L&T Conservative Hybrid Fund
(Formerly known as L&T Monthly Income Plan)ᵟ

 

Data as on February 28, 2019


L&T Conservative Hybrid Fund (Formerly known as L&T Monthly Income Plan)ᵟ

Data as on February 28, 2019


Fund Details

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

Rs
Monthly Dividend - Regular Plan
10.5499
Quarterly Dividend - Regular Plan
11.0810
Growth Plan - Regular Plan
33.8888
Monthly Dividend - Direct Plan
11.1972
Quarterly Dividend - Direct Plan
11.5222
Growth Plan - Direct Plan
35.3861
Date of Inception :
Regular Plan July 31, 2003
Direct Plan January 01, 2013
Total Expense Ratio+ : 2.46% (Regular)
1.59% (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)
1. Monthly Dividend
2. Quarterly Dividend
Minimum Application size
(Initial)
Rs 10,000 per application and in multiples of Rs 1 thereafter
Additional Investment Rs 1,000 per application and in multiples of Rs 1 thereafter.
Minimum Redemption Size Rs500 or 50 units
Fund Manager Mr. Jalpan Shah (Debt portion) (w.e.f. May 30, 2016) and Mr. Venugopal Manghat (Equity portion)
Benchmark CRISIL Hybrid 85+15 - Conservative Index
Monthly Average AUM (Rs In Crs) 42.52
Month end AUM(Rs In Crs) 42.23



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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
Small Industries Development Bank of India CARE AAA 11.85%
Rec Limited CRISIL AAA 11.46%
ICICI Bank Limited ICRA AA+ 5.82%
Total 29.13%
EQUITY & EQUITY RELATED
Listed / awaiting listing on the stock exchanges
Reliance Industries Limited Petroleum Products 1.07%
HDFC Bank Limited Banks 1.06%
ICICI Bank Limited Banks 0.85%
Infosys Limited Software 0.79%
Tata Consultancy Services Limited Software 0.78%
Future Lifestyle Fashions Limited Retailing 0.74%
State Bank of India Banks 0.68%
Larsen & Toubro Limited Construction Project 0.61%
The Ramco Cements Limited Cement 0.60%
ITC Limited Consumer Non Durables 0.59%
Housing Development Finance Corporation Limited Finance 0.58%
Axis Bank Limited Banks 0.49%
Bajaj Finance Limited Finance 0.41%
UltraTech Cement Limited Cement 0.40%
Kotak Mahindra Bank Limited Banks 0.37%
Hindustan Unilever Limited Consumer Non Durables 0.37%
Asian Paints Limited Consumer Non Durables 0.35%
HCL Technologies Limited Software 0.34%
Sobha Limited Construction 0.32%
Sterlite Technologies Limited Telecom - Equipment & Accessories 0.32%
Trent Limited Retailing 0.32%
Shree Cements Limited Cement 0.31%
Bajaj Finserv Limited Finance 0.31%
Ashoka Buildcon Limited Construction Project 0.30%
Ahluwalia Contracts India Limited Construction 0.30%
Endurance Technologies Limited Auto Ancillaries 0.29%
K.P.R. Mill Limited Textile Products 0.28%

Name Of Instrument
Rating/Industry
% to Net
Assets

Maruti Suzuki India Limited Auto 0.27%
MindTree Limited Software 0.27%
UPL Limited Pesticides 0.27%
Sun Pharmaceutical Industries Limited Pharmaceuticals 0.26%
Engineers India Limited Construction Project 0.25%
Vedanta Limited Non - Ferrous Metals 0.25%
Lumax Industries Limited Auto Ancillaries 0.25%
Blue Star Limited Consumer Durables 0.25%
Tech Mahindra Limited Software 0.24%
Brigade Enterprises Limited Construction 0.22%
Bharti Infratel Limited Telecom - Equipment & Accessories 0.21%
The Indian Hotels Company Limited Hotels 0.20%
Bharti Airtel Limited Telecom - Services 0.20%
Tata Chemicals Limited Chemicals 0.16%
Dishman Carbogen Amcis Limited Pharmaceuticals 0.15%
Natco Pharma Limited Pharmaceuticals 0.14%
Hindustan Petroleum Corporation Limited Petroleum Products 0.11%
The India Cements Limited Cement 0.09%
Lupin Limited Pharmaceuticals 0.07%
Tata Steel Limited - Partly Paid Up Ferrous Metals 0.00%
Total 17.69%
PREFERENCE SHARES
Listed/awaiting listing on the stock exchanges
Zee Entertainment Enterprises Limited Media & Entertainment 0.02%
Total 0.02%
GOVERNMENT BONDS
07.59% GOI 11-JAN-2026 SOVEREIGN 23.91%
07.37% GOI 16-APR-2023 SOVEREIGN 11.99%
Total 35.90%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo   18.41%
Net Receivable/Payable   -1.15%
Grand Total 100.00%
Average Maturity 3.31 years
Modified Duration 2.60 years
YTM 7.61%

Pursuant to declaration/ payment of dividend, the NAV will fall to the extent of the payout and statutory levy (if applicable).
Face value Rs10/-.
Past performance of the aforesaid schemes may or may not be sustained in future.



Investment objective: To generate regular income through investments in a range of Debt, Equity and Money Market Instruments. Income will be distributed only if the same is earned by the scheme and there can be no assurance that the objective of the scheme will be realized.
Exit Load:If the units redeemed or switched out are upto 10% of the units (the limit) purchased or switched 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.
ᵟPursuant 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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