|Min SIP Amount||₹500|
|NAV||₹17.63 (21 Jan 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,199 Cr|
|Larsen & Toubro Ltd.||Construction||Equity||8.5%|
|The Ramco Cements Ltd.||Construction||Equity||8.1%|
|Bharti Airtel Ltd.||Communication||Equity||7.3%|
|Reliance Industries Ltd.||Energy||Equity||4.9%|
|Honeywell Automation India Ltd.||Engineering||Equity||4.1%|
|Grasim Industries Ltd.||Construction||Equity||3.4%|
|Ultratech Cement Ltd.||Construction||Equity||3.4%|
|Orient Refractories Limited||Construction||Equity||3.1%|
|AIA Engineering Ltd.||Metals||Equity||3.1%|
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 ₹1,199 Cr and the Latest NAV as of 21 Jan 2021 is ₹17.63.
The L&T Infrastructure Fund Direct Growth 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.
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.