Table of Contents 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 Below is the key information for L&T Banking and PSU Debt Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis L&T Banking And PSU Debt Fund - G
Scheme Objective
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% . NAV as on 22 Aug 23 ₹21.1435 ↓ 0.00 (-0.01 %) Net Assets (AUM) as on 31 Jul 2023 ₹4,612 Cr. Launch Date 20 Sep 2007 Category Debt - Banking & PSU Debt Rating ☆☆☆ Type Open Ended Fund Risk Moderately Low Yield To Maturity 7.43% Effective Maturity 2 Years 8 Months 26 Days Modified Duration 2 Years 4 Months 2 Days Alpha Ratio 0.0 Expense Ratio 0.61 % Sharpe Ratio -0.446 Information Ratio 0.0 Benchmark Not Available ISIN INF677K01AE7 AMC L&T Investment Management Ltd Min Investment ₹10,000 Min SIP Investment ₹1,000 Exit Load NIL NAV Price Chart
Returns
Annual Compounded Returns
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 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
Year Returns 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
Date Value 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 Asset Allocation
Asset Class Value Cash 0.9% Debt 99.1% Sector Allocation
Sector Value Government 61.44% Corporate 37.66% Cash Equivalent 0.9% Rating Value AAA 100% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity 7.38% Govt Stock 2027
Sovereign Bonds | -11% ₹483 Cr 47,500,000
↓ -3,500,000 Ntpc Limited
Debentures | -7% ₹332 Cr 32,500 Power Finance Corporation Ltd.
Debentures | -7% ₹312 Cr 3,000 5.63% Govt Stock 2026
Sovereign Bonds | -6% ₹295 Cr 30,000,000 5.74% Govt Stock 2026
Sovereign Bonds | -6% ₹277 Cr 28,500,000 Small Industries Development Bank Of India
Debentures | -5% ₹238 Cr 2,250 Rec Limited
Debentures | -5% ₹225 Cr 2,250 Indian Oil Corporation Limited
Debentures | -4% ₹203 Cr 2,000 National Bank For Agriculture And Rural Development
Debentures | -4% ₹181 Cr 1,750 National Housing Bank
Debentures | -4% ₹177 Cr 17,500
Talk to our investment specialistFund Managers
Name Since Tenure Mahesh Chhabria 26 Nov 22 0.76 Yr. Jalpan Shah 30 May 16 7.26 Yr. Custodians
Company Address Citibank N.A. India Trent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East), Registrar & Transfer Agent
Computer Age Management Services Ltd Address New No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam FAX 91-44-28283610 Email enq_L@camsonline.com Administrator Companies
Company Address HSBC Mutual Fund 16, V N Road, Fort, Mumbai 400 001 Auditors
Company Address M/s. Price Waterhouse India,252, Veer Savarkar Marg,,Next to Mayor's Bungalow, Shivaji Park,,Dadar, All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 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