MF Gyan
otherLow risk10 years oldSteady vs its 3-year pace

L&T FMP - Series XIV - Scheme C - Direct Plan - Growth

A specialised fund. Check the scheme details for what it invests in. From L&T Mutual Fund. It's been running since 27 Mar 2017.

Latest price per unit
₹12.7751
▲ 0.01% today
As of 15 May 2020 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.09 L
▲ ₹9.0k gain · 9.0% / year
Invested 3 years ago
₹1.27 L
▲ ₹26.8k gain · 8.2% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.04 L
Gain / loss+₹23.8k
XIRR (annualised)8.49%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.06 L
Projected gain*+₹25.6k
*at this fund's historical rate of 8.49% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 500 other funds in IDF

Same plan
1-year return
9.02%median 3.33% (+5.69%)
Rank #12 of 501Beats 97% of peers
3-year return
8.23%median 4.93% (+3.30%)
Rank #79 of 501Beats 72% of peers
Bumpiness (3Y)
2.49%median 3.16% (-0.67%)
Rank #222 of 501Less risky than 50% of peers
Worst-ever drop
-2.97%median -2.36% (-0.62%)
Rank #210 of 501Less risky than 54% 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. 4 of last 4 years were positive.

+5%
2017
+7%
2018
+10%
2019
+3%
2020
Best year
2019 · 10.13%
Worst year
2020 · 2.53%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
2.5%

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

Worst drop ever
-2.97%

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 XIV - Scheme C - Direct Plan - Growth against other other funds.

Technical details (for the pros)
CAGR — 1 year9.02%
CAGR — 3 years8.23%
CAGR — 5 years—
CAGR — since launch8.12%
Volatility — 1 year (annualised)4.08%
Volatility — 3 years (annualised)2.49%
Max drawdown — 1 year-2.97%
Max drawdown — 3 years-2.97%
Sharpe ratio — 1 year (rf=6%)0.76
Sharpe ratio — 3 years (rf=6%)0.91

Fund info

Fund house
L&T Mutual Fund
Category
IDF
Plan
Direct
Option
Growth
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
140905
First price on record
27 Mar 2017 · 755 daily prices

About L&T FMP - Series XIV - Scheme C - Direct Plan - Growth

L&T FMP - Series XIV - Scheme C - Direct Plan - Growth is a IDF offered by L&T Mutual Fund under the Direct plan with the Growth option. It has approximately 10 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 XIV - Scheme C - Direct Plan - Growth is ₹12.7751 (as of 15 May 2020). Historically, it has delivered 9.04% over the last year, 8.23% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 2.5% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 3.0%. 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 XIV - Scheme C - Direct Plan - Growth?+

The latest NAV of L&T FMP - Series XIV - Scheme C - Direct Plan - Growth is ₹12.7751 as of 15 May 2020, up 0.01% from the previous day. NAV is updated once a business day after the market close.

What are the returns of L&T FMP - Series XIV - Scheme C - Direct Plan - Growth?+

L&T FMP - Series XIV - Scheme C - Direct Plan - Growth has delivered 1-year return 9.04%, 3-year CAGR 8.23%, since-inception CAGR 8.12%. Returns are historical and don't predict future performance — markets move in cycles.

What category does L&T FMP - Series XIV - Scheme C - Direct Plan - Growth belong to?+

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

How risky is L&T FMP - Series XIV - Scheme C - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 2.5%, L&T FMP - Series XIV - Scheme C - Direct Plan - Growth 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 XIV - Scheme C - Direct Plan - Growth a direct plan?+

L&T FMP - Series XIV - Scheme C - Direct Plan - Growth 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 XIV - Scheme C - Direct Plan - Growth?+

L&T FMP - Series XIV - Scheme C - Direct Plan - Growth has NAV history available from 27 Mar 2017 — approximately 10 years of track record and 755 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.