| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.77% |
| NAV | ₹13.58 (23 Oct 2020) |
|---|---|
| Fund Started | 09 Feb 2015 |
| Fund Size | ₹5,638 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 6.5% |
| HDFC Bank Ltd. | Financial | Equity | 6.3% |
| Infosys Ltd. | Technology | Equity | 6.1% |
| 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.