Table of Contents 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 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 Historical performance (Yearly) on absolute basis L&T Business Cycles Fund - G
Scheme Objective
CAGR return of 11.7% since its launch. Ranked 19 in Sectoral category. Return for 2022 was 5.3% , 2021 was 34.5% and 2020 was 9.3% . NAV as on 7 Jun 23 ₹26.5675 ↑ 0.19 (0.73 %) Net Assets (AUM) as on 30 Apr 2023 ₹566 Cr. Launch Date 20 Aug 2014 Category Equity - Sectoral Rating ☆☆☆☆ Type Open Ended Fund Risk Moderately High AMC L&T Investment Management Ltd Alpha Ratio 6.75 Expense Ratio 2.54 % Sharpe Ratio 0.354 Information Ratio 0.39 Benchmark Not Available Min Investment ₹5,000 Min SIP Investment ₹500 Exit Load 0-18 Months (1%),18 Months and above(NIL) NAV Price Chart
Returns
Annual Compounded Returns
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23 Duration Returns 1 Month 4.8% 3 Month 10.2% 6 Month 7.2% 1 Year 24.5% 3 Year 28.9% 5 Year 10.5% 10 Year 15 Year Since launch 11.7% Historical Annual Returns
Year Returns 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 Growth of 10k Over Years
Date Value 31 May 18 ₹10,000 31 May 19 ₹9,776 31 May 20 ₹7,103 31 May 21 ₹12,280 31 May 22 ₹13,263 31 May 23 ₹15,965 
Asset Allocation
Asset Class Value Cash 2.28% Equity 97.72% 
Sector Allocation
Sector Value Industrials 32.42% Financial Services 30.8% Basic Materials 12.62% Consumer Cyclical 10.94% Energy 7.93% Real Estate 2.2% 
Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 14 | HDFCBANKBanks - Regional 7% ₹39 Cr 232,200 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 14 | ICICIBANKBanks - Regional 7% ₹39 Cr 425,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCEOil & Gas Refining & Marketing 5% ₹27 Cr 110,000
↑ 24,700 State Bank of India (Financial Services)
Equity, Since 31 Aug 14 | SBINBanks - Regional 5% ₹26 Cr 450,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 14 | LTEngineering & Construction 5% ₹26 Cr 109,798 ABB India Ltd (Industrials)
Equity, Since 30 Sep 19 | ABBSpecialty Industrial Machinery 3% ₹20 Cr 57,700 Aegis Logistics Ltd (Energy)
Equity, Since 31 Oct 15 | AEGISCHEMOil & Gas Refining & Marketing 3% ₹18 Cr 467,200 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Aug 14 | HDFCMortgage Finance 3% ₹18 Cr 65,000 Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 31 Dec 16 | RATNAMANISteel 3% ₹16 Cr 75,000 Carborundum Universal Ltd (Industrials)
Equity, Since 31 Mar 18 | CARBORUNIVConglomerates 3% ₹16 Cr 145,180
Talk to our investment specialistFund Managers
Name Since Tenure Ankur Arora 26 Nov 22 0.43 Yr. Venugopal Manghat 20 Aug 14 8.7 Yr. Custodians
Company Address Citibank N.A. India Trent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East), Registrar & Transfer Agent
Computer Age Management Services Ltd Address New No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam FAX 91-44-28283610 Email enq_L@camsonline.com Administrator Companies
Company Address HSBC Mutual Fund 16, V N Road, Fort, Mumbai 400 001 Auditors
Company Address M/s. Price Waterhouse India,252, Veer Savarkar Marg,,Next to Mayor's Bungalow, Shivaji Park,,Dadar, All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year L&T Business Cycles Fund
Normal Dividend, Reinvestment ₹19.4602
↑ 0.14 7.17 % 24 % 26.21 % 8.66 % L&T Business Cycles Fund
Normal Dividend, Payout ₹19.4602
↑ 0.14 7.17 % 24 % 26.21 % 8.66 % L&T Business Cycles Fund
Growth ₹26.5675
↑ 0.19 7.17 % 24.48 % 28.88 % 10.48 % Data as on 7 Jun 23
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.
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