Home>Mutual Funds>L&T Mutual Fund>L&T Emerging Businesses Fund Direct Growth
shareSHARE

L&T Emerging Businesses Fund Direct Growth-0.94%

13.68%
1 Year Return
Equity
Small Cap
3.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Emerging Businesses Fund Direct Growth

RiskHigh
Min SIP Amount₹500
Expense Ratio0.82%
NAV₹28.70 (22 Jan 2021)
Fund Started12 May 2014
Fund Size5,733 Cr

Fund Overview

Quick overview of L&T Emerging Businesses Fund Direct Growth

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
13.7%
-1.6%
14.7%
17.1%
Category Average
25.8%
0.6%
12.9%
-
Rank Within Category
22
11
6
-
*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 13.7% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.89%
2. 5Y Returns are higher than the category average returns
Cons
1. Risk-adjusted returns are lower compared to the category
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. Asset under management(AUM) is more than 5000 Crs. Returns tend to go low once AUM exceeds a certain amount

Top Holdings

NameSectorInstrument% Assets
Persistent Systems Ltd.TechnologyEquity3.4%
KPR Mills Ltd.TextilesEquity3.2%
Deepak Nitrite Ltd.ChemicalsEquity2.8%
Emami Ltd.FMCGEquity2.5%
Sonata Software Ltd.TechnologyEquity2.5%
VST Industries Ltd.FMCGEquity2.3%
Suven Pharmaceutical Ltd.HealthcareEquity2.2%
Grindwell Norton Ltd.MetalsEquity2.2%
Finolex Industries Ltd.ChemicalsEquity2.0%
Balrampur Chini Mills Ltd.FMCGEquity2.0%
See All

Fund Managers

Venugopal Manghat
keyboard_arrow_down
Soumendra Nath Lahiri
keyboard_arrow_down
Vihang Naik
keyboard_arrow_down
Karan Desai
keyboard_arrow_down
Alok Ranjan
keyboard_arrow_down

L&T Emerging Businesses Fund Direct Growth Details

L&T Emerging Businesses Fund Direct Growth is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 12 May 2014. Soumendra Nath Lahiri, Karan Desai is the Current Fund Manager of L&T Emerging Businesses Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹5,733 Cr and the Latest NAV as of 22 Jan 2021 is ₹28.70.

The L&T Emerging Businesses 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 will primarily be a diversified equity fund which will invest predominantly in small cap stocks to generate long term capital appreciation.

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

Compare Funds

L&T Emerging Businesses Fund Direct Growth
VS
search

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,
Similar Funds