L&T Gilt Fund

Data as on July 31, 2017


L&T Gilt Fund

Data as on July 31, 2017


Fund Details

NAV of Plans/Options
(as on July 31, 2017)

Rs
Quarterly Dividend - Regular Plan 12.7294
Growth - Regular Plan 43.0713
Quarterly Dividend - Direct Plan 13.2698
Growth - Direct Plan 44.7541
Date of Inception :
Regular PlanMarch 29, 2000
Direct PlanJanuary 01, 2013
Expense Ratio+ :1.70% (Regular)
0.45% (Direct)
Options• Growth
• Dividend option (Reinvestment and Payout) Quarterly Dividend
Minimum Application size
(Initial)
Rs 10,000 per application and in multiples of Rs 1 thereafter
Additional InvestmentRs 1000 per application and in multiples of Rs 1 thereafter.
Minimum Redemption SizeRs500 or 50 units
Fund ManagerMr. Jalpan Shah and Mr. Shriram Ramanathan (w.e.f. April 03, 2017)
BenchmarkI-SEC Composite Index
Monthly Average AUM (Rs In Crs)197.41
Month end AUM(Rs In Crs)198.98


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

DEBT INSTRUMENTS
GOVERNMENT BONDS
06.79% GOI 15-MAY-2027 SOVEREIGN 20.57%
07.72% GOI 25-MAY-2025 SOVEREIGN 17.18%
06.97% GOI 06 -SEP-2026 SOVEREIGN 16.64%
07.59% GOI 11-JAN-2026 SOVEREIGN 15.82%
07.73% GOI 19-DEC-2034 SOVEREIGN 13.39%
06.79% GOI 26-DEC-2029 SOVEREIGN 12.59%
Total 96.19%

Name Of Instrument Rating/Industry % to Net
Assets

Others
CBLO/Reverse Repo 2.26%
Net Receivables/(Payables)1.55%

Net Assets 100.00%

Average Maturity 10.10 years

Modified Duration 6.84 years

YTM 6.87%

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

DEBT INSTRUMENTS
GOVERNMENT BONDS
06.79% GOI 15-MAY-2027 SOVEREIGN 20.57%
07.72% GOI 25-MAY-2025 SOVEREIGN 17.18%
06.97% GOI 06 -SEP-2026 SOVEREIGN 16.64%
07.59% GOI 11-JAN-2026 SOVEREIGN 15.82%
07.73% GOI 19-DEC-2034 SOVEREIGN 13.39%
06.79% GOI 26-DEC-2029 SOVEREIGN 12.59%
Total 96.19%

Others
CBLO/Reverse Repo 2.26%
Net Receivables/(Payables)1.55%

Net Assets 100.00%

Average Maturity 10.10 years

Modified Duration 6.84 years

YTM 6.87%




Pursuant to declaration/ payment of dividend, the NAV will fall to the extent of the payout and statutory levy (if applicable).
Face value Rs10/-.
Past performance of the aforesaid schemes may or may not be sustained in future.


Investment objective: To generate returns from a portfolio from investments in Government Securities.
Exit Load:Nil
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'