L&T SHORT TERM BOND FUND

Data as on June 30, 2021

 
 
 

L&T SHORT TERM BOND FUND

Data as on June 30, 2021

 
 

To generate regular returns and capital appreciation by investing in debt, government and money market securities. There is no assurance that the investment objective of the scheme will be realized.




Date of Inception
Regular Plan December 27, 2011
Direct Plan January 01, 2013
Fund Manager
Mr Shriram Ramanathan and Mr. Jalpan Shah (w.e.f. May 30, 2016)
Benchmark
NIFTY Short Duration Debt Index
Month end AUM
4,732.38 (Rs In Crs)
Monthly Average AUM
4,958.13 (Rs In Crs)
Options
•Growth
•IDCW (Reinvestment and Payout)
•Quarterly IDCW (Reinvestment and Payout)
•Annual IDCW (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
➧ Axis Bank Limited CRISIL A1+ 4.80%
Small Industries Development Bank of India CARE A1+ 3.56%
Total 8.36%
GOVERNMENT BONDS
➧ 07.16% GOI 20-MAY-2023 SOVEREIGN 12.14%
➧ 05.22% GOI 15-JUN-2025 SOVEREIGN 8.36%
➧ 07.35% GOI 22-JUN-2024 SOVEREIGN 5.74%
➧ 7.89% GUJARAT SDL 15-MAY-2025 SOVEREIGN 4.49%
➧ 06.18% GOI 04-NOV-2024 SOVEREIGN 3.84%
8.23% MAHARASHTRA SDL 09-SEP-2025 SOVEREIGN 3.06%
8.15% MAHARSHTRA SDL 26-NOV-2025 SOVEREIGN 1.74%
8.26% MAHARASHTRA SDL 12-AUG-2025 SOVEREIGN 0.74%
7.96% GUJARAT SDL 14-OCT-2025 SOVEREIGN 0.46%
8.14% KARNATAKA SDL 13-NOV-2025 SOVEREIGN 0.46%
8.23% GUJARAT SDL 09-SEP-2025 SOVEREIGN 0.24%
07.72% GOI 25-MAY-2025 SOVEREIGN 0.03%
Total 41.30%
Non Convertible Debentures
Listed/Awaiting Listing on the Exchange
➧ Indian Railway Finance Corporation Limited CRISIL AAA 7.24%
➧ National Bank for Agriculture & Rural Development CRISIL AAA 7.12%
➧ NTPC Limited CRISIL AAA 6.95%
➧ Housing Development Finance Corporation Limited CRISIL AAA 4.89%
Indian Oil Corporation Limited CRISIL AAA 3.26%
Name Of Instrument
Rating/Industry
% to Net
Assets

Small Industries Development Bank of India CARE AAA 2.37%
Rec Limited CRISIL AAA 2.03%
Larsen & Toubro Limited CRISIL AAA 1.65%
National Highways Authority of India CRISIL AAA 1.21%
UltraTech Cement Limited CRISIL AAA 0.78%
Reliance Industries Limited CRISIL AAA 0.77%
Power Grid Corporation of India Limited CRISIL AAA 0.57%
Export Import Bank of India CRISIL AAA 0.44%
Hindustan Petroleum Corporation Limited CRISIL AAA 0.34%
National Housing Bank CRISIL AAA 0.22%
Bajaj Finance Limited CRISIL AAA 0.05%
Sundaram Finance Limited CRISIL AAA 0.04%
Bajaj Housing Finance Limited CRISIL AAA 0.02%
Bharat Petroleum Corporation Limited CRISIL AAA 0.02%
Housing and Urban Development Corporation Limited CARE AAA 0.02%
Total 39.99%
Securitised Debt
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) CRISIL AAA(SO) 2.12%
Total 2.12%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 8.22%
Net Receivable/Payable 0.05%
Net Assets 100.00%
Average Duration 1.96 years
Modified Duration 1.75 years
Macaulay Duration 1.81 years
YTM 4.72%
➧ 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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