MF Gyan
debtModerate risk10 years oldAccelerating recently (last 6m ≈ 6% p.a.)

L&T Low Duration Fund - Direct Plan - Annual IDCW

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From L&T Mutual Fund. It's been running since 6 Apr 2017.

Latest price per unit
₹11.0117
▲ 0.04% today
As of 24 Nov 2022 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹99.5k
▼ ₹524 loss · -0.5% / year
Invested 3 years ago
₹98.4k
▼ ₹1.6k loss · -0.6% / year
Invested 5 years ago
₹97.8k
▼ ₹2.2k loss · -0.4% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.80 L
Gain / loss-₹84
XIRR (annualised)-0.03%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.80 L
Projected gain*+-₹85
*at this fund's historical rate of -0.03% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 67 other funds in Debt Scheme - Low Duration Fund

Same plan
1-year return
-0.52%median 3.73% (-4.25%)
Rank #53 of 68Beats 19% of peers
3-year return
-0.55%median 0.66% (-1.21%)
Rank #34 of 68Beats 34% of peers
5-year return
-0.44%median 0.19% (-0.63%)
Rank #30 of 68Beats 28% of peers
Bumpiness (3Y)
6.30%median 6.01% (+0.28%)
Rank #34 of 68Less risky than 48% of peers
Worst-ever drop
-9.07%median -12.88% (+3.81%)
Rank #43 of 68Less risky than 37% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 3 of last 6 years were positive.

+6%
2017
+0%
2018
-1%
2019
+1%
2020
-2%
2021
-1%
2022
Best year
2017 · 5.76%
Worst year
2021 · -2.29%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
6.3%

The value swings roughly 6% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-9.07%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of L&T Low Duration Fund - Direct Plan - Annual IDCW against other debt funds.

Technical details (for the pros)
CAGR — 1 year-0.52%
CAGR — 3 years-0.55%
CAGR — 5 years-0.44%
CAGR — since launch0.55%
Volatility — 1 year (annualised)4.82%
Volatility — 3 years (annualised)6.30%
Max drawdown — 1 year-4.59%
Max drawdown — 3 years-8.18%
Sharpe ratio — 1 year (rf=6%)-1.36
Sharpe ratio — 3 years (rf=6%)-1.05

Fund info

Fund house
L&T Mutual Fund
Category
Debt Scheme - Low Duration Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
134421
First price on record
6 Apr 2017 · 1,365 daily prices

About L&T Low Duration Fund - Direct Plan - Annual IDCW

L&T Low Duration Fund - Direct Plan - Annual IDCW is a Debt Scheme - Low Duration Fund offered by L&T Mutual Fund under the Direct plan with the IDCW option. It has approximately 10 years of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

The current NAV of L&T Low Duration Fund - Direct Plan - Annual IDCW is ₹11.0117 (as of 24 Nov 2022). Historically, it has delivered -0.52% over the last year, -0.55% CAGR over 3 years, -0.44% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 6.3% annualised volatility — a "moderate" level of bumpiness; its deepest peak-to-trough fall on record was 9.1%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of L&T Low Duration Fund - Direct Plan - Annual IDCW?+

The latest NAV of L&T Low Duration Fund - Direct Plan - Annual IDCW is ₹11.0117 as of 24 Nov 2022, up 0.04% from the previous day. NAV is updated once a business day after the market close.

What are the returns of L&T Low Duration Fund - Direct Plan - Annual IDCW?+

L&T Low Duration Fund - Direct Plan - Annual IDCW has delivered 1-year return -0.52%, 3-year CAGR -0.55%, 5-year CAGR -0.44%, since-inception CAGR 0.55%. Returns are historical and don't predict future performance — markets move in cycles.

What category does L&T Low Duration Fund - Direct Plan - Annual IDCW belong to?+

L&T Low Duration Fund - Direct Plan - Annual IDCW is categorised as Debt Scheme - Low Duration Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is L&T Low Duration Fund - Direct Plan - Annual IDCW?+

Based on its 3-year annualised volatility of 6.3%, L&T Low Duration Fund - Direct Plan - Annual IDCW sits in the "moderate" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is L&T Low Duration Fund - Direct Plan - Annual IDCW a direct plan?+

L&T Low Duration Fund - Direct Plan - Annual IDCW is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is L&T Low Duration Fund - Direct Plan - Annual IDCW?+

L&T Low Duration Fund - Direct Plan - Annual IDCW has NAV history available from 6 Apr 2017 — approximately 10 years of track record and 1,365 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.