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Best L&T Debt Mutual Funds

L&T Mutual Fund offers a bouquet of mutual fund schemes for investors of various investing ideologies. It is one of the pioneering asset management companies of India that has made a mark of its own in the financial industry. L&T Investment Management Limited is the Asset Management Company for all L&T Mutual Fund schemes.

The fund was launched on 3rd January 1997 and as of June 2018, it has an asset under management of Rs.71118.29 crores. Being a well-known brand in India, this AMC maintains a reputation to giving consistent returns to investors and has funds performing brilliantly across different categories.

Over the last twenty one years, this fund has put investor needs to the forefront and will continue to do so in the future as well.

Equity Savings Fund typically invests the total capital in three segments- pure equity, arbitrage and debt funds. Generally, one-third of the total capital in pure equity, one-third in debt funds and the balance in arbitrage funds. However, the composition varies from fund to fund. The equity component can vary from 20-40% approx and depends on the type of mutual fund.

These funds outperform debt funds over taxation and treated as equity funds for taxation. If sold before a year, short term capital gains are taxed at 15% and if sold after a year, no tax is levied on the gains.

Purpose: Invest here for your longer duration to get higher returns than debt funds.

If you are saving for very short-term goals like a vacation or buying an automobile, then this category is ideal for gains within one year. It is also an excellent resort to park your money until you decide where to invest or spend next. Returns are taxed as per your income tax slab if sold before three years and have negligible tax post that period.

Purpose: Invest here for your short term goals like a vacation, buying a bike, jewelry or expensive gadget.

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Top 10 Lt Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
L&T Emerging Businesses FundEquityVery High96.8%3star7,594
L&T Midcap FundEquityVery High55.6%2star7,082
L&T India Value FundEquityVery High65.8%3star7,903
L&T Infrastructure FundEquityVery High85.8%2star1,327
L&T Low Duration FundDebtLow to Moderate4.4%2star1,327
L&T Tax Advantage FundEquityVery High47.4%2star3,599
L&T Hybrid Equity FundHybridVery High37.4%3star5,460
L&T Money Market FundDebtLow to Moderate3.4%2star1,277
L&T Liquid FundDebtLow to Moderate3.2%3star5,603
L&T Short Term Bond FundDebtLow to Moderate4.3%3star4,526
Aditya Birla Sun Life International Equity Fund - Plan AEquityVery High25.1%1star123
L&T India Large Cap FundEquityVery High50.3%2star740
L&T Ultra Short Term FundDebtLow to Moderate3.5%3star2,100
Aditya Birla Sun Life International Equity Fund - Plan BEquityVery High51.3%2star104
L&T Large and Midcap FundEquityVery High43.4%1star1,479
View All Top 10 Lt Mutual Funds

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

L&T Emerging Businesses Fund Direct Growth

Fund Performance: This fund has given 23.42% annualized returns in the last three years. In the last year, its returns were 96.84%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 96.84% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM7,594Cr
1Y Returns96.8%

L&T Midcap Fund Direct Growth

Fund Performance: This fund has given 20.94% annualized returns in the last three years. In the last year, its returns were 55.59%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 55.59% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM7,082Cr
1Y Returns55.6%

L&T India Value Fund Direct Growth

Fund Performance: This fund has given 22.75% annualized returns in the last three years. In the last year, its returns were 65.78%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 65.78% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM7,903Cr
1Y Returns65.8%

L&T Infrastructure Fund Direct Growth

Fund Performance: This fund has given 17.64% annualized returns in the last three years. In the last year, its returns were 85.79%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 85.79% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM1,327Cr
1Y Returns85.8%

L&T Low Duration Fund Direct Growth

Fund Performance: This fund has given 6.15% annualized returns in the last three years. In the last year, its returns were 4.37%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 4.37% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹10,000. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹10,000
AUM1,327Cr
1Y Returns4.4%

L&T Tax Advantage Fund Direct Growth

Fund Performance: This fund has given 16.27% annualized returns in the last three years. In the last year, its returns were 47.4%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 47.4% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹500
AUM3,599Cr
1Y Returns47.4%

L&T Hybrid Equity Fund Direct Growth

Fund Performance: This fund has given 16.51% annualized returns in the last three years. In the last year, its returns were 37.36%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 37.36% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM5,460Cr
1Y Returns37.4%

L&T Money Market Fund Direct Growth

Fund Performance: This fund has given 6.31% annualized returns in the last three years. In the last year, its returns were 3.36%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 3.36% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹10,000. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹10,000
AUM1,277Cr
1Y Returns3.4%

L&T Liquid Plan Direct Growth

Fund Performance: This fund has given 4.97% annualized returns in the last three years. In the last year, its returns were 3.22%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 3.22% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹10,000. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹10,000
AUM5,603Cr
1Y Returns3.2%

L&T Short Term Bond Fund Direct Growth

Fund Performance: This fund has given 8.38% annualized returns in the last three years. In the last year, its returns were 4.25%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 4.25% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹10,000. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹10,000
AUM4,526Cr
1Y Returns4.3%

Aditya Birla Sun Life International Equity Fund Plan A Direct Growth

Fund Performance: This fund has given 13.97% annualized returns in the last three years. In the last year, its returns were 25.12%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 25.12% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹1,000
AUM123Cr
1Y Returns25.1%

L&T India Large Cap Fund Direct Growth

Fund Performance: This fund has given 21.39% annualized returns in the last three years. In the last year, its returns were 50.25%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 50.25% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM740Cr
1Y Returns50.3%

L&T Ultra Short Term Fund Direct Growth

Fund Performance: This fund has given 6.09% annualized returns in the last three years. In the last year, its returns were 3.49%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 3.49% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹10,000. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹10,000
AUM2,100Cr
1Y Returns3.5%

Aditya Birla Sun Life International Equity Fund Plan B Direct Growth

Fund Performance: This fund has given 17.94% annualized returns in the last three years. In the last year, its returns were 51.28%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 51.28% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹1,000
AUM104Cr
1Y Returns51.3%

L&T Large and Midcap Fund Direct Growth

Fund Performance: This fund has given 18.28% annualized returns in the last three years. In the last year, its returns were 43.35%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 43.35% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM1,479Cr
1Y Returns43.4%

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