About L&T Equity Fund Direct-Dividend
L&T Equity Fund Direct-Dividend is a Equity
mutual fund scheme from L&T Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund manager Soumendra Nath Lahiri
. It has an AUM of ₹2,643.18 Crores and the latest NAV decalared is ₹34.554 as on 11 Nov 2019 at 9:00 pm.
L&T Equity Fund Direct-Dividend scheme return performance in last 1 year is 5.65%, in last 3 years is 30.52% and 125.89% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
The scheme aims to follow bottom up stock picking, without any bias for sectors or market capitalizations. The scheme will attempt to be fully invested in equities at all times, however, upto 20 per cent of its assets can be invested in cash and cash equivalents.