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L&T Banking and PSU Debt Fund - Direct Plan

3 Value Research
-0.08%
Change from previous, NAV as on Dec 11, 2019
Category: Debt: Banking and PSU
Assets: R 2,514 crore (As on Nov 30, 2019)
Expense: 0.22% (As on Nov 30, 2019)
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Basic Details
Fund House: L&T Mutual Fund
Launch Date: Jan 01, 2013
Benchmark: NIFTY Banking and PSU Debt TRI
Riskometer: Moderate
Risk Grade: Below Average
Return Grade: Below Average
Type: Open-ended
Investment Details
Return since Launch: 8.48%
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 9.49 0.36 1.99 9.96 7.39 8.36 -
CCIL T Bill Liquidity Weight 4.17 0.27 0.89 4.43 4.16 4.53 -
Category 9.53 0.36 1.67 10.42 7.59 8.33 -
Rank within Category 16 12 3 16 13 - -
Number of funds in category 17 19 18 17 15 13 0
As on Dec 11, 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 9.96 7.39 8.36 0.22 2,514
Axis Banking & PSU Debt Fund - Direct Plan Jan-2013 11.62 8.65 8.68 0.29 11,517
Invesco India Banking & PSU Debt Fund - Direct Plan Jan-2013 10.25 7.54 7.70 0.25 49
Kotak Banking and PSU Debt Fund - Direct Plan Jan-2013 11.34 8.03 8.73 0.27 3,552
LIC MF Banking & PSU Debt Fund - Direct Plan Jan-2013 11.04 8.31 8.07 0.28 1,406
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 40 40 8 65
Modified Duration (yrs) 2.60 3.08 0.04 2.72
Average Maturity (yrs) 3.15 4.09 0.05 3.54
Yield to Maturity (%) 6.85 8.33 6.79 6.69
  Value Research Fund Style
 
Top Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  9.05% HDFC 2023 Debenture AAA 0.00 - 9.02 8.97
  8.5% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 9.87 8.43
  8.85% HDFC Bank 2099 Bonds AA+ 0.00 - 8.92 6.88
  7.6% Nat. Highways Authority 2022 Bonds AAA 0.00 - 6.14 6.14
  State Bank of India 2056 Debenture AA+ 0.00 - 8.27 5.34
  8.25% IRFC 2024 Debenture AAA 0.00 - 5.05 5.05
  6.8% HPCL 2022 Debenture AAA 0.00 - 5.02 5.02
  7.61% HUDCO 2022 Debenture AAA 0.00 - 6.29 4.88
  REC 2022 Debenture AAA 0.00 - 4.00 4.00
  8.7% Power Grid Corporation 2023 Bonds AAA 0.00 - 8.72 2.97
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on Nov 30, 2019
Most Recent Dividends
  Plan Record Date Dividend
(R / Unit)
   
+ Dividend Daily Dec 04, 2019 0.0044   More...
    Dec 02, 2019 0.0036    
    Nov 29, 2019 0.0016    
    Nov 28, 2019 0.0016    
    Nov 27, 2019 0.0027    
    Nov 26, 2019 0.0005    
    Nov 25, 2019 0.0066    
    Nov 22, 2019 0.0024    
    Nov 21, 2019 0.0018    
    Nov 20, 2019 0.0018    
    Nov 19, 2019 0.0015    
    Nov 18, 2019 0.0098    
    Nov 15, 2019 0.0045    
    Nov 14, 2019 0.0064    
    Nov 05, 2019 0.0007    
    Nov 04, 2019 0.0027    
    Nov 01, 2019 0.0017    
    Oct 31, 2019 0.0016    
    Oct 30, 2019 0.0020    
    Oct 29, 2019 0.0060    
    Oct 25, 2019 0.0032    
    Oct 24, 2019 0.0016    
    Oct 23, 2019 0.0065    
    Oct 22, 2019 0.0129    
    Oct 18, 2019 0.0092    
+ Dividend Monthly Nov 25, 2019 0.0360   More...
    Oct 25, 2019 0.0360    
    Sep 25, 2019 0.0360    
    Aug 26, 2019 0.0360    
    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    
+ Dividend Weekly Dec 02, 2019 0.0108   More...
    Nov 25, 2019 0.0108    
    Nov 18, 2019 0.0214    
    Nov 04, 2019 0.0094    
    Oct 29, 2019 0.0109    
    Oct 22, 2019 0.0248    
    Oct 14, 2019 0.0180    
    Oct 07, 2019 0.0146    
    Sep 30, 2019 0.0189    
    Sep 09, 2019 0.0047    
    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    
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