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L&T Banking and PSU Debt Fund (MD)

PLAN: DT OPTIONS: DI
10.724 0.01 (0.10%)

NAV as on 05 Dec, 2016

CRISIL MF RANK

Not Ranked

Riskometer

N.A

N.A

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 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
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Returns (NAV as on 05 Dec, 2016)

Period Returns (%) Rank #
1 mth 2.5 2
3 mth 4.2 2
6 mth 7.7 2
1 year 11.7 4
2 year 9.7 16
3 year 9.4 27
5 year 7.6 104

# Moneycontrol Rank within 204 Ultra Short Term Debt Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2016 0.5 - - - -
2015 0.2 -0.1 0.1 - 0.4
2014 - 0.2 0.1 0.1 0.7
2013 0.1 - 0.2 0.2 0.8
2012 - - - 0.2 0.2
2011 - - - - -

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 2.5 4.2 7.7 11.7 9.7 9.4 7.6
Category avg 0.9 2.2 4.3 8.3 7.6 7.9 7.4
Difference of Fund returns and Category returns 1.6 2.0 3.4 3.4 2.1 1.5 0.2
Best of category 2.6 4.3 8.0 12.3 11.1 10.3 10.0
Worst of category 0.4 0.7 1.3 6.0 -19.7 4.9 0.1

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 Liquid Fund
Asset Size (Rs cr) 19.13 (Sep-30-2016)
Minimum Investment Rs.5000
Last Dividend Rs.0.07 (Jul-25-2016)
Bonus N.A.
Fund Manager Jalpan Shah
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, Mafatlal Centre Nariman Point Mumbai, 400021
Tel. No. 022 - 66554000
Fax No. 022 66554200
Email investor.line@fidelity.co.in
Website http://www.lntmf.com

Peer Comparison

Ultra Short Term Debt Crisil Rank Assets (Rs.cr)
3mth (%) 6mth (%) 1yr (%) 3yr (%) 5yr (%)
SBI Ultra Short Term Bond - DP (G) Not Ranked
10,259.50 2.2 4.4 8.7 8.9 --
ICICI Pru Flexi Income -Direct (G) Not Ranked
8,945.80 2.8 5.3 9.8 9.5 --
SBI SHDF - USTF - IP (G) Not Ranked
126.54 2.1 4.3 8.5 8.8 9.0
SBI Ultra Short Term Bond - RP (G) Rank 2
2,142.62 2.1 4.3 8.5 8.8 9.0
ICICI Pru Flexi Inc -Retail (G) Not Ranked
52.30 2.5 4.9 8.8 8.4 8.6
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (Oct 28, 16)

Debt Rating Value
(Rs cr)
Asset %
07.59% GOI 11-JAN-2026 SOVEREIGN 42.42 8.39
Power Grid Corporation of India Limited CRISIL AAA 31.31 6.19
Indian Railway Finance Corporation Limited CRISIL AAA 25.62 5.07
Small Industries Development Bank of India CARE AAA 25.56 5.05
National Bank for Agriculture & Rural Development CRISIL AAA 25.40 5.02
Power Finance Corporation Limited CRISIL AAA 25.10 4.96
Axis Bank Limited CRISIL AAA 25.02 4.95
ICICI Bank Limited CARE AAA 24.99 4.94
Indian Railway Finance Corporation Limited CARE AAA 20.24 4.00
Rural Electrification Corporation Limited CRISIL AAA 15.96 3.16

Full Portfolio

Sector Allocation (Oct 28, 16)

Sector %

1-Year

HighLow

No Sector Data Available

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Asset Allocation (%)(Oct 28, 16)

Equity 0.00
Others 0.00
Debt 75.83
Mutual Funds N.A
Money Market 16.04
Cash / Call 8.13

View All

Concentration

Holdings (%)
Top 5 29.72
Top 10 51.73
Sector (%)
Top 3 N.A.

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