Tata Ethical Fund

(An open ended equity scheme following Shariah principles)

As on 30th November 2018 PORTFOLIO

INVESTMENT STYLE Company name No. of Market Value % of Company name No. of Market Value % of
An equity scheme which invests primarily in equities of Shares Rs. Lakhs Assets Shares Rs. Lakhs Assets
Shariah compliant companies and other instrument if Equity & Equity Related Total 47768.14 91.42 Pesticides
allowed under Shariah principles. Auto Rallis India Ltd. 502000 812.24 1.55
Hero Motocorp Ltd. 31300 956.28 1.83 UPL Ltd. 85000 644.13 1.23
INVESTMENT OBJECTIVE Auto Ancillaries Petroleum Products
To provide medium to long- term capital gains by investing Wabco India Ltd. 20000 1353.80 2.59 Castrol India Ltd. 505000 762.55 1.46
in Shariah compliant equity and equity related instruments Amara Raja Batteries Ltd. 116849 828.75 1.59 Industrial Products
of well-researched value and growth - oriented companies. MRF Ltd. 1100 740.65 1.42 Carborundum Universal Ltd. 390000 1412.78 2.70
Cement Cummins India Ltd. 167186 1349.19 2.58
DATE OF ALLOTMENT Grasim Industries Ltd. 153000 1325.36 2.54 Schaeffler Ltd. 16000 844.59 1.62
May 24,1996 Ambuja Cements Ltd. 460000 1000.27 1.91 Mahindra Cie Automotive Ltd. 298000 771.08 1.48
Construction Project Finolex Cables Ltd. 161271 739.19 1.41
FUND MANAGER Voltas Ltd. 150000 830.93 1.59 Pharmaceuticals
Rupesh Patel (Managing Since 7-Sep-18 and overall Consumer Durables Alkem Laboratories Ltd. 94000 1797.89 3.44
experience of 18 years) Bata India Ltd. 158000 1648.41 3.15 IPCA Laboratories Ltd. 93750 746.67 1.43
Titan Company Ltd. 105000 973.46 1.86 Aurobindo Pharma Ltd. 80000 648.56 1.24
BENCHMARK Whirlpool Of India Ltd. 50400 705.05 1.35 Retailing
Nifty 500 Shariah TRI Havells India Ltd. 100000 684.70 1.31 Future Retail Ltd. 320000 1682.88 3.22
Consumer Non Durables Software
NAV Hindustan Unilever Ltd. 242000 4244.68 8.12 Tech Mahindra Ltd. 300000 2117.85 4.05
Direct - Growth : 161.6875 Britannia Industries Ltd. 77000 2440.71 4.67 Larsen & Toubro Infotech Ltd. 67000 1051.73 2.01
Direct - Dividend : 94.3977 Asian Paints (India) Ltd. 162000 2180.44 4.17 Textile Products
Reg - Growth : 153.3219 Tata Global Beverages Ltd. 420000 918.33 1.76 Mayur Uniquoters Ltd. 200000 808.20 1.55
Reg - Dividend : 68.2188 Nestle India Ltd. 7000 753.54 1.44
Gas
FUND SIZE Other Equities^ 4306.05 8.24
Gail ( India ) Ltd. 436666 1497.98 2.87
Rs. 522.49 (Rs. in Cr.) Portfolio Total 47768.14 91.42
Petronet Lng Ltd. 540000 1156.68 2.21
Cash / Net Current Asset 4480.52 8.58
Industrial Capital Goods
MONTHLY AVERAGE AUM Net Assets 52248.66 100.00
Siemens Ltd. 93000 884.10 1.69
Rs. 513.37 (Rs. in Cr.) Thermax Ltd. 81696 850.66 1.63 ^ Exposure less than 1% has been clubbed under Other Equities
Oil
TURN OVER
Oil & Natural Gas Co. 925000 1297.78 2.48
Portfolio Turnover (Total) 32.85%
Portfolio Turnover (Equity component only) 32.85%

