L&T Short Term Income Fund

Data as on September 29, 2017


L&T Short Term Income Fund

Data as on September 29, 2017


Fund Details

NAV of Plans/Options
(as on September 29, 2017)

Rs
Dividend Option - Regular Plan 10.8578
Annual Dividend Option - Regular Plan 11.1303
Growth Option - Regular Plan 18.1643
Dividend Option - Direct Plan 11.1351
Annual Dividend Option - Direct Plan 11.1518
Growth Option - Direct Plan 18.4122
Date of Inception :
Regular PlanDecember 04, 2010
Direct PlanJanuary 01, 2013
Expense Ratio+ :0.87% (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)893.96
Month end AUM(Rs In Crs)954.57

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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
 
Adani Transmission Limited IND AA + 5.87%
Indiabulls Housing Finance Limited CARE AAA 5.84%
Bharat Aluminium Company Limited ICRA AA- 5.24%
Dewan Housing Finance Corporation Limited CARE AAA 3.96%
Reliance Broadcast Network Limited (Letter of Comfort/DSRA Guarantee of Reliance Capital) CARE AA-(SO) 3.82%
Tata Power Renewable Energy Limited (Corporate guarantee of Tata Power Company Ltd) CARE AA(SO) 3.70%
Essel Propack Limited CARE AA 3.69%
JM Financial Products Limited ICRA AA 3.59%
Oriental Nagpur Betul Highway Limited (Nhai Annuity Receivables) CRISIL AAA(SO) 3.49%
Indostar Capital Finance Limited CARE AA- 3.26%
Inox Air Products Limited CRISIL AA 3.20%
Muthoot Finance Limited CRISIL AA 3.18%
Sprit Textiles Limited BWR AA-(so) 3.17%
Hinduja Leyland Finance Limited CARE AA- 3.14%
Business Broadcast News Holding Limited (Corporate Guarantee - Reliance Capital Limited) CARE AA+(SO) 2.97%
Cholamandalam Investment and Finance Company Limited ICRA AA 2.71%
India Infoline Finance Limited CARE AA 2.58%
Amba River Coke Limited (long term take or pay agreement with JSW Steel ) CARE AA- 2.54%
HPCL Mittal Energy Limited (Long term take or pay agreement with HPCL) ICRA AA 2.51%
Name Of Instrument Rating/Industry % to Net
Assets

HPCL-Mittal Pipelines Limited (Long term take or pay agreement with HPCL) ICRA AA 2.49%
Future Retail Limited CARE AA- 2.13%
Manappuram Finance Limited CARE AA- 2.12%
Grand View Estate Private Limited (Shapoorji PallonjiDSRA Guarantee) ICRA AA(SO) 2.11%
IIFL Facilities Services Limited ICRA AA 2.10%
Aadhar Housing Finance Limited CARE AA+(SO) 2.10%
Essential Hospitality Private Limited (Backed by Lease Rentals from Dewan Housing Finance Corporation) CARE AA(SO) 1.98%
Manappuram Finance Limited CRISIL AA- 1.92%
CLP Wind Farms India Private Limited IND AA 1.59%
Welspun Renewables Energy Private Limited (Corporate guarantee of Tata Power Company Ltd) CARE AA(SO) 1.56%
India Infoline Finance Limited ICRA AA 1.11%
S.D. Corporation Private Limited (Shapoorji Pallonji DSRA Guarantee) ICRA AA(SO) 1.06%
JM Financial Products Limited ICRA AA 0.43%
Total 90.73%

Others
CBLO/Reverse Repo6.85%
Net Receivables/(Payables) 2.42%

Grand Total 100.00%

Average Maturity 1.76 years

Modified Duration 1.48 years

YTM 8.27%

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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
 
Adani Transmission Limited IND AA + 5.87%
Indiabulls Housing Finance Limited CARE AAA 5.84%
Bharat Aluminium Company Limited ICRA AA- 5.24%
Dewan Housing Finance Corporation Limited CARE AAA 3.96%
Reliance Broadcast Network Limited (Letter of Comfort/DSRA Guarantee of Reliance Capital) CARE AA-(SO) 3.82%
Tata Power Renewable Energy Limited (Corporate guarantee of Tata Power Company Ltd) CARE AA(SO) 3.70%
Essel Propack Limited CARE AA 3.69%
JM Financial Products Limited ICRA AA 3.59%
Oriental Nagpur Betul Highway Limited (Nhai Annuity Receivables) CRISIL AAA(SO) 3.49%
Indostar Capital Finance Limited CARE AA- 3.26%
Inox Air Products Limited CRISIL AA 3.20%
Muthoot Finance Limited CRISIL AA 3.18%
Sprit Textiles Limited BWR AA-(so) 3.17%
Hinduja Leyland Finance Limited CARE AA- 3.14%
Business Broadcast News Holding Limited (Corporate Guarantee - Reliance Capital Limited) CARE AA+(SO) 2.97%
Cholamandalam Investment and Finance Company Limited ICRA AA 2.71%
India Infoline Finance Limited CARE AA 2.58%
Amba River Coke Limited (long term take or pay agreement with JSW Steel ) CARE AA- 2.54%
HPCL Mittal Energy Limited (Long term take or pay agreement with HPCL) ICRA AA 2.51%
HPCL-Mittal Pipelines Limited (Long term take or pay agreement with HPCL) ICRA AA 2.49%
Future Retail Limited CARE AA- 2.13%
Manappuram Finance Limited CARE AA- 2.12%
Grand View Estate Private Limited (Shapoorji PallonjiDSRA Guarantee) ICRA AA(SO) 2.11%
IIFL Facilities Services Limited ICRA AA 2.10%
Aadhar Housing Finance Limited CARE AA+(SO) 2.10%
Essential Hospitality Private Limited (Backed by Lease Rentals from Dewan Housing Finance Corporation) CARE AA(SO) 1.98%
Manappuram Finance Limited CRISIL AA- 1.92%
CLP Wind Farms India Private Limited IND AA 1.59%
Welspun Renewables Energy Private Limited (Corporate guarantee of Tata Power Company Ltd) CARE AA(SO) 1.56%
India Infoline Finance Limited ICRA AA 1.11%
S.D. Corporation Private Limited (Shapoorji Pallonji DSRA Guarantee) ICRA AA(SO) 1.06%
JM Financial Products Limited ICRA AA 0.43%
Total 90.73%

Others
CBLO/Reverse Repo6.85%
Net Receivables/(Payables) 2.42%

Grand Total 100.00%

Average Maturity 1.76 years

Modified Duration 1.48 years

YTM 8.27%







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'