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L&T Banking and PSU Debt Fund - Direct Plan

3 Value Research
-0.41%
Change from previous, NAV as on Sep 20, 2019
Category: Debt: Banking and PSU
Assets: R 1,291 crore (As on Aug 31, 2019)
Expense: 0.24% (As on Aug 31, 2019)
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Basic Details
Fund House: L&T Mutual Fund
Launch Date: Jan 01, 2013
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderate
Risk Grade: Below Average
Return Grade: Below Average
Type: Open-ended
Investment Details
Return since Launch: 8.42%
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 (%) 0
Performance
  YTD 1-Month 3-Month 1-Year 3-Year 5-Year 10-Year
Fund 7.06 0.53 2.74 9.55 7.67 8.31 -
CCIL T Bill Liquidity Weight 3.36 0.36 1.13 4.68 4.26 4.62 -
Category 7.41 0.49 2.44 10.74 7.80 8.49 -
Rank within Category 16 7 4 16 13 - -
Number of funds in category 17 18 18 17 15 - -
As on Sep 20, 2019
Peer Comparison
Fund Rating Launch 1-Year Ret 3-Year Ret 5-Year Ret Expense Ratio (%) Assets
(Cr)
L&T Banking and PSU Debt Fund - Direct Plan Jan-2013 9.55 7.67 8.31 0.24 1,291
Axis Banking & PSU Debt Fund - Direct Plan Jan-2013 12.28 8.57 8.64 0.29 8,325
Invesco India Banking & PSU Debt Fund - Direct Plan Jan-2013 10.32 7.66 7.85 0.25 38
Kotak Banking and PSU Debt Fund - Direct Plan Jan-2013 11.61 8.23 8.69 0.27 2,621
LIC MF Banking & PSU Debt Fund - Direct Plan Jan-2013 11.53 8.33 8.12 0.27 861
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 32 32 8 56
Modified Duration (yrs) 2.74 3.08 0.04 2.65
Average Maturity (yrs) 3.38 4.09 0.05 3.48
Yield to Maturity (%) 7.27 8.33 6.79 7.12
  Value Research Fund Style
 
Top Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  8.5% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 9.35 8.98
  9.05% HDFC 2023 Debenture AAA 0.00 - 8.86 8.76
  7.61% HUDCO 2022 Debenture AAA 0.00 - 6.29 6.29
  8.85% HDFC Bank 2099 Bonds AA+ 0.00 - 8.92 6.25
  8.7% Power Grid Corporation 2023 Bonds AAA 0.00 - 8.72 5.73
  State Bank of India 2056 Debenture AA+ 0.00 - 8.27 5.48
  7.29% SIDBI 2022 Debenture AAA 0.00 - 5.48 5.48
  7.93% NTPC 2022 Non Convertible Debenture AAA 0.00 - 8.08 4.98
  8.75% LIC Housing Fin. 2023 Debenture AAA 0.00 - 7.13 4.42
  7.6% Nat. Highways Authority 2022 Bonds AAA 0.00 - 5.03 3.94
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on Aug 31, 2019
Most Recent Dividends
  Plan Record Date Dividend
(R / Unit)
   
+ Dividend Daily Sep 19, 2019 0.0038   More...
    Sep 18, 2019 0.0039    
    Sep 09, 2019 0.0048    
    Sep 04, 2019 0.0016    
    Sep 03, 2019 0.0077    
    Aug 08, 2019 0.0016    
    Aug 07, 2019 0.0080    
    Aug 02, 2019 0.0016    
    Aug 01, 2019 0.0015    
    Jul 31, 2019 0.0143    
    Jul 30, 2019 0.0079    
    Jul 29, 2019 0.0018    
    Jul 19, 2019 0.0004    
    Jul 16, 2019 0.0016    
    Jul 15, 2019 0.0048    
    Jul 12, 2019 0.0016    
    Jul 11, 2019 0.0016    
    Jul 10, 2019 0.0016    
    Jul 09, 2019 0.0017    
    Jul 08, 2019 0.0049    
    Jul 05, 2019 0.0121    
    Jul 04, 2019 0.0107    
    Jul 03, 2019 0.0034    
    Jun 20, 2019 0.0051    
    Jun 19, 2019 0.0051    
+ Dividend Monthly Aug 26, 2019 0.0360   More...
    Jul 25, 2019 0.0360    
    Jun 25, 2019 0.0360    
    May 27, 2019 0.0360    
    Apr 25, 2019 0.0360    
    Mar 25, 2019 0.0360    
    Feb 25, 2019 0.0360    
    Jan 25, 2019 0.0360    
    Dec 26, 2018 0.0360    
    Nov 26, 2018 0.0360    
    Oct 25, 2018 0.0360    
    Sep 25, 2018 0.0360    
    Aug 27, 2018 0.0360    
    Jul 25, 2018 0.0360    
    Jun 25, 2018 0.0360    
    May 25, 2018 0.0360    
    Apr 25, 2018 0.0360    
    Mar 26, 2018 0.0361    
    Feb 26, 2018 0.0361    
    Jan 25, 2018 0.0361    
    Dec 26, 2017 0.0361    
    Nov 27, 2017 0.0361    
    Oct 25, 2017 0.0433    
    Sep 25, 2017 0.0433    
    Aug 28, 2017 0.0433    
+ Dividend Weekly Sep 09, 2019 0.0047   More...
    Sep 03, 2019 0.0106    
    Aug 26, 2019 0.0110    
    Aug 19, 2019 0.0095    
    Aug 13, 2019 0.0127    
    Aug 05, 2019 0.0259    
    Jul 29, 2019 0.0075    
    Jul 15, 2019 0.0113    
    Jul 08, 2019 0.0335    
    Jun 24, 2019 0.0040    
    Jun 17, 2019 0.0187    
    Jun 03, 2019 0.0148    
    May 27, 2019 0.0636    
    May 20, 2019 0.0361    
    May 13, 2019 0.0146    
    May 06, 2019 0.0053    
    Apr 30, 2019 0.0081    
    Apr 02, 2019 0.0680    
    Mar 25, 2019 0.0115    
    Mar 18, 2019 0.0079    
    Mar 11, 2019 0.0068    
    Mar 05, 2019 0.0095    
    Feb 25, 2019 0.0082    
    Feb 18, 2019 0.0084    
    Feb 11, 2019 0.0082    
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: 022-66554002

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: 1800-3010-6767 / 1800-419-7676 | Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com