L&T Resurgent India Bond Fund - Growth - Regular Plan

₹14.4454 0.16 %Nav, as on 23-01-2020
Previous Nav
₹ 14.4221
Net Change on 23-01-2020
₹0.02
PersonalFN Rating
Unrated
Category
Debt - Medium Duration Fund
Assets (Cr.)
₹ 1,747.18
Expense Ratio
1.46%
(As on Dec 31, 2019)

Fund Overview Growth | Regular Plan

Fund House
L&T Mutual Fund
Launch Date
02-Feb-2015
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
1% on or before 1Y, Nil after 1Y
Minimum SIP Investment (₹)
1,000
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
13.31
52 Week Low Nav Date
05-Feb-2019
52 Week High Nav (₹)
14.42
52 Week High Nav Date
22-Jan-2020

Fund Objective

To seek to generate income by investing primarily in debt and money market securities.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
CRISIL Medium Term Debt Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
ICICI Prudential Medium Term Bond Fund - Growth	Sep 15, 2004		9.54	6.88	7.73	1.55	6,422.51
Aditya Birla Sun Life Medium Term Plan - Growth - Regular Plan	Mar 25, 2009	Unrated	-3.82	2.38	5.43	1.65	4,813.89
Kotak Medium Term Fund - Growth	Mar 21, 2014	Unrated	7.31	6.28	7.78	1.74	3,280.31
Franklin India Income Opportunities Fund - Growth	Dec 11, 2009		0.30	5.42	6.71	1.74	3,100.03
IDFC Bond Fund - Medium Term Plan -Regular Plan- Growth Option	Jul 08, 2003		9.40	6.80	7.52	1.44	2,929.09

Fund Holdings as on 31-December-2019

Company % Assets
Coastal Gujarat Power Limited (corporate guarantee of Tata Power Company Ltd) **
5.85
Green Infra Wind Energy Limited (subsidiary of Sembcorp Energy India Ltd)**
5.72
Rec Limited **
4.59
Indostar Capital Finance Limited **
4.29
L&T Metro Rail (Hyderabad) Limited (Put Option On L&T Limited ) **
3.94
Indian Railway Finance Corporation Limited **
3.93
Andhra Pradesh Expressway Limited (Nhai Annuity Receivables) **
3.33
State Bank Of India **
3.04
Indian Railway Finance Corporation Limited **
3.00
Housing Development Finance Corporation Limited **
2.91
Sikka Ports & Terminals Limited (erstwhile Reliance Ports & Terminals Ltd) **
2.90
India Infoline Finance Limited **
2.70
IndusInd Bank Limited **
2.69
SP Jammu Udhampur Highway Limited (NHAI Annuity Receivables) **
2.58
Indian Railway Finance Corporation Limited **
2.53
First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) **
2.45
National Bank for Agriculture & Rural Development **
2.42
SBI Cards & Payment Services Private Limited **
2.30
Net Receivables/(Payables)
2.18
Andhra Pradesh Expressway Limited (Nhai Annuity Receivables) **
2.01
Bharat Aluminium Company Limited **
2.00
SP Jammu Udhampur Highway Limited (NHAI Annuity Receivables) **
1.95
SP Jammu Udhampur Highway Limited (NHAI Annuity Receivables) **
1.85
Jhajjar Power Limited (Partial Corporate Guarantee of CLP India Pvt Ltd) **
1.77
Oriental Nagpur Betul Highway Limited (Nhai Annuity Receivables) **
1.69
National Bank for Agriculture & Rural Development **
1.52
NHPC Limited **
1.51
HDFC Bank Limited **
1.51
National Bank for Agriculture & Rural Development **
1.51
National Bank for Agriculture & Rural Development **
1.50
Oriental Nagpur Betul Highway Limited (Nhai Annuity Receivables) **
1.49
Hinduja Leyland Finance Limited **
1.42
SBI Cards & Payment Services Private Limited **
1.35
IndusInd Bank Limited **
1.20
Cholamandalam Investment and Finance Company Limited **
1.11
Tri Party Repo Dealing System (TREPS)/Reverse Repo
1.09
IOT Utkal Energy Services Limited (Long term take or pay agreement with IOCL) **
0.79
Nagpur Seoni Expressway Limited (Nhai Annuity Receivables) **
0.67
Patel Knr Heavy Infrastructures Private Limited (Nhai Annuity Receivables) **
0.66
East North Interconnection Company Limited (Fixed pooled transmission charges collected by PGCIL) **
0.61
East North Interconnection Company Limited (Fixed pooled transmission charges collected by PGCIL) **
0.57
Nagpur Seoni Expressway Limited (Nhai Annuity Receivables) **
0.40
Patel Knr Heavy Infrastructures Private Limited (Nhai Annuity Receivables) **
0.36
Patel Knr Heavy Infrastructures Private Limited (Nhai Annuity Receivables) **
0.36
Oriental Nagpur Betul Highway Limited (Nhai Annuity Receivables) **
0.30
Oriental Nagpur Betul Highway Limited (Nhai Annuity Receivables) **
0.29
Oriental Nagpur Betul Highway Limited (Nhai Annuity Receivables) **
0.29
NHPC Limited **
0.29
East North Interconnection Company Limited (Fixed pooled transmission charges collected by PGCIL) **
0.29
Yes Bank Limited **
0.28
Oriental Nagpur Betul Highway Limited (Nhai Annuity Receivables) **
0.28
NRSS XXXI B Transmission Limited (Fixed pooled transmission charges collected by PGCIL) **
0.26
NRSS XXXI B Transmission Limited (Fixed pooled transmission charges collected by PGCIL) **
0.26
NRSS XXXI B Transmission Limited (Fixed pooled transmission charges collected by PGCIL) **
0.25
NRSS XXXI B Transmission Limited (Fixed pooled transmission charges collected by PGCIL) **
0.25
NRSS XXXI B Transmission Limited (Fixed pooled transmission charges collected by PGCIL) **
0.25
NRSS XXXI B Transmission Limited (Fixed pooled transmission charges collected by PGCIL) **
0.25
Nagpur Seoni Expressway Limited (Nhai Annuity Receivables) **
0.23
Nagpur Seoni Expressway Limited (Nhai Annuity Receivables) **
0.23
NRSS XXXI B Transmission Limited (Fixed pooled transmission charges collected by PGCIL) **
0.23
Nagpur Seoni Expressway Limited (Nhai Annuity Receivables) **
0.23
NRSS XXXI B Transmission Limited (Fixed pooled transmission charges collected by PGCIL) **
0.23
NRSS XXXI B Transmission Limited (Fixed pooled transmission charges collected by PGCIL) **
0.23
NRSS XXXI B Transmission Limited (Fixed pooled transmission charges collected by PGCIL) **
0.21
NRSS XXXI B Transmission Limited (Fixed pooled transmission charges collected by PGCIL) **
0.21
Patel Knr Heavy Infrastructures Private Limited (Nhai Annuity Receivables) **
0.13
Oriental Nagpur Betul Highway Limited (Nhai Annuity Receivables) **
0.11
Patel Knr Heavy Infrastructures Private Limited (Nhai Annuity Receivables) **
0.08
L&T Metro Rail (Hyderabad) Limited (Put Option On L&T Limited ) **
0.05
Patel Knr Heavy Infrastructures Private Limited (Nhai Annuity Receivables) **
0.05
Dewan Housing Finance Corporation Limited ** $
0.00

