L&T Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl
L&T Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl

L&T Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl

Equity
Direct
Mid-Cap

NAV: ₹ 54.9 as on 03-10-2022

Fund Performance
zero opening, trading, fund transfer fee
25 people have invested ₹ 67K in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-1.7%
9.8%
0.6%
-1.9%
18.9%
8.8%
Benchmark
-1.1%
16.4%
1.6%
1.7%
27%
13.3%
Category
-2.3%
13.4%
2.3%
2%
24.1%
12.6%
About the Fund

L&T Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl is an equity fund. This fund was started on  1 January, 2013. The fund is managed by Vihang Naik, Venugopal Manghat. The fund could potentially beat inflation in the long-run.

Key parameters

1) L&T Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl has a NAV of 54.87 as on 03-10-2022.

2) L&T Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl has 6674 Cr worth of assets under management (AUM) as on 31-08-2022 and is more than category average.

3) The fund has an expense ratio 0.73 %.

Fund Overview

Expense ratio
Expense ratio
0.73%
Benchmark
Benchmark
S&P BSE Midcap TR INR
AUM
AUM
₹6674 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
20.54%

Fund Distribution

  • Equity 95.6%
  • Debt & Cash 4.4%
Size breakup
Mid cap
65.7%
Small cap
21.2%
Large cap
8.7%

Sector Allocation

Aug'22

Jul'22

Jun'22

Industrial

20%

Consumer Cyclical

17.6%

Financial Services

17.3%

Basic Materials

15.7%

Health

13.1%

Consumer Defensive

5.2%

Tech

3.6%

Utilities

2.3%

Communication

2.3%

Real Estate

2%

Energy

0.9%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings81
Equity Holdings79
Debt Holdings2
Holdings
Weight%
Holdings Trend
1M Change
icon
(A) Tri Party Repo Dealing System (Treps)
4.71%
0%
icon
Blue Dart Express Ltd
4.34%
0%
icon
Emami Ltd
3.83%
0%
icon
Bayer CropScience Ltd
3.15%
0%
icon
Ratnamani Metals & Tubes Ltd
2.96%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 139.8 Cr in last 1M
Aug'22 return underperformed benchmark

Change in AUM

Aug'22
₹ 6.7K Cr
Jul'22
₹ 6.5K Cr
Jun'22
₹ 6K Cr

Fund Returns vs Benchmark

Aug'22
8.85%
11.08%
Jul'22
8.85%
11.08%
Jun'22
-3.28%
-5.75%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
81
80
82
Top 5 Company Concentration
16.8%
16.8%
17.3%
Company having highest exposure
Blue Dart Express Ltd (4.3%)
Blue Dart Express Ltd (4.5%)
Blue Dart Express Ltd (4.4%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
80%
79.1%
78.1%
Sector having highest exposure
Industrial (19.2%)
Industrial (19.4%)
Industrial (19%)

Fund Manager

Vihang Naik

Vihang Naik

Managing this fund since 28 June 2016

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
L&T India Value Fund Direct Plan Growth Option
20.97%
18.3%
L&T Midcap Fund Direct Plan Growth
20.37%
24.07%
L&T Emerging Businesses Fund Direct Growth
30.22%
31.52%
Venugopal Manghat

Venugopal Manghat

Managing this fund since 17 December 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
L&T India Value Fund Direct Plan Growth Option
20.97%
18.3%
L&T Midcap Fund Direct Plan Growth
20.37%
24.07%
L&T Emerging Businesses Fund Direct Growth
30.22%
31.52%

AMC details

Address
L&T Investment Management Limited,6th Floor, Mafatlal Centre,,Nariman Point
Email
Phone
91-22-66554000
Fund House
L&T Investment Management Ltd

Fund Highlights

meter
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 17.92% since inception which is more than its category average return of 15.3%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.62% in Equity, 0% in Debt and 4.38% in Cash related instruments
AUM size ₹6674 Cr

AUM size ₹6674 Cr

This fund has AUM of ₹6674 Cr which is more than its category average of ₹ 4677 Cr
Expense Ratio 0.73%

Expense Ratio 0.73%

This fund has an expense ratio of 0.73% which is less than its category average expense ratio of 1.53%

Frequently Asked Questions

The current NAV of L&T Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl is 54.87.
Existing (Absolute + CAGR)
L&T Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl
Absolute Returns
CAGR Returns
1 Month Returns
-1.68%
-1.68%
6 Month Returns
0.55%
0.55%
1 Year Returns
-1.91%
-1.91%
3 Years Returns
68.18%
18.92%
5 Years Returns
52.34%
8.78%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.73 as on September 2022
6674 Cr as on September 2022
Blue Dart Express Ltd(4.34%),Emami Ltd(3.83%),Bayer CropScience Ltd(3.15%),Ratnamani Metals & Tubes Ltd(2.96%),Ipca Laboratories Ltd(2.54%) as on September 2022
Industrial(19.16%),Consumer Cyclical(16.86%),Financial Services(16.52%) as on September 2022
The alpha ratio for the L&T Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
L&T Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl
-
-
-
As on month end.
The alpha for L&T Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl is calculated against S&P BSE Midcap 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 Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
L&T Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl
-
-
-
As on month end.
The Beta for L&T Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl is calculated with S&P BSE Midcap 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 Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
L&T Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl
-
-
-
As on month end.
The sharpe ratio for L&T Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl is calculated with S&P BSE Midcap 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 Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
L&T Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl
13.98
22.3
20.38
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.
Venugopal Manghat,Vihang Naik are the fund managers of L&T Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl
The Exit load of L&T Midcap Fund Direct Plan Reinvestment of Income Distribution cum Cap Wrdl is 1%