L&T Mutual Fund has launched L&T FMP-II (January15M A), a close-ended income scheme.
The investment objective of the scheme would be to achieve growth of capital through investments made in a basket of debt/fixed income securities maturing on or before the maturity of the scheme.
The minimum investment amount is Rs5,000. Tenor of the scheme is 15 months.
CRISIL Short Term Bond Fund Index is the benchmark index. Bekxy Kuriakose is the fund manager.
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