L&T India Large Cap Fund Direct Plan Growth Option
Min amount: ₹1,000
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Risk||Very High Risk|
|Exit Load||1% for 365 Days|
More about this fund
|HDFC Bank Ltd||9.21%|
|ICICI Bank Ltd||8.93%|
|Reliance Industries Ltd Shs Dematerialised||6.53%|
|State Bank of India||4.1%|
|Tata Steel Ltd||3.87%|
|Housing Development Finance Corp Ltd||3.48%|
|HCL Technologies Ltd Shs Dematerialised||3.38%|
|Larsen & Toubro Ltd Shs Dematerialised||3.11%|
|UltraTech Cement Ltd||3.09%|
About L&T India Large Cap Fund - Direct Plan - Growth
The main intention of the L&T India Large Cap Fund - Direct Plan - Growth is to generate returns in the long run by investing in equity and equity-linked securities of the large-cap or blue-chip companies across all sectors of the market.
Pros and Cons of L&T India Large Cap Fund - Direct Plan - Growth
Investing in L&T India Large Cap Fund - Direct Plan - Growth is apt for those looking to diversify their portfolio with securities of large-cap companies. The returns offered by these funds are much stabler than mid and small-cap companies. On the flip side, the fund is not risk-free and returns can be curtailed due to minimal to nil exposure towards small and mid-cap companies.
Fund Information and Statistics
i) Inception/Launch Date
L&T India Large Cap Fund - Direct Plan - Growth was launched on 1 January 2013.
ii) Risk Level
L&T India Large Cap Fund - Direct Plan - Growth has been categorised under ‘moderately high risk’ class of mutual funds.
Since L&T India Large Cap Fund - Direct Plan - Growth is an open-ended mutual fund scheme, you can redeem your units any time. Ensure to factor exit load and tax on capital gains.
iv) Fund Manager
Mr Vihang Naik and Mr Venugopal Manghat are the current fund managers of L&T India Large Cap Fund - Direct Plan - Growth.
v) Entry/Exit load
L&T India Large Cap Fund - Direct Plan - Growth comes with an exit load of 1% on the units in excess of 10% if redeemed within one year from the date of purchase. There is no entry load as per the guidelines of the Indian market regulator.
About L&T Mutual Fund
L&T Mutual Fund was set up with L&T Mutual Fund Trustee as its trustee and L&T Finance Holdings Limited as it sponsors. It started offering mutual funds in 1996 after it officially registered itself with the Securities and Exchange Board of India (SEBI). As of June 2020, the assets under management (AUM) of the fund house amounted to touch Rs 58,361.93 crore.
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Min amount: ₹1,000
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