Fund Details
L&T Large and Midcap Fund Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.28% |
| NAV | ₹26.46 (25 Jan 2021) |
|---|---|
| Fund Started | 22 May 2006 |
| Fund Size | ₹1,298 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Age is more than 10 years
3. 1Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. Risk is higher compared to the benchmark
3. Higher expense ratio
4. 1Y Returns are lower than the benchmark
5. 3Y Returns are lower than the benchmark
6. 5Y Returns are lower than the benchmark
7. 10Y Returns are lower than the benchmark
8. Risk-adjusted returns are lower compared to the category
9. Higher expense ratio - 2.29%
10. 3Y Returns are lower than the category average returns
11. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HCL Technologies Ltd. | Technology | Equity | 6.3% |
| HDFC Bank Ltd. | Financial | Equity | 5.2% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.6% |
| Mphasis Ltd. | Technology | Equity | 4.4% |
| Reliance Industries Ltd. | Energy | Equity | 4.0% |
| Infosys Ltd. | Technology | Equity | 3.8% |
| Torrent Pharmaceuticals Ltd. | Healthcare | Equity | 3.7% |
| Abbott India Ltd. | Healthcare | Equity | 3.3% |
| Jubilant FoodWorks Ltd. | Services | Equity | 3.3% |
| Pfizer Ltd. | Healthcare | Equity | 3.0% |
Fund Managers
L&T Large and Midcap Fund Dividend Details
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 ₹1,298 Cr and the Latest NAV as of 25 Jan 2021 is ₹26.46.
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.
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.
Tax Implications
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.
