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L&T Banking and PSU Debt Fund IDCW Monthly0.00%

7.60%
1 Year Return
Debt
Banking & PSU
3.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Banking and PSU Debt Fund IDCW Monthly

RiskModerate
Min SIP AmountNot Supported
Expense Ratio0.61%
NAV₹11.34 (12 May 2021)
Fund Started20 Sep 2007
Fund Size4,776 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
7.6%
8.4%
8.0%
8.2%
Category Average
8.0%
8.3%
7.9%
-
Rank Within Category
9
11
-
-
*All returns are annualized.
SIP
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 7.6% returns per annum

Comparison

Data not available
Pros
1. Exit load is zero
2. 1Y Returns are higher than the category average returns
Cons
Found nothing so far.

Fund Managers

Shriram Ramanathan
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Jalpan Shah
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L&T Banking and PSU Debt Fund IDCW Monthly Details

L&T Banking and PSU Debt Fund IDCW Monthly is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 20 Sep 2007. Shriram Ramanathan, Jalpan Shah is the Current Fund Manager of L&T Banking and PSU Debt Fund IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹4,776 Cr and the Latest NAV as of 12 May 2021 is ₹11.34.

The L&T Banking and PSU Debt Fund IDCW Monthly is rated Moderate risk. Minimum SIP Investment is set to 1000.

Investment Objective

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.

Tax Implications

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Nil
Exit Load

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About L&T Mutual Fund

Address
6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
Phone
022-66554000
Launch Date
03 Jan 1997
L&T Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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