L&T RESURGENT INDIA BOND FUND

Data as on April 30, 2022

 
 
 

L&T RESURGENT INDIA BOND FUND

Data as on April 30, 2022

 
 

To seek to generate income by investing primarily in debt and money market securities. There is no assurance that the investment objective of the scheme will be realized.




Date of Inception
Regular Plan February 02, 2015
Direct Plan February 02, 2015
Fund Manager
Mr. Shriram Ramanathan (w.e.f Feb 02, 2015)
& Mr. Jalpan Shah (w.e.f March 21, 2020)
Benchmark
NIFTY Medium Duration Debt Index B-III
Month end AUM
740.84 (Rs In Crs)
Monthly Average AUM
929.86 (Rs In Crs)
Options
•Growth
•IDCW option (Payout and Reinvestment)
•Annual IDCW (Payout and Reinvestment)

Name Of Instrument
Rating
% to Net
Assets

DEBT INSTRUMENTS
GOVERNMENT BONDS
➧ 05.22% GOI 15-06-2025 SOVEREIGN 12.05%
06.18% GOI 04-11-2024 SOVEREIGN 3.51%
06.79% GOI 15-05-2027 SOVEREIGN 3.47%
05.63% GOI 12-04-2026 SOVEREIGN 3.28%
Total 22.31%
Non Convertible Debentures
Listed/Awaiting Listing on the Exchange
➧ ONGC Petro Additions Limited (Letter of comfort from Oil & Natural Gas Corporation Limited) ICRA AAA (CE) 6.82%
➧ Embassy Office Parks REIT CRISIL AAA 6.79%
➧ ICICI Bank Limited ICRA AAA 6.58%
➧ NIIF Infrastructure Finance Limited ICRA AAA 5.89%
➧ National Bank for Agriculture & Rural Development CRISIL AAA/ICRA AAA 4.86%
➧ Coastal Gujarat Power Limited (corporate guarantee of Tata Power Company Ltd) CARE AA (CE) 4.44%
➧ Oriental Nagpur Betul Highway Limited (Nhai Annuity Receivables) CRISIL AAA 4.14%
➧ Patel Knr Heavy Infrastructures Limited (Nhai Annuity Receivables) CARE AA+ 3.87%
Sikka Ports & Terminals Limited (erstwhile Reliance Ports & Terminals Ltd) CRISIL AAA 3.61%
IIFL Home Finance Limited ICRA AA 3.60%
National Housing Bank CRISIL AAA 3.53%
Muthoot Finance Limited CRISIL AA+ 3.43%
L&T Metro Rail (Hyderabad) Limited (Put Option On L&T Limited ) IND AAA (CE) 2.44%
Bajaj Finance Limited CRISIL AAA 2.03%
Yarrow Infrastructure Private Limited (Vector green energy sponsored co-obligor structure) IND AAA (CE) 1.97%
Name Of Instrument
Rating
% to Net
Assets

IOT Utkal Energy Services Limited (Long term take or pay agreement with IOCL) CRISIL AAA 1.79%
Andhra Pradesh Expressway Limited (Nhai Annuity Receivables) IND AAA 0.87%
Vector Green Prayagraj Solar Pvt Limited (Vector green energy sponsored co-obligor structure) IND AAA (CE) 0.73%
Malwa Solar Power Generation Private Limited (Vector green energy sponsored co-obligor structure) IND AAA (CE) 0.62%
Sepset Constructions Limited (Vector green energy sponsored co-obligor structure) IND AAA (CE) 0.62%
Tata Power Company Limited CARE AA 0.43%
Power Finance Corporation Limited CRISIL AAA 0.40%
Citra Real Estate Limited (Vector green energy sponsored co-obligor structure) IND AAA (CE) 0.10%
Priapus Infrastructure Limited (Vector green energy sponsored co-obligor structure) IND AAA (CE) 0.10%
Total 69.66%
Securitised Debt
➧ First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) CRISIL AAA(SO) 7.20%
Total 7.20%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 1.45%
Net Receivable/Payable -0.61%
Net Assets 100.00%
Average Maturity 2.79 years
Modified Duration 2.29 years
Macaulay Duration 2.40 years
YTM 6.79%
➧ Indicates top ten instruments






Exit Load: Nil (w.e.f September 16, 2021)
For details of the performance of the schemes, please refer to 'Scheme Performance Section'
+ Please refer to note on expense ratios in 'Fund Manager wise Scheme Details'

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