Tata Hybrid Equity Fund

(An open ended hybrid scheme investing predominantly in equity & equity related instruments.)

As on 30th June 2019 PORTFOLIO

INVESTMENT STYLE Market Value % of Name of the Instrument Ratings Market Value % to
Company Name No. of Shares
Rs. Lakhs Assets Rs. Lakhs NAV
Invests 65% to 80% investment in Equity & equity related
instruments & 20% to 35% in debt & money market instruments. Equity & Equity Related Total 344704.41 75.42 GOI - 8.30% (02/07/2040) SOV 195.75 0.04
For taxation purpose, it is treated as an equity scheme. (Monthly Auto GOI - 8.13% (22/06/2045) SOV 100.66 0.02
Income is not assured and is subject to availability of Bajaj Auto Ltd. 508000 14361.41 3.14 GOI - 7.68% (15/12/2023). SOV 78.14 0.02
distributable surplus.)
Maruti Suzuki India Ltd. 120000 7841.58 1.72 SDL Tamilnadu 8.14% (27/05/2025) SOV 50.28 0.01
Mahindra & Mahindra Ltd. 850000 5570.48 1.22 GOI - 6.79% (26/12/2029) SOV 29.50 0.01
INVESTMENT OBJECTIVE
Auto Ancillaries SDL Maharashtra 7.33% (13/09/2027) SOV 12.99 0.00
The investment objective of the Scheme is to provide income Bosch Ltd. 31650 5171.18 1.13 GOI - 6.57% (05/12/2033) SOV 1.92 0.00
distribution and or capital appreciation over medium to long
Banks GOI - 7.17% (08/01/2028) SOV 1.41 0.00
term. However, there is no assurance or guarantee that the
investment objective of the Scheme will be achieved. The HDFC Bank Ltd. 1760000 43010.00 9.41 Non-convertible Debentures/bonds/zcb 78418.17 17.16
scheme does not assure or guarantee any returns. State Bank Of India 7540000 27238.25 5.96 Shriram Trans. Fin. Co. Ltd. - Frb CRISIL- AA+ 9996.14 2.19
ICICI Bank Ltd. 5976000 26121.10 5.72 09.45 % Ecl Finance Ltd. CARE AA 8279.37 1.81
DATE OF ALLOTMENT Kotak Mahindra Bank Ltd. 880000 12998.48 2.84 09.65 % Green Infra Wind Energy Ltd. CRISIL- AA(SO) 7108.98 1.56
October 8, 1995 Federal Bank Ltd. 9500000 10298.00 2.25 08.55 % Talwandi Sabo Power Ltd. CRISIL- AA(SO) 6849.37 1.50
Cement 09.18 % Vedanta Ltd. CRISIL- AA 6493.72 1.42
FUND MANAGER Ultratech Cement Ltd. 170000 7744.95 1.69 09.45 % Vodafone Idea Ltd. CARE AA- 5949.40 1.30
Chandraprakash Padiyar (Managing Since 3-Sep-18 and overall Chemicals 09.70 % Coastal Gujarat Power Ltd. CARE AA(SO) 5025.26 1.10
experience of 18 years) (Equity) & Murthy Nagarajan (Managing since Basf India Ltd. 427442 5750.59 1.26 08.27 % National Highways Authority Of India CRISIL- AAA 4621.77 1.01
1-Apr-17 and overall experience of 22 years) (Debt) Construction Jm Financial Asset Reconstruction Company Ltd. - Zcb CRISIL- AA- 4002.15 0.88
BENCHMARK Dlf Ltd. 2500000 4713.75 1.03 09.26 % Jubilant Life Sciences Ltd. CRISIL- AA 2608.48 0.57
Construction Project 08.70 % LIC Housing Finance Ltd. CRISIL- AAA 2574.32 0.56
Crisil Hybrid 25+75 - Aggressive Index Larsen & Toubro Ltd. 775000 12037.30 2.63 09.75 % Jamnagar Utilities & Power Pvt. Ltd. CRISIL- AAA 2565.56 0.56
NAV Consumer Non Durables 08.55 % HDFC Ltd. CRISIL- AAA 2561.66 0.56
Direct - Growth : 229.8623 ITC Ltd. 5977500 16369.38 3.58 Edelweiss Rural & Corporate Services Ltd. - Zcb CARE AA 2220.41 0.49
