SWITCH TO DIRECTHELPMUTUAL FUNDS
0% COMMISSION ON GROWW

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 2022 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.

Why invest with Groww?

— Registered with SEBI, AMFI & BSE

— Paperless sign up on web & app

— Expert recommendations

— ZERO fees !

Sign Up

List of Lt Mutual Funds in India

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Aditya Birla Sun Life International Equity FundEquityVery High4.9%--₹107
Aditya Birla Sun Life International Equity FundEquityVery High26.1%--₹102
ICICI Prudential Floating Interest FundDebtLow to Moderate5.3%2₹11,869
Kotak International REIT FOF FundOtherVery High5.7%--₹132
SBI International Access - US Equity FoF FundOtherVery HighNA--₹1,104
Mirae Asset Global X Artificial Intelligence & Technology ETF FoF FundOtherVery HighNA--₹41
UTI Quarterly Interval FundDebtLow3.1%--₹4
UTI Quarterly Interval FundDebtLow3.3%--₹4
UTI Quarterly Interval FundDebtLow3.2%--₹8
L&T FMP Series XVI Plan A (1223 Days) FundDebtLow to Moderate5.5%--₹80
View All

Let's have a closer look

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

Aditya Birla Sun Life International Equity Fund Plan A Direct Growth

Fund Performance: The Aditya Birla Sun Life International Equity Fund has given 10.21% annualized returns in the past three years and 10.99% in the last 5 years. The Aditya Birla Sun Life International Equity Fund belongs to the Equity category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life International Equity Fund via lump sum is ₹1,000 and via SIP is ₹1,000.

Min Investment Amt₹1,000
AUM₹107Cr
1Y Returns4.9%

Aditya Birla Sun Life International Equity Fund Plan B Direct Growth

Fund Performance: The Aditya Birla Sun Life International Equity Fund has given 15.65% annualized returns in the past three years and 12.41% in the last 5 years. The Aditya Birla Sun Life International Equity Fund belongs to the Equity category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life International Equity Fund via lump sum is ₹1,000 and via SIP is ₹1,000.

Min Investment Amt₹1,000
AUM₹102Cr
1Y Returns26.1%

ICICI Prudential Floating Interest Fund Direct Plan Growth

Fund Performance: The ICICI Prudential Floating Interest Fund has given 6.43% annualized returns in the past three years and 7.27% in the last 5 years. The ICICI Prudential Floating Interest Fund belongs to the Debt category of ICICI Prudential Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Floating Interest Fund via lump sum is ₹500 and via SIP is ₹100.

Min Investment Amt₹500
AUM₹11,869Cr
1Y Returns5.3%

Kotak International REIT FOF Direct Growth

Fund Performance: The Kotak International REIT FOF Fund belongs to the Other category of Kotak Mahindra Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Kotak International REIT FOF Fund via lump sum is ₹5,000 and via SIP is ₹1,000.

Min Investment Amt₹5,000
AUM₹132Cr
1Y Returns5.7%

SBI International Access US Equity FoF Direct Growth

Fund Performance: The SBI International Access - US Equity FoF Fund belongs to the Other category of SBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in SBI International Access - US Equity FoF Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹1,104Cr
1Y ReturnsNA

Mirae Asset Global X Artificial Intelligence & Technology ETF FoF Direct Growth

Fund Performance: The Mirae Asset Global X Artificial Intelligence & Technology ETF FoF Fund belongs to the Other category of Mirae Asset Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Mirae Asset Global X Artificial Intelligence & Technology ETF FoF Fund via lump sum is ₹5,000 and via SIP is ₹1,000.

Min Investment Amt₹5,000
AUM₹41Cr
1Y ReturnsNA

UTI Quarterly Interval Fund Series 1 Direct Growth

Fund Performance: The UTI Quarterly Interval Fund has given 4.01% annualized returns in the past three years and 5.24% in the last 5 years. The UTI Quarterly Interval Fund belongs to the Debt category of UTI Mutual Funds.

Minimum Investment Amount:

Min Investment Amt₹1,00,00,000
AUM₹4Cr
1Y Returns3.1%

UTI Quarterly Interval Fund Series III Direct Growth

Fund Performance: The UTI Quarterly Interval Fund has given 4.32% annualized returns in the past three years and 5.48% in the last 5 years. The UTI Quarterly Interval Fund belongs to the Debt category of UTI Mutual Funds.

Minimum Investment Amount:

Min Investment Amt₹10,000
AUM₹4Cr
1Y Returns3.3%

UTI Quarterly Interval Fund Series VI Direct Growth

Fund Performance: The UTI Quarterly Interval Fund has given 4.35% annualized returns in the past three years and 5.46% in the last 5 years. The UTI Quarterly Interval Fund belongs to the Debt category of UTI Mutual Funds.

Minimum Investment Amount:

Min Investment Amt₹10,000
AUM₹8Cr
1Y Returns3.2%

L&T FMP Series XVI Plan A (1223 Days) Direct Growth

Fund Performance: The L&T FMP Series XVI Plan A (1223 Days) Fund belongs to the Debt category of L&T Mutual Funds.

Minimum Investment Amount:

Min Investment Amt₹5,000
AUM₹80Cr
1Y Returns5.5%

Explore all Mutual Funds on Groww

Explore Mutual Funds
ⓒ 2016-2023 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 3.7.0
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI