L&T Banking and PSU Debt Fund (DD)
NAV as on 18 Oct, 2017
CRISIL MF RANK
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N.A
SNAPSHOT
Performance
Investment Info
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Not Ranked
This scheme is not ranked by CRISIL (for quarter ended Jun 2017) since it does not fulfill certain eligibility criteria of CRISIL
Returns (NAV as on 18 Oct, 2017)
| Period | Returns (%) | Rank # |
|---|---|---|
| 1 mth | 0.5 | 103 |
| 3 mth | 1.6 | 125 |
| 6 mth | 4.1 | 27 |
| 1 year | 7.1 | 124 |
| 2 year | 3.6 | 49 |
| 3 year | 4.3 | 98 |
| 5 year | 5.2 | 61 |
# 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 | - | 0.1 | - | - |
| 2016 | - | - | -0.1 | -0.6 | -0.6 |
| 2015 | - | - | - | - | - |
| 2014 | - | 0.6 | 1.9 | - | 2.7 |
| 2013 | - | 0.9 | 0.2 | - | 1.1 |
| 2012 | 0.3 | 0.3 | 0.1 | - | 0.7 |
* 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)
| 1 mth (%) | 3 mth (%) | 6 mth (%) | 1 yr (%) | 2 yr (%) | 3 yr (%) | 5yr (%) | |
| Fund Returns | 0.1 | -- | -- | 0.2 | 3.6 | 4.3 | 5.2 |
| Category avg | 0.5 | 1.7 | 3.5 | 6.6 | 7.2 | 7.2 | 7.2 |
| Difference of Fund returns and Category returns | -0.4 | -- | -- | -6.4 | -3.6 | -2.9 | -2.0 |
| Best of category | 1.2 | 3.8 | 6.8 | 9.9 | 9.9 | 10.0 | 9.6 |
| Worst of category | -0.8 | 0.4 | 1.0 | -3.2 | 2.3 | -11.6 | 6.0 |
Investment Info
Investment Objective
The investment objective of the Scheme is to seek to generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs) in India. There is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Scheme details
| Fund Type | Open-Ended |
|---|---|
| Investment Plan | Dividend |
| Launch date | Sep 09, 0007 |
| Benchmark | CRISIL Short Term Bond Fund |
| Asset Size (Rs cr) | 62.79 (Sep-30-2017) |
| Minimum Investment | Rs.10000 |
| Last Dividend | Rs.0.00 (Oct-17-2017) |
| Bonus | N.A. |
| Fund Manager | Jalpan Shah & Shriram Ramanathan View performance of schemes managed by the Fund Manager |
| Notes | L&T Low Duration Fund - Super Institutional Plan renamed as L&T Low Duration Fund w.e.f. February 11, 2013. L&T Mutual Fund has acquire Fidelity Mutual Fund. Pursuant to this all the schemes of Fidelity Mutual Fund has been renamed to L&T Mutual Fund w.e.f. November 26, 2012. Fidelity Ultra Short Term Debt Fund has been renamed as L&T Low Duration Fund w.e.f. 26-11-2012 |
Load Details
| Entry Load | N.A |
|---|---|
| Exit Load | 0.00% |
| Load Comments | N.A. |
Contact Details
| Regd. Office | 6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), 400098 |
|---|---|
| Tel. No. | 022 - 66554000 |
| Fax No. | 022 66554200 |
| 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 (%) | |||
| ICICI Pru Flexi Inc -Retail (G) | Not Ranked |
39.12 | 1.5 | 3.4 | 6.9 | 7.8 | 8.1 |
| ICICI Pru Flexi Income -Direct (G) | Rank 3 |
12,637.07 | 1.7 | 3.8 | 7.8 | 8.8 | -- |
| ICICI Pru Savings Fund Plan (G) | Rank 4 |
6,888.11 | 1.5 | 3.5 | 7.5 | 8.3 | 8.6 |
| ICICI Pru Savings Fund - A (G) | Not Ranked |
22.54 | 1.5 | 3.4 | 7.4 | 8.2 | 8.3 |
| ICICI Pru Savings Fund - B (G) | Not Ranked |
6.18 | 1.5 | 3.4 | 7.4 | 8.2 | 8.3 |
| * Returns over 1 year are Annualised | More » | ||||||
Portfolio
Top Holdings (Sep 29, 17)
| Debt | Rating | Value (Rs cr) |
Asset % |
|---|---|---|---|
| National Bank for Agriculture & Rural Development | CRISIL AAA | 4.33 | 6.90 |
| National Highways Authority of India | CRISIL AAA | 3.80 | 6.05 |
| NTPC Limited | CRISIL AAA | 3.75 | 5.97 |
| Power Finance Corporation Limited | CRISIL AAA | 3.23 | 5.14 |
| Export-Import Bank of India | CRISIL AAA | 2.89 | 4.61 |
| 08.12% GOI 10-DEC-2020 | SOVEREIGN | 2.83 | 4.51 |
| Indian Railway Finance Corporation Limited | CRISIL AAA | 2.81 | 4.48 |
| Small Industries Development Bank of India | CARE AAA | 2.75 | 4.38 |
| Rural Electrification Corporation Limited | CRISIL AAA | 2.71 | 4.31 |
| Rural Electrification Corporation Limited | CRISIL AAA | 2.69 | 4.29 |
Asset Allocation (%)(Sep 29, 17)
| Equity | 0.00 |
| Others | 0.00 |
| Debt | 81.95 |
| Mutual Funds | N.A |
| Money Market | 4.20 |
| Cash / Call | 13.85 |
Concentration
| Holdings | (%) |
|---|---|
| Top 5 | 28.67 |
| Top 10 | 50.64 |
| Sector | (%) |
|---|---|
| Top 3 | N.A. |
News & Videos
News
L&T Low Duration Fund announces change in exit load
L&T Low Duration Fund announces change in exit load, with effect from March 06, 2014.
Mar 05, 2014 at 17:51 | Source: Moneycontrol.com
-
L&T Low Duration Fund announces change in exit load
L&T Mutual Fund has announced change in exit load under L&T Low Duration Fund with effect from Augus ...
Aug 27, 2013 at 13:21 | Source: Moneycontrol.com
-
L&T Low Duration Fund announces change in exit load
L&T Mutual Fund has announced change in exit load under L&T Low Duration Fund with effect from Augus ...
Aug 20, 2013 at 15:35 | Source: Moneycontrol.com
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