|Min SIP Amount||Not Supported|
|NAV||₹11.38 (25 Jan 2021)|
|Fund Started||25 Apr 2017|
|Fund Size||₹1,248 Cr|
|Reserve Bank of India||Financial||T-Bills||8.0%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||4.2%|
|Aditya Birla Finance Ltd.||Financial||Debenture||4.2%|
|Axis Bank Ltd.||Financial||CD||3.9%|
|Export-Import Bank Of India||Financial||CD||3.9%|
|Sikka Ports and Terminals Ltd.||Energy||Debenture||3.5%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||3.3%|
|Sundaram Finance Ltd.||Financial||NCD||3.0%|
|LIC Housing Finance Ltd.||Financial||NCD||3.0%|
L&T Low Duration Fund Direct Dividend Yearly is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 25 Apr 2017. Shriram Ramanathan, Vikas Garg is the Current Fund Manager of L&T Low Duration Fund Direct Dividend Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹1,248 Cr and the Latest NAV as of 25 Jan 2021 is ₹11.38.
The L&T Low Duration Fund Direct Dividend Yearly is rated Moderate risk. Minimum SIP Investment is set to 1000.
The scheme aims to generate reasonable returns primarily through investments in fixed income securities 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.