L&T Focused Equity Fund

Data as on April 30, 2019


L&T Business Cycles Fundᵟ

Data as on April 30, 2019


Fund Details

NAV of Plans/Options
(as on April 30, 2019)

Rs
Dividend Option - Regular Plan
10.898
Growth Option - Regular Plan
10.898
Dividend Option - Direct Plan
10.954
Growth Option - Direct Plan
10.954
Date of Inception :
Regular PlanNovember 5, 2018
Direct PlanNovember 5, 2018
Total Expense Ratio+ : 2.57% (Regular)
1.50% (Direct)
- Including Additional Expenses, B30 charges and GST on
Management Fees
- Total Expense Ratio is as on the last business day of the month
Portfolio Turnover :0.1310
Options Growth and Dividend.
The Dividend option
offers Dividend
Payout and Dividend
Reinvestment facilities.
Minimum Application size
(Initial)
Rs 5,000 per application and in multiples of Rs 1 thereafter
Additional InvestmentRs1,000 per application and in multiples of Rs 1 thereafter
Minimum Redemption SizeRs 500 or 50 units
Fund ManagerMr S. N. Lahiri and
Mr. Vihang Naik
BenchmarkNifty 500 TRI Index
Monthly Average AUM (Rs In Crs)578.62
Month end AUM(Rs In Crs)591.80

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

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Banks
ICICI Bank Limited 7.38%
HDFC Bank Limited 6.86%
Axis Bank Limited 4.00%
State Bank of India 3.88%
Software
Tata Consultancy Services Limited 5.65%
HCL Technologies Limited 4.29%
Tech Mahindra Limited 2.85%
Infosys Limited 2.26%
Petroleum Products
Reliance Industries Limited 6.09%
Hindustan Petroleum Corporation Limited 2.20%
Consumer Non Durables
Asian Paints Limited 2.77%
Colgate Palmolive (India) Limited 2.61%
Hindustan Unilever Limited 2.56%
Construction Project
Larsen & Toubro Limited 4.08%
Engineers India Limited 2.53%
Pharmaceuticals
Sun Pharmaceutical Industries Limited 3.43%
Dr. Reddy's Laboratories Limited 2.42%
Name Of Instrument Rating/Industry % to Net
Assets

Cement
Grasim Industries Limited 3.73%
Ambuja Cements Limited 1.86%
Finance
SBI Life Insurance Company Limited 3.78%
General Insurance Corporation of India 1.62%
Telecom - Services
Bharti Airtel Limited 3.06%
Bharti Airtel Limited - Rights @ 0.27%
Pesticides
UPL Limited 2.72%
Retailing
Future Retail Limited 2.52%
Chemicals
Aarti Industries Limited 2.37%
Gas
Mahanagar Gas Limited 2.33%
Industrial Products
Polycab India Limited 2.29%
Ferrous Metals
Tata Steel Limited 1.96%
Total94.37%
OTHERS
(a) Tri Party Repo Dealing System (TREPS)6.12%
(b) Net Receivables/(Payables) -0.49%
Net Assets100.00%
Total number of holdings 29
@Awaited Lisitng

Since scheme has not completed one year, performance details for the same are not provided.


Investment objective:The investment objective of the scheme is to provide capital appreciation by investing in equity and equity related instruments of maximum 30 stocks. There is no assurance that the investment objective of the scheme will be realized.
Exit Load: If the units redeemed or switched out are upto 10% of the units purchased or switched in (“the limit”) within 1 year from the date of allotment – Nil. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment – 1%. If units are redeemed or switched out on or after 1 year from the date of allotment – Nil.
For details of other funds managed by the Fund Manager and the performance of the schemes, please refer to 'Scheme Performance Section'
+ Please refer to note on expense ratios in 'Fund Manager wise Scheme Details'

pdf