Fund Details
L&T Flexi Bond Fund Direct Dividend Yearly
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.90% |
| NAV | ₹12.15 (25 Jan 2021) |
|---|---|
| Fund Started | 05 Nov 2016 |
| Fund Size | ₹63 Cr |
Returns
Comparison
1. Lower expense ratio - 0.96%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 35.5% |
| GOI | Sovereign | GOI Sec | 17.1% |
| GOI | Sovereign | GOI Sec | 16.1% |
| GOI | Sovereign | GOI Sec | 4.2% |
| GOI | Sovereign | GOI Sec | 0.9% |
Fund Managers
L&T Flexi Bond Fund Direct Dividend Yearly Details
L&T Flexi Bond Fund Direct Dividend Yearly is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 05 Nov 2016. Shriram Ramanathan, Jalpan Shah is the Current Fund Manager of L&T Flexi Bond Fund Direct Dividend Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹63 Cr and the Latest NAV as of 25 Jan 2021 is ₹12.15.
The L&T Flexi Bond Fund Direct Dividend Yearly is rated Moderate risk. Minimum SIP Investment is set to 1000. Exit load of 0.50% if redeemed within 1 year
Investment Objective
The scheme aims to generate reasonable returns through a diversified portfolio of fixed income securities. The average maturity profile of the portfolio of the scheme is likely to be up to 4 years and it may, subject to applicable regulations, invest in offshore securities up to 25% of its assets.
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.
