|Min SIP Amount||₹1000|
|NAV||₹44.32 (23 Jul 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹38 Cr|
|National Bank For Agriculture & Rural Development||Financial||Debenture||5.8%|
|Power Finance Corporation Ltd.||Financial||Debenture||4.2%|
|ICICI Bank Ltd.||Financial||Equity||1.3%|
|HDFC Bank Ltd.||Financial||Equity||1.1%|
|Happiest Minds Technologies Ltd.||Technology||Equity||0.9%|
L&T Conservative Hybrid 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. Venugopal Manghat, Jalpan Shah is the Current Fund Manager of L&T Conservative Hybrid Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹38 Cr and the Latest NAV as of 23 Jul 2021 is ₹44.32.
The L&T Conservative Hybrid Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000. Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year
The scheme aims to generate monthly income with minimum investments in debt instruments to the extent of 80 percent. Equity and money market instruments can constitute a maximum of 20 per cent of the portfolio.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.