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L&T Midcap Fund

L&T Midcap Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

21.46

as on 28 Nov 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 17,927 today.

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NAV Performance

L&T Midcap Fund performance graph for last 3 years
Performance of L&T Midcap Fund for last 3 Years

Fund Information

  • ₹ 271.949

    as on 28 Nov 2023
  • Regular - Growth

  • 16 / 25

  • ₹ 5,000

  • ₹ 7,048 Cr.

    as on 31 May 2023
  • 1.82%

  • 09 Aug 2004

  • Equity - Mid Cap Fund

  • Nifty 50

  • L&T Mutual Fund

    Show All Funds
  • HSBC Mid Cap Fund - Regular Plan - Growth charges 1.0% of sell value; if fund sold before 365 days. There are no other charges.

Highlights of this fund

L&T Midcap Fund is an Open-ended Equity Fund. The fund belongs to Mid Cap Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 09 Aug 2004. This fund is offered by one of the top AMC (Assets Management Company) L&T Mutual Fund. You can also view here all other Equity funds offered by L&T Mutual Fund.

Latest NAV of the fund is ₹ 271.949 as on 28 Nov 2023.

This fund has 19 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.82%. Ideally you shoulds compare this fund with the benchmark Nifty 50.

You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

To seek to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of predominantly mid cap companies.

List of Fund Managers of L&T Midcap Fund

  • About Cheenu Gupta

    Picture of Cheenu Gupta
  • About Vihang Naik

    Picture of Vihang NaikVihang Naik is fund manager at L&T Investment Management with an overall experience of 11 years in equity research. He manages L&T Long Term Advantage Fund, L&T Emerging Opportunities Fund and co-manages L&T Midcap Fund.Prior to this, he was a Research Analyst with MF Global Sify Securities. His previous assignments include research analyst in Motilal Oswal Securities and SBI Cap Limited. Vihang is a Certified Financial Analyst and a Bachelor of Management Studies from Mumbai University.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 10.06% 10.91% 28.51% 33.23% 41.90% 35.11% 25.32% 22.67% 50.70% 33.62% 30.22% 31.44% 20.79%
Category Average 6.67% 6.69% 21.03% 24.92% 16.52% 25.46% 19.64% 19.35% 39.67% 25.14% 22.20% 23.61% 17.49%
L&T Midcap Fund 8.59%₹ 10,859 10.91%₹ 11,090 26.49%₹ 12,649 28.91%₹ 12,890 45.74%₹ 14,804 15.52%₹ 13,356 27.33%₹ 31,173 21.46%₹ 17,927 21.54%₹ 49,328 15.92%₹ 20,943 20.94%₹ 1,01,001 20.62%₹ 65,262 16.55%₹ 2,86,012
Kotak Emerging Equity Fund 5.37%₹ 10,536 5.38%₹ 10,538 19.09%₹ 11,909 22.48%₹ 12,248 33.50%₹ 14,083 15.69%₹ 13,395 23.01%₹ 29,995 26.03%₹ 20,028 21.34%₹ 49,195 21.39%₹ 26,369 24.45%₹ 1,09,946 22.67%₹ 77,257 19.22%₹ 3,30,287
SBI Magnum Mid Cap Fund 5.36%₹ 10,536 6.59%₹ 10,659 17.98%₹ 11,798 24.33%₹ 12,432 34.54%₹ 14,145 15.85%₹ 13,431 23.52%₹ 30,133 28.88%₹ 21,422 22.88%₹ 50,254 21.79%₹ 26,809 26.32%₹ 1,14,978 20.25%₹ 63,287 17.95%₹ 3,08,383
Nippon India Growth Fund 8.16%₹ 10,815 10.12%₹ 11,011 27.27%₹ 12,726 33.23%₹ 13,322 50.70%₹ 15,092 20.55%₹ 14,546 32.16%₹ 32,510 30.34%₹ 22,160 27.86%₹ 53,787 23.18%₹ 28,380 27.98%₹ 1,19,629 20.23%₹ 63,179 19.62%₹ 3,37,557
PGIM India Midcap Opportunities Fund 6.57%₹ 10,657 5.28%₹ 10,527 12.71%₹ 11,271 11.07%₹ 11,106 23.53%₹ 13,481 9.09%₹ 11,906 14.82%₹ 27,807 25.38%₹ 19,721 16.50%₹ 45,960 23.65%₹ 28,924 18.10%₹ 3,10,856 - -
Motilal Oswal Midcap 30 Fund 7.39%₹ 10,738 10.68%₹ 11,068 19.50%₹ 11,950 28.11%₹ 12,811 42.84%₹ 14,635 23.45%₹ 15,257 30.48%₹ 32,043 33.24%₹ 23,674 30.22%₹ 55,511 23.25%₹ 28,451 28.89%₹ 1,22,241 - -

Portfolio Holdings

Portfolio holdings pattern of L&T Midcap Fund as on 30 Nov 2023 are listed below:

  • Equity Holdings:

    95.99%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    4.01%

Top Sector Holdings of L&T Midcap Fund

Name of SectorHolding PercentageHolding Values in Crore
Pharmaceuticals 10.67% ₹ 776.25 Cr.
NBFC 5.67% ₹ 458.68 Cr.
Steel products 4.80% ₹ 349.54 Cr.
Cement 4.60% ₹ 334.07 Cr.
Banks 4.37% ₹ 317.14 Cr.
Others 69.89% -

Top Stock Holdings of L&T Midcap Fund

Name of StocksHolding PercentageHolding Values in Crore
Ratnamani Metals & Tubes Ltd. 3.38% ₹ 246.07 Cr.
Sundaram Finance Limited 2.60% ₹ 189.22 Cr.
Bosch Ltd. 2.46% ₹ 178.73 Cr.
Abbott India Ltd. 2.41% ₹ 175.43 Cr.
Emami Ltd. 2.32% ₹ 168.50 Cr.
Others 86.83% -

Other Holdings

Holding TypeHolding Percentage
TREPS 4.09%
Net Receivables -0.08%