Fund Name: L&T India Prudence (G)
CRISIL Rank: NA
Category: Equity – Hybrid
Expense Ratio: 2.97%
Risk Level: Average
Benchmark: S&P BSE 200
Objective: To seek to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments.
L&T India Prudence (G) has made its inception in the year 2011. Since inception, it has produced annualized returns of 9.53%. It has managed to beat the benchmark index as well as category average comprehensively in the 1 and 3 year returns.
Top 5 holdings of the fund include ICICI bank, TCS, Hero Motocorp, L&T and Shree Cement . The fund invests 70% in equity instruments and rest in debt instruments.