L&T Low Duration Fund Growth+0.08%

3
5.66%
1 Year Return
Debt
Low Duration
3.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Low Duration Fund Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.96%
NAV21.02 (03 Jul 2020)
Fund Started04 Dec 2010
Fund Size427 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Low Duration Fund Growth
5.7%
5.7%
7.3%
8.1%
Category Average
5.0%
4.4%
5.7%
-
Rank within category
20
17
13
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 5.7% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk is higher compared to the benchmark
    3. 1Y Returns are lower than the benchmark
    4. 3Y Returns are lower than the benchmark
    5. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HPCL Mittal Energy Ltd.EnergyDebenture8.4%
    Aditya Birla Fashion and Retail Ltd.ServicesDebenture6.1%
    National Highways Authority of India Ltd.ServicesNCD6.1%
    Reliance Retail Ltd.ServicesSecuritised Debt6.0%
    Bharti Telecom Ltd.CommunicationDebenture5.9%
    Jhajjar Power Ltd.EngineeringDebenture5.9%
    Tata Power Renewable Energy Ltd.EngineeringSO5.8%
    IIFL Home Finance Ltd.FinancialDebenture5.3%
    Sikka Ports and Terminals Ltd.EnergyDebenture4.1%
    Small Industries Devp. Bank of India Ltd.FinancialDebenture3.7%
    See All

    Fund Managers

    addShriram Ramanathan
    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.
    Funds Managed
    addJalpan Shah
    Education
    Mr. Shah is a B.E. (Mechanical) and holds a PGDM.
    Experience
    Prior to joining L&T, 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.
    Funds Managed
    addVikas Garg
    Education
    Mr. Garg is CFA MBA Finance, B-Tech and M- Tech
    Experience
    Prior to joining L&T Mutual Fund he has worked with Fidelity International as Credit analyst and Research Associate- Credit, ICRA as Sr Analyst and Indian Oil Corporation Ltd as Project manager
    Funds Managed

    L&T Low Duration Fund Growth Details

    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 04 Dec 2010. 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 ₹427 Cr and the Latest NAV as of 03 Jul 2020 is ₹21.02.

    The L&T Low Duration Fund Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000. Exit load of 1% if redeemed within 3 months for investments more than 10% of the units purchased.

    Investment Objective

    The investment objective of the Scheme is to generate reasonable returns primarily through investments in fixed income securities and money market instruments. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

    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
    Exit load of 1% if redeemed within 3 months for investments more than 10% of the units purchased.
    Exit Load

    Compare Funds

    L&T Low Duration Fund Growth
    VS
    search

    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,
    Similar Funds
    Data not available