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Shriram Long Term Equity Fund
Disclosed for 8 months, Sep 2019 to Sep 2023. This scheme is no longer reporting.Published as: Shriram Long Term Equity Fund (An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit)
Portfolio value
₹36.7 Cr
down ₹3.8 Cr vs Sep 2022
- Stocks held
- 40
- down 1 vs Sep 2022
- Top 10 weight
- 57.3%
- of the portfolio in its ten largest
- Cash & debt
- 11.5%
- cash, money market and debt
- Moves this month
- 6 in · 7 out
- added to 9, trimmed 22
Shriram Long Term Equity Fund is an active equity fund in the ELSS (tax saving) category from Shriram Mutual Fund. In March 2023 it disclosed 40 stocks worth ₹36.7 Cr, down ₹3.8 Cr from Sep 2022. Its largest positions were ICICI Bank Limited (9.0%), Reliance Industries Limited (8.8%), REC Limited (7.4%); the ten largest together made up 57.3% of the portfolio, and Banks was the biggest sector at 29.0% of its equity. Cash and debt stood at 11.5%. Compared with Sep 2022 the fund entered 6 new stocks and exited 7.
Against 47 other ELSS (tax saving) funds
Concentration
94%
Top-10 weight is higher than 94% of peers
Breadth
26%
Holds more stocks than 26% of peers
Cash
98%
Holds more cash than 98% of peers
Holdings in March 2023
Download CSVEvery line the fund disclosed, with the change against Sep 2022. Click a column to sort; click a company to see every fund that owns it.
- Weight
- 8.98%
- Δ weight
- up 0.99 pts
- Value
- ₹3.3 Cr
- Δ value
- up ₹6 L
- Status
- Added
- Weight
- 8.81%
- Δ weight
- up 0.67 pts
- Value
- ₹3.2 Cr
- Δ value
- down ₹6 L
- Status
- Trimmed
- REC LimitedDebt
- Weight
- 7.35%
- Δ weight
- up 7.35 pts
- Value
- ₹2.7 Cr
- Δ value
- up ₹2.7 Cr
- Status
- New
- Weight
- 7.14%
- Δ weight
- up 1.43 pts
- Value
- ₹2.6 Cr
- Δ value
- up ₹31 L
- Status
- Added
- Weight
- 6.46%
- Δ weight
- up 0.67 pts
- Value
- ₹2.4 Cr
- Δ value
- up ₹2 L
- Status
- Added
- Weight
- 4.71%
- Δ weight
- up 0.39 pts
- Value
- ₹1.7 Cr
- Δ value
- down ₹2 L
- Status
- Trimmed
- Weight
- 4.68%
- Δ weight
- up 0.71 pts
- Value
- ₹1.7 Cr
- Δ value
- up ₹11 L
- Status
- Added
- Cash, TREPS & receivables
- Weight
- 4.15%
- Δ weight
- down 0.73 pts
- Value
- ₹1.5 Cr
- Δ value
- down ₹45 L
- Status
- Trimmed
- Weight
- 3.68%
- Δ weight
- up 0.83 pts
- Value
- ₹1.4 Cr
- Δ value
- up ₹20 L
- Status
- Added
- Weight
- 2.88%
- Δ weight
- up 0.32 pts
- Value
- ₹1.1 Cr
- Δ value
- up ₹2 L
- Status
- Added
- Weight
- 2.60%
- Δ weight
- up 0.17 pts
- Value
- ₹95 L
- Δ value
- down ₹3 L
- Status
- Trimmed
- Weight
- 2.57%
- Δ weight
- up 0.32 pts
- Value
- ₹94 L
- Δ value
- up ₹3 L
- Status
- Added
- Weight
- 2.44%
- Δ weight
- up 0.54 pts
- Value
- ₹90 L
- Δ value
- up ₹13 L
- Status
- Added
- Weight
- 2.34%
- Δ weight
- up 0.11 pts
- Value
- ₹86 L
- Δ value
- down ₹5 L
- Status
- Trimmed
- Weight
- 2.34%
- Δ weight
- down 0.07 pts
- Value
- ₹86 L
- Δ value
- down ₹12 L
- Status
- Trimmed
- Weight
- 2.29%
- Δ weight
- down 0.10 pts
- Value
- ₹84 L
- Δ value
- down ₹13 L
- Status
- Trimmed
- Weight
- 2.06%
- Δ weight
- up 0.13 pts
- Value
- ₹75 L
- Δ value
- down ₹3 L
- Status
- Trimmed
- Weight
- 1.94%
- Δ weight
- down 0.10 pts
- Value
- ₹71 L
- Δ value
- down ₹12 L
- Status
- Trimmed
- Weight
- 1.93%
- Δ weight
- down 2.16 pts
- Value
- ₹71 L
- Δ value
- down ₹95 L
- Status
- Trimmed
- Weight
- 1.78%
- Δ weight
- down 0.33 pts
- Value
- ₹65 L
- Δ value
- down ₹20 L
- Status
- Trimmed
- Weight
- 1.75%
- Δ weight
- down 0.21 pts
- Value
- ₹64 L
- Δ value
- down ₹15 L
- Status
- Trimmed
- Weight
- 1.59%
- Δ weight
- down 0.42 pts
- Value
- ₹58 L
- Δ value
- down ₹23 L
- Status
- Trimmed
- Weight
- 1.53%
- Δ weight
- down 0.08 pts
- Value
- ₹56 L
- Δ value
- down ₹9 L
- Status
- Trimmed
- Weight
- 1.47%
- Δ weight
- up 0.19 pts
- Value
- ₹54 L
- Δ value
- up ₹2 L
- Status
- Added
- Weight
- 1.35%
- Δ weight
- down 0.28 pts
- Value
- ₹49 L
- Δ value
- down ₹16 L
- Status
- Trimmed
- Weight
- 1.32%
- Δ weight
- up 0.03 pts
- Value
- ₹49 L
- Δ value
- down ₹4 L
- Status
- Trimmed
- Weight
- 1.10%
- Δ weight
- down 0.34 pts
- Value
- ₹40 L
- Δ value
- down ₹18 L
- Status
- Trimmed
- Weight
- 1.09%
- Δ weight
- down 1.10 pts
- Value
- ₹40 L
- Δ value
- down ₹49 L
- Status
- Trimmed
- Weight
- 1.01%
- Δ weight
- up 1.01 pts
- Value
- ₹37 L
- Δ value
- up ₹37 L
- Status
- New
- Weight
- 1.01%
- Δ weight
- up 1.01 pts
- Value
- ₹37 L
- Δ value
- up ₹37 L
- Status
- New
- Weight
- 0.95%
- Δ weight
- down 0.10 pts
- Value
- ₹35 L
- Δ value
- down ₹7 L
- Status
- Trimmed
- Weight
- 0.89%
- Δ weight
- down 0.59 pts
- Value
- ₹33 L
- Δ value
- down ₹27 L
- Status
- Trimmed
- Weight
- 0.84%
- Δ weight
- down 0.15 pts
- Value
- ₹31 L
- Δ value
- down ₹9 L
- Status
- Trimmed
- Weight
- 0.57%
- Δ weight
- down 0.91 pts
- Value
- ₹21 L
- Δ value
- down ₹39 L
- Status
- Trimmed
- Weight
- 0.50%
- Δ weight
- up 0.50 pts
- Value
- ₹18 L
- Δ value
- up ₹18 L
- Status
- New
- Weight
- 0.49%
- Δ weight
- up 0.49 pts
- Value
- ₹18 L
- Δ value
- up ₹18 L
- Status
- New
- Weight
- 0.48%
- Δ weight
- up 0.48 pts
- Value
- ₹18 L
- Δ value
- up ₹18 L
- Status
- New
- Weight
- 0.41%
- Δ weight
- up 0.41 pts
- Value
- ₹15 L
- Δ value
- up ₹15 L
- Status
- New
- Weight
- 0.38%
- Δ weight
- down 1.90 pts
- Value
- ₹14 L
- Δ value
- down ₹78 L
- Status
- Trimmed
- ICICI Prudential Liquid Fund - Direct Plan - GrowthFund units
- Weight
- 0.09%
- Δ weight
- up 0.01 pts
- Value
- ₹3 L
- Δ value
- up ₹0 L
- Status
- Added
- (a) Short Term Deposits (Maturity not exceeding 91 Days)
- Weight
- 0.00%
- Δ weight
