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L&T Business Cycles Fund - Direct Plan - Growth (defunct)

L&T Mutual Fund · Equity · mandate: ≥80% in the named sector/theme · benchmark: —
AUM (all plans)
CAGR (full)
17.9%
Sharpe (full)
0.79
Sharpe (bull ≤Sep-24)
Sharpe (sideways Oct-24→)
Max drawdown
-38.9%
Months of data
99
Percentile ranks this fund within its peer pool; the leaderboard Score is the weighted average of its fiscal-year percentiles (equity: active-return-rank blended with IR-rank).

Equity curve

20142015201620172018201920202021202298191283Fund (NAV=100)Risk-free 6%/yrCategory median (Flexi)

Drawdown

201420152016201720182019202020212022-39-190Drawdown %

Fiscal-year record

FYReturnvs categorySharpemonths
FY2220.6%-0.2%1.2612
FY23*9.1%1.0%0.448
FY240
FY250
FY260
FY27*0
Active/Fund returns are TOTALS over the months covered — never annualized (FY27* is year-to-date; a * row covers only part of the year). %ile is the fund's percentile within its peer pool for that year.

Monthly returns (%)

JanFebMarAprMayJunJulAugSepOctNovDecYear
2014+1.5+6.3+5.2+1.1+14.7
2015+6.2+1.7-0.4-3.9+3.1-0.1+4.6-6.8-0.5+0.4+0.4-0.1+4.2
2016-8.1-10.8+13.3+2.3+2.7+4.8+6.4+2.2+1.0+2.0-6.3-3.4+3.8
2017+8.2+3.4+5.1+5.4+0.5-1.6+4.7+1.1-1.2+7.0+2.4+4.3+46.5
2018-1.7-3.7-3.9+5.6-4.4-6.5+4.2-0.1-11.2-1.7+5.3+1.1-16.9
2019-5.1-1.2+10.4-1.8+7.2-0.6-8.5-2.9+6.8+2.7-0.8+1.4+6.2
2020+4.0-4.5-30.3+12.7-3.7+9.4+4.3+6.1+0.5+1.1+13.7+4.9+10.4
2021-1.5+12.8+0.9-0.3+6.4+1.9+3.8+3.5+3.1+2.3-3.1+2.2+36.0
2022+0.3-4.5+3.8-0.7-3.3-5.4+12.7+5.5-2.7+2.5+1.2+8.5

Quarterly average AUM & estimated net flows

2014201520162017201820192020202120222177551,292AUM (quarter avg), ₹cr
-282437
Quarterly net flow estimate: AUM_q − AUM_(q−1)·(1+quarter return). AUM shown is the quarter AVERAGE (AMFI central disclosure). Positive = net inflows, ₹cr.
Source: AMFI's official all-scheme NAV history (portal report; official NAV history, net of TER by construction). Monthly returns are month-end NAV chains; stale prints (>7 days before month-end) drop out rather than carry. Benchmark series are the median of plain-vanilla direct-plan index funds tracking each index (TRI minus ~10-25bp/yr tracking drag — verified against true-TRI chains). Direct plans, growth option only. Sharpe uses rf 6%, arithmetic monthly convention. Independence: all figures are computed from mandatory public disclosures with a fixed methodology applied identically to every fund — no fund can pay for inclusion, exclusion, placement, or altered presentation, and any material commercial relationship will be disclosed on the affected pages. Nothing here is investment advice; past performance does not predict future returns. Generated 2026-08-25 05:37Z · data through Aug 2026 · leaderboard · PMS leaderboard
Feedback, inputs, or bug reports are appreciated — @vivekrmr on X · LinkedIn.