Fund Performance
Lumpsum
SIP
6.53
as on 07 Jun 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,094 today.
NAV Performance
Fund Information
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₹ 17.481
as on 07 Jun 2023 -
Regular - Growth
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-
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₹ 5,000
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₹ 700 Cr.
as on 30 Apr 2023 -
1.1%
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02 Feb 2015
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CRISIL 10 Year Gilt Index
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L&T Mutual Fund
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Highlights of this fund
L&T Resurgent India Bond Fund is an Open-ended Debt Fund. The fund belongs to Medium Duration 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 02 Feb 2015. 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 ₹ 17.481 as on 07 Jun 2023.
This fund has 8 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.1%. 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 ₹ 5,000.
Fund Objective
To seek to generate income by investing primarily in debt and money market securities.
List of Fund Managers of L&T Resurgent India Bond Fund
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About Shriram Ramanathan
Shriram 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.
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About Kapil Lal Punjabi
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 | 0.19% | 0.84% | 3.73% | 4.52% | 8.62% | 10.91% | 8.15% | 7.89% | 8.54% | 8.93% | 6.32% | 8.01% | 6.86% | 7.96% |
| Category Average | 0.11% | 0.61% | 2.78% | 3.64% | 7.09% | 5.14% | 5.80% | 5.39% | 6.89% | 8.06% | 5.58% | 5.36% | 5.33% | 6.70% |
| L&T Resurgent India Bond Fund | 0.18%₹ 10,018 | 0.74%₹ 10,073 | 2.99%₹ 10,298 | 4.06%₹ 10,406 | 7.75%₹ 10,775 | 8.31%₹ 12,531 | 4.44%₹ 10,907 | 5.59%₹ 25,408 | 6.53%₹ 12,094 | 5.39%₹ 39,070 | 6.42%₹ 13,648 | 5.96%₹ 69,748 | - | - |
| SBI Magnum Medium Duration Fund | 0.14%₹ 10,014 | 0.84%₹ 10,083 | 3.11%₹ 10,310 | 4.26%₹ 10,425 | 8.19%₹ 10,819 | 8.68%₹ 12,554 | 4.94%₹ 11,012 | 6.12%₹ 25,543 | 6.02%₹ 11,920 | 5.62%₹ 39,207 | 7.89%₹ 14,619 | 6.82%₹ 71,278 | 8.54%₹ 22,703 | 7.96%₹ 1,80,901 |
| HDFC Medium Term Debt Fund | 0.17%₹ 10,017 | 0.84%₹ 10,084 | 2.94%₹ 10,294 | 3.97%₹ 10,397 | 7.79%₹ 10,778 | 8.13%₹ 12,520 | 4.69%₹ 10,960 | 5.67%₹ 25,429 | 6.36%₹ 12,037 | 5.50%₹ 39,135 | 7.01%₹ 14,034 | 6.28%₹ 70,313 | 7.39%₹ 20,415 | 6.98%₹ 1,71,808 |
| ICICI Prudential Medium Term Bond Fund | 0.16%₹ 10,015 | 0.72%₹ 10,072 | 2.74%₹ 10,274 | 3.96%₹ 10,395 | 8.22%₹ 10,821 | 8.14%₹ 12,520 | 5.29%₹ 11,086 | 6.25%₹ 25,576 | 6.92%₹ 12,229 | 6.08%₹ 39,474 | 7.37%₹ 14,272 | 6.86%₹ 71,346 | 7.57%₹ 20,744 | 7.33%₹ 1,75,019 |
| IDFC Bond Fund - Medium Term Plan | 0.11%₹ 10,011 | 0.60%₹ 10,060 | 3.18%₹ 10,317 | 3.94%₹ 10,393 | 7.44%₹ 10,744 | 7.88%₹ 12,504 | 3.45%₹ 10,701 | 4.77%₹ 25,198 | 4.11%₹ 11,285 | 4.09%₹ 38,316 | 6.47%₹ 13,686 | 5.22%₹ 68,460 | 6.78%₹ 19,281 | 6.32%₹ 1,66,007 |
| Kotak Medium Term Fund | 0.06%₹ 10,005 | 0.51%₹ 10,050 | 2.73%₹ 10,273 | 3.13%₹ 10,313 | 6.28%₹ 10,627 | 6.65%₹ 12,426 | 4.52%₹ 10,924 | 4.97%₹ 25,249 | 6.05%₹ 11,930 | 5.03%₹ 38,857 | 6.12%₹ 13,457 | 5.60%₹ 69,120 | - | - |
Portfolio Holdings
Top Debt Instrument Type holdings of L&T Resurgent India Bond Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| GOI | 50.12% | ₹ 350.97 Cr. |
| NCD & Bonds | 39.05% | ₹ 273.40 Cr. |
| PTC | 8.03% | ₹ 56.28 Cr. |
| Others | 2.80% | - |
Top Debt Holdings of L&T Resurgent India Bond Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 50.12% | ₹ 350.97 Cr. |
| Bond - First Business Receivables Trust | 8.03% | ₹ 56.28 Cr. |
| Bond - ONGC Petro-Additions Ltd. | 7.04% | ₹ 49.30 Cr. |
| Bond - NIIF Infrastructure Finance Ltd. | 6.07% | ₹ 42.55 Cr. |
| Bond - Oriental Nagpur Betul Highway Ltd. | 4.28% | ₹ 29.95 Cr. |
| Others | 24.46% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 2.87% |
| Net Receivables | -0.07% |