Home>Mutual Funds>L&T Mutual Fund>L&T Banking and PSU Debt Fund Direct IDCW Monthly

L&T Banking and PSU Debt Fund Direct IDCW Monthly

Debt
Banking and PSU
Low to Moderate Risk
Payout
8.48%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 14 Oct 2021₹11.73
Min. SIP amount₹1,000
Rating3star
Fund size₹4,963.00 Cr

Returns and rankings

Category: Debt Banking and PSU
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.5%8.5%7.7%8.3%
Category average4.4%8.4%7.7%NA
Rank with in category111310NA
Understand termsinfo

Holdings (40)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec8.3%
GOI
SovereignGOI Sec8.2%
EnergyDebenture6.3%
EnergyDebenture5.6%
Indian Railway Finance Corporation Ltd.
FinancialDebenture5.1%
National Housing Bank
FinancialDebenture4.9%
FinancialCD4.7%
National Bank For Agriculture & Rural Development
FinancialNCD4.5%
National Bank For Agriculture & Rural Development
FinancialDebenture4.0%
Export-Import Bank Of India
FinancialCD3.9%
See All

Pros and cons

info
Category: Debt Banking and PSU
thumb_up_alt

Pros

1Y and 3Y annualised returns higher than category average
Exit load is zero
Lower expense ratio: 0.23%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
thumb_down_alt

Cons

5Y annualised returns lower than category average by 0.09%

Expense ratio, exit load and tax

Expense ratio: 0.23%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand termsinfo
Check past data

Minimum investment amounts

Min. for 1st investment₹10,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Shriram Ramanathan
Apr 2017 - Present
View details
keyboard_arrow_down
Jalpan Shah
May 2016 - Present
View details
keyboard_arrow_down

Fund house & investment objective

keyboard_arrow_down

Fund house contact details

keyboard_arrow_down

Compare funds

L&T Banking and PSU Debt Fund Direct IDCW Monthly
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2021 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 1.9.5
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES: ICICI PRUDENTIAL  | HDFC  | NIPPON INDIA  | ADITYA BIRLA SUN LIFE  | SBI  | UTI  | FRANKLIN TEMPLETON  | KOTAK MAHINDRA  | IDFC  | DSP  | AXIS  | TATA  | L&T  | SUNDARAM  | PGIM  | INVESCO  | LIC  | JM FINANCIAL  | BARODA PIONEER  | CANARA ROBECO  | HSBC  | IDBI  | INDIABULLS  | MOTILAL OSWAL  | BNP PARIBAS  | MIRAE ASSET  | PRINCIPAL  | BOI AXA  | UNION KBC  | TAURUS  | EDELWEISS  | NAVI  | MAHINDRA  | QUANTUM  | PPFAS  | IIFL  | Quant  | SHRIRAM  | SAHARA | ITI
arrow_drop_down_circle