| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.90% |
| NAV | ₹24.31 (21 Sep 2020) |
|---|---|
| Fund Started | 08 Jan 2010 |
| Fund Size | ₹6,362 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 9.0% |
| HDFC Bank Ltd. | Financial | Equity | 7.0% |
| ICICI Bank Ltd. | Financial | Equity | 6.9% |
| Infosys Ltd. | Technology | Equity | 6.2% |
| Bharti Airtel Ltd. | Communication | Equity | 3.4% |
| Coromandel International Ltd. | Chemicals | Equity | 3.1% |
| HCL Technologies Ltd. | Technology | Equity | 3.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.9% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 2.8% |
| ITC Ltd. | FMCG | Equity | 2.4% |
L&T India Value Fund Dividend is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 08 Jan 2010. Venugopal Manghat, Karan Desai is the Current Fund Manager of L&T India Value Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹6,362 Cr and the Latest NAV as of 21 Sep 2020 is ₹24.31.
The L&T India Value Fund 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 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.
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.