Fund Details
L&T Resurgent India Bond Fund Direct IDCW Yearly
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.60% |
| NAV | ₹12.07 (22 Apr 2021) |
|---|---|
| Fund Started | 27 Apr 2015 |
| Fund Size | ₹740 Cr |
Returns
Comparison
1. Lower expense ratio - 0.45%
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
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Indian Oil Corpn. Ltd. | Energy | Debenture | 3.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 3.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 2.1% |
Fund Managers
L&T Resurgent India Bond Fund Direct IDCW Yearly Details
L&T Resurgent India Bond Fund Direct IDCW 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 IDCW Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹740 Cr and the Latest NAV as of 22 Apr 2021 is ₹12.07.
The L&T Resurgent India Bond Fund Direct IDCW 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.
