CLOSED
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 MFGrowth

L&T Banking and PSU Debt Fund - Retail Plan - Growth

debtDebt - Banking and PSU Debt FundBenchmark: CRISIL Short Term Bond Index
NAV · 11 Nov 2016₹19.81-0.04%
AUM₹506 Cr
Expense Ratio—
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
Debt91.9%
Cash & Equivalents8.1%
Fund Managers
JS
Jalpan Shah
Fund Manager
Key Information
—
₹1,000from this fund's primary plan
₹10,000
Nil
Nil
Inception20 Sep 2007
AMCL&T MF
Top Holdings As of 31 Oct 2016
107.59% GOI 11-JAN-2026G-Sec8.39%
2CBLO / Reverse RepoOthers7.86%
3Power Grid Corporation of India LimitedPower6.19%
4Indian Railway Finance Corporation LimitedFinance5.07%
5Small Industries Development Bank of IndiaBank5.05%
6National Bank for Agriculture & Rural DevelopmentBank5.02%
7Power Finance Corporation LimitedFinance4.96%
8Axis Bank LimitedBank4.95%
9ICICI Bank LimitedBank4.94%
10State Bank of HyderabadBank4.84%
Sector Allocation
Bank44.8%
Finance28.0%
Power10.7%
G-Sec8.4%
Others8.1%
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 - Retail Plan - Growth.

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Trailing Returns
PeriodReturns
1 Day-0.04%
Risk Metrics

Risk metrics are not available for this fund.

Fees
—
Nil
Nil
₹1,000from this fund's primary plan
₹10,000
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