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L&T Banking and PSU Debt Fund (WD)

PLAN: DT OPTIONS: DI
10.442 0.02 (0.15%)

NAV as on 28 Jun, 2017

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 Mar 2017) 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 28 Jun, 2017)

Period Returns (%) Rank #
1 mth 1.0 6
3 mth 2.3 13
6 mth 3.1 167
1 year 9.4 11
2 year 8.5 70
3 year 8.4 95
5 year 8.1 87

# Moneycontrol Rank within 207 Ultra Short Term Debt Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2017 -0.8 - - - -
2016 0.6 -0.2 0.8 -0.2 1.4
2015 0.4 0.1 0.4 0.2 1.3
2014 0.2 0.2 0.3 0.3 1.1
2013 0.4 0.1 -0.2 0.3 0.8
2012 - -0.1 - 0.1 0.2

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 1.0 2.3 3.1 9.4 8.5 8.4 8.1
Category avg 0.6 1.8 3.2 7.1 7.3 7.3 7.2
Difference of Fund returns and Category returns 0.4 0.5 -0.1 2.3 1.2 1.1 0.9
Best of category 1.2 3.8 6.0 10.1 9.8 9.8 9.8
Worst of category -0.6 -0.4 -9.3 -6.1 0.9 -11.5 5.6

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) 61.15 (Mar-31-2017)
Minimum Investment Rs.10000
Last Dividend Rs.0.00 (Jun-19-2017)
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
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 Floating Rate Inc.-STP-RP (G) Not Ranked
66.37 1.9 3.6 8.1 8.4 8.6
SBI Ultra Short Term Debt - DP (G) Rank 2
7,623.43 1.8 3.6 7.7 8.4 --
ICICI Pru Flexi Income -Direct (G) Rank 3
9,947.22 2.0 4.0 8.7 8.9 --
ICICI Pru Savings Fund -Direct (G) Not Ranked
2,287.07 2.2 4.5 9.5 9.4 --
SBI SHDF - USTF - IP (G) Not Ranked
103.65 1.8 3.6 7.6 8.3 8.6
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (May 31, 17)

Debt Rating Value
(Rs cr)
Asset %
Power Finance Corporation Limited CRISIL AAA 29.77 6.71
Export-Import Bank of India CRISIL AAA 26.49 5.97
Nuclear Power Corporation Of India Limited CRISIL AAA 26.39 5.95
Indian Railway Finance Corporation Limited CRISIL AAA 25.97 5.85
Power Grid Corporation of India Limited CRISIL AAA 25.92 5.84
NTPC Limited CRISIL AAA 25.72 5.79
Small Industries Development Bank of India CARE AAA 25.45 5.73
Small Industries Development Bank of India CARE AAA 25.38 5.72
National Bank for Agriculture & Rural Development CRISIL AAA 25.34 5.71
Rural Electrification Corporation Limited CRISIL AAA 24.69 5.56

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 87.30
Mutual Funds N.A
Money Market 0.00
Cash / Call 12.70

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Concentration

Holdings (%)
Top 5 30.32
Top 10 58.83
Sector (%)
Top 3 N.A.

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