Latest NAV & returns of L&T INVESTMENT MANAGEMENT LIMITED

HSBC Low Duration Fund Direct Plan Reinvestment of Income Dis cum Cap Wrdl

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previously known as L&T Low Duration Dir IDCW-R until

NAV on December 01, 2023
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 517 cr
Turnover Ratio 292.77%
Expense Ratio 0.25%
Exit Load -
Returns
  • 1M: -0.06%
  • 1Y: 4.88%
  • 3M: -0.09%
  • 3Y: 4.44%
  • 6M: 1.15%
  • 5Y: 4.92%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Shriram Ramanathan (Since about 11 years) Mahesh Chhabria (Since about 1 year)
ISIN INF917K01GK1
Fund Family L&T Finance
Launch Date January 01, 2013
Benchmark NIFTY Low Duration Debt Index TR INR
Avg. Maturity 1.71 years
Yield To Maturity (%) 7.74%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 88.83%
AA 11.17%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs NIFTY Low Duration Debt Index TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino -0.746
Sharpe -0.692
Std Dev 0.779
Risk Above Average
INVESTMENT OBJECTIVE

To provide liquidity and reasonable returns by investing primarily in a mix of short term debt and money market instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Low Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
55.236 7.59% 15,555 cr 0.45% Average
486.491 7.54% 22,041 cr 0.40% Above Average
641.998 7.47% 12,489 cr 0.38% Average
26.399 7.44% 517 cr 0.25% Average
38.838 7.43% 185 cr 0.37% Above Average
1547.644 7.40% 485 cr 0.30% Below Average
3211.737 7.39% 10,791 cr 0.42% Average
Best Low Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
30.265 12.59% 544 cr 0.33% Above Average
55.236 7.59% 15,555 cr 0.45% Average
486.491 7.54% 22,041 cr 0.4% Above Average
641.998 7.47% 12,489 cr 0.38% Average
26.399 7.44% 517 cr 0.25% Average
38.838 7.43% 185 cr 0.37% Above Average
1547.644 7.40% 485 cr 0.3% Below Average


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