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L&T Balanced Advantage Fund
(Erstwhile L&T Dynamic Equity Fund)

3 Value Research
-0.45%
Change from previous, NAV as on Sep 17, 2019
Category: Hybrid: Dynamic Asset Allocation
Assets: R 570 crore (As on Aug 31, 2019)
Expense: 2.52% (As on Aug 31, 2019)
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Basic Details
Fund House: L&T Mutual Fund
Launch Date: Feb 07, 2011
Benchmark (%): CRISIL Short-Term Bond (50), S&P BSE 200 TRI (50)
Riskometer: Moderately High
Risk Grade: Low
Return Grade: Below Average
Turnover: 646%
Type: Open-ended
Investment Details
Return since Launch: 10.72%
Minimum Investment (R) 5,000
Minimum Addl Investment (R) 1,000
Minimum SIP Investment (R) 500
Minimum No of Cheques 6
Minimum Withdrawal (R) 500
Minimum Balance (R) 500
Exit Load (%) For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
Performance
  YTD 1-Month 3-Month 1-Year 3-Year 5-Year 10-Year
Fund 2.65 -0.62 -1.38 1.69 5.47 6.45 -
VR Balanced TRI 1.57 -1.70 -5.44 -1.50 8.24 7.65 -
Category 0.73 -0.54 -2.19 -0.34 5.14 6.72 -
Rank within Category 3 16 8 6 8 - -
Number of funds in category 20 23 22 19 13 - -
As on Sep 17, 2019
Peer Comparison
Fund Rating Launch 1-Year Ret 3-Year Ret 5-Year Ret Expense Ratio (%) Assets
(Cr)
L&T Balanced Advantage Fund Feb-2011 1.69 5.47 6.45 2.52 570
Aditya Birla Sun Life Balanced Advantage Fund Apr-2000 1.64 5.73 7.94 2.13 2,630
Franklin India Dynamic PE Ratio Fund of Funds Oct-2003 2.99 6.97 8.05 1.20 983
ICICI Prudential Balanced Advantage Fund Dec-2006 2.90 6.58 8.30 1.70 27,469
Portfolio
  Value Research Equity Fund Style
 
  Value Research Debt Fund Style
 
Top Equity Holdings
  Company Sector PE 3Y High 3Y Low % Assets
  Tata Consultancy Services Technology 24.87 7.72 0.40 7.72
  Reliance Industries Energy 19.02 8.91 0.00 6.90
  ICICI Bank Financial 47.98 6.02 0.00 6.02
  ITC FMCG 22.52 5.33 0.00 4.21
  Kotak Mahindra Bank Financial 37.25 3.69 0.00 3.69
  Mahanagar Gas Energy 14.05 3.58 0.00 3.58
  HDFC Life Insurance Financial 81.99 3.40 0.00 3.40
  Axis Bank Financial 31.68 3.36 0.00 3.06
  HDFC Bank Financial 27.31 9.72 0.00 2.93
  Sun Pharmaceutical Inds. Healthcare 32.97 6.31 0.00 2.82
Top Debt Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  7.42% REC 2020 Bonds AAA 0.00 - 3.73 3.52
  HDFC Bank 2020 Fixed Deposits - 0.00 - 2.24 2.11
  8.5% National Bank Agr. Rur. Devp 2022 Non Convertible Debenture AAA 0.00 - 3.65 1.77
  8.15% Power Grid Corporation 2020 Debenture AAA 0.00 - 0.94 0.89
  HDFC Bank 2020 Fixed Deposits - 0.00 - 0.93 0.88
  HDFC Bank 2020 Fixed Deposits - 0.00 - 0.93 0.88
  HDFC Bank 2020 Fixed Deposits - 0.00 - 0.93 0.88
  HDFC Bank 2020 Fixed Deposits - 0.00 - 0.93 0.88
  HDFC Bank 2020 Fixed Deposits - 0.00 - 0.93 0.88
  HDFC Bank 2019 Fixed Deposits - 0.00 - 0.37 0.35
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on Aug 31, 2019
Most Recent Dividends
  Plan Record Date Dividend
(R / Unit)
   
+ Dividend Aug 23, 2019 0.0974   More...
    Jul 23, 2019 0.1062    
    Jun 24, 2019 0.1062    
    May 23, 2019 0.1151    
    Apr 23, 2019 0.1062    
    Mar 25, 2019 0.1151    
    Feb 25, 2019 0.1151    
    Jan 23, 2019 0.1151    
    Dec 24, 2018 0.1151    
    Nov 26, 2018 0.1151    
    Oct 23, 2018 0.1151    
    Sep 24, 2018 0.1151    
    Aug 23, 2018 0.1151    
    Jul 23, 2018 0.1151    
    Jun 22, 2018 0.1151    
    May 23, 2018 0.1151    
    Apr 23, 2018 0.1151    
    Mar 23, 2018 0.1300    
    Feb 23, 2018 0.1300    
    Jan 25, 2018 0.1300    
    Dec 22, 2017 0.1300    
    Nov 24, 2017 0.1300    
    Oct 23, 2017 0.1300    
    Sep 25, 2017 0.1300    
    Aug 24, 2017 0.1300    
News and Analysis
Contact Information

AMC: L&T Investment Management Ltd

Address: Brindavan Plot No. 177, CST Road Kalina, Santacruz (East) Mumbai - 400098 | Phone: 022-66554000 / 1800-2000-400 | Fax: 022-66554002

Email: [email protected]

Website: www.lntmf.com



Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002 | Phone: 1800-3010-6767 / 1800-419-7676 | Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com