L&T Business Cycles Direct Growth - Latest NAV ₹20.43, Returns, Performance & Portfolio

L&T Business Cycles Direct Growth

  • highlight
    14%
  • highlight
    (--0.23)20.43

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 13.16 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years14%
3 Years6.13%
1 Year28.34%
6 Months38.31%
Fund Details
ISININF917K01RI2
Risk
Fund TypeEquity - Other
NAV20.43
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
HDFC Bank Ltd8.18%
ICICI Bank Ltd7.48%
Reliance Industries Ltd Shs Dematerialised5.82%
Ratnamani Metals & Tubes Ltd4.99%
UltraTech Cement Ltd4.57%
Deepak Nitrite Ltd3.51%
Larsen & Toubro Ltd Shs Dematerialised3.42%
Timken India Ltd3.32%
Mahindra & Mahindra Ltd2.63%
Godrej Properties Ltd2.61%

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.

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Frequently Asked Questions

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Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 13.16 Lakhs in a period of 20 years

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns