| NAV: 23 May 2022 | ₹41.15 |
| Min. SIP amount | ₹500 |
| Rating | 3 |
| Fund size | ₹7,690.20Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 10.0% | 15.0% | 10.9% | 17.7% |
| Category average | 61.5% | 12.9% | 13.6% | NA |
| Rank with in category | 6 | 8 | 9 | NA |
Holdings (59)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 8.7% |
| Infosys Ltd. | Technology | Equity | 6.0% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 4.5% |
| Reliance Industries Ltd. | Energy | Equity | 4.4% |
| State Bank of India | Financial | Equity | 4.2% |
| HDFC Bank Ltd. | Financial | Equity | 3.2% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.8% |
| HCL Technologies Ltd. | Technology | Equity | 2.6% |
| KPR Mills Ltd. | Textiles | Equity | 2.6% |
| Jindal Stainless Ltd. | Metals & Mining | Equity | 2.1% |
Pros and cons
Pros
Cons
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.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Venugopal ManghatJan 2013 - PresentView details
Vihang NaikDec 2019 - PresentView details
Alok RanjanOct 2019 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
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?
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.
