| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.65% |
| NAV | ₹15.96 (06 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹480 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 8.7% |
| HDFC Bank Ltd. | Financial | Equity | 8.3% |
| Bharti Airtel Ltd. | Communication | Equity | 5.9% |
| Infosys Ltd. | Technology | Equity | 5.3% |
| ICICI Bank Ltd. | Financial | Equity | 5.2% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.6% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.4% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.4% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.2% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 3.2% |
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 ₹480 Cr and the Latest NAV as of 06 Jul 2020 is ₹15.96.
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 investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities including equity derivatives, in the Indian markets. The Scheme could also additionally invest in Foreign Securities in international markets.
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.