L&T Mutual Fund
L&T Mutual Fund

L&T Dynamic Equity Fund

L&T Dynamic Equity Fund - Fund Facts
Fund objective
To seek to generate long term capital appreciation from a diversified portfolio of equity and equity-related securities and to generate reasonable returns by investing in a portfolio of debt and money market instruments and arbitrage opportunities in the cash and derivatives segments of the equity markets
Inception date
February 7, 2011
Note:
The Fundamental attributes have been changed effective January 30,2016
Fund Managers
Mr. Jalpan Shah
Mr. Praveen Ayathan
Mr. S. N. Lahiri
Benchmark index
50% S&P BSE 200 and 50% CRISIL Short Term Bond Fund Index
Options
Growth and Dividend (Reinvestment and Payout)
Minimum Investment
Lump sum
Fresh purchase: Rs. 5,000; additional purchase: Rs. 1,000; thereafter in multiples of Re.1.
SIP
Minimum instalment amount Rs.500
Minimum number of instalments 6 (Monthly) or 4 (Quarterly)
Minimum aggregate amount Rs.3,000
Entry Load
NIL
Exit Load
For Redemption
Load (% of Applicable NAV)
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

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

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

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

Annual Recurring Expenses (As on 31st March, 2017)
2.50%
Annual Recurring Expenses for Direct Plan (As on 31st March, 2017)
1.70%

Note:
The above ratio includes 20 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 service tax on investment management fees are also being charged.

Dividend History
Click here to view dividend history.
L&T Dynamic Equity Fund - Overview

Click here to download the scheme brochure.

L&T Dynamic Equity Fund - Key Benefits
Thrifty investing style:
Takes advantage of participating in higher equity allocation when market valuations are low and reduces equity allocation when they are high
Lower risk, aims for better returns:
Benefit from the growth potential of equities with significantly lower volatility
No need to time the markets:
The asset allocation model helps investors benefit by dynamically changing net equity allocation based on P/E
Ideal for cautious investors:
Could be suitable for those who are looking to limit downside risk when markets fall
Tax-efficient returns:
Since investments in equities are tax-free if held beyond 1 year
Note: Equity component/allocation refers to unhedged equity exposure
L&T Dynamic Equity Fund - Features
Investment Style Details
Scheme Classification
An open ended equity growth scheme.
Investment Objective
To seek to generate long-term capital appreciation from a diversified portfolio of equity and equity related securities and to generate reasonable returns by investing in a portfolio of debt and money market instruments and arbitrage opportunities in the cash and derivatives segments of the equity markets.
This product is suitable for investors who are seeking*
  • Long term capital appreciation
  • Investment in equity and equity related instruments, derivatives and debt and money market instruments.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Normal Asset Allocation
Instruments Indicative Allocation (% of net assets) Risk Profile
  Maximum Minimum  
Equity and equity related securities
80% 65% High
Net long equity 80% 20%
Equity and equity derivatives (arbitrage opportunities) 60% 0%
Debt, money market and government securities (including CBLO/reverse repos and securitised debt) 35% 20% Low
Terms of issue
Units of Rs. 10 per unit for cash during the new fund offer for each fund and at applicable NAV thereafter.



Minimum purchase amount Rs. 5,000 per application
Minimum additional purchase amount Rs 1000
Minimum redemption amount/units Rs. 1,000 or 100 Units in respect of each Fund
Scheme Information Document, Key Information Memorandum and Application Forms / Transaction Slips available at the ISCs / distributors.
Statutory
L&T Mutual Fund has been established as a trust under the Indian Trust Act, 1882 by L&T Finance Holdings Limited, Sponsor/ Settlor (liability restricted to the seed corpus of Rs. 1 lakh) with L&T Mutual Fund Trustee Limited as the Trustee Company and L&T lnvestment Management Limited as the Investment Manager.
Loads
Entry
Nil
Exit
For Redemption
Load (% of Applicable NAV)
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

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

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

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

General Services

Investors can contact any of the ISCs at its toll-free number "1800 2000 400". NAVs will be calculated and published in two daily newspapers on all Business Days. Purchase/Redemption on all Business Days after the Conversion/Maturity Date.

Risk factors
Risk factors

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Risk factors
L&T Dynamic Equity Fund - How to Invest
L&T Dynamic Equity Fund - Downloads