L&T Flexi Bond Fund Direct Dividend Yearly+0.09%

4
12.12%
1 Year Return
Debt
Dynamic
4.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Flexi Bond Fund Direct Dividend Yearly

RiskModerate
Min SIP AmountNot Supported
Expense Ratio0.96%
NAV11.84 (09 Jul 2020)
Fund Started05 Nov 2016
Fund Size61 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Flexi Bond Fund Direct Dividend Yearly
12.1%
9.1%
9.8%
9.7%
Category Average
9.8%
6.0%
7.7%
-
Rank within category
8
8
7
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 12.1% annual returns

    Comparison

    Data not available
    Pros
    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
    Cons
    1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec18.2%
    GOISovereignGOI Sec17.9%
    GOISovereignGOI Sec17.8%
    GOISovereignGOI Sec17.6%
    National Highways Authority of India Ltd.ServicesDebenture7.7%
    State Bank of IndiaFinancialDebenture7.0%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture4.6%
    GOISovereignGOI Sec4.3%
    GOISovereignGOI Sec0.9%

    Fund Managers

    addShriram Ramanathan
    Education
    Shriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA.
    Experience
    Prior to joining L&T Mutual Fund he has worked with FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T Ltd.
    Funds Managed
    addJalpan Shah
    Education
    Mr. Shah is a B.E. (Mechanical) and holds a PGDM.
    Experience
    Prior to joining L&T, he was associated with FIL Fund Management Private Limited (Dec 2007-Nov 2012), Lotus India Asset Management Company Private Limited (Sep 2007-Nov 2007) as a Research Analyst, UTI Asset Management Company Private Limited (July 2006-Aug 2007) as a Research Analyst and UTI Asset Management Company Private Limited(May 2004-June 2006) as a Sales & Marketing Manager.
    Funds Managed

    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 ₹61 Cr and the Latest NAV as of 09 Jul 2020 is ₹11.84.

    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

    To generate reasonable returns through a diversified portfolio of fixed income securities.

    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)

    Not Supported
    Min for First Investment
    Not Supported
    Min for Second Investment
    Exit load of 0.50% if redeemed within 1 year
    Exit Load

    Compare Funds

    L&T Flexi Bond Fund Direct Dividend Yearly
    VS
    search

    About L&T Mutual Fund

    Address
    6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
    Phone
    022-66554000
    Launch Date
    03 Jan 1997
    L&T Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Similar Funds
    Data not available