About L&T Flexi Bond Fund Direct - Dividend Monthly Payout
L&T Flexi Bond 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 ₹58.72 Crores and the latest NAV decalared is ₹13.189 as on 18 Feb 2020 at 11:00 pm.
L&T Flexi Bond Fund Direct - Dividend Monthly Payout scheme return performance in last 1 year is 12.39%, in last 3 years is 26.53% and 89.23% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
The scheme aims to generate reasonable returns through a diversified portfolio of fixed income securities. The average maturity profile of the portfolio of the scheme is likely to be up to 4 years and it may, subject to applicable regulations, invest in offshore securities up to 25% of its assets.