Multicap

Smallcap Fund
fund

Ride the next wave

of opportunity
Invest in L&T Emerging Businesses Fund
call 1800 2000 400
www.ltfs.com

An open ended equity scheme predominantly investing in small cap stocks.

Historically, small cap companies have outperformed other segments of the market cap in the long term, paving
the way for tremendous growth potential for investors. It is a well known fact that while large cap companies
are extensively researched, small cap stocks are under researched and under owned. Small cap stocks often
present an attractive opportunity in terms of performance from a medium term perspective.
What are Emerging Businesses?
Emerging businesses are relatively small size companies with the potential to grow at a much faster rate than established businesses. They
represent the entrepreneurial economy, typically falling into one of the following categories:
• Companies in evolving industries
• Smaller players in a large industry catering to niche segments
• Smaller players looking to acquire share of unorganized players in a large industry

Why invest in L&T Emerging Businesses Fund?

Small cap stocks have a higher potential for growth in the long run. L&T Emerging Businesses Fund invests in smaller size businesses in
their early stage of development. These businesses have huge growth potential in revenue and profits as compared to broader market
with relatively higher risk.

Key Benefits

Invests in evolving Invests in businesses Ability to turn emerging

smaller players that are catering to niche businesses into opportunities
a part of larger industry segments to be the next success story

Portfolio Positioning (as on September 30, 2019)

Sectors Commodities Consumer Energy Financial Health Care Information Manufacturing Services Telecom
Services Technology

Marketcap

Top 100
stocks

Next 150 3.6 3.9 2.8 1.7 4.3 7.0 1.4

stocks

Beyond Top
6.8 14.3 1.3 6.6 3.2 32.8 1.5
250 stocks
 Fund Facts
Minimum Application Amount Asset Allocation
Lump sum: Initial investment: Rs.5,000 per application 65% - 100% in equity and equity-related securities*(including Indian
Additional investment: Rs.1,000 per application and foreign equity securities as permitted by SEBI/RBI^)
SIP: Rs.500 (minimum 6 monthly installments or minimum 0% - 35% in debt and money market instruments
4 quarterly installments)
Load
Entry Load: Nil; Exit Load: If the units redeemed or switched out are
upto 10% of the units purchased or switched in (“the limit”) within 1
Fund Manager
year from the date of allotment – Nil. If units redeemed or switched out
Mr. S. N. Lahiri and Mr. Karan Desai (for investments in foreign are over and above the limit within 1 year from the date of allotment –
securities) 1%. If units are redeemed or switched out on or after 1 year from the
date of allotment – Nil.
*The Scheme will invest at least 65% of its total assets in small cap stocks. Small Cap stocks will comprise of any equity and equity related instruments of companies that are ranked
beyond 250 based on the full market capitalization. This includes investments in equity derivatives up to 50% of the total assets of the Scheme.
^
The Scheme may invest in Foreign Securities upto 10% of its net assets subject to the Eligible Investment Amount.

Scheme Performance vs. benchmarks (as on September 30, 2019)

(Regular Plan - Growth) CAGR returns % (period) Since inception

1 year 3 years 5 years Date of CAGR Value of

inception of Returns (%) investment of
the Scheme Rs. 10,000
L&T Emerging Businesses Fund (G) -7.06% 7.22% 12.12% 12/May/2014 16.30% 22,563.00
$
S&P BSE Small Cap TRI -7.75% 1.85% 5.18% 11.72% 18,171.10
S&P BSE SENSEX TRI^ 8.03% 12.92% 9.16% 11.23% 17,743.47
L&T Emerging Businesses Fund has launched on 12th May 2014 and has not completed 5 years of performance.
Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and
bonus is adjusted. Load is not taken into consideration. Benchmark: S&P BSE Small Cap TRI. Different plans viz. Regular Plan and Direct Plan have different expense structure.
$
Benchmark ^Additional Benchmark
Other funds managed by Mr. S. N. Lahiri
Period 1 Year 3 Year 5 Year
Scheme return% Benchmark return% Scheme return% Benchmark return% Scheme return% Benchmark return%
L&T Infrastructure Fund -3.63 10.30 8.06 6.56 10.19 2.81
L&T Tax Advantage Fund -1.03 4.81 7.27 10.22 9.34 9.47
L&T Midcap Fund -1.64 -5.61 7.23 2.43 11.67 8.17
L&T Equity Fund 1.97 3.79 6.67 9.51 7.93 9.15
L&T Hybrid Equity Fund 2.66 6.69 6.53 9.57 9.20 9.33
L&T Balanced Advantage Fund 5.60 7.89 6.20 9.05 6.85 8.21

Other funds managed by Mr. Karan Desai

Period 1 Year 3 Year 5 Year
Scheme return% Benchmark return% Scheme return% Benchmark return% Scheme return% Benchmark return%
L&T India Large Cap Fund 8.36 5.29 8.04 10.76 8.36 9.07
L&T Large and Midcap Fund 0.25 4.81 6.76 10.22 8.15 9.47
L&T Equity Fund 1.97 3.79 6.67 9.51 7.93 9.15
L&T India Value Fund -0.74 4.81 6.23 10.22 11.11 9.47
L&T Arbitrage Opportunities Fund 5.97 6.55 6.04 5.25 6.51 6.08
L&T Business Cycles Fund 6.63 4.81 4.19 10.22 8.13 9.47

Mr. S.N Lahiri manages 9 schemes (managing this fund since May 12, 2014) and Mr. Karan Desai (for investments in foreign securities) manages 8 schemes (managing this fund
since February 2, 2017) of L&T Mutual Fund respectively. In case of number of schemes managed by fund manager is more than 6, performance data of top 3 and bottom 3
schemes has been provided.
Top 3 and bottom 3 funds have been selected basis the 3 year CAGR performance of regular plan - growth.
Different plans viz. Regular Plan and Direct Plan have different expense structure

call 1800 2000 400

www.ltfs.com

Follow us on Riskometer

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This product is suitable for investors who are seeking*

• Long-term capital appreciation
High
Low

• Investment predominantly in equity and equity-related securities, including

equity derivatives in Indian markets with key theme focus being emerging
companies (small cap stocks); and foreign securities
LOW HIGH
*Investors should consult their financial advisers if in doubt
about whether the product is suitable for them. Investors understand that their principal will be at high risk

Mutual Fund investments are subject to market risks, read all scheme related documents carefully. CL06605