L&T Balanced Advantage Fund Growth - Latest NAV ₹27.199, Returns, Performance & Portfolio

L&T Balanced Advantage Fund Growth

  • highlight
    5.71%
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    (+0.06)27.199

Start your investment

Min amount: ₹500

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 8.97 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years5.71%
3 Years7.03%
1 Year9.98%
6 Months14.49%
Fund Details
ISININF917K01KY4
RiskModerately High risk
Fund TypeDynamic Asset Allocation
NAV27.199
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
ICICI Bank Ltd5.2%
Reliance Industries Ltd4.74%
Future on ICICI Bank Ltd4.32%
Export-Import Bank of India3.93%
Bharti Airtel Ltd3.73%
National Highways Authority of India3.49%
Indian Railway Finance Corporation Limited3.45%
Future on Bharti Airtel Ltd3.03%
ITC Ltd3%
Future on Tata Motors Ltd2.75%

L&T Dynamic Equity Fund

Being an open-ended fund, the scheme seeks to generate long term capital appreciation by investing in diversified portfolio of predominantly equity related securities and equity. They also generate return through a portfolio of money market instruments and debt arbitrage opportunities in the segments of cash and derivatives of the equity markets.

Pros and Cons of L&T Dynamic Equity Fund

This product is suitable for those who are seeking:

  • Long term capital appreciation.
  • The fund invests in equity and equity related instruments and derivatives and debt and money market instruments.

Fund Information and Statistics of L&T Dynamic Equity Fund

Inception/ Launch Date

The L&T Dynamic Equity Fund was launched on 7 February 2011, by L&T Mutual Fund.

Risk Level

The scheme has a moderately high level of risk. The investment on this scheme is subject to market risk. As the price, interest rate and value of the securities may fluctuate, the value of the investment go up and down depending on various factors affecting the capital market.

Redemption

The dispatch of the redemption proceeds within 10 business days from the date of receipt of the redemption request of the units.

Fund Manager

Mr.Soumendra Nath Lahiri since November 2012, Mr. Praveen Ayathan since January 2016 and Mr.Jalpan Shah since May 2016 are the fund managers of L&T Dynamic Equity Fund.

Entry/ Exit Load

The entry load for investing in this scheme is NIL. If units in excess of 10% are redeemed on or before 1 year from the date of allotment ,the exit load of 1% is applicable.

Tax benefits of investing in L&T Dynamic Equity Fund

The Short-term capital gain tax of 15% is levied if sold before one year from the date of allotment. Long-term capital gain, in excess of Rs 1 lakh, are taxed at 10% if sold after one year. Dividend distribution tax is applicable. 10% tax will be deducted at source for dividends.

About L&T Mutual Fund

L&T Mutual Fund is a mutual fund company in India; with various mutual fund schemes it caters investment needs of investors. The company claims to have a knowledgeable fund management team and sound investment management practices.

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Frequently Asked Questions

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Start your investment

Min amount: ₹500

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 8.97 Lakhs in a period of 20 years
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns