L&T Large and Midcap Fund
(Formerly known as L&T India Special Situations Fund)ᵟ

Data as on July 31, 2018


L&T Large and Midcap Fund
(Formerly known as L&T India Special Situations Fund)ᵟ

Data as on July 31, 2018


Fund Details

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

Rs
Dividend Option - Regular Plan
28.814
Growth Option - Regular Plan
48.920
Dividend Option - Direct Plan
31.217
Growth Option - Direct Plan
50.928
Volatility Measures*:
Standard Deviation 14.87%
R-Squared 0.86
Beta 0.98
Sharpe Ratio# 0.24
*Source: ICRA MFIE
#Risk free rate assumed to be 6.17%
(based on 3-months Mibor NSE rate during last 3 months)
Date of Inception :
Regular PlanMay 22, 2006
Direct PlanJanuary 01, 2013
Portfolio Turnover :0.6577
Total Expense Ratio+ 2.46%(Regular)
1.65% (Direct)
- Including Additional Expenses, B30 charges and GST on Management Fees
- Total Expense Ratio is as on the last business day of the month
OptionsGrowth and Dividend. The Dividend Option offers Payout and Reinvestment facilities.
Minimum Application size
(Initial)
Rs 5,000 per application
Additional InvestmentRs 1,000 per application
Minimum Redemption SizeRs 500 or 50 units
Fund ManagerMr S. N. Lahiri and Mr. Karan Desai (w.e.f. Feb 2, 2017) (for investments in foreign securities)
BenchmarkS&P BSE 200 TRI Index
Monthly Average AUM (Rs In Crs)1,380.35
Month end AUM(Rs In Crs)1,415.05

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

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
 
Banks
Kotak Mahindra Bank Limited 4.42%
State Bank of India 3.06%
RBL Bank Limited 3.01%
Axis Bank Limited 2.80%
City Union Bank Limited 1.99%
Finance
Bharat Financial Inclusion Limited 4.53%
Cholamandalam Investment and Finance Company Limited 3.50%
IIFL Holdings Limited 2.45%
HDFC Asset Management Company Limited @ 1.34%
ICICI Securities Limited 1.01%
ICICI Prudential Life Insurance Company Limited 0.99%
Industrial Products
Finolex Cables Limited 2.72%
Graphite India Limited 2.61%
AIA Engineering Limited 2.07%
Supreme Industries Limited 1.58%
Swaraj Engines Limited 1.15%
Bharat Forge Limited 0.66%
WIM Plast Limited 0.55%
Software
Tata Consultancy Services Limited 3.76%
MphasiS Limited 3.20%
HCL Technologies Limited 2.21%
Oracle Financial Services Software Limited 1.33%
Pharmaceuticals
Torrent Pharmaceuticals Limited 2.03%
Abbott India Limited 1.53%
Divi's Laboratories Limited 1.52%
Lupin Limited 1.05%
Sun Pharmaceutical Industries Limited 0.98%
Dishman Carbogen Amcis Limited 0.27%
Cement
Shree Cements Limited 2.01%
Century Textiles & Industries Limited 1.67%
ACC Limited 1.33%
The India Cements Limited 1.18%
Consumer Non Durables
Emami Limited 2.15%
Akzo Nobel India Limited 1.40%
Colgate Palmolive (India) Limited 0.98%
Construction
KNR Constructions Limited 1.20%
Brigade Enterprises Limited 0.95%
DLF Limited 0.79%
Poddar Housing and Development Limited 0.77%
Arihant Superstructures Limited 0.34%
Construction Project
Larsen & Toubro Limited 3.90%
Retailing
Future Lifestyle Fashions Limited 1.75%
Future Retail Limited 1.35%
Name Of Instrument Rating/Industry % to Net
Assets

Telecom - Services
Bharti Airtel Limited 1.84%
Idea Cellular Limited 0.61%
Auto
Bajaj Auto Limited 2.18%
Auto Ancillaries
Varroc Engineering Limited 1.01%
Amara Raja Batteries Limited 0.78%
Chemicals
NOCIL Limited 1.75%
Telecom - Equipment & Accessories
Sterlite Technologies Limited 1.46%
Gas
Petronet LNG Limited 1.14%
Textiles - Cotton
RSWM Limited 1.11%
Ferrous Metals
Tata Steel Limited 0.99%
Tata Steel Limited - Partly Paid Up 0.01%
Petroleum Products
Hindustan Petroleum Corporation Limited 0.97%
Industrial Capital Goods
Skipper Limited 0.59%
Total 94.53%

PREFERENCE SHARES
Listed / Awaiting listing on Stock Exchanges
Non - Ferrous Metals
Vedanta Limited 0.18%
Total 0.18%

DEBT INSTRUMENTS
Fixed Rates Bonds - Corporate
Listed/awaiting listing on the stock exchanges
Blue Dart Express Limited ICRA AA 0.01%
Blue Dart Express LimitedICRA AA 0.01%
Total 0.02%

OTHERS
(a) Collateralised Borrowing and Lending Obligation
4.54%
(b) Net Receivables/(Payables) -0.73%

Net Assets 100.00%

Total number of holdings 57

@ Awaited Listing
All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND.

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 Formerly known as L&T India Special Situations Fund


Investment objective: To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities with minimum allocation of at least 35% each to large cap and mid cap companies.
Exit Load:For redemption within 1 year from the date of allotment or Purchase applying First in First Out basis - 1.00% of Applicable NAV
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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