L&T Business Cycles Fund Direct Dividend-0.06%

2Groww
6.88%
1 Year Return
Equity
Sectoral/Thematic
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

L&T Business Cycles Fund Direct Dividend

RiskHigh
Min SIP AmountNot Supported
Expense Ratio1.61%
NAV12.87 (09 Dec 2019)
Fund Started20 Aug 2014
Fund Size675 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Business Cycles Fund Direct Dividend
6.9%
6.7%
6.7%
8.9%
Category Average
-2.1%
NA
NA
-
Rank within category
3
10
3
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 6.9% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. 1Y Returns are higher than the benchmark
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. Higher expense ratio
    3. 3Y Returns are lower than the benchmark
    4. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity8.2%
    ICICI Bank Ltd.FinancialEquity7.0%
    Larsen & Toubro Ltd.ConstructionEquity5.8%
    Reliance Industries Ltd.EnergyEquity4.0%
    Kotak Mahindra Bank Ltd.FinancialEquity3.5%
    Timken India Ltd.EngineeringEquity3.2%
    The Ramco Cements Ltd.ConstructionEquity2.9%
    Ratnamani Metals & Tubes Ltd.MetalsEquity2.9%
    Bajaj Finserv Ltd.FinancialEquity2.8%
    Engineers India Ltd.ConstructionEquity2.8%
    See All

    Fund Managers

    addVenugopal Manghat
    Education
    Mr. Manghat is a B.Sc (Mathematics) and MBA (Finance).
    Experience
    Prior to joining L&T Mutual Fund he has worked with Tata Asset Management Ltd.
    Funds Managed
    addKaran Desai
    Education
    Mr. Desai has done Bcom from Mumbai University and Msc Investments from University of Birmingham.
    Experience
    Prior to this he was working with L&TInvestment Management,HNI & Institutional and Accounts & Taxation
    Funds Managed
    add
    Education
    Experience
    Funds Managed

    Other Details

    L&T Business Cycles Fund Direct Dividend is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 20 Aug 2014. Venugopal Manghat, Karan Desai is the Current Fund Manager of L&T Business Cycles Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹675 Cr and the Latest NAV as of 09 Dec 2019 is ₹12.87.

    The L&T Business Cycles Fund Direct Dividend is rated High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 1 year..

    Investment Objective

    To generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies (small cap stocks). The Scheme could also additionally invest in Foreign Securities. Emerging companies are businesses which are typically in the early stage of development and have the potential to grow their revenues and profits at a higher rate as compared to broader market. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

    Tax Implications

    Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
    Exit Load

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    About L&T Mutual Fund

    Address
    6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
    Phone
    022-66554000
    Launch Date
    02 Jan 1997
    L&T Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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