Happy New Year SIP One Resolution Start An - LIC Mutual Fund
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JANUARY 2021
One
Resolution
Start An
SIP
Happy New Year
Let the year ahead be the one
where your dreams come true.
*(Systematic Investment Plan) SIP facility is generally available in Daily, Monthly & Quarterly frequency
Connect with us: /LICMutual /LICMutual /company/LICMutual 1800-258-5678 www.licmf.com
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
MARKET REVIEW
Mr. Yogesh Patil Mr. Marzban Irani
Fund Manager - Equity CIO - Fixed Income
EQUITY DEBT
Market Review Market Review
Ÿ The Indian economy and the sentiments are improving led by positive Ÿ MPC Policy was a non event as policy rates remain unchanged with Repo Rate
developments on Covid-19 vaccinations. The supply side challenges have at 4% and Reverse Repo rate at 3.35%. Though some expected CRR to reverse to
recovered significantly, however; demand aggregates appear challenging. During 4% considering overnight rates going below 3% due to excess liquidity, RBI
the month, equity market saw appreciation with BSE Sensex rising by 8.2% month- maintained CRR also at 3% for the time being. Governor maintained that rural
on-month and CNX Nifty rising by 7.8% for the same month. demand continues to show improvement with urban demand catching up, however
he revised its expectation of real GDP contraction from 9.5% to 7.5%in FY21.
Governor stated that it expects GDP growth for Q3 & Q4 to move into positive
Ÿ On the macro front, CPI Inflation declined to 6.93% in November vs 7.61% in
territory.
October 2020. The country's Index of Industrial Production (IIP) continued to grow
at 3.6% in October vs 0.2% in September 2020. Sector-wise indices – BSE Realty,
BSE Metal, BSE Consumer Durables, BSE IT, BSE Capital Goods, BSE 100, BSE Ÿ In light of rising CPI print, Policy was expected to be pro inflation, however the
200, BSE 500, BSE FMCG, BSE Small-Cap, BSE Healthcare, BSE Oil & Gas, BSE policy was pro liquidity and pro growth. Except for upward revision of CPI estimates
Mid-Cap, BANKEX, BSE Auto and BSE Power rose by 20.2%, 13.5%, 12.4%, for FY21, there was not enough communication with respect to how RBI plans to
12.1%, 10.1%, 8.0%, 7.8%, 7.7%, 7.5%, 7.2%, 6.7%, 6.3%, 6.1%, 5.9%, 3.4% and tackle it. Rather there were a number of Pro liquidity announcements. The central
3.1% respectively. bank plans to conduct special and outright bond purchases and announced on-tap
TLTRO for ₹ 1 lakh crore at 4 percent till March 2021, besides, OMO worth ₹ 20,000
crore.
Capital flows:
FIIs were net buyers in the equity to the tune of ₹ 53,500 crores (US$ 7,267mn) in
Ÿ Beyond the usual growth, inflation and policy rationale, the December RBI policy
December 2020. Cumulatively, FIIs bought equity worth ₹ 1,73,338 crores
minutes shed light on increasing complexities arising out of (1) low short-term rates
(US$ 23,436mn) in last twelve months i.e., from January'20-Decemeber'20 and DII and sustained negative real interest rates, (2) macro-financial stability given liquidity,
sold equity worth ₹ 46,483 crores (US$ 6,244mn) for the same period. (As on 31st credit, and money supply, and (3) unequal pricing power among firms. A much-
December 2020, Source: SEBI) (December 2020 Avg. 1 USD = INR 73.6223). needed case was made for flexible inflation targeting framework and the gains seen
out of it.
Outlook
Ÿ Second round of Coronavirus infections has led to ultra-accommodative global
Ÿ The month gone by saw the emergence of the new Covid-19 strain in the UK monetary policy to persist in 2021 as the recovery remains policy dependent. ECB
which prompted many countries to impose travel restrictions on the UK. However, expanded policy accommodation to limit the downside risk to growth with renewed
these were subsequently lifted by the end of the month. We finally see most of the lockdowns in European countries. The PEPP was increased by €500bn and net
developed economies giving emergency approvals for the vaccines. purchases were extended to at least the end of March 2022.
Ÿ 2020 was rather an eventful year. We saw the indices peaking in February
before the virus spread from China to most parts of the globe, India being no Ÿ Meanwhile, BoJ extended asset purchase program till Sept 2021. The US Fed
different and it took merely 30 trading days for the Nifty index to reach the year's assured markets of continued accommodation and provided enhanced guidance on
low. However, the speed of the recovery was also surprising and demonstrated the its asset purchase program, which will continue until substantial progress has been
confidence in the potential of the Indian economy. While it took Nifty index 165 days made toward maximum employment and price stability goals.
to reach the previous high mark, it had recovered most of the losses. In
comparison, the drawdown in 2008 was more prolonged and it took a lot longer for Ÿ Global steel prices have risen to multi-year highs, as demand outstrips supply,
the index to reach the previous high-water mark in 2009. led by strong rebound in China and iron ore supply disruptions. Meanwhile, Brent
crude oil prices rise to US$51pb, on the back of recovery hopes as well as supply
Ÿ As we enter 2021, we expect to see strong demand recovery in the domestic side management by OPEC+, which has helped reduce the inventory build-up.
economy with the backbone being strong foreign exchange reserves accretion
during the pandemic. Surplus liquidity in the system has ensured all-time low
Outlook
interest rates acting as a catalyst and is also aiding RBI in facilitating Government's
capital expenditure plans and enhanced borrowings. Ÿ MPC members' outlook on inflation has become much more uncertain, with cost
Ÿ Rural demand is likely to be robust on account of two consecutive years of good push pressures such as elevated retail margins likely to persist. The supply side
agri-production, healthy food prices, MSP hikes, MGNREGA support etc. We are disruptions come at a time when output gap remains negative. However, once the
also seeing consolidation of market share in the hands of few with strong balance recovery takes hold there is a risk that the cost push inflation could get generalized.
sheet and efficient supply chain. Pandemic has in a way catalyzed the process of
shift from unorganized to organized businesses and the benefits of government's Ÿ Hence, the window to address the supply-side disruptions is small and RBI's
policies like demonetization, GST etc. are likely to be seen going forward. ability to look through inflation pressures has narrowed considerably. We expect RBI
Ÿ Lockdowns gave managements an opportunity to take a zero-base approach to remain on hold and maintain accommodative stance into FY22. CY2021 will be
to looking at overheads. Managements believe that even in a 'return to normalcy' marked with hopes for (1) early roll-out of the Covid-19 vaccine, (2) normalization of
scenario, they can effect structural changes to their cost structure by managing activities, and (3) unperturbed growth recovery.
their fixed costs components. However, near term growth impulses are still weak
with households preferring savings over consumption, government spending
Ÿ India will see a slow cyclical recovery along with inflation gradually easing
constrained and corporate sector deferring capital expenditure.
though not enough to sustain the accommodative stance. Interest rates will likely
Ÿ We believe, India is well placed among its global peers and going forward a) harden with no rate cuts and persistent fiscal pressure. Key risks will be steering
industry consolidation, b) technological adoption, c) structural industrial changes, through any financial sector stress, reviving the weak investment cycle, and any
d) government reforms. e) focus on domestic manufacturing and f) cost saving adverse global liquidity issues.
measures are likely to drive the Indian equity market.
Ÿ We prefer to focus on existing leaders who are likely to disrupt/ innovate in their
business to ensure that their leadership or competitive advantage remains strong.
Value creation imperatives in investment viz, high standards of governance, high
capital efficiency, strong moats and sustainable growth are unlikely to change.
2
RISKOMETER
The Product Is Suitable For Investors Who Are
Name Of The Scheme Riskometer
Seeking *
LIC MF Large Cap Fund Ÿ Long Term Capital Appreciation
Ÿ A Fund that primarily invest in large-cap stock
Ÿ Risk - Very High
LIC MF Multicap Fund Ÿ Long Term Capital Appreciation
Ÿ Investing in Large, Mid & Small-cap stocks
Ÿ Risk - Very High
LIC MF Large & Mid Cap Fund Ÿ Long Term Capital Appreciation
Ÿ A Fund that primarily invest in large and mid-cap
stocks
Ÿ Risk - Very High
LIC MF Tax Plan Ÿ Long Term Capital Growth
Ÿ Investing in equity and equity related securities.
