L&T RESURGENT INDIA BOND FUND

Data as on January 31, 2022

 
 
 

L&T RESURGENT INDIA BOND FUND

Data as on January 31, 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
Month end AUM
1,296.49 (Rs In Crs)
Monthly Average AUM
1,342.13 (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 13.43%
➧ 05.63% GOI 12-04-2026 SOVEREIGN 11.27%
➧ 06.18% GOI 04-11-2024 SOVEREIGN 5.20%
➧ 06.79% GOI 15-05-2027 SOVEREIGN 4.01%
➧ 8.08% MAHARASHTRA SDL 26-12-2028 SOVEREIGN 3.31%
07.16% GOI 20-05-2023 SOVEREIGN 2.01%
07.32% GOI 28-01-2024 SOVEREIGN 2.01%
04.56% GOI 29-11-2023 SOVEREIGN 1.93%
Total 43.17%
Non Convertible Debentures
Listed/Awaiting Listing on the Exchange
➧ National Bank for Agriculture & Rural Development CRISIL AAA/ICRA AAA 6.87%
➧ Sikka Ports & Terminals Limited (erstwhile Reliance Ports & Terminals Ltd) CRISIL AAA 4.16%
➧ ONGC Petro Additions Limited (Letter of comfort from Oil & Natural Gas Corporation Limited) ICRA AAA (CE) 4.05%
➧ Embassy Office Parks REIT CRISIL AAA 3.90%
NIIF Infrastructure Finance Limited ICRA AAA 2.72%
Coastal Gujarat Power Limited (corporate guarantee of Tata Power Company Ltd) CARE AA (CE) 2.52%
Oriental Nagpur Betul Highway Limited (Nhai Annuity Receivables) CRISIL AAA 2.44%
Patel Knr Heavy Infrastructures Limited (Nhai Annuity Receivables) CARE AA+ 2.30%
National Highways Authority of India CRISIL AAA 2.19%
Manappuram Finance Limited CARE AA 2.10%
IIFL Home Finance Limited ICRA AA 2.01%
Indian Oil Corporation Limited CRISIL AAA 2.00%
National Housing Bank CRISIL AAA 2.00%
Housing Development Finance Corporation Limited CRISIL AAA 1.93%
Name Of Instrument
Rating
% to Net
Assets

HDFC Bank Limited CRISIL AAA 1.92%
L&T Metro Rail (Hyderabad) Limited (Put Option On L&T Limited ) IND AAA (CE) 1.40%
Yarrow Infrastructure Private Limited CRISIL AAA 1.15%
IOT Utkal Energy Services Limited (Long term take or pay agreement with IOCL) CRISIL AAA 1.02%
Andhra Pradesh Expressway Limited (Nhai Annuity Receivables) IND AAA 1.00%
State Bank Of India Basel III Compliant AT 1 Bond CRISIL AA+ 0.82%
Indian Railway Finance Corporation Limited CRISIL AAA 0.42%
Vector Green Prayagraj Solar Pvt Limited (Vector green energy sponsored co-obligor structure) CRISIL AAA 0.42%
Malwa Solar Power Generation Private Limited CRISIL AAA 0.36%
Sepset Constructions Limited CRISIL AAA 0.36%
Power Finance Corporation Limited CRISIL AAA 0.25%
Citra Real Estate Limited CRISIL AAA 0.06%
Priapus Infrastructure Limited CRISIL AAA 0.06%
Total 50.43%
Securitised Debt
➧ First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) CRISIL AAA(SO) 4.08%
Total 4.08%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 6.29%
Net Receivable/Payable -3.95%
Net Assets 100.00%
Average Maturity 3.11 years
Modified Duration 2.62 years
Macaulay Duration 2.73 years
YTM 6.03%
➧ Indicates top ten instruments

#The YTC of the security as per guidelines issued by SEBI Circular No SEBI/HO/IMD/DF4/CIR/P/2021/032 dated March 10,2021 read with Clarification issued by SEBI vide circular no SEBI/HO/IMD/DF4/CIR/P/2021/034 dated March 22, 2021 and AMFI Best Practices Guidelines Circular No. 91/ 2020 - 21.







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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