L&T Midcap Fund Direct Growth-1.52%

13.67%
1 Year Return
Equity
Mid Cap
4.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Midcap Fund Direct Growth

RiskHigh
Min SIP Amount₹500
Expense Ratio0.74%
NAV158.25 (25 Nov 2020)
Fund Started01 Jan 2013
Fund Size5,776 Cr

Fund Overview

Quick overview of L&T Midcap Fund Direct Growth

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
13.7%
1.5%
11.7%
18.2%
Category Average
18.2%
3.0%
9.8%
-
Rank Within Category
19
17
5
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 13.7% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.74%
    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.TechnologyEquity4.2%
    Ipca Laboratories Ltd.HealthcareEquity4.2%
    Bayer CropScience Ltd.HealthcareEquity3.9%
    Emami Ltd.FMCGEquity3.8%
    Syngene International Ltd.HealthcareEquity3.3%
    Atul Ltd.ChemicalsEquity2.6%
    The Ramco Cements Ltd.ConstructionEquity2.4%
    Coromandel International Ltd.ChemicalsEquity2.3%
    Multi Commodity Exchange IndiaFinancialEquity2.3%
    Berger Paints India Ltd.ChemicalsEquity2.3%
    See All

    Fund Managers

    Venugopal Manghat
    keyboard_arrow_down
    Vihang Naik
    keyboard_arrow_down

    L&T Midcap Fund Direct Growth Details

    L&T Midcap Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹5,776 Cr and the Latest NAV as of 25 Nov 2020 is ₹158.25.

    The L&T Midcap Fund Direct Growth is rated 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

    Compare Funds

    L&T Midcap Fund Direct Growth
    VS
    search

    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,
    Similar Funds
    Data not available