• Mutual Funds
  • L&T Mutual Fund
  • L&T Banking & PSU Debt fund (Growth)

Formerly Fidelity US/T Debt Sup Instl Gr

L&T Mutual Fund

L&T Banking & PSU Debt fund (Growth)

DebtBanking And Psu

19.7174

NAV (Jun 28)

5.8%
3 Year CAGR
Scripbox Opinion
Neutral
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.

Our analysis of this fundLearn how we rate funds ->

Track Record

15 Years. The Fund has Sufficient history for analysis and the track record is good.

Relative Size

4,389 Cr. Large within the category

Impact of Interest Rate Changes

Low Interest Rate Risk. The impact on fund value is quite low 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

Scripbox Recommended Debt Funds

Want the floating rate funds that are right for your short term investment needs?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

19.7174

NAV (Jun 28)

Fund Returns

Last 1Y

0.5%

Last 3Y

5.8%

Last 5Y

6%

Last 10Y

7%

Since Inception

4.7%

6 Month CAGR

-1.4%

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.

Expense Ratio

0.61

Launched (15y ago)

Sep 20, 2007

AUM in Crores

4388.771

ISIN

INF677K01AE7

Lock-in

No Lock-in

Benchmark

NIFTY Banking & PSU Debt TR INR

SIP Minimum

1000

Lumpsum Min.

10000

Fund Managers

Shriram Ramanathan

Fund Manager

Jalpan Shah

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

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.

Asset allocation and Holdings

Last updated on 2022-06-28

Top Debt Holdings

5.74 11/15/2026 12:00:00 am

12.9%
12.9%

5.63 4/12/2026 12:00:00 am

11.2%
11.2%

national bank for agriculture and rural development

9%
9%

small industries development bank of india

8.9%
8.9%

power finance corporation ltd.

7%
7%
See all holdings

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 44,308 cr

5

₹ 14,441 cr

5

₹ 18,739 cr

5

₹ 12,059 cr

5

₹ 44,308 cr

5

About the AMC

L&T Investment Management Ltd

L&T Investment Management Ltd manages assets worth 74,382 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.

amc-img

  • 022-66554000
  • investor.line@lntmf.co.in
  • Fund NameScripbox Opinion
    Till Date CAGR

    4.3%

    5.7%

    3.8%

    5.1%

    6.6%

    6.9%

    4.1%

    5.1%

    4.1%

    5.1%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    L&T Banking & PSU Debt fund (G) Review

    L&T Banking & PSU Debt fund (G) is a Banking And Psu Debt fund and has delivered an annualised return of 4.7% 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.

    Nav of L&T Banking & PSU Debt fund (G) as of 6/28/2022 is ₹19.72 with the total AUM as of 6/29/2022 is ₹4388.771. With Scripbox you can compare and check the latest nav for all mutual funds in India. L&T Banking & PSU Debt fund (G) was launched on Sep 20, 2007. The category risk of the fund is Moderate Risk.

    The minimum SIP amount for L&T Banking & PSU Debt fund (G) 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. Check your estimated returns on mutual funds by using sip calculator.

    L&T Banking & PSU Debt fund (G) 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) is rated as a 2 fund in Debt and delivered 0.5% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with L&T Banking & PSU Debt fund (G).

    Frequently Asked Questions

    What is L&T Banking & PSU Debt fund (G)?

    L&T Banking & PSU Debt fund (G) is a Banking And Psu Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    How to invest in L&T Banking & PSU Debt fund (G)?

    You can invest in L&T Banking & PSU Debt fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

    What is the minimum sip amount of L&T Banking & PSU Debt fund (G)?

    The minimum sip amount for L&T Banking & PSU Debt fund (G) is ₹1000. You can invest in multiples of ₹10000.

    Is L&T Banking & PSU Debt fund (G) good to invest in?

    As per Scripbox experts, L&T Banking & PSU Debt fund (G) is a Neutral fund. You can investL&T Banking & PSU Debt fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    What is the expense ratio of the L&T Banking & PSU Debt fund (G)?

    The expense ratio of the L&T Banking & PSU Debt fund (G) is 0.61% for regular plan.