Table of Contents
L&T Mutual Fund is a well-known fund house in India. It was constituted under the sponsorship of L&T Finance Holding Limited and the trusteeship of L&T Mutual Fund trustee Limited. Investors planning to invest in L&T can choose from a Range of options like— equity, debt, hybrid, etc. Equity Funds are a good option for a long-term Investment plan. You can aim for a long-term wealth creation by Investing in equity funds. To earn optimal returns over a short period, you can prefer investing in Debt fund. Hybrid funds, also known as Balanced Fund, act as a combination of both debt and equity funds.
Investors who wish to seek dual benefits, i.e., to build long-term wealth and also earn regular returns over time, can invest in balanced funds offered by L&T MF. However, to make good profits, investing in a good fund is important. Therefore, we have listed down the top 10 best L&T Mutual Fund schemes to invest in 2024.
These funds have been shortlisted by undertaking certain parameters like AUM, NAV, past performances, peer average returns, etc.
Talk to our investment specialist
Individuals can purchase and redeem their funds as per their convenience without much hassle either through online or offline mode.
L&T MF evaluates companies by considering numerous parameters such as liquidity, business attractiveness, management track record, and much more.
Fund NAV Net Assets (Cr) Min Investment Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) L&T Emerging Businesses Fund Growth ₹72.065
↓ -0.22 ₹13,401 5,000 500 2.4 14 47.7 33.3 23.9 46.1 L&T Infrastructure Fund Growth ₹41.2377
↑ 0.01 ₹2,213 5,000 500 7.1 23.6 56.7 33 20.9 50.7 L&T India Value Fund Growth ₹92.405
↑ 0.13 ₹11,431 5,000 500 5.7 22.7 51.6 27 20.7 39.4 L&T Business Cycles Fund Growth ₹35.2954
↑ 0.04 ₹764 5,000 500 8.6 23.4 44.4 24.1 18.3 31.3 L&T Midcap Fund Growth ₹321.195
↓ -1.67 ₹9,741 5,000 500 8.3 24.6 55.9 22.8 18.9 40 L&T Tax Advantage Fund Growth ₹111.618
↑ 0.48 ₹3,674 500 500 7.6 21.6 42.4 18.9 15.7 28.4 L&T Large and Midcap Fund Growth ₹72.8402
↑ 0.12 ₹1,620 5,000 500 3.7 18 1.5 14.9 7.9 L&T Equity Fund Growth ₹124.542
↑ 0.00 ₹2,884 5,000 500 3.3 15.6 2.2 14.3 9 L&T Hybrid Equity Fund Growth ₹47.9138
↑ 0.03 ₹5,147 5,000 500 5.1 14.1 32.1 14.2 12.9 24.3 L&T India Large Cap Fund Growth ₹42.242
↑ 0.02 ₹758 5,000 500 4.4 16.7 2.9 13.6 10.5 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Apr 24 100 Crore
& sorted on 3Year CAGR Return
.
To generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies (small cap stocks). The Scheme could also additionally invest in Foreign Securities. L&T Emerging Businesses Fund is a Equity - Small Cap fund was launched on 12 May 14. It is a fund with High risk and has given a Below is the key information for L&T Emerging Businesses Fund Returns up to 1 year are on To generate capital appreciation by investing predominantly in equity and equity related instruments of companies in the infrastructure sector. L&T Infrastructure Fund is a Equity - Sectoral fund was launched on 27 Sep 07. It is a fund with High risk and has given a Below is the key information for L&T Infrastructure Fund Returns up to 1 year are on To generate long-term capital appreciation from diversified portfolio of predominantly equity and equity related securities, in the Indian markets with higher focus on undervalued securities. The Scheme could also additionally invest in Foreign Securities in international markets. L&T India Value Fund is a Equity - Value fund was launched on 8 Jan 10. It is a fund with Moderately High risk and has given a Below is the key information for L&T India Value Fund Returns up to 1 year are on To seek to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian market with focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy L&T Business Cycles Fund is a Equity - Sectoral fund was launched on 20 Aug 14. It is a fund with Moderately High risk and has given a Below is the key information for L&T Business Cycles Fund Returns up to 1 year are on To generate capital appreciation by investing primarily in midcap stocks. The scheme will invest primarily in companies whose market capitalization falls between the highest and the lowest constituent of the Nifty Free Float Midcap 100. L&T Midcap Fund is a Equity - Mid Cap fund was launched on 9 Aug 04. It is a fund with High risk and has given a Below is the key information for L&T Midcap Fund Returns up to 1 year are on To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. L&T Tax Advantage Fund is a Equity - ELSS fund was launched on 27 Feb 06. It is a fund with Moderately High risk and has given a Below is the key information for L&T Tax Advantage Fund Returns up to 1 year are on (Erstwhile L&T India Special Situations Fund) To generate long-term capital growth from a diversified portfolio of predominantly equity and equity related securities including equity derivatives. L&T Large and Midcap Fund is a Equity - Large & Mid Cap fund was launched on 22 May 06. It is a fund with Moderately High risk and has given a Below is the key information for L&T Large and Midcap Fund Returns up to 1 year are on To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. L&T Equity Fund is a Equity - Multi Cap fund was launched on 16 May 05. It is a fund with Moderately High risk and has given a Below is the key information for L&T Equity Fund Returns up to 1 year are on (Erstwhile L&T India Prudence Fund) To seek to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments L&T Hybrid Equity Fund is a Hybrid - Hybrid Equity fund was launched on 7 Feb 11. It is a fund with Moderately High risk and has given a Below is the key information for L&T Hybrid Equity Fund Returns up to 1 year are on To generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets. The Scheme will predominantly invest in large cap stocks. The Scheme could also additionally invest in Foreign Securities. L&T India Large Cap Fund is a Equity - Large Cap fund was launched on 23 Oct 07. It is a fund with Moderately High risk and has given a Below is the key information for L&T India Large Cap Fund Returns up to 1 year are on 1. L&T Emerging Businesses Fund
CAGR/Annualized
return of 22% since its launch. Ranked 2 in Small Cap
category. Return for 2023 was 46.1% , 2022 was 1% and 2021 was 77.4% . L&T Emerging Businesses Fund
Growth Launch Date 12 May 14 NAV (19 Apr 24) ₹72.065 ↓ -0.22 (-0.30 %) Net Assets (Cr) ₹13,401 on 31 Mar 24 Category Equity - Small Cap AMC L&T Investment Management Ltd Rating ☆☆☆☆☆ Risk High Expense Ratio 1.84 Sharpe Ratio 2.51 Information Ratio 0.63 Alpha Ratio -3.95 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹6,033 31 Mar 21 ₹12,071 31 Mar 22 ₹18,020 31 Mar 23 ₹18,875 31 Mar 24 ₹27,766 Returns for L&T Emerging Businesses Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 19 Apr 24 Duration Returns 1 Month 9% 3 Month 2.4% 6 Month 14% 1 Year 47.7% 3 Year 33.3% 5 Year 23.9% 10 Year 15 Year Since launch 22% Historical performance (Yearly) on absolute basis
Year Returns 2023 46.1% 2022 1% 2021 77.4% 2020 15.5% 2019 -8.1% 2018 -13.7% 2017 66.5% 2016 10.2% 2015 12.3% 2014 Fund Manager information for L&T Emerging Businesses Fund
Name Since Tenure Venugopal Manghat 17 Dec 19 4.29 Yr. Cheenu Gupta 1 Oct 23 0.5 Yr. Sonal Gupta 1 Oct 23 0.5 Yr. Data below for L&T Emerging Businesses Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 31.31% Basic Materials 15.53% Consumer Cyclical 14.12% Technology 10.78% Financial Services 9.3% Real Estate 7.01% Health Care 4.9% Consumer Defensive 2.51% Energy 1.02% Asset Allocation
Asset Class Value Cash 2.17% Equity 97.83% Top Securities Holdings / Portfolio
Name Holding Value Quantity Apar Industries Ltd (Industrials)
Equity, Since 31 Mar 17 | APARINDS3% ₹418 Cr 668,400
↓ -33,201 Sonata Software Ltd (Technology)
Equity, Since 31 Jul 18 | SONATSOFTW3% ₹397 Cr 4,896,490 Brigade Enterprises Ltd (Real Estate)
Equity, Since 31 Jul 19 | 5329293% ₹397 Cr 3,966,279
↓ -128,121 EIH Ltd (Consumer Cyclical)
Equity, Since 31 May 17 | 5008403% ₹349 Cr 8,627,473
↓ -1,396,149 KPIT Technologies Ltd (Technology)
Equity, Since 30 Sep 21 | KPITTECH3% ₹344 Cr 2,188,200 KEI Industries Ltd (Industrials)
Equity, Since 31 Jan 20 | KEI2% ₹304 Cr 947,670
↓ -37,688 NCC Ltd (Industrials)
Equity, Since 28 Feb 21 | NCC2% ₹279 Cr 11,291,100
↑ 3,431,400 K.P.R. Mill Ltd (Consumer Cyclical)
Equity, Since 28 Feb 15 | KPRMILL2% ₹276 Cr 3,586,897
↓ -100,000 Sobha Ltd (Real Estate)
Equity, Since 31 Mar 17 | SOBHA2% ₹269 Cr 1,721,853
↑ 296,920 Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 30 Nov 17 | RATNAMANI2% ₹256 Cr 842,458
↓ -27,964 2. L&T Infrastructure Fund
CAGR/Annualized
return of 8.9% since its launch. Return for 2023 was 50.7% , 2022 was 3.1% and 2021 was 56.3% . L&T Infrastructure Fund
Growth Launch Date 27 Sep 07 NAV (19 Apr 24) ₹41.2377 ↑ 0.01 (0.02 %) Net Assets (Cr) ₹2,213 on 31 Mar 24 Category Equity - Sectoral AMC L&T Investment Management Ltd Rating Risk High Expense Ratio 2.2 Sharpe Ratio 2.87 Information Ratio 0.22 Alpha Ratio 1.76 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹6,532 31 Mar 21 ₹11,335 31 Mar 22 ₹14,704 31 Mar 23 ₹16,145 31 Mar 24 ₹24,959 Returns for L&T Infrastructure Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 19 Apr 24 Duration Returns 1 Month 10.4% 3 Month 7.1% 6 Month 23.6% 1 Year 56.7% 3 Year 33% 5 Year 20.9% 10 Year 15 Year Since launch 8.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 50.7% 2022 3.1% 2021 56.3% 2020 1.6% 2019 -3.1% 2018 -17.1% 2017 61.1% 2016 8.6% 2015 6.8% 2014 65.5% Fund Manager information for L&T Infrastructure Fund
Name Since Tenure Venugopal Manghat 17 Dec 19 4.29 Yr. Gautam Bhupal 26 Nov 22 1.35 Yr. Sonal Gupta 26 Nov 22 1.35 Yr. Data below for L&T Infrastructure Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 53.36% Basic Materials 15.74% Utility 8.26% Energy 6.43% Real Estate 4.4% Communication Services 3.71% Technology 3.39% Financial Services 1.67% Consumer Cyclical 1.04% Asset Allocation
Asset Class Value Cash 1.99% Equity 98.01% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 12 | LT9% ₹195 Cr 560,008 NTPC Ltd (Utilities)
Equity, Since 31 Jan 22 | 5325558% ₹181 Cr 5,385,500 Bharat Electronics Ltd (Industrials)
Equity, Since 30 Sep 15 | BEL7% ₹161 Cr 7,846,100 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Oct 19 | ULTRACEMCO4% ₹88 Cr 88,900 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 20 | RELIANCE4% ₹86 Cr 295,500
↓ -22,500 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 17 | BHARTIARTL4% ₹79 Cr 700,800 Kirloskar Oil Engines Ltd (Industrials)
Equity, Since 31 Mar 23 | KIRLOSENG3% ₹70 Cr 770,000 ABB India Ltd (Industrials)
Equity, Since 30 Jun 19 | ABB3% ₹65 Cr 118,600 Finolex Cables Ltd (Industrials)
Equity, Since 30 Jun 18 | FINCABLES3% ₹56 Cr 611,600 Century Textiles & Industries Ltd (Basic Materials)
Equity, Since 31 Jan 18 | 5000403% ₹56 Cr 397,700 3. L&T India Value Fund
CAGR/Annualized
return of 16.9% since its launch. Ranked 4 in Value
category. Return for 2023 was 39.4% , 2022 was 5.2% and 2021 was 40.3% . L&T India Value Fund
Growth Launch Date 8 Jan 10 NAV (19 Apr 24) ₹92.405 ↑ 0.13 (0.14 %) Net Assets (Cr) ₹11,431 on 31 Mar 24 Category Equity - Value AMC L&T Investment Management Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.84 Sharpe Ratio 3.3 Information Ratio 1.29 Alpha Ratio 11.5 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹6,851 31 Mar 21 ₹12,635 31 Mar 22 ₹15,958 31 Mar 23 ₹16,751 31 Mar 24 ₹25,315 Returns for L&T India Value Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 19 Apr 24 Duration Returns 1 Month 5.1% 3 Month 5.7% 6 Month 22.7% 1 Year 51.6% 3 Year 27% 5 Year 20.7% 10 Year 15 Year Since launch 16.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 39.4% 2022 5.2% 2021 40.3% 2020 14.6% 2019 4.6% 2018 -11.4% 2017 41.3% 2016 8.1% 2015 12.9% 2014 74.1% Fund Manager information for L&T India Value Fund
Name Since Tenure Venugopal Manghat 24 Nov 12 11.36 Yr. Gautam Bhupal 1 Oct 23 0.5 Yr. Sonal Gupta 1 Oct 23 0.5 Yr. Data below for L&T India Value Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 26.98% Industrials 16.2% Basic Materials 15.52% Technology 10.71% Consumer Cyclical 8.78% Real Estate 5.06% Utility 4.4% Energy 3.59% Consumer Defensive 3.31% Health Care 2.68% Communication Services 1.64% Asset Allocation
Asset Class Value Cash 1.12% Equity 98.88% Top Securities Holdings / Portfolio
Name Holding Value Quantity NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | 5325554% ₹507 Cr 15,121,100
↓ -1,699,900 Jindal Stainless Ltd (Basic Materials)
Equity, Since 31 Jul 21 | JSL4% ₹473 Cr 7,379,629 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | ICICIBANK4% ₹461 Cr 4,382,100 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN4% ₹431 Cr 5,766,900 Canara Bank (Financial Services)
Equity, Since 31 Jan 22 | 5324833% ₹326 Cr 5,780,094 Indian Bank (Financial Services)
Equity, Since 31 Oct 21 | 5328143% ₹323 Cr 6,147,000 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Mar 17 | SUNPHARMA3% ₹310 Cr 1,962,700 Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 30 Sep 23 | MCX3% ₹301 Cr 798,650 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 15 | RELIANCE3% ₹292 Cr 998,200 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jul 20 | M&M2% ₹288 Cr 1,489,400 4. L&T Business Cycles Fund
CAGR/Annualized
return of 13.9% since its launch. Ranked 19 in Sectoral
category. Return for 2023 was 31.3% , 2022 was 5.3% and 2021 was 34.5% . L&T Business Cycles Fund
Growth Launch Date 20 Aug 14 NAV (19 Apr 24) ₹35.2954 ↑ 0.04 (0.10 %) Net Assets (Cr) ₹764 on 31 Mar 24 Category Equity - Sectoral AMC L&T Investment Management Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.51 Sharpe Ratio 2.58 Information Ratio 0.46 Alpha Ratio 3.97 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-18 Months (1%),18 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,045 31 Mar 21 ₹12,458 31 Mar 22 ₹14,864 31 Mar 23 ₹15,634 31 Mar 24 ₹22,452 Returns for L&T Business Cycles Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 19 Apr 24 Duration Returns 1 Month 7.9% 3 Month 8.6% 6 Month 23.4% 1 Year 44.4% 3 Year 24.1% 5 Year 18.3% 10 Year 15 Year Since launch 13.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 31.3% 2022 5.3% 2021 34.5% 2020 9.3% 2019 5.3% 2018 -17.5% 2017 45.6% 2016 3.2% 2015 3.5% 2014 Fund Manager information for L&T Business Cycles Fund
Name Since Tenure Venugopal Manghat 20 Aug 14 9.62 Yr. Gautam Bhupal 1 Jun 23 0.83 Yr. Sonal Gupta 1 Jun 23 0.83 Yr. Data below for L&T Business Cycles Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 32.39% Financial Services 23.47% Consumer Cyclical 16.39% Basic Materials 14.17% Energy 6.84% Real Estate 2.8% Technology 1.5% Asset Allocation
Asset Class Value Cash 1.16% Equity 98.84% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 14 | ICICIBANK6% ₹45 Cr 425,000 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | 5002515% ₹42 Cr 107,000 Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 31 Dec 22 | MCX5% ₹35 Cr 94,300 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 14 | LT5% ₹35 Cr 99,920 Ahluwalia Contracts (India) Ltd (Industrials)
Equity, Since 31 Jan 15 | AHLUCONT4% ₹33 Cr 274,908 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE4% ₹32 Cr 110,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 14 | HDFCBANK3% ₹25 Cr 179,800 ABB India Ltd (Industrials)
Equity, Since 30 Sep 19 | ABB3% ₹23 Cr 42,700 Power Mech Projects Ltd (Industrials)
Equity, Since 31 Oct 22 | POWERMECH3% ₹23 Cr 45,400 Aegis Logistics Ltd (Energy)
Equity, Since 31 Oct 15 | 5000033% ₹21 Cr 467,200 5. L&T Midcap Fund
CAGR/Annualized
return of 19.3% since its launch. Ranked 5 in Mid Cap
category. Return for 2023 was 40% , 2022 was 1.1% and 2021 was 30.4% . L&T Midcap Fund
Growth Launch Date 9 Aug 04 NAV (19 Apr 24) ₹321.195 ↓ -1.67 (-0.52 %) Net Assets (Cr) ₹9,741 on 31 Mar 24 Category Equity - Mid Cap AMC L&T Investment Management Ltd Rating ☆☆☆☆ Risk High Expense Ratio 1.85 Sharpe Ratio 3.75 Information Ratio -0.95 Alpha Ratio 10.51 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,272 31 Mar 21 ₹12,936 31 Mar 22 ₹14,982 31 Mar 23 ₹14,938 31 Mar 24 ₹23,169 Returns for L&T Midcap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 19 Apr 24 Duration Returns 1 Month 7.2% 3 Month 8.3% 6 Month 24.6% 1 Year 55.9% 3 Year 22.8% 5 Year 18.9% 10 Year 15 Year Since launch 19.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 40% 2022 1.1% 2021 30.4% 2020 19% 2019 -0.2% 2018 -12% 2017 52.3% 2016 9.8% 2015 10.8% 2014 81.6% Fund Manager information for L&T Midcap Fund
Name Since Tenure Venugopal Manghat 1 Oct 23 0.5 Yr. Cheenu Gupta 26 Nov 22 1.35 Yr. Sonal Gupta 1 Oct 23 0.5 Yr. Data below for L&T Midcap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 22.52% Industrials 15.25% Health Care 15.02% Consumer Cyclical 13.53% Basic Materials 13.32% Real Estate 5.38% Technology 4.95% Consumer Defensive 2.91% Energy 2.46% Utility 2.39% Communication Services 1.66% Asset Allocation
Asset Class Value Cash 0.6% Equity 99.4% Top Securities Holdings / Portfolio
Name Holding Value Quantity Sundaram Finance Ltd (Financial Services)
Equity, Since 30 Nov 13 | SUNDARMFIN3% ₹310 Cr 743,568 Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 31 Oct 15 | RATNAMANI3% ₹281 Cr 926,436
↓ -79,050 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 21 | 5328103% ₹259 Cr 6,462,100
↓ -1,039,800 Bosch Ltd (Consumer Cyclical)
Equity, Since 31 Oct 19 | 5005303% ₹252 Cr 88,000 Cummins India Ltd (Industrials)
Equity, Since 30 Apr 18 | 5004803% ₹244 Cr 891,268 Godrej Properties Ltd (Real Estate)
Equity, Since 31 Mar 17 | GODREJPROP2% ₹239 Cr 995,400 Ipca Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 19 | 5244942% ₹232 Cr 1,946,300 Lupin Ltd (Healthcare)
Equity, Since 31 Dec 22 | 5002572% ₹229 Cr 1,414,400 Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 28 Feb 15 | MCX2% ₹227 Cr 603,300 AIA Engineering Ltd (Industrials)
Equity, Since 31 Dec 16 | AIAENG2% ₹226 Cr 621,300 6. L&T Tax Advantage Fund
CAGR/Annualized
return of 14.2% since its launch. Ranked 7 in ELSS
category. Return for 2023 was 28.4% , 2022 was -3% and 2021 was 30.3% . L&T Tax Advantage Fund
