L&T Midcap Fund - Growth - Regular Plan

₹130.17 0.13 %Nav, as on 15-11-2019
Previous Nav
₹ 130
Net Change on 15-11-2019
₹0.17
PersonalFN Rating

4 PersonalFN
Category
Equity - Mid Cap Fund
Assets (Cr.)
₹ 5,831.30
Expense Ratio
1.97%
(As on Oct 31, 2019)

Fund Overview Growth | Regular Plan

Fund House
L&T Mutual Fund
Launch Date
09-Aug-2004
Benchmark
Nifty Midcap 100 - TRI
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil upto 10% of units and 1% for above the limits on or before 1Y, Nil after 1Y
Minimum SIP Investment (₹)
500
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
116.33
52 Week Low Nav Date
22-Aug-2019
52 Week High Nav (₹)
135.86
52 Week High Nav Date
16-Apr-2019

Fund Objective

To generate capital appreciation by investing primarily in midcap stocks.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
L&T Mid Cap Fund-Regular Plan-Growth	4.42	8.31	-0.66	10.15	10.71	18.29
Nifty Midcap 100 - TRI	-5.24	-3.67	-14.45	11.76	18.61	20.96
S&P BSE SENSEX - TRI	4.92	8.31	15.77	16.74	8.96	13.22

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
L&T Mid Cap Fund-Regular Plan-Growth	Aug 09, 2004	-0.66	10.15	10.71	1.97	5,831.30
HDFC MID-CAP OPPORTUNITIES FUND - Growth Option	Jun 25, 2007	2.10	7.13	9.04	1.70	22,637.46
Franklin India Prima Fund-Growth	Dec 01, 1993	5.79	9.22	9.96	1.84	7,510.28
DSP Midcap Fund - Regular Plan - Growth	Nov 14, 2006	10.11	10.58	11.20	1.93	6,691.39
Nippon India Growth Fund-Growth Plan-Growth Option	Oct 08, 1995	6.76	9.51	7.93	2.03	6,631.96
Sundaram Midcap Fund -Growth	Jul 19, 2002	0.84	5.62	8.56	2.01	5,882.64

Fund Holdings as on 31-October-2019

Company % Assets
Tri Party Repo Dealing System (TREPS)
4.23
City Union Bank Limited
2.82
The Ramco Cements Limited
2.71
Cholamandalam Investment and Finance Company Limited
2.52
Manappuram Finance Limited
2.31
Emami Limited
2.28
Berger Paints India Limited
2.22
Shree Cements Limited
2.12
Abbott India Limited
2.06
ACC Limited
2.00
Sundaram Finance Limited
1.89
Godrej Properties Limited
1.89
Thermax Limited
1.85
Voltas Limited
1.80
Engineers India Limited
1.77
MRF Limited
1.76
Supreme Industries Limited
1.75
Aarti Industries Limited
1.75
The Indian Hotels Company Limited
1.70
General Insurance Corporation of India
1.69
Multi Commodity Exchange of India Limited
1.66
Jindal Steel & Power Limited
1.63
Kajaria Ceramics Limited
1.61
EIH Limited
1.61
Oberoi Realty Limited
1.61
Atul Limited
1.59
Bayer Cropscience Limited
1.59
Ratnamani Metals & Tubes Limited
1.54
Page Industries Limited
1.54
ICICI Securities Limited
1.45
Coromandel International Limited
1.44
Castrol India Limited
1.43
ABB India Limited
1.39
Syngene International Limited
1.39
IPCA Laboratories Limited
1.35
Future Lifestyle Fashions Limited
1.31
MphasiS Limited
1.31
The Federal Bank Limited
1.29
AIA Engineering Limited
1.26
Amara Raja Batteries Limited
1.23
Sundram Fasteners Limited
1.12
Mahanagar Gas Limited
1.08
Cummins India Limited
1.08
Exide Industries Limited
1.04
3M India Limited
1.04
Godfrey Phillips India Limited
1.04
Affle India Limited
1.03
Divi's Laboratories Limited
1.02
RBL Bank Limited
1.01
Tata Global Beverages Limited
1.01
Bharat Electronics Limited
0.98
Max Financial Services Limited
0.92
Apollo Hospitals Enterprise Limited
0.89
Gujarat Pipavav Port Limited
0.84
Future Retail Limited
0.81
AU Small Finance Bank Limited
0.79
Deepak Nitrite Limited
0.76
Welspun India Limited
0.76
Torrent Pharmaceuticals Limited
0.72
Trent Limited
0.71
Canara Bank
0.68
Pfizer Limited
0.66
Century Textiles & Industries Limited
0.66
National Aluminium Company Limited
0.64
Vinati Organics Limited
0.64
Blue Dart Express Limited
0.64
CRISIL Limited
0.62
BIRLASOFT Limited
0.55
Aegis Logistics Limited
0.54
Indian Bank
0.47
Isgec Heavy Engineering Limited
0.38
Timken India Limited
0.38
Techno Electric & Engineering Company Limited
0.38
H.G Infra Engineering Limited
0.37
Ashoka Buildcon Limited
0.37
Triveni Turbine Limited
0.34
Bosch Limited
0.32
K.P.R. Mill Limited
0.29
Eris Lifesciences Limited
0.28
Varroc Engineering Limited
0.23
Dollar Industries Limited
0.20
Poddar Housing and Development Limited
0.08
Arti Surfactants Limited @
0.04
Blue Dart Express Limited **
0.00
Net Receivables/(Payables)
-0.78

