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

Data as on March 31, 2019


 

L&T Short Term Opportunities Fund

Data as on March 31, 2019


Fund Details

NAV of Plans/Options
(as on March 29, 2019)

Rs
Monthly Dividend - Regular Plan
10.9030
Quarterly Dividend - Regular Plan
10.7073
Annual Dividend - Regular Plan
12.0275
Growth - Regular Plan
17.8430
Bonus - Regular Plan
17.8430
Monthly Dividend - Direct Plan
11.2643
Quarterly Dividend - Direct Plan
11.2033
Annual Dividend - Direct Plan
12.3268
Growth - Direct Plan
18.3552
Date of Inception :
Regular PlanDecember 27, 2011
Direct PlanJanuary 01, 2013
Total Expense Ratio+ : 0.73% (Regular)
0.23% (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)3,356.30
Month end AUM(Rs In Crs)3,595.37

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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
Small Industries Development Bank of India 
CARE AAA
7.60%
Indian Railway Finance Corporation Limited 
CRISIL AAA
7.32%
National Bank for Agriculture & Rural Development 
CRISIL AAA
6.90%
Reliance Industries Limited 
CRISIL AAA
5.09%
Housing Development Finance Corporation Limited 
CRISIL AAA
6.37%
LIC Housing Finance Limited 
CRISIL AAA
4.19%
State Bank Of India 
CRISIL AAA
3.90%
Power Finance Corporation Limited 
CRISIL AAA
3.49%
NTPC Limited 
CRISIL AAA
3.36%
National Highways Authority of India 
CRISIL AAA
3.32%
National Housing Bank
CARE AAA
3.07%
Kotak Mahindra Prime Limited 
CRISIL AAA
2.77%
Rec Limited 
CRISIL AAA
2.77%
Sikka Ports & Terminals Limited (erstwhile Reliance Ports & Terminals Ltd) 
CRISIL AAA
2.44%
Bharat Petroleum Corporation Limited 
CRISIL AAA
2.42%
Reliance Jio Infocomm Limited 
CRISIL AAA
2.38%
Sundaram Finance Limited 
ICRA AAA
2.23%
Power Grid Corporation of India Limited 
CRISIL AAA
2.12%
Mahindra & Mahindra Financial Services Limited 
IND AAA
2.08%
HDB Financial Services Limited 
CARE AAA
2.07%
Bank of Baroda 
CARE AAA
1.40%
Bajaj Finance Limited 
IND AAA
1.39%
LIC Housing Finance Limited 
CARE AAA
1.26%
Bajaj Finance Limited 
CARE AAA
1.11%
Name Of Instrument
Rating/Industry
% to Net Assets

Export Import Bank Of India 
CRISIL AAA
0.97%
National Housing Bank 
CRISIL AAA
0.70%
Indian Railway Finance Corporation Limited 
CARE AAA
0.69%
Export-Import Bank of India 
CRISIL AAA
0.58%
NHPC Limited 
IND AAA
0.28%
Jamnagar Utilities and Power Private Limited ( erstwhile Reliance Utilities and Power Private Limited ) 
CRISIL AAA
0.28%
Bajaj Finance Limited 
CRISIL AAA
0.08%
Sundaram Finance Limited 
CRISIL AAA
0.04%
Housing and Urban Development Corporation Limited 
CARE AAA
0.03%
Bajaj Housing Finance Limited 
CRISIL AAA
0.02%
Total
84.72%
MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
Axis Bank Limited
CRISIL A1+
3.27%
Power Finance Corporation Limited 
CRISIL A1+
2.50%
Indian Oil Corporation Limited
CRISIL A1+
1.11%
HDFC Bank Limited
IND A1+
0.66%
Kotak Mahindra Bank Limited
CRISIL A1+
0.66%
Small Industries Development Bank of India
CARE A1+
0.65%
Total
8.85%
SECURITISED DEBT
Rent-A-Device Trust(Backed by lease rentals from Reliance Retail Ltd)
ICRA AAA(SO)
4.41%
Total
4.41%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo
0.36%
Net Receivable/Payable
1.66%
Grand Total
100.00%
Average Maturity 1.91 years
Modified Duration 1.63 years
YTM 7.81%




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'

pdf