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L&T Credit Risk Fund

L&T Credit Risk Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

3.51

as on 20 May 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,090 today.

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NAV Performance

L&T Credit Risk Fund performance graph for last 3 years
Performance of L&T Credit Risk Fund for last 3 Years

Fund Information

  • ₹ 23.393

    as on 20 May 2022
  • Regular - Growth

  • -

  • ₹ 10,000

  • ₹ 182 Cr.

    as on 31 Dec 2021
  • 1.66%

  • 08 Oct 2009

  • Debt - Credit Risk Fund

  • CRISIL 10 Year Gilt Index

  • L&T Mutual Fund

    Show All Funds

Highlights of this fund

L&T Credit Risk Fund is an Open-ended Debt Fund. The fund belongs to Credit Risk Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 08 Oct 2009. This fund is offered by one of the top AMC (Assets Management Company) L&T Mutual Fund. You can also view here all other Debt funds offered by L&T Mutual Fund.

Latest NAV of the fund is ₹ 23.393 as on 20 May 2022.

This fund has 12 years of track record. Since 30 Nov 2021 expense ratio of this fund is 1.66%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 10,000.

Fund Objective

To generate regular returns and capital appreciation by investing predominantly in AA and below rated corporate bonds, debt, government securities and money market instruments.

List of Fund Managers of L&T Credit Risk Fund

  • About Shriram Ramanathan

    Picture of Shriram RamanathanShriram Ramanathan is Head – Fixed Income at L&T Investment Management and has over 16 years of experience in the fixed income markets in India.He manages L&T Income Opportunities Fund, L&T Low Duration Fund, L&TTriple Ace Bond Fund, L&T Money Market Fund and L&T Resurgent India BondFund. Shriram is the co-manager for L&T Liquid Fund, L&T Short TermOpportunities Fund and L&T Flexi Bond Fund and also manages the debtportion of L&T India Prudence Fund.Prior to joining L&T Investment Management, Sriram was a Portfolio Manager at FIL Fund Management. In his previous roles, he was a Senior Investment Manager – Global Emerging Market Debt (Asia) at ING Investment Management Asia Pacific in Hong Kong, and a fixed income fund manager in India. His earlier assignments were with Zurich Asset Management Company in fixed income research and with the Treasury department of ICICI Bank, where he started his career in investments in 2000.Shriram is a Chartered Financial Analyst and holds a Post Graduate Diploma in Business Management from XLRI Jamshedpur along with an engineering degree from the university of mumbai B.E (Electrical), PGDBM-XLRI, CFA.
  • About Jalpan Shah

    Picture of Jalpan ShahJalpan Shah is a Portfolio Manager – Fixed Income - at L&T Investment Management with over 15 years of experience in the fixed income markets in India. He is the co-portfolio manager for L&T Liquid Fund, L&T Ultra Short Term Fund, L&T Short Term Bond Fund, L&T Flexi Bond Fund, L&T Gilt Fund, L&T Banking & PSU Debt Fund, L&T Cash Fund, L&T Triple Ace Bond Fund and L&T Money Market Fund. Jalpan also manages the debt portion of L&T Conservative Hybrid Fund, L&T Dynamic Equity Fund and L&T Equity Savings Fund.Prior to joining L&T Investment Management, he was an Associate Fixed Income Trader at Fidelity International and was also associated with UTI Mutual Fund as a Research Analyst.Jalpan holds a post graduate degree in Management from T A Pai Management Institute and a Mechanical Engineering degree from Sardar Patel University B.E. (Mechanical), PGDM.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderate Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.22% 0.27% 14.31% 7.94% 20.22% 14.47% 7.80% 7.44% 8.29% 15.51% 14.18% 10.51% 8.06% 7.88%
Category Average 0.10% -0.57% 0.74% 1.41% 6.70% 6.48% 4.12% 4.73% 7.27% 4.10% 6.08% 5.45% 4.92% 6.38%
L&T Credit Risk Fund 0.10%₹ 10,010 -0.70%₹ 9,930 -0.61%₹ 9,938 0.07%₹ 10,006 3.98%₹ 10,398 2.09%₹ 12,134 6.63%₹ 11,369 4.26%₹ 25,069 3.51%₹ 11,090 4.23%₹ 38,392 4.43%₹ 12,425 4.11%₹ 66,571 6.73%₹ 19,192 5.75%₹ 1,61,155
ICICI Prudential Credit Risk Fund 0.20%₹ 10,019 -0.26%₹ 9,973 0.06%₹ 10,006 1.50%₹ 10,150 4.98%₹ 10,498 3.60%₹ 12,231 7.31%₹ 11,516 5.49%₹ 25,380 7.80%₹ 12,528 6.60%₹ 39,782 7.44%₹ 14,319 7.27%₹ 72,073 8.29%₹ 22,193 7.88%₹ 1,80,172
HDFC Credit Risk Debt Fund 0.17%₹ 10,016 -0.70%₹ 9,930 -0.74%₹ 9,925 0.44%₹ 10,043 3.83%₹ 10,382 1.63%₹ 12,105 8.08%₹ 11,682 5.03%₹ 25,265 7.79%₹ 12,526 6.46%₹ 39,696 7.04%₹ 14,056 7.08%₹ 71,723 - -
Baroda Credit Risk Fund 0.12%₹ 10,011 -0.51%₹ 9,949 -0.26%₹ 9,973 1.17%₹ 10,116 12.35%₹ 11,235 9.29%₹ 12,592 14.47%₹ 13,102 12.93%₹ 27,294 7.30%₹ 12,355 10.51%₹ 42,144 6.79%₹ 13,895 8.06%₹ 73,505 - -
SBI Credit Risk Fund 0.12%₹ 10,011 -0.37%₹ 9,963 -0.04%₹ 9,996 1.00%₹ 10,100 3.95%₹ 10,395 2.52%₹ 12,162 6.50%₹ 11,342 4.43%₹ 25,111 6.64%₹ 12,128 5.55%₹ 39,164 6.35%₹ 13,609 6.10%₹ 69,988 8.12%₹ 21,856 7.30%₹ 1,74,726
Principal Credit Risk Fund 0.15%₹ 10,014 0.18%₹ 10,017 14.31%₹ 11,430 7.94%₹ 10,794 - - - - - - - - - -

Portfolio Holdings

Portfolio holdings pattern of L&T Credit Risk Fund as on 23 May 2022 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    81.22%
  • Others Holdings:

    18.78%

Top Debt Instrument Type holdings of L&T Credit Risk Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 58.92% ₹ 106.69 Cr.
GOI 22.30% ₹ 40.40 Cr.
Others 18.78% -

Top Debt Holdings of L&T Credit Risk Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 22.30% ₹ 40.40 Cr.
Bond - IIFL Home Finance Ltd. 8.55% ₹ 15.49 Cr.
Bond - Hinduja Leyland Finance Ltd. 6.48% ₹ 11.74 Cr.
Bond - Godrej Industries Ltd 5.86% ₹ 10.61 Cr.
Bond - Aadhar Housing Finance Ltd. 5.81% ₹ 10.53 Cr.
Others 51.00%

Other Holdings

Holding TypeHolding Percentage
TREPS 18.69%
Net Receivables 0.09%