equity kim - april 19_ 2011

8/6/2019 Equity KIM - April 19_ 2011

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Combined Key Information Memorandum and

Combined Application Form for Equity Schemes

Offer of Units at NAV based prices

Equity Schemes

L&T Growth Fund

L&T Midcap Fund

L&T Opportunities Fund

L&T Multi-Cap Fund

L&T Global Advantage Fund

L&T Contra Fund

L&T Tax Saver Fund

L&T Hedged Equity Fund

L&T Infrastructure Fund

L&T Small Cap Fund

This Key Inormation Memorandum (KIM) sets orth the inormation, which a prospective investor ought to know beore investing.

For urther details o the Scheme / Mutual Fund, Due Diligence Certicate by the AMC, Key Personnel, Investors’ Rights & Services,

Risk Factors, Penalties & Pending Litigations, Associate Transactions etc. investors should, beore investment, reer to the Statement o

Additional Inormation available ree o cost at any o the Investor Service Centre or distributors or rom the website www.lntm.com

The Scheme particulars have been prepared in accordance with Securities and Exchange Board o India (Mutual Funds) Regulations,

1996, as amended till date, and led with Securities and Exchange Board o India (SEBI). The units being oered or public subscription

have not been approved or disapproved by SEBI, nor has SEBI certied the accuracy or adequacy o this KIM.

Investors are advised to consult their Legal, Tax, Finance and other Proessional Advisors beore making decision to invest in or redeem

the units in regard to tax / legal issues relating to their investments in the Scheme(s) / Plan(s).

The date o this Key inormation Memorandum is April 19, 2011.

SPONSORL&T Finance LimitedRegistered Ofce: L&T House, Ballard Estate, P.O. Box 278, Mumbai - 400 001

TRUSTEEL&T Mutual Fund Trustee LimitedRegistered Ofce: L&T House, Ballard Estate, P.O. Box 278, Mumbai - 400 001

INVESTMENT MANAGERL&T Investment Management LimitedRegistered Ofce:*‘Dare House’, No. 2, N S C Bose Road, Chennai - 600 001Head Ofce:*309, 3rd Floor, Trade Centre, Bandra Kurla Complex,Bandra (East), Mumbai - 400 051.

*Consequent to the change in controlling interest o the AMC, its registered oce shall be shited rom the State o Tamil Nadu to the State o Maharashtra, upon receipt orequisite approvals. The registered oce shall be shited to L&T House, Ballard Estate, P.O. Box 278, Mumbai – 400 001.

8/6/2019 Equity KIM - April 19_ 2011


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Name o Scheme L&T Growth Fund L&T Midcap Fund

Nature o Scheme An Open Ended Growth Fund An Open Ended Equity Scheme

Investment Objective The Scheme primarily seeks 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. However there is no assurance that the investment

objective o the Scheme will be achieved.

To generate capital appreciation by investing primarily in midcap

stocks. The scheme will invest in companies whose market

capitalization alls between the highest and the lowest constituent o

the CNX Midcap Index.

Asset Allocation Pattern o the

Scheme

Type o Instrument Normal Allocation

(% o Net Assets)

Type o Instrument Normal Allocation

(% o Net Assets)

Equity and Equity related

instruments

80-100 Equity and Equity related instruments 80-100

Debt Securities, Money Market

instruments (including cash / call

money)

0-20 Debt Securities, Securitised Debt,

Money Market instruments (including

cash / call money)

0-20

Risk Profle o the Scheme (Mutual Fund investments are subject to market risks. Please read the Scheme Inormation Document and Statement o

Additional Inormation careully or details on risk actors beore investment). Also, please reer to page 11 or the summarized

Scheme Specifc Risk Factors under “Inormation Common to Schemes”.

Plans and Options Options* Facility

Dividend Payout and Reinvestment**

Cumulative NIL

* I no option is specifed at the time o application, the deaultoption is Cumulative Option.

** I no acility is specifed the deault acility is dividend

re-investment

Options* Facility


Cumulative NIL


** I no acility is specifed the deault acility is dividend

re-investment

Applicable NAV The applicable NAV or purchase or redemption or switching o units will be based on the time o the Business Day on which the application

is accepted. Please reer to “Applicable NAV and Cut o time“ on Page No. 11 or urther details.

Minimum Application/

Repurchase AmountPurchase /Repurchase

Options Minimum Amount/Units

First Purchase Dividend / Cumulative

Rs.5,000 and in multiples o Re.1/- thereater

AdditionalPurchase

Dividend / Cumulative

Rs.1,000 and in multiples o Re.1/- thereater

Repurchase Dividend / Cumulative

Rs.500 or 50 units as the casemay be

Purchase /Repurchase

Options Minimum Amount/Units


Rs. 5,000 and in multiples oRe. 1/- thereater

AdditionalPurchase




Rs. 500 or 50 units as the casemay be

Despatch o Repurchase(Redemption) request Within 10 working days o the receipt o the valid redemption request at the Investor Service Centres / Registrar or at the ofces o the AMC

Benchmark Index S&P CNX Nity

Disclaimer: L&T Growth Fund, which is benchmarked to S&P CNX

Nity is not sponsored, endorsed, sold or promoted by India Services

& Products Limited (IISL). IISL is not responsible or any errors or

omissions or the results obtained rom the use o such index and in

no event shall IISL have any liability to any party or any damages or

whatsoever nature (including lost profts) resulted to such party due

to purchase or sale or otherwise o such product benchmarked to

such index.

CNX Midcap Index

Disclaimer: L&T Midcap Fund, which is benchmarked to CNX Midcap

Index is not sponsored, endorsed, sold or promoted by India Services

& Products Limited (IISL). IISL is not responsible or any errors or

omissions or the results obtained rom the use o such index and in


whatsoever nature (including lost profts) resulted to such party due

to purchase or sale or otherwise o such product benchmarked to

such index.

Dividend Policy Please reer to Page No. 11 or details Please reer to Page No. 11 or details

Name o the Fund Manager Mr. Pankaj Gupta Mr. Anant Deep Katare

Name o the Trustee Company L&T Mutual Fund Trustee Limited L&T Mutual Fund Trustee Limited

Perormance o the Scheme

(As at March 31, 2011)

Returns Data

Compounded AnnualisedReturns

SchemeReturns %

BenchmarkReturns %*

For the Last 1 year 12.63 11.14

For the Last 3 years 5.49 7.21


Since Inception (17/09/2001) 24.40 22.04

*S&P CNX Nity is the Benchmark index or the Scheme.(Calculations based on cumulative NAV)

Year-wise returns or the last 5 fnancial years

160

140

120

100

80

60

40

20

0

-20

-40

-60

12.63 11.40

84.5773.76

-43.52-36.19

14.8123.89

10.95 12.31

2010-11 2009-10 2008-09 2007-08 2006-07

Scheme Returns Benchmark Returns

Past Perormance may or may not be sustained in uture.

Returns Data


SchemeReturns %

BenchmarkReturns %*




Since Inception (09/08/2004) 22.81 22.24

* CNX Midcap Index is the Benchmark index or the Scheme.(Calculations based on cumulative NAV)

Year-wise returns or the last 5 fnancial years160

140

120

100

80

60

40

20

0

-20-40

-60

5.13 4.35

140.94126.12

-46.15 -45.40

17.5228.67

-0.45 1.31

2010-11 2009-10 2008-09 2007-08 2006-07



Expenses o the Scheme Continuous Oer Period Continuous Oer Period

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3

(i) Load Structure Entry Load (including SIP/STP/DIP): NIL

In terms o SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor

eective August 1, 2009. Upront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors’

assessment o various actors including the service rendered by the distributor.

Investment Exit Load (including SIP/STP/SWP/DIP)

For all

investments

1.00% i redeemed <= 1 year

NIL i redeemed > 1 year


For allinvestments

1.00% i redeemed <= 1 year


Pursuant to SEBI circular no. SEBI / IMD / CIR No. 6 /172445/ 2009 dated August 7, 2009 and SEBI / IMD / CIR No. 7 /173650 / 2009 dated

August 17, 2009, the Scheme shall not be permitted to make distinction between unitholders by charging dierential exit loads based on the

amount o subscription and such parity shall be made applicable at the portolio level respectively.

(ii) Actual Expenses or 2010-11 Actual expenses or the scheme were Rs. 41.93 lacs amounting to

2.50% o Average Daily Net Assets or the fnancial year 2010-11

Actual expenses or the scheme were Rs. 109.90 lacs amounting to

2.50% o Average Daily Net Assets or the fnancial year 2010-11

(iii) Recurring Expenses (% o

daily Average Net Assets)Net Assets % o daily Average Net AssetsFirst Rs. 100 crores 2.50Next Rs. 300 crores 2.25Next Rs. 300 crores 2.00Balance 1.75

Net Assets % o daily Average Net AssetsFirst Rs. 100 crores 2.50Next Rs. 300 crores 2.25

Next Rs. 300 crores 2.00Balance 1.75

The AMC would update the current expense ratios on the website within two working days mentioning the eective date o the change.

Tax Treatment or the Investors

(Unitholders)

Investors are advised to reer the details on page no. 12 o this document or reer Statement o Additional Inormation. Investors are also

advised to independently consult their tax advisor.

Daily Net Asset Value (NAV)Publication

Please reer to page 13 under “Inormation Common to Schemes”.

For investor Grievances please

contact


Unitholder’s Inormation Please reer to page 14 under “Inormation Common to Schemes”.

Name o Scheme L&T Opportunities Fund L&T Multi-Cap Fund

Nature o Scheme An Open Ended Growth Fund An Open Ended Equity Scheme

Investment Objective The Scheme will invest mainly to generate long term capital appreciation

rom a diversifed portolio o equity and equity related securities. The

und will invest in a universe o stocks, which will be identifed using

undamental analysis. The und will invest in a portolio o both value

and growth stocks. The strategy will be to build up diversifed portolio

o quality stocks, with medium to long term potential

To provide long term capital appreciation by investing in a well-

diversifed portolio o equity & equity related instruments across all

ranges o market capitalisation.

Asset Allocation Pattern o the

Scheme

Type o Instrument Normal Allocation (% o Net

Assets)

Type o Instrument Normal Allocation (% o Net

Assets)

Equity and Equity related

instruments

80-100 Equity and Equity related

instruments

80-100 o which

• Large Cap Stocks (25-75)

• Midcap Stock (25-75)

• Small Cap Stocks (0-15)

Debt Securities, Money Market

instruments (including cash / call

money)

0-20

Money Market Instruments 0-20

Risk Profle o the Scheme (Mutual Fund investments are subject to market risks. Please read the Scheme Inormation Document and Statement o Additional

Inormation careully or details on risk actors beore investment). Also, please reer to page 11 or the summarized Scheme Specifc

Risk Factors under “Inormation Common to Schemes”.



Cumulative NIL

* I no option is specifed at the time o application, the deault option

is Cumulative Option.

** I no acility is specifed the deault acility is dividend re-investment

Options* Facility


Cumulative NIL

* I no option is specifed at the time o application, the deault

option is Cumulative Option.

** I no acility is specifed the deault acility is dividend re-investmentApplicable NAV The applicable NAV or purchase or redemption or switching o units will be based on the time o the Business Day on which the application is

accepted. Please reer to “Applicable NAV and Cut o time“ on Page No. 11 or urther details.

Minimum Application/Repurchase

AmountPurchase / Repurchase Options Minimum Amount/Units

First Purchase Dividend / Cumulative Rs. 3,000 and in multiples o Re. 1/- thereater

Additional Purchase Dividend / Cumulative Rs. 1,000 and in multiples o Re. 1/- thereater

Repurchase Di vidend / Cumulat ive Rs. 500 or 50 uni ts as the case may be

Purchase / Repurchase Options Minimum Amount /Units

First Purchase Dividend / Cumulative Rs. 5,000 and in multiples o Re. 1/- thereater

Additional Purchase Dividend / Cumulative Rs. 1,000 and in multiples o Re. 1/- thereater

Repurchase Di vidend / Cumulat ive Rs. 500 or 50 uni ts as the case may be

Despatch o Repurchase (Redemption)

request

Within 10 working days o the receipt o the valid redemption request at the Investor Service Centres / Registrar or at the ofces o the AMC


Disclaimer : L&T Opporutnities Fund, which is benchmarked to S&P

CNX Nity is not sponsored, endorsed, sold or promoted by India

Services & Products Limited (IISL). IISL is not responsible or any errors

or omissions or the results obtained rom the use o such index and in


whatsoever nature (including lost profts) resulted to such party due to

purchase or sale or otherwise o such product benchmarked to such

index.

S&P CNX 500

Disclaimer : L&T Multi-cap Fund, which is benchmarked to S&P CNX

500 Index is not sponsored, endorsed, sold or promoted by India

Services & Products Limited (IISL). IISL is not responsible or any errors

or omissions or the results obtained rom the use o such index and in


whatsoever nature (including lost profts) resulted to such party due to

purchase or sale or otherwise o such product benchmarked to such

index.




8/6/2019 Equity KIM - April 19_ 2011


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Perormance o the Scheme(As at March 31, 2011)

Returns Data


Scheme Returns%

Benchmark Returns%*




Since Inception(11/12/2003)**

20.07 18.43

*S&P CNX Nity is the Benchmark index or the Scheme.**The scheme was repostioned as L&T Opportunities Fund on 11thDec. 2003. (Calculations based on cumulative NAV)


160

140

120

100

80

60

40

20

0

-20

-40

-60

3.7111.14

111.32

73.70

-46.97 -36.19

43.87

23.89 21.7312.31

2010-11 2009-10 2008-09 2007-08 2006-07



Returns Data


SchemeReturns %

BenchmarkReturns %*




Since Inception(28/01/2005)

10.52 16.47

*S&P CNX 500 is the Benchmark index or the Scheme. (Calculationsbased on cumulative NAV)

Year-wise returns or the last 5 fnancial years160

140

120

100

80

60

40

20

0

-20

-40

-60

4.16 7.26

87.17 87.95

-44.90 -40.02

0.12 1.64 1.898.07

2010-11 2009-10 2008-09 2007-08 2006-07




(i) Load Structure Entry Load (including SIP/STP/DIP): NILIn terms o SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investoreective August 1, 2009. Upront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors’



For all investments 1.00% i redeemed <= 1 year



For all investments 1.00% i redeemed <= 1 year


Pursuant to SEBI circular no. SEBI / IMD / CIR No. 6 /172445/ 2009 dated August 7, 2009 and SEBI / IMD / CIR No. 7 /173650 / 2009 datedAugust 17, 2009, the Scheme shall not be permitted to make distinction between unitholders by charging dierential exit loads based on theamount o subscription and such parity shall be made applicable at the portolio level respectively.

(ii) Actual Expenses or 2010-11 Actual expenses or the scheme were Rs. 182.33 lacs amounting to2.50% o Average Daily Net Assets or the fnancial year 2010-11

Actual expenses or the scheme were Rs. 46.99 lacs amounting to2.50% o Average Daily Net Assets or the fnancial year 2010-11

(iii) Recurring Expenses (% o dailyAverage Net Assets)

Net Assets % o daily Average Net AssetsFirst Rs. 100 crores 2.50Next Rs. 300 crores 2.25Next Rs. 300 crores 2.00

Balance 1.75

Net Assets % o daily Average Net AssetsFirst Rs. 100 crores 2.50Next Rs. 300 crores 2.25Next Rs. 300 crores 2.00

Balance 1.75The AMC would update the current expense ratios on the website within two working days mentioning the eective date o the change.

Tax Treatment or the Investors(Unitholders)

Investors are advised to reer the details on page no. 12 o this document or reer Statement o Additional Inormation. Investors are alsoadvised to independently consult their tax advisor.



For investor Grievances pleasecontact



Name o Scheme L&T Global Advantage Fund L&T Contra FundNature o Scheme An Open Ended Equity Scheme An Open Ended Equity SchemeInvestment Objective To provide long term capital appreciation and / or income distribution by investing

predominantly in equity / equity related instruments o Indian companies with exportcompetitiveness and Indian companies which have or which are expanding their businessin global markets.

To generate capital appreciation by investing in equity and equity related instruments byusing a ‘contrarian strategy’. Contrarian investing reers to buying into undamentallysound scripts which have underperormed / not perormed to their ull potential in theirrecent past.

Asset Allocation Pattern o theScheme Type o Instrument Normal Allocation (% o Net Assets)Equity and Equity relatedinstruments #

80-100

Debt Money Marketinstruments*

0-20

#including investments in ADR / GDR upto 25% (subject to maximumo US$ 50 million such limits as specifed by SEBI rom time to time),exposure in derivatives upto a maximum o 25% (subject to limit asspecifed by SEBI rom time to time).

*Investment in Securitised debt, i undertaken, would not exceed 20%o the net assets o the Scheme.

A maximum o 40% o net assets may be deployed in securities lendingand the maximum single party exposure may be restricted to 10% o netassets outstanding at any point o time.

Type o Instrument Normal Allocation (% o Net Assets)Equity and Equity relatedinstruments

65-100

Debt, Money Marketinstruments*

0-35

# including investments in ADR / GDR upto 25% (subject to maximumo US$ 50 million as specifed by SEBI), exposure in derivatives upto amaximum o 25% (subject to limit as specifed by SEBI rom time totime). At the time o investment, investments in derivative instrumentsmay be done or hedging and portolio balancing.

*Investment in Securitised debt, i undertaken, would not exceed 30%o the net assets o the Scheme.

A maximum o 40% o net assets may be deployed in securities lendingand the maximum single party exposure may be restricted to 10% onet assets outstanding at any point o time.

Risk Profle o the Scheme (Mutual Fund investments are subject to market risks. Please read the Scheme Inormation Document and Statement o Additional Inormation careully or detailson risk actors beore investment). Also, please reer to page 11 or the summarized Scheme Specic Risk Factors under “Inormation Common to Schemes


Dividend Payout and Reinvestment**Cumulative NIL

* I no option is specifed at the time o application, the deault optionis Cumulative Option.


Options* Facility

Dividend Payout and Reinvestment**Cumulative NIL


** I no acility is specifed the deault acility is dividend re-investmentApplicable NAV The applicable NAV or purchase or redemption or switching o units will be based on the time o the Business Day on which the application is

accepted. Please reer to “Applicable NAV and Cut o time“ on Page No. 11 or urther details.

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Minimum Application/Repurchase Amount Purchase /Repurchase

Options Minimum Amount /Units


Rs. 5,000 and in multiples o Re.1/- thereater

AdditionalPurchase









AdditionalPurchase





Despatch o Repurchase (Redemption) request Within 10 working days o the receipt o the valid redemption request at the Investor Service Centres / Registrar or at the oces o the AMCBenchmark Index S&P CNX 500

Disclaimer : L&T Global Advantage Fund, which is benchmarked toS&P CNX 500 is not sponsored, endorsed, sold or promoted by IndiaServices & Products Limited (IISL). IISL is not responsible or any errorsor omissions or the results obtained rom the use o such index and inno event shall IISL have any liability to any party or any damages orwhatsoever nature (including lost profts) resulted to such party due topurchase or sale or otherwise o such product benchmarked to suchindex.

S&P CNX 500

Disclaimer : L&T Contra Fund, which is benchmarked to S&P CNX500 is not sponsored, endorsed, sold or promoted by India Services &Products Limited (IISL). IISL is not responsible or any errors or omissionsor the results obtained rom the use o such index and in no eventshall IISL have any liability to any party or any damages or whatsoevernature (including lost profts) resulted to such party due to purchase orsale or otherwise o such product benchmarked to such index.

Dividend Policy Please reer to Page No. 11 or details Please reer to Page No. 11 or detailsName o the Fund Manager Mr. Pankaj Gupta Mr. Pankaj GuptaName o the Trustee Company L&T Mutual Fund Trustee Limited L&T Mutual Fund Trustee LimitedPerormance o the Scheme(As at March 31, 2011)

Returns Data


SchemeReturns %

BenchmarkReturns %*

For the Last 1 year -1.78 7.26

For the Last 3 years -7.32 6.54


Since Inception (30/05/2005) -0.14 17.34

*S&P CNX 500 is the Benchmark index or the Scheme. (Calculationsbased on cumulative NAV)


160

140

120

100

80

60

40

20

0

-20

-40

-60

1.78 7.26

60.57

87.95

-49.52 -40.02

-3.93

21.64

-9.99

8.07

2010-11 2009-10 2008-09 2007-08 2006-07



Returns DataCompounded AnnualisedReturns

Scheme Returns%

BenchmarkReturns %*


For the Last 3 years 0.00# 6.54For the Last 5 years 0.00# 9.71

Since Inception (27/02/2006) 0.85 11.48

*S&P CNX 500 is the Benchmark index or the Scheme. (Calculationsbased on cumulative NAV)# No charge in NAV hence returns are Nil.


