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3 star

L&T Hybrid Equity Fund


1 Lakh

Investment Grown to
₹ 1.23 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.44 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 5.44 0.39 -0.79 0.16 2.97 19.08 46.26 7.06 10.70 13.69 12.04
VR Balanced TRI 4.08 0.19 -1.29 -1.56 1.27 20.89 52.11 11.95 13.29 12.26 10.40
Hybrid: Aggressive Hybrid 5.54 0.41 -1.34 -1.14 2.52 22.14 46.36 8.63 11.48 12.67 11.04
Rank within category 18 22 2 6 13 33 19 27 16 9 7
Number of funds in category 49 50 50 50 49 48 47 35 30 26 24

As on 16-Apr-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
L&T Hybrid Equity Fund  | Invest Online
3 star
Feb-11 46.26 7.06 10.70 1.89 5,386
SBI Equity Hybrid Fund  | Invest Online
4 star
Dec-95 40.22 10.85 12.34 1.60 37,727
DSP Equity & Bond Fund  | Invest Online
4 star
May-99 45.44 11.04 13.27 1.89 6,396
Mirae Asset Hybrid Equity Fund - Regular Plan  | Invest Online
5 star
Jul-15 44.02 11.41 13.47 1.90 4,829
Canara Robeco Equity Hybrid Fund - Regular Plan  | Invest Online
5 star
Feb-93 41.13 12.22 13.70 2.12 4,812

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 8.28 24-Mar-2020 - 31-Mar-2020 -15.06 11-Mar-2020 - 18-Mar-2020
Month 16.45 23-Mar-2020 - 22-Apr-2020 -29.83 20-Feb-2020 - 23-Mar-2020
Quarter 26.24 23-Mar-2020 - 22-Jun-2020 -28.60 23-Dec-2019 - 23-Mar-2020
Year 65.87 23-Mar-2020 - 23-Mar-2021 -24.50 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.13 16.84 0.28 0.31 0.91 -4.26
VR Balanced TRI 14.30 18.13 0.54 0.62 -- --
Hybrid: Aggressive Hybrid 10.92 17.72 0.37 0.42 0.93 -2.70
Rank within category 30 13 26 26 18 26
Number of funds in category 37 37 37 37 37 37

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Mar-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Holdings (%) 39.69
Top 5 Holdings (%) 26.76
Top 3 Sectors (%) 44.49
Portfolio P/B Ratio 3.37
Portfolio P/E Ratio 27.97
Avg Credit Rating AAA

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 6.45% GOI 2029 GOI Securities SOV 1.69 - 2.60 2.32
equal 7.32% GOI 28/01/2024 GOI Securities SOV 1.38 - 2.21 2.20
equal 6.18% GOI 2024 GOI Securities SOV 0.00 - 2.08 2.06
equal 7.27% GOI 2026 GOI Securities SOV 0.92 - 2.06 2.02
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.45 - 2.02 1.98
equal 9.37% State Bank of India Additional Tier 1 Bond AA+ 0.92 - 1.08 1.05
equal 7.00% Reliance Industries 31/08/2022 Non Convertible Debenture AAA 0.00 - 1.00 1.00
equal 7.17% GOI 2028 GOI Securities SOV 0.90 - 1.01 0.99
equal 5.15% GOI 2025 GOI Securities SOV 0.00 - 0.94 0.93
equal 8.89% Telangana State 16/10/2024 State Development Loan SOV 0.00 - 0.64 0.64
equal 8.88% Andhra Pradesh State 16/10/2024 State Development Loan SOV 0.00 - 0.54 0.53
equal 7.20% HDFC 13/04/2023 Non Convertible Debenture AAA 0.00 - 0.52 0.52
equal 6.98% Power Finance Corp. 20/04/2023 Non Convertible Debenture AAA 0.00 - 0.51 0.51
new 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 0.50 0.50
equal 5.60% Maharashtra State 2024 State Development Loan SOV 0.00 - 0.48 0.47
equal 5.79% GOI 2030 GOI Securities SOV 0.00 - 1.37 0.45
equal 8.40% SIDBI 2021 Debenture AAA 0.35 - 0.40 0.40
equal 6.70% Tamilnadu State 16/10/2024 State Development Loan SOV 0.00 - 0.30 0.30
equal 9.56% State Bank of India Additional Tier 1 Bond AA+ 0.20 - 0.24 0.23
equal 8.45% Sikka Ports and Terminals 2023 Debenture AAA 0.20 - 0.66 0.23
equal HDFC Bank 28/12/2028 Debenture AAA 0.18 - 0.21 0.21
equal 8.87% Himachal Pradesh State 16/10/2024 State Development Loan SOV 0.00 - 0.21 0.21
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 0.20 0.20
equal Export-Import Bank 19/05/2023 Certificate of Deposit AAA 0.00 - 0.17 0.17
equal 9.40% Export-Import Bank 14/08/2023 Bonds AAA 0.10 - 0.12 0.12

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal ICICI Bank Financial 26.57 8.46 1.02 8.37
down HDFC Bank Financial 25.67 7.52 3.31 6.39
equal Infosys Technology 29.78 6.11 0.00 4.22
equal Reliance Industries Energy 30.95 6.48 0.00 4.18
equal HDFC Financial 26.52 4.28 1.51 3.60
equal Larsen & Toubro Construction 16.63 4.99 1.67 2.94
up HCL Technologies Technology 20.79 3.73 1.68 2.63
equal The Ramco Cements Construction 33.67 2.62 1.55 2.62
equal Jindal Steel & Power Metals 20.39 2.42 0.00 2.42
equal State Bank of India Financial 13.08 2.38 0.00 2.09
equal Emami FMCG 61.89 2.09 0.72 2.08
equal Sun Pharmaceutical Inds. Healthcare 64.33 2.28 0.45 2.07
down Ultratech Cement Construction 28.27 2.05 0.00 2.05
equal Tata Consultancy Services Technology 36.95 5.21 1.82 2.02
down Mahindra & Mahindra Automobile -- 2.04 0.00 1.94
equal Ipca Laboratories Healthcare 25.54 3.42 0.00 1.77
down Godrej Properties Construction 362.51 2.29 0.00 1.67
equal Bharti Airtel Communication -- 5.67 1.03 1.67
equal Oracle Fin Ser Software Technology 18.45 1.62 0.00 1.60
equal KPR Mills Textiles 19.86 1.31 0.40 1.31
equal Shree Cement Construction 54.94 1.21 0.00 1.13
down Dabur India FMCG 63.64 1.62 0.00 1.08
equal Supreme Industries Chemicals 39.11 1.56 0.90 1.02
down Divi's Laboratories Healthcare 54.27 2.94 0.00 0.94
down PI Industries Chemicals 56.60 1.36 0.00 0.93

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Mar-2021

Fund Manager

— Vihang Naik since 17-Dec-2019

Education: Mr. Naik is a CFA and TYBMS.

Experience: Prior to joining L&T Mutual Fund he was associated with L&T Investment Management Limited (Jul 2012-Jun 2016) as an Analyst and with MF Global Sify securities (Mar 2010-Jul 2012, Motilal Oswal Securities (May 2008-Mar 2010), SBICAP Securities (Oct 2006-Apr 2008) as Research Analyst.

Funds Managed:

— Shriram Ramanathan since 30-May-2016

Education: Shriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA.

Experience: Prior to joining L&T Mutual Fund he has worked with FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T Ltd.

Funds Managed:


0.39%

Change from previous, NAV as on 16-Apr-2021

Growth: ₹ 32.5010

IDCW Yearly: ₹ 14.3130

IDCW: ₹ 23.0960


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Lock-in Period Not Applicable
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: L&T Mutual Fund
Launch Date: 07-Feb-2011
Return Since Launch: 12.26%
Benchmark: CRISIL Hybrid 35+65 Aggressive TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 5,386 Cr (As on 31-Mar-2021)
Expense: 1.89% (As on 31-Mar-2021)
Risk Grade: Average
Return Grade: Below Average
Turnover: 63.40%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Yearly26-Mar-20210.7000

 22-Mar-20190.6198
 23-Mar-20180.9000
 23-Mar-20170.2000
IDCW23-Mar-20210.1200

 23-Feb-20210.1200
 22-Jan-20210.1200
 23-Dec-20200.1000
 25-Nov-20200.1000
 01-Jul-20190.0885
 23-Apr-20190.0797
 27-Dec-20180.0531
 24-Sep-20180.1062
 23-Aug-20180.1062
 23-Jul-20180.1062
 22-Jun-20180.1062
 23-May-20180.1062
 23-Apr-20180.1062
 23-Mar-20180.1300
 23-Feb-20180.1300
 25-Jan-20180.1300
 22-Dec-20170.1300
 24-Nov-20170.1300
 23-Oct-20170.1300
 25-Sep-20170.1300
 24-Aug-20170.1300
 27-Jul-20170.1300
 22-Jun-20170.1300
 25-May-20170.1300

Contact Information

AMC: L&T Investment Management Ltd

Address: Brindavan Plot No. 177, CST Road Kalina, Santacruz (East) Mumbai - 400098

Phone: 022-66554000 / 1800-2000-400

Fax: 022-66554002

Email: [email protected]

Website: http://www.lntmf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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