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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
₹43 Cr
down ₹2.5 Cr vs Sep 2021
- Stocks held
- 48
- down 15 vs Sep 2021
- Top 10 weight
- 45.1%
- of the portfolio in its ten largest
- Cash & debt
- 1.1%
- cash, money market and debt
- Moves this month
- 8 in · 23 out
- added to 10, trimmed 13
Shriram Long Term Equity Fund is an active equity fund in the ELSS (tax saving) category from Shriram Mutual Fund. In March 2022 it disclosed 48 stocks worth ₹43 Cr, down ₹2.5 Cr from Sep 2021. Its largest positions were Bharti Airtel Limited (5.7%), Reliance Industries Limited (5.7%), ICICI Bank Limited (5.3%); the ten largest together made up 45.1% of the portfolio, and Banks was the biggest sector at 16.4% of its equity. Cash and debt stood at 1.1%. Compared with Sep 2021 the fund entered 8 new stocks and exited 23.
Against 47 other ELSS (tax saving) funds
Concentration
68%
Top-10 weight is higher than 68% of peers
Breadth
38%
Holds more stocks than 38% of peers
Cash
11%
Holds more cash than 11% of peers
What these mean: concentration · cash
Holdings in March 2022
Download CSVEvery line the fund disclosed, with the change against Sep 2021. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Bharti Airtel Limited | 5.73% | up 1.83 pts | ₹2.5 Cr | up ₹69 L | Added |
| Reliance Industries Limited | 5.69% | up 5.69 pts | ₹2.4 Cr | up ₹2.4 Cr | New |
| ICICI Bank Limited | 5.29% | up 0.30 pts | ₹2.3 Cr | up ₹1 L | Held |
| HDFC Bank Limited | 5.25% | down 0.95 pts | ₹2.3 Cr | down ₹56 L | Trimmed |
| Infosys Limited | 4.69% | up 0.79 pts | ₹2 Cr | up ₹24 L | Added |
| Tata Consultancy Services Limited | 4.35% | up 1.59 pts | ₹1.9 Cr | up ₹62 L | Added |
| ITC Limited | 4.20% | up 0.25 pts | ₹1.8 Cr | up ₹1 L | Added |
| TTK Prestige Limited | 3.66% | up 2.45 pts | ₹1.6 Cr | up ₹1 Cr | Added |
| Housing Development Finance Corporation Limited | 3.40% | down 0.30 pts | ₹1.5 Cr | down ₹22 L | Trimmed |
| Kotak Mahindra Bank Limited | 2.88% | down 0.44 pts | ₹1.2 Cr | down ₹27 L | Trimmed |
| HDFC Life Insurance Company Limited | 2.75% | up 0.35 pts | ₹1.2 Cr | up ₹9 L | Added |
| State Bank of India | 2.66% | down 0.51 pts | ₹1.1 Cr | down ₹30 L | Trimmed |
| SBI Life Insurance Company Limited | 2.56% | up 0.15 pts | ₹1.1 Cr | up ₹0 L | Held |
| Trent Limited | 2.48% | up 2.48 pts | ₹1.1 Cr | up ₹1.1 Cr | New |
| Cholamandalam Investment and Finance Company Limited | 2.38% | up 1.37 pts | ₹1 Cr | up ₹56 L | Added |
| Solar Industries India Limited | 2.21% | up 1.36 pts | ₹95 L | up ₹56 L | Added |
| Tata Motors Limited | 1.98% | up 0.74 pts | ₹85 L | up ₹29 L | Added |
| UltraTech Cement Limited | 1.96% | up 0.46 pts | ₹84 L | up ₹16 L | Added |
| Gland Pharma Limited | 1.95% | up 1.20 pts | ₹84 L | up ₹50 L | Added |
| VIP Industries Limited | 1.94% | down 0.23 pts | ₹84 L | down ₹15 L | Trimmed |
| Krishna Institute Of Medical Sciences Limited | 1.90% | up 1.90 pts | ₹82 L | up ₹82 L | New |
| Ashok Leyland Limited | 1.85% | up 0.61 pts | ₹80 L | up ₹23 L | Added |
| Larsen & Toubro Limited | 1.85% | up 0.34 pts | ₹80 L | up ₹11 L | Added |
| VARDHMAN TEXTILES LTD. Vardhman Textiles Limited · history in this fund | 1.60% | up 0.59 pts | ₹69 L | up ₹23 L | Added |
| Kajaria Ceramics Limited | 1.47% | up 1.42 pts | ₹63 L | up ₹61 L | Added |
| PI Industries Limited | 1.44% | down 0.25 pts | ₹62 L | down ₹15 L | Trimmed |
| ICICI Prudential Life Insurance Company Limited | 1.44% | up 0.33 pts | ₹62 L | up ₹12 L | Added |
| V.S.T Tillers Tractors Limited | 1.42% | down 0.09 pts | ₹61 L | down ₹7 L | Trimmed |
| Gujarat Gas Limited | 1.41% | up 1.41 pts | ₹61 L | up ₹61 L | New |
| Hindustan Unilever Limited | 1.36% | down 1.06 pts | ₹59 L | down ₹51 L | Trimmed |
