L&T EQUITY SAVINGS FUND

Data as on May 31, 2022

 
 
 

L&T EQUITY SAVINGS FUND

Data as on May 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
6.9690 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
206.17 (Rs In Crs)
Monthly Average AUM
206.31 (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
2.07%                              -   2.07%
➧ State Bank of India
1.25%                              -   1.25%
Kotak Mahindra Bank Limited
3.58% 3.58%                              -  
Axis Bank Limited
1.60% 1.60%                              -  
IndusInd Bank Limited
1.34% 1.34%                              -  
Bandhan Bank Limited
1.22% 1.22%                              -  
RBL Bank Limited
0.03% 0.03%                              -  
IT - Software
     
➧ Infosys Limited
1.78% 0.39% 1.39%
➧ Persistent Systems Limited
1.20%                       -   1.20%
MindTree Limited
0.89%                       -   0.89%
Tata Consultancy Services Limited
0.21%                       -   0.21%
Coforge Limited
0.17%                       -   0.17%
HCL Technologies Limited
1.10% 1.10%                              -  
Oracle Financial Services Software Limited
1.04% 1.04%                              -  
Larsen & Toubro Infotech Limited
0.06% 0.06%                              -  
Cement & Cement Products
     
Ambuja Cements Limited
1.91% 1.91%                              -  
The India Cements Limited
1.88% 1.88%                              -  
UltraTech Cement Limited
0.89% 0.89%                              -  
Grasim Industries Limited
0.07% 0.07%                              -  
Beverages
     
United Spirits Limited
4.51% 4.51%                              -  
Finance
     
Cholamandalam Investment and Finance Company Limited
1.15%                       -   1.15%
Bajaj Finance Limited
2.29% 1.48% 0.81%
Housing Development Finance Corporation Limited
0.22% 0.00% 0.22%
Can Fin Homes Limited
0.78% 0.78%                              -  
Piramal Enterprises Limited
0.05% 0.05%                              -  
Automobiles
     
➧ Tata Motors Limited
1.29%                       -   1.29%
Maruti Suzuki India Limited
1.74% 1.74%                              -  
Hero MotoCorp Limited
0.89% 0.89%                              -  
Non - Ferrous Metals
     
National Aluminium Company Limited
3.33% 3.33%                              -  
Leisure Services
     
➧ Indian Hotels Company Limited
1.64% 0.23% 1.41%
Delta Corp Limited
0.95% 0.95%                              -  
Jubilant Foodworks Limited
0.03% 0.03%                              -  
Pharmaceuticals & Biotechnology
     
Cipla Limited
0.72%                       -   0.72%
Sun Pharmaceutical Industries Limited
0.29%                       -   0.29%
Laurus Labs Limited
1.02% 1.02%                              -  
Strides Pharma Science Limited
0.39% 0.39%                              -  
Abbott India Limited
0.09% 0.09%                              -  
Dr. Reddy's Laboratories Limited
0.08% 0.08%                              -  
Petroleum Products
     
➧ Reliance Industries Limited
2.55%                       -   2.55%
Hindustan Petroleum Corporation Limited
0.03% 0.03%                              -  
Capital Markets
     
Multi Commodity Exchange of India Limited
2.14% 2.14%                              -  
Auto Components
     
Name Of Instrument
% to Net
Assets
% to Net
Assets
(hedged)
% to Net
Assets
(unhedged)

 

Motherson Sumi Wiring India Limited
0.95%                       -   0.95%
Minda Industries Limited
0.37%                       -   0.37%
Sona BLW Precision Forgings Limited
0.27%                       -   0.27%
Rolex Rings Limited
0.25%                       -   0.25%
Motherson Sumi Systems Limited
0.07% 0.07%                              -  
Chemicals & Petrochemicals
     
➧ SRF Limited
1.20%                       -   1.20%
Navin Fluorine International Limited
0.29%                       -   0.29%
Clean Science and Technology Limited
0.26%                       -   0.26%
Deepak Nitrite Limited
0.12% 0.12%                              -  
Diversified Metals
     
Vedanta Limited
1.64% 1.64%                              -  
Insurance
     
HDFC Life Insurance Company Limited
1.47% 1.47%                              -  
Consumer Durables
     
➧ Titan Company Limited
1.29%                       -   1.29%
Textiles & Apparels
     
➧ Page Industries Limited
1.26%                       -   1.26%
Fertilizers & Agrochemicals
     
UPL Limited
1.13% 1.13%                              -  
Personal Products
     
Dabur India Limited
0.69% 0.69%                              -  
Marico Limited
0.41% 0.41%                              -  
Entertainment
     
Zee Entertainment Enterprises Limited
1.09% 0.48% 0.61%
Healthcare Services
     
Apollo Hospitals Enterprise Limited
0.68%                       -   0.68%
Max Healthcare Institute Limited
0.37%                       -   0.37%
Power
     
Tata Power Company Limited
1.03%                       -   1.03%
Gas
     
Mahanagar Gas Limited
0.81% 0.81%                              -  
Realty
     
Sobha Limited
0.37%                       -   0.37%
Phoenix Mills Limited
0.34%                       -   0.34%
Retailing
     
Avenue Supermarts Limited
0.48%                       -   0.48%
Ferrous Metals
     
JSW Steel Limited
0.40% 0.40%                              -  
Jindal Steel & Power Limited
0.05% 0.05%                              -  
Industrial Products
     
Astral Limited
0.25% 0.25%                              -  
Total
66.01% 40.37% 25.64%
Name Of Instrument
Rating
% to Net Assets
Central Government Securities
 
 
06.18% GOI 04-11-2024 SOVEREIGN
9.65%
05.22% GOI 15-06-2025 SOVEREIGN
9.48%
07.32% GOI 28-01-2024 SOVEREIGN
5.04%
04.56% GOI 29-11-2023 SOVEREIGN
3.32%
Total  
27.49%
OTHERS
(a) Margin as Cash Margin
0.09%
(b) Tri Party Repo Dealing System (TREPS)
8.13%
(c) Net Receivables/(Payables)
 
-1.72%
Net Assets
 
100.00%
Total number of holdings
 
68

➧ Indicates top ten instruments
All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND, BWR.
Total outstanding position (as at May, 2022) in Derivative Instruments (Gross Notional) 8,341.18 lakhs
Total percentage of existing assets hedged through futures is 40.37%

 

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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