|Min SIP Amount||₹500|
|NAV||₹17.13 (30 Oct 2020)|
|Fund Started||12 May 2014|
|Fund Size||₹5,419 Cr|
|Persistent Systems Ltd.||Technology||Equity||5.0%|
|Suven Pharmaceutical Ltd.||Healthcare||Equity||2.7%|
|Deepak Nitrite Ltd.||Chemicals||Equity||2.6%|
|KPR Mills Ltd.||Textiles||Equity||2.5%|
|VST Industries Ltd.||FMCG||Equity||2.5%|
|Ipca Laboratories Ltd.||Healthcare||Equity||2.5%|
|Navin Fluorine International Ltd.||Chemicals||Equity||2.2%|
|Tube Investments Of India Ltd.||Automobile||Equity||2.1%|
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 ₹5,419 Cr and the Latest NAV as of 30 Oct 2020 is ₹17.13.
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.
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.