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L&T Low Duration Fund Direct IDCW Yearly

Debt
Low Duration
Low to Moderate Risk
Payout
5.69%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 24 Jun 2022₹10.76
Min. SIP amountNA
Rating3
Fund size₹814.42Cr

Returns and rankings

Category: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.7%5.7%5.9%7.6%
Category average5.6%4.8%5.7%NA
Rank with in category51514NA
Understand terms

Holdings (30)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec12.4%
GOI
SovereignCGL10.2%
Indian Oil Corporation Ltd.EnergyDebenture5.4%
India Grid TrustCapital GoodsNCD5.1%
REC Ltd.FinancialNCD4.2%
GOI
SovereignGOI Sec4.0%
First Business Receivable TrustFinancialSecuritised Debt3.6%
Aditya Birla Fashion and Retail Ltd.ServicesDebenture3.5%
Power Finance Corporation Ltd.FinancialBonds/NCD3.0%
National Bank For Agriculture & Rural Development
FinancialDebenture3.0%
See All

Pros and cons

Category: Debt Low Duration

Pros

Cons

3Y and 5Y annualised returns higher than category average
1Y annualised returns lower than category average by 1.93%
Exit load is zero
Lower expense ratio: 0.26%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.26%

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 terms
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Shriram Ramanathan
Jan 2013 - 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
Mar 2020 - 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

Fund house contact details

Address
BrindavanPlot No. 177, CST RoadKalina, Santacruz (East) Mumbai 400098
Phone
022-66554000 / 1800-2000-400
Launch Date
25 Apr 1996
Website
NA
Amc Image
L&T Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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FAQs

How to Invest in L&T Low Duration Fund Direct IDCW Yearly?

You can easily invest in L&T Low Duration Fund Direct IDCW Yearly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for L&T Low Duration Fund Direct IDCW Yearly from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in L&T Low Duration Fund Direct IDCW Yearly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does L&T Low Duration Fund Direct IDCW Yearly provide?

The L&T Low Duration Fund Direct IDCW Yearly has been there from 25 Apr 2017 and the average annual returns provided by this fund is 3.67% since its inception.

How much expense ratio is charged by L&T Low Duration Fund Direct IDCW Yearly?

The term Expense Ratio used for L&T Low Duration Fund Direct IDCW Yearly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of L&T Low Duration Fund Direct IDCW Yearly is 0.26% as of 27 Jun 2022...

What is the AUM of L&T Low Duration Fund Direct IDCW Yearly?

The AUM, short for Assets Under Management of L&T Low Duration Fund Direct IDCW Yearly is ₹814.42Cr as of 27 Jun 2022.

How to Redeem L&T Low Duration Fund Direct IDCW Yearly?

If you want to sell your L&T Low Duration Fund Direct IDCW Yearly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of L&T Low Duration Fund Direct IDCW Yearly?

You can select either SIP or Lumpsum investment of L&T Low Duration Fund Direct IDCW Yearly based on your investment objective and risk tolerance.

What is the NAV of L&T Low Duration Fund Direct IDCW Yearly?

The NAV of L&T Low Duration Fund Direct IDCW Yearly is ₹10.76 as of 24 Jun 2022.

What is the PE and PB ratio of L&T Low Duration Fund Direct IDCW Yearly?

The PE ratio ratio of L&T Low Duration Fund Direct IDCW Yearly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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