| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.96% |
| NAV | ₹12.04 (29 Oct 2020) |
|---|---|
| Fund Started | 05 Nov 2016 |
| Fund Size | ₹59 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 27.6% |
| GOI | Sovereign | GOI Sec | 27.4% |
| GOI | Sovereign | GOI Sec | 18.9% |
| GOI | Sovereign | GOI Sec | 13.5% |
| GOI | Sovereign | GOI Sec | 9.3% |
| GOI | Sovereign | GOI Sec | 0.9% |
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 ₹59 Cr and the Latest NAV as of 29 Oct 2020 is ₹12.04.
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
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.