L&T Low Duration Fund Direct Plan Growth Option
Min amount: ₹1,000
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Risk||Low to Moderate Risk|
|Fund Type||Low Duration|
More about this fund
|8.08% Govt Stock 2022||7.98%|
|Indian Oil Corporation Limited||5.25%|
|182 DTB 15072021||4.95%|
|364 DTB 05082021||4.94%|
|Reliance Ports and Terminals Limited||4.34%|
|Small Industries Development Bank of India||4.28%|
|LIC Housing Finance Limited||3.7%|
|Tata Steel Limited||3.6%|
|Housing Development Finance Corporation Limited||3.53%|
|Aditya Birla Fashion and Retail Limited||2.91%|
About L&T Low Duration Fund - Direct Plan - Growth
The main intention of the scheme is to generate a considerable amount of returns in the form of both dividends and capital gains by investing primarily in fixed-income securities across both debt and money markets.
Pros and Cons of L&T Low Duration Fund - Direct Plan - Growth
The most significant advantage of investing in L&T Low Duration Fund - Direct Plan - Growth is that you gain exposure to a diversified portfolio consisting of a variety of fixed-income assets. This fund is suitable for those investors who do not like to take a high risk. On the flip side, the returns can be curtailed as equity exposure is minimal to nil.
Fund Information and Statistics
i) Inception/Launch Date
L&T Low Duration Fund - Direct Plan - Growth was launched on 1 January 2013.
ii) Risk Level
L&T Low Duration Fund - Direct Plan - Growth has been categorised under ‘moderately risky’ class of mutual funds.
Since L&T Low Duration Fund - Direct Plan - Growth is an open-ended mutual fund scheme, you can redeem your investment at any time.
iv) Fund Manager
Mr Jalpan Shah and Mr Shriram Ramanathan are the current fund managers of L&T Low Duration Fund - Direct Plan - Growth.
v) Entry/Exit load
There is no entry load in accordance with the norms of the Indian market regulator. To facilitate instant withdrawal and a high degree of liquidity, the fund house has not levied any exit load on L&T Low Duration Fund - Direct Plan - Growth.
About L&T Mutual Fund
L&T Mutual Fund came into the Indian mutual fund fore back in the year 1996 when it officially registered itself with the Securities and Exchange Board of India (SEBI) in April, with L&T Finance Holdings Limited as its sponsor and L&T Mutual Fund Trustee Limited as its trustee. As of June 2020, the fund house’s assets under management (AUM) amounted to touch Rs 58,361.93 crore.
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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