August 9, 2022
mayank
L&T Emerging Businesses Fund Guidance
NAV Growth : Rs 48.6880
NAV IDCW : Rs 34.1410
Suitable For Which Investors ?
When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in smaller companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy :
The Scheme will primarily be a diversified equity fund which will invest predominantly in small cap stocks to generate long term capital appreciation.
Fund Manager :
— Venugopal Manghat
Education : Mr. Manghat is a B.Sc (Mathematics) and MBA (Finance).
Experience : Prior to joining L&T Mutual Fund he has worked with Tata Asset Management Ltd.
— Vihang Naik
Education : Mr. Naik is a CFA & BMS.
Experience : Prior to joining L&T Mutual Fund, he was associated with MF Global, Motilal Oswal Securities and SBICAP Securities.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | 500 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | Not Applicable |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
Basic Details
| Fund House: | L&T Mutual Fund |
| Launch Date: | 12-May-14 |
| Return Since Launch: | 21.16% |
| Benchmark: | S&P BSE 250 SmallCap TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 7,336 Cr |
| (As on 30-Jun-2022) | |
| Expense Ratio: | 0.81% |
| (As on 30-Jun-2022) | |
| Risk Grade: | Average |
| Return Grade: | Average |
| Turnover: | 15.34% |
L&T Emerging Businesses Fund Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| L&T Emerging Businesses Direct-G | -2.72 | 0.35 | 0.54 | 6.88 | 5.31 | -0.74 | 12.85 | 29.73 | 14.33 | 17.52 | — |
| S&P BSE 250 SmallCap TRI | -7.1 | 0.45 | 0.52 | 8.25 | 2.09 | -6.2 | 0.68 | 26.34 | 9.3 | 11.16 | — |
| Equity: Small Cap | -4.23 | 0.38 | 0.48 | 7.34 | 3.86 | -2.55 | 5.91 | 32.88 | 14.68 | 15.23 | — |
| Rank within category | 13 | 16 | 12 | 21 | 10 | 11 | 5 | 16 | 8 | 5 | — |
| Number of funds in category | 28 | 29 | 29 | 29 | 29 | 28 | 27 | 20 | 14 | 13 | 0 |
L&T Emerging Businesses Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| L&T Emerging Businesses Fund | 3 star | May-14 | 12.85 | 29.73 | 14.33 | 0.81 | 7,336 |
| Nippon India Small Cap Fund | 4 star | Jan-13 | 13.01 | 35.81 | 18.67 | 1.04 | 18,358 |
| SBI Small Cap Fund | 4 star | Jan-13 | 15.22 | 33.06 | 20.2 | 0.76 | 11,646 |
| Axis Small Cap Fund | 5 star | Nov-13 | 11.71 | 31.77 | 20.63 | 0.49 | 8,956 |
| Kotak Small Cap Fund | 4 star | Jan-13 | 8.86 | 37.87 | 18.7 | 0.59 | 7,080 |
Portfolio Analysis
| Number of Stocks | 81 |
| Top 10 Stocks (%) | 27.7 |
| Top 5 Stocks (%) | 17.25 |
| Top 3 Sectors (%) | 40.23 |
| Portfolio P/B Ratio | 3.28 |
| Portfolio P/E Ratio | 21.61 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 8,636 | 8,886 |
| Giant (%) | — | 5.8 |
| Large (%) | — | 3.42 |
| Mid (%) | 51.93 | 41.83 |
| Small (%) | 47.53 | 54.17 |
| Tiny (%) | 0.54 | 0.54 |
L&T Emerging Businesses Fund Guidance by Chanakya :
Do not invest in this, or any other small-cap fund, if you need to redeem your investment in less than seven years.
Apply Online :
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