L&T Liquid Fundᵟ

Data as on February 28, 2019


L&T Liquid Fundᵟ

Data as on February 28, 2019


Fund Details

NAV of Plans/Options
(as on February 28, 2019)

Rs
Daily Dividend
1011.7794
Weekly Dividend
1002.1763
Growth
2537.0848
Daily Dividend - Direct Plan
1012.8887
Weekly Dividend - Direct Plan
1000.9951
Growth - Direct Plan
2545.9139
Face ValueRs 1000
Date of Inception :
Regular PlanOctober 03, 2006
Direct PlanFebruary 28, 2012
Total Expense Ratio+ : 0.15% (Regular)
0.10% (Direct)
- Including Additional Expenses, B30 charges and GST on Management Fees
- Total Expense Ratio is as on the last business day of the month
Options• Growth
• Dividend (Reinvestment and Payout) - Weekly Dividend
• Daily Dividend Reinvestment Plan
Minimum Application size
(Initial)
Weekly Dividend and Growth:
Rs 10,000 per application and in multiples of Rs 1 thereafter
Daily Dividend Reinvestment Plan (“DDRIP”): Rs 1,00,000 per application and in multiples of Rs 1 thereafter
Additional InvestmentRs 1,000 per application and in multiples of Rs 1 thereafter
Minimum Redemption Size Regular Plan : Rs 1000/- per application or 1 unit
Weekly Dividend/ Growth/ DDRIP: Rs 1000 per application or 1 unit
Fund ManagerMr Shriram Ramanathan and Mr. Jalpan Shah
BenchmarkCRISIL Liquid Fund Index
Monthly Average AUM (Rs In Crs)15,306.39
Month end AUM(Rs In Crs)17,013.78

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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
Housing Development Finance Corporation Limited CRISIL AAA 1.21%
Indiabulls Housing Finance Limited CRISIL AAA 0.73%
Tata Capital Financial Services Limited ICRA AA+ 0.59%
Indian Railway Finance Corporation Limited CRISIL AAA 0.53%
Sundaram Finance Limited CRISIL AAA 0.30%
Total 3.36%
MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
Axis Bank Limited CRISIL A1+ 5.45%
Reliance Industries Limited CRISIL A1+ 4.52%
Reliance Jio Infocomm Limited CRISIL A1+ 4.14%
Tata Steel Limited ICRA A1+ 4.08%
Vedanta Limited CRISIL A1+ 3.84%
IDFC First Bank Limited ICRA A1+ 3.42%
NTPC Limited CRISIL A1+ 3.21%
Chennai Petroleum Corporation Limited CRISIL A1+ 2.93%
Vijaya Bank ICRA A1+ 2.91%
Tata Power Company Limited CRISIL A1+ 2.89%
Canara Bank CRISIL A1+ 2.87%
Hindustan Zinc Limited CRISIL A1+ 2.84%
Grasim Industries Limited CRISIL A1+ 2.76%
Reliance Retail Limited CRISIL A1+ 2.68%
Power Finance Corporation Limited CRISIL A1+ 2.34%
Manappuram Finance Limited CRISIL A1+ 2.03%
Indian Oil Corporation Limited ICRA A1+ 1.98%
National Bank for Agricultural & Rural Development CRISIL A1+ 1.79%
JSW Steel Limited ICRA A1+ 1.77%
Adani Ports and Special Economic Zone Limited ICRA A1+ 1.76%
LIC Housing Finance Limited CRISIL A1+ 1.76%
Muthoot Finance Limited CRISIL A1+ 1.75%
UltraTech Cement Limited CRISIL A1+ 1.74%
India Infoline Finance Limited CRISIL A1+ 1.74%
Aditya Birla Capital Limited CRISIL A1+ 1.46%
Indusind Bank Limited CRISIL A1+ 1.89%
National Bank for Agricultural & Rural Development ICRA A1+ 1.44%
Grasim Industries Limited ICRA A1+ 1.44%
National Bank for Agriculture & Rural Development ICRA A1+ 1.41%
Name Of Instrument
Rating/Industry
% to Net
Assets

Union Bank Of India ICRA A1+ 1.40%
ICICI Bank Limited ICRA A1+ 1.31%
Housing Development Finance Corporation Limited CRISIL A1+ 1.23%
Indian Bank IND A1+ 1.19%
Hinduja Leyland Finance Limited CRISIL A1+ 1.17%
ICICI Securities Primary Dealership Limited CRISIL A1+ 1.17%
Bajaj Housing Finance Limited CRISIL A1+ 1.16%
PNB Housing Finance Limited CRISIL A1+ 1.16%
Hero Fincorp Limited CRISIL A1+ 1.13%
Bajaj Finance Limited CRISIL A1+ 1.00%
Indian Oil Corporation Limited CRISIL A1+ 0.87%
Kotak Securities Limited CRISIL A1+ 0.87%
ICICI Securities Limited CRISIL A1+ 0.90%
IIFL Home Finance Limited CRISIL A1+ 0.87%
Aditya Birla Housing Finance Limited ICRA A1+ 0.85%
Turquoise Investments And Finance Private Limited CRISIL A1+ 0.58%
Power Finance Corporation Limited CRISIL A1+ 0.58%
Indus Towers Limited CRISIL A1+ 0.58%
TGS Investment & Trade Private Limited ICRA A1+ 0.58%
Mahindra & Mahindra Financial Services Limited CRISIL A1+ 0.56%
Vijaya Bank CARE A1+ 0.29%
Tata Power Solar Systems Limited (corporate guarantee of Tata Power Co Ltd) CRISIL A1+(SO) 0.29%
HT Media Limited CRISIL A1+ 0.26%
Aditya Birla Finance Limited ICRA A1+ 0.24%
Kotak Commodity Services Limited ICRA A1+ 0.15%
Tata Capital Financial Services Limited CRISIL A1+ 0.12%
Coromandel International Limited CRISIL A1+ 0.06%
Axis Finance Limited CRISIL A1+ 0.03%
HDFC Bank Limited IND A1+ 0.03%
HDB Financial Services Limited CARE A1+ 0.03%
Indusind Bank CRISIL A1+ 0.03%
SBI Cards & Payment Services Private Limited CRISIL A1+ 0.03%
National Bank for Agriculture & Rural Development CRISIL A1+ 0.03%
Total 95.59%
Cash Management Bills
45 DAY CMB 18-MAR-2019 SOVEREIGN 0.08%
Total 0.08%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 4.91%
Net Receivable/Payable -3.94%
Grand Total 100.00%
Average Maturity 0.10 years
Modified Duration 0.09 years
YTM 6.96%








Investment objective:To generate reasonable returns while maintaining safety and providing the investor superior liquidity. To achieve this objective, investments will be predominantly made in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt.
Exit Load: Nil
For details of expenses charged to Regular and Institutional Plus Plans (subscriptions under which are not accepted w.e.f. October 01, 2012), please refer to the respective fund page under “Our Funds” on our website www.ltfs.com
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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