L&L&T MFIDCW

L&T Contra Fund - Dividend

equityEquity - Contra FundBenchmark: NIFTY 500
NAV · 23 Nov 2012₹9.97-0.20%
AUM₹7 Crfrom this fund's primary plan
Expense Ratio2.53%
CAGR
Exit Load1% on or before 1Y,Nil-after 1Y
Min SIP₹1,000from this fund's primary plan
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%
Fund Managers
PG
Pankaj Gupta
Fund Manager
Key Information
2.53%
₹1,000from this fund's primary plan
₹5,000
1% on or before 1Y,Nil-after 1Y
Nil
Inception27 Feb 2006
AMCL&T MF
Top Holdings

Portfolio holdings not disclosed for this fund yet.

Latest News

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

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
₹1,000from this fund's primary plan
₹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