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L&T Short Term Bond Fund Direct IDCW Quarterly

Debt
Short Duration
Low to Moderate Risk
Payout
6.62%
3Y annualised
-0.05% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 13 May 2022₹11.38
Min. SIP amountNA
Rating3
Fund size₹4,025.18Cr

Returns and rankings

Category: Debt Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns2.2%6.6%6.8%7.8%
Category average4.3%6.4%6.4%NA
Rank with in category251513NA
Understand terms

Holdings (37)

NameSectorInstrumentAssets
Gujarat State
OthersSDL9.9%
GOI
SovereignCGL7.8%
GOI
SovereignCGL6.7%
Gujarat State
OthersSDL5.2%
GOI
SovereignGOI Sec5.2%
National Bank For Agriculture & Rural Development
FinancialNCD4.4%
Indian Railway Finance Corporation Ltd.FinancialDebenture4.4%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture4.1%
NTPC Ltd.EnergyDebenture4.0%
GOI
SovereignGOI Sec3.7%
See All

Pros and cons

Category: Debt Short Duration

Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 5.32 The fund has generated returns higher than benchmark - NIFTY Short Duration Debt Index B-II - in the last 3Y
Exit load is zero
Lower expense ratio: 0.27%
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 0.56%

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 investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Shriram Ramanathan
May 2016 - Present
View details

Education
Shriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA.
Experience
Prior to joining L&T Mutual Fund he has worked with FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T Ltd.
Also manages these schemes

Jalpan Shah
May 2016 - Present
View details

Education
Mr. Shah is a B.E. (Mechanical) and holds a PGDM.
Experience
Prior to joining L&T Mutual Fund, he was associated with FIL Fund Management Private Limited (Dec 2007-Nov 2012), Lotus India Asset Management Company Private Limited (Sep 2007-Nov 2007) as a Research Analyst, UTI Asset Management Company Private Limited (July 2006-Aug 2007) as a Research Analyst and UTI Asset Management Company Private Limited(May 2004-June 2006) as a Sales & Marketing Manager.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
BrindavanPlot No. 177, CST RoadKalina, Santacruz (East) Mumbai 400098
Phone
022-66554000 / 1800-2000-400
Launch Date
25 Apr 1996
Website
NA
Amc Image
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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FAQs

How to Invest in L&T Short Term Bond Fund Direct IDCW Quarterly?

You can easily invest in L&T Short Term Bond Fund Direct IDCW Quarterly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for L&T Short Term Bond Fund Direct IDCW Quarterly from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in L&T Short Term Bond Fund Direct IDCW Quarterly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does L&T Short Term Bond Fund Direct IDCW Quarterly provide?

The L&T Short Term Bond Fund Direct IDCW Quarterly has been there from 01 Jan 2013 and the average annual returns provided by this fund is 2.21% since its inception.

How much expense ratio is charged by L&T Short Term Bond Fund Direct IDCW Quarterly?

The term Expense Ratio used for L&T Short Term Bond Fund Direct IDCW Quarterly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of L&T Short Term Bond Fund Direct IDCW Quarterly is 0.27% as of 17 May 2022...

What is the AUM of L&T Short Term Bond Fund Direct IDCW Quarterly?

The AUM, short for Assets Under Management of L&T Short Term Bond Fund Direct IDCW Quarterly is ₹4,025.18Cr as of 17 May 2022.

How to Redeem L&T Short Term Bond Fund Direct IDCW Quarterly?

If you want to sell your L&T Short Term Bond Fund Direct IDCW Quarterly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of L&T Short Term Bond Fund Direct IDCW Quarterly?

You can select either SIP or Lumpsum investment of L&T Short Term Bond Fund Direct IDCW Quarterly based on your investment objective and risk tolerance.

What is the NAV of L&T Short Term Bond Fund Direct IDCW Quarterly?

The NAV of L&T Short Term Bond Fund Direct IDCW Quarterly is ₹11.38 as of 13 May 2022.

What is the PE and PB ratio of L&T Short Term Bond Fund Direct IDCW Quarterly?

The PE ratio ratio of L&T Short Term Bond Fund Direct IDCW Quarterly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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