L&T ARBITRAGE OPPORTUNITIES FUND

Data as on June 30, 2021

 
 
 

L&T ARBITRAGE OPPORTUNITIES FUND

Data as on June 30, 2021

 
 

To seek to generate reasonable returns by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments. There is no assurance that the investment objective of the scheme will be realized.




Date of Inception
Regular Plan June 30, 2014
Direct Plan June 30, 2014
Portfolio Turnover
15.3141 times
Fund Manager
Mr. Venugopal Manghat (w.e.f June 30, 2014) & Mr. Praveen Ayathan (w.e.f June 30, 2014) for equity portion, Mr. Jalpan Shah (w.e.f January 24, 2019) for Debt Portion~
Benchmark
Nifty 50 Arbitrage Index
Month end AUM
5,043.64(Rs In Crs)
Monthly Average AUM
4,787.74 (Rs In Crs)
Options
•Growth
•IDCW Option
1. Monthly IDCW (Payout and Re-investment)
2. Quarterly IDCW (Payout and Re-investment)

Name Of Instrument
% to Net Assets
% to Net
Assets
(hedged)

 

Equity & Equity related
Listed/Awaiting listing on Stock Exchange
Banks
➧ State Bank of India
2.80%
2.80%
➧ Kotak Mahindra Bank Limited
1.98%
1.98%
ICICI Bank Limited
1.81%
1.81%
Bank of Baroda
1.08%
1.08%
Punjab National Bank
0.73%
0.73%
Axis Bank Limited
0.53%
0.53%
Canara Bank
0.36%
0.36%
Bandhan Bank Limited
0.31%
0.31%
The Federal Bank Limited
0.31%
0.31%
IDFC First Bank Limited
0.20%
0.20%
City Union Bank Limited
0.18%
0.18%
RBL Bank Limited
0.17%
0.17%
AU Small Finance Bank Limited
^
^
IndusInd Bank Limited
^
^
Petroleum Products
   
➧ Reliance Industries Limited
5.57% 5.57%
➧ Bharat Petroleum Corporation Limited
1.99% 1.99%
Indian Oil Corporation Limited
0.41% 0.41%
Hindustan Petroleum Corporation Limited
 ^  ^
Ferrous Metals
   
➧ Tata Steel Limited
4.52% 4.52%
Steel Authority of India Limited
1.03% 1.03%
Jindal Steel & Power Limited
0.95% 0.95%
JSW Steel Limited
0.74% 0.74%
Pharmaceuticals
   
Cadila Healthcare Limited
1.26% 1.26%
Sun Pharmaceutical Industries Limited
1.04% 1.04%
Divi's Laboratories Limited
0.91% 0.91%
Dr. Reddy's Laboratories Limited
0.65% 0.65%
Alkem Laboratories Limited
0.63% 0.63%
Glenmark Pharmaceuticals Limited
0.49% 0.49%
Aurobindo Pharma Limited
0.40% 0.40%
Granules India Limited
0.35% 0.35%
Alembic Pharmaceuticals Limited
0.28% 0.28%
Lupin Limited
0.27% 0.27%
Pfizer Limited
0.22% 0.22%
Biocon Limited
0.16% 0.16%
Torrent Pharmaceuticals Limited
0.06% 0.06%
Telecom - Services
   
➧ Bharti Airtel Limited
4.61% 4.61%
Indus Towers Limited
0.07% 0.07%
Consumer Non Durables
   
➧ ITC Limited
3.07% 3.07%
United Spirits Limited
0.41% 0.41%
Colgate Palmolive (India) Limited
0.38% 0.38%
Berger Paints India Limited
0.32% 0.32%
Godrej Consumer Products Limited
0.20% 0.20%
Hindustan Unilever Limited
0.17% 0.17%
United Breweries Limited
0.02% 0.02%
Asian Paints Limited
0.02% 0.02%
Marico Limited
 ^  ^
Britannia Industries Limited
 ^  ^
Finance
   
➧ Housing Development Finance Corporation Limited
2.72% 2.72%
Manappuram Finance Limited
0.54% 0.54%
Cholamandalam Investment and Finance Company Limited
0.39% 0.39%
Mahindra & Mahindra Financial Services Limited
0.31% 0.31%
Shriram Transport Finance Company Limited
0.23% 0.23%
Piramal Enterprises Limited
0.10% 0.10%
Muthoot Finance Limited
0.08% 0.08%
Rec Limited
0.04% 0.04%
Bajaj Finance Limited
0.04% 0.04%
Power Finance Corporation Limited
0.04% 0.04%
Indiabulls Housing Finance Limited
 ^  ^
Transportation
   
➧ Adani Ports and Special Economic Zone Limited
3.60% 3.60%
Container Corporation of India Limited
0.09% 0.09%
Non - Ferrous Metals
   
➧ Vedanta Limited
2.78% 2.78%
National Aluminium Company Limited
0.48% 0.48%
Hindalco Industries Limited
0.11% 0.11%
Software
   
Tech Mahindra Limited
0.93% 0.93%
Infosys Limited
0.88% 0.88%
HCL Technologies Limited
0.43% 0.43%
L&T Technology Services Limited
0.13% 0.13%
MindTree Limited
0.05% 0.05%
Tata Consultancy Services Limited
0.02% 0.02%
Larsen & Toubro Infotech Limited
0.01% 0.01%
Wipro Limited
0.01% 0.01%
Power
   
Tata Power Company Limited
1.37% 1.37%
Torrent Power Limited
0.03% 0.03%
NTPC Limited
 ^  ^
Pesticides
   
UPL Limited
1.26% 1.26%
Entertainment
   
Zee Entertainment Enterprises Limited
0.81% 0.81%
Sun TV Network Limited
0.29% 0.29%
Insurance
   
Max Financial Services Limited
0.43% 0.43%
Bajaj Finserv Limited
0.23% 0.23%
HDFC Life Insurance Company Limited
0.17% 0.17%
Gas
   
Mahanagar Gas Limited
0.38% 0.38%
Indraprastha Gas Limited
0.25% 0.25%
Petronet LNG Limited
0.07% 0.07%
GAIL India Limited
0.05% 0.05%
Auto Ancillaries
   
Amara Raja Batteries Limited
0.28% 0.28%
Balkrishna Industries Limited
0.18% 0.18%
Exide Industries Limited
0.18% 0.18%
MRF Limited
0.07% 0.07%
Bosch Limited
0.01% 0.01%
Apollo Tyres Limited
0.01% 0.01%
Motherson Sumi Systems Limited
0.01% 0.01%
Cement & Cement Products
   
UltraTech Cement Limited
0.36% 0.36%
The Ramco Cements Limited
0.18% 0.18%
ACC Limited
0.12% 0.12%
Name Of Instrument
% to Net
Assets
% to Net
Assets
(hedged)

 

Grasim Industries Limited
0.02% 0.02%
Industrial Capital Goods
   
Bharat Heavy Electricals Limited
0.59% 0.59%
Siemens Limited
0.08% 0.08%
Consumer Durables
   
Havells India Limited
0.29% 0.29%
Bata India Limited
0.28% 0.28%
Titan Company Limited
0.09% 0.09%
Chemicals
   
Deepak Nitrite Limited
0.29% 0.29%
Tata Chemicals Limited
0.18% 0.18%
SRF Limited
0.01% 0.01%
Minerals/Mining
   
NMDC Limited
0.43% 0.43%
Healthcare Services
   
Apollo Hospitals Enterprise Limited
0.39% 0.39%
Metropolis Healthcare Limited
0.02% 0.02%
Retailing
   
Info Edge (India) Limited
0.39% 0.39%
Trent Limited
0.01% 0.01%
Aditya Birla Fashion and Retail Limited
0.01% 0.01%
Construction Project
   
Larsen & Toubro Limited
0.40% 0.40%
GMR Infrastructure Limited
 ^  ^
Auto
   
Hero MotoCorp Limited
0.16% 0.16%
Bajaj Auto Limited
0.11% 0.11%
Mahindra & Mahindra Limited
0.04% 0.04%
Escorts Limited
0.02% 0.02%
Ashok Leyland Limited
 ^  ^
Industrial Products
   
