Risk | Moderate |
---|---|
Min SIP Amount | ₹500 |
Expense Ratio | 2.19% |
NAV | ₹28.70 (22 Jan 2021) |
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Fund Started | 07 Feb 2011 |
Fund Size | ₹1,055 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
L&T Liquid Plan Direct-Growth | Financial | Mutual Fund | 7.6% |
ICICI Bank Ltd. | Financial | Equity | 5.3% |
Adani Ports and Special Economic Zone Ltd. | Services | Equity | 5.2% |
GOI | Sovereign | GOI Sec | 5.0% |
Reliance Industries Ltd. | Energy | Equity | 4.9% |
Bharti Airtel Ltd. | Communication | Equity | 4.8% |
HDFC Bank Ltd. | Financial | Fixed Deposits | 4.4% |
Export-Import Bank Of India | Financial | Bonds | 2.7% |
National Highways Authority of India Ltd. | Services | Debenture | 2.6% |
Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 2.6% |
L&T Balanced Advantage Fund Growth is a Hybrid Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 07 Feb 2011. Soumendra Nath Lahiri, Jalpan Shah, Praveen Ayathan is the Current Fund Manager of L&T Balanced Advantage Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,055 Cr and the Latest NAV as of 22 Jan 2021 is ₹28.70.
The L&T Balanced Advantage Fund Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year
The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments arbitrage opportunities in the cash and derivative segments of the equity markets.
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.