L&T Flexi Bond Fund Direct Dividend Monthly-0.09%

4Groww
12.73%
1 Year Return
Debt
Dynamic
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

L&T Flexi Bond Fund Direct Dividend Monthly

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.98%
NAV13.08 (21 Nov 2019)
Fund Started01 Jan 2013
Fund Size59 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Flexi Bond Fund Direct Dividend Monthly
12.7%
6.5%
9.5%
9.3%
Category Average
9.4%
6.0%
8.0%
-
Rank within category
10
8
8
-
*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 12.7% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio
    2. 1Y Returns are higher than the benchmark
    3. 3Y Returns are higher than the benchmark
    4. 5Y Returns are higher than the benchmark
    Cons
    1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec17.5%
    GOISovereignGOI Sec17.5%
    GOISovereignGOI Sec16.8%
    GOISovereignGOI Sec8.8%
    National Highways Authority of India Ltd.ServicesDebenture7.3%
    Export-Import Bank Of IndiaFinancialBonds7.2%
    Nuclear Power Corpn. Of India Ltd.EnergyDebenture7.1%
    State Bank of IndiaFinancialDebenture7.0%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture4.5%
    GOISovereignGOI Sec0.9%
    See All

    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

    Other Details

    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 21 Nov 2019 is ₹13.08.

    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

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    About L&T Mutual Fund

    Address
    6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
    Phone
    022-66554000
    Launch Date
    02 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,
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