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L&T Banking and PSU Debt Fund

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: 0.62% (As on Aug 31, 2019)
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Basic Details
Fund House: L&T Mutual Fund
Launch Date: Sep 20, 2007
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderate
Risk Grade: Below Average
Return Grade: Below Average
Type: Open-ended
Investment Details
Return since Launch: 7.97%
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 6.75 0.50 2.64 9.12 7.20 7.77 -
CCIL T Bill Liquidity Weight 3.36 0.36 1.13 4.68 4.26 4.62 -
Category 7.14 0.46 2.34 10.36 7.43 8.13 -
Rank within Category 16 7 4 16 14 - -
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 Sep-2007 9.12 7.20 7.77 0.62 1,291
Axis Banking & PSU Debt Fund Jun-2012 11.97 8.31 8.41 0.59 8,325
IDFC Banking & PSU Debt Fund - Regular Plan Mar-2013 12.92 7.79 8.08 0.63 9,183
Invesco India Banking & PSU Debt Fund Dec-2012 9.87 7.23 7.25 0.65 38
LIC MF Banking & PSU Debt Fund May-2007 10.93 7.68 7.47 0.82 861
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 0.0037   More...
    Sep 18, 2019 0.0031    
    Sep 09, 2019 0.0043    
    Sep 04, 2019 0.0020    
    Sep 03, 2019 0.0085    
    Aug 28, 2019 0.0015    
    Aug 27, 2019 0.0015    
    Aug 26, 2019 0.0045    
    Aug 23, 2019 0.0035    
    Aug 22, 2019 0.0093    
    Aug 21, 2019 0.0100    
    Aug 08, 2019 0.0015    
    Aug 07, 2019 0.0075    
    Aug 02, 2019 0.0015    
    Aug 01, 2019 0.0015    
    Jul 31, 2019 0.0143    
    Jul 30, 2019 0.0078    
    Jul 29, 2019 0.0010    
    Jul 19, 2019 0.0002    
    Jul 16, 2019 0.0015    
    Jul 15, 2019 0.0047    
    Jul 12, 2019 0.0016    
    Jul 11, 2019 0.0014    
    Jul 10, 2019 0.0016    
    Jul 09, 2019 0.0016    
+ 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 0.0288    
    Oct 25, 2018 0.0288    
    Sep 25, 2018 0.0288    
    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 0.0043   More...
    Sep 03, 2019 0.0101    
    Aug 26, 2019 0.0104    
    Aug 19, 2019 0.0090    
    Aug 13, 2019 0.0121    
    Aug 05, 2019 0.0247    
    Jul 29, 2019 0.0071    
    Jul 15, 2019 0.0107    
    Jul 08, 2019 0.0318    
    Jun 24, 2019 0.0035    
    Jun 17, 2019 0.0182    
    Jun 03, 2019 0.0112    
    May 27, 2019 0.0367    
    May 20, 2019 0.0354    
    May 13, 2019 0.0140    
    May 06, 2019 0.0048    
    Apr 30, 2019 0.0075    
    Apr 02, 2019 0.0671    
    Mar 25, 2019 0.0110    
    Mar 18, 2019 0.0074    
    Mar 11, 2019 0.0063    
    Mar 05, 2019 0.0089    
    Feb 25, 2019 0.0076    
    Feb 18, 2019 0.0079    
    Feb 11, 2019 0.0077    
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