L&T Banking and PSU Debt Fund - Dividend - Regular Plan

Item: L&T Banking and PSU Debt Fund - Dividend - Regular Plan
Rating: 3
Author: PersonalFN

₹11.3996 (-0.03%)Nav, as on 22-01-2021
Previous Nav
₹ 11.4034
Net Change on 22-01-2021
₹0
PersonalFN Rating
Category
Debt - Banking and PSU Fund
Assets (Cr.)
₹ 5,707.04
Expense Ratio
0.61%
(As on Dec 31, 2020)

Fund Overview Dividend | Regular Plan

Fund House
L&T Mutual Fund
Launch Date
20-Sep-2007
Benchmark
Crisil 1 Yr T-Bill Index
Minimum Investment (₹)
10,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
1,000
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
17.23
52 Week Low Nav Date
24-Mar-2020
52 Week High Nav (₹)
19.36
52 Week High Nav Date
08-Jan-2021

Fund 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.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
L&T Banking and PSU Debt Fund - Regular Plan - Monthly Dividend Option	-2.02	4.07	8.83	7.24	6.70	4.07
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Banking and PSU Debt Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
L&T Banking and PSU Debt Fund - Regular Plan - Monthly Dividend Option	Sep 20, 2007	8.83	7.24	6.70	0.61	5,707.04
IDFC Banking & PSU Debt Fund-Regular Plan- Daily Dividend	Feb 10, 2014	9.69	8.16	6.79	0.65	17,684.76
IDFC Banking & PSU Debt Fund-Regular Plan- Dividend Option	Mar 07, 2013	4.07	7.64	6.40	0.65	17,684.76
IDFC Banking & PSU Debt Fund-Regular Plan- Fortnightly Dividend	Mar 13, 2013	9.25	7.97	6.68	0.65	17,684.76
IDFC Banking & PSU Debt Fund-Regular Plan- Monthly Dividend	Mar 13, 2013	9.25	8.06	6.75	0.65	17,684.76
IDFC Banking & PSU Debt Fund-Regular Plan- Quarterly Dividend	Mar 13, 2013	9.43	7.86	6.66	0.65	17,684.76

Fund Holdings as on 31-December-2020

Company % Assets
06.18% GOI 04-NOV-2024
14.38
07.32% GOI 28-JAN-2024
8.78
NTPC Limited **
5.93
Indian Oil Corporation Limited **
5.22
National Bank for Agriculture & Rural Development **
4.69
National Housing Bank **
4.59
(a) Tri Party Repo Dealing System (TREPS)/Reverse Repo
4.28
HDFC Bank Limited **Basel III Compliant AT 1 Bond
3.86
Indian Railway Finance Corporation Limited **
3.82
National Bank for Agriculture & Rural Development **
3.78
Hindustan Petroleum Corporation Limited **
3.74
State Bank Of India **Basel III Compliant AT 1 Bond
3.61
Export Import Bank of India
3.40
Power Finance Corporation Limited **
3.18
Housing Development Finance Corporation Limited **
2.89
Power Finance Corporation Limited **
2.37
Hindustan Petroleum Corporation Limited **
2.30
Power Grid Corporation of India Limited **
1.87
Rec Limited **
1.82
Housing Development Finance Corporation Limited **
1.73
National Housing Bank **
1.40
Power Grid Corporation of India Limited **
1.39
Housing Development Finance Corporation Limited **
1.26
Hindustan Petroleum Corporation Limited **
0.96
Small Industries Development Bank of India **
0.96
Housing and Urban Development Corporation Limited **
0.93
Indian Railway Finance Corporation Limited **
0.84
Export Import Bank of India **
0.80
National Highways Authority of India **
0.54
Power Grid Corporation of India Limited **
0.51
State Bank Of India **Basel III Compliant Tier 2 Bond
0.49
Housing Development Finance Corporation Limited **
0.48
National Bank for Agriculture & Rural Development **
0.48
National Highways Authority of India **
0.47
State Bank Of India **Basel III Compliant AT 1 Bond
0.42
Export Import Bank of India **
0.31
Power Grid Corporation of India Limited **
0.30
Indian Railway Finance Corporation Limited **
0.21
Power Grid Corporation of India Limited **
0.19
Export Import Bank of India **
0.19
Export Import Bank of India **
0.10
Indian Railway Finance Corporation Limited **
0.10
NHPC Limited **
0.10
Housing and Urban Development Corporation Limited **
0.10
07.35% GOI 22-JUN-2024
0.10
Nuclear Power Corporation Of India Limited **
0.07
(b) Net Receivables/(Payables)
0.05
Export Import Bank of India **
0.02
Export Import Bank of India **
0.01
NTPC Limited **
0.01
Export Import Bank of India **
0.00

