Loading…
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
₹35.6 Cr
down ₹1 Cr vs Mar 2023
- Stocks held
- 62
- up 22 vs Mar 2023
- Top 10 weight
- 33.1%
- of the portfolio in its ten largest
- Largest position
- 7.5%
- REC Limited
- Cash & debt
- 8.7%
- cash, money market and debt
- Moves this month
- 47 in · 25 out
- added to 2, trimmed 10
Shriram Long Term Equity Fund is an active equity fund in the ELSS (tax saving) category from Shriram Mutual Fund. In September 2023 it disclosed 62 stocks worth ₹35.6 Cr, down ₹1 Cr from Mar 2023. Its largest positions were REC Limited (7.5%), HDFC Bank Limited (3.6%), Reliance Industries Limited (3.5%); the ten largest together made up 33.1% of the portfolio, and Banks was the biggest sector at 15.1% of its equity. Cash and debt stood at 8.7%. Compared with Mar 2023 the fund entered 47 new stocks and exited 25.
Against 47 other ELSS (tax saving) funds
Concentration
15%
Top-10 weight is higher than 15% of peers
Breadth
68%
Holds more stocks than 68% of peers
Cash
94%
Holds more cash than 94% of peers
Holdings in September 2023
Download CSVEvery line the fund disclosed, with the change against Mar 2023. Click a column to sort; click a company to see every fund that owns it.
| REC Limited Debt | 7.53% | up 0.18 pts | ₹2.7 Cr | down ₹1 L | Held |
| HDFC Bank Limited | 3.56% | down 3.58 pts | ₹1.3 Cr | down ₹1.3 Cr | Trimmed |
| Reliance Industries Limited | 3.51% | down 5.31 pts | ₹1.2 Cr | down ₹2 Cr | Trimmed |
| REC Limited | 3.24% | up 3.24 pts | ₹1.2 Cr | up ₹1.2 Cr | New |
| Power Finance Corporation Limited | 2.93% | up 2.93 pts | ₹1 Cr | up ₹1 Cr | New |
| Larsen & Toubro Limited | 2.60% | down 0.28 pts | ₹93 L | down ₹13 L | Trimmed |
| Punjab National Bank | 2.55% | up 1.45 pts | ₹91 L | up ₹50 L | Added |
| Sundaram Finance Limited | 2.43% | up 2.43 pts | ₹87 L | up ₹87 L | New |
| Exide Industries Limited | 2.43% | up 2.43 pts | ₹86 L | up ₹86 L | New |
| Infosys Limited | 2.36% | down 4.09 pts | ₹84 L | down ₹1.5 Cr | Trimmed |
| CG Power and Industrial Solutions Limited | 2.36% | up 2.36 pts | ₹84 L | up ₹84 L | New |
| HCL Technologies Limited | 2.36% | up 2.36 pts | ₹84 L | up ₹84 L | New |
| Sun Pharmaceutical Industries Limited | 2.33% | down 0.24 pts | ₹83 L | down ₹11 L | Trimmed |
| Jindal Stainless Limited | 2.22% | up 2.22 pts | ₹79 L | up ₹79 L | New |
| Lupin Limited | 2.15% | up 2.15 pts | ₹77 L | up ₹77 L | New |
| NTPC Limited | 2.15% | up 2.15 pts | ₹76 L | up ₹76 L | New |
| ICICI Bank Limited | 2.02% | down 6.96 pts | ₹72 L | down ₹2.6 Cr | Trimmed |
| State Bank of India | 1.97% | down 2.75 pts | ₹70 L | down ₹1 Cr | Trimmed |
| Trent Limited | 1.95% | up 1.95 pts | ₹70 L | up ₹70 L | New |
| Zydus Lifesciences Limited | 1.95% | up 1.95 pts | ₹69 L | up ₹69 L | New |
| Polycab India Limited | 1.87% | up 1.87 pts | ₹67 L | up ₹67 L | New |
| TATA MOTORS LTD. | 1.80% | up 1.80 pts | ₹64 L | up ₹64 L | New |
| ITC Limited | 1.76% | down 0.02 pts | ₹63 L | down ₹3 L | Trimmed |
| Axis Bank Limited | 1.75% | down 1.93 pts | ₹62 L | down ₹73 L | Trimmed |
| TVS Motor Company Limited | 1.74% | up 1.74 pts | ₹62 L | up ₹62 L | New |
| UltraTech Cement Limited | 1.73% | up 1.73 pts | ₹62 L | up ₹62 L | New |
| Hindustan Aeronautics Limited | 1.70% | up 1.70 pts | ₹61 L | up ₹61 L | New |
| Bharat Forge Limited | 1.70% | up 1.70 pts | ₹60 L | up ₹60 L | New |
| Sundram Fasteners Limited | 1.67% | up 1.67 pts | ₹60 L | up ₹60 L | New |
| Bharat Heavy Electricals Limited | 1.65% | up 1.65 pts | ₹59 L | up ₹59 L | New |
| IDFC First Bank Limited | 1.45% | up 1.45 pts | ₹52 L | up ₹52 L | New |
