L&T Hybrid Equity Fund
(Formerly known as L&T India Prudence Fund)ᵟ

Data as on April 30, 2019


L&T Hybrid Equity Fund
(Formerly known as L&T India Prudence Fund)ᵟ

Data as on April 30, 2019


Fund Details

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

Rs
Dividend Option - Regular Plan
19.190
Annual Dividend - Regular Plan
12.116
Growth Option - Regular Plan
26.204
Dividend Option - Direct Plan
21.267
Annual Dividend - Direct Plan
12.691
Growth Option - Direct Plan
27.923
Volatility Measures*:
Standard Deviation 9.68%
R-Squared 0.91
Beta1.03
Sharpe Ratio# 0.46
*Source: ICRA MFIE
#Risk free rate assumed to be 6.17%
(based on 3-months Mibor NSE rate during last 3 months
Date of Inception :
Regular PlanFebruary 7, 2011
Direct PlanJanuary 01, 2013
Total Expense Ratio+ : 1.81% (Regular)
0.88% (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 :1.0119
Options• Growth • Dividend Option (Reinvestment and Payout)
• Annual Dividend Option
(Reinvestment and Payout)
Minimum Application size
(Initial)
Rs 5,000 per application
Additional InvestmentRs 1,000 per application
Minimum Redemption SizeRs 500 or 50 units
Fund ManagerMr. S. N. Lahiri (investments in equity and equity related instruments), Mr. Shriram Ramanathan (investments in debt and debt related instruments) (w.e.f. May 30, 2016) and Mr. Karan Desai (w.e.f. Feb 2, 2017) (for investments in foreign securities)
Benchmark70% - S&P BSE 200 TRI Index and 30% - CRISIL Short Term Bond Fund Index
Monthly Average AUM (Rs In Crs) 9,598.72
Month end AUM(Rs In Crs) 9,490.27

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

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Banks
ICICI Bank Limited 6.44%
HDFC Bank Limited 6.14%
Axis Bank Limited 3.52%
RBL Bank Limited 2.39%
Kotak Mahindra Bank Limited 2.15%
State Bank of India 1.95%
Indian Bank 1.08%
Software
Tata Consultancy Services Limited 4.41%
HCL Technologies Limited 3.21%
MphasiS Limited 2.08%
Infosys Limited 1.18%
Consumer Non Durables
ITC Limited 1.96%
Colgate Palmolive (India) Limited 1.58%
Emami Limited 1.06%
Hindustan Unilever Limited 1.02%
Construction Project
Larsen & Toubro Limited 4.13%
Engineers India Limited 0.75%
Techno Electric & Engineering Company Limited 0.24%
Ashoka Buildcon Limited 0.17%
Indian Hume Pipe Company Limited 0.13%
Pharmaceuticals
Sun Pharmaceutical Industries Limited 2.24%
Lupin Limited 1.44%
Dr. Reddy's Laboratories Limited 0.99%
GlaxoSmithKline Pharmaceuticals Limited 0.32%
Finance
Housing Development Finance Corporation Limited 2.04%
ICICI Prudential Life Insurance Company Limited 0.81%
ICICI Securities Limited 0.67%
General Insurance Corporation of India 0.56%
SBI Life Insurance Company Limited 0.32%
Petroleum Products
Reliance Industries Limited 4.05%
Cement
The Ramco Cements Limited 2.30%
Century Textiles & Industries Limited 1.08%
Birla Corporation Limited 0.06%
Retailing
Future Retail Limited 2.16%
Trent Limited 1.11%
Industrial Products
Supreme Industries Limited 1.16%
Graphite India Limited 0.51%
Polycab India Limited 0.50%
Telecom - Services
Bharti Airtel Limited 1.88%
Bharti Airtel Limited - Rights @ 0.17%
Industrial Capital Goods
Bharat Electronics Limited 0.77%
Apar Industries Limited 0.39%
Isgec Heavy Engineering Limited 0.28%
Gas
GAIL India Limited 0.98%
Media & Entertainment
Sun TV Network Limited 0.97%
Textile Products
K.P.R. Mill Limited 0.51%
Dollar Industries Limited 0.25%
Construction
Somany Ceramics Limited 0.38%
Pesticides
Sharda Cropchem Limited 0.34%
Total 74.83%
MONEY MARKET INSTRUMENT
Certificate of Deposit/Commercial Paper
Reliance Retail Limited CRISIL A1+ 0.58%
Punjab National Bank CARE A1+ 0.58%
Vedanta Limited CRISIL A1+ 0.26%
Total 1.42%
DEBT INSTRUMENTS
Fixed Rates Bonds - Corporate
Listed / Awaiting listing on Stock Exchanges
National Bank for Agriculture & Rural Development CRISIL AAA 2.08%
Housing Development Finance Corporation Limited CRISIL AAA 1.06%
Rec Limited CRISIL AAA 0.80%
State Bank Of India CRISIL AA+ 0.79%
Reliance Industries Limited CRISIL AAA 0.78%
IndusInd Bank Limited CRISIL AA 0.67%
National Bank for Agriculture & Rural Development CRISIL AAA 0.53%
LIC Housing Finance Limited CRISIL AAA 0.53%
National Bank for Agriculture & Rural Development CRISIL AAA 0.49%
LIC Housing Finance Limited CRISIL AAA 0.45%
LIC Housing Finance Limited CRISIL AAA 0.45%
HDFC Bank Limited CRISIL AA+ 0.44%
State Bank Of India CRISIL AA+ 0.40%
National Highways Authority of India CRISIL AAA 0.40%
Sikka Ports & Terminals Limited (erstwhile Reliance Ports & Terminals Ltd) CRISIL AAA 0.37%
Small Industries Development Bank of India CARE AAA 0.32%
Power Grid Corporation Limited CRISIL AAA 0.30%
Name Of Instrument Rating/Industry % to Net
Assets

HDFC Bank Limited CRISIL AAA 0.27%
NHPC Limited CARE AAA 0.27%
Housing Development Finance Corporation Limited CRISIL AAA 0.26%
Indian Railway Finance Corporation Limited CRISIL AAA 0.26%
Rec Limited CRISIL AAA 0.26%
Power Finance Corporation Limited CRISIL AAA 0.26%
Power Finance Corporation Limited CRISIL AAA 0.26%
National Housing Bank CRISIL AAA 0.26%
Rec Limited CRISIL AAA 0.26%
Sundaram Finance Limited CRISIL AAA 0.25%
Indian Railway Finance Corporation Limited CRISIL AAA 0.21%
Power Finance Corporation Limited CRISIL AAA 0.20%
NTPC Limited CRISIL AAA 0.20%
Rec Limited CRISIL AAA 0.11%
Power Finance Corporation Limited CRISIL AAA 0.10%
National Highways Authority of India CRISIL AAA 0.08%
Export Import Bank Of India CRISIL AAA 0.08%
Housing Development Finance Corporation Limited CRISIL AAA 0.08%
Bank of Baroda CARE AAA 0.08%
Housing Development Finance Corporation Limited CRISIL AAA 0.08%
Export Import Bank Of India CRISIL AAA 0.06%
Indian Railway Finance Corporation Limited CRISIL AAA 0.05%
Power Finance Corporation Limited CRISIL AAA 0.05%
Rec Limited CRISIL AAA 0.05%
Power Grid Corporation of India Limited CRISIL AAA 0.05%
Nuclear Power Corporation Of India Limited CRISIL AAA 0.03%
National Bank for Agricultural & Rural Development CRISIL AAA 0.03%
National Bank for Agriculture & Rural Development CRISIL AAA 0.03%
NTPC Limited CRISIL AAA 0.03%
Housing and Urban Development Corporation Limited CARE AAA 0.03%
Power Finance Corporation Limited CRISIL AAA 0.03%
Small Industries Development Bank of India CARE AAA 0.02%
Housing Development Finance Corporation Limited CRISIL AAA 0.02%
Housing and Urban Development Corporation Limited CARE AAA 0.01%
Indian Railway Finance Corporation Limited CRISIL AAA 0.01%
Indian Railway Finance Corporation Limited CARE AAA 0.01%
Blue Dart Express Limited ICRA AA ^
Total 15.20%
Unlisted
Tata Sons Limited CRISIL AAA 0.10%
Total 0.10%
Zero Coupon Bonds - Corporate Privately placed / Unlisted
Sundaram Finance Limited ICRA AAA 0.32%
Mahindra & Mahindra Financial Services Limited IND AAA 0.16%
Total 0.48%
GOVERNMENT SECURITIES
Fixed Rates Bonds - Government
07.17% GOI 08-JAN-2028
SOVEREIGN 1.44%
07.72% GOI 25-MAY-2025
SOVEREIGN 0.53%
07.26% GOI 14-JAN-2029
SOVEREIGN 0.52%
08.15% GOI 11-JUN-2022
SOVEREIGN 0.27%
08.08% GOI 02-AUG-2022
SOVEREIGN 0.27%
06.84% GOI 19-DEC-2022
SOVEREIGN 0.26%
07.35% GOI 22-JUN-2024
SOVEREIGN 0.16%
07.32% GOI 28-JAN-2024
SOVEREIGN 0.13%
07.59% GOI 11-JAN-2026
SOVEREIGN 0.05%
08.12% GOI 10-DEC-2020
SOVEREIGN 0.03%
07.68% GOI 15-DEC-2023
SOVEREIGN  -   
Total 3.66%
Deposits
(a) Fixed Deposits
HDFC Bank Limited 0.11%
HDFC Bank Limited (placed as margin) 0.11%
Total 0.22%
OTHERS
(c) Tri Party Repo Dealing System (TREPS)4.00%
(d) Net Receivables/(Payables)0.09%
Net Assets 100.00%
Total number of holdings 49
@Awaited Listing
All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND.

$(B) 70% BSE 200 Index and 20% CRISIL Short Term Bond Fund Index
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 Formerly known as L&T India Prudence Fund

Investment objective: To seek to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments.
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.
ᵟ Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid effective from May 14, 2018. 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'

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