About L&T Flexi Bond Fund Direct-Growth
L&T Flexi Bond 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 ₹57.85 Crores and the latest NAV decalared is ₹22.057 as on 18 Oct 2019 at 9:25 pm.
L&T Flexi Bond Fund Direct-Growth scheme return performance in last 1 year is 12.89%, in last 3 years is 23.98% and 82.64% 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.