Home Mutual FundsL&T Banking & PSU Debt fund Direct Plan Growth Option

Overview (as on 22 Sep 2020)

NAV

₹19.5742

1y returns

10.909%

Fund AUM

₹3,544 Cr

Expense Ratio

0.21%

Min SIP

₹1,000

Min Lumpsum

₹10,000

Fund Performance

Calculator

Monthly SIP

Lumpsum

I would like to invest

For Time Period

5 years

Total investment

₹0

Pre-Tax

Post-Tax

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

₹0

3.63% projected returns

Axis Banking & PSU Debt Fund Direct Plan Growth Option

₹0

3.39% projected returns

ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth

₹0

3.75% projected returns

IDFC Banking & PSU Debt Fund Direct Growth

₹0

3.45% projected returns

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

₹0

3.60% projected returns

Kotak Banking and PSU Debt Direct Growth

₹0

4.06% projected returns

Asset Allocation

Debt & Cash (100.00%)

Sector Allocation

Government

59.11%

Corporate

30.58%

Cash Equivalent

10.30%

Debt Credit Ratings

AAA

89.15%

10.85%

Key Metrics

Modified Duration

2.37 yr

Average Maturity

2.79 yr

Yield to Maturity

5.24%

Top 10 Holdings

All

Equity

Debt & Cash

Holding Name
Type
Holding Percentage
NTPC Limited
CRISIL AAA
Debt
9.30%
Indian Oil Corporation Limited
CRISIL AAA
Debt
8.18%
7.32% Govt Stock 2024
SOVEREIGN
Debt
7.76%
National Housing Bank
CRISIL AAA
Debt
7.20%
INDIAN RAILWAY FINANCE CORPORATION LIMITED
CRISIL AAA | Low Risk
Debt
6.40%

STATE BANK OF INDIA
CRISIL AA+ | Low Risk
Debt
6.08%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
CRISIL AAA | Low Risk
Debt
5.94%
Export-Import Bank Of India
CRISIL AAA
Debt
5.32%
(A) Tri Party Repo Dealing System (Treps)/Reverse Repo
Low Risk
Cash
5.23%
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
CRISIL AAA | Low Risk
Debt
4.88%

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

Phone

Address

L&T Investment Management Limited,6th Floor, Mafatlal Centre,,Nariman Point

Other Related Plans

Fund Name	Plan Type	Expense Ratio	1yr Returns
L&T Banking & PSU Debt fund Direct Plan Daily Dividend Reinvestment Option	Direct	0.21%	9.82%
L&T Banking & PSU Debt fund Direct Plan Monthly Dividend Reinvestment Option	Direct	0.21%	9.94%
L&T Banking & PSU Debt fund Direct Plan Weekly Dividend Reinvestment Option	Direct	0.21%	9.48%
L&T Banking & PSU Debt fund Direct Plan Daily Dividend Payout OptionNR	Direct	0.21%	9.82%
L&T Banking & PSU Debt fund Direct Plan Monthly Dividend Payout Option	Direct	0.21%	9.94%
L&T Banking & PSU Debt fund Direct Plan Weekly Dividend Payout Option	Direct	0.21%	9.48%
L&T Banking & PSU Debt fund Growth Option	Regular	0.61%	10.46%
L&T Banking & PSU Debt fund Daily Dividend Reinvestment Option	Regular	0.61%	9.44%
L&T Banking & PSU Debt fund Monthly Dividend Reinvestment Option	Regular	0.61%	9.47%
L&T Banking & PSU Debt fund Weekly Dividend Reinvestment Option	Regular	0.61%	9.11%
L&T Banking & PSU Debt fund Monthly Dividend Payout Option	Regular	0.61%	9.47%
L&T Banking & PSU Debt fund Weekly Dividend Payout Option	Regular	0.61%	9.11%

Peer Funds

IDFC Banking & PSU Debt Fund Direct Growth

DebtBanking & PSUDirectModerate Risk

1 yr returns

11.51%

AUM

₹17,691 Cr

Expense Ratio

0.3%

Axis Banking & PSU Debt Fund Direct Plan Growth Option

DebtBanking & PSUDirectModerately Low risk

1 yr returns

10.37%

AUM

₹16,059 Cr

Expense Ratio

0.31%

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

DebtBanking & PSUDirectModerately Low risk

1 yr returns

10.79%

AUM

₹13,519 Cr

Expense Ratio

0.35%

ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth

DebtBanking & PSUDirectModerate Risk

1 yr returns

10.04%

AUM

₹13,300 Cr

Expense Ratio

0.37%

Kotak Banking and PSU Debt Direct Growth

DebtBanking & PSUDirectModerately Low risk

1 yr returns

11.06%

AUM

₹9,132 Cr

Expense Ratio

0.34%

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

NAV

₹19.5742

Name: L&T Banking & PSU Debt fund Direct Plan Growth Option
Brand: L&T Investment Management Ltd
SKU: F00000PD0H
Price: 19.5742 INR
Availability: InStock
Rating: 4 (5 reviews)

INDmoney Analysis

Return Score

Below Average

Fund is in Bottom 50 percent in its Category

Return score is based upon:

Benchmark out performance

Consistency of returns

Indicative yields

Risk Score

Average

Fund is in Top 50 percent in its Category

Risk score is based upon:

Market sensitivity

Credit risk

Underlying maturity

Credit Quality

High

Fund has high quality bonds and commercial papers

Credit Quality is based upon:

Long term credit rating

Credit rating outlook

Probability of default

Interest Rate Sensitivity

High

Based on credit rating and modified duration of underlying instruments

Fund Managers

Jalpan Shah

Manager

Shriram Ramanathan

Manager

Qualifications

CFA (CFA Institute), PGDBM ((XLRI, Jamshedpur) Bachelorâ€™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 ,€“ 2001 Larsen & Toubro Limited- Design Department, Switchgear Group 1997

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