L&T Flexicap Fund Direct Plan Growth Option
- 14.14%
- (+1.35)106.023
Min amount: ₹1,000
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Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | -- |
| 5 Years | 14.14% |
| 3 Years | 7.69% |
| 1 Year | 27.77% |
| 6 Months | 24.55% |
| Fund Details | |
|---|---|
| ISIN | INF917K01FC0 |
| Risk | Moderately High risk |
| Fund Type | Multi-Cap |
| NAV | 106.023 |
| Exit Load | 1% for 365 Days |
More about this fund
| Top Holdings | Weightage |
|---|---|
| HDFC Bank Ltd | 6.05% |
| ICICI Bank Ltd | 5.59% |
| HCL Technologies Ltd Shs Dematerialised | 5.34% |
| Tata Consultancy Services Ltd | 5.17% |
| Infosys Ltd | 4.79% |
| Reliance Industries Ltd Shs Dematerialised | 4.73% |
| Housing Development Finance Corp Ltd | 4.18% |
| Kotak Mahindra Bank Ltd | 2.96% |
| Avenue Supermarts Ltd | 2.85% |
| Ramco Cements Ltd | 2.56% |
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
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