L&T Emerging Businesses Fundᵟ

Data as on June 29, 2018


L&T Emerging Businesses Fundᵟ

Data as on June 29, 2018


Fund Details

NAV of Plans/Options
(as on June 29, 2018)

Rs
Dividend Option - Regular Plan21.641
Growth Option - Regular Plan25.647
Dividend Option - Direct Plan22.392
Growth Option - Direct Plan26.435
Volatility Measures*:
Standard Deviation 19.01%
R-Squared0.92
Beta 0.93
Sharpe Ratio#0.85
*Source: ICRA MFIE
#Risk free rate assumed to be 6.08%
(based on 3-months Mibor NSE rate during last 3 months)
Date of Inception :
Regular PlanMay 12, 2014
Direct PlanMay 12, 2014
Expense Ratio+ : 1.96% (Regular)
1.46% (Direct)
Portfolio Turnover :0.3894
OptionsGrowth and Dividend (Payout and Reinvestment)
Minimum Application size
(Initial)
Rs 5,000
Additional InvestmentRs 1,000
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 Small Cap TRI Index
Monthly Average AUM (Rs In Crs)5,019.68
Month end AUM(Rs In Crs)4,934.24

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

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
 
Industrial Products
HEG Limited 3.31%
Grindwell Norton Limited 1.91%
Carborundum Universal Limited 1.72%
AIA Engineering Limited 1.71%
MM Forgings Limited 1.57%
Supreme Industries Limited 1.48%
Finolex Industries Limited 1.43%
Greaves Cotton Limited 0.95%
Swaraj Engines Limited 0.84%
IFGL Refractories Limited 0.56%
WIM Plast Limited 0.55%
Finance
CARE Ratings Limited 2.10%
Bharat Financial Inclusion Limited 2.01%
Rane Holdings Limited 1.31%
Central Depository Services (India) Limited 1.17%
IIFL Holdings Limited 0.98%
TI Financial Holdings Limited 0.70%
Chemicals
Aarti Industries Limited 1.91%
Deepak Nitrite Limited 1.51%
NOCIL Limited 1.49%
Supreme Petrochem Limited 0.95%
Sudarshan Chemical Industries Limited 0.77%
AksharChem India Limited 0.41%
Oriental Carbon & Chemicals Limited 0.29%
Auto Ancillaries
TVS Srichakra Limited 1.39%
Tube Investment of India Limited 1.31%
Jamna Auto Industries Limited 1.25%
Sterling Tools Limited 1.24%
Amara Raja Batteries Limited 1.07%
Rico Auto Industries Limited 0.42%
Retailing
Future Retail Limited 2.20%
Shoppers Stop Limited 1.53%
Future Lifestyle Fashions Limited 1.40%
Trent Limited 1.28%
Industrial Capital Goods
Lakshmi Machine Works Limited 3.04%
Apar Industries Limited 1.10%
Triveni Turbine Limited 1.07%
Skipper Limited 0.62%
Centum Electronics Limited 0.17%
Pharmaceuticals
IPCA Laboratories Limited 2.08%
Abbott India Limited 1.17%
Sanofi India Limited 1.02%
Dishman Carbogen Amcis Limited 0.48%
Banks
DCB Bank Limited 1.35%
Indian Bank 1.30%
City Union Bank Limited 1.01%
Syndicate Bank 0.98%
Name Of Instrument Rating/Industry % to Net
Assets

Cement
The Ramco Cements Limited 2.59%
Prism Cement Limited 1.09%
Deccan Cements Limited 0.21%
Textile Products
K.P.R. Mill Limited 1.17%
Welspun India Limited 0.86%
Dollar Industries Limited 0.56%
Mayur Uniquoters Ltd 0.30%
Gokaldas Exports Limited 0.28%
Transportation
Future Supply Chain Solutions Limited 1.98%
Navkar Corporation Limited 1.03%
Ferrous Metals
Maharashtra Seamless Limited 1.52%
Ratnamani Metals & Tubes Limited 0.92%
Construction Project
Engineers India Limited 1.07%
H.G Infra Engineering Limited 0.74%
Techno Electric & Engineering Company Limited 0.50%
Indian Hume Pipe Company Limited 0.11%
Telecom - Equipment & Accessories
Sterlite Technologies Limited 1.85%
Astra Microwave Products Limited 0.23%
Construction
Sobha Limited 1.26%
Somany Ceramics Limited 0.63%
Arihant Superstructures Limited 0.09%
Hotels, Resorts And Other Recreational Activities
EIH Limited 1.85%
Consumer Durables
Orient Electric Limited 0.83%
Orient Paper & Industries Limited 0.46%
Mirza International Limited 0.40%
Pesticides
Sharda Cropchem Limited 1.35%
Media & Entertainment
Hathway Cable & Datacom Limited 1.02%
Den Networks Limited 0.28%
Auto
V.S.T Tillers Tractors Limited 1.07%
Paper
Emami Paper Limited 1.07%
Fertilisers
Coromandel International Limited 1.06%
Textiles - Cotton
RSWM Limited 0.54%
Nitin Spinners Limited 0.49%
Petroleum Products
Savita Oil Technologies Limited 0.87%
Gas
Aegis Logistics Limited 0.71%
Healthcare Services
Max India Limited 0.62%
Total 91.72%
OTHERS
(a) Collateralised Borrowing and Lending Obligation 6.73%
(b) Net Receivables/(Payables) 1.55%
Net Assets 100.00%
Total number of holdings 83

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 appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies (small cap stocks). The Scheme could also additionally invest in Foreign Securities
Exit Load:For redemption within one year from the date of allotment or purchase applying First-in First-Out basis:- 1% of the 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 note that w.e.f December 11,2017 there will be temporary suspension in L&T Emerging Businesses Fund. For further details refer notice cum addendum dated December 4,2017 available on the website of the Fund.
+ Please refer to note on expense ratios in 'Fund Manager wise Scheme Details'