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Unrated

L&T Business Cycles Fund - Regular Plan


Equity: Thematic

1 Lakh

Investment Grown to
₹ 1.73 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.59 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 40.77 0.81 3.34 6.61 14.20 27.71 66.55 20.01 12.10 13.04 --
S&P BSE 500 TRI 38.37 0.88 3.14 5.83 15.67 30.15 63.63 23.16 17.74 15.35 --

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 Business Cycles Fund - Regular Plan  | Invest Online
Unrated
Aug-14 66.55 20.01 12.10 2.55 574
ICICI Prudential Business Cycle Fund  | Invest Now
Unrated
Jan-21 -- -- -- 1.88 6,009
ICICI Prudential India Opportunities Fund  | Invest Now
Unrated
Jan-19 107.95 -- -- 2.05 4,299
Axis Special Situations Fund - Regular Plan
Unrated
Dec-20 -- -- -- 1.94 2,566
Sundaram Services Fund - Regular Plan
Unrated
Sep-18 82.50 29.70 -- 2.32 1,843

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 19.48 26.10 0.60 0.62 1.12 -3.31
S&P BSE 500 TRI 20.70 22.02 0.76 0.86 -- --

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

As on 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 45.93
Top 5 Stocks (%) 28.51
Top 3 Sectors (%) 62.40
Portfolio P/B Ratio 3.71
Portfolio P/E Ratio 26.89

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 68,335 1,16,066
Giant (%) 38.43 43.10
Large (%) 9.03 25.39
Mid (%) 36.64 22.81
Small (%) 15.91 11.92
Tiny (%) -- --

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 ICICI Bank Financial 25.20 8.55 4.20 8.23
equal HDFC Bank Financial 28.44 8.73 4.51 7.65
equal Ultratech Cement Construction 33.94 5.32 2.37 4.82
up Reliance Industries Energy 37.90 8.69 2.34 4.07
down Ratnamani Metals & Tubes Metals 37.41 6.75 2.29 3.74
equal Larsen & Toubro Construction 20.18 5.80 2.27 3.68
equal State Bank of India Financial 17.50 3.85 0.71 3.57
equal Timken India Engineering 70.50 4.55 1.86 3.54
equal Deepak Nitrite Chemicals 40.35 5.57 1.06 3.32
equal KNR Constructions Construction 18.13 3.88 1.20 3.31
down Godrej Properties Construction -- 3.27 0.00 3.27
equal The Ramco Cements Construction 27.97 4.05 1.81 2.75
equal Birla Corporation Construction 15.52 2.65 0.63 2.46
equal Carborundum Universal Metals 49.03 2.24 0.73 2.24
equal HDFC Financial 25.18 3.50 1.56 2.12
equal ABB India Ltd. Engineering 105.18 2.17 0.00 2.11
equal Kajaria Ceramics Construction 54.89 2.06 0.84 2.06
equal Trent Services -- 4.48 1.64 1.91
down Shree Cement Construction 39.06 4.46 1.69 1.74
equal Schaeffler India Engineering 46.62 1.69 0.73 1.69
equal Kotak Mahindra Bank Financial 40.21 4.36 1.43 1.67
down Jindal Steel & Power Metals 13.04 3.32 0.00 1.64
equal Hindalco Inds. Metals 16.61 1.59 0.00 1.59
equal Ahluwalia Contracts Construction 22.95 2.22 1.20 1.57
equal Sundram Fasteners Engineering 38.93 1.84 1.21 1.52

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

— Cheenu Gupta since 02-Jul-2021

Education: Ms. Gupta is CFA Charter holder (USA), PGDBM (Finance) & B.E. (I.T)

Experience: Prior to joining L&T Mutual Fund, she has worked with Canara Robeco Mutual Fund, Tata AIA Life Insurance Company as Fund Manager, ING Investment Management as Senior Research Analyst and UTI AMC Ltd. as Research Analyst.

Funds Managed:


0.81%

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

Growth: ₹ 23.9520

IDCW: ₹ 18.7100


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: 12.98%
Benchmark: S&P BSE 200 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 574 Cr (As on 30-Sep-2021)
Expense: 2.55% (As on 30-Sep-2021)
Risk Grade: --
Return Grade: --
Turnover: 11.25%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW23-Jul-20211.0000

 03-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

Last Session

Investors' Hangout

Webinar: All about MF Central

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

Registration Over