Top 10 Lt Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
L&T Midcap FundEquityHigh-6.5%5star3,733
L&T Money Market FundDebtModerately Low8.0%5star936
L&T Infrastructure FundEquityHigh-8.8%5star1,790
L&T Banking & PSU Debt FundDebtModerately Low6.2%4star108
L&T Emerging Businesses FundEquityHigh-11.9%4star5,516
L&T India Value FundEquityModerately High-3.6%4star7,726
L&T Tax Advantage FundEquityModerately High-4.0%4star3,074
L&T Flexi Bond FundDebtModerate7.8%4star54
L&T Gilt FundDebtModerate7.4%4star127
L&T Arbitrage Opportunities FundHybridModerately Low6.5%3star685
L&T Liquid FundDebtLow7.5%3star17,014
L&T Short Term Bond FundDebtModerately Low7.8%3star3,251
L&T Ultra Short Term FundDebtModerately Low8.0%3star1,997
L&T Hybrid Equity FundHybridModerately High0.1%3star9,446
L&T Equity FundEquityModerately High-0.5%3star2,518
View All Top 10 Lt Mutual Funds

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.

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 17.29% annualized returns in the last 3 years. In the last 1 year, it gave -6.48% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -6.48% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Soumendra Nath Lahiri, Vihang Naik

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating5star
AUM3,733Cr
1Y Returns-6.5%

L&T Money Market Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Money Market segment and provided 8.43% annualized returns in the last 3 years. In the last 1 year, it gave 8.03% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 8.03% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Jalpan Shah, Vikas Garg

Launch Date31 Dec 2012
Min Investment Amt10,000
Groww Rating5star
AUM936Cr
1Y Returns8.0%

L&T Infrastructure Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 16.56% annualized returns in the last 3 years. In the last 1 year, it gave -8.75% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -8.75% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Soumendra Nath Lahiri

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating5star
AUM1,790Cr
1Y Returns-8.8%

L&T Banking & PSU Debt Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Banking & PSU segment and provided 7.51% annualized returns in the last 3 years. In the last 1 year, it gave 6.24% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.24% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Shriram Ramanathan, Jalpan Shah

Launch Date31 Dec 2012
Min Investment Amt10,000
Groww Rating4star
AUM108Cr
1Y Returns6.2%

L&T Emerging Businesses Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Small Cap segment and provided 20% annualized returns in the last 3 years. In the last 1 year, it gave -11.89% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -11.89% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Soumendra Nath Lahiri, Karan Desai

Launch Date11 May 2014
Min Investment Amt5,000
Groww Rating4star
AUM5,516Cr
1Y Returns-11.9%

L&T India Value Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Value segment and provided 14.54% annualized returns in the last 3 years. In the last 1 year, it gave -3.6% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -3.6% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Venugopal Manghat, Karan Desai

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating4star
AUM7,726Cr
1Y Returns-3.6%

L&T Tax Advantage Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in ELSS segment and provided 14.54% annualized returns in the last 3 years. In the last 1 year, it gave -3.95% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -3.95% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Soumendra Nath Lahiri

Launch Date31 Dec 2012
Min Investment Amt500
Groww Rating4star
AUM3,074Cr
1Y Returns-4.0%

L&T Flexi Bond Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Dynamic segment and provided 8.09% annualized returns in the last 3 years. In the last 1 year, it gave 7.77% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.77% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Shriram Ramanathan, Jalpan Shah

Launch Date31 Dec 2012
Min Investment Amt10,000
Groww Rating4star
AUM54Cr
1Y Returns7.8%

L&T Gilt Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Gilt segment and provided 7.74% annualized returns in the last 3 years. In the last 1 year, it gave 7.44% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.44% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Shriram Ramanathan, Jalpan Shah

Launch Date31 Dec 2012
Min Investment Amt10,000
Groww Rating4star
AUM127Cr
1Y Returns7.4%

L&T Arbitrage Opportunities Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Arbitrage segment and provided 6.7% annualized returns in the last 3 years. In the last 1 year, it gave 6.54% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.54% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Venugopal Manghat, Praveen Ayathan, Karan Desai

Launch Date29 Jun 2014
Min Investment Amt5,000
Groww Rating3star
AUM685Cr
1Y Returns6.5%

L&T Liquid Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Liquid segment and provided 7.22% annualized returns in the last 3 years. In the last 1 year, it gave 7.54% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.54% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Shriram Ramanathan, Jalpan Shah

Launch Date30 Dec 2012
Min Investment Amt10,000
Groww Rating3star
AUM17,014Cr
1Y Returns7.5%

L&T Short Term Bond Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Short Duration segment and provided 7.6% annualized returns in the last 3 years. In the last 1 year, it gave 7.76% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.76% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Shriram Ramanathan, Jalpan Shah

Launch Date31 Dec 2012
Min Investment Amt10,000
Groww Rating3star
AUM3,251Cr
1Y Returns7.8%

L&T Ultra Short Term Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Ultra Short Duration segment and provided 7.78% annualized returns in the last 3 years. In the last 1 year, it gave 7.99% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.99% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Jalpan Shah, Vikas Garg

Launch Date31 Dec 2012
Min Investment Amt10,000
Groww Rating3star
AUM1,997Cr
1Y Returns8.0%

L&T Hybrid Equity Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 11.17% annualized returns in the last 3 years. In the last 1 year, it gave 0.13% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 0.13% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: Soumendra Nath Lahiri, Shriram Ramanathan, Karan Desai

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM9,446Cr
1Y Returns0.1%

L&T Equity Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 12.54% annualized returns in the last 3 years. In the last 1 year, it gave -0.52% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -0.52% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Soumendra Nath Lahiri, Karan Desai

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM2,518Cr
1Y Returns-0.5%

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Best L&T Tax Saving 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.

Best L&T Equity Mutual Funds

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.

Best L&T Debt Mutual Funds

The goal of L&T's debt mutual funds are to invest in debt and government securities along with money market instruments in order to garner substantial returns for investors. These funds provide constant/stable returns but the rate of returns are not as high as equity funds. They are perfect for investors who are not willing to take a great risk in the sphere of investing.

Best L&T Hybrid Mutual Funds

A hybrid fund as the name suggests is a mutual fund whose portfolio consists of a mix of stocks and bonds—equity and debt asset classes. The asset allocation can vary depending upon the requirement. It could be high equity allocation for the risk takers or a balance or debt and equity for the conservative investors.

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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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