Latest NAV & returns of L&T INVESTMENT MANAGEMENT LIMITED

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

Add To Compare

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

NAV on March 27, 2024
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
N/A
Total Assets 601 cr
Turnover Ratio 292.77%
Expense Ratio 0.25%
Exit Load -
Returns
  • 1M: -0.01%
  • 1Y: 2.12%
  • 3M: 0.00%
  • 3Y: 4.05%
  • 6M: -0.01%
  • 5Y: 4.41%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Shriram Ramanathan (Since over 11 years) Mahesh Chhabria (Since over 1 year)
ISIN INF917K01GK1
Fund Family L&T Finance
Launch Date January 01, 2013
Benchmark NIFTY Low Duration Debt Index TR INR
Avg. Maturity 1.41 years
Yield To Maturity (%) 8.02%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 84.82%
AA 15.18%
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 -1.133
Sharpe -1.113
Std Dev 0.840
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
498.795 8.09% 17,094 cr 0.40% Above Average
56.595 7.97% 15,262 cr 0.45% Average
27.042 7.83% 601 cr 0.25% Average
657.914 7.83% 11,206 cr 0.39% Below Average
3291.009 7.76% 8,242 cr 0.41% Average
1585.847 7.74% 488 cr 0.30% Below Average
39.762 7.71% 224 cr 0.37% Average
Best Low Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
498.795 8.09% 17,094 cr 0.4% Above Average
56.595 7.97% 15,262 cr 0.45% Average
27.042 7.83% 601 cr 0.25% Average
657.914 7.83% 11,206 cr 0.39% Below Average
3291.009 7.76% 8,242 cr 0.41% Average
1585.847 7.74% 488 cr 0.3% Below Average
39.762 7.71% 224 cr 0.37% Average


Other plans of HSBC Low Duration Fund


Other Debt funds by L&T Finance