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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
₹35.7 Cr
up ₹8.5 Cr vs Sep 2020
- Stocks held
- 60
- up 8 vs Sep 2020
- Top 10 weight
- 42.2%
- of the portfolio in its ten largest
- Cash & debt
- 0.8%
- cash, money market and debt
- Moves this month
- 20 in · 12 out
- added to 10, trimmed 12
Shriram Long Term Equity Fund is an active equity fund in the ELSS (tax saving) category from Shriram Mutual Fund. In March 2021 it disclosed 60 stocks worth ₹35.7 Cr, up ₹8.5 Cr from Sep 2020. Its largest positions were HDFC Bank Limited (7.2%), ICICI Bank Limited (5.3%), Infosys Limited (5.1%); the ten largest together made up 42.2% of the portfolio, and Banks was the biggest sector at 20.6% of its equity. Cash and debt stood at 0.8%. Compared with Sep 2020 the fund entered 20 new stocks and exited 12.
Against 47 other ELSS (tax saving) funds
Concentration
53%
Top-10 weight is higher than 53% of peers
Breadth
64%
Holds more stocks than 64% of peers
Cash
4%
Holds more cash than 4% of peers
What these mean: concentration · cash
Holdings in March 2021
Download CSVEvery line the fund disclosed, with the change against Sep 2020. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| HDFC Bank Limited | 7.22% | up 3.00 pts | ₹2.6 Cr | up ₹1.4 Cr | Added |
| ICICI Bank Limited | 5.28% | up 0.56 pts | ₹1.9 Cr | up ₹60 L | Added |
| Infosys Limited | 5.14% | up 0.49 pts | ₹1.8 Cr | up ₹57 L | Added |
| Housing Development Finance Corporation Limited | 4.28% | up 0.15 pts | ₹1.5 Cr | up ₹40 L | Added |
| Reliance Industries Limited | 4.26% | down 0.73 pts | ₹1.5 Cr | up ₹16 L | Added |
| Tata Consultancy Services Limited | 3.65% | up 1.17 pts | ₹1.3 Cr | up ₹63 L | Added |
| Kotak Mahindra Bank Limited | 3.52% | up 2.04 pts | ₹1.3 Cr | up ₹85 L | Added |
| Bharti Airtel Limited | 3.47% | up 1.36 pts | ₹1.2 Cr | up ₹66 L | Added |
| Hindustan Unilever Limited | 2.78% | up 2.55 pts | ₹99 L | up ₹93 L | Added |
| Dabur India Limited | 2.64% | up 1.48 pts | ₹94 L | up ₹63 L | Added |
| HCL Technologies Limited | 2.60% | up 1.32 pts | ₹93 L | up ₹58 L | Added |
| HDFC Life Insurance Company Limited | 2.49% | down 0.82 pts | ₹89 L | down ₹1 L | Trimmed |
| State Bank of India | 2.47% | up 1.50 pts | ₹88 L | up ₹62 L | Added |
| PI Industries Limited | 2.31% | down 0.50 pts | ₹83 L | up ₹6 L | Added |
| Abbott India Limited | 2.27% | down 1.69 pts | ₹81 L | down ₹27 L | Trimmed |
| NTPC Limited | 2.23% | down 1.38 pts | ₹80 L | down ₹19 L | Trimmed |
| Hero MotoCorp Limited | 2.10% | down 0.39 pts | ₹75 L | up ₹7 L | Added |
| ITC Limited | 2.09% | up 1.45 pts | ₹74 L | up ₹57 L | Added |
| Aurobindo Pharma Limited | 1.96% | down 0.52 pts | ₹70 L | up ₹2 L | Added |
| SBI Life Insurance Company Limited | 1.77% | up 0.77 pts | ₹63 L | up ₹36 L | Added |
| ICICI Lombard General Insurance Company Limited | 1.70% | down 0.87 pts | ₹61 L | down ₹9 L | Trimmed |
| Axis Bank Limited | 1.69% | up 0.73 pts | ₹60 L | up ₹34 L | Added |
| Shree Cement Limited | 1.65% | up 1.19 pts | ₹59 L | up ₹46 L | Added |
| Escorts Kubota Limited | 1.62% | up 1.62 pts | ₹58 L | up ₹58 L | New |
| Sanofi India Limited | 1.54% | down 1.04 pts | ₹55 L | down ₹15 L | Trimmed |
| Bajaj Finance Limited | 1.51% | down 0.34 pts | ₹54 L | up ₹3 L | Added |
| UltraTech Cement Limited | 1.36% | up 0.77 pts | ₹49 L | up ₹32 L | Added |
| ICICI Prudential Liquid Fund - Direct Plan - Growth Fund units | 1.26% | down 3.34 pts | ₹45 L | down ₹80 L | Trimmed |
| ACC Limited | 1.20% | up 0.93 pts | ₹43 L | up ₹35 L | Added |
| SRF Limited | 1.09% | up 0.59 pts | ₹39 L | up ₹25 L | Added |
