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L&T Floating Rate Fund (WD)

PLAN: Regular OPTIONS: Weekly Dividend
13.009 0 (0.01%)

NAV as on 22 Sep, 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 Jun 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 22 Sep, 2017)

Period Returns (%) Rank #
1 mth 0.5 43
3 mth 1.9 25
6 mth 4.0 43
1 year 8.1 40
2 year 6.6 47
3 year 6.7 78
5 year 7.9 24

# Moneycontrol Rank within 213 Ultra Short Term Debt Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2017 0.2 0.2 - - -
2016 0.5 -0.1 0.5 0.2 1.4
2015 0.3 0.1 0.4 0.2 1.2
2014 0.3 0.3 0.3 0.3 1.1
2013 0.4 - - 0.3 1.0
2012 0.4 0.3 0.2 0.3 1.5

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 0.1 0.2 0.6 1.2 6.6 6.7 7.9
Category avg 0.4 1.7 3.6 6.8 7.3 7.3 7.3
Difference of Fund returns and Category returns -0.3 -1.5 -3.0 -5.6 -0.7 -0.6 0.6
Best of category 1.2 5.3 6.8 9.9 10.5 10.2 9.7
Worst of category -0.8 -0.8 0.1 -3.1 2.4 -11.6 6.1

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) 101.63 (Jun-30-2017)
Minimum Investment Rs.10000
Last Dividend Rs.0.01 (Sep-18-2017)
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 0.50%
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 (%)
ABSL Saving - Direct (G) Rank 4
10,996.07 1.8 4.1 8.0 8.9 --
ICICI Pru Flexi Income -Direct (G) Rank 3
10,945.24 1.8 3.9 8.1 8.8 --
SBI Ultra Short Term Debt - DP (G) Rank 2
8,058.16 1.6 3.5 7.3 8.3 --
ICICI Pru Savings Fund -Direct (G) Rank 4
3,492.01 1.8 4.1 8.7 9.3 --
SBI SHDF - USTF - IP (G) Not Ranked
96.06 1.6 3.5 7.2 8.2 8.5
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (Aug 31, 17)

Debt Rating Value
(Rs cr)
Asset %
Sunny View Estates Private Limited (Shapoorji Pallonji DSRA Guarantee) ICRA AA(SO) 30.36 5.88
Manappuram Finance Limited CRISIL AA- 25.51 4.94
Future Retail Limited CARE AA- 25.49 4.93
India Infoline Housing Finance Limited CRISIL AA 25.47 4.93
Adani Transmission Limited IND AA + 25.35 4.91
IIFL Facilities Services Limited ICRA AA 20.12 3.89
Sprit Textiles Limited BWR AA-(so) 20.05 3.88
Inox Air Products Limited CRISIL AA 15.54 3.01
Yes Bank Limited ICRA AA 15.43 2.99
Inox Air Products Limited CRISIL AA 15.13 2.93

Full Portfolio

Sector Allocation (Aug 31, 17)

Sector %

1-Year

HighLow

No Sector Data Available

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Asset Allocation (%)(Aug 31, 17)

Equity 0.00
Others 0.00
Debt 56.36
Mutual Funds N.A
Money Market 36.00
Cash / Call 7.64

View All

Concentration

Holdings (%)
Top 5 25.59
Top 10 42.29
Sector (%)
Top 3 N.A.

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