|Min SIP Amount||₹500|
|NAV||₹26.97 (10 Jul 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹509 Cr|
|Reliance Industries Ltd.||Energy||Equity||8.9%|
|HDFC Bank Ltd.||Financial||Equity||8.7%|
|Bharti Airtel Ltd.||Communication||Equity||5.4%|
|ICICI Bank Ltd.||Financial||Equity||5.2%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.8%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.2%|
|Tata Consultancy Services Ltd.||Technology||Equity||3.2%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.1%|
|ICICI Lombard General Insurance Company Ltd.||Financial||Equity||3.0%|
L&T India Large Cap Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹509 Cr and the Latest NAV as of 10 Jul 2020 is ₹26.97.
The L&T India Large Cap Fund Direct Growth 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.