L&T Emerging Businesses Fund Growth-0.25%

4Groww
-0.02%
1 Year Return
Equity
Small Cap
4.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Emerging Businesses Fund Growth

RiskHigh
Min SIP Amount₹500
Expense Ratio1.97%
NAV₹24.13 (21 Jan 2020)
Fund Started12 May 2014
Fund Size₹5,941 Cr

Fund Overview

Quick overview of L&T Emerging Businesses Fund Growth

Returns

1Y
3Y*
5Y*
Since inception*
L&T Emerging Businesses Fund Growth
-0.0%
9.5%
10.4%
16.7%
Category Average
-5.1%
3.9%
NA
-
Rank within category
14
5
3
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month₹5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    ₹0
    with -0.0% annual returns

    Comparison

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

    Top Holdings

    NameSectorInstrument% Assets
    VST Industries Ltd.FMCGEquity3.7%
    Mahanagar Gas Ltd.EnergyEquity3.1%
    Sanofi India Ltd.HealthcareEquity2.6%
    Persistent Systems Ltd.TechnologyEquity2.6%
    BEML LtdEngineeringEquity2.4%
    Grindwell Norton Ltd.MetalsEquity2.4%
    KPR Mills Ltd.TextilesEquity2.3%
    Balrampur Chini Mills Ltd.FMCGEquity2.1%
    Abbott India Ltd.HealthcareEquity2.0%
    Tube Investments Of India Ltd.AutomobileEquity1.8%
    See All

    Fund Managers

    addVenugopal Manghat
    Education
    Mr. Manghat is a B.Sc (Mathematics) and MBA (Finance).
    Experience
    Prior to joining L&T Mutual Fund he has worked with Tata Asset Management Ltd.
    Funds Managed
    addSoumendra Nath Lahiri
    Education
    Mr. Lahiri is a B.Tech and PGDM from IIM Bangalore.
    Experience
    Prior to joining L&T Mutual Fund he has worked with Canara Robeco AMC Co. Ltd., Emkay Investment Managers Ltd, Fortuna Capital, DSP Mutual Fund.
    Funds Managed
    addVihang Naik
    Education
    Mr. Naik is a CFA and TYBMS.
    Experience
    Prior to joining L&T Mutual Fund he was associated with L&T Investment Management Limited (Jul 2012-Jun 2016) as an Analyst and with MF Global Sify securities (Mar 2010-Jul 2012, Motilal Oswal Securities (May 2008-Mar 2010), SBICAP Securities (Oct 2006-Apr 2008) as Research Analyst.
    Funds Managed
    addKaran Desai
    Education
    Mr. Desai has done Bcom from Mumbai University and Msc Investments from University of Birmingham.
    Experience
    Prior to this he was working with L&TInvestment Management,HNI & Institutional and Accounts & Taxation
    Funds Managed
    addAlok Ranjan
    Education
    Mr. Ranjan has done PGDM (MBA) from IIM Calcutta, B.Tech in Mechanical Engineering from NIT Warangal.
    Experience
    Prior to joining L&T Mutual Fund, he has worked with L&T Investment Management Ltd.- As Equity Research Analyst (From November 2017 – September 2019), Shell India Private Ltd. - Senior Specialist - Market risk (From October 2017 – November 2017), JM Financial Ltd. - Equity Research Analyst (From March 2017 – September 2017), Kotak Mahindra Bank - Treasury Sales (From December 2015 – March 2017), American Express - Business Analyst (From April 2015 – December 2015), NTPC Ltd. - Assistant Manager (From August 2011 – May 2013).
    Funds Managed

    Other Details

    L&T Emerging Businesses Fund Growth is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 12 May 2014. Soumendra Nath Lahiri, Karan Desai is the Current Fund Manager of L&T Emerging Businesses Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹5,941 Cr and the Latest NAV as of 21 Jan 2020 is ₹24.13.

    The L&T Emerging Businesses Fund Growth is rated High risk. Minimum SIP Investment is 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

    To generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies (small cap stocks). The Scheme could also additionally invest in Foreign Securities. Emerging companies are businesses which are typically in the early stage of development and have the potential to grow their revenues and profits at a higher rate as compared to broader market. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

    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)

    Click here
    ₹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

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    About L&T Mutual Fund

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    6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
    Phone
    022-66554000
    Launch Date
    03 Jan 1997
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    Website
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