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Friday, January 8, 2016

L&T India Equity and Gold Fund - Invest Online

L&T Dynamic Equity Fund - Invest Online
 
 L&T Mutual Fund has decided to make the following changes in the fundamental attributes of L&T India Equity and Gold Fund with effect from January 30, 2016:
 

Name of the Scheme: The revised name of the scheme will be L&T Dynamic Equity Fund (L&TDEF)

Benchmark: The benchmark will become 50 % - S&P BSE-200 Index and 50 % CRISIL Short Term Bond Fund Index.

Asset Allocation: The Asset Allocation will be changed to 65-80 percent in Equity and Equity related instruments (Net long equity - 20-80 percent & Equity and equity derivatives - 0-60 percent) and 20-35 percent in Debt, Money Market Instruments and Government Securities (including CBLO/reverse repos and securitized debt).

Fund Managers: Mr. S.N. Lahiri and Mr. Praveen Ayathan (investments in equity and equity related instruments) and Mr. Vikram Chopra (investments in debt and debt related instruments).

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