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 Jalpan Shah
, Soumendra Nath Lahiri
and Praveen Ayathan
. It has an AUM of ₹645.15 Crores and the latest NAV decalared is ₹18.556 as on 14 Nov 2019 at 10:35 pm.
L&T Balanced Advantage Fund Direct-Dividend Payout scheme return performance in last 1 year is 9.07%, in last 3 years is 26.35% and 131.17% 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.