Fund Details
L&T Emerging Businesses Fund Growth
| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.98% |
| NAV | ₹24.14 (23 Nov 2020) |
|---|---|
| Fund Started | 12 May 2014 |
| Fund Size | ₹5,271 Cr |
Fund Overview
Returns
as per Historical 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 | 3.9% |
| KPR Mills Ltd. | Textiles | Equity | 3.0% |
| Ipca Laboratories Ltd. | Healthcare | Equity | 2.7% |
| Emami Ltd. | FMCG | Equity | 2.6% |
| VST Industries Ltd. | FMCG | Equity | 2.4% |
| Deepak Nitrite Ltd. | Chemicals | Equity | 2.4% |
| Tube Investments Of India Ltd. | Automobile | Equity | 2.3% |
| Suven Pharmaceutical Ltd. | Healthcare | Equity | 2.3% |
| Navin Fluorine International Ltd. | Chemicals | Equity | 2.2% |
| Trent Ltd. | Services | Equity | 2.0% |
Fund Managers
L&T Emerging Businesses Fund Growth Details
L&T Emerging Businesses Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹5,271 Cr and the Latest NAV as of 23 Nov 2020 is ₹24.14.
The L&T Emerging Businesses Fund Growth 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.
