|Min SIP Amount||₹500|
|NAV||₹12.95 (27 Oct 2020)|
|Fund Started||27 Sep 2007|
|Fund Size||₹1,106 Cr|
|The Ramco Cements Ltd.||Construction||Equity||7.6%|
|Larsen & Toubro Ltd.||Construction||Equity||7.3%|
|Bharti Airtel Ltd.||Communication||Equity||7.0%|
|Reliance Industries Ltd.||Energy||Equity||5.8%|
|Honeywell Automation India Ltd.||Engineering||Equity||4.4%|
|Orient Refractories Limited||Construction||Equity||4.1%|
|AIA Engineering Ltd.||Metals||Equity||4.0%|
|Grasim Industries Ltd.||Construction||Equity||3.1%|
|Ultratech Cement Ltd.||Construction||Equity||2.8%|
L&T Infrastructure Fund Growth is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 27 Sep 2007. Soumendra Nath Lahiri is the Current Fund Manager of L&T Infrastructure Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,106 Cr and the Latest NAV as of 27 Oct 2020 is ₹12.95.
The L&T Infrastructure Fund Growth is rated 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.
The scheme endeavours to generate capital appreciation by investing primarily in companies that are engaged in the area of infrastructure. The fund would select fundamentally sound companies, having potential to deliver superior earning growth in long run.
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.