L&T Nifty 50 Index Fund Direct Growth
L&T Nifty 50 Index Fund Direct Growth

L&T Nifty 50 Index Fund Direct Growth

Equity
Direct
Index Funds

NAV: ₹ 19.5 as on 30-09-2022

Fund Performance
zero opening, trading, fund transfer fee
592 people have invested ₹ 22.3L in mutual fund in the last three months

INDmoney Rank

Powered by IND quant engine
8
/14
60% Performance
46% Cost
8 out of 14 among Index-Nifty-50
Pros
Low tracking error in the category
Cons
No bad points found for this fund.
About the Fund

L&T Nifty 50 Index Fund Direct Growth is an equity fund. This fund was started on  17 April, 2020. The fund is managed by Praveen Ayathan. The fund could potentially beat inflation in the long-run.

Key parameters

1) L&T Nifty 50 Index Fund Direct Growth has a NAV of 19.547 as on 30-09-2022.

2) L&T Nifty 50 Index Fund Direct Growth has 110 Cr worth of assets under management (AUM) as on 31-08-2022 and is less than category average.

3) The fund has an expense ratio 0.2 %.

Fund Overview

Expense ratio
Expense ratio
0.2%
Benchmark
Benchmark
IISL Nifty 50 TR INR
AUM
AUM
₹110 Cr
Inception Date
Inception Date
17 April, 2020
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
16.21%

Fund Distribution

  • Equity 99.9%
  • Debt & Cash 0.1%
Size breakup
Large cap
99.9%

Sector Allocation

Aug'22

Jul'22

Jun'22

Financial Services

37%

Tech

14.2%

Energy

13.4%

Consumer Defensive

8.8%

Basic Materials

7.4%

Consumer Cyclical

7.4%

Health

3.8%

Industrial

3.8%

Communication

2.3%

Utilities

2%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings52
Equity Holdings50
Debt Holdings2

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 6.4 Cr in last 1M
Aug'22 return underperformed benchmark

Change in AUM

Aug'22
₹ 109.5 Cr
Jul'22
₹ 103.1 Cr
Jun'22
₹ 94.3 Cr

Fund Returns vs Benchmark

Aug'22
8.85%
8.93%
Jul'22
8.85%
8.93%
Jun'22
-4.71%
-4.49%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
52
52
52
Top 5 Company Concentration
40.6%
40.6%
41.8%
Company having highest exposure
Reliance Industries Ltd (11.7%)
Reliance Industries Ltd (11.5%)
Reliance Industries Ltd (12.9%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
80.7%
81%
81.1%
Sector having highest exposure
Financial Services (36.9%)
Financial Services (36.5%)
Financial Services (35%)

Fund Manager

Praveen Ayathan

Praveen Ayathan

Managing this fund since 17 April 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
L&T Arbitrage Opportunities Fund Direct Growth
4.75%
3.84%
L&T Balanced Advantage Fund Direct Plan Growth Option
9.3%
11.06%
L&T Equity Savings Direct Plan Growth Plan
11.15%
8.72%

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

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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 29.5% since inception which is more than its category average return of 7.73%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.86% in Equity, 0% in Debt and 0.14% in Cash related instruments
AUM size ₹110 Cr

AUM size ₹110 Cr

This fund has AUM of ₹110 Cr which is less than its category average of ₹ 469 Cr
Expense Ratio 0.2%

Expense Ratio 0.2%

This fund has an expense ratio of 0.2% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of L&T Nifty 50 Index Fund Direct Growth is 19.55.
Existing (Absolute + CAGR)
L&T Nifty 50 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-3.77%
-3.77%
6 Month Returns
-1.29%
-1.29%
1 Year Returns
-1.79%
-1.79%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.2 as on September 2022
110 Cr as on September 2022
Reliance Industries Ltd(11.67%),HDFC Bank Ltd(8.36%),ICICI Bank Ltd(7.91%),Infosys Ltd(7.01%),Housing Development Finance Corp Ltd(5.68%) as on September 2022
Financial Services(36.91%),Tech(14.2%),Energy(13.4%) as on September 2022
The alpha ratio for the L&T Nifty 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
L&T Nifty 50 Index Fund Direct Growth
-
-
-
As on month end.
The alpha for L&T Nifty 50 Index Fund Direct Growth is calculated against IISL Nifty 50 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 Nifty 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
L&T Nifty 50 Index Fund Direct Growth
-
-
-
As on month end.
The Beta for L&T Nifty 50 Index Fund Direct Growth is calculated with IISL Nifty 50 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 Nifty 50 Index 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 Nifty 50 Index Fund Direct Growth
-
-
-
As on month end.
The sharpe ratio for L&T Nifty 50 Index Fund Direct Growth is calculated with IISL Nifty 50 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 Nifty 50 Index 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 Nifty 50 Index Fund Direct Growth
14.18
-
-
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.
Praveen Ayathan is the fund manager of L&T Nifty 50 Index Fund Direct Growth
The Exit load of L&T Nifty 50 Index Fund Direct Growth is 1%