Fund Details
L&T Low Duration Fund Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.95% |
| NAV | ₹22.01 (21 Jan 2021) |
|---|---|
| Fund Started | 04 Dec 2010 |
| Fund Size | ₹1,248 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
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. 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
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 8.0% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 4.2% |
| Aditya Birla Finance Ltd. | Financial | Debenture | 4.2% |
| Axis Bank Ltd. | Financial | CD | 3.9% |
| Export-Import Bank Of India | Financial | CD | 3.9% |
| Sikka Ports and Terminals Ltd. | Energy | Debenture | 3.5% |
| REC Ltd. | Financial | Debenture | 3.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 3.3% |
| Sundaram Finance Ltd. | Financial | NCD | 3.0% |
| LIC Housing Finance Ltd. | Financial | NCD | 3.0% |
Fund Managers
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 ₹1,248 Cr and the Latest NAV as of 21 Jan 2021 is ₹22.01.
The L&T Low Duration Fund Growth is rated 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.
