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L&T Flexicap Fund

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Equity: Flexi Cap

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1 Lakh

Investment Grown to
₹ 1.18 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.42 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a multi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes multi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.

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 multi-cap 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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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cal

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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 4.70 -0.30 -0.94 -0.41 0.10 19.37 50.69 5.68 10.89 12.58 10.46
S&P BSE 500 TRI 5.15 -0.19 -1.10 -2.11 0.20 24.71 60.58 10.36 14.23 13.90 11.28
Equity: Flexi Cap 4.67 -0.09 -0.83 -1.85 0.12 23.07 51.15 8.97 12.82 14.08 11.58
Rank within category 29 49 26 10 26 43 29 30 28 21 17
Number of funds in category 56 58 58 58 57 55 52 37 35 29 24

As on 20-Apr-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
L&T Flexicap Fund  | Invest Online
3 star
 May-05 50.69 5.68 10.89 2.10 2,611
Kotak Flexicap Fund Regular Plan  | Invest Online
4 star
 Sep-09 50.94 10.09 14.03 1.63 34,744
UTI Flexi Cap Fund - Regular Plan  | Invest Online
5 star
 May-92 67.57 15.40 16.07 2.04 16,717
Axis Focused 25 Fund
4 star
 Jun-12 49.05 10.82 16.01 1.71 15,007
SBI Focused Equity Fund  | Invest Online
4 star
 Oct-04 45.70 10.74 14.58 1.90 14,253

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 17.17 27-Oct-2008 - 04-Nov-2008 -18.29 11-Mar-2020 - 18-Mar-2020
Month 29.93 11-May-2009 - 10-Jun-2009 -35.69 20-Feb-2020 - 23-Mar-2020
Quarter 71.83 09-Mar-2009 - 10-Jun-2009 -36.39 02-Sep-2008 - 02-Dec-2008
Year 113.49 09-Mar-2009 - 11-Mar-2010 -51.75 14-Jan-2008 - 13-Jan-2009

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 10.09 22.05 0.25 0.29 0.95 -4.33
S&P BSE 500 TRI 14.92 22.86 0.46 0.53 -- --
Equity: Flexi Cap 13.26 22.23 0.40 0.45 0.94 -1.05
Rank within category 32 20 32 32 21 32
Number of funds in category 38 38 38 38 38 38

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 51
Top 10 Stocks (%) 43.66
Top 5 Stocks (%) 26.54
Top 3 Sectors (%) 51.42
Portfolio P/B Ratio 2.75
Portfolio P/E Ratio 28.63

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,33,994 1,25,425
Giant (%) 58.74 52.40
Large (%) 17.04 16.62
Mid (%) 17.51 23.15
Small (%) 6.71 8.24
Tiny (%) -- 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
equal HDFC Bank Financial 24.08 7.66 3.32 6.44
equal ICICI Bank Financial 26.22 9.07 0.00 5.76
equal Tata Consultancy Services Technology 36.38 5.51 2.33 5.02
equal Reliance Industries Energy 30.43 6.09 0.00 4.89
equal HCL Technologies Technology 19.74 5.71 1.69 4.43
equal HDFC Financial 24.88 5.25 1.56 4.18
down Infosys Technology 29.74 5.00 0.00 4.03
equal The Ramco Cements Construction 32.09 3.12 2.31 3.12
equal Avenue Supermarts Services 188.08 3.21 0.00 2.92
equal Kotak Mahindra Bank Financial 36.17 4.81 1.92 2.87
equal JSW Steel Metals 38.03 2.54 0.00 2.54
equal Supreme Industries Chemicals 39.12 2.19 1.03 2.19
equal Larsen & Toubro Construction 16.28 6.50 2.14 2.16
equal Bharti Airtel Communication -- 4.63 1.45 2.15
equal Shree Cement Construction 52.27 2.62 0.00 2.12
equal Hindustan Unilever FMCG 76.77 4.26 1.78 2.09
equal Muthoot Finance Financial 12.68 2.97 0.00 2.07
equal State Bank of India Financial 12.68 3.55 0.00 1.90
equal Dishman Carbogen Amcis Healthcare 54.73 4.27 0.00 1.90
equal Tata Motors Automobile -- 1.98 0.00 1.84
equal Tube Investments Of India Automobile 105.15 1.74 0.57 1.74
equal Tata Steel Metals -- 1.93 0.00 1.74
equal Emami FMCG 58.66 1.57 0.00 1.57
equal AIA Engineering Metals 30.47 1.58 0.93 1.52
equal Dr. Reddy's Lab Healthcare 39.40 1.93 0.00 1.51

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:

— Venugopal Manghat since 17-Dec-2019

Invest Online
-0.30%

Change from previous, NAV as on 20-Apr-2021

Growth: ₹ 99.0560

IDCW: ₹ 30.9550

Investment Strategy

The scheme aims to follow bottom up stock picking, without any bias for sectors or market capitalizations. The scheme will attempt to be fully invested in equities at all times, however, upto 20 per cent of its assets can be invested in cash and cash equivalents.

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: 16-May-2005
Return Since Launch: 15.47%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 2,611 Cr (As on 31-Mar-2021)
Expense: 2.10% (As on 31-Mar-2021)
Risk Grade: Average
Return Grade: Below Average
Turnover: 18.86%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW24-Feb-20212.5000

 24-Jan-20202.2135
 24-Jan-20192.2135
 19-Jan-20182.5000
 12-Jan-20172.2500
 22-Jan-20162.0000
 29-Dec-20142.0000
 25-Mar-20131.0000
 01-Dec-20111.0000
 17-Jan-20111.5000
 02-Mar-20101.0000
 13-Mar-20082.5000
 30-Apr-20072.5000
 22-Mar-20062.0000

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

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