L&T Short Term Bond Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Short Duration Fund

Fund House : L&T Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 21.5106 -0.07%
(as on 26th February, 2021)

Crisil Rank

Above average performance among peers

Fund Size

: ₹ 5022.97 Cr

(3.05% of Investment in Category)

Expense Ratio

: 0.25%

(0.34% Category average)

Risk-O-Meter

Moderate

Short Duration Fund :Short Duration Fund : Fund has 94.23% investment in Debt of which 42.17% in Government securities, 52.06% in funds invested in very low risk securities..

Suitable For : Investors who want to invest for 1-3 years and are looking for alternative to bank deposits.

1M
3M
6M
1Y
2Y
5Y
ALL

This Scheme

VS

CRISIL 10 Year Gilt Index

-1.69%

-1.3%

2.27%

4.74%

9.04%

7.57%

8.14%
NA
-0.22%

0.1%

2.67%

6.76%

6.73%

7.51%

8.15%

NA
Gold

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Returns Calculator
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VIP (Value Avg)

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Returns (NAV as on 25th February, 2021)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	18-Feb-21	9998.10	-0.02%	-	-0.05%	14/26
1 Month	25-Jan-21	9977.20	-0.23%	-	-0.19%	18/26
3 Month	25-Nov-20	9980.40	-0.20%	-	0.20%	22/26
6 Month	25-Aug-20	10222.00	2.22%	-	2.65%	20/26
YTD	01-Jan-21	9944.00	-0.56%	-	-0.30%	20/26
1 Year	25-Feb-20	10776.20	7.76%	7.74%	6.86%	12/26
2 Year	25-Feb-19	11888.50	18.88%	9.02%	6.75%	12/26
3 Year	23-Feb-18	12806.90	28.07%	8.57%	6.81%	8/24
5 Year	25-Feb-16	14937.40	49.37%	8.35%	7.54%	12/24
Since Inception	01-Jan-13	19551.40	95.51%	8.57%	8.16%	12/26

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 25th February, 2021)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	25-Feb-20	12000	12360.81	3.01 %	5.58 %
2 Year	25-Feb-19	24000	25985.05	8.27 %	7.8 %
3 Year	23-Feb-18	36000	40907.44	13.63 %	8.44 %
5 Year	25-Feb-16	60000	73758.43	22.93 %	8.17 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

Portfolio (Updated on 31st Jan,2021)

No of Debt Holding 55 (Category Avg - 76.54) | Modified Duration 2.23 Years (Category Avg - 1.97)| Yield to Maturity 4.78% (Category Avg - 5.08%)

Type of Holdings

Security Type	% Weight	Category Average
GOI	42.17%	21.28%
CD	4.82%	2.19%
T-Bills	0.00%	2.89%
CP	0.00%	2.60%
NCD & Bonds	44.99%	56.02%
PTC	2.25%	0.45%

Investment / Portfolio Grades

Security Type	% Weight	Category Average
Government Backed	42.17%	24.17%
Low Risk	52.06%	58.94%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
TREPS	TREPS	5.29%
Net Receivables	Net Receivables	0.48%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th January, 2021)

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

Low volatility

1.88vs4.71

Category Avg
Sharpe Ratio
Sharpe ratio indicates how much risk was taken to generate the returns. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

2.4vs1.34

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

4.46vs0.44

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Aditya Birla Sun Life Short Term Fund - Direct Plan - Growth	3	8370.77	-0.28	0.11	3.96	10.11	9.12
ICICI Prudential Short Term Fund - Direct Fund - Growth	2	24170.26	-0.18	0.38	3.49	9.01	9.24
Axis Short Term Fund - Direct Plan - Growth	3	15693.76	-0.07	0.24	2.91	8.59	9.16
HDFC Short Term Debt Fund - Direct Plan - Growth	2	18390.00	-0.47	0.01	3.06	8.48	8.99
UTI Short Term Income Fund - Direct Plan - Growth	3	3514.13	-0.15	0.05	2.74	8.28	4.16
Nippon India Short Term Fund - Direct Plan - Growth	1	8986.66	-0.09	0.23	3.17	8.05	8.63
Kotak Bond Short Term Plan - Direct Plan - Growth	3	21024.56	-0.47	-0.24	2.74	7.99	9.04
Tata Short Term Bond Fund - Direct Plan - Growth	3	3413.67	-0.42	-0.25	2.42	7.95	6.63
BNP Paribas Short Term Fund - Direct Plan - Growth	4	545.42	-0.46	-0.26	3.02	7.72	8.24
IDFC Bond Fund - Short Term - Direct Plan - Growth	2	14298.44	-0.27	-0.23	2.07	7.70	8.75

Detailed Comparison

More Funds from L&T Mutual Fund

Out of 36 mutual fund schemes offered by this AMC, 4 is/are ranked 5 * , 5 is/are ranked 4 * , 9 is/are ranked 3 * , 4 is/are ranked 2 * , and 14 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
L&T Liquid Fund - Direct Plan - Growth	5	7393.62	0.29	0.77	1.59	3.93	5.90
L&T Triple Ace Bond Fund - Direct Plan - Growth	5	6783.23	-1.94	-1.55	1.86	6.83	9.69
L&T India Value Fund - Direct Plan - Growth	3	6312.88	8.62	20.43	31.60	27.45	8.06
L&T Midcap Fund - Direct Plan - Growth	2	5881.65	7.51	16.57	25.54	23.47	7.39
L&T Banking and PSU Debt Fund - Direct Plan - Growth	5	5485.65	-0.34	-0.31	2.33	7.71	8.64
L&T Emerging Businesses Fund - Direct Plan - Growth	2	5348.52	10.33	22.77	35.31	30.65	3.56
L&T Hybrid Equity Fund - Direct Plan - Growth	3	5340.55	5.31	12.77	22.59	21.21	9.19
L&T Short Term Bond Fund - Direct Plan - Growth	4	5022.97	-0.23	-0.20	2.22	7.74	8.57
L&T Tax Advantage Fund - Direct Plan - Growth	3	3264.60	6.10	15.16	27.05	21.82	7.11
L&T Arbitrage Opportunities Fund - Direct Plan - Growth	5	3045.87	0.28	0.91	2.00	4.78	5.98