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L&T Banking and PSU Debt Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : Banking and PSU Fund
Fund House : L&T Mutual Fund
  • NAV
    : ₹ 20.4131 -0.11%
    (as on 15th June, 2021)
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Crisil Rank
Above average performance among peers
Risk-O-Meter
Low to Moderate

Fund has 96.46% investment in Debt of which 19.88% in Government securities, 76.58% in funds invested in very low risk securities..

Crisil Rank Change : Fund Crisil rank was updated from 5 to 4 in the previous quarter.

This Scheme
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  • CRISIL 10 Year Gilt Index
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Returns (NAV as on 15th June, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 08-Jun-21 10005.10 0.05% - 0.10% 19/22
1 Month 14-May-21 10052.80 0.53% - 0.57% 12/22
3 Month 15-Mar-21 10226.10 2.26% - 2.43% 13/22
6 Month 15-Dec-20 10184.40 1.84% - 1.94% 14/20
YTD 01-Jan-21 10152.60 1.53% - 1.67% 15/21
1 Year 15-Jun-20 10656.00 6.56% 6.56% 6.65% 11/18
2 Year 14-Jun-19 11916.90 19.17% 9.14% 8.80% 5/17
3 Year 15-Jun-18 12892.50 28.93% 8.83% 9.04% 12/17
5 Year 15-Jun-16 14965.60 49.66% 8.39% 8.24% 9/17
Since Inception 01-Jan-13 19910.90 99.11% 8.48% 7.55% 14/22

SIP Returns (NAV as on 15th June, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 15-Jun-20 12000 12353.66 2.95 % 5.51 %
2 Year 14-Jun-19 24000 25973.3 8.22 % 7.79 %
3 Year 15-Jun-18 36000 40949.75 13.75 % 8.54 %
5 Year 15-Jun-16 60000 73891.25 23.15 % 8.26 %
 

Tax Treatment

Portfolio (Updated on 31st May,2021)

No of Debt Holding 47 (Category Avg - 72.27) | Modified Duration 2.03 Years (Category Avg - 2.31)| Yield to Maturity 4.76% (Category Avg - 4.75%)

Type of Holdings

Security Type
% Weight
Category Average
GOI 19.88% 12.78%
CD 4.09% 4.77%
T-Bills 0.00% 0.21%
NCD & Bonds 72.49% 70.29%
CP 0.00% 3.57%
PTC 0.00% 0.01%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 19.88% 13.00%
Low Risk 76.58% 78.46%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
TREPS TREPS 3.54%
Net Receivables Net Receivables -0.01%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st May, 2021)

  • Standard Deviation

    High volatility
    2.58vs2.01
    Category Avg
  • Beta

    High volatility
    1.35vs1.02
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    1.84vs1.33
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.04vs0.89
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -2.24vs0.36
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
HDFC Banking & PSU Debt Fund - Direct Plan - Growth 3 9581.89 0.65 2.46 2.12 7.89 9.58
Edelweiss Banking and PSU Debt Fund - Direct Plan - Growth 3 477.20 1.13 4.40 2.54 7.77 11.00
Tata Banking & PSU Debt Fund - Direct Plan - Growth 2 476.14 0.58 2.73 1.79 7.56 0.00
Aditya Birla Sun Life Banking & PSU Debt Fund - Direct Plan - Growth 3 15320.40 0.63 2.62 1.93 7.35 9.39
Kotak Banking and PSU Debt Fund - Direct Plan - Growth 3 9713.73 0.75 2.68 1.96 7.16 9.62
Nippon India Banking & PSU Debt Fund - Direct Plan - Growth 3 6364.29 0.58 2.66 2.19 7.14 9.80
ICICI Prudential Banking & PSU Debt Fund - Direct Plan - Growth 5 13920.01 0.58 2.16 2.19 7.13 8.82
IDFC Banking & PSU Debt Fund - Direct Plan - Growth 4 18546.83 0.48 2.09 2.00 6.89 10.03
PGIM India Banking & PSU Debt Fund - Direct Plan - Growth 2 94.73 0.60 2.44 2.13 6.80 9.35
Invesco India Banking & PSU Debt Fund - Direct Plan - Growth 1 465.34 0.93 4.26 2.23 6.69 8.74

More Funds from L&T Mutual Fund

Out of 35 mutual fund schemes offered by this AMC, 3 is/are ranked 5 * , 4 is/are ranked 4 * , 11 is/are ranked 3 * , 1 is/are ranked 2 * , 3 is/are ranked 1 * , and 13 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
L&T Triple Ace Bond Fund - Direct Plan - Growth 1 7911.46 0.95 3.80 1.87 6.48 10.81
L&T India Value Fund - Direct Plan - Growth 3 7182.86 9.06 9.89 25.70 74.57 12.81
L&T Liquid Fund - Direct Plan - Growth 5 6684.09 0.28 0.83 1.59 3.25 5.47
L&T Midcap Fund - Direct Plan - Growth 3 6587.31 9.20 10.20 24.84 70.46 12.24
L&T Emerging Businesses Fund - Direct Plan - Growth 1 6553.96 11.48 20.32 42.97 110.65 12.15
L&T Short Term Bond Fund - Direct Plan - Growth 3 5630.46 0.48 2.11 1.73 5.82 8.76
L&T Hybrid Equity Fund - Direct Plan - Growth 2 5475.92 5.99 6.45 14.48 47.12 10.66
L&T Banking and PSU Debt Fund - Direct Plan - Growth 4 4804.27 0.53 2.26 1.84 6.56 8.83
L&T Arbitrage Opportunities Fund - Direct Plan - Growth 5 4487.70 0.52 1.47 2.44 4.40 5.87
L&T Tax Advantage Fund - Direct Plan - Growth 3 3492.82 7.97 8.62 19.39 62.27 10.28

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