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L&T Mutual Fund has launched several top performers over the years. Some of the schemes from this AMC have even doubled the investments of investors and the main reason behind this super performance is the optimal management of these schemes by their fund managers. Today, in this post, we are going to discuss a sectoral scheme from L&T which is one of the top performers in its respective category and the name of the scheme is L&T Infrastructure Fund.
What Is This Scheme All About?
This is an equity-oriented scheme which was launched on Sep 27, 2007, with the objective to provide long-term capital growth by investing in infrastructure and related securities. It is a very popular scheme in the investment market because of the margins it has beaten its benchmark with. The scheme has provided returns of 11.43%, 23.93%, and 9.31% in 1, 3, and 5 years, respectively (as on Jul 20, 2018) while the benchmark has provided returns of -2.46%, 6.66%, and -0.22% in the same time frame. As you can see that when the benchmark is providing returns in negatives, the scheme is providing returns above 9%, which shows the efficiency of the fund manager.
Currently, L&T Infrastructure Fund NAV is Rs 16.07 (as on Jul 20, 2018) and the assets under management as on Jun 30, 2018, are worth Rs 1,945 crores. The scheme has an expense ratio of 2.04% and you are liable to pay an exit load of 1% if you redeem your investments before completion of 1 year. The scheme is currently being managed by Mr. Soumendra Nath Lahiri who holds a PGDM from IIM Bangalore and has more than 15 years of experience in the capital market. You can start an investment in this scheme with a minimum amount of Rs 5000 and can opt for a SIP for as low as Rs 500. To make an investment in this mutual fund scheme, you can visit MySIPonline.
Asset Allocation
L&T Infrastructure Fund follows a diversified portfolio and has 35.89% of total equity investment in large-caps, 45.62% in midcaps, and 18.49% in small-caps. As for the sectors, it invests in those which have some relation to infrastructure. The major sectors of investment are construction, engineering, metals, communication, and services and the top 5 holdings from these sectors are Larsen & Toubro, Shree Cement, Grasim Industries, Graphite India, and The Ramco Cements. For a more detailed portfolio allocation of this scheme, you can visit MySIPonline.
Why Should You Invest in it Right Now?
As we all know that the equity market is dealing at a very lower levels. Mostly all the sectors are underperforming from almost 6 months now, and same is the case with the infrastructure sector. So, if you invest in L&T Infrastructure Fund now that means you will be investing in these stocks at much lower prices and as the share prices will start increasing, so will your investments.
With this, we end our discussion. L&T Infrastructure Fund has provided over the top returns to its investors since its inception and is expected to perform in the same way in the future. If you have queries regarding this or any other mutual fund scheme, then you can contact our experts at MySIPonline.