L&T EMERGING BUSINESSES FUND

Data as on June 30, 2021

 
 
 

L&T EMERGING BUSINESSES FUND

Data as on June 30, 2021

 
 

To generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies (small cap stocks). The Scheme could also additionally invest in Foreign Securities. There is no assurance that the investment objective of the scheme will be realized.




Date of Inception
Regular Plan May 12, 2014
Direct Plan May 12, 2014
Portfolio Turnover
0.1863 times
Fund Manager
Mr. Venugopal Manghat & Mr. Vihang Naik
(w.e.f. Dec 17, 2019)~
Benchmark
S&P BSE Small Cap TRI Index
Month end AUM
6,860.45 (Rs In Crs)
Monthly Average AUM
6,711.67(Rs In Crs)
Volatility Measures*
Standard Deviation 27.87%
R-Squared 0.97
Beta 0.92
Sharpe Ratio# 0.37
*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.
(Payout and Reinvestment)

Name Of Instrument Rating/Industry % to Net
Assets
Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Industrial Products
➧ Grindwell Norton Limited 3.14%
➧ Finolex Industries Limited 2.35%
Carborundum Universal Limited 1.71%
Polycab India Limited 1.64%
Orient Refractories Limited 1.51%
Finolex Cables Limited 1.51%
MM Forgings Limited 1.05%
KEI Industries Limited 0.94%
Supreme Industries Limited 0.67%
AIA Engineering Limited 0.67%
WIM Plast Limited 0.40%
IFGL Refractories Limited 0.22%
Software
➧ Persistent Systems Limited 3.64%
➧ Sonata Software Limited 2.55%
BIRLASOFT Limited 1.93%
Happiest Minds Technologies Limited 1.77%
Firstsource Solutions Limited 1.03%
Consumer Non Durables
➧ Balrampur Chini Mills Limited 3.62%
➧ Emami Limited 2.08%
EID Parry India Limited 1.91%
VST Industries Limited 0.87%
Akzo Nobel India Limited 0.46%
Consumer Durables
➧ Cera Sanitaryware Limited 2.19%
Greenply Industries Limited 1.60%
Amber Enterprises Limited 1.56%
Dixon Technologies (India) Limited 1.35%
Somany Ceramics Limited 1.30%
Kajaria Ceramics Limited 0.86%
Chemicals
➧ Supreme Petrochem Limited 2.11%
➧ Deepak Nitrite Limited 2.02%
Alkyl Amines Chemicals Limited 1.49%
Navin Fluorine International Limited 1.43%
Fine Organic Industries Limited 0.88%
Oriental Carbon & Chemicals Limited 0.29%
Textile Products
➧ K.P.R. Mill Limited 4.69%
Welspun India Limited 1.70%
Dollar Industries Limited 0.36%
Gokaldas Exports Limited 0.32%
Auto Ancillaries
Jamna Auto Industries Limited 1.21%
Tube Investment of India Limited 1.04%
Minda Industries Limited 0.85%
Sterling Tools Limited 0.63%
Sundram Fasteners Limited 0.61%
TVS Srichakra Limited 0.11%
Industrial Capital Goods
Isgec Heavy Engineering Limited 1.54%
Lakshmi Machine Works Limited 1.03%
Name Of Instrument Rating/Industry % to Net
Assets
GMM Pfaudler Limited 0.95%
Apar Industries Limited 0.87%
Ferrous Metals
Ratnamani Metals & Tubes Limited 1.90%
APL Apollo Tubes Limited 1.35%
Maharashtra Seamless Limited 0.65%
Shyam Metalics and Energy Limited 0.36%
Pharmaceuticals
Suven Pharmaceuticals Limited 1.58%
IPCA Laboratories Limited 1.44%
Laurus Labs Limited 0.69%
Procter & Gamble Health Limited 0.44%
Construction
Brigade Enterprises Limited 1.63%
Sunteck Realty Limited 1.23%
Sobha Limited 0.75%
PNC Infratech Limited 0.41%
Cement & Cement Products
JK Lakshmi Cement Limited 1.75%
The Ramco Cements Limited 1.62%
Construction Project
Techno Electric & Engineering Company Limited 1.30%
H.G Infra Engineering Limited 0.90%
NCC Limited 0.36%
Pesticides
Sharda Cropchem Limited 1.35%
Sumitomo Chemical India Limited 0.99%
Banks
City Union Bank Limited 1.70%
DCB Bank Limited 0.52%
Transportation
Gujarat Pipavav Port Limited 1.28%
Aegis Logistics Limited 0.70%
Auto
V.S.T Tillers Tractors Limited 0.83%
Escorts Limited 0.77%
Leisure Services
EIH Limited 1.01%
Easy Trip Planners Limited 0.40%
Retailing
Trent Limited 0.63%
V-Mart Retail Limited 0.62%
Paper
Emami Paper Limited 0.60%
Orient Paper & Industries Limited 0.39%
Healthcare Services
Krishna Institute of Medical Sciences Limited 0.45%
Textiles - Cotton
Nitin Spinners Limited 0.27%
Total 99.53%
OTHERS
(a) Tri Party Repo Dealing System (TREPS)0.84%
(b) Net Receivables/(Payables)-0.37%
Net Assets 100.00%
Total number of holdings 81
➧ Indicates top ten instruments

 


~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'

 

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