Fund Details
L&T Low Duration Fund Direct Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.30% |
| NAV | ₹23.22 (23 Jul 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹849 Cr |
Returns
Comparison
1. Lower expense ratio - 0.3%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Power Finance Corporation Ltd. | Financial | Bonds/NCD | 6.4% |
| Reserve Bank of India | Financial | T-Bills | 5.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 5.4% |
| Sikka Ports and Terminals Ltd. | Energy | Debenture | 5.2% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 5.1% |
| Tata Steel Ltd. | Metals | Debenture | 4.3% |
| Tata Capital Financial Services Ltd. | Financial | Debenture | 3.8% |
| Aditya Birla Fashion and Retail Ltd. | Services | Debenture | 3.5% |
| Muthoot Finance Ltd. | Financial | NCD | 3.2% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 3.2% |
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 ₹849 Cr and the Latest NAV as of 23 Jul 2021 is ₹23.22.
The L&T Low Duration Fund Direct Growth is rated Low to 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.
