05%  - 
Tata Steel Limited
0.04% 0.04%  - 
Entertainment
     
Zee Entertainment Enterprises Limited
1.05% 0.37% 0.68%
Auto Ancillaries
     
Minda Industries Limited
0.43%  -  0.43%
Sona BLW Precision Forgings Limited
0.30%  -  0.30%
Rolex Rings Limited
0.22%  -  0.22%
Construction
     
Sobha Limited
0.56%  -  0.56%
Phoenix Mills Limited
0.28%  -  0.28%
Consumer Durables
     
Titan Company Limited
0.56%  -  0.56%
Whirlpool of India Limited
0.15% 0.15%  - 
Retailing
     
Avenue Supermarts Limited
0.49%  -  0.49%
Power
     
Tata Power Company Limited
0.46%  -  0.46%
Industrial Products
     
Astral Limited
0.31% 0.31%  - 
Bharat Forge Limited
0.13% 0.13%  - 
Textile Products
     
Page Industries Limited
0.35%  -  0.35%
Capital Markets
     
UTI Asset Management Company Limited
0.12%  -  0.12%
Telecom - Services
     
Bharti Airtel Limited
0.03% 0.03%  - 
Total
68.75% 46.90% 21.85%
Name Of Instrument Rating % to Net Assets
PREFERENCE SHARES
Listed / Awaiting listing on Stock Exchanges
Entertainment
Zee Entertainment Enterprises Limited
 
-
Total
 
-
BONDS & NCDs
 
 
Listed / awaiting listing on the stock exchanges
 
 
Amba River Coke Limited (Subsidiary of JSW Steel Ltd)
CARE AA
0.97%
Total
 
0.97%
Zero Coupon Bonds - Corporate
 
 
Listed / awaiting listing on the stock exchanges
 
 
Aditya Birla Housing Finance Limited
ICRA AAA
0.44%
Total
 
0.44%
Central Government Securities
 
 
06.18% GOI 04-NOV-2024 SOVEREIGN 9.80%
05.22% GOI 15-JUN-2025 SOVEREIGN 9.40%
07.32% GOI 28-JAN-2024 SOVEREIGN 4.93%
Total   24.13%
OTHERS
(a) Margin as Cash Margin
-0.23%
(b) Tri Party Repo Dealing System (TREPS)
10.27%
(c) Net Receivables/(Payables)
 
-4.33%
Net Assets
 
100.00%
Total number of holdings
 
83

➧ Indicates top ten instruments
All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND, BWR.
Total outstanding position (as at Jan, 2022) in Derivative Instruments (Gross Notional) 9,934.54 lakhs
Total percentage of existing assets hedged through futures is 46.90%

 

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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