About L&T Gilt Fund Direct-Growth
L&T Gilt 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 ₹127.34 Crores and the latest NAV decalared is ₹51.942 as on 05 Dec 2019 at 10:40 pm.
L&T Gilt Fund Direct-Growth scheme return performance in last 1 year is 11.21%, in last 3 years is 17.61% and 96.41% 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.