|Min SIP Amount||₹1000|
|NAV||₹13.34 (25 Sep 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹58 Cr|
L&T Flexi Bond Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Shriram Ramanathan, Jalpan Shah is the Current Fund Manager of L&T Flexi Bond Fund Direct Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹58 Cr and the Latest NAV as of 25 Sep 2020 is ₹13.34.
The L&T Flexi Bond Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000. 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.