L&T Mutual Fund
L&T Mutual Fund

L&T Emerging Businesses Fund

L&T Emerging Businesses Fund - Fund Facts
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.

Emerging companies are businesses which are typically in the early stage of development and have the potential to grow their revenues and profits at a higher rate as compared to broader market.

There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

Inception date
May 13, 2014
Fund Managers
S.N. Lahiri and Abhijeet Dakshikar (for investments in Foreign Securities)
Benchmark index
S&P BSE Small Cap Index
SIP availability
Yes
Options
Growth and Dividend options available. The Dividend option offers payout or reinvestment facilities.
Minimum Investment
Lump sum: Rs. 5000 and multiples of Re1 thereafter
SIP: Rs. 6,000 (minimum instalment amount or Rs. 1,000 each)
Entry Load
NIL
Exit Load
For Redemption Load (% of Applicable NAV)
Within 1 year from the date of allotment or Purchase applying First in First Out basis. 1

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

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

No Exit Load will be chargeable in case of redemption 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 18th February, 2017)
2.42%
Annual Recurring Expenses for Direct Plan (As on 18th February, 2017)
1.92%
Note:

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 Emerging Businesses Fund - Key Benefits
Suitable for investors seeking higher returns
A product with potential to deliver significantly higher returns compared to the broader market over the long term
Style diversifier
A well-differentiated strategy that can add style diversification to the investor's portfolio
An experienced investment team
Robust investment processes with a focus on in-depth research and risk management coupled with an experienced investment team provide a significant edge in identifying long-term winners in the small cap space
L&T Emerging Businesses Fund - Features
Investment Style Details
Scheme Classification
A open-ended equity growth scheme
Investment 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.

Emerging companies are businesses which are typically in the early stage of development and have the potential to grow their revenues and profits at a higher rate as compared to broader market.

There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

This product is suitable for investors who are seeking*
• Long term capital appreciation
• Investment predominantly in equity and equity-related securities, including equity derivatives in Indian markets with key theme focus being emerging companies (small cap stocks); and foreign securities
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Normal Asset Allocation
Instruments Indicative Allocation (% of net assets) Risk Profile
Maximum Minimum
Equity and equity related securities of small cap companies 100% 50% High
Equity and equity related securities*(including indian and foreign equity securities as permitted by SEBI/RBI*) 35% 0% High
Debt, Money Market Instruments 35% 10% Low to medium

* Includes investments in equity derivatives up to 25% of the net assets of the Scheme

^ The Scheme may invest in Foreign Securities upto 10% of its net assets subject to the Eligible Investment Amount. Investments in Foreign Securities shall be subject to the investment restrictions specified by SEBI/RBI from time to time.

Terms of issue
Units are available on an ongoing basis at the Applicable NAV.
Minimum purchase amount Rs. 5,000
Minimum additional purchase amount Rs. 1,000
Minimum redemption amount/units Rs. 1,000/100 Units

Scheme Information Document, Key Information Memorandum and Application Forms / Transaction Slips available at the ISCs / distributors.

Statutory
L&T Mutual Fund has been established as a trust under the Indian Trust Act, 1882 by L&T Finance Holdings Limited, Sponsor/ Settlor (liability restricted to the seed corpus of Rs. 1 lakh) with L&T Mutual Fund Trustee Limited as the Trustee Company and L&T lnvestment Management Limited as the Investment Manager.

Loads

Entry NIL
For Redemption Load (% of Applicable NAV)
Within 1 year from the date of allotment or Purchase applying First in First Out basis. 1

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

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

No Exit Load will be chargeable in case of redemption of:

(i) Units allotted on account of dividend re-investments; and
(ii) Units issued by way of bonus, if any.

General Services
Investors can contact any of the ISCs at its toll-free number "1800 2000 400". NAVs will be calculated and published on all Business Days. Purchase/Redemption on all Business Days.
Risk factors
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
L&T Emerging Businesses Fund - How to Invest
To invest online
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
Or
Contact your Relationship Manager at your bank, your adviser or your distributor for an application form.
L&T Emerging Businesses Fund - Downloads