logging in or signing up L&T Mutual Fund Systematic Investment Plan (SIP) lntmf Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 117 Category: Business & Fin.. License: All Rights Reserved Like it (0) Dislike it (0) Added: January 03, 2012 This Presentation is Public Favorites: 1 Presentation Description Secure your investments by investing wisely and securely in L&T Mutual Funds’ Systematic Investments Plan (SIP). Comments Posting comment... Premium member Presentation Transcript PowerPoint Presentation: L&T Mutual Fund Systematic Investment Plan (SIP) www.LNTMF.comWhat worries the Indian Investor today ?: 2 “I have a financial goal, but I am not sure about how to achieve it” “I make a decent amount of money, but lack the discipline to save anything, thus, even after working for 4 years I have not been able to buy a car” What worries the Indian Investor today ? “The lumpsum investment I made in the last Bull Run has run into losses after the market crashed” “I save a fixed amount from my salary every month, but have no idea how to invest this savings for future growth.”Performance of various asset classes: 3 Short term debt represented by crisil short term index, long term debt represented by crisil composite bond fund index, cash and equivalent represented by crisil liquid fund index,. Source: bloomberg, icra mfie, crisil. For Information purpose. This should not be construed as recommendations from the AMC. Equities have outperformed other asset classes in the long term. Equities have generated positive inflation-adjusted returns over a period of time. Date Range: Apr 2002 - Dec 2011 Performance of various asset classesHowever, timing the market is difficult: 4 Sensex returns (1998-2011) : 10.83% (CAGR) Missing just 10 best days of the market: returns drop to 4.10% (CAGR) Market timing becomes increasingly difficult as volatility rises in the market Trying to predicting the highs and lows of the market may expose the investor to more risk, if he gets the timing wrong. Source: icra mfie. Date range 1998-2011. For Information purpose. This should not be construed as recommendations from the AMC. Date Range: 1998 - 2011 However, timing the market is difficultSIPs to your rescue…: 5 Systematic Investment Plan is a strategy whereby an investor commits to invest a fixed amount in a mutual fund scheme, at pre-specified intervals. SIPs to your rescue… It is a tool which ensures you stay in the market month-on-month Helps in avoiding market timing trap Emotional decision making and panic selling are curbed, as the investment are done in a disciplined mannerAdvantages of SIP: 6 Discipline: Investing at pre-defined intervals Reduces risk: Works well in volatile market conditions Averaging: Allows you to buy more unit when markets are down, buys less units when markets are rising Economical: Results in a lower average cost per unit in most situations Affordability: It is easy on the wallet too, as we don’t have to commit large sums of money at one go Advantages of SIPSIP – Harness the Power of Compounding : 7 In the long term, an investment as low as Rs 1000/- per month can grow into a significant amount Even a small differential in yield may boost the value of investment Source: Internal. For Information purpose. This should not be construed as recommendations from the AMC. The above illustration does not guarantee / assures returns from the schemes of L&T Mutual Fund SIP – Harness the Power of CompoundingSIP – Start Early: 8 The cost of delaying investment decision is high as can be seen from the illustration. An individual who starts at 25 years of age by investing Rs. 1000 per month collects around Rs. 37 Lakh on retirement (at the age of 60 years) On the other hand if the same individual delays his retirement planning by 5 years, his wealth upon retirement (at the age of 60 years) reduces significantly (approx Rs. 15 Lakh) Source: Internal. For Information purpose. This should not be construed as recommendations from the AMC. The above illustration does not guarantee / assures returns from the schemes of L&T Mutual Fund SIP – Start EarlySIP Vs Lumpsum – easy on the wallet : 9 As seen in the previous example, an investor may have to invest Rs 4.2 Lakh (at the age of 25 yrs) in a lumpsum investment to achieve a retirement corpus of 37.96 Lakh at 60 yrs of age Source: Internal. For Information purpose. This should not be construed as recommendations from the AMC. The above illustration does not guarantee / assures returns from the schemes of L&T Mutual Fund SIP Vs Lumpsum – easy on the wallet That effectively means he is paying 420 installments of Rs. 1000/- upfront Even if we assume that an investor has the ability to invest the lumpsum, a staggered approach would still be preferred as it averages out market volatilitySIP – Rupee Cost Averaging: 10 Through systematic investing, you buy more units when the prices are low and fewer units when the prices are high. This results in averaging of cost per unit popularly known as Rupee Cost Averaging . Assume that you have invest Rs. 1000 on a monthly basis for 4 months using a SIP. The tables below show the cost of investment of the same value but done at one-time as compared to the investment done through SIP route. Source: Internal. For Information purpose. This should not be construed as recommendations from the AMC. The above illustration does not guarantee / assures returns from the schemes of L&T Mutual Fund SIP – Rupee Cost AveragingContd..: SIP Investment One-time Investment As illustrated in the example, using SIP averages out the cost per unit, which may result in wealth creation over time. Source: Internal. For Information purpose. This should not be construed as recommendations from the AMC. The above illustration does not guarantee / assures returns from the schemes of L&T Mutual Fund 11 Contd..L&T MF - SIP Performance: 12 L&T MF - SIP PerformanceL&T Growth Fund: 13 Inception date : (17/09/2001) # S&P CNX Nifty ## BSE Sensex ^ Past performance may or may not be sustained in the future Load is not considered for computation of returns Rs 10000 assumed to be invested on the 1st business day of each month. Source: icra mfie. Refer slide no 24 to 29 for performance of other schemes managed by the fund manager Pankaj Gupta L&T Growth Fund (Cumulative Option ) Date NAV Per Unit (Rs.) XIRR Scheme Returns (%) ^ XIRR Benchmark Returns # (%) XIRR Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme^ (Rs) Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011 10.00 14.44 13.17 13.94 26,70,372 24,89,823 25,97,964 December 31, 2010 to December 31, 2011 42.26 -24.27 -26.36 -25.93 Not applicable December 31, 2009 to December 31, 2010 35.27 26.82 26.69 27.23 December 31, 2008 to December 31, 2009 20.11 79.02 74.61 79.44 L&T Growth FundL&T Opportunities Fund : 14 Inception date : (11/12/2003) Returns are calculated from 11/12/2003 when the scheme was repositioned as L&T Opportunities Fund # S&P CNX Nifty ## BSE Sensex ^ Past performance may or may not be sustained in the future Load is not considered for computation of returns Rs 10000 assumed to be invested on the 1st business day of each month. Source: ICRA mfie. Refer slide no 24 to 29 for performance of other schemes managed by the fund manager Pankaj Gupta L&T Opportunities Fund (Cumulative Option ) Date NAV Per Unit (Rs.) XIRR Scheme Returns (%) ^ XIRR Benchmark Returns # (%) XIRR Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme^ (Rs) Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011 11.40 * 9.50 8.40 8.81 14,36,281 13,72,083 13,95,923 December 31, 2010 to December 31, 2011 47.68 -29.79 -26.36 -25.93 Not applicable December 31, 2009 to December 31, 2010 40.96 19.15 26.69 27.23 December 31, 2008 to December 31, 2009 20.80 105.02 74.61 79.44 L&T Opportunities FundL&T Midcap Fund: 15 Rs 10000 assumed to be invested on the 1st business day of each month. Source: ICRA mfie. Refer slide no 18 to 23 for performance of other schemes managed by the fund manager Anant Deep Katare. Date NAV Per Unit (Rs.) XIRR Scheme Returns (%) ^ XIRR Benchmark Returns # (%) XIRR Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme^ (Rs) Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011 10.00 6.98 6.20 7.22 11,58,030 11,24,387 11,68,699 December 31, 2010 to December 31, 2011 43.66 -32.02 -35.9 -25.93 Not applicable December 31, 2009 to December 31, 2010 35.77 21.91 15.5 27.23 December 31, 2008 to December 31, 2009 16.93 133.28 124.52 79.44 Inception date : (09/08/2004) # CNX MidCap ## BSE Sensex ^ Past performance may or may not be sustained in the future Load is not considered for computation of returns L&T Midcap Fund (Cumulative Option) L&T Midcap FundHow to start a SIP with L&TMF: 16 1 st installment in form of a cheque Fill the Application Form and Auto Debit Form Minimum investments : Frequency Minimum Amount Minimum Installments Dates Monthly Rs 1000 per month and in multiples of Re 500 thereafter* 6 5 th , 15 th , 25 th , 30 th (28th for the month of February) Please read Scheme Information Document, KIM, Application Form carefully. *In case of L&T Tax Saver Fund, minimum application amount for each SIP can also be Rs. 500/- for 12 months i.e. 12 cheques of Rs. 500/- each, dated 5th, 15th, 25th or 30th (28th for the month of February) of the month. How to start a SIP with L&TMFSIP is available in the following schemes: Equity Schemes Debt Schemes L&T Growth Fund L&T Monthly Income Plan L&T Midcap Fund L&T Triple Ace Fund L&T Opportunities Fund L&T Select Income Fund – Flexi Debt Fund L&T Tax Saver Fund L&T Gilt Fund L&T Contra Fund L&T MIP - Wealth Builder Fund L&T Hedged Equity Fund L&T Short Term Debt Fund L&T Infrastructure Fund Please read Scheme Information Document, KIM, Application Form carefully. 17 SIP is available in the following schemesFunds Managed by Mr. Anant Deep Katare: Funds Managed by Mr. Anant Deep Katare L&T Midcap Fund L&T Tax Saver Fund L&T Hedged Equity Fund L&T MIP - Wealth Builder Fund (Equity Portion) (Monthly income is not assured and is subject to availability of distributable surplus) L&T Tax Advantage Fund - Series I 18L&T Midcap Fund: L&T Midcap Fund Inception date : (09/08/2004) *Absolute Returns **CAGR Returns # CNX MidCap ## BSE Sensex ^ Past performance may or may not be sustained in the future Since inception returns are computed on Rs. 10 invested at inception. Load is not considered for computation of returns 19 Refer slide no 18 to 23 for performance of other schemes managed by the fund manager Anant Deep Katare. L&T Midcap Fund – Cumulative Option Date NAV Per Unit (Rs.) Scheme Returns (%) ^ Benchmark Returns # (%) Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme (Rs )^ Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011** 10.00 16.45% 15.41% 15.77% 30,840 28,867 29,532 December 31, 2010 to December 31, 2011* 43.66 -29.36% -31.00% -24.64% Not applicable December 31, 2009 to December 31, 2010* 35.77 22.06% 19.16% 17.43% December 31, 2008 to December 31, 2009* 16.93 111.28% 98.97% 81.03%PowerPoint Presentation: L&T Tax Saver Fund 20 Inception date : (18/11/2005) *Absolute Returns **CAGR Returns # S&P CNX Nifty ## BSE Sensex ^ Past performance may or may not be sustained in the future Since inception returns are computed on Rs. 10 invested at inception. Load is not considered for computation of returns Refer slide no 18 to 23 for performance of other schemes managed by the fund manager Anant Deep Katare. L&T Tax Saver Fund – Cumulative Option Date NAV Per Unit (Rs.) Scheme Returns (%) ^ Benchmark Returns # (%) Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme (Rs )^ Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011** 10.05 3.37% 9.73% 9.87% 12,249 17,650 17,792 December 31, 2010 to December 31, 2011* 17.44 -29.42% -24.62% -24.64% Not applicable December 31, 2009 to December 31, 2010* 15.06 15.80% 17.95% 17.43% December 31, 2008 to December 31, 2009* 7.73 94.83% 75.76% 81.03%PowerPoint Presentation: L&T Hedged Equity Fund 21 Inception date : (19/04/2007) *Absolute Returns **CAGR Returns # S&P CNX Nifty ## BSE Sensex ^ Past performance may or may not be sustained in the future Since inception returns are computed on Rs. 10 invested at inception. Load is not considered for computation of returns Refer slide no 18 to 23 for performance of other schemes managed by the fund manager Anant Deep Katare. Date NAV Per Unit (Rs.) Scheme Returns (%) ^ Benchmark Returns # (%) Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme (Rs )^ Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011** 10.00 2.48% 3.14% 2.72% 11,220 11,568 11,347 December 31, 2010 to December 31, 2011* 15.02 -25.30% -24.62% -24.64% Not applicable December 31, 2009 to December 31, 2010* 12.84 16.98% 17.95% 17.43% December 31, 2008 to December 31, 2009* 7.78 65.04% 75.76% 81.03% L&T Hedged Equity Fund – Cumulative OptionPowerPoint Presentation: Since the scheme is in existence for less than one year, past performance shall not be provided pursuant to SEBI circular August 22, 2011 L&T MIP – Wealth Builder Fund 22 Refer slide no 18 to 23 for performance of other schemes managed by the fund manager Anant Deep Katare.PowerPoint Presentation: L&T Tax Advantage Fund - Series I L&T Tax Advantage Fund - Series I (Cumulative Option) 23 Inception date : 27/3/2009 *Absolute Returns # BSE 200 ## BSE Sensex ^ Past performance may or may not be sustained in the future Since inception returns are computed on Rs. 10 invested at inception. Load is not considered for computation of returns Refer slide no 18 to 23 for performance of other schemes managed by the fund manager Anant Deep Katare. Date NAV Per Unit (Rs.) Scheme Returns (%) ^ Benchmark Returns # (%) Additional Benchmark Returns # # (%) December 31, 2010 to December 31, 2011* 22.65 -28.21% -26.95% -24.64% December 31, 2009 to December 31, 2010* 18.67 21.32% 16.22% 17.43%Funds Managed by Mr. Pankaj Gupta: Funds Managed by Mr. Pankaj Gupta L&T Growth Fund L&T Opportunities Fund L&T Contra Fund L&T Infrastructure Fund L&T Monthly Income Plan (Equity Portion) (Monthly income is not assured and is subject to availability of distributable surplus) 24PowerPoint Presentation: 25 L&T Growth Fund Inception date : (17/09/2001) *Absolute Returns **CAGR Returns # S&P CNX Nifty ## BSE Sensex ^ Past performance may or may not be sustained in the future Since inception returns are computed on Rs. 10 invested at inception. Load is not considered for computation of returns. Refer slide no 24 to 29 for performance of other schemes managed by the fund manager Pankaj Gupta Date NAV Per Unit (Rs.) Scheme Returns (%) ^ Benchmark Returns # (%) Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme (Rs )^ Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011** 10.00 20.05% 17.59% 18.55% 65,580 53,016 57,647 December 31, 2010 to December 31, 2011* 42.26 -22.41% -24.62% -24.64% Not applicable December 31, 2009 to December 31, 2010* 35.27 19.48% 17.95% 17.43% December 31, 2008 to December 31, 2009* 20.11 75.88% 75.76% 81.03% L&T Growth Fund – Cumulative OptionPowerPoint Presentation: 26 L&T Opportunities Fund Inception date : (11/12/2003) Returns are calculated from 11/12/2003 when the scheme was repositioned as L&T Opportunities Fund *Absolute Returns **CAGR Returns # S&P CNX Nifty ## BSE Sensex ^ Past performance may or may not be sustained in the future Since inception returns are computed on Rs. 10 invested at inception. Load is not considered for computation of returns. Refer slide no 24 to 29 for performance of other schemes managed by the fund manager Pankaj Gupta Date NAV Per Unit (Rs.) Scheme Returns (%) ^ Benchmark Returns # (%) Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme (Rs) Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011** 11.40 * 14.58% 13.26% 14.20% 29,956 27,276 29,160 December 31, 2010 to December 31, 2011* 47.68 -28.38% -24.62% -24.64% Not applicable December 31, 2009 to December 31, 2010* 40.96 16.41% -3.28% 17.43% December 31, 2008 to December 31, 2009* 20.80 75.53% 66.76% 81.03% L&T Opportunities Fund – Cumulative OptionPowerPoint Presentation: L&T Contra Fund 27 Inception date : (27/02/2006) *Absolute Returns **CAGR Returns # S&P CNX 500 ## BSE Sensex ^ Past performance may or may not be sustained in the future Since inception returns are computed on Rs. 10 invested at inception. Load is not considered for computation of returns. Refer slide no 24 to 29 for performance of other schemes managed by the fund manager Pankaj Gupta Date NAV Per Unit (Rs.) Scheme Returns (%) ^ Benchmark Returns # (%) Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme (Rs )^ Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011** 10.00 -3.12% 5.30% 7.22% 8,310 13,522 15,031 December 31, 2010 to December 31, 2011* 11.32 -26.59% -12.65% -24.64% Not applicable December 31, 2009 to December 31, 2010* 9.79 15.63% 14.13% 17.43% December 31, 2008 to December 31, 2009* 5.80 3.97% 3.69% 81.03% L&T Contra Fund – Cumulative OptionPowerPoint Presentation: L&T Infrastructure Fund 28 Inception date : (27/09/2007) *Absolute Returns **CAGR Returns # S&P CNX Nifty ## BSE Sensex ^ Past performance may or may not be sustained in the future Since inception returns are computed on Rs. 10 invested at inception. Load is not considered for computation of returns. Refer slide no 24 to 29 for performance of other schemes managed by the fund manager Pankaj Gupta Date NAV Per Unit (Rs.) Scheme Returns (%) ^ Benchmark Returns # (%) Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme (Rs )^ Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011** 10.00 -14.45% -1.82% -2.41% 5,140 9,248 9,011 December 31, 2010 to December 31, 2011* 7.96 -35.43% -24.62% -24.64% Not applicable December 31, 2009 to December 31, 2010* 7.49 6.28% 17.95% 17.43% December 31, 2008 to December 31, 2009* 4.47 67.56% 75.76% 81.03% L&T Infrastructure Fund – Cumulative OptionPowerPoint Presentation: L&T Monthly Income Plan 29 Inception date : (31/07/03) *Absolute Returns **CAGR Returns # CRISIL MIP Blended Index ## NA ^ Past performance may or may not be sustained in the future Since inception returns are computed on Rs. 10 invested at inception. Performance of dividend option would be net of Dividend Distribution Tax, as applicable. Load is not considered for computation of returns. Refer slide no 24 to 29 for performance of other schemes managed by the fund manager Pankaj Gupta Date NAV Per Unit (Rs.) Scheme Returns (%) ^ Benchmark Returns # (%) Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme (Rs )^ Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011** 10.0000 8.57% 7.42% NA 19,993 18,281 NA December 31, 2010 to December 31, 2011* 19.7145 1.41% 1.72% Not applicable December 31, 2009 to December 31, 2010* 18.6753 5.56% 7.00% December 31, 2008 to December 31, 2009* 16.5623 12.76% 12.99% L&T Monthly Income Plan – Cumulative Option. (Monthly Income is not assured and is subject to the availability of distributable surplus)Disclaimers and Risk factors: 30 Disclaimer: The AMC/Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market. Statutory Details: L&T Mutual Fund has been established as a trust under the Indian Trust Act, 1882 by L&T Finance 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 Investment Management Limited as the Investment Manager. Risk Factors: All investments in mutual funds and securities are subject to market risks and the NAV of the Schemes of the Fund may go up or down depending upon the factors and forces affecting the securities market. Investment in mutual fund units involves investment risks such as trading volumes, settlement risk, liquidity risk, default risk including the possible loss of principal. Past performance of the Sponsor/AMC/Mutual Fund does not guarantee future performance of the Schemes/ Plans. The Sponsor is not responsible or liable for any loss resulting from the operation of the Schemes beyond the initial contribution of Rs. 1 lakh made by it towards setting up the Fund. The name of the Schemes/Plans/Mutual Fund do not in any manner indicate either the quality of the Schemes/ Plans or its future prospects and returns; and are only the name of the Schemes/Plans. There can be no assurance that the objectives of the Schemes/Plans/Mutual Fund will be achieved. Schemes specific risk factors: Investment in the Schemes shall be subject to various risks including but not limited to risk associated with: Investment in Equity and Equity related Instruments & Fixed Income Securities such as Performance Risk, Credit Risk, Reinvestment Risk, Interest Rate Risk, Investment in Derivatives, Securitized Debt, etc. For L&T Monthly Income Plan & L&T MIP – Wealth Builder Fund - Monthly Income is not assured and is subject to distributable surplus. Please read the Scheme Information Document and Statement of Additional Information carefully before