L&T Equity Fund

Data as on May 31, 2018


L&T Equity Fund

Data as on May 31, 2018


Fund Details

NAV of Plans/Options
(as on May 31, 2018)

Rs
Dividend Option - Regular Plan33.535
Growth Option - Regular Plan 84.088
Dividend Option - Direct Plan 37.528
Growth Option - Direct Plan 87.237
Volatility Measures*:
Standard Deviation 14.05%
R-Squared 0.97
Beta 0.98
Sharpe Ratio# 0.29
*Source: ICRA MFIE
#Risk free rate assumed to be 6.07%
(based on 3-months Mibor NSE rate during last 3 months)
Date of Inception :
Regular PlanMay 16, 2005
Direct PlanJanuary 01, 2013
Expense Ratio+ : 2.06% (Regular)
1.46% (Direct)
Portfolio Turnover :0.4962
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. Karan Desai (w.e.f. Feb 2, 2017) (for investments in foreign securities)
BenchmarkS&P BSE-500 TRI Index
Monthly Average AUM (Rs In Crs)2,750.25
Month end AUM(Rs In Crs) 2,766.65


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

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
 
Banks
HDFC Bank Limited 5.62%
IndusInd Bank Limited 5.00%
Kotak Mahindra Bank Limited 4.38%
Axis Bank Limited 2.88%
Indian Bank 2.10%
Finance
Housing Development Finance Corporation Limited 4.88%
Cholamandalam Investment and Finance Company Limited 1.69%
TI Financial Holdings Limited 1.32%
ICICI Lombard General Insurance Company Limited 1.15%
HDFC Standard Life Insurance Company Limited 1.02%
ICICI Prudential Life Insurance Company Limited 0.92%
General Insurance Corporation of India 0.92%
Cement
The Ramco Cements Limited 2.84%
Shree Cements Limited 1.55%
UltraTech Cement Limited 1.06%
Century Textiles & Industries Limited 1.03%
Grasim Industries Limited 0.98%
Ambuja Cements Limited 0.91%
The India Cements Limited 0.85%
Software
Tata Consultancy Services Limited 3.90%
HCL Technologies Limited 2.15%
Oracle Financial Services Software Limited 1.54%
MphasiS Limited 1.14%
Consumer Non Durables
Hindustan Unilever Limited 3.12%
ITC Limited 3.03%
Asian Paints Limited 1.58%
Colgate Palmolive (India) Limited 0.70%
Akzo Nobel India Limited 0.02%
Construction Project
Larsen & Toubro Limited 5.52%
Ashoka Buildcon Limited 1.22%
Techno Electric & Engineering Company Limited 0.48%
Industrial Products
Graphite India Limited 1.81%
Finolex Cables Limited 1.52%
Supreme Industries Limited 1.15%
AIA Engineering Limited 1.00%
Swaraj Engines Limited 0.03%
WIM Plast Limited 0.01%
Auto
Mahindra & Mahindra Limited 1.61%
Hero MotoCorp Limited 1.53%
Bajaj Auto Limited 0.99%
Media & Entertainment
Zee Entertainment Enterprises Limited 2.32%
Name Of Instrument Rating/Industry % to Net
Assets

Sun TV Network Limited 1.08%
Pharmaceuticals
Divi's Laboratories Limited 0.99%
Lupin Limited 0.89%
Sun Pharmaceutical Industries Limited 0.66%
Transportation
Container Corporation of India Limited 1.25%
Future Supply Chain Solutions Limited 1.09%
Retailing
Future Retail Limited 1.18%
Future Lifestyle Fashions Limited 0.99%
Gas
GAIL India Limited 1.41%
Aegis Logistics Limited 0.60%
Industrial Capital Goods
Bharat Electronics Limited 0.91%
Skipper Limited 0.57%
Apar Industries Limited 0.46%
Fertilisers
Coromandel International Limited 1.67%
Ferrous Metals
Tata Steel Limited 0.94%
Maharashtra Seamless Limited 0.71%
Tata Steel Limited - Partly Paid Up 0.01%
Telecom - Services
Bharti Airtel Limited 1.48%
Chemicals
Pidilite Industries Limited 0.91%
Non - Ferrous Metals
Hindustan Zinc Limited 0.71%
Auto Ancillaries
Tube Investment of India Limited 0.59%
Healthcare Services
Max India Limited 0.57%
Telecom - Equipment & Accessories
Astra Microwave Products Limited 0.52%
Paper
West Coast Paper Mills Limited 0.25%
Petroleum Products
Savita Oil Technologies Limited 0.03%
Pesticides
Sharda Cropchem Limited 0.02%
Total 97.96%
PREFERENCE SHARES
Listed / Awaiting listing on Stock Exchanges
Media & Entertainment
Zee Entertainment Enterprises Limited 0.06%
Total 0.06%
OTHERS
(a) Collateralised Borrowing and Lending Obligation 1.75%
(b) Net Receivables/(Payables) 0.23%
Net Assets 100.00%
Total number of holdings 68

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.
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
L&T Tax Saver Fund is merged with L&T Equity Fund. 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'