L&T MUTUAL FUND
L&T is an Indian Multinational Conglomerate, which has promoted L&T Mutual Fund. Like most other MFs, the fund house has offers that include diverse options, including the likes of equity schemes, debt schemes and balanced funds. L&T Mutual Fund is one of India’s top Asset Management Companies. It was established in 1997 and is owned by L&T Finance Holdings Ltd., which is a publicly-listed NBFC. It acquired Fidelity Investment’s India business in 2012.
- The fund house has over Rs. 66,000 crores in assets under management (as on July 31, 2019)
- Headed by Kailash Kulkarni, who has over 25 years experience in financial services
- Has close to 26 funds across equity, debt and hybrid categories