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L&T Credit Risk Fund IDCW Monthly

Debt
Credit Risk
Moderately High Risk
6.09%
1Y return
+0.09% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 26 Jul 2021₹10.17
Min. SIP AmountNA
Rating3star
Fund Size₹201.75 Cr

Holdings (17)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-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%
Bank Of BarodaFinancialAdditional Tier 1 Bo5.3%
Tata Motors Ltd.AutomobileDebenture5.3%
See All

Pros and cons

Category: Debt Credit Risk

Pros

  • Age is more than 10 years
  • 3Y Returns are higher than the category average returns
  • 5Y Returns are higher than the category average returns

Cons

  • Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
  • Higher expense ratio - 1.66%
  • 1Y Returns are lower than the category average returns
  • 10Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 1.66%

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 termsinfo

Fund management

Shriram Ramanathan
Nov 2012 - Present
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Jalpan Shah
Mar 2020 - Present
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Vikas Garg
Apr 2017 - Present
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Fund house & investment objective

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Fund house contact details

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