About L&T Gilt Fund Direct - Dividend Quarterly Payout
L&T Gilt Fund Direct - Dividend Quarterly 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 ₹252.75 Crores and the latest NAV decalared is ₹13.656 as on 14 Jul 2020 at 3:28 pm.
L&T Gilt Fund Direct - Dividend Quarterly Payout scheme return performance in last 1 year is 11.32%, in last 3 years is 28.56% and 115.73% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
The fund seeks to generate returns from a portfolio that is free from credit risk and invests in gilt securities with medium to long term residual maturity, with the average maturity of the portfolio normally not exceeding 12 years.