L&T Resurgent India Bond Fund

Data as on October 31, 2019


L&T Resurgent India Bond Fund

Data as on October 31, 2019


Fund Details

NAV of Plans/Options
(as on October 31, 2019)

Rs
Dividend Option - Regular Plan
10.8294
Annual Dividend - Regular Plan
11.5614
Growth Option - Regular Plan
14.1271
Dividend Option - Direct Plan
11.2033
Annual Dividend - Direct Plan
12.0062
Growth Option - Direct Plan
14.7188
Date of Inception :
Regular PlanFebruary 02, 2015
Direct PlanFebruary 02, 2015
Total Expense Ratio+ : 1.72% (Regular)
0.86% (Direct)
- Including Additional Expenses, B30 charges and GST on Management Fees
- Total Expense Ratio is as on the last business day of the month
Options• Growth
• Dividend option (Payout and Reinvestment)
• Annual Dividend (Payout and Reinvestment)
Minimum Application size
(Initial)
Rs 5,000 per application and in multiples of Rs 1 thereafter
Additional InvestmentRs 1,000 per application and in multiples of Rs 1 thereafter.
Minimum Redemption SizeRs500 or 50 units
Fund ManagerMr. Shriram Ramanathan and Mr. Vikas Garg (w.e.f. April 03, 2017)
BenchmarkCRISIL Composite Bond Fund Index
Monthly Average AUM (Rs In Crs) 1,793.70
Month end AUM(Rs In Crs) 1,792.20


Portfolio Allocation
Name Of Instrument
Rating/Industry
% to Net
Assets

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
National Bank for Agriculture & Rural Development CRISIL AAA 8.73%
Indian Railway Finance Corporation Limited CRISIL AAA 6.31%
SP Jammu Udhampur Highway Limited (NHAI Annuity Receivables) IND AAA 6.25%
Coastal Gujarat Power Limited (corporate guarantee of Tata Power Company Ltd) CARE AA (CE) 5.59%
Green Infra Wind Energy Limited (subsidiary of Sembcorp Energy India Ltd) CRISIL AA 5.58%
Andhra Pradesh Expressway Limited (Nhai Annuity Receivables) IND AAA 5.16%
Rec Limited CRISIL AAA 4.47%
IndusInd Bank Limited CRISIL AA 4.39%
Oriental Nagpur Betul Highway Limited (Nhai Annuity Receivables) CRISIL AAA 4.35%
Indostar Capital Finance Limited CARE AA- 4.20%
L&T Metro Rail (Hyderabad) Limited (Put Option On L&T Limited ) IND AAA(CE) 3.89%
SBI Cards & Payment Services Private Limited CRISIL AAA 3.47%
State Bank Of India CRISIL AAA 2.98%
Indian Railway Finance Corporation Limited CARE AAA 2.93%
Housing Development Finance Corporation Limited CRISIL AAA 2.84%
Sikka Ports & Terminals Limited (erstwhile Reliance Ports & Terminals Ltd) CRISIL AAA 2.81%
NRSS XXXI B Transmission Limited (Fixed pooled transmission charges collected by PGCIL) CARE AAA 2.77%
Name Of Instrument
Rating/Industry
% to Net
Assets

India Infoline Finance Limited CRISIL AA 2.66%
Bharat Aluminium Company Limited ICRA AA- 1.95%
Jhajjar Power Limited (Partial Corporate Guarantee of CLP India Pvt Ltd) IND AA+ (CE) 1.70%
Patel Knr Heavy Infrastructures Private Limited (Nhai Annuity Receivables) CARE AA+ 1.60%
NHPC Limited CARE AAA 1.48%
HDFC Bank Limited CRISIL AAA 1.47%
East North Interconnection Company Limited (Fixed pooled transmission charges collected by PGCIL) CRISIL AAA 1.43%
NTPC Limited CRISIL AAA 1.38%
Hinduja Leyland Finance Limited ICRA AA- 1.38%
Cholamandalam Investment and Finance Company Limited ICRA AA+ 1.07%
Nagpur Seoni Expressway Limited (Nhai Annuity Receivables) CARE AAA 1.05%
IOT Utkal Energy Services Limited (Long term take or pay agreement with IOCL) CRISIL AAA 0.76%
Nagpur Seoni Expressway Limited (Nhai Annuity Receivables) CRISIL AAA 0.66%
NHPC Limited IND AAA 0.28%
Yes Bank Limited CARE A+ 0.28%
Dewan Housing Finance Corporation Limited CARE D (LT) 0.00%
Total 95.87%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo   1.73%
Net Receivable/Payable   2.40%
Net Assets 100.00%
Average Maturity 5.22 years
Modified Duration 3.60 years
YTM 8.82%


Pursuant to declaration/ payment of dividend, the NAV will fall to the extent of the payout and statutory levy (if applicable).
Face value Rs10/-.
Past performance of the aforesaid schemes may or may not be sustained in future.
Please note that the dividend rates mentioned are post applicable dividend distribution tax deduction.

Investment objective: To seek to generate income by investing primarily in debt and money market securities.ᵟ
Exit Load: For redemptions on or before 1 year from the date of allotment or Purchase applying First in First Out basis - 2% of Applicable NAV. For redemptions after 1 year but on or before 2 years from the date of allotment or Purchase applying First in First Out basis - 1% of Applicable NAV. For redemptions After 2 years - NIL
For details of other funds managed by the Fund Manager and 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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