L&T Large and Midcap Fund
(Formerly known as L&T India Special Situations Fund)ᵟ

Data as on July 31, 2019


L&T Large and Midcap Fund
(Formerly known as L&T India Special Situations Fund)ᵟ

Data as on July 31, 2019


Fund Details

NAV of Plans/Options
(as on July 31, 2019)

Rs
Dividend Option - Regular Plan
23.395
Growth Option - Regular Plan
44.165
Dividend Option - Direct Plan
26.026
Growth Option - Direct Plan
46.364
Volatility Measures*:
Standard Deviation
14.67%
R-Squared
0.87
Beta
1.05
Sharpe Ratio#
-0.01
*Source: ICRA MFIE
#Risk free rate assumed to be 5.73%
(based on 3-months Mibor NSE rate during last 3 months)
Date of Inception :
Regular PlanMay 22, 2006
Direct PlanJanuary 01, 2013
Portfolio Turnover :0.5303
Total Expense Ratio+ 2.29% (Regular)
1.46% (Direct)
- Including Additional Expenses, B30 charges and GST on Management Fees
- Total Expense Ratio is as on the last business day of the month
OptionsGrowth and Dividend. The Dividend Option offers Payout and Reinvestment facilities.
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 and Mr. Karan Desai (w.e.f. Feb 2, 2017) (for investments in foreign securities)
BenchmarkS&P BSE 200 TRI Index
Monthly Average AUM (Rs In Crs) 1,339.61
Month end AUM(Rs In Crs) 1,290.14

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

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Banks
ICICI Bank Limited 6.69%
HDFC Bank Limited 5.28%
State Bank of India 4.76%
RBL Bank Limited 3.09%
Axis Bank Limited 2.93%
City Union Bank Limited 2.77%
Canara Bank 2.16%
Kotak Mahindra Bank Limited 0.80%
Software
Tata Consultancy Services Limited 5.51%
Mphasis Limited 3.37%
Infosys Limited 3.36%
HCL Technologies Limited 2.76%
Consumer Non Durables
Emami Limited 2.78%
Jubilant Foodworks Limited 2.12%
Akzo Nobel India Limited 1.44%
Colgate Palmolive (India) Limited 1.35%
Hindustan Unilever Limited 1.34%
ITC Limited 0.99%
Finance
Cholamandalam Investment and Finance Company Limited 2.92%
SBI Life Insurance Company Limited 2.42%
ICICI Prudential Life Insurance Company Limited 0.94%
ICICI Securities Limited 0.91%
Pharmaceuticals
Abbott India Limited 2.74%
Torrent Pharmaceuticals Limited 2.21%
Lupin Limited 1.03%
Industrial Products
AIA Engineering Limited 2.30%
Supreme Industries Limited 1.62%
Polycab India Limited 1.24%
Swaraj Engines Limited 0.52%
WIM Plast Limited 0.25%
Name Of Instrument Rating/Industry % to Net
Assets

Construction Project
Larsen & Toubro Limited 4.81%
Petroleum Products
Reliance Industries Limited 3.57%
Hindustan Petroleum Corporation Limited 0.77%
Cement
ACC Limited 2.05%
Century Textiles & Industries Limited 1.89%
Retailing
Future Retail Limited 2.71%
Future Lifestyle Fashions Limited 1.16%
Telecom - Services
Bharti Airtel Limited 2.62%
Auto Ancillaries
Amara Raja Batteries Limited 1.87%
Varroc Engineering Limited 0.60%
Construction
Brigade Enterprises Limited 1.18%
Poddar Housing and Development Limited 0.50%
Arihant Superstructures Limited 0.16%
Chemicals
Atul Limited 1.80%
Textiles - Cotton
RSWM Limited 0.60%
Total 98.89%
DEBT INSTRUMENTS
Fixed Rates Bonds - Corporate
Listed/awaiting listing on the stock exchanges
Blue Dart Express LimitedICRA AA 0.01%
Total 0.01%
OTHERS
(a) Tri Party Repo Dealing System (TREPS)
1.41%
(b) Net Receivables/(Payables) -0.31%
Net Assets 100.00%
Total number of holdings 45
All corporate ratings are assigned by rating agencies like CRISIL;CARE; ICRA; IND.

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 Special Situations Fund


Investment objective: To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities with minimum allocation of at least 35% each to large cap and mid cap companies.
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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