MF Gyan
otherHigh risk8 years oldAccelerating recently (last 6m ≈ 55% p.a.)

L&T Emerging Opportunities Fund-Series II-Direct Plan-IDCW

A specialised fund. Check the scheme details for what it invests in. From L&T Mutual Fund. It's been running since 29 Jun 2018.

Latest price per unit
₹18.153
▲ 0.02% today
As of 12 Jul 2021 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.73 L
▲ ₹73.0k gain · 73.0% / year
Invested 3 years ago
₹1.81 L
▲ ₹80.9k gain · 21.9% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹3.02 L
Gain / loss+₹1.22 L
XIRR (annualised)38.12%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹3.38 L
Projected gain*+₹1.58 L
*at this fund's historical rate of 38.12% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 260 other funds in Growth

Same plan
1-year return
73.04%median 11.33% (+61.71%)
Rank #6 of 261Beats 98% of peers
3-year return
21.85%median 8.79% (+13.06%)
Rank #34 of 261Beats 83% of peers
Bumpiness (3Y)
19.38%median 18.29% (+1.08%)
Rank #165 of 261Less risky than 37% of peers
Worst-ever drop
-38.06%median -35.12% (-2.94%)
Rank #88 of 261Less risky than 67% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 3 of last 4 years were positive.

-2%
2018
+3%
2019
+38%
2020
+27%
2021
Best year
2020 · 37.95%
Worst year
2018 · -1.86%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
19.4%

The value swings roughly 19% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-38.06%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of L&T Emerging Opportunities Fund-Series II-Direct Plan-IDCW against other other funds.

Technical details (for the pros)
CAGR — 1 year73.04%
CAGR — 3 years21.85%
CAGR — 5 years—
CAGR — since launch21.65%
Volatility — 1 year (annualised)15.96%
Volatility — 3 years (annualised)19.38%
Max drawdown — 1 year-7.15%
Max drawdown — 3 years-38.06%
Sharpe ratio — 1 year (rf=6%)3.13
Sharpe ratio — 3 years (rf=6%)0.74

Fund info

Fund house
L&T Mutual Fund
Category
Growth
Plan
Direct
Option
IDCW
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
143814
First price on record
29 Jun 2018 · 746 daily prices

About L&T Emerging Opportunities Fund-Series II-Direct Plan-IDCW

L&T Emerging Opportunities Fund-Series II-Direct Plan-IDCW is a Growth offered by L&T Mutual Fund under the Direct plan with the IDCW option. It has approximately 8 years of NAV track record. The fund falls in the other category — A specialised fund. Check the scheme details for what it invests in.

The current NAV of L&T Emerging Opportunities Fund-Series II-Direct Plan-IDCW is ₹18.1530 (as of 12 Jul 2021). Historically, it has delivered 73.50% over the last year, 21.85% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 19.4% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 38.1%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of L&T Emerging Opportunities Fund-Series II-Direct Plan-IDCW?+

The latest NAV of L&T Emerging Opportunities Fund-Series II-Direct Plan-IDCW is ₹18.1530 as of 12 Jul 2021, up 0.02% from the previous day. NAV is updated once a business day after the market close.

What are the returns of L&T Emerging Opportunities Fund-Series II-Direct Plan-IDCW?+

L&T Emerging Opportunities Fund-Series II-Direct Plan-IDCW has delivered 1-year return 73.50%, 3-year CAGR 21.85%, since-inception CAGR 21.65%. Returns are historical and don't predict future performance — markets move in cycles.

What category does L&T Emerging Opportunities Fund-Series II-Direct Plan-IDCW belong to?+

L&T Emerging Opportunities Fund-Series II-Direct Plan-IDCW is categorised as Growth. A specialised fund. Check the scheme details for what it invests in.

How risky is L&T Emerging Opportunities Fund-Series II-Direct Plan-IDCW?+

Based on its 3-year annualised volatility of 19.4%, L&T Emerging Opportunities Fund-Series II-Direct Plan-IDCW sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is L&T Emerging Opportunities Fund-Series II-Direct Plan-IDCW a direct plan?+

L&T Emerging Opportunities Fund-Series II-Direct Plan-IDCW is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is L&T Emerging Opportunities Fund-Series II-Direct Plan-IDCW?+

L&T Emerging Opportunities Fund-Series II-Direct Plan-IDCW has NAV history available from 29 Jun 2018 — approximately 8 years of track record and 746 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.