Make the smarter move. Invest in the L&T Business Cycles Fund

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An L&T Financial Services Offering Invest in the L&T Business Cycles Fund. Win through all market cycles. The L&T Business Cycles Fund is a one-of-a-kind fund that will invest in companies that are well placed to make the most of the stock market. During growth times, the fund managers would largely invest in 'cyclical' stocks or businesses that grow with the economy. During sluggish times, the portfolio would strategically move into 'defensive' stocks such as healthcare, utility and staples, among others. The fund manager will employ our research-driven GEM investment process to handpick smarter investments. In short, the L&T Business Cycles Fund aims to offer you the best of both worlds - heady gains and steady growth. NFO Closes August 13, 2014 Click here to know more   An open-ended equity scheme. Stocks of sectors stated above may or may not form a part of the portfolio. This product is suitable for investors who are seeking* •  Long-term capital appreciation •  Investment predominantly in equity and equity-related securities, including equity derivatives in Indian markets with focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. High risk (BROWN) *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Note: Risk may be represented as: (BLUE) investors understand that their principal will be at low risk. (YELLOW) investors understand that their principal will be at medium risk. (BROWN) investors understand that their principal will be at high risk. Mutual Fund investments are subject to market risks, read all scheme related documents carefully. CL01152

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