The year 2018 proved to be an year of dismay for the investors. But, now the market have started bouncing back to the positive territory. The pitch is now ready for the investors to transform the singles into the boundaries by utilizing the market opportunities. Although, there would be some unexpected deliveries but an appropriate shot can surely save your wicket. Here, your appropriate shot is the choice of your mutual fund.If you maintain a diversified portfolio then there are high chances of your survival in the storm of market volatility. This article highlights top 5 L&T Mutual Fund’s equity schemes to invest before 2019 ends. Keep scrolling to know more.
Best L&T Mutual Fund Schemes of 2019
1. L&T Mid Cap Fund
- Type- Equity: Mid cap
- Launch Date- 9th August, 2004
- Risk Associated- Moderately-High
- Fund Managers- Mr. Soumendra Nath Lahiri (since Jun 2013) & Mr. Vihang Naik (since Jun 2016).
- Minimum Investment- Rs. 5,000
- Minimum SIP Investment- Rs. 500
- Assets Managed- Rs. 3,733 Crore (as on 28th Feb. 2019)
- Exit Load- 1% (for redemption within 365 days)
- Expense Ratio- 2.14% (as on 28th Feb. 2019)
This fund aims to provide wealth gains to the investors by diversifying the asset into equity and cash instruments, and by far it has succeeded in the same. The fund has a healthy past record and if we talk about the 7-year annualized returns then the fund has performed good and outperformed it’s benchmark and category fund. The annualized returns of this L&T Mutual Fund plan were 20.14% while that of benchmark and category’s average were 14.76% and 18.08, respectively.2. L&T Emerging Businesses Fund
- Type- Equity: Small cap
- Launch Date- 12th May, 2014
- Risk Associated- High
- Fund Manager- Mr. Soumendra Nath Lahiri (since April 2014)
- Minimum Investment- Rs. 5,000
- Minimum SIP Investment- Rs. 500
- Assets Managed- Rs. 5,516 Crore (as on 28th Feb. 2019)
- Exit Load- 1% (for redemption within 365 days)
- Expense Ratio- 2.17% (as on 28th Feb. 2019)
The previous track record of this L&T Mutual Fund scheme depicts that it has provided eye-popping returns in the long term. Among all the category funds, it has secured Rank 1 in 3-year annualized returns.3. L&T Infrastructure Fund
- Type- Equity: Sectoral-Infrastructure
- Launch Date- 27th September, 2007
- Risk Associated- Below Average
- Fund Manager- Mr. Soumendra Nath Lahiri (since November 2012)
- Minimum Investment- Rs. 5,000
- Minimum SIP Investment- Rs. 500
- Assets Managed- Rs. 1,790 Crore (as on 28th Feb. 2019)
- Exit Load- 1% (for redemption within 365 days)
- Expense Ratio- 2.20% (as on 28th Feb. 2019)
This scheme majorly targets companies that are associated in the infrastructure sector. Moreover, in terms of 10-years annualized returns, the fund has defeated the benchmark index and category’s average by a huge margin. The yearly returns of the fund was 15.28% whereas the benchmark and category provided returns of 11.32% and 12.92%, respectively.
4. L&T India Value Fund
- Type- Equity: Value-Oriented
- Launch Date- 8th January, 2010
- Risk Associated- Average
- Fund Manager- Mr. Venugopal Manghat (since November 2012)
- Minimum Investment- Rs. 5,000
- Minimum SIP Investment- Rs. 500
- Assets Managed- Rs. 7,726 Crore (as on 28th Feb. 2019)
- Exit Load- 1% (for redemption within 365 days)
- Expense Ratio- 2.06% (as on 28th Feb. 2019)
This fund maintains a diversified portfolio by investing in the undervalued stocks. The schemes utilize the market volatility as an opportunity in generating capital gains. If we compare the 5-year annualized growth of this L&T Mutual Fund scheme with it’s competitors then it has managed to beat them by securing Rank 1 in terms of growth and performance.
5. L&T Tax Advantage
- Type- Equity: ELSS
- Launch Date- 27th February, 2006
- Risk Associated- Moderately-High
- Fund Manager- Mr. Soumendra Nath Lahiri (since November 2012)
- Minimum Investment- Rs. 500
- Minimum SIP Investment- Rs. 500
- Assets Managed- Rs. 3,074 Crore (as on 28th Feb. 2019)
- Exit Load- 0 (lock-in period of 3 years)
- Expense Ratio- 2.17% (as on 28th Feb. 2019)
This ELSS scheme of L&T Mutual Fund have been a consistent performer among other ELSS schemes. The 10-year annualized returns of this scheme was 19.06% while that of it’s benchmark and category was 18.07% and 18.18%, respectively.
This brings us to the end of an article. Now, it’s your turn to include these best L&T Mutual Funds of 2019 in your portfolio to enjoy long term capital appreciation.
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