L&T Banking and PSU Debt Fundᵟ

Data as on November 30, 2018

L&T Banking and PSU Debt Fund

Data as on November 30, 2018

Fund Details

NAV of Plans/Options
(as on November 30, 2018)

Daily Dividend Option - Regular Plan
Weekly Dividend Option - Regular Plan
Monthly Dividend Option - Regular Plan
Growth Option - Regular Plan
Weekly Dividend Option - Direct Plan
Monthly Dividend Option - Direct Plan
Growth Option - Direct Plan
Date of Inception :
Regular PlanSeptember 12, 2012
Direct PlanJanuary 01, 2013
Total Expense Ratio+ : 0.60% (Regular)
0.20% (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 option (Reinvestment and Payout)
Minimum Application size (Initial)Rs 10,000 per application
Additional InvestmentRs1,000 per application and thereafter in
multiples of Re. 1
Minimum Redemption SizeRs 500 or 50 units
Fund ManagerMr. Jalpan Shah & Mr. Shriram Ramanathan (w.e.f. April 03, 2017)
BenchmarkCRISIL Short Term Bond Fund Index
Monthly Average AUM (Rs In Crs)155.79
Month end AUM(Rs In Crs)156.11

Portfolio Allocation
Name Of Instrument
% to Net Assets

Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
Small Industries Development Bank of India CARE AAA 11.54%
National Housing Bank CRISIL AAA 11.52%
Tata Sons Limited CRISIL AAA 10.95%
Indian Railway Finance Corporation Limited CRISIL AAA 10.92%
Tata Capital Financial Services Limited ICRA AAA 6.39%
Housing Development Finance Corporation Limited CRISIL AAA 3.20%
Total 54.52%
Name Of Instrument
% to Net

Commercial Paper/Certificate of Deposit
Axis Bank Limited ICRA A1+ 11.93%
HDFC Bank Limited IND A1+ 9.43%
ICICI Bank Limited ICRA A1+ 9.41%
IndusInd Bank Limited CRISIL A1+ 9.40%
Total 40.17%
Tri Party Repo Dealing System (TREPS)/Reverse Repo 2.47%
Net Receivable/Payable 2.84%
Grand Total 100.00%
Average Maturity 0.28 years
Modified Duration 0.26 years
YTM 7.55%

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 reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector undertakings (PSUs) and Public Financial Institutions (PFIs) in India.
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 expenses charged to Retail and Institutional Plans (subscriptions under which are not accepted w.e.f. October 01, 2012), please refer to the respective fund page under “Our Funds on our website www.ltfs.com
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'