L&T Mutual Fund
L&T Mutual Fund

L&T India Prudence Fund

L&T India Prudence Fund - Fund Facts
Fund objective
To seek to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments
Inception date
February 7, 2011
Fund Managers
Mr. S. N. Lahiri (investments in equity and equity related instruments)
Mr. Shriram Ramanathan (investments in debt and debt related instruments)
Mr. Karan Desai (for investments in Foreign Securities)
Benchmark index
70% - S&P BSE 200 Index, 30% CRISIL Short Term Bond Fund Index
SIP availability
Yes
Options
  • Growth
  • Dividend Option (Reinvestment and Payout)
  • Annual Dividend Option (Reinvestment and Payout)
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
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/CDSC 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 17th June, 2017)
2.01%
Annual Recurring Expenses for Direct Plan (As on 17th June, 2017)
1.21%
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 Prudence Fund - Overview
Want the best of both worlds? Choose the L&T India Prudence Fund. The fund will predominantly invest in equity with a small exposure to debt instruments. This provides you with the return potential of equities and the safety associated with debt.

Click here to download the Fund Update.
L&T India Prudence Fund - Key Benefits
Asset allocation
Invests across two asset classes - equity and debt
Balance between growth and stability
While equity exposure aims to provide capital appreciation, debt exposure helps in providing stability to the portfolio
360-degree research
Investments are underpinned by first-hand research
SIP available
Investment instalments can be planned as part of monthly budget
L&T India Prudence 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 predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments
This product is suitable for investors who are seeking*
  • Long term capital appreciation and generation of reasonable returns
  • Investment in equity and equity-related securities 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
Equity and equity related securities 65-75%
Debt and Money Market Instruments including units of debt / fixed income schemes launched by mutual funds registered with SEBI* 25-35%

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 Fund per application
Minimum additional purchase amount Rs 1000
Minimum redemption amount/units Rs. 1,000 or 100 Units in respect of each Fund
Statement of Additional Information, Scheme Information Document, Key Information Memorandum and Application Forms will be 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 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/CDSC 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 us at the toll-free number "1800-2000-400". NAVs will be calculated on every business day and published in two daily newspapers on all business days. Redemption on all business days.

NAVs will be calculated on every business day and published in two daily newspapers with a lag of one day for each Fund.

Redemption on all business days.

Risk factors

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

L&T India Prudence 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 Prudence Fund, please call our toll-free Investor Line on 1800 180 8000 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 Prudence Fund - Downloads