|Min SIP Amount||Not Supported|
|NAV||₹10.22 (12 May 2021)|
|Fund Started||08 Oct 2009|
|Fund Size||₹223 Cr|
L&T Credit Risk Fund IDCW 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 IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹223 Cr and the Latest NAV as of 12 May 2021 is ₹10.22.
The L&T Credit Risk Fund IDCW 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 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.