About L&T Equity Savings Fund Direct-Growth
L&T Equity Savings Fund Direct-Growth 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
, Venugopal Manghat
and Praveen Ayathan
. It has an AUM of ₹123.38 Crores and the latest NAV decalared is ₹18.747 as on 13 Dec 2019 at 10:05 pm.
L&T Equity Savings Fund Direct-Growth scheme return performance in last 1 year is 4.46%, in last 3 years is 19.22% and 68.82% 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.