|Min SIP Amount||Not Supported|
|NAV||₹13.58 (23 Oct 2020)|
|Fund Started||09 Feb 2015|
|Fund Size||₹5,638 Cr|
|Reliance Industries Ltd.||Energy||Equity||6.5%|
|HDFC Bank Ltd.||Financial||Equity||6.3%|
|ICICI Bank Ltd.||Financial||Equity||4.5%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.4%|
|Ipca Laboratories Ltd.||Healthcare||Equity||3.2%|
|Tata Consultancy Services Ltd.||Technology||Equity||3.1%|
|Divi's Laboratories Ltd.||Healthcare||Equity||2.9%|
|HCL Technologies Ltd.||Technology||Equity||2.9%|
|Housing Development Finance Corpn. Ltd.||Financial||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 ₹5,638 Cr and the Latest NAV as of 23 Oct 2020 is ₹13.58.
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
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.