How to Invest in L&T Focused Equity Fund Direct Growth?

You can easily invest in L&T Focused Equity Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for L&T Focused Equity Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in L&T Focused Equity Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does L&T Focused Equity Fund Direct Growth provide?

The L&T Focused Equity Fund Direct Growth has been there from 05 Nov 2018 and the average annual returns provided by this fund is -0.49% since its inception.

How much expense ratio is charged by L&T Focused Equity Fund Direct Growth?

The term Expense Ratio used for L&T Focused Equity Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of L&T Focused Equity Fund Direct Growth is 1.09% as of 05 Nov 2024...

What is the AUM of L&T Focused Equity Fund Direct Growth?

The AUM, short for Assets Under Management of L&T Focused Equity Fund Direct Growth is ₹946.04Cr as of 05 Nov 2024.

How to Redeem L&T Focused Equity Fund Direct Growth?

If you want to sell your L&T Focused Equity Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of L&T Focused Equity Fund Direct Growth?

You can select either SIP or Lumpsum investment of L&T Focused Equity Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of L&T Focused Equity Fund Direct Growth?

The NAV of L&T Focused Equity Fund Direct Growth is ₹16.66 as of 25 Nov 2022.

What is the PE and PB ratio of L&T Focused Equity Fund Direct Growth?

The PE ratio ratio of L&T Focused Equity Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

