L&T Conservative Hybrid Fund Dividend Monthly is a Hybrid Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 31 Jul 2003. Venugopal Manghat, Jalpan Shah is the Current Fund Manager of L&T Conservative Hybrid Fund Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹40 Cr and the Latest NAV as of 19 Aug 2019 is ₹10.8.
The L&T Conservative Hybrid Fund Dividend Monthly 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.
Investment Objective
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.
Tax Implications
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)
₹10000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year
Exit Load