Fund Details
L&T Infrastructure Fund Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.26% |
| NAV | ₹18.83 (20 Apr 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,230 Cr |
Returns
Comparison
1. 5Y 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 |
|---|---|---|---|
| Larsen & Toubro Ltd. | Construction | Equity | 10.3% |
| The Ramco Cements Ltd. | Construction | Equity | 7.4% |
| Bharti Airtel Ltd. | Communication | Equity | 6.2% |
| Reliance Industries Ltd. | Energy | Equity | 5.4% |
| Ultratech Cement Ltd. | Construction | Equity | 4.5% |
| Honeywell Automation India Ltd. | Engineering | Equity | 4.1% |
| Grasim Industries Ltd. | Construction | Equity | 3.9% |
| Polycab India Ltd. | Engineering | Equity | 3.8% |
| Grindwell Norton Ltd. | Metals | Equity | 3.2% |
| Bharat Electronics Ltd. | Engineering | Equity | 3.0% |
Fund Managers
L&T Infrastructure Fund Direct IDCW Details
L&T Infrastructure Fund Direct IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹1,230 Cr and the Latest NAV as of 20 Apr 2021 is ₹18.83.
The L&T Infrastructure Fund Direct IDCW 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 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.
