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2 star

L&T Infrastructure Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.73 Lakh

₹ 10000

Monthly SIP Grown to
₹ 6.02 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 flexi-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 6.06 0.80 4.15 5.65 5.53 21.94 56.85 19.96 16.63 15.12 --
S&P BSE India Infrastructure TRI 8.95 0.40 5.29 6.92 2.70 21.88 53.26 18.86 11.10 9.97 --
Equity: Sectoral-Infrastructure 5.82 0.53 3.51 4.81 3.81 18.56 52.73 22.90 16.27 13.16 --
Rank within category 6 4 4 3 8 4 6 16 7 4 --
Number of funds in category 20 20 20 20 20 20 20 20 20 19 0

As on 14-Jan-2022

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
2 star
Jan-13 56.85 19.96 16.63 0.96% 1,383
Franklin Build India Fund - Direct Plan  | Invest Online Now
4 star
Jan-13 45.66 21.54 17.58 1.29% 1,122
SBI Infrastructure Fund - Direct Plan  | Invest Online
4 star
Jan-13 48.29 24.22 16.44 1.93% 772
Kotak Infrastructure and Economic Reform Fund - Standard Plan - Direct Plan  | Invest Online
4 star
Jan-13 58.27 23.54 16.54 1.21% 493
Invesco India Infrastructure Fund - Direct Plan  | Invest Online
5 star
Jan-13 57.04 29.37 21.28 1.44% 417

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 19.06 25.58 0.60 0.62 0.81 4.00
S&P BSE India Infrastructure TRI 17.76 29.38 0.48 0.69 -- --
Equity: Sectoral-Infrastructure 21.89 26.42 0.70 0.81 0.83 6.48
Rank within category 16 8 15 19 9 15
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-Dec-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 47
Top 10 Stocks (%) 47.06
Top 5 Stocks (%) 30.12
Top 3 Sectors (%) 79.87
Portfolio P/B Ratio 3.53
Portfolio P/E Ratio 26.19

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 36,904 51,932
Giant (%) 23.65 31.91
Large (%) 19.01 14.93
Mid (%) 35.52 29.82
Small (%) 21.82 24.32
Tiny (%) -- 1.24

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 32.82 10.54 7.14 10.07
down The Ramco Cements Construction 21.44 8.20 4.67 5.66
equal Grindwell Norton Metals 76.37 5.51 1.51 5.51
up Reliance Industries Energy 32.85 7.69 0.00 4.60
equal Ultratech Cement Construction 34.66 4.87 0.00 4.28
equal ABB India Ltd. Engineering 123.72 3.81 0.00 3.81
equal Bharat Electronics Engineering 23.34 4.30 2.00 3.49
equal Carborundum Universal Metals 52.52 3.58 0.97 3.44
equal Bharti Airtel Communication 139.95 9.97 2.13 3.22
up Grasim Industries Construction 19.99 5.67 1.75 2.98
down Polycab India Engineering 49.31 4.89 0.00 2.93
equal Birla Corporation Construction 19.77 3.18 0.86 2.78
down Honeywell Automation Engineering 91.54 4.41 0.00 2.77
equal HG Infra Engineering Construction 11.31 3.60 0.76 2.73
equal Kennametal India Engineering 47.64 2.67 0.00 2.67
equal Tata Power Company Energy 53.68 4.21 0.00 2.51
equal Brigade Enterprises Construction -- 2.65 0.65 2.49
equal Godrej Properties Construction -- 3.17 0.90 2.30
up VRL Logistics Services 35.61 2.26 0.00 2.26
equal Century Textiles & Industries Diversified 122.72 3.15 0.83 2.07
equal Finolex Cables Engineering 14.82 2.64 1.47 2.04
down ISGEC Heavy Engineering Engineering 32.77 2.81 0.97 1.95
equal RHI Magnesita India Construction 42.32 4.17 1.45 1.85
equal Voltas Consumer Durable 72.95 2.07 0.00 1.75
equal PNC Infratech Construction 13.49 2.19 0.00 1.65

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-Dec-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:


0.80%

Change from previous, NAV as on 14-Jan-2022

Growth: ₹ 27.8400

IDCW: ₹ 27.8400


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

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 6
Min. Withdrawal (₹) 500
Min. 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: 16.99%
Benchmark: NIFTY Infrastructure TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,383 Cr (As on 31-Dec-2021)
Expense: 0.96% (As on 31-Dec-2021)
Risk Grade: Average
Return Grade: Below Average
Turnover: 13.69%

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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