L&T Business Cycles Fund - Direct - G

NAV ₹47.3139 ↓ -1.07 (-2.22 %) as on 20 Dec 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 - Direct 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 16.2% since its launch. Return for 2023 was 32.7% , 2022 was 6.5% and 2021 was 36% .

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

NAV as on 20 Dec 24	₹47.3139 ↓ -1.07 (-2.22 %)
Net Assets (AUM) as on 30 Nov 2024	₹1,016 Cr.
Launch Date	20 Aug 2014
Category	Equity - Sectoral
Rating	Not Rated
Type	Open Ended Fund
Risk	Moderately High
AMC	L&T Investment Management Ltd

Alpha Ratio	19.29
Expense Ratio	1.36 %
Sharpe Ratio	2.779
Information Ratio	1.55
Benchmark	Not Available
Min Investment
Min SIP Investment
Exit Load	0-18 Months (1%),18 Months and above(NIL)

Purchase not allowed

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 20 Dec 24

Duration	Returns
1 Month	4.7%
3 Month	-2.4%
6 Month	6.4%
1 Year	41.3%
3 Year	27.2%
5 Year	24.2%
10 Year
15 Year
Since launch	16.2%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

Year	Returns
2023	32.7%
2022	6.5%
2021	36%
2020	10.4%
2019	6.2%
2018	-16.9%
2017	46.5%
2016	3.8%
2015	4.2%

Growth of 10k Over Years

Date	Value
30 Nov 19	₹10,000
30 Nov 20	₹10,664
30 Nov 21	₹14,896
30 Nov 22	₹16,620
30 Nov 23	₹20,476
30 Nov 24	₹29,838

Asset Allocation

Asset Class	Value
Cash	3.43%
Equity	96.57%

Sector Allocation

Sector	Value
Industrials	28.54%
Financial Services	27.13%
Consumer Cyclical	17.15%
Basic Materials	13.2%
Energy	5.95%
Real Estate	1.62%
Technology	1.5%

Top Securities Holdings / Portfolio

Holdings/Securities

Name	Global Industry	Holding	Value	Quantity
Trent Ltd (Consumer Cyclical) Equity, Since 31 Dec 16 \| 500251	Apparel Retail	7%	₹72 Cr	100,680 ↓ -6,320
Multi Commodity Exchange of India Ltd (Financial Services) Equity, Since 31 Dec 22 \| MCX	Financial Data & Stock Exchanges	6%	₹61 Cr	94,300
ICICI Bank Ltd (Financial Services) Equity, Since 31 Aug 14 \| ICICIBANK	Banks - Regional	6%	₹55 Cr	425,000
Reliance Industries Ltd (Energy) Equity, Since 31 Aug 18 \| RELIANCE	Oil & Gas Refining & Marketing	4%	₹36 Cr	271,200
HDFC Bank Ltd (Financial Services) Equity, Since 31 Aug 14 \| HDFCBANK	Banks - Regional	3%	₹34 Cr	193,300
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Aug 14 \| LT	Engineering & Construction	3%	₹30 Cr	81,830
Ahluwalia Contracts (India) Ltd (Industrials) Equity, Since 31 Jan 15 \| AHLUCONT	Engineering & Construction	3%	₹29 Cr	274,908
Bharat Electronics Ltd (Industrials) Equity, Since 31 Dec 22 \| BEL	Aerospace & Defense	3%	₹28 Cr	1,000,000
Power Mech Projects Ltd (Industrials) Equity, Since 31 Oct 22 \| POWERMECH	Engineering & Construction	3%	₹27 Cr	90,800
Kirloskar Pneumatic Co Ltd (Industrials) Equity, Since 30 Jun 23 \| 505283	Specialty Industrial Machinery	3%	₹27 Cr	160,733 ↓ -15,467

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Fund Managers

Name	Since	Tenure
Venugopal Manghat	20 Aug 14	10.29 Yr.
Gautam Bhupal	1 Jun 23	1.5 Yr.
Sonal Gupta	1 Jun 23	1.5 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 - Direct Growth	₹47.3139 ↓ -1.07	6.41 %	41.28 %	27.2 %	24.25 %
L&T Business Cycles Fund - Direct Normal Dividend, Reinvestment	₹29.6164 ↓ -0.67	5.78 %	40.44 %	26.65 %	22.39 %
L&T Business Cycles Fund - Direct Normal Dividend, Payout	₹29.6164 ↓ -0.67	5.78 %	40.44 %	26.65 %	22.39 %
Data as on 20 Dec 24

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

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