August 16, 2022
mayank
L&T Nifty Next 50 Index Fund Guidance
NAV Growth : Rs 18.4240
NAV IDCW : Rs 18.4240
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 of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy :
The scheme seeks to invest in stocks comprising the Nifty Next 50 index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty Next 50 index by minimizing the performance difference between the benchmark index and the scheme.
Fund Manager :
— Praveen Ayathan
Education : Mr. Praveen is a B.Sc (Mathematics).
Experience : Prior to joining L&T Investment Management Ltd he has worked with Kotak Mahindra AMC and Dalal & Broacha Stock Broking Pvt. 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 30 days |
Basic Details
| Fund House: | L&T Mutual Fund |
| Launch Date: | 16-Apr-20 |
| Return Since Launch: | 30.09% |
| Benchmark: | NIFTY Next 50 TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 55 Cr |
| (As on 31-Jul-2022) | |
| Expense Ratio: | 0.35% |
| (As on 31-Jul-2022) | |
| Risk Grade: | — |
| Return Grade: | — |
| Turnover: | 37.93% |
L&T Nifty Next 50 Index 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 Nifty Next 50 Index Fund Direct-G | 0.42 | 0.27 | 1.32 | 8.85 | 12.18 | 2.07 | 7.61 | — | — | — | — |
| S&P BSE 100 TRI | 3.71 | 0.28 | 1.8 | 10.53 | 12.86 | 3.56 | 10.27 | — | — | — | — |
| Equity: Large Cap | 1.68 | 0.25 | 1.66 | 9.68 | 12.6 | 2.15 | 8.28 | — | — | — | — |
| Rank within category | 59 | 26 | 80 | 73 | 76 | 52 | 49 | — | — | — | — |
| Number of funds in category | 79 | 90 | 89 | 88 | 88 | 82 | 74 | 59 | 49 | 48 | 0 |
L&T Nifty Next 50 Index Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| L&T Nifty Next 50 Index Fund | Unrated | Apr-20 | 7.61 | — | — | 0.35 | 55 |
| Axis Bluechip Fund | 5 star | Jan-13 | 3.05 | 16.04 | 15.44 | 0.52 | 35,915 |
| Mirae Asset Large Cap Fund | 4 star | Jan-13 | 7.52 | 18.17 | 13.89 | 0.58 | 32,913 |
| ICICI Prudential Bluechip Fund | 5 star | Jan-13 | 10.57 | 18.78 | 13.67 | 1.07 | 32,525 |
| UTI Mastershare Fund | 4 star | Jan-13 | 6.95 | 18.92 | 13.89 | 1.03 | 10,136 |
Portfolio Analysis
| Number of Stocks | 50 |
| Top 10 Stocks (%) | 35.99 |
| Top 5 Stocks (%) | 21.45 |
| Top 3 Sectors (%) | 42.11 |
| Portfolio P/B Ratio | 3.87 |
| Portfolio P/E Ratio | 28.4 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 84,330 | 2,80,458 |
| Giant (%) | 18.28 | 62.83 |
| Large (%) | 60.73 | 28.44 |
| Mid (%) | 20.99 | 11.44 |
| Small (%) | — | 2.22 |
| Tiny (%) | — | — |
L&T Nifty Next 50 Index Fund Guidance by Chanakya :
Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.
Apply Online :
Stock Research Reports :
https://www.analysislibrary.com/
NFO Guidance :
https://sahifund.com/category/nfos/
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