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L&T Midcap Fund Direct Growth

Equity
Mid Cap
Very High Risk
18.92%
3Y annualised
+0.15% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 14 Jan 2022₹232.46
Min. SIP amount₹500
Rating2
Fund size₹6,782.00Cr

Returns and rankings

Category: Equity Mid Cap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns31.8%18.9%16.8%20.5%
Category average72.8%17.0%15.6%NA
Rank with in category252218NA
Understand terms

Holdings (61)

NameSectorInstrumentAssets
FMCGEquity4.9%
TechnologyEquity4.5%
ServicesEquity3.1%
HealthcareEquity3.0%
ChemicalsEquity2.7%
MetalsEquity2.7%
FinancialEquity2.7%
ConstructionEquity2.6%
EngineeringEquity2.6%
HealthcareEquity2.5%
See All

Pros and cons

Category: Equity Mid Cap

Pros

3Y and 5Y annualised returns higher than category average
Lower expense ratio: 0.76%

Cons

Higher AUM: 6666Cr. Funds with a higher AUM tend to have lower returns in the future
1Y annualised returns lower than category average by 43.71%
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.75%

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

Venugopal Manghat
Dec 2019 - Present
View details
Vihang Naik
Jun 2016 - Present
View details

Fund house & investment objective

Fund house contact details

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