L&T Equity Fund Direct Growth-0.17%

2Groww
7.82%
1 Year Return
Equity
Multi Cap
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

L&T Equity Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.46%
NAV84.64 (22 Oct 2019)
Fund Started01 Jan 2013
Fund Size2,643 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Equity Fund Direct Growth
7.8%
6.8%
8.6%
12.4%
Category Average
-2.1%
5.9%
5.1%
-
Rank within category
34
31
26
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 7.8% annual returns

    Comparison

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

    Top Holdings

    NameSectorInstrument% Assets
    ICICI Bank Ltd.FinancialEquity8.2%
    HDFC Bank Ltd.FinancialEquity7.5%
    Larsen & Toubro Ltd.ConstructionEquity6.5%
    Tata Consultancy Services Ltd.TechnologyEquity4.7%
    Kotak Mahindra Bank Ltd.FinancialEquity4.5%
    Reliance Industries Ltd.EnergyEquity3.9%
    Infosys Ltd.TechnologyEquity3.6%
    Housing Development Finance Corpn. Ltd.FinancialEquity3.2%
    Bharti Airtel Ltd.CommunicationEquity2.9%
    Axis Bank Ltd.FinancialEquity2.9%
    See All

    Fund Managers

    addSoumendra Nath Lahiri
    Education
    Mr. Lahiri is a B.Tech and PGDM from IIM Bangalore.
    Experience
    Prior to joining L&T Mutual Fund he has worked with Canara Robeco AMC Co. Ltd., Emkay Investment Managers Ltd, Fortuna Capital, DSP Mutual Fund.
    Funds Managed
    addKaran Desai
    Education
    Mr. Desai has done Bcom from Mumbai University and Msc Investments from University of Birmingham.
    Experience
    Prior to this he was working with L&TInvestment Management,HNI & Institutional and Accounts & Taxation
    Funds Managed
    add
    Education
    Experience
    Funds Managed

    Other Details

    L&T Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Soumendra Nath Lahiri, Karan Desai is the Current Fund Manager of L&T Equity Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹2,643 Cr and the Latest NAV as of 22 Oct 2019 is ₹84.64.

    The L&T Equity Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 1 year..

    Investment Objective

    To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

    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
    For units in excess of 10% of the investment,1% will be charged for redemption 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
    02 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,
    Invest Now
    Enter investment amount
    + ₹1,000
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
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