160

140

120

100

80

60

40

20

0

-20

-40

-60

6.64 7.26

83.33 87.95

-48.75 -40.02

-3.15

21.64

3.26

8.07

2010-11 2009-10 2008-09 2007-08 2006-07


Past Perormance may or may not be sustained in uture.Expenses o the Scheme Continuous Oer Period Continuous Oer Period(i) Load Structure Entry Load (including SIP/STP/DIP): NIL

In terms o SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investoreective August 1, 2009. Upront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors’assessment o various actors including the service rendered by the distributor.


For all investments 1.00% i redeemed <= 1 yearNIL i redeemed > 1 year

Investment Exit Load (including SIP/STP/SWP/DIP)For all investments 1.00% i redeemed <= 1 year


Pursuant to SEBI circular no. SEBI / IMD / CIR No. 6 /172445/ 2009 dated August 7, 2009 and SEBI / IMD / CIR No. 7 /173650 / 2009 datedAugust 17, 2009, the Scheme shall not be permitted to make distinction between unitholders by charging dierential exit loads based on theamount o subscription and such parity shall be made applicable at the portolio level respectively.




Net Assets % o daily Average Net AssetsFirst Rs. 100 crores 2.50

Next Rs. 300 crores 2.25Next Rs. 300 crores 2.00Balance 1.75

Net Assets % o daily Average Net AssetsFirst Rs. 100 crores 2.50

Next Rs. 300 crores 2.25Next Rs. 300 crores 2.00Balance 1.75

The AMC would update the current expense ratios on the website within two working days mentioning the eective date o the change.Tax Treatment or the Investors(Unitholders)







8/6/2019 Equity KIM - April 19_ 2011


8/6/2019 Equity KIM - April 19_ 2011


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(i) Load Structure Entry Load (including SIP/STP/DIP): NILIn terms o SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the

investor eective August 1, 2009. Upront commission shall be paid directly by the investor to the AMFI registered Distributors based on theinvestors’ assessment o various actors including the service rendered by the distributor.

Exit Load (including SIP/STP/SWP/DIP): NILInvestment Exit Load (including SIP/STP/SWP/DIP)For all investments 1.00% i redeemed <= 1 year NIL i redeemed > 1 year

Pursuant to SEBI circular no. SEBI / IMD / CIR No. 6 /172445/ 2009 dated August 7, 2009 and SEBI / IMD / CIR No. 7 /173650 / 2009 dated

August 17, 2009, the Scheme shall not be permitted to make distinction between unitholders by charging dierential exit loads based on theamount o subscription and such parity shall be made applicable at the portolio level respectively.




Net Assets % o daily Average Net AssetsFirst Rs. 100 crores 2.50Next Rs. 300 crores 2.25Next Rs. 300 crores 2.00Balance 1.75

Net Assets % o daily Average Net AssetsFirst Rs. 100 crores 2.50Next Rs. 300 crores 2.25Next Rs. 300 crores 2.00Balance 1.75




DEDUCTION FROM INCOME UNDER SECTION 80CL&T Tax Saver Fund, including the Options contained therein, islaunched as an Equity Linked Tax Saving Scheme under Section 80C(2)(xiii) o Income Tax Act, 1961. Thus, individuals and HUFs will be entitledto deduction rom their Gross Total Income as provided under clause

(xiii) o section 80C(2) o the Income Tax Act, 1961 or subscription toany units not exceeding Rs. 1,00,000/- in a year, depending upon thegross total income o the assessee. The deduction is available only ithe investment is made out o income chargeable to tax.






Name o Scheme L&T Inrastructure Fund L&T Small Cap Fund

Nature o Scheme An Open Ended Equity Scheme An Open Ended Equity Scheme

Investment Objective The scheme seeks to generate capital appreciation by investingpredominantly in equity and equity related instruments o companiesin the inrastructure sector.

To generate long term capital appreciation by investing predominantly inequity and equity related instruments o companies with “small marketcapitalization”.

“Small - cap companies or the purpose o this Fund, are companieswhose market capitalization is in between the highest and lowest market

capitalization o small-cap companies on BSE Small Cap Index at the timeo investment.”

Asset Allocation Pattern o theScheme

Type o Instrument Normal Allocation(% o Net Assets)

Equity and equity related instruments(including equity derivative instruments)

65-100

Debt and Money Market Instruments* 0-35

Type o Instrument Normal Allocation(% o Net Assets)

Equity & equity related instruments o small-capcompanies

65-100

Equity & equity related instruments o any othercompanies

0-35

Debt Securities and money market instruments* 0-35

* Investment in Securitized debt, i undertaken, would not exceed 35%o the net assets o the scheme.

* Investment in Securitized debt, i undertaken, would not exceed 35%o the net assets o the scheme.

Risk Profle o the Scheme (Mutual Fund investments are subject to market risks. Please read the Scheme Inormation Document and Statement o AdditionalInormation careully or details on risk actors beore investment). Also, please reer to page 11 or the summarized Scheme SpecifcRisk Factors under “Inormation Common to Schemes”.



Cumulative NIL



Options* Facility


Cumulative NIL



Applicable NAV The applicable NAV or purchase or redemption or switching o units will be based on the time o the Business Day on which the application isaccepted. Please reer to “Applicable NAV and Cut o time“ on Page No. 11 or urther details.

Minimum Application/Repurchase Amount


O pt io ns Minimum Amount /Units



AdditionalPurchase









AdditionalPurchase





Despatch o Repurchase(Redemption) request Within 10 working days o the receipt o the valid redemption request at the Investor Service Centres / Registrar or at the ofces o the AMC

8/6/2019 Equity KIM - April 19_ 2011


8


Disclaimer : L&T Inrastructure Fund, which is benchmarked to S&PCNX Nity is not sponsored, endorsed, sold or promoted by IndiaServices & Products Limited (IISL). IISL is not responsible or any errorsor omissions or the results obtained rom the use o such index andin no event shall IISL have any liability to any party or any damagesor whatsoever nature (including lost profts) resulted to such partydue to purchase or sale or otherwise o such product benchmarked

to such index.

BSE Small Cap Index




Perormance o the Scheme(As at March 31, 2011)

Returns Data**


Scheme Returns%

BenchmarkReturns %*

For the Last 1 year -7.15 12.14


Since Inception (27/09/2007) -9.41 4.49

*S&P CNX Nity is the Benchmark index or the Scheme.(Calculations based on cumulative NAV)** Units allotted on September 27, 2007. Hence, the returns or5 years is not available.

Year-wise returns or the la st 4 fnancial years

-9.40 -5.32

160

140

120

100

80

60

40

20

0

-20

-40

-60

-7.15

12.14

86.4573.76

-55.19 -36.19

2010-11 2009-10 2008-09


2007-08


Returns Data**


SchemeReturns %

BenchmarkReturns %*

For the Last 1 year -14.88 -3.78


Since Inception (10/01/2008) -19.76 -13.11

* BSE Small Cap Index is the Benchmark index or the scheme. **Units allotted on January 10, 2008. Hence, the returns or 5 years isnot available.


180

160

140

120

100

80

60

40

20

0

-20

-40

-60

-14.88-3.78

114.07

161.73

-59.15 -58.80

2010-11 2009-10 2008-09


2007-08

-33.90 -23.10



(i) Load Structure Entry Load (including SIP/STP/DIP): NILIn terms o SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investoreective August 1, 2009. Upront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors’






Pursuant to SEBI circular no. SEBI / IMD / CIR No. 6 /172445/ 2009 dated August 7, 2009 and SEBI / IMD / CIR No. 7 /173650 / 2009 dated August17, 2009, the Scheme shall not be permitted to make distinction between unitholders by charging dierential exit loads based on the amounto subscription and such parity shall be made applicable at the portolio level respectively.

(ii) ) Actual Expenses or 2010-11 Actual expenses or the scheme were Rs. 91.92 lacs amounting to2.49% o Average Daily Net Assets or the fnancial year 2010-11

Actual expenses or the scheme were Rs. 52.19 lacs amounting to 2.47%o Average Daily Net Assets or the fnancial year 2010-11

(iii) Recurring Expenses (% odaily Average Net Assets)

Net Assets % o daily Average Net Assets

First Rs. 100 crores 2.50Next Rs. 300 crores 2.25Next Rs. 300 crores 2.00Balance 1.75

Net Assets % o daily Average Net Assets

First Rs. 100 crores 2.50Next Rs. 300 crores 2.25Next Rs. 300 crores 2.00Balance 1.75



Investors are advised to reer the details on page no. 12 o this document or reer Statement o Additional Inormation. Investors are also advisedto independently consult their tax advisor.






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COMPARISON BETWEEN EXISTING OPEN ENDED EQUITY SCHEMES

Name o Scheme L&T Growth Fund L&T Opportunities Fund

Investment Objective The Scheme primarily seeks to generate long term capital appreciation income throughinvestments in equity and equity related instruments; the secondary objective is to generatecurrent income and distribute dividend. However, there is no assurance that the investmentobjective o the scheme will be achieved.

The Scheme will invest mainly to generate long term capital appreciation rom adiversifed portolio o equity and equity related securities. The und will invest in auniverse o stocks, which will be identifed using undamental analysis. The und willinvest in a portolio o both value and growth stocks. The strategy will be to build updiversifed portolio o quality stocks, with medium to long term potential.

Dierentiation 1. The Scheme seeks to generate long term capital appreciation through investment in equity andequity related instruments.

1. The Scheme invests mainly to generate long term capital appreciation rom a diversifedportolio o equity and equity related securities. The Scheme invests in a portolio o bothvalue and growth stocks.

2. The Scheme ocuses on investing in large cap companies. 2. As per asset a llocat ion pattern, the Scheme invests at least 80% o its corpus in equity andequity related instruments.

Asset Allocation Instruments Min% - Max% Instruments Min% - Max%

Equity and Equity related instruments 80-100 Equity and equity related instruments 80-100

Debt secur ities & Money Market instruments (including cash and cal l money) 0-20 Debt and Money Market Instruments ( including cash/call money) 0-20

Live olios (as on March 31, 2011) 6603 26238

Assets under Management (in Rs.Lakhs) (as on March 31, 2011)

2045.86 8328.65

Name o Scheme L&T Hedged Equity Fund L&T Midcap Fund

Investment Objective The investment objective o the und is to generate long term capital appreciation by investingin equity, equity related and derivative instruments. The und seeks to minimize risk by use ohedging instruments such as index and stock derivative instruments. The aim is to generatereturns with a lower volatility.

The investment objective o the scheme is to generate capital appreciation by investingprimarily in midcap stocks. The scheme will invest primarily in companies whose marketcapitalization alls between the highest and the lowest constituent o the CNX MidcapIndex.

Dierentiation 1. The Scheme seeks to minimize risk by extensive use o hedging instruments such as index andstock derivative instruments.

1. The Scheme seeks to generate return by investing primarily in midcap stocks as per theinvestment objective and asset allocation.

2. The aim is to generate returns with a lower volatility. Investment in equity derivative instrumentscan be upto 50% o net assets o the Scheme.

2. The scheme will invest primarily in companies whose market capitalization alls between thehighest and the lowest constituent o the CNX Midcap Index.

Asset Allocation Instruments Min% - Max%

Equity and equity related instruments (including equity derivativeinstruments)#

65-100

Debt and Money Market Instruments* 0-35

Instruments Min% - Max%

Equity & Equity related instruments 80-100

Debt Securities, Securitized Debt & Money Market instruments(including cash/call money)

0-20

# Investment in equity derivative instruments would not exceed 50% o the net assets o the scheme.

* Investment in Securitized debt, i undertaken, would not exceed 30% o the net assets o the scheme.

A maximum o 40% o net assets may be deployed in securities lending and the maximum single partyexposure may be restricted to 10% o net assets outstanding at any point o time.



1087.76 5666.36

Name o Scheme L&T Global Advantage Fund L&T Tax Saver Fund

Investment Objective The objective o the Scheme is to provide long term capital appreciation and/or income distributionby investing predominantly in equity/equity related instruments o Indian companies with exportcompetitiveness and Indian companies which have or which are expanding their business in globalmarkets.

The Scheme seeks to provide long term capital appreciation by investing predominantlyin equity and equity related instruments and also enabling investors to get income taxrebate as per the prevailing Tax Laws and subject to applicable conditions.

Dierentiation 1. The Scheme invests predominantly in equity/ equity related instruments o Indian companieswith export competitiveness and Indian companies which have or which are expanding theirbusiness in global markets.

1. The Scheme ollows a multi-cap investment approach i.e., the Scheme invests in a well-diversifed portolio o equity & equity related instruments across all ranges o marketcapitalization.

2. The Scheme (ater obtaining necessary approvals) may invest in ADR/ GDR upto 25%; exposure

in derivatives upto a maximum o 25%.

2. The Scheme enables the investors to get income tax rebate as per the prevailing Tax Laws,subject to lock in period o 3 years rom the date o allotment.


Equity and equity related instruments # 80-100

Debt* and Money market instruments 0-20




# including investments in ADR / GDR upto 25% (subject to maximum o US$ 50 million or such limits

as specifed by SEBI rom time to time), exposure in derivatives upto a maximum o 25% (subject to limit

as specifed by SEBI rom time to time).

*Investment in Securitized debt, i undertaken, would not exceed 20% o the net assets o the scheme.

A maximum o 40% o net assets may be deployed in securities lending and the maximum singleparty exposure may be restricted to 10% o net assets outstanding at any point o time.

Investors are requested to note that investment in ADR/ GDR will be subject to obtaining necessaryregulatory approvals.

* Investment in securitized debt, i undertaken, will not exceed 20% o corpus o the scheme.



482.86 3211.50

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Name o Scheme L&T Multi-Cap Fund L&T Contra Fund

Investment Objective The Scheme seeks to provide long term capital appreciation by investing in a well-diversifedportolio o equity & equity related instruments across all ranges o market capitalization.

The objective o the scheme is to generate capital appreciation by investing in equity andequity related instruments by using a ‘contrarian strategy’. Contrarian investing reers tobuying into undamentally sound scripts which have underperormed / not perormed totheir ull potential in their recent past.

Dierentiation 1. The Scheme invests in a well-diversifed portolio o equity & equity related instruments across allranges o market capitalization.

1. The Scheme invests in equity and equity related instruments by using a ‘contrarianstrategy’. Contrarian investing reers to buying into undamentally sound scripts which have

underperormed / not perormed to their ull potential in their recent past.2. The Scheme may invest upto 30% o its net assets in Securitized debt.


Equity and Equity related instruments:

80%-100%, o which:

• Large Cap Stocks 25-75

• Midcap Stocks 25-75

• Small Cap Stocks 0-15

Money market instruments 0-20




# including investments in ADR / GDR upto 25% (subject to maximum o US$ 50 millionas specifed by SEBI), exposure in derivatives upto a maximum o 25% (subject to limit asspecifed by SEBI rom time to time). At the time o investment, investments in derivative

instruments may be done or hedging and portolio balancing.

* Investment in Securitized debt, i undertaken, would not exceed 30% o the net assetso the scheme.

A maximum o 40% o net assets may be deployed in securities lending and the maximum

single party exposure may be restricted to 10% o net assets outstanding at any point o t ime.



1754.07 896.09

Name o Scheme L&T Small Cap Fund L&T Inrastructure Fund

Investment Objective The scheme seeks to generate long term capital appreciation by investing predominantly in equityand equity related instruments o companies with “small market capitalization”

“Small – cap companies or the purpose o the Fund, are companies whose market capitalization isin between the highest and lowest market capitalization o small-cap companies on BSE Small CapIndex at the time o investment.”.

The Scheme seeks to generate capital appreciation by investing predominantly in equityand equity related instruments o companies in the inrastructure sector.

Dierentiation The Scheme will predominantly invest in equity and equity related instruments o companies with‘small market capitalisation’ (as defned above).

The Scheme will predominantly invest in securities o the companies in the inrastructure sector.


Equi ty and equi ty related instruments o small -cap companies 65% - 100%Equity and equity related instruments o any other companies 0% - 35%

Debt and Money Market Instruments* 0% - 35%


Equity and equity related instruments (including equity derivativeinstruments)

65% - 100%

Debt and Money Market Instruments* 0% - 35%

*Investment in Securitized debt, i undertaken, would not exceed 35% o the net assets o the scheme. *Investment in Securitized debt, i undertaken, would not exceed 35% o the net assets o thescheme



1717.39 3936.80

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INFORMATION COMMON TO SCHEMES (AS APPLICABLE)

REDEMPTIONS

For all the schemes minimum amount or redemptions is either Rs. 500/- or 50 units as the case may be and minimum o Rs. 500/- per application and in multiple o Rs. 500/- in respect o L&T Tax Saver Fund. Theminimum redemptions amounts / units will not be applicable to transactions under Systematic Investment Plan (SIP), Systematic Withdrawal Plan (SWP), Daily Investment Plan (DIP) or Systematic Transer Plan (STP).

APPLICABLE NAV & CUT OFF TIME

Purchases/ Switch-in: • In respect o valid applications received upto 3.00 p.m. on a day with a local cheque or DD payable at par at the place where it is received, the same day’s NAV o receipt o application shall be app licable.

• In respect o valid applications received ater 3.00 p.m. on a day with a local cheque or DD payable at par at the place where it is received, the closing NAV o the next Business Day shall be applicable.

• In respect o valid applications received with an outstation cheque or DD not payable at par at the place where it is received, the closing NAV o the day on which the cheque or DD is credited shall be applicable.

Redemptions/ Switch-out: • In respect o valid applications received upto 3.00 p.m. on a day, the same day’s NAV o receipt o application shall be applicable.

• In respect o valid applications received ater 3.00 p.m. on a day, the closing NAV o the next Business Day shall be applicable.

USAGE OF LOAD ACCOUNT

• Pursuant to SEBI Circular no. CIR/IMD/DF/4/2011 dated March 9, 2011 load balances can be used ormarketing and selling expenses including distributors/ agent commissions.

• One-third o the Load balances as on July 31, 2009 can be used in any nancial year. The unutilizedbalances can be carried orward, provided the total spending, in any nancial year, is not more thanone-third o the Load balances as on July 31, 2009.

• With eect rom August 1, 2009, exit load / CDSC (i any) up to 1% o the redemption value chargedto the Unit holder by the Fund on redemption o units shall be retained by each o the Schemes ina separate account and will be utilized or payment o distributor/ agent commissions and to meetother marketing and selling expenses. Any amount in excess o 1% o the redemption value chargedto the Unit holder as exit load / CDSC shall be credited to the respective Scheme immediately.

Dividend Policy

The Schemes does not guarantee or assure any monthly or quarterly or semi-annual dividend. Thedividend distributions in each Dividend Options o the Schemes/ Plans will be dependent on the returnsachieved through active management o the portolio(s). Monthly / Quarterly / Semi annual distributions othe Schemes may vary rom month to month or quarter to quarter or semi annual to semi annual based onthe investment results o the portolio(s). Investors should note that pursuant to the payment o dividend,the NAV o the Dividend Options o the Schemes will all to the extent o payout and statutory levy, i any.Under dividend option, in case o net dividend entitlement is less than Rs. 250/- the dividend amount willbe reinvested in the Schemes automatically. There is no assurance or guarantee to unitholders as to therate o dividend distribution nor that dividends will be paid regularly.

Eect o Dividends

When dividends are paid, the NAV o the dividend option will stand reduced by the amount o dividendand statutory levy (i applicable) paid. To the extent, the entire net income and realized gains are notdistributed, the same will remain invested in the scheme and will be refected in its NAV.

Despatch o Dividend

Wherever dividend is declared, the dividend warrants shall be despatched to the unitholders within30 days o the declaration o the dividend. However, all eorts will be made to despatch the dividend

warrants earlier. Dividends will be paid by ECS Credit / Cheque / DD, net o taxes as may be applicable.Please note that it is mandatory or Unitholders to mention their bank account number in the applicationorm. To saeguard the interest o unitholders rom loss or thet o cheques, the name o their bank,branch and account number as provided in the application orm will be incorporated in the cheque.

