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Fincash » Mutual Funds » L T Business Cycles Fund

L&T Business Cycles Fund - G

NAV  ₹34.9811 ↑ 0.41  (1.20 %) as on 1 Mar 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 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% .

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

NAV as on 1 Mar 24₹34.9811 ↑ 0.41  (1.20 %)
Net Assets (AUM) as on 31 Jan 2024 ₹742 Cr.
Launch Date20 Aug 2014
CategoryEquity - Sectoral
Rating
TypeOpen Ended Fund
RiskModerately High
AMCL&T Investment Management Ltd
Alpha Ratio8.68
Expense Ratio2.51 %
Sharpe Ratio2.423
Information Ratio0.68
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 1 Mar 24

DurationReturns
1 Month 3.9%
3 Month 14.6%
6 Month 21.8%
1 Year 46.9%
3 Year 22.3%
5 Year 20.1%
10 Year
15 Year
Since launch 13.9%

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
28 Feb 19₹10,000
29 Feb 20₹11,153
28 Feb 21₹13,637
28 Feb 22₹15,812
28 Feb 23₹17,001
29 Feb 24₹24,967
L&T Business Cycles Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.52%
Equity98.48%
L&T Business Cycles Fund Asset Allocation

Sector Allocation

SectorValue
Industrials33.47%
Financial Services25.4%
Basic Materials14.89%
Consumer Cyclical14.43%
Energy6.34%
Real Estate2.8%
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%₹42 Cr425,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 14 | LT
Engineering & Construction5%₹35 Cr99,920
Trent Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | TRENT
Apparel Retail5%₹33 Cr107,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 14 | HDFCBANK
Banks - Regional4%₹31 Cr179,800
Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 31 Dec 22 | MCX
Financial Data & Stock Exchanges4%₹30 Cr94,300
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
Oil & Gas Refining & Marketing4%₹28 Cr110,000
State Bank of India (Financial Services)
Equity, Since 31 Aug 14 | SBIN
Banks - Regional4%₹25 Cr395,700
↓ -54,300
Ahluwalia Contracts (India) Ltd (Industrials)
Equity, Since 31 Jan 15 | AHLUCONT
Engineering & Construction3%₹21 Cr274,908
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Aug 14 | ULTRACEMCO
Building Materials3%₹21 Cr19,600
ABB India Ltd (Industrials)
Equity, Since 30 Sep 19 | ABB
Specialty Industrial Machinery3%₹20 Cr42,700
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Fund Managers

NameSinceTenure
Venugopal Manghat20 Aug 149.46 Yr.
Gautam Bhupal1 Jun 230.67 Yr.
Sonal Gupta1 Jun 230.67 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
₹24.1294
↑ 0.29
21.79 %38.3 %17.43 %16.94 %
L&T Business Cycles Fund
Normal Dividend, Payout
₹24.1294
↑ 0.29
21.79 %38.3 %17.43 %16.94 %
L&T Business Cycles Fund
Growth
₹34.9811
↑ 0.41
21.79 %46.86 %22.33 %20.08 %
Data as on 1 Mar 24

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