- —
- Value
- ₹0 L
- Δ value
- —
- Status
- Held
- (b) Other- Current Assets
- Weight
- 0.00%
- Δ weight
- —
- Value
- ₹0 L
- Δ value
- —
- Status
- Held
- (c) Securitised DebtDebt
- Weight
- 0.00%
- Δ weight
- —
- Value
- ₹0 L
- Δ value
- —
- Status
- Held
- (b) Privately placed/UnlistedDebt
- Weight
- 0.00%
- Δ weight
- —
- Value
- ₹0 L
- Δ value
- —
- Status
- Held
- (b) Unlisted
- Weight
- 0.00%
- Δ weight
- —
- Value
- ₹0 L
- Δ value
- —
- Status
- Held
What changed, Sep 2022 to Mar 2023
New New positions (6)
- ICICI Prudential Life Insurance Company Limited1.0% · ₹37 L
- LTIMindtree Limited1.0% · ₹37 L
- Cipla Limited0.5% · ₹18 L
- Avenue Supermarts Limited0.5% · ₹18 L
- GAIL (India) Limited0.5% · ₹18 L
- Shree Cement Limited0.4% · ₹15 L
Exited Exited (7)
- Bharti Airtel Limitedwas 2.3% · ₹92 L
- Ashok Leyland Limitedwas 1.9% · ₹76 L
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Sep 2022, the weight rose most in Banks (+4.8 pts) and IT - Software (+3.4 pts), and fell most in Chemicals & Petrochemicals (−2.8 pts) and Telecom - Services (−2.7 pts).
- Banks24.2% → 29.0%+4.8 pts
- IT - Software11.3% → 14.7%+3.4 pts
- Petroleum Products8.6% → 10.0%+1.4 pts
- Insurance2.5% → 3.8%+1.3 pts
- Pharmaceuticals & Biotechnology2.4% → 3.5%+1.1 pts
- Aerospace & Defense4.0% → 5.1%+1.1 pts
- Chemicals & Petrochemicals8.6% → 5.8%−2.8 pts
- Telecom - Services2.7% → 0.0%exited−2.7 pts
- Finance9.3% → 6.8%−2.4 pts
- Agricultural, Commercial & Construction Vehicles2.0% → 0.0%exited−2.0 pts
- Software1.6% → 0.0%exited−1.6 pts
- Transport Services1.4% → 0.0%exited−1.4 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Sep 2019 | Mar 2022 | Sep 2022 | Sep 2022 | Sep 2022 | Mar 2023 |
|---|---|---|---|---|---|---|
| Banks | 19.2% | 16.4% | 24.2% | 24.2% | 24.2% | 29.0% |
| IT - Software | 3.5% | 9.2% | 11.3% | 11.3% | 11.3% | 14.7% |
| Petroleum Products | 4.8% | 5.8% | 8.6% | 8.6% | 8.6% | 10.0% |
| Finance | 8.6% | 7.2% | 9.3% | 9.3% | 9.3% | 6.8% |
| Chemicals & Petrochemicals | 5.2% | 4.7% | 8.6% | 8.6% | 8.6% | 5.8% |
| Aerospace & Defense | — | — | 4.0% | 4.0% | 4.0% | 5.1% |
| Diversified FMCG | 5.9% | 5.7% | 4.6% | 4.6% | 4.6% | 4.7% |
| Consumer Durables | 16.0% | 8.6% | 4.2% | 4.2% | 4.2% | 4.3% |
| Insurance | 4.5% | 6.9% | 2.5% | 2.5% | 2.5% | 3.8% |
| Auto Components | 2.7% | — | 3.5% | 3.5% | 3.5% | 3.7% |
Allocation in Mar 2023change vs Sep 2022
- Banks (5)29.0%▲ 4.8 pts
- IT - Software (4)14.7%
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal.
Cash & debt, Mar 2023
11.5%
▲ 6.6 pts vs Sep 2022
- Cash alone
- 4.2%
- cash and net receivables
- A year earlier
- 1.1%
- Mar 2022 · now ▲ 10.4 pts
- Last 12 months
- 4.9% – 11.5%
- lowest to highest · record 11.5% in Mar 2023
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.