L&T Business Cycles Fund Regular IDCW - NAV, Mutual Fund Performance & Portfolio

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L&T Business Cycles Fund Regular IDCW
Equity
Sectoral / Thematic
Very High Risk
Payout
17.06%
3Y annualised
-0.87% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 27 Jan 2022₹17.59
Min. SIP amountNA
RatingNA
Fund size₹568.54Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns32.6%17.1%10.9%11.5%
Category average59.0%12.8%13.1%NA
Rank with in category101010NA
Understand terms
Holdings (51)NameSectorInstrumentAssets
ICICI Bank Ltd.
FinancialEquity8.7%
HDFC Bank Ltd.
FinancialEquity7.1%
Ultratech Cement Ltd.
ConstructionEquity4.8%
Timken India Ltd.
EngineeringEquity4.2%
Larsen & Toubro Ltd.
ConstructionEquity4.1%
Reliance Industries Ltd.
EnergyEquity3.9%
State Bank of India
FinancialEquity3.7%
KNR Constructions Ltd.
ConstructionEquity3.5%
The Ramco Cements Ltd.
ConstructionEquity2.8%
Ratnamani Metals & Tubes Ltd.
MetalsEquity2.7%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Dec 2021 - Present
2.55%
30 Nov 2021 - 31 Dec 2021
2.55%
31 Oct 2021 - 30 Nov 2021
2.54%
30 Sep 2021 - 31 Oct 2021
2.55%
31 Aug 2021 - 30 Sep 2021
2.55%
31 Jul 2021 - 31 Aug 2021
2.55%
30 Jun 2021 - 31 Jul 2021
2.57%
31 May 2021 - 30 Jun 2021
2.58%
30 Apr 2021 - 31 May 2021
2.59%
31 Mar 2021 - 30 Apr 2021
2.55%
28 Feb 2021 - 31 Mar 2021
2.53%
31 Jan 2021 - 28 Feb 2021
2.56%
31 Dec 2020 - 31 Jan 2021
2.55%
30 Nov 2020 - 31 Dec 2020
2.55%
31 Oct 2020 - 30 Nov 2020
2.56%
30 Sep 2020 - 31 Oct 2020
2.56%
31 Aug 2020 - 30 Sep 2020
2.57%
31 Jul 2020 - 31 Aug 2020
2.57%
30 Jun 2020 - 31 Jul 2020
2.57%
31 May 2020 - 30 Jun 2020
2.58%
30 Apr 2020 - 31 May 2020
2.58%
31 Mar 2020 - 30 Apr 2020
2.49%
29 Feb 2020 - 31 Mar 2020
2.51%
31 Jan 2020 - 29 Feb 2020
2.49%
31 Dec 2019 - 31 Jan 2020
2.50%
30 Nov 2019 - 31 Dec 2019
2.50%
31 Oct 2019 - 30 Nov 2019
2.50%
30 Sep 2019 - 31 Oct 2019
2.49%
31 Aug 2019 - 30 Sep 2019
2.50%
31 Jul 2019 - 31 Aug 2019
2.49%
30 Jun 2019 - 31 Jul 2019
2.46%
31 May 2019 - 30 Jun 2019
2.45%
30 Apr 2019 - 31 May 2019
2.47%
31 Mar 2019 - 30 Apr 2019
2.47%
28 Feb 2019 - 31 Mar 2019
2.46%
31 Jan 2019 - 28 Feb 2019
2.44%
31 Dec 2018 - 31 Jan 2019
2.42%
30 Nov 2018 - 31 Dec 2018
2.43%
31 Oct 2018 - 30 Nov 2018
2.50%
30 Sep 2018 - 31 Oct 2018
2.56%
31 Aug 2018 - 30 Sep 2018
2.54%
31 Jul 2018 - 31 Aug 2018
2.55%
30 Jun 2018 - 31 Jul 2018
2.20%
31 May 2018 - 30 Jun 2018
2.25%
30 Apr 2018 - 31 May 2018
2.24%
31 Mar 2018 - 30 Apr 2018
2.24%
31 Jan 2018 - 31 Mar 2018
2.24%
31 Dec 2017 - 31 Jan 2018
2.24%
30 Nov 2017 - 31 Dec 2017
2.24%
31 Oct 2017 - 30 Nov 2017
2.24%
Expense ratio, exit load and taxExpense ratio: 2.55%Inclusive of GST
Exit loadFor units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA
Fund managementVenugopal Manghat
Jul 2014 - Present
View details
Education
Mr. Manghat is a B.Sc (Mathematics) and MBA (Finance).
Experience
Prior to joining L&T Mutual Fund he has worked with Tata Asset Management Ltd.
Also manages these schemes
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L&T Conservative Hybrid Fund IDCW Monthly
L&T Conservative Hybrid Fund IDCW Quarterly
L&T Midcap Fund IDCW
L&T Midcap Fund Growth
L&T Infrastructure Fund Growth
L&T Infrastructure Fund IDCW
L&T Equity Savings Fund IDCW Monthly
L&T Equity Savings Fund IDCW Quarterly
L&T Equity Savings Fund Growth
L&T Flexicap Fund Growth
L&T Flexicap Fund IDCW
L&T Tax Advantage Fund Growth
L&T Tax Advantage Fund IDCW
L&T Large and Midcap Fund Growth
L&T Large and Midcap Fund IDCW
L&T India Large Cap Fund Growth
L&T India Large Cap Fund IDCW
L&T India Value Fund Growth
L&T India Value Fund IDCW
L&T Hybrid Equity Fund Growth
L&T Hybrid Equity Fund IDCW
L&T Balanced Advantage Fund IDCW
L&T Balanced Advantage Fund Growth
L&T Flexicap Fund Direct IDCW
L&T Flexicap Fund Direct Growth
L&T Balanced Advantage Fund Direct IDCW
L&T Balanced Advantage Fund Direct Growth
L&T India Large Cap Fund Direct Growth
L&T India Large Cap Fund Direct IDCW
L&T Hybrid Equity Fund Direct Growth
L&T Hybrid Equity Fund Direct IDCW
L&T Large and Midcap Fund Direct Growth
L&T Large and Midcap Fund Direct IDCW
L&T India Value Fund Direct IDCW
L&T India Value Fund Direct Growth
L&T Infrastructure Fund Direct IDCW
L&T Infrastructure Fund Direct Growth
L&T Tax Advantage Fund Direct Growth
L&T Tax Advantage Fund Direct IDCW
L&T Equity Savings Fund Direct IDCW Quarterly
L&T Equity Savings Fund Direct Growth
L&T Equity Savings Fund Direct IDCW Monthly
L&T Midcap Fund Direct IDCW
L&T Midcap Fund Direct Growth
L&T Conservative Hybrid Fund Direct Growth
L&T Conservative Hybrid Fund Direct IDCW Monthly
L&T Conservative Hybrid Fund Direct IDCW Quarterly
L&T Emerging Businesses Fund Direct Growth
L&T Emerging Businesses Fund IDCW
L&T Emerging Businesses Fund Direct IDCW
L&T Emerging Businesses Fund Growth
L&T Arbitrage Opportunities Fund Regular Growth
L&T Arbitrage Opportunities Fund Direct IDCW Monthly
L&T Arbitrage Opportunities Fund Direct IDCW Quarterly
L&T Arbitrage Opportunities Fund Regular IDCW Quarterly
L&T Arbitrage Opportunities Fund Direct Growth
L&T Arbitrage Opportunities Fund Regular Bonus
L&T Arbitrage Opportunities Fund Regular IDCW Monthly
L&T Arbitrage Opportunities Fund Direct Bonus
L&T Business Cycles Fund Direct Growth
L&T Business Cycles Fund Regular IDCW
L&T Business Cycles Fund Regular Growth
L&T Business Cycles Fund Direct IDCW
L&T Hybrid Equity Fund IDCW Yearly
L&T Hybrid Equity Fund Direct IDCW Yearly
L&T Emerging Opportunities Fund Series I Direct IDCW
L&T Emerging Opportunities Fund Series I Regular IDCW
L&T Emerging Opportunities Fund Series II Regular IDCW
L&T Emerging Opportunities Fund Series II Direct IDCW
L&T Focused Equity Fund Direct IDCW
L&T Focused Equity Fund Direct Growth
L&T Focused Equity Fund Regular IDCW
L&T Focused Equity Fund Regular Growth
Cheenu Gupta
Jul 2021 - Present
View details
Education
Ms. Gupta is CFA Charter holder (USA), PGDBM (Finance) & B.E. (I.T)
Experience
Prior to joining L&T Mutual Fund, she has worked with Canara Robeco Mutual Fund, Tata AIA Life Insurance Company as Fund Manager, ING Investment Management as Senior Research Analyst and UTI AMC Ltd. as Research Analyst.
Also manages these schemes
Canara Robeco Equity Tax Saver Regular IDCW
Canara Robeco Infrastructure Fund Regular IDCW
Canara Robeco Infrastructure Fund Regular Growth
Canara Robeco Equity Hybrid Fund Regular Growth
Canara Robeco Equity Hybrid Fund Regular IDCW Monthly
Canara Robeco Equity Tax Saver Regular Growth
Canara Robeco Consumer Trends Fund Regular Growth
Canara Robeco Consumer Trends Fund Regular IDCW
L&T Conservative Hybrid Fund Growth
L&T Conservative Hybrid Fund IDCW Monthly
L&T Conservative Hybrid Fund IDCW Quarterly
L&T Infrastructure Fund Growth
L&T Infrastructure Fund IDCW
L&T Equity Savings Fund IDCW Monthly
L&T Equity Savings Fund IDCW Quarterly
L&T Equity Savings Fund Growth
L&T Tax Advantage Fund Growth
L&T Tax Advantage Fund IDCW
L&T Large and Midcap Fund Growth
L&T Large and Midcap Fund IDCW
L&T India Large Cap Fund Growth
L&T India Large Cap Fund IDCW
L&T Hybrid Equity Fund Growth
L&T Hybrid Equity Fund IDCW
L&T Balanced Advantage Fund IDCW
L&T Balanced Advantage Fund Growth
Canara Robeco Infrastructure Direct Growth
Canara Robeco Infrastructure Direct IDCW
Canara Robeco Equity Hybrid Fund Direct IDCW Monthly
Canara Robeco Equity Hybrid Fund Direct Growth
Canara Robeco Consumer Trends Fund Direct Growth
Canara Robeco Consumer Trends Fund Direct IDCW
Canara Robeco Equity Tax Saver Direct Growth
Canara Robeco Equity Tax Saver Direct IDCW
L&T Balanced Advantage Fund Direct IDCW
L&T Balanced Advantage Fund Direct Growth
L&T India Large Cap Fund Direct Growth
L&T India Large Cap Fund Direct IDCW
L&T Hybrid Equity Fund Direct Growth
L&T Hybrid Equity Fund Direct IDCW
L&T Large and Midcap Fund Direct Growth
L&T Large and Midcap Fund Direct IDCW
L&T Infrastructure Fund Direct IDCW
L&T Infrastructure Fund Direct Growth
L&T Tax Advantage Fund Direct Growth
L&T Tax Advantage Fund Direct IDCW
L&T Equity Savings Fund Direct IDCW Quarterly
L&T Equity Savings Fund Direct Growth
L&T Equity Savings Fund Direct IDCW Monthly
L&T Conservative Hybrid Fund Direct Growth
L&T Conservative Hybrid Fund Direct IDCW Monthly
L&T Conservative Hybrid Fund Direct IDCW Quarterly
L&T Business Cycles Fund Direct Growth
L&T Business Cycles Fund Regular IDCW
L&T Business Cycles Fund Regular Growth
L&T Business Cycles Fund Direct IDCW
L&T Hybrid Equity Fund IDCW Yearly
L&T Hybrid Equity Fund Direct IDCW Yearly
Canara Robeco Capital Protection Oriented Fund Series 6 Direct IDCW
Canara Robeco Capital Protection Oriented Fund Series 6 Regular Growth
Canara Robeco Dual Advantage Fund Series 1 Regular Growth
Canara Robeco Dual Advantage Fund Series 1 Regular IDCW
Canara Robeco Small Cap Fund Regular Growth
Canara Robeco Small Cap Fund Regular IDCW
Canara Robeco Small Cap Fund Direct Growth
Canara Robeco Small Cap Fund Direct IDCW
Alok Ranjan
Oct 2019 - Present
View details
Education
Mr. Ranjan has done PGDM (MBA) from IIM Calcutta, B.Tech in Mechanical Engineering from NIT Warangal.
Experience
Prior to joining L&T Mutual Fund, he has worked with L&T Investment Management Ltd.- As Equity Research Analyst (From November 2017 – September 2019), Shell India Private Ltd. - Senior Specialist - Market risk (From October 2017 – November 2017), JM Financial Ltd. - Equity Research Analyst (From March 2017 – September 2017), Kotak Mahindra Bank - Treasury Sales (From December 2015 – March 2017), American Express - Business Analyst (From April 2015 – December 2015), NTPC Ltd. - Assistant Manager (From August 2011 – May 2013).
