L&T EMERGING BUSINESSES FUND

Data as on March 31, 2022

 
 
 

L&T EMERGING BUSINESSES FUND

Data as on March 31, 2022

 
 

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
0.1593 times
Fund Manager
Mr. Venugopal Manghat & Mr. Vihang Naik
(w.e.f. Dec 17, 2019)~
Benchmark
S&P BSE 250 Small Cap Index TRI
Month end AUM
7,996.33 ( (Rs In Crs)
Monthly Average AUM
7,733.59 (Rs In Crs)
Volatility Measures*
Standard Deviation 27.55%
R-Squared 0.97
Beta 0.90
Sharpe Ratio# 0.67
*Source: ICRA MFIE
#Risk free rate assumed to be 3.31% (based on 3-months Mibor NSE rate during last 3 months)
Options
Growth and IDCW.
(Payout and Reinvestment)

Name Of Instrument % to Net
Assets
Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Industrial Products
➧ Grindwell Norton Limited 3.79%
➧ RHI Magnesita India Limited 2.63%
➧ Carborundum Universal Limited 2.20%
KEI Industries Limited 1.97%
Finolex Industries Limited 1.70%
MM Forgings Limited 1.13%
Polycab India Limited 1.11%
Finolex Cables Limited 0.94%
Apollo Pipes Limited 0.72%
Supreme Industries Limited 0.56%
WIM Plast Limited 0.23%
Textile Products
➧ K.P.R. Mill Limited 6.92%
Welspun India Limited 1.13%
Gokaldas Exports Limited 0.80%
Dollar Industries Limited 0.57%
Consumer Durables
Cera Sanitaryware Limited 2.05%
Amber Enterprises Limited 1.61%
Greenply Industries Limited 1.51%
Somany Ceramics Limited 1.18%
Dixon Technologies (India) Limited 1.05%
Century Plyboards (India) Limited 0.78%
Kajaria Ceramics Limited 0.77%
Greenpanel Industries Limited 0.36%
Software
➧ BIRLASOFT Limited 2.37%
➧ Sonata Software Limited 2.16%
➧ KPIT Technologies Limited 2.08%
Persistent Systems Limited 1.71%
Happiest Minds Technologies Limited 0.80%
Consumer Non Durables
➧ Balrampur Chini Mills Limited 3.90%
➧ EID Parry India Limited 2.22%
Emami Limited 0.82%
CCL Products (I) Limited 0.66%
Construction
➧ Brigade Enterprises Limited 2.79%
Sunteck Realty Limited 1.57%
Sobha Limited 1.26%
Mahindra Lifespace Developers Limited 1.17%
PNC Infratech Limited 0.51%
Chemicals
Supreme Petrochem Limited 1.96%
Navin Fluorine International Limited 1.26%
Deepak Nitrite Limited 1.21%
Alkyl Amines Chemicals Limited 0.89%
Fine Organic Industries Limited 0.86%
Oriental Carbon & Chemicals Limited 0.19%
Auto Ancillaries
Tube Investment of India Limited 1.25%
Jamna Auto Industries Limited 1.22%
Minda Industries Limited 1.06%
Name Of Instrument % to Net
Assets
Asahi India Glass Limited 0.90%
Rolex Rings Limited 0.59%
Sterling Tools Limited 0.40%
Sundram Fasteners Limited 0.32%
Motherson Sumi Wiring India Limited 0.32%
Ferrous Metals
Ratnamani Metals & Tubes Limited 1.90%
APL Apollo Tubes Limited 1.58%
Maharashtra Seamless Limited 0.99%
Shyam Metalics and Energy Limited 0.30%
Industrial Capital Goods
Lakshmi Machine Works Limited 1.31%
Apar Industries Limited 0.94%
Isgec Heavy Engineering Limited 0.88%
GMM Pfaudler Limited 0.80%
Pharmaceuticals
Suven Pharmaceuticals Limited 1.68%
IPCA Laboratories Limited 0.79%
Cement & Cement Products
JK Lakshmi Cement Limited 1.33%
The Ramco Cements Limited 1.04%
Construction Project
H.G Infra Engineering Limited 1.07%
Techno Electric & Engineering Company Limited 0.80%
NCC Limited 0.25%
Banks
City Union Bank Limited 1.13%
Indian Bank 0.92%
Transportation
Gujarat Pipavav Port Limited 0.75%
Aegis Logistics Limited 0.36%
VRL Logistics Limited 0.26%
Retailing
V-Mart Retail Limited 0.75%
Trent Limited 0.61%
Leisure Services
EIH Limited 1.35%
Pesticides
Sumitomo Chemical India Limited 0.98%
Paper
Emami Paper Limited 0.53%
Orient Paper & Industries Limited 0.39%
Auto
V.S.T Tillers Tractors Limited 0.89%
Healthcare Services
Krishna Institute of Medical Sciences Limited 0.72%
Finance
Can Fin Homes Limited 0.67%
Textiles - Cotton
Nitin Spinners Limited 0.38%
Total 98.51%
OTHERS
(a) Tri Party Repo Dealing System (TREPS)1.87%
(b) Net Receivables/(Payables)-0.38%
Net Assets 100.00%
Total number of holdings 81
➧ Indicates top ten instruments

 


~For investments in foreign securities - Mr. Sonal Gupta (w.e.f July 5, 2021)
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'

 

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