Name: L&T India Value Fund IDCW
Brand: L&T Mutual Fund

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L&T India Value Fund IDCW
Equity
Value
Very High Risk
55.70%
1Y return
-1.66% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 20 Sep 2021₹37.14
Min. SIP amountNA
Rating3star
Fund size₹7,757.31 Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Value
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns55.7%15.1%14.3%15.8%
Category average61.5%12.9%13.6%NA
Rank with in category7105NA
Understand termsinfo
Holdings (51)NameSectorInstrumentAssets
ICICI Bank Ltd.
FinancialEquity9.3%
Infosys Ltd.
TechnologyEquity7.1%
HDFC Bank Ltd.
FinancialEquity4.7%
Sun Pharmaceutical Industries Ltd.
HealthcareEquity4.0%
Reliance Industries Ltd.
EnergyEquity3.7%
State Bank of India
FinancialEquity3.6%
Deepak Nitrite Ltd.
ChemicalsEquity3.4%
Persistent Systems Ltd.
TechnologyEquity3.2%
HCL Technologies Ltd.
TechnologyEquity3.0%
Larsen & Toubro Ltd.
ConstructionEquity2.6%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and consinfo
Category: Equity Value
thumb_up_altPros
3Y Returns are higher than the category average returns
5Y Returns are higher than the category average returns
10Y Returns are higher than the category average returns
thumb_down_altCons
1Y Returns are lower than the category average returns
Understand termsExpense ratioA 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.
TaxA 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 loadA 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 dutyA 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
1.84%
31 Jul 2021 - 31 Aug 2021
1.85%
30 Jun 2021 - 31 Jul 2021
1.85%
31 May 2021 - 30 Jun 2021
1.86%
30 Apr 2021 - 31 May 2021
1.88%
31 Mar 2021 - 30 Apr 2021
1.89%
28 Feb 2021 - 31 Mar 2021
1.90%
31 Jan 2021 - 28 Feb 2021
1.91%
31 Dec 2020 - 31 Jan 2021
1.89%
30 Nov 2020 - 31 Dec 2020
1.89%
31 Oct 2020 - 30 Nov 2020
1.90%
30 Sep 2020 - 31 Oct 2020
1.90%
31 Aug 2020 - 30 Sep 2020
1.90%
31 Jul 2020 - 31 Aug 2020
1.91%
30 Jun 2020 - 31 Jul 2020
1.92%
31 May 2020 - 30 Jun 2020
1.94%
30 Apr 2020 - 31 May 2020
1.93%
31 Mar 2020 - 30 Apr 2020
1.85%
29 Feb 2020 - 31 Mar 2020
1.88%
31 Jan 2020 - 29 Feb 2020
1.86%
31 Dec 2019 - 31 Jan 2020
1.87%
30 Nov 2019 - 31 Dec 2019
1.87%
31 Oct 2019 - 30 Nov 2019
1.87%
30 Sep 2019 - 31 Oct 2019
1.87%
31 Aug 2019 - 30 Sep 2019
1.88%
31 Jul 2019 - 31 Aug 2019
1.87%
30 Jun 2019 - 31 Jul 2019
1.86%
31 May 2019 - 30 Jun 2019
1.86%
30 Apr 2019 - 31 May 2019
1.88%
31 Mar 2019 - 30 Apr 2019
2.02%
28 Feb 2019 - 31 Mar 2019
2.06%
31 Jan 2019 - 28 Feb 2019
2.06%
31 Dec 2018 - 31 Jan 2019
2.08%
30 Nov 2018 - 31 Dec 2018
2.09%
31 Oct 2018 - 30 Nov 2018
2.16%
30 Sep 2018 - 31 Oct 2018
2.26%
31 Aug 2018 - 30 Sep 2018
2.27%
31 Jul 2018 - 31 Aug 2018
2.30%
30 Jun 2018 - 31 Jul 2018
1.94%
31 May 2018 - 30 Jun 2018
1.99%
30 Apr 2018 - 31 May 2018
1.99%
31 Mar 2018 - 30 Apr 2018
2.00%
31 Jan 2018 - 31 Mar 2018
2.00%
31 Dec 2017 - 31 Jan 2018
2.00%
30 Nov 2017 - 31 Dec 2017
2.02%
31 Oct 2017 - 30 Nov 2017
2.01%
Expense ratio, exit load and taxExpense ratio: 1.84%Inclusive of GST
Exit loadFor units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 amountsMin. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA
Fund managementVenugopal Manghat
Nov 2012 - Present
View details
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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
L&T Conservative Hybrid Fund Growth
L&T Conservative Hybrid Fund IDCW Monthly
L&T Conservative Hybrid Fund IDCW Quarterly
L&T Midcap Fund IDCW
L&T Midcap Fund Growth
L&T Infrastructure Fund Growth
L&T Infrastructure Fund IDCW
L&T Equity Savings Fund IDCW Monthly
L&T Equity Savings Fund IDCW Quarterly
L&T Equity Savings Fund Growth
L&T Flexicap Fund Growth
L&T Flexicap Fund IDCW
L&T Tax Advantage Fund Growth
L&T Tax Advantage Fund IDCW
L&T Large and Midcap Fund Growth
L&T Large and Midcap Fund IDCW
L&T India Large Cap Fund Growth
L&T India Large Cap Fund IDCW
L&T India Value Fund Growth
L&T India Value Fund IDCW
L&T Hybrid Equity Fund Growth
L&T Hybrid Equity Fund IDCW
L&T Balanced Advantage Fund IDCW
L&T Balanced Advantage Fund Growth
L&T Flexicap Fund Direct IDCW
L&T Flexicap Fund Direct Growth
L&T Balanced Advantage Fund Direct IDCW
L&T Balanced Advantage Fund Direct Growth
L&T India Large Cap Fund Direct Growth
L&T India Large Cap Fund Direct IDCW
L&T Hybrid Equity Fund Direct Growth
L&T Hybrid Equity Fund Direct IDCW
L&T Large and Midcap Fund Direct Growth
L&T Large and Midcap Fund Direct IDCW
L&T India Value Fund Direct IDCW
L&T India Value Fund Direct Growth
L&T Infrastructure Fund Direct IDCW
L&T Infrastructure Fund Direct Growth
L&T Tax Advantage Fund Direct Growth
L&T Tax Advantage Fund Direct IDCW
L&T Equity Savings Fund Direct IDCW Quarterly
L&T Equity Savings Fund Direct Growth
L&T Equity Savings Fund Direct IDCW Monthly
L&T Midcap Fund Direct IDCW
L&T Midcap Fund Direct Growth
L&T Conservative Hybrid Fund Direct Growth
L&T Conservative Hybrid Fund Direct IDCW Monthly
L&T Conservative Hybrid Fund Direct IDCW Quarterly
L&T Emerging Businesses Fund Direct Growth
L&T Emerging Businesses Fund IDCW
L&T Emerging Businesses Fund Direct IDCW
L&T Emerging Businesses Fund Growth
L&T Arbitrage Opportunities Fund Regular Growth
L&T Arbitrage Opportunities Fund Direct IDCW Monthly
L&T Arbitrage Opportunities Fund Direct IDCW Quarterly
L&T Arbitrage Opportunities Fund Regular IDCW Quarterly
L&T Arbitrage Opportunities Fund Direct Growth
L&T Arbitrage Opportunities Fund Regular Bonus
L&T Arbitrage Opportunities Fund Regular IDCW Monthly
L&T Arbitrage Opportunities Fund Direct Bonus
L&T Business Cycles Fund Direct Growth
L&T Business Cycles Fund Regular IDCW
L&T Business Cycles Fund Regular Growth
L&T Business Cycles Fund Direct IDCW
L&T Hybrid Equity Fund IDCW Yearly
L&T Hybrid Equity Fund Direct IDCW Yearly
L&T Emerging Opportunities Fund Series I Direct IDCW
L&T Emerging Opportunities Fund Series I Regular IDCW
L&T Emerging Opportunities Fund Series II Regular IDCW
L&T Emerging Opportunities Fund Series II Direct IDCW
L&T Focused Equity Fund Direct IDCW
L&T Focused Equity Fund Direct Growth
L&T Focused Equity Fund Regular IDCW
L&T Focused Equity Fund Regular Growth
Vihang Naik
Dec 2019 - Present
View details
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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
L&T Conservative Hybrid Fund Growth
L&T Conservative Hybrid Fund IDCW Monthly
L&T Conservative Hybrid Fund IDCW Quarterly
L&T Midcap Fund IDCW
L&T Midcap Fund Growth
L&T Infrastructure Fund Growth
L&T Infrastructure Fund IDCW
L&T Long Term Advantage Fund I Growth
L&T Equity Savings Fund IDCW Monthly
L&T Equity Savings Fund IDCW Quarterly
L&T Equity Savings Fund Growth
L&T Flexicap Fund Growth
L&T Flexicap Fund IDCW
L&T Tax Advantage Fund Growth
L&T Tax Advantage Fund IDCW
L&T Large and Midcap Fund Growth
L&T Large and Midcap Fund IDCW
L&T India Large Cap Fund Growth
L&T India Large Cap Fund IDCW
L&T India Value Fund Growth
L&T India Value Fund IDCW
L&T Hybrid Equity Fund Growth
L&T Hybrid Equity Fund IDCW
L&T Balanced Advantage Fund IDCW
L&T Balanced Advantage Fund Growth
L&T Flexicap Fund Direct IDCW
L&T Flexicap Fund Direct Growth
L&T Balanced Advantage Fund Direct IDCW
L&T Balanced Advantage Fund Direct Growth
L&T India Large Cap Fund Direct Growth
L&T India Large Cap Fund Direct IDCW
L&T Hybrid Equity Fund Direct Growth
L&T Hybrid Equity Fund Direct IDCW
L&T Large and Midcap Fund Direct Growth
L&T Large and Midcap Fund Direct IDCW
L&T India Value Fund Direct IDCW
L&T India Value Fund Direct Growth
L&T Infrastructure Fund Direct IDCW
L&T Infrastructure Fund Direct Growth
L&T Tax Advantage Fund Direct Growth
L&T Tax Advantage Fund Direct IDCW
L&T Equity Savings Fund Direct IDCW Quarterly
L&T Equity Savings Fund Direct Growth
L&T Equity Savings Fund Direct IDCW Monthly
L&T Midcap Fund Direct IDCW
L&T Midcap Fund Direct Growth
L&T Conservative Hybrid Fund Direct Growth
L&T Conservative Hybrid Fund Direct IDCW Monthly
L&T Conservative Hybrid Fund Direct IDCW Quarterly
L&T Emerging Businesses Fund Direct Growth
L&T Emerging Businesses Fund IDCW
L&T Emerging Businesses Fund Direct IDCW
L&T Emerging Businesses Fund Growth
L&T Business Cycles Fund Direct Growth
L&T Business Cycles Fund Regular IDCW
L&T Business Cycles Fund Regular Growth
L&T Business Cycles Fund Direct IDCW
L&T Hybrid Equity Fund IDCW Yearly
L&T Hybrid Equity Fund Direct IDCW Yearly
L&T Emerging Opportunities Fund Series I Direct IDCW
L&T Emerging Opportunities Fund Series I Regular IDCW
L&T Emerging Opportunities Fund Series II Regular IDCW
L&T Emerging Opportunities Fund Series II Direct IDCW
L&T Focused Equity Fund Direct IDCW
L&T Focused Equity Fund Direct Growth
L&T Focused Equity Fund Regular IDCW
L&T Focused Equity Fund Regular Growth
Karan Desai
Feb 2017 - Present
View details
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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
L&T Flexicap Fund Growth
L&T Flexicap Fund IDCW
L&T Large and Midcap Fund Growth
L&T Large and Midcap Fund IDCW
L&T India Large Cap Fund Growth
L&T India Large Cap Fund IDCW
L&T India Value Fund Growth
L&T India Value Fund IDCW
L&T Hybrid Equity Fund Growth
L&T Hybrid Equity Fund IDCW
L&T Flexicap Fund Direct IDCW
L&T Flexicap Fund Direct Growth
L&T India Large Cap Fund Direct Growth
L&T India Large Cap Fund Direct IDCW
L&T Hybrid Equity Fund Direct Growth
L&T Hybrid Equity Fund Direct IDCW
L&T Large and Midcap Fund Direct Growth
L&T Large and Midcap Fund Direct IDCW
L&T India Value Fund Direct IDCW
L&T India Value Fund Direct Growth
L&T Emerging Businesses Fund Direct Growth
L&T Emerging Businesses Fund IDCW
L&T Emerging Businesses Fund Direct IDCW
L&T Emerging Businesses Fund Growth
L&T Arbitrage Opportunities Fund Regular Growth
L&T Arbitrage Opportunities Fund Direct IDCW Monthly
L&T Arbitrage Opportunities Fund Direct IDCW Quarterly
L&T Arbitrage Opportunities Fund Regular IDCW Quarterly
L&T Arbitrage Opportunities Fund Direct Growth
L&T Arbitrage Opportunities Fund Regular Bonus
L&T Arbitrage Opportunities Fund Regular IDCW Monthly
L&T Arbitrage Opportunities Fund Direct Bonus
L&T Business Cycles Fund Direct Growth
L&T Business Cycles Fund Regular IDCW
L&T Business Cycles Fund Regular Growth
L&T Business Cycles Fund Direct IDCW
L&T Hybrid Equity Fund IDCW Yearly
L&T Hybrid Equity Fund Direct IDCW Yearly
Alok Ranjan
Oct 2019 - Present
View details
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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
L&T Flexicap Fund Growth
L&T Flexicap Fund IDCW
L&T Large and Midcap Fund Growth
L&T Large and Midcap Fund IDCW
L&T India Large Cap Fund Growth
L&T India Large Cap Fund IDCW
L&T India Value Fund Growth
L&T India Value Fund IDCW
L&T Hybrid Equity Fund Growth
L&T Hybrid Equity Fund IDCW
L&T Flexicap Fund Direct IDCW
L&T Flexicap Fund Direct Growth
L&T India Large Cap Fund Direct Growth
L&T India Large Cap Fund Direct IDCW
L&T Hybrid Equity Fund Direct Growth
L&T Hybrid Equity Fund Direct IDCW
L&T Large and Midcap Fund Direct Growth
L&T Large and Midcap Fund Direct IDCW
L&T India Value Fund Direct IDCW
L&T India Value Fund Direct Growth
L&T Emerging Businesses Fund Direct Growth
L&T Emerging Businesses Fund IDCW
L&T Emerging Businesses Fund Direct IDCW
L&T Emerging Businesses Fund Growth
L&T Arbitrage Opportunities Fund Regular Growth
L&T Arbitrage Opportunities Fund Direct IDCW Monthly
L&T Arbitrage Opportunities Fund Direct IDCW Quarterly
L&T Arbitrage Opportunities Fund Regular IDCW Quarterly
L&T Arbitrage Opportunities Fund Direct Growth
L&T Arbitrage Opportunities Fund Regular Bonus
L&T Arbitrage Opportunities Fund Regular IDCW Monthly
L&T Arbitrage Opportunities Fund Direct Bonus
L&T Business Cycles Fund Direct Growth
L&T Business Cycles Fund Regular IDCW
L&T Business Cycles Fund Regular Growth
L&T Business Cycles Fund Direct IDCW
L&T Hybrid Equity Fund IDCW Yearly
L&T Hybrid Equity Fund Direct IDCW Yearly
Fund house & investment objective
keyboard_arrow_down
L&T Mutual Fund
Rank (total assets)#12 in India
Total AUM71,233.36 Cr
Date of Incorporation03 Jan 1997
L&T India Value Fund IDCW is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 03 Jan 1997. Venu
L&T India Value Fund 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 IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹71,233 Cr and the Latest NAV as of 20 Sep 2021 is ₹37.14.
The L&T India Value Fund IDCW is rated Very High risk. Minimum SIP Investment is set to 500. 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 benchmarkS&P BSE 200 TRI
descriptionScheme Information Document(SID)
Fund house contact details
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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
www.camsonline.com
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	1Y	3Y	5Y	All
Fund returns	55.7%	15.1%	14.3%	15.8%
Category average	61.5%	12.9%	13.6%	NA
Rank with in category	7	10	5	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	9.3%
Infosys Ltd.	Technology	Equity	7.1%
HDFC Bank Ltd.	Financial	Equity	4.7%
Sun Pharmaceutical Industries Ltd.	Healthcare	Equity	4.0%
Reliance Industries Ltd.	Energy	Equity	3.7%
State Bank of India	Financial	Equity	3.6%
Deepak Nitrite Ltd.	Chemicals	Equity	3.4%
Persistent Systems Ltd.	Technology	Equity	3.2%
HCL Technologies Ltd.	Technology	Equity	3.0%
Larsen & Toubro Ltd.	Construction	Equity	2.6%

Rating	3
Fund size	₹7,757.31 Cr

Rank (total assets)	#12 in India
Total AUM	71,233.36 Cr