When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than 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, thereby providing some degree of flexibility to the fund management team to invest in companies of different sizes, depending upon where it expects maximum gains. We believe this flexibility is good for fund investors but we suggest one should also consider multi cap funds which offer complete freedom to fund managers to choose companies of different sizes.
Like 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 and mid cap fund, if you need to redeem your investment in less than five years.
Taxability of earnings:
|S&P BSE Large Mid Cap TRI||-24.81||-0.74||-1.17||-1.69||-24.87||-23.35||-21.39||-1.34||2.70||7.71||--|
|Equity: Large & MidCap||-22.17||-0.54||-1.08||-1.34||-25.22||-20.78||-17.27||-2.47||3.33||11.06||--|
|Rank within category||5||6||10||2||5||4||9||13||13||12||--|
|Number of funds in category||26||27||27||27||27||25||24||20||20||18||0|
As on 22-May-2020
|Best (Period)||Worst (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||26.65 (11-Mar-2014 - 10-Jun-2014)||-33.00 (23-Dec-2019 - 23-Mar-2020)|
|Year||70.32 (13-Feb-2014 - 13-Feb-2015)||-29.19 (22-Mar-2019 - 23-Mar-2020)|
|S&P BSE Large Mid Cap TRI||3.81||20.66||-0.08||-0.09||--||--|
|Equity: Large & MidCap||2.05||21.58||-0.16||-0.16||1.00||-1.86|
|Rank within category||14||10||13||15||11||13|
|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-2020
|Number of Stocks||46|
|Top 10 Stocks (%)||39.91|
|Top 5 Stocks (%)||21.68|
|Top 3 Sectors (%)||49.54|
|Portfolio P/B Ratio||3.51|
|Portfolio P/E Ratio||22.14|
|Average Mkt Cap (Rs Cr)||65,183||58,751|
|Company||Sector||P/E||3Y High||3Y Low||% Assets|
|Tata Consultancy Services||Technology||23.43||5.72||1.77||3.88|
|Kotak Mahindra Bank||Financial||25.84||4.77||0.00||2.80|
|City Union Bank||Financial||12.59||3.54||0.00||2.72|
|Larsen & Toubro||Construction||11.72||5.22||2.63||2.63|
|Akzo Nobel India||Chemicals||32.28||2.46||0.00||2.05|
|Amara Raja Batteries||Engineering||15.75||2.14||0.00||1.99|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Apr-2020
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.
Education: Mr. Manghat is a B.Sc (Mathematics) and MBA (Finance).
Experience: Prior to joining L&T Mutual Fund he has worked with Tata Asset Management Ltd.
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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.
|Minimum Investment (₹)||5,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||6|
|Minimum Withdrawal (₹)||500|
|Minimum Balance (₹)||500|
|Exit Load||For units in excess of 10% of the investment,1% will be charged for redemption within 365 days|
|Fund House:||L&T Mutual Fund|
|Return Since Launch:||9.05%|
|Benchmark:||NIFTY Large Midcap 250 TRI|
|Assets:||₹ 1,084 Cr (As on 30-Apr-2020)|
|Expense:||1.42% (As on 30-Apr-2020)|
|Risk Grade:||Above Average|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: L&T Investment Management Ltd
Address: Brindavan Plot No. 177, CST Road Kalina, Santacruz (East) Mumbai - 400098
Phone: 022-66554000 / 1800-2000-400
Email: [email protected]
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
Email: [email protected]