L&T Tax Advantage Fund Direct Dividend is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Soumendra Nath Lahiri is the Current Fund Manager of L&T Tax Advantage Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹3,418 Cr and the Latest NAV as of 15 Nov 2019 is ₹26.07.
The L&T Tax Advantage Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 100. Nil.
The investment objective of the Scheme is to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment