L&T India Value Fund Direct Plan
Scheme Type
Open-ended
Scheme Category
Multi-Cap
Benchmark Type
S&P BSE 200
Scheme AUM (in Crs.)
₹ 7918.94
Expense Ratio
1.44%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 69080
Min Subscription
₹ 5000
Min Addition Subscription
₹ 1000
Performance
Comparison
Portfolio
Details
Analysis
AMC Details
Launch Date
03 Jan 1997
Sponsor
NA
Email
Phone
022 - 66554000
Address
27th Floor, Unit 1, Centre 1,World Trade Centre,,Cuffe Parade,Colaba, Mumbai - 400 005
Tax Implications
Short Term Capital Gain (Holding period < 12months):
17.16% - 17.94%
(15% + Surcharge @ 10%-15% + 4% Health & Education Cess.)
Long Term Capital Gain:
10% without indexation & without foreign currency conversion benefit + Surcharge @10%-15% + 4% Health & Education Cess
Taxation on Dividends:
10%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
Moderately High
Exit Load
Exit load of 1%, if redeemed between (0-1) years. No Exit load, if redeemed after 1 years.
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
To generate long-term capital appreciation from diversified portfolio of predominantly equity and equity related securities, in the Indian markets with higher focus on undervalued securities. The Scheme could also additionally invest in Foreign Securities in international markets.
Suitability
This product is suitable for investors who are seeking
• An open-ended equity growth scheme
• Long term capital appreciation
• Investment predominantly in equity and equity-related securities in Indian markets and foreign securities, with higher focus on undervalued securities.
Fund Analysis
The fund managed by Venugopal Manghat and Karan Desai invests in companies which are undervalued. The fund seems to be relatively overweight on large caps than its peers which helps it to perform well even in the downmarket. The value strategy makes the fund a satisfactory option during the short term but proves to be a better investment over a 3 to 5years time period. The skilful fund strategy of value investing and yet a low portfolio churning makes it a buy in the multicap category.
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
₹1,000
Investment per month for 0.5 Years
₹5,787
Portfolio Value
₹-213
Total Returns
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