|Min SIP Amount||₹1000|
|NAV||₹20.04 (21 Jan 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹5,707 Cr|
|National Thermal Power Corp. Ltd.||Energy||Debenture||5.5%|
|Indian Oil Corpn. Ltd.||Energy||Debenture||4.8%|
|National Housing Bank||Financial||Debenture||4.2%|
|State Bank of India||Financial||Debenture||3.6%|
|HDFC Bank Ltd.||Financial||Bonds||3.5%|
|Indian Railway Finance Corpn. Ltd.||Financial||Debenture||3.5%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||3.5%|
|Hindustan Petroleum Corpn. Ltd.||Energy||Debenture||3.5%|
L&T Banking and PSU Debt Fund Direct Growth is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Shriram Ramanathan, Jalpan Shah is the Current Fund Manager of L&T Banking and PSU Debt Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹5,707 Cr and the Latest NAV as of 21 Jan 2021 is ₹20.04.
The L&T Banking and PSU Debt Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000.
The scheme aims to generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings and Public Financial Institutions in India.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.