Direct - Dividend 77.0324 United Spirits Ltd. 2225000 13015.14 2.85 07.25 % Jamnagar Utilities & Power Pvt. Ltd. CRISIL- AAA 1498.01 0.33
:
Direct - Monthly Dividend 65.2612 Hindustan Unilever Ltd. 440000 7865.44 1.72 07.95 % Sikka Ports And Terminals Ltd. CRISIL- AAA 1414.32 0.31
: Varun Beverages Ltd. 582972 5519.58 1.21 08.20 % Nabard CRISIL- AAA 1039.38 0.23
Reg - Growth 217.2178
Reg - Dividend : 71.6707 Finance 08.90 % Dewan Housing Fin Corporation Ltd.$ CARE- D 875.00 0.19
Housing Development Finance Corporation Ltd. 517650 11347.41 2.48 09.23 % Talwandi Sabo Power Ltd. CRISIL- AA(SO) 741.16 0.16
Reg - Monthly Dividend 60.6664
Muthoot Finance Ltd. 1100000 7092.80 1.55 07.84 % Trent Ltd. CARE- AA+ 600.24 0.13
FUND SIZE Gas 08.70 % Power Finance Corporation CRISIL- AAA 502.67 0.11
Rs. 4570.52 (Rs. in Cr.) Gujarat State Petronet Ltd. 4017464 7884.27 1.73 09.30 % Power Grid Corporation Of India Ltd. CRISIL- AAA 501.98 0.11
Hotels, Resorts And Other Recreational Activities Aditya Birla Finance Ltd. - Zcb ICRA- AAA 282.64 0.06
MONTHLY AVERAGE AUM Indian Hotels Co. Ltd. 3000000 4726.50 1.03 09.45 % State Bank Of India CRISIL- AAA 77.70 0.02
Rs. 4600.6 (Rs. in Cr.) Petroleum Products 08.45 % Rec Ltd. CRISIL- AAA 20.17 0.00
Reliance Industries Ltd. 1657000 20763.87 4.54 09.50 % Blue Dart Express Ltd. ICRA- AA 8.31 0.00
TURN OVER
Pharmaceuticals Privately Placed/unlisted 9918.88 2.17
Portfolio Turnover (Total) 124.63% Dishman Carbogen Amcis Ltd. 4514857 10171.97 2.23 08.00 % Ongc Petro-Additions Ltd. ICRA- AAA(SO) 7410.28 1.62
Portfolio Turnover (Equity component only) 30.64% Power 08.15 % Vodafone Idea Ltd. IND AA- 2498.39 0.55
EXPENSE RATIO** Kalpataru Power Transmission Ltd. 1659700 8711.77 1.91 09.47 % Gruh Finance Ltd. CRISIL- AAA 10.21 0.00
Software Money Market Instruments 2940.45 0.64
Direct 0.90
Tata Consultancy Services Ltd. 1044000 23251.97 5.09 Treasury Bill 364 Days (08/11/2019) SOVRN SOV 2447.52 0.54
Regular 1.93
Infosys Ltd. 1760000 12883.20 2.82 JM Financial Asset Reconstruction Company Ltd. - CP CRISIL- A1+ 492.93 0.11
**Note: The rates specified are actual month end expenses charged
as on Jun 30, 2019. The above ratio includes the Service tax on Other Equities^ 12244.04 2.68
Investment Management Fees. The above ratio excludes, Tri-Party Repo 10894.72 2.38
proportionate charge (out of maximum 30 bps on daily average net Repo 1047.61 0.23
assets allowed) in respect sales beyond T-30 cities assets, wherever Portfolio Total 449168.72 98.27
applicable. Name of the Instrument Ratings Market Value % to Cash / Net Current Asset 7883.51 1.73
Rs. Lakhs NAV Net Assets 457052.23 100.00
VOLATILITY MEASURES^ FUND BENCHMARK
Debt Instruments ^ Exposure less than 1% has been clubbed under Other Equities
Std. Dev (Annualised) 9.76 9.69
Government Securities 1244.48 0.27
Sharpe Ratio 0.06 0.27 $ - The long term rating of DEWAN HOUSING FINANCE CORPORATION LTD.(DHFL) has been downgraded
GOI - 7.95% (28-8-2032) SOV 538.00 0.12
Portfolio Beta 0.98 1.00 to Default category . The securities of DHFL has been valued in accordance with the price provided by the
GOI - 7.26% (14/01/2029) SOV 235.83 0.05 valuation agencies.
