L&T Short Term Bond Fund Direct Dividend is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Shriram Ramanathan, Jalpan Shah is the Current Fund Manager of L&T Short Term Bond Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹4,330 Cr and the Latest NAV as of 18 Oct 2019 is ₹11.57.
The L&T Short Term Bond Fund Direct Dividend is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 10000. Nil.
The investment objective of the Scheme is to generate returns for investors with a short-term investment horizon by investing in fixed income securities of shorter term maturity.
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