Name of the Fund: L&T Special Situations (G)
Ranked #2 by CRISIL
Category: Diversified – Equity
Expense Ratio: 2.62%
Risk Level: Medium
Benchmark: S&P BSE 200
Objective: To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities including equity derivatives.
L&T special situations fund has made its inception in the year 2006. Since launch, it has delivered a return of 12% annualized. It has also consistently beaten its benchmark as well as category average.
Top holdings of the fund include HCL, Reliance, Infosys, TCS and Hero MotoCorp. Consistency is one factor which makes this fund a winner. If you looking to invest in slightly higher risk funds, this can be one of them.