VR Logo

3 star

L&T Emerging Businesses Fund


Equity: Small Cap

1 Lakh

Investment Grown to
₹ 1.90 Lakh

₹ 10000

Monthly SIP Grown to
₹ 6.85 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 73.43 0.43 2.21 7.08 16.07 48.71 109.44 23.88 19.60 20.11 --
S&P BSE 250 SmallCap TRI 62.32 0.63 3.38 7.29 12.65 42.23 99.20 25.94 15.98 14.24 --
Equity: Small Cap 64.33 0.45 3.12 6.85 13.27 43.47 97.69 28.01 18.16 18.57 --
Rank within category 2 15 26 11 4 4 3 11 6 5 --
Number of funds in category 26 28 28 28 27 27 24 14 13 13 8

As on 14-Oct-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-14 109.44 23.88 19.60 1.88 7,594
Nippon India Small Cap Fund  | Invest Online
4 star
Sep-10 107.37 30.18 22.52 1.78 17,282
SBI Small Cap Fund  | Invest Online
4 star
Sep-09 81.95 29.50 22.49 1.77 10,191
Axis Small Cap Fund - Regular Plan
5 star
Nov-13 83.16 35.06 21.94 1.91 7,303
Kotak Small Cap Fund - Regular Plan  | Invest Online
4 star
Feb-05 111.35 36.22 21.15 1.95 5,969

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 120.63 27-May-2020 - 27-May-2021 -42.80 25-Mar-2019 - 24-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 23.04 27.19 0.70 0.75 0.89 -0.01
S&P BSE 250 SmallCap TRI 25.34 29.91 0.72 0.78 -- --
Equity: Small Cap 26.83 27.22 0.84 0.90 0.88 4.00
Rank within category 12 8 12 11 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 30-Sep-2021

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 79
Top 10 Stocks (%) 30.77
Top 5 Stocks (%) 18.41
Top 3 Sectors (%) 40.86
Portfolio P/B Ratio 4.15
Portfolio P/E Ratio 27.45

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 9,600 9,236
Giant (%) -- 3.85
Large (%) -- 2.37
Mid (%) 47.91 40.69
Small (%) 51.44 56.59
Tiny (%) 0.65 0.71

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up KPR Mills Textiles 26.05 5.82 1.56 5.82
equal Persistent Systems Technology 63.00 5.03 1.47 3.39
equal Balrampur Chini Mills FMCG 18.48 3.62 0.00 3.37
equal Grindwell Norton Metals 60.35 3.23 1.67 3.14
equal Sonata Software Technology 34.98 2.69 0.61 2.69
up Carborundum Universal Metals 49.03 2.58 0.96 2.58
down Welspun India Textiles 22.49 2.47 0.72 2.47
equal Birlasoft Technology 31.59 2.63 0.00 2.47
equal Deepak Nitrite Chemicals 40.35 4.09 0.00 2.43
equal Finolex Industries Chemicals 17.18 2.41 1.37 2.41
equal Brigade Enterprises Construction -- 2.33 0.00 2.33
equal Cera Sanitaryware Construction 64.50 2.32 0.00 2.32
equal EID-Parry (I) FMCG 15.58 2.06 0.00 1.92
equal JK Lakshmi Cement Construction 15.23 2.19 0.00 1.82
equal Sunteck Realty Construction 151.08 2.05 0.00 1.82
equal Supreme Petrochem Energy 11.01 2.37 0.50 1.78
down Ratnamani Metals & Tubes Metals 37.41 2.13 0.64 1.69
equal RHI Magnesita India Construction 41.76 1.72 1.00 1.60
equal Amber Enterprises Consumer Durable 105.75 2.16 0.00 1.57
down Polycab India Engineering 45.65 1.64 0.00 1.57
equal Somany Ceramics Construction 42.18 1.45 0.34 1.45
equal City Union Bank Financial 20.67 1.93 0.80 1.45
equal The Ramco Cements Construction 27.97 2.52 1.34 1.41
equal Sobha Construction 117.84 2.36 0.45 1.36
down Suven Pharmaceuticals Healthcare 36.27 2.66 0.00 1.34

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 30-Sep-2021

Fund Manager

— Vihang Naik since 17-Dec-2019

Education: Mr. Naik is a CFA & BMS.

Experience: Prior to joining L&T Mutual Fund, he was associated with MF Global, Motilal Oswal Securities and SBICAP Securities.

Funds Managed:


0.43%

Change from previous, NAV as on 14-Oct-2021

Growth: ₹ 45.6820

IDCW: ₹ 33.1720


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: 22.69%
Benchmark: S&P BSE Small Cap TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 7,594 Cr (As on 30-Sep-2021)
Expense: 1.88% (As on 30-Sep-2021)
Risk Grade: Average
Return Grade: Average
Turnover: 17.96%

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

Last Session

Investors' Hangout

Webinar: All about MF Central

DateThursday, 14-Oct-2021
Time12:30 PM - 01:00 PM

Registration Over