Fund Details
L&T Emerging Businesses Fund IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.90% |
| NAV | ₹28.81 (26 Jul 2021) |
|---|---|
| Fund Started | 12 May 2014 |
| Fund Size | ₹6,860 Cr |
Returns
Comparison
1. Lower expense ratio - 1.9%
2. 1Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is more than 5000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| KPR Mills Ltd. | Textiles | Equity | 4.7% |
| Persistent Systems Ltd. | Technology | Equity | 3.6% |
| Balrampur Chini Mills Ltd. | FMCG | Equity | 3.6% |
| Grindwell Norton Ltd. | Metals | Equity | 3.1% |
| Sonata Software Ltd. | Technology | Equity | 2.5% |
| Finolex Industries Ltd. | Chemicals | Equity | 2.4% |
| Cera Sanitaryware Ltd. | Construction | Equity | 2.2% |
| Supreme Petrochem Ltd. | Energy | Equity | 2.1% |
| Emami Ltd. | FMCG | Equity | 2.1% |
| Deepak Nitrite Ltd. | Chemicals | Equity | 2.0% |
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 ₹6,860 Cr and the Latest NAV as of 26 Jul 2021 is ₹28.81.
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.
