| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.15% |
| NAV | ₹25.36 (10 Jul 2020) |
|---|---|
| Fund Started | 16 May 2005 |
| Fund Size | ₹2,189 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| 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% |
| ITC Ltd. | FMCG | Equity | 3.9% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.4% |
| Infosys Ltd. | Technology | Equity | 3.1% |
| 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.