| LTIMindtree Limited | 1.37% | up 0.36 pts | ₹49 L | up ₹12 L | Added |
| Rail Vikas Nigam Limited | 1.33% | up 1.33 pts | ₹47 L | up ₹47 L | New |
| Apar Industries Limited | 1.32% | up 1.32 pts | ₹47 L | up ₹47 L | New |
| NCC Limited | 1.32% | up 1.32 pts | ₹47 L | up ₹47 L | New |
| Mazagon Dock Shipbuilders Limited | 1.32% | up 1.32 pts | ₹47 L | up ₹47 L | New |
| Cyient Limited | 1.30% | up 1.30 pts | ₹46 L | up ₹46 L | New |
| Oracle Financial Services Software Limited | 1.29% | up 1.29 pts | ₹46 L | up ₹46 L | New |
| Zensar Technologies Limited | 1.25% | up 1.25 pts | ₹45 L | up ₹45 L | New |
| IDFC LTD. | 1.25% | up 1.25 pts | ₹45 L | up ₹45 L | New |
| Escorts Kubota Limited | 1.24% | up 1.24 pts | ₹44 L | up ₹44 L | New |
| Sonata Software Limited | 1.20% | up 1.20 pts | ₹43 L | up ₹43 L | New |
| Cash, TREPS & receivables | 1.12% | down 3.03 pts | ₹40 L | down ₹1.1 Cr | Trimmed |
| KEI Industries Limited | 0.96% | up 0.96 pts | ₹34 L | up ₹34 L | New |
| Finolex Cables Limited | 0.95% | up 0.95 pts | ₹34 L | up ₹34 L | New |
| Cera Sanitaryware Limited | 0.79% | up 0.79 pts | ₹28 L | up ₹28 L | New |
| ZF Commercial Vehicle Control Systems India Limited | 0.77% | up 0.77 pts | ₹27 L | up ₹27 L | New |
| Linde India Limited | 0.77% | up 0.77 pts | ₹27 L | up ₹27 L | New |
| GMR Airports Limited | 0.75% | up 0.75 pts | ₹27 L | up ₹27 L | New |
| Dr. Reddy's Laboratories Limited | 0.74% | up 0.74 pts | ₹26 L | up ₹26 L | New |
What changed, Mar 2023 to Sep 2023
New New positions (47)
- REC Limited3.2% · ₹1.2 Cr
- Power Finance Corporation Limited2.9% · ₹1 Cr
- Sundaram Finance Limited2.4% · ₹87 L
- Exide Industries Limited2.4% · ₹86 L
- CG Power and Industrial Solutions Limited2.4% · ₹84 L
- HCL Technologies Limited2.4% · ₹84 L
- Jindal Stainless Limited2.2% · ₹79 L
- Lupin Limited2.2% · ₹77 L
- NTPC Limited2.1% · ₹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 Mar 2023, the weight rose most in Industrial Products (+6.7 pts) and Electrical Equipment (+5.8 pts), and fell most in Banks (−13.9 pts) and Petroleum Products (−6.1 pts).
- Industrial Products0.0% → 6.7%new+6.7 pts
- Electrical Equipment0.0% → 5.8%new+5.8 pts
- Finance6.8% → 12.4%+5.5 pts
- Pharmaceuticals & Biotechnology3.5% → 7.9%+4.4 pts
- Construction3.3% → 5.8%+2.5 pts
- Ferrous Metals0.0% → 2.4%new+2.4 pts
- Banks29.0% → 15.1%−13.9 pts
- Petroleum Products10.0% → 3.8%−6.1 pts
- Chemicals & Petrochemicals5.8% → 0.8%−5.0 pts
- IT - Software14.7% → 10.8%−3.9 pts
- Insurance3.8% → 0.0%exited−3.8 pts
- Aerospace & Defense5.1% → 1.9%−3.2 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 2020 | Sep 2022 | Mar 2023 | Mar 2023 | Mar 2023 | Sep 2023 |
|---|---|---|---|---|---|---|
| Banks | 13.6% | 24.2% | 29.0% | 29.0% | 29.0% | 15.1% |
| Finance | 6.7% | 9.3% | 6.8% | 6.8% | 6.8% | 12.4% |
| IT - Software | 9.3% | 11.3% | 14.7% | 14.7% | 14.7% | 10.8% |
| Pharmaceuticals & Biotechnology | 21.7% | 2.4% | 3.5% | 3.5% | 3.5% | 7.9% |
| Industrial Products | — | — | — | — | — | 6.7% |
| Electrical Equipment | — | — | — | — | — | 5.8% |
| Construction | — | 2.7% | 3.3% | 3.3% | 3.3% | 5.8% |
| Auto Components | — | 3.5% | 3.7% | 3.7% | 3.7% | 5.3% |
| Petroleum Products | 13.4% | 8.6% | 10.0% | 10.0% | 10.0% | 3.8% |
| Ferrous Metals | — | — | — | — | — | 2.4% |
Allocation in Sep 2023change vs Mar 2023
- Banks (7)15.1%▼ 13.9 pts
- Finance (7)12.4%
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, Sep 2023
8.7%
▼ 2.8 pts vs Mar 2023
- Cash alone
- 1.0%
- cash and net receivables
- A year earlier
- 4.9%
- Sep 2022 · now ▲ 3.8 pts
- Last 12 months
- 8.7% – 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.