L&T Tax Advantage Fund Dividend is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 27 Feb 2006. Soumendra Nath Lahiri is the Current Fund Manager of L&T Tax Advantage Fund Dividend.The fund currently has an Asset Under Management(AUM) of ₹3,382 Cr and the Latest NAV as of 22 Jan 2020 is ₹21.60.
The L&T Tax Advantage Fund Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.
Investment Objective
The investment objective of the Scheme is to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.
Tax Implications
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)
₹500
Min for First Investment
₹500
Min for Second Investment