Click here for top ranked funds in equity savings mutual funds.
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.
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Scheme Information
Investment Objective
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.
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.
L&T Investment Management Ltd manages assets worth 78,226 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.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
About L&T Equity Savings of Income Distribution cum Cap Wrdl fund (RIDCW-M)
About L&T Equity Savings of Income Distribution cum Cap Wrdl fund (RIDCW-M)
L&T Equity Savings of Income Distribution cum Cap Wrdl fund (RIDCW-M) is a equity savings hybrid fund and has delivered an annualised return of 7.6% 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, Vihang Naik
L&T Equity Savings of Income Distribution cum Cap Wrdl fund (RIDCW-M) Investment Objective
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. However, there is no assurance that the objective of the scheme will be realized.
L&T Equity Savings of Income Distribution cum Cap Wrdl fund (RIDCW-M) NAV,AUM,Risk
The L&T Equity Savings of Income Distribution cum Cap Wrdl fund (RIDCW-M) fund was launched on Oct 18, 2011. The NAV (Net Asset Value) of this equity savings hybrid as of 2021-07-29 is ₹ 13.07. The total AUM (Asset Under Management) of the fund as of 2021-07-29 is ₹ 70.393. The category risk of the L&T Equity Savings of Income Distribution cum Cap Wrdl fund (RIDCW-M) fund is Moderately High risk.
The fund charges 1.55 % as expense ratio.
L&T Equity Savings of Income Distribution cum Cap Wrdl fund (RIDCW-M) Holdings
The fund’s highest allocation is towards equity and has invested 43.9% in this asset class. The top three holdings of the fund are 7.32% govt stock 2024,5.22% goi 2025 and amba river coke limited
L&T Equity Savings of Income Distribution cum Cap Wrdl fund (RIDCW-M) SIP
The minimum SIP (Systematic Investment Plan) amount for this 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.
L&T Equity Savings of Income Distribution cum Cap Wrdl fund (RIDCW-M) Investment volatility and Horizon
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to NIFTY Equity Savings TR INR
L&T Equity Savings of Income Distribution cum Cap Wrdl fund (RIDCW-M) Review
L&T Equity Savings of Income Distribution cum Cap Wrdl fund (RIDCW-M) has a score of 1 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, L&T Equity Savings of Income Distribution cum Cap Wrdl fund (RIDCW-M) has a score of 2 out of 5.
Scipbox has rated this fund 2 out of 5 based on consistency of performance over various years / tenures.