investing. Investment objective and classification : L&T Opportunities Fund (an Open Ended Growth Fund) : The Scheme will invest mainly to generate long term capital appreciation from a diversified portfolio of equity and equity related securities. The fund will invest in a universe of stocks, which will be identified using fundamental analysis. The fund will invest in a portfolio of both value and growth stocks. The strategy will be to build up diversified portfolio of quality stocks, with medium to long term potential. L&T Hedged Equity Fund (an Open Ended Equity Scheme): To generate long term capital appreciation by investing in equity, equity related and derivative instruments. The fund seeks to minimize risk by use of hedging instruments such as index and stock derivative instruments. The aim is to generate returns with a lower volatility. L&T Midcap Fund (an Open Ended Equity Scheme): To generate capital appreciation by investing primarily in midcap stocks. The scheme will invest primarily in companies whose market capitalization falls between the highest and the lowest constituent of the CNX Midcap Index. L&T Growth Fund (an Open Ended Growth Scheme): To generate long term capital appreciation income through investment in equity and equity related instruments; the secondary objective is to generate some current income and distribute dividend. L&T Tax Saver Fund (an Open Ended Equity Linked Tax Savings Scheme): To provide long term capital appreciation by investing predominantly in equity and equity related instruments and also enabling investors to get income tax rebate as per the prevailing Tax Laws and subject to applicable condition. L&T Contra Fund (an Open Ended Equity Scheme) : To generate capital appreciation by investing in equity and equity related instruments by using a 'contrarian strategy'. Contrarian investing refers to buying into fundamentally sound scripts which have underperformed / not performed to their full potential in their recent past. L&T Infrastructure Fund (an Open Ended Equity Scheme): To generate capital appreciation by investing predominantly in equity and equity related instruments of companies in the infrastructure sector. Disclaimers and Risk factorsContd..: 31 L&T Triple Ace Fund (an Open Ended Pure Income Scheme): To generate regular and stable income for the unit holders of the Scheme. The corpus of the scheme would be invested primarily in debt market securities such as non-convertible debentures, bonds issued by corporates, bank and government, commercial paper, certificate of deposits and other money market instruments. The scheme would invest predominantly insecurities rated by the Credit Rating and Information Services of India Limited (CRISIL), or any other rating agency L&T Monthly Income Plan (Monthly Income is not assured and is subject to the availability of distributable surplus) (an Open Ended Income Scheme with no assured returns): the primary investment objective is to generate monthly income through investments in a range of Debt, Equity and Money Market Instruments. Income will be distributed only if the same is earned by the scheme and there can be no assurance that the objective of the scheme will be realized. L&T MIP – Wealth Builder Fund (Monthly Income is not assured and is subject to the availability of distributable surplus) (An Open Ended Income Scheme): The primary investment objective is to generate monthly income through investments in a range of Debt, Equity and Money Market Instruments. Income will be distributed only if the same is earned by the Scheme and there can be no assurance that the objective of the Scheme will be realized. L&T Gilt Fund (an Open Ended Dedicated Gilt Scheme): To generate returns from a portfolio by investments in government securities. L&T Select Income Fund-Flexi Debt Fund (an Open Ended Income Scheme): The Scheme seeks to generate regular returns and capital appreciation by investing in debt (including securitized debt), government and money market securities. L&T Short Term Debt Fund (an Open Ended Debt Scheme) The investment objective of the Scheme is to generate returns for investors with a short-term investment horizon by investing in fixed income securities of shorter term maturity. Load Structure (including SIP/STP/SWP/DIP) : L&T Midcap Fund, L&T Opportunities Fund, L&T Growth Fund, L&T Contra Fund, L&T Hedged Equity Fund, L&T Infrastructure Fund, L&T Monthly Income Plan, L&T MIP – Wealth Builder Fund and L&T Triple Ace Fund: Entry Load – Nil. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investor’s assessment of various factors including the service rendered by the distributors. Exit Load - 1% if redeemed ≤ 1 year; Nil - if redeemed > 1 year. L&T Tax Saver Fund: Entry Load – Nil. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investor’s assessment of various factors including the service rendered by the distributors. Exit Load - Nil. L&T Gilt Fund: Entry Load – Nil. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investor’s assessment of various factors including the service rendered by the distributors. Exit Load - 0.25% if redeemed ≤1 month. Nil if redeemed>1 month. L&T Select Income Fund - Flexi Debt Fund: Entry Load – Nil. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investor’s assessment of various factors including the service rendered by the distributors. Exit Load - 0.25% if redeemed ≤ 30 days. Nil if redeemed > 30 days. L&T Short Term Debt Fund : Entry Load: Nil. Exit Load: For all investments:0.5% - if redeemed ≤ 6 months; Nil - if redeemed > 6 months. Bonus units and units issued on reinvestment of dividends shall not be subject to exit load. The investor is requested to check the prevailing load structure of the Scheme before investing. Terms of Issue: Units of the Schemes are being offered at NAV based prices, subject to the prevailing. Additionally, units of the Schemes can also be transacted in demat mode (only) on the Mutual Fund Service System (MFSS) of NSE and/ or (StAR MF) of BSE subject to the provisions of the SID/ SAI/ KIM of the Schemes, guidelines laid by the SEBI/ Depositories/ Depository Participant from time to time and restrictions on transfer of units of Equity Linked Savings Schemes of L&T Mutual Fund during the lock-in period. The AMC calculates and publishes NAVs and offers for sale, redemption and switch outs, units of the Schemes on all Business Days, at the Applicable NAV of the Schemes. In case of L&T Tax Saver Fund (An Open Ended Equity Linked Tax Savings Scheme) the units can be redeemed only after expiry of lock-in period of 3 years from the date of allotment. Scheme Information Document, Statement of Additional Information, Key Information Memorandum and Application Forms are available at Mutual Fund Branches / Mutual Fund website at www.lntmf.com or at Investor Service Centres/ Distributors. Contd.. You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.
