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L&T Midcap Fund Direct IDCW-0.26%

61.41%
1 Year Return
Equity
Mid Cap
3.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Midcap Fund Direct IDCW

RiskVery High
Min SIP Amount₹500
Expense Ratio0.76%
NAV₹52.27 (20 Apr 2021)
Fund Started01 Jan 2013
Fund Size6,428 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
61.4%
6.9%
16.1%
19.8%
Category Average
67.4%
8.2%
13.7%
-
Rank Within Category
20
19
8
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 61.4% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.76%
2. 5Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is more than 5000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Mphasis Ltd.TechnologyEquity4.8%
Emami Ltd.FMCGEquity4.7%
Bayer CropScience Ltd.HealthcareEquity3.4%
Ipca Laboratories Ltd.HealthcareEquity3.1%
Sundaram Finance Ltd.FinancialEquity3.0%
Ratnamani Metals & Tubes Ltd.MetalsEquity2.9%
Atul Ltd.ChemicalsEquity2.8%
Cummins India Ltd.EngineeringEquity2.8%
The Ramco Cements Ltd.ConstructionEquity2.8%
3M India Ltd.ServicesEquity2.7%
See All

Fund Managers

Venugopal Manghat
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Vihang Naik
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L&T Midcap Fund Direct IDCW Details

L&T Midcap Fund Direct IDCW is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Soumendra Nath Lahiri, Vihang Naik is the Current Fund Manager of L&T Midcap Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹6,428 Cr and the Latest NAV as of 20 Apr 2021 is ₹52.27.

The L&T Midcap Fund Direct 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

To generate capital appreciation by investing primarily in midcap stocks. The Scheme will invest primarily in companies whose market capitalization falls between the highest and the lowest constituent of the Nifty Free Float Midcap 100 Index.

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.
Exit Load

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About L&T Mutual Fund

Address
6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
Phone
022-66554000
Launch Date
03 Jan 1997
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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