| Tata Hybrid Equity Fund (An open ended hybrid scheme investing predominantly in equity & equity related instruments.) |
| Tata Hybrid Equity Fund (An open ended hybrid scheme investing predominantly in equity & equity related instruments.) |
As on 31st May 2024
|
INVESTMENT STYLE:
MINIMUM INVESTMENT/
MULTIPLES FOR NEW INVESTMENT:
MULTIPLES FOR EXISTING INVESTORS:
Please refer to our Tata Mutual Fund website for fundamental changes, wherever applicable
Invests 65% to 80% investment in Equity & equity related instruments & 20% to 35% in debt & money market instruments. For taxation purpose, it is treated as an equity scheme. (Monthly Income is not assured and is subject to availability of distributable surplus.)
INVESTMENT OBJECTIVE:The investment objective of the Scheme is to provide income distribution and or capital appreciation over medium to long term. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
DATE OF ALLOTMENT:October 8, 1995
FUND MANAGER(S)Satish Chandra Mishra (Managing Since 01-Nov-19 and overall experience of 17 years) (Equity) & Murthy Nagarajan (Managing since 01-Apr-17 and overall experience of 27 years) (Debt)
BENCHMARK:CRISIL Hybrid 35+65 Aggressive Index
NAV| Direct - Growth | : 447.3834 |
| Direct - IDCW | : 105.0670 |
| Direct - Monthly IDCW | : 99.3879 |
| Reg - Growth | : 402.7362 |
| Reg - IDCW | : 89.0828 |
| Reg - Monthly IDCW | : 85.6667 |
| FUND SIZE | |
| Rs. 3740.61 (Rs. in Cr.) | |
| MONTHLY AVERAGE AUM | |
| Rs. 3741.61 (Rs. in Cr.) | |
| TURN OVER | |
| Portfolio Turnover (Equity component only) | 17.24% |
| EXPENSE RATIO** | |
| Direct | 1.01 |
| Regular | 1.93 |
| **Note: The rates specified are actual month end expenses charged as on May 31, 2024. The above ratio includes the Service tax on Investment Management Fees. The above ratio excludes, borrowing cost, wherever applicable. | |
| VOLATILITY MEASURES^ | FUND | BENCHMARK |
| Std. Dev (Annualised) | 9.20 | 8.72 |
| Sharpe Ratio | 0.73 | 0.69 |
| Portfolio Beta | 0.98 | NA |
| R Squared | 0.90 | NA |
| Treynor | 0.58 | NA |
| Jenson | 0.07 | NA |
| ^Risk-free rate based on the FBIL Overnight MIBOR rate of 6.76% as
on May 31, 2024 For calculation methodology | ||
| Portfolio Macaulay Duration | : | 4.08 Years |
| Modified Duration | : | 3.90 Years |
| Average Maturity | : | 6.83 Years |
| Annualized Yield to Maturity (For Debt Component)* - Including Net Current Assets | : | 7.63% |
| * Computed on the invested amount for debt portfolio. | ||
| Total stock in Portfolio | : | 42 |
MULTIPLES FOR NEW INVESTMENT:
Rs. 5,000/- and in multiples of Re. 1/- thereafter.
ADDITIONAL INVESTMENT/MULTIPLES FOR EXISTING INVESTORS:
Rs. 1,000/- and multiples of Re. 1/- thereafter.
LOAD STRUCTURE:| ENTRY LOAD | Not Applicable |
| EXIT LOAD | 1) On or before expiry of 365 days from the date of allotment: If the
withdrawal amount or switched out amount is not more than 12% of
the original cost of investment: NIL 2) On or before expiry of 365 days from the date of allotment: If the withdrawal amount or switched out amount is more than 12% of the original cost of investment: 1% 3) Redemption after expiry of 365 days from the date of allotment: NIL (w.e.f 5th November, 2018) |
Please refer to our Tata Mutual Fund website for fundamental changes, wherever applicable
| Company Name | No. of Shares | Market Value Rs Lakhs | % of assets |
| Equity & Equity Related Total | 282710.51 | 75.58 | |
| Unhedge Positions | |||
| Auto Components | |||
| Sundram Fasteners Ltd. | 330000 | 3931.46 | 1.05 |
| Automobiles | |||
| Mahindra & Mahindra Ltd. | 199000 | 4987.44 | 1.33 |
| Maruti Suzuki India Ltd. | 30000 | 3719.79 | 0.99 |
| Tata Motors - Dvr | 489292 | 3026.03 | 0.81 |
| Banks | |||
| HDFC Bank Ltd. | 1938800 | 29693.69 | 7.94 |
| State Bank Of India | 2238440 | 18586.89 | 4.97 |
| ICICI Bank Ltd. | 1525000 | 17096.01 | 4.57 |
| Kotak Mahindra Bank Ltd. | 280000 | 4705.12 | 1.26 |
| Beverages | |||
| Varun Beverages Ltd. | 678150 | 9675.84 | 2.59 |
| Capital Markets | |||
| HDFC Asset Management Company Ltd. | 79917 | 3104.22 | 0.83 |
| Cement & Cement Products | |||
| Ultratech Cement Ltd. | 66000 | 6544.23 | 1.75 |
| ACC Ltd. | 70000 | 1782.48 | 0.48 |
| Chemicals & Petrochemicals | |||
| Basf India Ltd. | 140000 | 5979.68 | 1.60 |
| Commercial Services & Supplies | |||
| Redington (India) Ltd. | 2069096 | 4099.91 | 1.10 |
| Construction | |||
| Larsen & Toubro Ltd. | 401808 | 14743.54 | 3.94 |
| Pnc Infratech Ltd. | 5184 | 26.85 | 0.01 |
| Consumable Fuels | |||
| Coal India Ltd. | 415000 | 2038.48 | 0.54 |
| Consumer Durables | |||
| Akzo Nobel India Ltd. | 44500 | 1141.67 | 0.31 |
| Diversified Fmcg | |||
| ITC Ltd. | 2000000 | 8529.00 | 2.28 |
| Hindustan Unilever Ltd. | 270000 | 6288.44 | 1.68 |
| Fertilizers & Agrochemicals | |||
| Pi Industries Ltd. | 253500 | 8973.14 | 2.40 |
| Finance | |||
| IDFC Ltd. | 3000000 | 3400.50 | 0.91 |
| Muthoot Finance Ltd. | 127500 | 2146.40 | 0.57 |
| Gas | |||
| Gujarat State Petronet Ltd. | 1000000 | 2900.00 | 0.78 |
| Healthcare Services | |||
| Max Healthcare Institute Ltd. | 337829 | 2539.80 | 0.68 |
| It - Software | |||
| Tata Consultancy Services Ltd. | 380000 | 13949.61 | 3.73 |
| Infosys Ltd. | 620000 | 8722.78 | 2.33 |
| Industrial Products | |||
| Cummins India Ltd. | 100000 | 3551.30 | 0.95 |
| Aia Engineering Ltd. | 69050 | 2538.49 | 0.68 |
| Petroleum Products | |||
| Reliance Industries Ltd. | 880000 | 25175.04 | 6.73 |
| Pharmaceuticals & Biotechnology | |||
| Lupin Ltd. | 250000 | 3956.38 | 1.06 |
| Ajanta Pharma Ltd. | 106645 | 2488.19 | 0.67 |
| Aurobindo Pharma Ltd. | 175000 | 2074.98 | 0.55 |
| Power | |||
| Adani Energy Solutions Ltd. | 375000 | 4210.50 | 1.13 |
| Power Grid Corporation Of India Ltd. | 1350000 | 4185.00 | 1.12 |
| Realty | |||
| Oberoi Realty Ltd. | 130000 | 2365.55 | 0.63 |
| Retailing | |||
| Aditya Birla Fashion & Retail Ltd. | 2150000 | 6184.48 | 1.65 |
| Zomato Ltd. | 2000000 | 3583.00 | 0.96 |
| Telecom - Services | |||
| Bharti Airtel Ltd. | 1350000 | 18532.13 | 4.95 |
| Tata Communications Ltd. | 150000 | 2667.45 | 0.71 |
| Bharti Airtel Ltd. (Right 14/10/2021) (Partly Paid) | 107142 | 1057.22 | 0.28 |
| Transport Infrastructure | |||
| Adani Ports And Special Economic Zone Ltd. | 300000 | 4312.20 | 1.15 |
| Gujarat Pipavav Port Ltd. | 1800000 | 3495.60 | 0.93 |
| Name of the Instrument | Ratings | Market Value Rs. Lakhs | % to NAV |
| Debt Instruments | |||
| Government Securities | 39876.22 | 10.65 | |
| Sgs Gujarat 7.64% (10/01/2031) | SOV | 6073.51 | 1.62 |
| GOI - 7.34% (22/04/2064) | SOV | 5118.87 | 1.37 |
| Sgs Uttar Pradesh 7.48% (22/03/2040) | SOV | 4027.33 | 1.08 |
| GOI - 7.38% (20/06/2027) | SOV | 3909.75 | 1.05 |
| GOI - 7.18% (14/08/2033) | SOV | 3783.69 | 1.01 |
| GOI - 7.32% (13/11/2030) | SOV | 2533.73 | 0.68 |
