L&T Short Term Bond Fund

Data as on February 28, 2020


 

L&T Short Term Opportunities Fund

Data as on January 31, 2020


Fund Details

NAV of Plans/Options
(as on February 28, 2020)

Rs
Monthly Dividend - Regular Plan
11.2197
Quarterly Dividend - Regular Plan
10.9750
Annual Dividend - Regular Plan
13.0290
Growth - Regular Plan
19.3287
Bonus - Regular Plan
19.3286
Monthly Dividend - Direct Plan
11.6643
Quarterly Dividend - Direct Plan
11.5340
Annual Dividend - Direct Plan
13.4129
Growth - Direct Plan
19.9724
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)
BenchmarkNIFTY Short Duration Debt Index
Monthly Average AUM (Rs In Crs) 5,356.24
Month end AUM(Rs In Crs) 5,189.52

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

DEBT INSTRUMENTS
MONEY MARKET INSTRUMENT
Commercial Paper (Listed / Awaiting listing on Stock Exchanges)/Certificate of Deposit
ICICI Bank Limited ICRA A1+ 4.14%
Axis Bank Limited CRISIL A1 + 2.97%
Axis Bank Limited ICRA A1+ 2.30%
HDFC Bank Limited IND A1+ 1.41%
Kotak Mahindra Bank Limited CRISIL A1 + 1.39%
National Bank for Agriculture & Rural Development IND A1+ 0.92%
Total 13.13%
GOVERNMENT BONDS
07.32% GOI 28-JAN-2024 SOVEREIGN 10.12%
07.72% GOI 25-MAY-2025 SOVEREIGN 4.62%
07.35% GOI 22-JUN-2024 SOVEREIGN 2.03%
06.18% GOI 04-NOV-2024 SOVEREIGN 0.49%
Total 17.26%
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
National Bank for Agriculture & Rural Development CRISIL AAA 7.95%
Small Industries Development Bank of India CARE AAA 6.79%
Housing Development Finance Corporation Limited CRISIL AAA 6.34%
NTPC Limited CRISIL AAA 5.11%
Reliance Industries Limited CRISIL AAA 4.42%
National Highways Authority of India CRISIL AAA 4.13%
Kotak Mahindra Prime Limited CRISIL AAA 3.93%
State Bank Of India CRISIL AAA 3.51%
Bajaj Finance Limited CRISIL AAA 2.02%
Housing Development Finance Corporation Limited CRISIL AAA 1.97%
Rec Limited CRISIL AAA 1.82%
Power Grid Corporation of India Limited CRISIL AAA 1.69%
Reliance Jio Infocomm Limited CRISIL AAA 1.58%
Name Of Instrument
Rating/Industry
% to Net Assets

Larsen & Toubro Limited CRISIL AAA 1.49%
HDB Financial Services Limited CARE AAA 1.45%
Hindustan Petroleum Corporation Limited CRISIL AAA 1.27%
HDB Financial Services Limited CRISIL AAA 1.17%
Bank of Baroda CARE AAA 1.01%
Bajaj Finance Limited CARE AAA 0.78%
Bharat Petroleum Corporation Limited CRISIL AAA 0.75%
UltraTech Cement Limited CRISIL AAA 0.68%
Power Finance Corporation Limited CRISIL AAA 0.58%
National Housing Bank CRISIL AAA 0.49%
Export Import Bank Of India CRISIL AAA 0.41%
National Housing Bank CARE AAA 0.19%
Sundaram Finance Limited ICRA AAA 0.10%
Sundaram Finance Limited CRISIL AAA 0.03%
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 62.30%
Securitised Debt
Rent-A-Device Trust(Backed by receivables from Reliance Retail Ltd) ICRA AAA(SO) 3.16%
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) CRISIL AAA(SO) 1.69%
Total 4.85%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 0.13%
Net Receivable/Payable 2.33%
Net Assets
100.00%
Average Maturity 2.18 years
Modified Duration 1.88 years
YTM 6.29%




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.
Exit Load: NIL
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'

pdf