Frequently Asked Questions on L&T Mutual Fund
How can I check my L&T Mutual Fund status?
After you login to your Mobikwik account, your MF dashboard lets you see and track the status of your L&T MF investments. Alternatively, you can head over to the L&T website, and enter your PAN and your registered email ID for a smart statement to be delivered via an email, or receive a PDF of the statement on your email ID by entering your folio number.
How is L&T Mutual Fund?
L&T MF offers mutual fund schemes for all sorts of investors who are ready to take some risk in their investments, be those for short-term or long-term gains, and prefer a highly qualified fund management team. The many MF schemes allow both lump sum investments and SIP, and investors can start investing with amounts as low as 100 Rs. too, so they are very much accessible.
How Can I Withdraw Money from L&T Mutual Fund?
Given that L&T mutual funds are open-ended fund sand you’re not subjected to any conditions that might prohibit you from withdrawing money, all you have to do is find the fund on your Mobikwik MF dashboard, select ‘Redeem’, enter the amount you wish to withdraw and just like that the amount will be credited to your registered bank account.
How Can I Redeem My Mutual Fund Online?
Simply log into your Mobikwik account, visit your MF dashboard, select the L&T mutual fund of your choice, and click on the Redeem option, enter the number of units you wish to redeem and that gets credited to your registered bank account!
Which is the Best L&T Mutual Fund?
To choose the perfect Mutual Fund for yourself, you have to ask yourself three questions:
- What do you want out of this investment?
- Can you take risks? And if you can, are you willing to leap to a high risk MF or keep to a moderately low risk one?
- How long are you prepared to wait for the expected returns?
Once you have your answers, it should be easy for you to select your MF from the variety of options L&T has on offer. For example, if you’re going for moderately low risk ones, maybe the Money Market Fund or the Arbitrage Opportunities Fund is the one for you. Willing to take a high risk? Check out the India Value Fund or the Dynamic Equity Fund!
Is L&T Mutual Fund Good?
L&T MF has a widespread pool of satisfied investors and a great fund management team consisting of experienced professionals. L&T MF schemes are known for their good return percentages on an annual basis, allow both lump sum investments and SIP, and investors can start investing with amounts as low as Rs. 100. So all things considered, yes, it is good.