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

Data as on January 31, 2019


 

L&T Short Term Opportunities Fund

Data as on January 31, 2019


Fund Details

NAV of Plans/Options
(as on January 31, 2019)

Rs
Monthly Dividend - Regular Plan
10.7958
Quarterly Dividend - Regular Plan
10.7017
Annual Dividend - Regular Plan
12.5875
Growth - Regular Plan
17.5056
Bonus - Regular Plan
17.5056
Monthly Dividend - Direct Plan
11.1409
Quarterly Dividend - Direct Plan
11.1790
Annual Dividend - Direct Plan
12.9197
Growth - Direct Plan
17.9931
Date of Inception :
Regular PlanDecember 27, 2011
Direct PlanJanuary 01, 2013
Total Expense Ratio+ : 0.72% (Regular)
0.22% (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)3,134.60
Month end AUM(Rs In Crs)3,151.82

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 7.74%
LIC Housing Finance Limited CRISIL AAA 5.58%
Rec Limited CRISIL AAA 5.50%
Reliance Industries Limited CRISIL AAA 5.44%
Power Grid Corporation of India Limited CRISIL AAA 5.10%
State Bank Of India CRISIL AAA 4.04%
Power Finance Corporation Limited CRISIL AAA 3.98%
Mahindra & Mahindra Financial Services Limited IND AAA 3.94%
Housing Development Finance Corporation Limited CRISIL AAA 3.74%
Sikka Ports & Terminals Limited (erstwhile Reliance Ports & Terminals Ltd) CRISIL AAA 2.77%
Reliance Jio Infocomm Limited CRISIL AAA 2.69%
Bajaj Finance Limited IND AAA 2.68%
Small Industries Development Bank of India CARE AAA 2.59%
Sundaram Finance Limited ICRA AAA 2.38%
Indian Railway Finance Corporation Limited CARE AAA 2.36%
Bank of Baroda CARE AAA 1.57%
Kotak Mahindra Prime Limited CRISIL AAA 1.56%
Bharat Petroleum Corporation Limited CRISIL AAA 1.29%
NTPC Limited CRISIL AAA 0.92%
Indian Railway Finance Corporation Limited CRISIL AAA 0.80%
Export-Import Bank of India CRISIL AAA 0.65%
NHPC Limited IND AAA 0.32%
Name Of Instrument
Rating/Industry
% to Net Assets

Jamnagar Utilities and Power Private Limited ( erstwhile Reliance Utilities and Power Private Limited ) CRISIL AAA 0.31%
Bajaj Finance Limited CRISIL AAA 0.19%
Tata Capital Financial Services Limited ICRA AAA 0.16%
HDB Financial Services Limited CARE AAA 2.41%
Sundaram Finance Limited CRISIL AAA 0.05%
Total 70.76%
MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
Kotak Mahindra Bank Limited CRISIL A1+ 1.47%
HDFC Bank Limited IND A1+ 0.90%
HDB Financial Services Limited CRISIL A1+ 0.46%
Yes Bank Limited ICRA A1+ 0.31%
Axis Bank Limited ICRA A1+ 0.13%
Total 3.27%
GOVERNMENT BONDS  
07.37% GOI 16-APR-2023 SOVEREIGN 7.19%
Total 7.19%
SECURITISED DEBT
Rent-A-Device Trust(Backed by lease rentals from Reliance Retail Ltd) ICRA AAA(SO) 4.93%
Total 4.93%
Others
Tri-Party REPO /Reverse Repo 11.80%
Net Receivable/Payable 2.05%
Grand Total 100.00%
Average Maturity 1.82 years
Modified Duration 1.53 years
YTM 8.28%




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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