L&T Conservative Hybrid Fund Direct Dividend quarterly is a Hybrid Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Venugopal Manghat, Jalpan Shah is the Current Fund Manager of L&T Conservative Hybrid Fund Direct Dividend quarterly.The fund currently has an Asset Under Management(AUM) of ₹35 Cr and the Latest NAV as of 18 Oct 2019 is ₹11.68.
The L&T Conservative Hybrid Fund Direct Dividend quarterly is rated Moderately High risk. Minimum SIP Investment is 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 primary investment objective of Chola Monthly Income Plan, an open-ended scheme with no assured returns, is to generate monthly Income through investments in a range of Debt, Equity and Money Market Instruments. Income will be distributed only if the same is earned by the scheme and there can be no assurance that the objective of the scheme will be realized.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year