Fund Details
L&T Infrastructure Fund Direct Dividend
| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.87% |
| NAV | ₹17.24 (25 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,199 Cr |
Returns
Comparison
1. 5Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Larsen & Toubro Ltd. | Construction | Equity | 9.6% |
| Bharti Airtel Ltd. | Communication | Equity | 7.9% |
| The Ramco Cements Ltd. | Construction | Equity | 6.0% |
| Reliance Industries Ltd. | Energy | Equity | 5.5% |
| Honeywell Automation India Ltd. | Engineering | Equity | 4.4% |
| Ultratech Cement Ltd. | Construction | Equity | 3.6% |
| Grasim Industries Ltd. | Construction | Equity | 3.4% |
| Godrej Properties Ltd. | Construction | Equity | 3.0% |
| Bharat Electronics Ltd. | Engineering | Equity | 2.8% |
| Polycab India Ltd. | Engineering | Equity | 2.8% |
Fund Managers
L&T Infrastructure Fund Direct Dividend Details
L&T Infrastructure Fund Direct Dividend is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Soumendra Nath Lahiri is the Current Fund Manager of L&T Infrastructure Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,199 Cr and the Latest NAV as of 25 Jan 2021 is ₹17.24.
The L&T Infrastructure Fund Direct Dividend is rated 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 endeavours to generate capital appreciation by investing primarily in companies that are engaged in the area of infrastructure. The fund would select fundamentally sound companies, having potential to deliver superior earning growth in long run.
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.
