L&T FMP – III (May90D A) is a close ended Scheme and can invest in debt and money market instruments maturing on or before the maturity of theScheme/ Plan. Being close ended in nature, the Scheme/ Plan will be listed on National Stock Exchange of India Limited (NSE). Investors will not be able to redeem their
units during the tenor of the Scheme/ Plan and there will be redemption on the maturity of the Scheme/ Plan.
However, the units held in dematerialized form can be traded on NSE.
The Investment objective of the Scheme would be to achieve growth of capital through investments made in a basket of debt/ fixed income securities maturing on or before the maturity of the Scheme.
Name of the Scheme L&T FMP – III (May90D A)
Nature of the Scheme A Close Ended Income Scheme
Tenor of the Scheme 90 Days
Investment Plan/ Option 90 Days Maturity Plan (May90D A)
There are two options available under the Scheme: 1. Dividend (Payout) 2. Growth*
*If no option is specified at the time of application, the default option is Growth Option
Investment Pattern Investments will be made in a basket of debt/ fixed income securities maturing
on or before the maturity of the Scheme/ Plan. Under normal circumstances, the asset allocation under the Scheme would be as follows:
Entry/ Exit Load Entry Load : Nil
In terms of 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 effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of variou factors including the service rendered by the distributor.
Exit Load: Since the Scheme/ Plan will be listed on the Stock Exchange, no exit load will be charged.
New Fund Offer Price Rs. 10/- per unit
Minimum Application Amount Dividend Payout Option & Growth Option: Rs. 5000/- and in multiples of
Rs. 10/- thereafter.
The subscription cheque should be favoring: “L&T FMP – III (May 90 D A)”
Key Information Memorandum<http://www.lntmf.com/Uploads/Media/KIM_LT_FMP-III_May90DA.pdf>