L&T Gilt Fund Direct Growth 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 Gilt Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹128 Cr and the Latest NAV as of 18 Oct 2019 is ₹51.77.
The L&T Gilt Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 10000. Nil.
To generate returns from a portfolio which is free from credit risk. The portfolio will comprise of Gilts with medium to long term maturity, ideally longer than one year.
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)
Min for First Investment
Min for Second Investment