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

Item: L&T Short Term Bond Fund - Growth - Regular Plan
Rating: 5
Author: PersonalFN

₹20.2495 0.09 %Nav, as on 01-07-2020
Previous Nav
₹ 20.2322
Net Change on 01-07-2020
₹0.02
PersonalFN Rating
Category
Debt - Short Duration Fund
Assets (Cr.)
₹ 4,534.88
Expense Ratio
0.75%
(As on May 31, 2020)

Fund Overview Growth | Regular Plan

Fund House
L&T Mutual Fund
Launch Date
27-Dec-2011
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 (₹)
18.18
52 Week Low Nav Date
01-Jul-2019
52 Week High Nav (₹)
20.23
52 Week High Nav Date
30-Jun-2020

Fund Objective

To generate regular returns and capital appreciation by investing in debt, government and money market securities.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
L&T Short Term Bond Fund - Regular Plan - Growth	12.79	16.27	11.25	8.28	8.24	8.63
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
Nifty Short 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	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
L&T Short Term Bond Fund - Regular Plan - Growth	Dec 27, 2011	11.25	8.28	8.24	0.75	4,534.88
SBI SHORT TERM DEBT FUND - REGULAR PLAN -GROWTH	Jul 26, 2007	11.26	7.98	8.31	0.84	14,265.65
ICICI Prudential Short Term Fund - Growth Option	Oct 25, 2001	11.16	7.90	8.63	1.15	13,648.69
IDFC Bond Fund - Short Term Plan - Regular Plan-Growth	Dec 14, 2000	11.41	8.32	8.29	0.80	12,511.29
Kotak Bond Short Term Plan-(Growth)	May 02, 2002	10.94	8.01	8.25	1.13	10,534.43
HDFC Short Term Debt Fund - Growth Option	Jun 25, 2010	11.48	8.59	8.59	0.39	10,323.59

Fund Holdings as on 31-May-2020

Company % Assets
07.72% GOI 25-MAY-2025
8.48
07.32% GOI 28-JAN-2024
5.94
Indian Oil Corporation Limited **
5.64
National Bank for Agriculture & Rural Development **
5.01
NTPC Limited **
4.99
07.35% GOI 22-JUN-2024
4.76
State Bank Of India **
4.09
Indian Railway Finance Corporation Limited **
3.99
National Highways Authority of India **
3.45
National Highways Authority of India **
3.44
NTPC Limited **
2.85
08.20% GOI 24-SEP-2025
2.47
(b) Net Receivables/(Payables)
2.37
Small Industries Development Bank of India **
2.30
Small Industries Development Bank of India **
2.29
Kotak Mahindra Prime Limited **
2.24
Housing Development Finance Corporation Limited **
2.23
National Bank for Agriculture & Rural Development **
2.19
Export Import Bank of India
2.14
Small Industries Development Bank of India **
1.96
Reliance Industries Limited **
1.82
Larsen & Toubro Limited **
1.71
Small Industries Development Bank of India **
1.57
National Bank for Agriculture & Rural Development **
1.18
Bank of Baroda **
1.17
Hindustan Petroleum Corporation Limited **
1.16
National Highways Authority of India **
1.15
Rec Limited **
1.14
National Bank for Agriculture & Rural Development **
1.14
Indian Oil Corporation Limited **
1.14
Export Import Bank of India **
1.13
Housing Development Finance Corporation Limited **
1.12
Rent-A-Device Trust(Backed by receivables from Reliance Retail Ltd) **
0.94
Rent-A-Device Trust(Backed by receivables from Reliance Retail Ltd) **
0.93
(a) Tri Party Repo Dealing System (TREPS)/Reverse Repo
0.90
Bharat Petroleum Corporation Limited **
0.81
UltraTech Cement Limited **
0.79
Power Grid Corporation of India Limited **
0.59
National Housing Bank **
0.57
Housing Development Finance Corporation Limited **
0.56
Reliance Industries Limited **
0.56
Rent-A-Device Trust(Backed by receivables from Reliance Retail Ltd) **
0.53
Export Import Bank of India **
0.46
Hindustan Petroleum Corporation Limited **
0.34
Rent-A-Device Trust(Backed by receivables from Reliance Retail Ltd) **
0.32
Rec Limited **
0.29
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
0.25
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
0.24
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
0.24
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
0.23
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
0.23
National Housing Bank **
0.23
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
0.23
Power Finance Corporation Limited **
0.22
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
0.22
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
0.22
Bharat Petroleum Corporation Limited **
0.16
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
0.12
Indian Railway Finance Corporation Limited **
0.11
Sundaram Finance Limited **
0.11
Reliance Industries Limited **
0.08
Rec Limited **
0.06
Bajaj Finance Limited **
0.05
Sundaram Finance Limited **
0.04
Housing and Urban Development Corporation Limited **
0.02
Bharat Petroleum Corporation Limited **
0.02
Bajaj Housing Finance Limited **
0.02
Rec Limited **
0.02
Rec Limited **
0.01

Sector Holding%
Miscellaneous
68.24

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 AAA
9.31
Cash
3.27
CRISIL A1+
2.14
CRISIL AAA
58.80
CRISIL AAA(SO)
1.98
ICRA AAA
0.11
ICRA AAA(SO)
2.72
SOV
21.65

About L&T Short Term Bond Fund

Scheme Analysis

L&T Short Term Bond Fund is a Debt - Short Duration Fund fund and belongs to L&T Mutual Fund. It was launched on 27-Dec-2011 and currently has an AUM of ₹4,534.88 crore. L&T Short Term Bond Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and Nifty Short Duration Debt Index as secondary index.

The NAV of L&T Short Term Bond Fund ended up ₹0.02(0.09%)yesterday to ₹20.2495.

Among its top 3 holdings the fund has exposure to 07.72% GOI 25-MAY-2025, and

The L&T Short Term Bond 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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