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Fincash » Mutual Funds » L T Business Cycles Fund Direct

L&T Business Cycles Fund - Direct - G

NAV  ₹43.9438 ↑ 0.57  (1.31 %) 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 - 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 16.1% since its launch.  Return for 2023 was 32.7% , 2022 was 6.5% and 2021 was 36% .

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

NAV as on 13 Jun 24₹43.9438 ↑ 0.57  (1.31 %)
Net Assets (AUM) as on 30 Apr 2024 ₹833 Cr.
Launch Date20 Aug 2014
CategoryEquity - Sectoral
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCL&T Investment Management Ltd
Alpha Ratio8.96
Expense Ratio1.44 %
Sharpe Ratio2.715
Information Ratio1.02
BenchmarkNot Available
Min Investment
Min SIP Investment
Exit Load 0-18 Months (1%),18 Months and above(NIL)

Purchase not allowed

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 10.3%
3 Month 18%
6 Month 28.7%
1 Year 52%
3 Year 26.4%
5 Year 21.5%
10 Year
15 Year
Since launch 16.1%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 32.7%
2022 6.5%
2021 36%
2020 10.4%
2019 6.2%
2018 -16.9%
2017 46.5%
2016 3.8%
2015 4.2%

Growth of 10k Over Years

DateValue
31 May 19₹10,000
31 May 20₹7,332
31 May 21₹12,802
31 May 22₹13,978
31 May 23₹17,006
31 May 24₹25,148
L&T Business Cycles Fund - Direct Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash2.22%
Equity97.78%
L&T Business Cycles Fund - Direct 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 - Direct 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 - Direct
Growth
₹43.9438
↑ 0.57
28.7 %52.02 %26.38 %21.46 %
L&T Business Cycles Fund - Direct
Normal Dividend, Reinvestment
₹29.8448
↑ 0.38
28.7 %43.32 %21.22 %18.15 %
L&T Business Cycles Fund - Direct
Normal Dividend, Payout
₹29.8448
↑ 0.38
28.7 %43.32 %21.22 %18.15 %
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.