Fund Details
L&T Business Cycles Fund Direct Growth
| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.57% |
| NAV | ₹17.80 (27 Jan 2021) |
|---|---|
| Fund Started | 20 Aug 2014 |
| Fund Size | ₹518 Cr |
Returns
Comparison
Found nothing so far.
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. Higher expense ratio - 1.59%
4. 1Y Returns are lower than the category average returns
5. 3Y Returns are lower than the category average returns
6. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.9% |
| ICICI Bank Ltd. | Financial | Equity | 7.0% |
| Reliance Industries Ltd. | Energy | Equity | 5.9% |
| Ratnamani Metals & Tubes Ltd. | Metals | Equity | 5.4% |
| Ultratech Cement Ltd. | Construction | Equity | 4.4% |
| Timken India Ltd. | Engineering | Equity | 4.0% |
| Deepak Nitrite Ltd. | Chemicals | Equity | 3.4% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.1% |
| Shree Cement Ltd. | Construction | Equity | 2.8% |
| Godrej Properties Ltd. | Construction | Equity | 2.8% |
Fund Managers
L&T Business Cycles Fund Direct Growth Details
L&T Business Cycles Fund Direct Growth is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 20 Aug 2014. Venugopal Manghat, Karan Desai is the Current Fund Manager of L&T Business Cycles Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹518 Cr and the Latest NAV as of 27 Jan 2021 is ₹17.80.
The L&T Business Cycles Fund Direct Growth is rated High risk. Minimum SIP Investment is set to 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
The scheme seeks to generate long term capital appreciation from a portfolio of equity and equity related securities including equity derivatives in the Indian market with focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.
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.
