|Min SIP Amount||₹1000|
|NAV||₹23.43 (16 Apr 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹227 Cr|
L&T Credit Risk 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, Vikas Garg is the Current Fund Manager of L&T Credit Risk Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹227 Cr and the Latest NAV as of 16 Apr 2021 is ₹23.43.
The L&T Credit Risk Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 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 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.