L&T Hybrid Equity Fund
(Formerly known as L&T India Prudence Fund)ᵟ

Data as on May 31, 2018


L&T Hybrid Equity Fund
(Formerly known as L&T India Prudence Fund)ᵟ

Data as on May 31, 2018


Fund Details

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

Rs
Dividend Option - Regular Plan 19.963
Annual Dividend - Regular Plan 12.920
Growth Option - Regular Plan26.390
Dividend Option - Direct Plan21.949
Annual Dividend - Direct Plan 13.425
Growth Option - Direct Plan 27.860
Volatility Measures*:
Standard Deviation 10.36%
R-Squared 0.91
Beta1.03
Sharpe Ratio# 0.46
*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 PlanFebruary 7, 2011
Direct PlanJanuary 01, 2013
Expense Ratio+ : 1.98% (Regular)
1.18% (Direct)
Portfolio Turnover :1.9157
Options• Growth • Dividend Option (Reinvestment and Payout)
• Annual Dividend Option
(Reinvestment and Payout)
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 (investments in equity and equity related instruments), Mr. Shriram Ramanathan (investments in debt and debt related instruments) (w.e.f. May 30, 2016) and Mr. Karan Desai (w.e.f. Feb 2, 2017) (for investments in foreign securities)
Benchmark70% - S&P BSE 200 TRI Index and 30% - CRISIL Short Term Bond Fund Index
Monthly Average AUM (Rs In Crs)10,549.42
Month end AUM(Rs In Crs)10,655.70

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

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Banks
HDFC Bank Limited 3.62%
Kotak Mahindra Bank Limited 3.50%
Axis Bank Limited 2.56%
IndusInd Bank Limited 2.36%
ICICI Bank Limited 1.92%
Indian Bank 1.26%
Finance
Housing Development Finance Corporation Limited 3.94%
HDFC Standard Life Insurance Company Limited 1.14%
General Insurance Corporation of India 0.99%
IIFL Holdings Limited 0.90%
ICICI Lombard General Insurance Company Limited 0.85%
ICICI Prudential Life Insurance Company Limited 0.82%
ICICI Securities Limited 0.45%
Software
Tata Consultancy Services Limited 3.90%
HCL Technologies Limited 1.99%
MphasiS Limited 1.93%
Industrial Products
Graphite India Limited 1.86%
Bharat Forge Limited 1.17%
Supreme Industries Limited 0.98%
Carborundum Universal Limited 0.91%
Swaraj Engines Limited 0.37%
Construction Project
Larsen & Toubro Limited 2.92%
Engineers India Limited 0.71%
Ashoka Buildcon Limited 0.56%
Techno Electric & Engineering Company Limited 0.29%
Indian Hume Pipe Company Limited 0.14%
Auto
Mahindra & Mahindra Limited 1.77%
Hero MotoCorp Limited 1.51%
Ashok Leyland Limited 0.60%
Tata Motors Limited 0.25%
Consumer Non Durables
ITC Limited 1.98%
Emami Limited 0.86%
Colgate Palmolive (India) Limited 0.77%
Cement
The Ramco Cements Limited 2.01%
Century Textiles & Industries Limited 0.91%
Birla Corporation Limited 0.55%
Industrial Capital Goods
Lakshmi Machine Works Limited 1.44%
Bharat Electronics Limited 0.69%
Apar Industries Limited 0.37%
Isgec Heavy Engineering Limited 0.34%
Pharmaceuticals
Lupin Limited 0.80%
Divi's Laboratories Limited 0.74%
Dishman Carbogen Amcis Limited 0.49%
Sun Pharmaceutical Industries Limited 0.45%
Retailing
Future Retail Limited 1.23%
Trent Limited 0.91%
Media & Entertainment
Sun TV Network Limited 1.03%
Zee Entertainment Enterprises Limited 0.91%
Auto Ancillaries
Bosch Limited 1.13%
WABCO India Limited 0.37%
Chemicals
Tata Chemicals Limited 0.98%
Oriental Carbon & Chemicals Limited 0.26%
Telecom - Services
Bharti Airtel Limited 1.10%
Ferrous Metals
Tata Steel Limited 0.95%
Tata Steel Limited - Partly Paid Up 0.01%
Gas
GAIL India Limited 0.90%
Non - Ferrous Metals
Hindustan Zinc Limited 0.87%
Textile Products
K.P.R. Mill Limited 0.40%
Dollar Industries Limited 0.32%
Petroleum Products
Hindustan Petroleum Corporation Limited 0.52%
Construction
Somany Ceramics Limited 0.43%
Total 70.89%
MONEY MARKET INSTRUMENT
Certificate of Deposit/Commercial Paper
HDFC Bank Limited IND A1+ 0.44%
Housing Development Finance Corporation Limited CRISIL A1+ 0.09%
Axis Bank Limited ICRA A1+ 0.09%
Total 0.62%
DEBT INSTRUMENTS
Fixed Rates Bonds - Corporate
Listed / Awaiting listing on Stock Exchanges
National Bank for Agriculture & Rural Development CRISIL AAA 2.05%
Reliance JIO Infocomm Limited CRISIL AAA 1.82%
Reliance Industries Limited CRISIL AAA 1.81%
NTPC Limited CRISIL AAA 0.84%
Indian Railway Finance Corporation Limited CRISIL AAA 0.80%
HDFC Bank Limited CRISIL AA+ 0.79%
Housing Development Finance Corporation Limited CRISIL AAA 0.70%
Rural Electrification Corporation Limited CRISIL AAA 0.68%
Power Finance Corporation Limited CRISIL AAA 0.47%
Name Of Instrument Rating/Industry % to Net
Assets

