L&T Mutual Fund – About L&T, Top 10 L&T Mutual Funds, Risk & Features

Gaurav Seth
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Gaurav Seth

About L&T Mutual Fund

L&T Mutual Fund was founded in the year 2010. The fund house emphasizes on providing good long-term performance to its investors. They follow a disciplined approach to investment and risk management. L&T mutual fund deploys a robust monitoring and risk management framework at every stage to ensure well-managed investments. 

L&T follow GEM- a 3 step investment process:

  1. Generation of ideas: The fund managers and analysts actively look for new ideas & opportunities to invest. Depending upon the type of scheme, the research process is conducted while following the in-house created framework.
  2. Evaluation of companies: The fund managers and analysts filter in the companies based on liquidity, market capitalization, corporate governance, valuations, and other parameters to identify profitable and good investing opportunities.
  3. Manufacturing or Monitoring of portfolios: From all the filtered stocks & ideas, the fund manager picks the companies which have a high potential to generate good returns for the investors. The continuous monitoring of the investment portfolios ensures that the schemes meet their investment objectives by eliminating or making additions in the portfolio from time to time as per the market conditions, opportunities & challenges.

Major Information about L&T Mutual Fund

Total AUM: ₹75,819 Crores as of 31st May 2021

No. of Schemes: 36 Schemes

Top 10 L&T Mutual Funds

L&T Midcap Fund

L&T Balanced Advantage Fund

L&T Triple Ace Bond Fund

L&T Emerging Businesses

L&T Arbitrage Opportunities

L&T Equity Savings Fund

L&T Banking and PSU Debt Fund

L&T Short Term Bond Fund

L&T Tax Advantage Fund

L&T Equity Fund

L&T Equity Funds

L&T Equity funds invest their assets in equity and equity and related securities. These funds are great for long-term capital appreciation. These funds are best for investors who want exposure to stock markets.

L&T Debt Funds

L&T Debt Funds invest their assets in debt and debt-related instruments which have a fixed rate of interest and thus generate relatively stable returns. Debt instruments are Bond, Debentures, Commercial Paper, Government securities. Debt funds are considered as low risk and hence low returns as compared with equity funds.

L&T Hybrid Funds

L&T Hybrid funds invest their assets in more than one asset class like equity, debt, gold, or any other. These funds give good diversification as the investments are done in different asset classes. Hybrid funds have the capability to generate more returns than debt funds and also they possess lower risk as compared to equity funds.

L&T Tax Saver Funds

Tax saver funds are also known as ELSS funds. As the name suggests, these funds give a tax deduction of up to ₹1.5 lakhs under Section 80C of the Income Tax Act,1961. These funds invest their assets in equity securities in a diversified manner by forming a multi-cap portfolio. These funds come with a mandatory lock-in period of 3 years.

Fund Managers of L&T Mutual Fund

Mr. Venugopal Manghat

Mr. Manghat is Head of Equity at L&T Investment Management. He has 9 years of experience working with L&T Investment management. Previously, he has worked for 16 years as a Co-head of equity at Tata Asset Management. He currently manages 17 Schemes with a total AUM of ₹38,400 Crores.

Mr. Vihang Naik

Mr. Naik is a fund manager at L&T mutual fund. He has a total experience of 11 years and previously worked with Motilal Oswal Securities & SBI Cap Limited as a research analyst. Also, he is a Chartered Financial Analyst(CFA). He is currently managing 16 schemes with a total AUM of ₹30,900 Crores.

Mr. Shriram Ramanathan

Mr. Ramanathan is Head of Fixed Income at L&T Investment Management. He has a total experience of 16 years and has worked with ING Investment Management in Hong Kong, Zurich Asset Management Company, and with some other companies. He is managing 20 schemes with a total AUM of ₹38,400 Crores.

Mr. Jalpan Shah

Mr. Shah is a portfolio manager of fixed income at L&T investment management. He has a total experience of 15 years and also previously worked with UTI Mutual fund & Fidelity International. He is currently managing 23 schemes with a total AUM of ₹36,600 Crores.

How to Invest in L&T Mutual Funds Via ZFunds?

There are very easy and simple steps to start investing in the L&T Mutual Fund which is one of the largest mutual fund houses in India. Follow the below-mentioned steps to start investing:

  1. Create your free account with ZFunds. If you already have an account with ZFunds, you can simply log in to it.
  2. To create an account, you will be required to upload your identification documents which can include an Aadhar card, pan card, Voter ID card, driving license, passport, or any other document which is issued by the central or state government.
  3. You will also be required to upload your address proof.
  4. After that, you just need to select the best fund which suits you as per your investment horizon and risk.
  5. And, then at last you just need to choose whether you want to do lump sum investment or start a daily sip investment.

After the successful investment, the units will be allotted and investment will be reflected in 2-3 working days in your ZFunds account.

Documents Required for KYC

For Offline KYC:

1. Identity Proof: For this, you need to submit one of the following documents:

  • Adhaar Card
  • PAN Card
  • Voter ID
  • Passport
  • Driving license.
  • NREGA Job Card

2. Address Proof: For this, you need to submit one of the following documents:

  • Adhar Card
  • Passport
  • Voter ID
  • Driving License
  • Utility Bill
  • Bank or post office account statement
  • NREGA Job Card

3. Passport Size photograph and signature.

For Online KYC:

  1. Photograph
  2. Signature
  3. Pan Card
  4. Adhar Card

Also get more about daily sip mutual fund investment in India.

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