L&T Mutual Fund
L&T Mutual Fund

L&T Business Cycles Fund

L&T Business Cycles Fund - Fund Facts
Fund objective
To seek to generate long-term capital appreciation from a diversified 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.
Inception date
August 21,2014
Fund Managers
Mr. Venugopal Manghat
Mr. Karan Desai (for investments in Foreign Securities)
Benchmark index
S&P BSE 200 Index
SIP availability
Growth, Dividend . The Dividend option offers payout or reinvestment facilities.
Minimum Investment
Lump sum: Fresh purchase: Rs. 5,000; additional purchase: Rs. 1,000; thereafter in multiples of Re.1. SIP: Rs. 3,000 (minimum instalment amount of Rs. 500 each, minimum 6 instalments)
Entry Load
Exit Load

For redemption within 18 months from the date of allotment or Purchase applying First in First Out basis: 1.00%

A switch-out or a withdrawal under SWP may also attract an Exit Load like any Redemption.

No Exit Load will be chargeable in case of switches made between different options of the Scheme.

No Exit Load will be chargeable in case of (i) Units allotted on account of dividend re-investments; and (ii) Units issued by way of bonus, if any

Annual Recurring Expenses (As on 17th June, 2017)
Annual Recurring Expenses for Direct Plan (As on 17th June, 2017)
The above ratio includes 20 bps of additional expenses.
Apart from the above-mentioned expenses, additional expenses of up to 0.30% of daily net assets of the scheme, in compliance with the conditions prescribed and service tax on investment management fees are also being charged.
Dividend History
Click here to view dividend history.
L&T Business Cycles Fund - Overview

Click here to download the scheme brochure.

L&T Business Cycles Fund - Key Benefits
Best of Both worlds:
One fund that aims to deliver through all market cycles
Attractive investment diversifier:
A well-differentiated and one of a kind fund
Potential for higher alpha:
Potential to grow faster than the broader market.
Opportunity Maximizer:
Well-poised to help benefit from economic recovery over the next few years
Long-term Wealth Creation
Invests in companies with high-quality management, strong balance sheets and good returns potential
Strong Research Coverage
Strong investment team to identify growth trends, disciplined research-based investing approach capitalizes on opportunities
No Cap or Sector Bias:
Will invest across companies and industries
L&T Business Cycles Fund - Features
Investment Style Details
Normal Asset Allocation
Terms of issue
General Services

Investors can contact any of the ISCs at its toll-free number "1800 2000 400". NAVs will be calculated and published in two daily newspapers on all Business Days. Purchase/Redemption on all Business Days after the Conversion/Maturity Date.

Risk factors

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

L&T Business Cycles Fund - How to Invest

To invest online

Click here to invest online instantly*.

In case you require any more information on investing in the L&T Mutual Fund, please call our toll-free Investor Line on 1800 2000 400 between 9am to 6pm on any business day.

To invest offline

Click here to download the KIM and Application form.


Contact your Relationship Manager at your bank, your adviser or your distributor for an application form.

L&T Business Cycles Fund - Downloads