L&T Low Duration Fund - Growth - Regular Plan

₹21.4915 0.15 %Nav, as on 08-07-2020
Previous Nav
₹ 21.4583
Net Change on 08-07-2020
₹0.03
PersonalFN Rating
Unrated
Category
Debt - Low Duration Fund
Assets (Cr.)
₹ 410.88
Expense Ratio
0.95%
(As on Jun 30, 2020)

Fund Overview Growth | Regular Plan

Fund House
L&T Mutual Fund
Launch Date
04-Dec-2010
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 (₹)
19.94
52 Week Low Nav Date
08-Jul-2019
52 Week High Nav (₹)
21.49
52 Week High Nav Date
08-Jul-2020

Fund Objective

The investment objective of the Scheme is to generate reasonable returns primarily through investments in fixed income securities and money market instruments.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
L&T Low Duration Fund-Regular Plan - Growth	40.78	11.58	7.76	6.41	7.73	8.30
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Low Duration 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	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
L&T Low Duration Fund-Regular Plan - Growth	Dec 04, 2010	Unrated	7.76	6.41	7.73	0.95	426.92
IDFC Low Duration Fund -Regular Plan- Growth	Jan 17, 2006		8.68	7.78	8.01	0.50	4,143.89
Kotak Low Duration Fund- Regular Plan-Growth Option	Mar 06, 2008		9.35	7.93	8.22	1.04	4,050.82
Nippon India Low Duration Fund- Growth Plan - Growth Option	Mar 20, 2007		8.79	7.24	7.56	1.05	2,452.10
Canara Robeco Savings Fund- Regular Plan - GROWTH	Mar 04, 2005		8.05	7.47	7.68	0.55	956.49
LIC MF Savings Fund-Regular Plan-Growth	Jun 04, 2003	Unrated	8.58	6.18	6.79	0.83	713.14

Fund Holdings as on 30-June-2020

Company % Assets
(a) Tri Party Repo Dealing System (TREPS)/Reverse Repo
9.96
HPCL-Mittal Energy Limited (Long term take or pay agreement with HPCL) **
8.79
Aditya Birla Fashion and Retail Limited **
6.53
Housing and Urban Development Corporation Limited **
6.38
National Highways Authority of India **
6.33
Rent-A-Device Trust(Backed by receivables from Reliance Retail Ltd) **
6.33
Housing Development Finance Corporation Limited **
6.21
Bharti Telecom Limited **
6.20
Tata Power Renewable Energy Limited (Corporate guarantee of Tata Power Company Ltd) **
6.15
Bank of Baroda
5.94
National Bank for Agriculture & Rural Development
5.86
Sikka Ports & Terminals Limited (erstwhile Reliance Ports & Terminals Ltd) **
4.33
Small Industries Development Bank of India **
3.81
HDB Financial Services Limited **
3.01
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
2.51
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
2.46
Housing Development Finance Corporation Limited **
2.37
IIFL Home Finance Limited **
2.22
(b) Net Receivables/(Payables)
2.07
Axis Bank Limited
1.20
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
1.09
State Bank Of India **
0.26
Dewan Housing Finance Corporation Limited ** $
0.00
Reliance Broadcast Network Limited (Letter of Comfort/DSRA Guarantee of Reliance Capital) ** $
0.00

Sector Holding%
Miscellaneous
57.41

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

Holding Type Holding %
CARE AA (CE)
6.15
CARE AAA
10.19
CARE D (LT)
0.00
Cash
12.03
CRISIL A1+
2.37
CRISIL AA
6.53
CRISIL AA+
6.46
CRISIL AAA
19.88
CRISIL AAA(SO)
6.06
ICRA A1+
1.20
ICRA AA
2.22
ICRA AA+
8.79
ICRA AAA(SO)
6.33
IND A1+
11.80

About L&T Low Duration Fund

NULL

Scheme Analysis

L&T Low Duration Fund is a Debt - Low Duration Fund fund and belongs to L&T Mutual Fund. It was launched on 04-Dec-2010 and currently has an AUM of ₹410.88 crore. L&T Low Duration Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and NIFTY Low Duration Debt Index as secondary index.

The NAV of L&T Low Duration Fund ended up ₹0.03(0.15%)yesterday to ₹21.4915.

Among its top 3 holdings the fund has exposure to (a) Tri Party Repo Dealing System (TREPS)/Reverse Repo, and

The L&T Low Duration 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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