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

Data as on January 31, 2019


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

Data as on January 31, 2019


Fund Details

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

Rs
Dividend Option - Regular Plan
10.6008
Annual Dividend - Regular Plan
11.6345
Growth Option - Regular Plan
13.3718
Dividend Option - Direct Plan
10.9714
Annual Dividend - Direct Plan
11.9801
Growth Option - Direct Plan
13.8407
Date of Inception :
Regular PlanFebruary 02, 2015
Direct PlanFebruary 02, 2015
Total Expense Ratio+ : 1.72% (Regular)
0.91% (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)2,134.69
Month end AUM(Rs In Crs)2,129.40


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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
Sikka Ports & Terminals Limited (erstwhile Reliance Ports & Terminals Ltd) CRISIL AAA 7.53%
SP Jammu Udhampur Highway Limited (NHAI Annuity Receivables) ICRA AAA(SO) 6.70%
Andhra Pradesh Expressway Limited (Nhai Annuity Receivables) ICRA AAA(SO) 6.41%
L&T Metro Rail (Hyderabad) Limited (Put Option On L&T Limited ) ICRA AAA(SO) 5.81%
Green Infra Wind Energy Limited (subsidiary of Sembcorp Energy India Ltd) CRISIL AA(SO) 4.72%
Coastal Gujarat Power Limited (corporate guarantee of Tata Power Company Ltd) CARE AA(SO) 4.68%
Oriental Nagpur Betul Highway Limited (Nhai Annuity Receivables) CRISIL AAA(SO) 3.97%
IndusInd Bank Limited CRISIL AA 3.89%
Jamnagar Utilities and Power Private Limited ( erstwhile Reliance Utilities and Power Private Limited ) CRISIL AAA 3.60%
SBI Cards & Payment Services Private Limited CRISIL AAA 3.60%
Indostar Capital Finance Limited CARE AA- 3.52%
Rec Limited CRISIL AAA 3.50%
NRSS XXXI B Transmission Limited (Fixed pooled transmission charges collected by PGCIL) CARE AAA(SO) 3.19%
Indian Railway Finance Corporation Limited CRISIL AAA 3.07%
State Bank Of India CRISIL AAA 2.39%
National Bank for Agriculture & Rural Development CRISIL AAA 2.34%
IIFL Home Finance Limited ICRA AA 2.20%
HPCL-Mittal Energy Limited (Long term take or pay agreement with HPCL) ICRA AA+ 1.97%
East North Interconnection Company Limited (Fixed pooled transmission charges collected by PGCIL) CRISIL AAA(SO) 1.66%
Name Of Instrument
Rating/Industry
% to Net
Assets

Jhajjar Power Limited (Partial Corporate Guarantee of CLP India Pvt Ltd) IND AA+(SO) 1.45%
Patel Knr Heavy Infrastructures Private Limited (Nhai Annuity Receivables) CARE AA+(SO) 1.34%
Nagpur Seoni Expressway Limited (Nhai Annuity Receivables) CARE AAA(SO) 1.28%
Hinduja Leyland Finance Limited ICRA AA- 1.19%
DLF Promenade Limited (Commercial Mortgage Backed Security)- CRISIL AA(SO) 1.19%
HDFC Bank Limited CRISIL AAA 1.17%
Bank of Baroda CARE AAA 1.16%
Dewan Housing Finance Corporation Limited CARE AA 1.12%
Union Bank of India CRISIL AA+ 0.94%
Indiabulls Housing Finance Limited CARE AAA 0.92%
Cholamandalam Investment and Finance Company Limited ICRA AA+ 0.91%
Bharat Aluminium Company Limited ICRA AA- 0.69%
IOT Utkal Energy Services Limited (Long term take or pay agreement with IOCL) CRISIL AAA(SO) 0.65%
Nagpur Seoni Expressway Limited (Nhai Annuity Receivables) CRISIL AAA(SO) 0.56%
Bank of Baroda CARE AA 0.42%
NHPC Limited IND AAA 0.36%
Yes Bank Limited CARE AA 0.23%
Dewan Housing Finance Corporation Limited CARE AAA 0.23%
Total 90.56%
SECURITISED DEBT
Rent-A-Device Trust(Backed by lease rentals from Reliance Retail Ltd)
ICRA AAA(SO)
3.99%
Total 3.99%
Others
Tri-Party REPO /Reverse Repo 1.89%
Net Receivable/Payable 3.56%
Grand Total 100.00%
Average Maturity 4.89 years
Modified Duration 3.33 years
YTM 9.43%


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
ᵟ Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid effective from May 14, 2018.
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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