L& T mutual fund is rated as the most conservative valuable mutual fund in the industry, people challenging the fd rates with the mutual fund returns get an answer on seeing the past performance of this fund.
People tend to get moulded towards this mutual fund which has given approx 14% p.a returns with the capital protection infact if we go little towards its aggressiveness that is L& T tax advantage fund of 3 years lock in, it has given returns upto 24% p.a
A very conservative mutual fund best suited for conservative investors mostly senior citizens and non aggressive ones.