L&t mutual fund company?
In November 2022, HSBC Mutual Fund completed the acquisition of L&T Mutual Fund, making the combined entity the 14th biggest asset management company (AMC) in India, with assets under management (AUM) of Rs 85,839 crore at the end of December 2022.
In November 2022, HSBC Mutual Fund completed the acquisition of L&T Mutual Fund, making the combined entity the 14th biggest asset management company (AMC) in India, with assets under management (AUM) of Rs 85,839 crore at the end of December 2022.
| S. No. | Category | Existing Name |
|---|---|---|
| 2 | Value | L&T India Value Fund |
| 3 | Thematic | L&T Business Cycles Fund |
| 4 | Balanced Advantage Fund | L&T Balanced Advantage Fund |
| 5 | Equity Savings | L&T Equity Savings Fund |
- Website. https://www.ltfs.com/companies/lnt-investment-management/lnt-mutual-fund.html.
- Contact email. investor.line@lntmf.co.in.
- Investor Login. L&T investors can login here.
L&T India Value Fund is a Equity - Value fund was launched on 8 Jan 10. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 16.7% since its launch. Ranked 4 in Value category. Return for 2023 was 39.4% , 2022 was 5.2% and 2021 was 40.3% .
L&T Mutual Fund Statement
A missed call from your registered mobile number to 9212900020 gets you the total valuation on SMS, and statements on your registered email-id for all your folios and their corresponding schemes.
In May 2022, it was announced that Mindtree, which was then a different IT services subsidiary of Larsen & Toubro, will be merged into LTI, and the company will be renamed as LTIMindtree. Larsen & Toubro Group chairman A. M.
| L & T Construction office in Manapakkam, Chennai | |
|---|---|
| Founders | Henning Holck-Larsen Søren Kristian Toubro |
| Headquarters | L&T House, Ballard Estate, Mumbai, Maharashtra , India |
| Area served | Worldwide |
| Key people | Anil Manibhai Naik (Chairman Emeritus) S. N. Subrahmanyan (Chairman & MD) R. Shankar Raman (CFO) |
IIFL Wealth Group (“IIFLWealth”) today said, it has entered into a definitive agreement to acquire 100% equity shares of L&T Capital Markets Limited (“LTCM”), a wholly owned subsidiary of L&T Finance Holdings Limited (“LTFH”), which provides wealth management services for individual and institutional clients.
L&T Finance Holdings Ltd.
Our Company was originally incorporated as L&T Capital Holdings Limited on May 1, 2008 under the Companies Act, as a public limited company, to carry on the business of investment/finance. Our Company received the certificate of commencement of business on May 15, 2008.
How do I contact L&T mutual fund?
| Contact Number | (022) 66554000 66554444, 800-209-4747 |
| Contact Email | igrc@ltfinanceholdings.com |
| Founder | Kailash Kulkarni |
| No of employees | 319 |
| Founded | - |
Mutual fund status refers to the current condition and details of your mutual fund investments, including the investment value, transaction history, account information, and distributions. You can typically access this information by logging into your mutual fund account through the fund house's website or app.
- How to Regularly Track Mutual Fund Portfolio?
- Consolidated Account Statement (CAS)
- AMC Website/Mobile App.
- Online Portfolio Trackers.
- Mutual Fund Fact Sheet.
- Check with Your Investment Advisor.
- Track Your Mutual Fund Investments for Best Results.
Despite strong gains, analysts believe the stock has more steam left for the long term. Most analysts and brokerage firms are positive about L&T stock for the long term because of the company's strong order pipeline and growing might in emerging sectors such as green hydrogen, semiconductors and data centres.
| Fund Name | Category | Risk |
|---|---|---|
| Invesco India Arbitrage Fund | Hybrid | Low |
| Edelweiss Arbitrage Fund | Hybrid | Low |
| Bank of India Overnight Fund | Debt | Low |
| Mirae Asset Overnight Fund | Debt | Low |
Strong Financial Performance: L&T's financials are impressive. In the last three years, it achieved a compound annual growth rate (CAGR) of 10% in revenue and 39.3% in net profit. The return on equity (RoE) and return on capital employed (RoCE) have shown substantial improvements.
How to withdraw from L&T Mutual Fund? To withdraw money from L&T Mutual Fund, one can visit the nearest L&T office and submit a form. Alternatively, they can visit the L&T Mutual Fund website and redeem the investment by logging in with the folio number.
The L&T Hybrid Equity Fund is best suited for investors who are looking to invest in money market and debt instruments and equity and equity related schemes in order to generate reasonable returns.
L&T Finance Holdings has a total shareholder equity of ₹222.8B and total debt of ₹766.2B, which brings its debt-to-equity ratio to 344%. Its total assets and total liabilities are ₹1,010.0B and ₹787.2B respectively.
Larsen & Toubro is an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services. It operates in over 50 countries worldwide.
Did Reliance own L&T?
In 2001, Reliance exited from L&T by selling its stake to K.M. Birla's Grasim industries, and for the first time, Dhirubhai lost a business battle.
L&T ranked 4th on LinkedIn's Top Companies India List. Larsen & Toubro was ranked fourth on LinkedIn's 2021 Top Companies List in India.
| Name | Equities | % |
|---|---|---|
| L&T Employee Welfare Foundation 13.70 % | 192,558,158 | 13.70 % |
| Life Insurance Corporation of India (Investment Portfolio) 10.96 % | 154,112,736 | 10.96 % |
| SBI Funds Management Ltd. 4.176 % | 58,708,081 | 4.176 % |
| GIC Pte Ltd. (Investment Management) 3.147 % | 44,235,069 | 3.147 % |
L&T's Construction's Headquarters at Manapakkam in Chennai is acknowledged as an 'Outstanding Corporate Green Campus'.
Whole-time Director & Chief Financial Officer
Mr. R. Shankar Raman is a qualified Chartered Accountant and a Cost Accountant.
