L&T Equity Savings Fundᵟ

Data as on May 31, 2018


L&T Equity Savings Fundᵟ

Data as on May 31, 2018


Fund Details

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

Rs
Monthly Dividend - Regular Plan 12.071
Quarterly Dividend - Regular Plan 12.101
Growth Plan - Regular Plan 17.318
Monthly Dividend - Direct Plan 12.445
Quarterly Dividend - Direct Plan 12.825
Growth Plan - Direct Plan 18.034
Date of Inception :
Regular PlanOctober 18, 2011
Direct PlanJanuary 01, 2013
Expense Ratio+ : 1.50% (Regular)
1.00% (Direct)
Portfolio Turnover :8.0797
Options• Growth
• Dividend:
1. Monthly Dividend (Reinvestment and Payout)
2. Quarterly Dividend (Reinvestment and Payout)
Minimum Application size
(Initial)
Rs 5,000 per application and in multiples of Rs 1 thereafter
Additional InvestmentRs 1,000 per application and in multiples of Rs 1 thereafter
Minimum Redemption SizeRs 500 or 50 units
Fund ManagerMr. Venugopal Manghat and Mr. Praveen Ayathan (Equity portion) and Mr. Jalpan Shah (Debt portion) (w.e.f. May 30, 2016)
Benchmark Nifty 50 Arbitrage (75%) + S&P BSE 200 TRI (25%)
Monthly Average AUM (Rs In Crs)239.60
Month end AUM(Rs In Crs)244.38

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
     
Cholamandalam Investment and Finance Company Limited
0.61%
0.06%
0.55%
Bajaj Finance Limited
0.53%
0.00%
0.53%
Bajaj Finserv Limited
0.46%
0.00%
0.46%
TI Financial Holdings Limited
0.39%
0.00%
0.39%
Ujjivan Financial Services Limited
0.27%
0.00%
0.27%
Housing Development Finance Corporation Limited
0.27%
0.00%
0.27%
Mahindra & Mahindra Financial Services Limited
2.02%
2.02%
0.00%
Capital First Limited
0.80%
0.80%
0.00%
Bharat Financial Inclusion Limited
0.74%
0.74%
0.00%
IDFC Limited
0.22%
0.22%
0.00%
Multi Commodity Exchange of India Limited
0.18%
0.18%
0.00%
IFCI Limited
0.06%
0.06%
0.00%
Banks
HDFC Bank Limited
0.71%
0.00%
0.71%
Kotak Mahindra Bank Limited
0.56%
0.00%
0.56%
Axis Bank Limited
0.36%
0.00%
0.36%
The Federal Bank  Limited
0.34%
0.00%
0.34%
IndusInd Bank Limited
0.31%
0.00%
0.31%
State Bank of India
0.24%
0.00%
0.24%
ICICI Bank Limited
0.14%
0.00%
0.14%
Punjab National Bank
2.19%
2.19%
0.00%
IDFC Bank Limited
1.32%
1.32%
0.00%
Syndicate Bank
0.07%
0.07%
0.00%
IDBI Bank Limited
0.03%
0.03%
0.00%
Power
Kalpataru Power Transmission Limited
0.25%
0.00%
0.25%
NTPC Limited
2.19%
2.19%
0.00%
Tata Power Company Limited
1.41%
1.41%
0.00%
CESC Limited
1.15%
1.15%
0.00%
Reliance Power Limited
0.37%
0.37%
0.00%
Auto
Hero MotoCorp Limited
0.45%
0.00%
0.45%
Maruti Suzuki India Limited
0.39%
0.00%
0.39%
V.S.T Tillers Tractors Limited
0.37%
0.00%
0.37%
Ashok Leyland Limited
3.82%
3.82%
0.00%
Pharmaceuticals
Divi's Laboratories Limited
0.49%
0.00%
0.49%
Sun Pharmaceutical Industries Limited
1.27%
0.99%
0.28%
Lupin Limited
0.14%
0.00%
0.14%
Natco Pharma Limited
0.10%
0.00%
0.10%
Piramal Enterprises Limited
1.58%
1.58%
0.00%
Ajanta Pharma Limited
0.73%
0.73%
0.00%
Aurobindo Pharma Limited
0.24%
0.24%
0.00%
Construction
Oberoi Realty Limited
0.44%
0.00%
0.44%
Sobha Limited
0.41%
0.00%
0.41%
KNR Constructions Limited
0.34%
0.00%
0.34%
ITD Cementation India Limited
0.31%
0.00%
0.31%
Prestige Estates Projects Limited
0.25%
0.00%
0.25%
NBCC (India) Limited
0.25%
0.00%
0.25%
Sunteck Realty Limited
0.25%
0.00%
0.25%
Ahluwalia Contracts India Limited
0.24%
0.00%
0.24%
Brigade Enterprises Limited
0.16%
0.00%
0.16%
IRB Infrastructure Developers Limited
1.89%
1.89%
0.00%
Textile Products
K.P.R. Mill Limited
0.10%
0.00%
0.10%
Dollar Industries Limited
0.08%
0.00%
0.08%
Raymond Limited
3.63%
3.63%
0.00%
Consumer Non Durables
Hindustan Unilever Limited
0.76%
0.00%
0.76%
Tata Global Beverages Limited
0.48%
0.00%
0.48%
ITC Limited
0.77%
0.32%
0.45%
Avanti Feeds Limited
0.25%
0.00%
0.25%
Godrej Consumer Products Limited
0.97%
0.97%
0.00%
Balrampur Chini Mills Limited
0.51%
0.51%
0.00%
Construction Project
Larsen & Toubro Limited
0.62%
0.00%
0.62%
KEC International Limited
0.57%
0.00%
0.57%
Engineers India Limited
0.42%
0.00%
0.42%
Sadbhav Engineering Limited
0.27%
0.00%
0.27%
H.G Infra Engineering Limited
0.19%
0.00%
0.19%
Indian Hume Pipe Company Limited
0.18%
0.00%
0.18%
GMR Infrastructure Limited
1.20%
1.20%
0.00%
Software
Tata Consultancy Services Limited
0.88%
0.00%
0.88%
HCL Technologies Limited
0.56%
0.00%
0.56%
Infosys Limited
0.53%
0.00%
0.53%
Persistent Systems Limited
0.35%
0.00%
0.35%
Tech Mahindra Limited
0.28%
0.00%
0.28%
MindTree Limited
0.26%
0.00%
0.26%
Name Of Instrument % to Net
Assets
% to Net
Assets
(hedged)
% to Net
Assets
(unhedged)

Non - Ferrous Metals
Vedanta Limited
2.73%
2.36%
0.37%
National Aluminium Company Limited
0.05%
0.05%
0.00%
Trading
Adani Enterprises Limited
2.55%
2.55%
0.00%
Industrial Capital Goods
Bharat Electronics Limited
0.23%
0.00%
0.23%
BEML Limited
0.11%
0.00%
0.11%
Bharat Heavy Electricals Limited
1.44%
1.44%
0.00%
Suzlon Energy Limited
0.51%
0.51%
0.00%
Media & Entertainment
Zee Entertainment Enterprises Limited
0.14%
0.00%
0.14%
TV18 Broadcast Limited
1.98%
1.98%
0.00%
Industrial Products
HEG Limited
0.87%
0.00%
0.87%
Graphite India Limited
0.50%
0.00%
0.50%
Bharat Forge Limited
0.44%
0.00%
0.44%
Finolex Cables Limited
0.30%
0.00%
0.30%
Ferrous Metals
Jindal Steel & Power Limited
0.49%
0.00%
0.49%
Steel Authority of India Limited
1.45%
1.45%
0.00%
Fertilisers
Coromandel International Limited
0.23%
0.00%
0.23%
Gujarat State Fertilizers & Chemicals Limited
1.56%
1.56%
0.00%
Cement
The Ramco Cements Limited
0.52%
0.00%
0.52%
Shree Cements Limited
0.29%
0.00%
0.29%
Grasim Industries Limited
0.26%
0.00%
0.26%
Petroleum Products
Reliance Industries Limited
0.85%
0.00%
0.85%
Hindustan Petroleum Corporation Limited
0.18%
0.00%
0.18%
Auto Ancillaries
MRF Limited
0.46%
0.00%
0.46%
Amara Raja Batteries Limited
0.30%
0.00%
0.30%
Sandhar Technologies Limited
0.16%
0.00%
0.16%
Telecom - Services
Bharti Airtel Limited
0.28%
0.00%
0.28%
Tata Communications Limited
0.36%
0.36%
0.00%
Retailing
Future Lifestyle Fashions Limited
0.56%
0.00%
0.56%
Chemicals
Navin Fluorine International Limited
0.27%
0.00%
0.27%
Phillips Carbon Black Limited
0.25%
0.00%
0.25%
Hotels, Resorts And Other Recreational Activities
Taj GVK Hotels & Resorts Limited
0.47%
0.00%
0.47%
Paper
Tamil Nadu Newsprint & Papers Limited
0.30%
0.00%
0.30%
Consumer Durables
Blue Star Limited
0.15%
0.00%
0.15%
Telecom - Equipment & Accessories
Bharti Infratel Limited
0.12%
0.00%
0.12%
 Total
67.53%
40.95%
26.58%

Name Of Instrument Rating/Industry % to Net
Assets

PREFERENCE SHARES
     
Listed / Awaiting listing on Stock Exchanges
Media & Entertainment
     
Zee Entertainment Enterprises Limited
    0.01%
Total
    0.01%
BONDS & NCDs
Listed / awaiting listing on the stock exchanges
Dewan Housing Finance Corporation Limited
  CARE AAA 2.05%
S.D. Corporation Private Limited (Shapoorji Pallonji DSRA Guarantee) (NCD UNLISTED)
  ICRA AA(SO) 2.04%
Indiabulls Housing Finance Limited
  CARE AAA 2.03%
Muthoot Finance Limited
  CRISIL AA 2.03%
Vizag General Cargo Berth Private Limited (Corporate guarantee of Vedanta Ltd)
  CRISIL AA(SO) 2.01%
Tata Housing Development Company Limited (NCD UNLISTED)
  ICRA AA 0.81%
Total
    10.97%
Zero Coupon Bonds - Corporate
Privately placed / Unlisted
TMF Holdings Limited (ZCB UNLISTED)
  CRISIL AA 0.46%
Total
    0.46%
OTHERS
Deposits (placed as margins)
(a) Fixed Deposits
HDFC Bank Limited
    10.66%
Total
    10.66%
(b) Margin as Cash Margin
    1.39%
(c) Collateralised Borrowing and Lending Obligation
6.01%
(d) Net Receivables/(Payables)
    2.97%
Net Assets
    100.00%
Total number of holdings
    106
Total outstanding position (as at May, 2018) in Derivative Instruments (Gross Notional) 10,063.52 lakhs
Total percentage of existing assets hedged through futures is 40.95%
All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND.

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
*There has been a change to the fundamental attributes of L&T MIP - Wealth Builder Fund w.e.f. January 9, 2015 and consequently is now an equity fund. Performance shown above is of L&T MIP - Wealth Builder Fund. $(B) Nifty 50 Arbitrage (75%) + S&P BSE 200 (25%)

Investment objective:To generate regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and debt and money market instruments and to generate long-term capital appreciation through unhedged exposure to equity and equity related instruments.
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.
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'