L&T Dynamic Equity Fund

Data as on October 31, 2018


L&T Dynamic Equity Fund

Data as on October 31, 2018


Fund Details

NAV of Plans/Options
(as on October 31, 2018)

Rs
Dividend Option - Regular Plan
17.125
Growth Option - Regular Plan
23.125
Dividend Option - Direct Plan
18.400
Growth Option - Direct Plan
24.535
Date of Inception :
Regular PlanFebruary 7, 2011
Direct PlanJanuary 01, 2013
Total Expense Ratio+ : 2.58% (Regular)
1.69% (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 :6.9961
OptionsGrowth and Dividend. The Dividend Option offers Payout and Reinvestment facilities.
Minimum Application size
(Initial)
Rs 5,000 per application
Additional Investment Rs 1,000 per application
Minimum Redemption Size Rs 500 or 50 units
Fund ManagerMr. S. N. Lahiri and Mr. Praveen Ayathan (investments in equity and equity related instruments) and Mr. Jalpan Shah (investments in debt and debt related instruments) (w.e.f. May 30, 2016)
Benchmark50% - S&P BSE-200 TRI Index and 50% CRISIL Short Term Bond Fund Index
Monthly Average AUM (Rs In Crs)544.03
Month end AUM(Rs In Crs)529.72

Portfolio Allocation
Name Of Instrument % to Net
Assets
% to Net
Assets
(hedged)
% to Net
Assets
(unhedged)

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Banks
ICICI Bank Limited2.87%-2.87%
HDFC Bank Limited3.91%1.31%2.60%
State Bank of India3.12%1.83%1.29%
Indian Bank1.16%-1.16%
Kotak Mahindra Bank Limited0.54%-0.54%
Punjab National Bank3.87%3.87%-
Bank of Baroda2.52%2.52%-
IDBI Bank Limited0.13%0.13%-
Union Bank of India0.10%0.10%-
Yes Bank Limited0.06%0.06%-
Finance
Housing Development Finance Corporation Limited4.26%2.79%1.47%
Cholamandalam Investment and Finance Company Limited1.08%-1.08%
IDFC Limited3.06%3.06%-
Bharat Financial Inclusion Limited1.26%1.26%-
Capital First Limited0.50%0.50%-
Multi Commodity Exchange of India Limited0.48%0.48%-
ICICI Prudential Life Insurance Company Limited0.42%0.42%-
Rural Electrification Corporation Limited0.29%0.29%-
Equitas Holdings Limited0.09%0.09%-
Bajaj Finserv Limited0.05%0.05%-
Shriram Transport Finance Company Limited0.04%0.04%-
Software
Tata Consultancy Services Limited2.90%-2.90%
Infosys Limited2.59%0.71%1.88%
MphasiS Limited1.11%-1.11%
HCL Technologies Limited1.15%1.15%-
Hexaware Technologies Limited0.81%0.81%-
Tech Mahindra Limited0.34%0.34%-
Petroleum Products
Reliance Industries Limited6.94%4.82%2.12%
Cement
ACC Limited1.07%-1.07%
Century Textiles & Industries Limited0.98%-0.98%
Grasim Industries Limited0.92%0.92%-
Ambuja Cements Limited0.14%0.14%-
Pharmaceuticals
Lupin Limited0.97%-0.97%
Sun Pharmaceutical Industries Limited1.10%0.15%0.95%
Glenmark Pharmaceuticals Limited0.36%0.36%-
Strides Pharma Science Limited0.32%0.32%-
Construction Project
Larsen & Toubro Limited1.32%-1.32%
H.G Infra Engineering Limited0.79%-0.79%
NCC Limited0.45%0.45%-
Auto
Mahindra & Mahindra Limited1.40%1.40%-
Escorts Limited0.61%0.61%-
Tata Motors Limited0.25%0.25%-
Tata Motors Limited - DVR0.04%0.04%-
Name Of Instrument % to Net
Assets
% to Net
Assets
(hedged)
% to Net
Assets
(unhedged)

Industrial Products
Graphite India Limited1.21%-1.21%
Carborundum Universal Limited0.93%-0.93%
Bharat Forge Limited0.01%0.01%-
Consumer Non Durables
Emami Limited1.00%-1.00%
Asian Paints Limited0.90%-0.90%
ITC Limited0.07%0.07%-
Jubilant Foodworks Limited0.07%0.07%-
Godfrey Phillips India Limited0.02%0.02%-
Textile Products
Raymond Limited2.03%2.03%-
Ferrous Metals
Tata Steel Limited0.73%0.73%-
Steel Authority of India Limited0.68%0.68%-
Consumer Durables
Titan Company Limited1.34%1.34%-
Construction
IRB Infrastructure Developers Limited0.94%0.94%-
Pesticides
UPL Limited0.62%0.62%-
Paper
Emami Paper Limited0.56%-0.56%
Fertilisers
Gujarat State Fertilizers & Chemicals Limited0.37%0.37%-
Industrial Capital Goods
Bharat Electronics Limited0.30%0.30%-
Telecom - Services
Bharti Airtel Limited0.16%0.16%-
Vodafone Idea Limited0.11%0.11%-
Auto Ancillaries
Balkrishna Industries Limited0.26%0.26%-
Media & Entertainment
TV18 Broadcast Limited0.26%0.26%-
Non - Ferrous Metals
Hindalco Industries Limited0.16%0.16%-
Gas
GAIL India Limited0.15%0.15%-
Power
Reliance Infrastructure Limited0.09%0.09%-
Total69.34%39.64%29.70%
Name of Instrument Rating/
Industry
% to Net
Assets
MONEY MARKET INSTRUMENT
Certificate of Deposit/Commercial Paper
Axis Bank Limited
ICRA A1+
 
0.18%
Total
 
0.18%
DEBT INSTRUMENTS
Fixed Rates Bonds - Corporate
Listed / Awaiting listing on Stock Exchanges
Small Industries Development Bank of India
CARE AAA
CRISIL AAA
CRISIL AAA
ICRA AA
ICRA AA
274 days
4.58%
Rural Electrification Corporation Limited
3.59%
Power Grid Corporation of India Limited
0.91%
Blue Dart Express Limited
-  
Blue Dart Express Limited
-  
Total
9.08%
OTHERS
(a) Fixed Deposits
HDFC Bank Limited
0.92%
Total
8.81%
(b) Margin as Cash Margin
0.66%
(c) Collateralised Borrowing and Lending Obligation
9.93%
(d) Net Receivables/(Payables)
2.00%
Net Assets
100.00%
Total number of holdings
67
All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND.
Total outstanding position (as at Oct, 2018) in Derivative Instruments (Gross Notional) 21,679.07 lakhs
Total percentage of existing assets hedged through futures is 39.64%

$(B) 50% - S&P BSE-200 Index and 50% - 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.


Investment objective: To seek to generate long-term capital appreciation from a diversified portfolio of equity and equity related securities and to generate reasonable returns by investing in a portfolio of debt and money market instruments and arbitrage opportunities in the cash and derivatives segments of the equity markets.
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.
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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