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2 star

L&T Midcap Fund


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.56 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.21 Lakh

Suitability:

"When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.

This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.

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 mid-cap fund, if you need to redeem your investment in less than seven 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 29.70 -0.23 0.81 -3.18 -0.39 9.81 34.55 15.92 15.54 14.24 19.63
S&P BSE 150 MidCap TRI 48.34 -0.13 1.37 -1.86 4.21 15.26 52.54 24.42 19.95 17.07 19.46
Equity: Mid Cap 43.24 -0.18 1.35 -2.19 3.16 16.15 49.17 22.76 17.58 14.54 19.74
Rank within category 29 24 32 27 31 30 29 24 17 12 12
Number of funds in category 30 34 34 34 33 33 30 24 21 20 18

As on 03-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
L&T Midcap Fund  | Invest Online
2 star
Aug-04 34.55 15.92 15.54 1.87% 6,909
Kotak Emerging Equity Fund Regular Plan  | Invest Online
4 star
Mar-07 50.72 25.68 19.43 1.77% 16,485
Axis Midcap Fund
5 star
Feb-11 44.86 26.31 23.17 1.81% 15,988
Nippon India Growth Fund  | Invest Online
4 star
Oct-95 51.31 24.34 19.14 1.87% 11,919
PGIM India Midcap Opportunities Fund - Regular Plan  | Invest Online
5 star
Dec-13 65.28 34.27 22.34 2.20% 3,388

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 25.56 13-May-2009 - 20-May-2009 -22.41 15-Jan-2008 - 22-Jan-2008
Month 44.64 11-May-2009 - 10-Jun-2009 -35.69 20-Feb-2020 - 23-Mar-2020
Quarter 104.84 09-Mar-2009 - 10-Jun-2009 -45.92 02-Sep-2008 - 02-Dec-2008
Year 174.61 09-Mar-2009 - 09-Mar-2010 -63.34 14-Jan-2008 - 13-Jan-2009

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 17.22 22.72 0.59 0.60 0.89 -5.41
S&P BSE 150 MidCap TRI 24.90 25.07 0.84 0.89 -- --
Equity: Mid Cap 23.12 23.31 0.84 0.88 0.90 0.26
Rank within category 24 8 23 23 9 23
Number of funds in category 24 24 24 24 24 24

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

As on 30-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 60
Top 10 Stocks (%) 32.97
Top 5 Stocks (%) 19.36
Top 3 Sectors (%) 42.55
Portfolio P/B Ratio 4.02
Portfolio P/E Ratio 25.66

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 25,606 29,713
Giant (%) -- 5.01
Large (%) 17.03 14.39
Mid (%) 74.78 75.05
Small (%) 8.19 6.86
Tiny (%) 0.00 0.20

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
down Mphasis Technology 43.70 6.30 1.09 5.34
equal Emami FMCG 43.61 5.30 1.45 4.74
equal Godrej Properties Construction -- 3.32 0.51 3.29
equal Blue Dart Express Services 50.76 3.09 0.53 3.03
down Bayer CropScience Chemicals 49.49 4.38 1.07 2.96
equal Ipca Laboratories Healthcare 26.15 4.15 0.00 2.91
equal Ratnamani Metals & Tubes Metals 32.76 2.96 0.75 2.80
equal The Ramco Cements Construction 20.11 3.02 1.95 2.73
equal Sundaram Finance Financial 22.24 3.18 1.45 2.61
equal Abbott India Healthcare 55.93 3.19 1.74 2.56
equal The Indian Hotels Company Services -- 2.55 0.44 2.55
equal Cummins India Engineering 29.13 2.80 1.06 2.53
equal Supreme Industries Chemicals 25.66 2.84 1.59 2.26
down Birlasoft Technology 32.62 3.05 0.00 2.24
equal Cholamandalam Investment & Finance Company Financial 29.16 2.73 1.27 2.24
equal Max Financial Services Financial 111.89 2.58 0.00 2.15
equal Manappuram Finance Financial 8.28 2.36 0.34 2.10
equal Coromandel International Chemicals 16.32 2.65 0.63 2.09
equal 3M India Diversified 129.83 2.68 0.00 2.08
equal CRISIL Services 53.87 2.06 0.14 2.06
equal Bosch Automobile 37.39 1.94 0.00 1.94
equal Oberoi Realty Construction 33.62 1.97 0.54 1.90
equal Voltas Consumer Durable 69.60 1.83 0.00 1.74
down Multi Commodity Exchange Of India Services 45.20 2.50 0.24 1.73
equal ICICI Securities Financial 19.77 2.00 0.91 1.64

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

— Vihang Naik since 28-Jun-2016

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:


-0.23%

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 205.2500

IDCW: ₹ 53.8000


Investment Strategy

To generate capital appreciation by investing primarily in midcap stocks. The Scheme will invest primarily in companies whose market capitalization falls between the highest and the lowest constituent of the Nifty Free Float Midcap 100 Index.

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: 09-Aug-2004
Return Since Launch: 19.05%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 6,909 Cr (As on 31-Oct-2021)
Expense: 1.87% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Below Average
Turnover: 12.77%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW26-Aug-20213.5000

 26-Aug-20201.5000
 23-Aug-20192.8776
 17-Aug-20183.5416
 10-Aug-20174.0000
 18-Aug-20163.5000
 19-Aug-20153.0000
 27-Aug-20142.5000
 08-Aug-20121.0000
 08-Aug-20112.5000
 27-Mar-20062.5000
 19-Sep-20052.0000
 14-Mar-20051.0000
 24-Jan-20051.0000
 24-Nov-20041.0000

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]n

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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