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2 star

L&T Flexicap Fund - Direct Plan


Equity: Flexi Cap

1 Lakh

Investment Grown to
₹ 1.55 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.00 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Warning: Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 25.58 -1.65 0.02 -4.24 0.32 8.44 30.95 15.77 14.31 10.83 --
S&P BSE 500 TRI 28.27 -1.60 -0.29 -4.97 -1.24 9.59 34.46 19.56 17.37 12.66 --
Equity: Flexi Cap 29.74 -1.59 -0.33 -4.22 -0.41 12.08 35.64 19.99 17.04 12.98 --
Rank within category 41 38 13 29 15 50 41 37 28 28 --
Number of funds in category 55 64 63 63 63 59 55 42 35 31 1

As on 06-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
L&T Flexicap Fund - Direct Plan  | Invest Online
2 star
Jan-13 30.95 15.77 14.31 1.31% 3,013
UTI Flexi Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 39.80 26.23 21.18 1.02% 24,212
SBI Focused Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 47.74 26.66 21.46 0.69% 21,677
Axis Focused 25 Fund - Direct Plan
4 star
Jan-13 30.76 22.28 21.23 0.59% 20,404
Parag Parikh Flexi Cap Fund - Direct Plan  | Invest Online
5 star
May-13 45.82 29.97 23.32 0.83% 17,220

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.55 01-Apr-2020 - 09-Apr-2020 -18.28 11-Mar-2020 - 18-Mar-2020
Month 20.06 24-Mar-2020 - 23-Apr-2020 -35.66 20-Feb-2020 - 23-Mar-2020
Quarter 33.93 24-Mar-2020 - 23-Jun-2020 -34.89 23-Dec-2019 - 23-Mar-2020
Year 84.56 23-Mar-2020 - 23-Mar-2021 -32.05 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 16.30 21.30 0.59 0.63 0.96 -2.84
S&P BSE 500 TRI 19.76 21.92 0.73 0.84 -- --
Equity: Flexi Cap 20.06 21.00 0.78 0.85 0.93 1.46
Rank within category 38 26 39 37 31 39
Number of funds in category 43 43 43 43 43 43

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 56
Top 10 Stocks (%) 42.94
Top 5 Stocks (%) 24.75
Top 3 Sectors (%) 52.47
Portfolio P/B Ratio 2.89
Portfolio P/E Ratio 22.36

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,29,063 1,51,972
Giant (%) 58.24 52.99
Large (%) 9.92 17.99
Mid (%) 20.31 22.49
Small (%) 11.52 6.95
Tiny (%) -- 0.08

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down ICICI Bank Financial 23.22 9.07 1.93 5.75
equal Reliance Industries Energy 30.58 6.09 3.15 5.37
equal HDFC Bank Financial 24.37 7.66 3.32 4.94
equal HDFC Financial 23.99 4.83 1.56 4.43
equal Infosys Technology 34.10 5.00 2.03 4.26
down Tata Consultancy Services Technology 35.74 5.51 2.33 4.20
equal Avenue Supermarts Services 216.70 4.10 0.00 4.10
equal Kotak Mahindra Bank Financial 37.46 4.81 2.06 3.93
equal Dishman Carbogen Amcis Healthcare -- 4.27 0.00 3.08
equal The Ramco Cements Construction 20.00 3.13 2.31 2.88
equal Tata Motors Automobile -- 2.56 0.00 2.56
equal Bharti Airtel Communication 135.36 4.63 1.90 2.47
equal HCL Technologies Technology 26.74 5.71 1.69 2.40
equal Larsen & Toubro Construction 28.60 6.50 2.02 2.33
equal State Bank of India Financial 14.49 3.55 1.07 2.27
equal Mphasis Technology 42.91 2.19 0.71 2.19
equal Muthoot Finance Financial 14.70 2.97 0.00 2.18
up Emami FMCG 42.71 1.92 0.00 1.88
equal Sanofi India Healthcare 18.36 2.22 0.00 1.87
equal Hindustan Unilever FMCG 64.54 4.26 1.78 1.78
equal Tube Investments Of India Automobile 58.36 1.79 0.57 1.77
up Ashoka Buildcon Construction 6.96 1.76 0.43 1.76
equal Supreme Industries Chemicals 25.59 2.27 1.05 1.53
equal Pfizer Healthcare 37.76 2.81 0.00 1.52
equal Cholamandalam Investment & Finance Company Financial 28.58 1.91 1.05 1.44

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Vihang Naik since 17-Dec-2019

Education: Mr. Naik is a CFA & BMS.

Experience: Prior to joining L&T Mutual Fund, he was associated with MF Global, Motilal Oswal Securities and SBICAP Securities.

Funds Managed:


-1.65%

Change from previous, NAV as on 06-Dec-2021

Growth: ₹ 125.5360

IDCW: ₹ 42.7890


Investment Strategy

The scheme aims to follow bottom up stock picking, without any bias for sectors or market capitalizations. The scheme will attempt to be fully invested in equities at all times, however, upto 20 per cent of its assets can be invested in cash and cash equivalents.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Lock-in Period Not Applicable
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: L&T Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 14.22%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 3,013 Cr (As on 31-Oct-2021)
Expense: 1.31% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Below Average
Turnover: 21.85%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW24-Feb-20212.8500

 24-Jan-20202.5234
 24-Jan-20192.2135
 19-Jan-20182.5000
 12-Jan-20172.2500
 22-Jan-20162.0000
 29-Dec-20142.0000

Contact Information

AMC: L&T Investment Management Ltd

Address: Brindavan Plot No. 177, CST Road Kalina, Santacruz (East) Mumbai - 400098

Phone: 022-66554000 / 1800-2000-400

Fax: 022-66554002

Email: [email protected]

Website: http://www.lntmf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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