|Min SIP Amount||₹1000|
|NAV||₹11.69 (12 May 2021)|
|Fund Started||02 Feb 2015|
|Fund Size||₹756 Cr|
L&T Resurgent India Bond Fund Direct IDCW is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 02 Feb 2015. Shriram Ramanathan, Vikas Garg is the Current Fund Manager of L&T Resurgent India Bond Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹756 Cr and the Latest NAV as of 12 May 2021 is ₹11.69.
The L&T Resurgent India Bond Fund Direct IDCW is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 90 Days.
The scheme seek to generate income by investing primarily in debt 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.