L&T Resurgent India Corporate Bond Fund

Data as on October 31, 2017


L&T Resurgent India Corporate Bond Fund

Data as on October 31, 2017


Fund Details

NAV of Plans/Options
(as on October 31, 2017)

Rs
Dividend Option - Regular Plan 10.8893
Annual Dividend - Regular Plan 11.8211
Growth Option - Regular Plan 12.7895
Dividend Option - Direct Plan 11.1748
Annual Dividend - Direct Plan 12.0254
Growth Option - Direct Plan 13.0954
Date of Inception :
Regular PlanFebruary 02, 2015
Direct PlanFebruary 02, 2015
Expense Ratio+ :1.59% (Regular)
0.84% (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)2,308.87
Month end AUM(Rs In Crs)2,332.79


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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
 
L&T Metro Rail (Hyderabad) Limited (Put
Option On L&T Limited ) ICRA AAA(SO) 6.22%
Intime Properties Limited (Commercial
Mortgage Backed Security) IND AAA(SO) 5.83%
Indiabulls Housing Finance Limited CARE AAA 4.77%
Punjab National Bank CARE AA- 4.14%
Reliance Gas Transportation Infrastructure
Limited CRISIL AAA 4.01%
Dewan Housing Finance Corporation
Limited CARE AA 3.53%
Reliance Utilities and Power Private
Limited CRISIL AAA 3.52%
SBI Cards & Payment Services Private
Limited CRISIL AAA 3.49%
Reliance Ports & Terminals Limited CRISIL AAA 3.30%
HDFC Bank Limited CRISIL AA+ 3.27%
Housing Development Finance
Corporation Limited CRISIL AAA 3.00%
SP Jammu Udhampur Highway Limited
(NHAI Annuity Receivables) ICRA AAA(SO) 2.88%
Kudgi Transmission Ltd (Fixed pooled
transmission charges collected by PGCIL) ICRA AAA(SO) 2.72%
Oriental Nagpur Betul Highway Limited
(Nhai Annuity Receivables) CRISIL AAA(SO) 2.45%
Andhra Pradesh Expressway Limited
(Nhai Annuity Receivables) ICRA AAA(SO) 2.16%
India Infoline Housing Finance Limited ICRA AA 2.15%
Business Broadcast News Holding
Limited (Corporate Guarantee - Reliance Capital Limited) CARE AA+(SO) 2.08%
Adani Transmission Limited IND AA + 1.95%
ICICI Bank Limited ICRA AA+ 1.75%
Renew Akshay Urja Pvt Ltd (Partial
Guarantee from IIFCL and IREDA) CARE AA+(SO) 1.71%
Nagpur Seoni Expressway Limited (Nhai
Annuity Receivables) CARE AAA(SO) 1.53%
Mahindra & Mahindra Financial Services
Limited IND AAA 1.52%
Union Bank of India CRISIL AA+ 1.52%
Name Of Instrument Rating/Industry % to Net
Assets

Walwhan Renewables Energy Private Limited (Corporate guarantee of Tata Power Company Ltd) CARE AA(SO) 1.49%
HPCL Mittal Energy Limited (Long term take or pay agreement with HPCL) ICRA AA 1.41%
Jhajjar Power Limited (Partial Corporate Guarantee of CLP India Pvt Ltd) IND AA+(SO) 1.40%
Dewan Housing Finance Corporation Limited CARE AAA 1.31%
Patel Knr Heavy Infrastructures private Limited (Nhai Annuity Receivables) CARE AAA(SO) 1.30%
East North Interconnection Company Limited (Fixed pooled transmission charges collected by PGCIL) CRISIL AAA(SO) 1.23%
Bajaj Finance Limited IND AAA 1.12%
IndusInd Bank Limited CRISIL AA 1.10%
Reliance Industries Limited CRISIL AAA 1.06%
Axis Bank Limited CRISIL AA+ 0.86%
IOT Utkal Energy Services Limited (Long term take or pay agreement with IOCL) CRISIL AAA(SO) 0.66%
Union Bank of India IND AA 0.65%
NHPC Limited IND AAA 0.65%
Bharat Aluminium Company Limited ICRA AA- 0.64%
Nagpur Seoni Expressway Limited (Nhai Annuity Receivables) CRISIL AAA(SO) 0.53%
Cholamandalam Investment and Finance Company Limited ICRA AA 0.43%
Export-Import Bank of India CRISIL AAA 0.43%
Power Finance Corporation Limited CRISIL AAA 0.22%
Total 85.99%

