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L&T Floating Rate Fund (WD)

PLAN: Regular OPTIONS: Weekly Dividend
12.838 0.01 (0.04%)

NAV as on 29 Jul, 2016

CRISIL MF RANK

Not Ranked

Riskometer

MODERATE

MODERATE

  • Principal at moderate risk.
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ranking by CRISIL

Not Ranked

This scheme is not ranked by CRISIL (for quarter ended Mar 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 29 Jul, 2016)

Period Returns (%) Rank #
1 mth 1.0 2
3 mth 2.3 2
6 mth 4.6 3
1 year 8.8 3
2 year 8.6 5
3 year 8.8 6
5 year 9.1 2

# Moneycontrol Rank within 10 Floating Rate Debt - Short Term Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2016 0.5 - - - -
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
2011 2.1 1.7 2.0 0.9 7.2

View where it stands within its peers

* Returns over 1 year are Annualised

Performance

Fund returns v/s Category average (Floating Rate Debt - Short Term)

* Returns over 1 year are Annualised
  1 mth (%) 3 mth (%) 6 mth (%) 1 yr (%) 2 yr (%) 3 yr (%) 5yr (%)
Fund Returns 1.0 2.3 4.6 8.8 8.6 8.8 9.1
Category avg 0.7 1.9 3.9 8.0 8.4 8.9 6.0
Difference of Fund returns and Category returns 0.3 0.4 0.7 0.8 0.2 -0.1 3.1
Best of category 1.0 2.4 4.9 9.3 9.2 10.1 10.0
Worst of category 0.4 1.5 3.0 6.5 7.1 7.7 7.9

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) 67.42 (Jun-30-2016)
Minimum Investment Rs.10000
Last Dividend Rs.0.01 (Jul-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

Floating Rate Debt - Short Term Crisil Rank Assets (Rs.cr)
3mth (%) 6mth (%) 1yr (%) 3yr (%) 5yr (%)
SBI Savings Fund - Regular (G) Not Ranked
1,541.71 2.1 4.5 8.4 8.9 9.1
JM Floater Short Term - Direct (G) Not Ranked
194.31 1.6 3.1 6.7 7.8 --
SBI Savings Fund - Direct (G) Not Ranked
123.53 2.3 4.9 9.1 9.6 --
L&T Floating Rate Fund (G) Not Ranked
67.42 2.3 4.6 8.8 8.8 9.1
L&T Floating Rate Fund -Direct (G) Not Ranked
59.18 2.4 4.9 9.3 9.1 --
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (Jun 30, 16)

Money Market Rating Value
(Rs cr)
Asset %
Money Market Instruments - CP,CD 42.29 62.72
National Bank for Agriculture & Rural Development CRISIL A1+ 6.60 9.79
Andhra Bank CARE A1+ 6.58 9.76
Yes Bank Limited ICRA A1+ 6.57 9.74
Small Industries Development Bank of India CARE A1+ 6.55 9.71
Corporation Bank CRISIL A1+ 6.29 9.33
Shapoorji Pallonji and Company Private Limited ICRA A1+ 5.36 7.95
Cholamandalam Investment and Finance Company Limited ICRA A1+ 4.34 6.44

Full Portfolio

Sector Allocation (Jun 30, 16)

Sector %

1-Year

HighLow

No Sector Data Available

View All Sectors

Asset Allocation (%)(Jun 30, 16)

Equity 0.00
Others 0.00
Debt 34.06
Mutual Funds N.A
Money Market 62.72
Cash / Call 3.22

View All

Concentration

Holdings (%)
Top 5 101.72
Top 10 125.44
Sector (%)
Top 3 N.A.

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