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L&T Midcap Fund Growth-0.54%

12.32%
1 Year Return
Equity
Mid Cap
3.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Midcap Fund Growth

RiskHigh
Min SIP Amount₹500
Expense Ratio1.91%
NAV₹159.44 (25 Jan 2021)
Fund Started09 Aug 2004
Fund Size6,183 Cr

Fund Overview

Quick overview of L&T Midcap Fund Growth

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
12.3%
1.6%
13.6%
14.9%
Category Average
19.3%
4.6%
13.2%
-
Rank Within Category
25
19
11
-
*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 12.3% returns per annum

Comparison

Data not available
Pros
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
Cons
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

NameSectorInstrument% Assets
Mphasis Ltd.TechnologyEquity4.4%
Emami Ltd.FMCGEquity4.2%
Ipca Laboratories Ltd.HealthcareEquity3.7%
Bayer CropScience Ltd.HealthcareEquity3.6%
Syngene International Ltd.HealthcareEquity3.6%
Godrej Properties Ltd.ConstructionEquity2.7%
Atul Ltd.ChemicalsEquity2.6%
Ratnamani Metals & Tubes Ltd.MetalsEquity2.5%
Page Industries Ltd.TextilesEquity2.5%
Coromandel International Ltd.ChemicalsEquity2.4%
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 ₹6,183 Cr and the Latest NAV as of 25 Jan 2021 is ₹159.44.

The L&T Midcap Fund 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

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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
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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