VR Logo

2 star

L&T Large and Midcap Fund


1 Lakh

Investment Grown to
₹ 1.14 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.46 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 fund invests in a combination of large- and medium-sized companies, providing reasonable degree of flexibility to the fund management team to invest in companies of different sizes, depending on where it expects maximum gains. We believe this flexibility is good for fund investors, but we suggest you also consider multi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.

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 large & mid-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.

Read more

ajax-loader
Please wait...

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 4.37 0.52 -1.28 0.54 1.32 19.18 52.56 4.57 11.53 13.23 11.84
S&P BSE Large Mid Cap TRI 9.58 0.43 -1.72 -1.80 5.71 27.19 65.08 11.73 14.67 13.96 11.49
Equity: Large & MidCap 8.45 0.67 -2.09 -1.97 4.29 29.01 61.93 8.86 13.63 15.57 12.94
Rank within category 27 19 1 2 28 29 26 22 16 12 11
Number of funds in category 29 29 29 29 29 29 28 22 20 18 18

As on 16-Apr-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
L&T Large and Midcap Fund  | Invest Online
2 star
May-06 52.56 4.57 11.53 2.28 1,279
Mirae Asset Emerging Bluechip Fund - Regular Plan  | Invest Online
5 star
Jul-10 71.68 16.08 20.53 1.74 16,190
Canara Robeco Emerging Equities Fund - Regular Plan  | Invest Online
5 star
Mar-05 62.79 10.62 16.96 1.80 8,179
Kotak Equity Opportunities Fund - Regular Plan  | Invest Online
4 star
Sep-04 61.53 12.07 15.34 1.94 5,518
Invesco India Growth Opportunities Fund  | Invest Online
4 star
Aug-07 51.08 8.53 14.09 1.91 3,651

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 23.33 14-May-2009 - 21-May-2009 -18.77 11-Mar-2020 - 18-Mar-2020
Month 41.86 28-Apr-2009 - 28-May-2009 -36.10 20-Feb-2020 - 23-Mar-2020
Quarter 102.45 09-Mar-2009 - 10-Jun-2009 -41.10 02-Sep-2008 - 02-Dec-2008
Year 142.69 09-Mar-2009 - 11-Mar-2010 -56.64 14-Jan-2008 - 13-Jan-2009

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.67 22.27 0.19 0.20 0.95 -6.24
S&P BSE Large Mid Cap TRI 15.16 22.11 0.48 0.55 -- --
Equity: Large & MidCap 13.08 23.52 0.37 0.41 1.01 -2.49
Rank within category 23 5 23 23 5 23
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 31-Mar-2021

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 43
Top 10 Stocks (%) 39.25
Top 5 Stocks (%) 22.39
Top 3 Sectors (%) 45.80
Portfolio P/B Ratio 4.86
Portfolio P/E Ratio 33.42

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 93,933 77,408
Giant (%) 43.44 37.29
Large (%) 14.14 14.50
Mid (%) 41.91 43.47
Small (%) -- 5.43
Tiny (%) 0.51 0.41

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 Tata Consultancy Services Technology 36.95 5.72 3.38 5.19
equal HDFC Bank Financial 25.67 5.54 0.00 4.97
equal Mphasis Technology 25.50 4.61 1.72 4.61
equal Reliance Industries Energy 30.95 5.44 0.00 4.05
equal HCL Technologies Technology 20.79 6.32 2.21 3.57
equal Emami FMCG 61.89 3.57 1.55 3.47
equal Jubilant FoodWorks Services 233.42 4.89 0.00 3.46
equal Torrent Pharmaceuticals Healthcare 35.68 4.00 1.42 3.40
equal JSW Steel Metals 37.94 3.32 0.00 3.32
equal Infosys Technology 29.78 3.84 0.00 3.21
equal AIA Engineering Metals 31.27 2.91 1.84 2.91
equal Honeywell Automation Engineering 81.65 2.86 0.00 2.86
equal ICICI Bank Financial 26.57 7.91 0.00 2.83
equal HDFC Financial 26.52 2.82 0.00 2.73
equal Pfizer Healthcare 47.75 3.48 0.00 2.72
equal Atul Chemicals 36.99 3.44 0.00 2.61
equal Ultratech Cement Construction 28.27 2.58 0.00 2.58
equal ACC Construction 24.71 2.49 1.21 2.49
equal Kotak Mahindra Bank Financial 37.60 4.77 0.00 2.47
equal Abbott India Healthcare 48.98 4.42 0.00 2.28
equal Larsen & Toubro Construction 16.63 5.22 1.92 2.26
equal Bharti Airtel Communication -- 3.75 1.49 2.26
equal Varun Beverages FMCG 86.81 2.44 0.00 2.18
equal Supreme Industries Chemicals 39.11 2.12 1.36 2.10
equal Akzo Nobel India Chemicals 55.08 2.46 1.23 2.08

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:


0.52%

Change from previous, NAV as on 16-Apr-2021

Growth: ₹ 58.1180

IDCW: ₹ 26.9610


Investment Strategy

The scheme aims to invest in undervalued companies for long term investment with key theme focus being 'Special Situations' - these are situations that are out-of-the-ordinary and which therefore present interesting stock picking opportunities.

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: 22-May-2006
Return Since Launch: 12.53%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,279 Cr (As on 31-Mar-2021)
Expense: 2.28% (As on 31-Mar-2021)
Risk Grade: Average
Return Grade: Below Average
Turnover: 15.14%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW23-Mar-20210.1600

 23-Feb-20210.1600
 22-Jan-20210.1600
 23-Dec-20200.1500
 25-Nov-20200.1500
 23-Oct-20200.1400
 23-Sep-20200.1400
 24-Aug-20200.1300
 23-Jul-20200.1300
 23-Jun-20200.1300
 26-May-20200.1300
 23-Apr-20200.1300
 23-Mar-20200.1505
 24-Feb-20200.1505
 23-Jan-20200.1505
 23-Dec-20190.1505
 22-Nov-20190.1505
 23-Oct-20190.1505
 23-Sep-20190.1505
 23-Aug-20190.1594
 23-Jul-20190.1682
 24-Jun-20190.1682
 23-May-20190.1682
 23-Apr-20190.1948
 25-Mar-20190.2125

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

Upcoming Video

Investors' Hangout

How to optimise returns with measured risk

DateFriday, 23-Apr-2021
Time12:30 PM - 01:00 PM