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Unrated

L&T Business Cycles Fund - Regular Plan


Equity: Thematic

1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.57 Lakh

Suitability:

This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.

We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in multi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other thematic fund, if you need to redeem your investment in less than five 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
Fund 10.51 0.34 -2.17 -2.19 7.65 32.52 67.10 3.36 10.68 -- --
S&P BSE 500 TRI 7.29 0.49 -1.83 -1.65 3.50 28.70 68.29 11.27 14.91 -- --

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 Business Cycles Fund - Regular Plan  | Invest Online
Unrated
Aug-14 67.10 3.36 10.68 2.55 525
ICICI Prudential Business Cycle Fund  | Invest Now
Unrated
Jan-21 -- -- -- 1.91 4,606
ICICI Prudential India Opportunities Fund  | Invest Now
Unrated
Jan-19 65.63 -- -- 1.98 3,072
Axis Special Situations Fund - Regular Plan
Unrated
Dec-20 -- -- -- 2.03 2,287
HDFC Housing Opportunities Fund - Regular Plan  | Invest Online
Unrated
Dec-17 53.17 1.67 -- 2.04 1,918

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.40 29-Jan-2021 - 05-Feb-2021 -23.21 16-Mar-2020 - 23-Mar-2020
Month 18.97 22-May-2020 - 23-Jun-2020 -40.16 20-Feb-2020 - 23-Mar-2020
Quarter 31.71 24-Mar-2020 - 23-Jun-2020 -35.74 23-Dec-2019 - 23-Mar-2020
Year 91.93 23-Mar-2020 - 23-Mar-2021 -33.90 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.29 27.58 0.17 0.19 1.15 -7.15
S&P BSE 500 TRI 14.92 22.86 0.46 0.53 -- --

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 49
Top 10 Stocks (%) 48.10
Top 5 Stocks (%) 31.00
Top 3 Sectors (%) 58.25
Portfolio P/B Ratio 3.44
Portfolio P/E Ratio 29.44

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 61,435 92,165
Giant (%) 39.10 38.78
Large (%) 7.61 27.86
Mid (%) 35.24 22.44
Small (%) 18.05 13.75
Tiny (%) -- 0.29

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 HDFC Bank Financial 25.67 8.73 4.14 8.08
equal ICICI Bank Financial 26.57 8.08 0.93 7.47
equal Ultratech Cement Construction 28.27 5.32 1.91 5.32
equal Reliance Industries Energy 30.95 8.69 0.00 5.20
down Deepak Nitrite Chemicals 32.88 5.11 0.94 4.93
down Ratnamani Metals & Tubes Metals 38.92 6.75 1.97 4.84
equal Larsen & Toubro Construction 16.63 5.80 2.27 3.35
down Timken India Engineering 65.98 4.55 1.86 3.10
equal The Ramco Cements Construction 33.67 4.05 1.81 3.06
equal Shree Cement Construction 54.94 4.46 1.69 2.75
equal KNR Constructions Construction 14.91 3.33 1.20 2.69
equal Godrej Properties Construction 362.51 2.83 0.00 2.59
equal Mahindra & Mahindra Automobile -- 2.63 0.00 2.56
up Jindal Steel & Power Metals 20.39 2.55 0.00 2.55
equal HDFC Financial 26.52 3.50 1.48 2.10
equal State Bank of India Financial 13.08 3.85 0.67 2.07
equal Kotak Mahindra Bank Financial 37.60 4.36 1.91 1.91
equal Trent Services -- 4.48 1.40 1.87
equal Maruti Suzuki India Automobile 44.92 3.80 0.49 1.86
equal Birla Corporation Construction 12.79 1.78 0.63 1.78
equal ABB India Ltd. Engineering 132.21 1.88 0.00 1.74
equal Kajaria Ceramics Construction 62.28 1.77 0.84 1.74
equal AIA Engineering Metals 31.27 2.85 1.08 1.69
equal Atul Chemicals 36.99 2.20 0.00 1.60
equal Ahluwalia Contracts Construction 42.60 2.22 1.20 1.50

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:


0.34%

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

Growth: ₹ 18.8040

IDCW: ₹ 15.5790


Investment Strategy

The scheme seeks to generate long term capital appreciation from a portfolio of 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.

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: 20-Aug-2014
Return Since Launch: 9.95%
Benchmark: S&P BSE 200 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 525 Cr (As on 31-Mar-2021)
Expense: 2.55% (As on 31-Mar-2021)
Risk Grade: --
Return Grade: --
Turnover: 18.14%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW03-Oct-20190.6198

 20-Jul-20180.7969
 14-Jul-20171.0000

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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