Fund Details
L&T Business Cycles Fund Regular Dividend
| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.56% |
| NAV | ₹13.45 (27 Nov 2020) |
|---|---|
| Fund Started | 20 Aug 2014 |
| Fund Size | ₹480 Cr |
Returns
as per Historical Returns
Comparison
1. Risk is lower compared to the benchmark
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
4. 1Y Returns are lower than the benchmark
5. 3Y Returns are lower than the benchmark
6. 5Y Returns are lower than the benchmark
7. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
8. Risk-adjusted returns are lower compared to the category
9. Higher expense ratio - 2.56%
10. 1Y Returns are lower than the category average returns
11. 3Y Returns are lower than the category average returns
12. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.9% |
| Reliance Industries Ltd. | Energy | Equity | 7.7% |
| Ratnamani Metals & Tubes Ltd. | Metals | Equity | 5.5% |
| ICICI Bank Ltd. | Financial | Equity | 5.5% |
| Timken India Ltd. | Engineering | Equity | 4.1% |
| Ultratech Cement Ltd. | Construction | Equity | 4.1% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.5% |
| Shree Cement Ltd. | Construction | Equity | 3.1% |
| Deepak Nitrite Ltd. | Chemicals | Equity | 3.0% |
| The Ramco Cements Ltd. | Construction | Equity | 2.7% |
Fund Managers
L&T Business Cycles Fund Regular Dividend Details
L&T Business Cycles Fund Regular Dividend 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 Regular Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹480 Cr and the Latest NAV as of 27 Nov 2020 is ₹13.45.
The L&T Business Cycles Fund Regular Dividend 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.
