Fund Details
L&T India Value Fund Direct Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.92% |
| NAV | ₹34.29 (25 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹6,635 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 9.1% |
| Infosys Ltd. | Technology | Equity | 7.7% |
| Reliance Industries Ltd. | Energy | Equity | 6.5% |
| HDFC Bank Ltd. | Financial | Equity | 6.5% |
| HCL Technologies Ltd. | Technology | Equity | 4.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.9% |
| Bharti Airtel Ltd. | Communication | Equity | 3.1% |
| Deepak Nitrite Ltd. | Chemicals | Equity | 2.8% |
| ITC Ltd. | FMCG | Equity | 2.5% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.4% |
Fund Managers
L&T India Value Fund Direct Dividend Details
L&T India Value Fund Direct Dividend is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Venugopal Manghat, Karan Desai is the Current Fund Manager of L&T India Value Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹6,635 Cr and the Latest NAV as of 25 Jan 2021 is ₹34.29.
The L&T India Value Fund Direct 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 seeks to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, in the Indian markets with higher focus on undervalued securities. It could also additionally invest in Foreign Securities in international markets.
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.
