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L&T Focused Equity Fund Direct - Growth L&T Focused Equity Fund Direct - Growth L&T Focused Equity Fund Direct - Growth L&T Focused Equity Fund Direct - Growth - Get latest updates on NAV, Dividends, Returns, Performance, Risks & Portfolio. Invest now! Paisabazaar INR 5000 1

Equity Multi Cap

PLAN: GROWTH TYPE : OPEN-ENDED OPTION: Growth

1 Yr return

7.11%

5 Yrs CAGR returns

NA

NAV as on 03 Feb

₹ 11.63 by 0.11 ( 2.31%)

Expense ratio

1.28

Exit load

1%

Fund Size (Cr)

₹ 696.53


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Performance Graph*
Returns Calculator
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If ₹5000 invested for 1

Estimated returns*

₹ 0

with % annual returns

Direct Funds
Estimated amount
₹ 10,27,000
Regular Funds
Estimated amount
₹ 9,91,000

* The calculator, based on assumed rate of returns, is meant for illustration purposes only.More

The calculations are not based on any judgments of the future return and should not be construed as promise on minimum returns. Information gathered and material used in this calculator is believed to be from reliable sources. Paisabazaar however does not warrant the accuracy, reasonableness and/or completeness of any such information. While utmost care has been exercised while preparing the calculator, Paisabazaar does not warrant the completeness or guarantee that the achieved computations are flawless and/or accurate and disclaims all liabilities, losses and damages arising out of the use or in respect of anything done in reliance of the calculator.

investment objective

The scheme seeks to provide capital appreciation by investing in equity and equity related instruments of maximum 30 stocks. There is no assurance that the investment objective of the scheme will be realized.

Tax Implications

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

riskometer
Top Holdings
Top 10 Sectors %
Health Care 80.15
Technology 69.73
FMCG 38.26
Others 31.81
Construction 31.31
Energy 28.99
Automobile 26.69
Chemicals 18.32
undefined 15.42
Metals 14.57
Top 10 Sectors %
Others 14.1
Others 9.39
Computer Software 8.53
Computer Software 8.14
Computer Software 8.04
Computer Software 7.88
Others 7.83
Crude Oil & Natural Gas 7.81
Crude Oil & Natural Gas 7.4
Computer Software 7.2
Fund house details
Fund House L&T Mutual Fund
Fund Manager Vihang Naik
Fund Setup Date 15 Oct 2018
Address Brindavan Plot No. 177, CST Road Kalina, Santacruz (East)
Contact 022-66554000, 1800 2000 400
Email ID investor.line@lntmf.co.in
More About This Fund

About L & T Focused Equity Fund

As the name describes, L & T Focused Equity Fund is an equity mutual fund that focuses on a limited number of stocks that have ample scope to generate returns. It is a multi cap fund that invests in maximum 30 stocks of companies across capitalizations. Its objective is capital appreciation through equity and equity related instruments of firms with strong scalable opportunity, competence, management, corporate governance practices and balance sheet.

Its strategy is to focus on stocks that are sector & market cap agnostic but  promise above average returns and may outperform in broader markets in future. Expertise of the fund manager in picking up the winner stocks, the equity investment process among firms of all sizes and the ratio in which the fund corpus is allocated is crucial to a fund of this kind. It has bottom-up stock selection procedure using their proprietary G.E.M.* investment approach.

*G.E.M. stands for 1) Generation of ideas, 2) Evaluation of Companies and 3) Manufacturing/Monitoring of Portfolios

Who Should Invest?

  • Investors ready to stay in the fund for a long term with the goal of wealth creation, a fundamental objective of any equity fund
  • Investors looking for diverse but concentrated portfolio with stocks that can perform in normal as well as a polarized market. It generally invests in 10-15 stocks (50%-70%) of large cap, in 8-12 stocks (20%-30%) of mid cap and in 0-10 (0%-20%) of small cap shares
  • Investors having some moderate high risk appetite as it strategizes to hit bull’s eye with high risk-return profile

Risks

Like all equity funds, this fund is also not free from risks. It comes with it’s own set of risks associated with focused funds and its concentration. Investment process is methodical and stringent with a clear focus on risk management on an ongoing basis. However, nothing is guaranteed.

