L&T Business Cycles Fund

L&T Business Cycles Fund.

The L&T Business Cycles Fund will invest in companies that are strategically placed to make the most
of the economy’s business cycles. During high growth times, the portfolio can be entirely aimed at
cyclical companies. On the other hand, the portfolio could entirely comprise defensive companies to
generate stable returns during periods of low growth. In short, the L&T Business Cycles Fund aims to
offer you the best of both worlds – heady gains and steady growth.
How is the fund different from other equity funds?

Diversified Equity Funds
Unlike a typical diversified equity fund that spreads across sectors at all times, the L&T Business
Cycles Fund has the flexibility to point its entire portfolio to cyclical or defensive stocks.
The differentiated strategy rules out short-term performance pressure versus diversified equity funds.
Sector Funds
The L&T Business Cycles Fund is not sector-specific as it invests across sectors. As an ‘all seasons’
fund, it has the ability to shift between sectors depending on medium-term economic or business
cycle trends.
Sector Rotation Funds
The L&T Business Cycles Fund focuses on strategically changing allocation across sectors based on
medium-term economic or business cycle trends. Sector rotation funds are typically driven by
factors such as short-term market movements and valuation changes.
Key Benefits
Best of both worlds: One fund that aims to deliver through all market cycles
Attractive investment diversifier: A well-differentiated, one-of-a-kind fund
Potential for higher alpha: Potential to grow faster than the broader market and perform better
than fixed income investments
Opportunity maximiser: Well placed to benefit from economic recovery over the next few years
Long-term wealth creation: Invests in companies with quality management, strong balance sheets
and good returns potential
Research coverage: Strong investment team to identify growth trends, disciplined research-based
investing to capitalise on opportunities
No cap or sector bias: Will invest across companies and industries.


The aim of the fund is to generate long-term capital appreciation from a diversified portfolio of predominantly
equity and equity-related securities, including equity derivatives in the Indian market. The focus is on riding
business cycles by strategically changing allocation between various sectors and stocks. 

If God Was A Banker

If God Was A Banker is a story about two IIM passouts on their way to success. It details the twists and turns in their journey to climb the ladder of success and achieve the best. Summary Of The Book In If God Was A Banker, the story revolves around two management graduates in the rat race for success. Sundeep is ambitious and selfish, which leads him to achieve his goals through unscrupulous means. Swami is the exact opposite as he sticks to his morals and ethics to ensure success in his career. Swami's ideal and ethics keeps him behind Sundeep in terms of performance at the New York International Bank where they both work. Sundeep's rapid rise up the corporate ladder and his popularity with colleagues disguises his real motives and cunning mind. The story also has a main character, who is a friend and counsellor to both of them and he has his own philosophy which is based on his experience and is genuine. He always taught what he deemed right. Inspite of all the facts, the temptation of untold riches was too strong for Sundeep and he continued on his quest for more ill-gotten financial gain. All through the novel, the backdrop is the corporate bank environment, which is so polluted that the characters are portrayed as people who are ready to deviate from the righteous path at the drop of a hat. Women throw themselves at their bosses to advance their position. If God Was A Banker was published in 2007 and it won the Indiaplaza Golden Quill Book Award. The book has sold more than 260,000 books and has been a national bestseller. About Ravi Subramaniam Ravi Subramanian is a banker and an established author. His other works are Devil In Pinstripes, I Bought the Monk’s Ferrari, The Bankster, and The Incredible Banker. Ravi studied at the Indian Institute of Management in Bangalore and worked in the banking sector for close to 20 years. He has worked for many companies like ANZ Grindlays, Citibank, and HSBC. He regularly writes columns for popular magazines and also writes his own personal weekly column for The Economic Times. The Incredible Banker was on the Crossword bestsellers list for 40 weeks, and it won him the Economist Crossword Book Award in 2011

I Am Malala

In 2009 Malala Yousafzai began writing a blog on BBC Urdu about life in the Swat Valley as the Taliban gained control, at times banning girls from attending school. When her identity was discovered, Malala began to appear in both Pakistani and international media, advocating the freedom to pursue education for all. In October 2011, gunmen boarded Malala's school bus and shot her in the face, a bullet passing through her head and into her shoulder. Remarkably, Malala survived the shooting.At a very young age, Malala Yousafzai has become a worldwide symbol of courage and hope. Her shooting has sparked a wave of solidarity across Pakistan, not to mention globally, for the right to education, freedom from terror and female emancipation.

