Home>Mutual Funds>L&T Mutual Fund>L&T Credit Risk Fund Direct Growth
shareSHARE

L&T Credit Risk Fund Direct Growth+0.03%

5.33%
1 Year Return
Debt
Credit Risk
3.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Credit Risk Fund Direct Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.87%
NAV₹23.18 (20 Jan 2021)
Fund Started01 Jan 2013
Fund Size245 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.3%
4.9%
6.6%
7.6%
Category Average
0.5%
1.3%
3.8%
-
Rank Within Category
10
8
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 5.3% returns per annum

Comparison

Data not available
Pros
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 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. Risk-adjusted returns are lower compared to the category

Top Holdings

NameSectorInstrument% Assets
GOISovereignGOI Sec13.4%
Export-Import Bank Of IndiaFinancialCD8.9%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture8.6%
Housing Development Finance Corpn. Ltd.FinancialDebenture8.3%
Coastal Gujarat Power Ltd.EngineeringDebenture6.4%
GOISovereignGOI Sec6.0%
IIFL Home Finance Ltd.FinancialDebenture5.8%
Hinduja Leyland Finance Ltd.FinancialNCD4.6%
Oriental Nagpur Betul Highway Ltd.ConstructionDebenture3.6%
Tata Steel Ltd.MetalsDebenture3.5%
See All

Fund Managers

Shriram Ramanathan
keyboard_arrow_down
Jalpan Shah
keyboard_arrow_down
Vikas Garg
keyboard_arrow_down

L&T Credit Risk Fund Direct Growth Details

L&T Credit Risk Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹245 Cr and the Latest NAV as of 20 Jan 2021 is ₹23.18.

The L&T Credit Risk Fund Direct Growth is rated Moderate 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

Compare Funds

L&T Credit Risk Fund Direct Growth
VS
search

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
L&T Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Similar Funds