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L&T Mutual Fund

L&T Mutual Fund is the 12th largest mutual fund house by asset size in India. The fund house manages assets worth (AUM) INR 72, 873.58 crore AUM as of March 31, 2021. As of January 31, 2021, their AUM was INR 68,476.08, which had gone up by  INR 5919.09 Cr from its INR 63057.2 Cr in September 2020.


L&T Mutual Fund is a wholly-owned subsidiary of L&T Finance Holdings Limited, a renowned listed company registered with RBI as an NBFC.


Its stress has been on delivering superior long-term risk-adjusted performance. L&T Mutual Fund follows a disciplined approach to investment and risk management known as GEM: Generation of new ideas for both equity and fixed-income funds, Evaluation of companies based on various filters & parameters and, monitoring of portfolios, and choosing those that have the most potential. L&T Mutual Fund holds over 2, 534,445 live folios and 42 Investor Service Centres ( April 16, 2021).


L&T Mutual Fund offers a wide variety of schemes to investors. It offers Equity Funds, Fixed Income Funds, Hybrid Funds, FMPs & Closed-Ended Funds, and Smart SIP combos. Some well-known equity schemes from its stable are L&T Midcap Fund, L&T Emerging Businesses Fund, etc. L&T Mutual Fund also offers some good debt funds.

List of L&T Mutual Fund in India

Fund Category Risk 1Y Returns Ratings Fund size ( in Cr)

Key Infotmation


L&T Finance Holdings Limited


L&T Mutual Fund Trustee Limited

Investment Manager

L&T Investment Management Limited

Incorporation Date

January 27, 1997

Setup Date

February 3, 1997

How to invest in L&T Mutual Funds with EduFund?


  1. Download the EduFund App and set up a FREE investment account.
  2. After setting up the App, click on Invest on your Dashboard.
  3. By clicking, you can start exploring the top mutual funds on the App.
  4. Get the trending mutual funds, risk-wise buckets, and class-wise buckets for your kid’s future, or search for any fund.
  5. Choose any fund, press Add to Cart, and place a SIP or Lumpsum order for your child’s education goals.
  6. That’s how easy it is to invest in mutual funds with EduFund!
Top Fund Managers

Mr. Soumendra Nath Lahiri

Chief Investment Officer - Equities

Mr. Venugopal Manghat

Head of Equity - Fund Manager

Mr. Jalpan Shah

Senior Vice President and Head - Fixed Income

Mr. Shriram Ramanathan

Fund Manager - Fixed Income

Mr. Yogesh Patil

Fund Manager - Equity

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