Fundcard

L&T Infrastructure Fund - Direct Plan

Value Research Fund Rating as on Oct 31, 2017

Open-ended and Equity: Infrastructure

Risk Grade – Average

Return Grade – High

NAV – Rs. 18.86 as on Nov 22, 2017

Net Assets – Rs. 967.5 crore as on Oct 31, 2017

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L&T Infrastructure Fund - Direct Plan
Rating: Fund Performance Vs Nifty Infrastructure
Risk: Average
Return: High

Fund
Nifty Infrastructure
(Rebased to 10,000)

History 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
NAV (Rs) - - - - - - 6.19 10.31 11.08 12.12 18.86
Total Return (%) - - - - - - - 66.56 7.47 9.39 55.61
+/- Nifty Infrastructure - - - - - - - - - - -
+/- S&P BSE Sensex - - - - - - - 36.67 12.50 7.44 29.56
Rank (Fund/Category) - - - - - - - 13/45 2/39 7/39 1/39
52 Week High (Rs) - - - - - - 6.80 10.53 11.84 13.09 19.07
52 Week Low (Rs) - - - - - - 4.78 5.67 10.19 8.93 12.28
Net Assets (Rs.Cr) 72.61 23.33 38.92 36.75 31.26 33.33 23.30 174.40 199.90 243.61 706.52
Expense Ratio (%) - - - - - - - 2.27 2.12 2.21 -

Top Holdings Quarterly Returns (%)

Company Sector P/E YTD % Assets Q1 Q2 Q3 Q4 Year

Larsen & Toubro Construction 35.75 6.50 2017 20.54 7.39 8.22 - -
Graphite India Engineering 695.07 4.59 2016 -7.85 10.68 10.09 -2.57 9.39
Sterlite Technologies Communication 179.36 3.41 2015 7.66 0.09 -4.32 4.23 7.47
OCL India Construction 107.42 3.24 2014 10.99 39.74 -0.62 8.07 66.56
Bharti Infratel Communication 9.52 3.23 2013 - -2.10 -7.87 20.19 -
Bharat Forge Automobile 57.04 3.04
Petronet LNG Energy 37.58 2.55 Trailing Returns (%)
Kei Industries Engineering 168.55 2.54 Return Rank Nifty SIP
Bharat Electronics Engineering 31.01 2.51 Fund Category Fund/Cat Infrastructure Return
Lakshmi Machine Works Engineering 46.58 2.45 Year-to-Date 55.61 40.80 1/39 30.04 -
Engineers India Construction 20.56 2.35 3-Month 15.63 12.41 6/39 7.84 60.61
Birla Corporation Construction 72.73 2.15 6-Month 21.76 14.81 2/39 8.41 53.24
Idea Cellular Communication 33.33 2.14 1-Year 61.20 43.41 2/39 32.93 52.07
Carborundum Universal Metals 54.12 2.10 2-Year 13.31
32.12 21.48 2/39 43.12
Cummins India Engineering 5.94 2.05 3-Year 1/36
22.22 13.39 2.31 31.35
Bharti Airtel Communication 63.32 2.03 5-Year - - - - -
GAIL Energy 42.30 1.92 7-Year - -
- - -
Sunteck Realty Construction 262.80 1.89 10-Year - - - - -
Jindal Steel & Power Metals 150.87 1.87 Return less than 1-year are absolute and over 1 year are annualised
ACC Construction 29.75 1.81
Maharashtra Seamless Metals 105.50 1.77 Top 10 Sector Weights (%) Risk Analysis
Container Corp. Services 22.18 1.76 Volatility Measurements
Fund Nifty Infra
The Ramco Cements Construction 29.33 1.74
Construction 36.02 - Standard Deviation 18.21
Oberoi Realty Construction 72.60 1.65
ISGEC Heavy Engineering Engineering 59.19 1.59 Engineering 21.63 - Sharpe Ratio 1.01
Communication 11.52 - Beta 1.18
FUND STYLE Metals 9.97 - R-Squared 0.77
Portfolio Characteristics Investment Style Energy 7.63 - Alpha 13.96
Growth Blend Value
Total Stocks 52 Services 4.46 -
Large Medium Small

Avg Mkt Cap (Rs.Cr) Composition (%)

Capitalisation

15568 Automobile 3.04 -

Portfolio P/B Ratio 2.98 Equity 94.27
Portfolio P/E Ratio 28.98 Debt 0.01
3Y Earnings Growth (%) 13.41 Cash 5.73
Returns as on November 22, 2017, Portfolio related data as on October 31, 2017
Best Performance Value Research Analysis Fund Objective & Strategy
YEAR 102.91%
Analysis not available The scheme endeavours to
generate capital appreciation
by investing primarily in
companies that are engaged
in the area of infrastructure.
The fund would select
fundamentally sound
QUARTER 54.53%
companies, having potential to
deliver superior earning
growth in long run.

MONTH 32.78%

Portfolio Manager

Soumendra Nath Lahiri

Worst Performance Since Jan 2013

YEAR -21.11%

QUARTER -20.69%

MONTH -13.60%
Investment Information

AMC : L&T Investment Management Ltd Min Investment (Rs.) : 5000

Website : www.lntmf.com Min SIP Investment (Rs.) : 500
Registrar : Computer Age Management Services Ltd. Exit Load : 1% for redemption within 365 days
Launch : January 2013
Benchmark : Nifty Infrastructure
All the graphs are rebased to 10,000 Plans (NAV) : Dividend (18.86) , Growth (18.86)

NAV Nifty Infrastructure

How to Read the Fundcard - Equity

Value Research Rating, Risk and Return

z Fund Rating — The Value Research Fund Rating is a 1 to 5 star rating that is based on the returns that an equity fund has generated over the pre-
vious three and five years, while taking into account the risks that the fund has taken. This rating is relative to other fund of the same type.
z Risk Grade — A five-step grading of the riskiness of a fund, based on the losses it has suffered during the past five years. This grade is relative to
other fund of the same type.
z Returns Grade — A five-step grading of the returns of a fund. This grade is relative to other fund of the same type.

History
Fund Performance Vs Index
Data on the fund’s performance Sample Mutual Fund
since its launch. Graph of how an investors’ money
Rating:  Fund Performance Vs S&P CNX Nifty
z NAV (Year End) — The last Risk: Low 90000
would have grown in the fund since
NAV of each year. Return: Above Average its launch. A similar graph of the
70000
z Total Return — The percent- Fund
fund’s benchmark index is also
age returns that an investor S&P CNX Nifty
50000
given. For ease of comparison,
would have got over the (Rebased to 10,000) 30000 both have been adjusted to start at
year. 10000
10,000.
z +/- — In the given year, a History 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

comparison of the fund’s NAV (Rs) - - - - 10.33 19.71 23.94 33.94 50.13 81.34 41.89
Total Return (%) - - - - - 90.80 21.46 41.77 47.70 62.26 -48.50
returns with that of two stock +/-S&P CNX Nifty (%) - - - - - 18.90 10.78 5.43 7.87 7.49 3.29
market indices +/-BSE 200 (%) - - - - - -3.67 5.77 7.97 8.12 1.82 7.96
Rank (Fund/Category) - - - - - 54/70 50/79 65/101 27/145 71/162 34/192
z Rank — The fund’s perform- 52 Week High (Rs) - - - - 10.33 19.71 23.94 33.94 50.76 81.46 83.52
ance rank within its category 52 Week Low (Rs) - - - - 8.84 9.91 16.36 22.34 32.26 46.06 36.49

for the year and the total Net Assets (Rs.Cr)

Expense Ratio (%)
-
-
-
-
-
-
-
-
51.40
2.49
15.15
2.50
9.11
2.50
140.54
2.50
124.74
2.50
374.84
2.35
343.03
2.31
number of funds out of Top Holdings Quarterly Returns (%) Quarterly Returns (%)
which it has been ranked. Company Sector P/E 2008 Ret % Assets Q1 Q2 Q3 Q4 Year

z 52-Week NAV Range — The Bharti Airtel Communication 18.56 -28.10 6.49 2008 -24.24 -14.18 -2.23 -18.97 -48.50 The funds’ returns over each quar-
highest and the lowest NAV
Reliance Industries
ONGC
Energy
Energy
11.50
8.31
-57.30
-46.00
5.42
4.50
2007
2006
-1.42
19.42
14.53
-7.25
16.01
19.39
23.88
11.70
62.26
47.70
ter of the last five years, along with
that the fund recorded dur- HDFC Bank Financial 20.67 -42.26 3.93 2005 -0.04 6.52 23.26 8.02 41.77 the entire year’s returns.
HDFC Financial 17.10 -48.21 3.51 2004 0.71 -13.50 15.08 21.15 21.46
ing that year Satyam Computer Services Technology 7.86 -62.12 3.16
Trailing Returns (%)
z Net Assets — The total
ITC FMCG 21.00 -18.47 2.72
Axis Bank Financial 10.42 -47.82 2.70 Return Rank S&P SIP
amount of investor’s assets Infosys Technologies Technology 14.29 -36.79 2.64 Fund Category Fund/Cat CNX Nifty Return
United Spirits FMCG 23.26 -55.48 2.34
that the fund was managing
Year-to-Date -48.50 -55.29 34/192 -51.79 -40.18
ICICI Bank Financial 9.49 -63.62 2.26 3-Month -18.97 -22.88 41/213 -24.53 -0.86
at the end of the year. Dr. Reddy's Lab
State Bank of India
Health Care
Financial
13.61
9.39
-36.12
-45.67
2.19
2.13
6-Month -20.78 -27.09 38/209 -26.76 -33.43
Trailing Returns (%)
1-Year -48.50 -55.29 34/192 -51.79 -40.18
z Expense Ratio — The per- Crompton Greaves Engineering 12.29 -65.84 2.12 2-Year -8.59 -16.06 22/158 -13.63 -24.19

