L&T ARBITRAGE OPPORTUNITIES FUND

Data as on June 30, 2022

 
 
 

L&T ARBITRAGE OPPORTUNITIES FUND

Data as on June 30, 2022

 
 

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
12.8067 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
2,978.72 (Rs In Crs)
Monthly Average AUM
3,130.85 (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
Finance
   
➧ Bajaj Finance Limited
4.73% 4.73%
➧ Housing Development Finance Corporation Limited
3.25% 3.25%
➧ Bajaj Finserv Limited
2.67% 2.67%
IDFC Limited
1.12% 1.12%
LIC Housing Finance Limited
0.90% 0.90%
Piramal Enterprises Limited
0.70% 0.70%
Manappuram Finance Limited
0.68% 0.68%
Power Finance Corporation Limited
0.23% 0.23%
Can Fin Homes Limited
0.13% 0.13%
Indiabulls Housing Finance Limited
0.11% 0.11%
Mahindra & Mahindra Financial Services Limited
0.06% 0.06%
SBI Cards and Payment Services Limited
0.05% 0.05%
Muthoot Finance Limited
0.03% 0.03%
Banks
   
➧ HDFC Bank Limited
3.73% 3.73%
➧ IDFC First Bank Limited
1.59% 1.59%
Bandhan Bank Limited
1.31% 1.31%
IndusInd Bank Limited
0.78% 0.78%
ICICI Bank Limited
0.70% 0.70%
Axis Bank Limited
0.50% 0.50%
Canara Bank
0.36% 0.36%
City Union Bank Limited
0.17% 0.17%
RBL Bank Limited
0.12% 0.12%
Bank of Baroda
0.09% 0.09%
Punjab National Bank
0.08% 0.08%
Kotak Mahindra Bank Limited
0.05% 0.05%
IT - Software
   
➧ Tech Mahindra Limited
2.51% 2.51%
➧ HCL Technologies Limited
1.62% 1.62%
MindTree Limited
0.71% 0.71%
MphasiS Limited
0.23% 0.23%
Persistent Systems Limited
0.19% 0.19%
Larsen & Toubro Infotech Limited
0.13% 0.13%
Wipro Limited
0.08% 0.08%
Oracle Financial Services Software Limited
0.01% 0.01%
Coforge Limited
 ^   ^ 
Transport Infrastructure
   
➧ Adani Ports and Special Economic Zone Limited
3.73% 3.73%
Beverages
   
➧ United Spirits Limited
3.00% 3.00%
United Breweries Limited
0.11% 0.11%
Cement & Cement Products
   
➧ Ambuja Cements Limited
2.86% 2.86%
Grasim Industries Limited
0.11% 0.11%
UltraTech Cement Limited
0.04% 0.04%
ACC Limited
0.02% 0.02%
Dalmia Bharat Limited
0.02% 0.02%
The India Cements Limited
0.02% 0.02%
Capital Markets
   
Multi Commodity Exchange of India Limited
1.13% 1.13%
HDFC Asset Management Company Limited
0.84% 0.84%
Indian Energy Exchange Limited
0.73% 0.73%
Consumer Durables
   
Havells India Limited
1.31% 1.31%
Asian Paints Limited
0.48% 0.48%
Bata India Limited
0.14% 0.14%
Titan Company Limited
0.12% 0.12%
Crompton Greaves Consumer Electricals Limited
0.09% 0.09%
Whirlpool of India Limited
0.01% 0.01%
Berger Paints India Limited
0.01% 0.01%
Pharmaceuticals & Biotechnology
   
Torrent Pharmaceuticals Limited
0.48% 0.48%
Granules India Limited
0.45% 0.45%
Laurus Labs Limited
0.33% 0.33%
Aurobindo Pharma Limited
0.20% 0.20%
Alkem Laboratories Limited
0.15% 0.15%
Zydus Lifescences Limited
0.15% 0.15%
Glenmark Pharmaceuticals Limited
0.10% 0.10%
Lupin Limited
0.02% 0.02%
Sun Pharmaceutical Industries Limited
0.01% 0.01%
Abbott India Limited
0.01% 0.01%
Dr. Reddy's Laboratories Limited
0.01% 0.01%
Biocon Limited
 ^   ^ 
Entertainment
   
Zee Entertainment Enterprises Limited
1.47% 1.47%
Sun TV Network Limited
0.37% 0.37%
PVR Limited
0.01% 0.01%
Realty
   
Oberoi Realty Limited
0.88% 0.88%
Godrej Properties Limited
0.62% 0.62%
DLF Limited
0.08% 0.08%
Retailing
   
Trent Limited
1.29% 1.29%
Aditya Birla Fashion and Retail Limited
0.02% 0.02%
Info Edge (India) Limited
 ^   ^ 
Transport Services
   
Container Corporation of India Limited
1.09% 1.09%
InterGlobe Aviation Limited
0.16% 0.16%
Petroleum Products
   
Bharat Petroleum Corporation Limited
0.54% 0.54%
Reliance Industries Limited
0.32% 0.32%
Hindustan Petroleum Corporation Limited
0.19% 0.19%
Indian Oil Corporation Limited
0.04% 0.04%
Auto Components
   
Exide Industries Limited
0.57% 0.57%
Amara Raja Batteries Limited
0.20% 0.20%
Samvardhana Motherson International Limited
0.16% 0.16%
Balkrishna Industries Limited
0.10% 0.10%
Bosch Limited
0.05% 0.05%
Automobiles
   
Maruti Suzuki India Limited
0.92% 0.92%
Hero MotoCorp Limited
0.12% 0.12%
Tata Motors Limited
0.02% 0.02%
Aerospace & Defense
   
Bharat Electronics Limited
0.73% 0.73%
Hindustan Aeronautics Limited
0.33% 0.33%
Chemicals & Petrochemicals
   
Rain Industries Limited
0.41% 0.41%
Aarti Industries Limited
0.33% 0.33%
SRF Limited
0.20% 0.20%
Gujarat Narmada Valley Fertilizers and Chemicals Limited
0.06% 0.06%
Tata Chemicals Limited
0.01% 0.01%
Atul Limited
 ^   ^ 
Diversified Metals
   
Name Of Instrument
% to Net
Assets
% to Net
Assets
(hedged)

 

Vedanta Limited
0.94% 0.94%
Insurance
   
Aditya Birla Capital Limited
0.27% 0.27%
ICICI Lombard General Insurance Company Limited
0.25% 0.25%
SBI Life Insurance Company Limited
0.13% 0.13%
ICICI Prudential Life Insurance Company Limited
0.09% 0.09%
HDFC Life Insurance Company Limited
0.06% 0.06%
Agricultural Food & other Products
   
Balrampur Chini Mills Limited
0.61% 0.61%
Tata Consumer Products Limited
0.14% 0.14%
Fertilizers & Agrochemicals
   
PI Industries Limited
0.41% 0.41%
UPL Limited
0.18% 0.18%
Chambal Fertilizers & Chemicals Limited
0.05% 0.05%
Metals & Minerals Trading
   
Adani Enterprises Limited
0.61% 0.61%
Personal Products
   
Marico Limited
0.39% 0.39%
Godrej Consumer Products Limited
0.13% 0.13%
Colgate Palmolive (India) Limited
0.06% 0.06%
Ferrous Metals
   
Jindal Steel & Power Limited
0.48% 0.48%
JSW Steel Limited
0.03% 0.03%
Tata Steel Limited
0.02% 0.02%
Steel Authority of India Limited
0.02% 0.02%
Gas
   
GAIL India Limited
0.26% 0.26%
Indraprastha Gas Limited
0.09% 0.09%
Gujarat State Petronet Limited
0.08% 0.08%
Petronet LNG Limited
0.06% 0.06%
Mahanagar Gas Limited
0.02% 0.02%
Minerals & Mining
   
NMDC Limited
0.47% 0.47%
Food Products
   
Britannia Industries Limited
0.25% 0.25%
Nestle India Limited
0.19% 0.19%
Leisure Services
   
Indian Hotels Company Limited
0.26% 0.26%
Delta Corp Limited
0.12% 0.12%
Jubilant Foodworks Limited
0.05% 0.05%
Non - Ferrous Metals
   
Hindalco Industries Limited
0.29% 0.29%
National Aluminium Company Limited
0.11% 0.11%
Textiles & Apparels
   
Page Industries Limited
0.37% 0.37%
Electrical Equipment
   
Siemens Limited
0.27% 0.27%
Bharat Heavy Electricals Limited
0.09% 0.09%
Power
   
Power Grid Corporation of India Limited
0.26% 0.26%
Torrent Power Limited
0.08% 0.08%
Tata Power Company Limited
0.01% 0.01%
Diversified FMCG
   
Hindustan Unilever Limited
0.20% 0.20%
ITC Limited
0.04% 0.04%
Construction
   
NBCC (India) Limited
0.24% 0.24%
Larsen & Toubro Limited
 ^   ^ 
Agricultural Commercial & Construction Vehicles
   
Ashok Leyland Limited
0.19% 0.19%
Escorts Limited
 ^   ^ 
IT - Services
   
Firstsource Solutions Limited
0.11% 0.11%
L&T Technology Services Limited
0.07% 0.07%
Telecom - Services
   
Indus Towers Limited
0.06% 0.06%
Tata Communications Limited
0.04% 0.04%
Healthcare Services
   
Metropolis Healthcare Limited
0.05% 0.05%
Syngene International Limited
 ^   ^ 
Total
66.79% 66.79%
Investment Funds/Mutual Funds
   
L&T Liquid Fund - Direct Plan - Growth
Unrated 1.69%
Total
  1.69%
MONEY MARKET INSTRUMENT
 
 
Certificate of Deposit/Commercial Paper
 
 
HDFC Bank Limited
CARE A1+ 1.67%
HDFC Bank Limited
ICRA A1+ 0.81%
Total
  2.48%
CENTRAL GOVERNMENT SECURITIES
 
06.84% GOI 19-12-2022
SOVEREIGN 7.44%
07.16% GOI 20-05-2023
SOVEREIGN 1.71%
Total
  9.15%
Treasury Bill
 
364 DAY T-BILL 12-01-2023
SOVEREIGN 3.26%
364 DAY T-BILL 02-11-2022
SOVEREIGN 2.47%
182 DAY T-BILL 14-07-2022
SOVEREIGN 1.68%
364 DAY T-BILL 13-10-2022
SOVEREIGN 1.65%
182 DAY T-BILL 20-10-2022
SOVEREIGN 1.65%
364 DAY T-BILL 20-10-2022
SOVEREIGN 1.65%
364 DAY T-BILL 17-11-2022
SOVEREIGN 1.64%
364 DAY T-BILL 19-01-2023
SOVEREIGN 1.63%
364 DAY T-BILL 27-10-2022
SOVEREIGN 0.83%
Total
  16.46%
OTHERS
 
 
(a) Margin as Cash Margin
0.67%
(b) Tri Party Repo Dealing System (TREPS)
6.45%
(c) Net Receivables/(Payables)
-3.69%
Net Assets
 
100.00%
Total number of holdings
146

➧ 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, 2022) in Derivative Instruments (Gross Notional) 198,690.16 lakhs
Total percentage of existing assets hedged through futures is 66.79%

 

~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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