R Squared 0.93 1.00
Treynor 0.16 0.76
Jenson -0.58 NA
^Risk-free rate based on the FBIL Overnight MIBOR rate of 5.97% as
on Jun 28, 2019
SIP - If you had invested INR 10000 every month
For calculation methodology please refer to Pg 56 1 Year 3 Year 5 Year 7 Year 10 Year Since Inception
Portfolio Macauley Duration : 1.88 Years Total Amount Invested (Rs.) 120,000 360,000 600,000 840,000 1,200,000 2,810,000
Modified Duration : 1.74 Years Total Value as on Jun 30, 2019 (Rs.) 126,203 393,414 718,026 1,246,139 2,252,251 26,861,836
Average Maturity : 2.54 Years Returns 9.91% 5.89% 7.14% 11.10% 12.12% 16.35%
Gross Yield to Maturity (For Debt Component)* Total Value of B: Crisil Hybrid 25+75 - Aggressive Index 126,287 417,266 779,339 1,284,396 2,165,355 7,217,708
- Excluding Net Current Assets : 9.45% B: Crisil Hybrid 25+75 - Aggressive Index 10.04% 9.89% 10.44% 11.95% 11.38% 13.11%
* Computed on the invested amount for debt portfolio. Total Value of AB: S&P BSE Sensex TRI 128,509 444,950 817,765 1,339,289 2,259,427 19,768,225
MINIMUM INVESTMENT/ AB: S&P BSE Sensex TRI 13.66% 14.35% 12.38% 13.13% 12.18% 14.31%
MULTIPLES FOR NEW INVESTMENT (Inception date :08-Oct-1995) (First Installment date : 01-Feb-1996)
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to
Rs. 5,000/- and in multiples of Re. 1/- thereafter. consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every month has been considered.
ADDITIONAL INVESTMENT/ For scheme performance refer pages 45-56.
*B: Benchmark
MULTIPLES FOR EXISTING INVESTORS Source: MFI Explorer
Rs. 1,000/- and multiples of Re. 1/- thereafter.
LOAD STRUCTURE Top 10 Holdings Equity Sector Allocation
Entry Load : Not Applicable Issuer Name % to NAV Financial Services 30.47%
HDFC Bank Ltd. 9.41 Consumer Goods 9.36%
Exit Load : State Bank Of India 5.96 It 8.79%
1) On or before expiry of 365 days from the date of allotment: If the
ICICI Bank Ltd. 5.72 Energy 8.17%
withdrawal amount or switched out amount is not more than 12% of
Tata Consultancy Services Ltd. 5.09 Automobile 7.21%
the original cost of investment: NIL
2) On or before expiry of 365 days from the date of allotment: If the Reliance Industries Ltd. 4.54 Construction 3.67%
withdrawal amount or switched out amount is more than 12% of the ITC Ltd. 3.58 Pharma 2.23%
original cost of investment: 1% Bajaj Auto Ltd. 3.14 Cement & Cement Products 1.69%
3) Redemption after expiry of 365 days from the date of allotment: NIL Industrial Manufacturing 1.55%
United Spirits Ltd. 2.85
(w.e.f 5th November, 2018) Chemicals 1.26%
Kotak Mahindra Bank 2.84 Services 1.03%
Infosys Ltd. 2.82
Please refer to our Tata Mutual Fund website for fundamental Total 45.95 0.00% 5.00% 10.00%15.00%20.00%25.00%30.00%35.00%
changes, wherever applicable

Market Capitalisation wise Exposure (Equity component only) NAV Movement

Large Cap Tata Hybrid Equity Fund - Reg - Growth
80.49%
150 CRISIL Hybrid 25+75 Aggressive Index
Mid Cap 10.30% 138
126
Small Cap 9.20% 114
102
Market Capitalisation is as per list provided by AMFI.
90
Jun-16 Jun-17 Jun-18 Jun-19

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