L&T Business Cycles Direct Growth

About L&T Business Cycles Fund - Direct Plan - Growth

The main intention of the fund is to create returns in the long run in the form of capital gains by constituting a portfolio by including equity and equity-linked securities with a focus on benefiting from the business cycles. The fund is dynamically managed.

Pros and Cons of L&T Business Cycles Fund - Direct Plan - Growth

The primary advantage of investing in this fund is that you gain exposure to a portfolio formed by equities and equity-linked securities that ride on the business cycles. You get the benefit of diversification as the fund chooses to invest across sectors at various growth stages and economic conditions.

Fund Information and Statistics

i) Inception/Launch Date

L&T Business Cycles Fund - Direct Plan - Growth was launched on 20 August 2014.

ii) Risk Level

L&T Business Cycles Fund - Direct Plan - Growth has been clubbed under the high-risk category of mutual funds by L&T Mutual Fund.

iii) Redemption

Since L&T Business Cycles Fund - Direct Plan - Growth is open-ended, you can sell your fund units at any time.

iv) Fund Manager

Mr Vihang Naik and Mr Venugopal Manghat are the current fund managers of L&T Business Cycles Fund - Direct Plan - Growth.

There is no entry load levied on L&T Business Cycles Fund - Direct Plan - Growth as per the guidelines of the Indian markets supremo. An exit of 1% is payable on the units in excess of 10% on selling fund units within one year from the date of allocation.

About L&T Mutual Fund

L&T Mutual Fund is one of the renowned fund houses in the country. Its assets under management (AUM) touched a considerable Rs 58,261.93 crore as of June 2020. The fund house is being managed by L&T Finance Holdings while its trustee company is L&T Mutual Fund Trustee Ltd. It formally registered with the Securities and Exchange Board of India (SEBI) in 1996.