L&T Mutual Fund
L&T Mutual Fund

L&T Infrastructure Fund

L&T Infrastructure Fund - Fund Facts
Fund objective
The scheme seeks to generate capital appreciation by investing predominantly in equity and equity related instruments of companies in the infrastructure sector.
Inception date
September 27, 2007
Fund Managers
S.N. Lahiri
Benchmark index
Nifty Infrastructure Index
SIP availability
Yes
Options
Dividend (Payout / Reinvestment) & Cumulative
Minimum Investment
Lump sum: Fresh purchase: Rs. 5,000; additional purchase: Rs. 1,000; thereafter in multiples of Re.1.
SIP: Rs. 3,000 (minimum instalment amount of Rs. 500 each, minimum 6 instalments)
Entry Load
NIL
Exit Load
  • Within 1 year from the date of allotment or Purchase applying First in First out basis - 1% of applicable NAV
  • After 1 years from the date of allotment or Purchase applying First in First out basis - Nil
  • Bonus units and units issued on reinvestment of dividends shall not be subject to Exit Load.
Annual Recurring Expenses (As on 11th March, 2017)
2.52%
Annual Recurring Expenses for Direct Plan (As on 11th March, 2017)
1.92%
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 Infrastructure Fund - Overview
The L&T Infrastructure Fund predominantly invests in infrastructure companies which have the potential to benefit from increased spending on infrastructure growth. The portfolio is well diversified across sectors, market capitalisation and between PSU and private companies.
L&T Infrastructure Fund - Key Benefits
A top down view will be formed to identify sectors within the infrastructure space which present the most attractive investment opportunity
Within each sector, individual stocks would be identified based on their present status and future earnings potential to provide investors with an optimum risk adjusted long term return
The fund will not have any market capitalization bias.
The industries that fall under infrastructure sector would broadly include: Banking & Financial Services, Cement & Cement Products, Capital Goods, Construction & related Industry, Electrical & Electronic components, Energy, Engineering, Metals/ Mining/Minerals, Housing, Oil & Gas and Allied Industries, Petroleum & Related Industry, Ports, Power and Power Equipment, Telecom, Transportation.
L&T Infrastructure Fund - Features
Investment Style Details
Scheme Classification
An open ended equity growth scheme
Investment Objective
The investment objective of the scheme seeks to generate capital appreciation by investing predominantly in equity and equity related instruments of companies in the infrastructure sector.
This product is suitable for investors who are seeking*
  • Long term capital growth
  • Investment predominantly in equity and equity-related instruments of companies in the infrastructure sector

* Investment in Securitized debt, if undertaken, would not exceed 35% of the net assets of the Scheme.

Normal Asset Allocation
Instruments Indicative Allocation (% of net assets) Risk Profile
  Maximum Minimum  
Equity and equity related securities^ (including Indian and foreign equity securities as permitted by SEBI/RBI*) 100% 65% Medium to High
Money market instruments 35% 0% Low to Medium

* Investment in Securitized debt, if undertaken, would not exceed 35% of the net assets of the Scheme.

Terms of issue
Minimum purchase amount Rs.5000 and in multiples of Re.1 thereafter
Minimum additional purchase amount Rs.1000 and in multiples of Re.1 thereafter
Minimum redemption amount/units Rs.500 or 50 units
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
  • Within 1 year from the date of allotment or Purchase applying First in First out basis - 1% of applicable NAV
  • After 1 years from the date of allotment or Purchase applying First in First out basis - 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 / 1800 180 8000". 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.

Note: Risk may be represented as:
L&T Infrastructure 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 Infrastructure 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 Infrastructure Fund - Downloads