Fund Performance
Lumpsum
SIP
45.99
as on 29 Mar 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 31,176 today.
NAV Performance
Fund Information
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₹ 46.435
as on 29 Mar 2023 -
Regular - Growth
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7 / 22
-
₹ 5,000
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₹ 7,686 Cr.
as on 31 Dec 2021 -
1.87%
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12 May 2014
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Nifty 50
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L&T Mutual Fund
Show All Funds -
L&T Emerging Businesses Fund - Regular Plan - 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 ₹ 46.435 as on 29 Mar 2023.
This fund has 8 years of track record. Since 30 Nov 2021 expense ratio of this fund is 1.87%. 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 appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies (small cap stocks). The Scheme could also additionally invest in Foreign Securities.
List of Fund Managers of L&T Emerging Businesses Fund
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About Sonal Gupta
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About Venugopal M
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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 | 3.32% | 8.58% | 25.76% | 73.08% | 54.78% | 66.01% | 17.22% | 25.36% | 13.10% | 12.62% | 31.47% | 24.03% | 21.80% |
| Category Average | -1.24% | -2.73% | 0.10% | 5.17% | 20.93% | 41.04% | 11.52% | 18.89% | 0.81% | 5.71% | 22.68% | 19.09% | 16.34% |
| L&T Emerging Businesses Fund | -0.93%₹ 9,907 | -0.78%₹ 9,921 | 0.34%₹ 10,033 | 4.00%₹ 10,400 | 4.55%₹ 12,292 | 25.18%₹ 15,699 | 9.94%₹ 26,521 | 45.99%₹ 31,176 | 27.68%₹ 53,600 | 11.61%₹ 17,328 | 20.43%₹ 99,688 | - | - |
| Kotak Small Cap Fund | -2.80%₹ 9,719 | -3.81%₹ 9,618 | -5.08%₹ 9,491 | -3.50%₹ 9,650 | -5.56%₹ 11,638 | 15.01%₹ 13,242 | 1.33%₹ 24,333 | 43.76%₹ 29,767 | 21.90%₹ 49,532 | 14.97%₹ 20,099 | 21.23%₹ 1,01,632 | 19.54%₹ 59,678 | 18.13%₹ 3,11,185 |
| Nippon India Small Cap Fund | -1.04%₹ 9,895 | -2.96%₹ 9,703 | 0.75%₹ 10,075 | 7.27%₹ 10,726 | 5.09%₹ 12,326 | 24.37%₹ 15,495 | 10.82%₹ 26,748 | 49.09%₹ 33,209 | 29.07%₹ 54,613 | 15.63%₹ 20,690 | 24.03%₹ 1,08,745 | 25.36%₹ 96,018 | 21.80%₹ 3,79,543 |
| Axis Small Cap Fund | -2.06%₹ 9,793 | -4.18%₹ 9,582 | -2.75%₹ 9,724 | -0.02%₹ 9,998 | -1.20%₹ 11,923 | 19.08%₹ 14,200 | 5.52%₹ 25,389 | 35.69%₹ 25,022 | 20.43%₹ 48,533 | 17.22%₹ 22,150 | 20.56%₹ 1,00,000 | - | - |
| Quant Small Cap Fund | -1.88%₹ 9,812 | -5.33%₹ 9,466 | 3.98%₹ 10,397 | 4.96%₹ 10,496 | 6.16%₹ 12,394 | 28.92%₹ 16,653 | 9.66%₹ 26,447 | 66.01%₹ 45,878 | 31.47%₹ 1,29,763 | - | - | - | - |
| HDFC Small Cap Fund | 0.17%₹ 10,016 | -0.47%₹ 9,953 | 5.54%₹ 10,554 | 11.72%₹ 11,171 | 13.10%₹ 12,830 | 23.36%₹ 15,243 | 11.86%₹ 27,015 | 44.78%₹ 30,408 | 27.51%₹ 53,478 | 12.24%₹ 17,827 | 20.09%₹ 98,879 | - | - |
Portfolio Holdings
Top Sector Holdings of L&T Emerging Businesses Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Fabrics and garments | 11.43% | ₹ 936.06 Cr. |
| Computers - Software | 11.22% | ₹ 919.33 Cr. |
| Abrasives | 6.71% | ₹ 549.51 Cr. |
| Residential/commercial/sez project | 6.34% | ₹ 519.86 Cr. |
| Auto ancillaries | 5.39% | ₹ 442.64 Cr. |
| Others | 58.91% | - |
Top Stock Holdings of L&T Emerging Businesses Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| K.P.R. Mill Ltd. | 8.41% | ₹ 688.49 Cr. |
| Grindwell Norton Ltd. | 4.06% | ₹ 332.59 Cr. |
| Balrampur Chini Mills Ltd. | 3.13% | ₹ 256.32 Cr. |
| Birlasoft Ltd. | 3.04% | ₹ 249.07 Cr. |
| Carborundum Universal Ltd. | 2.65% | ₹ 216.92 Cr. |
| Others | 78.71% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 1.23% |
| Net Receivables | -0.19% |