L&T Business Cycles Fund

Data as on April 30, 2017


L&T Business Cycles Fund

Data as on April 30, 2017


Fund Details

NAV of Plans/Options
(as on April 28,2017)

Rs
Dividend Option - Regular Plan 15.236
Growth Option - Regular Plan 15.236
Dividend Option - Direct Plan 15.503
Growth Option - Direct Plan 15.503
Date of Inception :
Regular PlanAugust 20, 2014
Direct PlanAugust 20, 2014
Expense Ratio+ :2.24% (Regular)
1.74% (Direct)
Portfolio Turnover :0.4270
OptionsGrowth, Dividend . The Dividend option offers Payout or Reinvestment facilities.
Minimum Application size
(Initial)
Rs 5,000 per application and in multiples of Rs 1 thereafter
Additional InvestmentRs1,000 per application and in multiples of Rs 1 thereafter
Minimum Redemption SizeRs 500 or 50 units
Fund ManagerMr. Venugopal Manghat 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)1,027.14
Month end AUM(Rs In Crs)1,038.36

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

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
 
Banks
ICICI Bank Limited 3.83%
IndusInd Bank Limited 3.20%
HDFC Bank Limited 3.13%
State Bank of India 2.52%
The Federal Bank Limited 1.69%
Kotak Mahindra Bank Limited 1.48%
Union Bank of India 1.00%
Yes Bank Limited 0.92%
Indian Bank 0.76%
Construction Project
Larsen & Toubro Limited 3.11%
Engineers India Limited 2.90%
Indian Hume Pipe Company Limited 2.42%
Sadbhav Engineering Limited 1.53%
Ashoka Buildcon Limited 1.45%
Cement
The Ramco Cements Limited 2.55%
UltraTech Cement Limited 2.53%
Shree Cements Limited 2.23%
JK Lakshmi Cement Limited 0.94%
Birla Corporation Limited 0.88%
Industrial Products
Finolex Cables Limited 2.59%
Timken India Limited 2.00%
AIA Engineering Limited 1.32%
FAG Bearings India Limited 1.00%
Bharat Forge Limited 0.60%
Nilkamal Limited 0.49%
WPIL Limited 0.21%
Construction
KNR Constructions Limited 2.06%
ITD Cementation India Limited 1.72%
Ahluwalia Contracts India Limited 1.50%
Kajaria Ceramics Limited 1.41%
NBCC (India) Limited 1.21%
Sobha Limited 0.18%
Consumer Durables
Whirlpool of India Limited 1.52%
Johnson Controls - Hitachi Air Conditioning India Limited 1.51%
Blue Star Limited 1.31%
Titan Company Limited 0.55%
Auto
Maruti Suzuki India Limited 2.70%
Eicher Motors Limited 1.90%
Industrial Capital Goods
Bharat Electronics Limited 2.97%
V-Guard Industries Limited 1.06%
ABB India Limited 0.29%
Name Of Instrument Rating/Industry % to Net
Assets

Non - Ferrous Metals
Vedanta Limited 2.24%
Hindalco Industries Limited 2.03%
Finance
ICICI Prudential Life Insurance Company Limited1.11%
Multi Commodity Exchange of India Limited 1.05%
Manappuram Finance Limited 1.01%
Housing Development Finance Corporation Limited 0.69%
Petroleum Products
Indian Oil Corporation Limited 2.24%
Hindustan Petroleum Corporation Limited 1.04%
Auto Ancillaries
WABCO India Limited 0.91%
Amara Raja Batteries Limited 0.73%
MRF Limited 0.55%
Sundram Fasteners Limited 0.48%
Dynamatic Technologies Limited 0.23%
Transportation
VRL Logistics Limited 1.09%
Adani Ports and Special Economic Zone Limited1.08%
Snowman Logistics Limited 0.17%
Power
Kalpataru Power Transmission Limited 2.02%
Jyoti Structures Limited 0.08%
Media & Entertainment
PVR Limited 1.79%
Consumer Non Durables
Balrampur Chini Mills Limited 1.40%
Triveni Engineering & Industries Limited 0.18%
Gas
Aegis Logistics Limited 1.56%
Ferrous Metals
Ratnamani Metals & Tubes Limited 1.03%
Jindal Steel & Power Limited 0.30%
Pesticides
UPL Limited 1.08%
Telecom - Equipment & Accessories
Astra Microwave Products Limited 1.06%
Fertilisers
Coromandel International Limited 1.01%
Chemicals
Premier Explosives Limited 0.76%
Retailing
Trent Limited 0.61%
Avenue Supermarts Limited 0.03%
Total98.73%

Cash & Cash Equivalents
Net Receivable/Payable 1.27%

Total 1.27%

Grand Total 100.00%

Total number of holdings 71

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 diversiļ¬ed portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian market with focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.
Exit Load:For redemption within 18 months 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'