| Mutual Fund |
L&T Mutual Fund |
| Scheme Name |
L&T Nifty 50 Index Fund |
| Objective of Scheme |
The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty 50 index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty 50 index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/ loss plus dividend payments by the constituent stocks.
|
| Scheme Type |
Open Ended |
| Scheme Category |
Other Scheme - Index Funds |
| New Fund Launch Date |
24-Mar-2020 |
| New Fund Earliest Closure Date |
|
| New Fund Offer Closure Date |
07-Apr-2020 |
| Indicate Load Seperately |
Nil - If the units redeemed or switched out are upto 10% of the units purchased or switched in (“the limit”) within 1 year from the date of allotment.
1% - If units redeemed or switched out are over and above the limit within 1 year from the date of allotment.
Nil - If units are redeemed or switched out on or after 1 year from the date of allotment. |
| Minimum Subscription Amount |
5000 |
| For Further Details Please Visit Website |
www.ltfs.com |
