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L&T Floating Rate Fund (MDiv) SET SMS ALERT

11.291
0 (0.02%)
NAV as on Sep-16-2014
NAV as on Sep-16-2014
ranking by CRISIL

Not Ranked

This scheme is not ranked by CRISIL (for quarter ended Mar 2014) since it does not fulfill certain eligibility criteria of CRISIL

View Top ranked funds in other categories

Close L&T Mutual Fund has rename L&T Short Term Floating Rate Fund to L&T Floating Rate Fund with effect from October 27, 2010.
View Historic Graph From     To     

Returns (NAV as on Sep-16-2014)

Period Returns (%) Rank #
1 mth 0.6 12
3 mth 1.9 11
6 mth 4.3 10
1 year 8.8 10
2 year 9.2 2
3 year 9.4 2
5 year 8.2 4

# Moneycontrol Rank within 12 Floating Rate Debt - Short Term Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2014 0.1 0.2 - - -
2013 - 0.3 0.6 0.2 1.6
2012 0.2 0.5 0.8 1.2 3.0
2011 0.2 0.1 0.1 0.2 1.0
2010 - - 0.2 1.3 1.5
2009 -0.3 -0.1 - - -0.3

View where it stands within its peers

* Returns over 1 year are Annualised

Performance

Fund returns v/s Category average (Floating Rate Debt - Short Term)

* Returns over 1 year are Annualised
  1 mth (%) 3 mth (%) 6 mth (%) 1 yr (%) 2 yr (%) 3 yr (%) 5yr (%)
Fund Returns 0.6 1.9 4.3 8.8 9.2 9.4 8.2
Category avg 0.7 2.1 4.8 9.6 4.6 3.9 3.5
Difference of Fund returns and Category returns -0.1 -0.2 -0.5 -0.8 4.6 5.5 4.7
Best of category 0.9 2.2 6.5 12.1 10.8 10.7 9.5
Worst of category 0.6 1.9 4.2 8.5 8.2 8.4 7.3

Investment Info

Investment Objective

The primary objective of the Scheme is to generate regular income through investment in a portfolio comprising substantially of floating rate debt/ money market instruments, fixed rate debt / money market instruments swapped for floating rate returns, and fixed rated debt securities, Government securities and money market instruments.

Scheme details

Fund Type Open-Ended
Investment Plan Dividend
Launch date Aug 08, 2005
Benchmark CRISIL Liquid Fund
Asset Size (Rs cr) 146.83 (Jun-30-2014)
Minimum Investment Rs.10000
Last Dividend Rs.0.05 (Aug-25-2014)
Bonus N.A.
Fund Manager Shriram Ramanathan
View performance of schemes managed by the Fund Manager
Notes L&T Mutual Fund has rename L&T Short Term Floating Rate Fund to L&T Floating Rate Fund with effect from October 27, 2010.

Load Details

Entry Load N.A
Exit Load 0.00%
Load Comments N.A.

Contact Details

Regd. Office 6th Floor, Mafatlal Centre Nariman Point Mumbai , 400021
Tel. No. 022 - 66554000
Fax No. 022-66554070
Email investor.line@lntmf.co.in
Website http://www.lntmf.com

Peer Comparison

Floating Rate Debt - Short Term Crisil Rank Assets (Rs.cr)
3mth (%) 6mth (%) 1yr (%) 3yr (%) 5yr (%)
SBI Income -FRP -SPBP - Direct (G) Not Ranked
46.14 2.1 4.8 9.8 -- --
SBI Magnum Income - FRP - SPBP (G) Not Ranked
600.65 2.0 4.5 9.2 9.4 8.5
L&T Floating Rate Fund (G) Not Ranked
146.83 1.9 4.3 8.8 9.4 8.2
L&T Floating Rate Fund -Direct (G) Not Ranked
218.53 2.0 4.4 9.0 -- --
Can Robeco Float Rate-STP (G) Not Ranked
220.08 2.0 4.4 9.3 9.3 8.3
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (Jul 31, 14)

Money Market Rating Value
(Rs cr)
Asset %
Money Market Instruments - CP,CD 276.59 70.75
Punjab National Bank CARE A1+ 47.54 12.16
Sesa Sterlite Limited CRISIL A1 + 44.18 11.30
Dena Bank CRISIL A1 + 39.94 10.22
Andhra Bank CARE A1+ 24.94 6.38
State Bank of Mysore ICRA A1+ 24.85 6.36
Canara Bank CRISIL A1 + 24.80 6.34
Union Bank of India CRISIL A1 + 24.76 6.33
State Bank of Mysore ICRA A1+ 14.81 3.79
State Bank of Mysore ICRA A1+ 14.83 3.79

Full Portfolio

Sector Allocation (Jul 31, 14)

Sector %

1-Year

HighLow

No Sector Data Available

View All Sectors

Asset Allocation (%)(Jul 31, 14)

Equity 0.00
Others 0.00
Debt 8.98
Mutual Funds N.A
Money Market 70.75
Cash / Call 20.27

View All

Concentration

Holdings (%)
Top 5 110.81
Top 10 137.42
Sector (%)
Top 3 N.A.

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