L&T Flexi Bond Fundᵟ

Data as on May 31, 2019


L&T Flexi Bond Fund

Data as on May 31, 2019


Fund Details

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

Rs
Dividend Option - Regular Plan
11.0264
Annual Dividend Option - Regular Plan
10.8163
Growth Option - Regular Plan
20.3326
Dividend Option - Direct Plan
12.7662
Annual Dividend Option - Direct Plan
11.0250
Growth Option - Direct Plan
21.1936
Date of Inception :
Regular Plan September 27, 2010
Direct Plan January 01, 2013
Total Expense Ratio+ : 1.59% (Regular)
0.89% (Direct)
- Including Additional Expenses, B30 charges and GST on Management Fees
- Total Expense Ratio is as on the last business day of the month
Options • Growth
• Dividend option (Reinvestment and Payout)
• Annual option (Reinvestment and Payout)
Minimum Application size
(Initial)
Rs 10,000 per application
Additional Investment Rs 1,000 per application and in multiples of Rs 1 thereafter.
Minimum Redemption Size Rs500 or 50 units
Fund Manager Mr. Shriram Ramanathan and Mr. Jalpan Shah (w.e.f. May 30, 2016)
Benchmark CRISIL Composite Bond Fund Index
Monthly Average AUM (Rs In Crs) 54.08
Month end AUM(Rs In Crs) 55.00


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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
LIC Housing Finance Limited CARE AAA 8.30%
National Highways Authority of India CRISIL AAA 7.75%
Export-Import Bank of India CRISIL AAA 7.57%
Nuclear Power Corporation Of India Limited CRISIL AAA 7.55%
State Bank Of India CRISIL AA+ 7.42%
Bajaj Finance Limited CRISIL AAA 7.28%
NHPC Limited IND AAA 3.64%
Total 49.51%
Name Of Instrument
Rating/Industry
% to Net
Assets

GOVERNMENT BONDS
07.26% GOI 14-JAN-2029 SOVEREIGN 18.47%
07.17% GOI 08-JAN-2028 SOVEREIGN 18.17%
07.32% GOI 28-JAN-2024 SOVEREIGN 9.26%
07.68% GOI 15-DEC-2023 SOVEREIGN 0.94%
Total 46.84%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 0.62%
Net Receivable/Payable 3.03%
Grand Total 100.00%
Average Maturity 6.20 years
Modified Duration 4.54 years
YTM 7.63%


Pursuant to declaration/ payment of dividend, the NAV will fall to the extent of the payout and statutory levy (if applicable).
Face value Rs10/-.
Past performance of the aforesaid schemes may or may not be sustained in future.
Please note that the dividend rates mentioned are post applicable dividend distribution tax deduction.

Investment objective: To generate reasonable returns through a diversified portfolio of fixed income securities.
Exit Load: For redemption within 1 year from the date of allotment or Purchase applying First in First out basis – 0.50% of Applicable NAV. For redemption After 1 year from the date of allotment or Purchase applying First in First out basis - Nil
ᵟPursuant 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 expenses charged to Retail Plan (subscriptions under which are not accepted w.e.f. October 01, 2012), please refer to the respective fund page under “Our Funds” on our website www.ltfs.com
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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