L&T NIFTY NEXT 50 INDEX FUND

Data as on June 30, 2022

 
 
 

L&T NIFTY NEXT 50 INDEX FUND

Data as on June 30, 2022

 
 

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
0.3882 times
Fund Manager
Mr. Praveen Ayathan (w.e.f. Apr 15, 2020)
Benchmark
Nifty Next 50 Index TRI
Month end AUM
47.63 (Rs In Crs)
Monthly Average AUM
47.61 (Rs In Crs)
Tracking Error
0.13%
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 % to Net
Assets
Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Personal Products
➧ Dabur India Limited 2.80%
Godrej Consumer Products Limited 2.76%
Marico Limited 2.38%
Colgate Palmolive (India) Limited 1.91%
Procter & Gamble Hygiene and Health Care Limited 0.74%
Finance
Cholamandalam Investment and Finance Company Limited 2.36%
Piramal Enterprises Limited 2.13%
SBI Cards and Payment Services Limited 1.89%
Bajaj Holdings & Investment Limited 1.33%
Muthoot Finance Limited 1.02%
Power
➧ Adani Transmission Limited 4.07%
➧ Adani Green Energy Limited 3.97%
Retailing
➧ Avenue Supermarts Limited 3.00%
➧ Info Edge (India) Limited 2.81%
FSN E-Commerce Ventures Limited 0.51%
Zomato Limited 0.48%
Chemicals & Petrochemicals
➧ SRF Limited 3.16%
➧ Pidilite Industries Limited 3.07%
Pharmaceuticals & Biotechnology
Lupin Limited 1.42%
Biocon Limited 1.36%
Torrent Pharmaceuticals Limited 1.35%
Zydus Lifescences Limited 0.88%
Gland Pharma Limited 0.84%
Metals & Minerals Trading
➧ Adani Enterprises Limited 5.78%
Insurance
➧ ICICI Lombard General Insurance Company Limited 2.76%
ICICI Prudential Life Insurance Company Limited 1.83%
Banks
Bandhan Bank Limited 1.76%
Bank of Baroda 1.75%
Punjab National Bank 0.83%
Cement & Cement Products
Ambuja Cements Limited 2.57%
ACC Limited 1.73%
Name Of Instrument % to Net
Assets
Petroleum Products
➧ Indian Oil Corporation Limited 4.10%
Consumer Durables
Havells India Limited 2.65%
Berger Paints India Limited 1.33%
IT - Software
MindTree Limited 1.79%
Larsen & Toubro Infotech Limited 1.75%
Diversified Metals
Vedanta Limited 2.40%
Gas
GAIL India Limited 2.37%
Beverages
United Spirits Limited 2.18%
Electrical Equipment
Siemens Limited 2.06%
Fertilizers & Agrochemicals
PI Industries Limited 1.98%
Leisure Services
Jubilant Foodworks Limited 1.89%
Realty
DLF Limited 1.87%
Telecom - Services
Indus Towers Limited 1.74%
Transport Services
InterGlobe Aviation Limited 1.49%
Auto Components
Bosch Limited 1.25%
Minerals & Mining
NMDC Limited 1.19%
Capital Markets
HDFC Asset Management Company Limited 1.14%
Ferrous Metals
Steel Authority of India Limited 0.96%
Financial Technology (Fintech)
One 97 Communications Limited 0.36%
Total 99.75%
OTHERS
(a) Tri Party Repo Dealing System (TREPS)0.27%
(b) Net Receivables/(Payables)-0.02%
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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