| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.89% |
| NAV | ₹12.35 (06 Jul 2020) |
|---|---|
| Fund Started | 09 Feb 2015 |
| Fund Size | ₹5,642 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 6.5% |
| Bharti Airtel Ltd. | Communication | Equity | 5.7% |
| Reliance Industries Ltd. | Energy | Equity | 5.4% |
| ICICI Bank Ltd. | Financial | Equity | 4.7% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.5% |
| Infosys Ltd. | Technology | Equity | 3.4% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.0% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.6% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.4% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 2.4% |
L&T Hybrid Equity Fund Direct Dividend 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 Dividend Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹5,642 Cr and the Latest NAV as of 06 Jul 2020 is ₹12.35.
The L&T Hybrid Equity Fund Direct Dividend Yearly is rated Moderately 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
To seek 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 childrens 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.