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

Data as on May 31, 2018


L&T Short Term Opportunities Fund

Data as on May 31, 2018


Fund Details

NAV of Plans/Options
(as on May 31, 2018)

Rs
Monthly Dividend - Regular Plan 10.6695
Quarterly Dividend - Regular Plan 10.6484
Annual Dividend - Regular Plan 11.9501
Growth - Regular Plan 16.6208
Bonus - Regular Plan 16.6208
Monthly Dividend - Direct Plan 10.9607
Quarterly Dividend - Direct Plan 11.0650
Annual Dividend - Direct Plan12.1117
Growth - Direct Plan 17.0261
Date of Inception :
Regular PlanDecember 27, 2011
Direct PlanJanuary 01, 2013
Expense Ratio+ :0.70% (Regular)
0.25% (Direct)
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)3,118.80
Month end AUM(Rs In Crs)3,116.49

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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
Power Finance Corporation Limited CRISIL AAA 9.60%
Housing Development Finance Corporation Limited CRISIL AAA 7.99%
Mahindra & Mahindra Financial Services Limited IND AAA 7.61%
Rural Electrification Corporation Limited CRISIL AAA 6.92%
Power Grid Corporation of India Limited CRISIL AAA 5.13%
Indian Railway Finance Corporation Limited CARE AAA 4.57%
HDB Financial Services Limited CARE AAA 4.01%
National Bank for Agriculture & Rural Development CRISIL AAA 3.52%
Bajaj Finance Limited IND AAA 3.51%
Indiabulls Housing Finance Limited CARE AAA 3.04%
Gruh Finance Limited CRISIL AAA 2.87%
East West Pipeline Ltd (formerly Reliance Gas Transportation Infrastructure Ltd) CRISIL AAA 2.82%
Kotak Mahindra Prime Limited CRISIL AAA 2.38%
NTPC Limited CRISIL AAA 1.73%
Reliance JIO Infocomm Limited CRISIL AAA 1.55%
Powerlinks Transmission Limited CRISIL AAA 1.44%
Indian Railway Finance Corporation Limited CRISIL AAA 0.81%
Export-Import Bank of India CRISIL AAA 0.65%
Name Of Instrument
Rating/Industry
% to Net Assets

NHPC Limited IND AAA 0.32%
Bajaj Finance Limited CARE AAA 0.32%
Reliance Utilities and Power Private Limited CRISIL AAA 0.32%
Small Industries Development Bank of India CARE AAA 0.16%
National Highways Authority of India CRISIL AAA 0.03%
Total 71.30%
MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
Reliance Industries Limited CRISIL A1+ 4.57%
National Bank for Agriculture & Rural Development CRISIL A1+ 3.04%
Small Industries Development Bank of India CARE A1+ 3.04%
ICICI Bank Limited ICRA A1+ 3.02%
Axis Bank Limited ICRA A1+ 2.09%
Axis Bank Limited CRISIL A1+ 1.52%
IndusInd Bank Limited CRISIL A1+ 1.51%
Housing Development Finance Corporation Limited CRISIL A1+ 1.51%
Yes Bank Limited ICRA A1+ 0.30%
Total 20.60%
GOVERNMENT BONDS
06.84% GOI 19-DEC-2022 SOVEREIGN 2.47%
08.13% GOI 21-SEP-2022 SOVEREIGN 2.43%
Total 4.90%
Others
CBLO / Reverse Repo 0.35%
Net Receivable/Payable 2.85%
Grand Total 100.00%
Average Maturity 1.40 years
Modified Duration 1.21 years
YTM 8.38%




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 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'