Dividend payable only to frst holder

Dividend will be paid only in avour o the rst named holder o the units. In case o joint holding o unitsby two or more investors, the rst holder shall receive the dividend as and when declared.

Unclaimed Dividend Amount & Redemption Amount

Investors who claim their unclaimed dividend amount within three years rom the due date or payment othe dividend, it will be paid at the then prevailing NAV. Subsequently, it will be paid at the NAV prevailingat the end o three years rom due date or payment o dividend.

Scheme Specifc Risk Factors

(i) Risk Factors Associated with investment in equity and equity related Instruments:

• Equity securities and equity related securities are volatile and prone to price fuctuations ona daily basis. The liquidity o investments made in the Schemes may be restricted by trading

volumes and settlement periods. Settlement periods may be extended signicantly byunoreseen circumstances. The inability o the Scheme to make intended securities purchases,due to settlement problems, could cause the Scheme to miss certain investment opportunities.Similarly, the inability to sell securities held in the Scheme’s portolio would result at times, inpotential losses to the Schemes, should there be a subsequent decline in the value o securitiesheld in the Scheme’s portolio.

• The perormance and the value o the Scheme’s investments may be aected by actorsaecting the securities markets such as price and volume volatility in the capital markets,currency exchange rates, changes in law / policies o the Government, taxation laws andpolitical, economic or other developments which may have an adverse bearing on individualsecurities, a specic sector or all sectors. Consequently, the NAV o the Units may be aected.

• The liquidity and valuation o the Scheme’s investments due to its holdings o unlisted securitiesmay be aected i they have to be sold prior to their target date o divestment.

• The Schemes may invest in securities which are not quoted on a stock exchange (“unlistedsecurities”) which in general are subject to greater price fuctuations, less liquidity and greaterrisk than those which are traded in the open market. Unlisted securities may lack a liquidsecondary market and there can be no assurance that the Schemes will realize its investments

in unlisted securities at a air value.(ii) Risks associated with investing in Debt Instruments and Money Market Instruments:

Investment in Debt is subject to price, credit, reinvestment, liquidity risk and interest rate risk. TheNAV o the Schemes may be aected, inter alia, by changes in the market conditions, interest rates,trading volumes, settlement periods and transer procedures. Investing in Bonds and Fixed Incomesecurities are subject to the risk o an Issuer’s inability to meet principal and interest paymentsobligation (credit risk) and may also be subject to price volatility due to such actors as interestrate sensitivity, market perception o the creditworthiness o the issuer and general market liquidity(market risk).The timing o transactions in debt obligations, which will oten d epend on the timing

o the Purchases and Redemptions in the Schemes, may result in capital appreciation or depreciationbecause the value o debt obligations generally varies inversely with the prevailing interest rates.

• InterestRateRisk: As with all debt securities, changes in interest rates will aect the Scheme’sNet Asset Value as the prices o securities generally increase as interest rates decline and generallydecrease as interest rates rise. Prices o longer-term securities generally fAs with more in responseto interest rate changes than do shorter-term securities. Interest rate movements in the Indian debtmarkets can be volatile leading to the possibility o large price movements up or down in debtand money market securities and thereby to possibly large movements in the NAV. Liquidity orMarketability Risk: This reers to the ease at which a security can be sold at or near its true value. Theprimary measure o liquidity risk is the spread between the bid price and the oer price quoted by adealer. Liquidity risk is characteristic o the Indian wit income market.

• Credit Risk: Credit risk or deault risk reers to the risk which may arise due to deault on the part

o the issuer o the Cr income security (i.e. will be unable to make timely principal and interestpayments on the security). Because o this risk debentures are sold at a yield spread above thoseoered on Treasury securities, which are sovereign obligations and generally considered to be reeo credit risk. Normally, the value o a Cr income security will f Credit depending upon the actualchanges in the perceived level o credit risk as well as the actual event o deault.

• ReinvestmentRisk: This risk reers to the interest rate levels at which cashfows received rom thesecurities in the Scheme or rom maturities in the Schemes are reinvested. The additional incomerom reinvestment is the “interest on interest” component. The risk reers to the all in the rate orreinvestment o interim cashfows.

• LiquidityRisk: Securities, which are not quoted on the stock exchanges, are inherently illiquid innature and carry a larger amount o liquidity risk, in comparison to securities that are listed on theexchanges or oer other exit options to the investor, including a put option. The AMC may chooseto invest in unlisted securities that oer attractive yields. This may increase the risk o the portolio.

• PrepaymentRisk: The risk associated with the early unscheduled return o principal on a xed-income security. The early unscheduled return o principal may result in reinvestment risk.

(iii) Risk associated with investing in Derivatives:

The AMC, on behal o the Schemes may use various derivative products, rom time to time, in anattempt to protect the value o the portolio and enhance Unitholders’ interest. Derivative productsare specialized instruments that require investment techniques and risk analysis dierent rom thoseassociated with stocks and bonds. Derivative products are leveraged instruments and can providedisproportionate gains as well as disproportionate losses to the investor. Execution o such strategiesdepends upon the ability o the und manager to identiy such opportunities. Identication andexecution o the strategies to be pursued by the und manager involve uncertainty and decision ound manager may not always be protable. No assurance can be given that the und manager willbe able to identiy or execute such strategies. The risks associated with the use o derivatives aredierent rom or possibly greater than, the risks associated with investing directly in securities andother traditional investments. As and when the Scheme(s) trades in the derivatives market there arerisk actors and issues concerning the use o derivatives that Investors should understand. Derivativeproducts are specialized instruments that require investment techniques and risk analyses dierentrom those associated with stocks. The use o a derivative requires an understanding not only o theunderlying instrument but o the derivative itsel. Derivatives require the maintenance o adequatecontrols to monitor the transactions entered into, the ability to assess the risk that a derivative addsto the portolio and the ability to orecast price or interest rate movements correctly. There is thepossibility that a loss may be sustained by the portolio as a result o the ailure o another party

(usually reerred to as the “counter party”) to comply with the terms o the derivatives contract.Other risks in using derivatives include the risk o mis-pricing or improper valuation o derivatives andthe inability o derivatives to correlate perectly with underlying assets, rates and indices.

(iv) Risk Associated with Securitized Debt and PTC:

Schemes may invest in domestic securitized debt such as Asset Backed Securities (ABS) or MortgageBacked Securities (MBS). ABS are securitized debts where the underlying assets are receivablesarising rom automobile loans, personal loans, loans against consumer durables, etc. MBS aresecuritized debts where the underlying assets are receivables arising rom loans backed by mortgageo residential / commercial properties. ABS/ MBS instruments refect the undivided interest in theunderlying pool o assets and do not represent the obligation o the issuer o ABS/ MBS or theoriginator o the underlying receivables. The ABS/ MBS holders have a limited recourse to the extento credit enhancement provided. I the delinquencies and credit losses in the underlying pool exceedthe credit enhancement provided, ABS/MBS holders will suer credit losses. ABS/ MBS are alsonormally exposed to a higher level o reinvestment risk as compared to the normal corporate orsovereign debt. Typically, investments in securitized debt carry credit risk (where credit losses in theunderlying pool exceed credit enhancement provided, (i any) and the reinvestment risk (which ishigher as compared to the normal corporate or sovereign debt).

Generally the ollowing asset classes or securitization are available in India:(a) Commercial Vehicles

(b) Auto and Two wheeler pools

(c) Mortgage pools (residential housing loans)

(d) Personal Loan, credit card and other retail loans

(e) Corporate loans/ receivables

() Single Loan PTC

8/6/2019 Equity KIM - April 19_ 2011


12

In terms o specic risks attached to securitization, each asset class would have dierent underlyingrisks, however, residential mortgages are supposed to be having lower deault rates as an asset class.On the other hand, repossession and subsequent recovery o commercial vehicles and other autoassets is airly easier and better compared to mortgages. Some o the asset classes such as personalloans, credit card receivables, etc., being unsecured credits in nature, may witness higher deaultrates. As regards corporate loans/receivables, depending upon the nature o the underlying securityor the loan or the nature o the receivable the risks would correspondingly fuctuate. However, thecredit enhancement stipulated by rating agencies or such asset class pools is typically much higherand hence their overall risks are comparable to other AAA rated asset classes. The rating agencies

have an elaborate system o stipulating margins, over collateralization and guarantee to bring risklimits in line with the other AA rated securities. A single loan PTC is a securitization transaction inwhich a loan given by an originator (Bank/ NBFC/ FI etc.) to a single entity (obligor) is converted intopass through certicates and sold to investors. The transaction involves the assignment o the loanand the underlying receivables by the originator to a trust, which unds the purchase by issuingPTCs to investors at the discounted value o the receivables. The PTCs are rated by a rating agency,which is based on the nancial strength o the obligor alone, as the PTCs have no recourse to theoriginator. The advantage o a single loan PTC is that the rating represents the credit risk o a singleentity (the obligor) and is hence easy to understand and track over the tenure o the PTC. The primaryrisk is that o all securitized instruments, which are not traded as oten in the secondary market andhence carry an illiquidity risk. The structure involves an assignment o the loan by the originator tothe trustee who then has no interest in monitoring the credit quality o the originator. The originatorthat is most oten a bank is in the best position to monitor the credit quality o the originator. Theinvestor then has to rely on an external rating agency to monitor the PTC. Since the AMC relieson the documentation provided by the originator, there is a risk to the extent o the underlyingdocumentation between the seller and underlying borrower.

Investors are requested to note the ollowing additional risks associated with investments in

securitized debt and PTC:• Tenorri sk:While building the planned amortization schedule or a PTC there can be a clause stating

a minimum percentage o receivable by the issue to stick to the initial cash fows. I the receivablesare less than the minimum stated receivables then the tenor o the PTC can get elongated or viceversa.

• Credit ri sk:The PTC holders/ Contributors are taking a direct exposure to the repayment ability othe underlying borrowers. Hence the timely payment on the PTCs/ Contributions will depend on thecredit quality o the pool borrowers. The credit-cum-liquidity enhancement stipulated or the PTCs/ Contributions adequately covers the credit risk.

• Comminglingrisk:This risk arises on account o time lag between pool collections and investorpayouts, during which the Collection Agent continues to hold the pool collections. The risk o loss ocash fows on account o commingling depends on the credit standing o the issuer.

• Prepaymentrisk: Since the PTCs/ Contributions are structured at “par”, prepayment o loans inthe pool will not lead to any loss. The prepaid principal will be passed on in its entirety to the PTCholders. However, prepayments result in higher reinvestment risk to the PTC holders/ Contributorsthan originally envisaged. This risk is borne by the PTC holders/ Contributors.

Investors/Unitholders are requested to reer section on “Guidelines or Investments in

Securitised Debt” mentioned in the Combined Equity Scheme Inormation Document.

(v) Risk associated with investing in Overseas/ Foreign Securities

The Schemes currently do not propose to invest in overseas/ oreign securities. However,subsequently ater obtaining necessary approvals/ consents, to the extent that some part o theassets o the Schemes may be invested in securities denominated in oreign currencies, the IndianRupee equivalent o the net assets, distributions and income may be adversely aected by thechanges in the value o certain oreign currencies relative to the Indian Rupee. The repatriation ocapital also may be hampered by changes in regulations concerning exchange controls or politicalcircumstances as well as the application to it o other restrictions on investment. Since the Schemeswould invest only partially in overseas securities, there may not be readily available and widelyaccepted benchmarks to measure perormance o the Scheme. To manage risks associated withoreign currency, the Fund may use derivatives or ecient portolio management including hedging(and or such other matter as may be permitted by RBI/ SEBI rom time to time) and in accordancewith conditions as may be stipulated by SEBI / RBI rom time to time. Investors are requested to notethat the investment in overseas/ oreign securities (subject to obtaining necessary approvals) shall beas permitted by RBI and/ or SEBI.

(vi) Risk associated with Short Selling and Securities Lending

A mutual und may lend and borrow securities in accordance with the ramework relating to shortselling and securities lending and borrowing specied by the Board. The risk associated with upwardmovement in market price o security sold short may result in loss. The losses on short position maybe unlimited as there is no upper limit on rise in price o a security. Subject to the Regulations andthe applicable guidelines, the Scheme and the Plans thereunder may, i the Trustee permits, engagein stock lending. Stock lending means the lending o stock to another person or entity or a xedperiod o time, at a negotiated compensation. The securities lent will be returned by the borroweron expiry o the stipulated period. It may be noted that Securities Lending activity would havethe inherent probability o collateral value drastically alling in times o strong downward markettrends or due to it being comprised o tainted / orged securities, resulting in inadequate value ocollateral until such time as that diminution in value is replenished by additional security. It is alsopossible that the borrowing party and / or the approved intermediary may suddenly suer severebusiness setback and become unable to honour its commitments. This alongwith a simultaneousall in value o collateral would render potential loss to the Schemes. Besides, there can also betemporary illiquidity o the securities that are lent out and the Schemes may not be able to sellsuch lent out securities. The risks in lending portolio securities, as with other extensions o credit,consist o the ailure o another party, in this case the approved intermediary, to comply with the

terms o agreement entered into between the lender o securities i.e. the Schemes and the approvedintermediary. Such ailure to comply can result in the possible loss o rights in the collateral put upby the borrower o the securities, the inability o the approved intermediary to return the securitiesdeposited by the lender and the possible loss o any corporate benets accruing to the lender romthe securities deposited with the approved intermediary.

(vii) Other Scheme Specifc Risk actors:

1. Returns: Investors o the Schemes o L&T Mutual Fund are not being oered any guaranteed returns.

2. Dividends: The Schemes does not guarantee or assure any monthly or quarterly or semi-annualdividend. The dividend distributions in each Dividend Options o the Schemes/ Plans will be dependenton the returns achieved through active management o the portolio(s). Monthly / Quarterly / Semiannual distributions o the Schemes may vary rom month to month or quarter to quarter or semiannual to semi annual based on the investment results o the portolio(s). Investors should notethat pursuant to the payment o dividend, the NAV o the Dividend Options o the Schemes willall to the extent o payout and statutory levy, i any. Under dividend option, in case o net dividendentitlement is less than Rs. 250/- the dividend amount will be reinvested in the Schemes automatically.

3. Perormance Risk: Scheme’s perormance can decrease or increase, depending on a variety oactors, which may aect the values and income generated by a Scheme’s portolio o securities.The returns o a Scheme’s investments are based on the current yields o the securities, which maybe aected generally by actors aecting capital markets such as price and volume, volatility in thestock markets, interest rates, currency exchange rates, oreign investment, changes in governmentand Reserve Bank o India policy, taxation, political, economic or other developments and closureo the stock exchanges. Investors should understand that the investment pattern indicated or theSchemes, inline with prevailing market conditions, is only a hypothetical example as all investmentsinvolve risk and there can be no assurance that the Scheme’s investment objective will be attainednor will the Schemes be in a position to maintain the model percentage o investment pattern / composition particularly under exceptional circumstances so that the interest o the unitholders areprotected. The AMC will endeavor to invest in highly researched growth companies, however thegrowth associated with equities is generally high as also the erosion in the value o the investments/ portolio in the case o the capital markets passing through a bearish phase is a distinct possibility.A change in the prevailing rates o interest is likely to aect the value o the Scheme’s investmentsand thus the value o the Scheme’s Units. The value o money market instruments held by theSchemes generally will vary inversely with the changes in prevailing interest rates.

4. Basis Risk (Interest Rate Movement): During the lie o foating rate security or a swap the underlying

benchmark index may become less active and may not capture the actual movement in the interestrates or at times the benchmark may cease to exist. These types o events may result in loss o valuein the portolio.

5. Liquidity & Settlement Risk: Investors may note that AMC / Fund Manager’s investment decisionsmay not be always protable. The Schemes proposes to invest substantially in equity and equityrelated instruments. The Schemes will, to a lesser extent, also invest in debt and money marketsecurities. Trading volumes, settlement periods and transer procedures may restrict the liquidityo these investments. Dierent segments o the Indian nancial markets have dierent settlementperiods and such periods may be extended signicantly by unoreseen circumstances. The inabilityo the Schemes to make intended securities purchases due to settlement problems could cause theSchemes to miss certain investment opportunities. By the same rationale, the inability to sell securitiesheld in the Scheme’s portolio due to the absence o a well developed and liquid secondary marketwould result, at decline in the value o securities held in the Scheme’s portolio.

6. Exchange Rate Risk: Companies with high export earnings may generate revenues and makeinvestments in oreign currencies. Changes in exchange rates may have a positive or negative impacton the prospects o such companies.

7. Changes in Government Regulations: The businesses in which companies operate are exposed to

a range o government regulations, related to tax benets, liberalization, provision o inrastructureand the like. Changes in such regulations may aect the prospects o companies.

8. Political Risk: Whereas the Indian market was ormerly restrictive, a process o deregulation hasbeen taking place over recent years. This process has involved the removal o trade barriers and otherprotectionist measures, which could adversely aect the value o investments. It is possible that uturechanges in the Indian political situation, including political, social, or economic instability, diplomaticdevelopments and changes in laws or regulations could have an eect on the value o investments.Expropriation, conscatory taxation, or other relevant developments could also aect the value oinvestment.

9. Market Risk: Securities are subject to price volatility due to actors and orces aecting the stockmarket, changes in interest rates and market liquidity.

10. Interest rate Risk: As interest rates increase or decline, the prices o individual debt securities willincrease or decrease thus aecting the NAV. Interest rate movements in the Indian debt markets canbe volatile leading to large price movements and hence large movements in NAV.

11. Tax exemption risks: In the event that the investible unds o more than 65% o the total proceeds othe Schemes are not invested in equity shares o domestic companies, the tax exemptions on incomedistribution will not be available to the Schemes. This is however subject to change as per Income

Tax laws o India.12. Risk o Rating Migration: It may be noted that the price o a rated security would be impacted with

the change in rating and h ence, there is risk associated with such migration.

Scheme Specifc Risk Factor or L&T Multi-Cap Fund & L&T Tax Saver Fund: Volatility Risk –Investors may note that AMC/Fund Manger’s investment decisions may not be always protable. TheScheme proposes to invest substantially in equity and equity related securities. The Scheme will, to alesser extent, also invest in money market securities. Trading volumes, settlement periods and transerprocedures, generally or equity and equity related securities and in particular Midcap and Small Capstocks, may restrict the liquidity o these investments and experience high volatility.

Following are some o the measures to mitigate risks associated with the Schemes:

i) The overall portolio structuring o the Schemes would aim at controlling risk at moderate level.

ii) Stock/ Instrument specic risk shall be minimised by investing in those companies that have beenthoroughly researched in-house.

iii) Risk would also be managed through broad diversication o the portolios within the rameworko the Schemes investment objectives and policies.

TAXATION – APPLICABLE TO EQU ITY SCHEMES

(As per Finance Act, 2011)

The Income-tax benets described in this document are as available under the present Income-tax Act,

1961 (the Act) as amended by Finance Act, 2011 and are available subject to relevant conditions. The

inormation given is included only or general purpose and is based on advice received by the AMC

regarding the law and practice currently in orce in India and the Investors / Unit holders should be aware

that the relevant scal rules or their interpretation may change. As is the case with any investment, there

can be no guarantee that the tax position or the proposed tax position prevailing at the time o an

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investment in the Scheme will endure indenitely. In view o the individual nature o tax consequences,

each Investor / Unit holder is advised to consult his / her own proessional tax advisor.

I) TAX IMPLICATIONS TO UNITHOLDERS

A) Tax on income in respect o units:

As per the provisions o Section 10(35) o the Act, income other than Capital Gains received in respect o

units o a mutual und specied under Section 10(23D) o the A ct is exempt rom income tax in the hands

o the recipient unit holders.

B) Tax on capital gains:

As per section 2(42A) o the Act, units o the scheme held as capital assets, or a period o not more than

12 months immediately preceding the date o transer, will be treated as short-term capital assets or the

computation o capital gains; in all other cases, they would be treated as long-term capital assets.

Long-term and short-term capital gains arising to unit holders rom the transer o units o the Scheme,

will be taxable at the ollowing rates:

Nature o income Tax rate

Short-term capital gains on transer o units in anequity oriented mutual und, either to the MutualFund or on a recognized stock exchange

Income-tax payable at 15 percent*. Additionally,securities transaction tax is charged by the Mutual undon the said redemption / buy back o the units.

I the security transaction tax is not paid, then theconcessional rate o 15 percent would not be available.

Long-term capital gains on transer o units in anequity oriented mutual und, either to the MutualFund or on a recognized stock exchange

No income-tax payable. However, securities transactiontax is charged by the Mutual und on the said redemption

/ buy back o the units.

I the security transaction tax is not paid, then noexemption would be available.

* In addition to the aoresaid tax, surcharge at the ollowing rates is also payable:

- In case o oreign companies where the income exceeds Rs. 1 crore - at the rate o 2% o the tax

liability and in case o Indian companies where the income exceeds Rs. 1 crore at the rate o 5% o the

tax liability

In all cases, additional surcharge called Education Cess at 2% and Secondary and Higher Education Cess

at 1%, will also be levied on the aggregate o tax and applicable surcharge,

In the case o non resident investors, the above rates would be subject to relie under the applicable

Double Tax Avoidance Agreement / Treaty.

Note: “Equity oriented und” is dened as -

§a SEBI Registered mutual und where the assets are invested in the equity shares o domestic companies

to the extent o more than sixty ve percent o the total proceeds o such und; and

§which has been set up under a scheme o a Mutual Fund specied in section 10 (23D) o the Act

The percentage o equity holding o such und would be calculated as the annual average o the monthlyaverages o the opening and closing gures.

Disallowance o losses:

(i) Sub-section 7 o section 94 o the Act provides that losses, i any, arising rom the sale/transer o units

(including redemption) purchased up to 3 months prior to the record date (or entitlement o dividends)

and sold within 9 months ater such date, will be disallowed to the extent o income distribution (excluding

redemptions) on such units claimed as tax exempt by the unitholder.

(ii) Additionally, sub-section 8 o section 94 o the Act provides that in case o units purchased within a

period o 3 months prior to the record date (or entitlement o bonus) and sold/transerred (including

redeemed) within 9 months ater such date, the loss, i any, arising on transer o original units shall be

ignored or the purpose o computing the income chargeable to tax i all or any o the bonus units are

continued to be held by the unitholder. The loss so ignored shall be treated as cost o acquisition o such

bonus units.

Tax deducted at source:

Income in respect o units:

Since income distributed by mutual unds is not taxable in the hands o the unitholders, there is no

requirement o withholding any tax at source rom such income distributed by mutual unds.

Capital gains:

• No tax is required to be deducted at source rom capital gains arising at the time o repurchase or

redemption o the units or resident investors.

• As per the provisions o Section 195 o the Act, tax is required to be deducted at source rom the

redemption proceeds paid to investors; this withholding is in addition to the securities transaction tax

payable, i any, by the investor.

• No capital gains tax would be withheld rom proceeds paid to NRIs/PIOs rom long-term capital gains

arising out o redemption o units held in an equity oriented mutual und. The rate o withholding tax or

short-term capital gains earned by an NRI/PIO on redemption o units held in an equity oriented mutual

und would be 15 percent (plus education cess and secondary and higher education cess as applicable).

The rate o withholding tax or short-term capital gains earned by a Foreign Company would be 15 percent

(plus surcharge, education cess and secondary and higher education cess as applicable).

•

No tax would be deductible at source rom the capital gains (whether long-term or short-term) arisingto an FII on repurchase/redemption o units in view o the provisions o Section 196D (2) o the Act.

• As per circular no. 728 dated October 1995 by CBDT, in the case o a remittance to a country with

which a Double Taxation Avoidance Agreement (DTAA) is in orce, the tax should be deducted at the

rate provided in the Finance Act o the relevant year or at the rate provided in DTAA whichever is more

benecial to the assessee. However, with eect rom 1st April, 2010, where the unit holder, resident or

non-resident, does not urnish his / its PAN to the mutual und, then tax will be withheld at the rate o 20%

even i the relevant DTAA or the Act provide or a lower rate..

Set-o and carry orward o losses:

The capital loss resulting rom sale o units would be available or set o against other capital gains made

by the investor and would reduce the tax liability o the investor to that extent. However, losses on transer

o long-term capital assets would be allowed to be set-o only against gains rom transer o long-term

capital assets. Losses arising on transer o short-term capital assets would be allowed to be set-o against

any capital gains, whether short-term or long-term. Further, as the long-term gains arising on transer o

units o equity oriented unds are not subject to tax, the long-term capital losses rom such units would

not be allowed to be set o or carry orward. Unabsorbed loss under the head capital gains can be carried

orward and set o against the income under the head Capital Gains in subsequent eight assessmentyears, except that loss arising rom transer o long term capital assets cannot be set-o against gain

arising rom transer o short term capital assets.

Deduction or securities transaction tax paid:

The securities transaction tax paid would be available or deduction as business expenditure to tax payers

whose income rom redemption o units in an equity oriented mutual und is charged to tax as their

business income. Where the income rom redemption o units is treated as capital gains, no deduction shall

be allowed or the securities transaction tax paid.

II) TAX IMPLICATIONS TO MUTUA L FUND

L&T Mutual Fund is registered with SEBI and as such, the entire income o the Fund is exempt rom income

tax under Section 10(23D) o the Act. In view o the provisions o Section 196(iv) o the Act, no income

tax is deductible at source on the income earned by the mutual und.

Income Distribution tax:

As per Section 115R o the Act, Equity oriented unds (where more than 65 percent o total proceeds

o the mutual und are invested in equity shares o domestic companies) are not liable to pay income

distribution tax.

Securities transaction tax:

L&T Mutual Fund is liable to recover/pay a securities transaction tax as ollows:

Taxable securities transactionPayable

byRate

(as a % o valueo the transaction)

Purchase/ Sale o an equity share in a company or a unit o an equityoriented und, wherea) the transaction o such purchase is entered into in a recognized stockexchange; andb) the contract or the purchase o such share or unit is settled by theactual delivery or transer o such share or unit

Purchaser/ Seller

0.125

Sale o an equity share in a company or a unit o an equity orientedunds on non delivery basis

Seller 0.025

Sale o derivatives on recognised stock exchange Seller 0.017

Sale o unit o an equity oriented und to the Mutual Fund Seller 0.25The value o a taxable securities transaction will be as ollows:

•in the case o a taxable securities transaction relating to “option in securities”, the aggregate o the strike

price and the option premium o such “option in securities”;

•in the case o taxable securities transaction relating to “utures”, the price at which such “utures” are

traded; and

•in the case o any other taxable securities transaction, the price at which such securities are purchased

or sold.

“Taxable securities transaction” has been dened as a purchase or sale o an equity share in a company or

a derivative or a unit o an equity oriented und, entered into in a recognized stock exchange; or sale o a

unit o an equity oriented und to the Mutual Fund.

III) GIFT TAX:

The Git-tax Act, 1958, has ceased to apply to gits made on or ater 1st October 1998. Gits o Units,

purchased under the Scheme, would thereore, be exempt rom git-tax. However, with eect rom 1st

October 2009, i any individual or an Hindu Undivided Family receives a git o units o any mutual undwhose market value exceeds Rs. 50,000 and such git is received rom a person other than a relative as

dened in section 56 o the Act, then the value o such git would be considered as the income o the

recipient and would be added to the normal income o such person or income-tax purposes.

IV) WEALTH TAX BENEFITS:

Units o a mutual und are not to be treated as assets as dened under Section 2(ea) o the Wealth-Tax Act,

1957 and hence will not be liable to wealth-tax.

DAILY NET ASSET VALUE (NAV) PUBLICATION

The NAV will be declared at the close o all business days and will be published in two daily newspapers.The AMC shall update the NAVs on the website o the Fund www.lntm.com and o the Association oMutual Funds in India – AM FI (www.amindia.com) by 9.00 p.m. on every Business Day.

FOR INVESTOR GRIEVANCES

Please Contact:Registrar and Transer Agent:

Computer Age Management Services Pvt. Ltd.

Unit: L&T Mutual Fund, 148, Old Mahabalipuram Road, Okkiyam Thuraipakkam, Chennai - 600 097;Tel.: 044 – 24587094, 044 – 30407094.

L&T Mutual Fund

Mr. John Vijayan is the Investor Grievance Ocer and can be contacted at:

L&T Investment Management Limited

309, 3rd foor, Trade Centre, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051Phone: 022 6136 6600 Fax: 022 6136 6603/04Email: [email protected]

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UNIT HOLDER’S INFORMATION

Statements o Account:

For normal transactions (other than SIP/STP/DIP) during ongoing sales and repurchase:

• An account statement specifying the number of units allotted within 5 working days from the date ofreceipt o valid request. However, under normal circumstances, the AMC shall endeavor to despatchthe Account Statement within 3 Business Days rom the date o the receipt o valid request.

• Provided that if an applicant so desires, the AMC shall issue the unit certicates to the applicantwithin ve working days o the receipt o request or the certicate.

• For those unitholders who have provided an e-mail address, the AMC will send the accountstatement by e-mail.

• The unitholder may request for a physical account statement by writing/calling the AMC/ISC/ Registrar & Transer Agent.

For SIP / STP / D IP transactions:

• Account Statement will be despatched once every quarter ending March, June, September andDecember within 10 working days o the end o the respective quarter.

• A soft copy of the Account Statement shall be mailed to the investors to their e-mail address, if somandated.

• However, the rst Account Statement shall be issued within 5 working days of the initial investment/ transer.

Annual Account Statement:

The Mutual Fund shall provide the Account Statement to the Unitholders who have not transacted duringthe last six months prior to the date o generation o account statements. The Account Statement shallrefect the latest closing balance and value o the Units prior to the date o generation o the accountstatement. Alternately, sot copy o the account statements shall be mailed to the investors e-mail address,instead o physical statement, i so mandated.

Annual Report:Scheme wise Annual Report or an abridged summary thereo shall be mailed to all unitholders within ourmonths rom the date o closure o the relevant accounts year i.e. 31st March each year.

Disclosures: Portolio/ Financial Results:

The Mutual Fund shall publish a complete statement (in ormat prescribed by SEBI) o the scheme p ortolioand the unaudited nancial results, within one month rom the close o each hal year by way o anadvertisement at least, in one National English daily and one regional newspaper in the language o theregion where the head oce o the mutual und is located.

Facilities Oered

SYSTEMATIC INVESTMENT PLAN (SIP)

The unitholders under the Schemes can avail the acility o SIP by investing specied amount(s) at regularintervals or a continuous period and thus take advantage o Rupee Cost Averaging. The investment made

under SIP shall be made to purchase the additional units at NAV based prices. SIP acility is available in allthe schemes covered in this KIM.

TERMS OF SIP

Minimum Investment

• At least 6 cheques for an equal amount of Rs. 1000/- or more for all schemes except L&T Tax SaverFund.

• A minimum amount of Rs. 500/- and in multiples Rs. 500/- thereafter for 12 months or Rs. 1,000/-and in multiples Rs. 500/- thereater or 6 months in case o L&T Tax Saver Fund.

Investment Interval

Investors can invest at Monthly interval by submitting post-dated cheques. All cheques should be or thesame amount. Alternatively investors can avail o the Auto Debit Facility or SIP by lling up the AutoDebit orm along with the application orm or contact the CAMS ISC / AMC Oces or more inormation.

Date o Cheques

All SIP cheques (except the rst one) must be uniormly dated 5th, 15th, 25th or 30th (28th or the month oFebruary) o the month or the next Business Day i the chosen date happens to be a non-business day. All

post dated cheques should be uniormly dated (except the rst cheque). Where an investor has opted orthe “Auto Debit Facility”, the initial application alongwith the rst SIP cheque should be handed over tothe respective collection centre at least 21 days beore the rst SIP date.

Maximum Period o Investment

• In case of post-dated cheques - 3 years from the date of investment.

• In case of Auto Debit facility - 25 years from the date of investment

Payment details

• All cheques should be drawn in favour of the Scheme Name e.g. L&T Multi-Cap Fund.

• All cheques should be crossed “Account Payee Only”.

• The cheques must be payable at the centre where the applications are submitted.

Allotment o Units

The post-dated cheques / drats will be presented on the dates mentioned on the cheques and subject totheir realisation; units will be allotted at the applicable NAV.

Note: I any cheque is dated other than any o the dates mentioned above, the cheque will be presented

to the bank only on the immediately ollowing value date, namely, 5th, 15th 25th or 30th (28th or the montho February) o the month and units will be allotted accordingly.

Confrmation Letter

On receipt o the post-dated cheques, conrmation letter will be sent by the Registrar to Unitholdersconrming investor’s inclusion under SIP.

Investor Rights

An investor can discontinue or terminate the SIP acility by giving 14 day(s) prior notice to the Registrar, inwhich case the unencashed cheques / drats will be returned to the investor.

Business Day

I any o the dates mentioned above is not a Business Day, then the immediately ollowing Business Daywill be considered as the date on wh ich cheques will be presented to the bank.

SYSTEMATIC WITHDRAWAL PLAN (SWP)

The unitholders may establish SWP in any o the Schemes covered in this KIM and can withdraw regularmonthly/ quarterly (quarterly SWP requency is available only in L&T Growth Fund, L&T Opportunities Fundand L&T Multi-Cap Fund) amount in case o Fixed Amount Withdrawal Plan or appreciation amount in

case o Capital Appreciation Plan rom their account. However the same is subject to completion o lockin period applicable to L&T Tax Saver Fund.

TERMS OF SWP

Periodicity

5th, 15 th or 25th o each month/ quarter (wherever applicable). I any o the dates mentioned above is nota Business Day, then the immediately ollowing Business Day will be the date on which redemptions willbe considered.

SWP Options

• Fixed amount withdrawal : A minimum xed amount o Rs. 500/- and equal amount thereatercan be withdrawn subject to having minimum account balance as applicable in the scheme at the

time o opting or the plan.• Capital appreciation withdrawal: Capital appreciation can be withdrawn subject to maintenance

o minimum account balance o Rs. 10,000/- in the Scheme/ Plan.

Applicability

SWP is applicable only or Cumulative Option o respective schemes / plans.

Redemption o Units

The amount thus withdrawn by redemption will be converted into Units at Applicable NAV based prices andthe number o Units so arrived at will be subtracted rom the Units balance to the credit o that Unitholder.

Redemption Cheque

Normally, the redemption cheque will be dispatched to the unitholders within 3 Business Days o thevalue date.

Investor Rights

• Unitholder may change the amount indicated in the SWP, subject of the minimum amounts mentionedabove by giving appropriate written notice to the Registrar/ AMC.

• The SWP may be terminated on a written notice by a Unitholder of the Scheme and it will terminateautomatically i all Units are redeemed, liquidated or withdrawn rom the account or upon the Fundsreceipt o notication o death or incapacity o the Unitholder.

Business Day

I any o the dates mentioned above is not a business day, then the immediately ollowing Business Daywill be the date on which redemption will be considered.

Minimum Account Balance

The Fund may close a Unitholder’s account i the balance alls below Rs. 500 and the investor ails to investsucient unds to bring the value o the account up to Rs. 500 within 30 days, ater a written intimationin this regard is sent to the Unitholder.

Termination o SWP

Unitholders may change the amount indicated in the SWP, subject to the minimum amounts mentionedabove by giving appropriate written notice to the Registrar/ AMC. The SWP may be terminate on awritten notice by a Unitholder o the Scheme and it will terminate automatically i all Units are redeemed,liquidated or withdrawn rom the account or upon the Funds receipt o notication o death or incapacityo the Unitholder.

SYSTEMATIC TRANSFER PLAN (STP)

Unitholders may choose to transer investments on periodical basis, (monthly or quarterly) rom oneeligible scheme to another eligible scheme o L&T Mutual Fund.

The list o eligible schemes is as ollows:

From any o the ollowing schemes (TranserorSchemes)

To any o the ollowing schemes(Transeree Schemes)

L&T Liquid Fund

L&T Freedom Income - Short Term Fund

L&T Floating Rate Fund

L&T Select Income Fund- Flexi Debt Fund

L&T Growth FundL&T Global Advantage FundL&T Multi-Cap FundL&T Midcap FundL&T Opportunities FundL&T Contra FundL&T Monthly Income PlanL&T Tax Saver FundL&T Hedged Equity Fund

L&T Inrastructure FundL&T Small Cap Fund

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General inormation & instructions

A. GENERAL INSTRUCTIONS

Please read the Statement o Additional Inormation, Key Inormation Memorandum and the termso the Scheme Inormation Document o the respective scheme(s) careully beore making aninvestment decision and lling up the Application Form. Investors should make themselves awareo the load structure on the date o submitting the Application Form. Investors are deemed to haveaccepted the terms subject to which these oers are being made and bind themselves to the terms

upon signing the Application Form and tendering payment or investment.Manner o flling Application Form

Application must be completed in BLOCK LETTERS in ENGLISH. Please tick in appropriate box orrelevant options wherever applicable. Signatures should be in English or in any Indian language.Thumb impressions must be attested by a Magistrate / Notary Public under his / her ocial seal.

Submission o Application: Duly completed application along with ull payment and supportingdocuments may be remitted at any branches o L&T Investment Management Limited or InvestorService Centres (ISCs)/ CAMS Service Centres (CSCs). The addresses o the branches o L&TInvestment Management Limited ISCs/ CSCs are given at the end o this KIM.

Note: Kindly retain the acknowledgement slip initialed / stamped by the collectingauthority.

B. Applications on behal o Minor:

I. Investors/ Unitholders are requested to take note o the ollowing:

a. The minor shall be the rst and the sole holder in the olio.

b. Guardian in the olio on behal o the minor should either be a natural guardian (i.e. ather

or mother) or a court appointed legal guardian.c. The AMC/ RTA shall obtain photo copy o Birth Certicate or School Leaving Certicate or

Higher Secondary Board marksheet or passport or any other suitable proo o the date o birtho the minor or validating the date o birth and relationship o the Guardian in case o naturalguardian and necessary supporting documentary evidence in case o court appointed legalguardian.

II. On Minor Attaining Majority – Status Change:

a. Prior to minor attaining majority, the AMC/ RTA shall send advance notice to the registeredcorrespondence address o the guardian and the minor to submit a resh application ormalong with service request orm, new bank mandate, signature attestation o the major andKYC acknowledgement o the major.

b. In case the documents pertaining to change in status are not received by the AMC/ RTA, allnancial and non nancial transactions including resh registration o SIP/ STP/ DIP/ SWP cannotbe undertaken by the guardian until all valid documents, mentioned in point (a) above arereceived by the AMC/ RTA. Please note that request date or change in status should be date ominor attaining majority or later.

c. The AMC/ RTA shall send an advance notice to the registered correspondence address advisingthe guardian and the minor that the existing standing instructions will continue to be processedbeyond the date o the minor attaining majority till the time an instruction rom the majorto terminate the standing instruction is received by the AMC/ RTA alongwith documents asmentioned in point (a) above.

d. The standing instruction shall be terminated within 30 days rom the date o receipt oinstruction.

III. Change in Guardian:

The AMC/ RTA shall register change in guardian either due to mutual consent or demise oexisting guardian, subject to submission o valid documents, as mentioned below, includingBank attestation attesting the signature o the new guardian in a bank account o the minorand KYC o the new guardian. The new guardian must be a natural guardian (i.e. atheror mother) or a court appointed legal guardian.

a. Request letter rom the new guardian.

b. No Objection Letter (NoC) or Consent Letter rom existing guardian or Court Order or newguardian, in case the existing guardian is alive.

c. Notarized copy or attested copy o the Death Certicate o the deceased guardian, whereapplicable. The attestation may also be dome by a special executive magistrate, AMC authorisedocial or manager o a scheduled bank.

C. Permanent Account Number (PAN):

As per SEBI Circular dated April 27, 2007, Permanent Account Number (PAN) has been made thesole identication number or all participants transacting in the securities market, irrespective othe amount o transaction, eective July 2, 2007. Transactions by unitholders/ investors who ail tosubmit copy o PAN are liable to be rejected.

Accordingly, it is mandatory or all investors to quote their Permanent Account Number (PAN) andsubmit certied copy o the PAN card issued by the Income Tax Department, irrespective o theamount o investment, while making an application or Purchase o Units. In case o joint holding,PAN details o all holders should be submitted. In case the application is on behal o minor, PANdetails o the Guardian / New Guardian (in cases o change in guardian) must be submitted.Furnishing an incorrect PAN or not urnishing these details could invite a penalty o Rs. 10,000, as perthe extant provisions o the Income Tax Act, 1961.

However, there are certain nature o transactions and type o clients or which PAN is not mandatory,

as mentioned below:• Micro SIPs: SIPs upto Rs. 50,000/- per year per investor;

• Investments from investors residing in the state of Sikkim;

• Investments from Central Government, State Government and the ofcials appointed by theCourts e.g. Ocial liquidator, Court receiver etc. (under the category o Government).

In all the above cases, Investors are requested to submit such documents as mentioned under “NonPAN based KYC applicability” under the Section “Know Your Customer”.

D. KNOW YOUR CUSTOMER (KYC)

As per SEBI guidelines, KYC policy should clearly spell out the client identication procedure in orderto implement the anti money laundering provisions as envisaged under the Anti Money LaunderingAct, 2002. Investors are requested to note that it shall be mandatory to quote the KYC Compliancestatus and attach attested/ certied copy o KYC Acknowledgement or all resh investmenttransactions registered by Individual Investors eective January 1, 2011, irrespective o the amount

o investment. Individual Investors shall include each o the applicants, in case o application in jointname, Power o Attorney (POA) holders where investments are made through a POA, Guardian/ NewGuardian (in cases o change in guardian) where investments are made in the name o a minor andindividual becoming an investor due to an operation o law.

In order to make the data capture and document submission easy and convenient or the investors,Mutual Fund Industry has collectively entrusted this responsibility o collection o documents relatingto identity and address and record keeping to an independent agency presently CDSL VenturesLimited (CVL) that will act as central record keeping agency. As a token o having veried the identityand address and or ecient retrieval o records, CVL will issue an acknowledgement to eachinvestor who submits an application.

• PANBasedCommonStandardKYCthroughCVL:

Investors who wish to complete the KYC requirements have to submit a completed ApplicationForm or KYC along with all the prescribed documents listed in the KYC application Form,at any o the Point o Service (‘POS’). POS are the designated centers appointed by CVL orreceiving application orms, checking the documents and issuing the acknowledgementthereo.

The KYC or investor will be perormed based on the Permanent Account Number (PAN), sosubmission o PAN is mandatory or all the investors. CVL will not issue any new numberinstead PAN will be accepted as the identication number or the investor. The investor willquote their PAN at the time o investment in Mutual Fund Schemes or which the Front Oceo the AMC/ Registrar & Transer Agent will access the CVL database or detailed inormation.

The acknowledgement will be issued by CVL based on the submission o the ollowing proo/ documents : i) photo, ii) proo o identity, iii) proo o address, iv) copy o PAN Card, v)inormation with regard to nancial status and other demographic details and vi) any otherinormation and/or documentation to establish identity o any unitholder.

It should also be noted that investors are required to be registered with CVL ailing to do sothe KYC or the investor will not be complete and the investment or the investor is liable to berejected.

• NonPANbasedKYCappl icabi li ty:

For certain nature o transactions and type o clients, PAN is not mandatory. In such casescommon standard KYC through CVL will not apply. In such cases, the client will have to submitcertain documents as elaborated below and KYC will be handled by the AMC/ Registrar &Transer Agent i.e. Computer Age Management Services Private Limited directly. Such nature o

transactions and type o clients and the documents required or successul completion o KYCis mentioned below:

a. Micro SIPs: Micro schemes such as Micro SIPs upto Rs. 50,000 per year per investor

Documents required:

1. Standard specied identication instruments like Voter ID card, Government/Deense ID card,Card o Reputed employer, Driving License, Passport in lieu o PAN.

2. Proo o address copy. It is claried that where photo identication documents contains theaddress o the investor, a separate proo o address is not required.

3. Supporting documents copy shall be sel attested by the investor / attested by the ARN holdermentioning the ARN number or attested by any competent authority.

However, it is claried that Investors with PAN are required to ollow PAN based common standardKYC through CVL procedure as mentioned above.

b. Investments rom Investors residing in Sikkim

Documents required:

1. Proo o address o Sikkim state and application orm should mention the same address.2. Address proo shall be sel attested by the investor / attested by the ARN holder mentioning the

ARN number or attested by any competent authority.

c. Investments rom Central Government, State Government, and the ofcials appointed bythe courts e.g. Ofcial liquidator, Court receiver etc. (under the category o Government)

Documents required:

1. Proo o identity as documentary evidence in support o the claim or such an exemption.

2. Such proo shall be sel attested by the investor / attested by the ARN holder mentioning theARN number or attested by any competent authority.

For complying with the KYC requirement all the investors could approach POS or CVL or submittingtheir KYC Application Form (KAF) and the mandatory documents o Proo o Identity and Proo oAddress. The list o all documents required to ll up the orm and the detailed process is mentionedabove and can be ound in the KYC application orm. An updated list o POS is available at www.lntm.com and at www.cvlindia.com.

Ater verication o the KYC application orm and accompanying documents, investors will receivea letter certiying their KYC compliance. Investors are requested to visit the Knowledge CentreSection o our website www.lntm.com and also read the KYC section o Statement oAdditional Inormation (SAI) in detail.

Investors are requested to note that KYC would be subject to verication o the veracity o the claimo the investors by collecting sucient documentary evidence. The AMC reserves the right to ask orthe necessary documentation to the satisaction o the Mutual Fund.

The AMC, under powers delegated by the Trustee, shall have absolute discretion to reject anyapplication, prevent urther transactions by a unitholder, i ater due diligence, the investor/

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17

unitholder/ person making the payment on behal o the investor does n ot ulll the requirements othe KYC Policy or the AMC believes that the transaction is suspicious in nature with regard to moneylaundering.

Currently, the AMC is also acting as POS at its ollowing oces as detailed below:

(i) Head oce at 309, 3rd Floor, Trade Centre, Bandra Kurla Complex, Bandra (East), Mumbai -400 051.

(ii) Mumbai (Fort Oce) at 12/22, Bake House, Ground Floor, Maharashtra Chamber o CommerceLane, Next to Rampart Business Centre, Opposite Maharashtra State Co-operative Bank, Fort,

Mumbai – 400 023.

(iii) Mumbai (Deonar Oce) at Spanco House, B.S. Deoshi Marg, Plot No.322, 322/1, Deonar,Mumbai 400 088.

(iv) Bhubaneshwar at Plot No. 428/3818, 2nd Floor, Eastern Block, Jaidev Nagar, Bhubaneshwar -751002

(v) Bangalore at S-411, 2nd Floor, West Minister, No.13, Cunningham Road, Bangalore - 560 052.

(vi) Chennai at Montieth Palace, 4th Floor, 47 Montieth Road, Egmore, Chennai 600 008.

(vii) Cuttack at Manisha Plaza, Plot No-1050, 1st Floor, Link Road, Arundaya Market,Cuttack-753012.

(viii) Durgapur at B-27, Biplabi Rashbihari Basu Sarani, Bidhan Nagar, Sector 2 A, Durgapur - 713212. West Bengal

(ix) Kolkata at Gooptu Court, 7A/1A, Middleton Street, 1st Floor, Kolkata – 700 071.

(x) New Delhi at 9 B, 9th Floor, Hansalya Building, Barakhamba Road, New Delhi - 110 001.

(xi) Patna at 3004, 3rd Floor, Grand Plaza, Fraser Road, Near Dakbunglow Chowraha, Patna - 800

001.(xii) Pune at 1st Floor, 1240-A, Subhadra Bhavan, Apte Road, Deccan, Pune – 411004.

(xiii) Ranchi at 1st Floor, 45 Gari Khana, Near Punjab National Bank, Harmu Road, Ranchi 834 001.

(xiv) Rourkela at Sector - 19, Ambagan, Rourkela – 769005, Orissa.

(xv) Siliguri at C/o Sona Wheels, 3rd Mile, Sevoke Road, Siliguri - 734 008.

(xvi) Varanasi at 2nd Floor, Oce No. 3, Urvashi Complex, Sigra, Varanasi - 221010.

E. Mandatory quoting o Bank Mandate:

It is mandatory or investors/ unitholders to provide their bank details. Applications withoutcomplete bank details are liable to be rejected. The AMC will not be responsible or any lossarising out o raudulent encashment o cheques/ warrants and/ or any delay/ loss in transit.

F. NOMINATION

1. The nomination can be made only by individuals holding units on their own behal singlyor jointly. However, Nomination shall be mandatory or new olios/ accounts openedespecially with sole/ single holding. Investors who do not wish to nominate must sign

separately on the Application Form conrming their non-intention to nominate.Non-individuals including Society, Trust, Body Corporate, Partnership Firm, Karta o HinduUndivided Family, holder o Power o Attorney cannot nominate. I the units are held jointly, all jointholders will sign the nomination orm, irrespective o the mode o holding.

2. Nomination shall be applicable or investments in all the Schemes in the olio or account.

3. A minor can be nominated and in that event, the name and address o the guardian o theminor nominee shall be provided by the unitholder. I no guardian is provided, nomination ominor will be invalid. The guardian should be a person other than the Unitholder. However,nomination shall not be allowed in a olio/ account held on behal o a minor.Nomination can also be in avour o the Central Govt., State Govt; local authority, any persondesignated by virtue o his oce or a religious charitable trust.

4. The Nominee shall not be a trust other than a religious or charitable trust, society, bodycorporate, partnership rm, Karta o Hindu Undivided Family or a Power o Attorney holder. Anon-resident Indian can be a Nominee subject to the exchange controls in orce, rom time totime.

5. Nomination in respect o the units stands rescinded upon the transer o units.

6. The nomination acility extended under the Scheme is subject to existing laws. The AMC shall,subject to production o such evidence which in their opinion is sucient, proceed to eect thepayment/transer to the Nominee(s). Transer o units/payment to the nominee(s) o the sumsshall discharge the Mutual Fund / AMC o all liability towards the estate o the deceased Unitholder and his/her/their successors/legal heirs.

7. Every new nomination shall overwrite the existing nomination in the olio/ account.

8. The cancellation o nomination can be made only by those individuals who hold units on theirown behal singly or jointly and who made the original nomination. All joint holders shouldsign orm or cancellation o nomination, irrespective o the mode o holding. (Please note thati one o the jointholder dies other surviving holder cannot cancel.)

9. On cancellation o the nomination, the nomination shall stand rescinded and the AssetManagement Company shall not be under any ob ligation to transer the units in avour o theNominee.

10. Nomination shall be registered only i the orm is lled in completely.

11. Nomination can be made or maximum o 3 nominees. In case o multiple nominees, the

percentage o allocation/ share in avour o each o the nominees should be indicated againsttheir name and such allocation/ share should be in whole numbers without any decimalsmaking a total o 100 percent. In the event o Unit holders not indicating the percentage oallocation/ share or each o the nominees, the Mutual Fund/ the AMC, by invoking deaultoption shall settle the claim equally amongst all the nominees.

12. The investor(s) by signing this nomination orm is/are deemed to have read and understoodthe provisions o Regulation 29 A o SEBI (Mutual Funds) Regulations, 1996, read with SEBIcircular dated Feb. 16, 2004 and/ or any amendments thereto or any rules/ regulations ramedin pursuance thereo governing the nomination acility and agree/s to be bound by the same.

For multiple nomination orm please contact the nearest AMC/ Registrar oce. The orm can beobtained rom the website www.lntm.com

G. Transmission o Units:

Investors/ Unitholders are requested to reer the table mentioned below or documents requiredunder dierent scenarios o Transmission:

Sr.No

Documents Required

or Transmission

Transmissionto Surviving

JointHolders

Demise oSole/All unit

holders &Nominee/sregistered.

Demise oSole/All unit

holders &Nominee/sNOT

registered.

Demiseo

Kartao anHUF.

Basic Documents

1Letter rom the Nominee/s or theClaimant/s or new Karta addressed tothe AMC/Fund/Registrar.

2Death Certicate o deceased UnitHolder/s / Karta in original or Photocopyduly notarized.

3

KYC o Nominee/s or Claimant/s orSurviving Unit holders or HUF & NewKarta,

Or

KYC o the Guardian (in case onominee/claimant being a minor / o

unsound mind)

4

New Bank Mandate details - dulyattested by Bank Manager - (AnnexureI) or Cheque copy with account numberand holders name printed on thecheque.

Legal Documents

(Indemnity Bonds to be on minimum Rs 20/- stamp paper and duly notarized. KYC acknowledgementaddress should match with the address mentioned in the Indemnity Bond.)

1 Indemnity bond signed by Nominee/s(Annexure II) i the transmission amountexceeds 100,000

2 A Indemnity bond signed by all legal heir/sconrming the claimant/s (Annexure III)

2 B Individual Adavit by the Legal Heir/s

(Annexure IV)

2 C Transmission value Less than Rs1,00,000: Document evidencingrelationship o the claimant/s with thedeceased unitholder/s.

Transmission value Rs. 1,00,000/- ormore: Notarised copy o the ProbatedWill OR Legal Heir / Succession / Claimant certicate by a competentcourt OR Letter o Administration, incase o Inestate Succession.

3 A Indemnity Bond signed by all the co-parceners appointing the new karta(Annexure V)

3 B Notarized copy o Settlement Deed OR

Deed o Partition OR Decree o therelevant competent Court:

(In case o no surviving co-parceners

and the transmission value Rs.1,00,000/- or more, OR where thereis an objection rom any survivingmembers o the HUF)

• Copy o PAN or another proo o identity o nominee(s)/ claimant(s) may not be required i KYCissued by CVL is made available.

• In the event o transmission o units in avour o the minor, various documents like KYC, PAN, Bankdetails, indemnity etc should be o the guardian o the minor.

• The Fund/ AMC/ RTA may seek additional documents, i the amount o transmission isRs. One Lakh and above, on a case to case basis.

H. Transaction through Third Party instruments:

Investors are requested to note that w.e.. November 15, 2010, third party instruments cannot beused or Mutual Fund subscription/ investments in the schemes o L&T Mutual Fund.

Third Party Payment Instruments are dened as:

a) When payment is made through instruments issued rom an account other than that o the

investor, the same is reerred to as Third-Party payment.b) It is claried that in case o payments rom a joint bank account, the rst holder o the mutual

und olio has to be one o the joint holders o the bank account rom which payment is made.

Following are the exceptions to the above:

a) Payments made by Parents/ Grand Parents/ Related Person on behal o minor in considerationo natural love and aection or as git. However, single subscription value shall not exceedabove Rs. 50,000/- (including investments through each regular purchase or single SystematicInvestment Plan (SIP) installment).

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18

b) Payment made by an Employer on behal o Employee under SIPs or lump sum / one-timesubscription through payroll deductions.

c) Custodian making investments on behal o a Foreign Institutional Investor or a Client.

In case o exceptions as mentioned above, investors are required to submit ollowing documentsalongwith the application/ transaction orm, without which subscription or units will be rejected/ not processed/ reunded:

a) KYC Acknowledgment letter (as issued by CDSL Ventures Limited) o the Investor and theperson making the payment i.e., third party;

b) Declaration Form containing the details o the bank account rom which the payment is madeand the relationship with the investor(s). The declaration has to be given by the person makingthe payment i.e., third party. The said orm shall be available at Investor Service Centers o theFund or can be downloaded rom our website www.lntm.com.

Investors are requested to urther note as ollows:

1. Registration o Pay-in bank account: The Investor at the time o his/ her subscription or units mustprovide the details o his/ her Pay-in bank account (i.e. account rom which subscription payment ismade) and his/ her Pay-out bank account (i.e. account into which redemption / dividend proceeds areto be paid). The details on acility or registration o Multiple Bank Accounts are mentioned hereater.

2. Subscription through Pre-unded Instruments like Pay Order / Demand Drat etc: In case osubscription through pre-unded instruments such as Pay Order / Demand Drat / Banker’s Cheque,such pre-unded instruments should be procured by the Investor only against a registered Pay - inaccount. Along with the payment instrument, the Investor is also required to submit one o theollowing proo/ document:

a. a proo o debit to the investor’s bank account in the orm o a bank manager’s certicatewith details o account holder’s Name, bank account number and PAN as per bank records, i

available or

b. a copy o the acknowledgement rom the bank, wherein the instructions to debit carry thebank account details and name o the investor as an account holder are available or

c. a copy o the passbook/bank statement evidencing the debit or issuance o a DD.

3. Subscription through Pre-unded Instruments (Demand Drat, Pay-order etc.) procuredagainst Cash: Subscription through a pre-unded instrument procured against cash shall only beaccepted or investments below Rs. 50,000/- Investor is required to provide a banker’s certicate orissuance o a DD against cash stating the investor’s name, bank account number and PAN as perbank record (i available).

However, Investors are requested to note that such bank account number o the investor is same asthe one o the registered bank account mandate(s) with the Mutual Fund or with the bank detailsmentioned in the application orm.

4. Subscriptions through RTGS, NEFT, ECS, bank transer etc: In such case, Investor is required toprovide a copy which has been provided to the Bank indicating the account number and the debitinstructions.

5. For payment through online mode, AMC may match payer account details with registered Pay-inbank accounts o the Investor.

Investors/ Unitholders are requested to note that Terms and Conditions and orm relatingto “Third Party Payment” is available at nearest Investors Service Centres o the und or canbe downloaded rom our website www.lntm.com.

I. Registering Multiple Bank Accounts:

Pursuant to AMFI Best Practice Circular dated October 22, 2010, AMC is implementing the acility oregistering Multiple Bank Accounts in respect an investor olio with eect rom November 15, 2010.The Mutual Fund oers its investors’ acility to register multiple bank accounts and designate one othe registered bank account as “Deault Bank Account”. Individuals and HUFs can register upto vebank accounts and upto ten bank accounts in other cases including non individuals. Investor maychoose one o the registered bank accounts as deault bank accounts or the credit o redemption / dividend proceeds. The Investor may, however, speciy any other registered bank accounts orcredit o redemption proceeds at the time o requesting or the redemption. Further, Investors arerequested to note that they may change such bank account to any other registered bank accountthrough written instructions to AMC/ Registrar & Transer Agent (RTA). In case o existing Investors,their existing registered bank mandate, and in case o new Investors, their bank account details as

mentioned in the Application Form shall be treated as deault account or bank account, i they havenot specically designated a deault bank account. Where an Investor proposes to delete his/ herexisting deault Pay-out account, he/ she shall compulsorily designate another account as deaultaccount. In case o modication in Bank Mandate, the AMC will require a cooling period o upto10 calendar days rom the receipt o the duly completed application or implementing the revisedmandate/ deault Bank Account. The same shall be communicated to the Investor through suchmeans as may be deemed t by the AMC.

For the purpose o registration o bank account(s), Investor should submit Bank Mandate RegistrationForm together with any one o the ollowing documents:

(i) Cancelled cheque lea in respect o bank account to be registered; or

(ii) Bank Statement / Pass Book page with the Investor’s bank account number, name and address.

The AMC will register the bank account only ater veriying that the sole/ rst joint holder is theholder/ one o the joint holders o the bank account. In case i the copy o do cuments is submitted,Investor shall submit the original to the AMC / Service Center or verication, and the same shall bereturned.

Investors are requested to note that Terms and Conditions and Form to register the Multiple Bank

Accounts is available at nearest Investor Service Centers o the Fund or can be downloaded rom ourwebsite www.lntm.com.

J. Facility to hold units in Demat Form through Stock Exchange Mechanism:

Pursuant to SEBI circular nos. SEBI/IMD/CIR No.11/183204/2009 dated November 13, 2009 andCIR/IMD/DF/17/2010 dated November 9, 2010, the AMC oers an alternate transaction platormor subscription and redemption o units o the ollowing Schemes to Resident Individuals, HUF &Resident Minor (represented by Guardian):

L&T Growth Fund



L&T Midcap Fund

L&T Tax Saver Fund

L&T Inrastructure Fund

Accordingly, units o the abovementioned Schemes can be transacted in demat mode through:

a) registered trading members/ stock brokers o recognised Stock Exchanges ;

b) clearing members o the registered Stock Exchanges;

c) depository participants o registered Deposito ries (to process only redemption request o unitsheld in demat orm) on the Mutual Fund Service System (MFSS) o NSE and/ or Stock exchangeplatorm or Allotment and Repurchase o Mutual unds (StAR MF) o BSE who are registeredwith Association o Mutual Funds o India (AMFI) and are empanelled with the AMC. Suchbrokers/ clearing members/ depository participants shall be considered as “Ocial Point oAcceptance” as per SEBI circular No. SEBI/IMD/CIR No. 11/78450/06 dated October 11, 2006.Only subscription and redemption transaction or the aoresaid Schemes would be accepted inthis mechanism. Switch transactions are currently not available.

