CLOSED
NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%
L&L&T MF

L&T Contra Fund - Cumulative

equityEquity - Contra FundBenchmark: NIFTY 500
NAV · 23 Nov 2012₹9.97-0.20%
AUM₹7 Cr
Expense Ratio2.53%
CAGR—
Exit Load1% on or before 1Y,Nil-after 1Y
Min SIP₹1,000
Launched2006

Investment Objective

To generate capital appreciation by investing in equity and equity related instruments by using a 'contrarian strategy'. 'Contrarian investing' refers to buying into fundamentally sound scripts which have underperformed/not performed to their full potential in their recent past.

Fund Mandate

Debt0%–35%
Equity65%–100%
MMI0%–35%
Others0%–35%
Asset Allocation
Domestic Equity85.4%
Cash & Equivalents12.2%
Other2.4%
Fund Managers
PG
Pankaj Gupta
Fund Manager
Key Information
2.53%
₹1,000
₹5,000
1% on or before 1Y,Nil-after 1Y
Nil
Inception27 Feb 2006
AMCL&T MF
Top Holdings
1COLLATERALISED BORROWING AND LENDING OBLIGATION14.99%
2ICICI Bank Ltd.Banks7.43%
3Reliance Industries Ltd.Petroleum Products7.03%
4Infosys Ltd.Software4.25%
5Indian Tobacco Company Ltd.Consumer Non Durables3.41%
6Bharti Airtel Ltd.Telecom - Services3.28%
7Max India LtdIndustrial Products2.83%
8Exide Industries Ltd.Auto Ancillaries2.66%
9State Bank of IndiaBanks2.63%
10Federal Bank Ltd.Banks2.60%
Sector Allocation
Other15.0%
Banks14.5%
Petroleum Products9.0%
Consumer Non Durables5.9%
Software4.3%
Telecom - Services3.3%
Industrial Products2.8%
Auto Ancillaries2.7%
Finance2.5%
Oil2.4%
Auto2.4%
Media & Entertainment2.3%
Pharmaceuticals2.3%
Non-Ferrous Metals2.2%
Cement1.9%
On This Page
NAV growthAsset allocationTop holdings
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Latest News

No recent news found for L&T Contra Fund - Cumulative.

L&T MF Latest News

Trailing Returns
PeriodReturns
1 Day-0.20%
Risk Metrics

Risk metrics are not available for this fund.

Fees
2.53%
1% on or before 1Y,Nil-after 1Y
Nil
₹1,000
₹5,000
Capital Gains Tax, general rules

This is an equity-oriented fund. Under rules effective since Budget 2024 (23 July 2024):

Short-Term Capital Gains (held ≤ 12 months): taxed at a flat 20%.

Long-Term Capital Gains (held > 12 months): taxed at 12.5% on gains above ₹1.25 lakh in a financial year, with no indexation benefit.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme