|Min SIP Amount||₹1000|
|NAV||₹58.87 (07 May 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹258 Cr|
L&T Gilt Fund Direct Growth 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 Gilt Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹258 Cr and the Latest NAV as of 07 May 2021 is ₹58.87.
The L&T Gilt Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000.
The fund seeks to generate returns from a portfolio that is free from credit risk and invests in gilt securities with medium to long term residual maturity, with the average maturity of the portfolio normally not exceeding 12 years.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.