L&T Midcap Fund Direct PlanGrowth Plan

Scheme Type
Open-ended
Scheme Category
Mid Cap
Benchmark Type
Nifty Midcap 100 Index
Scheme AUM (in Crs.)
₹ 3196.69
Expense Ratio
1.49%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 73753
Min Subscription
₹ 5000
Min Addition Subscription
₹ 1000
Performance
Comparison
Portfolio
Details
Analysis
138.48
(0.04 %)
NAV as on 2018-12-17
Returns
Fund
L&T Midcap Fund Direct PlanGrowth Plan
1 Year
-9.44%
3 Year
15.02%
5 Year
26.26%
AMC Details
amc launch date
Launch Date
03 Jan 1997
amc sponsor
Sponsor
NA
amc email
Email
amc phone
Phone
022 - 66554000
amc address
Address
27th Floor, Unit 1, Centre 1,World Trade Centre,,Cuffe Parade,Colaba, Mumbai - 400 005
Tax Implications
Short Term Capital Gain (Holding period < 12months):
17.16% - 17.94%
(15% + Surcharge @ 10%-15% + 4% Health & Education Cess.)
Long Term Capital Gain:
10% without indexation & without foreign currency conversion benefit + Surcharge @10%-15% + 4% Health & Education Cess
Taxation on Dividends:
10%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
High
Exit Load
Exit load of 1%, if redeemed between (0-1) years. No Exit load, if redeemed after 1 years.
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
To generate capital appreciation by investing primarily in midcap stocks.
Suitability
This product is suitable for investors who are seeking
• An open-ended equity scheme
• Long term capital appreciation
• Investment primarily in midcap equity and equity-related securities
Fund Analysis
The fund has around 70% exposure to midcaps and rest equally divided in large and small. The fund has been a veteran in the category and has better the returns while reducing volatility as time frame increases. Though the near term prospects might be satisfactory , the long term strategy has proved to gain confidence.
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
0.5 Yrs
1,000
Investment per month for 0.5 Years
5,837
Portfolio Value
-163
Total Returns