L&T Equity Savings Fund

An open ended scheme investing in equity, arbitrage and debt

To generate regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets, debt and money market instruments and to generate long-term capital appreciation through unhedged exposure to equity and equity related instruments.

October 18, 2011

Mr. Venugopal Manghat, Mr. Praveen Ayathan,

Mr. Vihang Naik and Mr. Jalpan Shah

NIFTY Equity Saving Index

Yes. (For more information on SIP, please refer to the section on "Facilities Offered to Investors under the Scheme" in the SID)

1.50% (As on 30th June 2020)

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0.56% (As on 30th June 2020)

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The above ratio includes 5 bps of additional expenses.

Apart from the above-mentioned expenses, additional expenses of up to 0.30% of daily net assets of the scheme, in compliance with the conditions prescribed and GST on investment management fees are also being charged.

NIL

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  (% of Applicable NAV)

If units are redeemed or switched out on or after 1 year from the date of allotment: Nil

A switch-out or a withdrawal under SWP may also attract an Exit Load like any Redemption.

No Exit Load will be chargeable in case of switches made between different options of the Scheme.

No Exit Load will be chargeable in respect of redemption/switch out of
(i) Units allotted on account of dividend re-investments; and
(ii) Units issued by way of bonus, if any.

Rs. 5,000 per application and in multiples of Re. 1 thereafter.

Rs. 1,000 per application and in multiples of Re. 1 thereafter

Rs. 500 or 50 Units