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L&T India Value Fund Review

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L&T India Value Fund

About L&T Mutual Fund  

Founded in the year 2010, L&T mutual fund is a part of L&T finance holdings Ltd. It has an Assets Under Management (AUM) of more than INR 73,000 crore (ending September 2018). They believe in the vision to be Inspirational, Sustainable, and an Admirable institution.  

There are certain benefits of L&T Mutual FundHere: 

  • Fund managers and analysts are expertise in providing new ideas.  
  • l&t mutual fund customer care follow up at every step with the client. 
  • Reliability, forgiving, and clarity are their goals.  
  • Prefer talking in the language of the investor. 

About L&T India Value Fund 

L&T India Value Fund is an equity mutual fund scheme that was launched by L&T mutual fundLater on, it was launched on 8th Jan 2010 to its investors. Currently, the fund is managed by Karan Desai, and Venugopal Manghat. Talking about AUM, it is of INR 7895 Cr and the latest NAV is of INR 35.71 (dated as of 6th Jan 2020). The fund growth is rated moderately high risk. The minimum SIP investment is INR 500, and, lumpsum investment is INR 5000. 1% will be charged for redemption within a year in excess of units of 10% of the investment.  

Tax Implications 

Returns are taxed at 15%, only if you redeem before a year. After a year, you are required to payLong Term Capital Gain tax of 10% on returns of INR 1 Lakh+ in a financial year.  

Top Holdings 

Top Holdings Weightage
ICICI Bank Ltd 7.97%
Reliance Industries Ltd 7.69%
HDFC Bank Ltd 4.93%
Housing Development Finance Corp Ltd 4.35%
Infosys Ltd 4.12%
State Bank of India 3.54%
Larsen & Toubro Ltd 3.35%
Axis Bank Ltd 3.33%
HCL Technologies Ltd 2.34%
Coromandel International Ltd 1.80%

 

How to Invest L&T India Value Fundwith Gulaq?  

L&T India Value Fund investment is not a fuss, especially with Gulaq. With hassle-free and paperless documentation, the summing-up of your investment journey becomes easy. All you need to do is: 

  • Sign-in at gulaq.com. You can also check your KYC for FREE  
  • Fetch in your amount (whether SIP or lumpsum) 
  • Submit ‘Invest Now’ 

*Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.

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