HomeMutual FundsL&T Banking & PSU Debt fund Direct Plan Growth Option

Overview (as on 25 Nov 2020)

NAV

₹20.0239

1y returns

10.698%

Fund AUM

₹4,472 Cr

Expense Ratio

0.21%

Min SIP

₹1,000

Min Lumpsum

₹10,000

Fund Performance

Calculator

Monthly SIP
Lumpsum

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For Time Period
5 years
Total investment
₹0
Pre-Tax
Post-Tax
L&T Banking & PSU Debt fund Direct Plan Growth Option
₹0
3.77% projected returns
Axis Banking & PSU Debt Fund Direct Plan Growth Option
₹0
3.46% projected returns
HDFC Banking & PSU Debt Fund Direct Plan Growth Option
₹0
3.98% projected returns
ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth
₹0
3.87% projected returns
IDFC Banking & PSU Debt Fund Direct Growth
₹0
3.55% projected returns
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth
₹0
3.33% projected returns

Asset Allocation

Debt & Cash (100.00%)
Sector Allocation
Government
64.31%
Corporate
24.84%
Cash Equivalent
10.84%
Debt Credit Ratings
AAA
91.08%
AA
8.92%

Key Metrics

Modified Duration 

2.35 yr

Average Maturity 

2.75 yr

Yield to Maturity 

5.27%

Top 10 Holdings

All
Equity
Debt & Cash

  • Holding Name

    Type

    Holding Percentage

  • 7.32% Govt Stock 2024

    SOVEREIGN

    Debt

    14.74%

  • 6.18% Govt Stock 2024

    SOVEREIGN

    Debt

    8.41%

  • NTPC Limited

    CRISIL AAA

    Debt

    7.47%

  • (A) Tri Party Repo Dealing System (Treps)/Reverse Repo

    Cash

    6.70%

  • Indian Oil Corporation Limited

    CRISIL AAA

    Debt

    6.57%

Fund Details

Investment Objectives
"To generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs) in India.There is no assurance that the investment objective of the scheme will be realized."
Scheme Name
L&T Banking & PSU Debt fund Direct Plan Growth Option
Scheme Document
Click Here
Exit Load

After 0 Years : 0%

Plan Started
01 January, 2013
Fund Manager
Jalpan Shah
Fund House Details
Fund House
L&T Investment Management Ltd
Email
NA
Phone
+912266554070
Address
L&T Investment Management Limited,6th Floor, Mafatlal Centre,,Nariman Point

Other Related Plans

Fund NamePlan TypeExpense Ratio1yr Returns
L&T Banking & PSU Debt fund Direct Plan Daily Dividend Reinvestment Option
Direct0.21%10.04%
L&T Banking & PSU Debt fund Direct Plan Monthly Dividend Reinvestment Option
Direct0.21%9.66%
L&T Banking & PSU Debt fund Direct Plan Weekly Dividend Reinvestment Option
Direct0.21%9.78%
L&T Banking & PSU Debt fund Direct Plan Daily Dividend Payout OptionNRDirect0.21%10.04%
L&T Banking & PSU Debt fund Direct Plan Monthly Dividend Payout Option
Direct0.21%9.66%
L&T Banking & PSU Debt fund Direct Plan Weekly Dividend Payout Option
Direct0.21%9.78%
L&T Banking & PSU Debt fund Daily Dividend Reinvestment Option
Regular0.61%9.62%
L&T Banking & PSU Debt fund Monthly Dividend Reinvestment Option
Regular0.61%9.19%
L&T Banking & PSU Debt fund Weekly Dividend Reinvestment Option
Regular0.61%9.39%
L&T Banking & PSU Debt fund Monthly Dividend Payout Option
Regular0.61%9.19%
L&T Banking & PSU Debt fund Weekly Dividend Payout Option
Regular0.61%9.39%

Peer Funds

IDFC Banking & PSU Debt Fund Direct Growth  

DebtBanking & PSUDirectModerate Risk

1 yr returns

11.14%

AUM

₹19,780 Cr

Expense Ratio

0.3%

Axis Banking & PSU Debt Fund Direct Plan Growth Option  

DebtBanking & PSUDirectModerately Low risk

1 yr returns

9.76%

AUM

₹18,606 Cr

Expense Ratio

0.31%

Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth  

DebtBanking & PSUDirectModerately Low risk

1 yr returns

11.09%

AUM

₹14,577 Cr

Expense Ratio

0.35%

ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth  

DebtBanking & PSUDirectModerate Risk

1 yr returns

10.10%

AUM

₹13,802 Cr

Expense Ratio

0.37%

HDFC Banking & PSU Debt Fund Direct Plan Growth Option  

DebtBanking & PSUDirectModerate Risk

1 yr returns

10.79%

AUM

₹10,156 Cr

Expense Ratio

0.36%

L&T Banking & PSU Debt fund Direct Plan Growth ...

NAV

₹20.0239

INDmoney Analysis

    error

    Fund is in Bottom 50 percent in its Category

    Return score is based upon:

    Benchmark out performance
    Consistency of returns
    Indicative yields
    warning

    Fund is in Top 50 percent in its Category

    Risk score is based upon:

    Market sensitivity
    Credit risk
    Underlying maturity
    success

    Fund has high quality bonds and commercial papers

    Credit Quality is based upon:

    Long term credit rating
    Credit rating outlook
    Probability of default

    Based on credit rating and modified duration of underlying instruments

Fund Managers

Jalpan Shah
Jalpan Shah

leader

Work Experience
"null"
Shriram Ramanathan
Shriram Ramanathan

manager

Qualifications
CFA (CFA Institute), PGDBM ((XLRI, Jamshedpur) Bachelor’s Degree in Electrical Engineering (Sardar Patel College of Engineering, Mumbai)
Work Experience
"Head Investment - Fixed Income (from July 6, 2012) FIL Fund Management Private Limited (Portfolio Manager - Fixed Income) December 2009 to June 2012 ING Investment Management Asia Pacific Hong Kong (Senior Investment Manager , Global Emerging Market Debt (Asia) 2005 , 2009 ING Investment Management (India) Private Limited (Portfolio Manager, Fixed Income (India) 2003-2005 Zurich (India) Asset Management Company 2001 , 2003 ICICI Bank Limited Treasury 2000 ,u20acu201c 2001 Larsen & Toubro Limited- Design Department, Switchgear Group 1997"
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