L&T Cash Fund Direct Growth 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 Growth.The fund currently has an Asset Under Management(AUM) of ₹385 Cr and the Latest NAV as of 20 Sep 2019 is ₹1520.25.
The L&T Cash Fund Direct Growth is rated Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 10000. Nil.
Investment Objective
To deliver reasonable returns with lower volatility and higher liquidity through a portfolio of debt and money market instruments.
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)
₹10000
Min for First Investment
₹1000
Min for Second Investment