L&T EMERGING BUSINESSES FUND

Data as on March 31, 2021

 
 
 

L&T EMERGING BUSINESSES FUND

Data as on March 31, 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
0.2324 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
5,774.04 (Rs In Crs)
Monthly Average AUM
5,797.17 (Rs In Crs)
Volatility Measures*
Standard Deviation 27.84%
R-Squared 0.97
Beta 0.91
Sharpe Ratio# 0.04
*Source: ICRA MFIE
#Risk free rate assumed to be 3.10% (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 2.86%
Finolex Industries Limited 1.93%
Carborundum Universal Limited 1.71%
Finolex Cables Limited 1.38%
Polycab India Limited 1.38%
Orient Refractories Limited 1.27%
MM Forgings Limited 0.91%
Supreme Industries Limited 0.79%
AIA Engineering Limited 0.76%
KEI Industries Limited 0.71%
WIM Plast Limited 0.34%
IFGL Refractories Limited 0.24%
Consumer Non Durables
➧ Emami Limited 2.81%
➧ Balrampur Chini Mills Limited 2.59%
VST Industries Limited 1.59%
EID Parry India Limited 1.49%
Akzo Nobel India Limited 0.66%
Chemicals
➧ Deepak Nitrite Limited 3.85%
Supreme Petrochem Limited 1.39%
Navin Fluorine International Limited 1.39%
Alkyl Amines Chemicals Limited 1.25%
Fine Organic Industries Limited 0.94%
Oriental Carbon & Chemicals Limited 0.30%
Software
➧ Persistent Systems Limited 3.45%
➧ Sonata Software Limited 2.06%
Happiest Minds Technologies Limited 1.47%
BIRLASOFT Limited 1.38%
Firstsource Solutions Limited 0.71%
Consumer Durables
➧ Amber Enterprises Limited 2.12%
Cera Sanitaryware Limited 1.81%
Dixon Technologies (India) Limited 1.64%
Greenply Industries Limited 1.41%
Somany Ceramics Limited 1.04%
Kajaria Ceramics Limited 0.97%
Auto Ancillaries
Tube Investment of India Limited 1.53%
Jamna Auto Industries Limited 1.15%
Minda Industries Limited 0.85%
Sterling Tools Limited 0.80%
Sundram Fasteners Limited 0.72%
Varroc Engineering Limited 0.71%
TVS Srichakra Limited 0.61%
Textile Products
➧ K.P.R. Mill Limited 3.90%
Welspun India Limited 1.70%
Dollar Industries Limited 0.33%
Gokaldas Exports Limited 0.21%
Construction
Brigade Enterprises Limited 1.92%
Sunteck Realty Limited 1.40%
Name Of Instrument Rating/Industry % to Net
Assets
Sobha Limited 0.82%
Prestige Estates Projects Limited 0.71%
PNC Infratech Limited 0.19%
Pharmaceuticals
➧ Suven Pharmaceuticals Limited 2.24%
IPCA Laboratories Limited 1.61%
Procter & Gamble Health Limited 0.58%
Laurus Labs Limited 0.43%
Industrial Capital Goods
Lakshmi Machine Works Limited 1.27%
Isgec Heavy Engineering Limited 1.19%
GMM Pfaudler Limited 1.04%
Apar Industries Limited 0.95%
Ferrous Metals
➧ Ratnamani Metals & Tubes Limited 2.10%
APL Apollo Tubes Limited 1.38%
Maharashtra Seamless Limited 0.82%
Cement & Cement Products
The Ramco Cements Limited 1.88%
JK Lakshmi Cement Limited 0.83%
Construction Project
Techno Electric & Engineering Company Limited 1.44%
H.G Infra Engineering Limited 0.79%
NCC Limited 0.39%
Banks
City Union Bank Limited 1.79%
DCB Bank Limited 0.62%
Pesticides
Sharda Cropchem Limited 1.39%
Sumitomo Chemical India Limited 0.88%
Transportation
Gujarat Pipavav Port Limited 1.31%
Aegis Logistics Limited 0.83%
Auto
Escorts Limited 0.97%
V.S.T Tillers Tractors Limited 0.80%
Retailing
Trent Limited 0.75%
V-Mart Retail Limited 0.59%
Leisure Services
EIH Limited 1.00%
Easy Trip Planners Limited 0.25%
Paper
Emami Paper Limited 0.56%
Orient Paper & Industries Limited 0.38%
Textiles - Cotton
Nitin Spinners Limited 0.26%
Capital Markets
Central Depository Services (India) Limited 0.22%
Total 99.69%
OTHERS
(a) Tri Party Repo Dealing System (TREPS)0.69%
(b) Net Receivables/(Payables)-0.38%
Net Assets100.00%
Total number of holdings 82
➧ Indicates top ten instruments

 


~For investments in foreign securities - Mr. Alok Ranjan (w.e.f Oct 1, 2019)
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'

 

pdf