MF Gyan
otherLow risk13 years old

L&T FMP - Series VIII - Plan A - Growth - Direct Plan

A specialised fund. Check the scheme details for what it invests in. From L&T Mutual Fund. It's been running since 17 Jun 2013.

Latest price per unit
₹10.8439
▲ 0.07% today
As of 16 Jun 2014 · updated once each business day
Not enough price history yet to tell the money story.
How it compares to peers

Vs 500 other funds in Income

Same plan
Bumpiness (3Y)
1.95%median 5.00% (-3.05%)
Rank #140 of 501Less risky than 72% of peers
Worst-ever drop
-1.83%median -6.85% (+5.02%)
Rank #348 of 501Less risky than 30% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 2 of last 2 years were positive.

+4%
2013
+4%
2014
Best year
2014 · 4.22%
Worst year
2013 · 3.93%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
1.9%

The value swings roughly 2% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-1.83%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of L&T FMP - Series VIII - Plan A - Growth - Direct Plan against other other funds.

Technical details (for the pros)
CAGR — 1 year—
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch8.40%
Volatility — 1 year (annualised)1.95%
Volatility — 3 years (annualised)1.95%
Max drawdown — 1 year-1.83%
Max drawdown — 3 years-1.83%
Sharpe ratio — 1 year (rf=6%)1.27
Sharpe ratio — 3 years (rf=6%)1.27

Fund info

Fund house
L&T Mutual Fund
Category
Income
Plan
Direct
Option
Growth
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
122751
First price on record
17 Jun 2013 · 240 daily prices

About L&T FMP - Series VIII - Plan A - Growth - Direct Plan

L&T FMP - Series VIII - Plan A - Growth - Direct Plan is a Income offered by L&T Mutual Fund under the Direct plan with the Growth option. It has approximately 13 years of NAV track record. The fund falls in the other category — A specialised fund. Check the scheme details for what it invests in.

The current NAV of L&T FMP - Series VIII - Plan A - Growth - Direct Plan is ₹10.8439 (as of 16 Jun 2014). Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 1.9% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 1.8%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of L&T FMP - Series VIII - Plan A - Growth - Direct Plan?+

The latest NAV of L&T FMP - Series VIII - Plan A - Growth - Direct Plan is ₹10.8439 as of 16 Jun 2014, up 0.07% from the previous day. NAV is updated once a business day after the market close.

What category does L&T FMP - Series VIII - Plan A - Growth - Direct Plan belong to?+

L&T FMP - Series VIII - Plan A - Growth - Direct Plan is categorised as Income. A specialised fund. Check the scheme details for what it invests in.

How risky is L&T FMP - Series VIII - Plan A - Growth - Direct Plan?+

Based on its 3-year annualised volatility of 1.9%, L&T FMP - Series VIII - Plan A - Growth - Direct Plan sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is L&T FMP - Series VIII - Plan A - Growth - Direct Plan a direct plan?+

L&T FMP - Series VIII - Plan A - Growth - Direct Plan is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is L&T FMP - Series VIII - Plan A - Growth - Direct Plan?+

L&T FMP - Series VIII - Plan A - Growth - Direct Plan has NAV history available from 17 Jun 2013 — approximately 13 years of track record and 240 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.