Fund Details
L&T Midcap Fund Dividend
| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.91% |
| NAV | ₹44.60 (25 Jan 2021) |
|---|---|
| Fund Started | 09 Aug 2004 |
| Fund Size | ₹6,183 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Risk is lower compared to the benchmark
3. Lower expense ratio
4. 1Y Returns are higher than the benchmark
5. Age is more than 10 years
6. Lower expense ratio - 1.92%
7. 5Y Returns are higher than the category average returns
8. 10Y Returns are higher than the category average returns
1. Asset under management(AUM) is more than 5000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. Risk-adjusted returns are lower compared to the category
3. 3Y Returns are lower than the benchmark
4. 5Y Returns are lower than the benchmark
5. 10Y Returns are lower than the benchmark
6. Asset under management(AUM) is more than 5000 Crs. Returns tend to go low once AUM exceeds a certain amount
7. Risk-adjusted returns are lower compared to the category
8. 1Y Returns are lower than the category average returns
9. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Mphasis Ltd. | Technology | Equity | 4.4% |
| Emami Ltd. | FMCG | Equity | 4.2% |
| Ipca Laboratories Ltd. | Healthcare | Equity | 3.7% |
| Bayer CropScience Ltd. | Healthcare | Equity | 3.6% |
| Syngene International Ltd. | Healthcare | Equity | 3.6% |
| Godrej Properties Ltd. | Construction | Equity | 2.7% |
| Atul Ltd. | Chemicals | Equity | 2.6% |
| Ratnamani Metals & Tubes Ltd. | Metals | Equity | 2.5% |
| Page Industries Ltd. | Textiles | Equity | 2.5% |
| Coromandel International Ltd. | Chemicals | Equity | 2.4% |
Fund Managers
L&T Midcap Fund Dividend Details
L&T Midcap Fund Dividend is a Equity Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 09 Aug 2004. Soumendra Nath Lahiri, Vihang Naik is the Current Fund Manager of L&T Midcap Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹6,183 Cr and the Latest NAV as of 25 Jan 2021 is ₹44.60.
The L&T Midcap Fund Dividend 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.
