About L&T Credit Risk Fund Direct-Dividend Yearly Payout
L&T Credit Risk Fund Direct-Dividend Yearly Payout is a Debt
mutual fund scheme from L&T Mutual Fund
. This scheme was launched on 19 Mar 2015 and is currently managed by its fund managers Vikas Garg
and Shriram Ramanathan
. It has an AUM of ₹2,206.81 Crores and the latest NAV decalared is ₹11.361 as on 18 Oct 2019 at 9:25 pm.
L&T Credit Risk Fund Direct-Dividend Yearly Payout scheme return performance in last 1 year is 3.15%, in last 3 years is 17.44% and 31.47% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
The scheme seeks to generate regular returns and capital appreciation by investing predominantly in AA and below rated corporate bonds, debt, government securities and money market instruments.