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L&T Low Duration Fund

L&T Low Duration Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

5.06

as on 23 Jun 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,601 today.

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NAV Performance

L&T Low Duration Fund performance graph for last 3 years
Performance of L&T Low Duration Fund for last 3 Years

Fund Information

  • ₹ 23.039

    as on 23 Jun 2022
  • Regular - Growth

  • -

  • ₹ 10,000

  • ₹ 1,357 Cr.

    as on 31 Dec 2021
  • 0.93%

  • 04 Dec 2010

  • Debt - Low Duration Fund

  • CRISIL 10 Year Gilt Index

  • L&T Mutual Fund

    Show All Funds

Highlights of this fund

L&T Low Duration Fund is an Open-ended Debt Fund. The fund belongs to Low Duration Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 04 Dec 2010. This fund is offered by one of the top AMC (Assets Management Company) L&T Mutual Fund. You can also view here all other Debt funds offered by L&T Mutual Fund.

Latest NAV of the fund is ₹ 23.039 as on 23 Jun 2022.

This fund has 11 years of track record. Since 30 Nov 2021 expense ratio of this fund is 0.93%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 10,000.

Fund 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.

List of Fund Managers of L&T Low Duration Fund

  • About Shriram Ramanathan

    Picture of Shriram RamanathanShriram Ramanathan is Head – Fixed Income at L&T Investment Management and has over 16 years of experience in the fixed income markets in India.He manages L&T Income Opportunities Fund, L&T Low Duration Fund, L&TTriple Ace Bond Fund, L&T Money Market Fund and L&T Resurgent India BondFund. Shriram is the co-manager for L&T Liquid Fund, L&T Short TermOpportunities Fund and L&T Flexi Bond Fund and also manages the debtportion of L&T India Prudence Fund.Prior to joining L&T Investment Management, Sriram was a Portfolio Manager at FIL Fund Management. In his previous roles, he was a Senior Investment Manager – Global Emerging Market Debt (Asia) at ING Investment Management Asia Pacific in Hong Kong, and a fixed income fund manager in India. His earlier assignments were with Zurich Asset Management Company in fixed income research and with the Treasury department of ICICI Bank, where he started his career in investments in 2000.Shriram is a Chartered Financial Analyst and holds a Post Graduate Diploma in Business Management from XLRI Jamshedpur along with an engineering degree from the university of mumbai B.E (Electrical), PGDBM-XLRI, CFA.
  • About Jalpan Shah

    Picture of Jalpan ShahJalpan Shah is a Portfolio Manager – Fixed Income - at L&T Investment Management with over 15 years of experience in the fixed income markets in India. He is the co-portfolio manager for L&T Liquid Fund, L&T Ultra Short Term Fund, L&T Short Term Bond Fund, L&T Flexi Bond Fund, L&T Gilt Fund, L&T Banking & PSU Debt Fund, L&T Cash Fund, L&T Triple Ace Bond Fund and L&T Money Market Fund. Jalpan also manages the debt portion of L&T Conservative Hybrid Fund, L&T Dynamic Equity Fund and L&T Equity Savings Fund.Prior to joining L&T Investment Management, he was an Associate Fixed Income Trader at Fidelity International and was also associated with UTI Mutual Fund as a Research Analyst.Jalpan holds a post graduate degree in Management from T A Pai Management Institute and a Mechanical Engineering degree from Sardar Patel University B.E. (Mechanical), PGDM.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately Low Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.20% 0.38% 0.98% 10.19% 11.79% 14.47% 7.29% 6.40% 7.75% 5.99% 6.82% 7.02% 5.64% 6.97%
Category Average 0.09% 0.26% 0.44% 1.69% 3.32% 4.61% 4.41% 5.03% 6.45% 2.65% 3.35% 4.21% 4.90% 6.19%
L&T Low Duration Fund 0.11%₹ 10,010 0.33%₹ 10,033 0.44%₹ 10,044 1.33%₹ 10,132 3.01%₹ 10,300 2.62%₹ 12,169 4.88%₹ 10,999 3.27%₹ 24,822 5.06%₹ 11,601 4.11%₹ 38,328 5.32%₹ 12,959 4.72%₹ 67,606 - -
ICICI Prudential Savings Fund -0.25%₹ 9,974 -0.28%₹ 9,972 0.03%₹ 10,003 0.61%₹ 10,061 2.60%₹ 10,260 1.43%₹ 12,092 4.26%₹ 10,870 2.93%₹ 24,735 5.76%₹ 11,836 4.27%₹ 38,422 6.40%₹ 13,641 5.64%₹ 69,185 7.75%₹ 21,110 6.97%₹ 1,71,725
HDFC Low Duration Fund 0.02%₹ 10,002 0.12%₹ 10,011 0.22%₹ 10,021 1.06%₹ 10,105 2.89%₹ 10,288 2.21%₹ 12,143 4.40%₹ 10,899 3.25%₹ 24,814 5.57%₹ 11,771 4.36%₹ 38,470 6.03%₹ 13,401 5.46%₹ 68,872 7.07%₹ 19,809 6.48%₹ 1,67,394
Axis Treasury Advantage Fund 0.08%₹ 10,007 0.33%₹ 10,033 0.51%₹ 10,050 1.46%₹ 10,145 3.31%₹ 10,331 2.91%₹ 12,188 4.08%₹ 10,831 3.46%₹ 24,869 5.60%₹ 11,781 4.39%₹ 38,492 6.31%₹ 13,584 5.61%₹ 69,143 7.45%₹ 20,529 6.73%₹ 1,69,581
Aditya Birla Sun Life Low Duration Fund 0.09%₹ 10,009 0.27%₹ 10,027 0.56%₹ 10,056 1.43%₹ 10,143 3.13%₹ 10,312 2.78%₹ 12,179 4.12%₹ 10,841 3.38%₹ 24,848 5.57%₹ 11,771 4.37%₹ 38,479 6.15%₹ 13,481 5.52%₹ 68,977 7.30%₹ 20,233 6.62%₹ 1,68,622
IDFC Low Duration Fund 0.20%₹ 10,019 0.36%₹ 10,036 0.33%₹ 10,032 1.24%₹ 10,124 2.96%₹ 10,296 2.53%₹ 12,163 3.64%₹ 10,741 3.10%₹ 24,779 5.23%₹ 11,656 4.02%₹ 38,276 6.04%₹ 13,408 5.26%₹ 68,538 7.52%₹ 20,653 6.65%₹ 1,68,891

Portfolio Holdings

Portfolio holdings pattern of L&T Low Duration Fund as on 25 Jun 2022 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    96.56%
  • Others Holdings:

    3.44%

Top Debt Instrument Type holdings of L&T Low Duration Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 57.18% ₹ 512.66 Cr.
GOI 31.53% ₹ 282.78 Cr.
PTC 4.04% ₹ 36.22 Cr.
CD 2.70% ₹ 24.23 Cr.
CP 1.11% ₹ 9.92 Cr.
Others 3.44% -

Top Debt Holdings of L&T Low Duration Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 31.53% ₹ 282.78 Cr.
Bond - Housing Development Finance Corporation Ltd. 7.49% ₹ 67.09 Cr.
Bond - National Bank for Agriculture & Rural Development 5.81% ₹ 52.11 Cr.
Bond - India Grid Trust 4.98% ₹ 44.68 Cr.
Bond - ONGC Petro-Additions Ltd. 4.83% ₹ 43.24 Cr.
Others 45.36%

Other Holdings

Holding TypeHolding Percentage
TREPS 7.52%
Net Receivables -4.08%