L&T Mutual Fund is one of the well-reputed Mutual Fund companies in India. It is a fully owned subsidiary of L&T Finance Holdings Limited which is a part of L&T Group. L&T Mutual Fund is headquartered in Mumbai. All the Mutual Fund schemes of L&T are managed by L&T Investment Management Limited. The fund house always emphasizes to deliver a superior long-term risk-adjusted performance. It also strives to follow a disciplined approach towards investment and risk management.
L&T Mutual Fund offers a variety of schemes under various categories such as Equity Funds, Debt fund, and hybrid funds to cater the diverse requirements of the individuals.
AMC | L&T Mutual Fund |
---|---|
Date of Setup | January 03, 1997 |
AUM | INR 71118.29 crore (Jun-30-2018) |
CEO/MD | Mr. Kailash Kulkarni |
CIO | Mr. Soumendranath Lahiri |
Compliance Officer | Ms. Pushpavathi Kaundar |
investor Service Officer | Mr. Ankur Banthiya |
Headquarters | Mumbai |
Customer Care Number | 1800 200 0400/1800 419 0200 |
Fax | 022 – 66554070 |
Telephone | 022 – 66554000 |
Website | www.lntmf.com |
investor.line[AT]lntmf.co.in |
L&T Mutual Fund is a part of L&T Group which has its presence in various areas such as software services, constructions, and much more. The trustee company that oversees the functioning of L&T Mutual Fund is L&T Mutual Fund Trustee Limited. The investment process of L&T Mutual Fund is divided into three steps. They are:
Thus, by following the process, the fund house ensures to deliver maximum benefits to the employees. In addition to the above-mentioned process, the Mutual Fund company also emphasizes to follow a robust monitoring and risk management process that ensures checks and balances at every stage.
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L&T offers a number of Mutual Fund schemes to cater the diverse requirements of the individuals. Some of these categories include equity, debt, and hybrid. So, let us have a look at these categories of Mutual Fund along with some best schemes in each of them.
Equity funds invest their fund money in stocks or equities to offer good market-linked returns. L&T Mutual Fund through its equity schemes enables investors to invest for a long-term as per their risk appetite and financial goal. The returns on these schemes is not guaranteed as they are market-linked returns and depend on the performance of the market. Some of the Best Equity Mutual Funds offered by L&T are:
No Funds available.
Debt Funds are those that mostly invest their corpus in a variety of fixed Income instruments like Bonds and certificates of deposits. These funds aim to provide a fixed flow of income to their investors. these debt funds are a good investment option for those who look for a regular stream of income and have a low-risk appetite. Some of the best debt Mutual Funds of L&T are given below as follows.
No Funds available.
Hybrid Funds or Balanced Fund are a type of funds that invest in both equity and debt. In other words, it is a combination of both debt and equity mutual fund. Investors looking for a fixed income flow along with Capital growth in the long-term can choose to invest in hybrid funds. Some of the best hybrid funds of L&T are tabulated below.
No Funds available.
After SEBI's (Securities and Exchange Board of India) circulation on re-categorisation and rationalisation of open-ended mutual funds, many Mutual Fund Houses are incorporating changes in their scheme names and categories. SEBI introduced new and broad categories in Mutual Funds in order to bring uniformity in similar schemes launched by the different Mutual Funds. This is to aim and ensure that investors can find it easier to compare the products and evaluate the different options available before Investing in a scheme.
Here is a list of L&T schemes that got new names:
Existing Scheme Name | New Scheme Name |
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L&T Floating Rate Fund | L&T money market fund |
L&T Income Opportunities Fund | L&T Credit Risk Fund |
L&T India Prudence Fund | L&T Hybrid Equity Fund |
L&T India Special Situations Fund | L&T Large and Midcap Fund |
L&T Monthly Income Plan | L&T Conservative Hybrid Fund |
L&T Resurgent India Corporate Bond Fund | L&T Resurgent India Bond Fund |
L&T Short Term Income Fund | L&T Low Duration Fund |
L&T Short Term Opportunities Fund | L&T short term bond Fund Fund |
*Note-The list will be updated as and when we get an insight about the changes in the scheme names.
L&T Mutual Fund offers SIP mode of investment in a number of schemes. The minimum SIP amount in most of the schemes starts with INR 500. SIP or Systematic Investment plan is a mode of investment in Mutual Fund through which people invest small amount at regular intervals. It is also known as a goal-based investment as it helps people to accomplish their goals through low investment amounts.
A missed Call from your registered mobile number to 9212900020
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L&T Mutual Fund like many fund houses offers mutual fund calculator to its investors. Also known as sip calculator, it helps individuals to determine their current investment amount that is required to fulfil their future objectives. In addition, people can see how their SIP grows over a given period of time in a virtual environment. People use Mutual Fund calculator to estimate their savings for achieving various objectives like purchasing a house, purchasing a vehicle, planning for higher education, and much more. Some of the input data that is required to be entered in this calculator include tenure of investment, the amount required to achieve the objective, expected the long-term rate of returns, and much more.
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L&T Mutual Fund similar to many Mutual Fund companies offer an online mode of investment in Mutual Funds. People can transact in various schemes of L&T either through distributor’s website or directly from the company’s website. They can buy and sell units of Mutual Funds, check their account balance, track their scheme’s performance from anywhere and at any time. It is preferred to transact through the distributor’s website as people can find a number of schemes under one umbrella.
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The NAV of various Mutual Fund schemes of L&T can be found on the AMC’s website. This data can also be accessed on the AMFI’s website. Both these websites show the current as well as historical NAV for all the L&T’s schemes. NAV or Net Asset Value represents the performance of the particular scheme for a given timeframe.
L&T Mutual Fund offers a diverse range of scheme to cater the varied requirements of the individuals based on their expected returns, risk-appetite, and many related factors.
Individuals can purchase and redeem their funds as per their convenience without much hassle either through online or offline mode.
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L&T Finance Holdings Ltd.