|Min SIP Amount||Not Supported|
|NAV||₹22.71 (06 Jul 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹2,660 Cr|
|Reliance Industries Ltd.||Energy||Equity||5.3%|
|HDFC Bank Ltd.||Financial||Equity||5.1%|
|Bharti Airtel Ltd.||Communication||Equity||4.5%|
|Tata Consultancy Services Ltd.||Technology||Equity||3.6%|
|HCL Technologies Ltd.||Technology||Equity||3.6%|
|Shree Cement Ltd.||Construction||Equity||3.2%|
|Abbott India Ltd.||Healthcare||Equity||3.1%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.1%|
L&T Tax Advantage 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 Tax Advantage Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹2,660 Cr and the Latest NAV as of 06 Jul 2020 is ₹22.71.
The L&T Tax Advantage Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500.
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%.