Ÿ Risk - Very High
LIC MF Index Fund-Sensex Plan Ÿ Long Term Capital Growth
Ÿ Investment in equity instrument of S&P BSE Sensex
Index stocks subject to tracking error.
Ÿ Risk - Very High
LIC MF Index Fund-Nifty Plan Ÿ Long Term Capital Growth
Ÿ Investment in equity instrument of NIFTY 50 Index
stocks subject to tracking error.
Ÿ Risk - Very High
LIC MF Exchange Traded Fund Ÿ Long Term Investment Moderately
Moderate
- Nifty 50 Ÿ Investment in securities covered by NIFTY 50 High
Index, subject to tracking errors. Low to
Ÿ Risk - Very High Moderate High
LIC MF Exchange Traded Fund Ÿ Long Term Investment
- Sensex Ÿ Investment in securities covered by S&P BSE Low Very High
SENSEX, subject to tracking errors.
Ÿ Risk - Very High
LOW RISKOMETER HIGH
LIC MF Exchange Traded Fund Ÿ Long Term Investment
- Nifty 100 Ÿ Investment in equity and equity related securities
Investors understand that their principal
and portfolios replicating the composition of will be at Very High risk
NIFTY 100 Index, subject to tracking errors.
Ÿ Risk - Very High
LIC MF Banking & Financial Ÿ Capital appreciation over long term
Services Fund Ÿ Investment predominantly in a portfolio of equity
and equity related securities of companies engaged
in banking and financial services.
Ÿ Risk - Very High
LIC MF Infrastructure Fund Ÿ Long Term Capital Growth
Ÿ Investment in equity and equity related instruments
of companies engaged either directly or indirectly
in infrastructure sector.
Ÿ Risk - Very High
LIC MF Equity Hybrid Fund Ÿ Long term capital appreciation with current income.
Ÿ A fund that invests both in stocks and fixed income
instruments.
Ÿ Risk - Very High
LIC MF Unit Linked Insurance Ÿ Long term capital appreciation and current income.
Scheme Ÿ Investment in equity and equity related securiries,
fixed income securities (debt and money market
securities).
Ÿ Risk - Very High
LIC MF Children’s Gift Fund Ÿ Long term capital appreciation and current
income
Ÿ A fund that invests both in stocks and fixed
income instruments.
Ÿ Risk - Very High
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
For scheme related details, including updation in Riskometer (if any) may please be referred on our website www.licmf.com
3RISKOMETER
The Product Is Suitable For Investors Who Are
Name Of The Scheme Riskometer
Seeking *
Moderate Moderately
LIC MF Debt Hybrid Fund Ÿ Medium term capital appreciation with current High
income Low to
Moderate High
Ÿ A fund that invests predominantly in debt
instruments with marginal equity exposure.
Low Very High
Ÿ Risk - Moderately High
LOW RISKOMETER HIGH
Investors understand that their principal will be at
Moderately High risk
LIC MF Government Securities Ÿ Long term capital appreciation and current income
Fund Ÿ Investment in sovereign securities issued by
Central/ State Government.
Ÿ Risk - Moderate
LIC MF G-Sec Long Term Ÿ Medium to long term regular income
Exchange Traded Fund Ÿ Investment in securities in line with Nifty 8-13 yr
G-Sec Index to generate comparable returns
subject to tracking error.
Ÿ Risk - Moderate
Exchange Traded Fund Ÿ Income over medium to long term
LIC MF Bond Fund Ÿ To generate income/capital appreciation through
investments in Debt and Money market
instruments.
Ÿ Risk - Moderate Moderate Moderately
High
Low to
Moderate High
Ÿ Regular income for medium term capital
LIC MF Banking & PSU appreciation with current income Low Very High
Debt Fund Ÿ An income fund that invests predominantly in debt
LOW RISKOMETER HIGH
and money market instruments issued by Banks,
Public Sector Undertakings, Public Financial Investors understand that their principal
Institutions and Municipal Bonds. will be at Moderate risk
Ÿ Risk - Moderate
LIC MF Short Term Debt Fund Ÿ Generation of reasonable returns over short to
medium term.
Ÿ Investment in Debt securities and money market
instruments.
Ÿ Risk - Moderate
LIC MF Savings Fund Ÿ Regular Income for short term
Ÿ A fund that focuses on low duration securities.
Ÿ Risk - Low to Moderate
Moderate Moderately
LIC MF Ultra Short Term Fund Ÿ Regular income over short term. High
Low to
Ÿ Investment in Debt & Money Market Instruments Moderate High
such that the Macaulay Duration of the portfolio is
between 3 months - 6 months. Low Very High
Ÿ Risk - Low to Moderate
LOW RISKOMETER HIGH
Investors understand that their principal will
be at Low to Moderate risk
LIC MF Liquid Fund Ÿ Regular income for short term
Ÿ Investment in debt / money market instruments
with maturity of upto 91 days.
Ÿ Risk - Low to Moderate
LIC MF Arbitrage Fund Ÿ Income over a short term investment horizon.
Ÿ Income through arbitrage opportunities between
cash and derivative market and arbitrage
opportunities within the derivative segment of the Moderate Moderately
High
equity market. Low to
Moderate High
• Risk - Low
Low Very High
LIC MF Overnight Fund Ÿ Regular income with high levels of safety and LOW RISKOMETER HIGH
liquidity over short term
Ÿ Investment in debt and money market instruments Investors understand that their principal
with overnight maturity. will be at Low risk
Ÿ Risk - Low
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
For scheme related details, including updation in Riskometer (if any) may please be referred on our website www.licmf.com
4SCHEME FEATURES INVESTMENT OBJECTIVE
To achieve long term capital appreciation by investing in diversified portfolio predominantly consisting of
Scheme Type: An open ended equity scheme
predominantly investing in Large Cap stocks. equity and equity related securities of Large Cap companies including derivatives. However there can be no
assurance that the investment objective of the scheme will be achieved.
Date of allotment: September 01, 1994
Fund Size: PORTFOLIO AS ON 31.12.2020
AUM as on 31/12/2020: ₹ 485.68 Cr
Average AUM for December 2020: ₹ 471.17 Cr
Company % of NAV Company % of NAV
Equity Holdings Bajaj Finserv Ltd. 3.01%
Load Structure: Auto 3.83% ICICI Lombard General Ins Co. Ltd. 1.06%
Entry Load - NIL
Maruti Suzuki India Ltd. 2.46% ICICI Prudential Life Ins Co Ltd. 0.98%
Exit Load
Ÿ 12% of the units allotted shall be redeemed or
Mahindra & Mahindra Ltd. 1.36% Petroleum Products 5.59%
switched out without any exit load, on or before Banks 23.61% Reliance Industries Ltd. 5.52%
completion of 12 months from the date of
allotment of units. HDFC Bank Ltd. 8.87% Reliance Industries Ltd. Partly Paid Up Fv2.5 0.07%
Ÿ 1% on remaining units if redeemed or switched ICICI Bank Ltd. 8.65%
out on or before completion of 12 months from Pharmaceuticals 5.66%
the date of allotment of units. Kotak Mahindra Bank Ltd. 6.09% Divi's Laboratories Ltd. 2.26%
Ÿ Nil, if redeemed or switched out after Cement 3.05%
completion of 12 months from the date of Torrent Pharmaceuticals Ltd. 1.58%
allotment of units. Shree Cement Ltd. 1.54%
Cipla Ltd. 0.76%
Ultratech Cement Ltd. 1.51%
Biocon Ltd. 0.75%
Benchmark: Nifty 100 TRI Construction Project 1.12%
Dr. Reddy's Laboratories Ltd. 0.30%
Minimum Investment (lumpsum): ₹ 5,000/- Larsen & Toubro Ltd. 1.12%
Retailing 5.58%
Consumer Durables 2.43%
Fund Manager: Avenue Supermarts Ltd. 5.58%
Titan Company Ltd. 2.43%
Name: Mr. Yogesh Patil;
Software 16.13%
Experience: 11+ years Consumer Non Durables 10.95%
Hindustan Unilever Ltd. 3.41% Infosys Ltd. 9.00%
Co-Fund Manager:
Name: Ms. Ritu Modi; Tata Consultancy Services Ltd. 6.18%
Nestle India Ltd. 2.12%
Experience: 9+ years
Asian Paints Ltd. 1.99% Wipro Ltd. 0.95%
NAV as on December 31, 2020: Tata Consumer Products Ltd. 1.79% Telecom - Services 2.86%
NAV Regular Plan Direct Plan Bharti Airtel Ltd. 2.86%
United Spirits Ltd. 1.64%
Growth ₹ 33.2713 ₹ 35.7934
Dividend ₹ 20.0932 ₹ 23.7473 Finance 16.13% Equity Holdings Total 96.94%
Bajaj Finance Ltd. 7.31% Cash & Other Receivables Total 3.06%
Expense Ratio:
HDFC Ltd. 3.77% Grand Total 100.00%
Regular: 2.61% Direct: 1.42%
(for detailed bifurcation on TER, please see page no 32) Top 10 holdings
Annual Portfolio Turnover Ratio: SCHEME PERFORMANCE
0.23 times
Value of lumpsum investment of ₹ 10,000/- invested
CAGR (%)
on inception date
Period
Risk Measures: Nifty 100 TRI* Nifty 100 TRI*
Scheme Nifty 50 TRI** Scheme Nifty 50 TRI**
Standard Deviation 5.63
Portfolio Beta 0.88 1 Year 13.77 16.03 16.09 11,381 11,608 11,614
Sharpe Ratio 0.1235 3 Years 9.61 9.98 11.28 13,180 13,314 13,790
5 Years 11.31 13.17 13.39 17,094 18,577 18,754
Since Inception 4.67 NA 10.45 33,271 NA 1,37,223
SECTOR ALLOCATION (% of NAV) Above returns are as on 31st December, 2020. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth
th
option. Mr. Yogesh Patil is managing the above scheme from 18 September, 2020 and total no. of schemes managed by him is 11. Also, Ms. Ritu Modi is co managing the above
scheme from 1st November, 2019 and total no. of schemes managed by her is 7. Past performance may or may not be sustained in the future. Load is not taken into
consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. As the scheme was launched before the launch of
23.61%
Banks the benchmark index, benchmark index figures since inception or the required period are not available.* Benchmark, ** Additional Benchmark. NA : Not Available. The
performance of the scheme is benchmarked to the Total Return variant of the index. For detailed disclaimer, please refer page no 33.
Finance 16.13%
Software 16.13%
Consumer Non Durables 10.95%
SIP PERFORMANCE
SIP Investments 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception*
Pharmaceuticals 5.66%
Total Amount Invested (₹) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 NA
Petroleum Products 5.59%
Market Value as on December 31, 2020 (₹) 1,51,221 4,61,062 8,34,272 12,71,607 22,34,142 NA
Retailing 5.58%
Returns (CAGR) (%) 51.50 16.73 13.14 11.64 11.94 NA
Auto 3.83%
Benchmark Returns (CAGR) (%) # 59.18 16.84 14.31 12.96 13.11 NA
Cement 3.05%
Additional Benchmark Returns (CAGR) (%) ## 60.66 17.61 14.89 13.10 12.91 NA
Telecom - Services 2.86% Above returns are as on 31 December, 2020. Past performance may or may not be sustained in the future. # Nifty 100 TRI, ## Nifty 50 TRI. Assuming ₹ 10,000/- invested
st
systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash by using XIRR method (investment
Consumer Durables 2.43%
internal rate of return) for Regular Plan - Growth Option. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative
Construction Project 1.12% purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any
returns. NA : Not Available. The performance of the scheme is benchmarked to the Total Return variant of the index. * Scheme data & TRI value of the Index are not available for
since inception, hence performance for such period is not available.
5 Factsheet January, 2021SCHEME FEATURES INVESTMENT OBJECTIVE
Scheme Type: An open ended equity scheme An open ended pure growth scheme seeking to provide capital growth by investing mainly in mix of equity
investing across Large Cap, Mid Cap, Small Cap instruments. The investment portfolio of the scheme will be constantly monitored and reviewed to optimize
stocks
capital growth. However, there is no assurance that the investment objective of the Schemes will be realized.
Date of Allotment: April 15, 1993 PORTFOLIO AS ON 31.12.2020
Fund Size: Company % of NAV Company % of NAV
AUM as on 31/12/2020: ₹ 355.70 Cr Equity Holdings ICICI Lombard General Insurance Co. Ltd. 0.81%
Average AUM for December 2020: ₹ 344.83 Cr Auto 2.35% CRISIL Ltd. 0.27%
Hero MotoCorp Ltd. 1.21% Gas 3.84%
Load Structure: Maruti Suzuki India Ltd. 1.14% Gujarat Gas Ltd. 1.86%
Entry Load - NIL Banks 22.87% Petronet LNG Ltd. 0.93%
Exit Load HDFC Bank Ltd. 8.60% Gujarat State Petronet Ltd. 0.63%
ICICI Bank Ltd. 7.91% Indraprastha Gas Ltd. 0.42%
Ÿ 12% of the units allotted shall be redeemed or
switched out without any exit load, on or before Kotak Mahindra Bank Ltd. 4.79% Hotels & Other Recreational Activities 0.71%
completion of 12 months from the date of City Union Bank Ltd. 0.98% The Indian Hotels Company Ltd. 0.71%
allotment of units. The Federal Bank Ltd. 0.59% Industrial Capital Goods 0.96%
Ÿ 1% on remaining units if redeemed or switched Commercial Services 1.02% Honeywell Automation India Ltd. 0.96%
out on or before completion of 12 months from 3M India Ltd. 1.02% Industrial Products 0.91%
the date of allotment of units. Construction Project 1.72% Huhtamaki India Ltd. 0.91%
Ÿ Nil, if redeemed or switched out after Ashoka Buildcon Ltd. 1.43% Non - Ferrous Metals 0.74%
completion of 12 months from the date of Sadbhav Engineering Ltd. 0.28% Hindalco Industries Ltd. 0.74%
allotment of units. Consumer Durables 3.62% Pharmaceuticals 8.40%
TTK Prestige Ltd. 1.11% Biocon Ltd. 2.89%
Titan Company Ltd. 1.08% Pfizer Ltd. 1.74%
Benchmark: Nifty 500 TRI
Relaxo Footwears Ltd. 0.75% Sanofi India Ltd. 1.62%
Minimum Investment (lumpsum): ₹ 5,000/- Johnson Controls-Hitachi AC India Ltd. 0.68% Abbott India Ltd. 1.24%
Consumer Non Durables 17.04% Alkem Laboratories Ltd. 0.91%
Hindustan Unilever Ltd. 5.88% Software 15.78%
Fund Manager:
Name: Mr. Yogesh Patil Nestle India Ltd. 4.45% Infosys Ltd. 7.35%
Experience: 11+ years Kansai Nerolac Paints Ltd. 2.71% Tata Consultancy Services Ltd. 5.90%
Asian Paints Ltd. 1.88% HCL Technologies Ltd. 1.46%
Dabur India Ltd. 1.31% Tech Mahindra Ltd. 1.07%
NAV as on December 31, 2020:
CCL Products (India) Ltd. 0.50% Telecom - Services 2.62%
NAV Regular Plan Direct Plan
Burger King India Ltd. 0.30% Bharti Airtel Ltd. 2.62%
Growth ₹ 56.0906 ₹ 59.3226 Transportation 2.50%
Fertilisers 4.83%
Dividend ₹ 18.3573 ₹ 22.2380 Coromandel International Ltd. 4.83% Container Co of India Ltd. 1.38%
Finance 7.46% Transport Co of India Ltd. 1.12%
Expense Ratio: HDFC Ltd. 4.39% Equity Holdings Total 97.36%
Regular: 2.55% Direct: 1.67% SBI Life Insurance Company Ltd. 1.11% Cash & Other Receivables Total 2.64%
(for detailed bifurcation on TER, please see page no 32)
ICICI Prudential Life Insurance Co Ltd. 0.89% Grand Total 100.00%
Top 10 holdings
Annual Portfolio Turnover Ratio:
0.40 times
SCHEME PERFORMANCE
Risk Measures: Value of lumpsum investment of ₹ 10,000/- invested
CAGR (%)
Period on inception date
Standard Deviation 5.47
Portfolio Beta 0.83 Scheme Nifty 500 TRI* Nifty 50 TRI** Scheme Nifty 500 TRI* Nifty 50 TRI**
Sharpe Ratio 0.0570 10.34 17.84 11,037 11,789 11,614
1 Year 16.09
3 Years 5.03 7.91 11.28 11,590 12,573 13,790
SECTOR ALLOCATION (% of NAV) 5 Years 8.26 12.70 13.39 14,879 18,193 18,754
Since Inception 6.42 NA 12.79 56,091 NA 2,81,238
Above returns are as on 31st December, 2020. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth
22.87%
Banks option. Mr. Yogesh Patil is managing the above scheme from 4th October 2018 and total no. of schemes managed by him is 11. Past performance may or may not be sustained in
the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. As the scheme was
Consumer Non Durables 17.04%
launched before the launch of the benchmark index, benchmark index figures since inception or the required period are not available.* Benchmark, ** Additional Benchmark.
Software 15.78% The performance of the scheme is benchmarked to the Total Return variant of the index. For detailed disclaimer, please refer page no 33.
Pharmaceuticals 8.40%
Finance 7.46%
Fertilisers 4.83% SIP PERFORMANCE
Gas 3.84%
Consumer Durables 3.62% SIP Investments 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception*
Telecom - Services 2.62% Total Amount Invested (₹) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 NA
Transportation 2.50% 1,46,721 4,40,535 7,76,977 11,46,073 19,42,564 NA
Market Value as on December 31, 2020 (₹)
Auto 2.35%
Returns (CAGR) (%) 43.70 13.55 10.27 8.73 9.31 NA
Construction Project 1.72%
Commercial Services 1.02% Benchmark Returns (CAGR) (%) # 61.54 16.51 13.72 12.72 13.05 NA
Industrial Capital Goods 0.96% 60.66 17.61 14.89 13.10 12.91 NA
Additional Benchmark Returns (CAGR) (%) ##
Industrial Products 0.91% Above returns are as on 31st December, 2020. Past performance may or may not be sustained in the future. # Nifty 500 TRI, ## Nifty 50 TRI. Assuming ₹ 10,000/- invested
Non - Ferrous Metals 0.74% systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash by using XIRR method (investment
Hotels & Other internal rate of return) for Regular Plan - Growth Option. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative
0.71% purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any
Recreational Activities
returns. NA: Not Available. The performance of the scheme is benchmarked to the Total Return variant of the index. * Scheme data & TRI value of the Index are not available for
since inception, hence performance for such period is not available.
6 Factsheet January, 2021SCHEME FEATURES INVESTMENT OBJECTIVE
To generate long term capital appreciation by investing substantially in a portfolio of equity and equity linked
Scheme Type: An open ended equity scheme
investing in both Large Cap and Mid Cap stocks instruments of large cap and midcap companies.
Date of Allotment: February 25, 2015 PORTFOLIO AS ON 31.12.2020
Fund Size: Company % of NAV Company % of NAV
AUM as on 31/12/2020: ₹ 930.42 Cr Equity Holdings Gas 1.75%
Average AUM for December 2020: ₹ 898.74 Cr Banks 17.50% Gujarat State Petronet Ltd. 0.94%
ICICI Bank Ltd. 7.29% Petronet LNG Ltd. 0.81%
HDFC Bank Ltd. 6.54% Healthcare Services 1.04%
Load Structure: Dr. Lal Path Labs Ltd. 1.04%
Kotak Mahindra Bank Ltd. 2.53%
Entry Load - NIL City Union Bank Ltd. 1.14% Hotels & Other Recreational Activities 1.40%
Exit Load Chemicals 10.08% The Indian Hotels Company Ltd. 1.40%
Ÿ 12% of the units allotted shall be redeemed or Tata Chemicals Ltd. 3.59% Industrial Products 1.09%
switched out without any exit load, on or before Atul Ltd. 2.36% Supreme Industries Ltd. 1.09%
completion of 12 months from the date of Vinati Organics Ltd. 2.21% Petroleum Products 2.65%
allotment of units. Navin Fluorine International Ltd. 1.58% Reliance Industries Ltd. 2.65%
Ÿ 1% on remaining units if redeemed or switched Sumitomo Chemical India Ltd. 0.33% Pharmaceuticals 11.49%
out on or before completion of 12 months from Commercial Services 1.52% Syngene International Ltd. 2.61%
the date of allotment of units. 3M India Ltd. 1.52% IPCA Laboratories Ltd. 2.46%
Ÿ Nil, if redeemed or switched out after Construction 1.44% Biocon Ltd. 2.22%
completion of 12 months from the date of Brigade Enterprises Ltd. 1.44%
allotment of units. Torrent Pharmaceuticals Ltd. 2.20%
Consumer Durables 7.83% Sanofi India Ltd. 1.98%
Voltas Ltd. 2.72% Retailing 6.14%
Benchmark: Nifty LargeMidcap 250 TRI Bata India Ltd. 2.03%
Avenue Supermarts Ltd. 3.09%
Crompton Greaves Cons Electrical Ltd. 0.96%
Trent Ltd. 1.81%
Minimum Investment (lumpsum): ₹ 5,000/- TTK Prestige Ltd. 0.83%
Aditya Birla Fashion & Retail Ltd. 1.16%
Titan Company Ltd. 0.79%
Aditya Birla Fashion & Retail Ltd. Partly Paid Fv5 0.08%
Fund Manager: Johnson Controls-Hitachi AC India Ltd. 0.51%
Software 13.99%
Name: Mr. Yogesh Patil Consumer Non Durables 7.10%
Infosys Ltd. 7.00%
Experience: 11+ years Tata Consumer Products Ltd. 2.99%
1.72% Tata Consultancy Services Ltd. 3.39%
Hindustan Unilever Ltd.
Nestle India Ltd. 1.18% Info Edge (India) Ltd. 1.44%
NAV as on December 31, 2020: Larsen & Toubro Infotech Ltd. 1.14%
NAV Regular Plan Direct Plan United Spirits Ltd. 0.80%
CCL Products (India) Ltd. 0.40% HCL Technologies Ltd. 1.02%
Growth ₹ 18.4495 ₹ 19.9137 Telecom - Services 1.84%
Fertilisers 1.66%
Dividend ₹ 16.2356 ₹ 17.2870 1.66% Bharti Airtel Ltd. 1.84%
Coromandel International Ltd.
Finance 6.35% Textile Products 1.84%
Expense Ratio: Bajaj Finance Ltd. 3.60% Page Industries Ltd. 1.84%
Regular: 2.37% Direct: 0.88% ICICI Securities Ltd. 0.96% Equity Holdings Total 96.71%
(for detailed bifurcation on TER, please see page no 32) SBI Life Insurance Company Ltd. 0.94% Cash & Other Receivables Total 3.29%
ICICI Lombard General Insurance Co. Ltd. 0.85% Grand Total 100.00%
Annual Portfolio Turnover Ratio: Top 10 holdings
0.38 times
SCHEME PERFORMANCE
Risk Measures:
Standard Deviation 6.30 Value of lumpsum investment of ₹ 10,000/-
CAGR (%)
Portfolio Beta 0.90 Period invested on inception date
Sharpe Ratio 0.0880 Scheme Nifty LargeMidcap 250 TRI*
Nifty 50
Scheme Nifty LargeMidcap 250 TRI* Nifty 50 TRI**
TRI**
1 Year 14.04 20.81 16.09 11,408 12,087 11,614
SECTOR ALLOCATION (% of NAV) 3 Years 6.30 6.70 11.28 12,018 12,155 13,790
5 Years 13.76 13.16 13.39 19,067 18,564 18,754
17.50% Since Inception 11.03 10.91 9.69 18,449 18,328 17,178
Banks
Above returns are as on 31st December, 2020. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth
Software 13.99% option. Mr. Yogesh Patil is managing the above scheme from 18th September, 2020 and total no. of schemes managed by him is 11. Date of allotment is 25th Feb’2015. Past
Pharmaceuticals 11.49% performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. NA : Not Available. The Mutual Fund is not
Chemicals 10.08% guaranteeing or promising or forecasting any returns. The performance of the scheme is benchmarked to the Total Return variant of the index.
