Fund Details
L&T Emerging Businesses Fund Dividend
| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.96% |
| NAV | ₹19.65 (22 Jan 2021) |
|---|---|
| Fund Started | 12 May 2014 |
| Fund Size | ₹5,733 Cr |
Returns
Comparison
1. Risk is lower compared to the benchmark
2. 5Y Returns are higher than the category average returns
3. Lower expense ratio - 1.99%
1. Risk-adjusted returns are lower compared to the category
2. 1Y Returns are lower than the benchmark
3. 3Y Returns are lower than the benchmark
4. 5Y Returns are lower than the benchmark
5. Asset under management(AUM) is more than 5000 Crs. Returns tend to go low once AUM exceeds a certain amount
6. Risk-adjusted returns are lower compared to the category
7. 1Y Returns are lower than the category average returns
8. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Persistent Systems Ltd. | Technology | Equity | 3.4% |
| KPR Mills Ltd. | Textiles | Equity | 3.2% |
| Deepak Nitrite Ltd. | Chemicals | Equity | 2.8% |
| Emami Ltd. | FMCG | Equity | 2.5% |
| Sonata Software Ltd. | Technology | Equity | 2.5% |
| VST Industries Ltd. | FMCG | Equity | 2.3% |
| Suven Pharmaceutical Ltd. | Healthcare | Equity | 2.2% |
| Grindwell Norton Ltd. | Metals | Equity | 2.2% |
| Finolex Industries Ltd. | Chemicals | Equity | 2.0% |
| Balrampur Chini Mills Ltd. | FMCG | Equity | 2.0% |
Fund Managers
L&T Emerging Businesses Fund Dividend Details
L&T Emerging Businesses Fund Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹5,733 Cr and the Latest NAV as of 22 Jan 2021 is ₹19.65.
The L&T Emerging Businesses Fund Dividend 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.
