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2 star

L&T Large and Midcap Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.20 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.53 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 fund invests in a combination of large- and medium-sized companies, providing reasonable degree of flexibility to the fund management team to invest in companies of different sizes, depending on where it expects maximum gains. We believe this flexibility is good for fund investors, but we suggest you also consider multi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.

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

Warning: Do not invest in this, or any other large & mid-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 5.38 -0.31 -0.79 1.64 1.25 15.47 49.84 6.15 12.47 13.18 --
S&P BSE Large Mid Cap TRI 10.76 -0.43 -0.74 1.98 1.87 18.13 64.68 11.64 14.94 13.09 --
Equity: Large & MidCap 11.00 -0.78 -0.77 2.87 1.48 22.91 65.49 10.84 14.99 15.91 --
Rank within category 26 2 13 20 14 27 27 21 17 14 --
Number of funds in category 28 28 28 28 28 28 27 21 20 18 0

As on 14-May-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
L&T Large and Midcap Fund - Direct Plan  | Invest Online
2 star
Jan-13 49.84 6.15 12.47 1.35 1,281
Mirae Asset Emerging Bluechip Fund - Direct Plan  | Invest Online
5 star
Jan-13 76.68 18.17 21.66 0.64 16,602
Canara Robeco Emerging Equities Fund - Direct Plan  | Invest Online
4 star
Jan-13 63.64 12.54 18.04 0.72 8,381
Kotak Equity Opportunities Fund - Direct Plan  | Invest Online
5 star
Jan-13 61.43 13.66 16.67 0.74 5,781
Invesco India Growth Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 52.50 10.26 15.70 0.55 3,653

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 9.59 01-Apr-2020 - 09-Apr-2020 -18.76 11-Mar-2020 - 18-Mar-2020
Month 19.09 23-Mar-2020 - 22-Apr-2020 -36.06 20-Feb-2020 - 23-Mar-2020
Quarter 30.02 23-Mar-2020 - 22-Jun-2020 -33.00 23-Dec-2019 - 23-Mar-2020
Year 78.49 23-Mar-2020 - 23-Mar-2021 -29.19 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.03 21.84 0.12 0.13 0.94 -5.80
S&P BSE Large Mid Cap TRI 13.06 21.91 0.40 0.46 -- --
Equity: Large & MidCap 12.50 23.24 0.35 0.39 1.01 -0.93
Rank within category 22 5 22 22 3 22
Number of funds in category 22 22 22 22 22 22

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

As on 30-Apr-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 43
Top 10 Stocks (%) 40.02
Top 5 Stocks (%) 23.31
Top 3 Sectors (%) 44.85
Portfolio P/B Ratio 4.84
Portfolio P/E Ratio 33.00

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 92,730 78,564
Giant (%) 43.62 37.01
Large (%) 10.30 16.03
Mid (%) 45.46 42.68
Small (%) -- 4.90
Tiny (%) 0.61 0.56

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
equal JSW Steel Metals 43.33 5.08 0.00 5.08
equal Tata Consultancy Services Technology 34.80 5.72 3.45 4.95
equal HDFC Bank Financial 24.03 5.54 0.00 4.69
equal Mphasis Technology 27.51 4.61 2.39 4.57
equal Reliance Industries Energy 26.66 5.44 0.00 4.02
equal Emami FMCG 57.02 3.57 1.55 3.50
equal Jubilant FoodWorks Services 232.24 4.89 0.00 3.43
equal Torrent Pharmaceuticals Healthcare 37.09 4.00 1.43 3.34
equal HCL Technologies Technology 22.16 6.32 2.21 3.26
equal Infosys Technology 29.00 3.84 0.00 3.18
equal Pfizer Healthcare 48.29 3.48 0.00 3.17
equal Atul Chemicals 37.00 3.44 0.00 2.98
equal ICICI Bank Financial 22.48 7.91 0.00 2.92
equal AIA Engineering Metals 30.83 2.91 1.87 2.64
equal HDFC Financial 23.31 2.82 0.00 2.64
equal Honeywell Automation Engineering 79.63 2.86 0.00 2.59
equal Kotak Mahindra Bank Financial 33.88 4.77 0.00 2.46
equal ACC Construction 21.11 2.49 1.21 2.46
equal Ultratech Cement Construction 33.65 2.58 0.00 2.40
equal Bharti Airtel Communication -- 3.75 1.49 2.34
equal Abbott India Healthcare 52.69 4.42 1.37 2.30
equal Larsen & Toubro Construction 17.17 5.22 1.92 2.13
equal Supreme Industries Chemicals 27.56 2.12 1.36 2.10
equal Varun Beverages FMCG 69.83 2.44 0.00 2.07
equal Akzo Nobel India Chemicals 53.02 2.46 1.23 2.03

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 30-Apr-2021

Fund Manager

— Vihang Naik since 17-Dec-2019

Education: Mr. Naik is a CFA and TYBMS.

Experience: Prior to joining L&T Mutual Fund he was associated with L&T Investment Management Limited (Jul 2012-Jun 2016) as an Analyst and with MF Global Sify securities (Mar 2010-Jul 2012, Motilal Oswal Securities (May 2008-Mar 2010), SBICAP Securities (Oct 2006-Apr 2008) as Research Analyst.

Funds Managed:


-0.31%

Change from previous, NAV as on 14-May-2021

Growth: ₹ 62.3450

IDCW: ₹ 30.7560


Investment Strategy

The scheme aims to invest in undervalued companies for long term investment with key theme focus being 'Special Situations' - these are situations that are out-of-the-ordinary and which therefore present interesting stock picking opportunities.

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: 13.44%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,281 Cr (As on 30-Apr-2021)
Expense: 1.35% (As on 30-Apr-2021)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 13.25%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW23-Apr-20210.1900

 23-Mar-20210.1800
 23-Feb-20210.1800
 22-Jan-20210.1800
 23-Dec-20200.1700
 25-Nov-20200.1700
 23-Oct-20200.1600
 23-Sep-20200.1600
 24-Aug-20200.1500
 23-Jul-20200.1500
 23-Jun-20200.1500
 26-May-20200.1500
 23-Apr-20200.1500
 24-Feb-20200.1682
 23-Jan-20200.1682
 23-Dec-20190.1682
 22-Nov-20190.1682
 23-Oct-20190.1682
 23-Sep-20190.1682
 23-Aug-20190.1771
 23-Jul-20190.1859
 24-Jun-20190.1859
 23-May-20190.1859
 23-Apr-20190.2125
 25-Mar-20190.1771

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

Last Session

Investors' Hangout

With the resurgence of COVID-19, what should investors do?

DateFriday, 07-May-2021
Time12:30 PM - 01:00 PM

Registration Over