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L&T Equity Savings Fund IDCW Quarterly-1.79%

29.76%
1 Year Return
Hybrid
Equity Savings
2.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Equity Savings Fund IDCW Quarterly

RiskHigh
Min SIP AmountNot Supported
Expense Ratio1.62%
NAV₹13.11 (13 Apr 2021)
Fund Started18 Oct 2011
Fund Size67 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
29.8%
5.9%
7.4%
7.9%
Category Average
23.1%
6.4%
7.9%
-
Rank Within Category
3
13
9
-
*All returns are annualized.
SIP
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 29.8% 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. Higher expense ratio - 1.62%
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
GOISovereignGOI Sec8.0%
ICICI Bank Ltd.FinancialEquity7.1%
Housing Development Finance Corpn. Ltd.FinancialEquity6.0%
HDFC Bank Ltd.FinancialEquity4.0%
State Bank of IndiaFinancialEquity3.5%
Infosys Ltd.TechnologyEquity3.2%
L&T Liquid Plan Direct-GrowthFinancialMutual Fund3.0%
Amba River Coke Ltd.OthersNCD2.9%
Bajaj Auto LtdAutomobileEquity2.2%
Reliance Industries Ltd.EnergyEquity2.1%
See All

Fund Managers

Venugopal Manghat
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Jalpan Shah
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Vihang Naik
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L&T Equity Savings Fund IDCW Quarterly Details

L&T Equity Savings Fund IDCW Quarterly is a Hybrid Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 18 Oct 2011. Venugopal Manghat, Jalpan Shah, Praveen Ayathan is the Current Fund Manager of L&T Equity Savings Fund IDCW Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹67 Cr and the Latest NAV as of 13 Apr 2021 is ₹13.11.

The L&T Equity Savings Fund IDCW Quarterly is rated High risk. Minimum SIP Investment is set to 500. 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)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year
Exit Load

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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,
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