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L&T Business Cycles Fund Direct Growth-1.64%

5.63%
1 Year Return
Equity
Sectoral/Thematic
2.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Business Cycles Fund Direct Growth

RiskHigh
Min SIP Amount₹500
Expense Ratio1.57%
NAV₹17.80 (27 Jan 2021)
Fund Started20 Aug 2014
Fund Size518 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.6%
-0.7%
10.1%
9.8%
Category Average
16.6%
3.5%
11.6%
-
Rank Within Category
18
10
8
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 5.6% returns per annum

Comparison

Data not available
Pros
Found nothing so far.
Cons
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

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity7.9%
ICICI Bank Ltd.FinancialEquity7.0%
Reliance Industries Ltd.EnergyEquity5.9%
Ratnamani Metals & Tubes Ltd.MetalsEquity5.4%
Ultratech Cement Ltd.ConstructionEquity4.4%
Timken India Ltd.EngineeringEquity4.0%
Deepak Nitrite Ltd.ChemicalsEquity3.4%
Larsen & Toubro Ltd.ConstructionEquity3.1%
Shree Cement Ltd.ConstructionEquity2.8%
Godrej Properties Ltd.ConstructionEquity2.8%
See All

Fund Managers

Venugopal Manghat
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Vihang Naik
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Karan Desai
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Alok Ranjan
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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.

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
03 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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