Is SIP in L&T Emerging business fund suitable

For long term SIPs, diversified equity funds are the best!

L&T Emerging business fund belongs to small cap fund category which is the most risky. Also, L&T Emerging business fund does not have any long term track record basis on which we can give you any suggestion. Launched in May 2014, the fund is yet to complete 3 years of performance. But, last one year return of over 50% from this fund has been remarkable and one of the highest in its category.

If your risk taking anility is highest, you can invest in this fund else invest in a suitable diversified equity fund.

Thanks for writing to Advisorkhoj!