* Benchmark. ** Additional Benchmark. NA : Not Available.
Consumer Durables 7.83%
Consumer Non Durables 7.10%
Finance 6.35%
SIP PERFORMANCE
Retailing 6.14%
Petroleum Products 2.65% SIP Investments 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception
Textile Products 1.84% Total Amount Invested (₹) 1,20,000 3,60,000 6,00,000 7,00,000
- -
Telecom - Services 1.84%
Market Value as on December 31, 2020 (₹) 1,50,984 4,51,845 8,37,749 - - 10,23,375
Gas 1.75%
Fertilisers 1.66% Returns (CAGR) (%) 51.09 15.31 13.31 - - 12.90
Commercial Services 1.52% Benchmark Returns (CAGR) (%) # 63.80 16.88 13.98 - - 13.37
Construction 1.44% 60.66 - - 13.83
Additional Benchmark Returns (CAGR) (%) ## 17.61 14.89
Hotels & Other 1.40%
Recreational Activities Above returns are as on 31 st December, 2020. Past performance may or may not be sustained in the future. # Nifty LargeMidcap 250 TRI, ## NIFTY 50 TRI. Assuming ₹
10,000/- invested systematically on the first Business Day of every month over a period of time.CAGR returns are computed after accounting for the cash by using XIRR
Industrial Products 1.09%
method (investment internal rate of return) for Regular Plan - Growth Option. Load is not taken into consideration for computation of performance. The above investment
Healthcare Services 1.04% simulation is for illustrative purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or
promising or forecasting any returns. Since inception returns are assumed to be starting from the beginning of the subsequent month from the date of inception. The
performance of the scheme is benchmarked to the Total Return variant of the index.
7 Factsheet January, 2021SCHEME FEATURES INVESTMENT OBJECTIVE
The investment objective of the scheme is to generate long-term capital appreciation for unit holders from a
Scheme Type: An open ended equity scheme
investing in banking & financial companies portfolio that in invested substantially in equity and equity related securities of companies engaged in
banking and financial services sector. However there can be no assurance that the investment objective of
Date of Allotment: March 27, 2015 the scheme will be achieved.
Fund Size:
AUM as on 31/12/2020: ₹ 60.57 Cr PORTFOLIO AS ON 31.12.2020
Average AUM for December 2020: ₹ 59.29 Cr
Company % of NAV
Load Structure: Equity Holdings
Entry Load - NIL
Banks 75.95%
Exit Load
Ÿ 12% of the units allotted shall be redeemed or HDFC Bank Ltd. 24.92%
switched out without any exit load, on or before
completion of 12 months from the date of ICICI Bank Ltd. 14.44%
allotment of units. Kotak Mahindra Bank Ltd. 11.67%
Ÿ 1% on remaining units if redeemed or switched
out on or before completion of 12 months from Axis Bank Ltd. 6.85%
the date of allotment of units.
City Union Bank Ltd. 5.22%
Ÿ Nil, if redeemed or switched out after
completion of 12 months from the date of State Bank of India 5.12%
allotment of units.
The Federal Bank Ltd. 4.98%
Benchmark: Nifty Financial Services TRI DCB Bank Ltd. 2.75%
Finance 17.62%
Minimum Investment (lumpsum): ₹ 5,000/-
HDFC Ltd. 8.04%
Fund Manager:
Name: Mr. Yogesh Patil ICICI Lombard General Insurance Co. Ltd. 2.55%
Experience: 11+ years Bajaj Finance Ltd. 2.02%
NAV as on December 31, 2020: Central Depository Services (I) Ltd. 1.73%
NAV Regular Plan Direct Plan
SBI Life Insurance Company Ltd. 1.65%
Growth ₹ 12.0407 ₹ 12.7796
Dividend ₹ 12.0388 ₹ 12.7341 ICICI Prudential Life Insurance Co Ltd. 1.63%
Equity Holdings Total 93.56%
Expense Ratio:
Regular: 2.62% Direct: 1.50%
Cash & Other Receivables Total 6.44%
(for detailed bifurcation on TER, please see page no 32) Grand Total 100.00%
Top 10 holdings
Annual Portfolio Turnover Ratio:
0.40 times
SCHEME PERFORMANCE
Risk Measures:
Value of lumpsum investment of ₹ 10,000/-
Standard Deviation 8.56 CAGR (%)
invested on inception date
Period
Portfolio Beta 0.96
Nifty Financial Nifty 50 TRI** Nifty Financial Nifty 50 TRI**
Sharpe Ratio -0.0036 Scheme Scheme
Services TRI* Services TRI*
1 Year -2.09 4.73 16.09 9,790 10,474 11,614
SECTOR ALLOCATION (% of NAV) 3 Years -1.27 13.75 11.28 9,624 14,734 13,790
5 Years 7.13 17.39 13.39 14,117 22,314 18,754
Since Inception 3.27 14.12 10.75 12,041 21,426 18,023
Banks 75.95% st
Above returns are as on 31 December, 2020. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth
option. Mr. Yogesh Patil is managing the above scheme from 4th October 2018 and total no. of schemes managed by him is 11. Date of allotment is 27th March'2015. Past
performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising
Finance 17.62% or forecasting any returns. * Benchmark, ** Additional Benchmark. NA : Not Available. The performance of the scheme is benchmarked to the Total Return variant of the index.
SIP PERFORMANCE
SIP Investments 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception
Total Amount Invested (₹) 1,20,000 3,60,000 6,00,000 - - 6,90,000
Market Value as on December 31, 2020 (₹) 1,52,350 4,17,951 7,09,052 - - 8,22,226
Returns (CAGR) (%) 53.48 9.93 6.61 - - 6.02
Benchmark Returns (CAGR) (%) # 66.84 18.80 17.94 - - 17.15
Additional Benchmark Returns (CAGR) (%) ## 60.66 17.61 14.89 - - 13.98
Above returns are as on 31 December, 2020. Past performance may or may not be sustained in the future. # Nifty Financial Services TRI, ## Nifty 50 TRI. Assuming ₹ 10,000/- invested systematically on the first Business Day of every month over a period of time.
st
CAGR returns are computed after accounting for the cash by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. Load is not taken into consideration for computation of performance. The above investment simulation is for
illustrative purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any returns. Since inception returns are assumed to be starting from the beginning of
the subsequent month from the date of inception. The performance of the scheme is benchmarked to the Total Return variant of the index.
8 Factsheet January, 2021SCHEME FEATURES INVESTMENT OBJECTIVE
To provide capital growth along with tax rebate and tax relief to our investors through prudent investments in
Scheme Type: An open ended equity linked
the stock markets. An open ended equity linked tax saving Scheme which offers investors the opportunity to
saving scheme with a statutory lock in of 3 years
and tax benefit. seek Tax rebate u/s 80C of the Income Tax Act 1961. However, there is no assurance that the investment
objective of the Schemes will be realized.
