Fund Performance
Lumpsum
SIP
27.13
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 20,548 today.
NAV Performance
Fund Information
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₹ 28.478
as on 22 Sep 2023 -
Regular - Growth
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-
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₹ 5,000
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₹ 566 Cr.
as on 31 May 2023 -
2.64%
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20 Aug 2014
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Nifty 500 TRI
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L&T Mutual Fund
Show All Funds -
HSBC Business Cycles Fund - Growth charges 1.0% of sell value; if fund sold before 365 days. There are no other charges.
Highlights of this fund
L&T Business Cycles Fund is an Open-ended Equity Fund. The fund belongs to Sectoral/Thematic category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 20 Aug 2014. This fund is offered by one of the top AMC (Assets Management Company) L&T Mutual Fund. You can also view here all other Equity funds offered by L&T Mutual Fund.
Latest NAV of the fund is ₹ 28.478 as on 22 Sep 2023.
This fund has 9 years of track record. Since 31 Mar 2023 expense ratio of this fund is 2.64%. Ideally you shoulds compare this fund with the benchmark Nifty 500 TRI.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
To seek to generate long-term capital appreciation from a portfolio of predominantly 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.
List of Fund Managers of L&T Business Cycles Fund
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About Venugopal Manghat
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About Ankur Arora
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Very High Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 9.55% | 21.62% | 36.88% | 38.44% | 38.01% | 45.43% | 25.50% | 23.54% | 54.23% | 37.48% | 35.76% | 31.74% | 21.08% |
| Category Average | 2.26% | 8.69% | 21.73% | 18.61% | 11.09% | 26.17% | 14.78% | 16.12% | 29.57% | 19.32% | 19.62% | 20.23% | 15.17% |
| L&T Business Cycles Fund | 1.01%₹ 10,100 | 6.32%₹ 10,632 | 20.90%₹ 12,089 | 15.66%₹ 11,565 | 26.41%₹ 13,653 | 13.00%₹ 12,769 | 19.36%₹ 29,009 | 27.13%₹ 20,548 | 20.09%₹ 48,342 | 14.09%₹ 19,345 | 19.35%₹ 97,166 | - | - |
| ICICI Prudential Infrastructure Fund | 2.81%₹ 10,280 | 11.08%₹ 11,108 | 23.08%₹ 12,307 | 32.75%₹ 13,274 | 39.12%₹ 14,411 | 26.00%₹ 15,877 | 32.76%₹ 32,673 | 45.43%₹ 30,755 | 35.60%₹ 59,589 | 20.29%₹ 25,210 | 29.95%₹ 1,25,327 | 18.09%₹ 52,834 | 18.33%₹ 3,14,802 |
| Quant Infrastructure Fund | 2.30%₹ 10,230 | 9.81%₹ 10,981 | 18.67%₹ 11,867 | 8.03%₹ 10,803 | 20.00%₹ 13,262 | 16.67%₹ 13,610 | 17.05%₹ 28,394 | 43.33%₹ 29,443 | 26.71%₹ 52,953 | 25.50%₹ 31,169 | 31.74%₹ 1,30,741 | 21.69%₹ 71,350 | 21.06%₹ 3,64,761 |
| ICICI Prudential Commodities Fund | 1.98%₹ 10,198 | 7.45%₹ 10,745 | 16.64%₹ 11,663 | 19.43%₹ 11,943 | 25.48%₹ 13,597 | 12.70%₹ 12,700 | 19.86%₹ 29,143 | 43.14%₹ 29,325 | 26.25%₹ 52,621 | - | - | - | - |
| HDFC Infrastructure Fund | 2.35%₹ 10,234 | 16.17%₹ 11,617 | 36.88%₹ 13,687 | 35.71%₹ 13,570 | 54.23%₹ 15,288 | 25.81%₹ 15,828 | 37.33%₹ 33,960 | 42.53%₹ 28,957 | 35.76%₹ 59,718 | 13.68%₹ 19,000 | 26.31%₹ 1,14,946 | 14.76%₹ 39,670 | 13.37%₹ 2,41,097 |
| DSP India T.I.G.E.R. Fund | 1.58%₹ 10,158 | 13.53%₹ 11,352 | 30.43%₹ 13,043 | 30.69%₹ 13,068 | 45.92%₹ 14,809 | 21.64%₹ 14,796 | 32.20%₹ 32,517 | 41.54%₹ 28,358 | 32.56%₹ 57,259 | 19.34%₹ 24,232 | 27.62%₹ 1,18,602 | 18.83%₹ 56,263 | 17.83%₹ 3,06,373 |
Portfolio Holdings
Top Sector Holdings of L&T Business Cycles Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 23.89% | ₹ 147.48 Cr. |
| Engineering, designing, construction | 9.35% | ₹ 55.25 Cr. |
| Construction civil | 6.18% | ₹ 36.49 Cr. |
| Refineries/Marketing | 4.60% | ₹ 27.17 Cr. |
| Cement | 4.48% | ₹ 26.44 Cr. |
| Others | 51.50% | - |
Top Stock Holdings of L&T Business Cycles Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| ICICI Bank Ltd. | 6.83% | ₹ 40.34 Cr. |
| HDFC Bank Ltd. | 6.34% | ₹ 37.40 Cr. |
| Reliance Industries Ltd. | 4.60% | ₹ 27.17 Cr. |
| State Bank Of India | 4.42% | ₹ 26.09 Cr. |
| Larsen & Toubro Ltd. | 4.10% | ₹ 24.22 Cr. |
| Others | 73.71% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 2.86% |
| Net Receivables | -0.05% |