L&T Resurgent India Bond Fund Direct Growth-0.04%

2Groww
8.74%
1 Year Return
Debt
Medium Duration
2.0 star
6M
1Y
3Y
All

Fund Details

L&T Resurgent India Bond Fund Direct Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.86%
NAV14.72 (08 Nov 2019)
Fund Started02 Feb 2015
Fund Size1,792 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Resurgent India Bond Fund Direct Growth
8.7%
6.8%
NA
8.5%
Category Average
5.5%
6.0%
7.5%
-
Rank within category
9
12
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    0
    with 8.7% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the benchmark
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. Risk is higher compared to the benchmark
    3. 3Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Coastal Gujarat Power Ltd.EngineeringDebenture5.5%
    Green Infra Wind Energy Ltd.EngineeringDebenture5.5%
    Sikka Ports and Terminals Ltd.EnergyDebenture5.5%
    L&T Metro Rail (Hyderabad) Ltd.ConstructionDebenture4.8%
    REC Ltd.FinancialDebenture4.4%
    Indostar Capital Finance Pvt Ltd.FinancialDebenture4.2%
    Indian Railway Finance Corpn. Ltd.FinancialDebenture3.8%
    Andhra Pradesh Expressway Ltd.ServicesDebenture3.1%
    State Bank of IndiaFinancialNCD2.9%
    Indian Railway Finance Corpn. Ltd.FinancialDebenture2.9%
    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
    addVikas Garg
    Education
    Mr. Garg is CFA MBA Finance, B-Tech and M- Tech
    Experience
    Prior to joining L&T Mutual Fund he has worked with Fidelity International as Credit analyst and Research Associate- Credit, ICRA as Sr Analyst and Indian Oil Corporation Ltd as Project manager
    Funds Managed

    Other Details

    L&T Resurgent India Bond Fund Direct Growth is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 02 Feb 2015. Shriram Ramanathan, Vikas Garg is the Current Fund Manager of L&T Resurgent India Bond Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹1,792 Cr and the Latest NAV as of 08 Nov 2019 is ₹14.72.

    The L&T Resurgent India Bond Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 2% if redeemed within 1 year and 1% if redeemed after 1 year but within 2 years from the date of allotment.

    Investment Objective

    To seek to generate income by investing primarily in debt and money market securities of fundamentally strong corporates/companies in growth sectors which are closely associated with the resurgence of domestic economy, with a fl exibility to follow more conservative investment approach during economic downturns. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

    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 2% if redeemed within 1 year and 1% if redeemed after 1 year but within 2 years from the date of allotment
    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
    02 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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