Fund Details
L&T Flexicap Fund IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.10% |
| NAV | ₹31.18 (22 Apr 2021) |
|---|---|
| Fund Started | 16 May 2005 |
| Fund Size | ₹2,611 Cr |
Returns
Comparison
1. Age is more than 10 years
1. 1Y Returns are lower than the category average returns
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
4. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 6.4% |
| ICICI Bank Ltd. | Financial | Equity | 5.8% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.0% |
| Reliance Industries Ltd. | Energy | Equity | 4.9% |
| HCL Technologies Ltd. | Technology | Equity | 4.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.2% |
| Infosys Ltd. | Technology | Equity | 4.0% |
| The Ramco Cements Ltd. | Construction | Equity | 3.1% |
| Avenue Supermarts Ltd. | Services | Equity | 2.9% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.9% |
Fund Managers
L&T Flexicap Fund IDCW Details
L&T Flexicap Fund IDCW 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 Flexicap Fund IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹2,611 Cr and the Latest NAV as of 22 Apr 2021 is ₹31.18.
The L&T Flexicap Fund 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.
Investment Objective
The scheme aims to follow bottom up stock picking, without any bias for sectors or market capitalizations. The scheme will attempt to be fully invested in equities at all times, however, upto 20 per cent of its assets can be invested in cash and cash equivalents.
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.
