L&T Hybrid Equity Fund
(Formerly known as L&T India Prudence Fund)ᵟ

Data as on October 31, 2018


L&T Hybrid Equity Fund
(Formerly known as L&T India Prudence Fund)ᵟ

Data as on October 31, 2018


Fund Details

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

Rs
Dividend Option - Regular Plan
18.326
Annual Dividend - Regular Plan
12.155
Growth Option - Regular Plan
24.828
Dividend Option - Direct Plan
20.280
Annual Dividend - Direct Plan
12.683
Growth Option - Direct Plan
26.321
Volatility Measures*:
Standard Deviation 11.09%
R-Squared 0.93
Beta1.03
Sharpe Ratio# 0.18
*Source: ICRA MFIE
#Risk free rate assumed to be 6.50%
(based on 3-months Mibor NSE rate during last 3 months)
Date of Inception :
Regular PlanFebruary 7, 2011
Direct PlanJanuary 01, 2013
Total Expense Ratio+ : 2.08% (Regular)
1.19% (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 :1.6693
Options• Growth • Dividend Option (Reinvestment and Payout)
• Annual Dividend Option
(Reinvestment and Payout)
Minimum Application size
(Initial)
Rs 5,000 per application
Additional InvestmentRs 1,000 per application
Minimum Redemption SizeRs 500 or 50 units
Fund ManagerMr. S. N. Lahiri (investments in equity and equity related instruments), Mr. Shriram Ramanathan (investments in debt and debt related instruments) (w.e.f. May 30, 2016) and Mr. Karan Desai (w.e.f. Feb 2, 2017) (for investments in foreign securities)
Benchmark70% - S&P BSE 200 TRI Index and 30% - CRISIL Short Term Bond Fund Index
Monthly Average AUM (Rs In Crs)9,894.31
Month end AUM(Rs In Crs)9,974.83

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

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Banks
ICICI Bank Limited 4.96%
HDFC Bank Limited 3.98%
Axis Bank Limited 2.46%
Kotak Mahindra Bank Limited 1.65%
IndusInd Bank Limited 1.13%
RBL Bank Limited 1.04%
Indian Bank 1.01%
Software
Tata Consultancy Services Limited 3.40%
MphasiS Limited 2.20%
HCL Technologies Limited 1.85%
Finance
Housing Development Finance Corporation Limited 3.61%
IIFL Holdings Limited 0.97%
General Insurance Corporation of India 0.93%
ICICI Securities Limited 0.69%
ICICI Prudential Life Insurance Company Limited 0.69%
Pharmaceuticals
Sun Pharmaceutical Industries Limited 1.79%
Lupin Limited 1.16%
Divi's Laboratories Limited 1.09%
Dr. Reddy's Laboratories Limited 0.92%
GlaxoSmithKline Pharmaceuticals Limited 0.49%
Construction Project
Larsen & Toubro Limited 3.78%
Engineers India Limited 0.72%
Ashoka Buildcon Limited 0.42%
Indian Hume Pipe Company Limited 0.14%
Consumer Non Durables
ITC Limited 2.18%
Colgate Palmolive (India) Limited 1.58%
Emami Limited 0.95%
Industrial Products
Graphite India Limited 2.19%
Carborundum Universal Limited 1.01%
Supreme Industries Limited 0.95%
Swaraj Engines Limited 0.28%
Cement
The Ramco Cements Limited 1.89%
Century Textiles & Industries Limited 0.91%
Birla Corporation Limited 0.57%
Auto
Mahindra & Mahindra Limited 1.42%
Bajaj Auto Limited 1.09%
Hero MotoCorp Limited 0.85%
Retailing
Future Retail Limited 2.29%
Trent Limited 0.95%
Industrial Capital Goods
Lakshmi Machine Works Limited 0.97%
Bharat Electronics Limited 0.75%
Isgec Heavy Engineering Limited 0.36%
Apar Industries Limited 0.31%
Petroleum Products
Reliance Industries Limited 2.34%
Chemicals
Tata Chemicals Limited 1.46%
Oriental Carbon & Chemicals Limited 0.28%
Ferrous Metals
Tata Steel Limited 1.53%
Tata Steel Limited - Partly Paid Up 0.01%
Auto Ancillaries
Bosch Limited 1.20%
Gas
GAIL India Limited 1.09%
Telecom - Services
Bharti Airtel Limited 1.03%
Media & Entertainment
Sun TV Network Limited 1.01%
Textile Products
K.P.R. Mill Limited 0.49%
Dollar Industries Limited 0.27%
Non - Ferrous Metals
Vedanta Limited 0.64%
Construction
Somany Ceramics Limited 0.29%
Pesticides
Sharda Cropchem Limited 0.29%
Power
Techno Electric & Engineering Company Limited @ 0.27%
Total 74.78%
MONEY MARKET INSTRUMENT
Certificate of Deposit/Commercial Paper
IndusInd Bank Limited CRISIL A1+ 0.73%
Housing Development Finance Corporation Limited CRISIL A1+ 0.10%
Axis Bank Limited ICRA A1+ 0.10%
Total 0.93%
DEBT INSTRUMENTS
Fixed Rates Bonds - Corporate
Listed / Awaiting listing on Stock Exchanges
Reliance JIO Infocomm Limited CRISIL AAA 2.38%
National Bank for Agriculture & Rural Development CRISIL AAA 1.95%
Reliance Industries Limited CRISIL AAA 1.94%
NTPC Limited CRISIL AAA 0.89%
Indian Railway Finance Corporation Limited CRISIL AAA 0.85%
Rural Electrification Corporation Limited CRISIL AAA 0.73%
HDFC Bank Limited CRISIL AA+ 0.63%
Power Finance Corporation Limited CRISIL AAA 0.50%
Name Of Instrument Rating/Industry % to Net
Assets

Indiabulls Housing Finance Limited CARE AAA 0.50%
National Bank for Agriculture & Rural Development CRISIL AAA 0.50%
Indian Railway Finance Corporation Limited CRISIL AAA 0.49%
Tata Motors Limited CARE AA+ 0.49%
National Bank for Agriculture & Rural Development CRISIL AAA 0.46%
Export-Import Bank of India CRISIL AAA 0.25%
Jamnagar Utilities and Power Private Limited ( erstwhile Reliance Utilities and Power Private Limited ) CRISIL AAA 0.25%
NHPC Limited CARE AAA 0.25%
Housing and Urban Development Corporation Limited CARE AAA 0.25%
Power Finance Corporation Limited CRISIL AAA 0.25%
Rural Electrification Corporation Limited CRISIL AAA 0.24%
Bank of Baroda CARE AA 0.21%
Small Industries Development Bank of India CARE AAA 0.20%
Nuclear Power Corporation Of India Limited CRISIL AAA 0.20%
Power Finance Corporation Limited CRISIL AAA 0.19%
Mahindra & Mahindra Financial Services Limited IND AAA 0.15%
Export-Import Bank of India CRISIL AAA 0.10%
NHPC Limited IND AAA 0.10%
Housing Development Finance Corporation Limited CRISIL AAA 0.10%
Rural Electrification Corporation Limited CRISIL AAA 0.10%
Power Grid Corporation of India Limited CRISIL AAA 0.10%
Power Finance Corporation Limited CRISIL AAA 0.10%
Power Finance Corporation Limited CRISIL AAA 0.05%
Rural Electrification Corporation Limited CRISIL AAA 0.05%
Rural Electrification Corporation Limited CRISIL AAA 0.05%
Power Grid Corporation of India Limited CRISIL AAA 0.05%
National Bank for Agriculture & Rural Development CRISIL AAA 0.02%
Power Finance Corporation Limited CRISIL AAA 0.02%
Indian Railway Finance Corporation Limited CRISIL AAA 0.01%
Blue Dart Express Limited ICRA AA 0.00%
Blue Dart Express Limited ICRA AA 0.00%
Total 15.60%
Unlisted
Tata Sons Limited (NCD UNLISTED) CRISIL AAA 0.10%
Total 0.10%
Zero Coupon Bonds - Corporate
Privately placed / Unlisted
Sundaram Finance Limited ICRA AAA 0.28%
Mahindra & Mahindra Financial Services Limited (ZCB LISTED) IND AAA 0.15%
0.43%
GOVERNMENT SECURITIES
Fixed Rates Bonds - Government
07.72% GOI 25-MAY-2025 SOVEREIGN 0.70%
06.79% GOI 15-MAY-2027 SOVEREIGN 0.61%
08.20% GOI 15-FEB-2022 SOVEREIGN 0.51%
07.17% GOI 08-JAN-2028 SOVEREIGN 0.38%
08.12% GOI 10-DEC-2020 SOVEREIGN 0.38%
08.15% GOI 11-JUN-2022 SOVEREIGN 0.25%
08.08% GOI 02-AUG-2022 SOVEREIGN 0.25%
06.84% GOI 19-DEC-2022 SOVEREIGN 0.24%
07.35% GOI 22-JUN-2024 SOVEREIGN 0.15%
07.59% GOI 11-JAN-2026 SOVEREIGN 0.05%
07.68% GOI 15-DEC-2023 SOVEREIGN 0.00%
Total 3.52%
Deposits (placed as margins)
(a) Fixed Deposits
HDFC Bank Limited 0.40%
Total 0.40%
OTHERS
(c) Collateralised Borrowing and Lending Obligation 3.89%
(d) Net Receivables/(Payables) 0.35%
Net Assets 100.00%
Total number of holdings 58
@ Awaited Listing
All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND.

$(B) 70% BSE 200 Index and 20% 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 Formerly known as L&T India Prudence Fund

Investment objective: To seek to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments.
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.
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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