L&T NIFTY NEXT 50 INDEX FUND

Data as on June 30, 2021

 
 
 

L&T NIFTY NEXT 50 INDEX FUND

Data as on June 30, 2021

 
 

The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty Next 50 index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty Next 50 index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/ loss plus dividend payments by the constituent stocks. There is no assurance that the investment objective of the scheme will be realized.




Date of Inception
Regular Plan April 15, 2020
Direct Plan April 15, 2020
Portfolio Turnover
0.8954 times
Fund Manager
Mr. Praveen Ayathan (w.e.f. Apr 15, 2020)
Benchmark
Nifty Next 50 Index TRI
Month end AUM
30.67(Rs In Crs)
Monthly Average AUM
30.15(Rs In Crs)
Tracking Error
0.30%
Annualized Tracking error and computation based on Nifty Next 50 TRI
Options
Growth and IDCW.
The IDCW option offers IDCW Payout and IDCW Reinvestment facilities.

Name Of Instrument Rating/Industry % to Net
Assets
Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Consumer Non Durables
➧ Dabur India Limited 3.05%
➧ Godrej Consumer Products Limited 3.03%
Marico Limited 2.52%
Colgate Palmolive (India) Limited 2.07%
United Spirits Limited 1.81%
Berger Paints India Limited 1.80%
United Breweries Limited 0.95%
Procter & Gamble Hygiene and Health Care Limited 0.82%
Pharmaceuticals
Lupin Limited 2.54%
Aurobindo Pharma Limited 2.50%
Biocon Limited 1.70%
Cadila Healthcare Limited 1.52%
Torrent Pharmaceuticals Limited 1.31%
Alkem Laboratories Limited 1.30%
Gland Pharma Limited 1.11%
Abbott India Limited 0.59%
Retailing
➧ Info Edge (India) Limited 3.49%
➧ Avenue Supermarts Limited 3.28%
Finance
Piramal Enterprises Limited 2.54%
Muthoot Finance Limited 1.48%
SBI Cards and Payment Services Limited 1.44%
Bajaj Holdings & Investment Limited 1.19%
Gas
GAIL India Limited 2.45%
Indraprastha Gas Limited 1.80%
Petronet LNG Limited 1.56%
Minerals/Mining
➧ Adani Enterprises Limited 3.81%
NMDC Limited 1.59%
Insurance
➧ ICICI Lombard General Insurance Company Limited 3.15%
ICICI Prudential Life Insurance Company Limited 2.19%
Power
➧ Adani Green Energy Limited 3.24%
Adani Transmission Limited 1.92%
Name Of Instrument Rating/Industry % to Net
Assets
Banks
Bandhan Bank Limited 2.06%
Punjab National Bank 1.16%
Yes Bank Limited 1.14%
Cement & Cement Products
Ambuja Cements Limited 2.30%
ACC Limited 1.57%
Healthcare Services
➧ Apollo Hospitals Enterprise Limited 3.35%
Non - Ferrous Metals
➧ Vedanta Limited 3.06%
Chemicals
➧ Pidilite Industries Limited 3.02%
Auto Ancillaries
MRF Limited 1.51%
Bosch Limited 1.18%
Consumer Durables
Havells India Limited 2.26%
Leisure Services
Jubilant Foodworks Limited 2.17%
Telecom - Services
Indus Towers Limited 1.78%
Petroleum Products
Hindustan Petroleum Corporation Limited 1.72%
Software
Larsen & Toubro Infotech Limited 1.70%
Industrial Capital Goods
Siemens Limited 1.66%
Construction
DLF Limited 1.60%
Transportation
InterGlobe Aviation Limited 1.52%
Capital Markets
HDFC Asset Management Company Limited 1.49%
Total 100.00%
OTHERS
(a) Tri Party Repo Dealing System (TREPS)0.80%
(b) Net Receivables/(Payables)-0.80%
Net Assets 100.00%
Total number of holdings 50
➧ Indicates top ten instruments

 


Exit Load: If the units redeemed or switched out are up to 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 the limit within 1 month from the date of allotment – 1%. If units redeemed or switched out on or after 1 month 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'

 

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