L&T Dynamic Equity Fund

Data as on March 28, 2018


L&T Dynamic Equity Fund

Data as on March 28, 2018


Fund Details

NAV of Plans/Options
(as on March 28, 2018)

Rs
Dividend Option - Regular Plan 17.723
Growth Option - Regular Plan 22.736
Dividend Option - Direct Plan 18.864
Growth Option - Direct Plan 23.976
Date of Inception :
Regular PlanFebruary 7, 2011
Direct PlanJanuary 01, 2013
Expense Ratio+ :2.46% (Regular)
1.66% (Direct)
Portfolio Turnover :7.5629
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. Praveen Ayathan (investments in equity and equity related instruments) and Mr. Jalpan Shah (investments in debt and debt related instruments) (w.e.f. May 30, 2016)
Benchmark50% - S&P BSE-200 TRI and 50% CRISIL Short Term Bond Fund Index
Monthly Average AUM (Rs In Crs)485.71
Month end AUM(Rs In Crs)496.65

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)
 
Finance
Housing Development Finance
Corporation Limited 2.58% 2.58%
Cholamandalam Investment
and Finance Company Limited 1.71% 1.71%
ICICI Lombard General
Insurance Company Limited 1.17% 1.17%
IDFC Limited 6.66% 6.66%
Capital First Limited 0.72% 0.72%
Bharat Financial Inclusion
Limited 0.49% 0.49%
Indiabulls Housing Finance
Limited 0.22% 0.22%
Can Fin Homes Limited 0.13% 0.13%
Equitas Holdings Limited 0.12% 0.12%
Rural Electrification Corporation
Limited 0.02% 0.02%
Reliance Capital Limited 0.01% 0.01%
Banks
HDFC Bank Limited 2.43% 2.43%
Kotak Mahindra Bank Limited 2.42% 2.42%
Indian Bank 1.37% 1.37%
Axis Bank Limited 1.11% 1.11%
IndusInd Bank Limited 1.05% 1.05%
ICICI Bank Limited 1.37% 1.37%
The South Indian Bank Limited 1.11% 1.11%
The Karnataka Bank Limited 0.53% 0.53%
State Bank of India 0.51% 0.51%
IDFC Bank Limited 0.49% 0.49%
Union Bank of India 0.41% 0.41%
Bank of Baroda 0.21% 0.21%
Punjab National Bank 0.13% 0.13%
Syndicate Bank 0.09% 0.09%
Andhra Bank 0.07% 0.07%
The Federal Bank Limited 0.01% 0.01%
Telecom Services
Idea Cellular Limited 2.98% 2.98%
Tata Communications Limited 1.26% 1.26%
Bharti Airtel Limited 0.34% 0.34%
Pharmaceuticals
Aurobindo Pharma Limited 1.43% 1.43%
Cadila Healthcare Limited 0.84% 0.84%
Granules India Limited 0.80% 0.80%
Sun Pharmaceutical Industries
Limited 0.63% 0.63%
Wockhardt Limited 0.14% 0.14%
Lupin Limited 0.12% 0.12%
Software
Tata Consultancy Services
Limited 2.84% 2.84%
MphasiS Limited 1.04% 1.04%
Construction Project
Larsen & Toubro Limited 1.36% 1.36%
H.G Infra Engineering Limited 1.29% 1.29%
Hindustan Construction
Company Limited 0.17% 0.17%
Textile Products
Raymond Limited 2.57% 2.57%
Ferrous Metals
Steel Authority of India Limited 1.27% 1.27%
Jindal Steel & Power Limited 0.87% 0.87%
JSW Steel Limited 0.33% 0.33%
Industrial Products
Graphite India Limited 0.98% 0.98%
Carborundum Universal Limited 0.98% 0.98%
Cummins India Limited 0.27% 0.27%
Power
PTC India Limited 0.86% 0.86%
CESC Limited 0.72% 0.72%
Reliance Power Limited 0.60% 0.60%
Torrent Power Limited 0.04% 0.04%
Gas
GAIL India Limited 0.88% 0.88%
Petronet LNG Limited 1.10% 0.64% 0.46%
Fertilisers
Gujarat State Fertilizers &
Chemicals Limited 1.62% 1.62%
Cement
ACC Limited 0.82% 0.82%
Century Textiles & Industries
Limited 0.68% 0.11% 0.57%
Name Of Instrument % to Net
Assets
% to Net
Assets
(hedged)
% to Net
Assets
(unhedged)

The India Cements Limited 0.05% 0.05%
Consumer Non Durables
Asian Paints Limited 0.99% 0.99%
Tata Global Beverages Limited 0.35% 0.35%
Kaveri Seed Company Limited 0.06% 0.06%
Godfrey Phillips India Limited 0.02% 0.02%
Chemicals
Pidilite Industries Limited 0.98% 0.98%
Trading
Adani Enterprises Limited 0.96% 0.96%
Non Ferrous Metals
Hindustan Zinc Limited 0.91% 0.91%
Consumer Durables
Titan Company Limited 0.76% 0.76%
Industrial Capital Goods
Reliance Naval and Engineering
Limited 0.71% 0.71%
Bharat Electronics Limited 0.04% 0.04%
Paper
Emami Paper Limited 0.62% 0.62%
Media & Entertainment
TV 18 Broadcast Limited 0.55% 0.55%
Construction
DLF Limited 0.22% 0.22%
NBCC (India) Limited 0.14% 0.14%
Kajaria Ceramics Limited 0.11% 0.11%
Minerals/Mining
NMDC Limited 0.30% 0.30%
Auto
Mahindra & Mahindra Limited 0.10% 0.10%
Tata Motors Limited DVR 0.06% 0.06%
Petroleum Products
Chennai Petroleum Corporation
Limited 0.12% 0.12%

Total65.02% 35.70% 29.32%

Name of Instrument Rating/
Industry
% to Net
Assets
MONEY MARKET INSTRUMENT
Certificate of Deposit/Commercial Paper
Axis Bank Limited ICRA A1+ 2.08%
Total 2.08%

DEBT INSTRUMENTS
Fixed Rates Bonds - Corporate
Listed / Awaiting listing on Stock Exchanges
Small Industries Development Bank of India CARE AAA 5.07%
National Bank for Agriculture & Rural Development CRISIL AAA 5.03%
Rural Electrification Corporation Limited CRISIL AAA 4.02%
Indian Railway Finance Corporation Limited CRISIL AAAv 2.01%
Power Grid Corporation of India Limited CRISIL AAA 1.02%
Blue Dart Express Limited ICRA AA ^
Blue Dart Express Limited ICRA AA^
Total 17.15%

OTHERS
(a)Fixed Deposit
HDFC Bank Limited7.81%
Total 7.81%

(b) Margin as Cash Margin1.64%
(c) Collateralised Borrowing and Lending Obligation5.61%
(d) Net Receivables/(Payables) 0.69%

Net Assets 100.00%

Total number of holdings77

All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND.
Total outstanding position (as at March, 2018) in Derivative Instruments (Gross Notional) 17,824.68 lakhs
Total percentage of existing assets hedged through futures is 35.70% ^Indicates less than 0.01%

$(B) 50% - S&P BSE-200 Index and 50% - CRISIL Short Term Bond Fund Index.
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 seek to generate long-term capital appreciation from a diversified portfolio of equity and equity related securities and to generate reasonable returns by investing in a portfolio of debt and money market instruments and arbitrage opportunities in the cash and derivatives segments of the equity markets.
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'