L&T Employee Benefit Programme ("the Programme") is an offering aimed at Salaried Employees working in an organization. This facility is designed to help organizations preserve talent and for their employees to get an initial taste of wealth creation. This facility is available to every empanelled organisations and their eligible employees.
The fundamental objective of this Programme is to handhold modern day organisations to consider involving financial security for their employees as an integral part of their compensation and benefits. The Programme endeavors employees to make the most of the money invested in the funds of L&T Mutual Fund that range from pure debt to pure equity.
As employees prosper, their employers prosper. This programme therefore aims at enhancing the organisation's profitability.
|Choosing to systematically agreeing to contribute a part of their salary towards savings in the eligible schemes of L&T Mutual Fund of their choice. [Note: All schemes apart from closed - ended schemes and monthly income schemes are eligible under this Programme. L&T Tax Advantage Fund is a non-eligible scheme for the employer in case it wants to jointly invest]|
|Controlling wasteful expenditures and planning for future goals.|
|Emergency fund: Employees currently survive in a financially stressful environment wherein they usually resort to credit for any additional fund requirement. This process encourages systematic investment thereby creating an emergency pool.|
|Liquidity: Employee can choose to exit the Programme at any time of his choice. Kindly refer terms and conditions of this programme.|
|Opportunity of Saving Tax: Employees can avail tax deduction under Section 80C of the Income Tax Act, 1961 on investing funds in such eligible programmes and also gets the potential upside of investing in the equity markets.|
To know more about the program, you can email us at: firstname.lastname@example.org
or call us at 1800 2000 400 / 1800 2000 600
L&T Employee Benefit Programme is a special facility available in the select schemes of L&T Mutual Fund (LTMF) to systematically deduct the desired amount from the salary of the employees and invest the same to LTMF on any date (working day) of the month or the quarter. Entry load will be nil and Exit load as applicable in the respective scheme at the time of registration. Past performance of the Sponsor / AMC / Mutual Fund is not indicative of the future performance of the scheme. The NAV of the scheme may be affected, interalia, by changes in the market conditions, interest rates, trading volumes, settlement periods and transfer procedures. Investments in mutual funds and secondary markets inherently involve risks and recipient should consult their legal, tax and financial advisors before investing. For details of program' features apart from those mentioned above and for scheme related features including specific details on risk factors, please refer to the scheme Scheme Information Documents which are available at all the Investor Service Centre's (ISCs) and Distributors and also on the website of LTMF www.ltmf.com. The tax benefits are as per the current Income Tax laws & rules and any other law for the time being in force. L&T Investment Management Limited (The AMC) reserves the right to add/modify the list of eligible schemes. The AMC reserves the right to change the features of the program.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
CL No. CL03961