L&T Resurgent India Bond Fund Direct Dividend Yearly+0.10%

10.15%
1 Year Return
Debt
Medium Duration
3.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Resurgent India Bond Fund Direct Dividend Yearly

RiskModerate
Min SIP AmountNot Supported
Expense Ratio0.60%
NAV12.40 (23 Oct 2020)
Fund Started27 Apr 2015
Fund Size742 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Resurgent India Bond Fund Direct Dividend Yearly
10.2%
7.3%
8.2%
8.7%
Category Average
6.2%
5.9%
6.8%
-
Rank within category
9
8
7
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 10.2% annual returns

    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
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec9.9%
    Coastal Gujarat Power Ltd.EngineeringDebenture8.6%
    GOISovereignGOI Sec6.7%
    Hinduja Leyland Finance Ltd.FinancialNCD4.6%
    Andhra Pradesh Expressway Ltd.ServicesDebenture4.2%
    Housing Development Finance Corpn. Ltd.FinancialDebenture4.0%
    ICICI Bank Ltd.FinancialNCD3.8%
    Sikka Ports and Terminals Ltd.EnergyDebenture3.7%
    GOISovereignGOI Sec3.6%
    National Bank For Agriculture & Rural DevelopmentFinancialNCD3.5%
    See All

    Fund Managers

    addShriram Ramanathan
    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.
    Funds Managed
    addJalpan Shah
    Education
    Mr. Shah is a B.E. (Mechanical) and holds a PGDM.
    Experience
    Prior to joining L&T, 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.
    Funds Managed
    addVikas Garg
    Education
    Mr. Garg is CFA MBA Finance, B-Tech and M- Tech
    Experience
    Prior to joining Invesco India Mutual Fund, he has worked with L&T Mutual Fund as Fund Manager, Fidelity International as Credit analyst and Research Associate- Credit, ICRA as Sr Analyst and Indian Oil Corporation Ltd as Project manager.
    Funds Managed

    L&T Resurgent India Bond Fund Direct Dividend Yearly Details

    L&T Resurgent India Bond Fund Direct Dividend Yearly is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 27 Apr 2015. Shriram Ramanathan, Vikas Garg is the Current Fund Manager of L&T Resurgent India Bond Fund Direct Dividend Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹742 Cr and the Latest NAV as of 23 Oct 2020 is ₹12.40.

    The L&T Resurgent India Bond Fund Direct Dividend Yearly is rated Moderate risk. Minimum SIP Investment is set to 1000. Exit load of 1% if redeemed within 90 Days.

    Investment Objective

    The scheme seek to generate income by investing primarily in debt and money market securities.

    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 redeemed within 90 Days.
    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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