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L&T Balanced Advantage Fund Direct Dividend-0.33%

14.15%
1 Year Return
Hybrid
Balanced Advantage
5.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Balanced Advantage Fund Direct Dividend

RiskModerate
Min SIP Amount₹500
Expense Ratio0.83%
NAV₹19.79 (22 Jan 2021)
Fund Started01 Jan 2013
Fund Size1,055 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
14.2%
8.9%
9.9%
12.6%
Category Average
12.6%
6.7%
9.4%
-
Rank Within Category
13
7
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 14.2% returns per annum

Comparison

Data not available
Pros
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
Cons
1. Risk-adjusted returns are lower compared to the category

Top Holdings

NameSectorInstrument% Assets
L&T Liquid Plan Direct-GrowthFinancialMutual Fund7.6%
ICICI Bank Ltd.FinancialEquity5.3%
Adani Ports and Special Economic Zone Ltd.ServicesEquity5.2%
GOISovereignGOI Sec5.0%
Reliance Industries Ltd.EnergyEquity4.9%
Bharti Airtel Ltd.CommunicationEquity4.8%
HDFC Bank Ltd.FinancialFixed Deposits4.4%
Export-Import Bank Of IndiaFinancialBonds2.7%
National Highways Authority of India Ltd.ServicesDebenture2.6%
Indian Railway Finance Corpn. Ltd.FinancialDebenture2.6%
See All

Fund Managers

Venugopal Manghat
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Soumendra Nath Lahiri
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Jalpan Shah
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Vihang Naik
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L&T Balanced Advantage Fund Direct Dividend Details

L&T Balanced Advantage Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Soumendra Nath Lahiri, Jalpan Shah, Praveen Ayathan is the Current Fund Manager of L&T Balanced Advantage Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,055 Cr and the Latest NAV as of 22 Jan 2021 is ₹19.79.

The L&T Balanced Advantage Fund Direct Dividend is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year

Investment Objective

The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments arbitrage opportunities in the cash and derivative segments of the equity markets.

Tax Implications

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year
Exit Load

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About L&T Mutual Fund

Address
6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
Phone
022-66554000
Launch Date
03 Jan 1997
L&T Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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