L&T Equity Savings Fund

Data as on December 29, 2017


L&T Equity Savings Fund

Data as on December 29, 2017


Fund Details

NAV of Plans/Options
(as on December 29, 2017)

Rs
Monthly Dividend - Regular Plan 12.482
Quarterly Dividend - Regular Plan 12.262
Growth Plan - Regular Plan 17.330
Monthly Dividend - Direct Plan 12.719
Quarterly Dividend - Direct Plan 12.951
Growth Plan - Direct Plan 17.997
Date of Inception :
Regular PlanOctober 18, 2011
Direct PlanJanuary 01, 2013
Expense Ratio+ :1.88% (Regular)
1.33% (Direct)
Portfolio Turnover :8.2848
Options• Growth
• Dividend:
1. Monthly Dividend (Reinvestment and Payout)
2. Quarterly Dividend (Reinvestment and Payout)
Minimum Application size
(Initial)
Rs 5,000 per application and in multiples of Rs 1 thereafter
Additional InvestmentRs 1,000 per application and in multiples of Rs 1 thereafter
Minimum Redemption SizeRs 500 or 50 units
Fund ManagerMr. Venugopal Manghat and Mr. Praveen Ayathan (Equity portion) and Mr. Jalpan Shah (Debt portion) (w.e.f. May 30, 2016)
BenchmarkNifty 50 Arbitrage (75%) + S&P BSE 200 (25%)
Monthly Average AUM (Rs In Crs)142.62
Month end AUM(Rs In Crs)151.11

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 0.85% 0.45% 0.40%
Bajaj Finserv Limited 0.31% 0.31%
Bajaj Finance Limited 0.27% 0.27%
Reliance Capital Limited 5.66% 5.64% 0.02%
IFCI Limited 1.30% 1.29% 0.01%
Multi Commodity Exchange of India Limited 2.59% 2.58% 0.01%
Ujjivan Financial Services Limited 1.32% 1.31% 0.01%
Indiabulls Housing Finance Limited 0.60% 0.60%
IDFC Limited 0.38% 0.38%
Muthoot Finance Limited 0.14% 0.14%
Banks
HDFC Bank Limited 0.66% 0.66%
ICICI Bank Limited 0.49% 0.49%
Kotak Mahindra Bank Limited 0.48% 0.48%
The Federal Bank Limited 0.48% 0.48%
State Bank of India 0.44% 0.44%
IndusInd Bank Limited 0.43% 0.43%
Bank of Baroda 0.33% 0.33%
Axis Bank Limited 0.16% 0.16%
IDFC Bank Limited 0.97% 0.96% 0.01%
Punjab National Bank 2.09% 2.08% 0.01%
Power
Kalpataru Power Transmission Limited 0.43% 0.43%
Reliance Infrastructure Limited 3.72% 3.70% 0.02%
CESC Limited 0.53% 0.53%
PTC India Limited 0.25% 0.25%
NHPC Limited 0.23% 0.23%
Reliance Power Limited 0.13% 0.13%
Industrial Capital Goods
Bharat Electronics Limited 0.41% 0.41%
BEML Limited 0.32% 0.32%
CG Power and Industrial Solutions Limited 2.06% 2.05% 0.01%
Suzlon Energy Limited 1.55% 1.54% 0.01%
Reliance Naval and Engineering Limited 0.82% 0.82%
Construction
KNR Constructions Limited 0.61% 0.61%
NBCC (India) Limited 0.54% 0.54%
Prestige Estates Projects Limited 0.52% 0.52%
ITD Cementation India Limited 0.50% 0.50%
Sobha Limited 0.48% 0.48%
Sunteck Realty Limited 0.41% 0.41%
Oberoi Realty Limited 0.36% 0.36%
Brigade Enterprises Limited 0.32% 0.32%
Kajaria Ceramics Limited 0.26% 0.26%
Ahluwalia Contracts India Limited 0.17% 0.17%
Fertilisers
Coromandel International Limited 0.27% 0.27%
Gujarat State Fertilizers & Chemicals Limited 3.34% 3.33% 0.01%
Consumer Non Durables
Hindustan Unilever Limited 0.51% 0.51%
ITC Limited 0.49% 0.49%
Tata Global Beverages Limited 0.47% 0.47%
United Spirits Limited 0.34% 0.34%
Kaveri Seed Company Limited 1.63% 1.62% 0.01%
Jubilant Foodworks Limited 0.17% 0.17%
Industrial Products
Bharat Forge Limited 0.79% 0.79%
HEG Limited 0.74% 0.74%
Graphite India Limited 0.56% 0.56%
Finolex Cables Limited 0.50% 0.50%
Construction Project
KEC International Limited 0.55% 0.55%
Sadbhav Engineering Limited 0.53% 0.53%
Larsen & Toubro Limited 0.51% 0.51%
Engineers India Limited 0.35% 0.35%
Indian Hume Pipe Company Limited 0.26% 0.26%
GMR Infrastructure Limited 0.33% 0.33%
Telecom - Services
Bharti Airtel Limited 0.69% 0.06% 0.63%
Tata Communications Limited 1.77% 1.76% 0.01%
Software
MindTree Limited 0.45% 0.45%
HCL Technologies Limited 0.37% 0.37%
Tata Consultancy Services Limited 0.21% 0.21%
KPIT Technologies Limited 1.24% 1.23% 0.01%
Pharmaceuticals
Divi's Laboratories Limited 0.63% 0.63%
Sun Pharmaceutical Industries Limited 0.33% 0.33%
Lupin Limited 0.26% 0.26%
Natco Pharma Limited 0.19% 0.19%
Glenmark Pharmaceuticals Limited 0.46% 0.46%
Piramal Enterprises Limited 0.11% 0.11%
Name Of Instrument % to Net
Assets
% to Net
Assets
(hedged)
% to Net
Assets
(unhedged)

Auto
Maruti Suzuki India Limited 0.62% 0.62%
Hero MotoCorp Limited 0.38% 0.38%
Eicher Motors Limited 0.23% 0.23%
Ashok Leyland Limited 0.66% 0.66%
Petroleum Products
Reliance Industries Limited 1.48% 0.85% 0.63%
Hindustan Petroleum Corporation Limited 0.35% 0.35%
Cement
The Ramco Cements Limited 0.63% 0.63%
Shree Cements Limited 0.51% 0.51%
Grasim Industries Limited 0.46% 0.46%
JK Lakshmi Cement Limited 0.19% 0.19%
Textile Products
K.P.R. Mill Limited 0.22% 0.22%
Dollar Industries Limited 0.15% 0.15%
Raymond Limited 1.34% 1.34%
Ferrous Metals
Steel Authority of India Limited 1.46% 1.46%
Non - Ferrous Metals
Hindalco Industries Limited 0.47% 0.47%
Hindustan Zinc Limited 0.46% 0.46%
Vedanta Limited 0.43% 0.43%
Chemicals
Navin Fluorine International Limited 0.35% 0.35%
Phillips Carbon Black Limited 0.34% 0.34%
Tata Chemicals Limited 0.65% 0.65%
Gas
GAIL India Limited 0.50% 0.50%
Petronet LNG Limited 0.41% 0.41%
Transportation
Adani Ports and Special Economic Zone Limited 0.25% 0.25%
Shreyas Shipping & Logistics Limited 0.19% 0.19%
Retailing
Future Lifestyle Fashions Limited 0.33% 0.33%
Hotels
Taj GVK Hotels & Resorts Limited 0.30% 0.30%
Consumer Durables
Blue Star Limited 0.28% 0.28%
Telecom - Equipment & Accessories
Bharti Infratel Limited 0.25% 0.25%
Media & Entertainment
Zee Entertainment Enterprises Limited 0.24% 0.24%
Trading
Adani Enterprises Limited 0.22% 0.22%
Healthcare Services
Fortis Healthcare Limited 0.19% 0.18% 0.01%
Total 68.16% 39.11% 29.05%

Name Of Instrument Rating/Industry % to Net
Assets

Preference Shares
Listed/awaiting listing on the stock exchanges
Media & Entertainment
Zee Entertainment Enterprises Limited 0.02%
Total0.02%

BONDS & NCDs Listed / awaiting listing on the stock exchanges
S.D. Corporation Private Limited (Shapoorji Pallonji DSRA Guarantee) ICRA AA(SO) 3.33%
Adani Transmission Limited IND AA + 3.33%
CLP Wind Farms India Private Limited IND AA 3.32%
Vedanta Limited CRISIL AA 3.30%
Tata Housing Development Company Limited ICRA AA 1.51%
TMF Holdings Limited CRISIL AA 0.82%
S.D. Corporation Private Limited (Shapoorji Pallonji DSRA Guarantee) (NCD UNLISTED) ICRA AA(SO) 3.33%
Adani Transmission Limited IND AA + 3.33%
CLP Wind Farms India Private Limited (NCD UNLISTED) IND AA 3.32%
Vizag General Cargo Berth Private Limited CRISIL AA(SO) 3.30%
Vedanta Limited CRISIL AA 1.34%
Tata Housing Development Company Limited (NCD UNLISTED) ICRA AA 1.32%
Total 15.94%

Zero Coupon Bonds - Corporate
Privately placed / Unlisted
Tata Motors Finance Limited (ZCB UNLISTED) CRISIL AA 0.72%
Total 0.72%

OTHERS
(a)Fixed Deposit
HDFC Bank Limited8.58%
Total 8.58%

(b) Margin as Cash Margin0.63%
(c) Collateralised Borrowing and Lending Obligation5.79%
(d) Net Receivables/(Payables) 0.16%

Net Assets 100.00%

Total number of holdings 103

Total outstanding position (as at December, 2017) in Derivative Instruments (Gross Notional) 5,978.83 lakhs
Total percentage of existing assets hedged through futures is 39.11%

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
*There has been a change to the fundamental attributes of L&T MIP - Wealth Builder Fund w.e.f. January 9, 2015 and consequently is now an equity fund. Performance shown above is of L&T MIP - Wealth Builder Fund. $(B) Nifty 50 Arbitrage (75%) + S&P BSE 200 (25%)

Investment objective:To generate regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and debt and money market instruments and to generate long-term capital appreciation through unhedged exposure to equity and equity related 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.
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'