L&T Resurgent India Bond Fund

Data as on September 30, 2019


L&T Resurgent India Bond Fund

Data as on September 30, 2019


Fund Details

NAV of Plans/Options
(as on September 30, 2019)

Rs
Dividend Option - Regular Plan
10.7331
Annual Dividend - Regular Plan
11.4163
Growth Option - Regular Plan
13.9498
Dividend Option - Direct Plan
11.1042
Annual Dividend - Direct Plan
11.8468
Growth Option - Direct Plan
14.5235
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) 1,831.00
Month end AUM(Rs In Crs) 1,804.99


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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
L&T Metro Rail (Hyderabad) Limited (Put Option On L&T Limited ) ICRA AAA(SO) 6.68%
Indian Railway Finance Corporation Limited CRISIL AAA 6.22%
SP Jammu Udhampur Highway Limited (NHAI Annuity Receivables) IND AAA 6.15%
Coastal Gujarat Power Limited (corporate guarantee of Tata Power Company Ltd) CARE AA (CE) 5.54%
Green Infra Wind Energy Limited (subsidiary of Sembcorp Energy India Ltd) CRISIL AA 5.51%
Sikka Ports & Terminals Limited (erstwhile Reliance Ports & Terminals Ltd) CRISIL AAA 5.47%
Andhra Pradesh Expressway Limited (Nhai Annuity Receivables) IND AAA 5.42%
IndusInd Bank Limited CRISIL AA 4.46%
Rec Limited CRISIL AAA 4.39%
Oriental Nagpur Betul Highway Limited (Nhai Annuity Receivables) CRISIL AAA 4.26%
Indostar Capital Finance Limited CARE AA- 4.16%
SBI Cards & Payment Services Private Limited CRISIL AAA 3.65%
State Bank Of India CRISIL AAA 2.92%
National Bank for Agriculture & Rural Development CRISIL AAA 2.89%
Indian Railway Finance Corporation Limited CARE AAA 2.89%
NRSS XXXI B Transmission Limited (Fixed pooled transmission charges collected by PGCIL) CARE AAA 2.74%
Name Of Instrument
Rating/Industry
% to Net
Assets

India Infoline Finance Limited CRISIL AA 2.64%
Bharat Aluminium Company Limited ICRA AA- 1.93%
Jhajjar Power Limited (Partial Corporate Guarantee of CLP India Pvt Ltd) IND AA+ (CE) 1.69%
Patel Knr Heavy Infrastructures Private Limited (Nhai Annuity Receivables) CARE AA+ 1.59%
HDFC Bank Limited CRISIL AAA 1.45%
NHPC Limited CARE AAA 1.45%
East North Interconnection Company Limited (Fixed pooled transmission charges collected by PGCIL) CRISIL AAA 1.41%
Hinduja Leyland Finance Limited ICRA AA- 1.37%
NTPC Limited CRISIL AAA 1.36%
Cholamandalam Investment and Finance Company Limited ICRA AA+ 1.06%
Nagpur Seoni Expressway Limited (Nhai Annuity Receivables) CARE AAA 1.04%
IOT Utkal Energy Services Limited (Long term take or pay agreement with IOCL) CRISIL AAA 0.75%
Nagpur Seoni Expressway Limited (Nhai Annuity Receivables) CRISIL AAA 0.65%
NHPC Limited IND AAA 0.28%
Yes Bank Limited CARE A+ 0.27%
Dewan Housing Finance Corporation Limited CARE D (LT) 0.00%
Total 92.29%
Others
Tri Party Repo Dealing System (TREPS)/Reverse Repo   5.14%
Net Receivable/Payable   2.57%
Net Assets 100.00%
Average Maturity 5.20 years
Modified Duration 3.43 years
YTM 9.20%


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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