L&T Midcap Fund Direct Plan Growth
- 16.43%
- (--1.66)191.79
Min amount: ₹1,000
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Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | -- |
| 5 Years | 16.43% |
| 3 Years | 8.32% |
| 1 Year | 68.27% |
| 6 Months | 26.49% |
| Fund Details | |
|---|---|
| ISIN | INF917K01FZ1 |
| Risk | Very High Risk |
| Fund Type | Mid-Cap |
| NAV | 191.79 |
| Exit Load | 1% for 365 Days |
More about this fund
| Top Holdings | Weightage |
|---|---|
| Mphasis Ltd | 4.84% |
| Emami Ltd | 4.74% |
| Bayer CropScience Ltd | 3.46% |
| Ipca Laboratories Ltd | 3.41% |
| Atul Ltd | 3.22% |
| Ratnamani Metals & Tubes Ltd | 2.96% |
| Sundaram Finance Ltd | 2.93% |
| Ramco Cements Ltd | 2.73% |
| Supreme Industries Ltd | 2.64% |
| Affle India Ltd | 2.64% |
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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Min amount: ₹1,000
Calculate Returns
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