Fund Performance
Lumpsum
SIP
41.59
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 28,388 today.
NAV Performance
Fund Information
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₹ 61.296
as on 22 Sep 2023 -
Regular - Growth
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6 / 22
-
₹ 5,000
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₹ 9,163 Cr.
as on 31 May 2023 -
1.8%
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12 May 2014
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Nifty 50
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L&T Mutual Fund
Show All Funds -
HSBC Small Cap 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 Emerging Businesses Fund is an Open-ended Equity Fund. The fund belongs to Small Cap Fund 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 12 May 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 ₹ 61.296 as on 22 Sep 2023.
This fund has 9 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.8%. Ideally you shoulds compare this fund with the benchmark Nifty 50.
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 generate long term capital growth from an actively managed portfolio of equity and equity related securities of predominantly small cap companies. However, it could move a portion of its assets towards fixed income securities if the fund manager becomes negative on the Indian equity markets.
List of Fund Managers of L&T Emerging Businesses Fund
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About Venugopal Manghat
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About Vihang Naik
Vihang Naik is fund manager at L&T Investment Management with an overall experience of 11 years in equity research. He manages L&T Long Term Advantage Fund, L&T Emerging Opportunities Fund and co-manages L&T Midcap Fund.Prior to this, he was a Research Analyst with MF Global Sify Securities. His previous assignments include research analyst in Motilal Oswal Securities and SBI Cap Limited. Vihang is a Certified Financial Analyst and a Bachelor of Management Studies from Mumbai University.
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 | 4.06% | 13.45% | 34.64% | 73.08% | 54.78% | 46.37% | 28.86% | 29.63% | 48.32% | 32.56% | 34.95% | 40.28% | 24.70% |
| Category Average | 2.49% | 9.75% | 27.72% | 23.74% | 18.29% | 35.74% | 19.51% | 21.99% | 39.10% | 25.11% | 27.55% | 28.95% | 19.42% |
| L&T Emerging Businesses Fund | 2.92%₹ 10,292 | 12.25%₹ 11,224 | 30.77%₹ 13,077 | 27.30%₹ 12,730 | 45.53%₹ 14,786 | 20.33%₹ 14,480 | 29.21%₹ 31,685 | 41.59%₹ 28,388 | 32.62%₹ 57,306 | 18.95%₹ 23,831 | 30.13%₹ 1,25,858 | - | - |
| Nippon India Small Cap Fund | 2.88%₹ 10,287 | 12.03%₹ 11,203 | 33.32%₹ 13,332 | 30.72%₹ 13,071 | 48.32%₹ 14,948 | 22.66%₹ 15,046 | 32.56%₹ 32,616 | 43.12%₹ 29,315 | 34.95%₹ 59,090 | 23.52%₹ 28,791 | 34.15%₹ 1,38,338 | 29.63%₹ 1,34,370 | 24.70%₹ 4,44,210 |
| SBI Small Cap Fund | 2.51%₹ 10,251 | 9.93%₹ 10,993 | 23.92%₹ 12,392 | 16.36%₹ 11,636 | 30.42%₹ 13,895 | 16.57%₹ 13,587 | 22.08%₹ 29,740 | 32.64%₹ 23,335 | 24.40%₹ 51,312 | 20.42%₹ 25,346 | 26.74%₹ 1,16,126 | - | - |
| Canara Robeco Small Cap Fund | 2.32%₹ 10,232 | 8.06%₹ 10,805 | 24.15%₹ 12,414 | 15.07%₹ 11,506 | 29.96%₹ 13,867 | 15.96%₹ 13,447 | 20.30%₹ 29,259 | 36.87%₹ 25,638 | 26.72%₹ 52,958 | - | - | - | - |
| Quant Small Cap Fund | 1.74%₹ 10,174 | 12.89%₹ 11,289 | 30.85%₹ 13,084 | 30.97%₹ 13,097 | 44.60%₹ 14,732 | 19.37%₹ 14,247 | 29.80%₹ 31,848 | 46.37%₹ 31,358 | 34.51%₹ 58,753 | 28.86%₹ 35,578 | 40.28%₹ 1,59,439 | - | - |
| Axis Small Cap Fund | 2.81%₹ 10,280 | 7.16%₹ 10,715 | 25.53%₹ 12,552 | 19.54%₹ 11,954 | 33.05%₹ 14,052 | 14.53%₹ 13,117 | 21.92%₹ 29,695 | 33.11%₹ 23,585 | 24.93%₹ 51,684 | 23.53%₹ 28,802 | 27.17%₹ 1,17,335 | - | - |
Portfolio Holdings
Top Sector Holdings of L&T Emerging Businesses Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Computers - Software | 8.29% | ₹ 790.06 Cr. |
| Cables - Electricals | 6.03% | ₹ 574.38 Cr. |
| Residential/commercial/sez project | 5.69% | ₹ 542.43 Cr. |
| Steel products | 5.26% | ₹ 501.02 Cr. |
| Abrasives | 5.18% | ₹ 494.01 Cr. |
| Others | 69.55% | - |
Top Stock Holdings of L&T Emerging Businesses Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| K.P.R. Mill Ltd. | 3.06% | ₹ 291.61 Cr. |
| Apar Industries Ltd. | 2.84% | ₹ 270.90 Cr. |
| KEI Industries Ltd. | 2.79% | ₹ 265.50 Cr. |
| Carborundum Universal Ltd. | 2.71% | ₹ 258.73 Cr. |
| Sonata Software Ltd. | 2.50% | ₹ 237.91 Cr. |
| Others | 86.10% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 1.74% |
| Net Receivables | -0.21% |