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L&T Resurgent India Bond Fund Direct IDCW+0.01%

12.18%
1 Year Return
Debt
Medium Duration
3.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Resurgent India Bond Fund Direct IDCW

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.60%
NAV₹11.69 (12 May 2021)
Fund Started02 Feb 2015
Fund Size756 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
12.2%
8.3%
8.2%
8.6%
Category Average
7.7%
5.9%
6.6%
-
Rank Within Category
2
6
6
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 12.2% returns per annum

Comparison

Data not available
Pros
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
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
Indian Oil Corpn. Ltd.EnergyDebenture3.5%
Housing Development Finance Corpn. Ltd.FinancialDebenture3.4%
Housing Development Finance Corpn. Ltd.FinancialDebenture2.1%

Fund Managers

Shriram Ramanathan
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Jalpan Shah
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Vikas Garg
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L&T Resurgent India Bond Fund Direct IDCW Details

L&T Resurgent India Bond Fund Direct IDCW is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 02 Feb 2015. Shriram Ramanathan, Vikas Garg is the Current Fund Manager of L&T Resurgent India Bond Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹756 Cr and the Latest NAV as of 12 May 2021 is ₹11.69.

The L&T Resurgent India Bond Fund Direct IDCW is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. 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)

₹5000
Min for First Investment
₹1000
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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