February 12L&T Mutual Fund launched L&T Emerging Opportunities Fund - Series 1. The fund has a tenure of 1,151 days from the date of allotment. "With the launch of L&T Emerging Opportunities Fund, we are providing investors with an opportunity to benefit from investing in the undervalued segment of the market while adding style diversification to their portfolios," says, Kailash Kulkarni , L&T Mutual Fund CEO (L&T Investment Management). "Although one may believe that some smallcap stocks are trading at expensive valuations, there are still a large number of stocks available at reasonable valuations. We believe emerging businesses built around a scalable opportunity with strong leadership, good governance and balance sheet strength can reward investors," Kulkarni added.The benchmark of L&T Emerging Opportunities Fund will be S&P BSE Small Cap Index.

Source: Economic Times January 30, 2018 05:15 UTC