L&T Liquid Fundᵟ

Data as on November 30, 2018


L&T Liquid Fundᵟ

Data as on November 30, 2018


Fund Details

NAV of Plans/Options
(as on November 30, 2018)

Rs
Daily Dividend
1011.7794
Weekly Dividend
1002.4707
Growth
2492.8919
Daily Dividend - Direct Plan
1012.8887
Weekly Dividend - Direct Plan
1001.2904
Growth - Direct Plan
2501.2588
Face ValueRs 1000
Date of Inception :
Regular PlanOctober 03, 2006
Direct PlanDecember 31, 2012
Total Expense Ratio+ : 0.15% (Regular)
0.10% (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) - Weekly Dividend
• Daily Dividend Reinvestment Plan
Minimum Application size
(Initial)
Weekly Dividend and Growth:
Rs 10,000 per application and in multiples of Rs 1 thereafter
Daily Dividend Reinvestment Plan (“DDRIP”): Rs 1,00,000 per application and in multiples of Rs 1 thereafter
Additional InvestmentRs 1,000 per application and in multiples of Rs 1 thereafter
Minimum Redemption Size Regular Plan : Rs 1000/- per application or 1 unit
Weekly Dividend/ Growth/ DDRIP: Rs 1000 per application or 1 unit
Fund ManagerMr Shriram Ramanathan and Mr. Jalpan Shah
BenchmarkCRISIL Liquid Fund Index
Monthly Average AUM (Rs In Crs)14,699.04
Month end AUM(Rs In Crs)15,862.00

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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
National Bank for Agriculture & Rural Development CRISIL AAA 1.10%
Kotak Mahindra Prime Limited CRISIL AAA 0.35%
Housing Development Finance Corporation Limited CRISIL AAA 0.32%
HDB Financial Services Limited CARE AAA 0.16%
Total 1.93%
MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
Reliance Industries Limited CRISIL A1+ 6.21%
Reliance Retail Limited CRISIL A1+ 4.66%
National Bank for Agriculture & Rural Development ICRA A1+ 4.54%
Axis Bank Limited CRISIL A1+ 3.96%
Reliance Jio Infocomm Limited CRISIL A1+ 3.92%
Housing Development Finance Corporation Limited CRISIL A1+ 3.72%
Power Finance Corporation Limited CRISIL A1+ 3.44%
Hindustan Zinc Limited CRISIL A1+ 3.39%
Vedanta Limited CRISIL A1+ 3.39%
Tata Power Company Limited CRISIL A1+ 3.11%
ICICI Bank Limited ICRA A1+ 3.09%
Vijaya Bank CARE A1+ 2.91%
JSW Steel Limited ICRA A1+ 2.80%
IDFC Bank Limited ICRA A1+ 2.54%
Hero Fincorp Limited CRISIL A1+ 2.50%
Chennai Petroleum Corporation Limited ICRA A1+ 2.49%
Power Grid Corporation of India Limited CRISIL A1+ 2.03%
Adani Ports and Special Economic Zone Limited ICRA A1+ 1.88%
Manappuram Finance Limited CRISIL A1+ 1.86%
LIC Housing Finance Limited CRISIL A1+ 1.84%
Ultratech Cement Limited CRISIL A1+ 1.79%
IndusInd Bank Limited CRISIL A1+ 3.22%
Aditya Birla Finance Limited ICRA A1+ 1.56%
SBI Cards & Payment Services Private Limited CRISIL A1+ 1.56%
Aditya Birla Capital Limited CRISIL A1+ 1.56%
Cholamandalam Investment and Finance Company Limited CRISIL A1+ 1.50%
Axis Finance Limited CRISIL A1+ 1.27%
Indiabulls Housing Finance Limited CRISIL A1+ 1.26%
Name Of Instrument
Rating/Industry
% to Net
Assets

Tata Capital Financial Services Limited CRISIL A1+ 1.26%
Tata Capital Financial Services Limited ICRA A1+ 1.25%
ICICI Securities Primary Dealership Limited CRISIL A1+ 1.25%
Tata Motors Finance Limited ICRA A1+ 1.22%
Coastal Gujarat Power Limited (corporate guarantee of Tata Power Company Ltd) CRISIL A1+(SO) 1.07%
HT Media Limited CRISIL A1+ 0.94%
TMF Holdings Limited CARE A1+ 0.93%
IIFL Home Finance Limited CRISIL A1+ 0.93%
India Infoline Finance Limited CRISIL A1+ 0.93%
Bharat Aluminium Company Limited CRISIL A1+ 0.91%
Housing Development Finance Corporation Limited ICRA A1+ 0.81%
Tata Motors Limited ICRA A1+ 0.72%
Mahindra & Mahindra Financial Services Limited CRISIL A1+ 0.62%
NTPC Limited CRISIL A1+ 0.62%
Axis Bank Limited ICRA A1+ 0.60%
Small Industries Development Bank of India CRISIL A1+ 0.47%
Small Industries Development Bank of India CARE A1+ 0.47%
Kotak Mahindra Investment Limited CRISIL A1+ 0.38%
Rural Electrification Corporation Limited CRISIL A1+ 0.35%
Tata Power Solar Systems Limited CRISIL A1+(SO) 0.31%
HDFC Bank Limited IND A1+ 0.16%
Reliance Jio Infocomm Limited CARE A1+ 0.09%
Grasim Industries Limited CRISIL A1+ 0.06%
JSW Steel Limited CARE A1+ 0.03%
Sun Pharma Laboratories Limited CRISIL A1+ 0.03%
Sun Pharmaceutical Industries Limited CRISIL A1+ 0.03%
Total 94.44%
Treasury Bill
91 DAY T-BILL 21-DEC-2018 SOVEREIGN 0.94%
91 DAY T-BILL 14-DEC-2018 SOVEREIGN 0.03%
Total 0.97%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 6.02%
Net Receivable/Payable -3.36%
Grand Total 100.00%
Average Maturity 0.12 years
Modified Duration 0.11 years
YTM 7.32%








Investment objective:To generate reasonable returns while maintaining safety and providing the investor superior liquidity. To achieve this objective, investments will be predominantly made in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt.
Exit Load: Nil
For details of expenses charged to Regular and Institutional Plus Plans (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
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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