L&T Dynamic Equity Fund

Data as on May 31, 2019


L&T Dynamic Equity Fund

Data as on May 31, 2019


Fund Details

NAV of Plans/Options
(as on May 31, 2019)

Rs
Dividend Option - Regular Plan
17.245
Growth Option - Regular Plan
24.546
Dividend Option - Direct Plan
18.722
Growth Option - Direct Plan
26.223
Date of Inception :
Regular Plan February 7, 2011
Direct Plan January 01, 2013
Total Expense Ratio+ : 2.53% (Regular)
1.34% (Direct)
- Including Additional Expenses, B30 charges and GST on Management Fees
- Total Expense Ratio is as on the last business day of the month
Portfolio Turnover : 6.6282
Options Growth and Dividend. The Dividend Option offers Payout and Reinvestment facilities.
Minimum Application size
(Initial)
Rs 5,000 per application
Additional Investment Rs 1,000 per application
Minimum Redemption Size Rs 500 or 50 units
Fund Manager Mr. 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)
Benchmark 50% - S&P BSE-200 TRI Index and 50% CRISIL Short Term Bond Fund Index
Monthly Average AUM (Rs In Crs) 544.46
Month end AUM(Rs In Crs) 546.90

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)
Banks
HDFC Bank Limited
4.00%
-
4.00%
ICICI Bank Limited
3.73%
-
3.73%
State Bank of India
1.99%
-
1.99%
Indian Bank
1.21%
-
1.21%
Axis Bank Limited
0.80%
-
0.80%
Punjab National Bank
2.99%
2.99%
-
Petroleum Products
Reliance Industries Limited
8.48%
6.99%
1.49%
Software
Tata Consultancy Services Limited
4.85%
0.95%
3.90%
Infosys Limited
2.06%
-
2.06%
MphasiS Limited
1.07%
-
1.07%
HCL Technologies Limited
0.41%
0.41%
-
Pharmaceuticals
Sun Pharmaceutical Industries Limited
3.24%
3.24%
-
Dr. Reddy's Laboratories Limited
2.34%
2.34%
-
Aurobindo Pharma Limited
1.57%
1.57%
-
Consumer Non Durables
Emami Limited
0.88%
-
0.88%
Asian Paints Limited
1.96%
1.08%
0.88%
ITC Limited
3.73%
3.73%
-
Dabur India Limited
0.29%
0.29%
-
Godrej Consumer Products Limited
0.15%
0.15%
-
Hindustan Unilever Limited
0.04%
0.04%
-
Finance
Cholamandalam Investment and Finance Company Limited
0.99%
-
0.99%
IDFC Limited
2.19%
2.19%
-
Housing Development Finance Corporation Limited
1.56%
1.56%
-
Rec Limited
0.02%
0.02%
-
Construction Project
Larsen & Toubro Limited
1.71%
-
1.71%
H.G Infra Engineering Limited
1.16%
-
1.16%
NCC Limited
1.64%
1.64%
-
Cement
Grasim Industries Limited
1.61%
-
1.61%
ACC Limited
1.17%
0.01%
1.16%
Ambuja Cements Limited
1.48%
1.48%
-
Auto
Mahindra & Mahindra Limited
1.62%
1.62%
-
Maruti Suzuki India Limited
0.25%
0.25%
-
Industrial Capital Goods
CG Power and Industrial Solutions Limited
1.05%
1.05%
-
Power
Power Grid Corporation of India Limited
0.86%
0.86%
-
Name Of Instrument % to Net
Assets
% to Net
Assets
(hedged)
% to Net
Assets
(unhedged)
Telecom - Services
Bharti Airtel Limited
0.66%
-
0.66%
Ferrous Metals
Steel Authority of India Limited
0.35%
0.35%
-
Tata Steel Limited
0.24%
0.24%
-
Pesticides
UPL Limited
0.50%
0.50%
-
Paper
Emami Paper Limited
0.44%
-
0.44%
Gas
GAIL India Limited
0.33%
0.33%
-
Fertilisers
Gujarat State Fertilizers & Chemicals Limited
0.32%
0.32%
-
Minerals/Mining
NMDC Limited
0.24%
0.24%
-
Media & Entertainment
TV18 Broadcast Limited
0.19%
0.19%
-
Auto Ancillaries
Exide Industries Limited
0.09%
0.09%
-
Total
66.46%
36.72%
29.74%
Name of Instrument
Rating/ Industry % to Net Assets
MONEY MARKET INSTRUMENT
Certificate of Deposit/Commercial Paper
ICICI Bank Limited
CRISIL A1+
4.55%
Total
4.55%
DEBT INSTRUMENTS
Fixed Rates Bonds - Corporate
Listed / Awaiting listing on Stock Exchanges
Rec Limited 
CRISIL AAA
3.65%
National Bank for Agriculture & Rural Development 
CRISIL AAA
1.84%
Power Grid Corporation of India Limited 
CRISIL AAA
0.92%
Blue Dart Express Limited 
ICRA AA
-
Total
6.41%
OTHERS
Deposits (placed as margins)
(a) Fixed Deposits
HDFC Bank Limited
9.85%
Total
9.85%
(b) Margin as Cash Margin
8.08%
(c) Tri Party Repo Dealing System (TREPS)
9.14%
(d) Net Receivables/(Payables)
-4.49%
Net Assets
100.00%
Total number of holdings
44
All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND.
Total outstanding position (as at May, 2019) in Derivative Instruments (Gross Notional) 20,116.32 lakhs
Total percentage of existing assets hedged through futures is 36.72%

$(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'

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