L&T Low Duration Fund Direct Dividend+0.03%

3Groww
6.06%
1 Year Return
Debt
Low Duration
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

L&T Low Duration Fund Direct Dividend

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.46%
NAV10.99 (18 Oct 2019)
Fund Started01 Jan 2013
Fund Size974 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Low Duration Fund Direct Dividend
6.1%
7.1%
8.2%
8.4%
Category Average
3.0%
5.4%
6.5%
-
Rank within category
16
14
5
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 6.1% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Lower expense ratio
    3. 3Y Returns are higher than the benchmark
    4. 5Y Returns are higher than the benchmark
    Cons
    1. Risk is higher compared to the benchmark
    2. 1Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Bharat Aluminium Co. Ltd.MetalsDebenture5.1%
    Music Broadcast Ltd.ServicesDebenture4.1%
    Sikka Ports and Terminals Ltd.EnergyDebenture3.9%
    HPCL Mittal Energy Ltd.EnergyDebenture3.5%
    Amba River Coke Ltd.OthersDebenture3.5%
    Andhra Pradesh Expressway Ltd.ServicesDebenture3.5%
    Reliance Retail Ltd.ServicesSecuritised Debt2.9%
    Housing Development Finance Corpn. Ltd.FinancialDebenture2.6%
    LIC Housing Finance Ltd.FinancialDebenture2.6%
    National Bank For Agriculture & Rural DevelopmentFinancialBonds2.6%
    See All

    Fund Managers

    addShriram Ramanathan
    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.
    Funds Managed
    addVikas Garg
    Education
    Mr. Garg is CFA MBA Finance, B-Tech and M- Tech
    Experience
    Prior to joining L&T Mutual Fund he has worked with Fidelity International as Credit analyst and Research Associate- Credit, ICRA as Sr Analyst and Indian Oil Corporation Ltd as Project manager
    Funds Managed

    Other Details

    L&T Low Duration Fund Direct Dividend is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Shriram Ramanathan, Vikas Garg is the Current Fund Manager of L&T Low Duration Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹974 Cr and the Latest NAV as of 18 Oct 2019 is ₹10.99.

    The L&T Low Duration Fund Direct Dividend is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 10000. Exit load of 1% if redeemed within 3 months for investments more than 10% of the units purchased..

    Investment Objective

    The investment objective of the Scheme is 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.

    Tax Implications

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

    Scheme Information Document(SID)

    ₹10000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 1% if redeemed within 3 months for investments more than 10% of the units purchased.
    Exit Load

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    About L&T Mutual Fund

    Address
    6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
    Phone
    022-66554000
    Launch Date
    02 Jan 1997
    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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