The L&T Equity growth fund aims at generating long-term capital appreciation by keeping the portfolio diversified in large, mid, and small-cap companies. An open-ended scheme, it invests across full market capitalisation through equity and equity-related securities. L&T Equity Fund G also keeps up to 20% of its total assets in cash derivatives to maintain liquidity in the fund.
|Fund Type||Open Ended|
|Benchmark||S&P BSE 500 TRI|
|Asset Size(Cr)||2614.76 (As on Sep 30, 2018, 2018)|
|Fund Manager||Soumendra Nath Lahiri (5.6), Karan Desai (1.4)|
|Notes||L&T Mutual Fund has changed the face value of units issued under L&T Cash Fund from Rs 10 per unit to Rs 1000 per unit w.e.f. February 8, 2013. L&T Mutual Fund has acquire Fidelity Mutual Fund. Pursuant to this all the schemes of Fidelity Mutual Fund has been renamed to L&T Mutual Fund w.e.f. November 26, 2012.|
|Min SIP Investment||500|
|Min Addl Investment||1000|
|Exit Load||1 % For 365 Days|
|Period||Returns(%)||Benchmark Returns (%)|
- Returns for less than one year are Absolute, and those for more than one year are Annualised (CAGR).
- All the returns are calculated as against the performance of Nifty Free Float Midcap 100.
- The benchmark for the funds falling in small- and mid-cap category is Nifty Free Float Midcap 100.
|Fund Name||Ratings||1 Yr Rtn.||3 Yr Rtn.||5 Yr Rtn.|
|Kotak Standard Multicap Fund (G)||
|Reliance Multi Cap Fund (G)||
|Mirae Asset India Equity Fund (G)||
|SBI Magnum Multicap Fund (G)||
|Period||Returns (%)||BSE 200 (%)|
|No. of Investment||Amount Invested||Investment Value As on date||Units Purchased||CAGR|
| No. of Investment
|| Amount Invested
|| Investment Value As on date
|| Units Purchased || CAGR
The graph depicts the wealth generated or the historical returns offered by the SIP investments made in the selected time horizon.
|Total Amount Invested||Investment Value As on Date||Total Units Purchased||Abs. Return|
| Total Amount Invested
|| Investment Value As on Date
|| Total Units Purchased || Abs. Return
The graph depicts the wealth generated or the historical returns offered by the lump sum investments made in the selected time horizon.
|Sector||Value(In Cr)||Allocation (%)|
|Holdings||Instrument||Industry||Rating||Market Value||% to NAV|
L&T Equity Growth Fund is a dream scheme for investors who seek a long-term investment option. It was launched by L&T MF on May 16th, 2005, with an investment objective to facilitate investors to invest across different caps such as large-cap, mid-cap, and small-cap equities. This mixture of equity is great for investment as the required diversification is maintained, to gain out of them maximum, by putting the intelligence at work from time to time. MySIPonline, the leading online platform, after conducting intensive research has mentioned it in its Top Ranking Funds List which itself is an indicator of its performance. It is the result of hard work that has been put in, that the assets under management has reached Rs. 2798 crores as on July 31st, 2018. Let’s see how the allocation of these assets have been done in the most profitable way to help investors get the maximum benefit out of it.
The returns generates depend on where the assets have been invested. It takes huge consideration of facts to finally reach a rational selection of securities to invest in. L&T Equity Fund growth is one of those schemes that has its assets engaged in the most productive stocks. The experts at MySIPonline have deeply researched the portfolio that it holds, in order to fulfill its investment objective. Let’s have a look at it.
To invest in this great equity scheme, all you need to do is follow the simplest and time-saving online procedure of investment at this leading platform, MySIPonline. The hassle-free procedure would be finished before you even realizes. But, before that let’s take a small tour of the points that you should know.
The top ten companies in which L&t equity growth fund has invested the assets as on July 31st, 2018 are HDFC Bank, HDFC, Larsen & Toubro, IndusInd Bank, Tata Consultancy Services, Kotak Mahindra Bank, Hindustan Unilever, ITC, The Ramco Cements, and Graphite India. All these companies are spread across sectors such as Financial, Construction, Technology, FMCG, and Engineering. L&T equity fund growth scheme has majorly allocated 31.33% in the financial sector followed by 14.77% in construction sector which is a good indicator. As currently, the financial sector is going through an expansion phase with old ones expanding and new entities entering the market leading to overall growth. Turnover of construction industry is also expected to increase in the coming years.
These were the main investment-related points that every investor should know about Fund by L&T Mutual Fund. Talking of performance, it has yielded five year returns of 19.78% which is comparatively more than the returns yielded by its benchmark NIFTY 500 TRI as on August 06th, 2018. The standard deviation of L&t equity growth fund scheme is 14.24% as on July 31st, 2018 which means the average rate of performance will get deviated by this much rate whether negatively or positively. This rate has been calculated on the basis of the calendar month returns for the last three years. If you wish to discuss more regarding any one of the above given points, you may contact the experts here at MySIPonline any time without paying any additional charges. Don’t forget to read our news and blog section to remain updated about the current trends and important facts about mutual funds.
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