Invest in L&T Resurgent India Bond Fund

L&T Resurgent India Bond Fund

(Formerly known as L&T Resurgent India Corporate Bond Fund)


Fund Features

Scheme Classification

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 


To seek to generate income by investing primarily in debt and money market securities 

Inception date

February 2, 2015

Fund Managers

 Mr. Shriram Ramanathan and Mr. Jalpan Shah 

Benchmark index

CRISIL Medium Term Debt Index

SIP availability


Annual Recurring Expenses (Regular Plan)

1.42%  (As on 30th June 2020)

Click here to view daily TER


Annual Recurring Expenses (Direct Plan)

0.52%  (As on 30th June 2020)

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

On or before 1 year from the date of allotment or Purchase applying First in First Out basis - 1% of applicable NAV.


After 1 years - NIL

Minimum purchase amount


Minimum additional purchase amount


Minimum redemption amount/units

Rs. 500 or 50 Units


Scheme Information Document, Key Information Memorandum and Application Forms / Transaction Slips available at the ISCs / distributors.



L&T Resurgent India Bond 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 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.