Home>Mutual Funds>L&T Mutual Fund>L&T Low Duration Fund Direct Growth

L&T Low Duration Fund Direct Growth

Debt
Low Duration
Low to Moderate Risk
6.15%
3Y annualised
0.00% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 22 Oct 2021₹23.45
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 returns4.4%6.2%6.7%7.9%
Category average5.6%4.8%5.7%NA
Rank with in category111512NA
Understand termsinfo

Holdings (42)

NameSectorInstrumentAssets
Power Finance Corporation Ltd.
FinancialBonds/NCD5.8%
GOI
SovereignCGL5.4%
FinancialNCD5.1%
ConstructionNCD4.7%
EnergyNCD3.9%
National Bank For Agriculture & Rural Development
FinancialDebenture3.9%
Reserve Bank of India
FinancialT-Bills3.7%
FinancialCD3.7%
FinancialDebenture3.5%
EngineeringNCD3.4%
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 1.21%
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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