About L&T Banking and PSU Debt Fund Direct - Dividend Daily Reinvestment
L&T Banking and PSU Debt Fund Direct - Dividend Daily Reinvestment is a Debt
mutual fund scheme from L&T Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Jalpan Shah
and Shriram Ramanathan
. It has an AUM of ₹4,029.32 Crores and the latest NAV decalared is ₹11.169 as on 06 Jul 2020 at 2:31 am.
L&T Banking and PSU Debt Fund Direct - Dividend Daily Reinvestment scheme return performance in last 1 year is 12.87%, in last 3 years is 29.10% and 29.93% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
The scheme aims to generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings and Public Financial Institutions in India.