Groww Logo
Home>Mutual Funds>L&T Mutual Fund>L&T India Value Fund Direct IDCW

L&T India Value Fund Direct IDCW

Equity
Value
Very High Risk
Payout
15.03%
3Y annualised
-0.97% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 23 May 2022₹41.15
Min. SIP amount₹500
Rating3
Fund size₹7,690.20Cr

Returns and rankings

Category: Equity Value
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns10.0%15.0%10.9%17.7%
Category average61.5%12.9%13.6%NA
Rank with in category689NA
Understand terms

Holdings (59)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity8.7%
Infosys Ltd.TechnologyEquity6.0%
Sun Pharmaceutical Industries Ltd.HealthcareEquity4.5%
Reliance Industries Ltd.EnergyEquity4.4%
State Bank of IndiaFinancialEquity4.2%
HDFC Bank Ltd.FinancialEquity3.2%
Larsen & Toubro Ltd.ConstructionEquity2.8%
HCL Technologies Ltd.TechnologyEquity2.6%
KPR Mills Ltd.TextilesEquity2.6%
Jindal Stainless Ltd.Metals & MiningEquity2.1%
See All

Pros and cons

Category: Equity Value

Pros

3Y annualised returns higher than category average by 4.72%
Higher alpha: 1.3 The fund has generated returns higher than benchmark - S&P BSE 500 TRI - in the last 3Y
Lower expense ratio: 0.9%

Cons

1Y and 5Y annualised returns lower than category average

Expense ratio, exit load and tax

Expense ratio: 0.88%

Inclusive of GST

Exit load

For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Venugopal Manghat
Jan 2013 - Present
View details

Education
Mr. Manghat is a B.Sc (Mathematics) and MBA (Finance).
Experience
Prior to joining L&T Mutual Fund he has worked with Tata Asset Management Ltd.
Also manages these schemes

Vihang Naik
Dec 2019 - Present
View details

Education
Mr. Naik is a CFA & BMS.
Experience
Prior to joining L&T Mutual Fund, he was associated with MF Global, Motilal Oswal Securities and SBICAP Securities.
Also manages these schemes

Alok Ranjan
Oct 2019 - Present
View details

Education
Mr. Ranjan has done PGDM (MBA) from IIM Calcutta, B.Tech in Mechanical Engineering from NIT Warangal.
Experience
Prior to joining L&T Mutual Fund, he has worked with L&T Investment Management Ltd.- As Equity Research Analyst (From November 2017 – September 2019), Shell India Private Ltd. - Senior Specialist - Market risk (From October 2017 – November 2017), JM Financial Ltd. - Equity Research Analyst (From March 2017 – September 2017), Kotak Mahindra Bank - Treasury Sales (From December 2015 – March 2017), American Express - Business Analyst (From April 2015 – December 2015), NTPC Ltd. - Assistant Manager (From August 2011 – May 2013).
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
BrindavanPlot No. 177, CST RoadKalina, Santacruz (East) Mumbai 400098
Phone
022-66554000 / 1800-2000-400
Launch Date
25 Apr 1996
Website
NA
Amc Image
L&T Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Compare funds

L&T India Value Fund Direct IDCW
VS
Add mutual fund to compare

FAQs

How to Invest in L&T India Value Fund Direct IDCW?

You can easily invest in L&T India Value Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for L&T India Value Fund Direct IDCW from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in L&T India Value Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does L&T India Value Fund Direct IDCW provide?

The L&T India Value Fund Direct IDCW has been there from 01 Jan 2013 and the average annual returns provided by this fund is 10.04% since its inception.

How much expense ratio is charged by L&T India Value Fund Direct IDCW?

The term Expense Ratio used for L&T India Value Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of L&T India Value Fund Direct IDCW is 0.88% as of 24 May 2022...

What is the AUM of L&T India Value Fund Direct IDCW?

The AUM, short for Assets Under Management of L&T India Value Fund Direct IDCW is ₹7,690.20Cr as of 24 May 2022.

How to Redeem L&T India Value Fund Direct IDCW?

If you want to sell your L&T India Value Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of L&T India Value Fund Direct IDCW?

You can select either SIP or Lumpsum investment of L&T India Value Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of L&T India Value Fund Direct IDCW?

The NAV of L&T India Value Fund Direct IDCW is ₹41.15 as of 23 May 2022.

What is the PE and PB ratio of L&T India Value Fund Direct IDCW?

The PE ratio ratio of L&T India Value Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Loading...
ⓒ 2016-2022 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 2.3.9
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI