MF Gyan
debtLow risk12 years oldSteady vs its 3-year pace

L&T Resurgent India Bond Fund - Direct Plan - Growth

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From L&T Mutual Fund. It's been running since 4 Feb 2015.

Latest price per unit
₹17.9619
▲ 0.12% today
As of 24 Nov 2022 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.03 L
▲ ₹3.2k gain · 3.2% / year
Invested 3 years ago
₹1.21 L
▲ ₹21.1k gain · 6.6% / year
Invested 5 years ago
₹1.37 L
▲ ₹37.2k gain · 6.5% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.95 L
Gain / loss+₹15.4k
XIRR (annualised)5.46%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.96 L
Projected gain*+₹16.0k
*at this fund's historical rate of 5.46% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 62 other funds in Debt Scheme - Medium Duration Fund

Same plan
1-year return
3.24%median 6.19% (-2.95%)
Rank #31 of 63Beats 44% of peers
3-year return
6.58%median 2.64% (+3.94%)
Rank #11 of 63Beats 67% of peers
5-year return
6.52%median 2.45% (+4.08%)
Rank #9 of 63Beats 68% of peers
Bumpiness (3Y)
2.89%median 7.30% (-4.40%)
Rank #20 of 63Less risky than 65% of peers
Worst-ever drop
-3.49%median -14.97% (+11.48%)
Rank #46 of 63Less risky than 20% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 7 of last 7 years were positive.

+12%
2016
+7%
2017
+5%
2018
+8%
2019
+11%
2020
+5%
2021
+3%
2022
Best year
2016 · 11.67%
Worst year
2022 · 2.91%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
2.9%

The value swings roughly 3% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-3.49%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of L&T Resurgent India Bond Fund - Direct Plan - Growth against other debt funds.

Technical details (for the pros)
CAGR — 1 year3.24%
CAGR — 3 years6.58%
CAGR — 5 years6.52%
CAGR — since launch7.79%
Volatility — 1 year (annualised)1.63%
Volatility — 3 years (annualised)2.89%
Max drawdown — 1 year-1.86%
Max drawdown — 3 years-3.49%
Sharpe ratio — 1 year (rf=6%)-1.66
Sharpe ratio — 3 years (rf=6%)0.20

Fund info

Fund house
L&T Mutual Fund
Category
Debt Scheme - Medium Duration Fund
Plan
Direct
Option
Growth
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
133604
First price on record
4 Feb 2015 · 1,886 daily prices

About L&T Resurgent India Bond Fund - Direct Plan - Growth

L&T Resurgent India Bond Fund - Direct Plan - Growth is a Debt Scheme - Medium Duration Fund offered by L&T Mutual Fund under the Direct plan with the Growth option. It has approximately 12 years of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

The current NAV of L&T Resurgent India Bond Fund - Direct Plan - Growth is ₹17.9619 (as of 24 Nov 2022). Historically, it has delivered 3.24% over the last year, 6.58% CAGR over 3 years, 6.52% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 2.9% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 3.5%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of L&T Resurgent India Bond Fund - Direct Plan - Growth?+

The latest NAV of L&T Resurgent India Bond Fund - Direct Plan - Growth is ₹17.9619 as of 24 Nov 2022, up 0.12% from the previous day. NAV is updated once a business day after the market close.

What are the returns of L&T Resurgent India Bond Fund - Direct Plan - Growth?+

L&T Resurgent India Bond Fund - Direct Plan - Growth has delivered 1-year return 3.24%, 3-year CAGR 6.58%, 5-year CAGR 6.52%, since-inception CAGR 7.79%. Returns are historical and don't predict future performance — markets move in cycles.

What category does L&T Resurgent India Bond Fund - Direct Plan - Growth belong to?+

L&T Resurgent India Bond Fund - Direct Plan - Growth is categorised as Debt Scheme - Medium Duration Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is L&T Resurgent India Bond Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 2.9%, L&T Resurgent India Bond Fund - Direct Plan - Growth sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is L&T Resurgent India Bond Fund - Direct Plan - Growth a direct plan?+

L&T Resurgent India Bond Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is L&T Resurgent India Bond Fund - Direct Plan - Growth?+

L&T Resurgent India Bond Fund - Direct Plan - Growth has NAV history available from 4 Feb 2015 — approximately 12 years of track record and 1,886 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.