L&T Conservative Hybrid Fund
(Formerly known as L&T Monthly Income Plan)ᵟ

 

Data as on May 31, 2019


L&T Conservative Hybrid Fund (Formerly known as L&T Monthly Income Plan)ᵟ

Data as on May 31, 2019


Fund Details

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

Rs
Monthly Dividend - Regular Plan
10.8646
Quarterly Dividend - Regular Plan
11.3663
Growth Plan - Regular Plan
35.3897
Monthly Dividend - Direct Plan
11.5606
Quarterly Dividend - Direct Plan
11.8475
Growth Plan - Direct Plan
37.0169
Date of Inception :
Regular Plan July 31, 2003
Direct Plan January 01, 2013
Total Expense Ratio+ : 2.20% (Regular)
1.59% (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 (Reinvestment and Payout)
1. Monthly Dividend
2. Quarterly Dividend
Minimum Application size
(Initial)
Rs 10,000 per application and in multiples of Rs 1 thereafter
Additional Investment Rs 1,000 per application and in multiples of Rs 1 thereafter.
Minimum Redemption Size Rs500 or 50 units
Fund Manager Mr. Jalpan Shah (Debt portion) (w.e.f. May 30, 2016) and Mr. Venugopal Manghat (Equity portion)
Benchmark CRISIL Hybrid 85+15 - Conservative Index
Monthly Average AUM (Rs In Crs) 41.01
Month end AUM(Rs In Crs) 41.56



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

DEBT INSTRUMENTS
GOVERNMENT BONDS
07.59% GOI 11-JAN-2026 SOVEREIGN 24.72%
07.37% GOI 16-APR-2023 SOVEREIGN 12.29%
Total 37.01%
EQUITY & EQUITY RELATED
Listed / awaiting listing on the stock exchanges
Reliance Industries Limited Petroleum Products 1.38%
ICICI Bank Limited Banks 1.22%
HDFC Bank Limited Banks 1.21%
State Bank of India Banks 0.97%
Tata Consultancy Services Limited Software 0.88%
Future Lifestyle Fashions Limited Retailing 0.81%
Infosys Limited Software 0.80%
Larsen & Toubro Limited Construction Project 0.74%
The Ramco Cements Limited Cement 0.69%
Housing Development Finance Corporation Limited Finance 0.64%
Axis Bank Limited Banks 0.62%
UltraTech Cement Limited Cement 0.50%
Kotak Mahindra Bank Limited Banks 0.48%
Bajaj Finance Limited Finance 0.43%
Shree Cements Limited Cement 0.42%
Sobha Limited Construction 0.41%
Bajaj Finserv Limited Finance 0.39%
Trent Limited Retailing 0.39%
Ashoka Buildcon Limited Construction Project 0.37%
HCL Technologies Limited Software 0.36%
Asian Paints Limited Consumer Non Durables 0.36%
Ahluwalia Contracts India Limited Construction 0.34%
K.P.R. Mill Limited Textile Products 0.33%
Blue Star Limited Consumer Durables 0.33%
Hindustan Unilever Limited Consumer Non Durables 0.32%
UPL Limited Pesticides 0.31%
MindTree Limited Software 0.29%
Engineers India Limited Construction Project 0.29%
Brigade Enterprises Limited Construction 0.29%
Maruti Suzuki India Limited Auto 0.28%

Name Of Instrument
Rating/Industry
% to Net
Assets

Hindustan Petroleum Corporation Limited Petroleum Products 0.28%
Bharti Airtel Limited Telecom - Services 0.28%
ITC Limited Consumer Non Durables 0.27%
Endurance Technologies Limited Auto Ancillaries 0.27%
Sun Pharmaceutical Industries Limited Pharmaceuticals 0.24%
Vedanta Limited Non - Ferrous Metals 0.24%
The Indian Hotels Company Limited Hotels 0.23%
Lumax Industries Limited Auto Ancillaries 0.22%
Dishman Carbogen Amcis Limited Pharmaceuticals 0.19%
The India Cements Limited Cement 0.11%
Lupin Limited Pharmaceuticals 0.07%
Tata Steel Limited - Partly Paid Up Ferrous Metals 0.00%
Total 19.25%
PREFERENCE SHARES
Listed/awaiting listing on the stock exchanges
Zee Entertainment Enterprises Limited Media & Entertainment 0.01%
Total 0.01%
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
Power Finance Corporation Limited CRISIL AAA 7.24%
National Highways Authority of India CRISIL AAA 6.84%
National Bank for Agriculture & Rural Development CRISIL AAA 6.18%
Housing Development Finance Corporation Limited CRISIL AAA 6.13%
ICICI Bank Limited ICRA AA+ 5.99%
Rec Limited CRISIL AAA 5.91%
Total 38.29%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 3.54%
Net Receivable/Payable 1.90%
Grand Total 100.00%
Average Maturity 5.25 years
Modified Duration 3.95 years
YTM 7.58%

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.



Investment objective: To generate regular income through investments in a range of Debt, Equity and Money Market Instruments. Income will be distributed only if the same is earned by the scheme and there can be no assurance that the objective of the scheme will be realized.
Exit Load:If the units redeemed or switched out are upto 10% of the units (the limit) purchased or switched 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.
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 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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