L&T Short Term Income Fund

Data as on November 30, 2017


L&T Short Term Income Fund

Data as on November 30, 2017


Fund Details

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

Rs
Dividend Option - Regular Plan 10.8226
Annual Dividend Option - Regular Plan 11.2381
Growth Option - Regular Plan 18.3401
Dividend Option - Direct Plan 11.1102
Annual Dividend Option - Direct Plan 11.2675
Growth Option - Direct Plan 18.6031
Date of Inception :
Regular PlanDecember 04, 2010
Direct PlanJanuary 01, 2013
Expense Ratio+ :0.88% (Regular)
0.53% (Direct)
Options• Growth
• Dividend option (Reinvestment and Payout)
• Annual option (Reinvestment and Payout))
Minimum Application size
(Initial)
Rs 10,000 per application
Additional InvestmentRs 1000 per application
Minimum Redemption SizeRs 500 or 50 units
Fund ManagerMr. Vikas Garg and Mr. Shriram Ramanathan (w.e.f. April 03, 2017)
BenchmarkCRISIL Short Term Bond Fund Index
Monthly Average AUM (Rs In Crs)1,109.37
Month end AUM(Rs In Crs)1,133.70

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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
 
HPCL Mittal Energy Limited (Long
term take or pay agreement with
HPCL) ICRA AA 5.02%
Indostar Capital Finance Limited CARE AA- 5.00%
Adani Transmission Limited IND AA + 4.93%
India Infoline Housing Finance
Limited ICRA AA 4.43%
Bharat Aluminium Company Limited ICRA AA- 4.39%
Sprit Textiles Private Limited BWR AA-(so) 4.06%
Indiabulls Housing Finance Limited CARE AAA 4.03%
Aadhar Housing Finance Limited
(Letter of Comfort from Dewan
Housing Finance Corp Ltd) CARE AA+(SO) 3.96%
Dewan Housing Finance
Corporation Limited CARE AAA 3.34%
Tata Power Renewable Energy
Limited (Corporate guarantee
of Tata Power Company Ltd) CARE AA(SO) 3.10%
Essel Propack Limited CARE AA 3.09%
JM Financial Products Limited ICRA AA 3.02%
Oriental Nagpur Betul Highway
Limited (Nhai Annuity Receivables) CRISIL AAA(SO) 2.93%
Inox Air Products Limited CRISIL AA 2.69%
Muthoot Finance Limited CRISIL AA 2.68%
Manappuram Finance Limited CARE AA 2.67%
Hinduja Leyland Finance Limited CARE AA- 2.64%
Business Broadcast News Holding
Limited (Corporate Guarantee -
Reliance Capital Limited) CARE AA+(SO) 2.48%
Cholamandalam Investment and
Finance Company Limited ICRA AA 2.26%
Reliance Broadcast Network Limited
(Letter of Comfort/DSRA Guarantee
of Reliance Capital) CARE AA-(SO) 2.26%
India Infoline Finance Limited CARE AA 2.16%
Name Of Instrument Rating/Industry % to Net
Assets

Amba River Coke Limited (long
term take or pay agreement with
JSW Steel ) CARE AA- 2.13%
HPCL-Mittal Pipelines Limited (Long
term take or pay agreement with
HPCL) ICRA AA 2.10%
Future Retail Limited CARE AA- 1.80%
Grand View Estate Private Limited
(Shapoorji Pallonji DSRA Guarantee) ICRA AA(SO) 1.77%
Essential Hospitality Private
Limited (Backed by Lease Rentals
from Dewan Housing Finance
Corporation) CARE AA(SO) 1.62%
Manappuram Finance Limited CRISIL AA- 1.61%
Vedanta Limited CRISIL AA 1.37%
CLP Wind Farms India Private
Limited IND AA 1.33%
Walwhan Renewables Energy
Private Limited (Corporate guarantee
of Tata Power Company Ltd) CARE AA(SO) 1.31%
India Infoline Finance Limited ICRA AA 0.93%
S.D. Corporation Private Limited
(Shapoorji Pallonji DSRA Guarantee) ICRA AA(SO) 0.44%
Total 87.55%

MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
IIFL Facilities Services Limited ICRA A1+ 1.32%
Total 1.32%

Others
CBLO/Reverse Repo8.00%
Net Receivables/(Payables) 3.13%

Grand Total 100.00%

Average Maturity 1.55 years

Modified Duration 1.31 years

YTM 8.30%

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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
 
HPCL Mittal Energy Limited (Long
term take or pay agreement with
HPCL) ICRA AA 5.02%
Indostar Capital Finance Limited CARE AA- 5.00%
Adani Transmission Limited IND AA + 4.93%
India Infoline Housing Finance
Limited ICRA AA 4.43%
Bharat Aluminium Company Limited ICRA AA- 4.39%
Sprit Textiles Private Limited BWR AA-(so) 4.06%
Indiabulls Housing Finance Limited CARE AAA 4.03%
Aadhar Housing Finance Limited
(Letter of Comfort from Dewan
Housing Finance Corp Ltd) CARE AA+(SO) 3.96%
Dewan Housing Finance
Corporation Limited CARE AAA 3.34%
Tata Power Renewable Energy
Limited (Corporate guarantee
of Tata Power Company Ltd) CARE AA(SO) 3.10%
Essel Propack Limited CARE AA 3.09%
JM Financial Products Limited ICRA AA 3.02%
Oriental Nagpur Betul Highway
Limited (Nhai Annuity Receivables) CRISIL AAA(SO) 2.93%
Inox Air Products Limited CRISIL AA 2.69%
Muthoot Finance Limited CRISIL AA 2.68%
Manappuram Finance Limited CARE AA 2.67%
Hinduja Leyland Finance Limited CARE AA- 2.64%
Business Broadcast News Holding
Limited (Corporate Guarantee -
Reliance Capital Limited) CARE AA+(SO) 2.48%
Cholamandalam Investment and
Finance Company Limited ICRA AA 2.26%
Reliance Broadcast Network Limited
(Letter of Comfort/DSRA Guarantee
of Reliance Capital) CARE AA-(SO) 2.26%
India Infoline Finance Limited CARE AA 2.16%
Amba River Coke Limited (long
term take or pay agreement with
JSW Steel ) CARE AA- 2.13%
HPCL-Mittal Pipelines Limited (Long
term take or pay agreement with
HPCL) ICRA AA 2.10%
Future Retail Limited CARE AA- 1.80%
Grand View Estate Private Limited
(Shapoorji Pallonji DSRA Guarantee) ICRA AA(SO) 1.77%
Essential Hospitality Private
Limited (Backed by Lease Rentals
from Dewan Housing Finance
Corporation) CARE AA(SO) 1.62%
Manappuram Finance Limited CRISIL AA- 1.61%
Vedanta Limited CRISIL AA 1.37%
CLP Wind Farms India Private
Limited IND AA 1.33%
Walwhan Renewables Energy
Private Limited (Corporate guarantee
of Tata Power Company Ltd) CARE AA(SO) 1.31%
India Infoline Finance Limited ICRA AA 0.93%
S.D. Corporation Private Limited
(Shapoorji Pallonji DSRA Guarantee) ICRA AA(SO) 0.44%
Total 87.55%

MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
IIFL Facilities Services Limited ICRA A1+ 1.32%
Total 1.32%

Others
CBLO/Reverse Repo8.00%
Net Receivables/(Payables) 3.13%

Grand Total 100.00%

Average Maturity 1.55 years

Modified Duration 1.31 years

YTM 8.30%







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 reasonable returns primarily through investments in fixed income securities and money market instruments. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns
Exit Load: If the units redeemed or switched out are upto 10% of the units purchased or switched in (“the limit”) within 9 months from the date of allotment – Nil. If units redeemed or switched out are over and above the limit within 9 months from the date of allotment – 1%. If units are redeemed or switched out on or after 9 months from the date of allotment – 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'