L&T Credit Risk Fund Direct Plan Growth
- 6.48%
- (--0.01)23.1978
Min amount: ₹1,000
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Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | -- |
| 5 Years | 6.48% |
| 3 Years | 4.78% |
| 1 Year | 3.72% |
| 6 Months | 3.22% |
| Fund Details | |
|---|---|
| ISIN | INF917K01UH8 |
| Risk | |
| Fund Type | Credit Risk |
| NAV | 23.1978 |
| Exit Load | 1% for 365 Days |
More about this fund
| Top Holdings | Weightage |
|---|---|
| 6.18% Govt Stock 2024 | 14.27% |
| Coastal Gujarat Power Limited | 6.88% |
| 5.77% GOI 2030 | 6.43% |
| India Infoline Housing Finance Limited | 6.27% |
| Hinduja Leyland Finance Limited | 4.97% |
| Hindalco Industries Limited | 4.69% |
| National Bank For Agriculture and Rural Development | 4.58% |
| Manappuram Finance Limited | 4.39% |
| Bank of Baroda | 4.38% |
| Tata Projects Limited | 4.37% |
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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Min amount: ₹1,000
Calculate Returns
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