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

L&T Banking And PSU Debt Fund - G

NAV  ₹21.8619 ↓ 0.00  (0.00 %) as on 23 Feb 24

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 4.9% since its launch.  Ranked 39 in Banking & PSU Debt category.  Return for 2023 was 6.5% , 2022 was 1.6% and 2021 was 3% .

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

NAV as on 23 Feb 24₹21.8619 ↓ 0.00  (0.00 %)
Net Assets (AUM) as on 31 Jan 2024 ₹4,498 Cr.
Launch Date20 Sep 2007
CategoryDebt - Banking & PSU Debt
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity7.59%
Effective Maturity2 Years 1 Month 28 Days
Modified Duration1 Year 10 Months 17 Days
Alpha Ratio0.0
Expense Ratio0.61 %
Sharpe Ratio-0.313
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 23 Feb 24

DurationReturns
1 Month 0.6%
3 Month 1.9%
6 Month 3.3%
1 Year 7.1%
3 Year 4.3%
5 Year 6.2%
10 Year
15 Year
Since launch 4.9%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 6.5%
2022 1.6%
2021 3%
2020 10.4%
2019 9.6%
2018 6.2%
2017 5.5%
2016 10.3%
2015 7.7%

Growth of 10k Over Years

DateValue
31 Jan 19₹10,000
31 Jan 20₹10,995
31 Jan 21₹11,988
31 Jan 22₹12,428
31 Jan 23₹12,639
31 Jan 24₹13,483
L&T Banking And PSU Debt Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash0.92%
Debt98.83%
Other0.26%
L&T Banking And PSU Debt Fund Asset Allocation

Sector Allocation

SectorValue
Government62.57%
Corporate36.25%
Cash Equivalent0.92%
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 | -
9%₹392 Cr38,500,000
Ntpc Limited
Debentures | -
7%₹316 Cr30,000
5.63% Govt Stock 2026
Sovereign Bonds | -
6%₹292 Cr29,500,000
↓ -500,000
Power Finance Corporation Ltd.
Debentures | -
6%₹251 Cr2,500
Small Industries Development Bank Of India
Debentures | -
5%₹229 Cr2,250
Rec Limited
Debentures | -
4%₹194 Cr2,000
National Housing Bank
Debentures | -
4%₹182 Cr17,500
National Bank For Agriculture And Rural Development
Debentures | -
4%₹174 Cr1,750
5.74% Govt Stock 2026
Sovereign Bonds | -
4%₹171 Cr17,500,000
Indian Oil Corporation Limited
Debentures | -
3%₹157 Cr1,500
1 - 10 of 45
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Fund Managers

NameSinceTenure
Mahesh Chhabria26 Nov 221.18 Yr.
Jalpan Shah30 May 167.68 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
₹21.8619
↓ 0.00
3.32 %7.1 %4.32 %6.18 %
L&T Banking and PSU Debt Fund
Daily Dividend, Reinvestment
₹11.1156
↓ 0.00
3.2 %6.91 %3.94 %5.5 %
L&T Banking and PSU Debt Fund
Monthly Dividend, Reinvestment
₹10.6751
↓ 0.00
3.38 %7.09 %4.27 %5.77 %
L&T Banking and PSU Debt Fund
Weekly Dividend, Reinvestment
₹10.3246
↓ 0.00
3.08 %6.45 %4.01 %5.44 %
L&T Banking and PSU Debt Fund
Monthly Dividend, Payout
₹10.6751
↓ 0.00
3.38 %7.09 %4.27 %5.77 %
Data as on 23 Feb 24

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