1M
6M
1Y
3Y
5Y
All
| NAV: 30 Jul 2021 | ₹11.75 |
|---|---|
| Min. SIP Amount | NA |
| Rating | 2star |
|---|---|
| Fund Size | ₹264.43 Cr |
Holdings (7)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
GOI | Sovereign | GOI Sec | 20.5% |
GOI | Sovereign | GOI Sec | 19.3% |
GOI | Sovereign | GOI Sec | 18.7% |
GOI | Sovereign | GOI Sec | 10.2% |
GOI | Sovereign | GOI Sec | 9.6% |
GOI | Sovereign | GOI Sec | 9.3% |
GOI | Sovereign | GOI Sec | 0.3% |
Pros and cons
Category: Debt Gilt
Pros
- Age is more than 10 years
- 10Y Returns are higher than the category average returns
- Exit load is zero
Cons
- Higher expense ratio - 1.7%
- 3Y Returns are lower than the category average returns
- 5Y Returns are lower than the category average returns
- 1Y Returns are lower than the category average returns
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Expense ratio, exit load and tax
Expense ratio: 1.7%
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
Fund management
Shriram Ramanathan
Apr 2017 - Present
View Details
Education
Shriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA.
Experience
Prior to joining L&T Mutual Fund he has worked with FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T Ltd.
Also manages these schemes
Jalpan Shah
May 2016 - Present
View Details
Education
Mr. Shah is a B.E. (Mechanical) and holds a PGDM.
Experience
Prior to joining L&T Mutual Fund, he was associated with FIL Fund Management Private Limited (Dec 2007-Nov 2012), Lotus India Asset Management Company Private Limited (Sep 2007-Nov 2007) as a Research Analyst, UTI Asset Management Company Private Limited (July 2006-Aug 2007) as a Research Analyst and UTI Asset Management Company Private Limited(May 2004-June 2006) as a Sales & Marketing Manager.
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | #12 in India |
|---|---|
| Total AUM | 71,233.36 Cr |
| Date of Incorporation | 03 Jan 1997 |
|---|
L&T Gilt Fund IDCW Quarterly is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 03 Jan 1997. Shr
L&T Gilt Fund IDCW Quarterly is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 03 Jan 1997. Shriram Ramanathan, Jalpan Shah is the Current Fund Manager of L&T Gilt Fund IDCW Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹71,233 Cr and the Latest NAV as of 30 Jul 2021 is ₹11.75.
The L&T Gilt Fund IDCW Quarterly is rated Moderate risk. Minimum SIP Investment is set to 1000.
...Read more
Investment Objective
The fund seeks to generate returns from a portfolio that is free from credit risk and invests in gilt securities with medium to long term residual mat
The fund seeks to generate returns from a portfolio that is free from credit risk and invests in gilt securities with medium to long term residual maturity, with the average maturity of the portfolio normally not exceeding 12 years.
...Read more
| Fund benchmark | CRISIL Dynamic Gilt TRI |
|---|
Fund house contact details
Address
6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
Phone
022-66554000
Launch Date
03 Jan 1997
E-mail
[email protected]Website
NA
L&T Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
www.camsonline.comCompare funds
L&T Gilt Fund IDCW Quarterly
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