1M
6M
1Y
3Y
5Y
All
| NAV: 16 Sep 2021 | ₹44.22 |
| Min. SIP amount | ₹500 |
| Rating | 3star |
| Fund size | ₹7,757.31 Cr |
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Category: Equity Value
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 61.0% | 16.3% | 16.2% | 20.2% |
| Category average | 61.5% | 12.9% | 13.6% | NA |
| Rank with in category | 6 | 9 | 5 | NA |
Understand termsinfo
Holdings (52)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
ICICI Bank Ltd. | Financial | Equity | 8.7% |
Infosys Ltd. | Technology | Equity | 8.0% |
HDFC Bank Ltd. | Financial | Equity | 5.2% |
Reliance Industries Ltd. | Energy | Equity | 4.4% |
State Bank of India | Financial | Equity | 3.8% |
Persistent Systems Ltd. | Technology | Equity | 3.8% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 3.1% |
HCL Technologies Ltd. | Technology | Equity | 2.9% |
Deepak Nitrite Ltd. | Chemicals | Equity | 2.9% |
Emami Ltd. | FMCG | Equity | 2.7% |
See All
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Past expense ratio & exit load
Expense ratio
Exit load
31 Aug 2021 - Present
0.86%
31 Jul 2021 - 31 Aug 2021
0.87%
30 Jun 2021 - 31 Jul 2021
0.87%
31 May 2021 - 30 Jun 2021
0.87%
30 Apr 2021 - 31 May 2021
0.89%
31 Mar 2021 - 30 Apr 2021
0.95%
28 Feb 2021 - 31 Mar 2021
0.96%
31 Jan 2021 - 28 Feb 2021
0.97%
31 Dec 2020 - 31 Jan 2021
0.92%
30 Nov 2020 - 31 Dec 2020
0.92%
31 Oct 2020 - 30 Nov 2020
0.91%
30 Sep 2020 - 31 Oct 2020
0.93%
31 Aug 2020 - 30 Sep 2020
0.91%
31 Jul 2020 - 31 Aug 2020
0.92%
30 Jun 2020 - 31 Jul 2020
0.93%
31 May 2020 - 30 Jun 2020
0.94%
30 Apr 2020 - 31 May 2020
0.93%
31 Mar 2020 - 30 Apr 2020
0.87%
29 Feb 2020 - 31 Mar 2020
0.84%
31 Jan 2020 - 29 Feb 2020
0.82%
31 Dec 2019 - 31 Jan 2020
0.88%
30 Nov 2019 - 31 Dec 2019
0.90%
31 Oct 2019 - 30 Nov 2019
0.90%
30 Sep 2019 - 31 Oct 2019
0.90%
31 Aug 2019 - 30 Sep 2019
0.91%
31 Jul 2019 - 31 Aug 2019
0.90%
30 Jun 2019 - 31 Jul 2019
0.89%
31 May 2019 - 30 Jun 2019
0.92%
30 Apr 2019 - 31 May 2019
0.92%
31 Mar 2019 - 30 Apr 2019
0.92%
28 Feb 2019 - 31 Mar 2019
0.95%
31 Jan 2019 - 28 Feb 2019
0.95%
31 Dec 2018 - 31 Jan 2019
1.05%
30 Nov 2018 - 31 Dec 2018
1.05%
31 Oct 2018 - 30 Nov 2018
1.44%
30 Sep 2018 - 31 Oct 2018
1.44%
31 Aug 2018 - 30 Sep 2018
1.44%
31 Jul 2018 - 31 Aug 2018
1.46%
30 Jun 2018 - 31 Jul 2018
1.34%
31 May 2018 - 30 Jun 2018
1.39%
30 Apr 2018 - 31 May 2018
1.39%
31 Mar 2018 - 30 Apr 2018
1.40%
28 Feb 2018 - 31 Mar 2018
1.40%
31 Jan 2018 - 28 Feb 2018
1.40%
31 Dec 2017 - 31 Jan 2018
1.40%
30 Nov 2017 - 31 Dec 2017
1.42%
31 Oct 2017 - 30 Nov 2017
1.40%
Expense ratio, exit load and tax
Expense ratio: 0.86%
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 termsinfo
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
Karan Desai
Feb 2017 - Present
View details
Education
Mr. Desai has done Bcom from Mumbai University and Msc Investments from University of Birmingham.
Experience
Prior to this he was working with L&TInvestment Management,HNI & Institutional and Accounts & Taxation
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
| Rank (total assets) | #12 in India |
|---|---|
| Total AUM | 71,233.36 Cr |
| Date of Incorporation | 03 Jan 1997 |
|---|
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 03 Jan 199
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 03 Jan 1997. 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 ₹71,233 Cr and the Latest NAV as of 16 Sep 2021 is ₹44.22.
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.
...Read more
Investment Objective
The Scheme seeks to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, in the
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.
...Read more
| Fund benchmark | S&P BSE 200 TRI |
|---|
Fund house contact details
Address
6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
Phone
022-66554000
Launch Date
03 Jan 1997
E-mail
[email protected]Website
NA
L&T Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
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L&T India Value Fund Direct IDCW
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