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L&T Low Duration Fund Direct IDCW

Debt
Low Duration
Low to Moderate Risk
5.63%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 Jan 2022₹11.10
Min. SIP amount₹1,000
Rating3
Fund size₹896.75Cr

Returns and rankings

Category: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.3%5.6%6.4%7.8%
Category average5.6%4.8%5.7%NA
Rank with in category71512NA
Understand terms

Holdings (31)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec11.4%
GOI
SovereignGOI Sec8.6%
GOI
SovereignCGL5.8%
GOI
SovereignCGL5.7%
EngineeringNCD5.0%
FinancialNCD4.7%
Tata Steel Ltd.
MetalsDebenture4.1%
FinancialSecuritised Debt3.5%
ServicesDebenture3.4%
EnergyDebenture3.0%
See All

Pros and cons

Category: Debt Low Duration

Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 1.6 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

Cons

1Y annualised returns lower than category average by 1.52%

Expense ratio, exit load and tax

Expense ratio: 0.27%

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 investment₹10,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Shriram Ramanathan
Jan 2013 - Present
View details
Jalpan Shah
Mar 2020 - Present
View details

Fund house & investment objective

Fund house contact details

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