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

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

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
₹11.4235
▲ 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
₹97.6k
▼ ₹2.4k loss · -2.4% / year
Invested 3 years ago
₹1.01 L
▲ ₹1.2k gain · 0.4% / year
Invested 5 years ago
₹1.02 L
▲ ₹2.2k gain · 0.4% / 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₹1.79 L
Gain / loss-₹1.2k
XIRR (annualised)-0.43%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.79 L
Projected gain*+-₹1.2k
*at this fund's historical rate of -0.43% 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
-2.44%median 6.19% (-8.62%)
Rank #46 of 63Beats 17% of peers
3-year return
0.40%median 5.42% (-5.02%)
Rank #22 of 63Beats 30% of peers
5-year return
0.44%median 3.30% (-2.86%)
Rank #19 of 63Beats 28% of peers
Bumpiness (3Y)
3.26%median 7.30% (-4.04%)
Rank #22 of 63Less risky than 61% of peers
Worst-ever drop
-4.13%median -14.97% (+10.84%)
Rank #44 of 63Less risky than 23% 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. 4 of last 7 years were positive.

+5%
2016
+0%
2017
-1%
2018
+3%
2019
+4%
2020
-1%
2021
-2%
2022
Best year
2016 · 4.87%
Worst year
2022 · -1.91%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
3.3%

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

Worst drop ever
-4.13%

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 - IDCW against other debt funds.

Technical details (for the pros)
CAGR — 1 year-2.44%
CAGR — 3 years0.40%
CAGR — 5 years0.44%
CAGR — since launch1.71%
Volatility — 1 year (annualised)2.26%
Volatility — 3 years (annualised)3.26%
Max drawdown — 1 year-3.48%
Max drawdown — 3 years-4.13%
Sharpe ratio — 1 year (rf=6%)-3.78
Sharpe ratio — 3 years (rf=6%)-1.73

Fund info

Fund house
L&T Mutual Fund
Category
Debt Scheme - Medium Duration Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
133606
First price on record
4 Feb 2015 · 1,886 daily prices

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

L&T Resurgent India Bond Fund - Direct Plan - IDCW is a Debt Scheme - Medium Duration Fund offered by L&T Mutual Fund under the Direct plan with the IDCW 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 - IDCW is ₹11.4235 (as of 24 Nov 2022). Historically, it has delivered -2.44% over the last year, 0.40% CAGR over 3 years, 0.44% 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 3.3% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 4.1%. 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 - IDCW?+

The latest NAV of L&T Resurgent India Bond Fund - Direct Plan - IDCW is ₹11.4235 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 - IDCW?+

L&T Resurgent India Bond Fund - Direct Plan - IDCW has delivered 1-year return -2.44%, 3-year CAGR 0.40%, 5-year CAGR 0.44%, since-inception CAGR 1.71%. Returns are historical and don't predict future performance — markets move in cycles.

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

L&T Resurgent India Bond Fund - Direct Plan - IDCW 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 - IDCW?+

Based on its 3-year annualised volatility of 3.3%, L&T Resurgent India Bond Fund - Direct Plan - IDCW 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 - IDCW a direct plan?+

L&T Resurgent India Bond Fund - Direct Plan - IDCW is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

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

L&T Resurgent India Bond Fund - Direct Plan - IDCW 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.