Fund Details
L&T India Value Fund Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.95% |
| NAV | ₹36.33 (20 Apr 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹6,741 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 9.0% |
| Infosys Ltd. | Technology | Equity | 7.4% |
| HDFC Bank Ltd. | Financial | Equity | 6.2% |
| Reliance Industries Ltd. | Energy | Equity | 4.9% |
| Deepak Nitrite Ltd. | Chemicals | Equity | 4.2% |
| HCL Technologies Ltd. | Technology | Equity | 4.1% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.8% |
| Jindal Steel & Power Ltd. | Metals | Equity | 3.3% |
| State Bank of India | Financial | Equity | 2.9% |
| Persistent Systems Ltd. | Technology | Equity | 2.9% |
Fund Managers
L&T India Value Fund Direct IDCW Details
L&T India Value Fund Direct IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹6,741 Cr and the Latest NAV as of 20 Apr 2021 is ₹36.33.
The L&T India Value Fund Direct IDCW is rated Very 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.
