L&T India Value 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
|ICICI Bank Ltd||8.98%|
|HDFC Bank Ltd||6.15%|
|Reliance Industries Ltd Shs Dematerialised||4.93%|
|Deepak Nitrite Ltd||4.23%|
|HCL Technologies Ltd Shs Dematerialised||4.09%|
|Housing Development Finance Corp Ltd||3.75%|
|Jindal Steel & Power Ltd||3.29%|
|State Bank of India||2.88%|
|Persistent Systems Ltd||2.85%|
About L&T India Value Fund - Direct Plan - Growth
The primary intention of the scheme is to provide returns in the form of capital appreciation in the long run by investing mostly in equity and equity-linked securities that are undervalued. The underlying companies have strong potential to grow in the coming days.
Pros and Cons of L&T India Value Fund - Direct Plan - Growth
The main benefit of investing in this scheme is that you get exposure to a well-constituted portfolio consisting of undervalued securities of companies across sectors with strong fundamentals and the potential to grow significantly in future. On the flip side, this fund requires a long-term investment horizon.
Fund Information and Statistics
i) Inception/Launch Date
L&T India Value Fund - Direct Plan - Growth was launched on 1 January 2013.
ii) Risk Level
L&T India Value Fund - Direct Plan - Growth has been clubbed under the moderately high-risk class of mutual fund schemes.
L&T India Value Fund - Direct Plan - Growth is an open-ended mutual funds scheme. Hence, you can sell your holdings at any time.
iv) Fund Manager
Mr Vihang Naik and Mr Venugopal Manghat are the current fund managers of L&T India Value Fund - Direct Plan - Growth.
v) Entry/Exit load
There is no entry load as per the mandate of the Indian securities market regulator. An exit of 1% is applied to the units in excess of 10% if redeemed within a period of one year from the date of allotment.
About L&T Mutual Fund
L&T Mutual Fund is a well-known asset management company in India. Its assets under management touched Rs 58,261.93 crore as of June 2020. The fund house formally registered itself with Indian securities market regulator with L&T Mutual Fund Trustee Ltd as its trustee company and L&T Finance Holdings as its sponsor.
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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