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L&T Midcap Fund

L&T Midcap Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

24.43

as on 07 Jun 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 19,286 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

  • ₹ 221.834

    as on 07 Jun 2023
  • Regular - Growth

  • 16 / 25

  • ₹ 5,000

  • ₹ 7,048 Cr.

    as on 30 Apr 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 ₹ 221.834 as on 07 Jun 2023.

This fund has 18 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 9.86% 12.05% 10.54% 33.92% 41.90% 39.32% 19.62% 20.80% 28.80% 23.56% 30.21% 25.35% 18.67%
Category Average 6.36% 8.35% 4.66% 21.31% 14.18% 30.55% 14.14% 17.98% 18.49% 11.84% 19.32% 19.47% 16.20%
L&T Midcap Fund 5.76%₹ 10,575 6.98%₹ 10,698 4.34%₹ 10,433 16.87%₹ 11,687 15.11%₹ 12,956 8.57%₹ 11,787 8.72%₹ 26,209 24.43%₹ 19,286 14.19%₹ 44,451 9.57%₹ 15,800 14.45%₹ 86,155 18.79%₹ 55,990 14.80%₹ 2,60,213
Kotak Emerging Equity Fund 6.03%₹ 10,602 6.95%₹ 10,695 5.11%₹ 10,510 21.45%₹ 12,145 17.30%₹ 13,091 13.79%₹ 12,948 12.42%₹ 27,165 33.11%₹ 23,623 20.68%₹ 48,721 15.69%₹ 20,736 21.18%₹ 1,01,540 20.80%₹ 66,230 18.67%₹ 3,20,496
SBI Magnum Mid Cap Fund 7.85%₹ 10,784 11.54%₹ 11,154 10.54%₹ 11,054 25.78%₹ 12,577 25.01%₹ 13,562 18.55%₹ 14,053 17.26%₹ 28,437 38.31%₹ 26,506 25.44%₹ 52,021 16.87%₹ 21,813 24.17%₹ 1,09,150 20.11%₹ 62,566 17.79%₹ 3,05,596
Nippon India Growth Fund 7.61%₹ 10,761 10.65%₹ 11,064 6.10%₹ 10,609 23.91%₹ 12,390 22.60%₹ 13,416 16.53%₹ 13,579 15.14%₹ 27,879 34.43%₹ 24,330 22.78%₹ 50,158 16.51%₹ 21,477 22.07%₹ 1,03,750 18.16%₹ 53,113 17.37%₹ 2,98,758
PGIM India Midcap Opportunities Fund 6.09%₹ 10,608 6.26%₹ 10,626 0.95%₹ 10,095 15.98%₹ 11,598 10.80%₹ 12,688 13.14%₹ 12,801 8.10%₹ 26,050 37.21%₹ 25,878 20.18%₹ 48,381 18.35%₹ 23,231 24.75%₹ 1,10,683 - -
Motilal Oswal Midcap 30 Fund 9.86%₹ 10,985 12.05%₹ 11,205 7.79%₹ 10,778 33.92%₹ 13,392 28.80%₹ 13,790 27.17%₹ 16,171 23.56%₹ 30,125 39.32%₹ 27,089 30.21%₹ 55,468 17.56%₹ 22,461 25.19%₹ 1,11,848 - -

Portfolio Holdings

Portfolio holdings pattern of L&T Midcap Fund as on 08 Jun 2023 are listed below:

  • Equity Holdings:

    93.90%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    6.10%

Top Sector Holdings of L&T Midcap Fund

Name of SectorHolding PercentageHolding Values in Crore
Pharmaceuticals 10.82% ₹ 762.94 Cr.
NBFC 5.86% ₹ 413.33 Cr.
Banks 5.34% ₹ 376.02 Cr.
Steel products 4.79% ₹ 337.62 Cr.
Cement 4.20% ₹ 295.47 Cr.
Others 68.99% -

Top Stock Holdings of L&T Midcap Fund

Name of StocksHolding PercentageHolding Values in Crore
Ratnamani Metals & Tubes Ltd. 3.24% ₹ 228.70 Cr.
Abbott India Ltd. 2.55% ₹ 179.94 Cr.
Bosch Ltd. 2.50% ₹ 176.09 Cr.
Sundaram Finance Limited 2.48% ₹ 175.14 Cr.
Indian Bank 2.42% ₹ 170.27 Cr.
Others 86.81% -

Other Holdings

Holding TypeHolding Percentage
TREPS 6.44%
Net Receivables -0.34%