L&T (Larsen & Toubro) Mutual Fund is one of the leading mutual fund schemes providers in India. L&T Mutual Fund is backed by L&T Finance, which was incorporated as Non Banking Finance Company in November 1994. L&T Mutual Fund is a part of the L&T Group, one of the largest and most respected groups of India. The investment managers of L&T Mutual Fund are L&T Investment Management Limited. L&T Mutual Fund, a trust set up under the provisions of Indian Trust Act, 1882, is registered with SEBI. With the acquisition of DBS Cholamandalam asset management and Fidelity Mutual Fund business in India, L&T Mutual Fund is on the way to becoming one of the major players in this domain.