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1 star

L&T Large and Midcap Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.56 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.11 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 flexi-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 25.04 -0.51 -1.58 -0.33 4.30 14.48 33.31 15.88 14.62 11.46 --
S&P BSE Large Mid Cap TRI 30.12 -0.14 -2.22 -3.00 3.22 11.78 35.79 17.91 17.09 12.33 --
Equity: Large & MidCap 34.88 -0.47 -2.07 -2.59 4.60 15.74 43.56 20.44 17.23 13.83 --
Rank within category 28 17 4 2 17 16 28 23 19 15 --
Number of funds in category 28 28 28 28 28 28 28 23 20 19 0

As on 29-Nov-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
1 star
Jan-13 33.31 15.88 14.62 1.31% 1,467
Mirae Asset Emerging Bluechip Fund - Direct Plan  | Invest Online
5 star
Jan-13 44.75 25.68 22.43 0.68% 21,635
Canara Robeco Emerging Equities Fund - Direct Plan  | Invest Online
5 star
Jan-13 41.26 23.33 20.76 0.63% 11,774
Kotak Equity Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 34.04 20.70 17.47 0.62% 8,206
DSP Equity Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 37.63 19.62 16.63 0.93% 6,969

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 18.00 20.37 0.69 0.67 0.91 -2.23
S&P BSE Large Mid Cap TRI 21.33 21.26 0.82 0.92 -- --
Equity: Large & MidCap 23.21 22.02 0.89 0.92 0.98 1.60
Rank within category 23 4 23 23 4 22
Number of funds in category 23 23 23 23 23 23

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

As on 31-Oct-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 69
Top 10 Stocks (%) 28.81
Top 5 Stocks (%) 16.13
Top 3 Sectors (%) 44.73
Portfolio P/B Ratio 5.28
Portfolio P/E Ratio 36.08

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 70,785 94,692
Giant (%) 33.26 39.88
Large (%) 19.89 16.89
Mid (%) 43.54 40.86
Small (%) 3.32 4.31
Tiny (%) -- 0.38

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 Infosys Technology 34.16 4.55 2.34 3.92
down ICICI Bank Financial 23.49 7.91 2.56 3.71
down Mphasis Technology 42.50 6.11 2.39 2.88
equal Bajaj Finance Financial 83.70 2.90 0.00 2.83
equal Persistent Systems Technology 53.62 2.79 0.00 2.79
new The Indian Hotels Company Services -- 2.65 0.00 2.65
equal Ultratech Cement Construction 33.47 3.15 0.00 2.55
up Voltas Consumer Durable 66.00 2.54 0.00 2.54
equal Tata Steel Metals 4.37 2.79 0.00 2.51
equal Coforge Technology 60.71 2.59 0.00 2.43
up SRF Diversified 41.28 2.14 0.00 2.14
equal Varun Beverages FMCG 57.99 2.44 0.00 2.12
equal Minda Industries Automobile 69.32 2.11 0.00 2.11
equal Gland Pharma Healthcare 53.63 2.02 0.00 2.02
down Honeywell Automation Engineering 80.02 2.86 0.00 2.01
up Max Healthcare Institute Healthcare 80.63 1.99 0.00 1.99
equal Clean Science And Technology Chemicals 107.62 1.97 0.00 1.97
down Sona BLW Precision Forgings Automobile 201.87 2.55 0.00 1.96
equal Bajaj Finserv Financial 63.63 1.91 0.00 1.91
down Polycab India Engineering 40.58 2.48 0.00 1.76
up Wipro Technology 28.52 1.74 0.00 1.74
equal Zee Entertainment Services 27.33 1.70 0.00 1.70
equal Hindalco Inds. Metals 9.43 1.68 0.00 1.60
equal Wabco India Automobile 100.85 1.58 0.00 1.58
equal Oil & Natural Gas Corporation Energy 5.03 1.52 0.00 1.52

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

— Cheenu Gupta since 02-Jul-2021

Education: Ms. Gupta is CFA Charter holder (USA), PGDBM (Finance) & B.E. (I.T)

Experience: Prior to joining L&T Mutual Fund, she has worked with Canara Robeco Mutual Fund, Tata AIA Life Insurance Company as Fund Manager, ING Investment Management as Senior Research Analyst and UTI AMC Ltd. as Research Analyst.

Funds Managed:

— 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:


-0.51%

Change from previous, NAV as on 29-Nov-2021

Growth: ₹ 73.9770

IDCW: ₹ 35.0940


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: 14.75%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,467 Cr (As on 31-Oct-2021)
Expense: 1.31% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Low
Turnover: 117.03%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW23-Nov-20210.2000

 22-Oct-20210.1900
 23-Sep-20210.1900
 23-Aug-20210.1900
 23-Jul-20210.1900
 23-Jun-20210.1900
 24-May-20210.1900
 23-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

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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