Date of Allotment: March 31,1997
PORTFOLIO AS ON 31.12.2020
Fund Size:
AUM as on 31/12/2020: ₹ 325.95 Cr Company % of NAV Company % of NAV
Average AUM for December 2020: ₹ 317.35 Cr Equity Holdings ICICI Lombard General Insurance Co. Ltd. 1.10%
Auto 2.93% ICICI Prudential Life Insurance Co Ltd. 0.97%
Maruti Suzuki India Ltd. 1.50% ICICI Securities Ltd. 0.76%
Load Structure:
Entry Load: Nil Mahindra & Mahindra Ltd. 1.43% Gas 1.07%
Banks 21.85% Petronet LNG Ltd. 1.07%
Exit Load: Nil (Subject to lock-in period of 3
ICICI Bank Ltd. 8.37% Hotels & Other Recreational Activities 1.46%
years)
HDFC Bank Ltd. 8.13% The Indian Hotels Company Ltd. 1.46%
Kotak Mahindra Bank Ltd. 4.18% Petroleum Products 2.97%
Benchmark: Nifty 500 TRI City Union Bank Ltd. 1.18% Reliance Industries Ltd. 2.97%
Cement 0.52% Pharmaceuticals 8.93%
Minimum Investment (lumpsum): ₹ 500/- Ultratech Cement Ltd. 0.52% IPCA Laboratories Ltd. 2.01%
Chemicals 6.08%
Fund Manager: Biocon Ltd. 1.68%
Tata Chemicals Ltd. 2.25%
Name: Mr. Yogesh Patil Divi's Laboratories Ltd. 1.62%
Vinati Organics Ltd. 2.16%
Experience: 11+ years Syngene International Ltd. 1.19%
Atul Ltd. 1.67%
Cipla Ltd. 0.93%
Construction 1.55%
NAV as on December 31, 2020: Sanofi India Ltd. 0.82%
Brigade Enterprises Ltd. 1.55%
NAV Regular Plan Direct Plan Torrent Pharmaceuticals Ltd. 0.69%
Consumer Durables 5.24%
Growth ₹ 79.5118 ₹ 86.0788 Retailing 7.17%
Titan Company Ltd. 1.69%
Dividend ₹ 18.9410 ₹ 21.3959 Avenue Supermarts Ltd. 4.30%
Voltas Ltd. 1.52%
Trent Ltd. 1.46%
Bata India Ltd. 1.50%
Crompton Greaves Cons Electrical Ltd. Aditya Birla Fashion & Retail Ltd. 1.32%
Expense Ratio: 0.53%
Consumer Non Durables 8.71% Aditya Birla Fashion & Retail Ltd. Partly Paid Fv5 0.09%
Regular: 2.50% Direct: 1.29% Software 16.56%
(for detailed bifurcation on TER, please see page no 32) Hindustan Unilever Ltd. 2.51%
Tata Consumer Products Ltd. 2.23% Infosys Ltd. 8.41%
Asian Paints Ltd. 1.27% Tata Consultancy Services Ltd. 4.99%
Annual Portfolio Turnover Ratio: United Spirits Ltd. 1.18% HCL Technologies Ltd. 1.60%
0.35 times Nestle India Ltd. Info Edge (India) Ltd. 1.56%
0.90%
Kansai Nerolac Paints Ltd. 0.61% Telecom - Services 2.49%
Risk Measures: Fertilisers 1.17% Bharti Airtel Ltd. 2.49%
Standard Deviation 6.20 Coromandel International Ltd. 1.17% Textile Products 1.02%
Portfolio Beta 0.92 Finance 8.65% Page Industries Ltd. 1.02%
Sharpe Ratio 0.0911 Bajaj Finance Ltd. 3.47% Equity Holdings Total 98.35%
HDFC Ltd. 1.23% Cash & Other Receivables Total 1.65%
SBI Life Insurance Company Ltd. 1.11% Grand Total 100.00%
Top 10 holdings
SECTOR ALLOCATION (% of NAV) SCHEME PERFORMANCE
Value of lumpsum investment of ₹ 10,000/-
CAGR (%)
Period invested on inception date
21.85%
Banks Scheme Nifty 500 TRI* Nifty 50 TRI** Scheme Nifty 500 TRI* Nifty 50 TRI**
Software 16.56% 1 Year 8.90 17.84 16.09 10,892 11,789 11,614
Pharmaceuticals 8.93% 3 Years 6.40 7.91 11.28 12,051 12,573 13,790
Consumer Non Durables 8.71% 5 Years 11.29 12.70 13.39 17,083 18,193 18,754
Finance 8.65% Since Inception 9.11 14.80 13.28 79,512 2,65,841 1,93,628
st
Retailing 7.17% Above returns are as on 31 December, 2020. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth
option. Mr. Yogesh Patil is managing the above scheme from 18th September 2020 and total no. of schemes managed by him is 1 1. Past performance may or may not be
Chemicals 6.08% sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns.
*Benchmark, **Additional Benchmark. The performance of the scheme is benchmarked to the Total Return variant of the index. For detailed disclaimer, please refer page no 33.
Consumer Durables 5.24%
Petroleum Products 2.97%
SIP PERFORMANCE
Auto 2.93%
Telecom - Services 2.49%
SIP Investments 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception*
Total Amount Invested (₹) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 NA
Construction 1.55%
Market Value as on December 31, 2020 (₹) 1,49,852 4,41,260 8,10,752 12,57,414 22,74,586 NA
Hotels & Other
1.46%
Recreational Activities 11.98 11.32 12.28 NA
Returns (CAGR) (%) 49.12 13.66
Fertilisers 1.17%
Benchmark Returns (CAGR) (%) # 61.54 16.51 13.72 12.72 13.05 NA
Gas 1.07%
Additional Benchmark Returns (CAGR) (%) ## 60.66 17.61 14.89 13.10 12.91 NA
Textile Products 1.02% Above returns are as on 31st December, 2020. Past performance may or may not be sustained in the future. # Nifty 500 TRI, ## Nifty 50 TRI. Assuming ₹ 10,000/- invested
systematically on the first Business Day of every month over a period of time.CAGR returns are computed after accounting for the cash by using XIRR method (investment
Cement 0.52%
internal rate of return) for Regular Plan - Growth Option. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative
purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any
returns. NA: Not Available. The performance of the scheme is benchmarked to the Total Return variant of the index. * Scheme data & TRI value of the Index are not available for
since inception, hence performance for such period is not available.
9 Factsheet January, 2021SCHEME FEATURES INVESTMENT OBJECTIVE
The investment objective of the scheme is to generate long-term growth from a portfolio of equity / equity
Scheme Type: An open ended equity scheme
investing in infrastructure companies. related instruments of companies engaged either directly or indirectly in the infrastructure sector. However,
there is no assurance that the investment objective of the Schemes will be realized.
Date of Allotment: March 24, 2008
PORTFOLIO AS ON 31.12.2020
Fund Size:
AUM as on 31/12/2020: ₹ 54.71 Cr Company % of NAV Company % of NAV
Average AUM for December 2020: ₹ 54.41 Cr
Equity Holdings Petronet LNG Ltd. 5.05%
Load Structure: Banks 21.00% Gujarat State Petronet Ltd. 3.85%
Entry Load - NIL
HDFC Bank Ltd. 7.10% Industrial Capital Goods 1.49%
Exit Load
Ÿ 12% of the units allotted shall be redeemed or ICICI Bank Ltd. 6.48% Honeywell Automation India Ltd. 1.49%
switched out without any exit load, on or before City Union Bank Ltd. 3.31%
completion of 12 months from the date of Industrial Products 5.43%
allotment of units. State Bank of India 2.07%
SKF India Ltd. 5.43%
Ÿ 1% on remaining units if redeemed or switched
out on or before completion of 12 months from Axis Bank Ltd. 2.04%
Non - Ferrous Metals 3.97%
the date of allotment of units. Cement 20.70%
Ÿ Nil, if redeemed or switched out after Hindalco Industries Ltd. 3.97%
completion of 12 months from the date of Ultratech Cement Ltd. 7.72%
allotment of units. Petroleum Products 7.25%
The Ramco Cements Ltd. 6.42%
Reliance Industries Ltd. 6.93%
JK Lakshmi Cement Ltd. 3.06%
Benchmark: Nifty Infrastructure TRI Reliance Industries Ltd. Partly Paid Up Fv2.5 0.32%
ACC Ltd. 2.37%
Minimum Investment (lumpsum): ₹ 5,000/- Telecom - Services 5.67%
Orient Cement Ltd. 1.13%
Bharti Airtel Ltd. 5.67%
Fund Manager: Construction 9.88%
Name: Mr. Yogesh Patil Transportation 5.21%
KNR Constructions Ltd. 5.47%
Experience: 11+ years
Brigade Enterprises Ltd. 4.41% Container Co of India Ltd. 2.34%
NAV as on December 31, 2020: Transport Co of India Ltd. 1.50%
Construction Project 3.91%
NAV Regular Plan Direct Plan
Growth ₹ 15.1609 ₹ 16.3918 Larsen & Toubro Ltd. 2.71% Blue Dart Express Ltd. 1.24%
Dividend ₹ 15.1617 ₹ 16.1853 Ashoka Buildcon Ltd. 1.20% TCI Express Ltd. 0.13%
Finance 4.12% Equity Holdings Total 97.53%
Expense Ratio:
Regular: 2.49% Direct: 1.22% HDFC Ltd. 4.12% Cash & Other Receivables Total 2.47%
(for detailed bifurcation on TER, please see page no 32)
Gas 8.90% Grand Total 100.00%
Top 10 holdings
Annual Portfolio Turnover Ratio:
0.18 times
SCHEME PERFORMANCE
Risk Measures:
Standard Deviation 6.89 Value of lumpsum investment of ₹ 10,000/-
CAGR (%)
Portfolio Beta 0.97 Period invested on inception date
Sharpe Ratio -0.0016 Nifty Infrastructure Nifty Infrastructure
Scheme Nifty 50 TRI** Scheme Nifty 50 TRI**
TRI* TRI*
1 Year -0.13 14.30 16.09 9,987 11,434 11,614
3 Years -1.15 2.06 11.28 9,657 10,633 13,790
5 Years 6.07 7.47 13.39 13,434 14,340 18,754
Since Inception 3.31 0.51 10.38 15,161 10,670 35,346
SECTOR ALLOCATION (% of NAV) Above returns are as on 31st December, 2020. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth
option. Mr. Yogesh Patil managing the above scheme from 18th September 2020 and total no. of schemes managed by him is 11. Past performance may or may not be
sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. *
Benchmark, ** Additional Benchmark. The performance of the scheme is benchmarked to the Total Return variant of the index.