L&T Mutual Fund Systematic Investment Plan (SIP) lntmf Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 117 Category: Business & Fin.. License: All Rights Reserved Like it (0) Dislike it (0) Added: January 03, 2012 This Presentation is Public Favorites: 1 Presentation Description Secure your investments by investing wisely and securely in L&T Mutual Funds’ Systematic Investments Plan (SIP). Comments Posting comment... Premium member Presentation Transcript PowerPoint Presentation: L&T Mutual Fund Systematic Investment Plan (SIP) www.LNTMF.comWhat worries the Indian Investor today ?: 2 “I have a financial goal, but I am not sure about how to achieve it” “I make a decent amount of money, but lack the discipline to save anything, thus, even after working for 4 years I have not been able to buy a car” What worries the Indian Investor today ? “The lumpsum investment I made in the last Bull Run has run into losses after the market crashed” “I save a fixed amount from my salary every month, but have no idea how to invest this savings for future growth.”Performance of various asset classes: 3 Short term debt represented by crisil short term index, long term debt represented by crisil composite bond fund index, cash and equivalent represented by crisil liquid fund index,. Source: bloomberg, icra mfie, crisil. For Information purpose. This should not be construed as recommendations from the AMC. Equities have outperformed other asset classes in the long term. Equities have generated positive inflation-adjusted returns over a period of time. Date Range: Apr 2002 - Dec 2011 Performance of various asset classesHowever, timing the market is difficult: 4 Sensex returns (1998-2011) : 10.83% (CAGR) Missing just 10 best days of the market: returns drop to 4.10% (CAGR) Market timing becomes increasingly difficult as volatility rises in the market Trying to predicting the highs and lows of the market may expose the investor to more risk, if he gets the timing wrong. Source: icra mfie. Date range 1998-2011. For Information purpose. This should not be construed as recommendations from the AMC. Date Range: 1998 - 2011 However, timing the market is difficultSIPs to your rescue…: 5 Systematic Investment Plan is a strategy whereby an investor commits to invest a fixed amount in a mutual fund scheme, at pre-specified intervals. SIPs to your rescue… It is a tool which ensures you stay in the market month-on-month Helps in avoiding market timing trap Emotional decision making and panic selling are curbed, as the investment are done in a disciplined mannerAdvantages of SIP: 6 Discipline: Investing at pre-defined intervals Reduces risk: Works well in volatile market conditions Averaging: Allows you to buy more unit when markets are down, buys less units when markets are rising Economical: Results in a lower average cost per unit in most situations Affordability: It is easy on the wallet too, as we don’t have to commit large sums of money at one go Advantages of SIPSIP – Harness the Power of Compounding : 7 In the long term, an investment as low as Rs 1000/- per month can grow into a significant amount Even a small differential in yield may boost the value of investment Source: Internal. For Information purpose. This should not be construed as recommendations from the AMC. The above illustration does not guarantee / assures returns from the schemes of L&T Mutual Fund SIP – Harness the Power of CompoundingSIP – Start Early: 8 The cost of delaying investment decision is high as can be seen from the illustration. An individual who starts at 25 years of age by investing Rs. 1000 per month collects around Rs. 37 Lakh on retirement (at the age of 60 years) On the other hand if the same individual delays his retirement planning by 5 years, his wealth upon retirement (at the age of 60 years) reduces significantly (approx Rs. 15 Lakh) Source: Internal. For Information purpose. This should not be construed as recommendations from the AMC. The above illustration does not guarantee / assures returns from the schemes of L&T Mutual Fund SIP – Start EarlySIP Vs Lumpsum – easy on the wallet : 9 As seen in the previous example, an investor may have to invest Rs 4.2 Lakh (at the age of 25 yrs) in a lumpsum investment to achieve a retirement corpus of 37.96 Lakh at 60 yrs of age Source: Internal. For Information purpose. This should not be construed as recommendations from the AMC. The above illustration does not guarantee / assures returns from the schemes of L&T Mutual Fund SIP Vs Lumpsum – easy on the wallet That effectively means he is paying 420 installments of Rs. 1000/- upfront Even if we assume that an investor has the ability to invest the lumpsum, a staggered approach would still be preferred as it averages out market volatilitySIP – Rupee Cost Averaging: 10 Through systematic investing, you buy more units when the prices are low and fewer units when the prices are high. This results in averaging of cost per unit popularly known as Rupee Cost Averaging . Assume that you have invest Rs. 1000 on a monthly basis for 4 months using a SIP. The tables below show the cost of investment of the same value but done at one-time as compared to the investment done through SIP route. Source: Internal. For Information purpose. This should not be construed as recommendations from the AMC. The above illustration does not guarantee / assures returns from the schemes of L&T Mutual Fund SIP – Rupee Cost AveragingContd..: SIP Investment One-time Investment As illustrated in the example, using SIP averages out the cost per unit, which may result in wealth creation over time. Source: Internal. For Information purpose. This should not be construed as recommendations from the AMC. The above illustration does not guarantee / assures returns from the schemes of L&T Mutual Fund 11 Contd..L&T MF - SIP Performance: 12 L&T MF - SIP PerformanceL&T Growth Fund: 13 Inception date : (17/09/2001) # S&P CNX Nifty ## BSE Sensex ^ Past performance may or may not be sustained in the future Load is not considered for computation of returns Rs 10000 assumed to be invested on the 1st business day of each month. Source: icra mfie. Refer slide no 24 to 29 for performance of other schemes managed by the fund manager Pankaj Gupta L&T Growth Fund (Cumulative Option ) Date NAV Per Unit (Rs.) XIRR Scheme Returns (%) ^ XIRR Benchmark Returns # (%) XIRR Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme^ (Rs) Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011 10.00 14.44 13.17 13.94 26,70,372 24,89,823 25,97,964 December 31, 2010 to December 31, 2011 42.26 -24.27 -26.36 -25.93 Not applicable December 31, 2009 to December 31, 2010 35.27 26.82 26.69 27.23 December 31, 2008 to December 31, 2009 20.11 79.02 74.61 79.44 L&T Growth FundL&T Opportunities Fund : 14 Inception date : (11/12/2003) Returns are calculated from 11/12/2003 when the scheme was repositioned as L&T Opportunities Fund # S&P CNX Nifty ## BSE Sensex ^ Past performance