Unitholders are requested to note that units can be held only in depository (DP) modeunder this Platorm.

Investors/ Unitholders opting to hold units in demat orm are requested to take noteo terms and conditions relating to same in the Combined Equity Scheme InormationDocument o L&T Mutual Fund available on our website www.lntm.com

K. MODE OF PAYMENTI. Resident Investors

a) Payment must be made by cheque or bank drat on any bank which is situated at and is amember o the Bankers Clearing House located at the place where the application is submitted.Applications can also be made by way o “Direct Deposit Application Facility” i.e. along withaccount to account transer instruction in addition to “Regular Application” i.e. along with alocal cheque / DD. The Fund may introduce other newer methods o application which will benotied as and when introduced.

b) Outstation cheques / drats and Non-MICR cheques will not be accepted and applicationsaccompanied by such cheques / drats will be rejected.

c) All cheques and bank drats must be drawn in avour o the respective scheme name andcrossed “Account Payee only”. A separate cheque or bank drat must accompany eachapplication.

d) Applications located in a place where there is no designated bank branch, may send theirapplication, accompanied by a separate “Account Payee only” demand drat in avour o therespective scheme at the ollowing address:

L & T Investment Management Limited, 309, 3rd Floor, Trade Centre, Bandra Kurla Complex,Bandra (East), Mumbai – 400 051. India. Such investors may recover bank charges or thedemand drat (as may be specied by AMFI / SEBI rom time to time) rom the scheme by wayo deduction rom the amount o investment.

e) All demand drats should be payable at Mumbai.

) In case o applications made by a demand drat, the demand drat charges may be deductedrom the amount to invested. However, SBI DD charges will be treated as standard DD chargesor ascertaining the quantum o DD charges. In case ater applying the DD charges based onstandard SBI DD charges, the amount o investment is below the minimum application amount,the application may be rejected.

g) Any request or reund o demand drat charges will not be entertained.

h) Investors are advised in their own interest to send the applications by registered post only.

II. NRIs / FIIs

Repatriation basis: In case o NRIs and persons o Indian origin residing abroad, payment maybe made by way o Indian Rupee drats purchased abroad and payable at Mumbai or by way

o cheques drawn on Non-Resident (External) (NRE) Accounts payable at par at Mumbai.Payments can also be made by means o rupee drats payable at Mumbai - and purchased outo unds held in NRE Accounts / FCNR Accounts.

All cheques / drats should be made out in avour o the respective scheme / plan name orexample “L&T Growth Fund” and crossed “Account Payee only”. In case Indian Rupee dratsare purchased abroad or rom FCNR / NRE A/c. an account debit certicate rom the Bankissuing the drat conrming the debit shall also be enclosed.

Non-Repatriation basis : In case o NRIs / Persons o Indian Origin applying or Units on anon-repatriation basis, payments may be made by cheques / demand drats drawn out o Non-Resident Ordinary (NRO) accounts payable at the city where the Application Form is accepted.

Redemption by NRIs / FIIs

Units held by an NRI and FIIs (Subject to applicable regulations) may be redeemed by suchinvestor in accordance with the procedure described above and subject to any procedures laiddown by RBI. Such redemption proceeds will be paid by means o a Rupee cheque payable toNRIs / FIIs subject to RBI procedures and approvals, and subject to deduction o tax at source,as applicable.

III. Application under Power o Attorney / Body Corporate / Registered Society Trust /Partnership

In case o an application under Power o Attorney or by a limited company, Body Corporate,registered society, trust, or partnership, etc. the relevant Power o Attorney or the relevantresolution or authority to make the application as the case may be, or duly certied copythereo, along with the memorandum and articles o association / bye-laws must be lodged atthe AMC/ Registrar’s Oce along with the application orm.

The Power o Attorney should necessarily be signed by both the investor and the constituentPower o Attorney.

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L. E-MAIL COMMUNICATION

Account Statements / Newsletters / Annual Reports / Other statutory inormation (as permitted underSEBI (Mutual Funds) Regulations, 1996), as amended rom time to time, will be sent to each Unitholder by e-mail. Investors are requested to provide their e-mail address or the same and this willalso help us resolve queries more promptly. For the Unit holders who have provided e-mail, all thedocuments will be sent by e-mail only and no physical documents will be sent. Any change in thee-mail address should be communicated to the Registrar/ L&T Investment Management Limited. L&TInvestment Management Limited/ Registrars are not responsible or e-mail not reaching the investor

and or all consequences thereo. Should the Unit h older experience any diculty in accessing theelectronically delivered documents, the AMC will arrange or the same through physical mode onreceipt o request or the same. It is deemed that the Unit holder is aware o all security risks oe-mail communication including possible third party interception o the documents and contents othe documents becoming known to third parties. Neither the Mutual Fund nor the Registrar shall beliable at all or any misuse i any, o any data placed on the Internet, by third parties “hacking” orunauthorisedly accessing the server etc.

M. DOCUMENTATION

The application orm must be accompanied by the ollowing original documents or true copiesthereo Certied by Company Secretary / Director / Managing Trustee / Notary Public / Active Partneror authorized persons :

Documents Companies Trusts SocietiesPartnership

FirmsFIIs

Investmentsthrough

ConstitutedAttorney

1Resolution / Authorisationto invest

2List o Authorised Signatorieswith Specimen Signature(s)

3Memorandum & Articles oAssociation

4 Trust Deed

5 Bye-Laws

6 Partnership Deed

7 Overseas Auditor’s Certicate

8 Notarised Power o Attorney

9 PAN

10 KYC

Rejection o Application

Applications not complete in any respect are liable to be rejected. The investors should speciy in theapplication whether they are investing under dividend (regular) option or cumulative option. Please notethat i no option is specied, then the amount will be treated as invested in cumulative option. Investors/ Unitholders are requested to reer the Deault Option/ Facility mentioned in Ready Reckoner or EquitySchemes on page 20 o this document.

N. Transactions through Distributors and compliance with the SEBI circulars

a. Anti Money LaunderingIn terms o SEBI circular dated December 11, 2009 and AMFI circular dated January 28, 2010,February 24, 2010, and December 22, 2010 the AMC/ Registrar & Transer Agent (CAMS)is responsible or maintaining all the documentation pertaining to the unitholders/ investorincluding Know your Client, Power o Attorney (PoA) in respect o transactions/ requests madethrough Distributors.

The AMC reserves the right to reject the transactions i all documentations pertaining tothe transaction made through Distributors are not made available including withholding thebrokerage/ commission to comply with the above circulars.

The AMC will adhere to the requirements o the SEBI circular dated December 11, 2009 andAMFI circular dated January 28, 2010, February 24, 2010 and December 22, 2010 and suchguidelines / procedures as may be issued by SEBI/ AMFI/ any other regulatory authority in thisregard rom time to time.

b. Distribution Agreements/ Arrangements that restrict/ constrain unit holders’ rights

Investors are requested to note that SEBI vide its circular dated June 2, 2010 had directed FundHouses to amend the Distribution agreement which restricts the rights o the unit holders to

approach the AMCs directly and also provides or mandatory power o attorney to be givenin avour o the Distributor by unit holders. Accordingly, an addendum to the existing OnlineDistribution has been passed by the AMC to ensure that unitholders have unettered andunrestricted access to Mutual Fund/ AMC.

O. DISCLOSURE

The Fund will disclose details o the investors A/c and all his / her / its transactions to the intermediarieswhose stamp appears on the application orm. In addition, the und shall disclose details as necessaryto the investor’s bankers or the purpose o eecting payments to the investors.

IPO Disclaimer:L&T Finance Holdings Limited (indirect Holding Company o L&T Investment Management Limited) is proposing, subject to market conditions and other considerations, to make a public issue o securities and hasled a Drat Red Herring Prospectus (DRHP) with the Securities and Exchange Board o India (SEBI). The DRHP is available on the website o SEBI at www.sebi. gov.in and the respective websites o the Book RunningLead Managers at www.jmnancial.in, http://www.online.citibank. co.in/rhtm/citigroupglobalscreen1.htm, http://www.hsbc.co.in/1/2/corporate/equities-global-investment-banking, http://www. barclayswealth.com/ india-oerdocuments.htm, http://www.credit-suisse.com/in/ipo/ and www.equirus.com. Investors should note that investment in equity shares involves a high degree o risk and or details relating to the same, see‘Risk Factors’ in the aorementioned DRHP.

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Scheme Plan Option Minimum Application Amount Deault Option / Facility

L&T Growth Fund Regular Dividend Payout, Dividend

Reinvestment and Cumulative

First Purchase

Additional Purchase

Rs. 5,000 and in multiples o Re. 1 thereater


Cumulative /

Dividend Reinvestment

L&T Midcap Fund Regular Dividend Payout, Dividend


First Purchase

Additional Purchase



Cumulative /


L&T Opportunities Fund Regular Dividend Payout, Dividend


First Purchase

Additional Purchase



Cumulative /


L&T Multi-Cap Fund Regular Dividend Payout, Dividend


First Purchase

Additional Purchase



Cumulative /


L&T Global Advantage Fund Regular Dividend Payout, Dividend


First Purchase

Additional Purchase



Cumulative /


L&T Contra Fund Regular Dividend Payout, Dividend


First Purchase

Additional Purchase



Cumulative /


L&T Tax Saver Fund Regular Dividend Payout, Dividend


First Purchase

Additional Purchase

Rs. 500 and in multiples o Rs. 500

Rs. 500 and in multiples o Rs. 500

Cumulative /


L&T Hedged Equity Fund Regular Dividend Payout, DividendReinvestment and Cumulative

First PurchaseAdditional Purchase

Rs. 5,000 and in multiples o Re. 1 thereaterRs. 1,000 and in multiples o Re. 1 thereater

Cumulative / Dividend Reinvestment

L&T Small Cap Fund Regular Dividend Payout, Dividend


First Purchase

Additional Purchase



Cumulative /


L&T Inrastructure Fund Regular Dividend Payout, Dividend


First Purchase

Additional Purchase



Cumulative /


Ready reckoner or Equity schemes

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Please read instructions before filling the Form

APPLICANT’S PERSONAL DETAILS (Please fll in block letters. Use one box or one alphabet leaving one box blank between two words)

First/Sole Applicant Gender (Please ) Male Female Date of Birth D D M M Y Y Y Y

Name Mr. Ms. M/s.

pan* Enclosed copy of (Please ) PAN Proof KYC Compliance Proof*

2

Guardian/change in Guardian (please refer instruction B) (applicable if Sole/First applicant is a Minor) Contact Person (in case of Non-individualInvestors only)(Please) Mother Father Court appointed Legal Guardian

Gender (Please ) Male Female

Name Mr. Ms. M/s.

Date of Birth D D M M Y Y Y Y Guardian’s PAN* Enclosed copy of (Please ) PAN Proof Guardian’s KYC Compliance Proof*

Document of Minor submitted (please

) Birth Certificate School Leaving Certificate HSC Marksheet Passport Others ______ (please specify)Letter of Authority (LOA) (Mandatory in case of Court Appointed Legal Guardian)

Nationality Country o Residence

Address or Correspondence [P.O. Box Address is not sufficient]

City State Pin Code

Contact Details

Phone O Extn. Fax

Phone R Mobile I/We wish to receive updates via SMS on my mobile (Please )

e-mail^

^Investors providing e-mail ID would mandatorily receive only E-statement of accounts in lieu of physical statement of accounts.

Overseas Address (Mandatory in case of NRI / FII applicant in addition to mailing address)

City

State Country Zip Code

Status (Please ) Individual Partnership Company Society / Club HUF NRI / FII Trust Minor Body Corporate Others _____________________

Occupation o Sole / First Applicant (Please) Private Sector Service Public Sector / Government Service Business Professional Agriculturist Retired Housewife Student Forex Dealer Others (Please specify) ________________________________________

Second Applicant (N.A. if the first Applicant is a minor) Gender (Please) Male Female Date of Birth D D M M Y Y Y Y

Name Mr. Ms. M/s.

PAN* Enclosed copy of (Please ) PAN Proof KYC Compliance Proof*

Mode o Holding (Please) Single OR Joint OR Anyone OR Survivor

PoA Holder Details (If the investment is being made by a Constituted Attorney please furnish the details of PoA Holder) Gender (Please ) Male Female

Name Mr. Ms. M/s.

PAN* Enclosed copy of (Please ) PAN Proof KYC Compliance Proof** PAN and KYC Proo is mandatory or all Applicants, irrespective o the amount o investment. Please attach a copy o PAN Card and KYC. (Please reer instructions C & D)

BANK ACCOUNT DETAILS (MANDATORY as per SEBI Guidelines) (Please reer instructions E & H)

A/c. No. Account Type (Please ) Current Savings NRE FCNR NRO

Bank Name

Branch Address

City

MICR Code (9- digit number next to your Cheque No.) IFS CodeAccount to Account transer acility or redemptions available (Please any one) Please enclose copy o your cheque lea.

HDFC Bank ICICI Bank Kotak Mahindra Bank Axis Bank RTGS/NEFT (IFS Code is Mandatory)

3

Third Applicant (N.A. if the first Applicant is a minor) Gender (Please) Male Female Date of Birth D D M M Y Y Y Y

Name Mr. Ms. M/s.


DISTRIBUTOR INFORMATION(Only empanelled Distributors/Brokers will be permitted to distribute Units)

Distributor/Broker ARN

ARN-Sub-Broker Code

Upfront commission shall be paid directly by the investor to the AMFI registered Distributors basedon the investors’ assessment of various factors including the service rendered by the distributor.

FOR OFFICE USE ONLY

Application No.:

EXISTING UNITHOLDER INFORMATIONFolioNo.

Name o Sole/First UnitHolder

1

ACKNOWLEDGEMENT SLIP (To be flled by the Applicant)

Signature, Stamp & Date

Received from Mr./Ms./M/s________________________________________________________________________________________________

an application for Units of Scheme _________________________________________________________________________________________

Option (Please ) Cumulative** Dividend Dividend Facility (Please) Reinvestment** Payout

Lump Sum investment alongwith Cheque / DD No. _______________________________________________ Dated ____________________

Drawn on (Bank) _____________________________________________________________________Amount (Rs.) _________________________

SIP investment Total Cheque SIP Auto Debit Facility Amount per instalment (Rs.) ______ Total Amount (Rs.) _________

Please Note : All purchases are subject to realisation of cheques / demand drafts. **Default option/facility.

Application No.:

COMBINED APPLICATION FORM FOR EQUITY SCHEMES

8/6/2019 Equity KIM - April 19_ 2011


INVESTMENT AND PAYMENT DETAILS (Please see the Ready Reckoner table on page No.20)

Scheme Name

Option (Please) Cumulative* Dividend Dividend Facility (Please ) Reinvestment* Payout (* Deault Option / Facility)

4

4A. LUMP SUM INVESTMENT

InvestmentAmount (Rs.) DD Charges (Rs.) Net Amount (Cheque/

DD amount) (Rs.)

Amount in Words

Mode oPayment Cheque/DD/Fund Transer / ___________________ Cheque/

DD* No. Dated

Drawn on Bank

Branch

City

A/C. No. Account Type (Please ) Current Savings NRE FCNR NRO

The details o the bank Account provided above pertain to my /our own bank account in may/our name Yes No. I No, the bank account holder is Spouse# Parents Grand Parents

Guardian Employer Custodian # applicable only i subscription or units o the scheme is remitted through joint bank accounts.

* Please mention the Application No. on the reverse o the cheque/DD. Please ensure there is only one cheque / DD per Application Form cheque/DD must be drawn in avour o scheme as applicableand crossed ‘account payee only’.Application Form without this Inormation may be rejected. Investors are requested to note that w.e.. November 15, 2010, third party instruments cannot be used or Mutual Fund subscription. Please reer to instruction ‘H’ on “Transaction through Third Party instruments” in General Inormation above.

ELECTRONICS CLEARING SERVICES (ECS) FOR DIVIDEND PAYMENTS*

You may choose to receive dividends in your bank account through the Electronic Clearing Service (only in select cities). Unitholders who do not opt or the ECS acility will receive dividends by cheques payable at par/DD.I/we authorise L&T Mutual Fund to credit my/our dividend through ECS (Please ) *please enclose photocopy o your cheque lea

The 9 - digit MICR Code number o my/our bank & branch is This is a 9-digit number next to your cheque No.

5

DECLARATION & SIGNATURE(s)

I/We have read and understood the contents o the scheme Inormation Document o the scheme(s) o L&T Mutual Fund. I/Wehereby apply to the trustee o L&T Mutual Fund or units o respective Schemes o L&T Mutual Fund, as indicated above andagree to abide by the terms, conditions, rules and regulations o the relevant scheme(s). I/We hereby declare and confrm that

the amount invested in the Scheme(s) indicated above is in no way in contravention o any Act, Rules, Regulations, Notifcationsor directions o the provisions o the Income Tax Act, Anti-Money Laundering Laws or any other applicable laws enacted by theGovernment o India rom time to time I/We have understood the details o the scheme and I/We have not received nor havebeen induced by any rebate or gits, directly or indirectly in making this investment, I/We confrm that the unds invested inthe Scheme, legally belong to me/us. I the und is nor satisfed with regard to the completion o the “Know Your Customer”process or me/us, I/We hereby authorize the Mutual Fund to redeem the unds invested in the Scheme at the applicable NAVprevailing on the date o such redemption and initiate such other action that may be required by the law. I/We understand that,i I/We have not ticked in Section 4B o the Application Form or not appointing a Nominee, then the Application Form shall beprocessed as without Nomination.The ARN holder has disclosed to me/us, all the commissions (in the orm o tr ail Commission or any other mode), payable to himor the dierent competing Scheme o various Mutual Funds rom amongst which the Scheme is being recommended to me/us.Applicants other than Individuals /HUF : I/We certiy that as per the Memorandum and Articles o Association o the Company,Byelaws, Trust Deed, Partnership Deed and Resolutions passed by the company/frm/Trust. I/We are authorized to enter into thistransaction or and on behal o the company/frm/trust. Please () Yes NoFor NRIs Only: I/We confrm that I am /we are Non-Residents o Indian nationality/Origin and that I/we have remitted unds romabroad through approved banking channels or rom unds in my/our Non-Resident External /Non-resident Ordinary/FCNR Account.I/we Confrm that details provided by me/us are true and correct. Date :

Sole/First Applicant/ Guardian

Second Applicant (N.A. if the first Applicant is a minor)

Third Applicant (N.A. if the first Applicant is a minor)

7

S I G N A T U R E S

OTHER SERVICES (Optional) (Please reer instruction L)

E- mail Services (Please ) I/we wish to receive the ollowing documents via e-mail in lieu o physical document(s)

Account Statement All other Statutory Communications Marketing Updates

e-mail

6

Other E-mail Service (Please )Daily NAV Weekly Market Review Event Updates

T-PIN Services (Please )Would you like a T-PIN assigned?(T-PIN : For Internet Based Transaction)

I/ We __________________________(First Applicant), __________________________ (Second Applicant) and__________________________________(Third Applicant)*

do hereby nominate the ollowing person(s) more particularly described hereunder/ and*/ cancel the nomination made by me/ us on the _________________ day o

_________________________in respect o the Units under Folio No.________________ (* strike out which is not applicable)

4B. NOMINATION DETAILS (please reer instruction F)• Mandatory for new folios / accounts • Every new nomination shall overwrite the existing nomination in the folio / account

Name and Address o Nominee(s) Date o Birth Name and Address o Guardian (tobe urnished in case the Nominee isa minor)

Signature o Guardian Proportion* (%) by which the unitswill be shared by each Nominee(should aggregate to 100%)

Nominee 1

Nominee 2

Nominee 3

I the investors/ unitholders, do not wish to nominate:

(Please ) I / We do not intend to appoint a nominee in respect o our investments

8/6/2019 Equity KIM - April 19_ 2011



APPLICANT’S PERSONAL DETAILS (Please fll in block letters. Use one box or one alphabet leaving one box blank between two words)

First/Sole Applicant Gender (Please ) Male Female Date of Birth D D M M Y Y Y Y

Name Mr. Ms. M/s.

pan* Enclosed copy of (Please ) PAN Proof KYC Compliance Proof*

2

Guardian/change in Guardian (please refer instruction B) (applicable if Sole/First applicant is a Minor) Contact Person (in case of Non-individualInvestors only)(Please) Mother Father Court appointed Legal Guardian

Gender (Please ) Male Female

Name Mr. Ms. M/s.

