Home>Mutual Funds>L&T Mutual Fund>L&T Midcap Fund Direct IDCW

L&T Midcap Fund Direct IDCW

Equity
Mid Cap
Very High Risk
52.51%
1Y return
+0.15% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 16 Sep 2021₹60.36
Min. SIP amount₹500
Rating3star
Fund size₹6,947.93 Cr

Returns and rankings

Category: Equity Mid Cap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns52.5%16.0%17.0%21.2%
Category average72.8%17.0%15.6%NA
Rank with in category262110NA
Understand termsinfo

Holdings (54)

NameSectorInstrumentAssets
TechnologyEquity5.3%
FMCGEquity5.1%
ChemicalsEquity3.7%
TechnologyEquity3.0%
FinancialEquity3.0%
ServicesEquity2.9%
ChemicalsEquity2.8%
HealthcareEquity2.8%
Ratnamani Metals & Tubes Ltd.
MetalsEquity2.8%
ConstructionEquity2.7%
See All

Pros and cons

info
Category: Equity Mid Cap
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Pros

Lower expense ratio - 0.69%
5Y Returns are higher than the category average returns
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Cons

Asset under management(AUM) is more than 5000 Crs. Returns tend to go low once AUM exceeds a certain amount
1Y Returns are lower than the category average returns
3Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 0.69%

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 termsinfo
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

Venugopal Manghat
Dec 2019 - Present
View details
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Vihang Naik
Jun 2016 - Present
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Fund house & investment objective

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Fund house contact details

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