|Min SIP Amount||₹500|
|NAV||₹14.78 (09 Jul 2020)|
|Fund Started||12 May 2014|
|Fund Size||₹4,697 Cr|
|Mahanagar Gas Ltd.||Energy||Equity||3.7%|
|Sanofi India Ltd.||Healthcare||Equity||3.3%|
|Abbott India Ltd.||Healthcare||Equity||2.9%|
|Persistent Systems Ltd.||Technology||Equity||2.8%|
|VST Industries Ltd.||FMCG||Equity||2.8%|
|Ipca Laboratories Ltd.||Healthcare||Equity||2.2%|
|KPR Mills Ltd.||Textiles||Equity||2.2%|
|Navin Fluorine International Ltd.||Chemicals||Equity||2.1%|
|Finolex Industries Ltd.||Chemicals||Equity||2.0%|
L&T Emerging Businesses Fund Direct Dividend is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 12 May 2014. Soumendra Nath Lahiri, Karan Desai is the Current Fund Manager of L&T Emerging Businesses Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹4,697 Cr and the Latest NAV as of 09 Jul 2020 is ₹14.78.
The L&T Emerging Businesses Fund Direct Dividend is rated High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
To generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies (small cap stocks). The Scheme could also additionally invest in Foreign Securities. Emerging companies are businesses which are typically in the early stage of development and have the potential to grow their revenues and profits at a higher rate as compared to broader market. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.
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.