MONRY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
Aditya Birla Finance Limited ICRA A1+ 3.21%
Infina Finance Private Limited CRISIL A1+ 1.71%
Total 4.92%

Others
CBLO/Reverse Repo 6.93%
Net Receivables/(Payables) 2.16%

Grand Total 100.00%

Average Maturity 4.14 years

Modified Duration 3.03 years

YTM 8.21%

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

DEBT INSTRUMENTS
Listed/Awaiting Listing on the Exchange
Non Convertible Debentures
 
L&T Metro Rail (Hyderabad) Limited (Put
Option On L&T Limited ) ICRA AAA(SO) 6.22%
Intime Properties Limited (Commercial
Mortgage Backed Security) IND AAA(SO) 5.83%
Indiabulls Housing Finance Limited CARE AAA 4.77%
Punjab National Bank CARE AA- 4.14%
Reliance Gas Transportation Infrastructure
Limited CRISIL AAA 4.01%
Dewan Housing Finance Corporation
Limited CARE AA 3.53%
Reliance Utilities and Power Private
Limited CRISIL AAA 3.52%
SBI Cards & Payment Services Private
Limited CRISIL AAA 3.49%
Reliance Ports & Terminals Limited CRISIL AAA 3.30%
HDFC Bank Limited CRISIL AA+ 3.27%
Housing Development Finance
Corporation Limited CRISIL AAA 3.00%
SP Jammu Udhampur Highway Limited
(NHAI Annuity Receivables) ICRA AAA(SO) 2.88%
Kudgi Transmission Ltd (Fixed pooled
transmission charges collected by PGCIL) ICRA AAA(SO) 2.72%
Oriental Nagpur Betul Highway Limited
(Nhai Annuity Receivables) CRISIL AAA(SO) 2.45%
Andhra Pradesh Expressway Limited
(Nhai Annuity Receivables) ICRA AAA(SO) 2.16%
India Infoline Housing Finance Limited ICRA AA 2.15%
Business Broadcast News Holding
Limited (Corporate Guarantee - Reliance Capital Limited) CARE AA+(SO) 2.08%
Adani Transmission Limited IND AA + 1.95%
ICICI Bank Limited ICRA AA+ 1.75%
Renew Akshay Urja Pvt Ltd (Partial
Guarantee from IIFCL and IREDA) CARE AA+(SO) 1.71%
Nagpur Seoni Expressway Limited (Nhai
Annuity Receivables) CARE AAA(SO) 1.53%
Mahindra & Mahindra Financial Services
Limited IND AAA 1.52%
Union Bank of India CRISIL AA+ 1.52%
Walwhan Renewables Energy Private Limited (Corporate guarantee of Tata Power Company Ltd) CARE AA(SO) 1.49%
HPCL Mittal Energy Limited (Long term take or pay agreement with HPCL) ICRA AA 1.41%
Jhajjar Power Limited (Partial Corporate Guarantee of CLP India Pvt Ltd) IND AA+(SO) 1.40%
Dewan Housing Finance Corporation Limited CARE AAA 1.31%
Patel Knr Heavy Infrastructures private Limited (Nhai Annuity Receivables) CARE AAA(SO) 1.30%
East North Interconnection Company Limited (Fixed pooled transmission charges collected by PGCIL) CRISIL AAA(SO) 1.23%
Bajaj Finance Limited IND AAA 1.12%
IndusInd Bank Limited CRISIL AA 1.10%
Reliance Industries Limited CRISIL AAA 1.06%
Axis Bank Limited CRISIL AA+ 0.86%
IOT Utkal Energy Services Limited (Long term take or pay agreement with IOCL) CRISIL AAA(SO) 0.66%
Union Bank of India IND AA 0.65%
NHPC Limited IND AAA 0.65%
Bharat Aluminium Company Limited ICRA AA- 0.64%
Nagpur Seoni Expressway Limited (Nhai Annuity Receivables) CRISIL AAA(SO) 0.53%
Cholamandalam Investment and Finance Company Limited ICRA AA 0.43%
Export-Import Bank of India CRISIL AAA 0.43%
Power Finance Corporation Limited CRISIL AAA 0.22%
Total 85.99%

MONRY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
Aditya Birla Finance Limited ICRA A1+ 3.21%
Infina Finance Private Limited CRISIL A1+ 1.71%
Total 4.92%

Others
CBLO/Reverse Repo 6.93%
Net Receivables/(Payables) 2.16%

Grand Total 100.00%

Average Maturity 4.14 years

Modified Duration 3.03 years

YTM 8.21%


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'