|Min SIP Amount||Not Supported|
|NAV||₹11.39 (14 May 2021)|
|Fund Started||05 Nov 2016|
|Fund Size||₹65 Cr|
L&T Flexi Bond Fund Direct IDCW 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 IDCW Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹65 Cr and the Latest NAV as of 14 May 2021 is ₹11.39.
The L&T Flexi Bond Fund Direct IDCW 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.