|Min SIP Amount||Not Supported|
|NAV||₹10.74 (14 Jul 2020)|
|Fund Started||31 Jul 2003|
|Fund Size||₹33 Cr|
|National Bank For Agriculture & Rural Development||Financial||Debenture||6.5%|
|Power Finance Corpn. Ltd.||Financial||Debenture||4.8%|
|Reliance Industries Ltd.||Energy||Equity||1.5%|
|HDFC Bank Ltd.||Financial||Equity||1.5%|
|ICICI Bank Ltd.||Financial||Equity||1.0%|
L&T Conservative Hybrid Fund Dividend Monthly is a Hybrid Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 31 Jul 2003. Venugopal Manghat, Jalpan Shah is the Current Fund Manager of L&T Conservative Hybrid Fund Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹33 Cr and the Latest NAV as of 14 Jul 2020 is ₹10.74.
The L&T Conservative Hybrid Fund Dividend Monthly is rated Moderately High risk. Minimum SIP Investment is set to 1000. 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.