L&T Gilt Fund

Data as on November 30, 2017


L&T Gilt Fund

Data as on November 30, 2017


Fund Details

NAV of Plans/Options
(as on November 30, 2017)

Rs
Quarterly Dividend - Regular Plan 12.4211
Growth - Regular Plan 42.8718
Quarterly Dividend - Direct Plan 13.0244
Growth - Direct Plan 44.7700
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)184.35
Month end AUM(Rs In Crs)175.43


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

DEBT INSTRUMENTS
GOVERNMENT BONDS
06.68% GOI 17-SEP-2031 SOVEREIGN 16.46%
08.13% GOI 21 -SEP- 2022 SOVEREIGN 13.78%
08.13% GOI 21-SEP-2022 SOVEREIGN 14.94%
07.72% GOI 25-MAY-2025 SOVEREIGN 14.73%
07.35% GOI 22-JUN-2024 SOVEREIGN 14.46%
06.79% GOI 15-MAY-2027 SOVEREIGN 13.99%
07.59% GOI 11-JAN-2026 SOVEREIGN 5.85%
07.06% GOI 10 -OCT- 2046 SOVEREIGN 2.72%
Total 83.15%

Name Of Instrument Rating/Industry % to Net
Assets

Others
CBLO/Reverse Repo 15.34%
Net Receivables/(Payables)1.51%

Net Assets 100.00%

Average Maturity 7.63 years

Modified Duration 5.19 years

YTM 7.20%

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

DEBT INSTRUMENTS
GOVERNMENT BONDS
06.68% GOI 17-SEP-2031 SOVEREIGN 16.46%
08.13% GOI 21 -SEP- 2022 SOVEREIGN 13.78%
08.13% GOI 21-SEP-2022 SOVEREIGN 14.94%
07.72% GOI 25-MAY-2025 SOVEREIGN 14.73%
07.35% GOI 22-JUN-2024 SOVEREIGN 14.46%
06.79% GOI 15-MAY-2027 SOVEREIGN 13.99%
07.59% GOI 11-JAN-2026 SOVEREIGN 5.85%
07.06% GOI 10 -OCT- 2046 SOVEREIGN 2.72%
Total 83.15%

Others
CBLO/Reverse Repo 15.34%
Net Receivables/(Payables)1.51%

Net Assets 100.00%

Average Maturity 7.63 years

Modified Duration 5.19 years

YTM 7.20%




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'