L&T Flexi Bond Fund Direct Plan Growth Option - Regular - Latest NAV [ ₹24.9618 ], Returns, Performance, Portfolio & Returns 2021

L&T Flexi Bond Fund Direct Plan Growth Option

  • highlight
    7.78%
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    (+0.01)24.9618

Min amount: ₹1,000

Calculate Returns

20 yrs
₹1,000 invested monthly becomes
0 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years7.78%
3 Years8.85%
1 Year3%
6 Months0.56%
Fund Details
ISININF917K01HA0
RiskModerate Risk
Fund TypeDynamic Bond
NAV24.9618
Exit Load0.5% for 365 Days

More about this fundstar

Top HoldingsWeightage
7.17% Govt Stock 202824.97%
5.22% GOI 202522.82%
(A) Tri Party Repo Dealing System (Treps)/Reverse Repo15.72%
(B) Net Receivables/(Payables)8.24%
Indian Railway Finance Corporation Limited8.12%
Housing Development Finance Corporation Limited7.82%
National Bank For Agriculture And Rural Development7.55%
6.45% Govt Stock 20293.92%
7.68% Govt Stock 20230.82%

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.

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Frequently Asked Questions

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Min amount: ₹1,000

Calculate Returns

20 yrs
₹1,000 invested monthly becomes
0 in a period of 20 years
Moderate Risk

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