L&T Equity Savings Fund

Data as on June 30, 2017


L&T Equity Savings Fund

Data as on June 30, 2017


Fund Details

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

Rs
Monthly Dividend - Regular Plan 12.203
Quarterly Dividend - Regular Plan 11.818
Growth Plan - Regular Plan 16.296
Monthly Dividend - Direct Plan 12.212
Quarterly Dividend - Direct Plan 12.417
Growth Plan - Direct Plan 16.855
Date of Inception :
Regular PlanOctober 18, 2011
Direct PlanJanuary 01, 2013
Expense Ratio+ :2.68% (Regular)
2.08% (Direct)
Portfolio Turnover :6.4699
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)71.18
Month end AUM(Rs In Crs)73.42

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)
 
Banks
The Federal Bank Limited 0.80% 0.80%
IndusInd Bank Limited 0.79% 0.79%
HDFC Bank Limited 0.62% 0.62%
ICICI Bank Limited 0.59% 0.59%
Axis Bank Limited 0.31% 0.31%
State Bank of India 0.26% 0.26%
Kotak Mahindra Bank Limited 0.25% 0.25%
The South Indian Bank Limited 7.79% 7.79% 0.00%
Indian Bank 3.86% 3.86% 0.00%
The Karnataka Bank Limited 0.68% 0.68% 0.00%
Consumer Non Durables
ITC Limited 0.94% 0.94%
United Spirits Limited 0.46% 0.46%
Balrampur Chini Mills Limited 4.75% 4.33% 0.42%
Hindustan Unilever Limited 0.32% 0.32%
Asian Paints Limited 2.12% 1.81% 0.31%
Tata Global Beverages Limited 3.98% 3.98% 0.00%
Chemicals
Navin Fluorine International Limited 0.52% 0.52%
Pidilite Industries Limited 4.62% 4.62% 0.00%
Tata Chemicals Limited 1.99% 1.99% 0.00%
Cement
The Ramco Cements Limited 0.57% 0.57%
UltraTech Cement Limited 0.52% 0.52%
JK Lakshmi Cement Limited 0.42% 0.42%
Grasim Industries Limited 0.25% 0.25%
Century Textiles & Industries Limited 3.89% 3.89% 0.00%
Industrial Products
Finolex Cables Limited 0.31% 0.31%
NRB Bearing Limited 0.23% 0.23%
Bharat Forge Limited 0.20% 0.20%
Jain Irrigation Systems Limited 2.91% 2.91% 0.00%
Construction
ITD Cementation India Limited 0.55% 0.55%
Brigade Enterprises Limited 0.55% 0.55%
Kajaria Ceramics Limited 0.49% 0.49%
NBCC (India) Limited 0.48% 0.48%
KNR Constructions Limited 0.45% 0.45%
Ahluwalia Contracts India Limited 0.36% 0.36%
Sobha Limited 0.25% 0.25%
Housing Development and Infrastructure Limited 0.47% 0.47% 0.00%
Finance
Housing Development Finance Corporation Limited 0.62% 0.62%
ICICI Prudential Life Insurance Company Limited 0.58% 0.58%
Credit Analysis And Research Limited 0.47% 0.47%
Manappuram Finance Limited 0.37% 0.37%
Bajaj Finserv Limited 0.31% 0.31%
Central Depository Services (India) Limited 0.04% 0.04%
IDFC Limited 0.70% 0.70% 0.00%
Power
Power Grid Corporation of India Limited 0.57% 0.57%
Kalpataru Power Transmission Limited 0.43% 0.43%
JSW Energy Limited 1.64% 1.64% 0.00%
Tata Power Company Limited 0.30% 0.30% 0.00%
Software
HCL Technologies Limited 0.33% 0.33%
Infosys Limited 1.82% 1.66% 0.16%
Name Of Instrument % to Net
Assets
% to Net
Assets
(hedged)
% to Net
Assets
(unhedged)

NIIT Technologies Limited 0.59% 0.59% 0.00%
Construction Project
Indian Hume Pipe Company Limited 0.58% 0.58%
Larsen & Toubro Limited 0.57% 0.57%
Engineers India Limited 0.55% 0.55%
Sadbhav Engineering Limited 0.33% 0.33%
KEC International Limited 0.30% 0.30%
Auto
Maruti Suzuki India Limited 0.75% 0.75%
Eicher Motors Limited 0.43% 0.43%
Tata Motors Limited 0.20% 0.20%
Tata Motors Limited - DVR 0.13% 0.13%
Textile Products
Himatsingka Seide Limited 0.48% 0.48%
K.P.R. Mill Limited 0.45% 0.45%
Dollar Industries Limited 0.29% 0.29%
Petroleum Products
Reliance Industries Limited 0.49% 0.49%
Hindustan Petroleum
Corporation Limited 0.31% 0.31%
Mangalore Refinery and Petrochemicals Limited 0.25% 0.25%
Non - Ferrous Metals
Hindalco Industries Limited 0.40% 0.40%
Hindustan Zinc Limited 0.30% 0.30%
Vedanta Limited 0.12% 0.12% 0.00%
Industrial Capital Goods
Bharat Electronics Limited 0.52% 0.52%
BEML Limited 0.20% 0.20%
Auto Ancillaries
PPAP Automotive Limited 0.69% 0.69%
Transportation
Adani Ports and Special Economic Zone Limited 0.28% 0.28%
Shreyas Shipping & Logistics Limited 0.22% 0.22%
Pesticides
UPL Limited 0.49% 0.49%
Media & Entertainment
Zee Entertainment Enterprises Limited 0.41% 0.41%
Services
Aditya Birla Nuvo Limited 0.30% 0.30%
Retailing
Future Lifestyle Fashions Limited 0.28% 0.28%
Consumer Durables
Blue Star Limited 0.28% 0.28%
Pharmaceuticals
Granules India Limited 0.27% 0.27% 0.00%
Hotels, Resorts And Other Recreational Activities
Taj GVK Hotels & Resorts Limited 0.24% 0.24%

Total 68.43% 41.61% 26.82%

Name Of Instrument Rating/Industry % to Net
Assets

Preference Shares
Listed/awaiting listing on the stock exchanges
Media & Entertainment
Zee Entertainment Enterprises Limited 0.04%
Total0.04%

Fixed Deposit
HDFC Bank Limited 8.10%
Total 8.10%

Margin (Future & Options) 0.67%
Net Receivable/Payable 22.76%
Total 23.43%

Grand Total 100.00%

Total number of holdings 81

Total outstanding position (as at June, 2017) in Derivative Instruments (Gross Notional) 3,044.79 lakhs
Total percentage of existing assets hedged through futures is 41.61%

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

There will be a change in the Benchmark Index of L&T Equity Savings Fund w.e.f March 1, 2017.
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'