L&T Credit Risk Fund Direct Plan Growth - Regular - Latest NAV [ ₹23.444 ], Returns, Performance, Portfolio & Returns 2021

L&T Credit Risk Fund Direct Plan Growth

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    6.29%
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    (+0.01)23.444

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 4.81 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years6.29%
3 Years4.74%
1 Year6.14%
6 Months2.36%
Fund Details
ISININF917K01UH8
RiskModerate Risk
Fund TypeCredit Risk
NAV23.444
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
6.18% Govt Stock 202412.52%
Coastal Gujarat Power Limited7.33%
India Infoline Housing Finance Limited6.66%
Hinduja Leyland Finance Limited5.38%
Hindalco Industries Limited4.92%
National Bank For Agriculture and Rural Development4.8%
Rural Electrification Corporation Limited4.69%
Manappuram Finance Limited4.62%
Tata Projects Limited4.59%
Bank of Baroda4.55%

About L&T Credit Risk Fund - Direct Plan - Growth

The main intention of this fund is to create periodic returns and capital gains in the long run by investing mostly in debt instruments, government securities, and corporate bonds rated AA and below.

Pros and Cons of L&T Credit Risk Fund - Direct Plan - Growth

The most significant advantage of investing in this fund is that you gain exposure to a portfolio constituted by including fixed-income securities rated AA and below across debt and money markets, and corporate and government bonds. On the flip side, the returns can be curtailed since equity exposure is on the lower side.

Fund Information and Statistics

i) Inception/Launch Date

L&T Credit Risk Fund - Direct Plan - Growth was launched 1 January 2013.

ii) Risk Level

L&T Credit Risk Fund - Direct Plan - Growth is categorised under the ‘moderately risky’ class of mutual funds.

iii) Redemption

L&T Credit Risk Fund - Direct Plan - Growth is open ended. Therefore, you can sell your fund units at any time.

iv) Fund Manager

Mr Jalpan Shah and Mr Shriram Ramanathan are the current fund managers of L&T Credit Risk Fund - Direct Plan - Growth.

v) Entry/Exit load

L&T Credit Risk Fund - Direct Plan - Growth has no entry load as per the guidelines of the Securities and Exchange Board of India (SEBI). An exit load of 1% is applicable to the units in excess of 10% on redeeming within a period of one year from the date of purchase.

About Fund House

L&T Mutual Fund started offering mutual funds in India in the year 1996 after it officially registered itself with the Securities and Exchange Board of India (SEBI) with L&T Finance Holdings as its sponsor and L&T Mutual Fund Trustee Limited as its trustee company. The fund houses’s total assets under management touched Rs 58,361.93 crore as of the end of June 2020.

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Frequently Asked Questions

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Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 4.81 Lakhs in a period of 20 years
Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns