L&T EQUITY SAVINGS FUND

Data as on June 30, 2021

 
 
 

L&T EQUITY SAVINGS FUND

Data as on June 30, 2021

 
 

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
3.8324 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
70.39 (Rs In Crs)
Monthly Average AUM
69.49 (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
Asset
(hedged)
% to Net
Assets
(unhedged)

 

EQUITY & EQUITY RELATED
Listed/Awaiting Listing on the Stock Exchanges
Banks
➧ State Bank of India
3.86%  -   3.86%
➧ HDFC Bank Limited
2.49%  -   2.49%
➧ ICICI Bank Limited
7.32% 5.42% 1.90%
Finance
➧ Housing Development Finance Corporation Limited
5.42% 4.64% 0.78%
Cholamandalam Financial Holdings Limited
0.71%  -   0.71%
Cholamandalam Investment and Finance Company Limited
0.56%  -   0.56%
SBI Cards and Payment Services Limited
0.49%  -   0.49%
Power Finance Corporation Limited
0.45% 0.45%  -  
Auto
     
V.S.T Tillers Tractors Limited
1.41%  -   1.41%
Maruti Suzuki India Limited
1.05%  -   1.05%
➧ Escorts Limited
2.57% 2.57%  -  
➧ Bajaj Auto Limited
2.35% 2.35%  -  
Software
     
➧ Infosys Limited
3.52%  -   3.52%
HCL Technologies Limited
1.29%  -   1.29%
Persistent Systems Limited
1.08%  -   1.08%
Tata Consultancy Services Limited
0.64%  -   0.64%
Oracle Financial Services Software Limited
0.32%  -   0.32%
Ferrous Metals
     
Tata Steel Limited
1.13%  -   1.13%
Jindal Steel & Power Limited
0.69%  -   0.69%
➧ Steel Authority of India Limited
1.76% 1.76%  -  
JSW Steel Limited
1.44% 1.44%  -  
Consumer Non Durables
     
Emami Limited
1.07%  -   1.07%
ITC Limited
0.84%  -   0.84%
Tata Consumer Products Limited
0.55%  -   0.55%
Hindustan Unilever Limited
0.45%  -   0.45%
Avanti Feeds Limited
0.24%  -   0.24%
Pharmaceuticals
     
Sun Pharmaceutical Industries Limited
1.20%  -   1.20%
Cipla Limited
0.62%  -   0.62%
IPCA Laboratories Limited
0.58%  -   0.58%
Divi's Laboratories Limited
0.38%  -   0.38%
Dr. Reddy's Laboratories Limited
0.29%  -   0.29%
Construction
     
Oberoi Realty Limited
1.18%  -   1.18%
Ahluwalia Contracts India Limited
0.94%  -   0.94%
Prestige Estates Projects Limited
0.77%  -   0.77%
Chemicals
     
Navin Fluorine International Limited
0.80%  -   0.80%
➧ Pidilite Industries Limited
1.99% 1.99%  -  
Cement & Cement Products
     
Name Of Instrument % to Net
Assets
% to Net
Assets
(hedged)
% to Net
Assets
(unhedged)

 

Ambuja Cements Limited
1.13%  -   1.13%
Shree Cements Limited
0.66%  -   0.66%
The Ramco Cements Limited
0.48%  -   0.48%
JK Lakshmi Cement Limited
0.30%  -   0.30%
Petroleum Products
     
Reliance Industries Limited
1.62%  -   1.62%
Bharat Petroleum Corporation Limited
0.72% 0.72%  -  
Construction Project
     
Larsen & Toubro Limited
1.38%  -   1.38%
Engineers India Limited
0.61%  -   0.61%
Power
     
➧ Tata Power Company Limited
1.64% 1.64%  -  
Industrial Capital Goods
     
BEML Limited
0.57%  -   0.57%
Indian Hume Pipe Company Limited
0.46%  -   0.46%
Aerospace & Defense
     
Bharat Electronics Limited
0.91%  -   0.91%
Leisure Services
     
The Indian Hotels Company Limited
0.87%  -   0.87%
Industrial Products
     
Finolex Cables Limited
0.79%  -   0.79%
Telecom - Services
     
Bharti Airtel Limited
0.78%  -   0.78%
Paper
     
Tamil Nadu Newsprint & Papers Limited
0.51%  -   0.51%
Textile Products
     
Page Industries Limited
0.48%  -   0.48%
Transportation
     
Container Corporation of India Limited
0.30%  -   0.30%
Gas
     
GAIL India Limited
0.24%  -   0.24%
Total
66.90% 22.98% 43.92%
Name Of Instrument Rating/Industry % to Net Assets
PREFERENCE SHARES
Listed / Awaiting listing on Stock Exchanges
Entertainment
Zee Entertainment Enterprises Limited
 
0.01%
Total
 
0.01%
BONDS & NCDs
 
 
Listed / awaiting listing on the stock exchanges
 
 
Amba River Coke Limited (Subsidiary of JSW Steel Ltd) 
CARE AA-
2.80%
Total
 
2.80%
Zero Coupon Bonds - Corporate
 
 
Listed / awaiting listing on the stock exchanges
 
 
Aditya Birla Housing Finance Limited
ICRA AAA
1.29%
Total
 
1.29%
Central Government Securities
 
 
07.32% GOI 28-JAN-2024
SOVEREIGN
7.73%
05.22% GOI 15-JUN-2025
SOVEREIGN
7.01%
Total  
14.74%
OTHERS    
Investment Funds/Mutual Funds    
L&T Liquid Fund - Direct Plan - Growth Unrated
2.87%
Total
 
2.87%
(b) Margin as Cash Margin
 
0.05%
(c) Tri Party Repo Dealing System (TREPS)
12.92%
(d) Net Receivables/(Payables)
 
-1.58%
Net Assets
 
100.00%
Total number of holdings
 
56
➧ Indicates top ten instruments

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)1,618.20 lakhs
Total percentage of existing assets hedged through futures is 22.98%

 

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

 

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