L&T Mutual Fund – One of the Best Mutual Funds in India


L&T Equity Fund

L&T Equity Fund - Fund Facts

Fund objective To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities
Inception date May 16, 2005
Fund Managers S.N. Lahiri and Rajesh Pherwani
Benchmark index S&P BSE 200
SIP availability Yes
Options Growth and Dividend options available. The Dividend option offers payout or reinvestment facilities
Minimum Investment For lumpsum : Rs. 5,000 For SIP: Rs. 6,000 (minimum single investment Rs. 1000, minimum 6 cheques)
Entry Load NIL
Exit Load For redemption within 1 year from the date of allotment or Purchase applying First in First Out basis - 1.00%

A switch-out or a withdrawal under SWP may also attract an Exit Load like any Redemption. No Exit Loads/CDSC will be chargeable in case of switches made between different options of the Scheme.

No Exit loads will be chargeable in case of; (i) Units allotted on account of dividend reinvestments; and (ii) Units issued by way of bonus, if any.

In case of units switched out/systematically transferred to another option within the Scheme and if subsequently redeemed, for the purpose of determining the Exit Load, the date when such units were first allotted in the Scheme will be considered as the purchase/allotment date.
Annual Recurring Expenses (w.e.f 1st October 2012) On the first 100 crores daily net assets 2.70%
On the next 300 crores daily net assets 2.45%
On the next 300 crores daily net assets 2.20%
On the balance of the net assets 1.95%
In addition to the above Service tax will be charged on the Investment management Fees
Annual Recurring Expenses for Direct Plan (w.e.f 2nd January 2013) On the first 100 crores daily net assets 2.10%
On the next 300 crores daily net assets 1.85%
On the next 300 crores daily net assets 1.60%
On the balance of the net assets 1.35%
In addition to the above Service tax will be charged on the Investment management Fees

Dividend History

Dividend

L&T Equity Fund - Overview

You could invest in a large cap, mid cap or small cap fund; select a growth or a value fund. Or, you could choose the five-in-one L&T Equity Fund. The fund invests across cap sizes and in value and growth stocks as well. What you get is one solid fund that spells quality.

Click here to download the Fund One Pager

L&T Equity Fund - Key Benefits

Ideal ‘core’ investment No sector, market cap or investment style bias
Greater diversification Invests across small, mid and large caps, value and growth stocks
360-degree research Every stock is handpicked and stock selection is underpinned by first-hand research
SIP available Investment instalments can be planned as part of a monthly budget

L&T Equity Fund - Features

Investment Style Details

Scheme Classification An open ended equity growth scheme
Investment Objective To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

Normal Asset Allocation

Equity and equity related securities 95%
Money market instruments 5%

Terms of issue

Units are available on an ongoing basis at the Applicable NAV.

Minimum purchase amount Rs. 5,000
Minimum additional purchase amount Rs. 1000
Minimum redemption amount/units Rs. 1,000/100 Units

Scheme Information Document, Key Information Memorandum and Application Forms / Transaction Slips available at the ISCs / distributors.

Statutory

L&T Mutual Fund has been established as a trust under the Indian Trust Act, 1882 by L&T Finance Limited, Sponsor/ Settlor (liability restricted to the seed corpus of Rs. 1 lakh) with L&T Mutual Fund Trustee Limited as the Trustee Company and L&T lnvestment Management Limited as the Investment Manager.

Loads

Entry NIL
Exit For redemption within 1 year from the date of allotment or Purchase applying First in First Out basis - 1.00%

A switch-out or a withdrawal under SWP may also attract an Exit Load like any Redemption. No Exit Loads/CDSC will be chargeable in case of switches made between different options of the Scheme.

No Exit loads will be chargeable in case of; (i) Units allotted on account of dividend reinvestments; and (ii) Units issued by way of bonus, if any.

In case of units switched out/systematically transferred to another option within the Scheme and if subsequently redeemed, for the purpose of determining the Exit Load, the date when such units were first allotted in the Scheme will be considered as the purchase/allotment date.

General Services

Investors can contact any of the ISCs at its toll-free number " 1800 2000 400 ". NAVs will be calculated and published on all Business Days. Purchase/Redemption on all Business Days.

Risk factors

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

L&T Equity Fund - How to Invest

To invest online

In case you require any more information on investing in the L&T Mutual Fund, please call our toll-free Investor Line on 1800 2000 400 between 9am to 6pm on any business day.

To invest offline

Click here to download the KIM and Application form.
Or
Contact your Relationship Manager at your bank, your adviser or your distributor for an application form.

Mutual Funds Investments are subject to market risks, read all schemes related documents carefully.

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If you have not completed the KYC formalities, you will have only a "view" access till we receive and process your registration /linking form, accepted terms and conditions, KYC form and other supporting documents.