L&T Business Cycles Fund

Data as on July 31, 2017


L&T Business Cycles Fund

Data as on July 31, 2017


Fund Details

NAV of Plans/Options
(as on July 31, 2017)

Rs
Dividend Option - Regular Plan 14.737
Growth Option - Regular Plan 15.751
Dividend Option - Direct Plan 15.039
Growth Option - Direct Plan 16.054
Date of Inception :
Regular PlanAugust 20, 2014
Direct PlanAugust 20, 2014
Expense Ratio+ :2.24% (Regular)
1.74% (Direct)
Portfolio Turnover :0.4188
OptionsGrowth, Dividend . The Dividend option offers Payout or 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. Venugopal Manghat and Mr. Karan Desai (w.e.f. Feb 3, 2017) (for investments in foreign securities)
BenchmarkS&P BSE 200 Index
Monthly Average AUM (Rs In Crs)991.19
Month end AUM(Rs In Crs)992.51

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

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
 
Banks
HDFC Bank Limited 4.69%
ICICI Bank Limited 4.27%
State Bank of India 3.09%
IndusInd Bank Limited 2.45%
The Federal Bank Limited 2.00%
Kotak Mahindra Bank Limited 1.76%
Vijaya Bank 0.51%
Construction Project
Indian Hume Pipe Company Limited 3.53%
Larsen & Toubro Limited 3.33%
Engineers India Limited 2.89%
Ashoka Buildcon Limited 1.42%
Sadbhav Engineering Limited 1.41%
Cement
The Ramco Cements Limited 2.53%
UltraTech Cement Limited 2.48%
Shree Cements Limited 2.06%
Birla Corporation Limited 1.06%
JK Lakshmi Cement Limited 0.98%
Construction
KNR Constructions Limited 2.27%
ITD Cementation India Limited 1.48%
Kajaria Ceramics Limited 1.41%
NBCC (India) Limited 1.33%
Ahluwalia Contracts India Limited 1.24%
Sobha Limited 0.21%
Industrial Products
Finolex Cables Limited 2.24%
Timken India Limited 2.08%
AIA Engineering Limited 1.12%
FAG Bearings India Limited 0.98%
Bharat Forge Limited 0.63%
Nilkamal Limited 0.51%
Auto
Maruti Suzuki India Limited 3.26%
Eicher Motors Limited 2.19%
Escorts Limited 0.54%
Consumer Durables
Whirlpool of India Limited 1.54%
Johnson Controls - Hitachi Air Conditioning India Limited 1.39%
Blue Star Limited 1.19%
Titan Company Limited 1.09%
Finance
Housing Development Finance Corporation Limited 1.36%
ICICI Prudential Life Insurance Company Limited 1.31%
Name Of Instrument Rating/Industry % to Net
Assets

Bajaj Finserv Limited 1.16%
Manappuram Finance Limited 0.74%
Non - Ferrous Metals
Hindalco Industries Limited 2.35%
Vedanta Limited 1.80%
Industrial Capital Goods
Bharat Electronics Limited 2.13%
V-Guard Industries Limited 0.99%
ABB India Limited 0.30%
Transportation
Adani Ports and Special Economic Zone Limited 1.36%
VRL Logistics Limited 1.12%
Petroleum Products
Indian Oil Corporation Limited 1.62%
Hindustan Petroleum Corporation Limited 0.61%
Power
Kalpataru Power Transmission Limited 2.04%
Jyoti Structures Limited 0.10%
Auto Ancillaries
WABCO India Limited 0.87%
MRF Limited 0.59%
Sundram Fasteners Limited 0.52%
Ferrous Metals
Ratnamani Metals & Tubes Limited 1.10%
Jindal Steel & Power Limited 0.42%
Retailing
Trent Limited 0.90%
Future Retail Limited 0.34%
Avenue Supermarts Limited 0.17%
Gas
Aegis Logistics Limited 1.39%
Media & Entertainment
PVR Limited 1.38%
Fertilisers
Coromandel International Limited 1.36%
Pesticides
UPL Limited 1.34%
Telecom - Equipment & Accessories
Astra Microwave Products Limited 1.06%
Chemicals
Premier Explosives Limited 0.89%
Total98.48%

Cash & Cash Equivalents
Net Receivable/Payable 1.52%

Total 1.52%

Grand Total 100.00%

Total number of holdings 65

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 seek to generate long-term capital appreciation from a diversiļ¬ed portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian market with focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.
Exit Load:For redemption within 18 months from the date of allotment or Purchase applying First in First Out basis:- 1.00% of 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 refer to note on expense ratios in 'Fund Manager wise Scheme Details'