Fund Details
L&T India Large Cap Fund Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.54% |
| NAV | ₹34.03 (20 Jan 2021) |
|---|---|
| Fund Started | 23 Oct 2007 |
| Fund Size | ₹616 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Risk is lower compared to the benchmark
3. Age is more than 10 years
1. Risk-adjusted returns are lower compared to the category
2. Higher expense ratio
3. 1Y Returns are lower than the benchmark
4. 3Y Returns are lower than the benchmark
5. 5Y Returns are lower than the benchmark
6. 10Y Returns are lower than the benchmark
7. Risk-adjusted returns are lower compared to the category
8. Higher expense ratio - 2.58%
9. 1Y Returns are lower than the category average returns
10. 3Y Returns are lower than the category average returns
11. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 10.0% |
| ICICI Bank Ltd. | Financial | Equity | 8.1% |
| Infosys Ltd. | Technology | Equity | 7.0% |
| Reliance Industries Ltd. | Energy | Equity | 6.1% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.1% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.9% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 3.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.4% |
| HCL Technologies Ltd. | Technology | Equity | 3.0% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.0% |
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 ₹616 Cr and the Latest NAV as of 20 Jan 2021 is ₹34.03.
The L&T India Large Cap Fund Growth is rated Moderately 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.
