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L&T Low Duration Fund Direct Growth+0.01%

6.79%
1 Year Return
Debt
Low Duration
3.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Low Duration Fund Direct Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.30%
NAV₹22.69 (27 Jan 2021)
Fund Started01 Jan 2013
Fund Size1,248 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
6.8%
6.6%
7.7%
8.3%
Category Average
5.9%
5.0%
6.0%
-
Rank Within Category
14
15
11
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 6.8% returns per annum

Comparison

Data not available
Pros
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
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

Top Holdings

NameSectorInstrument% Assets
Reserve Bank of IndiaFinancialT-Bills8.0%
Housing Development Finance Corpn. Ltd.FinancialNCD4.2%
Aditya Birla Finance Ltd.FinancialDebenture4.2%
Axis Bank Ltd.FinancialCD3.9%
Export-Import Bank Of IndiaFinancialCD3.9%
Sikka Ports and Terminals Ltd.EnergyDebenture3.5%
REC Ltd.FinancialDebenture3.3%
Housing Development Finance Corpn. Ltd.FinancialDebenture3.3%
Sundaram Finance Ltd.FinancialNCD3.0%
LIC Housing Finance Ltd.FinancialNCD3.0%
See All

Fund Managers

Shriram Ramanathan
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Jalpan Shah
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Vikas Garg
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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 ₹1,248 Cr and the Latest NAV as of 27 Jan 2021 is ₹22.69.

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.

Scheme Information Document(SID)

₹10000
Min for First Investment
₹1000
Min for Second Investment
Nil
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
03 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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