About L&T Balanced Advantage Fund Direct - Dividend Payout
L&T Balanced Advantage Fund Direct - Dividend Payout is a Balanced
mutual fund scheme from L&T Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Vihang Naik
and Jalpan Shah
. It has an AUM of ₹630.54 Crores and the latest NAV decalared is ₹18.019 as on 07 Jun 2020 at 3:03 pm.
L&T Balanced Advantage Fund Direct - Dividend Payout scheme return performance in last 1 year is 3.55%, in last 3 years is 19.21% and 134.71% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments arbitrage opportunities in the cash and derivative segments of the equity markets.