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 4.9% since its launch. Ranked 39 in Banking & PSU Debt
category. Return for 2023 was 6.5% , 2022 was 1.6% and 2021 was 3% . NAV as on 19 Apr 24 ₹22.0762 ↓ -0.02 (-0.07 %) Net Assets (AUM) as on 15 Mar 2024 ₹4,588 Cr. Launch Date 20 Sep 2007 Category Debt - Banking & PSU Debt Rating ☆☆☆ Type Open Ended Fund Risk Moderately Low Yield To Maturity 7.57% Effective Maturity 2 Years 1 Month 2 Days Modified Duration 1 Year 9 Months 29 Days Alpha Ratio 0.0 Expense Ratio 0.61 % Sharpe Ratio 0.216 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 19 Apr 24 Duration Returns 1 Month 0.6% 3 Month 1.8% 6 Month 3.6% 1 Year 6.5% 3 Year 4.3% 5 Year 6.3% 10 Year 15 Year Since launch 4.9% Historical Annual Returns
Year Returns 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
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹11,006 31 Mar 21 ₹11,875 31 Mar 22 ₹12,362 31 Mar 23 ₹12,616 31 Mar 24 ₹13,484 Asset Allocation
Asset Class Value Cash 0.69% Debt 99.06% Other 0.25% Sector Allocation
Sector Value Government 59.36% Corporate 39.7% Cash Equivalent 0.69% Rating Value AAA 100% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity 7.38% Govt Stock 2027
Sovereign Bonds | -9% ₹395 Cr 38,500,000 Ntpc Limited
Debentures | -7% ₹319 Cr 30,000 5.63% Govt Stock 2026
Sovereign Bonds | -6% ₹294 Cr 29,500,000 Power Finance Corporation Limited
Debentures | -6% ₹253 Cr 2,500 Small Industries Development Bank Of India
Debentures | -5% ₹232 Cr 2,250 5.74% Govt Stock 2026
Sovereign Bonds | -5% ₹212 Cr 21,500,000 Rec Limited
Debentures | -4% ₹196 Cr 2,000 National Housing Bank
Debentures | -4% ₹184 Cr 17,500 National Bank For Agriculture And Rural Development
Debentures | -4% ₹175 Cr 1,750 Small Industries Development Bank Of India
Debentures | -3% ₹153 Cr 1,500
Talk to our investment specialistFund Managers
Name Since Tenure Mahesh Chhabria 26 Nov 22 1.35 Yr. Jalpan Shah 30 May 16 7.84 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 ₹22.0762
↓ -0.02 3.62 % 6.47 % 4.35 % 6.27 % L&T Banking and PSU Debt Fund
Daily Dividend, Reinvestment ₹11.1084
↓ -0.01 3.48 % 6.25 % 3.96 % 5.64 % L&T Banking and PSU Debt Fund
Monthly Dividend, Reinvestment ₹10.6388
↓ -0.01 3.6 % 6.42 % 4.31 % 5.92 % L&T Banking and PSU Debt Fund
Weekly Dividend, Reinvestment ₹10.3161
↓ -0.01 3.32 % 5.75 % 3.94 % 5.56 % L&T Banking and PSU Debt Fund
Monthly Dividend, Payout ₹10.6388
↓ -0.01 3.6 % 6.42 % 4.31 % 5.92 % Data as on 19 Apr 24