August 9, 2022
mayank
L&T Focused Equity Fund Guidance
NAV Growth : Rs 16.4150
NAV IDCW : Rs 15.9140
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 seeks to provide capital appreciation by investing in equity and equity related instruments of maximum 30 stocks. There is no assurance that the investment objective of the scheme will be realized.
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) | — |
| 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: | 05-Nov-18 |
| Return Since Launch: | 14.09% |
| Benchmark: | NIFTY 500 TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 899 Cr |
| (As on 30-Jun-2022) | |
| Expense Ratio: | 1.11% |
| (As on 30-Jun-2022) | |
| Risk Grade: | Below Average |
| Return Grade: | Below Average |
| Turnover: | 32.72% |
L&T Focused Equity 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 Focused Equity Fund Direct-G | -2.04 | 0.38 | 0.97 | 5.6 | 6.51 | 0.1 | 1.82 | 16.03 | — | — | — |
| S&P BSE 500 TRI | 1.34 | 0.7 | 1.07 | 8.69 | 6.71 | 2.18 | 8.93 | 20.34 | — | — | — |
| Equity: Flexi Cap | -1.15 | 0.54 | 0.89 | 7.52 | 7.24 | 0.15 | 6.58 | 19 | — | — | — |
| Rank within category | 38 | 58 | 27 | 65 | 45 | 33 | 52 | 38 | — | — | — |
| Number of funds in category | 64 | 70 | 68 | 68 | 68 | 65 | 60 | 47 | 35 | 34 | 1 |
L&T Focused Equity Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| L&T Focused Equity Fund | 3 star | Nov-18 | 1.82 | 16.03 | — | 1.11 | 899 |
| 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 | 10,839 |
Portfolio Analysis
| Number of Stocks | 29 |
| Top 10 Stocks (%) | 51.93 |
| Top 5 Stocks (%) | 31.83 |
| Top 3 Sectors (%) | 40.35 |
| Portfolio P/B Ratio | 3.94 |
| Portfolio P/E Ratio | 24.13 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,31,989 | 1,41,212 |
| Giant (%) | 59.1 | 52.78 |
| Large (%) | 12.82 | 19.46 |
| Mid (%) | 18.64 | 21.89 |
| Small (%) | 9.44 | 6.33 |
| Tiny (%) | — | 0.08 |
L&T Focused Equity 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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