(Erstwhile L&T Short Term Income Fund) Table of Contents To generate reasonable returns primarily through investments in fixed income securities and money market instruments. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns. L&T Low Duration Fund is a Debt - Low Duration fund launched on 4 Dec 10. It is a fund with Moderate risk and has given a Below is the key information for L&T Low Duration Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis L&T Low Duration Fund - G
Scheme Objective
CAGR
return of 7.4% since its launch. Ranked 13 in Low Duration
category. Return for 2023 was 7.1% , 2022 was 3.9% and 2021 was 3.4% . NAV as on 27 Mar 24 ₹25.7828 ↑ 0.00 (0.02 %) Net Assets (AUM) as on 31 Jan 2024 ₹601 Cr. Launch Date 4 Dec 2010 Category Debt - Low Duration Rating ☆☆☆ Type Open Ended Fund Risk Moderate Yield To Maturity 7.99% Effective Maturity 1 Year 6 Months 23 Days Modified Duration 9 Months 19 Days Alpha Ratio 0.0 Expense Ratio 0.84 % Sharpe Ratio 0.606 Information Ratio 0.0 Benchmark Not Available ISIN INF677K01452 AMC L&T Investment Management Ltd Min Investment ₹10,000 Min SIP Investment ₹1,000 Exit Load 0-9 Months (1%),9 Months and above(NIL) NAV Price Chart
Returns
Annual Compounded Returns
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 27 Mar 24 Duration Returns 1 Month 0.6% 3 Month 1.8% 6 Month 3.4% 1 Year 7.4% 3 Year 5.2% 5 Year 5.2% 10 Year 15 Year Since launch 7.4% Historical Annual Returns
Year Returns 2023 7.1% 2022 3.9% 2021 3.4% 2020 6.9% 2019 5.1% 2018 6.6% 2017 8.3% 2016 9.8% 2015 8.8% Growth of 10k Over Years
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹10,547 28 Feb 21 ₹11,138 28 Feb 22 ₹11,554 28 Feb 23 ₹12,049 29 Feb 24 ₹12,942 Asset Allocation
Asset Class Value Cash 43.99% Debt 55.79% Other 0.22% Sector Allocation
Sector Value Corporate 61.53% Government 30.67% Cash Equivalent 7.59% Rating Value AA 9.33% AAA 90.67% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity 8.25% Govt Stock 2033
Sovereign Bonds | -7% ₹42 Cr 4,000,000
↓ -1,000,000 7.38% Govt Stock 2027
Sovereign Bonds | -6% ₹36 Cr 3,500,000
↑ 1,000,000 Ongc Petro Additions Limited
Debentures | -4% ₹27 Cr 250 Bajaj Housing Finance Limited
Debentures | -4% ₹26 Cr 250 Rural Electrification Corporation Limited
Debentures | -4% ₹25 Cr 2,500
↑ 2,500 Bharti Telecom Limited
Debentures | -4% ₹25 Cr 250 Rural Electrification Corporation Limited
Debentures | -4% ₹25 Cr 2,500 Small Industries Development Bank Of India
Debentures | -4% ₹25 Cr 2,500 Jamnagar Utilities & Power Private Limited
Debentures | -4% ₹25 Cr 250
↑ 250 National Bank For Agriculture And Rural Development
Debentures | -4% ₹24 Cr 250
Talk to our investment specialistFund Managers
Name Since Tenure Shriram Ramanathan 24 Nov 12 11.27 Yr. Mahesh Chhabria 26 Nov 22 1.26 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 Low Duration Fund
Normal Dividend, Payout ₹10.3418
↓ -0.06 -0.01 % 2.02 % 3.58 % 3.88 % L&T Low Duration Fund
Growth ₹25.7828
↑ 0.00 3.41 % 7.41 % 5.18 % 5.23 % L&T Low Duration Fund
Normal Dividend, Reinvestment ₹10.3418
↓ -0.06 -0.01 % 2.02 % 3.58 % 3.88 % L&T Low Duration Fund
Normal Dividend, Reinvestment ₹10.0746
↓ -0.85 -4.63 % -7.32 % 2.17 % 2.9 % L&T Low Duration Fund
Annual Dividend, Payout ₹10.0746
↓ -0.85 -4.63 % -7.32 % 2.17 % 2.9 % Data as on 27 Mar 24