| GOI - 7.17% (17/04/2030) | SOV | 2513.33 | 0.67 |
| GOI - 5.63% (12/04/2026) | SOV | 2440.28 | 0.65 |
| Sgs Maharashtra 7.45% (20/03/2037) | SOV | 2108.37 | 0.56 |
| SDL Gujarat 7.80% (27/12/2027) | SOV | 1014.89 | 0.27 |
| Sgs Uttar Pradesh 7.46% (22/03/2039) | SOV | 1006.29 | 0.27 |
| Sgs Maharashtra 7.49% (07/02/2036) | SOV | 764.40 | 0.20 |
| GOI - 7.26% (06/02/2033) | SOV | 546.99 | 0.15 |
| GOI - 7.36% (12/09/2052) | SOV | 514.16 | 0.14 |
| GOI - 7.26% (22/08/2032) | SOV | 505.90 | 0.14 |
| GOI - 7.27% (08/04/2026) | SOV | 446.05 | 0.12 |
| Sgs Uttar Pradesh 7.62% (20/12/2034) | SOV | 456.77 | 0.12 |
| Sgs Maharashtra 7.48% (07/02/2035) | SOV | 403.01 | 0.11 |
| Sgs Maharashtra 7.63% (31/01/2036) | SOV | 305.87 | 0.08 |
| Sgs Maharashtra 7.63% (31/01/2035) | SOV | 305.21 | 0.08 |
| Sgs Tamilnadu 7.42% (03/04/2034) | SOV | 235.93 | 0.06 |
| SDL Uttar Pradesh 7.85% (27/12/2027) | SOV | 203.18 | 0.05 |
| Sgs West Bengal 7.53% (27/03/2044) | SOV | 167.11 | 0.04 |
| GOI - 8.13% (22/06/2045) | SOV | 99.57 | 0.03 |
| Sgs Maharashtra 7.70% (08/11/2034) | SOV | 98.58 | 0.03 |
| GOI - 7.25% (12/06/2063) | SOV | 89.34 | 0.02 |
| GOI - 8.30% (02/07/2040) | SOV | 81.23 | 0.02 |
| SDL Tamilnadu 8.14% (27/05/2025) | SOV | 48.91 | 0.01 |
| GOI - 6.19% (16/09/2034) | SOV | 29.62 | 0.01 |
| GOI - 7.26% (14/01/2029) | SOV | 29.42 | 0.01 |
| GOI - 6.57% (05/12/2033) | SOV | 1.93 | 0.00 |
| SDL Maharashtra 7.33% (13/09/2027) | SOV | 13.00 | 0.00 |
| Non-Convertible Debentures/Bonds | 34577.70 | 9.26 | |
| 07.69 % LIC Housing Finance Ltd. | CRISIL AAA | 4498.74 | 1.20 |
| 08.10 % ICICI Home Finance Co.Ltd. | CRISIL AAA | 2999.05 | 0.80 |
| 06.75 % Sikka Ports And Terminals Ltd. (Mukesh Ambani Group) | CRISIL AAA | 2845.67 | 0.76 |
| 07.72 % LIC Housing Finance Ltd. | CRISIL AAA | 2491.18 | 0.67 |
| 08.15 % Godrej Properties Ltd. | ICRA AA+ | 2487.81 | 0.67 |
| 08.07 % Tata Capital Ltd. | CRISIL AAA | 2488.27 | 0.67 |
| 08.25 % Toyota Financial Services India Ltd. | CRISIL AAA | 2498.31 | 0.67 |
| 07.55 % Power Finance Corporation | CRISIL AAA | 2493.98 | 0.67 |
| Rec Ltd. - Frb | CRISIL AAA | 2493.03 | 0.67 |
| 07.90 % Bajaj Finance Ltd. | CRISIL AAA | 2489.61 | 0.67 |
| 07.97 % Kotak Mahindra Investments Ltd. | CRISIL AAA | 2497.95 | 0.67 |
| 06.40 % Jamnagar Utilities & Power Pvt. Ltd. (Mukesh Ambani Group) | CRISIL AAA | 2421.91 | 0.65 |
| 07.13 % Nhpc Ltd. | ICRA AAA | 492.83 | 0.13 |
| 08.15 % HDFC Ergo General Insurance Company Ltd. | CRISIL AAA | 501.87 | 0.13 |
| 07.00 % H.P.C.L. | CRISIL AAA | 489.33 | 0.13 |
| 06.92 % Indian Railways Finance Corporation Ltd. | CRISIL AAA | 388.16 | 0.10 |
| Money Market Instruments | 4732.00 | 1.27 | |
| Small Indust Devlop Bank Of India - CP | CRISIL A1+ | 4732.00 | 1.27 |
| Repo | 9944.55 | 2.66 | |
| Portfolio Total | 371840.98 | 99.42 | |
| Cash / Net Current Asset | 2220.33 | 0.58 | |
| Net Assets | 374061.31 | 100.00 | |
| Issuer Name | % to NAV |
| HDFC Bank Ltd. | 7.94 |
| Reliance Industries Ltd. | 6.73 |
| Bharti Airtel Ltd. | 5.23 |
| State Bank Of India | 4.97 |
| ICICI Bank Ltd. | 4.57 |
| Larsen & Toubro Ltd. | 3.94 |
| Tata Consultancy Services Ltd. | 3.73 |
| Varun Beverages Ltd. | 2.59 |
| P.i. Industries Ltd. | 2.40 |
| Infosys Ltd. | 2.33 |
| Total | 44.43 |
| Large Cap | 75.47% |
| Mid Cap | 14.90% |
| Small Cap | 9.63% |
| Market Capitalisation is as per list provided by AMFI. | |