Growth Launch Date 27 Feb 06 NAV (19 Apr 24) ₹111.618 ↑ 0.48 (0.43 %) Net Assets (Cr) ₹3,674 on 31 Mar 24 Category Equity - ELSS AMC L&T Investment Management Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.98 Sharpe Ratio 2.71 Information Ratio -0.39 Alpha Ratio 3.01 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,284 31 Mar 21 ₹12,498 31 Mar 22 ₹14,731 31 Mar 23 ₹14,495 31 Mar 24 ₹20,164 Returns for L&T Tax Advantage Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 19 Apr 24 Duration Returns 1 Month 8.4% 3 Month 7.6% 6 Month 21.6% 1 Year 42.4% 3 Year 18.9% 5 Year 15.7% 10 Year 15 Year Since launch 14.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 28.4% 2022 -3% 2021 30.3% 2020 13.5% 2019 4.6% 2018 -8.1% 2017 42.3% 2016 8.1% 2015 2.9% 2014 44.8% Fund Manager information for L&T Tax Advantage Fund
Name Since Tenure Gautam Bhupal 26 Nov 22 1.35 Yr. Sonal Gupta 21 Jul 21 2.7 Yr. Abhishek Gupta 1 Mar 24 0.08 Yr. Data below for L&T Tax Advantage Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 25.99% Financial Services 21.92% Consumer Cyclical 17.6% Technology 10.36% Energy 6.29% Health Care 5% Utility 3.6% Real Estate 3.48% Basic Materials 2.66% Consumer Defensive 1.56% Communication Services 0.95% Asset Allocation
Asset Class Value Cash 0.58% Equity 99.42% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 22 | LT5% ₹200 Cr 574,100 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE4% ₹157 Cr 537,600 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | HDFCBANK4% ₹136 Cr 971,700
↓ -257,600 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 09 | ICICIBANK3% ₹122 Cr 1,155,500 Persistent Systems Ltd (Technology)
Equity, Since 31 Jul 21 | PERSISTENT3% ₹121 Cr 140,600
↓ -10,500 Bharat Electronics Ltd (Industrials)
Equity, Since 31 May 22 | BEL3% ₹112 Cr 5,485,000 CG Power & Industrial Solutions Ltd (Industrials)
Equity, Since 30 Apr 22 | 5000933% ₹110 Cr 2,486,300 Infosys Ltd (Technology)
Equity, Since 31 Mar 06 | INFY3% ₹104 Cr 622,100 KPIT Technologies Ltd (Technology)
Equity, Since 30 Sep 21 | KPITTECH3% ₹104 Cr 662,200
↓ -113,400 Zomato Ltd (Consumer Cyclical)
Equity, Since 31 Oct 23 | 5433202% ₹81 Cr 4,906,800
↑ 1,912,400 7. L&T Large and Midcap Fund
CAGR/Annualized
return of 12.8% since its launch. Ranked 32 in Large & Mid Cap
category. . L&T Large and Midcap Fund
Growth Launch Date 22 May 06 NAV (25 Nov 22) ₹72.8402 ↑ 0.12 (0.16 %) Net Assets (Cr) ₹1,620 on 31 Oct 22 Category Equity - Large & Mid Cap AMC L&T Investment Management Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.25 Sharpe Ratio 0.14 Information Ratio -0.76 Alpha Ratio 1.28 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,628 31 Mar 21 ₹12,214 31 Mar 22 ₹14,877 Returns for L&T Large and Midcap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 19 Apr 24 Duration Returns 1 Month 0.4% 3 Month 3.7% 6 Month 18% 1 Year 1.5% 3 Year 14.9% 5 Year 7.9% 10 Year 15 Year Since launch 12.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Fund Manager information for L&T Large and Midcap Fund
Name Since Tenure Data below for L&T Large and Midcap Fund as on 31 Oct 22
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 8. L&T Equity Fund
CAGR/Annualized
return of 15.5% since its launch. Ranked 25 in Multi Cap
category. . L&T Equity Fund
Growth Launch Date 16 May 05 NAV (25 Nov 22) ₹124.542 ↑ 0.00 (0.00 %) Net Assets (Cr) ₹2,884 on 31 Oct 22 Category Equity - Multi Cap AMC L&T Investment Management Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.07 Sharpe Ratio -0.16 Information Ratio -1.29 Alpha Ratio -2.7 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,241 31 Mar 21 ₹12,133 31 Mar 22 ₹14,314 Returns for L&T Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 19 Apr 24 Duration Returns 1 Month 2.7% 3 Month 3.3% 6 Month 15.6% 1 Year 2.2% 3 Year 14.3% 5 Year 9% 10 Year 15 Year Since launch 15.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Fund Manager information for L&T Equity Fund
Name Since Tenure Data below for L&T Equity Fund as on 31 Oct 22
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 9. L&T Hybrid Equity Fund
CAGR/Annualized
return of 12.6% since its launch. Ranked 5 in Hybrid Equity
category. Return for 2023 was 24.3% , 2022 was -3.7% and 2021 was 23.1% . L&T Hybrid Equity Fund
Growth Launch Date 7 Feb 11 NAV (19 Apr 24) ₹47.9138 ↑ 0.03 (0.06 %) Net Assets (Cr) ₹5,147 on 31 Mar 24 Category Hybrid - Hybrid Equity AMC L&T Investment Management Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.91 Sharpe Ratio 2.5 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹8,192 31 Mar 21 ₹12,319 31 Mar 22 ₹14,124 31 Mar 23 ₹13,832 31 Mar 24 ₹18,020 Returns for L&T Hybrid Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 19 Apr 24 Duration Returns 1 Month 5.6% 3 Month 5.1% 6 Month 14.1% 1 Year 32.1% 3 Year 14.2% 5 Year 12.9% 10 Year 15 Year Since launch 12.6% Historical performance (Yearly) on absolute basis
Year Returns 2023 24.3% 2022 -3.7% 2021 23.1% 2020 13.6% 2019 6.5% 2018 -3.8% 2017 27.8% 2016 4.3% 2015 9.9% 2014 44.5% Fund Manager information for L&T Hybrid Equity Fund
Name Since Tenure Shriram Ramanathan 30 May 16 7.84 Yr. Gautam Bhupal 1 Oct 23 0.5 Yr. Cheenu Gupta 2 Jul 21 2.75 Yr. Sonal Gupta 1 Oct 23 0.5 Yr. Data below for L&T Hybrid Equity Fund as on 31 Mar 24
Asset Allocation
Asset Class Value Cash 4.29% Equity 72.06% Debt 23.66% Equity Sector Allocation
Sector Value Industrials 21.56% Financial Services 17.5% Consumer Cyclical 10.15% Technology 8.15% Energy 3.33% Utility 2.94% Health Care 2.82% Real Estate 2.15% Consumer Defensive 1.87% Communication Services 0.97% Basic Materials 0.61% Debt Sector Allocation
Sector Value Government 16.44% Corporate 8.12% Cash Equivalent 3.38% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 22 | LT5% ₹244 Cr 701,900
↓ -53,300 7.38% Govt Stock 2027
Sovereign Bonds | -4% ₹205 Cr 20,000,000 7.18% Govt Stock 2033
Sovereign Bonds | -3% ₹177 Cr 17,500,000
↑ 15,000,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | ICICIBANK3% ₹168 Cr 1,597,000 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 11 | HDFCBANK3% ₹138 Cr 981,500
↓ -537,300 Bharat Electronics Ltd (Industrials)
Equity, Since 31 Aug 22 | BEL2% ₹124 Cr 6,030,700 Zensar Technologies Ltd (Technology)
Equity, Since 31 May 23 | ZENSARTECH2% ₹105 Cr 1,910,000 Karur Vysya Bank Ltd (Financial Services)
Equity, Since 31 Dec 22 | 5900032% ₹88 Cr 4,793,700 Bharat Heavy Electricals Ltd (Industrials)
Equity, Since 31 Dec 23 | 5001032% ₹88 Cr 3,861,368 NTPC Ltd (Utilities)
Equity, Since 31 Dec 23 | 5325552% ₹86 Cr 2,572,200 10. L&T India Large Cap Fund
CAGR/Annualized
return of 10% since its launch. Ranked 56 in Large Cap
category. . L&T India Large Cap Fund
Growth Launch Date 23 Oct 07 NAV (25 Nov 22) ₹42.242 ↑ 0.02 (0.04 %) Net Assets (Cr) ₹758 on 31 Oct 22 Category Equity - Large Cap AMC L&T Investment Management Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.48 Sharpe Ratio -0.1 Information Ratio -1.05 Alpha Ratio -2.34 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,815 31 Mar 21 ₹12,671 31 Mar 22 ₹14,865 Returns for L&T India Large Cap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 19 Apr 24 Duration Returns 1 Month 2.1% 3 Month 4.4% 6 Month 16.7% 1 Year 2.9% 3 Year 13.6% 5 Year 10.5% 10 Year 15 Year Since launch 10% Historical performance (Yearly) on absolute basis
Year Returns 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Fund Manager information for L&T India Large Cap Fund
Name Since Tenure Data below for L&T India Large Cap Fund as on 31 Oct 22
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
You Might Also Like