L&T Liquid Fundᵟ

Data as on June 29, 2018


L&T Liquid Fundᵟ

Data as on June 29, 2018


Fund Details

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

Rs
Daily Dividend 1011.7794
Weekly Dividend 1002.4990
Growth 2417.7709
Daily Dividend - Direct Plan 1012.8887
Weekly Dividend - Direct Plan 1001.3198
Growth - Direct Plan 2425.3049
Face ValueRs 1000
Date of Inception :
Regular PlanOctober 03, 2006
Direct PlanDecember 31, 2012
Expense Ratio+ :0.14% (Regular)
0.09% (Direct)
Options• Growth
• Dividend (Reinvestment and Payout) - Weekly Dividend
• Daily Dividend Reinvestment Plan
Minimum Application size
(Initial)
Weekly Dividend and Growth:
Rs 10,000 per application and in multiples of Rs 1 thereafter
Daily Dividend Reinvestment Plan (“DDRIP”): Rs 1,00,000 per application and in multiples of Rs 1 thereafter
Additional InvestmentRs 1,000 per application and in multiples of Rs 1 thereafter
Minimum Redemption Size Regular Plan : Rs 1000/- per application or 1 unit
Weekly Dividend/ Growth/ DDRIP: Rs 1000 per application or 1 unit
Fund ManagerMr Shriram Ramanathan and Mr. Jalpan Shah
BenchmarkCRISIL Liquid Fund Index
Monthly Average AUM (Rs In Crs)15,904.72
Month end AUM(Rs In Crs)15,504.25

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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
HDB Financial Services Limited CARE AAA 1.49%
Power Finance Corporation Limited CRISIL AAA 1.13%
Power Grid Corporation of India Limited CRISIL AAA 0.65%
Tata Capital Financial Services Limited CRISIL AA+ 0.48%
Total 3.75%
MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
National Bank for Agriculture & Rural Development ICRA A1+ 7.56%
Reliance Industries Limited CRISIL A1+ 4.93%
Aditya Birla Finance Limited ICRA A1+ 5.42%
Reliance Retail Limited CRISIL A1+ 4.75%
Vedanta Limited CRISIL A1+ 4.03%
Mahindra & Mahindra Financial Services Limited CRISIL A1+ 3.80%
SBI Cards & Payment Services Private Limited CRISIL A1+ 3.67%
Housing Development Finance Corporation Limited CRISIL A1+ 3.25%
Vijaya Bank ICRA A1+ 3.17%
IIFL Home Finance Limited CRISIL A1+ 2.85%
Yes Bank Limited ICRA A1+ 2.71%
Dewan Housing Finance Corporation Limited CRISIL A1+ 0.70%
IndusInd Bank Limited CRISIL A1+ 2.60%
Export Import Bank Of India CRISIL A1+ 2.57%
Indiabulls Housing Finance Limited CRISIL A1+ 2.53%
IDFC Bank Limited ICRA A1+ 2.45%
Axis Bank Limited CRISIL A1+ 2.38%
Edelweiss Commodities Services Limited CRISIL A1+ 1.93%
NTPC Limited CRISIL A1+ 1.90%
Bajaj Finance Limited CRISIL A1+ 1.89%
Manappuram Finance Limited CRISIL A1+ 1.75%
Housing Development Finance Corporation Limited ICRA A1+ 1.60%
Ultratech Cement Limited CRISIL A1+ 1.60%
Tata Capital Financial Services Limited CRISIL A1+ 1.60%
Indian Railway Finance Corporation Limited CRISIL A1+ 1.59%
LIC Housing Finance Limited CRISIL A1+ 1.28%
Bharat Aluminium Company Limited CRISIL A1+ 1.27%
Small Industries Development Bank of India CARE A1+ 1.28%
Tata Capital Housing Finance Limited CRISIL A1+ 1.27%
Name Of Instrument
Rating/Industry
% to Net
Assets

ICICI Bank Limited ICRA A1+ 1.25%
Rural Electrification Corporation Limited CARE A1+ 1.08%
ICICI Securities Primary Dealership Limited CRISIL A1+ 0.96%
Kotak Mahindra Bank Limited CRISIL A1+ 0.96%
Walwhan Renewables Energy Private Limited (Corporate guarantee of Tata Power Company Ltd) IND A1+(SO) 0.96%
Reliance JIO Infocomm Limited CRISIL A1+ 0.96%
Tata Motors Finance Limited CARE A1+ 0.80%
Kotak Securities Limited CRISIL A1+ 0.79%
IIFL Facilities Services Limited CRISIL A1+ 0.77%
Sundaram Finance Limited CRISIL A1+ 0.64%
Piramal Housing Finance Limited ICRA A1+ 0.64%
Shriram Transport Finance Company Limited CRISIL A1+ 0.64%
Cholamandalam Investment and Finance Company Limited CARE A1+ 0.64%
Tata Steel Limited ICRA A1+ 0.61%
ICICI Securities Limited CRISIL A1+ 0.48%
Mahindra Rural Housing Finance Limited IND A1+ 0.35%
Godrej Industries Limited ICRA A1+ 0.32%
Power Finance Corporation Limited CRISIL A1+ 0.32%
Essel Propack Limited IND A1+ 0.19%
Small Industries Development Bank of India CRISIL A1+ 0.09%
Tata Motors Limited ICRA A1+ 0.09%
Tata Motors Finance Limited CRISIL A1+ 0.03%
Union Bank of India ICRA A1+ 0.03%
Sun Pharmaceuticals Industries Limited CRISIL A1+ 0.03%
Axis Finance Limited CRISIL A1+ 0.03%
Total 91.99%
Treasury Bill
91 DAY T-BILL 06-SEP-2018 SOVEREIGN 1.22%
Total 1.22%
Fixed Deposit
RBL Bank Limited 1.28%
Total 1.28%
Cash Management Bills
70 DAY CMB 21-AUG-2018 SOVEREIGN 0.27%
45 DAY CMB 10-AUG-2018 SOVEREIGN 0.17%
GOI 15AUG18 SOVEREIGN 0.14%
Total 0.58%
Others
CBLO / Reverse Repo 0.47%
Net Receivable/Payable 0.71%
Grand Total 100.00%
Average Maturity 0.12 years
Modified Duration 0.11 years
YTM 7.30%








Investment objective:To generate reasonable returns while maintaining safety and providing the investor superior liquidity. To achieve this objective, investments will be predominantly made in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt.
Exit Load: Nil
For details of expenses charged to Regular and Institutional Plus Plans (subscriptions under which are not accepted w.e.f. October 01, 2012), please refer to the respective fund page under “Our Funds” on our website www.ltfs.com
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'