L&T BANKING AND PSU DEBT FUND

Data as on January 31, 2022

 
 
 

L&T BANKING AND PSU DEBT FUND

Data as on January 31, 2022

 
 

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.




Date of Inception
Regular Plan September 12, 2012
Direct Plan January 01, 2013
Fund Manager
Mr. Jalpan Shah (w.e.f. May 30, 2016) &
Mr. Shriram Ramanathan (w.e.f. March 29, 2017)
Benchmark
NIFTY Banking & PSU Debt Index
Month end AUM
3,416.48 Rs In Crs)
Monthly Average AUM
3,707.87 (Rs In Crs)
Options
•Growth
•IDCW option
(Reinvestment and Payout)

Name Of Instrument
Rating
% to Net
Assets

DEBT INSTRUMENTS
MONEY MARKET INSTRUMENT
Commercial Paper** (Listed / Awaiting listing on Stock Exchanges) / Certificate of Deposit
➧ Export Import Bank of India CRISIL AAA 5.91%
Total 5.91%
GOVERNMENT BONDS
➧ 05.63% GOI 12-04-2026 SOVEREIGN 14.74%
➧ 05.74% GOI 15-NOV-2026 SOVEREIGN 6.73%
➧ 06.18% GOI 04-11-2024 SOVEREIGN 4.55%
06.79% GOI 15-05-2027 SOVEREIGN 3.04%
07.35% GOI 22-06-2024 SOVEREIGN 0.15%
Total 29.21%
Non Convertible Debentures
Listed/Awaiting Listing on the Exchange
➧ National Bank for Agriculture & Rural Development CRISIL AAA 9.58%
➧ Power Finance Corporation Limited CRISIL AAA 9.12%
➧ Rec Limited CRISIL AAA 8.74%
Name Of Instrument
Rating
% to Net
Assets

➧ Indian Railway Finance Corporation Limited CRISIL AAA/CARE AAA 8.36%
➧ NTPC Limited CRISIL AAA 4.81%
➧ Power Grid Corporation of India Limited CRISIL AAA 4.08%
Indian Oil Corporation Limited CRISIL AAA 3.88%
Axis Bank Limited CRISIL AAA 3.05%
HDFC Bank Limited CRISIL AAA 2.71%
Export Import Bank of India CRISIL AAA 2.62%
Hindustan Petroleum Corporation Limited CRISIL AAA 2.50%
National Housing Bank CRISIL AAA 2.28%
Housing Development Finance Corporation Limited CRISIL AAA 0.24%
Housing and Urban Development Corporation Limited CARE AAA 0.16%
NHPC Limited IND AAA 0.16%
Nuclear Power Corporation Of India Limited CRISIL AAA 0.11%
Total 62.40%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 2.47%
Net Receivable/Payable 0.01%
Net Assets 100.00%
Average Maturity 3.32 years
Modified Duration 2.83 years
Macaulay Duration 2.97 years
YTM 5.73%
➧ Indicates top ten instruments






Exit Load: Nil
For details of 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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