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L&T Credit Risk Fund Direct IDCW Monthly0.00%

7.14%
1 Year Return
Debt
Credit Risk
3.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Credit Risk Fund Direct IDCW Monthly

RiskModerately High
Min SIP Amount₹1000
Expense Ratio0.86%
NAV₹10.77 (23 Jul 2021)
Fund Started01 Jan 2013
Fund Size202 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
7.1%
4.9%
6.1%
7.5%
Category Average
7.9%
1.7%
3.6%
-
Rank Within Category
12
9
8
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 7.1% returns per annum

Comparison

Data not available
Pros
1. 3Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Reserve Bank of IndiaFinancialT-Bills11.9%
Coastal Gujarat Power Ltd.EngineeringDebenture8.3%
IIFL Home Finance Ltd.FinancialDebenture7.7%
Hindalco Industries Ltd.MetalsBonds/NCD5.6%
Hinduja Leyland Finance Ltd.FinancialAdditional Tier 2 Bo5.6%
REC Ltd.FinancialNCD5.3%
Indian Railway Finance Corporation Ltd.FinancialDebenture5.3%
Manappuram Finance Ltd.FinancialDebenture5.3%
Tata Motors Ltd.AutomobileDebenture5.3%
Bank Of BarodaFinancialAdditional Tier 1 Bo5.3%
See All

Fund Managers

Shriram Ramanathan
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Jalpan Shah
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Vikas Garg
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L&T Credit Risk Fund Direct IDCW Monthly Details

L&T Credit Risk Fund Direct IDCW Monthly is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Shriram Ramanathan, Vikas Garg is the Current Fund Manager of L&T Credit Risk Fund Direct IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹202 Cr and the Latest NAV as of 23 Jul 2021 is ₹10.77.

The L&T Credit Risk Fund Direct IDCW Monthly is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000. 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.

Scheme Information Document(SID)

₹10000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year
Exit Load

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About L&T Mutual Fund

Address
6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
Phone
022-66554000
Launch Date
03 Jan 1997
Website
NA
L&T Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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