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

3 Value Research
0.01%
Change from previous, NAV as on Apr 18, 2019
Category: Debt: Low Duration
Assets: R 1,135 crore (As on Mar 31, 2019)
Expense: 0.97% (As on Mar 31, 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: 8.68%
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 2.51 0.73 2.03 7.18 8.10 8.69 -
CCIL T Bill Liquidity Weight 1.43 0.36 1.11 4.37 4.30 4.73 -
Category 2.42 0.63 1.95 7.41 7.42 7.84 -
Rank within Category 10 2 9 20 2 2 -
Number of funds in category 26 26 26 26 25 23 -
As on Apr 18, 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 7.18 8.10 8.69 0.97 1,135
Axis Treasury Advantage Fund Oct-2009 7.77 7.37 7.84 0.55 1,344
Baroda Treasury Advantage Fund Jun-2009 6.39 7.49 8.18 0.90 571
Franklin India Low Duration Fund Jul-2010 8.53 8.88 9.21 0.78 6,924
Kotak Low Duration Fund - Standard Plan Mar-2008 7.77 7.83 8.50 1.07 4,527
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 48 55 45 49
Modified Duration (yrs) 0.89 1.07 0.70 0.76
Average Maturity (yrs) 1.12 1.23 0.88 0.90
Yield to Maturity (%) 9.01 9.81 8.82 8.55
  Value Research Fund Style
 
Top Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  Bharat Aluminium Co. 2020 Debenture AA- 5.72 - 7.42 7.42
  10.9% DLF Promenad 2021 Debenture AA 0.00 - 6.66 6.66
  10.9% DLF Emporio 2021 Bonds/NCDs AA 0.00 - 4.43 4.43
  8.9% Indostar Capital Finance 2019 Debenture AA- 3.41 - 4.39 4.39
  8.33% Hinduja Leyland Finance 2019 Non Convertible Debenture AA- 3.41 - 4.39 4.39
  Reliance Retail Ltd. 2019 Securitised Debt AAA 0.00 - 5.43 4.18
  8.65% Amba River Coke 2020 Debenture AA 0.00 - 3.68 3.68
  9.7% Music Broadcast 2020 Debenture AA 2.75 - 3.56 3.56
  8.4% Aadhar Housing Finance 2019 Non Convertible Debenture AA 0.00 - 3.51 3.51
  10.25% Sikka Ports and Terminals 2021 Debenture AAA 0.00 - 3.37 3.37
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on Mar 31, 2019
Most Recent Dividends
  Plan Record Date Dividend
(R / Unit)
   
+ Dividend Mar 25, 2019 0.0432   More...
    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    
    May 25, 2017 0.0506    
    Apr 25, 2017 0.0578    
    Mar 27, 2017 0.0433    
+ 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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