|NAV: 17 May 2022||₹19.46|
|Min. SIP amount||₹500|
|Rank with in category||21||16||9||NA|
|State Bank of India||Financial||Equity||3.8%|
|Reliance Industries Ltd.||Energy||Equity||3.6%|
|Sun Pharmaceutical Industries Ltd.||Healthcare||Equity||2.8%|
HDFC Bank Ltd.
|Tata Steel Ltd.||Metals & Mining||Equity||2.0%|
Inclusive of GST
Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year
0.005% (from July 1st, 2020)
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.
|Min. for 1st investment||₹5,000|
|Min. for 2nd investment onwards||₹1,000|
|Min. for SIP||₹500|
You can easily invest in L&T Balanced Advantage Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
The L&T Balanced Advantage Fund Direct IDCW has been there from 01 Jan 2013 and the average annual returns provided by this fund is 4.43% since its inception.
Expense Ratio used for L&T Balanced Advantage Fund Direct IDCW or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of L&T Balanced Advantage Fund Direct IDCW is 0.70% as of 18 May 2022...
If you want to sell your L&T Balanced Advantage Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
The NAV of L&T Balanced Advantage Fund Direct IDCW is ₹19.46 as of 17 May 2022.