|Min SIP Amount||Not Supported|
|NAV||₹11.16 (12 Apr 2021)|
|Fund Started||20 Mar 2015|
|Fund Size||₹227 Cr|
L&T Credit Risk Fund IDCW Yearly is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 20 Mar 2015. Shriram Ramanathan, Vikas Garg is the Current Fund Manager of L&T Credit Risk Fund IDCW Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹227 Cr and the Latest NAV as of 12 Apr 2021 is ₹11.16.
The L&T Credit Risk Fund IDCW Yearly is rated Moderate risk. Minimum SIP Investment is set to 1000. Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year
The scheme seeks to generate regular returns and capital appreciation by investing predominantly in AA and below rated corporate bonds, debt, government securities and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.