{"id":1022,"date":"2022-12-22T00:00:00","date_gmt":"2022-12-22T00:00:00","guid":{"rendered":"https:\/\/elementummoney.com\/blog\/2022\/12\/22\/large-cap-funds-nov-2022\/"},"modified":"2024-01-05T10:53:07","modified_gmt":"2024-01-05T10:53:07","slug":"large-cap-funds-nov-2022","status":"publish","type":"post","link":"https:\/\/elementummoney.com\/blog\/large-cap-funds-nov-2022\/","title":{"rendered":"Large Cap Funds – November 2022"},"content":{"rendered":"\n

Before I start off on any analysis in this segment, even at the cost of a repetitive bore I will put forth this disclaimer. All fund schemes are taken as direct. However, even if you are a direct investor, hire a financial advisor that you trust who can guide with investments. Pay for your advice.<\/strong><\/p>\n\n\n\n

Fund category definition:<\/strong> Funds with minimum 80{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} portfolio allocation to Large Cap (top 100 by market cap size) stocks<\/p>\n\n\n\n

Benchmark: <\/strong>BSE 100 TRI or Nifty 100 TRI with latter changing by 3.74{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} in November 2022 and a 1-year change of 10.99{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}<\/p>\n\n\n\n

Data as on:<\/strong> 30th<\/sup> November, 2022<\/p>\n\n\n\n

Summary<\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

This has been one of the few months with no change in AUM rankings.<\/p>\n\n\n\n

In terms of expense ratio, Aditya Birla has reduced it by 6 basis points (now at 1.13{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}) while Canata Robeco has a marginal increase of 3 basis points to still remain at a very fair 0.42{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}.<\/p>\n\n\n\n

SBI has trimmed it\u2019s portfolio by four holdings (now at 49) while Nippon has added three to it\u2019s fold (for a portfolio of 59).<\/p>\n\n\n\n

This month\u2019s report card is quite shoddy with only HDFC beating the benchmark. In the one year return though, it is joined by ICICI and Nippon in the green.<\/p>\n\n\n\n

Market Cap Allocation<\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

Most funds have increased their market cap allocation a bit.<\/p>\n\n\n\n

SBI has removed it\u2019s miniscule 0.22{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} allocation in Small Cap.<\/p>\n\n\n\n

Only in Aditya Birla, there is a visible 2.14{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} increase in the Large Cap allocation. Rest are within the 2{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} mark.<\/p>\n\n\n\n

Top 5 Sectors<\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n
\"\"
Sector Ranking Colour Code<\/figcaption><\/figure>\n\n\n\n

It\u2019s a zero action month. No substantial sectoral movement in the Large Cap funds under the scanner.<\/p>\n\n\n\n

Top 10 Stocks & Movements<\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n
\"\"
Stock Ranking Colour Code<\/figcaption><\/figure>\n\n\n\n

Axis has beefed up its\u2019 allocation in Reliance Industries by 0.78{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} (to go up to 4.49{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}).<\/p>\n\n\n\n

SBI has increased it\u2019s allocation in HDFC Bank by 0.81{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} (now up to 8.70{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}). As noticed, the fund has shrunken it\u2019s tail a bit with three exits \u2013 Aurobindo Pharma (0.23{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), Shriram City Union Finance (0.22{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}) and TCS (0.18{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}).<\/p>\n\n\n\n

HDFC has exited it\u2019s 0.46{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} position in ICICI Prudential Life Insurance.<\/p>\n\n\n\n

Aditya Birla has four new additions into it\u2019s fold \u2013 FSN E-Commerce (0.52{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), L&T Infotech (0.29{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), Shriram Transport Finance (0.27{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), and ICICI Prudential Life Insurance (0.21{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}). Three stocks have been exited out of as well \u2013 Shriram City Union Finance (0.44{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), Bajaj Auto (0.05{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}) and Motherson Sumi Systems (0.02{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}).<\/p>\n\n\n\n

Nippon has cut down it\u2019s allocation to Indian Hotels by 0.77{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} (taking it down to 3.36{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}). It\u2019s a month of multiple new entrants and some re-entrants, five to be precise \u2013 Maxi Financial Services (0.55{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), ICICI Lombard General Insurance (0.44{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), BPCL (0.26{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), Interglobe Aviation (0.19{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}) and NHPC (0.17{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}). The fund has meanwhile exited two stocks \u2013 DLF (0.62{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}) and Ashok Leyland (0.49{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}).<\/p>\n\n\n\n

Apart from the MindTree and L&T Infotech switch, UTI has added a 0.33{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} allocation to United Breweries.<\/p>\n\n\n\n

Franklin has three new additions to it\u2019s portfolio \u2013 Tata Steel (0.79{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), Hindalco (0.73{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}) and PB Fintech (0.60{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}).<\/p>\n\n\n\n

Check out the other categories and what the funds there were up to:<\/a><\/p>\n\n\n\n

Flexi Cap Funds \u2013 November 2022<\/a><\/p>\n\n\n\n

Multi Cap Funds \u2013 November 2022<\/a><\/p>\n\n\n\n

Large & Mid Cap Funds \u2013 November 2022<\/a><\/p>\n\n\n\n

Mid Cap Funds \u2013 November 2022<\/a><\/p>\n\n\n\n

Small Cap Funds \u2013 November 2022<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Before I start off on any analysis in this segment, even at the cost of a repetitive bore I will put forth this disclaimer. All fund schemes are taken as direct. However, even if you are a direct investor, hire a financial advisor that you trust who can guide with investments. Pay for your advice. Fund category definition: Funds with minimum 80{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} portfolio allocation to Large Cap (top 100 by market cap size) stocks Benchmark: BSE 100 TRI or Nifty 100 TRI with latter changing by 3.74{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} in November 2022 and a 1-year change of 10.99{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} Data as on: 30th November, 2022 Summary This has been one of the few months with no change in AUM rankings. In terms of expense ratio, Aditya Birla has reduced it by 6 basis points (now at 1.13{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}) while Canata Robeco has a marginal increase of 3 basis points to still remain at a very fair 0.42{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}. SBI has trimmed it\u2019s portfolio by four holdings (now at 49) while Nippon has added three to it\u2019s fold (for a portfolio of 59). This month\u2019s report card is quite shoddy with only HDFC beating the benchmark. In the one year return though, it is joined by ICICI and Nippon in the green. Market Cap Allocation Most funds have increased their market cap allocation a bit. SBI has removed it\u2019s miniscule 0.22{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} allocation in Small Cap. Only in Aditya Birla, there is a visible 2.14{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} increase in the Large Cap allocation. Rest are within the 2{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} mark. Top 5 Sectors It\u2019s a zero action month. No substantial sectoral movement in the Large Cap funds under the scanner. Top 10 Stocks & Movements Axis has beefed up its\u2019 allocation in Reliance Industries by 0.78{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} (to go up to 4.49{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}). SBI has increased it\u2019s allocation in HDFC Bank by 0.81{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} (now up to 8.70{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}). As noticed, the fund has shrunken it\u2019s tail a bit with three exits \u2013 Aurobindo Pharma (0.23{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), Shriram City Union Finance (0.22{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}) and TCS (0.18{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}). HDFC has exited it\u2019s 0.46{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} position in ICICI Prudential Life Insurance. Aditya Birla has four new additions into it\u2019s fold \u2013 FSN E-Commerce (0.52{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), L&T Infotech (0.29{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), Shriram Transport Finance (0.27{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), and ICICI Prudential Life Insurance (0.21{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}). Three stocks have been exited out of as well \u2013 Shriram City Union Finance (0.44{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), Bajaj Auto (0.05{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}) and Motherson Sumi Systems (0.02{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}). Nippon has cut down it\u2019s allocation to Indian Hotels by 0.77{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} (taking it down to 3.36{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}). It\u2019s a month of multiple new entrants and some re-entrants, five to be precise \u2013 Maxi Financial Services (0.55{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), ICICI Lombard General Insurance (0.44{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), BPCL (0.26{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), Interglobe Aviation (0.19{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}) and NHPC (0.17{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}). The fund has meanwhile exited two stocks \u2013 DLF (0.62{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}) and Ashok Leyland (0.49{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}). Apart from the MindTree and L&T Infotech switch, UTI has added a 0.33{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} allocation to United Breweries. Franklin has three new additions to it\u2019s portfolio \u2013 Tata Steel (0.79{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), Hindalco (0.73{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}) and PB Fintech (0.60{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}). Check out the other categories and what the funds there were up to: Flexi Cap Funds \u2013 November 2022 Multi Cap Funds \u2013 November 2022 Large & Mid Cap Funds \u2013 November 2022 Mid Cap Funds \u2013 November 2022 Small Cap Funds \u2013 November 2022<\/p>\n","protected":false},"author":1,"featured_media":1023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[554],"tags":[382],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/posts\/1022"}],"collection":[{"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/comments?post=1022"}],"version-history":[{"count":7,"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/posts\/1022\/revisions"}],"predecessor-version":[{"id":2123,"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/posts\/1022\/revisions\/2123"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/media\/1023"}],"wp:attachment":[{"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/media?parent=1022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/categories?post=1022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/tags?post=1022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}