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L&T Resurgent India Bond Fund Direct Growth

Debt
Medium Duration
Moderate Risk
7.06%
3Y annualised
0.00% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 May 2022₹17.34
Min. SIP amount₹1,000
Rating4
Fund size₹740.84Cr

Returns and rankings

Category: Debt Medium Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns2.7%7.1%6.6%7.8%
Category average6.2%5.4%6.5%NA
Rank with in category1266NA
Understand terms

Holdings (40)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec15.5%
GOI
SovereignGOI Sec12.2%
Embassy Office Parks REITConstructionDebenture4.8%
ICICI Bank Ltd.FinancialBonds4.7%
Bajaj Finance Ltd.FinancialDebenture3.9%
Coastal Gujarat Power Ltd.
Capital GoodsDebenture3.2%
ONGC Petro Additions Ltd.EnergyNCD2.8%
NIIF Infrastructure Finance Ltd.
FinancialDebenture2.7%
Sikka Ports and Terminals Ltd.EnergyDebenture2.7%
IIFL Home Finance Ltd.
FinancialDebenture2.6%
See All

Pros and cons

Category: Debt Medium Duration

Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 2.88 The fund has generated returns higher than benchmark - NIFTY Medium Duration Debt Index B-III - in the last 3Y
Lower expense ratio: 0.57%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Exit load is zero

Cons

1Y annualised returns lower than category average by 1.52%

Expense ratio, exit load and tax

Expense ratio: 0.56%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Shriram Ramanathan
Jan 2015 - Present
View details

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.
Also manages these schemes

Jalpan Shah
Mar 2020 - Present
View details

Education
Mr. Shah is a B.E. (Mechanical) and holds a PGDM.
Experience
Prior to joining L&T Mutual Fund, 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.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
BrindavanPlot No. 177, CST RoadKalina, Santacruz (East) Mumbai 400098
Phone
022-66554000 / 1800-2000-400
Launch Date
25 Apr 1996
Website
NA
Amc Image
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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FAQs

How to Invest in L&T Resurgent India Bond Fund Direct Growth?

You can easily invest in L&T Resurgent India Bond Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for L&T Resurgent India Bond Fund Direct Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in L&T Resurgent India Bond Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does L&T Resurgent India Bond Fund Direct Growth provide?

The L&T Resurgent India Bond Fund Direct Growth has been there from 02 Feb 2015 and the average annual returns provided by this fund is 2.69% since its inception.

How much expense ratio is charged by L&T Resurgent India Bond Fund Direct Growth?

The term Expense Ratio used for L&T Resurgent India Bond Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of L&T Resurgent India Bond Fund Direct Growth is 0.56% as of 23 May 2022...

What is the AUM of L&T Resurgent India Bond Fund Direct Growth?

The AUM, short for Assets Under Management of L&T Resurgent India Bond Fund Direct Growth is ₹740.84Cr as of 23 May 2022.

How to Redeem L&T Resurgent India Bond Fund Direct Growth?

If you want to sell your L&T Resurgent India Bond Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of L&T Resurgent India Bond Fund Direct Growth?

You can select either SIP or Lumpsum investment of L&T Resurgent India Bond Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of L&T Resurgent India Bond Fund Direct Growth?

The NAV of L&T Resurgent India Bond Fund Direct Growth is ₹17.34 as of 20 May 2022.

What is the PE and PB ratio of L&T Resurgent India Bond Fund Direct Growth?

The PE ratio ratio of L&T Resurgent India Bond Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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