L&T Large and Midcap Fund Direct IDCW

L&T Large and Midcap Fund Direct IDCW is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 25 Apr 1996. Soumendra Nath Lahiri, Karan Desai is the Current Fund Manager of L&T Large and Midcap Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹75,123 Cr and the Latest NAV as of 25 Nov 2022 is ₹34.79. The L&T Large and Midcap Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to ₹500. For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year. ;

Investment Objective

The scheme aims to invest in undervalued companies for long term investment with key theme focus being 'Special Situations' - these are situations that are out-of-the-ordinary and which therefore present interesting stock picking opportunities. ;