L&T Focused Equity Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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L&T Focused Equity Fund Direct   Growth
Equity
Diversified
Very High Risk
12.76%
3Y annualised
+0.30% 1D
1M
6M
1Y
3Y
All
  NAV: 25 Nov 2022₹16.66
Min. SIP amountNot Supported
Rating3
Fund size₹946.04Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Diversified
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA-0.5%12.8%13.4%
Category averageNA34.2%14.4%NA
Rank with in categoryNA5041NA
Understand terms
Holdings (30)NameSectorInstrumentAssets
Infosys Ltd.
TechnologyEquity6.64%
Larsen & Toubro Ltd.
ConstructionEquity5.98%
Reliance Industries Ltd.
EnergyEquity5.96%
Hindustan Unilever Ltd.
Consumer StaplesEquity5.83%
ITC Ltd.
Consumer StaplesEquity5.21%
Tata Consultancy Services Ltd.
TechnologyEquity4.85%
Blue Dart Express Ltd.
ServicesEquity4.23%
Maruti Suzuki India Ltd.
AutomobileEquity4.20%
Sun Pharmaceutical Industries Ltd.
HealthcareEquity3.56%
Sundaram Finance Ltd.
FinancialEquity3.32%
HCL Technologies Ltd.
TechnologyEquity3.30%
ABB India Ltd.
Capital GoodsEquity3.28%
Bharti Airtel Ltd.
CommunicationEquity3.20%
Dr. Reddy's Laboratories Ltd.
HealthcareEquity3.07%
eClerx Services Ltd.
ServicesEquity2.85%
Bosch Ltd.
AutomobileEquity2.60%
Greaves Cotton Ltd.
Capital GoodsEquity2.57%
Avenue Supermarts Ltd.
ServicesEquity2.56%
Ipca Laboratories Ltd.
HealthcareEquity2.39%
The Ramco Cements Ltd.
ConstructionEquity2.35%
Biocon Ltd.
HealthcareEquity2.03%
Power Grid Corporation of India Ltd.
EnergyEquity1.85%
Ambuja Cements Ltd.
ConstructionEquity1.81%
Tata Steel Ltd.
Metals & MiningEquity1.57%
Tata Motors Ltd.
AutomobileEquity1.39%
Godrej Properties Ltd.
ConstructionEquity1.39%
Harsha Engineers International Ltd.
Capital GoodsEquity1.29%
Aarti Industries Ltd.
ChemicalsEquity1.18%
Heritage Foods Ltd.
Consumer StaplesEquity1.12%
Aarti Pharmalabs Ltd.
ServicesEquity0.10%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Groww Invest Tech Pvt. Ltd. (Formerly known as Nextbillion Technology Pvt. Ltd) (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Equity Diversified
Pros
Lower expense ratio: 1.09%
Cons
Consistently lower annualised returns than category average for the past 1Y and 3Y
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Oct 2022 - Present
1.09%
31 Oct 2022 - 31 Oct 2022
1.09%
31 Oct 2022 - 31 Oct 2022
1.09%
31 Oct 2022 - 31 Oct 2022
1.09%
31 Oct 2022 - 31 Oct 2022
1.09%
30 Sep 2022 - 31 Oct 2022
1.09%
30 Sep 2022 - 30 Sep 2022
1.09%
30 Sep 2022 - 30 Sep 2022
1.09%
30 Sep 2022 - 30 Sep 2022
1.09%
31 Aug 2022 - 30 Sep 2022
1.08%
31 Aug 2022 - 31 Aug 2022
1.08%
31 Aug 2022 - 31 Aug 2022
1.08%
31 Aug 2022 - 31 Aug 2022
1.08%
31 Jul 2022 - 31 Aug 2022
1.09%
31 Jul 2022 - 31 Jul 2022
1.09%
31 Jul 2022 - 31 Jul 2022
1.09%
30 Jun 2022 - 31 Jul 2022
1.11%
30 Jun 2022 - 30 Jun 2022
1.11%
30 Jun 2022 - 30 Jun 2022
1.11%
31 May 2022 - 30 Jun 2022
1.10%
31 May 2022 - 31 May 2022
1.10%
31 May 2022 - 31 May 2022
1.10%
30 Apr 2022 - 31 May 2022
1.08%
30 Apr 2022 - 30 Apr 2022
1.08%
30 Apr 2022 - 30 Apr 2022
1.08%
31 Mar 2022 - 30 Apr 2022
1.08%
31 Mar 2022 - 31 Mar 2022
1.08%
31 Mar 2022 - 31 Mar 2022
1.08%
28 Feb 2022 - 31 Mar 2022
1.09%
28 Feb 2022 - 28 Feb 2022
1.09%
28 Feb 2022 - 28 Feb 2022
1.09%
31 Jan 2022 - 28 Feb 2022
1.07%
31 Jan 2022 - 31 Jan 2022
1.07%
31 Dec 2021 - 31 Jan 2022
1.07%
31 Dec 2021 - 31 Dec 2021
1.07%
30 Nov 2021 - 31 Dec 2021
1.08%
31 Oct 2021 - 30 Nov 2021
1.07%
30 Sep 2021 - 31 Oct 2021
1.05%
31 Aug 2021 - 30 Sep 2021
1.07%
31 Jul 2021 - 31 Aug 2021
1.08%
30 Jun 2021 - 31 Jul 2021
1.09%
31 May 2021 - 30 Jun 2021
1.17%
30 Apr 2021 - 31 May 2021
1.19%
31 Mar 2021 - 30 Apr 2021
1.24%
28 Feb 2021 - 31 Mar 2021
1.26%
31 Jan 2021 - 28 Feb 2021
1.28%
31 Dec 2020 - 31 Jan 2021
1.28%
30 Nov 2020 - 31 Dec 2020
1.31%
31 Oct 2020 - 30 Nov 2020
1.31%
30 Sep 2020 - 31 Oct 2020
1.36%
31 Aug 2020 - 30 Sep 2020
1.36%
31 Jul 2020 - 31 Aug 2020
1.35%
30 Jun 2020 - 31 Jul 2020
1.39%
31 May 2020 - 30 Jun 2020
1.36%
30 Apr 2020 - 31 May 2020
1.36%
31 Mar 2020 - 30 Apr 2020
1.34%
29 Feb 2020 - 31 Mar 2020
1.30%
31 Jan 2020 - 29 Feb 2020
1.29%
31 Dec 2019 - 31 Jan 2020
1.31%
30 Nov 2019 - 31 Dec 2019
1.38%
31 Oct 2019 - 30 Nov 2019
1.38%
30 Sep 2019 - 31 Oct 2019
1.44%
31 Aug 2019 - 30 Sep 2019
1.46%
31 Jul 2019 - 31 Aug 2019
1.46%
30 Jun 2019 - 31 Jul 2019
1.48%
31 May 2019 - 30 Jun 2019
1.49%
30 Apr 2019 - 31 May 2019
1.50%
31 Mar 2019 - 30 Apr 2019
1.57%
28 Feb 2019 - 31 Mar 2019
1.57%
31 Jan 2019 - 28 Feb 2019
1.57%
31 Dec 2018 - 31 Jan 2019
1.50%
30 Nov 2018 - 31 Dec 2018
1.51%
Expense ratio, exit load and taxExpense ratio: 1.09%Inclusive of GST
Exit loadFor units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementVenugopal Manghat
Dec 2019 - Present
View details
Education
Mr. Manghat is a B.Sc (Mathematics) and MBA (Finance).
Experience
Prior to joining HSBC Mutual Fund, he has worked with L&T Mutual Fund, Tata Asset Management Ltd.
Also manages these schemes
L&T Flexicap Fund Direct Growth
L&T India Large Cap Fund Direct Growth
L&T Large and Midcap Fund Direct Growth
L&T Conservative Hybrid Fund Direct Growth
HSBC Flexi Cap Fund Direct Growth
L&T Focused Equity Fund Direct   Growth
HSBC Multi Cap Fund Direct   Growth
Vihang Naik
Oct 2018 - Present
View details
Education
Mr. Naik is a CFA & BMS.
Experience
Prior to joining HSBC Mutual Fund, he was associated with L&T Mutual Fund, MF Global, Motilal Oswal Securities and SBICAP Securities.
Also manages these schemes
L&T Flexicap Fund Direct Growth
L&T India Large Cap Fund Direct Growth
L&T Large and Midcap Fund Direct Growth
L&T Conservative Hybrid Fund Direct Growth
HSBC Flexi Cap Fund Direct Growth
L&T Focused Equity Fund Direct   Growth
Fund house & investment objective
L&T Mutual Fund
Rank (total assets)#12 in India
Total AUM₹75,122.75Cr
Date of Incorporation25 Apr 1996
    L&T Focused Equity Fund Direct   Growth is a Equity Mutual Fund Scheme launched by L&T Mutual Fund.     This scheme was made available to investors on 25 Apr 1996.     Soumendra Nath Lahiri, Vihang Naik is the Current Fund Manager of L&T Focused Equity Fund Direct   Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹75,123 Cr and     the Latest NAV as of 25 Nov 2022 is ₹16.66.  

