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  • L&T Midcap Fund

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NAV as of(Aug 31, 2021)

219.93 0.74 % 1-D Change

Returns since inception

Returns

20.73% p.a.

ETMONEYs Fund Report Card - L&T Midcap Fund

share Share

ETMONEY Rank

16

Out of 19

ranking

Performance Quality info

Poordrop-arrow

Generated returns consistently

1/5

Increased returns for each unit of additional risk info

2/5

Downside Protection info

Gooddrop-arrow

Controlled losses during market corrections

2/5

Delivered returns without frequent ups and downs

4/5

Minimum SIP amount is ₹

of every month

Please select SIP day

Minimum Lumpsum amount is ₹

This fund is non-buyable

This fund is no longer available to invest

This fund vs

  • Category Avg
  • Gold

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Scheme Details

About this Fund

L&T Midcap Fund Direct-Growth is a Mid Cap mutual fund scheme from L&T Mutual Fund. This fund has been in existence for 8 yrs 8 m, having been launched on 01/01/2013. L&T Midcap Fund Direct-Growth has ₹6,964 Crores worth of assets under management (AUM) as on 30/06/2021 and is medium-sized fund of its category. The fund has an expense ratio of 0.71%, which is less than what most other Mid Cap funds charge.

  • L&T Midcap Fund Direct-Growth returns of last 1-year are 55.43%. Since launch, it has delivered 20.74% average annual returns. The fund has doubled the money invested in it every 2 yrs.
  • L&T Midcap Fund Direct-Growth schemes ability to deliver returns consistently is lower than most funds of its category. Its ability to control losses in a falling market is below average.
  • The fund has the majority of its money invested in Healthcare, Chemicals, Financial, Services, Technology sectors. It has taken less exposure in Healthcare, Chemicals sectors compared to other funds in the category.
  • The funds top 5 holdings are in Mphasis Ltd., Emami Ltd., Bayer CropScience Ltd., KPIT Technologies Ltd., Ipca Laboratories Ltd..

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This fund

Category Average

Bank FD

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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Latest Asset & Portfolio Allocation

as on Jul 31, 2021

  • Equity99.28%
  • Debt0%
  • Other0.72%
  • Top Stock Holdings
  • Allocation by Market Cap
  • Allocation by Sector

Top Stock Holdings

Bayer CropScience Ltd. 3.54%

KPIT Technologies Ltd. 2.93%

  • Top Debt Holdings
  • Allocation by Credit Quality
  • Allocation by Instruments

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Credit Quality

Bifurcation by Credit Quality is not available for this fund

Allocation by Instruments

Comparison with mid cap Funds

as on Sep 01, 2021

Lowest
-2.15%

Highest
4.17%

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Trailing Returns and Ranks

as on Sep 01, 2021

PeriodTrailing returnsCategory averageRank within category
1 month0.66%1.17%20 / 24
3 months11.33%13.42%18 / 24
6 months18.45%22.57%20 / 23
1 year53.94%68.41%21 / 22
3 years13.3%18.56%17 / 19
5 years16.28%16.69%11 / 19

Riskometer

Level of Risk in the Scheme

Very

Investors understand that their principal will be at Very High risk

L&T Midcap Fund

EQUITY MID CAP

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.

Performance Ratios

  • Std. Dev : 23.7
  • Alpha : -1.97
  • Beta : 0.87
  • Sharpe : 0.49
  • Sortino : 0.49

Fund Manager

  • Profile

    Vihang Naik

    Mr. Naik is a CFA & BMS.

    Prior to joining L&T Mutual Fund, he was associated with MF Global, Motilal Oswal Securities and SBICAP Securities.

  • Profile

    Venugopal Manghat

    Mr. Manghat is a B.Sc (Mathematics) and MBA (Finance).

    Prior to joining L&T Mutual Fund he has worked with Tata Asset Management Ltd.

L&T

L&T Mutual Fund

TOTAL AUM:

₹ 75,531 Crs

As on Jun 30, 2021

  • Email: investor.line@lntmf.co.in
  • Phone: 022-66554000 / 1800-2000-400
  • Address: Brindavan
    Plot No. 177, CST Road
    Kalina, Santacruz (East)
    Mumbai, 400098

0

Frequently asked questions

How are the returns of L&T Midcap Fund ?

The L&T Midcap Fund is a 8 yrs 8 m old fund and has delivered average annual returns of 20.73341071537298% since inception.

L&T Midcap Fund Returns

1-Year3-Year5-YearSince Inception
53.94%13.3%16.28%20.73341071537298%

NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.

The NAV of L&T Midcap Fund for Aug 31, 2021 is 219.93.

L&T Midcap Fund has an ETMONEY Rank of # 16 of 19 and a consistency rating of 1.

This indicates the fund has not generated great returns and even those are not very consistent. You might want to look at other funds in its category.

On ETMONEY, Investing in L&T Midcap Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -

  1. Click on the Invest Now Button present on the top right-hand side.
  2. Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
  3. Provide few more details needed including the bank account from which you will be making the payment and confirm.
  4. Thats it. Your SIP or one-time investment in L&T Midcap Fund is done.

The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.

The Expense Ratio of the direct plan of L&T Midcap Fund is 0.71%. .

Redeeming your investments in L&T Midcap Fund is super easy. If you have invested in this fund via ETMONEY, just login into the app, go to the investment section and put the redemption request.

If you have invested in L&T Midcap Fund from anywhere else, you can go to the fund house website and put a request through it.

AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolios equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesnt update it every day. It is updated only at the end of the month and released within few days of the next month.

The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.

The AUM of L&T Midcap Fund is ₹ 6,964 Crs.

The L&T Midcap Fund has invested the majority of its money in the stocks of the following companies -

CompanyPercentage of Portfolio
Mphasis Ltd.6.3%
Emami Ltd.4.95%
Bayer CropScience Ltd.3.54%
KPIT Technologies Ltd.2.93%
Ipca Laboratories Ltd.2.83%
Sundaram Finance Ltd.2.83%
Ratnamani Metals & Tubes Ltd.2.79%
The Ramco Cements Ltd.2.78%
Blue Dart Express Ltd.2.66%
Syngene International Ltd.2.63%

The L&T Midcap Fund has primarily invested in the following sectors

SectorPercentage of Portfolio
Healthcare15.78%
Chemicals15.58%
Financial12.95%
Services9.49%
Technology9.23%
Construction7%
Engineering6.16%
FMCG5.99%
Metals5.69%
Consumer Durable2.91%

Contact us

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Dezha Manci
+38 695 645 231
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