L&T Liquid Fund

Data as on September 30, 2019


L&T Liquid Fundᵟ

Data as on September 30, 2019


Fund Details

NAV of Plans/Options
(as on September 30, 2019)

Rs
Daily Dividend
1011.7794
Weekly Dividend
1001.6988
Growth
2636.6025
Daily Dividend - Direct Plan
1012.9495
Weekly Dividend - Direct Plan
1000.4408
Growth - Direct Plan
2646.5507
Face ValueRs 1000
Date of Inception :
Regular PlanOctober 03, 2006
Direct PlanFebruary 28, 2012
Total Expense Ratio+ : 0.15% (Regular)
0.10% (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) - Weekly Dividend
• Daily Dividend Reinvestment Plan
Minimum Application size
(Initial)
Weekly Dividend and Growth:
Rs 10,000 per application and in multiples of Rs 1 thereafter
Daily Dividend Reinvestment Plan (“DDRIP”): Rs 1,00,000 per application and in multiples of Rs 1 thereafter
Additional InvestmentRs 1,000 per application and in multiples of Rs 1 thereafter
Minimum Redemption Size Regular Plan : Rs 1000/- per application or 1 unit
Weekly Dividend/ Growth/ DDRIP: Rs 1000 per application or 1 unit
Fund ManagerMr Shriram Ramanathan and Mr. Jalpan Shah
BenchmarkCRISIL Liquid Fund Index
Monthly Average AUM (Rs In Crs)10,289.75
Month end AUM(Rs In Crs) 9,571.00

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

DEBT INSTRUMENTS
MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
Reliance Jio Infocomm Limited CRISIL A1+ 6.76%
Export Import Bank Of India CRISIL A1+ 5.70%
Titan Company Limited ICRA A1+ 5.20%
Ultratech Cement Limited CRISIL A1+ 4.96%
Vedanta Limited CRISIL A1+ 4.79%
JSW Steel Limited CARE A1+ 4.79%
Reliance Retail Limited CRISIL A1+ 4.70%
Manappuram Finance Limited CRISIL A1+ 3.12%
Muthoot Finance Limited CRISIL A1+ 3.11%
Reliance Industries Limited CRISIL A1+ 2.61%
National Bank for Agriculture & Rural Development ICRA A1+ 2.60%
Indus Towers Limited CRISIL A1+ 2.59%
Shree Cement Limited CARE A1+ 2.58%
Kotak Securities Limited CRISIL A1+ 2.06%
Berger Paints India Limited CRISIL A1+ 1.35%
Axis Bank Limited CRISIL A1+ 1.14%
ICICI Securities Primary Dealership Limited CRISIL A1+ 1.04%
Canara Bank CRISIL A1+ 1.04%
Housing Development Finance Corporation Limited ICRA A1+ 1.04%
Rec Limited CARE A1+ 1.03%
Kotak Mahindra Bank Limited CRISIL A1+ 0.78%
Indian Bank IND A1+ 0.52%
National Bank for Agriculture & Rural Development CRISIL A1+ 0.52%
ICICI Bank Limited ICRA A1+ 0.52%
Housing Development Finance Corporation Limited CRISIL A1+ 0.26%
Total 64.81%
Name Of Instrument
Rating/Industry
% to Net
Assets

Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
LIC Housing Finance Limited CRISIL AAA 1.31%
Indian Railway Finance Corporation Limited CARE AAA 0.52%
Power Finance Corporation Limited CRISIL AAA 0.47%
HDB Financial Services Limited CARE AAA 0.33%
Bajaj Finance Limited CRISIL AAA 0.26%
Total 2.89%
Treasury Bill
91 DAY T-BILL 12-DEC-2019 SOVEREIGN 2.47%
91 DAY T-BILL 19-DEC-2019 SOVEREIGN 2.07%
364 DAY T-BILL 12-DEC-2019 SOVEREIGN 1.24%
91 DAY T-BILL 21-NOV-2019 SOVEREIGN 0.93%
364 DAY T-BILL 05-DEC-2019 SOVEREIGN 0.78%
182 DAY T-BILL 05-DEC-2019 SOVEREIGN 0.77%
91 DAY T-BILL 05-DEC-2019 SOVEREIGN 0.18%
182 DAY T-BILL 17-OCT-2019 SOVEREIGN 0.05%
Total
8.49%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 23.43%
Net Receivable/Payable 0.38%
Net Assets 100.00%
Average Maturity 0.10 years
Modified Duration 0.10 years
YTM 5.77%








Investment objective: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.
Exit Load: Nil
For details of expenses charged to Regular and Institutional Plus Plans (subscriptions under which are not accepted w.e.f. October 01, 2012), please refer to the respective fund page under “Our Funds” on our website www.ltfs.com
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'

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