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

Item: L&T Short Term Bond Fund - Growth - Regular Plan
Rating: 3
Author: PersonalFN

₹19.434 2.17 %Nav, as on 27-03-2020
Previous Nav
₹ 19.0206
Net Change on 27-03-2020
₹0.41
PersonalFN Rating
Category
Debt - Short Duration Fund
Assets (Cr.)
₹ 5,189.52
Expense Ratio
0.73%
(As on Feb 29, 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 (₹)
17.80
52 Week Low Nav Date
27-Mar-2019
52 Week High Nav (₹)
19.40
52 Week High Nav Date
09-Mar-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	6.18	9.00	9.15	7.54	7.76	8.38
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	9.15	7.54	7.76	0.73	5,189.52
ICICI Prudential Short Term Fund - Growth Option	Oct 25, 2001	9.21	7.28	8.05	1.15	13,470.38
IDFC Bond Fund - Short Term Plan - Regular Plan-Growth	Dec 14, 2000	9.13	7.56	7.81	0.80	12,340.94
HDFC Short Term Debt Fund - Growth Option	Jun 25, 2010	9.59	7.91	8.21	0.39	12,216.31
SBI SHORT TERM DEBT FUND - REGULAR PLAN -GROWTH	Jul 26, 2007	9.16	7.28	7.81	0.84	11,961.23
Kotak Bond Short Term Plan-(Growth)	May 02, 2002	9.09	7.29	7.79	1.13	11,559.57

Fund Holdings as on 29-February-2020

Company % Assets
07.32% GOI 28-JAN-2024
10.12
07.72% GOI 25-MAY-2025
4.62
ICICI Bank Limited
4.14
National Bank for Agriculture & Rural Development **
4.08
State Bank Of India **
3.51
Small Industries Development Bank of India **
3.47
Housing Development Finance Corporation Limited **
3.44
NTPC Limited **
3.34
Kotak Mahindra Prime Limited **
2.94
Axis Bank Limited
2.78
Reliance Industries Limited **
2.42
(b) Net Receivables/(Payables)
2.35
Axis Bank Limited
2.30
07.35% GOI 22-JUN-2024
2.03
Bajaj Finance Limited **
1.98
Small Industries Development Bank of India **
1.97
National Highways Authority of India **
1.96
Housing Development Finance Corporation Limited **
1.93
Reliance Industries Limited **
1.93
National Bank for Agriculture & Rural Development **
1.88
NTPC Limited **
1.77
Reliance Jio Infocomm Limited **
1.58
Larsen & Toubro Limited **
1.49
HDB Financial Services Limited **
1.45
HDFC Bank Limited
1.41
Kotak Mahindra Bank Limited
1.39
Small Industries Development Bank of India **
1.35
National Highways Authority of India **
1.19
HDB Financial Services Limited **
1.17
National Bank for Agriculture & Rural Development **
1.02
Bank of Baroda **
1.01
Housing Development Finance Corporation Limited **
1.00
Rec Limited **
1.00
Kotak Mahindra Prime Limited **
0.99
National Highways Authority of India **
0.98
Hindustan Petroleum Corporation Limited **
0.98
Housing Development Finance Corporation Limited **
0.97
National Bank for Agriculture & Rural Development **
0.97
Housing Development Finance Corporation Limited **
0.97
National Bank for Agriculture & Rural Development
0.92
Rent-A-Device Trust(Backed by receivables from Reliance Retail Ltd) **
0.82
Rent-A-Device Trust(Backed by receivables from Reliance Retail Ltd) **
0.81
Rent-A-Device Trust(Backed by receivables from Reliance Retail Ltd) **
0.80
Bajaj Finance Limited **
0.78
Bharat Petroleum Corporation Limited **
0.69
Power Grid Corporation of India Limited **
0.69
UltraTech Cement Limited **
0.68
Power Grid Corporation of India Limited **
0.51
National Housing Bank **
0.49
06.18% GOI 04-NOV-2024
0.49
Rec Limited **
0.49
Power Grid Corporation of India Limited **
0.49
Indian Railway Finance Corporation Limited **
0.49
Rent-A-Device Trust(Backed by receivables from Reliance Retail Ltd) **
0.46
Export Import Bank Of India **
0.41
Power Finance Corporation Limited **
0.39
Hindustan Petroleum Corporation Limited **
0.29
Rent-A-Device Trust(Backed by receivables from Reliance Retail Ltd) **
0.27
Rec Limited **
0.25
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
0.21
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
0.21
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
0.20
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
0.20
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
0.20
Power Finance Corporation Limited **
0.19
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
0.19
National Housing Bank **
0.19
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
0.19
Axis Bank Limited
0.19
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
0.19
(a) Tri Party Repo Dealing System (TREPS)/Reverse Repo
0.13
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
0.10
Sundaram Finance Limited **
0.10
Indian Railway Finance Corporation Limited **
0.10
Reliance Industries Limited **
0.07
Rec Limited **
0.05
Bajaj Finance Limited **
0.04
Bharat Petroleum Corporation Limited **
0.04
Sundaram Finance Limited **
0.03
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
Small Industries Development Bank of India **
0.01

Sector Holding%
Miscellaneous
62.29

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 ₹5,189.52 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 ₹0.41(2.17%)yesterday to ₹19.434.

Among its top 3 holdings the fund has exposure to 07.32% GOI 28-JAN-2024, 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

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
10.24
Cash
2.48
CRISIL A1 +
4.36
CRISIL AAA
51.95
CRISIL AAA(SO)
1.69
ICRA A1+
6.44
ICRA AAA
0.11
ICRA AAA(SO)
3.16
IND A1+
2.33
SOVEREIGN
17.26

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