L&T Credit Risk 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, Vikas Garg is the Current Fund Manager of L&T Credit Risk Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹2,207 Cr and the Latest NAV as of 18 Oct 2019 is ₹21.49.
The L&T Credit Risk Fund Direct Growth 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.
Investment Objective
The Scheme seeks to generate regular returns and capital appreciation by investing in debt (including securitised debt), government and money market securities.
Tax Implications
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)
₹10000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year
Exit Load