L&T Low Duration Fund Direct Plan Growth Option - Latest NAV ₹22.9224, Returns, Performance & Portfolio

L&T Low Duration Fund Direct Plan Growth Option

  • highlight
    7.43%
  • highlight
    22.9224

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 5.52 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years7.43%
3 Years6.38%
1 Year6.86%
6 Months2.17%
Fund Details
ISININF917K01GM7
RiskLow to Moderate Risk
Fund TypeLow Duration
NAV22.9224
Exit Load--

More about this fundstar

Top HoldingsWeightage
8.08% Govt Stock 20227.98%
Indian Oil Corporation Limited5.25%
182 DTB 150720214.95%
364 DTB 050820214.94%
Reliance Ports and Terminals Limited4.34%
Small Industries Development Bank of India4.28%
LIC Housing Finance Limited3.7%
Tata Steel Limited3.6%
Housing Development Finance Corporation Limited3.53%
Aditya Birla Fashion and Retail Limited2.91%

About L&T Low Duration Fund - Direct Plan - Growth

The main intention of the scheme is to generate a considerable amount of returns in the form of both dividends and capital gains by investing primarily in fixed-income securities across both debt and money markets.

Pros and Cons of L&T Low Duration Fund - Direct Plan - Growth

The most significant advantage of investing in L&T Low Duration Fund - Direct Plan - Growth is that you gain exposure to a diversified portfolio consisting of a variety of fixed-income assets. This fund is suitable for those investors who do not like to take a high risk. On the flip side, the returns can be curtailed as equity exposure is minimal to nil.

Fund Information and Statistics

i) Inception/Launch Date

L&T Low Duration Fund - Direct Plan - Growth was launched on 1 January 2013.

ii) Risk Level

L&T Low Duration Fund - Direct Plan - Growth has been categorised under ‘moderately risky’ class of mutual funds.

iii) Redemption

Since L&T Low Duration Fund - Direct Plan - Growth is an open-ended mutual fund scheme, you can redeem your investment at any time.

iv) Fund Manager

Mr Jalpan Shah and Mr Shriram Ramanathan are the current fund managers of L&T Low Duration Fund - Direct Plan - Growth.

v) Entry/Exit load

There is no entry load in accordance with the norms of the Indian market regulator. To facilitate instant withdrawal and a high degree of liquidity, the fund house has not levied any exit load on L&T Low Duration Fund - Direct Plan - Growth.

About L&T Mutual Fund

L&T Mutual Fund came into the Indian mutual fund fore back in the year 1996 when it officially registered itself with the Securities and Exchange Board of India (SEBI) in April, with L&T Finance Holdings Limited as its sponsor and L&T Mutual Fund Trustee Limited as its trustee. As of June 2020, the fund house’s assets under management (AUM) amounted to touch Rs 58,361.93 crore.

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Frequently Asked Questions

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Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 5.52 Lakhs in a period of 20 years
Low to Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns