L&T Mutual Fund
L&T Mutual Fund

L&T Income Opportunities Fund

L&T Income Opportunities Fund - Fund Facts
Fund objective
The Scheme seeks to generate regular returns and capital appreciation by investing in debt (including securitized debt), government and money market securities.
Inception date
October 8,2009
Fund Managers
Shriram Ramanathan
Benchmark index
CRISIL Short Term Bond Fund Index
SIP availability
SIP is available in L&T Income Opportunities Fund. The frequency for installments shall be monthly on the 1st/ 5th/ 10th / 15th / 20th or 25th of the month (28th for the month of February) and on the next Business Day if it happens to be a non business day.
Options

Dividend^
Growth*

^ Investors are requested to note that presently the Board of Trustee Company has decided the frequency as Monthly dividend (under Dividend Option). However, the Board of Directors of Trustee Company reserves the right to declare the dividend and/ or change the frequency of Dividend Option.

*If no option is specified at the time of application, the default option is Growth Option.

Minimum Investment
Lumpsum Investment per Application
Initial Investment: Rs.10,000 and in multiples of Re. 1/- thereafter
Additional Investment: Rs.1,000 and in multiples of Re. 1/- thereafter

Systematic Investment per Application
Min. Instalment Amount: Rs. 1,000
Min. No. of Instalments: (a) Monthly: 6 (b) Quarterly: 6
Min. Aggregate Investment: Rs. 6,000

All the above three conditions are to be jointly fulfilled
Entry Load
In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009.
Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.
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

Bonus units and units issued on reinvestment of dividends shall not be subject to Exit Load.

Annual Recurring Expenses (As on 18th February, 2017)
1.65%
Annual Recurring Expenses for Direct Plan (As on 18th February, 2017)
1.15%
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 Income Opportunities Fund - Overview
L&T Income Opportunities Fund - is positioned primarily to take advantage of investment opportunities at the shorter end of the yield curve. The fund will invest in a mix of Corporate bonds / Short term NCDs, Commercial Papers and Certificates of Deposit.
L&T Income Opportunities- Key Benefits

A medium term debt with maximum portfolio average maturity of 3 years, with moderate duration risk.

Rigorous credit selection process to spot mispriced credit opportunities, with a view to enhance yield with controlled risk levels.

Can form the core holding for the fixed income portfolio of an investor with a medium term investment horizon.

L&T Income Opportunities Fund - Features
Investment Style Details
Scheme Classification
An Open Ended Income Scheme
Investment Objective
The Scheme seeks to generate regular returns and capital appreciation by investing in debt (including securitized debt), government and money market securities.
This product is suitable for investors who are seeking*
  • Generation of regular returns and capital appreciation over medium to long term
  • Investment in debt instruments(including securitized debt), government and money market securities
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Normal Asset Allocation
Debt instruments including securitised debt 0% - 100%
Money market instruments 0% - 100%

Terms of issue
Lumpsum Investment per Application Initial Investment: Rs.10,000 and in multiples of Re. 1/- thereafter
Additional Investment: Rs.1,000 and in multiples of Re. 1/- thereafter
Systematic Investment per Application Min. Instalment Amount: Rs. 1,000
Min. No. of Instalments: (a) Monthly: 6 (b) Quarterly: 6
Min. Aggregate Investment: Rs. 6,000

All the above three conditions are to be jointly fulfilled.

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
In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009.
Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.
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

Bonus units and units issued on reinvestment of dividends shall not be subject to Exit Load.

General Services

Investors can contact any of the ISCs at its toll-free number " 1800 2000 400 ". NAVs will be calculated and published on all Business Days. Purchase/Redemption on all Business Days.

Risk factors

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

L&T Income Opporunities 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 Income Opporunities 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 Income Opportunities Fund - Downloads