L&T Midcap Fund

Data as on June 30, 2017

L&T Midcap Fund

Data as on June 30, 2017

Fund Details

NAV of Plans/Options
(as on May 31,2017)

Dividend Option - Regular Plan 48.500
Growth Option - Regular Plan 128.430
Dividend Option - Direct Plan 50.420
Growth Option - Direct Plan 133.060
Volatility Measures*:
Standard Deviation 15.37%
Beta 0.98
Sharpe Ratio#1.23
*Source: ICRA MFIE
#Risk free rate assumed to be 6.25%
(based on 3-months Mibor NSE rate during last 3 months)
Date of Inception :
Regular PlanAugust 9, 2004
Direct PlanJanuary 01, 2013
Expense Ratio+ :2.28% (Regular)
1.68% (Direct)
Portfolio Turnover :0.6604
OptionsGrowth and Dividend. The Dividend Option offers Payout and Reinvestment facilities.
Minimum Application size
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 Free Float Midcap 100
Monthly Average AUM (Rs In Crs)1,009.24
Month end AUM(Rs In Crs)1,049.68

Portfolio Allocation
Name Of Instrument Rating/Industry % to Net

Equity & Equity related
(Listed/Awaiting listing on Stock Exchange)
Consumer Non Durables
Marico Limited 1.71%
Emami Limited 1.62%
Avanti Feeds Limited 1.55%
United Spirits Limited 1.43%
Berger Paints India Limited 1.42%
Godrej Industries Limited 1.00%
Triveni Engineering & Industries Limited 0.50%
ICICI Prudential Life Insurance Company Limited 3.38%
Bajaj Finserv Limited 1.28%
Multi Commodity Exchange of India Limited 1.19%
Sundaram Finance Limited 1.00%
CRISIL Limited 0.93%
Credit Analysis And Research Limited 0.72%
IndusInd Bank Limited 3.62%
The Federal Bank Limited 2.37%
Canara Bank 1.14%
Union Bank of India 1.12%
Godrej Properties Limited 1.45%
Kajaria Ceramics Limited 1.15%
Brigade Enterprises Limited 1.09%
Oberoi Realty Limited 0.97%
Sobha Limited 0.95%
Sunteck Realty Limited 0.94%
PNC Infratech Limited 0.75%
Industrial Products
Supreme Industries Limited 1.64%
KEI Industries Limited 1.52%
Swaraj Engines Limited 1.35%
Graphite India Limited 1.22%
Timken India Limited 0.98%
AIA Engineering Limited 0.52%
Construction Project
Engineers India Limited 1.76%
Indian Hume Pipe Company Limited 1.44%
Techno Electric & Engineering Company Limited 1.33%
NCC Limited 0.93%
Ashoka Buildcon Limited 0.77%
Aarti Industries Limited 1.78%
Deepak Nitrite Limited 1.32%
Vinati Organics Limited 1.11%
Oriental Carbon & Chemicals Limited 0.93%
Shree Cements Limited 2.25%
The Ramco Cements Limited 1.55%
OCL India Limited 0.99%
Industrial Capital Goods
Isgec Heavy Engineering Limited 1.44%
ABB India Limited 1.26%
Name Of Instrument Rating/Industry % to Net

Triveni Turbine Limited 0.95%
Centum Electronics Limited 0.66%
Ferrous Metals
Jindal Steel & Power Limited 1.59%
Ratnamani Metals & Tubes Limited 1.54%
Shankara Building Products Limited 0.89%
Textile Products
Dollar Industries Limited 2.30%
K.P.R. Mill Limited 1.52%
Auto Ancillaries
Exide Industries Limited 1.48%
TVS Srichakra Limited 1.10%
Coromandel International Limited 1.56%
Zuari Agro Chemicals Limited 0.92%
Petronet LNG Limited 1.36%
Aegis Logistics Limited 0.64%
Bayer Cropscience Limited 1.92%
MphasiS Limited 1.18%
Oracle Financial Services Software Limited 0.59%
Dishman Carbogen Amcis Limited@ 1.31%
IPCA Laboratories Limited 0.39%
Petroleum Products
Hindustan Petroleum Corporation Limited 1.52%
Future Lifestyle Fashions Limited 1.23%
Consumer Durables
Mirza International Limited 1.07%
Telecom - Equipment & Accessories
Sterlite Technologies Limited 1.02%
Healthcare Services
Max India Limited 0.96%
Non - Ferrous Metals
National Aluminium Company Limited 0.73%
Hotels, Resorts And Other Recreational Activities
EIH Limited 0.41%

Listed / awaiting listing on the stock exchanges
Blue Dart Express Limited ICRA AA 0.00%
Blue Dart Express Limited ICRA AA 0.00%
Blue Dart Express Limited ICRA AA 0.00%
Total 0.00%

Cash & Cash Equivalents
Net Receivable/Payable11.79%


Grand Total 100.00%

Total number of holdings69

@ 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. The scheme will invest primarily in companies whose market capitalization falls between the highest and the lowest constituent of the Nifty Free Float Midcap 100.
Exit Load:For redemption within 1 year from the date of allotment or Purchase applying First in First out basis - 1% of Applicable NAV, After 1 year from the date of allotment or Purchase applying First in First out basis - NIL
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'