Risk | Moderately High |
---|---|
Min SIP Amount | ₹500 |
Expense Ratio | 2.28% |
NAV | ₹26.46 (25 Jan 2021) |
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Fund Started | 22 May 2006 |
Fund Size | ₹1,298 Cr |
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% |
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.
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.
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.