L&T Emerging Businesses Fund

Data as on April 30, 2018


L&T Emerging Businesses Fund

Data as on April 30, 2018


Fund Details

NAV of Plans/Options
(as on April 30, 2018)

Rs
Dividend Option - Regular Plan24.198
Growth Option - Regular Plan28.678
Dividend Option - Direct Plan25.004
Growth Option - Direct Plan29.519
Volatility Measures*:
Standard Deviation 18.17%
R-Squared0.91
Beta 0.94
Sharpe Ratio#1.19
*Source: ICRA MFIE
#Risk free rate assumed to be 6.07%
(based on 3-months Mibor NSE rate during last 3 months)
Date of Inception :
Regular PlanMay 12, 2014
Direct PlanMay 12, 2014
Expense Ratio+ : 2.01% (Regular)
1.51% (Direct)
Portfolio Turnover :0.4696
OptionsGrowth and Dividend (Payout and Reinvestment)
Minimum Application size
(Initial)
Rs 5,000
Additional InvestmentRs 1,000
Minimum Redemption SizeRs 500 or 50 units
Fund ManagerMr. S.N. Lahiri and Mr. Karan Desai (w.e.f. Feb 3, 2017) (for investments in foreign securities)
BenchmarkS&P BSE Small Cap TRI
Monthly Average AUM (Rs In Crs)4,784.52
Month end AUM(Rs In Crs)5,001.23

Portfolio Allocation
Name Of Instrument Rating/Industry % to Net
Assets

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
 
Industrial Products
HEG Limited 2.55%
Carborundum Universal Limited 2.00%
Grindwell Norton Limited 1.90%
Supreme Industries Limited 1.76%
AIA Engineering Limited 1.34%
MM Forgings Limited 1.32%
Swaraj Engines Limited 0.93%
Finolex Industries Limited 0.88%
WIM Plast Limited 0.65%
IFGL Refractories Limited 0.51%
Greaves Cotton Limited 0.50%
Finance
Rane Holdings Limited 2.02%
CARE Ratings Limited 1.84%
Bharat Financial Inclusion Limited 1.50%
Central Depository Services (India) Limited 1.18%
IIFL Holdings Limited 1.01%
TI Financial Holdings Limited 0.81%
Chemicals
NOCIL Limited 1.93%
Aarti Industries Limited 1.84%
Deepak Nitrite Limited 1.55%
Supreme Petrochem Limited 1.00%
Sudarshan Chemical Industries Limited 0.96%
Oriental Carbon & Chemicals Limited 0.35%
AksharChem India Limited 0.35%
Auto Ancillaries
Jamna Auto Industries Limited 1.52%
Sterling Tools Limited 1.33%
TVS Srichakra Limited 1.09%
Amara Raja Batteries Limited 1.08%
Tube Investment of India Limited 0.95%
Rico Auto Industries Limited 0.48%
WABCO India Limited 0.39%
Retailing
Future Retail Limited 2.28%
Future Lifestyle Fashions Limited 1.56%
Trent Limited 1.45%
Shoppers Stop Limited 1.44%
Industrial Capital Goods
Lakshmi Machine Works Limited 3.12%
Apar Industries Limited 1.28%
Triveni Turbine Limited 0.89%
Skipper Limited 0.81%
Centum Electronics Limited 0.22%
Banks
DCB Bank Limited 1.58%
Indian Bank 1.20%
Syndicate Bank 1.10%
City Union Bank Limited 0.90%
Transportation
Future Supply Chain Solutions Limited 2.00%
Navkar Corporation Limited 1.27%
Construction Project
Engineers India Limited 1.35%
H.G Infra Engineering Limited 1.04%
Name Of Instrument Rating/Industry % to Net
Assets

Techno Electric & Engineering Company Limited 0.70%
Indian Hume Pipe Company Limited 0.15%
Construction
Sobha Limited 1.74%
Somany Ceramics Limited 0.74%
Godrej Properties Limited 0.43%
Arihant Superstructures Limited 0.16%
Sunteck Realty Limited 0.13%
Pharmaceuticals
IPCA Laboratories Limited 2.20%
Dishman Carbogen Amcis Limited 0.83%
Cement
The Ramco Cements Limited 2.50%
Deccan Cements Limited 0.27%
Textile Products
K.P.R. Mill Limited 0.96%
Dollar Industries Limited 0.68%
Welspun India Limited 0.53%
Mayur Uniquoters Ltd 0.36%
Ferrous Metals
Maharashtra Seamless Limited 1.39%
Ratnamani Metals & Tubes Limited 0.95%
Telecom - Equipment & Accessories
Sterlite Technologies Limited 1.98%
Astra Microwave Products Limited 0.25%
Consumer Durables
Orient Electric Limited @ 0.68%
Orient Paper & Industries Limited 0.63%
Mirza International Limited 0.53%
Hotels, Resorts And Other Recreational Activities
EIH Limited 1.76%
Media & Entertainment
Hathway Cable & Datacom Limited 1.40%
Auto
V.S.T Tillers Tractors Limited 1.29%
Textiles - Cotton
RSWM Limited 0.69%
Nitin Spinners Limited 0.58%
Paper
Emami Paper Limited 1.27%
Fertilisers
Coromandel International Limited 1.19%
Petroleum Products
Savita Oil Technologies Limited 0.93%
Gas
Aegis Logistics Limited 0.90%
Healthcare Services
Max India Limited 0.60%
Consumer Non Durables
Avanti Feeds Limited 0.44%
Total 90.85%
OTHERS
(a) Collateralised Borrowing and Lending Obligation 9.35%
(b) Net Receivables/(Payables) -0.20%
Net Assets 100.00%
Total number of holdings81

@ Awaited Listing

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 consideration. For SIP returns, monthly investment of Rs 10000 invested on the 1st day of every month has been considered.
*B: Scheme Benchmark, AB: Additional Benchmark


Investment objective:To generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies (small cap stocks). The Scheme could also additionally invest in Foreign Securities
Exit Load:For redemption within one year from the date of allotment or purchase applying First-in First-Out basis:- 1% of the applicable NAV
For details of other funds managed by the Fund Manager and the performance of the schemes, please refer to 'Scheme Performance Section'
Please note that w.e.f December 11,2017 there will be temporary suspension in L&T Emerging Businesses Fund. For further details refer notice cum addendum dated December 4,2017 available on the website of the Fund.
+ Please refer to note on expense ratios in 'Fund Manager wise Scheme Details'