Risk | Very High |
---|---|
Min SIP Amount | Not Supported |
Expense Ratio | 0.92% |
NAV | ₹15.15 (22 Apr 2021) |
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Fund Started | 09 Feb 2015 |
Fund Size | ₹5,386 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
ICICI Bank Ltd. | Financial | Equity | 8.4% |
HDFC Bank Ltd. | Financial | Equity | 6.4% |
Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.6% |
Emami Ltd. | FMCG | Equity | 2.1% |
Dabur India Ltd. | FMCG | Equity | 1.1% |
Atul Ltd. | Chemicals | Equity | 0.8% |
Housing Development Finance Corpn. Ltd. | Financial | NCD | 0.5% |
Apar Industries Ltd. | Engineering | Equity | 0.4% |
Chambal Fertilisers & Chemicals Ltd. | Chemicals | Equity | 0.2% |
HDFC Bank Ltd. | Financial | Debenture | 0.2% |
L&T Hybrid Equity Fund Direct IDCW Yearly is a Hybrid Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 09 Feb 2015. Soumendra Nath Lahiri, Shriram Ramanathan, Karan Desai is the Current Fund Manager of L&T Hybrid Equity Fund Direct IDCW Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹5,386 Cr and the Latest NAV as of 22 Apr 2021 is ₹15.15.
The L&T Hybrid Equity Fund Direct IDCW Yearly is rated Very High risk. Minimum SIP Investment is set to 500. Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year
The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments to help generating funds in the long term to save for the cost of children's education.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.