L&T Emerging Businesses Fund Direct Growth+0.54%

4Groww
-21.28%
1 Year Return
Equity
Small Cap
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

L&T Emerging Businesses Fund Direct Growth

RiskHigh
Min SIP Amount₹500
Expense Ratio0.90%
NAV21.9 (23 Aug 2019)
Fund Started12 May 2014
Fund Size5,611 Cr

Fund Overview

Quick overview of L&T Emerging Businesses Fund Direct Growth

Returns

1Y
3Y*
5Y*
Since inception*
L&T Emerging Businesses Fund Direct Growth
-21.3%
7.4%
12.3%
16.0%
Category Average
-21.1%
-0.8%
NA
-
Rank within category
11
5
5
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with -21.3% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Lower expense ratio
    3. 1Y Returns are higher than the benchmark
    4. 3Y Returns are higher than the benchmark
    Cons
    1. Asset under management(AUM) is more than 5000 Crs. Returns tend to go low once AUM exceeds a certain amount

    Top Holdings

    NameSectorInstrument% Assets
    Sanofi India Ltd.HealthcareEquity2.5%
    Sobha Ltd.ConstructionEquity2.4%
    Mahanagar Gas Ltd.EnergyEquity2.3%
    BEML LtdEngineeringEquity2.3%
    KPR Mills Ltd.TextilesEquity2.3%
    Grindwell Norton Ltd.MetalsEquity2.3%
    The Ramco Cements Ltd.ConstructionEquity2.3%
    VST Industries Ltd.FMCGEquity2.1%
    Future Retail Ltd.ServicesEquity2.1%
    DCB Bank Ltd.FinancialEquity2.0%
    See All

    Fund Managers

    addSoumendra Nath Lahiri
    Education
    Mr. Lahiri is a B.Tech and PGDM from IIM Bangalore.
    Experience
    Prior to joining L&T Mutual Fund he has worked with Canara Robeco AMC Co. Ltd., Emkay Investment Managers Ltd, Fortuna Capital, DSP Black Rock Investment Managers Pvt. Ltd.
    Funds Managed
    addKaran Desai
    Education
    Mr. Desai has done Bcom from Mumbai University and Msc Investments from University of Birmingham.
    Experience
    Prior to this he was working with L&TInvestment Management,HNI & Institutional and Accounts & Taxation
    Funds Managed

    Other Details

    L&T Emerging Businesses Fund Direct Growth is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 12 May 2014. Soumendra Nath Lahiri, Karan Desai is the Current Fund Manager of L&T Emerging Businesses Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹5,611 Cr and the Latest NAV as of 23 Aug 2019 is ₹21.9.

    The L&T Emerging Businesses Fund Direct Growth is rated High risk. Minimum SIP Investment is 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

    To generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies (small cap stocks). The Scheme could also additionally invest in Foreign Securities. Emerging companies are businesses which are typically in the early stage of development and have the potential to grow their revenues and profits at a higher rate as compared to broader market. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

    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
    02 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,
    Invest Now
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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