| Stylam Industries Limited | 1.36% | up 1.36 pts | ₹59 L | up ₹59 L | New |
| NOCIL Limited | 1.26% | up 0.35 pts | ₹54 L | up ₹13 L | Added |
| Bajaj Finance Limited | 1.25% | down 0.52 pts | ₹54 L | down ₹27 L | Trimmed |
| Shree Cement Limited | 1.23% | down 0.04 pts | ₹53 L | down ₹5 L | Trimmed |
| Cash, TREPS & receivables | 1.13% | down 1.46 pts | ₹49 L | down ₹69 L | Trimmed |
| ACC Limited | 1.13% | up 0.01 pts | ₹48 L | down ₹2 L | Trimmed |
| SRF Limited | 1.10% | up 0.12 pts | ₹47 L | up ₹3 L | Added |
| Central Depository Services (India) Limited | 1.09% | up 0.38 pts | ₹47 L | up ₹14 L | Added |
| Dabur India Limited | 1.06% | down 1.16 pts | ₹45 L | down ₹56 L | Trimmed |
| Computer Age Management Services Limited | 1.02% | up 1.02 pts | ₹44 L | up ₹44 L | New |
| Sun Pharmaceutical Industries Limited | 0.99% | up 0.48 pts | ₹43 L | up ₹19 L | Added |
| Hero MotoCorp Limited | 0.97% | up 0.16 pts | ₹42 L | up ₹5 L | Added |
| Ajanta Pharma Limited | 0.67% | down 0.16 pts | ₹29 L | down ₹9 L | Trimmed |
| Cipla Limited | 0.67% | up 0.16 pts | ₹29 L | up ₹6 L | Added |
| ICICI Prudential Liquid Fund - Direct Plan - Growth Fund units | 0.58% | up 0.58 pts | ₹25 L | up ₹25 L | New |
| Balrampur Chini Mills Limited | 0.47% | up 0.47 pts | ₹20 L | up ₹20 L | New |
| Bharti Airtel Limited | 0.25% | up 0.25 pts | ₹11 L | up ₹11 L | New |
| (c) Securitised Debt Debt | 0.00% | — | ₹0 L | — | Held |
| (b) Privately placed/Unlisted Debt | 0.00% | — | ₹0 L | — | Held |
| (b) Other- Current Assets | 0.00% | — | ₹0 L | — | Held |
What changed, Sep 2021 to Mar 2022
New New positions (8)
- Reliance Industries Limited5.7% · ₹2.4 Cr
- Trent Limited2.5% · ₹1.1 Cr
- Krishna Institute Of Medical Sciences Limited1.9% · ₹82 L
- Gujarat Gas Limited1.4% · ₹61 L
- Stylam Industries Limited1.4% · ₹59 L
- Computer Age Management Services Limited1.0% · ₹44 L
- Balrampur Chini Mills Limited0.5% · ₹20 L
- Bharti Airtel Limited0.3% · ₹11 L
Exited Exited (23)
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 2021, the weight rose most in Consumer Durables (+3.7 pts) and Retailing (+2.5 pts), and fell most in Banks (−3.9 pts) and Auto Components (−1.6 pts).
- Consumer Durables4.8% → 8.6%+3.7 pts
- Retailing0.0% → 2.5%new+2.5 pts
- Telecom - Services4.0% → 6.1%+2.1 pts
- Healthcare Services0.0% → 1.9%new+1.9 pts
- Capital Markets0.7% → 2.1%+1.4 pts
- Textiles - Cotton1.0% → 1.6%+0.6 pts
- Banks20.3% → 16.4%−3.9 pts
- Auto Components1.6% → 0.0%exited−1.6 pts
- Cement & Cement Products5.7% → 4.4%−1.3 pts
- Personal Products2.3% → 1.1%−1.2 pts
- Beverages1.1% → 0.0%exited−1.1 pts
- Pharmaceuticals & Biotechnology5.4% → 4.4%−1.0 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 | Mar 2021 | Sep 2021 | Sep 2021 | Sep 2021 | Mar 2022 |
|---|---|---|---|---|---|
| Banks | 20.6% | 20.3% | 20.3% | 20.3% | 16.4% |
| IT - Software | 11.6% | 9.3% | 9.3% | 9.3% | 9.2% |
| Consumer Durables | 2.4% | 4.8% | 4.8% | 4.8% | 8.6% |
| Finance | 5.9% | 6.7% | 6.7% | 6.7% | 7.2% |
| Insurance | 6.1% | 6.4% | 6.4% | 6.4% | 6.9% |
| Telecom - Services | 3.5% | 4.0% | 4.0% | 4.0% | 6.1% |
| Petroleum Products | 4.3% | 5.4% | 5.4% | 5.4% | 5.8% |
| Diversified FMCG | 5.0% | 6.5% | 6.5% | 6.5% | 5.7% |
| Chemicals & Petrochemicals | 2.4% | 4.4% | 4.4% | 4.4% | 4.7% |
| Cement & Cement Products | 4.8% | 5.7% | 5.7% | 5.7% | 4.4% |
Allocation in Mar 2022change vs Sep 2021
- Banks (4)16.4%▼ 3.9 pts
- IT - Software (2)9.2%▼ 0.1 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 2022
1.1%
▼ 1.6 pts vs Sep 2021
- Cash alone
- 1.1%
- cash and net receivables
- A year earlier
- 0.8%
- Mar 2021 · now ▲ 0.3 pts
- Last 12 months
- 1.1% – 2.7%
- 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.