L&T Midcap Fund

Data as on August 30, 2019


L&T Midcap Fundᵟ

Data as on August 30, 2019


Fund Details

NAV of Plans/Options
(as on August 30, 2019)

Rs
Dividend Option - Regular Plan
34.810
Growth Option - Regular Plan
119.790
Dividend Option - Direct Plan
37.260
Growth Option - Direct Plan
126.780
Volatility Measures*:
Standard Deviation
15.67%
R-Squared
0.93
Beta
0.81
Sharpe Ratio#
-0.01
*Source: ICRA MFIE
#Risk free rate assumed to be 5.54%
(based on 3-months Mibor NSE rate during last 3 months)
Date of Inception :
Regular PlanAugust 9, 2004
Direct PlanJanuary 01, 2013
Total Expense Ratio+ : 2.00% (Regular)
0.83% (Direct)
- Including Additional Expenses, B30 charges and GST on Management Fees
- Total Expense Ratio is as on the last business day of the month
Portfolio Turnover :0.1683
OptionsGrowth and Dividend. The Dividend option offers Dividend Payout and Dividend Reinvestment facilities.
Minimum Application size
(Initial)
Rs 5,000 per application and in multiples of Rs 1 thereafter
Additional InvestmentRs 1,000 per application and in multiples of Rs 1 thereafter
Minimum Redemption SizeRs 500 or 50 units
Fund ManagerMr S. N. Lahiri and Mr. Vihang Naik
BenchmarkNifty Midcap 100 TRI Index
Monthly Average AUM (Rs In Crs) 4,835.08
Month end AUM(Rs In Crs) 4,905.48

Portfolio Allocation
Name Of Instrument Rating/Industry % to Net
Assets

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Finance
Cholamandalam Investment and Finance Company Limited 2.13%
Sundaram Finance Limited 1.81%
Multi Commodity Exchange of India Limited 1.69%
Manappuram Finance Limited 1.45%
ICICI Securities Limited 1.35%
Max Financial Services Limited 1.13%
General Insurance Corporation of India 0.84%
CRISIL Limited 0.45%
Banks
City Union Bank Limited 3.62%
The Federal Bank Limited 1.82%
RBL Bank Limited 1.46%
Canara Bank 1.15%
Indian Bank 0.94%
Union Bank of India 0.71%
AU Small Finance Bank Limited 0.36%
Cement
The Ramco Cements Limited 2.92%
Shree Cements Limited 2.35%
ACC Limited 2.30%
Century Textiles & Industries Limited 1.57%
Pharmaceuticals
Abbott India Limited 2.28%
Syngene International Limited 1.44%
Divi's Laboratories Limited 1.13%
Torrent Pharmaceuticals Limited 0.82%
Eris Lifesciences Limited 0.29%
Industrial Products
Supreme Industries Limited 1.95%
AIA Engineering Limited 1.87%
Cummins India Limited 1.35%
Timken India Limited 0.35%
Swaraj Engines Limited 0.13%
Construction
Oberoi Realty Limited 1.95%
Godrej Properties Limited 1.87%
Kajaria Ceramics Limited 1.61%
Poddar Housing and Development Limited 0.07%
Consumer Non Durables
Emami Limited 2.06%
Berger Paints India Limited 1.77%
Godfrey Phillips India Limited 1.07%
Auto Ancillaries
Exide Industries Limited 1.15%
MRF Limited 1.13%
Sundram Fasteners Limited 1.12%
Amara Raja Batteries Limited 1.02%
Varroc Engineering Limited 0.25%
Chemicals
Aarti Industries Limited 1.74%
Atul Limited 1.38%
Deepak Nitrite Limited 0.69%
Vinati Organics Limited 0.63%
Arti Surfactants Limited @ 0.05%
Industrial Capital Goods
Thermax Limited 1.67%
ABB India Limited 1.29%
Name Of Instrument Rating/Industry % to Net
Assets

Triveni Turbine Limited 0.40%
Isgec Heavy Engineering Limited 0.39%
Hotels, Resorts And Other Recreational Activities
The Indian Hotels Company Limited 1.83%
EIH Limited 1.82%
Construction Project
Engineers India Limited 1.71%
H.G Infra Engineering Limited 0.47%
Ashoka Buildcon Limited 0.43%
Techno Electric & Engineering Company Limited 0.42%
Software
MphasiS Limited 1.50%
Affle India Limited 0.70%
BIRLASOFT Limited 0.65%
MindTree Limited 0.16%
Retailing
Future Lifestyle Fashions Limited 1.45%
Future Retail Limited 0.99%
Trent Limited 0.28%
Healthcare Services
Apollo Hospitals Enterprise Limited 2.22%
Textile Products
Welspun India Limited 0.81%
Page Industries Limited 0.78%
K.P.R. Mill Limited 0.30%
Dollar Industries Limited 0.26%
Ferrous Metals
Ratnamani Metals & Tubes Limited 1.26%
Jindal Steel & Power Limited 0.51%
Gas
Mahanagar Gas Limited 0.97%
Aegis Logistics Limited 0.71%
Pesticides
Bayer Cropscience Limited 1.54%
Transportation
Gujarat Pipavav Port Limited 0.89%
Blue Dart Express Limited 0.58%
Petroleum Products
Castrol India Limited 1.30%
Construction Durables
Voltas Limited 1.20%
Fertilisers
Coromandel International Limited 1.20%
Non - Ferrous Metals
National Aluminium Company Limited0.70%
Total 92.61%
DEBT INSTRUMENTS
Fixed Rates Bonds - Corporate
Listed / Awaiting listing on Stock Exchanges
Blue Dart Express Limited ICRA AA ^
Total -
OTHERS
(a) Tri Party Repo Dealing System (TREPS)
6.77%
(b) Net Receivables/(Payables) 0.62%
Net Assets 100.00%
Total number of holdings 79
^ indicates less than 0.01%
@ Awaited Listing
All corporate ratings are assigned by rating agencies like CRISIL; CARE; ICRA; IND.

Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of Rs 10000 invested on the 1st day of every month has been considered.
*B: Scheme Benchmark, AB: Additional Benchmark


Investment objective: To generate capital appreciation by investing primarily in midcap stocks.ᵟ
Exit Load: If the units redeemed or switched out are upto 10% of the units purchased or switched in (“the limit”) within 1 year from the date of allotment – Nil. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment – 1%. If units are redeemed or switched out on or after 1 year from the date of allotment – Nil.
ᵟ Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid effective from May 14, 2018.
For details of other funds managed by the Fund Manager and the performance of the schemes, please refer to 'Scheme Performance Section'
+ Please refer to note on expense ratios in 'Fund Manager wise Scheme Details'

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