may or may not be sustained in the future Load is not considered for computation of returns Rs 10000 assumed to be invested on the 1st business day of each month. Source: ICRA mfie. Refer slide no 24 to 29 for performance of other schemes managed by the fund manager Pankaj Gupta L&T Opportunities Fund (Cumulative Option ) Date NAV Per Unit (Rs.) XIRR Scheme Returns (%) ^ XIRR Benchmark Returns # (%) XIRR Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme^ (Rs) Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011 11.40 * 9.50 8.40 8.81 14,36,281 13,72,083 13,95,923 December 31, 2010 to December 31, 2011 47.68 -29.79 -26.36 -25.93 Not applicable December 31, 2009 to December 31, 2010 40.96 19.15 26.69 27.23 December 31, 2008 to December 31, 2009 20.80 105.02 74.61 79.44 L&T Opportunities FundL&T Midcap Fund: 15 Rs 10000 assumed to be invested on the 1st business day of each month. Source: ICRA mfie. Refer slide no 18 to 23 for performance of other schemes managed by the fund manager Anant Deep Katare. Date NAV Per Unit (Rs.) XIRR Scheme Returns (%) ^ XIRR Benchmark Returns # (%) XIRR Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme^ (Rs) Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011 10.00 6.98 6.20 7.22 11,58,030 11,24,387 11,68,699 December 31, 2010 to December 31, 2011 43.66 -32.02 -35.9 -25.93 Not applicable December 31, 2009 to December 31, 2010 35.77 21.91 15.5 27.23 December 31, 2008 to December 31, 2009 16.93 133.28 124.52 79.44 Inception date : (09/08/2004) # CNX MidCap ## BSE Sensex ^ Past performance may or may not be sustained in the future Load is not considered for computation of returns L&T Midcap Fund (Cumulative Option) L&T Midcap FundHow to start a SIP with L&TMF: 16 1 st installment in form of a cheque Fill the Application Form and Auto Debit Form Minimum investments : Frequency Minimum Amount Minimum Installments Dates Monthly Rs 1000 per month and in multiples of Re 500 thereafter* 6 5 th , 15 th , 25 th , 30 th (28th for the month of February) Please read Scheme Information Document, KIM, Application Form carefully. *In case of L&T Tax Saver Fund, minimum application amount for each SIP can also be Rs. 500/- for 12 months i.e. 12 cheques of Rs. 500/- each, dated 5th, 15th, 25th or 30th (28th for the month of February) of the month. How to start a SIP with L&TMFSIP is available in the following schemes: Equity Schemes Debt Schemes L&T Growth Fund L&T Monthly Income Plan L&T Midcap Fund L&T Triple Ace Fund L&T Opportunities Fund L&T Select Income Fund – Flexi Debt Fund L&T Tax Saver Fund L&T Gilt Fund L&T Contra Fund L&T MIP - Wealth Builder Fund L&T Hedged Equity Fund L&T Short Term Debt Fund L&T Infrastructure Fund Please read Scheme Information Document, KIM, Application Form carefully. 17 SIP is available in the following schemesFunds Managed by Mr. Anant Deep Katare: Funds Managed by Mr. Anant Deep Katare L&T Midcap Fund L&T Tax Saver Fund L&T Hedged Equity Fund L&T MIP - Wealth Builder Fund (Equity Portion) (Monthly income is not assured and is subject to availability of distributable surplus) L&T Tax Advantage Fund - Series I 18L&T Midcap Fund: L&T Midcap Fund Inception date : (09/08/2004) *Absolute Returns **CAGR Returns # CNX MidCap ## BSE Sensex ^ Past performance may or may not be sustained in the future Since inception returns are computed on Rs. 10 invested at inception. Load is not considered for computation of returns 19 Refer slide no 18 to 23 for performance of other schemes managed by the fund manager Anant Deep Katare. L&T Midcap Fund – Cumulative Option Date NAV Per Unit (Rs.) Scheme Returns (%) ^ Benchmark Returns # (%) Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme (Rs )^ Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011** 10.00 16.45% 15.41% 15.77% 30,840 28,867 29,532 December 31, 2010 to December 31, 2011* 43.66 -29.36% -31.00% -24.64% Not applicable December 31, 2009 to December 31, 2010* 35.77 22.06% 19.16% 17.43% December 31, 2008 to December 31, 2009* 16.93 111.28% 98.97% 81.03%PowerPoint Presentation: L&T Tax Saver Fund 20 Inception date : (18/11/2005) *Absolute Returns **CAGR Returns # S&P CNX Nifty ## BSE Sensex ^ Past performance may or may not be sustained in the future Since inception returns are computed on Rs. 10 invested at inception. Load is not considered for computation of returns Refer slide no 18 to 23 for performance of other schemes managed by the fund manager Anant Deep Katare. L&T Tax Saver Fund – Cumulative Option Date NAV Per Unit (Rs.) Scheme Returns (%) ^ Benchmark Returns # (%) Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme (Rs )^ Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011** 10.05 3.37% 9.73% 9.87% 12,249 17,650 17,792 December 31, 2010 to December 31, 2011* 17.44 -29.42% -24.62% -24.64% Not applicable December 31, 2009 to December 31, 2010* 15.06 15.80% 17.95% 17.43% December 31, 2008 to December 31, 2009* 7.73 94.83% 75.76% 81.03%PowerPoint Presentation: L&T Hedged Equity Fund 21 Inception date : (19/04/2007) *Absolute Returns **CAGR Returns # S&P CNX Nifty ## BSE Sensex ^ Past performance may or may not be sustained in the future Since inception returns are computed on Rs. 10 invested at inception. Load is not considered for computation of returns Refer slide no 18 to 23 for performance of other schemes managed by the fund manager Anant Deep Katare. Date NAV Per Unit (Rs.) Scheme Returns (%) ^ Benchmark Returns # (%) Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme (Rs )^ Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011** 10.00 2.48% 3.14% 2.72% 11,220 11,568 11,347 December 31, 2010 to December 31, 2011* 15.02 -25.30% -24.62% -24.64% Not applicable December 31, 2009 to December 31, 2010* 12.84 16.98% 17.95% 17.43% December 31, 2008 to December 31, 2009* 7.78 65.04% 75.76% 81.03% L&T Hedged Equity Fund – Cumulative OptionPowerPoint Presentation: Since the scheme is in existence for less than one year, past performance shall not be provided pursuant to SEBI circular August 22, 2011 L&T MIP – Wealth Builder Fund 22 Refer slide no 18 to 23 for performance of other schemes managed by the fund manager Anant Deep Katare.PowerPoint Presentation: L&T Tax Advantage Fund - Series I L&T Tax Advantage Fund - Series I (Cumulative Option) 23 Inception date : 27/3/2009 *Absolute Returns # BSE 200 ## BSE Sensex ^ Past performance may or may not be sustained in the future Since inception returns are computed on Rs. 10 invested at inception. Load is not considered for computation of returns Refer slide no 18 to 23 for performance of other schemes managed by the fund manager Anant Deep Katare. Date NAV Per Unit (Rs.) Scheme Returns (%) ^ Benchmark Returns # (%) Additional Benchmark Returns # # (%) December 31, 2010 to December 31, 2011* 22.65 -28.21% -26.95% -24.64% December 31, 2009 to December 31, 2010* 18.67 21.32% 16.22% 17.43%Funds Managed by Mr. Pankaj Gupta: Funds Managed by Mr. Pankaj Gupta L&T Growth