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L&T Floating Rate Fund (MD)

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11.527 0.01 (0.05%)

NAV as on 09 Dec, 2016

CRISIL MF RANK

Not Ranked

Riskometer

MODERATE

MODERATE

  • Principal at moderate risk.
FUND FAMILY : L&T Mutual Fund FUND CLASS : Ultra Short Term Debt
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ranking by CRISIL

Not Ranked

This scheme is not ranked by CRISIL (for quarter ended Jun 2016) since it does not fulfill certain eligibility criteria of CRISIL

View Top ranked funds in other categories

Close L&T Mutual Fund has rename L&T Short Term Floating Rate Fund to L&T Floating Rate Fund with effect from October 27, 2010.
View Historic Graph From     To     

Returns (NAV as on 09 Dec, 2016)

Period Returns (%) Rank #
1 mth 0.7 55
3 mth 2.3 27
6 mth 4.9 25
1 year 9.2 51
2 year 8.8 74
3 year 8.8 95
5 year 9.1 24

# Moneycontrol Rank within Ultra Short Term Debt Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2016 0.6 - - - -
2015 0.3 -0.1 0.2 0.1 0.8
2014 0.1 0.2 0.1 0.2 0.7
2013 - 0.3 0.6 0.2 1.6
2012 0.2 0.5 0.8 1.2 3.0
2011 0.2 0.1 0.1 0.2 1.0

View where it stands within its peers

* Returns over 1 year are Annualised

* Calculation Remark - Dividends are reinvested at the rate of return

Performance

Fund returns v/s Category average (Ultra Short Term Debt)

* Returns over 1 year are Annualised
  1 mth (%) 3 mth (%) 6 mth (%) 1 yr (%) 2 yr (%) 3 yr (%) 5yr (%)
Fund Returns 0.7 2.3 4.9 9.2 8.8 8.8 9.1
Category avg 0.6 1.9 4.0 8.1 7.5 7.8 7.4
Difference of Fund returns and Category returns 0.1 0.4 0.9 1.1 1.3 1.0 1.7
Best of category 1.3 3.8 6.9 11.4 10.6 10.1 10.0
Worst of category 0.4 0.4 1.0 6.0 -19.8 4.9 6.4

Investment Info

Investment Objective

The primary objective of the Scheme is to generate regular income through investment in a portfolio comprising substantially of floating rate debt/ money market instruments, fixed rate debt / money market instruments swapped for floating rate returns, and fixed rated debt securities, Government securities and money market instruments.

Scheme details

Fund Type Open-Ended
Investment Plan Dividend
Launch date Aug 08, 2005
Benchmark CRISIL Liquid Fund
Asset Size (Rs cr) 50.75 (Sep-30-2016)
Minimum Investment Rs.10000
Last Dividend Rs.0.08 (Nov-25-2016)
Bonus N.A.
Fund Manager Shriram Ramanathan
View performance of schemes managed by the Fund Manager
Notes L&T Mutual Fund has rename L&T Short Term Floating Rate Fund to L&T Floating Rate Fund with effect from October 27, 2010.

Load Details

Entry Load N.A
Exit Load 0.50%
Load Comments Exit load of 0.50% if redeemed within 60 days from the date of allotment or purchase applying First in First out basis.

Contact Details

Regd. Office 6th Floor, Mafatlal Centre Nariman Point Mumbai , 400021
Tel. No. 022 - 66554000
Fax No. 022-66554070
Email investor.line@lntmf.co.in
Website http://www.lntmf.com

Peer Comparison

Ultra Short Term Debt Crisil Rank Assets (Rs.cr)
3mth (%) 6mth (%) 1yr (%) 3yr (%) 5yr (%)
HDFC CMF-Treasury Advan. - WP (G) Not Ranked
228.58 2.4 5.1 9.6 9.0 9.1
Reliance Money Mgr -Direct (G) Not Ranked
8,413.25 2.0 4.4 8.9 9.1 --
Reliance Medium Term - Direct (G) Not Ranked
5,335.43 2.3 5.1 9.8 9.5 --
Reliance Money Manager (G) Rank 3
7,650.06 1.9 4.2 8.6 8.7 9.1
Reliance Money Mgr-RP (G) Not Ranked
144.08 1.8 4.0 8.1 8.4 8.7
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (Nov 30, 16)

Money Market Rating Value
(Rs cr)
Asset %
Money Market Instruments - CP,CD 35.82 54.59
National Bank for Agriculture & Rural Development CRISIL A1+ 6.91 10.53
Small Industries Development Bank of India CARE A1+ 6.86 10.46
Corporation Bank CRISIL A1+ 6.38 9.73
Yes Bank Limited ICRA A1+ 5.90 8.99
Manappuram Finance Limited ICRA A1+ 4.90 7.47
Shapoorji Pallonji and Company Private Limited ICRA A1+ 4.86 7.41

Full Portfolio

Sector Allocation (Nov 30, 16)

Sector %

1-Year

HighLow

No Sector Data Available

View All Sectors

Asset Allocation (%)(Nov 30, 16)

Equity 0.00
Others 0.00
Debt 33.21
Mutual Funds N.A
Money Market 54.59
Cash / Call 12.20

View All

Concentration

Holdings (%)
Top 5 94.30
Top 10 109.18
Sector (%)
Top 3 N.A.

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