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L&T Low Duration Fund Direct Plan Growth Option

3 yr CAGR




Fund overview


Net Asset Value


AUM (Fund size)

1,247.77 Crore

Lock-in period

No Lock-in

Exit Load

0% in 0 days

Expense ratio



Low to Moderate

Top holdings

(A) Tri Party Repo Dealing System (Treps)/Reverse Repo9.94%
Power Finance Corporation Limited6.24%
Housing Development Finance Corporation Limited5.46%
National Bank For Agriculture and Rural Development4.14%
Reliance Industries Limited4.14%
182 DTB 301220213.99%
Axis Bank Limited3.94%
India Grid Trust3.64%
Tata Capital Financial Services Limited3.16%
Manappuram Finance Limited3.06%

Calculate returns

Monthly (SIP)
₹4,000 invested monthly becomes 0 in a period of 20 years

About L&T Investment Management Ltd

L&T Investment Management Limited is the Asset Management Company (AMC) for all L&T Mutual Fund schemes. L&T Finance Holdings Limited (LTFH), a listed company, is the sponsor for the AMC. It started its operations in 2010.


Shriram Ramanathan, Jalpan Shah


Citibank N.A. India


L&T Investment Management Limited 6th Floor, Mafatlal Centre,

Fax Nos.

+91 22 66554070

Telephone Nos.

+91 22 66554000


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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.

Start your investment
Monthly (SIP)
Estimated value after 3 years

(as per historical returns)

1.97 Lakhs
Min investmentment of ₹1000 required

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Frequently Asked Questions

What are debt-funds?

Debt funds is an investment vehicle that mainly invest in fixed income securities like corporate bonds, treasury bills, government securities and other money market instruments.

Who should invest in a debt fund?

Debt funds are ideal for investors who want regular income, but are risk-averse. Debt funds are less volatile and, hence, are less risky than equity funds.

What are liquid funds?

Liquid funds is a type of mutual funds which have a very short maturity period, not more than 91 days. The shorter maturity period, makes it almost a risk-free investment.You can get your money out of liquid funds any time without any penalty or cost.

What is a lock-in period?

It is the period for which your money will remain locked in the mutual fund. Most mutuals do not have any lock-in period. ELSS, Tax-Savers, come with a lock-in of 3 years which is the lowest compared to other 80C investment options. Lock-in period is calculated from the date of investment. Meaning SIPs will have different lock-in dates

Is KYC necessary for BLACK?

KYC is necessary for all fund houses. If you are investing through BLACK, you need to do your KYC just once. The same KYC will be used for all further investments.

What is a Mandate (Auto-SIP)?

A Mandate is a one-time registration through which you instruct your bank account to deduct a specified amount of money from your account daily towards investing into a SIP portfolio. Once you register for Mandate, you don’t have to follow the payment process every time you invest in the SIP.