|Fund Type||Open Ended|
|Benchmark||CNX Midcap index|
|Asset Size(Cr)||1732.11 (As on Nov 30, 2017)|
|Fund Manager||Soumendra Nath Lahiri (4.5), Vihang Naik (1.5)|
|Notes||DBS Cholamandalam AMC has been acquired by L&T Mutual Fund. All DBS Chola Mutual Fund Schemes has been renamed as L&T Mutual Fund w.e.f Februauy 16, 2010.|
|Min SIP Investment||500|
|Min Addl Investment||1000|
|Exit Load||1% for redemption within 365 days|
|Period||Returns(%)||Benchmark Returns (%)|
- Returns for less than one year are Absolute, and those for more than one year are Annualised (CAGR).
- All the returns are calculated as against the performance of Nifty Free Float Midcap 100.
- The benchmark for the funds falling in small- and mid-cap category is Nifty Free Float Midcap 100.
|Fund Name||Ratings||1 Yr Rtn.||3 Yr Rtn.||5 Yr Rtn.|
|L&T Midcap Fund (G)||22 %||16.94 %||29.25 %|
|Reliance Small Cap Fund (G)||30.78%||21.62%||35.34%|
|L&T Emerging Businesses(G)||33.32%||22.98%||%|
|Aditya Birla Sun Life Small&Midcap Fund (G)||20.15%||18.57%||27.36%|
|Kotak Emerging Equity Scheme (G)||13.81%||14.21%||26.02%|
|Period||Returns (%)||NIFTY MIDCAP 50 (%)|
|No. of Investment||Amount Invested||Investment Value As on date||Units Purchased||CAGR|
| No. of Investment
|| Amount Invested
|| Investment Value As on date
|| Units Purchased || CAGR
The graph depicts the wealth generated or the historical returns offered by the SIP investments made in the selected time horizon.
|Total Amount Invested||Investment Value As on Date||Total Units Purchased||Abs. Return|
| Total Amount Invested
|| Investment Value As on Date
|| Total Units Purchased || Abs. Return
The graph depicts the wealth generated or the historical returns offered by the lump sum investments made in the selected time horizon.
|Sector||Value(In Cr)||Allocation (%)|
|Holdings||Instrument||Industry||Rating||Market Value||% to NAV|
L&T Midcap Fund, which is among the most prominent schemes of L&T Mutual Funds is recommended to be added in the portfolio of every investor to avail the maximum benefits that it offers. Launched in 2004, L&T Mid-Cap scheme is aimed at providing capital appreciation by investing in the stocks and shares of highly-efficient companies. Investors have the option to invest in this scheme either via SIP or by making lumpsum payment. The online investment in a mutual fund can also be opted by the investor to park money in this plan. Here we have provided a synopsis of this plan to help you gain understanding about its features and other parameters.
The investment objective of this plan is generating an appreciation of capital by investing predominantly in the midcap stocks. It invests primarily in the companies whose market capitalisation falls between the highest and the lowest constituent of the CNX Midcap Index. It further aims to identify the entities having strong growth prospects. Such companies are among the potential wealth creators having the capacity to turn out into future large-cap companies. Mid-cap companies are considered attractive due to the presence of new businesses and growth opportunities in the sunrise sectors. The benchmark index of this programme is NIFTY Free Float Midcap 100 against which its performance is measured.
The investors who are seeking long-term capital growth and want to invest in the mid-cap equity and related instruments; they must put their funds in this plan. The performance and portfolio concentration of this strategy are presented hereunder.
Categorised under the Equity- Small and Mid Cap Fund, this investment plan is ranked ‘Second’ as per the rating assigned for the quarter ended in September 2016 by CRISIL. The absolute return offered by the scheme in the past years are remarkable which reached up to 80.80 percent for the year 2014. You can compute the returns prior to investing using the SIP calculator as well. The annualised returns offered by this plan for three and five-year investments were 32.6 and 26.6 percent respectively.
NAV of L&T Mid-Cap Fund amounts to Rs.103.93 as on January 11, 2017. This remarks the per unit price of the scheme and helps in evaluating the net worth of invested capital by the unitholders. Its returns since inception are 20.72 percent, which denotes an appreciable market performance until now. Accordingly, investing the hard-earned money in this plan can be beneficial for every investor in order to grab the best opportunity in the growing industries and create a huge wealth.
The asset size of the scheme that amounts to Rs.511 crore as on December 31, 2017, and the average market capitalisation amounting to Rs. 5,982.30 crore, show the market possession held by this strategy as of now. The total assets have been bifurcated into equities and cash or call instruments in the ratio of 88.79 and 11.19 respectively. Being a growth plan, this scheme offers a tremendous opportunity for enhancing the capital worth by diversifying the money into various sectors.
The sectoral graph depicts that majority of the funds have been invested in the financial, construction, chemicals, FMCG, engineering and metal industries. The top holdings include the most efficient corporate houses involving Shree Cement, Aarti Industries, Ratnamani Metals and Tubes, Triveni Engineering, Federal Bank, and Indian Hume Pipe Co.
It can be concluded here that L&T Midcap Fund (Growth) has the potential to grow the invested capital of the investors. Our fund analysts have well evaluated this programme and make sure that investing in this plan can help one in achieving the financial goals. Thus we recommend you to invest in the same if you want to earn capital appreciation in the long run.
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