Fund Details
L&T Credit Risk Fund Retail Bonus
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.76% |
| NAV | ₹21.80 (25 Jan 2021) |
|---|---|
| Fund Started | 08 Oct 2009 |
| Fund Size | ₹245 Cr |
Returns
Comparison
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
5. 10Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. Risk is higher compared to the benchmark
3. Higher expense ratio
4. 1Y Returns are lower than the benchmark
5. 3Y Returns are lower than the benchmark
6. 5Y Returns are lower than the benchmark
7. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
8. Risk-adjusted returns are lower compared to the category
9. Higher expense ratio - 1.66%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 13.8% |
| Export-Import Bank Of India | Financial | CD | 9.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 8.5% |
| Coastal Gujarat Power Ltd. | Engineering | Debenture | 6.6% |
| GOI | Sovereign | GOI Sec | 6.2% |
| IIFL Home Finance Ltd. | Financial | Debenture | 6.0% |
| Hinduja Leyland Finance Ltd. | Financial | NCD | 4.8% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 4.4% |
| Bank Of Baroda | Financial | Bonds | 4.2% |
| Oriental Nagpur Betul Highway Ltd. | Construction | Debenture | 3.7% |
Fund Managers
L&T Credit Risk Fund Retail Bonus Details
L&T Credit Risk Fund Retail Bonus 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 Retail Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹245 Cr and the Latest NAV as of 25 Jan 2021 is ₹21.80.
The L&T Credit Risk Fund Retail Bonus 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.
