| NAV: 20 May 2022 | ₹22.34 |
| Min. SIP amount | ₹500 |
| Rating | NA |
| Fund size | ₹553.62Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 9.9% | 12.2% | 7.5% | 10.9% |
| Category average | 59.0% | 12.8% | 13.1% | NA |
| Rank with in category | 14 | 14 | 9 | NA |
Holdings (55)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 8.5% |
| HDFC Bank Ltd. | Financial | Equity | 7.0% |
| Timken India Ltd. | Capital Goods | Equity | 4.5% |
| Reliance Industries Ltd. | Energy | Equity | 4.4% |
| State Bank of India | Financial | Equity | 4.0% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.0% |
| Ratnamani Metals & Tubes Ltd. | Metals & Mining | Equity | 3.4% |
| Ultratech Cement Ltd. | Construction | Equity | 3.4% |
| KNR Constructions Ltd. | Construction | Equity | 3.4% |
| Schaeffler India Ltd. | Capital Goods | Equity | 3.0% |
Expense ratio, exit load and tax
Expense ratio: 1.44%
Inclusive of GST
Exit load
For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
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.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Venugopal ManghatJul 2014 - PresentView details
Cheenu GuptaJul 2021 - PresentView details
Alok RanjanOct 2019 - PresentView details
Fund house & investment objective
Fund house contact details
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FAQs
How to Invest in L&T Business Cycles Fund Direct Growth?
You can easily invest in L&T Business Cycles Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
- Log on to your Groww account
- Search for L&T Business Cycles Fund Direct Growth from the search box
- In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
- Once you are done with that, you can start investing in L&T Business Cycles Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does L&T Business Cycles Fund Direct Growth provide?
The L&T Business Cycles Fund Direct Growth has been there from 20 Aug 2014 and the average annual returns provided by this fund is 9.95% since its inception.
How much expense ratio is charged by L&T Business Cycles Fund Direct Growth?
The term
Expense Ratio used for L&T Business Cycles Fund Direct Growth or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of L&T Business Cycles Fund Direct Growth is 1.44% as of 23 May 2022...
What is the AUM of L&T Business Cycles Fund Direct Growth?
The AUM, short for Assets Under Management of L&T Business Cycles Fund Direct Growth is ₹553.62Cr as of 23 May 2022.
How to Redeem L&T Business Cycles Fund Direct Growth?
If you want to sell your L&T Business Cycles Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of L&T Business Cycles Fund Direct Growth?
What is the NAV of L&T Business Cycles Fund Direct Growth?
The NAV of L&T Business Cycles Fund Direct Growth is ₹22.34 as of 20 May 2022.
