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L&T Credit Risk Fund Direct Growth

Debt
Credit Risk
Moderate Risk
4.38%
3Y annualised
0.00% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 May 2022₹24.73
Min. SIP amount₹1,000
Rating2
Fund size₹173.30Cr

Returns and rankings

Category: Debt Credit Risk
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.7%4.4%5.2%7.2%
Category average7.9%1.7%3.6%NA
Rank with in category9119NA
Understand terms

Holdings (21)

NameSectorInstrumentAssets
IIFL Home Finance Ltd.
FinancialDebenture9.1%
Hinduja Leyland Finance Ltd.FinancialDebenture6.8%
Godrej Industries Ltd.
DiversifiedDebenture6.1%
Aadhar Housing Finance Ltd.FinancialNCD6.1%
ONGC Petro Additions Ltd.EnergyNCD6.1%
GOI
SovereignCGL6.1%
Manappuram Finance Ltd.FinancialDebenture6.1%
Tata Projects Ltd.
ConstructionFRD5.8%
GOI
SovereignGOI Sec5.7%
Oriental Nagpur Betul Highway Ltd.
ConstructionDebenture5.0%
See All

Pros and cons

Category: Debt Credit Risk

Pros

3Y and 5Y annualised returns higher than category average
Lower expense ratio: 0.86%

Cons

Lower AUM: 175Cr. Funds with lower AUM tend to have higher expense ratio
1Y annualised returns lower than category average by 1.65%

Expense ratio, exit load and tax

Expense ratio: 0.86%

Inclusive of GST

Exit load

Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹10,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Shriram Ramanathan
Jan 2013 - Present
View details

Education
Shriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA.
Experience
Prior to joining L&T Mutual Fund he has worked with FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T Ltd.
Also manages these schemes

Jalpan Shah
Mar 2020 - Present
View details

Education
Mr. Shah is a B.E. (Mechanical) and holds a PGDM.
Experience
Prior to joining L&T Mutual Fund, he was associated with FIL Fund Management Private Limited (Dec 2007-Nov 2012), Lotus India Asset Management Company Private Limited (Sep 2007-Nov 2007) as a Research Analyst, UTI Asset Management Company Private Limited (July 2006-Aug 2007) as a Research Analyst and UTI Asset Management Company Private Limited(May 2004-June 2006) as a Sales & Marketing Manager.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
BrindavanPlot No. 177, CST RoadKalina, Santacruz (East) Mumbai 400098
Phone
022-66554000 / 1800-2000-400
Launch Date
25 Apr 1996
Website
NA
Amc Image
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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FAQs

How to Invest in L&T Credit Risk Fund Direct Growth?

You can easily invest in L&T Credit Risk Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for L&T Credit Risk Fund Direct Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in L&T Credit Risk Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does L&T Credit Risk Fund Direct Growth provide?

The L&T Credit Risk Fund Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 4.73% since its inception.

How much expense ratio is charged by L&T Credit Risk Fund Direct Growth?

The term Expense Ratio used for L&T Credit Risk Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of L&T Credit Risk Fund Direct Growth is 0.86% as of 23 May 2022...

What is the AUM of L&T Credit Risk Fund Direct Growth?

The AUM, short for Assets Under Management of L&T Credit Risk Fund Direct Growth is ₹173.30Cr as of 23 May 2022.

How to Redeem L&T Credit Risk Fund Direct Growth?

If you want to sell your L&T Credit Risk Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of L&T Credit Risk Fund Direct Growth?

You can select either SIP or Lumpsum investment of L&T Credit Risk Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of L&T Credit Risk Fund Direct Growth?

The NAV of L&T Credit Risk Fund Direct Growth is ₹24.73 as of 20 May 2022.

What is the PE and PB ratio of L&T Credit Risk Fund Direct Growth?

The PE ratio ratio of L&T Credit Risk Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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