Rating : ★ ★ ★ ☆ ☆

L&T Credit Risk Fund Retail Bonus

Debt

  

Credit Risk Fund

NAV

25.5867-0.0011

(as on 23 Feb, 2024)

RETURNS

5.54 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

2%

Asset Size

570.78 Cr.

(As of 31 Jan, 2024)

Benchmark

IISL NIFTY Credit Risk Bond Index TR INR

Riskometer

Investors understand that their principal will be at Moderate Risk.

Objective

To generate regular returns and capital appreciation by investing predominantly in AA and below rated corporate bonds, debt, government securities and money market instruments.There is no assurance that the investment objective of the scheme will be realized.

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Fund manager

Shriram Ramanathan

Exit load

1 %

(If redeemed within 365 days)

Minimum sip

₹0

Minimum investment

₹10000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

7.38% Govt Stock 2027

14.00%

IIFL Home Finance Limited

8.27%

JM Financial Products Limited

7.17%

Century Textiles And Industries Limited

7.15%

Sector Allocation

About the Scheme Type

Credit Risk Funds need to have at least 65% of their investmentin lower rated securities such as those having AA-, A+, A-, BBB, etc. The maturity period of these papers is usually 1 – 3 years, unlike long maturity bonds. The interest rates offered by such companies is higher and earning scope arises when their ratings go up, offering a benefit of capital gains. They, at times,pose as an attractive investment option as they have the potential to give 2 – 3% higher returns than risk-free papers.

Ratings

This fund is rated 3 stars by Morning Star Ratings.

★ ★ ★ ☆ ☆

Overview of L&T Investment Management Ltd

HSBC Mutual Fund’s mission is to work with clients to meet their investment objectives, by delivering investment expertise in a tailored way. To provide our clients with our best ideas and investment expertise as we collaborate with them to help them grow and protect their assets.

We, at HSBC Mutual Fund, deliver on our fiduciary responsibilities by managing risk as much as performance. We demonstrate our global investment expertise combined with strong governance as we collaborate with our clients, aiming to help them grow and protect their assets.

Doing the right thing for our clients is our most important responsibility. Global discipline, structure and focus help us use our resources optimally to ensure that all our clients benefit from our investment insights, and are given fair treatment. Client relationships are our greatest asset. We bring a global network of people, capital and ideas to help our clients tailor an investment strategy to meet their objectives.

HSBC Mutual Fund strives to anticipate and evaluate global market trends that may impact client objectives. Our investment framework is rigorous and repeatable, entailing:

  • A clear investment philosophy
  • A focus on longer-term valuations and risk-adjusted performance
  • In-depth research and analysis to support investment decisions
  • A global investment platform capturing insights and broader perspectives
  • Comprehensive portfolio construction and risk management tools