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2 star

L&T Midcap Fund download report


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.72 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.81 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
L&T Midcap-G 0.38 0.04 1.33 6.60 9.06 4.79 3.19 19.87 9.36 12.24 18.45
S&P BSE 150 MidCap TRI 2.68 0.59 3.35 11.42 11.91 6.77 11.31 29.16 15.01 15.21 18.84
Equity: Mid Cap 1.94 0.36 2.76 10.30 11.70 6.42 10.66 26.20 13.17 12.94 18.75
Rank within category 25 35 37 37 35 29 29 24 20 15 12
Number of funds in category 33 37 37 37 37 34 31 25 21 20 18

As on 17-Aug-2022

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 3.19 19.87 9.36 1.88 6,534
Kotak Emerging Equity Fund Regular Plan  | Invest Online
4 star
Mar-07 13.01 28.41 15.77 1.72 20,619
Axis Midcap Fund
5 star
Feb-11 7.23 25.25 18.08 1.75 18,677
Nippon India Growth Fund  | Invest Online
4 star
Oct-95 12.59 26.99 15.15 1.87 12,450
Mirae Asset Midcap Fund - Regular Plan  | Invest Online
4 star
Jul-19 10.75 29.53 -- 1.85 8,115

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
L&T Midcap-G 19.77 22.49 0.72 0.72 0.88 -4.70
S&P BSE 150 MidCap TRI 27.26 25.02 0.95 1.02 -- --
Equity: Mid Cap 24.98 23.82 0.90 0.95 0.93 -0.53
Rank within category 24 7 22 23 8 22
Number of funds in category 25 25 25 25 25 25

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

As on 31-Jul-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 78
Top 10 Stocks (%) 29.10
Top 5 Stocks (%) 16.85
Top 3 Sectors (%) 37.57
Portfolio P/B Ratio 3.63
Portfolio P/E Ratio 23.24

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 25,441 31,369
Giant (%) -- 5.12
Large (%) 9.61 12.64
Mid (%) 82.47 77.86
Small (%) 7.92 6.30
Tiny (%) -- 2.08

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 Blue Dart Express Services 43.55 4.46 0.53 4.46
equal Emami Consumer Staples 24.67 5.30 1.45 3.63
equal Bayer CropScience Chemicals 34.38 4.38 1.54 3.12
equal Ipca Laboratories Healthcare 32.57 4.15 0.00 2.87
down Ratnamani Metals & Tubes Metals & Mining 33.57 3.40 1.21 2.77
equal Cummins India Capital Goods 39.09 3.31 1.06 2.64
equal Abbott India Healthcare 49.96 3.19 1.81 2.47
equal CRISIL Services 44.29 2.85 0.44 2.43
equal Bosch Automobile 40.19 2.51 0.00 2.38
equal Sundaram Finance Financial 20.72 3.18 1.66 2.33
equal Timken India Capital Goods 57.99 2.32 0.35 2.32
equal Mphasis Technology 30.43 6.30 1.09 2.25
equal Coromandel International Chemicals 18.34 2.65 1.19 2.18
equal Cholamandalam Investment & Finance Company Financial 26.97 2.84 1.27 2.15
equal The Indian Hotels Company Services 195.91 2.55 0.44 2.15
equal The Ramco Cements Materials 22.36 2.92 1.87 1.99
equal 3M India Diversified 79.99 2.68 0.00 1.97
equal Thermax Capital Goods 80.69 1.93 0.88 1.75
equal Trent Services 142.61 1.63 0.28 1.63
equal Voltas Consumer Discretionary 70.39 2.00 1.08 1.54
equal Balkrishna Industries Automobile 30.25 1.49 0.00 1.48
equal Schaeffler India Capital Goods 58.17 1.43 0.00 1.43
equal Indian Bank Financial 5.42 1.44 0.00 1.43
equal Page Industries Textiles 76.19 2.54 0.78 1.41
equal Alkem Laboratories Healthcare 26.84 1.56 0.00 1.37

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-Jul-2022

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:


0.04%

Change from previous, NAV as on 17-Aug-2022

Growth: ₹ 207.1300

IDCW: ₹ 54.2900


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

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: 09-Aug-2004
Return Since Launch: 18.30%
Benchmark: S&P BSE 150 MidCap TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 6,534 Cr (As on 31-Jul-2022)
Expense Ratio: 1.88% (As on 31-Jul-2022)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 22.79%

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

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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