L&T Flexi Bond Fund

Data as on October 31, 2019


L&T Flexi Bond Fund

Data as on October 31, 2019


Fund Details

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

Rs
Dividend Option - Regular Plan
11.1762
Annual Dividend Option - Regular Plan
11.2923
Growth Option - Regular Plan
21.2274
Dividend Option - Direct Plan
13.0325
Annual Dividend Option - Direct Plan
11.5450
Growth Option - Direct Plan
22.1932
Date of Inception :
Regular Plan September 27, 2010
Direct Plan January 01, 2013
Total Expense Ratio+ : 1.63% (Regular)
0.98% (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 option (Reinvestment and Payout)
• Annual option (Reinvestment and Payout)
Minimum Application size
(Initial)
Rs 10,000 per application
Additional Investment Rs 1,000 per application and in multiples of Rs 1 thereafter.
Minimum Redemption Size Rs500 or 50 units
Fund Manager Mr. Shriram Ramanathan and Mr. Jalpan Shah (w.e.f. May 30, 2016)
Benchmark CRISIL Composite Bond Fund Index
Monthly Average AUM (Rs In Crs) 58.43
Month end AUM(Rs In Crs) 59.49


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

DEBT INSTRUMENTS
GOVERNMENT BONDS
07.27% GOI 08-APR-2026 SOVEREIGN 17.52%
07.32% GOI 28-JAN-2024 SOVEREIGN 17.49%
06.45% GOI 7-OCT-2029 SOVEREIGN 16.81%
07.26% GOI 14-JAN-2029 SOVEREIGN 8.75%
07.68% GOI 15-DEC-2023 SOVEREIGN 0.88%
Total 61.45%
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
National Highways Authority of India CRISIL AAA 7.30%
Export Import Bank Of India CRISIL AAA 7.16%
Nuclear Power Corporation Of India Limited CRISIL AAA 7.14%
Name Of Instrument
Rating/Industry
% to Net
Assets

State Bank Of India CRISIL AA+ 6.98%
National Bank for Agriculture & Rural Development CRISIL AAA 4.48%
Total 33.06%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 3.15%
Net Receivable/Payable 2.34%
Net Assets 100.00%
Average Maturity 6.26 years
Modified Duration 4.69 years
YTM 6.81%


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.
Please note that the dividend rates mentioned are post applicable dividend distribution tax deduction.

Investment objective: To generate reasonable returns through a diversified portfolio of fixed income securities.
Exit Load: For redemption within 1 year from the date of allotment or Purchase applying First in First out basis – 0.50% of Applicable NAV. For redemption After 1 year from the date of allotment or Purchase applying First in First out basis - Nil
For details of expenses charged to Retail Plan (subscriptions under which are not accepted w.e.f. October 01, 2012), please refer to the respective fund page under “Our Funds” on our website www.ltfs.com
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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