L&T EQUITY SAVINGS FUND

Data as on March 31, 2022

 
 
 

L&T EQUITY SAVINGS FUND

Data as on March 31, 2022

 
 

To generate regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and debt and money market instruments and to generate long-term capital appreciation through unhedged exposure to equity and equity related instruments. There is no assurance that the investment objective of the scheme will be realized.




Date of Inception
Regular Plan October 18, 2011
Direct Plan January 01, 2013
Portfolio Turnover
6.9507 times
Fund Manager
Ms. Cheenu Gupta (w.e.f. July 02, 2021), Mr. Venugopal Manghat (w.e.f. Nov 24, 2012) & Mr. Praveen Ayathan (w.e.f. Jan 09, 2015) (for investments in equity and equity related instruments) & Mr. Jalpan Shah (w.e.f. May 30, 2016) (for investments in debt and debt related instruments)
Benchmark
NIFTY Equity Savings Index
Month end AUM
215.84 (Rs In Crs)
Monthly Average AUM
213.54 (Rs In Crs)
Options
•Growth
•IDCW:
1. Monthly IDCW (Reinvestment and Payout)
2. Quarterly IDCW (Reinvestment and Payout)

Name Of Instrument
% to Net
Assets
% to Net
Assets
(hedged)
% to Net
Assets
(unhedged)

 

EQUITY & EQUITY RELATED
Listed/Awaiting Listing on the Stock Exchanges
Banks
➧ ICICI Bank Limited
1.92% 0.00% 1.92%
➧ State Bank of India
1.26% 0.00% 1.26%
Kotak Mahindra Bank Limited
5.66% 4.84% 0.82%
Axis Bank Limited
0.71% 0.00% 0.71%
Canara Bank
1.31% 1.31% 0.00%
IndusInd Bank Limited
1.29% 1.29% 0.00%
Bandhan Bank Limited
0.62% 0.62% 0.00%
RBL Bank Limited
0.02% 0.02% 0.00%
Consumer Non Durables
     
Asian Paints Limited
0.86% 0.00% 0.86%
Tata Consumer Products Limited
0.18% 0.00% 0.18%
United Spirits Limited
4.73% 4.73% 0.00%
Hindustan Unilever Limited
1.54% 1.54% 0.00%
Marico Limited
0.33% 0.33% 0.00%
Software
     
➧ Infosys Limited
1.68% 0.00% 1.68%
➧ Persistent Systems Limited
1.23% 0.00% 1.23%
➧ MindTree Limited
1.20% 0.00% 1.20%
Larsen & Toubro Infotech Limited
0.66% 0.09% 0.57%
Tata Consultancy Services Limited
0.23% 0.00% 0.23%
Coforge Limited
0.19% 0.00% 0.19%
HCL Technologies Limited
1.17% 1.17% 0.00%
Oracle Financial Services Software Limited
1.08% 1.08% 0.00%
Non - Ferrous Metals
     
National Aluminium Company Limited
4.75% 4.75% 0.00%
Vedanta Limited
1.97% 1.97% 0.00%
Finance
     
Cholamandalam Investment and Finance Company Limited
1.17% 0.00% 1.17%
Bajaj Finance Limited
1.39% 0.46% 0.93%
Housing Development Finance Corporation Limited
1.61% 1.40% 0.21%
Can Fin Homes Limited
0.97% 0.97% 0.00%
Piramal Enterprises Limited
0.06% 0.06% 0.00%
Pharmaceuticals
     
Cipla Limited
0.71% 0.00% 0.71%
Sun Pharmaceutical Industries Limited
0.30% 0.00% 0.30%
Divi's Laboratories Limited
0.23% 0.00% 0.23%
Zydus Lifescences Limited
1.86% 1.86% 0.00%
Laurus Labs Limited
1.01% 1.01% 0.00%
Strides Pharma Science Limited
0.39% 0.39% 0.00%
Abbott India Limited
0.08% 0.08% 0.00%
Pfizer Limited
0.03% 0.03% 0.00%
Cement & Cement Products
     
UltraTech Cement Limited
1.22% 0.92% 0.30%
The India Cements Limited
2.22% 2.22% 0.00%
Grasim Industries Limited
0.07% 0.07% 0.00%
Grasim Industries Limited
0.07% 0.07%  - 
Auto
     
➧ Tata Motors Limited
1.21% 0.00% 1.21%
Mahindra & Mahindra Limited
0.89% 0.89% 0.00%
Hero MotoCorp Limited
0.70% 0.70% 0.00%
Leisure Services
     
➧ Indian Hotels Company Limited
1.37% 0.00% 1.37%
Delta Corp Limited
1.23% 1.23% 0.00%
Jubilant Foodworks Limited
0.03% 0.03% 0.00%
Chemicals
     
➧ SRF Limited
1.24% 0.00% 1.24%
Navin Fluorine International Limited
0.28% 0.00% 0.28%
Clean Science and Technology Limited
0.28% 0.00% 0.28%
Deepak Nitrite Limited
0.68% 0.68% 0.00%
Petroleum Products
     
➧ Reliance Industries Limited
2.44% 0.00% 2.44%
Hindustan Petroleum Corporation Limited
0.03% 0.03% 0.00%
Gas
     

Name Of Instrument
% to Net
Assets
% to Net
Assets
(hedged)
% to Net
Assets
(unhedged)

 

Indraprastha Gas Limited
1.28% 1.28% 0.00%
Mahanagar Gas Limited
0.80% 0.80% 0.00%
Auto Ancillaries
     
Motherson Sumi Wiring India Limited
0.90% 0.00% 0.90%
Minda Industries Limited
0.36% 0.00% 0.36%
Sona BLW Precision Forgings Limited
0.31% 0.00% 0.31%
Rolex Rings Limited
0.22% 0.00% 0.22%
Consumer Durables
     
➧ Titan Company Limited
1.41% 0.00% 1.41%
Insurance
     
HDFC Life Insurance Company Limited
1.26% 1.26% 0.00%
Textile Products
     
Page Industries Limited
1.15% 0.00% 1.15%
Pesticides
     
UPL Limited
1.07% 1.07% 0.00%
Healthcare Services
     
Apollo Hospitals Enterprise Limited
0.73% 0.00% 0.73%
Max Healthcare Institute Limited
0.32% 0.00% 0.32%
Entertainment
     
Zee Entertainment Enterprises Limited
1.03% 0.36% 0.67%
Power
     
Tata Power Company Limited
1.00% 0.00% 1.00%
Construction
     
Sobha Limited
0.46% 0.00% 0.46%
Phoenix Mills Limited
0.31% 0.00% 0.31%
Ferrous Metals
     
Steel Authority of India Limited
0.61% 0.61% 0.00%
Jindal Steel & Power Limited
0.06% 0.06% 0.00%
Capital Markets
     
UTI Asset Management Company Limited
0.13% 0.00% 0.13%
Multi Commodity Exchange of India Limited
0.44% 0.44% 0.00%
Retailing
     
Avenue Supermarts Limited
0.46% 0.00% 0.46%
Industrial Products
     
Astral Limited
0.28% 0.28% 0.00%
Total
72.88% 42.93% 29.95%
Name Of Instrument
Rating
% to Net Assets
Zero Coupon Bonds - Corporate
 
 
Listed / awaiting listing on the stock exchanges
 
 
Aditya Birla Housing Finance Limited
ICRA AAA
0.44%
Total
 
0.44%
Central Government Securities
 
 
06.18% GOI 04-11-2024
SOVEREIGN
9.68%
05.22% GOI 15-06-2025
SOVEREIGN
9.28%
07.32% GOI 28-01-2024
SOVEREIGN
4.88%
Total
23.84%
OTHERS
(a) Margin as Cash Margin
-0.28%
(b) Tri Party Repo Dealing System (TREPS)
4.68%
(c) Net Receivables/(Payables)
 
-1.56%
Net Assets
 
100.00%
Total number of holdings
 
73

➧ Indicates top ten instruments
All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND, BWR.
Total outstanding position (as at March, 2022) in Derivative Instruments (Gross Notional) 9,305.03 lakhs
Total percentage of existing assets hedged through futures is 42.93%

 

Exit Load (w.e.f. October 6, 2021): If the units redeemed or switched out are upto 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 10% within 1 month from the date of allotment – 0.50%. If units are redeemed or switched out on or after 1 month from the date of allotment – 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'
For investments in equity and equity related instruments in the Fund was co-managed by Mr. Vihang Naik till July 1, 2021.

 

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