L&T Business Cycles Fund - Direct - G

NAV ₹30.3949 ↑ 0.22 (0.74 %) as on 22 Aug 23

Table of Contents

Scheme Objective
NAV Price Chart
Returns
- Historical Returns
- Compounded Returns
Growth Of 10k Over Years
Holdings / Portfolio
All Plan & Options
Fund Manager Information
Custodians
Registrar & Transfer Agent (RTA)
Administrator Companies
Auditors

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 - Direct 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 13.1% since its launch. Return for 2022 was 6.5% , 2021 was 36% and 2020 was 10.4% .

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

NAV as on 22 Aug 23	₹30.3949 ↑ 0.22 (0.74 %)
Net Assets (AUM) as on 31 Jul 2023	₹643 Cr.
Launch Date	20 Aug 2014
Category	Equity - Sectoral
Rating	Not Rated
Type	Open Ended Fund
Risk	Moderately High
AMC	L&T Investment Management Ltd

Alpha Ratio	7.91
Expense Ratio	1.44 %
Sharpe Ratio	1.53
Information Ratio	1.02
Benchmark	Not Available
Min Investment
Min SIP Investment
Exit Load	0-18 Months (1%),18 Months and above(NIL)

Purchase not allowed

NAV Price Chart

L&T Business Cycles Fund - Direct NAV Chart

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 22 Aug 23

Duration	Returns
1 Month	0.7%
3 Month	9.8%
6 Month	19.6%
1 Year	21.2%
3 Year	27.5%
5 Year	13.2%
10 Year
15 Year
Since launch	13.1%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

Year	Returns
2022	6.5%
2021	36%
2020	10.4%
2019	6.2%
2018	-16.9%
2017	46.5%
2016	3.8%
2015	4.2%
2014

Growth of 10k Over Years

Date	Value
30 Sep 18	₹10,000
30 Sep 19	₹10,758
30 Sep 20	₹10,174
30 Sep 21	₹16,474
30 Sep 22	₹17,450
30 Sep 23	₹21,263

L&T Business Cycles Fund - Direct Growth 10k Chart

Asset Allocation

Asset Class	Value
Cash	2.16%
Equity	97.84%

Sector Allocation

Sector	Value
Industrials	34.38%
Financial Services	25.62%
Basic Materials	13.91%
Consumer Cyclical	12.84%
Energy	6.91%
Real Estate	2.73%

L&T Business Cycles Fund - Direct Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

Name	Global Industry	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Aug 14 \| HDFCBANK	Banks - Regional	8%	₹54 Cr	341,400
ICICI Bank Ltd (Financial Services) Equity, Since 31 Aug 14 \| ICICIBANK	Banks - Regional	6%	₹41 Cr	425,000
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Aug 14 \| LT	Engineering & Construction	5%	₹30 Cr	109,798
Reliance Industries Ltd (Energy) Equity, Since 31 Aug 18 \| RELIANCE	Oil & Gas Refining & Marketing	4%	₹26 Cr	110,000
State Bank of India (Financial Services) Equity, Since 31 Aug 14 \| SBIN	Banks - Regional	4%	₹25 Cr	450,000
Trent Ltd (Consumer Cyclical) Equity, Since 31 Dec 16 \| 500251	Apparel Retail	3%	₹22 Cr	107,000
ABB India Ltd (Industrials) Equity, Since 30 Sep 19 \| ABB	Specialty Industrial Machinery	3%	₹20 Cr	46,500
Ahluwalia Contracts (India) Ltd (Industrials) Equity, Since 31 Jan 15 \| AHLUCONT	Engineering & Construction	3%	₹20 Cr	274,908
Ratnamani Metals & Tubes Ltd (Basic Materials) Equity, Since 31 Dec 16 \| RATNAMANI	Steel	3%	₹20 Cr	75,000
Power Mech Projects Ltd (Industrials) Equity, Since 31 Oct 22 \| POWERMECH	Engineering & Construction	3%	₹19 Cr	45,400

1 - 10 of 49

Ready to Invest?
Talk to our investment specialist

Fund Managers

Name	Since	Tenure
Venugopal Manghat	20 Aug 14	9.04 Yr.
Gautam Bhupal	1 Jun 23	0.25 Yr.
Sonal Gupta	1 Jun 23	0.25 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 - Direct Growth	₹30.3949 ↑ 0.22	19.58 %	21.15 %	27.48 %	13.24 %
L&T Business Cycles Fund - Direct Normal Dividend, Reinvestment	₹21.8967 ↑ 0.16	19.58 %	21.16 %	24.69 %	11.46 %
L&T Business Cycles Fund - Direct Normal Dividend, Payout	₹21.8967 ↑ 0.16	19.58 %	21.16 %	24.69 %	11.46 %
Data as on 22 Aug 23

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

Shepard Technologies Pvt. Ltd : 1808, Solus, Hiranandani Estate, Thane, Maharashtra - 400607

AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153

Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund, or designing a portfolio that suits your needs.

Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.