Also Read: Top Performing Multicap Mutual Funds to Invest in 2020

Will You Pay Tax?

If you withdraw or redeem the units before one year of investment, Short Term Capital Gains Tax of 15% is levied. Whereas, Long Term Capital Gains Tax above ₹1 lakh will be taxed at 10% after completion of 1 year of investment.

Let’s say, an individual has ₹2 lakh disposable taxable income in a given financial year, and s/he decides to invest the amount in ELSS. ₹1.5 lakh out of this amount would be exempted from any taxation.₹50,000 would be taxed as per the income tax slab of the investor.

It should be noted that the investment in ELSS remains locked-in for 3 years.

The returns from ELSS are taxed like that from any other equity mutual fund scheme. However, since the units can’t be redeemed before 3 years of investment, only Long Term Capital Gains Tax of 10% above ₹1 lakh will be levied.

Suppose an investor has made a capital gain of ₹1.5 lakh on investment in this scheme, and withdraws the amount after 1 year of investment, Long Term Capital Gains Tax of 10% would be levied on ₹50000. ₹1Lakh is exempted from taxation. The payable tax would be ₹5000.

How to Invest in L & T Focused Equity Fund?

  • Sign Up/Sign In to Paisabazaar.com and go to ‘Browse by AMCs’
  • Click on the section of L & T Asset Management Company Ltd.
  • Scroll or type and search directly by the name of the L & T Focused Equity Fund. Once it opens up, look at the details. You can also compare similar funds as well as use SIP Calculator or Lumpsum Calculator to estimate the future value of your investment.
  • Click on ‘Invest Now’, select either Lump sum or SIP

Why Should you Choose Paisabazaar?

  • Trusted website, no commission charges and no paperwork
  • You can compare more than 1,700 Funds at one platform instead of visiting the website of each AMC and then searching for numerous funds
  • Easy to browse as Funds are segregated under Equity, Debt, Large Cap, ELSS, etc. You can further add filters of ratings, returns, fund houses
  • Important scheme details such as latest Net Asset Value (NAV), expense ratio, assets under management, etc are also available on the portal, making it easier for consumers to pick a suitable fund

FAQs

Q. What is the meaning of multi cap?
A. SEBI classifies all Indian companies on the basis of their capital accruement. It is classified in to large, medium and small companies. The top 100 are large, the next 250 are medium sized and the rest are small ones. When a fund invests in companies of multiple types of capitalizations, it is known as a multi capitalization fund or multi cap fund.

Q. Does L & T Focused Equity Fund come under Section 80C or offers tax benefits?
A.
L & T Focused Equity Fund is not a tax saver fund and does not come under Section 80C.

Q. Is it beneficial to invest via open-ended (lumpsum) or SIP?
A.
SIP is considered an efficient and convenient mode of investment that is profitable for long-term investors. It also reduces financial burden as one needs to invest periodically and one can start with amount as low as Rs. 500 per month.

Q. What is the entry load for this fund?
A.
There is no applicable entry load on the aforementioned fund.

Q. What is the exit load for this scheme?
A.
If an investor redeems the purchased units within 1 year of allotment of units, an exit load of 1% is payable by the investor. However, no exit load is levied for redemption of units after 1 year of purchase.

Q. Is there any lock-in period for investment in this scheme?
A.
No. Investors can redeem their investment as per their wish and needs.

Q. What is the fund manager’s style of investment?
A.
Mr. Soumendra Nath Lahiri and Mr. Vihang Naik make this fund to be of high-conviction and concentrated portfolio. They look out for equities with quality & competent management and strong earnings, striving to make the best possible investments that can work in an investor’s favour to deliver higher alpha over a period of time.