The Oath of the Vayuputras (Shiva Trilogy #3)

The Oath of the Vayuputras (Shiva Trilogy #3) ONLY A GOD CAN STOP IT. Shiva is gathering his forces. He reaches the Naga capital, Panchavati, and Evil is finally revealed. The Neelkanth prepares for a holy war against his true enemy, a man whose name instils dread in the fiercest of warriors. India convulses under the onslaught of a series of brutal battles. It's a war for the very soul of the nation. Many will die. But Shiva must not fail, no matter what the cost. In his desperation, he reaches out to the ones who have never offered any help to him: the Vayuputras. Will he succeed? And what will be the real cost of battling Evil? To India? And to Shiva's soul? Discover the answer to these mysteries in this concluding part of the bestselling Shiva Trilogy

The Secret of the Nagas (Shiva Trilogy #2)

The Secret of the Nagas (Shiva Trilogy #2) Today, He is a God. 4000 years ago, He was just a man. The hunt is on. The sinister Naga warrior has killed his friend Brahaspati and now stalks his wife Sati. Shiva, the Tibetan immigrant who is the prophesied destroyer of evil, will not rest till he finds his demonic adversary. His vengeance and the path to evil will lead him to the door of the Nagas, the serpent people. Of that he is certain. The evidence of the malevolent rise of evil is everywhere. A kingdom is dying as it is held to ransom for a miracle drug. A crown prince is murdered. The Vasudevs Shivas philosopher guides betray his unquestioning faith as they take the aid of the dark side. Even the perfect empire, Meluha is riddled with a terrible secret in Maika, the city of births. Unknown to Shiva, a master puppeteer is playing a grand game. In a journey that will take him across the length and breadth of ancient India, Shiva searches for the truth in a land of deadly mysteries only to find that nothing is what it seems. Fierce battles will be fought. Surprising alliances will be forged. Unbelievable secrets will be revealed in this second book of the Shiva Trilogy, the sequel to the #1 national bestseller, The Immortals of Meluha.

The Immortals of Meluha (Shiva Trilogy #1)

The Immortals of Meluha (Shiva Trilogy #1) 1900 BC. In what modern Indians mistakenly call the Indus Valley Civilisation. The inhabitants of that period called it the land of Meluha a near perfect empire created many centuries earlier by Lord Ram, one of the greatest monarchs that ever lived. This once proud empire and its Suryavanshi rulers face severe perils as its primary river, the revered Saraswati, is slowly drying to extinction. They also face devastating terrorist attacks from the east, the land of the Chandravanshis. To make matters worse, the Chandravanshis appear to have allied with the Nagas, an ostracised and sinister race of deformed humans with astonishing martial skills! The only hope for the Suryavanshis is an ancient legend: When evil reaches epic proportions, when all seems lost, when it appears that your enemies have triumphed, a hero will emerge. Is the rough-hewn Tibetan immigrant Shiva, really that hero? And does he want to be that hero at all? Drawn suddenly to his destiny, by duty as well as by love, will Shiva lead the Suryavanshi vengeance and destroy evil? Where to Buy?

Latest LIC Facts

Some Very Interesting Statistics of the Corporation (Provisional Data)

 

* Total Premium Income =Rs 240, 000 Crs

* Investment Income = Rs 145, 000 Crs

* Total Income of The Corporation = Rs 385, 000 Crs (Highest todate - Growth of approx 18% over LY 2012-2013)

* Total Surplus Generated = Rs 26300 Crs (This is Profit which is going to be shared with policy holders as bonus) (approx Growth 17%)

* Total Payouts to Policyholders = Rs 165, 000 Crs (Highest todate)

* Advance Tax Paid = Rs 5108.92 Crs (LY 4221.99 Crs)

* Service Tax Paid = Rs 4022 Crs (LY 3682 Crs)

* ULIP Portfolio (as at 31.03.2014 = Rs 117, 878 Crs

* Approx ULIP Surrender in LY  = Rs 33000 Crs

* NET ULIP Surrender = Rs 13000 Crs (as portfolio swelled by Rs 20000 Crs thanks to Market surge)

* 50 out of 51 LIC ULIP Funds Outperformed CRISIL Benchmarks

* 6 LIC ULIP Funds make it to TOP 25 BEST PERFORMING ULIP Funds with
Market Plus 1 (Growth),
Future Plus (Growth)
& 
Child Fortune (Growth)

LIC occupying TOP 3 Positions !

* Average Approx yield on LIC Investment in LY 9.42%

* Equity Profit in LY = Rs 21257 Crs

* Fresh Equity Investment LY = Rs 53000 Crs

* Total MDRT 2014 Qualifiers = 8357 with 7127 Registered (Highest Globally)

* Total No of Claims Settled = Rs 2,49,00,000 (Best & Highest Ever Throughout The Globe)

* Total 31 Awards on Various Counts won by LIC in LY (Highest by Any institution todate)

 

"Proud to be a LICian