Home>Mutual Funds>L&T Mutual Fund>L&T Equity Savings Fund Direct Dividend monthly
shareSHARE

L&T Equity Savings Fund Direct Dividend monthly-0.53%

11.33%
1 Year Return
Hybrid
Equity Savings
2.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Equity Savings Fund Direct Dividend monthly

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.85%
NAV₹13.40 (22 Jan 2021)
Fund Started01 Jan 2013
Fund Size73 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
11.3%
5.6%
8.0%
8.6%
Category Average
10.1%
5.6%
8.0%
-
Rank Within Category
12
13
9
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 11.3% returns per annum

Comparison

Data not available
Pros
1. 1Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialFixed Deposits14.4%
ICICI Bank Ltd.FinancialEquity8.9%
GOISovereignGOI Sec7.7%
Reliance Industries Ltd.EnergyEquity4.5%
HDFC Bank Ltd.FinancialEquity4.1%
Infosys Ltd.TechnologyEquity2.9%
Amba River Coke Ltd.OthersNCD2.8%
Steel Authority Of India Ltd.MetalsEquity2.5%
SRF Ltd.DiversifiedEquity2.3%
Indiabulls Housing Finance Ltd.FinancialEquity2.1%
See All

Fund Managers

Venugopal Manghat
keyboard_arrow_down
Jalpan Shah
keyboard_arrow_down
Vihang Naik
keyboard_arrow_down

L&T Equity Savings Fund Direct Dividend monthly Details

L&T Equity Savings Fund Direct Dividend monthly is a Hybrid Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Venugopal Manghat, Jalpan Shah, Praveen Ayathan is the Current Fund Manager of L&T Equity Savings Fund Direct Dividend monthly fund.The fund currently has an Asset Under Management(AUM) of ₹73 Cr and the Latest NAV as of 22 Jan 2021 is ₹13.40.

The L&T Equity Savings Fund Direct Dividend monthly is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year

Investment Objective

The scheme seeks to generate regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and debt and money market instruments and to generate long-term capital appreciation through unhedged exposure to equity and equity related instruments.

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

Compare Funds

L&T Equity Savings Fund Direct Dividend monthly
VS
search

About L&T Mutual Fund

Address
6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
Phone
022-66554000
Launch Date
03 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,
Similar Funds