Sector Holding%
Miscellaneous
69.01

Fund Manager

Shriram Ramanathan

Education:CFA, PGDBM, Bachelors Degree in Electrical Engineering
Experience:14 Years
Basic Details:Mr. Shriram Ramanathan has 14 years of experience .His previous assignments includes ING Investment Management Asia Pacific -Hong Kong,ING Investment Management (India) Private Limited,Zurich (India) Asset Management Company.
Funds Managed:
L&T Banking and PSU Debt Fund
L&T Overnight Fund
L&T Credit Risk Fund
L&T Flexi Bond Fund
L&T Gilt Fund
L&T Hybrid Equity Fund
L&T Liquid Fund
L&T Low Duration Fund
L&T Money Market Fund
L&T Resurgent India Bond Fund
L&T Short Term Bond Fund
L&T Triple Ace Bond Fund
L&T Ultra Short Term Fund

Jalpan Shah

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
29/12/2020
0.50
26/11/2020
0.50
27/10/2020
0.50
28/09/2020
0.50
26/08/2020
0.50
28/07/2020
0.50
26/06/2020
0.50
27/05/2020
0.50
28/04/2020
0.50
27/03/2020
0.50
26/02/2020
0.50
28/01/2020
0.50
27/12/2019
0.50
26/11/2019
0.50
29/10/2019
0.50
26/09/2019
0.50
27/08/2019
0.50
26/07/2019
0.50
26/06/2019
0.50
28/05/2019
0.50
26/04/2019
0.50
26/03/2019
0.50
26/02/2019
0.50
28/01/2019
0.50
27/12/2018
0.50
27/11/2018
0.40
26/10/2018
0.40
26/09/2018
0.40
28/08/2018
0.50
26/07/2018
0.50
26/06/2018
0.50
28/05/2018
0.50
26/04/2018
0.50
27/03/2018
0.50
27/02/2018
0.50
29/01/2018
0.50
27/12/2017
0.50
28/11/2017
0.50
26/10/2017
0.60
26/09/2017
0.60
29/08/2017
0.60
26/07/2017
0.60
26/04/2017
0.60
29/03/2017
0.50
28/02/2017
0.50
27/01/2017
0.50
27/12/2016
0.50
28/11/2016
0.50
26/10/2016
0.50
27/09/2016
0.60
26/08/2016
0.50
26/07/2016
1.00
28/06/2016
0.50
26/05/2016
0.50
26/04/2016
0.50
29/03/2016
0.50
26/02/2016
0.50
27/01/2016
0.50
29/12/2015
0.50
27/11/2015
0.50
27/10/2015
0.60
29/09/2015
0.60
26/08/2015
0.60
28/07/2015
0.70
26/06/2015
0.70
26/05/2015
0.50
28/04/2015
0.70
26/03/2015
0.60
26/02/2015
0.60
28/01/2015
0.56
29/12/2014
0.60
26/11/2014
0.60
28/10/2014
0.70
26/09/2014
0.60
26/08/2014
0.60
28/07/2014
0.60
26/06/2014
0.60
27/05/2014
0.70
28/04/2014
0.60
26/03/2014
0.90
26/02/2014
0.50
28/01/2014
0.70
27/12/2013
0.60
26/11/2013
0.50
28/10/2013
0.80
26/09/2013
0.80
27/08/2013
0.80
26/06/2013
0.50
28/05/2013
0.60
26/04/2013
0.70
26/03/2013
0.60
26/02/2013
0.60
29/01/2013
0.60
27/12/2012
0.50
30/11/2012
0.74
29/10/2012
0.44

Holding Type Holding %
CARE AAA
1.03
Cash
4.33
CRISIL AA+
7.89
CRISIL AAA
57.29
ICRA AAA
6.13
IND AAA
0.10
Sov
23.26

About L&T Banking and PSU Debt Fund

NULL

Scheme Analysis

L&T Banking and PSU Debt Fund is a Debt - Banking and PSU Fund fund and belongs to L&T Mutual Fund. It was launched on 20-Sep-2007 and currently has an AUM of ₹5,707.04 crore. L&T Banking and PSU Debt Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and NIFTY Banking and PSU Debt Index as secondary index.

The NAV of L&T Banking and PSU Debt Fund ended down ₹0(-0.03%)yesterday to ₹11.3996.

Among its top 3 holdings the fund has exposure to 06.18% GOI 04-NOV-2024, and

The L&T Banking and PSU Debt Fund is managed by Shriram Ramanathan and Jalpan Shah.

Fund House Contact

Address:

309, 3rd floor, Trade Centre, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051

Phone Number: +91 (22) 61366600

Email Address: ltmf@lntmf.com

Fax Number: +91 (22) 61366603/04

Website: www.lntmf.com

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