|Min SIP Amount||₹500|
|NAV||₹25.36 (10 Jul 2020)|
|Fund Started||16 May 2005|
|Fund Size||₹2,189 Cr|
|Reliance Industries Ltd.||Energy||Equity||5.8%|
|HDFC Bank Ltd.||Financial||Equity||5.7%|
|Tata Consultancy Services Ltd.||Technology||Equity||4.3%|
|Bharti Airtel Ltd.||Communication||Equity||4.3%|
|HCL Technologies Ltd.||Technology||Equity||4.0%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.4%|
|Dishman Carbogen Amcis Ltd.||Healthcare||Equity||2.8%|
|Avenue Supermarts Ltd.||Services||Equity||2.8%|
L&T Equity Fund Dividend is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 16 May 2005. Soumendra Nath Lahiri, Karan Desai is the Current Fund Manager of L&T Equity Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹2,189 Cr and the Latest NAV as of 10 Jul 2020 is ₹25.36.
The L&T Equity Fund Dividend is rated Moderately 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 growth from a diversified portfolio of predominantly equity and equity-related securities.
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.