21.00%
Banks
Cement 20.70%
SIP PERFORMANCE
Construction 9.88%
Gas 8.90% SIP Investments 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception
Petroleum Products 7.25% Total Amount Invested (₹) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 15,30,000
Telecom - Services 5.67% Market Value as on December 31, 2020 (₹) 1,44,623 4,03,811 7,04,118 10,42,407 17,32,529 23,55,603
Industrial Products 5.43% Returns (CAGR) (%) 40.11 7.59 6.33 6.07 7.13 6.51
Transportation 5.21% Benchmark Returns (CAGR) (%) # 45.99 12.06 8.96 7.03 6.46 4.86
Finance 4.12% Additional Benchmark Returns (CAGR) (%) ## 60.66 17.61 14.89 13.10 12.91 12.53
Non - Ferrous Metals 3.97% Above returns are as on 31 December, 2020. Past performance may or may not be sustained in the future. # Nifty Infrastructure TRI, ## Nifty 50 TRI. Assuming ₹ 10,000/-
st
invested systematically on the first Business Day of every month over a period of time.CAGR returns are computed after accounting for the cash by using XIRR method
Construction Project 3.91%
(investment internal rate of return) for Regular Plan - Growth Option. Load is not taken into consideration for computation of performance. The above investment simulation is
Industrial Capital Goods 1.49% for illustrative purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or
forecasting any returns. Since inception returns are assumed to be starting from the beginning of the subsequent month from the date of inception. The performance of the
scheme is benchmarked to the Total Return variant of the index.
10 Factsheet January, 2021SCHEME FEATURES INVESTMENT OBJECTIVE
The main investment objective of the fund is to generate returns commensurate with the performance of the
Scheme Type: An open ended scheme
replicating/tracking S&P BSE Sensex Index index S&P BSE Sensex based on the plans by investing in the respective index stocks subject to tracking
errors. However, there is no assurance that the investment objective of the Schemes will be realized.
Date of Allotment: December 05, 2002
Fund Size: PORTFOLIO AS ON 31.12.2020
AUM as on 31/12/2020: ₹ 29.98 Cr
Average AUM for December 2020: ₹ 29.43 Cr
Company % of NAV Company % of NAV
Equity Holdings HDFC Ltd. 8.87%
Load Structure: Auto 4.07% Bajaj Finance Ltd. 2.68%
Entry Load: Nil
Maruti Suzuki India Ltd. 1.92% Bajaj Finserv Ltd. 1.00%
Exit Load:
• 0.25% if redeemed or switch out on or before Mahindra & Mahindra Ltd. 1.30% Oil 0.62%
completion of 7 Days from the date of allotment Bajaj Auto Ltd. 0.85%
of units Oil & Natural Gas Co Ltd. 0.62%
• Nil after 7 days Banks 29.24% Petroleum Products 12.30%
HDFC Bank Ltd. 11.25% Reliance Industries Ltd. 12.30%
Benchmark: S&P BSE Sensex TRI ICICI Bank Ltd. 6.89%
Pharmaceuticals 2.42%
Kotak Mahindra Bank Ltd. 5.02%
Minimum Investment (lumpsum): ₹ 5,000/- Sun Pharmaceutical Industries Ltd. 1.22%
Axis Bank Ltd. 3.12%
Dr. Reddy's Laboratories Ltd. 1.20%
Fund Manager:
State Bank of India 2.01%
Name: Ms. Ritu Modi Power 1.81%
Experience: 9+ years IndusInd Bank Ltd. 0.95%
Power Grid Co of India Ltd. 0.91%
Cement 1.15%
NAV as on December 31, 2020: NTPC Ltd. 0.90%
Ultratech Cement Ltd. 1.15%
NAV Regular Plan Direct Plan Software 17.76%
Growth ₹ 88.7834 ₹ 92.3827 Construction Project 3.01%
Dividend ₹ 30.4317 ₹ 30.9769 Infosys Ltd. 8.88%
Larsen & Toubro Ltd. 3.01%
Tata Consultancy Services Ltd. 5.78%
Consumer Durables 1.23%
Expense Ratio: HCL Technologies Ltd. 1.96%
Titan Company Ltd. 1.23%
Regular: 1.08% Direct: 0.58%
(for detailed bifurcation on TER, please see page no 32) Consumer Non Durables 11.18% Tech Mahindra Ltd. 1.14%
Hindustan Unilever Ltd. 4.07% Telecom - Services 2.33%
Annual Portfolio Turnover Ratio: Bharti Airtel Ltd. 2.33%
ITC Ltd. 3.48%
0.29 times
Asian Paints Ltd. 2.37% Equity Holdings Total 99.69%
Risk Measures: Nestle India Ltd. 1.26% Cash & Other Receivables Total 0.31%
Tracking Error 0.43%
Finance 12.55% Grand Total 100.00%
Top 10 holdings
SECTOR ALLOCATION (% of NAV) SCHEME PERFORMANCE
Value of lumpsum investment of ₹ 10,000/-
CAGR (%)
Period invested on inception date
29.24%
Banks Scheme S&P BSE Sensex TRI* Nifty 50 TRI** Scheme S&P BSE Sensex TRI* Nifty 50 TRI**
Software 17.76% 1 Year 15.89 17.11 16.09 11,593 11,716 11,614
Finance 12.55% 3 Years 11.93 13.22 11.28 14,036 14,530 13,790
Petroleum Products 12.30% 5 Years 12.67 14.25 13.39 18,166 19,479 18,754
Consumer Non Durables 11.18% Since Inception 13.44 17.80 17.01 97,869 1,93,386 1,71,233
Auto 4.07% st
Above returns are as on 31 December, 2020. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth
option. Ms. Ritu Modi is managing the above scheme from 1st November, 2019 and total no. of schemes managed by her is 7. Past performance may or may not be sustained in
Construction Project 3.01% the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. * Benchmark, **
Additional Benchmark. The performance of the scheme is benchmarked to the Total Return variant of the index. For detailed disclaimer, please refer page no 33.
Pharmaceuticals 2.42%
Telecom - Services 2.33%
SIP PERFORMANCE
Power 1.81%
SIP Investments 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception
Consumer Durables 1.23%
Total Amount Invested (₹) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 21,60,000
Cement 1.15%
Market Value as on December 31, 2020 (₹) 1,55,910 4,68,778 8,71,620 13,12,995 22,40,991 67,41,360
Oil 0.62%
Returns (CAGR) (%) 59.75 17.90 14.91 12.53 12.00 11.48
Benchmark Returns (CAGR) (%) # 61.90 19.07 16.27 14.01 13.58 14.41
Additional Benchmark Returns (CAGR) (%) ## 60.66 17.61 14.89 13.10 12.91 13.81
Above returns are as on 31 December, 2020. Past performance may or may not be sustained in the future. # S&P BSE SENSEX TRI, ## NIFTY 50 TRI. Assuming ₹ 10,000/-
st
invested systematically on the first Business Day of every month over a period of time.CAGR returns are computed after accounting for the cash by using XIRR method
(investment internal rate of return) for Regular Plan - Growth Option. Load is not taken into consideration for computation of performance. The above investment simulation is
for illustrative purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or
forecasting any returns. Since inception returns are assumed to be starting from the beginning of the subsequent month from the date of inception. The performance of the
scheme is benchmarked to the Total Return variant of the index.
11 Factsheet January, 2021SCHEME FEATURES INVESTMENT OBJECTIVE
Scheme Type: An open ended scheme The main investment objective of the fund is to generate returns commensurate with the performance of the
replicating/tracking Nifty 50 Index index Nifty based on the plans by investing in the respective index stocks subject to tracking errors. However,
there is no assurance that the investment objective of the Schemes will be realized.
Date of Allotment: December 05, 2002
Fund Size: PORTFOLIO AS ON 31.12.2020
AUM as on 31/12/2020: ₹ 30.88 Cr Company % of NAV Company % of NAV
Average AUM for December 2020: ₹ 29.91 Cr Equity Holdings HDFC Life Insurance Company Ltd. 0.86%
Auto 5.32% SBI Life Insurance Company Ltd. 0.57%
Load Structure: Maruti Suzuki India Ltd. 1.71% Gas 0.38%
Entry Load: Nil Mahindra & Mahindra Ltd. 1.12% GAIL (India) Ltd. 0.38%
Exit Load: Bajaj Auto Ltd. 0.73% Minerals/Mining 0.44%
• 0.25% if redeemed or switch out on or before Hero MotoCorp Ltd. 0.67% Coal India Ltd. 0.44%
completion of 7 Days from the date of allotment Eicher Motors Ltd. 0.56% Non - Ferrous Metals 0.56%
of units Tata Motors Ltd. 0.52% Hindalco Industries Ltd. 0.56%
• Nil after 7 days Banks 26.46% Oil 0.53%
HDFC Bank Ltd. 10.38% Oil & Natural Gas Co Ltd. 0.53%
ICICI Bank Ltd. 6.14% Pesticides 0.42%
Benchmark: Nifty 50 TRI Kotak Mahindra Bank Ltd. 4.84% UPL Ltd. 0.42%
Axis Bank Ltd. 2.55% Petroleum Products 11.50%
Minimum Investment (lumpsum): ₹ 5,000/- State Bank of India 1.74% Reliance Industries Ltd. 10.67%
IndusInd Bank Ltd. 0.81% Bharat Petroleum Co Ltd. 0.48%
Fund Manager: Yes Bank Ltd. 0.00% Indian Oil Co Ltd. 0.35%
Name: Ms. Ritu Modi Cement 2.14% Pharmaceuticals 3.67%
Experience: 9+ years Ultratech Cement Ltd. 1.04% Dr. Reddy's Laboratories Ltd. 1.08%
Grasim Industries Ltd. 0.59% Sun Pharmaceutical Industries Ltd. 1.04%
Shree Cement Ltd. 0.51% Divi's Laboratories Ltd. 0.85%
NAV as on December 31, 2020: Construction Project 2.59% Cipla Ltd. 0.69%
NAV Regular Plan Direct Plan Larsen & Toubro Ltd. 2.59% Power 1.56%
Growth ₹ 77.0819 ₹ 80.2254 Consumer Durables 1.09% Power Grid Co of India Ltd. 0.79%
Dividend ₹ 28.4351 ₹ 29.5657 Titan Company Ltd. 1.09% NTPC Ltd. 0.77%
Consumer Non Durables 10.47% Software 16.27%
Hindustan Unilever Ltd. 3.57% Infosys Ltd. 7.65%
Expense Ratio:
ITC Ltd. 3.02% Tata Consultancy Services Ltd. 5.01%
Regular: 1.03% Direct: 0.48%
Asian Paints Ltd. 2.07% HCL Technologies Ltd. 1.70%
(for detailed bifurcation on TER, please see page no 32)
Nestle India Ltd. 1.11% Tech Mahindra Ltd. 0.97%
Britannia Industries Ltd. 0.70% Wipro Ltd. 0.93%
Annual Portfolio Turnover Ratio: Ferrous Metals 1.38% Telecom - Services 2.04%
0.30 times Tata Steel Ltd. 0.77% Bharti Airtel Ltd. 2.04%
JSW Steel Ltd. 0.61% Transportation 0.56%
Risk Measures: Finance 12.24% Adani Ports & Special Economic Zone Ltd. 0.56%
Tracking Error 0.39% HDFC Ltd. 7.63% Equity Holdings Total 99.62%
Bajaj Finance Ltd. 2.32% Cash & Other Receivables Total 0.38%
Bajaj Finserv Ltd. 0.87% Grand Total 100.00%
Top 10 holdings
SECTOR ALLOCATION (% of NAV) SCHEME PERFORMANCE
Value of lumpsum investment of ₹ 10,000/-
CAGR (%)
Period invested on inception date
26.46% Scheme NIFTY 50 TRI* S&P BSE Sensex TRI** Scheme NIFTY 50 TRI* S&P BSE Sensex TRI**
Banks
Software 16.27% 1 Year 14.65 16.09 17.11 11,469 11,614 11,716
Finance 12.24% 3 Years 9.80 11.28 13.22 13,248 13,790 14,530
Petroleum Products 11.50% 5 Years 11.82 13.39 14.25 17,490 18,754 19,479
Consumer Non Durables 10.47% Since Inception 12.56 17.01 17.80 84,933 1,71,233 1,93,386
Auto 5.32% Above returns are as on 31st December, 2020. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth
option. Ms. Ritu Modi is managing the above scheme from 1st November, 2019 and total no. of schemes managed by her is 7. Past performance may or may not be sustained in
Pharmaceuticals 3.67% the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. *Benchmark,
**Additional Benchmark. The performance of the scheme is benchmarked to the Total Return variant of the index. For detailed disclaimer, please refer page no 33.
Construction Project 2.59%
Cement 2.14%
Telecom - Services 2.04% SIP PERFORMANCE
Power 1.56% SIP Investments 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception
Ferrous Metals 1.38% Total Amount Invested (₹) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 21,60,000
Consumer Durables 1.09% Market Value as on December 31, 2020 (₹) 1,55,253 4,58,736 8,40,932 12,72,366 21,75,875 63,10,528
Non - Ferrous Metals 0.56% 58.59 16.37 13.46 11.65
Returns (CAGR) (%) 11.45 10.86
Transportation 0.56%
Benchmark Returns (CAGR) (%) # 60.66 17.61 14.89 13.10 12.91 13.81
Oil 0.53%
Additional Benchmark Returns (CAGR) (%) ## 61.90 19.07 16.27 14.01 13.58 14.41
Minerals/Mining 0.44%
Above returns are as on 31 December, 2020. Past performance may or may not be sustained in the future. # NIFTY 50 TRI, ## S&P BSE SENSEX TRI. Assuming ₹ 10,000/-
st
Pesticides 0.42% invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash by using XIRR method
Gas 0.38% (investment internal rate of return) for Regular Plan - Growth Option. Load is not taken into consideration for computation of performance. The above investment simulation is
for illustrative purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or
forecasting any returns. Since inception returns are assumed to be starting from the beginning of the subsequent month from the date of inception. The performance of the
scheme is benchmarked to the Total Return variant of the index.
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