L&T Short Term Bond Fund

Data as on August 30, 2019


 

L&T Short Term Opportunities Fund

Data as on August 30, 2019


Fund Details

NAV of Plans/Options
(as on August 30, 2019)

Rs
Monthly Dividend - Regular Plan
11.0941
Quarterly Dividend - Regular Plan
10.9410
Annual Dividend - Regular Plan
12.5197
Growth - Regular Plan
18.5732
Bonus - Regular Plan
18.5732
Monthly Dividend - Direct Plan
11.4942
Quarterly Dividend - Direct Plan
11.4711
Annual Dividend - Direct Plan
12.8578
Growth - Direct Plan
19.1460
Date of Inception :
Regular PlanDecember 27, 2011
Direct PlanJanuary 01, 2013
Total Expense Ratio+ : 0.73% (Regular)
0.25% (Direct)
- Including Additional Expenses, B30 charges and GST on Management Fees
- Total Expense Ratio is as on the last business day of the month
Options• Growth
• Dividend (Reinvestment and Payout)
• Quarterly Dividend (Reinvestment and Payout)
• Annual Dividend (Reinvestment and Payout)
Minimum Application size
(Initial)
Rs 10,000 per application and in multiples of Rs 1 thereafter
Additional InvestmentRs 1000 per application and in multiples of Rs 1 thereafter
Minimum Redemption SizeRs 500 or 50 units
Fund ManagerMr. Shriram Ramanathan and Mr. Jalpan Shah (w.e.f. May 30, 2016)
BenchmarkCRISIL Short Term Bond Fund Index
Monthly Average AUM (Rs In Crs) 4,086.91
Month end AUM(Rs In Crs) 4,192.24

Portfolio Allocation
Name Of Instrument
Rating/Industry
% to Net Assets

DEBT INSTRUMENTS
MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
Bank of Baroda CARE A1+ 1.71%
HDFC Bank Limited IND A1+ 1.69%
ICICI Bank Limited ICRA A1+ 1.16%
Indian Bank IND A1+ 0.57%
Total 5.13%
GOVERNMENT BONDS
07.32% GOI 28-JAN-2024 SOVEREIGN 7.45%
Total 7.45%
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
Housing Development Finance Corporation Limited CRISIL AAA 8.55%
Small Industries Development Bank of India CARE AAA 8.12%
National Bank for Agriculture & Rural Development CRISIL AAA 7.31%
NTPC Limited CRISIL AAA 6.30%
Reliance Industries Limited CRISIL AAA 5.36%
Kotak Mahindra Prime Limited CRISIL AAA 4.82%
State Bank Of India CRISIL AAA 3.65%
LIC Housing Finance Limited CRISIL AAA 3.64%
National Highways Authority of India CRISIL AAA 3.37%
Rec Limited CRISIL AAA 2.46%
Sikka Ports & Terminals Limited (erstwhile Reliance Ports & Terminals Ltd) CRISIL AAA 2.09%
Power Grid Corporation of India Limited CRISIL AAA 2.06%
Reliance Jio Infocomm Limited CRISIL AAA 1.94%
Sundaram Finance Limited ICRA AAA 1.93%
Power Finance Corporation Limited CRISIL AAA 1.92%
Larsen & Toubro Limited CRISIL AAA 1.83%
Name Of Instrument
Rating/Industry
% to Net Assets

HDB Financial Services Limited CARE AAA 1.79%
UltraTech Cement Limited CRISIL AAA 1.43%
Bank of Baroda CARE AAA 1.21%
National Highways Authority of India Limited CRISIL AAA 1.20%
Bajaj Finance Limited IND AAA 1.20%
Hindustan Petroleum Corporation Limited CRISIL AAA 1.20%
Bajaj Finance Limited CARE AAA 0.96%
Bharat Petroleum Corporation Limited CRISIL AAA 0.87%
Indian Railway Finance Corporation Limited CRISIL AAA 0.73%
Power Grid Corporation Limited CRISIL AAA 0.63%
National Housing Bank CRISIL AAA 0.60%
Export Import Bank Of India CRISIL AAA 0.51%
National Housing Bank CARE AAA 0.24%
NHPC Limited IND AAA 0.24%
Bajaj Finance Limited CRISIL AAA 0.05%
Sundaram Finance Limited CRISIL AAA 0.04%
Housing and Urban Development Corporation Limited CARE AAA 0.02%
Bajaj Housing Finance Limited CRISIL AAA 0.02%
Small Industries Development Bank of India ICRA AAA 0.01%
Total
78.30%
SECURITISED DEBT
Rent-A-Device Trust(Backed by lease rentals from Reliance Retail Ltd)
ICRA AAA(SO)
3.94%
Total
3.94%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo
3.41%
Net Receivable/Payable
1.77%
Net Assets
100.00%
Average Maturity 1.99 years
Modified Duration 1.70 years
YTM 6.95%




Pursuant to declaration/ payment of dividend, the NAV will fall to the extent of the payout and statutory levy (if applicable).
Face value Rs10/-.
Past performance of the aforesaid schemes may or may not be sustained in future.
Please note that the dividend rates mentioned are post applicable dividend distribution tax deduction.


Investment objective:To generate regular returns and capital appreciation by investing in debt, government and money market securities.ᵟ
Exit Load: NIL
ᵟ Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid effective from May 14, 2018. For details of other funds managed by the Fund Manager and the performance of the schemes, please refer to 'Scheme Performance Section'
+ Please refer to note on expense ratios in 'Fund Manager wise Scheme Details'

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