L&T Resurgent India Bond Fund Direct Growth-0.03%

3
5.58%
1 Year Return
Debt
Medium Duration
3.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Resurgent India Bond Fund Direct Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.60%
NAV15.10 (02 Jun 2020)
Fund Started02 Feb 2015
Fund Size1,080 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Resurgent India Bond Fund Direct Growth
5.6%
6.0%
8.0%
8.0%
Category Average
3.3%
5.4%
6.6%
-
Rank within category
9
9
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 5.6% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk is higher compared to the benchmark
    3. 1Y Returns are lower than the benchmark
    4. 3Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec7.1%
    Coastal Gujarat Power Ltd.EngineeringDebenture6.4%
    Indostar Capital Finance Pvt Ltd.FinancialDebenture5.1%
    REC Ltd.FinancialDebenture5.0%
    Indian Railway Finance Corpn. Ltd.FinancialDebenture4.2%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture4.0%
    Hinduja Leyland Finance Ltd.FinancialNCD3.4%
    SP Jammu Udhampur Highway Pvt. LtdServicesDebenture3.0%
    Jhajjar Power Ltd.EngineeringDebenture2.9%
    Tata Power Renewable Energy Ltd.EngineeringSO2.7%
    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 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

    L&T Resurgent India Bond Fund Direct Growth Details

    L&T Resurgent India Bond Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,080 Cr and the Latest NAV as of 02 Jun 2020 is ₹15.10.

    The L&T Resurgent India Bond Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1%, if redeemed within 1 year.

    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 1%, if redeemed within 1 year.
    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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