L&T Mutual Fund

L&T Mutual Fund was the mutual fund business of L&T Finance Holdings, a subsidiary of the Indian multinational conglomerate Larsen & Toubro. Established as a key player in the Indian asset management industry, it provided a diverse portfolio of investment products, including equity, debt, and hybrid funds. The company aimed to provide investors with long-term wealth creation opportunities through disciplined investment strategies. In a significant industry consolidation, HSBC Asset Management (India) Private Ltd completed the acquisition of L&T Investment Management Limited on November 25, 2022. Following the acquisition, all schemes of L&T Mutual Fund were transferred to and rebranded as HSBC Mutual Fund.