L&T India Special Situations Fund

Data as on May 31, 2017

L&T India Special Situations Fund

Data as on May 31, 2017

Fund Details

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

Dividend Option - Regular Plan 29.421
Growth Option - Regular Plan 44.971
Dividend Option - Direct Plan 30.545
Growth Option - Direct Plan 46.369
Volatility Measures*:
Standard Deviation 14.07%
R-Squared 0.90
Beta 1.01
Sharpe Ratio# 0.83
*Source: ICRA MFIE
#Risk free rate assumed to be 6.25%
(based on 3-months Mibor NSE rate during last 3 months)
Date of Inception :
Regular PlanMay 22, 2006
Direct PlanJanuary 01, 2013
Portfolio Turnover :0.6450
Expense Ratio+2.26% (Regular)
1.66% (Direct)
OptionsGrowth and Dividend. The Dividend Option offers Payout and Reinvestment facilities.
Minimum Application size
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 3, 2017) (for investments in foreign securities)
BenchmarkS&P BSE 200 Index
Monthly Average AUM (Rs In Crs)957.54
Month end AUM(Rs In Crs)961.63

Portfolio Allocation
Name Of Instrument Rating/Industry % to Net

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
ICICI Bank Limited 4.88%
The Federal Bank Limited 4.26%
State Bank of India 4.01%
Kotak Mahindra Bank Limited 2.35%
Axis Bank Limited 1.55%
Syndicate Bank 1.16%
Union Bank of India 1.06%
Infosys Limited 2.74%
HCL Technologies Limited 2.62%
Tata Consultancy Services Limited 2.29%
MphasiS Limited 1.35%
MindTree Limited 0.96%
Consumer Non Durables
ITC Limited 5.38%
Emami Limited 1.76%
Triveni Engineering & Industries Limited 0.85%
Sunteck Realty Limited 2.22%
Brigade Enterprises Limited2.00%
KNR Constructions Limited 1.60%
Arihant Superstructures Limited 1.39%
Construction Project
Larsen & Toubro Limited 4.59%
KEC International Limited2.18%
Industrial Products
Swaraj Engines Limited 2.46%
WIM Plast Limited 1.87%
Bharat Forge Limited 1.82%
Dishman Carbogen Amcis Limited@ 2.60%
Lupin Limited 1.06%
Sun Pharmaceutical Industries Limited 0.99%
Unichem Laboratories Limited 0.85%
Divi's Laboratories Limited 0.60%
ICICI Prudential Life Insurance Company Limited 2.15%
Muthoot Finance Limited 1.72%
IIFL Holdings Limited 1.35%
Future Retail Limited 2.54%
Future Lifestyle Fashions Limited 2.22%
Name Of Instrument Rating/Industry % to Net

Petronet LNG Limited 2.05%
GAIL India Limited 1.39%
Ferrous Metals
Jindal Steel & Power Limited 1.74%
Tata Steel Limited 1.03%
Non - Ferrous Metals
National Aluminium Company Limited 1.09%
Hindustan Zinc Limited 0.50%
Vedanta Limited 0.50%
Aditya Birla Nuvo Limited 2.03%
Industrial Capital Goods
Skipper Limited 1.07%
Texmaco Rail & Engineering Limited 0.83%
Textiles - Cotton
RSWM Limited 1.83%
The India Cements Limited 1.53%
Ashok Leyland Limited 1.29%
NOCIL Limited 1.09%
NTPC Limited 0.88%
Ballarpur Industries Limited 0.68%
Total 92.96%

Vedanta Limited@ 0.21%
Total 0.21%

Listed/awaiting listing on the stock exchanges
Blue Dart Express Limited ICRA AA 0.02%
Blue Dart Express LimitedICRA AA 0.01%
Blue Dart Express Limited ICRA AA 0.01%
Total 0.04%

Cash & Cash Equivalents
Net Receivable/Payable 6.79%
Total 6.79%

Grand Total 100.00%

Total number of holdings 51

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

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

Investment objective: To generate long-term capital growth from a diversified portfolio of predominantly equity and equity related securities including equity derivatives.
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
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'