Fund Details
L&T Credit Risk Fund IDCW Yearly
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.66% |
| NAV | ₹11.31 (23 Jul 2021) |
|---|---|
| Fund Started | 20 Mar 2015 |
| Fund Size | ₹202 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 1.66%
3. 1Y Returns are lower than the category average returns
4. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 11.9% |
| Coastal Gujarat Power Ltd. | Engineering | Debenture | 8.3% |
| IIFL Home Finance Ltd. | Financial | Debenture | 7.7% |
| Hindalco Industries Ltd. | Metals | Bonds/NCD | 5.6% |
| Hinduja Leyland Finance Ltd. | Financial | Additional Tier 2 Bo | 5.6% |
| REC Ltd. | Financial | NCD | 5.3% |
| Indian Railway Finance Corporation Ltd. | Financial | Debenture | 5.3% |
| Manappuram Finance Ltd. | Financial | Debenture | 5.3% |
| Bank Of Baroda | Financial | Additional Tier 1 Bo | 5.3% |
| Tata Motors Ltd. | Automobile | Debenture | 5.3% |
Fund Managers
L&T Credit Risk Fund IDCW Yearly Details
L&T Credit Risk Fund IDCW Yearly is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 20 Mar 2015. Shriram Ramanathan, Vikas Garg is the Current Fund Manager of L&T Credit Risk Fund IDCW Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹202 Cr and the Latest NAV as of 23 Jul 2021 is ₹11.31.
The L&T Credit Risk Fund IDCW Yearly is rated Moderately High risk. Minimum SIP Investment is set to 1000. Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year
Investment Objective
The scheme seeks to generate regular returns and capital appreciation by investing predominantly in AA and below rated corporate bonds, debt, government securities and money market instruments.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
