L&T RESURGENT INDIA BOND FUND

Data as on May 31, 2022

 
 
 

L&T RESURGENT INDIA BOND FUND

Data as on May 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 B-III
Month end AUM
717.27 (Rs In Crs)
Monthly Average AUM
730.77 (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 17.04%
➧ 05.63% GOI 12-04-2026 SOVEREIGN 13.38%
06.79% GOI 15-05-2027 SOVEREIGN 0.69%
Total 31.11%
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
➧ Embassy Office Parks REIT CRISIL AAA 6.96%
➧ ONGC Petro Additions Limited ICRA AAA (CE) 6.93%
➧ NIIF Infrastructure Finance Limited ICRA AAA 6.02%
➧ Tata Power Company Ltd (erstwhile Coastal Gujarat Power Limited) CARE AA (CE) 4.53%
➧ Oriental Nagpur Betul Highway Limited (Nhai Annuity Receivables) CRISIL AAA 4.22%
➧ Patel Knr Heavy Infrastructures Limited (Nhai Annuity Receivables) CARE AA+ 3.97%
➧ IIFL Home Finance Limited ICRA AA 3.73%
Sikka Ports & Terminals Limited (erstwhile Reliance Ports & Terminals Ltd) CRISIL AAA 3.71%
National Bank for Agriculture & Rural Development CRISIL AAA 3.63%
Shriram Transport Finance Company Limited CRISIL AA+ 3.57%
L&T Metro Rail (Hyderabad) Limited (Put Option On L&T Limited ) IND AAA (CE) 2.49%
Bajaj Finance Limited CRISIL AAA 2.08%
Yarrow Infrastructure Pvt Limited (Vector green energy sponsored co-obligor structure) IND AAA (CE) 2.01%
Name Of Instrument
Rating
% to Net
Assets

IOT Utkal Energy Services Limited (Long term take or pay agreement with IOCL) CRISIL AAA 1.84%
Andhra Pradesh Expressway Limited (Nhai Annuity Receivables) IND AAA 0.90%
Vector Green Prayagraj Solar Pvt Limited (Vector green energy sponsored co-obligor structure) IND AAA (CE) 0.75%
Malwa Solar Power Generation Pvt Limited (Vector green energy sponsored co-obligor structure) IND AAA (CE) 0.63%
Sepset Constructions Pvt Limited (Vector green energy sponsored co-obligor structure) IND AAA (CE) 0.63%
Tata Power Company Limited CARE AA 0.44%
Power Finance Corporation Limited CRISIL AAA 0.41%
Citra Real Estate Limited (Vector green energy sponsored co-obligor structure) IND AAA (CE) 0.10%
Priapus Infrastructure Pvt Limited (Vector green energy sponsored co-obligor structure) IND AAA (CE) 0.10%
Total 59.65%
Securitised Debt
➧ First Business Receivables Trust(Backed by receivables from Reliance Industries,Reliance Retail,Reliance Jio) CRISIL AAA(SO) 7.35%
Total 7.35%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo 1.72%
Net Receivable/Payable 0.15%
Net Assets 100.00%
Average Maturity 2.75 years
Modified Duration 2.33 years
Macaulay Duration 2.45 years
YTM 7.59%
➧ 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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