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L&T Credit Risk Fund Dividend Monthly+0.02%

2.88%
1 Year Return
Debt
Credit Risk
3.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Credit Risk Fund Dividend Monthly

RiskModerate
Min SIP AmountNot Supported
Expense Ratio1.66%
NAV₹10.17 (26 Feb 2021)
Fund Started08 Oct 2009
Fund Size237 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
2.9%
4.0%
5.8%
7.4%
Category Average
-0.2%
1.3%
3.7%
-
Rank Within Category
11
8
8
-
*All returns are annualized.
SIP
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 2.9% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 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. Higher expense ratio - 1.66%

Top Holdings

NameSectorInstrument% Assets
GOISovereignGOI Sec14.3%
Export-Import Bank Of IndiaFinancialCD9.5%
Coastal Gujarat Power Ltd.EngineeringDebenture6.9%
GOISovereignGOI Sec6.4%
IIFL Home Finance Ltd.FinancialDebenture6.3%
Hinduja Leyland Finance Ltd.FinancialNCD5.0%
Hindalco Industries Ltd.MetalsBonds/NCD4.7%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture4.6%
Manappuram Finance Ltd.FinancialDebenture4.4%
Bank Of BarodaFinancialBonds4.4%
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 Dividend Monthly Details

L&T Credit Risk Fund Dividend Monthly is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 08 Oct 2009. Shriram Ramanathan, Vikas Garg is the Current Fund Manager of L&T Credit Risk Fund Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹237 Cr and the Latest NAV as of 26 Feb 2021 is ₹10.17.

The L&T Credit Risk Fund Dividend Monthly is rated Moderate 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.

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
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
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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