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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 FundEquityHigh14.5%3star5,733
L&T Midcap FundEquityHigh17.6%3star6,183
L&T India Value FundEquityModerately High18.2%4star6,635
L&T Infrastructure FundEquityHigh2.9%3star1,199
L&T Low Duration FundDebtModerate6.9%3star1,248
L&T Tax Advantage FundEquityModerately High14.6%3star3,439
L&T Hybrid Equity FundHybridModerately High16.2%3star5,721
L&T Money Market FundDebtModerately Low5.6%4star952
L&T Liquid FundDebtLow4.1%3star8,084
L&T Short Term Bond FundDebtModerately Low9.4%4star4,445
Aditya Birla Sun Life International Equity Fund - Plan ADEBTHigh15.2%1star102
L&T India Large Cap FundEquityModerately High16.7%2star616
L&T Ultra Short Term FundDebtModerately Low5.6%3star1,966
Aditya Birla Sun Life International Equity Fund - Plan BEquityHigh15.8%2star90
L&T Large and Midcap FundEquityModerately High16.7%3star1,298
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 -0.92% annualized returns in the last three years. In the last year, its returns were 14.51%. 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 14.51% 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
AUM5,733Cr
1Y Returns14.5%

L&T Midcap Fund Direct Growth

Fund Performance: This fund has given 3% annualized returns in the last three years. In the last year, its returns were 17.65%. 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 17.65% 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
AUM6,183Cr
1Y Returns17.6%

L&T India Value Fund Direct Growth

Fund Performance: This fund has given 4% annualized returns in the last three years. In the last year, its returns were 18.16%. 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 18.16% 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
AUM6,635Cr
1Y Returns18.2%

L&T Infrastructure Fund Direct Growth

Fund Performance: This fund has given -3.93% annualized returns in the last three years. In the last year, its returns were 2.92%. 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 2.92% 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
AUM1,199Cr
1Y Returns2.9%

L&T Low Duration Fund Direct Growth

Fund Performance: This fund has given 6.6% annualized returns in the last three years. In the last year, its returns were 6.94%. 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 6.94% 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
AUM1,248Cr
1Y Returns6.9%

L&T Tax Advantage Fund Direct Growth

Fund Performance: This fund has given 3.61% annualized returns in the last three years. In the last year, its returns were 14.62%. 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 14.62% 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
AUM3,439Cr
1Y Returns14.6%

L&T Hybrid Equity Fund Direct Growth

Fund Performance: This fund has given 6.45% annualized returns in the last three years. In the last year, its returns were 16.17%. 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 16.17% 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
AUM5,721Cr
1Y Returns16.2%

L&T Money Market Fund Direct Growth

Fund Performance: This fund has given 7.37% annualized returns in the last three years. In the last year, its returns were 5.64%. 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 5.64% 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
AUM952Cr
1Y Returns5.6%

L&T Liquid Plan Direct Growth

Fund Performance: This fund has given 6.01% annualized returns in the last three years. In the last year, its returns were 4.12%. 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 4.12% 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
AUM8,084Cr
1Y Returns4.1%

L&T Short Term Bond Fund Direct Growth

Fund Performance: This fund has given 8.81% annualized returns in the last three years. In the last year, its returns were 9.38%. 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 9.38% 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
AUM4,445Cr
1Y Returns9.4%

Aditya Birla Sun Life International Equity Fund Plan A Direct Growth

Fund Performance: This fund has given 13.95% annualized returns in the last three years. In the last year, its returns were 15.22%. 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 15.22% 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
AUM102Cr
1Y Returns15.2%

L&T India Large Cap Fund Direct Growth

Fund Performance: This fund has given 9.08% annualized returns in the last three years. In the last year, its returns were 16.69%. 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 16.69% 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
AUM616Cr
1Y Returns16.7%

L&T Ultra Short Term Fund Direct Growth

Fund Performance: This fund has given 7.07% annualized returns in the last three years. In the last year, its returns were 5.58%. 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 5.58% 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
AUM1,966Cr
1Y Returns5.6%

Aditya Birla Sun Life International Equity Fund Plan B Direct Growth

Fund Performance: This fund has given 6.37% annualized returns in the last three years. In the last year, its returns were 15.85%. 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 15.85% 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
AUM90Cr
1Y Returns15.8%

L&T Large and Midcap Fund Direct Growth

Fund Performance: This fund has given 4.1% annualized returns in the last three years. In the last year, its returns were 16.66%. 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 16.66% 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
AUM1,298Cr
1Y Returns16.7%

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