L&T LIQUID FUND

Data as on March 31, 2022

 
 
 

L&T LIQUID FUND

Data as on March 31, 2022

 
 

To generate reasonable returns while maintaining safety and providing the investor superior liquidity. To achieve this objective, investments will be predominantly made in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. There is no assurance that the investment objective of the scheme will be realized.




Date of Inception
Regular Plan October 03, 2006
Direct Plan December 31, 2012
Fund Manager
Mr. Mahesh Chhabria (w.e.f. November 25, 2021)
and Mr. Shriram Ramanathan (w.e.f. June 30, 2014)
Benchmark
NIFTY Liquid Index
Month end AUM
5,108.28 (Rs In Crs)
 
Monthly Average AUM
4,970.41 (Rs In Crs)
Options
•Growth
•IDCW (Reinvestment and Payout)
- Weekly IDCW
•Daily IDCW Reinvestment Plan

Name Of Instrument
Rating
% to Net
Assets

DEBT INSTRUMENTS
MONEY MARKET INSTRUMENT
Commercial Paper (Listed / Awaiting listing on Stock Exchanges) / Certificate of Deposit
➧ Bank of Baroda IND A1+ 6.34%
➧ National Bank for Agriculture & Rural Development ICRA A1+ 6.34%
➧ Axis Bank Limited CRISIL A1+ 6.33%
➧ Indian Oil Corporation Limited ICRA A1+ 5.87%
➧ HDFC Bank Limited CARE A1+ 4.38%
➧ Bharti Airtel Limited CRISIL A1+ 3.90%
➧ Reliance Jio Infocomm Limited CRISIL A1+ 3.90%
ICICI Securities Limited CRISIL A1+ 3.40%
Kotak Securities Limited CRISIL A1+ 2.92%
Indian Bank CRISIL A1+ 2.43%
Canara Bank CRISIL A1+ 1.95%
Housing Development Finance Corporation Limited CRISIL A1+ 1.95%
Kotak Mahindra Prime Limited CRISIL A1+ 1.95%
SBICAP Securities Limited CRISIL A1+ 1.95%
Tata Steel Limited ICRA A1+ 1.95%
Adani Ports and Special Economic Zone Limited ICRA A1+ 1.94%
Berger Paints India Limited CRISIL A1+ 1.66%
Godrej Industries Limited CRISIL A1+ 1.46%
NIIF Infrastructure Finance Limited ICRA A1+ 1.46%
HDFC Securities Limited CRISIL A1+ 0.97%
Julius Baer Capital (India) Private Limited CRISIL A1+ 0.97%
Total 64.02%
GOVERNMENT BONDS
➧ 08.35% GOI 14-05-2022 SOVEREIGN 5.08%
Name Of Instrument
Rating
% to Net
Assets

08.15% GOI 11-06-2022 SOVEREIGN 3.03%
Total 8.11%
Non Convertible Debentures
Listed/Awaiting Listing on the Exchange
➧ Housing Development Finance Corporation Limited CRISIL AAA 3.75%
Small Industries Development Bank of India ICRA AAA 0.88%
Export Import Bank of India CRISIL AAA 0.84%
Housing and Urban Development Corporation Limited ICRA AAA 0.80%
Total 6.27%
Treasury Bill
➧ 364 DAY T-BILL 09-06-2022 SOVEREIGN 3.89%
364 DAY T-BILL 21-04-2022 SOVEREIGN 2.93%
91 DAY T-BILL 05-05-2022 SOVEREIGN 2.93%
364 DAY T-BILL 02-06-2022 SOVEREIGN 1.95%
364 DAY T-BILL 26-05-2022 SOVEREIGN 1.95%
182 DAY T-BILL 09-06-2022 SOVEREIGN 1.94%
182 DAY T-BILL 28-04-2022 SOVEREIGN 0.10%
Total 15.69%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 6.89%
Net Receivable/Payable -0.95%
Net Assets 100.00%
Average Maturity 0.12 years
Modified Duration 0.11 years
Macaulay Duration 0.11 years
YTM 3.87%
➧ Indicates top ten instruments






Exit Load: Effective October 20, 2019, exit load will be applicable on all fresh investments in L&T Liquid Fund

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'
The Fund was co-managed by Mr. Jalpan Shah till November 24, 2021
With effect from April 01, 2022, the first tier benchmark index of the Scheme shall be NIFTY Liquid Index B-I . Refer our addendum dated March 31, 2022

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