L&T mutual fund is one the biggest fund houses in India with its headquarters in Mumbai, India. It was founded in 2010 and boast of a string of great performances over the years and sound investment management practice and a switched-on managing team.

The parent asset management company for all the L&T mutual fund schemes is L&T investment management limited.

Apart from mutual fund, Larsen and Turbo have the following list of companies under it:

• Finance

• Machinery and Industrial products

• IT

• Engineering and construction.

• Real Estate

The Competition in the Mutual Fund Space Galore!

There are lots of major players in the capital market in the mutual fund sector but L&T mutual fund hold fort amongst all the competition. The following are its major competitors:

• Kotak Mutual fund

• Franklin Templeton MF

• Reliance mutual fund

• SBI MF

Why it’s A Good Idea to Choose L&T Mutual Funds to Meet Your Investment Goals and Needs.

• The option of Dividend transfer plan to transfer their dividends top any open plan scheme.

• Ease of investment via online or offline method

• Low cost funds and multi-scheme SIP’s

Types of Mutual Funds Schemes L&T Offers to Remain a Sought-After Fund House In The Market

Mutual fund scheme comprises of various types of funds, i.e.: equity, debt, Hybrid, fixed income funds and fixed maturity plans.

• Equity funds: Mutual fund that mostly invest in stock market. Normally done to grow your money

• Debt funds: mutual fund that mostly invest in government fixed deposit schemes like PPF etc. It proves to be a regular source of income

• Hybrid funds: investing to create a diversified portfolio of debt and equity funds.

o Equity-based hybrid funds: as the name suggest 60% of the investment is made into equity funds.

o Debt based equity funds: The same rule as equity-based funds applies for the debt based as well.

• Fixed maturity plans are for a fixed term with different period of maturity ranging from one month to three years. They are close ended which means once the new fund offer closes you cannot invest in it further.

Various choices, both in growth and dividend fund for the investor to opt from depending upon the current financial situation and future goals.

There are close of to 65 schemes that L&T mutual fund has but we will discuss the top scorers based on performance and cost

L&T India Prudence Fund - Regular Plan - Growth

Objective: Primarily the investment is done in equity related securities to generate generous return over a long period

• Launch date: Feb 07,2011

• Current L&T NAV:26.44

• Expense ratio: 2.01

• Percentage of share: around 70% in equity

• Investment plan: Growth

• Minimum investment: Rs 5000

• Scheme type: open ended

• Exit load :1%

L&T India Value Fund-Regular Plan-Growth

Objective: This scheme can invest in both domestic and international securities to generate a good capital return predominantly through equity related securities.

• Launch date: Jan 08,2010

• Current L&T NAV:38.63

• Expense ratio: 2.02

• Percentage of share: around 95% in equity

• Investment plan: Growth

• Minimum investment: Rs 5000

• Scheme type: open ended

• Exit load :1%

L&T Income Opportunities Fund - Growth

Objective: Aim to generate regular incomes by investing in government securities.

• Launch date: Oct 08,2009

• Current L&T NAV:19.56

• Expense ratio: 1.65

• Percentage of share: around 90% in debt and 0% in equity

• Investment plan: Growth

• Minimum investment: Rs 10000

• Scheme type: open ended

• Exit load :1%

L&T Tax Advantage Fund-Regular Plan – Growth

Objective: Focuses on long term capital appreciation by investing in equity related securities.

• Launch date: Feb 27,2006

• Current L&T NAV:57.01

• Expense ratio: 2.08

• Percentage of share: around 95% in equity

• Investment plan: Growth

• Minimum investment: Rs 500

• Scheme type: open ended

• Exit load: N/A

L&T Midcap Fund - Regular Plan – Cumulative

Objective: Generating capital growth by investing in mid cap stocks

• Launch date: Aug 09,2004

• Current L&T NAV:149.93

• Expense ratio: 2.27

• Percentage of share: around 87% in equity

• Investment plan: Growth

• Minimum investment: Rs 5000

• Scheme type: open ended

• Exit load: N/A

• Entry Load: 1% - It’s an expense obtained from the investor when they buy units of the scheme.

L&T FMP - Series VII (August 1095D) - A – Growth

Objective: capital appreciation made by a combination of debt and fixed income securities.

• Launch date: March 13,2013

• Current L&T NAV:14.81

• Expense ratio: 1.15

• Percentage of share: around 93% in debt

• Investment plan: Growth

• Minimum investment: Rs 5000

• Scheme type: close ended scheme

• Exit load: N/A

• Entry Load: N/A

L&T mutual fund customer care addresses customer with their investment queries and other mutual fund assistance

• You can get account statement online

• You can check the status of the investment

• There is a document covering frequently asked questions which covers and answers most of the queries.

• There is a grievance remediation email address along with a physical address the investor can write to in case of any issues or discrepancy.


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