L&T Low Duration 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 Low Duration Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹1,018 Cr and the Latest NAV as of 22 Aug 2019 is ₹20.6.
The L&T Low Duration Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 10000. Exit load of 1% if redeemed within 3 months for investments more than 10% of the units purchased..
Investment Objective
The investment objective of the Scheme is to generate reasonable returns primarily through investments in fixed income securities and money market instruments. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.
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 redeemed within 3 months for investments more than 10% of the units purchased.
Exit Load