MF Gyan
otherHigh risk10 years oldCooling recently (last 6m ≈ -34% p.a.)

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

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
₹10.00
▼ 21.72% 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
₹85.4k
▼ ₹14.6k loss · -14.6% / year
Invested 3 years ago
₹99.3k
▼ ₹743 loss · -0.2% / 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₹1.60 L
Gain / loss-₹20.5k
XIRR (annualised)-7.92%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.60 L
Projected gain*+-₹20.4k
*at this fund's historical rate of -7.92% 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
-14.62%median 3.33% (-17.95%)
Rank #355 of 501Beats 13% of peers
3-year return
-0.25%median 4.93% (-5.18%)
Rank #249 of 501Beats 12% of peers
Bumpiness (3Y)
14.68%median 3.16% (+11.52%)
Rank #409 of 501Less risky than 8% of peers
Worst-ever drop
-21.72%median -2.36% (-19.36%)
Rank #45 of 501Less risky than 90% 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. 3 of last 4 years were positive.

+5%
2017
+7%
2018
+10%
2019
-20%
2020
Best year
2019 · 10.13%
Worst year
2020 · -19.75%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
14.7%

The value swings roughly 15% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-21.72%

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 - Dividend against other other funds.

Technical details (for the pros)
CAGR — 1 year-14.62%
CAGR — 3 years-0.25%
CAGR — 5 years—
CAGR — since launch-0.00%
Volatility — 1 year (annualised)25.45%
Volatility — 3 years (annualised)14.68%
Max drawdown — 1 year-21.72%
Max drawdown — 3 years-21.72%
Sharpe ratio — 1 year (rf=6%)-0.89
Sharpe ratio — 3 years (rf=6%)-0.43

Fund info

Fund house
L&T Mutual Fund
Category
IDF
Plan
Direct
Option
Dividend
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
140908
First price on record
27 Mar 2017 · 755 daily prices

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

L&T FMP - Series XIV - Scheme C - Direct Plan - Dividend is a IDF offered by L&T Mutual Fund under the Direct plan with the Dividend 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 - Dividend is ₹10.0000 (as of 15 May 2020). Historically, it has delivered -14.65% over the last year, -0.25% 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 14.7% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 21.7%. 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 - Dividend?+

The latest NAV of L&T FMP - Series XIV - Scheme C - Direct Plan - Dividend is ₹10.0000 as of 15 May 2020, down 21.72% 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 - Dividend?+

L&T FMP - Series XIV - Scheme C - Direct Plan - Dividend has delivered 1-year return -14.65%, 3-year CAGR -0.25%, since-inception CAGR -0.00%. 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 - Dividend belong to?+

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

Based on its 3-year annualised volatility of 14.7%, L&T FMP - Series XIV - Scheme C - Direct Plan - Dividend sits in the "high" 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 - Dividend a direct plan?+

L&T FMP - Series XIV - Scheme C - Direct Plan - Dividend is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is L&T FMP - Series XIV - Scheme C - Direct Plan - Dividend?+

L&T FMP - Series XIV - Scheme C - Direct Plan - Dividend 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.