Latest NAV & returns of L&T INVESTMENT MANAGEMENT LIMITED

HSBC Short Duration Fund Direct Quarterly Reinvestment of Income Distribution cum Cap Wdrl

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previously known as L&T Short Term Bond Dir Qt IDCW-R until

NAV on June 19, 2026
Category Fixed income:
Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 3,844 cr
Turnover Ratio 133.27%
Expense Ratio 0.27%
Exit Load -
Returns
  • 1M: 1.46%
  • 1Y: 5.13%
  • 3M: 1.55%
  • 3Y: 7.19%
  • 6M: 2.50%
  • 5Y: 5.76%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Shriram Ramanathan (Since about 2 years) Mohd Asif Rizwi (Since over 2 years)
ISIN INF917K01IR2
Fund Family L&T Finance
Launch Date December 27, 2011
Benchmark Nifty Short Dura Debt Idx A-II TR INR
Avg. Maturity 2.50 years
Yield To Maturity (%) 7.49%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 100.00%
AA 0.00%
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 Short Dura Debt Idx A-II TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 0.431
Sharpe 0.278
Std Dev 1.201
Risk Average
INVESTMENT OBJECTIVE

To provide a reasonable income through a diversified portfolio of fixed income securities such that the Macaulay duration of the portfolio is between 1 year to 3 years. 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 Short Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
69.835 6.28% 21,229 cr 0.38% Low
35.823 5.97% 8,734 cr 0.37% Below Average
54.550 5.81% 6,825 cr 0.30% Average
60.842 5.77% 7,247 cr 0.32% Average
35.000 5.69% 14,864 cr 0.39% Low
60.580 5.27% 15,287 cr 0.39% Average
33.479 5.23% 259 cr 0.37% Average
Best Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
39.099 13.62% 330 cr 0.28% Above Average
25.797 6.71% 25 cr 0.28% High
69.835 6.28% 21,229 cr 0.38% Low
35.823 5.97% 8,734 cr 0.37% Below Average
64.901 5.83% 8,327 cr 0.29% Average
54.550 5.81% 6,825 cr 0.3% Average
60.842 5.77% 7,247 cr 0.32% Average


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