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L&T Large and Midcap Fund download report


1 Lakh

Investment Grown to
₹ 1.63 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.75 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 flexi-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
L&T Large and Midcap-G -1.58 0.16 2.92 12.11 12.16 4.83 7.10 17.70 9.13 9.79 14.12
S&P BSE Large Mid Cap TRI 5.17 0.70 2.70 11.98 11.59 5.81 11.11 20.24 13.74 13.02 14.98
Equity: Large & MidCap 1.10 0.46 2.60 10.41 11.23 4.21 8.28 21.13 11.89 12.11 16.04
Rank within category 22 27 4 2 6 14 18 23 18 18 13
Number of funds in category 29 30 30 30 30 29 28 24 20 19 17

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 Large and Midcap Fund  | Invest Online
1 star
May-06 7.10 17.70 9.13 2.24 1,494
Mirae Asset Emerging Bluechip Fund - Regular Plan  | Invest Online
5 star
Jul-10 5.44 24.03 16.04 1.74 22,741
Canara Robeco Emerging Equities Fund - Regular Plan  | Invest Online
4 star
Mar-05 6.98 24.03 13.75 1.83 14,231
Kotak Equity Opportunities Fund - Regular Plan  | Invest Online
4 star
Sep-04 8.89 21.24 12.76 1.81 10,286
Axis Growth Opportunities Fund - Regular Plan
5 star
Oct-18 8.07 24.86 -- 1.98 8,050

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
L&T Large and Midcap-G 16.70 21.43 0.62 0.63 0.92 -1.85
S&P BSE Large Mid Cap TRI 19.24 21.92 0.72 0.83 -- --
Equity: Large & MidCap 20.30 22.72 0.74 0.80 0.98 0.62
Rank within category 24 8 23 22 5 22
Number of funds in category 24 24 24 24 24 24

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 59
Top 10 Stocks (%) 39.29
Top 5 Stocks (%) 23.02
Top 3 Sectors (%) 45.91
Portfolio P/B Ratio 5.10
Portfolio P/E Ratio 32.22

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 84,166 96,779
Giant (%) 34.87 39.27
Large (%) 22.93 17.24
Mid (%) 35.69 41.63
Small (%) 6.51 3.96
Tiny (%) -- 0.00

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 ICICI Bank Financial 22.21 7.91 2.56 6.66
equal The Indian Hotels Company Services 195.91 4.60 0.00 4.60
down Infosys Technology 29.90 5.15 2.80 4.17
down State Bank of India Financial 13.45 5.86 0.00 3.93
equal Page Industries Textiles 76.19 3.66 0.00 3.66
up Persistent Systems Technology 39.04 3.69 0.00 3.59
up Titan Company Consumer Discretionary 74.94 3.51 0.00 3.38
equal SRF Diversified 35.55 3.51 0.00 3.25
equal Cholamandalam Investment & Finance Company Financial 26.97 3.52 0.00 3.03
equal CG Power & Industrial Solutions Capital Goods 37.52 3.02 0.00 3.02
equal HDFC Bank Financial 21.15 5.54 0.80 3.01
up Maruti Suzuki India Automobile 60.77 2.82 0.00 2.82
new Hindustan Unilever Consumer Staples 68.75 3.38 0.00 2.74
equal Motherson Sumi Wiring India Automobile 61.17 2.64 0.00 2.62
up UNO Minda Automobile 66.51 3.15 0.00 2.39
equal Bajaj Finance Financial 52.60 3.51 0.00 2.30
up Shoppers Stop Ltd. Services 83.43 1.92 0.00 1.92
equal JK Paper Consumer Staples 10.43 1.98 0.00 1.91
up ABB India Ltd. Capital Goods 73.72 1.75 0.00 1.75
equal NTPC Energy 9.47 1.79 0.00 1.69
equal Phoenix Mills Construction 24.68 1.75 0.00 1.67
equal Cipla Healthcare 33.50 1.63 0.00 1.54
new HDFC Asset Management Company Financial 34.16 1.54 0.00 1.54
up Navin Fluorine International Chemicals 77.67 1.52 0.00 1.52
down Reliance Industries Energy 27.12 6.07 0.00 1.50

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

— 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:


0.16%

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

Growth: ₹ 71.3960

IDCW: ₹ 30.1910


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

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: 22-May-2006
Return Since Launch: 12.86%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,494 Cr (As on 31-Jul-2022)
Expense Ratio: 2.24% (As on 31-Jul-2022)
Risk Grade: Above Average
Return Grade: Low
Turnover: 141.63%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW22-Jul-20220.1700

 23-Jun-20220.1700
 23-May-20220.1700
 25-Apr-20220.1700
 22-Mar-20220.1700
 23-Feb-20220.1700
 24-Jan-20220.1700
 23-Dec-20210.1700
 23-Nov-20210.1700
 22-Oct-20210.1600
 23-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

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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