L&T Gilt Fund Direct Plan Growth
Min amount: ₹1,000
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Fund Type||Government Bond|
More about this fund
|6.79% Govt Stock 2027||24.17%|
|7.17% Govt Stock 2028||20.58%|
|7.26% Govt Stock 2029||20.29%|
|6.45% Govt Stock 2029||9.86%|
|6.19% Govt Stock 2034||0.27%|
About L&T Gilt Fund - Direct Plan - Growth
L&T Gilt Fund - Direct Plan - Growth intends to create returns by constituting a portfolio consisting of gilt assets such that the average maturity period of the fund does not exceed twelve years.
Pros and Cons of L&T Gilt Fund - Direct Plan - Growth
The most significant advantage of investing in this fund is that you get exposure to a well-diversified portfolio formed by gilt securities. This makes it suitable for risk-averse investors. On the flip side, the returns offered by this mutual fund plan can be curtailed as the fund’s exposure towards equities is minimal to nil.
Fund Information and Statistics
i) Inception/Launch Date
L&T Gilt Fund - Direct Plan - Growth was launched on 1 January 2013.
ii) Risk Level
L&T Gilt Fund - Direct Plan - Growth is clubbed under the ‘moderately risky’ category of mutual funds.
L&T Gilt Fund - Direct Plan - Growth is open-ended. Hence, you can redeem your fund units at any time.
iv) Fund Manager
L&T Gilt Fund - Direct Plan - Growth is currently being managed by Mr Jalpan Shah and Mr Shriram Ramanathan.
v) Entry/Exit load
There is no entry load as per the norms of the Indian markets supremo. There are no exit load charges as well in order to facilitate redemption at any time.
About L&T Mutual Fund
L&T Mutual Fund orderly registered itself with the Securities and Exchange Board of India (SEBI) in the year 1996 with L&T Finance Holdings as its sponsor and L&T Mutual Fund Trustee Limited as its trustee company. It is now one of the renowned fund houses in the country. Its assets under management (AUM) touched Rs 58,261.93 crore as of June 2020.
" 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
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
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