Fund Details
L&T Emerging Businesses Fund IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.95% |
| NAV | ₹22.23 (15 Apr 2021) |
|---|---|
| Fund Started | 12 May 2014 |
| Fund Size | ₹5,774 Cr |
Returns
Comparison
1. Lower expense ratio - 1.99%
1. Asset under management(AUM) is more than 5000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| KPR Mills Ltd. | Textiles | Equity | 3.9% |
| Deepak Nitrite Ltd. | Chemicals | Equity | 3.9% |
| Persistent Systems Ltd. | Technology | Equity | 3.5% |
| Grindwell Norton Ltd. | Metals | Equity | 2.9% |
| Emami Ltd. | FMCG | Equity | 2.8% |
| Balrampur Chini Mills Ltd. | FMCG | Equity | 2.6% |
| Suven Pharmaceutical Ltd. | Healthcare | Equity | 2.2% |
| Amber Enterprises India Ltd. | Cons Durable | Equity | 2.1% |
| Ratnamani Metals & Tubes Ltd. | Metals | Equity | 2.1% |
| Sonata Software Ltd. | Technology | Equity | 2.1% |
Fund Managers
L&T Emerging Businesses Fund IDCW Details
L&T Emerging Businesses Fund IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹5,774 Cr and the Latest NAV as of 15 Apr 2021 is ₹22.23.
The L&T Emerging Businesses Fund IDCW is rated Very 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.
