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NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%
L&L&T MFIDCW

L&T Banking and PSU Debt Fund - Institutional Plan - Monthly Dividend

debtDebt - Banking and PSU Debt FundBenchmark: CRISIL Short Term Bond Index
NAV · 22 Nov 2012₹10.000.00%
AUM₹3.8k Crfrom this fund's primary plan
Expense Ratio0.50%
CAGR—
Exit LoadNil
Min SIP₹1,000from this fund's primary plan
Launched2007

Investment Objective

The investment objective of the Scheme is to seek 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. There is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Fund Mandate

Debt & MMI / securities issued by Banks, PSU and PFI80%–100%
Debt & MMI / securities issued by other entities0%–20%
Asset Allocation
Debt97.6%
Cash & Equivalents2.0%
Other0.4%
Fund Managers
MC
Mahesh Chhabria
Fund Manager
Key Information
0.50%
₹1,000from this fund's primary plan
₹1,00,00,000
Nil
Nil
Inception20 Sep 2007
AMCL&T MF
Top Holdings As of 31 Aug 2026 · disclosed on this fund's primary plan
1EXIM Bank**Bank3.45%
26.94% GOI 11-May-2036G-Sec3.11%
3Indian Railway Finance Corporation Ltd**Finance2.89%
4EXIM Bank**Bank2.76%
5Bharti Telecom Limited**Finance2.71%
6Housing and Urban Development Corp. Ltd.**Finance2.65%
7SIDBI**Bank2.40%
86.36% GOI 16-Feb-2031G-Sec2.24%
9Shivshakti Securitisation Trust**Others2.22%
10HDFC Bank Limited^Bank2.17%
Sector Allocation
Bank44.0%
Finance37.4%
G-Sec11.1%
Others4.3%
Miscellaneous1.4%
Power1.1%
Infrastructure0.7%
On This Page
NAV growthAsset allocationTop holdings
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Latest News

No recent news found for L&T Banking and PSU Debt Fund - Institutional Plan - Monthly Dividend.

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Trailing Returns
PeriodReturns
1 Day0.00%
Risk Metrics

Risk metrics are not available for this fund.

Fees
0.50%
Nil
Nil
₹1,000from this fund's primary plan
₹1,00,00,000
Capital Gains Tax, general rules

This is a debt/other (non-equity-oriented) fund. For units acquired on or after 1 April 2023, gains are taxed at your applicable income-tax slab rate regardless of holding period, the earlier long-term/indexation treatment for debt funds was removed by the Finance Act 2023.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme