L&T Focused Equity Fund Direct Growth
L&T Focused Equity Fund Direct Growth

L&T Focused Equity Fund Direct Growth

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Equity
Direct
Focused Fund

NAV: ₹ 16.7 as on 25-11-2022

Fund Performance
zero opening, trading, fund transfer fee
55 people have invested ₹ 1.9L in mutual fund in the last three months

INDmoney Rank

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11
/14
17% Performance
67% Risk Management
39% Cost
11 out of 14 among focused fund
Pros
Lower volatility within category
Protects capital during bear phase
Recovers losses quickly
Cons
Has not generated consistent returns
Higher probablity of downside risk
Underperforms benchmarks during bull run

Fund Performance

Return
1M
3M
6M
1Y
3Y
This Fund
2.1%
1.7%
11.1%
-0.5%
12.8%
Benchmark
2.8%
4.4%
13.4%
7.5%
17.8%
Category
2.3%
4.8%
12.5%
5%
17.2%
About the Fund

L&T Focused Equity Fund Direct Growth is an equity fund. This fund was started on  12 November, 2018. The fund is managed by Venugopal Manghat, Vihang Naik. The fund could potentially beat inflation in the long-run.

Key parameters

1) L&T Focused Equity Fund Direct Growth has a NAV of 16.6585 as on 25-11-2022.

2) L&T Focused Equity Fund Direct Growth has 946 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 1.09 %.

Fund Overview

Expense ratio
Expense ratio
1.09%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹946 Cr
Inception Date
Inception Date
12 November, 2018
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
38.31%

Fund Distribution

  • Equity 91.7%
  • Debt & Cash 8.3%
Size breakup
Large cap
61%
Mid cap
18.5%
Small cap
12.1%

Sector Allocation

Oct'22

Sep'22

Aug'22

Tech

19.3%

Industrial

18.9%

Consumer Defensive

16.1%

Health

12.1%

Consumer Cyclical

8.9%

Basic Materials

7.6%

Energy

6.5%

Financial Services

3.6%

Communication

3.5%

Utilities

2%

Real Estate

1.5%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings31
Equity Holdings30
Debt Holdings1
Holdings
Weight%
Holdings Trend
1M Change
icon
(A) Tri Party Repo Dealing System (Treps)
8.31%
0%
icon
Infosys Ltd
6.64%
0%
icon
Larsen & Toubro Ltd
5.98%
0%
icon
Reliance Industries Ltd
5.96%
0%
icon
Hindustan Unilever Ltd
5.83%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 6.1 Cr in last 1M
Oct'22 return underperformed benchmark

Change in AUM

Oct'22
₹ 946 Cr
Sep'22
₹ 940 Cr
Aug'22
₹ 969.9 Cr

Fund Returns vs Benchmark

Oct'22
1.80%
5.37%
Sep'22
-1.70%
-2.51%
Aug'22
2.32%
3.22%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
31
30
31
Top 5 Company Concentration
29.6%
28.4%
29%
Company having highest exposure
Infosys Ltd (6.6%)
Hindustan Unilever Ltd (6.2%)
Infosys Ltd (6.3%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
69.1%
69.8%
70.6%
Sector having highest exposure
Tech (17.7%)
Industrial (19.2%)
Industrial (18.6%)

Fund Manager

Venugopal Manghat

Venugopal Manghat

Managing this fund since 17 December 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
HSBC Small Cap Fund Fund Direct Growth
30.27%
32.27%
L&T Flexicap Fund Direct Plan Growth Option
15.15%
16.77%
HSBC Value Fund Direct Plan Growth Option
21.26%
20.27%
Vihang Naik

Vihang Naik

Managing this fund since 12 November 2018

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
HSBC Midcap Fund Direct Plan Growth
18.93%
23.98%
HSBC Small Cap Fund Fund Direct Growth
30.27%
32.27%
HSBC Value Fund Direct Plan Growth Option
21.26%
20.27%

AMC details

Address
L&T Investment Management Limited,6th Floor, Mafatlal Centre,,Nariman Point
Phone
+912266554000
Fund House
L&T Investment Management Ltd

Fund Highlights

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pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 13.42% since inception which is less than its category average return of 14.91%
Fund Allocations

Fund Allocations

This fund has an allocation of 91.67% in Equity, 0% in Debt and 8.33% in Cash related instruments
AUM size ₹946 Cr

AUM size ₹946 Cr

This fund has AUM of ₹946 Cr which is less than its category average of ₹ 3612 Cr
Expense Ratio 1.09%

Expense Ratio 1.09%

This fund has an expense ratio of 1.09% which is less than its category average expense ratio of 1.54%

Frequently Asked Questions

The current NAV of L&T Focused Equity Fund Direct Growth is 16.66.
Existing (Absolute + CAGR)
L&T Focused Equity Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.12%
2.12%
6 Month Returns
11.1%
11.1%
1 Year Returns
-0.49%
-0.49%
3 Years Returns
43.43%
12.78%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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1.09 as on November 2022
946 Cr as on November 2022
Infosys Ltd(6.64%),Larsen & Toubro Ltd(5.98%),Reliance Industries Ltd(5.96%),Hindustan Unilever Ltd(5.83%),ITC Ltd(5.21%) as on November 2022
Tech(17.66%),Industrial(17.36%),Consumer Defensive(14.75%) as on November 2022
The alpha ratio for the L&T Focused Equity Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
L&T Focused Equity Fund Direct Growth
-4.79
-2.38
-
As on month end.
The alpha for L&T Focused Equity Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the L&T Focused Equity Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
L&T Focused Equity Fund Direct Growth
0.76
0.77
-
As on month end.
The Beta for L&T Focused Equity Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the L&T Focused Equity Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
L&T Focused Equity Fund Direct Growth
-0.37
0.51
-
As on month end.
The sharpe ratio for L&T Focused Equity Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the L&T Focused Equity Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
L&T Focused Equity Fund Direct Growth
12.66
18.19
-
As on month end.
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
0.71
Venugopal Manghat,Vihang Naik are the fund managers of L&T Focused Equity Fund Direct Growth
The Exit load of L&T Focused Equity Fund Direct Growth is 1%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.