August 16, 2022
mayank
L&T Midcap Fund Guidance
NAV Growth : Rs 225.2300
NAV IDCW : Rs 59.2100
Suitable For Which Investors ?
When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy :
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.
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: | 18.81% |
| Benchmark: | S&P BSE 150 MidCap TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 6,534 Cr |
| (As on 31-Jul-2022) | |
| Expense Ratio: | 0.75% |
| (As on 31-Jul-2022) | |
| Risk Grade: | Above Average |
| Return Grade: | Below Average |
| Turnover: | 22.79% |
L&T 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 Midcap Direct-G | 0.35 | -0.07 | 0.5 | 7.03 | 13.18 | 3.64 | 4.84 | 20.63 | 11.13 | 13.5 | — |
| S&P BSE 150 MidCap TRI | 0.83 | 0.5 | 1.62 | 9.91 | 15.4 | 3.07 | 9.63 | 28.09 | 15.45 | 15.11 | — |
| Equity: Mid Cap | 1.15 | 0.42 | 1.44 | 9.41 | 15.03 | 3.78 | 10.29 | 26.67 | 14.95 | 14.25 | — |
| Rank within category | 20 | 31 | 32 | 30 | 28 | 17 | 24 | 22 | 17 | 14 | — |
| Number of funds in category | 30 | 32 | 32 | 32 | 32 | 30 | 28 | 23 | 20 | 19 | 0 |
L&T 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 Midcap Fund | 2 star | Jan-13 | 4.84 | 20.63 | 11.13 | 0.75 | 6,534 |
| Kotak Emerging Equity Fund | 4 star | Jan-13 | 13.91 | 29.13 | 17.56 | 0.49 | 20,619 |
| Axis Midcap Fund | 5 star | Jan-13 | 8.59 | 26.22 | 19.98 | 0.51 | 18,677 |
| Nippon India Growth Fund | 4 star | Jan-13 | 12.43 | 27.01 | 16.42 | 1.24 | 12,450 |
| Mirae Asset Midcap Fund | 4 star | Jul-19 | 10.79 | 30.43 | — | 0.65 | 8,115 |
Portfolio Analysis
| Number of Stocks | 78 |
| Top 10 Stocks (%) | 29.1 |
| Top 5 Stocks (%) | 16.85 |
| Top 3 Sectors (%) | 37.57 |
| Portfolio P/B Ratio | 3.63 |
| Portfolio P/E Ratio | 23.24 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 25,441 | 31,369 |
| Giant (%) | — | 5.12 |
| Large (%) | 9.61 | 12.64 |
| Mid (%) | 82.47 | 77.86 |
| Small (%) | 7.92 | 6.3 |
| Tiny (%) | — | 2.08 |
L&T Midcap Fund Guidance by Chanakya :
Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.
Apply Online :
Stock Research Reports :
https://www.analysislibrary.com/
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