Fund Features

Scheme Classification

An open ended debt scheme predominantly investing in AA and below rated corporate bonds



To generate regular returns and capital appreciation by investing predominantly in AA and below rated corporate bonds, debt, government securities and money market instruments.

Inception date

October 8,2009

Fund Managers

Mr. Shriram Ramanathan and Mr. Jalpan Shah

Benchmark index

CRISIL Composite Credit Risk Index

Annual Recurring Expenses (Regular Plan)

1.66% (As on 30th Sep 2021)

Click here to view daily TER

Annual Recurring Expenses (Direct Plan)

0.86% (As on 30th Sep 2021)

Click here to view daily TER


The above ratio includes 5 bps of additional expenses.

Apart from the above-mentioned expenses, additional expenses of up to 0.30% of daily net assets of the scheme, in compliance with the conditions prescribed and GST on investment management fees are also being charged.

Entry Load



Exit Load

If the units redeemed or switched-out are upto 10% of the units purchased or switched in ("the limit") within 1 year from the date of allotment: NIL


If units redeemed or switched out are over and above the limit within 1 year from the date of allotment: 1 (% of Applicable NAV)


If units are redeemed or switched out on or after 1 year from the date of allotment: NIL


Bonus units and units issued on reinvestment of dividends shall not be subject to Exit Load.

Min Initial Investment

10,000 per application and in multiples of Re. 1 thereafter

Min Additional Investment

1,000 per application and in multiples of Re. 1 thereafter



L&T Credit Risk Fund
Regular, Growth

Asset Allocation

Asset Allocation is represented as:
Indicative Allocation (% of net assets) Risk Profile 
Maximum Minimum  

Debt instruments *

100% 0%
Low to Medium
Money Market Instruments^ 100% 0% Low to Medium

Units issued by REITs and InvITs

10% 0% Medium to High

*Debt instruments would include all debt securities issued by entities such as banks, companies, public sector undertakings, municipal corporations, body corporates, warrants, equity linked debentures (with no equity component), compulsorily convertible debenture (with no equity linked returns), capital instruments including Basel III bonds, central government securities, state development loans and UDAY bonds, recapitalization bonds, municipal bonds and G-Sec repos and any other instruments as permitted by regulators from time to time.

^Money Market Instruments would include certificate of deposits, commercial papers, T-Bills, repo, reverse repos and CBLO, bill rediscounting, bills of exchange / promissory notes, Standby Letter of Credit (SBLC) backed commercial papers and government securities having unexpired maturity of 1 year and such other instruments as eligible from time to time.


Risk Factor

Moderate Risk Factor - LTFS

This product is suitable for investors who are seeking*


Generation of regular returns and capital appreciation over medium to long term

Investment in debt instruments(including securitized debt), government and money market securities

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


Mutual Fund investments are subject to market risks, read all scheme related documents carefully.


Speak to us
Speak to us

 a.)  For Investors

Toll-free number - 1800 4190 200/
1800 2000 400

Timing – 9AM to 6PM (Mon-Fri)

               9AM to 1PM (Saturday)

Email id –


 b.)  For Distributors

Phone number - 1800 4199 800/3030 9800

Timing – 9AM to 6PM (Mon-Fri)

               9AM to 1PM (Saturday)

Email id –

Chat with us

Subscribe Now

Sign Up here for latest updates , monthly newsletter , offers & more..

Error Message
Error Message

By clicking here, you agree to our
Terms & Conditions.

New to L&T Mutual Fund

Let us help you Invest

By clicking on submit, you agree to the terms & conditions.

Thank You!

Thank you for submitting details. We will get back to you shortly.