Sector Holding%
Miscellaneous
94.29

About L&T Resurgent India Bond Fund

Scheme Analysis

L&T Resurgent India Bond Fund is a Debt - Medium Duration Fund fund and belongs to L&T Mutual Fund. It was launched on 02-Feb-2015 and currently has an AUM of ₹1,747.18 crore. L&T Resurgent India Bond Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and CRISIL Medium Term Debt Index as secondary index.

The NAV of L&T Resurgent India Bond Fund ended up ₹0.02(0.16%)yesterday to ₹14.4454.

Among its top 3 holdings the fund has exposure to Coastal Gujarat Power Limited (corporate guarantee of Tata Power Company Ltd) **, and

The L&T Resurgent India Bond Fund is managed by Shriram Ramanathan and Vikas Garg.

Fund House Contact

Address:

309, 3rd floor, Trade Centre, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051

Phone Number: +91 (22) 61366600

Email Address: ltmf@lntmf.com

Fax Number: +91 (22) 61366603/04

Website: www.lntmf.com

Fund Manager

Shriram Ramanathan

Education:CFA, PGDBM, Bachelors Degree in Electrical Engineering
Experience:14 Years
Basic Details:Mr. Shriram Ramanathan has 14 years of experience .His previous assignments includes ING Investment Management Asia Pacific -Hong Kong,ING Investment Management (India) Private Limited,Zurich (India) Asset Management Company.
Funds Managed:
L&T Banking and PSU Debt Fund
L&T Cash Fund
L&T Credit Risk Fund
L&T Flexi Bond Fund
L&T Gilt Fund
L&T Hybrid Equity Fund
L&T Liquid Fund
L&T Low Duration Fund
L&T Resurgent India Bond Fund
L&T Short Term Bond Fund
L&T Triple Ace Bond Fund

Vikas Garg

Holding Type Holding %
CARE A-
0.28
CARE AA (CE)
5.85
CARE AA+
1.64
CARE AA-
4.29
CARE AAA
8.23
CARE D (LT)
0.00
Cash
3.27
CRISIL AA
12.31
CRISIL AAA
39.39
CRISIL AAA(SO)
2.45
ICRA AA+
1.11
ICRA AA-
3.42
IND AA+ (CE)
1.77
IND AAA
12.01
IND AAA (CE)
3.99

Financial Health Checkup

Money Simplified Videos

Infographics