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3 star

L&T Infrastructure Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.42 Lakh

Suitability:

This is a fund that invests mainly in shares of companies engaged in infrastructure-related activities or are expected to benefit from them.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other infrastructure 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 15.70 0.73 -2.93 -2.04 9.64 42.76 61.06 1.48 12.88 15.42 --
S&P BSE India Infrastructure TRI 18.49 0.38 -4.22 -6.15 11.40 62.98 78.20 -0.26 9.55 8.34 --
Equity: Sectoral-Infrastructure 16.18 0.72 -2.72 -2.12 10.39 44.97 70.32 4.49 11.86 14.06 --
Rank within category 12 9 14 6 11 12 15 17 7 7 --
Number of funds in category 20 20 20 20 20 20 20 20 20 18 0

As on 16-Apr-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
L&T Infrastructure Fund - Direct Plan  | Invest Online
3 star
Jan-13 61.06 1.48 12.88 1.26 1,230
Franklin Build India Fund - Direct Plan  | Invest Online Now
4 star
Jan-13 64.84 7.79 12.91 1.30 954
Tata Infrastructure Fund - Direct Plan  | Invest Online
4 star
Jan-13 70.67 7.42 12.17 1.83 601
SBI Infrastructure Fund - Direct Plan  | Invest Online
4 star
Jan-13 60.29 6.66 11.80 1.98 566
ICICI Prudential Infrastructure Fund - Direct Plan  | Invest Now
3 star
Jan-13 68.92 5.32 11.35 1.98 1,374

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 14.51 12-May-2014 - 19-May-2014 -19.73 16-Mar-2020 - 23-Mar-2020
Month 32.78 07-May-2014 - 06-Jun-2014 -38.86 20-Feb-2020 - 23-Mar-2020
Quarter 54.53 21-Feb-2014 - 23-May-2014 -36.42 24-Dec-2019 - 24-Mar-2020
Year 102.91 03-Sep-2013 - 03-Sep-2014 -38.08 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.65 26.25 0.08 0.09 0.80 0.71
S&P BSE India Infrastructure TRI 6.30 30.40 0.06 0.09 -- --
Equity: Sectoral-Infrastructure 10.01 27.68 0.21 0.25 0.85 3.98
Rank within category 18 8 18 18 8 18
Number of funds in category 20 20 20 20 20 20

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

As on 31-Mar-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 43
Top 10 Stocks (%) 51.67
Top 5 Stocks (%) 33.70
Top 3 Sectors (%) 79.07
Portfolio P/B Ratio 2.91
Portfolio P/E Ratio 27.99

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 36,164 42,219
Giant (%) 26.42 29.58
Large (%) 13.80 15.88
Mid (%) 36.30 29.12
Small (%) 23.43 26.92
Tiny (%) 0.05 1.61

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 Larsen & Toubro Construction 16.63 10.31 7.04 10.27
equal The Ramco Cements Construction 33.67 8.20 4.35 7.36
down Bharti Airtel Communication -- 9.97 3.36 6.16
equal Reliance Industries Energy 30.95 7.69 0.00 5.39
equal Ultratech Cement Construction 28.27 4.52 0.00 4.52
down Honeywell Automation Engineering 81.65 4.41 0.00 4.12
equal Grasim Industries Construction 21.98 5.67 1.75 3.87
equal Polycab India Engineering 25.67 3.80 0.00 3.80
equal Grindwell Norton Metals 50.22 3.18 1.22 3.18
up Bharat Electronics Engineering 17.55 4.07 1.67 3.00
up Tata Power Energy 27.30 2.95 0.00 2.95
equal ABB India Ltd. Engineering 132.21 2.99 0.00 2.81
down Godrej Properties Construction 362.51 3.13 0.69 2.70
down Cummins India Engineering 36.95 2.50 0.77 2.39
equal Shree Cement Construction 54.94 5.67 0.00 2.21
equal Birla Corporation Construction 12.79 2.09 0.73 2.09
equal ISGEC Heavy Engineering Engineering 19.19 2.01 0.89 2.01
equal Carborundum Universal Metals 32.78 3.58 0.97 1.99
equal Voltas Cons Durable 71.14 2.07 0.00 1.88
equal Finolex Cables Engineering 15.71 2.64 0.00 1.85
down Brigade Enterprises Construction -- 2.05 0.50 1.79
up Tata Steel Metals -- 4.10 0.00 1.78
equal Techno Electric & Engineering Engineering 19.02 2.19 0.00 1.74
equal HG Infra Engineering Construction 9.64 1.72 0.76 1.72
equal Kennametal India Engineering 79.17 1.75 0.00 1.71

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-Mar-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:


0.73%

Change from previous, NAV as on 16-Apr-2021

Growth: ₹ 19.2300

IDCW: ₹ 19.2300


Investment Strategy

The scheme endeavours to generate capital appreciation by investing primarily in companies that are engaged in the area of infrastructure. The fund would select fundamentally sound companies, having potential to deliver superior earning growth in long run.

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: 13.48%
Benchmark: NIFTY Infrastructure TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,230 Cr (As on 31-Mar-2021)
Expense: 1.26% (As on 31-Mar-2021)
Risk Grade: Average
Return Grade: Average
Turnover: 12.86%

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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