L&T Credit Risk Fund Dividend Monthly is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 08 Oct 2009. Shriram Ramanathan, Vikas Garg is the Current Fund Manager of L&T Credit Risk Fund Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹583 Cr and the Latest NAV as of 27 May 2020 is ₹9.85.
The L&T Credit Risk Fund Dividend Monthly 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 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