L&T BANKING AND PSU DEBT FUND

Data as on June 30, 2021

 
 
 

L&T BANKING AND PSU DEBT FUND

Data as on June 30, 2021

 
 

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
4,678.90Rs In Crs)
Monthly Average AUM
4,740.29 (Rs In Crs)
Options
•Growth
•IDCW option
(Reinvestment and Payout)

<
Name Of Instrument
Rating/Industry
% 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 4.21%
Total 4.21%
GOVERNMENT BONDS
➧ 07.32% GOI 28-JAN-2024 SOVEREIGN 9.31%
➧ 06.18% GOI 04-NOV-2024 SOVEREIGN 8.88%
07.35% GOI 22-JUN-2024 SOVEREIGN 0.11%
Total 18.30%
Non Convertible Debentures
Listed/Awaiting Listing on the Exchange
➧ National Bank for Agriculture & Rural Development CRISIL AAA/ICRA AAA 9.57%
➧ Indian Railway Finance Corporation Limited CRISIL AAA 9.29%
➧ Housing Development Finance Corporation Limited CRISIL AAA 7.74%
➧ National Housing Bank CRISIL AAA 6.99%
➧ NTPC Limited CRISIL AAA 6.94%
➧ Hindustan Petroleum Corporation Limited CRISIL AAA 6.91%
➧ Indian Oil Corporation Limited CRISIL AAA 6.10%
➧ Power Grid Corporation of India Limited CRISIL AAA 5.05%
Power Finance Corporation Limited CRISIL AAA 4.50%
Name Of Instrument
Rating/Industry
% to Net
Assets

Rec Limited CRISIL AAA 2.26%
Export Import Bank of India CRISIL AAA 1.77%
Housing and Urban Development Corporation Limited CARE AAA 1.26%
Small Industries Development Bank of India ICRA AAA 1.12%
State Bank Of India (Basel III Compliant AT 1 Bond #) CRISIL AA+ 0.78%
National Highways Authority of India CRISIL AAA 0.58%
State Bank Of India (Basel III Compliant Tier 2 Bond #) CRISIL AAA 0.56%
NHPC Limited IND AAA 0.11%
Nuclear Power Corporation Of India Limited CRISIL AAA 0.08%
Total 71.61%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 3.72%
Net Receivable/Payable 2.17%
Net Assets 100.00%
Average Maturity 2.10 years
Modified Duration 1.86 years
Macaulay Duration 1.94 years
YTM 4.85%
➧ Indicates top ten instruments

The disclosures is as per guidelines issued by SEBI Circular No SEBI/HO/IMD/DF4/CIR/P/2021/032 dated March 10,2021 read with Clarification issued by SEBI vide circular no SEBI/HO/IMD/DF4/CIR/P/2021/034 dated March 22, 2021 and AMFI Best Practices Guidelines Circular No. 91/ 2020 - 21 dated March 24, 2021.







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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