| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.94% |
| NAV | ₹25.52 (06 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹5,587 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 8.9% |
| HDFC Bank Ltd. | Financial | Equity | 6.8% |
| ICICI Bank Ltd. | Financial | Equity | 5.5% |
| Bharti Airtel Ltd. | Communication | Equity | 4.7% |
| Infosys Ltd. | Technology | Equity | 4.6% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.3% |
| Coromandel International Ltd. | Chemicals | Equity | 3.1% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 3.0% |
| ITC Ltd. | FMCG | Equity | 2.5% |
| HCL Technologies Ltd. | Technology | Equity | 2.5% |
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 ₹5,587 Cr and the Latest NAV as of 06 Jul 2020 is ₹25.52.
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.
The investment objective of the Scheme is to generate long-term capitalappreciation from a diversified portfolio of predominantly equity and equityrelated securities, in the Indian markets with higher focus on undervaluedsecurities. The Scheme could also additionally invest in Foreign Securitiesin international markets.
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.