L&T Cash Fund Direct Dividend daily is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Shriram Ramanathan, Jalpan Shah is the Current Fund Manager of L&T Cash Fund Direct Dividend daily.The fund currently has an Asset Under Management(AUM) of ₹609 Cr and the Latest NAV as of 18 Oct 2019 is ₹1023.30.
The L&T Cash Fund Direct Dividend daily is rated Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 10000. Nil.
To deliver reasonable returns with lower volatility and higher liquidity through a portfolio of debt and money market instruments.
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)
Min for First Investment
Min for Second Investment