L&T Gilt Fund Growth is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 29 Mar 2000. Shriram Ramanathan, Jalpan Shah is the Current Fund Manager of L&T Gilt Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹127 Cr and the Latest NAV as of 15 Nov 2019 is ₹48.54.
The L&T Gilt Fund Growth is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 10000. Nil.
Investment Objective
To generate returns from a portfolio which is free from credit risk. The portfolio will comprise of Gilts with medium to long term maturity, ideally longer than one year.
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