® 
Is your Credit Score >750?
Find Out for FREE
- Get low interest loans & Lifetime FREE credit cards
- Get customized Credit Health Report
- Improve your creditworthiness
Get your FREE Credit Score & Report in just 2 minutes
L&T Mutual Fund
L&T Mutual Fund is offered by L&T Financial Services as part of a range of financial products and services across rural, housing, wholesale financing and wealth management services. L&T Mutual Fund are offered through different funds that cater to various risk appetite of the investor. Equity Funds, Fixed Income Funds, Hybrid Funds and FMPs & Closed-Ended Funds are available with L&T Funds with various schemes to choose from. Detailed information has been outlined below.
Types of L&T Mutual Funds
Equity Funds
L&T Emerging Businesses Fund
| Description | An open-ended equity scheme predominantly investing in small cap stocks. |
| Objective | Create long-term capital appreciated from a diversified portfolio of equity and equity related securities, including equity derivatives. This scheme also invests in foreign securities. |
| Benchmark Index | S&P BSE Small Cap TRI Index |
| Minimum application amount | Initial Investment – Rs. 5,000 per application Additional Investment – Rs. 1,000 per application |
| SIP | Rs. 500 (minimum 6 monthly instalments or minimum 4 quarterly instalments) |
| Asset Allocation | 65%-100% in equity and equity related securities 0%-35% in debt and money market instruments |
| Entry Load | Nil |
| Exit Load | If the units redeemed or switched out are up to 10% of the units purchased or switched in (“the limit”) within 1 year from the date of allotment – Nil. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment – 1%. If units are redeemed or switched out on or after 1 year from the date of allotment – Nil. |
L&T Equity Fund
| Description | An open-ended equity scheme investing across large cap, mid cap and small cap stocks. |
| Objective | Create long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. |
| Benchmark Index | S&P BSE 500 TRI Index |
| Minimum application amount | Lump sum of Rs. 5,000 per application and in multiples of Re.1 thereafter |
| SIP | Rs. 500 (minimum 6 monthly instalments or minimum 4 quarterly instalments) |
| Asset Allocation | 65%-100% in equity and equity related securities including derivatives 0%-35% in debt and money market instruments 0%-10% in units issued by REITs and InvITs |
| Entry Load | Nil |
| Exit Load | If the units redeemed or switched out are up to 10% of the units purchased or switched in (“the limit”) within 1 year from the date of allotment – Nil. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment – 1%. If units are redeemed or switched out on or after 1 year from the date of allotment – Nil. |
L&T Focused Equity Fund
| Description | An open-ended equity scheme investing in maximum 30 stocks in large, mid and small cap companies. |
| Objective | Create capital appreciation by investing in equity and equity related instruments of maximum 30 stocks. |
| Benchmark Index | Nifty 500 TRI Index |
| Minimum application amount | Initial Investment – Rs. 5,000 per application Additional Investment – Rs. 1,000 per application |
| SIP | Rs. 500 (minimum 6 monthly instalments or minimum 4 quarterly instalments) |
| Asset Allocation | 80%-100% in equity and equity related securities 0%-20% in money market instruments |
| Entry Load | Nil |
| Exit Load | If the units redeemed or switched out are up to 10% of the units purchased or switched in (“the limit”) within 1 year from the date of allotment – Nil. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment – 1%. If units are redeemed or switched out on or after 1 year from the date of allotment – Nil. |
L&T Large and Midcap Fund
| Description | An open-ended equity scheme investing in both large cap and mid-cap stocks. |
| Objective | Create long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities with minimum allocation of at least 35% each to large cap and mid cap companies. |
| Benchmark Index | S&P BSE 200 TRI Index |
| Minimum application amount | Initial Investment – Rs. 5,000 per application Additional Investment – Rs. 1,000 per application |
| SIP | Rs. 500 (minimum 6 monthly instalments or minimum 4 quarterly instalments) |
| Asset Allocation | 80%-100% in equity and equity related securities 0%-20% in money market instruments |
| Entry Load | Nil |
| Exit Load | If the units redeemed or switched out are up to 10% of the units purchased or switched in (“the limit”) within 1 year from the date of allotment – Nil. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment – 1%. If units are redeemed or switched out on or after 1 year from the date of allotment – Nil. |
L&T Business Cycles Fund
| Description | An open-ended equity scheme |
| Objective | Generate long-term capital appreciation from a portfolio of predominantly equity and equity related securities including equity derivatives. |
| Benchmark Index | S&P BSE 200 TRI Index |
| Minimum application amount | Initial Investment – Rs. 5,000 per application Additional Investment – Rs. 1,000 per application |
| SIP | Rs. 500 (minimum 6 monthly instalments or minimum 4 quarterly instalments) |
| Asset Allocation | 80%-100% in equity and equity related securities 0%-20% in debt and money market instruments |
| Entry Load | Nil |
| Exit Load | If the units redeemed or switched out are up to 10% of the units purchased or switched in (“the limit”) within 1 year from the date of allotment – Nil. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment – 1%. If units are redeemed or switched out on or after 1 year from the date of allotment – Nil. |
L&T India Large Cap Fund
| Description | An open-ended equity scheme predominantly investing in large cap stocks. |
| Objective | Generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities including equity derivatives in the Indian market. |
| Benchmark Index | S&P BSE 100 TRI Index |
| Asset Allocation | 80%-100% in equity and equity related securities 0%-20% in money market instruments |
| Entry Load | Nil |
| Exit Load | If the units redeemed or switched out are up to 10% of the units purchased or switched in (“the limit”) within 1 year from the date of allotment – Nil. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment – 1%. If units are redeemed or switched out on or after 1 year from the date of allotment – Nil. |
L&T India Midcap Fund
| Description | An open-ended equity scheme predominantly investing in mid cap stocks. |
| Objective | Generate capital appreciation by investing primarily in midcap stocks. |
| Benchmark Index | Nifty Midcap 100 TRI Index |
| Minimum application amount | Initial Investment – Rs. 5,000 per application Additional Investment – Rs. 1,000 per application |
| Asset Allocation | 80%-100% in equity and equity related securities 0%-20% in money market instruments |
| Entry Load | Nil |
| Exit Load | If the units redeemed or switched out are up to 10% of the units purchased or switched in (“the limit”) within 1 year from the date of allotment – Nil. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment – 1%. If units are redeemed or switched out on or after 1 year from the date of allotment – Nil. |
L&T India Value Fund
| Description | An open-ended equity scheme that follows a value investment strategy |
| Objective | Generate long-term capital appreciation from diversified portfolio of equity and equity related securities in the Indian markets with more focus on undervalued securities. |
| Benchmark Index | S&B BSE 200 TRI Index |
| Minimum application amount | Initial Investment – Rs. 5,000 per application Additional Investment – Rs. 1,000 per application |
| SIP | Rs. 500 (minimum 6 monthly instalments or minimum 4 quarterly instalments) |
| Asset Allocation | 80%-100% in equity and equity related securities 0%-20% in money market instruments |
| Entry Load | Nil |
| Exit Load | If the units redeemed or switched out are up to 10% of the units purchased or switched in (“the limit”) within 1 year from the date of allotment – Nil. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment – 1%. If units are redeemed or switched out on or after 1 year from the date of allotment – Nil. |
L&T India Value Fund
| Description | An open-ended equity scheme that follows a value investment strategy |
| Objective | Generate long-term capital appreciation from a diversified portfolio of equity and equity related securities in the Indian markets with more focus on undervalued securities. |
| Benchmark Index | S&B BSE 200 TRI Index |
| Minimum application amount | Initial Investment – Rs. 5,000 per application Additional Investment – Rs. 1,000 per application |
| SIP | Rs. 500 (minimum 6 monthly instalments or minimum 4 quarterly instalments) |
| Asset Allocation | 80%-100% in equity and equity related securities 0%-20% in money market instruments |
| Entry Load | Nil |
| Exit Load | If the units redeemed or switched out are up to 10% of the units purchased or switched in (“the limit”) within 1 year from the date of allotment – Nil. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment – 1%. If units are redeemed or switched out on or after 1 year from the date of allotment – Nil. |
L&T Tax Advantage Fund
| Description | An open-ended equity linked savings scheme with a statutory lock in 3 years and tax benefit |
| Objective | Create long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities |
| Benchmark Index | S&B BSE 200 TRI Index |
| Minimum application amount | Initial Investment – Rs. 500 per application Additional Investment – Rs. 500 per application |
| SIP | Rs. 500 (minimum 6 monthly instalments or minimum 4 quarterly instalments) |
| Asset Allocation | 80%-100% in equity and equity related securities 0%-20% in money market instruments |
| Entry Load | Nil |
| Exit Load | Nil |
L&T Infrastructure Fund
| Description | An open-ended equity scheme investing in infrastructure sector |
| Objective | Generate capital appreciation by investing in equity and equity related instruments of companies in the infrastructure sector |
| Benchmark Index | Nifty Infrastructure TRI Index |
| Minimum application amount | Initial Investment – Rs. 5,000 per application Additional Investment – Rs. 1,000 per application |
| SIP | Rs. 500 (minimum 6 monthly instalments or minimum 4 quarterly instalments) |
| Asset Allocation | 80%-100% in equity and equity related securities 0%-20% in debt and money market instruments |
| Entry Load | Nil |
| Exit Load | If the units redeemed or switched out are up to 10% of the units purchased or switched in (“the limit”) within 1 year from the date of allotment – Nil. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment – 1%. If units are redeemed or switched out on or after 1 year from the date of allotment – Nil. |
Fixed Income Funds
L&T Cash Fund
| Description | An open-ended debt scheme that invests in overnight securities |
| Objective | Generate regular returns in line with overnight rates |
| Benchmark Index | CRISIL Liquid Fund Index |
| Minimum application amount | Growth and Dividend – Rs.10,000 per application Daily Dividend Option – Rs. 1,00,000 per application Additional Application Amount – Rs. 1,000 per application |
| Asset Allocation | 0%-100% in overnight securities having a maturity of one day |
| Entry Load | Nil |
| Exit Load | Nil If the AMC introduces an Exit Load, a switch-out or a withdrawal under SWP or transfer under STP may also attract the applicable Exit Load like any Redemption. No Exit Load/CDSC will be chargeable in case of switches made between different options of the Scheme. No Exit Load will be chargeable in case of (i) Units allotted on account of dividend reinvestments; and (ii) Units issued by way of bonus, if any |
L&T Resurgent India Bond Fund
| Description | An open-ended medium-term debt scheme that invests in instruments like the Macaulay duration of the portfolio between 3 and 4 years |
| Objective | Generate income by primarily investing in debt and money market securities |
| Benchmark Index | CRISIL Composite Bond Fund Index |
| Minimum application amount | Rs. 5,000 per application Additional Application Amount – Rs. 1,000 |
| Asset Allocation | 0%-100% in Debt instruments 0%-100% in Money market instruments 0%-10% in Units issued by REITs and InvITs |
| Entry Load | Nil |
| Exit Load | On or before 1 year from the date of allotment or Purchase applying First in First Out basis - 2% of applicable NAV After 1 year but on or before 2 years from the date of allotment or Purchase applying First in First Out basis - 1% of applicable NAV After 2 years - NIL |
L&T Liquid Fund
| Description | An open-ended liquid fund |
| Objective | Generate reasonable returns while maintaining safety and providing superior liquidity to the investor. Investments are predominantly made in a well-diversified and high liquid portfolio of money market instruments, government securities and corporate debt |
| Benchmark Index | CRISIL Liquid Fund Index |
| Minimum application amount | Weekly Dividend and Growth - 10,000 per application Daily Dividend Reinvestment Plan – Rs. 1,00,000 per application Additional Application Amount – Rs. 1,000 |
| Asset Allocation | 0%-100% in Debt securities 0%-100% in Money market instruments |
| Entry Load | Nil |
| Exit Load | Nil |
L&T Ultra Short-Term Fund
| Description | An open-ended ultra-short debt scheme that invests in instruments like the Macaulay duration of the portfolio between 3 months and 6 months |
| Objective | Generate reasonable and stable income and provide liquidity to the unit holder. To achieve this objective the scheme will invest predominantly in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The scheme will not invest in equities or equity related instruments. |
| Benchmark Index | CRISIL Liquid Fund Index |
| Minimum application amount | Growth/Weekly Dividend/Monthly Dividend/Semi-annual Dividend: Rs. 10,000 per application Additional Application Amount – Rs. 1,000 per application |
| Asset Allocation | 0%-100% in Debt securities 0%-100% in Money market instruments including call/cash money |
| Entry Load | Nil |
