Fund Details
L&T Low Duration Fund Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.30% |
| NAV | ₹22.94 (19 Apr 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,000 Cr |
Returns
Comparison
1. Lower expense ratio - 0.3%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 8.0% |
| Indian Oil Corpn. Ltd. | Energy | Debenture | 5.3% |
| Reserve Bank of India | Financial | T-Bills | 5.0% |
| Reserve Bank of India | Financial | T-Bills | 4.9% |
| Sikka Ports and Terminals Ltd. | Energy | Debenture | 4.3% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 4.3% |
| LIC Housing Finance Ltd. | Financial | NCD | 3.7% |
| Tata Steel Ltd. | Metals | Debenture | 3.6% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 3.5% |
| Aditya Birla Fashion and Retail Ltd. | Services | Debenture | 2.9% |
Fund Managers
L&T Low Duration Fund Direct Growth Details
L&T Low Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Shriram Ramanathan, Vikas Garg is the Current Fund Manager of L&T Low Duration Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,000 Cr and the Latest NAV as of 19 Apr 2021 is ₹22.94.
The L&T Low Duration Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000.
Investment Objective
The scheme aims to generate reasonable returns primarily through investments in fixed income securities and money market securities.
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.