Cummins India Limited
0.20% 0.20%
Bharat Forge Limited
0.11% 0.11%
Textile Products
   
Page Industries Limited
0.15% 0.15%
Construction
   
DLF Limited
0.09% 0.09%
Godrej Properties Limited
0.01% 0.01%
Oil
   
Oil & Natural Gas Corporation Limited
0.10% 0.10%
Capital Markets
   
HDFC Asset Management Company Limited
0.08% 0.08%
Aerospace & Defense
   
Bharat Electronics Limited
0.07% 0.07%
Fertilisers
   
Coromandel International Limited
0.05% 0.05%
Leisure Services
   
The Indian Hotels Company Limited
0.04% 0.04%
Jubilant Foodworks Limited
 ^  ^
Total
67.12%
67.12%
MONEY MARKET INSTRUMENT
 
 
Certificate of Deposit/Commercial Paper
 
 
National Bank for Agriculture & Rural Development 
ICRA A1+ 0.98%
National Bank for Agriculture & Rural Development
IND A1+ 0.97%
Axis Bank Limited
CRISIL A1+ 0.49%
Housing Development Finance Corporation Limited 
ICRA A1+ 0.49%
Axis Bank Limited
CRISIL A1+ 0.48%
Small Industries Development Bank of India
CARE A1+ 0.48%
Total
 
3.89%
CENTRAL GOVERNMENT SECURITIES
 
 
08.20% GOI 15-FEB-2022
SOVEREIGN 0.52%
06.84% GOI 19-DEC-2022
SOVEREIGN 0.10%
Total
 
0.62%
Treasury Bill
 
 
364 DAYS T-BILL 24-MAR-22
SOVEREIGN 3.38%
182 DAYS T-BILL 18-NOV-21
SOVEREIGN 2.93%
364 DAYS T-BILL 06-JAN-22
SOVEREIGN 2.92%
364 DAYS T-BILL 10-FEB-22
SOVEREIGN 2.42%
364 DAYS T-BILL 30-DEC-21
SOVEREIGN 1.95%
364 DAYS T-BILL 03-FEB-2022
SOVEREIGN 1.94%
364 DAYS T-BILL 30-MAR-22
SOVEREIGN 1.93%
364 DAYS T-BILL 12-AUG-2021
SOVEREIGN 0.99%
182 DAYS T-BILL 25-NOV-21
SOVEREIGN 0.98%
364 DAYS T-BILL 09-SEP-2021
SOVEREIGN 0.89%
182 DAYS T-BILL 14-OCT-21
SOVEREIGN 0.49%
182 DAYS T-BILL 21-OCT-21
SOVEREIGN 0.49%
364 DAYS T-BILL 20-JAN-22
SOVEREIGN 0.49%
364 DAYS T-BILL 03-MAR-22
SOVEREIGN 0.48%
364 DAYS T-BILL 11-MAR-22
SOVEREIGN 0.48%
364 DAYS T-BILL 13-JAN-2022
SOVEREIGN 0.39%
Total
 
23.15%
Investment Funds/Mutual Funds
 
 
L&T Liquid Fund - Direct Plan - Growth
Unrated 0.40%
Total
 
0.40%
OTHERS
 
 
Deposits (placed as margins)
(a) Fixed Deposits
 
 
HDFC Bank Limited
  0.72%
Federal Bank Limited
  0.10%
Total
 
0.82%
(b) Margin as Cash Margin
0.25%
(c) Tri Party Repo Dealing System (TREPS)
3.76%
(d) Net Receivables/(Payables)
-0.01%
Net Assets
 
100.00%
Total number of holdings 127

➧ Indicates top ten instruments
^ Indicates less than 0.01%
All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND,BWR.
Total outstanding position (as at June, 2021) in Derivative Instruments (Gross Notional)339,701.78 lakhs
Total percentage of existing assets hedged through futures is 67.12%

 

~For investments in foreign securities - Mr. Sonal Gupta (w.e.f July 5, 2021)
Exit Load: For redemption on or before 1 month from the date of allotment or Purchase applying First in First out basis - 0.50% of Applicable NAV. After 1 month from the date of allotment or Purchase applying First in First out basis 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'

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