L&T Floating Rate Fund

Data as on September 29, 2017


L&T Floating Rate Fund

Data as on September 29, 2017


Fund Details

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

Rs
Daily Dividend Plan - Regular Plan 10.8591
Weekly Dividend - Regular Plan 13.0165
Monthly Dividend - Regular Plan 11.3846
Growth Plan - Regular Plan 16.6057
Daily Dividend Plan - Direct Plan 10.8591
Weekly Dividend Plan - Direct Plan 13.0478
Monthly Dividend - Direct Plan 11.6219
Growth Plan - Direct Plan 16.8662
Date of Inception :
RegularAugust 10, 2005
Direct PlanJanuary 01, 2013
Expense Ratio+ :0.69% (Regular)
0.27% (Direct)
Options• Growth
• Dividend
1. Daily Dividend (Payout)
2. Weekly Dividend (Payout)
3. Monthly Dividend (Re-investment and Payout)
Minimum Application size
(Initial)
Rs 10,000 per application and in multiples of Rs 1 thereafter
Additional InvestmentRs 1000 per application and in multiples of Rs 1 thereafter
Minimum Redemption SizeRs 500 or 50 units
Fund ManagerMr. Vikas Garg and Mr. Jalpan Shah (w.e.f. April 03, 2017)
BenchmarkCRISIL Liquid Fund Index
Monthly Average AUM (Rs In Crs)519.42
Month end AUM(Rs In Crs)564.13

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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
 
Future Retail Limited CARE AA- 4.51%
Manappuram Finance Limited CRISIL AA- 4.51%
Adani Transmission Limited IND AA + 4.48%
Reliance Broadcast Network Limited (Letter of Comfort/DSRA Guarantee of Reliance Capital) CARE AA-(SO) 3.71%
Sunny View Estates Private Limited (Shapoorji Pallonji DSRA Guarantee) ICRA AA(SO) 3.58%
Sprit Textiles Limited BWR AA-(so)3.58%
IIFL Facilities Services Limited ICRA AA 3.56%
Hinduja Leyland Finance Limited CARE AA- 3.55%
India Infoline Finance Limited ICRA AA 1.88%
Business Broadcast News Holding Limited (Corporate Guarantee - Reliance Capital Limited) CARE AA+(SO) 1.86%
S.D. Corporation Private Limited (Shapoorji Pallonji DSRA Guarantee) ICRA AA(SO) 1.79%
Total 37.01%

MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
Tata Motors Limited ICRA A1+ 6.11%
Vedanta Limited CRISIL A1+ 4.41%
Name Of Instrument Rating/Industry % to Net
Assets

Reliance JIO Infocomm Limited CARE A1+ 4.39%
Piramal Enterprises Limited ICRA A1+ 4.39%
JM Financial Capital Limited CRISIL A1+ 4.37%
Amba River Coke Limited (long term take or pay agreement with JSW Steel ) CARE A1+ 4.36%
Entertainment Network India Limited CRISIL A1+ 4.34%
ICICI Bank Limited CRISIL A1+ 4.31%
Indiabulls Housing Finance Limited CRISIL A1+ 4.31%
Indus Towers Limited CRISIL A1+ 4.29%
Dewan Housing Finance Corporation Limited CRISIL A1+ 4.21%
Indostar Capital Finance Limited CRISIL A1+ 4.21%
JM Financial Products Limited ICRA A1+ 3.54%
Jhajjar Power Limited IND A1+ 0.89%
Total58.13%

Others
CBLO/Reverse Repo 0.67%
Net Receivables/(Payables)4.19%

Grand Total 100.00%

Average Maturity 0.61 years

Modified Duration 0.55 years

YTM 7.60%

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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
 
Future Retail Limited CARE AA- 4.51%
Manappuram Finance Limited CRISIL AA- 4.51%
Adani Transmission Limited IND AA + 4.48%
Reliance Broadcast Network Limited (Letter of Comfort/DSRA Guarantee of Reliance Capital) CARE AA-(SO) 3.71%
Sunny View Estates Private Limited (Shapoorji Pallonji DSRA Guarantee) ICRA AA(SO) 3.58%
Sprit Textiles Limited BWR AA-(so)3.58%
IIFL Facilities Services Limited ICRA AA 3.56%
Hinduja Leyland Finance Limited CARE AA- 3.55%
India Infoline Finance Limited ICRA AA 1.88%
Business Broadcast News Holding Limited (Corporate Guarantee - Reliance Capital Limited) CARE AA+(SO) 1.86%
S.D. Corporation Private Limited (Shapoorji Pallonji DSRA Guarantee) ICRA AA(SO) 1.79%
Total 37.01%

MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
Tata Motors Limited ICRA A1+ 6.11%
Vedanta Limited CRISIL A1+ 4.41%
Reliance JIO Infocomm Limited CARE A1+ 4.39%
Piramal Enterprises Limited ICRA A1+ 4.39%
JM Financial Capital Limited CRISIL A1+ 4.37%
Amba River Coke Limited (long term take or pay agreement with JSW Steel ) CARE A1+ 4.36%
Entertainment Network India Limited CRISIL A1+ 4.34%
ICICI Bank Limited CRISIL A1+ 4.31%
Indiabulls Housing Finance Limited CRISIL A1+ 4.31%
Indus Towers Limited CRISIL A1+ 4.29%
Dewan Housing Finance Corporation Limited CRISIL A1+ 4.21%
Indostar Capital Finance Limited CRISIL A1+ 4.21%
JM Financial Products Limited ICRA A1+ 3.54%
Jhajjar Power Limited IND A1+ 0.89%
Total58.13%

Others
CBLO/Reverse Repo 0.67%
Net Receivables/(Payables)4.19%

Grand Total 100.00%

Average Maturity 0.61 years

Modified Duration 0.55 years

YTM 7.60%





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 investment in a portfolio comprising substantially of floating rate debt/money market instruments, fixed rate debt/money market instruments swapped for floating rate returns, and fixed rate debt securities, Government securities and money market instruments.
Exit Load: Nil
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'