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

Data as on May 31, 2019


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

Data as on May 31, 2019


Fund Details

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

Rs
Dividend Option - Regular Plan
19.609
Annual Dividend - Regular Plan
12.381
Growth Option - Regular Plan
26.777
Dividend Option - Direct Plan
21.749
Annual Dividend - Direct Plan
12.978
Growth Option - Direct Plan
28.555
Volatility Measures*:
Standard Deviation 9.68%
R-Squared 0.91
Beta1.03
Sharpe Ratio# 0.46
*Source: ICRA MFIE
#Risk free rate assumed to be 6.04%
(based on 3-months Mibor NSE rate during last 3 months)
Date of Inception :
Regular PlanFebruary 7, 2011
Direct PlanJanuary 01, 2013
Total Expense Ratio+ : 1.81% (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
Portfolio Turnover :0.8958
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) 9,263.20
Month end AUM(Rs In Crs) 9,381.57

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

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Banks
ICICI Bank Limited
6.21%
HDFC Bank Limited
6.20%
Axis Bank Limited
3.75%
RBL Bank Limited
2.45%
Kotak Mahindra Bank Limited
2.39%
State Bank of India
2.24%
Indian Bank
1.22%
Software
Tata Consultancy Services Limited
4.34%
HCL Technologies Limited
3.00%
MphasiS Limited
2.16%
Infosys Limited
1.17%
Construction Project
Larsen & Toubro Limited
4.72%
Engineers India Limited
0.82%
Techno Electric & Engineering Company Limited
0.25%
Indian Hume Pipe Company Limited
0.10%
Consumer Non Durables
ITC Limited
1.74%
Colgate Palmolive (India) Limited
1.53%
Hindustan Unilever Limited
1.05%
Emami Limited
0.96%
Finance
Housing Development Finance Corporation Limited
1.70%
ICICI Prudential Life Insurance Company Limited
0.86%
ICICI Securities Limited
0.68%
SBI Life Insurance Company Limited
0.68%
General Insurance Corporation of India
0.31%
Pharmaceuticals
Sun Pharmaceutical Industries Limited
1.93%
Lupin Limited
1.06%
Dr. Reddy's Laboratories Limited
0.92%
GlaxoSmithKline Pharmaceuticals Limited
0.22%
Petroleum Products
Reliance Industries Limited
3.77%
Cement
The Ramco Cements Limited
2.11%
Century Textiles & Industries Limited
1.23%
Retailing
Future Retail Limited
2.34%
Trent Limited
0.96%
Telecom - Services
Bharti Airtel Limited
2.65%
Industrial Products
Supreme Industries Limited
1.10%
Graphite India Limited
0.56%
Polycab India Limited
0.51%
Industrial Capital Goods
Bharat Electronics Limited
1.01%
Apar Industries Limited
0.40%
Gas
GAIL India Limited
1.01%
Media & Entertainment
Sun TV Network Limited
0.94%
Textile Products
K.P.R. Mill Limited
0.53%
Dollar Industries Limited
0.23%
Construction
Somany Ceramics Limited
0.39%
Pesticides
Sharda Cropchem Limited
0.34%
 Total
74.74%
MONEY MARKET INSTRUMENT
Certificate of Deposit/Commercial Paper
Axis Bank Limited
CRISIL A1+
1.57%
Total
1.57%
DEBT INSTRUMENTS
Fixed Rates Bonds - Corporate
Listed / Awaiting listing on Stock Exchanges
National Bank for Agriculture & Rural Development 
CRISIL AAA
2.12%
Housing Development Finance Corporation Limited 
CRISIL AAA
1.08%
Rec Limited 
CRISIL AAA
0.83%
State Bank Of India 
CRISIL AA+
0.81%
Reliance Industries Limited 
CRISIL AAA
0.79%
IndusInd Bank Limited 
CRISIL AA
0.68%
LIC Housing Finance Limited 
CRISIL AAA
0.55%
National Bank for Agriculture & Rural Development 
CRISIL AAA
0.55%
National Bank for Agriculture & Rural Development 
CRISIL AAA
0.50%
LIC Housing Finance Limited 
CRISIL AAA
0.46%
National Highways Authority of India 
CRISIL AAA
0.46%
Power Grid Corporation Limited 
CRISIL AAA
0.39%
Sikka Ports & Terminals Limited (erstwhile Reliance Ports & Terminals Ltd) 
CRISIL AAA
0.38%
State Bank Of India 
CRISIL AA+
0.36%
Housing Development Finance Corporation Limited 
CRISIL AAA
0.36%
Small Industries Development Bank of India 
CARE AAA
0.33%
HDFC Bank Limited 
CRISIL AA+
0.29%
HDFC Bank Limited 
CRISIL AAA
0.28%
Name Of Instrument Rating/Industry % to Net
Assets

Indian Railway Finance Corporation Limited 
CRISIL AAA
0.27%
LIC Housing Finance Limited 
CRISIL AAA
0.27%
NHPC Limited 
CARE AAA
0.27%
Housing Development Finance Corporation Limited 
CRISIL AAA
0.27%
Rec Limited 
CRISIL AAA
0.27%
Power Finance Corporation Limited 
CRISIL AAA
0.27%
National Housing Bank
CRISIL AAA
0.27%
Power Finance Corporation Limited 
CRISIL AAA
0.27%
Rec Limited 
CRISIL AAA
0.26%
Indian Railway Finance Corporation Limited 
CRISIL AAA
0.22%
NTPC Limited 
CRISIL AAA
0.22%
NTPC Limited 
CRISIL AAA
0.21%
Power Finance Corporation Limited 
CRISIL AAA
0.20%
Bharat Petroleum Corporation Limited 
CRISIL AAA
0.16%
National Bank for Agriculture & Rural Development 
CRISIL AAA
0.12%
Rec Limited 
CRISIL AAA
0.11%
Power Finance Corporation Limited 
CRISIL AAA
0.10%
National Highways Authority of India 
CRISIL AAA
0.09%
Housing Development Finance Corporation Limited 
CRISIL AAA
0.08%
Export Import Bank Of India 
CRISIL AAA
0.06%
Power Grid Corporation of India Limited 
CRISIL AAA
0.05%
Rec Limited 
CRISIL AAA
0.05%
Power Finance Corporation Limited 
CRISIL AAA
0.05%
Housing Development Finance Corporation Limited 
CRISIL AAA
0.04%
National Bank for Agricultural & Rural Development 
CRISIL AAA
0.03%
Nuclear Power Corporation Of India Limited 
CRISIL AAA
0.03%
Housing and Urban Development Corporation Limited 
CARE AAA
0.03%
NTPC Limited 
CRISIL AAA
0.03%
National Bank for Agriculture & Rural Development 
CRISIL AAA
0.03%
Power Finance Corporation Limited 
CRISIL AAA
0.03%
Small Industries Development Bank of India 
CARE AAA
0.02%
Indian Railway Finance Corporation Limited 
CARE AAA
0.02%
Housing and Urban Development Corporation Limited 
CARE AAA
0.01%
Indian Railway Finance Corporation Limited 
CRISIL AAA
0.01%
Blue Dart Express Limited 
ICRA AA
0.00%
Total
15.64%
Unlisted
Tata Sons Limited 
CRISIL AAA
0.11%
Total
0.11%
Zero Coupon Bonds - Corporate
Privately placed / Unlisted
Sundaram Finance Limited 
ICRA AAA
0.33%
Mahindra & Mahindra Financial Services Limited 
IND AAA
0.16%
Total
0.49%
GOVERNMENT SECURITIES
Fixed Rates Bonds - Government
07.17% GOI 08-JAN-2028
SOVEREIGN
1.33%
07.72% GOI 25-MAY-2025
SOVEREIGN
0.55%
07.26% GOI 14-JAN-2029
SOVEREIGN
0.54%
08.15% GOI 11-JUN-2022
SOVEREIGN
0.28%
08.08% GOI 02-AUG-2022
SOVEREIGN
0.28%
07.57% GOI 17-JUN-2033
SOVEREIGN
0.27%
07.32% GOI 28-JAN-2024
SOVEREIGN
0.27%
06.84% GOI 19-DEC-2022
SOVEREIGN
0.27%
07.35% GOI 22-JUN-2024
SOVEREIGN
0.16%
07.59% GOI 11-JAN-2026
SOVEREIGN
0.05%
08.12% GOI 10-DEC-2020
SOVEREIGN
0.03%
07.68% GOI 15-DEC-2023
SOVEREIGN
-
Total
4.03%
Deposits
(a) Fixed Deposits ( placed as margin)
HDFC Bank Limited
0.11%
Total
0.11%
OTHERS
(c) Tri Party Repo Dealing System (TREPS)
1.18%
(d) Net Receivables/(Payables)
2.13%
Net Assets
100.00%
Total number of holdings 45
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'

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