| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.31% |
| NAV | ₹21.11 (10 Jul 2020) |
|---|---|
| Fund Started | 22 May 2006 |
| Fund Size | ₹1,104 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 4.5% |
| Reliance Industries Ltd. | Energy | Equity | 4.5% |
| HCL Technologies Ltd. | Technology | Equity | 4.4% |
| ITC Ltd. | FMCG | Equity | 4.0% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.9% |
| Jubilant FoodWorks Ltd. | Services | Equity | 3.9% |
| Abbott India Ltd. | Healthcare | Equity | 3.9% |
| ICICI Bank Ltd. | Financial | Equity | 3.8% |
| Torrent Pharmaceuticals Ltd. | Healthcare | Equity | 3.7% |
| Bharti Airtel Ltd. | Communication | Equity | 3.7% |
L&T Large and Midcap Fund Dividend is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 22 May 2006. Soumendra Nath Lahiri, Karan Desai is the Current Fund Manager of L&T Large and Midcap Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,104 Cr and the Latest NAV as of 10 Jul 2020 is ₹21.11.
The L&T Large and Midcap Fund 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 growth from a diversified portfolio of predominantly equity and equity-related securities including equity derivatives.
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.