L&T Large and Midcap Fund Direct Plan Growth Option
Min amount: ₹1,000
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Risk||Moderately High risk|
|Fund Type||Large & Mid-Cap|
|Exit Load||1% for 365 Days|
More about this fund
|Tata Consultancy Services Ltd||5.26%|
|HDFC Bank Ltd||4.79%|
|HCL Technologies Ltd Shs Dematerialised||4.44%|
|Reliance Industries Ltd Shs Dematerialised||3.85%|
|Torrent Pharmaceuticals Ltd Shs Dematerialised||3.6%|
|Jubilant Foodworks Ltd||3.18%|
|Pfizer Ltd Shs Dematerialised||2.89%|
About L&T Large and MidCap Fund - Direct Plan - Growth
The L&T Large and MidCap Fund - Direct Plan - Growth, aims to offer capital growth in the long-term, by investing in a mix of large-cap, mid-cap and small-cap stocks. The fund manager focuses on stocks of large-size and medium-sized firms, to generate maximum return for the investors.
Pros and Cons of L&T Large and MidCap Fund - Direct Plan - Growth
L&T Large and MidCap Fund - Direct Plan - Growth, invests in stocks of large and medium-size companies, based on market capitalisation. The fund manager looks for special situations, to purchase stocks with sound fundamentals at a lower price. On the flip side, the fund invests in stocks and is not suitable for risk-averse investors.
Fund Information and Statistics
i) Inception/Launch Date
L&T Large and MidCap Fund was launched on 01 January 2013.
ii) Risk Level
L&T Mutual Fund has placed L&T Large and MidCap Fund under the 'moderately high risk' category. It is riskier as compared to debt funds.
L&T Large and MidCap Fund is open-ended, and you may redeem your investment at any time.
iv) Fund Manager
Mr Vihang Naik and Mr Venugopal Manghat are the current fund managers of the L&T Large and MidCap Fund.
v) Entry/Exit Load
SEBI norms have stopped mutual funds from charging an entry load. An exit load of 1% applies to the units above 10%, if redeemed within one year from the date of allocation.
About L&T Mutual Fund
L&T Mutual Fund registered with SEBI the capital market regulator in India, way back in 1996. It counts L&T Finance Holdings Limited as its sponsor. It has L&T Mutual Fund Trustee Limited as the trustee. It has assets under management (AUM) of a huge Rs 63,057 crore, as of September 2020.
" Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "IT Developer, Bangalore
" I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "Software Engineer, Indore
" Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "Campus Manager, Bangalore
Invest Now in 3 Easy Steps
Why ClearTax Invest?
- Our experts do all the research and offer only the BEST mutual funds
- Trusted by Over 25 Lakh Indians
- Invest in just 5 minutes
- No paperwork required
- Simple and easy to use
Frequently Asked Questions
- Read More
Min amount: ₹1,000
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns