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Fincash » Mutual Funds » L T Business Cycles Fund

L&T Business Cycles Fund - G

NAV  ₹42.0927 ↑ 0.56  (1.34 %) as on 26 Jul 24

Scheme Objective

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 CAGR return of 15.4% since its launch.  Ranked 19 in Sectoral category.  Return for 2023 was 31.3% , 2022 was 5.3% and 2021 was 34.5% .

Below is the key information for L&T Business Cycles Fund

NAV as on 26 Jul 24₹42.0927 ↑ 0.56  (1.34 %)
Net Assets (AUM) as on 30 Jun 2024 ₹925 Cr.
Launch Date20 Aug 2014
CategoryEquity - Sectoral
Rating
TypeOpen Ended Fund
RiskModerately High
AMCL&T Investment Management Ltd
Alpha Ratio10.52
Expense Ratio2.51 %
Sharpe Ratio2.674
Information Ratio1.05
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹500
Exit Load 0-18 Months (1%),18 Months and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 Jul 24

DurationReturns
1 Month 1%
3 Month 12.9%
6 Month 28.6%
1 Year 47.8%
3 Year 25.3%
5 Year 23%
10 Year
15 Year
Since launch 15.4%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
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%

Growth of 10k Over Years

DateValue
30 Jun 19₹10,000
30 Jun 20₹7,995
30 Jun 21₹12,865
30 Jun 22₹12,907
30 Jun 23₹16,971
30 Jun 24₹25,947
L&T Business Cycles Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.47%
Equity98.53%
L&T Business Cycles Fund Asset Allocation

Sector Allocation

SectorValue
Industrials31.97%
Financial Services23.68%
Consumer Cyclical16.78%
Basic Materials13.14%
Energy7.75%
Real Estate2.27%
Technology1.48%
L&T Business Cycles Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Trent Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | TRENT
Apparel Retail6%₹59 Cr107,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 14 | ICICIBANK
Banks - Regional6%₹51 Cr425,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
Oil & Gas Refining & Marketing5%₹42 Cr135,600
Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 31 Dec 22 | MCX
Financial Data & Stock Exchanges4%₹37 Cr94,300
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 14 | LT
Engineering & Construction4%₹35 Cr99,920
Ahluwalia Contracts (India) Ltd (Industrials)
Equity, Since 31 Jan 15 | AHLUCONT
Engineering & Construction4%₹34 Cr274,908
Bharat Electronics Ltd (Industrials)
Equity, Since 31 Dec 22 | BEL
Aerospace & Defense3%₹31 Cr1,000,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 14 | HDFCBANK
Banks - Regional3%₹30 Cr179,800
ABB India Ltd (Industrials)
Equity, Since 30 Sep 19 | ABB
Specialty Industrial Machinery3%₹28 Cr32,600
Aegis Logistics Ltd (Energy)
Equity, Since 31 Oct 15 | AEGISLOG
Oil & Gas Refining & Marketing3%₹25 Cr289,000
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Fund Managers

NameSinceTenure
Venugopal Manghat20 Aug 149.87 Yr.
Gautam Bhupal1 Jun 231.08 Yr.
Sonal Gupta1 Jun 231.08 Yr.

Custodians

CompanyAddress
Citibank N.A. IndiaTrent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East),

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
HSBC Mutual Fund16, V N Road, Fort, Mumbai 400 001

Auditors

CompanyAddress
M/s. Price WaterhouseIndia,252, Veer Savarkar Marg,,Next to Mayor's Bungalow, Shivaji Park,,Dadar,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
L&T Business Cycles Fund
Normal Dividend, Reinvestment
₹29.0349
↑ 0.38
28.64 %39.18 %20.25 %19.75 %
L&T Business Cycles Fund
Normal Dividend, Payout
₹29.0349
↑ 0.38
28.64 %39.18 %20.25 %19.75 %
L&T Business Cycles Fund
Growth
₹42.0927
↑ 0.56
28.64 %47.79 %25.28 %22.97 %
Data as on 26 Jul 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.