| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.44% |
| NAV | ₹15.31 (23 Oct 2020) |
|---|---|
| Fund Started | 30 Jun 2014 |
| Fund Size | ₹1,417 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| L&T Liquid Plan Direct-Growth | Financial | Mutual Fund | 12.1% |
| HDFC Bank Ltd. | Financial | Fixed Deposits | 8.8% |
| Bharti Airtel Ltd. | Communication | Equity | 6.2% |
| ICICI Bank Ltd. | Financial | Equity | 5.7% |
| ICICI Bank Ltd. | Financial | Fixed Deposits | 5.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.7% |
| Reliance Industries Ltd. | Energy | Equity | 4.5% |
| Axis Bank Ltd. | Financial | Equity | 3.1% |
| State Bank of India | Financial | Equity | 3.1% |
| Tata Consumer Products Ltd. | FMCG | Equity | 2.5% |
L&T Arbitrage Opportunities Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 30 Jun 2014. Venugopal Manghat, Praveen Ayathan, Karan Desai is the Current Fund Manager of L&T Arbitrage Opportunities Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,417 Cr and the Latest NAV as of 23 Oct 2020 is ₹15.31.
The L&T Arbitrage Opportunities Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 0.50% if redeemed within 1 month
The scheme seeks to generate reasonable returns by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.