L&T EQUITY SAVINGS FUND

Data as on November 30, 2020

 
 
 

L&T EQUITY SAVINGS FUND

Data as on November 30, 2020

 
 

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
4.6125 times
Fund Manager
Mr. Venugopal Manghat (w.e.f. Nov 24, 2012) & Mr. Vihang Naik (w.e.f. Dec 17, 2019) , 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
73.66 (Rs In Crs)
Monthly Average AUM
73.38 (Rs In Crs)
Options
•Growth
•Dividend:
1. Monthly Dividend (Reinvestment and Payout)
2. Quarterly Dividend (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
7.81% 6.45% 1.36%
➧ HDFC Bank Limited
4.09% - 4.09%
State Bank of India
1.38% - 1.38%
Software
➧ Infosys Limited
5.21% 2.69% 2.52%
➧ HCL Technologies Limited
1.69% - 1.69%
Tata Consultancy Services Limited
1.26% - 1.26%
Persistent Systems Limited
1.06% - 1.06%
Auto
➧ Bajaj Auto Limited
1.72% 1.72% -
Maruti Suzuki India Limited
1.25% - 1.25%
Hero MotoCorp Limited
1.06% - 1.06%
V.S.T Tillers Tractors Limited
0.89% - 0.89%
Ferrous Metals
➧ Steel Authority of India Limited
2.87% 2.87% -
Jindal Steel & Power Limited
0.87% - 0.87%
Tata Steel Limited
0.75% - 0.75%
Petroleum Products
➧ Reliance Industries Limited
4.35% 2.51% 1.84%
Cement
Ambuja Cements Limited
1.67% - 1.67%
Shree Cements Limited
1.19% - 1.19%
The Ramco Cements Limited
0.91% - 0.91%
Finance
➧ Housing Development Finance Corporation Limited
1.79% 0.92% 0.87%
Cholamandalam Financial Holdings Limited
1.04% - 1.04%
Cholamandalam Investment and Finance Company Limited
0.89% - 0.89%
SBI Cards and Payment Services Limited
0.03% - 0.03%
Pharmaceuticals
Divi's Laboratories Limited
1.17% - 1.17%
Sun Pharmaceutical Industries Limited
0.87% - 0.87%
Cipla Limited
0.65% - 0.65%
IPCA Laboratories Limited
0.59% - 0.59%
Consumer Non Durables
Emami Limited
0.81% - 0.81%
ITC Limited
0.77% - 0.77%
Tata Consumer Products Limited
0.77% - 0.77%
Hindustan Unilever Limited
0.67% - 0.67%
Avanti Feeds Limited
0.22% - 0.22%
Industrial Products
➧ SRF Limited
2.79% 2.79% -
Finolex Cables Limited
0.45% - 0.45%
Chemicals
Pidilite Industries Limited
1.36% 1.36% -
Navin Fluorine International Limited
1.13% - 1.13%
Construction
Oberoi Realty Limited
1.02% - 1.02%
Prestige Estates Projects Limited
0.89% - 0.89%
Ahluwalia Contracts India Limited
0.53% - 0.53%
Construction Project
Larsen & Toubro Limited
0.99% - 0.99%
Engineers India Limited
0.79% - 0.79%
Indian Hume Pipe Company Limited
0.36% - 0.36%
Name Of Instrument % to Net
Assets
% to Net
Assets
(hedged)
% to Net
Assets
(unhedged)

 

Transportation
➧ Adani Ports and Special Economic Zone Limited
1.96% 1.96% -
Fertilisers
Coromandel International Limited
1.26% - 1.26%
Power
Tata Power Company Limited
1.07% 1.07% -
Industrial Capital Goods
Bharat Electronics Limited
0.54% - 0.54%
BEML Limited
0.29% - 0.29%
Telecom - Services
Bharti Airtel Limited
0.83% - 0.83%
Hotels, Resorts And Other Recreational Activities
The Indian Hotels Company Limited
0.69% - 0.69%
Auto Ancillaries
MRF Limited
0.61% - 0.61%
Textile Products
Page Industries Limited
0.36% - 0.36%
Paper
Tamil Nadu Newsprint & Papers Limited
0.34% - 0.34%
Gas
GAIL India Limited
0.16% - 0.16%
Total
68.72%
24.34%
44.38%
Name Of Instrument Rating/Industry % to Net Assets
PREFERENCE SHARES
Listed / Awaiting listing on Stock Exchanges
Media & Entertainment
Zee Entertainment Enterprises Limited
 
0.02%
Total
 
0.02%
BONDS & NCDs
 
 
Listed / awaiting listing on the stock exchanges
 
 
Amba River Coke Limited (Subsidiary of JSW Steel Ltd) 
CARE AA-
2.78%
Total
 
2.78%
Zero Coupon Bonds - Corporate
 
 
Listed / awaiting listing on the stock exchanges
 
 
Aditya Birla Housing Finance Limited
ICRA AAA
1.19%
Total
 
1.19%
Central Government Securities
 
 
07.32% GOI 28-JAN-2024
SOVEREIGN
7.53%
Total
 
7.53%
Deposits (placed as margins)
 
 
(a) Fixed Deposits
 
 
HDFC Bank Limited
14.14%
Total
 
14.14%
(b) Margin as Cash Margin
 
-0.15%
(c) Tri Party Repo Dealing System (TREPS)
7.18%
(d) Net Receivables/(Payables)
 
-1.41%
Net Assets
 
100.00%
Total number of holdings
 
53
➧ Indicates top ten instruments

All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND, BWR.
Total outstanding position (as at Nov, 2020) in Derivative Instruments (Gross Notional) 1802.08 lakhs
Total percentage of existing assets hedged through futures is 24.34%

 

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 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'

 

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