Risk | Moderately High |
---|---|
Min SIP Amount | ₹500 |
Expense Ratio | 0.78% |
NAV | ₹25.25 (25 Jan 2021) |
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Fund Started | 01 Jan 2013 |
Fund Size | ₹5,721 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
ICICI Bank Ltd. | Financial | Equity | 7.6% |
HDFC Bank Ltd. | Financial | Equity | 5.9% |
Reliance Industries Ltd. | Energy | Equity | 5.3% |
Infosys Ltd. | Technology | Equity | 3.8% |
Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.5% |
Tata Consultancy Services Ltd. | Technology | Equity | 2.8% |
HCL Technologies Ltd. | Technology | Equity | 2.5% |
Larsen & Toubro Ltd. | Construction | Equity | 2.4% |
Godrej Properties Ltd. | Construction | Equity | 2.3% |
GOI | Sovereign | GOI Sec | 2.2% |
L&T Hybrid Equity Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Soumendra Nath Lahiri, Shriram Ramanathan, Karan Desai is the Current Fund Manager of L&T Hybrid Equity Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹5,721 Cr and the Latest NAV as of 25 Jan 2021 is ₹25.25.
The L&T Hybrid Equity Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. 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.