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L&T Emerging Businesses Fund Direct Growth

Equity
Small Cap
Very High Risk
23.39%
3Y annualised
+2.23% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 17 May 2022₹45.17
Min. SIP amount₹500
Rating3
Fund size₹7,996.33Cr

Returns and rankings

Category: Equity Small Cap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns26.7%23.4%13.4%20.7%
Category average102.5%18.0%16.9%NA
Rank with in category3158NA
Understand terms

Holdings (81)

NameSectorInstrumentAssets
KPR Mills Ltd.TextilesEquity6.9%
Balrampur Chini Mills Ltd.Consumer StaplesEquity3.9%
Grindwell Norton Ltd.Metals & MiningEquity3.8%
Brigade Enterprises Ltd.ConstructionEquity2.8%
RHI Magnesita India Ltd.ConstructionEquity2.6%
Birlasoft Ltd.TechnologyEquity2.4%
EID-Parry (India) Ltd.Consumer StaplesEquity2.2%
Carborundum Universal Ltd.Metals & MiningEquity2.2%
Sonata Software Ltd.TechnologyEquity2.2%
KPIT Technologies Ltd.TechnologyEquity2.1%
See All

Pros and cons

Category: Equity Small Cap

Pros

3Y and 5Y annualised returns higher than category average
Lower expense ratio: 0.81%
1Y category rank: 3

Cons

Higher AUM: 7996Cr. Funds with a higher AUM tend to have lower returns in the future
1Y annualised returns lower than category average by 51.67%

Expense ratio, exit load and tax

Expense ratio: 0.81%

Inclusive of GST

Exit load

For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Venugopal Manghat
Dec 2019 - 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

Vihang Naik
Dec 2019 - Present
View details

Education
Mr. Naik is a CFA & BMS.
Experience
Prior to joining L&T Mutual Fund, he was associated with MF Global, Motilal Oswal Securities and SBICAP Securities.
Also manages these schemes

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

Fund house & investment objective

Fund house contact details

Address
BrindavanPlot No. 177, CST RoadKalina, Santacruz (East) Mumbai 400098
Phone
022-66554000 / 1800-2000-400
Launch Date
25 Apr 1996
Website
NA
Amc Image
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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FAQs

How to Invest in L&T Emerging Businesses Fund Direct Growth?

You can easily invest in L&T Emerging Businesses 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:

  • Log on to your Groww account
  • Search for L&T Emerging Businesses Fund Direct Growth 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 Emerging Businesses Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does L&T Emerging Businesses Fund Direct Growth provide?

The L&T Emerging Businesses Fund Direct Growth has been there from 12 May 2014 and the average annual returns provided by this fund is 26.67% since its inception.

How much expense ratio is charged by L&T Emerging Businesses Fund Direct Growth?

The term Expense Ratio used for L&T Emerging Businesses 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 Emerging Businesses Fund Direct Growth is 0.81% as of 18 May 2022...

What is the AUM of L&T Emerging Businesses Fund Direct Growth?

The AUM, short for Assets Under Management of L&T Emerging Businesses Fund Direct Growth is ₹7,996.33Cr as of 18 May 2022.

How to Redeem L&T Emerging Businesses Fund Direct Growth?

If you want to sell your L&T Emerging Businesses 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.

Can I invest in SIP and Lump Sum of L&T Emerging Businesses Fund Direct Growth?

You can select either SIP or Lumpsum investment of L&T Emerging Businesses Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of L&T Emerging Businesses Fund Direct Growth?

The NAV of L&T Emerging Businesses Fund Direct Growth is ₹45.17 as of 17 May 2022.

What is the PE and PB ratio of L&T Emerging Businesses Fund Direct Growth?

The PE ratio ratio of L&T Emerging Businesses Fund Direct Growth 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).

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