|Min SIP Amount||₹1000|
|NAV||₹12.01 (29 Oct 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹4,374 Cr|
|National Bank For Agriculture & Rural Development||Financial||Debenture||5.5%|
|National Thermal Power Corp. Ltd.||Energy||NCD||5.3%|
|Indian Railway Finance Corpn. Ltd.||Financial||Debenture||4.3%|
|National Highways Authority of India Ltd.||Services||Bonds||4.3%|
|National Highways Authority of India Ltd.||Services||NCD||3.7%|
L&T Short Term Bond Fund Direct Dividend is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Shriram Ramanathan, Jalpan Shah is the Current Fund Manager of L&T Short Term Bond Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹4,374 Cr and the Latest NAV as of 29 Oct 2020 is ₹12.01.
The L&T Short Term Bond Fund Direct Dividend is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000.
The scheme seeks to generate returns by investing in debt, government 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.