August 9, 2022
mayank
L&T Infrastructure Fund Guidance
NAV Growth : Rs 26.1300
NAV IDCW : Rs 26.1200
Suitable For Which Investors ?
This is a fund that invests mainly in shares of companies engaged in infrastructure-related activities or are expected to benefit from them.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy :
The scheme endeavours to generate capital appreciation by investing primarily in companies that are engaged in the area of infrastructure. The fund would select fundamentally sound companies, having potential to deliver superior earning growth in long run.
Fund Manager :
— 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.
— 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.
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: | 15.15% |
| Benchmark: | NIFTY Infrastructure TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 1,251 Cr |
| (As on 30-Jun-2022) | |
| Expense Ratio: | 1.17% |
| (As on 30-Jun-2022) | |
| Risk Grade: | Average |
| Return Grade: | Below Average |
| Turnover: | 20.85% |
L&T Infrastructure 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 Infrastructure Direct-G | -0.46 | 0.85 | 0.23 | 8.65 | 6.35 | 0 | 12.94 | 19.98 | 9.53 | 11.96 | — |
| S&P BSE India Infrastructure TRI | 7.56 | 0.76 | 0.84 | 11.23 | -1.65 | 1.64 | 20.73 | 20.62 | 7.52 | 9.56 | — |
| Equity: Sectoral-Infrastructure | 2.6 | 0.65 | 0.24 | 7.98 | 6.11 | 1.76 | 11.67 | 22.25 | 10.94 | 11.25 | — |
| Rank within category | 16 | 5 | 10 | 5 | 10 | 16 | 8 | 15 | 14 | 7 | — |
| Number of funds in category | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 19 | 0 |
L&T Infrastructure Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| L&T Infrastructure Fund | 3 star | Jan-13 | 12.94 | 19.98 | 9.53 | 1.17 | 1,251 |
| ICICI Prudential Infrastructure Fund | 4 star | Jan-13 | 20.58 | 23.1 | 12.71 | 1.71 | 1,826 |
| SBI Infrastructure Fund | 4 star | Jan-13 | 13.87 | 21.51 | 12.67 | 2.04 | 777 |
| Quant Infrastructure Fund | 5 star | Jan-13 | 24.4 | 40.1 | 22.84 | 0.64 | 621 |
| Kotak Infrastructure and Economic Reform Fund – Standard Plan | 4 star | Jan-13 | 16.23 | 23.42 | 12.21 | 1.16 | 533 |
Portfolio Analysis
| Number of Stocks | 50 |
| Top 10 Stocks (%) | 43.79 |
| Top 5 Stocks (%) | 28.1 |
| Top 3 Sectors (%) | 65.07 |
| Portfolio P/B Ratio | 2.72 |
| Portfolio P/E Ratio | 20.65 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 34,279 | 51,096 |
| Giant (%) | 22.44 | 31.2 |
| Large (%) | 19.16 | 17 |
| Mid (%) | 30.14 | 28.35 |
| Small (%) | 28.26 | 24.3 |
| Tiny (%) | — | 2.17 |
L&T Infrastructure Fund Guidance by Chanakya :
Do not invest in this, or any other infrastructure fund, if you need to redeem your investment in less than five years.
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