L&T Mutual Fund
L&T Mutual Fund is an India-based mutual fund company founded in 2010 and headquartered in Mumbai, serving Indian investors with mutual fund products. Following its 2023 acquisition by HSBC, the entity now operates under HSBC Global Asset Management's Indian subsidiary.
- Company typePrivate
- Founded2010
- HeadquartersMumbai, India
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
L&T Mutual Fund firmographics
Firmographics- Name
- L&T Mutual Fund
- Website
- https://lntmf.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Acquired
- Headcount range
- 501–1,000 employees
- Short description
- L&T Mutual Fund is an India-based mutual fund company founded in 2010 and headquartered in Mumbai, serving Indian investors with mutual fund products. Following its 2023 acquisition by HSBC, the entity now operates under HSBC Global Asset Management's Indian subsidiary.
- Ownership category
- akta.pro rank
L&T Mutual Fund industry classification
Industry- Product category
- Mutual Fund Management
- NAICS
- Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Equity Mutual Funds (Active) (FSAAAEAA)
- akta.pro secondary industry
- Fixed Income Mutual Funds (FSAAAEAB)
Keywords
Where L&T Mutual Fund is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Markets served
L&T Mutual Fund business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
L&T Mutual Fund product offering
Product offeringCore offering
L&T Mutual Fund is an Indian mutual fund company that provides investment management services and pooled investment products to investors in India. It offers a range of mutual fund schemes across asset classes for individual and institutional investors, generating revenue primarily through management fees on assets under management. Following its 2023 acquisition by HSBC, the business now operates as part of HSBC Global Asset Management's Indian operations.
Differentiator
Problem solved
Functional benefit
Products and services
- Mutual Fund Investment Products
- Investment Advisory Services
Companies that use L&T Mutual Fund
Customer profileIdeal customer profiles2 records
L&T Mutual Fund technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
L&T Mutual Fund partnerships and signals
Strategic signalScale indicators1 record
L&T Mutual Fund competitors and assessment
Company assessmentDirect peers
- DSP Mutual Fund: Mid-sized Indian AMC with a focus on active equity and hybrid strategies, historically known for its investment culture. Comparable to L&T MF in scale, active-management positioning, and target HNI/retail segments.
- HDFC Mutual Fund: India's largest mutual fund house by AUM, offering equity, debt, hybrid, and solution-oriented schemes to retail and institutional investors. Directly comparable to L&T Mutual Fund in product mix, distribution model, and target segments within the Indian AMC market.
- SBI Mutual Fund: India's largest bank-sponsored AMC with extensive branch-based distribution and a broad product portfolio. Closely comparable to L&T MF in target customer base (mass-affluent and institutional) and product breadth across active mutual fund categories.
- ICICI Prudential Mutual Fund: One of India's leading AMCs with a comprehensive suite of mutual fund products across equity, debt, and hybrid categories. Directly comparable as a bank-affiliated, full-service Indian AMC competing for the same investor segments as L&T MF.
- Kotak Mahindra Mutual Fund: Bank-affiliated Indian AMC offering a full range of mutual fund products with growing AUM. Comparable to L&T MF in product breadth, target segments, and bank-distribution dynamics.
- Nippon India Mutual Fund: Large Indian AMC with a diversified product suite and strong retail SIP franchise. Comparable to L&T MF as a mid-to-large full-service AMC targeting similar retail and HNI segments in India.
- Aditya Birla Sun Life Mutual Fund: Top-five Indian AMC offering equity, debt, and hybrid schemes with strong institutional and retail presence. Direct peer in scale, product range, and distribution intensity within the Indian mutual fund industry.
- UTI Mutual Fund: Established Indian AMC with a broad retail and institutional footprint and diversified product lineup. Comparable as a full-service Indian mutual fund house competing for the same investor base as L&T MF.
- Axis Mutual Fund: Mid-to-large Indian AMC with an active management focus across equity and debt categories. Comparable to L&T MF in scale tier, active-management orientation, and target customer segments.
Broad incumbents
- HSBC Global Asset Management (India): Global asset manager that acquired L&T MF in 2023 and now operates the Indian business. While the parent entity, it is also a broader incumbent offering global investment capabilities to Indian investors and serves as a natural reference for L&T MF's forward positioning.
Market position
Customer concentration
L&T Mutual Fund social profiles
Digital presenceL&T Mutual Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
L&T Mutual Fund leadership team
Management profileNumber of profiles
Profiles1 record
L&T Mutual Fund funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
L&T Mutual Fund M&A and investment
M&A and investmentM&A
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about L&T Mutual Fund
What does L&T Mutual Fund do?
L&T Mutual Fund is an Indian mutual fund company that provides investment management services and pooled investment products to investors in India. It offers a range of mutual fund schemes across asset classes for individual and institutional investors, generating revenue primarily through management fees on assets under management. Following its 2023 acquisition by HSBC, the business now operates as part of HSBC Global Asset Management's Indian operations.
Is L&T Mutual Fund a public or private company?
L&T Mutual Fund is a private company. It is classified as corporate owned and is currently acquired.
When was L&T Mutual Fund founded?
L&T Mutual Fund was founded in 2010. It employs 501 to 1,000 people.
Where is L&T Mutual Fund based?
L&T Mutual Fund is headquartered in Mumbai, India, in the Asia region.
Who are L&T Mutual Fund's main competitors?
Direct peers on record are DSP Mutual Fund, HDFC Mutual Fund, SBI Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mahindra Mutual Fund, Nippon India Mutual Fund, Aditya Birla Sun Life Mutual Fund, UTI Mutual Fund and Axis Mutual Fund. HSBC Global Asset Management (India) is listed as a broad incumbent.
Does L&T Mutual Fund have an API?
No public API is recorded for L&T Mutual Fund.
What industry is L&T Mutual Fund in?
L&T Mutual Fund's product category is Mutual Fund Management. Its primary akta.pro industry code is FSAAAEAA, Equity Mutual Funds (Active), with a secondary code of FSAAAEAB, Fixed Income Mutual Funds. Its NAICS code is 523940 and its SIC code is 6282.