L&T Mutual Fund launches NFO of L&T Business Cycles Fund

Mutual Fund
Aug 5, 2014 by Advisorkhoj Team | Mutual Fund | 96 Downloaded

NFO Period: July 30, 2014 to August 13, 2014

Type of Scheme – An open ended equity scheme.

Investment 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. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns

Options – Regular Plan and Direct Plan. Both the plans offer, Growth option and Dividend option with payout and reinvestment facility.

Benchmark for performance comparison – S&P BSE 200 Index

Fund Manager – Shri Anoop Bhaskar and Shri Lalit Nambiar

Fund suitability - The Scheme is suitable for investors who are seeking long term capital appreciation

Minimum Investment Amount – Rs. 5,000 (plus in multiples of Rs.10)