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  • L&T Short Term Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A)

Formerly L&T Short Term Bond Ann DP

L&T Mutual Fund

L&T Short Term Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A)

DebtShort Term

Top Ranked

12.695

NAV (Oct 21)

6.3%
3 Year CAGR
Scripbox Opinion

Top Ranked

These are the top-ranked funds within short term mutual funds.However, Scripbox does not recommend investing in short term mutual funds.Short Term Funds invest in debt and money market instruments such that the duration of the portfolio is between 1 to 3 years.This exposes them to higher variations when interest rates change.

The category is one of the largest categories within the Debt Segment (9% of the total assets).

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.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

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

Relative Size

4,530 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

Low Credit Risk. The fund has a high credit quality compared to other debt funds

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Short Term Money

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • graph-icon-gray
    Historical growth rate of 6.5% per annum
  • graph-icon-gray
    Recommended Duration 1 - 5 years
  • graph-icon-gray
    No Lock-in
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    Expert Investing Only, Car, Down Payment

No single fund can achieve what a plan can. Learn why

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Historical NAV

12.695

NAV (Oct 21)

Fund Returns

Last 1Y
3.4%
Last 3Y
6.3%
Last 5Y
6%
Last 10Y
NA
Since Inception
6.3%
6 Month CAGR
2.3%
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Scheme Information

Investment Objective

To generate regular returns and capital appreciation by investing in debt,government and money market securities.There is no assurance that the investment objective of the scheme will be realized.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

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Low to Moderate Risk

Expense Ratio
0.75
Launched (6y ago)
Oct 12, 2015
AUM in Crores
4529.482
ISIN
INF917K01VT1
Lock-in
No Lock-in
Benchmark
Nifty Short Duration Debt TR INR
SIP Minimum
1000
Lumpsum Min.
10000
Fund Managers
user-avatar

Jalpan Shah

Fund Manager

user-avatar

Shriram Ramanathan

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 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.

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Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • Inflation beating returns
    Inflation beating returns
  • Expert Investing Only, Car, Down Payment
    Expert Investing Only, Car, Down Payment
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record

Kotak Savings Fund (G)

recommended-badge

₹ 13,509 cr

5

recommended-badge

₹ 33,192 cr

5

recommended-badge

₹ 11,590 cr

5

recommended-badge

₹ 33,722 cr

5

recommended-badge

₹ 22,849 cr

5

amc-icon

About the AMC

L&T Investment Management Ltd

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.

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  • tel-amc-about
    022-66554000
  • mail-amc-about
    investor.line@lntmf.co.in
  • Fund NameScripbox Opinion
    Till Date CAGR
    top-ranked-badge

    3.9%

    6.6%

    top-ranked-badge

    10.4%

    7.5%

    top-ranked-badge

    20.2%

    10.8%

    top-ranked-badge

    5.8%

    7.2%

    top-ranked-badge

    7.9%

    8.1%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual 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?
    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.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    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

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    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

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 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.

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    Investing has helped me dream bigger for my life
    Dr. Shraddha BahirwaniSr. Dental Consultant

    About L&T Short Term Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A)

    About L&T Short Term Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A)

    L&T Short Term Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) is a Short Term Debt fund and has delivered an annualised return of 6.3% over a period of 6 years. The fund was previously known as L&T Short Term Bond Ann DP . The fund is managed by L&T Investment Management Ltd. The fund managers are Jalpan Shah, Shriram Ramanathan

    L&T Short Term Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) Investment Objective

    To generate regular returns and capital appreciation by investing in debt,government and money market securities.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 Short Term Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) NAV,AUM,Risk

    The L&T Short Term Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) fund was launched on Oct 12, 2015. The NAV (Net Asset Value) of this Short Term Debt fund as of 2021-10-21 is ₹12.70. The total AUM (Asset Under Management) of the fund as of 22/10/2021 is ₹4529.482. The category risk of the L&T Short Term Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) fund is Low to Moderate Risk. The fund charges 0.75 % as expense ratio.

    L&T Short Term Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) Holdings

    The fund’s highest allocation is towards Debt and has invested 77.1% in this asset class. The top three holdings of the fund are , 7.16% govt stock 2023 , hdfc bank limited , 7.35% govt stock 2024 , national bank for agriculture and rural development , 07.89 gj sdl 2025 , housing development finance corporation limited , 5.22% goi 2025 , ntpc limited , indian railway finance corporation limited , national bank for agriculture and rural development , small industries development bank of india , ntpc limited , (a) tri party repo dealing system (treps)/reverse repo , axis bank limited , 8.23% maharashtra sdl 2025 , national housing bank , indian oil corporation limited , small industries development bank of india , reliance industries limited , jamnagar utilities & power private limited , 8.15% maharashtra sdl 2025 , axis bank limited , larsen and toubro limited , indian railway finance corporation limited , indian oil corporation limited , national highways authority of india , rural electrification corporation limited , ultratech cement limited , 8.26% maharashtra sdl 2025 , reliance industries limited , power grid corporation of india limited , rec limited , housing development finance corporation limited , 8.14% karnataka sdl 2025 , 7.96% gujarat sdl 2025 , export-import bank of india , hindustan petroleum corporation limited , rural electrification corporation limited , first business receivables trust , first business receivables trust , first business receivables trust , first business receivables trust , first business receivables trust , first business receivables trust , first business receivables trust , first business receivables trust , 8.23% gujarat sdl 2025 , national housing bank , (b) net receivables/(payables) , reliance industries limited , national highways authority of india , rural electrification corporation limited , bajaj finance limited , first business receivables trust

    L&T Short Term Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) 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 Short Term Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) 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 Short Duration Debt TR INR.

    L&T Short Term Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) Review

    L&T Short Term Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) has a score of 4 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 Short Term Bond Fund of Income Distribution cum Cap Wrdl (PIDCW-A) has a score of 4out of 5 The credit risk of the fund is 4 out of 5 as compared to other debt funds.

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