L&T Dynamic Equity Fund

Data as on August 31, 2018


L&T Dynamic Equity Fund

Data as on August 31, 2018


Fund Details

NAV of Plans/Options
(as on August 31, 2018)

Rs
Dividend Option - Regular Plan
17.9070
Growth Option - Regular Plan
23.819
Dividend Option - Direct Plan
19.188
Growth Option - Direct Plan
25.227
Date of Inception :
Regular PlanFebruary 7, 2011
Direct PlanJanuary 01, 2013
Total Expense Ratio+ : 2.75% (Regular)
1.72% (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 :6.9766
OptionsGrowth and Dividend. The Dividend Option offers Payout and Reinvestment facilities.
Minimum Application size
(Initial)
Rs 5,000 per application
Additional Investment Rs 1,000 per application
Minimum Redemption Size Rs 500 or 50 units
Fund ManagerMr. S. N. Lahiri and Mr. Praveen Ayathan (investments in equity and equity related instruments) and Mr. Jalpan Shah (investments in debt and debt related instruments) (w.e.f. May 30, 2016)
Benchmark50% - S&P BSE-200 TRI Index and 50% CRISIL Short Term Bond Fund Index
Monthly Average AUM (Rs In Crs)528.38
Month end AUM(Rs In Crs)537.79

Portfolio Allocation
Name Of Instrument % to Net
Assets
% to Net
Assets
(hedged)
% to Net
Assets
(unhedged)

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Finance
Housing Development Finance Corporation Limited
4.51%
2.65%
1.86%
Cholamandalam Investment and Finance Company Limited
1.27%
                 
-  
1.27%
IDFC Limited
4.25%
4.25%
                 
-  
Bharat Financial Inclusion Limited
3.10%
3.10%
                 
-  
Multi Commodity Exchange of India Limited
0.83%
0.83%
                 
-  
Capital First Limited
0.70%
0.70%
                 
-  
Muthoot Finance Limited
0.53%
0.53%
                 
-  
ICICI Prudential Life Insurance Company Limited
0.48%
0.48%
                 
-  
Shriram Transport Finance Company Limited
0.40%
0.40%
                 
-  
Indiabulls Housing Finance Limited
0.25%
0.25%
                 
-  
Equitas Holdings Limited
0.13%
0.13%
                 
-  
Banks
HDFC Bank Limited
2.94%
                 
-  
2.94%
ICICI Bank Limited
3.70%
1.66%
2.04%
Indian Bank
1.55%
                 
-  
1.55%
IndusInd Bank Limited
1.03%
                 
-  
1.03%
Kotak Mahindra Bank Limited
0.97%
                 
-  
0.97%
Punjab National Bank
3.70%
3.70%
                 
-  
Bank of Baroda
1.64%
1.64%
                 
-  
Union Bank of India
0.31%
0.31%
                 
-  
Software
Tata Consultancy Services Limited
3.51%
                 
-  
3.51%
MphasiS Limited
1.44%
                 
-  
1.44%
Pharmaceuticals
Sun Pharmaceutical Industries Limited
1.08%
                 
-  
1.08%
Lupin Limited
0.49%
                 
-  
0.49%
Aurobindo Pharma Limited
2.04%
2.04%
                 
-  
Glenmark Pharmaceuticals Limited
0.48%
0.48%
                 
-  
Strides Pharma Science Limited
0.47%
0.47%
                 
-  
Biocon Limited
0.11%
0.11%
                 
-  
Construction Project
Larsen & Toubro Limited
1.31%
                 
-  
1.31%
H.G Infra Engineering Limited
0.93%
                 
-  
0.93%
NCC Limited
0.60%
0.60%
                 
-  
Textile Products
Raymond Limited
2.81%
2.81%
                 
-  
Consumer Non Durables
Emami Limited
1.45%
                 
-  
1.45%
Asian Paints Limited
1.12%
                 
-  
1.12%
Godfrey Phillips India Limited
0.02%
0.02%
                 
-  
Ferrous Metals
Tata Steel Limited
1.28%
1.28%
                 
-  
Steel Authority of India Limited
1.09%
1.09%
                 
-  
Industrial Products
Graphite India Limited
1.31%
                 
-  
1.31%
Carborundum Universal Limited
0.97%
                 
-  
0.97%
Name Of Instrument % to Net
Assets
% to Net
Assets
(hedged)
% to Net
Assets
(unhedged)

Bharat Forge Limited
0.02%
0.02%
                 
-  
Petroleum Products
Reliance Industries Limited
2.24%
0.62%
1.62%
Cement
ACC Limited
1.03%
                 
-  
1.03%
Century Textiles & Industries Limited
0.90%
                 
-  
0.90%
Non - Ferrous Metals
Vedanta Limited
0.92%
0.92%
                 
-  
National Aluminium Company Limited
0.65%
0.65%
                 
-  
Construction
IRB Infrastructure Developers Limited
1.49%
1.49%
                 
-  
Power
Tata Power Company Limited
0.86%
0.86%
                 
-  
Reliance Power Limited
0.20%
0.20%
                 
-  
Reliance Infrastructure Limited
0.12%
0.12%
                 
-  
Auto Ancillaries
Balkrishna Industries Limited
0.69%
0.69%
                 
-  
Exide Industries Limited
0.04%
0.04%
                 
-  
Paper
Emami Paper Limited
0.71%
                 
-  
0.71%
Pesticides
UPL Limited
0.67%
0.67%
                 
-  
Fertilisers
Gujarat State Fertilizers & Chemicals Limited
0.43%
0.43%
                 
-  
Media & Entertainment
TV18 Broadcast Limited
0.32%
0.32%
                 
-  
 Total
66.09%
36.56%
29.53%
Name of Instrument Rating/
Industry
% to Net
Assets
MONEY MARKET INSTRUMENT
Certificate of Deposit/Commercial Paper
Axis Bank Limited
ICRA A1+
0.18%
Total
0.18%
DEBT INSTRUMENTS
Fixed Rates Bonds - Corporate
Listed / Awaiting listing on Stock Exchanges
Small Industries Development Bank of India
CARE AAA
4.65%
National Bank for Agriculture & Rural Development
CRISIL AAA
4.65%
Rural Electrification Corporation Limited
CRISIL AAA
3.66%
Indian Railway Finance Corporation Limited
CRISIL AAA
1.86%
Power Grid Corporation of India Limited
CRISIL AAA
0.93%
Blue Dart Express Limited
ICRA AA
-
Blue Dart Express Limited
ICRA AA
-
Total
15.75%
OTHERS
 
(a) Fixed Deposits
 
HDFC Bank Limited
 
9.97%
Total
9.97%
(b) Margin as Cash Margin
0.81%
(c) Collateralised Borrowing and Lending Obligation
3.60%
(d) Net Receivables/(Payables)
3.60%
Net Assets
100.00%
Total number of holdings
54
All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND.
Total outstanding position (as at Aug, 2018) in Derivative Instruments (Gross Notional) 19,789.40 lakhs
Total percentage of existing assets hedged through futures is 36.56%

$(B) 50% - S&P BSE-200 Index and 50% - 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.

Investment objective:To seek to generate long-term capital appreciation from a diversified portfolio of equity and equity related securities and to generate reasonable returns by investing in a portfolio of debt and money market instruments and arbitrage opportunities in the cash and derivatives segments of the equity markets.
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'

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