|Min SIP Amount||₹500|
|NAV||₹35.35 (16 Apr 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹5,386 Cr|
|ICICI Bank Ltd.||Financial||Equity||8.4%|
|HDFC Bank Ltd.||Financial||Equity||6.4%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.6%|
|Dabur India Ltd.||FMCG||Equity||1.1%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||0.5%|
|Apar Industries Ltd.||Engineering||Equity||0.4%|
|Chambal Fertilisers & Chemicals Ltd.||Chemicals||Equity||0.2%|
|HDFC Bank Ltd.||Financial||Debenture||0.2%|
L&T Hybrid Equity Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹5,386 Cr and the Latest NAV as of 16 Apr 2021 is ₹35.35.
The L&T Hybrid Equity Fund Direct Growth is rated Very 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.