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3 star

L&T Emerging Businesses Fund download report


Equity: Small Cap

1 Lakh

Investment Grown to
₹ 2.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.95 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

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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
L&T Emerging Businesses-G -2.65 0.08 1.06 7.24 13.42 1.01 14.31 28.02 14.19 17.15 --
S&P BSE 250 SmallCap TRI -6.50 0.12 1.10 8.25 11.49 -4.16 3.18 26.16 10.67 11.93 --
Equity: Small Cap -4.21 0.22 1.19 7.68 11.91 -1.32 6.82 31.02 14.52 14.71 --
Rank within category 11 23 18 20 11 10 4 16 8 4 --
Number of funds in category 28 29 29 29 29 28 27 20 14 13 8

As on 12-Aug-2022

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 14.31 28.02 14.19 1.87 7,993
Nippon India Small Cap Fund  | Invest Online
4 star
Sep-10 13.63 34.61 18.78 1.94 20,363
SBI Small Cap Fund  | Invest Online
4 star
Sep-09 17.57 31.65 19.69 1.74 12,825
Axis Small Cap Fund - Regular Plan
5 star
Nov-13 12.46 29.74 20.29 2.04 9,811
Kotak Small Cap Fund - Regular Plan  | Invest Online
4 star
Feb-05 9.99 35.73 18.19 1.91 7,784

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
L&T Emerging Businesses-G 28.22 27.24 0.91 0.93 0.89 3.54
S&P BSE 250 SmallCap TRI 27.17 29.90 0.79 0.84 -- --
Equity: Small Cap 30.22 26.43 1.02 1.07 0.86 6.46
Rank within category 15 14 15 14 14 15
Number of funds in category 20 20 20 20 20 20

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

As on 31-Jul-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 82
Top 10 Stocks (%) 26.39
Top 5 Stocks (%) 16.45
Top 3 Sectors (%) 40.50
Portfolio P/B Ratio 3.41
Portfolio P/E Ratio 22.86

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 9,619 9,704
Giant (%) -- 5.94
Large (%) -- 2.99
Mid (%) 52.17 40.45
Small (%) 47.28 55.73
Tiny (%) 0.55 0.43

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
down KPR Mills Textiles 21.85 8.57 1.85 5.14
equal Grindwell Norton Metals & Mining 68.25 4.06 1.67 3.54
equal EID-Parry (I) Consumer Staples 9.80 2.88 0.00 2.79
equal Brigade Enterprises Construction 56.10 2.84 0.25 2.66
down Balrampur Chini Mills Consumer Staples 17.31 3.90 1.17 2.32
equal Carborundum Universal Metals & Mining 48.03 2.65 0.96 2.17
down RHI Magnesita India Capital Goods 28.86 2.63 1.00 1.96
equal Cera Sanitaryware Materials 34.63 2.32 1.15 1.95
equal Kei Industries Capital Goods 30.45 2.04 0.00 1.94
up City Union Bank Financial 16.11 1.93 1.04 1.92
equal Ratnamani Metals & Tubes Metals & Mining 33.84 2.13 0.68 1.87
equal Sunteck Realty Construction 147.55 2.05 0.93 1.86
equal Supreme Petrochem Materials 10.94 2.37 0.50 1.81
equal APL Apollo Tubes Metals & Mining 54.06 1.88 0.00 1.76
equal Mahindra Lifespace Construction 27.60 1.84 0.00 1.66
equal Jamna Auto Industries Automobile 29.39 1.74 0.49 1.65
equal Apar Industries Diversified 14.67 1.63 0.63 1.63
down Sonata Software Technology 18.25 2.78 0.99 1.62
equal Tube Investments Of India Automobile 52.74 2.59 0.93 1.60
equal Finolex Industries Materials 8.83 2.56 1.46 1.46
equal Lakshmi Machine Works Capital Goods 46.06 1.49 0.98 1.42
up JK Lakshmi Cement Materials 12.58 2.19 0.00 1.41
up Indian Bank Financial 5.42 1.41 0.00 1.41
equal Suven Pharmaceuticals Healthcare 25.39 2.66 0.00 1.34
equal EIH Services 121.27 1.44 0.64 1.32

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-Jul-2022

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:


0.08%

Change from previous, NAV as on 12-Aug-2022

Growth: ₹ 45.4930

IDCW: ₹ 31.4470


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

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 6
Min. Withdrawal (₹) 500
Min. 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: 20.14%
Benchmark: S&P BSE 250 SmallCap TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 7,993 Cr (As on 31-Jul-2022)
Expense Ratio: 1.87% (As on 31-Jul-2022)
Risk Grade: Average
Return Grade: Average
Turnover: 15.35%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW22-Oct-20211.5000

 23-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

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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