Also manages these schemes
L&T Flexicap Fund Growth
L&T Flexicap Fund IDCW
L&T Large and Midcap Fund Growth
L&T Large and Midcap Fund IDCW
L&T India Large Cap Fund Growth
L&T India Large Cap Fund IDCW
L&T India Value Fund Growth
L&T India Value Fund IDCW
L&T Hybrid Equity Fund Growth
L&T Hybrid Equity Fund IDCW
L&T Flexicap Fund Direct IDCW
L&T Flexicap Fund Direct Growth
L&T India Large Cap Fund Direct Growth
L&T India Large Cap Fund Direct IDCW
L&T Hybrid Equity Fund Direct Growth
L&T Hybrid Equity Fund Direct IDCW
L&T Large and Midcap Fund Direct Growth
L&T Large and Midcap Fund Direct IDCW
L&T India Value Fund Direct IDCW
L&T India Value Fund Direct Growth
L&T Emerging Businesses Fund Direct Growth
L&T Emerging Businesses Fund IDCW
L&T Emerging Businesses Fund Direct IDCW
L&T Emerging Businesses Fund Growth
L&T Arbitrage Opportunities Fund Regular Growth
L&T Arbitrage Opportunities Fund Direct IDCW Monthly
L&T Arbitrage Opportunities Fund Direct IDCW Quarterly
L&T Arbitrage Opportunities Fund Regular IDCW Quarterly
L&T Arbitrage Opportunities Fund Direct Growth
L&T Arbitrage Opportunities Fund Regular Bonus
L&T Arbitrage Opportunities Fund Regular IDCW Monthly
L&T Arbitrage Opportunities Fund Direct Bonus
L&T Business Cycles Fund Direct Growth
L&T Business Cycles Fund Regular IDCW
L&T Business Cycles Fund Regular Growth
L&T Business Cycles Fund Direct IDCW
L&T Hybrid Equity Fund IDCW Yearly
L&T Hybrid Equity Fund Direct IDCW Yearly
Fund house & investment objective
L&T Mutual Fund
Rank (total assets)#12 in India
Total AUM₹77,020.06Cr
Date of IncorporationNA
 L&T Business Cycles Fund Regular IDCW is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors 
 L&T Business Cycles Fund Regular IDCW is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 28 Jan 2022. Venugopal Manghat, Karan Desai is the Current Fund Manager of L&T Business Cycles Fund Regular IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹77,020 Cr and the Latest NAV as of 27 Jan 2022 is ₹17.59.
The L&T Business Cycles Fund Regular IDCW is rated Very High risk. Minimum SIP Investment is set to 500. For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
...Read more
Investment Objective
The scheme seeks to generate long term capital appreciation from a portfolio of equity and equity related securities including equity derivatives in t
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.
...Read more
Fund benchmarkS&P BSE 200 TRI
Scheme Information Document(SID)
Fund house contact details
Address
BrindavanPlot No. 177, CST RoadKalina, Santacruz (East) Mumbai 400098
Phone
022-66554000 / 1800-2000-400
Launch Date
NA
E-mail
[email protected]
Website
NA
L&T Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
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FAQsHow to Invest in L&T Business Cycles Fund Regular IDCW
You can easily invest in L&T Business Cycles Fund Regular IDCW 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 Regular IDCW 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 Regular IDCW as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does L&T Business Cycles Fund Regular IDCW provide?
The L&T Business Cycles Fund Regular IDCW has been there from 20 Aug 2014 and the average annual returns provided by this
fund is 32.64% since its inception.
How much expense ratio is charged by L&T Business Cycles Fund Regular IDCW?
The term Expense Ratio used for L&T Business Cycles Fund Regular IDCW 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 Regular IDCW is 2.55% as of 28 Jan 2022...
What is the AUM of L&T Business Cycles Fund Regular IDCW?
The AUM, short for Assets Under Management of L&T Business Cycles Fund Regular IDCW is ₹568.54Cr as of 28 Jan 2022.
How to Redeem L&T Business Cycles Fund Regular IDCW?
If you want to sell your L&T Business Cycles Fund Regular IDCW 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 Regular IDCW?
You can select either SIP  or Lumpsum  investment of L&T Business Cycles Fund Regular IDCW based on your investment objective and risk tolerance.
What is the NAV of L&T Business Cycles Fund Regular IDCW?
The NAV of L&T Business Cycles Fund Regular IDCW is ₹17.59 as of 27 Jan 2022.
What is the PE and PB ratio of L&T Business Cycles Fund Regular IDCW?
The PE ratio ratio of L&T Business Cycles Fund Regular IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

	1Y	3Y	5Y	All
Fund returns	32.6%	17.1%	10.9%	11.5%
Category average	59.0%	12.8%	13.1%	NA
Rank with in category	10	10	10	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	8.7%
HDFC Bank Ltd.	Financial	Equity	7.1%
Ultratech Cement Ltd.	Construction	Equity	4.8%
Timken India Ltd.	Engineering	Equity	4.2%
Larsen & Toubro Ltd.	Construction	Equity	4.1%
Reliance Industries Ltd.	Energy	Equity	3.9%
State Bank of India	Financial	Equity	3.7%
KNR Constructions Ltd.	Construction	Equity	3.5%
The Ramco Cements Ltd.	Construction	Equity	2.8%
Ratnamani Metals & Tubes Ltd.	Metals	Equity	2.7%

Rank (total assets)	#12 in India
Total AUM	₹77,020.06Cr

Date of Incorporation	NA

Fund benchmark	S&P BSE 200 TRI

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Bengaluru – 560034
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Rating	NA
Fund size	₹568.54Cr