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Best L&T Equity Mutual Funds

L&T Investment Management Limited is one of the top 10 AMCs in India, catering to various investment needs. Founded in 1997, it has an average Assets Under Management (AUM) of Rs. 72727.95 crore as of June 2021. L&T Finance Holdings Limited, a listed company registered with RBI as an NBFC, is this AMC’s sponsor. 

This company offers more than 30 mutual fund schemes, including the best L&T equity mutual funds.

Equity mutual funds invest in stocks of companies across all market capitalisations. There are several types of equity funds that depend on investment strategy, market capitalisation, tax treatment, etc. Some of these types include small-cap, mid-cap, large-cap, actively managed, passively managed, ELSS, and sectoral funds.

Mutual Funds of this type offer the highest returns than any other kind because of equity exposure as high as 95%. However, equity mutual funds are impacted by market fluctuations directly. Therefore, one should measure his/her risk-taking capacity before investing in these funds. Apart from this, equity mutual funds enable you to attain portfolio diversification as you can invest a small amount to gain exposure to various stocks. 

Some more benefits of investing in this mutual fund sub-type are its flexibility and liquidity. However, it is vital to note that the advantages and disadvantages will vary depending on the type of equity mutual fund you are opting for. 

Taxability

But, before you invest in the best L&T mutual funds 2021 from among the 10+ schemes it offers, check the pertinent taxability. 

Short-term Capital Gains Tax: A STCGT is applicable on your gains if you redeem units of the best L&T equity mutual funds within a year of investment. You will be taxed at a flat rate of 15%, irrespective of the net profits. 

Long-term Capital Gains Tax: In case you realise the capital gains after a holding period of 12 months or more, you are liable to pay an LTCGT. These gains are tax-exempt if the amount is up to Rs.1 lakh. Any amount above that mark is taxable at 10% without indexation benefits. 

TDS: Tax Deducted at Source applies to dividends above Rs.5000. 

Understanding the taxability of the top L&T equity mutual funds is crucial in investment and liquidation decisions. However, that’s not sufficient to informedly pick the most suitable equity mutual funds. 

Factors to Consider Before Investing

To that end, here are some pointers to keep in mind before going for an equity MF. 

Investment objective: Every investor has a financial goal that should be in sync with the fund’s objectives. You may want to evaluate these objectives before shortlisting the best L&T mutual fund. 

Risk analysis: As mentioned already, equity funds are a highly risky investment option. Therefore, one should estimate his/her risk appetite before investing in such schemes. It is advisable to consider every aspect of the best L&T equity mutual funds as they are significantly susceptible to market risks.

Fund performance: The past performance of a fund is important to consider prior to investing. It may not be an indicator of the returns a scheme will generate presently. But it can give insights into how it delivered under different market conditions over a prolonged period. 

Holding analysis: Review the holding analysis of a scheme to learn where your resources are invested. It provides a rough idea of the expected returns and risks involved. 

Fund manager’s experience: A fund manager with prior experience can identify the areas of investment that will result in higher returns. Therefore, it is necessary to review a fund manager’s experience before investing. 

Expense ratio: This reflects a fee charged by the AMC for management, administration, promotion, and distribution of a mutual fund scheme. The respective AMC deducts this amount from the final return.

Exit load: Some AMCs charge a fee if you exit the fund during the lock-in period. However, some companies may not levy a charge if investors liquidate their holdings within a certain period, as per the scheme details. Therefore, consider this point before investing in the best L&T equity mutual funds.

Regular or direct plan: A regular plan requires investors to buy units of a scheme via a third-party agent, like a broker. This drives up the cost of management for AMCs, translating to higher expense ratios. Conversely, a direct plan lets people invest in the top L&T equity mutual fund without the involvement of any third party. Thus, they involve a lower expense ratio. You may want to consider this point prudently to decide the suitable route. 

Investment method: Another essential factor to consider is whether you’ll invest via SIP or lump-sum. SIP lets you invest a fixed sum periodically. Units are allotted according to the NAV on the date of a deposit, which proffers the benefit of rupee cost averaging. On the other hand, investors can make a one-time deposit to buy units of an equity MF scheme per that day’s NAV via the lump-sum route.  

Choosing the right L&T equity scheme to invest in can be a tedious job. However, the above points can make the selection procedure seamless and less time-consuming.

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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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