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Fincash » Mutual Funds » L T Business Cycles Fund

L&T Business Cycles Fund - G

NAV  ₹40.4124 ↑ 0.52  (1.30 %) as on 13 Jun 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 15.1% 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 13 Jun 24₹40.4124 ↑ 0.52  (1.30 %)
Net Assets (AUM) as on 30 Apr 2024 ₹833 Cr.
Launch Date20 Aug 2014
CategoryEquity - Sectoral
Rating
TypeOpen Ended Fund
RiskModerately High
AMCL&T Investment Management Ltd
Alpha Ratio7.85
Expense Ratio2.51 %
Sharpe Ratio2.632
Information Ratio0.8
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 13 Jun 24

DurationReturns
1 Month 10.2%
3 Month 17.7%
6 Month 28%
1 Year 50.4%
3 Year 25%
5 Year 20.2%
10 Year
15 Year
Since launch 15.1%

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
31 May 19₹10,000
31 May 20₹7,266
31 May 21₹12,561
31 May 22₹13,566
31 May 23₹16,330
31 May 24₹23,891
L&T Business Cycles Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash2.22%
Equity97.78%
L&T Business Cycles Fund Asset Allocation

Sector Allocation

SectorValue
Industrials29.5%
Financial Services24.83%
Consumer Cyclical16.58%
Basic Materials13.93%
Energy8.15%
Real Estate2.21%
Technology1.51%
L&T Business Cycles Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 14 | ICICIBANK
Banks - Regional6%₹49 Cr425,000
Trent Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | 500251
Apparel Retail6%₹47 Cr107,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
Oil & Gas Refining & Marketing5%₹40 Cr135,600
Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 31 Dec 22 | MCX
Financial Data & Stock Exchanges5%₹39 Cr94,300
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 14 | LT
Engineering & Construction4%₹36 Cr99,920
Ahluwalia Contracts (India) Ltd (Industrials)
Equity, Since 31 Jan 15 | AHLUCONT
Engineering & Construction4%₹31 Cr274,908
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 14 | HDFCBANK
Banks - Regional3%₹27 Cr179,800
Aegis Logistics Ltd (Energy)
Equity, Since 31 Oct 15 | 500003
Oil & Gas Refining & Marketing3%₹24 Cr352,700
Power Mech Projects Ltd (Industrials)
Equity, Since 31 Oct 22 | POWERMECH
Engineering & Construction3%₹24 Cr45,400
Bharat Electronics Ltd (Industrials)
Equity, Since 31 Dec 22 | BEL
Aerospace & Defense3%₹23 Cr1,000,000
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Fund Managers

NameSinceTenure
Venugopal Manghat20 Aug 149.7 Yr.
Gautam Bhupal1 Jun 230.92 Yr.
Sonal Gupta1 Jun 230.92 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
₹27.8758
↑ 0.36
28.01 %41.64 %20.02 %17.07 %
L&T Business Cycles Fund
Normal Dividend, Payout
₹27.8758
↑ 0.36
28.01 %41.64 %20.02 %17.07 %
L&T Business Cycles Fund
Growth
₹40.4124
↑ 0.52
28.01 %50.41 %25.03 %20.22 %
Data as on 13 Jun 24

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