NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹41.47
-0.67%
NAV as on 21 Nov 22, 12:00 AM
very high risk
large cap
equity
NAV as on 21 Nov 22, 12:00 AM
very high risk
large cap
equity
-0.33%p.a.
Last 1Y
13.14%p.a.
Last 3Y
10.19%p.a.
Last 5Y
10.04%p.a.
Since Inception
About L&T India Large Cap Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the L&T India Large Cap Fund Growth scheme from L&T Investment Management Ltd. It is a Large-Cap mutual fund scheme that predominantly invests in Large-Cap stocks of companies. Launched on Oct 2007, L&T India Large Cap Fund Growth is Large-Cap fund of its category with 757.87 Cr fund under management as on Nov 2022. The expense ratio of this fund is less than that of most other Fund category Large-Cap funds.
- L&T India Large Cap Fund Growth delivered -0.3% annual returns during the last year. It has delivered 10.0% average annual returns since the fund was launched.
- L&T India Large Cap Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
To generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets. The Scheme will predominantly invest in large cap stocks. The Scheme could also additionally invest in Foreign Securities.There is no assurance that the investment objective of the scheme will be realized.
Top 10 Holdings
ICICI Bank Ltd
8.80%
HDFC Bank Ltd
6.54%
Infosys Ltd
5.56%
Reliance Industries Ltd
5.43%
State Bank of India
4.79%
ITC Ltd
4.53%
Sun Pharmaceuticals Industries Ltd
4.21%
Mahindra & Mahindra Ltd
3.72%
Bharti Airtel Ltd
3.48%
NTPC Ltd
3.42%
Fund Managers
- Venugopal Manghat (Nov 2012 - Present)
- Cheenu Gupta (Jul 2021 - Present)
- Sonal Gupta (Jul 2021 - Present)
Key Information
View Scheme Document
L&T India Large Cap Fund Growth SIP Calculator
If invested
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For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on L&T India Large Cap Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in L&T India Large Cap Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in L&T India Large Cap Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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