About L&T Banking and PSU Debt Fund Direct - Dividend Monthly Payout
L&T Banking and PSU Debt Fund Direct - Dividend Monthly Payout 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 ₹3,806.44 Crores and the latest NAV decalared is ₹11.796 as on 16 Jul 2020 at 6:42 pm.
L&T Banking and PSU Debt Fund Direct - Dividend Monthly Payout scheme return performance in last 1 year is 12.38%, in last 3 years is 29.06% and 90.69% 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.