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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 S.N. Lahiri and Rajesh Pherwani
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 For lumpsum: Rs. 5,000 For SIP: Rs. 6,000 (minimum single investment Rs. 1000, minimum 6 cheques)
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 (w.e.f 15th July 2014) 2.9571%
Annual Recurring Expenses for Direct Plan (w.e.f 15th July 2014) 2.3571%

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”
• High risk       (BROWN)

*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 95%
Money Market Instruments 5%

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

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

Note: Risk may be represented as:


Investors understand that their principal will be at Low risk   (BLUE)

Investors understand that their principal will be at Medium risk   (YELLOW)

Investors understand that their principal will be at High risk   (BROWN)

L&T India Special Situations Fund - How to Invest

To invest online

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.

Mutual Funds Investments are subject to market risks, read all schemes related documents carefully.

* Please note that your transaction(s) on www..lntmf.com is/are subject to the Terms and Conditions mentioned herein. If you have completed the KYC formalities you will be able to conduct only purchase transactions till we receive and process your registration/linking form, accepted terms and conditions and other supporting documents - if applicable.

If you have not completed the KYC formalities, you will have only a "view" access till we receive and process your registration /linking form, accepted terms and conditions, KYC form and other supporting documents.

Contact us: 1800 2000 400 / 1800 4190 200 from 9am to 6pm, Monday to Friday.
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