Indiabulls Housing Finance Limited CARE AAA 0.47%
Tata Motors Limited CARE AA+ 0.46%
Indian Railway Finance Corporation Limited CRISIL AAA 0.46%
LIC Housing Finance Limited CRISIL AAA 0.28%
LIC Housing Finance Limited CRISIL AAA 0.28%
Housing Development Finance Corporation Limited CRISIL AAA 0.28%
Export-Import Bank of India CRISIL AAA 0.24%
Housing Development Finance Corporation Limited CRISIL AAA 0.24%
Housing Development Finance Corporation Limited CRISIL AAA 0.24%
NHPC Limited CARE AAA 0.23%
Dewan Housing Finance Corporation Limited CARE AAA 0.23%
Housing Development Finance Corporation Limited CRISIL AAA 0.23%
Housing and Urban Development Corporation Limited CARE AAA 0.23%
Power Finance Corporation Limited CRISIL AAA 0.23%
Rural Electrification Corporation Limited CRISIL AAA 0.23%
Bank of Baroda CARE AA 0.20%
Nuclear Power Corporation Of India Limited CRISIL AAA 0.19%
Small Industries Development Bank of India CARE AAA 0.19%
Power Finance Corporation Limited CRISIL AAA 0.18%
Mahindra & Mahindra Financial Services Limited IND AAA 0.14%
Export-Import Bank of India CRISIL AA+ 0.14%
Export-Import Bank of India CRISIL AAA 0.09%
NHPC Limited IND AAA 0.09%
Rural Electrification Corporation Limited CRISIL AAA 0.09%
Housing Development Finance Corporation Limited CRISIL AAA 0.09%
Power Grid Corporation of India Limited CRISIL AAA 0.09%
Tata Sons Limited (NCD UNLISTED) CRISIL AAA 0.09%
Bharat Petroleum Corporation Limited CRISIL AAA 0.09%
Housing Development Finance Corporation Limited CRISIL AAA 0.06%
Power Grid Corporation of India Limited CRISIL AAA 0.05%
Power Finance Corporation Limited CRISIL AAA 0.05%
Rural Electrification Corporation Limited CRISIL AAA 0.05%
National Bank for Agriculture & Rural Development CRISIL AAA 0.05%
Rural Electrification Corporation Limited CRISIL AAA 0.05%
Indian Railway Finance Corporation Limited CARE AAA 0.05%
Power Grid Corporation of India Limited CRISIL AAA 0.05%
LIC Housing Finance Limited CRISIL AAA 0.01%
Blue Dart Express Limited ICRA AA ^
Blue Dart Express Limited ICRA AA ^
Total 16.38%
Zero Coupon Bonds - Corporate
Privately placed / Unlisted
Mahindra & Mahindra Financial Services Limited IND AAA 0.13%
Total 0.13%
GOVERNMENT SECURITIES
Fixed Rates Bonds - Government
07.17% GOI 08-JAN-2028 SOVEREIGN 0.81%
06.84% GOI 19-DEC-2022 SOVEREIGN 0.68%
06.79% GOI 15-MAY-2027 SOVEREIGN 0.65%
07.72% GOI 25-MAY-2025 SOVEREIGN 0.65%
07.59% GOI 11-JAN-2026 SOVEREIGN 0.46%
06.68% GOI 17-SEP-2031 SOVEREIGN 0.42%
08.12% GOI 10-DEC-2020 SOVEREIGN 0.36%
08.15% GOI 11-JUN-2022 SOVEREIGN 0.24%
08.08% GOI 02-AUG-2022 SOVEREIGN 0.24%
07.35% GOI 22-JUN-2024 SOVEREIGN 0.14%
07.68% GOI 15-DEC-2023 SOVEREIGN ^
Total 4.65%
Deposits (placed as margins)
(a) Fixed Deposits
HDFC Bank Limited 0.48%
Total 0.48%
OTHERS
(b) Collateralised Borrowing and Lending Obligation 5.91%
(c) Net Receivables/(Payables) 0.94%
Net Assets 100.00%
Total number of holdings 61
All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND.
^ indicates less than 0.01%

$(B) 70% BSE 200 Index and 20% 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 Formerly known as L&T India Prudence Fund

Investment objective: To seek to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market 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'