L&T Mutual Fund
L&T Mutual Fund

L&T India Special Situations Fund

L&T India Special Situations Fund - Fund Facts
Fund objective
To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities including equity derivatives.
Inception date
May 22, 2006
Fund Managers
Mr. S. N. Lahiri and Mr. Karan Desai
Benchmark index
S&P BSE 200
SIP availability
Yes
Options
Growth and Dividend options available. The Dividend option offers payout or re - investment facilities
Minimum Investment
Lump sum: Rs. 5,000 and multiples of Re.1 thereafter.
SIP: Rs. 3,000 (minimum instalment amount of Rs. 500 each, minimum 6 instalments)
Entry Load
NIL
Exit Load

For redemption within 1 year from the date of allotment or Purchase applying First in First Out basis - 1.00%

A switch-out or a withdrawal under SWP may also attract an Exit Load like any Redemption. No Exit Loads/CDSC will be chargeable in case of switches made between different options of the Scheme.

No Exit loads will be chargeable in case of; (i) Units allotted on account of dividend reinvestments; and (ii) Units issued by way of bonus, if any.

In case of units switched out/systematically transferred to another option within the Scheme and if subsequently redeemed, for the purpose of determining the Exit Load, the date when such units were first allotted in the Scheme will be considered as the purchase/allotment date.

Annual Recurring Expenses (As on 3rd June, 2017)
2.26%
Annual Recurring Expenses for Direct Plan (As on 3rd June, 2017)
1.66%
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 India Special Situations Fund - Overview
The L&T India Special Situations Fund invests in exciting opportunities that might occur when a company faces a special situation like being in the midst of a merger or acquisition or launching new products, or a stock could be selling at a discount. Our investment philosophy based on bottom-up-research and our proprietary GEM investment approach helps us spot such opportunities so you can benefit from them.
Click here to download the scheme brochure.
L&T India Special Situations Fund - Key Benefits
Out-of-the ordinary potential
Companies facing special situations often tend to significantly outperform the market.
Ideal 'style' diversifier
A touch of the special if your portfolio has several funds with similar investment styles
Diversified equity fund
' Go anywhere' approach - no cap, sector or style bias, but a focus on investment opportunities in special situations
360-degree research
Every stock is handpicked and stock selection is underpinned by first-hand research
SIP available
Investment instalments can be planned as part of a monthly budget
L&T India Special Situations Fund - Features
Investment Style Details
Scheme Classification
An open ended equity growth scheme.
Investment Objective
To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities including equity derivatives.
This product is suitable for investors who are seeking*
  • Long term capital growth
  • Investment predominantly in equity and equity-related securities, with key theme focus being
  • "Special Situations", i.e. "situations that are out of the ordinary"


*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) Normal Allocations (% of net assets) Risk Profile
  Maximum Minimum    
Equity and equity related securities* 100% 80% 95% High
Money market instruments 20% 0% 5% Low to Medium

*Includes investments in offshore securities, ADRs and GDRs not exceeding 10% of the net asset of the Scheme subject to SEBI Guidelines.

Terms of issue
Units are available on an ongoing basis at the Applicable NAV.


Minimum purchase amount Rs. 5,000
Additional purchase amount Rs 1,000
Redemption amount/units Rs. 1,000/100 Units
Scheme Information Document, Key Information Memorandum and Application Forms / Transaction Slips available at the ISCs / distributors' offices.

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 within 1 year from the date of allotment or Purchase applying First in First Out basis - 1.00%

A switch-out or a withdrawal under SWP may also attract an Exit Load like any Redemption. No Exit Loads/CDSC will be chargeable in case of switches made between different options of the Scheme.

No Exit loads will be chargeable in case of; (i) Units allotted on account of dividend reinvestments; and (ii) Units issued by way of bonus, if any.

In case of units switched out/systematically transferred to another option within the Scheme and if subsequently redeemed, for the purpose of determining the Exit Load, the date when such units were first allotted in the Scheme will be considered as the purchase/allotment date.

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
Risk factors

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

L&T India Special Situations 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 India Special Situations 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 India Special Situations Fund - Downloads