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L&T Mutual Fund is the most talked about AMC right now and the reason behind that is the top-notch performance that the schemes (L&T Emerging Businesses Fund, L&T Midcap Fund, etc.,) from this fund house have given over the years. Today, we are going to discuss one such great scheme which has shown great performance in past and has helped a lot of investors in achieving their financial goals.
Scheme Introduction
L&T Infrastructure Fund is a equity infrastructure sector scheme, which was launched on Sep 27, 2007, with the objective to generate capital appreciation by investing in infrastructure and related securities. The scheme diversifies its investments across various market-capitalization and at present has 35.89% investment in large-caps , 45.62% in mid-caps, and 18.49% in small-cap stocks.
This diversification helps the stock in providing stable returns even during the market volatility. The top holdings of the scheme include major players like Larsen & Toubro, Shree Cement, Grasim Industries, Graphite India, The Ramco Cements, and Bharti Airtel. For a detailed look at the portfolio, you can visit MySIPonline. Now, let's have a look at basic parameters of the scheme.
L&T Infrastructure Fund NAV as on Jul 27, 2018, is Rs 16.87 and the assest under management as recorded on Jun 30, 2018, are worth Rs 1,945 crores. The scheme also charge an annual expense ratio of 2.04%, and you will have to pay an extra 1% as exit load if you redeem your investment amount before 365 days. Now, let's see how this fund has performed in the recent years.
The fund has provided returns of 5.83%, 14.34%, and 26.22% in 1, 3, and 5 years, respectively (as on Jul 27, 2018) whereas the
returns given by the benchmark in same time period are -5.63%, 0.25%, and 8.54%. The huge difference in returns show the proficient management done by fund manager.
Why Should You Invest Now?
We all must have heard a common phase “Buy High, Sell Low”, and same is the case with L&T Infrastructure Fund. Currently, the net asset value of the scheme is moving between Rs 15.50- Rs 17, which is very near to the 1 year low (Rs 15.39). This is happening because of the underperformance of equity market from the past 6 months. The scheme attained an all time high NAV during the starting of the year, which was Rs 19.7 (as on Jan 08, 2018). So, if you invest now that means that you will be buying these units at a lower price and as the equity market will picking up the pace in the coming months your investments will automatically start increasing. How to Invest?
You can easily invest in this scheme by signing up at MySIPonline. All you have to do is visit the site, follow a simple sign up and KYC process, and within 15-20 minutes, you can start your investment. The minimum amount required to start investment in L&T Infrastructure Fund is Rs 5000 and you can start a SIP for as low as Rs 500.
Now, you know that what L&T Infrastructure Fund is and why it is the best time to make an investment in this scheme. The scheme has successfully provided investors with positive returns even when both the benchmark and category were giving returns in negative. So, don't wait up and start investing now. If you have any queries about this or any other mutual fund scheme, then you can connect with our experts at MySIPonline.