| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.63% |
| NAV | ₹17.69 (23 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹539 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 9.3% |
| HDFC Bank Ltd. | Financial | Equity | 8.5% |
| Infosys Ltd. | Technology | Equity | 7.8% |
| ICICI Bank Ltd. | Financial | Equity | 6.1% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.1% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.4% |
| HCL Technologies Ltd. | Technology | Equity | 3.3% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.0% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 2.9% |
| Hindustan Unilever Ltd. | FMCG | Equity | 2.9% |
L&T India Large Cap Fund Direct Dividend is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Venugopal Manghat, Karan Desai is the Current Fund Manager of L&T India Large Cap Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹539 Cr and the Latest NAV as of 23 Oct 2020 is ₹17.69.
The L&T India Large Cap Fund Direct 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.
The scheme seeks to invest in the best opportunities in the Indian and international markets, without any sector or cap bias. The fund managers will follow bottom up stock picking strategy. The focus will be on companies that offer best value relative to their respective long-term growth prospects, returns in capital and management quality.
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.