L&T Gilt Funds - L&T Mutual Fund
 
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L&T Gilt Fund

L&T Gilt Fund - Fund Facts

Fund objective The investment objective of the Scheme will be to generate returns from a portfolio from investments in Government Securities.
Inception date 29-Mar-2000
Fund Managers Vikram Chopra
Benchmark index I-Sec Composite Index
SIP availability SIP is available in L&T Gilt Fund.
Options Investment Plan:
  • • Dividend
    (Reinvestment and Pay-out) - Quarterly Dividend
  • • Cumulative
The unitholders can also avail Systematic Appreciation Withdrawal Facility (SAWF) under the Cumulative option. All Plans/ Options have a common portfolio.
Minimum Investment A minimum of Rs. 10,000/- per application and in multiples of Re. 1/- thereafter
Entry Load NIL
In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors’ assessment of various factors including the service rendered by the distributor.
Exit Load Nil
Annual Recurring Expenses (w.e.f 1st October 2012) 1.50%
Annual Recurring Expenses for Direct Plan (w.e.f 2nd January 2013) 1.00%

L&T Gilt Fund - Overview

The L&T Gilt Fund aims to deliver G-sec linked returns by investing in securities issued by the central and state governments or in reverse repos of such securities, or in any security that is unconditionally guaranteed by the central or state governments. The fund manager will take into account the current economic environment while constructing and managing the portfolio to maximise longer term risk adjusted returns.

L&T Gilt Fund - Key Benefits

  • The fund is managed actively and tries to predict the likely direction of interest rates and position the portfolio accordingly.
  • Aims to Invests a minimum of 80% of its net assets in g-secs and t-bills.
  • Maximum portfolio maturity of the scheme shall not exceed 12 years.

L&T Gilt Fund - Features

Investment Style Details

Scheme Classification An Open Ended Dedicated Gilt (Government Securities) Scheme.
Investment Objective The investment objective of the Scheme will be to generate returns from a portfolio from investments in Government Securities.
This product is suitable for investors who are seeking* •Generation of returns over medium to long term
• Investment in Government Securities
• Medium risk       (YELLOW)

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Normal Asset Allocation

Government securities including Treasury Bills 80% - 100%
Money market instruments (including CBLO/reverse repos) 0% - 20%

Terms of issue

Minimum purchase amount A minimum of Rs. 10,000/- per application and in multiples of Re. 1/- thereafter
Minimum additional purchase amount A minimum of Rs. 1,000/- per application and in multiples of Re. 1/- thereafter
Minimum redemption amount/units A minimum of Rs. 500/- per application or 50 units.

Statutory

L&T Mutual Fund has been established as a trust under the Indian Trust Act, 1882 by L&T Finance Holdings Limited, Sponsor/ Settlor (liability restricted to the seed corpus of Rs. 1 lakh) with L&T Mutual Fund Trustee Limited as the Trustee Company and L&T lnvestment Management Limited as the Investment Manager.

Loads

Entry NIL
In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors’ assessment of various factors including the service rendered by the distributor.
Exit NIL

General Services

Investors can contact any of the ISCs at its toll-free number " 1800 2000 400 ". NAVs will be calculated and published on all Business Days. Purchase/Redemption on all Business Days.

Risk factors

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Note: Risk may be represented as:


Investors understand that their principal will be at Low risk   (BLUE)

Investors understand that their principal will be at Medium risk   (YELLOW)

Investors understand that their principal will be at High risk   (BROWN)

L&T Gilt Fund - How to Invest

To invest online

In case you require any more information on investing in the L&T Gilt Fund, please call our toll-free Investor Line on 1800 2000 400 between 9am to 6pm on any business day.

To invest offline

Click here to download the KIM and Application form.
Or
Contact your Relationship Manager at your bank, your adviser or your distributor for an application form.

Mutual Funds Investments are subject to market risks, read all schemes related documents carefully.

* Please note that your transaction(s) on 192.168.35.125:89 is/are subject to the Terms and Conditions mentioned herein. If you have completed the KYC formalities you will be able to conduct only purchase transactions till we receive and process your registration/linking form, accepted terms and conditions and other supporting documents - if applicable.

If you have not completed the KYC formalities, you will have only a "view" access till we receive and process your registration /linking form, accepted terms and conditions, KYC form and other supporting documents.

Contact us: 1800 2000 400 / 1800 4190 200 from 9am to 6pm, Monday to Friday.
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