L&T Mutual Fund
L&T Mutual Fund

L&T Equity Savings Fund

L&T Equity Savings Fund - Fund Facts
Fund objective
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.
Inception date
October 18, 2011
Fund Managers
Mr. Venugopal Manghat, Mr. Praveen Ayathan and
Mr. Jalpan Shah
Benchmark index
Nifty 50 Arbitrage Index (75%) + S&P BSE 200 (25%)
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 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.

Annual Recurring Expenses (As on 31st March, 2017)
2.68%
Annual Recurring Expenses for Direct Plan (As on 31st March, 2017)
2.08%
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 Equity Savings Fund - Overview
Click here to download the scheme brochure.
L&T Equity Savings Fund - Key Benefits
Superior risk adjusted returns:
Uses asset allocation approach which could help in delivering better risk adjusted returns over medium to long term
 
L&T Equity Savings Fund - Features
Investment Style Details
Scheme Classification
An open ended equity growth scheme.
Investment Objective
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.
This product is suitable for investors who are seeking*
• Generation of regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segment and long term capital appreciation through unhedged exposure to equity and equity related instruments.

• 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 instruments 90% 20% High
Equity and equity derivatives (arbitrage opportunities) 70% 0% Medium to High
Net long equity 30% 20% High
Debt, Money Market Instruments and Government Securities (including CBLO/reverse repos, Credit default swaps, equity linked in debentures, margin and securitized debt) 80% 10% 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 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.

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 Equity Savings Fund - How to Invest
To invest online

Click here to invest online instantly*.

In case you require any more information on investing in the L&T Mutual Fund, please call our toll-free Investor Line on 1800 2000 400 between 9am to 6pm on any business day.

To invest offline

Click here to download the KIM and Application form.
Or
Contact your Relationship Manager at your bank, your adviser or your distributor for an application form.

L&T Equity Savings Fund - Downloads