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L&T Large and Midcap Fund Direct Growth

Equity
Large & MidCap
Very High Risk
10.25%
3Y annualised
0.00% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Jun 2022₹66.37
Min. SIP amount₹500
Rating2
Fund size₹1,434.38Cr

Returns and rankings

Category: Equity Large & MidCap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns-1.0%10.3%7.3%12.5%
Category average59.0%15.2%14.8%NA
Rank with in category222319NA
Understand terms

Holdings (54)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity6.0%
Reliance Industries Ltd.EnergyEquity5.9%
The Indian Hotels Company Ltd.ServicesEquity4.5%
State Bank of IndiaFinancialEquity4.4%
Infosys Ltd.TechnologyEquity4.0%
Persistent Systems Ltd.TechnologyEquity3.7%
SRF Ltd.DiversifiedEquity3.4%
Titan Company Ltd.Consumer DiscretionaryEquity3.2%
Tata Power Company Ltd.EnergyEquity3.2%
Bajaj Finance Ltd.FinancialEquity3.2%
See All

Pros and cons

Category: Equity Large & MidCap

Pros

Cons

Lower expense ratio: 1.3%
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 1.30%

Inclusive of GST

Exit load

For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Vihang Naik
Dec 2019 - Present
View details

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.
Also manages these schemes

Cheenu Gupta
Jul 2021 - Present
View details

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.
Also manages these schemes

Alok Ranjan
Oct 2019 - Present
View details

Education
Mr. Ranjan has done PGDM (MBA) from IIM Calcutta, B.Tech in Mechanical Engineering from NIT Warangal.
Experience
Prior to joining L&T Mutual Fund, he has worked with L&T Investment Management Ltd.- As Equity Research Analyst (From November 2017 – September 2019), Shell India Private Ltd. - Senior Specialist - Market risk (From October 2017 – November 2017), JM Financial Ltd. - Equity Research Analyst (From March 2017 – September 2017), Kotak Mahindra Bank - Treasury Sales (From December 2015 – March 2017), American Express - Business Analyst (From April 2015 – December 2015), NTPC Ltd. - Assistant Manager (From August 2011 – May 2013).
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
BrindavanPlot No. 177, CST RoadKalina, Santacruz (East) Mumbai 400098
Phone
022-66554000 / 1800-2000-400
Launch Date
25 Apr 1996
Website
NA
Amc Image
L&T Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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FAQs

How to Invest in L&T Large and Midcap Fund Direct Growth?

You can easily invest in L&T Large and Midcap Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for L&T Large and Midcap Fund Direct Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in L&T Large and Midcap Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does L&T Large and Midcap Fund Direct Growth provide?

The L&T Large and Midcap Fund Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is -1.04% since its inception.

How much expense ratio is charged by L&T Large and Midcap Fund Direct Growth?

The term Expense Ratio used for L&T Large and Midcap Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of L&T Large and Midcap Fund Direct Growth is 1.30% as of 30 Jun 2022...

What is the AUM of L&T Large and Midcap Fund Direct Growth?

The AUM, short for Assets Under Management of L&T Large and Midcap Fund Direct Growth is ₹1,434.38Cr as of 30 Jun 2022.

How to Redeem L&T Large and Midcap Fund Direct Growth?

If you want to sell your L&T Large and Midcap Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of L&T Large and Midcap Fund Direct Growth?

You can select either SIP or Lumpsum investment of L&T Large and Midcap Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of L&T Large and Midcap Fund Direct Growth?

The NAV of L&T Large and Midcap Fund Direct Growth is ₹66.37 as of 29 Jun 2022.

What is the PE and PB ratio of L&T Large and Midcap Fund Direct Growth?

The PE ratio ratio of L&T Large and Midcap Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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