L&T Flexicap Fund Direct Plan Growth Option - Latest NAV ₹106.015, Returns, Performance & Portfolio

L&T Flexicap Fund Direct Plan Growth Option

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    14.3%
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    (+0.67)106.015

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 13.73 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years14.3%
3 Years7.59%
1 Year18.82%
6 Months23.32%
Fund Details
ISININF917K01FC0
RiskModerately High risk
Fund TypeMulti-Cap
NAV106.015
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
HDFC Bank Ltd6.05%
ICICI Bank Ltd5.59%
HCL Technologies Ltd Shs Dematerialised5.34%
Tata Consultancy Services Ltd5.17%
Infosys Ltd4.79%
Reliance Industries Ltd Shs Dematerialised4.73%
Housing Development Finance Corp Ltd4.18%
Kotak Mahindra Bank Ltd2.96%
Avenue Supermarts Ltd2.85%
Ramco Cements Ltd2.56%

About L&T Equity Fund - Direct Plan - Growth

The main objective of the scheme is to follow the bottom-up stock picking. The fund manager does not favour any market sector or market capitalisation while picking shares. The fund mainly invests in equity and equity-linked securities.

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

The primary advantage of investing in this fund is that you get exposure to a diversified portfolio consisting of top-performing stocks and fixed income securities (up to 20% of the portfolio is invested in debt and money market instruments). On the flip side, the fund can be volatile since equity exposure is on the higher side.

Fund Information and Statistics

i) Inception/Launch Date

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

ii) Risk Level

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

iii) Redemption

Since L&T Equity Fund - Direct Plan - Growth is an open-ended mutual fund, you can redeem your holdings at any time.

iv) Fund Manager

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

v) Entry/Exit load

There is no entry load as per the directives of the Securities and Exchange Board of India (SEBI). An exit load of 1% is applicable to the units in excess of 10% if redeemed within one year from the date of allotment.

About L&T Mutual Fund

L&T Mutual Fund was set up in April 1996 with L&T Mutual Fund Trustee Limited as its trustee. The fund house registered with the Securities and Exchange Board of India (SEBI) with L&T Finance Holdings Limited as its sponsor. The fund house had assets worth Rs 58,361.93 crore under its management as of June 2020.

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Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 13.73 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