August 9, 2022
mayank
L&T Large and Midcap Fund Guidance
NAV Growth : Rs 74.8270
NAV IDCW : Rs 33.8160
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 fund invests in a combination of large- and medium-sized companies, providing reasonable degree of flexibility to the fund management team to invest in companies of different sizes, depending on where it expects maximum gains. We believe this flexibility is good for fund investors, but we suggest you also consider flexi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy :
The scheme aims to invest in undervalued companies for long term investment with key theme focus being ‘Special Situations’ – these are situations that are out-of-the-ordinary and which therefore present interesting stock picking opportunities.
Fund Manager :
— Cheenu Gupta
Education : Ms. Gupta is CFA Charter holder (USA), PGDBM (Finance) & B.E. (I.T)
Experience : Prior to joining L&T Mutual Fund, she has worked with Canara Robeco Mutual Fund, Tata AIA Life Insurance Company as Fund Manager, ING Investment Management as Senior Research Analyst and UTI AMC Ltd. as Research Analyst.
— 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.
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: | 13.76% |
| Benchmark: | NIFTY Large Midcap 250 TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 1,350 Cr |
| (As on 30-Jun-2022) | |
| Expense Ratio: | 1.25% |
| (As on 30-Jun-2022) | |
| Risk Grade: | Average |
| Return Grade: | Low |
| Turnover: | 171.91% |
L&T Large and Midcap 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 Large and Midcap Direct-G | -3.79 | 0.52 | 1.34 | 9.53 | 7.06 | 0.82 | 6.08 | 17.64 | 9.39 | 10.14 | — |
| S&P BSE Large Mid Cap TRI | 2.4 | 0.74 | 1.06 | 8.68 | 7.16 | 3.01 | 9.77 | 19.24 | 12.94 | 12.41 | — |
| Equity: Large & MidCap | -0.74 | 0.45 | 0.83 | 7.72 | 7.23 | 0.58 | 7.5 | 21.43 | 12.4 | 12.62 | — |
| Rank within category | 25 | 8 | 4 | 2 | 19 | 14 | 18 | 23 | 17 | 18 | — |
| Number of funds in category | 28 | 29 | 29 | 29 | 29 | 28 | 27 | 23 | 19 | 19 | 0 |
L&T Large and Midcap Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| L&T Large and Midcap Fund | 2 star | Jan-13 | 6.08 | 17.64 | 9.39 | 1.25 | 1,350 |
| Mirae Asset Emerging Bluechip Fund | 5 star | Jan-13 | 4.62 | 24.35 | 16.2 | 0.71 | 20,664 |
| Canara Robeco Emerging Equities Fund | 4 star | Jan-13 | 7.52 | 24.34 | 14.38 | 0.6 | 14,231 |
| Kotak Equity Opportunities Fund | 4 star | Jan-13 | 8.45 | 21.88 | 13.51 | 0.6 | 9,223 |
| Axis Growth Opportunities Fund | 5 star | Oct-18 | 6.98 | 25.72 | — | 0.54 | 8,050 |
Portfolio Analysis
| Number of Stocks | 57 |
| Top 10 Stocks (%) | 42.77 |
| Top 5 Stocks (%) | 26.51 |
| Top 3 Sectors (%) | 49.21 |
| Portfolio P/B Ratio | 4.18 |
| Portfolio P/E Ratio | 29.7 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 83,524 | 89,555 |
| Giant (%) | 33.64 | 38.85 |
| Large (%) | 26.73 | 18.14 |
| Mid (%) | 34.39 | 41.43 |
| Small (%) | 5.24 | 3.44 |
| Tiny (%) | — | 0 |
L&T Large and Midcap Fund Guidance by Chanakya :
Do not invest in this, or any other large & mid-cap fund, if you need to redeem your investment in less than five years.
Apply Online :
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https://www.analysislibrary.com/
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