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L&T Midcap Fund Growth+0.19%

60.18%
1 Year Return
Equity
Mid Cap
2.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Midcap Fund Growth

RiskVery High
Min SIP Amount₹500
Expense Ratio1.89%
NAV₹198.21 (23 Jul 2021)
Fund Started09 Aug 2004
Fund Size6,726 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
60.2%
13.1%
15.5%
14.9%
Category Average
72.8%
17.0%
15.6%
-
Rank Within Category
29
20
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 60.2% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. Lower expense ratio - 1.89%
3. 5Y Returns are higher than the category average returns
4. 10Y 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.TechnologyEquity5.3%
Emami Ltd.FMCGEquity5.1%
Bayer CropScience Ltd.ChemicalsEquity3.7%
Birlasoft Ltd.TechnologyEquity3.0%
Sundaram Finance Ltd.FinancialEquity3.0%
Blue Dart Express Ltd.ServicesEquity2.9%
Atul Ltd.ChemicalsEquity2.8%
Ipca Laboratories Ltd.HealthcareEquity2.8%
Ratnamani Metals & Tubes Ltd.MetalsEquity2.8%
The Ramco Cements Ltd.ConstructionEquity2.7%
See All

Fund Managers

Venugopal Manghat
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Soumendra Nath Lahiri
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Vihang Naik
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L&T Midcap Fund Growth Details

L&T Midcap Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹6,726 Cr and the Latest NAV as of 23 Jul 2021 is ₹198.21.

The L&T Midcap Fund 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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