Fund Details
L&T Resurgent India Bond Fund Regular Dividend
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.51% |
| NAV | ₹11.10 (25 Jan 2021) |
|---|---|
| Fund Started | 02 Feb 2015 |
| Fund Size | ₹815 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. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. Risk is higher compared to the benchmark
4. 1Y Returns are lower than the benchmark
5. 3Y Returns are lower than the benchmark
6. 5Y Returns are lower than the benchmark
7. Risk-adjusted returns are lower compared to the category
8. Higher expense ratio - 1.51%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Coastal Gujarat Power Ltd. | Engineering | Debenture | 8.4% |
| GOI | Sovereign | GOI Sec | 7.1% |
| GOI | Sovereign | GOI Sec | 6.8% |
| Hinduja Leyland Finance Ltd. | Financial | NCD | 4.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 3.8% |
| ICICI Prudential Life Insurance Company Ltd. | Financial | Debenture | 3.7% |
| GOI | Sovereign | GOI Sec | 3.6% |
| Sikka Ports and Terminals Ltd. | Energy | Debenture | 3.5% |
| ICICI Bank Ltd. | Financial | NCD | 3.4% |
| National Bank For Agriculture & Rural Development | Financial | NCD | 3.3% |
Fund Managers
L&T Resurgent India Bond Fund Regular Dividend Details
L&T Resurgent India Bond Fund Regular Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹815 Cr and the Latest NAV as of 25 Jan 2021 is ₹11.10.
The L&T Resurgent India Bond Fund Regular Dividend 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.
