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L&T Large and Midcap Fund

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Equity: Large & MidCap

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1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.06 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.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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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 7.47 0.45 1.25 7.65 10.85 29.47 8.46 1.74 8.30 13.36 10.37
S&P BSE Large Mid Cap TRI 8.38 3.16 1.12 11.56 17.70 36.17 9.03 7.70 11.45 13.12 9.79
Equity: Large & MidCap 9.21 1.01 1.85 11.62 13.80 35.00 9.43 3.92 9.96 15.11 10.95
Rank within category 16 28 27 29 27 27 13 18 15 12 10
Number of funds in category 27 29 29 29 28 28 26 21 20 18 18

As on 27-Nov-2020

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
3 star
 May-06 8.46 1.74 8.30 2.30 1,188
Mirae Asset Emerging Bluechip Fund - Regular Plan  | Invest Online
5 star
 Jul-10 16.22 9.27 16.22 1.77 11,929
Canara Robeco Emerging Equities Fund - Regular Plan  | Invest Online
5 star
 Mar-05 19.07 6.61 12.63 1.94 6,126
Kotak Equity Opportunities Fund - Regular Plan  | Invest Online
4 star
 Sep-04 12.64 7.01 11.94 1.98 3,885
Invesco India Growth Opportunities Fund  | Invest Online
4 star
 Aug-07 6.05 6.45 11.17 1.96 3,018

Best & Worst Performance

Best (Period) Worst (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 1.83 21.77 -0.14 -0.15 0.99 -4.21
S&P BSE Large Mid Cap TRI 5.90 21.06 0.04 0.05 -- --
Equity: Large & MidCap 2.98 22.15 -0.09 -0.09 1.01 -3.08
Rank within category 16 8 16 16 9 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 31-Oct-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 42
Top 10 Stocks (%) 42.43
Top 5 Stocks (%) 24.85
Top 3 Sectors (%) 47.05
Portfolio P/B Ratio 4.23
Portfolio P/E Ratio 29.27

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 79,854 66,221
Giant (%) 41.20 38.89
Large (%) 13.50 13.35
Mid (%) 44.87 44.11
Small (%) 0.26 5.31
Tiny (%) 0.17 0.39

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 HCL Technologies Technology 18.30 6.14 2.21 6.14
equal Reliance Industries Energy 31.99 5.44 0.00 5.03
equal HDFC Bank Financial 26.83 5.54 0.00 4.68
equal Tata Consultancy Services Technology 32.80 5.72 1.77 4.68
equal Mphasis Technology 20.12 4.32 1.12 4.32
equal Torrent Pharmaceuticals Healthcare 36.94 4.00 0.00 3.69
down Jubilant FoodWorks Services 240.54 4.89 0.00 3.64
equal Infosys Technology 26.25 3.54 0.00 3.54
equal Abbott India Healthcare 49.67 4.42 0.00 3.48
equal Pfizer Healthcare 46.90 3.48 0.00 3.23
down ICICI Bank Financial 23.43 7.91 0.00 2.89
equal Emami FMCG 60.20 2.78 1.55 2.78
equal AIA Engineering Metals 30.83 2.84 0.00 2.60
equal Amara Raja Batteries Engineering 28.60 2.43 0.00 2.43
down Atul Chemicals 31.08 3.44 0.00 2.39
equal JSW Steel Metals 57.48 2.36 0.00 2.36
equal Kotak Mahindra Bank Financial 41.59 4.77 0.00 2.35
equal ACC Construction 25.98 2.47 1.21 2.32
equal Bharti Airtel Communication -- 3.75 1.49 2.04
equal Larsen & Toubro Construction 13.78 5.22 1.92 1.99
equal Akzo Nobel India Chemicals 55.53 2.46 1.23 1.93
equal Varun Beverages FMCG 87.11 2.17 0.00 1.93
equal Bayer CropScience Healthcare 35.04 1.99 0.00 1.86
equal Honeywell Automation Engineering 61.16 2.10 0.00 1.84
equal Supreme Industries Chemicals 45.86 2.06 0.00 1.78

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-2020

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

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
0.45%

Change from previous, NAV as on 27-Nov-2020

Growth: ₹ 52.1840

Dividend: ₹ 24.7890

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
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: 12.04%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,188 Cr (As on 31-Oct-2020)
Expense: 2.30% (As on 31-Oct-2020)
Risk Grade: Average
Return Grade: Average
Turnover: 20.59%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend25-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
 25-Feb-20190.2125
 23-Jan-20190.2125
 24-Dec-20180.2125
 26-Nov-20180.2125

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

Last Session

VR Helpline

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dateSaturday, 28-Nov-2020
time04:00 PM - 04:30 PM

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