Indian Infrastructure Story &
The L&T Infrastructure Fund
 

Dear Investor,

The infrastructure sector is responsible for propelling India’s overall growth and development and hence enjoys the bandwidth of the government as well as a lot of related corporations, the common objective being to bring in world class infrastructure in the country. The current government has launched several infra related programmes and backed them with budgetary outlays. In the Union Budget 2018-19:

Massive push to the infrastructure sector was made by allocating Rs 5.97 lakh crore (US$ 92.22 billion) for the sector.
Rs 71,000 crore (US$ 10.97 billion) was allocated for national highways
Railways received the highest ever budgetary allocation of Rs 1.48 trillion (US$ 22.86 billion).
Rs 16,000 crore (US$2.47 billion) towards Sahaj Bijli Har Ghar Yojana (Saubhagya) scheme.

These are a few of many data points that indicate the magnitude of importance that infrastructure development holds in the economic prosperity and growth of India. It also substantiates the government’s long term commitment towards infrastructure development in the country.

Value in Investing in Infrastructure Funds

Infrastructure mutual funds are those sector funds which invest in companies that are either directly or indirectly involved in the infrastructure development in India. Companies that are involved in industries like energy, power, metals, banking, telecom etc., are a part of infrastructure segment. Hence a retail investor can also invest in this sector which contributes towards the growth of the economy and in that process the investor stands to earn healthy returns over a longer period of time.

L&T Infrastructure fund endeavours to invest in companies that may potentially gain from the government’s policies on infrastructure growth and economic reforms that directly or indirectly impact such companies.

Salient features of L&T Infrastructure Fund
Pure infrastructure theme based fund, hence invests into companies that fuels and benefits from India’s infrastructure growth.
Diversified portfolio that offers flexibility to the fund manager to invest across markets caps and across industries to tap on the growth potential.
Research driven approach which ensures that the fund invests into well researched stocks and segments within the infrastructure space that have scalable business with robust growth potentials as reasonable valuations.
L&T Infrastructure fund has a track record over a tested period of time and has proven itself to have generated wealth for retail investors who have stayed invested over a period of 3 years and more. It’s suitable for investors who seek to capitalise on the opportunity arising out of the governments increased spending on infrastructure and the growth of companies in the diversified infrastructure space.
Performance of L&T Infrastructure Fund
vs the Benchmarks (as on 29th June 2018)
  CAGR Returns (% Period) Since Inception
 
1 Year 3 Years 5 Years
CAGR
Returns %
PTP
Returns* (INR)
L&T Infrastructure Fund-Regular Plan (G)
6.06 13.77 23.59
4.53 16,110.00
Nifty Infrastructure TRI
-1.04 -0.07 8.19
-2.29 7,794.27
S&P BSE SENSEX TRI^
16.21 9.90 14.36
10.62 29.635.03
Date of Inception: 27th September 2017
Name of Fund Manager: Mr. S.N. Lahiri
Portfolio Positioning (% Sector Allocation)
Sectors Weight in Scheme (%)
Industrials 42.4
Materials 31.4
Telecommunication Services 7.8
Consumer Discretionary 4.3
Real Estate 3.3
Energy 1.7
Utilities 0.8
Information Technology 0
Financials 0
Consumer Staples 0
Health Care 0
For retail investors, infrastructure mutual funds are wealth generation avenues in which they can invest in lumpsum or through the systematic investment plan (SIP) mode. They end up reaping the benefits of the growth in different infrastructure related sectors and also from the professional expertise of the fund manager and the research team. The India growth story is largely fuelled by its infrastructure development and what better way to participate and gain from this fabulous growth engine, than, investing into this segment through infrastructure mutual funds and L&T Infrastructure Fund is a suitably positioned fund in this space which we believe can be a boost in your portfolio.
 
 
 
Disclaimer - This document is for general information only and does not have regard to specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. This document provides general information on performance; financial planning and/or comparisons made are only for illustration purposes. The data/information used/disclosed in this document is only for information purposes and not guaranteeing / indicating any returns. This material provides general information and comparisons made (if any) are only for illustration purposes. Investments in mutual funds and secondary markets inherently involve risks and recipient should consult their legal, tax and financial advisors before investing. Recipient of this document should understand that statements made herein regarding future prospects may not be realized. Recipient should also understand that any reference to the indices/ sectors/ securities/ schemes etc. in the document is only for illustration purpose and should not be considered as recommendation(s) from the author or L&T Investment Management Limited, the asset management company of L&T Mutual Fund or any of its associates. Recipient of this information should understand that statements made herein regarding future prospects may not be realized or achieved. Neither this document nor the units of L&T Mutual Fund have been registered in any jurisdiction except India. The distribution of this document in certain jurisdictions may be restricted or totally prohibited and accordingly, persons who come into possession of this document are required to inform themselves about, and to observe, any such restrictions.
 
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
CL05719
 

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

CL05719