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2 star

L&T Infrastructure Fund


1 Lakh

Investment Grown to
₹ 1.43 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.53 Lakh

Suitability:

This is a fund that invests mainly in shares of companies engaged in infrastructure-related activities or are expected to benefit from them.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other infrastructure 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 49.52 -0.47 0.61 11.06 14.97 30.80 89.46 12.60 13.47 13.65 14.48
S&P BSE India Infrastructure TRI 46.83 -0.91 -0.06 10.68 9.71 21.64 105.33 13.00 9.77 8.56 10.93
Equity: Sectoral-Infrastructure 47.83 -0.43 0.26 8.57 13.36 28.66 90.63 17.93 13.01 12.06 12.29
Rank within category 8 14 7 2 4 5 11 19 9 5 3
Number of funds in category 21 21 21 21 21 21 21 21 21 20 19

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 Infrastructure Fund  | Invest Online
2 star
Sep-07 89.46 12.60 13.47 2.25 1,253
DSP T.I.G.E.R. Fund - Regular Plan  | Invest Online
4 star
Jun-04 99.95 19.02 13.13 2.34 1,215
Franklin Build India Fund  | Invest Online Now
4 star
Sep-09 102.92 18.05 14.12 2.30 1,077
SBI Infrastructure Fund  | Invest Online
4 star
Jul-07 78.80 20.29 13.76 2.54 700
ICICI Prudential Infrastructure Fund  | Invest Now
3 star
Aug-05 102.54 17.54 13.25 2.28 1,632

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 25.29 13-May-2009 - 20-May-2009 -19.77 16-Mar-2020 - 23-Mar-2020
Month 32.78 07-May-2014 - 06-Jun-2014 -38.96 20-Feb-2020 - 23-Mar-2020
Quarter 100.00 04-Mar-2009 - 03-Jun-2009 -46.81 20-Aug-2008 - 19-Nov-2008
Year 112.64 12-Mar-2009 - 12-Mar-2010 -64.27 12-Mar-2008 - 12-Mar-2009

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 11.13 26.06 0.27 0.30 0.80 0.01
S&P BSE India Infrastructure TRI 12.87 29.98 0.29 0.43 -- --
Equity: Sectoral-Infrastructure 16.21 27.25 0.45 0.53 0.84 4.74
Rank within category 20 9 19 20 9 19
Number of funds in category 21 21 21 21 21 21

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 43
Top 10 Stocks (%) 48.56
Top 5 Stocks (%) 30.33
Top 3 Sectors (%) 82.64
Portfolio P/B Ratio 3.24
Portfolio P/E Ratio 24.68

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 35,448 49,581
Giant (%) 24.65 30.12
Large (%) 7.16 14.37
Mid (%) 40.25 29.94
Small (%) 27.93 26.46
Tiny (%) -- 1.91

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
down Larsen & Toubro Construction 19.94 10.54 7.14 9.80
down The Ramco Cements Construction 27.31 8.20 4.38 6.44
equal Polycab India Engineering 42.89 4.89 0.00 4.89
equal Ultratech Cement Construction 34.50 4.87 0.00 4.87
equal Reliance Industries Energy 34.86 7.69 0.00 4.33
equal Grindwell Norton Metals 57.26 4.09 1.27 4.09
down Bharat Electronics Engineering 24.21 4.30 1.67 3.90
equal Tata Power Company Energy 33.88 3.62 0.00 3.62
equal ABB India Ltd. Engineering 108.51 3.57 0.00 3.57
equal Carborundum Universal Metals 48.44 3.58 0.97 3.05
equal HG Infra Engineering Construction 13.03 2.97 0.76 2.97
equal Tata Steel Metals 7.36 4.10 0.00 2.95
equal Honeywell Automation Engineering 86.26 4.41 0.00 2.93
equal Birla Corporation Construction 14.25 3.18 0.86 2.92
down Grasim Industries Construction 24.57 5.67 1.75 2.75
equal ISGEC Heavy Engineering Engineering 24.90 2.81 0.97 2.61
equal Bharti Airtel Communication 358.28 9.97 2.13 2.56
equal Godrej Properties Construction -- 3.13 0.69 2.34
equal Kennametal India Engineering 41.93 2.31 0.00 2.31
equal RHI Magnesita India Construction 41.73 4.17 1.45 2.02
equal Finolex Cables Engineering 14.95 2.64 1.47 1.98
up PNC Infratech Construction 18.07 1.90 0.00 1.90
equal Brigade Enterprises Construction -- 2.05 0.50 1.87
equal Century Textiles & Industries Diversified 341.70 3.15 0.83 1.68
equal Hindalco Inds. Metals 15.40 1.56 0.00 1.56

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:


-0.47%

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

Growth: ₹ 23.1900

IDCW: ₹ 23.1900


Investment Strategy

The scheme endeavours to generate capital appreciation by investing primarily in companies that are engaged in the area of infrastructure. The fund would select fundamentally sound companies, having potential to deliver superior earning growth in long run.

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: 27-Sep-2007
Return Since Launch: 6.19%
Benchmark: NIFTY Infrastructure TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,253 Cr (As on 31-Aug-2021)
Expense: 2.25% (As on 31-Aug-2021)
Risk Grade: Average
Return Grade: Below Average
Turnover: 9.34%

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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