Date of Birth D D M M Y Y Y Y Guardian’s PAN* Enclosed copy of (Please ) PAN Proof Guardian’s KYC Compliance Proof*

Document of Minor submitted (please

) Birth Certificate School Leaving Certificate HSC Marksheet Passport Others ______ (please specify)Letter of Authority (LOA) (Mandatory in case of Court Appointed Legal Guardian)

Nationality Country o Residence

Address or Correspondence [P.O. Box Address is not sufficient]

City State Pin Code

Contact Details

Phone O Extn. Fax

Phone R Mobile I/We wish to receive updates via SMS on my mobile (Please )

e-mail^

^Investors providing e-mail ID would mandatorily receive only E-statement of accounts in lieu of physical statement of accounts.

Overseas Address (Mandatory in case of NRI / FII applicant in addition to mailing address)

City

State Country Zip Code

Status (Please ) Individual Partnership Company Society / Club HUF NRI / FII Trust Minor Body Corporate Others _____________________

Occupation o Sole / First Applicant (Please) Private Sector Service Public Sector / Government Service Business Professional Agriculturist Retired Housewife Student Forex Dealer Others (Please specify) ________________________________________

Second Applicant (N.A. if the first Applicant is a minor) Gender (Please) Male Female Date of Birth D D M M Y Y Y Y

Name Mr. Ms. M/s.


Mode o Holding (Please) Single OR Joint OR Anyone OR Survivor

PoA Holder Details (If the investment is being made by a Constituted Attorney please furnish the details of PoA Holder) Gender (Please ) Male Female

Name Mr. Ms. M/s.

PAN* Enclosed copy of (Please ) PAN Proof KYC Compliance Proof** PAN and KYC Proo is mandatory or all Applicants, irrespective o the amount o investment. Please attach a copy o PAN Card and KYC. (Please reer instructions C & D)

BANK ACCOUNT DETAILS (MANDATORY as per SEBI Guidelines) (Please reer instructions E & H)

A/c. No. Account Type (Please ) Current Savings NRE FCNR NRO

Bank Name

Branch Address

City

MICR Code (9- digit number next to your Cheque No.) IFS CodeAccount to Account transer acility or redemptions available (Please any one) Please enclose copy o your cheque lea.

HDFC Bank ICICI Bank Kotak Mahindra Bank Axis Bank RTGS/NEFT (IFS Code is Mandatory)

3

Third Applicant (N.A. if the first Applicant is a minor) Gender (Please) Male Female Date of Birth D D M M Y Y Y Y

Name Mr. Ms. M/s.



Distributor/Broker ARN

ARN-Sub-Broker Code

Upfront commission shall be paid directly by the investor to the AMFI registered Distributors basedon the investors’ assessment of various factors including the service rendered by the distributor.

FOR OFFICE USE ONLY

Application No.:

EXISTING UNITHOLDER INFORMATIONFolioNo.

Name o Sole/First UnitHolder

1




an application for Units of Scheme _________________________________________________________________________________________


Lump Sum investment alongwith Cheque / DD No. _______________________________________________ Dated ____________________


SIP investment Total Cheque SIP Auto Debit Facility Amount per instalment (Rs.) ______ Total Amount (Rs.) _________

Please Note : All purchases are subject to realisation of cheques / demand drafts. **Default option/facility.

Application No.:

COMBINED APPLICATION FORM FOR EQUITY SCHEMES

8/6/2019 Equity KIM - April 19_ 2011


INVESTMENT AND PAYMENT DETAILS (Please see the Ready Reckoner table on page No.20)

Scheme Name

Option (Please) Cumulative* Dividend Dividend Facility (Please ) Reinvestment* Payout (* Deault Option / Facility)

4

4A. LUMP SUM INVESTMENT

InvestmentAmount (Rs.) DD Charges (Rs.) Net Amount (Cheque/

DD amount) (Rs.)

Amount in Words

Mode oPayment Cheque/DD/Fund Transer / ___________________ Cheque/

DD* No. Dated

Drawn on Bank

Branch

City

A/C. No. Account Type (Please ) Current Savings NRE FCNR NRO

The details o the bank Account provided above pertain to my /our own bank account in may/our name Yes No. I No, the bank account holder is Spouse# Parents Grand Parents

Guardian Employer Custodian # applicable only i subscription or units o the scheme is remitted through joint bank accounts.

* Please mention the Application No. on the reverse o the cheque/DD. Please ensure there is only one cheque / DD per Application Form cheque/DD must be drawn in avour o scheme as applicableand crossed ‘account payee only’.Application Form without this Inormation may be rejected. Investors are requested to note that w.e.. November 15, 2010, third party instruments cannot be used or Mutual Fund subscription. Please reer to instruction ‘H’ on “Transaction through Third Party instruments” in General Inormation above.

ELECTRONICS CLEARING SERVICES (ECS) FOR DIVIDEND PAYMENTS*

You may choose to receive dividends in your bank account through the Electronic Clearing Service (only in select cities). Unitholders who do not opt or the ECS acility will receive dividends by cheques payable at par/DD.I/we authorise L&T Mutual Fund to credit my/our dividend through ECS (Please ) *please enclose photocopy o your cheque lea

The 9 - digit MICR Code number o my/our bank & branch is This is a 9-digit number next to your cheque No.

5

DECLARATION & SIGNATURE(s)

I/We have read and understood the contents o the scheme Inormation Document o the scheme(s) o L&T Mutual Fund. I/Wehereby apply to the trustee o L&T Mutual Fund or units o respective Schemes o L&T Mutual Fund, as indicated above andagree to abide by the terms, conditions, rules and regulations o the relevant scheme(s). I/We hereby declare and confrm that

the amount invested in the Scheme(s) indicated above is in no way in contravention o any Act, Rules, Regulations, Notifcationsor directions o the provisions o the Income Tax Act, Anti-Money Laundering Laws or any other applicable laws enacted by theGovernment o India rom time to time I/We have understood the details o the scheme and I/We have not received nor havebeen induced by any rebate or gits, directly or indirectly in making this investment, I/We confrm that the unds invested inthe Scheme, legally belong to me/us. I the und is nor satisfed with regard to the completion o the “Know Your Customer”process or me/us, I/We hereby authorize the Mutual Fund to redeem the unds invested in the Scheme at the applicable NAVprevailing on the date o such redemption and initiate such other action that may be required by the law. I/We understand that,i I/We have not ticked in Section 4B o the Application Form or not appointing a Nominee, then the Application Form shall beprocessed as without Nomination.The ARN holder has disclosed to me/us, all the commissions (in the orm o tr ail Commission or any other mode), payable to himor the dierent competing Scheme o various Mutual Funds rom amongst which the Scheme is being recommended to me/us.Applicants other than Individuals /HUF : I/We certiy that as per the Memorandum and Articles o Association o the Company,Byelaws, Trust Deed, Partnership Deed and Resolutions passed by the company/frm/Trust. I/We are authorized to enter into thistransaction or and on behal o the company/frm/trust. Please () Yes NoFor NRIs Only: I/We confrm that I am /we are Non-Residents o Indian nationality/Origin and that I/we have remitted unds romabroad through approved banking channels or rom unds in my/our Non-Resident External /Non-resident Ordinary/FCNR Account.I/we Confrm that details provided by me/us are true and correct. Date :

Sole/First Applicant/ Guardian

Second Applicant (N.A. if the first Applicant is a minor)

Third Applicant (N.A. if the first Applicant is a minor)

7

S I G N A T U R E S

OTHER SERVICES (Optional) (Please reer instruction L)

E- mail Services (Please ) I/we wish to receive the ollowing documents via e-mail in lieu o physical document(s)

Account Statement All other Statutory Communications Marketing Updates

e-mail

6

Other E-mail Service (Please )Daily NAV Weekly Market Review Event Updates

T-PIN Services (Please )Would you like a T-PIN assigned?(T-PIN : For Internet Based Transaction)

I/ We __________________________(First Applicant), __________________________ (Second Applicant) and__________________________________(Third Applicant)*

do hereby nominate the ollowing person(s) more particularly described hereunder/ and*/ cancel the nomination made by me/ us on the _________________ day o

_________________________in respect o the Units under Folio No.________________ (* strike out which is not applicable)

4B. NOMINATION DETAILS (please reer instruction F)• Mandatory for new folios / accounts • Every new nomination shall overwrite the existing nomination in the folio / account

Name and Address o Nominee(s) Date o Birth Name and Address o Guardian (tobe urnished in case the Nominee isa minor)

Signature o Guardian Proportion* (%) by which the unitswill be shared by each Nominee(should aggregate to 100%)

Nominee 1

Nominee 2

Nominee 3

I the investors/ unitholders, do not wish to nominate:

(Please ) I / We do not intend to appoint a nominee in respect o our investments

8/6/2019 Equity KIM - April 19_ 2011


Please read instructions beore flling the Form


Distributor/Broker ARN Sub-Broker Code

Upront commission shall be paid directly by the investor to the AMFI registered Distributorsbased on the investors’ assessment o various actors including the service rendered by thedistributor.

FOR OFFICE USE ONLY

Application No.:

appLICanT’S pERSOnaL DETaILS (plese fill i block letters. Use oe box for oe lhbet levig oe box blk betwee two words)

Form No. (In case o New Investor)Folio No. (In case o Existing Investor)

Only or MICRO SIP *

a) Standard Identifcation Instruments (please ) Voter Identity Card; Driving License; Government/Deense Identifcation card; Passport; Card o

reputed employer

b) Proo o Address (N.A. i the Standard Identifcation Instrument contains the address): ___________________________________________ (please speciy)

Supporting documents copy shall be sel attested by the investor/ attested by the ARN holder mentionining the ARN number or attested by any competent authority.

* PAN is not mandatory in respect o Micro SIPs. However, investors/ Unitholders with PAN are required to ollow PAN based common standard KYC

through CVL procedure as mentioned on page no. 16 o this KIM. Investors/ Unitholders without PAN are required to submit document mentioned in

(a)&(b) above.

1

SIp/MICRO SIp InVESTMEnT DETaILS (plese see the Redy Reckoer tble o ge o. 20)

I/We would like to enrol or Systematic Investment Plan under L&T Mutual Fund subject to terms and conditions o the Scheme/Plan and subsequent amendments thereto.

Scheme Name

Option (Please ) Cumulative** Dividend Dividend Facility (Please ) Reinvestment** Payout (** Default Option / Facility)

Enrolment Period Months From M M Y Y Y Y To M M Y Y Y Y SIP/MICRO SIPs Date : 5th or 15th or 25th or 30th (28th or the month o February)

2

SIP/MICRO SIP (sip uto R. 50,000 er year, er nvetor)

APPLICATION FORM FOR EQUITY SCHEMES

SIp/MICRO SIp paYMEnT DETaILS

Amount per Instalment (Rs.) Total Amount (Rs.)Number o Instalments

(Minimum 6 instalments o Rs.1,000 each or more or all Schemes and minimum o Rs. 500 or in multiples o Rs. 500 thereater or 12 months or Rs. 1,000 and in multiples o Rs. 500 thereater

or 6 months in case o L&T Tax Saver Fund).

Payment Mechanism (Pleaseany one only)

SIP/MICRO SIPs Auto Debit Facility (Please fll the SIP/MICRO SIPs Auto Debit Form provided and submit it together with the Cheque or frst SIP/MICRO SIPs transaction)

Cheques (Please provide the Cheques details below) All Cheques should be drawn in avour o Scheme name and crossed ‘account payee only’ .

Total number o Cheque Cheque No. From To

Drawn on Bank

Branch City

I/We do not have any existing MICRO SIPs which together with the current application resulting in aggregate investments exceeding Rs. 50,000 in a year.The ARN holder has disclosed to me/us all the commissions (in the orm o trail commission or any other mode), payable to him or the dierent competing Schemes o various Mutual Funds romamongst which the Scheme is being recommended to me/us.

Date

S I G N A T U R E S

_______________________________Sole / First Applicant / Guardian

_______________________________Second Applicant

_______________________________Third Applicant

3

ARN -

(N.A. if the first Applicant is a minor)

Investors/ Unitholders in SIP/Micro SIP are also requested to fll up all sections o “Application Form or Equity Schemes” except sections 4 & 4A




an application for SIP enrolment of the Scheme


**Default option / facility

Total Cheque Cheque No. ______________________________________________________________ Dated ______________________


SIP/ Micro SIP Auto Debit Facility Amount per instalment (Rs.) __________________________ Total Amount (Rs.) __________________

Application No.:

8/6/2019 Equity KIM - April 19_ 2011


SIP Facility is available in all the schemes covered in this KIM

Note: Please allow minimum 21 working days or auto debit to register and start. Auto debit has to commence within 60 days o 1st SIP Cheque.

8/6/2019 Equity KIM - April 19_ 2011


The Manager

Bank Name Name Copy to the user Company

Bank Address Address

City Pin code

Telephone No. Tel. No.

I, hereby authorise you to debit my account or making payment to L&T Mutual Fund through ECS (Debit) clearing / Direct Debit as per the details given as under.

A) Name o Bank Account Holder Mr. Ms. M/s.

(As in Bank Records)

B) 9-Digit MICR Code o the Bank and Branch C) Account Type (Please) Current Savings Cash Credit

(Appearing on MICR Cheque issued by the bank.)

D) Ledger No. / Ledger Folio No. E) A/c. No.

Name o the Scheme Date o eect5/15/25/30 (28th or the

month o February

Periodicity(Monthly)

Amount oInstalment (Rs.)

Number oInstalments

DD / MM / YY

DD / MM / YY

DECLARATION AND SIGNATURE(S)

I hereby declare that the particulars given above are correct and complete. I the transaction is

delayed or not eected at all or reasons o incomplete or incorrect inormation, I would not hold

the user institution responsible. I have read the option invitation letter and agree to discharge

the responsibility expected o me as a participant under the Scheme.

_________________________________________Date Signature o Customer (As in Bank Records)

Certifed that the particulars urnished above are correct as per our records.

(Bank’s Stamp)

Signature o the AuthorisedDate Ofcial rom the Bank

Note:- Mandate to be obtained in 3 copies, Original for Bank, One for User Company and other for Customer)

DEBIT MANDATE [Electronic Clearing Service (Debit Clearing)]

SIP/MICRO SIP (AUTO DEBIT FORM)

(Reistration cum Mandate Form)

First SIP/MICRO SIP cheque and subsequent through ECS (Debit) Clearing / Direct Debit. Investors/ Unitholders availing Auto Debit Facility are also requestedto fll up the “Application Form or Equity Schemes”




an application for SIP enrolment of the Scheme

Option (Please ) Cumulative* Dividend Dividend Facility (Please) Reinvestment* Payout

*Default option / facility

Total Cheque Cheque No. ______________________________________________________________ Dated ______________________


SIP/ Micro SIP Auto Debit Facility Amount per instalment (Rs.) __________________________ Total Amount (Rs.) __________________

Application No.:

8/6/2019 Equity KIM - April 19_ 2011


SIP Facility is available in all the schemes covered in this KIM

Note: Please allow minimum 21 working days or auto debit to register and start. Auto debit has to commence within 60 days o 1st SIP Cheque.

8/6/2019 Equity KIM - April 19_ 2011



To,

The Trustee

L&T Mutual Fund

I/We have read and understood the contents o the Scheme Inormation Document o the Scheme(s) and the terms and conditions o the Scheme / Plan andsubsequent amendments thereto. I/We hereby apply or the STP Enrolment under the ollowing Scheme /Plan

Investors/ Unitholders availing STP acility are also requested to fll up the “Application Form or Equity Schemes”

INVESTOR DETAILS

Name o Sole / First Investor / Guardian

Mr. Ms. M/s.

Folio No.(Existing Investor)

REGULAR STP DETAILS. 5, 15 AND 25 OF THE MONTH (Please tick choice o your Scheme/Plan/Option)

From any o the ollowing Schemes To any o the ollowing Scheme

L&T Liquid Fund L&T Growth Fund

L&T Midcap Fund

L&T Multi-Cap Fund


L&T Contra Fund

L&T Global Advantage Fund

L&T Tax Saver Fund


L&T Inrastructure Fund

L&T Small Cap Fund

Cumulative* Dividend Reinvestment* Payout

Regular Plan Cumulative* Weekly Dividend Reinvestment* Payout

Institutional Plus Plan Cumulative* Weekly Dividend Reinvestment* Payout

Institutional Plan Daily Dividend Reinvestment*

Super Institutional Plan Cumulative* Weekly Dividend Reinvestment* Payout

L&T Freedom Income-Short Term Fund

Regular Cumulative* Monthly Dividend Semi-annual Dividend

Reinvestment* Payout

Institutional Cumulative* Monthly Dividend Weekly DividendSemi-annual Dividend

Reinvestment* Payout

DDRIP Daily Dividend Reinvestment*

L&T Floating Rate Fund

Cumulative* Monthly Dividend Weekly Dividend Daily Dividend

Reinvestment* Payout L&T Monthly Income Plan

L&T Select Income Fund-Flexi Debt Fund Cumulative* Bonus Monthly Dividend Quarterly Dividend

Institutional Option Retail Option Reinvestment* Payout

Dividend# Growth* Quarterly Dividend Bonus * Deault Plan / Option

L&T Monthly Income Plan**

Cumulative* Monthly Dividend Quarterly Dividend Reinvestment* Payout

* Deault Plan/Option

** STP acility rom L&T Monthly Income Plan is available only to L&T Growth Fund, L&TMidcap Fund, L&T Opportunities Fund, L&T Multi-Cap Fund, L&T Global AdvantageFund, L&T Contra Fund, L&T Tax Saver Fund and L&T Hedged Equity Fund, L&TInrastructure Fund & L&T Small Cap Fund.

Enrolment Period Months STP Date : 5th or 15th or 25th From M M Y Y Y Y To M M Y Y Y Y

Frequency : Monthly Fixed Amount (Rs.) or Capital Appreciation

Signature(s) ............................................................ ............................................................ ............................................................

Sole/First Unitholder/Guardian Second Unitholder Third Unitholder

(N.A. if the first Applicant is a minor)

Please Note : Signature(s) should be as it appears on the Application Form and in the same order.

Date D D M M Y Y Y Y

1

SYSTAMATIC TRANSFER PLAN (REgULAR STP)

ENROLMENT FORM

Minimum transer amount/ Instalments:

The investment under STP or all the schemes except L&T Tax Saver Fund has to be or a minimum amount o Rs. 6000 i.e. 6 cheques o Rs. 1000/- each5th,15th,25th o the month or on the next Business Day i the chosen date happens to be a non-business day.

However, in case o L&T Tax Saver Fund, minimum amount shall be Rs. 500 or 12 months or Rs. 1000 or 6 months.

Unitholders may change the amount (but not below the specifed minimum) by giving written notice to the registrar.

#Investors/Unitholders are requested to note that currently the trustees have decided the requency as Monthly Dividend under dividend sub option o thescheme.

8/6/2019 Equity KIM - April 19_ 2011


8/6/2019 Equity KIM - April 19_ 2011


Systematic Withdrawal Plan (SWP) Enrolment Form(Available only in Cumulative/growth Options of the Schemes)

To, The TrusteeL&T Mutual FundI/We have read and understood the contents o the Scheme Inormation Document o the Scheme(s). I/We hereby apply or the SWP Enrolment underthe ollowing Scheme/Plan (please tick your choice) and agree to abide by the terms and conditions o the Scheme/Plan.

Folio No.Name o the Scheme Withdrawal Details Period o Enrolment (Date/Month/Year)

L&T GROWTH FUND Rs. From 5 15 25 / /

dd dd dd mm yy

To 5 15 25 / /

dd dd dd mm yy

No. o withdrawals : _____________________________________

Frequency

Monthly

Quarterly**

**Available only in L&T Growth Fund, L&T Opportunities Fund, L&T Multi-CapFund, L&T Monthly Income Plan, L&T Floating Rate Fund and L&T FreedomIncome – Short Term Fund

The SWP acility can only be availed on 5th, 15th or 25th o amonth/quarter (whenever applicable). I the 5th, 15th or 25th othe month/quarter alls on non-business day then SWP alling onsuch non-business day will be eected on the succeeding businessday.

Fixed Amount Rs. ___________________________________ or

Capital Appreciation

Instructions

Option I - Fixed Amount : Minimum Withdrawal amountRs. 500 & equal amountthereater

(Monthly or Quarterly)

Option II - Capital Appreciation : Capital appreciation onMonthly or Quarterly basis.

Load Structure : Please reer Scheme Details orthe same

Other terms or SWP

In the case o Capital Appreciation option minimum accountbalance o Rs. 10,000/- always needs to be there and

In case o Fixed Amount withdrawal minimum account balance asapplicable in the schemes plans at the time o opting or SWP needsto be there

L&T OPPORTUNITIES FUND Rs.

L&T MIDCAP FUND Rs.

L&T MULTI-CAP FUND Rs.

L&T GLOBAL ADVANTAGE FUND Rs.

L&T CONTRA FUND Rs.

L&T TAX SAVER FUND* Rs.

L&T INFRASTRUCTURE FUND Rs.

L&T SMALL CAP FUND Rs.

L&T HEDGED EQUITY FUND Rs.

L&T MONTHLY INCOME PLAN Rs.

L&T TRIPLE ACE FUND Rs.

L&T FREEDOM INCOME - SHORT TERM FUND

REGULAR

INSTITUTIONAL

Rs.

L&T FLOATING RATE FUND Rs.

L&T SELECT INCOME - FLEXI DEBT FUND

RETAIL

INSTITUTIONAL

Rs.

L&T GILT FUND Rs.

* Available only ater completion o lock-in period o 3 years.

Name o the First / Sole Applicant/ ___________________________________________________________________________________________________Guardian (in case o minor)

_________________________________ _________________________________ _______________________________

Signature(s) Sole/First Unitholder/Guardian Second Unitholder Third Unitholder(N.A. i the frst Applicant is a minor)

Please Note : Signature(s) should be as it appears on the Application Form and in the same order.

8/6/2019 Equity KIM - April 19_ 2011


TOLL FREE NO. : 1800-209-7575 OR SMS : LTMF TO 567678

Agra: 0562-324 0202, 324 2267.Agartala: 381 - 9862923301, 2323009.Ahmedabad: 079-3008 2468, 3008 2469.Ahmednagar: 0241-3204221, 3204309.Ajmer: 0145-329 2040.

Akola: 0724-3203830.Allahabad: 0532-329 1273, 329 1274.Aligarh: 0571-3200301, 3200242.Alwar: 0144- 320 0451. Ambala : 171-3247437, 3248787.Angul: 6764 - 329976,

329990. Amaravati: 0721-329 1965. Amritsar: 0183-325 7404, 9872004056Anand: 02692-325 071, 320 704. Anantapur: 08554-326980, 326921. Ankleshwar: 02646-310206,

310207. Asansol: 0341- 329 5235, 329 8306.Aurangabad: 0240- 329 5202. Balasore : 06782-326808.Bagalkot: 093791 - 85477, 093791 86040.Bangalore: 080-3057 4709, 3057

4710, 3057 8004. Bareilly: 0581-3243172, 3243322.Belgaum: 0831-329 9598. Bellary: 08392-326 848, 326 065.Berhampur: 0680 – 3203933/ 3205855.Bhagalpur: 0641-3209093,

3209094. Bhavnagar: 0278 - 3208387, 3200348, 2567020.Bhilai: 0788-3299 040, 3299 049.Bikaner: 151 - 3201590, 3201610.Bilaspur: 7752 - 327886, 327887.Bhilwara: 01482-

320809, 231808. Bhopal: 0755-329 5878, 329 5873. Bharuch (Parent: Ankleshwar TP): 9825304183. Bhubaneswar: 0674-325 3307, 325 3308. Bhuj: 02832-320762, 320924.

Bhusawal (Parent: Jalgaon TP). Bokaro: 06542-324 881, 326 322.Burdwan: 0342-320 7001, 320 7077.Calicut: 0495-325 5984 Chandigarh: 0172-304 8720, 304 8721, 304 8722.

Chandrapur: 7172 - 313885, 313928.Chennai: 044-3911 5563, 3911 5565, 3911 5567.Cochin: 0484-323 4658, 323 4662.Coimbatore: 0422-301 8000, 301 8001.Cuttack: 0671-329 9572. Darbhanga: 6272 - 326988, 326989.Davenegere: 08192-326226, 326227.Dehradun: 0135-325 1357, 325 8460.Deoghar: 06432-320227, 320827.Dhanbad: 0326-329

0217. Dharmapuri: 4342 - 310303, 310304.Dhule: 02562 - 329902,329903.Durgapur: 0343 - 329 8890, 329 8891, 6451419.Erode: 0424-320 7730, 320 7733.Faizabad: 5278 -

310664, 310665. Faridabad: 0129-3241148, 3241147.Ghaziabad: 0120-3266917, 3266918.Goa: 0832-325 1755, 325 1640.Gorakhpur: 0551-329 4771. Gulbarga: 08472-310119,

310523. Guntur: 0863-325 2671.Gurgaon: 0124-326 3763, 326 3833.Guwahati: 0361-260 7771, 213 9038.Gwalior: 0751-320 2873, 320 2311.Haldwani: 5946 - 313500, 313501.

Hazaribagh: 06546-320251, 320250.Himmatnagar: 2772 - 321080, 321090.Hisar: 01662-329580, 315546.Hoshiarpur: 1882 - 321081, 321082. Hosur: 04344-321002, 321004.

Howrah (Parent: Kolkata ISC): 9331737444.Hubli: 0836-329 3374, 320 0114.Hyderabad: 040-3918 2471, 3918 2473, 3918 2468.Indore: 0731-325 3692, 325 3646.Itarsi: 7572

- 321474, 321475. Jabalpur: 0761-329 1921. Jaipur: 0141-326 9126, 326 9128, 5104373.Jalandhar: 0181-3254883, 2222882.Jalna C.C. (Parent: Aurangabad). Jalgaon: 0257-

3207118, 3207119. Jammu: 0191-9906082698. Jamnagar: 0288-329 9737. Jamshedpur: 0657-329 4594. Jhansi: 510-3202399. Jodhpur: 0291-325 1357. Junagadh: 0285-

3200909, 3200908. Kadapa: 08562-322469, 322099. Kalyani: 033-32422712, 32422711. Kanpur: 0512-3918003, 3918000, 3918001.Kakinada: 884 - 320 7474, 320 4595.

Karnal (Parent :Panipat TP): 9813999809.Karimnagar: 0878-3208004, 3205752.Karur: 4324 - 311329, 310064.Kestopur: 033-32415332, 32415333.Kolhapur: 0231-3209 732, 3209 356.

Kolkata: 033-32550760, 3058 2285, 3058 2303.Kollam: 474-3248376, 3248377, Cell: 9847067534.Kannur: 0497-324 9382, 324 9147.Kharagpur: 3222 - 323984, 323937.Kota: 0744-329

3202. Kottayam: 0481-3207 011, 320 6093.Kumbakonam: 0435 – 3201333/ 3200911.Kurnool: 08518-312978, 312970.Latur: 02382-341927, 341507.Lucknow: 0522-391 8000, 391

8001, 391 8002.Ludhiana: 0161-301 8000, 301 8001.Madurai: 0452-325 1357, 325 2468.Malda: 3512 - 329951, 329952.Mangalore: 0824-325 1357, 325 2468.Manipal: 0820-325 5827.

Mapusa (Parent ISC: Goa): 9326126122.Margao: 832 - 322 4761, 3224658.Mathura: 0565-3207007, 3206959.Meerut: 0121-325 7278.Mehsana: 02762-323985, 323117.Moga: 1636 -

310088, 310909.Morbi: 2822 - 326910, 326911.Moradabad: 0591-329 7202, 329 9842.Mumbai: 022-30282468, 30282469, 30282471.Muzaarpur: 0621-3207504, 3207052.Mysore:0821- 3206991, 329 4503.Nadiad (Parent TP: Anand TP). Nagpur: 0712-325 8275, 2432447.Namakkal:4286 - 322540, 322541.Nanded: 2462 - 315980, 312564.Nasik: 0253-329 7084, 325

0202.Navsari: 02637-327709, 329238, 248745.Nellore: 0861-329 8154.New Delhi: 011-3048 2471, 3048 1203, 3048 1205.Nizamabad: 8462 - 310007, 310008.Palakkad: 491 - 3261114,

3261115.Palanpur: 2742 - 321810, 321811.Panipat: 0180-325 0525, 400 9802.Patiala: 0175-329 8926, 222 9633.Patna: 0612-325 5284, 325 5285, 3255286.Pondicherry: 0413-421 0030,329 2468.Porbander: 0286-3207767, 3205220.Pune: 020-3028 3005, 3028 3003, 3028 3000.Rae Bareli: 535 - 3203360, 3203361.Raichur: 8532-323215, 323006.Raipur: 0771-3296 404.

Rajahmundry: 0883-325 1357.Rajapalayam:4563 - 327520, 327521.Rajkot: 0281-329 8158, 329 8206.Ranchi: 0651-329 6202, 329 8058.Ratnagiri: 2352 - 322940, 322950.Ratlam:07412-

324829, 324817.Rohtak: 01262-318687, 318589.Roorkee: 1332 - 312386, 312011.Ropar: 1881 - 324761, 324760.Rourkela: 0661-329 0575.Sagar: 07582-326711, 326894.Saharanpur:132 - 3255589, 3255591.Salem: 0427-325 2271.Sambalpur: 0663-329 0591.Sangli (Parent: Kohlapur): 9326016616.Satna: 7672 - 320896, 320756.Satara: 02162-320926, 320989.

Shimla: 0177-3204944, 3204945.Shimoga: 8182 - 322 966 , 322 980.Siliguri: 0353-329 1103.Solapur: 0217-3204201, 3204200.Sriganganagar:0154-3206580, 3206295.Srikakulam:8942

- 321 900, 321 901.Surat: 0261-326 2267, 326 2468, 326 0352.Surendranagar:2752-320231, 320233.Tirupur: 0421-3201271, 3201272.Tirunelveli: 0462-320 0308, 320 0102.Tirupathi:0877-3206887, 3209257, Cell No: 9848877737.Trichur: 0487-325 1564.Trichy: 0431-329 6906, 329 6909.Trivandrum: 0471-324 0202, 324 1357.Tuticorin: 461 - 3209960, 3209961

• Udaipur: 0294-329 3202.Unjha (Parent: Mehsana). Vadodara: 0265-301 8029, 301 8031.Valsad: 02632-324 202, 324623.Varanasi: 0542-325 3264, 325 3265.Vapi: 260 - 3201249,

3201268.Vashi: 022-32598154, 32598155.Vellore: 0416-3209017, 3209018.Veraval: 2876 - 322900, 322901.Vijayawada: 0866-329 9181, 329 5202.Visakhapatnam: 0891-329 8397,

329 8374, 2554893.Warangal: 0870-320 2063, 320 9927.Wardha: 7152 - 327735, 327346.Yamunanagar: 1732-316880, 316770

L&T INVESTMENT MANAGEMENT LIMITED - BRANCHES

CAMS - SERVICE CENTRES / INVESTOR SERVICE CENTRES

AGRA: Shop No. F, C-6, Block No. 41/4B, Friends Tower, Sanjay Place, Agra-282002. Tel: 9839075275.AHMEDABAD: 508, Sakar 3, Near C U Shah College, Near Old High Court, Ashram Road,Ahmedabad - 380014.ALLAHABAD: Shop No.5, AnnantRaj Plaza, 132 B/28, Mahatma Gandhi Marg (opposite Rana Jewellers), Civil Lines, Allahabad – 211001. Tel: 9918500388.AMRITSAR:39C, Green Avenue, Amritsar-143001. Tel: 9855721024.BARODA: 4/1, Goverdhan Apartment, Nr. Utkarsh Petrol Pump, Muktanand Char Rasta, Karelibaug, Baroda 390018.BENGALURU: S-411,2nd Floor, West Minster, No-13, Cunningham Road, Bengaluru-560052. Tel.:-080-42497000/32952142.BHAVNAGAR: Block No 6642 M-30, Shivranjani Society, B/H Gayatrinagar, Bhavnagar364002.BHOPAL: 2nd Floor 131/3 M P Nagar, Major Shopping Centre Zone II, Scheme No 30, Bhopal 462011. Tel.: 0755-2552452–53 / 9893654246.BHUVANESHWAR: Plot No 428/3818, 2ndFloor, Eastern Block Jaydev Nagar Bhuvaneshwar 751002. Tel.: 9937062565.CHANDIGARH: SCO-487-488, Cabin No. 9-10,Second Floor, Sector 35 C, Chandigarh - 160022. Tel: 0172–3068051

/ 9878406940 / 98880 22979.CHENNAI: “Montieth Palace”, 4th Floor, 47 Montieth Road, Egmore, Chennai 600008. Tel.: 044 66881190/ 04428545752.COCHIN: 2nd Floor, Ventura, EdapallyBye pass Road, Edapally P.O., Cochin-682024. Tel.: 0484-6533130/09895168160COIMBATORE: Kovai Towers, 2nd Floor, 44, Balasundram Road, (RTO Oce Road) Coimbatore - 641 018. Tel.:0422 4504047-48 / 99949 97599/09894775663.CUTTACK: Manisha Plaza,Plot No-1050, 1st Floor,Link Road, Arundaya Market, Cuttack-753012.DEHRADUN: Ground Floor, Shop#24, RadhaPalace, 78 Rajpur Road, Dehradun-248001. Tel: 9336955999DHANBAD: 1st Floor , Rathod Mansion, Bank More, Dhanbad-826001,DURGAPUR: B-27, Biplabi Rashbihari Basu Sarani, BidhanNagar, Sector 2 A, Durgapur-713 212 WB. Tel.: 9932241935.GOA: 5th Floor, Naik Villa, Dr. Dada Vaidya Road, Opp. Sakhardande Apts., Panjim, Goa 403001. Tel.: 0832 2422720/ 9923285799.GORAKHPUR: Shop No 20, 2nd Floor, Cross road The Mall, Bank Road, Gorakhpur-273001. Tel: 9838330569.GUWAHATI: Milanpur Road, Bamuni, Maidan Rudra Chetry, Guwahati - 781021.

GWALIOR: IInd Floor, J.J. Plaza, Huzrat Chauraha, Gwalior - 474001. Tel: 9669966100. HUBLI: 1st Floor W.B.Plaza, Opp Trac Police Station, New Cotton Market, Hubli – 580029 Karnataka. Tel:9886105569/09844979788/0836-4264141.HYDERABAD: 401&402 4th Floor, Dega Towers, 6-3-1085, Raj Bhavan Road, Somajiguda, Hyderabad-500082. Tel: 040-44545577/9885301616.INDORE: 307/4, Milandas Minor, 2 RNT Mart, Indore - 452001 MP. Tel.: 0731 4286032/9826012555.JAIPUR: 2nd Floor, Roshan Tower, Opp Anchor Mall, Ajmer Road, Jaipur-302006. Tel.: 01414043108 / 4043101 / 9950852103.JALANDHAR: SCO 3, 2nd Floor, Puda Complex, Jalandhar-144001. Tel.: 9872838208.JAMMU: 7D/C, Gandhi Nagar, Near Valmiki Chowk, Jammu-180004.Tel: 9419845915. JAMNAGAR: G-43, Ground Floor, Madhav Plaza, Opp SBI Bank, Near Lal Banglow, Jamnagar-361001.JAMSHEDPUR: Maghdeep Building 4th Floor, ‘Q’ Road, Bistupur,Jamshedpur-831001. Tel.: 9334289963.JODHPUR: 2nd Floor, Dhan Laxmi Tower, Above IDBI Bank, 1st Chopasni Road, Sardarpura, Jodhpur-342001. Tel: 9829309649KANPUR: 717, 7th Floor,Kan Chambers, 14/113 Civil Lines, Kanpur-208001,KOLHAPUR: Anant Towers, 1st Floor, Sai Section, Rajarampuri Main Road, Kolhapur - 8, Tel.: 0231 6614834-5/9923539066.KOLKATA: SuccessCenter, 8, Beckbagan Row, 3rd Floor, Kolkata - 700017. Tel.: 033-66262710, 66262709 / 98315 00225.LUCKNOW: Oce no. 106, 1st Floor, Sky High Chambers, 5 Park Road, Lucknow. UP - 226001. Tel.: 0522 4003245 / 3052460 / 098381 19887.LUDHIANA: 5th Floor, SCO - 122, Firoz Gandhi Market, Ludhiana -141 001. Tel.: 0161 5029019 / 987811470 / 09855095135.MADURAI:No:489,First Floor West First Street KK Nagar, Madurai-625020. Tel.: 09865966013/0452-4514005.MANGALORE: No-14-4-511-50,3rd foor, Crystal-ARC, Balmata Road, Hampanakatta,Mangalore – 575001. Tel.: 0824-2443609/07829044427.MEERUT: 2nd Floor, Metro Arcade, Tejgarhi, Near BSNL Oce, Meerut-250004. Tel: 9897901416MUMBAI: (Branch) 16/22, Bake House,Ground Floor, Maharashtra Chamber o Commerce Lane, Next to Rampart Business Centre, Opp. Maharashtra State Co-Op Bank, Fort, Mumbai 400 023. Tel.: 6115 5555/03/04.MUMBAI: 309,3rd Floor, Trade Centre, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051.Tel.: 022 61366600/01.MYSORE: No:1037, Devapartiva Road, Chamarajapuram, Mysore, Pin-570004. Tel: 08212331833/9886639557NAGPUR: 316, M G House, 4th Floor, Ravindranath Tagore Road, Civil Line, Nagpur 440001. Tel.: 0712 6621506 / 9372695617.NASHIK: Shop no. 10, 1st Floor, KapadiaCommercial Complex ,Opp Janalaxmi Bank (HO), Old Agra Road, Nashik 492 001. Tel.: 0253 6611791 / 6619211/ 9960025000.NEW DELHI: 9B, 9th Floor, Hansalya Building, Barakhamba Road,New Delhi - 110001. Tel.: 011 49533301-02.PATNA: 3004, 3rd Floor, Grand Plaza, Fraser Road, Near Dakbunglow Chowraha,Patna-800001.PUNE: 1240-A,2nd Floor, Subhadra Bhavan,ApteRoad,Deccan, Pune- 411004Tel.: 020- 25510468/32912911.RAIPUR: 1st Floor, Oce No. FF 08, Avinash House, Maruti Business Park, G E Road, Raipur, Chattisgarh - 492001. Tel.: 0771 4224107

/ 9926808555. RAJKOT: 9th Floor, Aalap - B, Opp. Shastry Maidan, Limda Chowk, Rajkot - 360001, Gujarat.RANCHI: 1st Floor,45, Garikhana,Nr, PNB,Harmu Road, Ranchi - 834001. Tel. :08986724054.ROURKELA: Sector - 19, Ambagan, Rourkela - 769005 ORISSA. Tel.: 9437648485.SILIGURI: 3rd Floor, Sevoke Road, Siliguri - 734 008. Tel.: 0353 2545474/ 9800202292.SURAT:21st Century, 610 B, 6th Floor, Ring Road,Surat - 395002. Tel.: 0261 - 6641610.THIRUVANANTHAPURAM: Uthradam properties ,TC26/1309,3rd foor RBI station road, Panavilla Junction,Thiruvananthapuram - 695001. Tel: 09895168160TRICHY:2nd Floor, Sterling Biz Park, C-86, North East Extn, Fort Station Road,th illai Nagar, Trichy 620 018. Tamil Nadu. Tel.: 9952142228/09865966013.TRIVANDRUM: Uthradom Building, TC-26/1309, 3rd Floor, Panavila Junction, RBI Station Road, Trivandrum - 695001. Tel.: 9605601122.VADODARA: L&T Mutual Fund / L&T Finance, 4/1,Goverdhan Apartment, Nr.Utkarsh Petrol Pump,Muktanand Char Rasta, Karelibaug,Vadodara-390018. Tel.: 8128997153.VARANASI: 2nd Floor, Oce No.3, Urvashi Complex, Sigra,Varanasi-221010. Tel: 9839165055.VIJAYWADA: Door no. 40-5-6/1, Brundavana Colony, Tikkil Road, Labbipeta, Vijaywada 520 010. Tel.: 0866-2485274.VISHAKHAPATNAM: Door No. 48-8-16, Dwaraka Nagar, Vishakhapatnam - 530016. Tel.: 0891 6620401/9676970777.