L&T Credit Risk 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, Vikas Garg is the Current Fund Manager of L&T Credit Risk Fund Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹1,981 Cr and the Latest NAV as of 05 Dec 2019 is ₹10.70.
The L&T Credit Risk Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 10000. 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 in debt (including securitised debt), government and money market securities.
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
Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year