centage of the average daily

Indian Oil Energy -- -46.33 1.95 3-Year 7.27 -1.39 12/134 1.42 -9.43 Performance data for various stan-
Cipla Health Care 22.87 -12.09 1.70
assets that the fund charged Sterlite Industries Metals 11.81 -74.80 1.61
5-Year
7-Year
16.27 12.91
- -
19/67
-
9.50
-
9.90
-
dard periods. All returns are in per-
as its management expens-
Reliance Communications
Jindal Steel & Power
Communication
Metals
22.87
7.07
-69.56
-70.31
1.51
1.46
10-Year - - - - - centage. Periods greater than a
Return less than 1-year are absolute and over 1 year are annualised
es during the year. Larsen & Toubro Diversified 17.65 -62.88 1.43
Top 10 Sector Weights (%) Risk Analysis year are annualised, shorter peri-
ods are not.
Zee Entertainment Services 16.01 -57.45 1.41
CESC Energy 6.21 -62.11 1.37 Fund Nifty Volatility Measurements
Tata Consultancy Services Technology 12.79 -55.87 1.36 Financial 16.24 11.90 Standard Deviation 28.32 z Fund — The fund’s own
ING Vysya Bank Financial 8.89 -50.78 1.35 Energy 14.67 37.49
Nestle India FMCG 26.11 -3.14 1.23 Communication 8.00 11.34
Sharpe Ratio
Beta
0.21
0.88
returns.
Top Holdings Portfolio Characteristics FUND STYLE
Technology
FMCG
7.16
6.29
10.95
6.85
R-Squared 0.96 z Category — The average
Investment Style
Growth Blend Value Health Care 5.00 2.74
Alpha 4.77
returns for all funds in the cate-
A detailed report on the latest Total Stocks 39
Engineering 4.01 5.26
gory.
Large Medium Small

Avg Mkt Cap (Rs.Cr) 28180 Composition (%)

Capitalisation

investment portfolio that the fund Portfolio P/B Ratio 3.03

Metals 3.07 4.43
Equity 71.37
Services 2.93 0.28
z Rank — The funds rank, out of
is holding. For each company, Portfolio P/E Ratio 13.70 Diversified 1.43 2.97 Debt 18.46
3Y Earnings Growth (%) 9.80 Cash 10.17 the total number of funds in the
the sector, the P/E ratio, and the Returns as on 31st December 2008, Portfolio related data as on 30th November 2008
category
year’s returns are given. Also
z Index — The returns of the
stated is the percentage of the
fund’s benchmark index.
fund’s investments that are
z SIP Return (Annualised) —
invested in that company.
The return that an investor
would have made by investing
in the fund’s monthly systemat-
Portfolio Characterstics Fund Style Top 10 Sector Composition (%) ic investment plan over the
Weights (%) period.
Aggregate measures regarding A nine-cell matrix of the overall style The proportion of
the fund’s investments. The mar- of investment that the fund follows, The percentage of the fund’s holdings
ket capitalisation, P/B ratio and based on its latest portfolio. On the the equity invest- that are held in
P/E ratio are weighted averages vertical axis, the three steps denote ments of the fund each of the three
of the latest numbers of the com- the weighted average market capital- that fall under each basic types of
panies that the fund is invested isation of the fund’s investments. The sector of the econo- assets. Risk Analysis
in. Three Year Earnings Growth horizontal axis denotes, on a weight- my. The top 15 sec-
is the weighted average of the ed average basis, whether the com- tors for each fund A range of statistical measures that
compounded average growth in panies that the fund has invested in are given. can be used to evaluate the per-
the net profits of each company. are value stocks, growth stocks, or a formance, risk, and return of a
blend of the two. mutual fund.