1M
6M
1Y
3Y
5Y
All
| NAV: 30 Jul 2021 | ₹22.47 |
|---|---|
| Min. SIP Amount | ₹1,000 |
| Rating | 2star |
|---|---|
| Fund Size | ₹848.60 Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹0 (0.00%)
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Category: Debt Low Duration
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 4.3% | 5.7% | 6.6% | 7.9% |
| Category average | 5.6% | 4.8% | 5.7% | NA |
| Rank with in category | 10 | 15 | 13 | NA |
Understand termsinfo
Holdings (31)
| 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% |
See All
Pros and cons
Category: Debt Low Duration
Pros
- 3Y Returns are higher than the category average returns
- 5Y Returns are higher than the category average returns
- 10Y Returns are higher than the category average returns
- Exit load is zero
Cons
- 1Y Returns are lower than the category average returns
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Expense ratio, exit load and tax
Expense ratio: 0.95%
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
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹10,000 |
| Min. for SIP | ₹1,000 |
Fund management
Shriram Ramanathan
Nov 2012 - 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
Mar 2020 - 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
Vikas Garg
Apr 2017 - Present
View Details
Education
Mr. Garg is CFA MBA Finance, B-Tech and M- Tech
Experience
Prior to joining Invesco India Mutual Fund, he has worked with L&T Mutual Fund as Fund Manager, Fidelity International as Credit analyst and Research Associate- Credit, ICRA as Sr Analyst and Indian Oil Corporation Ltd as Project manager.
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | #12 in India |
|---|---|
| Total AUM | 71,233.36 Cr |
| Date of Incorporation | 03 Jan 1997 |
|---|
L&T Low Duration Fund Growth is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 03 Jan 1997. Shr
L&T Low Duration Fund Growth is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 03 Jan 1997. Shriram Ramanathan, Vikas Garg is the Current Fund Manager of L&T Low Duration Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹71,233 Cr and the Latest NAV as of 30 Jul 2021 is ₹22.47.
The L&T Low Duration Fund Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000.
...Read more
Investment Objective
The scheme aims to generate reasonable returns primarily through investments in fixed income securities and money market securities.
The scheme aims to generate reasonable returns primarily through investments in fixed income securities and money market securities.
| Fund benchmark | NIFTY Low Duration Debt TRI |
|---|
Fund house contact details
Address
6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
Phone
022-66554000
Launch Date
03 Jan 1997
E-mail
[email protected]Website
NA
L&T Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
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