- Mutual Funds
- L&T Mutual Fund
- L&T Equity Savings fund (RIDCW-M)
Formerly L&T Equity Savings Mn DR
L&T Equity Savings fund (RIDCW-M)
₹ 12.972
NAV (Aug 05)
However, Scripbox does not recommend investing in equity savings mutual funds.
Equity Savings funds are primarily equity funds with a small exposure of minimum 10% to debt instruments.
These funds are close to equity funds in terms of market linked fluctuations.It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Scripbox Recommended Equity Funds
Want the large cap equity funds that are right for your long term equity investment needs?
Learn more
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 12.972
NAV (Aug 5)
Fund Returns
Last 1Y | 3.9% |
Last 3Y | 10.8% |
Last 5Y | 6.7% |
Last 10Y | 7.6% |
Since Inception | 7.5% |
6 Month CAGR | 0.4% |
Scheme Information
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.There is no assurance that the investment objective of the scheme will be realized.
Expense Ratio | 1.58 |
Launched (11y ago) | Oct 18, 2011 |
AUM in Crores | 195.561 |
ISIN | INF917K01973 |
Lock-in | No Lock-in |
Benchmark | NIFTY Equity Savings TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Returns Calculator Comparison
of
for
with step up of
| Instrument | Returns | Total Corpus | Gains | Annualised % |
|---|---|---|---|---|
| Mutual Fund | 965,796 | 233,184 | 11.25% | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
cash offset for derivatives
41.2%6.18% govt stock 2024
10.2%5.22% govt stock 2025
9.8%7.32% govt stock 2024
5.3%(b) tri party repo dealing system (treps)
5.2%Allocation by Sector
financial services
18.4%basic materials
13.5%consumer cyclical
11.7%technology
6.4%consumer defensive
6%Comparison with Hybrid Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 25,788 cr | ||
₹ 25,788 cr | ||
₹ 25,788 cr | ||
₹ 25,788 cr | ||
₹ 25,788 cr |
About the AMC
L&T Investment Management Ltd
L&T Investment Management Ltd manages assets worth 72,101 crores and was set up on 25 April 1996. It's current offering of mutual fund schemes includes 36 equity,71 debt and 24 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.1% | 5.7% | ||
3.9% | 5% | ||
6.6% | 6.9% | ||
3.9% | 5.1% | ||
3.9% | 5.1% |
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsL&T Equity Savings fund (RIDCW-M) Review
L&T Equity Savings fund (RIDCW-M) is a Equity Savings Hybrid fund and has delivered an annualised return of 7.5% over a period of 10 years. The fund was previously known as L&T Equity Savings Mn DR. The fund is managed by L&T Investment Management Ltd. The fund managers are Cheenu Gupta, Jalpan Shah, Praveen Ayathan, Venugopal Manghat.
Nav of L&T Equity Savings fund (RIDCW-M) as of 8/5/2022 is ₹12.97 with the total AUM as of 8/8/2022 is ₹195.561. With Scripbox you can compare and check the latest nav for all mutual funds in India. L&T Equity Savings fund (RIDCW-M) was launched on Oct 18, 2011. The category risk of the fund is Moderate Risk.
The minimum SIP amount for L&T Equity Savings fund (RIDCW-M) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Frequently Asked Questions
What is L&T Equity Savings fund (RIDCW-M)?
How to invest in L&T Equity Savings fund (RIDCW-M)?
You can invest in L&T Equity Savings fund (RIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of L&T Equity Savings fund (RIDCW-M)?
The minimum sip amount for L&T Equity Savings fund (RIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is L&T Equity Savings fund (RIDCW-M) good to invest in?
As per Scripbox experts, L&T Equity Savings fund (RIDCW-M) is a Not Recommended fund. You can investL&T Equity Savings fund (RIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the L&T Equity Savings fund (RIDCW-M)?
The expense ratio of the L&T Equity Savings fund (RIDCW-M) is 1.58% for regular plan.