EXPENSE RATIO**
SIP - If you had invested INR 10000 every month
Direct 1.53
Regular 2.68 1 Year 3 Year 5 Year 7 Year 10 Year Since Inception
**Note: The rates specified are actual month end expenses charged Total Amount Invested (Rs.) 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 26,70,000
as on Nov 30, 2018. The above ratio includes the Service tax on
Investment Management Fees. The above ratio excludes, Total Value as on Nov 30, 2018 (Rs.) 1,15,637 3,91,255 7,27,200 12,61,180 23,66,762 266,62,798
proportionate charge (out of maximum 30 bps on daily average net
assets allowed) in respect sales beyond T-30 cities assets, wherever Returns -6.68% 5.49% 7.63% 11.42% 13.03% 17.58%
applicable. Total Value of B: Nifty 500 Shariah TRI 1,15,343 4,14,434 7,97,688 13,76,820 24,44,201 72,95,772
VOLATILITY MEASURES^ FUND BENCHMARK B: Nifty 500 Shariah TRI -7.13% 9.37% 11.34% 13.87% 13.63% 8.20%
Std. Dev (Annualised) 13.15 14.19 Total Value of AB: Nifty 50 TRI 1,22,898 4,33,190 7,93,749 13,04,461 22,44,171 160,81,675
Sharpe Ratio 0.01 0.12 AB: Nifty 50 TRI 4.52% 12.41% 11.14% 12.36% 12.03% 14.00%
Portfolio Beta 0.89 1.00
R Squared 0.92 1.00 (Inception date :24-May-1996) (First Installment date : 01-Sep-1996)
Treynor 0.05 0.50 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
Jenson -0.39 NA reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested on the 1st day of every
^Risk-free rate based on the FBIL Overnight MIBOR rate month has been considered.
of 6.55% as on Nov 30, 2018 For scheme performance refer pages 38 - 49.
*B: Benchmark, AB: Additional Benchmark
For calculation methodology please refer to Pg 49 Source: MFI Explorer
MINIMUM INVESTMENT/
MULTIPLES FOR NEW INVESTMENT
Rs. 5,000/- and in multiples of Re. 1/- thereafter.
Top 10 Holdings Equity Industry Allocation
ADDITIONAL INVESTMENT/ Issuer Name % to NAV Consumer Non Durables 20.17%
MULTIPLES FOR EXISTING INVESTORS Industrial Products 10.26%
Hindustan Unilever Ltd. 8.12 Consumer Durables 8.58%
Rs. 1,000/- and multiples of Re. 1/- thereafter. Britannia Industries Ltd. 4.67 Auto Ancillaries 7.18%
Software 7.17%
Asian Paints (india) Ltd. 4.17 Pharmaceuticals 6.11%
Cement 5.30%
LOAD STRUCTURE Tech Mahindra Ltd. 4.05 Gas 5.08%
Industrial Capital Goods 4.26%
Entry Load : Not Applicable Alkem Laboratories Ltd. 3.44 Retailing 3.22%
Future Retail Ltd. 3.22 Pesticides 2.79%
Exit Load : 1% of the applicable NAV, if redeemed on Construction Project 2.52%
or before 365 days from the date of Bata India Ltd. 3.15 Oil
Auto
2.48%
1.83%
allotment. (w.e.f. 6th April, 2015) Gail (india) Ltd. 2.87 Textile Products 1.55%
Petroleum Products 1.46%
Carborundum Universal Ltd. 2.70 Chemicals 0.93%
Please refer to our Tata Mutual Fund website for Wabco India Ltd. 2.59 Construction 0.52%
fundamental changes, wherever applicable
Total 38.98 0.00% 5.00% 10.00% 15.00% 20.00% 25.00%

Market Capitalisation wise Exposure NAV Movement

Tata Ethical Fund - Reg - Growth
Large Cap 50.03% 160 Nifty 500 Shariah TRI
Mid Cap 30.93% 146
132
Small Cap 19.04% 118
104
Market Capitalisation is as per list provided by AMFI.
90
Nov-15 Nov-16 Nov-17 Nov-18

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