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L&T Low Duration Fund
(Erstwhile L&T Short Term Income)

3 Value Research
0.11%
Change from previous, NAV as on Jul 16, 2019
Category: Debt: Low Duration
Assets: R 1,041 crore (As on Jun 30, 2019)
Expense: 0.95% (As on Jun 30, 2019)
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Basic Details
Fund House: L&T Mutual Fund
Launch Date: Dec 04, 2010
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderate
Risk Grade: High
Return Grade: Above Average
Type: Open-ended
Investment Details
Return since Launch: 8.38%
Minimum Investment (R) 10,000
Minimum Addl Investment (R) 1,000
Minimum Withdrawal (R) 500
Minimum SWP Withdrawal (R) 500
Minimum Balance (R) 500
Exit Load (%) For units in excess of 10% of the investment,1% will be charged for redemption within 90 days
Performance
  YTD 1-Month 3-Month 1-Year 3-Year 5-Year 10-Year
Fund 2.15 0.89 -0.34 5.60 7.20 8.09 -
CCIL T Bill Liquidity Weight 2.53 0.38 1.13 4.56 4.23 4.67 -
Category -0.18 0.96 -2.53 3.22 5.68 6.68 -
Rank within Category 16 13 16 16 11 4 -
Number of funds in category 26 26 26 26 25 23 -
As on Jul 16, 2019
Peer Comparison
Fund Rating Launch 1-Year Ret 3-Year Ret 5-Year Ret Expense Ratio (%) Assets
(Cr)
L&T Low Duration Fund Dec-2010 5.60 7.20 8.09 0.95 1,041
Axis Treasury Advantage Fund Oct-2009 8.67 7.48 7.90 0.58 1,317
Franklin India Low Duration Fund Jul-2010 8.45 8.55 9.01 0.88 6,632
Kotak Low Duration Fund - Standard Plan Mar-2008 7.91 7.64 8.42 1.06 5,018
SBI Magnum Low Duration Fund Jul-2007 8.44 7.48 7.99 0.64 7,262
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 45 53 44 47
Modified Duration (yrs) 0.83 0.89 0.70 0.67
Average Maturity (yrs) 1.02 1.21 0.88 0.78
Yield to Maturity (%) 8.71 9.81 8.71 8.06
  Value Research Fund Style
 
Top Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  Bharat Aluminium Co. 2020 Debenture AA- 5.72 - 8.12 8.12
  8.33% Hinduja Leyland Finance 2019 Non Convertible Debenture AA- 3.41 - 4.80 4.80
  8.9% Indostar Capital Finance 2019 Debenture AA- 3.41 - 4.79 4.79
  9.7% Music Broadcast 2020 Debenture AA 2.75 - 3.87 3.87
  10.25% Sikka Ports and Terminals 2021 Debenture AAA 0.00 - 3.66 3.66
  8.65% Amba River Coke 2020 Debenture AA 0.00 - 3.78 3.27
  4% HPCL Mittal Energy 2020 Debenture AA+ 0.00 - 3.23 3.23
  8.75% HDFC 2021 Debenture AAA 0.00 - 2.42 2.42
  8.65% LIC Housing Fin. 2020 Debenture AAA 0.00 - 2.42 2.42
  9.48% Tata Power 2019 Non Convertible Debenture AA 1.73 - 2.41 2.41
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on Jun 30, 2019
Most Recent Dividends
  Plan Record Date Dividend
(R / Unit)
   
+ Dividend Jun 25, 2019 0.0432   More...
    May 27, 2019 0.0432    
    Apr 25, 2019 0.0432    
    Mar 25, 2019 0.0432    
    Feb 25, 2019 0.0432    
    Jan 25, 2019 0.0432    
    Dec 26, 2018 0.0432    
    Nov 26, 2018 0.0432    
    Oct 25, 2018 0.0432    
    Sep 25, 2018 0.0432    
    Aug 27, 2018 0.0432    
    Jul 25, 2018 0.0432    
    Jun 25, 2018 0.0432    
    May 25, 2018 0.0432    
    Apr 25, 2018 0.0432    
    Mar 26, 2018 0.0433    
    Feb 26, 2018 0.0506    
    Jan 25, 2018 0.0506    
    Dec 26, 2017 0.0506    
    Nov 27, 2017 0.0506    
    Oct 25, 2017 0.0506    
    Sep 25, 2017 0.0506    
    Aug 28, 2017 0.0506    
    Jul 25, 2017 0.0506    
    Jun 27, 2017 0.0506    
+ Dividend Yearly Mar 22, 2019 0.5042   More...
    Mar 23, 2018 0.5056    
    Mar 23, 2017 0.1806    
News and Analysis
Contact Information

AMC: L&T Investment Management Ltd

Address: Brindavan Plot No. 177, CST Road Kalina, Santacruz (East) Mumbai - 400098 | Phone: 022-66554000, 1800 2000 400 | Fax: 022- 6655 4002

Email: [email protected]

Website: www.lntmf.com



Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002 | Phone: 180030106767/18004197676 | Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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