L&T Emerging Businesses Fund is a small cap fund from L&T Mutual Funds. The fund invests its assets predominantly in companies that are in an early stage of development. Such companies rank 251st or below in terms of market cap. Small cap funds are suitable for investors that have a portfolio of large cap or flexicap funds. Such funds are more volatile and risky than large cap & midcap funds, but can offer very high returns in the long term.
The NAV of the L&T Emerging Businesses Fund as on 28th March 2022 was Rs. 44.388.