L&T NIFTY NEXT 50 INDEX FUND

Data as on March 31, 2021

 
 
 

L&T NIFTY NEXT 50 INDEX FUND

Data as on March 31, 2021

 
 

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
0.9439 times
Fund Manager
Mr. Praveen Ayathan (w.e.f. Apr 15, 2020)
Benchmark
Nifty Next 50 Index TRI
Month end AUM
25.20 (Rs In Crs)
Monthly Average AUM
24.66 (Rs In Crs)
Options
Growth and IDCW.
The IDCW option offers IDCW Payout and IDCW Reinvestment facilities.

Name Of Instrument Rating/Industry % to Net
Assets
Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Consumer Non Durables
➧ Dabur India Limited 3.03%
➧ Godrej Consumer Products Limited 2.74%
Marico Limited 2.11%
Colgate Palmolive (India) Limited 2.06%
Berger Paints India Limited 1.84%
United Spirits Limited 1.65%
United Breweries Limited 1.37%
Procter & Gamble Hygiene and Health Care Limited 0.97%
Pharmaceuticals
Aurobindo Pharma Limited 2.46%
Lupin Limited 2.44%
Biocon Limited 1.80%
Torrent Pharmaceuticals Limited 1.24%
Alkem Laboratories Limited 1.15%
Cadila Healthcare Limited 1.12%
Abbott India Limited 0.64%
Retailing
➧ Avenue Supermarts Limited 3.45%
➧ Info Edge (India) Limited 3.28%
Gas
GAIL India Limited 2.43%
Indraprastha Gas Limited 1.78%
Petronet LNG Limited 1.67%
Finance
Piramal Enterprises Limited 2.08%
Bajaj Holdings & Investment Limited 1.34%
Muthoot Finance Limited 1.30%
SBI Cards and Payment Services Limited 1.06%
Power
➧ Adani Green Energy Limited 3.50%
Adani Transmission Limited 2.02%
Auto Ancillaries
Motherson Sumi Systems Limited 2.40%
MRF Limited 1.66%
Bosch Limited 1.19%
Insurance
➧ ICICI Lombard General Insurance Company Limited 3.10%
ICICI Prudential Life Insurance Company Limited 1.71%
Name Of Instrument Rating/Industry % to Net
Assets
Banks
Bandhan Bank Limited 2.28%
Yes Bank Limited 1.61%
Punjab National Bank 0.88%
Minerals/Mining
➧ Adani Enterprises Limited 2.81%
NMDC Limited 1.26%
Cement & Cement Products
Ambuja Cements Limited 2.25%
ACC Limited 1.60%
Non - Ferrous Metals
➧ Vedanta Limited 3.80%
Healthcare Services
➧ Apollo Hospitals Enterprise Limited 2.90%
Chemicals
➧ Pidilite Industries Limited 2.74%
Consumer Durables
Havells India Limited 2.61%
Leisure Services
Jubilant Foodworks Limited 2.21%
Telecom - Equipment & Accessories
Indus Towers Limited 1.97%
Software
Larsen & Toubro Infotech Limited 1.83%
Construction
DLF Limited 1.76%
Petroleum Products
Hindustan Petroleum Corporation Limited 1.64%
Industrial Capital Goods
Siemens Limited 1.63%
Transportation
InterGlobe Aviation Limited 1.56%
Capital Markets
HDFC Asset Management Company Limited 1.54%
Total 99.47%
OTHERS
(a) Tri Party Repo Dealing System (TREPS)1.49%
(b) Net Receivables/(Payables)-0.96%
Net Assets100.00%
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'

 

pdf