L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl

L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl

L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl
L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl

L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl

Equity
Direct
Equity - Other

NAV: ₹ 18.6 as on 23-09-2022

Fund Performance
About the Fund

L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl is an equity fund. This fund was started on  20 August, 2014. The fund is managed by Venugopal Manghat, Cheenu Gupta, Sonal Gupta. The fund could potentially beat inflation in the long-run.

Key parameters

1) L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl has a NAV of 18.561 as on 23-09-2022.

2) L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl has 570 Cr worth of assets under management (AUM) as on 31-07-2022 and is less than category average.

3) The fund has an expense ratio 1.44 %.

Fund Overview

Expense ratio
Expense ratio
1.44%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹570 Cr
Inception Date
Inception Date
20 August, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹0
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
13.58%

Fund Distribution

  • Equity 98.3%
  • Debt & Cash 1.7%
Size breakup
Large cap
41.2%
Mid cap
28.1%
Small cap
27.9%

Sector Allocation

Aug'22

Jul'22

Jun'22

Industrial

29%

Financial Services

23.2%

Consumer Cyclical

20.3%

Basic Materials

17.2%

Energy

6.9%

Real Estate

2.5%

Consumer Defensive

0.8%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings53
Equity Holdings51
Debt Holdings2

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 25.8 Cr in last 1M
Aug'22 return outperformed benchmark

Change in AUM

Aug'22
₹ 570.1 Cr
Jul'22
₹ 544.3 Cr
Jun'22
₹ 487.9 Cr

Fund Returns vs Benchmark

Aug'22
12.24%
9.49%
Jul'22
12.24%
9.49%
Jun'22
-5.38%
-4.94%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
53
54
55
Top 5 Company Concentration
29.9%
30.5%
30.4%
Company having highest exposure
ICICI Bank Ltd (8.7%)
ICICI Bank Ltd (8.9%)
ICICI Bank Ltd (8.6%)
No of Sectors
8
8
9
Top 5 Sectors Concentration
95.2%
95.9%
95.7%
Sector having highest exposure
Industrial (28.5%)
Industrial (29%)
Industrial (28.5%)

Fund Manager

Venugopal Manghat

Venugopal Manghat

Managing this fund since 20 August 2014

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
L&T Midcap Fund Direct Plan Growth
18.34%
23.38%
L&T Emerging Businesses Fund Direct Growth
28.25%
30.49%
L&T India Value Fund Direct Plan Growth Option
19.22%
18.09%
Cheenu Gupta

Cheenu Gupta

Managing this fund since 2 July 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
L&T Tax Advantage Fund Direct Plan Growth Option
14.79%
16.49%
L&T Hybrid Equity Fund Direct Plan Growth Option
12.71%
14.31%
L&T Balanced Advantage Fund Direct Plan Growth Option
9.45%
11.02%
Sonal Gupta

Sonal Gupta

Managing this fund since 5 July 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
L&T Emerging Businesses Fund Direct Growth
28.25%
30.49%
L&T Hybrid Equity Fund Direct Plan Growth Option
12.71%
14.31%
L&T India Value Fund Direct Plan Growth Option
19.22%
18.09%

AMC details

Address
L&T Investment Management Limited,6th Floor, Mafatlal Centre,,Nariman Point
Email
Phone
91-22-66554000
Fund House
L&T Investment Management Ltd

Fund Highlights

About the fund

About the fund

This fund has delivered an average annual returns of 11.17% since inception which is less than its category average return of 12.72%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.34% in Equity, 0% in Debt and 1.66% in Cash related instruments
AUM size ₹570 Cr

AUM size ₹570 Cr

This fund has AUM of ₹570 Cr which is less than its category average of ₹ 1157 Cr
Expense Ratio 1.44%

Expense Ratio 1.44%

This fund has an expense ratio of 1.44% which is less than its category average expense ratio of 1.45%
meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk

Frequently Asked Questions

The current NAV of L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl is 18.56.
Existing (Absolute + CAGR)
L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl
Absolute Returns
CAGR Returns
1 Month Returns
1.57%
1.57%
6 Month Returns
8.11%
8.11%
1 Year Returns
7.14%
7.14%
3 Years Returns
48.16%
14%
5 Years Returns
45.49%
7.79%
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1.44 as on August 2022
570 Cr as on August 2022
ICICI Bank Ltd(8.71%),HDFC Bank Ltd(6.05%),Timken India Ltd(5.95%),Reliance Industries Ltd(4.75%),Schaeffler India Ltd(4.48%) as on August 2022
Industrial(28.54%),Financial Services(22.86%),Consumer Cyclical(19.99%) as on August 2022
The alpha ratio for the L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl
4.29
-3.56
-5.31
As on month end.
The alpha for L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl
1.1
1.1
1.11
As on month end.
The Beta for L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl
0.5
0.63
0.24
As on month end.
The sharpe ratio for L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl
17.21
25.86
23.19
As on month end.
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
0.85
Venugopal Manghat,Cheenu Gupta,Sonal Gupta are the fund managers of L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl
The Exit load of L&T Business Cycles Direct Payout of Income Dis cum Cap wdrl is 1%