Fund L&T Opportunities Fund L&T Contra Fund L&T Infrastructure Fund L&T Monthly Income Plan (Equity Portion) (Monthly income is not assured and is subject to availability of distributable surplus) 24PowerPoint Presentation: 25 L&T Growth Fund Inception date : (17/09/2001) *Absolute Returns **CAGR Returns # S&P CNX Nifty ## BSE Sensex ^ Past performance may or may not be sustained in the future Since inception returns are computed on Rs. 10 invested at inception. Load is not considered for computation of returns. Refer slide no 24 to 29 for performance of other schemes managed by the fund manager Pankaj Gupta Date NAV Per Unit (Rs.) Scheme Returns (%) ^ Benchmark Returns # (%) Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme (Rs )^ Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011** 10.00 20.05% 17.59% 18.55% 65,580 53,016 57,647 December 31, 2010 to December 31, 2011* 42.26 -22.41% -24.62% -24.64% Not applicable December 31, 2009 to December 31, 2010* 35.27 19.48% 17.95% 17.43% December 31, 2008 to December 31, 2009* 20.11 75.88% 75.76% 81.03% L&T Growth Fund – Cumulative OptionPowerPoint Presentation: 26 L&T Opportunities Fund Inception date : (11/12/2003) Returns are calculated from 11/12/2003 when the scheme was repositioned as L&T Opportunities Fund *Absolute Returns **CAGR Returns # S&P CNX Nifty ## BSE Sensex ^ Past performance may or may not be sustained in the future Since inception returns are computed on Rs. 10 invested at inception. Load is not considered for computation of returns. Refer slide no 24 to 29 for performance of other schemes managed by the fund manager Pankaj Gupta Date NAV Per Unit (Rs.) Scheme Returns (%) ^ Benchmark Returns # (%) Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme (Rs) Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011** 11.40 * 14.58% 13.26% 14.20% 29,956 27,276 29,160 December 31, 2010 to December 31, 2011* 47.68 -28.38% -24.62% -24.64% Not applicable December 31, 2009 to December 31, 2010* 40.96 16.41% -3.28% 17.43% December 31, 2008 to December 31, 2009* 20.80 75.53% 66.76% 81.03% L&T Opportunities Fund – Cumulative OptionPowerPoint Presentation: L&T Contra Fund 27 Inception date : (27/02/2006) *Absolute Returns **CAGR Returns # S&P CNX 500 ## BSE Sensex ^ Past performance may or may not be sustained in the future Since inception returns are computed on Rs. 10 invested at inception. Load is not considered for computation of returns. Refer slide no 24 to 29 for performance of other schemes managed by the fund manager Pankaj Gupta Date NAV Per Unit (Rs.) Scheme Returns (%) ^ Benchmark Returns # (%) Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme (Rs )^ Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011** 10.00 -3.12% 5.30% 7.22% 8,310 13,522 15,031 December 31, 2010 to December 31, 2011* 11.32 -26.59% -12.65% -24.64% Not applicable December 31, 2009 to December 31, 2010* 9.79 15.63% 14.13% 17.43% December 31, 2008 to December 31, 2009* 5.80 3.97% 3.69% 81.03% L&T Contra Fund – Cumulative OptionPowerPoint Presentation: L&T Infrastructure Fund 28 Inception date : (27/09/2007) *Absolute Returns **CAGR Returns # S&P CNX Nifty ## BSE Sensex ^ Past performance may or may not be sustained in the future Since inception returns are computed on Rs. 10 invested at inception. Load is not considered for computation of returns. Refer slide no 24 to 29 for performance of other schemes managed by the fund manager Pankaj Gupta Date NAV Per Unit (Rs.) Scheme Returns (%) ^ Benchmark Returns # (%) Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme (Rs )^ Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011** 10.00 -14.45% -1.82% -2.41% 5,140 9,248 9,011 December 31, 2010 to December 31, 2011* 7.96 -35.43% -24.62% -24.64% Not applicable December 31, 2009 to December 31, 2010* 7.49 6.28% 17.95% 17.43% December 31, 2008 to December 31, 2009* 4.47 67.56% 75.76% 81.03% L&T Infrastructure Fund – Cumulative OptionPowerPoint Presentation: L&T Monthly Income Plan 29 Inception date : (31/07/03) *Absolute Returns **CAGR Returns # CRISIL MIP Blended Index ## NA ^ Past performance may or may not be sustained in the future Since inception returns are computed on Rs. 10 invested at inception. Performance of dividend option would be net of Dividend Distribution Tax, as applicable. Load is not considered for computation of returns. Refer slide no 24 to 29 for performance of other schemes managed by the fund manager Pankaj Gupta Date NAV Per Unit (Rs.) Scheme Returns (%) ^ Benchmark Returns # (%) Additional Benchmark Returns # # (%) Current Value of Standard Investment of Rs 10000 in the Scheme (Rs )^ Benchmark #(Rs) Additional Benchmark # # (Rs) Since inception till December 31, 2011** 10.0000 8.57% 7.42% NA 19,993 18,281 NA December 31, 2010 to December 31, 2011* 19.7145 1.41% 1.72% Not applicable December 31, 2009 to December 31, 2010* 18.6753 5.56% 7.00% December 31, 2008 to December 31, 2009* 16.5623 12.76% 12.99% L&T Monthly Income Plan – Cumulative Option. (Monthly Income is not assured and is subject to the availability of distributable surplus)Disclaimers and Risk factors: 30 Disclaimer: The AMC/Mutual Fund is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against a loss in a declining market. Statutory Details: L&T Mutual Fund has been established as a trust under the Indian Trust Act, 1882 by L&T Finance 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 Investment Management Limited as the Investment Manager. Risk Factors: All investments in mutual funds and securities are subject to market risks and the NAV of the Schemes of the Fund may go up or down depending upon the factors and forces affecting the securities market. Investment in mutual fund units involves investment risks such as trading volumes, settlement risk, liquidity risk, default risk including the possible loss of principal. Past performance of the Sponsor/AMC/Mutual Fund does not guarantee future performance of the Schemes/ Plans. The Sponsor is not responsible or liable for any loss resulting from the operation of the Schemes beyond the initial contribution of Rs. 1 lakh made by it towards setting up the Fund. The name of the Schemes/Plans/Mutual Fund do not in any manner indicate either the quality of the Schemes/ Plans or its future prospects and returns; and are only the name of the Schemes/Plans. There can be no assurance that the objectives of the Schemes/Plans/Mutual Fund will be achieved. Schemes specific risk factors: Investment in the Schemes shall be subject to various risks including but not limited to risk associated with: Investment in Equity and Equity related Instruments & Fixed Income Securities such as Performance Risk, Credit Risk, Reinvestment Risk, Interest Rate Risk, Investment in Derivatives, Securitized Debt, etc. For L&T Monthly Income Plan & L&T MIP – Wealth Builder Fund - Monthly Income is not assured and is subject to distributable surplus. Please read the Scheme Information