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

Data as on May 31, 2018


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

Data as on May 31, 2018


Fund Details

NAV of Plans/Options
(as on May 31 2018)

Rs
Dividend Option - Regular Plan 10.5468
Annual Dividend - Regular Plan 11.1981
Growth Option - Regular Plan 12.8699
Dividend Option - Direct Plan 10.8921
Annual Dividend - Direct Plan 11.4661
Growth Option - Direct Plan13.2469
Date of Inception :
Regular PlanFebruary 02, 2015
Direct PlanFebruary 02, 2015
Expense Ratio+ : 1.60% (Regular)
0.85% (Direct)
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 1000 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)2,405.36
Month end AUM(Rs In Crs)2,364.35


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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
Reliance Utilities and Power Private Limited CRISIL AAA 7.58%
Andhra Pradesh Expressway Limited (Nhai Annuity Receivables) ICRA AAA(SO) 7.36%
Sikka Ports & Terminals Limited (erstwhile Reliance Ports & Terminals Ltd) CRISIL AAA 6.45%
SP Jammu Udhampur Highway Limited (NHAI Annuity Receivables) ICRA AAA(SO) 6.16%
L&T Metro Rail (Hyderabad) Limited (Put Option On L&T Limited ) ICRA AAA(SO) 6.08%
Housing Development Finance Corporation Limited CRISIL AAA 6.08%
Oriental Nagpur Betul Highway Limited (Nhai Annuity Receivables) CRISIL AAA(SO) 3.62%
Intime Properties Limited (Commercial Mortgage Backed Security) IND AAA(SO) 3.55%
IndusInd Bank Limited CRISIL AA 3.55%
SBI Cards & Payment Services Private Limited CRISIL AAA 3.34%
Rural Electrification Corporation Limited CRISIL AAA 3.10%
NRSS XXXI B Transmission Limited (Fixed pooled transmission charges collected by PGCIL) CRISIL AAA(SO) 3.01%
Bharat Petroleum Corporation Limited CRISIL AAA 2.25%
Indiabulls Housing Finance Limited CARE AAA 2.11%
IIFL Home Finance Limited ICRA AA 2.07%
Business Broadcast News Holdings Limited (Corporate Guarantee - Reliance Capital Limited) CARE AA+(SO) 2.00%
Reliance Industries Limited CRISIL AAA 2.00%
HPCL-Mittal Energy Limited (Long term take or pay agreement with HPCL) ICRA AA 1.71%
East West Pipeline Ltd (formerly Reliance Gas Transportation Infrastructure Ltd) CRISIL AAA 1.62%
East North Interconnection Company Limited (Fixed pooled transmission charges collected by PGCIL) CRISIL AAA(SO) 1.49%
Cholamandalam Investment and Finance Company Limited ICRA AA+ 1.48%
Name Of Instrument
Rating/Industry
% to Net
Assets

Mahindra & Mahindra Financial Services Limited IND AAA 1.47%
Jhajjar Power Limited (Partial Corporate Guarantee of CLP India Pvt Ltd) IND AA+(SO) 1.33%
Nagpur Seoni Expressway Limited (Nhai Annuity Receivables) CARE AAA(SO) 1.32%
Dewan Housing Finance Corporation Limited CARE AA 1.27%
Patel Knr Heavy Infrastructures Private Limited (Nhai Annuity Receivables) CARE AA(SO) 1.22%
DLF Promenade Limited (Commercial Mortgage Backed Security) CRISIL AA(SO) 1.08%
Syndicate Bank CARE AA- 1.08%
Power Finance Corporation Limited CRISIL AAA 1.03%
Manappuram Finance Limited CARE AA 0.85%
Union Bank of India CRISIL AA+ 0.84%
NHPC Limited IND AAA 0.84%
Bharat Aluminium Company Limited ICRA AA- 0.62%
Kudgi Transmission Limited (Fixed pooled transmission charges collected by PGCIL) ICRA AAA(SO) 0.62%
IOT Utkal Energy Services Limited (Long term take or pay agreement with IOCL) CRISIL AAA(SO) 0.61%
Nagpur Seoni Expressway Limited (Nhai Annuity Receivables) CRISIL AAA(SO) 0.51%
Bank of Baroda CARE AA 0.38%
Yes Bank Limited CARE AA 0.21%
Dewan Housing Finance Corporation Limited CARE AAA 0.21%
Total 92.10%
MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
Indostar Capital Finance Limited CRISIL A1+ 1.05%
JM Financial Products Limited CARE A1+ 0.85%
Dewan Housing Finance Corporation Limited CRISIL A1+ 0.21%
Total 2.11%
Others
CBLO / Reverse Repo 2.25%
Net Receivable/Payable 3.54%
Grand Total 100.00%
Average Maturity 3.99 years
Modified Duration 2.83 years
YTM 8.99%


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.

Investment objective:To seek to generate income by investing primarily in debt and money market securities of fundamentally strong corporates / companies in growth sectors which are closely associated with the resurgence of domestic economy, with a flexibility to follow more conservative investment approach during economic downturns.
There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.
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'