About L&T Equity Savings Fund Direct - Dividend Monthly Payout
L&T Equity Savings Fund Direct - Dividend Monthly 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
and Venugopal Manghat
. It has an AUM of ₹83.93 Crores and the latest NAV decalared is ₹10.713 as on 09 Apr 2020 at 11:35 pm.
L&T Equity Savings Fund Direct - Dividend Monthly Payout scheme return performance in last 1 year is -10.35%, in last 3 years is 1.38% and 48.63% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
The scheme seeks to generate regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and debt and money market instruments and to generate long-term capital appreciation through unhedged exposure to equity and equity related instruments.