Search
You're invited to try out the new version of Value Research Online. Click here to begin: https://beta.valueresearchonline.com

L&T Resurgent India Bond Fund - Regular Plan
(Erstwhile L&T Resurgent India Corporate Bond Fund)

2 Value Research
0.12%
Change from previous, NAV as on Aug 21, 2019
Category: Debt: Medium Duration
Assets: R 1,936 crore (As on Jul 31, 2019)
Expense: 1.72% (As on Jul 31, 2019)
SUBSCRIBE TO THE VALUE RESEARCH FUNDLINE NEWSLETTER
Choose the best mutual funds
Reach all your financial goals. Subscribe to Mutual Fund Insight now!
Basic Details
Fund House: L&T Mutual Fund
Launch Date: Feb 02, 2015
Benchmark: CRISIL Composite Bond
Riskometer: Moderate
Risk Grade: Above Average
Return Grade: Below Average
Type: Open-ended
Investment Details
Return since Launch: 7.55%
Minimum Investment (R) 5,000
Minimum Addl Investment (R) 1,000
Minimum Withdrawal (R) 500
Minimum SWP Withdrawal (R) 500
Minimum Balance (R) 500
Exit Load (%) 2% for redemption within 365 days
1% for redemption between 366 - 730 days
Performance
  YTD 1-Month 3-Month 1-Year 3-Year 5-Year 10-Year
Fund 4.40 0.15 2.33 6.58 6.10 - -
VR Bond 6.16 -0.26 3.56 10.48 6.76 - -
Category 2.71 0.39 0.79 5.04 6.21 - -
Rank within Category 7 12 8 9 12 - -
Number of funds in category 16 17 17 16 15 - -
As on Aug 21, 2019
Peer Comparison
Fund Rating Launch 1-Year Ret 3-Year Ret 5-Year Ret Expense Ratio (%) Assets
(Cr)
L&T Resurgent India Bond Fund - Regular Plan Feb-2015 6.58 6.10 - 1.72 1,936
Axis Strategic Bond Fund Mar-2012 7.06 7.31 8.80 1.05 1,189
Franklin India Income Opportunities Fund Dec-2009 7.07 8.09 8.62 1.70 3,614
Indiabulls Income Fund - Regular Plan Mar-2013 9.18 7.73 8.75 0.76 22
UTI Medium Term Fund - Regular Plan Mar-2015 6.35 6.82 - 1.61 312
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 74 93 74 53
Modified Duration (yrs) 3.57 3.57 2.85 2.83
Average Maturity (yrs) 5.37 5.37 4.12 4.01
Yield to Maturity (%) 8.94 9.66 8.94 9.26
  Value Research Fund Style
 
Top Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  8.45% Sikka Ports and Terminals 2023 Debenture AAA 5.34 - 6.44 6.44
  9.9% Coastal Gujarat Power 2028 Debenture AA 4.36 - 5.27 5.27
  9.65% Green Infra Wind Energy 2023 Debenture AA 4.36 - 5.19 5.19
  9.81% L&T Metro Rail (Hyderabad) 2035 Debenture AAA 3.95 - 4.52 4.52
  8.54% REC 2028 Debenture AAA 0.00 - 4.15 4.15
  Indostar Capital Finance 2021 Debenture AA- 3.28 - 3.87 3.87
  Andhra Pradesh Expressway 2022 Debenture AAA 3.50 - 5.48 3.84
  8.45% IRFC 2028 Debenture AAA 0.00 - 3.58 3.58
  Andhra Pradesh Expressway 2024 Debenture AAA 2.27 - 2.94 2.94
  8.35% IRFC 2029 Debenture AAA 0.00 - 2.74 2.74
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on Jul 31, 2019
Most Recent Dividends
  Plan Record Date Dividend
(R / Unit)
   
+ Dividend Jul 25, 2019 0.0288   More...
    Jun 25, 2019 0.0288    
    May 27, 2019 0.0288    
    Apr 25, 2019 0.0288    
    Mar 25, 2019 0.0288    
    Feb 25, 2019 0.0288    
    Jan 25, 2019 0.0288    
    Dec 26, 2018 0.0288    
    Nov 26, 2018 0.0288    
    Oct 25, 2018 0.0288    
    Sep 25, 2018 0.0288    
    Aug 27, 2018 0.0360    
    Jul 25, 2018 0.0360    
    Jun 25, 2018 0.0360    
    May 25, 2018 0.0360    
    Apr 25, 2018 0.0432    
    Mar 26, 2018 0.0433    
    Feb 26, 2018 0.0433    
    Jan 25, 2018 0.0433    
    Dec 26, 2017 0.0433    
    Nov 27, 2017 0.0433    
    Oct 25, 2017 0.0433    
    Sep 25, 2017 0.0433    
    Aug 28, 2017 0.0433    
    Jul 25, 2017 0.0433    
+ Dividend Yearly Mar 22, 2019 0.5042   More...
    Mar 23, 2018 0.5056    
    Mar 23, 2017 0.2528    
    Mar 23, 2016 0.2167    
News and Analysis
Contact Information

AMC: L&T Investment Management Ltd

Address: Brindavan Plot No. 177, CST Road Kalina, Santacruz (East) Mumbai - 400098 | Phone: 022-66554000, 1800 2000 400 | Fax: 022- 6655 4002

Email: [email protected]

Website: www.lntmf.com



Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002 | Phone: 180030106767/18004197676 | Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com