L&T Mutual Fund is removing the temporary restriction for transactions of more than Rs. 2 lakhs per day per investor in L&T Emerging Businesses Fund with effect from September 3 2018, it said in a press statement.
In November last year, the fund house had suspended transactions in the scheme including new switch-ins, systematic investment, and transfer plans amounting to over Rs 200,000 per instalment.
L&T emerging Businesses Fund is a 5 star rated Small Cap fund launched 4 years ago.
Fund Managers – Karan Desai & Soumendra Nath Lahiri