L&T Conservative Hybrid Fund
(Formerly known as L&T Monthly Income Plan)ᵟ

 

Data as on June 28, 2019


L&T Conservative Hybrid Fund (Formerly known as L&T Monthly Income Plan)ᵟ

Data as on June 28, 2019


Fund Details

NAV of Plans/Options
(as on June 28, 2019)

Rs
Monthly Dividend - Regular Plan
10.8512
Quarterly Dividend - Regular Plan
11.1546
Growth Plan - Regular Plan
35.5092
Monthly Dividend - Direct Plan
11.5551
Quarterly Dividend - Direct Plan
11.6330
Growth Plan - Direct Plan
37.1594
Date of Inception :
Regular Plan July 31, 2003
Direct Plan January 01, 2013
Total Expense Ratio+ : 2.21% (Regular)
1.68% (Direct)
- Including Additional Expenses, B30 charges and GST on Management Fees
- Total Expense Ratio is as on the last business day of the month
Options • Growth
• Dividend (Reinvestment and Payout)
1. Monthly Dividend
2. Quarterly Dividend
Minimum Application size
(Initial)
Rs 10,000 per application and in multiples of Rs 1 thereafter
Additional Investment Rs 1,000 per application and in multiples of Rs 1 thereafter.
Minimum Redemption Size Rs500 or 50 units
Fund Manager Mr. Jalpan Shah (Debt portion) (w.e.f. May 30, 2016) and Mr. Venugopal Manghat (Equity portion)
Benchmark CRISIL Hybrid 85+15 - Conservative Index
Monthly Average AUM (Rs In Crs) 41.46
Month end AUM(Rs In Crs) 41.20



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

DEBT INSTRUMENTS
GOVERNMENT BONDS
07.59% GOI 11-JAN-2026
SOVEREIGN
25.02%
07.37% GOI 16-APR-2023
SOVEREIGN
12.42%
Total 37.44%
EQUITY & EQUITY RELATED
Listed / awaiting listing on the stock exchanges
Reliance Industries Limited
Petroleum Products
1.31%
ICICI Bank Limited
Banks
1.27%
HDFC Bank Limited
Banks
1.23%
State Bank of India
Banks
1.00%
Tata Consultancy Services Limited
Software
0.90%
Future Lifestyle Fashions Limited
Retailing
0.83%
Infosys Limited
Software
0.80%
Larsen & Toubro Limited
Construction Project
0.75%
The Ramco Cements Limited
Cement
0.67%
Housing Development Finance Corporation Limited
Finance
0.65%
Axis Bank Limited
Banks
0.63%
UltraTech Cement Limited
Cement
0.49%
Kotak Mahindra Bank Limited
Banks
0.47%
Bajaj Finance Limited
Finance
0.46%
Trent Limited
Retailing
0.44%
Shree Cements Limited
Cement
0.42%
Bajaj Finserv Limited
Finance
0.41%
Sobha Limited
Construction
0.41%
Ashoka Buildcon Limited
Construction Project
0.36%
HCL Technologies Limited
Software
0.36%
Asian Paints Limited
Consumer Non Durables
0.35%
Ahluwalia Contracts India Limited
Construction
0.34%
K.P.R. Mill Limited
Textile Products
0.33%
Hindustan Unilever Limited
Consumer Non Durables
0.33%
Blue Star Limited
Consumer Durables
0.32%
Brigade Enterprises Limited
Construction
0.30%
Engineers India Limited
Construction Project
0.29%
UPL Limited
Pesticides
0.29%
MindTree Limited
Software
0.28%
Bharti Airtel Limited
Telecom - Services
0.28%
Maruti Suzuki India Limited
Auto
0.27%

Name Of Instrument
Rating/Industry
% to Net
Assets

Hindustan Petroleum Corporation Limited
Petroleum Products
0.28%
Bharti Airtel Limited
Telecom - Services
0.28%
ITC Limited
Consumer Non Durables
0.27%
Endurance Technologies Limited
Auto Ancillaries
0.27%
Sun Pharmaceutical Industries Limited
Pharmaceuticals
0.24%
Vedanta Limited
Non - Ferrous Metals
0.24%
The Indian Hotels Company Limited
Hotels
0.23%
Lumax Industries Limited
Auto Ancillaries
0.22%
Dishman Carbogen Amcis Limited
Pharmaceuticals
0.19%
The India Cements Limited
Cement
0.11%
Lupin Limited
Pharmaceuticals
0.07%
Tata Steel Limited - Partly Paid Up
Ferrous Metals
0.00%
Total 19.31%
PREFERENCE SHARES
Listed/awaiting listing on the stock exchanges
Zee Entertainment Enterprises Limited
Media & Entertainment
0.01%
Total 0.01%
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
Power Finance Corporation Limited
CRISIL AAA
7.26%
National Highways Authority of India
CRISIL AAA
6.98%
Housing Development Finance Corporation Limited
CRISIL AAA
6.22%
National Bank for Agriculture & Rural Development
CRISIL AAA
6.19%
ICICI Bank Limited
ICRA AA+
6.05%
Rec Limited
CRISIL AAA
5.93%
Total 38.63%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 2.57%
Net Receivable/Payable 2.04%
Grand Total 100.00%
Average Maturity 5.16 years
Modified Duration 3.87 years
YTM 7.57%

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 investments in a range of Debt, Equity and Money Market Instruments. Income will be distributed only if the same is earned by the scheme and there can be no assurance that the objective of the scheme will be realized.
Exit Load:If the units redeemed or switched out are upto 10% of the units (the limit) purchased or switched 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.
ᵟPursuant 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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