L&T Flexi Bond Fund Direct Plan Growth Option
- 8.48%
- (--0.02)24.5768
Min amount: ₹1,000
Calculate Returns
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
- FAQs
Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | -- |
| 5 Years | 8.48% |
| 3 Years | 8.49% |
| 1 Year | 7.35% |
| 6 Months | 0.24% |
| Fund Details | |
|---|---|
| ISIN | INF917K01HA0 |
| Risk | Moderate Risk |
| Fund Type | Dynamic Bond |
| NAV | 24.5768 |
| Exit Load | 0.5% for 365 Days |
More about this fund
| Top Holdings | Weightage |
|---|---|
| 7.17% Govt Stock 2028 | 31.07% |
| 6.79% Govt Stock 2027 | 24.16% |
| 6.45% Govt Stock 2029 | 3.94% |
| 7.68% Govt Stock 2023 | 0.83% |
About L&T Flexi Bond Fund - Direct Plan - Growth
The primary intention of L&T Flexi Bond Fund - Direct Plan - Growth is to create a considerable amount of returns through a portfolio constituted by top-performing fixed-income securities. The average maturity period of these securities is four years.
Pros and Cons of L&T Flexi Bond Fund - Direct Plan - Growth
The most significant advantage of investing in this fund is that you get exposure towards a well-diversified portfolio formed by several top-performing fixed-income assets across debt and money markets. The fund invests up to 25% of its portfolio in offshore securities. On the flip side, the returns may not be on the higher side due to minimal equity exposure.
Fund Information and Statistics
i) Inception/Launch Date
L&T Flexi Bond Fund - Direct Plan - Growth was launched on 1 January 2013.
ii) Risk Level
L&T Flexi Bond Fund - Direct Plan - Growth has been categorised under ‘moderately risky’ class of mutual funds by L&T Mutual Fund.
iii) Redemption
L&T Flexi Bond Fund - Direct Plan - Growth is an open-ended mutual fund scheme. Therefore, you can redeem your fund units at any time.
iv) Fund Manager
Mr Jalpan Shah and Mr Shriram Ramanathan are the current fund managers of L&T Flexi Bond Fund - Direct Plan - Growth.
v) Entry/Exit load
There is no entry load as per the regulations of the Indian market regulator. An exit load of 0.50% is levied on the units in excess of 10% is sold within a period of one year from the date of allocation.
About L&T Mutual Fund
L&T Mutual Fund is sponsored by L&T Finance Holdings Limited while its trustee company is L&T Mutual Fund Trustee Ltd. The fund house officially registered itself with the Indian securities markets watchdog in the year 1996, and that’s when it started offering mutual funds in the country. As of the end of June 2020, the assets under management of L&T Mutual Fund was Rs 58,261.03 crore.
Customer Reviews
" Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "
IT Developer, Bangalore" I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "
Software Engineer, Indore" Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "
Campus Manager, Bangalore
Invest Now in 3 Easy Steps
- 1
- 2
- 3
Why ClearTax Invest?
Our experts do all the research and offer only the BEST mutual funds- Trusted by Over 25 Lakh Indians
- Invest in just 5 minutes
- No paperwork required
- Simple and easy to use
Frequently Asked Questions
- Read More
Min amount: ₹1,000
Calculate Returns
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns