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L&T Low Duration Fund Direct IDCW

Debt
Low Duration
Low to Moderate Risk
6.20%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 14 Oct 2021₹11.12
Min. SIP amount₹1,000
Rating2star
Fund size₹1,327.41 Cr

Returns and rankings

Category: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.5%6.2%6.8%7.9%
Category average5.6%4.8%5.7%NA
Rank with in category111512NA
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Holdings (45)

NameSectorInstrumentAssets
GOI
SovereignCGL5.2%
ConstructionNCD4.8%
National Bank For Agriculture & Rural Development
FinancialDebenture4.2%
Power Finance Corporation Ltd.
FinancialBonds/NCD4.0%
EnergyNCD4.0%
Reserve Bank of India
FinancialT-Bills3.8%
FinancialCD3.8%
FinancialDebenture3.6%
EngineeringNCD3.5%
Tata Capital Financial Services Ltd.
FinancialCP3.0%
See All

Pros and cons

info
Category: Debt Low Duration
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Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 1.97 The fund has generated returns higher than benchmark - NIFTY Low Duration Debt TRI - in the last 3Y
Exit load is zero
Lower expense ratio: 0.28%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
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Cons

1Y annualised returns lower than category average by 1.1%
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.28%

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
Jan 2013 - Present
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Jalpan Shah
Mar 2020 - Present
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Vikas Garg
Apr 2017 - Present
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Fund house & investment objective

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Fund house contact details

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