L&T Business Cycles Fund - G

NAV ₹38.4443 ↑ 0.56 (1.49 %) as on 17 May 24

Table of Contents

Scheme Objective
NAV Price Chart
Returns
- Historical Returns
- Compounded Returns
Growth Of 10k Over Years
Holdings / Portfolio
All Plan & Options
Fund Manager Information
Custodians
Registrar & Transfer Agent (RTA)
Administrator Companies
Auditors

Scheme 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

L&T Business Cycles Fund is a Equity - Sectoral fund launched on 20 Aug 14. It is a fund with Moderately High risk and has given a CAGR return of 14.8% since its launch. Ranked 19 in Sectoral category. Return for 2023 was 31.3% , 2022 was 5.3% and 2021 was 34.5% .

Below is the key information for L&T Business Cycles Fund

NAV as on 17 May 24	₹38.4443 ↑ 0.56 (1.49 %)
Net Assets (AUM) as on 31 Mar 2024	₹764 Cr.
Launch Date	20 Aug 2014
Category	Equity - Sectoral
Rating	☆☆☆☆
Type	Open Ended Fund
Risk	Moderately High
AMC	L&T Investment Management Ltd

Alpha Ratio	3.97
Expense Ratio	2.51 %
Sharpe Ratio	2.576
Information Ratio	0.46
Benchmark	Not Available
Min Investment	₹5,000
Min SIP Investment	₹500
Exit Load	0-18 Months (1%),18 Months and above(NIL)

NAV Price Chart

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 May 24

Duration	Returns
1 Month	8.8%
3 Month	13.1%
6 Month	31.2%
1 Year	50%
3 Year	26.3%
5 Year	21.2%
10 Year
15 Year
Since launch	14.8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

Year	Returns
2023	31.3%
2022	5.3%
2021	34.5%
2020	9.3%
2019	5.3%
2018	-17.5%
2017	45.6%
2016	3.2%
2015	3.5%

Growth of 10k Over Years

Date	Value
30 Apr 19	₹10,000
30 Apr 20	₹8,090
30 Apr 21	₹12,654
30 Apr 22	₹15,038
30 Apr 23	₹16,712
30 Apr 24	₹24,940

L&T Business Cycles Fund Growth 10k Chart

Asset Allocation

Asset Class	Value
Cash	1.86%
Equity	98.14%

Sector Allocation

Sector	Value
Industrials	30.81%
Financial Services	24.17%
Consumer Cyclical	16.75%
Basic Materials	13.41%
Energy	7.81%
Real Estate	2.76%
Technology	1.31%

L&T Business Cycles Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

Name	Global Industry	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 31 Aug 14 \| ICICIBANK	Banks - Regional	6%	₹46 Cr	425,000
Trent Ltd (Consumer Cyclical) Equity, Since 31 Dec 16 \| 500251	Apparel Retail	6%	₹42 Cr	107,000
Reliance Industries Ltd (Energy) Equity, Since 31 Aug 18 \| RELIANCE	Oil & Gas Refining & Marketing	5%	₹40 Cr	135,600 ↑ 25,600
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Aug 14 \| LT	Engineering & Construction	5%	₹38 Cr	99,920
Multi Commodity Exchange of India Ltd (Financial Services) Equity, Since 31 Dec 22 \| MCX	Financial Data & Stock Exchanges	4%	₹32 Cr	94,300
Ahluwalia Contracts (India) Ltd (Industrials) Equity, Since 31 Jan 15 \| 532811	Engineering & Construction	4%	₹28 Cr	274,908
HDFC Bank Ltd (Financial Services) Equity, Since 31 Aug 14 \| HDFCBANK	Banks - Regional	3%	₹26 Cr	179,800
Power Mech Projects Ltd (Industrials) Equity, Since 31 Oct 22 \| POWERMECH	Engineering & Construction	3%	₹23 Cr	45,400
ABB India Ltd (Industrials) Equity, Since 30 Sep 19 \| 500002	Specialty Industrial Machinery	3%	₹21 Cr	32,600 ↓ -10,100
Bharat Electronics Ltd (Industrials) Equity, Since 31 Dec 22 \| BEL	Aerospace & Defense	3%	₹20 Cr	1,000,000

1 - 10 of 55

Ready to Invest?
Talk to our investment specialist

Fund Managers

Name	Since	Tenure
Venugopal Manghat	20 Aug 14	9.62 Yr.
Gautam Bhupal	1 Jun 23	0.84 Yr.
Sonal Gupta	1 Jun 23	0.84 Yr.

Custodians

Company	Address
Citibank N.A. India	Trent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East),

Registrar & Transfer Agent

Computer Age Management Services Ltd
Address	New No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX	91-44-28283610
Email	enq_L@camsonline.com

Administrator Companies

Company	Address
HSBC Mutual Fund	16, V N Road, Fort, Mumbai 400 001

Auditors

Company	Address
M/s. Price Waterhouse	India,252, Veer Savarkar Marg,,Next to Mayor's Bungalow, Shivaji Park,,Dadar,

All Plan & Options

Fund and Plan	NAV	6 Month	1 Year	3 Year	5 Year
L&T Business Cycles Fund Normal Dividend, Reinvestment	₹26.5182 ↑ 0.39	31.23 %	41.3 %	21.19 %	18.04 %
L&T Business Cycles Fund Normal Dividend, Payout	₹26.5182 ↑ 0.39	31.23 %	41.3 %	21.19 %	18.04 %
L&T Business Cycles Fund Growth	₹38.4443 ↑ 0.56	31.23 %	50.05 %	26.25 %	21.21 %
Data as on 17 May 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.

Shepard Technologies Pvt. Ltd : 1808, Solus, Hiranandani Estate, Thane, Maharashtra - 400607

AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153

Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund, or designing a portfolio that suits your needs.

Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.