Fund Details
L&T Large and Midcap Fund IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.28% |
| NAV | ₹26.54 (22 Apr 2021) |
|---|---|
| Fund Started | 22 May 2006 |
| Fund Size | ₹1,279 Cr |
Returns
Comparison
1. Age is more than 10 years
1. Higher expense ratio - 2.28%
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
5. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Tata Consultancy Services Ltd. | Technology | Equity | 5.2% |
| HDFC Bank Ltd. | Financial | Equity | 5.0% |
| Mphasis Ltd. | Technology | Equity | 4.6% |
| Reliance Industries Ltd. | Energy | Equity | 4.0% |
| HCL Technologies Ltd. | Technology | Equity | 3.6% |
| Emami Ltd. | FMCG | Equity | 3.5% |
| Jubilant FoodWorks Ltd. | Services | Equity | 3.5% |
| Torrent Pharmaceuticals Ltd. | Healthcare | Equity | 3.4% |
| JSW Steel Ltd. | Metals | Equity | 3.3% |
| Infosys Ltd. | Technology | Equity | 3.2% |
Fund Managers
L&T Large and Midcap Fund IDCW Details
L&T Large and Midcap Fund IDCW is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 22 May 2006. Soumendra Nath Lahiri, Karan Desai is the Current Fund Manager of L&T Large and Midcap Fund IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹1,279 Cr and the Latest NAV as of 22 Apr 2021 is ₹26.54.
The L&T Large and Midcap Fund IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.
Investment Objective
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.
Tax Implications
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.
