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Fincash » Mutual Funds » L T Banking And PSU Debt Fund

L&T Banking And PSU Debt Fund - G

NAV  ₹21.1435 ↓ 0.00  (-0.01 %) as on 22 Aug 23

Scheme Objective

To generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs) in India.

L&T Banking and PSU Debt Fund is a Debt - Banking & PSU Debt fund launched on 20 Sep 07. It is a fund with Moderately Low risk and has given a CAGR return of 4.8% since its launch.  Ranked 39 in Banking & PSU Debt category.  Return for 2022 was 1.6% , 2021 was 3% and 2020 was 10.4% .

Below is the key information for L&T Banking and PSU Debt Fund

NAV as on 22 Aug 23₹21.1435 ↓ 0.00  (-0.01 %)
Net Assets (AUM) as on 31 Jul 2023 ₹4,612 Cr.
Launch Date20 Sep 2007
CategoryDebt - Banking & PSU Debt
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity7.43%
Effective Maturity2 Years 8 Months 26 Days
Modified Duration2 Years 4 Months 2 Days
Alpha Ratio0.0
Expense Ratio0.61 %
Sharpe Ratio-0.446
Information Ratio0.0
BenchmarkNot Available
ISININF677K01AE7
AMCL&T Investment Management Ltd
Min Investment ₹10,000
Min SIP Investment ₹1,000
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

DurationReturns
1 Month 0.2%
3 Month 0.9%
6 Month 3.6%
1 Year 5.3%
3 Year 3.9%
5 Year 6.2%
10 Year
15 Year
Since launch 4.8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 1.6%
2021 3%
2020 10.4%
2019 9.6%
2018 6.2%
2017 5.5%
2016 10.3%
2015 7.7%
2014 8.7%

Growth of 10k Over Years

DateValue
30 Sep 18₹10,000
30 Sep 19₹10,934
30 Sep 20₹12,057
30 Sep 21₹12,653
30 Sep 22₹12,717
30 Sep 23₹13,542
L&T Banking And PSU Debt Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash0.9%
Debt99.1%
L&T Banking And PSU Debt Fund Asset Allocation

Sector Allocation

SectorValue
Government61.44%
Corporate37.66%
Cash Equivalent0.9%
RatingValue
AAA100%
L&T Banking And PSU Debt Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
7.38% Govt Stock 2027
Sovereign Bonds | -
11%₹483 Cr47,500,000
↓ -3,500,000
Ntpc Limited
Debentures | -
7%₹332 Cr32,500
Power Finance Corporation Ltd.
Debentures | -
7%₹312 Cr3,000
5.63% Govt Stock 2026
Sovereign Bonds | -
6%₹295 Cr30,000,000
5.74% Govt Stock 2026
Sovereign Bonds | -
6%₹277 Cr28,500,000
Small Industries Development Bank Of India
Debentures | -
5%₹238 Cr2,250
Rec Limited
Debentures | -
5%₹225 Cr2,250
Indian Oil Corporation Limited
Debentures | -
4%₹203 Cr2,000
National Bank For Agriculture And Rural Development
Debentures | -
4%₹181 Cr1,750
National Housing Bank
Debentures | -
4%₹177 Cr17,500
1 - 10 of 43
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Fund Managers

NameSinceTenure
Mahesh Chhabria26 Nov 220.76 Yr.
Jalpan Shah30 May 167.26 Yr.

Custodians

CompanyAddress
Citibank N.A. IndiaTrent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East),

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
HSBC Mutual Fund16, V N Road, Fort, Mumbai 400 001

Auditors

CompanyAddress
M/s. Price WaterhouseIndia,252, Veer Savarkar Marg,,Next to Mayor's Bungalow, Shivaji Park,,Dadar,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
L&T Banking and PSU Debt Fund
Growth
₹21.1435
↓ 0.00
3.61 %5.33 %3.86 %6.21 %
L&T Banking and PSU Debt Fund
Daily Dividend, Reinvestment
₹11.1147
↓ 0.00
3.54 %4.88 %3.52 %5.34 %
L&T Banking and PSU Debt Fund
Monthly Dividend, Reinvestment
₹10.7385
↓ 0.00
3.59 %5.29 %3.83 %5.65 %
L&T Banking and PSU Debt Fund
Weekly Dividend, Reinvestment
₹10.3251
↓ 0.00
3.22 %4.65 %3.63 %5.34 %
L&T Banking and PSU Debt Fund
Monthly Dividend, Payout
₹10.7385
↓ 0.00
3.59 %5.29 %3.83 %5.65 %
Data as on 22 Aug 23

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.