|Min SIP Amount||₹1000|
|NAV||₹21.02 (03 Jul 2020)|
|Fund Started||04 Dec 2010|
|Fund Size||₹427 Cr|
|HPCL Mittal Energy Ltd.||Energy||Debenture||8.4%|
|Aditya Birla Fashion and Retail Ltd.||Services||Debenture||6.1%|
|National Highways Authority of India Ltd.||Services||NCD||6.1%|
|Reliance Retail Ltd.||Services||Securitised Debt||6.0%|
|Bharti Telecom Ltd.||Communication||Debenture||5.9%|
|Jhajjar Power Ltd.||Engineering||Debenture||5.9%|
|Tata Power Renewable Energy Ltd.||Engineering||SO||5.8%|
|IIFL Home Finance Ltd.||Financial||Debenture||5.3%|
|Sikka Ports and Terminals Ltd.||Energy||Debenture||4.1%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||3.7%|
L&T Low Duration Fund Growth is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 04 Dec 2010. Shriram Ramanathan, Vikas Garg is the Current Fund Manager of L&T Low Duration Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹427 Cr and the Latest NAV as of 03 Jul 2020 is ₹21.02.
The L&T Low Duration Fund Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000. Exit load of 1% if redeemed within 3 months for investments more than 10% of the units purchased.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.