Fund Performance
Lumpsum
SIP
21.46
as on 28 Nov 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 17,927 today.
NAV Performance
Fund Information
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₹ 271.949
as on 28 Nov 2023 -
Regular - Growth
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16 / 25
-
₹ 5,000
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₹ 7,048 Cr.
as on 31 May 2023 -
1.82%
-
09 Aug 2004
-
Nifty 50
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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
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About Cheenu Gupta
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About Vihang Naik
Vihang 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
Top Sector Holdings of L&T Midcap Fund
| Name of Sector | Holding Percentage | Holding 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 Stocks | Holding Percentage | Holding 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 Type | Holding Percentage |
|---|---|
| TREPS | 4.09% |
| Net Receivables | -0.08% |