Click here for top ranked funds in banking and psu mutual funds.
However, Scripbox does not recommend investing in banking and psu mutual funds.
Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.
They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.
The category accounts for close to 8% of the total assets in the Debt Segment.
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
No single fund can achieve what a plan can. Learn why
Historical NAV
₹ 11.2822
NAV (Oct 21)
Fund Returns
Last 1Y
4%
Last 3Y
7.2%
Last 5Y
6%
Last 10Y
5.7%
Since Inception
4%
6 Month CAGR
2.3%
Scheme Information
Investment Objective
To generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks,Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs) in India.There is no assurance that the investment objective of the scheme will be realized.
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
L&T Investment Management Ltd manages assets worth 83,412 crores and was set up on 25 April 1996. It's current offering of mutual fund schemes includes 36 equity,71 debt and 24 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
How to invest in best mutual funds?
Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.
01
Choose a plan
Choose a plan to invest to start investing
02
Create an Account
Create an account with Scripbox through a paperless process, to invest in this fund.
03
Invest online & transfer
Invest via netbanking, UPI or through an SIP (eNACH mandate).
04
Track your investments
Track, invest more and withdraw your investments through the Scripbox dashboard
TRUST
4100+Crores
2500+Cities
7200+Customers
We manage to deliver better strategies to people who trust us.
We thrive on trust. You don’t need to just take our word for it! Get started with your wealth creation without worry.
Investing has helped me dream bigger for my lifeDr. Shraddha BahirwaniSr. Dental Consultant
About L&T Banking & PSU Debt fund of Income Dis cum Cap wdrl (RIDCW-M)
About L&T Banking & PSU Debt fund of Income Dis cum Cap wdrl (RIDCW-M)
L&T Banking & PSU Debt fund of Income Dis cum Cap wdrl (RIDCW-M) is a Banking And Psu Debt fund and has delivered an annualised return of 4% over a period of 14 years. The fund was previously known as L&T Bkg & PSU Debt Mn DR . The fund is managed by L&T Investment Management Ltd. The fund managers are Jalpan Shah, Shriram Ramanathan
L&T Banking & PSU Debt fund of Income Dis cum Cap wdrl (RIDCW-M) Investment Objective
To generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks,Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs) in India.There is no assurance that the investment objective of the scheme will be realized. . However, there is no assurance that the objective of the scheme will be realized.
L&T Banking & PSU Debt fund of Income Dis cum Cap wdrl (RIDCW-M) NAV,AUM,Risk
The L&T Banking & PSU Debt fund of Income Dis cum Cap wdrl (RIDCW-M) fund was launched on Sep 20, 2007. The NAV (Net Asset Value) of this Banking And Psu Debt fund as of 2021-10-21 is ₹11.28. The total AUM (Asset Under Management) of the fund as of 22/10/2021 is ₹4934.11. The category risk of the L&T Banking & PSU Debt fund of Income Dis cum Cap wdrl (RIDCW-M) fund is Low to Moderate Risk. The fund charges 0.61 % as expense ratio.
L&T Banking & PSU Debt fund of Income Dis cum Cap wdrl (RIDCW-M) Holdings
The fund’s highest allocation is towards Debt and has invested 89% in this asset class. The top three holdings of the fund are , 6.18% govt stock 2024 , 7.32% govt stock 2024 , ntpc limited , indian oil corporation limited , indian railway finance corporation limited , national housing bank , national bank for agriculture and rural development , national bank for agriculture and rural development , export-import bank of india , hdfc bank limited , hindustan petroleum corporation limited , 7.16% govt stock 2023 , power finance corporation limited , housing development finance corporation limited , rural electrification corporation limited , hindustan petroleum corporation limited , (a) tri party repo dealing system (treps)/reverse repo , power grid corporation of india limited , indian railway finance corporation limited , housing development finance corporation limited , national housing bank , national housing bank , power grid corporation of india limited , housing development finance corporation limited , housing and urban development corporation limited (hudco) , small industries development bank of india , rural electrification corporation limited , export-import bank of india , indian railway finance corporation limited , national highways authority of india , export-import bank of india , power grid corporation of india limited , housing development finance corporation limited , power finance corporation limited , power grid corporation of india limited , (b) net receivables/(payables) , indian railway finance corporation limited , export-import bank of india , power grid corporation of india limited , housing and urban development corporation limited , indian railway finance corporation limited , nhpc limited , 7.35% govt stock 2024 , nuclear power corporation of india limited , export-import bank of india
L&T Banking & PSU Debt fund of Income Dis cum Cap wdrl (RIDCW-M) Sip
The minimum SIP (Systematic Investment Plan) amount for this is ₹1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 10000.
L&T Banking & PSU Debt fund of Income Dis cum Cap wdrl (RIDCW-M) Investment volatility and Horizon
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY Banking & PSU Debt TR INR.
L&T Banking & PSU Debt fund of Income Dis cum Cap wdrl (RIDCW-M) Review
L&T Banking & PSU Debt fund of Income Dis cum Cap wdrl (RIDCW-M) has a score of 3 on a scale of 5. The fund has a score of 4 out of 5 based on historical performance. As compared to the other funds in its category, L&T Banking & PSU Debt fund of Income Dis cum Cap wdrl (RIDCW-M) has a score of 4out of 5
The credit risk of the fund is 3 out of 5 as compared to other debt funds.
