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3 star

L&T Emerging Businesses Fund


Equity: Small Cap

1 Lakh

Investment Grown to
₹ 1.09 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.84 Lakh

Suitability:

When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.

This is a fund that invests in smaller companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other small-cap fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 17.02 0.68 -2.02 0.35 12.92 42.10 88.48 2.99 16.32 -- --
S&P BSE 250 SmallCap TRI 14.68 0.79 -3.52 -2.92 10.59 41.17 99.61 3.12 12.63 -- --
Equity: Small Cap 15.18 0.91 -2.78 -0.66 11.35 39.12 92.32 6.52 14.46 -- --
Rank within category 7 22 2 7 8 6 15 10 5 -- --
Number of funds in category 26 27 27 26 26 24 24 14 13 10 8

As on 16-Apr-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
L&T Emerging Businesses Fund  | Invest Online
3 star
May-14 88.48 2.99 16.32 1.95 5,774
Nippon India Small Cap Fund  | Invest Online
4 star
Sep-10 100.52 9.41 18.67 1.84 12,474
SBI Small Cap Fund  | Invest Online
4 star
Sep-09 83.86 10.81 19.51 1.81 7,570
Axis Small Cap Fund - Regular Plan
5 star
Nov-13 71.25 16.12 17.52 2.11 4,485
Kotak Small Cap Fund - Regular Plan  | Invest Online
4 star
Feb-05 115.33 13.79 17.43 2.10 3,423

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 9.70 27-May-2020 - 03-Jun-2020 -21.78 16-Mar-2020 - 23-Mar-2020
Month 19.13 22-May-2020 - 23-Jun-2020 -39.90 20-Feb-2020 - 23-Mar-2020
Quarter 39.16 22-May-2020 - 24-Aug-2020 -38.18 24-Dec-2019 - 24-Mar-2020
Year 114.73 23-Mar-2020 - 23-Mar-2021 -42.80 25-Mar-2019 - 24-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.19 27.84 0.13 0.14 0.87 -1.08
S&P BSE 250 SmallCap TRI 10.01 31.64 0.17 0.20 -- --
Equity: Small Cap 12.63 28.43 0.29 0.33 0.87 3.34
Rank within category 12 6 12 12 7 12
Number of funds in category 15 15 15 15 15 15

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Mar-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 82
Top 10 Stocks (%) 27.98
Top 5 Stocks (%) 16.87
Top 3 Sectors (%) 40.23
Portfolio P/B Ratio 3.26
Portfolio P/E Ratio 26.93

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 7,351 7,153
Giant (%) -- 3.32
Large (%) -- 2.17
Mid (%) 41.30 31.17
Small (%) 57.50 66.45
Tiny (%) 1.20 0.59

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal KPR Mills Textiles 19.86 3.90 0.96 3.90
down Deepak Nitrite Chemicals 32.88 3.85 0.00 3.85
down Persistent Systems Technology 37.68 5.03 0.00 3.45
equal Grindwell Norton Metals 50.22 2.86 1.67 2.86
equal Emami FMCG 61.89 3.01 0.00 2.81
equal Balrampur Chini Mills FMCG 11.10 2.59 0.00 2.59
equal Suven Pharmaceutical Healthcare 34.69 2.66 0.00 2.24
down Amber Enterprises Cons Durable 153.61 2.16 0.00 2.12
equal Ratnamani Metals & Tubes Metals 38.92 2.13 0.64 2.10
equal Sonata Software Technology 27.51 2.55 0.00 2.06
equal Finolex Industries Chemicals 18.09 2.04 0.88 1.93
equal Brigade Enterprises Construction -- 2.03 0.00 1.92
equal The Ramco Cements Construction 33.67 2.78 1.34 1.88
equal Cera Sanitaryware Construction 55.47 1.81 0.00 1.81
up City Union Bank Financial 30.98 1.79 0.80 1.79
equal Carborundum Universal Metals 32.78 2.28 0.96 1.71
equal Welspun India Textiles 16.46 2.25 0.53 1.70
up Dixon Technologies Engineering 152.70 2.00 0.00 1.64
equal Ipca Laboratories Healthcare 25.54 2.70 0.00 1.61
equal VST Industries FMCG 16.21 3.78 0.00 1.59
down Tube Investments Of India Automobile 107.07 2.59 0.95 1.53
equal EID-Parry (I) FMCG 9.24 1.72 0.00 1.49
up Happiest Minds Technologies Technology 131.96 1.47 0.00 1.47
equal Techno Electric & Engineering Engineering 19.02 1.98 0.00 1.44
equal Greenply Inds. FMCG 220.77 1.46 0.00 1.41

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Mar-2021

Fund Manager

— Vihang Naik since 17-Dec-2019

Education: Mr. Naik is a CFA and TYBMS.

Experience: Prior to joining L&T Mutual Fund he was associated with L&T Investment Management Limited (Jul 2012-Jun 2016) as an Analyst and with MF Global Sify securities (Mar 2010-Jul 2012, Motilal Oswal Securities (May 2008-Mar 2010), SBICAP Securities (Oct 2006-Apr 2008) as Research Analyst.

Funds Managed:


0.68%

Change from previous, NAV as on 16-Apr-2021

Growth: ₹ 30.8240

IDCW: ₹ 22.3830


Investment Strategy

The Scheme will primarily be a diversified equity fund which will invest predominantly in small cap stocks to generate long term capital appreciation.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Lock-in Period Not Applicable
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: L&T Mutual Fund
Launch Date: 12-May-2014
Return Since Launch: 17.63%
Benchmark: S&P BSE Small Cap TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 5,774 Cr (As on 31-Mar-2021)
Expense: 1.95% (As on 31-Mar-2021)
Risk Grade: Average
Return Grade: Average
Turnover: 23.24%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW23-Oct-20191.0625

 26-Oct-20181.3281
 12-Oct-20172.0000
 21-Oct-20161.5000

Contact Information

AMC: L&T Investment Management Ltd

Address: Brindavan Plot No. 177, CST Road Kalina, Santacruz (East) Mumbai - 400098

Phone: 022-66554000 / 1800-2000-400

Fax: 022-66554002

Email: [email protected]

Website: http://www.lntmf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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