| Exit Load | Nil |
L&T Low Duration Fund
| Description | An open-ended low duration debt scheme that invests in instruments like the Macaulay duration of the portfolio between 6 months and 12 months |
| Objective | Generate reasonable returns primarily through investments in fixed income securities and money market instruments |
| Benchmark Index | CRISIL Short Term Bond Fund Index |
| Minimum application amount | Rs. 10,000 per application Additional Application Amount – Rs. 1,000 per application |
| Asset Allocation | 0%-100% in Debt securities 0%-100% in Money market instruments including call/cash money |
| Entry Load | Nil |
| Exit Load | If the units redeemed or switched out are up to 10% of the units purchased or switched in ("the limit") within 3 months from the date of allotment: NIL If the units redeemed or switched out are over and above the limit within 3 months from the date of allotment: 1% of Applicable NAV If the units redeemed or switched out on or after 3 months from the date of allotment: NIL |
L&T Banking and PSU Debt Fund
| Description | An open-ended debt scheme predominantly investing in debt instruments of banks, PSUs, public financial institutions and municipal bonds |
| Objective | Generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs) in India |
| Benchmark Index | CRISIL Short Term Bond Fund Index |
| Minimum application amount | Rs. 10,000 per application Additional Application Amount – Rs. 1,000 per application |
| Asset Allocation | 80%-100% in Debt and money market instruments/securities issued by Banks, Public Sector undertakings and Public Financial Institutions and Municipal Bonds 0%-20% indebt and Money market instruments |
| Entry Load | Nil |
| Exit Load | Nil |
L&T Credit Risk Fund
| Description | An open-ended debt scheme predominantly investing in AA and below rated corporate bonds |
| Objective | Generate regular returns and capital appreciation by primarily investing in AA and below rated corporate bonds, debt, government securities and money market instruments |
| Benchmark Index | CRISIL Short Term Bond Fund Index |
| Minimum application amount | Rs. 10,000 per application Additional Application Amount – Rs. 1,000 per application |
| Asset Allocation | 0%-100% in Debt instruments 0%-100% in Money Market instruments 0%-10% in Units issued by REITs and InvITs |
| Entry Load | Nil |
| Exit Load | if the units redeemed or switched-out are up to 10% of the units purchased or switched in ("the limit") within 1 year from the date of allotment: NIL If units redeemed or switched out are over and above the limit within 1 year from the date of allotment: 1 (% of Applicable NAV) If units are redeemed or switched out on or after 1 year from the date of allotment: NIL Bonus units and units issued on reinvestment of dividends shall not be subject to Exit Load. |
L&T Short Term Bond Fund
| Description | An open-ended short-term debt scheme investing in instruments such that Macaulay duration of the portfolio is between one and three years |
| Objective | Generate regular returns and capital appreciation by investing in debt, government and money market securities |
| Benchmark Index | CRISIL Short Term Bond Fund Index |
| Minimum application amount | Rs. 10,000 per application Additional Application Amount – Rs. 1,000 per application |
| Asset Allocation | 0%-100% in Debt instruments 0%-100% in Money Market instruments |
| Entry Load | Nil |
| Exit Load | Nil |
L&T Money Market Fund
| Description | An open-ended debt scheme investing in money market instruments |
| Objective | Generate regular income through investment in a portfolio comprising substantially of money market instruments |
| Benchmark Index | CRISIL Liquid Fund Index |
| Minimum application amount | Rs. 10,000 per application Additional Application Amount – Rs. 1,000 per application |
| Asset Allocation | 0%-100% in Money Market instruments |
| Entry Load | Nil |
| Exit Load | Nil If the AMC introduces an Exit Load, a switch-out or a withdrawal under SWP or transfer under STP may also attract the applicable Exit Load like any redemption |
L&T Gilt Fund
| Description | An open-ended debt scheme investing in government securities across maturity |
| Objective | Generate returns from a portfolio concentrating on Government securities |
| Benchmark Index | I-Sec Composite Index |
| Minimum application amount | Rs. 10,000 per application Additional Application Amount – Rs. 1,000 per application |
| Asset Allocation | 80%-100% in Government securities including Treasury Bills & CBLO 0%-20% in Money Market instruments |
| Entry Load | Nil |
| Exit Load | Nil |
L&T Triple Ace Bond Fund
| Description | An open-ended debt scheme predominantly investing in AA+ and above rated corporate bonds |
| Objective | Generate regular return by investing predominantly in AA+ and above rated debt and money market instruments |
| Benchmark Index | CRISIL Composite Bond Fund Index |
| Minimum application amount | Rs. 10,000 per application Additional Application Amount – Rs. 1,000 per application |
| Asset Allocation | 80%-100% in AA+ and above rated corporate debt instruments including CBLO 0%-20% in Money Market instruments |
| Entry Load | Nil |
| Exit Load | If the amount sought to be redeemed or switched out is invested for a period of up to 3 months from the date of allotment.: 0.5% of applicable NAV If the amount sought to be redeemed or switched out is invested for a period of more than 3 months from the date of allotment.: NIL |
L&T Flexi Bond Fund
| Description | An open-ended dynamic debt scheme investing across duration |
| Objective | Generate reasonable returns through a diversified portfolio of fixed income securities |
| Benchmark Index | CRISIL Composite Bond Fund Index |
| Minimum application amount | Rs. 10,000 per application Additional Application Amount – Rs. 1,000 per application |
| Asset Allocation | 0%-100% in Debt instruments 0%-100% in Money Market instruments 0% - 10% in Units issued by REITs and InvITs |
| Entry Load | Nil |
| Exit Load | Within 1 year from the date of allotment or Purchase applying First in First Out basis - 0.5% of applicable NAV After 1 year from the date of allotment or Purchase applying First in First Out basis – NIL |
Hybrid Funds
L&T Hybrid Equity Fund
| Description | An open-ended hybrid scheme investing predominantly in equity and equity related instruments |
| Objective | 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 |
| Benchmark Index | 70% - S&P BSE 200 TRI Index + 30% CRISIL Short Term Bond Fund Index |
| Minimum application amount | Rs. 5,000 per application Additional Application Amount – Rs. 1,000 per application |
| Asset Allocation | 65%-75% in Equity and Equity related securities 25%-35% in Debt & Money Market instruments including units of debt/fixed income schemes launched by mutual funds registered by SEBI |
| Entry Load | Nil |
| Exit Load |
|
L&T Conservative Hybrid Fund
| Description | An open-ended hybrid scheme investing predominantly in debt instruments |
| Objective | Generate regular income through investments in a range of Debt, Equity and Money Market Instruments. Income will be distributed only if the same is earned by the Scheme and there can be no assurance that the objective of the Scheme will be realized |
| Benchmark Index | CRISIL MIP Blended Fund Index |
| Minimum application amount | Rs. 10,000 per application Additional Application Amount – Rs. 1,000 per application |
| Asset Allocation | 75%-90% in Debt, Money Markets & Government Securities
|
| Entry Load | Nil |
| Exit Load |
|
L&T Balanced Advantage Fund
| Description | An open-ended dynamic asset allocation fund |
| Objective | Generate long term capital appreciation from a diversified portfolio of equity and equity related securities and to generate reasonable returns by investing in a portfolio of debt and money market instruments and arbitrage opportunities in the cash and derivatives segments of the equity markets |
| Benchmark Index | 50% S&P BSE 200 TRI and 50% CRISIL Short Term Bond Fund Index |
| Minimum application amount | Rs. 5,000 per application
|
| Asset Allocation |
|
| Entry Load | Nil |
| Exit Load |
|
L&T Arbitrage Opportunities Fund
| Description | An open-ended scheme investing in arbitrage opportunities |
| Objective | Generate reasonable returns by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments |
| Benchmark Index | Nifty 50 Arbitrage TRI Index |
| Minimum application amount | Rs. 5,000 per application
|
| Asset Allocation |
|
| Entry Load | Nil |
| Exit Load |
|
L&T Equity Savings Fund
| Description | An open-ended scheme investing in equity, arbitrage and debt |
| Objective | Generate regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets, debt and money market instruments and to generate long-term capital appreciation through unhedged exposure to equity and equity related instruments |
| Benchmark Index | Nifty 50 Arbitrage Index (75%) and S&P BSE 200 TRI (25%) |
| Minimum application amount | Rs. 5,000 per application
|
| Asset Allocation |
|
| Entry Load | Nil |
| Exit Load |
|
FMPs & Closed-Ended Funds
Fixed Maturity Plans – Series XVIII
| Description | Close ended Debt Fund |
| Objective | Achieve growth of capital through investments made in a basket of debt/ fixed income securities (including money market instruments) maturing on or before the maturity of the Scheme. |
| Benchmark Index | CRISIL Composite Bond Fund Index |
