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L&T Short Term Bond Fund Direct Plan Monthly Dividend Reinvestment Option

Debt

  

Short Duration Fund

NAV

11.641 -0.0243

as on (08 Apr, 2020)

RETURNS

6.14 %

Fund Type

Open Ended

Investment Plan

Dividend Reinvestment

Expense Ratio

0.25 %

Benchmark

CRISIL Short Term Bond Fund TR INR

Asset Size

4777.69 Cr.

(As of 30 Apr, 2019)

Risk

Moderately Low

Objective

To generate regular returns and capital appreciation by investing in debt, government and money market securities.

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Fund manager

Shriram Ramanathan

(since 30 May, 2016)

Exit load

N / A

Minimum sip

₹ 1000

minimum investment

₹ 10000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

7.37% Govt Stock 2023

5.71 %

Rural Electrification Corporation Limited

4.81 %

Housing Development Finance Corporation Limited

3.91 %

LIC Housing Finance Limited

3.84 %

Sector Allocation

About the Scheme Type

Short Duration Fund

Short Duration Mutual Funds usually have an investment horizon spanning about 1 – 3 years, with a scope to be extended to 4 years. Short Duration Mutual Funds are often accompanied by modest risks and non-volatile returns and theydo not even attract penalty on pre-mature withdrawals. These are usually beneficial for investors with lower risk appetite and offer greater post tax returns in comparison to other non-equitycounterparts of the same tenure.

Ratings

This fund is rated 4 stars by Morning Star Ratings.

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Overview of L&T Investment Management Ltd

L&T Investment Management Ltd We, at L&T Mutual Fund, follow a disciplined approach to investment and risk management for delivering superior long-term risk-adjusted performance. L&T Mutual Fund has a robust monitoring and risk management process that ensures checks and balances at every stage. Here’s a step-by-step process of our investment philosophy.

  • Generation of ideas: L&T Mutual Fund’s analysts and fund managers are actively on the hunt for identifying new ideas. For equity investing, the search spectrum includes investment team meetings, meetings with a company's management, suppliers, industry experts, regulators, external research, competitors and reports. And in the case of fixed income funds, investment ideas are born out of team strategy meetings, in-depth interaction with issuers and market participants, macro analysis and internal and external research ideas.
  • Evaluation of companies: Filters such as liquidity, market capitalisation ownership and other parameters help identify opportunities, which are then thoroughly evaluated for profitability, business attractiveness, competitive positioning, balance sheet strength, management track record, corporate governance and valuations for equities. Thorough credit or issuer analysis and macro analysis underpins the evaluation framework for identifying issuers and instruments for fixed income portfolios.
  • Manufacturing or Monitoring of portfolios: Among all the ideas that are generated and evaluated, the fund manager picks those that have the most potential. Portfolios are monitored continuously to ensure that they are positioned to meet their investment objectives and are within the set risk framework. A fund manager may decide to exit a holding on achieving the price target or for other reasons such as weakened business prospects or credit, or if better investment opportunities wait in the wings.