About L&T Banking and PSU Debt Fund Direct-Growth
L&T Banking and PSU Debt Fund Direct-Growth 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 ₹1,487.77 Crores and the latest NAV decalared is ₹17.832 as on 18 Oct 2019 at 9:25 pm.
L&T Banking and PSU Debt Fund Direct-Growth scheme return performance in last 1 year is 9.86%, in last 3 years is 24.52% and 73.88% 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.