Change in fundamental attributes of L&T Low Duration Fund
By News Desk | Jul 18, 2016
Name of the Scheme: The Scheme will be renamed as L&T Banking and PSU Debt Fund.
Investment Objective: The Investment Objective will be revised to seek to generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs) in India.
Benchmark Index: The Benchmark Index will be changed to CRISIL Short-Term Bond Fund Index.