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Unrated

L&T Nifty Next 50 Index Fund - Direct Plan


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.40 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.42 Lakh

Suitability:

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

This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.

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-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 30.19 -3.01 -3.09 -0.54 5.92 13.78 40.17 -- -- -- --
S&P BSE 100 TRI 24.64 -2.99 -4.08 -5.88 3.38 12.64 34.54 -- -- -- --
Equity: Large Cap 25.03 -2.87 -3.96 -5.29 3.57 12.69 34.73 -- -- -- --
Rank within category 13 71 12 9 13 23 13 -- -- -- --
Number of funds in category 71 85 85 84 81 76 70 58 50 49 0

As on 26-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
L&T Nifty Next 50 Index Fund - Direct Plan  | Invest Online
Unrated
Apr-20 40.17 -- -- 0.35% 38
Axis Bluechip Fund - Direct Plan
5 star
Jan-13 30.02 21.81 21.11 0.47% 33,967
ICICI Prudential Bluechip Fund - Direct Plan  | Invest Now
4 star
Jan-13 37.84 18.00 16.73 1.09% 31,082
Mirae Asset Large Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 34.99 18.95 18.36 0.52% 30,804
UTI Mastershare Fund - Direct Plan  | Invest Online
4 star
Jan-13 38.52 20.27 17.49 1.03% 9,726

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 7.14 27-May-2020 - 03-Jun-2020 -6.35 17-Sep-2020 - 24-Sep-2020
Month 13.60 22-May-2020 - 23-Jun-2020 -7.35 25-Aug-2020 - 24-Sep-2020
Quarter 27.39 15-Oct-2020 - 14-Jan-2021 -2.08 11-Jan-2021 - 12-Apr-2021
Year 67.16 24-Sep-2020 - 24-Sep-2021 40.17 26-Nov-2020 - 26-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 100 TRI* 21.06 21.35 0.81 0.94 -- --
Equity: Large Cap* 20.58 20.80 0.81 0.93 0.95 0.32
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Oct-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 32.48
Top 5 Stocks (%) 17.86
Top 3 Sectors (%) 42.06
Portfolio P/B Ratio 4.05
Portfolio P/E Ratio 31.42

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 76,194 2,96,890
Giant (%) 13.13 66.84
Large (%) 65.44 25.43
Mid (%) 21.43 10.09
Small (%) -- 1.89
Tiny (%) -- --

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 Avenue Supermarts Services 222.46 5.43 3.28 4.15
up Info Edge (India) Services 8.88 4.01 0.00 3.82
up Apollo Hospitals Healthcare 78.32 4.20 0.00 3.49
up Vedanta Metals 7.08 4.19 0.00 3.22
up Adani Enterprises Services 180.97 3.81 0.00 3.18
up ICICI Lombard General Insurance Company Insurance 56.72 3.98 2.86 3.07
up Godrej Consumer Products FMCG 52.13 3.67 2.55 2.94
up Adani Transmission Energy 167.28 2.93 0.73 2.92
up Pidilite Industries Chemicals 84.46 3.56 2.68 2.87
up Adani Green Energy Engineering 457.40 5.25 0.00 2.82
up Dabur India FMCG 58.75 4.24 2.78 2.78
up Havells India Engineering 69.76 2.91 1.90 2.57
up Piramal Enterprises Healthcare 50.56 2.66 1.74 2.57
up L&T Infotech Technology 55.26 2.47 0.00 2.47
up Ambuja Cements Construction 22.95 2.68 1.91 2.42
up Marico FMCG 58.90 2.72 2.07 2.39
up Jubilant FoodWorks Services 115.13 2.57 0.00 2.30
up United Spirits FMCG 76.43 2.71 1.51 2.29
up GAIL Energy 6.32 2.64 0.00 2.20
up DLF Construction 56.57 2.01 1.17 2.01
up Cholamandalam Investment & Finance Company Financial 28.03 1.97 0.00 1.97
up PI Industries Chemicals 56.07 1.99 0.00 1.96
up ICICI Prudential Life Insurance Co. Ltd. Insurance 135.23 2.26 1.71 1.95
up Lupin Healthcare -- 3.20 1.79 1.81
up Indus Towers Communication 14.12 2.53 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-2021

Fund Manager

— Praveen Ayathan since 24-Mar-2020

Education: Mr. Praveen is a B.Sc (Mathematics).

Experience: Prior to joining L&T Investment Management Ltd he has worked with Kotak Mahindra AMC and Dalal & Broacha Stock Broking Pvt. Ltd.

Funds Managed:


-3.01%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 18.3440

IDCW: ₹ 18.3440


Investment Strategy

The scheme seeks to invest in stocks comprising the Nifty Next 50 index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty Next 50 index by minimizing the performance difference between the benchmark index and the scheme.

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 (₹) --
Lock-in Period Not Applicable
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 30 days

Basic Details

Fund House: L&T Mutual Fund
Launch Date: 16-Apr-2020
Return Since Launch: 45.64%
Benchmark: NIFTY Next 50 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 38 Cr (As on 31-Oct-2021)
Expense: 0.35% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: --
Turnover: 67.37%

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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