L&T Mutual Fund
L&T Mutual Fund is a mutual fund company in India. It caters to the investment needs of investors through various mutual fund schemes. The company claims to have sound investment management practices and a knowledgeable fund management team.[2]
| Type | Public |
|---|---|
| Industry | Mutual fund |
| Founded | 2010 |
| Headquarters | Mumbai, Maharashtra, India |
| AUM | INR 70944.93 Crores (Avg. AUM as on March 2019) |
| Total assets | ₹89,000 crore (US$12 billion) (2010)[1] |
| Parent | L&T Finance Holdings Limited |
| Website | www |
The Asset Management Company (AMC) for all L&T Mutual Fund schemes is L&T Investment Management Limited. The sponsor for the AMC is L&T Finance Holdings Limited (LTFH) which is a listed company and registered with RBI as an NBFC.
L&T Group Companies
- L&T Financial Services
- L&T Realty
- Information Technology
- L&T Technology Services
- Engineering and Construction
- Machinery and Industrial Products
L&T is publicly traded in India, listed on the BSE and NSE stock exchanges.
Major Competitors
The major competitors for L & T Mutual Fund in the mutual fund sector are UTI Mutual Fund (Unit Trust of India), Birla Sun Life Mutual Fund, HDFC Mutual Fund, SBI Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mutual Fund, Franklin Templeton Mutual Fund & Reliance Mutual Fund.
See also
References
- "Q&A: Sanjay Sinha, CEO, L&T Mutual Fund". business-standard.com. 7 September 2010. Retrieved 22 August 2011.
- "We are positive on IT & Infrastructure". The Hindu. 12 October 2010. Retrieved 15 October 2010.