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Fincash » Mutual Funds » L T Business Cycles Fund Direct

L&T Business Cycles Fund - Direct - G

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

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 Date20 Aug 2014
CategoryEquity - Sectoral
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCL&T Investment Management Ltd
Alpha Ratio7.91
Expense Ratio1.44 %
Sharpe Ratio1.53
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 22 Aug 23

DurationReturns
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

YearReturns
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

DateValue
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 ClassValue
Cash2.16%
Equity97.84%
L&T Business Cycles Fund - Direct Asset Allocation

Sector Allocation

SectorValue
Industrials34.38%
Financial Services25.62%
Basic Materials13.91%
Consumer Cyclical12.84%
Energy6.91%
Real Estate2.73%
L&T Business Cycles Fund - Direct Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 14 | HDFCBANK
Banks - Regional8%₹54 Cr341,400
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 14 | ICICIBANK
Banks - Regional6%₹41 Cr425,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 14 | LT
Engineering & Construction5%₹30 Cr109,798
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
Oil & Gas Refining & Marketing4%₹26 Cr110,000
State Bank of India (Financial Services)
Equity, Since 31 Aug 14 | SBIN
Banks - Regional4%₹25 Cr450,000
Trent Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | 500251
Apparel Retail3%₹22 Cr107,000
ABB India Ltd (Industrials)
Equity, Since 30 Sep 19 | ABB
Specialty Industrial Machinery3%₹20 Cr46,500
Ahluwalia Contracts (India) Ltd (Industrials)
Equity, Since 31 Jan 15 | AHLUCONT
Engineering & Construction3%₹20 Cr274,908
Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 31 Dec 16 | RATNAMANI
Steel3%₹20 Cr75,000
Power Mech Projects Ltd (Industrials)
Equity, Since 31 Oct 22 | POWERMECH
Engineering & Construction3%₹19 Cr45,400
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Fund Managers

NameSinceTenure
Venugopal Manghat20 Aug 149.04 Yr.
Gautam Bhupal1 Jun 230.25 Yr.
Sonal Gupta1 Jun 230.25 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
₹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.