Fund Details
L&T Resurgent India Bond Fund Regular IDCW
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.51% |
| NAV | ₹11.09 (22 Apr 2021) |
|---|---|
| Fund Started | 02 Feb 2015 |
| Fund Size | ₹740 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Higher expense ratio - 1.51%
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 Regular IDCW Details
L&T Resurgent India Bond Fund Regular 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 Regular IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹740 Cr and the Latest NAV as of 22 Apr 2021 is ₹11.09.
The L&T Resurgent India Bond Fund Regular 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.
