L&T Flexi Bond Fund Direct Dividend Monthly 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 Flexi Bond Fund Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹59 Cr and the Latest NAV as of 16 Jan 2020 is ₹12.99.
The L&T Flexi Bond Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 10000. 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)
₹10000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 0.50% if redeemed within 1 year
Exit Load