L&T HYBRID EQUITY FUND

Data as on June 30, 2021

 
 
 

L&T HYBRID EQUITY FUND

Data as on June 30, 2021

 
 

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
0.5841 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
5,386.75(Rs In Crs)
Monthly Average AUM
5,447.10 (Rs In Crs)
Volatility Measures*
Standard Deviation 16.64%
R-Squared 0.98
Beta 1.13
Sharpe Ratio# 0.41
*Source: ICRA MFIE
#Risk free rate assumed to be 3.11% (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/Industry % to Net
Assets
Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Banks
➧ ICICI Bank Limited 8.72%
➧ HDFC Bank Limited 5.85%
➧ State Bank of India 3.17%
Axis Bank Limited 0.69%
Kotak Mahindra Bank Limited 0.38%
Software
➧ Infosys Limited 4.65%
➧ HCL Technologies Limited 2.22%
Tata Consultancy Services Limited 1.60%
Oracle Financial Services Software Limited 1.35%
Pharmaceuticals
➧ Sun Pharmaceutical Industries Limited 2.34%
IPCA Laboratories Limited 1.89%
Divi's Laboratories Limited 1.15%
Gland Pharma Limited 0.71%
Cement & Cement Products
➧ The Ramco Cements Limited 2.68%
UltraTech Cement Limited 2.06%
Shree Cements Limited 0.96%
Consumer Non Durables
➧ Emami Limited 2.19%
Dabur India Limited 1.14%
Varun Beverages Limited 0.78%
Tata Consumer Products Limited 0.75%
Petroleum Products
➧ Reliance Industries Limited 3.59%
Construction Project
➧ Larsen & Toubro Limited 2.96%
Techno Electric & Engineering Company Limited 0.50%
Finance
Housing Development Finance Corporation Limited 1.59%
SBI Cards and Payment Services Limited 0.75%
Mahindra & Mahindra Financial Services Limited 0.60%
Textile Products
K.P.R. Mill Limited 1.87%
Page Industries Limited 0.64%
Dollar Industries Limited 0.18%
Ferrous Metals
Jindal Steel & Power Limited 1.37%
Tata Steel Limited 0.90%
Auto
Mahindra & Mahindra Limited 1.20%
Maruti Suzuki India Limited 0.65%
Pesticides
PI Industries Limited 1.20%
Sharda Cropchem Limited 0.51%
Retailing
Trent Limited 0.96%
Avenue Supermarts Limited 0.58%
Construction
Godrej Properties Limited 1.47%
Insurance
ICICI Lombard General Insurance Company Limited 0.84%
SBI Life Insurance Company Limited 0.39%
Industrial Products
Supreme Industries Limited 1.08%
Chemicals
Atul Limited 0.98%
Transportation
Container Corporation of India Limited 0.69%
Fertilisers
Chambal Fertilizers & Chemicals Limited 0.56%
Healthcare Services
Apollo Hospitals Enterprise Limited 0.49%
Gas
Mahanagar Gas Limited 0.47%
Industrial Capital Goods
Apar Industries Limited 0.39%
Consumer Durables
Somany Ceramics Limited 0.26%
Non - Ferrous Metals
Hindalco Industries Limited 0.11%
Telecom - Services
Bharti Airtel Limited 0.11%
Name Of Instrument Rating/Industry % to Net
Assets
Total 73.17%
MONEY MARKET INSTRUMENT
Certificate of Deposit/Commercial Paper
Export Import Bank of India CRISIL AAA 0.17%
Total 0.17%
Treasury Bill
182 DAYS T-BILL 30-DEC-21 SOVEREIGN 1.82%
Total 1.82%
DEBT INSTRUMENTS
Fixed Rates Bonds - Corporate
Listed / Awaiting listing on Stock Exchanges
State Bank Of India **Basel III Compliant AT 1 Bond # CRISIL AA+ 1.08%
National Bank for Agriculture & Rural Development CRISIL AAA 0.51%
Housing Development Finance Corporation Limited CRISIL AAA 0.49%
Power Finance Corporation Limited CRISIL AAA0.49%
Small Industries Development Bank of India 0.40%
State Bank Of India **Basel III Compliant AT 1 Bond #CARE AAA 0.24%
Sikka Ports & Terminals Limited (erstwhile Reliance Ports & Terminals Ltd) CRISIL AA+ 0.22%
HDFC Bank Limited CRISIL AAA0.21%
Export Import Bank of India CRISIL AAA 0.12%
National Bank for Agriculture & Rural Development CRISIL AAA 0.10%
Power Finance Corporation Limited **CRISIL AAA 0.07%
National Bank for Agriculture & Rural Development CRISIL AAA 0.05%
Power Finance Corporation Limited CRISIL AAA 0.05%
Sikka Ports & Terminals Limited (erstwhile Reliance Ports & Terminals Ltd) CRISIL AAA 0.04%
Small Industries Development Bank of India CRISIL AAA0.04%
Nuclear Power Corporation Of India Limited CARE AAA 0.03%
Power Grid Corporation of India Limited CRISIL AAA 0.01%
Total 4.15%
GOVERNMENT SECURITIES
Fixed Rates Bonds - Government
06.18% GOI 04-NOV-2024SOVEREIGN 2.51%
06.45% GOI 7-OCT-2029 SOVEREIGN2.28%
07.32% GOI 28-JAN-2024SOVEREIGN 2.22%
07.26% GOI 14-JAN-2029SOVEREIGN 2.02%
07.27% GOI 08-APR-2026 SOVEREIGN1.99%
05.15% GOI 09-NOV-2025 SOVEREIGN1.84%
07.17% GOI 08-JAN-2028 SOVEREIGN1.00%
08.89% TELANGANA SDL 16-OCT-2024SOVEREIGN 0.62%
08.88% ANDHRA SDL 16-OCT-2024 SOVEREIGN0.52%
5.60% MAHARSHTRA SDL 09-SEP-2024SOVEREIGN 0.48%
05.79% GOI 11-MAY-2030SOVEREIGN 0.45%
6.70% TAMILNADU SDL - 16-OCT-2024 SOVEREIGN0.29%
8.87% HIMACHAL SDL - 16-OCT-2024SOVEREIGN 0.21%
06.79% GOI 15-MAY-2027 SOVEREIGN0.19%
8.72% KERALA SDL 29-OCT-2024 SOVEREIGN0.11%
07.68% GOI 15-DEC-2023SOVEREIGN 0.01%
Total 16.74%
(c) Tri Party Repo Dealing System (TREPS)5.75%
(d) Net Receivables/(Payables)-1.80%
Net Assets 100.00%
Total number of holdings   50
➧ Indicates top ten instruments
All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND ,BWR.

#The YTC of the security as per guidelines issued by SEBI Circular No SEBI/HO/IMD/DF4/CIR/P/2021/032 dated March 10,2021 read with Clarification issued by SEBI vide circular no SEBI/HO/IMD/DF4/CIR/P/2021/034 dated March 22, 2021 and AMFI Best Practices Guidelines Circular No. 91/ 2020 - 21.

 


~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'
The Fund was co-managed by Mr. Vihang Naik till July 1, 2021.

 

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