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L&T Floating Rate Fund (MD)

PLAN: Regular OPTIONS: Monthly Dividend
11.466 0 (0.03%)

NAV as on 21 Jul, 2017

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 Mar 2017) 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 21 Jul, 2017)

Period Returns (%) Rank #
1 mth 0.7 50
3 mth 2.2 39
6 mth 3.9 43
1 year 8.6 43
2 year 6.7 50
3 year 7.0 81
5 year 8.3 22

# Moneycontrol Rank within 213 Ultra Short Term Debt Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2017 -0.5 -0.2 - - -
2016 0.6 0.1 0.6 -0.7 0.9
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

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 -- -- -0.5 -0.7 6.7 7.0 8.3
Category avg 0.7 1.9 3.2 7.1 7.4 7.4 7.3
Difference of Fund returns and Category returns -- -- -3.7 -7.8 -0.7 -0.4 1.0
Best of category 4.3 5.3 6.0 10.9 11.1 10.6 9.8
Worst of category -0.6 0.7 -6.0 -2.7 2.6 -11.5 6.2

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 Feb 08, 2005
Benchmark CRISIL Liquid Fund
Asset Size (Rs cr) 44.67 (Mar-31-2017)
Minimum Investment Rs.10000
Last Dividend Rs.0.06 (Jun-27-2017)
Bonus N.A.
Fund Manager Jalpan Shah & Vikas Garg
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 0.00%
Load Comments Exit load of 0.00%

Contact Details

Regd. Office 6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), 400098
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. - RP (G) Rank 4
9,841.75 2.0 3.4 8.0 8.0 8.1
ICICI Pru Flexi Income (G) Rank 3
11,031.67 2.1 3.8 8.4 8.8 9.1
ICICI Pru Flexi Income -Direct (G) Rank 3
9,947.22 2.1 3.9 8.6 9.0 --
Birla SL Saving - Direct (G) Rank 5
9,447.24 2.2 3.8 8.5 9.1 --
Reliance Money Mgr -Direct (G) Rank 3
9,158.97 2.0 3.7 8.0 8.7 --
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (May 31, 17)

Money Market Rating Value
(Rs cr)
Asset %
Money Market Instruments - CP,CD 299.51 47.89
Indostar Capital Finance Limited CRISIL A1+ 39.24 6.27
Dewan Housing Finance Corporation Limited CRISIL A1+ 34.71 5.55
Tata Motors Limited ICRA A1+ 33.67 5.38
Piramal Finance Limited ICRA A1+ 29.92 4.78
Shapoorji Pallonji and Company Private Limited ICRA A1+ 24.87 3.98
Jhajjar Power Limited IND A1+ 24.84 3.97
IIFL Facilities Services Limited ICRA A1+ 24.72 3.95
JM Financial Products Limited ICRA A1+ 24.46 3.91
Indiabulls Housing Finance Limited CRISIL A1+ 23.68 3.79

Full Portfolio

Sector Allocation (May 31, 17)

Sector %

1-Year

HighLow

No Sector Data Available

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Asset Allocation (%)(May 31, 17)

Equity 0.00
Others 0.00
Debt 45.00
Mutual Funds N.A
Money Market 47.89
Cash / Call 7.11

View All

Concentration

Holdings (%)
Top 5 69.87
Top 10 89.47
Sector (%)
Top 3 N.A.

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