Formerly Fidelity US/T Debt Sup Instl Gr
₹ 19.2931
NAV (Mar 05)
Neutral
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.
Track Record
14 Years. The Fund has Sufficient history for analysis and the track record is good.
Relative Size
5,486 Cr. Large within the category
Impact of Interest Rate Changes
High Interest Rate Risk. The impact on fund value is high when interest rates change
Credit Quality Of Fund's Portfolio
Moderate Credit Risk. The fund has a moderate credit quality compared to other debt funds
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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Scheme Information
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.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Very High Risk
0.61 %
Expense Ratio
Sep 20, 2007
Launched (14y ago)
₹ 5,486
AUM in Crores
INF677K01AE7
ISIN
No Lock-in
Lock-in
NIFTY Banking & PSU Debt TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 10,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
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.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
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About the AMC
L&T Investment Management Ltd
L&T Investment Management Ltd manages assets worth 71,539 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.
Mid Cap
Recommended
Top Ranked
₹ 5,881 Cr
Fund Size
6.9%
3Y returns
Mid Cap
Top Ranked
₹ 5,881 Cr
Fund Size
5.7%
3Y returns
Mid Cap
Top Ranked
₹ 5,881 Cr
Fund Size
5.7%
3Y returns
Small Cap
Top Ranked
₹ 5,348 Cr
Fund Size
3%
3Y returns
Diversified
Top Ranked
₹ 1,235 Cr
Fund Size
5.2%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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L&T Banking & PSU Debt fund (G) is a banking and psu debt fund and has delivered an annualised return of 5.0% over a period of 14 years .The fund was previously known as Fidelity US/T Debt Sup Instl Gr.The fund is managed by L&T Investment Management Ltd.The fund managers are Jalpan Shah, Shriram Ramanathan
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.
The L&T Banking & PSU Debt fund (G) fund was launched on Sep 20, 2007. The NAV (Net Asset Value) of this banking and psu debt as of 2021-03-05 is ₹ 19.2931. The total AUM (Asset Under Management) of the fund as of 2021-03-06 is ₹ 5485.651. The category risk of the L&T Banking & PSU Debt fund (G) fund is Very High Risk. The fund charges 0.61 % as expense ratio.
The fund’s highest allocation is towards debt and has invested 90.9% in this asset class. The top three holdings of the fund are 6.18% govt stock 2024,7.32% govt stock 2024 and ntpc limited
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.
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 (G) has a score of 3 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, L&T Banking & PSU Debt fund (G) has a score of 4 out of 5. The credit risk of the fund is 3 out of 5 as compared to other debt funds.