WHAT AN END TO FY11!
Dear All,
It gives me immense pleasure to inform you that all
the hard work and effort put by everyone at L&T Mutual Fund and by our
Associates have yielded results. We have made a good end to FY11.
1.. In the financial year 2010-2011, the Assets
Under Management (AUM) of L&T Mutual Fund has grown by 58% (yoy in absolute
terms), whereas industry AUM was down during the same period by approximately
6% (Source: www.amfiindia.com as on 31st March 2011).
2.. In the financial year 2010-2011, we are the 4th
fastest growing mutual fund in percentage terms and 6th largest in terms of
absolute increase in average AUM (AAUM) (Source: www.amfiindia.com as on 31st
March 2011)out of all Mutual Funds which had an existing AUM in March 2010.
AAUM for
Jan - Mar 2010
(Rs. in Crores) AAUM for
Jan - Mar 2011
(Rs. in Crores) Net Change (Rs. in Crores)
Growth
2556 4030 1474 58%
3.. L&T Mutual Fund also won its first award last
month - L&T Monthly Income Plan has been ranked as a Five Star Fund by ICRA at
the ICRA Mutual Fund Awards 2011 in the category of 'Open Ended Marginal
Equity' schemes for its 3 year performance till December 31, 2010. The rankings
have been arrived at after an in-depth analysis of critical parameters,
including risk-adjusted performance, portfolio concentration characteristics,
corpus size and average maturity. Monthly income is not assured and is subject
to distributable surplus.
Past performance may or may not be sustained in
future and is no guarantee to future results.
The growth our of mutual fund is the outcome of the
dedication and determination of our employees and associates. It is also a
testimony to the faith that our investors have on us.
The numbers signify that Expertise, Commitment and
Solidity are not just words but also our firm resolve. I would like to thank
everyone for having contributed either directly or indirectly to this
achievement of L&T Mutual Fund.
Regards,
Sanjay Sinha
CEO, L&T Mutual Fund
------------------------------------------------------------
Website: www.LNTMF.com • SMS: LNTMF to 567678 • Toll free:
1800 209 6565
------------------------------------------------------------
.
--
You received this message because you are subscribed to the Google Groups
"BETTER PERSONALITY GROUP" group.
To post to this group, send email to [email protected].
To unsubscribe from this group, send email to
[email protected].
For more options, visit this group at
http://groups.google.com/group/better_personality?hl=en.
L&T Mutual Fund among the fastest growing MF's in FY11
Shenoy Investment & Fin. Cons. Pvt. Ltd Wed, 13 Apr 2011 21:52:06 -0700
- L&T Mutual Fund among the ... Kavita Kapasi
- L&T Mutual Fund among... Shenoy Investment & Fin. Cons. Pvt. Ltd
