VR Logo
4 star

L&T Midcap Fund

Add to watchlist
Add to My Investments
Equity: Mid Cap

1 Lakh

Investment declined to
₹ 0.93 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.30 Lakh

Suitability:

When you invest for seven years or above, you can expect gains that comfortably beat the inflation rate and are also higher than 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. Therefore, you can expect higher returns in the long-term, but more severe ups and downs along the way.

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 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

Read more

ajax-loader
Please wait...

Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -9.40 0.46 0.03 5.56 27.02 -10.27 -8.77 -2.48 6.59 18.11 12.25
S&P BSE 150 MidCap TRI -7.40 0.63 0.18 7.72 32.44 -8.51 -5.85 -0.66 6.28 14.80 9.77
Equity: Mid Cap -8.21 0.54 0.44 5.98 27.42 -8.98 -7.32 -1.38 4.43 15.71 11.44
Rank within category 18 18 24 16 17 18 16 14 3 2 7
Number of funds in category 28 30 30 30 30 28 25 22 20 18 16

As on 03-Jul-2020

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
4 star
 Aug-04 -8.77 -2.48 6.59 1.97 5,326
DSP Midcap Fund - Regular Plan  | Invest Online
5 star
 Nov-06 -1.10 1.94 8.24 1.90 6,498
Kotak Emerging Equity Fund Regular Plan  | Invest Online
4 star
 Mar-07 -7.66 -0.40 6.55 1.93 5,871
Axis Midcap Fund  | Invest Online
5 star
 Feb-11 2.51 8.61 7.69 2.00 5,157
Invesco India Mid Cap Fund  | Invest Online
4 star
 Apr-07 -1.67 3.45 6.38 2.35 739

Best & Worst Performance

Best (Period) Worst (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 0.30 23.09 -0.22 -0.23 0.89 -2.35
S&P BSE 150 MidCap TRI 2.33 25.56 -0.12 -0.13 -- --
Equity: Mid Cap 1.39 23.29 -0.16 -0.17 0.89 -1.28
Rank within category 16 9 15 15 10 16
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 30-Jun-2020

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 80
Top 10 Stocks (%) 27.15
Top 5 Stocks (%) 15.88
Top 3 Sectors (%) 46.52
Portfolio P/B Ratio 3.04
Portfolio P/E Ratio 21.82

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 13,664 16,803
Giant (%) -- 8.13
Large (%) 12.24 6.96
Mid (%) 65.62 75.56
Small (%) 22.10 12.95
Tiny (%) 0.04 0.28

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Bayer CropScience Healthcare 68.53 4.24 0.98 4.24
equal Ipca Laboratories Healthcare 34.65 3.58 0.00 3.33
equal Abbott India Healthcare 56.13 3.19 0.00 3.04
equal Shree Cement Construction 53.77 2.75 1.46 2.75
up Tata Consumer Products FMCG 78.98 2.52 0.00 2.52
up Coromandel International Chemicals 20.63 2.31 0.63 2.31
equal Aarti Industries Chemicals 30.08 2.59 1.21 2.31
equal Berger Paints India Chemicals 74.33 3.25 1.22 2.27
up Mphasis Technology 13.97 2.32 0.97 2.22
equal Atul Chemicals 20.21 2.30 0.00 2.16
equal Multi Commodity Exchange India Financial 27.76 2.12 0.24 2.12
down The Ramco Cements Construction 25.00 3.02 1.55 2.01
equal Divi's Laboratories Healthcare 42.24 2.19 0.00 1.89
equal MRF Automobile 19.71 2.04 0.00 1.84
equal Johnson Controls - Hitachi Air Conditioning India Cons Durable 73.42 1.82 0.00 1.82
up Sundaram Finance Financial 19.77 2.13 0.88 1.80
equal Torrent Pharmaceuticals Healthcare 39.53 2.32 0.00 1.71
equal Syngene International Healthcare 42.44 1.64 0.00 1.64
up Pfizer Healthcare 37.05 1.81 0.00 1.62
equal Ratnamani Metals & Tubes Metals 16.14 2.01 0.73 1.62
down Manappuram Finance Financial 9.28 2.36 0.00 1.59
down Supreme Industries Chemicals 30.84 2.01 1.34 1.59
equal Godfrey Phillips India FMCG 13.27 1.68 0.00 1.56
equal Cummins India Engineering 16.13 2.36 0.00 1.55
up Page Industries Textiles 66.97 1.54 0.00 1.53

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-May-2020

Fund Manager

— Vihang Naik since 28-Jun-2016

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:

— Venugopal Manghat since 17-Dec-2019

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.

Interviews:

Funds Managed:

Invest Online
0.46%

Change from previous, NAV as on 03-Jul-2020

Growth: ₹ 120.4300

Dividend: ₹ 35.0000

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
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: 16.93%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 5,326 Cr (As on 31-May-2020)
Expense: 1.97% (As on 31-May-2020)
Risk Grade: Average
Return Grade: Above Average
Turnover: 27.75%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend23-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]

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

Last Session

VR Helpline

Winning and losing

dateSaturday, 04-Jul-2020
time04:00 PM - 05:00 PM

Registration Over