    The L&T Focused Equity Fund Direct   Growth is rated Very High risk.     Minimum SIP Investment is set to ₹500.          For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
  ;
Investment ObjectiveThe scheme seeks to provide capital appreciation by investing in equity and equity related instruments of maximum 30 stocks. There is no assurance that the investment objective of the scheme will be realized. 
 
;
Fund benchmarkNIFTY 500 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
BrindavanPlot No. 177, CST RoadKalina, Santacruz (East) Mumbai 400098
Phone
022-66554000 / 1800-2000-400
Launch Date
25 Apr 1996
E-mail
[email protected]
Website
www.lntmf.com
L&T Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
L&T Focused Equity Fund Direct   Growth
VS
Add mutual fund to compare

	6M	1Y	3Y	All
Fund returns	NA	-0.5%	12.8%	13.4%
Category average	NA	34.2%	14.4%	NA
Rank with in category	NA	50	41	NA

Name	Sector	Instrument	Assets
Infosys Ltd.	Technology	Equity	6.64%
Larsen & Toubro Ltd.	Construction	Equity	5.98%
Reliance Industries Ltd.	Energy	Equity	5.96%
Hindustan Unilever Ltd.	Consumer Staples	Equity	5.83%
ITC Ltd.	Consumer Staples	Equity	5.21%
Tata Consultancy Services Ltd.	Technology	Equity	4.85%
Blue Dart Express Ltd.	Services	Equity	4.23%
Maruti Suzuki India Ltd.	Automobile	Equity	4.20%
Sun Pharmaceutical Industries Ltd.	Healthcare	Equity	3.56%
Sundaram Finance Ltd.	Financial	Equity	3.32%
HCL Technologies Ltd.	Technology	Equity	3.30%
ABB India Ltd.	Capital Goods	Equity	3.28%
Bharti Airtel Ltd.	Communication	Equity	3.20%
Dr. Reddy's Laboratories Ltd.	Healthcare	Equity	3.07%
eClerx Services Ltd.	Services	Equity	2.85%
Bosch Ltd.	Automobile	Equity	2.60%
Greaves Cotton Ltd.	Capital Goods	Equity	2.57%
Avenue Supermarts Ltd.	Services	Equity	2.56%
Ipca Laboratories Ltd.	Healthcare	Equity	2.39%
The Ramco Cements Ltd.	Construction	Equity	2.35%
Biocon Ltd.	Healthcare	Equity	2.03%
Power Grid Corporation of India Ltd.	Energy	Equity	1.85%
Ambuja Cements Ltd.	Construction	Equity	1.81%
Tata Steel Ltd.	Metals & Mining	Equity	1.57%
Tata Motors Ltd.	Automobile	Equity	1.39%
Godrej Properties Ltd.	Construction	Equity	1.39%
Harsha Engineers International Ltd.	Capital Goods	Equity	1.29%
Aarti Industries Ltd.	Chemicals	Equity	1.18%
Heritage Foods Ltd.	Consumer Staples	Equity	1.12%
Aarti Pharmalabs Ltd.	Services	Equity	0.10%

Rank (total assets)	#12 in India
Total AUM	₹75,122.75Cr

Date of Incorporation	25 Apr 1996

Fund benchmark	NIFTY 500 Total Return Index

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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	3
Fund size	₹946.04Cr

L&T Focused Equity Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (30)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 1.09%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Venugopal ManghatDec 2019 - PresentView details

Vihang NaikOct 2018 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Venugopal Manghat
Dec 2019 - Present
View details

Vihang Naik
Oct 2018 - Present
View details