| KEC International Limited | 1.08% | up 1.08 pts | ₹39 L | up ₹39 L | New |
| Alembic Pharmaceuticals Limited | 1.05% | down 1.48 pts | ₹38 L | down ₹31 L | Trimmed |
| Apollo Tyres Limited | 1.04% | up 1.04 pts | ₹37 L | up ₹37 L | New |
| Bajaj Auto Limited | 1.03% | up 1.03 pts | ₹37 L | up ₹37 L | New |
| Jubilant Pharmova Limited | 0.98% | down 1.29 pts | ₹35 L | down ₹27 L | Trimmed |
| Exide Industries Limited | 0.97% | up 0.97 pts | ₹35 L | up ₹35 L | New |
| Nestle India Limited | 0.96% | down 0.21 pts | ₹34 L | up ₹2 L | Added |
| Biocon Limited | 0.93% | down 0.18 pts | ₹33 L | up ₹3 L | Added |
| HDFC Asset Management Company Limited | 0.86% | down 2.90 pts | ₹31 L | down ₹72 L | Trimmed |
| Cash, TREPS & receivables | 0.84% | down 3.75 pts | ₹30 L | down ₹95 L | Trimmed |
| Endurance Technologies Limited | 0.84% | up 0.84 pts | ₹30 L | up ₹30 L | New |
| Pfizer Limited | 0.80% | down 0.34 pts | ₹29 L | down ₹2 L | Trimmed |
| Cipla Limited | 0.79% | up 0.79 pts | ₹28 L | up ₹28 L | New |
| Maruti Suzuki India Limited | 0.78% | up 0.35 pts | ₹28 L | up ₹16 L | Added |
| Ajanta Pharma Limited | 0.73% | down 0.44 pts | ₹26 L | down ₹6 L | Trimmed |
| Asian Paints Limited | 0.70% | up 0.70 pts | ₹25 L | up ₹25 L | New |
| Sheela Foam Limited | 0.63% | up 0.63 pts | ₹22 L | up ₹22 L | New |
| Avenue Supermarts Limited | 0.62% | down 0.26 pts | ₹22 L | down ₹2 L | Trimmed |
| Jubilant Ingrevia Limited | 0.61% | up 0.61 pts | ₹22 L | up ₹22 L | New |
| NOCIL Limited | 0.60% | up 0.60 pts | ₹22 L | up ₹22 L | New |
What changed, Sep 2020 to Mar 2021
New New positions (20)
- Escorts Kubota Limited1.6% · ₹58 L
- KEC International Limited1.1% · ₹39 L
- Apollo Tyres Limited1.0% · ₹37 L
- Bajaj Auto Limited1.0% · ₹37 L
- Exide Industries Limited1.0% · ₹35 L
- Endurance Technologies Limited0.8% · ₹30 L
- Cipla Limited0.8% · ₹28 L
- Asian Paints Limited0.7% · ₹25 L
- Sheela Foam Limited0.6% · ₹22 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 2020, the weight rose most in Banks (+7.0 pts) and Diversified FMCG (+4.0 pts), and fell most in Pharmaceuticals & Biotechnology (−10.4 pts) and Petroleum Products (−9.1 pts).
- Banks13.6% → 20.6%+7.0 pts
- Diversified FMCG0.9% → 5.0%+4.0 pts
- Cement & Cement Products1.5% → 4.8%+3.4 pts
- Auto Components0.0% → 2.9%new+2.9 pts
- Consumer Durables0.0% → 2.4%new+2.4 pts
- IT - Software9.3% → 11.6%+2.4 pts
- Pharmaceuticals & Biotechnology21.7% → 11.3%−10.4 pts
- Petroleum Products13.4% → 4.3%−9.1 pts
- Capital Markets4.1% → 0.9%−3.3 pts
- Power4.0% → 2.3%−1.7 pts
- Insurance7.6% → 6.1%−1.5 pts
- Finance6.7% → 5.9%−0.8 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 | Sep 2020 | Sep 2020 | Sep 2020 | Mar 2021 |
|---|---|---|---|---|---|
| Banks | 19.2% | 13.6% | 13.6% | 13.6% | 20.6% |
| IT - Software | 3.5% | 9.3% | 9.3% | 9.3% | 11.6% |
| Pharmaceuticals & Biotechnology | 4.5% | 21.7% | 21.7% | 21.7% | 11.3% |
| Insurance | 4.5% | 7.6% | 7.6% | 7.6% | 6.1% |
| Finance | 8.6% | 6.7% | 6.7% | 6.7% | 5.9% |
| Diversified FMCG | 5.9% | 0.9% | 0.9% | 0.9% | 5.0% |
| Cement & Cement Products | — | 1.5% | 1.5% | 1.5% | 4.8% |
| Petroleum Products | 4.8% | 13.4% | 13.4% | 13.4% | 4.3% |
| Automobiles | 5.2% | 3.2% | 3.2% | 3.2% | 4.0% |
| Telecom - Services | 1.3% | 2.3% | 2.3% | 2.3% | 3.5% |
Allocation in Mar 2021change vs Sep 2020
- Banks (5)20.6%▲ 7.0 pts
- IT - Software (3)11.6%▲ 2.4 pts
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. More on reading cash.
Cash & debt, Mar 2021
0.8%
▼ 3.7 pts vs Sep 2020
- Cash alone
- 0.8%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 0.8% – 4.6%
- lowest to highest · record 4.6% in Sep 2020
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.