(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 26 Jul 24 ₹26.4448 ↑ 0.01 (0.04 %) Net Assets (AUM) as on 30 Jun 2024 ₹433 Cr. Launch Date 4 Dec 2010 Category Debt - Low Duration Rating ☆☆☆ Type Open Ended Fund Risk Moderate Yield To Maturity 7.79% Effective Maturity 1 Year 4 Months 6 Days Modified Duration 10 Months 14 Days Alpha Ratio 0.0 Expense Ratio 0.84 % Sharpe Ratio 1.16 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 26 Jul 24 Duration Returns 1 Month 0.6% 3 Month 1.8% 6 Month 3.8% 1 Year 7.3% 3 Year 5.6% 5 Year 5.7% 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 30 Jun 19 ₹10,000 30 Jun 20 ₹10,562 30 Jun 21 ₹11,261 30 Jun 22 ₹11,607 30 Jun 23 ₹12,328 30 Jun 24 ₹13,232 Asset Allocation
Asset Class Value Cash 26.3% Debt 73.39% Other 0.31% Sector Allocation
Sector Value Corporate 56.75% Government 31.1% Cash Equivalent 11.85% Rating Value AA 16.34% AAA 83.66% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity Power Grid Corporation Of India Limited
Debentures | -6% ₹27 Cr 250 Small Industries Development Bank Of India
Debentures | -6% ₹27 Cr 250 Power Finance Corporation Ltd.
Debentures | -6% ₹26 Cr 250 Indian Railway Finance Corporation Limited
Debentures | -6% ₹26 Cr 2,500
↑ 2,500 Bharti Telecom Limited
Debentures | -6% ₹26 Cr 250 Rural Electrification Corporation Limited
Debentures | -6% ₹26 Cr 2,500 Ongc Petro Additions Limited
Debentures | -6% ₹26 Cr 250 Bajaj Housing Finance Limited
Debentures | -6% ₹26 Cr 250
↑ 250 National Bank For Agriculture And Rural Development
Debentures | -6% ₹25 Cr 2,500
↑ 2,500 Dlf Cyber City Developers Ltd
Debentures | -4% ₹16 Cr 150
Talk to our investment specialistFund Managers
Name Since Tenure Shriram Ramanathan 24 Nov 12 11.61 Yr. Mahesh Chhabria 26 Nov 22 1.59 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 Citibank N.A. India Trent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East), 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 ₹10.3443
↓ -0.06 3.23 % 6.64 % 5.57 % 5.32 % L&T Low Duration Fund
Growth ₹26.4448
↑ 0.01 3.82 % 7.33 % 5.59 % 5.71 % L&T Low Duration Fund
Normal Dividend, Reinvestment ₹10.3443
↓ -0.06 3.23 % 6.64 % 5.57 % 5.32 % L&T Low Duration Fund
Normal Dividend, Reinvestment ₹10.3334
↑ 0.00 3.19 % 6.68 % 5.16 % 4.93 % L&T Low Duration Fund
Annual Dividend, Payout ₹10.3334
↑ 0.00 3.19 % 6.68 % 5.16 % 4.93 % Data as on 26 Jul 24