Home>Mutual Funds>Compare L&T Hybrid Equity Fund Direct Growth with ICICI Prudential Balanced Advantage Direct Growth
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Detailed comparison on parameters like NAV | Returns | Risk | Rating | Analysis
L&T Hybrid Equity Fund Direct Growth
Hybrid
Aggressive Hybrid
3.0
INVEST NOW
ICICI Prudential Balanced Advantage Direct Growth
Hybrid
Dynamic Asset Allocation
4.0
INVEST NOW
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L&T Hybrid Equity Fund Direct Growth
(3.7%)
ICICI Prudential Balanced Advantage Direct Growth
(8.7%)
1Y
3Y
5Y
Fund Details
| Risk | Very High | High | - |
|---|---|---|---|
| Min SIP Amount | ₹500 | ₹100 | - |
| Expense Ratio | 0.91% | 1.00% | - |
| NAV | ₹36.8 (16-May-2022) | ₹52.9 (16-May-2022) | - |
| Fund Started | 01-Jan-2013 | 01-Jan-2013 | - |
| Fund Size | ₹5,020Cr | ₹39,479Cr | - |
| Exit Load | Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year | For units in excess of 10% of the investment,1% will be charged for redemption within 1 year | - |
Returns
1Y
3.7%
8.7%
-
3Y
10.8%
11.9%
-
5Y
7.6%
10.2%
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Pros & Cons
Pros
1. Lower expense ratio: 0.91%
2. Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
1. 3Y and 5Y annualised returns higher than category average
2. Lower expense ratio: 1%
3. Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
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Cons
1. Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
1. Higher AUM: 39478Cr. Funds with a higher AUM tend to have lower returns in the future
2. 1Y annualised returns lower than category average by 10.99%
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Holding Analysis
Top 5
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-
-
Top 20
-
-
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P/E
-
-
-
P/B
-
-
-
Turnover
-
-
-
Equity
-
-
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Cash
-
-
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Top Holdings
Top 10 Holdings
Name
Assets
Infosys Ltd.
6.0%
ICICI Bank Ltd.
5.9%
Reliance Industries Ltd.
4.3%
KPR Mills Ltd.
4.1%
State Bank of India
3.1%
Sona BLW Precision Forgings Ltd.
3.0%
GOI
2.7%
The Indian Hotels Company Ltd.
2.7%
HDFC Bank Ltd.
2.6%
Tata Motors Ltd.
2.4%
Name
Assets
Reliance Industries Ltd.
5.8%
GOI
5.6%
ICICI Bank Ltd.
4.9%
Infosys Ltd.
4.7%
HDFC Bank Ltd.
3.9%
Bharti Airtel Ltd.
3.0%
Housing Development Finance Corpn. Ltd.
2.9%
State Bank of India
2.3%
Axis Bank Ltd.
2.1%
Kotak Mahindra Bank Ltd.
1.9%
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Fund Manager
Name
Shriram Ramanathan
Sankaran Naren
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Education
Shriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA.
Mr. Naren is a B.Tech from IIT Chennai and MBA (Finance)from IIM Kolkata.
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Experience
Prior to joining L&T Mutual Fund he has worked with FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T Ltd.
Prior to joining ICICI Prudential AMC he has worked with Refco Sify Securities India Pvt. Ltd., HDFC Securities Ltd. and Yoha Securities.
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About Fund
Description
L&T Mutual Fund started their mutual fund on 03/01/1997 and its managing total assets of ₹52,749 Cr. Its ranked at 12 as per total assets at end of 30th Sep 2017.
ICICI Prudential Mutual Fund started their mutual fund on 13/10/1993 and its managing total assets of ₹2,79,369 Cr. Its ranked at 1 as per total assets at end of 30th Sep 2017.
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Launch Date
25 Apr 1996
12 Oct 1993
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Custodian
Citibank NA
HDFC Bank
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Registrar & Transfer Agent
Cams
Cams
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