Document and Statement of Additional Information carefully before investing. Investment objective and classification : L&T Opportunities Fund (an Open Ended Growth Fund) : The Scheme will invest mainly to generate long term capital appreciation from a diversified portfolio of equity and equity related securities. The fund will invest in a universe of stocks, which will be identified using fundamental analysis. The fund will invest in a portfolio of both value and growth stocks. The strategy will be to build up diversified portfolio of quality stocks, with medium to long term potential. L&T Hedged Equity Fund (an Open Ended Equity Scheme): To generate long term capital appreciation by investing in equity, equity related and derivative instruments. The fund seeks to minimize risk by use of hedging instruments such as index and stock derivative instruments. The aim is to generate returns with a lower volatility. L&T Midcap Fund (an Open Ended Equity Scheme): To generate capital appreciation by investing primarily in midcap stocks. The scheme will invest primarily in companies whose market capitalization falls between the highest and the lowest constituent of the CNX Midcap Index. L&T Growth Fund (an Open Ended Growth Scheme): To generate long term capital appreciation income through investment in equity and equity related instruments; the secondary objective is to generate some current income and distribute dividend. L&T Tax Saver Fund (an Open Ended Equity Linked Tax Savings Scheme): To provide long term capital appreciation by investing predominantly in equity and equity related instruments and also enabling investors to get income tax rebate as per the prevailing Tax Laws and subject to applicable condition. L&T Contra Fund (an Open Ended Equity Scheme) : To generate capital appreciation by investing in equity and equity related instruments by using a 'contrarian strategy'. Contrarian investing refers to buying into fundamentally sound scripts which have underperformed / not performed to their full potential in their recent past. L&T Infrastructure Fund (an Open Ended Equity Scheme): To generate capital appreciation by investing predominantly in equity and equity related instruments of companies in the infrastructure sector. Disclaimers and Risk factorsContd..: 31 L&T Triple Ace Fund (an Open Ended Pure Income Scheme): To generate regular and stable income for the unit holders of the Scheme. The corpus of the scheme would be invested primarily in debt market securities such as non-convertible debentures, bonds issued by corporates, bank and government, commercial paper, certificate of deposits and other money market instruments. The scheme would invest predominantly insecurities rated by the Credit Rating and Information Services of India Limited (CRISIL), or any other rating agency L&T Monthly Income Plan (Monthly Income is not assured and is subject to the availability of distributable surplus) (an Open Ended Income Scheme with no assured returns): the primary investment objective is to generate monthly income through investments in a range of Debt, Equity and Money Market Instruments. Income will be distributed only if the same is earned by the scheme and there can be no assurance that the objective of the scheme will be realized. L&T MIP – Wealth Builder Fund (Monthly Income is not assured and is subject to the availability of distributable surplus) (An Open Ended Income Scheme): The primary investment objective is to generate monthly income through investments in a range of Debt, Equity and Money Market Instruments. Income will be distributed only if the same is earned by the Scheme and there can be no assurance that the objective of the Scheme will be realized. L&T Gilt Fund (an Open Ended Dedicated Gilt Scheme): To generate returns from a portfolio by investments in government securities. L&T Select Income Fund-Flexi Debt Fund (an Open Ended Income Scheme): The Scheme seeks to generate regular returns and capital appreciation by investing in debt (including securitized debt), government and money market securities. L&T Short Term Debt Fund (an Open Ended Debt Scheme) The investment objective of the Scheme is to generate returns for investors with a short-term investment horizon by investing in fixed income securities of shorter term maturity. Load Structure (including SIP/STP/SWP/DIP) : L&T Midcap Fund, L&T Opportunities Fund, L&T Growth Fund, L&T Contra Fund, L&T Hedged Equity Fund, L&T Infrastructure Fund, L&T Monthly Income Plan, L&T MIP – Wealth Builder Fund and L&T Triple Ace Fund: Entry Load – Nil. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investor’s assessment of various factors including the service rendered by the distributors. Exit Load - 1% if redeemed ≤ 1 year; Nil - if redeemed > 1 year. L&T Tax Saver Fund: Entry Load – Nil. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investor’s assessment of various factors including the service rendered by the distributors. Exit Load - Nil. L&T Gilt Fund: Entry Load – Nil. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investor’s assessment of various factors including the service rendered by the distributors. Exit Load - 0.25% if redeemed ≤1 month. Nil if redeemed>1 month. L&T Select Income Fund - Flexi Debt Fund: Entry Load – Nil. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investor’s assessment of various factors including the service rendered by the distributors. Exit Load - 0.25% if redeemed ≤ 30 days. Nil if redeemed > 30 days. L&T Short Term Debt Fund : Entry Load: Nil. Exit Load: For all investments:0.5% - if redeemed ≤ 6 months; Nil - if redeemed > 6 months. Bonus units and units issued on reinvestment of dividends shall not be subject to exit load. The investor is requested to check the prevailing load structure of the Scheme before investing. Terms of Issue: Units of the Schemes are being offered at NAV based prices, subject to the prevailing. Additionally, units of the Schemes can also be transacted in demat mode (only) on the Mutual Fund Service System (MFSS) of NSE and/ or (StAR MF) of BSE subject to the provisions of the SID/ SAI/ KIM of the Schemes, guidelines laid by the SEBI/ Depositories/ Depository Participant from time to time and restrictions on transfer of units of Equity Linked Savings Schemes of L&T Mutual Fund during the lock-in period. The AMC calculates and publishes NAVs and offers for sale, redemption and switch outs, units of the Schemes on all Business Days, at the Applicable NAV of the Schemes. In case of L&T Tax Saver Fund (An Open Ended Equity Linked Tax Savings Scheme) the units can be redeemed only after expiry of lock-in period of 3 years from the date of allotment. Scheme Information Document, Statement of Additional Information, Key Information Memorandum and Application Forms are available at Mutual Fund Branches / Mutual Fund website at www.lntmf.com or at Investor Service Centres/ Distributors. Contd..