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L&T Equity Savings Fund Direct IDCW Monthly

Hybrid
Equity Savings
Moderately High Risk
27.51%
1Y return
+0.03% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 30 Jul 2021₹14.40
Min. SIP Amount₹500
Rating2star
Fund Size₹70.39 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns27.5%9.0%8.7%9.2%
Category average20.4%8.3%8.2%NA
Rank with in category3910NA
Understand termsinfo

Holdings (60)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec7.7%
ICICI Bank Ltd.FinancialEquity7.3%
GOI
SovereignGOI Sec7.0%
Housing Development Finance Corpn. Ltd.FinancialEquity5.4%
State Bank of India
FinancialEquity3.9%
Infosys Ltd.TechnologyEquity3.5%
L&T Liquid Plan Direct-Growth
FinancialMutual Fund2.9%
Amba River Coke Ltd.
OthersNCD2.8%
Escorts Ltd.AutomobileEquity2.6%
HDFC Bank Ltd.FinancialEquity2.5%
See All

Pros and cons

Category: Hybrid Equity Savings

Pros

  • 1Y Returns are higher than the category average returns
  • 3Y Returns are higher than the category average returns
  • 5Y Returns are higher than the category average returns

Cons

  • Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

Expense ratio, exit load and tax

Expense ratio: 0.66%

Inclusive of GST

Exit load

Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand termsinfo

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹5,000
Min. for SIP₹500

Fund management

Venugopal Manghat
Jan 2013 - Present
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Jalpan Shah
May 2016 - Present
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Vihang Naik
Dec 2019 - Present
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Cheenu Gupta
Jul 2021 - Present
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Fund house & investment objective

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Fund house contact details

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