L&T Large and Midcap Fund Direct Plan Growth Option
Min amount: ₹1,000
- Fund Summary
- More about Fund
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- Why Cleartax
|Risk||Very High Risk|
|Fund Type||Large & Mid-Cap|
|Exit Load||1% for 365 Days|
More about this fund
|JSW Steel Ltd||5.08%|
|Tata Consultancy Services Ltd||4.95%|
|HDFC Bank Ltd||4.69%|
|Reliance Industries Ltd Shs Dematerialised||4.02%|
|Jubilant Foodworks Ltd||3.43%|
|Torrent Pharmaceuticals Ltd Shs Dematerialised||3.34%|
|HCL Technologies Ltd Shs Dematerialised||3.26%|
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.
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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