Fund Details
L&T India Value Fund Dividend
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.91% |
| NAV | ₹31.52 (26 Feb 2021) |
|---|---|
| Fund Started | 08 Jan 2010 |
| Fund Size | ₹6,313 Cr |
Returns
Comparison
1. 10Y Returns are higher than the category average returns
1. 1Y Returns are lower than the category average returns
2. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 9.4% |
| Infosys Ltd. | Technology | Equity | 7.3% |
| HDFC Bank Ltd. | Financial | Equity | 6.4% |
| Reliance Industries Ltd. | Energy | Equity | 6.1% |
| HCL Technologies Ltd. | Technology | Equity | 4.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.8% |
| Bharti Airtel Ltd. | Communication | Equity | 3.0% |
| Deepak Nitrite Ltd. | Chemicals | Equity | 2.8% |
| Emami Ltd. | FMCG | Equity | 2.7% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.6% |
Fund Managers
L&T India Value Fund Dividend Details
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 ₹6,313 Cr and the Latest NAV as of 26 Feb 2021 is ₹31.52.
The L&T India Value Fund Dividend 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.
Investment Objective
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.
Tax Implications
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.
