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1 star

L&T Large and Midcap Fund


1 Lakh

Investment Grown to
₹ 1.51 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.28 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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(₹)
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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 27.11 -0.60 0.02 8.10 12.74 24.84 52.88 14.62 13.22 12.38 15.65
S&P BSE Large Mid Cap TRI 35.01 -0.08 1.20 7.91 12.97 23.91 69.14 18.95 16.19 14.10 15.67
Equity: Large & MidCap 36.25 -0.43 0.55 7.51 13.46 26.80 71.54 19.14 15.04 14.64 16.91
Rank within category 29 25 24 9 15 23 29 22 18 16 13
Number of funds in category 29 29 29 29 29 29 29 22 21 19 18

As on 24-Sep-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
1 star
May-06 52.88 14.62 13.22 2.24 1,455
Mirae Asset Emerging Bluechip Fund - Regular Plan  | Invest Online
5 star
Jul-10 77.34 26.04 20.99 1.69 20,615
Canara Robeco Emerging Equities Fund - Regular Plan  | Invest Online
5 star
Mar-05 71.57 22.13 18.21 1.88 10,985
Kotak Equity Opportunities Fund - Regular Plan  | Invest Online
4 star
Sep-04 63.33 20.60 15.68 1.88 7,827
DSP Equity Opportunities Fund  | Invest Online
4 star
May-00 74.61 20.38 15.57 1.89 6,956

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 12.12 21.54 0.38 0.38 0.92 -3.55
S&P BSE Large Mid Cap TRI 16.11 22.18 0.54 0.62 -- --
Equity: Large & MidCap 16.58 23.29 0.54 0.58 1.00 -0.06
Rank within category 23 4 23 23 3 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-Aug-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 54
Top 10 Stocks (%) 37.21
Top 5 Stocks (%) 22.48
Top 3 Sectors (%) 50.37
Portfolio P/B Ratio 4.68
Portfolio P/E Ratio 32.98

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 77,288 90,006
Giant (%) 35.62 37.08
Large (%) 17.38 17.21
Mid (%) 41.11 41.34
Small (%) 5.89 5.03
Tiny (%) -- 0.46

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
up State Bank of India Financial 15.73 5.86 0.00 5.86
equal Infosys Technology 36.51 4.55 2.34 4.55
equal ICICI Bank Financial 25.04 7.91 2.56 4.49
down Mphasis Technology 48.90 6.11 2.39 3.98
equal HDFC Bank Financial 27.01 5.54 1.55 3.60
equal Jubilant FoodWorks Services 144.90 4.89 0.00 3.48
up HDFC Financial 25.45 3.20 0.00 3.20
up Tata Steel Metals 7.36 2.79 0.00 2.79
new Bajaj Finance Financial 105.49 2.63 0.00 2.63
down Ultratech Cement Construction 34.50 3.15 0.00 2.63
equal Polycab India Engineering 42.89 2.48 0.00 2.48
equal UTI Asset Management Co. Financial 25.41 2.43 0.00 2.43
up Coforge Technology 68.48 2.38 0.00 2.38
equal Sona BLW Precision Forgings Automobile 151.39 2.33 0.00 2.33
equal Persistent Systems Technology 56.01 2.14 0.00 2.14
equal Honeywell Automation Engineering 86.26 2.86 0.00 2.10
down Atul Chemicals 40.01 3.44 0.00 2.09
equal Schaeffler India Engineering 43.41 1.97 0.00 1.97
equal Gland Pharma Healthcare 63.38 2.01 0.00 1.94
equal Varun Beverages FMCG 70.42 2.44 0.00 1.89
equal JK Cement Construction 28.58 1.84 0.00 1.80
equal Tata Consultancy Services Technology 41.59 5.72 1.54 1.78
up JB Chemicals & Pharma Healthcare 31.71 1.77 0.00 1.77
new Sun Pharmaceutical Industries Healthcare 30.76 2.40 0.00 1.73
equal Minda Industries Automobile 60.98 1.81 0.00 1.68

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-Aug-2021

Fund Manager

— Cheenu Gupta since 02-Jul-2021

Education: Ms. Gupta is CFA Charter holder (USA), PGDBM (Finance) & B.E. (I.T)

Experience: Prior to joining L&T Mutual Fund, she has worked with Canara Robeco Mutual Fund, Tata AIA Life Insurance Company as Fund Manager, ING Investment Management as Senior Research Analyst and UTI AMC Ltd. as Research Analyst.

Funds Managed:

— Vihang Naik since 17-Dec-2019

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:


-0.60%

Change from previous, NAV as on 24-Sep-2021

Growth: ₹ 70.7750

IDCW: ₹ 31.7120


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: 13.59%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,455 Cr (As on 31-Aug-2021)
Expense: 2.24% (As on 31-Aug-2021)
Risk Grade: Average
Return Grade: Low
Turnover: 79.29%

Most Recent Dividends

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

 23-Aug-20210.1600
 23-Jul-20210.1700
 23-Jun-20210.1700
 24-May-20210.1700
 23-Apr-20210.1700
 23-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

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

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DateThursday, 30-Sep-2021
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