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Fincash » Mutual Funds » L T Low Duration Fund

L&T Low Duration Fund - G

NAV  ₹25.6646 ↑ 0.02  (0.07 %) as on 4 Mar 24

(Erstwhile L&T Short Term Income Fund)

Scheme Objective

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 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% .

Below is the key information for L&T Low Duration Fund

NAV as on 4 Mar 24₹25.6646 ↑ 0.02  (0.07 %)
Net Assets (AUM) as on 31 Jan 2024 ₹601 Cr.
Launch Date4 Dec 2010
CategoryDebt - Low Duration
Rating
TypeOpen Ended Fund
RiskModerate
Yield To Maturity7.99%
Effective Maturity1 Year 6 Months 23 Days
Modified Duration9 Months 19 Days
Alpha Ratio0.0
Expense Ratio0.84 %
Sharpe Ratio0.606
Information Ratio0.0
BenchmarkNot Available
ISININF677K01452
AMCL&T Investment Management Ltd
Min Investment ₹10,000
Min SIP Investment ₹1,000
Exit Load 0-9 Months (1%),9 Months and above(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 4 Mar 24

DurationReturns
1 Month 0.6%
3 Month 1.8%
6 Month 3.4%
1 Year 7.5%
3 Year 5.1%
5 Year 5.3%
10 Year
15 Year
Since launch 7.4%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
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

DateValue
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
L&T Low Duration Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash43.99%
Debt55.79%
Other0.22%
L&T Low Duration Fund Asset Allocation

Sector Allocation

SectorValue
Corporate61.53%
Government30.67%
Cash Equivalent7.59%
RatingValue
AA9.33%
AAA90.67%
L&T Low Duration Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
8.25% Govt Stock 2033
Sovereign Bonds | -
7%₹42 Cr4,000,000
↓ -1,000,000
7.38% Govt Stock 2027
Sovereign Bonds | -
6%₹36 Cr3,500,000
↑ 1,000,000
Ongc Petro Additions Limited
Debentures | -
4%₹27 Cr250
Bajaj Housing Finance Limited
Debentures | -
4%₹26 Cr250
Rural Electrification Corporation Limited
Debentures | -
4%₹25 Cr2,500
↑ 2,500
Bharti Telecom Limited
Debentures | -
4%₹25 Cr250
Rural Electrification Corporation Limited
Debentures | -
4%₹25 Cr2,500
Small Industries Development Bank Of India
Debentures | -
4%₹25 Cr2,500
Jamnagar Utilities & Power Private Limited
Debentures | -
4%₹25 Cr250
↑ 250
National Bank For Agriculture And Rural Development
Debentures | -
4%₹24 Cr250
1 - 10 of 35
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Fund Managers

NameSinceTenure
Shriram Ramanathan24 Nov 1211.27 Yr.
Mahesh Chhabria26 Nov 221.26 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 Low Duration Fund
Normal Dividend, Payout
₹10.3568
↑ 0.01
-0.03 %3.28 %3.75 %4.06 %
L&T Low Duration Fund
Growth
₹25.6646
↑ 0.02
3.38 %7.47 %5.15 %5.31 %
L&T Low Duration Fund
Normal Dividend, Reinvestment
₹10.3568
↑ 0.01
-0.03 %3.28 %3.75 %4.06 %
L&T Low Duration Fund
Normal Dividend, Reinvestment
₹10.8745
↑ 0.01
3.38 %7.03 %4.79 %4.25 %
L&T Low Duration Fund
Annual Dividend, Payout
₹10.8745
↑ 0.01
3.38 %7.03 %4.79 %4.25 %
Data as on 4 Mar 24

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