L&T Resurgent India Bond Fund
(Formerly known as L&T Resurgent India Corporate Bond Fund)
An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 years to 4 years (please refer to page no. 18 under the section “Asset Allocation Pattern” in the SID for details on Macaulay’s Duration)#. A relatively high interest rate risk and moderate credit risk.
To seek to generate income by investing primarily in debt and money market securities
February 2, 2015
Mr. Shriram Ramanathan (w.e.f Feb 02, 2015) & Mr. Jalpan Shah (w.e.f March 21, 2020)
NIFTY Medium Duration Debt Index
1.45% (As on 31st December 2021)
0.55% (As on 31st December 2021)
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.
Rs. 500 or 50 Units
Scheme Information Document, Key Information Memorandum and Application Forms / Transaction Slips available at the ISCs / distributors.
This product is suitable for investors who are seeking*
Generation of income over medium term
Investment primarily in debt 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.
|Potential Risk Class|
|Credit Risk→||Relatively Low (Class A)||Moderate (Class B)||Relatively High (Class C)|
|Interest Rate Risk↓|
|Relatively Low (Class I)|
|Moderate (Class II)|
|Relatively High (Class III)||B-III|