L&T Banking and PSU Debt Fund (G)
Scheme Information
2019-11-14
| Asset Management Company (AMC) | L&T Investment Management Limited |
| Asset Class Type | Debt |
| Inception Date | Sep 20, 2007 |
| Benchmark | Crisil Short Term Bond Fund Index |
| Objective | The investment objective of the Scheme is to seek 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 and the Scheme does not assure or guarantee any returns. |
| Fund Manager | Jalpan Shah |
| AUM (In Crores) | 1822.87 |
| Allocation |
Debt: 95.5578% Others: 4.4422% |
| Minimum Investment Amount |
First Investment:
10000
|
| Expense Ratio | 0.62 |
| Average Maturity | 1197.20 Days |
| Modified Duration | 970.90 Days |
| Yield to Maturity | 6.96% |
Scripbox has taken due care and caution in compilation of the data contained in this factsheet. This data has been obtained by Scripbox from sources which it considers reliable. However, please verify the data from the mutual fund (link provided) before taking any Investment action based on this information.
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