Fund Details
L&T India Large Cap Fund Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.54% |
| NAV | ₹34.21 (16 Apr 2021) |
|---|---|
| Fund Started | 23 Oct 2007 |
| Fund Size | ₹626 Cr |
Returns
Comparison
1. Age is more than 10 years
1. Higher expense ratio - 2.54%
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.2% |
| ICICI Bank Ltd. | Financial | Equity | 8.9% |
| Infosys Ltd. | Technology | Equity | 8.2% |
| Reliance Industries Ltd. | Energy | Equity | 6.5% |
| State Bank of India | Financial | Equity | 4.1% |
| Tata Steel Ltd. | Metals | Equity | 3.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.5% |
| HCL Technologies Ltd. | Technology | Equity | 3.4% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.1% |
| Ultratech Cement Ltd. | Construction | Equity | 3.1% |
Fund Managers
L&T India Large Cap Fund Growth Details
L&T India Large Cap Fund Growth is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 23 Oct 2007. Venugopal Manghat, Karan Desai is the Current Fund Manager of L&T India Large Cap Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹626 Cr and the Latest NAV as of 16 Apr 2021 is ₹34.21.
The L&T India Large Cap Fund Growth is rated Very 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.
Investment Objective
The scheme seeks to invest in the best opportunities in the Indian and international markets, without any sector or cap bias. The fund managers will follow bottom up stock picking strategy. The focus will be on companies that offer best value relative to their respective long-term growth prospects, returns in capital and management quality.
Tax Implications
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.
