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NAV as of(Aug 31, 2021)
₹ 219.93 0.74 % 1-D Change
Returns since inception
Out of 19
Generated returns consistently
Increased returns for each unit of additional risk
Controlled losses during market corrections
Delivered returns without frequent ups and downs
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
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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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Total investment Invested
Current value of investment Current value
You would have earned ₹ 1,001 more by investing in ETMONEY Direct Plan
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.
- 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
Pick time period to see return
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|Period||Trailing returns||Category average||Rank within category|
|1 month||0.66%||1.17%||20 / 24|
|3 months||11.33%||13.42%||18 / 24|
|6 months||18.45%||22.57%||20 / 23|
|1 year||53.94%||68.41%||21 / 22|
|3 years||13.3%||18.56%||17 / 19|
|5 years||16.28%||16.69%||11 / 19|
Investors understand that their principal will be at Very High risk
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.
- Std. Dev : 23.7
- Alpha : -1.97
- Beta : 0.87
- Sharpe : 0.49
- Sortino : 0.49
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.
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.
- Email: firstname.lastname@example.org
- Phone: 022-66554000 / 1800-2000-400
- Address: Brindavan
Plot No. 177, CST Road
Kalina, Santacruz (East)
Allocation Break-up by Holdings
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%
Supreme Industries Ltd.2.49%
Max Financial Services Ltd.2.46%
Coromandel International Ltd.2.43%
Abbott India Ltd.2.41%
Cummins India Ltd.2.39%
Godrej Properties Ltd.2.34%
Apollo Hospitals Enterprise Ltd.2.16%
Aarti Industries Ltd.2.09%
Manappuram Finance Ltd.2.08%
3M India Ltd.2%
Jindal Steel & Power Ltd.1.97%
Indian Hotels Co. Ltd.1.87%
Page Industries Ltd.1.85%
Multi Commodity Exchange India1.81%
Cholamandalam Investment & Finance Co. Ltd.1.72%
ICICI Securities Ltd.1.6%
Suven Pharmaceutical Ltd.1.6%
Oberoi Realty Ltd.1.4%
Hitachi Home & Life Solutions (India) Ltd.1.39%
Eris Lifesciences Ltd1.39%
Alkem Laboratories Ltd.1.37%
Deepak Nitrite Ltd.1.23%
Berger Paints India Ltd.1.16%
Timken India Ltd.1.15%
Muthoot Finance Ltd.1.09%
Affle (India) Ltd.1.09%
Godfrey Phillips India Ltd.1.04%
AIA Engineering Ltd.0.93%
Sundram Fasteners Ltd.0.91%
Mahanagar Gas Ltd.0.79%
Castrol India Ltd.0.68%
City Union Bank Ltd.0.68%
Power Finance Corpn. Ltd.0.49%
HG Infra Engineering Ltd.0.47%
Amara Raja Batteries Ltd.0.47%
General Insurance Corporation of India Ltd.0.39%
Vinati Organics Ltd.0.17%
Poddar Housing and Development Ltd0.01%
Allocation Break-up by Sectors
Allocation Break-up by Holdings
Allocation Break-up by Credit Quality
Allocation Break-up by Instruments
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Frequently asked questions
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
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 -
- Click on the Invest Now Button present on the top right-hand side.
- Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
- Provide few more details needed including the bank account from which you will be making the payment and confirm.
- 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 -
|Company||Percentage of Portfolio|
|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
|Sector||Percentage of Portfolio|
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