L&T Midcap Fund Direct Plan Growth - Regular - Latest NAV [ ₹217.02 ], Returns, Performance, Portfolio & Returns 2021

L&T Midcap Fund Direct Plan Growth

  • highlight
    16.89%
  • highlight
    (-2.3)217.02

Min amount: ₹1,000

Calculate Returns

20 yrs
₹1,000 invested monthly becomes
0 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years16.89%
3 Years13.56%
1 Year61.39%
6 Months22.8%
Fund Details
ISININF917K01FZ1
RiskVery High Risk
Fund TypeMid-Cap
NAV217.02
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Mphasis Ltd5.35%
Emami Ltd5.14%
Bayer CropScience Ltd3.67%
Birlasoft Ltd3.02%
Sundaram Finance Ltd3%
Blue Dart Express Ltd2.92%
Atul Ltd2.84%
Ipca Laboratories Ltd2.83%
Ratnamani Metals & Tubes Ltd2.76%
Ramco Cements Ltd2.7%

About L&T Midcap Fund - Direct Plan - Growth

The fund manager of the scheme intends to generate capital gains in the long run by investing mostly in the equity-linked securities issued by mid-cap companies.

Pros and Cons of L&T Midcap Fund - Direct Plan - Growth

The most significant advantage of investing in this fund is that you gain exposure to a portfolio constituted by top-performing mid-cap stocks across market sectors that form the Nifty Free Float Midcap 100 index. On the flip side, the fund can be volatile as the exposure towards large-cap stocks is nil.

Fund Information and Statistics

i) Inception/Launch Date

L&T Midcap Fund Direct - Growth was launched on 1 January 2013.

ii) Risk Level

L&T Midcap Fund Direct - Growth has been clubbed under the category of 'high risk' mutual funds as the fund mostly invests in the equity-linked securities issued mid-cap companies.

iii) Redemption

Since L&T Midcap Fund Direct - Growth is an open-ended mutual fund scheme, you can sell your fund units any time.

iv) Fund Manager

Mr Vihang Naik and Mr Venugopal Manghat are the current fund managers of the L&T Midcap Fund - Direct Plan - Growth.

v) Entry/Exit load

There is no entry load on the fund scheme as per the norms of Securities and Exchange Board of India (SEBI). An exit load of 1% is applicable to the units in excess of 10% if redeemed within one year of allocation.

About L&T Mutual Fund

L&T Mutual Fund registered with the Securities and Exchange Board of India with L&T Finance Holdings as its sponsor and L&T Mutual Fund Trustee Limited as its trustee company. It is now a leading asset management company in India. The assets under management of L&T Mutual Fund touched Rs 58,261.93 crore by the end of June 2020.

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Frequently Asked Questions

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Min amount: ₹1,000

Calculate Returns

20 yrs
₹1,000 invested monthly becomes
0 in a period of 20 years
Very High Risk

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