|Min SIP Amount||₹500|
|NAV||₹22.86 (23 Jul 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,238 Cr|
|Larsen & Toubro Ltd.||Construction||Equity||9.8%|
|The Ramco Cements Ltd.||Construction||Equity||6.8%|
|Reliance Industries Ltd.||Energy||Equity||5.0%|
|Polycab India Ltd.||Engineering||Equity||4.7%|
|Ultratech Cement Ltd.||Construction||Equity||4.3%|
|Bharat Electronics Ltd.||Engineering||Equity||4.3%|
|Grindwell Norton Ltd.||Metals||Equity||4.0%|
|Grasim Industries Ltd.||Construction||Equity||3.7%|
|Tata Power Company Ltd.||Energy||Equity||3.5%|
|ABB India Ltd.||Engineering||Equity||3.4%|
L&T Infrastructure Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,238 Cr and the Latest NAV as of 23 Jul 2021 is ₹22.86.
The L&T Infrastructure Fund Direct Growth 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.
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.
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.