|Min SIP Amount||₹500|
|NAV||₹24.02 (15 Apr 2021)|
|Fund Started||12 May 2014|
|Fund Size||₹5,774 Cr|
|KPR Mills Ltd.||Textiles||Equity||3.9%|
|Deepak Nitrite Ltd.||Chemicals||Equity||3.9%|
|Persistent Systems Ltd.||Technology||Equity||3.5%|
|Grindwell Norton Ltd.||Metals||Equity||2.9%|
|Balrampur Chini Mills Ltd.||FMCG||Equity||2.6%|
|Suven Pharmaceutical Ltd.||Healthcare||Equity||2.2%|
|Amber Enterprises India Ltd.||Cons Durable||Equity||2.1%|
|Ratnamani Metals & Tubes Ltd.||Metals||Equity||2.1%|
|Sonata Software Ltd.||Technology||Equity||2.1%|
L&T Emerging Businesses Fund Direct IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹5,774 Cr and the Latest NAV as of 15 Apr 2021 is ₹24.02.
The L&T Emerging Businesses Fund Direct IDCW is rated Very 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.
The Scheme will primarily be a diversified equity fund which will invest predominantly in small cap stocks to generate long term capital appreciation.
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.