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L&T Banking and PSU Debt Fund Direct IDCW Weekly

Debt
Banking and PSU
Low to Moderate Risk
8.42%
3Y annualised
0.00% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 22 Oct 2021₹10.83
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 returns4.4%8.4%7.6%8.3%
Category average4.4%8.4%7.7%NA
Rank with in category91311NA
Understand termsinfo

Holdings (42)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec8.1%
GOI
SovereignGOI Sec7.5%
EnergyDebenture6.6%
EnergyDebenture5.8%
Indian Railway Finance Corporation Ltd.
FinancialDebenture5.3%
National Housing Bank
FinancialDebenture5.1%
FinancialCD4.9%
National Bank For Agriculture & Rural Development
FinancialNCD4.7%
National Bank For Agriculture & Rural Development
FinancialDebenture4.2%
Export-Import Bank Of India
FinancialCD4.0%
See All

Pros and cons

info
Category: Debt Banking and PSU
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Pros

3Y annualised returns higher than category average by 0.02%
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
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Cons

1Y and 5Y annualised returns lower than category average

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
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Jalpan Shah
May 2016 - Present
View details
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Fund house & investment objective

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Fund house contact details

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