Sector Holding%
Cement & Construction Materials
6.82
Finance - NBFC
6.72
Pharmaceuticals & Drugs
6.10
Bank - Private
5.91
Engineering - Industrial Equipments
4.81
Chemicals
4.74
Construction - Real Estate
3.57
Miscellaneous
3.46
Hotel, Resort & Restaurants
3.31
Finance - Stock Broking
3.11
Retailing
2.83
Textile
2.78
Household & Personal Products
2.28
Batteries
2.27
Paints
2.22
IT - Software
1.86
Air Conditioners
1.80
Engineering
1.77
Tyres & Allied
1.76
Plastic Products
1.75
Diversified
1.70
Insurance
1.69
Steel/Sponge Iron/Pig Iron
1.63
Ceramics/Marble/Granite/Sanitaryware
1.61
Pesticides & Agrochemicals
1.59
Castings/Forgings
1.54
Fertilizers
1.44
Lubricants
1.43
Electric Equipment
1.39
Bank - Public
1.15
Engineering - Construction
1.13
Trading
1.12
Gas Transmission/Marketing
1.08
Diesel Engines
1.08
Cigarettes/Tobacco
1.04
Telecommunication - Equipment
1.03
Tea/Coffee
1.01
Finance - Others
0.92
Hospital & Healthcare Services
0.89
Port
0.84
Courier Services
0.64
Aluminium & Aluminium Products
0.64
Ratings
0.62
Auto Ancillary
0.55
Logistics
0.54
Bearings
0.38
Unspecified
0.04

About L&T Midcap Fund

Scheme Analysis

L&T Midcap Fund is a Equity - Mid Cap Fund fund and belongs to L&T Mutual Fund. It was launched on 09-Aug-2004 and currently has an AUM of ₹5,831.30 crore. L&T Midcap Fund is benchmarked against Nifty Midcap 100 - TRI as primary index and S&P BSE SENSEX - TRI as secondary index.

The NAV of L&T Midcap Fund ended up ₹0.17(0.13%)yesterday to ₹130.17.

Among its top 3 holdings the fund has exposure to Tri Party Repo Dealing System (TREPS), City Union Bank Limited and The Ramco Cements Limited

The L&T Midcap Fund is managed by Soumendra Nath Lahiri and Vihang Naik.

Fund House Contact

Address:

309, 3rd floor, Trade Centre, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051

Phone Number: +91 (22) 61366600

Email Address: ltmf@lntmf.com

Fax Number: +91 (22) 61366603/04

Website: www.lntmf.com

Fund Manager

Soumendra Nath Lahiri

Education:B.E. (Mechanical),PGDM (IIM Bangalore)
Experience:22 years
Basic Details:Soumendra Nath is working with Canara Robeco Mutual Fund as Head - Equity. He has overall 22 years experience in Indian equity markets. He is MBA from IIM, Bangalore. He was CIO PMS Equity Investment with Emkay Investment Managers Limited (January 2011 to March 2011), Chief Investment Officer - Advisory Services with Fortuna Capital (May 2008 to December 2010) Co-Head - Equities with DSP Merrill Lynch Investment Managers Private Limited (June 2004 to March 2008), Head - Equities with Dolat Capital Market Private Limited. (September 1995 to May 2004).
Funds Managed:
L&T Focused Equity Fund
L&T Balanced Advantage Fund
L&T Emerging Businesses Fund
L&T Equity Fund
L&T Hybrid Equity Fund
L&T Infrastructure Fund
L&T Large and Midcap Fund
L&T Midcap Fund
L&T Tax Advantage Fund

Vihang Naik

Education:CFA, BMS
Experience:9
Basic Details:
Funds Managed:
L&T Focused Equity Fund
L&T Midcap Fund

Holding Type Holding %
Cash
3.45
Equity
96.53
ICRA AA
0.00

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