|NAV: 20 May 2022||₹22.34|
|Min. SIP amount||₹500|
|Rank with in category||14||14||9||NA|
|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%|
Inclusive of GST
For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
0.005% (from July 1st, 2020)
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.
|Min. for 1st investment||₹5,000|
|Min. for 2nd investment onwards||₹1,000|
|Min. for SIP||₹500|
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:
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.
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...
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.
The NAV of L&T Business Cycles Fund Direct Growth is ₹22.34 as of 20 May 2022.