L&T Equity Savings Direct Plan Growth Plan - Regular - Latest NAV [ ₹24.465 ], Returns, Performance, Portfolio & Returns 2021

L&T Equity Savings Direct Plan Growth Plan

  • highlight
    9.18%
  • highlight
    (+0.11)24.465

Min amount: ₹1,000

Calculate Returns

20 yrs
₹1,000 invested monthly becomes
0 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years9.18%
3 Years10.25%
1 Year26.76%
6 Months11.09%
Fund Details
ISININF917K01GE4
RiskModerately High risk
Fund TypeEquity Savings
NAV24.465
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Cash Offset For Derivatives23.36%
(B) Tri Party Repo Dealing System (Treps)9.5%
ICICI Bank Ltd8.01%
7.32% Govt Stock 20247.3%
6.18% Govt Stock 20247.22%
5.22% GOI 20256.87%
Future on ICICI Bank Ltd5.94%
Housing Development Finance Corp Ltd5.88%
Future on Housing Development Finance Corp Ltd5.04%
State Bank of India3.76%

About L&T Equity Savings Fund - Direct Plan - Growth

The primary objective of the scheme is to provide regular income by mostly investing in arbitrage opportunities derivatives segments and cash equivalents. The scheme invests across debt and money market securities.

Pros and Cons of L&T Equity Savings Fund - Direct Plan - Growth

The most significant advantage of investing in this fund is to create income in the form of both dividends and capital gains in the long run by investing across both equity and fixed income securities across debt and money markets. You get the benefit of diversification by investing in this scheme. On the flip side, the scheme is riskier than debt funds.

Fund Information and Statistics

i) Inception/Launch Date

L&T Equity Savings Fund - Direct Plan - Growth was launched on 1 January 2013.

ii) Risk Level

L&T Equity Savings Fund - Direct Plan - Growth has been categorised under the ‘moderately high risk’ class of mutual funds.

iii) Redemption

L&T Equity Savings Fund - Direct Plan - Growth is an open-ended scheme. Therefore, you can sell your fund units at any time.

iv) Fund Manager

Mr Jalpan Shah and Mr Venugopal Manghat are the current fund managers of L&T Equity Savings Fund - Direct Plan - Growth.

v) Entry/Exit load

L&T Equity Savings Fund - Direct Plan - Growth comes with an exit of 1% applicable on units in excess of 10% on redeeming within a holding period of one year from the date of allocation. No entry load is levied in accordance with the regulations set by the Securities and Exchange Board of India (SEBI).

About L&T Mutual Fund

With assets worth Rs 58,261.93 crore as of June 2020, L&T Mutual Fund is a leading asset management company in the country. It started offering mutual funds in the year 1996 when it officially registered with the Indian securities markets supremo. The fund house is being sponsored by L&T Finance Holdings while it's trustee company is L&T Mutual Funds Trustee Limited.

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Frequently Asked Questions

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Min amount: ₹1,000

Calculate Returns

20 yrs
₹1,000 invested monthly becomes
0 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