L&T Short Term Bond Fund (Formerly known as L&T Short Term Opportunities Fund)ᵟ

Data as on August 31, 2018


L&T Short Term Opportunities Fund

Data as on August 31, 2018


Fund Details

NAV of Plans/Options
as on August 31, 2018)

Rs
Monthly Dividend - Regular Plan
10.6928
Quarterly Dividend - Regular Plan
10.7005
Annual Dividend - Regular Plan
12.1792
Growth - Regular Plan
16.9394
Bonus - Regular Plan
16.9394
Monthly Dividend - Direct Plan
11.0045
Quarterly Dividend - Direct Plan
11.1400
Annual Dividend - Direct Plan
12.4763
Growth - Direct Plan
17.3756
Date of Inception :
Regular PlanDecember 27, 2011
Direct PlanJanuary 01, 2013
Total Expense Ratio+ : 0.80% (Regular)
0.27% (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)
• Quarterly Dividend (Reinvestment and Payout)
• Annual Dividend (Reinvestment and Payout)
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 SizeRs 500 or 50 units
Fund ManagerMr. Shriram Ramanathan and Mr. Jalpan Shah (w.e.f. May 30, 2016)
BenchmarkCRISIL Short Term Bond Fund Index
Monthly Average AUM (Rs In Crs)2,723.17
Month end AUM(Rs In Crs)2,701.57

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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
National Bank for Agriculture & Rural Development CRISIL AAA 9.60%
Power Finance Corporation Limited CRISIL AAA 9.20%
Reliance Industries Limited CRISIL AAA 7.18%
Mahindra & Mahindra Financial Services Limited IND AAA 6.97%
Rural Electrification Corporation Limited CRISIL AAA 6.33%
Power Grid Corporation of India Limited CRISIL AAA 5.91%
Indian Railway Finance Corporation Limited CARE AAA 4.55%
Tata Capital Financial Services Limited ICRA AAA 3.71%
HDB Financial Services Limited CARE AAA 3.70%
Reliance Jio Infocomm Limited CRISIL AAA 5.47%
Housing Development Finance Corporation Limited CRISIL AAA 3.69%
Gruh Finance Limited CRISIL AAA 3.32%
Sikka Ports & Terminals Limited (erstwhile Reliance Ports & Terminals Ltd) CRISIL AAA 3.24%
Sundaram Finance Limited ICRA AAA 2.78%
Bajaj Finance Limited IND AAA 2.20%
Indiabulls Housing Finance Limited CRISIL AAA 1.85%
NTPC Limited CRISIL AAA 1.06%
Indian Railway Finance Corporation Limited CRISIL AAA 0.93%
Export-Import Bank of India CRISIL AAA 0.74%
Name Of Instrument
Rating/Industry
% to Net Assets

NHPC Limited IND AAA 0.37%
Bajaj Finance Limited CARE AAA 0.37%
Jamnagar Utilities and Power Private Limited
( erstwhile Reliance Utilities and Power Private Limited )
CRISIL AAA 0.37%
Small Industries Development Bank of India CARE AAA 0.19%
Bharat Petroleum Corporation Limited CRISIL AAA 0.04%
Total 83.77%
MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
Housing Development Finance Corporation Limited CRISIL A1+ 1.78%
Reliance Industries Limited CRISIL A1+ 0.89%
Yes Bank Limited ICRA A1+ 0.36%
Axis Bank Limited ICRA A1+ 0.14%
Total 3.17%
SECURITISED DEBT
Rent-A-Device Trust(Backed by lease rentals from Reliance Retail Ltd) ICRA AAA(SO) 5.55%
Total 5.55%
Others
CBLO / Reverse Repo 3.55%
Net Receivable/Payable 3.96%
Grand Total 100.00%
Average Maturity 1.51 years
Modified Duration 1.30 years
YTM 8.50%




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.
Please note that the dividend rates mentioned are post applicable dividend distribution tax deduction.

Investment objective:To generate regular returns and capital appreciation by investing in debt, government and money market securities.ᵟ
Exit Load: NIL
ᵟ Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid effective from May 14, 2018. 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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