| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.21% |
| NAV | ₹11.72 (02 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹4,029 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| National Thermal Power Corp. Ltd. | Energy | Debenture | 8.0% |
| Indian Oil Corpn. Ltd. | Energy | Debenture | 6.9% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 6.3% |
| National Housing Bank | Financial | Debenture | 6.2% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 5.3% |
| State Bank of India | Financial | Debenture | 5.0% |
| Export-Import Bank Of India | Financial | CD | 4.6% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 4.6% |
| HDFC Bank Ltd. | Financial | Bonds | 3.8% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 3.2% |
L&T Banking and PSU Debt Fund Direct Dividend Monthly 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 Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹4,029 Cr and the Latest NAV as of 02 Jul 2020 is ₹11.72.
The L&T Banking and PSU Debt Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000.
To generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs) in India.There is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.