| Minimum application amount | Rs. 5,000 per application |
| Asset Allocation |
|
| Entry Load | Nil |
| Exit Load | Since the Units under a Plan will be listed on the National Stock Exchange, redemption request will not be accepted by the Fund directly before the Maturity Date |
Fixed Maturity Plans – Series XVII
| Description | Close ended Debt Fund |
| Objective | Achieve growth of capital through investments made in a basket of debt/ fixed income securities (including money market instruments) maturing on or before the maturity of the Scheme |
| Benchmark Index | CRISIL Composite Bond Fund Index |
| Minimum application amount | Rs. 5,000 per application |
| Asset Allocation |
|
| Entry Load | NA |
| Exit Load | NA |
Fixed Maturity Plans – Series XVI
| Description | Close ended Debt Fund |
| Objective | Achieve growth of capital through investments made in a basket of debt/ fixed income securities (including money market instruments) maturing on or before the maturity of the Scheme |
| Benchmark Index | CRISIL Composite Bond Fund Index |
| Minimum application amount | Rs. 5,000 per application |
| Asset Allocation |
|
| Entry Load | NA |
| Exit Load | NA |
Fixed Maturity Plans – Series XIV
| Description | Close ended Debt Fund |
| Objective | Achieve growth of capital through investments made in a basket of debt/ fixed income securities (including money market instruments) maturing on or before the maturity of the Scheme |
| Benchmark Index | CRISIL Composite Bond Fund Index |
| Minimum application amount | Rs. 5,000 per application |
| Asset Allocation |
|
| Entry Load | NA |
| Exit Load | Since the Units under a Plan will be listed on the National Stock Exchange, redemption request will not be accepted by the Fund directly before the Maturity Date |
L&T Emerging Opportunities Fund – Series I
| Description | Close ended Equity Fund predominantly investing in small cap stocks |
| Objective | Provide capital appreciation by primarily investing in equity and equity related instruments of small cap companies |
| Benchmark Index | S&P BSE Small Cap Index |
| Minimum application amount | Rs. 5,000 per application |
| Asset Allocation |
|
| Entry Load | NA |
| Exit Load | Since the Units under a Plan will be listed on the National Stock Exchange, redemption request will not be accepted by the Fund directly before the Maturity Date |
L&T Emerging Opportunities Fund – Series II
| Description | Close ended Equity Fund predominantly investing in small cap stocks |
| Objective | Provide capital appreciation by primarily investing in equity and equity related instruments of small cap companies |
| Benchmark Index | S&P BSE Small Cap TRI Index |
| Minimum application amount | Rs. 5,000 per application |
| Asset Allocation |
|
| Entry Load | NA |
| Exit Load | No redemption/repurchase of units shall be allowed prior to the maturity of the Scheme. Investors wishing to exit may do so through stock exchange mode |
Documents required for investing in L&T Mutual Fund
Apart from the submission of the application form for investing in a mutual fund scheme with L&T, there are some additional documents which are required.
- Updated KYC Form
- Self-attested PAN Card copy
- Proof of Identity
- Proof of Address
- Demand Draft or Cheque for making the payment
How to invest in L&T Mutual Fund?
The easiest and best way to invest in L&T Mutual Fund is online. L&T Mutual Fund has a dedicated portal for this service. One needs to create a login and password to access the account for all future transactions. As an existing customer of L&T Mutual Fund, there is no need for additional documents to open an account online and start transactions. It is also possible to view your existing investments through the online account.
One can download the application forms and other forms required from the official website of L&T Mutual Fund. The completed form can be submitted physically at any of the L&T Mutual Fund offices across the country.
FAQs: L & T Mutual Fund
1. How many funds does L&T Mutual Fund offer?
L&T Mutual Fund is broadly classified as Equity Funds, Fixed Income Funds, Hybrid Funds and FMPs & Closed-Ended Funds. These funds have different risk levels and objectives to cater to various requirements of investors.
2. Are Non-Resident Indians allowed to invest in L&T Mutual Fund?
Yes, NRIs are allowed to invest in L&T Mutual Fund. Specific guidelines have been laid out for such investors.
2. Can L&T Mutual Fund change the asset allocation when investing the funds from the investors?
Yes, the fund managers are allowed flexibility to change the pattern of investment depending on the market conditions for earning the best returns.
Write a review