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PPFAS Long Term Equity Fund adds Microsoft Corporation to portfolio


Parag Parikh Long Term Equity Fund has added Microsoft Corporation to the portfolio and completely exited from the Nestlé SA ADR. The top three holdings of the scheme are: Amazon (9.34%), Alphabet (9.08%) and HDFC Bank (7.83%), according to the factsheet of the scheme.

The top 10 equity holdings amount to 62.62% of the core portfolio. These include three overseas listings. ‘Internet & Technology,’ ‘Banks’ and ‘Software’ make up the top three sectors, comprising 46.74% of the portfolio.

As on April 30, 65.69% of the corpus of the scheme is invested in Indian equities and 30.69% is invested in foreign equities. The residual 3.62% is parked in TREPS etc. & Fixed Deposit Receipts (FDR). The Portfolio Turnover (excluding arbitrage) was 5.03%.

There were no new additions to or deletions from the portfolio of Parag Parikh Tax Saver Fund (PPTSF). Its top three holdings are: HDFC Bank (8.65%), Bajaj Holdings (6.58%), and Hero Motocorp (5.81%).

The top 10 equity holdings amount to 57.70% of the core portfolio. ‘Software’, ‘Banks’ and ‘Finance’ make up the top three sectors, comprising 56.73% of the portfolio.

As on April 30, the scheme is inveted 95.94% in Indian equities and the residual 4.06% is parked in debt and money market instruments.

As on April 30, 68.14% of the corpus of Parag Parikh Liquid Fund (PPLF) is invested in Treasury Bills, 22.20% in TREPS, etc., 8.59% in Government Securities, and 1.07% in Commercial Paper.

In terms of rating, the Distribution is: 76.73% in Sovereign Securities, 22.20% in TREPS etc., and 1.07% in A1+ Paper, according to the factsheet of the scheme.





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