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 ₹698.71 Crores and the latest NAV decalared is ₹18.192 as on 27 Feb 2020 at 11:35 pm.
L&T Balanced Advantage Fund Direct - Dividend Payout scheme return performance in last 1 year is 8.28%, in last 3 years is 23.11% and 133.94% 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.