L&T EMERGING BUSINESSES FUND

Data as on May 31, 2022

 
 
 

L&T EMERGING BUSINESSES FUND

Data as on May 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
0.1638 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
7,579.75 ( (Rs In Crs)
Monthly Average AUM
7,501.82 (Rs In Crs)
Volatility Measures*
Standard Deviation 27.75%
R-Squared 0.97
Beta 0.89
Sharpe Ratio# 0.61
*Source: ICRA MFIE
#Risk free rate assumed to be 3.29% (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 3.70%
➧ RHI Magnesita India Limited 2.43%
➧ Carborundum Universal Limited 2.05%
➧ Ratnamani Metals & Tubes Limited 2.04%
➧ KEI Industries Limited 2.04%
APL Apollo Tubes Limited 1.82%
Finolex Industries Limited 1.82%
Polycab India Limited 1.50%
MM Forgings Limited 1.13%
Maharashtra Seamless Limited 1.05%
Finolex Cables Limited 0.97%
Apollo Pipes Limited 0.93%
Supreme Industries Limited 0.53%
WIM Plast Limited 0.23%
Textiles & Apparels
➧ K.P.R. Mill Limited 6.37%
Gokaldas Exports Limited 0.93%
Welspun India Limited 0.86%
Dollar Industries Limited 0.51%
Nitin Spinners Limited 0.39%
Consumer Durables
Cera Sanitaryware Limited 1.82%
Amber Enterprises Limited 1.34%
Greenply Industries Limited 1.28%
Somany Ceramics Limited 1.16%
Dixon Technologies (India) Limited 0.99%
Kajaria Ceramics Limited 0.82%
Century Plyboards (India) Limited 0.66%
Greenpanel Industries Limited 0.32%
IT - Software
➧ BIRLASOFT Limited 1.96%
Sonata Software Limited 1.79%
KPIT Technologies Limited 1.57%
Persistent Systems Limited 1.42%
Happiest Minds Technologies Limited 0.72%
Realty
➧ Brigade Enterprises Limited 2.64%
Sunteck Realty Limited 1.72%
Mahindra Lifespace Developers Limited 1.43%
Sobha Limited 1.03%
Auto Components
Jamna Auto Industries Limited 1.47%
Tube Investment of India Limited 1.27%
Minda Industries Limited 1.11%
Asahi India Glass Limited 0.98%
Rolex Rings Limited 0.66%
Sterling Tools Limited 0.61%
Motherson Sumi Wiring India Limited 0.52%
Agricultural Food & other Products
➧ Balrampur Chini Mills Limited 3.10%
➧ EID Parry India Limited 2.88%
CCL Products (I) Limited 0.61%
Chemicals & Petrochemicals
Supreme Petrochem Limited 1.63%
Navin Fluorine International Limited 1.28%
Name Of Instrument % to Net
Assets
Fine Organic Industries Limited 1.10%
Deepak Nitrite Limited 1.08%
Alkyl Amines Chemicals Limited 0.90%
Oriental Carbon & Chemicals Limited 0.18%
Construction
H.G Infra Engineering Limited 1.19%
Techno Electric & Engineering Company Limited 0.95%
Isgec Heavy Engineering Limited 0.89%
PNC Infratech Limited 0.61%
NCC Limited 0.29%
Banks
City Union Bank Limited 1.29%
Indian Bank 1.07%
Cement & Cement Products
JK Lakshmi Cement Limited 1.31%
The Ramco Cements Limited 1.00%
Pharmaceuticals & Biotechnology
Suven Pharmaceuticals Limited 1.43%
IPCA Laboratories Limited 0.70%
Industrial Manufacturing
Lakshmi Machine Works Limited 1.34%
GMM Pfaudler Limited 0.77%
Leisure Services
EIH Limited 1.25%
Retailing
V-Mart Retail Limited 0.66%
Trent Limited 0.57%
Fertilizers & Agrochemicals
Sumitomo Chemical India Limited 1.12%
Electrical Equipment
Apar Industries Limited 1.10%
Transport Infrastructure
Gujarat Pipavav Port Limited 0.83%
Agricultural Commercial & Construction Vehicles
V.S.T Tillers Tractors Limited 0.81%
Paper Forest & Jute Products
Emami Paper Limited 0.50%
Orient Paper & Industries Limited 0.31%
Healthcare Services
Krishna Institute of Medical Sciences Limited 0.72%
Personal Products
Emami Limited 0.71%
Transport Services
VRL Logistics Limited 0.71%
Finance
Can Fin Homes Limited 0.55%
Gas
Aegis Logistics Limited 0.40%
Capital Markets
Prudent Corporate Advisory Services Limited 0.35%
Ferrous Metals
Shyam Metalics and Energy Limited 0.27%
Total 97.05%
OTHERS
(a) Tri Party Repo Dealing System (TREPS)3.17%
(b) Net Receivables/(Payables)-0.22%
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'

 

pdf