|Min SIP Amount||Not Supported|
|NAV||₹11.49 (29 Oct 2020)|
|Fund Started||30 Aug 2006|
|Fund Size||₹59 Cr|
L&T Flexi Bond Fund Dividend Monthly is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 30 Aug 2006. Shriram Ramanathan, Jalpan Shah is the Current Fund Manager of L&T Flexi Bond Fund Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹59 Cr and the Latest NAV as of 29 Oct 2020 is ₹11.49.
The L&T Flexi Bond Fund Dividend Monthly 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.