fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » L T Midcap Fund

L&T Midcap Fund - G

NAV  ₹362.844 ↑ 3.27  (0.91 %) as on 13 Jun 24

Scheme Objective

To generate capital appreciation by investing primarily in midcap stocks. The scheme will invest primarily in companies whose market capitalization falls between the highest and the lowest constituent of the Nifty Free Float Midcap 100.

L&T Midcap Fund is a Equity - Mid Cap fund launched on 9 Aug 04. It is a fund with High risk and has given a CAGR return of 19.8% since its launch.  Ranked 5 in Mid Cap category.  Return for 2023 was 40% , 2022 was 1.1% and 2021 was 30.4% .

Below is the key information for L&T Midcap Fund

NAV as on 13 Jun 24₹362.844 ↑ 3.27  (0.91 %)
Net Assets (AUM) as on 30 Apr 2024 ₹10,342 Cr.
Launch Date9 Aug 2004
CategoryEquity - Mid Cap
Rating
TypeOpen Ended Fund
RiskHigh
AMCL&T Investment Management Ltd
Alpha Ratio12.21
Expense Ratio1.85 %
Sharpe Ratio3.993
Information Ratio-0.89
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Jun 24

DurationReturns
1 Month 10.9%
3 Month 21.6%
6 Month 26.7%
1 Year 62.4%
3 Year 23.9%
5 Year 22.6%
10 Year
15 Year
Since launch 19.8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 40%
2022 1.1%
2021 30.4%
2020 19%
2019 -0.2%
2018 -12%
2017 52.3%
2016 9.8%
2015 10.8%

Growth of 10k Over Years

DateValue
31 May 19₹10,000
31 May 20₹8,290
31 May 21₹13,758
31 May 22₹14,381
31 May 23₹16,253
31 May 24₹25,721
L&T Midcap Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.5%
Equity98.5%
L&T Midcap Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services20.9%
Industrials20.45%
Consumer Cyclical13.92%
Health Care10.4%
Real Estate7.54%
Basic Materials7.23%
Technology5.99%
Utility4.03%
Consumer Defensive3.71%
Energy3.66%
Communication Services0.67%
L&T Midcap Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Cummins India Ltd (Industrials)
Equity, Since 30 Apr 18 | 500480
Specialty Industrial Machinery3%₹318 Cr970,100
↑ 78,832
Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 21 | 532810
Credit Services3%₹285 Cr6,462,100
Suzlon Energy Ltd (Industrials)
Equity, Since 31 Mar 24 | SUZLON
Specialty Industrial Machinery3%₹285 Cr68,394,500
↑ 24,351,652
Godrej Properties Ltd (Real Estate)
Equity, Since 31 Mar 17 | GODREJPROP
Real Estate - Development3%₹264 Cr995,400
Ipca Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 19 | 524494
Drug Manufacturers - Specialty & Generic3%₹261 Cr1,946,300
Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 31 Oct 15 | RATNAMANI
Steel2%₹254 Cr803,436
↓ -73,000
Trent Ltd (Consumer Cyclical)
Equity, Since 30 Jun 19 | 500251
Apparel Retail2%₹252 Cr570,400
Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 28 Feb 15 | MCX
Financial Data & Stock Exchanges2%₹248 Cr603,300
Bharat Heavy Electricals Ltd (Industrials)
Equity, Since 31 Mar 24 | 500103
Specialty Industrial Machinery2%₹240 Cr8,518,000
↑ 5,392,100
Indian Bank (Financial Services)
Equity, Since 31 Oct 21 | 532814
Banks - Regional2%₹236 Cr4,310,000
1 - 10 of 101
Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Fund Managers

NameSinceTenure
Venugopal Manghat1 Oct 230.58 Yr.
Cheenu Gupta26 Nov 221.43 Yr.
Sonal Gupta1 Oct 230.58 Yr.

Custodians

CompanyAddress
Citibank N.A. IndiaTrent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East),

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
HSBC Mutual Fund16, V N Road, Fort, Mumbai 400 001

Auditors

CompanyAddress
M/s. Price WaterhouseIndia,252, Veer Savarkar Marg,,Next to Mayor's Bungalow, Shivaji Park,,Dadar,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Essel Long Term Advantage Fund
Growth
₹28.2581
↑ 0.18
13.99 %28.83 %15.19 %14.08 %
Essel Long Term Advantage Fund
Normal Dividend, Payout
₹28.2556
↑ 0.18
13.98 %28.81 %15.18 %14.07 %
Data as on 13 Jun 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.