August 9, 2022
mayank
L&T Flexicap Fund Guidance
NAV Growth : Rs 127.6450
NAV IDCW : Rs 40.6020
Suitable For Which Investors ?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy :
The scheme aims to follow bottom up stock picking, without any bias for sectors or market capitalizations. The scheme will attempt to be fully invested in equities at all times, however, upto 20 per cent of its assets can be invested in cash and cash equivalents.
Fund Manager :
— Vihang Naik
Education : Mr. Naik is a CFA & BMS.
Experience : Prior to joining L&T Mutual Fund, he was associated with MF Global, Motilal Oswal Securities and SBICAP Securities.
— Venugopal Manghat
Education : Mr. Manghat is a B.Sc (Mathematics) and MBA (Finance).
Experience : Prior to joining L&T Mutual Fund he has worked with Tata Asset Management Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | 500 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | Not Applicable |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
Basic Details
| Fund House: | L&T Mutual Fund |
| Launch Date: | 01-Jan-13 |
| Return Since Launch: | 13.36% |
| Benchmark: | S&P BSE 500 TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 2,562 Cr |
| (As on 30-Jun-2022) | |
| Expense Ratio: | 1.35% |
| (As on 30-Jun-2022) | |
| Risk Grade: | Average |
| Return Grade: | Below Average |
| Turnover: | 32.24% |
L&T Flexicap Fund Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| L&T Flexicap Direct-G | 0.34 | 0.72 | 1.36 | 7.18 | 6.25 | 1.29 | 6.03 | 15.93 | 10.13 | 9.97 | — |
| S&P BSE 500 TRI | 1.34 | 0.7 | 1.07 | 8.69 | 6.71 | 2.18 | 8.93 | 20.34 | 12.99 | 12.6 | — |
| Equity: Flexi Cap | -1.15 | 0.54 | 0.89 | 7.52 | 7.24 | 0.15 | 6.58 | 19 | 12.24 | 11.96 | — |
| Rank within category | 21 | 11 | 6 | 41 | 49 | 19 | 32 | 40 | 27 | 28 | — |
| Number of funds in category | 64 | 70 | 68 | 68 | 68 | 65 | 60 | 47 | 35 | 34 | 1 |
L&T Flexicap Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| L&T Flexicap Fund | 2 star | Jan-13 | 6.03 | 15.93 | 10.13 | 1.35 | 2,562 |
| SBI Focused Equity Fund | 4 star | Jan-13 | 6.13 | 20.04 | 15.61 | 0.69 | 23,804 |
| UTI Flexi Cap Fund | 4 star | Jan-13 | -1.04 | 22.57 | 15.34 | 0.97 | 22,657 |
| Parag Parikh Flexi Cap Fund | 5 star | May-13 | 4.89 | 26.5 | 18.78 | 0.79 | 22,324 |
| Axis Flexi Cap Fund | 4 star | Nov-17 | 2.53 | 17.61 | — | 0.66 | 9,696 |
Portfolio Analysis
| Number of Stocks | 69 |
| Top 10 Stocks (%) | 35.68 |
| Top 5 Stocks (%) | 23.38 |
| Top 3 Sectors (%) | 46.03 |
| Portfolio P/B Ratio | 2.27 |
| Portfolio P/E Ratio | 16.06 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,09,380 | 1,41,212 |
| Giant (%) | 48.37 | 52.78 |
| Large (%) | 19.7 | 19.46 |
| Mid (%) | 18.98 | 21.89 |
| Small (%) | 12.94 | 6.33 |
| Tiny (%) | — | 0.08 |
L&T Flexicap Fund Guidance by Chanakya :
Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.
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