L&T Mutual Fund

L&T Mutual Fund offers a bouquet of mutual fund schemes for investors of various investing ideologies. It is one of the pioneering asset management companies of India that has made a mark of its own in the financial industry. L&T Investment Management Limited is the Asset Management Company for all L&T Mutual Fund schemes.

The fund was launched on 3rd January 1997 and as of June 2018, it has an asset under management of Rs.71118.29 crores. Being a well-known brand in India, this AMC maintains a reputation to giving consistent returns to investors and has funds performing brilliantly across different categories.

Over the last twenty one years, this fund has put investor needs to the forefront and will continue to do so in the future as well.

Key information

Mutual fundL&T Mutual Fund
Asset management companyL&T Investment Management Ltd.
Set up3 January 1997
Incorporated25 April 1996
SponsorsL&T Finance Holdings Ltd.
TrusteeL&T Mutual Fund Trustee Ltd.
Name of trusteesMr. S. V. Haribhakti (Independent Director)Mr. V. Natarajan (Independent Director)Mr. Hemant Y. Joshi (Independent Director)Ms. Malini Thadani (Independent Director)
MD and CEOMr. Kailash Kulkarni
CIOMr. Soumendra Nath Lahiri
Investor Service OfficerMr. Ankur Banthiya
Compliance OfficerMs. Pushpavathi Kaundar

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How can you invest in Lt Mutual Funds?

The L&T tax saving schemes aim at making investment simpler for retail investors by providing tax exemptions under Section 80 'C' of the Income Tax Act. The scheme usually invests in equity and equity related securities so that the returns generated are healthy and the maximum exemption limit is 1,50,000.

Top Performing Lt Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
L&T Midcap FundEquityHigh-15.2%5star4,805
L&T Infrastructure FundEquityHigh-16.1%5star1,695
L&T Emerging Businesses FundEquityHigh-19.4%4star5,611
L&T India Value FundEquityModerately High-10.9%4star7,716
L&T Flexi Bond FundDebtModerate12.6%4star57
L&T Arbitrage Opportunities FundHybridModerately Low7.1%3star798
L&T Banking & PSU Debt FundDebtModerately Low9.4%3star1,010
L&T Credit Risk FundDebtModerate5.3%3star2,682
L&T Liquid FundDebtLow7.3%3star11,603
L&T Short Term Bond FundDebtModerately Low10.0%3star4,281
L&T Ultra Short Term FundDebtModerately Low8.6%3star2,541
L&T Hybrid Equity FundHybridModerately High-4.5%3star8,397
L&T Dynamic Equity FundHybridModerately High3.0%3star536
L&T Money Market FundDebtModerately Low7.2%3star723
L&T Gilt FundDebtModerate14.0%3star128
View All Top Performing Lt Mutual Funds

Top Fund Managers

The main objective of L&T equity fund is to invest in various equity and equity related securities and derivatives in order to provide its investors with substantial returns in the long-run. It also aims at long-term capital appreciation for its investors and is predominantly designed for investors who want substantial returns on their investment and are willing to take moderate to high risk.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

L&T Midcap Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Mid Cap segment and provided 7.45% annualized returns in the last 3 years. In the last 1 year, it gave -15.18% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -15.18% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Equity mutual fund in India.

Launch Date31 Dec 2012
Min Investment AmtNaN
AUM4,805Cr
1Y Returns-15.2%

L&T Infrastructure Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 6.49% annualized returns in the last 3 years. In the last 1 year, it gave -16.06% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -16.06% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Equity mutual fund in India.

Launch Date31 Dec 2012
Min Investment AmtNaN
AUM1,695Cr
1Y Returns-16.1%

L&T Emerging Businesses Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Small Cap segment and provided 8.11% annualized returns in the last 3 years. In the last 1 year, it gave -19.37% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -19.37% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Equity mutual fund in India.

Launch Date11 May 2014
Min Investment AmtNaN
AUM5,611Cr
1Y Returns-19.4%

L&T India Value Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Value segment and provided 6.91% annualized returns in the last 3 years. In the last 1 year, it gave -10.92% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -10.92% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Equity mutual fund in India.

Launch Date31 Dec 2012
Min Investment AmtNaN
AUM7,716Cr
1Y Returns-10.9%

L&T Flexi Bond Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Dynamic segment and provided 8.1% annualized returns in the last 3 years. In the last 1 year, it gave 12.61% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 12.61% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment AmtNaN
AUM57Cr
1Y Returns12.6%

L&T Arbitrage Opportunities Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Arbitrage segment and provided 6.77% annualized returns in the last 3 years. In the last 1 year, it gave 7.06% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.06% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Hybrid mutual fund in India.

Launch Date29 Jun 2014
Min Investment AmtNaN
AUM798Cr
1Y Returns7.1%

L&T Banking and PSU Debt Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Banking & PSU segment and provided 7.82% annualized returns in the last 3 years. In the last 1 year, it gave 9.44% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 9.44% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment AmtNaN
AUM1,010Cr
1Y Returns9.4%

L&T Credit Risk Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Credit Risk segment and provided 6.86% annualized returns in the last 3 years. In the last 1 year, it gave 5.3% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 5.3% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment AmtNaN
AUM2,682Cr
1Y Returns5.3%

L&T Liquid Plan Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Liquid segment and provided 7.11% annualized returns in the last 3 years. In the last 1 year, it gave 7.34% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.34% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date30 Dec 2012
Min Investment AmtNaN
AUM11,603Cr
1Y Returns7.3%

L&T Short Term Bond Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Short Duration segment and provided 7.85% annualized returns in the last 3 years. In the last 1 year, it gave 9.96% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 9.96% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment AmtNaN
AUM4,281Cr
1Y Returns10.0%

L&T Ultra Short Term Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Ultra Short Duration segment and provided 7.77% annualized returns in the last 3 years. In the last 1 year, it gave 8.55% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 8.55% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment AmtNaN
AUM2,541Cr
1Y Returns8.6%

L&T Hybrid Equity Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 7.17% annualized returns in the last 3 years. In the last 1 year, it gave -4.51% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -4.51% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Hybrid mutual fund in India.

Launch Date31 Dec 2012
Min Investment AmtNaN
AUM8,397Cr
1Y Returns-4.5%

L&T Balanced Advantage Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Balanced Advantage segment and provided 7.14% annualized returns in the last 3 years. In the last 1 year, it gave 2.97% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 2.97% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Hybrid mutual fund in India.

Launch Date31 Dec 2012
Min Investment AmtNaN
AUM536Cr
1Y Returns3.0%

L&T Money Market Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Money Market segment and provided 7.87% annualized returns in the last 3 years. In the last 1 year, it gave 7.23% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.23% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment AmtNaN
AUM723Cr
1Y Returns7.2%

L&T Gilt Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Gilt segment and provided 8.1% annualized returns in the last 3 years. In the last 1 year, it gave 13.96% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 13.96% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment AmtNaN
AUM128Cr
1Y Returns14.0%

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Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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