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L&T Midcap Fund Direct Growth+0.01%

59.18%
1 Year Return
Equity
Mid Cap
3.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Midcap Fund Direct Growth

RiskVery High
Min SIP Amount₹500
Expense Ratio0.71%
NAV₹204.24 (23 Jun 2021)
Fund Started01 Jan 2013
Fund Size6,587 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
59.2%
12.3%
17.2%
19.8%
Category Average
67.4%
8.2%
13.7%
-
Rank Within Category
26
19
10
-
*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 59.2% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.7%
2. 3Y Returns are higher than the category average returns
3. 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

Top Holdings

NameSectorInstrument% Assets
Mphasis Ltd.TechnologyEquity5.2%
Emami Ltd.FMCGEquity4.7%
Bayer CropScience Ltd.HealthcareEquity3.5%
Atul Ltd.ChemicalsEquity3.3%
Ipca Laboratories Ltd.HealthcareEquity3.3%
Blue Dart Express Ltd.ServicesEquity3.1%
Ratnamani Metals & Tubes Ltd.MetalsEquity2.9%
Sundaram Finance Ltd.FinancialEquity2.9%
Supreme Industries Ltd.ChemicalsEquity2.8%
Birlasoft Ltd.TechnologyEquity2.8%
See All

Fund Managers

Venugopal Manghat
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Vihang Naik
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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 ₹6,587 Cr and the Latest NAV as of 23 Jun 2021 is ₹204.24.

The L&T Midcap Fund Direct Growth 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
Website
NA
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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