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Fincash » Mutual Funds » L T Midcap Fund

L&T Midcap Fund - G

NAV  ₹314.029 ↑ 2.08  (0.67 %) as on 1 Mar 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 19.2% 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 1 Mar 24₹314.029 ↑ 2.08  (0.67 %)
Net Assets (AUM) as on 31 Jan 2024 ₹9,467 Cr.
Launch Date9 Aug 2004
CategoryEquity - Mid Cap
Rating
TypeOpen Ended Fund
RiskHigh
AMCL&T Investment Management Ltd
Alpha Ratio1.53
Expense Ratio1.85 %
Sharpe Ratio2.817
Information Ratio-1.55
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 1 Mar 24

DurationReturns
1 Month 3.3%
3 Month 12.3%
6 Month 26%
1 Year 53.2%
3 Year 22.4%
5 Year 20.1%
10 Year
15 Year
Since launch 19.2%

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
28 Feb 19₹10,000
29 Feb 20₹10,731
28 Feb 21₹13,606
28 Feb 22₹15,527
28 Feb 23₹16,286
29 Feb 24₹24,946
L&T Midcap Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash0.41%
Equity99.59%
L&T Midcap Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services20.21%
Industrials17.03%
Basic Materials15.15%
Health Care14.2%
Consumer Cyclical12.43%
Technology5.01%
Real Estate4.4%
Consumer Defensive3.75%
Utility3.13%
Communication Services2.21%
Energy2.06%
L&T Midcap Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 31 Oct 15 | RATNAMANI
Steel4%₹351 Cr1,043,486
Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 21 | PFC
Credit Services3%₹320 Cr8,363,250
Sundaram Finance Ltd (Financial Services)
Equity, Since 30 Nov 13 | SUNDARMFIN
Credit Services3%₹261 Cr743,568
AIA Engineering Ltd (Industrials)
Equity, Since 31 Dec 16 | AIAENG
Specialty Industrial Machinery2%₹229 Cr621,300
Ipca Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 19 | IPCALAB
Drug Manufacturers - Specialty & Generic2%₹217 Cr1,946,300
3M India Ltd (Industrials)
Equity, Since 30 Sep 19 | 3MINDIA
Conglomerates2%₹211 Cr56,500
Oberoi Realty Ltd (Real Estate)
Equity, Since 31 Mar 17 | OBEROIRLTY
Real Estate - Development2%₹205 Cr1,418,750
Bosch Ltd (Consumer Cyclical)
Equity, Since 31 Oct 19 | BOSCHLTD
Auto Parts2%₹204 Cr91,935
↓ -4,318
Ramco Cements Ltd (Basic Materials)
Equity, Since 30 Sep 12 | RAMCOCEM
Building Materials2%₹202 Cr1,984,200
Godrej Properties Ltd (Real Estate)
Equity, Since 31 Mar 17 | GODREJPROP
Real Estate - Development2%₹200 Cr995,400
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Fund Managers

NameSinceTenure
Venugopal Manghat1 Oct 230.34 Yr.
Cheenu Gupta26 Nov 221.18 Yr.
Sonal Gupta1 Oct 230.34 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
₹26.1824
↑ 0.12
11.15 %30.29 %14.7 %13.83 %
Essel Long Term Advantage Fund
Normal Dividend, Payout
₹26.1801
↑ 0.12
11.14 %30.26 %14.69 %13.82 %
Data as on 1 Mar 24

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