L&T Emerging Businesses Fund

Data as on September 29, 2017


L&T Emerging Businesses Fund

Data as on September 29, 2017


Fund Details

NAV of Plans/Options
(as on September 29, 2017)

Rs
Dividend Option - Regular Plan22.773
Growth Option - Regular Plan24.714
Dividend Option - Direct Plan23.359
Growth Option - Direct Plan25.312
Volatility Measures*:
Standard Deviation 17.39%
R-Squared0.89
Beta 0.99
Sharpe Ratio#1.08
*Source: ICRA MFIE
#Risk free rate assumed to be 6.05%
(based on 3-months Mibor NSE rate during last 3 months)
Date of Inception :
Regular PlanMay 12, 2014
Direct PlanMay 12, 2014
Expense Ratio+ :2.19% (Regular)
1.67% (Direct)
Portfolio Turnover :0.4368
OptionsGrowth and Dividend (Payout and Reinvestment)
Minimum Application size
(Initial)
Rs 5,000
Additional InvestmentRs 1,000
Minimum Redemption SizeRs 500 or 50 units
Fund ManagerMr. S.N. Lahiri and Mr. Karan Desai (w.e.f. Feb 3, 2017) (for investments in foreign securities)
BenchmarkS&P BSE Small Cap Index
Monthly Average AUM (Rs In Crs)1,745.78
Month end AUM(Rs In Crs)1,873.35

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

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
 
Industrial Products
HEG Limited 1.87%
AIA Engineering Limited 1.68%
Carborundum Universal Limited 1.63%
Swaraj Engines Limited 1.15%
Supreme Industries Limited 0.99%
WIM Plast Limited 0.98%
IFGL Exports Limited @ 0.82%
Grindwell Norton Limited 0.24%
Auto Ancillaries
Amara Raja Batteries Limited 1.84%
Sterling Tools Limited 1.42%
Jamna Auto Industries Limited 1.24%
WABCO India Limited 1.07%
Rico Auto Industries Limited 1.02%
TVS Srichakra Limited 1.01%
Tube Investment of India Limited @ 0.80%
Chemicals
Aarti Industries Limited 1.93%
NOCIL Limited 1.49%
Supreme Petrochem Limited 1.37%
AksharChem India Limited 1.11%
Oriental Carbon & Chemicals Limited 0.95%
Deepak Nitrite Limited 0.83%
Sudarshan Chemical Industries Limited 0.63%
Finance
Max Financial Services Limited 3.49%
Rane Holdings Limited 2.01%
IIFL Holdings Limited 1.26%
TI Financial Holdings Limited 1.13%
Construction
Godrej Properties Limited 1.84%
Somany Ceramics Limited 1.72%
Sobha Limited 1.69%
Sunteck Realty Limited 1.50%
Arihant Superstructures Limited 0.61%
Industrial Capital Goods
Lakshmi Machine Works Limited 2.90%
Triveni Turbine Limited 1.06%
Skipper Limited 0.79%
Apar Industries Limited 0.73%
Centum Electronics Limited 0.45%
Retailing
Future Lifestyle Fashions Limited 1.81%
Trent Limited 1.65%
Future Retail Limited 0.96%
Banks
City Union Bank Limited 1.54%
Indian Bank 1.39%
DCB Bank Limited 1.13%
Name Of Instrument Rating/Industry % to Net
Assets

Textile Products
Mayur Uniquoters Ltd 1.90%
Dollar Industries Limited 1.17%
K.P.R. Mill Limited 0.90%
Cement
Dalmia Bharat Limited 1.67%
The Ramco Cements Limited 1.48%
Deccan Cements Limited 0.52%
Telecom - Equipment & Accessories
Sterlite Technologies Limited 1.99%
Astra Microwave Products Limited 0.60%
Consumer Non Durables
Avanti Feeds Limited 1.94%
United Breweries Limited 0.38%
Dhunseri Tea & Industries Limited 0.10%
Construction Project
Engineers India Limited 0.96%
Techno Electric & Engineering Company Limited 0.73%
Indian Hume Pipe Company Limited 0.57%
Consumer Durables
Mirza International Limited 1.28%
Orient Paper & Industries Limited 0.78%
Fertilisers
Coromandel International Limited 1.83%
Ferrous Metals
Maharashtra Seamless Limited 1.65%
Healthcare Services
Max India Limited 1.55%
Pharmaceuticals
Dishman Carbogen Amcis Limited 1.32%
Transportation
Navkar Corporation Limited 1.24%
Gas
Aegis Logistics Limited 1.24%
Petroleum Products
Savita Oil Technologies Limited 1.17%
Non - Ferrous Metals
National Aluminium Company Limited 1.02%
Textiles - Cotton
RSWM Limited 0.98%
Hotels, Resorts And Other Recreational Activities
EIH Limited 0.79%
Media & Entertainment
Entertainment Network India Limited 0.61%
Total86.10%

Cash & Cash Equivalents
Net Receivable/Payable 13.90%
Total13.90%

Grand Total 100.00%

Total number of holdings69

@ Awaited Listing

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 generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies (small cap stocks). The Scheme could also additionally invest in Foreign Securities
Exit Load:For redemption within one year from the date of allotment or purchase applying First-in First-Out basis:- 1% of the applicable NAV
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'