L&T Emerging Businesses Fund Direct Growth - Latest NAV ₹31.569, Returns, Performance & Portfolio

L&T Emerging Businesses Fund Direct Growth

  • highlight
    19.11%
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    (+0.52)31.569

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 27.65 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years19.11%
3 Years3.24%
1 Year37.33%
6 Months40.5%
Fund Details
ISININF917K01QA1
RiskHigh Risk
Fund TypeSmall-Cap
NAV31.569
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Persistent Systems Ltd3.7%
K.P.R. Mill Ltd3.61%
Emami Ltd3.01%
Deepak Nitrite Ltd2.9%
Sonata Software Ltd2.55%
Suven Pharmaceuticals Ltd2.39%
Balrampur Chini Mills Ltd2.23%
Grindwell Norton Ltd2.23%
VST Industries Ltd1.95%
Finolex Industries Ltd Shs Dematerialised1.92%

About L&T Emerging Businesses Fund

L&T Emerging Businesses Fund, an open-ended equity scheme, invests primarily in small-cap stocks. The fund aims to earn long-term capital growth by investing in equity and equity-related securities, including equity derivatives. Also, it additionally invests in foreign securities.

Pros and Cons of L&T Emerging Businesses Fund

The fund comes with a lower expense ratio, and the three-year returns from your investment are higher than the category average returns. However, one-year returns may be lower than the category average returns.

Fund Information and Statistics

i) Inception/Launch Date L&T Emerging Businesses Fund was launched on 13 May 2014.

ii) Risk level Around 65%-100% of your investments may be exposed to equity and equity-related securities, including Indian and foreign equity securities as approved by SEBI and RBI. This investment holds a high-risk profile. Besides, 0%-35% of the investments may be exposed to debt and other money market instruments and this allocation comes with low to medium risk profile.

iii) Redemption L&T Emerging Businesses Fund does not have a lock-in period. Therefore, you can choose to redeem the investments or switch-out from the scheme at any time at the cost of exit load/capital gains.

iv) Fund Manager Mr Venugopal Manghat and Vihang Naikand are the current Fund Managers for investments in the Indian market, while Mr Alok Ranjan is the current Fund Manager for investments in foreign securities.

v) Entry/Exit Load While entry load is discontinued for mutual funds, a 1% exit load will be charged if units are redeemed or switched out within one year from the date of allotment.

About L&T Financial Services

L&T Financial Services registered with SEBI on 3 January 1997. It offers a total of 28,93,608 folios as of today. The Asset Under Management of the fund house as of 31 May 2020 is Rs.58,012.20 crore. L&T Finance Holdings Limited is the sponsor of the L&T Financial Services, while L&T Mutual Fund Trustee Limited is the trustee.

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Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 27.65 Lakhs in a period of 20 years
High Risk

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