Fund Details
L&T Hybrid Equity Fund Direct Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.78% |
| NAV | ₹25.25 (25 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹5,721 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
Top Holdings
| 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% |
Fund Managers
L&T Hybrid Equity Fund Direct Dividend Details
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
Investment Objective
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.
Tax Implications
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.
